HONG KONG SAR – Media OutReach Newswire – 17 September 2024 – In celebration of the 25th anniversary of SaloneSatellite, Salone del Mobile.Milano has partnered with IDFFHK (International Design Furniture Fair Hong Kong) in bringing the exquisite ‘SaloneSatellite Permanent Collection 1998-2024′ exhibition overseas for the first time. This remarkable exhibition, curated and designed by Salone del Mobile.Milano, will be showcased in Hong Kong this November at the Arts Pavilion, West Kowloon Cultural District.

Hong Kong debut — ‘SaloneSatellite Permanent Collection 1998-2024’ Exhibition

https://salonesatellitepermanentcollection.salonemilano.it/en/satelliteHongkong

Since its inception in 1998 as part of Salone del Mobile.Milano, SaloneSatellite has supported emerging designers, especially those under 35, and connected them with the production world. SaloneSatellite has its permanent collection at the Artwood Academy – Polo Formativo del Legno Arredo Fondazione ITS Rosario Messina in Lentate sul Seveso, Brianza. As many as 330 projects were featured in the catalogues of major Italian and international corporations, and some have even become signature icons of contemporary design.

This exhibition will showcase 95 pieces of award-winning design products, maps the themes and creativity that have characterised and shaped design from the turn of the 21^st century to the present day.

“The exhibition profiles the new generations to whom the baton of the 20^th century ‘masters‘ has been passed down, now entrusted with the key task of leading the society to envision a different future. Their creations mark out the trajectory of the evolution of contemporary design, as well as their aesthetic and projectile contribution to the history of design,” says Marva Griffin Wilshire, Founder and Curator of SaloneSatellite.

About Salone del Mobile.Milano

The Salone del Mobile.Milano has been an international benchmark for the design and furnishing world since 1961, thanks to the extraordinarily high quality of the products on exhibit. It is more than a trade fair, rather an ecosystem with the power to accelerate business and broaden relationships throughout the industry, proffering new visions of the future of living. It takes place in April and alongside the 4 main exhibitions, numerous side events, meetings, and presentations take place simultaneously, offering a complete view of the present and future of furnishings and design. These have been accompanied by SaloneSatellite since 1998, a launchpad for young designers under 35 from all over the world – so far more than 14,000 of them have passed through its doors –and a point of reference for companies on the look-out for new talents.

Salone del Mobile.Milano is the world’s largest furniture exhibition and a global leader in the design industry. Each year over 2,000 exhibitors and more than 300,000 visitors from over 160 countries attend, along with 5,000+ accredited journalists pay homage to visiting Salone del Mobile Milano. http://www.salonemilano.it

Exhibition Opening: Nov 11.2024. 5:30-7 pm, Arts Pavilion West Kowloon

The President of Salone del Mobile.Milano Ms Maria Porro and the Founder and Curator of SaloneSatellite Ms Marva Griffin Wilshire together with the Salone delegation will be attending the Exhibition Opening at the Arts Pavilion West Kowloon Hong Kong.

Also attending the Opening will be the Italian Consul General Mr Carmelo Ficarra and the Italian Trade Commissioner Ms Paola Bellusci. Our HK Government officials and other VIPs will also grace the Opening in support of Hong Kong as a major design hub in Asia.

Exhibition Info:

Exhibition	‘SaloneSatellite Permanent Collection 1998-2024‘ Exhibition
Date	11 – 21 November 2024
Opening time	11am – 7pm, daily
Venue	Arts Pavilion, West Kowloon Cultural District
Admission	Open to public. Free admission.

[ HK DESIGN ANNEX ] EXHIBITION.

Arts Pavilion West Kowloon HK Nov 01-07. 2024

A prelude to the Salone landmark event, the ‘Hong Kong Design Annex’ exhibition, conceptualised by Hong Kong award-winning duo Lim + Lu, will showcase the visionary Hong Kong-based talents in furniture and lighting design from 1 to 7 November 2024 at the Arts Pavilion, West Kowloon Cultural District. These consecutive presentations aim to bridge local and international foremost design minds, celebrate design talents, and foster a deeper appreciation of design culture. This exhibition celebrates and presents the local design visionaries in furniture and lighting design.

Embracing Sustainable Design

The exhibition interlaces design and sustainability to envisage the many possibilities of their dynamics and interconnections. Elegant and thought-provoking pieces elucidate the contemporary interpretations of sustainability. From exploring how culture can be sustained through design and surveying the relationship between Hong Kong’s natural and urban landscapes, to portraying the exquisiteness of experiential furniture, their works invite the viewers to rethink furniture and lighting design.

Exhibition Info:

Exhibition Opening on Nov 1.2024. 5:30-7 pm, Arts Pavilion West Kowloon

Exhibition	HK DESIGN ANNEX
Date	1 – 7 November 2024
Opening time	11am – 7pm, daily
Venue	Arts Pavilion, West Kowloon Cultural District
Admission	Open to public. Free admission

About Lim + Lu

Lim + Lu is an award-winning inter-disciplinary design practice established in 2016 in Hong Kong. Lim + Lu works internationally providing architecture, interior, furniture, and product design services. Co-founders Vincent Lim and Elaine Lu met at Cornell University during their architecture studies. Since both Lim and Lu were born and raised in the East, educated and practiced in the West, a balance of both cultures is essential to the duo and always translated through their design. Since inception, Lim + Lu has won numerous awards and recognitions such as Forbes “30 Under 30” Asia 2018, Rising Asian Talent by Maison et Objet 2017, 40 Under 40 by Perspective Magazine, and the 100 Most Influential Architects and Designers by AD China. Currently, Lim + Lu is working on projects in Hong Kong, New York, Copenhagen, and other cities.

DIALOGUE SPEAKERS SERIES IV

Arts Pavilion West Kowloon HK Nov 01-02. 2024

A 4^th edition of the signature talk series since 2015, visitors can gain an in-depth understanding of the exhibition curation and design thinking through a series of moderated talks and discussions featuring 11 stellar designers architects as speakers.

