Business News

Smart Classrooms Aren’t Just for the Urban Elites – BenQ Helps Bring Educational Equity to Life

Looking after tomorrow. India and Indonesia are kindred spirits of sorts; they are both countries with large populations that are incredibly diverse in their language, culture, and religion. What also makes them similar is the importance they place on education, especially as a driver of national growth and development as well as inclusivity and equality. While both countries have made good progress in improving the quality and accessibility of education, they both continue to see a digital and educational divide, especially between rural and urban areas. According to the latest findings, rural children still have much room for improvement in terms of foundational skills such as reading and arithmetic. Currently, only 60% of rural youth can read simple English1. Likewise in Indonesia, rural children lag behind their urban counterparts, and less than six in ten primary school children in West Java achieved the minimum national benchmark in reading and a quarter in mathematics2. BenQ sought to make education more equitable through collaboration with the Ranjitsinh Disale Foundation in India and via the BenQ X Nuadu Training Program for Schools in Indonesia. “We believe access to quality education isn’t just the privilege of a select few, but a basic human right for all,” said Mr. Jeffrey Liang, President of BenQ Asia Pacific. “We aim to ensure educational equity and empower rural educators to maximize EdTech tools with our promise to help them ‘Teach Your Way’.” Bringing the Smart Classroom to Rural Schools in India In September of 2023, BenQ announced a partnership with Ranjitsinh Disale Foundation with a common goal of raising the quality of education in rural India through the adoption of smart classrooms. The foundation was started by Ranjitsinh Disale – an acclaimed Indian educator and the only Indian winner of the Global Teacher Award. Through this partnership, 20 […]

CeMAT Southeast Asia – Unveiling the Future of Intralogistics

CeMAT Southeast Asia, the leading global trade event for warehousing, intralogistics and materials handling, will be happening in Singapore from 15 May to 17 May 2024, at the Singapore EXPO. As the premier platform for showcasing the latest industry innovations and industry 4.0 for the future of intralogistics, warehousing, automation, materials handling and supply chain management, the trade show promises an unparalleled experience for attendees. CeMAT Southeast Asia, organised by Hannover Fairs Asia Pacific, a subsidiary of Deutsche Messe, serves as a comprehensive hub of leading technology and service providers in the intralogistics industry. CeMAT events draw over 100,000 attendees at exhibitions around the world. The growing demand for advanced intralogistics technologies and the adoption of industry 4.0 are driving demand. Singapore’s intralogistics market was valued at USD 43.13 billion in 2023, and is predicted to reach USD 115.9 billion by 2030, with a CAGR of 15.0% from 2020 to 2030, according to new research by Next Move Strategy Consulting. With a diverse array of exhibitors, CeMAT will present a one-stop-shop for attendees to explore cutting-edge solutions and best practices across various sectors, including e-commerce, manufacturing, food industry, pharmaceutical, FMCG, supply chain management and retail. “We are thrilled to bring CeMAT back to Southeast Asia, reaffirming our commitment to fostering innovation and collaboration in the intralogistics and materials handling sectors. Singapore is positioned as the international gateway to Southeast Asia and a recognised global logistics hub, making this the ideal location for the next chapter for CeMAT. This event provides attendees an opportunity to witness first-hand the latest innovations, technologies and trends with leading subject experts”, said Tim Bostridge of Hannover Fairs. In addition to the exhibition floor, CeMAT will feature a free show floor theatre featuring knowledge sessions and dedicated local content during Singapore Hour. Attendees can access a […]

