Tag: Member Of Parliament
BuildTech Asia 2022 Returns with First Physical Exhibition since Covid-19
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Themed "Connecting The Future of Asia's Built Environment", BTA 2022 will feature more than 120 physical and virtual exhibitors, 44 industry associations and partners from 16 participating countries. After two digital editions in 2020 and 2021, this year's hybrid event is expected to attract strong participation from representatives in key markets such as Malaysia, Australia, India, Indonesia, Cambodia, the Philippines and Korea - all of which have ongoing Vaccinated Travel Lane arrangements with Singapore.
In line with the Construction Industry Transformation Map (ITM) for the built environment sector launched in 2017, the event will focus on helping industry players accelerate the adoption of digitalised solutions and smart technologies in the key segments of building materials, construction machineries, architectural finishes, facilities management and productive technology. Co-located with BTA 2022 are the in-person Facilities Management Conference (FMC) on 15 and 16 March, as well as the hybrid Constructing Our World (CoW) Conference and physical Construction Safety & Health Conference 2022 on 17 March, where over 40 experts including representatives from Autodesk Construction Solutions, Siemens and ST Engineering will be speaking.
BTA 2022 is a Constellar event. Mr Chua Wee Phong, Chief Executive (Markets) for Constellar said: "We are very much looking forward to the regional building and construction industry coming together again, this time in a hybrid manner including the return of the physical exhibition at BTA 2022. As an annual marque event we are privileged to continue playing a pivotal role in helping industry players map out a sustainable business transformation journey, foster new partnerships, and plug into a comprehensive global network of industry experts and peers."
Guest-of-Honour Mr. Tan Kiat How, Minister of State, Ministry of Communications and Information & Ministry of National Development, will kick off the event with a launch of the physical exhibition of BTA 2022 at the Singapore EXPO as well as an opening address at FMC 2022. Also happening on opening day are the signing of a Memorandum of Understanding (MoU) between Constellar and MMI Asia to jointly develop a future event focusing on smart, efficient and green building technologies; and a second MoU between Singapore Institute of Building Limited (SIBL) and Royal Institution of Chartered Surveyors (RICS) pledging greater collaboration for the benefit of its members.
On the physical exhibition floor, visitors can view demonstrations of the latest automated equipment and machinery, join Sandbox sessions designed to address challenges and ideate solutions, and visit over 80 physical showcases featuring new technological developments including charging stations for electric cars by Kyo Ei Denko, which will have a Tesla Model 3 on-site for demonstration, and construction project management tool Finalcad One, which helps teams collaborate and monitor field information in real time to enhance the safety and productivity of worksites.
At the centre of the exhibition space, the Smart Innovation Pavilion will showcase the latest digitalised solutions and smart technologies, featuring exhibitors such as Autodesk with its state-of-the-art Building Information Modeling (BIM) software, also widely known as the industry standard in Singapore; other highlights include a Smart Toilet System by Convergent Smart Technologies, a maintenance free technology that employs a people density counter and ammonia sensor to improve cleaning productivity, as well as the Thouzer robotic weight-bearing cart by Doog International, the only collaborative autonomous robotic solution with affordable pricing in the market.
Convening industry leaders to chart the path forward
To meet rising construction demand in a post-pandemic world, industry players are coming together at BTA 2022 to find solutions that will accelerate their digital transformation and help them boost productivity from conception and design-build, to operation and maintenance.
To that effect, the 5th edition of FMC will provide new perspectives on facilities management post COVID-19. The 2-day conference will focus on innovations for a sustainable and smart built environment, supporting the Building and Construction Authority's push for more FM teams to adopt advanced technologies that can help to increase productivity and foster better sustainability outcomes. Dr. Teo Ho Pin, a former Member of Parliament and Mayor, will deliver the keynote address on 15 March 2022 about the evolution of facilities management for a complex future.
The CoW Conference 2022 will address key issues pertaining to climate change, sustainability, innovation and human development within the construction sector. Themed "Pivoting towards a Greater Resilience", the conference aims to catalyse conversation around the globe on topics such as the education and training required to groom the builders of the future and strategies in keeping up with the demands of new technology. Mr. Chee Hong Tat, NTUC Deputy Secretary-General, will be giving the opening remarks as the Guest-of-Honour of the conference.
Top decision-makers and industry leaders from the built environment sector will also be gathering at the invite-only Industry Transformation Roundtable on the first day of BTA 2022. On the third day of the event, physical attendees can join the free Construction Safety & Health Conference 2022, held at the Singapore EXPO & MAX Atria, focusing on how the pandemic is shaping safety and health in the construction sector.
The digital platform for BTA 2022 will also provide enhanced networking opportunities and improved business matching features to help forge stronger connections between industry professionals, thought leaders, delegates and exhibitors around the region.
