OMC Group Ready to Roll with Blockchain Solutions

PETALING JAYA, Malaysia, June 18, 2020 /PRNewswire/ — OMC Group Sdn Bhd (“OMC Group” or “Company”), the blockchain arm of AIO Synergy Holdings Berhad (“AIO Synergy”), is set to offer more blockchain solutions to businesses, government and the community to help them operate in a world that is increasingly going digital.

OMC Group offers solutions through the Company’s own patented decentralised ledger technology (“DLT”) known as Authorised Proof of Capacity (“APoC”), which is the consensus mechanism used to run the OMChain for trust and verification purposes.

Jack Lee, CEO of OMC Group
Jack Lee, CEO of OMC Group

Jack Lee, CEO of the company said: “We are in the midst of witnessing how technology has evolved and how businesses are conducted differently from the way it was. The move to doing business digitally paves the way for the business we are in as blockchain strongly encourages transparency and immutability.”

“We are offering our blockchain solutions to serve merchants, which includes a decentralised ledger that is secure, trustworthy and transparent together with a community and ecosystem that we support through our hybrid Point of Sales (“POS”) devices that includes a mining feature rewarding users with points that can be used for transactions”.

The second version of OMC Group’s hybrid POS device together with hot wallet was launched in Malaysia in the second quarter of 2020 (“Q2 2020”) following sales of the devices in China in Q3 2019. The devices are now available in 11 countries in East and Southeast Asia. In total, over 29,000 POS devices have been sold together with the hot wallet.

In the pipeline is the launch of the Asia Blockchain Centre in Q3 2020, a hub supporting blockchain startups through education, providing solutions for businesses, government and the community as well as offering solutions on the applications of blockchain technology. A debit card will be launched in Q4 2020 while a series of awareness campaigns on blockchain will be held.

The OMC ecosystem comprises OmniChat, a text/video/picture messaging platform that has 20 million users worldwide; Omnipay, a peer-to-peer payment network with third-party payment license in China as well as more than 10,000 merchants on-boarded and; Omnity, a smart community management application that can securely store customer information and collect management fees with more than 48,000 daily active users.

The Company’s long-term plans include obtaining a license in Malaysia to operate financial services in 2021 including cross-border payment services and offering its own patented DLT technology, APoC.

Media Contact:
Stefani Wan
s.wan@swanconsultancy.biz  

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Source: OMC Group Sdn. Bhd

MACROKIOSK and Silverlake Collaborate to Advance the Future of Banking

KUALA LUMPUR, Malaysia, June 18, 2020 /PRNewswire/ — MACROKIOSK and Silverlake join forces to empower the emerging digital banking industry in the Asia Pacific region. This collaboration brings together the proven robust digital solutions and respective capabilities of MACROKIOSK and Silverlake to support virtual banks in the evolving banking industry landscape.

With increasing digital transformation across the banking sector, the arrival of digital banking in the region is certain. As digital banking is set to disrupt traditional banking practices and cater to underserved markets, advanced technology becomes more crucial than ever in driving the success of digital banking in emerging economies. The partnership between MACROKIOSK and Silverlake will play a vital role in pioneering connectivity and facilitating virtual banks with their digital offerings.

As Asia’s leading digital technology company, MACROKIOSK’s key focus is in the areas of Communication, Authentication, Engagement and Payment delivered through its in-house developed BOLD. suite of digital solutions which are scalable, secure and highly adaptable.

“MACROKIOSK powers over 40 financial institutions in 14 countries across Asia Pacific. Our BOLD. solutions are future-ready to meet the demands of virtual banks and together with Silverlake, we are confident we will provide meaningful access, efficiency and convenience for digital banking consumers,” says Dato’ Henry Goh, Co-Founder and Chief Operating Officer, MACROKIOSK Group.

With award-winning financial institutions as its clients and a vision of ‘mobility beyond imagination’, Silverlake has left a rather large footprint for digital banking and enterprise mobility in the Asia Pacific region. Moving forward, Silverlake intends to continue developing digital solutions and improve its customer experience models to simplify banking for individuals and organisations alike. Alongside with MACROKIOSK, it recognises the significance of digital banking. “Our focus is to drive innovation in financial institutions in Asia Pacific countries through various digital financial services,” says Mr. Joseph Yeong, Co-Founder and Executive Director, Silverlake Mobility Ecosystem.

The collaboration between MACROKIOSK and Silverlake is poised to create a strong partner ecosystem across technologies in their respective areas of expertise, which enable virtual banks to leverage advanced solutions to stay ahead of competition and expand their foothold in the digital banking landscape.

ABOUT MACROKIOSK

MACROKIOSK is Asia’s leading digital technology company with a strong global presence. Since 2000, MACROKIOSK has been at the forefront of helping individuals and businesses embrace the digital economy through the delivery of Digitalisation Platform-as-a-Service (DPaaS) solutions.

To date, more than 3000 businesses in 37 countries spanning 24 industries and millions of users experience MACROKIOSK’s scalable, secure and highly-adaptable digital solutions developed in-house. MACROKIOSK is certified to international standards including the Microsoft.NET, PMP certification and ISO27001 ISMS.

For more information, please visit www.macrokiosk.com.

ABOUT SILVERLAKE

Silverlake is a leading Technology Innovations, Banking, Financial and Cyber Security solutions provider in the Asia Pacific region with a global presence. Executing parallel efforts in pursuing technology innovations as well as keeping its more than 30 years of deploying core banking to customer sites at 100% success rate is paramount to the company’s strategy.

For more information, please visit www.silverlakemobility.com.

