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IRRI and smart agriculture technology leader XAG collaborate to promote digital agriculture and precision farming in the Philippines

LOS BAÑOS, Philippines, Jan. 21, 2025 /PRNewswire/ -- The International Rice Research Institute (IRRI) and smart agriculture technology leader XAG are set to accelerate agricultural automation and innovation in the Philippines through digital agriculture and precision farming using drone technology.  Through a Memorandum of Understanding (MOU), IRRI and XAG will collaborate to validate the application of smart agriculture technologies in rice-based cropping systems through experimentation and research. XAG and IRRI collaborate to promote agricultural automation in rice farming XAG, through its Philippine partner Agridom, has donated agricultural drones to the International Rice Research Institute (IRRI) to support its mission of advancing precision agriculture and sustainable farming practices. Agridom pioneered the introduction of XAG agricultural drones in the Philippines, bringing cutting-edge technology to local farmers and institutions. This collaboration with IRRI demonstrates Agridom's unwavering commitment to driving agricultural innovation and empowering the sector with tools that enhance productivity and sustainability. "Drones have been increasingly used for high throughput phenotyping, crop monitoring, improving agricultural productivity, and supporting precision farming. By providing efficient tools for crop monitoring, precision input application, and data-driven decision-making, drones provide the potential to significantly reduce costs and increase yields, optimizing resource use and minimizing environmental impact," explained IRRI Senior Scientist and Digital Agriculture and Precision Farming Lead Engr. Steve Klassen. This meant that drones could rapidly provide measurements of traits related to growth, yield, and stress adaptation. This technology is particularly valuable to smallholder farmers who must improve their productivity and reduce production costs to be competitive and stay in business in response to climate change, labor shortages, and higher input costs. However, drone adoption in the Philippines is hindered by limited access to technology, lack of standard protocols, financial resources, and regulatory constraints. "To overcome these challenges, we need a comprehensive approach that involves targeted training, guidelines for best practices, financial incentives, and supportive government policies.", Klassen said. Klassen's team is also working with the Philippine Department of Agriculture (DA) - National Program, Philippine Rice Research Institute (PhilRice), and their allied bureaus on the Drones4Rice Project, which aims to streamline and standardize drone protocols for applying seeds, fertilizers, and pesticides in the Philippines. The donated drones will support the ongoing Drones4Rice project and other IRRI global initiatives on sustainable farming and digital accelerators. "IRRI is a key research and technology partner in the Philippines, and through this effort, we hope to contribute to the country's agricultural competitiveness through drone-based technologies." shared XAG Head of International Business Wei Tong. "XAG's agricultural drones can be applied to various precision farming scenarios, specifically but not limited to direct seeding, pesticide spraying, fertilizer operation, and remote sensing. We hope to expand our engagements abroad to strengthen global food security and tackle climate change, as rice is the primary staple food that feeds over half of the world's population.", Tong shared. Beyond this collaboration, XAG is also a member of the IRRI-led Direct Seeded Rice Consortium (DSRC), which promotes direct seeding methods in rice cultivation by developing technologies and training farmers to adopt sustainable farming practices.

文章來源 : PR Newswire 美通社 發表時間 : 瀏覽次數 : 59 加入收藏 :
Nearly three-in-five CEOs optimistic about global economic outlook as they plan headcount increases and continued AI rollout: PwC 2025 Global CEO Survey

