Unlocking India’s Offshoring Advantage: Your Ultimate Guide for 2024

Why is India the world’s top choice for offshoring Our latest whitepaper, “Comprehensive Location Analysis for Offshoring Success: India,” digs deep into how this powerhouse nation is redefining the global offshoring landscape with its blend of technological expertise, economic resilience, and strategic regional hubs.

Key Highlights:

– Unmatched Talent Pool: With over 57% of the global offshoring market share, India’s workforce is second to none. Cities like Bengaluru, Hyderabad, and Pune lead the way in emerging technologies such as AI, automation, and cloud computing, making India the ultimate tech hub for offshoring.
– Strategic Government Incentives: Discover how India’s supportive government policies, tax incentives, and infrastructure development are accelerating growth across sectors, attracting businesses from around the globe.
– Manufacturing & Innovation Hubs: Gujarat and Tamil Nadu are more than just manufacturing giants—they’re evolving into innovation ecosystems with investments in electric vehicles, advanced electronics, and high-tech manufacturing.
– Future-Proof Infrastructure: From the Delhi-Mumbai Industrial Corridor to the Smart Cities Mission, India’s focus on digital and physical infrastructure ensures seamless operations, making it the go-to destination for offshoring success.
– Diverse Regional Strengths: The whitepaper offers a detailed analysis of why each region excels. Maharashtra’s dominance in finance, Tamil Nadu’s manufacturing edge, and Karnataka’s tech expertise show why India offers more than just cost savings—it offers strategic growth opportunities.

An Opportunity Unlike Any Other

This whitepaper doesn’t just highlight India’s strengths—it uncovers the winning strategies for businesses looking to thrive in the country’s dynamic offshoring landscape. Learn how global brands are successfully navigating India’s complex regulatory environment, leveraging government incentives, and embracing regional strengths to maximize growth. You’ll find real-world case studies of companies that have tapped into India’s vast talent pool, diverse sectors, and innovation hubs to scale their operations.

The real game-changer India’s Tier 2 and 3 cities, often overlooked, are rapidly emerging as the next hotbeds of growth, offering businesses untapped markets, cost efficiencies, and access to skilled talent outside the usual metros.

Why This Matters

India is not just about cost savings; it’s about gaining a strategic edge. By 2030, India’s offshoring industry is expected to reach $250 billion, driven by innovation, talent, and a dynamic business environment. Understanding these trends will put your business on the fast track to success.

About SRKay Consulting Group As experts in India’s evolving offshoring landscape, SRKay Consulting Group provides tailored Virtual Captive and Global Competency Center (GCC) solutions. We help businesses navigate the complexities of India’s diverse market, ensuring you capitalize on this thriving ecosystem with confidence. For more information, visit https://www.srkay.com.

Don’t miss the insights that could shape your offshoring strategy for years to come.

Download the Whitepaper and discover why India is the ultimate offshoring partner for your business in 2024!

Media contact:
komal@mianext.com 

CisgenX Awarded Smart Approved WaterMark Certification for Innovative Irrigation Solutions

Cisgenics, a global leader in intelligent irrigation solutions, has been awarded the prestigious Smart Approved WaterMark certification for its flagship product, CisgenX. This recognition highlights CisgenX’s commitment to sustainability, precision, and efficiency in water management.

CisgenX is transforming irrigation water requirements with a smart solution to provide the optimal amount of water for plants — which reduces water and energy costs. By utilising real-time data from Internet of Things sensors, the solution determines what the optimal requirements are to ensure efficient and effective water usage, contributing to healthier plants and sustainable landscapes.

“CisgenX offers a solution that not only conserves water but also supports businesses in meeting their sustainability goals,” said Sam Rebera, Managing Director of Cisgenics. “This certification validates our efforts to revolutionise water management with precision and innovation.”

Designed for ease of use, CisgenX’s technology is versatile and impactful, serving sectors such as agriculture, landscaping, sports fields, and urban green spaces. It reduces water consumption by 40% to 70% compared to traditional methods, making it a go-to solution for efficient water management.

For more information, visit cisgenics.com

About Cisgenics

Cisgenics is dedicated to revolutionising the irrigation industry through innovative, AI-powered solutions that optimise water and energy use, promote sustainability, and ensure the health and longevity of green assets worldwide. With more than 45 years of experience, Cisgenics combines deep industry knowledge with the latest technological advancements to offer precision, efficiency, and sustainability in water management. Visit cisgenics.com for more information.

For more information, please contact:
Illka Gobius
Managing Director
PINPOINT PR Pte. Ltd.
Email: illka@pinpointpr.global

Doubleview Provides Exploration Update at the Hat Polymetallic Mineral Deposit, 2024 Drilling Now Exceeds 7,500 m

Doubleview (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (“Doubleview” or the “Company”) is pleased to announce that the 2024 drilling program at the Hat polymetallic mineral deposit, located in Northern British Columbia, has now surpassed 7,500 meters and is continuing. The company anticipates receiving the first assay results of the 2024 drilling season in the very near future. The drilling program will expand the mineral resource, infill areas with limited drill data, and extend the lateral and depth boundaries of the existing resource envelope, which remains open in all directions and at depth.

The 2024 drill targets recognize the mineral resource block model from the recently completed Mineral Resource Estimate (MRE) and will increase the mineral resource and upgrade the confidence level of the resource categories. The drilling has met expectations, with visual results aligning with and confirming the block model’s projections. The Hat deposit hosts several critical minerals as defined in the Canadian Critical Minerals Strategy, including copper, cobalt and, potentially, scandium, and possibly others.

