BEIJING, Nov. 6, 2023 /PRNewswire/ — Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a technology-driven education company and online large-class tutoring service provider in China, today announced that it will report its financial results for the third quarter ended September 30, 2023, before U.S. markets open on Wednesday, November 22, 2023.

Gaotu’s management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on Wednesday, November 22, 2023 (9:00 PM on the same day, Beijing/Hong Kong Time). Dial-in details for the earnings conference call are as follows:

International:

+1-412-317-6061

United States:

+1-888-317-6003

Hong Kong:

800-963-976

Mainland China:

400-120-6115

Passcode:

2868224

A telephone replay will be available two hours after the conclusion of the conference call through November 29, 2023. The dial-in details are as follows:

International:

+1-412-317-0088

United States:

+1-877-344-7529

Passcode:

4454088

Additionally, a live and archived webcast of this conference call will be available at https://ir.gaotu.cn/home.

About Gaotu Techedu Inc.   

Gaotu is a technology-driven education company and online large-class tutoring service provider in China. The Company offers learning services and educational contents & digitalized learning products. Gaotu adopts an online live large-class format to deliver its courses, which the Company believes is the most effective and scalable model to disseminate scarce high-quality teaching resources to aspiring students in China. Big data analytics permeates every aspect of the Company’s business and facilitates the application of the latest technology to improve teaching delivery, student learning experience, and operational efficiency.

For further information, please contact:

Gaotu Techedu Inc.
Investor Relations
E-mail: [email protected] 

Christensen

In China
Ms. Vivian Wang
Phone: +852 2232 3978
E-mail: [email protected] 

In the US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
E-mail: linda.bergkamp@christensencomms.com

Source : Gaotu Techedu to Report Third Quarter 2023 Financial Results on November 22, 2023

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SHENZHEN, China, Nov. 6, 2023 /PRNewswire/ — Huawei announced the 57 winners of the XMAGE Awards 2023. The competition, which spotlights photos taken with Huawei devices, named three Grand Prize winners, 17 Best-in-Category winners, 34 Runner-up winners, and three Honorable Mentions.

This year’s winners were selected from more than 600,000 entries received between April 7 and August 15 from participants from nearly 100 countries. After China, the five countries with the highest number of entries were Malaysia, Türkiye, Poland, the Philippines, and the UAE. The most popular phone models used were the HUAWEI P60 Pro, HUAWEI P40 Pro, and HUAWEI Mate 40 Pro.

The three Grand Prize-winning photographs that captured the judges’ hearts

"Dragon Clouds" by Domcar Calinawan Lagto from the Philippines, "Airshow" by Piotr Cebula from Poland, and "Fearless Eagle" by Dou Chuanli from China were awarded the Grand Prizes. Each winner will receive 10,000 USD (before tax) from the XMAGE creation fund, to support their photography and to encourage them to continue using Huawei devices in the future.

© Domcar Calinawan Lagto (the Philippines) Dragon Clouds | HUAWEI P30 Pro

Judge’s comment: Only when a photographer pushes against conventional boundaries can we see scenes that are about to disappear, uncommon, or hard to see. — Chen Xiaobo, 9th Vice President of China Photographers Association

© Piotr Cebula (Poland) Airshow | HUAWEI P40 Pro

Judge’s comment: The image poses more questions than it answers, so it excites the viewer’s imagination. Is the plane going to land safely, or crash? Where is it going? Who is the silhouetted man in the foreground? There is sense of a story unfolding and of movement in this photo which invites the viewer to fill in the gaps. — Australian portrait photographer Jessica Hromas

© Dou Chuanli (China) Fearless Eagle | HUAWEI Mate 40 RS

Judge’s comment: In addition to what is outside, it is even more important to find the inside of the subjects, their characters, or their emotions at that moment. We have seen many eagles in paintings, photography and videos, but I will definitely always remember this one — it captures the true soul of the eagle. Under its plump, thick feathers are its sharp, intimidating eyes. — Chinese fashion photographer Pei Tongtong

New categories inspiring spectacular creativity

This year’s competition featured an array of categories including Night Walk, Portrait, Art & Fashion, Outdoor, Hello Life, Storyboard, Action, and Storytelling. New categories were added to help participants unleash their creativity and showcase their unique perspectives.

