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Indonesia shares higher at close of trade; Jakarta Stock Exchange Composite up 0.22%
Investing.com – Indonesia equities were higher at the close on Monday, as gains in the Financials, Agriculture and Basic Industry sectors propelled shares higher.At the close in Jakarta, the Jakarta SInvesting.com
Mon, Sep 23
Clarivate and Relatable Healthcare Forge Strategic Partnership to Transform Medtech Sales Contracting Process
Clarivate Medtech Intelligence and Relatable software enhance product data management and competitive conversion efficiency for medtech sales, contracting and pricing teams LONDONPR Newswire
Mon, Sep 23
Newborn Town（SEHK:9911）included in the FTSE Russell Global Stock Index Series, expecting more global funds
Newborn Town（SEHK:9911）included inthe FTSE Russell Global Stock Index Series, expecting more global funds[23 September 2024 – Hong Kong] Newborn Town Inc., a leading global social-networking company (‘Newborn Town’ or Company, Stock Code: SEHK 9911), is pleased to announce that it has been included in two indices of the FTSE Russell Global Stock Index Series, namely the FTSE All-Cap (LMS) and the FTSE Global Small Cap indices, which officially took effect today.According to the latest semi-annual FTSE Global Equity Index Series (FTSE GEIS) review report, FTSE Russell disclosed the adjustments to the constituents of the China regional index (GEIS China). Newborn Town has been included in two FTSE indices in this adjustment. The inclusion is expected to further enhance the company's visibility and influence in the international capital markets and attract global funds tracking these indices for stock purchases.FTSE Russell is the world's second-largest index provider, with its index products covering over 70 countries and regions, totaling about US$20 trillion in assets benchmarked against its index products. The FTSE Global Stock Index Series includes more than 19,000 stocks from 49 developed and emerging markets worldwide, making it one of the most authoritative global stock indexes.Companies included in the FTSE GEIS index must demonstrate outstanding performance in listing compliance, profitability, corporate governance, high liquidity, and growth potential. The FTSE indices are crucial references for global investors, and index adjustments often attract significant passive funds from overseas. The inclusion of many companies in the FTSE indices has been viewed positively, as it is believed to attract increased foreign investment and is often considered a positive signal for stock prices.Looking at past index constituent changes, market capitalization is one of the core factors for adjustments, particularly the phased stock price performance. In this adjustment, the stocks newly included have generally shown significant gains this year. Newborn Town has achieved a 42.78% increase in stock price from the beginning of the year.In the first half of 2024, Newborn Town reported a total revenue of RMB 2.27 billion, representing a year-on-year growth of approximately 65%; a net profit of RMB 388 million, indicating a 28% year-on-year increase; and an adjusted EBITDA of RMB 448 million, showing a 29% year-on-year growth. In recent years, the company has consistently achieved success in the Middle East and North Africa (MENA) region, with the core social products of the company experiencing a year-on-year revenue increase of approximately 44% in the first half of the year.Over the past two years, global investors have paid greater attention to the MENA market, which has significant potential. While Newborn Town has been profoundly cultivating the MENA market for many years, it is one of the few companies with profound localization capabilities. With the strong growth of the company's business and the increasing international capital focus, the long-term investment value of Newborn Town is expected to manifest further.About Newborn TownNewborn Town has grown into a leading technology company which was listed on the Main Board of the Hong Kong Stock Exchange (HKEX) in 2019 under the stock code 9911.Committed to creating positive emotional values worldwide, Newborn Town has developed a diverse portfolio of applications in the social networking and entertainment sectors. Its social apps include MICO, YoHo, TopTop, SUGO and HeeSay, together with gaming products like Alice's Dream: Merge Games. These applications have achieved widespread acclaim, reaching over one billion users in over one hundred countries and regions.Newborn Town considers the Middle East and North Africa (MENA) region a key market and has also extended its influence in Southeast Asia, Europe, the United States, Japan, and South Korea. The company aims to become the world's largest social entertainment company.For enquiries, please contactDLK Advisory pr@dlkadvisory.comFile: Newborn Town (SEHK 9911) included in the FTSE Russell Global Stock Index Series, expecting more global funds.23/09/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Mon, Sep 23
ETUNNEL Enters Into Partnership with International Telecommunication Union (ITU), Protecting the UN's ID Security
