30.6 C
Vientiane
Tuesday, July 8, 2025
spot_img
Home Blog Page 1273

Yuno welcomes former Uber and JP Morgan Director to lead APAC partnerships and drive regional growth


SINGAPORE – Media OutReach Newswire – 17 October 2024 – Yuno, the world’s leading payment orchestration platform, today announced the appointment of SheueChee Beh as its new Head of Partnerships for APAC. This move doubles down on the company’s commitment to scaling its presence in Asia-Pacific.

SheueChee has over two decades of payments experience and a proven track record working within Asia’s tech and financial services sector, including at JP Morgan, NTT Data, and CIMB, a leading ASEAN universal bank. Before joining Yuno, SheueChee was Director of Payments for APAC at Uber, where she helped to improve payment systems for customers, drivers, and merchants, as well as expanded the company’s financial services offering across the region. While at Uber, she also served as an advisory board member for the Merchant Advisory Group (MAG) APAC, where she played a key role in driving positive change and innovation in the payments industry, supporting merchants’ interests.

With its young and digitally savvy population, APAC has emerged as the world’s leading digital payment market, accounting for over 50% of the global market share. This growth has fueled a diverse and rapidly evolving payments ecosystem, where alternative payment methods like e-wallets and QR codes are increasingly popular.

Yuno, which launched in key Asian markets, including Hong Kong, Singapore, and Thailand earlier this year, helps local and global merchants navigate the complexities of this fragmented payments landscape and optimize their transactions across the region. Its platform streamlines access to over 300 different global payment methods, alongside cutting-edge features like one-click checkout and robust anti-fraud tools through a single, user-friendly interface.

Juan Pablo Ortega, Co-founder and CEO at Yuno, commented:

“We are thrilled to welcome SheueChee to the Yuno team at such an exciting time in our expansion across Asia-Pacific. Her extensive experience and deep knowledge of the region’s dynamic payments landscape make her the perfect fit to expand our partnerships and drive growth in this key market. With SheueChee at the helm, we are confident that Yuno will continue to deliver innovative solutions that empower businesses to solve their cross-border payments complexities, scale seamlessly, and thrive in this fast-evolving payments ecosystem.”

SheueChee Beh, Head of Partnerships APAC at Yuno, added:

“I am excited to join Yuno and contribute to its mission of transforming the payments landscape in APAC. This region is a hotbed of innovation, and by forging strong partnerships with local players, we will be able to offer truly tailored solutions that meet the unique needs of businesses here. Together with Yuno, I look forward to driving forward-thinking strategies that not only enhance payment experiences but also empower merchants to seize new opportunities in this rapidly evolving digital economy.”

Yuno earlier this year raised a $25 million Series A round from investors including Andreessen Horowitz, Tiger Global, DST Global Partners, Kaszek Ventures, and Monashees, to fuel its ambitious expansion plans across Asia, Europe, the Middle East, and Africa.
Hashtag: #Yuno

The issuer is solely responsible for the content of this announcement.

About Yuno

Yuno has emerged as a dominant force in global payment orchestration, with a core mission to empower global commerce by enabling businesses of all sizes to accept and disburse payments anywhere in the world, fostering financial inclusion.

Yuno enables businesses to access over 300 payment methods worldwide as well as innovative features including one-click checkout and robust anti-fraud tools via a single unified, easy-to-use interface. Yuno serves a global customer base that includes McDonald’s, Avianca, inDrive, Rappi and other renowned brands across more than 80 countries.

Discover more about Yuno at .

Cushman & Wakefield responses to the Policy Address 2024/25


HONG KONG SAR – Media OutReach Newswire – 16 October 2024 – Response to the Policy Address 2024/25 by KK Chiu, International Director, Chief Executive, Greater China of Cushman & Wakefield:

Farewell to subdivided units and optimize the living environment

We are pleased to see that the government’s taking proactive measures in housing supply and land policy to address the housing problem. The introduction of a rental system for subdivided units (SDUs), which will be renamed as Basic Housing Units, aims to improve the living conditions for low-income individuals and grassroots families, gradually alleviating the subdivided units’ issue. However, the costs associated with renewing SDUs may reduce the supply, potentially leading to higher rents and increased financial burden for grassroots households.

Housing supply and land policy

The government has indicated that 3,000 hectares of developed land will be available for development over the next decade, which is a step toward stabilizing long-term housing supply. However, we anticipate that a part of the land will be in the Northern Metropolis. We recommend that the government closely monitor the infrastructure development timetable for the area, ensuring that supporting facilities keep pace with land development. In addition, we suggest that the government flexibly adjust the reserve price and terms of land sales based on market conditions to prevent excessive restrictions that could lead to failed bids, ultimately affecting long-term stability of housing supply.

Welcome more housing supply and shorter waiting times

The Policy Address reflects the government’s commitment to increasing public housing supply, targeting 189,000 units over the next five years. We are also pleased to see the government will gradually build light public housing (LPH) and utilize undeveloped land for rapid housing solutions through Modular Integrated Construction (MiC). We recommend that the government continue to seek suitable public housing sites and expedite the redevelopment of aging housing estates to effectively allocate resources to those in greatest need.

Response to the Policy Address 2024/2025 by John Siu, Managing Director, Hong Kong, Cushman & Wakefield:

Office Market

We are pleased to see the Government strengthening the “Nurture Talents” initiatives and pledging to encourage the market to convert commercial buildings by relaxing regulations on planning, land administration, and building plan approval. This will not only enhance the future supply of student hostels but also help alleviate the vacancy pressure of underutilized office buildings.

