Monthly Archives: October 2023

PR Newswire

NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC. TO HOLD ANNUAL GENERAL MEETING ON NOVEMBER 28, 2023

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BEIJING, Oct. 27, 2023 /PRNewswire/ — New Oriental Education & Technology Group Inc. (the “Company” or “New Oriental”) (NYSE: EDU and SEHK: 9901), a provider of private educational services in China, today announced that it will hold an annual general meeting (the “AGM”) of shareholders (the “Notice of AGM”) at No. 6 Hai Dian Zhong Street Haidian District, Beijing, People’s Republic of China on November 28, 2023 at 5:00 p.m., local time. Holders of record of common shares of the Company at the close of business on the October 30, 2023 (Hong Kong time) are entitled to notice of, to attend and vote at, the AGM or any adjournment or postponement thereof. Holders of the Company’s American depositary shares (“ADSs”) as of the close of business on October 30, 2023, New York time who wish to exercise their voting rights for the underlying common shares must act through the depositary of the Company’s ADS program, Deutsche Bank Trust Company Americas.

The board of directors of New Oriental fully supports the Amended M&AA (defined in the Notice of AGM) and recommends that shareholders and holders of ADSs vote in favor of the resolution set out in the Notice of AGM. The Notice of AGM and form of proxy for the AGM are available on the Company’s website at http://investor.neworiental.org.

You may obtain an electronic copy of the Company’s annual report, free of charge, from the Company’s website at http://investor.neworiental.org, the U.S. Securities and Exchange Commission’s website at www.sec.gov or from The Stock Exchange of Hong Kong Limited’s website at www.hkexnews.hk.

About New Oriental

New Oriental is a provider of private educational services in China offering a wide range of educational programs, services and products to a varied student population throughout China. New Oriental’s program, service and product offerings mainly consist of educational services and test preparation courses, private label products and livestreaming e-commerce and other services, and overseas study consulting services. New Oriental is listed on NYSE (NYSE: EDU) and SEHK (9901.SEHK), respectively. New Oriental’s ADSs, each of which represents ten common shares, are listed and traded on the NYSE. The Hong Kong-listed shares are fully fungible with the ADSs listed on NYSE.

For more information about New Oriental, please visit http://www.neworiental.org/english.

Contacts

For investor and media inquiries, please contact:

Ms. Sisi Zhao
New Oriental Education & Technology Group Inc.
Tel: +86-10-6260-5568
Email: zhaosisi@xdf.cn

Ms. Rita Fong
FTI Consulting
Tel: +852 3768 4548
Email: rita.fong@fticonsulting.com

Source: New Oriental Education and Technology Group Inc.

Android, Mobile, News

Samsung Galaxy M14 5G Now Available with Pakej 5G Rahmah

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Samsung is introducing yet another device to its exhaustive lineup of Galaxy devices. The new Galaxy M14 brings most of Samsung’s now signature design and software to a more affordable price point. The new Galaxy M smartphone will be available as part of the government’s Pakej 5G Rahmah initiative to spur the adoption of 5G through the offering of affordable 5G packages complete with 5G-enabled devices.

my feature nbsp 536859367
Source: Samsung

The Samsung Galaxy M14 comes with Samsung’s own Exynos 1330 processor with 128GB of internal storage and 6GB of RAM. You will be able to get an additional 6GB of RAM through RAM expansion on OneUI. The Exynos processor promises to provide enough performance capacity for gaming and even being productive on the go. Samsung also boasts that the Exynos 1330 comes with an improved GPU with 4.7x the performance compared to its predecessor. The 5G-enabled processor also allows access to high-speed mobile internet enabled by 5G technology.

my feature galaxy design thatelevates your look 536859347
Source: Samsung

The M14 comes with a 6.6-inch FHD+ LCD screen with a 90Hz refresh rate. This screen has the Infinity-V design which has its front-facing camera in a V-shaped cutout. It also supports memory expansion with a microSD card slot.

On the camera front, the Galaxy M14 comes with a 50-megapixel main sensor with an f/1.8 aperture. This is complemented with a 2-megapixel macro sensor with an f/2.4 aperture and a 2-megapixel depth sensor with an f/2.4 aperture. On the front is a 13-megapixel camera with an f/2.0 aperture. Samsung hasn’t mentioned if the cameras come with optical to electronic image stabilization. According to GSM Arena, the setup comes with Phase Detection Autofocus (PDAF).

my feature your world capturedin full with multi lens camera 536859339
Source: Samsung

The smartphone comes with a 6,000mAh battery that supports 25W Fast Charging. It also has a side-mounted fingerprint sensor.

