HONG KONG SAR – Media Outreach – 21 February 2023 – Kerry Logistics Network Limited (‘Kerry Logistics Network’, ‘KLN’; Stock Code 0636.HK) is proud to receive the Silver Award in the Transport and Logistics category at the Hong Kong Awards for Environmental Excellence 2021 (the ‘Awards’) for its outstanding green leadership, effective environmental programmes and efforts in encouraging its partners to implement environmental management measures together.
The Silver Award specifically acknowledged the commitment of KLN’s management in driving internal green culture, the environmental measures undertaken within and beyond the Company, its successful environmental initiatives and regulatory compliance, as well as how it motivates its suppliers, customers and business partners to establish their own environmental programmes.
William Ma, Group Managing Director of Kerry Logistics Network, said, “We are very pleased and honoured to receive such a great recognition for our green corporate culture and environmentally sound business practices. While we appreciate the honour, we continue to see room for improvement, as we remain fully committed to our pledge of achieving net zero emissions by 2050. To go one step further, we strive to integrate sustainability deep into our strategy, while participating as a signatory to the UN Global Compact initiative and exploring opportunities to contribute to the UN Sustainable Development Goals. Looking ahead, we will continue to innovate and foster sustainable logistics solutions in order to create greater value for our stakeholders and the communities in which we operate.”
The Awards are led by the Environmental Campaign Committee alongside the Environment and Ecology Bureau and in conjunction with nine organisations, with the aim of encouraging businesses in Hong Kong to adopt green management practices, evaluating their performance, and commending the best-performing companies and organisations in their respective sectors.
Hashtag: #KerryLogisticsNetwork
The issuer is solely responsible for the content of this announcement.
Kerry Logistics Network Limited
Kerry Logistics Network is an Asia-based, global 3PL with a highly diversified business portfolio and the strongest coverage in Asia. It offers a broad range of supply chain solutions from integrated logistics, international freight forwarding (air, ocean, road, rail and multimodal), e-commerce and express to industrial project logistics and infrastructure investment.
With a global presence across 59 countries and territories, Kerry Logistics Network has established a solid foothold in half of the world’s emerging markets. Its diverse infrastructure, extensive coverage in international gateways and local expertise span across the Mainland of China, India, Southeast Asia, the CIS, Middle East, LATAM and other locations.
Kerry Logistics Network generated a revenue of over HK$81 billion in 2021 and is the largest international logistics company listed on the Hong Kong Stock Exchange as well as a constituent of the Hang Seng Corporate Sustainability Benchmark Index.
The Hong Kong Awards for Environmental Excellence
The Hong Kong Awards for Environmental Excellence (the HKAEE) is led by the Environmental Campaign Committee, together with the Environmental and Ecology Bureau and in conjunction with nine organisations, in alphabetical order, the Advisory Council on the Environment, the Business Environment Council, the Chinese General Chamber of Commerce, the Chinese Manufacturers’ Association of Hong Kong, the Federation of Hong Kong Industries, the Hong Kong Chinese Importers’ & Exporters’ Association, the Hong Kong Council of Social Service, the Hong Kong General Chamber of Commerce and the Hong Kong Productivity Council. The HKAEE aims to encourage businesses and organisations to implement environmental managements; measure organisations’ performance and their commitment to environmental management within the industry; and recognise organisations with excellent performance on environmental management.
A boat ride at Nam ET-Phou Louey park (photo: explore-laos)
Condé Nast Traveler published an article last week on the ten best night safaris in the world, and Laos was the only country from Southeast Asia that made it to the list.
A pile of ice (photo: ໂຮງງານພູຂຽວ ນ້ຳກ້ອນ-ນ້ຳດື່ມ)
As rampant inflation continues to increase the cost of living in Laos, the Vientiane Ice Association has announced an increase in the price of ice across the city.
50th anniversary celebrations include F&B and hotel accommodation giveaways
HONG KONG SAR – Media OutReach – 21 February 2023 – Tai Sang Land Development Limited (Tai Sang Land; Stock Code: 89, Listed on The Stock Exchange of Hong Kong Limited) today celebrates its 50th anniversary as a listed company. Tai Sang Land has sailed through the peaks and troughs alongside Hong Kong for over half a century. In honour of its Golden Jubilee and many more fruitful years to come, the Company is launching a series of giveaways for Hong Kong residents to enjoy free drinks and stays at the Arca hotel in Wong Chuk Hang.
Rooted in Hong Kong; devoted to Hong Kong
Deeply rooted in Hong Kong for over 50 years, Tai Sang Land strongly values stability while also seeking to excel by making proactive changes. It continuously endeavours to develop a wide variety of quality property projects and services, advancing together with the economy of Hong Kong. “Tai Sang Land Development Limited” was founded by the late Mr. Ma Kam Chan, and its shares were listed on the Far East Exchange Limited and the Kam Ngan Stock Exchange Limited with a net asset value of approximately HK$160 million on 21st February 1973.
