An ethnic group girl walks happily in the rice field. (Photo: Jclao)
In the 2024 global happiness report, Laos has slid down to the 94th position among more than 140 countries worldwide, marking a decline of 5 places compared to the previous year. This drop reflects the nation’s recent challenges, particularly in the realms of economic stability and quality of life.
On a global scale, Finland retains its title as the happiest place on Earth, while Afghanistan is once again at the bottom of the list in the World Happiness Report.
This marks the 12th year of publication of the UN-sponsored report, which gathers evaluations of happiness from tens of thousands of individuals alongside economic and social data. The assessment assigns a happiness score ranging from zero to 10 based on an average score over a three-year timeframe.
Laos obtained a score of 5.13 out of 10, while Finland, the happiest country, scored 7.74, and Afghanistan, the unhappiest country, received 1.72.
Analysis of happiness among different age groups reveals concerning trends. Laos ranks 104th for individuals under the age of 30, signaling lower happiness levels among younger generations compared to older individuals, who were ranked 78th. This indicates that younger generations are generally less happy than older individuals.
Moreover, individuals born before 1965 generally exhibit higher happiness levels than those born after 1980, indicating a decline in happiness among Millennials over the years, while Boomers’ life satisfaction has risen as they’ve aged.
According to the report, the level of happiness reflects the average life evaluations of a nation using six main factors such as GDP per capita, healthy life expectancy, social support, freedom to make life choices, generosity, and absence of corruption.
In Laos, economic factors play a significant role in reducing overall happiness, with inflation emerging as a key concern. In February, the inflation rate spiked to 25.35 percent, up from 24.44 percent the previous month. This rise is attributed to the depreciation of the kip, weak domestic productivity, high import values, and challenges in regulating local market prices.
Despite challenges, the Lao central bank and government have assured to address the issue, aiming to reduce this rate by 9 percent in 2024.
As happiness rankings decline, urgent action is needed to tackle issues impacting people’s livelihoods, particularly economic challenges and quality of life.
Organized by Echolade, a brand of Pulse Radar Limited
Recognizing outstanding companies
HONG KONG SAR – Media OutReach Newswire – 26 March 2024 – Organized by Echolade, a brand of Pulse Radar Limited, the Asia Pacific Enterprise Achievement Award 2024 (APEA Award 2024) Presentation Ceremony was successfully held on 21 March 2024 at the Marco Polo Hong Kong Hotel. The event celebrated the remarkable contributions and accomplishments of companies and organizations from various industries, and was attended by representatives of the award winners and distinguished VIP guests.
APEA Award 2024 highlights
Asia Pacific Enterprise Achievement Award 2024 (APEA Award 2024)
Organized by Echolade, a brand of Pulse Radar Limited, the Asia Pacific Enterprise Achievement Award aims to encourage outstanding businesses and community leaders across different sectors to uphold their innovative spirit and steer their industries forward through top-notch products and services. It also provides an opportunity to showcase to the public the business acumen of local entrepreneurs and their continuous commitment to the community, all while acknowledging their endeavours and achievements.
This year’s APEA Award garnered an overwhelming response from a diverse range of industries, such as asset management, real estate, investment, insurance, accounting, legal, Web3 and digital assets, healthcare and beauty, construction, manufacturing, trade, education, food and beverage, marketing, creative media, language services, human resources, ESG, retail and travel. A total of 13 companies were selected as winners from a pool of numerous participating organizations by a panel of professional judges with an emphasis on “Corporate Management and Administration”, “Creativity In Products and Services”, and “Environmental, Social and Governance (ESG)”. The award recognizes Hong Kong and APAC corporations that have made commendable contributions to Hong Kong amid a challenging economic environment, affirming their accomplishments. To elevate the grandeur of the occasion, Mr Jude Chow, Deputy Chairman of Federation of Hong Kong Industry (FHKI) and Founder & CEO of AEL (International Holdings) Limited, was invited to be the guest of honour at the award ceremony. The event was also supported by Platinum Sponsor – Mergon Creative Limited.
Winners of the Asia Pacific Enterprise Achievement Award 2024 (in alphabetical order)
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Pulse Radar Limited and Echolade
With over a decade of industry experience, Pulse Radar Limited is a Hong Kong-based public relations and media company. It was founded by seasoned marketing and media professionals who aim to provide an online and offline marketing and promotional platform for SMEs and start-ups in Hong Kong. Pulse Radar appreciates and acknowledges the entrepreneurial spirit of local business leaders and their long-standing commitment to the community.