MEDIA CONTACT

MACROKIOSK Press Office
matters@macrokiosk.com

Silverlake
mobility@silverglobe.com 
sales@silverglobe.com

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KT and Hyundai Accelerate Digital Transformation with Smart Robots

SEOUL, South Korea, June 18, 2020 /PRNewswire/ — KT Corp. (KRX: 030200; NYSE: KT), South Korea’s largest telecommunications company, announced it signed strategic cooperation and investment contracts with Hyundai Robotics, to speed up collaboration for digital transformation based on 5G, artificial intelligence (AI) and smart factory.

After KT and Hyundai Robotics contracts to speed up collaboration for digital transformation based on 5G, AI and smart factory, KT president Ku Hyeonmo and Hyundai Heavy Industries Holdings Senior Executive Vice President (SEVP) Chung Kisun are taking photo at the signing ceremony.
After KT and Hyundai Robotics contracts to speed up collaboration for digital transformation based on 5G, AI and smart factory, KT president Ku Hyeonmo and Hyundai Heavy Industries Holdings Senior Executive Vice President (SEVP) Chung Kisun are taking photo at the signing ceremony.

Under the contracts, KT will acquire a 10 percent equity stake in Hyundai Robotics, the leader in the Korean industrial robotics market, for 50 billion won.

KT also signed a business cooperation agreement with Hyundai Heavy Industries Holdings for joint efforts toward digital transformation.

The signing ceremony, held at the KT headquarters in central Seoul, was attended by KT President Ku Hyeonmo, Hyundai Heavy Industries Holdings Senior Executive Vice President (SEVP) Chung Kisun and Hyundai Robotics CEO Seo Yoo-seong, and other senior executives.

The two sides signed a memorandum of understanding in May 2019 and the new contracts solidify their ongoing collaboration to spread digital transformation based on 5G, AI and smart factory. They intend to quicken joint development of intelligent service robots, technological research in autonomous driving, and smart factory solutions.

“In the post-COVID 19 era, KT is prepared to contribute to strengthening the Republic of Korea’s industrial competitiveness and the transformation of our nation’s manufacturing industry, taking advantage of our 5G and AI capability in cooperation with Hyundai Heavy Industries Group,” said KT President Ku. “Beginning with Hyundai Heavy Industries Group, we will do our utmost to expand digital transformation in diverse areas.”

KT will undertake software development and applications related to intelligent service robots and autonomous driving, while Hyundai Robotics will be responsible for hardware development and manufacturing. This is expected to lead to the introduction of intelligent robots that not only provide hotel amenities but also serve food and beverages at restaurants, and cleaning patrol robots loaded with cleaning and security functions. For entry into the service robot market, the two parties also plan to develop collaborative robots for small factories and large franchise stores.

For a smart factory, KT will provide communication technology, cloud, ICT solutions, and related bundle products, while Hyundai Robotics will supply robots and relevant solutions. In particular, the combination of KT’s smart factory solutions, dubbed “5G Factory Makers,” and Hyundai Robotics’ Hyundai Robot Management System (HRMS) is expected to heighten smart factory process analysis, production management and predictive maintenance. The toolkits of both sides will also be applied jointly for smart hospitals and logistics.

Along with its equity participation in Hyundai Robotics, KT will seek an exchange of human resources to help refine elevation of Hyundai Robotics’ competitiveness in robotics and smart factory.

“Beyond mere production, the competitiveness of manufacturers will be determined in the future by the ability of individual businesses to read market trends and transform themselves.” said Chung Kisun, Senior Executive Vice President (SEVP) of Hyundai Heavy Industries Holdings. “Through expansive business cooperation with KT, we believe that not only Hyundai Robotics but the entire Hyundai Heavy Industries Group will be able to achieve digital transformation and thereby improve our competitiveness as leading enterprises in the world.”

Hyundai Robotics, spun off from Hyundai Heavy Industries in April 2017, became a separate corporation specialized for robotics and smart solutions in May this year. It provides smart factory and smart logistics services, and has two subsidiaries – Hyundai Robotics Shanghai and Hyundai L&S (Logistics and Solutions). The company aims for an initial public offering in 2022.

In accordance with their business cooperation agreement, KT and Hyundai Heavy Industries Group will delineate details of their collaboration, particularly through a new senior committee on joint efforts in smart solutions, digital transformation, AI and ICT, as well as other business opportunities. The group will include KT President Ku and Hyundai Heavy Industries Holdings Senior Executive Vice President (SEVP) Chung Kisun.

Last year November, KT and Hyundai Heavy Industries Holdings conducted a joint presentation on their 5G-based business cooperation, focusing on smart factory and smart shipbuilding. In February this year, they launched “AI One Team,” aiming to lift Korea to global leadership in AI, and two months later, KT and Hyundai Robotics introduced “N Bot,” an upgrade from KT’s second-generation GiGA Genie hotel robot in terms of both function and design, at the Novotel Ambassador Seoul Dongdaemun Hotel. It was followed by the signing with Hyundai Construction Equipment of a memorandum of understanding for “joint development and commercialization of 5G smart construction equipment and industrial vehicle platform.”

KT expects that its cooperation with Hyundai Heavy Industries Group will expand digital transformation into diverse industrial fields, eventually enhancing national competitiveness. To that end, KT is exerting corporation-wide efforts for digital transformation to help maximize efficiency and widen business opportunities of companies on the basis of its expertise in 5G network, AI, Big Data, cloud and ICT solution.