Unlocking Growth: BLT achieved revenue of around USD170 million in 2023

In the ever-evolving landscape of additive manufacturing, BLT stands as a pioneer in the field. The fiscal year 2023 marked yet another milestone for the company, with its financial report showcasing impressive growth and unwavering dedication to excellence. Financial Highlights BLT’s financial performance in 2023 was nothing short of exceptional. With operating income surging to an impressive approx USD 170 million, representing a robust 34.24% increase compared to the previous year, the company demonstrated its resilience and agility in navigating challenging market conditions. The net income attributed to shareholders witnessed a significant rise, soaring to approx. USD 19.6 million, marking a notable increase of 78.11% year-over-year. Revenue breakdown by industries reveals a strong foothold in key sectors: Aerospace & Aviation comprising 56.02%, Industry with 37.32%, and Research Institute contributing 5.64%. Revenue from customised 3D printing products, self-developed 3D printing equipment, and 3D printing raw materials saw significant increases of 34.45%, 26.46%, and an impressive 98.98% respectively compared to the prior year. This growth can be attributed to BLT’s continued emphasis on the aerospace sector, coupled with its proactive exploration of new markets and applications. These figures underscore BLT’s strong position in the market and its unwavering commitment to delivering value to shareholders and stakeholders alike. (Exchange Rate: 1 USD = 7.23 CNY, March 28, 2024) A Comprehensive Metal AM Solution Provider As of December 31, 2023, BLT boasted a workforce of 1,720 employees, with approximately 30% dedicated to research and development efforts. The company’s extensive infrastructure, comprising over 440 sets of additive manufacturing equipment, and over 120 sets of complementary analysis and testing equipment, solidified its position as the largest metal additive manufacturing industrial base in the world. At its core, BLT specializes in industrial-grade metal additive manufacturing, offering customers a comprehensive solution for their metal additive manufacturing needs. By […]

Veolia Water Technologies expands mobile water services capabilities in Malaysia

The deployment of three new mobile assets in Malaysia strengthens the support to customer business operations. Comprising two reverse osmosis (RO) systems alongside an Orion™ unit, the units increase water treatment capabilities by over 50% to sustain optimal production levels while ensuring the quality and quantity of essential process water. In a bid to strengthen its support for customers in the region, Veolia Water Technologies, a subsidiary of Veolia and a leading specialist in water treatment technologies and services, unveils the deployment of three new mobile assets in Malaysia. This initiative underscores Veolia’s commitment to safeguarding business operations and communities but also contributes to creating a sustainable and healthier world by delivering high-quality water solutions. Comprising two reverse osmosis (RO) systems alongside an Orion™ unit, the new mobile water treatment assets will increase Veolia’s mobile water treatment capabilities by over 50% and play a crucial role in supporting customers in the region. By efficiently treating more water within shorter time frames, Veolia empowers its clients to sustain optimal production levels while ensuring the quality and quantity of their essential process water. The mobile RO systems, MORO-4x25C, are powerhouses capable of treating and producing up to 100 m3/h of water single pass treatment (50 m3/h for double pass) compared with the existing MORO25C units that manage a production rate of 25 m3/h. With more water treated within a shorter time frame, Veolia’s customers are better empowered to minimize disruptions to production during critical periods of plant downtime or repair work — ensuring a seamless continuity of operations. In addition, the mobile Orion 6000S is a game-changer in elevating water purity standards for pharmaceutical applications. With the ability to produce up to 10 m3/h of mobile purified water, complemented from the existing Orion 4000S unit, the new Orion unit is the […]

Secutech Thailand 2024 show has strong industry support

Bangkok:Organisers of Secutech Thailand – Thailand’s leading fair for security and fire safety for commercial and industrial will return to the Bangkok International Trade & Exhibition Centre (BITEC), Bangkok, from 30 October – 1 November 2024. Renowned key suppliers including Axis, Blazecut Co Ltd, DNAKE Thailand, Hikvision, HIP, Security Systems Services, SECOM, Siemens support for Secutech Thailand. Industry associations include The Building Inspectors Association (BSA), Genthai, Thai IoT, Drone Association of Thailand, National Cyber Security Agency, Thai Intelligent CCTV Association (iCA), Thai Security Association, Baramizi Group, Innovator X, Municipal League of Thailand, The Consulting Engineers Association of Thailand (CEAT), Thailand Productivity Institute (FTPI), Department of Industrial Works (DIW) and Amata. Secutech Thailand has proven to be a professional security and fire safety platform for exhibitors to spark new business opportunities in growing markets, and serves a one-stop sourcing business hub for buyers. Ms Regina Tsai, General Manager, Messe Frankfurt (HK) Ltd – Taiwan Branch is eager to welcome industry players again and bring further opportunities to them. Ms Tsai said: “Secutech Thailand is the place where new innovations are unveiled. Major manufacturers will present their advanced solutions for security and fire safety, which are all tailored to the needs of the Thai market. It is a destination for doing business and for buyers to source for high-calibre products.” Secutech Thailand will be held concurrently with Building and Architect Thailand, co-located at the Bangkok International Trade & Exhibition Centre. Building and Architect Thailand will showcase a variety of solutions on Inno building material and intelligent sustainable building. Over 200 exhibiting brands will ensure a comprehensive showcase of their latest security, fire safety innovations and solutions and sustainable building applications catered to transportation, factory, hospitality, commercial and building sectors in the 7,500 sqm exhibition space. It is expected that both shows will […]

