LG UPLUS KIDSTOPIA WINS MSIT AWARD AT 2024 METAVERSE ALLIANCE CONFERENCE

• Recognized for excellence in user protection, interaction, and authenticity
• Surpassed 900,000 subscribers globally, gaining widespread popularity at home and abroad thanks to its advanced AI-powered natural conversation capabilities
• Subscriber growth driven by ‘ixi,’ an in-house developed AI brand and expanded experiential education content
• Awarded the ‘Gold Medal’ in the Application category at the ‘2024 Mom’s Choice Awards,’ a globally renowned certification program evaluated by parents and educators

SEOUL, South Korea, Dec 23 (Bernama-BUSINESS WIRE) -- LG Uplus (KRX:032640), one of the top three telecom carriers in South Korea, announced that its children’s platform, ‘KidsTopia,’ has received the Science and ICT Minister’s Award at the 2024 Metaverse Alliance and Self-Regulation Achievement Sharing Conference.

This press release features multimedia. View the full release here: 
https://www.businesswire.com/news/home/20241222501773/en/

 

Hosted by the Ministry of Science and ICT (MSIT) of Republic of Korea, the conference brings together experts from industry, academia, research, and government to discuss achievements and honor outstanding companies and projects that contribute to the growth of the metaverse ecosystem. This year’s event took place on December 11 at the Seoul Dragon City Hotel in Yongsan-gu, Seoul.

KidsTopia earned the Minister’s Award in recognition of its exceptional performance in such areas as User Protection, User-to-User Interaction and Collaboration, and Authenticity for Users.

KidsTopia is a platform where children can explore and learn about diverse subjects including foreign languages, animals, dinosaurs, and space through engaging 3D virtual experiences with AI-powered characters. Key to its success are child-friendly graphics and the ability to hold multilingual conversations with characters—powered by ixi, LG Uplus’s proprietary AI technology.

This unique combination of technology and educational value has propelled KidsTopia’s popularity not only in Korea, but also across Southeast Asia. As of December 2024, the platform has exceeded 900,000 cumulative subscribers across the globe. It is an impressive feat, considering that the platform reached this milestone in just one year and seven months since its launch.

In addition to the MSIT recognition, KidsTopia was recently awarded the ‘Gold Medal’— the highest honor in the application category at the ‘2024 Mom’s Choice Awards,’ a globally renowned certification program for child-appropriate products, on December 4.

'Mom’s Choice' is an international certification organization that evaluates and recognizes outstanding products based on the overall assessment of their quality, educational value, and originality. Its judging panel includes not only education and media professionals, but also parents, and children.

The significance of this recognition from the Mom’s Choice Awards lies in the inclusion of parents—the primary decision-makers in purchasing children’s services—alongside education experts in the evaluation process. This collaboration between parents and experts enhances the certification’s credibility, establishing it as a benchmark for child-friendly products trusted by families worldwide.

Kim Min-gu, head of LG Uplus’s Metaverse Project, said, “We are immensely proud that our efforts to create a platform that is both enjoyable and beneficial for children have been recognized through these prestigious awards, both domestically and globally. LG Uplus will continue its efforts to advance KidsTopia as a premier global children’s platform, driven by its confidence and commitment to education, entertainment, and safety.” 

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ALL KEY PROJECTS FOR WINTER PEAK LOAD IN JIANGSU POWER GRID PUT INTO OPERATION

NANJING, China, Dec. 23, 2024 /Xinhua-AsiaNet/--

On December 16, the capacity expansion project of the main transformer at the 500-kilovolt Shangdang Substation in Zhenjiang, Jiangsu Province, was officially put into operation. With this, all key projects for winter peak load in Jiangsu Power Grid in 2024 have been completed and put into operation.
 
"The full operation of the 10 key projects for winter peak load has further improved the grid network structure within the province, met the large-scale grid connection needs of new energy in northern Jiangsu, and enhanced the power supply capacity of the power grid in southern Jiangsu. It will effectively ensure the safe and reliable electricity use of enterprises and residents in Jiangsu during the winter," said Chen Songtao, head of the Planning Division of the Construction Department of State Grid Jiangsu Electric Power Co., Ltd. The company has comprehensively strengthened the control of important nodes of winter grid projects and continuously improved the level of lean management to ensure that all projects for winter peak load are put into operation before the peak of winter electricity consumption arrives.
 
From January to November, the cumulative social electricity consumption in Jiangsu reached 773.949 billion kilowatt-hours, a year-on-year increase of 8.99%. Taking Zhenjiang as an example, the social electricity consumption in Zhenjiang from January to November this year reached 29.838 billion kilowatt-hours, a year-on-year increase of 7.58%. "To meet the growing electricity demand in the local area, the capacity expansion project of No. 1 main transformer at the 500-kilovolt Shangdang Substation was launched in May this year, increasing the main transformer capacity from 750 megavolt-amperes to 1,000 megavolt-amperes," said Li Qiming, project manager of State Grid Jiangsu Electric Power Engineering Consulting Consulting Co., Ltd. The increased electricity can meet the annual needs of 3.3 million households, providing strong support for power supply guarantee in Zhenjiang this winter.
 
The 500-kilovolt Haiyang Transmission and Transformation Project in Taizhou is the first completed key project for winter peak load this year. As one of the key projects in the "14th Five-Year Plan" for the development of Jiangsu Power Grid, the completion of this substation will provide reliable electricity for about 4.38 million households throughout the year.
 
Source: The State Grid Jiangsu Electric Power Engineering Consulting Co., Ltd.  

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SELANGOR'S ROBUST INVESTMENT PERFORMANCE FROM JANUARY - SEPTEMBER 2024 POSITIONS THE STATE AT THE FOREFRONT, OUTPACING OTHER STATES

Selangor’s Robust Investment Performance From January – September 2024 Positions The State At The Forefront, Outpacing Other States

SHAH ALAM, Dec 23 (Bernama) -- Selangor has once again reaffirmed its position as the leading state in investment performance, recording an impressive approved investment of RM66.8 billion between January and September 2024 as reported by Malaysian Investment Development Authority (MIDA). This achievement positions Selangor at the top, followed by W.P. Kuala Lumpur with RM63.9 billion, Kedah at RM34.0 billion, Pulau Pinang with RM22.6 billion, and Johor at RM18.1 billion.
The approved investments in Selangor are made up of RM15 billion from manufacturing-related projects, RM51.7 billion from the services sector, and RM38.7 million from the primary sector. This reflects a significant 58.7% increase, compared to RM42.1 billion recorded during the same period last year.

