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EuroCham Laos Launches its Luang Prabang Chapter

European Chamber Of Commerce And Industry In Laos Launched Its Luang Prabang Chapter, Its Hospitality Advocacy Working Group
A group photo of officials from ECCIL, EuroCham Laos

Last week, 2023 ECCIL EuroCham Laos officially launched its Luang Prabang chapter during a networking event by its Platinum Sponsor AIF.

Sennheiser and Kramer partner to deliver video conferencing solution with outstanding sound quality

Respective industry leaders harmonize to take hybrid meetings to new heights

HONG KONG SAR – Media OutReach – 1 March 2023 – Sennheiser, the first choice for advanced audio technology that makes collaboration and learning easier, has partnered with Kramer, the leading audio-visual experiences company, to create an assured, flexible, and easily deployed audio solution for optimized hybrid teleconferencing.

The new solution, officially launched at ISE 2023, combines Sennheiser TeamConnect Ceiling 2 (TCC 2) and TeamConnect Ceiling Medium (TCC M) ceiling microphones with Kramer’s AFM-DSP20-AEC audio matrix switcher to deliver superior sound quality while providing an engaging and inclusive audio-visual experience in any medium or large space.

This partnership between Sennheiser and Kramer will further expand both companies’ ecosystem, offering ultra-immersive user experiences in hybrid meeting and learning spaces and expanded flexibility for customers and partners.

Engaging, immersive hybrid meeting experiences
The combination of Sennheiser’s TCC 2 and TCC M ceiling microphones’ premium audio performance and Kramer’s best-in-class digital signal processor (DSP) ensures all participants are clearly heard for easy collaboration, efficient learning, and more productive meetings.

Sennheiser’s TeamConnect Ceiling Solutions, the TCC 2 and TCC M, are designed to deliver oustanding audio quality in large and mid-sized meeting rooms respectively, as well as in learning or collaboration spaces. These industry-leading TeamConnect Ceiling Solutions employ Sennheiser’s patented automatic beamfoming technology and TruVoicelift functionality to allow freedom of movement and perfect speech intelligibility.

The Kramer DSP maintains the quality of the original audio signal with selectable sampling rates up to 96 kHz, ensuring flat frequency response, unmatched sonic performance, excellent signal-to-noise ratio, and extraordinarily low distortion levels. Meanwhile, acoustic echo cancellation further improves teleconferencing sound quality. All in-room and remote participants can hear and be heard so that meetings can proceed smoothly and effectively.

The Sennheiser-Kramer collaboration also offers simplified audio and room-wide control. It supports Audinate’s Dante and can be operable by Kramer Control, enabling full automation of the microphones along with other room elements, such as screens, lights, and shades, via a simple click. By removing the time and hassle required to manage a meeting space or classroom, participants can focus on holding their most productive, immersive hybrid calls and lessons yet.

Simple deployment within any working or learning space
The vendor-agnostic design of the Sennheiser microphones and Kramer DSP, dual digital and analog connectivity, and centralized control make a unique solution for everyday use flexible and simple.

As a result, the combined Sennheiser-Kramer solution is ideal for any medium to large classrooms, lecture spaces, and meeting rooms where intelligible speech, simple handling, and seamless integration into the existing room environment are required. Both the Sennheiser ceiling microphones and the Kramer DSP are supported by Kramer’s proven low-latency video infrastructure, providing full configuration and installation flexibility.

Assured reliability and accessible support
Millions of Sennheiser and Kramer products are already installed and in use across the globe, trusted by mission-critical organizations for their quality and reliability. The Sennheiser TCC 2 and TCC M microphones and Kramer AFM-DSP20-AEC audio matrix switcher solution are no different, having been cross-certified for compatibility to ensure superior audio performance.

The components of the combined solution are available directly from the global sales networks of Sennheiser and Kramer respectively. The two companies’ industry-leading, worldwide support networks support the solution, enabling end-users to easily access any help or advice, if required.

Charlie Jones, Global Alliance & Partnership Manager, Business Communication, at Sennheiser said: “At Sennheiser, we’re proud to combine our renowned audio expertise with Kramer’s reliability and ease of use to bring this solution to the market. This is only the first step, as both companies continue to grow our unified communications portfolios and expand our partnership.”

