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BEIJING, Nov. 1, 2024 /PRNewswire/ -- This is a report from China Daily: On Oct. 25, Ocean University of China (OUC), located in Qingdao, Shandong Province, celebrated its centenary. The Yushan campus of Ocean University of China. OUC, formerly named Private Qingdao University, was established in 1924, as the first modern institution of higher education founded by the Chinese in Shandong Province. Its name changed to OUC in 2002. Since its inception, the university has adhered to the aim of imparting profound knowledge and cultivating learned talent to meet the needs of the country. Over the years, it has evolved into a comprehensive institution, specializing in marine and aquaculture studies. OUC is included in China's "Double World-Class" initiative, which aims to elevate a select group of Chinese universities and their programs to a world-class standard. With distinctive strengths in marine science and fisheries, it is taking the lead in the world in these two areas. According to the US News 2024, it is No. 1 globally in marine and freshwater biology, the Web of Science states that it is the world's most cited university in the field of fisheries, while the ShanghaiRanking's Global Ranking of Academic Subjects 2023, lists it is No. 1 worldwide in oceanography. OUC aims to become a world-class comprehensive ocean university by 2030 and to establish itself as a top-tier university in the world with its own distinctive strengths by the middle of this century. OUC has set its sights on developing top-notch professionals for the country's marine industry, with the goal of becoming a global hub for marine talent. Over the past century, the university has graduated more than 360,000 exceptional individuals across a range of fields, particularly in marine and aquaculture sectors. Notably, 16 of its alumni have become academicians of the Chinese Academy of Sciences and the Chinese Academy of Engineering, while four have served as directors of the State Oceanic Administration. More than a third of the country's PhD holders in marine and aquaculture fields graduated from OUC, and over half of the 75 scientists who participated in China's first Antarctic expedition are proud OUC graduates. Currently, OUC has four campuses with a total of 35,400+ students. The university has developed a comprehensive system dedicated to marine studies that showcases unique Chinese characteristics. It fosters integration, mutual support, and collaboration across various fields, including marine science and technology, life sciences, engineering, humanities, social sciences, and foundational disciplines. OUC boasts more than 40 important research centers and platforms, and it has initiated and participated in major international scientific projects. It led the establishment of the International Alliance of Marine Related Institutions and China-Norway Marine University Consortium Alliance, and hosts the CLIVAR Project Office. It is spearheading the implementation of major international marine observation programs and it has successfully secured the right to host the OceanObs' 29. OUC owns three research vessels, represented by Dong Fang Hong 3, a 5,600 DWT comprehensive research vessel with a Silent-R certificate, forming a mobile laboratory system that covers the nearshore, offshore, deep waters, high seas, and polar regions, with first-tier observation capacity. The university has proposed and implemented strategic initiatives, including the "Transparent Ocean", "Blue Granary", "Blue Drug Storage", and "Blue Seeds", and formed major innovation platforms such as national laboratories in marine-related fields. Dedicated to global engagement, the university works closely with more than 300 partner institutions across over 50 countries and regions to create global platforms for cooperation and innovation in ocean research and education.
BLOCK71 Nagoya will also be the gateway for Japanese start-ups to Southeast Asia NUS partners ENEOS Holdings, Inc. to facilitate bilateral cooperation in growing innovation and enterprise ecosystems in both countries NAGOYA, Japan, Nov. 1, 2024 /PRNewswire/ -- NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS) has launched BLOCK71 Nagoya today, marking its operational opening for start-ups. BLOCK71 Nagoya aims to create a technology-focused ecosystem connecting Japan and Southeast Asia, providing Southeast Asian start-ups with essential support to navigate Japan's cultural and business nuances for successful expansion. At the same time, it will support Japanese start-ups to grow and scale effectively in Southeast Asia. Nagoya is a key hub for technology start-ups looking to expand into Southeast Asia, backed by Aichi's strength as Japan's manufacturing powerhouse, which is home to leading companies in automotive, aviation, and robotics. These industries provide a strong foundation for technological growth and offer valuable collaboration opportunities with established corporations. The opening of the centre was graced by His Excellency Hideaki Omura, the Governor of Aichi Prefecture, who was joined by Professor Tan Eng Chye, NUS President; Associate Professor Benjamin Tee, Vice President (Ecosystem Building), NUS Enterprise; Professor Naoshi Sugiyama, Nagoya University President; and Mr Hirotaka Sahashi, STATION Ai Corporation President and CEO. BLOCK71 in Japan – a bridge between