Domestic investments accounted for the majority of the approved investments at 68.3% or RM45.6 billion, while foreign investments contributed 31.7% or RM21.2 billion. Both domestic and foreign investments demonstrated remarkable growth, with domestic investments surged 74%, from RM26.2 billion, and foreign investments increased by 68%, compared to RM12.5 billion in the same corresponding period last year. Top contributors to foreign investments in Selangor during the period included the USA (RM4.8 billion), Singapore (RM1.8 billion), the People’s Republic of China (RM1.76 billion), Japan (RM564.6 million) and Germany (RM421.3 million).

A total of 1,371 projects were approved in Selangor, comprising 253 manufacturing projects and 1,116 services projects. These projects are expected to create approximately 50,222 potential job opportunities, marking a substantial increase from 997 approved projects and 23,060 potential job opportunities recorded during the same period last year.

The services sector continues to be the key driver of Selangor’s investment performance, with major contributions from sub-sectors such as Information and Communication, Real Estate, Support Services, Transport Services, and Distributive Trade.

In the manufacturing sector, strong investment performance was contributed by leading sub-sectors such as Electrical & Electronics, Transport Equipment, Fabricated Metal Products, Non-Metallic Mineral Products, and Machinery Equipment. This underscores the manufacturing sector’s resilience and continued growth.

According to YB Tuan Ng Sze Han, Selangor State Executive Councillor for Investment, Trade & Mobility, “This remarkable investment performance recorded by the state of Selangor, showcases the vibrancy of its industrial ecosystem, cutting edge technological capabilities and its competitive strengths in manufacturing and services sectors. It has certainly validated its case as a premier and attractive destination for investors. The future looks bright for Selangor and we hope the upwards momentum to continue and yield positive full year result for 2024”.

About Invest Selangor Berhad:
Invest Selangor Berhad (ISB) is the state government agency responsible for promoting and facilitating investment in Selangor, Malaysia. With its commitment to providing investors with the ease of doing business, ISB ensures investors have a hassle-free investment journey. The agency offers a comprehensive suite of services, including site selection assistance, investment facilitation, and aftercare services. ISB is dedicated to providing investors with a conducive business environment, which includes streamlined procedures, efficient services, and access to industry insights and networks. This commitment to investor ease of mind has made Selangor an attractive investment destination for local and foreign investors. With ISB's support, investors can focus on their business operations and leave the administrative matters to the agency, giving them the peace of mind they need to grow their investments in Selangor.

For Selangor investment enquiries, please visit www.investselangor.my

SOURCE : Invest Selangor Berhad

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Maryani Binti Mat Saad
Tel: +603 5510 2006
Email: maryani@investselangor.my

--BERNAMA

REPORT ON "KLCC PROPERTY SAID TO BE BUYING BANDAR MALAYSIA FOR OVER RM10 BIL" IN THE THE EDGE MALAYSIA, 23 DECEMBER 2024

KUALA LUMPUR, Dec 23 (Bernama) -- KLCC Property Holdings Berhad (KLCCP) refers to the news report on “KLCC Property said to be buying Bandar Malaysia for over RM10 bil” in the The Edge Malaysia, dated 23 December 2024

KLCCP wishes to inform that we are not a party to this transaction. We are not the buyer as reported.


About KLCCP Stapled Group

KLCC Property Holdings Berhad (KLCCP) and KLCC REIT, collectively known as KLCCP Stapled Group is Malaysia’s largest self-managed stapled security that invests, develops, owns, and manages a stable of iconic and quality assets. KLCCP Stapled Group became the first ever Shariah compliant stapled structure in Malaysia upon the listing of KLCC Stapled Securities (KLCCSS) on 9 May 2013 and trades under the REIT sector of the index as a single price quotation.

KLCCP Stapled Group’s core business is in property investment and development, and provision of management services. The Group owns iconic prime assets, namely the PETRONAS Twin Towers, Menara ExxonMobil and Menara 3 PETRONAS under KLCC REIT and Suria KLCC, the premier shopping mall, Mandarin Oriental, Kuala Lumpur hotel and a vacant land (Lot D1) under KLCCP. KLCCP also has a 33% stake in Menara Maxis.

KLCCP Stapled Group redefines excellence in real estate. With decades of experience building the nation’s iconic landmarks, it has elevated industry standards and expectations, reinforcing its commitment to enriching lives and building a more sustainable future.

Issued by:
Group Strategic Communications and Investor Relations
23 December 2024

SOURCE : KLCC (Holdings) Sdn Bhd

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Yasmin Abdullah
Head, Corporate Communications
Group Strategic Communications and Investor Relations
KLCC (Holdings) Sdn Bhd
Tel: +603-27837584
Email: yasmina@klcc.com.my



--BERNAMA

Hong Kong Chinese New Year Celebrations Blend Tradition With Digital Innovation

Hong Kong Well-wishing Festival at Tai Po’s Lam Tsuen (Credit: Lam Tsuen Wishing Square)

KUALA LUMPUR, Dec 20 (Bernama) -- Hong Kong, known for its vibrant Chinese New Year celebrations, offers a unique blend of traditional customs and modern innovations, creating an unparalleled festive experience.

Among the highlights are the myriad of fortune-enhancing activities that attract travellers to various temples, according to the Hong Kong Tourism Board in a statement, where spiritual traditions are reimagined with cutting-edge technology.

At Wong Tai Sin Temple, visitors seek blessings for the upcoming year, where it is famed for fulfilling wishes, especially during the midnight rush on New Year’s Eve. A highlight is the Taisui Yuenchen Hall, featuring a starry LED dome that creates a divine atmosphere for prayers.

The temple also boasts an interactive LED wishing wall, where visitors can digitally input their wishes via QR code and see them displayed in real time.

Other popular temples, such as Man Mo Temple in Sheung Wan and Tin Hau Temple in Yau Ma Tei, also offer digital enhancements such as self-service kiosks for buying incense and offerings. Visitors can take home a blessing seal as a keepsake.

For prosperity, the "Kwun Yum Treasury Opening" on the 26th day of the first lunar month (Feb 23, 2025) allows devotees to symbolically “borrow” wealth from Kwun Yum (the Goddess of Mercy), with virtual participation available for those who cannot attend in person.

Meanwhile, the Hong Kong Well-wishing Festival, held at Tai Po’s Lam Tsuen Wishing Trees, continues the tradition of wish-making with a modern twist. This year, visitors can enjoy enhanced lighting and new rituals such as blessing lotus lanterns and love locks.

The festival, running from Jan 29 to Feb 12, will feature photo opportunities with floats from the International Chinese New Year Night Parade.

Hong Kong is bursting with festive surprises as the city’s Chinese New Year festivities are a symphony of tradition and innovation, from riveting temple hopping to timeless wishing rituals.

