Archive: February 29, 2024

Media OutReach NewsWire

Ascott Marks 40 Years in Hospitality Service With Launch of Full Year Campaign ‘Ascott Unlimited’

Feb 29, 2024 by Agency 0 Comments

With about 950 properties across over 220 cities and counting, Ascott will be offering Unlimited Opportunities, Unlimited Choices, Unlimited Freedom, and Unlimited Good, to springboard to next chapter of growth as a global hospitality company

SINGAPORE – Media OutReach Newswire – 29 February 2024 – The Ascott Limited (Ascott), the lodging business unit wholly owned by CapitaLand Investment (CLI), today announced the launch of ‘Ascott Unlimited‘, a year-long medley of initiatives to mark its ambitions to break new ground as it celebrates 40 years in hospitality service. Unveiled at the Southeast Asia debut of the Asian Hotel Industry Conference & Exhibition (AHICE) 2024 held in Singapore, this launch signifies a new era as the hospitality company navigates a future of unlimited possibilities against a backdrop of global change and evolving perspectives of travel. A leading development, investment, and operations forum, AHICE SEA 2024 was attended by many key prominent investors, owners, and operators in Southeast Asia, representing over US$500 billion in assets.

Ms Tan Bee Leng, Ascott’s Chief Commercial Officer, unveiled the launch of ‘Ascott Unlimited’ at AHICE SEA 2024
Ms Tan Bee Leng, Ascott’s Chief Commercial Officer, unveiled the launch of ‘Ascott Unlimited’ at AHICE SEA 2024

In 1984, Ascott pioneered Asia Pacific’s first serviced residence with the opening of The Ascott Singapore. Over the years, it has been building its own brands, and making strategic acquisitions to fast-track market penetration. Today, Ascott is a vertically-integrated lodging operator of about 950 properties across more than 220 cities globally, represented by a portfolio of 14 distinctive brands. Through an asset-light strategy, Ascott targets to achieve more than S$500 million in fee earnings by 2028.

Having established its reputation as a market leader in corporate travel within the extended stay sector, Ascott has taken the definition of global living into the transient leisure market. As Ascott pivots its business operations through its flex-hybrid “hotel-in-residence” model to respond to the changing needs of the market, it is on a growth trajectory stronger than ever. In 2023, Ascott achieved a record year of fee earnings at S$331 million, as well as highest number of property openings with nearly 9,600 units turning operational.

Mr Kevin Goh, Chief Executive Officer for Ascott and CLI Lodging, said: “The journey in the evolution of Ascott’s business is a natural one. We have spent the last four decades building the relationship we have with our guests, owners, and partners. We have put in significant investment to develop systems and infrastructure to support our growing business. We have been nurturing a culture of hospitality amongst our associates. Laying the foundation through disciplined growth over the years now paves the way for us to ensure that Ascott will continue to be that preferred accommodation of choice for our guests. We remain committed to quality growth and partnership with our owners and investors for the decades to come.”

“In a world that is changing, we recognise the importance for Ascott to stay relevant and in tune with what travellers look for. There is no better time than now, to push boundaries and go beyond for our future. Our legacy of successes has seen us through growth trajectories where we doubled in units every five years since 2008. Several transformative deals have fuelled Ascott’s position in the hospitality industry amongst established players. 2024 will be our launchpad – one that will propel Ascott into an era of greater ambition, as we go unlimited. Unlimited with enhanced value for our owners, unlimited with myriad experiences for our guests, and unlimited with growth opportunities for our associates,” added Mr Goh.

Ascott Unlimited (https://www.discoverasr.com/ascottunlimited)
Transcending traditional limits, Ascott is embarking on a transformative journey to go ‘unlimited’ for its guests, owners, partners, and associates. Ascott Unlimited is guided by four key pillars:

  • Unlimited Opportunities
    With an expanding global footprint, Ascott delivers enhanced value to owners and investors, while providing career growth opportunities for associates
  • Unlimited Choices
    With a diverse portfolio of brands, Ascott offers guests myriad stay experiences, for whatever the purpose of travel and wherever the destinations may be

  • Unlimited Freedom
    With a flex-hybrid hotel-in-residence model, Ascott offers owners compelling flexibility to realise potentials, and travellers unparalleled possibilities to stay their way
  • Unlimited Good
    With a commitment to a culture of care and hospitality, backed by a spirit of innovation, Ascott grows responsibly as a changemaker with an unlimited purpose to impact the future of travel

Ms Tan Bee Leng, Chief Commercial Officer, Ascott said: “Ascott has been at the frontier of providing serviced living for 40 years now. In recent years, we have been accelerating our journey in the hospitality space. Through listening to our guests and clients, as well as internal surveys conducted with our associates from around the world, we saw Ascott’s 40th anniversary milestone as an unprecedented opportunity to share the profound changes that the company has gone through. As we mark Ascott’s corporate coming of age, this is a timely occasion for us to celebrate our present, while shining a light to the future.”

