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EXCLUSIVE PRESS News List

Juniper Research: Online Retail Sales To Exceed $6 Trillion In Physical And Digital Goods By 2024

BASINGSTOKE, England, Sept 17 (Bernama) -- New data from Juniper Research has shown that the total transaction value of remote payments for digital and physical goods will exceed $6 trillion by 2024; representing a growth of 53% from 2019.

The new research, Mobile & Online Remote Payments for Digital & Physical Goods: Opportunities, Pain Points & Competition 2019-2024, revealed that online sales will be dominated by physical goods; forecast to account for almost 80% of online retail purchases by 2024. It urged traditional retailers to offer omnichannel offerings to ensure services align with ever-increasing consumer expectations.

Sakuraenergy Develops All-New Generation System, PARASOLA for Renewable Energy Occupying Only One Square Meter to Produce Home Electricity

TOKYO, Sept 17 (Bernama) -- Sakuraenergy Co., Ltd. announced that it has developed an all-new generation system for renewable energy, "PARASOLA," equipped with a motor power generator/power storage battery package that supplies electricity around the clock.

By combining energy saving, creation and storage as well as efficiency optimization in one system, PARASOLA supplies more energy while consuming less energy than conventional power generating systems.

Enapter Opens Serial Fabrication Facility For Modular Hydrogen Electrolysers

PISA, Italy, Sept 17 (Bernama) -- Enapter, a manufacturer of modular hydrogen electrolysers, announced today the unveiling of its new serial fabrication facility in Pisa. The revamped manufacturing process will increase Enapter’s production capacity eightfold and reduce electrolyser costs by more than 20 percent. These improvements can make onsite hydrogen generation an affordable reality for a multitude of applications worldwide, including energy storage, backup power, power-to-heat, industrial hydrogen production and hydrogen-based mobility.

Hydrogen generation has the potential to play a key role in the clean energy transition but has been limited by cost and scalability. Enapter’s EL 2.0 electrolyser addresses these challenges through its patented Anion Exchange Membrane (AEM) technology. With a simple balance of plant and no noble metals needed, Enapter’s AEM reduces costs and increases lifetime performance of hydrogen generation. Serial fabrication allows Enapter to deploy the current EL 2.0 hydrogen generator to an even larger customer base while creating capacity for the forthcoming EL 2.1 product.

iSTOX Names Former MAS Deputy Director Lim Mei Shern As Head Of Compliance

SINGAPORE, Sept 17 (Bernama) -- iSTOX, the first regulated platform in any major global financial center to offer issuance, settlement, custody, and secondary trading of digitized securities, is pleased to announce the appointment of Lim Mei Shern as its new Head of Compliance. Lim will be responsible for the regulatory compliance within iSTOX.  

Lim has over 15 years of experience at Monetary Authority of Singapore (MAS), primarily in the supervision of capital markets intermediaries. Prior to joining iSTOX, she worked extensively on Fintech regulation in the capital markets industry. 

Statement From The We Company

NEW YORK, Sept 17 (Bernama) -- The We Company (the “Company”) has issued the following statement:

“The We Company is looking forward to our upcoming IPO, which we expect to be completed by the end of the year. We want to thank all of our employees, members and partners for their ongoing commitment.”

ATP Launches First Industrial-Only SLC-Based E800Pi e.MMC With Premium Endurance Of 60K P/E Cycles For High-Reliability Applications

TAIPEI, Taiwan, Sept 17 (Bernama) -- ATP Electronics, the leading manufacturer of industrial-only memory and storage solutions, is launching E800Pi, its first embedded multimedia card (e.MMC) based on native single-level cell (SLC) flash with a very high endurance rating of 60K program/erase (P/E) cycles.

"Embedded storage devices operate in challenging environments, are usually placed within very limited spaces and are expected to function reliably over extended periods of time. ATP addresses the high reliability needs of industrial applications through its latest e.MMC, the E800Pi, which packs native SLC flash within its compact form to provide ultra-high endurance and trustworthy performance for the most rigid industrial requirements," said Marco Mezger, ATP Vice President of Global Marketing. He adds, “SLC is widely recognized as ideal for applications requiring high reliability due to its unparalleled endurance, lowest read disturb and highest data retention capability. With ATP’s SLC-based E800Pi e.MMC, our customers can be assured of the most optimal total cost of ownership (TCO).”

[Media Alert] Eastspring Investments raises USD 122 million for its Target Income Fund in Malaysia

KUALA LUMPUR, Sept 17 (Bernama) -- Eastspring Investments (“Eastspring”), the USD 216 billion Asian asset management business of Prudential plc, has raised USD 122 million (RM 512 million) for its Target Income Fund 8, making it the largest closed-end bond fund in Malaysia.

“Given the current low interest rate environment, investors and distributors were attracted by the fund’s 40% investment capital payback at the end of year three, and potential regular income distribution of between 4.7 to 5 per cent per annum with lower volatility compared to equity funds,” commented Xavier Meyer, Head of Distribution, Eastspring. The fund was launched on 15 July by Eastspring’s Malaysian business unit. Distributors of the fund included Eastspring’s agents, Ambank, CIMB Bank, Philip Mutual and Standard Chartered Bank.