Webtel.mobi to Announce Details of Potentially Sector-Influencing Facilities, in the Coming Weeks

WM’s Suite of Products includes multiple Facilities potentially influencing a number of sectors – including some of the most valuable worldwide

Tel.mobi Group’s TUVs

Examples of Tel.mobi Group’s TUVs in relation to a variety of currencies – CHF, EUR, GBP and USD’

ST PETER PORT, Guernsey and NEW YORK, Sept. 24, 2021 (GLOBE NEWSWIRE) — Webtel.mobi (“WM”) – the Global Telephony Company that recently announced its recommencement of unrestricted global operations – is in the process of making details of the various facilities in its product suite publicly available.

WM recently issued releases regarding its TUV Digital Currency, its TUV Digital Currency Transfers Facility and its ICLM Transfers Facility, the capacities of which render current Cryptocurrencies redundant, supersede the requirement for CBDCs and provide two fully operational alternatives to the SWIFT system and other international and national transfers systems.

These are, however, only three of the more than 40 Facilities within WM’S product suite that have the potential to provide strategic impact or sector-influencing impact, across some of the largest markets in the world by volume and value.

In the coming weeks, WM will announce details on how its Facilities will influence the Global Offline Payments sector, the Global Online Payments Sector, the Global FX Market, and various other markets.

In order to create a system in which Digital Currencies could function on a global basis – and in a manner that did not infringe of the currency sovereignty and monetary policies of Central Banks or States – WM spent nine years testing and refining its system in fully-operation, but restricted, global operations.

It then took down its Platform 1, via which it executed its testing, and rebuilt from scratch its refined Platform 2 – to carry out unrestricted global operations. Platform 2 – which took three years to rebuild – incorporates all of the lessons learnt in the global testing, and is fully compliant with all regulations applicable to a telephony company in the ITSP sector, that provides services to a members-Only Closed-Loop system.

WM’s Platform 2 is powered by an Artificial Intelligence system known as an Adaptive Complex System. The Adaptive Complex System – referred to as “HAL” within WM – exponentially amplifies WM’s capacities across all operational, management, administered and expansion aspects of its business.

WM expands its business worldwide by means of Affiliates – known as VSMPs or Virtual Specialized Mobile Providers. It provides existing companies or entities with their own versions of WM at zero cost and zero personnel, and with zero marketing or support requirements from them. It also provides them with 10% of the net revenue from their Affiliate. In return, the VSMPs sends or provides WM’s retail marketing directly to their existing client bases.

This program is known as the TEL.mobi Group Global Alliance – and, prior to even the recommencement of unrestricted global operations, companies, and other entities with cumulative over 288 million members had obtained VSMPs and become members of the TMG Global Alliance. Due to this methodology, WM does not ever have to execute expensive media or marketing campaigns to expand internationally. It rather expands exponentially through zero-cost co-operative marketing via the entities that acquire VSMPs.

WM had its entire system reviewed by the Levy Economics Institute and its Head of Research prior to it recommencing unrestricted global operations, and it has now made videos of an interview with the Head of Research at the Levy Economics Institute – Professor Jan Kregel – available for public review.

Media Contact:
Nick Lambert: wm@thoburns.com

Interview with Professor Jan Kregel on the WM System:
https://youtu.be/XYBrCikUhn8  (Full Interview (+/- 34 minutes)
https://youtu.be/J3BkZylb04s (Interview Extracts +/- 11 minutes)

Research Reports on the WM Global Clearing System:
https://tinyurl.com/TUVresearch

The TEL.mobi Group Global Alliance:
https://webtel.mobi/pc/info/tmg-global-alliance/

WM’s urls
https://webtel.mobi/pc (Tablets / Laptops / Desktops)
https://webtel.mobi (Smart Phones)
https://webtel.mobi/wap (Pre-Smart Mobile Phones)

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/dbdd2338-6a70-456a-a005-eb89be0c5a21

https://www.globenewswire.com/NewsRoom/AttachmentNg/170c36ce-351c-4a58-93ef-7bc67619e4b9

https://www.globenewswire.com/NewsRoom/AttachmentNg/32639e88-fa74-408e-aa7a-7e832b04b5b1

https://www.globenewswire.com/NewsRoom/AttachmentNg/a0e6ea0c-f379-49a3-a000-c606282a0c38


AKWEL: NET EARNINGS OF €38 M IN H1 2021

        Thursday 23 September 2021

NET EARNINGS OF €38 M IN THE H1 OF 2021

AKWEL (FR0000053027, AKW, PEA-eligible), the automotive and HGV equipment and systems manufacturer specialising in fluid management and mechanisms, published its 2021 half-yearly results.