Seoul, Korea - September 23, 2024 - (SeaPRwire) - ETUNNEL Inc. has secured a contract with the International Telecommunication Union, an affiliate of the United Nations, to supply advanced biometric smart cards, marking a significant advancement in global ID security over the next five years and could generate up to $75 million in sales.In a decisive move to enhance global security, the International Telecommunication Union (ITU), an affiliate of the United Nations (UN), has chosen ETUNNEL Inc. to supply its Next-Generation Biometric Smart Card, Smart Card Holder, and Fingerprint Registration Software. This initiative, focused on strengthening identification (ID) security, will see the deployment of ETUNNEL biometric smart cards across ITU member organizations.The ETUNNEL biometric smart card is designed to combine traditional ID features with advanced fingerprint recognition. The front displays a photo and name, while the back integrates a microchip and fingerprint recognition device to authenticate the cardholder's identity. This technology not only prevents identity theft and counterfeit IDs but also supports PC authentication, email encryption, electronic document signing, and electronic voting—vital functions for the UN's operations.By introducing this advanced biometric technology, ETUNNEL strengthens the protection of sensitive information within the UN. As identity theft continues to rise globally, precise user authentication has become increasingly crucial. The ETUNNEL biometric smart card provides reliable identity verification across various scenarios, playing a vital role in the day-to-day activities of the UN and its affiliates.ITU Partnership Elevates Global Security StandardsThe ITU, established in 1856, is the world's oldest international organization, boasting 193 member nations and over 1,000 corporate members, including industry leaders like Google, Intel, and Samsung. ETUNNEL's collaboration with this influential organization positions the company as a key player in global communication and security standards, emphasizing the importance of the ETUNNEL biometric smart card.This partnership not only solidifies ETUNNEL's role in international security but also sets new benchmarks for ID security worldwide. By aligning with the ITU, ETUNNEL contributes to developing effective security protocols that can be adopted globally. The ETUNNEL biometric smart card is expected to serve as a model for other countries and organizations seeking to enhance their security measures.The UN and its 40 affiliated organizations plan to use ETUNNEL's biometric smart card for up to 1 million people. ETUNNEL expects $75 million in sales over the next five years, driven by initial demand and a three-year replacement cycle. Regular updates will keep security strong, making the ETUNNEL biometric smart card effective in combating identity theft.The ITU's endorsement of ETUNNEL's technology will likely inspire similar initiatives across other international organizations and governments. As the ITU sets communication standards for many countries, adopting ETUNNEL's biometric smart cards could lead to broader use of similar security technologies, helping to combat global threats and protect sensitive information.P2N2 Engine Drives Biometric SecurityETUNNEL's success hinges on its P2N2 Integrated Biometric Recognition AI Engine, which supports various authentication methods, including fingerprint, face, palm vein, and iris recognition. This versatility makes it ideal for the diverse security needs of the UN and its affiliates, enhancing the ETUNNEL biometric smart card's accuracy and reliability.The P2N2 engine allows ETUNNEL to offer flexible biometric security solutions, whether for securing physical access, verifying online identities, or authenticating electronic documents. Its ability to integrate multiple biometric inputs into a single platform sets it apart from other solutions.ETUNNEL plans to expand its product line with offerings like the PC LOG-ON finger vein authentication device, finger vein door locks, and self-ID devices using facial and fingerprint recognition. These products will boost security across UN operations and further establish ETUNNEL's biometric smart card as a leader in global ID security.ETUNNEL Leads Global ID ProtectionETUNNEL's partnership with the ITU marks a major advance in global ID security, positioning the company as a leader in biometric technology. As the UN and its affiliates implement these solutions, the ETUNNEL biometric smart card is set to become the standard for protecting sensitive information and ensuring secure access.The widespread adoption of the ETUNNEL biometric smart card across this extensive network highlights the company's expertise and the reliability of its technology. As more organizations recognize the need for strong ID security, ETUNNEL's biometric smart cards are likely to see even broader use, serving as a model for other international organizations.ETUNNEL sets the benchmark for a more secure world by leading in global ID protection. Their innovations are not just about keeping pace with trends; they define them. As ETUNNEL's influence grows, the impact of its biometric smart cards and related technologies will resonate across industries, contributing to a safer world for all.Media contactBrand: ETUNNELContact: Media teamEmail: support@etunnel.netWebsite: https://etunnel.net/23/09/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Mon, Sep 23
ETUNNEL Enters Into Partnership with International Telecommunication Union (ITU), Protecting the UN's ID Security