Farshad Shirvani, president & CEO of Doubleview, commented, “Year by year, the size of the Hat deposit has been increased by very targeted drilling, bringing it to a footprint of about 1.5km x 1.38km. Our technical and management team has excelled in this endeavor. Furthermore, we’ve discovered numerous additional elements within the Hat deposit that may become significant and enhance the resource: the Hat deposit may be unique among British Columbia’s many. Recent moves by the governments of Canada and British Columbia in recognize the importance of critical minerals and announce targeted infrastructure investments in support of our industry and the many communities and businesses that directly benefit.”

Selected Drill Results Prior to 2024 Exploration:

Every year Doubleview releases details of the year’s drilling and activities. The Company website maintains all relevant information. Visual estimates indicate that 2024 drilling has exceeded expectations and will further validate the resource model and increase the dimensions of the mineral resource envelope.

Table 1 provides previously announced key intersections, including copper equivalents and selected significant intercepts. These results, combined with the ongoing drilling program, are expected to further validate the Hat deposit’s resource model and increase the dimensions of the Hat mineral resource envelope.

Table 1: Selected drill results based on current commodity values applied in the resource estimate for the Hat deposit. For further details, refer to the full disclosure available on SEDAR+.

https://www.newsfilecorp.com/release/225206

Notes:

– Metal equivalents should not be relied upon for future evaluations.
– Drill hole intercepts included in this news release are core lengths that may or may not be true widths of mineralization. It is not possible to determine true widths.
– Parameters used to calculate Copper Equivalent:
Au price (US$/oz): 1900; Ag price (US$/oz): 24; Cu price (US$/lb): 4; Co price (US$/lb): 22.
Au recovery: 89.0%; Ag recovery: 68.0%; Cu recovery: 84.0%; Co recovery: 78.0%.

* Copper Equivalent Calculation
CuEq in % = ([Ag grade in ppm] *24*0.68/31.1035 + [Au grade in ppm] *1900*.89/31.1035 + 0.0001* [Co grade in ppm] *22*0.78*22.0462 + 0.0001* [Cu grade in ppm] *4*0.84*22.0462)/(4*22.0462*0.84). Scandium is not part of the copper equivalent calculation.

Core Samples

Drill cores are processed at the Hat camp by an initial of examination by a senior geologist followed by detailed measurement and half-core sampling. One core half is retained at site for possible future re-examination and/or re-sampling for confirmation purposes, the other half is given a unique identification number, bagged and securely forwarded to an independent ISO-certified analytical laboratory for assaying. All standard QA/QC protocols are observed. Significant drill hole data and assay results will be released when received from the laboratory.

Doubleview maintains a website at www.doubleview.ca. where previous assay results can be viewed.

Qualified Persons:

Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview’s Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed, and approved the technical contents of this news release. He is not independent of Doubleview as he is a shareholder in the company.

About Doubleview

A mineral resource exploration and development company is headquartered in Vancouver, British Columbia, Canada. It is publicly traded on the TSX-Venture Exchange [TSX-V: DBG], [OTCQB: DBLVF], [GER: A1W038], and [Frankfurt: 1D4]. Doubleview focuses on identifying, acquiring, and financing precious and base metal exploration projects across North America, with a strong emphasis on British Columbia. The company enhances shareholder value through the acquisition and exploration of high-quality gold, copper, cobalt, scandium, and silver projects-collectively critical minerals-utilizing cutting-edge exploration techniques.

Doubleview’s success is deeply rooted in the unwavering support of its long-term shareholders, supporters, and institutional investors. Their ongoing commitment has been instrumental in advancing the company’s strategic initiatives. Doubleview looks forward to further collaborative growth and development, and continues to welcome active participation from its valued stakeholders as the company expands its portfolio and strengthens its position in the critical minerals sector.

About the Hat Polymetallic Deposit

The Hat Deposit, located in northwestern British Columbia, is a polymetallic porphyry project with major resources of copper, gold, cobalt, and the potential for scandium. As one of the region’s significant sources of critical minerals, the Hat deposit has undergone targeted exploration and development. The 0.2% CuEq cut-off resource estimate, as of the recently completed Mineral Resource Estimate and the Company’s July 25, 2024 news release, is summarized below:

   Average GradeMetal Content
Open Pit Model HatResource CategoryTonnageCuEqCuCoAuAgCuEqCuCoAuAg
Mt%%%g/tg/tmillion lbmillion lbmillion lbthousand ozthousand oz
In PitIndicated1500.4080.2210.0080.190.421,353733289292,045
Inferred4770.3440.1850.0090.150.493,6191,945912,3287,575

Scandium potential for the Hat Deposit is estimated to be 300 to 500 million tonnes at an average grade of 40 ppm (0.004%) Sc2O3.

For further details, please refer to the Company’s July 25, 2024 news release.

On behalf of the Board of Directors,

Farshad Shirvani, President & Chief Executive Officer

For further information please contact:

Doubleview
Vancouver, BC Farshad Shirvani
President & CEO

Institutional Investor Line: (604) 607-5470

T: (604) 678-9587
E: corporate@doubleview.ca

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Certain of the statements made and information contained herein may constitute “forward-looking information.” In particular references to the Mineral Resource Estimate and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/225206

Ensign InfoSecurity Recognised as Honouree in NextGen Tech 30, ASEAN’s First Public-Private Initiative to Recognise Growth Companies of the Region

Ensign InfoSecurity (“Ensign”), one of Asia’s largest comprehensive cybersecurity service providers, has been named an honouree in the prestigious NextGen Tech 30, the region’s first initiative spotlighting home-grown growth stage companies transforming the ASEAN economy. Organised by Granite Asia in partnership with key players such as 65 Equity Partners, DBS Bank, EDBI, Infocomm Media Development Authority, KKR, Northstar Group, Singapore Business Federation and Singapore Exchange, NextGen Tech 30 identifies companies driving exceptional innovation and growth across Automation, Enterprise Solutions, and Food Tech & Brands.

