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The Inaugural “Shanghai Summer” International Consumption Season Officially Launched

SHANGHAI, CHINA – Media OutReach Newswire – 23 July 2024 – On July 6, the inaugural “Shanghai Summer” International Consumption Season officially kicked off, welcoming global travelers to enjoy a spectacular summer at the Bund.

Shanghai is a key gateway for international travelers, with 2.035 million foreign visitors entering through its ports from January to June this year, about 2.8 times more than the same period last year. Currently, Shanghai ranks second among global cities in the concentration of international retailers, with a 98% coverage rate of top international brands. This season will offer a variety of summer activities and high-quality experiences for both domestic and international tourists.

Exciting Events Ready to Launch

Running until mid-October, “Shanghai Summer” features over a hundred high-quality events, including concerts, music festivals, cultural performances, art exhibitions, and major sports events. Notable events include:

  • The Civilization of Ancient Egypt Exhibition
  • The First Shanghai International Cruise Festival
  • City Walk Pro: Experience Shanghai Now
  • Shanghai Tourism Festival
  • The First Shanghai International Light Festival
  • ATP 1000 Shanghai Masters
  • The First Shanghai International Electronic Music Festival
  • Global Partners Collaborate to Celebrate

Eight global partners, including China Mobile, China Telecom, China Eastern Airlines, Bailian Group, Jinjiang International, Ctrip, Marriott International, and Cathay Pacific, have launched thoughtful initiatives to enhance visitor experiences. China Mobile and China Telecom offer short-term internet cards. China Eastern Airlines has introduced multi-trip flight passes and discounted tickets. Bailian Group is distributing gift cards and shopping vouchers, while Jinjiang International Group offers significant discounts at their Shanghai stores.

Shanghai Summer Ambassadors Showcase Shanghai’s Experience

On the summer solstice, Shanghai launched a global recruitment for “Shanghai Summer Ambassadors.” The first group of ambassadors, including Scott, a travel photography blogger from England, are set to explore and share Shanghai’s summer stories from unique perspectives.

Welcoming Global Visitors to Share in the Summer in Shanghai

This summer, Shanghai invites global visitors to embark on culinary journeys, savor cultural feasts, enjoy fashion trips, and experience the city’s unique charm. Endless excitement awaits!

Video: https://youtu.be/PIHiP-Ur5LE
Hashtag: #ShanghaiSummer

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Greater Bay Area Primary Residential Transactions Rebounded in June as Market Cooling Measures Eased

Investment Market Driven by SOEs and Private Investors, Logistics Sector to Remain the Focus

  • The central government’s introduction of the supportive “517” policy in May 2024 prompted Greater Bay Area (GBA) cities to implement a range of relaxation measures, in turn spurring housing market activity, with primary market home sales rebounding in June
  • Total investment volume in the GBA commercial real estate (CRE) market reached RMB11.9 billion in 1H 2024, accounting for 17% of total Chinese mainland CRE investment volume in the period
  • The GBA investment market was driven by state-owned enterprises and private investors in 1H 2024, with the logistics sector likely to remain sought-after due to capital appreciation potential

HONG KONG SAR – Media OutReach Newswire – 23 July 2024 – Global real estate services firm Cushman & Wakefield today published its Greater Bay Area Residential and Investment Market 1H 2024 Review and Outlook. GBA primary market residential sales slowed in 1H 2024 compared to the same period last year, under the continuing global high interest rate environment. However, market sentiment strengthened following the introduction of supportive housing policies in May. The CRE investment market (large-sized deals at >RMB100 million) was primarily driven by state-owned enterprises and mainland investors.

Looking ahead, the central government stated at the Third Plenary Session in July 2024 that municipal governments will be granted greater decision-making authority to regulate the real estate market. This is expected to bring greater momentum to the market, thereby supporting a recovery in residential transactions and price stabilization in 2H 2024. The central government stated at the Session that it will lift restrictions on the market, while also ensuring effective regulation, as well as leveraging the market’s role by fostering a fairer environment for private enterprises and foreign companies to participate in economic and industry development. We can expect this to bring greater market vitality and to benefit the property market in the long run. In the investment market, we can anticipate that investors will continue to pay attention to the logistics sector, given the sector’s strong demand and stable rental returns.

