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DBS and RESET Carbon partner to scale up decarbonisation solutions in Asia’s manufacturing supply chain

MOU signed to facilitate opportunities for sustainable finance

HONG KONG SAR – Media OutReach – 14 September 2023 – DBS and RESET Carbon (RESET) announced a partnership to focus efforts on accelerating the adoption of decarbonisation and sustainability solutions in the apparel, footwear and textile (AFT) supply chain. The collaboration was formalised with a memorandum of understanding (MOU) that was inked today, in conjunction with the ReThink HK Sustainable Business Conference & Expo.

Yulanda Chung, Managing Director, Head of Sustainability, Institutional Banking Group at DBS (left) and Liam Salter, CEO of RESET Carbon (right) today signed a memorandum of understanding (MOU) at ReThink HK Sustainable Business on Conference & Expo to scale up decarbonisation solutions in Asia's manufacturing supply chain.
Yulanda Chung, Managing Director, Head of Sustainability, Institutional Banking Group at DBS (left) and Liam Salter, CEO of RESET Carbon (right) today signed a memorandum of understanding (MOU) at ReThink HK Sustainable Business on Conference & Expo to scale up decarbonisation solutions in Asia’s manufacturing supply chain.

According to the United Nations Environment Programme, the trillion-dollar fashion industry accounts for up to 8% of global carbon emissions[1]. Of this, upstream activities within the supply chain including materials production, preparation and processing, account for an estimated 80% of emissions[2]. While apparel brands have made strides to reduce emissions[3] in their own operations to be in line with their commitments, decarbonising supply chains continues to be a hurdle.

To enable and accelerate sustainable growth in the AFT sector, DBS and RESET aim to work with both buyers and suppliers, including small and medium enterprises, in Asia’s manufacturing supply chain. AFT brands can access RESET’s advisory services and technical support to drive carbon reductions in their supply chains, set science-based carbon targets, as well as strengthen in-house capabilities. DBS will provide financing solutions to suppliers to invest in cost-effective technologies that enable meaningful reductions in their factory emissions, water use and waste.

In addition, companies can participate in the Carbon Leadership Program (CLP) developed by RESET and the Apparel Impact Institute (Aii). The three-year-old program is designed to help apparel brands and their suppliers set science-based carbon reduction targets. Action plans are then developed through benchmarking and assessments, using a set of standardised tools and collaborative processes.

To date, over 20 of some of the world’s largest apparel brands have participated in the program – representing up to three million tonnes of CO2 avoided per year, if the action plans are fully implemented.

Yulanda Chung, Managing Director, Head of Sustainability, Institutional Banking Group at DBS, said, “Joining forces with an experienced industry practitioner like RESET is a signal that we mean to effect changes in the real economy rather than offering soundbites. The apparel sector is looking for solutions, in both finance and resource efficiency advisory, to mitigate the harmful impacts of fast-changing fashion. This partnership brings together DBS’ extensive Asia network, expertise in sustainable finance with RESET’s successful Carbon Leadership Program.”

Liam Salter, CEO of RESET said, “RESET’s mission is to drive significant carbon reductions in our customers’ value chains. With financing increasingly seen as an integral part of the solution, we are excited to partner with DBS who we view as the most innovative bank in the region to develop new solutions for our collective customers.”

Named World’s Best Bank for Corporate Responsibility[4], DBS offers support to corporate and institutional clients through a range of sustainable finance solutions, from renewable energy financing, green loans, sustainability-linked loans, ESG bonds, green and sustainable trade financing.

Hashtag: #DBS

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

About DBS

DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank’s “AA-” and “Aa1” credit ratings are among the highest in the world.

Recognised for its global leadership, DBS has been named “” by Global Finance, “” by Euromoney and “” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “” by Euromoney and the world’s “” by The Banker. In addition, DBS has been accorded the “” award by Global Finance for 14 consecutive years from 2009 to 2022.

DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by supporting social enterprises: businesses with a double bottom-line of profit and social and/or environmental impact. DBS Foundation also gives back to society in various ways, including equipping communities with future-ready skills and building food resilience.

With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit .

About RESET Carbon

For over 14 years, RESET Carbon has been working with companies and institutions across Asia to resolve the environmental crisis by making meaningful reductions in their carbon, water and waste footprint.

