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More Than a Quarter of Private Markets Professionals See Deal-Making Improving in 12 Months or Less

Major new global study by CSC finds uplift in market optimism

  • 76% of global respondents believe market conditions will improve within five years, with the use of SPVs also set to grow
  • Private debt professionals are the most optimistic regarding market conditions
  • Greater deal complexity and a growing burden of regulation are impacting use of SPVs
  • Outsourcing to SPV administrators set to grow, aided by more sophisticated technologies and platforms

HONG KONG SAR – Media OutReach Newswire – 19 June 2024 – New research among 400 C-suite level executives and senior professionals working in private markets commissioned by CSC has found more than a quarter (29%) view conditions for deal making improving in less than one year—or that it’s already happening. In addition, almost half (46%) believe market conditions will improve in the next two to five years, with deal growth resulting in the growth of special purpose vehicles (SPVs).

The study by CSC1, the world’s leading provider of global business administration and compliance solutions, was commissioned among investment professionals in private equity, private debt, real estate, and infrastructure in Europe, the U.S. and Asia Pacific. The findings are detailed in a new report focused on the fundamental role that SPVs play in optimizing private market investments.

Respondents based in Asia Pacific are the most cautious, with only 16% believing that market conditions will improve in less than one year, or that it is already happening. This differs from North America and Europe, where 37% and 33% respectively already see improvements or expect improvements in less than one year.

Among key other key findings, the growth of private debt—and the role that SPVs are playing in supporting the growth of this asset class—was particularly notable. Around two thirds (67%) of debt professionals believe market conditions will improve over the next two to five years.

“Our study has found far more optimistic sentiment among senior private markets professionals, following a few years of significant market volatility, which bodes well for the wider investment sector and global economy,” notes Thijs van Ingen, global market leader, CSC Corporate and Legal Solutions. “Private debt professionals were much more optimistic than their peers working in different sectors. This supports the trend we are seeing more generally in the market, which sways towards private debt.”

The study from CSC comes at a time when private markets have started to recover following significant volatility and headwinds in recent years. Use of SPVs—critical structures at the center of the global investment system—have also grown, but now with managers facing greater complexity through greater multi-jurisdiction regulation, stricter reporting requirements and a need for richer levels of data granularity.

“SPVs have become increasingly complex, and far more work needs to be done to manage them—particularly when you factor in new regulations and requirements,” comments Delphine Jones, managing director of CSC Client Solutions. “However, the SPV ecosystem has also become relatively inefficient, with a wealth of unnecessary complexity. It is in this environment that outsourcing to specialist SPV administrators is also growing.”

CSC research revealed that most private markets firms that do outsource currently use two outsourcing partners, with a view to increasing this to either three or four partners in the next few years. The top criterion for respondents when looking for the ideal SPV administrator are reputation (66%), technology and reporting data (65%), and having a sophisticated technology platform (64%). Respondents across both real assets and private equity and debt stated that they would most like technology to deliver a centralized portal for a single view of all SPVs (57% and 59% respectively).

“Many cited technology as an important factor when selecting their SPV administrator, marking the importance of technology when it comes to SPV management,” says Thijs van Ingen. “This includes optimizing deal sourcing, investment, aiding portfolio performance, and many other areas.”

“Regardless of strategy, fund managers are aiming to have a tech-enabled approach and are looking to achieve as close to an all-in-one administrative solution as possible,” adds van Ingen. “While it may seem advantageous to use multiple outsourcing partners, having a large number of partners can actually make processes even more complex. Consolidating your SPV administration to one outsourcing partner globally helps to streamline your processes.”

1CSC, in partnership with Pure Profile, surveyed 400 (between Dec 2023-Jan 2024) C-suite level executives and similarly senior professionals working in private equity, private debt, real estate, and infrastructure. Respondents were equally split between North America, APAC, and U.K. and Europe.
Hashtag: #CSC

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

About CSC

CSC is the trusted partner of choice for more than 90% of the Fortune 500®, more than 90% of the 100 Best Global Brands (Interbrand®), and more than 70% of the PEI 300. We are the world’s leading provider of global business administration and compliance solutions, specialized administration services to alternative asset managers across a range of fund strategies, transactions involving capital markets participants in both public and private markets, domain name system management and digital brand and fraud protection, and corporate tax software solutions. Founded in 1899 and headquartered in Wilmington, Delaware, USA, CSC prides itself on being privately held and professionally managed for more than 125 years. CSC has office locations and capabilities in more than 140 jurisdictions across Europe, the Americas, Asia Pacific, and the Middle East. We are a global company capable of doing business wherever our clients are—and we accomplish that by employing experts in every business we serve. We are the business behind business®. Learn more at cscglobal.com.

