Month: October 2021

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China’s latest incursions a show of joint combat capabilities: experts

China’s deployment of a record number of military aircraft to Taiwan’s air defense identification zone (ADIZ) for two consecutive days was a display of its joint combat capabilities, defense experts said Sunday.

A total of 38 People’s Liberation Army (PLA) aircraft, including 24 J-16 fighter jets, entered Taiwan’s southwestern ADIZ on Friday, setting a record for the largest intrusion since September 2020, when the Taiwan government began issuing reports of such actions by China.

On Saturday, the PLA again sent a fleet of aircraft into Taiwan’s ADIZ, numbering 39 planes, which broke the previous day’s record.

Asked to comment, Chieh Chung (??), a research fellow at the Taiwan think tank Association of Strategic Foresight, told CNA that the incursions over the past two days had occurred both at night and during the day, in a show of the PLA’s capabilities to deploy military assets to Taiwan at any time.

Furthermore, Chieh said, the aircraft were from different squadrons, which was a demonstration to Taiwan and United States of the PLA’s joint combat capabilities and its ability to quickly assemble assets from different units.

Expressing similar views on the recent incursions, Shu Hsiao-huang (???), an analyst at the government-funded Institute for National Defense and Security Research (INDSR), told CNA that the PLA was testing its joint combat and communication capabilities.

It remains to be seen if China will continue its large-scale aerial maneuvers near Taiwan, given the reported unreliability of the PLA aircraft engines, Shu said.

He said China’s J-16D electronic warfare airplanes are likely to be included in similar incursions in the future to test Taiwan’s air defense system.

The J-16D, which was built based on the J-16 fighter jet, is equipped with signal jammers that can disable enemy radar, missile guiding systems, and wireless communication.

Shu said Taiwan’s military should continue to beef up its air defense and radar systems in response to the increasing PLA threat.

The ADIZ is an area declared by a country to allow it to identify, locate and control approaching foreign aircraft, but such zones are not considered territorial airspace.

Source: Focus Taiwan News Channel

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CORONAVIRUS/Taiwan reports zero new domestic cases, relaxes mask mandate

The Central Epidemic Command Center (CECC) on Sunday reported zero new domestically transmitted COVID-19 cases, adding that Taiwan’s outdoor face mask mandate would be partially relaxed.

Sunday marked the fourth consecutive day of zero new domestic cases reported in Taiwan, and the second straight day with no deaths, according to CECC data.

Taiwan reported six new imported cases, however, involving two Taiwanese and four foreign nationals. All six had arrived in Taiwan recently and tested positive during quarantine, the CECC said.

As for the mandatory wearing of face masks, Health and Welfare Minister Chen Shih-chung (???) said that from Tuesday people would no longer need to wear masks in certain outdoor areas if they could stay socially distanced.

Individuals in the agriculture, forestry, fishing, and animal husbandry sectors that work in open spaces, such as fields and fish ponds, as well as people visiting forests and beaches, will not be required to wear masks if social distancing can be maintained.

They would still have to carry a mask with them, however, as they still need to wear masks if there is a sudden surge in crowds, Chen said.

Face masks became a requirement for those riding on public transport in April 2020. A comprehensive outdoor mask mandate was introduced after Taiwan’s COVID-19 alert level was raised to Level 3 in mid-May 2021, amid a spike in locally transmitted cases.

The alert level was lowered to Level 2 on July 27, and several exceptions to face mask requirements have been announced since, such as when having a meal, as well as when driving alone or with family members in a car.

To date, Taiwan has confirmed a total of 16,250 COVID-19 cases, of which 14,417 are domestic infections reported since May 15, when the country first recorded more than 100 cases in a single day.

Since Aug. 15, however, the daily number of domestic cases has fallen to mostly single digits, totaling 114, according to CECC data.

With no new deaths reported Sunday for the second consecutive day, the number of confirmed COVID-19 fatalities in the country remained at 843, with all but 12 recorded since May 15, CECC data showed.

Source: Focus Taiwan News Channel

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Taiwan out of U-23 Baseball World Cup after defeat against Venezuela

The Taiwan men’s national baseball team lost to Venezuela 2-5 to finish sixth in the super round of the U-23 Baseball World Cup on Friday, thereby failing to advance to the medal game of the biennial tournament in Mexico.