Headquartered in Hong Kong, with offices in Shanghai, Shenzhen, Taipei, Ho Chi Minh City, Chennai, and Munich, RESET delivers end-to-end carbon management and corporate renewable energy services for customers in the real estate, manufacturing, and retail sectors. Their services include strategy development, target setting, roadmap and carbon inventory development, renewable energy procurement, decarbonization programs and more. For more information please visit:

Laos Sends Delegation to 11th Meeting of State Parties to Convention on Cluster Munitions

Delegations of high-level government representatives from Laos attended the 11th Meeting of States Parties to the Convention on Cluster Munitions (CCM) from 11 to 14 September 2023 in Geneva, Switzerland. (Photo: Thip)

A delegation of high-level government representatives from Laos, Deputy Minister of Foreign Affairs, Mr. Phoxay Khaykhamphithoune, shared Laos’ achievements and challenges regarding the issue of Unexploded Ordnance (UXO) at the 11th Meeting of States Parties of the Convention on Cluster Munitions (CCM) from 11 to 14 September 2023 in Geneva, Switzerland.

Thailand’s Government, Seeking Return of Tourists From China, Approves Visa-Free Entry for 5 Months

A Chinese tourist rents traditional Thai costumes and poses for a photographer at Wat Arun in Bangkok, Thailand on 12 January 2023. (Photo: AP)

BANGKOK (AP) — Thailand’s new government Wednesday approved a measure granting temporary visa-free entry to Chinese tourists, signaling that the recovery of the country’s tourism industry is a top economic priority.

DHL delivers Formula 1® to Singapore, the first race in Asia of the 2023 season

  • First DHL x Formula 1® co-branded Boeing 777 made its maiden flight to Singapore for this weekend’s race
  • DHL helps Formula 1 reduce its ecological footprint by providing environmentally-friendly transport services as Official Logistics Partner
  • A Formula 1 and DHL-branded race car is displayed at the Raffles City Mall for a fundraising activity with the Singapore Red Cross

SINGAPORE – Media OutReach – 14 September 2023 – DHL, the Official Logistics Partner for Formula 1® since 2004, delivered this weekend’s event in Singapore, the first race in Asia of the 2023 FIA Formula One World Championship. The event in Singapore signals the first flight for the new DHL x Formula 1® co-branded Boeing 777, arriving in Changi Airport.

The first DHL x Formula One co-branded Boeing 777 landing at Changi Airport, Singapore
The first DHL x Formula One co-branded Boeing 777 landing at Changi Airport, Singapore

As the longest-standing global partner of Formula 1® and industry leader in green logistics, DHL plays an important role in helping Formula 1 achieve its journey towards Net Zero by 2030. In addition to the Boeing 777, whose fuel-efficient technology reduces carbon emissions by 18% over legacy aircraft, DHL uses multi-modal transport solutions, including overland and ocean freight. Moreover, DHL trucks are equipped with GPS to monitor fuel consumption and optimize routes.

“DHL and Formula 1 are committed in working together to reduce its impact on the environment, whilst continuing to provide a safe and enjoyable event for fans,” says Arjan Sissing, Head of Global Brand Marketing at DHL Group.

This year marked a significant milestone as DHL and F1 took green logistics to the next level by introducing 18 new biofuel-powered trucks specifically for the European leg of the season over the summer. The new trucks run on HVO100 drop-in fuel (hydrotreated vegetable oil), where each truck can reduce an average reduction of 83% in carbon emissions compared to standard fuels. DHL and F1 are continuously exploring new solutions to further reduce Formula 1’s carbon footprint, including plans to incorporate sustainable fuels.

This season, the DHL Motorsports team will cover up to 150,000km, including six double headers, two triple headers, and an inaugural race in Las Vegas. DHL helps transport broadcast equipment, car and team equipment, hospitality equipment, fuel and tires.

As part of the Formula 1® festivities in Singapore, DHL will display a DHL-branded race car at Raffles Shopping Centre from 11-18 September. DHL will also partner with its long-standing charity partner, the Singapore Red Cross (SRC), for a fundraising activity from 15-17 September. Members of the public who are interested in donating can visit the display at the shopping mall, make a donation and stand a chance to win some DHL and Red Cross merchandise. All proceeds from the event will go to SRC to help vulnerable communities. This would include the isolated elderly, persons with severe disabilities and families in need.

