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Quantum Generation® announces a partnership with Plato Technologies and the Quantum Space Revolution.

(Raleigh, NC., July 2022 -) - Quantum Generation® is pleased to announce an orbital and terrestrial technology partnership with Plato Technologies. The partnership allows...

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Bitcoin Ignites The Impulse For Social Justice Movements

Bitcoin’s decentralized public ledger dismantles current oppressive financial tools by providing people a tool of empowerment. Bitcoin leaves no one behind.In recent years,...

With Bitcoin under $40k, indications seem to say this about BTC’s future

Tag Template - News Hub PRO PlatoBlockchain Data Intelligence | Vertical Search AIIn the last 24 hours, the cryptocurrency market has recorded a liquidation of over $200m. Likewise, Bitcoin has breached the critical support level of $40,000 and has now embarked on a downward trend toward the $38,000 region. While this is an indication of a bearish run, price charts and on-chain analysis indicate heavy ongoing accumulation. […]

Asia’s HR Community to Reunite at HR Tech Festival Asia 2022 Both In-person and Virtually to Refresh and Reimagine the Future of Workforce Management

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Singapore, Apr 5, 2022 - (ACN Newswire) - 2022 continues to be a challenging year for APAC's HR leaders as companies return to the workplace, refresh talent strategies, and reimagine the future workforce to optimise business impact. HR Tech Festival 2022, organized by HRM Asia, returns May 10-13 to celebrate its 21st anniversary in a hybrid event format with a week-long of activities and programmes curated for the region's HR community, global influencers, and industry experts to learn, collaborate, and inspire.

With the theme of Return. Refresh. Reimagine, HR Tech Festival Asia 2022 will be presented in a hybrid format that is designed to provide an immersive and customisable event experience for attendees' needs and preferences. The 4-day event will bring together 4,000 attendees, 200 global and regional speakers and 30 international innovative brands.

Joanna Bush, Managing Director, HRM Asia, says, "HR Tech Festival Asia is celebrating 21 years as Asia's leading HR tech event, and we are looking forward to bringing Asia's HR community back together in 2022. HR Tech Festival Asia 2022, which will return both in-person and online, will present a week-long offering of exciting programmes and activities that will allow you to personalise your own unique festival experience."

"With 2022 shaping up to be a complex but interesting year for HR, we invite you to join the biggest gathering of the region's HR community, global influencers, and industry experts to learn, collaborate, and inspire, as we continue to shape the world of work together."

It's time for a reunion like no other at the first in-person HR event in Singapore

On 10 May, step out from the virtual to real life to re-establish your connections with the HR community in-person at HR Tech Festival Live, a one-day in-person event under the week-long HR Tech Festival Asia 2022.

Kicking off the highly anticipated in-person event at Suntec Exhibition & Convention Centre is Mr Zaqy Mohamed, Senior Minister of State, Ministry of Manpower and Ministry of Defence, Singapore, who is the Guest of Honour with his opening remarks at 10am (SGT).

Attendees can then expect to be refreshed with high-energy, engaging presentations on cutting-edge ideas, and illuminating sessions on key HR topics such as:

- The Future of Human Development - Understanding ASEAN's vision and innovation for a changing world.
- Humanising Transformation - Enabling sustainable growth for people and workers.
- Weathering the Talent Management Storm from Inside Out - A strategic response to the changing talent landscape.
- Leadership Staying Power: Preparing for the future.
- Skills are the New Currency in the New World of Talent Management - How you can prepare your organisation and people for this.
- Modern Work: A Fresh New Look at the Future - Providing a new perspective into the future of work.

Featured speakers at HR Tech Festival Live include:

- Stephanie Nash, Chief People Officer, Circles.Life, Co-Founder & Chief People Officer, Thrive HR Exchange
- Low Peck Kem, Chief Human Resources Officer & Advisor (Workforce Development), Singapore Public Service Division
- Sara Tiew, Head of Workforce Transformation and Analytics, UOB & World Economic Forum Future of Work Fellow
- Grace Huang, Head of People & Organisation, Siemens
- Rashmi Mishra Sharma, Head of People & Capability Building, GovTech Singapore, and Consultant at Harvard Business School - Corporate Learning
- Dr Bob Aubrey, Founder & Chair of the Advisory Board, ASEAN Human Development Organisation (AHDO)
- Eddie Lee, HR Technology Strategist, Future of Talent Economy (FOTE) Network

HR Tech Festival Live will also be shining a spotlight on the best of HR in Asia with the HR Fest Awards 2022, which is celebrating the outstanding achievements of the region's top HR leaders, companies, and teams from across both the private and public sectors.