Ensign’s recognition in the Enterprise Solutions category of the NextGen Tech 30 marks a significant milestone in its growth across ASEAN. This accolade reinforces the company’s leadership in cybersecurity innovation and its role in strengthening digital resilience across the region. Powered by its in-house research and development, Ensign delivers proprietary solutions designed to address the growing complexity of cyber threats. These technologies, underpinned by patented methodologies, provide cutting-edge protection for both public and private sector organisations.

Since its inception in 2018, Ensign has evolved into a world-class cybersecurity company with an Asia-first approach. Acting as a single point of accountability, Ensign provides a comprehensive, threat-informed suite of services spanning advisory, assurance, architecture design, systems integration, managed security, and incident response. Leveraging AI, data science, and deep threat analysis, the company delivers tailored solutions to address the specific cybersecurity challenges faced by its clients.

A key highlight of Ensign’s recent innovations is the launch of Aletheia, a cutting-edge deepfake detection solution designed to safeguard enterprises, governments and consumers from the growing threat of AI-manipulated media. Aletheia represents a significant advancement in cybersecurity, leveraging AI to detect deepfakes in real time, within seconds and achieving up to 90% accuracy.

“We are honoured to be named a NextGen Tech 30 honouree. This recognition underscores our dedication to pushing the boundaries of cybersecurity innovation while supporting the digital growth of the ASEAN economy. At Ensign, we are focused on developing AI-driven solutions that not only address today’s threats but also equip organisations to stay ahead of future challenges,” said Tammie Tham, Group Chief Executive Officer of Ensign InfoSecurity.

The NextGen Tech 30 is backed by a panel of esteemed industry leaders and investors including Mukul Chawla, Head of Asia Pacific Growth Equity at KKR; Kok Ping Soon, CEO of Singapore Business Federation; Jenny Lee, Senior Managing Partner of Granite Asia; Lew Chuen Hong, Chief Executive of Infocomm Media Development Authority; Paul Ng, CEO of EDBI; Ng Yao Loong, CFO of SGX Group; Tan Su Shan, Group Head of Institutional Banking at DBS Bank; Adrienne Teh, Managing Director of 65 Equity Partners; Wong Chee-Yann, Group CIO at Northstar Group, further cementing the significance of this accolade.

About Ensign InfoSecurity

Ensign InfoSecurity is the largest comprehensive cybersecurity service provider in Asia. Headquartered in Singapore, Ensign offers bespoke solutions and services to address their clients’ cybersecurity needs. Their core competencies are in the provision of cybersecurity advisory and assurance services, architecture design and systems integration services, and managed security services for advanced threat detection, threat hunting, and incident response. Underpinning these competencies is in-house research and development in cybersecurity. Ensign has two decades of proven track record as a trusted and relevant service provider, serving clients from the public and private sectors in the Asia Pacific region.

For more information, visit www.ensigninfosecurity.com or email media@ensigninfosecurity.com.

Lack of quality data and disconnected tech stack impacting Singapore businesses amid rising costs and competition: HubSpot Research

HubSpot, the customer platform for scaling businesses, has released new data showing that many Singapore companies are contending with insufficient quality data and a disjointed tech stack even as costs and competition continue to rise.

Andy Pitre, EVP of Product, HubSpot, launching Breeze at INBOUND 2024
Andy Pitre, EVP of Product, HubSpot, launching Breeze at INBOUND 2024

Go-to-market teams—marketing, sales, and service—hold the keys to customer happiness, revenue generation, and ultimately business growth. But today, GTM teams are struggling to keep up, let alone drive growth, thanks to intense competition, increasing costs to reach prospects and customers, and channel saturation. To make matters worse, their tech stacks are falling short.

Nearly half of Singapore businesses participating in a HubSpot survey cited high costs (44%) as their number one challenge, with one in five (22%) saying it’s the biggest challenge they are facing. This aligns with data from the Singapore Business Federation, which identified increasing manpower and utilities costs as key contributors to business expenses.

The survey also found that intense competition (39%), rising costs of reaching prospects and customers (35%), and channel saturation (34%) are impacting the ability of Singapore businesses to effectively attract and retain customers, potentially limiting their growth potential. Inability to compete against their peers could create additional pressures on Singapore businesses, especially with the country recently ranked the world’s most competitive economy worldwide.

While technology has traditionally been viewed among Singapore businesses as a tool to augment competitiveness and allow them to punch above their weight, barriers remain when it comes to quality data and a modern tech stack.

HubSpot’s findings indicate that less than half (43%) of Singapore businesses agree that their data and systems are effectively interconnected to provide a cohesive and comprehensive view of their customers. This can significantly increase complexity in managing customer interactions and experience, with the average business in Singapore needing to switch between more than 50 distinct applications just to manage customer interactions. As a result, many businesses may struggle to gain a consolidated view of their customers, leading to disconnected data and a suboptimal customer experience.

“Needing to switch between more than 50 applications to manage customer interactions is not only detrimental to efficiency, but could also lead to inaccuracies as businesses try to align insights across disparate data sources. Having a single source of truth for customer data is essential to build and maintain meaningful customer relationships,” said Dan Bognar, Vice President & Managing Director of JAPAC, HubSpot. “Technology can give businesses a helping hand, however our findings show that data connectedness and a unified tech stack are presenting significant opportunities for local businesses looking to improve prospecting and customer retention.”