The 17 Best-in-Category winners and the 34 Runner-up winners were selected from each category, and will each receive 1500 USD and 1000 USD, courtesy of the XMAGE creation fund.

© Zhang Wei (China) Night View on the Bridge | HUAWEI P40 | Best-in-Category winner of the Night Walk category

© Rhon Paolo C. Velarde (the Philippines) Child’s Future | HUAWEI P40 Pro | Best-in-Category winner of the Portrait category

© Wang Hanbing (China) Mountain View | HUAWEI Mate 50 RS | Runner-up winner of the Outdoor category

XMAGE Awards showcase the professional imaging capabilities of XMAGE

The HUAWEI XMAGE Awards showcase how the XMAGE brand has inspired users’ creativity when using mobile devices. Huawei sees mobile imaging as a powerful lens for viewing and capturing life’s precious moments, and as a tool for stimulating visual ideas. Our mission is to empower users to unleash their creativity and continue to push the boundaries of mobile imaging.

The HUAWEI XMAGE Awards has come a long way since its launch in 2017. Not only has the contest inspired many individuals to pick up their mobile phones and take magnificent photographs, but it has also become a platform for demonstrating wonderful creations that give people a glimpse into the photographers’ views on the world and their daily lives. Today, XMAGE Awards has emerged as a prominent global photography event, igniting a wave of enthusiasm among individuals to express their emotions, exude confidence, and unleash "the power of image" through mobile photography.

For the full list of award winners, please visit our official website:
https://consumer.huawei.com/en/campaign/xmage 

Source : Huawei Announces the Winners of the XMAGE Awards 2023

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Dear Media

We are writing on behalf of The Alliance for Good and the Asia Family Office Association, to invite you and your publisher to join us in 2023 Business and Philanthropy Forum Nov 9-10 in Shangri-La Hotel, Singapore at 22 Orange Grove Rd, Singapore 258350.

With the vision of "Next-Gen Leaders – Making an Impact," this prestigious event convenes global leaders, family offices, philanthropists, tech pioneers, investors, academics, policymakers, and nonprofit leaders. Distinguished guest and speakers of the Forum includes:

Ms Josephine Teo, Minister for Communications and Information and Second Minister for Home Affairs, Singapore Mr. Benjamin Fok Chun-Yue, Director of the Fok Ying Tung Foundation Ms. Berry Liberman, Co-founder and Creative Director of Small Giants, Liberman Family representative of Australia Mr. Stefan Messer, CEO of Messer Group (Germany) Mr. Drayton McLane Jr., Chairman of McLane Group (US) Mr. Abdulla Al Gurg Executive Chairman of Abdulla Al Gurg Global Investments, UAE

More detailed event introduction and agenda, please see attached.

Press Release could be found here – https://www.prnewswire.com/apac/news-releases/2023-business-and-philanthropy-forum-by-alliance-for-good-catalysing-next-gen-leaders-to-drive-change-301963533.html

Please contact Vivien Tsui from Alliance for Good before Nov 7 for your interview opportunities, media pass and registration.

Vivien Tsui
Mob/Whatsapp: +65 90426866
Email: [email protected]
Wechat: Viv_Tsui

We look forward to your attendance on Nov 9-10 at Shangri-La Hotel, Singapore (22 Orange Grove Rd, Singapore 258350)

/PRNewswire — Nov. 6, 2023/

Source : Exclusive invitation to 2023 Business and Philanthropy Forum, Nov 9-10 at Shangri-La Hotel, Singapore

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SINGAPORE, Nov. 6, 2023 /PRNewswire/ — Jumpshot Singapore, a premier sports media, events and entertainment company, is delighted to announce the upcoming FIBA-endorsed 3×3 basketball event in Singapore, happening on January 6-7, 2024. This inaugural event is made possible through a collaborative effort with their valued partner Bukit Panjang Plaza, located in the residential area of Bukit Panjang in the north-western region of Singapore.

