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Flooding Severely Damages Irrigation Systems Across Laos

Flooding Severely Damages Irrigation Systems Across Laos
Severe flooding from July to September has damaged over 300 irrigation systems across Laos, impacting agricultural lands and delaying preparations for the dry season. (photo credit: LNR)

Recent flooding from July to September has heavily impacted Laos’ irrigation infrastructure, damaging 300 projects across 12 provinces and affecting nearly 15,000 hectares of agricultural land.

Vinpearl woos Indian luxury travelers with strategic two-pronged focus


HANOI, VIETNAM – Media OutReach Newswire – 31 October 2024 – Vietnam, with its rich cultural heritage and stunning natural beauty, has become an increasingly attractive destination for Indian travelers. Vinpearl’s focus on luxury wedding tourism and high-end MICE services has further enhanced the appeal of the country to this growing market.

Vinpearl Resort & Spa Ha Long
Vinpearl Resort & Spa Ha Long

Over the past decade, Vietnam has emerged as a prime travel destination for Indian tourists, offering a captivating blend of scenic beauty and a rapidly expanding luxury tourism market. At the forefront of this movement is Vinpearl, a premier resort brand catering to high-end travelers with a seamless mix of local culture and modern luxury.

With strategic investments in facilities for both business and leisure, Vinpearl has positioned itself as a top choice for affluent Indian tourists seeking memorable experiences and unique destinations for milestone events like weddings and MICE (Meetings, Incentives, Conferences, and Exhibitions).

Vietnamese Brands Riding The Indian Wave

Data from Vietnam’s National Tourism Administration highlights a striking increase in interest from India, with Indian tourist arrivals rising significantly over the last decade. In 2023 alone, Vietnam welcomed over 392,000 Indian tourists—a number expected to keep climbing as global travel rebounds.

Vietnam’s appeal is clear: it offers ample infrastructure and convenient direct flights (taking just 4-5 hours), making it a highly accessible getaway for Indian tourists. From families seeking a relaxing vacation to business travelers attending conferences and events like destination weddings, the country’s diverse landscapes, temperate year-round climate, and rich cultural heritage make it a compelling choice.

Within this surge in tourism, there is a notable trend toward high-end, niche tourism services, particularly destination weddings. “This year alone, Vinpearl has hosted over ten billionaire weddings from India, and this number is projected to double by 2025,” said Ms. Ngo Thi Huong, Deputy CEO of Vinpearl. “Vietnam is fast becoming a prime destination for weddings, MICE, and golf tourism on the global stage.”

Vietnamese brands, like Vinpearl, a subsidiary of the giant Vingroup, are meeting this demand by creating custom, high-quality experiences. Recent high-profile events, such as the four-day wedding celebration of Pranay Karnawat and Sakshi Sanghvi, demonstrate this commitment.

Hosted at Vinpearl Resort & Golf Nam Hoi An, the wedding artfully blended Indian and Vietnamese cultural elements, from conical hats and lotus flowers to traditional lanterns. To further meet Indian tourists’ expectations, Vinpearl has taken special care to incorporate cultural nuances, ensuring that details like cuisine and decor are tailored to Indian preferences.

Vinpearl’s impact on positioning Vietnam as a luxury travel and event destination is undeniable. With 45 properties spread across top locations like Da Nang, Phu Quoc, Ha Long, and Ho Chi Minh City, Vinpearl offers over 18,500 rooms, upscale entertainment zones, world-class golf courses, and two wildlife conservation parks. Through these luxurious, all-in-one resort ecosystems, which integrate both local and global flavors, Vinpearl has established itself as a central player in Vietnam’s high-end tourism market.

Shaping Vietnam’s MICE Tourism

In addition to high-end leisure tourism, Vinpearl has made remarkable progress in the MICE sector. Properties like Vinpearl Nha Trang and Vinpearl Resort & Golf Nam Hoi An have earned prestigious ASEAN MICE Venue accolades, which recognize them as premier locations for international business events.

