JCB Co., Ltd. (“JCB”), Japan’s only international payment brand, will sponsor STAR ISLAND SINGAPORE COUNTDOWN EDITION 2022-2023 Presented by JCB (“STAR ISLAND”), which will be held by Avex Asia Pte. Ltd. (“Avex Asia”), subsidiary wholly owned by Avex Entertainment Inc., from December 25 to December 31 2022. STAR ISLAND is a fireworks musical show from Japan that perfectly interfuses Japan’s traditional fireworks with immersive audio experience, lights, and performance acts, all of which are performed in a spectacular location. It was held in conjunction with the Marina Bay Singapore Countdown in 2018, one of the largest countdown events in Asia, supported by the Singapore Government. This year’s show is held for the first time in three years due to the COVID-19 Pandemic.
For more information about STAR ISLAND: http://www.starisland.sg/
In 2019, before the COVID-19 Pandemic, approximately more than 19.1 million visitors[1] annually traveled to Singapore from overseas, including approximately 880,000 annual travelers[2] from Japan, which hit a record high. However, the number of travelers to Singapore in 2021 significantly decreased to approximately 330,000 (of which, approximately 6,000 travelers from Japan) due to the COVID-19 outbreak.
This event, STAR ISLAND, will be held with the aim of achieving the recovery of not only travel and tourism within Singapore but also inbound travel and tourism to Singapore from its neighboring countries such as Indonesia, Thailand, the Philippines and Vietnam where JCB Cards are issued, and from other countries such as Japan.
JCB, which has been working to increase the number of JCB merchants in Singapore since 1991, decided to sponsor this event in order to encourage JCB Cardmembers, issuers and merchants in Singapore, a country who is the driving force in the overall ASEAN market, to become familiar with the JCB brand and understand its value, in addition to supporting travel to Singapore and its recovery and buy eperisone from india.
Event Outline – Date: Sunday, 25 December to Saturday, 31 December 2022 – Place: Marina Bay area event venue, The Float at Marina Bay (Singapore) – Official website: http://www.starisland.sg/ – Organizer: Avex Asia Pte. Ltd., Avex Entertainment Inc. – Sponsors: Urban Redevelopment Authority, Singapore Tourism Board Note: The event outline and production details may be subject to change. Please check the official website for details.
About Avex Asia Pte. Ltd.
Avex Asia Pte. Ltd. organizes and holds live music events and anime-related events mainly in Asia as the Asian headquarters of Avex Group. Moreover, it also rolls out license businesses using not only IPs[3] held by Avex but also various IPs.
About JCB
JCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 39 million merchants around the world. JCB Cards are now issued mainly in Asian countries and territories, with more than 140 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/
[1] Singapore Tourism Board [2] Japan National Tourism Organization (JNTO) [3] IP stands for Intellectual Properties. In the field of entertainment, music, artists, television personalities, animes, video works, games, characters and others are referred to as IPs.
Singapores Infocomm Media Development Authority (IMDA) awarded their Data Protection Trustmark (DPTM) certification to Huawei International Pte.Ltd, Huaweis subsidiary in Singapore.
The DPTM is given to businesses who have data protection regimes that are fully compliant with Singapores Personal Data Protection Act. To date, just over 80 companies have been awarded this certification. Huawei has long boasted their commitment to customer privacy protection. Receiving DPTM certification means IMDA has recognized the soundness and accountability of Huaweis data protection practices related to data collection, use, and disclosure.
Foo Fang Yong, CEO of Huawei International, explained why this certification is particularly important to the company, saying Personal data protection is not simply a legal requirement, it is a social responsibility. This certification underscores our commitment to privacy protection. Our consumers, customers, suppliers, partners, employees, and other relevant stakeholders can rest assured that their personal data is well protected. We are vigilant and have always adhered to all privacy and personal data protection laws and regulations in every jurisdiction in which we operate. We have incorporated privacy protection requirements into all our day-to-day business processes.