Hashtag: #DHL



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

About DHL Group

DHL – Excellence. Simply delivered.

DHL is the leading global brand in the logistics industry. Our DHL divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 395,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global sustainable trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, engineering, manufacturing & energy, auto-mobility and retail, DHL is decisively positioned as “The logistics company for the world”.

DHL is part of DHL Group. The Group generated revenues of more than 94 billion euros in 2022. With sustainable business practices and a commitment to society and the environment, the Group makes a positive contribution to the world. DHL Group aims to achieve net-zero emissions logistics by 2050.

Luang Prabang Arts Centre to Host Exhibit on Misappropriation of Traditional Designs by Fashion Brands

Traditional Arts and Ethnology Centre to Showcase Brands Plagiarizing Traditions
Poster for the TAEC's new exhibition, "Claiming Inspiration : Artisans, Culture and Commercialization). (Photo: TAEC)

The Traditional Arts and Ethnology Centre (TAEC) in Laos will be showcasing a new exhibition from 26 September in Luang Prabang, highlighting the issue of renowned designers “claiming inspiration” from ethnic artisans.

Tiger Fund Management sees strong start with more than SGD 300m in AUM

  • Tiger Fund Management received its Capital Market Services, Fund Management license registered and regulated by the Monetary Authority of Singapore (MAS) in May 2023.
  • Tiger Fund Management has inked a memorandum of understanding with Tiger Brokers (Singapore) and Yuanta Securities (Hong Kong) to collaborate on a variety of products and services, including the launch of a money market fund in late 2023.
  • Former Tiger Brokers (Singapore) CIO Mr Jeremy Tan has been appointed CEO of Tiger Fund Management, where he will establish the group’s fund management and wealth management capabilities.

SINGAPORE – Media OutReach – 14 September 2023 – Tiger Fund Management (TFM), an affiliate of Tiger Brokers (Singapore), today announces its official launch having been granted a Capital Market Services, Fund Management license registered and regulated by the Monetary Authority of Singapore (MAS) in May 2023. At present, TFM has secured over SGD 300 million of assets under management (AUM) and continues to attract keen investor interests.

Leveraging Tiger Group’s technology capabilities and product excellence into a competitive advantage, TFM’s offering will include a range of asset management products and wealth management services to individuals, businesses, and institutions.

“The launch of TFM represents a significant milestone for the Tiger Brokers group, marking its entrance into the fund management space and signifying the progress it has made in Singapore and the wider region,” said Henry Toh, CFO of Tiger Brokers (Singapore). “As part of our long-standing commitment to offering more efficient, innovative and holistic financial services, TFM aspires to deliver exceptional value serving the needs of our clients and capturing growth opportunities in these strategically important business areas.”

In conjunction with its official launch, TFM has also inked a tripartite memorandum of understanding (MOU) together with Tiger Brokers (Singapore) and Yuanta Securities (Hong Kong), a leading securities house providing wealth management service and brokerage business in Asia. The MOU builds upon TFM’s commitment to furthering its relationship with diverse funds and broadening the scope of its offerings. This partnership also marks Yuanta Securities (Hong Kong)’s first-ever collaboration with a Singapore-based fund management firm.

Together, this partnership leverages the combined strengths and trusted brands of the three entities to offer top-tier products and services. A money market fund, managed by TFM and advised by Yuanta Securities (Hong Kong), is slated to be launched in late 2023, aiming to provide customers with liquidity and risk management while potentially offering returns comparable to that of USD short‐term deposits.

Jeremy Tan, CEO of Tiger Fund Management, said: “Our MOU with Yuanta Securities (Hong Kong) paves the way for potential collaborations in the future and puts us in an excellent position to build on everything we have achieved. Looking ahead, we will continue to work together on investment and fund-raising activities for all joint fund launches, starting with the money market fund later this year, and will look into the possibility of establishing other funds in Asia relevant to our clients.”

Before joining TFM, Mr Tan was chief investment officer (CIO) of Tiger Brokers (Singapore), where he was responsible for strategic and tactical asset allocation and instrumental in providing thought leadership market commentaries on the outlook for global financial and capital markets. He also helmed the investment committee for securities and fund selection. Prior to that, Mr Tan was formerly at United Overseas Bank Limited, where he was responsible for managing multi-billion-dollar discretionary global investment mandates for high-net-worth individuals and family offices. He was also involved in fund management for institutional investors for Mitsubishi UFJ Trust and Banking Corporation and Harvest Global Investments Limited.