Pricing & Availability

Samsung’s Galaxy M14 5G will be available as part of the Pakej 5G Rahmah initiative by the Malaysian Government. As such, it will be part of packages offered by a number of carriers including CelcomDigi, U Mobile and Yes 5G.

Every purchase of the Galaxy M14 5G will be entitled to a complimentary 3-month subscription to Viu. This is redeemable through the Samsung Members app.

TelcoPriceCarrier PackageTerms & Condition/Other Freebies
CelcomFreeXPAX Postpaid 60Must activate 5G Booster; 24-month Contract
DigiFreeDigi Postpaid 60Must activate 5G Booster; 24-month Contract
U MobileMYR119U Postpaid 68MYR10 rebate for 24 months; 24-month Contract
YES 5GMYR240YES Power 35 24-month Contract
Business, Lifestyle, News

Maxis Revamps Home & Business Fibre Offerings with Faster Speeds, More Affordable Prices

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Maxis is stepping up its game in the broadband arena with the introduction of new Maxis Home Fibre and Maxis Business Fibre plans. The new plans offer improved speeds and value to its customers. Home Fibre customers can now enjoy lightning-fast speeds of up to 1 and 2Gbps, while Business Fibre subscribers can revel in speeds of up to 1Gbps.

All new Maxis Home Fibre plans up to 2Gbps

New Maxis Home Fibre customers are in for a treat with promotional pricing during the first 24 months. This deal includes a cutting-edge WiFi 6-certified router, professional installation, and the convenience of Home Zerolution for seamless home device ownership. The Maxis Home Fibre 1Gbps plan also comes bundled with a complimentary Max WiFi subscription, ensuring wall-to-wall WiFi coverage throughout your home.

That’s not all – Maxis Home Fibre now boasts a brand-new 2 Gbps plan with true 2 Gbps speeds, ensuring that all your devices remain connected on this high-bandwidth network. This plan is the first 2Gbps plan in Malaysia to be complemented with a WiFi 6E router.

For businesses, Maxis Business Fibre is now available across the nation at speeds of up to 1Gbps. New Maxis Business Fibre customers will also get to enjoy promotional pricing for the initial 24 months.

What sets Maxis Business Fibre apart is its invaluable 4G wireless backup, ensuring uninterrupted connectivity for businesses. The plans include a free next-generation WiFi 6-certified router and a voice line with unlimited domestic calls. Moreover, subscribers to plans with speeds of 300Mbps and above will receive a free Wi-Fi mesh system, guaranteeing broader coverage within business premises.

The details of the plans are as follows:

Maxis Home Fibre:

Rate PlanNew Price / Month (RM)Promotional Monthly Rate & Offers (RM)*
2Gbps (NEW)319N/A
1Gbps (NEW)249Free Max WiFi subscription
500Mbps159149
300Mbps139129
100Mbps9989

*Promotional pricing offered to new subscribers, applicable to the first 24 months

Maxis Business Fibre:

Rate PlanNew Price / Month (RM)Promotional Monthly Rate & Offers (RM)**
1Gbps (NEW)299N/A
500Mbps219199
300Mbps179139
100Mbps11999

**Promotional pricing offered to new subscribers until 30 November 2023, applicable to the first 24 months of contract

PR Newswire

Montage Technology Leads in Trial Production of 3rd-Gen DDR5 RCDs

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SHANGHAI, Oct. 27, 2023 /PRNewswire/ — Montage Technology, a leading data processing and interconnect IC company, today announced it has taken the lead in trial production of the 3rd-generation DDR5 Registering Clock Driver (RCD03) designed for use in DDR5 RDIMMs.

Montage Technology's 3rd-Gen DDR5 Registering Clock Driver (RCD03)
Montage Technology’s 3rd-Gen DDR5 Registering Clock Driver (RCD03)

With its blazingly fast 6400 MT/s data rate, the RCD03 sets a new bar for DDR5 memory performance in upcoming server platforms. It unlocks dramatic capacity, bandwidth, and latency improvements to meet the growing demands of data center, cloud, and AI applications.

