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Mead Johnson Nutrition Hong Kong and HKUST Business School Successfully Nurtured New Generation Business Talents

HONG KONG SAR – Media OutReach – 23 February 2022 – The “Corporate Project” jointly organised by Mead Johnson Nutrition Hong Kong (“Mead Johnson”) and the Hong Kong University of Science and Technology (“HKUST”) Business School was successfully completed on January 20, 2022. Five student consultants worked in a team to develop a brand-new business proposal that allowed them to apply concepts, knowledge, skills, and methodologies learned from courses.

A professional student team from the HKUST Business School reported its tailor-made business proposal to Mead Johnson Nutrition Hong Kong virtually.
A professional student team from the HKUST Business School reported its tailor-made business proposal to Mead Johnson Nutrition Hong Kong virtually.

In accordance with Mead Johnson’s business goal of consumer acquisition, the student consultants identified the pain points and needs of the industry through primary and secondary research, survey, and focus group interviews with real mums during the four-month project period. The tailor-made business proposal for Mead Johnson not only lists out authentic consumer insights, but also provides in-depth analysis of the values, preferences, social media behaviour, as well as perceptions towards parenting of the post-90s generation, who are the potential consumers of the infant and child milk formula category, and provides innovative insights into Mead Johnson’s business.

“Mead Johnson Nutrition Hong Kong is very pleased to cooperate with the prestigious HKUST Business School to nurture the new generation business talents, and to realise our purpose of nourishing the best start in life for children through a deeper understanding of our current and potential consumers. We are inspired by the ideas from the student consultants, especially the innovative and forward-looking marketing strategies generated through interactions with them. They have enabled us to think of innovative ways to drive sustainable business growth. We look forward to seeing these talents shine in the industry in the near future,” said Chloe Ko, Marketing Director, Hong Kong & Cross Border of Mead Johnson Nutrition (Hong Kong) Limited.

Professor Veronique A. Lafon-Vinais, Executive Director of Career Development & Corporate Outreach at HKUST Business School added, “the student team has impressed me and our corporate partners with their professionalism and dedication to the corporate project. The nature of the project was not easy for them because topics like parenthood and childbearing are not something that these Gen-Z people find relatable to their everyday lives. Nonetheless, they braced themselves for this demanding yet rewarding business consulting project with great support from their project coaches and faculty advisor Professor Coral Puig Garrigo.”

“I have never worked with a Fast-Moving Consumer Goods company before, and this cooperation with Mead Johnson is definitely an eye-opening experience,” said Ashley Cheung, a final year student majoring in management. “We could hardly imagine how to put ourselves in the shoes of mothers and understand their needs at the beginning. Yet, by conducting focus group interviews with real mums, it allowed us not only to get first-hand feedback, but also to understand the needs of consumers from their perspective to devise an appropriate marketing strategy.”

About Mead Johnson Nutrition (Hong Kong) Limited

Mead Johnson Nutrition has been established for more than a century since 1905. As world’s renowned infant and child nutrition brand, Mead Johnson Nutrition has led the way in developing science-based paediatric nutrition products, guided by the mission to nourish the world’s children for the best start in life. Currently, Mead Johnson Nutrition provides more than 70 products in over 50 countries.

With excellent quality, Mead Johnson Nutrition has earned trust by nutritionists and parents. Its dedicated and rigorous attitude, continuous innovation, tireless pursuit of excellence and caring feedback to the community have also helped it establish a good brand image.

Mead Johnson Nutrition (Hong Kong) Limited has landed for a half century, providing Hong Kong parents with high quality, science-based products, various parenting information and professional advice, gaining trust and support from parents.

Mead Johnson Nutrition’s scientists and healthcare professionals are paying efforts on the formula for children with special nutrition needs and Mead Johnson Nutrition is one of the very few brands that insists to produce the formula for metabolic disorders’ children, giving hopes to them.