We suggest that the Government consider relaxing the waiver application policy to facilitate the conversion of office or hotel buildings on commercial sites into student or talent hostels. This can minimize the costs and time required for owners/operators to apply for and maintain a hotel operation license, while allowing them to legally use the office building or hotel for residential purposes. Additionally, the Government may also consider providing subsidies or loans to owners/operators to reduce conversion costs, expediting project implementation and completion.

Logistic Market

We believe that reducing the liquor tax will help increase the sales of spirits, thereby supporting the demand for spirits’ storage and warehouse spaces. According to current policies in Hong Kong, spirits must be stored in dangerous goods warehouses, which require licenses from multiple government departments. The license application process is strict and time-consuming, while most industrial and warehouse sites in Hong Kong have lease conditions that prohibit the storage of dangerous goods. If the industry’s demand for spirits storage increases, the relevant government departments should introduce corresponding measures to facilitate the logistics industry in providing sufficient storage and logistics services legally for their spirits supplier clients.

Reducing the liquor tax will help boost the consumption, catering and retail markets

We believe that lowering the liquor tax will help spirits sellers and the bar industry reduce costs, thereby lowering retail prices and attracting more citizens and tourists to spend at bars. This, in turn, will increase foot traffic and revenue for bars. With the Government’s vigorous efforts to revitalize the tourism industry, we believe this move will support the overall consumption, catering, and retail markets.

Response to the Policy Address 2024/25 by Rosanna Tang, Executive Director, Head of Research, Hong Kong of Cushman & Wakefield:

Talents and Students Residential Market

We are pleased to see the Government attaches greater importance to the development of attracting high-calibre talents and has proposed more policies to trawl for talents. According to the Policy Address, in the next 5 years, there will be an estimated manpower shortage of about 180,000 from various industries. On the other hand, the Government is committed to building the “Study in Hong Kong” brand and developing the Northern Metropolis University Town in the Northern Metropolis. All these policies will help attract talent and students from all over the world to Hong Kong in the longer run.

According to our latest estimates, on average, more than three university students compete for one bed in Hong Kong, while the supply shortage of student beds in the future may exceed 40,000 beds, making those students who are unable to secure hostel places to look for rental housing in the private market. We are pleased to see that the Government is willing to work towards relaxing regulations to potentially convert suitable commercial buildings or hotels into student accommodations, however, the Government still needs to make long-term plans for the future supply of student hostels and talent apartments. The rising number of people working and studying in Hong Kong is expected to bring greater growth momentum to rental apartments, this will likely attract more investors to focus on the talent and student housing sectors, benefitting investment opportunities on convertible serviced apartments and hotel assets.

Loosening the loan-to-value ratio may have little effect on short-term stimulus

We are pleased to see that the government has relaxed the loan-to-value ratio (LTV) policy by standardizing the loan-to-value ratio (LTV) policy for residential and non-residential properties to 70%, lowering the threshold for home ownership and investment. However, the residential market is greatly affected by interest rates and economic circulation, coupled with the cautious lending attitude of banks, the stimulus effect on the residential and non-residential investment markets in the short term is limited, and it is difficult to reflect it in the market in real time.

Response to the Policy Address 2024/25 by Alva To, Vice President, Head of Consulting, Greater China of Cushman & Wakefield:

The Northern Metropolis has introduced industrial development

We are pleased to see the government adopting a large-scale land-disposal approach, on a pilot basis, to expedite development of the Northern Metropolis. This approach selects sizable land parcels with commercial value that will provide public facilities, collectively managed by project developers to expedite the completion of the area with more coordinated design.
The Northern Metropolis is envisioned as a livable, workable, and tourist-friendly region in Hong Kong. We are pleased to see the government is considering innovation, technology, education, and medical research as key drivers for industrial development. The development must take into account the entire industrial chain, including mainstream industries, dependent industries, complimentary industries, related industries, and supporting facilities. These require considerable land areas and flexible land use and planning.

While promoting the development of the area, the government must ensure the coordination of the overall transportation infrastructure and public facilities in the Northern Metropolis. Industrial development should align with the industrial chain structures of other cities in the Greater Bay Area, fostering a complementary role that enhances Hong Kong’s integration into the broader national development strategy.

The Guangdong-Hong Kong-Macao Greater Bay Area optimizes the connectivity mechanism and strengthens the level of integration

We are pleased by the government’s ongoing efforts to enhance the mutual market access regime and strengthen Hong Kong’s status as the world’s largest offshore Renminbi (RMB) business hub, contributing to the RMB’s internationalization. Key measures effectively respond to the National Development and Reform Commission’s “Three-Year Action Plan for the development of International Business Environment in the Guangdong-Hong Kong-Macao Greater Bay Area”, announced at the end of 2023.
These measures include continuous improvement of our infrastructure and upgrades to the Central Moneymarkets Unit, facilitating the settlement of various assets in different currencies for international investors. Developing fixed income market infrastructure, for instance, setting up a central clearing system for RMB-denominated bond repurchase (repo) transactions, will make RMB sovereign bonds issued in Hong Kong a more popular choice of collateral in offshore markets.
We believe that the government will successfully align with the Three-Year Action Plan to attract foreign enterprises and capital, enhance the internal management system, unify the law enforcement frameworks, and create an open environment for cooperation, co-existence, and strengthened connectivity, which will accelerate the in-depth promotion of the Bay Area Connect project, ultimately enhancing the level of integration across the region.

Response to the Policy Address 2024/25 by Tom Ko, Executive Director, Head of Capital Markets, Hong Kong of Cushman & Wakefield:

Capital Market:

We are pleased to see the government’s enhancement on the New Capital Investment Entrant Scheme (2024) to further review the investment thresholds, streamlining the approval process, and diversifying asset classes. Investment in residential properties is permitted, provided that the transaction price is no less than $50 million, with the amount of real estate investment to be counted towards the total capital investment capped at $10 million. In addition, investments made through an eligible private company wholly owned by an applicant will be counted towards the applicant’s eligible investment, effective from March 1, 2025.

