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Thailand, ASEAN, Italy to boost economic ties, with SDGs as focus

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Thailand Business News

The 7th High-Level Dialogue on ASEAN-Italy Economic Relations aimed to strengthen economic ties through discussions on improving supply chains, addressing climate change, and promoting inclusive growth through digitalization and innovation. Over 300 stakeholders attended the forum.

ASEAN-Italy Economic Relations Strengthened at High-Level Dialogue

The 7th High-Level Dialogue on “ASEAN-Italy Economic Relations” recently took place, with the objective of enhancing economic ties between ASEAN and Italy. The event, co-hosted by the Ministry of Foreign Affairs, the European House-Ambrosetti, and the Embassy of Italy in Bangkok, commemorated 155 years of diplomatic relations between Thailand and Italy. Discussions during the dialogue mainly focused on improving the ASEAN-Italy supply chain, addressing climate change, and promoting inclusive growth through digitalization and innovation.

Thailand Advocates for Proactive Economic Diplomacy

Sihasak Phuangketkeow, Vice Minister of Foreign Affairs of Thailand, emphasized the significance of proactive economic diplomacy and the importance of forging strong partnerships for the mutual benefit of ASEAN and Italy’s business communities. Valentino Valentini, Deputy Minister for Enterprises and Made in Italy, highlighted Italy’s role as a crucial industrial ally in ASEAN’s steadily growing economic landscape.

Over 300 Stakeholders Attend Forum

More than 300 stakeholders, including policymakers, business leaders, and scholars from Thailand, Italy, and various ASEAN countries, participated in the dialogue. In addition to the discussions, the event also featured parallel activities such as business matching sessions and roundtable discussions, centered around boosting ASEAN-Italy investments through the financial sector and private capital.

Source: [Thailand, ASEAN, Italy to boost economic ties, with SDGs as focus](https://thainews.prd.go.th/en/news/detail/TCATG231005123846043?rand=86515)

Source : Thailand, ASEAN, Italy to boost economic ties, with SDGs as focus

Daqo New Energy to Announce Unaudited Results for the Third Quarter of 2023 on October 30, 2023

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SHANGHAI, Oct. 16, 2023 /PRNewswire/ — Daqo New Energy Corp. (NYSE: DQ) (“Daqo New Energy” or the “Company”), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced it plans to release its unaudited financial results for the third quarter of 2023 ended September 30, 2023 before U.S. markets open on Monday, October 30, 2023.

The Company has scheduled a conference call to discuss the results at 8:00 AM U.S. Eastern Time on October 30, 2023 (8:00 PM Beijing / Hong Kong time on the same day).

The dial-in details for the earnings conference call are as follows:

Participant dial in (U.S. toll free): +1-888-346-8982

Participant international dial in: +1-412-902-4272

China mainland toll free: 4001-201203

Hong Kong toll free: 800-905945

Hong Kong local toll: +852-301-84992

Please dial in 10 minutes before the call is scheduled to begin and ask to join the Daqo New Energy Corp. call.

Webcast link:

https://event.choruscall.com/mediaframe/webcast.html?webcastid=s8JS6cPN

A replay of the call will be available 1 hour after the conclusion of the conference call through November 6, 2023. The dial in details for the conference call replay are as follows:

U.S. toll free: +1-877-344-7529

International toll: +1-412-317-0088

Canada toll free: 855-669-9658

Replay access code: 6641127

To access the replay through an international dial-in number, please select the link below.

https://services.choruscall.com/ccforms/replay.html

Participants will be asked to provide their name and company name upon entering the call.

About Daqo New Energy Corp.

Daqo New Energy Corp. (NYSE: DQ) (“Daqo” or the “Company”) is a leading manufacturer of high-purity polysilicon for the global solar PV industry. Founded in 2007, the Company manufactures and sells high-purity polysilicon to photovoltaic product manufactures, who further process the polysilicon into ingots, wafers, cells and modules for solar power solutions. The Company has a total polysilicon nameplate capacity of 205,000 metric tons and is one of the world’s lowest-cost producers of high-purity polysilicon. 