Taiwanese starter Lin Yu-min (???) pitched four respectable innings, allowing five hits and three runs, while striking out nine batters, before he was relieved by Hsu Chi-ling (???) in the bottom of the fifth.

Hsu pitched one solid inning, allowing no hits and keeping his team only one run behind.

However, reliever Chiu Chun-wei (???) got off to a rocky start and allowed Venezuela to score two runs in the bottom of the sixth inning, with Antonio Pinero’s RBI single capping his team’s scoring for the day.

The Taiwanese batters, meanwhile, managed to score only one run each in the third and fourth innings.

With Friday’s loss, Taiwan ended its World Cup run, finishing with four wins in eight games in this year’s tournament.

After the match, Lin told reporters that he was satisfied with his overall performance, although he had not been able to throw his pitches as fast as he would have liked.

The 18-year-old left-hander said the World Cup event in Mexico, his first international tournament, was a learning experience.

His personal goal during the tournament was to avoid any major mistakes that would cause huge losses for the Taiwan team, he said.

The head coach of the national U-23 team, Wu Ssu-hsien (???), said he was satisfied with the performance of his players and thought they had learned a lot during the games in Mexico.

The tournament was a good opportunity for the players to get a sense of the standard of play at that level and also to aim for a goal, Wu said.

Following Taiwan’s defeat Friday, the team was sixth in the super round, behind Venezuela, Mexico, Columbia, Cuba and Panama.

The U-23 Baseball World Cup is a biennial world championship, featuring players aged 21-23, but the age limit was raised to 24 this year, as the tournament was not played in 2020 due to the COVID-19 pandemic.

The medal game will be held Sunday, with Mexico and Venezuela vying for gold, while Columbia and Cuba will compete for bronze.

Source: Focus Taiwan News Channel

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‘The Magician on the Skywalk’ wins big at Golden Bells

Fantasy-comedy drama “The Magician on the Skywalk (???????)” was the biggest winner at this year’s Golden Bell Awards, taking home six awards, including best television series and best directing.

Adapted from the novel of the same name by Taiwanese novelist Wu Ming-yi (???), “The Magician on the Skywalk” received 14 nominations for the 56th edition of the awards, which were held in Taipei on Saturday night.

The series also won best newcomer in a television series, best production design, best cinematography for a television series and best lighting design.

The ceremony held at Sun Yat-sen Memorial Hall saw a total of 40 awards handed out, honoring outstanding television programs, series and individuals working in the industry.

Meanwhile, miniseries “Workers (????),” which is also a literary adaptation, won for best miniseries, best directing for a miniseries, and best leading actor and supporting actor in a miniseries.

During her acceptance speech Lin Yu-ling (???), producer of the miniseries, also announced her plan to turn the miniseries into a movie.

Best lighting design: Yeh Ming-kuang (???) for “The Magician on the Skywalk” (???????)

? Best cinematography for a television series: Chen Ko-chin (???) and Kao Tzu-hao (???) for “The Magician on the Skywalk” (???????)

? Best film editing for a television series: Chiang Shu-pei (???) for “The Cleaner” (??????-?????)

Best lifestyle program: “GuessWho” Season 12 (?????12?)

? Best host in a lifestyle program: Patty Lee (???) for “Jiang Play” (?????)

? Best film editing for a non-drama program: Hung Rue-yi (???) and Hsu Tsung-jen (???) for “Free Spirits in Time” (??-?????????)

? Best cinematography for a non-drama program: Chen Yi-sung (???), Chen Hsiang-yu (???) and Chen Yu-hsiang (???) for “Guardians of Formosa” (???????)

Best newcomer in a miniseries/ TV movie: Yu Chia-hsuan (???) for “No Flowers or Seasons” (???????-???)

? Best supporting actor in a miniseries/TV movie: Hsueh Shih-ling (???) for “Workers” (????)

? Best supporting actress in a miniseries/TV movie: Albee Huang (??/???) for “Who Killed the Good Man” (????)

Best animation program: “Pigsy Express” (?????)

? Best children’s program: “Kakudan Time Machine” (kakudan ???)

? Best host in a children’s program: Lan Pao (???) for “Kakudan Time Machine” (kakudan ???)

Best science program: “Guardians of Formosa” (???????)

? Best educational and cultural program: “Free Spirits in Time” (??-?????????)