Jumpshot Singapore, in collaboration with Bukit Panjang Plaza, is set to deliver a thrilling spectacle for basketball enthusiasts and sports fans alike. This event will showcase top-tier entertainment and feature renowned guests from the world of basketball. With 12 men’s and 12 women’s teams competing, the tournament promises to be a true celebration of global 3×3 basketball talent.

Addressing the nation’s dream to have Singapore on the map in the 3×3 category, Jumpshot Singapore is proud to have the support of Sport Singapore (SportSG) in making this inaugural FIBA-endorsed 3×3 basketball event in Singapore a reality.

Marcus Tan, Chief, Sport Development Group, is looking to run more grassroots-based community competitions for basketball enthusiasts and sports fans alike. "3×3 is a fast-paced, exciting basketball format which we hope to grow and introduce to more Singaporeans. Watching top regional teams play on home ground will inspire our children and youth to join in and learn from the best in the sport. We are very encouraged by Jumpshot Singapore’s support in organising the event and we hope more like-minded members of the basketball fraternity will join us to bring 3×3 to the next level."

In the words of Esther Quek, CEO of Jumpshot Singapore: "We take immense pride in our role within this FIBA-endorsed 3×3 basketball spectacle, which not only spotlights the remarkable basketball talent on the global stage but also harmonises with our dedication to bolstering Singapore’s 3×3 basketball aspirations. This event marks a pivotal milestone on the path toward that vision, and we are genuinely thrilled to be an integral part of this journey."

Teams in both the Men’s and Women’s divisions will compete for exciting prizes and substantial cash rewards:

Men’s Division: 1st Place: USD 10,000, 2nd Place: USD 5,000

Women’s Division: 1st Place: USD 5,000, 2nd Place: USD 2,500

Mr Chew Hock Chye, General Manager of Bukit Panjang Plaza said: "3×3 basketball is quickly gaining momentum in Singapore and we are excited to partner with Jumpshot Singapore to host the FIBA-endorsed 3×3 basketball event at Bukit Panjang Plaza. This partnership shows our commitment to bring events and activities that will excite our shoppers and the community residing in the north-west region of Singapore. "

In addition to team prizes, individual excellence will be recognised. The Most Valuable Players (MVPs) from both divisions will each receive USD 200. The winners of the 2-point shootout and Dunk Contest will also claim their share of the glory, with USD 200 and USD 500 prizes, respectively sponsored by Team Xtreme.

The FIBA-endorsed international 3×3 basketball event is set to attract teams from across Asia, with participants expected from Mongolia, Australia, South Korea, China, Japan, Singapore, Malaysia, Indonesia, Vietnam, Thailand, Philippines, and Singapore. This diverse lineup promises intense competition and exciting matchups that will captivate basketball fans worldwide.

For more information and sponsorship opportunities, please contact Esther Quek, CEO of Jumpshot Singapore at [email protected]

Our Partners

Organised by: Jumpshot Singapore

Supported by: Sport Singapore

Venue Partner: Bukit Panjang Plaza

Logistic Partner: TND Group

Healthcare Partner: The Rehab Lab

Official Broadcaster: KOTC Sport Pte. Ltd.

Official Sport Drink: Gatorade

Official Ball: Molten

Official Hotel: Hotel Royal

Sponsor: Amazin’ Graze, Team Xtreme

About Jumpshot Singapore

Jumpshot Singapore is a leading sports media, events and entertainment company dedicated to promoting and showcasing the best of sports talent and events across the globe. With a commitment to excellence and innovation, Jumpshot Singapore continues to elevate the fan experience through exciting events and partnerships locally and internationally.

