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AVIS Singapore Refines Car Rental Standards

AVIS Singapore sets new standards in car rentals, aiming to improve service quality and customer satisfaction.


SINGAPORE – Media OutReach Newswire – 10 July 2024 – AVIS Singapore, part of the global mobility solutions provider, Avis Budget Group, announces significant enhancements to its car rental services, aiming to improve the customer experience and establish new benchmarks within the industry.

AVIS Singapore sets new standards in car rentals.
AVIS Singapore sets new standards in car rentals.

Effective immediately, it is upgrading its service offerings to increase convenience and reliability for both short-term and long-term clients. This initiative demonstrates AVIS’ dedication to quality and customer satisfaction and emphasizes its commitment to providing affordable and reliable vehicle rentals in Singapore’s competitive automotive sector.

Service Enhancements

AVIS Singapore’s latest offerings address key customer pain points by ensuring vehicle cleanliness, top-notch maintenance, rigorous safety standards, and transparent pricing for its three pillars of service — short-term car rentals, long-term car leasing, and chauffeur drive services. The company also maintains an updated fleet of vehicles reserved exclusively for personal hire, all subjected to strict maintenance protocols.

Further driven by customer feedback, AVIS has implemented substantial enhancements to its fleet and operational standards. These initiatives are not merely improvements but are aimed at setting new industry benchmarks for customer experience and service excellence.

Benefits for Loyal Customers

Members of Avis Preferred, AVIS’ loyalty programme, will continue to enjoy exclusive benefits, both locally and globally, across 180 countries. For long-term lease clients, AVIS ensures hassle-free mobility with comprehensive coverage, including maintenance, breakdown assistance, and replacement vehicles. New sign-ups for long-term leases are also eligible for a limited-time offer: a promotional $500 voucher redeemable at over 50 renowned establishments.

Strategic Partnerships and Accessibility

Reinforcing its market leadership, AVIS Singapore has established strategic partnerships with major credit card companies like American Express, Mastercard, and Visa to provide Avis Preferred customers with exclusive discounts and benefits, enhancing the value they receive and solidifying AVIS Singapore’s status as a leader in the automotive rental industry. AVIS also maintains convenient locations for car rental, including at Changi Airport Terminals 2 and 3 and in the central business district.

For more information, please visit AVIS Singapore’s website.
Hashtag: #AVISSingapore


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

AVIS Singapore

AVIS Singapore, part of Avis Budget Group since 1961, leads the local car rental market. Located strategically at Changi Airport (Terminals 2 and 3) and Havelock Road, AVIS offers reliable rental solutions. As a member of the globally recognised Avis Budget Group — operating in 180 countries with over $12B in revenue — AVIS Singapore embodies the group’s commitment to innovation, customer focus, and sustainable mobility.

PTT Oil and Retail Business Public Company Limited Secures AA+ TRIS Rating; Sets Stage for Global Expansion and Reinforces Market Leadership with PTT Lubricants Brand


BANGKOK, THAILAND – Media OutReach Newswire – 10 July 2024 – PTT Oil and Retail Business Public Company Limited (OR), a key player within the PTT Group and a leader in Thailand’s oil retail sector, proudly announces the reaffirmation of its “AA+” credit rating by TRIS Rating Co., Ltd., Thailand’s premier credit rating agency. This marks the second consecutive year OR has achieved this high rating, which comes with a “Stable” outlook. This recognition underscores the company’s exceptional operational performance and strong financial health, both critical as it continues to expand its market presence globally.

PTT Oil and Retail Business Public Company Limited Secures AA+ TRIS Rating


Continued Excellence in the Thai Oil Retail Market

Mr. Disathat Panyarachun, Chief Executive Officer of OR, expressed his pride in the company’s ongoing leadership in distributing both retail oil and commercial petroleum products across Thailand. “This sustained top-tier rating from TRIS not only highlights our robust financial policies but also reinforces our pivotal role within the PTT Group in efficiently distributing petroleum products,” said Mr. Panyarachun.