The RCD03 marks a major advancement in Montage’s continued role as an innovator driving rapid DDR5 developments. This chip achieves a 14.3% speed increase over the 2nd-gen DDR5 RCD and a 33.3% increase over the 1st–-gen, making it one of the fastest DDR5 memory interface solutions available today.

Leveraging enhancements like a dual-channel architecture and lower power supplies (1.1V VDD and 1.0V VDDIO), the RCD03 significantly improves the latency while reducing the power consumption as compared to DDR4 RCDs. Another key benefit is its support for up to 256 GB DRAM per module, quadrupling the capacity of modules in DDR4 generation.

“We are proud to spearhead the production of DDR5 RCD03 and deliver cutting-edge RCD technology to the market. Montage will continue to work closely with major CPU and DRAM manufacturers to propel DDR5 technology towards widespread application,” said Stephen Tai, President at Montage Technology.

“Intel has been at the forefront of driving DDR5 memory technology and enabling a strong ecosystem, in support of reliable and scalable industry standards. We are pleased to see Montage make further progress with the latest-generation memory interface chips, which can be used with Intel’s future Performance-core and Efficient-core Xeon® CPUs, to push the boundaries of performance to new heights,” said Dr. Dimitrios Ziakas, VP of Memory & IO Technologies at Intel.

“Samsung has been committed to enabling advanced memory products to meet the rapidly growing demands for data-intensive applications. Our collaborative engineering work with Montage has contributed to ongoing DDR5 roadmap advancement. As Montage scales production on this 3rd-gen DDR5 solution, we hope to see expanded ecosystem availability,” said Yongcheol Bae, Executive Vice President of Memory Product Planning Team at Samsung Electronics.

In addition to its RCD portfolio, Montage provides a comprehensive lineup of DDR5 infrastructure solutions including SPD EEPROM with Hubs, Temperature Sensors, and Power Management ICs, which are essential in complete DDR5 module designs optimized for performance, reliability and power efficiency.

Availability

Montage’s 1st, 2nd and 3rd-gen DDR5 Registering Clock Drivers are available for sale. The part numbers are M88DR5RCD01, M88DR5RCD02 and M88DR5RCD03 respectively. For more details, please contact Montage’s sales team at globalsales@montage-tech.com or dial +86 21 54679038.

To learn more about Montage’s memory interface products, please click https://www.montage-tech.com/Memory_Interface.

PR Newswire

Masdar signs 1GW Clean Energy Agreement in Azerbaijan following Presidential Inauguration of Garadagh Solar Park, Largest in the Region

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– Masdar signs three investment agreements for two solar projects and one onshore wind project with combined capacity of 1GW, supporting Azerbaijan’s 2030 clean energy ambitions

– Garadagh inauguration attended by HE Ilham Aliyev, President of the Republic of Azerbaijan and HE Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, COP28 President-Designate, and Chairman of Masdar

– HE Dr Sultan Ahmed Al Jaber calls on all nations to follow Azerbaijan in setting clear energy transition plans to deliver a COP of action, a COP of solidarity, a COP for all

– Garadagh is Masdar’s first renewable energy project in Azerbaijan as the company expands its footprint across Caucasus and Central Asia

BAKU, Azerbaijan, Oct. 26, 2023 /PRNewswire/ — Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed agreements for solar and onshore wind projects with a total capacity of 1 gigawatt (GW) in Azerbaijan, following the inauguration of the region’s largest operational solar plant, the 230MW Garadagh Solar Park.

HE Ilham Aliyev, President of the Republic of Azerbaijan and senior UAE delegation inaugurate the 230MW Garadagh Solar Park, region’s largest operational solar plant
HE Ilham Aliyev, President of the Republic of Azerbaijan and senior UAE delegation inaugurate the 230MW Garadagh Solar Park, region’s largest operational solar plant

The strategic agreements cover the progression of the first phase of a 10GW pipeline of renewable energy projects in Azerbaijan signed in June 2022. This follows the successful development of Garadagh, Azerbaijan’s first foreign investment-based independent solar power project, and the largest solar plant in the region.

The inauguration of Garadagh was overseen by HE Ilham Aliyev, President of the Republic of Azerbaijan and HE Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, COP28 President-Designate, and Chairman of Masdar.

