finbotsAI’s credit modelling solution, creditX, will help EDOMx to build high quality credit scorecards faster, enabling more accurate risk profiling & responsible lending.

SINGAPORE and NAIROBI, Kenya, Oct. 10, 2023 /PRNewswire/ — EDOMx, a Delaware entity with Kenyan operations with a vision to enhance impact-based and thoughtful consumer credit, announced signing an agreement with Singapore-headquartered B2B SaaS FinTech, finbotsAI, to enable credit risk management using AI.

Renowned for its Mobile Money Buy Now Pay Later (BNPL) service FARAJA, which is offered to M-PESA customers and businesses in partnership with Safaricom, EDOMx becomes a pioneering adopter of cutting-edge AI-based credit risk solutions a key pillar of its business.

With creditX, finbotsAI’s AI-powered credit modelling solution, EDOMx aims to utilize advanced machine learning and AI-based algorithms to develop high accuracy scorecards that are better at quantifying risk. Additionally, creditX empowers EDOMx to develop new or refreshed custom credit models on demand, instead of spending months building them or relying on generic market scorecards.

With these new capabilities, EDOMx will be able to lend to more customers with reduced risk, resulting in responsible lending growth while scaling financial inclusion efforts.

EDOMx selected finbotsAI after an extensive evaluation of the solution. This included a Proof-of-Concept where finbotsAI built custom scorecards on creditX using EDOMx’s historical data.

"Utilizing AI technology for credit scoring aligns perfectly with our mission to provide ethical and inclusive financial services to our customers. The partnership with finbotsAI empowers us to make more accurate lending decisions, which will ultimately benefit Kenya," said Julian Kyula, Founder of EDOMx.

Samson Mutisya, Growth Director (Africa) of finbotsAI, emphasized the transformative potential of the partnership, saying, "We are proud to expand our fast-growing client base in Africa, with a marketing innovator like EDOMx. We have seen enormous success in enabling lenders to drive financial inclusion responsibly. This partnership underpins the growing demand in Africa for sophisticated technology solutions that enable economic growth and solve legacy challenges."

This milestone also marks finbotsAI’s entry into Kenya. finbotsAI’s fast growing client base now stretches to 11 countries across APAC and MEA markets.

About EDOMx

EDOMx is a Delaware entity with operations in Kenya with ambition to expand across Africa and in the USA. It is an ethical and inclusive financial services and consumer technologies company purposed on identifying high value opportunities, addressing critical challenges and transforming lives by leveraging on experience, expertise and close collaborations across private, public and non-profit sectors.

With its flagship product FARAJA, EDOMx is spearheading a shift towards creating comprehensive solutions that demonstrably fix practical problems by broadening access to Digital Financial Services.

About finbotsAI

finbotsAI is an Accel Portfolio FinTech company with a mission to help lenders drive profitable lending and financial inclusion with creditX, our AI-powered platform to rapidly build high accuracy risk scorecards.

creditX is used by lenders across 4 regions, specifically Africa, Middle East, APAC and Australia, and by the full spectrum of lending companies, including digital banks, SME lenders, agri-lenders, consumer lenders and Credit Bureaus.

finbotsAI has been recognised among ‘Top 10 FinTechs in Singapore’ at the Monetary Authority of Singapore (MAS) FinTech Awards 2022. The FinTech is also part of PwC’s Partner Programme and a Featured Partner for Tata Consultancy Services.

finbotsAI is amongst one of the first FinTechs to have completed AI Verify, the world’s first AI Governance testing framework and toolkit developed by Singapore Government’s IMDA (Infocomm Media Development Authority) and PDPC (Personal Data Protection Commission).

finbotsAI is headquartered in Singapore and has offices in India (Hyderabad), the United Arab Emirates (Dubai), Indonesia (Jakarta) and Nairobi (Kenya).

For more information on finbotsAI, click here: https://www.finbots.ai/. 