Strengthening Market Leadership with PTT Lubricants

As the manufacturer and distributor of PTT Lubricants for over three decades, OR has secured the leading market share in Thailand. The company is dedicated to innovation under the guiding principle of “The Moving Innovation,” focusing on creating advanced product formulas for automotive and industrial applications and forming OEM partnerships with various car manufacturers.

“Our commitment to continuous improvement in product quality and innovation is designed to meet the changing needs of our customers,” Mr. Panyarachun added. OR’s state-of-the-art Automated Lubricants Distribution Center, with a yearly capacity of 260 million liters, supports efficient market expansion both in Thailand and internationally. The company also enhances its competitive edge by offering extensive product knowledge training and after-sales services to both consumers and distributors.

Global Expansion and Recognition

PTT Lubricants has successfully extended its reach beyond domestic markets, exporting to over 40 countries across the AEC, Asia, Africa, and Europe. This international presence underscores the brand’s quality and reliability, affirming its status as a trusted global brand. “Our international success is a testament to the global competitiveness of PTT Lubricants. We continue to focus on expanding our market presence and meeting the sophisticated needs of consumers worldwide,” stated Mr. Panyarachun. The expansion strategy includes leveraging brands like Café Amazon and PTT Station alongside PTT Lubricants to enhance its market presence globally.

PTT Lubricants Accelerates Market Influence Across Southeast Asia and Taiwan

Indonesia emerges as a pivotal market for PTT Lubricants, fueled by its fast-growing automotive sector, economic progress, and demographic expansion. PTT Lubricants has partnered with PT Sumber Suwarna Unisindo, a seasoned distributor renowned for its deep expertise in the lubricant industry, covering both automotive and industrial applications. This collaboration ensures the delivery of superior quality products complemented by exceptional after-sales services to Indonesian consumers. More details can be found at pttlubricants.co.id

In the Philippines, the consistent upward trajectory in the demand for automotive and industrial lubricants solidifies the country’s importance to PTT Lubricants. Distribution is expertly handled by PTT Philippines Corporation (PTTPC), a direct subsidiary of OR, which also diversifies its portfolio with ventures like PTT Station fuel stations and Café Amazon coffee shops. Further information is available at pttphilippines.com

Malaysia‘s strategic position as a trade and investment nucleus in ASEAN, coupled with booming automotive and transportation sectors, makes it a key market for PTT Lubricants. Distribution channels are robust, with four main agents including TS Oil Pro Plt. and Big Essential Sdn. Bhd. in West Malaysia, and Efuel Service Sdn. and Golden Automotive Trading Sdn. Bhd. in East Malaysia, ensuring comprehensive market coverage. More details are available on the Facebook Fan page: PTT Lubricants Malaysia

Taiwan has seen over 14 years of PTT Lubricants’ presence, where it has solidified its market position through its distributor, Dynamax Petrochemical Ltd. The focus on high-quality motorcycle and gasoline products, along with strategic marketing efforts, has built a reputable image among high-end clients, including European luxury car owners and racing enthusiasts. Discover more at pttortw.com

Each of these markets plays a crucial role in PTT Lubricants’ strategy to deepen its international footprint, emphasizing the brand’s commitment to quality, innovation, and customer satisfaction.

Hashtag: #PTTOilandRetailBusiness #OR #PTTLubricants

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

About PTT Oil and Retail Business Public Company Limited (OR)

PTT Oil and Retail Business Public Company Limited (OR), a cornerstone of the PTT Group (BKK:PTT), champions a dynamic fusion of energy and retail to drive inclusive growth. OR is ardently committed to its revolutionary SDG framework—Small, Diversified, and Green. Embracing this ethos, OR uplifts communities, cultivates expansive business opportunities, and spearheads sustainability efforts with ambitious goals of achieving carbon neutrality by 2030 and net zero emissions by 2050. Through this dynamic framework, OR is setting new standards for sustainability and inclusivity in the industry.

