Combining comprehensive digital marketing solutions to explore new business opportunities in the field of sports
HONG KONG SAR – Media OutReach Newswire – 11 July 2024 – Vision International Holdings Limited (“Vision International” and its subsidiaries, together, the “Group“, stock code: 8107) is pleased to announce that the Group has entered into a strategic cooperation framework agreement (the “Framework Agreement“) with Camping Club Network Technology Company Limited* (露營之家網絡科技有限公司, the “Camping Club Technology“).
Pursuant to the Framework Agreement, with the aim of increasing the brand awareness of the service platform of the Camping Club (露營之家, the “Camping Club“) in China, both parties agreed that the Group shall provide its innovative supply chain management solutions (the “Innovative SCM Solutions“) and comprehensive digital marketing solutions to Camping Club Technology for their activities in relation to (i) promotion and registration of a variety of sports events in connection with the Camping Club; and (ii) marketing of the related products and services for a period of three years .
The Camping Club is a pioneer organization that was established in 2013 under the operating guidance of the General Administration of Sport of China to promote outdoor camping sport activities. With the support of the General Administration of Sport of China and other regional governments, the principal activities of the Camping Club are to organize large-scale outdoor sports events such as camping events and marathon in China. At present, it has nearly 300 cooperation partners.
The Group has put efforts in enhancing the competitiveness of the Group’s supply chain management (“SCM“) services with the new anti-counterfeit, traceability and marketing functions. Since then, the Group has been successfully expanded to application of SCM services from garment to other industries, including food products, cinema scenarios and sports-related scenarios.
In the sports-related industry, the group’s innovative SCM solutions have been recognized by various well-known partners of strategic value. Earlier this month, the Group entered into a strategic cooperation with the Forest Sports Entertainment (Beijing), the operating company of the Forest Sports Professional Committee of China National Forest Farm Association* (中國林場協會森林體育運動專委會) and intends to provide the innovative supply chain management solutions and comprehensive digital marketing solutions. In May 2024, The Group entered into a cooperation agreement with Gansu Walker Sports Management Company Limited* (甘肅行者體育管理有限公司), pursuant to which the Group was designated as one of the official partners of the 2024 Jiayuguan Great Wall Marathon and “Great Wall League”.
Mr. Chan Ting, Chairman and Executive Director of Vision International, said, “Considering the growing health awareness among the public and the up-and-coming athleisure trend, the Group believes that the sports-related industry will continue to hold out broad prospects for development. Through the cooperation with Camping Club Technology, the Group would be able to introduce our Innovative SCM Solutions and other products to a diverse range of participants and cooperation partners of the Camping Club, thereby expanding the customers base of the Group and creating business growth. In the future, we will continue to expand our supply chain management services to a wider range of application scenarios, broaden the revenue stream of the Group and create more value for our investors.”
*for identification purposes only
Hashtag: #VisionInternational
The issuer is solely responsible for the content of this announcement.
About Vision International Holdings Limited
Vision International Holdings Limited is a well-established apparel supply chain management (“SCM”) services provider based in Hong Kong. The Group has developed a vertically integrated business model with services ranging across market trend analysis, product design and development, sourcing of suppliers, production management, logistics services and quality control. Through engaging us for apparel SCM services, our customers are able to focus their resources on their retail businesses and respond quickly to the fast-evolving changes of the fashion industry. In order to enhance the Group’s competitiveness in the market, the Group had advanced its supply chain management service to include anti-counterfeit tracing technology and brand protection for its apparel and other products.
Initiatives and new collaborations allow organisations to deploy AI securely and at scale, supported by an NCS AI talent base of 3,000 AI practitioners and 300 AI experts
SINGAPORE – Media OutReach Newswire – 11 July 2024 – Leading technology services firm NCS has launched a suite of Artificial Intelligence (AI) and digital resilience (DR) solutions for organisations looking to re-invent themselves in the AI era. These include frameworks, solutions and accelerators that governments and enterprises in Asia Pacific (APAC) can easily tap to use AI securely and at scale to drive sustainable game-changing innovation.
The launch took place at its annual Impact forum today where NCS CEO, Ng Kuo Pin, addressed over 1,000 leaders and technology practitioners from the region, and shared NCS’ AI-led plans for changing the game. He highlighted two key success factors for organisations – AI adoption and digital resilience – to fully harness the benefits of technology in a world redefined by economic uncertainty, geopolitical tensions and technological challenges.
Ng Kuo Pin, CEO, NCS said, “Across the world, AI is top of mind now, but organisations must not overlook the importance of digital resilience as they embrace AI’s transformational potential. To build a safer and more sustainable future, it is crucial that organisations invest to build a foundation in cybersecurity, data governance and technology that will allow AI to flourish. We believe organisations that master both AI and digital resilience will be the ones that will thrive in this increasingly complex global environment.”
Deputy Prime Minister Heng Swee Keat spoke about reaping the full potential of AI to improve the lives of people and protect our planet, while implementing the right guard rails, and create conditions to innovate safely, responsibly, and for the common good at the NCS Impact forum 2024.
From left to right: Sami Luukkonen, Managing Partner, Telco+, NCS; Sam Liew, Chief Executive, Gov+, NCS; Ng Kuo Pin, Chief Executive Officer, NCS; Wynthia Goh, Senior Partner, NEXT, NCS; Alfred Goh, Managing Partner, Enterprise Strategic Business Group, NCS; and Howie Lau, Managing Partner, Corporate Development & Partnerships, NCS, at the NCS Impact forum 2024 keynote, where they outlined NCS’ AI-led plans for changing the game.
