The signing ceremony also featured a panel discussion on the future prospects of barter trading in China. Industry experts shared their insights on the challenges and opportunities facing the sector, highlighting the need for innovation and collaboration to drive growth.In response to the escalating tensions, the Chinese Ministry of Foreign Affairs issued a statement emphasizing the importance of maintaining peace and stability in the region. The statement highlighted China's commitment to promoting dialogue and peaceful resolutions to conflicts, and called on all parties involved to exercise restraint and avoid actions that could escalate tensions.Health In Tech intends to use the net proceeds from the offering towards system enhancements, the expansion of service offerings, expansion of sales and distribution channels, talent development and retention, working capital and other general corporate purpose. A registration statement on Form S-1 (File No. 333-281853) relating to the shares was filed with the Securities and Exchange Commission and became effective on December 19, 2024 . This offering was made only by means of a prospectus, forming part of the effective registration statement. A copy of the prospectus relating to the offering can be obtained when available, by contacting American Trust Investment Services, Inc., 230 W. Monroe Street , Suite 300, Chicago, IL 60606, or via E-Mail at [email protected] . This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of any securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Health In Tech Health in Tech, Inc. ("HIT") is an Insurtech platform company backed by third-party AI technology. We offer a dynamic marketplace designed to create customized healthcare plan solutions while streamlining processes through vertical integration, process simplification, and automation. By eliminating friction and complexities, HIT enhances value propositions for employers and optimizes underwriting, sales, and service workflows for Managing General Underwriters (MGUs), insurance carriers, licensed brokers, and Third-Party Administrators (TPAs). Learn more at healthintech.com . Forward-Looking Statements Regarding Health In Tech Certain statements in this press release are forward-looking statements for purposes of the safe harbor provisions under the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may include estimates or expectations about Health In Tech's possible or assumed operational results, financial condition, business strategies and plans, market opportunities, competitive position, industry environment, and potential growth opportunities. In some cases, forward-looking statements can be identified by terms such as "may," "will," "should," "design," "target," "aim," "hope," "expect," "could," "intend," "plan," "anticipate," "estimate," "believe," "continue," "predict," "project," "potential," "goal," or other words that convey the uncertainty of future events or outcomes. These statements relate to future events or to Health In Tech's future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause Health In Tech's actual results, levels of activity, performance, or achievements to be different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond Health In Tech's control and which could, and likely will, affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects Health In Tech's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to Health In Tech's operations, results of operations, growth strategy and liquidity. Investor Contact Investor Relations: [email protected]
More Scots business owners anticipate higher turnover in 2025, poll suggestsAfter a moment of disbelief, John realized that a bizarre mix-up had occurred during the shipping process. How could a washing machine be mistaken for a plush bear? Despite the absurdity of the situation, John couldn't help but chuckle at the unexpected turn of events.
True freshman Luke Kromenhoek threw three touchdown passes and Caziah Holmes ran for two more as host Florida State routed Charleston Southern 41-7 on Saturday afternoon in Tallahassee, Fla. The Seminoles (2-9) convincingly snapped a six-game losing streak and ensured that the Buccaneers (1-11) would finish theirs on a 10-game skid. Florida State has not had much to celebrate during one of its worst seasons in program history. But on Saturday, the Seminoles overcame a rough start and put together one of their more complete efforts of the season. Florida State had not scored more than 21 points in a game prior to Saturday's contest and its 175 rushing yards more than doubled its average (80.5 per game) this season. No single runner had over 40 yards, but seven rushers combined for that output on 34 attempts. The Seminoles entered the game ranked 130th out of 133 FBS teams in rushing offense. Holmes, a senior, finished with three carries for 38 yards, including touchdown runs of 3 and 18 yards. Kromenhoek gave Florida State a sliver of hope for its quarterback future as he completed 13 of 20 passes for 209 yards and no interceptions. He threw TD passes for Amaree Williams, Ja'Khi Douglas and Hykeem Williams. The highlight was a 71-yard touchdown pass to Douglas on the first play from scrimmage of the second half to put the Seminoles ahead 24-0. Douglas finished with 82 yards receiving on three catches, and 10 different Florida State players caught passes for 240 total yards. The Seminoles went 6 of 10 on third downs after averaging only a 25 percent conversion rate all season. Their defense held Charleston Southern to 275 total yards (57 rushing) and forced two turnovers. Florida State was unable to hang on to the shutout, however, as Bucs quarterback Kaleb Jackson found Landon Sauers for a 7-yard touchdown pass with 57 seconds left in the fourth quarter. Jackson completed 22 of 32 passes for 218 yards, one touchdown and one interception. The Bucs defense recorded three sacks led by Davion Williams, who had eight tackles, 2.5 tackles for loss and one sack. The Seminoles will conclude their season next Saturday at home against rival Florida. --Field Level MediaFlorida State pounds Charleston Southern for second victory of season
