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Huawei Cloud Vows to Empower Thailand a Regional Cloud Hub as MDES Elaborates on “Cloud-First” Strategy for the First Time

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BANGKOK, Aug. 16, 2024 /PRNewswire/ — At the Huawei Cloud Summit Thailand 2024, Huawei Cloud restated its commitment to joint efforts to make Thailand a regional cloud hub with its growing suite of digital technologies, as the Ministry of Digital Economy and Society (MDES) elaborated on its “Cloud-First” strategy for the first time to encourage the utilization of digital technologies in public services and drive Thailand’s digital future.

The drive to achieve the national digital blueprint through joint efforts is a key topic among the hundreds of guests at this summit, which was jointly organized by MDES and Huawei Cloud in Bangkok. Gathering over 700 guests, the summit also attracted top Thai companies such as True Corporation, Big Data Institute, SCBX, and Charoen Pokphand Group guests from which shared their broaden visions on how to advance Cloud-First into reality.

Cloud-First Moving Forward

Speaking at the opening ceremony of the summit, Mr. Prasert Chanthararuangthong, Minister of MDES, elaborated on the details and next steps for the Cloud-First strategy. He commended the joint efforts between MDES and Huawei Cloud, which unlocks the real benefits of the Cloud-First strategy for the Thai people.

He said, “As we stand on the brink of a fully digital world, human society is accelerating into an era where cloud technology and emerging innovations, such as large models and AI, are fundamentally reshaping industries. These advancements are providing new momentum for building an inclusive, competitive, and prosperous Thailand.”

“Together with Thailand, we are working to advance technology innovation, industry development, and ecosystem construction,” Jacqueline Shi, President of Huawei Cloud Global Marketing and Sales Service, said, “Today’s summit is not only an event for technological innovation, but also a platform to showcase the industry’s deep cultivation and ecosystem collaboration. We hope to contribute to Thailand’s innovation and technology development, and are committed to helping Thailand realize its Cloud-First digital vision.”

Shi addressed that Huawei Cloud is set to boost its efforts in Thailand over the next five years, focusing on local digital infrastructure to ensure data security and processing efficiency. This substantial investment will bolster Thailand’s position as a digital leader in the Southeast Asia. Huawei has invested billions of Thai baht to build its cloud infrastructure over the past six years, and became the first cloud to deploy three availability zones in Thailand.

“We are glad to see that the Thai government has put forward ambitious AI strategies and action plans. AI is a driving force for Thailand 4.0, and Huawei is ready to support the local government and industry to pioneer an AI future,” said David Li, CEO of Huawei Thailand.

Huawei Cloud has brought its suite of latest cloud technologies to Thailand, including GaussDB, an advanced database solution offering unparalleled performance; and MetaStudio’s virtual human service, an innovative model for users to build highly synchronized, lifelike virtual humans, which supports more than twenty languages.

Mark Chen, President of Huawei Cloud Solution Sales, shared that, “Huawei Cloud aims to become the cloud foundation for a digital Thailand. We will continuously innovate from Cloud Native, AI Native, to Ecosystem Native. No matter what industry you’re in, you can find the cloud services and solutions that best fit your digital journey.”

The Kuavo humanoid robot, powered by the Pangu model for embodied AI, debuted in Thailand and completed complex tasks at the summit. It received big applauses from the audience after finishing tasks such as giving a high five, identifying the items related to Huawei Cloud, and handing over water to the thirsty operator. 

Transforming Industries

MDES has outlined seven digital priorities for the Cloud-First strategy, which is designed to drive digital transformation, leveraging cloud computing to enhance government efficiency, support large enterprises, and serve regional customers.

As a trusted cloud service provider, Huawei Cloud has been deeply engaged in local industries. Its hybrid cloud solution, Huawei Cloud Stack, most meets Thailand’s local development needs. Huawei Cloud has partners in more than 15 industries in Thailand and launched more than 100 cloud services. According to Frost & Sullivan’s report in December 2023, Huawei Thailand ranked No. 1 in the Thai hybrid cloud market. Thailand’s top 10 enterprises, more than 70% government ministries, and 25 financial institutions (covering 80% of the top ones) have chosen Huawei as their digital transformation partner.