Consolidated data – in € millions 30.06.2021 30.06.2020 Var. in %
Revenue 487.6 387.0 +26.0%
EBITDA 64.7 60.0 +7.9%
Current operating income 50.0 24.3 +105.8%
Current operating margin 10.3% 6.3% +4.0 pts
Operating income 50.7 25.3 +100.9%
Financial income (0.6) (1.0) -36.8%
Net result (group share) 38.0 20.2 +88.1%
Net margin 7.8% 5.2% +2.6 pts

In the first half of 2021, AKWEL recorded consolidated revenue of €487.6 m, up 26.0% on 2020 and 33.7% at a constant scope and exchange rates, but it is still down nearly 14% compared to the same period of 2019. The Group’s business was adversely affected – like the sector as a whole – by major supply difficulties in commodities and electronic components.

EBITDA reached €64.7 m, up 7.9%, and current operating income more than doubled to €50.0 m. The net income Group share was €38.0 m, up €88.1%.

Free cash flow generation remained strong at €44.4 m compared to €51.5 m in the first half of 2020.

In a context of reduced visibility on market, AKWEL expects at best a slight increase in its activity over the financial year as a whole compared to 2020, but significantly down versus 2019. Operating profitability is expected to decline in 2021, adversely affected by production disruptions and increases in costs related to supply problems.

Confident in the solidity of its model and the relevance of its strategic choices, AKWEL will continue its investments in commercial development and new mobility solutions, particularly electric and hydrogen, and continue to roll out its partnership with Tallano on braking particles.

An independent, family-owned group listed on the Euronext Paris Stock Exchange, AKWEL is an automotive and HGV equipment and systems manufacturer specialising in fluid management and mechanisms, offering first-rate industrial and technological expertise in applying and processing materials (plastics, rubber, metal) and mechatronic integration.

Operating in 20 countries across every continent, AKWEL employs almost 10,500 people worldwide.

Euronext Paris – Compartment B – ISIN: FR0000053027 – Reuters: AKW.PA – Bloomberg: AKW:FP

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Pricing of CNH Industrial Capital Canada Ltd. CAD$ 300 million notes

London, September 23, 2021

CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced that its indirect wholly owned subsidiary, CNH Industrial Capital Canada Ltd., has priced CAD$ 300 million in aggregate principal amount of 1.50% notes due October 1, 2024, with an issue price of 99.936%. The notes are being offered on a private placement basis to certain accredited investors in each of the provinces of Canada, which offering is expected to close on September 28, 2021, subject to the satisfaction of customary closing conditions.

CNH Industrial Capital Canada Ltd. intends to add the net proceeds from the offering to its general funds and use them for working capital and other general corporate purposes, including, among other things, the purchase of receivables or other assets in the ordinary course of business. The net proceeds may also be applied to repay CNH Industrial Capital Canada Ltd.’s indebtedness as it becomes due.

The notes, which are senior unsecured obligations of CNH Industrial Capital Canada Ltd., will pay interest semi-annually on April 1 and October 1 of each year, beginning on April 1, 2022, and will be guaranteed by CNH Industrial Capital LLC, CNH Industrial Capital America LLC and New Holland Credit Company, LLC, each an indirect wholly owned subsidiary of CNH Industrial N.V.

The securities offered in the private placement have not been and will not be qualified for sale to the public under applicable securities laws in Canada and, accordingly, any offer and sale of the securities in Canada will be made on a basis which is exempt from the prospectus requirements of such securities laws.

The securities offered in the private placement have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or applicable state securities laws. Accordingly, the securities may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any of these securities, nor shall there be any sale of these securities, in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful. This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act.

 Contacts:

Corporate Communications

Email: mediarelations@cnhind.com

Investor Relations

Email: investor.relations@cnhind.com

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HCM City receives over 200 million VND from businesses for COVID-19 fight

Ho Chi Minh City has received 1 million rapid test kits worth more than 200 billion VND (8.8 million USD) donated by a number of businesses to help the city in COVID-19 control.

