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Cushman & Wakefield Takes Best Deal of the Year and Valuation Team of the Year Wins at RICS Hong Kong Awards 2024

  • Winner for Best Deal of the Year
  • Winner for Valuation Team of the Year

HONG KONG SAR – Media OutReach Newswire – 28 October 2024 – Cushman & Wakefield, a leading global real estate services firm, has again been recognized for its leading professional service excellence at the Royal Institution of Chartered Surveyors (RICS) Awards in Hong Kong. The firm was awarded with wins in the Best Deal and Valuation Team categories.

Winner — Best Deal of the Year

Cushman & Wakefield’s Hong Kong Capitals Markets team seamlessly facilitated Li Ning Company Ltd’s acquisition of the 24-story Harbour East office tower at 218 Electric Road, North Point from Henderson Land. The property is now renamed as the Hong Kong Li-Ning Building. By leveraging strategic insights and rigorous planning, the team transitioned Li Ning from leasing to ownership, and successfully ensured the acquisition of the headquarters in Hong Kong for this leading Chinese sports brand.

Tom Ko, Executive Director, Head of Capital Markets, Hong Kong, Cushman & Wakefield, said, “This recognition is a testament to our team’s dedication and expertise. We are proud to have facilitated such a significant transaction amidst the complexities of the market, and we remain

committed to delivering exceptional services and innovative solutions for our clients. Our success is driven by our focus on understanding client needs and adapting to the ever-changing landscape.”

Winner — Valuation Team of the Year

Cushman & Wakefield, with more than 20 years of experience in data center valuation, stands at the forefront of future-proofing professionalism. The company’s innovative platforms, combined with strict adherence to RICS standards, empower the Valuation and Advisory Services Team to deliver exceptional services for digital assets. These services serve as the backbone of investors’ best decision-making, successful business models, and optimal asset strategies. As forward-looking professionals, the team guides clients toward asset continuity and responsible investment through climate advisory and ESG-compliant valuation. The team strives as both facilitators and supporters of Hong Kong’s digital transformation, positioning itself as the strategic partner for a sustainable and digital future.

Andrew Chan, Managing Director, Head of Valuation & Advisory Services, Greater China, Cushman & Wakefield, commented, “Receiving recognition at the RICS Hong Kong Awards is a testament to our team’s hard work and dedication. Our ongoing commitment to excellence and innovation has been pivotal in establishing us as leaders in the valuation industry since 1993. We take pride in nurturing talent and staying ahead of industry trends to better serve our clients.”

John Siu, Managing Director, Hong Kong, Cushman & Wakefield, added, “Congratulations to all the professional teams for once again demonstrating our spirit of progressiveness and customer- centric service. By adhering to our principles, we further strengthen our brand image and industry position. Looking ahead, we will continue to provide unparalleled professional services to our clients, leading the development of the real estate industry in Hong Kong.”

Photos:
Winner – Best Deal of the Year: Hong Kong Capital Markets team
Winner – Valuation Team of the Year: Hong Kong Valuation & Advisory Services team

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Hashtag: #Cushman&Wakefield

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About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In Greater China, a network of 23 offices serves local markets across the region. In 2023, the firm reported revenue of $9.5 billion across its core services of valuation, consulting, project & development services, capital markets, project & occupier services, industrial & logistics, retail and others. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit or follow us on LinkedIn ).

Asia Youth International Model United Nations to Tackle Global Issues in Bangkok

Asia Youth International Model United Nations to Tackle Global Issues in Bangkok
(photo supplied)

The Asia Youth International Model United Nations (AYIMUN) is set to return for its 15th edition in Bangkok, Thailand, from 1 to 4 November, bringing together around 700 young participants from 30 countries under the theme “Empowering Youth Diplomacy for Global Harmony.”

Lao Judo Championship Unites Lao, Thai Teams in Vientiane

13th Lao Judo Championship Unites Lao, Thai Teams in Vientiane
13th Judo competition all athletes

The 13th Lao Judo Championship drew a large audience in Vientiane last weekend, as athletes from Laos and Thailand participated in the competition at Vientiane’s Budo Center from 26-27 October. Lao athletes won a total of 84 medals, with 13 clubs fielding a combined 22 teams. This event marked a milestone for judo in Laos as the nation sets its sights on preparing athletes for the 33rd SEA Games in 2025.

Overall, Lao athletes secured 84 medals, while Thai athletes earned 49. The top five teams were Savannakhet Team A, Ippon Judo Club Team A, Institute of Sport Team A, Blue Tree Phuket Team A, and the Army Team,

The Savannakhet team also received three awards: Best Coach of the Year, Total Medals, and Best Athlete Award for the youth category–13-14 years old.

“I am very proud to receive the award for winning the overall score prize because, in the past, Savannakhet judo clubs have never won this prize before,” said Savannakhet coach Sansuen Vanjaleun

The coach also shared his ambitions for the competition, stating that he had set a target for nine gold medals and aimed for first place, goals that were ultimately exceeded.

