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Laos Kicks Off Green Bus Trials to Boost Public Transport in Four Provinces

Green Public Bus (Champamai Newspaper)

Several provinces in Laos have commenced trials of new public “green bus” transportation services aimed at enhancing local infrastructure and reducing traffic congestion.

Harsh Conditions for Vientiane’s Garbage Collectors Highlighted in World Bank Report

Harsh Conditions for Vientiane’s Garbage Collectors Highlighted in World Bank Report
A garbage collector carries two big trash bags (photo: Oxfam)

Garbage collectors in Vientiane, Laos, endure harsh living conditions, raising concerns about their welfare. The World Bank’s recent report emphasizes the urgent need to improve their safety and legal status. 

A Gift for Friends in the Lancang-Mekong Region

Silk Road Story: A river of friendship, Presented by Guangdong TV


CAMBODIA – Media OutReach Newswire – 1 July 2024 Six different nations are nurtured by one river that originates in China. A brand-new world is unveiled for children thanks to a long-awaited gift. A powerful bond is forged among different peoples thanks to the collaborative effort of governments, enterprises, think tanks, and social organizations. Stay tuned to Silk Road Story: A river of friendship presented by Guangdong TV, to witness the friendship across borders.

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1.Restoring hearing to people with hearing impairment and exploring the beautiful scenery in mangrove reserves.

14-year-old Chitpatha, born deaf and mute, heard birdsong for the first time while sitting under a tree after being fitted with a hearing aid from China. Thanks to the “Hearing Crystal Sound without Obstacles” Hearing Loss Genetic Testing and Hearing Aid in Lao PDR, a project initiated by the Shenzhen Foundation for International Exchange and Cooperation in collaboration with BGI, many hearing-impaired individuals like her have been connected to the world of sound.

2. Lao students benefit from China’s hi-tech teaching tools, bearing fruits of friendship.

Since the establishment of diplomatic relations between China and Laos, China has generously supported various livelihood projects in Vientiane that directly impact the well-being of the local community, including hospitals, parks, and communication satellites, as well as infrastructure projects such as cultural centers, airports, and highways, to modernize Laotian cities. The Phiawath Complete Secondary School, constructed by a Yunnan-based enterprise, has also pioneered a groundbreaking approach that combines infrastructure development with content enrichment, known as the “East-West synchronization” model back in China.

TikTok Link: https://vt.tiktok.com/ZGegNL4bP/
Hashtag: #SilkRoadStory #GuangdongTV

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

DCI AG resolves Capital Increase

DCI Database for Commerce and Industry AG Resolves Capital Increase

MUNICH, GERMANY – EQS Newswire – 1 July 2024 – The Executive Board of DCI Database for Commerce and Industry AG resolved on July 1, 2024, with the approval of the Supervisory Board, to increase the company’s share capital from EUR 1,330,149 by EUR 133,014 to EUR 1,463,163. This capital increase will be carried out through cash contributions and with the exclusion of shareholders’ subscription rights. The new shares were issued at a price closely aligned with the current stock market price and were fully placed. The proceeds from the capital increase will be used primarily for the further development of plugilo.

New Investor: Michael Urban

As part of the capital increase, DCI AG has secured Michael Urban as a key investor and new shareholder. Urban brings extensive experience and global contacts to DCI AG. He will not only act as an investor, but will also actively promote the further development of plugilo to ensure its global success. He will play a significant role in establishing plugilo Inc. in the USA. The plan is to expand the functions of plugilo for both B2C (Business to Consumer) and B2B (Business to Business) markets and to scale globally. Further investment rounds in plugilo Inc. are planned.

