Author: jezzabellemente

KUALA LUMPUR, Oct 18 (Bernama) — The global travel and expense (T&E) management software market is expected to hit US$16 billion in revenue by 2027 from US$8.7 billion this year, according to a new study by Juniper Research.

The study found that the risk of expense fraud would increase as hybrid working grows, with remote working offering the ideal environment for employees to submit fraudulent reports.

Juniper said in a statement that growing risks of employee expense fraud would drive demand for T&E management solutions.

It added that manual T&E management practices cannot detect expense fraud and are incapable of identifying all cases of fraudulent activity due to the volume of expense reports submitted.

In contrast, Juniper said, dedicated T&E management solutions could detect and resolve numerous types of expense fraud, such as duplicate claims, by leveraging artificial intelligence (AI) to detect new methods of fraud, saving businesses time and money.

Given these benefits are often overlooked, Juniper recommends vendors in the market prioritise the development of AI-based anti-expense fraud capabilities and demonstrate these benefits when marketing their solutions.

Juniper Research provides research and analytical services to the global hi-tech communications sector, providing consultancy, analyst reports and industry commentary.

— BERNAMA

KUALA LUMPUR, Oct 19 (Bernama) — Mary Kay Inc, a global advocate for corporate sustainability and stewardship, has furthered its commitment to securing a healthy and productive ocean by recently joining the United Nations (UN) Global Compact’s Ocean Stewardship Coalition.

The coalition is an effort to bring together the private sector alongside UN agencies, academia, governments and non-governmental organisations to address biodiversity and climate change through a focus on ocean health.

“Nature-based solution projects led by women are revolutionising the way we protect our oceans for future generations.

“By joining the Ocean Stewardship Coalition, Mary Kay hopes to support these projects and inspire additional women to take action in their local communities,” Mary Kay chief operating officer Deborah Gibbins said in a statement.

The Ocean Stewardship Coalition seeks to leverage private sector involvement to increase ocean awareness and develop climate-smart innovation.

It also calls upon stakeholders, including business leaders, to use climate-smart policies to address environmental and climate injustices as well as adopt a human-centred approach to policy solutions.

In alignment with the Sustainable Ocean Principles and the Ocean Stewardship Coalition, Mary Kay has supported several projects this year in partnership with The Nature Conservancy.

This is to improve ocean health through the protection and restoration of critical habitats such as coral reefs, oyster reefs, and coastal wetlands, as well as to advance women’s leadership in conversation.

— BERNAMA

SINGAPORE, Oct 14 (Bernama-BUSINESS WIRE) — Prestige Biopharma Limited, a Singapore-based biopharmaceutical company, has submitted a request to the U.S. Food and Drug Administration (FDA) for a pre-submission meeting to discuss the company’s planned Biologics License Application (BLA) for its Herceptin Biosimilar, HD201(Tuznue^®).

The Biosimilar Biological Product Development (BPD) Type 4 Meeting is to discuss the format and content of a BLA in advance of the final submission. The company will discuss the overall development program of HD201 with the FDA to identify potential filing and review issues. The meeting is expected to take place around November, and the BLA submission by the end of the year.

Prestige Biopharma’s HD201 is a proposed biosimilar to Roche’s Herceptin^® (trastuzumab) to be prescribed for the treatment of human epidermal growth factor 2 (HER2) positive breast and metastatic gastric cancer. Trastuzumab targets HER2, which is overexpressed in some types of cancer cells and stimulates the growth of the cancer cells. Trastuzumab works by selectively binding to HER2, thereby stopping the growth of these cancer cells.

Currently, a New Drug Submission (NDS) for HD201 is under review by Health Canada and a Marketing Authorisation Application (MAA) by the Korea Ministry of Food and Drug Safety. In addition to filing a new MAA to the European Medicines Agency (EMA), the company also plans to apply for authorisation in other advanced biosimilars markets such as UK, Australia, and Singapore.

Lisa Park, CEO of Prestige Biopharma, commented: “This Type 4 Meeting will be the final gate of BLA submission for HD201. In addition to the Bridging Study on biosimilarity of HD201 to US-Herceptin^® and the Biosimilar Initial Advisory Meeting with FDA in 2019, we have been through a series of meetings with the FDA on each step of the development to prepare the launch of HD201 in US to help more patients in need. We will take this final step to thoroughly review and finalise the application for FDA’s approval.”