Source : EDOMx Selects Singapore Fintech finbotsAI to Scale Faraja BNPL Business & Drive Financial Inclusion with High Accuracy AI-Powered Credit Decisioning

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TOKYO, Oct. 10, 2023 /PRNewswire/ — Driven by the opportunities arising from the energy transition and decarbonization trends, Bekaert and Toshiba Corporation’s energy arm, Toshiba Energy Systems & Solutions Corporation (Toshiba ESS), are accelerating their growth strategies in renewable energy markets, particularly in green hydrogen production utilizing Hydrogen Production Technology with Reduced Iridium[1] developed by Toshiba.

Recently Yves Kerstens, CEO of Bekaert, welcomed Taro Shimada, President and CEO of Toshiba to the Bekaert Headquarters in Zwevegem, Belgium, and they discussed cooperation opportunities in green hydrogen electrolysis technologies. Bekaert and Toshiba ESS signed a Memorandum of Understanding to formalize their commitment in developing a partnership by the end of this year.

Bekaert has a leading market position in Porous Transport Layers (PTL), a key component in the MEA of water electrolyzers, and has established a global commercial and manufacturing network.

Toshiba ESS is developing MEAs (Membrane Electrode Assembly) for high-performance, large-capacity PEM water electrolyzers. Toshiba ESS is proud of its iridium-saving technology, which reduces the amount of iridium, an expensive and rare precious metal, essential for MEA devices to one-tenth, while achieving high water electrolysis performance and durability.

Bekaert and Toshiba ESS and have agreed to study the possibility of a global partnership to jointly develop the production and sales of MEAs by leveraging their technological, manufacturing and commercial network strengths.

Yves Kerstens, CEO of Bekaert commented: "Bekaert has been successfully bringing new technologies to the green hydrogen market in the last few years and has a clear growth strategy for the coming years to meet global demand. We are delighted to be partnering with Toshiba, a prestigious name in many industries, including in renewable energy, and together to accelerate the use of green hydrogen to decarbonize industries globally."

Taro Shimada, President and CEO of Toshiba commented: "Toshiba has been a leader in hydrogen production technologies for many years. The rapidly-growing, global need for green hydrogen is evident and we are therefore excited to be partnering with Bekaert, a technology leader in PTL, to accelerate our talks towards joint development and sales of electrolyzer components."

About Bekaert

Bekaert’s ambition is to be the leading partner for shaping the way we live and move, and to always do this in a way that is safe, smart, and sustainable. As a global market and technology leader in material science of steel wire transformation and coating technologies, Bekaert also applies its expertise beyond steel to create new solutions with innovative materials and services for markets including new mobility, low-carbon construction, and green energy. Founded in 1880, with its headquarters in Belgium, Bekaert (Euronext Brussels, BEKB) is a global company whose 27 000 employees worldwide together generated almost € 7 billion in combined revenue in 2022.

About Bekaert Hydrogen

Bekaert’s ultrathin metal fiber porous media are used as porous transport layers enhancing the durability and performance of electrochemical devices such as water electrolyzers for the production of green hydrogen. Bekaert has established a technology and market leadership position in Porous Transport Layers (PTL) for both PEM and AEM electrolyzers with the brandname Currento®. The company invests in the development of next generations of innovative solutions for green hydrogen production as well as in expanding its production footprint to multiple GW capacity over the coming years.

About Toshiba ESS

Toshiba Energy Systems & Solutions Corporation (Toshiba ESS), a wholly owned subsidiary of Toshiba Corporation, handles Toshiba Group’s energy businesses. With its long experience and expertise in a wide range of power generation and transmission systems, and in energy management technologies, the company delivers innovative, reliable, and efficient energy solutions across the globe. Toshiba ESS was separated from Toshiba in October 2017.