An overall lack of quality data could also have had an impact on local adoption of Artificial Intelligence (AI) powered tools. According to HubSpot’s survey, nearly eight in ten (77%) of Singapore businesses felt they did not have enough data or the right data to make their AI usage effective. Perhaps as a consequence, about a third (34%) have not ‘started talking about generative AI at all’.

“Operating in the world’s most competitive economy is no easy feat, requiring a delicate balance between manginging increasing costs, while delivering an impactful customer experience. At HubSpot, we are committed towards equipping businesses with applications that are easy to use, fast to implement, and delivered on a unified platform. This helps to align marketing, sales, and service teams with a unified view of their customer.” said Bognar.

To help businesses grow better in today’s environment, HubSpot is committed to building easy, fast and unified tools. That’s why, at INBOUND 2024 and in our latest Spotlight product launches, HubSpot has unveiled its easiest, fastest, and most unified version yet. Everything is built so that GTM teams can unlock growth for their businesses.

Our new, biggest releases include:

  • Breeze, HubSpot’s AI to power the customer platform. Breeze includes
    • Copilot, HubSpot’s new AI companion to boost productivity and make work easier.
    • Four AI agents to get work done fast, from start to finish, including Content Agent, Social Media Agent, Prospecting Agent and Customer Agent.
    • Plus 80 more features embedded across the platform, from remixing content to predicting sales forecasts.
  • Breeze Intelligence, HubSpot’s data enrichment and buyer intent solution. Breeze Intelligence includes:
    • Data enrichment which pulls from a database of over 200 million buyer and company profiles to enrich company and contact records in HubSpot’s Smart CRM.
    • Buyer intent to help customers identify which prospects are best fit.
    • Form shortening to increase conversion by automatically adding information Breeze Intelligence already knows.
  • Updates to Marketing Hub and Content Hub, the combo that’s giving marketers everything they need to launch full campaigns from start to finish, from finding an audience to measuring impact, including:
    • Tools to capture attention like Content Remix for video, which uses AI to turn a single video into a full campaign of clips, audio and written content.
    • Tools to generate leads and convert prospects like Lead Scoring to find high engagement, high-fit prospects and Google Enhanced Conversions to leverage first-party conversion data from HubSpot to improve campaign performance.
    • Tools to measure impact like the new Marketing Analytics Suite, which brings all marketing metrics and reporting in one place to improve campaigns and get results faster.

Learn more about our major launches with product deep dives:

BreezeBreeze IntelligenceMarketing Hub and Content Hub

Visit the 2024 Spotlight here.

About HubSpot

HubSpot (NYSE: HUBS) is the customer platform that helps your business grow better. HubSpot delivers seamless connection for customer-facing teams with a unified platform that includes AI-powered engagement hubs, a Smart CRM, and a connected ecosystem that extends the customer platform with over 1,500 App Marketplace integrations, a community network, and educational content from HubSpot Academy. Today, over 228,000 customers, like DoorDash, Reddit, Eventbrite, and Tumblr, across more than 135 countries use HubSpot to attract, engage, and delight customers. Learn more at www.hubspot.com.

Research methodology

HubSpot proprietary research
Singapore sample size: 102
Global sample size: 1893

Press contact
Yanchang Tan
Sling & Stone for HubSpot
yanchangtan@slingstone.com

Solar District Cooling Group Berhad Commences Trading on ACE Market with Strong Opening Price of RM0.500

Solar District Cooling Group Berhad (“SDCG”) proudly marked its debut today on the ACE Market of Bursa Malaysia Securities Berhad (“Bursa Securities”). The shares opened at RM0.500 per share, reflecting robust market confidence and achieving a significant 31.6% premium over the IPO price of RM0.380 per share.

1. Ms. Wong Poh May, Independent Non-Executive Director, Solar District Cooling Group Berhad; 2. Mr. Wong Kei Fai, Independent Non-Executive Director, Solar District Cooling Group Berhad; 3. YM Raja Nor Azlina Binti Raja Azhar, Independent Non-Executive Director, Solar District Cooling Group Berhad; 4. Mr. Edison Kong, Managing Director, Solar District Cooling Group Berhad; 5. Mdm. Eileen Liuk, Executive Director, Solar District Cooling Group Berhad; 6. Ir. Dr. Khairul Azmy Bin Kamaluddin, Independent Non-Executive Chairman, Solar District Cooling Group Berhad; 7. ⁠Mr. Chew Sing Guan, Managing Director, Mercury Securities Sdn. Bhd.[L-R]
1. Ms. Wong Poh May, Independent Non-Executive Director, Solar District Cooling Group Berhad
2. Mr. Wong Kei Fai, Independent Non-Executive Director, Solar District Cooling Group Berhad
3. YM Raja Nor Azlina Binti Raja Azhar, Independent Non-Executive Director, Solar District Cooling Group Berhad
4. Mr. Edison Kong, Managing Director, Solar District Cooling Group Berhad
5. Mdm. Eileen Liuk, Executive Director, Solar District Cooling Group Berhad
6. Ir. Dr. Khairul Azmy Bin Kamaluddin, Independent Non-Executive Chairman, Solar District Cooling Group Berhad
7. ⁠Mr. Chew Sing Guan, Managing Director, Mercury Securities Sdn. Bhd.[L-R]

SDCG and its subsidiaries (“Group”) are principally involved in the provision and maintenance of BMS, solar thermal systems and energy saving services. The Group has a proven track record of enhancing energy efficiency across healthcare, hospitality and industrial sectors. SDCG Group is involved in providing energy performance services to the concession companies that are providing hospital support services for public hospitals. The concessionaires engaged SDCG Group as a subcontractor to carry out energy efficiency work related to the installation of hybrid solar thermal hot water systems, and for some contracts, retrofitting of fluorescent lighting of LED lighting.

