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CloudCover Wins Google Cloud Partner of the Year Awards in Two Categories

SINGAPORE – Media OutReach – 30 August 2023 – CloudCover, a cloud-native solutions company, today announced that it has received two 2023 Google Cloud Partner of the Year Awards – the Google Cloud Services Partner of the Year Award for India and the Google Cloud Services Partner of the Year Award for Southeast Asia

The awards recognized CloudCover’s achievements within the Google Cloud ecosystem in helping joint customers optimize their cloud workloads to accelerate innovation and achieve greater business impact.

“Google Cloud’s partner awards recognize the significant impact and customer success that our partners have driven over the past year,” said Kevin Ichhpurani, Corporate Vice President, Global Ecosystem and Channels at Google Cloud. “We’re delighted to recognize CloudCover as a 2023 Google Cloud Partner Award winner, and look forward to a continued strong partnership in support of our mutual customers.”

One notable success story was in 2022, when CloudCover helped a global video game developer to easily scale and increase their workload capacity by migrating to Google Cloud. By customizing a solution with the right mix of Google Cloud services innovatively put together, CloudCover delivered improved automation and operational efficiency. This enabled the customer to deploy an advanced real-time 3D creation tool seamlessly on a global scale and deliver richer, more responsive gaming experiences for its users.

Says Dhruv Parpia, Co-founder of CloudCover: “We’re incredibly proud of this achievement, and we want to extend a big thank you to Google Cloud for recognizing our hard work. A special shout-out goes to our amazing team, whose dedication and innovation have made this three-peat possible. Our partnership with Google Cloud has been a game-changer, allowing us to provide top-notch services and be at the forefront of the cloud technology landscape. Winning this award three times consecutively isn’t just a pat on the back; it’s a testament to our vision and commitment to our clients. We’re not just celebrating an award; we’re celebrating a journey of excellence, collaboration, and growth. We want to thank everyone who has been part of this exciting ride. Your support means the world to us.”

With a proven track record of enabling highly successful and scalable digital transformation on Google Cloud, CloudCover enables customers across the Asia Pacific region to improve their agility and expedite business innovation. Moving forward, CloudCover will continue to work with Google Cloud to empower organizations to seamlessly unlock the full potential of their cloud journey.
Hashtag: #CloudCover

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

About CloudCover

CloudCover is committed to helping organizations achieve a futuristic approach through its cloud-native solutions. Part of ST Telemedia Cloud, a leading public cloud solutions provider in Asia-Pacific and North America, CloudCover brings expertise in various fields, such as Cloud Consulting Lifecycle, IT Transformation, Digital Transformation, Cloud Migration, Data Management and Transformation, Security and Compliance, and more. Our services cover strategy, assessment, design, build/delivery, and operation, enabling businesses to navigate the complex cloud landscape and accelerate their digital transformation journey.

LET Group Holdings Limited Reports Interim Results For 1H 2023

Updates On Project Developments And Outlook

HONG KONG SAR – Media OutReach – 29 August 2023 – LET Group Holdings Limited (“LET”, the “Group” or “Company”) (Hong Kong Stock Exchange code: 1383) today reported financial data for the first half of the year ending 30 June 2023. All amounts are expressed in Hong Kong dollars unless otherwise stated, except for the financial performance of Hoiana which is reported in US dollars.

1H 2023 RESULTS HIGHLIGHTS

Group 1H 2023: Focus Development on Westside City Project

  • 1H 2023 Group Total Revenue of HK$190.9 million, up 0.3% YoY
  • 1H 2023 Group Consolidated Adjusted EBITDA from continuing operations of HK$21.0 million, down 58% YoY
  • 1H 2023 Profit Attributable to Equity Holders of the Company of HK$584.7 million, versus a Loss Attributable to Equity Holders of the Company of HK$(253.0) million in 1H 2022
  • Through the Group’s subsidiary Suntrust, the Group will focus on the development Westside City Project as top priority