Southeast Asia and Japan BLOCK71 is a technology-focused ecosystem builder and global connector that catalyses the start-up community. It has established itself as a leading force in global entrepreneurship, with offices spanning across Southeast Asia, the United States of America, China, and now Japan. As NUS' first BLOCK71 location in Japan, the opening of the Nagoya office marks a significant addition to this network, representing a strategic move to promote market entry for Southeast Asian ventures (see Annexe A for background on BLOCK71). Unlike other BLOCK71 global offices that focus on incubation, BLOCK71 in Japan prioritises market launch activities due to Japan's mature and established start-up landscape. The Japanese offices will provide Japanese start-ups with the resources and networks to expand into Southeast Asia, while enabling Southeast Asian start-ups to establish a foothold in Japan. Japan's strong tradition of innovation presents immense opportunities for collaboration with Southeast Asia's dynamic start-up ecosystems. BLOCK71 Nagoya will empower Japanese corporations and start-ups by connecting them to a broad network of Southeast Asian start-ups, investors, and industry leaders, fostering partnerships that drive innovative projects and facilitate market expansion. Similarly, Southeast Asian start-ups aiming to enter the Japanese market can benefit from BLOCK71 Nagoya to connect them with key stakeholders in the local innovation ecosystem. "BLOCK71 Nagoya is not only a launchpad for Southeast Asian start-ups entering Japan, but also a gateway for Japanese start-ups looking to break into the diverse and rapidly growing Southeast Asian markets. By leveraging BLOCK71's vast networks and experience, we aim to provide Japanese entrepreneurs with the tools, insights, and partnerships needed to navigate these emerging economies successfully," said Professor Tan Eng Chye, NUS President. BLOCK71 Nagoya will prioritise establishing key business milestones, including developing the Proof of Concept (PoC), fundraising, forging contracts, and integrating within BLOCK71's extensive global network and quality start-up pool. Additionally, BLOCK71 in Japan will not only provide physical office spaces within their partners' coworking space in key cities, but also deploy dedicated staff across the country to identify growth opportunities for start-ups by capitalising on Japan's multifaceted market landscape. Collaboration with ENEOS to enhance innovation As part of its commitment to driving innovation, NUS Enterprise has established a strategic partnership with ENEOS Holdings, Inc. (ENEOS), one of the largest energy companies in Japan, through a Memorandum of Understanding (MOU) signed on 31 October 2024. The MOU was signed by Professor Tan Eng Chye, NUS President and Mr Toru Naganuma, General Manager, Emerging Business Development Department, ENEOS. The collaboration aims to enhance venture-building activities for NUS start-ups by providing them with exposure to real-world industry challenges. Together, both organisations will identify promising Southeast Asian start-ups and innovative solutions that can address critical industry issues. Key focus areas include mobility, decarbonisation, the circular economy, and artificial intelligence. In addition, this partnership enables established corporations like ENEOS to maintain competitiveness through continuous innovation in an ever-evolving global economy. Start-ups, recognised for their agility and creativity, often experiment with cutting-edge technologies and business models that can drive corporate innovation. By partnering with start-ups, ENEOS can respond more swiftly to market changes, diversify its product offerings, and penetrate new markets and customer segments. For NUS start-ups, this partnership opens up opportunities to expand into the Japanese market by addressing real-world challenges posed by ENEOS. Additionally, participating start-ups will gain valuable insights into the operations of traditional Japanese companies, enhancing their understanding of this unique market. "The partnership between NUS Enterprise and ENEOS Holdings will leverage the strengths of our extensive BLOCK71 ecosystem and network to foster innovation and entrepreneurship. This collaboration connects our start-ups with real-world industry challenges, enhancing their ability to develop solutions that meet the evolving needs of the energy sector. By integrating the capabilities of NUS Enterprise with ENEOS' expertise, we aim to create a vibrant ecosystem where agility and creativity drive impactful advancements. Together, we are committed to nurturing the next generation of Southeast Asian start-ups that will shape the future of sustainable energy and technology," added Professor Tan Eng Chye, NUS President. "Collaborating with NUS Enterprise provides ENEOS with a unique opportunity to harness the dynamic energy of Southeast Asia's start-up ecosystem. By engaging with innovative start-ups, we can gain fresh insights and co-create solutions that address the pressing challenges in our industry. This partnership will not only enhance our ability to adapt to market changes but also position us at the forefront of sustainable energy advancements. We are eager to work alongside these visionary entrepreneurs to drive meaningful progress in the energy sector," said Mr Miyata Tomohide, Representative Director, CEO of ENEOS.
