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Laos, Cambodia Enhance Border Cooperation With 387 New Border Posts Agreement

Laos, Cambodia Enhance Border Cooperation With 387 New Border Posts Agreement
Mr. Saleumxay Kommasith and Mr. Var Kimhong shakes hand after reaching an agreement (photo: Lao people's Army News)

Laos and Cambodia agreed to continue their border cooperation by deciding to install 387 more border posts last Friday at the Cambodian-Lao Joint Boundary Commission meeting in Sihanouk Ville, Cambodia.

Laos All Set to Host Asean Tourism Forum 2024

Over 600,000 Foreign Tourists Visited Vientiane Capital in 2022
Picture of Patuxay Monument at night.

The ASEAN Tourism Forum (ATF) will be held in Laos next year and the event will focus on aspects like sustainability, digitalization, and labor shortage to improve the tourism industry in Southeast Asia.

Fortune Insight enters agreement with Nikkei China (Hong Kong) Limited, strengthening its newly integrated platform for global and Asia, especially Japan, market, and life content

HONG KONG SAR – Media OutReach – 24 April 2023 – Fortune Insight, a Hong Kong-based FinTech company, today announced that it has signed an agreement with Nikkei China (Hong Kong) Limited, to offer selected Nikkei Asia content to Fortune Insight customers.

Nikkei Asia is Japan and Asia’s definitive source of trusted news and information to help people make decisions and know the latest situation in Japan and Asia market. This new agreement will offer Fortune Insight customers access to a selection of Nikkei Asia’s uniquely trusted content through FI x NIKKEI ASIA website and mobile app.

“As one of the top financial news websites in Hong Kong, Fortune Insight applies AI and big data technology to instantly provide the public with daily first-hand financial news synchronizing the pulse of world markets. Our partnership with Nikkei Asia, adding with Fortune Insight’s group of professional investment and financial columnists, will bring readers faster and more practical financial and cultural content,” said Nathan Tsang, CTO of Fortune Insight. “We are very pleased to be able to reach this strategic collaboration with Nikkei China (Hong Kong) Limited.”

“We are delighted to collaborate with Fortune Insight, a fast-growing business news organization committed to high quality journalism. Like Fortune Insight, Nikkei Asia prides itself for timely, on the ground news reports and in-depth analysis with an Asian perspective. We are confident that together, we can provide a wealth of useful information that will enrich our readers’ business activities across the globe.” Said Nozomu Kitadai, Managing Director of Nikkei China (Hong Kong) Limited.

FI x NIKKEI ASIA Annual Subscription Scheme Officially Launched

Fortune Insight partners with Nikkei China (Hong Kong) Limited by launching a new FI x NIKKEI ASIA scheme, which will provide a paid subscription service with an annual fee of HK$600. Subscribers can enjoy full access to English language online content provided by Nikkei Asia. In addition, FI x NIKKEI ASIA subscribers also enjoy 7-Day Free All Access across all columns on Fortune Insight Prime (which is valued at HK$7,900).

FI x NIKKEI ASIA subscribers will also enjoy a series of exclusive offers provided by Fortune Insight. Interested parties may refer to the latest updates on FI x NIKKEI ASIA Website.

Hashtag: #FortuneInsight #Nikkei

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

About Nikkei Asia

Nikkei Asia brings you news and insights on the region’s most influential companies, and comprehensive coverage of business, economy, markets, technology, politics, and trends – all from a uniquely Asian perspective. Nikkei Asia is published by Nikkei Inc.

For more than 145 years, Nikkei has been providing unparalleled coverage of Japan’s economy, industries and markets. The group’s business portfolio includes publishing, broadcasting and the Nikkei 225 stock index. Its flagship media, The Nikkei, has a circulation of approximately 2.5 million. With 37 bases globally and 1500 journalists, Nikkei is ideally positioned to provide Asian news and analysis to a global audience.