Group & Segmental Results

  • 1H 2023 Operations of integrated resort in the Russian Federation contributed revenue of approximately HK$182.0 million, up 2% YoY
  • 1H 2023 Management and operation of malls segment revenue of approximately HK$8.9 million, down 29% YoY
  • No revenue has been recorded in the operation of integrated resort in the Philippines as Westside City Project is still construction in progress

Hoiana, Vietnam: Significant Growth in GGR and Adjusted EBITDA; First Reporting Period Without Travel Restrictions

  • 1H 2023 Net Gaming Revenue of US$29.3 million, up 546% compared to 1H 2022
  • 1H 2023 Total Gross Gaming Revenue (“GGR”) of US$113.8 million, up 687% compared 1H 2022
  • 1H 2023 Adjusted EBITDA of US$10.1 million, versus negative US$(25.8) million in 1H 2022

Tigre de Cristal, Russia: Local Mass and Slots Volumes Steady

  • 1H 2023 Net Revenue from Gaming Operations of HK$167.3 million, down 0.2% YoY
  • 1H 2023 Total GGR of HK$197.0 million, down 0.6% compared to 1H 2022
  • 1H 2023 Adjusted EBITDA of Tigre de Cristal was HK$57.0 million, down 5% YoY
  • Average Hotel Occupancy was 63% during weekends and 30% during weekdays in 1H 2023


Balance Sheet

  • Bank Balances & Cash of HK$873.5 million as of 30 June 2023
  • Total Other Borrowings of approximately HK$150 million as of 30 June 2023
  • Gearing ratio was approximately 7.6% as of 30 June 2023 (31 Dec 2022: 29.3%)

A Letter FROM THE CHAIRMAN

Dear valued Shareholders and Stakeholders,

I extend my warmest greetings to each and every one of you. As the Chairman of LET Group Holdings Limited, it is with great pleasure that I provide you with an update on our organisation’s current flagship project, Westside City Project, in the Philippines. Likewise, I wish to emphasise our unwavering commitment to delivering unparalleled Asian hospitality experiences to our esteemed guests when Westside City Project soft opens in late 2024.

Since assuming the role of Chairman in August 2022, I am delighted to report that LET Group has achieved significant milestones. Through meticulous efforts, we successfully rebranded our listed company, restructured our balance sheet to reduce debt, and secured a substantial loan from a prominent local financial institution. These decisive actions have empowered us to persevere in the face of prevailing market sentiment adversities within the gaming sector hindered by travel restrictions previously.

I am pleased to inform you that our subsidiary Suntrust, the operator of Westside City Project, has made strides in securing its future financial stability. The successful drawdown of the loan signifies not only the confidence bestowed upon the Group’s managerial prowess and operational capabilities, but also serves as a resounding vote of confidence from financial institutions familiar with the local business environment. This development stands as a significant milestone, bolstering our shareholders’ confidence in LET Group’s ability to execute the delivery of an exceptional integrated resort with superior profitability. Furthermore, the financial backing received serves as a testament that the project remains on track, both in terms of timely completion and adherence to the budget.

As Chairman of LET Group, I take immense pride in leading an exceptional team that is wholeheartedly committed to the creation and delivery of a truly extraordinary integrated resort entertainment complex. Our newly created brand LETX Lifestyle is characterised by its youthful dynamism and distinguished by the provision of bespoke care and exceptional product offerings, accompanied by authentic services. Allow me to assert that every endeavour undertaken by us is aimed at surpassing the realms of conventional excellence.

Our core values of Leisure, Entertainment, and Taste serve as the guiding principles in our pursuit of creating a transcendent experience that seamlessly merges contemporary and traditional luxury. Westside City Project is poised to emerge as the iconic destination for both local residents and Asian tourists seeking respite and entertainment, particularly those from Japan and South Korea. To cater to their discerning tastes, we offer an array of exceptional food and beverage offerings. I have also searched globally for the finest whiskeys and cigars to stock Asia’s finest cigar and whiskey bar. As a member of the rapidly growing economy in the developing country, the middle class in the Philippines is increasingly pursuing a higher quality of life with increasing sophistication. Our brand epitomises a lifestyle incubator, where bespoke care, authentic services, and exceptional product offerings converge, creating an oasis of tranquillity amidst the ceaseless clamour of our dynamic world.

