KazNARU wins patent for developing new varieties of “kurt”

Researchers at the Laboratory for Food Products Technology of the Kazakh National Agrarian Research University (KazaNARU) have developed new varieties of traditional dry cottage cheese called, “Kurt”. It can be made from cow, goat, or camel’s milk. It is concentrated sour milk (kayak) and has been in use in the Central Asian region for centuries. Nomadic tribes developed “Kurt” to preserve milk for a long period of time. In its new form, they could carry milk on their long journeys on horseback.

Recently, we visited the Laboratory for Food Product Technology at KazNARU Agro-Tec Hub where Professor Dr. Yerenova Bibipatyma showed us the new varieties of ‘Kurt” that their team has developed. Professor Yerenova informed us that the University has a patent for the new varieties of “Kurt” which it has developed after analyzing the health benefits of adding new content to “Kurt”.

“Kurt is a unique product that contains a large number of vitamins, proteins, fats, and carbohydrates. Microorganisms that are present in fermented milk products increase their biological value, calcium speeds up metabolism and strengthens bone tissue, vitamin A improves the functioning of the visual system, vitamin E helps to saturate the body with oxygen, reduces the aging process of cells, vitamin D helps reduce the likelihood of cancer cells,” said the Professor.

Scientists at the KazNARU Innovation Center for Technology and Food Quality have developed a component composition and a method for producing “Kurt” from cow, camel, goat, and sheep milk with the use of enriching additives of plant origin. The uniqueness of the newly developed “Kurt” by KazNARU lies in the use of enriching additives of plant origin (blackcurrant, raspberry, sea buckthorn, spinach juice, spirulina extract), which provide high nutritional and biological value and long shelf life.

Professor Yerenova says that the inclusion of blackcurrant juice in “Kurt” provides antimicrobial, neuroprotective, hypotensive, immunomodulatory, and diaphoretic effects of varying severity, as well as powerful anti-radiation, antioxidant and anti-inflammatory properties that can be useful in the prevention and treatment of cancer.

Blackcurrant is rich in vitamins C (0.25%), B1 (0.2%), B6 ​​(0.4%), and E (0.7%), due to the high concentration of ascorbic acid, said Professor Yerenova.

Blackcurrant juice gives the new “Kurt” an attractive light purple color with a lilac tint, a delicate aroma, slightly sweet and sour taste.

Raspberry juice addition to “Kurt” is another innovation. Raspberry is known for lowering the level of carcinogens in the body, it’s good for our liver, activates metabolism, and may help in lowering blood sugar. Raspberry juice gives Kurt an attractive rich purple-pink color, a pleasant aroma, and a delicate sweet aftertaste.

Another variety of KazNARU “Kurt” contains sea buckthorn juice, which has a juicy color and aroma. Sea buckthorn can be useful for gastric and duodenal ulcers as it helps in reducing acidity in the stomach. Sea buckthorn may also help in cancer prevention, lowering cholesterol levels and strengthening immunity.

The sea buckthorn juice gives “Kurt” an attractive and rich natural pale orange color with a predominance of sea buckthorn aroma, light sea buckthorn sourness harmonizes with the traditional milky taste.

A variety of KazNARU “Kurt” contains spinach, which has a high content of iron and several health benefits. “Kurt” enriched with spinach juice, has an attractive appearance, an unusual color – light green, and an unobtrusive aroma with a pleasant aftertaste.

Yet another variety of KazNARU “Kurt contains spirulina extract as an enricher. Spirulina has a large amount of the blue pigment phycocyanin, the only known substance that can stop the growth of cancer cells. Spirulina is a safe marine microalga that provides enriched nutrient soil to maintain optimal health and well-being and is an essential element in the prevention and comprehensive treatment of diseases of the heart, blood vessels, digestive system, anemia, thyroid, liver, and kidney pathologies.

Kurt with spirulina extract acquires a rich dark green color without a specific smell and taste.