The Financial Times (FT), the global business newspaper, joined the Nikkei Group in 2015. As content partners, the Nikkei Asia and the FT share selected articles with their respective audiences and collaborate on joint editorial projects.

About Fortune Insight
A FinTech and financial information media platform based in Hong Kong, Fortune Insight provides readers with the latest news headlines, features, and market analysis by applying its own in-house AI and big data system. In 2020, the platform launched Fortune Insight Prime cooperating with more than 40 financial writers and analysts in Hong Kong to produce a series of financial columns and podcasts. Fortune Insight Prime mobile app was launched in early 2022. In May, Fortune Insight officially partners with Dow Jones & Company.

Authorities to Clear Commercial Area for Tourism Spot in Vang Vieng

Authorities to Clear Commercial Area for Tourism Spot in Vang Vieng
The commercial area with large space of the old airport that will be turned into a tourism spot (photo: Laophattana News)

On Wednesday, the Vang Vieng government issued a notice directing stalls at a commercial area near the old airport to vacate the premises to make way for a new tourism spot.

The Largest International Student Design Competition Goes Global With 21 Design Association on Board

Total Prize Money of US$120,000 and Free Entry for All

TAIPEI, TAIWAN – Media OutReach – 21 April 2023 – Established in 2008, the Taiwan International Student Design Competition (TISDC) has currently entered its 16th year, it continues to be acknowledged by the global design industry as a student exclusive competition that is not only world-renowned but also highly credible. The competition serves as a paradigm for design education sponsored and promoted by the Taiwan’s Department of Higher Education, Ministry of Education. The theme of this year, Compassion, is tightly connected to the SDGs: Sustainable Development Goals proposed by the UN. It is hoped that students worldwide can observe and tap into people and things in need in daily lives as well as apply design thinking that embodies empathy and compassion to make this world a better place.

The Call for Entry Information for 2023 TISDC
The Call for Entry Information for 2023 TISDC

Since 2015, iSee Taiwan Foundation and Sayling Wen Cultural & Educational Foundation have been sponsoring the TISDC and helping the competition set up special prize authorized by international design associations. The TISDC has forged a strong partnership with 21 international design associations, located in Europe, Americas, Asia, Africa, and Oceania, all of which are world renowned and have a large scale. The international design associations that endorsed the special prize are: Cumulus Association, International Council of Design, World Design Organization, Bureau of European Design Associations, Pan-Afrikan Design Institute, International Poster Biennial in Mexico, and so forth. The judging panel delegated by the international design associations will select works that meet the evaluation criteria of each association among the shortlisted entries in the Product Design, Visual Design, and Digital Animation categories. Through this collaboration mechanism, an international design platform is built to provide a stage for students around the world to showcase their design ideas.

Brand Specified Special Prize: This year the prize sponsored by the TPCA Environment Foundation will include Environmental Sustainability Award with 3 winners and Special Region Award with 6 winners. The Environmental Sustainability Award winners will be selected from the shortlisted entries in the Product Design, Visual Design, and Digital Animation that best reflect the concept of “Development of Circular Economy”. As for Special Region Award, judging panel will prioritize selecting entries from countries such as Thailand, Vietnam, Malaysia, and India. The final selection process will be adjusted according to the shortlisted entries received in the year.

Collaborators: This year the TISDC has also extended a special invitation to Chiayi City Government, Cultural Affairs Bureau of Chiayi City Government, Cultural Affairs Bureau of Kinmen County, and Foundation for European Cultural Exchange. Additionally, Chiayi City Government offers “Chiayi City Special Prize” with 1 winner. The jury panel will select winner out of entries in Visual Design category that can best meet the criteria of Chiayi City Government.

