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SINGAPORE, Feb. 23, 2023 /PRNewswire/ -- The Asian Venture Philanthropy Network (AVPN), in partnership with Moody's, is thrilled to announce the launch of the second edition of Stimulating Entrepreneurship and Business Growth Programme, a capacity-building program that seeks to empower and support early to growth stage women-led enterprises in the Asia Pacific region. The programme aims at creating a pathway for lasting impact in the region by supporting the next generation of leaders. Women who is running their own enterprises need support to strive. The Stimulating Entrepreneurship and Business Growth Programme is here to empower and support women-led enterprises in driving economic growth and social change. Applications open from 23 February to 31 March 2023. The programme is open to small businesses that are revenue-generating enterprises in the early to growth stage. Eligible small businesses must have a Minimum Viable Product (MVP) that is ready for validation and/or have secured their first customer. Small businesses should be registered and/or operating in the Asia Pacific region. Preference will be given to small businesses that are led by women in leadership positions and/or are focused on making an impact on women's issues. "We are really proud to once again continue this fantastic initiative to support early to growth stage women-led enterprises to gain the skills and resources they need to grow their business and make a lasting impact on their communities," said Naina Subberwal Batra, CEO of AVPN. "By empowering more women entrepreneurs in the Asia Pacific region, we aim to drive economic growth and lasting impact in the Asian communities." "We are excited to collaborate with AVPN on this innovative program," said Jennifer Stula Rivera, Global Head of Community Impact, Moody's. "By providing knowledge and resources, our aim is to help these entrepreneurs to grow their small businesses and fuel economic inclusion in their communities." Participants in the program will have access to other networking events organised by AVPN, such as the South Asia, South East Asia Summit. Additionally, participants will have visibility with AVPN's vast membership of social investors, through the Deal Share Platform listing. The application period for the program is from 23 February to 31 March 2023. Interested small businesses are encouraged to apply early to secure a spot in the program. For more information about the program and how to apply, visit https://avpn.asia/capacity-building/stimulating-entrepreneurship-and-business-growth/ About AVPN AVPN is the world's largest network of Social Investors in Asia, with over 600 diverse members across 33 markets. Their mission is to close the SDG gaps in Asia, by enabling their members to increase the flow of financial, human, and intellectual capital towards impact. Through sharing knowledge and innovating collaborations between policy makers, family offices, foundations and the private sector, AVPN improves the effectiveness of capital deployed; bringing to bear the local field needs, regional expertise, and policy insights. About Moody's Moody's (NYSE: MCO) is a global integrated risk assessment firm that empowers organizations to make better decisions. Its data, analytical solutions and insights help decision-makers identify opportunities and manage the risks of doing business with others. We believe that greater transparency, more informed decisions, and fair access to information open the door to shared progress. With approximately 14,000 employees in more than 40 countries, Moody's combines international presence with local expertise and over a century of experience in financial markets.
JAKARTA, Indonesia, Feb. 23, 2023 /PRNewswire/ -- PT Air Liquide Indonesia ("ALINDO"), a fully owned subsidiary of Air Liquide, has signed a contract with Saint-Gobain Abrasives Diamas to supply low carbon liquid nitrogen, marking this as the first low carbon industrial gas supply in Indonesia. Air Liquide Air Liquide's low carbon offer to Saint-Gobain relies on the access to sufficient renewable energy to produce the volumes required by Saint-Gobain. This supply is guaranteed by certificates. This partnership between Air Liquide and Saint-Gobain underlines the commitment of both companies to reduce their carbon footprint, in line with the Indonesian government's climate objectives. Marloes Moerman, Air Liquide Indonesia President Director: We are pleased to embark on this decarbonization-driven collaboration with Saint-Gobain as our first low carbon gas customer in Indonesia. This will help us achieve our shared climate goals, using our expertise and commitment to lowering carbon emissions. With our customers and industrial partners, we look forward to building a sustainable future together. Dzulfikri, Saint, Saint-Gobain Industrial Director: This joint-project is fully in line with Saint-Gobain Group's Grow & Impact strategy, successfully implemented to reinforce its leadership in the industrial markets with a commitment to decarbonize our own operations and offer integrated solutions for the decarbonization of clients through a continuous innovation process providing sustainability and performance. The Saint-Gobain Group's commitment is guided by its purpose, "Making the World a Better Home". About Air Liquide A world leader in gases, technologies and services for Industry and Health, Air Liquide is present in 75 countries with approximately 66,400 employees and serves more than 3.8 million customers and patients. Oxygen, nitrogen and hydrogen are essential small molecules for life, matter and energy. They embody Air Liquide's scientific territory and have been at the core of the company's activities since its creation in 1902. Taking action today while preparing the future is at the heart of Air Liquide's strategy. With ADVANCE, its strategic plan for 2025, Air Liquide is targeting a global performance, combining financial and extra-financial dimensions. Positioned on new markets, the Group benefits from major assets such as its business model combining resilience and strength, its ability to innovate and its technological expertise. The Group develops solutions contributing to climate and the energy transition—particularly with hydrogen—and takes action to progress in areas of healthcare, digital and high technologies. Air Liquide's revenue amounted to more than 23 billion euros in 2021. Air Liquide is listed on the Euronext Paris stock exchange (compartment A) and belongs to the CAC 40, CAC 40 ESG, EURO STOXX 50 and FTSE4Good indexes.