“Building on our foundation in an increasingly blended world of travel, Ascott is breaking new ground so our guests can work, stay, and play even better. With Ascott Unlimited, we are offering our guests more experiences for their next stay, with more value to enjoy, underpinned by our purpose to make a meaningful difference to travel – tomorrow and beyond. As we go Unlimited, we are excited to be launching initiatives that have been curated to deliver one-of-a-kind stay experiences for our guests. This will be exemplified in everything we do – from free night stays and complimentary membership tier upgrades to signature experiences and programmes unique to each brand. All to ensure our guests unlock a gateway to unlimited possibilities, wherever they are in the world,” Ms Tan added.

Towards a Future of Unlimited Possibilities with Ascott Unlimited
‘Can we have everything, everywhere, all at once when we travel?’ A brand film that answers to this call kickstarts the launch of Ascott Unlimited, a year of unlimited possibilities.

Commemorating this major milestone, a campaign microsite features the latest updates on events, offers and happenings that guests may enjoy or participate in. An interactive game also allows guests to put their knowledge on Ascott to the test, with a chance to win stay vouchers and Ascott Star Rewards (ASR) points to unleash their wanderlust.

With a suite of 14 brands offering a multitude of stay experiences, guests will enjoy a complimentary fourth night with a minimum of three nights booked using the promotional code “ASCOTT40” from now till 31 December 2024. Unlimit Your Stay with One Free Night.

Loyalty members can look forward to enhanced benefits and elevated experiences as ASR celebrates its fifth anniversary this year. Offering guests even more value, all new or Classic tier ASR members will be gifted with an instant status upgrade to the Silver tier upon their first login to the Discover ASR mobile app, with additional reward points to be earned.

For more information on the Ascott Unlimited campaign, please refer to the Appendix here. To view Ascott’s 40 years of milestones, take a walk down memory lane here.
Hashtag: #TheAscottLimited #Hospitality #Anniversary




The issuer is solely responsible for the content of this announcement.

About The Ascott Limited

Since pioneering Asia Pacific’s first international-class serviced residence with the opening of The Ascott Singapore in 1984, Ascott has grown to be a trusted hospitality company with about 950 properties globally. Headquartered in Singapore, Ascott’s presence extends across more than 220 cities in over 40 countries in Asia Pacific, Central Asia, Europe, the Middle East, Africa, and the USA.

Ascott’s diversified accommodation offerings span serviced residences, coliving properties, hotels and independent senior living apartments, as well as student accommodation and rental housing. Its award-winning hospitality brands include Ascott, Citadines, lyf, Oakwood, Quest, Somerset, The Crest Collection, The Unlimited Collection, Preference, Fox, Harris, POP!, Vertu and Yello. Through Ascott Star Rewards (ASR), Ascott’s loyalty programme, members enjoy exclusive privileges and offers at participating properties.

A wholly owned business unit of CapitaLand Investment Limited, Ascott is a leading vertically-integrated lodging operator. Harnessing its extensive network of third-party owners and in-market expertise, Ascott grows fee-related earnings through its hospitality management and investment management capabilities. Ascott also expands its funds under management by growing its sponsored CapitaLand Ascott Trust and private funds.

This year, Ascott marks 40 years in hospitality service with the launch of Ascott Unlimited, a full year campaign that will offer Unlimited Opportunities, Unlimited Choices, Unlimited Freedom, and Unlimited Good. Navigating a future of unlimited possibilities against a backdrop of global change and evolving perspectives of travel, Ascott Unlimited marks Ascott’s ambitions to break new ground, and springboard to its next chapter of growth as a global hospitality company. Find out more about Ascott Unlimited at .

For more information on Ascott and its sustainability programme, please visit .

About CapitaLand Investment Limited (www.capitalandinvest.com)

Headquartered and listed in Singapore, CapitaLand Investment Limited (CLI) is a leading global real asset manager with a strong Asia foothold. As at 31 December 2023, CLI had S$134 billion of assets under management as well as nearly S$100 billion of funds under management (FUM) held via six listed real estate investment trusts and business trusts and more than 30 private vehicles across Asia Pacific, Europe and USA. Its diversified real estate asset classes cover retail, office, lodging, business parks, industrial, logistics, self-storage and data centres.

CLI aims to scale its FUM and fee-related earnings through fund management, lodging management and commercial management, and maintain effective capital management. As the investment management arm of CapitaLand Group, CLI has access to the development capabilities of and pipeline investment opportunities from CapitaLand’s development arm.