Schedule :

Topic	Material Alchemy: Exploring Innovative Design Through Material Research	Design Fusion: Exploring Cultural Synergies and the Evolution of the Creative Journey	Crafting Exquisite Experiences: The Art of Bespoke Design in Hospitality Projects	Design Integration: Weaving the Fabric of Multidisciplinary Practices
Speakers	Elaine Ng, Founder of THE FABRICK LAB	Vincent Lim and Elaine Lu, Co-Founders of Lim + Lu	Frank Leung, Founder of via	Wesley Ho, co-founder and design director of Napp Studio & Architects
	Julie Progin and Jesse Mc Lin, Founders of Julie & Jesse	William Lim, Managing Director of CL3	Peter Colin Lampard and Norman Ung, Co-Founders of, DEFT	Jacqueline Chak, Founding Partner of EDITECTURE
Date & Time	1 November 2024 5:15pm – 6 pm	2 November 2024 2:30pm-3:15pm	2 November 2024 3:15pm-4pm	2 November 2024 4pm-4:45pm
Registration	Free admission. RSVP www.hkdesignannex.com (limited seats, first come first served)

Hashtag: #IDFFHK

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

About IDFFHK

International Design Furniture Fair Hong Kong (IDFFHK) has successfully hosted discerning design exhibitions, merging cultural and creative visual elements , aims at advocating and inspiring the appreciation of design.

Inaugurated in 2015, IDFFHK introduced Asia’s first luxury design, furniture, and lifestyle exhibition. The second edition, IDFF2017, themed ‘Redefining Luxury,’ once again partnered with exquisite global as well as Hong Kong designers and lifestyle design brands. The signature Dialogue Speakers Series talks provided a platform for dynamic design exchanges and inspiration to all visitors. For more info, pls visit www.idffhk.com or follow us on Facebook @IDFFHK.

About Designworks Foundation

Designworks Foundation is a non-profit organisation dedicated to the advocacy of design and cultural matters for the Hong Kong community. Its debut exhibition in 2022 titled ’25 Years of Design’ , celebrated the 25^th anniversary of HKSAR Establishment at the HK Convention Exhibition Centre. www.25yearsofdesign.com

About Winnie Yue, founder of IDFFHK / DESIGNWORKS FOUNDATION

A leading figure in Asia’s design scene for over 30 years, Winnie Yue is the Founder and Director of the International Design Furniture Fair Hong Kong (IDFFHK), which debuted in 2015 and 2017, as well as the Designworks Foundation. A trained architect, Ms. Yue founded designed furniture stores across Hong Kong, created unique design experiences, and is a strong advocate for design education. She is also a noted philanthropist, having led fundraising efforts for various charity organisations including the Hong Kong Queen Mary Hospital Oncology Department and the Hong Kong Children’s Cancer Foundation.

Both the ‘SaloneSatellite Permanent Collection 1998-2024’ Exhibition and the ‘Hong Kong Design Annex’ Exhibition are sponsored by Cultural and Creatives Industries Developed Agency of the Culture, Sports and Tourism Bureau HKSAR.

Disclaimer: The Government of the Hong Kong Special Administrative Region provides funding support to the project only, anddoes not otherwise take part in the project. Any opinions, findings, conclusions or recommendations expressed in these materials/events (or by members of the project team) are those of the project organisers only and do not reflect the views of the Government of the Hong Kong Special Administrative Region, the Culture, Sports and Tourism Bureau.

MACAU SAR – Media OutReach Newswire – 16 September 2024 – “The WTT Champions Macao 2024 presented by Galaxy Entertainment Group” (WTT Champions Macao 2024) successfully concluded yesterday. Organized by the Sports Bureau of the Macao SAR Government, World Table Tennis (WTT), and Galaxy Entertainment Group (GEG), and co-organized by the Macau Table Tennis General Association, the tournament featured 32 of the world’s finest male and female table tennis players competing at their best. This marked the fifth consecutive time that GEG was involved in the WTT Champions Macao 2024 in Macau, further solidifying its role as a major organizer for the second time. Partnering once again with other organizers, GEG held an array of extended side activities. For instance, GEG invited youth champion table tennis players to participate in the “Double Celebrations – GEG Macau Special Olympics Inclusive Table Tennis Fun Day 2024”, invited members from local associations and members from various community groups to watch the matches on-site, hosted an autograph session at Galaxy Macau™, and set up the “Love Between Fairy and Devil” immersive VR interactive booth outside the competition venue to engage the local communities in the table tennis excitement, strengthen sports development in Macau, and promote the city’s unique cross-sectoral “tourism + sports” charm by blending leisure and entertainment elements.

As the first high-tier international table tennis tournament following the 2024 Paris Olympics, the seven-day WTT Champions Macao 2024 was held at the Macao East Asian Games Dome. After 62 intense matches, Mr. Lin Shidong and Ms. Sun Yingsha emerged as the champions of the men’s and women’s singles. Upon the tournament, distinguished guests presented awards to the champions and runners-up in both categories. Guests attending the award ceremony includes, Mr. Ho Iat Seng, Chief Executive of the Macau SAR; Mr. Liu Guoliang, WTT Board Chair, International Table Tennis Federation Deputy President and Chinese Table Tennis Association President; Ms. Ao Ieong U, Secretary for Social Affairs and Culture of the Macao SAR Government; Ms. Ho Ioc San, Chief of Office of the Secretary for Social Affairs and Culture of the Macao SAR Government; Mr. Wan Sucheng, Director-General of the Department of Publicity and Culture of the Liaison Office of the Central People’s Government in the Macao SAR; Mr. Gao Yuan, Director of the Department of Information and Public Diplomacy of the Commissioner’s Office of the Ministry of Foreign Affairs of the People’s Republic of China in the Macao SAR; Mr. Steve Dainton, WTT Chief Executive Officer, ITTF Group Chief Executive Officer; Mr. Francis Lui, Vice Chairman of GEG; and Mr. Philip Cheng, Director of GEG.