Find out more about Toshiba ESS at https://www.global.toshiba/ww/company/energy.html

About Toshiba

Toshiba Corporation leads a global group of companies that combines knowledge and capabilities from almost 150 years of experience in a wide range of businesses—from energy and social infrastructure to electronic devices—with world-class capabilities in information processing, digital and AI technologies. These distinctive strengths support Toshiba in building infrastructure that everyone can enjoy, and a connected data society, and in achieving the Company’s ultimate goal, a future that realizes carbon neutrality and a circular economy. Guided by the Basic Commitment of the Toshiba Group, "Committed to People, Committed to the Future," Toshiba contributes to society’s positive development with services and solutions that lead to a better world. The Group and its 110,000 employees worldwide secured annual sales of 3.4 trillion yen (US$25.1 billion) in fiscal year 2022. Find out more about Toshiba at https://www.global.toshiba/ww/top.html

[1] Toshiba’s New Large-scale Production Technology for Electrolysis Electrodes for Hydrogen Production from Renewables Cuts Iridium Use to 1/10-Promoting PEM water electrolyzers for power to gas technology that will contribute to realization of a hydrogen economy

Source : Bekaert and Toshiba sign Memorandum of Understanding to develop global partnership around MEA for PEM electrolysis

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TAIZHOU, China, Oct. 10, 2023 /PRNewswire/ — On October 8, 2023, Dr. Deckster Tonny SAVADYE, CEO of Zimbabwe NBA, and Dr. Yang Yili, International Centre for Genetic Engineering and Biotechnology China Regional Research Centre(ICGEB), visited Recbio. Dr. SAVADYE and his team conducted an on-the-spot investigation of the manufacturing facilities for the COVID-19/Shingles vaccine and HPV vaccine at Recbio. Witnessed by the leaders of Taizhou Pharmaceutical High-tech Industrial Park, the three parties jointly signed a strategic cooperation agreement.

According to the agreement, Recbio will cooperate with ICGEB China Regional Research Center to provide technical support related to vaccine production in Zimbabwe, including personnel training, plant designing, clinical trials, sub-packaging technology, and stock solution technology transfer, etc., with COVID-19 vaccine as the entry point, and gradually expand to other vaccine varieties, contributing to localized vaccine production in Zimbabwe and Africa.

The signing of this contract marks that Recbio vaccine D&G and production technology platform and products have been recognized by more international organizations and countries. Recbio will actively implement the national "Belt and Road Initiative" and seize the overseas market layout of vaccines.

The Zimbabwe National Biotechnology Authority is a government agency established by legislation in 2006 to promote the application of traditional and cutting-edge biotechnology in the fields of medicine, agriculture, and others.

The International Centre for Genetic Engineering and Biotechnology (ICGEB) is an intergovernmental international scientific and technological organization founded in 1983 with the support of the United Nations Industrial Development Organization (UNIDO). Up to now, it has established interactive networks with more than 65 member States and has made outstanding achievements in scientific research, training, and technology transfer to industry.

About Recbio

Founded in 2012, Jiangsu Recbio Technology Co., Ltd. (hereinafter referred to as Recbio or the Company; stock code: 02179.HK) is an innovative vaccine company driven by self-developed technologies. We are dedicated to the R&D, production and commercialization of innovative vaccines, leveraging our core technology platforms (novel adjuvant, protein engineering, immunological evaluation). Staying true to the mission of "Protect human health with best-in-class vaccines", the Company has established high-value pipelines consisting of several blockbuster vaccines with proprietary rights to satisfy the huge unmet demands in the markets of high-burden diseases.                                                   

Through years of devotion to the vaccine industry, Recbio has developed three advanced innovative technology platforms, namely novel adjuvant, protein engineering and immunological evaluation platforms, and become one of the few companies in the world capable of developing novel adjuvant systems. We develop promising vaccine candidates constantly, taking advantage of the synergy between the novel adjuvant platform, optimized antigen designs, and immunological evaluation technologies. Recbio never ceases to optimize its technology platforms, and strives to achieve breakthroughs in mRNA vaccines using a joint venture model.                                                          

With robust R&D capacity, the Company has developed high-value innovative vaccine portfolios consisting of ten-odd differentiated vaccines, covering cervical cancer, shingles, COVID-19, TB and other high-burden diseases. Our core product REC603, a recombinant 9-valent HPV vaccine in Phase III clinical trial, shows great promise of becoming the first marketed domestic 9-valent HPV vaccine. Apart from that, ReCOV, a recombinant COVID-19 vaccine with its commercialization in the offing, has been recognized as one of the most competitive next-generation COVID-19 vaccines in the world. Recbio has a clear commercialization strategy aiming to penetrate the diversified global vaccine market.

