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Dr. Robert Yap Honoured with World Chinese Distinguished Entrepreneur Lifetime Achievement Award at GCET 2024

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PHNOM PENH, Cambodia, Nov. 28, 2024 /PRNewswire/ — Dr Robert Yap, Executive Chairman of YCH Group, has been awarded the 2024 World Chinese Distinguished Entrepreneur Lifetime Achievement Award at the Global Chinese Economic & Technology Summit (GCET 2024) in Phnom Penh, Cambodia. This prestigious award recognises Dr Yap’s enduring contributions to fostering economic collaboration, advancing regional trade efficiency, and strengthening ties within the global Chinese diaspora. His visionary leadership has been instrumental in advancing sustainable economic integration and enhancing ASEAN-China trade relations.

Strengthening Ties Within the Global Chinese Diaspora

Enhancing ASEAN-China Connectivity through ASLN: Dr Yap has been a key proponent of the ASEAN Smart Logistics Network (ASLN), which facilitates hub-to-hub connectivity across ASEAN and China. Under his leadership, YCH Group’s SuperPorts™ network integrates multimodal logistics hubs, streamlining trade flows, reducing transit times, and enhancing regional trade efficiency.

Providing Sustainable Growth Solutions: Through the SGConnect™ Initiative, YCH Group contributes to ASLN’s objectives by providing ASEAN member states with sustainable solutions to “grow without growing pains.” These initiatives combine smart technologies and green logistics to promote efficient and environmentally responsible trade flows.

Driving Collaboration Through Leadership: Dr Yap has been a steadfast advocate for the advancement of the ASEAN Economic Community for over 21 years. In 2007, under his Chairmanship, the ASEAN Business Awards (ABA) were established to celebrate the achievements of ASEAN enterprises and individuals who have excelled within the region. These awards serve as an inspiration for aspiring companies and talents, showcasing exemplary home-grown success stories.

In 2018, during his second Chairmanship term, Dr Yap spearheaded the launch of the Smart Growth Connect (SGConnect™) legacy project, ASEAN-BAC’s fifth legacy initiative. SGConnect™ provides a robust ecosystem designed to foster a resilient and connected ASEAN by addressing challenges and enabling sustainable growth.

Dr Yap’s visionary leadership has laid a strong foundation for an intelligent and resilient supply chain framework across ASEAN. The SGConnect™ model has been brought to life through landmark initiatives such as the Vietnam SuperPort™, with the Cambodia SuperPort™ and others soon to follow. These projects are instrumental in realising the vision of the ASEAN Smart Logistics Network (ASLN) by enhancing intra-ASEAN trade, strengthening ASEAN-China connectivity, and extending trade beyond the region.

Recognised for his remarkable contributions, Dr Yap was recently honoured as an Emeritus Council Member, further cementing his legacy as a champion of regional collaboration and economic integration.

With a distinguished career spanning more than four decades, Dr Yap’s innovative and forward-thinking approach continues to empower ASEAN member states and the global Chinese business community to collaborate, innovate, and drive sustainable progress in global trade.

For media inquiries, please contact: 

Cecil Chua
Head of Corporate Communications, YCH Group
Email: cecil.chua@ych.com

About YCH Group 

YCH Group is Singapore’s leading homegrown, end-to-end supply chain solutions partner to some of the world’s largest companies and favourite brands across more than 100 cities in the Asia Pacific region. YCH focuses on boosting productivity and sustainability for its customers with its proprietary best-in-class suite of award-winning solutions across industries such as fast-moving consumer goods, electronics, chemical and healthcare, cold chain logistics, and e-Commerce. A strong proponent of innovation, YCH is recognised for its 7PL™ approach in seamlessly integrating supply chain strategy with execution. 

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SOURCE YCH Group

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Starlink Program | CoinEx Charity Deploys the First Starlink Unit to the Philippines

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HONG KONG, Nov. 27, 2024 /PRNewswire/ — CoinEx Charity has successfully deployed the first Starlink satellite internet in the Philippines, marking a major milestone in connecting underserved communities to the digital world.

Starlink Program, the flagship project of CoinEx Charity’s “Bridget to Hope” initiative, aims to bridge the digital divide by providing high-speed satellite internet to remote areas. This project empowers communities by improving access to education, economic opportunities, essential government services, and even crypto adoption.