The 1GW clean energy agreements were signed by Masdar Chief Executive Officer, Mohamed Jameel Al Ramahi, Azerbaijan Minister of Energy, HE Parviz Shahbazov and Azerbaijan Minister of the Economy, HE Mikayil Jabbarov.

Also in attendance at the inauguration were HE Suhail Al Mazrouei, UAE Minister of Energy; HE Mohamed Hassan Alsuwaidi, UAE Minister of Investment and Deputy Chairman of Masdar; HE Ahmed Ali Al Sayegh, Minister of State; HE Mohammed Murad Al Blooshi, UAE Ambassador to Azerbaijan, and HE Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development, and HE Elchin Bagirov, Ambassador Extraordinary and Plenipotentiary of Azerbaijan to the UAE attended.

HE Dr Sultan Al Jaber, COP28 President-Designate and Chairman of Masdar, said: “Garadagh is a testament to our shared commitment to diversifying the global energy mix. Azerbaijan’s ambition to develop low and zero-carbon solutions through renewable energy, is exactly what the world needs at this time.

“The UAE is proud to support Azerbaijan’s clean energy goals, to generate more than 30 percent of its overall energy capacity from renewables by 2030. We need all nations of the world to set out clear energy transition plans with clear targets for renewable energy capacity. As the UAE prepares to host COP28 in November, our North Star for climate action must be to keep the ambition of limiting global temperatures to 1.5C within reach.”

Speaking at the inauguration event, Dr Sultan Al Jaber also commended His Excellency President Ilham Aliyev and the nation of Azerbaijan for its commitment to a defined, strategic plan of action to develop new industries, new jobs and green economic growth. 

In his speech HE Dr Sultan said:

  • With just 34 days to COP28, Garadagh illustrates the practical action needed to turn the goals of the Paris Agreement into tangible reality.
  • Paris unified the world around a common goal, but since then, we have not seen enough action to close a massive emissions gap.
  • While investment in renewable energy continues to grow, with a record 500GW added globally this year, the world must triple renewable energy capacity by 2030 to keep 1.5 within reach.
  • It is critical to bring everybody to the table to be part of the solution. This is the spirit of inclusivity needed at COP28, bringing the world together to focus on solutions and results.

HE Parviz Shahbazov, Azerbaijan Minister of Energy, commented: “Today is marked by the achievements of the state policy of the President of Azerbaijan, which prioritizes the development of renewable energy. The commissioning of the largest solar power plant based on the first foreign investment in our energy history, as well as the signing of investment agreements for the implementation of solar and wind energy projects with a capacity of 1000 MW, show that our country’s green energy and green investment plans are successfully becoming a reality. Azerbaijan is pleased to realize its strategic goals as a green energy producing and exporting country with Masdar and these projects will play an important role in increasing the share of renewable energy sources in electricity generation capacity to 30 percent by 2030.”

The Garadagh plant which represents Masdar’s first project in the country, will generate half a billion kilowatt-hours of electricity each year, enough to power more than 110,000 homes, reducing carbon emissions by over 200,000 tonnes a year. The project is co-financed by Abu Dhabi Fund for Development, the Asian Development Bank, the European Bank for Reconstruction and Development and Japan International Cooperation Agency.

Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, said: “The inauguration of Garadagh, the largest operational plant in the region, is a milestone achievement. Azerbaijan is a key strategic partner for Masdar and the signing of these additional agreements today pave the way to accelerate the scale of Azerbaijan’s clean energy vision. Garadagh is the first in a number of potential projects to develop onshore wind, offshore wind, solar and green hydrogen with a total combined capacity of 10GW. This will lead to greater investment and international collaboration as we work together to help Azerbaijan achieve its ambitious climate goals.”

As the UAE’s clean energy powerhouse and one of the leading clean energy companies in the world, Masdar is accelerating the development and deployment of renewable energy and green hydrogen technologies to address global sustainability challenges.

Established in 2006, Masdar is active in more than 40 countries with a total electricity generation capacity of more than 20GW. It has invested, or committed to invest, in worldwide projects with a combined value of more than US$30 billion with ambitious growth plans to reach 100GW and 1 million tonnes of green hydrogen by 2030.