As the acclaimed Asia World City, Hong Kong is closely connected to other influential financial centres, facilitating 24-hour financial transactions. Hong Kong’s unique geographical advantages, well-established financial infrastructure, thriving innovation and technology ecosystem, world-class talent pool, and vibrant urban atmosphere make it an ideal choice for investors seeking to capitalize the world’s fastest-growing opportunities.

Click here for high-res pictures.

Hashtag: #Cushman&Wakefield

The issuer is solely responsible for the content of this announcement.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In Greater China, a network of 23 offices serves local markets across the region. In 2023, the firm reported revenue of $9.5 billion across its core services of valuation, consulting, project & development services, capital markets, project & occupier services, industrial & logistics, retail and others. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit or follow us on LinkedIn ().

Policy Address by Hong Kong SAR’s Chief Executive John Lee: Reform for Enhancing Development and Building Our Future Together


HONG KONG SAR – Media OutReach Newswire – 16 October 2024 – John Lee, Chief Executive of the Hong Kong Special Administrative Region today (October 16) announced his third Policy Address entitled “Reform for Enhancing Development and Building Our Future Together”, setting out a range of initiatives to create new impetus for economic development, improve people’s livelihood and enhance their quality of life.

Mr Lee said, “In this Policy Address, I will continue to follow through the ‘four proposals’ put forward by President Xi Jinping in his important speech delivered on July 1, 2022. I will also outline our vision and objectives for reforms and changes, as well as the related key measures and key performance indicators.

Hong Kong SAR’s Chief Executive John Lee’s third Policy Address is themed “Reform for Enhancing Development and Building Our Future Together”.
Hong Kong SAR’s Chief Executive John Lee’s third Policy Address is themed “Reform for Enhancing Development and Building Our Future Together”.

“Reform is a continuous process. Over the past two years, my team and I have focused on economic growth and on improving people’s livelihood through development, with the well-being of the people of Hong Kong close to our hearts. This Policy Address will deepen our reforms and explore new growth areas.”

Consolidate and enhance Hong Kong’s status as an international financial, shipping and trade centre

Hong Kong has established strengths as an international centre for finance, shipping and trade, which are closely intertwined and can be developed in a synergistic and complementary manner.

On the financial front, the Policy Address sets out the strategic development of Hong Kong as an international financial centre on all fronts. It strives to reinforce Hong Kong’s status as the world’s largest offshore Renminbi business hub, enhance the asset and securities markets, and develop Hong Kong into an international gold trading market through measures such as building world-class gold storage facilities and strengthening the trading mechanism and regulatory framework. This will in turn drive demand for related services such as collateral and loan businesses, opening up new growth areas of the financial sector.

On the shipping side, the existing Hong Kong Maritime and Port Board will be reconstituted into the Hong Kong Maritime and Port Development Board. Additional funding will be provided to enhance its research capabilities, strengthen its Mainland and overseas promotional work and step up manpower training, encouraging more Mainland and overseas maritime service enterprises to establish presence in Hong Kong, promoting the sustainable development of Hong Kong’s maritime industry. The Government will advance the development of Hong Kong into a green maritime centre, while at the same time exploring the introduction of tax concessions and facilitate international commodity exchanges to set up accredited warehouses in Hong Kong, so as to establish a commodity trading ecosystem, especially for the storage and delivery of non-ferrous metal products, further promoting the development of Hong Kong’s maritime and trading services.

In respect of the trade sector, the Government will establish a high-value-added supply chain service centre. Through measures such as enriching a high value-added supply chain services mechanism and enhancing export credit services, as well as making good use of the new opportunities brought about by the Second Agreement Concerning Amendment to the Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) Agreement on Trade in Services, the Government will seek to attract Mainland and overseas enterprises to set up their headquarters or corporate divisions in Hong Kong. The Government will continue to vigorously expand Hong Kong’s global economic and trade networks, with particular emphasis on strengthening Hong Kong’s economic and trade ties with and marketing efforts in emerging markets, so as to enable Hong Kong to exert a greater role in the country’s opening up to the world. Moreover, the Government will reduce the import duty on liquor, fostering trading of liquor and boosting development of high value-added industries.

The Policy Address injects greater vitality into the Hong Kong economy.
The Policy Address injects greater vitality into the Hong Kong economy.

Develop new quality productive forces tailored to local conditions

The core element of new quality productive forces is to achieve high quality economic development through technological empowerment. The Government is striving to expedite Hong Kong’s development into an international innovation and technology (I&T) centre. On top of the additional investment put in over the past two years, a $10 billion I&T Industry-Oriented Fund will be set up to guide more market capital to invest in specified emerging and future industries of strategic importance, including life and health technology and artificial intelligence. The Government will also launch the I&T Accelerator Pilot Scheme to attract professional start-up service providers to set up accelerator bases in Hong Kong, fostering the robust growth of start-ups.

The Policy Address also proposed the establishment of the Working Group on Developing Low-altitude Economy. Starting with projects on low-altitude applications, the working group will designate specific venues for such purposes, draw up regulations and design the institutional set-up, study and map out plans to develop the required infrastructure and networks, and promote interface with the Mainland, pushing forward development of the low-altitude economy.

At the same time, the Government is committed to promoting new energy development, such as green maritime fuel, sustainable aviation fuel and hydrogen energy. The Government will also expedite the reform of the approval mechanism for drugs and medical devices, establish the Real-World Study and Application Centre, and join hands with Shenzhen to establish the GBA Clinical Trial Collaboration Platform to enhance Hong Kong’s clinical trial capability and accelerate registration of new drugs, developing Hong Kong into an international health and medical innovation hub.

