Hong Kong International Wine & Spirits Fair attracted over 8,200 trade buyers ACN Newswire

Hong Kong International Wine & Spirits Fair attracted over 8,200 trade buyers

- The three-day Fair concluded yesterday, attracting over 8,200 trade buyers from 61 countries and regions- 50 events and conferences held during the Fair helped facilitate trade and business networking- A lower duty rate for liquor, announced in the latest Policy Address, helps promote emerging Chinese baijiu to the international marketHONG KONG, Nov 10, 2024 - (ACN Newswire via SeaPRwire.com) - The 16th Hong Kong International Wine & Spirits Fair, organised by the Hong Kong Trade Development Council (HKTDC), concluded yesterday. The three-day Fair attracted over 8,200 trade buyers from 61 countries and regions. Yesterday’s public day attracted over 10,000 visitors aged 18 and above, who enjoyed fine alcoholic beverages from around the world and participated in master classes, tasting sessions, and seminars in the Wine Fiesta zone. This reflects the Fair’s important role as a trade and promotional platform.Sophia Chong, Deputy Executive Director of the HKTDC, said: “This year's Fair has attracted over 8,200 trade buyers. The number of buyers from some countries and regions increased, including ASEAN countries such as Indonesia, Thailand, Malaysia, the Philippines and Vietnam, as well as Japan, Taiwan, Mainland China and more. Global buyers are keen to come to Hong Kong to participate in the Wine and Spirits Fair, promoting Hong Kong as a regional trading hub for wines and spirits.”Ms Chong added: “The latest Policy Address announced a lower duty rate for liquor, which is expected to enhance the trade of high-end spirits. More than one quarter of exhibitors at the Fair brought spirits from around the world, including Chinese baijiu, whisky, vodka, brandy and more. We are glad to see that so many exhibitors and buyers interacted with each other, seizing the business opportunities brought about by the new policy.”Importers, wholesalers, retailers and e-commerce buyers who attended the Fair included: Awin Barratt Siegel Wine Agencies from the United Kingdom; Grupo Alpom Importaciones SL from Spain; Le Clos (MMI) from the United Arab Emirates; ASC Fine Wine (Shanghai) Ltd, Beijing WJ E-Commerce Co, Ltd. and Vinehoo (Chongqing) Co. Ltd. from Mainland China; Mercian Corporation from Japan; Thevincsr from Korea; Luen Heng F&B Sdn Bhd from Malaysia; Wine Creek Pte Ltd. from Singapore; Thai Beverage Distribution Co Ltd from Thailand; Phu & EM Group from Vietnam and more.Trading and marketing opportunities for spirits exhibitorsThis year’s Fair showcased a wide selection of Chinese baijiu from various regions, including Moutai and Zhenjiu from Guizhou, Fenjiu from Shanxi and “Zhongmao” from Sichuan. Exhibitors are capitalising on the Government's reduction in liquor duty to expand their business opportunities.Guizhou Jin Jiao Liquor Industry (Group) Co,. Ltd which specialises in high-end Chinese baijiu, reached a strategic agreement with Hong Kong distributor Wines up Shoppers Group. Guizhou Jin Jiao Liquor’s CEO Xu Xinzhou said that the anticipated collaboration amount is expected to reach at least RMB10 million in one year, helping the company expand its overseas market. Matthew Lun, CEO from Wines up Shoppers, said, “Chinese baijiu holds significant potential in the global Chinese market. We plan to capitalise on the Government’s recent reduction in liquor tax to tap into this market and promote Chinese baijiu, a traditional cultural product, throughout Southeast Asia and beyond.” Guizhou Jin Jiao also identified another Hong Kong buyer through the Fair, aiming to distribute its baijiu in Hong Kong. The two parties will negotiate a first-year business agreement valued at around RMB2 million.Irish whiskey exhibitor Clonakilty Distillery Ltd made its first appearance at the Fair. Company founder Michael Scully said that they have identified about 30 potential buyers from around the world within a day and a half. “The slashing of liquor tax is excellent news, demonstrating to the world that Hong Kong is dedicated to establishing itself as a trading hub for premium wines and spirits in Asia,” he said.“We met a major buyer who distributes alcoholic beverages in both Hong Kong and Mainland China, and we expect him to place an initial order of around EUR100,000 in which some of the high-end whiskies will benefit from the new taxation and enjoy a lower tax rate while being imported to Hong Kong. We believe that the tax reduction has significantly increased the interest of buyers.” Mr Scully also estimated that he could secure orders worth approximately EUR1 million within a few years through the Fair.50 events were held during the Fair, with 12 of these related to spirits. At a seminar themed "A Review and Outlook of the HK Spirits Market (Taste Changes and Taxation)", speakers noted that Hong Kong's reduction of duty on high-end spirits has prompted many businesses in the industry to immediately lower their prices, which helps stimulate demand for spirits.The Fair also presented fine wines from Mainland China, including wines from Ningxia, Yantai in Shandong, Xinjiang and Yunnan, as well as yellow wine from Shaoxing. Chateau Xianghai, a wine exhibitor from Xinjiang, connected with potential buyers from the United States as well as Malaysia and Vietnam from the ASEAN Region. The company’s General Manager Guo Cong said, “The Fair is an international platform providing us with numerous opportunities to expand into overseas markets.”Diverse fine wines and spirits to meet buyer demandTo meet consumers' and buyers’ diverse preferences for alcoholic beverages, the Fair presented an extensive selection of global offerings. These included Old World wines from the Czech Republic, France, Germany and Italy, and New World wines from Australia, South Africa and the United States, as well as whiskey from Ireland. There were also dedicated buyers for sake, gin, plum wine and shochu from Japan, along with tequila from Mexico.Participating for the first time in the Wine and Spirits Fair, Czech exhibitor THAYA vinarstvi, spol. s r.o. engaged with around 50 buyers in just one day and a half, with over 10 showing potential for collaboration. THAYA's Chief Operating Officer, Ing. Vit Travnicek said, “The Sommeliers’ Picks is a great initiative. One of our white wines is featured on the list, and several buyers came specifically to source based on the list.”He also mentioned that the company has just started to explore the Asian market. They have successfully connected with potential buyers from Mainland China, Hong Kong, India, Malaysia, Japan, Singapore and Vietnam during their very first time at the Fair, "We participate in eight wine exhibitions each year, and this one stands out as the most international."Sambath Sothea, CEO of Auskhmer Import Export Co., Ltd, a buyer from Cambodia, stated that he has a fruitful experience at the Fair and has identified four potential suppliers. He plans to purchase products worth approximately US$50,000, including Japanese sake and wines from Italy and Georgia.Seminars explored consumer demands and sustainable developmentA seminar hosted by Master of Wine Debra Meiburg explored consumption trends and preferences among Gen Z and millennials, an emerging consumer group. Industry representatives speaking at the event noted that young adults have a strong preference for cocktails. The vibrant colours of cocktails are perfect for sharing on social media, allowing the industry to achieve significant promotional results.Lan Kwai Fong (LKF) Concepts crafted a special cocktail, HK & Suit, for yesterday's public day. Many visitors tried it, fostering a lively atmosphere.Sustainability has become a significant industry trend. At a seminar on promoting sustainable wine, a renowned sommelier and alcoholic beverage manufacturer emphasised that providing information on sustainable wine and spirits-making would enhance consumer confidence in the market.Under the EXHIBITION+ hybrid mode, buyers could use the Scan2Match function of the HKTDC Marketplace App to scan exhibitors’ unique QR codes during the physical exhibition. They could also bookmark favourite exhibitors, browse product information and continue discussions with exhibitors online after the show. Exhibitors and buyers can also engage in online business negotiations and matching through the Click2Match smart business matching platform until 16 November.Photo download: https://bit.ly/4fpgZ9GThe Hong Kong International Wine & Spirits Fair concluded yesterday. The three-day Fair attracted over 8,200 trade buyers from 61 countries and regions. Over 10,000 members of the public visited yesterday’s public day to enjoy fine wine and spirits from around the globeMore than 600 exhibitors from 20 countries and regions took part in this year’s FairThis year’s Fair exhibited Chinese fine wine and baijiu such as Guizhou Moutai and Zhenjiu, providing more choices for international buyers50 events and conferences took place during the Fair. Stef Yim (pictured), the first Hong Kong winemaker to establish a winery at the volcano in Sicily, Italy, shared his winemaking journey and invited attendees to taste his wine.Members of the public savoured the HK & Suit cocktail specially crafted for the Fair by Lan Kwai Fong (LKF) ConceptsPublic day, on the final day of the Fair, allowed members of the public to sample wines and spirits around the globe, including Japanese sake, at the Wine Fiesta ZoneWine Master Jennifer Docherty hosted a blind wine-tasting training session during the Fair. In another event, Nelson Chow, Billy Yeung and Ricky Tsui, three experts from different wine fields, discussed the career path of a sommelierThe Fair hosted several wine prize presentation ceremonies and competitions, including the Cathay Hong Kong International Wine and Spirit Competition 2024 Award Presentation CeremonyThe inaugural Sommeliers’ Picks engaged three renowned sommeliers to recommend their favourite wine and spirits lists to industry professionals and the public. Many of these exquisite wine and spirits selected by the sommeliers attracted visitors to taste and purchase themHKTDC Media Room: mediaroom.hktdc.comWebsiteHong Kong International Wine & Spirits Fair: https://www.hktdc.com/event/hkwinefair/enMedia enquiriesPlease contact the HKTDC’s Communications & Public Affairs Department:Kelly ShekTel: (852) 2584 4537Email: kelly.yt.shek@hktdc.orgSnowy ChanTel: (852) 2584 4525Email: snowy.sn.chan@hktdc.orgAbout HKTDC The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2024 ACN Newswire via SeaPRwire.com.
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Vibrant trade at Hong Kong International Wine & Spirits Fair ACN Newswire

