by Ferry Bayu | Oct 29, 2023 | Business
Teduh Unveils Groundbreaking Mental Health App, Transforming Access in Southeast Asia
Teduh has launched a groundbreaking mental health app in Indonesia, setting a new standard in the field. This premier app focuses on accessibility and user-friendliness, revolutionizing the nation’s mental healthcare landscape. By streamlining access to vital mental health resources and services, the app aims to make seeking assistance more straightforward for Indonesians. Its standout feature is a proprietary algorithm that personalizes the user’s experience by matching them with suitable self-help courses or psychologists based on their unique needs. With a user-friendly interface accommodating all ages, Teduh ensures mental health support is readily accessible to everyone. The app’s introduction underscores Teduh’s commitment to enhancing mental well-being in Indonesia, and it is supported by visionary investors who understand the urgency of comprehensive mental health care, particularly with over 20 million Indonesians experiencing severe mental illnesses, some of which remain unreported. The genesis of Teduh, led by Christian Chonardo, a Princeton University graduate with a Master’s degree in Finance, began in 2021 during the pandemic. Christian’s vision was rooted in the understanding that the lockdowns and isolation measures had a profound effect on people’s mental well-being, prompting him to create Teduh as a lifeline for those in need.
In a resounding step forward for mental health support in Indonesia, Teduh has launched its latest app, hailed as the nation’s premier mental health application. With a strong focus on accessibility and user-friendliness, Teduh’s innovative app promises to reshape the mental healthcare landscape in the country.
Indonesia has grappled with long-standing mental health challenges, and Teduh’s unwavering dedication to tackling these issues has never been more apparent. This new app revolutionizes access to crucial mental health resources and services, making it simpler than ever for those in Indonesia seeking assistance.
The app’s standout feature is its exclusive algorithm, a sophisticated tool meticulously designed to match individuals with the most fitting self-help courses or psychologists, tailoring the experience to their unique needs. This personalization ensures that those in search of aid can access precisely the support that resonates with them, substantially boosting the likelihood of successful outcomes.
Navigating the app is effortless, sporting an intuitive user interface that accommodates individuals of all ages. Teduh’s steadfast commitment to user-friendliness stems from the belief that mental health support should be readily available to all, regardless of their technical expertise.
With the launch of this groundbreaking app, Teduh not only throws a lifeline to those contending with mental health challenges but also sets a new benchmark for mental healthcare in Indonesia. The intersection of cutting-edge technology, user convenience, and customized support signifies a significant leap toward bolstering mental well-being nationwide.
Teduh’s commitment to mental healthcare in Indonesia is further reinforced by the support of passionate investors who recognize the urgent demand for comprehensive mental health support in the country. With over 20 million Indonesians grappling with severe mental illnesses, and numerous cases yet unreported, Teduh’s mission resonates deeply with a substantial portion of the population. The investors backing Teduh are not solely driven by financial objectives but, more profoundly, by their desire to contribute to a brighter and healthier future for Indonesia.
The birth of Teduh, under the leadership of Christian Chonardo, underscores the profound influence of individual determination in times of crisis. Christian, a Princeton University graduate holding a Master’s degree in Finance, initiated Teduh’s journey in 2021, a period when the world was contending with the unprecedented challenges of the pandemic. His vision was rooted in the realization that lockdowns and isolation measures profoundly impacted people’s mental well-being. Fueled by a determination to provide a lifeline to those in need, Christian embarked on the path of establishing Teduh, a platform dedicated to bridging the gap in mental healthcare and supporting Indonesians through the turbulent times and beyond.
As Teduh perseveres in its advocacy for mental health, this app’s introduction stands as a testament to their unyielding resolve in providing top-tier care for those in need. Indonesians can now access the finest mental health support at their fingertips, courtesy of Teduh’s revolutionary app.
by Ferry Bayu | Oct 29, 2023 | Business
University of Indonesia and Teduh Join Forces to Revolutionize Student Mental Health
In a groundbreaking collaboration, Teduh, a mental health service provider, and the University of Indonesia have joined forces to address the pressing issue of mental health among students. Highlighting the alarming statistic of over 45,000 suicide attempts in Indonesia in 2022, Christian Chonardo, CEO of Teduh, and his co-founders left prestigious careers to tackle the mental health crisis. This partnership reflects their shared commitment to eliminating the stigma surrounding mental health and improving access and quality of mental health services for students and academics. With a mission to create a culture of mental health care, starting from specific faculties and expanding throughout the University of Indonesia, this collaboration promises to make a profound impact. It demonstrates a dedication to raising awareness and fostering mental well-being, with a vision of a world free from mental health prejudices.
In an extraordinary partnership that’s capturing global attention, mental health has taken center stage. The University of Indonesia and Teduh, a leading mental health service provider, have embarked on a collaborative journey that promises to transform student mental health on a profound scale.