-- BERNAMA

EMGA OBTAINS US$90 MLN FINANCING FOR BRAZIL-BASED CLIENT FROM EIB

KUALA LUMPUR, Dec 20 (Bernama) -- Emerging Markets Global Advisory LLP (EMGA) has secured US$90 million in debt finance for its long-standing Brazil-based client, BTG Pactual, the largest investment bank in Latin America. (US$1=RM4.50)

According to a statement, the US$90 million senior unsecured loan was provided by the European Investment Bank (EIB) and the transaction follows on from a very recent transaction also advised by EMGA for US$210 million.

EMGA Managing Director and Head of Investment Banking, Sajeev Chakkalakal said this was a fantastic add-on transaction to the US$210 million green financing facility that the company raised for BTG from EIB.

“In this instance, this financing is aimed at funding BTG’s SME Lending portfolios and has an especially high development impact given that the finance will support small business development in disadvantaged regions of Brazil, and the additional focus on female entrepreneurs.

“EIB remains a key investor relationship for EMGA, and we are proud to have helped them increase their presence in Brazil as part of their broader EIB Global strategy,” added Chakkalakal.

Meanwhile, EMGA Managing Director and Head of Operations, Jeremy Dobson expressed pride in continuing the successful collaboration with BTG Pactual and EIB, reinforcing their commitment to arranging financing in Brazil and Latin America.

The EIB finances and invests both through equity and debt solutions and focuses on the areas of climate, environment, small and medium-sized enterprises (SMEs), development, cohesion and infrastructure.

On the other hand, EMGA, with offices in London and New York, helps financial institutions and corporates seeking new debt or equity capital.

-- BERNAMA

ALLIANZ MALAYSIA FINANCIALLY SUPPORTS MISAR'S 2024 FLOOD RELIEF EFFORTS

The MISAR Capsule Relief Guard, launched in 2019 and supported by Allianz Malaysia, is equipped to aid up to 120 people with three mobile toilets, 30 tents, a complete hygiene kit, and a solar-powered digital communication tool with internet connectivity

KUALA LUMPUR, Dec 20 (Bernama) -- Allianz Malaysia Berhad (Allianz Malaysia) via its corporate social responsibility (CSR) arm Allianz4Good, continues to support the Malaysia International Search and Rescue (MISAR) in its ongoing 2024 flood relief efforts. These efforts are focused on providing essential aids to communities across several flood affected states, including Terengganu, Kelantan, Pahang, Negeri Sembilan, and Melaka.

The devastating floods have caused disruption in these affected states and Allianz Malaysia’s contribution aims to alleviate the hardships faced by affected families. By partnering with MISAR, Allianz Malaysia seeks to support the relief efforts, ensuring that crucial resources reach those in urgent need.

Since October 2024, MISAR has been on the ground actively responding to the needs of flood-stricken areas. Their efforts have included the purchasing and packing of relief items, the deploying specialised response teams to affected locations, and distributing essential supplies such as dry food, hygiene products, pillows, towels, and diapers among others. These timely interventions are essential in providing immediate relief to those who have lost everything during the floods.

Head of Allianz4Good, Ng Siew Gek said, “We hope the contribution could provide needed assistance to those affected in flood and accommodates timely recovery.”

Founder of MISAR, Captain K. Balasupramaniam said, “Our commitment and consistency in providing flood relief aids have gained confidence among local communities in flood prone areas and this made our operation effective and successful.”

In addition to its relief support, Allianz Malaysia has been an ongoing partner in various MISAR initiatives throughout 2024. This includes the Public Flood Survival Programme, which educated and prepared 235 participants, aged 17 to 70 years with essential flood survivor knowledge and contributed a brand-new 4x4 Toyota Hilux ambulance that was specifically designed to handle the unique challenges of Malaysia's rugged terrains and flood-prone regions, thus enabling MISAR to access to geographically-challenging locations.

Allianz Malaysia’s continued support to disaster relief reflects its commitment to social responsibility and community support. Through these flood relief initiatives, Allianz Malaysia, together with MISAR, hope to help communities not only recover from this disaster but also build resilience for the future.

SOURCE : Allianz Malaysia Berhad

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Shamala Gopalan
Group Head
Corporate Communications Department
Allianz Malaysia Berhad
Tel: 016.285.0685
Email: shamala.gopalan@allianz.com.my

Name: Gary Mark Nagan
Manager
Corporate Communications Department
Allianz Malaysia Berhad
Tel: 012.367.1450
Email: gary.nagan@allianz.com.my

--BERNAMA

SYNOPSYS AND SIMA.AI ANNOUNCE STRATEGIC COLLABORATION TO ACCELERATE DEVELOPMENT OF AUTOMOTIVE EDGE AI SOLUTIONS

Joint Solution to Speed SoC Development for Next-generation ADAS and IVI Applications

SUNNYVALE, Calif. & SAN JOSE, Calif., Dec 18 (Bernama-BUSINESS WIRE) -- Synopsys (Nasdaq: SNPS) and SiMa.ai today announced a strategic collaboration to jointly deliver a new solution for automotive companies to accelerate the development of workload-specific silicon and software needed to power artificial intelligence-enabled features in next-generation automobiles. The solution will combine Synopsys' best-in-class EDA, automotive-grade IP, and hardware-assisted verification solutions with SiMa.ai’s leading machine learning accelerator (MLA) IP and complete ML software stack application development environment for maximum customization of IP, subsystems, chiplets, and SoCs.

This press release features multimedia. View the full release here: 
https://www.businesswire.com/news/home/20241217056520/en/

Advanced Driver Assistance Systems (ADAS) and In-vehicle Infotainment (IVI) are emerging as key differentiators for automakers with a tremendous diversity in applications. The advent of generative artificial intelligence (GenAI) features in these applications requires artificial intelligence (AI) at the edge to deliver real-time, multi-modal in-car experiences. However, current software-defined vehicle (SDV) architectures are not equipped to support related demands for the diversity of applications and the required compute, performance, and reliability. Automakers need AI-ready, workload-verified, power-efficient software architectures to compete in this new environment. Further, they need hardware-software co-design solutions, from silicon–to–systems, to reduce development costs and de-risk start-of-production timelines.

Synopsys is a trusted partner to the worldwide automotive ecosystem with more than 50 OEMs and Tier 1 suppliers using Synopsys virtual prototyping technologies, and more than 1,000 virtual models developed from SoC IP to board-level ICs and ASICs. SiMa.ai is the software-centric company that specializes in developing high performance, power-efficient machine learning system on chip (MLSoC) solutions for the embedded edge. The SiMa.ai tech stack emphasizes flexibility, offering support for the widest number of models, sensors and applications possible, and automatically optimizes them for peak performance. The integrated Synopsys and SiMa.ai solution will be designed to enable:

• Early architecture exploration: Capability to guide automotive design engineers to optimally-choose performance, power, and software application requirements for custom or 3rd party SoC development.
• Shift-left software development: The solution will be optimized for multi-modal functions and GenAI, as well as to provide an end-to-end workflow including virtual prototyping and emulation to accelerate software/hardware integration and speed time to market.
• Cost-effective and differentiated in-vehicle experiences: Silicon-proven building blocks and subsystems for high-performance automotive ML SoCs and chiplets that are fully customizable to support diverse workloads, integrating SiMa.ai’s leading, easy-to-use ML software and tools.
• Continuous upgradeability of automotive edge AI solutions: Applications with AI capabilities can be developed to support both current and future requirements. In addition, virtual prototypes can be used to develop and test over-the-air updates.