For more information visit http://www.meadjohnson.com.hk/

About HKUST Business School

Founded in 1991, the HKUST Business School is young, innovative and committed to advancing global business knowledge. The School has forged an international reputation for world class education programs and research performance, and has received many top global rankings. It is one of the first Asian business schools accredited by both AACSB and EQUIS.

The School strives to contribute to the economic and social advancement of the region by developing future leaders who possess an innovative and entrepreneurial spirit as well as a strong sense of responsibility. We also take active steps to promote knowledge advancement in many significant business areas. For more information, please visit www.bm.ust.hk.

#MeadJohnsonNutrition #HKUST

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

Jewellery World Awards honours industry leaders

DUBAI, UAE – Media OutReach – 23 February 2022 – The Jewellery World Awards (JWA) unveiled the Recipients during a gala dinner and awards ceremony at the Jewellery, Gem & Technology Dubai (JGT Dubai). Organised by Informa Markets Jewellery (IMJ), JWA is the only business awards programme for the international jewellery industry covering the whole supply chain from mines to market.

Navrattan Kothari (fourth from right) Recipient of JWA 2021 Lifetime Achievement Award
Navrattan Kothari (fourth from right) Recipient of JWA 2021 Lifetime Achievement Award

Letitia Chow, chairperson and founder of JWA at IMJ remarked, “The jewellery industry has once again demonstrated its resilience and ability to adapt with what we witnessed at this year’s JWA. With the achievements and success stories shared by the recipients, we are inspired by their vision, innovative approach and thirst for excellence to move forward even in times of adversity.”

The evening’s highest accolade was given to Lifetime Achievement Award Recipient Navrattan Kothari, who has shown compassionate and driven leadership in the past six decades. Aside from transforming his family business into a global conglomerate, he has also been dedicated to supporting the local communities where KGK Group operates in.

The Recipients are:

1. Lifetime Achievement Award

  • Navrattan Kothari

2. Brand of the Year – Retail

  • Chow Tai Fook Jewellery Group, Hong Kong

3. Industry Innovation of the Year

  • Diamonds On Call Limited, Hong Kong
  • Emerald Jewel Industry India Limited, India
  • Picup Media, Hong Kong
  • Shenzhen Link Gold Technology Co Ltd, China


4. Manufacturer of the Year – Diamond

  • KGK Group, Hong Kong

5. Manufacturer of the Year – Jewellery

  • Phu Nhuan Jewelry Joint Stock Company, Vietnam

6. Outstanding Enterprise of the Year – APAC

  • CHJ Jewellery, China
  • YLG Bullion Singapore Pte Ltd, Singapore


7. Outstanding Small Enterprise of the Year (50 full-time employees and below)

  • Brilliant Cuts Pvt Ltd, Sri Lanka

8. Outstanding ESG Performance of the Year

  • Shenzhen Xingguangda Jewelry Industrial Co Ltd, China

9. Young Entrepreneur of the Year (age 40 and below)

  • Do Minh Duc, DOJI Gold & Gems Group JSC, Vietnam
  • Joyee Zhao, BOJEM, China


James Courage, one of the principal judges of JWA said, “Judging from the participants’ responses and initiatives, one can say that the industry continues to push the boundaries in order to safeguard the welfare of its employees and satisfy its customers — even in the harshest conditions. Their ability to innovate, adapt and meet the market’s needs is testament to our Honourees’ resilience, passion, drive and humanity.”

Albert Cheng, also a principal judge added, “In the past 18 months, all our Honourees showcased resiliency, flexibility and rapid digitisation to battle the negative effects of COVID-19. On behalf of the judging panel, I salute all Recipients who have succeeded in these unprecedented times.”

Kent Wong, Managing Director of Chow Tai Fook Jewellery Group (CTF), said, “We are honoured and proud to be a Headline Partner of JWA for 10 straight years. We look forward to collaborating with our peers and driving the industry towards more milestones and achievements in the future.”