MEDIA CONTACTS

For inquiries, please contact our Global Media Relations Team at kt.gmrt@gmail.com

ABOUT KT CORPORATION (KRX: 030200; NYSE: KT)

KT Corp., Korea’s largest telecommunications service provider, reestablished in 1981 under the Telecommunications Business Act, is leading the era of innovations in the world’s most connected country. The company is leading the 4th industrial revolution with high speed wire/wireless network and new ICT technology. KT launched the world’s first nationwide commercial 5G network on April 3, 2019, after successfully showcasing the world’s first trial 5G services at the PyeongChang Winter Olympic Games in February 2018. This is another milestone in KT’s continuous efforts to deliver essential products and services as it aspires to be the number one ICT Company and People’s Company.

For more information, please visit our English website at https://corp.kt.com/eng/

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Source: KT Corp.

Herta Awarded the Highly Competitive “COVID-19 Response Seal of Excellence” From the European Commission

BARCELONA, Spain, June 18, 2020 /PRNewswire/ — In May 2020, Herta was awarded with the COVID-19 Seal of Excellence certificate delivered by the European Commission (EC) for the project AWARE.

Seal Of Excellence Herta
Seal Of Excellence Herta

AWARE was sent for evaluation to the European Innovation Council (EIC) Accelerator Pilot. As stated by the EC, the EIC Accelerator Pilot offers Europe’s brightest and boldest entrepreneurs the chance to step forward and request funding for breakthrough ideas with the potential to create entirely new markets or revolutionize existing ones. Highly innovative SMEs with a clear commercial ambition and a potential for high growth and internationalization are the prime target. The 20th of March 2020, the EC made an urgent call through the EIC Accelerator Pilot for technologies and innovations that could help in treating, testing, monitoring or other aspects of the Coronavirus outbreak.

The COVID-19 Seal of Excellence is a highly competitive quality label awarded to project proposals which were evaluated to have a high excellence and impact to deserve funding in this special call, but did not receive it due to current EC’s budgetary constraints.

AWARE proposes a hybrid edge and distributed solution for advanced video analytics, including real-time face recognition and crowd behaviour analysis. Part of the computing pipeline is executed on-premise, on low-power and small-size edge stations using Deep Neural Network accelerator hardware. This allows saving costs and increasing system’s scalability, efficiency and ease-of-installation. HERTA’s cutting-edge algorithms, which are able to identify people even when wearing masks and monitor crowd density, are integrated in the solution. The automatic control of social distancing and the identification of persons in access controls without the need of removing masks become vitally important to control the spread of COVID-19, and are Herta’s main focus to fight against the pandemic.

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Quantron AG Implements Fuel Cell Trucks in Europe

The Energon is the first in Quantron’s upcoming fuel cell product range. Production is scheduled to start in mid-2022.

AUGSBURG, Germany, June 17, 2020 /PRNewswire/ —

Quantron AG active in the field of hydrogen since its foundation

Quantron AG has been working on hydrogen propulsion for commercial vehicles since its foundation and now, with the new Energon, offers a 44-tonne truck with fuel cell for freight transport that can be fully integrated into logistics processes. It has a range of about 700 km. The 130 kW fuel cell used, supported by a 110 kWh LFP battery, powers the 340 kW engine, which is equipped with a 2-speed transmission.

Quantron AG - Energon Hydrogen Heavy-Duty
Quantron AG – Energon Hydrogen Heavy-Duty

Quantron AG is working hard on other vehicles in order to be able to offer a wide range of fuel cell solutions for companies and local authorities in the near future.

Advantages of the fuel cell

A hydrogen vehicle is an electric vehicle that obtains its energy from a chemical reaction of hydrogen and oxygen in the so-called fuel cell. The electricity generated in this process is either consumed directly in the engine or buffered in the on-board battery. Due to the high system efficiency of the fuel cell, hydrogen trucks have identical performance characteristics to normal diesel trucks. But there is one decisive advantage: the local freedom from emissions of CO2, nitrogen oxides and particulate matter. This is because the electrochemical reaction in the fuel cell produces only water vapor, which is then released into the environment when the truck is driven. Added to this are the general advantages of an e-vehicle. Because hydrogen trucks also enjoy tax and toll exemptions as well as lower maintenance and operating costs than trucks with conventional diesel engines.

Pre-orders with a price advantage of 10,000 € are possible at www.quantron.net.

Photo – https://techent.tv/wp-content/uploads/2020/06/quantron-ag-implements-fuel-cell-trucks-in-europe.jpg

Contact:
Serhat Yilmaz
s.yilmaz@quantron.net 
+49-(0)821-24-99-790

Signals Analytics Lauded by Frost & Sullivan for Enabling Transformative Business Decisions with its Novel Analytical Platform

Signals Analytics’ platform can harmonize varied data sources in an automated, configurable manner to derive deep contextual insights

SANTA CLARA, Calif., June 17, 2020 /PRNewswire/ — Based on its recent analysis of the North American health analytics market, Frost & Sullivan recognizes New York-headquartered Signals Analytics with the 2020 North America Enabling Technology Leadership Award for its novel analytical platform that can harmonize varied data sources in an automated, configurable manner to derive deep contextual insights using natural language processing (NLP) core technology. The platform can be applied in various life sciences, pharmaceuticals, and consumer care industries to help drive data-driven business decisioning and successful business outcomes. It addresses key unmet industry needs for connecting and analyzing vast, unstructured data to extract meaningful insights that can be applied in real-world scenarios, including the current COVID-19 pandemic. To access the full award report, click here.

Signals Analytics
Signals Analytics

“Unlike competitors that offer analytics that require data collection and customization, Signals Analytics delivers a configurable data platform that has already ingested more than 13,000 different data sources. It includes curated taxonomies and more than 100 analytic models, all of which can be adapted to the needs of the business,” said Vandana Iyer, Industry Manager. “The company employs a rich NLP core to facilitate contextual research insights that can drive critical business decisions in a more timely and accurate manner. In the pharmaceutical arena, some of the data sources that are harmonized for analysis include clinical trial data, research publications, patents, company profiles, products, and financials; in the consumer goods space the data sources also including e-commerce product listings and reviews, social media, Key Opinion Leaders and more.”