The competition has three categories: Product Design, Visual Design, and Digital Animation
Grand Prix (1 winner) will be selected from the finalists of the three categories: NT$400,000, a trophy, and a certificate.
Gold Prize (1 winner from each category): NT$250,000, a trophy, and a certificate
Silver Prize (1 winner from each category): NT$150,000, a trophy, and a certificate
Bronze Prize (3 winners from each category): NT$60,000, a trophy, and a certificate
Honorable Mention (several from each category): NT$10,000, and a certificate

International Design Association Special Prize (21 winners) (Sponsored by iSee Taiwan Foundation and Sayling Wen Cultural & Educational Foundation)

Each special prize from the 21 design associations comes with a prize of NT30,000, a trophy, and a certificate endorsed by the respective design association.

Brand Specified Special Prize (Sponsored by TCPA Environment Foundation):
Environment Special Prize (3 winners)
NT$100,000, a trophy, and a certificate.
Special Region Award (6 winners)
NT$30,000, and a certificate.

Chiayi City Special Prize (1 winner) (Offered by Cultural Affairs Bureau of Chiayi City Government):
NT100,000, a trophy, and a certificate.

The 2023 Taiwan International Student Design Competition is about to launch its call for entries. Online registration will soon be available on May 15th, 2023 (Monday) and the deadline for submission is July 15th, 2023 (Saturday) at 23:59 Taipei time (GMT +8:00).

For more details, please visit: https://www.tisdc.org/en

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

China Dongxiang Announces Operational Results for Q4 and Twelve Months of FY2022/23

Overall Retail Performance and Same-store-sales, Recovered Steadily in Q4 Both Recorded Mid-to-low Teens Growth

HONG KONG SAR – Media OutReach – 21 April 2023 – The leading international sportswear brand enterprise in the PRC, China Dongxiang (Group) Co., Ltd. (“China Dongxiang” or “the Company”, together with its subsidiaries, the “Group”, HKEX stock code: 3818) announces the operational data for the three months ended 31 March 2023 (”FY2022/23 Q4”) and the twelve months ended 31 March 2023 (the ”Twelve Months of FY2022/23”).

In FY2022/23 Q4, the retail performance of Kappa-branded stores of the Group (excluding Kappa kids’ apparel business) for the overall platform recorded a mid-to-low teens increase on a year-on-year basis. The total retail performance of the overall platform for the Twelve Months of FY2022/23 (excluding Kappa kids’ apparel business) recorded a mid-to-high single-digit decline on a year-on-year basis.

In respect of Kappa-branded stores (excluding Kappa kids’ apparel business) which have been in operation since the beginning of the same quarter last year, the same-store-sales for the overall platform recorded a mid-to-low teens increase in FY2022/23 Q4. For the Twelve Months of FY2022/23, the same-store-sales for the overall platform (excluding Kappa kids’ apparel business) recorded a mid single-digit decline on a year-on-year basis.

As at 31 March 2023, the number of Kappa-branded stores of the Group was 1,025 (excluding Kappa kids’ apparel business), which was a net decrease of 158 as compared to those as at 31 March 2022.

Ms. Cherry Chen, Executive Director, Co-chairman and Co-president of China Dongxiang, said, “The consumer market in China has rebounded significantly after the pandemic, while the sportswear market is gradually recovering. In the face of changing consumer needs and market conditions, the Group continued to drive its long-term strategy and uphold long-termism as its core value, advanced its brand and product innovation in an orderly manner, including the strategic planning of product lines, marketing activities and channels, and focused on sustainable development. The Group’s KAPPA brand has made initial achievements since the beginning of the year. Looking ahead, the Group will steadily progress alongside the market development in China to adapt to new market consumption patterns.”

Hashtag: #ChinaDongxiang

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

About China Dongxiang (Group) Co., Ltd. (Stock code: 3818)

China Dongxiang (Group) Co., Ltd. is a leading international sportswear brand enterprise in China which has been listed on the Main Board of the Hong Kong Stock Exchange since 10 October 2007. The Group is primarily engaged in the design, development, marketing and wholesale of branded sportswear in China. Currently, China Dongxiang owns all rights to the internationally renowned Kappa brand in Mainland China and Macau. Since April 2008, the Group became the owner of the brand PHENIX. PHENIX is a well-known skiing brand in the international market.