For 14 consecutive years, GEG has proudly title-sponsored and co-organized the “Double Celebrations – GEG Macau Special Olympics Inclusive Table Tennis Fun Day 2024” with the Macau Special Olympics (MSO), which was held at Broadway Macau™ during this year’s WTT Macau Championship Macao. With GEG’s support and arranged by WTT, Mr. Xiang Peng and Ms. Kuai Man, winners of the World Junior Table Tennis Championships, participated in the event and interacted with MSO athletes through inclusive table tennis exchange aimed at broadening local athletes’ horizons, and to promote the disability inclusive culture. In addition, GEG also invited various local community associations and organizations to attend the matches, including the General Union of Neighborhood Associations of Macau, the Women’s General Association of Macau, Macau Tung Sin Tong, and students from the Lui Che Woo College of the University of Macau. Local students from the “Youth Science and Technology Village” program, co-organized by GEG, the Education and Youth Development Bureau, and the Macau Science Center, as well as students from the “GEG Youth Achievement Program”, co-organized with the Macau Management Association for 13 consecutive years, were also invited to attend. Accompanied by members of the GEG Volunteer Team, these participants witnessed world-class athletes in action, deepening their understanding and interest in international table tennis competition.

To further engage local residents and international tourists in the table tennis craze, GEG, along with various organizers, invited WTT players, Ms. Chen Xingtong from China and Mr. Truls Moregard from Sweden to an autograph session at the East Square of Galaxy Macau. They interacted with and signed autographs for around 100 table tennis fans, creating a lively and welcoming atmosphere. Additionally, GEG set-up the “Love Between Fairy and Devil” immersive VR interactive booth outside the competition venue, with actors wearing Hanfu at the scene to introduce to the audience the unique interactive experience that blends traditional Chinese charm with technology, further showcasing Macau’s unique cross-sectoral “tourism + sports” charm.

GEG has been actively involved in the WTT tournament since its debut in Macau in 2022, with this year marking the second consecutive year it has served as one of the major organizers, underscoring its ongoing commitment to Macau’s development as a “City of Sports”” by supporting and presenting sports events and it’s extended activities in a more in-depth way. Moving forward, GEG will continue to fully support the Macau SAR Government’s sports development strategy, foster the cross-sectoral integration of “tourism + sports”, and remain committed to enhancing Macau’s position as a “World Center of Tourism and Leisure”.

Hashtag: #GalaxyMacau

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

About Galaxy Entertainment Group (HKEx stock code: 27)

Galaxy Entertainment Group Limited (“GEG” or the “Company”) and its subsidiaries (“GEG” or the “Group”) is one of the world’s leading resorts, hospitality and gaming companies. The Group primarily develops and operates a large portfolio of integrated resort, retail, dining, hotel and gaming facilities in Macau. GEG is listed on the Hong Kong Stock Exchange and is a constituent stock of the Hang Seng Index.

GEG through its subsidiary, Galaxy Casino S.A., is one of the three original concessionaires in Macau when the gaming industry was liberalized in 2002. In 2022, GEG was awarded a new gaming concession valid from January 1, 2023, to December 31, 2032. GEG has a successful track record of delivering innovative, spectacular and award-winning properties, products and services, underpinned by a “World Class, Asian Heart” service philosophy, that has enabled it to consistently outperform the market in Macau.

The Group operates three flagship destinations in Macau: on Cotai, Galaxy Macau™, one of the world’s largest integrated destination resorts, and the adjoining Broadway Macau™, a unique landmark entertainment and food street destination; and on the Peninsula, StarWorld Macau, an award-winning premium property.

The Group has the largest development pipeline of any concessionaire in Macau. When The Next Chapter of its Cotai development is completed, GEG’s resorts footprint on Cotai will be more than 2 million square meters, making the resorts, entertainment and MICE precinct one of the largest and most diverse integrated destinations in the world. GEG also considers opportunities in the Greater Bay Area and internationally. These projects will help GEG develop and support Macau in its vision of becoming a World Centre of Tourism and Leisure.

In July 2015, GEG made a strategic investment in Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco (“Monte-Carlo SBM”), a world renowned owner and operator of iconic luxury hotels and resorts in the Principality of Monaco. GEG continues to explore a range of international development opportunities with Monte-Carlo SBM.

GEG is committed to delivering world class unique experiences to its guests and building a sustainable future for the communities in which it operates.

For more information about the Group, please visit www.galaxyentertainment.com

81% of Manufacturing Industries Yet to Embrace Smartification Solutions

7 Key Recommendations to Ignite New Momentum in Hong Kong Manufacturing

HONG KONG SAR – Media OutReach Newswire – 16 September 2024 – Hong Kong Productivity Council New Industrialisation (HKPC New Industrialisation) announces key findings from the “Hong Kong Manufacturing Industries Development Study Report”, jointly conducted by Deloitte China at the newly opened Future Manufacturing Hall. The study examines Hong Kong’s manufacturing industry, analysing its current state, policies, expert interviews, upgrading projects of Hong Kong-based manufacturers in the Greater Bay Area (GBA), and corporate surveys. Aiming to foster community-wide understanding and jointly explore paths, directions, challenges and opportunities for industry advancement, the HKPC has put forward seven major action proposals to rejuvenate the new momentum of Hong Kong’s manufacturing.

Overview and Challenges of Hong Kong’s Manufacturing Industry

With the economic transformation, Hong Kong’s manufacturing industry has ostensibly migrated overseas. However, the comprehensive survey results show that the headquarters functions of some local manufacturing enterprises remain in Hong Kong and have transformed into manufacturing services. In accordance with “New Productive Forces”, proposed by the country in 2023, Hong Kong must develop high-quality green manufacturing and promote industrial innovation, upgrading, and transformation.

Today, the development of Hong Kong’s manufacturing industry is generally facing the following four major challenges:

1. Increasingly fierce competition: Fierce competition and saturation of the market has caused the manufacturing industry to face the challenges of declining market share and squeezed profits.
2. Global supply chain remodeling: Supply chain locations are affected by technical requirements, production costs and tariffs, making it more difficult to manage supply chains and companies.
3. Small order volume and customisation have become the new normal: Nearly seven out of ten (69%) of the companies surveyed agree that “lots of variety in fewer quantities” is a new trend in the manufacturing industry, requiring companies to quickly respond to costumers’ needs. With customisation challenging traditional production models, Hong Kong can take this trend as an opportunity to develop new manufacturing models.
4. Sustainability is on the move: 67% of the companies surveyed have received or expect to receive requests from customers to incorporate green sustainability standards into their manufacturing processes, making green manufacturing or sustainability an essential issue.