Over the past two decades, Huawei has collaborated closely with local telecom operators in Singapore to assist in developing world-class network infrastructure, supported Singapores digitalization journey, and introduced a series of smart devices to Singapore consumers. As new technologies like cloud computing and big data mature and are further integrated into communications infrastructure, Huawei is ramping up its ability to provide stable, reliable, secure, and sustainable cloud services to local businesses. By establishing regional Asia Pacific headquarters in Singapore for its enterprise and cloud business, the company also aims to help more local businesses go digital and global. In particular, to tackle climate change, Huawei is also leveraging digital power technologies and working closely with local partners to support Singapores Green Plan 2030.
In addition to receiving DPTM certification, Huawei has also partnered with the Cyber Security Agency of Singapore (CSA) as one of its SG Cyber Safe Partnership Programmes advocate partners. Through this program, Huawei works with the CSA to help businesses and organizations in Singapore to bolster their cybersecurity protections and boost cybersecurity awareness.
Leading Singapore-headquartered IT consulting and advisory services company Kris Infotech has acquired a 60% stake in the Colorado-based IT consultancy and staffing company AGS Tek Partners. The acquisition follows Kris Infotech’s strategic roadmap for growth, tapping into the enormous opportunities and immense potential of the dynamic US market.
Dave Malhotra, Founder and CEO, AGS TEK Partners
To drive its ambitious expansion plans in the US and across North America, Kris Infotech is deputing IT industry veteran, Mr. Barani Kumaresan, from Singapore. As Senior Vice President, Mr. Kumaresan will be responsible for making all operational decisions for AGS Tek Partners, executing the company’s strategy and scaling up operations of AGS Tek Partners.
“We are thrilled to add AGS Tek Partners into our fold. Their expertise and experience in delivering IT resourcing and training services in the US over many years is immensely valuable and will serve as a launchpad for our own growth plans. Together, we look forward to delivering our suite of IT services to a lot more companies across the US and North America and enabling them to get maximum value from their investments in Information Technology and digitalization/digital transformation,” said Ms. Reem D’Souza, Head of Business Strategy and Investor Relations at Kris Infotech. “I am confident that Kumaresan’s extensive experience in the IT services sector and his presence in the US to run our operation are critical to fast track our plans for this important market.”
Kris Infotech was seed funded in 2006 by Mr. Rajeev Srivastava, the Founder & Executive Chairman of Basil Technology Partners, which closed a US$171 million institutional fund in 2018. Mr. Srivastava has over 30 years of successful investing and operations experience in the technology services sector across Asia, the US and Europe, having invested in 14 niche global technology companies.
Commenting on being acquired by Kris Infotech, Mr. Dave Malhotra, Founder & CEO of AGS Tek Partners, said, “We are excited by the next stage of our corporate journey as a part of Kris Infotech. Not only does this acquisition add several complementary competencies, but there is also a great synergy in our visions for how we can add value to our customers. With the backing and support of Kris Infotech, we are even better equipped to delight more customers in multiple domains. We look forward to being the one-stop, end-to-end IT solutions provider for our clients.” Mr. Malhotra is an experienced investor with a successful track record in the information technology and services industry. His expertise spans the realms of Software-as-a-Service (SaaS), Business Intelligence, Integration, Enterprise Software, and Enterprise Architecture.
About Kris Infotech
Kris Infotech (http://kris.sg/) is a Singapore-headquartered IT solutions company, providing a wide range of IT services from technology consulting and advisory in emerging tech to IT talent solutions. Established in 2006 by Rajeev Srivastava, the co-founder of APAR Infotech, the company currently employs over 150 professionals with operations in Singapore, Malaysia, India, Thailand, and the US, while also supporting customers in Vietnam, Philippines, and Australia. New offices in Vietnam and Indonesia are scheduled to commence operations in Q4, 2021. Kris Infotech expertise includes Cyber Security, Data & Artificial Intelligence (AI), DevOps & AIOps, SCM (SAP-APO/IBP, Anaplan, Kinaxis), Blockchain and RPA. The company also offers professional services in IT Contracting, Executive Search/ Permanent Placements and RPO.
About AGS Tek Partners
Colorado-based AGS Tek Partners (http://www.agstek.com/) is a provider of state-of-the-art IT services and solutions that address the modern-day business challenges of most organizations. The company has been delivering on-demand technology consulting, technology resourcing (both on-demand on-site staffing as well as permanent placements) and software training services for more than five years.
