AUTEL ENERGY ROLLS OUT EV CHARGING STATIONS IN SINGAPORE, AIMS SOUTHEAST ASIA EXPANSION

KUALA LUMPUR, April 14 (Bernama) -- Autel Energy, an electric vehicle (EV) charging products and services provider, announced it is rolling out EV charging stations in Singapore.

Currently, the stations in Hup Hin, the National University of Singapore and Gain City at Sungei Kadut Drive have completed installation, while the station in Gain City at Ang Mo Kio Industrial Park 2 will be unveiled soon.

“Our charging stations offer faster and more efficient charging for EV drivers while supporting APP, RFID Card, Credit Card, Mobile Payment. We look forward to further expanding our EV charging solutions in Singapore and beyond,” said director of Autel APAC and Australia of Autel Energy, Henry He.

In a statement, Autel Energy said the stations which featured its MaxiCharger DC Fast technology, will offer a faster and more efficient charging experience to Singaporean EV drivers.

Autel’s 60-240 kilowatt (kW) MaxiCharger DC Fast series can provide up to 265 kilometre (km) of range in just 10 minutes with a maximum 400A output current and charging speed can be improved by up to 30 per cent  with the boost mode.

The MaxiCharger DC Fast series also features a smart advertising and communication screen that can provide additional revenue streams for businesses, while also offering charging-related information such as State of Charge (SOC), cost and kilowatt-hour (kWh).

Meanwhile, Autel’s charging solutions are highly reliable and compatible with all vehicles of International Electrotechnical Commission (IEC) standards, and the company has been testing and evaluating new vehicles for interoperability to ensure a higher success rate for charging.

With the installation of its charging stations in Singapore, Autel Energy is helping to accelerate the adoption of EVs and reduce the carbon footprint of transportation.

Aiming to roll out more EV charging stations including in Singapore, Malaysia, Thailand and Indonesia, as well as expanding its charging infrastructure across Southeast Asia, Autel Energy is committed to making EV charging more accessible and convenient for drivers while contributing to a more sustainable future.

-- BERNAMA

THE HOMETOWN OF CHINESE WHITE TEA: FUDING'S SMALL LEAVES SPAWN A BIG INDUSTRY

FUDING, China, April 14, 2023 /Xinhua-AsiaNet/--
 

Recently, the First China White Tea Trade Convention and the 12th Fuding White Tea Festival, opened in Diantou Town of Fuding city, Fujian province. During this period of time, the Fuding Spring tea has begun to be picked for white tea production for the market, according to Fuding Convergence Media Center. As one of the most important core producing areas of white tea in China, the city of Fuding in Fujian province is best known as the hometown of white tea in the country.   In November 2022, the "Traditional tea processing techniques and their associated social practices in China" including Fuding white tea making techniques, were added to UNESCO's Representative List of the Intangible Cultural Heritage of Humanity. In recent years, the local government has seized the opportunity to create a national modern agricultural industrial park to promote the quality and efficiency of the whole industrial chain and facilitate rural revitalization, basing on its strengths in agricultural resources (Fuding white tea), location, ecology, branding, capital, culture, etc., and implementing measures including tech-driven agriculture, tax and fee reduction, financial support.   In 2022, about 305,000 mu (around 20,333 hectares) of the tea plantation area is available for tea-picking in Fuding, with a total output of 31,000 tons of tea, including 23,000 tons of white tea. The total output value of the city's tea industry is 13.891 billion yuan.   Over the years, Fuding has firmly taken tea industry as the pillar to advance poverty alleviation and rural revitalization. Centering on the coordinated development of "tea of high quality, tea of science and technology, tea of premium brand", Fuding has promoted the industry development in five aspects. By continuously improving the impact of Fuding white tea brand, the city has effectively helped 380,000 people in the tea industry increase their income and live a better life.   Fuding white tea industry is poised to redouble its efforts in developing international market, improve variety cultivation and brand value, expand the international impact of its white tea and sell more products with more competitive prices.   Source: Fuding Convergence Media Center  http://mrem.bernama.com/viewsm.php?idm=45885

HONG KONG’S TUGU INSURANCE CREDIT RATINGS AFFIRMED - AM BEST

KUALA LUMPUR, April 14 (Bernama) -- Global credit rating agency, AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Hong Kong’s Tugu Insurance Company Limited (TIC).

In a statement, AM Best said the outlook of these Credit Ratings (rating) is stable, reflecting TIC’s balance sheet strength, which AM Best assessed as strong, as well as its marginal operating performance, limited business profile and marginal enterprise risk management (ERM).

TIC’s strong balance sheet assessment is supported by its risk-adjusted capitalisation assessed at the strongest level, as measured by Best’s Capital Adequacy Ratio.

The company’s capital and surplus has been volatile over the past five years, due to the combined effect of unsteady operating results and revaluation gains or losses arising from its concentrated investment properties.