Hashtag: #TigerFundManagement

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

Tiger Fund Management

Tiger Fund Management Pte Ltd (“Tiger Fund Management”) is a fund manager operating with a Capital Market Services, Fund Management license from the Monetary Authority of Singapore (MAS) and is an affiliate of Tiger Brokers (Singapore). Tiger Fund Management currently offers a range of asset management products and wealth management services, including discretionary portfolio management products and various family office solutions.

Tiger Brokers (Singapore) Pte Ltd

Tiger Brokers (Singapore) Pte Ltd (“Tiger Brokers (Singapore)”) is a brokerage firm operating with a Capital Markets Services (CMS) Licence from the Monetary Authority of Singapore (MAS). Its trading platform, Tiger Trade – available on both online and mobile app (Apple App Store and Google Play Store) offers complimentary real-time stock quotes, dedicated multilingual customer service during trading hours and 24/7 finance news updates. Its online and mobile app trading platform, Tiger Trade, offers complimentary real-time stock quotes, dedicated multilingual customer service during trading hours and 24/7 finance news updates.

Through Tiger Trade, Tiger Brokers (Singapore) offers retail investors in Singapore access to six global exchanges in the US (NYSE, NASDAQ), China (Shanghai/Shenzhen-Hong Kong Stock Connect), Hong Kong (HKEX), Singapore (SGX) and Australia (ASX), with access to investment offerings such as Equities, Exchange-Traded Funds (ETFs), Futures, Stock Options, Warrants, Callable Bull/Bear Contracts (CBBCs), Daily Leveraged Certificates (DLCs), and US-listed over the counter (OTC) equities, and Fund Mall.

Tiger Brokers (Singapore) is the Singapore entity of UP Fintech Holding Limited (NASDAQ: TIGR), known as “Tiger Brokers” in Asia, a leading online brokerage firm focusing on global investors. The group currently serves over 9 million users and over 2 million account holders worldwide on our flagship platform “Tiger Trade”, own 70 licenses and qualifications in different markets, and have over 1,000 employees on the team in Hong Kong, Singapore, New Zealand, the US, Australia, and Mainland China.

Tiger Brokers (Singapore) has also been recognised at the 2023 SBR Technology Excellence Awards for Fintech – Financial Services, and Best Customer Service Award 2023.

This advertisement has not been reviewed by the Monetary Authority of Singapore.

Any views shared with Prospective Clients (“Prospects”) are suggestive in nature and on a sample basis only. This may also be predicated on assumptions that are made by Tiger Brokers (Singapore) Pte Ltd about the Prospects’ investment objectives and risk profile. Our suggestive and sample views extended to Prospects are not to be considered as recommendations made by the Company. Suggestions provided are also based on information that may be shared by the Prospects, the accuracy and comprehensiveness of which Tiger Brokers in not in a position to verify. Investment involves risk. The price of investment instruments can and do fluctuate, and any individual instrument may experience upward or downward movements, and under certain circumstances may even become valueless. Past performance is not a guarantee of future results. Before making an investment decision, you should speak to a financial adviser to consider whether this information is appropriate to your needs, objectives, and circumstances.

Customs Officials from Laos, China, and Thailand Discuss Ways to Prevent Smuggling and Boost Trade

Customs officials from Laos, China and Thailand meet for talks in Vientiane on Monday, 11 September 2023. (Photo: Vientiane Times)

Customs officials from Laos, China, and Thailand met in Vientiane Capital on Monday, 11 September, to discuss ways to streamline customs procedures at border crossings along the Kunming-Bangkok Highway and the Lancang-Mekong River.

Molex Unveils New Connectivity Industry Report, Revealing a Robust Future of Technology Advancements and Product Innovations

  • Contactless connectors slated to deliver increased reliability, durability and design advantages over physical, metal-to-metal contacts
  • Vehicle-to-everything (V2X) antennas enable seamless communications between vehicles and infrastructure
  • Power required for connected homes will drive innovations in energy management
  • Hyperscale data centers built on 224G system architecture will enable unprecedented connectivity in the face of AI-driven data-processing requirements.