Highlights achievements in Taiwan and business value of sustainability TAIPEI, Feb. 23, 2023 /PRNewswire/ -- Atlas Copco Group, a world-leading provider of sustainable industrial solutions founded in 1873, is celebrating its 150-year anniversary today. Unique to the air compression industry, this achievement represents a major milestone in the company's history of harnessing great ideas to drive development — ideas that have culminated in feats such as pioneering oil-free air compressors and offering the first variable speed drive compressors in 1992. Atlas Copco Taiwan celebrating 150 years of innovation "We are extremely proud of our past, and we continue to shape the future through our technologies and service solutions," said Mats Rahmström, CEO and President of the Atlas Copco Group. "Much has changed since 1873 when we were a small local start-up. But I think our founders would recognize our innovative spirit, the passion shown by our employees and our dedication to drive development together with our customers." To mark the occasion, Atlas Copco Taiwan is also celebrating its growth and accomplishments specific to the Taiwan market and highlighting the long-term value of doing business the sustainable way. Empowering customers to grow and drive society forward Decades of business operations, including the setting up of a local team in 1980, have allowed Atlas Copco to support the booming industries in Taiwan, and the company's presence spans semiconductors, manufacturing, food and beverage, and the healthcare space. "Our team of over 100 talented, hardworking professionals has been the biggest driver of our success in Taiwan, and we will continue to build on that momentum so that we can reach greater heights," shared Dereck Devlin, General Manager of Atlas Copco Taiwan. Its versatile range of air compressors delivers high energy efficiency and reliability, helping a significant and growing portion of Taiwan's economy to reduce power consumption while increasing cost savings. For example, its partnership with the Taiwanese electronics company Innolux led to savings of NT$40,000,000 annually and reduced carbon emissions by 8,485 tons, following the implementation of Atlas Copco's low-pressure air blowers in Innolux's water treatment system. To drive future growth, Atlas Copco Taiwan is looking to enhance its service after purchase, with an expanded team to handle after-market support for air compressors and other related products. A leader in sustainability and energy efficiency As an organization, Atlas Copco has a long tradition of embracing sustainability and has taken widespread action across its operations. Atlas Copco Group has set two science-based targets to reduce carbon emissions by 46% by 2030, compared to its 2019 baseline, and to reduce value chain emissions, mainly the carbon impact of its products in use, by 28% by 2030, compared to its 2019 level of emissions. The company also champions industries in adopting such measures and encourages enterprises to save energy and cost through using its energy-efficient air compressors. "From using more sustainable modes of transportation to avoiding single-use plastic in the office, we look at every opportunity possible to reduce our impact on the environment. It's not enough for companies to just talk the talk; we also need to walk the walk," added Devlin. Committed to supporting local economic development and environmental protection, Atlas Copco is also actively involved in Taiwan's European Chamber of Commerce to engage with the business community. As part of its work on the Chamber, it helped launch the Low Carbon Initiative, which encourages member enterprises to take action on sustainability and reduce their carbon footprint. About Atlas Copco Group Great ideas accelerate innovation. At Atlas Copco we have been turning industrial ideas into business-critical benefits since 1873. By listening to our customers and knowing their needs, we deliver value and innovate with the future in mind. In 2022, Atlas Copco Group had revenues of BSEK 141 and at year end about 49 000 employees. For more information, visit: www.atlascopcogroup.com. Atlas Copco Taiwan General Manager, Dereck D Devlin shares our history of Atlas Copco
MUMBAI, India, Feb. 23, 2023 /PRNewswire/ -- Ascenda, the global rewards technology company, today announced a strategic partnership with HDFC Bank, the largest private sector bank in India, to drive growth for its payments business. A suite of new best-in-class rewards propositions, powered by Ascenda, will enable HDFC Bank to deepen engagement with its large premium base of customers. The Ascenda and HDFC partnership multiplies the value of rewards options for the bank's large premium customer base. The new program will leverage Ascenda's global rewards infrastructure, including the world's largest points exchange network, which connects leading financial services brands to major merchant partners across the globe. HDFC Bank will also be tapping into Ascenda's marketing enablement capabilities to bring customers unprecedented rewards value through compelling targeted offers. The partnership significantly multiplies the choice and value of rewards options that the bank's card customers can now access when redeeming their HDFC Bank Reward