TraderBoBo Revolutionizes Gold Trading with Advanced Real-Time Analysis and Comprehensive Educational Tools


BANGKOK, THAILAND – Media OutReach Newswire – 19 June 2024 – TraderBoBo, the cutting-edge online platform that simplifies investment strategies, has announced the launch of its new real-time gold trading updates. This enhancement builds on its robust educational content, now encompassing detailed insights into gold trading—from beginners’ basics to advanced strategies.

Caption

Navigating the Gold Market with Precision

Gold trading, specifically Forex gold trading under the symbol XAUUSD, is recognized globally for its high liquidity and potential profitability. XAUUSD represents the exchange rate between one ounce of gold and the US dollar. For instance, an XAUUSD rate of 1,800 points indicates that $1,800 is required to purchase one ounce of gold. Gold trading through Contracts for Difference (CFD) offers opportunities for profit in both rising and falling markets and remains active 24 hours a day from Monday to Friday, based on Thailand time (GMT+7).

Strategic Insights and Enhanced Learning

TraderBoBo’s platform highlights crucial factors that influence gold trading, including gold demand and supply dynamics, oil price fluctuations, political risks, the strength of the US dollar, monetary policies, and interest rates. Real-time updates on US unemployment claims and news from Forex Factory also play a significant role.

Additionally, TraderBoBo offers guidance on selecting brokers to optimize trading costs and profits. The platform’s comprehensive strategy education includes the use of indicators, fundamental analysis from economic data, and technical analysis through chart observations—all designed to be accessible on the TraderBoBo website.

Educational Highlights for Empowered Trading

TraderBoBo provides a range of insightful articles to educate traders further:

    1. How to Read Forex Factory (News Calendar): What is Forex Factory and How to Use It
    2. The Latest Gold Analysis: Gold Analysis
    3. Understanding Forex Gold Trading: What is Forex Gold Trading?
    4. Top 5 Gold Trading Brokers for 2024: Review of Top 5 Gold Trading Brokers
    5. Impact of Unemployment Claims on Gold: What are Unemployment Claims and How Do They Affect Gold?

Resources and Community Engagement

For those new to the market, TraderBoBo recommends following detailed gold analysis available at traderbobo.com/analysis or adding TraderBoBo as a LINE friend through https://lin.ee/bGpJUuT for the latest in trading news, delivered in Pee Bo’s unique style. These resources are crafted to help traders stay informed and maintain a competitive edge in the dynamic gold market.

Hashtag: #TraderBoBo

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

About TraderBoBo

TraderBoBo is a premier online media platform that offers essential investment knowledge across various domains, including stocks, Forex, cryptocurrency, and now, gold trading. With a mission to make complex investment topics accessible to all, TraderBoBo is dedicated to empowering investors with the tools they need for success.

Facebook: Traderbobo – Investment Insights ()

YouTube: Traderbobo ()

X: @traderbobo ()

Blockdit: traderbobo ()

TikTok: @traderbobo.official ()

TraderBoBo Revolutionizes Gold Trading with Advanced Real-Time Analysis and Comprehensive Educational Tools


BANGKOK, THAILAND – Media OutReach Newswire – 19 June 2024 – TraderBoBo, the cutting-edge online platform that simplifies investment strategies, has announced the launch of its new real-time gold trading updates. This enhancement builds on its robust educational content, now encompassing detailed insights into gold trading—from beginners’ basics to advanced strategies.

Caption

Navigating the Gold Market with Precision

Gold trading, specifically Forex gold trading under the symbol XAUUSD, is recognized globally for its high liquidity and potential profitability. XAUUSD represents the exchange rate between one ounce of gold and the US dollar. For instance, an XAUUSD rate of 1,800 points indicates that $1,800 is required to purchase one ounce of gold. Gold trading through Contracts for Difference (CFD) offers opportunities for profit in both rising and falling markets and remains active 24 hours a day from Monday to Friday, based on Thailand time (GMT+7).