Under the method developed at KazNARU laboratory, “Kurt” is dried in a ventilated room at a temperature of 20-25°C and a relative humidity of 60-65% for 36 hours. Under optimal conditions, the new compositions of “Kurt” can be stored for more than 24 months without any particular loss of consumer properties since the absence of sucrose and an abundance of acidic compounds creates an unfavorable environment for various microflora.

KazNARU experts believe that once it receives the certification, KazNARU “Kurt” will be ready for industrial production and exports.

Sustainability should be everybody’s business

Dr Katell Le Goulven, Executive Director, Hoffmann Global Institute for Business and Society, INSEAD

Sustainability is the big buzz in business right now. It seems every company has a sustainability strategy and is going green. Yet by almost all major indicators, there has been little progress towards the global Sustainable Development Goals, or SDGs.

In September 2022, UN Secretary-General Antonio Guterres addressed the General Assembly and issued an SOS for the SDGs, saying “Even the most fundamental goals – on poverty, hunger and education – are going into reverse”. The climate is increasingly unstable, loss of biodiversity is staggering, and extreme weather is accelerating.

Building resilient communities and vibrant economies on a healthy planet requires a common understanding of sustainability. It also requires action by all. In this area, higher education can help make sustainability everybody’s business.

Defining Sustainability

The term sustainability was coined by the World Commission on Environment and Development in 1987. The WCED Brundtland Commission Report defines sustainable development as “development that meets the needs of the present without compromising the ability of future generations to meet their own needs”.

There are two important aspects of this definition. First, sustainability is a process, not a destination. It is a cycle of adaptation, learning and action.

Second, sustainable development is not simply environmental protection. Sustainability is about understanding interconnections between the economy, society and the natural environment and working towards positive outcomes for all three.

In 2015, governments set out a global agenda for sustainability by adopting the Paris Agreement on climate change and the SDGs.

Enabling Action

The process of defining the SDGs revealed the importance of engaging the private sector to shape the agenda and lead in implementation. It also helped make the business case for sustainability.

Since 2015, a growing number of companies have adopted the framework and announced commitments to the goals. Investment in sustainable assets that align with the SDGs is also growing.

From public universities to private schools, higher education must align with this shift. Every school has a responsibility to prepare the next generation of leaders so they understand sustainability challenges, are equipped to addressed them and find their own opportunity in the sustainability space. Academia is uniquely positioned to provide evidence-based insights needed by decision makers to transform their organizations and lead progress towards the SDGs.

In 2018, INSEAD launched the Hoffmann Global Institute for Business and Society to integrate sustainability in the school. With the most MBA graduates per year and over 60,000 alumni and business leaders, INSEAD saw an opportunity for big impact by aligning the business school for the world with the SDGs.

Many business schools are getting on this path. Sustainability is gaining traction in the broader management education ecosystem. Higher education accreditation, ratings, rankings and reporting standards are all considering sustainability components.

Making Progress

While this progress is positive, as the UN Secretary-General points out, efforts must accelerate. Now is the moment to make sustainability everyone’s business across the entire higher education ecosystem.

The Hoffmann Institute can share insights from our efforts to integrate sustainability into knowledge, teaching, external engagement and how the school walks the talk. There were challenges along the way and we still have some work to do, but we have made progress.

INSEAD now has sustainability champions in all nine academic areas. The school is integrating sustainability into the core MBA curriculum. Alumni are aligning behind business as a force for good. The school has set out plans for gender balance and carbon emission reductions.

In research, the Hoffmann Institute increased funding for responsible research to give leaders tools to make responsible decisions. This research is shared on INSEAD Knowledge, at responsible research conferences and in fora such as the World Economic Forum and ChangeNOW, where we hear the need for new, more sustainable business models.

In the classroom, teaching business and society through practical experiences has proven successful. For example, our Master Strategy Day brings real-world challenges faced by social impact organizations into a student-led competition to provide solutions. Part of the core curriculum, every student gets hands-on experience applying business strategy to a sustainability challenge.