Website:

Easier for Asia Pacific SMEs to go global with DHL Express digital tools

  • DHL Express’s digital tools are available to equip small and medium enterprises (SMEs) with knowledge and expertise to navigate the global marketplace from planning to aftersales

SINGAPORE – Media OutReach Newswire – 10 July 2024 – DHL Express is empowering small and medium enterprises (SMEs) with a suite of digital tools to expand their footprint, and increase international trade and shipping activities. These digital tools enable resource-constrained SMEs to better manage cross-border shipping logistics as they import and export goods and products from multiple sources and locations.

How DHL Express helps MSMEs sell globally
How DHL Express helps MSMEs sell globally

Evidence from the DHL Global Connectedness Report shows companies continue to have an appetite for international expansion. Globalization reached a record high in 2022, and most international flows are taking place over stable or longer distances. In ASEAN and Greater China, four in five businesses want to expand overseas, according to a study by UOB Group.

However, SMEs often face significant challenges in traversing the complexities of international trade. For instance, intricate customs processes, insufficient knowledge about exporting and international trade regulations, as well as a lack of internal staffing and financial resources significantly hinder their ability to enter global markets.

“We pride ourselves on being the provider of choice for all, including SMEs which form the backbone of many economies,” said Yung C. Ooi, Senior Vice President for Commercial – Asia Pacific, DHL Express. “In Asia Pacific, SMEs make up over 97% of all businesses, and we have heard from many of our customers that they face various challenges when selling globally. By providing SMEs with the tools and resources they need to easily trade and ship internationally, we can help them boost their presence in a dynamic global marketplace. Our international footprint and committed team of logistics experts can help SMEs reach their full potential.”

Recognizing these hurdles, DHL Express has developed a comprehensive suite of digital solutions to help SMEs and startups quickly sign up for an account anytime, anywhere and start selling globally. From planning to aftersales, the tools help SMEs streamline cross-border trade processes, reduce costs, and enhance operational efficiency, ultimately driving growth and competitiveness on a global scale.

  • My Global Trade Services (myGTS) is useful to sellers when they are still strategizing on where to do business. It is a free, online self-serve pre-shipment planner that companies can use to find the correct Harmonized System (HS) codes to classify products for shipping. Users can also obtain initial information on existing free trade agreements between the origin and destination country. This gives sellers a clear picture of the costs involved and enables them to price their products effectively.
  • Once the business is ready, they can open a DHL account anytime, anywhere. Start-ups and individual shippers that do not have a credit history can also set up a DHL account.
  • DHL Express Commerce integrates DHL Express shipping services with many e-commerce platforms to help businesses automate shipment creation and manage the fulfillment process. This is useful for sellers to ship multiple orders efficiently.
  • As companies start shipping, having visibility of the shipment’s journey becomes useful as a preventive measure to minimize delays. The Track & Trace allows the shipper to track all shipments accurately across the DHL Express network. Moreover, On Demand Delivery empowers both the shipper and the recipient to customize their delivery preferences. This reduces the probability of undelivered shipments and improves customer experience.
  • With DHL Pass, customers can use DHL online platforms with one login. Multi-factor authentication also provides customers with a seamless and secure digital experience. This is gradually being rolled out worldwide.

Other than digital tools, DHL Express is also focused on supporting small businesses to trade their goods internationally through the GoTrade program. By working with public sector partners to break down barriers and reduce red tape, DHL helps SMEs tap into the global marketplace. Moreover, DHL also organizes webinars and workshops to guide entrepreneurs on building an online business and understand the complexities of international shipping, such as customs processes. Across Asia Pacific, DHL Express has also formed alliances with several organizations, such as the Malaysia External Trade Development Corporation, Asia Foundation, and Bayan Innovation Group, and organized workshops and webinars to help them become acquainted with trade regulations and reduce barriers to international trade.

Note to editor:

Please visit the DHL Logistics of Things to read other stories related to SMEs and how DHL has worked with them. Recently published:

Hashtag: #DHLExpress #Digitalization #SMEs #Ecommerce




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.

SleekFlow Appoints Silicon Valley Executive as CTO

Industry Veteran Brings Extensive Experience in Scaling Engineering Teams and Building Innovative Products

SINGAPORE – Media OutReach Newswire – 10 July 2024 – SleekFlow, a Singapore-based leading provider of AI-powered omnichannel conversation suite, announced the appointment of Gao Lei as Chief Technology Officer CTO, effective immediately.