With this in mind, Pulse Radar launched Echolade and the Enterprise Achievement Award to share the inspiring stories of businesspeople with every Hong Kong citizen, thereby promoting their entrepreneurial journey and fostering their business development. In line with the post-pandemic business landscape, the Echolade Award aims to facilitate knowledge sharing across all business sectors and provide inspiration for everyone. Echolade regularly organizes large-scale events, including award ceremonies and business leader meetings, to honour outstanding enterprises. This platform enables individuals from different backgrounds to network and explore business opportunities.
TELESIN Innovates Photography Accessories, Awaits Trade Opportunities at AsiaWorld-Expo, Hall 7
HONG KONG SAR – Media OutReach Newswire – 26 March 2024 – TELESIN, a leading manufacturer of professional photography accessories based in China, is gearing up to participate in the Global Sources Consumer Electronics Exhibition in Hong Kong from April 11th to 14th, 2024. With nearly a decade of experience specializing in accessories for action cameras such as GoPro, DJI, and Insta360, TELESIN is now poised to unveil its latest products, including the innovative magnetic neck mount for smartphones, which has been generating significant buzz on social media platforms.
The exhibition will be held at AsiaWorld-Expo, Hall 7, with TELESIN occupying booth number 7S11. Don’t miss the opportunity to explore TELESIN’s cutting-edge photography accessories firsthand and discover more trade opportunities in the rapidly evolving consumer electronics market.
TELESIN Revolutionizes Photography: Enduro Battery & Magnetic Neck Mount
1. Enduro Battery Series: Durable Performance, Reliable Power
For photography enthusiasts, the endurance of batteries, charging speed, and usability in extreme weather conditions are paramount. TELESIN, a leading innovator in camera accessories, bridges the gap between affordability and functionality with its Enduro Battery series.
TELESIN’s Enduro Battery series stands out as one of the market’s best-sellers, offering superior performance compared to standard batteries. With comparable longevity to the original Enduro battery, it boasts the ability to start reliably even in low-temperature environments and supports fast charging. Providing stable and enduring power supply, it empowers users to capture more spectacular moments effortlessly.
The Enduro battery series boasts remarkable features:
– Long-Lasting Performance: Matches original battery endurance, providing continuous power for extended periods: – 45 minutes at 4K120FPS – 60 minutes at 4K60FPS – 100 minutes at 108030FPS – Extends usage by 96% compared to standard batteries. – Cold Weather Ready: Instant power-on in temperatures from -20°C to -60°C, ensuring seamless shooting in diverse conditions. – Fast Charging Compatibility: Supports fast charging for quick replenishment: – Fully charged in 85 minutes with TELESIN’s fast charger – 90 minutes with a Hero camera – Completes charging in only 150 minutes with TELESIN’s pocket charger
TELESIN’s Enduro Battery series and Fast Charging Case redefine action camera capabilities, delivering unmatched performance and reliability for photography enthusiasts in any setting.
2. Magnetic Neck Mount for Phones: Convenience Meets Versatility
In the era dominated by social media, meeting the audience’s demand for first-person perspective content has become paramount. Catering to the needs of vloggers, artists, and riders alike, TELESIN introduces its latest innovation, the Magnetic Neck Mount for Phones, revolutionizing the way content is captured and shared.
The Magnetic Neck Mount for Phones from TELESIN has quickly garnered immense attention in the market, sparking over ten million discussions on social media platforms. This innovative accessory offers a plethora of features designed to enhance the content creation experience:
– Quick Release: Simplify operations with easy magnetic attachment. – Strong Magnetic Disassembly: Fearlessly shoot with 12 powerful aluminum magnets for secure hold. – Adjustable Angles: Capture versatile shots effortlessly with portrait, landscape, overhead, and low-angle modes. – Durable Construction: Triple-layer design ensures flexibility and durability. – Wide Compatibility: Compatible with various phone models including iPhone, Samsung, LG, Motorola, and so on. Beyond our featured products, our booth will also showcase and offer for sale hot-selling items such as magnetic selfie sticks and sports neck mounts, catering to the needs of both action camera and mobile photography enthusiasts.