Startling statistics reveal that in 2022, over 45,000 suicide attempts sent shockwaves through Indonesia. This alarming figure sparked an exceptional response from Christian Chonardo, the CEO of Teduh, who left a prestigious career at McKinsey & Company to join forces with co-founders Adrianus Matthew Sukuramsyah and Nicco Parikh. Their unwavering dedication is aimed at tackling the urgent mental health crisis plaguing the nation.
Teduh and the University of Indonesia, both driven by shared core values, are resolute in their mission to eliminate the stigma surrounding mental health and elevate access to high-quality mental health services for students and academics alike. Their vision extends to a world free of prejudices associated with mental health, one that promotes fairness and inclusivity.
This partnership is not your average collaboration; it’s nothing short of a mental health revolution. Starting with the Faculty of Public Administration and the Faculty of Economics and Business, the partnership intends to permeate every nook and cranny of the University of Indonesia. Their straightforward yet robust objective is to heighten awareness, ignite candid conversations, and nurture a strong culture of mental health care among students and academics.
Adrianus Matthew Sukuramsyah, one of Teduh’s founders and a graduate in Nanotechnology Engineering from the University of Waterloo in Canada, has shone a light on the stark disparities in mental health awareness and access to resources during his overseas studies. In his view, the situation in Indonesia is a ticking time bomb: “In my opinion, this is an issue waiting to explode. In Indonesia, it is still overlooked despite the evident impact on young people and families. If left unaddressed, it could become a continuing crisis for the nation.”
Now, students at the University of Indonesia are on the cusp of a transformative mental health experience. The University of Indonesia is flinging open the doors to a wealth of resources, granting Teduh access to students, facilities, and faculty support. Thanks to this partnership, students will savor exclusive mental health services like never before.
Together, Teduh and the University of Indonesia are resolute in their commitment to delving deeper into the realm of mental health, dismantling every obstacle, and offering unrivaled access to mental health services for all students and academics at the University of Indonesia. It’s time to bid farewell to the stigmas and usher in a new era of mental well-being. A significant transformation is now in progress!
Teduh is a startup striving to solve Indonesia’s mental health crisis. We provide psychology resources tailored for the Indonesian audience by considering factors such as culture, religion, stigma, and ideology. These resources include online therapy and telemedicine, mindfulness meditation, self-help therapy courses, mood tracker, etc. Teduh seeks to be a one-stop solution for Southeast Asians’ mental health needs through an innovative, sustainable and customer-centric manner.
Chris
ch***@***uh.io
by Ferry Bayu | Oct 27, 2023 | Business
NeuXP and Partner, DRBLEX, Embark on South American Market Expansion, with Mexico as Its Pioneering Launchpad
NeuXP, a Malaysian fintech company, is thrilled to announce its strategic expansion into the South American market with its Italian strategic partner DRBLEX, marking a significant milestone in their global journey.
Kuala Lumpur, Malaysia- NeuXP Group (“NeuXP”), a fintech company specializing in providing integrated cross-border financial and lifestyle platforms, is excited to announce its expansion into the vibrant and dynamic market of South America, starting with Mexico. This strategic move marks a significant step in its mission to ease the journey of international customers beyond Asia, Europe, and North America, and to support the global needs of individuals, businesses, and lifestyle service providers.
Mexico, with its rapidly growing economy and bustling international trade, presents an excellent opportunity for NeuXP to bring an innovative and comprehensive platform to a new audience. The fintech company is committed to streamlining financial services, providing unparalleled convenience, and enhancing the overall experience for users in Mexico and beyond.
As part of its market expansion initiative, NeuXP will be collaborating with its strategic partner in Italy, Studio Legale DRBLEX (“DRBLEX), a comprehensive global financial legal services provider, to further strengthen their presence in South America. This partnership will allow NeuXP to tap into local expertise, leverage DRBLEX’s extensive network, and tailor their services to meet the unique demands of the South American market.
In addition to the market entry efforts, the Founder and CEO of NeuXP, Dr. Jeremy Mah and Partner at DRBLEX, Prof. Avv. Andrea Borroni, are invited as keynote speakers at the “Business and Direct Foreign Investments Opportunities of the Middle and the Far East in Latin America” conference, taking place from November 7 to 10 in various cities across Mexico, including Zamora, Jacona, La Piedad, Uruapan, and Morelia.
This prestigious conference organized by Universidad del Valle del Atemajac (UNIVA) will be led by Francesco Petrucciano (New Vision University, Georgia) and participated by esteemed organizations such as Coparmex, the Mexican Employers’ Association, CANACO, the national association of the Chambers of Commerce, and CANACINTRA, the National Chamber of the Transformation Industry. The conference is an exceptional opportunity for NeuXP and DRBLEX to share their insights into the evolving financial landscape, explore collaborative opportunities with local businesses and financial institutions, and engage with experts and thought leaders in the South American market.
“Our entry into the South American market is a testament to our commitment in expanding our reach and making financial and lifestyle services more accessible and seamless for customers worldwide. We are excited to work with local partners, collaborate with industry leaders, and contribute to the economic growth and development of the region”, stated Dr. Jeremy, the Founder and CEO of NeuXP.
