BANGKOK, THAILAND – Media OutReach Newswire – 10 December 2024 – Jeffrey C. Lim, President of SM Prime Holdings, Inc., has been instrumental in transforming SM Prime into a leading property conglomerate, a journey now recognized with the Eminent Leaders in Asia Award at the Asia Corporate Excellence & Sustainability (ACES) 2024 Awards.

As a founding member, Lim has been with the company through significant milestones, including consolidating SM Group’s property units in 2013 to establish SM Prime as the Philippines’ largest property conglomerate. Since his promotion to President in 2016, he has driven an expansive, sustainability-focused strategy that has fueled the company’s growth and solidified its commitment to responsible development.

Founded in 1994, SM Prime has evolved from a mall developer into an integrated property developer, recognized for its transformative approach to sustainable urban development across Southeast Asia. This evolution from a focused mall owner to a diversified real estate leader reflects the company’s proactive response to changing market dynamics and its dedication to long-term, responsible growth.

Today, SM Prime boasts a comprehensive portfolio encompassing malls, residential properties, office spaces, hotels and convention centers. Notably, in 2017, it became the first company on the Philippine Stock Exchange to surpass the one trillion peso market capitalization threshold, setting a new benchmark in the country’s corporate landscape.

Under Lim’s management, SM Prime has become a vital contributor to economic growth in the Philippines. Its extensive mall network, which began with just four malls in 1994 and has now expanded to 87 in the Philippines and eight in China, supports over 22,000 local businesses and covers over 11 million square meters of gross floor area. Through SM Development Corporation (SMDC), the company has also developed over 184,000 residential units, addressing critical housing needs while supporting local economic development.

SM Prime has also made significant strides in the hospitality sector with 10 hotels, six convention centers and two trade halls, further stimulating tourism and creating local employment opportunities. Its developments are designed to be economically inclusive and supportive of small businesses, generating a lasting positive impact on the communities they serve.

Sustainability is deeply ingrained in SM Prime’s corporate philosophy. The company has set an ambitious target of achieving net-zero greenhouse gas emissions by 2040, aligning with global standards and partnering with WWF-Philippines to advance renewable energy adoption, energy efficiency, and sustainable construction practices. Water stewardship is another key element of SM Prime’s sustainability initiatives, with the company recycling over 4.4 million cubic meters of water in 2023.

Furthermore, a comprehensive waste management program underscores SM Prime’s dedication to environmental responsibility. In partnership with Japan-based GUUN Co. Ltd, SM Prime is developing infrastructure to enhance waste management and resource recovery, aiming to reduce landfill waste. In 2023 alone, SM Prime managed 165.7 million tonnes of waste, with significant portions recycled, reused, or composted, reflecting a commitment to a circular economy and a waste-free future.

Lim’s leadership style is characterized by a focus on collective success and employee empowerment. “Our success at SM Prime is a testament to the dedication and hard work of our entire team,” Lim shared. “This recognition from the ACES Awards reaffirms our commitment to creating spaces where people and communities can thrive.”

Lim believes that true leadership involves fostering collaboration and aligning the company’s vision with a broader purpose. His focus on well-being and inclusivity in the workplace has cultivated a culture that values each employee’s contribution and encourages growth. This has positioned SM Prime as a company where people feel empowered and motivated.

The ACES Awards, organised by MORS Group, aims to highlight industry leaders who have made significant contributions to sustainable development and business excellence across Asia. Shanggari B, President of the ACES Awards, praised SM Prime and its leadership, stating, “Jeffrey Lim’s leadership is a testament to what can be achieved through dedication and integrity.”

As SM Prime embarks on its next phase of growth, the company remains focused on bringing world-class, sustainable developments to the Philippines, inspired by its commitment to community impact and environmental stewardship. The ACES Eminent Leaders in Asia Award is a significant milestone, reinforcing SM Prime’s role as a leader in shaping the future of real estate and urban development across the region.