Media Contact Mr Dave Malhotra AGS Tek Partners Tel: +1 303 638 3505 E-mail: Sales@agstek.com
Manoj Aravindakshan On Target Media Tel: +65-90261492 E-mail: manoj@ontarget-media.com
Singapore-based Commodities Intelligence Centre (CIC) has signed an investment agreement with Chongqing Liangjiang New District Management Committee. The agreement will see an investment commitment of RMB 10 million (S$2.07 million) by CIC to establish its overseas digital trade platform in China’s Guoyuan Port in Chongqing Municipality. The agreement was formally inked by Mr Luo Lin, Deputy Secretary of the Party Working Committee and Director of the Management Committee of Chongqing Liangjiang New Area and Mr Peter Yu, Chief Executive Officer of CIC, at the “Chongqing Liangjiang New Area Key Technology Innovation Projects Virtual Signing Ceremony”. CIC’s parent company, ZALL Smart Commerce Group (2098.HK), also announced its plans to invest in Guoyuan Port for their projects in West China. The project is expected to contribute towards the China-Singapore (Chongqing) Connectivity Initiative, and will be able to tap on CIC platform capabilities in Singapore to enable data interconnection and interoperability and grow a vibrant commodity trading ecosystem in Guoyuan Port. The move comes as CIC is stepping up efforts to expand its global supply chain network and provide companies with increased access to market opportunities in China and Southeast Asia, helping them uncover new business opportunities, reduce transaction costs and achieve greater trading synergies globally amid the pandemic.
Mr Peter Yu, Chief Executive Officer of CIC, shared, “The need to strengthen the digital connectivity of the world’s supply chain ecosystem is more important than ever today. CIC is proud to have inked this strategic agreement to establish our overseas digital trade platform in Chongqing, an important region that connects the Yangtze River Economic Belt and the Belt and Road route. This investment affirms our continued commitment to expand our technology-enabled global B2B trading ecosystem that would enable businesses to reap the benefits of the global digital trade economy on the back of the world’s largest trade pact, the Regional Comprehensive Economic Partnership (RCEP) and China’s dual circulation strategy, with greater digital trade connectivity between China and ASEAN.”
Leveraging the strategic connectivity advantages of the China-Singapore (Chongqing) Multimodal Transportation Demonstration Base, the new International Land-Sea Trade Corridor (ILSTC) and other international trade channels of the Chongqing Guoyuan Port National Logistics Hub, CIC’s digital trade platform would provide global trading services, such as transaction matching, customs declaration and clearance, supply chain logistics, trade finance, and global trade compliance to facilitate the development of an international commodities trading cluster in Guoyuan Port. The platform could also help accelerate the opening up of China’s inland economy and drive global commodity trading and investments into Chongqing, thereby bringing about deeper economic integration with China’s Belt and Road Initiative and the country’s western provinces and regions.
Located in the core part of Chongqing’s Liangjiang New Area, Guoyuan Port is a logistics hub integrating “water, rail, and road transport” of China’s inland rivers, and is the only port-type national logistics hub in west China. CIC’s project signing comes amid deeper Sino-Singapore cooperation under the China-Singapore (Chongqing) Connectivity Initiative, and increased investments by Singapore enterprises into Chongqing in sectors such as aviation, financial services, logistics and information and communication technology.
About Commodities Intelligence Centre
The Commodities Intelligence Centre (CIC) is a global trading platform for physical commodities including Ferrous & Non-Ferrous Metals, Chemicals & Plastics, Oil & Petroleum, and Agri Commodities. Officially launched in Singapore on 12 Oct 2018, CIC is a Joint Venture between China-based ZALL Smart Commerce Group, Global eTrade Services (GeTS) and Singapore Exchange (SGX) to build trade connectivity through digital marketplaces and to grow a vibrant trading ecosystem in Singapore.
CIC aims to revolutionize commodity trading and facilitate cross-border trade through deal matching, trade finance, supply chain logistics, track and trace and global trade compliance. Since its establishment in October 2018, CIC has achieved a GMV (Gross Merchandise Volume) of more than US$13.4 billion (S$17.6 billion), with over 5,800 registered users covering markets including Singapore, Malaysia, Indonesia, India, China, among other countries in Asia. For more information, please visit www.cic-tp.com
For media enquiries, please contact Email: CIC@preciouscomms.com