As the Hong Kong economy took off in the 1970s and 1980s, property demand also skyrocketed. Tai Sang Land developed an array of residential, industrial and warehouse, and commercial properties in the districts of North Point, Sai Wan, Aberdeen, Stanley, Kwun Tong and Kwai Chung, etc. Tai Sang Land also expanded into such other businesses as insurance and, in particular, because manufacturing and trading were the pillars of the Hong Kong economy at the time, Tai Sang Land also aggressively expanded into warehousing services, with a network occupying over 1 million square feet of warehouse space to cover the whole territory, and became the single largest operator of warehousing services at the time. Expanding into the international market, in the mid-1980s Tai Sang Land also built Montgomery Plaza, a high-rise office tower constructed atop a historical landmark in San Francisco, California, USA.
Striving for excellence through diversifying business streams
As the economy of Hong Kong gradually moved from manufacturing towards commercialisation in the late 1980s and 1990s, Tai Sang Land also shifted its strategies. Apart from purchasing residential land plots on The Peak, developing a composite building in Sai Wan and a luxury residential project, Floral Villas, in Sai Kung; as well as an industrial building in Shatin for sale and for leasing purposes, the Company gradually moved its strategy towards investment properties, and has amalgamated a quality property portfolio comprising residential, commercial, offices, warehouses and industrial properties as long-term holdings. Towards the end of the 1990s and end of the millennium, the Company progressively optimised and renovated its investment properties in order to enhance values. It carried out a substantial enhancement project for Tai Sang Container and Godown Centre in 2012 and rebranded it as Gateway ts, successfully transforming the property into a mixed-use building to attract professional and high-quality tenants.
Hong Kong’s tourism industry stepped into its golden age in 2004-2014, when the number of inbound visitors ballooned from some 21.8 million in 2004 to 60.83 million per annum in 2014. Riding on this momentum and the accelerated market demand, Tai Sang Land expanded into the hospitality industry with some floors of Hollywood Centre in Sheung Wan as its first hotel project, putting it into service in 2011. In order to reposition itself in the hospitality field, Tai Sang Land established Yulan Group Limited to provide a new standard in modern hospitality. Since 2019, Yulan Group has completed another enhancement project for the hotel at Hollywood Centre and rebranded it as the Figo in 2020, and also developed the Arca in 2021, by demolishing an industrial building, as a reflection of its service diversification and continual advancement.
Mr William Ma, Chairman and Chief Executive of Tai Sang Land Development Limited, said: “Upholding our determination to pursue excellence amidst steady growth, Tai Sang Land has walked hand-in-hand with Hong Kong for over 50 years, with its net worth rising 55 times over the years (to HK$9.03 billion as of 30th June 2022). Looking ahead, we are fully optimistic about the future of Hong Kong and Hong Kong will remain “Home” for Tai Sang Land. There will be many mega infrastructure development schemes coming up in Hong Kong. We will remain dedicated to exploring business opportunities, and we will stand strong in delivering exceptional service to exceed expectations, to cater to the ever-changing market demand, and to uphold and enhance values.”
Free giveaways to celebrate the Golden Jubilee with Hongkongers
To celebrate Tai Sang Land’s Golden Jubilee and its shared history with Hong Kong of over 50 years, the Arca is running a giveaway of hotel packages and beverages.
Promotion 1 – Giveaway of 500 Happy Hour beverages
Starting from 26th February 2023, the first 250 customers registering on this website will get 2 beverages for free. Customers can redeem any beverage on the Happy Hour menu in Arca Society on the following dates: 9th, 16th, 23th or 30th March.
Terms & conditions:
Customer can redeem the beverage from 3-8pm
Each customer is limited to redeeming 2 beverages in one go
Promotion is limited to the first 250 customers only and is available on a first come first served basis
The Arca reserves the right of revision on all terms and conditions. Program is subject to change without prior notice.
Employees of Tai Sang Land Development Limited and immediate family members shall not be entitled for the promotion
In case of disputes, the Arca reserves the right of final decision.
Promotion 2 – Giveaway of the Arca sea-view room x 1 night
Starting from 26th February 2023, the first 50 customers registering on this website will get an one-night stay at Sea Signature Room with complimentary breakfast for 2. Customers can redeem the promotion within 3 months.
Terms & conditions:
Each eligible customer can only redeem the promotion once
Promotion is limited to the first 50 customers only and is available on a first come first served basis
The Arca reserves the right of revision on all terms and conditions. Program is subject to change without prior notice.