Meanwhile, in Vietnam, Hoiana is experiencing a surge in demand from both domestic and international visitors. It is noteworthy that, for the first time in our financial reporting history, Hoiana’s Adjusted EBITDA has surpassed that of Tigre de Cristal’s in the first half of 2023, a true testament of the quality of Hoiana as an integrated resort when travel restrictions is no longer in force. Encouraging arrival data signals the return of tourists to Vietnam, and our dedicated team remains steadfast in providing our esteemed guests with superlative services and authentic experiences. In Russia, the persisting political instability has been a source of disappointment; nonetheless, local business contribution has been stable while we remain resolute in our pursuit of exploring new opportunities to diversify our operations to locations that yield the highest and most favourable returns.

At LET Group, we take pride in our unwavering commitment to delivering exceptional product offerings and bespoke care that transcend the ordinary. Our valued guests, partners, and stakeholders have played a pivotal role in our success. With your unwavering support, we harbour utmost confidence that our flagship resort, Westside City Project, will flourish in the years ahead.

Thank you for your trust and confidence in LET Group.

Warm regards,
Mr. Lo Kai Bong (Andrew)
Chairman
LET Group Holdings Limited

Development Update

Westside City Project, Philippines

Significant progress has been made in the construction of the Mian Hotel Casino, with the exterior podium now completed, and the focus turned towards building upwards. Façade works are ongoing while the hotel’s interior fit-out should commence soon, given that the podium has reached a water-tight condition. With the structural topping-off milestone has also been achieved, the team is looking forward to a soft opening by the end of 2024, with the grand opening slated for 2025. Meanwhile, Suntrust has already started recruiting operations staff for the upcoming launch of the integrated resort.

When all phases of Westside City Project are ready, it will consist of:

  • Approximately 300 tables
  • Over 1,300 electronic gaming machines
  • Over 450 five-star hotel rooms including state-of-the-art party rooms and suites
  • All sorts of amenities that fits our LET theme Leisure, Entertainment and Taste, including the privileged LET Club, Cigar and Wine bars, night clubs, Wellness Spa, and a Director’s Club
  • Approximately 1,000 car park spaces

Westside City Project will be integrated with the shopping malls, theatres, restaurants, and shopping streets, etc. to be built by our local partner Westside/Travellers. They will also build additional hotel rooms, a shopping mall, a Grand Opera House, restaurants, a theatre district and an additional of approximately 2,000 car park spaces.

Hoiana, Vietnam

Hoiana Resort & Golf, Vietnam’s premier world-class beachfront integrated resort, graces the pristine coastline near the UNESCO World Heritage Site in Hoi An, Vietnam. The stunning 4-kilometer beachfront complex features four luxury hotels – Hoiana Hotel & Suites, offering 141 beautifully appointed suites; New World Hoiana Hotel, with 476 guestrooms; New World Hoiana Beach Resort, boasting 330 elegantly and sustainably designed rooms and suites; and Rosewood Hoi An (opening soon). Additionally, Hoiana Residences provides a home away from home with 270 luxuriously and spaciously appointed apartments.

Hoiana has completed its first phase of an overall $4 billion development project, encompassing 1000-hectares of land just south of Hoi An, Quảng Nam. With an ambitious development plan in the pipeline, Hoiana will continue to set a new benchmark for luxurious tourism in Vietnam while balancing its cultural heritage, to bring economic prosperity and opportunity to the central province of Quang Nam.

Tigre de Cristal, Russia

Due to the unpredictable and volatile geopolitical tensions, we are now taking a conservative approach to investing in Russia.

Outlook

We are pleased to announce that our company has achieved its first-ever financial results unencumbered from the impact of COVID-19 restrictions in 2023 1H. Notably, the return of tourists to Vietnam has resulted in a remarkable increase in the Adjusted EBITDA of Hoiana, surpassing that of Tigre de Cristal for the first time ever. This is a testament to Hoiana’s superior quality and untapped potential as an integrated resort that has overcome temporary operational difficulties due to pandemic-related travel restrictions. With our expertise in gaming operations, we believe that there is still considerable potential to be unlocked in the Vietnamese integrated resort market. Nevertheless, our favourite location is the Philippines and we will delft into why below.