"Our collaboration with SiMa.ai will provide automotive companies a significant step forward in modernizing their hardware/software co-design processes to meet demand for advanced, in-car experiences that are increasingly costly and complex to deliver,” said Ravi Subramanian, head of the Synopsys Product Management and Markets Group. “Our leadership in architecture exploration, IP, and hardware-assisted verification, combined with SiMa.ai’s innovative performance and power-optimized ML capabilities, will enable customers to differentiate while continuing to meet stringent cost considerations and industry standards.”

"Collaborating closely with Synopsys allows us to provide automotive manufacturers with complete, optimized solutions that accelerate their development cycles," said Krishna Rangasayee, Founder and CEO, SiMa.ai. "The SiMa.ai MLSoC platform was designed for best possible performance at lowest power consumption across a diverse set of applications—that was the missing piece in the puzzle to make future cars so much smarter and safer than what we have today. When combined with Synopsys' industry-leading IP and software, we will deliver a powerful foundation for innovation across auto OEMs in autonomous driving and in-vehicle experiences."

Meet with Synopsys and SiMa.ai at CES 2025

Join Synopsys and SiMa.ai at CES 2025, January 7-10, 2025, to learn more about how we are collaborating to transform the development of automotive edge AI solutions. Contact SynopsysAutomotive@synopsys.com to schedule a meeting onsite.

About Synopsys

Catalyzing the era of pervasive intelligence, Synopsys, Inc. (Nasdaq: SNPS) delivers trusted and comprehensive silicon to systems design solutions, from electronic design automation to silicon IP and system verification and validation. We partner closely with semiconductor and systems customers across a wide range of industries to maximize their R&D capability and productivity, powering innovation today that ignites the ingenuity of tomorrow. Learn more at www.synopsys.com.

About SiMa.ai

SiMa.ai is the software-centric, embedded edge machine learning system-on-chip (MLSoC) company. SiMa.ai delivers ONE Platform for Edge AI that flexibly adjusts to any framework, network, model, sensor, or modality. Edge ML applications that run completely on the SiMa.ai MLSoC and Modalix product family see a tenfold increase in performance and energy efficiency, bringing higher fidelity intelligence to ML use cases spanning computer vision to generative AI, in minutes. With SiMa.ai, customers unlock new paths to revenue and significant cost savings to innovate at the edge across automotive, industrial manufacturing, retail, aerospace, defense, agriculture, and healthcare. Learn more at www.sima.ai.

Note: All trademarks and registered trademarks are the property of their respective owners. 

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WUXI SHUOFANG AIRPORT IS DESIGNATED AS A 240-HOUR TRANSIT VISA-FREE PORT IN CHINA

WUXI, China, Dec. 18, 2024 /Xinhua-AsiaNet/--

China further expanded its visa-free transit policy, extending the maximum amount of time foreigners are allowed to stay in the country under the policy to 240 hours from the previous 72 or 144 hours, the National Immigration Administration of China announced on Tuesday. Additionally, 21 ports have been newly added as entry ports for transit visa-free personnel, including Wuxi Shuofang Airport.

Currently, the aviation port in Wuxi has opened 8 international passenger routes to and from cities such as Osaka, Japan; Incheon, South Korea; Nha Trang, Vietnam; Singapore; and Bangkok, Thailand, with an average of 22 international flights per day.

The latest data shows that this year, Wuxi Immigration Inspection Station has inspected over 7,400 inbound and outbound flights, a year-on-year increase of 125%; and over 820,000 personnel, a year-on-year increase of 134%. The number of foreigners entering and exiting through Wuxi has reached over 91,000, a year-on-year increase of 245%. Among them, more than 10,000 foreigners entered without a visa and temporarily transited, 16.4 times more than last year, with tourism and visiting relatives and friends being the main purposes of entry.

At the beginning of this year, Wuxi introduced the "Ten Measures to Facilitate the Entry and Stay of Foreign Nationals in Wuxi," building six scenarios of convenience for foreign nationals, including entry and exit, payment, business work, living travel, consumption, and education and medical care.

After the formal implementation of the 240-hour transit visa-free policy, Wuxi will further improve the customs clearance guarantee services. Specific measures include scientifically adjusting the layout of the entry site, and delineating the transit visa-free procedure processing area. Wuxi will manage and serve the stay of foreigners in China, and coordinate the transition between the transit visa-free policy and port visa requirements. The city will publicize the 240-hour transit visa-free policy in multiple channels and languages, and promote the transit visa-free policy to foreign-funded enterprises, foreign chambers of commerce, travel agencies, and airlines in Wuxi. It will set up entry passenger service stations at entry ports, providing foreigners with services such as scenic spot reservation, mobile card processing, and mobile payment, and continue to facilitate foreigners' study, life, and work in Wuxi.

Source: Wuxi Immigration Inspection Station

--BERNAMA

SME BANK CONTINUES TO EXTEND ASSISTANCE TO FLOOD VICTIMS, POSITIVELY IMPACTING OVER 4,500 BENEFICIARIES IN KEDAH & KELANTAN

KUALA LUMPUR, Dec 18 (Bernama) -- Small Medium Enterprise Development Bank Malaysia Berhad (“SME Bank”) continues to extend assistance to flood victims by activating its second flood relief mission, following SME Bank’s recent announcement to provide immediate assistance to its customers through tailored financing solutions and relief measures.

SME Bank reaffirms its commitment towards uplifting the lives and communities in need by extending support to individuals and families affected by the nationwide flood as part of its Corporate Social Responsibility (“CSR”) initiative, aligning with the Bank’s ESG agenda which is to create lasting impact on society. Under this initiative, SME Bank contributed food baskets and essential items as well as cash assistance to the flood affected victims within these two states.

Datuk Dr. Mohammad Hardee Ibrahim, Acting Group President/Chief Executive Officer of SME Bank said, “As one of the country’s leading development financial institutions (“DFI”) mandated in the value creation of the society, we are aware of the challenges faced by victims of the flood that hit our shores recently. Thus, we heed the Government’s call for all Government agencies and corporations to play a direct role in helping the Rakyat navigate through this difficult situation. Being agile and quick to address this nationwide crisis, we continue to extend the necessary assistance beyond financing by executing our flood-relief CSR initiative in Kedah and Kelantan, benefiting over 4,500 beneficiaries in view of the high number of flood cases in these two states.”