Insufficient gas and power supply, increased fuel prices and inflation have escalated production costs in Bangladesh, making doing business here harder, said top business leaders at a discussion yesterday. Though the industrial sector pays the highest utility tariffs, it has been getting less than half of its demand for gas. The energy sector was one of the pillars of criminalisation of the previous government, said Commerce Adviser Sheikh Bashir Uddin at a discussion titled "Ways of Mitigating Energy Crisis in the Industrial Sectors" organised by the Bangladesh Chamber of Industries (BCI). "I had to stand in the rain in front of the residence of the former state minister for power, energy and mineral resources [Nasrul Hamid] to get a gas connection to my industry with my own expenses," said Bashir, the managing director of AkijBashir Group, which has concerns in ceramics, glass, steel and polymers. Besides, Bashir said he had to pay a bribe of Tk 20 crore to the road authorities for digging up the road to lay the 40km gas pipeline. "That will not happen now. It's an opportunity for you [the business leaders]. Come to us with business proposals and solutions and not just problems -- we will sort those out unitedly," he added. In the first nine months of the year, about 200 factories have shut their operations and another 300 factories are on the way to shutting shop within the next year, said BCI President Anwar-Ul-Alam Chowdhury. The industries were established in Bangladesh on the basis of the availability of local gas and fast-learning labour. "Except those, everything else is expensive here -- the land, infrastructure, development, bank financing cost and speed money. But now, we have learned that we don't have gas or the prices are very high as well. An uncertain situation has emerged." Chowdhury went on to blame the foreign currency devaluation, liquidity crisis in the banking sector, lower imports of liquified natural gas, restrictions on the opening of letters of credit and a lack of good governance in the National Board of Revenue for the situation. The industries' demand for gas is about 1,040 million cubic feet a day (mmcfd) while they are getting around 500 mmcfd, said Ijaz Hossain, former dean of engineering at Bangladesh University of Engineering and Technology (BUET), in his keynote paper. "It is very alarming that energy consumption has not increased in the last two years." Due to the expansion of the power grid, energy consumption in the domestic sector has increased, which implies the industrial sector has shrunk, he said. Because of high energy prices and supply disruption, the cost of production is getting higher, thus triggering inflation, causing industries to become defaulters and to go out of business, Hossain added. There are power cuts four to five times a day, said Md Shamsuzzaman, vice-president of the Bangladesh Knitwear Manufacturers & Exporters Association. "There are huge illegal connections in industrial areas, but the distribution companies failed to monitor those," he said. The government once encouraged building factories but now those are being shut down, said Sk Masadul Alam Masud of the Bangladesh Steel Manufacturers Association. Syed Nasim Manzur, president of the Leather Goods and Footwear Manufacturers and Exporters Association of Bangladesh, said they have not been able to run a gas generator in the Savar tannery estate. "The system loss in the gas sector is nothing but theft. There should be exemplary punishment for those who are involved in theft," he said. It was a common practice to get the public works department officials to have a relationship with the ministers or to bribe officials, said Fouzul Kabir Khan, adviser to the ministry of power, energy and mineral resources. "As a result, the money was invested in unnecessary projects. It's a waste of money," he said, adding that that will not happen during the tenure of the interim government. Khan said they have taken measures to reduce the energy cost, which includes onshore-offshore drilling programmes to increase the supply. The gas supply will remain the same until February next year and will increase from March, said Petrobangla Chairman Zanendra Nath Sarker. "It was imposed on me by the previous government's higher-ups to increase gas supply to the power sector instead of industries. But the industrial sector pays the highest price to us. That will not happen in the coming days." He demanded speedy approval of development project proposals for the gas sector from the planning division to increase the gas supply from local gas fields. Gas should be supplied proportionately to all the sectors, said Rezaul Karim, chairman of the Bangladesh Power Development Board.The current political landscape in Syria is dominated by President Bashar al-Assad and his regime. Assad, who has been in power since 2000, has managed to hold onto his position despite widespread international condemnation for his brutal tactics against his own people. However, the dynamics of the conflict have shifted over the years, with various external powers getting involved in the conflict and supporting different factions.