For more information about NeuXP and its mission to simplify cross-border financial and lifestyle management, please visit www.neuxp.com or send email to su*****@***xp.com.
About NeuXP
NeuXP is a provider of an integrated platform that offers comprehensive financial and lifestyle services with flexible, accessible and simple user experience. Extending beyond what’s normally made available by other providers in Europe, North America, Asia and beyond, NeuXP offers a comprehensive financial and lifestyle services ecosystem that eases the journey of its users beyond borders.
Its all-in-one financial and lifestyle platform is also designed for businesses to seamlessly transition into the digital world while gaining access to a wide range of global financial and business services. To find out more, visit www.neuxp.com
About Studio Legale DRBLEX
DRBLEX, a law firm founded in1976, provides comprehensive legal institutional support to the venturers and the entrepreneurs investing beyond the national borders. Guided by the tenets of responsive service and effective solutions, DRBLEX presents its clients with extensive international expertise, advising on multi-jurisdictional transactions and disputes; and, notwithstanding established links with overseas players, entities, and institutions. Visit www.derobertislex.com for more information about the firm.
NeuXP
su*****@***xp.com
by Ferry Bayu | Oct 27, 2023 | Business
Heatec Jietong Signs MOU with SquareDog Robotics
SINGAPORE, 26 October 2023 – Catalist-listed Heatec Jietong Holdings Ltd.
(hereinafter, the “Company” or “Heatec Jietong”, and together with its
subsidiaries, the “Group”), a
leading heat exchanger and piping specialist, has today signed a non-binding
Memorandum of Understanding (“MOU”) with SquareDog Robotics Limited (“SQD”)
to collaboratively develop innovative applications and solutions for the
marine, offshore oil and gas sector. Mr Anthony Ang Meng Huat, an Independent
Director of Heatec Jietong, is also an Executive Director at SQD.
Founded in 2018, SQD is an award-winning technology
company specialising in smart service robots, which SQD developed with the
latest know-how in artificial intelligence and robotic automation. SQD focuses on
inventing, developing, and integrating its proprietary core technology of
enhanced artificial intelligence software with hardware. It pioneered the
world’s first welding robot to be used on construction sites. SQD’s welding and
cutting robots have been deployed in many Hong Kong projects and include the construction
of hospitals, high-rise buildings and public housing projects. SQD has also
rolled out a robotic cleaning system for the facades of skyscrapers which
dispenses with the current precarious gondola system and can be operated safely
from a distance by a team of cleaners.
SQD’s proprietary intuitive software, Robota6th, can
be used to develop robotics system solutions for a wide range of industries. It
works by sensing and collecting data from database inputs and uses a smart intelligence
algorithm to enable workers to execute and perform high-quality work with a minuscule
tolerance for irregularity and error.
The scope of
collaboration between Heatec and SQD includes:
·
Implementing robotic
technology in the marine, offshore oil and gas industries
Leveraging
on SQD’s expertise, Heatec and SQD will explore the feasibility of automating
on-site welding to ensure safety, quality and adherence to environmental, social
and governance (“ESG”) objectives, minimising risks and enhancing
productivity.
·
Developing Robotics
Applications
Using
SQD’s proprietary capabilities, Heatec and SQD will collaborate to develop
solutions and specialised testing applications, enabling robust equipment
inspection and data collection with the demanding work environment.
·
Entering and expanding
into new markets in the region
As
both Heatec and SQD are headquartered in Singapore, they will be able to
strengthen their capabilities by partnering pivotal industry players in the
region. Together, Heatec and SQD will
assess potential markets, identify key stakeholders and advocate for innovative
solutions.
Moving ahead, both parties may also enter into other
binding agreements involving, or related, to the abovementioned collaborative
business activities. At the appropriate
time, the Group will enter into further agreements that will define both
parties’ rights and obligations before commencing any business activity.
(Stock Code – SGX: 5OR)
Heatec Jietong is a leading heat exchanger and piping specialist. The Group operates four main business segments – (1) Heat Exchangers (2) Piping (3) Chemical Cleaning (4) Trading – to provide a full range of services to its customers, particularly those in the Marine & Offshore Engineering, and Oil & Gas industries.
by Ferry Bayu | Oct 27, 2023 | Business
Zen Koh, Roboticist and Rehab Tech Innovator, Sheds Light on Rehab 4.0 at the 7th Future Investment Initiative Innovation Hub
Recently taking centre stage at the 7th Future
Investment Initiative Innovation Hub in Saudi Arabia, Zen Koh, Co-Founder and Global
CEO of Fourier
Intelligence, represented the company in delivering the latest
rehabilitation technology advancements, shedding light on the concept of Rehab
4.0.
Previously spoken at the 5th Future Investment
Initiative, the recent invitation to attend the 7th edition’s innovation
hub is a much-welcomed opportunity for Fourier Intelligence and aligns with the
current company goals of creating a cohesive and sustainable rehabilitation
ecosystem for all. Attended by over six thousand delegates ranging from world
leaders, ministers, and global experts, the three-day event will feature many
focus discussions to elevate humanity’s challenges.
