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Cambodia’s Wheelchair Basketball Squads for 12th ASEAN Para Games 2023 Take Centre Stage

PHNOM PENH, CAMBODIA – Media OutReach – 27 June 2022 – Cambodia’s wheelchair basketball teams will be stronger than ever going into the 12th ASEAN Para Games in 2023 with exciting new players, a brand-new look, and new leadership at both the coaching and federation levels.

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From left, Mike Tuon of Cambodia Wheelchair Basketball Federation (“CWBF”), Gabriel Tan of Prince Holding Group, Edward Lee of Prince Real Estate Group, Seu Muy of CWBF, Senior Minister Ly Thuch – President of CWBF, H.E. Vath Chamroeun of National Olympic Committee of Cambodia, H.E. Ouk Sethycheat of Ministry of Education, Youth and Sports, H.E. Hoeurng Sophon of Ministry of Social Affairs, Veterans, and Youth Rehabilitation.

The Cambodia Wheelchair Basketball Federation (“CWBF”), with the support of the Prince Holding Group’s philanthropic arm Prince Foundation, unveiled the changes at a ceremony attended by a diverse audience of nearly 200 people that included government leaders along with representatives from international chambers of commerce, local businesses, and civil society organizations.

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Guests of honors posing at the photo wall post-event with His Excellency Ly Thuch, the President of Cambodia Wheelchair Basketball Federation (“CWBF”).

Prince Foundation is elated about the federation’s decision to appoint H.E. Senior Minister Ly Thuch to become the federation’s next President since his expertise as the First Vice President of Cambodia Mine Action and Victim Assistance Authority (“CMAA”) will be invaluable given many of the new players on both the men’s and women’s teams are landmine survivors.

“I am extremely thankful and humbled to be appointed as the President of the Cambodia Wheelchair Basketball Federation. I have been very passionate about helping to develop and uplift the sports sector in Cambodia, and it is a great privilege for me to have a chance to lead the team and build on its successes within the sport,” said H.E. Ly Thuch.

Prince Holding Group, under the leadership of Chairman Chen Zhi, has a keen focus on human capital development to aid economic growth for the Kingdom. Additionally, with support from the Prince Foundation, both teams will receive world-class training from three Team USA-certified coaches to help them prepare for next year’s ASEAN Para Games in Cambodia.

“In the past, we have provided various contributions to help the local sports sector such as volleyball and football,” said Gabriel Tan, Chief Communications Officer of Prince Holding Group. “This is our first involvement in empowering people with disability, and we are honored to take part in fostering social inclusion by organizing the unveiling of Cambodia ASEAN Para Games 2023 Wheelchair Basketball Squad,” he added.

For Michael Tuon, Team USA Basketball Gold certified and National Wheelchair Basketball Association (“NWBA”) certified coach, this will be yet an exciting journey as he heads the basketball coaching with CWBF for the Cambodian wheelchair basketball squad.

“Many of our athletes have overcome obstacles I can’t imagine. They are resilient and will not let anything stop them from pursuing their dreams. To help support their progress, we’ve developed a Long-Term Athlete Development (LTAD) plan to ensure that our athletes keep growing and improving. We are excited to see what the future holds for Cambodian athletics,” said Michael Tuon.

When the players take the floor at next year’s games, they will be wearing freshly designed blue, red, and white uniforms that showcase the Kingdom’s national colors with a new national crest that incorporates Cambodia’s cultural icons like the Romdoul flower and Angkor Wat temple.

Further details of the crest and jersey design are included in this press kit.

About Prince Holding Group:

Prince Holding Group is one of Cambodia’s largest business groups spanning across real estate development, financial services and consumer services.

Prince Holding Group’s key business units in Cambodia include Prince Real Estate Group, Prince Huan Yu Real Estate Group, Prince Bank, Cambodia Airways, Belt Road Capital Management, as well as Awesome Global Investment Group. Via its subsidiaries, Prince Holding Group has over 80 businesses in Cambodia operating in real estate development, banking, finance, aviation, tourism, logistics, technology, food and beverages, and lifestyle sectors etc.

Leveraging a network of industrial, business and financial professionals across Asia, Prince Holding Group is firmly committed to the long-term development of Cambodia. Prince Holding Group is developing an almost 1000-hectare township project in the Ream coastline of Sihanoukville that will be one of Cambodia’s leading sustainable real estate developments, aiming to secure close to $16 billion in total investment for the region.

Moving forward, Prince Holding Group will continue to seek out opportunities to play an important role in Cambodia, through partnerships or direct investments into key industries for the betterment of Cambodians and the local economy.

#PrinceHoldingGroup

About Prince Foundation:

Prince Foundation is the philanthropic arm of Prince Holding Group, with the mission statement – “Together, Building a Better Future for Cambodia”. As a unit of one of Cambodia’s largest business groups, Prince Foundation has the potential to aid structural change in Cambodia by investing in education, healthcare, and community initiatives.

Run by a team of Cambodian and international professionals, Prince Foundation is sharply focused on being an effective bridge between the corporate sector, NGOs with a proven track record and the government in Cambodia. It aims to make strategic and evidence-based high-impact social investments, helping communities move forward in a sustainable manner.