Michael Urban was the CEO of Actebis, today ALSO, and over the years, he elevated both Tech Data and SYNNEX to the next level and led the merger of both companies. Urban played a key role in the merger of SYNNEX and Tech Data, creating one of the world’s largest IT distributor with annual revenues of $57 billion and 23,000 employees in 2023(1). Urban was responsible for global activities and successfully managed the merger of TD SYNNEX in the Americas, overseeing 12,000 employees over the past three years. Michael Urban has been a significant footprint in the global IT market for over 30 years. He brings his global C-level contacts to DCI and will be actively involved in sales and marketing as well as in establishing plugilo Inc. in the USA and globally, driving plugilo to global success.

Commitment of CEO and Major Shareholder Michael Mohr

The founder, major shareholder, and CEO of DCI AG for the past 25 years, Michael Mohr, is participating in the capital increase alongside Michael Urban, underscoring his strong commitment to the expansion of plugilo.

The share is listed on the m:access of the Munich Stock Exchange.

WKN: A11QU1, ISIN: DE000A11QU11.

Stock exchanges: Munich, Frankfurt, Stuttgart, Berlin, Bremen, Düsseldorf, XETRA

(1) Source: TD SYNNEX earning report 9.1.2024 und TD SYNNEX Website

This announcement contains forward-looking statements based on the current expectations and assumptions of the Executive Board. Known and unknown risks and uncertainties may cause actual results to differ materially from those expressed or implied in such forward-looking statements.

Hashtag: #DCIAG

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

INVERTO Expands Global Footprint with New Offices in Malaysia and Indonesia

  • BCG subsidiary INVERTO Opens New Offices in Kuala Lumpur and Jakarta
  • Fahad Anwar to Lead Both Offices as Managing Director
  • With the launch in Southeast Asia, INVERTO aims to provide its clients regional support

KUALA LUMPUR, MALAYSIA – Newsaktuell – 1 July 2024 – INVERTO, a subsidiary of the Boston Consulting Group (BCG) specializing in procurement and supply chain management, is expanding into Southeast Asia with new offices in Kuala Lumpur and Jakarta. INVERTO has appointed Fahad Anwar to lead these new offices as the Managing Director for Southeast Asia.

Fahad Anwar

INVERTO’s new offices will serve clients throughout the ASEAN region, extending the consultancy’s presence from Europe and the US to a global one. “The ASEAN region has experienced tremendous growth over the past two decades. This expansion enables us to support our local clients in maximizing the impact of their procurement and supply chain strategies. I am thrilled to welcome Fahad to the INVERTO team. His deep expertise across a broad range of industries will significantly enhance our ability to deliver exceptional value and growth in Southeast Asia.” said Daniel Weise, CEO of INVERTO and Global Leader of BCG’s Procurement business.

“The expansion into Southeast Asia is a major milestone for INVERTO. Our cutting-edge offering, and track record of global success enable us to offer innovative and effective solutions tailored to this region’s unique challenges. We’re excited to strengthen our presence here and drive substantial impact for our clients,” said Alex Dolya, Managing Director and Partner at BCG and Leader of BCG’s Operations practice in Asia Pacific.

INVERTO’s newly appointed Managing Director, Fahad Anwar, brings over 20 years of experience in procurement and supply chain management across continents. His expertise spans procurement strategy and transformation projects across multiple sectors including utilities, consumer goods, telecommunications, and the public sector. “INVERTO’s singular focus on procurement and supply chain management, along with expert-led teams, has achieved remarkable success in recent years. I am thrilled to shape INVERTO’s presence in this dynamic and thriving region and drive concrete value for our ASEAN clients,” said Fahad Anwar.

Hashtag: #INVERTO

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

About INVERTO

INVERTO is one of the leading international specialists for strategic procurement and supply chain management. The management consultancy supports companies from the development to the implementation of effective strategies and assists them in the transformation of their operating models. As a subsidiary of the Boston Consulting Group, INVERTO identifies and realizes value potentials including cost reductions, resilience, and sustainability.

INVERTO has over 500 employees at 16 locations in 13 countries. With proven methodologies, in-depth expertise and a hands-on approach, INVERTO guarantees measurable results for companies from all industries, as well as the world’s leading private equity firms.