Navigating the AI Journey
NCS’ new suite of solutions include the AI-Digital Resilience (AI+DR) Matrix whichenables organisations to build a strategic roadmap that enhances both AI and digital resilience concurrently. Serving as an essential starting point for any organisation embarking on its AI journey, the innovative framework categorises organisations into four quadrants of AI Dust, Missed Opportunity, House of Cards, and Game Changer (see Figure 1), based on their maturity levels of AI adoption and digital resilience. This allows organisations to assess their AI and digital resilience readiness and calibrate key developmental steps as they move down the AI pathway.
Kuo Pin added, “AI will be a game changer and companies must learn the new game – the earlier, the better. Given the speed at which AI evolves and the implications of AI for businesses, working with the right technology partners to help navigate the AI landscape and plug into the right ecosystem is fundamental. Having primed our workforce for the intelligence revolution, NCS is AI-ready and well-positioned to help organisations avoid the pitfalls of AI adoption while unlocking its game-changing value. We will lead with AI inside and outside.”
Figure 1. AI-Digital Resilience Matrix
AI and Digital Resilience Solutions and Accelerators
NCS also introduced Polaris DR, a solution for organisations to assess their digital resilience across five key areas – cybersecurity, data governance, infrastructure scalability, application robustness and operational responsiveness. Leveraging NCS’ expertise in large-scale implementations and operations, Polaris DR will enable them to lay the strong foundation needed for enterprise-wide growth and AI adoption by providing a customised improvement plan to address vulnerabilities in systems, technology infrastructure and IT operations.
To empower clients to deploy AI more securely and efficiently, NCS announced five innovative and repeatable Industry Business Solutions (IBS) embedded with NCS AI Accelerators. The solutions are both standardised and customisable, enabling organisations to accelerate AI deployments in three key areas – customer / citizen experience, workforce productivity, and software engineering –whileensuring consistency and scalability. The solutions not only leverage NCS’ track record in partnering governments and enterprises on their technology journeys, it also taps NCS’ deep industry knowledge and methodologies honed over time, regional AI talent pool, and extensive partnerships with global players in AI technology.
From left to right: Sam Liew, Chief Executive, Gov+, NCS, Senior Minister of State for the Ministry of Manpower, Zaqy Mohamad, Deputy Prime Minister Heng Swee Keat and Ng Kuo Pin, Chief Executive Officer, NCS, at the NCS Impact forum 2024, where a suite of Artificial Intelligence and digital resilience solutions were launched.
Sam Liew, Chief Executive, Gov+, NCS and Ng Kuo Pin, Chief Executive Officer, NCS, accompanying Deputy Prime Minister Heng Swee Keat and Senior Minister of State for the Ministry of Manpower, Zaqy Mohamad, on a demonstration of how AI is innovating emergency services to improve outcomes.
From left to right: Alfred Goh, Managing Partner, Enterprise Strategic Business Group, NCS; Andrew Yeo, Chief Executive Officer of Income Insurance; Tian Beng Ng, Senior Vice President and General Manager, Dell Technologies, APJ Channel; Ng Kuo Pin, Chief Executive Officer, NCS; Sami Luukkonen, Managing Partner, Telco+, NCS; Vice President, Worldwide Public Sector Industry International Sales; Sam Liew, Chief Executive, Gov+, NCS; Ng Kuo Pin, Chief Executive Officer, NCS; Wynthia Goh, Senior Partner, NEXT, NCS; Yoon Young Kim, Cluster President, Singapore and Brunei, Schneider Electric and Howie Lau, Managing Partner, Corporate Development & Partnerships, NCS, at the NCS Impact forum 2024, where NCS announced strategic partnerships with industry leaders to further facilitate AI adoption and digital resilience.
Strategic Partnerships with Global Players
NCS announced several strategic partnerships with industry leaders to further facilitate AI adoption and digital resilience. NCS is partnering Amazon Web Services (AWS) to launch its inaugural Generative AI Centre of Excellence (CoE) for Public Good with AWS’s Generative AI Innovation Centre (GAIIC)[1]. Customised for the APAC public sector, the CoE will leverage AWS’s team of strategists, applied scientists, engineers, and solutions architects through the GAIIC’s Partner Innovation Alliance programme to envision, scope, and accelerate public sector solutions using AWS. The collaboration combines NCS’ end-to-end capabilities and industry experience with AWS’s Generative AI services and global expertise.
Elsie Tan, Country Manager, Worldwide Public Sector, Singapore, AWS said, “We’re excited to collaborate with NCS to establish its inaugural CoE for Public Good that will accelerate the delivery of innovative citizen services. At AWS, we help customers move Generative AI from theory into practice by providing purpose-built services and expert guidance. Through this collaboration, we’ll empower NCS to bring Generative AI workloads to life and help public sector agencies drive impactful outcomes for the people they serve.”
NCS is collaborating with Dell Technologies to leverage Dell AI Factory with NVIDIA,as an early adopter in APAC and Japan to further accelerate adoption of Generative AI solutions by enterprises in the region. With their combined expertise in Generative AI and breadth of industry experience, NCS and Dell are committed to simplifying clients’ AI adoption journeys and enhancing proof of concept efforts. This collaboration allows clients to explore customised and pre-validated solutions to turbocharge their Generative AI projects in a modular manner.