In terms of our integrated resort portfolio perspective, our investment in Westside City Project in the Philippines offers the greatest potential for significant returns compared to Hoiana and Tigre de Cristal in the future. Westside City Project, with its soft opening set to launch in late 2024, will be the crowning jewel in the already impressive collection of integrated resorts in the Entertainment City in Manila, the Philippines. Our gaming operation experience reinforces our position to become one the most prominent and latest integrated resort, incorporating state-of-the-art technology in the region.

The Manila gaming market has tremendous growth potential, with a compound annual growth rate (CAGR) of over 24% leading up to the pandemic, the highest growth rate in the entire Asian region. Entertainment City in Manila stands head and shoulders above other gaming destinations in Asia in terms of growth, boasting an impressive integrated resort cluster-effect that connects the area to the Manila Ninoy International Airport. Westside City Project also has a strategic location advantage, with connectivity to the existing Ayala Mall, and the conjoined access to Megaworld’s largest hotel complex in the country, Westside City Project is seamlessly blending into the heart of Manila’s growing resort metropolis.

Our exclusive agreement with Alliance Global Group Companies, a Philippine leader in the corporate world, adds to the allure of the best minds in the Philippines working together to build the next integrated resort. As the controlling shareholder of Suntrust Resorts, Inc., we will become a Hong Kong listed corporate reporting the performance of the Philippines’ gaming business in our consolidated financial statements. With the disposal of non-core assets such as the property development business in China, the aircraft, and land parcels in Niseko, Hokkaido, the Group is now fully focused on developing integrated resorts in a location with the highest and best returns.

Together with our flagship Westside City Project in the Philippines, Hoiana in Vietnam, and Tigre de Cristal in Russia, the Group is well-positioned to capture the growth of tourism in Asia.

Hashtag: #LETGroupHoldings

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

LET Group Holdings Limited (HKEx: 1383)

LET Group Holdings Limited (“LET Group” or “the Group“) develops and operates integrated resorts across Asia, including the Philippines, the Russian Federation and Vietnam. The Group also operates in the mall operation segment.

LET Group is the parent company of Suntrust Resort Holdings, Inc. (“Suntrust“, PSE: SUN), the developer and operator of Westside City Project in the heart of Entertainment City in Manila, the Philippines. When the integrated resort is completed, Westside City Project will consist of entertainment facilities and five-star hotel rooms that conceptualise our theme Leisure, Entertainment and Taste. LET Group is also the parent company of Summit Ascent Holdings Limited (“Summit Ascent“, HKEx: 102). Summit Ascent is the operator of the largest integrated resort in Russia, known as Tigre de Cristal, based in Vladivostok in the Far East. Hoiana is an integrated resort that LET Group jointly develops with our investment partners. Located in Central Vietnam, Hoiana Phase 1 is an integrated resort with over 1,000 rooms, award-winning golf course and pristine beaches. In addition, the Group operates a shopping mall in China.

For more information about LET Group, please visit

Bitgamo: First Crypto Exchange to Fiat with No KYC or Account Registration

Luxembourg – News Direct – 29 August 2023 – Bitgamo is quickly emerging as a sensation in the global crypto market by offering crypto to fiat exchange without any KYC or account registration. As the first crypto exchange to offer this highly useful benefit, the company is looking to popularize crypto in countries that are lagging behind in adopting digital currencies. Making things even more exciting, this rapidly growing crypto exchange offers higher price compared to the current market price.

Key Features of Bitgamo
• Best rate of exchange on the market
• No account registration is required
• No need to furnish documents such as passport, other identity proofs, proof of funds, etc.
• Instant transaction

Bitgamo is able to offer considerably higher exchange rates compared to others because it distributes the cryptocurrencies through multiple third-parties to Middle East and other countries where obtaining or investing in cryptocurrencies is extremely difficult. As an accountless crypto exchanger, they offer the fastest, safest and most private alternative to convert crypto to USD. Users can complete transactions seamlessly and instantly with just one click.