For more information, please visit www.inverto.com/en/

The ISCTH Global Peace and Transformation Summit with a powerful message from Maitreya Dadashreeji – #IamPeace

GENEVA, SWITZERLAND – Newsaktuell – 1 July 2024 – On the 28th of June 2024, the International Spiritual Council for Transforming Humanity (ISCTH) hosted the first Global Peace and Transformation Summit in Geneva, Siwtzerland. More than 100 action-driven leaders and influential speakers from around the globe gathered to open an honest dialogue on how to foster permanent world peace.

History shows that when faced with chaos, people often resort to conflict, but this hasn’t solved our problems. Instead, we propose a different way: the path of peace. Ask yourself, “What are you seeking?” If you are unhappy, disturbed, you have some self-reflecting to do. The chaos we see around us is a mirror of our own inner state. Through ISCTH and the growing community, we can pave the way for the great transformation. According to the powerful keynote message from Maitreya Dadashreeji, for a collective approach, as a community, there are three steps which we can build upon and implement together.

  • Right Values: Integrate compassion, empathy, and love into daily life, education, and community for peaceful relationships.
  • Right Leadership: Prioritize compassionate, community-focused leaders for a harmonious world.
  • Right Purpose: Focus on creating happy, supportive communities and guiding individuals towards positive spiritual growth.

If you feel disturbed, the antidote is peace. When you acknowledge “I am disturbed,” it tends to intensify. Instead, embrace the thought “I am peace,” and everything begins to settle internally. Make “I am peace” a daily affirmation, as your true nature is peace. Spend 10 minutes each day connecting with this truth. By doing so, you align your emotions and thoughts with peace. This movement, both individually and collectively, will help lay the foundation of a more harmonious world. From inner peace to world peace. #IamPeace

Hashtag: #ISCTH #IamPeace

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

VinFast officially launches VF 5 for sale in Indonesia


JAKARTA, INDONESIA – Media OutReach Newswire – 1 July 2024 VinFast expands its Indonesian lineup with the VF 5, an electric SUV designed for the A-segment. Following the debut of the VF e34 in March, this marks VinFast’s second offering in Indonesia.

VinFast officially launches sales of the VF 5 in Indonesia on July 1st, 2024
VinFast officially launches sales of the VF 5 in Indonesia on July 1st, 2024


VinFast officially launches sales of the VF 5 in Indonesia on July 1st. Prices are listed at IDR 310,000,000.

In addition, VinFast also offers an attractive battery subscription program that is optimized for the diverse mobility needs of each customer. Under the battery subscription program, the VF 5 has a list price of IDR 242,000,000.

The battery subscription plan for the VF 5 offers tiered monthly fees based on driving distance. Customers will pay only IDR 990,000/month for distances under 1,500 km, IDR 1,415,000/month for distances under 3,000 km, and IDR 2,360,000/month for over 3,000 km.

The VF 5 comes with the best warranty in the market, covering the vehicle for up to 7 years or 160,000 km (whichever comes first), and the battery for 8 years with unlimited kilometers.

Mr. Temmy Wiradjaja, CEO of VinFast Indonesia, said: “VinFast is thrilled to unveil our second model in Indonesia. This launch underscores our dedication to advancing electric mobility with cutting-edge, intelligent, and safe vehicles. It represents a significant step in VinFast’s mission to dominate the electric vehicle market throughout Indonesia, showcasing our unwavering commitment to developing innovative and high-quality products that cater to the diverse needs of our customers.”

The VF 5 packs a punch with a 70 kW electric motor (equivalent to 94 HP) and 135 Nm of torque. It is equipped with a 29.6 kWh Lithium battery. Customers can top up the battery from 10% to 70% in just 34 minutes for convenient on-the-go charging.

VinFast prioritizes customers’ safety with the VF 5, equipping it with a comprehensive suite of segment-leading features. These include anti-lock braking systems (ABS), emergency brake display (EBD), emergency brake assist (BA), and electronic stability control (ESC), ensuring customers have complete peace of mind on the road.