Employees of Tai Sang Land Development Limited and immediate family members shall not be entitled for the promotion
In case of disputes, the Arca reserves the right of final decision.
The issuer is solely responsible for the content of this announcement.
About Tai Sang Land Development Limited
Tai Sang Land Development Limited (Stock Code: 89, Listed on The Stock Exchange of Hong Kong Limited) is a limited liability company incorporated in Hong Kong. Main business operations involve asset investment, property leasing and development, property management and property agency, and hospitality operations.
At Tai Sang Land, we value tradition and appreciate change; we embrace progress and strive for excellence by proactively and continuously improving. We are committed to developing and enhancing our property portfolio to cater to the demands of the ever-changing property market and to upholding and uplifting our values.
HONG KONG SAR – Media OutReach – 21 February 2023 – The Chartered Association of Building Engineers’ (CABE), has held its inaugural Conference for Asia Pacific Region in Hong Kong. Hosted at the New Millennium Hotel and live on Zoom on 17 February 2023.
The theme for the conference was Constructing our Future and as we emerge from the pandemic it is essential that we turn our attention to the future. The construction industry is evolving so quickly, and whilst this presents many opportunities, it also presents many challenges.
Our esteemed speakers Ar. Donald CHOI, Executive Director and CEO at Chinachem Group, Ir. Professor Thomas CHAN, Executive Director at WSP (Asia) Limited, Dr. Raymond YAU, General Manager, Technical Services & Sustainable Development at Swire Properties Limited, Mr. Victor TAI JP , Under Secretary for Housing at HKSAR Government and Ms. Clarice YU JP , Director of Buildings at HKSAR Government, identified and explored the challenges and presented future solutions and innovations. Sharing their expertise and technical knowledge with the audience they provided information that can be used to implement the necessary changes that will have a real benefit to projects, buildings and buildings users lives.
One of the biggest challenges in the construction industry is its aging workforce– over 40% of those working in the construction industry in Hong Kong are over 55 – and it was acknowledged that we need to do more to encourage young people into the industry, it is an exciting industry, an industry that is embracing modern methods of construction, new technologies and new innovation, but young people are failing to recognise just how exciting the industry is and dismissing it as a career.
It is time to change, and some of this change will come from new, innovative digital technologies – AI, BIM, drones, robotics, computer simulation tools – and as professionals we need to continue to embrace this technology. These opportunities to create a modern culture for the industry, tools that will facilitate modern decision-making, drive efficiencies, improve safety structures and introduce news methods of working will change the face of the construction industry. and digital evolution is now a must to ensure the continual success of the sector.
The speakers explored the opportunities to decarbonise commercial buildings. Looking at how to implement net zero carbon projects into the industry and how to record robust construction data that allows you to identify consumption, to benchmark and compare usage and to identify trends. The audience was reminded that it is only when we can understand what the data is telling us that we can make effective and informed decisions allowing us to create smart energy management platforms and climate resilient designs for all new development projects.
Design for Well Being in public housing was explored in detail. With proven evidence that demonstrates that when you consider the wellness of the building inhabitants you can enrich people’s living standards. This should now be a critical consideration in the design of future buildings and is a key focus for CABE and its members.
The future of the construction industry is dependent on professionals collaborating, sharing knowledge and discussing solutions. Collaboration is a key part of CABE’s values, and we encourage professionals throughout the industry to embrace as many opportunities to come together – to discover more, to learn more. It is only by collaboration that members and professionals will adapt to the needs of the industry and build a better future for everyone.
Our thanks go to our sponsors Wanson Construction Company Limited, Pruden, S K K (HK) Co Ltd, Shinny Performance Training Centre, and KYSS Properties Limited for their support in delivering this successful conference and gala dinner.
The issuer is solely responsible for the content of this announcement.
Notes to Editors:
Chartered Association of Building Engineers (CABE) is a unifying voice within the construction sector.
As a professional body we bring together members, who work across the life-cycle of the built environment specialising across a wide range of disciplines. CABE shares knowledge, raises standards, and develops professionals, enabling them to meet the highest standards we all expect of them.
By supporting our members CABE improves collaboration and competency ensuring that building meet our essential human needs, today and tomorrow.
In 2020, CABE opened its first international office in Hong Kong. The Asia Pacific Office strengthens the links between CABE HQ and members in the region. Dedicated staff provide exceptional service in the region to improve collaboration, raise competency, and ensure that buildings meet our essential needs.
Artist's impression of the planned Mekong Intercontinental Hotel in Khong District, Champasack.
The Sithandon Special Economic Zone has begun construction of a hotel complex shaped like a giant khaen in Champasack’s Khong District at the four thousand islands.