As a responsible company, CLI places sustainability at the core of what it does and has committed to achieve Net Zero carbon emissions for scope 1 and 2 by 2050. CLI contributes to the environmental and social well-being of the communities where it operates, as it delivers long-term economic value to its stakeholders.

Ascott Marks 40 Years in Hospitality Service With Launch of Full Year Campaign ‘Ascott Unlimited’

Business

Redefining Cybersecurity: Check Point Unveils Quantum Force Gateway Series

Feb 29, 2024 by Mansi Praharaj 0 Comments #Check Point, #cybersecurity, #Digital and cloud transformation, #New Delhi, #Quantum Force Gateway Series

New Delhi, February 29 2024 — Check Point® Software Technologies Ltd., a leading AI-powered, cloud-delivered cyber security platform provider, introduces Check Point Quantum Force series: an innovative lineup of ten high-performance firewalls designed to meet and exceed the stringent security demands of enterprise data centers, network perimeters, campuses, and businesses of all dimensions. Powered by the advanced Check Point Infinity Platform, which integrates cloud-based security intelligence, a sophisticated automated threat response system, and over 50 AI engines, Quantum Force Security Gateways boast the capability to deliver up to 1 Tbps of AI-fueled threat prevention, achieving an unparalleled malware block rate of 99.8%. The Quantum Force series redefines the benchmarks for firewall performance, offering double the threat prevention efficacy, double the power efficiency, and compact 1RU/2RU form factors for space optimization, alongside unified management to cater to the most rigorous security scenarios.

“Thirty years ago, Check Point created the firewall. Today, we revolutionize it with Quantum Force. Built upon our legacy of innovation, this next-generation solution delivers robust protection powered by collaborative AI-driven threat prevention, seamlessly integrating unified security and policy management whether in the cloud or on-premises,” said Nataly Kremer, Chief Product Officer at Check Point Software Technologies. “With Quantum Force, users can confidently navigate the digital terrain, protected against the most sophisticated malware and supply chain threats, while benefiting from enhanced network performance, streamlined operations, and automated threat response and remediation.”

Digital and cloud transformation is happening at an unprecedented rate. With the hybrid workforce now a permanent fixture in most companies, there is a growing need for secure and fast networks to seamlessly enable remote work. At the same time, organizations face a multitude of cyber security challenges that can hinder their ability to effectively protect their assets and maintain operational efficiency. From navigating the complexities of technology and managing numerous vendors to ensuring the security of increasingly encrypted traffic, businesses are under constant pressure to enhance their security posture while optimizing resources.

“Hybrid work and multi-cloud adoption have expanded the attack surface and made enterprise security more complex. Given the shortage of IT security talent, enterprises should consider AI enhanced solutions to empower analytics and automation and protect against the growing threat landscape.”, said Pete Finalle, Security Research manager at IDC, “Check Point’s new Quantum Force series of ten AI-powered and cloud delivered security gateways provide up to 1 Tbps of threat prevention performance, automated blocking of sophisticated threats, while unifying management, simplifying operations, reducing time to response and improving security efficacy.”

Check Point Quantum Force Firewalls offer a cost-effective solution, enhancing network performance while simplifying technology infrastructure and reducing power, infrastructure, and operational expenses. Check Point Quantum Force’s capabilities include:

Highest levels of security performance: Quantum Force delivers 2X higher threat prevention performance up to 63.5 Gbps. Its compact 2RU/1RU form factor and high density of 1/10/25/40/100 Gbps interfaces contribute to its efficiency. Quantum Force features a uniquely modular and flexible architecture, designed to seamlessly adapt to customers’ evolving network requirements while delivering 2x more power efficiency. This enhances operational efficiency and lowers infrastructure expenses.

 AI-driven threat prevention: With an Industry-leading block rate against advanced threats and attacks, facilitated by AI-driven threat prevention, Quantum Force provides automated threat response, real-time global threat intelligence, and the power of 50+ AI engines, ensuring proactive defense against evolving cyber threats.

 Consolidated Security & Policy Management: Data centers can streamline security operations with consolidated security and policy management across on-premises, cloud, and FWaaS (Firewall-as-a-Service) environments.