Mr Alvis KONG, Partner of Deloitte China Strategy and Economic Advisory, remarked on the result, “As New Productive Forces has become an intrinsic requirement and an important focus of the country’s efforts to promote high-quality development, and developed economies around the world are also laying out national-level industrialisation strategies, a new wave of technological innovation will provide opportunities for the transformation and upgrading of Hong Kong’s manufacturing industry. To stimulate industrial innovation and enhance productivity, the HKSAR Government has been actively implementing policies and measures in the areas of finance, manufacturing and R&D, supply chain management, talent, etc., in recent years, with a multi-pronged approach to support the further development of the manufacturing ecosystem.”

Two New Trends of Customisation and Sustainable Development Unveil Hong Kong’s High Value-added Headquarters Functions

1) 81% of manufacturing companies surveyed have yet to adopt smartification solutions to cope with the increasing demand for customisation

Only 19% of the companies surveyed have already introduced smartification solutions, 20% intend to do so, 8% use other traditional methods (e.g., enhanced publicity), and as many as 53% of companies surveyed said they have no way to deal with it. The data shows that although enterprises generally recognise the importance of customised small batch production, the application of smartification technology is still insufficient in practice.

2) 67% of enterprises have received or expect to receive requests from customers to incorporate green and sustainable development standards into their manufacturing processes

Both expert interviews and corporate survey results show that sustainable development is a global consensus and a new trend. Enterprises need to adopt more environmentally friendly and sustainable technologies and methods in the production process, reduce their impact on the environment, and meet the increasing needs of consumers for green products, which has become an essential issue in the manufacturing industry. Green manufacturing requirements and demanded services cover a wide range of fields and technologies, including energy management and carbon emission reduction, international sustainable development certification and training, ESG reporting, assurance and rating, green finance, etc.

3) Prosperity of Hong Kong’s high value-added headquarters functions

Some of the surveyed manufacturing enterprises have retained high value-added functions in Hong Kong, such as R&D, supply chain management and finance. In terms of R&D, 31% of the companies carry out technology and product development in Hong Kong, and only 27% of the manufacturing enterprises have licensed their technology. In terms of supply chain management, 47% of the enterprises have global procurement in Hong Kong, and 46% have command and deployment of outbound manufacturing bases. As for finance, 59% of the companies conducted asset management and finance in Hong Kong.

Mr Edmond LAI, Chief Digital Officer of HKPC, mentioned, “Smart solutions represent a new pathway for the development of Hong Kong’s manufacturing. We encourage enterprises to add value and leverage complementary advantages with the GBA and other domestic markets to drive industrial innovations. Hong Kong needs to actively develop its headquarters economy, attract corporations to set up headquarters, and promote industrial diversification. In addition, green manufacturing is the future trend in global manufacturing. Companies can enhance their market competitiveness and reputation while achieving high-quality business development. The global demand for green manufacturing will become a new growth point for Hong Kong’s service industry, encompassing a wide range of fields and significant technological requirements, presenting immense business opportunities.”

In-depth Analysis of Cases Summarises the “Three Major Directions and Ten Major Measures” to Lead the Development of New Productive Forces

HKPC New Industrialisation conducted an in-depth analysis of more than 1,300 successful upgrading and transformation cases of Hong Kong enterprises and concluded that enterprises need to take “three major directions and ten major measures” to achieve the transformation and upgrading of the manufacturing industry to develop New Productive Forces.

• Direction 1 – Pioneering new manufacturing models:

1. Implementing digital transformation
2. Enabling green manufacturing
3. Promoting flexible production of “Microfactory”

• Direction 2 – Exploring new growth engines:

4. Optimising product development market
5. Expanding upstream and downstream industrial chain
6. Commercialising patents
7. Commercialising production technologies

• Direction 3 – Realising value chain transformation:

8. Developing product design capabilities
9. Establishing brand diversification strategies
10. Expanding the scope of product or technology applications

Case 1: Decoding digital green production and realising the transformation of value chain

The Hong Kong head office of a mold and injection molding product manufacturer is responsible for strategy and investment management, finance, personnel, innovation and R&D and supply chain decision-making management. It plays an important role in the Hong Kong headquarters economy and has production bases in the Mainland and Southeast Asia and aims to provide customers with precision injection molding parts and mold products with intricate technology. To develop a new manufacturing model, the company has successfully digitised the whole process, from product development to mass production. At the same time, it is also committed to building a green and low-carbon factory, producing products that meet international standards and customer corporate social responsibility requirements. At present, it has obtained several quality management certifications, achieving international standards of excellence. The company has expanded its upstream and downstream industrial chains in terms of exploring new growth engines, transforming from traditional molds to R&D and production of precision plastic products. In the process of realising the transformation of the value chain, “pull” production is adopted, and each order is taken as a starting point to automatically generate a production scheduling plan, supporting peripheral equipment, process requirements, material orders, etc., to achieve data transparency. It has improved its product design capabilities and expanded its product and technology application scope.

Case 2: Launching the “Microfactory” flexible mode to allow enterprises moving forward at full speed with the torrent of innovation

Garment manufacturers have made good use of the HKSAR Government’s New Industrialisation Funding Scheme to set up a full-fledged digital knitted garment smart production line, with a focus on developing new manufacturing models. To quickly respond to market customisation requirements, new production equipment was established in existing factories. The traditional production line was changed to a unit manufacturing mode for small batch and multi-style production, effectively increasing the output value of the existing production space and reducing inventory and material waste. The production line covers product design, digital simulation samples, engineering parameters and programming to smart production. The project’s production capacity can reach 22 hours of operation per day, which will increase production capacity by 35% and reduce production costs by 40% compared with the current production line.

HKPC New Industrialisation Proposes Seven Major Actions to Rejuvenate Hong Kong’s Manufacturing Momentum

Based on the above research, to plan the development strategies and to invigorate new momentum for Hong Kong manufacturing industry, HKPC New Industrialisation’s recommendations for new industrialisation can be divided into three levels: ‘Made in Hong Kong,’ ‘Headquarters Functions,’ and ‘Service Industry of Manufacturing.’