Follow Jumpshot Singapore on:

Facebook – https://www.facebook.com/JumpshotSG

Instagram – https://www.instagram.com/jumpshotsingapore/

TikTok: https://www.tiktok.com/@jumpshotsg

YouTube – https://www.youtube.com/@JUMPSHOTSG 

About Sport Singapore

As the national sports agency, Sport Singapore’s core purpose is to inspire the Singapore spirit and transform Singapore through sport. Through innovative, fun and meaningful sporting experiences, our mission is to reach out and serve communities across Singapore with passion and pride. With Vision 2030 – Singapore’s sports master plan, our mandate goes beyond winning medals. Sport Singapore uses sport to create greater sporting opportunities and access, more inclusivity and integration as well as broader development of capabilities. Sport Singapore works with a vast network of public-private-people sector partners for individuals to live better through sport.

To find out more, visit SportSG’s websites at www.sportsingapore.gov.sg and https://www.activesgcircle.gov.sg/ .

About Bukit Panjang Plaza

Bukit Panjang Plaza (BPP) is located in the high-density residential area of Bukit Panjang in the north-western region of Singapore. Besides the surrounding estates of Bukit Panjang, Cashew Park, Chestnut Drive and Hillview, BPP also caters to families and residents from Teck Whye, Choa Chu Kang and Upper Bukit Timah precincts.

About The Rehab Lab

The Rehab Lab stands at the forefront of sports injuries and rehabilitative solutions, championing the mission of empowering every individual to move better, live stronger and pain-free at their fullest potential. With a passionate team of clinical experts amassing over two decades of collective experience, The Rehab Lab has solidified its reputation as an authority in injury prevention and rehabilitation. At the heart of the company lies their unwavering commitment and unparalleled care, while adopting an active movement-based approach integrated with evidence-based practices. Their commitment to orchestrating transformative outcomes and improving the lives of every individual from all age groups, from elite athletes to sedentary deskbound workers sets them apart in the industry.

About KOTC Sports Pte. Ltd.

KOTC Sports Pte Ltd headquartered in Singapore and located in various regions such as Singapore , Malaysia , Taiwan and Philippines ,stands at the intersection of sports and technology, driving a new era of athlete performance and fan engagement. At the heart of their innovation lies the KOTC AI App, a groundbreaking tool that harnesses the power of artificial intelligence to deliver insightful analytics, tailored training regimes, and personalized fan experiences. This application underscores KOTC’s commitment to merging tech-centric solutions with sports, ensuring athletes achieve their zenith while offering fans an immersive experience like never before.

About Gatorade

From the World’s No.1 Sports Drink – Gatorade rehydrates, replenishes, and refuels athletes. Maintain high level of performance when it matters the most. No carbonation, no caffeine.

About Molten

MOLTEN is one of the largest Game Ball manufacturers in the world that designed, developed and manufactured Game Ball such as Football, Futsal, Basketball, Volleyball, Netball and Handball which prioritized creation and innovation and are committed to staying on the cutting edge of technological development. Molten Basketball was the Official Ball of the 28th SEA Games Singapore 2015 and the previous SEA Games.

About Amazin’ Graze

Since its inception in August 2015, Amazin’ Graze has been on a mission to make health accessible to all, inspiring people to embrace healthier choices every day. From its humble beginnings in a small kitchen, the company has grown into a global phenomenon, spreading its passion for deliciously healthy natural granola and snacks across 10 countries. Amazin’ Graze was born out of a vision to revolutionize traditional snacks, such as granola and nut mixes, by infusing them with Asian-inspired flavors like Coconut, Pandan, Matcha, Curry, and Lemongrass. Faced with the realization of an increasingly unhealthy lifestyle and diet in Asia, the founders embarked on a journey to bring about positive change by creating nutritious and tasty alternatives.