Almost 60% of CEOs expect global growth to increase over the next 12 months, up from 38% last year and 18% two years ago 42% expect to increase headcount over the next 12 months – more than twice the number expecting to decrease it. CEOs more likely to say GenAI led to headcount increases than decreases CEOs are seeing tangible impacts from GenAI: 56% reported efficiency gains, while one-third saw profitability (34%) and revenue (32%) increases 42% of CEOs believe their company will not be viable beyond the next 10 years without reinvention, as nearly four in ten say they have begun competing in new sectors in the last five years Climate related investments six times more likely to have resulted in increased revenue than decreased revenue DAVOS, Switzerland, Jan. 21, 2025 /PRNewswire/ -- Almost 60% of CEOs around the world expect global economic growth to increase over the next 12 months, according to PwC's 28th Annual Global CEO Survey, launched today during the World Economic Forum Annual Meeting.     The report, which surveyed 4,701 CEOs across 109 countries and territories, also finds that 42% expect to increase headcount by 5% or more in the next 12 months – more than double the proportion who expect headcount decreases (17%), and up from 39% last year. The percentage is highest (48%) among smaller companies (less than US$100 million) and those in the technology (61%), real estate (61%), private equity (52%) and pharma and life sciences (51%) sectors. While CEOs are optimistic about the global economy, macroeconomic volatility (29%) and inflation (27%) nevertheless remain the top risks for the year ahead cited by CEOs globally, but with clear differences between regions. Geopolitical conflict is seen as the biggest risk in the Middle East (41%) and Central and Eastern Europe (34%). In Western Europe, cyber risk (27%) is a marginally higher concern than a lack of skilled workers (25%) and inflation (24%) – with macroeconomic volatility topping the list at 29%. Inflation is the top concern in Africa (39%), while North America and Asia-Pacific prioritise risks largely in line with the global averages. Mohamed Kande, Global Chairman, PwC, said: "This year's CEO Survey findings highlight a stark juxtaposition – business leaders around the world are optimistic about the year ahead, but also know they must reinvent how they create, deliver and capture value. Emerging technologies such as GenAI, shifts in geopolitics, and the climate transition are all revolutionising how the economy works. New business ecosystems are forming, transforming how companies compete and create value. To thrive, business leaders must act now and take bold decisions around their strategy – ranging from people, footprint and supply chain, right through to reinventing their business model." The reinvention imperative Consistent with the last two years, four in ten (42%) CEOs believe their company will not be viable beyond the next decade if it continues on its current path. Among those that do not expect to last without significant change, 42% cite shifts in the regulatory environment as having the biggest influence on their economic viability. But CEOs are taking action – across all sectors, almost two-thirds (63%) have taken at least one significant action to change how their company creates, delivers, and captures value in the last five years, with CEOs that have taken more reinvention actions in the last five years reporting higher profit margins in the last 12 months. As companies look to reinvent their business models, almost four in ten (38%) say they have begun competing in at least one new sector in the last five years – with about one-third (34%) noting this has represented over 20% of company revenue over this period. However, the pace of reinvention is slow and a large majority of companies lack agility. When it comes to moving budget and people between projects and business units, around half of CEOs told us that they reallocate 10% or less of financial and human resources from year to year. More than two-thirds