GBA Residential Market

The GBA primary residential market recorded approximately 133,000 transactions in the 1H 2024 period. This performance was down 15% h-o-h and 40% y-o-y, in part due to the relatively high base of comparison from 1H 2023 amid the impetus of the border reopening. However, the central government’s implementation of the “517” new housing policies in mid-May — including the cancellation of the new home loan rate lower limit, lowering of the individual housing provident fund loan rates, and the adjustment of the minimum down- payment ratio — helped to bolster sentiment in the market. In turn, primary residential transactions grew by 19% in June over the prior month to nearly 29,000 units, higher than the average monthly transaction volume in 2H 2023 and reflecting solid end-user demand in the GBA residential market.

Alva To, Cushman & Wakefield’s Vice President, Greater China & Head of Consulting, Greater China said, “At the recent Third Plenary Session, the central government granted greater decision-making power to municipal governments to regulate the real estate market, and proposed a series of measures to boost the economy, including the intention to lift restrictions on the market while ensuring effective regulation and to relax different economic control measures. Coupled with the earlier implementation of the “517” supportive housing policy, we believe that GBA residential transaction volume will gradually expand in 2H 2024. We expect average monthly transaction numbers in 2H 2024 to reach around 28,000 to 30,000 units, potentially bringing the 2024 total annual first-hand residential transactions to 300,000 to 313,000 units, a drop of 17% to 20% y-o-y, with the decline front-loaded in 1H 2024.

“On the other hand, connectivity between GBA cities has been greatly strengthened given the ongoing improvement in the transportation network in recent years, including the high-speed rail, Hong Kong-Zhuhai-Macao Bridge and Shenzhen Zhongshan Passage. This will help drive more Hong Kong and Macao residents to buy properties in GBA cities. Housing price differences between Hong Kong and mainland cities also make GBA properties attractive to some Hong Kong people, especially for those who find Hong Kong purchase entry prices too high. Furthermore, the Chinese mainland has recently introduced guidelines to facilitate Hong Kong and Macao residents to take domestic mortgage loans for GBA properties, with RMB funds remitted for mortgage loan payments exempted from the remittance limit. As Hong Kong continues to integrate with the GBA, we expect to see increasing buying interest from Hong Kong residents, supporting a more stable outlook for the GBA residential market.”

As for residential prices, although overall primary home prices are more swayed by the quality level of newly launched projects, first-hand residential prices in the nine GBA mainland cities rose and fell in a roughly 50–50 split in 1H 2024. For secondary home prices, using Shenzhen as an example, the Cushman & Wakefield Shenzhen mid-to-high-end secondary home price index fell by 1.9% in 1H 2024 (Chart 2). Looking ahead, we believe the central government’s active relaxation of housing cooling measures, combined with the positive messages on the economy released in the Third Plenary Session, will help to support market sentiment and price stability in the GBA during 2H 2024.

GBA CRE Investment Market
Overall investment momentum in 1H 2024 slowed compared to last year in the face of continuing high global interest rates and foreign borrowing costs. The GBA CRE investment market (large-sized deals at >RMB 100 million) recorded 26 large transactions totaling RMB11.9 billion in the 1H period, accounting for about 17% of the overall Chinese mainland investment market (Chart 3). Of the 26 transactions, 23 were at less than the RMB1 billion mark, with some involving discounted deals. The GBA commercial property investment market continues to focus on the two mainland first-tier cities, Shenzhen and Guangzhou, recording total transactions of RMB6.3 billion and RMB5.6 billion respectively in 1H 2024.