About Masdar

Abu Dhabi Future Energy Company (Masdar) is the UAE’s clean energy champion and one of the largest companies of its kind in the world, advancing the development and deployment of renewable energy and green hydrogen technologies to address global sustainability challenges. Established in 2006, Masdar is today active in over 40 countries, helping them to achieve their clean energy objectives and advance sustainable development. Masdar is jointly owned by Abu Dhabi National Oil Company (ADNOC), Mubadala Investment Company (Mubadala), and Abu Dhabi National Energy Company (TAQA), and under this ownership the company is targeting a renewable energy portfolio capacity of at least 100 gigawatts (GW) by 2030 and an annual green hydrogen production capacity of up to 1 million tonnes by the same year.

For more information, please visit: http://www.masdar.ae and connect: facebook.com/masdar.ae and twitter.com/masdar.

HE Ilham Aliyev, President of the Republic of Azerbaijan, HE Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, COP28 President-Designate, and Chairman of Masdar, along with senior UAE delegation, inaugurate the 230MW Garadagh Solar Park in Azerbaijan
HE Ilham Aliyev, President of the Republic of Azerbaijan, HE Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, COP28 President-Designate, and Chairman of Masdar, along with senior UAE delegation, inaugurate the 230MW Garadagh Solar Park in Azerbaijan
Business, Lifestyle, News

Maybank Enhances Secure2u Verification Process for Increased Security

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Maybank is ramping up its security measures to protect customers from unauthorized transactions and financial scams. The bank has introduced an additional verification process for its Secure2u authentication method used for online banking transactions on the MAE app and Maybank2u web.

Starting October 31, 2023, first-time Secure2u users or those accessing it from a new device can securely activate it at any Maybank ATM across Malaysia. This new measure complements the five anti-scam measures introduced by the bank in July 2023.

Dato’ John Chong, Group CEO of Community Financial Services at Maybank, explained the significance of this initiative. He stated that allowing customers to self-activate Secure2u via an ATM enables them to physically verify their identity, giving them greater control over their online banking authorization process. This not only safeguards their accounts but also their finances from potential scammers.

The activation process is simple. Customers need to follow two steps:

  1. Register for Secure2u on the MAE app, and
  2. Activate Secure2u using their debit, credit, or charge card PIN number at any of Maybank’s 3,000 ATMs nationwide.

Once activated via ATM, customers can begin approving transactions after a 12-hour wait period. The bank may adjust this cooling-off period based on scam trends and transaction patterns. This step ensures that customers have sole approval authority over their Secure2u registration, adding an extra layer of security.

s2u ATM ENG

Maybank’s extensive network of ATMs ensures easy access for customers. These ATMs operate from 6:00 AM to 12:00 AM daily and are strategically located in branches, service centres, shopping malls, petrol stations, train stations, hospitals, and more.

For a step-by-step guide on Secure2u activation and more information, visit maybank.my/secure2u.

Business, News

Curlec by RazorPay Joins PayNet to Advance Real-Time Payments in Malaysia

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Curlec, a full-stack payments solution provider under Razorpay, has become a member of Payments Network Malaysia Sdn Bhd (PayNet). This a significant move set to promote real-time payment adoption across Malaysia. Being the first new PayNet member since 2019, Curlec’s inclusion empowers them to drive wider adoption of real-time payment processing which aligns with Bank Negara Malaysia’s (BNM) vision for a cashless society.

Curlec 01
From left: Zac Liew, Co-Founder & Chief Executive Officer, Curlec; Gary Yeoh, Chief Commercial Officer, PayNet; Rahul Kothari, Chief Business Officer, Razorpay

With this membership, Curlec will adopt PayNet’s DuitNow product suite This will allow its customers to conduct real-time payments from bank accounts and e-wallets. This will bolster the services it offers its merchants including renowned brands such as Tune Protect, CTOS, Mary Kay, and The National Kidney Foundation.

Curlec brings valuable insights and expertise from the Razorpay Group, which pioneered India’s Unified Payment Interface (UPI). UPI is the world’s largest digital payments market having processed 74 billion transactions in 2022 alone. The success of UPI in India, growing at an average of 380% since its launch in 2016, positions Curlec to drive the adoption of DuitNow payments in Malaysia effectively.