Strategic Insights and Enhanced Learning

TraderBoBo’s platform highlights crucial factors that influence gold trading, including gold demand and supply dynamics, oil price fluctuations, political risks, the strength of the US dollar, monetary policies, and interest rates. Real-time updates on US unemployment claims and news from Forex Factory also play a significant role.

Additionally, TraderBoBo offers guidance on selecting brokers to optimize trading costs and profits. The platform’s comprehensive strategy education includes the use of indicators, fundamental analysis from economic data, and technical analysis through chart observations—all designed to be accessible on the TraderBoBo website.

Educational Highlights for Empowered Trading

TraderBoBo provides a range of insightful articles to educate traders further:

    1. How to Read Forex Factory (News Calendar): What is Forex Factory and How to Use It
    2. The Latest Gold Analysis: Gold Analysis
    3. Understanding Forex Gold Trading: What is Forex Gold Trading?
    4. Top 5 Gold Trading Brokers for 2024: Review of Top 5 Gold Trading Brokers
    5. Impact of Unemployment Claims on Gold: What are Unemployment Claims and How Do They Affect Gold?

Resources and Community Engagement

For those new to the market, TraderBoBo recommends following detailed gold analysis available at traderbobo.com/analysis or adding TraderBoBo as a LINE friend through https://lin.ee/bGpJUuT for the latest in trading news, delivered in Pee Bo’s unique style. These resources are crafted to help traders stay informed and maintain a competitive edge in the dynamic gold market.

Hashtag: #TraderBoBo

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

About TraderBoBo

TraderBoBo is a premier online media platform that offers essential investment knowledge across various domains, including stocks, Forex, cryptocurrency, and now, gold trading. With a mission to make complex investment topics accessible to all, TraderBoBo is dedicated to empowering investors with the tools they need for success.

Facebook: Traderbobo – Investment Insights ()

YouTube: Traderbobo ()

X: @traderbobo ()

Blockdit: traderbobo ()

TikTok: @traderbobo.official ()

VinFast VF 8, a design and engineering collaboration optimised for Europe

  • VinFast’s VF 8 awarded 2024 ‘Best Child Protection, Best Safety Assistance, Best Motorcyclist Safety, Best Car and Best SUV‘ by ASEAN NCAP
  • The VF 8 combines Pininfarina design, highlighted by the use of quality sustainable materials, a vast range of advanced driving assistance systems (ADAS) and highly tailorable connectivity and immersive systems for entertainment and utility application
  • A comprehensive warranty package – 10 years or 200,000 kilometers for the powertrain and 10 years with unlimited mileage for the battery cements commitment to European customer satisfaction

HANOI, VIETNAM – Media OutReach Newswire – 19 June 2024 The VinFast VF 8 is born from Vietnam’s diligence and entrepreneurial spirit, Vingroup’s manufacturing expertise, ingenuity and capacity, and VinFast’s relentless pursuit of excellence. As its first model designed for a global market, the VF 8 aims to inspire European customers with aspirational design, performance and technology, and protect them with a market-leading 10-year, 200,000km warranty.

Caption

As an emerging manufacturing hub for multiple industries, Vietnam has long-since harboured a bold strategy for its domestic automotive industry. Six years ago, backed by Vingroup’s significant investment, this ambition took a giant step forward. Close to the picturesque shores of Cat Hai, a 335-hectare factory rose as a symbol of Vietnam’s burgeoning automotive sector and established VinFast as a bold, dynamic new brand.

This facility is the launchpad for VinFast’s global ambitions. It means that, throughout the development, validation and manufacturing stages, VF 8 has benefitted from an extraordinary combination of in-house expertise and capacity, and global partnerships with established, premium suppliers.

Global collaborations underpin a modern electric SUV

Following Vietnam’s rise as a globally integrated economy, its auto industry is poised to make its mark. As the nation’s first electric car company, VinFast is entering the international market with a strategic embrace of global expertise. At the forefront of this strategy is the VF 8, an electric SUV designed in collaboration with Pininfarina, the legendary Italian design house behind iconic vehicles for Ferrari, Peugeot, Fiat, and General Motors.