Protecting the privacy its customers is a high-priority for Bitgamo. Unlike other similar services, the company doesn’t use any third-party web analytics, customer service software, marketing automation platforms and email marketing campaigns. As a proponent of decentralization, Bitgamo has set extremely high standards for protecting user data and privacy.

To find out more about Bitgamo, please visit https://bitgamo.com/

Contact Details

Bitgamo
Gabriel Weber
press@bitgamo.com

Company Website

https://bitgamo.com/

Hashtag: #Bitgamo

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

About Bitgamo:

Bitgamo is a cryptocurrency exchange founded in 2020 by a noted financial group with the vision to introduce the benefits of crypto in countries where it is difficult to buy or own cryptocurrencies while addressing privacy related concerns. By redistributing cryptocurrencies through multiple third-parties, Bitgamo offers up to 10% higher price compared to market price.

Quester: A Decade of Triumphs and Transformations

UD Trucks marks a decade of recognizing the accomplishments and development of Quester. Debuted in 2013, Quester continues to bring flexibility in transport application, while enabling ultimate dependability through optimal TCO (total cost of ownership) and uptime reliability.

SINGAPORE – Media OutReach – 29 August 2023 – UD Trucks celebrates the 10th anniversary of the heavy-duty Quester and reflects proudly upon its journey of innovation and expansion. Quester has aimed to embody the company’s vision of creating trucks that meet the present-day requirements of the world. Developed with a strong focus on customer needs and leveraging UD Trucks’ 87-year history of Japanese engineering expertise, Quester stands as a contemporary, heavy-duty truck tailored to cater to the demands of growing markets and around the world.

UD Trucks Quester.jpg

The first Quester began its journey on the road in 2013, first in Thailand. Today, UD Trucks is proud to announce that over the last 10 years, Questers have been on the roads of over 46 countries across 4 continents.

Jacques Michel, Senior Vice President of UD Trucks International Sales, said: “Since the introduction and the continuous innovations we have pioneered with Quester, UD Trucks has always kept the Gemba spirit top of mind. We are committed to stay closely connected to the field and understand the requirements of our customers in different markets. We aim to continue to be their preferred transport solution provider.”

Evolution of Quester

In the last decade, Quester has expanded its lineup to feature a range of 13 configurations, showcasing its remarkable versatility for businesses. This encompasses the introduction of a novel 8-liter GH8E engine alongside the initially introduced 11-litre GH11E variant, both engineered for substantial torque output and efficient fuel consumption through low engine speed operation. The available horsepower options span from 250 to 460, and buyers can also choose between a 9-speed or 12-speed gearbox together with single or hub reduction drive axles. Additionally, Quester offers an array of axle configurations, including 4×2, 6×2, 6×4, 8×2 and 8×4, with the first 3 available for both tractor and rigid applications. Quester’s high-roof large cab option also offers class-leading space for driver’s comfort.

New Quester introduced in 2019 elevates the driving experience

Expanding upon Quester’s established durability and dependability, New Quester incorporated notable enhancements like the ESCOT automated manual transmission, more powerful engines, and intuitive telematics. These improvements aimed to provide improved fuel efficiency, productivity, drivability, safety, and uptime.

Fuel costs typically constitute 60 percent of operating costs for fleet operators. New Quester achieved an even greater improvement in fuel efficiency of up to 10 percent compared to the first Quester model by incorporating the ESCOT automated manual transmission, reducing vehicle weight, and optimizing the driveline[1].

The ESCOT automated manual transmission system incorporated specialized software that optimizes gear shifts based on engine revolutions, vehicle speed, load weight, and road gradient. This intelligent system also featured a sensor that automatically selects the most suitable starting gear, rather than defaulting to first gear.

New Quester’s advanced fuel efficiency was meant to align with the global call for reducing consumption. The New Quester met the fuel economy and quality requirements for heavy-duty vehicles, ranging from Euro 3 to Euro 4, across all intended markets.