Vibrant trade at Hong Kong International Wine & Spirits Fair

- The three-day Fair concluded yesterday, attracting some 8,200 trade buyers from 61 countries and regions- 50 events and conferences held during the Fair helped facilitate trade and business networking - A lower duty rate for liquor, announced in the latest Policy Address, helps promote emerging Chinese baijiu to the international marketHONG KONG, Nov 10, 2024 - (ACN Newswire via SeaPRwire.com) - The 16th Hong Kong International Wine & Spirits Fair, organised by the Hong Kong Trade Development Council (HKTDC), concluded yesterday. The three-day Fair attracted some 8,200 trade buyers from 61 countries and regions. Yesterday’s public day attracted some 10,000 visitors aged 18 and above, who enjoyed fine alcoholic beverages from around the world and participated in master classes, tasting sessions, and seminars in the Wine Fiesta zone. This reflects the Fair’s important role as a trade and promotional platform.Sophia Chong, Deputy Executive Director of the HKTDC, said: “This year's Fair has attracted more than 8,200 trade buyers. The number of buyers from some countries and regions increased, including ASEAN countries such as Indonesia, Thailand, Malaysia, the Philippines and Vietnam, as well as Japan, Taiwan, Mainland China and more. Global buyers are keen to come to Hong Kong to participate in the Wine and Spirits Fair, promoting Hong Kong as a regional trading hub for wines and spirits.”Ms Chong added: “The latest Policy Address announced a lower duty rate for liquor, which is expected to enhance the trade of high-end spirits. More than one quarter of exhibitors at the Fair brought spirits from around the world, including Chinese baijiu, whisky, vodka, brandy and more. We are glad to see that so many exhibitors and buyers interacted with each other, seizing the business opportunities brought about by the new policy.”Importers, wholesalers, retailers and e-commerce buyers who attended the Fair included: Awin Barratt Siegel Wine Agencies from the United Kingdom; Grupo Alpom Importaciones SL from Spain; Le Clos (MMI) from the United Arab Emirates; ASC Fine Wine (Shanghai) Ltd, Beijing WJ E-Commerce Co, Ltd. and Vinehoo (Chongqing) Co. Ltd. from Mainland China; Mercian Corporation from Japan; Thevincsr from Korea; Luen Heng F&B Sdn Bhd from Malaysia; Wine Creek Pte Ltd. from Singapore; Thai Beverage Distribution Co Ltd from Thailand; Phu & EM Group from Vietnam and more.Trading and marketing opportunities for spirits exhibitorsThis year’s Fair showcased a wide selection of Chinese baijiu from various regions, including Moutai and Zhenjiu from Guizhou, Fenjiu from Shanxi and “Zhongmao” from Sichuan. Exhibitors are capitalising on the Government's reduction in liquor duty to expand their business opportunities.Guizhou Jin Jiao Liquor Industry (Group) Co,. Ltd which specialises in high-end Chinese baijiu, reached a strategic agreement with Hong Kong distributor Wines up Shoppers Group. Guizhou Jin Jiao Liquor’s CEO Xu Xinzhou said that the anticipated collaboration amount is expected to reach at least RMB10 million in one year, helping the company expand its overseas market. Matthew Lun, CEO from Wines up Shoppers, said, “Chinese baijiu holds significant potential in the global Chinese market. We plan to capitalise on the Government’s recent reduction in liquor tax to tap into this market and promote Chinese baijiu, a traditional cultural product, throughout Southeast Asia and beyond.” Guizhou Jin Jiao also identified another Hong Kong buyer through the Fair, aiming to distribute its baijiu in Hong Kong. The two parties will negotiate a first-year business agreement valued at around RMB2 million.Irish whiskey exhibitor Clonakilty Distillery Ltd made its first appearance at the Fair. Company founder Michael Scully said that they have identified about 30 potential buyers from around the world within a day and a half. “The slashing of liquor tax is excellent news, demonstrating to the world that Hong Kong is dedicated to establishing itself as a trading hub for premium wines and spirits in Asia,” he said.“We met a major buyer who distributes alcoholic beverages in both Hong Kong and Mainland China, and we expect him to place an initial order of around EUR100,000 in which some of the high-end whiskies will benefit from the new taxation and enjoy a lower tax rate while being imported to Hong Kong. We believe that the tax reduction has significantly increased the interest of buyers.” Mr Scully also estimated that he could secure orders worth approximately EUR1 million within a few years through the Fair.50 events were held during the Fair, with 12 of these related to spirits. At a seminar themed "A Review and Outlook of the HK Spirits Market (Taste Changes and Taxation)", speakers noted that Hong Kong's reduction of duty on high-end spirits has prompted many businesses in the industry to immediately lower their prices, which helps stimulate demand for spirits.The Fair also presented fine wines from Mainland China, including wines from Ningxia, Yantai in Shandong, Xinjiang and Yunnan, as well as yellow wine from Shaoxing. Chateau Xianghai, a wine exhibitor from Xinjiang, connected with potential buyers from the United States as well as Malaysia and Vietnam from the ASEAN Region. The company’s General Manager Guo Cong said, “The Fair is an international platform providing us with numerous opportunities to expand into overseas markets.”Diverse fine wines and spirits to meet buyer demandTo meet consumers' and buyers’ diverse preferences for alcoholic beverages, the Fair presented an extensive selection of global offerings. These included Old World wines from the Czech Republic, France, Germany and Italy, and New World wines from Australia, South Africa and the United States, as well as whiskey from Ireland. There were also dedicated buyers for sake, gin, plum wine and shochu from Japan, along with tequila from Mexico.Participating for the first time in the Wine and Spirits Fair, Czech exhibitor THAYA vinarstvi, spol. s r.o. engaged with around 50 buyers in just one day and a half, with over 10 showing potential for collaboration. THAYA's Chief Operating Officer, Ing. Vit Travnicek said, “The Sommeliers’ Picks is a great initiative. One of our white wines is featured on the list, and several buyers came specifically to source based on the list.”He also mentioned that the company has just started to explore the Asian market. They have successfully connected with potential buyers from Mainland China, Hong Kong, India, Malaysia, Japan, Singapore and Vietnam during their very first time at the Fair, "We participate in eight wine exhibitions each year, and this one stands out as the most international."Sambath Sothea, CEO of Auskhmer Import Export Co., Ltd, a buyer from Cambodia, stated that he has a fruitful experience at the Fair and has identified four potential suppliers. He plans to purchase products worth approximately US$50,000, including Japanese sake and wines from Italy and Georgia.Seminars explored consumer demands and sustainable developmentA seminar hosted by Master of Wine Debra Meiburg explored consumption trends and preferences among Gen Z and millennials, an emerging consumer group. Industry representatives speaking at the event noted that young adults have a strong preference for cocktails. The vibrant colours of cocktails are perfect for sharing on social media, allowing the industry to achieve significant promotional results.Lan Kwai Fong (LKF) Concepts crafted a special cocktail, HK & Suit, for yesterday's public day. Many visitors tried it, fostering a lively atmosphere.Sustainability has become a significant industry trend. At a seminar on promoting sustainable wine, a renowned sommelier and alcoholic beverage manufacturer emphasised that providing information on sustainable wine and spirits-making would enhance consumer confidence in the market.Under the EXHIBITION+ hybrid mode, buyers could use the Scan2Match function of the HKTDC Marketplace App to scan exhibitors’ unique QR codes during the physical exhibition. They could also bookmark favourite exhibitors, browse product information and continue discussions with exhibitors online after the show. Exhibitors and buyers can also engage in online business negotiations and matching through the Click2Match smart business matching platform until 16 November.Photo download: https://bit.ly/4fpgZ9GThe Hong Kong International Wine & Spirits Fair concluded yesterday. The three-day Fair attracted some 8,200 trade buyers from 61 countries and regions. Some 10,000 members of the public visited yesterday’s public day to enjoy fine wine and spirits from around the globeMore than 600 exhibitors from 20 countries and regions took part in this year’s FairThis year’s Fair exhibited Chinese fine wine and baijiu such as Guizhou Moutai and Zhenjiu, providing more choices for international buyers50 events and conferences took place during the Fair. Stef Yim (pictured), the first Hong Kong winemaker to establish a winery at the volcano in Sicily, Italy, shared his winemaking journey and invited attendees to taste his wine.Members of the public savoured the HK & Suit cocktail specially crafted for the Fair by Lan Kwai Fong (LKF) ConceptsPublic day, on the final day of the Fair, allowed members of the public to sample wines and spirits around the globe, including Japanese sake, at the Wine Fiesta ZoneWine Master Jennifer Docherty hosted a blind wine-tasting training session during the Fair. In another event, Nelson Chow, Billy Yeung and Ricky Tsui, three experts from different wine fields, discussed the career path of a sommelierThe Fair hosted several wine prize presentation ceremonies and competitions, including the Cathay Hong Kong International Wine and Spirit Competition 2024 Award Presentation Ceremony The inaugural Sommeliers’ Picks engaged three renowned sommeliers to recommend their favourite wine and spirits lists to industry professionals and the public. Many of these exquisite wine and spirits selected by the sommeliers attracted visitors to taste and purchase themHKTDC Media Room: mediaroom.hktdc.comWebsiteHong Kong International Wine & Spirits Fair: https://www.hktdc.com/event/hkwinefair/enMedia enquiriesPlease contact the HKTDC’s Communications & Public Affairs Department:Kelly ShekTel: (852) 2584 4537Email: kelly.yt.shek@hktdc.orgSnowy ChanTel: (852) 2584 4525Email: snowy.sn.chan@hktdc.orgAbout HKTDC The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2024 ACN Newswire via SeaPRwire.com.
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COP29 Climate Change Conference Must Address Acute Challenges of Developing Countries Such as Bangladesh – Summit Power International Limited ACN Newswire

COP29 Climate Change Conference Must Address Acute Challenges of Developing Countries Such as Bangladesh – Summit Power International Limited

Dhaka, Bangladesh, Nov 9, 2024 - (ACN Newswire via SeaPRwire.com) - The U.N. Climate Change Conference next week needs to urgently address major gaps in funding and technology and adopt fresh approaches to meet the challenges of developing countries with vulnerable communities such as Bangladesh, Summit Power International Limited (“SPIL”), the country’s largest private sector power generation company, said today.Singapore-headquartered SPIL, the leading foreign direct investor in Bangladesh’s power sector, said it hoped the widely anticipated COP29 Climate Change Conference starting 11 November in Azerbaijan will lead to an actionable agenda that can balance global net zero targets with the needs of poorer countries seeking to eradicate poverty and create jobs on an accelerated scale.SPIL operates 18 power plants with a combined capacity of 2,255 MW or approximately 17% of the total installed private power generation capacity in the country of 173 million people. As a responsible company with a strong track record of providing energy and power to Bangladesh, SPIL is acutely aware of the international initiatives to de-carbonise.At COP21 in 2015, 196 countries signed the Paris Agreement with collective commitments to limit global warming. However, subsequent global financing initiatives have been deadlocked. Among the key initiatives of COP29 is a New Collective Quantified Goal to deliver substantive climate financing to regions that need it most.Beyond the pledges, global climate goals must also take into consideration challenges unique to each country, especially the lesser developed, said SPIL. Prior to COP29, SPIL had outlined its internal Climate Action Plan to support Bangladesh’s stated goal (declared at the COP26 in Glasgow in 2021) to achieve up to 40% of clean energy use in its power generation mix by 2041.“Both the national and SPIL’s own de-carbonisation targets have to be viewed against the backdrop of the pandemic and subsequent supply chain disruptions as well as the conflict in Ukraine which drove up prices of fossil fuels. Bangladesh, which has to contend with cyclones and flooding on a regular basis, has felt the impact of such disruptions more acutely than most other countries.“We hope COP29 – whose leaders have promised engagement, ambition, and action – will address decisively real-world issues from the perspective of developing nations and responsible corporates involved in the energy eco-system, such as SPIL. We look forward to holistic approaches that avoid a one-size-fits-all mindset,” SPIL said.SPIL’s Founder and Chairman, Mr Muhammed Aziz Khan, a Singapore citizen, said: “We hope COP29 adopts approaches fairly and equitably to address the social and economic impact, particularly for vulnerable communities and workers in fossil fuel industries in developing countries. A just energy transition must promote circular economy principles that benefit local populations to ensure resilience.Second, international organisations, governments, and corporations must provide funding and technology to support the energy transition. For developing countries such as Bangladesh, such approaches must combine development finance and foreign direct investments.Third, different regions will have different timelines to progress towards net zero. For the near term, Bangladesh’s power sector – which has been facing issues of imbalance of supply and demand and delays in payments – needs to reduce dependence on coal or heavy fuel oil and increase usage of natural gas which is less carbon-intensive, even as it pursues initiatives in renewable energy.”As part of its Climate Action Plan, SPIL has committed not to develop new fuel-fired power plants in Bangladesh. It will also reduce its Scope 1 and Scope 2 emissions by 10% by 2030 as compared to its 2021 baseline and plans to derive 40% of its energy generation portfolio from clean energy sources by 2040. SPIL has also formed a Sustainability Task Force under the leadership of the CEO.While recognising geographical limitations in Bangladesh for large-scale solar or wind farms, SPIL has outlined plans to invest or obtain international financial support for up to USD 3 billion in renewable energy projects in the country.About Summit Power International Limited (“SPIL”)SPIL is the largest Independent Power Producer (IPP) in Bangladesh, reflecting 17% of the country's total private installed capacity and 7% of the country’s total installed capacity. SPIL owns and operates a total of 18 power plants with a combined generation capacity of 2,255MW. It also operates Bangladesh’s second Floating Storage and Regasification Unit (FSRU) and LNG import terminal with daily regasification capacity of 500 million cubic feet.SPIL is a privately-held Singapore-registered company that is 78%-owned by the family of Mr Muhammed Aziz Khan. In 2016 SPIL acquired Bangladesh-registered Summit Corporation Ltd (SCL) in a transaction that was financed primarily by International Finance Corporation, the World Bank’s private sector arm. SCL holds various infrastructure assets in Bangladesh. In 2019, JERA Co., Inc., Japan’s largest power generation company, acquired a 22%-stake in SPIL and remains its second largest shareholder to date.Learn more at: www.summitpowerinternational.com Media ContactWeR1 Consultants Pte LtdWhatsApp (Text): (+65) 9748 0688Email: summit@wer1.net Copyright 2024 ACN Newswire via SeaPRwire.com.
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Military Metals Announces Appointment of Mark Saxon to Its Board of Directors ACN Newswire

Military Metals Announces Appointment of Mark Saxon to Its Board of Directors

Vancouver, British Columbia--(ACN Newswire via SeaPRwire.com - November 7, 2024) - Military Metals Corp. (CSE: MILI) (OTCQB: MILIF) (FSE: QN90) (the "Company" or "Military") is pleased to announce that Mark Saxon has been appointed to its Board of Directors (the "Board") as an independent director. Mr. Saxon's appointment increases the Board to a total of five seats.Scott Eldridge, Chief Executive Officer of the Company, commented, "On behalf of the board and our shareholders I am excited to welcome Mark Saxon to our board of directors. Mark has an extensive technical background in critical metals in combination with decades of capital markets experience in both Canada and Australia. He is a welcome addition to our team and will help deliver on our strategy of contributing to global antimony markets through the exploration and development of brownfields projects in multiple countries. He was the QP for the recent NI 43-101 report on the exciting Sunday Creek antimony-gold discovery of Southern Cross Gold (ASX: SXG) and Mawson Gold (TSXV: MAW)."Mr. Saxon has 30 years of experience in exploration and resource geology, with the past decade in CEO and leadership roles in Canadian and Australian public companies. After graduating from the University of Melbourne in 1991 with a First Class Bachelor of Science (Honours) in geology, he has worked globally with a particular focus on critical raw materials and their supply chains. He brings a very strong track record of discovery with T2 Metals Corp, Mawson Gold Ltd, Tasman Metals Ltd, and Tinka Resources Ltd across rare earth elements, lithium, base metals and gold.Military has granted Mark Saxon 200,000 common share stock options at $0.95 per share. The stock options, which vest immediately, are for a period of 5 years and are subject to a 4 month hold period pursuant to the rules of the CSE.Further UpdatesThe Company also reports that the bore hole EM geophysical survey on historical collars has been completed on its Manson Bay Project, interpretation of the results are underway and will be released at a later date.To help honour the immeasurable sacrifices our Veterans and their families made during times of need, the Company has made a corporate donation to the Digital Poppy Campaign managed by The Legion National Foundation. The Company encourages its followers to do the same in honour of our Veterans, more information is available by email at info@LNFCanada.ca or toll free at 1 (888) 596 - 0217.About Military Metals Corp. The Company is a British Columbia-based mineral exploration company that is primarily engaged in the acquisition, exploration and development of mineral properties with a focus on critical minerals such as copper and antimony, as well as gold.ON BEHALF OF THE BOARD of DIRECTORSFor more information, please contact:Scott EldridgeCEO and Directorscott@militarymetalscorp.comFor enquiries, please call 604-722-5381 or 604-537-7556This news release contains "forward-looking information". Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking information in this news release. Additional risk factors can also be found in the Company's public filings under the Company's SEDAR+ profile at www.sedarplus.ca. Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances, management's estimates or opinions should change, except as required by securities legislation. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.The Canadian Securities Exchange has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this news releaseTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/229155 Copyright 2024 ACN Newswire via SeaPRwire.com.
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ITC’s Final Decision Confirms Innoscience’s Customers Remain Unaffected by the Innoscience-EPC Patent Row