“We are pleased to collaborate with the Jabatan Kebajikan Masyarakat (“JKM”), under the Kedah State Government, where we contributed food baskets and essential items to 400 families within the district of Kubang Pasu, Kedah – comprising over 3,500 beneficiaries in total. Meanwhile, in Kelantan we are providing our support through cash contribution to two (2) primary schools; Sekolah Kebangsaan Teluk Jering and Sekolah Kebangsaan Bendang Pa’Yong, to support post-flood recovery, benefitting 1,000 students.”

“Beyond these, our very own employees were also involved in the preparation and distribution of the food baskets in Kedah, while our employees in Kelantan were involved in the restoration and cleaning of the two affected schools,” Datuk Dr. Mohammad Hardee Ibrahim elaborated.

A handover presentation ceremony was held recently in both states. In Kedah, the ceremony saw Dato’ Muslim Hussain, Chairman of SME Bank and Datuk Dr. Mohammad Hardee Ibrahim in attendance, along with Muhammad Mahazi Ibrahim, District Officer of Pusat Kawalan Operasi Bencana (“PKOB”), Kubang Pasu – the implementing body of JKM Kedah. Meanwhile, in Kelantan, SME Bank was represented by Zabidi Abdullah, Chief Business Officer; Zarina Nor Ismail, Chief Operating Officer and Mohammad Azam Ahmad, Group Chief Risk Officer, along with Zamri Muhammad, Headmaster of Sekolah Kebangsaan Teluk Jering and Roslan Mohamed, Headmaster of Sekolah Kebangsaan Bendang Pa’Yong.

Since 2022, SME Bank has mobilised nearly 20 CSR initiatives amounting to over RM3 million with emphasis on economic empowerment, community development, and environmental preservation, including the Flood Relief Aid for Students in Penampang, Sabah and the ‘Satu Pemimpin Satu Kampung’ (“Santuni Madani”) programme among others.

In addition to these efforts, SME Bank also supports MSMEs by mobilising the Bank Negara Malaysia’s Disaster Relief Facility (“DRF”). This facility offers financing of up to RM700,000 for SMEs and RM150,000 for micro-enterprises, with a competitive rate of 3.5% per annum and a tenure of up to seven years.

For further details on SME Bank’s programs and initiatives, please visit www.smebank.com.my, SME Bank's Facebook page, or contact SME Bank’s Contact Centre at 603-26037700. Please visit https://bit.ly/41BgAwJ.

Issued by:
SME Bank Group Strategic Communication

SOURCE : SME Bank

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Arnee Ismail
Head, Group Strategic Communication
SME Bank
Tel: 03-2615 2954
Email: arnee.ismail@smebank.com.my

--BERNAMA

NIKKEI ONLINE EDITION: FIRST IN JAPAN TO REACH 1 MILLION PAID DIGITAL SUBSCRIBERS

TOKYO, Dec. 16, 2024 /Kyodo JBN/ --

Nikkei Inc. announced on December 10 that the number of paid subscribers to the Nikkei Online Edition has surpassed 1 million, making it the first (*) domestic paid digital news media to achieve this milestone. The recent rapid growth has been driven by increased subscriptions in the corporate and education sectors. Nikkei continues to expand beyond its role as a must-read news provider into becoming a must-use service for an increasingly wider audience.
(*) According to a report by Reuters Institute for the Study of Journalism
( https://reutersinstitute.politics.ox.ac.uk/digital-news-report/2024/japan )
 
The Nikkei Online Edition launched in 2010. Early success was driven by a strong uptake from individual subscribers, but recent years have seen a rapid increase in adoption by corporations and the education sector. Companies are using it as a source of essential information as well as for corporate training, while educational institutions are increasingly turning to it as a resource for inquiry-based learning.
 
In 2024, paid subscriptions to Nikkei Online grew rapidly, increasing by around 100,000 to reach 1.01 million, a 13% gain over December 2023. Meanwhile, the number of paid subscriptions to Nikkei digital media overall, including services such as the "NIKKEI Prime" series, surpassed 1 million in December 2023 and reached 1.17 million as of December this year (2024).
 
Nikkei is the third-largest paid digital news media provider in the world:
Including the English-language media "Nikkei Asia" and the Financial Times (FT) which is part of the Nikkei Group, the total number of the Nikkei Group’s digital paid subscriptions is 3.7 million. This makes it the third-largest digital news media in the world, after the New York Times and Dow Jones, which publishes the Wall Street Journal.
 
About Nikkei
Nikkei Inc. is a world-renowned media brand for Asian news, respected for quality journalism and for being a trusted provider of business news and information. Founded as a market news provider in Japan in 1876, Nikkei has grown into one of the world’s largest media corporations, with 37 foreign editorial bureaus and approximately 1,500 journalists worldwide. Nikkei acquired the UK-based Financial Times in 2015.
 
 
Source: Nikkei Inc.  

http://mrem.bernama.com/viewsm.php?idm=50036

OPPO FIND X8 SERIES ELEVATES FLAGSHIP EXPERIENCES WITH UNMATCHED SERVICES AND TECHNOLOGY

SHENZHEN, China, Dec 16 (Bernama-BUSINESS WIRE) -- On Nov 21^st, OPPO announced the global launch of the latest generation of its flagship smartphones, the Find X8 Series. Featuring comprehensive upgrades in both hardware and imaging, the series also debut ColorOS 15 with its suite of advanced OPPO AI solutions.

This press release features multimedia. View the full release here:
 https://www.businesswire.com/news/home/20241215738873/en/

 

In certain countries where the Find X8 Series is launched, OPPO services offer a comprehensive suite of Premium Services to customers who purchase the device. These include not only a complimentary protection plan at the time of purchase, but also access to exclusive hotlines, exclusive engineers, premium loan phones, and an international warranty service valid worldwide^*.

^*For details on the specific service benefits available to customers purchasing in different countries, please visit the official OPPO Service Center website.

International Warranty Service and Unified Standards for Peace of Mind Across Borders

The OPPO Find X8 Series comes with an international warranty service covering 62 countries and regions. Through the warranty, users who encounter any issues with their phone within the coverage area can visit the nearest official OPPO service center to receive comprehensive support, including professional repairs, device maintenance and software updates.

OPPO services have trained over 12,000 highly skilled customer service representatives and engineers worldwide, ensuring exceptional service capabilities on a global scale. OPPO service centers around the world have adopted unified service standards to provide users with peace of mind and reliable service protection.