These resorts provide a comprehensive suite of services for events of all scales, from direct and online international meetings to team-building exercises and client conferences. Events can be hosted in grand auditoriums accommodating thousands or in serene settings like beachfronts and secluded gardens, offering a range of experiences for guests.

One example is Vinpearl Resort & Golf Nam Hoi An, which has become a favored destination for corporate events. Located in Vietnam’s culturally rich central region, this resort offers customizable packages that blend business and leisure seamlessly. Its Grand Ballroom, spanning 720 square meters, hosts up to 600 guests, while six modern meeting rooms and four high-end conference spaces provide ideal options for gatherings of varying sizes. After hours, guests can participate in team-building activities on the resort’s 1,300-meter beachfront or explore the adjacent VinWonders amusement park, which offers a range of interactive cultural and entertainment experiences.

Another standout property, Vinpearl Nha Trang on Hon Tre Island, provides an equally enticing venue for MICE tourism. This secluded resort ecosystem includes multiple Vinpearl hotels, an array of entertainment options at VinWonders, and Vinpearl Harbour, a world-class marina. Designed in a European palace style, the Vinpearl Convention Center can accommodate up to 2,500 guests, making it ideal for high-profile, large-scale events.

With global MICE tourism revenue projected to exceed $1.4 trillion by 2025, the World Tourism Organization has highlighted MICE as one of the most promising sectors in tourism. Recognizing this potential, Vietnam has made MICE development a strategic priority, with Vinpearl’s stronghold in MICE tourism playing an instrumental role.

Vinpearl’s dual focus on MICE and luxury wedding tourism has established it as a leader in Vietnam’s high-end hospitality sector, drawing affluent Indian travelers seeking exceptional experiences. Through its presence, Vinpearl exemplifies the future of Vietnamese hospitality, promising unique and captivating experiences to travelers from India and beyond.
Hashtag: #Vinpearl

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

MIPIM Asia Awards 2024 winners revealed

35 remarkable projects across Asia Pacific recognised


HONG KONG SAR – Media OutReach Newswire – 31 October 2024 – The MIPIM Asia 2024 Awards, widely regarded as the most prestigious honors recognizing excellence and innovation in Asia’s real estate industry, has unveiled its winners after a rigorous and thorough judging process. The winners of the coveted Gold, Silver, and Bronze awards will be announced at the highly anticipated MIPIM Asia Awards Gala Dinner to be held on December 4, marking the grand finale of the prestigious MIPIM Asia Summit 2024. Summit participants will be invited to cast their votes on site and online to determine the final ranking of the Gold, Silver and Bronze Prize winners.

The distinguished panel of 16 jurors, comprised of top executives and leading figures from the real estate industry across the Asia region, was chaired by Donald Choi, President of Hong Kong Institute of Real Estate Administrators. These industry experts dedicated significant time and expertise to carefully evaluating all the submissions covering various geographical regions, ensuring that only the most outstanding projects were shortlisted, representing the pinnacle of achievement in the real estate field. The winners reflect the best of the best, selected after thorough deliberation and consideration by this esteemed panel.

Members of the jury panel are:

  1. Donald CHOI, President, Hong Kong Institute of Real Estate Administrators
    (Hong Kong) (President of the Jury)
  2. George AGETHEN, Co-Head of Asia-Pacific, Ivanhoe Cambridge (Singapore)
  3. Henry CHENG, CEO & Executive Director, Chongbang Group (China)
  4. Stanley CHING, Senior Managing Director, Managing Partner & Head of Real Estate, CITIC Capital Holdings (Hong Kong)
  5. Chris CHOW, Senior Managing Director, LaSalle Investment Management (Hong Kong)
  6. Harvey COE, Senior Advisor, Ernst & Young (Hong Kong)
  7. Alison COOKE, Managing Director – Real Estate, Starr International Investment Advisors (Asia) Limited (Hong Kong)
  8. Christina HAU, Chief Executive Officer, Champion REIT (Hong Kong)
  9. Alexandre HERIARD-DUBREUIL, Chief Investment Officer, LCatterton Real Estate Partner (Hong Kong & London)
  10. George HONGCHOY, Executive Director & CEO, Link Asset Management Limited (Hong Kong)
  11. Nicholas J. LOUP, Group Vice Chairman, CEO Asia, Chelsfield (Hong Kong)
  12. Laurent JACQUEMIN, Head of Asia-Pacific, Real Assets, AXA IM Alts (Japan)
  13. Joseph TANG, Partner, Townsend Group (Hong Kong)
  14. Shuji TOMIKAWA, President, Mitsui Fudosan Investment Advisors, Inc. (MFIA) (Japan)
  15. Richard YUE, CEO & CIO, ARCH Capital Management Company Limited (Hong Kong)
  16. Jing ZHOU, Senior Director Alternatives and Strategic Transactions, Nuveen (Hong Kong)


The
MIPIM Asia Awards 2024 Winners are (in alphabetical order according to categories):

BEST CULTURAL, SPORTS AND EDUCATION PROJECT
GEOMETRIC WONDERZOO, Sau Mau Ping Shopping Centre (Hong Kong – China)
Jingui High School, Guicheng, Nanhai (Foshan – China)
Link Sustainability Lab (Hong Kong – China)
Shiwan China, No.7 Ceramic Art Research Base (Phase One) (Foshan – China)

BEST HOSPITALITY, TOURISM AND LEISURE PROJECT
Bauhinia Hotel & Apartments – BIPV Building in Hong Kong (Hong Kong – China)
Radisson RED Guang Zhou South Railway Station (Guangzhou – China)
TOWNPLACE West Kowloon (Hong Kong – China)

BEST MIXED-USE PROJECT
One Dojima Project (Osaka – Japan)
The Ring Chengdu (Chengdu – China)
Two Taikoo Place (Hong Kong – China)

BEST OFFICE & BUSINESS PROJECT
83 KING LAM STREET (Hong Kong – China)
KTR350 (Hong Kong – China)
The Henderson (Hong Kong – China)
TP Link Headquarters (Shenzhen – China)

BEST REFURBISHED BUILDING
Kai Tin Shopping Centre Refurbishment, Lam Tin (Hong Kong – China)
The Refurbished Nostalgia: Kin Sang Shopping Centre (Hong Kong – China)
Singapore Changi Airport Terminal 2 Expansion (Singapore)

BEST RESIDENTIAL PROJECT
Laurel at Navapark (BSD City – Indonesia)
Oukas Setagaya Sengawa (Tokyo – Japan)
Riverville (Shanghai – China)

BEST RETAIL PROJECT
Lovi Center (Xian – China)
Nanjing ifc (Nanjing – China)
Suzhou Yanlord Cangjie (Suzhou – China)

BEST SHOPPING EXPERIENCE
AIRSIDE (Hong Kong – China)
Shoppes at Londoner – The Londoner Macao (Macao SAR – China)
#URBANHOOD at Hysan Place’ (Hong Kong – China)

BEST URBAN REGENERATION PROJECT
Hong Shou Fang (Shanghai – China)
Shiwan China, Xingguang Park (Foshan – China)
Shiwan China, Hongwei Hill (Foshan – China)

BEST NEW DEVELOPMENT
Atrium Place (Gurugram – India)
Keppel South Central (Singapore)
Suzhou Central (Suzhou – China)

BEST NEW MEGA DEVELOPMENT
Huafa Snow World (Shenzhen – China)
Shanghai Duolun Road Urban Renewal (Shanghai – China)
West Bund Central (Shanghai – China)

The MIPIM Asia Summit 2024
This year’s MIPIM Asia Summit will gather C-suite executives and top leaders from over 20 countries, alongside renowned global investors. Key participants include prominent names such as APG, BEI Group, Champion REIT, Chinachem Group, PAG, Townsend Group, GIC Real Estate, and PIMCO PRIME Real Estate GMBH. The event will also feature a variety of end-user and retail representatives from global brands such as Victorinox, TUMI, Apple, Furla, Ralph Lauren, and Pfizer, making the Summit a premier platform for high-level networking and investment opportunities.