HONG KONG, Nov 8, 2024 - (ACN Newswire via SeaPRwire.com) - Innoscience Technology, a company founded to create a global energy ecosystem based on high-performance, low-cost, gallium-nitride-on-silicon (GaN-on-Si) power solutions, announced today that the U.S. International Trade Commission’s (“ITC”) November 7, 2024 final determination has confirmed the ability of Innoscience’s customers to import their products into U.S. remain unaffected by the ongoing patent dispute between Innoscience and Efficient Power Conversion Corporation (“EPC”).In May last year, EPC launched a lawsuit against Innoscience at the ITC, falsely alleging infringement of EPC’s ’508 and ’294 patents. Following an administrative law judge’s initial determination in the past July finding no infringement of claim 1 (the only asserted claim) of the ’508 patent, the latest ITC final determination once again affirmed no violation as to this patent—a huge success for Innoscience.The final determination, however, affirmed the part of the judge’s initial determination that found violation as to claims 2 and 3 the ’294 patent. The ITC hence has determined to issue a limited exclusion order prohibiting importation of certain accused Innoscience chips. Innoscience disagrees with and will appeal this ruling. This is at least because the ‘294 patent is invalid. Indeed, the U.S Patent and Trademark Office (“USPTO”) instituted an inter partes review (“IPR”) challenging all claims of the ’294 patent under four different grounds and has agreed with Innoscience’s invalidity arguments. The ’294 IPR decision will issue in March 2025.Innoscience also notes it is established U.S. law that the limited exclusion order does not prohibit Innoscience’s customers from importing end products that use the accused chips. Moreover, since the final decision clarified the meaning of the claim term “compensated GaN layer,” which is at the center of the dispute surrounding the ’294 patent, it has provided clear guidance for Innoscience to design around the ’294 patent by avoiding use of the “compensated GaN layer.” Innoscience already has the design around in place and will release the new products soon. Accordingly, the EPC litigation shall have no impact on Innoscience’s customers. Moreover, Innoscience will continue to solve the dispute with EPC through appeals in court and invalidity challenges at the USPTO, and is confident that it will achieve a final complete victory. Copyright 2024 ACN Newswire via SeaPRwire.com.
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Seamless Shopping for K-Culture Lovers: Bringko Expands Cross-Border Services with New Free Shipping Promotion ACN Newswire

Seamless Shopping for K-Culture Lovers: Bringko Expands Cross-Border Services with New Free Shipping Promotion

SEOUL, S.KOREA, Nov 9, 2024 - (ACN Newswire via SeaPRwire.com) - Bringko, Korea's signature cross-border e-commerce platform, provides a service where global consumers can quickly, conveniently, and economically purchase Korean products - just as its name suggests - 'Bring Korea'. Bringko has positioned itself as an integral shopping platform among overseas Koreans and foreigners who need diverse Korean products such as K-beauty, K-food, and K-pop.Through its patented and self-owned server system, Bringko allows its clients to add products from Approximately 200 Korean-renowned online shopping malls to virtual carts. Bringko's system then guides the products to be conveniently purchased through major global credit cards or PayPal. When all the ordered products arrive at Bringko's logistics center, they are packaged in bulk through global courier services such as FedEx and UPS for quick delivery overseas. Such a convenient process has positioned Bringko as Korea's cross-border e-commerce market leader for the last four years.While some Korean products can be purchased overseas from offline markets, group purchases, or online channels, it is difficult to encounter up-to-date products in time. Since it takes a long time for Korean products to enter overseas offline markets, they are likely to be outdated by the time they reach the sales aisles. On the other hand, Bringko is the only platform where real-time purchases of recent Korean products on OTT channels or K-pop content are available, thus proving its charm to many trend-sensitive consumers.Another advantage of Bringko is that it provides up-to-date products, steady sellers, and popular products scarce outside of Korea at a reasonable price. To enable such service, Bringko has been offering major products such as K-beauty products, health products, quilts, underwear, food, etc at cheap prices for foreign consumers by coalescing with diverse brands. In particular, Bringko enables clients to enjoy shopping without the burden of overseas shipping costs through their 'free overseas shipping' promotion.Bringko's differentiated service provides more accessibility to foreign consumers and plans to offer recent Korean trends accompanied by the global K-culture fad to more global clients in real-time.Media contactBringko Inc.Jiwon GoWebsite: https://Bringko.com/pc/ Copyright 2024 ACN Newswire via SeaPRwire.com.
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MANAMAURI, the High-Quality Energy Drink Brand, Joins EastBridge Global Investments for Major International Expansion ACN Newswire

MANAMAURI, the High-Quality Energy Drink Brand, Joins EastBridge Global Investments for Major International Expansion

BRUSSELS, BELGIUM, Nov 9, 2024 - (ACN Newswire via SeaPRwire.com) - MANAMAURI, the energy drink brand known for its commitment to high quality and smart pricing, has officially finalized an acquisition agreement with a subsidiary of EastBridge Global Investments. This strategic partnership empowers MANAMAURI to scale globally, remaining true to its founding values of exceptional product standards, accessibility, and support for emerging sports talent.MANAMAURI LOGO"MANAMAURI was established with a clear mission: to deliver premium energy products with an intelligent pricing model, making quality accessible without compromising our values," shared a spokesperson for MANAMAURI. "We've managed to grow steadily while maintaining lean operations, focusing on efficient structures that keep unnecessary costs low. The success we've achieved in just a few years has inspired us to embrace a larger, global vision."The transition of ownership has been completed, with the support of the original shareholders, who remain available to provide assistance to the new management as needed. This ensures a seamless continuation of MANAMAURI's operations and strategic direction. To drive this expansion, EastBridge has ambitious plans to establish three new production facilities in Africa, the Middle East, and Asia. These new facilities will boost MANAMAURI's production capacity while fostering community development and employment opportunities in regions with high growth potential, such as Africa. MANAMAURI has long invested in visibility across various sports, strengthening its presence beyond just motorsports.In addition to a GT3 endurance racing team that won last year's Middle East Endurance Championship (where the majority of ownership remains with South American stakeholders), MANAMAURI has steadily expanded its involvement to include football, mountaineering, volleyball, and motocross. By supporting skilled athletes in underrepresented or emerging sports, the brand remains committed to elevating sports that often receive limited sponsorship and recognition.As part of its growth strategy, MANAMAURI will soon launch a new product line that continues its dedication to natural and sustainable choices, aligned with EastBridge's commitment to responsible business practices. The upcoming products include:Vitamin Water: delivering a quick, healthy recharge using only the finest natural ingredients.Pre-workout Drink: formulated to support peak performance with a blend of natural and essential nutrients.Mineral Supplements: focused on hydration and recovery, derived from premium, natural mineral sources.High-Quality Fruit Juices: crafted with 100% natural ingredients, free from artificial additives or preservatives, providing a pure, energizing experience that embodies MANAMAURI's core values.About MANAMAURIFounded with a vision to bring high-quality energy products to market at a fair, accessible price, MANAMAURI has gained significant traction for its innovative, efficient approach to product quality and pricing. With EastBridge Global Investments on board, MANAMAURI is ready to expand internationally while staying true to its roots and dedication to supporting emerging athletic talent.About EastBridge Global InvestmentsEastBridge Global Investments focuses on supporting the sustainable growth of emerging brands across Asia, Africa, and the Middle East. By providing targeted resources and industry connections, EastBridge empowers brands like MANAMAURI to reach new heights while upholding their founding principles.Contact InformationAlistair VaughnMARKETING AND MEDIAmarketing@manamauri.com+13107421384SOURCE: MANAMAURI ENERGY Copyright 2024 ACN Newswire via SeaPRwire.com.
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The 32nd Hong Kong International Optical Fair attracts some 13,000 buyers

- Optical Fair attracted some 13,000 buyers from 94 countries and regions- Buyers enjoyed convenient procurement through three new thematic labels and 12 product zones- Winner of the 24th Hong Kong Eyewear Design Competition announcedHONG KONG, Nov 8, 2024 - (ACN Newswire via SeaPRwire.com) - The 32nd Hong Kong International Optical Fair, organised by the Hong Kong Trade Development Council (HKTDC) and co-organised by the Hong Kong Optical Manufacturers Association (HKOMA), came to a successful conclusion today, attracting some 13,000 buyers from 94 countries and regions.Sophia Chong, HKTDC Deputy Executive Director said: “We have been delighted to welcome international buyers to source new products at the Fair. Among them, buyers from ASEAN markets, including Indonesia, Singapore and Thailand; and buyers from Australia, Japan and Taiwan recorded an increase. This reinforces Hong Kong’s advantage in internalisation and the Fair’s continuing role as a premier sourcing platform for the industry.”Three New Thematic Labels Enhance ProcurementThis year’s Optical Fair featured 12 product zones showcasing a diverse variety of eyewear products, and added three thematic labels - Green Solutions Suppliers, Smart Eyewear and Smart Ageing Products. Through this classification, buyers could effortlessly locate products that reflect the latest industry trends and keep pace with consumer demand.The adoption of environmentally friendly, sustainable and recycled materials is a long-term trend in the industry. Hong Kong exhibitor Winky International provides biodegradable and bio-based eyewear and its founder and creative director Kevin Ching said that the Green Solutions Supplier label helped them to attract European buyers looking for eco-friendly products. He related that the number of buyers visiting their booth increased by 10% compared to last year and a new buyer from Malaysia had placed an onsite order. Moreover, he expected that the company can form partnerships with 8-10 new distributors after the fair and that sales generated by this year’s fair will grow by 50% over last year’s fair.With the rapid development of science and technology, eyewear integrated with smart and innovative features is becoming part of everyday life. Kenny Cheung, General Manager of Solos Technology from Hong Kong, said: “We are showcasing AirGo™ Vision, a smart eyewear featuring ChatGPT-4o functionality. This innovative product has drawn significant interest from international buyers, and we anticipate partnerships with over 10 buyers from Hong Kong, Italy, Japan, Korea, Mainland China, Malaysia, and the UK. AirGo™ Vision appeals not only to young users but also to elderly and visually impaired individuals, opening up new business opportunities in the silver market.”Arikan Saat, a large wholesaler and distributor from Türkiye is a regular fair attendee and the company’s owner, Mahmut Arikan, said: “This year, we discovered many new designs. We have already placed onsite orders totalling US$200,000 with 13 existing suppliers and seven new suppliers for optical frames, sunglasses, and clip-ons. After the fair, we plan to purchase an additional US$1 million worth of new products from other suppliers.”ONE ZERO ONE Trading is a distributor of branded eyewear and also markets its own brand in Vietnam. The company’s president, Cuong Timothy Tran, said that they confirmed orders with eight suppliers totalling US$195,000, primarily for acetate and titanium optical frames, eyewear cases, and cleaning cloths. He said the Click2Match platform facilitated efficient onsite deal-making and pre-event research. Additionally, he utilised the Scan2Match function in the HKTDC Marketplace App to initiate conversations with over 10 exhibitors via the messaging feature.“Be Bold” Design CompetitionTo elevate Hong Kong’s design capability, foster innovation, and promote local designers to international buyers, the HKTDC and HKOMA organised the 24th Hong Kong Eyewear Design Competition under the theme of Be Bold and announced the results during the Fair.The winner in the Open Group was the Ceramic Eyewear range by Lin Dianqun, designer at Arts Optical. Inspired by classic Chinese ceramic art, the design combines the elegance of blue-and-white porcelain with the warm and simple light green hue characteristic of Northern Song dynasty ceramic ware. It also won the Creativity Award and the Made-to-Sell Award. In the Student Group, Zhu Junbin from the Hong Kong Design Institute, won with ECHOL LIGHT, an eyewear product specially designed for the visually impaired. The eyewear features three ultrasonic-emitting devices, which use echolocation to detect obstacles and transmit information through bone conduction headphones. Users can adjust the intensity of ultrasound waves in different environments.Under the EXHIBITION+ hybrid model, exhibitors and buyers can meet online through the HKTDC Click2Match smart business matching platform until 15 November. Buyers can also scan exhibitor QR codes in the HKTDC Marketplace App to engage with exhibitors after the fair to continue their sourcing journey.Photo download: http://bit.ly/3AvqtRsThe 32nd Hong Kong International Optical Fair attracted some 13,000 buyers from 94 countries and regionsThe Brand Name Gallery showcased a curated selection of over 200 renowned brands from all corners of the globeThe exhibition included multiple pavilions representing Mainland China, Taiwan, Japan, Korea, the Visionaries of Style, and the Hong Kong Optical Manufacturers Association. This event provided valuable networking opportunities for buyers and suppliersUnder the theme “Myopia – From Control to Prevention, Where Are We Now?”, the 22nd Hong Kong International Optometric Symposium invited experts from Mainland China, Hong Kong, Australia, Germany to share the latest research. Dr Simon TANG, Director of Cluster Services, Hospital Authority delivered opening remarksThe 24th Hong Kong Eyewear Design Competition award ceremony was held to recognise outstanding designThe Fair introduced the "Green Booth Design Award" to commend exhibitors for reducing the environmental footprint of their exhibition booth. This year’s winners are: (Above) United Creation Optical (Gold), Obe (HK) (Silver) and Arts Optical (Bronze)Apart from numerous seminars and eyewear parades, the Asia Pacific Eye Health Summit (Hong Kong) and the Greater Bay Area Optometric Practice Development Forum were held for the first time to explore the latest trends and opportunities in eye health within the Greater Bay AreaWebsites:The 32nd Hong Kong International Optical Fair: https://www.hktdc.com/event/hkopticalfair/enResult of the 24th Hong Kong Eyewear Design Competition: https://tinyurl.com/354ezmjbThe 22nd Hong Kong International Optometric Symposium: https://tinyurl.com/38vskpkmThe HKTDC’s Media Room: http://mediaroom.hktdc.com/enMedia enquiriesPlease contact the HKTDC’s Communications and Public Affairs Department:Johnny TsuiTel: (852) 2584 4395johnny.cy.tsui@hktdc.orgSharon HaTel: (852) 2584 4575sharon.mt.ha@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2024 ACN Newswire via SeaPRwire.com.
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Dynasty Wins One Silver and One Bronze Medals at 2024 HKIWSC ACN Newswire