Source : Jumpshot Singapore Unveils: FIBA-Endorsed 3×3 Basketball Extravaganza in Singapore

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IBM’s deep engineering and AI expertise to deliver extended customer-focused functionality via NatWest’s virtual assistant, Cora Collaboration is part of NatWest’s broader generative AI approach, which leverages IBM’s enterprise AI platform, watsonx

LONDON and ARMONK, N.Y., Nov. 6, 2023 /PRNewswire/ — NatWest and IBM (NYSE: IBM) today announced enhancements to the bank’s virtual assistant, Cora, that will use generative AI to provide customers with access to a wider range of information through conversational interactions. The bank will be among the first in the UK to deploy generative AI with a virtual assistant enabling a safe, intuitive, and accessible experience in its digital services.

Harnessing the power of responsible and ethical AI forms part of the bank’s wider strategy, collaborating with IBM and other experts to help customers achieve financial wellbeing through personalised support. By leveraging IBM’s enterprise grade AI and data platform, watsonx, teams are co-creating a digital concierge (Cora+) that evolves the chatbot’s capability into a more interactive and conversational experience, where this benefits customers. 

Personalised, conversational responses to complex customer queries 

This innovative capability has been designed to provide a more accessible and human interaction for customers looking to compare products and services across the product suite, or who are looking for information across the NatWest Group websites. 

Cora+ will be able to access information from multiple secure sources that were previously inaccessible through chat alone, such as products, services, information about the bank and career opportunities. Customers can ask questions and receive responses in a more natural, conversational style and are provided with links to requested information, which they can either view immediately or bookmark for later. Customers will continue to have the option to speak on the phone with branch representatives during business hours.

Wendy Redshaw, Chief Digital Information Officer of the NatWest Group’s Retail Bank said: "We are a relationship bank in a digital world, building trusted, long-term relationships with our customers through meaningful and personalised engagement. 

Building on Cora’s success over the last five years, we’re working with companies like IBM to leverage the latest generative AI innovations that will help make Cora feel even more ‘human’ and, most importantly, a trusted, safe and reliable digital partner for our customers."

In a digital world, banks focus on fostering talent, technology and trusted collaborations

As banks increasingly become digital enterprises, attracting and retaining top technology talent has become an industry priority.  The importance of mindful innovation and safe exploration is key, and aligned to NatWest’s Digital X Strategy, which focusses on three pillars: engineer, protect and operate. This provides the bank with opportunities to collaborate with specialist industry leaders, like IBM, and work together on cutting edge, emerging technologies to deliver what matters most for customers. 

To accelerate the pace of innovation and delivery, the IBM Client Engineering team worked alongside the NatWest business and technology teams to rapidly co-create, test, and validate the outcomes with the aim of safely and swiftly delivering a viable generative AI digital assistant. 

"NatWest and other forward-thinking leaders of financial institutions around the world are exploring the potential of AI technologies as part of their competitive business strategy," said John Duigenan, Distinguished Engineer and General Manager Global Financial Services Industry at IBM. "With the appropriate guardrails and governance in place ensuring that AI is open, trusted and targeted, banks can deliver an empowering value proposition enabling an even deeper level of customer loyalty. We’re excited about the opportunity to collaborate with NatWest on their vision for customer care."

Banking industry leaders globally see value in generative AI and are selectively exploring how it can be used

According to a recent study by IBM’s Institute for Business Value, CEO Decision-Making in the Age of AI, banking and financial markets CEOs are being selective and deliberate in their use of generative AI. They recognise its potential, with over 40% of the 360 banking and financial markets leaders responding that they expect generative AI, deep learning, and machine learning to help deliver financial results over the next three years. Talent, security and customer experience were cited the most frequently identified areas in which financial services leaders indicated interest in applying generative AI. Customer care was cited by 54% of these industry chiefs as among their highest technology priorities and a full three quarters (75%) of financial services CEOs surveyed believe that the competitive advantage will go to the institutions that have the most advanced use of generative AI.

About NatWest
NatWest Group is a relationship bank for a digital world. We champion potential; breaking down barriers and building financial confidence so the 19 million people, families and businesses we serve in communities throughout the UK and Ireland can rebuild and thrive. If our customers succeed, so will we.  