? Best host in a science/ educational and cultural program: Claire Shu (???) for “Guardians of Formosa” (???????)

? Best directing for a non-drama program: Lee Li-shao (???) for ”Solo Dance” (????-??????)

Special contribution: Jen Li-yu (???)

? Best writing for a miniseries/TV movie: Herb Hsu (???) for “The Child of Light” (?????-????)

? Best sound effects: Lin Keng-nung (???) for “Free Spirits in Time” (??-?????????)

? Best production design: Wang Chih-cheng (???), Wang Chia-hui (???), Yeh Chih-hsiung (???), Yang Yu-hsien (???) and Kuo Chia-yu (???) for “The Magician on the Skywalk” (???????)

Best newcomer in a television series: Lee Yi-chao (???) for “The Magician on the Skywalk” (???????)

? Best television movie: “See You, Sir” (????)

Best leading actress in a miniseries/TV movie: Hsu Yen-ling (???) for “The Child of Light” (?????-????)

? Best leading actor in a miniseries/TV movie: Christopher Lee (???) for “Workers” (????)

Innovative programming: “All Star Sports Day” (??????)

? Best directing for a non-drama program: Ally Lee (???) for “The 16th KKBOX Music Awards” (?16?KKBOX ???????)

? Best reality or game show: “All Star Sports Day” (??????)

? Best host in a reality or game show: Sam Tseng (???) for “A Wonderful Word” (????-?????)

? Best variety show: “Dancing Diamond 52” (????DD52)

? Best host in a variety show: Jesse Tang (???), Aaron Yan (???) and Sandy Wu (???) for “36 Questions” (36????)

Best directing for a miniseries/TV movie: Cheng Fen-fen (???) for “Workers” (????)

? Best television miniseries: “Workers” (????)

? Best supporting actor in a television series: Darren Chiu (???) for “U Motherbaker” (??????????)

? Best supporting actress in a television series: Jian Man-shu (???) for “The Arc of Life” (?????????)

Best writing for a television series: Chang Yi-ning (???), Wu Tai-yun (???), Wu Tsung-jui (???) and Chen Nan-hung (???) for “Girls Win” (??????-????)

? Best leading actor in a television series: Hsueh Shih-ling (???) for “Born Into Loving Hands” (????)

? Best leading actress in a television series: Chung Hsin-ling (???) for “U Motherbaker” (??????????)

? Best directing for a television series: Yang Ya-che (???) for “The Magician on the Skywalk” (???????)

? Best television series: “The Magician on the Skywalk” (???????)

Source: Focus Taiwan News Channel

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Taiwan-listed BizLink to acquire assets from Leoni for 450 million euros

BizLink Holding Inc., an interconnect electronics component supplier listed on the Taiwan Stock Exchange, has agreed to acquire the industrial solution assets from Germany’s Leoni AG for 450 million euros or about NT$14.51 billion (US$518 million).

In a statement released Friday, U.S.-headquartered BizLink, which is well-known for its supply of auto components, said it has signed a binding agreement with Leoni to acquire the Leoni Industrial Solutions business group in cash from the German company.

“BizLink’s acquisition of Leoni Industrial Solutions will boost our technical and service capabilities, solidify our global scale, bring us closer to customers, and gain access to new industrial customers,” BizLink Chairman Roger Liang (???) said in a statement.

“The acquisition brings forward our long-term diversification plans, and will provide BizLink with immediate gains within multiple secular growth industries,” Liang said.

He said the deal is expected to help BizLink accelerate its pace to become a global leader in providing interconnect solutions across its industrial, IT data center, automotive and electrical appliance segments.

Liang added that the acquisition is also expected to expand the company’s global footprint with additional operational scale across Europe, North America and Asia, while it is expected to boast an increased ability to penetrate attractive, high-growth applications.

According to Leoni, the Industrial Solutions business group belongs to the company’s WCS division (Wire & Cable Solution).

BizLink said the deal has been approved by its board of directors and the assets to be acquired are expected to be accretive immediately after closing.

It added the acquisition will be funded by the company’s existing cash and committed financing.

According to its latest financial reports, BizLink is sitting on NT$9.062 billion in working capital.

It said the Leoni Industrial Solutions business group posted about 430 million euros in sales in 2020 with its products used in a wide range of applications, such as telecommunications, healthcare, robotics, factory automation, and E-mobility, and its clients came from Europe, North America and Asia.