For more information, please visit www.dqsolar.com 

Source : Daqo New Energy to Announce Unaudited Results for the Third Quarter of 2023 on October 30, 2023

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

SUNSEEKER to Make Their US Debut at Hardscape North America

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WIreless Robotic Lawnmower just one of a wide range of products being introduced at Louisville, KY next week

CHARLOTTE, N.C., Oct. 16, 2023 /PRNewswire/ — SUNSEEKER, a hardscaping and landscaping business that specializes in robotic lawn mowers, is making their North American debut in Louisville, KY at Equip Exposition on 18-20 October, co-located with the Hardscape North America conference. In addition to introducing their brand to the North American market, Sunseeker is debuting their newest and most technologically ambitious wireless robotic lawnmower, the Platform X.

Platform X represents the pinnacle of Sunseeker’s fleet, boasting cutting-edge technology. It incorporates three pivotal features, which will make this particular new product a must-have for lawn care: Real-time Kinematic (RTK) for precision boundary tracking within a remarkable 2-centimeter margin, Virtual Simultaneous Localization and Mapping (VSLAM), and an Artificial Intelligence Sense System (AISS).

These three seamlessly integrated technologies collaborate to enable multi-zone management, establish perimeter wire free boundaries, and navigate around obstacles. RTK takes the lead as the primary function, handling the majority of tasks. However, in scenarios where Platform X encounters obstructive elements such as dense bushes that could potentially weaken the signal, disrupt connectivity, or induce disorientation, the VSLAM and AISS systems step in to ensure there are no issues with the Platform X completing its job.

Sunseeker has a solid reputation built on over 15 years of factory expertise, securing more than 300 product patents and a growing team of seasoned R&D professionals. Already an established and trusted resource for suburban landscapes globally, Sunseeker has now turned their sights to North America, offering untapped potential to every homeowner and landscaper with its wide range of products, from weather proof backpack batteries, grass trimmers, and brush cutters to ergonomically handled hedge trimmers, chainsaws and turbo boost function handheld blowers, making autumn leaf removal easier, but also fun.

Harnessing the power of cutting-edge technology to provide quality products for both commercial use and consumers, Sunseeker’s Platform X flagship for its North American market debut also gives the combined collective capability of the three technical features in that innovative new product to each and every buyer, whatever their lawn care experience. This comprehensive 3-in-1 system not only enhances the stability of Platform X but also significantly reduces the risk of it becoming disoriented or lost, and ensures Platform X remains in control even in challenging situations, so is the right choice for every user, whatever their level of experience or age.

But that’s not all the Sunseeker Platform X offers. It also includes dual cutting plates, with a cutting width of 14 inch (36 centimeters), and Auto Height Adjustment between 0.8-4.0 inch (2-10 millimeters). The Platform X also offers all-wheel drive, including slope climbing capabilities of 35°, or 70% slope grade, to combat rugged terrain. The Platform X has remote app control alongside Google and Amazon voice control connectivity to activate even when its users are far away. It has a smart visual-based quick return to its stand when it is alerted to low battery, and its low noise design (under 55 decibels) for night time gardeners, auto charger to ensure non-stop performance, rain sensor, and LED light all make this is a top of the market, efficient and user-friendly product offering for the North American market.

Justin Novosel, EVP and GM of North American Operations for Sunseeker US, said: "Sunseeker aims to keep pushing the boundary to bring the latest technologies in power garden equipment. Our Platform X brings a unique combination of technology that works together to make it a truly revolutionary product that’s been designed with consumers and commercial users in mind. With many landscape and lawncare enthusiasts and professionals now considering investing in a robot or autonomous lawn mower, we are pleased to present the Sunseeker Platform X to North America for the very first time. It’s not only going to be the best purchase you ever make, it will be a product that serves you and your outdoor oasis for a long time."

Sunseeker will be at Hardscape North America at the Equip Exposition in indoor booth number 1160, and outdoor booth number 7460D, showcasing its Platform X robot lawn mower, alongside other products. Come and see the Platform X’s three model options which accommodate lawn sizes, from 3/4 acre all the way up to 3 acre, and have an anticipated MSRP of ¾ acre: $2399, 1.5 acre: $2999, and 3 acres: $3999.