In terms of buyer category, the GBA commercial real estate investment market is dominated by state-owned enterprises and domestic investors. Domestic capital accounted for 99% of the GBA CRE market transactions in 1H 2024, with overseas buyers and institutional investors remaining conservative (Chart 4). By property type, the office/R&D office sector continued to take the largest share of the market, accounting for more than 33% of the total transaction consideration, supported by attractive pricing and hence allowing end-users and capital-rich investors to bottom-fish. Mixed-used assets took a 30% share of total consideration and industrial/logistics properties 17%.

Charli Chan, Cushman & Wakefield’s Deputy Managing Director, Capital Markets, China commented, “Looking to 2H 2024, of the different sectors, we believe that logistics assets are still the most attractive for growth potential. Taking Guangzhou, Foshan, Shenzhen and Dongguan as examples, the cap rate of logistics properties in these GBA cities is similar to that of Shanghai and Beijing, at the level of around 5%. However, logistics vacancy rates in Foshan, Guangzhou, Dongguan and Shenzhen stood at 1%, 4%, 7% and 8%, respectively, far lower than the 19% of Shanghai and Beijing. In fact, with the ongoing enhancement of transportation connectivity across GBA cities, coupled with growing warehousing demand from 3PLs driven by cross-border e-commerce expansion and increasing last-mile logistics activity in the South China region, the growth potential of the GBA logistics sector cannot be overlooked. As well, the new warehouse supply pipeline in Shenzhen and Guangzhou remains limited, and we can anticipate that future demand will spill over to surrounding areas such as Foshan and Dongguan. Hence, we believe that the GBA logistics sector will continue to attract investors’ attention into the future.”

Please click here to download photos.

Caption:
Alva To, Cushman & Wakefield’s Vice President, Greater China & Head of Consulting, Greater China(Left)and Charli Chan, Cushman & Wakefield’s Deputy Managing Director, Capital Markets, China(Right).

Hashtag: #CushmanandWakefield

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

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In Greater China, a network of 23 offices serves local markets across the region. In 2023, the firm reported revenue of $9.5 billion across its core services of valuation, consulting, project & development services, capital markets, project & occupier services, industrial & logistics, retail and others. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit or follow us on LinkedIn ().

Lao Taekwondo Athletes Win Two Golds at South Korean Championship

Lao Taekwondo Athletes Win Two Golds at South Korean Championship
Lattanaphone Lattanapaseuth (middle) and Nalinda Khemmala (left), two Taekwondo athletes from PMS Taekwondo Club who won a gold medal and a bronze medal, respectively, accompanied by the club owner, Douangsivilay Phimmasone (right). (photo credit: Douangsivilay Phimmasone)

Six Lao Taekwondo athletes secured five medals, including two gold, one silver, and two bronze, at the Seongnam Open International Taekwondo Championship 2024 in South Korea on 21 July.

National University of Laos to Admit 5,920 New Students

Students took entrance exam at the National university of Laos in 2023. (Photo: NUoL News)

The National University of Laos (NUOL) has announced that it will accept 5,920 new students for the 2024-25 academic year, with over 4,000 applicants already registered for entrance exams.

This year’s intake represents a substantial decrease compared to the previous years, according to acting NUOL President Dexanoulath Sendouangdeth.

During the 2023-24 academic year, 6,688 students secured places at NUOL out of 7,441 who took the exams. In comparison, the previous year saw over 11,000 students registering for the exams, with 6,990 being admitted. Meanwhile, in the 2020-2021 academic year, more than 9,000 students gained admission out of 16,700 who registered.

The Lao Ministry of Education and Sports is concerned about this decline, attributing it to limited job opportunities in Laos as a key factor. The ministry stated that many potential students are hesitant to invest in a university education due to uncertain job prospects. Meanwhile, financial and economic difficulties in rural areas are contributing to the decrease, as high tuition fees discourage potential applicants.

Acknowledging the declining trend among Lao people in pursuing higher education, Dexanoulath encouraged recent high school graduates to register for the entrance exam and continue their education. Registration will remain open until 7 August, with exams scheduled to take place on 10 August at the Dongdok campus.