Gao Lei Portrait
Gao Lei Portrait

With over 20 years of tech leadership at Silicon Valley and tech entrepreneurial experience in AI and Big Data, Gao Lei brings a wealth of expertise in building and scaling engineering teams and developing and operating highly scalable and available infrastructure, and creating innovative products that drive business growth.

Prior to joining SleekFlow, Gao Lei served as the CTO at LinkedIn China, where he was responsible for building and scaling the engineering team to support the company’s rapid growth. During his tenure, he played a pivotal role in developing several award-winning products that have transformed how businesses engage with their customers.

“I am excited to join the SleekFlow team and contribute to the company’s continued success,” said Gao Lei. “SleekFlow has a strong reputation for delivering innovative customer engagement solutions. I look forward to leveraging my experience to enhance the platform further and drive even greater value for our platform users.”

“We are looking forward to welcoming Gao Lei to the SleekFlow team,” said Henson Tsai, Founder and CEO of SleekFlow. His record of successes in delivering transformative technology solutions makes him the ideal candidate to lead our future plans. We are confident that his leadership and vision will further strengthen SleekFlow’s position as a leading player in the customer engagement space.”

About Gao Lei

Gao holds a PhD in Data Replication/Distributed Systems from The University of Texas at Austin and has been recognized as a thought leader in the technology industry, having been featured in numerous industry publications and conferences.

For more information, please visit sleekflow.io.

Hashtag: #Saas #B2B #CommSaaS #AI #CustomerEngagement





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

SleekFlow

SleekFlow is the AI-powered Omnichannel Conversation Suite for customer engagement. The all-in-one SleekFlow platform creates seamless and personalized customer journeys across everyone’s go-to messaging channels, including WhatsApp, Instagram, live chat, and more.

SleekFlow is located in Singapore, Hong Kong, Malaysia, Indonesia, Brazil, and the UAE. In 2022, the startup secured an $8M USD Series A funding round led by , with participation from and .

FAM Solutions Introduces Innovative Meeting Booths to Redefine Modern Office Spaces


SINGAPORE – Media OutReach Newswire – 10 July 2024 – As offices adapt to the evolving needs of a post-pandemic workforce, FAM Solutions, a leading provider of innovative office furniture solutions, is proud to unveil its range of innovative meeting booths. Designed to address the growing demand for privacy and focused work environments in open-plan offices, these customisable office pods offer a blend of functionality, style, and modern technology.

FAM Solutions Privacy Pods offer a convenient alternative to traditional meeting rooms, allowing teams to hold discussions, brainstorm, and collaborate without disrupting the entire workspace.
FAM Solutions Privacy Pods offer a convenient alternative to traditional meeting rooms, allowing teams to hold discussions, brainstorm, and collaborate without disrupting the entire workspace.

Meeting the Evolving Needs of Modern Workspaces

The shift towards open-plan offices has transformed the way most businesses operate. While promoting collaboration and a sense of community, open spaces often lack the privacy needed for confidential calls, focused work, or video conferencing. FAM Solutions’ meeting booths bridge this gap by providing dedicated spaces for individuals or small teams to conduct meetings, brainstorm ideas, or work without distractions.

Unlike traditional meeting rooms, FAM Solutions’ office privacy booths are designed to optimise user experience and promote workplace productivity. Some of their key features include:

  • LED Motion Sensor Technology: Automatically activates LED lights and the ventilation fan, ensuring energy efficiency when the booth is unoccupied.
  • Power Integration: Each booth incorporates a 3-pin power socket and two USB ports, allowing users to seamlessly connect their devices.
  • Superior Soundproofing: Utilising 50 kg/㎥ rock wool, these office pods provide soundproofing, minimising distractions and fostering focused work environments.
  • Durability and Safety: The use of 10mm thick tempered and laminated glass ensures a safe and comfortable interior.
  • Heavy-Duty Wheels: These enable easy relocation of the booths within the office space.