HONG KONG, Oct. 31, 2024 /PRNewswire/ -- In a groundbreaking initiative, The Hong Kong University of Science and Technology (HKUST) has unveiled four AI-driven models poised to transform the medical and healthcare fields. These AI models can assist both general and specialist medical practitioners in diagnosing and prognosing up to 30 types of cancers and diseases, with some achieving accuracy comparable to that of medical experts with five years of experience or more. Supported by the University's new AI supercomputing facility, which offers robust computing power, these large AI models surpass many existing systems due to their foundation on extensive data sets and novel machine training strategies. Prof. CHEN Hao, Assistant Professor in the Department of Computer Science and Engineering and project lead, said that one model processed over 160 million images across 32 cancer types for pathological diagnostic tasks. The four models include: MOME (Breast Cancer Diagnosis) - This is the first adaptation of a large foundation model for 3D mpMRI fusion. Targeting breast cancer, one of the most prevalent cancers among females in Hong Kong, MOME distinguishes malignant from benign breast lumps using MRI scans, achieving accuracy levels comparable to radiologists with 5 or more years of experience. It provides an alternative to the more intrusive diagnostic form of biopsies. Additionally, it predicts patients' responses to neoadjuvant chemotherapy, enabling non-invasive and personalized management of breast cancer. mSTAR (Pathology Assistant Tool) - Pathological examination is the gold standard in cancer diagnosis, but generating pathology reports can be time-consuming and prone to errors. mSTAR, recognized as one of the world's leading foundation models, aims to streamline this process. Unlike existing ones that analyze slides by splitting them into individual patches, mSTAR stands out by directly modelling whole slide images and augmenting with multimodal knowledge, further enhancing accuracy. It assists pathologists in performing up to 40 diagnostic and prognostic tasks, significantly reducing examination time and improving diagnostic consistency. MedDr (Generalist) - This versatile AI medical generalist functions like a "medical GPT". The multimodal language model can answer questions, generate medical reports, and provide initial diagnoses based on medical images. As one of the largest open-source generalist foundation models tailored for medicine, MedDr helps physicians make faster and more accurate diagnoses. A recent study by Shanghai AI Lab recognized it as one of the best existing generalist models. XAIM (Explainable AI) - This novel framework enhances healthcare professionals' confidence in adopting AI by explaining how medical AI models reach their decisions. While many AI models offer high accuracy, they often lack transparency, leading to skepticism. XAIM addresses this by providing visual and textual explanations of the models' analyses. Prof. Chen, also the Director of the Collaboration Center for Medical and Engineering Innovation, jointly established between HKUST and Union Hospital, Tongji Medical College of Huazhong University of Science and Technology, stated, "We hope our AI tools will serve as valuable assistants for doctors, improving diagnostics, personalizing treatment plans, and streamlining different tasks. Building on our success, we are developing a wide range of AI applications targeting various clinical tasks, particularly precision oncology and computer-assisted intervention, while continuously enhancing our models with more data and modalities. By collaborating closely with clinical partners, we aim to drive improvements in patient care over the long term." As a leader in AI research, HKUST has made significant contributions to medicine, including an AI model predicting the prognosis of brain tumor patients, a highly accurate blood test for early detection of Alzheimer's disease and mild cognitive impairment, and a microscope aiding near real-time judgments in lung cancer surgery, sparing patients' unnecessary procedures. Video: https://www.youtube.com/watch?v=AET5DOWHeHo Download photos here: https://geco.ust.hk/download/press_release/1031%20AI%20doctor/Photo/
SEOUL, South Korea, Oct. 31, 2024 /PRNewswire/ -- MOIN, a leading cross-border remittance service provider, has successfully collaborated with Visa to address a long-standing challenge in cross-border payments: the inability to seamlessly transmit detailed non-financial data alongside financial transactions. The Proof of Concept (POC), developed in collaboration with Visa, enables enhanced transparency and efficiency in tuition payments for international students. Following the POC's success, MOIN is now working towards the commercialization phase of the solution. MOIN, known for its innovative approach to remittance services, has long specialized in offering cross-border payment solutions tailored to individuals and businesses. By combining MOIN's expertise with Visa's real-time money movement platform, Visa Direct, the POC sought to resolve the critical issue of limited data transmission in international payments. Currently, when cross-border payments are sent through traditional banking systems, the sender is restricted by the limited text field available within