NUOL, the largest university in Laos, consists of 13 faculties, including engineering, mathematics and physics teaching, agriculture, environmental studies, and Lao language education, among others. The university provides diverse academic programs, including undergraduate, master’s, and diploma courses, as well as six PhD programs.

New Brand, Diverse Experience, Value Beyond Insurance FTLife Officially Renamed CTF Life with the Launch of “CTF Life • CIRCLE”


HONG KONG SAR – Media OutReach Newswire – 23 July 2024 – FTLife Insurance Company Limited (“FTLife”) today announced that it has officially changed its name to Chow Tai Fook Life Insurance Company Limited (“CTF Life”) and revealed its new brand identity. The company also launched the “CTF Life * CIRCLE” membership programme, leveraging the diverse conglomerate of Chow Tai Fook Group (“the Group”) to provide quality lifestyle experiences and create value beyond insurance.

CTF Life’s Chief Executive Officer Man Kit Ip (middle), alongside the company’s management team and event ambassador Linda Chung officially unveil the new brand identity.
CTF Life’s Chief Executive Officer Man Kit Ip (middle), alongside the company’s management team and event ambassador Linda Chung officially unveil the new brand identity.

CTF Life’s Chief Executive Officer Man Kit Ip, alongside the company’s management team officially unveiled the new brand identity today at a ceremony held in “The GalaMuse”, CTF Life’s concept centre. The company also invited actress and singer Linda Chung to be the event ambassador. An integrated marketing campaign highlighting the new name “CTF Life” will be rolled out across online and offline platforms from today, including the prominent rooftop LED billboard at a grade-A commercial building on Hong Kong Island as well as the sizable outdoor advertisement at the Royal Hong Kong Yacht Club, overlooking Victoria Harbour, all of which are strategically planned to enhance the brand awareness.

New brand name: unchanged commitment

Man Kit Ip, Chief Executive Officer of CTF Life, said: “The launch of the new brand marks a new milestone in the company’s development. With a near 40-year legacy, CTF Life is among the most well-established life insurance companies in Hong Kong. With our new brand identity and unique positioning, we will further strengthen our collaboration with the diverse conglomerate of the Group, leveraging its robust financial strength and strategic investments across the globe to continue to expand our service network and optimise our products and services. We aspire to become a leading insurance company in the Greater Bay Area.”

Man Kit Ip added, “With the brand promise of creating value beyond insurance, we are dedicated to supporting customers and their loved ones in navigating life’s journey with personalised planning solutions, lifelong protection and diverse lifestyle experiences.”

“CTF Life * CIRCLEmembership programme: bringing diverse experience

Launched alongside the new brand, the “CTF Life * CIRCLE” membership programme is designed to fully embody the brand promise. Featuring “diverse experience”, “lifestyle privileges” and access to the Chow Tai Fook Group’s “membership alliance”, the programme provides customers and their families with exceptional lifestyle experiences.

With three tiers of membership – Diamond, Gold and Basic – members can enjoy exclusive offers and privileges within the Group’s diverse conglomerate, covering hotel accommodation, dining, education, health services and more. Members also enjoy access to benefits across the Group’s membership alliance, which will initially include memberships of New World CLUB and KLUB 11 and is set to further expand to encompass CTF Club (Chow Tai Fook Jewellery’s membership programme) and NWC Club (New World China’s membership programme), thereby extending its reach to benefit an even broader membership base in Hong Kong and mainland China.