“As workplaces evolve to accommodate the changing needs of employees, our soundproof booths provide quiet, private spaces within the bustling office environment to promote productivity and well-being. With our meeting booths, we empower businesses to create harmonious workspaces where collaboration thrives and individual focus is respected,” shares Randy, Founder of FAM Solutions.

FAM Solutions Simplifies Integration with Free Site Visits

FAM Solutions is extending free site visits to the first 50 businesses submitting enquiries. This visit includes a comprehensive consultation to assess the business’s requirements and recommendations on the ideal booth size and location within the office space. Interested parties can quote the voucher code “FAMSITEVISIT” when contacting FAM Solutions to benefit from this complimentary service, valid for one year until July 2025 or until fully redeemed.
Hashtag: #FAMSolutions


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

About FAM Solutions

FAM Solutions is Asia’s one-stop destination for ergonomic office furniture, offering a comprehensive range of products tailored to enhance workplace comfort and productivity. Specialising in ergonomic solutions, FAM Solutions is dedicated to providing innovative office furniture, including their latest offering: . From ergonomic chairs to height-adjustable desks and meeting booths, every piece of office furniture is crafted to elevate the workplace experience.

Linkflow Capital: SME Loan Interest Rates Spike to 8.16% in 2023, Average Loan Quantum Drops 42%

Research by Linkflow Capital reveals significant tightening in SME financing accessibility in 2023


SINGAPORE Media OutReach Newswire – 10 July 2024 – Linkflow Capital’s annual SME financing research shows a significant tightening of credit conditions for Singapore SMEs in 2023, with average loan quantum dropping 42% to $130,000 from $224,000 in 2021.

The study, based on data from 2,466 unique users of Linkflow Capital’s SME loan comparison portal, reveals that average business loan interest rates spiked to 8.16% in 2023, the highest in a decade and more than triple from the lowest rate of 2.50% recorded in 2020 during the pandemic.

“We are witnessing a marked shift in the SME financing environment, with the sharp rise in borrowing costs and decrease in loan quantum reflecting the challenging financing landscape SMEs faced in 2023,” said Benjamin Teo, spokesperson for Linkflow Capital. “This trend is driven by the unwinding of pandemic-era support measures and the broader high interest rate environment.”

Key findings from the 2023 survey include:

  • Increased Borrowing Costs: The average SME business loan interest rate reached a high of 8.16% per annum in 2023.
  • Reduced Loan Quantum: The average loan quantum approved decreased to $130,236 in 2023, continuing a downward trend from $184,345 in 2022.
  • Revenue profile of users improved slightly: Increased proportion of users in higher revenue brackets. 50% of users reported annual revenue below $300K (down from 57% in 2022).
  • Digital banks gaining traction: Digital banks’ share of loan origination within Linkflow’s platform rose to 17%, a more than 3-fold increase from 5% in 2022.

Looking ahead, Linkflow Capital expects interest rates to remain elevated throughout 2024, with a gradual decline potentially from mid-2025. The firm also anticipates the new digital banks to continue increasing their market share in SME lending, though unlikely to make a major dent to incumbent local banks’ loan books.

For detailed figures and data on Linkflow Capital’s research survey, visit https://smeloan.sg/blog/2023-sme-finance-accessibility-survey.

Hashtag: #LinkflowCapital




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

About Linkflow Capital

Founded in 2012, Linkflow Capital is a SME loan consultancy firm providing business loan financing advisory to SMEs in Singapore with their extensive network of capital providers.

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RaaB Family Expands Its Reach Globally with First Overseas Location


SINGAPORE – Media OutReach Newswire – 10 July 2024 – RaaB Family, a leading provider of baby products in Singapore, is excited to announce the opening of its new location, marking a significant milestone in the company’s journey. This expansion represents RaaB Family’s strategic move to venture overseas, aiming to introduce its brand to a wider audience and provide enhanced accessibility to its range of quality products.