Dynasty Wins One Silver and One Bronze Medals at 2024 HKIWSC

HONG KONG, Nov 8, 2024 - (ACN Newswire via SeaPRwire.com) - Dynasty Fine Wines Group Limited (“Dynasty” or the “Group”) (Stock Code: 00828), a premier winemaker in China, is pleased to announce that its "Dynasty 5 Degree Anniversary Sparkling Wine" and "Dynasty Inherit Series - Semi Dry White Wine" have won the Silver Medal in the Sparkling Wine/China category and the Bronze Medal in the Medium/China category at the 2024 Cathay Hong Kong International Wine & Spirit Competition (“HKIWSC”). This is the 14th consecutive year that Dynasty products have won awards at the event. In addition, the award-winning "Dynasty 5 Degree Anniversary Sparkling Wine" and "Dynasty Inherit Series - Semi Dry White Wine" also won the Silver Medal in the Chinese Sweet Wine and Other Spirits category and the Grand Gold Medal in the Chinese Blended Dry White Wine category at the "2024 Fall FIWA, FIWA Bio & FISA".A sister competition of the world-renowned International Wine & Spirit Competition (“IWSC”), HKIWSC is the best-known premium wine and spirits competition in Asia, designed for the booming Asian market. The judging panel this year comprised 56 top industry experts, including wine masters, sommeliers, top international wine and spirits judges, leading figures in the food and beverage industry, etc. They selected the best from all the competing wine samples from 31 countries, presenting Asian consumers with the most authoritative guide to wines and spirits. In addition, the annual “FIWA, FIWA Bio & FISA” held in Paris, France, is the only international competition in France that is prefixed with “France” and open to wineries and wine merchants from all over the world. Experienced and renowned wine-tasting experts conduct the judging and evaluation, and the French Customs Administration supervises the competition, to ensure that it is rigorous and fair.Mr. Wan Shoupeng, Chairman of Dynasty, said, "The fact that ‘Dynasty 5 Degree Anniversary Sparkling Wine’ and ‘Dynasty Inherit Series - Semi Dry White Wine’ have won awards at two prestigious industry competitions strongly demonstrates the wine industry's recognition of the premium quality and craftsmanship of Dynasty wines. In the future, the Group will continue to improve winemaking technology and innovate marketing strategies to enhance Dynasty product quality and reputation, stimulate brand vitality, and promote unique and excellent Chinese wines on the world stage.”Below are the Dynasty products that won awards at the “2024 HKIWSC” and “2024 Fall FIWA, FIWA Bio & FISA”:About Dynasty Fine Wines Group LimitedDynasty Fine Wines Group Limited was listed on the Main Board of The Stock Exchange of Hong Kong Limited with the stock code 00828 on 26 January 2005. Founded in 1980, Dynasty is the premier grape winemaker in China. It is principally engaged in the production and sale of grape wine products under its reputable “Dynasty” brand. Dynasty is the first Sino-foreign joint venture wine company in China with Tianjin Food Group Limited and the French grape wine giant, Remy Cointreau, as its current major shareholders. The Group produces and sells more than 100 grape wine product series, and introduces imported wine products, providing high-quality and value-for-money grape wines to the full range of consumer groups in China.In recent years, Dynasty has won many industry and market awards, including:YearAwards2019- Dynasty Premier Royal Selection – Cabernet Sauvignon Reserve 2008 and Dynasty 5° Sparkling Wine won two Silver Awards at the “Belt & Road Wine & Spirits Awards”- Dynasty Wisemenship Collection – Modesta won the Commended Award at the “Decanter Asia Wine Awards”- Dynasty Merlot Series – Gold Label 2009, Dynasty Wisemenship Collection – Modesta 2010 and Dynasty 5° Sparkling Wine have won one Silver Award and two Bronze Awards at the “Cathay Pacific HKIWSC”- Four wines won Bronze Awards at the “HKGCWS Wine & Spirits Judging Awards”2020- Six wines won one Platinum Award, one Gold Award, two Silver Awards, one Bronze Award and one Seal of Approval at the “Wine.Luxe International Awards”- Dynasty X.O. 18 Years Old Brandy won the Grand Gold Award at the “2020 International Wine Grand Challenge”- Dynasty won a Silver Award and two Bronze Awards at “The Asian Cabernet Sauvignon Masters” and “The Asian Sparkling Wine Masters” hosted by The Drinks Business Asia- Dynasty garnered two Silver Awards and two Bronze Awards at the “2020 HKIWSC”2021- Dynasty won two Gold Awards, one Silver Award and two Bronze Awards at the “Wine.Luxe International Awards 2020”- Dynasty won three Silver Awards at “The Asian Cabernet Sauvignon Masters 2021”and “The DB Asia Summer Tasting 2021” hosted by the Drinks Business Asia- Dynasty Garnered Two Silver Awards at the “2021 HKIWSC”2022- Dynasty won two Silver Awards at “The Asian Cabernet Sauvignon Masters 2022” hosted by the Drinks Business Asia- “Dynasty Dry Red Wine – Seven-Year Reserve” won the Gold Medal at the “International Wine Grand Challenge (IWGC (China))”- Dynasty Garnered Two Bronze Awards at the “2022 HKIWSC”2023- Dynasty Garnered Two Bronze Awards at the 2023 IWSC for the first time- Dynasty won the Master Medal, Silver Medal and Bronze Medal at “The Asian Sparkling Masters 2023” and “The Asian Cabernet Sauvignon Masters 2023” hosted by the Drinks Business Asia- Dynasty won the Gold Medal at the “25th Spirits Selection by Concours Mondial de Bruxelles”- Dynasty won one Gold Medal and two Bronze Medals at the “2023 HKIWSC”2024- Dynasty won the Silver Medal and Bronze Medal at “The Asian Chardonnay Masters 2024” and “The Asian Cabernet Sauvignon Masters 2024” hosted by the Drinks Business Asia- Dynasty won one Gold Award and one Bronze Award at the 2024 IWSC- Dynasty won one Grand Gold and one Silver Medals at the "2024 Fall FIWA, FIWA Bio & FISA"- Dynasty won one Silver and one Bronze Medals at the "2024 HKIWSC" Copyright 2024 ACN Newswire via SeaPRwire.com.
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ArborChat Outperforms the Market by 750 Basis Points Over a Year

HONG KONG, Nov 8, 2024 - (ACN Newswire via SeaPRwire.com) - ArborChat ("Arbor" or "ArborChat"), an advanced AI chatbot designed to answer stock market questions, has demonstrated groundbreaking performance, generating 41.75% profit in the last year compared to a benchmark return of 34.25%. Powered by proprietary Large Language Model (LLM) enhanced system and a unique “ThoughtTree” deep research process, ArborChat is poised to revolutionise investment strategies for both retail and institutional investors.ArborChat leverages deep processing of financial databases and professional analysis techniques, allowing it to deliver more accurate and comprehensive investment analysis than general-purpose chatbots. It’s free to trial, with options to upgrade for additional question quotas and API connectivity for more advanced tasks such as portfolio monitoring.Proven Success Through Comprehensive Back-TestingThe performance of ArborChat is supported by a model portfolio in the last year using the index constituent stocks of Bloomberg 100 Index, which represents the top 100 leading U.S. companies. ArborChat's recommendations consistently outperformed the market:- Model Portfolio Setup: The backtesting used the Bloomberg 100 Index constituent stocks as a benchmark. ArborChat conducted a fundamental value investment analysis each week from October 2023 to September 2024. At the end of each week, the model issued buy, sell, or hold signals on each of the Bloomberg 100 constituent stocks. ArborChat adjusted the weights weekly based on the signals.- Model Portfolio Results: A portfolio adjusted according to ArborChat’s buy/sell/hold signals delivered an impressive 41.75% profit versus the benchmark return of 34.25%. This is equivalent to an excess return of 750bps.Shaping the Future of Investment: All investments will be AI-assisted“In ten years, it's impossible to imagine a world without AI as everyone's investment assistant. We are just at the beginning of what AI can achieve in investing,” said CHENG Ki Sum, CEO of Arbor, envisioning a future where AI seamlessly augments every investor's decision-making process. The tool combines decades of financial expertise with cutting-edge LLM technology, creating a powerful solution for both retail and institutional investors.“This is a new age of AI-driven investment. ArborChat’s unique deep reasoning capability has, for the first time in history, brought machine-driven decision-making from quantitative strategies to fundamental investing—an approach that historically could only be mastered by professional human investors like Warren Buffett.” said Jake Chan, President of Arbor. “We’re excited to partner with forward-thinking institutions, including asset managers, private banks, and family offices, to integrate this groundbreaking capability into their existing investment processes and systems.”Beyond its immediate capabilities, ArborChat is expanding its influence across the financial sector by collaborating with banks, funds, and research teams. The goal is to incorporate LLM-driven answerability into existing investment processes, including universe screening, portfolio monitoring, and robo-advisory services. ArborChat’s API allows these institutions to integrate its powerful, AI-driven insights directly into their workflows, empowering both advisors and customers with advanced financial analysis.As more institutions begin to embrace AI-driven processes, ArborChat is uniquely positioned to lead this transformation with its proven success and flexible integration options. The future of investing is here, and it’s powered by AI.About ArborChatEstablished six years ago by a team of professionals from fund management and data science backgrounds, Arbor has been providing AI analytics to major banks and financial institutions. The company specialises in leveraging AI to analyse financial reports, bank statements, and other critical documents. ArborChat’s latest innovation aims to bring LLM-driven stock analysis directly to investors’ fingertips, democratising access to high-level financial insights.For more information or to trial ArborChat’s capabilities, visit https://www.arborchat.ai/.Partnership Contact:Denise Chendenise.chen@arborchat.ai+852 3703 3745Press Contact:Puman Leungpuman.leung@arborchat.ai+852 3703 3745Press team:press@arborchat.ai Copyright 2024 ACN Newswire via SeaPRwire.com.
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Hong Kong Fashion Designers Association Celebrates 40th Anniversary ACN Newswire