About IBM
IBM is a leading provider of enterprise AI, hybrid cloud architecture, security and ESG insights to the global financial services sector. Its deep industry expertise, extensive portfolio of services and solutions, and its robust ecosystem of fintech partners, empower collaboration, innovation, and creation with clients. As a trusted partner to banks, insurers, capital markets and payments providers, IBM guides financial institutions on all stages of their digital transformation journeys through IBM Consulting and delivers the proven infrastructure, software and services they need through IBM Technology. For more information, visit www.ibm.com/industries/financial-services.

Media Contacts

NatWest
Niall Caldwell
[email protected]

IBM
Mary Ellen Higgins
[email protected]
781.789.1911

Gregor Hastings
[email protected]
44-7565826173

Source : NatWest and IBM Collaborate on Generative AI Initiative to Enhance Customer Experience

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This new white paper is a timely resource that sheds light on the evolving and dynamic financial landscape of financial services and addresses the pivotal themes shaping the transformation in the MENA region.

SINGAPORE, Nov. 6, 2023 /PRNewswire/ — Arab Financial Services (AFS) and Brankas are thrilled to unveil an illuminating white paper that offers a comprehensive exploration of the future of financial services in the MENA region, with a primary focus on Open Banking and Open Finance. Titled "The Future of Financial Services and Trust in the MENA Region," this white paper serves as a beacon guiding the financial industry through the transformative landscape of Open Banking and beyond.

The Future of Financial Services and Trust in the MENA Region

Some key insights from the white paper:

Global Impact of Open Banking: As of August 2023, over 65 nations have embraced Open Finance, driving financial innovation worldwide. MENA Region’s Open Banking Momentum: The MENA region is poised for an Open Banking breakout period in 2023-2025, with countries like Bahrain, Saudi Arabia, and the UAE taking the lead. Evolution from Open Banking to Open Finance: Countries like Australia, India, Brazil, and the UK are extending the data sharing mandate to non-banking sectors, ushering in Open Finance and Open Economy. Opportunities for Financial Institutions: Open Banking offers various pathways for banks to innovate and drive digital transformation while addressing readiness levels. Collaboration for Maximum Impact: The success of Open Banking hinges on industry-wide collaboration, with key players including data aggregators, payment processors, cybersecurity firms, and identity verification entities.

The white paper reveals compelling monetization strategies for open banking, including premium APIs such as Emirates NBD’s top API banking service, BaaS APIs that enable brands like Banque Saudi Fransi to provide financial services, and cutting-edge marketplaces like Mashreq Bank’s partnership with fintechs and startups.

"To truly harness the transformative power of open banking, banks must evolve beyond just ticking the regulatory boxes. The real journey begins when we shift our focus from mere compliance to leading the charge in innovation, embracing new paradigms, and adapting to the dynamic contours of a rapidly changing financial landscape. It’s about proactively shaping the future, not just responding to it." Todd Schweitzer, CEO – Brankas

Trust is paramount in Open Banking. The white paper delves into the crucial levers for building a trust-centric Open Banking ecosystem, encompassing authentication, API security, privacy standards, and more. The MENA region emerged as a beacon of trust in the financial sector in the Statista survey from 2023. Among the 32 nations surveyed, the Kingdom of Saudi Arabia (KSA), Qatar, and the United Arab Emirates (UAE) clinched noteworthy ranks, standing 5th, 7th, and 10th, respectively. Such rankings not only underscore the intrinsic faith customers in these countries place in their financial institutions but also spotlight the profound relationship and rapport banks have cultivated with their clientele over the years.

