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Laos-Vietnam Railway Set to Open for Service in 2028

Laos-Vietnam Railway Set to Open for Service in 2028
The President of Petroleum Trading Lao Public (PTL) Company, Mr. Chanthone Sitthixay, the President of Yooshin Engineering Corporation, Mr. Chon Kyung-soon, and the Executive Director of Korea National Railway, Mr. Park Jin-Hyun pose for a photo after signing the contract

The planned Laos-Vietnam Railway, running from Thakhek district in Khammouane province to the Lao-Vietnamese border, is expected to be completed and open for service in 2028.

Empowering Sellers for Success: BEST Express Malaysia Introduces Exclusive Shipping Rates

KUALA LUMPUR, MALAYSIA – Media OutReach – 4 September 2023 – In honour of the National Day and Malaysia Day celebrations, BEST Express Malaysia is delighted to announce its latest campaign, “BEST Season. BEST Delivery.”

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This campaign offers customers an opportunity to enjoy an exclusive promotion rate of RM4.99 (price before SST) for the first 5 kg of shipments within Malaysia. The promotion has started since 1st September 2023 and will run throughout the campaign period.

“It’s a privilege to introduce the ‘BEST Season. BEST Delivery.’ campaign in Malaysia. With the “BEST Season. BEST Delivery.” campaign, the company reinforces its mission to empower businesses and individuals with accessible, affordable, and dependable delivery solutions. Our goal is not only to deliver parcels but to deliver experiences,” said Jessy Sun, General Manager of BEST Inc Malaysia and Singapore.

As part of this campaign, BEST Express Malaysia is offering exclusive shipping rates designed to empower sellers in optimizing their delivery operations. By providing access to these advantageous rates, the company is extending a helping hand to businesses of all sizes, enabling them to enhance their competitiveness and profitability.

This campaign marks a significant step in BEST Express Malaysia’s ongoing efforts to revolutionize the delivery industry. As the company continues to invest in cutting-edge technology and streamlined operations, it aims to redefine customer expectations for shipping reliability and cost-efficiency.

The campaign is available to all BEST Express Malaysia users, including both General Users and Key Account customers. Customers can take advantage of this special offer by creating consignment notes for eligible shipments within the campaign period. The eligible shipments include deliveries:

  • from Peninsular Malaysia to Peninsular Malaysia
  • from Sabah to Sabah
  • from Sarawak to Sarawak

” We’re not only offering cost savings but also reinforcing our position as a provider of choice in the delivery industry.”

” Our customers are at the heart of everything we do, and the ‘BEST Season. BEST Delivery.’ campaign is a token of our appreciation for their trust and loyalty. With this promotion, as we roll out this campaign, we’re reminded of the strong partnerships we’ve built with our customers,” Jessy Sun continued.

For more details, contact or walk into the nearest branch: https://www.best-inc.my/fstatic?type=serviceLocation

Hashtag: #bestexpressmalaysia #expressdelivery #parceldelivery


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

BEST Express Malaysia

BEST Express Malaysia started its operations in April 2020, possess the courier license issued by Malaysian Communications and Multimedia Commission (MCMC).

BEST Express has expanded steadily and procured 10 hubs and more than 300 stations nationwide, with the capacity of 200,000 parcels daily, and the number is growing day by day.

For more information, please visit:

Bank Negara Malaysia likely to keep OPR at 3%—OctaFX

OctaFX analyses the likelihood of BNM keeping the Overnight Policy Rate (OPR) unchanged at 3% at the upcoming Monetary Policy Committee meeting on September 6-7. Learn about the potential impact on the Malaysian ringgit.

  • Headline inflation in Malaysia declined to 2% in July, according to the Monetary and Financial Developments by Bank Negara Malaysia (BNM).
  • The domestic financial market and the ringgit exchange rate were driven primarily by expectations that the US Federal Reserve’s monetary tightening cycle was nearing an end.
  • The Overnight Policy Rate (OPR) is unlikely to be raised at the next meeting, as the Malaysian economy is growing steadily.
  • If the Monetary Policy Committee leaves the rate unchanged, USDMYR could hit 4.5000–4.5500.

KUALA LUMPUR, MALAYSIA – Media OutReach – 4 September 2023 – The Monetary Policy Committee (MPC) of the Bank Negara Malaysia (BNM) will meet on 6-7 September to decide on monetary policy.

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According to the BNM’s report on Monetary and Financial Developments in July 2023, headline inflation in Malaysia continued to decline, reaching 2% in July. This decrease was driven by lower core inflation, attributed mainly to lower inflation for food away from home and selected discretionary services.