Honed and refined for ten years, Recbio is going to reap the rewards as several products are approaching commercialization.

For more information, please visit https://www.recbio.cn/.

Forward-looking statements

This Press Release may contain projections, estimates, forecasts, targets, opinions, prospects, results, returns and forward-looking statements with respect to the financial condition, results of operations, capital position, strategy and business of the Group which can be identified by the use of forward-looking terminology such as "may", "will", "should", "expect", "anticipate", "project", "plan", "estimate", "seek", "intend", "target", "believe", "potential" and "reasonably possible" or the negatives thereof or other variations thereon or comparable terminology (collectively, "forward-looking statements"), including the strategic priorities, research and development projects, and any financial, investment and capital targets and any other targets, commitments and ambitions described in writing or verbally herein. Any such forward-looking statements are not a reliable indicator of future performance, as they may involve significant stated or implied assumptions and subjective judgements which may or may not prove to be correct, accurate or complete. There can be no assurance that any of the matters set out in the forward-looking statements are attainable, will actually occur or will be realised or are complete or accurate. The assumptions and judgments may prove to be incorrect, inaccurate or incomplete, and involve known and unknown risks, uncertainties, contingencies and other important actors, many of which are outside the control of the Group. There is also no assurance that the Group may develop or market its core products or other pipeline candidates successfully. Actual achievements, results, performance or other future events or conditions may differ materially from those stated, implied and/or reflected in any forward-looking statements due to a variety of risks, uncertainties and other factors (including without limitation general market conditions, regulatory changes, geopolitical tensions or data limitations and changes). Any such forward-looking statements are based on the beliefs, expectations and opinions of the Group at the date the statements are made, and the Group does not assume, and hereby disclaims, any obligation or duty to update, revise or supplement them if circumstances or management’s beliefs,  expectations or opinions should change. For these reasons, you should not place reliance on, and are expressly cautioned about relying on, any forward-looking statements. No representations or warranties, expressed or implied, are given by  or on behalf of the Group as to the achievement or reasonableness of any projections, estimates, forecasts, targets, commitments, prospects or returns contained herein.

Please refer to the announcements published by the Company on the websites of The Stock Exchange of Hong Kong Limited (www.hkexnew.hk) or of the Company (www.recbio.cn) for further details. If there is any inconsistency between this Presentation and the announcements, the announcements shall prevail.

Jiangsu Recbio Technology Co., Ltd.
Investor Inquiry:
Email: [email protected]
Tel: +86-0523-86818860

Media Inquiry:
Email: [email protected]
Tel: +86-0523-86818860

Related Links:
https://www.recbio.cn/ 

Source : Recbio signed a strategic cooperation agreement with Zimbabwe National Biotechnology Administration and ICGEB China Regional Research Centre

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SINGAPORE, Oct. 10, 2023 /PRNewswire/ — Fullerton Health & Connections MindHealth are pleased to announce the release of a Healthcare Brief that addresses critical challenges surrounding mental health in the workplace. Titled "A Framework for Action: Enhancing Mental Health in the Workplace", this comprehensive document delves into key challenges such as workplace awareness and acceptance, access to mental health professionals, and adequate financing for working adults. 

The paper underscores the pressing need for a paradigm shift in workplace mental health. Acknowledging current limitations in access to mental health professionals, Fullerton Health proposes a tiered care model for mental health at work, with a focus on primary care and workplace enablement.

We advocate for sustainable financing for mental health in the workplace leveraging a combination of employer-funded healthcare schemes and insurance, existing government schemes to alleviate out-of-pocket costs incurred by employees.

One of the key takeaways from the paper centers on helping employers assess their current level of workplace mental health maturity. By providing an objective gauge of their starting point, this empowers organizational leaders and HR professionals to make informed decisions about next steps in implementing workplace mental health initiatives.

Download the Healthcare Brief ‘A Framework for Action: Enhancing Mental Health in the Workplace’ at link.