1. Developing “Microfactory” according to local conditions: It is suggested that the Government plans for “Microfactory” sites suitable for key industries, reviews the existing industrial sites and buildings, and encourages enterprises to make good use of I&T resources to develop green and smart manufacturing in Hong Kong, increase the unit output value of space, and develop customised production with agile new manufacturing models. The “Microfactory” can also promote cutting-edge technology research, accelerate the pilot scale-up, new product research and development, and new technology implementation.
2. Strengthening the functions of the Hong Kong headquarters: It is an effective strategy to attract high value-added companies to stay in Hong Kong by strengthening Hong Kong’s headquarters functions. The Government provides preferential tax and investment incentives to attract high value-added headquarters functions to stay in Hong Kong, including technology and product R&D, intellectual property application/licensing/management, financing and asset management, global procurement, offshore manufacturing command center, etc. This will consolidate Hong Kong’s status as an international financeing, trade, transport and innovation and technology center, and at the same time, allow them to become the headquarters of Mainland enterprises for overseas business and promote cross-border e-commerce, connecting the Mainland with overseas markets.
3. Cultivating the Intellectual Properties (IP) industry: HKPC will work with stakeholders in expedite the establishment of WIPO Technology and Innovation Support Centers (TISC) and recommends that the HKSAR Government introduce and enhance policies to support the IP ecosystem (from creation, application, commercialisation, trade to professional services) to develop Hong Kong into a regional IP trading center.
4. Developing green manufacturing services: Establish, strengthen and coordinate the development of green manufacturing-related services, such as green manufacturing certification and management, ESG compliance, energy efficiency optimisation, green financing products, carbon neutrality certification and trading, etc., to provide one-stop green manufacturing services for local, domestic and overseas markets.
5. Accelerating recruitment of technical talent: It is suggested that the Government strengthens the existing talent import policy and introduces diversified technical talent with practical experience. In addition to high-end scientific research talents, it is also necessary to attract diversified technical talents with practical experience and consider including them in university courses, to accelerate the demand for talent in the manufacturing industry, enhancing the competitiveness and innovation ability of the industry.
6. Creating a large language model of the manufacturing industry: It is suggested that the Government promotes cooperation between industry, academia and research to jointly develop a large manufacturing model ManufacturingGPT, combining the latest AI technology to provide more efficient and smarter solutions for the manufacturing industry. Business associations shall encourage enterprises to share big data to help train the large language model to open up ManufacturingGPT as a scientific research platform to accelerate the development of local smart manufacturing technology.
7. Promoting a new image of the manufacturing industry: Enterprises have to make good use of the Government’s innovative technology resources to optimise the factory environment through new manufacturing models, provide high-quality employment opportunities, take into account environmental protection and occupational safety and other elements, introduce gamification production management, and cooperate with stakeholders from all walks of life to promote and reshape the new image of the manufacturing industry, and attract and nurture young talents to enter the industry.

Mr LAI summarised, “HKPC is committed to fueling the new momentum of Hong Kong’s manufacturing industry. Through the first ‘New Productive Forces’ demonstration platform in Hong Kong, we would like to showcase ‘Hong Kong Got Industries’, usher in a new era of ‘Made in Hong Kong’ and lead Hong Kong to become a model for the future of manufacturing. The nation’s ‘New Productive Forces’ industrialisation strategy provides us with an opportunity for transformation and upgrading, and technological innovation will become the engine of our development. Through reform and upgrading, technological innovation will be the core of value enhancement, and the inherent advantages of Hong Kong’s manufacturing industry will lay the foundation for the development of new industrialisation.”

The Hong Kong Manufacturing Industries Development Study Report was conducted from March to July 2024, in which 288 manufacturing companies in Hong Kong completed the survey. The survey report will be available for download from HKPC’s website in due course: https://www.hkpc.org/zh-HK/about-us/hkpc-publication/industry-support.

Please click the link to download the photo: https://shorturl.at/d4g71

Hashtag: #HKPC

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

About Deloitte China

Deloitte China is a comprehensive professional services firm based locally and globally connected, co-owned by Deloitte China’s partners, and has always been at the forefront of China’s reform and opening up and economic construction. With offices in 31 cities in China and more than 20,000 professionals, we provide clients with the world’s leading one-stop professional services such as audit, tax and consulting.

We are honest, adhere to quality, have the courage to innovate, and help customers and partners from all walks of life seize opportunities, meet challenges, and achieve world-class high-quality development goals with excellent professional capabilities, rich industry insights and smart technology solutions.

The Deloitte brand was founded in 1845, and its name in Chinese (德勤) denotes integrity, diligence and excellence. With member firms in more than 150 countries, the Deloitte Global Professional Network aims to strengthen public trust in capital markets, empower clients to transform and upgrade, and empower talent to embrace the future, leading to a more prosperous economy, a fairer society, and a sustainable world.

About Deloitte

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Deloitte Asia Pacific Limited (i.e. a company limited by guarantee) is a member firm of Deloitte Touche Tohmatsu Limited. Each member of Deloitte Asia Pacific Limited and its affiliates are legal entities with separate legal status, providing professional services in more than 100 cities in the Asia Pacific region.

See http://www.deloitte.com/cn/about for more information.

About HKPC · New Industrialisation

New Industrialisation is one of the eight major development focuses of the Hong Kong Productivity Council (HKPC). To support the goal of achieving new industrialisation as stated in the “Hong Kong Innovation and Technology Development Blueprint” promulgated by the HKSAR Government and promote high-quality and sustainable development of Hong Kong economy, HKPC New Industrialisation provides comprehensive technical support and training to move enterprises and industrial chains toward higher-end, smarter and greener transformation, achieving new industrialisation. The New Industrialisation Development Centre, established in mid-2023, provides an exchange platform for all sectors to learn about and master the latest technological solutions, with all-round services including testing and certification, certified new industrialisation courses and Government funding consultation, and more. This will drive and accelerate the realisation of new industrialisation in Hong Kong and other cities of the Greater Bay Area, speeding up the formation of new productivity. To promote the high-quality development of new industrialisation and the digital economy, HKPC New Industrialisation has also established “Celesphere”, dedicated to combining metaverse, Industry 4.0, artificial intelligence and human-machine interface technologies to further promote industrial metaverse applications and their adoption, optimising product life cycles, enhancing enterprise productivity and competitiveness, and jointly driving and implementing new industrialisation.

