Strong Growth Figures Hotel Industry good for investors

DUBAI, United Arab Emirates, Nov. 02, 2021 (GLOBE NEWSWIRE) — Barrows, the provider of hotel investment and advisory services for hotels in the Middle East, is very positive for the global hotel industry and sees huge opportunities for investors and developers.

Last year, the company noticed lower sales due to restrictions imposed by travel restrictions and declining demand for global hotel bookings. The turnover decline in hotel room sales was a fact, but the differences with the advisory branch of the company were very large. Never has the company managed to achieve such significant growth.

Many Hotels across the globe had massive problems and hired Barrows as their regular advisory partner. Today, the development of new hotels and the sales of hotel rooms are stronger than ever before. Investors are massively signing up for new hotel projects and they really come from all over the world.

The company expects strong growth in the hotel industry for the last quarter of this year and for 2022. “The economies are slowly closing, and world trade is returning back strongly,” said Barrows Hotel Enterprises Chairman – Erwin Jager. The market has been recovering for a few months now and hotels are opening their doors to the public again, which is giving a huge boost to employment.

Barrows Hotel Enterprises internationally manages more than 10,000 hotel rooms in more than 10 countries. The company started in 2008 as a real estate investor in the residential market in Dubai. Since 2012, Barrows has changed its strategy and the company is fully focused on the fast-growing hotel industry in the Middle East and Africa.

For more information
media@barrowshotels.com

Cavli Wireless Recognized as the ‘Overall M2M Solution Provider of the Year’ at the 2021 Mobile Breakthrough Awards

Hubble99, the first ever IoT subscription plan that bundles IoT hardware, wins Cavli yet another laurel

Featured Image for Cavli Wireless

Featured Image for Cavli Wireless

SAN JOSE, Calif., Nov. 02, 2021 (GLOBE NEWSWIRE) — Cavli Wireless has been named “Overall M2M Solution Provider of the Year” in the 5th annual Mobile Breakthrough Awards by Mobile Breakthrough, a leading independent market intelligence agency that recognizes the top companies, technologies and products in the global wireless and mobile market today.

Scaling an IoT-enabled/Smart-connected solution across geographies has many industrial and economic challenges. Apart from hefty investments for product development, solution makers have to deal with network providers, semiconductor manufacturers, and policy changes to launch their devices worldwide.

Cavli Wireless has eliminated these impediments, facilitating the global deployment of IoT devices in the most flexible and cost-effective way. Cavli’s eSIM integrated cellular modules, powered by a comprehensive cloud management platform, Cavli Hubble, enables OEMs to launch their devices across borders. Cavli Hubble is coupled to Cavli smart modules by a proprietary layer of software that runs on the module called “Hubble Stack,” enabling the Cavli Hubble IoT platform to orchestrate and control millions of Cavli smart modules deployed worldwide. With network partnerships in over 150+ countries with 60+ operators, Cavli enables access to local IoT networks in any part of the world.

The disruptive proposition that Cavli has introduced is the world’s first-ever hybrid IoT subscription plan – “Hubble 99,” which marks the entry of IoT into the subscription economy age. It provides the IoT Solution makers with Cellular modules, eSIM & Data connectivity, Device management cloud platform, all at the cost of 99 cents/per device/per month.

“At Cavli, we are excited to be receiving this recognition from an agency that closely watches our industry and tracks innovation in real time. To be positioned alongside industry heavyweights with equal measure bears testimony to the impactful journey we have had so far. A big thanks to our technology partners, associates and customer partners for the strides we have taken so far and will continue to take,” said Tarun Thomas George, COO, Cavli Wireless.

About Cavli Wireless

Cavli Wireless is a cellular IoT module manufacturer that combines IoT connectivity and data management into one single platform. Cavli designs and manufactures industrial-grade cellular IoT smart modules that improve equipment reliability and expedite development processes for a variety of applications. Cavli’s smart modules are equipped with global cellular connectivity through integrated eSIM functionality that provides users with affordable global data pricing, simplified device management, and centralized subscription management through the proprietary cloud-based platform Cavli Hubble.

Read more: https://bit.ly/3nWrjwm

About Mobile Breakthrough

The Mobile Breakthrough Awards program is devoted to honoring excellence in mobile and wireless technology companies, products and people. They provide a platform for public recognition around the achievements of breakthrough mobile companies and products in categories including Cloud Computing, IoT, WLAN, WiFi and more.