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20221013006097/en/

Contact

Media Inquiries
Global Communications, Prestige Biopharma
www.prestigebiopharma.com
Yujin Suh
+65-6924-6535
info@prestigebio.com

Source : Prestige Biopharma Limited

KUALA LUMPUR, Oct 14 (Bernama) — Mary Kay Inc recently participated in a virtual learning exchange, where it spotlighted innovations and actions undertaken by women leaders across the Coral Triangle in protecting marine biodiversity.

The event, “Women Leaders Protecting the Coral Triangle’s Threatened Biodiversity and Endangered Species”, also highlighted successful women-led initiatives in sustainable marine resource management and ocean protection.

According to a statement, these initiatives focus on biodiversity protection, climate action, and marine protected area management linked to the global goal to protect 30 per cent of the world’s oceans by 2030.

The Coral Triangle is home to some of the world’s most diverse and beautiful coral reefs and provides a habitat for more than 250 species of fish. However, many of the marine animals and ecosystems in the Coral Triangle are threatened by human activities.

The event was hosted by the Coral Triangle Center (CTC), The Nature Conservancy (TNC), and the Coral Triangle Initiative on Coral Reefs, Fisheries, and Food Security (CTI-CFF) Regional Secretariat.

As a global advocate for corporate sustainability and women’s empowerment, Mary Kay joined panellists from CTC, CTI-CFF, and TNC as well as WWF Malaysia, Conservation International, and the University of the Philippines Diliman to share inspiring stories in protecting sea turtles, dugongs, sharks, and fisheries sustainably.

In the Coral Triangle, Mary Kay has continued to partner with TNC and the women in Papua New Guinea and Mangoro Market Meri, a group that markets sustainable mangrove products, such as shellfish and mud crabs, while protecting mangroves from being harvested for their wood.

— BERNAMA

Malaysians can now determine the appropriate level of takaful coverage with an AI driven tool

KUALA LUMPUR, Oct 12 (Bernama) — FWD Takaful Berhad (“FWD Takaful”) has recently launched Your Protection Calculator (“YPC”), an artificial intelligence (AI) driven tool created to assist Malaysians in assessing and determining the appropriate level of takaful coverage.

YPC enables people to recognise where they stand with their takaful protection needs by comparing them to others with similar backgrounds. This tool lists people’s coverage needs by priority, coverage gap and estimated cost. Based on the person’s coverage needs, the tool can also generate personalised product recommendations. As such, it saves people time on research.

Wan Ahmad Najib Wan Ahmad Lotfi, FWD Takaful’s Chief Strategy and Digital Distribution Officer, said, “Many people are unaware of the different factors that determine their financial protection needs. Moreover, while most people know the importance of financial protection, they’re unsure about which coverage would suit them best.As part of our ongoing efforts to build a digital-led ecosystem, YPC aims to provide people with AI-driven insights. Therefore, they can make more informed decisions on the protection coverage they need.”  

What’s more, those who use YPC can save up to 30% on their first month’s contribution if they participate in the takaful plans that are recommended to them.

To find out more about Your Protection Calculator, visit kitatakaful.com/yourprotectioncalculator. Alternatively, call 1300 13 7988 or email contact.my@fwd.com for more information.

About FWD Takaful Berhad

FWD Takaful Berhad (“FWD Takaful”) is a takaful provider in Malaysia that offers family takaful services. FWD Takaful is licensed under the Islamic Financial Services Act 2013 and is regulated by Bank Negara Malaysia. FWD Takaful is a takaful business unit of FWD Group.

For more information, please visit fwd.com.my.

About FWD Group

FWD Group (“FWD”) is a pan-Asian life insurance business with approximately 10 million customers across 10 markets, including some of the fastest growing insurance markets in the world. Established in 2013, FWD is focused on making the insurance journey simpler, faster and smoother, with innovative propositions and easy-to-understand products, supported by digital technology. Through this customer-led approach, FWD is committed to changing the way people feel about insurance and takaful.

For more information, please visit fwd.com.

For media enquiries, please email media.my@fwd.com.

Source: FWD Takaful Berhad

FOR MORE INFORMATION PLEASE CONTACT:
Name: Jacleen Martin
Brand, PR & Communications, Marketing
Email: jacleenjacinta.martin@fwd.com

Name: Aslinda Aminuddin
PR & Communications, Marketing
Email: aslinda.aminuddin@fwd.com  

–BERNAMA