For more information, please visit the webpage of “HKPC New Industrialisation”: https://u.hkpc.org/HKPC-NewInd-EN.

About the Hong Kong Productivity Council

The Hong Kong Productivity Council (HKPC) is a statutory body established in 1967 to drive productivity excellence in Hong Kong enterprises through world-class advanced technology and innovative services. As a market-oriented applied R&D institution, HKPC promotes the New Industrialisation of Hong Kong and the Greater Bay Area through innovation and technology, achieves New Productive Forces development, and comprehensively promotes Hong Kong to become an international innovation and technology hub and a smart city. It also provides a full range of innovative solutions to enhance business productivity and business efficiency, reduce operating costs, and enable enterprises to maintain a competitive advantage in local and overseas markets. HKPC actively collaborates with the local business community and world-class R&D institutions to develop applied technology solutions to create value-added for the industry. Through product innovation and technology transfer, we have successfully commercialised R&D results and created business opportunities. Over the years, HKPC’s world-class R&D achievements have been widely recognised, and many local and overseas awards have been awarded.

HKPC is also committed to providing real-time and appropriate support to SMEs, and start-ups, and providing a variety of future skills development courses to enable enterprises and academia to master the latest digital and STEM technologies, so as to enhance talent training and enhance Hong Kong’s competitiveness.

For more information, please visit HKPC’s website: www.hkpc.org.

BANGKOK, THAILAND – Media Outreach Newswire – 16 September 2024 – The Ministry of Higher Education, Science, Research, and Innovation (MHESI) by the National Innovation Agency (Public Organization) or NIA held a seminar today to commemorate the 15th anniversary of the National Innovation Agency (Public Organization). The event featured expert speakers on innovation ecosystems from Thailand and abroad who exchanged knowledge, perspectives, and experiences on a wide range of topics. Key discussions included ways to strengthen the national innovation ecosystem, showcasing case studies from Lithuania and Sweden, strategies for building a robust startup ecosystem by promoting talent and future investment imagery, accelerating the growth of Thai innovative businesses, connecting innovation funding sources among NIA, the Federation of Thai Industries (FTI), and the Board of Investment (BOI), as well as expanding businesses into international markets. In addition, the NIA’s international advisory board discussed on promoting startup businesses through investment mechanisms and developing talented human resources, which will be used to develop and expand operations to fit the context of Thailand in the future.

Dr. Krithpaka Boonfueng, Executive Director of NIA, emphasized the agency’s significant role over the past 15 years in reinforcing the national innovation system by supporting Thai innovators in establishing and sustainably growing their businesses as well as building a new generation to create innovation leading to positive changes for society and the environment. NIA has evolved to face challenges while establishing its foundation for Thailand’s innovation development since its inception in 2007, when the concept of “innovation” began to transform the Thai economy from an industrial base to a value-added product and service development framework. In 2009, the NIA was established to be the main agency to promote and develop the country’s technological and innovation capabilities.

“Today, the context of innovation in Thailand is vastly different, presenting challenges and opportunities that NIA must navigate to enhance the country’s international competitiveness including NIA’s pivotal role in launching initiatives for startups since 2016 through Startup Thailand project, further enhancing innovative enterprise capabilities in Thailand and connecting them to global markets. The changes in the Thai innovation ecosystem have required NIA to develop and grow in parallel to meet the new challenges that have arisen, both in terms of support mechanisms and cooperation networks that have been initiated, developed, and expanded to create “innovations” that can create high impacts on the Thai economic and social system, whether they are innovations for the economy, social innovations, area-based innovations, or public sector innovations, as well as developing the potential of new-generation innovative entrepreneurs at both the individual and organizational levels. From such commitment, NIA has become an organization that is recognized as the country’s main agency in driving the Thai innovation system, as evidenced by its championship title of Thailand’s Most Admired Company, a “Public Organization” in the field of technology and innovation for 3 consecutive years since 2021. Over the past 15 years, NIA has supported over 3,133 innovative projects worth approximately 3,586 million baht, leading to an impressive investment value of around 50,350 million baht. The agency has also become a central hub for facilitating both Thai and international startups through consulting, investor networking, and access to government benefits.

Looking ahead, NIA aims to serve as the “Focal Conductor” for innovation, collaborating with local and international partners to help innovative entrepreneurs leap to new heights. Plans include the implementation of the “Groom” concept, focused on developing talent through 16 courses. There are 2 courses for developing youth interested in preparing to grow in creating innovative businesses and 14 courses for developing potential in innovation to drive the economy and society. In addition, there is the Startup League project, which has more than 70,000 youths participating from 48 universities, registered 80 companies, and has created a business value of more than 100 million baht. “Grant” through 7 new funding mechanisms that focus on developing and expanding innovative businesses to markets covering both economic and social innovations and cooperation with external funding sources. “Growth” is an acceleration of the growth of innovative businesses and startups in target industries through startup growth acceleration programs in 4 areas: food technology, agricultural technology, health technology, and climate change technologies. Strengthening the potential of regional innovative entrepreneurs through the Nilmangkorn 10X project, which aims to generate sales over 100 million baht within 3 years. “Global” is to promote Thai innovative entrepreneurs to the international market through business expansion opportunities and fundraising with the services of the Global Startup Hub and programs to promote business expansion into foreign markets, including accelerating the push for the Startup Act to support a strong startup ecosystem. “We are committed to pushing Thailand toward becoming a recognized ‘Innovation Nation’ on the global stage, and we are grateful for the collaboration of innovation networks across all sectors in driving this mission forward,” Dr. Krithpaka concluded.

Hashtag: #nia

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

Dusit’s reimagined flagship hotel sets a new standard in Thailand, becoming the first to offer chauffeured Porsche Panamera Executive sedans as part of its luxurious guest experience. Guests can unlock this exclusive privilege when booking Club Rooms or Suites directly via dusit.com.

BANGKOK, THAILAND – Media OutReach Newswire – 16 September 2024 – Dusit Thani Bangkok, the highly-anticipated reimagined flagship hotel of Dusit International, one of Thailand’s leading hotel and property development companies, is partnering with Porsche Thailand to deliver a bespoke luxury limousine service for guests.