Business

After two successful editions, Femina and Mamaearth are back with the new season of Beautiful Indians 2024

Feb 29, 2024 by Mansi Praharaj 0 Comments #Digital Network, #Femina, #Ghazal Alagh, #Mamaearth, #Mumbai, #Worldwide Media

National, February 29th, 2024: After two successful editions, the third season of Femina and Mamaearth Present Beautiful Indians 2024 will once again honour individuals who shine through their remarkable deeds. Continuing in its mission of recognising the goodness in people, the Beautiful Indians platform will put the spotlight on individuals across India who are making the world beautiful, one good deed at the time. Femina & Mamaearth have opened the entries for participation across India.  The Beautiful Indians felicitation will take place on March 19, 2024, in Mumbai.

femina mama earth

The previous editions were graced by prominent personalities across industries such as Ranveer Singh, Ayushmann Khurrana, Taapsee Pannu, Manushi Chhillar, Armaan Malik, Raja Kumari, Prajakta Koli, Chef Sanjeev Kapoor, Dr Swati Piramal, Raj Shamani, Vikash Dayal, Rani Mukerji, Vicky Kaushal, Vidya Balan, Rajkummar Rao, Sonu Sood, Sania Mirza, Aditya Roy Kapoor, Arjun Kapoor, Vaani Kapoor, Kapil Sharma, Anurag Dobhal, Shaheen Bhatt, Dr Ankur Sarin and Dr Jushya Sarin, Gurmeet Choudhary and Debina Bonnerjee, among others. The awardee list for 2023 also celebrated such personalities as Urmila Asher, who is an inspiration to all hard-working women who aspire to achieve their dreams; Aabid Surti, whose efforts in water conservation are a testament to the power of individual action in creating a better future for our planet; Manvi Tiwari, a young mental health activist who is working to give mental wellbeing the attention it deserves; and Dr Madhumitha Gomathinayagam – India’s first transgender HR professional, a social activist who is paving the way for inclusion and diversity in India’s workforce and society, among others. Femina and Mamaearth Present Beautiful Indians 2024 stands as a beacon, dedicated to honouring stories of positive impact.

Sharing his thoughts, Mr. Rohit Gopakumar, Director -Worldwide Media, & CEO ZENL BCCL TV & Digital Network said, “Femina has a legacy of celebrating beauty which is more than just skin deep. Our longstanding commitment lies in showcasing the remarkable stories of individuals who bring about impactful change in their sphere of work. They are the true heroes of the land who inspire and motivate our audience. Beautiful Indians is an exceptional platform from Femina that shines light on the innate goodness within every individual. After 2 successful seasons the third edition of Beautiful Indians (2024), will broaden its impact and bring out inspiring stories from across India. I urge everyone to support this initiative and celebrate the growing goodness around us.”

Speaking about the initiative, Ambika Muttoo, Editor-in-Chief, Femina, said, “We are delighted to announce the commencement of the third season of Beautiful Indians, a platform dedicated to honouring inspiring stories of goodness. Building upon the success of our previous seasons, we are steadfast in our commitment to uncover and share the stories of individuals making a meaningful contribution to society. With these impactful narratives, we aim to inspire others and foster a culture of compassion and positivity. We are privileged to continue our partnership with Mamaearth and eagerly anticipate the opportunity to showcase more uplifting stories from across the nation.”

Ghazal Alagh, Co-Founder & Chief Innovation Officer, Mamaearth, said, “We are thrilled to be back with yet another season of the much-anticipated Femina & Mamaearth Beautiful Indians. After the incredible love and support we received for previous seasons, we are set to celebrate the true essence of beauty with Season 3. Mamaearth has always been rooted in the values of goodness that shines from within, emphasising that true beauty lies in the actions we take. We firmly believe that beauty transcends the surface, and our collaboration with Femina for Beautiful Indians is a heartfelt testament to that belief. Our partnership for the third consecutive season is a joyous continuation of our shared journey in celebrating goodness, diversity, and the unique stories that make every individual truly beautiful.”

Business

Kia Seltos, Sonet and Carens Offer the Lowest Maintenance Cost: Frost & Sullivan

Feb 29, 2024 by Mansi Praharaj 0 Comments #frost & sullivan glassdoor, #frost & sullivan salary, #frost & sullivan subsidiaries, #frost and sullivan headquarters, #frost and sullivan india careers, #frost and sullivan india offices, #Kia Seltos, #Mr. Hardeep Singh, #New Delhi

New Delhi, February 29, 2024: Frost & Sullivan, India’s top Growth Advisory Company, has revealed in its latest Total Cost of Ownership Benchmark analysis that Kia’s best-selling innovations – Seltos and Carens offer segments’ lowest maintenance expenses in both diesel and petrol variants.

kia

 According to the research findings, Kia Carens has emerged as the frontrunner in the family mover segment, showcasing the most economical maintenance costs for both petrol and diesel variants by 21% and 26%, respectively. Its diesel models feature the lowest acquisition cost presenting outstanding value for modern customers.

