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Søren Skou appointed as Chair of the Advisory Board of Skyborn Renewables

HAMBURG, GERMANY – EQS Newswire – 15 March 2024 – Søren Skou, the former Chief Executive Officer (CEO) of A.P. Moller-Maersk (“Maersk”), has joined Skyborn Renewables (“Skyborn”) as Chair of the Advisory Board.

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“We are delighted to welcome Søren to Skyborn. His proven leadership skills and his deep understanding of, and appreciation for, the global energy transition make him an excellent choice for Chair of the Board of Skyborn Renewables,” said Raj Rao, President and Chief Operating Officer (COO) of Global Infrastructure Partners (GIP). “Søren will be a valued advisor and we are pleased to have him on board.”

During his tenure as CEO of Maersk from 2016 to 2022, Skou led a significant transformation of the company from a diversified conglomerate into an integrated, digitized and customer-centric global logistics company with a strong focus on sustainable growth.

“I am very pleased to join Skyborn,” said Skou. “As offshore wind continues to grow to support global decarbonization needs, combined with GIP’s partnership and role as one of the world’s leading infrastructure investors, I look forward to the future.”

Skyborn was launched in 2022 by GIP, a leading infrastructure investor, following the acquisition of 100% of the business which was previously operated as wpd offshore.

This press release and press photos are available at Newsroom (skybornrenewables.com)

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

About Skyborn Renewables

Skyborn Renewables is driving global decarbonization by accelerating offshore wind energy across the world. We believe offshore wind is a cornerstone of the clean energy transition and an enabler for achieving net-zero targets, ensuring energy security and developing a sustainable energy supply for future generations. Skyborn is an accomplished offshore wind developer and operator with more than 20 years’ experience. Our capabilities cover the entire offshore wind value chain, including greenfield development, project engineering and design, procurement, financing, corporate power purchase agreements, construction management and asset management. Skyborn is a portfolio company of Global Infrastructure Partners (GIP), a leading infrastructure investor headquartered in New York, USA. For more information, visit

About Global Infrastructure Partners

Global Infrastructure Partners (GIP) is a leading infrastructure investor that specializes in investing in, owning and operating some of the largest and most complex assets across the energy, transport, digital infrastructure and water and waste management sectors. With decarbonization central to our investment thesis, we are well positioned to support the global energy transition. Headquartered in New York, GIP has offices in Brisbane, Dallas, Hong Kong, London, Melbourne, Mumbai, Singapore, Stamford and Sydney.

GIP has approximately $106 billion in assets under management. Our portfolio companies have combined annual revenues of approximately $75 billion and employ over 115,000 people. We believe that our focus on real infrastructure assets, combined with our deep proprietary origination network and comprehensive operational expertise, enables us to be responsible stewards of our investors’ capital and to create positive economic impact for communities. For more information, visit .

Scientists Announce Discovery of ‘Very Strange’ 240 Million-Year-Old ‘Chinese Dragon’ Fossil

Scientists Announce Discovery of ‘Very Strange’ 240 Million-Year-Old ‘Chinese Dragon’ Fossil
Scientists Announce Discovery of ‘Very Strange’ 240 Million-Year-Old ‘Chinese Dragon’ Fossil

ABC News, LONDON — Scientists in Scotland have revealed a remarkable discovery of a “very strange” 240 million-year-old “Chinese dragon” fossil.

Prince Holding Group Hosts NUS Students for Global Industry Insights Program in Cambodia


PHNOM PENH, CAMBODIA – Media OutReach Newswire – 15 March 2024 – Prince Holding Group, one of Cambodia’s leading business groups, recently hosted students from the National University of Singapore (NUS) as part of the NUS Global Industry Insights (GII) program. This initiative aims to bridge academic learning with industry practice by immersing students in Cambodia’s vibrant economy, offering a mix of theoretical and practical insights.