23 deserving finalists are vying for the top award in five exciting categories, including Best Workplace Culture and Engagement, Employer of Choice, HR Team of the Year, Best Use of Technology, and Best HR Leader. The winners will be announced live and in-person at the award presentation on May 10 at Suntec Exhibition & Convention Centre Singapore.

Connecting virtually, reimagining the future of HR collectively

For those who wish to be part of HR Tech Festival Asia 2022 remotely, HR Tech Festival Online, taking place from May 11-13, offers the ideal virtual platform to learn from global and regional HR experts, discover innovative solutions, and build virtual connections through a series of programmes and activities over the three event days. Mr Heng Swee Keat, Singapore's Deputy Prime Minister and Coordinating Minister for Economic Policies, will be giving the opening address at 9am (SGT) as the Guest of Honour.

Making a debut this year is the ASEAN Human Development Organisation (AHDO) Summit, which will examine how to improve human development at work. ASEAN's national HR Association, thought leaders, and the ASEAN professional community will come together virtually on May 11 to discuss, debate, and establish a balance of economic and human development to the most diverse region in the world.

Dr Bob Aubrey, Founder and Chair of the Advisory Board, AHDO, says, "COVID has been a game changer and the HR Community has shown unprecedented leadership in enabling organisational resilience that allows companies to adapt and innovate. To see where this goes next, you do not want to miss the AHDO Summit at HR Tech Festival Asia 2022, which highlights the new human development dimension in companies across the ASEAN region."

As organisations look to advance workplace gender equity, the Women in HR Technology Summit is a must-not-miss for HR leaders in Asia. Taking place virtually on May 11, the Asia-exclusive and popular half-day conference will take place alongside HR Tech Festival Online. Programme Chair Jeanne Achille, Founder and CEO of The Devon Group, will lead an esteemed line-up of female HR leaders such as Ruby Kolesky, Co-CEO and Heart of Product, Joyous and Lydia Wu, Head of Talent Analytics and Transformation, Panasonic, in offering insights into key technologies that can help drive gender equity in the workplace.

Attendees can also look forward to the HR Leaders' APAC Summit taking place virtually on May 11 and hear from luminaries such as Josh Bersin, Global Industry Analyst and CEO of the Josh Bersin Company; Mervyn Dinnen, Author and HR & Talent Acquisition Analyst; Gary Cookson, Director, EPIC HR; and Margaret Heffernan, Author and Professor of Practice, University of Bath, as they address the business challenges and critical priorities facing HR leaders today.

The prestigious and popular ASEAN Future of Work, organised in collaboration with Ministry of Manpower Singapore and the Regional Centre for the Future of Work, is also back for its third run virtually. Themed "Navigating Labour Market Recovery: A Balancing Act for Businesses, Workers and Governments", the half day conference features speakers from regional governments, unions, and the public sector, who will share insights on how they put people first in their strategies to recover from the pandemic.

Speakers such as Deanna Ong, Chief People Officer, Government of Singapore Investment Corporation (GIC) and Jason Seng, Partner, People Advisory Services - Workforce Advisory, Ernst & Young Advisory will also discuss how different stakeholders can work together to balance varying needs and interests, as ASEAN adapts to post-COVID business models and ways of working.

Innovation and technologies to support organisations to refresh and reimagine HR strategies

HR Tech Marketplace, which is taking place from May 10-13, will present the biggest showcase of HR solutions and products from global and regional solution providers under one roof. These include ADP, AMS, Ceridian, Coursera for Business, Cornerstone, Globalization Partners, LinkedIn, Microsoft, Oracle, ServiceNow, Skillsoft, SumTotal, Top Employers Institute, and Workforce Singapore (WSG).

Technologies and products on offer cover the entire spectrum of HR and attendees can choose to engage in-person or virtually with the exhibitors for a consultation on how they can support their HR transformation needs or view a product demonstration. Attendees can also glimpse into the future where innovative solutions and upcoming technology may emerge as the new norm of the future through the Start-up Hub.

HR Tech Festival Asia 2022 is proud to partner with ASEAN Human Development Organisation and its regional HR association members and organisations to curate the event to meet the needs of the HR profession and contribute to the development of the profession.