 “I feel that everyone in the team is doing very well as athletes,” Sansuen said. “Their mental condition is strong, combined with training and preparation for a period of eight to nine months. Although most of the players in this team are new and young in terms of experience, they still strive to win and receive the award for fighting in Savannakhet province with pride.”

Meanwhile, in the team competition, Thailand’s Ippon Judo Club Team emerged as the champion, securing the gold medal. Another Thai team, the Royal Thai Police Team A, took home the silver, while the Institute of Sport Team and Royal Thai Police Team B both earned bronze medals.

The championship also featured a standard throwing forms competition, where athletes competed in two styles: male and female standard technique throwing forms. In the male standard throwing forms, the Lao Army team clinched the gold, with the Vientiane Judo Club taking silver and the Institute of Sport team winning bronze. 

In the female standard throwing forms, the gold went to Institute of Sport Team A from Laos, while Vientiane Judo Club received silver. Bronze medals were awarded to Institute of Sport Team B and Srisawat Wittayakarn Nan School.

The results of the 13th Lao Judo Championship will assist in selecting the nation’s top athletes, who will represent Laos at the 33rd SEA Games in 2025, hosted by Thailand. 

Lao Government Plans Salary Hike, Sectoral Staffing Increase for 2024

Lao Kip (Photo credit: Asia King Travel)

During its monthly meeting on 24 October, the Lao government announced 2025 plans to raise civil servant salaries, expand staffing quotas across various sectors, and address the issue of illegally imported vehicles.

Generali Hong Kong Wins Grand Award for Outstanding Corporate Social Responsibility at the Hong Kong Insurance Awards 2024


HONG KONG SAR – Media OutReach Newswire – 28 October 2024 – Generali Hong Kong has been crowned to the Grand Award winner of the “Outstanding Corporate Social Responsibility” category at the prestigious Hong Kong Insurance Awards 2024, demonstrating the company’s exceptional commitment as a Responsible Corporate Citizen. This recognition underscores Generali Hong Kong’s dedication to making a positive and lasting social impact through meaningful and sustained CSR efforts, with a focus on diversity, equity and inclusion (DE&I), as well as community support.

Generali Hong Kong has been crowned to the Grand Award winner of the
Generali Hong Kong has been crowned to the Grand Award winner of the “Outstanding Corporate Social Responsibility” category at the prestigious Hong Kong Insurance Awards 2024.

Ms. Cecilia Chang, Chief Executive Officer of Generali Hong Kong, said, “We are deeply honored to be recognized as the winner for the ‘Outstanding Corporate Social Responsibility Award’ at the Hong Kong Insurance Awards 2024. This acknowledgment is a testament to our strong commitment to making a positive and long-term impact in the communities we serve. Through The Human Safety Net and other CSR initiatives, we aim to create lasting social impact by unlocking the potential of people in vulnerable circumstances, empowering them to transform their lives and thrive. We will continue to uphold our promise to be a Lifetime Partner for our customers, employees, and the broader community.”

A key part of Generali Hong Kong’s commitment is its efforts to support and empower vulnerable families and children through The Human Safety Net, a global movement of people helping people, initiated by the Generali Group. In Hong Kong, we are committed to providing quality early education and support for marginalized children aged 0 to 6, helping them reach their full potential. Generali Hong Kong is also committed to promoting DE&I to create a more inclusive society, encompassing a wide range of initiatives, including LGBTQI+ inclusion, women’s empowerment, neurodiversity, and disability support.

The Hong Kong Insurance Awards 2024, co-organized by the Hong Kong Federation of Insurers and the South China Morning Post, is one of the most respected awards in the industry. It recognizes excellence across various categories, spotlighting the top achievements of insurance practitioners in Hong Kong.

Hashtag: #generali

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

Generali Hong Kong

In 1981, Assicurazioni Generali S.p.A. was first registered as an authorised insurer in Hong Kong, with the business extending into the life insurance sector in 2016 with Generali Life (Hong Kong) Limited. With a combination of local knowledge and Generali Group’s global expertise, we develop unique and innovative life insurance, general insurance, specialty insurance, and employee benefits solutions to meet the needs of our customers.

Generali Group

Generali is one of the largest global insurance and asset management providers. Established in 1831, it is present in over 50 countries in the world, with a total premium income of € 82.5 billion in 2023. With around 82,000 employees serving 70 million customers, the Group has a leading position in Europe and a growing presence in Asia and Latin America. At the heart of Generali’s strategy is its Lifetime Partner commitment to customers, achieved through innovative and personalised solutions, best-in-class customer experience and its digitalised global distribution capabilities. The Group has fully embedded sustainability into all strategic choices, with the aim to create value for all stakeholders while building a fairer and more resilient society.