Picture
1: Zen Koh, Co-Founder & Global CEO of Fourier
Intelligence, with H.E. Sebastian Kurz, Former Prime Minister of the Republic
of Austria
Picture
2: Zen Koh, Co-Founder and Global CEO of Fourier
Intelligence’s concept of Rehab 4.0, the new platform will revolutionise and
drive the rehabilitation technology industry forward by enabling a sustainable
and inclusive ecosystem that paves the way for further protocol development and
creating endless possibilities and breakthroughs.
Since its inception in 2017, the FII Institute has powered the
Future Investment Initiative into an internationally acclaimed event. Bringing
investors and professionals from around the globe, the annual event serves as a
convergence point of the brightest minds and a catalyst to drive advancements
in focus areas such as artificial intelligence (AI) and Robotics, Education,
Healthcare and Sustainability Practices, driving growth to benefit humanity. Themed
‘The New Compass’, the latest edition, is designed to help investors
recalibrate and find new pathways amidst the post-pandemic economy.
Picture
3: The FII 7 Innovation Hub drives advancements in
AI and robotics, Education, Healthcare and Sustainability Practices.
“Our partners are what make the FII Institute community so
impactful. Every year our line-up of partners goes from strength to strength.
This year, we are proud to recognise partners from 42 leading global
corporations, universities, and institutions. Our partners reflect an
unparalleled concentration of great minds and leaders. Alongside this
community, the Institute is making strides towards our only agenda: Impact on
Humanity,” said Richard Attias, CEO of the Future Investment Initiative
Institute.
Picture
4: Zen Koh, Co-Founder & Global CEO of Fourier Intelligence, with the HandyRehab™, a hand
function rehabilitation robotic device that targets the user’s fine motor
skills by providing various functional finger movement training.
“The Future Investment Initiative is an excellent opportunity for
the rehabilitation technology industry, where we can showcase our latest
advancement to the world. Being invited to a conference of this scale deeply
humbles Fourier Intelligence and myself. As a company that strives to provide
the best technology to patients and assist therapists in delivering care, it is
an excellent stepping stone in further promoting robotics and AI in
rehabilitative care.”
“Representing Asia, I am also optimistic about the outlook of the
industry as a whole; with events like this, we can bridge the geographical gap
and facilitate further collaboration among industry leaders, which ultimately
enables us to create a rehabilitation ecosystem that will truly benefit
humanity and individuals that requires it the most,” added Zen Koh, Co-Founder
& Global CEO of Fourier Intelligence.
Since its inception in 2015, Saudi Aramco-backed Fourier
Intelligence has been making strides in the industry by offering a wide range
of rehabilitation technology. Recently launching the MetaMotus™ Galileo at RehabWeek
2023, the biomechanics analysis and rehabilitation platform integrates virtual
reality (VR) and robotics, creating an immersive environment for patients to
train and facilitate their reintegration into society after sustaining injury.
Fourier Intelligence is a leading technology company dedicated to developing exoskeleton and rehabilitation robotics with a focus on creativity since its inception in 2015. The company collaborates with researchers, therapists, and patients to deliver cutting-edge rehabilitation robotics solutions. Fourier Intelligence aims to elevate user experience through its interconnectable intelligent robotics technology, providing an intuitive, easy-to-use system that enhances the lives of both patients and therapists.
Martin OOI, Marketing Manager
Fourier Intelligence
Phone: +60-12-6264-201
Email: ma********@*****************ce.com
by Ferry Bayu | Oct 26, 2023 | Business
The ASEAN Foundation, in collaboration with TikTok and SAP, is pleased to announce the successful completion of the Regional Workshop for the ASEAN Social Enterprise Development Programme (ASEAN SEDP) 2.0. Themed “Empowering Social Enterprises to Drive Meaningful Change in ASEAN,” this event recently took place in Singapore, coinciding with the 16th ASEAN Coordinating Committee on Micro, Small, and Medium Enterprises (ACCMSME).
During the workshop, three outstanding social enterprises were awarded a total of $30,000 in grants to support the implementation of their innovative social business ideas and further promote sustainable development goals in the ASEAN region.
SINGAPORE – The ASEAN Foundation, in collaboration with TikTok and SAP, is proud to announce the successful completion of the Regional Workshop for the
ASEAN Social Enterprise Development Programme (ASEAN SEDP) 2.0. The workshop, titled “Empowering Social Enterprises to Drive Meaningful Change in ASEAN,” was held in Singapore from October 17 to 20, 2023, in conjunction with the 16th ASEAN Coordinating Committee on Micro, Small, and Medium Enterprises (ACCMSME).
During the event, three outstanding social enterprises were awarded grants totaling $30,000 to help bring their innovative social business ideas to life, contributing to the advancement of sustainable development goals in the ASEAN region.