VinFast worked closely with Pininfarina to avoid quickly-dated trends and strike a balance between modern elegance and timeless appeal, providing a marriage of artistic expression and practicality.

In the search for a perfect marriage of function and form, VinFast refers to ‘Dynamic Balance’, a philosophy that shapes the VF 8 to provide a futuristic aesthetic that goes beyond the surface. The exterior features fluid, soft curves punctuated by sharp cuts, creating a visually striking and well-balanced silhouette.

However, ‘Dynamic Balance’ also considers the impact of physical design on performance and efficiency in a number of ways. It is a design approach that prioritizes stability, ensuring that all aspects work together as a cohesive unit, promoting a lower centre of gravity for improved handling at high speeds. A more balanced, aerodynamically advanced design that has been optimized for efficiency also enables enhanced NVH performance. In turn, this can help to reduce energy consumption and the rate of vehicle component wear, including the battery.

The interior of VF 8 is designed to create a feeling of elegance and sophistication. It offers a blend of high-end aesthetics, meticulous craftsmanship and modern features. The result is a relaxing ambiance that is enhanced by technology. Heated and cooled seats ensure absolute comfort in all weather conditions, while a highly intuitive 15.6-inch, high-resolution centre screen further enhances the driving experience and entertainment options on every journey.

The highest quality sustainable materials have been used wherever possible to provide a premium, European-feel interior, with soft yet hard-wearing vegan leather and a high level of attention to detail throughout the cabin.

The spaciousness of the interior is another highlight, offering ample legroom and headroom for passengers in both the front and rear seats. Even those exceeding 1.9 meters in height can comfortably travel in the back seat.

In the front, VinFast has opted for a Head-up Display (HUD) projected onto the windshield instead of the traditional instrument cluster behind the steering wheel. This allows drivers to easily monitor key information and maintain focus on the road.

The VF 8 comes in two variants, the Eco and the Plus, catering to different driving preferences. The Eco offers a powerful electric motor with a maximum output of 260 kW and 500 Nm of torque. The Plus takes performance a step further with a 300 kW motor and an impressive 620 Nm of torque, accelerating from 0 to 100 km/h in a mere 5.5 seconds.

Own with confidence – safety features and long-term warranty

VinFast aims to protect customers on every journey and throughout their entire ownership with excellent safety and 10-year warranty. The VF 8 is equipped with an advanced driving assistance systems (ADAS) featuring functionalities such as highway driving assistance, automatic lane changing, and smart parking assistance. This system will receive continuous over-the-air updates and enhancements to provide customers with the safest and most highly optimized driving experience.

Highly tailorable connectivity and immersive systems for entertainment and utility applications have been developed to differentiate the VF 8. A user-friendly platform allows voice control of the car, remote management through the VinFast app, online shopping, and even in-car video games that sync with occupants’ phones.

The VF 8 utilises latest technologies to provide more than impressive performance and smart apps, prioritizing safety with features like the regenerative braking system, reducing wear on brakes and enhancing control, especially during sharp turns and downhill driving.

VinFast’s commitment to safety was acknowledged at the ASEAN NCAP Grand Prix Awards on the evening of May 28, 2024 in Bangkok, Thailand, when it was consecutively honored with five important awards for ‘Best Child Protection’, ‘Best Safety Assistance’, ‘Best Motorcyclist Safety’, ‘Best Car’ and ‘Best SUV’.

Organized biannually by the Southeast Asia New Car Assessment Program (ASEAN NCAP), these awards recognize excellence in the auto industry. This year, the VF 8’s outstanding safety equipment impressed the experts.

The success of the VF 8 in the ASEAN NCAP awards reflects VinFast’s commitment to outstanding safety as a core focus throughout its range. Associate Professor Dr. Dam Hoang Phuc, Director of the Automotive Technical Training Program at Hanoi University of Science and Technology, offers a scientific perspective of VinFast’s dominance at the awards.

Commending the responsiveness and effectiveness of the VF 8’s safety technologies, he said: “Electric cars inherently have a safety advantage over gasoline cars due to lower latency, which translates to quicker and more adaptable responses from the safety features. This is a significant advantage for the VF 8 in particular, and VinFast electric vehicles in general.”

Adding to the peace of mind ownership experience, VinFast offers a comprehensive warranty package – 10 years or 200,000 kilometers for the powertrain and 10 years with unlimited mileage for the battery. This commitment to customer satisfaction extends throughout Europe, and is complemented by further strategic cooperations.