BizLink said the transaction is expected to be completed in early 2022, subject to customary closing conditions and the required regulatory approvals.

In recent years, BizLink has completed several acquisitions for expansion, including the purchases of Leoni’s Electrical Appliances business group in 2017 and of Speedy Industrial Supplies Pte Ltd in 2020.

BizLink’s share trading was suspended on the local main board Friday before the company disclosed the acquisition deal with Leoni. Its trading will resume Monday.

On Thursday, the stock closed up 0.68 percent at NT$223.50 on the TWSE.

Source: Focus Taiwan News Channel

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Demolition contractor questioned over accidental collapse of building

Prosecutors on Friday launched an investigation into the collapse of a seven-story building in Hualien County earlier in the day, questioning the contractor on a demolition project that was not scheduled to be completed until the end of the year.

The contractor from Yakuo Mechanics and Engineering Company, along with five workers on the demolition site, was questioned to see whether they had violated the Offenses against Public Safety law, the Hualien District Prosecutors Office said.

The seven-story building on Guolian 5th Road in downtown Hualien, which was once a hotel, collapsed Friday afternoon during demolition work, damaging three vehicles parked nearby but causing no casualties, according to the county’s fire department.

The demolition work began three weeks ago and was scheduled to be completed on Dec. 23, according to Teng Tzu-yu (???), head of the Hualien’s Economic Affairs Department.

In a statement Saturday, Yakuo said the 41-year-old building had tilted forward and collapsed prematurely Friday because two of the pillars at the front were hollow.

The company said it will take full responsibility for the building collapse.

According to Teng, however, an investigation will be required into Yakuo’s demolition plan and methods at the building site.

The building, which once housed Manbo Holiday Hotel, was being demolished in preparation for a reconstruction project.As of 2 a.m. Saturday, the debris at the site had been cleared and traffic had resumed on the road in front of the building.

Source: Focus Taiwan News Channel

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Expo Dubai, Profumo: With Leonardo, Italy showcases strong technological components, reports LaPresse

DUBAI, United Arab Emirates, Oct. 01, 2021 (GLOBE NEWSWIRE) — (LaPresse) – The Italian Pavilion at Expo Dubai showcases “an Italy that also has strong technological components. I am thinking of the presence of Leonardo here. Of an Italy with its best capabilities ranging from the agricultural sector to the service sector and the industrial sector with very high-tech components. As an Italian, I am proud of Leonardo because its technological capabilities compare with the best capabilities around the world. It is an Italy that must have a strong sense of its own capabilities, a great deal of humility and a great desire to work.”

These were the words of Alessandro Profumo, CEO of Leonardo S.p.A., speaking at the Italian Pavilion at Expo Dubai. Among the novelties presented by Leonardo are technologies and products relating to the new frontiers in the aeronautical industry, with a particular focus on the AW609 tiltrotor, designed and built to achieve an effective synthesis between the operational versatility of the helicopter and the advantages of the aeroplane. “It is an incredibly innovative aircraft: it is a helicopter, as it takes off and lands vertically, as well as an aeroplane, as it goes above the clouds; it can fly in any weather condition. It can go very far and get there very fast. We think,” Profumo added, “that it is an ideal aircraft for many missions, for example for emergency and medical services operations, in cases where a person would have to be rescued by a helicopter and then transferred to a plane to be taken to hospital, or to transport people who want to travel directly from one city to another, over long distances.” Visitors to the Italian Pavilion at Expo 2020 Dubai will also be able to get a close-up look at the robotic drill of the ESA-Roscosmos ExoMars 2022 mission – produced with the support of the Italian Space Agency (ASI) and which will search for traces of present or past life in the subsurface of Mars – and at an atomic clock designed for high-precision space applications.