Moreover, Carens Diesel closely follows the segment’s top performer in minimizing fuel costs, solidifying its position as one of the most premium family car options with a compelling value proposition. Frost & Sullivan also stated that Kia’s bestselling innovation, the Seltos, also offers the lowest maintenance costs for petrol variants, delivering a minimum of 17% savings over the industry average. Additionally, the diesel variants share the lowest maintenance costs with another segment leader. In terms of overall total cost of ownership (TCO), the Seltos closely follows the segment’s top performers, securing the second-best TCO for its diesel variant and the third-best for its petrol variant.

 Notably, the firm also declared in December 2023 that Sonet has the best maintenance cost in the Compact SUV segment. The report stated that Sonet’s Petrol and Diesel variants’ Maintenance Costs are 16% and 14% lower than the segment average, respectively.

Mr. Hardeep Singh Brar, National Head Sales & Marketing, Kia India, stated, “We are thrilled to be recognized by Frost & Sullivan as the makers of one of most value-driven mobility solutions for new-age customers. Choosing a Kia isn’t just a wise decision for today; it’s an investment for the future, given its premiumness, unmatched maintenance and residual costs within their segments.”

 These reports by Frost and Sullivan establish Kia models as one of the most value-for- money products in their segment. The survey also underpins Kia’s commitment to offering class-leading products with the best technology, design, and quality along with globally acclaimed aftersales services, which makes them a valued purchasing decision for customers.

Business

International Women’s Day (March 8th)

Feb 29, 2024 by Rekha Nair 0 Comments #International Women’s Day, #Lucinda O’Brien

women Entreprenuer

International Women’s Day (IWD) takes place every year on March 8th, with this year’s theme being ‘Inspire Inclusion’. The theme highlights the need for and encourages the inclusion of not just some women but all women, regardless of race, age, faith, and ability.

IWD serves as a timely reminder of the significant strides made toward inclusivity and equality in the business and entrepreneurial landscape. However, it’s also an opportunity to underscore the ongoing challenges and need for continued efforts to address gaps and barriers to full equality and inclusion.

Encouragingly, the entrepreneurial environment is evolving to be more inclusive, with an increasing number of female entrepreneurs breaking barriers across various sectors in the UK.

Here are some key statistics about women’s entrepreneurship from the money.co.uk business insurance experts’ research that illustrate this trend:

●Self- employment among women has seen a significant and steady increase over the last few decades. The number of self-employed women grew from 920,000 in 1995 to 1.6 million by 2023. This growth underscores the resilience and determination of women wanting to start businesses despite facing numerous challenges.

●These challenges include navigating social and economic barriers that hinderbusiness growth, such as access to funding, with figures showing that 16.9% of companies receiving no external investment are those run by women higher than any other category. This suggests that a higher proportion of women-led companies may be self-funded or not receive external investments.

● Despite this, regionally, the South West (12.6%), London (12.4%), and the South East (11.3%) are leading in terms of the percentage of self-employed women.
These are also the highest-earning parts of the country, suggesting that they offer a more supportive environment for women entrepreneurs.

● The sectors of health, wellbeing, social care (40.4%), education (35.7%), and public health and safety services (35%) stand out for having the highest percentages of female leaders.  This not only showcases the sectors where women are making significant impacts but also where they are likely to drive innovation and growth.

● Among the 1,000 most successful companies globally, those that women lead tend to outperform their male-led counterparts. On average, the companies led by women have revenues of $26 billion, around a third higher than the $20 billion revenue of companies led by men. However, these businesses are underrepresented, with just 8% of the 1,000 most successful being run by women.

● According to GOV.UK, in 2021, just 6.1% of small and medium enterprise (SME)employers were led by a majority of people from an ethnic minority
(excluding white minorities). Based on the existing data about female entrepreneurs, the number of ethnic minority female entrepreneurs is likely even lower than this.

● However,there is a strong entrepreneurial spirit among women in the UK, with just under two-thirds (64%) considering starting businesses. This enthusiasm
for entrepreneurship is a positive sign for the future, suggesting a large pool of potential female entrepreneurs.

Lucinda O’Brien, senior editor at money.co.uk, shares her thoughts on the data:

“The entrepreneurial landscape is moving in the right direction of inclusion for women, and the growth in women’s self – employment is evidence of this progress. However, there are still areas for improvement, including an increased representation of women in top corporate positions and addressing the funding gap for women-led ventures. Importantly, the data also shows that there is still a need for more diverse inclusion – including ethnic minority representation in top business positions – illustrating the importance of this year’s IWD theme.

“For women considering starting their own business, here are some key things to consider:

● Research and Planning: Before diving into your business venture, thoroughly research your industry, target audience, and competition. A well -thought-out
business plan can help you outline your vision and strategies for success.

● Networking: Connect with other women entrepreneurs and business leaders. Their experiences and insights can be invaluable. Join online and offline women entrepreneur groups to foster a supportive community.