Through partnerships with Bosch and Mobivia, VinFast ensures convenient charging access with Bosch’s 700,000 charging ports across 30 European countries, and reliable after-sales service through Mobivia’s 1,200 service workshops in France and Germany.

Hashtag: #VinFast #VF8

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

Dah Sing Bank releases findings of “2024 Survey on Business Opportunities for SMEs”

Over 70% of SMEs Expect Business Growth of At Least 4% Close to 60% Eye Development in Greater Bay Area


HONG KONG SAR – Media OutReach Newswire – 19 June 2024 – Dah Sing Bank, Limited (“Dah Sing Bank” or “the Bank”) said today that according to the findings of its “2024 Survey on Business Opportunities for SMEs” (the “Survey”), Hong Kong’s small and medium enterprises (“SMEs”) are generally confident about their future. Over 70% of SMEs surveyed expect business growth in the next 12 months to exceed 4%; indeed, close to half of those surveyed expect business growth to exceed 7% over the said period. Furthermore, close to 60% intend to expand into the Greater Bay Area (“GBA”).

Dah Sing Bank releases findings of

The Bank commissioned research company NielsenIQ to survey close to 300 SMEs[1] in Hong Kong between April and May 2024, with the objective of understanding their views on market opportunities and future development as well as on environmental, social and governance (ESG) issues.

80% of SMEs Surveyed Expect Business Growth Opportunity to Come from Hong Kong

According to the Survey, 76% of SMEs surveyed expect their business to grow by 4% or more in the next 12 months, with those expecting business growth of 7% or more over the said period reaching 48%. Scale expansion (73%) and launch of new products and services (73%) are cited as main drivers for growth. Meanwhile, 82% of SMEs surveyed expect business opportunities to come from Hong Kong, while 46% expect these to come from the GBA (excluding Hong Kong).

When asked about their macro views of the market, SMEs surveyed expect e-commerce (60%), finance (56%) and advanced technology (55%) to be the key growth sectors for Hong Kong in the next 12 months. Meanwhile, key growth sectors cited for the GBA (excluding Hong Kong) include advanced technology (68%), consumption (66%) and finance (65%).

Close to 70% of SMEs Surveyed Want to Know More About Risk Management Strategies

Out of the 58% of SMEs surveyed that intend to expand into the GBA market, 58% expect business growth in the next 12 months to exceed 7%. When asked to name the key drivers for growth in the GBA, e-commerce development (81%) is cited in addition to scale expansion (82%) and launch of new products and services (82%). Meanwhile, 81% of this SME group said they would consider to seek support and services from banks, and 66% said they would be concerned whether there would be sufficient cross-border payment services.

“Notwithstanding the many macroeconomic challenges that lie ahead, our Survey shows that Hong Kong’s SMEs are still highly resilient which is characteristic of the city’s indomitable spirit, and they are putting their agility at their best to grow their business. As a home-grown bank with deep roots in Hong Kong and a firm commitment towards the GBA, Dah Sing Bank will continue to pledge our full support to local SMEs, to be their partner to capture business opportunities,” said Ms. Phoebe Wong, Deputy Chief Executive, Senior Executive Director and Group Head of Personal Banking of Dah Sing Bank.

Concerning their future development, SMEs surveyed believe their greatest challenges in the next 12 months to be on managing interest rate and foreign exchange risks (56%) as well as managing cost of funds (55%); 47% are also worried about geopolitics. To address these challenges, 68% of SMEs surveyed hope to receive information on interest rates and foreign exchange hedging strategies, and 46% hope their banking partners would provide practical seminars or workshops. Additionally, 42% hope to receive introductory guidance on ESG fundamentals.

More Than Half of SMEs Surveyed Recognise the Benefits of ESG, Yet Only 25% Have Started Implementation

With ESG having become an important business issue, most SMEs surveyed are aware of the benefits of implementing ESG practices, including the potential for social contribution and a positive brand image (59%), access to green and sustainable finance (54%), cost savings on electricity, water and waste management (53%) and inclusion in the supplier lists of large enterprises (49%).