Build Hong Kong into an international hub for high-calibre talents

To boost synergy and effectiveness of policies, the Policy Address introduced the establishment of the Committee on Education, Technology and Talents to co-ordinate and drive the integrated development of education, technology and talents. In addition to reforming various aspects of the talent admission regime to build a quality talent pool for long-term development, the Government will endeavour to create the “Study in Hong Kong” brand to attract overseas students, launch a pilot scheme to support the market to flexibly increase the supply of self-financed and private student hostels, and map out the development plan of the Northern Metropolis University Town. These measures aim to expedite the development of Hong Kong into an international hub for post-secondary education, bringing in more global high-calibre talents.

Promote integrated development of culture, sports and tourism and foster economic diversification

Promoting integrated development of culture, sports and tourism is the objective of this term of Government in setting up the Culture, Sports and Tourism Bureau. The Government will reinforce the development of the West Kowloon Cultural District to take a leading role in establishing an industry chain for the arts and culture and creative industries of Hong Kong. The Government will also strive to develop the Kai Tak Sports Park into a sports and mega event landmark, building an international sports mega event hub. The Government will publish the Development Blueprint for Hong Kong’s Tourism Industry 2.0, putting emphasis on promoting areas including culture, sports, ecology and mega events, with a view to revitalising Hong Kong’s tourism industry. A Working Group on Developing Tourist Hotspots will be set up to strengthen cross-departmental co-ordination, and to identify and develop tourist hotspots of high popularity and with strong appeal in various districts.

Hong Kong is facing economic restructuring. To assist small and medium enterprises (SMEs) to cope with the prevailing challenges, the Government will put in place a range of support initiatives. Key measures include: relaunching the principal moratorium to offer SMEs flexibility in managing cash flows; injecting $1 billion into the BUD Fund (Dedicated Fund on Branding, Upgrading and Domestic Sales) to facilitate upgrading of enterprises; expanding the scope of the Digital Transformation Support Pilot Programme to cover the industries of tourism and personal services; and launching the Incentive Scheme for Recurrent Exhibitions 2.0. In addition, a Working Group on Promoting Silver Economy will be set up to implement measures in five areas, namely consumption, industry, quality assurance, financial and security arrangements, and productivity, meeting the growing needs of the elderly and help the industry to seize business opportunities.

Take forward the Northern Metropolis as growth engine and deepen GBA collaboration

To take forward the development of the Northern Metropolis, it was announced in the Policy Address to explore the establishment of a pilot industrial park in the Northern Metropolis by granting it to a company established and led by the Government. The company will, in accordance with the Government’s industrial policies, be responsible for formulating the park’s development and operation strategies. To expedite the development, the Government will adopt, on a pilot basis, a large-scale land-disposal approach, for collective development by successful bidders. In addition, the Steering Committee on the Hong Kong Shenzhen I&T Park in the Loop, chaired by the Chief Executive, will formulate the overall strategy, planning and layout for the development of the Hong Kong Park. The Development Outline for the Hong Kong Park of the Hetao Shenzhen Hong Kong Science and Technology Innovation Co-operation Zone will be published later this year.

Improve people’s livelihood in pursuit of happiness

This year, the Policy Address outlined a number of new measures on different livelihood areas, including land creation and housing construction and healthcare, making Hong Kong a better place to live and enjoy life.

On housing, a system on the renting of subdivided units (SDUs) in residential buildings will be devised, through legislation, to tackle the long-standing problem of SDUs at its roots in an orderly manner. The Government will also enhance the housing ladder to allow more people to realise their aspiration for home ownership.

Regarding healthcare, as noted in the Policy Address, the Government will deepen the reform of the healthcare system, strengthen public and primary healthcare services and promote the development of primary healthcare on all fronts, and boost healthy fertility. The Government also supports the plan, by local universities, to establish a third medical school. The Government will set aside sites in Ngau Tam Mei to build a new campus and an integrated medical teaching and research hospital.

To improve people’s livelihood, the Government will continue to take forward and enhance various measures for targeted poverty alleviation and focusing on different needs of the underprivileged. Meanwhile, the Government will regularise the funding provision for Care Teams and increase funding in the next term of service to strengthen support for their work. The Policy Address also proposed to reform the roles of the Employees Retraining Board to devise skills-based training programmes and strategies for the entire workforce, and lift the restriction on educational attainment of trainees.

Mr Lee concluded, “This Policy Address deepens the reforms that I have introduced since I became Chief Executive. It presents enhanced measures to boost the economy and improve people’s livelihood. It seeks to address the prevailing needs of our people, while mapping our vision and long-term goals for building a brighter future for Hong Kong. I am confident that Hong Kong will continue to go from strength to strength and attain new heights. Through our united efforts to reform and innovate, our economy will go even stronger and our people will lead a better life, making Hong Kong a shining city.”

A Supplement offering more backgrounds and details of various policy measures has been compiled with this year’s Policy Address. For related information and key initiatives of the Policy Address, please visit www.policyaddress.gov.hk.

Hashtag: #hongkong #brandhongkong #policyaddress





The issuer is solely responsible for the content of this announcement.

Doubleview Announces First Drill Results of This Season


Highlights:
62.0m of 1.12% Cu, 0.79 g/t Au, and 23.9 g/t Sc (1.81 % CuEq*, not incl. Sc)
in 154.0m of 0.66% Cu, 0.46 g/t Au, and 24 g/t Sc (1.07% CuEq*, not incl. Sc)

Vancouver, British Columbia–(Newsfile Corp. – October 16, 2024) – Doubleview (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (the “Company or “Doubleview”) is pleased to announce the first set of drill hole assay results from its 2024 drilling campaign at its 100% owned Hat polymetallic porphyry in northwestern British Columbia.

