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Dubai, United Arab Emirates-Wednesday 14 August 2019 [ AETOS Wire ]

The Middle East’s region is fast establishing itself as an emerging cross-border ecommerce market due to its ballooning smartphone penetration and growing consumer purchasing power.

iPayLinks, China’s leading provider of cross-border payment services, much-awaited entry into the regional fintech space has been termed as a game-changer. iPayLinks, which already has a licensed branch in Dubai, as well as a SAGIA licensed subsidiary in Riyadh, is aiming to build up the one-stop payment solution for the Middle East cross-border businesses.

This has further made the region an attractive ecommerce destination with big and medium-size player jostling for a piece of the action. MENA’s online sales has continued to register impressive growth over the years with the region’s trade volume expected to reach US$26 billion by 2020.

The GCC countries aim to boost trade and in ... Read more »

 The certification recognises endoscopy units worldwide that employ best practices during surgery

Dubai, United Arab Emirates-Wednesday 14 August 2019 [ AETOS Wire ]

Emirates Hospital - Jumeirah was recently awarded the Collaboration of Organised and Recognised Endoscopy units (CORE) certificate by the World Endoscopy Organisation (WEO). Only five hospitals in the entire region received this recognition.

Through this recognition WEO is looking at reaching out to endoscopy units worldwide to improve the quality of practice of endoscopy. The certification is awarded to endoscopy departments worldwide and recognises units performing Gastro-Intestinal endoscopy whilst adhering to the minimum criteria for endoscopy safety, covering the standards of hygiene, disinfection and the necessary training for any practice of endoscopy.

“It’s a privilege to share this recognition with some of the leading names in the healthcare indust ... Read more »

The company achieved the milestone after 30 years since the launch of water pump production in Indonesia in 1988, contributing to improving living standards in the country through the water supply business

OSAKA, Japan -Friday 9 August 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- On August 8, 2019, Panasonic announced that cumulative production of its water pumps in Indonesian factory, Panasonic Manufacturing Indonesia (PMI) has reached 30 million units(*1) in April this year, approximately 30 years since the company started manufacturing National (now Panasonic) brand water pumps in Indonesia in 1988. A ceremony to mark the achievement was held on August 8. These water pumps have also been exported to neighboring Southeast Asian countries and the Middle East, contributing to creating a better living environment across the globe.

 [Current situation surrounding water pumps in Indonesia]
In parts of Asia including Indonesia, adequate waterworks syst ... Read more »

NEW YORK-Thursday 8 August 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- Moody’s Analytics, a global provider of financial intelligence, has won the award for Best Reporting System Provider in the 2019 Waters Rankings. We earned this recognition for our regulatory reporting solution.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190723005679/en/

For banks and insurers, staying on top of regulatory changes is critical. Our end-to-end solution handles the entire reporting process, producing 3,000 different regulatory reports covering more than 50 jurisdictions. It automatically delivers all required updates well in advance of the relevant deadlines and makes it easy for clients to review, adjust, audit, and validate their reports.

The Moody’s Analytics regulatory surveillance team boasts a wealth of experience in both local and international domains going back decades. They monitor more ... Read more »

LONDON-Wednesday 14 August 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- Draft legislation currently before the Indian parliament to allow dual citizenship has been widely applauded by the largest diaspora in the world. Opposition MP Dr. Shashi Tharoor introduced the bill a few weeks ago to amend the Indian Constitution, which currently requires that Indian nationals give up their passports once they have obtained citizenship of another country. The concept of ‘global Indians’ has grown through the phenomenal success of the Indian diaspora across international business, media, and cultural communities.

Dr. Tharoor argues that many Indians have migrated abroad for new opportunities — seeking access to a higher quality of life, better education, high-paying jobs in multilateral organizations, or merely for mobility and travel freedom — and taking a foreign passport for convenience does not make them any less Indian. According to the UN World Migration R ... Read more »

teamLab Borderless and teamLab Planets Celebrate their One-Year Anniversaries.
Combined, the Two Museums have Welcomed Over 3.5 Million Visitors.

TOKYO -Friday 9 August 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- This summer marks the one-year anniversaries for art collective teamLab’s two museums in Tokyo: MORI Building DIGITAL ART MUSEUM: teamLab Borderless (Odaiba, Tokyo; hereafter teamLab Borderless) and teamLab Planets TOKYO (Toyosu, Tokyo; hereafter teamLab Planets). In the one year since their openings, teamLab Borderless and teamLab Planets have seen a combined 3.5 million visitors. teamLab Borderless alone welcomed 2.3 million visitors within one year of opening, exceeding the number of attendees at the Van Gogh Museum in the Netherlands and setting a record number of visitors at a single-artist museum in one year. These visitors came from over 160 countries and regions around the world.

This press release features multimedia. View the full rel ... Read more »

NEW YORK-Wednesday 7 August 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- Moody’s Analytics, a global provider of financial intelligence, has won Wholesale Modelling Software of the Year in the 2019 Risk Technology Awards. It’s one of six categories won, spanning finance, accounting, regulatory, and credit functions.

A suite of integrated Moody’s Analytics offerings contributed to this win, including the CreditEdge™ solution, which delivers a leading probability of default model and advanced analytics for managing the daily credit risk of more than 60,000 public firms and sovereigns.

Our RiskCalc™ credit scoring platform helps clients assess the credit risk of private firms, commercial banks, project finance projects, and insurance companies. The CMM™ solution combines property performance forecasts with commercial mortgage fundamentals to assess default and recovery risk for commercial real estate properties.

The new CAP& ... Read more »

Funds will accelerate commercial expansion in North America and global markets

SYDNEY-Tuesday 6 August 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- SpeeDx Pty. Ltd., the developer of transformative new molecular diagnostic solutions, today announced it had raised up to US $10 million in additional equity investment from US-based Northpond Ventures. This follows an original investment of US $5 million from Northpond Ventures in April 2019.

SpeeDx CEO Colin Denver said, “The funds raised will help expedite our international expansion and leverage strategic relationships with global partners. We are working with key researchers and organizations around the globe with a shared goal of providing clinicians with the information and guidance they need to address the urgent issues related to antibiotic resistance and better management of infectious diseases.”

“SpeeDx has developed significant strategic partnerships and their recent successe ... Read more »