Nevertheless, only 25% have actually integrated ESG into their business operations; 31% are aware of ESG but have not yet implemented it and 24% are interested but do not know how to get started. Of those SMEs surveyed which have yet to integrate ESG into their business operations, 43% do not know where to seek guidance and assistance, 41% lack ESG understanding, and 36% are concerned about the cost of ESG certification.

Ms. Wong continued, “We understand that while SMEs are keen to progress with the times and explore more business opportunities, they are also interested to put ESG into practice and demonstrate their corporate social responsibility. Yet they often lack time and resources to understand and implement the relevant standards, and are in need of some professional support and guidance. As such, Dah Sing Bank is committed to look for different ways to provide the necessary and appropriate support to them.”

Dah Sing Bank has sponsored a number of educational programmes in recent years that were aimed at enhancing SME awareness and understanding of ESG. The Bank hopes to encourage SMEs to participate in the transition towards a sustainable economy, and to help them recognise the challenges and opportunities available in the trend towards a low carbon economy. Earlier this year, Dah Sing Bank collaborated with the Hong Kong Small and Medium Enterprises Association to launch the “SME ESG Charter 2024”. This initiative aims to help SMEs integrate ESG elements into their operational frameworks and governance mechanisms, with the long-term goal of improving operational efficiency and enhancing their business competitiveness.


[1] The survey was conducted through online questionnaires in Hong Kong from April 19 to May 4, 2024, interviewing 291 local SMEs.

Hashtag: #DahSingBank

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

About Dah Sing Bank

Dah Sing Bank, Limited (“Dah Sing Bank”) is a wholly-owned subsidiary of Dah Sing Banking Group (HKG:2356). Founded in Hong Kong over 75 years ago, Dah Sing Bank has been providing quality banking products and services to its customers with a vision to be “The Local Bank with a Personal Touch”. Over the years, the Bank has been rigorous in delivering on its brand tagline to grow with its customers in Hong Kong, the Greater Bay Area and beyond – “Together We Progress and Prosper”. Building on our experience and solid foundation in the industry, our scope of professional services now spans retail banking, private banking, business and commercial banking. Meanwhile, the Bank is also making significant investments in its digital banking capabilities to stay abreast with smart banking developments in Hong Kong and to support financial inclusion at large.

In addition to its Hong Kong banking operations, Dah Sing Bank has wholly-owned subsidiaries including Dah Sing Bank (China) Limited, Banco Comercial de Macau, and OK Finance Limited. It is also a strategic shareholder of Bank of Chongqing with a shareholding of about 13%. Dah Sing Bank and its subsidiaries now have around 64 operating locations in Hong Kong, Macau and Mainland China.

Azel & Jane Hair Salon Celebrates 25th Anniversary with Opening of Third Outlet in Punggol


SINGAPORE – Media OutReach Newswire – 19 June 2024 – Azel & Jane Hair Salon is proud to announce the celebration of its 25th anniversary, marked by the grand opening of its third outlet in Punggol, set to open in late 2024.

PressReleaseTMPKu4qlp.jpg

Expanding to Serve Customers Better
Since its humble beginnings in 1999, Azel & Jane Hair Salon has grown from offering basic hairstyling services to providing advanced therapies, such as hair growth treatments and the latest trends in chemical treatments. This growth reflects the salon’s dedication to staying at the forefront of industry advancements and consistently meeting the evolving needs of its customers.

With the new outlet set to open in Punggol, customers will enjoy greater access to high-quality hair services with reduced wait times, facilitated by the salon’s efficient online booking system and CRM implementation. The salon will also offer special rates for elderly customers and students, ensuring quality hair services are accessible to all ages.

New Additions and Innovations
The expansion of Azel & Jane Salon includes several exciting additions: the introduction of premium scalp and hair care products, as well as advanced scalp and hair treatment services utilising the latest AI technology. This ensures that each customer’s unique scalp and hair concerns are addressed with precision, delivering a more satisfying salon experience. These innovations reflect the salon’s dedication to convenience, quality, and personalised care.

Anniversary Celebrations
To celebrate this milestone anniversary, Azel & Jane Salon will host a series of special events and promotions. These will include exclusive discounts on popular services as a way of thanking regular customers for their support over the years and to welcome new customers to enjoy the salon’s services. Additionally, the salon will enhance its efforts in charity work, reinforcing its commitment to local engagement and community support.