CONTACT:

Ajit Thomas, CMO, Cavli Wireless
ajit@cavliwireless.com
+1-650-535-1150

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OKEx เปิดตัวระบบ Portfolio Margin ที่เหมือนกับ CME สำหรับอุตสาหกรรมคริปโต

วิคตอเรีย, เซเชลส์, Nov. 03, 2021 (GLOBE NEWSWIRE) — OKEx ได้ประกาศเปิดตัวโหมดการซื้อขายขั้นสูงแบบใหม่สำหรับผู้ซื้อขายมืออาชีพและแบบสถาบัน Portfolio Margin ซึ่งเป็นส่วนหนึ่งของความพยายามในการสร้างแพลตฟอร์มการซื้อขายที่ทรงพลังที่สุดของโลกสำหรับผู้ซื้อขายคริปโต สามารถใช้โหมดการซื้อขายใหม่บนเว็บของแพลตฟอร์ม และเวอร์ชัน API สำหรับผู้ซื้อขายในปริมาณมาก ณ วันที่ 1 พฤศจิกายนPortfolio Margin บน OKEx นั้นถูกออกแบบมาสำหรับผู้ซื้อขายมืออาชีพในปริมาณมาก รวมถึงผู้ดูแลสภาพคล่องและสถาบัน ที่ต้องการลดความต้องการเงินทุนลงอย่างมาก โหมดนี้ช่วยให้ผู้ซื้อขาย และโดยเฉพาะอย่างยิ่งผู้ดูแลสภาพคล่องสำหรับคริปโตเคอเรนซี่ฟิวเจอร์สและออปชั่น ซึ่งช่วยลดการคำนวณมาร์จิ้นลงอย่างมาก โดยเฉพาะอย่างยิ่ง OKEx มองว่าคุณสมบัติใหม่นี้เป็นวิธีแก้ไขปัญหาสภาพคล่องที่กระจัดกระจายในตลาดคริปโตออปชั่นในปัจจุบัน

ระบบการจัดการความเสี่ยงที่คล้ายกับ Portfolio Margin อย่างการวิเคราะห์ความเสี่ยงพอร์ตลงทุนที่ได้มาตรฐาน หรือ SPAN ถูกสร้างขึ้นมาสำหรับผู้มีส่วนร่วมทางการเงินแบบดั้งเดิมโดย CME Group ซึ่งเป็นตลาดซื้อขายสัญญาซื้อขายล่วงหน้าที่ใหญ่ที่สุดในโลก การเปิดตัวโหมด Portfolio Margin ใหม่บน OKEx ทำให้แพลตฟอร์มนี้เป็นผู้นำในอุตสาหกรรมคริปโตเคอเรนซี่ ด้วยการเปิดตัวเครื่องมืออันทรงพลังนี้เพื่อเพิ่มประสิทธิภาพเงินทุนและการจัดการความเสี่ยง

โหมดการซื้อขายของ OKEx นั้นโดดเด่นกว่าคู่แข่งด้วยการอนุญาตให้มีมาร์จิ้นพอร์ตหลายสกุลเงิน ซึ่งหมายความว่าผู้ซื้อขายจะสามารถเปิดสถานะอนุพันธ์ด้วยความต้องการมาร์จิ้นที่ลดลงอย่างมาก ในหลายสกุลเงินในเวลาเดียวกัน

โหมด Portfolio Margin ใหม่ และสภาพคล่องชั้นนำของอุตสาหกรรม ช่วยให้ OKEx แสดงให้เห็นถึงความมุ่งมั่นต่อการจัดหาเครื่องมือที่ทันสมัยที่สุด และประสบการณ์การซื้อขายที่ดีที่สุดให้กับลูกค้า

เกี่ยวกับ OKEx

OKEx ก่อตั้งขึ้นในปี 2017 เป็นหนึ่งในจุดแลกเปลี่ยนสกุลเงินคริปโตเคอเรนซี่และอนุพันธ์ชั้นนำของโลก OKEx ได้นำเทคโนโลยีบล็อกเชนมาใช้ในเชิงนวัตกรรม เพื่อเปลี่ยนโฉมระบบนิเวศทางการเงิน และนำเสนอผลิตภัณฑ์ที่หลากหลายและซับซ้อนที่สุดในตลาด รวมถึงระบบนิเวศ DeFi ที่เปิดตัวเมื่อไม่นานมานี้และ NFT Marketplace