Hashtag: #ACESAwards2024 #SMPrime #EminentLeadersinAsia #RegionalRecognition #leadershipexcellence

https://www.smprime.com

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About SM Prime

SM Prime Holdings, Inc. is one of the biggest integrated property developers in Southeast Asia and the largest in the Philippines. Known for its commitment to sustainable urban development and positive community impact, it has a diverse portfolio that includes malls, residential properties, and commercial spaces. This has made it a key player in driving economic growth and enhancing the quality of life across the Philippines

KUALA LUMPUR, MALAYSIA – Pinion Newswire – 9 December 2024 – In 2024, OctaTrader has emerged as a popular trading platform, demonstrating a six-fold year-on-year growth in its user base since its launch in late 2022. Recognized for its seamless and user-friendly experience, OctaTrader now introduces “Space,” a sophisticated analytics hub integrated into its platform, catering to traders worldwide.

Introducing Space: Elevating Decision-Making for Traders

Launched in Q3 2024, Space represents a significant step in financial analytics, combining machine learning algorithms with expert insights to provide predictive analytics and curated trading strategies. Embedded within OctaTrader, Space allows users to access data-driven predictions and integrate them directly into their trading charts in just a few clicks.

This advanced toolkit simplifies decision-making, offering:

• Predictive analytics powered by historical data.
• Expert recommendations.
• Comprehensive educational resources covering technical analysis and financial market fundamentals.

Space ensures that traders, irrespective of experience level, can approach the markets with confidence, reducing the cognitive challenges associated with trading decisions.

OctaTrader’s Holistic Ecosystem

OctaTrader’s ecosystem revolves around four pillars:

• Payments and Transactions: Streamlined and secure for user convenience.
• Trading Platform: Accessible across devices for seamless workflows.
• Space: The newly integrated analytics hub.
• Special Offers: Exclusive features designed to enhance trading experiences.

By consolidating these features into one platform, OctaTrader creates an efficient, secure, and dynamic trading environment.

Driving Innovation Through Client-Centric Development

OctaTrader remains committed to evolving alongside its users’ needs. Continuous research and client feedback drive incremental improvements, making the platform a reliable and innovative choice for traders globally.
Hashtag: #Octa

The issuer is solely responsible for the content of this announcement.

About Octa

Established in 2011, Octa is an international broker offering commission-free access to global financial markets. With over 52 million trading accounts and clients in 180 countries, Octa provides educational resources and analytical tools to support investment goals.

In recognition of its excellence, Octa received the “Best Trading Platform Malaysia 2024” and the “Most Reliable Broker Asia 2023” awards. Beyond its core services, the company is actively involved in humanitarian initiatives, including educational and community support projects.

AI Lab opened synchronously to drive Hong Kong forward a new milestone of “AI Plus”

HONG KONG SAR – Media OutReach Newswire – 9 December 2024 – Cyberport’s Artificial Intelligence Supercomputing Centre (AISC), first of this kind currently in Hong Kong, officially commences operations, and the AI Lab is also open concurrently. The opening ceremony of the AISC and AI Lab was held today at AI Lab and Prof Sun Dong, Secretary for Innovation, Technology and Industry; Ir Tony Wong, Commissioner for Digital Policy; Hendrick Sin, Chairman of the Committee of the Artificial Intelligence Subsidy Scheme (AISS); Simon Chan, Chairman of Cyberport; and Dr Rocky Cheng, CEO of Cyberport officiated at the ceremony. Committee members of the AISS, artificial intelligence (AI) ecosystem partners of Cyberport, and representatives of AI-related enterprises also attended the ceremony to witness the crucial moment of promoting local AI development to a new milestone.

Prof Sun Dong, Secretary for Innovation, Technology and Industry said, “Artificial intelligence (AI) is the most critical technology for ‘new quality productive forces’ in the future. The Government has introduced a number of policies and measures to improve the development of the local AI ecosystem orderly and promote the ‘digital-intelligent’ application of AI. The official establishment of Cyberport’s Artificial Intelligence Supercomputing Centre today will become an indispensable and important pillar of the development of AI in Hong Kong. The supercomputing centre will not only provide advanced computing capabilities to promote industry development, but also become a cradle for converging and cultivating AI-related quality professionals. The supercomputing centre will bring together talents specialising in computing power, data and algorithm technology, coupling it with Cyberport’s AI Lab, Cyberport will provide an innovative platform for AI ecosystem partners and enterprises to connect with relevant application scenarios, explore product innovations and integrate with technologies, facilitating the transformation and application of more technologies, thereby injecting new impetus into the high-quality development of Hong Kong’s economy”.