"Open banking isn’t just a technological trend; it’s the bedrock of tomorrow’s B2B financial landscape in MENA. From the seamless integration of payroll systems and the effortless management of supplier invoices to the swift execution of employee reimbursements, the opportunities open banking brings to the fore are transformative. As financial industry leaders, our vision should be centered on not just adapting, but reshaping the financial contours of tomorrow." Samer Soliman, CEO – Arab Financial Services

The white paper is a great resource for financial institutions, FinTech innovators, and industry professionals looking to navigate the dynamic and evolving landscape of Open Banking and Open Finance in the MENA region.

To access and download the full white paper, please visit: https://resources.brankas.com/future-of-financial-services-trust-mena-region

About Brankas

Brankas is a leading global open finance technology provider. We provide API-based solutions, data and payments solutions for financial service providers (like banks, lenders and e-wallets) and online businesses. Brankas partners with banks to build and manage their open finance infrastructure, producing APIs for real-time payments, identity and data, new account opening, remittances, and more. With Brankas’ secure open banking technology, online businesses, fintech companies and digital banks can use Brankas APIs to create new digital experiences for their users.

Visit www.brankas.com for more information and join the conversation on LinkedIn.

About AFS
Arab Financial Services was formed in 1984 to provide payment products, services and expertise to banks and merchant groups and deliver customized payment solutions in an increasingly divergent, disruptive, and dynamic payment ecosystem.

A key to the growing and continued success of the company was an executive team determined to invest in the most up-to-date, leading-edge technologies. AFS is owned by a total of 37 banks and financial institutions and serves over 60 clients in more than 20 countries across MEA.

Today, AFS is the region’s leading digital payment solutions provider and Fintech enabler, regulated by the Central Bank of Bahrain.

AFS’s innovative approach to the provision of financial services is evidenced by a series of pioneering payment services that covers card processing services, merchant acquiring, fintech solutions and an impressive array of value-added services.

The emphasis that AFS places on innovation has positioned the company as a driving market force, delivering a rich portfolio of payment solutions including digital mobile wallets, customer orientated Merchant Acquiring services; Bahrain’s leading digital payroll solution Al Rateb, global Contact Centers and much more.

Trusted by businesses across the region AFS has been recognized as the "Best Payments Solutions Provider – Bahrain" by MEA Finance Awards 2022, "Best New Payment Solutions Provider for MSME Business Bahrain 2022" by Global Business Magazine, "Leading Payments Innovator Bahrain 2022" by Global Business Outlook and "Best Payment Solution Provider Bahrain 2022" by Global Banking & Finance Review.

Visit www.afs.com.bh for more information and join the conversation on LinkedIn.

Media Contact: Yiyang Teo, [email protected] 

Source : Banks Look to API Monetization in New White Paper on the Future of Open Banking in the MENA Region

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SINGAPORE, Nov. 6, 2023 /PRNewswire/ — Nestled in the heart of Changi Village, The Bus Collective isn’t just a resort hotel; it’s a testament to innovation and sustainability.

Picture this: once retired public buses, now transformed into elegant and eco-conscious luxury suites. This visionary project, a collaboration between WTS Travel ("WTS") and partners, brings a truly one-of-a-kind experience to Southeast Asia.

As the sun sets over Changi Village, a fleet of repurposed buses stands tall, each one meticulously crafted to offer a unique blend of comfort and luxury. But that’s just the beginning. The Bus Collective isn’t just a place to rest; it’s a sanctuary where history meets tranquillity in a way that’s never been seen before.

The grand opening event was officiated by Minister Dr Maliki Osman, Minister in the Prime Minister’s Office, Second Minister for Education & Foreign Affairs and Grassroots Adviser for East Coast GRC GROs (Siglap). Under the Green and Vibrant pillars of the East Coast Plan, the project brings to life the possibilities of repurposing for sustainable actions. The Bus Collective will enhance the Changi Village leisure ecosystem and create employment opportunities.

WTS Travel Managing Director, Micker Sia said: "By introducing The Bus Collective, we are redefining luxury hospitality, and pioneering an eco-conscious approach to tourism in Singapore. This visionary project showcases the powerful synergy between nature, tourism, and environmentalism for the greater good of our community. Through innovative thinking and resourceful execution, we are breathing new life into retired buses, transforming them into an unparalleled experience for our guests."