Highlights and significant downhole intervals include the following:

Drill hole H072:

  • 686.0m of 0.23% Cu, 0.16 g/t Au, 64 g/t Co, 0.33 g/t Ag and 25.7 g/t Sc (0.38% CuEq*)
  • including 154.0m of 0.66% Cu, 0.46 g/t Au, 112 g/t Co, 0.96 g/t Ag and 24 g/t Sc (1.07% CuEq*)
  • including 62.0m of 1.12% Cu, 0.79 g/t Au, 173 g/t Co, 1.62 g/t Ag and 23.9 g/t Sc (1.81 % CuEq*)
  • including 2.0m of 5% Cu, 2.96 g/t Au, 511 g/t Co, 5.03 g/t Ag and 7 g/t Sc (7.48% CuEq*)


Drill hole H073:

  • 109m of 0.29% Cu, 0.21 g/t Au, 83 g/t Co, 0.47 g/t Ag and 29.6 g/t Sc (0.5% CuEq*).


Drill hole H074:

  • 128 m of 0.18%Cu, 0.14 g/t Au, 82 g/t Co, 0.29 g/t Ag and 29 g/t Sc (0.33% CuEq*)

(Note 1: CuEq currently does not include the Scandium)


H073, depth: 420m, strong chalcopyrite mineralization.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/226781_625f86a28402e955_001full.jpg

The recent drill holes were strategically directed towards untested central areas of the Lisle Zone, which are integral to the block model developed by our consulting team for the Mineral Resource Estimate (MRE). All three drill holes are situated within the mineral resource pit, as detailed in Doubleview’s news release dated July 25, 2024. These drill results not only validate the existing block model but also provide additional data that enhances our confidence in its accuracy. In preparation for the upcoming enhanced resource estimate for the Hat deposit, our primary objective of demonstrating continuity, increasing the density of data, and further improving the quality of the geological models, has been successfully achieved. The three cross sections included in this release illustrate the intersected mineralization within the Hat polymetallic mineral deposit, highlighting the mineralized blocks for each drill hole.


Figure 1: Drill hole H072

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/226781_625f86a28402e955_002full.jpg

Figure 2: Drill hole H073

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/226781_625f86a28402e955_003full.jpg

Figure 3: Drill hole H074

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/226781_625f86a28402e955_004full.jpg

Farshad Shirvani, President and CEO, comments that, “The objectives of the 2024 drilling program are to enhance the data intensity where it is warranted, identify additional near surface copper and gold mineralization, and increase the tonnage and volume of the Hat deposit. These drill holes provide important geological information and data that bridge the area between drill holes H034 and H031, H012 and H071 while verifying the block model. We are pleased to see the years of work on the Hat project come to fruition, particularly to see the continuation of long intervals of strong copper mineralization.”

Table 1 lists significant assay intercepts of drill holes H072 to H074

DDH From (m) To (m) Length (m)** Cu (%) Au (g/t) Co (g/t) Ag (g/t) Sc (g/t) CuEq (%) not incl Sc*
H072 62.0 686.0 624.0 0.23 0.16 64 0.33 25.7 0.38
incl. 80.0 586.6 506.6 0.27 0.19 71 0.38 25.8 0.45
incl. 161.7 543.0 381.3 0.34 0.25 81 0.47 26.1 0.57
incl. 382.0 536.0 154.0 0.66 0.46 112 0.96 24.0 1.07
incl. 382.0 384.0 2.0 5.00 2.96 511 5.03 7.0 7.48
incl. 411.0 536.0 125.0 0.70 0.50 117 1.06 23.9 1.14
incl. 440.0 502.0 62.0 1.12 0.79 173 1.62 23.9 1.81
incl. 452.0 463.0 11.0 2.36 1.95 345 3.17 17.0 3.99
H073 159.0 424.0 265.0 0.16 0.15 76 0.29 26.3 0.32
incl. 282.0 424.0 142.0 0.25 0.18 82 0.41 29.4 0.43
incl. 315.0 424.0 109.0 0.29 0.21 83 0.47 29.6 0.50
incl. 378.0 424.0 46.0 0.42 0.31 89 0.69 27.5 0.70
H074 95.8 409.0 313.3 0.12 0.12 88 0.25 26.4 0.26
incl. 148.0 195.0 47.0 0.09 0.12 106 0.17 22.7 0.24
incl. 281.0 409.0 128.0 0.18 0.14 82 0.29 29.0 0.33

Notes:
– Metal equivalents should not be relied upon for future evaluations.
– Drill hole intercepts included in this news release are core lengths that may or may not be true widths of mineralization. It is not possible to determine true widths.
– Parameters used to calculate Copper Equivalent:
Au price (US$/oz): 1900; Ag price (US$/oz): 24; Cu price (US$/lb): 4; Co price (US$/lb): 22.
Au recovery: 89.0%; Ag recovery: 68.0%; Cu recovery: 84.0%; Co recovery: 78.0%.

* Copper Equivalent Calculation
CuEq in % = ([Ag grade in ppm] *24*0.68/31.1035 + [Au grade in ppm] *1900*.89/31.1035 + 0.0001* [Co grade in ppm] *22*0.78*22.0462 + 0.0001* [Cu grade in ppm] *4*0.84*22.0462)/(4*22.0462*0.84). Scandium is not part of the copper equivalent calculation.