(Click the video to learn more about:CoinEx Charity Launches First Starlink Unit in the Philippines

First Deployment: Municipality of EB Magalona, Negros Occidental

On November 22, the Municipality of EB Magalona, located approximately 320 miles from Manila, became the first recipient of Starlink equipment in the Philippines. The deployment was marked by the signing of the Deed of Donation and Deployment, led by Mayor Marvin Malacon and witnessed by the Municipal Secretary, the IT Department Head, and CoinEx Charity community volunteers.

Beyond Connectivity

During the handover, Mayor Malacon extended an invitation to CoinEx Charity to conduct educational seminars about the benefits and opportunities within the digital industry. These sessions aim to raise awareness about how technology, including blockchain and cryptocurrency, can create lasting positive impacts for the municipality.

Empowering the Future

With Starlink now operational in EB Magalona, residents can expect improved internet access, fostering new opportunities for learning, business, and communication. This deployment is just the beginning of CoinEx Charity’s mission to enhance connectivity across rural Philippines, paving the way for more inclusive development.

CoinEx Charity is proud to be at the forefront of this transformative journey, bringing the promise of technology to every corner of the nation.

About CoinEx Charity

CoinEx Charity established in 2022, the non-profit organization of the global leading cryptocurrency platform CoinEx ecosystem, has been dedicated to making a difference in the world since its inception. With its mission,”Making the world a better place”, CoinEx Charity has been actively involved in various charitable activities around the globe, focusing on improving education, alleviating poverty, providing disaster relief and empowering communities.

To learn more about CoinEx Charity, visit: Website | Twitter | YouTube

About CoinEx

Established in 2017, CoinEx is a global cryptocurrency exchange committed to making trading easier. The platform provides a range of services,including spot and futures trading, margin trading, swap, automated market maker (AMM), and financial management services for over 10 million users across 200+ countries and regions. Since its establishment, CoinEx has steadfastly adhered to a “user-first” service principle. With the sincere intention of nurturing an equitable, respectful and secure crypto trading environment, CoinEx enables individuals with varying levels of experience to effortlessly access the world of cryptocurrency by offering easy-to-use products.

To learn more about CoinEx, visit: Website | Twitter | AppTelegram | LinkedIn | Facebook | Instagram | YouTube

View original content to download multimedia:https://www.prnewswire.com/news-releases/starlink-program–coinex-charity-deploys-the-first-starlink-unit-to-the-philippines-302318032.html

SOURCE CoinEx Global

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Sunmei Hotels Group Ventures into the UAE: SHANKEE to Open in Dubai

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QINGDAO, China, Nov. 28, 2024 /PRNewswire/ — On November 26, the China Hotel Overseas Investment Conference, hosted by Sunmei Hotels Group, was successfully held at Mövenpick by Accor Qingdao Sunmei. During the conference, Sunmei Hotels Group announced the establishment of Sunmei Group International (SGI) and launched three overseas core brands: SHANKEE, PENRO, and LANOU, marking a new chapter in the UAE market. Distinguished guests attending included Mr Budi Hansyah, Trade Attache of the Embassy of the Republic of Indonesia (KBRI Beijing), Mrs. Evita SANDA, Director of Indonesia Investment Promotion Center (IIPC) Beijing, and representative from Chamber of International Commerce of Kazakhstan.

Ma Yingyao, Chairman and CEO of Sunmei Hotels Group, has high hopes for the UAE market, stating that the country requires the presence of leading Chinese digital hotels. As a leading smart economy hotel brand, SHANKEE Hotel aims to bring China’s advanced hotel industry intelligence and warm hospitality to broader international markets. Currently, Sunmei Hotels Group’s signed SHANKEE Hotel Dubai Longcheng is about to open.

Zhang Gang, SVP of Sunmei Hotels Group and CEO of SGI, states that SGI is strategically focusing on cities like Dubai, Abu Dhabi, and Riyadh, which are pivotal to the economic and tourism growth in the Middle East. As of 2023, the average hotel occupancy rate in the UAE is 72%, with Dubai at 78% and Abu Dhabi at 75%. The UAE hotel market has seen unprecedented growth due to substantial government investment in tourism and finance. For its overseas operations, the company sees potential in mergers & acquisition and brand co-creation alongside traditional models like direct operations and franchising.

