MANILA, Philippines, Dec. 7, 2023 /PRNewswire/ — The newest face of Gaabor, the phenomenal actor David Licauco, will be livestreaming the brand’s grandest Christmas Budol Sale on 12.12 from 7 pm to 8 pm!

Join David Licauco’s Live this 1212

Indeed, Christmas is coming early and David is delivering it to you, Gaaborkadas!

David, who’s the first Philippine endorser of the best-selling Southeast Asian small appliance brand, is excited to showcase the various Gaabor items on SALE – with up to 80% off! Take advantage also of the free shipping as well as freebies to light up your holiday.

Treating yourself and your family with brand-new appliances this holiday season is made easier. You only need to join David on his livestreaming from wherever you may be and check which items would bring much comfort and convenience to your home or workplace.

Just like David, many of us are busy with our respective careers and personal concerns; hence, time matters much to us. A little help from Gaabor would certainly make our house chores a lot easier to handle; considering that Gaabor’s innovative household products are designed to turn time-consuming chores into lighter tasks. 

David’s favorite Gaabor products are the following: kitchen appliances like the 3L Rice Cooker, 2L Electric Pot, sandwich maker, and air fryers with different capacities.

Aside from the brand’s functionality goal, David admires Gaabor’s aesthetics. Their designs are sleek and easy on the eyes, he shared. True, we couldn’t help but agree!

GIFT IDEAS

With so many special people on our gift list for Christmas, wouldn’t it be nice to find some really great treats to make our holiday shopping a lot easier and more fun?

There are many products to choose from that would be suitable as gifts to bring joy to those special persons on your list.

Thinking of special prizes for the holiday get-togethers? Look no far.

Just mark the date–12.12–and join David from 7 pm onward and get a chance to win giveaways!

Make sure to follow @gaaborph as there are upcoming campaigns and giveaways on their Facebook and Instagram for 12.12!

Source : David Licauco's Gaabor Christmas Budol Sale live on 12.12 (TikTok)

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

Study Reveals Healthy Appetite for More AI, Machine Learning & Cloud-Based Technology Solutions

BOISE, Idaho and SINGAPORE, Dec. 7, 2023 /PRNewswire/ — Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today published its 2024 Hong Kong & Singapore Insurance Industry Outlook report. The survey, conducted in October and November of 2023, engaged over 80 insurers and insurance asset managers in Hong Kong and Singapore, representing over $2.5 trillion in assets under management.

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The survey provides a fascinating look at a wide array of transformative trends that are top-of-mind for insurers and insurance asset managers in 2024, including greater M&A activity, regulatory developments, solvency rules, investing strategies and associated operational complexities, technology expenditure, and technology priorities.

Notable findings from the Clearwater study include:

An expectation of a wave of M&A activity to impact both Hong Kong and Singapore in 2024, as the region echoes the wider global industry trend towards consolidation. 99% of the industry anticipate allocations towards private market assets in 2024, but 37% express concerns determining fair value for these assets. 86% see their technology spend rising next year, with the C-suite prioritizing the implementation of artificial intelligence (AI), machine learning (ML), and cloud-based solutions.

"In 2024, insurers in Hong Kong and Singapore will encounter increasingly diversified investing strategies, industry-wide consolidation, exciting new technological advancements, and emerging regulatory directives," said Tom Marlatt, Director of Insurance at Clearwater Analytics. "Despite these transformative trends, our study reveals a prevailing sense of optimism among insurers and insurance asset managers that tips the scales in their favor. As insurers assess their readiness to make progress in the new year, the path forward will depend on where they find themselves in terms of operational capabilities, investing strategies, technology adoption and more. Based on our findings, one priority is clear: the industry will require modern, trusted technology to deliver high-quality data that drives greater returns, customization, and ultimately contributes positively to their bottom line."

Download the 2024 Hong Kong & Singapore Insurance Industry Outlook Report for the full insights. To learn more about Clearwater Analytics, speak to an expert today.

About Clearwater Analytics

Clearwater Analytics (NYSE: CWAN), a global, industry-leading SaaS solution, automates the entire investment lifecycle. With a single instance, multi-tenant architecture, Clearwater offers award-winning investment portfolio planning, performance reporting, data aggregation, reconciliation, accounting, compliance, risk, and order management. Each day, leading insurers, asset managers, corporations, and governments use Clearwater’s trusted data to drive efficient, scalable investing on more than $6.4 trillion in assets spanning traditional and alternative asset types. Additional information about Clearwater can be found at clearwateranalytics.com.