Sovico Group, HDBank and Vietjet Air offered the support to join hands with the city in implementing a fast testing campaign on all residents to define “green zones”.

At a ceremony to receive the donation on September 23, Standing Vice President of the city Vietnam Fatherland Front Committee Nguyen Thanh Trung highly valued the social responsibility of the firms. He pledged that the city will distribute the medical supplies promptly, contributing to quickly pushing back the pandemic and resuming normal situation in the city.

Since July 1, the city’s committee for raising, receiving and distributing fund for COVID-19 prevention and control has received over 2.1 trillion VND (92.47 million USD) in cash, essential goods, medical supplies and medicine from 179 individuals, businesses and organisations inside and outside the country.

The committee has so far distributed over 825 billion VND in cash and more than 322 billion VND worth of goods to COVID-19 prevention and control activities in the city.

Source: Vietnam News Agency

Vietnam thrash Maldives 16-0 at AFC Women’s Asian Cup qualifiers

Vietnam trounced Maldives 16-0 in their first match held on September 23 at the qualifying round of the 2022 AFC Women’s Asian Cup.

Nguyen Thi Thanh Nha opened the scoreboard for Vietnam in the 11th minute, followed by an own goal by a defender of Maldives.

The first half ended with Vietnam taking a five-goal lead.

Although head coach Mai Duc Chung made various substitutions after the interval, Vietnam piled on 11 more goals to register their highest ever score at international level. Vietnam will play the hosts Tajikistan on September 29.

As Afghanistan have officially withdrawn, only three teams remain in Group B.

Only the top team from each group will advance to the finals. The Asian Cup is also a qualification for the 2023 World Cup.

Source: Vietnam News Agency

Teleconference between Government, businesses to take place this weekend

A teleconference between the Prime Minister and the business community, localities will take place in Hanoi on September 26 to discuss support for enterprises amid COVID-19 pandemic, reported the Vietnam Chamber of Commerce and Industry (VCCI).

The event will be co-hosted by the VCCI, the Ministry of Planning and Investment, the Government Office and people’s committees of centrally-run cities and provinces.

Data from the General Statistics Office (GSO) showed that in August, the number of firms leaving the market was higher than newly-established ones. In eight months of this year, there were 81,600 newly-established firms but up to 85,500 left the market.

Among those leaving the market, 43,200 firms suspended their operations for a fixed period, up 25.9 percent. Other 30,100 waited for and 12,200 completed business dissolution procedures, marking a respective increase of 24.5 percent and 17.8 percent. On average, nearly 10,700 companies left the market each month.

The GSO also reported that the numbers of new firms and workers, and registered capital in August decreased markedly year-on-year.

As of September 24, the VCCI received suggestions from over 100 business associations and hundreds of firms regarding response to the pandemic. Based on them, the VCCI will make a report to submit to the event.

Earlier on September 17, the VCCI debuted the Business Cooperation Council in response to COVID-19 to offer the quickest support to business community. The council has launched the website https://covid19.vcci.com.vn and put into operation an online platform where firms could report their difficulties and offer proposals to the Government and localities.

Business associations or firms could register for a member of the council via the website and send recommendations to the event so that the VCCI could collect them and report to the PM and agencies concerned.

Source: Vietnam News Agency

FM busy with bilateral meetings on sidelines of UN General Assembly’s 76th session

Minister of Foreign Affairs Bui Thanh Son on September 23 (local time) held a number of bilateral meetings with his foreign counterparts on the sidelines of the United Nations General Assembly’s 76th session in New York.

At a meeting with Foreign Minister of Qatar Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, Son highlighted the progress of and high potential in bilateral trade, suggesting that the two sides work more closely together to prepare for the third meeting of the bilateral Joint Committee and the second Political Consultation. He also proposed that Qatar strengthen cooperation with Vietnam in energy and liquefied gas supply, while continuing to receive more Vietnamese workers to work in the oil and gas sector.

Meeting Belarusian FM Vladimir Makei, the Vietnamese official underlined the need to further foster bilateral collaboration, especially in economy and trade. He proposed that both sides maintain the exchange of delegations at all levels, and asked for Belarus’s support to Vietnam’s running for a seat at the United Nations Human Rights Council in the 2023-2025 tenure.