New Quester’s automatic selection of the most suitable gear was also meant to make driver training easier and improve drivability. It’s easy-to-operate gear lever, which uses a straight shifting pattern, was meant to help companies expand their pool of drivers by making driving more intuitive and easier to pick up.

The New Quester was also intended to elevate the driving experience. Designed to feature an air-suspended cab and a ride comfort package that effectively decreases cab vibrations by as much as 18 percent, driver comfort was further prioritized through the inclusion of ergonomic seats and lumbar support.

Euro 5 compliant Quester embodies value of sustainability

UD Trucks was the pioneering truck manufacturer to introduce Selective Catalytic Reduction (SCR) technology back in 2004.

Continuing its efforts to promote sustainability, the Euro 5 Quester made its debut in 2021 as a heavy-duty truck that would enhance customers’ business operations while minimizing the impact on the environment as much as possible.

Euro 5 standards bring forth a reduction of approximately 43% in NOx emissions compared to Euro 4, resulting in substantial decrease in the vehicle’s carbon footprint due to cleaner exhaust emissions.

The latest Euro 5 Quester incorporates SCR technology, offering a substantial enhancement in environmental preservation and fuel efficiency. This technology’s reliability in effectively reducing NOx emissions is evident when compared to other methods of emission control. The Euro 5 Quester also revolutionized the scene with real-time fuel and driver coaching. This enhancement provided truck operators with immediate and specific feedback on more fuel-efficient driving techniques.

Leveraging technology for a smart future

New Quester and its Euro 5 range further enhanced Quester’s existing and impressive standout features.

Since 2018, all trucks come equipped with UD Connected Services, which possess the capacity to establish a direct connection with UD Trucks workshops, enabling real-time monitoring and preemptive identification of each vehicle’s status and maintenance requirements prior to potential emergencies. The analysis of preventive maintenance offers customers guidance through monthly reports on driving patterns and fuel usage, leading to improved operational efficiency and enhanced fuel economy in the long run.

Quester also prides itself for unwaveringly staying true to its ethos of “Made to go the extra mile”, by increasing uptime through UD Extra Mile Support. Presenting a widespread network of highly skilled service technicians, it has been delivering top-notch aftersales support including service agreements, connected services, genuine parts, service planning, and comprehensive vehicle handover training. These efforts collectively enhance fleet performance across global markets to its utmost potential.

Jacques Michel, Senior Vice President of UD Trucks International Sales, said: “We are proud of the tremendous achievements Quester has accomplished thus far, UD Trucks is aware that customer needs as well as the industry landscape is always dynamic and changing. We will continue to collaborate, innovate and most importantly, keep listening to the needs of our customers to ensure that Quester stays true to its promise to “go the extra mile”.

For more information, please visit http://www.udtrucks.com/en-int/home


[1] The extent of improvement depends on factors such as operating conditions, driving habits, and vehicle maintenance.

Hashtag: #UDTrucks

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

UD Trucks

UD Trucks is a leading Japanese commercial vehicle solutions provider, active in more than 60 countries on all continents. Since its inception in 1935, the company has been an innovation leader with a clear vision to provide the trucks and services the world needs today.

The company is committed to go the extra mile for smart logistics with the most dependable solutions for demanding customers. To best support across applications and geographies, UD Trucks offers a full range of heavy-duty trucks – Quon and Quester, medium duty trucks – Condor and Croner, and light-duty trucks – Kazet and Kuzer, as well as associated operational and financial services.

UD Trucks is a proud member of Isuzu Group.

Cambodia to Launch Flight Routes to India in Early 2024

Cambodia, India Eyes Direct Flight Routes
Tourists at Angkor Wat in Cambodia. (Photo: KhmerTimes)

As Cambodia and India move closer to finalizing a bilateral free trade agreement, residents of both nations can anticipate the introduction of direct flight routes by early next year.