IMDEX Asia 2023 Returns, Debut of Italian Navy Ship “Francesco Morosini”, Warship Display & Many More

SINGAPORE – Media OutReach – 21 April 2023 – IMDEX Asia 2023, Asia Pacific’s leading international maritime defence exhibition returns this May, spotlighting the finest fleets of naval and integrated defence innovations, systems and solutions from traditional sectors. Amongst the key highlights this edition includes the Italian Pavilion (booth K25) organised by the Italian Trade Agency, with more than 10 Italian companies showcasing the very best of Italian technology and systems, as well as the debut of the Italian Navy Ship “Francesco Morosini” – a Multipurpose Offshore Patrol Vessel, with 6,400 tons of displacement, 143 meter of length and 17.5 meter of width, delivered on 22 October 2022 to the Italian Navy at Fincantieri’s shipyard in Muggiano (La Spezia).

Happening from 3-5 May 2023, the highly-anticipated exhibition is expected to see the participation of over 11,000 attendees from 62 countries, including 236 exhibitors from 30 countries including Italy, Indonesia, China, Thailand, Malaysia, and the United States. With Singapore’s strategic position offering unrivaled access to the regional market, the exhibition will attract an audience of decision makers, buyers and officials from navies, agencies and maritime organizations from around the world.

WARSHIP DISPLAY – Debut of “Francesco Morosini”
In addition to the programme lineup across the 3-day event, attendees can look forward to the Warship Display segment with the debut of the Italian Navy Ship “Francesco Morosini”. The Multipurpose Offshore Patrol Vessel represents the cutting-edge of Italian technology in the naval and electronic sector, with her impressive characteristics – 6,000 tons of displacement, 143 metres in length and 17.5 metres in width. One of the main features of the “Francesco Morosini” is the new concept bridge “Naval Cockpit”, an integrated system that allows the conduct of the ship and the majority of the maritime operations by only two operators, the pilot and the co-pilot, who incorporated the figures of the duty officer on the bridge and the command.

The Morosini, whose motto is EX UNDIS SIGNUM VICTORIAE (from the waves presaging victory), will be the stage not only for defence-related activities within the warship display but also for institutional and cultural events jointly organized by the Embassy of Italy in Singapore and the Italian Defence Attaché Office in partnership with local institutions.

Commenting on this year’s edition of IMDEX Asia 2023, H.E Ambassador Mario Andrea Vattani, Ambassador of Italy to Singapore and Brunei said “Italy participates in IMDEX Asia with its new state-of-the-art ship operating in the Italian Navy: the “Francesco Morosini” Multipurpose Offshore Patrol Vessel. Singapore will be the first port call in Asia of the ship’s five months global campaign, which marks Singapore’s prominence as a strategic hub. The unit will also be the stage for promoting our excellences in other fields, including culture and scientific research as part of the ‘Italian Festival in Singapore’, the annual festival to be held from May to July 2023. A jazz concert, visits from local schools and lectures in partnership with Singapore universities will give visitors the chance to experience cutting-edge technologies and innovative systems first-hand”.

NOVEL NAVAL INNOVATIONS
Organised by the Italian Trade Agency in collaboration with Italian Ministry of Foreign Affairs and International Cooperation, the Italian Ministry of Defence, the Italian Secretariat General of Defence and National Armaments Directorate and AIAD (the Italian Industries Federation for Aerospace, Defence and Security), the Italian Pavilion at IMDEX Asia 2023 will also see the participation of 10 Italian companies – showcasing the very best of Italian excellence.

With the growing western interest in the strategically important region like Singapore, President of AIAD (Italian Industries Federation for Aerospace, Defence and Security) Giuseppe Cossiga said, “The Singapore market represents an extremely important technological and strategic hub for companies in the AD&S sectors. The Italian companies have been present in this market for many years and conduct in cooperation with Singaporean institutions and Armed Forces Research and Innovation activities, as well as development and marketing of complex cutting-edge systems of excellence. The exchange of training activities and services, where doctrines, equipment and systems are provided through or by Italian companies are the evidence of a winning and consolidated partnership”.