Source : New Clearwater Analytics Report Highlights Key Considerations for APAC Insurers in 2024

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

Successful funding round led by renowned international investors and regional corporate investment arms Achieves overall profitability for the first time with 3x top-line growth from pre-COVID levels

SINGAPORE, Dec. 7, 2023 /PRNewswire/ — Klook, Asia’s leading platform for experiences and travel services, announces that it has successfully completed a US$210 million financing, supporting business growth and fortifying financial stability. The equity round is led by Bessemer Venture Partners, with participation from BPEA EQT, Asia investment funds Atinum Investment and Golden Vision Capital, and corporate investment arms from Southeast Asia, including Krungsri Finnovate (under Bank of Ayudhya), Kasikornbank Financial Conglomerate and SMIC SG Holdings. The round also includes bank facilities from Citi, J.P. Morgan, and HSBC.

Klook co-founders from left to right, Eric Gnock Fah, Ethan Lin and Bernie Xiong

For many Asian markets, 2023 marks the first year of travel recovery with a notable rebound in tourism figures and a gradual recovery in flight capacities. Despite this early stage in market recovery, Klook has demonstrated remarkable business success, surpassing previous milestones with a threefold increase compared to 2019 and boasting an annualized gross booking value of US$3 billion. Notably, the company also achieved overall profitability for the first time earlier this year.

Ethan Lin, CEO and Co-Founder, credits this accomplishment to the collective efforts of the team in establishing the groundwork for the post-COVID era of travel. "During the pandemic, we doubled down on our resources in merchant digitization and the expansion of our supply network, including car rentals and outdoor experiences. This positions us strongly to capture new travel trends coming out of the pandemic," said Lin.

The company’s success is further underscored by its increasing brand strength, strategically building on and leveraging its app-first approach to both acquire and retain customers, with over 80% of bookings made through mobile today. Impressively, the influx of new customers acquired in 2023 more than doubled that of 2019, while repeat customers contributed to over half of the total bookings, demonstrating the sustained customer loyalty fostered by the platform.

"Leveraging strong business fundamentals that led to significant growth in revenue and profit this year, including a threefold increase in productivity (revenue per headcount), we are set for a new phase of sustainable expansion. With Asia in the early stages of post-COVID recovery, upcoming global events like the Paris Olympics 2024 and Osaka World Expo 2025, along with rising expenditures and digital adoption, the industry outlook in Asia is exceptionally positive," added Lin.

The global travel industry is projected to soar to a staggering US$15.5 trillion by 2033, with Asia Pacific leading the way as the fastest-growing region. With a compound annual growth rate (CAGR) of 11% in the Asia Pacific (from 2023-2028), almost doubling that of North America and Europe, this dynamic region is set to capture a larger share of the global travel market, driven by a burgeoning middle class, increased consumer spending, and a growing appetite for unique experiences. Klook remains focused on catering to the increasing demand for immersive travel among Asian customers and showcasing the best of Asia to inbound travelers.

"We are pioneering a transformative era of travel, catering to a new generation of more digitally-savvy travelers with bigger and bolder appetites for unique experiences. Our goal is to empower travelers to explore the world effortlessly through the Klook app, a one-stop platform that seamlessly connects them to a comprehensive range of in-destination services, encompassing immersive experiences and convenient ground transportation," shared Eric Gnock Fah, COO and Co-Founder of Klook.

Klook will strategically allocate the new funds to three key areas for growth. Firstly, in product innovation, expanding its city pass offerings to enhance traveler convenience and savings. Secondly, by scaling social and digital marketing through the Klook Kreator program, driving conversions with authentic, social, user-generated content. Thirdly, by advancing innovation through continuous AI integration. The recent collaboration with Google Cloud will integrate Generative AI across the platform, covering automated translations, content generation, and customer service chatbot. The company will also collaborate with the new strategic investors in the region, to increase market share and boost growth, tapping into the fast-growing middle class in Southeast Asia.

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About Klook

Klook is Asia’s leading platform for experiences and travel services. We curate quality experiences ranging from attractions and tours to local transport and experiential stays, in over 2,300 destinations globally. Founded in 2014, we are here to inspire and enable more moments of joy for travelers anytime, anywhere.