Building on over a decade of digital and intelligent operational experience, SGI strategically focuses on four core competencies: “smart marketing platform, smart site selection and development, modular renovation, and intelligent operations”.

In operations, SGI empowers overseas hotels with a 57.63% guest contribution rate through the “Xinlimei” direct booking platform for hotel members; it uses big data and AI to precisely target prime locations; reduces construction time with modular renovation; and enhances service efficiency and quality through intelligent operation.

For users, it focuses on seamless check-in, smart spaces, and intelligent experiences, using room automation and smart robots to offer a next-generation smart accommodation experience globally.

Speaking about the overseas expansion plans for the next decade, The Group’s Chairman and CEO Ma Yingyao stated: “We are committed to steadily opening 100 hotels that earn twice the revenue of the Chinese market, rigorously managing 1,000 outstanding and high-quality hotels, covering 30 countries, and establishing an international image for Chinese brands.”

In recent years, the strong tourism demand, stable room rates, and high occupancy rates have made the UAE a focal point for global investors. SGI will continue to export its smart operational models and innovative service concepts, providing UAE consumers with superior, convenient, and personalized accommodation experiences, enhancing the overall service level of the UAE hotel industry, and further driving the growth of UAE tourism.

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View original content:https://www.prnewswire.co.uk/news-releases/sunmei-hotels-group-ventures-into-the-uae-shankee-to-open-in-dubai-302318033.html

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ACT21 Software Achieves Great Place To Work Certification

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NOIDA, India, Nov. 28, 2024 /PRNewswire/ — ACT21, a leading SaaS company reshaping BFSI tech with low-code, and AI-driven solutions is proud to announce that it has been awarded the esteemed Great Place To Work® Certification by the Great Place To Work® India.

This significant recognition underscores ACT21’s commitment to fostering an exceptional workplace culture that prioritizes innovation, agility, transparency, and employee well-being. The Certification reflects the genuine experiences and feedback of our employees, showcasing their positive perspective on what it means to work at ACT21. Over 93% of employees whole-heartedly attested to ACT21 being a Great Place To Work.

ACT21 believes in maintaining a healthy work-life balance, which helps employees stay motivated and engaged while pushing the boundaries of innovation. Winning the ‘Great Place To Work’ underscores ACT21’s ongoing commitment to building a supportive, inclusive, and growth-oriented culture. 

Pankaj Gupta, Founder and CEO of ACT21 Software, shared his thoughts on this remarkable achievement, saying, “At ACT21, we truly believe that our people are our greatest asset. We prioritize work-life balance, encourage open communication, and celebrate innovation across all levels of the company. This recognition is a testament to our collective effort in creating a workplace that fosters creativity, productivity, and happiness. Our focus on employee satisfaction directly translates into the excellence we deliver to our clients.” 

Receiving the ‘Great Place To Work’ Certification reinforces ACT21’s mission to lead by example in both workplace culture and industry innovation, ensuring that the company continues to excel in both employee satisfaction and client service. 

About ACT21 Software 

ACT21 Software, headquartered in Noida, NCR, India, is a leading SaaS company reshaping BFSI tech with low-code, and AI-driven solutions. We empower financial institutions worldwide with comprehensive Business Process Automation to enhance efficiency, streamline operations, and drive data-driven insights, all while minimizing human intervention. 

Our suite of innovative products includes HyPerform, which optimizes incentives and increases sales by 30% through features like DIY capabilities and real-time analytics; Underwriter360, which enhances traceability and borrower experiences with smart automation, achieving a 5x conversion rate increase; and ImpaktApps, which facilitates rapid application development by converting ideas into impactful applications while cutting development costs by 50%. With a strong focus on improving productivity, reducing costs, and driving data-driven insights, ACT21 Software is dedicated to helping financial institutions thrive in an evolving technological landscape. 

Our commitment to excellence and innovation positions us as the partner of choice for organizations seeking to optimize their processes and embrace the future of finance technology. 

For more information, visit www.act21.io

About Great Place To Work

Great Place To Work is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Their employee survey platform empowers leaders with the feedback, real-time reporting, and insights they need to make strategic people decisions.   

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