NCS also signed an MOU with Schneider Electric, the global leader in the digital transformation of energy management and automation, as the first-in-Asia partner under Schneider’s Sustainability Partner Program to provide clients end-to-end sustainability offerings and AI-enabled solutions. The partnership additionally leverages the deep expertise of both companies to better address higher density computing demands from Generative AI workloads and meet emissions compliance requirements, through innovations in sustainable and energy-efficient cooling systems for GPUs and CPUs. Clients will also benefit from a holistic suite of green offerings including education, consulting, solutions and services, tailored to better reduce their carbon footprints and progress towards Singapore Green Plan 2030 and Net Zero.
Yoon Young Kim, Cluster President, Singapore and Brunei, Schneider Electric said,“Our partnership with NCS represents a critical step towards setting a new standard in sustainability for data centres. The urgency to decarbonise the energy-intensive data centre sector cannot be overstated, even as Singapore and the rest of the world double down on cutting down greenhouse gas emissions from our operations. By leveraging our respective expertise, we aim to enable clients to achieve new operational efficiencies, reduce their data centre carbon footprints, and realise significant energy cost savings.”
NCS is collaborating with Income Insurance to extend location-based, hourly travel insurance for travellers in Singapore through the innovative Breeze mobile app. With this new offering, Breeze users will soon be able to receive location-based recommendations for FlexiTravel Hourly Insurance that offer pay-per-hour travel insurance for short trips when travelling to nearby countries. Additionally, Income’s motor insurance policy holders can use Breeze to access anin-app module for accident reporting and to contact Income Orange Force for assistance. The partnership lays the foundation for the future use of data and AI to enhance insurance services, such as providing supplementary data for accidents using mobile device sensor analytics.
Peter Tay, Chief Digital Officer, Income Insurance said, “We are constantly looking to work with like-minded partners in closing protection gaps. Through this collaboration with NCS, we are able to leverage smart, real-time data to extend insurance protection to motorists and travellers. With valuable insights and data via Breeze, we can better co-create customer-centric insurance innovations to meet modern lifestyle needs.”
Building the AI Talent Pipeline
As NCS becomes intelligence-led, the company has been infusing AI across the organisation and building a pipeline of future AI talent. It has equipped its 13,000-strong workforce located across APAC with AI-powered services and solutions to enhance productivity and transform how NCS operates and delivers its services. NCS will also create a 3,000-strong AI-certified practitioner base to accelerate implementation and deployment of clients’ AI projects. Over 300 of them will serve as AI experts with deep AI expertise to lead cutting-edge AI innovations. NCS will work with the Infocomm Media Development Authority (IMDA) to achieve these ambitions through the TechSkills Accelerator (TeSA) initiative as well as upskill and reskill their workforce to become confident AI users through courses offered by the Information & Communications (I&C) Jobs Transformation Map Training Partners.
Kiren Kumar, Deputy Chief Executive Officer, IMDA said, “In support of Singapore’s National AI Strategy, IMDA is committed to working with companies to build a strong AI talent ecosystem in Singapore. We will continue to support NCS to upskill their workforce, developing AI practitioners and specialists to build and deploy AI-enabled system.”
Hashtag: #NCS
The issuer is solely responsible for the content of this announcement.
About NCS
NCS, a subsidiary of Singtel Group, is a leading technology services firm with presence in Asia Pacific and partners with governments and enterprises to advance communities through technology. Combining the experience and expertise of its 13,000-strong team across 57 specialisations, NCS provides differentiated and end-to-end technology services to clients with its NEXT capabilities in digital, data, cloud and platforms, as well as core offerings in application, infrastructure, engineering and cybersecurity. NCS also believes in building a strong partner ecosystem with leading technology players, research institutions and start-ups to support open innovation and co-creation. For more information, visit ncs.co.
HONG KONG SAR – Media OutReach Newswire – 11 July 2024 – This news release is made by Johnson Electric Holdings Limited (“Johnson Electric” or the “Company” and together with its subsidiaries, the “Group”) for the business operations and selected unaudited financial information of the Group for the three months ended 30 June 2024.
The Group’s sales for the quarter ended 30 June 2024 were US$935 million compared to US$954 million for the same quarter in financial year 23/24, a decrease of 2%. Exchange rate movements had a US$8 million unfavourable impact on the Group’s sales for the quarter. Without the effect of currency movements, the sales decline would have been approximately 1%.
Sales of Automotive Products Group (“APG”)
APG’s sales for the quarter ended 30 June 2024 were flat at US$788 million compared to the same quarter in financial year 23/24. Excluding currency effects, APG’s sales increased by US$5 million or 1% in the quarter, while global light vehicle industry production volumes remained unchanged.
In Asia-Pacific, sales increased by 7% while light vehicle production in the region grew 3%. Most product segments experienced growth, with particularly strong performance in thermal management, oil pumps, vision and steering mainly due to new program launches and volume increases. In Europe, the Middle East and Africa (“EMEA”), sales decreased by 4% compared to a 5% decline in light vehicle production in the region. Sales of steering and oil pumps decreased, somewhat offset by an increase in products for closure and seat applications. In the Americas, sales decreased by 2% while light vehicle production declined by 1%. Sales of powder metal components, thermal management and seat product applications decreased, primarily due to customer mix and the phasing of certain programs, partially offset by increased sales of oil pumps and products for closure and braking applications.