The Regional Workshop featured an engaging program that included a Demo Day and Business Matchmaking sessions, connecting visionary social entrepreneurs with potential investors, such as venture capitalists and angel investors. The workshop also hosted insightful roundtable discussions and a networking dinner with ACCMSME delegates. This provided participants with a platform to build meaningful relationships, express their aspirations, and showcase their promising initiatives to ASEAN policymakers. The winners of the grants were Survival Skills Vietnam from Vietnam in first place, Tulibot from Indonesia in second place, and Beebag from Malaysia in third place.
“We are excited to announce the seed grant winners today, and we look forward to witnessing their growth and contribution to sustainability across the region. The Regional Workshop offers an invaluable opportunity for these social entrepreneurs to gain exposure to potential investors, actively participate in regional conversations, and network with influential policymakers across ASEAN. We are confident that all the participating social enterprises will harness the knowledge they have acquired during the program and continue to thrive,” said Dr. Piti Srisangnam, Executive Director of the ASEAN Foundation.
The ASEAN Foundation, in partnership with TikTok and SAP, has successfully launched the ASEAN SEDP 2.0 program to empower social enterprises throughout the ASEAN region. This initiative focuses on promoting productivity, technology, and innovation. It aims to enhance access to financing, improve market access and internationalization, and foster entrepreneurship and human capital development.
After a rigorous selection process involving 145 applicants, 20 exceptional social enterprises from ten ASEAN member countries have been chosen to participate in the program. The selected enterprises are as follows:
- Brunei Darussalam: Big BWN Project
- Cambodia: ADSA Cambodia
- Indonesia: Komerce, PetaNetra, PT. Disabilitas Kerja Indonesia, and Tulibot
- Lao PDR: Cofarm – Farm for Local
- Malaysia: Beebag, Native Discovery, and PichaEats
- Myanmar: CC Educare Myanmar, Taungthutada, and TTTD – Farmers’ Bridge
- Philippines: Hinablon sa Cebu and Mayani
- Singapore: Recyglo
- Thailand: Lukthamdai, Moreloop, and PakDone
- Vietnam: Survival Skills Vietnam and Tohe Social Enterprise
These enterprises represent a diverse range of innovative solutions aimed at addressing social issues within their communities.
The selected social enterprises benefited from 15 customized virtual training and mentoring sessions tailored to their specific needs. One of these sessions, held in September 2023, focused on TikTok Trust and Safety. It provided insights into TikTok’s safety efforts, community guidelines, and user protection measures.
Hasnita Taslim, the Founder of PT Disabilitas Kerja, stated, “I am grateful to have learned about TikTok’s Trust and Safety (T&S) strategies and measures that are in place to ensure user safety on the platform. As a TikTok user, it gives me great confidence knowing that we are well protected.”
Another workshop that TikTok conducted focused on content creation strategy, equipping social enterprises with skills and techniques to connect, grow, and mobilize their audience authentically.
“TikTok is proud to partner with the ASEAN Foundation to meaningfully empower social enterprises across Southeast Asia to advance inclusive economic growth and drive meaningful change in their communities. We believe that a collective partnership involving governments, non-profits, and private sector partners can enable the next generation of entrepreneurs to grow and thrive,” said Jerry Lewis Ong, Social Impact APAC, TikTok.
The ongoing strategic collaboration between the ASEAN Foundation and SAP aims to empower youth-led social enterprises and young talents across the ASEAN region. This program focuses on equipping them with the essential skills needed to create a future-ready workforce and encourages young social entrepreneurs to explore innovative solutions that provide inclusive economic benefits throughout the region. Recently, SAP conducted training sessions for selected social entrepreneurs under the themes “Powerful Collaborations: Enhancing Impact through Partnership” and “SAP S/4HANA for Small and Medium-Sized Enterprises.”
Lu Hongwei, the Regional CSR Director for East Asia, Pacific, and Greater China at SAP, stated, “We are dedicated to supporting social entrepreneurs who are ready to create significant regional and global change. Through the knowledge gained from our program, along with ongoing mentorship and access to our corporate supplier networks, we firmly believe they will achieve a profound impact.”
One of the highlighted social enterprises is Recyglo Singapore, a sustainability platform based in Singapore. They offer closed-loop waste management solutions for both businesses and individuals and operate in Singapore, Malaysia, Thailand, Vietnam, and Myanmar. Adhering to their motto, “Making the world a cleaner place,” their mission is to process materials in a safe and non-hazardous manner to prevent environmental harm.
The Regional Workshop was attended by several officials nominated by ACCMSME, including:
- Mr. Tham Jierong, Assistant CEO and Head of Venture Building at raiSE, Singapore.
- Ms. Joanne Tan, Assistant Chief Executive Officer of the Capability Programmes and Planning Group at Enterprise Singapore.
- Mr. M. Reza Guntara, Expert Planner at the Ministry of Cooperatives and SMEs in Indonesia.
Three decades after ASEAN was established, it became evident that there was a need for enhanced shared prosperity, awareness, and interaction among its people.