Hong Kong Fashion Designers Association Celebrates 40th Anniversary

HONG KONG, Nov 8, 2024 - (ACN Newswire via SeaPRwire.com) - Organized by the Hong Kong Fashion Designers Association (HKFDA) and sponsored by Cultural and Creative Industries Development Agency, "VIRTUOSE: The Artistry of Couture" will take place on November 25th at The Henderson, a new iconic building in Central.As a cornerstone of the inaugural Hong Kong Fashion Fest, this ground-breaking couture fashion show aims to connect the fashion circles of Mainland China, Hong Kong, and the global community. It presents a rare opportunity to appreciate the exceptional craftsmanship of couture designers worldwide while positioning Hong Kong as a pivotal fashion hub and a cultural bridge between East and West, ultimately benefiting the local economy.A Tribute to Couture FashionCouture is an essential aspect of the dynamic fashion industry, embodying the core aspirations of designers—creativity, craftsmanship, and quality. These enduring values will be beautifully showcased at the event, reflecting the cultural backgrounds and artistic expressions of the designers. Chief Executive Mr. John Lee recently noted that "talent is the prime resource and driving force that boosts economic development and competitiveness," a sentiment that resonates deeply within the fashion community, where innovation drives new designs.Through "VIRTUOSE: The Artistry of Couture," the HKFDA aims to establish an international fashion exchange platform in Hong Kong. Four renowned international couture designers—Charles de Vilmorin from France, Mohamed Benchellal from the Netherlands, Cheney Chan from Mainland China, and Kay Kwok from Hong Kong—will share their insights and experiences within Hong Kong’s vibrant fashion landscape. They will highlight how the city’s advantages, including its status as a financial center, shipping hub, and innovation hotspot, create unique opportunities for growth and collaboration.With the total number of travelers in Hong Kong increasing by 64% year-on-year to 21 million in the first half of 2024, an anticipated 1.7 million participants are expected to attend the city’s mega events, contributing over HK$7.2 billion in spending, according to government data. “Hong Kong's domestic clothing exports also experienced a 28% growth in 2023 compared to 2022,” says Mr. Yeung. “We believe that events like VIRTUOSE are crucial in attracting global buyers and showcasing Hong Kong's unique position and talent on the world fashion stage. As we celebrate our 40th anniversary, we aim to reaffirm our presence in the industry and reimagine our future through haute couture, highlighting the exceptional talent of our designers and our city's strengths as a hub for creativity and finance.”The Intersection of Four Fashion Cultures“As an 'East-meets-West Centre for International Cultural Exchange,' Hong Kong plays a vital role in advancing the fashion design industry,” notes Mr. Yeung. The city's rich cultural environment allows local designers to draw inspiration from diverse influences, enhancing their creative output.The international designers will embody the cultural diversity that shapes their work, reflecting personal styles and the rich history of fashion. As Hong Kong positions itself as a talent hub, it showcases its appeal within the Guangdong-Hong Kong-Macao Greater Bay Area, a mega events capital, and a city known for its favorable tax regime and quality education and healthcare services.The HKFDA is committed to nurturing local talent by providing platforms for exposure and collaboration, empowering designers to thrive in a competitive landscape. "VIRTUOSE: The Artistry of Couture" will highlight the essence of fashion design through innovative forms and techniques, focusing on sustainable practices and intricate details. This event will inspire designers, couture clients, media, and industry professionals, fostering appreciation for the rich tapestry of fashion and culture.Couture Trunk ShowsAs part of its mission, the HKFDA actively promotes the uniqueness of Hong Kong fashion on the global stage. Following the fashion show, trunk shows will provide opportunities for deeper engagement between designers and both local and international clients, offering a one-of-a-kind couture ordering experience.The recent establishment of the CCIDA enhances support for local designers, aiding them in exploring opportunities beyond Hong Kong. With the CCIDA’s backing to facilitate cultural exchanges and collaborations with global designers, the HKFDA’s trunk shows will not only create a platform for exchanging fashion insights but also strengthen the appreciation of diversity in fashion. This initiative is crucial for expanding the reach of Hong Kong's fashion designers and enriching the global fashion landscape with our unique cultural narratives, thereby enhancing the visibility of Hong Kong's vibrant fashion scene.Couture Fashion Shows and Trunk Shows DetailsVIRTUOSE: The Artistry of Couture》Couture Fashion ShowFashion Shows DateNovember 25th, 2024(Monday)VenueThe Henderson, 2 Murray Road, Central, HKTime11:30am, 3:30pm, 7:00pmEntryBy Invitation Only(VIRTUOSE: The Artistry of Couture)Trunk ShowsTrunk Shows DateNovember 27th(Wednesday)&28th(Thursday),2024VenueFour Seasons Hotel, 8 Finance Street, Central, HKTime12:00pm to 7:00pmEntryBy Invitation OnlyWebsitewww.virtuose.com.hkSocial Media Platformshttps://www.facebook.com/virtuosehk https://www.instagram.com/virtuose.hk/VIRTUOSE : The Artistry of Couture is organised by Hong Kong Fashion Designers Association and sponsored by the Cultural and Creative Industries Development Agency as a programme of the Hong Kong Fashion Fest which is presented by the Government of the Hong Kong Special Administrative Region.Download photos and information here:https://drive.google.com/drive/folders/1o9Zo2Xu_6yexCqWpVjHZbpq7S0ONgA-p?usp=sharing For media enquiries, please contact:Strategic Public Relations LimitedAndico Tsui852-6902 3831andico.tsui@sprg.com.hkChloe Lai852-6748 6032chloe.lai@sprg.com.hkHong Kong Fashion Designers AssociationPierren Yip852-60187628pierren.hkfda@gmail.comJones Tam852-94787902jones.hkfda@gmail.comAbout Hong Kong Fashion Designers Association (HKFDA)The Hong Kong Fashion Designers Association (HKFDA) was founded in 1984 by a group of successful and enthusiastic local fashion designers. As a non-profit making and self-financed organization, it aims to unite fashion designers, with both professionalism and expertise, to develop and better both their careers and the industry with and beyond the territory.With supports from the industry and fellow designers in the past years, the Association has evolved to a key platform to share ideas and experiences through organizing fashion events such as catwalk shows, exhibitions, seminars, interviews and group discussions. Reputed not only as an official unit of Hong Kong fashion elites who provides excellent services with expertise, the HKFDA joins its force to promote the industry with other organizations and hence is recognized as one of the leading fashion institutions in Hong Kong, the Mainland and other cities in the Asia Pacific region.About Cultural and Creative Industries Development AgencyThe Cultural and Creative Industries Development Agency (CCIDA) established in June 2024, formerly known as Create Hong Kong (CreateHK), is a dedicated office set up by the Government of the Hong Kong Special Administrative Region (HKSAR Government) under the Culture, Sports and Tourism Bureau to provide one-stop services and support to the cultural and creative industries with a mission to foster a conducive environment in Hong Kong to facilitate the development of arts, culture and creative sectors as industries.. Its strategic foci are nurturing talent and facilitating start-ups, exploring markets, promoting cross-sectoral and cross-genre collaboration, promoting the development of arts, culture and creative sectors as industries under the industry-oriented principle, and promoting Hong Kong as Asia’s creative capital and fostering a creative atmosphere in the community to implement Hong Kong’s positioning as the East-meets-West centre for international cultural exchange under the National 14th Five-Year Plan.Event Production : A EVENT GROUPMake up Sponsor: MAC Hair Sponsor : IL COLPOSupporting Organizations (in no particular order):1. Hong Kong Trade Development Council2. Textile Council of Hong Kong3. The Chinese Manufacturers' Association of Hong Kong4. Hong Kong Garment Manufacturers Association5. Federation of Hong Kong Industries6. Knitwear Innovation & Design Society7. Hong Kong Apparel Society8. Consulate General of France in Hong Kong & Macau9. Office of the Hon Sunny TAN, Member of the Legislative Council10. Hong Kong Design Centre11. PMQ12. Clothing Industry Training Authority13. Hong Kong Designers Association14. Hong Kong Interior Design Association15. Hong Kong Fur Federation16. Fashion Farm Foundation17. The Hong Kong Polytechnic University School of Fashion & Textiles18. Technological and Higher Education Institute of Hong Kong19. Hong Kong Design Institute20. Caritas Bianchi College of Careers21. Hong Kong Institution of Textile and Apparel[1] https://www.news.gov.hk/chi/2024/07/20240731/20240731_145659_752.html[2] https://research.hktdc.com/en/article/MzEzOTM4MzY2Disclaimer: The Government of the Hong Kong Special Administrative Region provides funding support to the project only, and does not otherwise take part in the project. Any opinions, findings, conclusions or recommendations expressed in these materials/events (or by members of the project team) are those of the project organisers only and do not reflect the views of the Government of the Hong Kong Special Administrative Region, the Culture, Sports and Tourism Bureau, the Cultural and Creative Industries Development Agency, the CreateSmart Initiative Secretariat or the CreateSmart Initiative Vetting Committee. Copyright 2024 ACN Newswire via SeaPRwire.com.
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TRIO Launches 360 Botslab’s Smart Home Security Products in Malaysia, Introducing Advanced AI Solutions to Local Consumers ACN Newswire

TRIO Launches 360 Botslab’s Smart Home Security Products in Malaysia, Introducing Advanced AI Solutions to Local Consumers

KUALA LUMPUR, Nov 8, 2024 - (ACN Newswire via SeaPRwire.com) - TRIO Sales & Services Sdn. Bhd. (“TRIO”), a leading distributor of high-quality automotive and security products in Malaysia has officially launched the renowned Artificial Intelligence of Things (“AIoT”) brand 360 Botslab under 360 Smart Life Group in the Malaysian market.Mr. Yap Yi An, Executive Director of TRIO Sales & Services Sdn. Bhd.; Mr. Yap Kai Le, Executive Director of TRIO Sales & Services Sdn. Bhd.; YB Teressa Kok, Member of Parliament for Seputeh; Mr. David Yap Chong Huat, Managing Director of TRIO Sales & Services Sdn. Bhd.; Mr. Mars Ma, Senior, Vice President of 360 Botslab; Mr. Cao Jin, Director of Oversea of 360 Botslab [L-R]The launch showcased 360 Botslab’s latest innovations in smart home security, featuring Artificial Intelligence (“AI”) driven technology designed to enhance everyday security and convenience for Malaysian households. The extensive innovative range of smart home products, including indoor and outdoor cameras, dash cams, video doorbells and Kids’ watches will provide Malaysian consumers with reliable and intuitive security solutions that are easy to integrate into their homes for enhanced safety and convenience.Botslab's Security CamerasDavid Yap Chong Huat, Managing Director of TRIO Sales & Services said, “We’re thrilled to bring 360 Botslab’s AI-powered security products to Malaysia. Our mission is to empower households with intelligent, seamless security solutions. With advanced technology and our commitment to quality, we’re confident these products will bring new convenience and peace of mind. We look forward to seeing Malaysian consumers embrace this new era of smart home security.”Mars Ma, Senior Vice President of 360 Botslab, said, “Our products have been well received across Asia and we’re excited about the Malaysian market. Featured today is the C221 indoor camera, a 5MP high-definition device with dual-band WiFi and eight AI-powered functions, including cry detection, face recognition, pet detection, and area intrusion alerts. Priced at RM 329, it offers an accessible security solution for families.”For outdoor monitoring, TRIO introduced the W312 outdoor camera, which offers 360-degree rotational capabilities, 4MP resolution, and full-colour night vision, ensuring precise coverage in any lighting condition. With dual-band WiFi connectivity, IP66 water resistance, and noise reduction technology, the W312 is a durable and reliable choice for outdoor security, priced at RM339. Another highlight was the W302 outdoor camera, featuring dual wide-angle lenses for wider coverage, ideal for larger properties and available at RM449.Through this partnership, TRIO aims to redefine home security standards in Malaysia, making advanced smart technology accessible to a wider audience. The launch event not only introduces 360 Botslab’s products but also underscores TRIO’s commitment to leading the market with innovative solutions that address the evolving consumers’ evolving needs.Find out more about the TRIO at https://www.facebook.com/TrioAutoMalaysia/?locale=ms_MY.Hi-Res Images. Please download hi-res product images from this link.For media information, kindly contact:Triven Marketing Group, for TRIO Sales & Services Sdn. Bhd.Jazzmin WanEmail: j.wan@swanconsultancy.bizMandy TanEmail: m.tan@swanconsultancy.bizABOUT 360 Botslab360 Botslab, a global AIoT brand under the renowned 360 Smart Life Group, specialises in developing innovative and intelligent security products designed to enhance the safety and convenience of modern homes. Inheriting 360’s security DNA, 360 Botslab integrates cutting-edge AI technology into its extensive range of products, including indoor and outdoor cameras, car dash cameras, doorbell cameras, children's smart watches, WiFi routers, and robotic vacuums. With a mission to make advanced security accessible and user-friendly, 360 Botslab has established itself as a trusted choice for millions of households worldwide, empowering users to monitor and protect their homes with ease and confidence. Copyright 2024 ACN Newswire via SeaPRwire.com.
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The 16th Hong Kong International Wine & Spirits Fair kicks off today ACN Newswire