The division’s sales changes by region, excluding currency effects, were as follows:
Quarter ended 30 June 2024
Asia-Pacific
7%
Increase
Europe, Middle East and Africa
4%
Decrease
Americas
2%
Decrease
Total
1%
Increase
Sales of Industry Products Group (“IPG”)
IPG’s sales for the quarter ended 30 June 2024 were US$147 million, a decrease of US$16 million or 10% compared to the same quarter in financial year 23/24. Currency effects were insignificant.
Sales in EMEA and the Americas declined due to surplus inventory in manufacturing and retail channels and soft end-market demand. This was further compounded by consumers exercising caution in their discretionary spending, delaying purchases, and gravitating towards the more affordable end of the market. In contrast, sales in Asia-Pacific increased during the quarter as certain customers resumed placing replenishment orders having consumed the previous levels of excess inventory, and also due to some new business wins.
The sales changes for IPG by region, excluding currency effects, were as follows:
Quarter ended 30 June 2024
Asia-Pacific
6%
Increase
Europe, Middle East and Africa
18%
Decrease
Americas
12%
Decrease
Total
10%
Decrease
Chairman’s Comments on Sales Performance and Outlook
Commenting on the first quarter’s sales performance, Dr. Patrick Shui-Chung Wang, Chairman and Chief Executive, said: “As previously reported in our year-end results announcement, trading conditions at the start of financial year 24/25 have been comparatively subdued. This partly reflects the exceptionally strong level of sales to the automotive sector in the first quarter of the prior financial year, when the industry was experiencing a sharp rebound in demand following a protracted period of supply constraints. Since then, automotive industry volumes have gradually returned to more normalised levels that reflect the state of the global economy and the vehicle replacement cycle. In this context, our Automotive Products Group’s sales remain resilient, and the division continues to make encouraging progress in rolling out innovative technology solutions that strengthen its position as a market leader in motion products and subsystems that are critical enablers to the industry’s electrification transition. On the other hand, the Industry Products Group, which contributes approximately 16% of total sales, continues to experience a challenging near-term outlook given the low levels of consumer confidence and cautious spending on discretionary hardware products in many of its largest markets. IPG’s management team is working aggressively to focus resources on segments that offer the most compelling long-term growth potential while, at the same time, ensuring that the cost base is optimised to remain competitive in more commoditized product applications.”
Cautionary Statement
Shareholders and potential investors in the Company are reminded that the information provided in this news release, including information related to the expected outlook for the full year, is based on the Group’s unaudited internal records and management accounts. This information has not been reviewed or audited by the Company’s auditors.
Shareholders and potential investors should exercise caution when dealing or investing in the shares of the Company. Hashtag: #JohnsonElectric
The issuer is solely responsible for the content of this announcement.
About Johnson Electric Group
The Johnson Electric Group is a global leader in electric motors, actuators, motion subsystems and related electro-mechanical components. It serves a broad range of industries including Automotive, Smart Metering, Medical Devices, Business Equipment, Home Automation, Ventilation, White Goods, Power Tools, and Lawn & Garden Equipment. The Group is headquartered in Hong Kong and employs over 30,000 individuals in 22 countries worldwide. Johnson Electric Holdings Limited is listed on The Stock Exchange of Hong Kong Limited (Stock Code: 179). For further information, please visit: www.johnsonelectric.com.
Banks must stay ahead of technology development and climate risks to thrive in fast-changing
HONG KONG SAR – Media OutReach Newswire – 11 July 2024 – Banks in Hong Kong saw moderate balance sheet growth last year with notable increases in net interest margins (NIM) and operating profit amid higher interest rates. In line with KPMG’s prediction in its 2023 Hong Kong Banking Report, the higher interest rate environment continued to benefit banks in improving profitability with a notable increase in NIM. In 2024, the firm expects banks in Hong Kong will lay the groundwork for the sector’s future development, despite the challenging conditions.
KPMG’s report Getting Set for the Future of Banking: Hong Kong Banking Report 2024 includes key statistics and analysis of the performance of banks in 2023, as well as expert insights into some of the major trends and key topics affecting banks, from the advance of new technology to evolving climate risk.
Paul McSheaffrey, Senior Banking Partner, Hong Kong, KPMG China, says, “Despite the uncertain external environment, the banking sector saw strong performance on margins and moderate growth in its overall balance sheet during the year. Looking ahead, banks will continue to benefit as interest rates may stay at higher levels than forecast. However, the timing and pace of a rate cut are still subject to uncertainties, so banks should plan their strategies accordingly.”
In 2023, the total assets of all licensed banks expanded by 2.7% to HKD 23 trillion. In line with KPMG’s prediction, the higher interest rate environment continued to benefit banks in improving profitability with a notable increase in NIM. The NIM for all licensed banks increased by 30 bps in 2023 to 1.84%, while operating profit before impairment charges for all licensed banks increased by 34.7% to HKD 295 billion.
For banks with more exposure to capital markets, KPMG sees that a shift to a lower interest rate environment will provide supporting tailwinds as it would benefit those with investment banking and wealth management operations as equities become more attractive. Capital market activities, equity risk premiums, businesses leveraged to cost of funding as well as the inevitable cash risk premium ‘opportunity cost’ are additional factors that will impact each bank differently as the interest rate cycle shifts.