Laos, Cambodia, Myanmar and Philippines See Arrest of Over 300 Telecom Fraud Suspects

Some of the suspects involved in telecom fraud repatriated back to China from Myanmar (Photo: Chinese embassy in Myanmar)

Chinese police have worked with their law enforcement counterparts in Laos, the Philippines, Cambodia, and Myanmar since the beginning of this year and arrested more than 300 suspects involved in telecom fraud.

World’s Aviation and Logistics Changemakers Converge on Hong Kong to Steer Future Development in 2024

HONG KONG SAR – Media OutReach – 29 August 2023 – Further to the successful completion of the 3rd JCtrans Global Freight Forwarders Expo and International Air Transport Association (IATA) Aviation Day at AsiaWorld-Expo (AWE), the world of logistics and aviation is looking to Hong Kong to spearhead industry exchanges and new growth opportunities. Industry experts are inspired by the city’s new infrastructure, and its strategic role as an international logistics and aviation hub as well as being an important gateway of the Greater Bay Area (GBA).

Hong Kong International Airport
Hong Kong International Airport

On top of the home-grown Asian Logistics, Maritime and Aviation Conference (ALMAC) to be held in November this year, IATA World Cargo Symposium 2024, Aero-Engines Asia-Pacific 2024 and Super Terminal Expo 2024 will all be staged in Hong Kong for the first time.

Kenneth Wong, General Manager, MICE & Cruise of the Hong Kong Tourism Board (HKTB) said “We are thrilled that Hong Kong has become the destination of choice for multiple aviation and logistic events! The city’s status as an aviation hub with a globally connected transportation network, a future-proof Airport City development, top-notch convention venues and a gateway to the GBA makes it a strategic choice in the region to host major industry events. ”

Hong Kong as an aviation hub

Located in the heart of Asia, Hong Kong is within five hours’ flight of half of the world’s population, with Hong Kong International Airport (HKIA) providing globally renowned air transport services. It is frequently ranked among the world’s busiest international passenger airports as it hosts some 120 airlines; it is also the busiest cargo airport in the world, with cargo throughput of 4.2 million tonnes in 2022, making it one of very few airports that’s a leader in both fields.

Airport City as a booster for business events

To enhance the connectivity with the GBA and the world, HKIA is transforming itself from a city airport to an Airport City.

A robust expansion strategy is in place including the Three-runway System that will increase capacity by 50% to be able to serve 120 million passengers and 10 million tonnes of cargo annually. Plans are in hand to strengthen the multimodal network with GBA cities through state-of-the-art cross-boundary infrastructure, Hong Kong-Zhuhai-Macao Bridge to ensure seamless travel via Hong Kong, which helps to facilitate more multi-destination exchange and excursions within the region. As part of the Airport City development, AWE – which is located right next to the international airport, is expanding to house the city’s largest indoor arena with over 20,000 seats, thus attracting more large-scale events to stage in town. These enhancements position the city as a super-connector to capture more business opportunities of both the lucrative GBA market and the world, providing growth impetus to Hong Kong’s MICE industry.

Vivian Cheung, Chief Operating Officer, Airport Authority Hong Kong and Hong Kong Convention Ambassador said, “I am thrilled to bring significant industry events to our city, which reflects the role of Hong Kong as a leading aviation, transportation and logistics hub. As a member of the Hong Kong Convention Ambassador programme, I look forward to welcoming even more business events and delegates from around the world.”

Simon Li, Chairman of AWE commented, “AWE takes immense pride in facilitating transformative dialogues set to redefine the transportation and logistics sectors. The events will demonstrate the unprecedented synergies that can be achieved in all-in-one Lantau, the heart of Hong Kong’s transport network, comprises of new hotels, the city’s largest hub for retail, dining and entertainment – 11SKIES, and an award-winning MICE venue.”

IATA World Cargo Symposium to be hosted in Hong Kong for the first time

Having been the world’s leading air cargo hub for many years, HKIA will be the host airport for the 2024 edition of the IATA World Cargo Symposium in March. The conference is expected to attract over 1,000 attendees from around the world, with the aim of tackling subjects related to technology and innovation, security and customs, cargo operations, and sustainability.