SDCG Group was listed under the stock name “SDCG” today with the stock code “0321.”

With a track record in providing Building Management System (“BMS”) and solar thermal systems, SDCG is an established player in the fields of BMS and solar thermal hot water systems backed by 17 years of industry experience. The Group’s solutions and dedication to sustainability have played a role in enhancing energy efficiency for its clients and supporting their environmental, social, and governance (“ESG”) objectives, including reducing carbon footprints and improving operational efficiency.

The successful initial public offering of Solar District Cooling Group Berhad raised approximately RM45.1 million, allocated as follows: RM1.9 million for the expansion of headquarters in Kajang, Selangor; RM5.0 million for tender bonds and/or performance bonds for future projects; RM18.7 million for the purchase of materials for BMS segment, and solar thermal systems and energy-saving services segment; RM12.7 million for working capital requirements; RM2.5 million for capital expenditure and RM4.3 million for payment of listing expenses.

Independent Non-Executive Chairman of Solar District Cooling Group Berhad, Ir. Dr. Khairul Azmy Bin Kamaluddin stated, “Today marks a pivotal milestone in Solar District Cooling Group Berhad’s journey. This successful listing on the ACE Market of Bursa Malaysia is a testament to the hard work and dedication of our team. We are excited to enter this new chapter, where we will continue to focus on advancing our Building Management Systems and solar thermal systems, enhancing energy efficiency, and promoting environmental stewardship.”

He also added, “With this listing, we are well-positioned to accelerate our expansion plans, particularly in solar photovoltaic offerings, and to strengthen our capacity to bid for larger and more complex projects. Our commitment to sustainability will guide us as we seize new opportunities and create lasting value for our shareholders and stakeholders.”

Mercury Securities Sdn. Bhd. is the Principal Adviser, Sponsor, Underwriter, and Placement Agent for this IPO exercise.

ABOUT SOLAR DISTRICT COOLING GROUP BERHAD

Solar District Cooling Group Berhad (SDCG) and its subsidiaries (the “Group”) is an established provider of building management systems (BMS) and solar thermal systems in Malaysia. The Group specialises in the design, installation, and maintenance of BMS and solar thermal systems, serving diverse sectors including commercial, institutional, and industrial properties. With a commitment to sustainability, SDCG has earned a reputation for excellence in BMS and solar thermal systems. For more information, visit www.sdc.my

Issued By: Swan Consultancy Sdn. Bhd. on behalf of Solar District Cooling Group Berhad

For more information, please contact:
Jazzmin Wan
Tel: +60 17-289 4110
Email: j.wan@swanconsultancy.biz

William Yeo
Tel: +60 16-213 2103
Email: w.yeo@swanconsultancy.biz

AI Essentials For Small Businesses to Drive Growth and Save Time

Generative AI (Artificial Intelligence) is not new, however the recent boom in AI tools available to anyone such as image-generation tools and AI-driven applications, while offering new opportunities, can also place small business owners in new and unfamiliar territory.

GoDaddy shares some ways in which generative AI can help small business owners and entrepreneurs enhance creativity, streamline operations and support customer engagement.

  1. Generate creative and unique business names – The biggest barrier to getting started is sometimes a blank screen. Generative AI is great for helping to get creativity started. If thinking of a catchy business name isn’t your strong suit, consider using AI to kick-start the process. GoDaddy AI Domain Search can help generate potential business names, giving entrepreneurs a list of unique and creative names that they might not have come up with otherwise.
  2. Automate content creation – By simplifying the content creation process and enhancing the effectiveness of published materials, such as website content, newsletters or blogs, AI can help save entrepreneurs both time and money.

    Using advanced natural language processing algorithms and deep learning techniques, AI-powered content-generation tools can analyze existing content within a specific industry or niche. Using that information, AI tools can then generate relevant and engaging content. And then, you can update the output to match the overall vibe of your unique business.

    To help entrepreneurs be successful in creating prompts to use with AI tools, GoDaddy created a free guide. This guide offers small business owners tips for how to create text and visual prompts.
  3. Enhance customer service – With AI, business owners can quickly craft personalized responses, such as thank-you emails to customers after they make a purchase or sign-up for a service, reminder emails, and responses to inquiries or complaints. By providing fast and personalized responses to customers, using AI-powered tools can help to enhance the overall customer experience, leading to higher satisfaction rates and a stronger brand reputation, and help to drive further engagement with customers.
  4. Support for social media management – Engaging on social media channels is an important part of growing a business in today’s digital environment, but managing multiple platforms and attempting to brainstorm creative new content can feel daunting. AI can help here as well.

    Tasks AI can support with include creating a list of key moments and relevant events for a target audience, craft ad copy to grab people’s attention, write simple video scripts, create editorial calendars, and provide creative captions for image-based posts.

    GoDaddy Studio creates professional-looking content for a business or personal brand. Anyone can easily and quickly produce engaging content without needing advanced design skills. This free tool is available for anyone looking to enhance their online presence and take advantage of branded content for their social media channels, website, customer email communications, and more.

While AI tools can help save time and money, it is crucial for a human to closely review the output of the AI tool that you choose to use, as AI can return incorrect, false or outdated information or may include content containing third parties’ intellectual property.