Visit https://www.fullertonhealth.com/sg/fullerton-healths-white-paper-recommends-framework-for-action-to-enhance-mental-health-care-for-working-adults-in-singapore/ for more info.

About Fullerton Health

Founded in 2010, Fullerton Health is a leading vertically integrated healthcare platform in Asia Pacific with a proven track record of providing clients and patients with enterprise healthcare solutions. We own and operate an extensive network of healthcare facilities across 9 markets and partner with established and reputable healthcare providers in the region. We harness these resources to provide Affordable and Accessible Care for All in Asia Pacific.

Visit https://www.fullertonhealth.com/ for more information.

About Connections MindHealth

Connections MindHealth is a mental health clinic dedicated to guiding individuals and families on the path to mental wellness. Founded by a psychiatrist with years of experience, the clinic provides empathetic, tailored care to meet the unique needs of each patient. With a family-oriented approach, we offer dedicated services that promote understanding and foster harmony at home. We are committed to building a healthier tomorrow through strong connections and evidence-based treatments.

Visit https://connectionsmind.com/ for more information.

Source : Fullerton Health and Connections MindHealth Recommend a Framework for Action to Enhance Mental Health at the Workplace

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

MACAO, Oct. 10, 2023 /PRNewswire/ — Banyan Tree Spa Macau, a part of Galaxy Macau™ Integrated Resort, has once again been honored with prestigious accolades. Following its recent recognition as the recipient of the "Grand Jury Award" at the "SpaChina Wellness & Spa Awards 2023" hosted by the renowned Asian luxury spa publication, SpaChina, it has also secured the "Macao’s Best Resort Spa 2023" awards at the "World Spa Awards". This award-winning spa sanctuary is set to elevate its hair salon and nail services, while introducing the Urban Oasis spa package, offering an unparalleled rejuvenation journey during this golden autumn season.

The "World Spa Awards" and the " SpaChina Wellness & Spa Awards 2023" annual rankings stand as benchmarks in the global and Asian spa and wellness industry. The winners are meticulously evaluated and selected by spa experts, operators, and enthusiasts from around the world. Particularly, the "World Spa Awards", as a global list, aims to identify outstanding industrial leaders and promote the spa and wellness industry, thereby enhancing industry standards and fostering its development.

Banyan Tree Spa Macau certainly deserves the accolades. Located on the 2nd and 31st floors of Banyan Tree Macau, the spa boasts 21 double therapy suites, offering a wide range of spa services and health care products to provide guests with a comprehensive rejuvenating experience. Ms. Joanne Chan, General Manager of Banyan Tree Macau expressed her excitement for the industrial recognition and stated: "We are honored to receive the awards and the recognition from ‘World Spa Awards’ and SpaChina. All the therapists at Banyan Tree Spa Macau have received professional training at the Spa Academy in Phuket, Thailand, where they have well mastered the art of Thai massage. They also embrace the ‘A Sanctuary for the Senses’ philosophy of Banyan Tree Spa to provide a seamless experience for every guest. This philosophy aligns perfectly with Galaxy Macau’s enduring commitment to the ‘World Class Asian Heart’ ethos that we consistently uphold. We remain dedicated to maintaining these standards as we strive for even greater achievements."

Starting from now and running until November 15th, Banyan Tree Spa Macau is offering the "Urban Oasis" spa package, allowing guests to relax and unwind guided by the skilled of therapists in a lush tropical garden setting. This 135-minute rejuvenation journey begins with a Steam Bath and Rain Shower, accompanied by Cleansing Scrub and Nourisher, allowing warmth to slowly permeate the body, providing a refreshing and invigorating sensation. Followed by Urban Relief Massage, which utilizes acupressure points and muscle fascia massage techniques to deeply relieve accumulated stress and tension, restoring physical and mental vitality. In the midst of a busy daily routine, guests can steal a moment to indulge in the delightful bliss brought by "Urban Oasis".

Furthermore, Banyan Tree Spa Macau has recently upgraded its hair salon and nail services, offering services such as hair cutting and styling, manicure and pedicure, and makeup. All experiences are tailored by highly skilled and experienced hairstylists and nail artists, allowing guests to radiate beauty and confidence from the inside out.