To see the wide range of innovative, yet truly affordable professional products Sunseeker is also bringing to North America, and to find the best one for your needs, visit https://sunseekertools.com/

About Sunseeker:

Established in 2009, Sunseeker emerged from a deep appreciation for the potential of outdoor spaces and a visionary outlook that transcends conventional landscaping. Our founders envisioned a realm where artistry met cutting-edge technology, redefining how individuals interact with their surroundings. Sunseeker unites homeowners and landscapers, offering tools that empower them to innovate and transform their outdoor spaces in ways previously unimagined. As a high-tech enterprise, we specialize in intelligent equipment, robotics, and IoT technology.

Source : SUNSEEKER to Make Their US Debut at Hardscape North America

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

Tadhamon Bank gears up for the open banking era with Azentio Software's iMAL R14.5

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iMAL latest version to accelerate digital transformation and deliver a seamless omnichannel experience

SINGAPORE, Oct. 16, 2023 /PRNewswire/ — Azentio Software ("Azentio"), a Singapore-headquartered technology firm owned by funds advised by Apax Partners announced today that Yemen-based Tadhamon Bank, one of the largest Islamic financial institutions in the Middle East and North Africa (MENA) region, upgraded to and is live with the latest version of iMAL, Azentio’s industry-leading digital Islamic core banking platform.

This cutting-edge version of iMAL with its key business functionalities and a flexible and agile core processing engine will accelerate Tadhamon Bank’s transformation to a digitally advanced bank. iMAL’s multi-threading proficiencies at various levels, will deliver high data volume processing capabilities and enable parallel processing of records. Its web services features will power seamless integration with multiple connected channels. These leading features will maximize agility in the bank’s internal operations, enable interoperability across systems, facilitate business scalability, and speed up time to market for new products. The bank can drive digital innovation and resource efficiency to create new opportunities for its business.

Qasem Mohammed, IT Manager at Tadhamon Bank, said, "Our bank has been running on iMAL since 2010. We acknowledge the contribution of the platform in our eventful and successful journey so far. Islamic banking is now on the cusp of a digital revolution, and in this context, with the upgrade to iMAL R14.5, we intend to leverage the best of digital banking features to meet the ever-rising expectations of our customers. The upgrade also includes several specific features that will help us smoothly adhere to the evolving regulatory regime governing Islamic finance, a critical requirement for us in a fiercely competitive segment."

L Guru Raghavendran, Senior Vice President, Banking & Capital Markets at Azentio, added, "We take great pride in our enduring partnership with Tadhamon Bank and our role in their transformation into a leading Islamic financial services provider in the region. The bank’s transition to iMAL R14.5, a cloud-ready solution built on an open platform with extensive functionalities, is poised to revolutionize digital banking for millions of customers while upholding the highest standards of Sharia compliance."

Digital transformation is at the core of this upgrade. Tadhamon Bank can now serve more regions in Yemen without adding new physical branches and can better its service standards by offering frictionless customer experiences.

iMAL is the first and only software certified by the Accounting & Auditing Organization for Islamic Financial Institutions (AAOIFI). The R14.5 version is cloud-enabled, fully scalable with an n-tier architecture, and supports open banking and digital transformation; providing a truly omnichannel experience, by leveraging artificial intelligence (AI), blockchain, and other new technologies. Click here to learn more about iMAL.

Source : Tadhamon Bank gears up for the open banking era with Azentio Software's iMAL R14.5

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

Go Global or Go Home: New Report Reveals Companies Lacking Global Presence Will Lose Growth Opportunities

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G-P’s 2023 Global Growth Report finds 4 out of 5 employees are ready to work for global organizations, but executives may not be prepared to lead global teams

BOSTON and PARIS, Oct. 16, 2023 /PRNewswire/ — G-P (Globalization Partners), the pioneer and recognized leader in the global employment industry, known for setting the standard in global employment compliance, today released the inaugural ‘Global Growth Report: The Rise of the Everywhere Workforce’. The report found that despite economic uncertainty, 73% of C-suite executives are focused on growing their organization over the next year. However, growth requires skilled talent that leaders often can’t find locally, pushing them to look beyond borders to source success.

The G-P 2023 Global Growth Report brings together perspectives from 2,500 executive leaders and 5,500 employed professionals worldwide, uncovering expectations and employee sentiments in the evolving business landscape, along with informing strategies and best practices to become a globally-minded, employee-centric leader.