In response, ASEAN leaders founded the ASEAN Foundation during the ASEAN 30th Anniversary Commemorative Summit in Kuala Lumpur, Malaysia, on December 15, 1997. The ASEAN Foundation, created by and for the people of ASEAN, has a vision of building a cohesive and prosperous ASEAN Community.
As an integral part of ASEAN, the Foundation is committed to promoting awareness, identity, interaction, and development among its people. For more information about the ASEAN Foundation, please visit: www.aseanfoundation.org.Faye Jeremy
081990851272
by Ferry Bayu | Oct 24, 2023 | Business
DSAM and Lazada Ink Groundbreaking Industry Collaboration Supported by the Ministry of Domestic Trade and Cost of Living
This first-ever initiative permits only registered distributors with a Letter of Authorization (LOA) to directly market Direct Selling products on the Lazada platform.
KUALA LUMPUR, 24 OCTOBER 2023 – Direct Selling Association Malaysia (DSAM) and Lazada, Southeast Asia’s pioneer eCommerce platform signed a Memorandum of Understanding (MoU) as part of a strategic collaboration to strengthen oversight of product sales of the Direct Selling industry on Lazada e-Commerce platform. This landmark MoU represents the inaugural partnership between 145 DSAM Member Companies and Lazada Malaysia, under the guidance and support of the Ministry of Domestic Trade and Cost of Living (KPDN). KPDN regulates the Direct Selling Industry through the Direct Selling and Anti-Pyramid Schemes Act 1993 [Act 500] which requires members of DSAM, Direct Selling companies and its authorized distributors to have a valid approval. This first-ever initiative permits only registered distributors with a Letter of Authorization (LOA) to directly market Direct Selling products on the Lazada platform.
KPDN Senior Director of Distributive Trade & Business Sector, Dato’ Rohaizi bin Bahari, who witnessed the MoU signing said, “The Ministry is of the view that this partnership will give rise to a fair and harmonious business landscape, and increase consumer confidence in buying direct sales products through online platforms. This effort will also ensure quality and authenticity of products are maintained for a safer online ecosystem. The Ministry encourages such future collaborations which adds value to the growth of domestic trade and in contributing to the national economy in general, through direct selling industry”. Tan Sri Dr. Noor Hisham, DSAM Code Administrator, jointly witnessed the MoU signing event.
Recognizing the pressing challenges, the MoU will implement rigorous measures proactively to enhance and strengthen oversight of DSAM Member Companies’ product sales on Lazada Malaysia. DSAM and Lazada will join hands in an effort to ensure product quality and authenticity, contributing to a safer online ecosystem for both consumers and sellers. Official supporting documents such as a copy of the direct selling license, as well as the letter of authorization (LOA) by DSAM Member Companies need to be submitted by the sellers prior to onboarding and operating their online store on Lazada. For all existing sellers of Direct Selling products on Lazada, a LOA must be obtained.
“Through this MoU, sellers on Lazada can be authenticated as legitimate sellers of DSAM Member Companies’ products through a joint-approval process from DSAM Member Companies and Lazada. This will enable us to establish a legitimate business landscape and foster sustainable entrepreneurial growth from Malaysia’s current base of 4 million distributors nationwide,” said Zaihan Ariffin, DSAM President.
Direct Selling distributors complying with the Act 500 face challenges posed by those who sell DSAM members’ products without adhering to industry’s prescribed conditions. The situation has led to the proliferation of counterfeit products, cross border unregistered products, items with unapproved claims, unauthorized pricing issues and altered products, as well as instances of abuse and scams, all of which have had detrimental effects on both the DSAM Member Companies and their distributors. The collaboration with Lazada ensures that Direct Selling products purchased through authorized sellers with LOAs are genuine and supported by the principal Direct Selling companies.
“This partnership is all about trust and assurance. It ensures that the consumers would be able to buy quality products and authentic goods from the brands’ trusted authorized sellers on Lazada platform. With strong support and strategic collaboration with the Ministry and DSAM, Lazada strives to provide the best for our customers and sellers as we contribute towards a thriving digital economy,” said Alan Chan, Chief Executive Officer of Lazada Malaysia.
The Direct Selling industry is one of the most highly regulated industries in Malaysia with KPDN requiring all Direct Selling companies to have a valid Direct Selling License (AJL), highlighting the compliance with the Act 500, its associated regulations and the AJL guidelines. These measures are crucial in preserving the industry integrity.
The AJL guidelines also incorporate provisions for price control and various strategies aimed at fostering a correct and favorable perception of the Direct Selling industry. This is essential to combat negative stereotypes such as ‘get-rich-quick’ and pyramid schemes perpetrated by some unscrupulous individuals and companies.
Currently, Malaysia has over 400 AJL holders, all committed to upholding the highest industry standards. DSAM has been ranked Platinum status, the highest of its ranking, by the World Federation of Direct Selling Associations (WFDSA) amongst associations in 62 countries.