During a discussion with his counterpart from Côte d’Ivoire Kandia Kamissoko Camara, Son affirmed that Vietnam attaches importance to strengthening ties with traditional friends in Africa, including Côte d’Ivoire. He suggested that the two countries bolster cooperation in agriculture, trade, coffee industry, farm produce processing and mining.

At a meeting with Cameroon’s FM Lejeune Mbella Mbella, the Vietnamese FM said that both sides should further promote trade and agricultural partnership, while asking Cameroon to support and create favourable conditions for Vietnamese businesses to invest and operate in the country.

Meeting Deputy Prime Minister and FM of Congo Christophe Lutundula, Son stressed that Vietnam hopes to expand and enhance partnership with African partners, including Congo. He underscored that Vietnam is willing to send agricultural experts to support Congo and suggested that the two countries increase coordination to mark the 60th anniversary of bilateral relations (1961-2021), while maintaining the exchange of delegations, fostering cooperation in agriculture, mining, health care and education-training, as well as collaboration at the UN and international organisations. Son asked for Congo’s support in setting up relations with the American Union (AU).

During his meeting with UN Under-Secretary General and UNDP Administrator Achim Steiner, Son highly valued the positive and effective assistance from the UNDP to Vietnam, and welcomed the UNDP prioritising cooperation in poverty reduction, post-crisis management and recovery, and clean and green energy development.

He said that the UNDP’s cooperation programmes should suit orientations given in the socio-economic development strategy of Vietnam in the 2021-2030 period. He expressed his hope that the organisation continue to give policy consultation to Vietnam, initially in COVID-19 adaptation and post-pandemic recovery and development.

Steiner showed a hope that Vietnam will strengthen cooperation with the UNDP in sharing experience with other countries, pledging that the UNDP is willing to work with Vietnam in green growth, institution modernisation, innovation promotion, and climate change response.

Also on September 23, FM Son also attended the ASEAN-US Conference held in both in-person and virtual formats, during which he welcomed the US’s active and responsible contributions to peace, stability and cooperation in the region, and highly valued its helpful support to ASEAN countries in the COVID-19 fight. He proposed that the US continue to prioritise the provision of COVID-19 vaccines to ASEAN members.

The same day, Deputy FM Dang Hoang Giang attended the Ministerial Meeting of the Alliance for Multilateralism. He called on the international community to focus on COVID-19 vaccine production, handing over and presenting the vaccines to the COVAX Facility, eliminating all trans-border barriers against vaccine supply, and strengthening cooperation in vaccine production and tecnology transfer, considering vaccines as a common asset of the world.

Giang proposed the increase of international collaboration in ensuring all countries’ access to oxygen supplies, test kits, medicines as well as opportunities to enhance their capacity in detecting and controlling new variants of SARS-CoV-2.

He also underlined the significance of strengthening the exchange of experience in post-pandemic rebuilding, assisting and accompanying developing countries in improving their resilience in health care, economy and environment as well as economic recovery and development towards green, sustainable and more inclusive development, ensuring that no one is left behind.

Source: Vietnam News Agency

Binh Thuan province makes progress in fighting IUU fishing

The south-central province of Binh Thuan found no cases of illegal, unreported and unregulated (IUU) fishing by local farmers from July 2019 to mid-2021, heard a conference on September 24.

Nguyen Van Chien, Deputy Director of the provincial Department of Agriculture and Rural Development, said local authorities have paid attention to preventing IUU fishing, particularly fishing vessels’ illegal exploitation in foreign waters, over the past time.

Apart from enforcing the 2017 Law on Fisheries, Binh Thuan has drastically carried out the communication work to raise farmers’ awareness of relevant regulations, the official said.

The province has focused on implementing recommendations of the European Commission (EC) regarding the installation of Vessels Monitoring System (VMS) on boats, and supervising fishing activities at sea and ports.

Delegates at the conference discussed obstacles in combating IUU fishing, and countermeasures.

Nguyen Van Phong, Vice Chairman of the provincial People’s Committee, said border guards need to closely coordinate with law enforcement agencies, and the Department of Agriculture and Rural Development to verify and handle violations.

All of the targeted fishing boats must be equipped with the VMS, he requested.

Source: Vietnam News Agency