** Downhole core lengths, true widths are unknown

Table 2 illustrates the location and direction of the reported drill holes:

DDH ID UTM-East UTM-North Elevation (m) Max-Depth (m) Azimuth (°) Dip (°)
H072 347,866 6,453,952 956.5 761 212 75
H073 347,866 6,453,952 956.5 771 225 85
H074 347,866 6,453,952 956.5 609 262 85

H073, depth 563.8m: Chalcopyrite mineralization (+ spotty Pyrite) in Epidote vein

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/226781_625f86a28402e955_005full.jpg

H074, depth 412m: Chalcopyrite mineralization

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/226781_625f86a28402e955_006full.jpg

Quality Assurance and Quality Control:

Core samples were prepared at the North Vancouver facility of ALS Canada Ltd. using their PREP-31, PGM-ICP24, ME-MS61, and ME-ICP06 packages. Each core sample is dried, then crushed to 70% passing a 2mm screen. All material is processed in an automatic Riffle splitter to yield a 250g homogenized, representative sample. This sub-sample is then pulverized to 85% passing a 75-micron screen. All samples are analyzed for Au, Pt, Pd by 50g fire-assay fusion/ICP-ES finish, using PGM-ICP24 package. A separate 0.25g pulp split is analyzed by Four Acid digestion/ICP-MS finish, reporting 48 elements. Over limit elements are analyzed by Ore Grade Four Acid digestion/ICP-ES finish using ME-OG62 assay package. All of Doubleview’s core samples are analyzed or assayed at independent ISO 17025 and ISO 9001- certified laboratories.

Doubleview maintains a website at www.doubleview.ca.

Qualified Persons:

Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview’s Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed, and approved the technical contents of this news release. He is not independent of Doubleview as he is a shareholder in the company.

About Doubleview Gold Corp
A mineral resource exploration and development company is headquartered in Vancouver, British Columbia, Canada. It is publicly traded on the TSX-Venture Exchange (TSXV: DBG) (OTCQB: DBLVF) (GER: A1W038), and (FSE: 1D4). Doubleview focuses on identifying, acquiring, and financing precious and base metal exploration projects across North America, with a strong emphasis on British Columbia. The company enhances shareholder value through the acquisition and exploration of high-quality gold, copper, cobalt, scandium, and silver projects-collectively critical minerals-utilizing cutting-edge exploration techniques.

Doubleview’s success is deeply rooted in the unwavering support of its long-term shareholders, supporters, and institutional investors. Their ongoing commitment has been instrumental in advancing the company’s strategic initiatives. Doubleview looks forward to further collaborative growth and development and continues to welcome active participation from its valued stakeholders as the company expands its portfolio and strengthens its position in the critical minerals sector.

About the Hat Polymetallic Deposit
The Hat Deposit, located in northwestern British Columbia, is a polymetallic porphyry project with major resources of copper, gold, cobalt, and the potential for scandium. As one of the region’s significant sources of critical minerals, the Hat deposit has undergone targeted exploration and development. The 0.2% CuEq cut-off resource estimate, as of the recently completed Mineral Resource Estimate and the Company’s July 25, 2024 news release, is summarized below:

Open Pit Model Hat

Resource Category

Tonnage

Average Grade Metal Content
CuEq Cu Co Au Ag CuEq Cu Co Au Ag
Mt % % % g/t g/t million
lb
million
lb
million
lb
thousand oz thousand oz
In Pit Indicated 150 0.408 0.221 0.008 0.19 0.42 1,353 733 28 929 2,045
Inferred 477 0.344 0.185 0.009 0.15 0.49 3,619 1,945 91 2,328 7,575

Scandium potential for the Hat Deposit is estimated to be 300 to 500 million tonnes at an average grade of 40 ppm (0.004%) Sc2O3.

For further details, please refer to the Company’s July 25, 2024 news release.

On behalf of the Board of Directors,

Farshad Shirvani, President & Chief Executive Officer

For further information please contact:
Doubleview Gold Corp
Vancouver, BC Farshad Shirvani
President & CEO

Institutional Investor Line: (604) 607-5470
T: (604) 678-9587
E: corporate@doubleview.ca

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Certain of the statements made and information contained herein may constitute “forward-looking information.” In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

The issuer is solely responsible for the content of this announcement.

Johnson Electric and Aegis Sortation Announce Distribution Partnership

Aegis Sortation becomes exclusive technology distributor for Johnson Electric in the North American market


VANDALIA, US – Media OutReach Newswire – 16 October 2024 – Johnson Electric, a global leader in electric motors, actuators, motion subsystems and related electro-mechanical components, today announced an exclusive distribution agreement in partnership with Aegis Sortation. Under the agreement, Aegis will become the technology distributor for Johnson Electric TrueDrive™ and VersaSort™ products in North America.

The decision to formulate the strategic partnership builds upon Aegis’ brand recognition in the material handing industry and Johnson Electric’s 65 years of expertise in motion system solutions.

“As e-commerce sales continue to grow in the United States, we’re thrilled to embark on this partnership with Aegis Sortation, which is trusted for its proven solutions in the material handling industry,” said Stephen Pennington, vice president, IPG Americas, for Johnson Electric. “Their leadership in the freight and parcel and warehouse and distribution industries is second to none. We’ve worked together for over a decade and are happy to build upon our combined expertise to bring even more value to our collective customers with this agreement.”

Aegis Sortation will be exclusively distributing two Johnson Electric products: TrueDrive, an innovative motorized drive roller conveyor system, as well as VersaSort, a compact steerable wheel table that allows divert functions to operate up to twice as fast in small- to larger-sized sortation systems.

Although not part of the distribution agreement, Aegis will also leverage Solligence™, a fast rotary actuator designed for divert motion in sliding shoe sorters. The rotary’s artificial intelligence monitors motion profiles and adjusts for wear, maintaining consistent speed and preventing performance degradation over time.

“We’re committed to delivering transformative innovation with solutions that address the growing challenges in the material handling industry, especially around labor shortages and operational efficiency,” said Tony Young, CEO of Aegis Sortation. “By leveraging Johnson Electric’s cutting-edge solutions, we’re creating sortation modules that solve our customers’ variable package mix challenges, like irregular parcels, which are typically processed manually. This new technology also allows our customers to double their throughput while simultaneously reducing costs through improved asset utilization.”