Points. The new offering has been introduced on Smartbuy, an offers listing platform, curated especially for HDFC Bank customers looking for aspirational reward opportunities. Parag Rao, Group Head, Payments, Consumer Finance, Digital Banking, and IT at HDFC said: "At HDFC Bank, we've always put customer experience at the heart of our strategy and expanding our line-up of high-value rewards offers delivers on that mandate. We're thrilled to launch this partnership with Ascenda to bring customers exciting new ways to engage with our payment products." Sebastian Grobys, CCO & co-founder at Ascenda, added: "We're delighted to partner with HDFC Bank to drive increased differentiation, acquisition and spend for its payment products. This partnership launches just as consumer appetite for international travel has returned in a big way, and we're looking forward to further growing the program with HDFC Bank in the years to come". About Ascenda Ascenda is a global technology company that makes banking & payments rewarding. Delivering digitally native, intuitive and easy-to-deploy rewards infrastructure that enables banks to build deeper customer connections across the entire financial relationship. The company serves financial services clients in more than 40 markets, from leading banks to fast-moving disruptors, including HSBC, American Express, Brex, Capital One, Virgin Money, ICBC, and Standard Chartered. For more information about Ascenda, please visit ascendaloyalty.com. About HDFC BANK: For more information, please log on to: www.hdfcbank.com
COPENHAGEN, Denmark, Feb. 23, 2023 /PRNewswire/ -- Dawn Health, a global leader in digital health, today announced a strategic partnership with Novartis, one of the leading medicines companies in the world, to support the development of a platform that enables the effective remote monitoring and management of patients to realize a hybrid future for chronic care and transform the experience for all stakeholders. "We are thrilled to announce this global partnership with Novartis that aims to unlock a digital first approach towards a more personalized treatment for patients. We see a big potential in effectively leveraging our shared capabilities, building on the Dawn Health SaMD platform to support patients suffering from a range of chronic diseases", says Daniel Daugaard, Founder & CEO at Dawn Health. Chronic diseases are the leading cause of mortality in Europe, representing 86% of all deaths, according to the Chronic Disease Alliance1. Accordingly, the treatment and management of these chronic diseases are the leading drivers of current healthcare costs today. However, chronic care is experiencing considerable challenges due to significant capacity constraints and limited insights into patient outcomes and often dispersed care of patients across various care teams. Novartis has selected Dawn Health as their partner and the legal manufacturer of the envisioned platform in a patient-first approach that empowers patients and their care teams to make better and faster treatment decisions aimed at improving outcomes and managing chronic diseases more proactively and efficiently. By combining a patient mobile application focused on high engagement and exceptional UX with innovative elements like symptom tracking, novel (digital) biomarkers, clinical decision support services, virtual clinic capabilities and other relevant services as they become available, the platform will be tailored very specifically to the needs and demands of each separate disease in scope. Based on a broad portfolio of treatments by Novartis across many chronic diseases, the partnership will be taking a strategic approach to prioritize those diseases which are characterized by high levels of unmet patient needs, uncertainty about current disease state and progression and resulting cautious approaches to treatment. The aim of any solution will be to further empower patients through better tracking and identification of disease activity remotely to enable patients and their care teams to make timely and confident treatment decisions. About Dawn Health Dawn Health is a global leader in digital health and a catalyst for spearheading innovation in the healthcare industry. The company specializes in development of software as medical device (SaMD) and digital therapeutics (DTx). The company's mission is to bring research, care and technology together with the aim of helping 1 million people live longer and better lives by 2030. Dawn Health Videohttps://vimeo.com/799453438/062636f5ed Contact, Media Relationsglobalpress@dawnhealth.com+45 25 13 63 49 [1] https://alliancechronicdiseases.org/chronic-disease-policy/ The following files are available for download: https://mb.cision.com/Main/21169/3717728/1858122.pdf Press Release (PDF) https://news.cision.com/dawn-health-a-s/i/press01,c3145678 Press01 https://news.cision.com/dawn-health-a-s/i/press02,c3145679 Press02 https://news.cision.com/dawn-health-a-s/i/press03,c3145680 Press03 https://news.cision.com/dawn-health-a-s/i/press04,c3145681 Press04 https://news.cision.com/dawn-health-a-s/i/press05,c3145682 Press05 https://news.cision.com/dawn-health-a-s/i/press06,c3147150 Press06 https://news.cision.com/dawn-health-a-s/i/press07,c3147151 Press07