Engaging alumni and peers around sustainability can multiply results. Alumni-led INSEAD Community Impact Challenges brought together 8,000 people from over 100 countries to reduce single-use plastic consumption, change food habits and move towards net zero. Joining forces with seven other European business schools through the Business Schools for Climate Leadership initiative aggregated knowledge in a practical toolkit for alumni and leaders.

Integrating sustainability in school operations also mattered, not least for learning purposes. INSEAD developed an action plan to reduce greenhouse gas emissions across campuses on three continents that serves as business case for students and alumni.

Overcoming Challenges

We have faced challenges in these efforts. We learned that change in academia takes time while students want to see immediate adjustments. Partnering with clubs to develop extra-curricular activities such as our annual SDG week to bring latest sustainability practices on campus helped.

Using the governance structures of the school — channeling our funding for research through the school’s Research and Development Committee for instance — ensured that we would not develop a parallel structure that would side-line sustainability.

Engaging faculty on every front is needed to embed sustainability deeply in educational institutions. This is also true for changes in operations. Faculty involvement in the analysis and decision making of our carbon reduction strategy facilitated its adoption and brought many learning outcomes across our community.

Business schools also face the challenge of teaching the transformation away from shareholder capitalism. It takes a strong message of business as a force for good. Commitment from the top and buy in from senior leadership are essential and must be reflected in the sustainability strategy.

Now is a moment for bold leadership by business schools, universities and all institutions of higher education. Sustainability at the core of higher education can help deliver a stable, secure and prosperous future for all. Let’s work together and learn from each other’s efforts to make sustainability everybody’s business.

This article was from the 2023 Sustainability Rankings Higher Ed report. Download the full edition.

Sunway University, Hungarian universities promote transnational education

Sunway University recently collaborated with the Embassy of Malaysia, Hungary at the Universities of Nyiregyhaza, Miskolc and Debrecen to promote opportunities for transnational higher education. Memorandum of Understanding (MoU) were signed between Sunway University and three Hungarian Universities, paving the way for educational cooperation in the fields of sustainable development, business, cross cultural communication, research and exchanges.

Professor Stephen J Hall, Dean, School of Interdisciplinary Studies and Associate Professor Tamas Kiss, Centre for English Language Studies from Sunway University were physically present at all the signings. The signings were witnessed by the Malaysian Ambassador to Hungary, Francisco Munis. Diplomatic relations between Hungary and Malaysia were established in 1969, with Malaysia establishing an embassy in Budapest since September 1993. “Malaysia is a popular destination for students from many countries around the world to study at the country’s universities,” said Francisco Munis, Malaysia’s ambassador to Hungary.

The importance of sustainability, education for global competencies and effective cross- cultural communication was a theme at discussion and planning after all three MOU signings. Presentations about Sunway as well as seminars on Malaysia and Malaysian culture; Manglish and International English and Identity, adaptability, creativity were shown to Hungarian academics and students. Hungarian students from all three Universities and Sunway University students are currently engaged with shared online cross-cultural projects, as part of Sunway University Centre for English Language Studies (CELS) Communication Skills.

Professor Stephen J Hall said, “Applying globally relevant skills depends on building cross-cultural competencies. In an increasingly digital world such competencies need to be developed through cross cultural education such as we are developing in collaboration with our Hungarian partners”.

In Hungary, higher education institutions are equally committed to broadening their international relations, said Dr Magda Ajtay-Horvath, University of Nyiregyhaza. This was echoed by Dr Agnes Magnucz-Godo, University of Miskolc, who said that the cooperation provided “a framework to organise joint projects and share experience and expertise concerning good practices in the two institutions”. Dr Balazs Venkovits from Debrecen University also applauded the joint projects as “excellent opportunities for students to improve their intercultural and communication skills, and to acquire an international experience”.

The collaboration has also been endorsed by Hungary’s Ambassador to Malaysia, Dr Petra Ponevács-Pana. She said: “In Hungary the internationalization of higher education has reached outstanding achievements. The Stipendium Hungaricum Scholarship program- established in 2014- is the flagship state project of the student mobility platform of Hungary, including 60 countries and 12,000 students around the world. As part of this programme, the Hungarian government offers 40 full time educational scholarships for Malaysian students at undergraduate, masters, and doctorate levels”.