Over the years, Prince Foundation has implemented over 250 initiatives benefitting over half a million Cambodians, with cumulative donations exceeding US$14 million.

For more details, please visit:

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

Southeast Asian MPs Urge ASEAN Economic Ministers to Immediately Tackle Food Crisis

An elderly vendor at the Kep Crab Market in Cambodia (Photo: Johm Kann)
An elderly vendor at the Kep Crab Market in Cambodia (Photo: Johm Kann)

As food and fuel prices rise alarmingly around the world, Southeast Asian legislators are pressing their countries’ economic ministers to hold an emergency summit to handle potential food shortages and widespread hunger.

Lao Government Provides Over USD 100 Million to Solve Fuel Crisis

Fuel being imported from neighboring countries(Photo: PeTroTrade).

The Lao government has allocated USD 102 million toward petrol companies in order to address the ongoing fuel crisis.

Kerry Logistics Network’s Investor Relations Excellence Reaffirmed By Top Institutional Investor Rankings for the Seventh Year Running

HONG KONG SAR – Media OutReach – 27 June 2022 – Kerry Logistics Network Limited (‘Kerry Logistics Network’; Stock Code 0636.HK) has been commended for its excellence in investor relations by being named one of the “Most Honored Companies” for the seventh year running in the Institutional Investor‘s 2022 All-Asia (ex-Japan) Executive Team rankings. It also placed first among overall small & midcap and rest of Asia companies under the Transportation sector in the combined, buy-side and sell-side rankings.

Kerry Logistics Network and its key executives ranked first among both overall small & midcap and rest of Asia companies in all categories, including:

  • Best CEO – William Ma
  • Best CFO – Ellis Cheng
  • Best Investor Relations Professional – Iris Tsang
  • Best Investor Relations Program
  • Best ESG

William Ma, Group Managing Director of Kerry Logistics Network, said, “We are privileged to have the continued support from the Institutional Investor community, and are delighted by our first-place rankings this year across all five categories. Our team’s rapport with investors, analysts and fund managers has been particularly evident during the past year. And as Kerry Logistics Network started a new chapter in its journey, we believe these relationships will be critical for our future growth, supported by their insight and resources. Looking ahead, we will continue to value, build and reinforce our investor relations, by further stepping up our efforts and applying best practices to keep the investment community and our shareholders up to date and well-informed, and to take note of and respond to stakeholders’ questions and concerns in our bid to maximise our corporate value.”

Institutional Investor‘s 2022 All-Asia (ex-Japan) Executive Team rankings were the results of voting from 4,854 investment professionals at 1,612 financial services firms, including buy-side analysts, money managers and sell-side researchers at securities firms and financial institutions that cover the region. Since 2016, Kerry Logistics Network has landed a place in Institutional Investor‘s list of “Most Honored Companies”, a designation which is given to those that achieve a weighted score of 15 or more points across the five categories.

About Kerry Logistics Network Limited (Stock Code 0636.HK)

Kerry Logistics Network is an Asia-based, global 3PL with a highly diversified business portfolio and the strongest coverage in Asia. It offers a broad range of supply chain solutions from integrated logistics, international freight forwarding (air, ocean, road, rail and multimodal), industrial project logistics, to cross-border e-commerce, last-mile fulfilment and infrastructure investment.

With a global presence across 59 countries and territories, Kerry Logistics Network has established a solid foothold in half of the world’s emerging markets. Its diverse infrastructure, extensive coverage in international gateways and local expertise span across the Mainland of China, India, Southeast Asia, the CIS, Middle East, LATAM and other locations.

Kerry Logistics Network generated a revenue of over HK$81 billion in 2021 and is the largest international logistics company listed on the Hong Kong Stock Exchange.

#KerryLogistics

National Assembly Suggests Extending Visa Duration to Attract Tourists

Laos EVisa Program Planned for June Implementation
Laos EVisa Program Planned for June Implementation

The Vice President of the National Assembly proposes extending visas for visitors in order to revive tourism following the effects of Covid-19.

PM: 700 Million Liters of Fuel Smuggled into Laos Every Year

Fuel

Over 700 million liters of fuel is smuggled into Laos every year according to Prime Minister Phankham Viphavanh.

HK Local Start-up “OneDay” One-stop Cross-regional Real Estate Online Transaction Platform

Riding The Wave Of Vietnam’s Growth to Seize Emigration and Overseas Investment Opportunities

HONG KONG SAR – Media OutReach – 27 June 2022 – Local start-up “OneDay” officially launched “OneDay Vietnam”, and is entering the Vietnamese real estate market. As a one-stop cross-regional real estate online transaction platform, OneDay provides both local and overseas residential, industrial, and commercial building units, shops, land, and parking spaces for lease or sale. Powered by a fast and flexible platform, OneDay provides lightning-quick location-based proximity search features, such as nearby hospitals, supermarkets, and schools, as well as 70+ search filters for users to choose from. This way, anyone can quickly and easily find real estate opportunities in both Hong Kong and Vietnam for investment or self-use all with the convenience of a single mobile app in hand. This also paves the way for global real estate agents and owners to expand their international customer base via a broader and more efficient listing platform.

