Maekyung Media Group invites startups to join the ‘Extreme Tech Challenge (XTC),’ the world’s largest startup contest for entrepreneurs addressing global challenges. Any startups that can help achieve the United Nations 17 Sustainable Development Goals (SDGs) such as energy, food, climate change with their base in Korea and the ASEAN region can sign up for a round in Korea until August 19. Top 10 startups can make their pitch during the upcoming 21st World Knowledge Forum and Try Everything at The Shilla hotel in Seoul on September 19. The two finalists will compete in the Global Finals round next year in Paris.For more information about signing up, please scan the QR Code or contact +82 2 2000 2991.
[Graphics by Song Ji-yoon] This year’s World Knowledge Forum will present a direct solution to the COVID-19 pandemic as business leaders in the biopharmaceutical industry and heads of international bodies gather together to discuss fundamental approaches to the crisis, including the development of treatments and vaccines against the virus. From the Korean business circle, Celltrion Group Chairman Seo Jeong-jin, who is going all out to develop a COVID-19 cure, will participate in the forum. Celltrion recently started a clinical trial of a candidate antibody to treat COVID-19 patients in Korea and in the U.K. The company plans to start commercial production of the regimen from September ahead of marketing approval. Seo will present development process and timetable on commercialization of the drug. International Vaccine Institute (IVI) Director General Dr. Jerome Kim and Gavi Chief Executive Officer Dr. Seth Berkley will join the World Knowledge Forum as they represent the world’s efforts to tackle the COVID-19 pandemic by developing and distributing an effective vaccine. Seoul-based IVI, the world`s only international organization devoted exclusively to developing and introducing vaccines for the world’s poorest people, is leading international solidarity for vaccine development. Gavi, the Vaccine Alliance, a non-governmental international organization created in 2000 to improve access to vaccines for children living in the world’s poorest countries, is also planning for distribution of future COVID-19 vaccines. Both organizations are front runners in global efforts to develop a COVID-19 vaccine, as mentioned in a recent letter sent from Microsoft founder Bill Gates to President Moon Jae-in. Another person under the spotlight is Dr. Meng Xiang-Jin, a professor at Virginia Polytechnic Institute & State University, who has studied a COVID-19 vaccine. He is a renowned authority in the field of infectious disease viruses from animals. By Yoon Won-sup and Minu Kim[ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved]
Pay subscribers will be able to watch the sessions at the 21st World Knowledge Forum, Asia’s largest annual business agenda event hosted by Maekyung Media Group, throughout the year by downloading the app which would be available from next week. Pay subscription starts from 9:00 a.m. on September 7. The sessions will be live-streamed on a webinar platform to invite lively discussions and brainstorming or networking with registered guests. All sessions will also be available for replay on the platform until the end of the year. [ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved]
[Graphics by Song Ji-yoon] Blackstone and BlackRock chief executives would be some of the Wall Street big shots contributing their views on the post-pandemic global economic order at the World Knowledge Forum in Seoul next month. The World Knowledge Forum is the biggest business conference in Asia hosted by South Korea’s leading business media Maekyung Media Group. This year’s theme is “Pandenomics Perspective: Shaping New Global Symbiosis,” with leaders from political, economic and academic circles around the world to discuss some of the most pressing global issues raised by the COVID-19 pandemic. The event, now in its 21st year, is scheduled for Sept. 16-18 in central Seoul. Stephen Schwarzman, chairman and CEO of Blackstone, will expound on the upcoming U.S. presidential elections, U.S. economic policies and America’s escalating hegemonic rivalry with China. Schwarzman co-founded Blackstone in 1985 and grew it into the world’s largest private equity firm with $564 billion assets under management, equivalent to one-third of Korea’s gross domestic product. Blackstone is not only a global leader in private equity but also the largest property owner in the world, with significant holdings in real estate. Schwarzman is regarded as one of the few business leaders to have the ear of U.S. President Donald Trump. As a long-time friend of Trump, he has provided outside counsel and briefly served as chairman of Trump`s Strategic and Policy Forum. Another Wall Street heavyweight to join the September conference is Laurence D. Fink, chairman and CEO of BlackRock, who will assess the pandemic’s impact on the global economy as well as share his asset allocation strategy in the age of great uncertainty. Fink and seven other partners founded BlackRock in 1988 under the umbrella of Schwarzman’s Blackstone, which put up the initial capital. BlackRock decided to go out on its own in 1995 following an internal dispute between Fink and Schwarzman over compensation and equity issues. Under Fink’s leadership, BlackRock has grown into the world’s largest asset manager with $7.32 trillion of assets under management as of end-June. Fink started his Wall Street career at the investment bank First Boston, where he lost $100 million in bond investment, an experience often cited as a pivotal moment that motivated Fink to become a leading expert on risk management. Robert W. Lovelace, vice chairman of Capital Group Companies, is expected to talk about industrial trends and investment opportunities post COVID-19. Lovelace has served more than 35 years at Capital Group, helping it become the world’s leading player in the active fund category. Capital Group had $1.99 trillion in assets under management as of end-June and holds stakes in several major Korean corporations. Amundi CEO Yves Perrier, a towering figure in European financial markets, would be sharing his insights on post-Brexit investment opportunities. Amundi is Europe’s largest asset manager, with more than 1.53 billion euros ($1.79 billion) of assets under management. It was founded in 2010 as the result of a merger between the asset management subsidiaries of Credit Agricole and Societe Generale, two of France’s largest banking groups. By Yoo Joon-ho and Kim Hyo-jin
Global entrepreneurs will give tips and strategies that can help companies survive through the uncertain period amid the prolonged pandemic and continued trade and diplomatic rows between the world’s superpowers the U.S. and China at the 21st World Knowledge Forum in Seoul next month. Asia’s largest budget carrier AirAsia Group CEO Tony Fernandes will introduce the company’s new business strategy to ride out the unprecedented crisis in the global aviation industry that has taken the biggest hit from COVID-19. The company is in the middle of shifting its focus to non-airline businesses to become a travel and lifestyle platform that offers various travel-related services like hotel and tour packages to consumers after worldwide air travel has come to a halt due to border closures following the COVID-19 outbreak. Bernard Charles, vice chairman of the board and CEO of Dassault Systemes, will speak on how the virtual reality extends and improves the real world, and applications of 3D technologies in response to a future pandemic situation. The head of a French software company renowned for 3D design and digital mock-up will share the biosimulation technology to evaluate the safety of a drug candidate and speed up clinical trials based on massive data collected. Andre Calantzopoulos, CEO of Global leading tobacco company Philip Morris International (PMI), will contribute his expertise with the company’s achievements in heat-not-burn products. Its goal is to replace cigarettes with its smoke-free products and to make it real, the company has invested more than 8 trillion won ($6.74 billion) and hired a number of scientists. Kim Byeong-do, professor at Seoul National University, will join the discussion to lead a Q&A session. Under the title of “Pandemics Perspective: Shaping New Global Symbiosis,” the 21st World Knowledge Forum will be held from September 16 to 18 at Jangchung Arena and Shilla Hotel in central Seoul with both online and offline sessions. By Yoo Joo-yeon and Lee Ha-yeon