SIBL is the organiser of CoW and co-organiser of FMC with Constellar. SIBL President Dr Sussie Ketit, said: "Singapore Institute of Building Limited (SIBL) is pleased to co-present the hybrid edition of BTA 2022 with Constellar. This event comes at an important time to facilitate industry growth, providing a platform for built environment professionals to discover new innovations and collaborative opportunities that will help them grow more resilient against disruptions in the future."
Registration is still open at https://bit.ly/3d9sQL7
For more information, please visit www.buildtechasia.com or follow our social media channels for live updates to the event: LinkedIn @BuildTechAsia, Facebook @buildtechforasia, Instagram @buildtechasia_official, Youtube @BuildtechAsia
About BuildTech Asia
BuildTech Asia is the Asia Pacific premier platform for the built environment sector which showcases the latest smart solutions and productive technologies across the entire building life-cycle. With international and regional brands showc asing the most comprehensive exhibiting profile such as onsite construction machinery & equipment, building materials & solutions, architectural & quality finishes, productive technologies, facilities management, and infrastructure solutions to help accelerate the built environment sector to build faster and smarter. The annual event provides a gateway into Asia to network with a wide range of practitioners, technology experts, industry players, developers, agents, and distributors in the building and construction industry.
About Constellar
Constellar connects a global eco-system of event partners and consumers through a holistic portfolio of intellectual property (IP) in the Meetings, Incentives, Conventions and Exhibitions (MICE) industry.
As Asia's partner of reference for curating innovative event and venue experiences, Constellar activates impactful networks to bring global markets, businesses and consumers together for sustainable growth. With our expertise and dedication, we are invested in helping you build trusted relationships with stakeholders for the long term and enabling cross-industry collaboration through world-class audience engagement solutions.
Constellar is headquartered in Singapore. Founded in 2021, it brings together decades of experience with an intrepid team of experience specialists around the world. Visit www.constellar.co for more information.
Issued by Constellar
For media enquiries and interview requests, please contact:
Dax Lim Manager, Content & Communications Constellar Group Pte Ltd
Tel: +65 9109 6133 Email: dax.lim@constellar.co
Constellar Communications
Email: comms@constellar.co
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comThe 11th edition of BuildTech Asia (BTA) 2022 will return in a hybrid format from 15 - 17 March 2022.
UK Tax Agency Released New Guidelines Around DeFi
Her Majesty’s Revenue and Customs (HMRC), the U.K.’s tax agency announced a controversial set of recommendations on Wednesday that could harm Decentralized Finance (DeFi) innovation. Ian Taylor, executive director of CryptoUK said: “HMRC treats crypto assets as property for tax purposes. However, this is inconsistent with the approach currently being adopted by Government and other regulatory bodies in the UK.” The updated ruling focuses on how digital assets are treated in the UK for DeFi lending and staking, and whether the returns or incentives from these activities are taxed or not. Due to the cutting-edge nature of DeFi, tax specialists were confused about how the existing regulations apply to these services. HMRC stated: “The lending/staking of tokens through DeFi is a constantly evolving area, so it is not possible to set out all the circumstances in which a lender/liquidity provider earns a return from their activities and the nature of that return. Instead, some guiding principles are set out.” “HMRC has updated its guidance on the treatment of crypto and digital assets, specifically for DeFi lending and staking in the UK, significantly altering their classification and treatment.” According to the guidance, returns from staking and lending DeFi assets will not be treated as ‘interest’, because digital assets aren’t considered currencies in the UK, but rather property for tax reasons. However, the guidance suggests that in many circumstances, this technique will signal that beneficial ownership of those tokens has been moved to the platform, which could cause tax problems for stakeholders. This would imply that they were sold for tax purposes and would be subject to Capital Gains Tax. According to Ian Taylor, executive director of CryptoUK, these new regulations will impose an unnecessary burden on crypto investors that is not imposed on stock market investors when lending shares: “HMRC treats crypto assets as property for tax purposes. However, this is inconsistent with the approach currently being adopted by Government and other regulatory bodies in the UK, including the Treasury and the FCA.” According to Taylor, the new regulations impose undue reporting obligations for consumers and cause tax compliance complexity because investors have to report hundreds or even thousands of transactions. “This is out of step with the Government’s stated aim for the UK to be open and attractive as a destination for investment and innovation post Brexit,” he said. Matt Hancock, the former Secretary of State for Health and Social Care and now a Member of Parliament (MP) in the United Kingdom, encouraged the House of Commons to pass a progressive crypto policy to make England the home of cryptocurrency last week. In November last year, HMRC issued regulations about the imposition of a digital services tax on crypto exchanges operating in the United Kingdom.
The post UK Tax Agency Released New Guidelines Around DeFi appeared first on Cryptoknowmics-Crypto News and Media Platform.
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