About DSAM (www.dsam.org.my)
DSAM was established in 1978 as a national Direct Selling association dedicated to promoting Direct Selling nationally and globally and becoming the de facto voice of the industry. As the ethical bearer of the Direct Selling industry in Malaysia, our mission is to support Direct Selling companies in the fields of governance, education, communication, consumer protection and ethics.
DSAM currently has 145 members with nearly 3.9 million distributors. DSAM members which make up 64% of local direct selling companies and various other countries, have generated over RM15 billion in retail sales for 2022. DSAM is a Platinum Member of the World Federation of Direct Selling Associations (WFDSA) as well as an advisor for the Asia Pacific region.
About Lazada Group
Lazada Group is Southeast Asia’s pioneer eCommerce platform. For the past 11 years, Lazada has been accelerating progress in Malaysia, Indonesia, the Philippines, Singapore, Thailand and Vietnam through commerce and technology. Today, a thriving local ecosystem links about 160 million active users to more than one million actively-selling sellers every month, who are transacting safely and securely via trusted payments channels and Lazada Wallet, receiving parcels through a homegrown logistics network that has become the largest in the region.
With a vision to achieve USD100 billion annual GMV, Lazada aims to serve 300 million shoppers by 2030, and be the best at enabling brands and sellers in digitalizing their businesses.
In Malaysia, customers can shop on Lazada with a peace of mind and receive their orders quickly and reliably with the ‘Fast and Free Shipping’ and ‘Priority Delivery’ options. Orders can be tracked up-to-date on the Lazada app and customers can save more with ‘Free Shipping’, vouchers and promotions.
Media Contact for DSAM:
Irene Yeoh
+60123868873
ir*******@**********ia.com
by Ferry Bayu | Oct 23, 2023 | Business
VRITIMES Introduces New Feature for Scheduling and Reserving Press Releases
Manila, October 23, 2023 – VRITIMES, a leading media technology startup, is excited to announce a new feature that enhances the user experience for distributing press releases. The new “Schedule and Reserve Press Releases” feature allows users to plan their press releases for future dates, offering greater flexibility and control over their media distribution strategy.
The process for using this feature is simple and user-friendly. Users can continue to create their press releases in the usual manner but now have the option to specify a future date and time for publication. This added functionality aims to make the process of distributing press releases even more seamless and efficient.
To further assist users in utilizing this new feature, VRITIMES has also released an instructional video. This step-by-step guide is embedded on the platform and provides a visual walkthrough on how to schedule and reserve posts effectively.
“We are committed to providing our users with the tools they need to effectively communicate their messages,” said Ferry Bayu, Co-Founder / CEO at VRITIMES. “This new feature is a testament to that commitment, and we are excited to see how it will benefit our user community.”
VRITIMES (https://www.vritimes.com/ph/service) is a media technology startup company, established in Tokyo in August 2022. We specialize in press releases, functioning both as a media platform and a distributor to our media partners. Users can create and distribute press releases through VRITIMES, then use our analytics feature to review their results – all within one solution. By making it easy and affordable to distribute press releases, we aim to facilitate a more valuable flow of information in the world, serving as the infrastructure that ensures this information reaches the media and consumers.
Media Relations Team
ma*******@******es.com
by Ferry Bayu | Oct 23, 2023 | Business
The Courtyard Tokyo Ginza Hotel, located in the vibrant Ginza District of Tokyo, Japan, offers a convenient and comfortable stay. Surrounded by shopping, business, and tourist attractions, the hotel is ideally situated on Showa-Dori Avenue, close to popular cultural sites such as Tokyo Disneyland, Asakusa, and Hamarikyu Garden.
The hotel features a variety of dining options, serving both authentic Japanese cuisine and international dishes. These restaurants are scheduled to open in November. Additionally, guests can take advantage of a 24-hour fitness center and flexible meeting rooms suitable for seminars and presentations.
After undergoing renovations by Tobu Group, the hotel will reopen in November 2023, with guest rooms available for booking starting in December.
Enjoy a convenient stay at the Courtyard Tokyo Ginza Hotel, located in the famous Ginza District along Showa-Dori Avenue. A diverse selection of shopping, business, and tourist attractions surrounds our hotel.
Step outside of our hotel, and you’ll enter the vibrant shopping and entertainment district of Ginza. Within walking distance, you can discover popular cultural sites in Tokyo, including Tokyo Disney Resort, Asakusa, and Hamarikyu Garden.
Experience authentic Japanese and international cuisine at our hotel’s restaurants during your visit to Tokyo. The restaurant is scheduled to open on November 1st.
Stay fit at our 24-hour fitness center, which features cardio machines and free weights right in the heart of Ginza.
If you need a space to host a seminar, lecture, or presentation, take advantage of our versatile meeting rooms. They come equipped with large screens and comfortable seating to ensure your guests are both content and productive.
The Courtyard Tokyo Ginza Hotel, located in the heart of Tokyo, serves as your gateway to the vibrant city life of Japan. We offer a comprehensive range of amenities and services designed to ensure a comfortable and enjoyable stay, regardless of the purpose of your trip. We are excited to announce that our hotel will be reopening after renovations completed by Tobu Group in November 2023, with guest rooms available for booking starting on December 1st.