The latest report from BNM also predicts that Malaysia’s economy will grow towards the lower end of the 4% to 5% range in 2023, driven primarily by domestic demand.

The performance of the domestic financial market was largely influenced by expectations that the US Federal Reserve’s monetary tightening cycle was nearing an end. As a result, the ringgit appreciated by 3.1% against the US dollar in July. However, this growth was offset in August, and currently, the USDMYR is testing a two-month high of 4.6300–4.7000.

‘BNM cannot ignore the decline in inflation’, said Kar Yong Ang, the OctaFX financial market analyst. ‘With the Malaysian economy growing steadily and the likelihood of a pause in the US Federal Reserve’s key rate hike, the Overnight Policy Rate (OPR) is unlikely to be raised at the next meeting’, he added.

Considering the current level of the OPR, the market policy is expected to be accommodating and supportive of the economy. This move aims to support capital markets and stabilise the USDMYR exchange rate, which is anticipated to trend lower (and the ringgit appreciating) with a target range of 4.5000–4.5500.

Hashtag: #BNM #interestrate #MYR #USD

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

About OctaFX

is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services already utilised by clients from 180 countries who have opened more than 42 million trading accounts. Free educational webinars, articles, and analytical tools they provide help clients reach their investment goals.

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

In the APAC region, OctaFX captured the ‘Best Forex Broker Malaysia 2022’ and the ‘Best Global Broker Asia 2022’ awards from Global Banking and Finance Review and International Business Magazine, respectively.

Boat Capsizes at Mekong River in Oudomxay Province, Claiming Three Lives

Five people went missing after a boat capsized in the Mekong River in Pakbeng district, Oudomxay province, on Saturday, 2 September. (Photo: Nitthaphone Soulinya)

A boat carrying 10 passengers capsized in the Mekong River in Pakbeng district, Oudomxay province on Saturday, and three of the five passengers who went missing were found dead on Monday.

Hantec Celebrates 33 Years of Success and Global Expansion with Further Growth in Africa

HONG KONG SAR – Media OutReach – 4 September 2023 – Hantec Group, a trailblazing leader in the trading world, today proudly marks its 33rd anniversary as a key player in the financial industry. Operating across 19 cities under their family of three brands – Hantec Financial, Hantec Markets, and Gaitame Finest – the group stands as a beacon of innovation, expertise, and commitment to traders’ success.

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The anniversary not only solidifies its global presence but also heralds a significant further expansion into the African market, affirming the group’s mission of keeping traders ahead in the dynamic trading landscape.

Three decades of trading expertise

For over three decades, Hantec has led the trading industry providing cutting-edge tools, resources, and insights that empower traders across all levels. Its commitment to excellence has forged trust with traders across the globe, spanning more than 61 countries.

“We celebrate this incredible milestone of over 30 years in the trading industry. Our success reflects hard work, dedication, and trust from our clients and partners who’ve supported us,” said Freddy Lau, Hantec Group CEO.

Hantec’s expansion into Africa marks a significant step in its global growth strategy. By setting foot in Africa in 2017, this move embraces the opportunity to empower African traders and assist IBs in capitalizing on the rapid rise of traders in the continent, recently setting up another office in Rwanda. Understanding Africa’s unique challenges and opportunities, Hantec offers tailored solutions that make a lasting impact.

Providing state-of-the-art trading platforms, resources, and expert analysis, Hantec remains dedicated to empowering traders. With a global presence across the world’s cities, it offers localized insights while maintaining a global perspective.

As Hantec celebrates its history and envisions growth and innovation, its commitment to keeping traders remains – always one step ahead in the world of trading. The expansion into Africa signifies not just a milestone but also a promise of excellence and empowerment across borders.

Hashtag: #Hantec

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

About Hantec Group

Hantec Group is a comprehensive enterprise with a global presence in 40 institutions across 19 cities. Hantec is a renowned name in the trading industry, boasting over 30 years of experience in providing traders with cutting-edge tools, resources, and insights. With a global presence spanning cities worldwide and 12 regulatory licenses, the brand is committed to its mission of keeping traders ahead in the dynamic world of trading.

Bybit’s TradeGPT to Offer AI-Powered Trading Assistant

DUBAI, UNITED ARAB EMIRATES – Media OutReach – 4 September 2023 – Bybit, one of the world’s most trusted crypto exchanges, is proud to announce the launch of TradeGPT, its AI-powered education tool. The new product was developed as part of the exchange’s mission to become the Crypto Ark of the world, offering free mentorship and financial education.

The normal ChatGPT can’t offer content based on the latest market trends and movements as it doesn’t have real-time data and was last updated in September 2021. However, ToolsGPT has access to Bybit’s market data, trading analytics, and technical analysis tools, combining the power of the AI model with the sophisticated data of Bybit’s platform.