TMU research team finds potential relationship between non-nutritive sweetener acesulfame potassium, uterine hypercontraction

Supported by the National Research Council provided through integrated project funding, Professor Shih-Min Hsia’s research team at the School of Nutrition and Health Sciences of Taipei Medical University has found a potential relationship between long-term exposure to the non-nutritive sweetener acesulfame potassium and uterine hypercontraction, particularly those induced by oxytocin, and reported the discovery in Molecular Nutrition and Food Research. In the study, it was demonstrated that an excessive intake of non-nutritive sweeteners containing acesulfame potassium may cause uterine hypercontraction and increase preterm risk, suggesting that pregnant women should avoid long-term consumption of processed foods containing artificial sweeteners.

Along with the development of the food industry, the demand for sugar has been gradually increasing. Due to their high level of sweetness and low cost, non-nutritive sweeteners are often used in the food industry as food additives. Previous studies have shown the consumption of non-nutritive sweeteners to be associated with a 1.2-fold increase in preterm births and a reduction in the gestational period by 0.11 weeks, but the effect of acesulfame potassium exposure on uterine contraction in pregnant women has not yet been studied.

Uterine hypercontraction is significantly triggered by the influx of calcium ions or oxytocin signaling pathway, which causes the contraction of uterine muscle bundles. The medical conditions caused by uterine hypercontraction include preterm labor risk, endometriosis, and menstrual pain, and consequent inflammatory responses can result in the secretion of cytokines and the aggravation of oxidative stress, which may lead to menstrual discomfort and a deterioration in life quality for women.

In the study, it was revealed that exposure to acesulfame potassium caused an upsurge in the concentration of calcium ions in uterine smooth muscle cells and calcium ion influx, which resulted in an increase in uterine contractions. In a long-term exposure experiment, the subjects were fed daily with an amount of acesulfame potassium equivalent to that contained in two cans of Coca-Cola Zero, as well as a tolerable daily intake via oral gavage for 8 weeks. The results showed that acesulfame potassium increased intrauterine pressure and oxytocin-induced contractions. In a further clinical collaboration, it was found in a cohort study that pregnant women with higher exposure to acesulfame potassium had a higher risk of preterm birth.

This study was the first to investigate the influence of non-nutritive sweeteners on pregnant women and confirm their effect on uterine hypercontraction with scientific evidence, alerting people with their life quality affected by uterine hypercontraction, such as those with menstrual pain, endometriosis, and pregnancy to the risk of long- term consumption of non-nutritive sweeteners.

Novel derivative of “love hormone” oxytocin improves cognitive impairment in Alzheimer’s

Alzheimer’s disease (AD), characterized by an accumulation of β-amyloid protein (Aβ) in brain tissue, is a leading cause of dementia. Researchers at Tokyo University of Science have previously reported on the oxytocin-induced reversal of impaired synaptic plasticity triggered by amyloid β peptide (25-35) (Aβ25-35). They now show that an oxytocin derivative with modifications to enhance brain perfusion can reverse Aβ25-35-induced cognitive impairment in mice.

The cognitive decline and memory loss observed in Alzheimer’s disease (AD) is attributed to the accumulation of β-amyloid protein (Aβ), which impairs neural function in the brain. Experimentation has shown that oxytocin, a peptide hormone primarily responsible for parturition, bonding, and lactation, also regulates cognitive behavior in the rodent central nervous system (CNS). This finding, along with the identification of oxytocin receptors in CNS neurons, has spurred interest in the potential role of oxytocin in reversing memory loss tied to cognitive disorders like AD.

However, peptides like oxytocin are characterized by weak blood-brain barrier permeability, and so can only by efficiently delivered to the brain via intracerebroventricular (ICV) administration. ICV, however, is an invasive technique which is impractical to implement clinically.