Epson Plans Construction of Biomass Power Plant

The company’s first power plant aims to use renewable electricity Epson has announced planning for the construction of the their first biomass power plant in Iida City, in Nagano Prefecture, Japan. Epson hopes to have the plant in operation in the 2026 fiscal year (ending March 2027) and is working to secure the land and buildings, contract construction, and file the paperwork for power generation. Conceptual drawing of the Minami-Shinshu Biomass Power Plant Epson is publicly committed to becoming carbon negative and underground resource free in Environmental Vision 2050. The use of renewable electricity is a key means by which Epson seeks to reach its goal of decarbonisation and, in December 2023, Epson completed the switch to 100% renewable electricity at all Epson Group sites around the world. The new power plant is intended to provide Epson with self-generated renewable electricity on a continuous basis and reduce the ratio of electricity the company purchases from external power companies, thereby promoting wider public adoption of renewable electricity. Epson plans to construct the plant on the site of the former Kiribayashi Clean Center, which the Minami Shinshu Wide-Area Union shut down in December 2017. The electricity generated will be sold to the market under a feed-in premium (FIP) scheme, and Epson will convert the electricity that it uses into renewable electricity by leveraging the environmental value created through power generation. Moreover, the power is expected to be supplied to local facilities in the event of a disaster or other emergency. The power plant will not depend on fossil fuels. It will be fueled primarily by unused wood from the Minami Shinshu area, as well as by materials such as tree bark, mushroom culture medium, and some waste wooden pallets from Epson. By utilising wood and bark from neglected forests, Epson will also […]

Revolutionary battery launch a significant milestone

The upcoming launch of a revolutionary battery series called Jumbo-Power (JP series) during the 37th China International Hardware Fair on March 20 2024 is a significant milestone. It represents Ampace’s groundbreaking advancements in new and sustainable energy technologies for the power tool industry, propelling the world forward and empowering a better quality of life. By the end of 2024, cordless power tools are projected to capture over 70% of the market share. The rapid advancement of power tools necessitates batteries that meet increasingly demanding criteria, including higher power output, reduced dimensions, and lighter weight. Li-ion batteries are anticipated to maintain their pivotal role in the ongoing evolution of power tool technology. Nevertheless, conventional Li-ion batteries encounter significant obstacles such as sustained high-current discharge capabilities, runtime limitations, suboptimal performance in lower temperatures, lifespan concerns, and charging speed constraints. As a key player in the power tool industry’s upstream sector, Ampace is dedicated to overcoming these bottlenecks through innovative technologies. A prime illustration of this commitment is the JP40, one of the flagship products in the JP series, which has successfully achieved widespread global production and is currently empowering a wide array of top-tier brands with its impressive power output.

Mariya Prempeh, Singapore's RA Country Manager ASIA MN

Interview: Mariya Prempeh, country manager, Singapore, Malaysia and Brunei, Rockwell Automation