“In today’s fast-changing digital world, GoDaddy is equipping small business owners with AI tools and guidance to help them boost their content creativity and streamline operations, saving them time to focus on growing their businesses,” said Selina Bieber, Vice President of International Markets at GoDaddy.

GoDaddy offers a wide array of online resources to help small businesses and entrepreneurs thrive in the digital world, from website building and e-commerce tools to email and digital marketing solutions.

For more information on how GoDaddy can help your business, visit GoDaddy.

About GoDaddy

GoDaddy helps millions of entrepreneurs globally start, grow, and scale their businesses. People come to GoDaddy to name their idea, build a professional website, attract customers, sell their products and services, and accept payments online. GoDaddy’s easy-to-use tools help microbusiness owners manage everything in one place and its expert guides are available to provide assistance. To learn more about the company, visit www.GoDaddy.com.

Issued on behalf of GoDaddy. 

For more information, contact:
Fekra Communications
info@fekracomms.com

Taiwan Excellence Pavilion concludes Medical Fair Asia 2024 with Showcase of Cutting-Edge MedTech Innovations

Over three days from 11 to 13 September 2024, Taiwan Excellence Pavilion showcased Taiwan’s leading medical innovation and cutting-edge solutions, exemplifying the country’s commitment to advanced medical care at Medical Fair Asia 2024. Held at Marina Bay Sands Expo and Convention Centre, Taiwan’s representation was strong with a contingent of about 90 companies in three separate Taiwan pavilions – Taiwan Excellence Pavilion, Taiwan Pavilion and TMBIA Pavilion.

From left to right: Mr. John Cheng, Head of Primary Care at Healthway Medical Group; Mr. Wen-Chung Wu, Director of Economic Division of Taipei Representative Office in the Republic of Singapore; Ms. Anna Wu, Director of Taiwan Trade Center Singapore (TAITRA); Mr. Chen-yuan Tung, Representative of the Taipei Representative Office in the Republic of Singapore; Mr. Daniel Lee, Chairman of Taiwan Medical and Biotech Industry Association; Ms. Chian-Huey Lin, Secretary General of Bureau of Industrial Parks, Ministry of Economic Affairs, and Ms. May Ng, Director, ARQon-Asia Regulatory and Quality Consultancy for Medical Device and Drugs, at the Taiwan Excellence Medical Industry Talk on 11 September 2024.
From left to right: Mr. John Cheng, Head of Primary Care at Healthway Medical Group; Mr. Wen-Chung Wu, Director of Economic Division of Taipei Representative Office in the Republic of Singapore; Ms. Anna Wu, Director of Taiwan Trade Center Singapore (TAITRA); Mr. Chen-yuan Tung, Representative of the Taipei Representative Office in the Republic of Singapore; Mr. Daniel Lee, Chairman of Taiwan Medical and Biotech Industry Association; Ms. Chian-Huey Lin, Secretary General of Bureau of Industrial Parks, Ministry of Economic Affairs, and Ms. May Ng, Director, ARQon-Asia Regulatory and Quality Consultancy for Medical Device and Drugs, at the Taiwan Excellence Medical Industry Talk on 11 September 2024.

Themed “Shaping the Future with Taiwan’s MedTech Innovation” the Taiwan Excellence Pavilion covered three aspects of Taiwan’s medtech innovations – Diagnostic Innovations, Treatment Innovations, and Innovations in Telemedicine and Digital Health Platforms. Taiwan Excellence Pavilion provided 16 leading Taiwanese companies a platform to reach out not only their trading and medical technology partners in the region but also to fulfil their goal of assisting more people to lead longer, more meaningful and healthier lives with innovative technology.

Taiwan Excellence Pavilion kicked off the three-day event with the Taiwan Excellence Medical Industry Talk on 11 September 2024. Among the leading Taiwanese companies, Acer Medical Inc., V5med Inc., Shennona Co. Ltd, Brain Navi Biotechnology Co., Ltd, and A Plus Biotechnology Co. Ltd., introduced their products and services and discussed the MedTech trends in Taiwan.

Ms. Anna Wu, Director of Taiwan Trade Center Singapore (TAITRA) said, “Taiwan is a frontrunner in medical device innovation, spearheading breakthroughs that improve patient care and transform the healthcare landscape. Building on its expertise in the semiconductor industry, Taiwan has successfully applied advanced technologies and fostered a strong culture of innovation in the biomedical field. Being a part of Medical Fair Asia 2024 helps Taiwanese MedTech companies showcase Taiwan’s leadership in the area.”

Mr. Daniel Lee, Chairman, Taiwan Medical and Biotech Industry Association provided an overview of the development of the Taiwan MedTech industry, “Singapore has always been a key partner for Taiwan in the region, with flourishing bilateral trade and technological cooperation. This presents vast opportunities for Taiwan and Singapore to collaborate in the field of smart healthcare, beyond trade, to include technology transfer, research and development, and joint promotion of medical innovations. Through this partnership, we can make transformative contributions to the global medical industry.”

Through its participation in Medical Fair Asia, Taiwan Excellence aims to strengthen the enduring ties between Singapore and Taiwan, especially in the medical industry. In 2023, two-way trade between Singapore and Taiwan was worth US$39.2 billion, with Taiwan’s exports to Singapore reaching US$29.7 billion, making Singapore Taiwan’s fifth largest export market.