● Educate Yourself: Continuous learning is crucial. Attend workshops, seminars, and classes related to entrepreneurship, finance, and your business niche.

● Trust Your Instincts: While gathering information and seeking advice is essential, always trust your instincts and make decisions that resonate with your values and goals.

● Budget Wisely:Create a detailed budget for all startup and recurring expenses. Ensure that you have a cushion for unexpected costs.

● Seek Funding: There are numerous business loans, grants, and investment opportunities for women entrepreneurs. Research and identify those that fit your business model and needs.

● Assess Your Insurance Needs: Different companies have different business insurance requirements. Consider the risks associated with your business type and location.

● Standard Policies: Most businesses should consider general liability insurance, property insurance, and workers’ compensation if they have employees. However,depending on your industry, you may need specialised insurance, such as product liability insurance, professional liability insurance, or commercial auto insurance.

Health

Transworld Group Volunteers Create Art Experience for World Cancer Day

Feb 29, 2024 by Mansi Praharaj 0 Comments #AIIMS, #mNGO, #Mumbai, #New Delhi, #Ritesh S. Ramakrishnan, #St. Jude Childcare Centres, #Transworld Group, #World Cancer Day

New Delhi/Mumbai, February 29, 2024 – Over 28 Transworld Group volunteers joined hands with St. Jude Childcare Centres – an NGO, to spend time with children undergoing cancer treatment in India.

transworld cancer health care

Volunteers organized art activities and distributed gifts among children undergoing treatment at AIIMS, Delhi, and ACTREC (Tata Memorial Hospital), Kharghar, Navi Mumbai.

The NGO, St. Jude Childcare Centres, provides clean and safe accommodation, hygienic food, and care for underprivileged children and their family members during their stay for the treatment. Most of the families come from rural and semi-urban areas which do not have access to cancer treatment.

“Our volunteers are proof that the joy of giving and making a difference to society at large can be a huge motivation when it comes to choosing the right kind of company for employment. It is heartwarming to note that our employees champion our brand values – both in India and Dubai,” said Ritesh S. Ramakrishnan, Managing Director, of Transworld Group.

Around 20 volunteers from Transworld Group also joined hands with Al Jalila Children’s Hospital in Dubai to support children battling cancer.

Business

Baird Medical Expands Presence in the United States

Feb 29, 2024 by Rekha Nair 0 Comments

Frisco, Texas – February 29, 2024 – Baird Medical Devices, Inc. (“Baird Medical” or the “Company”), a leading microwave ablation (“MWA”) medical device developer and provider in China and the United States, today announced that it is accelerating its expansion in the United States through senior hires, key partnerships, and capacity building initiatives to support its business.

The Company has experienced rapid momentum in the United States during the fourth quarter of 2023, in particular after receiving the U.S. FDA’s clearance to market its MWA systems and technology on November 22, 2023.

Christian Chilcott has been appointed as Chief Commercial Officer, Americas, to drive growth. A seasoned medical device executive with two decades of industry experience building and operating organizations focused on minimally invasive, interventional procedures in the field of Interventional Radiology, he brings extensive experience in the areas of soft tissue biopsy, oncology, and the peripheral vasculature. Mr. Chilcott is building a team across the U.S. to support business expansion including recent hires in New York, Louisiana, Texas, Florida, and California.

“I am very excited to join Baird Medical at this critical time,” said Christian Chilcott, Chief Commercial Officer, Americas, of Baird Medical. “It is essential that this market understands what makes MWA superior, safe, and the preferred choice of procedure for patients who have access. There is much work to do, but we’re encouraged by the physician and patient feedback so far.”

Since the inaugural procedure was conducted on January 12th by Dr. Alizera Falahati, there has been a steady increase in the number of procedures successfully conducted in the U.S. by leaders in the field of thyroid disease, including Endocrine Surgeon and Director of Robotic Surgery, Dr. Rasa Zarnegar of Weill Cornell Medicine and Dr. Raymond Yung, an Otolaryngologist and the founder of three specialty clinics in New York City. Dr. Yung practices surgery at NYU Langone Health where he also trains surgical residents. Advocacy from these influential physicians offers a strong testament to the preferred procedural approach that MWA offers to both providers and patients alike.

On February 2nd, Baird Medical hosted these luminaries and others during the North American Society of Interventional Thyroidology (NASIT) Annual Meeting. NASIT welcomed major medical institutions, including John Hopkins University School of Medicine, Stanford University Medical Center, Columbia University Medical Center, Tulane University Medical Center, Weill Cornell Medicine, and the NYU School of Medicine to deepen industry best practices and develop high-impact relationships.