Tell readers what it is that you do? I am the country manager for Singapore, Malaysia and Brunei at Rockwell Automation. My team and I primarily work with manufacturers in industries such as life sciences, semiconductors, and oil and gas, helping them to be more productive and more sustainable. My responsibilities also include enhancing the team’s capabilities to accelerate our growth in the region, capitalizing on the increasing demand for smart manufacturing solutions. Where are opportunities for growth for the company? I am based in Singapore, where the country’s strategic location and advanced infrastructure make it a hub for automation and Industry 4.0 technologies. Leading in robotics, predictive analytics, and now artificial intelligence (AI), the nation is spearheading technological advancements. The adoption of advanced manufacturing technologies, such as automation, IoT, and the latest industrial revolution, are reshaping the manufacturing landscape in Singapore and improving efficiency. According to our State of Smart Manufacturing Report, close to half (44%) of APAC manufacturers plan to adopt smart manufacturing within the next year; out of this, China (80%), Australia (60%) and India (59%) are already using some components of smart manufacturing. We are also seeing interest right across the region from companies looking to improve the sustainability of their manufacturing operations or exploring their suitability for World Economic Forum ‘Lighthouse’ status. How is Rockwell Automation integrating AI into its product range? At Rockwell Automation, our solutions such as AI-powered systems can optimize manufacturing processes by adjusting parameters in real-time to maximize efficiency and product quality. One of our solutions in the Life Sciences industry, FactoryTalk PharmaSuite®, tailors its optimization strategies according to different stages of a process and ensures users achieve results efficiently. With its flexible design and smart upgrade mechanism, it offers a strong framework for expanding capabilities in both continuous and separate […]

Korea Metaverse Industry Association enters MOU with Pixotope for XR solutions

The Korea Metaverse Industry Association (K-META), chaired by Shin Soojung, has signed a Memorandum of Understanding (MOU) with Pixotope Technologies aiming to introduce advanced technologies and nurture experts in the metaverse and the virtual production industries. Pixotope is a global company leading innovation in the metaverse and media entertainment industries as the developer of XR solutions including virtual production, which is a core technology of the metaverse. (l-r) Mr Choi Yongki, Vice-Chairman of K-META and Mr Andrew Tan, Vice President APAC Sales for Pixotope Technologies signing the MOU. K-META and Pixotope signed the MOU having recognised the need for nurturing experts, global content competitiveness and the metaverse industry’s ecosystem establishment. As a result of this MOU, K-META and Pixotope will engage in various activities the metaverse industry has a requirement for such as the joint development of expert training courses, education programs based on both parties’ infrastructure and program handling for the exchange of XR advanced technology. Vice Chairman of K-META Choi Yongki explained, “Through this MOU, we will continuously build a cooperation model with Pixotope as well as nurturing experts who will meet key demands of the metaverse and virtual production industries.” Vice President of Pixotope APAC Andrew Tan added, “With this MOU agreement signed and in effect both K-META and Pixotope will work closely together to cultivate the global talent who will lead the next-generation virtual production industry, particularly in Korea. I look forward to our journey together in this collaboration.” Dedication. Determination. Trust. Pixotope is at the forefront of democratising virtual production and empowering content creators with accessible solutions for boundary-pushing immersive storytelling. Having been proven on the most demanding live productions in the world, Pixotope offers media content owners and producers a reliable and sustainable Virtual Production Platform on which to build their media business. […]

Lödige Industries provides HK Electric with an automated storage system for cable drums

Lödige Industries, a leading global supplier of logistics systems, has recently completed the installation of an automated storage and retrieval system at The Hongkong Electric Co., Ltd. (HK Electric)’s Electric Tower in Ap Lei Chau, Hong Kong Island. The system incorporates an elevating transfer vehicle (ETV) to efficiently handle heavy cable drums and transformers. This innovative solution not only maximises warehouse space utilisation and enhances safety, but it also improves material handling efficiency and streamlines inventory management processes. With the ability to control, retrieve, and monitor cable drum storage, the system provides a solid foundation for future expansion and evolution of the company. Lighting up homes and businesses of Hong Kong since 1890, HK Electric has a long record of providing a safe and highly reliable electricity supply at a reasonable price to customers on Hong Kong and Lamma islands. Remarkably, the electricity supply rating of HK Electric has been maintained at higher than 99.999% since 1997, a record that excels many top cities in the world. This outstanding accomplishment places the company among the world’s leading performers in this regard. To consistently deliver such stable and dependable services, the implementation of modern storage systems that align with the ever-evolving demands of the industry is imperative. As the available storage area of 800 m² is not extendable, a multi-storey solution was required to meet the growing demand. At the same time, the cable drums, weighing in at 5.3 tons each are susceptible to damage if stored incorrectly. Retrieval and stock tracking posed an additional challenge. The new fully automated 4-level system serviced by an ETV enables the customer to store significantly more stock on the same footprint in a safe and damage-free manner. Up to 293 storage positions can now be managed in the warehouse. The customised system is comprised […]

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