“Azel & Jane Salon has always been about more than just hair; it’s about building relationships and fostering a community. As we celebrate our 25th anniversary and the opening of our third outlet in Punggol, I’m incredibly thankful and proud of how far we’ve come. We look forward to continuing this journey, serving our customers with quality products and services, and making a positive impact in our community.” says Azel, co-founder of Azel & Jane Salon.

Looking Ahead
Another exciting development at Azel & Jane Hair Salon is the gradual transition of management to Angeline, one of the founders’ daughters. Armed with a degree in accountancy and eight years of corporate success as a tax manager at a Big 4 firm, Angeline has chosen to join the family business. Her dedication to enhancing the customer experience led her to complete the International Association of Trichologists (IAT)’s course to become a Certified Trichologist.

With expertise in both business and scalp health, Angeline will bring a fresh perspective and enhance the salon’s offerings, allowing customers to receive the highest standard of care and innovation in the years to come.

“Over the years, we’ve had the privilege of serving not just customers, but multiple generations of families who have entrusted us with their scalp and hair needs. This loyalty speaks volumes about the bonds we’ve formed and the trust we’ve earned. We are thrilled to embark on the next chapter of our journey together with our customers, aiming to reach new heights of excellence and service.” adds Angeline.
Hashtag: #hairsalon #hairtreatment #haircolouring

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

About Azel & Jane

Founded in 1999 by a pair of sisters, Azel & Jane Salon prides itself on its core values of unwavering commitment to integrity, quality, relationship-centred service, and continuous learning. These principles have guided the salon’s journey, ensuring that every customers receives honest, transparent, and top-notch service.

Find out more

Generali Hong Kong Launches Educational LGBTQ+ Video Series to Celebrate Pride Month


HONG KONG SAR – Media OutReach Newswire – 19 June 2024 – Generali Hong Kong unveils its educational LGBTQ+ video series in honor of Pride Month, with the inaugural video premiering. This transformative initiative underscores the company’s commitment to nurturing diversity and inclusion, amplifying the voices and experiences of LGBTQ+ community and allies within the organization and broader society.

Generali Hong Kong launches educational LGBTQ+ video series to celebrate Pride Month.
Generali Hong Kong launches educational LGBTQ+ video series to celebrate Pride Month.

Comprising three compelling episodes, each offers unique insights into LGBTQ+ experiences. The series kicks off with a segment on transgender identity, incorporating an interactive Jenga icebreaker game to dispel misconceptions. Another video delves into the challenges faced by same-sex couples in securing legal protection in Hong Kong, emphasizing the vital role of appropriate wealth allocation and security. The concluding episode features a dialogue with LGBTQ+ individuals and supporting organization, emphasizing the significance of LGBTQ+ community allies and their role in facilitating discussions on how corporations can improve workplace inclusivity.

Ms. Cecilia Chang, Chief Executive Officer of Generali Hong Kong, said, “At Generali, Diversity, Equity, and Inclusion (DE&I) are core values that drive innovation, creativity, and collaboration. We integrate these values into all aspects of our operations, fostering a diverse leadership team, unbiased recruitment practices, and promoting awareness through training. This ensures that everyone at Generali Hong Kong feels valued and empowered. This LGBTQ+ video series exemplifies our dedication to fostering a culture of respect and understanding, reflecting our belief in the transformative power of diversity.”

In Hong Kong, Generali prioritizes diversity and inclusion to effectively serve its diverse clientele and partners. The company values talent and capability over gender, sexual orientation and gender recognition when hiring, demonstrating its commitment to fostering a forward-thinking workplace environment. Generali is dedicated to providing every staff member with the opportunity to express their true selves and showcase their authentic personalities. This commitment to inclusivity is exemplified through concrete policies that extend beyond symbolic gestures to offer tangible support for LGBTQ individuals. Initiatives include empowering employees to self-identify their gender on administrative forms and offering benefits such as parental leave, medical coverage, and marriage leave to both heterosexual and same-sex partnerships.

In a proactive move to engage with the community, Generali Hong Kong has launched this educational video series to increase the knowledge and improve the understanding of the public about the LGBTQ+ community and address the unique financial protection needs of LGBTQ+ individuals, with an aim to set an example for fostering a culture of respect and understanding.