For more information:
LaPresse SpA Communication and Press Office Director
Barbara Sanicola – barbara.sanicola@lapresse.it
+39 02 26305578 M +39 333 3905243

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Delphix Data Control Tower บรรลุการปฏิบัติตามข้อกำหนด SOC 2 Type 1

รายงานตรวจสอบโปรโตคอลด้านความปลอดภัยของการปกปิดข้อมูล การปฏิบัติตามข้อกำหนด และความสามารถของ SaaS ของ Delphix

เร้ดวูด ซิตี้, แคลิฟอร์เนีย, Oct. 01, 2021 (GLOBE NEWSWIRE) — Delphix บริษัทข้อมูลชั้นนำในอุตสาหกรรมสำหรับ DevOps ประกาศในวันนี้ว่าได้เสร็จสิ้นการตรวจสอบ Type 1 System and Organization Controls (SOC) 2 สำหรับ Delphix Data Control Tower (DCT) การตรวจสอบที่ดำเนินการโดย Schellman & Company, LLC (Schellman) พบว่า Delphix ได้ออกแบบการควบคุมอย่างเหมาะสมเพื่อให้เป็นไปตามเกณฑ์ SOC 2 สำหรับประเภทของการบริการด้านความปลอดภัย ความพร้อมใช้งาน และความน่าเชื่อถือในการรักษาความลับ ณ วันที่ 31 กรกฎาคม 2021

“ด้วยภัยคุกคามที่เพิ่มขึ้นของ Ransomware ทำให้ความปลอดภัยและความไว้วางใจด้านข้อมูลเป็นสิ่งที่ไม่สามารถปล่อยปะละเลยได้ในสภาพแวดล้อมทางธุรกิจในปัจจุบัน” Douglas Barbin กรรมการผู้จัดการใหญ่ที่ Schellman กล่าว “การตรวจสอบ Type 1 SOC 2 แสดงให้เห็นถึงความมุ่งมั่นของ Delphix ที่มีต่อลูกค้าและการริเริ่มด้านความปลอดภัยและการปฏิบัติตามข้อกำหนด”

รายงาน SOC 2 เป็นรายงานการรับรองที่แสดงความเห็นเกี่ยวกับการควบคุมในองค์กรที่เกี่ยวข้องกับการรักษาความปลอดภัย ความพร้อมใช้งาน และการรักษาความลับของระบบหรือบริการ รายงาน Type 1 เป็นเครื่องยืนยันถึงการออกแบบและการดำเนินการควบคุมขององค์กร ณ วันที่ตรวจสอบ

Delphix Data Control Tower มีจุดสิ้นสุด API เดียวที่ช่วยให้ทีมสามารถดำเนินการข้อมูลที่ซับซ้อนและมีความสำคัญได้โดยอัตโนมัติ รวมถึงการจัดการข้อมูลแอปพลิเคชันระดับองค์กรจากส่วนกลางด้วยอินเทอร์เฟซ SaaS, การส่งข้อมูลทดสอบอย่างรวดเร็วผ่าน API และการค้นหาและปกปิดข้อมูลที่สำคัญสำหรับสภาพแวดล้อมการทดสอบที่สอดคล้อง เพื่อทำให้ไปป์ไลน์ CI/CD ทำงานอัตโนมัติได้อย่างปลอดภัย บริษัทได้สร้างเฟรมเวิร์กการควบคุมที่มีประสิทธิภาพเพื่อให้เป็นไปตามข้อกำหนดด้านความปลอดภัย ความพร้อมใช้งาน และการรักษาความลับที่ทำไว้กับลูกค้า

“การโจมตีทางไซเบอร์ที่เพิ่มขึ้นทำให้การรักษาความปลอดภัยเป็นเรื่องสำคัญ เอกสารรับรองนี้เป็นการยืนยันความแข็งแกร่งและการปฏิบัติตามโปรโตคอลด้านความปลอดภัยของเรา” Pritesh Parekh หัวหน้าเจ้าหน้าที่ความเชื่อถือและความปลอดภัย และรองประธานฝ่ายวิศวกรรมที่ Delphix กล่าว “เนื่องจากองค์กรต่างๆ กลายเป็นบริษัทด้านข้อมูลมากขึ้นเรื่อยๆ เราจึงมุ่งมั่นที่จะให้บริการโซลูชันข้อมูลที่ดีที่สุดและปลอดภัยที่สุดสำหรับ DevOps”

เมื่อต้นปีนี้ บริษัทได้ประกาศว่าแพลตฟอร์มข้อมูล Delphix DevOps ได้รับการรับรองการผสานรวม SAP กับ SAP NetWeaver® และ SAP S/4HANA® นอกจากนี้ยังเปิดตัวความสามารถในการปฏิบัติตามข้อกำหนดข้อมูลใหม่ที่ช่วยให้ลูกค้า Salesforce ปลดล็อกคุณค่าเชิงกลยุทธ์ของข้อมูล Salesforce® ในขณะที่ยังคงปฏิบัติตามนโยบายความเป็นส่วนตัวของข้อมูล