Our dedicated team will be available throughout the event to provide live demonstrations, address inquiries, and offer assistance. Seize the chance to explore the newest innovations in mobile device accessories firsthand!
Exhibition Specific Address: Location: AsiaWorld-Expo, Hall 7, Hong Kong TELESIN Booth Number: 7S11
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About TELESIN
Founded in 2003 in Shenzhen, TELESIN has emerged as a prominent leader in photography innovation. As a high-tech enterprise integrating research, design, production, and sales, TELESIN has been at the forefront of creative image innovation. Recognized as a distinguished 2022 Shenzhen New SME, TELESIN continues to push boundaries. With a global presence in over 200 countries and regions, TELESIN’s proprietary brand has gained widespread recognition. Over the past decade, the company has remained dedicated to its mission of serving video creators worldwide and enhancing sharing experiences. By prioritizing user-centered design principles, TELESIN ensures its products meet the diverse recording needs across various scenarios. Beyond its own brand offerings, TELESIN has become a trusted supplier to industry leaders like DJI and Insta360, providing 14 official accessories to DJI and 27 to Insta360. This solidifies TELESIN’s position in the global sports camera accessories market. Strategic partnerships with leading Chinese action camera brands such as SJCAM, AKASO, KANDAO, and Mology have further expanded TELESIN’s reach and influence in the industry.
Furthermore, TELESIN isn’t just deeply rooted in the realm of creating action camera videos; it also stands as a global pioneer in the field of smartphone imaging. As one of the frontrunners in the smartphone imaging domain, TELESIN provides enthusiasts with professional and engaging peripheral products. Their innovative offerings cater to the diverse needs of smartphone imaging enthusiasts, solidifying TELESIN’s position as a leader in this burgeoning field.
Continuing its mission of empowering video creation, TELESIN remains focused on keeping pace with the evolving trends in video expression. With aspirations to serve a significant portion of the world’s video creators and facilitate millions of video shares, the company is dedicated to enabling active engagement in content creation and sharing among users worldwide. For more information: https://www.telesin-store.com/
New award categories in Civil Project to recognise local infrastructure teams and experts
HONG KONG SAR – Media OutReach Newswire – 26 March 2024 – Organised by The Hong Kong Institute of Construction Managers (“HKICM”), the biennial 5th “Construction Management Awards 2024” (CMA) is open for nomination until 7 June 2024. In additional to conventional award categories in building projects, CMA this year has introduced new categories in Civil Projects to recognise teams and individuals who have made outstanding contributions to all kinds of local infrastructure civil works and projects.
Since its inauguration in 2015, CMA has been driving the development of professionalism in the industry and attracting newcomers through recognising professionals from the wider industry such as construction managers, site managers and engineers. It has received overwhelming attention and attracted high quality submissions from contesting parties. In its fifth edition this year, CMA has raised its bar again with the aim of pushing the boundaries of industry experts and standards.
New categories in civil in response to trends in local development Based on government predictions, the total expenses on construction works in the next few years by public and private sectors will reach HKD300 billion p.a., indicating a strong demand in manpower and volume. Construction Management Awards 2024 has introduced new team and individual award categories in civil projects to recognise the contributions by professional experts and encourage the sharing of best practices and knowledge. These categories accept nominations from all kinds of civil projects, including public works and all infrastructure construction, with a total contract value of over HKD200 billion to reflect project complexity and exceptional requirements.
Awards evolve with time to help Hong Kong construction industry raise its standard The Excellent Construction Team Award has earned extensive regards from the industry over the past few CMA editions. In this edition the Award will focus on building projects with a contract value of over HKD200 billion to reflect the needs of local urban development in the next few years.
Cr Terence MANG, President of Hong Kong Institute of Construction Managers mentions, “The Government’s enthusiasm in launching various urban development and infrastructure projects means that Hong Kong will kick off different kinds of works projects in the very near future. Through these awards, HKICM recognises outstanding professionals and management teams who have played key roles in the construction industry, thereby raising the overall standard of the industry and increasing the visibility of construction professionals, which ultimately attracts more talents to drive the long-term development of Hong Kong.”