Brand promise: creating value beyond insurance

The new brand design features turquoise as the primary colour, symbolising the endless vitality that propels the continuous growth and development of CTF Life. The colour scheme also includes earth tones, which represent the company’s dedication to environmental sustainability. The new icon, brand story essence, is composed of four dynamic flowing lines, which vividly reflects CTF Life’s unwavering commitment to supporting customers and their loved ones throughout their life journey – from wellbeing, growth and healthcare to legacy. The prominent new brand identity shown on the rooftop LED billboard at a grade-A commercial building on Hong Kong Island and the outdoor advertisement at the Royal Hong Kong Yacht Club will add a fresh element to the Hong Kong skyline. It is also set to make an appearance through advertisements on buses and taxis running in the city. The two brand videos showcasing the new brand and the highlight of “CTF Life * CIRCLE” will be broadcast on television, MTR in-train TV, digital and social media platforms, as well as prominent locations at the Group’s diverse conglomerate, starting today.

The company announced its plan to change its name to CTF Life in April. Since then it has received positive feedback from customers and partners. CTF Life remains committed to achieving collaborative success and sustainable growth together with all stakeholders. This name change will not affect its model of collaborating with business partners or its day-to-day management and operation of existing policies, including protection, benefits, fees and returns.Hashtag: #CTFLife

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

About CTF Life

Chow Tai Fook Life Insurance Company Limited (“CTF Life”) is proud of its rich, nearly 40-year legacy in Hong Kong. CTF Life is a wholly-owned subsidiary of NWS Holdings Limited (Hong Kong Stock Code: 659) and one of the most well-established life insurance companies in Hong Kong. As a member of Chow Tai Fook Enterprises Limited, CTF Life consistently strengthens its collaboration with the diverse conglomerate of the Cheng family (“Chow Tai Fook Group” or “the Group”) to support customers and their loved ones in navigating life’s journey with personalised planning solutions, lifelong protection and diverse lifestyle experiences. By leveraging the Group’s robust financial strength and strategic investments across the globe, CTF Life aspires to become a leading insurance company in the Greater Bay Area while continuously creating value beyond insurance.

Henkel Malaysia Equips Underprivileged Children with Computer Skills

Empowering low-income communities in Malaysia through computer literacy


KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 23 July 2024 – Henkel Malaysia, in collaboration with Project Hope Welfare Association, successfully concluded a 10-week computer literacy programme for children aged between 10 to 17 from low-income and Myanmar refugee families. As part of Henkel Malaysia’s “Make an Impact on Tomorrow” initiative, the programme aims to bridge the digital gap and equip participants with essential computer skills.

Teoh Tsu-Shien, President of Henkel Malaysia (front center), presents refurbished laptops to Lai Leen, Chairperson of Project Hope Welfare Association (front right).
Teoh Tsu-Shien, President of Henkel Malaysia (front center), presents refurbished laptops to Lai Leen, Chairperson of Project Hope Welfare Association (front right).

Held at Project Hope Welfare Association’s facility, the computer literacy programme provided participants with foundational computer skills including basic navigation, functionality and proficiency in Microsoft Office Suite. It further prepared them for success through resume writing and presentation training, boosting their confidence and enhancing their future prospects with skills and knowledge needed to succeed in today’s digital world. The training was delivered by 16 employee volunteers across various departments at Henkel.

“We enthusiastically embraced the opportunity to support Project Hope Welfare Association by donating computers. In addition, our employees volunteered to offer training sessions for the children. This aligns perfectly with our commitment to creating lasting social impact within our local communities,” said Teoh Tsu-Shien, President of Henkel Malaysia.

Lai Leen, Chairperson of Project Hope Welfare Association said, “We appreciate what the Henkel Malaysia team has been doing for the association thus far. The programme aligns with our mission: to empower our students who, on their own, would not have the opportunity to study or learn. We would also like to thank Henkel Malaysia for their generous donation of the laptops, which will be continuously well-used by the students. Henkel’s contribution is invaluable.”