the SWIFT network, which often fails to capture vital information, such as student identification numbers or the purpose of payment. These limitations create inefficiencies in payment reconciliation and financial management, particularly for educational institutions that rely on accurate data for administrative processes. The Solution: Comprehensive Data Transfer with Payments The POC successfully demonstrated a new solution that allows for the transmission of comprehensive, detailed non-financial data alongside the financial transaction itself. For example, when an international student sends a tuition payment to a university, the transaction is now accompanied by essential details such as the student's ID number, a description of the payment purpose (e.g., tuition, dormitory fees, meal plans), the expected delivery date, the exact amount, the applied foreign exchange (FX) rate, and the status of the transfer. This not only facilitates smoother and quicker financial management for universities but also improves the student's administrative experience by minimizing payment-related delays. MOIN acts as both the originating remittance service provider and the reconciliation entity, ensuring that the right data reaches the right parties at each step. Visa Direct's secure and fast network plays a critical role in the transmission of both the funds and the associated data, overcoming the data transmission restrictions previously faced by the SWIFT network. Addressing a Growing Market Need With over 6.4 million international students globally and an estimated tuition payment volume of approximately $128 billion(Source : Project Atlas, 2023), there is a clear need for more efficient and transparent payment solutions. This newly tested POC addresses a significant market gap, providing universities with all the necessary information they need to accurately and efficiently reconcile incoming tuition payments. The benefits extend beyond educational institutions, offering improvements across various sectors where cross-border payments are crucial, including healthcare, housing, and business transactions. MOIN's Role and Expertise: A Dual Function in the POC MOIN's expertise and experience in cross-border remittance played a pivotal role in this POC, particularly in managing transactions involving international students. MOIN not only facilitated the sending of payments from students but also took on the additional responsibility of validating and reconciling the received payments at universities. Specifically, MOIN's system allows universities to easily access transaction details tied to a unique reference ID through a user-friendly dashboard. This provides clear visibility into which student made the payment and the exact purpose of the funds, enabling universities to manage and reconcile payments efficiently. This dual role showcases MOIN's ability to manage both sides of the transaction process—sending and receiving—while ensuring transparency and efficiency. Visa Direct was integral to this success. It enabled faster, more cost-effective cross-border payments with the added benefit of carrying detailed transaction data. MOIN's deep understanding of the needs of international students and educational institutions, particularly in Korea—one of the world's largest markets for study abroad—helped tailor the solution to meet these unique requirements. As a result, the POC has proven that MOIN's technical capabilities are not only on par with global payment industry standards but also lead the field in innovative remittance solutions. Looking Ahead: Global Commercialization Following the successful completion of the POC, MOIN is now focused on bringing this solution across markets with high penetration of overseas students. While the initial test was conducted between Korea and Europe, the commercialization phase will extend to markets in North America, Asia, and beyond. The POC has already attracted the interest of major global acquirers, who are preparing to join the new reconciliation payment network, further expanding its reach. MOIN will continue to play a key role as both a sending and reconciliation partner in this network, demonstrating its ability to handle large-scale cross-border transactions with unmatched efficiency and accuracy. The company's technological prowess has been solidified through this partnership, setting the stage for future collaborations with global payment and remittance firms. A Word from MOIN's CEO MOIN's CEO, ILSEOK SUH, expressed his enthusiasm for the success of the POC, stating, "This collaboration with Visa has allowed us to solve a critical issue in cross-border remittances and payments. The ability to seamlessly transmit detailed non-financial data alongside payments is a major step forward, not only for students and educational institutions but for the entire remittance and payments industry. We are excited to build on this success and continue expanding our global partnerships." SUH further added that MOIN is now positioned to broaden its partnerships globally, collaborating with a diverse range of companies and payment networks across different regions. As the demand for more efficient, transparent, and cost-effective payment solutions continues to grow, MOIN's expertise will remain at the forefront of this evolution.