For more information about Banyan Tree Spa Macau and its offerings, please call +853 8883 6633.

Banyan Tree Spa Macau wins "Macao’s Best Resort Spa Award 2023" award at the "World Spa Awards"

Banyan Tree Spa Macau wins “Grand Jury Award" at the "SpaChina Wellness & Spa Awards 2023". Ms. Joanne Chan, General Manager of Banyan Tree Macau, and Ms. Mandy Chong, Director of Banyan Tree Spa Macau, pose for a photograph with Mr. Angus Wynne, Chief Strategy Officer of Forbes

Tropical garden setting at Banyan Tree Spa Macau

“Urban Oasis” Spa Package

Salon and manicure services at Banyan Tree Spa Macau

About Galaxy Macau Integrated Resort

Galaxy Macau™, The World-class Luxury Integrated Resort delivers the "Most Spectacular Entertainment and Leisure Destination in the World". Developed at an investment of HK$43 billion, the property covers 1.1 million square metres of unique entertainment and leisure attractions that are unlike anything else in Macau. Six award-winning world-class luxury hotels provide close to 4,000 rooms, suites and villas. They include Banyan Tree Macau, Galaxy Hotel™, Hotel Okura Macau, JW Marriott Hotel Macau, The Ritz-Carlton, Macau, Broadway Hotel. Unique to Galaxy Macau, the 75,000-square-meter Grand Resort Deck features the world’s longest Skytop Adventure Rapids at 575 metres, the largest Skytop Wave Pool with waves up to 1.5 metres high and 150-meter pristine white sand beach. Two five-star spas from Banyan Tree Spa Macau and The Ritz-Carlton Spa, Macau help guests relax and rejuvenate.

As the dining destination in Asia, Galaxy Macau offers a wide variety of gastronomic delights, exquisite experiences and ingredients of the finest quality with over 120 dining options from Michelin dining to authentic delicacies; Galaxy Promenade is the hottest shopping destination featuring the latest in fashion and curated experiences in Macau. Spanning over 100,000 square meters, luxury flagship stores, lifestyle boutiques and our selection of labels are among the more than 200 world-renowned brands for a world-class shopping journey; Galaxy Cinemas, a 10-theatre 3D Cineplex boasting 4K laser projection; CHINA ROUGE, one-of-a-kind deluxe lounge that evokes the glitz and glamor of Shanghai’s golden era with entertainment in luxury and style; and Foot Hub presents the traditional art of reflexology to make you feel more relaxed and revitalized. For Authentic Macau Flavours & Vibrant Asian Experiences, Broadway Macau – just a 90-second walk via a bridge from Galaxy Macau, has over 40 different Authentic Macau & Asian Flavours at its Broadway Food Street. The 2,500-seat Broadway Theatre plays host to world-class entertainers and a diverse array of cultural events. Meeting, incentive and banquet groups are also well looked after with a portfolio of unique venues in Galaxy Macau and a professional service staff.

Galaxy Macau is set to begin a new chapter, with the opening of two world-class luxury hotels – Raffles at Galaxy Macau and Andaz Macau. Galaxy International Convention Center (GICC) is the latest addition to the Group’s ever-expanding integrated resort precinct and will usher in a new era for the MICE industry in Macau. GICC is a world-class event venue featuring 40,000 sqm of total flexible MICE, and a 16,000-seat Galaxy Arena – the largest indoor arena in Macau.

For more details, please visit www.galaxymacau.com, www.broadwaymacau.com.mo and www.galaxyicc.com.

For Media Enquiries:

Galaxy Entertainment Group – Media Relations, Marketing Services

Ms. Vicky Wu / Ms. Jennifer Hong / Ms. Karen Ng

Tel: +853 8883 8111 / +853 8886 8128 / +853 8883 8140 

Email: [email protected]

Source : Banyan Tree Spa Macau Garners International Acclaims Achieving Prestigious Honors at the "World Spa Awards" and "SpaChina Wellness & Spa Awards 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