An important aspect of NASIT was convening medical professionals to offer education on employing the MWA procedure to both raise awareness and ensure safety as the technology becomes increasingly available. Baird Medical offers a rigorous medical education program to build industry capacity and safety as a critical part of its business development. Physician exchange programs have also received positive feedback and fostered high confidence in the new medical procedure.

“We are so glad to receive such positive interest and feedback from our partner physicians who hail from both the United States and Europe,” said Ms. Haimei Wu, Founder and CEO of Baird Medical. “Entering a mature medical market like the United States requires that we take our time to do it well. This means education and safety is the priority.”

Baird Medical will announce more initiatives in the coming months commensurate with its U.S. commercial expansion.

Education

Literacy India Hosts National Science Day Event to Empower Young Innovators

Feb 29, 2024 by Mansi Praharaj 0 Comments #Dr. Rajneesh Wadhwa, #Hemant Kumar Gupta, #Literacy, #National Science Day, #New Delhi

New Delhi, 29 February 2024: Literacy India, a non-profit dedicated to quality education and empowerment in underprivileged communities, celebrated National Science Day with an event that not only showcased the creativity and innovation of young innovators through robotics and IoT projects but also highlighted the organization’s cumulative achievements.

 With the theme ‘Empowering Through Science,’ the event provided a platform for children to demonstrate their technical skills and creativity. 29 students from underprivileged backgrounds displayed exceptional dedication and innovation, having completed intensive training that developed both their hard and soft skills. This training is crucial for their overall growth, emphasizing Literacy India’s commitment to nurturing the potential of each child.

national science day

 Dr. Rajneesh Wadhwa, Director – Strategic Partnerships & Development at Literacy India, emphasized the importance of the event: “Empowering innovation with empathy and collaboration, our initiatives strive to transform lives and unlock the potential of the underprivileged. Together, we’re not merely educating; we’re crafting a world brimming with opportunities and dreams.”

 One of the many success stories is that of Dheeraj, a 13-year-old participant whose journey from visiting ISRO to developing an “Anti-Collision System” project exemplifies the transformative effect of Literacy India’s programs. Along with his story, we received over 500 entries from students, which were screened extensively by experts and faculty members, out of which 24 were shortlisted for the program. This showcases the organization’s significant impact on empowering young minds in STEM fields.

 Victor Ghoshe, Writer, Lecturer, and Development Strategy Specialist, stated, “Design thinking is not just about solving problems; it’s about transforming perspectives, opening minds, and unlocking limitless potential. I thank Literacy India for initiating this unique design Thinking Program for young adults for the first time in India and for inviting me to design and develop the 6-month-long program and facilitate all the sessions in Hindi.

 I salute the spirit of Literacy India with a special mention of Capt. Indraani Singh (Managing Trustee) for all the support and for her progressive approach towards the participants who come from underprivileged communities. I believe innovation begins with empathy, flourishes through collaboration, and leaves an indelible mark on the world.”

The event not only celebrated current achievements but also set the stage for future endeavours. Several of these projects/concepts/prototypes will be submitted for against several Project Development Grants under guidance from former experts from Department of Scientific and Industrial Research (DSIR) – a part of the Ministry of Science and Technology. These are being developed to further support these young innovators, ensuring that the journey toward science and technology exploration continues.

Anay Pathak, Global Account Executiv, Alliances, WW GSI Partnership, Dell Technologies, said, “At Literacy India, I saw incredible potential within each child. The work is not just about education; it’s about giving them the tools and support to express their creativity and achieve their dreams. Witnessing their projects reminds me of the power of opportunity and mentorship. It’s a reflection of my belief that every child, given the chance, can overcome obstacles and thrive.”

Hemant Kumar Gupta, Former Director, Technology Development Fund, DRDO, Govt. of India, added, “Inspired by their newfound knowledge, the students eagerly presented how the solutions they showcased could be applied to solve other pressing issues. Their enthusiasm to learn and innovate was noteworthy.”

 Literacy India extends its gratitude to partners, sponsors, and volunteers, whose invaluable support contributed to the event’s success. Their commitment to fostering educational and innovative opportunities in underprivileged communities is commendable.

Media OutReach NewsWire

J-Long Group Limited Declared A Special Cash Dividend

Feb 29, 2024 by Agency 0 Comments
HONG KONG SAR – Media OutReach Newswire – 29 February 2024 – J-Long Group Limited (Nasdaq: JL) (the “Company” or “J-Long”), today announced that its board of directors has declared a special dividend of an aggregate of US$6,000,000.00 out of the distributable funds of the Company, to be paid to all holders of record as of March 11, 2024, of its outstanding shares of common stock. The special dividend will be payable on March 12, 2024.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements, including, but not limited to, the Company’s proposed Offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs, including the expectation that the Offering will be successfully completed. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions in this prospectus. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the Securities and Exchange Commission.