Customers can view these products on the Aegis Sortation website https://www.aegissortation.com/truedrive-versasort

To learn more about Johnson Electric’s warehouse automation solutions, visit https://www.johnsonelectric.com/en/solutions/segments/warehouse-automation

Hashtag: #JohnsonElectric #AegisSortation

The issuer is solely responsible for the content of this announcement.

About Johnson Electric

The Johnson Electric Group is a global leader in electric motors, actuators, motion subsystems and related electro-mechanical components. It serves a broad range of industries including Automotive, Smart Metering, Medical Devices, Business Equipment, Home Automation, Ventilation, White Goods, Power Tools, Lawn & Garden Equipment, and Warehouse Automation. The Group is headquartered in Hong Kong and employs more than 30,000 individuals in over 20 countries worldwide. Johnson Electric Holdings Limited is listed on The Stock Exchange of Hong Kong Limited (Stock Code: 179). For more information, visit .

About Aegis Sortation

Aegis Sortation is a pioneering force in technology and innovation, providing leading-edge solutions tailored for the material handling industry. Specializing in sortation, we cater to a variety of sectors including warehouse and distribution, freight and parcel, e-commerce, postal services and beyond. Learn more at .

VT Markets Q4 Gold Outlook: Anticipate a “Gold Frenzy”

Q3 Gold Performance Overview


HONG KONG SAR – Media OutReach Newswire – 16 October 2024 – In the third quarter of 2024, gold prices demonstrated remarkable volatility, perhaps reflective of the market environment it currently exists in. The precious metal initially extended its choppy performance from May and June before surging in July. Benefiting from favourable market conditions, gold first reached several new highs, climbing from $2,000 to $2,685 per ounce—a gain of over 30%. However, the rally was followed by a correction, leaving traders uncertain about its future trajectory. Despite this pullback, the VT Markets Research Desk suggests that gold’s bull run is far from over, anticipating even stronger momentum as we head into the fourth quarter.

VT Markets see multiple factors supporting gold’s safe-haven appeal in the coming months. One of the primary drivers is the shift in global monetary policy, with major central banks embarking on rate cuts. As real interest rates decline, the appeal of non-yielding assets like gold increases.

Furthermore, geopolitical instability in the Middle East is intensifying. What began as proxy conflicts escalated into direct confrontations when Iran launched 180 ballistic missiles at densely populated areas in Israel this October. This escalation has heightened the visibility of this conflict and has in turn boosted gold’s attractiveness as a safe-haven asset.

Political uncertainty in the U.S. will also play a role in gold’s trajectory. The presidential race between Donald Trump and Kamala Harris is tight, with both candidates maintaining solid voter bases. With the outcome too close to predict, markets are becoming risk-averse, driving substantial capital into gold as a hedge against potential turmoil.

Emerging markets are also contributing to the upward pressure on gold. Although China paused its gold purchases in the second quarter, it has showed no signs of selling reserves in the following months. Meanwhile, countries like Turkey, India, and Poland continue to increase their gold holdings. A 2024 central bank survey reveals that 29% of institutions plan to expand their reserves within the next 12 months—the highest level in six years—citing gold’s ability to mitigate default risks, hedge against inflation, prevent recessions, and provide liquidity.

From a technical perspective, gold’s previous resistance levels failed to hold, transforming them into critical support zones. Our Reserach Desk identifies the $2,550 per ounce level as a pivotal point for potential pullbacks. Should prices revisit this level, traders might find buying opportunities for mid-term bullish positions. Given the convergence of supportive factors, the likelihood of prices dropping below this range in Q4 is minimal.

The fourth quarter presents a perfect storm for gold’s performance. Declining interest rates, geopolitical risks, election-related uncertainties, and increased central bank gold purchases all point toward continued bullish momentum. We expect that gold’s upward trend will resume, offering attractive opportunities for traders to capitalise on this volatile environment. Traders are advised to stay vigilant and monitor key technical levels as the market evolves.

Hashtag: #VTMarkets #CFDs #CFDsbrokers #Forextrading #Preciousmetals #XAUUSD #Trading



The issuer is solely responsible for the content of this announcement.

Scoot Airlines Expands Flights to Laos Starting December

Scoot Airlines Expands Flights to Laos Starting December
Scoot Airlines Expands Flights to Laos Starting December (photo credit: Vientiane Times)

Singapore’s Scoot Airlines will increase its flights to Laos from three to four per week beginning in December.

Population Change in Asia is Set to Transform Thailand’s Real Estate Sector in Coming Years, says Proud Real Estate

BANGKOK, THAILAND – Media OutReach Newswire – 16 October 2024 – Thailand’s real estate sector, estimated to be worth US 2 trillion, is on the brink of significant transformation, driven by three emerging megatrends: multigenerational living, semi-retirement, and hospitality-residence hybridization. These trends, identified by Proud Real Estate Plc, a leader in the SET-listed property market, are set to redefine the landscape in response to a shifting demographic and the growing popularity of second-home tourism.

