Economic Development Board

BW Digital and Citramas Group forge strategic partnership to build end-to-end digital ecosystem in Batam

Retrieved on: 
Monday, March 4, 2024
Cloud, Acquisition, Senior, AI, Intelligence, Memorandum of understanding, Growth, Digital, Carbon, BW Group, NDP, Infrastructure as a service, Machine learning, Head, Animation, Economic Development Board, Partnership

BW Digital and Citramas Group forge strategic partnership to build end-to-end digital ecosystem in Batam.

Key Points: 
  • BW Digital and Citramas Group forge strategic partnership to build end-to-end digital ecosystem in Batam.
  • This strategic partnership follows BW Digital's acquisition of more than 55,000 square meters of land at the Citramas-owned Nongsa Digital Park in Batam, to build its inaugural data centre in South-East Asia and strengthen its Asia-Pacific digital infrastructure portfolio.
  • As joint partners, BW Digital and Citramas Group will work together to deliver a comprehensive suite of Infrastructure-as-a-Service (IaaS) solutions co-located within BW Digital's data centre.
  • Mike Wiluan, Chief Executive Officer of Citramas Group said: "Citramas is honoured to have BW Digital join the Nongsa Digital Park Ecosystem to further develop its data centre and connectivity infrastructure.

AvePoint Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, February 29, 2024
Opus, Total, AvePoint, Investment, Economic Development Board, Average cost, Learning, Entrepreneurship, Economic development, ARR, GAAP, Software as a service, Webcast, Organization, FX, Partnership, Video game

JERSEY CITY, N.J., Feb. 29, 2024 (GLOBE NEWSWIRE) --  AvePoint (NASDAQ: AVPT), the most advanced platform to optimize SaaS operations and secure collaboration, today announced financial results for the fourth quarter and full year ended December 31, 2023. 

Key Points: 
  • “Our fourth quarter results were an outstanding close to our strongest year yet as a public company,” said Dr. Tianyi Jiang (TJ), CEO and Co-Founder, AvePoint.
  • Gross Profit: GAAP gross profit was $55.0 million, compared to $44.8 million for the fourth quarter of 2022.
  • Non-GAAP gross profit was $56.1 million, compared to $45.9 million for the fourth quarter of 2022.
  • AvePoint will host a conference call today, February 29, 2024, to review its fourth quarter and full year 2023 financial results and to discuss its financial outlook.

CAAS, EDB AND SUPERNAL INK STRATEGIC PARTNERSHIPS TO DEVELOP ADVANCED AIR MOBILITY IN ASIA-PACIFIC REGION

Retrieved on: 
Tuesday, February 20, 2024
Civil aviation, Hyundai Motor Group, Aircraft, Research, Transport, Advanced Air Mobility, Growth, Research and development, Government, Ministry of Transport (Singapore), Microsoft, Safety, MRO, AAM, Ecosystem, CAAS, MOU, Area studies, EDB, Aircraft maintenance, Development, Economic Development Board, Airline

EDB and Supernal will also share knowledge and resources to support the development of AAM operational strategies.

Key Points: 
  • EDB and Supernal will also share knowledge and resources to support the development of AAM operational strategies.
  • This includes conducting market analyses and viability studies to assess the feasibility of AAM in Singapore and focuses on identifying unique applications in Singapore and the Asia-Pacific region.
  • 5          "Working with EDB and CAAS exemplifies how collaboration between government and industry can help make AAM a reality," said Shin.
  • In November last year, CAAS convened the first-ever meeting of Asia-Pacific regulators and engagement with industry for this purpose.

Kirin Group chooses Board, the leader in Intelligent Planning, to complete its financial transformation

Retrieved on: 
Thursday, December 14, 2023
Technology, Finance, Consulting, Fintech, Other Technology, Professional Services, Software, Data Management, Other Professional Services, Kirin Holdings, Drink, FP&A, Strategic planning, Kirin, Intelligence, Finance department, Punjab (Pakistan), Go go, Ministry of Finance, Economic Development Board, Management, Food, Medication

Kirin Group is known for globally recognized products including Kirin ICHIBAN and Gogo-no-Kocha.