"Business growth is no longer a linear journey. For organizations to thrive amid today’s ever-evolving market dynamics, businesses, and their leaders, need to constantly evolve. Adopting a global mindset is key to navigating change, driving innovation and developing new business models," said Nicole Sahin, CEO of G-P.

"But having a global mindset alone is not enough," continued Sahin. "Leaders need to create a holistic business environment that supports an everywhere workforce. There needs to be a convergence of global mindset, human expertise and powerful technology to navigate the intricacies of global growth in order to realize optimal innovation, create global growth opportunity and gain a competitive edge."

Top findings of the report include:

State of the Everywhere Workforce: More than half of employees worldwide (58%) are already searching for a new job, or plan to do so within the next six months. 88% of those employees report wanting to work for a global company. Attracting Top Talent: More than three-quarters (77%) of executives worldwide say identifying skilled talent in their current markets is a problem, and 72% are considering hiring internationally as a solution to their talent needs. Ideal Qualities for Leaders: Over half (56%) of employees list the ability to adapt and remain flexible as the most important quality needed to successfully lead a global team. Leveraging AI: 93% of employees are excited about potential uses of AI at work. As companies look to expand, 48% of executives—as well as 45% of employees—believe AI can improve predicting business challenges in prospective new markets.

Download the G-P Global Growth Report here to learn more about the opportunities and challenges of global growth.

For more information on how global growth technology can help achieve business goals, visit: www.g-p.com.

About G-P

G-P is the pioneer and recognized leader of the global employment industry and has delivered world-class global compliance and workforce products designed to meet the needs of growing companies since 2012. G-P’s global growth platform is driven by the G-P MeridianTM Suite of SaaS-based global employment products. G-P helps thousands of customers build and manage teams quickly and compliantly in 180+ countries without navigating legal, tax or HR issues. To learn more, please visit: g-p.com or connect with us via Twitter, LinkedIn, Facebook, or check out our Blog.

Source : Go Global or Go Home: New Report Reveals Companies Lacking Global Presence Will Lose Growth Opportunities

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

New plans to expand Wendy's franchise in Central Asia set out by Kusto Group

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SINGAPORE, Oct. 16, 2023 /PRNewswire/ — New plans for expansion of the Wendy’s franchise in Central Asia have been set out today by industrial holding company Kusto Group.

Under the new plans, Kusto aims to open and operate 55 outlets across Uzbekistan and Kazakhstan by 2030, and will also introduce a Next Generation restaurant layout and innovative AI-based drive-thru in Kazakhstan by Q2 2024, setting the stage for a new era of fast-food dining in the region.

The news was announced by Yerkin Tatishev, Founder and Chairman of Kusto Group, who attended Wendy’s Annual Franchise Convention in Washington D.C. in October 2023. The convention brought together franchise leaders from around the world to discuss business priorities and celebrate the brand’s 54 years of success. At the convention, Tatishev engaged with Wendy’s executives to outline Kusto’s expansion plans for the Wendy’s franchise in Central Asia. He also visited Wendy’s HQ in Dublin, Ohio, to discuss and learn more about the latest innovative technologies and cutting-edge initiatives.

Wendy’s, a prominent US-based fast-food restaurant chain, has experienced significant global expansion in recent years, solidifying its position as the third most successful ‘quick service restaurant’ franchise in the burger category worldwide. With a presence in 32 countries, Wendy’s has made strategic moves to enter new markets, including Central Asia, Australia, and Saudi Arabia. This has led Wendy’s to enter into franchise agreements with successful global companies like Kusto Group to expand its footprint in Central Asia.

This global expansion not only signifies Wendy’s and Kusto Group’s commitment to reaching new markets but also highlights their dedication to providing exceptional service and embracing innovative solutions for the future of fast food.