Zac Liew, Co-Founder & CEO of Curlec by Razorpay, emphasized the momentum they are building with their “Payments Uncompromised” approach. Curlec’s Payment Gateway has rapidly gained traction, processing over RM2 billion annually and serving more than 1,000 merchants. This paves the way for Curlec to innovate the digital payment landscape in Malaysia and scale DuitNow payments to the next level.

image 2
Source: Curlec by RazorPay

Liew outlined the broader vision, stating, “The target growth of Malaysia’s digital payments sets the path for The Curlec Payment Gateway’s target to serve more than 5,000 businesses with RM10 billion annualized gross transaction value (GTV) by 2025.”

Rahul Kothari, Chief Business Officer at Razorpay, expressed enthusiasm for their substantial investment in Malaysia’s domestic payment ecosystem. He sees parallels between the Malaysian and Indian payments markets, making Malaysia a key strategic market for them. Kothari believes they can play a pivotal role in promoting DuitNow adoption, similar to their role in scaling UPI in India.

Lifestyle, News

Grab Brings Even More Ways to Save & Spend Responsibly

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Grab isn’t the first name you would think of when it comes to spending responsibly and saving money. In fact, if you were to speak to most people, they would say that everything from Grab is pricey and expensive. Further, with economic uncertainty and a looming recession hanging over consumer’s heads, many are looking to tighten their belts. Grab wants to be part of the solution and help consumers save more while spending more responsibly with a bevvy of new features that allow you to be more mindful when you use the Grab super app.

Cheaper Delivery with Saver & Group Orders

One of the main pain points for users is the delivery fees which can sometimes be a little steep. Grab is remedying this with two new features that should be rolled out by the time you read this article.

The first is the option to save on your delivery charges by selecting the “Saver” option. This option will give you a lower fare depending on the time it can be between MYR1-2 cheaper than the usual “Standard” option. It will be available 24/7 from all merchants moving forward. The prices under the “saver” option will be the lowest delivery fee on the platform. In fact, Grab boasts that this feature alone has helped its users save over MYR27 million between January and August 2023.

Saver delivery Grab App
Source: Grab Malaysia

If you want to save even more, you can even plan ahead with “Order later” which will allow you to plan to get your meals delivered when the delivery charges are lowest. This will also help you be more mindful of your meal times and eat a little healthier as you plan ahead for your meals instead of ordering on a whim.

Delivery costs will also be minimised with new improvements coming to the Group order function in the Grab super app. You may have noticed the enhancements coming in one by one over the past few months. Grab is revamping the Group Order function to make it simpler and easier to manage. Joining group orders will not only be available through shared links but will also be available through QR codes. This will simplify joining. You will also be able to set deadlines and not have to wait or call to make sure everyone has placed their orders.

Group Order GrabFood
Source: Grab Malaysia

However, if, like me, your family uses GrabFood on the regular, you won’t need to bug the poor person who initiated the group order for updates anymore. Instead, you will be able to track the order together. This includes the new tracking notification that you get on regular orders from GrabFood. In the near future, you will be able to use “Smart Bill Calculation” to go Dutch on GrabFood. The feature will calculate each participant’s orders and divide the total bill accordingly. So, if you’re ordering with your friends or – just maybe – your neighbour, you’ll be able to share the cost of delivery too.

Dine-In to Save

GrabFood Dine in Dine in Voucher
Source: Grab Malaysia

GrabFood is also being expanded to include dine-in orders. The new Dine-In feature on the Grab super app will allow you to easily discover nearby deals, read restaurant reviews and even get dine-in vouchers with a few simple taps. Don’t feel like driving? Well, you can get a ride too. This feature will allow you to get discounts by ordering at partner restaurants with the Grab app. When you do this, you’ll be able to use vouchers from your GrabUnlimited subscription or even purchase cash vouchers at a discounted price from the app. Of course, it goes without saying that you’ll need to use GrabPay to complete the transaction.

GrabUnlimited Subscription Plans
Source: Grab Malaysia

Speaking of GrabUnimited, Grab will be rolling out bulk subscription options in December 2023. You will be able to unlock more savings by subscribing for a longer period of time. Currently, users who subscribe to GrabUnlimited pay MYR4.90 a month for the subscription. However, with the new long-term subscriptions, users will be paying MYR4.50 a month for a 6-month subscription or MYR3.99 for a 12-month subscription.