Key Points: 
  • Kirin Group is known for globally recognized products including Kirin ICHIBAN and Gogo-no-Kocha.
  • In 2021, Kirin Holding built a new team to lead corporate FP&A efforts and effectively drive the group's long-term strategic planning.
  • Board appears to be the right solution to complete Kirin’s financial transformation.
  • Our FP&A efforts will contribute to our company’s further growth"
    “We are delighted to support Kirin’s Financial transformation with our proven Intelligent Planning Solutions.

Three North Carolina 'heavy hitters' to join State Board of Community Colleges

Retrieved on: 
Tuesday, November 28, 2023
Meredith College, Duke University Health System, Economics, Economic Development Board, North Carolina Symphony, Ernst & Young, Organization, Economic development, AIDS Healthcare Foundation, Chief information officer, Young Presidents' Organization, Workforce, IBM, RBC Bank, Student, Commerce, Multimedia, Triangle, House, Senate, Humanity, MetLife, SAS Institute, Health, Transport, Curriculum, Community, Wake Forest University, Legislation, Education, Management, Trustee

RALEIGH, N.C., Nov. 28, 2023 /PRNewswire/ -- Three distinguished North Carolina business leaders have officially joined the State Board of Community Colleges following a swearing-in ceremony last week.

Key Points: 
  • RALEIGH, N.C., Nov. 28, 2023 /PRNewswire/ -- Three distinguished North Carolina business leaders have officially joined the State Board of Community Colleges following a swearing-in ceremony last week.
  • "The North Carolina Community College System plays a critical role in the economic development of North Carolina by providing customized workforce development training to more than 22,000 employees at over 700 existing and new companies in the state," says Christopher Chung, CEO of the Economic Development Partnership of North Carolina.
  • The State Board, which serves as the policy-making body for the North Carolina Community College System, has the responsibility of overseeing various aspects such as budgets, capital projects, and curriculum.
  • This Board is composed of 22 members, with their appointments coming from the North Carolina General Assembly and the Governor's Office.

3D Printing Pioneer Materialise Appoints Brigitte de Vet-Veithen as New CEO

Retrieved on: 
Thursday, October 26, 2023
Software, Technology, Other Manufacturing, Manufacturing, MTLS, Engineering, INSEAD, MBA, Growth, Business administration, Executive, Economic Development Board, Master of Business Administration, Johnson & Johnson, Materialise NV, Management, 3D printing

Materialise NV (NASDAQ:MTLS), a global leader in 3D printing software and services, today announced that the company’s Board of Directors has appointed Brigitte de Vet-Veithen as Chief Executive Officer.

Key Points: 
  • Materialise NV (NASDAQ:MTLS), a global leader in 3D printing software and services, today announced that the company’s Board of Directors has appointed Brigitte de Vet-Veithen as Chief Executive Officer.
  • Brigitte de Vet-Veithen will succeed Fried Vancraen, who co-founded Materialise in 1990 and has served as the company’s CEO for 33 years.
  • She joined Materialise in 2016 and is currently Executive Vice President of Materialise Medical, which develops software and 3D printing solutions that help improve patient outcomes.
  • “It will be an honor to lead Materialise, a company that helped create and continues to shape the 3D printing industry,” Mrs. de Vet-Veithen said.

Gulf Air expands into China to bolster its Asia-Pacific network

Retrieved on: 
Wednesday, October 25, 2023
Forum, Economic Recovery Plan 2021, Family, Commerce, Economic Development Board, Gulf Air, Friends, Growth, City, Economic development, Atmosphere of Earth, Boeing 787 Dreamliner, Travel, Tourism, Kingdom, Boeing

BEIJING, Oct. 25, 2023 /PRNewswire/ -- Gulf Air, the Kingdom of Bahrain's national carrier, will be extending its operations into China in January 2024.