Lin Qiang, President & Managing Director of the Shanghai Diamond Exchange (SDE), who also is one of the judges noted, “The global jewellery industry is clearly recovering from the effects of the pandemic. The Chinese diamond business, for one, had a robust rebound. Such growth largely results from the unremitting efforts made by our colleagues in the industry. JWA continues to serve its purpose as a stage for celebrating these achievements and more.”

JWA is supported by Headline Partners CTF and SDE, and Honoured Partners KGK Group and Guangdong GD Land Group Limited. JGT Dubai, jointly organised by IMJ and the Italian Exhibition Group, is supported by official partner, DMCC.

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

Laos Confirms Community Spread of Omicron Covid-19 Variant

Omicron variant

Laos has confirmed 27 cases of the Omicron Covid-19 variant since the beginning of the year.

Football Personality Pledges LAK 40 Million for Laos Victory over Thailand

Boa to provide LAK 40 million reward to Laos football team
The Laos football team after defeating Malaysia at the AFF U23 Championship.

Football personality Phijika Boonkwang has pledged a reward of LAK 40 million to the Laos national football team if they beat Thailand in the AFF U23 Championship.

Laos-China Railway Employs Seven Hundred Lao Nationals

Laos-China Railway employes nearly 700 Lao nationals
The Laos-China Railway employs nearly 700 Lao nationals.

The Laos-China Railway Company says it employs nearly seven hundred Lao nationals in permanent positions.

Everscale’s cryptocurrency EVER to be supported by leading staking pool Moonstake

TOKYO, JAPAN Media OutReach – 23 February 2022 – Everscale is pleased to announce that Moonstake, a leading staking pool, will begin supporting the Everscale blockchain cryptocurrency EVER on February 23, 2022.

Everscale Japan, Everscale’s community organization in Japan, has been seeking partnerships to expand the Everscale ecosystem since its inception in 2021. In the first phase of the collaboration with Moonstake, Everscale Japan held a large-scale event in August last year to present EVER to the community. In the second phase of the collaboration, Moonstake’s wallet will be compatible with EVER, and EVER will be available for staking.

What is staking?

Staking is a mechanism that allows users to earn newly issued cryptocurrency by depositing cryptocurrency. While there are differences depending on the type of cryptocurrency, the typical yield on staking is around 5-10% per year. As of February 2022, the total amount of crypto assets currently in circulation that have been staked amounts to $236.8 billion.

Everscale’s staking allows users to obtain newly issued EVER by participating in the blockchain approval process with the cryptocurrency EVER. Currently, Everscale’s staking yields an annual interest rate of about 5.43%.

Advantages of EVER becoming Moonstake compatible

Since Moonstake offers a multi-currency wallet with staking support, EVER users will be able to manage a variety of cryptocurrencies, including EVER, with a single wallet, and will also be able to stake other cryptocurrencies from their Moonstake wallet, greatly reducing the time and effort required to manage their own assets.

EVER giveaway Campaign

To celebrate Moonstake’s support for Everscale staking, Everscale Japan is running a giveaway campaign for EVER.

The first 2,000 people to open a Moonstake account through the Moonstake registration link below will receive $10 worth of EVER tokens. Details of the event will be announced on Everscale Japan’s Twitter.

Registration link: https://wallet.moonstake.io/sign-up?ref=CYRHJWWH6Z
Twitter: https://twitter.com/EverscaleJapan

About Everscale / Everscale Japan

Everscale is a decentralized public blockchain with high scalability. DApps developers have access to Solidity and C++ compilers, SDKs and APIs, and client libraries that have been ported to over 20 languages and platforms.

Everscale also has geographically specific Decentralized Autonomous Organizations (DAOs) around the world, and Everscale Japan is a DAO to expand the Everscale ecosystem.

Everscale: https://everscale.network/

About Moonstake

Moonstake is a blockchain company in the OIO Holdings Limited group, a publicly listed company in Singapore. The company’s core business is providing staking services, allowing users to stake various types of cryptocurrencies.