Source : New plans to expand Wendy's franchise in Central Asia set out by Kusto Group

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

Abbisko presented two preclinical research results at the 35th International Molecular Targets and Cancer Treatment Conference (EORTC-NCI-AACR)

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SHANGHAI, Oct. 16, 2023 /PRNewswire/ — Abbisko Therapeutics Co., Ltd. ("Abbisko" hereafter) announced that the results of the company’s two preclinical studies published at the 35th International Molecular Targets and Cancer Treatment Conference (EORTC) be held in Boston, U.S.. These two research results respectively demonstrate the latest preclinical research progress of the next generation of PRMT5*MTA inhibitors and small molecule brain penetrant PD-L1 inhibitors in Abbisko’s pipeline. As the world’s highest-quality research conference focusing on molecular targeting and tumor treatment, the ENA conference collects the most cutting-edge researches on innovative drugs and therapies in the field of tumor treatment.

Abbisko presented the following posters at the ENA conference:

Title: Discovery and characterization of an MTA-cooperative and brain-penetrant PRMT5 inhibitor

Poster number: C130

Session date and time: Saturday, October 14 | 12:30 pm-4:00 pm

Session location: Level 2, Exhibit Hall D

Background: MTAP is homozygous deleted in ~50% in glioblastoma and many other cancers. PRMT5*MTA inhibition has been shown to be synthetic lethal with MTAP deletion. First generation PRMT5 inhibitors could not distinguish between PRMT5*MTA or PRMT5 alone, thus limited by their shallow therapeutic windows in clinical use. Development of selective PRMT5*MTA inhibitors may improve not only safety but also therapeutic efficacy. Leveraging advanced computation-aided structural analysis and medicinal chemistry design, we have discovered a potent and selective MTA-cooperative and brain-penetrable PRMT5 inhibitor ABK-PRMT5-1, which demonstrates strong anti-tumor activity and brain-penetrating activity in various preclinical models.

Conclusion:

ABSK-PRMT5-1 strongly inhibits cell proliferation in MTAP-deleted cancer cell lines, with minimal effects on MTAP wildtype cell lines. Furthermore, it significantly reduces SDMA in MTAP-deleted cancer cell lines. Oral administration of ABSK-PRMT5-1 strongly inhibits tumor growth in MTAP-deleted xenograft tumor models. In addition, ABSK-PRMT5-1 demonstrates strong brain penetration with excellent Kp values in animals. DMPK and safety profiling shows good overall drug-like properties of ABK-PRMT5-1. ABK-PRMT5-1, presented here by Abbisko Therapeutics, is a highly selective MTA-cooperative and brain-penetrable PRMT5 inhibitor. Its superior profile supports fast-track preclinical development.

Title: Discovery and characterization of a novel small molecule brain penetrant PD-L1 inhibitor

Poster number : B151

Session date and time: Friday, October 13 | 12:30 pm-4:00 pm

Session location: Level 2, Exhibit Hall D

Background: Immunotherapy has revolutionized cancer treatment in the last decade. Several monoclonal PD-1 and PD-L1 antibodies have been approved for treating various cancers. Small molecule PD-L1 inhibitors with brain-penetrating ability may have potential to overcome the limitations of antibodies and bring benefit for patients with intracranial tumors. Leveraging advanced computation-aided structural analysis and medicinal chemistry design, we have successfully discovered an innovative orally available small molecule PD-L1 inhibitor ABSK044. In preclinical experiments, this compound demonstrates robust T-cell activating ability, strong anti-tumor efficacy, and brain-penetrating activity.

Conclusion:

ABSK044 strongly inhibits PD-1-PD-L1 interaction with an IC50 less than 1nM in vitro and very potently rescues PD-L1-induced suppression of T cell activation signaling in cells. Furthermore, it efficiently rescues cytokine production in CD8+ T cells suppressed by PD-L1, reaching a level comparable to that of PD-L1 antibodies. In in vivo studies, oral administration of ABSK044 strongly inhibits tumor growth to an extent similar to therapeutic anti-PD-L1 antibodies. Notably, ABSK044 demonstrates excellent brain penetration with a Kp value exceeding 0.4. DMPK and safety profiling demonstrate excellent drug-like properties of ABSK044.

ABSK044, presented here by Abbisko Therapeutics, is a highly potent and orally available small molecule PD-L1 antagonist with brain-penetrating activity. Its superior profile supports its fast-track preclinical development.