Signals Analytics leverages the power of lexico-syntactic and semantic extraction modeling, deep learning, swarm intelligence, synthetic control frameworks, and neural networking concepts, which enable deep and broad coverage of otherwise disconnected data sources. Furthermore, it can efficiently cut the noise from the data repertoire to extract actionable intelligence.

The company has also created a COVID-19 Playbook to help pharmaceutical companies, biotechs, and public health agencies extract key insights to accelerate drug and vaccine development and repurpose existing drugs to combat the virus. All of the insights generated by the platform can be updated by expanding data sources to include more information and obtain insights pertaining to the progress of the clinical trials.

“Signals Analytics has been serving many large pharma companies with its advanced analytics platform and has received a further boost by its association with renowned consumer brands such as Nomad Foods and partners such as Informa and Nielsen,” noted Iyer. “Frost & Sullivan applauds Signals Analytics’ remarkable business growth and commends its ability to enable transformative business decisions for its rapidly growing client base.”

Each year, Frost & Sullivan presents this award to a company that has developed a pioneering technology that not only enhances current products, but also enables the development of new products and applications. The award recognizes the high market acceptance potential of the recipient’s technology.

“We are honored to receive the Enabling Technology Leadership Award for Healthcare Analytics, and thank the Frost & Sullivan analyst team for recognizing our position in the market as drivers of digital transformation and impact when it comes to the way businesses leverage big data,” said Gil Sadeh, Co-Founder and CEO of Signals Analytics.

Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Contact:

Lindsey Whitaker
P: 210.477.8457
E: lindsey.whitaker@frost.com

About Signals Analytics

With next-generation advanced analytics, Signals Analytics powers the future of market intelligence with the scale and speed of AI. The configurable data platform connects and classifies countless rich, external sources into unified contextual data, and augments analytic applications with unparalleled accuracy and scale. Patented machine learning, NLP and data automation technologies leapfrog traditional approaches of data collection and management to help organizations maximize the impact of advanced analytics and harness the power of external data to drive successful business outcomes. Business users, consumer and market insights teams and data & analytics organizations leverage the platform to surface powerful trends and predictive insights and benefit from business-ready applications and integrations of the data into their business intelligence environments. Trusted by an impressive roster of global brands including Procter & Gamble, Nestle, Johnson & Johnson, Bayer, Roche, Mars and others who experience higher sustainable growth, faster time to insight and other data-driven benefits, Signals Analytics is redefining the world of market intelligence. For more information visit www.signals-analytics.com

Contact:

Chris Thatcher
P: 646-430-5161
E: cthatcher@5wpr.com

Photo – https://techent.tv/wp-content/uploads/2020/06/signals-analytics-lauded-by-frost-sullivan-for-enabling-transformative-business-decisions-with-its-novel-analytical-platform.jpg

Why Technology is The Key to Malaysia Overcoming the Fallout from COVID-19

Despite its developing economy, Malaysia is still prone to instability and disruption, both natural and man-made.

The ongoing pandemic has shown us that, but it has also raised another concern – how do businesses continue to manage and maintain operations when staff are unable to physically access the workplace or technical facilities, and yet are still required to be ‘present’ and productive by their employers?

In the long term, the solution will require a change in mindset, organisational behaviour, and a new way of doing business. However, in the short term, technology can help.

Technology steps up in time of need

As millions of workers remain isolated, the pivotal role of technology and how it helps keep the country’s economic engine running has been pushed into the spotlight.

Over the past few turbulent months, a range of software, solutions and applications have ensured that prescient businesses continue operating while navigating the recent unpredictability and uncertainty.

Without a doubt, cloud technology has helped. The adoption of public, private and hybrid cloud services provided access to, and availability of, critical data.

At the same time, the transition from hardware-based to software-defined infrastructure has meant that physical access to offices, tech facilities or datacentres is no longer required and central operations can be handled remotely or by a skeleton staff. Thus, the heart of many organisations has continued pumping.

A truly mobile workforce

VDI (Virtual Desktop Infrastructure) and DaaS (Desktop as a Service) are perfect examples of how technology is keeping businesses across Malaysia and Asia running. VDI is a cloud-hosted desktop normally located in an on-site datacentre and operated and maintained by in-house IT personnel.

The advantages of VDI is that it provides the ability to customise and control the on-site hardware and environment – ideal for companies with highly sensitive data. The flexible infrastructure can also be easily expanded incrementally. This is an optimal solution in the face of unforeseen demand surges we have all experienced recently.

That said, the true benefit for the enterprise is that it provides mobility and flexibility for personnel without compromising business security, productivity or performance. VDI allows employees to work from anywhere, on any device with secure and complete access to their work desktop, files and network.

At the height of the Hong Kong unrest, the city’s financial giants used VDI to maximise the safety of their staff, avoiding unpredictable and hazardous commutes, and allowing them to operate safely and securely at peak capacity.

DaaS on the hand is a fully outsourced solution providing a virtual desktop. It neither relies on, nor consumes, any internal hardware. It provides the same flexibility, safety, security and access as VDI – but it is fully handled by a third-party cloud provider and hosted on their cloud.

A software-based future

Together, VDI and DaaS provide Malaysia’s businesses with a simple and accessible option for ensuring their staff remain productive and efficient no matter where they are physically located. The two models are set to become central pillars of the nation’s business survivability strategy as companies seek to mitigate future risk and disruption.