In Thailand, For Thailand

Cloud is transforming not only industries but also the society. At the summit, Aka Dai, Director of Huawei Cloud Marketing, highlighted the role of Huawei Cloud in enhancing agriculture, healthcare, nature protection, and talent development, where Huawei Cloud’s “Cloud for Good” initiative contributes a lot through the joint efforts with customers and partners. Propelling Thailand’s digital journey, this initiative aims to make lives, environments, and the world better.

Huawei and Chulalongkorn University, the top university in the country, have agreed to jointly develop courses in cloud and AI in an effort to expand the local talent pool, reflecting the company’s long-term commitments. The partnership aims to create a robust ecosystem that nurtures talent, stimulates technological advancements, and ultimately contributes to the creation of a more intelligent and digitally empowered society.

Huawei said that it is committed to building a robust digital ecosystem and nurturing local talent by helping Thailand fill the gap of 500,000 digital professionals. One of the efforts is the ASEAN Academy (Thailand), which was set up in 2020 and has trained over 96,200 individuals, including ICT practitioners and cloud and AI developers. Huawei also launched the Spark Startup Program with the government and partners, recruited more than 120 startups, and provided technical, capital, market expansion, and operations support.

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SOURCE Huawei Cloud Thailand

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Nuvve Updates Shareholders on Compliance Measures

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SAN DIEGO, Sept. 24, 2024 /PRNewswire/ — Nuvve Holding Corp. (Nasdaq: NVVE), a leader in vehicle-to-grid (V2G) technology, has issued a letter to shareholders regarding actions taken to regain compliance with Nasdaq’s Bid Price Rule. 

Nuvve recently executed a 1-for-10 reverse stock split, resulting in 652,727 shares outstanding. The Company encourages shareholders to protect their shares against market manipulation through actions such as holding shares in cash accounts and requesting “no loan” status. 

For shareholder letter: https://nuvve.com/shareholder-letter/  

For more information, contact investors@nuvve.com

About Nuvve Holding Corp. Nuvve (Nasdaq: NVVE) transforms electric vehicles into grid resources, driving the transition to a net-zero future. Learn more at nuvve.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/nuvve-updates-shareholders-on-compliance-measures-302257834.html

SOURCE Nuvve Holding Corp.

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Wire and tube industry expos to spark international trade in Shanghai

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SHANGHAI, Sept. 25, 2024 /PRNewswire/ — The wire China 2024 and Tube China 2024, organized by Shanghai Electric Cable Research Institute Co., Ltd., Messe Düsseldorf (Shanghai) Co., Ltd., Metallurgical Council of the China Council for the Promotion of Int’l Trade (MC-CCPIT), are scheduled to be held from September 25 to 28 at the Shanghai New International Expo Centre, aiming to drive industry advancement and foster connections.

This year, the two expos will span 10 pavilions, encompassing a total exhibition area of 109,250 square meters. Nearly 1,500 businesses from about 30 countries and regions are expected to participate. The two exhibitions will cover the entire industry chain of cables, wires and tubes, offering a professional and efficient one-stop platform for exchanges worldwide.

wire China 2024: supporting enterprises to foster new quality productive forces

The wire China 2024 event is poised to occupy an area of 80,500 sqm, setting a milestone in its growth trajectory. With the participation of nearly 1,100 enterprises from 26 countries and regions, the expo will serve as a platform to showcase the latest developments and trends in the industry.

The exhibition will showcase an array of offerings including wire and cable manufacturing and processing machinery, auxiliary cable processing equipment, raw and auxiliary materials for cables (optical cables), finished wire products and cables, measurement and control technology, testing engineering solutions. The showcase is designed to assist enterprises in accelerating their transition toward digitalization, fostering flexibility, enabling smart production, nurturing new quality productive forces and enhancing the production competitiveness of businesses. The 2024 edition will cover five major areas: Digital Intelligent & Innovative Equipment, Technology Tools & Auxiliary Materials, Green and Low-carbon Solutions, Wires & Cables and Measures & Control Technology.

China has been promoting development of new quality productive forces since the start of 2024, with burgeoning sectors like artificial intelligence; new materials; commercial aerospace; the low-altitude economy and smart connected vehicles. These innovations are infusing the wire industry with vitality and drawing the attention of numerous overseas enterprises to China. This year, the event will host businesses from countries and regions such as South Korea, Japan, the United States, Switzerland, the United Kingdom, Spain and Turkiye. Business delegations from Germany, Italy, France and Austria will be present at the W1 Pavilion to exhibit their innovations and latest breakthroughs.