“A key factor in Taiwan’s success in medical innovation is its collaborative ecosystem, where interdisciplinary partnerships between academia, industry, and medical institutions drive research and development. These alliances are central to the nation’s impressive strides in medical device innovation. Through this medical fair, our goal is to ensure that all our exhibitors form a deeper connection with the APAC market and we are looking forward to introducing more of the best of Taiwan’s MedTech to the larger industry and expanding to the other regions as well.” Ms. Wu added.

Mr. Allen Lien, Chairman and CEO of Acer Medical Inc. and one of the exhibitors at Taiwan Excellence Pavilion, said, “We are thankful to Taiwan Excellence for giving us this platform to showcase our smart healthcare-related products at the region’s leading healthcare event. Over the three days, our products have garnered the interest of potential customers, and we had the opportunity to connect with our target customers and expand into new regions. We look forward to bringing more MedTech innovations to the next Medical Fair Asia.”

Medical Fair Asia 2024 saw approximately 1,000 exhibitors from 45 countries and regions, 19 country pavilions, and 14,000 registered visitors over the three-day event.

According to the Singapore Economic Development Board, it is foreseeable that the Asian MedTech market will overtake the EU as the second largest market globally. With Singapore strategically placed, MedTech companies are able to tap into regional resources with the country’s high-value MedTech manufacturing base, innovative R&D ecosystem and hub for new business model innovation, providing a platform for Taiwanese innovators to propel into the international MedTech market.

About Taiwan Excellence:

The Taiwan Excellence Award was established in 1993 by Taiwan’s Ministry of Economic Affairs (MOEA) with the aim of recognising outstanding products from Taiwan. Products shortlisted for the annual award are proudly made in Taiwan and are judged on their R&D, Design, Quality and Marketing with a key emphasis on Innovative Value. The products that passed the stringent selection process proudly wears the mark and are promoted in the domestic and international markets to strengthens Taiwan’s reputation as the hub of innovation.

Media Contact:
PRecious Communications for Taiwan Excellence
Tel: +65 6303 0567
Email: taitra@preciouscomms.com

Organized by:

International Trade Administration (TITA), MOEA

The International Trade Administration (TITA) is responsible for implementing policies and regulations governing foreign trade and economic cooperation. Its primary duties currently include participating in the activities of international economic and trade organizations and enhancing bilateral trade relations.

Taiwan External Trade Development Council (TAITRA)

Founded in 1970 to help promote foreign trade, the Taiwan External Trade Development Council (TAITRA) is the foremost non-profit, semi-governmental trade promotion organization in Taiwan. Jointly sponsored by the government, industry associations, and several commercial organizations, TAITRA assists Taiwanese businesses and manufacturers with reinforcing their international competitiveness and in coping with the challenges they face in foreign markets. TAITRA boasts a well-coordinated trade promotion and information network of over 1,300 international marketing specialists stationed throughout its Taipei headquarters and 62 overseas offices worldwide.

Legacy Secures Four Companies for US Listing

Legacy Corporate Advisory Sdn. Bhd. (“Legacy” or the “Company”), a financial services company that specialises in Initial Public Offerings (“IPO”), financial planning and funding solutions, is pleased to announce the signing ceremony with companies which are Neutral Transmission Malaysia Sdn. Bhd., I Bella Sdn. Bhd., Autoplay Group Sdn. Bhd. and AE Carbon Capital Ltd. on the United States (“U.S.”) Listing. These engagements mark a major step forward in pursuing a U.S. Listing, facilitated by Legacy as an IPO consultant.

1. Ms. Michelle Lee, Managing Director of AE Carbon Capital Ltd 2. Mr. Leopold Chew Wee Chet, Director of Neutral Transmission Sdn. Bhd. 3. Dr. Mohamed Bin Awang Lah, Founder & CEO of Neutral Transmission Malaysia Sdn. Bhd. 4. Mr. Ted W.Teo, Chief Representative of East West Bank 5. Mr. Nelson Goh, Managing Director of Legacy Corporate Advisory Sdn. Bhd. 6. Mr. Jeremy Tan, Chief Executive Officer of Tiger Fund Management 7. YBhg. Dato' Victor Hoo, Executive Chairman & Chief Executive Officer of VCI Global Limited 8. Ms. Shermine Then, Founder & CEO of I Bella Sdn Bhd[L-R]
1. Ms. Michelle Lee, Managing Director of AE Carbon Capital Ltd
2. Mr. Leopold Chew Wee Chet, Director of Neutral Transmission Sdn. Bhd.
3. Dr. Mohamed Bin Awang Lah, Founder & CEO of Neutral Transmission Malaysia Sdn. Bhd.
4. Mr. Ted W.Teo, Chief Representative of East West Bank
5. Mr. Nelson Goh, Managing Director of Legacy Corporate Advisory Sdn. Bhd.
6. Mr. Jeremy Tan, Chief Executive Officer of Tiger Fund Management
7. YBhg. Dato’ Victor Hoo, Executive Chairman & Chief Executive Officer of VCI Global Limited
8. Ms. Shermine Then, Founder & CEO of I Bella Sdn Bhd[L-R]

Legacy provides comprehensive IPO advisory services, including pre-IPO investments, IPO financing, and corporate advisory. Legacy aims to guide these companies in their U.S. Listing exercise, with the entire listing process anticipated to take between 12 months to 18 months. The services include overseeing the capital structure, coordinating the listing process, and developing detailed capital market strategies.

This signing ceremony highlights Legacy’s commitment to guiding the companies through U.S. market entry and establishing a strong global presence. With Legacy’s IPO expertise and network, these companies will be well-equipped to navigate the complexities of the U.S. market, unlock growth opportunities, and attract global investors.