Malaysian Investment Development Authority (MIDA) and Malaysia Digital Economy Corporation (MDEC) Welcome the JV Partnership to Enhance Digital Infrastructure in MalaysiaSINGAPORE/KUALA LUMPUR, MALAYSIA - Media OutReach - 23 February 2023 - Real estate private equity firm Gaw Capital Partners announced today that the firm, has formed a JV platform jointly with A3 Capital to invest into greenfield and under-performing data centre assets across key markets in the Southeast Asia region. The collaboration is aimed to create a portfolio of Tier-3 certified data centre assets. This JV platform will also launch the Infinaxis Data Centre platform with a focus on developing Internet Data Centre (IDC) assets across the Southeast Asia region. The data centre assets under the JV platform will be managed by Infinaxis, staffed by an experienced data centre team originally under A3 Capital. The JV platform's first investment is located in Cyberjaya, Kuala Lumpur, Malaysia, with other pipeline opportunities in other neighboring countries like Indonesia and Singapore. Cyberjaya is one of the largest IDC hubs in Malaysia, housing 67 per cent of the Multi-Tenant Data Centre market in Malaysia as of Q2 2021. Considered as the "Silicon Valley of Malaysia", Cyberjaya, spanning around 29 square kilometers, is the nucleus of the Multimedia Super Corridor in Malaysia. Cyberjaya houses over 2,000 businesses, including SMEs, startups and multinational companies such as IBM, Fujitsu, Panasonic and Huawei, as well as seven universities, turning it into a regional and global ICT hub. Located in Cyberjaya, the seed investment consists of two greenfield sites with a combined plot area of 12,490 square meters. The JV platform will develop a 12 MW IT load IDC facility on one of the plots. The IT capacity will potentially be doubled in the future, with the second plot to be developed as an expansion site. The data centre assets under the JV platform will be operated by Infinaxis, which consists of seasoned industry experts with decades long track records in data centre, real estate and technology industries. Kok Chye Ong the Managing Director and Head of IDC Platform, Asia (Ex-China) of Gaw Capital Partners said "Gaw Capital Partners is honored to work together with Infinaxis Data Centre Holdings as the platform operator. By forming this strong partnership, we will develop, acquire or reposition four to five data centres in different locations throughout Southeast Asia. The data centre demand in Malaysia is underpinned by strong internet traffic and high amount of data consumption. In recent years, the internet data growth in these areas have been further accelerated by the continued digital transformation of enterprises and 5G penetration. Also, several government initiatives over the last decade have made Malaysia an attractive market for data centres. However, the supply of quality data centres has not caught up with the technical demand from customers. We look forward to exploring more investment opportunities in this market." Zahri Mirza, Chief Executive Officer (CEO) for Infinaxis further added, "The outlook for data centre demand in Southeast Asia is indeed highly positive and our collaboration with Gaw Capital will allow us to fast track the delivery of services for our customers. Indeed, through our Gaw Capital partnership we have been able to gain support from MIDA and MDEC in processing the necessary regulatory approvals in a timely manner." The Malaysian Investment Development Authority (MIDA) and Malaysia Digital Economy Corporation (MDEC) welcome the JV partnership formed by Gaw Capital Partners and A3 Capital to launch the Infinaxis Data Centre platform, enhancing digital infrastructure in Malaysia. Data center facilities are now at the forefront of innovation and have been supporting the demand for mission-critical digital infrastructures and the cumulative growth of data. Not only do businesses rely on data centers for storage, but for disaster recovery and data management too. Datuk Wira Arham Abdul Rahman, CEO of MIDA said "My sincere compliments to Gaw Capital Partners and A3 Capital for launching the Infinaxis Data Centre platform. Malaysia is the location of choice for industry leaders to site their best-in-class data centres. These combined efforts will definitely play a key role in enhancing our digital infrastructure." "The Government is committed to growing Malaysia as a data centre hub by developing infrastructure, facilitating innovation and strengthening frameworks guided by the MyDigital Blueprint and National Investment Policy (NIP). Anchored by the National Investment Aspirations (NIA), the NIP will outline practical strategies to prioritise nurturing innovative, high-impact, high-tech investments that create high value jobs," added Datuk Wira Arham. Ts. Mahadhir Aziz, CEO of MDEC, said, "As the nation's lead digital economy agency, we are pleased to have facilitated this expansion in raising the overall infrastructure capacities in the data centre sector. This will be crucial as we seek to continue accelerating the growth of our digital economy, guided by the new national strategic initiative, Malaysia Digital (MD). MDEC will strive to form more effective collaborations and drive further facilitation on this front to ensure that the