reallocate less than 20%. On average, only 7% of revenue over the last five years has come from distinct new businesses. CEOs are optimistic about the potential of GenAI, but are looking for stronger results CEOs are reporting tangible impact from GenAI. More than half (56%) report seeing efficiency gains in their employees' time over the last 12 months, and one-third saw revenue (32%) increases. However, performance is somewhat below expectations expressed last year. In 2024, 46% said they expected to see profitability improvements. A year later, when we asked if they had seen those gains, only 34% said they had. Trust in AI remains a hurdle to more widespread adoption. Only a third of CEOs said they have a high degree of trust in embedding the technology into key processes in their company. Despite this, optimism about GenAI's impacts on profitability is slightly up on last year – with 49% expecting an increase in the next 12 months. Roughly half (47%) expect to integrate AI (including GenAI) into their technology platforms over the next three years, 41% plan to integrate it into core business processes and 30% have plans for new products and service development. While it is early days, there is nothing in our data to suggest a widespread reduction in employment opportunities across the global economy as a result of GenAI. More CEOs say GenAI has increased headcount than decreased it (17% v 13%). Matt Wood, Global & US Commercial Technology & Innovation Officer (CTIO), PwC, said: "This year's survey shows a more mature view of GenAI in the enterprise. CEOs are convinced it has the power to unlock new opportunities – in fact they are more optimistic than last year. At the same time, they are more aware of the challenges they need to navigate to realise that value. They see the importance of building trust into the way their AI systems are designed, and for now are prioritising integration into core business processes. It is important that they also see the potential GenAI has to generate growth through new products and services and create value in new ways." Climate investments are paying off As the climate transition continues to impact businesses, CEOs continue to take action. When we asked CEOs to take stock of the financial impact of climate related investments over the last five years, we found that these moves were six times more likely to have resulted in increased revenue (33%) than decreased revenue (5%). In addition, nearly two-thirds of CEOs reported that climate related investments had either reduced costs or had no significant impact on costs. However, challenges remain around initiating climate related investments: CEOs that made such investments cite regulatory complexity as the top factor (24%) inhibiting their companies' ability to initiate those investments, as opposed to lower returns on investment (18%) or lack of buy-in from management or the board (6%). Carol Stubbings, Global Chief Commercial Officer, PwC, said: "Three-plus decades of digitisation have started to break down formerly impermeable boundaries between sectors, while the combined impact of the climate transition, AI, and other megatrends will hasten the process of reconfiguration. This survey shows that business leaders are facing this future with a combination of optimism about the economy and realism that business needs to fundamentally reinvent how it creates value if it is to thrive in the future." Notes to Editors About the 28th Annual PwC Global CEO Survey PwC surveyed 4,701 CEOs across 109 countries and territories from 1 October through 8 November 2024. The global and regional figures are weighted proportionally to country nominal GDP. The industry and country-level figures are based on unweighted data from the full sample of 4,701 CEOs. The full findings can be accessed on pwc.com/ceosurvey. About PwC At PwC, our purpose is to build trust in society and solve important problems. We're a network of firms in 149 countries with more than 370,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com.