Key dates
Date
Item
20 March 2024 (Wednesday)
Open for nomination
7 June 2024 (Friday) 5pm
Nomination close
17 August 2024 (Saturday) and 24 August 2024 (Saturday)
Team presentation to the jury panel
Mid-September 2024
Finalist announcement
18 November 2024 (Monday)
HKICM 27th Anniversary Dinner cum Construction Management Awards 2024 Presentation Ceremony
Award Categories The Construction Management Awards 2024 is now open for nominations to the following individual and team categories.
Excellent Construction Team Award – Civil Project
Contract value of nominated projects must exceed HKD200 billion
Nominated teams are required to enroll in all the following six individual categories (A to F)
Only one Grand Award will be presented in each category. Other shortlisted projects will be presented with Distinction / Merits.
Individual award categories open for nomination:
Construction Manager Award
Site Manager Award
Technical Manager
Engineer Award
EHS Officer Award
Construction Supervisor Award
Excellent Construction Team Award – Building Project
Contract value of nominated projects must exceed HKD200 billion
Nominated teams are required to enroll in all the following five individual categories (A to E)
Only one Grand Award will be presented in each category. Other shortlisted projects will be presented with Distinction / Merits.
Individual award categories open for nomination:
Construction Manager Award
Site Manager Award
Engineer Award
EHS Officer Award
Construction Supervisor Award
Young Construction Manager Award
Young construction manager (born after 7 June 1984) who has taken a leading role in project management and has outstanding performance.
Outstanding Achievement Award
To be appointed by HKICM to honour the recipient’s contribution to the industry
Jury Panel
Head Juror – Civil Project:
Mr. Michael FONG, JP, Director of Civil Engineering & Development, Civil Engineering & Development Department
Jury Panel (in alphabetical order of surnames):
Prof Jack Cheng, Associate Head of Civil and Environmental Engineering, The Hong Kong University of Science and Technology
Mr Alex HO, Director – Industry Development, Construction Industry Council
Mr LEUNG Siu Kong, Eddie. Principal of Government Engineering/Railway Development, Government Engineering/Railway Development
MrMOK Wing Cheong, JP, Director of Drainage Services, Drainage Services Department
Ir Simon NG, Chairman of Civil Division, The Hong Kong Institution of Engineers
Prof C S Poon, Head of Department of Civil and Environmental Engineering, The Hong Kong Polytechnic University
Head Juror – Building Project:
Ms. YU Clarice, JP, Director of Buildings, Buildings Department
Jury Panel (in alphabetical order of surnames):
Mr CHONG Kin Lit Paul, BBS, MH, Life President, The Hong Kong Federation of Electrical and Mechanical Contractors Limited
Sr Eddie LAM, MH, President, The Hong Kong Construction Association
SrRobin Leung, Senior Vice-President, The Hong Kong Institute of Surveyors
Mr LI Kiu Yin, Michael, JP, Director of Architectural Services, Architectural Services Department
Cr Terence MANG, President, The Hong Kong Institute of Construction Managers
Ir Prof Michael YAM, Head of Department of Building and Real Estate, The Hong Kong Polytechnic University
Ir Tony ZA Wai Gin, Chairman of Building Division, The Hong Kong Institution of Engineers
For more information about the award, eligibility and nomination, please visit: https://hkicm-cma.com/
Hashtag: #HKICM
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About Hong Kong Institute of Construction Managers
Established in 1997 with the sovereignty handover, Hong Kong Institute of Construction Managers (“Institute” or “HKICM”) is the only local professional institution representing the construction management profession in Hong Kong. As of 1 August 2021, the number of HKICM members reached 3,235, of which 1,211 were Corporate Members (including Fellows and Members).
Our objectives are to secure the advancement and facilitate the acquisition of knowledge and expertise which constitutes and promotes the practice of and professionalism in construction management. The works of the Institute include setting standards for professional services and performance, establishing rules of conduct, promoting Registered Construction Managers and Construction Supervisors and promulgating the recognition of professional site supervisors. We believe that all construction sites need to be managed by registered professional construction managers to ensure compliance of operation with government laws, safety and environmental protection requirements. In order to improve the professional standard of technical personnel in an orderly manner, the government needs to register and recognize the professional qualifications of site supervisors.