เกี่ยวกับ Delphix
Delphix เป็นบริษัทข้อมูลชั้นนำในอุตสาหกรรมสำหรับ DevOps

ข้อมูลนั้นสำคัญอย่างยิ่งต่อการทดสอบการเปิดตัวแอปพลิเคชัน การปรับให้ทันสมัย​ การปรับใช้ระบบคลาวด์ และโปรแกรม AI/ML เราจัดเตรียมแพลตฟอร์มข้อมูล DevOps แบบอัตโนมัติสำหรับแอปพลิเคชันระดับองค์กรทั้งหมด Delphix จะปกปิดข้อมูลเพื่อความเป็นส่วนตัว รักษาความปลอดภัยข้อมูลจาก Ransomware และมอบข้อมูลเสมือนจริงที่มีประสิทธิภาพสำหรับ CI/CD

แพลตฟอร์มของเราประกอบด้วย DevOps API ที่จำเป็นสำหรับการจัดเตรียม รีเฟรช ย้อนดู ผสานรวม และควบคุมเวอร์ชันของข้อมูล บริษัทชั้นนำ เช่น UKG, Choice Hotels, J.B.Hunt และ Fannie Mae ใช้ Delphix เพื่อเร่งการเปลี่ยนแปลงทางดิจิทัล สำหรับข้อมูลเพิ่มเติม โปรดไปที่ www.delphix.com หรือติดตามเราได้ที่ LinkedIn, Twitter และ Facebook

สำหรับรายละเอียดเพิ่มเติม โปรดติดต่อ:
Aarthi Rayapura
ผู้อำนวยการ กองบรรณาธิการและเนื้อหา
aarthi.rayapura@delphix.com

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The Luxury Bank Raises $10 Million for the Luxury Ecosystem From Dubai’s ICICB Group, Giving a Boost to the Development of Luxandia

The Luxury Bank today announced a successful raise of $10 million to benefit The Luxury’s entire ecosystem. The funds were raised after an investment by Dubai’s ICICB Group, an investment management company that fosters and funds luxury projects in banking, cryptocurrency trading, commercial real estate, and other related industries worldwide.

Luxandia Metaverse

Luxandia Metaverse

LONDON, Oct. 01, 2021 (GLOBE NEWSWIRE) — The $10 million raised will be leveraged across The Luxury Ecosystem’s various projects, including The Luxury Bank, The Luxury Foundation, a cryptocurrency PoS system, offline cryptocurrency exchanges, an NFT marketplace, a job portal, and a news magazine. The funds will also be used to complete The Luxury’s much-anticipated Luxandia, a metaverse platform similar to Second Life and Decentraland, which is dedicated to serving the luxury industry.

“This investment from ICICB Group is proof that The Luxury is delivering the ecosystem that the luxury industry’s needs. We are confident that the launch of the Luxandia metaverse platform will garner huge public interest and have a significant impact on the luxury industry,” said Catalin Dascalu, The Luxury’s CEO.

“Currently, everything is on schedule or running ahead of schedule. We calculate that by mid-2022, our teams will deliver the final version of all ongoing projects in The Luxury Ecosystem.”

While the luxury industry took a 23% hit during the heights of the coronavirus pandemic in 2020, that same year also saw a global 2.5% growth in the number of HNWIs (High Net Worth Individuals) and UHNWIs (Ultra High Net Worth Individuals) – many of whom are Millennials and Generation Z, groups who seek investment pieces and unique experiences both online and offline.

The development of the Luxandia metaverse is focused on bringing real-world luxury into a virtual reality space of affluence that creates luxury shopping and experiences for individuals. Luxandia will feature a 3D luxury shopping mall, NFT auction houses, and even a virtual 3D cinema, with The Luxury promising many more experiences to come as the metaverse is built out.

As a first in the luxury industry, the Luxandia metaverse will lead the industry into the 21st century; a shopper may browse luxury brand clothing in a 3D mall, then try on and purchase an NFT-certified authentic outfit before heading to see the latest blockbuster in the virtual 3D cinema – all without ever leaving their home.

At the same time, businesses that join Luxandia will benefit from having a presence – not just through retail sales but also through gaining access to Big Data and AI that allows them to better project future trends and changes as well as better understanding their perfect customers’ motivations and desires.