Heavyweight participants

This year, the event has garnered robust backing from prominent industry associations, including the Asian Wire & Cable Industry Corporation Alliance (AWCCA); Germany’s Federal Ministry for Economic Affairs and Climate Action (BMWK); the Association of the German Trade Fair Industry (AUMA); the German Mechanical Engineering Industry Association (VDMA); the ITA/ICE-Italian Trade Agency (ITA); the Italian Wire Machinery Manufacturers Association (ACIMAF) and the Austrian Federal Economic Chamber (WKÖ).

List of some well-known participating brands:

NIEHOFF, WAFIOS, SIKORA, MAILLEFER, ROSENDAHL NEXTROM, BOROUGE, SAMP, PROTON, ELANTAS, ENEOS NUC, HANWHA, TOTOKU, KOS, MFL GROUP, TEIJIN ARAMID, ZUMBACH, EUROLLS, SWPG, ESTEVES, SHENG CHYEAN, PETROFER, HUNTSMAN, DSR, SMATER, SINGCHEER, HONTA, G.Y.M., HANDING, JCDOFAMA, XINGMING, GOLDEN TECHNOLOGIES , INOVANCE, DONY GROUP, LIQIANG MECHANICAL & ELECTRICAL, AEROSPACE NANHAI, YI TENG ELECTRIC, HUAYUAN, PANGHAO, WANMA MACROMOLECULE, TIANRONG, CGN GROUP, CABLE, ORIGINAL, PAMICA, QLPM, ATPOIMER, etc.. 

(*Information is updated as of August 31st, 2024. Listing is in no particular order)

Fostering new quality productive forces

Centering on digital intelligence and innovation, the expo will be a key platform to display products and services. Singcheer will introduce the SiMOM for remote collaborative manufacturing operations and an AGV logistics system tailored for the cable industry. Maillefer from Finland will showcase the latest AI panoramic scanner 2.0, while Inovance from Shenzhen will present a motorized cable extrusion solution using advanced control algorithms and the MD810 multi-drive. These digital intelligence and innovation products cover manufacturing equipment, industrial software, visual inspection and other specific businesses, empowering cable companies to transit toward intelligent manufacturing.

Leading new trends

The wire China 2024 is not just a trade platform, but a place to communicate the latest market trends and release new products and solutions. This year, there will be nearly 60 high-end technological communication events.

The annual China Wire and Cable Industry Annual Conference will have in-depth discussions on new quality productive forces and high-quality development. Participants will share opinions on new market opportunities and challenges, exchange insights on the market trends, analyze the development status of the wire and cable industry, release annual reports on the development of international and domestic cable standardization work, as well as business competitiveness analysis reports. Simultaneously, the conference will address quality and technical issues related to typical products, unveil significant common technical research accomplishments and identify challenges and hurdles in emerging technological domains within the cable industry. The event aims to inspire businesses, bolster their confidence, foster courage in confronting challenges, and contribute to enhancing the development standards of both the industry chain and the supply chain.

The themed forums for wire and cable businesses will cover industrial economics and the development of the cable industry; the role of intelligent equipment in supporting high-quality development; green and low-carbon innovations in cable materials; high-quality special materials aiding the development of new energy vehicles; efficient and energy-saving electrical equipment; cable industry resource recycling technologies and digital intelligence empowering the development of the cable manufacturing industry.

Tube China 2024: 20 years of companionship, jointly shaping the new future of the industry.

As one of leading professional expos for tubes in Asia, Tube China 2024 has a total exhibition area of 28,750 sqm. Nearly 400 brands from 13 countries and regions including Germany, Japan, South Korea, Italy, the Netherlands, Latvia, Norway, Switzerland, and the United Kingdom will participate in the event. Tube China will present a high-level industry feast of intelligence and tube manufacturing for the Chinese tube industry and its upstream and downstream sectors.

This year, the expo will welcome some first-time participants including Fanuc. Industry-leading players including Fanuc, IPG, Kinkelder, Stark, Inductotherm, SINOAUDE, Halifax Fan and ENRX will bring their latest developments to the event. Enterprises such as IPG, Changen, Longxin, Huibaisheng and Huinengda will focus on showcasing innovative products and applications related to lasers and optoelectronics; optics and optical manufacturing; testing and quality control; as well as the innovative products and application solutions of infrared technology and applications.