The 16th Hong Kong International Wine & Spirits Fair kicks off today

- Over 600 global exhibitors, with more than a quarter bringing spirits from around the world- Seminars on Hong Kong’s spirits market and taxation can help the industry capture new opportunities- Sommeliers’ Picks makes its debut, with special labels on selected wines for easy identification- The Wine Fiesta zone opens to public ticket holders on the last day of the FairHONG KONG, Nov 7, 2024 - (ACN Newswire via SeaPRwire.com) - The 16th Hong Kong International Wine & Spirits Fair, organised by the Hong Kong Trade Development Council (HKTDC), opens today and runs until 9 November at the Hong Kong Convention and Exhibition Centre.In recent years, consumers in the region have developed a more sophisticated appreciation for wine and spirits, boosting the development of the liquor trade. The latest Policy Address announced a lower duty rate for liquor, which is expected to enhance the trade of high-end spirits.More than 600 exhibitors from 20 countries and regions, including 17 pavilions, are taking part in this year’s Fair, representing Asia, Europe and the Americas in addition to Hong Kong and Mainland China, further promoting Hong Kong as a regional trading hub for wine and spirits.A diverse showcase for wines and spiritsOverseas exhibitors and Hong Kong agents are bringing a diverse collection of wine and spirits from some 40 countries and regions. These include emerging Chinese wines, sake and award-winning wines, while more than a quarter of exhibitors are showcasing spirits, including baijiu from Mainland China such as Guizhou Moutai, Xi Jiu and Zhenjiu, whisky from the Czech Republic, Japan, Ireland and Scotland, tequila from Mexico, gin and brandy from Japan and more.The Fair also features a Friends of Wine zone, which showcases gourmet foods that pair well with wine. Some exhibitors are also introducing their education and training services that promote the industry’s all-round development.The inaugural Sommeliers’ Picks has engaged renowned sommeliers Arnaud Bardary MS, Carlito Chiu and Reeze Choi, the first Chinese sommelier named second runner-up of ASI Best Sommelier of the World Contest 2023, to share their favourite wine and spirits list including red wine, white wine, sake, whisky and spirits, to serve as a guide for industry professionals and the public. The selected wines will have special labels affixed for easy identification. The three sommeliers picked the following wines:Red Wine- Anthony Thevenet Morgon Cuvee Vieilles Vignes; France (Vynluna Wines Limited; Booth no.: 3D-C13)- AOP Coteaux d'Aix en Provence Cocorico; France (Chateau Calissanne; Booth no.: 3D-C02)- Domaine de la Noblaie Pierre de Tuf; France (Vynluna Wines Limited; Booth no.: 3D-C13)- Reserve Range Sebastien's Cabernet Sauvignon; Australia (Amadio Wines; Booth no.: 3D-D02)- SELLATO; Italy (Az. Agr. Tenuta Viglione di Zullo Giovanni; Booth no.: 3E-C10) White Wine- Domaine Laureau Savennieres Les Genets; France (Vynluna Wines Limited; Booth no.: 3D-C13)- PINOT BLANC PREMIUM; Czech Republic (THAYA vinarstvi, spol. s r.o.; Booth no.: 3E-B02)- Tawse Quarry Road Chardonnay, Vinemount Ridge VQA; Canada (Vynluna Wines Limited; Booth no.: 3D-C13)- VELTLINSKE ZELENE PZNP; Czech Republic (THAYA vinarstvi, spol. s r.o.; Booth no.: 3E-B02)Sake- Harunomine Junmai Ginjo Gyokuei 55 Namazake; Japan (Tanaka Sake Brewery Co., Ltd.; Booth no.: 3D-A03A)- “Kohga Ninja” Unfiltered Pasteurized Junmai-Ginjo Sake 720ml; Japan (Equip Asia Limited; Booth no.: 3D-B09)- Ski Masamune; Japan (Musashino Shuzo Co., Ltd.; Booth no.: 3C-E06A)- The Ukishiro Sakitama Ancient Sake; Japan (Tanaka Sake Brewery Co., Ltd.; Booth no.: 3D-A03A) Whisky and spirits- UAIS; Ireland (Alarcon V. Limited; Booth no.: 3C-B23)- World Blended Whisky ASAKA Distillery & 4; Japan (SASANOKAWA SHUZO Co.,Ltd; Booth no.: 3C-E06B)Multiple events explore market trendsSome 50 events and conferences are being held during the Fair, with about one-fifth of these related to spirits. Renowned wine critic, wine writer and Chief Editor Lau Chi Sun discussed Hong Kong’s spirits market with industry experts at a seminar this afternoon organised by WineNow. They evaluated the latest market trends and outlook, including changes in taste preferences and the impact of the tax system.Another seminar, hosted by Master of Wine Debra Meiburg, featured renowned experts Vietnamese sommelier Le Hoang Khanh Vi, wine critic Cecilia Wong, wine and beer educator Belle Leung and Founder of Mai Sake Erika Haigh, who explored beverage consumption trends and preferences among Gen Z and millennials.The Fair also includes wine tasting sessions and seminars, along with conferences hosted by world-class Masters of Wine, sommeliers and industry professionals. These events are analysing trends in different regions and markets, while offering attendees a chance to sample fine wine and spirits from around the world.Stef Yim, the first person from Hong Kong to establish his own winery and vineyard at Europe’s highest active volcano, Mount Etna in Italy, is hosting wine tasting sessions and seminars for business buyers and the public throughout the three-day fair.There are several wine awards and competitions during the Fair. The Cathay Hong Kong International Wine and Spirit Competition 2024 Award Presentation Ceremony took place today, while the WineLuxe Hong Kong Top 10 Wine Pairing Restaurant Awards Presentation Ceremony 2024 will be held tomorrow. The Hong Kong International Mixology Showdown 2024 Hong Kong region semi-final, organised by the Hong Kong Bartenders Association under the theme of “Wine Kaleidoscope”, was also held today, while the debut “Final of China GBA region” will take place tomorrow.Public Day welcomes wine loversOn 9th November, the final day of the Fair, the Wine Fiesta zone will be open to ticket-holding members of the public aged 18 or above who can sample and buy wine and spirits, as well as participate in wine tasting sessions and special events. For instance, the Japan pavilion will offer sake for attendees to taste. In another session, speakers from the Asia Wine Service Education Centre will introduce participants to Italian natural wines.Master of Wine Debra Meiburg will host a tasting session on sparkling wines, while Hong Kong-born ‘Volcano Winemaker’ Stef Yim will share his unique wine-making journey.Lan Kwai Fong (LKF) Concepts has crafted a special cocktail, HK & Suit, for the Fair. This unique drink is available for purchase in the LKF Cocktail-Mixing Party inside the Wine Fiesta zone.Regular tickets, priced at HK$200, are available at the exhibition venue. Advance tickets, priced at $99, are available until 6pm on 8 November through: BOOKYAY, CTG, HK01, HKTVMall, HKGO, KKDay, KLOOK, PopTicket, Timable, Trip.com, Lan Kwai Fong Group, Winenow, Wai Shing Wine International CO., Ltd. and Zicket. Ticket buyers will receive a complimentary Lucaris crystal wine glass and discounts on Hong Kong Airline air tickets on a first-come, first-served basis.Website: https://www.hktdc.com/event/hkwinefair/enPhoto Download: https://bit.ly/4feFNANMore than 600 exhibitors are bringing a diverse collection of wines and spirits to the 16th Hong Kong International Wine & Spirits Fair, which opens today and runs until 9 November at the Hong Kong Convention and Exhibition Centre in Wan ChaiThe inaugural Sommeliers’ Picks has engaged renowned sommeliers (from left) Carlito Chiu, Arnaud Bardary MS and Reeze Choi, the first Chinese sommelier named second runner-up of ASI Best Sommelier of the World Contest 2023 to share their favourite wine listsA selection of wines chosen for Sommeliers’ PicksJennifer Docherty, the first ethnically Chinese and Mandarin-speaking Master of Wine, shared her expertise in a blind wine-tasting sessionThe Fair is hosting several wine prize presentation ceremonies and competitions during the Fair, including the Cathay Hong Kong International Wine and Spirit Competition 2024 Award Presentation CeremonyChinese baijiu brands, such as Guizhou Moutai, are available for tasting in the Wine Fiesta zone on the final day of the FairRenowned wine critic, wine writer and Chief Editor Lau Chi Sun, evaluated the latest spirits market trends and outlook with industry experts at a seminar organised by WineNow.HKTDC Media Room: mediaroom.hktdc.comMedia enquiriesPlease contact the HKTDC’s Communications & Public Affairs Department:Kelly ShekTel: (852) 2584 4525Email: kelly.yt.shek@hktdc.orgSnowy ChanTel: (852) 2584 4537Email: snowy.sn.chan@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2024 ACN Newswire via SeaPRwire.com.
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Three Ways AI Tools Can Help Drive Efficiencies for Small Businesses ACN Newswire

Three Ways AI Tools Can Help Drive Efficiencies for Small Businesses

SINGAPORE, Nov 7, 2024 - (ACN Newswire via SeaPRwire.com) - Almost everywhere you look today the use of Generative Artificial Intelligence (AI) is there. According to this year’s GoDaddy Global Entrepreneurship Survey, 94% of respondents reported that digitization has already noticeably improved the work processes in their small business. GoDaddy shares some ways that AI technology tools can help to drive increased efficiencies for small businesses. AI can be a powerful tool for small businesses, whether looking to: streamline your workflow through process automation; improve decision-making; gain a competitive advantage in your industry; provide a better customer experience; or create a beautiful professional business site easily and quickly.With its ability to automate tasks, analyze data and provide insights, AI has the potential to level the playing field. Now even smaller ventures can compete with larger companies.The applications of artificial intelligence will continue to evolve in the coming days, months and years as technology advances. But it’s important to approach it strategically and with careful thought beforehand. Here are three ways that AI could benefit your business.1. Automate time-consuming tasksBy automating repetitive and time-consuming tasks, small businesses can save time, reduce costs and increase productivity. This can lead to improved customer engagement, increased growth and better overall business performance. For example, you could use AI to automate business processes such as: data analytics, invoicing, and other administrative tasks you use in your business. It can also help reduce errors and improve the accuracy of data, leading to better decision-making.This, in turn, could help free you up to focus on your business development and driving increased customer relationships. AI can help businesses improve their customer service by automating interactions through chatbots and virtual assistants. These tools can help customers with common queries, such as product information and troubleshooting. In turn, this frees up customer service staff to deal with more complex issues. All of which can lead to shorter response times, higher customer satisfaction and increased loyalty. AI driven marketing tools, like GoDaddy Airo Digital Marketing, can help improve marketing efficiencies by automating recurring tasks like sending out email campaigns and sharing social media posts.2. Provide Better InsightsBy analyzing customer data, AI can offer insights into customer preferences and behavior, allowing businesses to tailor their emails and advertising. AI’s ability to analyze vast amounts of data is another key benefit for small businesses. It is easier to collect and analyze data from multiple sources, including social media, customer interactions and sales data, to help understand what your customers like and don’t like.For example, using AI in business can help improve operational efficiency by automating data analysis that once took hours of time. This can free you or your employees to focus on customer service or product development. Additionally, AI can help you identify potential areas for cost savings by analyzing data related to supply chain management, inventory control and production processes.3. Data-driven lead generation to reduce costsImagine training an AI tool with the traffic and behavior from your website, along with the lead data from your CRM (customer relationship management) tool and social media feeds.Such an AI tool can analyze all that data to get a better understanding of your target audience and their preferences and the messaging that can help take the actions you would like them to take. It will be able to learn and adapt with each website visitor, producing ever more effective messages to more efficiently turn a website visitor into a lead and potential customer. With the ability to learn from new inputs, such as adding in leads in your CRM, it can analyze historical data and put each lead into context, helping save costs on marketing plans.Introducing AI into your small business doesn’t have to be difficult. The key now is to educate yourself and your employees on the opportunities and the available applications of AI. Ensure that data is collected and used in a responsible and ethical manner, with appropriate security measures in place to protect sensitive data. Start small, then go from there.For more information on how GoDaddy can help your business, visit: GoDaddy's AI prompt library — the best AI prompts for small businessesAbout GoDaddyGoDaddy helps millions of entrepreneurs around the world start, grow and expand their businesses. People turn to GoDaddy to name their idea, create a professional Web site, attract customers, sell their products and services, and accept online payments. GoDaddy's easy-to-use tools help micro-entrepreneurs manage everything in one place, and its experts are available to provide 24/7 assistance. For more information about the company, visit www.GoDaddy.com.Issued on behalf of GoDaddy. For more information, contact:Fekra Communicationsinfo@fekracomms.com Copyright 2024 ACN Newswire via SeaPRwire.com.
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Selayang Mall Environment Week 2024 Unites Community for a Greener Future ACN Newswire

Selayang Mall Environment Week 2024 Unites Community for a Greener Future

SELANGOR, Malaysia, Nov 7, 2024 - (ACN Newswire via SeaPRwire.com) - Selayang Mall, owned by AmanahRaya Real Estate Investment Trust (REIT) and managed by Knight Frank Malaysia (“Knight Frank”), launches its inaugural Selayang Mall Environment Week 2024 as part of a bold initiative to champion environmental sustainability. The event gathered over 3,000 attendees, including families, local community groups, and eco-enthusiasts, all committed to celebrating and learning about environmental conservation.The week-long event offered interactive exhibits, live demonstrations, and educational workshops, making it a key platform for raising environmental awareness in the Selayang community. Highlights included sessions on local biodiversity, eco-friendly practices, and fun hands-on activities for all ages, which sparked meaningful discussions about safeguarding Selayang’s natural heritage.Selayang Mall donated RM16,000 worth of essential supplies to Pusat Pemulihan Dalam Komuniti in conjunction with Selayang Mall Environment Week.Supported by renowned local entities, such as the Majlis Perbandaran Selayang, Forest Research Institute Malaysia (“FRIM”), and 99 Wonderland Park, the Environment Week saw the involvement of schools, private organisations, and community advocates. Tunku Rozita Tunku Abdul Malek, Managing Director of AmanahRaya-Kenedix REIT Manager Sdn. Bhd. (“AKRM”), and other key figures, including Dato’ Dr Ismail Haji Parlan, Director General of FRIM, lent their presence and support, underscoring the event’s significance.Mohd Yusof Tawil, Chairman of Pusat Pemulihan Dalam Komuniti; Nazatul Syima, Head of Operation of AmanahRaya-Kenedix REIT Manager Sdn. Bhd.; Tunku Rozita, Managing Director of AmanahRaya-Kenedix REIT Manager Sdn. Bhd.; Yuen May Chee, Director of Knight Frank Malaysia; Benoit Cazin, Centre Manager of Selayang Mall; Hazwani Izzati, Marketing Manager of Selayang Mall [L-R]Benoit Cazin, Centre Manager of Selayang Mall, said, “Selayang Mall Environment Week represents our commitment to inspiring positive change. This gathering exemplifies what’s possible when our community comes together for a common cause. Our goal is not only to promote environmental protection but to also position Selayang as a must-visit location with vibrant attractions.”Beyond awareness, the initiative extended its impact through a substantial donation of RM16,000 in essential supplies to children at Pusat Pemulihan Dalam Komuniti Selayang, underlining Selayang Mall’s broader commitment to social and environmental sustainability.The success of Selayang Mall Environment Week marks a significant step for community-driven environmental action. The organisers aim to continue building momentum, creating a lasting legacy that encourages a deeper connection with nature and sustainable practices across Selayang.For media enquiries, please contact:Hazwani Izzati Khirrudin - Asst Marketing ManagerEmail: hazwani.khirrudin@my.knightfrank.comNoor Atiyya Binti MahmudEmail: nooratiyya@akrm.com.my Mandy TanEmail: m.tan@swanconsultancy.biz Copyright 2024 ACN Newswire via SeaPRwire.com.
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International Scam Losses Over US $1 Trillion in 12 Months as Scams Continue to Plague Consumers ACN Newswire

International Scam Losses Over US $1 Trillion in 12 Months as Scams Continue to Plague Consumers