The computer literacy programme marks the second successful collaboration between Henkel Malaysia and Project Hope Welfare Association. In May 2024, the “EZY Baking Workshop” empowered individuals from low-income backgrounds with baking knowledge and assistance to start their own home-based baking business, aiming to foster self-reliance and economic empowerment within the community.Hashtag: #Henkel #HenkelMalaysia





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

About Henkel

With its brands, innovations and technologies, Henkel holds leading market positions worldwide in the industrial and consumer businesses. The business unit Adhesive Technologies is the global leader in the market for adhesives, sealants and functional coatings. With Consumer Brands, the company holds leading positions especially in laundry & home care and hair in many markets and categories around the world. The company’s three strongest brands are Loctite, Persil and Schwarzkopf. In fiscal 2023, Henkel reported sales of more than 21.5 billion euros and adjusted operating profit of around 2.6 billion euros. Henkel’s preferred shares are listed in the German stock index DAX. Sustainability has a long tradition at Henkel, and the company has a clear sustainability strategy with specific targets. Henkel was founded in 1876 and today employs a diverse team of about 48,000 people worldwide – united by a strong corporate culture, shared values and a common purpose: “Pioneers at heart for the good of generations.” More information at

DHL Express and UOB partner to reduce carbon footprint of UOB’s international shipments via sustainable aviation fuel

  • Partnership under DHL’s GoGreen Plus service will support UOB’s sustainability commitments in carbon neutrality

SINGAPORE – Media OutReach Newswire – 23 July 2024 – DHL Express, the world’s leading international express service provider, and UOB, a leading bank in ASEAN, entered a strategic agreement under DHL’s GoGreen Plus service to co-invest in sustainable aviation fuel (SAF) for UOB’s international parcel deliveries. Through this program, UOB foresees an estimated annual emissions reduction of approximately 200 tons of carbon dioxide-equivalent (CO2e[1]) .

UOB has entered into a strategic agreement with DHL Express for its GoGreen Plus service to co-invest in the use of sustainable aviation fuel for the Bank's international parcel deliveries. From L to R: Michiel Greeven, EVP, Global Commercial, DHL Express; Yung C. Ooi, SVP, Commercial, Asia Pacific, DHL Express; Marcus Lai, Head of Corporate Real Estate Services, UOB; and Eric Lim, Chief Sustainability Officer, UOB, at the signing ceremony at the DHL Asia Pacific Innovation Center that took place on 22 July 2024.
UOB has entered into a strategic agreement with DHL Express for its GoGreen Plus service to co-invest in the use of sustainable aviation fuel for the Bank’s international parcel deliveries.

From L to R: Michiel Greeven, EVP, Global Commercial, DHL Express; Yung C. Ooi, SVP, Commercial, Asia Pacific, DHL Express; Marcus Lai, Head of Corporate Real Estate Services, UOB; and Eric Lim, Chief Sustainability Officer, UOB, at the signing ceremony at the DHL Asia Pacific Innovation Center that took place on 22 July 2024.

Launched in February 2023, DHL’s GoGreen Plus service has helped over 40,000 customers in Asia Pacific cut their carbon emissions using SAF, which can reduce lifecycle emissions of typical aviation fuel by around 80 per cent compared with traditional jet fuel. This demonstrates a strong demand for sustainable solutions across DHL’s customers in various industries. UOB and DHL have been collaborating closely since 2022 to reduce UOB’s carbon footprint of international parcel deliveries and has onboarded the GoGreen Plus service from March this year to utilize SAF.

“DHL has a clear sustainability roadmap, and we understand our role and responsibility to make air transportation more sustainable. We are proud that UOB has selected us to be their partner to help reduce their environmental impact on their international shipping activities,” said Ken Lee, CEO DHL Express Asia Pacific. “We are seeing a strong uptake of GoGreen Plus service in the region, citing shippers’ readiness and appetite for sustainable logistics solutions. SAF is currently the best option for reducing carbon emissions in aviation, and we are glad to be taking the lead.”

Environmental sustainability takes center stage for the banking and finance industry

According to Dentsu’s 2023 report for the banking and finance industry, 63 per cent of Asia Pacific consumers recognized and felt the impact that climate change can bring about in the next five years. As a result, consumers expect brands and their governments to take firm action to address sustainability. In fact, Asian banks are taking action and committing to net-zero emissions as well. As seen in an assessment by World Wide Fund for Nature, net-zero commitments among assessed banks rose from 15 to 39 per cent between 2021 and 2022.