For those businesses caught with an isolated workforce, there is affordable, accessible and immediate relief at hand. 

As VDI and DaaS are cloud-based solutions, virtual workspaces for teams, customers, or partners can usually be up and running in under an hour. Isolated staff can then have safe and secure access to any application simply from their home web browser, with no software download or upgrade required. It is almost as simple as point and click.

For Malaysia’s intelligent businesses, their prudent approach in a volatile region is already paying dividends.  For the rest of the country’s companies, the sooner we all embrace the modern tools we require to keep our staff safe, mobile and productive, our business resilient to disruption, and our economies growing in turbulent times, the sooner we will secure our future. It is up to all of us to ensure Malaysia continues to play a leading role in ASEAN’s future success.

Bright Scholar Embarks on OMO Strategy and to Launch Virtual “Future Global School”

FOSHAN, China, June 17, 2020 /PRNewswire/ — Bright Scholar Education Holdings Limited (“Bright Scholar” or the “Company”) (NYSE:BEDU), a global premier education service company, today hosted an online press conference to announce the launch of its virtual “Future Global School” (the “School”), an online school focusing on international curriculums.

Leveraging the rich offline international education resources of Bright Scholar, the “Future Global School” will adopt the Online-Merge-Offline (the “OMO”) model for the international curriculum to create new learning experience for potential students around the globe. Students can take all or some classes online, and complete other classes and activities in physical schools within the Bright Scholar global network or physical schools of their choice.

The online school aims to mirror the ethos of Bright Scholar schools via an interactive and intelligent Learning Management System to deliver high quality international curriculums including A-Level, Cambridge English for Young Learners, Cambridge English for General and Higher Education from September 2020, and will start AP and IB courses in the near future.

Mr. Nelson Chen, the Future Global School’s Principal, comments, “Our A-Level curriculum of the School are well suited for students in Grade 11 and Grade 12 whether they are current students of Bright Scholar schools or outside our school network. Upon completion of the courses, candidates will be eligible to participate in the official A-Level exam. They can eventually apply overseas universities with their A-Level results, school transcript and language test results.”

Mr. Jerry He, Executive Vice Chairman of Bright Scholar, comments, “Bright Scholar has been investing in digital innovation with focus on education technology in recent years. The launch of the virtual Future Global School’ with OMO model represents a major milestone in utilizing technology to increase access to high quality education for international learners, ushering a new age of learning. The ‘Future Global School’ will significantly improve the learning experience of our students in the face of pandemic, and accelerate the sharing of knowledge, expertise, resources and teachers across our global network of schools.”

About Bright Scholar Education Holdings Limited

Bright Scholar is a global premier education service company, dedicated to providing quality international education to global students and equipping them with the critical academic foundation and skillsets necessary to succeed in the pursuit of higher education. Bright Scholar also complements its international offerings with Chinese government-mandated curriculum for students who wish to maintain the option of pursuing higher education in China. As of February 29, 2020, Bright Scholar operated 80 schools across ten provinces in China and eight schools overseas, covering the breadth of K-12 academic needs of its students. In the six months ended February 29, 2020, Bright Scholar had an average of 51,879 students enrolled at its schools.

IR Contact:
GCM Strategic Communications
Email: BEDU.IR@gcm.international

Media Contact:
Email: media@brightscholar.com
Phone: +86-757-6683-2507

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Source: Bright Scholar Education Holdings Ltd.

[Review] techENT Plays the Final Fantasy VII Remake

About a month ago, we played a demo of a very iconic game. It was a game that everyone is talking about. It is a game remake that was years in making. It is the Final Fantasy VII remake.  

We argued that that Final Fantasy VII was probably one of the most iconic titles in modern video games. Of course, we still stand by that. Final Fantasy VII is, in my opinion the best Final Fantasy VII that ever existed. The game also set the tone for other Final Fantasy titles that comes after. 

Final Fantasy VII Remake is an attempt to capture the essence that was the original Final Fantasy VII and give it a fresh breath of life. In our opinions, the new Remake title is made for those who have already experienced the original game and loved it. Because of that, we were a little concerned that this would alienate players who did not enjoy the original game, or even had any experience with it. 

In this case, there are two questions we would have to answer for the Final Fantasy VII Remake. The first question might be more straightforward to answer; is it a good Remake that captures the magic and essence that was the original game and made it better? The second question is a little more difficult to answer. Is the game a good game on its own? As in, would any gamer enjoy this game without playing the original game first? 

Game Design 

Final Fantasy is a huge title that spans across decades and even generations. The first Final Fantasy title was introduced in the 1980s. The first few Final Fantasy did not have the polished, ultra-realistic graphics that we have today. They still have strong storytelling elements about them. Still, storytelling is something that can be done across several mediums and as long as there is a good flow, it will work. Up until Final Fantasy X (10) that is.  

This was mostly due to the restrictions of the consoles that came with the titles. But that also became sort of the hallmark of the Final Fantasy franchise for a while though. Final Fantasy X became a sort of marker of what Final Fantasy of the future might sound like. Final Fantasy XIII was the big shift from Final Fantasy’s very iconic turn-based combat to real-time action combat with plenty of flash and movements. That evolved into the Final Fantasy that we know today that is the Final Fantasy XV, a Final Fantasy full of dialogues and plenty of action.  

I personally have plenty of gripes with the new Final Fantasy XV and plenty of its design and mechanics choices. Its combat animation is way to busy and messy for you to understand properly what is happening in battle situations. This same real-time combat mechanic will make it into Final Fantasy VII Remake, and this becomes a concern to us. 