Jia Ning Song, Head of Banking and Capital Markets, Hong Kong,KPMG China, says: “While Generative AI is the trending topic in 2024, it will likely take some time for use cases to emerge, and true adoption and productivity gains from GenAI will probably become the story of 2025 and beyond. Many banks in Hong Kong are now exploring ways to leverage GenAI while also balancing the risks involved. Banks will need to take steps to ensure the responsible use of GenAl and take into account the regulator’s expectations around the use of this type of technology. Hong Kong is also well placed to make use of advances in technology to help banking clients to manage the risks related to climate change.”
Climate risk is a major ESG-related concern for banks in Hong Kong, and the unprecedented extreme weather in the city last year highlighted the urgency of climate change. The financial services sector plays a crucial role in mitigating climate-related risks and helping Hong Kong achieve its goal of carbon neutrality by 2050. Over the past year, banks have been preparing for the HKMA’s Climate Risk Stress Test, due in June 2024. This aims to provide the regulator with a comprehensive understanding of banks’ climate resilience, focusing on both physical risk and transition risk.
Cost optimisation is another key area of focus. KPMG expects that in the next few years banks will be focused on consolidating common capabilities, the elimination of non-value add activities, digitising key functions, reducing labour costs, critically linking process metrics to customer outcomes, and managing credit risk.
Simon Shum, Partner, Financial Services, KPMG China, says: “As higher interest rates will continue to improve profitability, banks need to be vigilant in managing the credit risk in their loan portfolios. The anticipated reductions in rates along with a continued increase in cost, means that the challenge for managing costs and creating headroom for continued investment has become an imperative.”
Going forward, the key focus for the credit quality outlook will be the exposures to the Chinese Mainland real estate sector and Hong Kong’s SMEs. Any further measures taken by the Chinese Mainland authorities to contain and manage the issues arising from the real estate sector will be crucial in stabilising the market and limiting defaults among borrowers. Separately, the pace and strength of Hong Kong’s economic recovery from the lingering impacts of Covid will be another key factor, as a robust rebound in the city’s economy will contribute to improved credit conditions, especially for SMEs.
Talent retention and acquisition remained challenging for the banking industry in general, the total staff costs of the surveyed banks stayed broadly consistent with a slight increase of 3.2% in 2023. Talent schemes under the Fintech 2025 platform include the Fintech Career Accelerator Scheme, which has a variety of programmes for students and graduates, and the Industry Project Masters Network for post-graduates, which should help ease the talent shortage in this key area.
Hashtag: #KPMG
The issuer is solely responsible for the content of this announcement.
About KPMG China
KPMG China has offices located in 31 cities with over 14,000 partners and staff, in Beijing, Changchun, Changsha, Chengdu, Chongqing, Dalian, Dongguan, Foshan, Fuzhou, Guangzhou, Haikou, Hangzhou, Hefei, Jinan, Nanjing, Nantong, Ningbo, Qingdao, Shanghai, Shenyang, Shenzhen, Suzhou, Taiyuan, Tianjin, Wuhan, Wuxi, Xiamen, Xi’an, Zhengzhou, Hong Kong SAR and Macau SAR. Working collaboratively across all these offices, KPMG China can deploy experienced professionals efficiently, wherever our client is located.
KPMG is a global organisation of independent professional services firms providing Audit, Tax and Advisory services. KPMG is the brand under which the member firms of KPMG International Limited (“KPMG International”) operate and provide professional services. “KPMG” is used to refer to individual member firms within the KPMG organisation or to one or more member firms collectively.
KPMG firms operate in 143 countries and territories with more than 265,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. Each KPMG member firm is responsible for its own obligations and liabilities.
KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.
In 1992, KPMG became the first international accounting network to be granted a joint venture licence in the Chinese Mainland. KPMG was also the first among the Big Four in the Chinese Mainland to convert from a joint venture to a special general partnership, as of 1 August 2012. Additionally, the Hong Kong firm can trace its origins to 1945. This early commitment to this market, together with an unwavering focus on quality, has been the foundation for accumulated industry experience, and is reflected in KPMG’s appointment for multidisciplinary services (including audit, tax and advisory) by some of China’s most prestigious companies.
The Vientiane Department of Energy and Mines is working to compensate residents affected by the construction of a new 230kV transmission line. This line connects the Phialath and Naxaithong power stations and has impacted a total of 253 families.
Nicholas Bongsosartono takes on the leadership role at DHL Global Forwarding Indonesia
JAKARTA, INDONESIA – Media OutReach Newswire – 11 July 2024 – DHL Global Forwarding, the freight specialist of DHL Group, has appointed Nicholas Bongsosartono as the new President Director of DHL Global Forwarding Indonesia. Based in Jakarta, Bongsosartono will report to Thomas Tieber, CEO of DHL Global Forwarding, Southeast Asia and South Pacific.
Nicholas Bongsosartono takes on the leadership role at DHL Global Forwarding Indonesia
In this new position, Bongsosartono will drive growth, improve operational efficiency, and deliver service excellence to customers in the Indonesia market.