Delivering peptides to the CNS via intranasal (IN) administration is a viable clinical option. Prof. Chikamasa Yamashita at Tokyo University of Science recently patented a method to increase the efficiency of peptide delivery to the brain, by introducing cell-penetrating peptides (CPPs) and a penetration accelerating sequence (PAS) through structural modifications. Previous work had confirmed that both CPPs and the PAS benefit the nose-to-brain delivery pathway. Now, a group of researchers, led by Prof. Akiyoshi Saitoh and Prof. Jun-Ichiro Oka, leveraged this approach to prepare an oxytocin derivative: PAS-CPPs-oxytocin. Their findings were published online in Neuropsychopharmacology Reports on 19 September 2022.

“We have previously shown that oxytocin reverses amyloid β peptide (25-35) (Aβ25-35)-induced impairment of synaptic plasticity in rodents. We wanted to see if PAS-CPPs-oxytocin could be delivered more efficiently to the mouse brain for clinical application, and if it improved cognitive functional behavior in mice,” states Prof. Oka.

 

The group first developed an Aβ25-35 peptide-induced amnesia model by supplying Aβ25-35 to the mouse brain using ICV delivery. During the course of the study, the spatial working and spatial reference memories of these mice were evaluated using the Y-maze and Morris water maze (MWM) tests. After confirming that memory was affected in Aβ25-35-impaired mice, PAS-CPPs-oxytocin and native oxytocin were administered using the IN and ICV routes respectively, to see if learning and memory improved in the treated mice. Finally, the distribution of the IN-administered oxytocin derivative in brain tissue was profiled by imaging of a fluorescent-tagged oxytocin derivative.

The results of this study were quite promising! The tagged PAS-CPPs-oxytocin showed distribution throughout the mouse brain following its IN administration. While the ICV administration of native oxytocin improved test outcomes in both the Y-maze and MWM tests, the IN administered PAS-CPPs-oxytocin yielded memory improving effects in the Y-maze test. Hailing the team’s discovery, Prof. Oka says, “My team is the first to show that the oxytocin derivative can improve the Aβ25-35-induced memory impairment in mice. This suggests that oxytocin may help reduce the cognitive decline we see in Alzheimer’s disease.”

Why are these findings clinically useful? Prof. Oka explains the broader implications of their work, “The oxytocin derivative enters the brain more efficiently. Furthermore, since IN delivery is a non-invasive procedure, this modified version of the hormone could potentially be a clinically viable treatment for Alzheimer’s disease.”

Perturbing the Bernoulli shift map in binary systems

Researchers effectively tune the parameters of a perturbation method to preserve chaos in the Bernoulli shift map output

The Bernoulli shift map is a well-known chaotic map in chaos theory. For a binary system, however, the output is not chaotic and converges to zero instead. One way to prevent this is by perturbing the state space of the map. In a new study, researchers explore one such perturbation method to obtain non-converging outputs with long periods and analyze these periods using modular arithmetic, obtaining a complete list of parameter values for optimal perturbations.

Is it possible for a deterministic system to be unpredictable? Although counter-intuitive, the answer is yes. Such systems are called “chaotic systems,” which are characterized by sensitive dependence on initial conditions and long-term unpredictability. The behavior of such systems is often described using what is known as a “chaotic map.” Chaotic maps finds applications in areas such as algorithm design, data analysis, and numerical simulations.

One well-known example of a chaotic map is the Bernoulli shift map. In practical applications of the Bernoulli shift map, the outputs are often required to have long periods. Strangely enough, however, when the Bernoulli shift map is implemented in a binary system, such as a digital computer, the output sequence is no longer chaotic and instead converges to zero!

To this end, perturbation methods are an effective strategy where a disturbance is applied to the state of the Bernoulli shift map to prevent its output from converging. However, the choice of parameters for obtaining suitable perturbations lacks a theoretical underpinning.

In a recent study made available online on October 21, 2022 and published in Volume 165, Part 1 of the journal Chaos, Solitons & Fractals on December 2022, Professor Tohru Ikeguchi from the Tokyo University of Science in association with Dr. Noriyoshi Sukegawa from University of Tsukuba, both in Japan, have now addressed this issue, laying the theoretical foundations for effective parameter tuning. “While numerical simulations can tell us which values of the parameters can prevent convergence, there is no theoretical background for choosing these values. In this paper, we aimed to investigate the theoretical support behind this choice,” explains Prof. Ikeguchi.