With Luxandia paving the way for a new virtual space that benefits both business and customer through a mix of modern technology and traditional luxury, investment firms like ICICB Group are betting on Luxandia as a model for a new path forward for the luxury industry. This new, revolutionary path may be more than just a luxury metaverse – but a space where businesses can create incredible virtual store experiences to rival those of their flagships, all while sidestepping the mobility restrictions that came with coronavirus.

“We have gained amazing proprietary knowledge and insight into the current progress and future evolution of The Luxury Ecosystem,” said Airton Arruda, Chairman of the ICICB Group. “We believe that The Luxury will be one of the leading ecosystems in the $224 billion luxury industry due to its functionality and diversification, as well as the strength of the ongoing Luxandia metaverse development.”

ICICB Group’s funding is a significant step in the development of Luxandia, marking the interest of investment management firms in this emergent sector of the luxury industry. With the metaverse able to deliver key benefits to both industry businesses and their customers, interest in the project is already sky-high just months before launch.

Development of the Luxandia metaverse currently stands at 50%, with the metaverse’s full launch scheduled for Spring 2022. For more information about The Luxury Ecosystem and its various projects, please visit https://theluxurybank.com. For all general and media inquiries, please contact Aiham Saleh at +44 330 808 6781 or email pr@theluxurybank.com.

About The Luxury

The Luxury, founded in 2014, is a global concierge group that provides a luxury lifestyle management service for its clients via its network of six offices around the world. In addition to its concierge services, The Luxury brand also includes an influencer talent agency, retail, Luxandia, The Luxury Academy, The Luxury Bank, and The Luxury Foundation. For more information about the company and its services, please visit The Luxury’s website.

About ICICB Group

ICICB group is a UAE based financial services company founded in 2019. With a home base set in Dubai and a vast network of more than 114 branches and offices located in 26 countries, the group has achieved great success in its mission of helping the world understand and adapt to the monumental changes underway as a result of the ongoing digital transformation.

Despite the turbulent markets, ICICB group has emerged as one of the world’s fastest-growing multinational investment holding companies, posting a profit of $800 million in 2020. The value of the ICICB ecosystem has now surpassed $2.6 billion USD, and the asset management holding company currently has $10 billion USD in assets under management.

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Image 1: Luxandia Metaverse

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Expo Dubai, Severino: Two LUISS installations to unite tradition and innovation

Vice President of LUISS Guido Carli University

Dubai Oct 1st Vice President of LUISS Guido Carli University in Romeinterviewed by LaPresse

DUBAI, United Arab Emirates, Oct. 01, 2021 (GLOBE NEWSWIRE) — “We, as LUISS, are present” at Expo Dubai “and we are proud. We are presenting a project that brings together tradition and innovation, as is typical of Italy and our projects. We have two installations. One is called ‘Music and Management’, with ‘Leadership’ as its subtitle. Here, the Santa Cecilia Orchestra, founded in 1585, is broadcast by a revolutionary means: an interactive screen on which the spectator, the visitor, can conduct the orchestra with a digital baton. Maestro Pappano teaches us how. We know that conducting an orchestra and directing a company go hand in hand because conducting an orchestra means bringing together, creating harmony between many soloists, and the same thing happens in a company, by creating teams, task forces that can work together.” These were the words of Paola Severino, former Minister of Justice and Vice President of LUISS Guido Carli University in Rome, speaking at the Italian Pavilion at Expo Dubai. “In addition, to allow us to be here every day, even though we are far away, we have created holograms with which we will be here as if physically present, presenting our programmes, our masters and our LUISS Academy, another Italian pride: three gold medals at the Olympics, and a silver medal at the Olympics, and a player who won the European Football Championships with our Italian team. I would say this is a beautiful image of culture, economic recovery, and of the well-being to which we all aspire,” she added. Expo Dubai “is a great signal of economic and cultural recovery. Culture drives the economy and vice versa. It seems to me that today, in Dubai, you can breathe in this feeling of being sustainable and wanting to be on the move again.”

For more information:
LaPresse SpA Communication and Press Office Director
Barbara Sanicola – barbara.sanicola@lapresse.it
+39 02 26305578 M +39 333 3905243

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2df227ea-2f7a-4ce5-9486-ede3e83679d2

The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.

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