THE HAGUE, NETHERLANDS, Nov 7, 2024 - (ACN Newswire via SeaPRwire.com) - The Global Anti-Scam Alliance (GASA), in partnership with Feedzai, has released its 2024 Global State of Scams report, revealing that scams have stolen another staggering US $1.03 trillion globally over the past year. The report, based on insights from 58,329 respondents across the world, highlights the vast losses to scam activity but also a growing disparity between scam survivors in different regions.Educational Campaigns See Varied Results Across the GlobeDespite ongoing awareness campaigns, scams remain a constant threat. Nearly half of global consumers are targeted by scammers at least once a week. The report sheds light on the stark disparities in scam trends across different regions. While countries like Brazil, Hong Kong, and South Korea see scams as an almost daily occurrence, other nations, such as Vietnam, Saudi Arabia, and China, report a marked decrease in scam activity."Very little has changed in the last 12 months, as the world's consumers bear the weight of another US $1.03 trillion stolen by scammers," says Jorij Abraham, Managing Director of GASA. "We must do more to combat these crimes, as they continue to erode trust in our systems and cause immense harm to individuals and economies."Developed Nations Lose Most per Capita, but Developing Nations Sustain Bigger Hit to GDPThe financial losses from scams remain staggering, with the hardest-hit regions being the U.S., Denmark, and Switzerland. Victims in these countries reported some of the highest per capita losses, with the average U.S. victim losing $3,520. Yet, in developing nations like Pakistan, the losses represent a far graver concern, with scams accounting for a jaw-dropping 4.2% of the country's GDP. Countries such as Kenya and South Africa follow closely behind, with losses equivalent to 3.6% and 3.4% of GDP, respectively.While developed nations may lose more in absolute dollar amounts, the report emphasizes that developing economies often suffer more profoundly in proportion to their overall economic output, highlighting a disparity that calls for targeted interventions.Trust in the Internet Largely Unaffected Despite Scams Causing Emotional TurmoilThe emotional impact of scams cannot be understated. In nations like Kenya, South Africa, and the Philippines, victims report feeling deeply vulnerable, fearful, and disillusioned. Yet, in regions like Japan and South Korea, while the financial damage is substantial, the emotional toll seems comparatively lighter. The report also finds that the internet itself is not losing trust worldwide, though developing nations saw a decline in trust in online services.The report highlights the urgent need for global cooperation, enhanced public awareness, and stronger financial recovery processes to combat the growing threat of scams. With only 4% of global scam victims able to recover their losses, the time for decisive action is now.For more information and to access the full Global State of Scams 2024 report, please visit https://www.gasa.org/research.Contact InformationSam RogersMarketing Director, Global Anti-Scam Alliancesam.rogers@gasa.orgAustin HyslipMedia Relations Manager - US, Feedzaiaustin.hyslip@feedzai.comSOURCE: Global Anti-Scam Alliance (GASA) Copyright 2024 ACN Newswire via SeaPRwire.com.
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AVIA’s Inaugural ‘Japan In View’ Highlights Japan’s Streaming Potential and The Future of Digital Entertainment ACN Newswire

AVIA’s Inaugural ‘Japan In View’ Highlights Japan’s Streaming Potential and The Future of Digital Entertainment

SINGAPORE, Nov 7, 2024 - (ACN Newswire via SeaPRwire.com) - The Asia Video Industry Association (AVIA) held its very first Japan focused industry event, Japan in View, on 29th October at the Andaz Tokyo, bringing together over 130 international and regional players from across the video and streaming industry.The conference opened and dove straight into the streaming potential of Japan, with Shinjiro Ninagawa, Executive Managing Director and Chief Operating Officer, TVer INC., sharing his ambitions of growing TVer to 3 times as large as it was now, with the business doubling over the next 2 – 3 years. Yu Sasamoto, CEO of Japan and Asia, DAZN, also said that Japan was still at the tipping point of the shift and transformation from traditional linear programming to digital services, and he expected more disruption from new players, with the landscape shifting significantly in the next 5 years.Sam Yousif, Vice President, AMPD Analytics (an MPA company), further expanded on the opportunities for Japan, opening his session describing Japan as “a lucrative, consistently growing multi-billion-dollar industry with a complex competitive landscape and unique customer behaviour.” In Asia (excluding China), Japan was the largest VOD market in terms of revenue with US$6B in 2024, almost two times bigger than the next biggest market, Australia. Revenue had also been growing near double digits every year in the past four years, with a CAGR of 17% from 2020 – 2024, an astounding number for a market this size. VOD consumers also had diverse options, both within and outside of the industry, with VOD only representing 6% of their free time. Japanese consumers also exhibited unique viewing behaviour not seen across other markets, including a distinct preference for local content. 78% of the total hours viewed on VOD in Japan was with Japanese content, with 93% of VOD users consuming Japanese content, and US content only at 16%. And interestingly, there was also a large, shared economy where the top titles, mostly anime, were shared across all the platforms. “With so much content shared across so many platforms, it feels more like a streaming cooperation in Japan than a streaming war,” added Louis Boswell, CEO, AVIA.However, beyond anime, panelists believed that Japan was only scratching the surface in terms of the international opportunity for the export of its content. “If the industry can turn and create content that can be appealing both for Japanese audiences and globally, it's enormous value and enormous opportunity,” said David Shin, Executive Producer, ICONIQUE PICTURES. What was key was to take the wonderful stories that were indigenous to Japan and elevate them with a high level of storytelling that could propel the industry and that content overseas, added Shin.And with the success that Korean content has had internationally, Sun Hong Min, Chief Content Officer, TVING, shared that the foremost reason behind TVING's impressive growth this year was their strategic partnership with leading content providers, that enabled them to offer a diverse arrangement of high-quality premium content that resonated deeply with their users. Min was also of the opinion that local content could resonate on a global scale by combining universal human elements with a narrative deeply rooted in local history, culture and sentiment.Partnerships was also key to growing the business for Buddy Marini, General Manager – Japan, Warner Bros. Discovery, across both linear and streaming, having recently announced a new partnership with U-Next to launch Max in Japan. For local giant J:COM, Kaz Sasajima, General Manager, Media Business Division, the digital domain too represented room for growth, particular in the space of professionally produced content. And wrapping up in the closing panel, for Alexandre Muller, Managing Director, APAC, TV5MONDE, AI was presenting new possibilities, notably in terms of providing greater access to content across multiple languages. “Definitely the place to be is in Asia Pacific, and this is really where the growth is and I can see growth both in linear and as well as on OTT,” added Muller.Japan in View is proudly sponsored by Lead Sponsor Cultural and Creative Industries Development Agency (CCIDA); Gold Sponsors Akamai, Magnite and Publica; Silver Sponsors INVIDI and TV5MONDE.Visit our media gallery for photos from event.About the Asia Video Industry AssociationThe Asia Video Industry Association (AVIA) is the trade association for the video industry and ecosystem in Asia Pacific. It serves to make the video industry stronger and healthier through promoting the common interests of its members. AVIA is the interlocutor for the industry with governments across the region, leads the fight against video piracy through its Coalition Against Piracy (CAP) and provides insight into the video industry through reports and conferences aimed to support a vibrant video industry.For media enquiries and additional background information, please contact:Charmaine KwanHead of Marketing and CommunicationsEmail: charmaine@avia.org | Website: www.avia.orgLinkedIn: www.linkedin.com/company/asiavideoia |Twitter: @AsiaVideoIADisclaimer: The Cultural and Creative Industries Development Agency of the Government of the Hong Kong Special Administrative Region provides funding support to the project only, and does not otherwise take part in the project. Any opinions, findings, conclusions or recommendations expressed in these materials/events (or by members of the project team) are those of the project organisers only and do not reflect the views of the Government of the Hong Kong Special Administrative Region, the Culture, Sports and Tourism Bureau, the Cultural and Creative Industries Development Agency, the CreateSmart Initiative Secretariat or the CreateSmart Initiative Vetting Committee. Copyright 2024 ACN Newswire via SeaPRwire.com.
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Interroyal Engineering PCL (SET: IROYAL) Posts Strong Showing on First Trading Day ACN Newswire

Interroyal Engineering PCL (SET: IROYAL) Posts Strong Showing on First Trading Day

BANGKOK, Nov 5, 2024 - (ACN Newswire via SeaPRwire.com) - Interroyal Engineering PCL (SET: IROYAL), a provider of engineering services and specialized products, staged an impressive debut on the Market for Alternative Investment (MAI) with positive reception from investors, setting its sights on leading the electric power solutions sector with a focus on innovative energy solutions for the future. The company is moving forward to expand its capabilities, ready to meet demand from multiple industries, and confident in its strong business foundation. IROYAL aims to grow its sustainable, environmentally friendly energy business to ensure continuous long-term growth.Mr. Panapat Mekasuwandumrong, Chief Executive Officer of Interroyal Engineering PCL (IROYAL), reported that IROYAL shares started trading on November 5, 2024, on the MAI in the services sector under the ticker symbol "IROYAL." With over 40 years of experience in the industry, the company has accumulated a wealth of knowledge, understanding, and diverse skills that meet customer needs, earning the trust of leading organizations in the country. This strong foundation is expected to make IROYAL an appealing new IPO to investors.The company plans to drive continuous growth by investing to enhance its competitive capabilities and meet service demand from various industries. It also sees opportunities to expand into technology projects, leveraging its expertise in the steps, processes, and products used in power generation to improve the current operational processes of power plants.Additionally, the company has recently expanded its customer base into more diverse industries to broaden its clientele, targeting sectors like oil refineries or petrochemical plants with combustion systems, and cement plants with flue gas management systems. It has also begun expanding its product offerings to include items used in uninterruptible power supply (UPS) systems, aimed at customers in hotels, large buildings, and hospitals—sectors that require backup power and energy systems.Ms. Prapapan Prapatpotipong, Director of Interroyal Engineering PCL (IROYAL), stated that the company plans to use funds raised from the IPO, after deducting related expenses, to grow the business and strengthen its position as a leader in innovative energy solutions. The objectives include: 1) using 280 million THB in 2024-2025 for bidding and guaranteeing performance for public sector, state enterprise, and private sector projects, which will enhance the company’s future business opportunities, and 2) allocating 78.21 million THB as working capital in 2024-2025. Additionally, IROYAL has set a dividend policy to pay shareholders at a rate of not less than 50% of net profit, after tax and reserve allocations, as stipulated by law and company regulations.The group has always emphasized research and development to maintain high product quality, sourcing from manufacturers with leading innovation and technology in production processes. These products, which meet international quality standards, come from globally recognized brands based in the United States, the United Kingdom, Germany, Switzerland, Italy, Australia, Japan, China, and Singapore, among others. As of the first half of 2024, the company’s backlog stands at 63.01 million THB, with revenue recognition expected at 28.11 million THB this year and the remainder recognized in the following year.As the lead underwriter, Ms Nalyne Viriyasathien, Managing Director of Investment Banking and Advisory at Maybank Securities (Thailand) PCL, stated that Inter Royal Engineering PCL (IROYAL) has over 40 years of experience and expertise in the industry. The company leverages its knowledge, understanding, and diverse skills set to effectively meet client needs, earning the trust of top organizations nationwide. This has resulted in a solid customer base in both the public and private sectors, domestically and internationally, within electric power and other industries. Notable clients include Hongsa Power Co., Ltd. (Hongsa Power Plant in Laos), the Electricity Generating Authority of Thailand (EGAT), TPI Polene PCL (TPIPL), and PTT Global Chemical PCL (PTTGC). IROYAL aims to maintain these customer relationships by offering maintenance and efficiency improvement services.Mr. Somsak Sirichainarumitr, CEO of Asset Pro Management Co., Ltd., as the financial advisor, noted that IROYAL is well-positioned for growth opportunities within the electrical energy and key industry sectors by providing specialized engineering products and services, while maintaining long-term relationships with clients. This positions IROYAL’s revenue growth to align with the revenue growth in the electric power sector. Additionally, the company has the potential to participate in bidding for projects in core and new sectors, supporting its long-term sustainability.Released by Public Relations Dept, MT Multimedia Co., Ltd for Interroyal Engineering PCL, or IROYALFor more information, please contact:Pipop Kongwong, T: +66 81-929-8864; E: pipop.k@mtmultimedia.com Interroyal Engineering PCLL [SET: IROYA, IROYA-R, IROYA/F] https://www.interroyalengineering.com/ Copyright 2024 ACN Newswire via SeaPRwire.com.
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SMC Entertainment Executes Acquisition Agreement to Acquire Boutique Investment Manager, Bateau Asset Management ACN Newswire

SMC Entertainment Executes Acquisition Agreement to Acquire Boutique Investment Manager, Bateau Asset Management