Ms. Ady Law, Chief Distribution and Marketing Officer of Generali Hong Kong, said, “Generali Hong Kong strives to be the Lifetime Partner of our customers and community, and this video series showcases our ongoing efforts to foster equality and acceptance. We invite individuals from all backgrounds to engage with the series and participate in the dialogue on diversity and inclusion.”

The LGBTQ+ video series will be accessible on Generali Hong Kong’s YouTube platform, inviting viewers to join in the conversation and embrace the spirit of diversity and inclusivity.

Hashtag: #PrideMonth #DEI #Generali

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

Generali Hong Kong

In 1981, Assicurazioni Generali S.p.A. was first registered as an authorised insurer in Hong Kong, with the business extending into the life insurance sector in 2016 with Generali Life (Hong Kong) Limited. With a combination of local knowledge and Generali Group’s global expertise, we develop unique and innovative life insurance, general insurance, specialty insurance, and employee benefits solutions to meet the needs of our customers.

Generali Group

Generali is one of the largest global insurance and asset management providers. Established in 1831, it is present in over 50 countries in the world, with a total premium income of € 82.5 billion in 2023. With around 82,000 employees serving 70 million customers, the Group has a leading position in Europe and a growing presence in Asia and Latin America. At the heart of Generali’s strategy is its Lifetime Partner commitment to customers, achieved through innovative and personalised solutions, best-in-class customer experience and its digitalised global distribution capabilities. The Group has fully embedded sustainability into all strategic choices, with the aim to create value for all stakeholders while building a fairer and more resilient society.

DHL Global Forwarding celebrates milestone achievement with Great Place to Work® certifications across the region

– Sees all its Asia Pacific countries and territories receive the prestigious accolade

SINGAPORE – Media OutReach Newswire – 19 June 2024 – DHL Global Forwarding, the freight specialist of DHL Group, is certified Great Place to Work® across all of its 21 countries and territories in Asia Pacific. Exceptional scores above 90 percent were recorded in six countries, including DHL Global Forwarding Bangladesh, Cambodia, Fiji, Indonesia, Thailand, and Vietnam.

DHL Global Forwarding celebrates milestone achievement with Great Place to Work® certifications across the region
DHL Global Forwarding celebrates milestone achievement with Great Place to Work® certifications across the region

“This is a remarkable achievement for the region. We received our first Great Place to Work® certification in India in 2017, and in just six years, we have attained the same across the remaining 20 countries and territories. This is not an easy task. Through the collective efforts of the local country and regional teams, we have raised the bar on what it means to be an Employer of Choice,” said Niki Frank, CEO, DHL Global Forwarding Asia Pacific. “I am extremely proud of this achievement. It is truly a feather in our cap because this accolade is bestowed upon us by our employees through their open and honest feedback via surveys and interviews.”

Across the organization, annual events such as Appreciation Week, Global Volunteer Day, Health and Well-Being Week, Diversity, Equity, Inclusion, and Belonging (DEIB) Week are held. These consistent efforts to engage the employees embody the “People First” approach that DHL Global Forwarding believes in, built on values of respect and fairness. Employees are also recognized for their efforts and dedication through an Employee of the Year program.

“Operating in the logistics industry, we understand how volatile things can be for the business and our employees. At DHL Global Forwarding Asia Pacific, we regularly organize training and upskilling programs for these colleagues under DHL’s Certified program. From the industry-based, Certified Freight Specialist (CFS) training program to the more leadership-based, Certified Freight Manager program, we equip our employees with the right skillsets to deliver excellent service. As of April 2024, we are thrilled to share that over 1,400 employees have undergone the certified training program in Asia Pacific for the year!” said Celine Quek, Senior Vice President and Head of Human Resources, DHL Global Forwarding Asia Pacific. “This Great Place to Work® certification would not be possible without our employees, and we would like to thank them for their continuous support and trust in us as an Employer of Choice.”

The annual Great Place to Work® Certification recognizes companies for their excellent workplace culture, employee engagement and organizational trust initiatives. A Trust Index Survey is deployed to assess individual employee experiences from participating companies through five key dimensions. This includes credibility, respect, fairness, pride, and a sense of belonging, which collectively creates an organization culture for employees to best perform.

Hashtag: #DHL #DHLGlobalForwarding #GreatPlacetoWork2024



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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”.​