Accordingly, the researchers made use of modular arithmetic to tune a dominant parameter in the perturbation method. In particular, they defined the best value for the parameter, which depended on the bit length specified in implementations. The team further analyzed the output period for which the parameter had the best value. Their findings showed that the resulting periods came close to the trivial theoretical upper bounds. Based on this, the researchers obtained a complete list of the best parameter values for a successful implementation of the Bernoulli shift map.

Additionally, an interesting consequence of their investigation was its relation to Artin’s conjecture on primitive roots, an open question in number theory. The researchers suggested that, provided Artin’s conjecture were true, their approach would be theoretically guaranteed to be effective for any bit length.

Overall, the theoretical foundations put forth in this research are of paramount importance in the practical applications of chaotic maps in general. “A notable advantage of our approach is that it provides a theoretical support to the choice of best parameters. In addition, our analysis can also be partially applied to other chaotic maps, such as the tent map and the logistic map,” highlights Dr. Sukegawa.

With distinct advantages, such as simplicity and ease of implementation, the Bernoulli shift maps is highly desirable in several practical applications. And, as this study shows, sometimes chaos is preferable to order!

 

 

Thammasat Puey Ungphakorn School of Development Studies strives to build strong communities toward sustainable development

Puey Ungphakorn School of Development Studies, Thammasat University, and the Community Organizations Development Institute (CODI) signed a memorandum of cooperation, with the School supporting academic and research work, while the CODI will support knowledge in community development works in all dimensions and all issues while various community organizations are more than ready to be our partners in the development of the goal to “build strong communities towards sustainable development where local communities possess a good quality of life and are self-reliant.”

Asst. Prof. Dr. Nitinant Wisaweisuan, Dean of the Puey Ungphakorn School of Development Studies, said that the school is pleased that the two organizations will closely work together in developing strong communities towards sustainable development where local communities possess a good quality of life and are self-reliant. The school is prompt to support the mission of the CODI for sustainable community development, and most importantly is to support academic services to develop the potential of organization leaders and personnel of the CODI through joint research including community and social development that will lead to social development innovation creation.

In addition, there are also various courses to promote the personnel of the CODI to pursue their study at the master’s degree level which leads to the development of personnel potential. The school also provides students the opportunity to conduct community research, then facilitate such knowledge as part of the study and be able to transfer the credits. The collaboration of the two agencies therefore will be jointly developing personnel from the youth level to local practitioners in order to foster a sustainable strong community. Apart from that, the school will coordinate with the private business sector and the government sector in designing a curriculum for developing a network of cooperation to support the work of community organizations in relevance to the school’s potential and expertise as well as supporting personnel to work together to strengthen the area. This is a crucial step for the two agencies to work together in academic services as a tool for achieving sustainable development goals.

In the event, there are also activities for students from the school to participate in and study the work process of the CODI in the development of the local communities using the concept of community organization as the core and area as the starting point, as well as the role of the community organization procession and driving the development work from the foundation which strive towards concrete development driving by using projects to improve the quality of life for low-income people in urban and rural areas as a tool and the power of the new generation through development work in the area, etc.

Thammasat researchers initiate “Mali-Sorn”, Thai app for sustainable agriculture

The “Mali-Sorn” application (https://farminsure.infuse.co.th/) focuses on building a cloud-based service software platform with an open interface for farmers as well as being an application service provider with special objectives in agricultural crop insurance with the inclusion of plot position information satellite image monitoring and photos from mobile phones, and also the use of advanced artificial intelligence technology to assist in image processing to specify the type and amount of damage of each agricultural plot.