SHENZHEN, China, Oct. 30, 2024 /PRNewswire/ -- On October 26, 2024, Peking University HSBC Business School (PHBS) commemorated its 20th anniversary at the Shenzhen University Town Sports Center, drawing over 3,600 participants to witness this significant milestone, including leaders, alumni, faculty, and other honored guests. Coming from 13 countries across the globe, they converged to celebrate the school's achievements and build on its invaluable legacy for many more years to come. The 20th Anniversary Ceremony Celebration Reflecting on the school's 20 years of development, Hai Wen, vice chairman of Peking University council and PHBS founding dean, emphasized in his remarks that "vision and perseverance" are the foundation of the institution, "endless innovation" the cornerstone of development, and "united to achieve" the key to success. PHBS Dean Wang Pengfei noted that in the future, PHBS will maintain the enthusiasm and resilience from its founding days and continue to enhance academic leadership, talent cultivation, and internationalization, so as to further improve the school's global standing among world-class business schools. During the ceremony, commemorative awards were presented to honor the outstanding contributions of esteemed leaders, professors, and guests who have played crucial roles in the school's development. Among the recipients from academia and industry, there were Xu Zhihong, academician of the Chinese Academy of Sciences and former president of PKU and Thomas J. Sargent, the 2011 Nobel laureate in economics and honorary director of the Sargent Institute of Quantitative Economics and Finance at PHBS. Launch of the "Intelligent Information Base of Chinese Enterprises” A highlight of the ceremony was the launch of the trial version of the school's "Intelligent Information Base of Chinese Enterprises," marking a significant milestone for PHBS in advancing business education and practice within the context of the AI era. Wei Wei, director of the Intelligent Center for Enterprise Information, highlighted that it is the first Chinese enterprise database to use the self-developed intelligent technology platform ExpertCPT, which will greatly enhance enterprise information inquiries and research on management cases. PHBS UK Campus also held joint festivities, featuring a school history exhibition and alumni speeches. With a legacy spanning two decades, PHBS has nurtured over 50,000 alumni, who now excel across diverse fields worldwide, making significant contributions in finance, academia, and beyond. Source: https://english.phbs.pku.edu.cn/2024/news_1028/3649.html
SINGAPORE, Oct. 30, 2024 /PRNewswire/ -- Singapore Management University (SMU) is pleased to announce the appointment of Professor Alan Chan as its new Provost, effective 1 April 2025. Professor Chan will succeed Professor Timothy Clark, who will complete his term as Provost on 31 March 2025, after six years of service. Educated in Canada, Prof Chan began his academic career there but moved to Singapore to join the National University of Singapore. He played various leadership roles in education and research before joining Nanyang Technological University, where he took on other leadership roles at both college and university levels. The breadth of experience in both these institutions positioned him well for the Provost role at Chinese University of Hong Kong (CUHK), a role he has held for five years. In total, Prof Chan brings with him more than 25 years of leadership experience from some of Asia's top universities As Provost at CUHK, Prof Chan has played a key role in driving the university's strategic plan, increasing enrolment, and improving student quality, and managing operations through the challenges of the COVID-19 pandemic. Post-COVID, he led the university to grow faculty numbers and quality significantly. He has a proven track record in academic leadership, university governance, and fostering international collaborations. His extensive experience in academic planning, research development, and student experience aligns well with SMU's vision for the future. "We are excited to welcome Professor Alan Chan to SMU and look forward to the wealth of knowledge and experience he will bring," said SMU President, Professor Lily Kong. "His deep commitment to academic excellence and collaborative leadership will help further elevate SMU's standing as a global city university. His breadth of international experience, coupled by his deep understanding of the Singapore higher education landscape, stands him in very good stead in his role as Provost of SMU." SMU also extends its gratitude to outgoing Provost, Prof Clark, for his dedicated service over the past six years. During his tenure, Prof Clark made significant contributions to SMU's academic progress, leading initiatives in undergraduate and postgraduate education, as well as in professional and continuing education. His leadership was instrumental in navigating the challenges posed by the COVID-19 pandemic while ensuring continued academic and research excellence. Prof Clark will remain with SMU as a Professor at the Lee Kong Chian School of Business on a fractional basis. "Professor Clark's contributions have been invaluable, and we are grateful for his commitment and leadership," said Prof Kong. "We are glad that he will continue to be a part of the SMU family, in contributing his teaching and research." Prof Alan Chan will join SMU on 1 March 2025 for a transitional period before assuming his full responsibilities as Provost on 1 April 2025. About Singapore Management University A premier university in Asia, SMU is internationally recognised for its world-class research and distinguished teaching. Established in 2000, SMU's mission is to generate leading-edge research with global impact and to produce broad-based, creative, and entrepreneurial leaders for the knowledge-based economy. SMU's education is known for its highly interactive, collaborative, and project-based approach to learning. Home to over 13,000 students across undergraduate, postgraduate professional and postgraduate research programmes, SMU comprises eight schools: School of Accountancy, Lee Kong Chian School of Business, School of Economics, School of Computing and Information Systems, Yong Pung How School of Law, School of Social Sciences, College of Integrative Studies, and College of Graduate Research Studies. SMU offers a wide range of bachelors', masters', and PhD degree programmes in the disciplinary areas associated with its schools, as well as in multidisciplinary combinations of these areas. SMU emphasises rigorous, high-impact, multi- and interdisciplinary research that addresses Asian issues of global relevance. SMU faculty members collaborate with leading international researchers and universities around the world, as well as with partners in the business community and public sector. SMU's city campus is a modern facility located in the heart of downtown Singapore, fostering strategic linkages with business, government, and the wider community. www.smu.edu.sg
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