nation remains competitive and attractive to investments, towards establishing Malaysia as the digital hub of ASEAN." The JV platform is committed to incorporating ESG principles. Infinaxis plans to apply a staged implementation of more advanced sustainability features over time, considering the availability of options and unique circumstances at the respective sites. The data centres will be more efficient and sustainable, fundamentally making them more competitive which will increase the platform's long-term value. Gaw Capital Partners was named 'Alternatives Investor of the Year: Asia' at the PERE Awards 2021 after receiving the largest number of votes in a public ballot of the real estate industry. In recent years, IDC has been a focus sector for Gaw Capital Partners as the data centre industry is one of the cornerstones of the digital economy, which is growing rapidly with broad prospects. The firm was also highlighted for launching two data centre platforms in China and two in Pan-Asia. In September 2020, the firm closed fundraising for its first IDC platform, which invested in a portfolio of projects in partnership with IDC developers and operators in China, bringing the total equity raised to approximately USD1.3 billion with the aim to build "green, efficient, innovative and recyclable" data centre clusters. The Asia region represents as one of the geographic frontiers in the data centre space with greater opportunities. The Gaw Capital data centre platform will also comprise data centres located in China, Indonesia, Japan, South Korea, Vietnam and now in Malaysia. Hashtag: #GawCapitalPartnersThe issuer is solely responsible for the content of this announcement.About Gaw Capital Partners Gaw Capital Partners is a uniquely positioned private equity fund management company focusing on real estate markets in Asia Pacific and other high barrier-to-entry markets globally. Specialising in adding strategic value to under-utilized real estate through redesign and repositioning, Gaw Capital runs an integrated business model with its own in-house asset management operating platforms in commercial, hospitality, property development, logistics, IDC and education. The firm's investments span the entire spectrum of real estate sectors, including residential development, offices, retail malls, serviced apartments, hotels, logistics warehouses and IDC projects. Gaw Capital has raised seven commingled funds targeting the Greater China and APAC regions since 2005. The firm also manages value-add/opportunistic funds in the US, a Pan-Asia Hospitality Fund, a European hospitality fund and a Growth Equity Fund, and it provides services for credit investments and separate account direct investments globally. Since 2005, Gaw Capital has commanded assets of US$33.6 billion under management as of Q3 2022. About A3 CapitalA3 Capital is a privately held specialist Real Estate investment platform based in Singapore with origination and execution capabilities across Asia Pacific. The founders have over 80 years of combined experience in Real Estate investment management, capital markets and finance, having managed over US$4bn worth of AUM across different geographies. A3 Capital organizes its activities in the following areas: - Real Estate Fund Management – develop real estate fund strategies in partnership with global investment funds and private equity investors; Asset Management – execute real estate strategies on behalf of global funds and institutions; Syndication – source, structure and invest alongside partners in opportunistic/open ended real estate and other asset-based strategies. About Infinaxis Data Centre HoldingsInfinaxis is a data centre developer and operator and positioned to build a Data Centre platform in Southeast Asia. The team has deep DC knowledge with extensive experience in execution across the entire data centre life cycle of investment, site acquisition, financing, development, operations and divestment. Headquartered in Singapore, Infinaxis is uniquely positioned to tap the growing demand for digital infrastructure and services in the region. Our mission is to help organizations grow in digital transformation by providing state-of-the-art facilities and best-in-class services. About Malaysia Investment Development Authority (MIDA)MIDA is the government's principal investment promotion and development agency under the Ministry of International Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on Twitter, Instagram, Facebook, LinkedIn, TikTok and YouTube channel. About Malaysia Digital Economy Corporation (MDEC)MDEC is the agency under the Ministry of Communications and Multimedia Malaysia leading the digital transformation of the economy for 26 years. We aim to enable a progressive, innovation-led digital economy. MDEC will continue to lead Malaysia towards becoming a globally competitive digital nation through the development and execution of Malaysia's Digital initiative, which aims to create substantial digital tools, knowledge and income opportunities. Malaysia Digital is set to enhance Malaysia's value proposition to attract digital investments, firmly establishing Malaysia as the digital hub of ASEAN. For more information, please visit www.mdec.my.
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