In 2022, UOB announced its goal of achieving net-zero by 2050 for its financed emissions, concurrently supporting sustainable practices among its clients and the real economy, and driving socio-economic growth in Southeast Asia. DHL’s GoGreen Plus service allows UOB to reduce their Scope 3 non-financed emissions effectively with SAF. In addition, UOB will receive monthly updates detailing the carbon reductions of their parcel shipments through a complimentary Carbon Footprint report and quarterly certification of the emissions reduction achieved by an independent auditor.

“As our operations continue to expand regionally, we are committed to align our procurement activities with our sustainability strategy and objectives. UOB is the first local bank in Singapore to proactively address the emissions arising from our consignments and international shipping activities through carbon insetting, as part of reducing the footprint of our supply chain. The collaboration with our logistics partner, DHL, supports the scaling of SAF usage as a better alternative to decarbonize supply chains. This is a meaningful step for us to achieve sustainable procurement, integral to UOB’s ethos of responsible business practices,” said Marcus Lai, Head of Corporate Real Estate Services, Group Finance & Corporate Services, UOB.

The GoGreen Plus service is one of DHL’s global initiatives to achieve net-zero carbon emissions by 2050. It is made possible due to strategic collaborations with bp and Neste to acquire up to 800 million liters of SAF and with World Energy to provide up to 668 million liters of SAF. As a leading logistics company, DHL stays committed to decarbonizing its business operations and continuously developing innovative green solutions for the logistics industry.


[1] CO2e A carbon dioxide equivalent or CO2 equivalent, abbreviated as CO2e is a metric measure used to compare the emissions from various greenhouse gases on the basis of their global-warming potential (GWP), by converting amounts of other gases to the equivalent amount of carbon dioxide with the same global warming potential.

Hashtag: #DHLExpress #GoGreenPlus #SustainableAviationFuel #UOB



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

DHL – The logistics company for the world

DHL is the leading global brand in the logistics industry. Our DHL divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 395,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global sustainable trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, engineering, manufacturing & energy, auto-mobility and retail, DHL is decisively positioned as “The logistics company for the world.”

DHL is part of DHL Group. The Group generated revenues of more than 81.8 billion euros in 2023. With sustainable business practices and a commitment to society and the environment, the Group makes a positive contribution to the world. DHL Group aims to achieve net-zero emissions logistics by 2050.

About UOB

UOB is a leading bank in Asia. Operating through its head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, UOB has a global network of around 500 offices in 19 countries and territories in Asia Pacific, Europe and North America. Since its incorporation in 1935, UOB has grown organically and through a series of strategic acquisitions. Today, UOB is rated among the world’s top banks: Aa1 by Moody’s Investors Service and AA- by both S&P Global Ratings and Fitch Ratings.

For nearly nine decades, UOB has adopted a customer-centric approach to create long-term value by staying relevant through its enterprising spirit and doing right by its customers. UOB is focused on building the future of ASEAN – for the people and businesses within, and connecting with, ASEAN.

The Bank connects businesses to opportunities in the region with its unparalleled regional footprint and leverages data and insights to innovate and create personalized banking experiences and solutions catering to each customer’s unique needs and evolving preferences. UOB is also committed to help businesses forge a sustainable future, by fostering social inclusiveness, creating positive environmental impact and pursuing economic progress. UOB believes in being a responsible financial services provider and is steadfast in its support of art, social development of children and education, doing right by its communities and stakeholders.

Lao Police Rescue Indian Nationals from Cyber-Scam Centers, Total Rescued Reaches 518

Indian Nationals (Photo: Indian Embassy in Laos)

Lao police have rescued a total of 13 Indian nationals, who were trapped in cyber-scamming centers, the Indian Embassy in Laos announced on 21 July.