บริษัทได้รับความไว้วางใจจากผู้ใช้มากกว่า 20 ล้านคนในกว่า 180 ภูมิภาคทั่วโลก โดยมีภารกิจคือการเพิ่มศักยภาพให้กับทุกคนด้วยการส่งเสริมและการพัฒนาคริปโตเคอเรนซี่ทั่วโลก

Andrea Leung
andrea.leung@okex.com

Open Society Names Natalie Samarasinghe as Global Director for Advocacy

New York, Nov. 02, 2021 (GLOBE NEWSWIRE) — The Open Society Foundations today named Natalie Samarasinghe as their first global director of advocacy, as part of their drive to speak with a powerful  international voice for justice, equity, and free expression.

Samarasinghe joins Open Society with more than 15 years of advocacy and management experience, most recently as CEO of the United Nations Association-UK. She will assume her new role on January 18, 2022.

“Natalie is a respected thought leader on the subjects of human rights, multilateralism, and civil society. She is well-positioned to build a powerful global advocacy department that magnifies our impact,” said Mark Malloch-Brown, president of Open Society Foundations.

Samarasinghe transformed the United Nations Association-UK into a global innovator and campaigner on UN issues with over 120 branches and 1,000 civil society partners worldwide. There, she advised NGOs and governments on advocacy strategies, and was one of the co-founders of both the 1 for 7 Billion campaign for transparency in international appointments, and the Together First movement for inclusive global governance. Samarasinghe also worked for the United Nations in the office of the President of General Assembly, and as chief of strategy for the organization’s 75th anniversary initiative.

Samarasinghe has also advised governments on UN policy, and supported NGOs such as the Sri Lanka Campaign and Brazilian Igarapé Institute.

“I look forward to helping lead the Foundations’ advocacy priorities and being part of an impressive legacy that continues to shape laws, policies, practices, and attitudes in support of open society,” said Samarasinghe.

Office of Communications
Open Society Foundations 
media@opensocietyfoundations.org

Former US diplomat Richardson meets junta chief on Myanmar humanitarian mission

Former U.S. diplomat Bill Richardson has met with junta chief Snr. Gen. Min Aung Hlaing as part of a humanitarian mission to Myanmar, an official said Tuesday, while the military pounded the country’s Sagaing region with airstrikes for a fifth straight day, forcing some 2,000 villagers to flee for their safety.

Richardson, the former governor of New Mexico who once served as U.S. ambassador to the United Nations, met with the head of Myanmar’s military regime in the capital Naypyidaw and discussed measures to prevent the transmission of COVID-19, the disease caused by the coronavirus, Myanmar’s Information Ministry said in a statement.

The meeting included Myanmar’s ministers of foreign affairs, health and international cooperation, the statement said, and was later broadcast on state television channel MRTV Tuesday.

Junta spokesman Maj. Gen. Zaw Min Tun told RFA’s Myanmar Service that the two men “mainly talked about providing COVID-19 vaccines [to the people of Myanmar] from the U.N., Western nations and other programs as assistance to the public health sector.”

Myanmar—a country of around 53.6 million people—has been hit particularly hard by the pandemic, recording nearly 501,000 infections and 19,000 deaths from COVID-19 since March 2020. The country’s response has been hampered by a crackdown following the military’s Feb. 1 coup that has seen scores of medical professionals locked up for taking part in anti-junta protests.

Richardson’s office announced Sunday that he would be “visiting the country to discuss pathways for the humanitarian delivery of COVID-19 vaccines, medical supplies, and other public health needs.”

The former governor has a history of serving as a kind of intermediary between the U.S. and nations with whom Washington maintains few or no ties, including North Korea and Venezuela. The U.S. has sanctioned the junta for its use of violence against opponents to its rule and relations are at a low.

While his visit to Myanmar was not officially sanctioned by the U.S. government, observers said it could lead to the release of American journalist Danny Fenster, the managing editor of online news magazine Frontier Myanmar. Fenster was arrested at Yangon Airport in May as he prepared to return to the U.S. and charged with incitement. He faces up to three years in prison if convicted. Media watchdog groups have called for his immediate release.