As of February 2022, Moonstake has a total of $600 million in staked assets, making it one of the top staking service providers in Asia.

Moonstake: https://wallet.moonstake.io/sign-up?ref=CYRHJWWH6Z

#Everscale #Moonstake

KJFEM, Previously OCS Facilities Management, Now Offers Energy Management Solutions

SINGAPORE – Media OutReach – 23 February 2022 – Formerly an industrial and commercial cleaning services company, OCS Facilities Management has been rebranded into KJFEM after the acquisition by KJ Technical Services (KJTS) Group. Under the rebranded KJFEM, the company will now offer energy and facilities management services and building management in Singapore, on top of its previous suite of soft services, as part of KJTS Group’s expansion plans.

To improve energy and facilities management solutions for clients in Singapore, KJFEM is providing a more comprehensive range of services beyond what it currently offers, such as HVAC systems, energy retrofitting, and district cooling systems for temperature control. KJFEM also has vast experiences in HVAC and designs systems that provide the most efficient chill water rates. Leading a team of highly experienced engineers, KJFEM has extended their services to various industries, including education, pharmaceutical and healthcare, commercial and retail, industrial and manufacturing, hospitality, and aviation. And while the general market practice is to end obligations upon the defect liability period, KJFEM extends their services beyond fixed timeframes to guarantee performance and reliability for its clients in the long term.

On top of that, KJFEM is also embracing technology to be more transparent and effective in cost and performance management by developing its own in-house software. The application aims to improve efficiency and move away from manual operations that are prone to human error. It includes features such as a digital audit system and client request history tracking, which allows the company to be more flexible. With the use of technology, coupled with an experienced team that executes top-notch procedures, KJFEM plans to deliver tailor-made solutions that best suit their clients’ sector and organisational needs.

As industries such as energy management in Singapore continue to push forward with robotics and automation, KJFEM hopes to adapt to future technological advancements and adopt a more agile and collaborative approach in their business, fostering meaningful partnerships and delivering top-quality services to their clients.

For more info, please visit: https://www.kjfem.com.sg/.

#KJFEM

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

Zurich Hong Kong integrates ESG strategy into ILAS Scooping awards in Benchmark Wealth Management Awards 2021

  • Zurich Hong Kong is committed to sustainability and integrates ESG into its product development strategy
  • Its newest Investment-Linked Assurance Scheme has the highest number of ESG investment choices, with 19 ESG investment choices available, as compared to other similar products offered in the market1
  • Zurich Hong Kong won “Best-in-Class in Investment-linked Assurance Scheme (ILAS)” and “Responsible Insurer Award – Outstanding Responsible Insurer” and the Zurich Insurance Group won four other ESG awards in the Benchmark Wealth Management Awards 2021

HONG KONG SAR – Media OutReach – 23 February 2022 Zurich Insurance (Hong Kong) (“Zurich Hong Kong“) has long been committed in putting our sustainability vision into practice, and continue to push the boundary further in Environmental, Social and Governance (ESG) performance, to make scalable and lasting impact. Integrating ESG into its product development strategy, Zurich Hong Kong’s newest Investment-Linked Assurance Scheme (ILAS) has the highest number of ESG investment choices, with 19 ESG investment choices available, as compared to other similar products offered in the market1.

(From left to right) Jason Lee - Proposition Manager, Life Business, Geoffrey Au – CEO, Life Business, and Erik Choi - Head of Propositions, Life Business represented Zurich Hong Kong to receive the honors in the Benchmark Wealth Management Awards 2021.
(From left to right) Jason Lee – Proposition Manager, Life Business, Geoffrey Au – CEO, Life Business, and Erik Choi – Head of Propositions, Life Business represented Zurich Hong Kong to receive the honors in the Benchmark Wealth Management Awards 2021.