Brush Off Everyday Accidents with Worry-free Service

The indispensable role that smartphones play in everyday life means that even minor accidents like screen damage can cause major inconveniences. To ensure a worry-free experience, OPPO services provide free screen protection plan or extended warranty for Find X8 Series owners in markets like Indonesia, Vietnam, and Malaysia.

In select markets where the Find X8 Series is available, OPPO services offer exclusive services designed to enhance the user experience. These include exclusive hotlines, premium lanes at offline service centers with exclusive engineers, and premium loan phones during repairs. On top of this, OPPO services offer free send-in and pick-up repair services in select regions, ensuring the same professional standards as offline service centers. Users can also enjoy a range of thoughtful services, such as device cleaning and maintenance, during both OPPO Service Day and regular visits, for a seamless and worry-free experience. 

http://mrem.bernama.com/viewsm.php?idm=50032

NIKE Renews NFL Deal Through 2038

KUALA LUMPUR, Dec 12 (Bernama) -- NIKE Inc and the National Football League (NFL) have announced a landmark 10-year partnership extension, cementing their commitment to shaping the future of football and driving growth, innovation, and progress across the sport.

Building on 12 years of successful collaboration as the exclusive provider of uniforms and sideline apparel for all 32 NFL teams, Nike is poised to elevate its partnership to new heights, according to a statement.

As part of the renewed partnership, Nike will continue to innovate and provide high-performance products tailored to the evolving needs of NFL players, advancing a new era of excellence and inclusivity in the sport.

NIKE Inc President & Chief Executive Officer, Elliott Hill said this partnership aims to address the changing needs of NFL athletes and fans while fuelling the league's growth and development initiatives.

Meanwhile, NFL Commissioner Roger Goodell expressed excitement about the extended partnership, recognising Nike as a strategic ally in advancing football both domestically and internationally.

“In addition to their products and services for our clubs, players, or fans, Nike is a strategic partner who will help us grow football internationally, support youth football and make advances in player safety,” he said.

The renewed partnership focuses on key initiatives, including global expansion of the sport, player health and safety commitment through Nike's Sport Research Lab, football development programmes at grassroots through collegiate levels, and engaging fans through cutting-edge storytelling and marketing.

Nike and the NFL are committed to finding solutions for athletes who are currently playing the game while simultaneously building a safer, better sport for the next generation.

This renewed agreement demonstrates the strength and commitment of both organisations to work together to drive growth, innovation and fan engagement.

-- BERNAMA

LIVEFREELY ACQUIRES SOMPO HORIZON TO EXPAND AI-POWERED CAREGIVING

Acquisition will enable LiveFreely to expand its product suite with Sompo Horizon’s CareGo solution and drive expansion into the Asia-Pacific region

SAN JOSE, Calif., Dec 13 (Bernama-BUSINESS WIRE) -- LiveFreely Inc., a digital health technology company that empowers seniors and their caregivers to live more freely, connected, and independent lives, today announced the acquisition of Sompo Horizon, a premier caregiving benefits provider and subsidiary of global insurance provider, Sompo Holdings. The acquisition will allow LiveFreely to further scale and integrate its circle-of-care products, including its flagship BUDDY application with Sompo Horizon’s CareGo solution.

LiveFreely’s BUDDY application provides seniors with an AI-driven personal health assistant that provides real-time health monitoring, vitals and code blue alerts, geographic boundary monitoring, and the ability to predict and prevent future falls which is among the leading causes of death among seniors. Paired with Sompo Horizon’s CareGo solution, which provides a comprehensive digital platform, concierge support service, and partner network that enhances the decision-making process for caregivers, today’s acquisition will provide LiveFreely with the ability to expand its digital health technology capabilities to benefit health systems, insurance brokerages, nursing and senior homes, schools, public institutions, individuals, families, and the broader care ecosystem.

“With CareGo, we will be able to unify our digital health technology in BUDDY, creating a one-stop, unified, and AI-enabled care experience,” said Dr. Arthur Jue, CEO and Co-founder of LiveFreely. “We founded this company because of our late father who suffered from falls, and with today’s acquisition, we’re poised to expand our mandate for digital caregiving to service mental health in schools, expand our footprint around the globe, and continue to build our platform to help seniors and caretakers live more freely.”

The new acquisition of Sompo Horizon positions LiveFreely for market expansion, particularly in Japan, which boasts one of the world’s largest caregiving communities, as well as other geographies in the Asia-Pacific region. The acquisition will also allow LiveFreely to scale its technology to address the demand for mental health-related digital solutions in key market segments, which will benefit from its predictive AI technology.

“LiveFreely was founded with a mission to leverage AI and technology to transform the way families monitor seniors, today we are taking our dream to the next level,” said Daniel Jue, CTO and Co-founder of LiveFreely. “Today’s investment will provide us with the necessary means to scale our business and reach the full circle of caregiving, as we look to expand our product suite and our geographic footprint.”

The BUDDY application features mission-critical predictive health capabilities for seniors, enabling AI-driven real-time monitoring of deviations in an individual’s baseline wellness patterns through mass-market smart wearables, including Fitbit. Through this technology, BUDDY notifies caregivers and emergency services if a user’s heart rate rises above or drops below certain thresholds through code blue alerts, bolstering preventative care measures for high-risk users.

“LiveFreely is a proven player in the digital health technology industry, and we could not be more proud to partner with them for this acquisition, said Tetsuya Morito, CEO of Sompo Horizon. “CareGo was designed to streamline caregiving and with LiveFreely’s BUDDY application, the product suite will further elevate the digital health experience for seniors, caregivers, and the healthcare industry ecosystem.” 

http://mrem.bernama.com/viewsm.php?idm=50010

2024 Beijing Forum to Explore People-Centered Urban Governance, Public Complaint Solutions

 

_{The 2024 Beijing Forum on "Swift Response to Public Complaints"}

KUALA LUMPUR, Dec 13 (Bernama) -- The 2024 Beijing Forum on "Swift Response to Public Complaints" will be held at the National Convention Center in Beijing on Dec 18 to 19, with the theme "Modernizing for People-Centered Urban Governance".

Co-hosted by the Chinese Academy of Social Sciences, China Media Group, the CPC Beijing Municipal Committee, and the People's Government of Beijing Municipality, the forum serves as a platform for exchange and mutual learning.

The forum's permanent theme is "People's City, Better Future", which aims to facilitate global exchange on urban governance, featuring experts, officials, and grassroots representatives discussing governance modernisation.

This year’s forum will showcase the achievements of the "Swift Response to Public Complaints" reform and offer a "Chinese Solution" for the governance of megacities worldwide, according to a statement.

It comprises an opening ceremony, main sessions, six parallel forums, and a closing ceremony. Additional activities include screenings of a documentary film on the "Swift Response to Public Complaints", immersive experiences at the "12345" hotline centre, city tours, and supporting exhibitions.