Gilad Yron, CEO of Kramer, said: “It’s a beautiful experience when two audio-visual heavyweights, like Kramer and Sennheiser, come together to create a solution that transcends our respective specialisms. This combined expertise will help to power creativity, collaboration, and engagement within both meeting and education spaces worldwide—and with a wealth of innovations from both companies already shaping the audio-visual experiences of the future, we hope this is the first collaboration of many.”

For more information about Sennheiser TeamConnect Ceiling Solutions, please visit: https://zh-hk.sennheiser.com/teamconnect-ceiling-solutions

Hashtag: #Sennheiser #TCC2 #TCCM #TeamConnect #Kramer #IT #BizIT

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

About the Sennheiser brand

We live and breathe audio. We are driven by the passion to create audio solutions that make a difference. Building the future of audio and bringing remarkable sound experiences to our customers – this is what the Sennheiser brand has represented for more than 75 years. While professional audio solutions such as microphones, meeting solutions, streaming technologies and monitoring systems are part of the business of Sennheiser electronic GmbH & Co. KG, the business with consumer devices such as headphones, soundbars and speech-enhanced hearables is operated by Sonova Holding AG under the license of Sennheiser.

About Kramer

Kramer audio-visual experiences power creativity, collaboration, and engagement. From AVSM to advanced cloud-based communication, collaboration and control solutions, Kramer creates audio-visual experiences that are more engaging, more inclusive and more connected than ever before.
Headquartered in the heart of Startup Nation – Tel Aviv, Israel with locations around the world, Kramer’s audio-visual experts are designing the future of engagement technology. Physical and digital boundaries have blurred. But no matter how hybrid our world becomes, our desire for real, human connection will never cease.
Kramer’s intuitive, seamless technology breaks down walls, bridges gaps, and makes people feel closer together even when they’re far apart.
kramerav.com

Thailand Stops Cattle Import from Myanmar After FMD Outbreak

Thailand Adjorns Cattle, Buffalo, Importation Following FMD Outbreak in Myanmar
This image is used only for representational purpose (photo: animals.sandiegozoo.org)

Following the World Organization for Animal Health (WOHA) report on the Foot and Mouth Disease (FMD) outbreak in Myanmar, Thailand’s Department of Livestock Development issued a notice last week imposing a 90-day ban on cattle and buffalo importation from the country.

Citi Signs Multi-year Renewable Energy Purchase Agreement with CLP Power

First bank in Hong Kong to power entire operations using renewable energy locally-sourced from CLP Power

HONG KONG SAR – Media OutReach – 1 March 2023 – Citi announced today that it has entered a multi-year agreement with CLP Power Hong Kong Limited (CLP Power) to purchase up to 106,400,000 kilowatt-hours (kWh) of electricity generated from local renewable energy sources over a six-year period until 2027. The purchase makes Citi the first bank in Hong Kong to be powering its entire operations using renewable energy locally-sourced from CLP Power, and will result in a reduction of 41,496 tonnes of CO2 emissions.

Citi has long been partnering with CLP Power on numerous environmental sustainability initiatives in Hong Kong. It is one of the largest buyers of CLP Renewable Energy Certificates and a major corporate participant of CLP Power’s energy efficiency programs to drive carbon footprint reduction.

In 2021, Citi installed an on-site renewable energy system consisting of 360 solar panels on the rooftop of Citi Tower in Kowloon East. The system is connected to CLP Power’s electricity grid.

‘As a longstanding corporate citizen of Hong Kong, we have a commitment and responsibility to create a positive impact in the community where we live and work. This includes our ongoing effort to reduce the environmental footprint of our operations,” said Aveline San, CEO of Citi Hong Kong and Macau.

“Having achieved our global goal to be 100% powered by renewable energy in 2020, we are proud to be taking our environmental sustainability commitment to the next level by sourcing local renewable energy through our partnership with CLP Power. We look forward to further deepening our collaboration with CLP Power on driving a more sustainable future through innovative solutions and initiatives,” she added.

“The 2050 carbon neutrality target is an important milestone for Hong Kong,” CLP Power Managing Director T K Chiang said. ‘We see more businesses exploring ways to manage energy demand to deliver their decarbonization agenda. Purchasing CLP Renewable Energy Certificates is one of the effective ways for businesses to offset their carbon emissions, and we are delighted that there has been an upward trend in larger purchases of Renewable Energy Certificates in recent years.’

‘All along, CLP Power has been collaborating with Citi, and we are committed to supporting Citi on its journey to carbon neutrality. We look forward to providing more sustainable energy solutions to Citi in the near future,’ he said.