Source : Klook Completes US$210 Million Funding, Embarks on a New Era of Profitable Growth

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

KUALA LUMPUR, Malaysia, Dec. 7, 2023 /PRNewswire/ — To redefine convenience and elevate daily living, Gaabor, a leading brand in innovative home appliances, is set to unveil a series of groundbreaking products in its highly anticipated 1212 end-of-year sale. Under the slogan of "Easy Life and More," Gaabor is dedicated to provide Malaysia consumers with cutting-edge solutions to simplify everyday tasks and make them more efficient.

At the forefront of Gaabor’s end-of-year offerings there are many standout products: vacuum cleaners, rice cookers, air fryers and more. Each of these appliances is crafted with precision and innovation, embodying Gaabor’s commitment to quality and user-centric design.

GVCW-M15A vacuum cleaner  is engineered to deliver powerful suction for a thorough cleaning, ensuring that every nook and cranny of your living space remains pristine. To upgrade the cleaning experience for more people, this event has a surprise price as low as RM69 plus a free replacement filter, hoping to benefit every family .

For those who appreciate the art of culinary mastery, the GR-S25D rice cooker  (surprise price of RM79) takes center stage. Boasting state-of-the-art technology, this appliance combines functionality with style, allowing users to effortlessly prepare delicious meals with just a touch of a button.

Adding to the lineup is the AF40M-WH01A air fryer, designed to cater to health-conscious individuals seeking a guilt-free approach to cooking. This appliance offers a healthier alternative to traditional frying methods, allowing users to indulge in their favorite dishes without compromising taste . Air fryer plus free aluminum foil & egg beaters only for RM99 on the 1212 promotion is the best of Gaabor’s sincerity. There is also a chance to get a 2L trendy air fryer from Gaabor for the surprise price of RM69, and available to stack a large coupon for a double discount!

Gaabor’s 1212 sale is more than a shopping event; it celebrates innovation and a commitment to making life easier for everyone. Visit ShopeeShopee, Lazada, and Tiktok during 7th-12th December and bring products home at up to 70% discount.

Source : Elevate Your Lifestyle with Gaabor Innovative Home Appliances

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

SEOUL, South Korea, Dec. 6, 2023 /PRNewswire/ — The representative brands for each category of ‘2023 Korean Wave Brands (KWB)’ hosted by the BRANDSTARS Selection Committee have been announced.

Marking the six times anniversary this year, this event to select and announce the representative Korean Wave brands concurrently through major media outlets in China and Southeast Asia is aimed at helping consumers make better choices by providing accurate information to overseas consumers.

As the brands representing each industry, Samsung Electronics’ Samsung Galaxy Z Fold5 and Z Flip5, Hyundai Motor Company’s IONIQ, LG Electronics’ Oled TV and TROMM, Navien, Bacchus were selected.

In the shopping category, Lotte Department Store and The Shilla Duty Free were again selected this year. In the entertainment category, ‘BTS‘ and ‘moving’, which are leading the popularity of K-pop and K-drama respectively, were selected. In the tourism and performance categories, Jeju Special Self-Governing Province and ‘Sky Water Show’ were on the list, respectively.

Amorepacific’s Sulwhasoo and LG Household and Health Care’s The History of Whoo were selected in the category of K-beauty cosmetics, and Olive Young was chosen for the category of health and beauty shop. In functional cosmetics, organic cosmetics, and mask pack categories, Derm-A‘, Coszone Make9, and Scanco Ballon Blanc were selected respectively.

In healthcare category, CheongKwanJang, a leading health functional food brand specializing in red ginseng, and FromBio, a functional food company, were selected. In the category of health examination, Samsung Medical Center was selected.

The most popular K-food brands were CJ CheilJedang’s Bibigo, Binggrae’s Banana Flavored Milk, Nongshim’s Chapaghetti, Ottogi’s Ketchup, Paris Baguette, BBQ, and Issac Toast. Sinjeon Tteok-bokki and Samyang Foods’ Buldak Hot Chicken Flavor Ramen were also selected as the brands representing spicy flavors. In the K-fashion category, LF Hazzys, and Gentle Monster, a sunglass brand, were selected.

Source : BRANDSTARS Announces '2023 Korean Wave Brands (KWB)'

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network