HR Tech Festival Asia 2021 will take place on 10 May 2022 at Suntec Exhibition & Convention Centre and 11-13 May 2022 virtually. For more information, visit www.hrtechfestivalasia.com.

About HRM Asia

HRM Asia is a multi-platform network helping to build and celebrate the professional HR community in Asia-Pacific. Across our dedicated print magazine, digital content, and world-class events, we provide an array of thought-leading HR discussion and information to HR professionals of all ranks in Singapore and across the region.

HRM Asia is proudly owned by LRP Publications. LRP Publications is a broad-based media company serving business and education professionals. Specialising in the fields of education administration, education law, education technology, federal employment, human resources, workers' compensation and disability, and ergonomics, the company publishes hundreds of books, pamphlets, newsletters, videos and online resources.

For media enquiries, please contact:

Chua Yee Ling
Marketing Director
HRM Asia
yeeling@hrmasia.com.sg

Margaret Tan
Marketing Manager
HRM Asia
margaret@hrmasia.com.sg

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com2022 continues to be a challenging year for APAC's HR leaders as companies return to the workplace, refresh talent strategies, and reimagine the future workforce to optimise business impact.

Don’t Look Down: Bitcoin Ready To Re-Test Support Zone At $44K?

don’t-look-down:-bitcoin-ready-to-re-test-support-zone-at-$44k?

Bitcoin faces short term downside price action. The first crypto by market cap has been rejected once again as it tries to reclaim the high area around its current levels and could test its next critical support zone. Related Reading | Full Speed Ahead: Ethereum Turns Bullish In The Long Term At the time of…

The post Don’t Look Down: Bitcoin Ready To Re-Test Support Zone At $44K? appeared first on Bitcoin News Miner.

Baby Got Back: 50-Year Veteran Trader Compares Bitcoin Bottoms

baby-got-back:-50-year-veteran-trader-compares-bitcoin-bottoms

Whether it is Bitcoin or another asset, bottoms can be hard to spot until much later in hindsight. That is unless you are Peter Brandt, career commodities trader with nearly 50 years of market experience. In a new comparison, Brandt compares the crypto bear market bottom he predicted a year in advance, with the current…

The post Baby Got Back: 50-Year Veteran Trader Compares Bitcoin Bottoms appeared first on Bitcoin News Miner.

Hard Cap of 21 Million to Play Crucial Role in Bitcoin (BTC) Prices

Hard Cap of 21 Million to Play Crucial Role in Bitcoin (BTC) Prices

Bitcoin’s hard limit is critical in terms of both money and investment. Bitcoin’s value has risen as demand has outpaced

The post has appeared first on thenewscrypto.com

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ZhongAn Online Released 2021 Annual Report

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HONG KONG, Mar 25, 2022 - (ACN Newswire) - ZhongAn Online P & C Insurance Co. Ltd. ("ZhongAn Online" or "ZhongAn" or the "Company", HKEx: 6060) released its audited annual report for the year ended December 31, 2021 ("the reporting period"). The Company leveraged its strengths in insurance technology and rich resources connected through its ecosystems to further promote insurance inclusion. The Company provided insurance services for more than 500 million users with a caring hand, the number of customers receiving claim payment reached 129 million in 2021.

Adhering to the strategy of "sustainable growth with quality" and technology-driven cost reduction and efficiency improvement, the Company printed solid numbers in 2021. Gross written premium (GWP) reached RMB20.37 billion, representing a year-on-year increase of 21.9%. Combined ratio improved to 99.6%, marked the first underwriting profitable fiscal year in its history. Net profit attributable to owners of the parent reached RMB1.16 billion, representing a year-on-year increase of 110.3%, on the back of increased operational efficiency and robust growth of investment income.

Under the dual-engine growth strategy of "Insurance + Technology", ZhongAn exported its insurance technology capability and advanced Insuretech know-how to insurers and brokers, to fuel the digitalization in the insurance industry worldwide. During the reporting period, ZhongAn's technology export revenue reached RMB520 million, representing a year-on-year increase of 42%, and served 109 customers in the insurance industry.

Insurance segment - health ecosystem and digital lifestyle ecosystem remain top contributors with favorable channel mix shift

The health ecosystem recorded RMB7.69 billion in GWP, representing a year-on-year increase of 16%. The Company provided health protection to approximately 25.86 million insured customers in 2021, the number of paying users of individual health insurance reached 18 million, representing a year-on-year increase of 30%.