文章來源 : PR Newswire 美通社 發表時間 : 瀏覽次數 : 59 加入收藏 :
Power International Holding (PIH) closes a landmark transaction to finance the acquisition of 100% of Mobile Telecom - Service LLP (MTS) from Kazakhtelecom JSC

DOHA, Qatar, Jan. 20, 2025 /PRNewswire/ -- Power International Holding (PIH), a globally recognized Qatari-based conglomerate, has officially completed the acquisition of a 100% participatory interest in Mobile Telecom-Service LLP (MTS) from Kazakhtelecom JSC. This acquisition follows the initial agreement signed on February 14, 2024, in Doha between PIH, Kazakhtelecom, and the sovereign wealth fund Samruk- Kazyna as well as the signing of the definitive sale and purchase agreement on June 4, 2024. MTS, known for its prominent brands Altel and Tele2, is the country's leading provider of ultrafast 5G connectivity. Established in 2004, MTS employs around 2,000 staff and operates over 140 retail stores. The company offers a comprehensive range of telecommunications and digital services, making it a cornerstone of Kazakhstan's telecommunications landscape. This financing was led by Citi and QNB as Coordinators, Bookrunners, and Mandated Lead Arrangers, with Halyk Bank JSCas a Mandated Lead Arranger, and ICBC Standard Bank Plc, Bank of Bahrain and Kuwait B.S.C, and Commercial Bank International PJSC  as Arrangers." Mr. Ramez AlKhayyat President of Power International Holding, commented:  "Power International Holding's telecommunications group is a key component of the Company's strategic growth. Through this acquisition, we aim to significantly contribute to the development of the telecommunications and technology sectors, offering innovative solutions that will enhance the digital experience in Kazakhstan and empower the digital transformation of the country. He added : "The closing of this transaction is an important step for us and marks the strong trust and confidence that renowned financial institutions have placed in us. With this acquisition, we are poised to further strengthen our expansion strategy, in the telecomunication and digital sector, in several countries of the world." QNB Group, the largest financial institution in the Middle East and Africa, the leader on the landmark transaction, has played a vital role in leading the conglomerate towards closing the deal. Mr. Abdulla Mubarak Al-Khalifa, QNB Group Chief Executive Officer commented: "We are proud to have played a pivotal role in facilitating the acquisition of Mobile Telecom-Service LLP by Power International Holding. This strategic financing not only underscores QNB's commitment to supporting key investments in the telecommunications sector but also demonstrates our dedication to fostering growth and innovation. We believe that this acquisition will enhance connectivity and drive economic development, aligning with our vision of empowering businesses." "We are delighted to have led this landmark acquisition financing for PIH in partnership with QNB. The transaction demonstrates Citi's unparalleled capabilities in emerging markets with on ground presence in Qatar and Kazakhstan, our industry expertise with telecom clients globally and Loans & Acquisition Finance structuring expertise to deliver a successful outcome." Ebru Pakcan, Citi Middle East and Africa Cluster and Banking Head stated. The acquisition inaugurates Power International Holding's expansion in Kazakhstan, achieving the company's active plan to diversify its investment streams. On this occasion Mr. Eyad Abdulrahim PIH Group Chief Finance and Investment Officer commented: "This acquisition marks a significant milestone for Power International Holding as we expand into Kazakhstan's rapidly growing telecommunications sector. The deal involved navigating complex regulatory and financial landscapes, requiring extensive collaboration and coordination with global partners. Securing funding through an international syndicate of leading financial institutions was a key part of the process, reflecting strong confidence in the our acquisition's long-term potential. We are committed to using this investment to enhance infrastructure, including the deployment of 5G technology, to improve service quality and delivering advanced communication solutions to meet the evolving needs of Kazakhstan's population" Mr. George Barakat, PIH Group Chief Treasury Officer, commented: "We are pleased to announce the successful completion of our leveraged buyout acquisition, marking a significant advancement in our strategic growth initiatives. The strong demand and support from both regional and international banks, resulting in an oversubscription of the financing, underscores the market's confidence in our strategic vision. The positive response from the banking sector further reinforces our financial strength and the trust placed in the Group's ability to execute complex transactions. About Power International Holding: Power International Holding (PIH) is a premier global enterprise headquartered in Qatar, recognized for its diversified portfolio and strategic contributions across 14 key sectors. With operations spanning Energy and Natural resources , Concessions power and infrastructure, Construction; Healthcare and Professional Services; Real Estate Development; Telecommunications, Media, and Technology; Agriculture and Food Industries; and Lifestyle. PIH is committed to driving innovation and delivering sustainable value worldwide. Supported by over 65,000 professionals representing 91 nationalities, PIH has successfully delivered more than 1,250 projects in 19 countries, shaping industries and advancing global development. Guided by its vision to create a brighter future from Qatar to the world, PIH upholds the highest standards of quality, resilience, and leadership in every endeavor. The group remains dedicated to fostering innovation, developing future leaders, and preserving its legacy of excellence. For more information, visit www.powerholding-intl.com  About QNB Group: QNB Group is one of the leading financial institutions in the Middle East and Africa region and among the most valuable banking brands in the regional market. Present in over 28 countries across Asia, Europe, and Africa, it offers tailored products and services supported by innovation and backed by a team of over 31,000 professionals dedicated to driving banking excellence worldwide. About Citi: Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in more than 180 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services. Additional information may be found at www.citigroup.com | X: @Citi | LinkedIn: www.linkedin.com/company/citi | YouTube: www.youtube.com/citi | Facebook: www.facebook.com/citi  

文章來源 : PR Newswire 美通社 發表時間 : 瀏覽次數 : 53 加入收藏 :
BingX Leads in Listing $TRUMP and $MELANIA Trading Pairs