Representatives from Tobu Railway in Malaysia will promote the tourism areas covered by Tobu Railway and share news and information with travel-related partners.
Tobu Railway boasts an extensive network that spans Tokyo and four surrounding prefectures: Chiba, Saitama, Tochigi, and Gunma. With a total of 463.3 kilometers of operating track, Tobu is the largest private railway in the Kanto region, serving commuters, students, business travelers, and tourists alike.
Desmond Haw
+6010-236 2611
de*****@*********on.com
by Penny Angeles-Tan | Oct 20, 2023 | Business
When building a home, everyone dreams of being able to create a space that they truly love. Whether this means having a house that reflects your unique personality or a space that gives you a sense of true serenity, this can easily be achieved by carefully choosing the colors and finishes of your furniture. With the newly launched finishes by American Standard – Polished Cool Sunrise, Brushed Hard Graphite, and Matte Black, consumers are now able to add a more personal touch to their bathroom spaces.
Every color has a story. Which one fits yours?
Polished Cool Sunrise
Polished Cool Sunrise adds more sophistication and a touch of vibrant color to your bathroom.
The timeless beauty of Polished Cool Sunrise will brighten up your home. Whether you prefer a more sophisticated feel or want a touch of vibrant color in your bathroom, this bright gold polish can infuse your space with a comforting glow that will match what you’re looking for. With this color, light gracefully dances across its glossy finish, which helps you create a warm and joyful ambiance in your home.
Brushed Hard Graphite
The stunning Brushed Hard Graphite shade and its rich grey hue and textured finish create an atmosphere of zen and tranquility.
For those who want to transform their bathroom space, the stunning Brushed Hard Graphite shade and its rich grey hue and textured finish are perfect. If you pair this finish with dark or earth tones, this will create an atmosphere of Zen and tranquility in any room. However, if you’re looking to add more unique character to your home, its industrial-inspired look and refined appearance can also effortlessly balance style and functionality.
Matte Black
The striking beauty of Matte Black helps you escape the noise of everyday life within your home.
The striking beauty of Matte Black helps you escape the noise of everyday life within your home. This finish can either help you set a bold statement or establish understated elegance — all because of its rugged all-black texture that exudes a commanding presence and leaves a lasting impression.
Elevate your bathroom with Acacia Evolution and EasySet
All three-color finishes are available in the Acacia Evolution faucets, EasySet Concealed Auto Temperature Mixer, and EasySet Exposed Auto Temperature and select accessories.
Elevate the look and feel of the bathroom with the modern, minimalistic, clean lines of Acacia Evolution fittings. With EcoStart, the Acacia Evolution faucet releases cold water instead of warm water upon lifting the lever, saving you up to 30% of precious energy as it prevents the boiler from heating up. To get hot water, you will only need to move the lever to the left, and by providing a resistance midway when lifting the lever, ClickMove gives you better water volume control, saving you water. Lastly, ComfortMove provides smooth handle performance for optimal precision and comfort.
The EasySet Auto Temperature Mixers, which come in both Concealed and Exposed variants, will elevate your showering experience to a whole new level of comfort. Adjust the water temperature and volume with a simple push and turn to pamper yourself with a shower at a constant and comfortable temperature with ThermoComfort, even when cold water is used elsewhere in the house. Prevent accidental scalding, especially for the young and elderly, with ThermoSafe, which caps water temperature at 49° Celsius and shuts off when cold water supply fails. As an added precaution, the EasySet Exposed Auto Temperature Mixer features CoolShield to ensure the faucet body is always cool to the touch to prevent any instances of scalding when coming into contact.
If you’re building your first home or planning an upgrade to your current homestead, the bathroom space design plays an important role in your wellness experience at home. Choosing mood-boosting colors for you and your family can transform your basic toilet and bath into a personal sanctuary – something that you will love to come home to every day—a space you and your family will enjoy being in.
Follow us on social media via Facebook, Instagram, LinkedIn and YouTube.
About American Standard
American Standard is the industry leader in bathroom and kitchen products, providing an unmatched legacy of quality and innovation for almost 150 years. American Standard is passionate about improving daily living in ways big and small. From toilet seat innovations to best-in-class kitchen faucets, American Standard seeks to inspire people to create a home they will love every day.
About Lixil
LIXIL (TSE Code 5938) makes pioneering water and housing products that solve everyday, real-life challenges, making better homes a reality for everyone, everywhere. Drawing on our Japanese heritage, we create world-leading technology and innovate to make high-quality products that transform homes. But the LIXIL difference is how we do this: through meaningful design, an entrepreneurial spirit, a dedication to improving accessibility for all, and responsible business growth. Our approach comes to life through industry-leading brands, including INAX, GROHE, American Standard, and TOSTEM. Approximately 55,000 colleagues operating in more than 150 countries are proud to make products that touch the lives of more than a billion people every day. Learn more at www.lixil.com.ph
You must be logged in to post a comment.