Source : Abbisko presented two preclinical research results at the 35th International Molecular Targets and Cancer Treatment Conference (EORTC-NCI-AACR)

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

JUMPSTARTER 2023 Tech by the Harbour to Unveil in Hong Kong This November

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Cindy Chow, Executive Director and Chief Executive Officer of Alibaba Hong Kong Entrepreneurs Fund and Frank Fang, General Manager, Head of Commercial Banking, Hong Kong and Macau at HSBC, announced the arrangements for the JUMPSTARTER 2023 Global Pitch Competition Grand Finale and the JUMPSTARTER 2023 Tech by the Harbour event this year.


Two Weeks of Public Events Embellishing Victoria Harbour with Tech and Art JUMPSTARTER Top 30 Finalists to Compete for Share of HK$1 million in Cash Prizes

HONG KONG, Oct. 16, 2023 /PRNewswire/ — The 6th Alibaba Entrepreneur Fund/HSBC JUMPSTARTER 2023 Global Pitch Competition ("JUMPSTARTER 2023") is in full swing. After numerous rounds of pitching, the top 30 teams have been shortlisted and the Grand Finale will be held on November 16-17 at the harbourfront of Hong Kong Cultural Centre, where the teams will compete for the Top Winner title and other honours, with cash prizes totalling HK$1 million.


Cindy Chow, Executive Director and Chief Executive Officer of Alibaba Hong Kong Entrepreneurs Fund and Frank Fang, General Manager, Head of Commercial Banking, Hong Kong and Macau at HSBC, announced the arrangements for the JUMPSTARTER 2023 Global Pitch Competition Grand Finale and the JUMPSTARTER 2023 Tech by the Harbour event this year.

In addition to the Grand Finale, JUMPSTARTER 2023 will also bring technology, culture and art from around the world to Hong Kong this year. A large-scale innovation festival named JUMPSTARTER 2023 Tech by the Harbour will be held along Hong Kong’s iconic Tsim Sha Tsui harbourfront, where a series of offline interactive activities will take place during the period of November 8-19.

"As JUMPSTARTER celebrates its sixth edition, we continue to push boundaries this year by organising a two-week Tech by the Harbour event against the stunning backdrop of the Tsim Sha Tsui harbourfront in Hong Kong. We hope to create a dynamic platform where innovations and creativity from around the world converge, while providing the public with an interactive and fun experience that showcases the latest trends in innovation. AEF believes that startups are the driving force behind the development of our society and we hope that JUMPSTARTER will continue to be an important stage for them to seek recognition by the market and investors. We are also looking forward to the Tech by the Harbour event, which will allow the public to witness and immerse themselves in the captivating world of global innovation and technology," said Cindy Chow, Executive Director and Chief Executive Officer of AEF.

"Hong Kong’s maturing innovation and technology ecosystem has enabled start-ups and tech ventures to fully utilise their competitive advantages and develop strategic foothold in the Greater Bay Area and beyond. At HSBC, we strive to connect businesses in various stages of their lifecycle to emerging opportunities from the ever-changing economy. We are pleased that HSBC once again partners with Alibaba Entrepreneurs Fund in the JUMPSTARTER Global Pitch Competition and Tech by the Harbour to springboard promising start-ups to exciting new heights and inspire the wider community with innovative ideas," said Frank Fang, General Manager, Head of Commercial Banking, Hong Kong and Macau at HSBC.

JUMPSTARTER 2023 attracts over 1,000 startups from 85 countries and regions

Alibaba Hong Kong Entrepreneurs Fund (AEF), the organizer of the annual JUMPSTARTER events, expanded this year’s edition to cover eight industry focuses in light of the latest development trend in the startup sector. Apart from continuing to cover Sustainability, Healthcare, Fintech, Art-Tech and Deep Tech/AI & Data/Robotics, the competition this year has added new categories including Biotech/Life Science, Industry 4.0 and Web 3.0. In terms of awards, in addition to the first prize, there will be the Top Innovation Award (two winners), Social Impact Award, Environmental Impact Award, Diversity & Inclusivity Award, and Web 3.0 Innovator Award. Committed to identifying promising start-ups, AEF will evaluate all of the top 30 finalists for potential investment this year.