PANAMA CITY, Jan. 20, 2025 /PRNewswire/ -- BingX, a global leader in cryptocurrency exchanges, has solidified its position as an industry innovator by becoming the first exchange to offer spot trading services for $TRUMP, which launched on January 18 at 12:50 (UTC+8), followed by the introduction of coin-margined futures trading for $TRUMP the very next day. Furthermore, BingX provided users with the earliest access to perpetual trading for $MELANIA, along with spot trading support. These efforts align with BingX's broader strategy to expand its product offerings and provide users with a cutting-edge trading experience. Digital assets like $TRUMP and $MELANIA are part of the rising trend of meme coin — cryptocurrencies inspired by cultural movements or popular figures. These tokens' value is primarily driven by community interest and market activity. BingX's support for such assets shows its dedication to addressing the growing demand for a variety of trading options in the crypto space. $TRUMP stands out with its Coin-Margined Futures on BingX, providing traders with advanced tools to diversify their trading strategies. Users now are able to trade $TRUMP with the margin for futures trading on BingX, enhancing portfolio flexibility and capital efficiency. $MELANIA is currently supported by both spot and perpetual futures trading pairs, providing both experienced traders and newcomers plenty of trading options to choose from. In addition to the listing of $TRUMP and $MELANIA, BingX has launched several campaigns to enhance the trading experience for its users. Starting January 18 at 14:00 (UTC+8), BingX introduced zero-fee trading for $TRUMP. Additionally, users can participate in various promotions to win tokens and airdrops through deposits and trading activities. "The rise of personality-driven tokens like $TRUMP and $MELANIA reflects a broader trend where the crypto market intersects with finance and social movements." Vivien Lin, Chief Product Officer of BingX, commented on the significance of these new listings: "These tokens are more than just monetary assets; they capture identity and sentiment. As these assets evolve within the broader blockchain ecosystem, it's essential for platforms like BingX to innovate with products that balance volatility with educational resources, empowering users to navigate this dynamic landscape. Our focus remains on creating a robust platform that supports diverse investments while ensuring transparency and security." About BingX  Founded in 2018, BingX is a leading crypto exchange, serving over 10 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports. For more information please visit: https://bingx.com/

文章來源 : PR Newswire 美通社 發表時間 : 瀏覽次數 : 59 加入收藏 :
IRRI and smart agriculture technology leader XAG collaborate to promote digital agriculture and precision farming in the Philippines

LOS BAÑOS, Philippines, Jan. 20, 2025 /PRNewswire/ -- The International Rice Research Institute (IRRI) and smart agriculture technology leader XAG are set to accelerate agricultural automation and innovation in the Philippines through digital agriculture and precision farming using drone technology.  Through a Memorandum of Understanding (MOU), IRRI and XAG will collaborate to validate the application of smart agriculture technologies in rice-based cropping systems through experimentation and research. XAG and IRRI collaborate to promote agricultural automation in rice farming XAG, through its Philippine partner Agridom, has donated agricultural drones to the International Rice Research Institute (IRRI) to support its mission of advancing precision agriculture and sustainable farming practices. Agridom pioneered the introduction of XAG agricultural drones in the Philippines, bringing cutting-edge technology to local farmers and institutions. This collaboration with IRRI demonstrates Agridom's unwavering commitment to driving agricultural innovation and empowering the sector with tools that enhance productivity and sustainability. "Drones have been increasingly used for high throughput phenotyping, crop monitoring, improving agricultural productivity, and supporting precision farming. By providing efficient tools for crop monitoring, precision input application, and data-driven decision-making, drones provide the potential to significantly reduce costs and increase yields, optimizing resource use and minimizing environmental impact," explained IRRI Senior Scientist and Digital Agriculture and Precision Farming Lead Engr. Steve Klassen. This meant that drones could rapidly provide measurements of traits related to growth, yield, and stress adaptation. This technology is particularly valuable to smallholder farmers who must improve their productivity and reduce production costs to be competitive and stay in business in response to climate change, labor shortages, and higher input costs. However, drone adoption in the Philippines is hindered by limited access to technology, lack of standard protocols, financial resources, and regulatory constraints. "To overcome these challenges, we need a comprehensive approach that involves targeted training, guidelines for best practices, financial incentives, and supportive government policies.", Klassen said. Klassen's team is also working with the Philippine Department of Agriculture (DA) - National Program, Philippine Rice Research Institute (PhilRice), and their allied bureaus on the Drones4Rice Project, which aims to streamline and standardize drone protocols for applying seeds, fertilizers, and pesticides in the Philippines. The donated drones will support the ongoing Drones4Rice project and other IRRI global initiatives on sustainable farming and digital accelerators. "IRRI is a key research and technology partner in the Philippines, and through this effort, we hope to contribute to the country's agricultural competitiveness through drone-based technologies." shared XAG Head of International Business Wei Tong. "XAG's agricultural drones can be applied to various precision farming scenarios, specifically but not limited to direct seeding, pesticide spraying, fertilizer operation, and remote sensing. We hope to expand our engagements abroad to strengthen global food security and tackle climate change, as rice is the primary staple food that feeds over half of the world's population.", Tong shared. Beyond this collaboration, XAG is also a member of the IRRI-led Direct Seeded Rice Consortium (DSRC), which promotes direct seeding methods in rice cultivation by developing technologies and training farmers to adopt sustainable farming practices.