With a shared vision to ‘redefine the art of the journey,’ this collaboration marks the first time in Thailand that Porsche sports cars will be used as part of a hotel’s limousine service, offering an unparalleled experience for discerning travellers.

Dusit Thani Bangkok‘s luxury fleet includes five Porsche Panamera 4 E-Hybrid Executive models. Carefully chosen to meet the exacting standards of Dusit Thani Bangkok’s discerning guests, this top-tier executive sedan delivers an unmatched blend of comfort, style, technology, and sophistication, all while combining power with whisper-quiet efficiency.

The long wheelbase Panamera Executive features a spacious, luxurious interior, with premium leather seats designed to embrace the body, providing satisfying support and comfort for even the longest trips within Bangkok or to picturesque destinations beyond.

State-of-the-art entertainment systems and complimentary high-speed Wi-Fi are just some of the thoughtful amenities that ensure each journey is as productive or relaxing as guests desire, whether for transfers, bespoke excursions, or tailored travel routes.

“Our partnership with Porsche Thailand is a testament to our dedication to providing extraordinary experiences that exceed our guests’ expectations,” said Ms Suphajee Suthumpun, Group CEO, Dusit International. “The Porsche Panamera limousine service is more than just transportation; it embodies the luxury and innovation that define the reimagined Dusit Thani Bangkok. We believe this exclusive offering will not only elevate our guests’ journeys but also redefine the standard for luxury limousine travel in Bangkok.”

In addition to experiencing unparalleled comfort, guests can take confidence in knowing that each chauffeur managing Dusit’s fleet has received rigorous training from Porsche Thailand, where safety and precision are the highest priorities. These elite drivers further distinguish themselves by wearing bespoke uniforms, crafted to reflect the elegance and sophistication of both Dusit Thani Bangkok and the Porsche brand.

Mr Peter Rohwer, Managing Director of Porsche Thailand by AAS Group, said, “We are delighted to partner with Dusit Thani Bangkok as part of its transformative journey to set a new benchmark for luxury accommodation in Bangkok. Dusit’s exceptional reputation for blending tradition with innovation aligns perfectly with Porsche’s pursuit of excellence. Together, we share a commitment to creating experiences that are as refined as they are unforgettable, and we look forward to contributing to this iconic hotel’s legacy by redefining the art of the journey and offering guests the unrivalled luxury and performance of Porsche.”

The reimagined Dusit Thani Bangkok will open its doors on 27 September 2024, following a stunning transformation as part of the Dusit Central Park project, located opposite Lumpini Park.

For a memorable arrival, guests booking Club Rooms or Suites directly through the hotel or dusit.com will enjoy a complimentary airport transfer in a sleek Porsche Panamera Executive limousine – an exclusive privilege reserved for direct bookings only. This special service is also available as part of the ‘An Iconic Stay: Opening Offer,‘ which includes additional exclusive benefits reserved for guests booking directly via dusit.com.
Hashtag: #DusitInternational

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

About Dusit Thani Bangkok

The iconic Dusit Thani Bangkok reopens its doors to welcome guests once again following a captivating transformation. Presiding over Lumpini Park, the hotel redefines luxury with all park-view accommodations and sets the scene for unforgettable experiences with world-class dining and peerless event venues.

More than just a hotel, Dusit Thani Bangkok brings classic grandeur to life and invites discerning travellers to experience a vibrant blend of modern elegance and timeless charm inspired by Dusit’s world-renowned gracious hospitality.

For more information, please visit dusit.com/Bangkok

About Dusit International

Established in 1948, Dusit International or Dusit Thani Public Company Limited (DUSIT) is a leading hospitality group listed on the Stock Exchange of Thailand. Its operations comprise five distinct yet complementary business units: Dusit Hotels and Resorts, Dusit Hospitality Education, Dusit Foods, Dusit Estate, and Hospitality-Related Services.

Dusit International’s diversified investments in real estate development, hospitality-related services, and the food sector are part of its long-term strategy for sustainable growth, which focuses on three key areas: balance, expansion and diversification.

For more information, please visit dusit-international.com

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 16 September 2024 – No matter what tradable instruments a trader prefers, understanding the spreads is instrumental in successfully navigating the financial markets. The experts at Octa, a globally recognised broker since 2011, summarise the key points every trader should know about spreads.

The annoying ubiquity of spreads
Any trader, regardless of the asset classes in their portfolio, deals with transaction costs in one way or another, paying a bid-ask price with each trade. A spread is the difference between an asset’s buying and selling prices. Since no broker offers zero spreads, the question traders face is not how to avoid this fee altogether but rather how to find a broker with lower spreads and what value difference to expect from it.

Two types of spreads
Traders always pay the higher price when they buy and the lower price when they sell, with the broker taking the difference. There are two types of spreads, each having its pros and cons: fixed and variable.

Variable spreads change according to market conditions and instrument volatility. More volatile assets have wider spread variations. Even though variable spreads do not allow traders to predict the exact spread value, the average spread size can easily be calculated at the end of the session. With fixed spreads, on the other hand, traders always know where they are when they start trading, and the end result never comes as a surprise, regardless of asset volatility.

Little by little, a little becomes a lot
How important is it to have favourable spreads? Let’s illustrate the significance of lower spreads by an example.

If broker A has a bid-ask spread of 1 pip for a major currency pair, and broker B has a 3 pip spread, a broker A’s client will get 2 pips more of a profit for each positive outcome than a broker B’s client—and 2 pips less of a loss for each negative. Over a long time, these slight differences can amount to a hefty sum. For example, a day trader can make up to a few hundred trades daily, depending on the strategy and how frequently attractive opportunities appear. Now, suppose a pip value for the EUR/USD pair is 0.1 USD, and the trader buys or sells one lot per order. With 100 trades per session, the 2 pips spread difference will amount to 20 USD to be deducted from the trader’s financial result at the end of the day. Considering that in Forex, individual gains are mostly marginal, and each pip counts, having lower spreads in the first place is a significant advantage.

The more the merrier
Since spreads are imposed on a per-trade basis and do not depend on the order amount, spread difference becomes more important as the number of trades per session increases. Therefore, the trading style that profits from low spreads the most is scalping, which involves a maximum number of trades compared to other strategy types.