To achieve such performance, ZhongAn upheld to its philosophy of health inclusion. ZhongAn upgraded its flagship product, Personal Clinic Policy series, incorporating over 30 special rare disease drugs for the youth and launched exclusive medical protection plans for different customer groups such as chronic patients, women and the elderly. The latest version of Personal Clinic Policy also came with more value-added services including cancer screening, Internet hospital, traditional Chinese Medicine and so on.

The Company is committed to provide one-stop "insurance coverage + medical services" experience for users by expanding products and services from required medical scenarios such as in-patient and critical illness, to cover the daily needs of outpatient and emergency, critical illness follow-up treatment, chronic disease treatment, rehabilitation management, optional surgery and other scenarios.

The digital lifestyle ecosystem recorded GWP of RMB7.29 billion in 2021, representing a year-on-year increase of 16%. As new consumption scenarios evolved, ZhongAn actively explore and launch innovative products by leveraging its resources of over 300 strategic ecosystem partners and its cutting-edge technology to solve customers' pain-points in their daily digital life.

Riding the wave of e-commerce 2.0, ZhongAn launched a new version of shipping return policy customized for livestreaming e-commerce platforms such as TikTok and Kuai, and the premium contributed by livestreaming e-commerce channels accounted for more than 20% of the overall shipping return policy in 2021.

Meanwhile, the innovative products featured by pet insurance and phone screen cracking insurance also saw strong growth in 2021. Relying on the layout of pet O2O ecosystem, the annualized premium of pet insurance has exceeded RMB100 million, representing a year-on-year increase of over 250% and its market share was among the top in mainland China. Powered by its optical character recognition, the Company's phone screen cracking insurance grew by over 65% and remained the top-tier insurers for such product.

Among total GWP from digital lifestyle ecosystem, the premium income from innovative business represented by pet insurance, phone screen cracking insurance and Personal Accident Policy accounted for 19% in 2021, representing a year-on-year increase of 29%.

Moreover, in 2021 ZhongAn continued to build its brand and proprietary channels. In 2021, the premium from proprietary channels amounted to RMB3.6 billion, representing a year-on-year increase of 66.4%. The Company was pleasant to see such favorable channel mix shift, with proprietary channel contributing over 18% of GWP in 2021. The per capita premium contribution of proprietary channels reached RMB506, representing a year-on-year increase of 20% thanks to robust renewal rate and cross-selling efforts in proprietary channels.

Technology segment - facilitating the digital transformation of the global insurance industry

As a leading insurance technology company, ZhongAn continued to explore cutting-edge technology fields such as artificial intelligence, blockchain, cloud computing, big data and life sciences technology, and utilized technology to reshape the entire insurance value chain. Last year, the Company's R&D investment reached RMB1.13 billion, representing a year-on-year increase of 24.5%, accounting for 5.5% of the total GWP. There were 1,836 engineers and technicians, accounting for 48% of all employees.

ZhongAn promoted refined operation with Insurtech, enhancing user experience constantly. The cloud-based distributed core system "Wujieshan" helped ZhongAn to issue 7.7 billion insurance policies in 2021, and the number of customers receiving claim payment for the year reached 129 million. Enabled by its technology, the online claim settlement rate exceeds 95%.

At the same time, ZhongAn also helped insurers worldwide with their digital transformation by exporting modular Insuretech products. In 2021, the technology export revenue reached RMB520 million , representing a year-on-year increase of 42%, with the proportion of recurring revenue reaching 48%. ZhongAn served 109 customers in the insurance industry last year, a year-on-year increase of 34 new accounts.

In terms of overseas development, ZhongAn Technology has further expanded its business territory to Japan, Singapore, Malaysia, Indonesia to Vietnam, Thailand, Philippines and Europe, by working with insurance companies like AIA, Muang Thai Life, and PFI Mega Life.

ZA Bank, a pioneering advocate of virtual banking in Hong Kong with a one-stop digital financial service platform also made pleasant progress in 2021. Within two years, the number of customers exceeded 500,000, the deposit balance as of Dec 2021 reached HK$7 billion, and the loan balance quadrupled year-on-year to HK$2.5 billion.

In the future, ZhongAn will continue to focus on the needs of users, leverage technological strength to drive innovation, build and improve the ZhongAn brand in the eyes of users, constantly practice insurance inclusion and create long-term value.