Participants are expected to attend, including senior officials from the United Nations, APEC, and UCLG, heads of international cities such as Athens, Madrid, and Gaziantep, scholars from prestigious institutions like Harvard, MIT, and the African Policy Research Institute, and approximately 10 countries' envoys to China.

In total, over 160 international guests from 40 countries will attend, along with representatives from central government departments and more than 20 domestic cities.

During the forum, several publications will be launched, including the Chinese and English versions of Research Achievements of the Beijing "Swift Response to Public Complaints" Reform; a collection of successful urban governance case studies; and a global report on city hotline services. A documentary film, "Your Voice", will also be screened, showcasing Beijing's reform efforts.

The forum will conclude with the release of the "Beijing Declaration 2024 on the Modernization of Urban Governance", encapsulating insights and wisdom gathered during the two-day event.

An online news centre will also be established to provide bilingual (Chinese and English) reporting services to over a thousand journalists attending the event.

-- BERNAMA

FIVE CHARTS THAT DEFINE THE ENERGY TRANSITION

China continues to lead in energy transition with low carbon power

LONDON and HOUSTON and SINGAPORE, Dec 13 (Bernama-GLOBE NEWSWIRE) -- As the energy landscape rapidly transforms due to decarbonization, electrification, and geopolitical shifts, Wood Mackenzie has released five compelling charts that highlight key trends shaping the sector in the latest Horizons report.

These charts in the report titled ‘Conversation Starters: Five Energy Charts to Get You Talking’ provide valuable insights into the dynamics of energy markets, encompassing everything from the power systems of major economies to the growing adoption of electric vehicles.

“Between the power markets of the U.S. and China, the curious case of the North Sea transition, the towering ambition of CCS and the electrifying rise of EVs, these charts track the wonders of the energy transition in 2025 and beyond,” said author Malcolm Forbes-Cable, Vice President, Upstream and Carbon Management Consulting at Wood Mackenzie.

In the Horizons report ‘Top of the Charts: Five Energy Charts to Make You Think’, each chart was evaluated based on its ‘Wow Factor,’ conversational appeal, industry signpost and dissonance, offers a new lens on the energy transition.

Chinese transport: truly electrifying

China continues to lead the energy transition, in a pathway to source 50% of its power from low-carbon energy including hydro, solar, wind, nuclear, and energy storage by 2028, according to Wood Mackenzie. The report also projects that solar and wind capacity will exceed coal-fired power generation by 2037.

“Never has the world witnessed the pace of growth or transformation of an energy system that China is currently achieving,” said Forbes-Cable. “By 2025, China's installed solar and wind capacity will exceed that of both Europe and North America.”

China’s transport sector is also undergoing a significant transformation. By 2034, battery electric vehicles (BEVs) will dominate passenger vehicle sales, reaching a 66% market share. Combining BEVs and hybrids, EVs will constitute 89% of total sales, according to Wood Mackenzie.

“BEVs are projected to grow by 8% annually through 2030, while sales of internal combustion engine (ICE) vehicles are expected to decline by 11% each year,” said Forbes-Cable. “Wherever you are, Chinese EVs are coming your way.”

U.S. power: data’s growing power habit

Meanwhile in the United States, power demand is also set to grow steadily after years of stagnation, largely due to the Fourth Industrial Revolution and increasing electrification. Key areas driving this demand include data centres, clean technology manufacturing, and the production of renewable energy equipment.

“Power demand is expected to grow by up to 1.9% compound annual growth rate (CAGR) through 2034, highlighting the necessity of accelerating grid modernisation to maintain the U.S.'s competitive edge amid rising global competition, particularly from China,” said Forbes-Cable.

Carbon capture and storage: the ambitions of youth

Juxtaposing the Carbon capture and storage (CCS) capacity with LNG production creates an interesting illustration of the scale of the ambition for CCS. This chart is not drawing equivalence between the two industries but compares the growth of two large industrial systems handling gas in a cooled liquid state.

“Even in the delayed energy transition scenario, CCS capacity is expected to be three times greater than LNG supply volumes by 2050, while in the base case, it will be four times greater. This will require impressive growth rates!” said Forbes-Cable.

North Sea energy: the tortoise and the hare

The North Sea, once a significant source of oil and gas, was at the vanguard of the offshore wind sector. This chart plots oil and gas against offshore wind by quantifying the cumulative final energy output. Currently, the offshore wind capacity stands at 36 gigawatts (GW) and is projected to exceed 240 GW by 2050. Even so it will be past the end of the century before offshore winds cumulative energy output surpasses oil and gas.

Forbes-Cable said, “Having spent a number of years on rigs in the North Sea and experienced the awesome nature of the weather I was always curious as to the energy output from above and below the sea.”

North Sea cumulative final energy output of oil and gas versus offshore wind

Note: Beyond 2050, for the purposes of finding the intersection, it has been assumed that offshore wind power output grows by 2% annually.

For further information please contact:

Mark Thomton

+1 630 881 6885

Mark.thomton@woodmac.com

Hla Myat Mon
+65 8533 8860

hla.myatmon@woodmac.com

The Big Partnership (UK PR agency)

woodmac@bigpartnership.co.uk

About Wood Mackenzie
Wood Mackenzie is the global insight business for renewables, energy and natural resources. Driven by data. Powered by people. In the middle of an energy revolution, businesses and governments need reliable and actionable insight to lead the transition to a sustainable future. That’s why we cover the entire supply chain with unparalleled breadth and depth, backed by over 50 years’ experience in natural resources. Today, our team of over 2,000 experts operate across 30 global locations, inspiring customers’ decisions through real-time analytics, consultancy, events and thought leadership. Together, we deliver the insight they need to separate risk from opportunity and make bold decisions when it matters most. For more information, visit woodmac.com.

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SOURCE: Wood Mackenzie

--BERNAMA

LIVEFREELY ACQUIRES SOMPO HORIZON TO EXPAND AI-POWERED CAREGIVING

Acquisition will enable LiveFreely to expand its product suite with Sompo Horizon’s CareGo solution and drive expansion into the Asia-Pacific region

SAN JOSE, Calif., Dec 13 (Bernama-BUSINESS WIRE) -- LiveFreely Inc., a digital health technology company that empowers seniors and their caregivers to live more freely, connected, and independent lives, today announced the acquisition of Sompo Horizon, a premier caregiving benefits provider and subsidiary of global insurance provider, Sompo Holdings. The acquisition will allow LiveFreely to further scale and integrate its circle-of-care products, including its flagship BUDDY application with Sompo Horizon’s CareGo solution.