Hashtag: #JLongGroup

The issuer is solely responsible for the content of this announcement.

J-Long Group Limited Declared A Special Cash Dividend

Business

Timeless Glamour: Embracing Elegance with Long Sleeve Evening Dresses

Feb 29, 2024 by Neel Achary 0 Comments

In the realm of fashion, certain elements stand out for their ability to evoke a sense of timeless glamour and sophistication. Among these are long sleeve evening dresses, long evening dresses, and sequin evening dresses. Each of these pieces not only epitomizes elegance but also exudes a captivating allure that transcends trends. As we delve into the world of evening wear, we explore the unique charm and timeless appeal associated with these three key elements, celebrating their ability to elevate any occasion with grace and style.

Sophisticated Simplicity: Long Evening Dresses Redefined

Long evening dresses stand as epitomes of elegance and grace, redefining sophistication with their timeless appeal. From flowing A-line silhouettes to sleek mermaid designs, these dresses exude a sense of refinement and poise. With their elongated sleeves, they offer a perfect balance of coverage and allure, ensuring wearers make a lasting impression at any evening affair.

Long evening dresses transcend mere garments, embodying a sense of occasion and celebration. Their flowing A-line silhouettes and sleek mermaid designs effortlessly enhance the wearer’s silhouette, accentuating curves and creating a captivating presence. The elongated sleeves not only add an element of sophistication but also provide a touch of coverage, allowing wearers to exude confidence and poise with every step. Whether attending a black-tie event, a formal dinner, or a lavish gala, long evening dresses promise to leave a lasting impression, evoking admiration and awe with their timeless elegance and refined allure.

Sparkling Splendor: The Allure of Sequin Evening Dresses

Sparkling Splendor: The Allure of Sequin Evening Dresses

Step into the spotlight with the mesmerizing allure of sequin evening dresses, where every shimmering embellishment tells a story of glamour and extravagance. Adorned with countless sequins, these dresses capture the essence of opulence and grandeur. Whether in classic gold and silver tones or vibrant hues of sapphire and ruby, sequin dresses promise an unforgettable entrance at any event, exuding confidence and radiance with every step.

The allure of sequin evening dresses lies not only in their visual impact but also in the feelings they evoke. With every shimmering embellishment, wearers are transported to a world of opulence and luxury, where every detail speaks of extravagance. The countless sequins adorning these dresses create a mesmerizing effect, catching the light and casting a radiant glow that commands attention. Whether in classic gold and silver tones that exude timeless elegance or vibrant hues of sapphire and ruby that add a modern twist, sequin dresses promise an entrance that is nothing short of unforgettable. As wearers step into the spotlight, they radiate confidence and radiance, making a statement that is as bold as it is beautiful.

 

Effortless Elegance: Elevating Style with Long Sleeve Evening Dresses

Long sleeve evening dresses, offer a perfect blend of style and sophistication, effortlessly elevating any ensemble with their refined detailing and timeless silhouette. Whether attending a formal gala, a romantic dinner, or a cultural event, these dresses ensure a look that is both polished and practical. With their long sleeves providing a touch of coverage, wearers can move with grace and confidence, exuding an air of effortless elegance that commands attention and admiration.

Long sleeve evening dresses are not only versatile in their elegance but also in their ability to adapt to various occasions with grace and poise. As wearers don these refined garments, they effortlessly exude sophistication and style, elevating any ensemble to new heights of elegance. Whether gracing the halls of a formal gala, enjoying a romantic dinner for two, or attending a cultural event, long sleeve evening dresses ensure a look that is both polished and practical.

With their long sleeves providing a touch of coverage, wearers can move with grace and confidence, knowing that they are exuding an air of effortless elegance that commands attention and admiration. The refined detailing and timeless silhouette of these dresses add an element of refinement to any occasion, allowing wearers to make a statement that is as bold as it is beautiful. In essence, long sleeve evening dresses embody the epitome of style and sophistication, promising a look that is as versatile as it is elegant.

In conclusion, long sleeve evening dresses, long evening dresses, and sequin evening dresses serve as quintessential elements of evening wear, radiating confidence and elegance with every stitch and shimmer. Whether adorned with delicate lace, flowing fabrics, or sparkling embellishments, these dresses capture the essence of glamour and sophistication, ensuring wearers make a lasting impression at any event. As we continue to celebrate the timeless allure of evening wear, let us embrace the beauty and grace of long sleeve evening dresses, long evening dresses, and sequin evening dresses, allowing them to inspire confidence and exude elegance in every moment and occasion.