Vancouver, British Columbia – Newsfile Corp. – March 25, 2024 – Cassiar Jade Contracting Inc. (“Cassiar Jade”) and Glenpark Enterprises Ltd. (“Glenpark”) (together the “Companies”) today filed a notice of civil claim in BC Supreme Court, seeking monetary damages from the BC Government.
The claim arises from several Orders in Council the BC government issued under section 7 of the Environment and Land Use Act to sterilize the Companies’ mineral claims and prohibit any further exploration. This is the same section, of the same act, that the government used to shut down mining activity on part of Vancouver Island earlier this month.
“It is incredibly frustrating to have to sue our own government, after 35 years of being a pioneer in this industry and building a global market,” said Tony Ritter, President of Cassiar Jade. “I have dedicated my life to this industry and have an unblemished environmental record, so to be shut down for four years and counting is just devastating to me and the many people who worked for me.”
BC issued the Orders in Council in 2020 less than a year after the then President of the Tahltan Central Council, Mr. Chad Day, arrived at the Cassiar site in a helicopter and handed the company an “eviction notice”.
“We always had good relationships with our Indigenous friends and neighbours, and did not see this coming,” said Kristin Rosequist, President of Glenpark. “So if this is the government’s approach to reconciliation, then it is going to lose a lot of investment in BC.”
The lawsuit alleges, among other things, that the government has expropriated the Companies’ interests, harmed their businesses, and caused them to lose significant expenditures on the claims.
The Companies are represented by law firm McMillan LLP.
Greater connectivity is a goal for Laos and a goal for ASEAN. This is why the World Bank and the Government of Laos have commenced a USD 200 million project with multiple partners in northern Laos: the Southeast Asia Regional Economic Corridor and Connectivity project.
Revenue Up 31.6% Gross Profit Margin Reached Over 55% Actively Consolidates its Core Competitiveness of “EDA+IP+Design” Continued to Focus on High-end Industrial-grade Analog IC Patterned Wafer Business
HONG KONG SAR – Media OutReach Newswire – 26 March 2024 – BaTeLab Co., Ltd. (“BaTeLab” or the “Company”; stock code: 2149) announced its annual results for the year ended 31 December 2023. Revenue amounted to approximately RMB 464 million, up by 31.6% year on year. Profit for the year exceeded RMB100 million for the first time. Gross profit margin reached over 55%.
In 2023, the integrated circuit (“IC”) industry entered the development stage of “total volume remains stable, structural optimization” with China’s import substitution trending increasingly. Benefited by the launch of new products in the industrial category and the strong growth in demand for applications in the new energy sector, BaTeLab continued to enhance its core competitiveness in products, business and technology and maintained a fast growth in its results performance.
2023 is the first year of successful listing of BaTeLab’s H shares on the Stock Exchange. During the reporting period, the Company continued to carry out research and development activities and has made further breakthroughs in key technologies such as high common-mode rejection ratio, low noise, and low out-of-phase currents. Relying on its own EDA software, the Company has accumulated more than 400 IP modules covering 12 core functions of analog IC design and applicable to 9 core process technologies. The Company has established 9 integrated technology platforms suitable for the whole process from process to independent R&D through extensive business cooperation. High-voltage and high-current products have successfully entered into major new fields such as thermal management of new energy vehicles and current sensors.
The Company has products with either broad applicability or high precision and low power consumption researched and developed by nine technology platforms, and has achieved substantial revenue growth during the reporting period. Of which, H770 platform, which specializes in the research and development of high-voltage and high-current products, has the most outstanding performance in terms of annual sales and the number of new products, with more than RMB100 million in revenue and nearly 30 new product launch for the year ended 31 December 2023, respectively. The T006 platform, which features low power consumption, high-precision analog signal processing, showed significant annual revenue growth of over 80% for the year ended 31 December 2023 compared to that of 2022. With the advantages of multi-functional support and high performance, C140 platform products recorded a gross profit margin of approximately 60% for the year ended 31 December 2023, receiving favorable market feedback.
In 2024, the Company will continue to consolidate and enhance the technical advantages of “EDA+IP+design” and optimize the chip design process; to leverage its integrated technology platform to promote the in-depth integration of product design and production technology; to strengthen its competitiveness of stable supply chain channels; to expand the scope of diverse terminal applications in various fields such as industry, automobiles, communications, etc.; to enlarge its industry influence and market share; to consolidate the advantages of talent training; to establish a talent team with strong research and development capabilities, so as to bring sustainable and long-term development benefits to the company and shareholders.