“Indonesia represents one of the dynamic markets in the region, with an expected GDP growth of 5.1%1 this year. We are delighted that we have managed to promote internally, a testament to our dedication to nurturing talent and providing opportunities for our employees to thrive and excel in their roles.
Nicholas’s knowledge of the market and our business will play a pivotal role in strengthening our position in Indonesia, and delivering reliable and sustainable logistics solutions to our customers. His extensive experience across various aspects of the logistics industry, including air and ocean freight, inland transpiration, customs brokerage, as well as contract logistics, makes him well-suited for this leadership position,” says Thomas Tieber, CEO of DHL Global Forwarding Southeast Asia and South Pacific.
Bongsosartono joined DHL Global Forwarding Indonesia in May 2023 as Head of Airfreight. Before this, he was the Head of Product Management at AP Moller-Maersk for Indonesia and the Philippines, where he designed and managed a comprehensive portfolio of commercial products and services.
Bongsosartono also brings valuable expertise from his previous roles, where his responsibilities included health, safety, security, and environment, as well as procurement of goods and services such as warehousing, trucking, and customs clearance services. Additionally, he gained a wealth of experience in information technology as the IT manager of a logistics company in the early stages of his career.
“Indonesia is a very exciting market with stable growth expected from growing investments and consumer spending. I am optimistic about the thriving freight industry in Indonesia and confident that my experiences, combined with the exceptional team at DHL Global Forwarding Indonesia, will be instrumental as we enhance DHL’s footprint and foster regional connectivity,” said Bongsosartono.
DHL Global Forwarding Indonesia has been expanding its presence and enhancing its service offerings to respond to customers’ evolving needs. In March 2024, the company launched its first EV logistics Hub in Batam, Indonesia to contribute to the country’s integrated EV supply chain development. It was also at the forefront of electric last-mile delivery in Jakarta, being the first freight forwarder to deploy an electric van in the city. Recently, DHL Global Forwarding Indonesia has also been certified as a Great Place to Work®, achieving exceptional scores above 90 percent.
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.
Prime members can expect incredible savings including up to 70% off books for all ages, and deep discounts of at least 50% off on brands like Acer, Lenovo and Owala.
Look out for Amazon Prime Day on the Go roving truck to experience the excitement of Prime Day and discover amazing deals.
Prepare your Wishlist, shop early deals, and stay up to date with the latest Prime Day news at Amazon.sg/primeday
SINGAPORE – Media OutReach Newswire – 11 July 2024 – (NASDAQ: AMZN)Get ready for Amazon Singapore’s annual deal event as Prime Day returns with the longest event ever to Singapore, spanning six days from 16 to 21 July at Amazon.sg/primeday.Prime members can look forward to exclusive access to thousands of deals across popular categories like Books, Toys, Electronics, Household & Kitchen and Baby.
Beyond deals and exclusive offers for Prime customers, members of the public can experience the excitement at Amazon’s Prime Day on the Go roving truck from 12 to 14 July, and 16 July at Bugis+ in Singapore. Simply show your Amazon.sg app to participate. Visitors can get a sneak peek at the exciting deals and products available on Prime Day through engaging interactive games and activities at this free public event. Local artist, Ee Shaun, will also be present on 13 and 14 July from 6pm to 8pm at Bugis+ to customise items at the live artist booth.
Scan the QR codes in the truck to start shopping on Amazon.sg/primeday and redeem a free ice cream*!
*While stocks last
Experience the Biggest Prime Day with Incredible Deals
From 16 to 21 July, Prime members can enjoy an extended window to grab amazing deals and savings on products from Amazon.sg. Shoppers can also enjoy fast and free shipping on a wide range of eligible products across popular categories. Terms and conditions apply.
A preview of the top Prime Day deals that Prime members can expect include:
Toys, Books & Baby
Save up to 70% off selected books for book lovers of all ages
Save up to 50% off Children books
Save up to 50% off selected toy brand boxes from LEGO, Transformers, Playdoh, Hot Wheels and Paw Patrol
Save up to 40% off selected baby toys from Leapfrog and Skiphop
Save up to 40% off selected baby products from Ride Safer, Cybex, Joovy and Lovevery
Save up to 40% off Toys from Ravensburger, Funko, Playmobil, LOL Surprise
Save up to 30% off selected nursing and feeding essentials from Spectra and Haenim
PC & Electronics
Save up to 60% off selected laptops from brands including Lenovo, MSI and LG
Save up to 50% off selected headphones and earbuds from brands including Bose, Sennheiser, Sony and Jabra
Save up to 45% off on Sennheiser products, and additional $5 off with $200 min. spend
Save up to 40% off selected TV, soundbar and speakers from LG, Sonos, JBL and Marshall
Save up to 40% off selected items from Fitbit and Google
Save up to 40% off selected mobile phones from Google, Samsung, Apple and OPPO
Save up to 30% off smartwatches and activity trackers from brands including Garmin, Google and Fitbit
Save up to 30% off on LG products and additional $25 off with $200 min. spend.