Real-time Combat 

On the latest instalment of Final Fantasy, the fifteenth chapter, the combat mechanics was fluid and much better and intuitive than before. It was a mess though with so many things and so many objects involved within battle situations itself. That took plenty of refinement and enjoyment from the brilliant battles themselves. There is too many things happening that your display is filled with what seems to be explosions and blinding lights.  

That same battle mechanics is going into the Final Fantasy VII Remake. It is a far cry from the original’s classic turn-based RPG battle mechanic. There are some good similarities between what you get from the Final Fantasy VII Remake and Final Fantasy XV though.  

For one, real-time combat now makes plenty of sense with the amount of processing power PlayStation 4 can handle. Going back to a turn-based combat mechanic would be nostalgic, but it would make it feel like we are taking a step backward with the game. Making it real-time, while makes it feel a bit more modern, also means that you are including newer fans to the series.  

We secretly wish that the Remake would have gone back to the simpler, more iconic turn-based combat mechanic though. One thing that is a little bit of a drawback with Final Fantasy VII Remake with new real-time combat mechanics is that you cannot simply do your summons whenever you want. Then again, for bigger boss battles, you can call on to one of your Summons one time in battle and you get very cool animations still. Like Final Fantasy XV, you have limited Summons to collect in the game. Most of them are optional though and you really have to keep a good look around in the game to find them.  

Learning the combat mechanics and using each character’s special abilities in combat is simple enough that it becomes second nature once you get used to it. That is mostly thanks to the very comprehensive tutorial and simplicity of the combat controls. In no time you would be switching between characters in different situations to achieve different things in the same combat at different timings. Oh yes, timing your attacks and defense can be very important in battle situations. You really need to learn to not just mash your controller buttons and refine your battles to use more than just the ‘strike’ button. 

There are differences between this Remake compared to the Final Fantasy XV battle mechanics. That makes this Final Fantasy VII Remake a better game to play in terms of combat too. Less characters are involved in a fight, which means less mess in the discplay. Visibility of the battlefield is much better too.  

Unlike the XV, the VII Remake’s battle happens in mostly restricted environments with clearly defined boundaries and walls within the battlefield. While that may make the battlefield look a little cramped and restricted, never did I feel restricted in the battlefields. In fact, having some sort of boundary within a battlefield helps you navigate and strategise battles better. It helps with some spatial awareness and that also translates to knowing the position of your opponents at different times.  

There is less flash on the battlefield as well, which is always good for visibility on your screen. You see your enemies much better even with the darker tones of colours in Midgar and its underbelly. The dark metallic colours of Midgar may hinder some visibility a little bit, but the great contrasts of colours help with visibility and command of the battlefield very nicely. 

The World of Final Fantasy VII Remake 

The world built for Final Fantasy VII Remake is limited to Midgar so far. Yes, this is not the whole storyline that you see from Final Fantasy VII. Since we cannot actually record the final chapter and sequence of Final Fantasy VII Remake, we will respect Square Enix’s decision and keep that unspoiled for everyone. What we can tell you though is that the Remake’s whole playthrough is just in Midgar. 

If you can remember or look back into the Original Final Fantasy, Midgar seems very industrial, because Midgar is meant to be industrial. That, and because the original Final Fantasy VII had its own design limitations. Still, the city of Midgar became iconic because of the design choices of the metallic city itself plagued with a huge wealth gap between people living on the upper tier of the city and the lower levels of the city. 

Final Fantasy VII Remake made the Midgar that we knew from the original game come alive though. The colour choices were spot on. But best of all with the design of the game was the similarity between textures of the world around the character and the characters in the game themselves. You get the same texture and detail quality from both objects in the world and the characters. You can really immerse in the characters and live in Midgar with Cloud, Tifa, Barret, and members of Avalanche. 

Fixed cameras are also not a thing anymore in Final Fantasy VII Remake, which is a good thing. We can liken that to the likes of the recent remakes of the Resident Evil series. That also means you can really appreciate Midgar and the rest of Final Fantasy VII Remake world from any angle. That freedom of viewing angles also makes it feel like you are seeing and experiencing Midgar for the first time when you play the Remake. There are some quirks and limitations in the game world that makes it very Final Fantasy still though. While it may be a little unintentional to have these limitations, we do like it rather plenty since it really reminds us that we are playing a Final Fantasy game still.  

Midgar is prettier and better looking than I could remember in the Remake though. Every panel and texture look right and purposeful. The lights that are bouncing off the panels also reflect very well like they are ray-traced. There are more colours in Midgar’s slums that I could remember too from the original game. Of course, Seventh Heaven is even more detailed than before and looks even better than before. 

While Final Fantasy VII Remake looks nothing like the original game, it looks just like the original game too. Everything is made to be bigger, more detailed, overall better looking. But it is still rocognisable Midgar and every design is based on the original game. We could even say that the Final Fantasy VII Remake is a completely new game in its own rights just based on the graphical standards. 

Character Building 

If you have played the original Final Fantasy VII before, you can probably guess which characters you will play at the beginning of the Remake. You start with the main protagonist of the game, Cloud Strive; a mercenary that is in the midst of blowing up a powerplant with a group called Avalanche. At least that is where you start, at a powerplant. You get to first meet Barrett, or ‘machine gun hand guy’ about 10 minutes in the game play and that is when you are introduced to the character switching game mechanic. You are introduced to three other NPCs within the first part of the game itself. There three characters are important characters in the game’s lore and story line nevertheless.  

You later get introduced to Tifa Lockheart and Aerith Gainsborough a little later in the game. You meet Aerith much earlier than Tifa though, for a good solid 5 minutes and then you get to have her in your party way later in the game. Those are the only four playable characters in the Remake and you can only have up to three characters in your party at any given moment. Not like you would be making plenty of decisions over which characters you want to include in your current party though, one or more of the characters will not be available in different parts of the game.  