Students from the National University of Singapore (NUS) recently visited the headquarters of Prince Holding Group for an immersive experience through the NUS Global Industry Insights Program. During their visit, they gained firsthand insight into the major real estate projects of Prince Real Estate Group.
Students from the National University of Singapore (NUS) recently visited the headquarters of Prince Holding Group for an immersive experience through the NUS Global Industry Insights Program. During their visit, they gained firsthand insight into the major real estate projects of Prince Real Estate Group.

Supported by the Prince Holding Group management team, the NUS delegation delved into the macroeconomic factors and entrepreneurial values driving Southeast Asia’s burgeoning economies. The program is tailored to augment their academic knowledge and prepare them for the global business arena.

A tour of Prince Holding Group’s headquarters was a key feature, showcasing major real estate developments by Prince Real Estate Group. This gave students a firsthand look at projects combining modern urban planning with sustainability, enhancing their understanding of the region’s market dynamics.

During their week in Cambodia, the students participated in activities aimed at deepening their knowledge of the country’s economic and cultural landscape. Engagements with local entrepreneurs and cultural workshops emphasized the importance of cultural adaptability in business.

The students valued the hands-on learning and cultural exchanges, highlighting the program’s emphasis on active participation and teamwork as key to their learning experience.

This collaboration between Prince Holding Group and NUS exemplifies the impactful synergy between education and business in shaping future leaders.

Visits to companies and networking events broadened their perspective on the ASEAN region, with a special focus on Singapore’s strategic role.

Aligned with this initiative, Prince Foundation, the philanthropic arm of Prince Holding Group led by Chairman Chen Zhi, continues to promote higher education in Cambodia. The foundation recently announced its third batch of Chen Zhi Scholarship recipients, having awarded 300 scholarships to date, reaffirming its dedication to fostering educational excellence and empowering youth.

Hashtag: #PrinceHoldingGroup

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

About Prince Holding Group

Prince Holding Group is one of Cambodia’s largest business groups, spanning across real estate development, financial services, and consumer services.
Prince Holding Group’s key business units in Cambodia include Prince Real Estate Group, Prince Huan Yu Real Estate Group, Prince Bank, BR Capital Management, and Awesome Global Investment Group. Via its subsidiaries, Prince Holding Group has over 100 businesses in Cambodia operating in real estate development, banking, finance, tourism, logistics, technology, food and beverages, lifestyle sectors, etc.
Leveraging a network of industrial, business, and financial professionals across Asia, Prince Holding Group is firmly committed to the long-term development of Cambodia.
Moving forward, Prince Holding Group will continue to seek out opportunities to play an important role in Cambodia through partnerships or direct investments into key industries for the betterment of Cambodians and the local economy.

Savannakhet Province Faces Backlash Over Sudden Ban on Coal Production, Use

Savannakhet Province Faces Backlash Over Sudden Ban on Coal Production, Use
FILE: this image is used only for representational purposes (photo: Coal selling)

Savannakhet Province’s recent decision to halt all activities related to coal production and use stirred controversy and discontent among residents, particularly those in rural areas.

Fortune Launches First Innovation Forum in Hong Kong March 27- 28


All new annual conference on critical issues in tech, finance, talent and energy, with a spotlight on Asia and convening industry leaders and investors from some of the world’s most dynamic companies

Over 60 speakers, including top executives from Google, Amazon, Intel, Nike, Rakuten, Walmart, Cathay Pacific, Dow, Medtronic and more

Summit kicks off with special Fortune Most Powerful Women networking program featuring top female leaders from Asia

HONG KONG SAR – Media OutReach Newswire – 15 March 2024 – Fortune announced today the launch of the Fortune Innovation Forum, an all-new global conference series with a spotlight on Asia, scheduled to take place in Hong Kong, March 27 – 28. Fortune considers Hong Kong, a leading international financial center and innovation and technology hub, as an ideal location to launch this new event series.