Conrad Clifford, Deputy Director General and Corporate Secretary, IATA said, “Hong Kong has the elements needed to retain its status as an important aviation hub for both passengers and air cargo. This includes having a strong hub airline, Cathay Pacific, as well as having the experience and expertise in handling perishable goods, lithium batteries and other dangerous cargo. I am confident that Hong Kong’s traffic will return to pre-pandemic levels by the end of 2024, three years earlier than previously expected. This is in line with expectations of a faster recovery in the Asia-Pacific region.”

Super Terminal Expo 2024 inaugural in Hong Kong to capture world’s fastest growing market

Debuting at AWE in November 2024, Super Terminal Expo 2024 – the first of its kind – will feature dynamic networking opportunities and educational sessions as well as highlight important insights into trends and technologies shaping the future of cargo and passenger terminals, as well as ports, railways and building construction industries.

Michael Duck, Executive Vice President of Commercial Development for Informa Markets added: “The Asia-Pacific region is the largest global logistics and passenger transport market, and Hong Kong sits right at its heart. We are delighted to host the inaugural Super Terminal Expo in this thriving market. Right before the flagship exhibition, we will also host Aero-Engines Asia-Pacific 2024 as part of Aviation Week Network’s Aero-Engines series in the city in April 2024. These events present a raft of opportunities that will allow businesses to tap into the growing demand for logistics and passenger transportation services.”

Future Aviation, Transport, Logistics Conventions and Exhibitions

Event Event Date Venue
Asian Logistics, Maritime and Aviation Conference 2023 21-22 November 2023 Hong Kong Convention and Exhibition Centre
Asia Pacific Region Innovation & Capacity Building Symposium 2023 14-15 December 2023 AsiaWorld-Expo
IATA World Cargo Symposium 2024 12-14 March 2024 AsiaWorld-Expo
Aero-Engines Asia-Pacific 2024 24-25 April 2024 Renaissance Harbour View Hotel
Super Terminal Expo 2024 5-7 November 2024 AsiaWorld-Expo
CAPA Airline Leader Summit & Sustainability Awards 2024 6-7 November 2024 AsiaWorld-Expo

Hashtag: #HongKong #MICE #Aviation #Logistics #Transport #Convention #Exhibition

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

OPPO Next-gen Foldable Smartphone Coming Soon to Global Markets

  • OPPO Find N3 Flip launched in China, coming soon to global markets
  • Find N3 Flip to set a higher standard for flip phones


SHANGHAI, CHINA – Media OutReach – 29 August 2023 – OPPO, the world’s leading smart device brand has announced a new gold standard for flip phones, with full details of Find N3 Flip’s availability and highlights to be revealed at OPPO’s upcoming global launch event.

OPPO_Find-N3-Flip-Warm-Up-Release.jpg

“For Find N2 Flip, we created the best flip phone possible, and now Find N2 Flip is the number one foldable in China. We couldn’t be more proud. For Find N3 Flip, we’re bringing upgrades across the board – elevated styling, an improved cover screen experience, and a game-changing flip phone camera – simply put, expect the exquisite from Find N3 Flip.”

Pete Lau, SVP and Chief Product Officer at OPPO.

OPPO_Find-N3-Flip-All-Colors.jpg

Finally, the wait for a flip phone with a flagship camera system is over. Overhauled and upgraded, Find N3 Flip breaks through size and space limitations, combining world-class hardware, OPPO’s powerful imaging engine, and iconic Hasselblad experiences.

Upgraded with a more intuitive and powerful cover screen, refined, elegant styling, long-lasting battery life, and so much more, Find N3 Flip rewrites the flip phone rulebook, cutting back on compromises, not camera performance.

Stay tuned to find out more about OPPO’s next-gen foldable at the upcoming global launch.

Hashtag: #OPPO

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

About OPPO

OPPO is a leading global smart device brand. Since the launch of its first mobile phone – “Smiley Face” – in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find X and Reno series. Beyond devices, OPPO also provides its users with ColorOS operating system and internet services such as OPPO Cloud and OPPO+. OPPO has footprints in more than 60 countries and regions, with more than 40,000 employees dedicated to creating a better life for customers around the world.