Proudputh Liptapanlop
Proudputh Liptapanlop

Ms. Proudputh Liptapanlop, Director of Proud Real Estate Plc, emphasized the significant impact of demographic shifts on the real estate sector. Thailand is experiencing slow population growth and a rising proportion of elderly citizens, with the over-60 population doubling from 10% in 2005 to 20% in 2023. According to the UN World Population report, Thailand is currently classified as an aged society and is projected to become a “super-aged society” by 2029, with 20% of the population over 65. These demographic changes, coupled with economic challenges such as the ‘middle-income trap,’ have weakened the purchasing power of key market segments like millennials and Gen Z. As a result, the property development sector faces new challenges in adapting to these evolving market conditions.
Despite these hurdles, the real estate sector remains a crucial driver of the Thai economy, contributing approximately 10% to the GDP. Ms. Proudputh remains optimistic, seeing these challenges as opportunities to innovate and adapt. She envisions these megatrends as turning points that could lead to a revitalized market, positioning the sector for a rebound that leverages crises into transformative prospects.
Multigenerational Living
Proud Real Estate has identified a significant shift in home-buying dynamics, with multigenerational households emerging as a key trend. This new pattern sees family members across generations acting as co-decision makers in property purchases, with older generations maintaining substantial purchasing influence. According to UNFPA data, 34% of Thai households are currently multigenerational, a figure expected to increase in tandem with the growing elderly population. This trend aligns with broader Asian patterns, where 43% of households feature intergenerational living arrangements. The influence of close family ties extends beyond housing decisions, impacting choices in travel and leisure activities as well, a phenomenon corroborated by Booking.com’s market insights. This shift towards multigenerational living is reshaping the real estate landscape, prompting developers to reconsider traditional housing models and adapt to evolving family structures.
“Multigenerational living is on the rise in upscale segment,” she reveals.
To seize a new growth opportunity, the flexibility principle is put at the heart of home design that allows for functional expansion in the future to meet the needs of family members across generations. It starts with a basic layout and construction that fully support every stage of human life cycle.
Under one roof, demands vary. Gen Xers will need a home remodeling to enhance mobility with fewer obstruction and wider doorways when they experience physical health challenges. When it comes to location, millennials and Gen Zers prioritize proximity to work as they are career oriented. While Gen Alpha concerns the neighborhood safety where a high-quality school is situated.
Semi-retirement lifestyle

Thailand’s aging society is reshaping retirement patterns and labor market dynamics. A 2024 Fidelity Investments study reveals that 66% of Gen-Z and Millennials favor phased retirement, with 57% planning part-time work during retirement. This trend is fostering a “semi-retirement lifestyle,” where individuals reduce work hours while maintaining income to pursue personal interests. Globally, semi-retirement is gaining traction, driven by financial needs, the desire to stay active, and personal passions. This shift highlights a growing demand for residential properties that can accommodate both work and leisure, as well as integrated medical care facilities.

Hospitality-Residence Hybridization

Although the outlook for housing demand is sluggish, land prices especially in central business district (CBD) of Bangkok will keep skyrocketing. With such price determination, international demands will play a major role in supporting the real estate market in the medium term.
Thanks to the influx of international demands seen in Bangkok and Phuket, the use of property and length of stay has been shifted from a primary residence for full-time occupants to a secondary occupancy for semi-vacationing. As a result, mixed-use development will continue to dominate Thailand’s real estate development, offering products and services that meet the needs of all customer groups beyond residential purposes. Branded residence is leading the way along with retail and office spaces like urban and market developments in Dubai.
Synergizing Hospitality Legacy into Real Estate
Proud Real Estate has redefined luxury living with its latest projects, VEHHA Hua Hin and ROMM Convent, by synergizing hospitality elements into residential offerings, based on the findings on the 3 latest trends.
VEHHA Hua Hin provides an experience akin to a high-end hotel stay, featuring unrestricted ocean views from every unit, thanks to its single-loaded corridor layout. Residents enjoy a-la-carte room services and a range of exclusive hotel services from the Holiday Inn at special rates. Additionally, residents receive complimentary access to Vana Nava Water Park for three years, enhancing the resort-like atmosphere.
ROMM Convent, located in the heart of Bangkok, is a luxury wellness residence designed to offer a “home-like feeling” with spacious living areas integrated with holistic health and wellness facilities. These include a fit lab café, a sensory garden, a wellness lounge, and a library. Unique features like meditation pods on the sky retreat offer residents a serene escape. Moreover, ROMM Convent partners with one of Asia’s most prestigious hospital networks, BDMS, providing medical care right at the doorstep through the multi-specialty BNH hospital. Residents benefit from the VVIP program and receive a 20% discount on services, addressing the increasing demand for health and wellness in the post-COVID-19 era.

Hashtag: #Proudrealestate #Condominium #Bangkok #Sathon #Silom #HuaHin #CondoHighRise #Condosathon #CondoHuaHin #Thailand #PropertyInvestment #Propertyinthailand



The issuer is solely responsible for the content of this announcement.

About Proud Real Estate Plc

Founded in 2019, Proud Real Estate Plc is a visionary property development arm of the esteemed Proud Group in Thailand. With a heritage spanning over six decades in construction, hospitality, and retail, the company leverages deep industry expertise from iconic ventures such as The InterContinental Hua Hin Resort, BluPort Hua Hin Resort Mall, and Vana Nava Water Park. Proud Real Estate is dedicated to revolutionizing the real estate landscape by melding luxurious hospitality with residential living, encapsulated in its ethos of ‘More Than Just Living’.
Proud Real Estate’s pioneering approach is showcased in its flagship project, the InterContinental Residences Hua Hin, launched in 2019. This development epitomizes the company’s commitment to offering residences that provide not just homes, but lifestyles enriched with hotel-like services and a sense of asset ownership. Building on this success, subsequent projects like VEHHA Hua Hin and ROMM Convent in Bangkok continue to push boundaries, offering residents unparalleled wellness facilities, stylish designs, and sustainable living options that respect local culture and the environment.
As Proud Real Estate propels forward, it remains focused on crafting bespoke living spaces that cater to the discerning tastes of modern homeowners and investors. Each project is a testament to the company’s dedication to quality, innovation, and creating living environments that offer more than just a place to live—they offer a way to truly live well.

For more on Proud Real Estate Plc’s redefined ‘living’ unique portfolio of projects, visit