The two-day Summit will also feature engaging discussions and keynote speeches on diverse industry topics, with Wei Yao, Chief Economist for Asia-Pacific at Société Générale, delivering the opening address.

As a cornerstone of the Asia Pacific real estate calendar, the MIPIM Asia Summit continues to attract influential decision-makers and showcase the region’s most cutting-edge projects, solidifying its position as a leading platform for the property industry.

For more information about MIPIM Asia Awards 2024 Winners, please visit HERE.
For more information about the Summit and Awards, please visit mipim-asia.com.
For instant updates, please follow MIPIM: Facebook Twitter LinkedIn

Hashtag: #MIPIMAsia2024Awards

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

About MIPIM Asia Summit

MIPIM Asia Summit is the annual property leaders’ summit in Asia Pacific organised by RX France. It is the major gathering where top-level decision makers gather to explore new business partnerships and investment opportunities. It features expert-led conference sessions, premium networking accelerators and an exclusive awards gala dinner over a two-day period. Distinguished speakers, senior executives, high-level business professionals and industry experts from around the world will discuss the latest developments and prevailing trends in the property and retail industry. MIPIM – the world’s property market – is the leading and largest global property event. The four-day event takes place annually in Cannes every March. 22,500+ delegates attended in 2023 with over 2,000 Investment & Financial companies, and more than 90 different countries being represented.

About RX

is a global leader in events and exhibitions, leveraging industry expertise, data, and technology to build businesses for individuals, communities, and organisations. With a presence in 25 countries across 42 industry sectors, RX hosts approximately 350 events annually. is committed to creating an inclusive work environment for all our people. RX empowers businesses to thrive by leveraging data-driven insights and digital solutions. RX is part of RELX, a global provider of information-based analytics and decision tools for professional and business customers. For more information, visit .

creates high level, world-class and market leader meeting places, covering 15 industry sectors, including MIPIM, MAPIC, Batimat, Pollutec, EquipHotel, SITL, IFTM, Big Data & AI Paris, MIPCOM, Paris Photo, Maison&Objet*… and many more. RX France’s events take place in France, Hong Kong, Italy and Mexico. For more information, visit

*Organised by Safi, a subsidiary of RX France and Ateliers d’Art de France

About RELX

RELX is a global provider of information-based analytics and decision tools for professional and business customers. RELX serves customers in more than 180 countries and has offices in about 40 countries. It employs more than 36,000 people over 40% of whom are in North America. The shares of RELX PLC, the parent company, are traded on the London, Amsterdam and New York stock exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.

*Note: Current market capitalisation can be found at

Fashion as Cultural Diplomacy: Southeast Asia’s Presence in BRICS+ Summit

The Use of AI in Retail. BRICS+ Fashion Summit. Moscow, Russia, 05 October. (Photo: Russian Fashion Council)

In early October, while Laos was immersed in ASEAN responsibilities, the BRICS+ Fashion Summit in Moscow brought together over 80 countries, including several Southeast Asian nations. The summit spotlighted how fashion and textile traditions can drive cultural diplomacy and strengthen international ties.

With Asia’s textile market projected to hit USD 236.8 billion by 2024, ASEAN Fashion Week President Hayden Ng praised the summit as a “crucial communication platform for emerging nations, as it amplifies their voices on the global stage, fosters cross-cultural exchange, and enables collaboration in fashion innovation.”

Held alongside Moscow Fashion Week, from 3 to 5 October, the summit also aimed to highlight the rising influence of Asian designers in the global fashion scene.