Stamp cards Grab App
Source: Grab Malaysia

In addition to the cheaper options for GrabUnlimited, Grab is also piloting Stamp cards starting in November 2023 at select retailers in Klang Valley. This pilot will allow merchants to foster brand loyalty by offering digital stamps for every visit/purchase. Once your card is completed, you will get some perks depending on the restaurant and outlet. This could be as simple as a free drink or as complex as a steep discount on things. This feature should be making its way to you through an update sometime in November 2023.

SavewithGrab a commitment towards affordability
Source: Grab Malaysia

These features will make their debut soon as part of Grab’s #SaveWithGrab campaign. During this campaign, Grab wants to reiterate the brand’s commitment to remain affordable and alleviate concerns about the rising cost of living in Malaysia. Hassan Alsagoff, Head of Marketing at Grab Malaysia, emphasizes that these features not only help consumers spend more wisely while saving but also help them create more job opportunities for their merchant- and delivery partners.

PR Newswire

Qorvo® QSPICE™ Revolutionizes Circuit Simulation for Power and Analog Designers

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GREENSBORO, NC, Oct. 25, 2023 /PRNewswire/ — Qorvo® (Nasdaq: QRVO), a leading global provider of connectivity and power solutions, recently announced the release of QSPICE™, a new generation of circuit simulation software that provides power and analog designers significantly higher levels of design productivity through improved simulation speed, functionality and reliability.

In addition to advancing the state of the art in analog simulation technology, QSPICE allows designers to simulate complex digital circuits and algorithms. Its unique combination of modern schematic capture and fast mixed-mode simulation make it the ideal tool to solve the increasingly complex hardware and software challenges faced by today’s system designers.


“QSPICE enables an entirely new generation of mixed-mode circuit simulation,” said Jeff Strang, general manager for Qorvo’s Power Management business. “In the past, power designers relied on analog circuits and silicon power switches. Today, digital control and compound semiconductors are common elements of advanced power designs. Whether an engineer is developing AI algorithms for EV battery charging, optimizing a Qorvo pulsed-radar power supply or evaluating the newest silicon carbide FETs, QSPICE is the perfect platform for innovation.”

Qorvo’s QSPICE is available free of charge and offers numerous enhancements over legacy analog modeling tools. These improvements include:

  • Complete support for advanced analog and digital system simulations, such as those used in AI and machine-learning applications.
  • An upgraded simulation engine that uses advanced numerical methods and is optimized for modern computing hardware, including a GPU-rendered user interface and SSD-aware memory management, to provide dramatically higher speed and accuracy.
  • Reduced overall runtimes and a 100% completion rate, based on Qorvo benchmark tests with a suite of challenging test circuits. This compares to a failure rate of up to 15% with these same test circuits using other popular SPICE simulators.
  • Availability of a regularly updated QSPICE model library featuring Qorvo’s silicon carbide and advanced power management solutions, making it easy for customers to evaluate and design with Qorvo power.

QSPICE is available now at www.qspice.com and is actively supported by Qorvo as well as a robust user community through Qorvo’s QSPICE forum at forum.qorvo.com.

About Qorvo
Qorvo (Nasdaq: QRVO) supplies innovative semiconductor solutions that make a better world possible. We combine product and technology leadership, systems-level expertise and global manufacturing scale to quickly solve our customers’ most complex technical challenges. Qorvo serves diverse high-growth segments of large global markets, including consumer electronics, smart home/IoT, automotive, EVs, battery-powered appliances, network infrastructure, healthcare and aerospace/defense. Visit www.qorvo.com to learn how our diverse and innovative team is helping connect, protect and power our planet.

Click here to read Qorvo’s forward-looking statements：https://www.qorvo.com/newsroom/news/2023/qorvo-qspice-revolutionizes-circuit-simulation-for-power-and-analog-designers

PR Newswire

Appian Launches Connected Underwriting for Life Insurance in Partnership with Swiss Re

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New workbench enables holistic underwriting automation and workload management to improve operational efficiency and underwriter experience.

MCLEAN, Va., Oct. 26, 2023 /PRNewswire/ — Appian (Nasdaq: APPN) today announced the availability of the Connected Underwriting Life Workbench to help insurers unify workflows and data in an automated, end-to-end process. The solution makes underwriters’ lives easier by giving them a single interface to evaluate and classify risk, handle exceptions, and make case decisions.

Appian announces the availability of the Connected Underwriting Life Workbench to help insurers unify workflows and data in an automated, end-to-end process.
Appian announces the availability of the Connected Underwriting Life Workbench to help insurers unify workflows and data in an automated, end-to-end process.