Seoul, Korea - September 23, 2024 - (SeaPRwire) - ETUNNEL Inc. has secured a contract with the International Telecommunication Union, an affiliate of the United Nations, to supply advanced biometric smart cards, marking a significant advancement in global ID security over the next five years and could generate up to $75 million in sales.In a decisive move to enhance global security, the International Telecommunication Union (ITU), an affiliate of the United Nations (UN), has chosen ETUNNEL Inc. to supply its Next-Generation Biometric Smart Card, Smart Card Holder, and Fingerprint Registration Software. This initiative, focused on strengthening identification (ID) security, will see the deployment of ETUNNEL biometric smart cards across ITU member organizations.The ETUNNEL biometric smart card is designed to combine traditional ID features with advanced fingerprint recognition. The front displays a photo and name, while the back integrates a microchip and fingerprint recognition device to authenticate the cardholder's identity. This technology not only prevents identity theft and counterfeit IDs but also supports PC authentication, email encryption, electronic document signing, and electronic voting—vital functions for the UN's operations.By introducing this advanced biometric technology, ETUNNEL strengthens the protection of sensitive information within the UN. As identity theft continues to rise globally, precise user authentication has become increasingly crucial. The ETUNNEL biometric smart card provides reliable identity verification across various scenarios, playing a vital role in the day-to-day activities of the UN and its affiliates.ITU Partnership Elevates Global Security StandardsThe ITU, established in 1856, is the world's oldest international organization, boasting 193 member nations and over 1,000 corporate members, including industry leaders like Google, Intel, and Samsung. ETUNNEL's collaboration with this influential organization positions the company as a key player in global communication and security standards, emphasizing the importance of the ETUNNEL biometric smart card.This partnership not only solidifies ETUNNEL's role in international security but also sets new benchmarks for ID security worldwide. By aligning with the ITU, ETUNNEL contributes to developing effective security protocols that can be adopted globally. The ETUNNEL biometric smart card is expected to serve as a model for other countries and organizations seeking to enhance their security measures.The UN and its 40 affiliated organizations plan to use ETUNNEL's biometric smart card for up to 1 million people. ETUNNEL expects $75 million in sales over the next five years, driven by initial demand and a three-year replacement cycle. Regular updates will keep security strong, making the ETUNNEL biometric smart card effective in combating identity theft.The ITU's endorsement of ETUNNEL's technology will likely inspire similar initiatives across other international organizations and governments. As the ITU sets communication standards for many countries, adopting ETUNNEL's biometric smart cards could lead to broader use of similar security technologies, helping to combat global threats and protect sensitive information.P2N2 Engine Drives Biometric SecurityETUNNEL's success hinges on its P2N2 Integrated Biometric Recognition AI Engine, which supports various authentication methods, including fingerprint, face, palm vein, and iris recognition. This versatility makes it ideal for the diverse security needs of the UN and its affiliates, enhancing the ETUNNEL biometric smart card's accuracy and reliability.The P2N2 engine allows ETUNNEL to offer flexible biometric security solutions, whether for securing physical access, verifying online identities, or authenticating electronic documents. Its ability to integrate multiple biometric inputs into a single platform sets it apart from other solutions.ETUNNEL plans to expand its product line with offerings like the PC LOG-ON finger vein authentication device, finger vein door locks, and self-ID devices using facial and fingerprint recognition. These products will boost security across UN operations and further establish ETUNNEL's biometric smart card as a leader in global ID security.ETUNNEL Leads Global ID ProtectionETUNNEL's partnership with the ITU marks a major advance in global ID security, positioning the company as a leader in biometric technology. As the UN and its affiliates implement these solutions, the ETUNNEL biometric smart card is set to become the standard for protecting sensitive information and ensuring secure access.The widespread adoption of the ETUNNEL biometric smart card across this extensive network highlights the company's expertise and the reliability of its technology. As more organizations recognize the need for strong ID security, ETUNNEL's biometric smart cards are likely to see even broader use, serving as a model for other international organizations.ETUNNEL sets the benchmark for a more secure world by leading in global ID protection. Their innovations are not just about keeping pace with trends; they define them. As ETUNNEL's influence grows, the impact of its biometric smart cards and related technologies will resonate across industries, contributing to a safer world for all.Media contactBrand: ETUNNELContact: Media teamEmail: support@etunnel.netWebsite: https://etunnel.net/23/09/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Mon, Sep 23