AM Best viewed TIC’s operating performance as marginal in which the company has reported solid premium growth since 2021; nonetheless, it continued to record an elevated level of expense ratio due to its small premium base.

The company’s investment return has been relatively stable, supported by a stream of rental income from its investment properties, coupled with dividends from listed bonds and common shares, as well as interest income from cash and deposits.

Annual revaluation of investment properties, on the other hand, adds uncertainty to TIC’s net profits or losses, with AM Best expecting TIC’s overall profitability to remain thin over the short to medium term.

United States-headquartered AM Best assessed TIC’s business profile as limited. The company remains a small player in Hong Kong’s highly competitive and fragmented general insurance market.

The rating agency also viewed TIC’s ERM as marginal with underwriting, strategic planning and reserving activities have historically been areas in which the company’s risk management capabilities do not match its profile.

-- BERNAMA

JUNIPER RESEARCH OPENS NOMINATIONS FOR FUTURE DIGITAL AWARDS FOR SMART CITIES & IOT INNOVATION 2023

BASINGSTOKE, England, April 13 (Bernama-BUSINESS WIRE) -- Juniper Research is pleased to announce that entries are now open for the Future Digital Awards for Smart Cities & IoT Innovation 2023.

Since 2008, the Future Digital Awards have been awarded to tech companies at the forefront of their respective fields: companies that deliver imaginative and innovative products or services that have the potential to disrupt their ecosystems and provide significant benefits to their target audience.

These awards aim to reward the most innovative vendors and solutions in the rapidly evolving smart cities & IoT markets, as a renewed focus on sustainability drives further developments in this dynamic industry. This year’s Smart Cities & IoT Innovation awards cover the following categories:

IoT Innovation

• Best IoT Security Platform (Platinum & Gold)
• Most Innovative Edge Computing Solution (Platinum & Gold)
• Best IoT Device Management Platform (Platinum & Gold)
• Smart Agriculture Solution Innovation (Platinum & Gold)
• eSIM Innovation of the Year (Platinum)
• Private Cellular Network Innovation (Platinum & Gold)

Sustainability & Smart City Innovation

• Best Smart Traffic Management Solution (Platinum & Gold)
• Best Smart Parking Solution (Platinum & Gold)
• Innovation in Smart Urban Lighting (Platinum & Gold)
• Urban Smart Grid Innovation (Platinum & Gold)
• Best MaaS Platform (Platinum & Gold)
• Best Urban EV Charging Solution (Platinum & Gold)
• Most Innovative Urban Sustainability Project (Platinum & Gold)
• Carbon Reduction Innovation of the Year (Platinum)

Judges’ Choice

While the rest of the awards focus on products and solutions, the Judges’ Choice awards focus on the organisations driving true innovation in global smart city deployment.

• Juniper Research Award for Urban Technology Leadership
• Juniper Research – Pathway to Net Zero Award

Entrants can apply for the awards here: https://www.juniperresearch.com/future-digital-awards/smart-cities-iot-innovation

Entries close on the 19^th May 2023, before being assessed by Juniper Research’s expert panel of analysts. The awards will be announced on the 21^st June 2023.

Juniper Research provides research and analytical services to the global hi-tech communications sector; providing consultancy, analyst reports and industry commentary.


View source version on businesswire.com: https://www.businesswire.com/news/home/20230412005574/en/

Contact

For further details contact Sam Smith, Press Relations.
T: +44(0)1256 830002
E: sam.smith@juniperresearch.com

Source : Juniper Research 

http://mrem.bernama.com/viewsm.php?idm=45882

ESCALENT BUYS C SPACE, HALL & PARTNERS FROM OMNICOM

KUALA LUMPUR, April 13 (Bernama) -- Top data analytics and advisory firm, Escalent has acquired C Space and Hall & Partners from Omnicom.

As leading partners to some of the world’s exceptional brands, Escalent, C Space and Hall & Partners have been helping companies innovate, improve and navigate disruption for years.

Now they are coming together to create a bigger, stronger and more capable partner to the world’s leading companies, combining deep industry expertise across brands, customers and products on a focused, global market insights platform to help clients find new sources of growth.

Together, the organisations have earned trusted partner status to the world’s leading brands across fast-growing industries including Automotive & Mobility, Consumer Goods & Retail, Financial Services, Health and Technology as well as Energy, Telecom and Travel & Tourism.

“This union is rooted in unparalleled expertise in what drives human beings, cultures and markets—an understanding that makes our team incredibly valuable partners and positions our clients for success in today's fast-paced, ever-changing business climate.

“Together, there is tremendous growth potential for our employees, clients and shareholders across the globe,” said Escalent Chief Executive Officer (CEO), Melissa Sauter in a statement.

Hall & Partners brings an excellent research and brand management franchise coupled with proprietary technology including an award-winning brand knowledge management platform to the union.