The VF 5 also turns heads with its sleek design. Eye-catching LED turn signals, reverse lights, and taillights positioned low create a distinctive rear signature. The spoiler and shark fin antenna also add a touch of sophistication and complete the car’s dynamic look.

The compact size of the VF 5 makes it perfect for navigating busy city streets. Its maneuverability and comfortable driving experience are sure to generate excitement in the Indonesian A-segment car market.

So far, VinFast has already launched the VF e34, opened its first dealer store in Jakarta, and announced plans to build an electric car manufacturing plant in Indonesia, demonstrating the company’s commitment and well-structured business strategy in the archipelago nation.
Hashtag: #VinFast

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

About VinFast

VinFast – a member of Vingroup – envisioned to drive the movement of the global smart electric vehicle revolution. Established in 2017, VinFast owns a state-of-the-art automotive manufacturing complex with scalability that boasts up to 90 percent automation in Hai Phong, Vietnam.

Strongly committed to the mission for a sustainable future for everyone, VinFast constantly innovates to bring high-quality products, advanced smart services, seamless customer experiences, and pricing strategy for all to inspire global customers to jointly create a future of smart mobility and a sustainable planet. Learn more at:

Allianz Asia Pacific Launches #SHEsecures: Empowering Women in the Insurance Industry


SINGAPORE – Media OutReach Newswire – 1 July 2024 – Reinforcing Allianz Asia Pacific’s steadfast commitment to gender equality, inclusion, and diversity, the official launch of #SHEsecures took place on Tuesday, 25 June 2024.

#Shesecures - Group Photo
#Shesecures – Group Photo

This initiative aims to create an inclusive and collaborative work environment, addressing the unique challenges faced by women in the highly competitive and complex field of insurance distribution. Allianz will provide specially designed training and educational support, enhanced networking opportunities, tailored product offerings, productivity enhancement tools, and much more as a part of this endeavour.

This comprehensive suite of resources aims to empower women in the insurance industry, enabling them to excel in their roles and drive positive change within the sector.

To celebrate the launch of #SHEsecures, 60 inspirational women representatives from Allianz’s tied agency distribution in Indonesia, Malaysia, and Thailand gathered at The Singapore EDITION hotel to commemorate the special launch.

During the event, Allianz highlighted the extraordinary contributions of women in insurance distribution.

Against the backdrop of fast-growing markets in Asia,

* 59% of Allianz’s agency leaders and agents are women, contributing 65% to the total yearly annualised premium.

* 70% of Allianz’s Million Dollar Roundtable (MDRT) qualifiers were women, underscoring their significant dedication to professionalism.

These remarkable individuals play a crucial role in protecting millions of families and providing financial freedom to policyholders and customers.

Anusha Thavarajah, Regional Chief Executive Officer of Allianz Asia Pacific, stated:

“#SHEsecures is a pioneering initiative in the financial advisory industry. We are excited to offer this platform, which will enable our agents agency leaders and employees to thrive both professionally and personally. By fostering an environment of shared learning and experiences, #SHEsecures will help them achieve their highest potential and build a more resilient and diverse society.”

Mohit Bahoria, Regional Chief Agency, Strategy, Marketing & Digital Officer of Allianz Asia Pacific, commented:

“At Allianz, our dedication to empowering our agents and agency leaders with the #SHEsecures initiative demonstrates our commitment to developing and nurturing talent in the organisation. We are committed to providing them with a variety of resources and actively engaging our participants through specialised workshops, advanced training and leadership development programs, dedicated mentorship, and coaching to equip our team with the necessary tools and support to achieve career excellence. Our aim is to nurture an inclusive workplace where every voice is heard and valued equally. Allianz Asia Pacific will continue to invest in our agency distribution representatives, offering the support needed to develop best-in-class financial advisory skills and deliver exceptional service to our customers.”
Hashtag: #SHEsecures #Allianz

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