List of some well-known participating brands:

FANUC, IPG, KINKELDER, STARK, INDUCTOTHERM, SINOAUDE, HALIFAX FAN, ENRX, HUIBAISHENG, SINOFORM, CHANGEN, HANDUK, KTM, TOYOKOHAN, TAELIM, VICTAULIC-TUWEI, TEMA, DONGAN, FIELD, AMPCO, ARES, JINYI, SONGYANG STAINLESS STEEL INDUSTRY ASSOCIATION, CHENLONG, ZHONGYONG, CHANGFENG, WAN-RUN DA , BOKENA, TUS PIPE, LONGXIN, NANYANG, CONTOR M & E, SHENGTIAN, NEW VICTOR, HUAYANG, HUILITONG, BAOFENG, JINCHUANG XINTIAN, HAIQIANWEI, FUGANG, ASCENDING, JUYI, LIWAN, VICTORY, ZHONGHAO, YOUFA, etc..

(*Information is updated as of August 31st, 2024. Listing is in no particular order)

Concurrent events, including the China International Steel Tube & Pipe Summit and the 2024 Heat Treatment Technology Seminar, will be organized during the expo to enhance communication, foster partnerships, drive technological innovation and uphold high-quality development within the industry.

A variety of activities will be organized to celebrate the 20th anniversary of the annual expo and the longstanding support from all participants of the expo.

Looking ahead, organizers of wire & Tube China will continue to promote development of the event to promote exchanges and bolster quality development of the industry.

View original content:https://www.prnewswire.com/apac/news-releases/wire-and-tube-industry-expos-to-spark-international-trade-in-shanghai-302255418.html

SOURCE Messe Düsseldorf Shanghai

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PayMongo and Brankas Now Offer the Widest Range of Payment Options in the Philippines

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Enable seamless, secure, and direct online banking payments with Brankas through PayMongo, featuring top Philippine banks BDO, Metrobank, and Landbank.

MANILA, Philippines, Sept. 25, 2024 /PRNewswire/ — PayMongo has partnered with Brankas to add new payment options to the PayMongo platform, making it the payment gateway with the widest range of payment options for Filipino businesses. PayMongo payment options include credit cards, e-wallets, BNPL, QRPh, and online banking. PayMongo merchants can now accept direct online banking payments from three additional Philippine banks — BDO, Metrobank, and Landbank — offering greater convenience and flexibility for both merchants and customers.

eCommerce stores, food delivery websites, ride-hailing apps, and gaming platforms that are PayMongo merchants can accept more forms of payments by integrating Brankas Direct API. This pay-by-bank channel is another trusted payment method that makes transactions faster and enhances the overall payment experience for users.

“Brankas and PayMongo share the same commitment to deliver fast and secure payment experience for users. Offering more payment options is a win-win for both customers and merchants as we offer greater payment flexibility and customer reach at the same time.” said Todd Schweitzer, Brankas CEO and Co-founder.

How to Get Started with Brankas Direct

To start accepting direct online banking payments, existing PayMongo merchants simply need to contact PayMongo Customer Support to request the activation of BDO, Metrobank, and Landbank payment options. The feature is available for Shopify plug-in users, PayMongo’s Custom & Checkout API, PayMongo Pages, and PayMongo Links. Users of the custom API require minimal updates, and the PayMongo developer website provides the full details.

Ready to enhance your payment offerings and provide a better customer experience? Enable Brankas Direct through PayMongo now. Visit Brankas Direct or PayMongo to learn more.

About PayMongo

PayMongo is a leading financial infrastructure platform in the Philippines, designed to simplify how businesses manage their finances. From payment processing to embedding financial services, PayMongo provides solutions that enable businesses to accept payments both online and in-person, streamline financial operations, and drive profitability. By offering a wide range of payment options and seamless integration, PayMongo empowers businesses to grow their revenue and succeed in the digital economy.

About Brankas 

Brankas is a leading global open finance technology provider. We provide API-based solutions, data and payments solutions for financial service providers (like banks, lenders and e-wallets) and online businesses. Brankas partners with banks to build and manage their open finance infrastructure, producing APIs for real-time payments, identity and data, new account opening, remittances, and more. With Brankas’ secure open banking technology, online businesses, fintech companies and digital banks can use Brankas APIs to create new digital experiences for their users.

Media Enquiries: 

Yiyang Teo
yiyang.teo@brank.as

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/paymongo-and-brankas-now-offer-the-widest-range-of-payment-options-in-the-philippines-302255016.html

SOURCE Brankas

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