Save up to 30% off Nintendo and Playstation games
Home & Kitchen
Save up to 50% off selected home products such as vacuums, irons and humidifiers
Save up to 50% off selected kitchen products such as coffee machines, cookware, cookers and fryers
Save up to 50% off selected items from popular home and kitchen brands including Owala, Oxo and Lodge
Save up to 30% off products from popular home brands including SharkNinja, Tefal, Philips and Muji
Save up to 60% off selected bedsheets and covers from Epitex
Save up to 45% off Sk hynix solid state drives
Save up to 45% off Braun & Oral B
Save up to 40% off selected UGREEN chargers and USB hubs
Save up to 40% off selected massagers and weighing scales from Renpho
Save up to 40% off selected phone cases and accessories from Spigen
Save up to 30% off PicassoTiles Magnet Building Tiles
Selections from Amazon Fresh & Fast
Save up to 30% off selected grocery staples from brands including San Pellegrino, Acqua Panna, and Frenz
Save up to 30% off selected snacks from KIND’s, Remedy, and more
Save up to 30% off selected fresh seafood from Serve by Hai Sia
Save up to 30% off selected items from brands including Colgate, Softlan and Ajax
Save up to 30% off selected beers from brands including Asahi, Peroni Pure Blonde Low Carb
Additional Prime Day perks:
Promotions: Enjoy greater savings when shopping on Amazon.sg and Amazon Fresh. From 16 July, visit amazon.sg/bankpromotions for more information.
Bank promotions
DBS cardholders can get S$12 off S$150 or S$18 off S$200 when they spend on Amazon.sg and S$10 off S$170 when they spend on Amazon Fresh
HSBCcardholders can get S$8 off S$120 when they spend on Amazon.sg and S$8 off S$150 when they spend on Amazon Fresh.
Citibank MasterCardcardholders can get S$15 off S$150 or more when they spend on Amazon.sg.
Buy Now, Pay Later with Grab and Atome on Amazon.sg
Get S$15 off S$200 min spend with PayLater by Grab
Get S$12 off S$150 min spend with Atome
Looking for more payment promotions? Get 2% off your purchase, capped at S$50 when you use PayNow, with no minimum spend from 25 June till 21 July.
Amazon Fresh
Get 20% off your first order with minimum spending of S$40 on Amazon Fresh. Existing Prime members can enjoy S$18 off with a minimum spending of S$150, and S$25 off with a minimum spending of S$200 on Amazon Fresh.
New Prime customers on Watsons on Amazon.sg can enjoy S$10 off your first order with minimum spending of S$60. Existing Watsons customers on Amazon.sg can enjoy S$12 off with a minimum spending of S$100 on Watsons on Amazon.sg.
New Prime customers on Little Farms on Amazon.sg can enjoy S$15 off your first order with minimum spending of S$80. Existing Little Farms customers on Amazon.sg can enjoy S$15 off with a minimum spending of S$100 on Watsons on Amazon.sg.
Prepare for Prime Day
Not a Prime member yet? This is the best time to join Prime! Sign up for a Prime membership ahead of Amazon Prime Day event to shop exclusive deals, and get the most out of Amazon.sg including fast, free shipping across a wide selection of eligible products, quality entertainment, and exclusive savings. Start a 30-day free trial at amazon.sg/prime. Terms and conditions apply.
Set up deal alerts: Prime members can subscribe to receive deal alert notifications related to their recent Amazon searches and recently viewed items. All they have to do is visit the Prime Day event page on the Amazon app between now and Prime Day to create deal alerts. Once Prime Day arrives, members will receive push notifications on any available deals.
New “For You” Feature: Customers who are logged on to their Amazon.sg account can see recommended deals across all deals based on shopping history, wishlist, and more.
Enjoy convenient Delivery and Return options: Prime members can enjoy fast and free shipping on millions of eligible items across domestic selection, Amazon Fresh as well as Amazon International Store. Need to return an item from US or Japan? Easy – customers can now experience hassle-free and faster returns, including pick-up from your address or via a drop-off center. More information here.
Shop for Good this Prime Day Amazonmakes it easier for customers to give back through the Amazon x Shop for Good Wishlist. While shopping during Prime Day, customers can also support local non-profit organizations (NPOs) and their causes by purchasing items off their Amazon wishlist – a depository of items they need the most. Shoppers keen to do good can donate through the wishlist.
Shop Deals from Small and Medium-Sized Businesses Prime Day provides small and medium-sized businesses with the opportunity to promote their products to more than 200 million Prime members around the world. Visit Amazon.sg/smallbusinesses to start shopping from small business sellers and visit Amazon.sg/primeday for the latest Prime Day news.
* Terms and Conditions apply to all promotions and offers listed in this article. Hashtag: #Amazon #primeday
The issuer is solely responsible for the content of this announcement.
Find Prime Day Around the World
Prime Day will kick off on July 16 in Australia, Austria, Belgium, Brazil, Canada, Egypt, France, Germany, Italy, Japan, Luxembourg, Mexico, the Netherlands, Poland, Portugal, Saudi Arabia, Singapore, Spain, Sweden, Turkey, the United Arab Emirates, the U.S., and the UK. Prime members in India can shop Prime Day later this summer.
Every Day Made Better with Amazon Prime
Amazon Prime was designed to make your life better every single day. Over 200 million paid members around the world enjoy the many benefits of Prime, including the best of shopping and entertainment. In Singapore, Prime membership includes unlimited access to award-winning movies and TV episodes with Prime Video, free gaming benefits with Prime Gaming, Prime Day, and more. Prime was built on the foundation of unlimited fast, free shipping. Prime members enjoy access to free one-day delivery on eligible domestic items, free international delivery with no minimum spending on eligible items, free delivery on selected delivery windows for orders of S$100 and above on Amazon Fresh and free 2-hour scheduled delivery for orders of S$60 and above on Watsons and Little Farms on Amazon.sg. Prime is S$2.99 per month. Start a 30-day free trial of Prime at Amazon.sg/prime.