Sofitel Celebrates 60th Anniversary with Art, Tradition in Luang Prabang

Sofitel Luang Prabang Celebrates 60th Anniversary with Art, Tradition
A team of Lao traditional dance performs in front of the festival's art sculptures (photo credit: Sofitel Luang Prabang)

On 16 October, Sofitel Luang Prabang, a luxury hotel known for blending French colonial style with Lao heritage, celebrated the 60th anniversary of the Sofitel hotel chain with a special “Festival of Light” event held in its gardens.

International Chamber of Sustainable Development (ICSD) Cocktail Reception and Research Paper Presentation Highlighting Key ESG Challenges for Small-cap Companies


HONG KONG SAR – Media OutReach Newswire – 28 October 2024 – International Chamber of Sustainable Development (ICSD) successfully hosted a Cocktail Reception and Research Paper Presentation on Friday, October 25, 2024, at the United Conference Centre, Admiralty. The event, attended by more than 100 participants, focused on motivating small-cap companies to improve their Environmental, Social, and Governance (ESG) reporting practices in Hong Kong. This event was supported by World Green Organisation and Hong Kong Institute of Circular Economy.

Dr. Angus Yip (first author), Dr. William Yu (second author) and Professor Peter Fong (Editor-in-Chief of Public Administration and Policy)
Dr. Angus Yip (first author), Dr. William Yu (second author) and Professor Peter Fong (Editor-in-Chief of Public Administration and Policy)

The event featured the presentation of a research paper* titled “Motivating Small and Medium-sized Listed Companies for Better ESG Reporting in Hong Kong”. By using grounded theory, this study highlighted the significant drivers and barriers small-cap companies face in their ESG reporting efforts.

*Yip, A.W.H., Yu, W.Y.P. and Ip, Q.W.T. (2024), “Motivating small and medium-sized listed companies for better Environmental, Social and Governance (ESG) reporting in Hong Kong”, Public Administration and Policy: An Asia-Pacific Journal, Vol. 27 No. 2, pp. 220-234. https://doi.org/10.1108/PAP-05-2024-0068

Key Research Findings:
The research, based on interviews with 22 ESG reporting personnel in SMEs, identified regulations and management support as critical motivators, while lack of management support and expertise were found to be significant obstacles. The study emphasized the importance of mobilizing various stakeholders—such as regulators, investors, bankers, customers, NGOs, and employees—to influence and encourage SMEs to adopt better ESG practices. Though regulations can effectively push small-cap companies to report, but usually in a perfunctory manner. By leveraging the influence of stakeholders, small-cap companies can gain tangible benefits and greater management support, creating a more sustainable future for their businesses and the broader economy.

Speakers:

  • Dr. Angus Yip, Founding Chairman of ICSD
  • Dr. William Yu, CEO of World Green Organisation

Both Dr. Yip and Dr. Yu provided insightful commentary on the challenges faced by small-cap companies in ESG reporting and offered practical recommendations for overcoming these challenges. They stressed the role of collaborative efforts between policymakers, businesses, and stakeholders in driving meaningful progress.

Audience attentively listens to an ESG research presentation at the ICSD event.
Audience attentively listens to an ESG research presentation at the ICSD event.

Event Highlights:
The event fostered meaningful discussions on the need for enhanced ESG reporting among small-cap companies and provided a platform for participants to share insights on the evolving landscape of corporate sustainability. Attendees, ranging from industry professionals to sustainability advocates, expressed their appreciation for the research and its practical implications for improving ESG practices in SMEs.

As a comprehensive investigation into the motivational factors affecting ESG reporting in small-cap companies, this research paper lays the groundwork for future policy recommendations and stakeholder-driven initiatives.

Hashtag: #ESG #SME #ResearchPaper #ICSD #WorldGreenOrganisation #HongKongInstituteofCircularEconomy




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

International Chamber of Sustainable Development (ICSD)

International Chamber of Sustainable Development (ICSD) is an NGO and a learned society. ICSD’s mission is to promote ESG through education. Its activities focus on the United Nations’ 17 Sustainable Development Goals (UN 17 SDGs) to support international recognition of sustainable development ideologies among both individuals and corporations. ICSD also has chapters in Geneva, Switzerland, and London, U.K. Currently, ICSD has over 3,000 members, all Certified ESG Planners (CEP®) from various industries. (Website: )

Vientiane Capital Launches District Competition for Smoke-Free ASEAN City 2026

Vientiane Capital Launches District Competition for Smoke-Free ASEAN City 2026
This image is used only for representational purpose (photo credit: Mac99/IStock)

To address smoking-related issues and ensure the health and safety of citizens in Laos, Vientiane Capital is launching a competition among its nine districts. While the details of the competition are yet to be disclosed, the winning district will have the chance to participate in the Smoke-Free ASEAN City program in 2026, according to the Department of Health.