Simon Chan, Chairman of Cyberport said, “The official commencement of Cyberport’s AISC signified the development of local AI ecosystem and industry has risen to a new height, broadening the prospects for the innovation and technology (I&T) advancement. The computing power of the first-phase facility provides 1,300 PFLOPS this year, and it will increase to 3,000 PFLOPS next year to meet the growing demand for computing power in the technology sector. With the opening of AI Lab concurrently, it leverages the research and development (R&D) capabilities of ecosystem partners to create a heterogeneous computing platform, which enables joint development of innovative AI products across different industries and use cases to facilitate the transformation and realisation of R&D outcomes as well as empowers communities and business sector to drive intelligent transformation. Additionally, it will enhance Hong Kong’s R&D capabilities to attract more cutting-edge technology projects and talents from Mainland China and around the globe to the city, thereby solidifying Hong Kong’s status as an international I&T hub.”

To promote the development of AI in Hong Kong, the HKSAR Government announced in the 2023 Policy Address that Cyberport would set up an AISC in phases from this year onwards to provide research teams with the necessary computing hardware. In addition, the HKSAR Government also announced in the 2024-2025 Budget that HK$3 billion were allocated to Cyberport to implement a three-year AISS, which mainly provides funding support to five categories of eligible entities, including local institutions, R&D centres and enterprises to utilise the computing power of the AISC to achieve more breakthroughs in scientific research.

The first phase of the AISS was launched in early October and multiple applications from eligible entities, including AI start-ups, local institutions, R&D centres, and strategic enterprises, were received. The funding has also been set aside to facilitate works including strengthening the cyber and data security of AISC in addition to promotion and education. It’s expected the scheme will allow the industry to make good use of the computing facilities as well as attract relevant talents, enterprises and R&D projects from Mainland China and around the world to land in Hong Kong, thereby providing necessary support to facilitate the many aspects of local AI and related industries developments.

The AI Lab launched today brings together the R&D capabilities of AI ecosystem partners in Hong Kong, providing them with an interactive space to showcase AI solutions and launch service products. Nearly 15 companies showcased their innovations at the ceremony, including local start-ups, strategic enterprises based at Cyberport, and ecosystem partners, to facilitate AI-related R&D and collaborations. Furthermore, the AI Lab provides AI ecosystem partners and enterprises with a platform to experience different supercomputing tools, explore product innovations, converge technologies, which could be applied to different industries and use cases to promote the transformation and realisation of innovative technologies, thereby driving new quality productive forces to foster the development of digital economy and smart city.

With the AISC as its core engine, Cyberport has built a comprehensive AI ecosystem that encompasses computing power, general and professional large models, model risk assessment, industry application support, governance and ethics discussions, and more, which gathers talent and innovative resources from the Mainland China and overseas to support innovative R&D and applications spanning across the AI ecosystem chain to accelerate industry development.

Currently, Cyberport houses more than 330 start-up enterprises specialising in AI and big data, including many strategic enterprises that have established operations in Cyberport, including D2 Intelligence, LAiPIC, Saunova, and beyond. Cyberport also fosters collaborations with leading AI enterprises including Baidu, Huawei and Inspur Cloud, and interconnects with start-up enterprises with the combination of their R&D capabilities in computing development, large model building, and more to promote the innovation and application of AI R&D. The strategic enterprises attracted to Hong Kong have invested capitals, technologies and talents to develop international headquarters. Through Hong Kong as an international springboard, they can “go global” to enable internationalisation of their AI products and services.

Hashtag: #AI #Cyberport #startup #innovation #AILab #AISC #AISS

https://www.cyberport.hk/
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Wechat: https://cyberport.hk/css/demo/icon/cyberport-wechat.png
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About Cyberport

Cyberport is Hong Kong’s digital technology flagship and incubator for entrepreneurship with over 2,100 members including over 900 onsite and over 1,200 offsite start-ups and technology companies. It is managed by Hong Kong Cyberport Management Company Limited, wholly owned by the Hong Kong Special Administrative Region Government, and committed to the vision to inject new impetus into digital economy and smart city development through innovation and technology, and to connect enterprises to Mainland China and overseas markets. Cyberport strives to nurture a vibrant tech ecosystem by cultivating talents, promoting entrepreneurship among the youth, supporting start-ups, fostering technology industry development by promoting strategic collaboration with local, Mainland Chinese and international partners, and integrating new and traditional economies by accelerating digital transformation in public and private sectors.

For more information, please visit www.cyberport.hk.