Asked about whether Richardson had called for the release of Fenster during his meeting with Min Aung Hlaing, Zaw Min Tun told RFA that such a request “was not included.”

But Myint Kyaw, a reporter based in Yangon, told RFA he has “no doubt that [Richardson] will request the release of U.S. journalist Danny Fenster” and that the junta “might agree” if doing so would thaw relations with Washington.

He noted that during Richardson’s visit to Myanmar in 2018, the former governor had called on then-State Counsellor Aung San Suu Kyi’s government to release two detained reporters from Reuters news agency, even though it was not part of the main agenda for the trip. The disagreement led to Richardson’s resignation from an advisory board that oversaw Myanmar’s implementation of recommendations for Rakhine state, where a year earlier the military carried out a scorched earth campaign launched in response to attacks by Muslim insurgents against police posts.

Myint Kyaw said Tuesday’s meeting could be seen as an “unofficial visit” by the U.S. government to Myanmar and that Richardson would be sure to carry a message from the junta back to Washington.

U.S. State Department representatives had yet to respond to requests by RFA for comment on Richardson’s trip as of Tuesday.

According to a report by the Associated Press, the State Department said Richardson is making the trip on his own but that it hopes he can help convince Myanmar’s leaders to allow the entry of aid for the coronavirus pandemic and other urgent needs.

In this photo issued by the Myanmar Military True News Information Team, former US ambassador and New Mexico Governor Bill Richardson (L) meets with junta chief Snr Gen Min Aung Hlaing in Naypyidaw, Myanmar, Nov. 2, 2021. AP Photo
In this photo issued by the Myanmar Military True News Information Team, former US ambassador and New Mexico Governor Bill Richardson (L) meets with junta chief Snr Gen Min Aung Hlaing in Naypyidaw, Myanmar, Nov. 2, 2021. AP Photo

Airstrikes and artillery in Sagaing

While Richardson met with Min Aung Hlaing in the capital, junta forces conducted a fifth-straight day of an offensive against People’s Defense Force (PDF) militias in Sagaing region’s Kyunhla township, using airstrikes and heavy artillery on two villages that destroyed homes and displaced nearly 2,000 people, sources said.

A resident who declined to be named for fear of reprisal told RFA that the junta began attacking areas near Kyunhla’s Inhla and Kywe Tae villages on Oct. 28 after an informer provided reports of “armed youths” in the area to the military.

“We had to flee the fighting in Kywe Tae and Inhla villages because of helicopter gunfire—there are now at least 1,500 to 2,000 refugees,” he said, adding that “six helicopters flew in, opening fire on us and dropping soldiers” in recent days.

The resident said that while refugees have enough food to sustain themselves, other supplies are sorely lacking.

“There is enough rice, but no medicine,” he said. “We had to leave our homes with only a few pieces of clothing. We need a lot of help.”

Refugees displaced by fighting in Sagaing region's Depayin township, July 2, 2021. Citizen journalist
Refugees displaced by fighting in Sagaing region’s Depayin township, July 2, 2021. Citizen journalist

Civilians targeted

Sources told RFA on condition of anonymity that the military is cracking down on Kyunhla township because it has “a large number of local defense forces.” At least three civilians have been killed during the five days of military operations, sources said.

A man and his wife were killed when the army entered Kywe Tae village, while in nearby Hluttaw village a man who fled in fear of troops was shot dead and his body was dumped in a toilet, residents said.

Asked about the civilian deaths in Kyunhla township, military spokesman Zaw Min Tun denied that any military operation is taking place in Sagaing region, although he added that whatever the military is doing “is needed to protect the lives and property of the people” from “terrorist groups.”

The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) said in September that more than 120,000 people have been displaced by fighting since May 21 in Kayah and southeastern Shan states, as well as tens of thousands in Chin, Kachin, and Karen states, as well as Magway and Sagaing regions.

In late August, OCHA announced that the number of people who need humanitarian aid in Myanmar had increased to nearly two million since the military coup. Those displaced by the recent fighting join more than 500,000 refugees from decades of conflict between the military and ethnic armed groups who were already counted as internally displaced persons at the end of 2020, according to the Internal Displacement Monitoring Center, a Norwegian NGO.

Reported by RFA’s Myanmar Service. Translated by Khin Maung Nyane and Ye Kaung Myint Maung. Written in English by Joshua Lipes.