The Connected Underwriting Life Workbench is a streamlined underwriting solution that is prebuilt on the Appian Platform. It is designed to drive speed to market with reduced IT effort for implementation. Its data fabric capabilities enable quick data and integration connectivity, coupled with AI-led automation that supports change management and optimized processes. Appian’s AI architecture, which includes generative AI capabilities, allows insurers to process content at scale and automate repetitive tasks, such as classifying emails and extracting data from documents. This allows Appian customers to facilitate faster benefit realization and enhance their competitiveness with a better underwriting experience. Life Workbench improves the quality, consistency and procedural adherence of cases. Additionally, the system allows 24/7 real-time monitoring and data extraction from various sources, seamless integration with third-party tools, and augmented decision-making with a complete audit trail.

Life Workbench offers a prebuilt integration with Swiss Re’s Magnum Pure, an influential automated underwriting solution powered by Swiss Re’s Life Guide. This integration empowers underwriters to overcome the complexities of multiple systems used to underwrite a case by bringing together all the relevant data, images, and human system interactions. Underwriters can better evaluate and classify risk, handle exceptions, and make critical case decisions rather than focusing on the procedural and administrative steps, transactions, and keystrokes. This partnership combines Appian’s expertise in AI, automation, data fabric, and case management with Swiss Re’s industry-leading automated underwriting engine, Magnum Pure, to simplify the underwriting process. The Swiss Re Magnum Pure solution must be purchased separately from the Appian Platform to enable the integration.

Key Benefits of Appian Connected Underwriting Life Workbench include:

  • Easier, more complete access to data. With Appian and Swiss Re’s Magnum Pure, underwriters have access to a best-in-class underwriting experience that provides a comprehensive, single-pane-of-glass view by surfacing relevant data from dispersed systems.
  • More efficient exception handling. Case management capabilities allow underwriters to spend less time collecting information and reduce the time it takes to handle exceptions, minimizing and in some cases eliminating manual processes and paperwork.
  • Process monitoring and optimization. Dashboards and KPIs help individuals, teams, and managers monitor underwriting processes and provide valuable insights about performance that can be used to optimize and improve case workflow, including initial review, case priority, and logic-based auto-assignment.

“Today’s customers demand seamless digital experiences, and insurers can’t afford to be held back by sluggish underwriting processes and data silos. Appian Connected Underwriting Life Workbench is a game-changer. It combines automation, data fabric, and plug-and-play integrations to accelerate underwriting, helping insurers avoid unprofitable risks and ensuring a superior experience for both customers and underwriters,” said Jacob Sloan, Industry Vice President, Global Insurance, Appian.

“This offering is powered by Magnum, Swiss Re’s automated underwriting solution and allows business users to render point of sale underwriting decisions faster and more seamlessly, ultimately improving the experience for the end consumer. We are delighted to utilize our product innovation expertise to help bring this offering to market,” said Jason Render, Head Magnum Americas, Life & Health Solutions, Swiss Re.

The Appian Platform modernizes underwriting with generative AI to minimize risk, increase efficiency, improve auditability, and ensure a positive customer experience. Key architectural components make it easy to leverage AI, including Appian’s data fabric architecture, Automated APS draft, Open AI natural language correspondence through AI Copilot, and private AI strategy for faster delivery of powerful and secure end-to-end process automation solutions.

Appian is trusted by leading insurance organizations such as Aon, Aviva, and Pacific Life to connect and automate data, equipping insurers to make informed, data-backed decisions. To learn more, visit https://appian.com/insurance.

About Appian

Appian is a software company that automates business processes. The Appian AI Process Platform includes everything you need to design, automate, and optimize even the most complex processes, from start to finish. The world’s most innovative organizations trust Appian to improve their workflows, unify data, and optimize operations—resulting in better growth and superior customer experiences. For more information, visit appian.com. [Nasdaq: APPN]

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About Swiss Re

The Swiss Re Group is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. It anticipates and manages risk – from natural catastrophes to climate change, from ageing populations to cyber crime. The aim of the Swiss Re Group is to enable society to thrive and progress, creating new opportunities and solutions for its clients. Headquartered in Zurich, Switzerland, where it was founded in 1863, the Swiss Re Group operates through a network of around 80 offices globally.

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