Each of the characters have their own iconic designs that is carried over from the original game though. This being a Final Fantasy game too, you can expect the choice of changing costumes to be non-existent here. That is good too, it allows you to focus on the gameplay and storyline instead of worrying about personalising your character. 

Each character has their own strengths and weaknesses, and each can be used in different situations of a battle situation. Of course, because there is almost no freedom to choose which characters come with you in a party, you have no choice but to play around with buffing your characters with different Materias at different conditions to get the most out of battles and each character. 

The leveling system in this game is a little different compared to the original game though. You can still equip characters with different weapons that you buy or find through your explorations in the game. Each weapons has their own strengths and weaknesses. You can upgrade them when you earn something called SP (Skill Points). You use these SP to upgrade your weapons to fit more Materias, to up your damage points so that your next battle is slightly easier, and what not. We suggest you stick to some of the original weapons that your characters come with. We find that they are the most powerful even after unlocking and obtaining the last of weapons for each character.  

The weapon upgrade screen are done in orbs in what looks like a galaxy. It looks like a galaxy of solar systems. Each planet is an upgrade and each solar system is an upgrade tree that reveals itself with different tiers and levels. 

You also earn AP (Ability Points) after each use of Materias. The AP is what levels up the Materias. If That enables you to use higher forms of the magic if available. For example, the Materia that I use most in the game would be the Healing Materia with the basic spell to be Cure, Cura for the next level, Regen after that, and finally Curaga. Each level heals different HP (Hit Points) for each character. The only Materias that do not actively collect APs are the summon Materias.  

Speaking of Materias, these things are the most important things for you to collect in the game. You can find two Summon Materias in the open world and the rest of the Summons are gained through battles with a special character you meet quite early in the game. Other Materias are for your spells and elemental buffs and additional abilities. 

There is a level cap in the game too. Final Fantasy VII Remake caps your characters at level 50. We assume that this is to ensure that they can build up to the next Final Fantasy VII Remake and make you grind through the game again starting at level 50 (we do not know what they want to call it; Remake II or something). By the end of your first play through though, if you play in normal mode, you should hit level 40 and above. You should hit level 50 in your second play through.

Of course, you would want to play through the second time. You can play it in Hard Mode now only after you finish the game once. In that play through you are facing enemies that are much tougher while reaching and remaining the level cap of the game. It should make for a more challenging play through. There are also some things that you can only get from playing in Hard Mode.  

Very much like the original game, each character is very loveable and relatable. From the very cold emotionless Cloud to the loud mouthed, heart on the sleeve Barrett, the characters all feel more human than before. To be fair, plenty of it has to do with the life like character design and brilliant voice acting. The original game did not have voice actors, and that does take away from the experience a little bit. 

Of Sounds and Music 

If you think about it, audio is a big component in our lives. We are the only creature in the known universe also with the capabilities to create what we call ‘music’. We are very rhythmic creatures in that sense. Which also means audio can determine our comfort levels and even how we react to events. 

An explosion, for example, makes big noises that makes us jump a little and uncomfortable. It triggers our fight or flight response to the world. Soothing music played on the Piano helps us calm down a little. Change that up a little in beat, tempo, and tone, you get a completely different feeling from the sounds you pick up. There is a reason why we feel super uncomfortable watching horror films with good audio design. Pull up the Conjuring and mute all sounds, you will find that it is not as frightening as you thought. 

Final Fantasy understood that from the very beginning. The Final Fantasy franchise also produces one of the most prominent figures in the game music world, Nobuo Uematsu. He is the original music composer for most of the series including Final Fantasy VII.  

In the Remake, every piece that you hear are originally written by the composer, Nobuo Uematsu. That is because they are. They have remastered these too to give them a fresh breath of life for more modern times. They still capture the same essence of the game and still perfectly suit the game.  

The voice actors, in the English version at least (we only reviewed the English version, we do not understand Japanese), are great. You probably would have seen reaction videos by Aerith’s voice actor, Brianna White on YouTube by now. Everything is meticulously thought of and carefully worked on. Everything has to sound right; everyone must sound right. Of course, they have to sound unique and identifiable too; from the gruffness of Barret to the softness of Aerith and boldness of Tifa.  

The care for details gave us that very needed relatability to the characters. We knew these characters in the original game. In fact, we thought that we knew them well enough from spending more than 50 hours in the original game. The voices though, gives us a slightly new perspective and it feels like we are getting to know the characters again. Still, each character’s voice is very much like how I personally imagined them to be. I am guessing that would be the case for a lot of players who have immersed themselves with the old game.  

All About the Story 

When you pick up a Final Fantasy title though, it is not too much about the battles that you would be having. It is not even that much about the gameplay sometimes, or the nonsensical conversations that the characters would have in-game. It is mostly about the story telling.  

Of course, you do not buy a game just for its story-telling aspect. You buy it because you want to play it; to immerse in it. You want to be a part of that story. If not, why not just watch a movie?  

Final Fantasy is one of the first games that puts a lot of emphasis on its story-telling aspect though. It was the daddy of story-telling RPG games. In my opinion, the original Final Fantasy VII told the best story in the Final fantasy franchise.  

Some may not agree on that though. To be fair, it is a matter of personal preference anyway. Still, the original Final Fantasy VII was a story that was both triumphant and heart-breaking. A bittersweet story that captured our hearts and minds. Who knew a video game with limitations in graphical abilities could tell a better story than Michael Bay and a dozen of actual actors in front of a camera? 