A highlight of the summit was the “Heritage” exhibition, featuring cultural diversity from over 40 countries. Notable Asian brands included China’s KENSUN, which integrates traditional painting techniques into textiles, and Laos’s LeLao, which merges cultural heritage with sustainability.  Designers like Indonesia’s RAEGITAZORO and India’s NITIN BAL CHAUHAN also spotlighted the creative power of emerging economies.

Cultural Appropriation Concerns Arise with Rising Interest in Southeast Asian Textiles

However, as global interest in Southeast Asian textiles and fashion grows, so do concerns over cultural misappropriation. 

Traditional garments like the sarong, batik, and Ao dai hold deep significance, often disregarded by international brands, said Nguyen Vi Huu Canh, Head of Fashion Sector, VDAS Vietnam Design Association, and CEO of Cooper & Co., highlighting the event’s importance in enabling emerging countries to learn, access new technologies, and bolster their national brands for international competition.

“Cultural appropriation is a sensitive issue globally, including in Southeast Asia (SEA), where cultural symbols, attire, and traditions are often commercialized without acknowledging their roots,” he said. 

International Exhibition Heritage at BRICS+ Fashion Summit. Moscow, Russia. (Photo: Russian Fashion Council)

Cultural appropriation became a focal point of the summit’s discussions, with smaller nations expressing concerns over the misuse of their deeply rooted traditions. 

“There’s a real problem when cultural symbols are commercialized without recognition or respect for their roots,” Canh remarked.

A notable example is Victoria’s Secret’s 2017 runway show, which faced criticism for using Southeast Asian motifs without acknowledging their origins. Canh pointed to the inherent similarities in textile patterns across Vietnam, Laos, and Malaysia, yet cautioned that each design carries a unique cultural narrative. 

“When I randomly changed the colors of a Vietnamese pattern, it coincidentally resembled a Lao one. However, the three stories behind the patterns and garments are entirely different. I believe that the narrative conveyed behind them is what makes the difference when we talk about culture,” he explained.

ASEAN Designers Advocate for “Slow Fashion” to Preserve Cultural Integrity

In the globalized fashion industry, Southeast Asian nations increasingly advocate for ethical practices to honor their traditional patterns. Canh highlighted that cultural appropriation raises pressing issues around respect, ownership, and collaboration, pointing out that misusing cultural elements often reflects colonial patterns, where powerful groups benefit from marginalized communities without giving back.

The rapid advancement of technology, particularly AI, presents both challenges and opportunities for Southeast Asian fashion. While some worry that mass production or algorithm-driven designs could dilute cultural authenticity, others view technology as a means to preserve and innovate. For instance, Vietnamese designer Công Trí has experimented with using technology to enhance traditional hand-weaving techniques, incorporating Lanh My A, the traditional silk fabric from the craft village of Tân Châu, which is woven and dyed using a rare black fruit called ‘Mac Nua,’ to create contemporary collections.

Nguyen Huu Canh spoke more about the use of AI in retail and fashion in one of the BRICS+ panels on 5 October. 

“As AI becomes more prevalent in design, there’s a concern that these cultural patterns may lose their authenticity if mass-produced or manipulated by algorithms without understanding their historical significance,” Canh said. 

Nguyen Huu Canh, Head of Fashion Sector, VDAS Vietnam Design Association, and CEO of Cooper & Co. (Photo: Russian Fashion Council)

However, consumers are increasingly aware of the importance of sustainability and cultural integrity in fashion. Southeast Asian designers are now advocating for “slow fashion,” where technology is used not to replace tradition, but to support artisans in keeping these cultural expressions alive, the Vietnamese designer noted. 

This approach not only supports local artisans but also aligns with BRICS’ broader sustainable development goals.

Laos Seeks BRICS Membership to Bolster International Cooperation

In this context, Laos, along with other Southeast Asian nations, is leveraging cultural diplomacy to establish meaningful global partnerships. In its pursuit of BRICS membership, Laos aligns with a broader movement among developing countries aimed at joining the global market, focusing on cultural identity and modern sustainability. 