Mr. Nelson Goh, Managing Director of Legacy Corporate Advisory Sdn. Bhd. said, “This engagement marks a significant milestone in Legacy’s ongoing journey to support companies in their global market expansion. As the IPO consultant of these four esteemed companies, we are not only facilitating their U.S. Listing exercise but also strengthening Legacy’s commitment to delivering value through strategic guidance and innovation. Our expertise in IPO advisory and financial solutions will ensure a smooth entry into the U.S. market, laying the groundwork for sustained growth and future opportunities for all involved.”

He added, “The opportunities presented by this engagement are significant, not only for our clients but also for the Companies. This is more than just market expansion, this is about driving sustainable growth, exploring new markets, and continuously innovating. By aligning ourselves with companies that share our vision, we are creating a platform that fosters collaboration and success for all parties involved.”

Furthermore, this engagement sets the foundation for future growth.  Our Company is well-positioned to explore additional growth opportunities within the region and globally. By continuing to strengthen its network of international collaborators, Legacy aims to unlock new business opportunities that align with its strategic vision.

Looking ahead, the company is committed to ensuring that this engagement not only meets but exceeds expectations. Through ongoing collaboration and a shared vision, the engagement will bring about meaningful change, opening doors to further innovations and breakthroughs in multiple sectors.

ABOUT LEGACY CORPORATE ADVISORY SDN. BHD.

Legacy Corporate Advisory Sdn. Bhd. (“Legacy” or the “Company”) is a leading financial services firm specialising in, Initial Public Offerings (“IPO”), financial planning, and funding solutions. With a commitment to innovation, strategic thinking, and determination, Legacy provides tailored financial solutions to clients across diverse industries and global markets. Our expertise spans pre-IPO investments, capital structuring, corporate advisory, and market-entry strategies, ensuring businesses are well-equipped to navigate complex financial landscapes. Headquartered in Malaysia, Legacy serves a global client base, helping businesses achieve sustainable growth and long-term success.

For more information, kindly visit: https://www.legacyadvisory.co/

Issued By: Swan Global Consultancy Sdn. Bhd. on behalf of Legacy Corporate Advisory Sdn. Bhd.

For more information, please contact:
Jazzmin Wan
Tel: +60 17-289 4110
Email: j.wan@swanconsultancy.biz 

Aimee Tan
Tel: +60 16-512 0051
Email: a.tan@swanconsultancy.biz

Singapore’s construction industry set to outpace the country’s GDP growth rate this year

Construction growth in Singapore sees a 12 percent rise in productivity in 2024, outstripping the country’s modest overall GDP growth rate of 2-3 percent four times over, according to global professional services company, Turner & Townsend[1].

With construction volume anticipated to reach between S$32bn to S$38bn by the end of 2024[2], Turner, and Townsend’s Singapore Market Intelligence cites a series of government backed initiatives and major state projects, such as Changi Airport Terminal 5 (T5) and Tuas Port, are key contributors boosting demand.

Recent built environment incentives including the enhanced Contractors Registration System (CRS), the Productivity Innovation Project (PIP), the Future Energy Fund and Energy Efficient Grant are supporting activity. By year-end, the Singaporean state is expected to contribute to 55 percent of domestic construction projects while the private sector is poised for a contribution of 45 percent.  

Despite ongoing global economic uncertainty and geopolitical instability, the construction market in Singapore is also benefitting from investment in digital infrastructure and the launch of the NEC4[3] contract by the Building Construction Authority (BCA). The latter providing favourable conditions and extensive options for collaborative contracting.

While the overall growth trajectory is positive for the domestic construction sector, there are still challenges to navigate principally the availability of skilled labour. The departure of many construction workers during the pandemic continues to highlight the labour squeeze and increasing costs to secure the right talent.

Khoo Sze Boon, Managing Director, Turner & Townsend in Singapore, said:

“Construction demand in Singapore is on course to surpass last year by a significant margin which is positive for our domestic economy. The industry’s overall positive outlook stems from the series of ongoing government initiatives connected to the built environment including robust schemes to promote funding, foster technological advancements, ensure ease of doing business, and boost sustainable green initiatives.

“While challenges persist, such as manpower shortages and rising costs, optimism around collaborative contracting schemes and the digitization of processes will further improve productivity. We believe now is the time for our industry to really embrace collaborative contracting which will offset rising construction costs and transform the construction sector for the better to ensure long-term resilience.”

[1] GDP growth according to the Ministry of Trade and Industry Singapore, Construction growth according to Building Construction Authority, calculated based on 2024 demand forecast of $38bn over the 2023 demand of $33.8bn.
[2] According to the Building Construction Authority as of 15 January 2024
[3] NEC4 contract is a suite of contracts for effective project management and collaboration

About Turner & Townsend

Turner & Townsend is a global professional services company with over 12,000 people in 49 countries. Collaborating with our clients across real estate, infrastructure and natural resources sectors, we specialise in major programmes, programme management, cost and commercial management, net zero and digital solutions.

We are majority-owned by CBRE Group, Inc., the world’s largest commercial real estate services and investment firm, with our partners holding a significant minority interest. Turner & Townsend and CBRE work together to provide clients with the premier programme, project and cost management offering in markets around the world.

We are passionate about making the difference, transforming performance for a green, inclusive and productive world.

www.turnerandtownsend.com

Notes to Editors

The full report is available on the Turner & Townsend website: Home – SGMI 2024 (turnerandtownsend.com)

For more information, please contact:
PRecious Communications
Dalvinder Kaur
Email: dalvinder@preciouscomms.com
Tel: 63030567