Globally, Citi made a commitment to achieve net zero greenhouse gas (GHG) emissions by 2050. This includes the emissions related to Citi’s own operations and those financed by its banking activities. For Citi’s own operations, the goal is to achieve net zero GHG emissions globally by 2030.

Since 2001, Citi has been working to measure and reduce the direct environmental impact of its own operations through a centralized system and report annually on global energy use, greenhouse gas emissions (GHG) emissions, water use, waste-to-landfill, and green building initiatives.

Click HERE to download the high-resolution photo.

Photo Caption: (Left) Aveline San, Citi Hong Kong and Macau CEO, (right) T K Chiang, CLP Power Managing Director

Hashtag: #Citi

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

About Citi

Citi is a pre-eminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in nearly 160 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.

Additional information may be found at | Twitter: | YouTube: | Blog: | Facebook: | LinkedIn:

China Eases Covid Regulations for Travelers from Laos

China to Ease Regulations On Lao Citizens Entering The Country
Passengers with face masks wait in line in March 2021 at a ticket booth in the main terminal at Long Island MacArthur Airport in Ronkonkoma, New York. Passengers with face masks wait in line in March 2021 at a ticket booth in the main terminal at Long Island MacArthur Airport in Ronkonkoma, New York. ( Photo : CNN )

The Embassy of the Republic of China to Laos has issued a statement to the Ministry of Foreign Affairs to inform them that starting Wednesday, passengers from Laos will no longer need to provide a negative RT-PCR test result, as an Antigen test will be sufficient.

IES inks USD692 Million loan agreement for the iconic 600MW “Monsoon Wind Power Project” as the first wind project in Lao PDR, the largest renewable energy plant in Southeast Asia positioned as a key platform for regional connectivity and decarbonization

BANGKOK, THAILAND – Media OutReach – 1 March 2023 – On 24 February 2023, Impact Electrons Siam Limited (IES), Asia Pacific’s leading renewable energy solutions provider, as the developer of the Monsoon Wind Power Project (Monsoon Wind), signed USD692 Million financing documents for a non-recourse project financing for Monsoon Wind together with other shareholders among them are ACEN Renewables International Pte. Ltd., STP&I Public Company Limited and SMP Group. Customary CPs are expected to be satisfied shortly. Monsoon Wind will construct, own, and operate a 600MW wind power plant and its dedicated 500kV transmission line in the Sekong and Attapeu provinces located in southeastern provinces of the Lao PDR. Monsoon Wind is the first wind power project in Lao PDR and the first cross-border project in Southeast Asia. Under the 25-year power purchase agreement, the electricity generated will be sold to Vietnam Electricity (EVN) through the Project Company’s 500kV transmission line.

Caption

The project will be co-financed by the Asian Development Bank (ADB) as lead arranger, Asia Infrastructure Investment Bank (AIIB), Japan International Corporation Agency (JICA), the Export-Import Bank of Thailand (Thai EXIM), Sumitomo Mitsui Banking Corporation (SMBC), Hong Kong Mortgage Corporation Limited (HKMC), Kasikornbank, and Siam Commercial Bank.

Mr. Peck Khamkanist, CEO of IES, said, “As a pioneer of sustainable solutions, we are keen to be a part of the global fight against climate change by embarking on a green energy journey starting from our home region. Laos possesses natural resources for renewable energy generation. This project also shows the carbon credentials of Lao PDR. We are part of the journey to uplift the well-being and happiness of the local communities in which we operate.”

Monsoon Wind is one of the key projects in the Vietnamese government’s electricity development plan. The project will contribute to the strengthening of connectivity in the ASEAN region through the provision of cross-border electricity sales. The Lao government will benefit from the project in various ways such as receiving revenue in foreign currency from royalty fees and other sources based on the Concession Agreement. The project will also promote local employment during both the construction and operation periods. Furthermore, the sponsor’s community and ethnic group development program will uplift people’s livelihoods by targeting measures in the health, education, and economy sectors.

Mr. Nat Hutanuwatr, MD of Monsoon Wind, said “Under the 25-year Power Purchase Agreement of Vietnam Electricity and the Concession Agreement with the Government of Laos PDR, the 600MW Monsoon Wind Power will be the largest wind farm and the first of its kind to trade wind power across the border in the region. Monsoon Wind Power Company is very proud to represent all sponsors, to have a close collaboration with the lender group, and be able to execute the extra-ordinary non-recourse financing documents in such a short period of time.”