Key Points: 
  • BEIJING, Oct. 25, 2023 /PRNewswire/ -- Gulf Air, the Kingdom of Bahrain's national carrier, will be extending its operations into China in January 2024.
  • The expansion plans into China were revealed at the Bahrain-China Investment Forum hosted by the Economic Development Board of Bahrain.
  • The schedule has been built to ensure convenient connections between China and destinations served by Gulf Air in the Middle East and Europe, and between these
    destinations and China.
  • Gulf Air has been serving the Kingdom of Bahrain and beyond since 1950, steadily growing its operations and network to meet the needs of its diverse customer base.

Gulf Air expands into China to bolster its Asia-Pacific network

Retrieved on: 
Wednesday, October 25, 2023
Forum, Economic Recovery Plan 2021, Family, Commerce, Economic Development Board, Gulf Air, Friends, Growth, City, Economic development, Atmosphere of Earth, Boeing 787 Dreamliner, Travel, Tourism, Kingdom, Boeing

BEIJING, Oct. 25, 2023 /PRNewswire/ -- Gulf Air, the Kingdom of Bahrain's national carrier, will be extending its operations into China in January 2024.

Key Points: 
  • BEIJING, Oct. 25, 2023 /PRNewswire/ -- Gulf Air, the Kingdom of Bahrain's national carrier, will be extending its operations into China in January 2024.
  • The expansion plans into China were revealed at the Bahrain-China Investment Forum hosted by the Economic Development Board of Bahrain.
  • The schedule has been built to ensure convenient connections between China and destinations served by Gulf Air in the Middle East and Europe, and between these
    destinations and China.
  • Gulf Air has been serving the Kingdom of Bahrain and beyond since 1950, steadily growing its operations and network to meet the needs of its diverse customer base.

STAGWELL (STGW) SINGAPORE LAUNCHES SOUTHEAST ASIA BRAND FANDOM RESEARCH AT JOINT SUMMIT WITH DESIGNSINGAPORE COUNCIL

Retrieved on: 
Monday, September 11, 2023
Stagwell, Partnership, Friends, Economic Development Board, Government, Creativity, Council, Renewable energy

SINGAPORE and NEW YORK, Sept. 11, 2023 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, released findings from proprietary research on international brand fandom unveiled in partnership with the DesignSingapore Council, Singapore's national agency for design, at the 2023 Design for Growth Summit.

Key Points: 
  • SINGAPORE and NEW YORK, Sept. 11, 2023 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, released findings from proprietary research on international brand fandom unveiled in partnership with the DesignSingapore Council, Singapore's national agency for design, at the 2023 Design for Growth Summit.
  • The DesignSingapore Council and Stagwell are proud to bring you the Design for Growth Summit, along with Stagwell's leading agency National Research Group," said Dawn Lim, Executive Director, DesignSingapore Council.
  • "We were honored to be a part of the summit and to sponsor the upcoming Singapore Design Week 2023."
  • At the Design for Growth Summit, Stagwell and National Research Group presented findings from the "NRG Fandex", which ranks companies based on the strength of their relationship with their consumers and identifies the drivers of brand fandom.

Singapore Data Center Market Investment Analysis Report 2023-2028: Resurgent Market Gears Up for Positive Investment Growth After Moratorium Lift - ResearchAndMarkets.com

Retrieved on: 
Thursday, August 24, 2023
Technology, Data Management, Infocomm Media Development Authority, Arvand Free Zone, DCA, Microsoft, Economic Development Board, Government, ITE, IMDA, PUE, Student, Investment, EDB, GWP, Jurong Port, Tutoring

The "Singapore Data Center Market - Investment Analysis & Growth Opportunities 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Singapore Data Center Market - Investment Analysis & Growth Opportunities 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • The Singapore data center market is expected to reach a value of $5.14 billion by 2028 from $4.2 billion in 2022, growing at a CAGR of 3.41% from 2022 to 2028
    This report analyses the Singapore data center market share.
  • After lifting the moratorium in 2022 Singapore, the Singapore data center market is again expected to start receiving investments.
  • Who are the key investors in the Singapore data center market?