With a focus on safety, comfort, and convenience, Raab Family products are designed to make parenting easier and a lot more fun.
With a focus on safety, comfort, and convenience, Raab Family products are designed to make parenting easier and a lot more fun.

“As a parent myself, I understand the importance of providing the best for our children. Our expansion into new markets reflects our commitment to ensuring that families everywhere have access to high-quality and innovative baby products that can enhance their parenting journey.” – said Randy, Founder of RaaB Family.

Motivation for Expansion

The decision to pursue this expansion stems from the company’s recognition of its firm footing in the Singapore market and the timely opportunity to extend its reach beyond borders. By establishing a presence in Malaysia, RaaB Family seeks to increase brand awareness and cater to the growing demand for its products internationally. Moreover, the expansion reinforces RaaB Family’s commitment to delivering value to customers by offering a diverse range of baby essentials while solidifying its position as a leader in the industry.

Customer-Centric Approach

The increased accessibility to the company’s products means that customers can enjoy a wider selection and access creative solutions to meet their evolving needs. As part of its expansion strategy, RaaB Family has introduced products such as the UV steriliser and diaper changing station. These additions not only address customer needs but also increase the company’s competitive edge by offering options that resonate with modern parenting demands.

Limited-Time Sale

To celebrate the new location opening, RaaB Family is offering an exclusive limited-time sale. Customers can enjoy a 6% discount on all items available on the online store. This offer is valid until December 31, 2024, providing customers with ample opportunity to take advantage of the special promotion.

Customers have to enter the voucher code “6OFFRAAB” during checkout on the RaaB Family website (raab.com.sg or raab.com.my) to enjoy the discount. The offer is limited to the first 100 customers in Singapore and the first 100 customers in Malaysia.

Future Plans

Looking ahead, RaaB Family envisions expanding its global footprint further, steadfast in its dedication to reshaping the landscape of childcare essentials. With a commitment to developing and introducing products that meet and anticipate the dynamic needs of today’s parents, the company aims to empower them to navigate the joys and challenges of parenthood with confidence and ease.
Hashtag: #RaaBFamily

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

About RaaB Family

RaaB Family is a company specialising in baby products, committed to offering parents high-quality, innovative, and practical solutions to simplify parenting tasks and enhance the joy of raising children. Founded by a group of parents who understand the trials and triumphs of parenthood, the company is driven by a passion for developing products that support both parents and babies. From premium playpens to snug baby cots, each item undergoes meticulous design to meet rigorous standards of quality, safety, and utility to nurture a happy, secure, and contented environment for little ones Find out more .

Cenlub Systems recognized as one of India’s Best Places to Work for 2024


HARYANA, INDIA Media OutReach Newswire – 9 July 2024 – Cenlub Systems, a pioneering company in India that specializes in designing and manufacturing centralized lubrication systems, oil lube systems, and lube oil consoles has been officially certified as one of the Best Places to Work in India for 2024.

The recognition as a “Best Place to Work” highlights Cenlub Systems commitment to building a culture of trust, respect, and community. Their focus on employee development, work-life balance, and overall well-being has played a key role in achieving this honor. Cenlub Systems offers ongoing training, diverse benefits programs, and initiatives that promote fitness, a positive culture, and a healthy work-life balance for all employees.

Nimit Mittal, Managing Director at Cenlub Systems, commented on the recognition “This accreditation reinforced my believe that we are focusing on the right priority – Our People! Together with the management and HR teams, we are committed to drive continuous improvement to sustain an enabling, engaging and inclusive culture and focus on the development of our people”.

Shweta Jindal, Marketing Manager at Cenlub Systems, said “We believe that a positive working environment greatly influences employees’ attitudes towards their work, co-workers and work productivity. Communication and collaboration develop a strong workplace culture and allows a comfortable environment for employees to share ideas, facilitate opportunities for learning and working towards a common goal”.

Every year, the program partners with many organizations in India, across different industries, to help them measure, benchmark, improve their HR practices and have access to the tools and expertise they need to deliver effective and sustainable change in their organizations.

For more information about the certification program, please visit www.bestplacestoworkfor.org
Hashtag: #BestPlacesToWork

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