Unparalleled sustainability through repurposing

The Bus Collective proudly stands as a testament to the potential of innovative design thinking in driving positive change.

Each guest room, born from the rebirth of retired buses, not only rejuvenates these vehicles but also establishes a precedent for integrating eco-conscious practices within the construction and hospitality sectors.

This distinctive approach showcases the harmonious convergence of creativity, environmentalism, and tourism, enriching our community and forging unforgettable experiences for both locals and tourists.

Seamlessly integrated luxury and environmentalism

The Bus Collective redefines luxury hospitality by seamlessly integrating elegant comfort with environmental consciousness.

Luxury isn’t an afterthought; it’s the very essence of our hospitality. Guest rooms exude a blend of comfort and sophistication, boasting features like composite lamination, marble tops, invigorating rain showers, sumptuous beds, and lavish bathtubs.

Our service staff are adept at providing tailored experiences, ensuring that guests preferences are met with the utmost care.

Connecting to Changi Village’s vibrant ecosystem and to Singapore’s myriad attractions

Strategically positioned, The Bus Collective complements the vibrant Changi Village ecosystem, offering guests effortless access to attractions such as the Changi East Boardwalk and Changi Chapel & Museum. It offers an Experiences Centre that organises mindfulness experiences as well as tours that look at the history and geography of Changi Village.

In support of launch, WTS has introduced a fleet of 20 new travel coaches for the benefit of guests travelling locally to attractions, as well as overland to and from Malaysia. Inbound tours and Sit-In-Coach tours are becoming more popular with tourists. The new coaches provide a premium, comfortable travel experience for our guests – whether enroute to The Bus Collective, or on their journey to see the many wonderful attractions of Singapore.

Community engagement and employment opportunities

The Bus Collective is committed to engaging with the community through the creation of employment and partnership opportunities.

Through employment, we hope to recruit and nurture a team of dedicated hospitality professionals, ensuring each guest receives the highest level of service.

Our engagement initiative seeks to strengthen the neighbourhood, especially small businesses by collaborating with them on guest experiences.

Guests can savour the rich culinary heritage of the area at nearby restaurants that we have identified. We are also working with tour operators to offer insightful journeys through Changi’s history and natural beauty.

Through these partnerships, The Bus Collective sets a shining example of how a collaborative, community-centric approach can elevate the hospitality industry, offering guests an authentic and enriching stay that goes beyond the conventional hotel experience.

The Bus Collective represents a significant milestone in the revitalisation of Changi Village’s tourism landscape. As Singapore strives to become a sustainable urban destination, The Bus Collective leads the way by exemplifying how eco-conscious elegance and comfort can harmoniously coexist.

For more information about The Bus Collective and to make reservations, please visit www.thebuscollective.com.

Room rates begin from SGD 398 inclusive of breakfast. Additional materials including the fact sheet and pictures are available at this link.

Information about WTS Travel ("WTS") and partners

About WTS Travel & Tours ("WTS Travel")

Incorporated in 1989, WTS Travel & Tours Pte Ltd is one of the top Singapore travel agencies that offers premier travel services in air-ticketing, coaches, cruises, group incentive tours, overseas package tours, and worldwide hotel reservations. We are also established as an inbound travel operator that offers tourists a wide range of tours, accommodation and ground transportation to major attractions across Singapore.

www.wtstravel.com.sg 

About LHN Group

LHN Group is a real estate management services group with the distinguishing ability to generate value for our landlords and tenants through our expertise in space optimisation. We also provide complete facilities management and logistics services, which serve to complement our space optimisation business.

www.lhngroup.com 

About Sky Win Holding

Sky Win Holding Pte Ltd is a Singapore headquartered investments holding group. It has interests in the tourism, lifestyle and eyewear industries. The group is committed to diversifying and investing in long-term sustainable opportunities.

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