文章來源 : PR Newswire 美通社 發表時間 : 瀏覽次數 : 49 加入收藏 :
From DeFi to Tokenization: Bybit's Shunyet Jan Explores the Future of Crypto Trading at iFX EXPO

DUBAI, UAE, Jan. 20, 2025 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, was presented by Shunyet Jan, Head of Derivatives Business and Institutional Sales, at the iFX EXPO. From DeFi to Tokenization: Bybit's Shunyet Jan Explores the Future of Crypto Trading at iFX EXPO Shunyet joined an expert panel titled "Crypto Trading: Finding the Evergreen" to discuss the evolving dynamics of the cryptocurrency market. The session, moderated by Karnika E. Yashwant, Founder and Chairman of KEY Difference, featured Wael Makarem, Financial Markets Strategists Lead at Exness, alongside Shunyet. Together, the panelists explored the concept of "evergreen" strategies in crypto trading, examining how to identify and implement approaches that stand the test of time. Reflecting on the discussion, Shunyet Jan said, "The iFX EXPO brought together some of the sharpest minds in trading and crypto to tackle the hard questions that define success in a volatile market. Sitting alongside Wael Makarem and Mr. Key on the panel, we delved into the forces shaping crypto's future - from the integration of AI to the shifting role of institutional players and evolving regulations. Conversations like these are crucial for advancing the industry and helping participants find the 'evergreen' in an ever-changing landscape." Key discussion points included navigating market volatility, leveraging AI and machine learning for sustainable strategies, the role of institutional players and evolving regulations, and the importance of psychological resilience in long-term trading success. They also analyzed emerging market trends, such as DeFi and tokenization, and shared practical tips for avoiding common pitfalls and building diversified portfolios that thrive in a volatile environment. Shunyet Jan also led a Gold and Forex workshop at Bybit's Dubai HQ, generating strong interest in the platform. Bybit's new MetaTrader-5 license provides professional traders with access to gold, forex, and cryptocurrencies, offering advanced tools, up to 500x leverage, competitive fees, and an intuitive interface for a seamless trading experience. The iFX EXPO, the online trading industry's biggest event series, bridges the world's top brands with like-minded professionals, traders, and more. It has grown into a global standard, providing every individual a hub to network, exchange ideas, and grow their business. The iFX EXPO remains a vital platform for fostering dialogue and collaboration among industry leaders, and Shunyet's contributions underscore Bybit's commitment to advancing the cryptocurrency space. #Bybit / #TheCryptoArk About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com. For more details about Bybit, please visit Bybit Press For media inquiries, please contact: media@bybit.com For updates, please follow: Bybit's Communities and Social Media Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

文章來源 : PR Newswire 美通社 發表時間 : 瀏覽次數 : 48 加入收藏 :
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