Now Bybit users can access real-time market analysis and answers to their questions in multiple languages. In this way, TradeGPT acts as a mentor and guide to the exponential world of Web3. For example, it can offer market strategies in terms of percentage chance and also recommend the right products for the strategies being discussed.

“Our analysts and tech team created ToolsGPT to provide the financial education and mentorship that is sorely needed in our hyper-financialized world,” said Vivien Fang, head of financial products at Bybit. “Essentially, we built the tool that we all wished we had when we began our careers in financial engineering and trading. We’re proud to offer this for free as part of our mission to become the world’s Crypto Ark.”
Hashtag: #Bybit #TheCryptoArk

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

Bybit

Bybit is a top-five cryptocurrency exchange established in 2018 that offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

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Lao Govt Launches State-Owned Company to Boost Liquidity of Financial Institutions

Lao Government Launches State-Owned Company to Boost Financial Liquidity for Banks, Debtors
Officials from the Bank of Lao PDR gather at the launch ceremony of "the state-owned Debt and Asset Administration Company Limited" (photo: Culture and Business News)

The Lao government is bolstering the financial stability of commercial banks and financial institutions by creating a state-owned entity, the Debt and Asset Administration Company Limited, which will acquire non-performing loans and unsold assets from these organizations.

Cellini Clinches Best Customer Service Award for the Second Time in Singapore

Cellini shines as Singapore’s Best Customer Service brand for the second consecutive year in the prestigious “Singapore’s Best Customer Service 2023/24” Awards by The Straits Times and Statista. Recognised for its unwavering commitment to delivering unparalleled customer experiences, Cellini emerges as one of the top choices in the Premium Furniture Retail sector.

SINGAPORE – Media OutReach – 4 September 2023 – Cellini, the home-grown designer furniture brand founded by Tan Cheng Whatt, secures a prestigious position among the top five in a highly sought-after award category. Earning a prominent spot after a competitive evaluation of 1,800 brands across 99 categories, the esteemed accolade of Singapore’s Best Customer Service provider recognises Cellini’s dedication to excellence in craftsmanship and customer service, setting it apart as a brand to watch for those seeking top-tier furniture solutions.

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Elevating Craftsmanship and Customer Service to New Heights

Since its inception in 1986, Cellini has remained at the forefront of Singapore’s contemporary furniture market. Offering quality home-grown designer furniture enriched with unique sculptural artistic expressions, the brand has earned a revered position among customers seeking sophistication and elegance in their living spaces. Constantly pushing out an impressive array of new furniture collections and opening up wholly-owned furniture showrooms in Singapore, Malaysia, Indonesia and Taiwan throughout its 37-year journey, the brand is in a relentless pursuit to cement its position as an industry leader renowned for its commitment to excellence.

Remaining at the Forefront of Contemporary Furniture

Solidifying its reputation for excellence in the industry is its numerous accolades and design awards, including being one of the select few local companies carrying the esteemed Made with Passion brand mark. And as of August 2023, adding to this list of accolades is the recent recognition Cellini received for its exceptional customer service in the Premium Furniture Retail sector in the prestigious “Singapore’s Best Customer Service 2023/2024” Award.

The rankings for Singapore’s Best Customer Service 2023/24, finalised by The Straits Times and international market researcher Statista, were determined through an independent and anonymous online survey, with more than 92,000 evaluations from over 10,000 respondents in Singapore participating. And Cellini’s continuous success in clinching the Best Customer Service Award for the second consecutive year is a testament to its profound understanding of the significance of good customer service in shaping purchasing decisions. Outperforming a competitive pool of 1,800 brands evaluated across 99 categories reinforces Cellini’s position as an industry leader renowned for its commitment to customer satisfaction and beyond.

In celebration of this prestigious award, Cellini remains devoted to epitomising unique designs driven by passion and craftsmanship and enriching modern living experiences. With an unwavering dedication to elevating craftsmanship and providing unparalleled customer service, Cellini sets a new benchmark for Singapore’s premium furniture retail sector — encouraging businesses of all sizes to follow suit.

Hashtag: #Cellini



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

Cellini Singapore

Cellini is a home-grown designer furniture brand in Singapore. Investing in state-of-the-art technology, Cellini’s furniture showrooms boast specially curated pieces that are second-to-none in terms of quality craftsmanship. It has also expanded its services to offer timeless furniture pieces across Asia, in Indonesia, Malaysia, and Taiwan, in addition to making its mark as a successful e-commerce business. For more information, please visit: .