If you have played the original Final Fantasy VII then, you know what you are getting yourselves into with the Remake. Technically, there is almost no difference between this game and the original in terms of storyline. The difference is only in the pace, graphics, battle mechanics, and details. In the same amount of time you finish the Remake’s story, you can finish the original game. That is how much more detailed the Remake is when you consider that Final Fantasy VII Remake only covers the first disc of the original three discs required for Final Fantasy VII. Oh yes, if you lose one disc, you cannot continue the game.  

The cutscenes are a little longer than before, everything looks more lifelike and life-sized than before and there are plenty more nooks and crannies to explore within the game. There are new details here and there too that you might not see in the original game. Unlike the original game though, enemies do not come out randomly, since it is a real-time combat situation now. You see your opponents about 10 seconds before you go into the battle most of the time. Unless battles happen after a cutscene.  

While there is not much that has been changed from the original story, besides depth that is. One of them is the death of a certain memorable character from the original game. We are not going to reveal who that is. We can tell you that we have not reached the point where a certain character dies in the original game though. That is as far as we can tell you.  

So, Play or Not? 

If you ask me as a fan of the original Final Fantasy VII, I will say; “yes, please go and treat yourself to the wonderful thing that is the Remake”. It not only brings back memories, but it brought some tears. It brought back plenty of emotions from the first Final Fantasy. Now that we are older too, those emotions come back a little stronger.  

The new Remake of the Final Fantasy VII not only captures the best of the original game. Yes, it took some of that original combat mechanics and quirks, but it is still very much a Final Fantasy game that took the world of video games by storm. It took what the original game was and added some modern magic to it. The steampunk themed game and setting never looked better and more real. It felt better and more fast paced than the original game. At the same time the story has never had more depth. You feel even more connected to the characters. 

Before I forget too, each action you take and choice you make can make a difference in the story-telling aspect. How good you are in the game’s battles can also determine how your story progresses. While they are not major deviations from the game’s actual path, they could be significant in how your story might end if Square Enix decides to finish the game.  

If you ask me as a fan of the series but never enjoyed the greatness that was the Final Fantasy VII, I will still tell you to get the game just for its unique storyline. While all Final Fantasy stories are a little farfetched and borders fantasy and science fiction, Final Fantasy VII’s storyline is one that I find most enjoyable. The story is a mix of despair, triumph, love, and tragedy. There are some very relatable real-world issues that the characters may face too. Things like PTSD (Post-Traumatic Stress Disorder) that you can clearly see in Cloud Strive makes the characters feel plenty more human than a mere video game hero type. The characters deal with poverty and unfavourable living conditions.

If you are completely new to Final Fantasy and have never touched a single Final Fantasy title, this might be the one for you too. Battles are plenty more polished and cleaner than Final Fantasy XV’s. Rather than random mashing of buttons too, there is a little bit of tactics you need to apply within battles.

It is a challenging game, yes. It is very unlike the original game too. Everything feels up to standard compared to modern AAA titles. Everything feels just as polished too. It is, in its own rights, a very good game with a unique and solid storyline, just like any Final Fantasy title should. If you enjoyed the likes of God of War or Horizon Zero Dawn, you would very much like this game. 

Finally, is it worth the MYR 179 asking price? I am inclined to say so. If you could get it on discount, I employ you to do so, and good for you. While some look at it as a refresh of an old game, we respectfully disagree. It is based on an old game, yes. The storyline even mimics the old game. We have to say that it is a completely new game though. It is not just a refresh, really. It is a complete 180° makeover, a completely new game, just with the same stories. Nobody likes a retold story; but this one is special, and the way they retold it is fresh, it is just amazing. 

Yiren Digital to Report First Quarter 2020 Financial Results on June 23, 2020

BEIJING, June 17, 2020 /PRNewswire/ — Yiren Digital Ltd. (NYSE: YRD) (“Yiren Digital” or the “Company”), a leading fintech company in China, announced that it plans to release its unaudited financial results for the quarter ended March 31, 2020 after U.S. market closes on Tuesday, June 23, 2020.

Yiren Digital’s management will host an earnings conference call at 8:00 p.m. U.S. Eastern Time on June 23, 2020 (or 8:00 a.m. Beijing/Hong Kong Time on June 24, 2020).

Participants who wish to join the call should register online in advance of the conference at:

http://apac.directeventreg.com/registration/event/2773237

Please note the Conference ID number of 2773237.

Once registration is completed, participants will receive the dial-in information for the conference call, an event passcode, and a unique registrant ID number. 

Participants joining the conference call should dial-in at least 10 minutes before the scheduled start time.

A replay of the conference call may be accessed by phone at the following numbers until July 1, 2020:

International

+61 2-8199-0299

U.S.

+1 646-254-3697

Replay Access Code:

2773237

Additionally, a live and archived webcast of the conference call will be available at ir.yirendai.com.

About Yiren Digital

Yiren Digital Ltd. (NYSE: YRD) is a leading fintech company in China, providing both credit and wealth management services. For its credit business, the Company provides an effective solution to address largely underserved investor and individual borrower demand in China through online and offline channels to efficiently match borrowers with investors and execute loan transactions. Yiren Digital deploys a proprietary risk management system, which enables the Company to effectively assess the creditworthiness of borrowers, appropriately price the risks associated with borrowers, and offer quality loan investment opportunities to investors. Yiren Digital’s marketplace provides borrowers with quick and convenient access to consumer credit at competitive prices and investors with easy and quick access to an alternative asset class with attractive returns. For its wealth management business, the Company targets China’s mass affluent population and strives to provide customized wealth management services, with a combination of long-term and short-term targets as well as different types of investments, ranging from cash and fixed-income assets, to funds and insurance. For more information, please visit ir.Yirendai.com.

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