Assoc. Prof. Dr. Teerayuth Horanon, Head of the “Mali-Sorn” project, said that in order to solve this problem, we plan to implement the use of AI and IoT technology in the form of sensors together with the analysis of remote sensing data in the modeling of agricultural processes on 5G networks in agricultural areas that were developed as part of the project. Primarily, we are considering image analysis from drone data and robot cameras to make the results meaningful and readable to farmers. When all the information is put together, we will gain insights into the characteristics of farmland as never before.

Farmers will be able to interact with the AI and ask questions. For example, track soil moisture readings and current weather conditions with correlation to crop diseases, the AI will be able to provide recommendations for action and display the results of different scenarios. A dashboard showing the current farmland and soil conditions will be displayed on your mobile or tablet. When clicking on a specific area, farmers will be provided with information on issues such as water shortages as well as advice on the best solution to deal with such issues.

Currently, “Mali-Sorn” has been in use for three years, and is able to help thousands of farmers who have been facing disaster but are not in disaster-declared areas. This reduces the process and shortens the time for reporting damage in which the application will be used to collect farmers’ data, pictures of damage from disasters, and the location of disaster sites. It also helps the relevant agencies to be able to review the information and perform comprehensive assistance to disaster-stricken farmers, the application “Mali-Sorn” is available for download both on Android and IOS systems at https://farminsure.infuse.co.th/#Download_App.

Thammasat students receive first prize in GrabSpark Business Plan Contest

GrabSpark Business Plan Contest under the topic “Driving Business Growth with Data in the Post-pandemic Era” is a platform for young people to show their potential and promote the use of business knowledge combined with new ideas in order to drive and foster business growth in the post-Covid era through the “GrabSpark” business plan contest held for the first time this year, the “Grob Grab Grob Grab” team received a plaque of honor with 50,000 Thai baht cash price.

A team of students from the Faculty of Commerce and Accountancy, Thammasat University, consists of Ms. Suchada Charoenkittitham, Ms. Pitchaya Wangpreedalertkul, Ms. Alin Saenchaichana, and Mr. Polawat Pornbenjaphakkul presents a business plan entitled “Wait and Pop, Pick and Drop”, which stands out for its idea of developing new features to further develop GrabMart’s services by using the service information as well as consumer behavior to analyze, study problems, limitations and find new business opportunities that help meet the needs of service users. At the same time, they have come up with a marketing plan that will help Grab’s driver-partners and merchants generate more revenue.

Ms. Suchada Charoenkittitham, a student representative from the Grob Grab Grob Grab team said, “We were all very excited and enjoyed this competition. Unlike other business planning contests, GrabSpark strongly focuses on studying and taking advantage of Big Data as it genuinely reflects the behavior of service usage and affects the business in real-time. It is an opportunity for us to practice and develop our skills in analyzing deeper and more accurate data. It also opened up new approaches from management’s recommendations. This allows us to see the perspective and visualization of the actual work in the Tech Company.

More importantly, joining the GrabSpark contest also made us learn that the concept of ‘creating shared value’ is very important. Businesses cannot grow sustainably if society does not grow along. Businesses cannot only think of profits, but it shall as well take into account the people in the business cycle and has to create positive changes for the wider society. It was a really impressive experience.

The Hong Kong Academy for Performing Arts confers Honorary Doctorate, Honorary Fellowships

The Hong Kong Academy for Performing Arts (the Academy) has conferred Honorary Awards on seven outstanding individuals in recognition of their remarkable achievements and contributions to the performing arts and cultural industry and also the development of the Academy.

The ceremony held on Oct 21, 2022 at the Academy Lyric Theatre was officiated by the Academy Council Chairman, Mr. Edward Cheng Wai-sun GBS JP. Academy Director, Professor Gillian Choa, expressed her heartfelt gratitude for the Honorary Awardees’ exemplary and valuable support to the Academy. Recipient of Honorary doctorate is Mr. Tang Shu-wing MH.

Recipients of the Honorary Fellowship are Mr. Keith Anderson, Ms. Chow Pui-wan, Ms. Wan Fai Yin Christina MH, Dr. Betty Peh-T’i Wei, Ms. Yip Wing-sie BBS JP and Mr. Yu Kwok-lit MH.