Meanwhile, C Space brings the market-leading solution for building communities and customer relationships, and Escalent brings a strong global platform with deep industry knowledge, and advanced capabilities in secondary research and analytics.

The combined organisation creates a powerful global presence with nearly 2,000 consultants, researchers, data scientists, technologists and operational experts in 20 countries.

C Space CEO, Jessica DeVlieger and Hall & Partners CEO, Tim Wragg will continue to lead their organisations as part of Sauter’s executive leadership team. Clients will continue to work with the same experienced teams, and there are no near-term plans to change company locations or merge brand identities.

-- BERNAMA

THE 8TH LINQING CHINA BEARING, SPARE PARTS AND SPECIAL EQUIPMENT EXHIBITION & BEARING INDUSTRY SUMMIT FORUM HELD IN LINQING

LINQING, China, April 13, 2023 /Xinhua-AsiaNet/--

From April 8 to 10, 2023, the 8th Linqing China Bearing, Spare Parts and Special Equipment Exhibition & Bearing Industry Summit Forum was held in Linqing city, Shandong Province. Themed "Leading Intelligent Manufacture, Driven by Innovation", the forum attracted delegates from China Bearing Industry Association and renowned enterprises of the bearing industry and experts from research institutes to discuss and explore the new development path for Chinese bearing industry, according to the News Office of the People's Government of Linqing.   Known as "joints of industry", bearing is a core part indispensable in machinery equipment, widely applied in every field of national economy. As one of the five bearing industrial cluster districts in China, the bearing industry cluster of Linqing boasts the most complete and vibrant bearing industrial chain in China. Over 1,000 registered individual businesses engaged in bearing production and sales locate here, with more than 100,000 practitioners, producing products of over 5,000 models under 11 categories including category 0-9 and non-standard bearing. The products are exported to countries and regions including Europe, Southeast Asia, the Middle East and Latin America.   Zhou Yu, the council director of China Bearing Industry Association, pointed out, with Linqing as the core, the bearing industry of Liaocheng has been keeping growing and developing rapidly with high quality, a batch of backbone bearing enterprises have grown quickly. The Linqing bearing exhibition has been keeping growing in both scale and influence, making a prominent contribution for China's bearing industry to be bigger and stronger.   At the forum, the first secondary node of identification and resolution for the Industrial Internet of domestic bearing industry was released, which will further promote the integrated development of bearing industry and information at a broader range, in greater depth and on a higher level.   The exhibition was attended by 628 enterprises, with an exhibition area of over 30,000 square meters. As the renowned main engine manufacturers and purchasing agents and clients from all corners of China gathered in Linqing, the exhibition became a comprehensive industrial event integrating finished product bearing exhibition, spare parts at upstream and downstream, numerically controlled machinery tools, industrial robots and bearing digitization.   Source: The News Office of the People's Government of Linqing    http://mrem.bernama.com/viewsm.php?idm=45875

All Fired Up: CYCE Convenes Global Energy Chemical Industry Players In Yulin

KUALA LUMPUR, April 12 (Bernama) -- The 17th Yulin International Coal and High-end Energy Chemical Industry Expo (CYCE) has attracted over 756 exhibitors, bringing latest achievements such as advanced equipment in international coal, energy chemical industry and cutting-edge technologies in intelligent mining.

Held in Yulin, a city in northwest China's Shaanxi Province from April 7 to 9, the CYCE was jointly organised by the CPC Yulin Municipal Committee, the People's Government of Yulin City, and the China Council for the Promotion of International Trade Shaanxi Sub-council.

Themed "High-end Leadership, Multi-layer Fusion, and Low-carbon Development", about 60 foreign guests were invited to the latest CYCE, in addition to more than 50 foreign exhibitors from over 10 countries including Germany and France participating in the expo.

According to the People's Government of Yulin City in a statement, a number of international business associations attended economic and trade negotiations in the expo, while a separate Korean pavilion was set up for the first time.

Korean exhibitors participated in the expo with tourism resources, direct-selling trade products, commercial and trade projects. The Korea Trade-Investment Promotion Agency and some Korean companies signed a number of cooperation agreements with representatives of the Yulin municipal government and enterprises during the expo.

The latest CYCE adopted the "green, intelligent, digital" concept and set up six exhibition areas for intelligent manufacturing; smart digitalisation; low carbon development; international green mining; high-end energy chemical machinery equipment; and comprehensive image, in a total exhibition area of 60,000 square metres.

Yulin municipal government deputy secretary-general, Hang Lei said 60 investment and cooperation projects were signed, including 29 contracts and 31 agreements, attracting investment of 61.567 billion yuan during the three-day event. (100 yuan=RM64.11)

In recent years, Yulin has been accelerating the integrated development of the "two chains (industrial chain and innovation chain)" driven by scientific and technological innovation, as well as facilitating the expansion, replenishment and reinforcement of the chains with high-quality projects.

-- BERNAMA