ITALIAN MARITIME DEFENSE OUTLOOK 2023
With maritime security remaining a key priority in today’s modern world, attendees can also look forward to discovering emerging Italian technologies like cybersecurity, unmanned systems, sensors and surveillance. In the framework of the re-configuration process of global value chains, Singapore continues to be a popular and growing destination bridging access to all other regional ASEAN countries, which is fundamental to its financial, commercial and logistic hub.

According to the data made available by AIAD, Italy registered 5.4 billion Euros of turnover in 2020 for the land and maritime defence sector, employing 16,400 workers. Together with land and maritime, the whole sector including aerospace ranks 4th in Europe and 7th in the world, with a high level position in the international context. Italy continues to hold leadership positions within this sector, enhanced by the collaboration with large national industries, research centres and universities.

IMDEX Asia 2023 will take place at the Changi Exhibition Centre from 3-5 May 2023. The Italian Pavilion will officially kick off at 11:30am on 4 May, with a welcome speech by H.E. Mario Vattani, the Ambassador of Italy to Singapore and Brunei, followed by a focus on the sector and the Italian opportunities participating, delivered by Mr. Giuseppe Cossiga, President of AIAD. The press conference will be moderated by Ilaria Piccinni, Deputy Trade Commissioner of the Italian Trade Agency Singapore who will be giving a short introduction about the presence at the trade show. On 4 May at 3.40pm at the TechStage within the trade show space, the Association AIAD will be presenting key figures of the sector and share a brief introduction of the Italian companies present at IMDEX Asia. This will be the opportunity to discover more about the Italian excellences in this sector. The Italian Pavilion is located at Booth K25.

IMDEX Asia 2023 Event Details
Date: 3-5 May 2023 (Wed-Fri)
Time: 8:30AM – 5PM on Wednesday
9.30AM – 5PM on Thursday & Friday
Venue: Changi Exhibition Centre, 9 Aviation Park Road Singapore 498760
For more information, visit https://www.imdexasia.com/.

About IMDEX Asia 2023 – 3-5 MAY @Changi Exhibition Centre

IMDEX Asia is Asia Pacific’s leading naval and maritime defence event and the region’s epicentre of thought leadership and partnerships for key decision-makers, buyers and top officials from all across the globe. It will be held at the Changi Exhibition Center from 5-6 of May. The Exhibition presents the finest fleets of naval and integrated defence innovations, systems and solutions from traditional sectors like shipbuilding, armaments and propulsion systems to emerging technologies like cybersecurity, unmanned systems, sensors and surveillance.

For more information, visit https://www.imdexasia.com/.

Hashtag: #IMDEXAsia2023

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

Italian Trade Agency

The Italian Trade Agency (ITA) is the governmental agency that supports the development of their companies abroad and promotes the attraction of foreign investment in Italy. With a motivated and modern organization and a widespread network of overseas offices, ITA provides information, assistance, consulting, promotion and training to Italian small and medium-sized businesses. Using the most modern multi-channel promotion and communication tools, it acts to assert the excellence of Made in Italy in the world. ITA offices are the ideal gateway for enterprises to establish business relationships with Italian partners, from sourcing Italian products, to investment opportunities in Italy.

For more information, visit .

Siem Reap International Airport to Start Test Flights by Mid-May

Siem Reap Angkor International Airport to Test flights by Mid-May
The main work on the first phase of Siem Reap-Angkor International Airport was 63 per cent complete as of December 31, falling short of the planned 70 per cent. ( Photo : Phnom Penh Post )

The steering committee for the construction of Siem Reap Angkor International Airport held a meeting on 20 April to confirm that flight trials will begin in May.