Geoffrey Au, CEO of Life Business, Zurich Hong Kong
, said, “According to the Global Risks Report 20222, which Zurich Insurance Group (“Zurich”) jointly developed with the World Economic Forum, ‘climate action failure’ is ranked as the number one long-term threat to the world and the risk with potentially the most severe impacts over the next decade. That is why as a responsible insurer, Zurich Hong Kong has been implementing measures to address the impacts of a changing climate, underpinned by our commitment in ESG, making us the ‘Responsible Insurer Award – Outstanding Responsible Insurer’ winner in the Benchmark Wealth Management Awards 2021.”

“We walk the talk and actively engage with our customers. We are proud that our ILAS product is having the highest number of ESG investment choices in the local market, thereby enabling our customers to invest responsibly to extend the positive impact wherever possible. As one of the pioneers and market leaders of ILAS in Hong Kong, our strengths in ILAS have been recognized as ‘Investment-linked Assurance Scheme (ILAS) – Best-in-Class‘ in the aforesaid Awards as well.”

As a Group, Zurich is taking global measures to accelerate cuts in carbon emissions from its operations, reflecting the urgent need to respond to the climate crisis. The Group aims to be a net-zero emissions business by 2050, in line with the Paris Agreement’s goal to limit global warming to 1.5°C. While Zurich’s operations have been carbon neutral since 2014, it is committed to reducing its remaining greenhouse gas emissions by 50% by 2025 and by 70% by 2029. These examples testify the Group’s wins in the Benchmark Wealth Management Awards 2021:
    • Climate Award – Outstanding Achiever
    • Environmental Contribution Award – Outstanding Achiever
    • Social Contribution Award – Outstanding Achiever
    • Overall ESG Top 10 Percentile Awards

    Apart from actions in combating climate change, Zurich Hong Kong will continue efforts in ESG in areas such as youth development, mental health support and community sustainability by engaging with our partners, customers, staff and the community.

    1 Statement based on comparison results as of January 3, 2022.
    2 Global Risks Report 2022 is published by World Economic Forum with the development with Zurich Insurance Group, Marsh McLennan and SK Group as well as National University of Singapore, University of Oxford’s Oxford Martin School and University of Pennsylvania’s Wharton Risk Management and Decision Processes Center, gathering insights from nearly 1,000 global experts and leaders with an analysis of key risks emanating from current economic, societal, environmental and technological tensions: https://www.zurich.com/en/knowledge/topics/global-risks/the-global-risks-report-2022

    About Zurich Insurance (Hong Kong)

    Zurich Insurance (Hong Kong) is part of the Zurich Insurance Group, with its presence in Hong Kong dating back to 1961. Since then, Zurich Insurance (Hong Kong) has been dedicated to serving the Hong Kong Community with a full range of flexible investment, life insurance and general insurance solutions for individuals, as well as commercial and corporate customers — attending to their insurance, protection and investment needs. Zurich Insurance (Hong Kong) is currently top five in the general insurance market1 and ranks fifth in the city’s ILAS market2. Please visit www.zurich.com.hk for more information of Zurich Insurance (Hong Kong).

    1 Annual statistics of the Insurance Authority on Hong Kong General Business from January to December 2020, based on gross premium.
    2 Annual statistics of the Insurance Authority on Hong Kong long term insurance business from January to December 2020, based on the number of policies and premiums of in-force business of investment-linked life insurance.

    About Zurich Insurance Group (Zurich)
    Zurich Insurance Group (Zurich) is a leading multi-line insurer that serves its customers in global and local markets. With about 56,000 employees, it provides a wide range of property and casualty, and life insurance products and services in more than 210 countries and territories. Zurich’s customers include individuals, small businesses, and mid-sized and large companies, as well as multinational corporations. The Group is headquartered in Zurich, Switzerland, where it was founded in 1872. The holding company, Zurich Insurance Group Ltd (ZURN), is listed on the SIX Swiss Exchange and has a level I American Depositary Receipt (ZURVY) program, which is traded over-the-counter on OTCQX. Further information about Zurich is available at www.zurich.com.

    #ZurichHongKong

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