OneDay helps make relocating abroad easier

Moving abroad and finding a suitable foreign residence can be both challenging and stressful. Other websites that offer overseas properties fail to meet the residential needs of the public since they only cater to those looking to buy or sell. But OneDay is helping make relocating much easier since it caters to users looking to buy, sell, as well as rent, and lease. This offering helps satisfy every demand for overseas property, which is important, especially during the recent waves of emigration. With super-fast built-in GPS capabilities and helpful location-based proximity search features that are all natively integrated into the app, users can search for real estate in any area and see nearby hospitals, supermarkets, schools, and other amenities including the distance those amenities are from the property they are looking at. With 70+ search & filter settings, OneDay users can save time and money when searching for their ideal place.

The rapid development in Southeast Asia generated huge market potential in Vietnam

In recent years, Southeast Asia has experienced spectacular growth and attracted huge investments from enterprises from around the world. Among the countries in Southeast Asia, Vietnam is perceived as one of the most promising markets in the region with a GDP growth rate that continues to exceed that of China and ranks among the top of the world. In the first quarter of 2022, Vietnam’s export value has increased by nearly 16%, while the housing prices in Hanoi, Ho Chi Minh, etc., continuously increase by 5 to 10% per year. Spotting the business opportunity, OneDay set up its branch in Vietnam and launched “OneDay Vietnam” in April 2022 to capitalize on the growth wave. To meet the global demand for Vietnam real estate, OneDay has focused on three urban markets: Hanoi, Ho Chi Minh City, and Yangang. Not only is the OneDay team familiar with popular Vietnamese locations and real estate agents, but they can also provide itineraries as well as further information to help customers search, find and plan easily.

A keen sense of the market and a deep understanding of world trends allows OneDay’s team to provide the best service

Jason Cheng, founder of Hodfords, realized as early as the year 2000 that the future was going to be a digital world. To help aid both enterprises and the public navigate the digital age, Jason started a software program development company called Hodfords (https://www.hodfords.com/). Jason founded OneDay in 2018 and built the platform to help people find their desired real estate with high efficiency. Having a keen marketing sense, Jason understood the size limitations of the Hong Kong real estate market and therefore looked further abroad and took a fancy to the huge development and potential of Vietnam’s real estate market. To handle the business, Jason used to commute between Hong Kong and Vietnam to work closely with Nguyen Van Sam, a senior programmer based in Vietnam. In 2021, Jason teamed up with his British friend, Gavin Adam, who has more than 20 years of experience in information technology, to expand his business to the United Kingdom, setting up a presence in 3 hubs globally. During the expansion into Vietnam, the business has successfully grown from 3 full-time employees to more than 100 within a year.

Jason Cheng, OneDay Founder (right 2), Nguyen Van Sam (right 1) and the team.
Jason Cheng, OneDay Founder (right 2), Nguyen Van Sam (right 1) and the team.

Jason Cheng, founder of OneDay, said “I hope that the mobile app OneDay will become a premier global real estate transaction platform, and by connecting real estate agents with clients and landlords with tenants around the world, the flow of information and global real estate transactions will be facilitated.” OneDay first started operating in Hong Kong in 2018 and as of January 2022, “OneDay HK” attracts up to 500,000 average monthly visitors to its platform. Besides the Hong Kong market, OneDay is also actively expanding into additional markets to provide real estate options in the UK, Japan, Australia, Cambodia, and China. OneDay wants to focus primarily on the development of the Southeast Asian market and hopes to become the leading real estate transaction app in popular regions such as the Philippines, Thailand, and Indonesia.

About OneDay

Founded in 2018, OneDay is a robust, scalable, cloud-based property search engine providing a one-stop cross-regional platform for real estate transactions. OneDay aims to provide the latest news on various types of properties in different regions, offer a broader listing platform for real estate agents and owners, and aid the public to find properties around the world for investment or rental purposes with high efficiency.

Hong Kong Official Website:
Vietnam Official Website:

About OneDay Founder

Founder – Jason Cheng

Jason Cheng is a graduate of the University of Oxford in the UK and has an impressive CV spanning both innovation and technology careers as well as music.

In Jason’s innovation and technology career, he established the software development company “Hodfords” in 2000 and cooperated with MTR, Employees Retraining Board, Lenovo, and other organizations and international companies. In 2018, Jason established a one-stop cross-regional real estate platform “OneDay”.

In Jason’s music path, he released two music albums in 2006 and 2018 respectively and donated all the profit to charity. In 2012, Jason collaborated with well-known musician Hanjin Tan, and participated in the Cape Town Jazz Festival, while the internationally renowned band Earth, Wind and Fire was also a participant. Also, Jason has collaborated with numerous international artists, including Anton Delecca (Australia), Alexia Gardner (Shanghai), Blaine Whittaker (Australia), Khalil Fong (Hong Kong), etc.

Jason Cheng Music YouTube Channel:

#OneDay

Government of Laos to Value State Assets

Mining and Hydropower, natural resources

The Government of Laos is considering engaging an international consulting firm to determine the value of state assets, particularly those pertaining to natural resources.