The recent BRICS summit in Kazan, held from 22-24 October, marked a crucial moment for Laos, which sought to deepen international partnerships and promote multilateral collaboration among the BRICS community.

Through platforms like BRICS, Laos and its Southeast Asian neighbors are finding ways to navigate global pressures while remaining true to their cultural roots, making fashion, among other industries, crucial diplomatic instruments for both cultural expression and economic cooperation. 

“Fashion also serves as a powerful geo-political tool in Southeast Asia. Traditional attire worn by leaders symbolized unity and cultural diversity, promoting cooperation among nations,” Canh remarked. 

Laos, Thai, Myanmar Action Plan Launched to Address Transboundary Haze

The representatives from 3 countries (Photo credit: Vientiane Mai)

On 29 October, Laos, Thailand, and Myanmar gathered to discuss action plans to tackle the yearly transboundary haze pollution issue, as well as solutions to address air pollution during the dry season.

Give the Gift of Security this Holiday Season with Arlo

Exciting promotions across Arlo’s award-winning lineup of home security solutions


SINGAPORE – Media OutReach Newswire – 31 October 2024 – This holiday season, share the gift of security with your loved ones with Arlo’s industry-leading home security solutions – from the best-in-class Arlo Ultra 2 4K Security Camera to the ever-popular Arlo Pro 5S 2K Spotlight Camera. With attractive holiday offers across their portfolio, starting with 11.11 promotions from 4–24 November, there’s no better time to see for yourself why many have trusted Arlo to protect their home.

Arlo Ultra 2 4K Security Camera

The Arlo Ultra 2 4K Security Camera is Arlo’s most advanced security camera, offering best-in-class features along with an enhanced user experience and added flexibility. It comes with cutting-edge 4K video capabilities with HDR, an ultra-wide 180-degree field of view and enhanced colour night vision to give you a crystal-clear view of your property day or night. The Arlo Ultra 2 4K Security Camera can be placed anywhere that needs the biggest, best view, be it indoor or outdoor, thanks to its award-winning wire-free design, a long-lasting 6-month rechargeable battery, and weather resistance.

Arlo Ultra 2 4K Security Camera – 2-camera bundle: SGD521 (RP: SGD769)
Arlo Ultra 2 4K Security Camera (add-on camera): SGD233 (RP: SGD389)

Arlo Pro 5S 2K Security Camera

Looking for a capable camera that can provide both outdoor and indoor surveillance? Look no further than the ever-popular Arlo Pro 5S 2K Spotlight Camera! Featuring cutting-edge capabilities such as 2K HDR video quality, a 160-degree field of view, an integrated spotlight with colour night vision and two-way audio, this versatile security camera will give you absolute peace of mind wherever you are. A successor of the award-winning Arlo Pro 4, the Pro 5S takes it to the next level with dual-band Wi-Fi support with 2.4Ghz and 5Ghz connections, and up to 30% longer battery life.

Arlo Pro 5S 2K Security Camera – 1-camera: SGD188 (RP: SGD269)
Arlo Pro 5S 2K Security Camera – 2-camera bundle: SGD349 (RP: SGD499)

For more information on Arlo products, please visit https://kaira.arlostore.sg/.
Hashtag: #Arlo

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

About Arlo Technologies, Inc.

Arlo is the award-winning, industry leader that is transforming the way people experience the connected lifestyle. Arlo’s deep expertise in product design, wireless connectivity, cloud infrastructure and cutting-edge AI capabilities focuses on delivering a seamless, smart home experience for Arlo users that is easy to setup and interact with every day. The company’s cloud-based platform provides users with visibility, insight and a powerful means to help protect and connect in real-time with the people and things that matter most, from any location with a Wi-Fi or a cellular connection. To date, Arlo has launched several categories of award-winning smart connected devices, including wire-free smart Wi-Fi and 4G LTE-enabled security cameras, audio and video doorbells, and floodlight.