This year, JUMPSTARTER received over 1,000 applications from 85 countries and regions worldwide. The majority of the top 30 teams are from the Deep Tech/AI and Data/Robotics (six startups), Sustainability (six startups), Biotech/Life Science (five startups) and Healthcare (five startups) sectors. The judging panel of JUMPSTARTER 2023 considers it to be a reflection of the fact that these industries are leading the development of the startup market, and also represent the enormous development opportunities in the relevant industries.

In terms of regions, 57% of the shortlisted teams come from Hong Kong, China (17 startups), 17% from mainland China (five startups), and 10% from Singapore (three startups). There are also notable entries from regions as far as Africa.

Tech by the Habour to showcase startups through virtual reality, light and shadow, and robotics

JUMPSTARTER 2023 Tech by the Harbour will be taking place along the iconic Tsim Sha Tsui harbourfront during November 8-19, integrating various innovative technologies and cultural art forms against the backdrop of the world-renowned Victoria Harbour. Activities include Vision by the Harbour, a technology exhibition showcasing this year’s JUMPSTARTER top 30 teams and selective innovative projects from Hong Kong. Visitors can even experience the world’s first VR version of "Squid Game" developed by Sandbox VR, an investee of AEF.

Additionally, international and local creative teams WOW and Way of Difference have collaborated for the first time to curate Art Tech Park, an art installation that combines captivating visual art with cutting-edge technology innovation. This abstract expression represents Hong Kong’s distinctive elements, including skyscrapers, the Victoria Harbour, and multiculturalism, merging them together to showcase the pulse and vitality of Hong Kong’s skyline.

Robotics by the Harbour will feature a spectacular performance with a collection of more than 80 robots from nine different categories, making it the largest robotic performance in the city to date. On the other hand, the global networking platform "StartMeetUp" will provide a platform for startups to exchange ideas and interact with each other.

In addition, the JUMPSTARTER 2023 Grand Finale will take place during Tech by the Harbour from 16 to 17 November. The public can witness for themselves the innovative ideas of the top 30 finalists. Industry experts, entrepreneurs and opinion leaders from around the world will be invited to attend the event to share their entrepreneurial experiences and tips for success. The speakers include Jingren Zhou, CTO of Alibaba Cloud Intelligence Group, Elia Timotheo, Co-founder and CEO of East Africa Fruits, an ag-tech food distribution company from Tanzania which won the first prize in the 2022 Africa’s Business Heroes Prize Competition sponsored by the Jack Ma Foundation and Alibaba Foundation, Professor Chen Zhiwei, Director of the AIDS Institute, Professor of Department of Microbiology, HKUMed, and Adam Mendelsohn, Chief Executive Officer of Vivani Medical, a biopharmaceutical company.

Please refer to below appendix on the top 30 JUMPSTARTER 2023 finalists. For more information about JUMPSTARTER 2023 Tech by the Harbour, please visit www.jumpstarter.hk.

About Alibaba Hong Kong Entrepreneurs Fund

Alibaba Hong Kong Entrepreneurs Fund ("AEF") is a non-profit initiative launched by Alibaba Group in 2015. To vitalize the development of innovation and technology, AEF’s mission is to help Hong Kong entrepreneurs and young people realize their dreams and visions for a Hong Kong that is vibrant and engaged regionally and globally. As part of its investment program, AEF provides Hong Kong-based entrepreneurs with investment capital and strategic guidance to help them grow their businesses and penetrate the mainland Chinese and global markets, by utilizing Alibaba’s ecosystem. For more information, please visit the website: http://ent-fund.org.

About JUMPSTARTER

JUMPSTARTER is a not-for-profit initiative created by Alibaba Hong Kong Entrepreneurs Fund that provides a platform for all entrepreneurs and young people to jump start their dreams in Hong Kong. It is a first-of-its-kind startup event focused exclusively on showcasing quality startups and providing high-impact networking opportunities. Its goal is to build, empower and boost Hong Kong’s startup ecosystem and entrepreneurship by bringing entrepreneurs, corporations, investors and the public together, helping to transform Hong Kong into a leading hub for global innovation and technology. For more information, please visit the website: https://www.jumpstarter.hk/.

Source : JUMPSTARTER 2023 Tech by the Harbour to Unveil in Hong Kong This November

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