About ZhongAn Online P&C Insurance Co Ltd (Stock Code:6060.HK)

ZhongAn Online P&C Insurance Co., Ltd. is a leading online-only InsureTech company in China. Founded in October 2013, the Company adopts an ecosystem-oriented approach and focuses on customers' lives on the Internet, meeting customers' diversified protection needs and creating value for them through ecosystem partners and its proprietary platform. ZhongAn Online seamlessly integrates technology across its insurance business, and now exports its technology to help other companies accelerate their growth. On 28 September 2017, ZhongAn Online became the first Fintech company listed on the HKEx (Ticker: 6060) and since 2018, the Company started expanding its Fintech and InsureTech solutions to various international markets.

For further information, please contact:

ZhongAn Online IR Team

Email: ir@zhongan.com


Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comZhongAn Online P & C Insurance Co. Ltd. ("ZhongAn Online" or "ZhongAn" or the "Company", HKEx: 6060) released its audited annual report for the year ended December 31, 2021 ("the reporting period").

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Currency markets looking for direction The currency space remained on the sidelines overnight, content to wait and watch for developments elsewhere for its next directional cues. The dollar index rose just 0.16% to 98.77. It has reversed in Asia, falling by 0.34% to 98.44 as Japanese officials talked the yen higher. 97.70 and 99.50 remain […]

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MHIET Launches MGS-R Series, New Standby Generator Set

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TOKYO, Mar 24, 2022 - (JCN Newswire) - Mitsubishi Heavy Industries Engine & Turbocharger, Ltd. (MHIET), a part of the Mitsubishi Heavy Industries (MHI) Group, launched a new MGS-R Series of diesel generator sets. Developed to support the growing needs of the digital economy, primarily targeting data centers across Asian and Middle Eastern markets, the new series also serves as a reliable backup power solution for commercial facilities such as shopping malls and office buildings.(1)

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Mitsubishi Generator Series, MGS

The MGS-R Series is the first upgrade to MHIET's diesel generator set lineup in over two decades following the MGS-B models introduced in the year 2000. The new series features 21 models that cover all rating categories(2). Some of the models were released in November 2021 and remaining models will be introduced in sequence by the end of 2022. The new series provides outputs ranging from 500 to 2,750 kVA for 50Hz, and 460 to 2,000 kVA for 60Hz for standby offerings. With the recent modifications to turbocharger specifications and improvement on fuel system and exhaust system to the engine, all models in the series boasts 10-second start. Newly adopting MHIET-made compact and high-power 12-cylinder engine on the 1,500kVA rating for 50Hz, the best-seller in the offerings, has made its installation area the smallest-in-class. Furthermore, overhaul interval has been extended to more than double by examining how generator sets are operated at sites.

All models in the MGS-R series are compliant with the two leading industry standards: the ISO's Class G3, the organization's highest standard for generator sets; and the standards of National Fire Protection Association of the United States. They also satisfy Tier 3 and Tier 4 standards by the Uptime Institute, a private sector organization that certifies the reliability and overall performance of data centers. These days more and more data center operators require high levels of quality compliance with various industry standards.

"At a time when reliable power is increasingly critical for commercial facilities such as data centers, we are pleased to announce that we have launched this new MGS-R Series.," said Ichiro Ichihashi, Senior General Manager, Engine & Energy Division of MHIET. "Many generator sets manufacturers purchase engines from suppliers, but we manufacture engines ourselves as well as generator sets. I believe this is our strength and our value. I am confident of the reliability and dependability of our generator sets that have sold 12,000 units worldwide." The MGS Series will be assembled at Mitsubishi Heavy Industries Engine System Asia Pte. Ltd. (MHIES-A), MHIET-owned subsidiary in Singapore. MHIET will continue expanding our MGS Series to meet the growing energy needs of customers in various industries including mission-critical applications.

(1) Learn more on Youtube:
https://youtu.be/0IbPH_peSfM
(2) "Ratings" refers to the operating conditions of generator sets as defined by the International Organization for Standardization (ISO). There are different ratings such as standby and prime depending on the required operation including operating time and size of the load to accept. A generator set's output can vary according to its rating.

About MHI Group

Mitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com.


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comMitsubishi Heavy Industries Engine & Turbocharger, Ltd. (MHIET), a part of the Mitsubishi Heavy Industries (MHI) Group, launched a new MGS-R Series of diesel generator sets.
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