LiveFreely’s BUDDY application provides seniors with an AI-driven personal health assistant that provides real-time health monitoring, vitals and code blue alerts, geographic boundary monitoring, and the ability to predict and prevent future falls which is among the leading causes of death among seniors. Paired with Sompo Horizon’s CareGo solution, which provides a comprehensive digital platform, concierge support service, and partner network that enhances the decision-making process for caregivers, today’s acquisition will provide LiveFreely with the ability to expand its digital health technology capabilities to benefit health systems, insurance brokerages, nursing and senior homes, schools, public institutions, individuals, families, and the broader care ecosystem.

“With CareGo, we will be able to unify our digital health technology in BUDDY, creating a one-stop, unified, and AI-enabled care experience,” said Dr. Arthur Jue, CEO and Co-founder of LiveFreely. “We founded this company because of our late father who suffered from falls, and with today’s acquisition, we’re poised to expand our mandate for digital caregiving to service mental health in schools, expand our footprint around the globe, and continue to build our platform to help seniors and caretakers live more freely.” 

http://mrem.bernama.com/viewsm.php?idm=50010

Millennials, Gen Z to Drive Global Beauty Market Growth, Says Generational Report

KUALA LUMPUR, Dec 10 (Bernama) -- Millennials are expected to lead global beauty spending, contributing US$193 billion, followed closely by Gen Z at US$158 billion, as unveiled in NielsenIQ (NIQ)'s new report forecasting the future of the global beauty market over the next decade. (US$1=RM4.42)

In collaboration with World Data Lab and SPATE, the comprehensive generational report highlights generational shifts in beauty preferences, spending, and behaviours, with Millennials and Gen Z at the forefront of growth.

The overall beauty market is projected to reach US$1.1 trillion, with an additional US$700 billion in growth by 2034, driven in large part by Asia, which will account for US$310 billion, according to a statement.

NIQ Beauty, Vice President, Claire Marty emphasised the importance of understanding generational differences to navigate this rapidly evolving industry, while brands are encouraged to move beyond a “one size fits all” approach and use data to address the specific needs and values of each generation.

The study revealed that Millennials, born between 1977 and 1995, will dominate beauty market growth in the next decade, surpassing Gen X as the leading spenders by 2034, representing 24 per cent of spending globally. Their spending is focused on skin and hair care, with a preference for natural ingredients in their beauty routine.

Millennials are also significantly influenced by TikTok trends, with #makeupover30 and emerging topics like Beef Tallow usage gaining traction. In terms of beauty services, Millennials in Europe are expected to allocate 57 per cent of their budgets to beauty services by 2034. 

Meanwhile, Gen X, born between 1965 and 1980, will be the largest beauty spenders through 2034, with their spending set to increase by $150 billion. This generation is highly engaged across beauty categories, especially skincare, which will see the fastest growth at 4.9 per cent year over year (US$26.8 billion).

Gen X consumers tend to prioritise convenience, often shopping at one-stop locations, while also increasingly active on TikTok, with popular hashtags like #over40makeup.

The report underscores the importance of digital trends on platforms, revealing shifts in consumer behaviour and preferences. Both Millennials and Gen Z are placing greater emphasis on sustainability, with Millennials prioritising environmental impact and Gen Z seeking products that promote social equality.

NielsenIQ’s “Beauty Futures” report offers a detailed analysis of global beauty consumers, covering market projections, generational purchasing drivers, and emerging trends.

-- BERNAMA

PUTRA BUSINESS SCHOOL CELEBRATES GRADUATES AND HIGHLIGHTS HUMAN GOVERNANCE EXCELLENCE AT 2024 CONVOCATION

 

Putra Business School (PBS) Chancellor, His Highness the Crown Prince of Selangor, Tengku Amir Shah Ibni Sultan Sharafuddin Idris Shah Alhaj, at the 2024 PBS Convocation Ceremony

SERDANG, Dec 9 (Bernama) -- The Putra Business School (PBS) Convocation Ceremony, an annual, jubilant event commemorating the most significant milestone of every PBS student was successfully held on Sunday. 204 graduates from the MBA, Postgraduate Certificate in Business Administration, PhD, and MSc Programmes were conferred their degrees by the Chancellor, His Highness the Crown Prince of Selangor, Tengku Amir Shah Ibni Sultan Sharafuddin Idris Shah Alhaj at the Pusat Kebudayaan Dan Kesenian Sultan Salahuddin Abdul Aziz Shah, Universiti Putra Malaysia (UPM).

YM Dato’ Syed Haizam Hishamuddin Putra Jamalullail, Chairman of Yayasan Putra Business School Board of Directors, and Prof. Dr. Azmawani Abd Rahman, FASc, PBS President & Chief Executive Officer were among distinguished personalities present for the celebration.

His Highness Tengku Amir expressed his pride to PBS’ graduates. “Such an accolade is an acknowledgment of the entire Putra Business School community — from faculty members to students, and from industry partners to accomplished alumni.”

“This year, Putra Business School’s MBA programme was once again recognised as the best in the region by the QS Global MBA Rankings, placing 23rd in Asia. This achievement highlight our graduates’ diversity, employability, entrepreneurship, and thought leadership.” Mentioned Prof. Dr. Azmawani in her speech.

She further aspires that through PBS’ international The Association to Advance Collegiate Schools of Business and THE ALLIANCE ON BUSINESS EDUCATION AND SCHOLARSHIP FOR TOMORROW a 21st century organization-accredited, value-driven teachings supported by industry partnerships with Chartered Management Institute, UK; Institute of Marketing Malaysia; Malaysian Institute of Chartered Secretaries and Administrators; Financial Planning Association of Malaysia; Malaysian Institute of Human Resource Management; and the International Supply Chain Education Alliance Malaysia, graduates continue to innovate with industry demands while fostering a sustainable, inclusive, and ethical business environment.

A ceremonial highlight was the presentation of awards to outstanding graduates of the Class of 2024. The categories were President’s Award, Human Governance Award, Graduate-on-Time Award, Gold and Silver academic Awards, and the PBS Partners’ Awards.

“These experiences have not only enhanced our academic journey but also shaped our personal growth, providing us with different perspectives on life and invaluable lessons that we will carry on forward.” Suphasan Boonratana, the 2024 Graduates’ Representative, reflected as part of PBS’ community and former President of the Putra Student Association. “Let us strive to make a positive impact in our respective fields and communities.”

The ceremony also unveiled a new PBS logo by His Highness Tengku Amir. “It is a symbol of the growth, transformation, and excellence that defines this institution. This upgraded logo embraces not only our unique identity but also the strong partnership we espouse with UPM. I look forward to the many outstanding feats Putra Business School and its graduates will achieve in the years to come.”

SOURCE: Putra Business School (PBS)

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Ms Siti Badarny Hassan
Tel: 019-2194287
Email: badarny@putrabs.edu.my

--BERNAMA