IES plans to expand an additional 1,000MW nearby the existing Monsoon Wind’s site. The project, including the expansion, has potential to offset over 50 million tons of carbon dioxide throughout its lifetime. Wind energy projects will diversify Lao PDR’s main source of renewable energy generation, hydropower, which is mainly generated during the wet season. By building and integrating renewable sources with complementary generation profiles, coupled with regional connectivity network, the combination can supply stable, clean, and affordable electricity to ASEAN nations throughout the year.

Hashtag: #IES

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

About Impact Electrons Siam Limited

Impact Electrons Siam Limited (IES), is a regional renewable energy solution firm headquartered in Thailand with over 1,900 MW of wind, solar energy and regional connectivity projects in development and operation in Thailand, Japan, Lao PDR and Vietnam. IES is a privately owned company that was established in 2011. IES develops clean, affordable and reliable renewable energy solutions and is a pioneer of visionary innovation in the renewable energy sector with a vision to build a better future for local communities across the region.

For more information, please visit and

Gaw Capital Partners Recognized as ‘Firm of the Year: Japan’ at the PERE Global Awards 2022

HONG KONG SAR – Media OutReach – 1 March 2023 – Real estate private equity firm Gaw Capital Partners is pleased to announce that it was named ‘Firm of the Year: Japan‘ at the PERE Global Awards 2022 after receiving the largest number of votes in a public ballot of the real estate industry.

Gaw Capital Partners was highlighted for the US$3 billion privatization of Office J-REIT Inc. and the acquisition of Japanese residential assets primarily in Tokyo and other major cities in Japan. The firm was also highlighted for its acquisition of IDC and logistics projects closed in Japan.

Ms. Christina Gaw, Managing Principal, Global Head of Capital Markets and Co-Chair of Alternative Investments of Gaw Capital Partners, said, “We are delighted to be recognized as ‘Firm of the Year: Japan’ at the PERE Global Awards 2022 and we would like to express our gratitude to our investors, partners, our dedicated team and PERE magazine.”

She added, “As we transition into the post-Covid era, 2022 presented us with growth opportunities across Asia arising from the behavioral change carried forward. As digital connectivity and agility become the new normal, we are well-positioned to seize the opportunity and unlock values in quality assets such as data centers and logistics properties. The award is a testament to our investors and partners’ faith in Gaw Capital’s expertise. We remain committed to carrying out value adding strategies on a diverse range of real estate assets across Asia Pacific and delivering consistent returns to our investors.”

Ms. Isabella Lo, Managing Director, Principal – Investments and Head of Japan, said, “We are honored to be recognized as Firm of the Year: Japan in 2022. Thanks to the support and trust from our partners, brokers, consultants, lenders and investors, we now manage $3.7 billion of assets in Japan with track record across office, retail, residential, hospitality, data centers and logistics. We look forward to working closely with our partners to collectively grow our businesses in Japan.”

The PERE Global Awards recognize significant achievements in the global real estate industry and is highly respected across the global real estate private equity industry.

Hashtag: #GawCapitalPartners


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

About Gaw Capital Partners

Gaw Capital Partners is a uniquely positioned private equity fund management company focusing on real estate markets in Asia Pacific and other high barrier-to-entry markets globally.

Specializing in adding strategic value to under-utilized real estate through redesign and repositioning, Gaw Capital runs an integrated business model with its own in-house asset management operating platforms in commercial, hospitality, property development, logistics, IDC and education. The firm’s investments span the entire spectrum of real estate sectors, including residential development, offices, retail malls, serviced apartments, hotels, logistics warehouses and IDC projects.

Gaw Capital has raised seven commingled funds targeting the Greater China and APAC regions since 2005. The firm also manages value-add/opportunistic funds in the US, a Pan-Asia Hospitality Fund, a European Hospitality Fund and a Growth Equity Fund, and it also provides services for credit investments and separate account direct investments globally.

Since 2005, Gaw Capital has commanded assets of US$33.6 billion under management as of Q3 2022.

Ministry of Health Issues New Rules to Keep Medicine Prices Stable

Ministry of Health Set Forths New Ruling To Keep Medicine Prices Low
A person putting medicinal products back into cabinet.

The Ministry of Health has issued a new regulation to be put into action 45 days after being posted on the Lao Official Gazelle due to surging prices of medicine and medical products.