Hashtag: #BaTeLab
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About BaTeLab
BaTeLab is one of the analog IC patterned wafer providers with a prominent market position in China, focusing on the research and development and sales of analog IC products, design in proprietary EDA software tools and reusable IP library to enable chip efficiency. Currently, the Company has formed a product system with a focus on industrial-grade analog IC products. The Company’s products can widely empower various application areas such as automotive electronics, healthcare, industrial automation, industrial Internet of Things, industrial lighting, instrumentation, communications, power, energy storage and consumer electronics.
Convenient PIX payments via Unlimit will enable GetApps to serve millions of potential customers
LONDON, UK – Media OutReach Newswire– 26 March 2024 – Unlimit, a leading global fintech company, today announced it has partnered with Xiaomi, one of the world’s leading consumer electronics and smart manufacturing companies, to strengthen the expansion of Xiaomi’s GetApps, the company’s app distribution platform for international markets in Brazil. By providing PIX, Unlimit will greatly simplify the payment process for GetApps’ local customers, and support GetApps’ development goals in the region.
Unlimit’s powerful proprietary payments infrastructure, global acquiring capabilities, and portfolio of over 1,000 directly integrated payment methods, made the company a great fit for GetApps ambitious LATAM expansion plans. The platform will now accept PIX, one of Brazil’s most popular payment methods, expanding its reach to millions of potential customers.
GetApps, owned by the International Internet Business Department of Xiaomi, is Xiaomi’s official app store for its international market, which operates in over 90 markets and connects developers with millions of users in the most lucrative regions. Unlimit is a global, award-winning all-in-one fintech offering advanced payment capabilities to businesses worldwide, with 16 offices across four continents. Their mission is to eliminate financial borders and help businesses grow globally.
Unlimit will continue to support GetApps with additional payment capabilities, enabling them to further solidify their foothold in the Latin American market.
Commenting on the expansion, Irene Skrynova, Chief Customer Officer, at Unlimit said:
“We are honoured to be a part of this exciting journey together with Xiaomi’s GetApps and to support them on this strategically important next step focused on strengthening its presence in LATAM. For more than 15 years our main focus has always been the provision of world-class payment solutions, that seamlessly support our customers in their local and cross-border expansions, guaranteeing a truly “borderless” approach to payments. We are certain that our partnership will help to further unveil GetApps’ potential in the region, by delivering a stable, smooth and diverse payment experience to the end users.” Hashtag: #Fintech #payment
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About Unlimit
Founded in 2009, Unlimit is a global fintech company that offers a large portfolio of financial services, including payment processing, banking as a service (BaaS), and an on-ramp fiat solution for crypto, DeFi, and GameFi. The company’s mission is to deliver solutions that eliminate financial borders, enabling businesses to operate both locally and internationally with ease across Europe, the UK, LatAm, APAC, India, and Africa. Unlimit has 500 employees across 16 offices and five continents, including London, Frankfurt, Singapore, São Paulo, Hong Kong SAR, and Mexico. For further information, please visit: https://www.unlimit.com/.
About Xiaomi Corporation
Xiaomi Corporation was founded in April 2010 and listed on the Main Board of the Hong Kong Stock Exchange on July 9, 2018. Xiaomi is a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an IoT platform at its core.
Embracing our vision of “Make friends with users and be the coolest company in the users’ hearts”, Xiaomi continuously pursues innovations, high-quality user experience and operational efficiency. The company relentlessly builds amazing products with honest prices to let everyone in the world enjoy a better life through innovative technology.
Xiaomi is one of the world’s leading smartphone companies. In September 2023, MAU of MIUI reaching approximately 623 million globally. The company has also established the world’s leading consumer AIoT (AI+IoT) platform, reached approximately 699 million smart devices connected to its platform (excluding smartphones, laptops and tablets) as of September 30, 2023. Xiaomi products are present in more than 100 countries and regions around the world. In August 2023, Xiaomi was included in the Fortune Global 500 list for the fifth year in a row, ranking 360th.
Xiaomi is a constituent of the Hang Seng Index, Hang Seng China Enterprises Index, Hang Seng TECH Index and Hang Seng China 50 Index.
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