With a mission to bring users peace of mind, Arlo is as passionate about protecting user privacy as it is about safeguarding homes and families. Arlo is committed to supporting industry standards for data protection designed to keep users’ personal information private and in their control. Arlo doesn’t monetize personal data, provides enhanced controls for useraimeephan data, supports privacy legislation, keeps user data safely secure, and puts security at the forefront of company culture.

Unlimit and SHOPLINE partner to drive Chinese merchants’ global expansion

The partnership will support the global growth of Chinese brands by enhancing the cross-border payment solutions available to merchants.


LONDON, UNITED KINGDOM – Media OutReach Newswire – 31 October 2024 – Global fintech Unlimit has formed a strategic partnership with SHOPLINE, a rapidly growing Software-as-a-Service (SaaS) provider, to assist Chinese merchants in expanding their global reach through the integration of new payment processes.

Unlimit X SHOPLINE
Unlimit X SHOPLINE

SHOPLINE will leverage Unlimit’s portfolio of more than 1,000 global payment methods and card acquiring services to help Chinese merchants seamlessly process customers in other APAC countries and new markets, like LatAm, Europe, The UK, and Africa, improve payment approval rates, and raise customer satisfaction levels.

China’s e-commerce market continues to be the world’s largest, with cross-border sales contributing significantly to its ongoing growth. According to the General Administration of Customs of China, in the first half of 2024, cross-border e-commerce imports and exports reached 1.22 trillion yuan, a 10.5% year-on-year increase which reflects the strong opportunity for expansion open to Chinese brands.

“We’re excited to support Chinese brands as they look to expand across borders and seamlessly accept payments from around the world,” said Irene Skrynova, Unlimit’s Chief Customer Officer. “Our partnership reflects a shared vision of empowering e-commerce merchants with the payment tools they need to broaden their international presence and break through boundaries.”

The General Manager of Payments at SHOPLINE commented: ” ‘Our success comes from the success of our customers’ – is the attitude that SHOPLINE has always adhered to. Our partnership with Unlimit follows this approach, allowing us to provide SHOPLINE merchants with more high-quality payment options and bringing more possibilities to the last mile of cross-border e-commerce.”

As Chinese brands continue their international expansion, Unlimit and SHOPLINE’s partnership is uniquely positioned to support this trend by providing the necessary infrastructure to help merchants achieve wider reach and greater success.
Hashtag: #Fintech #payment #crossborder #Unlimit #Shopline





Wechat: Unlimit

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

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&off-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 700 employees across 16 offices and five continents, including London, Singapore, São Paulo, Hong Kong, and Mexico. For further information, please visit:.

SIBUR to use green energy to reduce carbon footprint of production


MOSCOW, RUSSIA – Media OutReach Newswire – 31 October 2024 – SIBUR, Russia’s largest producer of polymers and rubber, has agreed to purchase additional electricity from renewable sources to reduce the carbon footprint of its production sites, in line with its ESG strategy.

The company plans to purchase 62,000 MWh of electricity generated at TGC-1 hydroelectric power plants to meet the energy needs of two of its production facilities: SIBUR-PETF and POLIEF, both of which manufacture polyethylene terephthalate.

The agreement will enable SIBUR to operate one of the sites, SIBUR-PETF, entirely on renewable energy, thus achieving one of the most ambitious goals outlined in its sustainability strategy.

In addition, the deal will increase the use of green energy at POLIEF, which already operates a solar power plant that provides approximately 25% of the electricity used for the production of Vivilen granules, which are made with recycled plastic (rPET).

According to its sustainability strategy, SIBUR aims to increase the share of renewable energy in its energy mix fivefold by 2025 compared with 2020 levels. The company is already operating two solar power plants. In addition to utilising green energy, SIBUR is committed to reducing greenhouse gas emissions from production through the adoption of low-carbon technologies.

Hashtag: #SIBUR

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