BOCA RATON, Fla., Nov 6, 2024 - (ACN Newswire via SeaPRwire.com) - SMC Entertainment, Inc. ("SMC" or the "Company") (OTC PINK: SMCE), a Fintech incubator company focused on acquisition and support of commercialized financial services and technology (Fintech) companies, is pleased to announce that it has executed an Acquisition Agreement to acquire a 100% interest in Australia-based Bateau Asset Management, a boutique investment manager (“Bateau”). The acquisition will provide SMC with an initial presence in the Southeast Asia Fintech market.Since 2016, Bateau has offered an absolute-return investment philosophy delivered by a multi-manager approach to investing. Services include investment research andeducation with the objective of providing clients with rigorously constructed absolute return portfolios that they can understand.As further detailed in the Company’s Current Report on Form 8-K filed with the SEC, under the terms of the executed Acquisition Agreement, SMC will acquire 100% of Bateau in exchange for the issuance of 14,000,000 shares of Series C Preferred Stock and $2,000,000 in convertible promissory notes.About Bateau Asset ManagementBateau Asset Management is a boutique investment manager founded in 2016 based in Australia with offices in Singapore. Bateau follows an absolute-return investment philosophy and a multi-manager approach to investing.To learn more, go to https://www.bateauam.com.au/.About SMC Entertainment, Inc.SMC is a versatile holding company focused on acquisition and support of proven commercialized financial services and technology (Fintech) companies. SMC's multi-discipline growth by acquisition approach is to enhance revenues and shareholder equity. For more information on SMC, visit www.smceinc.com.Press Release Contact:Erik BlumChief Executive OfficerSMC Entertainment, Inc.360-820-5973Safe Harbor StatementSome of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets, and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. The Company does not make any representation or warranty, express or implied, regarding the accuracy, completeness, or updated status of such forward-looking statements or information provided by any third-party. Therefore, in no case whatsoever will the Company and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or any related damages. Copyright 2024 ACN Newswire via SeaPRwire.com.
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Alpaca Network Invites AI Researchers, Engineers and Developers to Join its Brain Trust as Lab Mentors ACN Newswire

Alpaca Network Invites AI Researchers, Engineers and Developers to Join its Brain Trust as Lab Mentors

Road Town, BVI, Nov 6, 2024 - (ACN Newswire via SeaPRwire.com) - Alpaca Network, a decentralized AI research lab, is excited to extend an invitation to AI engineers, researchers, developers, founders, and key opinion leaders worldwide to become part of its “Mentor Lab”. Founded by seasoned AI and web3 industry visionaries, Alpaca Network is on a mission to create the decentralized task-layer of web3, enabling a collaborative environment where innovators can contribute, learn, and shape the future of artificial intelligence by understanding the real demand and use cases. Alpaca Network is putting out a call to action for individuals to sign up as “Lab Mentors” , a role which gives AI engineers and founders an insider-lens into early stage cutting-edge AI projects. You will join a growing Brain Trust of high-level thinkers and advisors. The Lab Mentors will engage with a community wanting to build a user owned, positive sum and general purpose evolution of AI, all the while maintaining the flexibility to participate at their own pace, working with projects that relate to them."Our vision is to build a hub where decentralized AI research and development is incentivized through task requests that are then coordinated by a multi-agent network of AI and AI-augmented humans." said Joaquim Miro, Co-Founder of Alpaca Network. "By inviting AI engineers and enthusiasts to join us as Lab Mentors and be part of our Brain Trust, we're charting a path to a new type of open and ethical advancement in AI which is network driven."What Does It Mean to Be a Lab Mentor?As a Lab Mentor you will:- Access: Early insights into Alpaca Network's stealth-mode AI projects and initiatives.- Engage: Connect with a global community of high-level thinkers, advisers, and engineers.- Contribute: Have a forum to share your ideas and expertise with ongoing projects.- Learn: Stay informed about the latest developments in decentralized AI research.Whether you're an experienced AI engineer or an enthusiastic hobbyist, your perspective is valuable in our collaborative effort to advance AI technology."By bringing together a diverse group of AI experts, visionary thinkers, and business leaders we aim to accelerate innovation and make AI more ethical and transparent." added Vaughn DiMarco, Co-Founder of Alpaca Network. "Lab Mentors play a crucial role in this mission by providing fresh insights and fostering collaboration and connectivity between thought leaders and reducing knowledge gaps."If you are passionate about AI and interested in collaboration then we invite you to join us as a Lab Mentor and become part of our Brain Trust of high level thinkers.About Alpaca NetworkAlpaca Network is a decentralized AI research lab offering a comprehensive suite of products and services for AI researchers and developers. These include access to computing resources, funding, token launch support, and a global braintrust dedicated to creating and scaling an AI-coordinated task layer across the web3 ecosystem.Media Contact:Alpaca Network x.com/alpacanetworkaicontact@alpacanetwork.ai Copyright 2024 ACN Newswire via SeaPRwire.com.
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32nd Hong Kong International Optical Fair Opens Today ACN Newswire

32nd Hong Kong International Optical Fair Opens Today

- Featuring over 200 renowned brands from around the globe at the Brand Name Gallery- New thematic labels for Elderly Products, Green Design and Smart Eyewear categories- Symposium explores myopia control and prevention- Award-winning and shortlisted designs of the 24th Hong Kong Eyewear Design Competition on displayHONG KONG, Nov 6, 2024 - (ACN Newswire via SeaPRwire.com) - The 32nd Hong Kong International Optical Fair, organised by the Hong Kong Trade Development Council (HKTDC) and co-organised by the Hong Kong Optical Manufacturers Association (HKOMA), brings together over 700 exhibitors from 17 countries and regions. Under the theme of “Seeing is Believing”, the Fair provides a one-stop promotion and procurement platform for the industry. The Fair continues the EXHIBITION+ hybrid model, running a physical exhibition from today through to 8 November at the Hong Kong Convention and Exhibition Centre, while the online exhibition will be accessible until 15 November.Sophia Chong, Acting Executive Director, HKTDC, said: "The Hong Kong International Optical Fair brings together leading eyewear suppliers to present cutting-edge craftsmanship, innovation, and trendsetting products from across the world. This platform fosters networking and business opportunities within the industry.”“To help the industry expand international business networks, the HKTDC has organised 80 buying missions from 45 countries and regions,” Ms Chong added. “Notable buyers include Best Group from Mainland China, Chilli Beans and Vista Import from Brazil, The Intersett Ltd. from Hungary, EYFE Inc. from Japan, Opticalia Okulux from Mexico, Foptics from Singapore, Grey Sunglasses from Spain, and Euro Vision and Vision Plus from the USA.”The annual optical fair is a hallmark event for the industry. In addition to internationally renowned local brands, this year's Fair features exhibitors from Europe and the Americas, such as France, Germany, the United Kingdom, and the United States, as well as from Asia, including Mainland China, Japan, Korea, Singapore, and Taiwan, and from the Middle East, such as Türkiye. The Fair also welcomes back exhibitors from Australia and Malaysia, which are returning after the pandemic.This year’s Optical Fair features several group pavilions, including Mainland China, Japan, Korea and Taiwan, as well as the Visionaries of Style and HKOMA Pavilion; along with pavilions from cities in Mainland China, including Danyang in Jiangsu, Jiaojiang in Zhejiang, Shenzhen in Guangdong and Yingtan in Jiangxi. The Fair provides valuable networking opportunities for exhibitors and supports the local industry in entering the international market and capturing the enormous opportunities in emerging markets.Brand Name Gallery Showcases World-Class DesignsThe Brand Name Gallery showcases a curated selection of over 200 renowned local and overseas brands, such as Rosie Allan from Australia, MINIMA from France; STEPPER from Germany; FRANCO FERRARO from Italy; PLUME from Korea; Nano Vista from Spain; Pepe Jeans, Taylor Morris London, Ted Baker, and Vivienne Westwood from the United Kingdom; along with Anna Sui from the United States and more. Highlighted eyewear pieces include:- Karavan (Booth: GH-C08): This French brand presents handcrafted metal and acetate optical frames in bold colours.- TAVAT (Booth: GH-A20): The SoupCan series by this Italian brand features meticulously handcrafted mixed-material frames which undergo more than 100 production steps, resulting in rich texture and depth.- Miyamoto Optical (Booth: GH-B04): This Japanese brand adds weights at the temple tips for ultra-balanced frames. This innovative design has earned top honours in Japan’s Functional and Technical category awards.- Art Optical (Booth: GH-K01): This Hong Kong brand utilises materials with exceptional stability and impact resistance to create lighter, thinner frames for enhanced comfort. The lenses boast superior scratch resistance and high transparency, ensuring durability and clarity.- Solos Technology Limited (Booth: GH-B26): This Hong Kong brand presents the cutting-edge Solos AirGo™ V smart eyewear range, complete with integrated cameras and ChatGPT-4o functionality.Three New Thematic Labels for Facilitating Buyer’s Procurement ExperienceThe Optical Fair this year features 12 product zones showcasing a diverse variety of eyewear products. Three product categories will be highlighted using special labels to facilitate buying: Smart Ageing Products, Green Solution Suppliers, and Smart Eyewear.Highlighted eyewear:- Eleung Limited (Booth: 1E-D14): Featuring BioCell material in their eyewear frames, a cellulose acetate derived from cotton or wood pulp. It contains no industry-standard plasticisers and is compatible with polycarbonate lenses.- Wenzhou Skysea (Booth: 1D-B33): Offering compact, foldable anti-blue light unisex reading glasses weighing just 15 grams, designed to easily fit into a pocket or purse, ideal for seniors.- Wenzhou Brilliant Vision (Booth: 1D-F02): Introducing relaxing and blue light-blocking reading glasses made of high-quality material for comfort and durability. The unique blue-blocker feature protects eyes from harmful light, reducing the risk of glaucoma and vision-damage.- Wenzhou Innovision Optical (Booth: 1B-D31): Showcasing bio-acetate, a material derived from renewable resources, reducing carbon use and plastic waste.- Chongqing Deding Optical Technology (Booth: 1CON-038): Unveiling ultra-thin smart glasses with a temple thickness of less than 5mm, equipped with a magnetic induction switch and Bluetooth 5.2 for efficient transmission, supporting calls, music playback, and navigation.- Kubota Pharmaceutical Holdings Co., Ltd. (Booth: GH-B30): Introducing Kubota Glass, utilising AR technology to achieve myopic defocus. This system projects an artificially myopically defocused image in front of the retina.Gathering International Optometrists to Explore Progress in Myopia Control and PreventionThe 22nd Hong Kong International Optometric Symposium will be held tomorrow, 7 November. Organised by HKTDC in partnership with The Hong Kong Optometric Association and The Hong Kong Polytechnic University, the symposium will explore myopia control and prevention.Dr Simon TANG, Director of Cluster Services, Hong Kong Hospital Authority, will deliver the opening remarks. Speakers include Professor Ian Morgan from the Australian National University, Dr. Regan Ashby from the University of Canberra, Professor Frank Schaeffel from the University of Tübingen, Professor Kee Chea-su from The Hong Kong Polytechnic University, Professor Chen Zhi from Fudan University, and Dr. Chen Jun from Shanghai Eye Hospital. This event is an accredited Continuing Professional Development (CPD) course by the Optometrists Board, Hong Kong and is endorsed by the Council on Optometric Practitioner Education (COPE).The inaugural Asia-Pacific Eye Health Summit (Hong Kong) and the Greater Bay Area Optometric Practice Development Forum will take place on 8 November, to explore the latest trends and opportunities in the eye health sector within the Greater Bay Area. The Fair will also offer talks and seminars on smart eyewear, sports eyewear, and eyewear for the elderly, helping industry professionals stay updated on global market trend.Exploring Local Creative DesignEyewear parades by professional models will be held to show different styles of eyewear products. To foster Hong Kong’s creativity and innovation, the HKTDC and HKOMA have organised the 24th Hong Kong Eyewear Design Competition under the theme of “Be Bold”. The competition award ceremony will be held this afternoon, and the award-winning and shortlisted designs will be prominently displayed in Exhibition Hall 1D, The Forum, throughout the exhibition. For more details on the overview of competition entries, please visit: finalist_design_Info.pdf.Furthermore, to acknowledge exhibitors who incorporate sustainable elements into their booth designs, the fair has introduced the "Green Booth Design Award". This initiative seeks to commend exhibitors for reducing the environmental footprint of their exhibition booth.Photo download: https://bit.ly/4hBe7aTThe 32nd Hong Kong Optical Fair opens today, showcasing the latest eyewear and optometric products from over 700 exhibitors across 17 countries and regionsModels showcase new products at the eyewear paradeThe Brand Name Gallery showcases over 200 renowned brands from around the world, featuring works from various local and international designers.The fair introduces new category labels, including Smart Ageing Products, Green Solutions Suppliers, and Smart Eyewear, to facilitate purchases for buyersThe Fair continues to feature the "Designer Cafe", showcasing a range of emerging designers and brand productsWinning and shortlisted entries from the 24th Hong Kong Eyewear Design Competition are currently on display in Exhibition Hall 1D, The ForumWebsites:Hong Kong International Optical Fair:https://www.hktdc.com/event/hkopticalfair/enEvent Details of the Hong Kong International Optical Fair: https://www.hktdc.com/event/hkopticalfair/en/intelligence-hub 22nd Hong Kong International Optometric Symposium: https://www.hktdc.com/event/hkopticalfair/en/the-22nd-hong-kong-international-optometric-symposiumHKTDC Media Room: http://mediaroom.hktdc.com/enFair Details (Physical)Date:Wednesday 6 – Friday 8 NovemberTime:6 to 7 November 9:30am – 6:30pm8 November 9:30am – 5:00pmVenue:Hong Kong Convention and Exhibition CentreAdmission:For trade visitors aged 18 or above only.Onsite Registration Fee: HK$100 per person (free for e-Badge registration and pre-registered buyers)Click2Match – Smart Business Matching Platform: 30 October – 15 NovemberMedia enquiriesPlease contact the HKTDC Communications and Public Affairs Department:Johnny TsuiTel: (852) 2584 4395johnny.cy.tsui@hktdc.orgSharon HaTel: (852) 2584 4575sharon.mt.ha@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2024 ACN Newswire via SeaPRwire.com.
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