About Amazon
Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, personalized recommendations, Prime, Fulfillment by Amazon, AWS, and Kindle are some of the products and services pioneered by Amazon. For more information, visit Amazon.sg.
HONG KONG SAR – Media OutReach Newswire – 11 July 2024 – Canon Hongkong Company Limited (Canon Hong Kong) successfully held the “13th Canon x McDull Inter-school Ink Cartridge Recycling Award Presentation Ceremony cum Green Carnival” at the Canon Business Experience Center on 6 July 2024. Aiming at commending the winning schools for their outstanding performance in ink cartridge recycling, various green recycling booths and fun workshops were set up in addition to awards presentation, providing interesting environmental education activities to the participants.
Adhering to Canon’s corporate philosophy “Kyosei”, Canon Hong Kong has spared no effort to promote environmental conservation over the years and injected green elements into different kinds of corporate activities. Since the launch of “Ink Cartridge Recycling Program” in 2009, McDull, a local cartoon icon, has been invited to serve as the program ambassador. With the ambition of cultivating the environmental awareness of the next generation, the program was extended to the education sector in 2011, calling on support from primary and secondary schools. Now in its 13th year, the annual “Inter-school Ink Cartridge Recycling Competition” has received overwhelming responses from different sectors of the society. More than 300 organizations and schools have set up recycling boxes to encourage the public to recycle used inkjet printer cartridges. At the same time, Canon Hong Kong has organized over 200 sessions of “Environmental Seminar” for participating schools, reaching over 69,000 students to promote the importance of recycling. As of June 2024, over 276,000 ink cartridges were collected, with more than 6.3 tons of plastics recycled and over 9.5 tons of CO2 emissions reduced, equivalent to the amount absorbed by 414 trees annually. Recycled ink cartridges were dismantled, while the metals and plastics were being recycled into raw materials for other products.
In the keynote speech at the ceremony, Mr. Kazuhiro Ozawa, President and CEO of Canon Hong Kong, affirmed the winning schools for their exemplar dedication in promoting recycling. A total of 10 schools were recognized in the aspect of “Highest No. of Recycled Ink Cartridges” and “Highest No. of Recycled Ink Cartridges Per Head” respectively. Mr. Kazuhiro Ozawa expressed gratitude for the active support from the academic sector. He emphasized the importance of promoting environmental protection to the young generation and urged schools to build a better and sustainable society together by continuously responding to green initiatives.
After the ceremony, Canon Hong Kong arranged an array of green recycling booths and workshops for teachers, students and parents. These included the “Banner Upcycling Workshop” hosted by Canon Hong Kong’s green partner “The Green Earth”, turning discarded advertising banners into multi-functional handicrafts such as Octopus cardholders or name cardholders. Green Earth volunteers also shared different waste problems currently facing Hong Kong and hoped to raise students’ concerns about recycling. The “Green Education Corner and Recycling Activity” held by Baguio iRecycle Limited allowed students to understand better the 7 classifications of plastics and the correct recycling methods through interactive games; participants were also encouraged to bring along items such as clean clothes for on-site recycling. Apart from that, students brought alive exquisite 3D paper crafts using Canon branded paper during the “Creative Park Workshop”. The “Instant Photo Shoot and Print with McDull” and “Face Painting” were also highlights of the event. Hashtag: #CanonHongkong
The issuer is solely responsible for the content of this announcement.
About Canon Hongkong Company Limited
Canon Inc. (TSE:7751 / NYSE:CAJ) was founded in 1937 in Japan. Its predecessor, Precision Optical Instruments Laboratory, produced Japan’s first 35 mm focal-plane-shutter camera “Kwanon” in 1934. From there, Canon Inc. expanded into the photocopying and printing industries, launching Japan’s first plain-paper copier NP-1100 in 1970 and the world’s first inkjet printer BJ-80 in 1985. Through the years, Canon Inc. has acquired in-depth experience in digital imaging product manufacturing, research and development. Pioneering in innovative product development, Canon Inc. holds the most technology patents in the imaging industry. Canon Inc. also makes significant contributions to promote photography. Today, Canon Inc. has a strong global presence, representing one of the most important market players in the imaging, office and industrial product categories. As of 31 December 2023, Canon’s global revenue was US$29.44 billion.
In 1971, Canon Hongkong Co., Ltd. (Canon Hong Kong) was established as one of the first Canon offices in Asia. Canon Hong Kong is a Total Imaging Solution provider, providing professional pre-sales, marketing and after-sales services for all Canon products and solutions in Hong Kong and Macau. With the solely owned subsidiary Canon Business Solutions (Guangdong) Co., Ltd. established in 2018; the company continues to deliver intelligent total business solutions and professional services to Greater Bay Area. Canon Hong Kong adheres to Canon’s corporate philosophy of “Kyosei”, encouraging the company and staff to engage in social, charitable and environmental activities for the community. Implementing an internationally recognized management system, Canon Hong Kong has achieved ISO 9001, ISO 14001, ISO 45001 and ISO 27001 (Canon Digital Production Center) certifications.
For more information about Canon Hong Kong, please visit our website: https://hk.canon.