LISLE, IL – Media OutReach – 14 September 2023 – Molex, a global electronics leader and connectivity innovator, has released a new industry report that highlights opportunities and obstacles facing product design engineers as the future of connectivity continues to unfold. The report, “Predicting the Connectivity of Tomorrow: Innovations Driving the Connected World,” offers compelling insights into the transformative powers of next-generation connectivity, which is poised to unlock ground-breaking product innovations.

Molex EN PR Image.jpg

“From factory floors and hyperscale data centers to self-driving vehicles and smart, energy-efficient homes, connectivity innovations are shaping our technology future,” said Joe Nelligan, CEO of Molex. “Every step forward requires cross-disciplinary engineering, world-class manufacturing and constant collaboration with customers to push the boundaries of high-speed, high-power connectors. We’re excited to serve as a catalyst in this global push to lead the evolution of connectivity while accelerating the evolution of life-changing solutions.”

Leading-edge connectivity is the cornerstone of new products and solutions found in every industry and application area. To help product designers and engineers prepare for what lies ahead, Molex subject matter experts took a closer look at innovations on the rise, including:

  • Next-generation, contactless connectivity
  • Vehicle-to-everything (V2X) communications
  • Connected, energy-independent homes
  • Centralized, hyperscale hubs of connectivity

Timely observations shed light on the trajectory of these important innovations, as well as their ever-increasing impact on automobiles, consumer devices, factories, medical wearables, smartphones, smart homes, data centers and more. Additionally, Molex experts offer perspectives on the critical role that connectivity plays in driving the creation of new business models, such as Transportation-as-a-Service, which challenges conventional vehicle ownership.

Paving the Way for Contactless Connectivity
Contactless connectors use miniaturized radio frequency (RF) transceivers and receivers to enable devices to communicate and exchange data without requiring physical contact between them. They also support much higher data rates than previously possible with existing wireless protocols, such as Bluetooth and Wi-Fi. Distinct reliability and durability advantages over physical, metal-to-metal contacts make contactless connectors ideal for video displays, harsh environments, sleek and light consumer electronics, as well as industrial robotics. The pace of development in this area is gaining momentum as companies realize opportunities for streamlined product designs, reduced costs and seamless device pairing.

Navigating the Road Ahead for V2X Antennas
Ongoing developments in antennas, sensors and connectors are among the most relevant enablers of evolving vehicle-to-everything (V2X) capabilities. Backed by a decade-long roadmap of 5G V2X projects and established industry leadership in shark-fin antenna development, Molex has set a steady pace of innovation in support of self-driving vehicles. Close collaboration with automakers and suppliers is essential to defining optimal antenna placement and performance. Additionally, advancements in non-conductive materials will allow future connected vehicles to incorporate seamless designs without sacrificing connectivity to satellites, Wi-Fi networks and other systems.

Powering Connected, Energy-Efficient Homes of the Future
Tomorrow’s connected homes will combine Internet of Things (IoT) functionality with battery storage systems to ensure greater control and visibility over energy production and usage. Innovations in energy management, such as mini-inverters for solar panels and smart battery management systems, will improve energy-usage efficiency and control. These storage systems are expected to play a crucial role in the intelligent monitoring and routing of power where it’s needed most. Molex’s continued focus in this area led to the development of the Volfinity Cell Contacting System, which was selected by BMW last Spring for its next-gen electric vehicle (EV) class.

Forming Connected, Hyperscale Hubs
Hyperscale data centers built on 224G system architectures will enable Artificial Intelligence (AI) to help consumers optimize energy consumption while empowering businesses to keep pace with relentless requirements for real-time data processing. The rapid adoption of generative AI is forcing hyperscale data centers to evolve, prompting Molex to pioneer 224 Gbps-PAM4 architecture. Molex’s first-to-market 224G product portfolio offers unparalleled flexibility and scalability, along with superior signal integrity and robust mechanical composition.

Hashtag: #Molex

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

About Molex

Molex is a global electronics leader committed to making the world a better, more-connected place. With a presence in more than 40 countries, Molex enables transformative technology innovation in the automotive, data center, industrial automation, healthcare, 5G, cloud and consumer device industries. Through trusted customer and industry relationships, unrivaled engineering expertise, and product quality and reliability, Molex realizes the infinite potential of Creating Connections for Life. For more information, visit .