The size and type of spreads often become a primary factor in choosing a broker, and traders decide on their preferences based on their strategy and style. For example, many scalpers prefer variable spread offers because it enables them to access the cheapest spreads available on the market at any given time. Spreads may seem insignificant when considered on a per-order basis, but at the end of the sessions, these minor differences accrue and can tilt the odds of success in the trader’s favour.
Hashtag: #Octa

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

Octa

Octa is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

In the APAC region, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.

Explore I-PRIMO’s exquisite collection of over 200 beautifully crafted rings, each designed to capture the best moments of your unique love story as you take your first step together

SINGAPORE – Media Outreach Newswire – 16 September 2024 – Renowned Japanese bridal jewellery brand, I-PRIMO, is thrilled to announce the opening of its second store in Singapore, located at Suntec City. This exciting expansion marks a significant milestone as the brand proudly celebrates its 25th anniversary this year.

Tomotaka Miyata, Managing Director of I-PRIMO Singapore, says, “We extend our heartfelt gratitude to all our customers and partners for helping us reach this milestone. As a brand, our mission remains to support couples in their journey to find the perfect ring and achieve lasting happiness through our Japanese-born bridal expertise.”

At I-PRIMO, its commitment to making every moment extraordinary is captured in its philosophy “Our Promise to Your Best Moments,” as you take your first step into a promising future. With over 200 stunning ring designs, they offer engagement rings inspired by stars as well as zodiac signs, alongside a series of collections like the seasons-inspired collection, Hatsusora and the vintage-style collection, Suwaha. The team is dedicated to creating a unique ring tailored to your needs, all while embodying their commitment to Japanese hospitality and exceptional customer service.

To celebrate its grand opening, I-PRIMO proudly introduces Chloris, a stunning new addition to its set ring collection, inspired by the timeless beauty of cherry blossoms, long cherished by the Japanese. The Chloris engagement ring features a unique five-prong setting that elegantly curves and swells like a flower’s stem, gently cradling the diamond. This exquisite design allows the diamond to capture and reflect light from above and the sides, creating a radiant sparkle reminiscent of delicate cherry blossoms.

For the wedding bands, there is a “hidden sakura” motif that is subtly engraved within the interior of the band. The ring’s light and refined design, with minimal protruding elements, ensures comfortable everyday wear without the worry of catching on clothing or other objects. It is as if the petals of a cherry blossom have been captured and transformed into this timeless piece of jewellery.

The “Chloris” design embodies a rhythmic curve that showcases the exceptional craftsmanship of I-PRIMO’s artisans. Utilising advanced forging technology, this ring offers a sharp yet warm shape, making it a truly special piece for those seeking elegance and sophistication.

Additionally, I-PRIMO introduces the Patalena wedding ring set, a unique collection designed to blend two distinct concepts into an impressive, individualistic style. The bride’s ring features side stones of varying sizes, symbolising a blossoming flower of happiness. In contrast, the groom’s ring showcases glossy square motifs, representing the nurturing sunlight that helps the flower thrive.

From proposal to aftercare services, the Japanese bridal ring speciality brand delivers a comprehensive experience for customers looking to pick out a ring for a special occasion. In addition to expert guidance from their bridal ring specialists, I-PRIMO also offers customization options like complimentary engraving and their distinctive “Promise Diamonds.” These colour-enhanced natural diamonds, which can be embedded on the inner side of your engagement or wedding band, come in eight different colours, each representing a one-of-a-kind message to express your love.

The decision to open a second store at Suntec City follows the successful grand opening of I-PRIMO’s flagship store at ION Orchard in November 2022. Since then, the brand has built a dedicated customer base in Singapore, drawn by its unique designs and exceptional service. Committed to improving accessibility and service for its valued customers, this expansion aims to enhance brand recognition, attract new clients, and offer greater convenience to existing ones, including better access to after-care services.

As a bustling business and shopping hub, Suntec City is an ideal location with exceptional visibility due to its prime location. Being surrounded by various wedding halls and bridal event venues, the location offers added convenience for couples planning their weddings or bridal customers seeking engagement and wedding rings.

The new I-PRIMO store in Singapore is located at Suntec City, #01-322, 3 Temasek Blvd, Singapore 038983 and opens from 10am to 10pm daily.

Opening Promotion
Exclusive to the new Suntec City outlet, the first 50 customers to make a purchase of any engagement ring or pair of wedding bands will receive a personalised novelty box from the I-PRIMO x COXO Vanessa collaboration, valued at S$150. Furthermore, the first 30 customers will also be gifted a personalised engraved ring box. Visit I-PRIMO’s Instagram page for more details!

Locations
I-PRIMO Flagship
2 Orchard Turn, B1-33 ION Orchard, Singapore 238801
10.00 am to 10.00 pm daily

I-PRIMO Suntec City
Suntec City, #01-322, 3 Temasek Blvd, Singapore 038983
10.00 am to 10.00 pm daily

Official Website: www.iprimo.sg
Instagram: @iprimo_sg
Facebook: @iprimo.sg
Hashtag: #IPRIMO

https://www.iprimo.sg
https://www.facebook.com/iprimo.sg
https://www.instagram.com/iprimo_sg

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

I-PRIMO

I-PRIMO is a renowned premium bridal jewellery brand from Japan that boasts over 200 designs of rings. Inspired by Greek myths and constellations, the design concepts carry the meanings of fortune and love – the wishes of every couple for the rest of their lives and family. The vision behind the brand’s philosophy stems from the desire to play a supporting role and provide treasured keepsakes to couples advancing towards the new and significant chapter in their lives: marriage.

From the choice of materials, and selection of diamonds to the quality of craftsmanship, I-PRIMO upholds stringent standards each step of the way With exceptional customer service, I-PRIMO creates truly special and unforgettable moments every time a couple puts on their rings for the first time. The brand provides customers with the opportunity to find the perfect ring that symbolises their love story. The rings are carefully crafted to enhance their durability while incorporating beautiful designs for an endless selection to cater to any bride or groom. The designs are as authentic as they are original. The brand specialises in made-to-order rings and customises and crafts them to perfection based on each customer’s budget, sizes, preferred ring settings, and loose diamond preference. The brand operates more than 120 retail stores across Japan, Taiwan, Hong Kong, mainland China and Singapore.