The inaugural Fortune Innovation Forum Hong Kong will bring together experts, investors, and leaders of the world’s largest companies to share insights on the forces reshaping the global economy. Led by Fortune editors, panel discussions will explore how obstacles and opportunities – from AI to data insights to climate crisis – can impact the fast-changing global economy. Additional topics at the Forum include the future of finance, the rise of China’s electric vehicle industry, and training the workforce for tomorrow. Fortune Innovation Forum will also shine a spotlight on investment opportunities across Asia, an economically dynamic region.

The Fortune Innovation Forum is supported by Brand Hong Kong and the Hong Kong Tourism Board. The summit will kick off with a special Fortune Most Powerful Women breakfast featuring a gathering of more than 40 top female leaders from around the globe for candid discussions about leadership in a time of monumental change.

The Fortune Innovation Forum program will also feature peer-to-peer breakout sessions, networking events and a special opening night dinner featuring renowned AI expert and investor Kai-Fu Lee. The mainstage program will offer insights from top experts on global business and the world economy, including Bonnie Y Chan, Chief Executive Officer, Hong Kong Exchanges and Clearing Limited; Kathryn McLay, President and CEO, Walmart International; Geoff Martha, Chairman and CEO, Medtronic; and Lawrence H. Summers, Former U.S. Treasury Secretary.

Additional Fortune Innovation Forum confirmed speakers, moderators, and guests include:

  • Evan Auyang, Group President, Animoca Brands
  • Scott Beaumont, President, Google Asia Pacific
  • Raymund Chao, Asia Pacific and China Chairman, PwC China
  • Nicole Chen, Managing Director, Data & Analytics, Greater China & North Asia, London Stock Exchange Group
  • Angela Dong, Vice President, Nike Inc.; General Manager, Nike Greater China
  • Tony Fernandes, Chief Executive Officer, AirAsia
  • Victor Fung, Chairman, Fung Investments
  • Jo Ling Kent, Senior Business and Tech Correspondent, CBS News
  • Kai-Fu Lee, Chairman, Sinovation Ventures; Founder and CEO, 01.AI
  • Dongsheng Li, Founder and Chairman, TCL
  • Geoff Martha, Chairman and CEO, Medtronic
  • Kathryn McLay, President and CEO, Walmart International
  • Joe Ngai, Chairman, McKinsey & Company, Greater China
  • Ronald Lam, Chief Executive Officer, The Cathay Group
  • Poman Lo, Vice Chairman and Managing Director, Regal Hotels Group
  • Tokiko Shimizu, Assistant Governor, Bank of Japan
  • Jane Sun, Chief Executive Officer, Director, Trip.com Group Limited
  • Jean-Pascal Tricoire, Chairman, Schneider Electric
  • Joey Wat, Chief Executive Officer, Yum China
  • Cherry Zhu, President, Dow Greater China

Kenneth Wong, General Manager of MICE and Cruise of the Hong Kong Tourism Board, said, “With the joint effort of Brand Hong Kong, we are excited to support Fortune to launch this brand-new financial innovation forum. It is a perfect fit with our strategy of growing globally important events and showcasing Hong Kong’s strong fundamentals and latest developments to business leaders attending the event. The event’s timing in March is opportune for enriching delegates’ experiences, with major art events this month from Hong Kong’s efforts in empowering its mega events economy. We look forward to delivering the best that Hong Kong has to offer for both business and leisure.”

Clay Chandler, Fortune Executive Editor, Asia and Chair, Fortune Innovation Forum, said, “The Fortune Innovation Forum will bring together a unique combination of executives, investors, and experts to share insights at a critical moment in the evolution of the global economy. We’ll talk about leadership, change, resilience, and how businesses are coping in a time of divergent economic growth cycles, a reconfiguration of global trade flows, and extraordinary technological progress. We’ll tackle topics that matter in the lively, freewheeling style for which Fortune conferences are renowned.”

The 2024 Fortune Innovation Forum’s additional partners are Guangdong Guangxin Holdings Group Ltd., Wuliangye and Accenture. For more information and the complete agenda, please visit Fortune Innovation Forum 2024.

Hashtag: #Fortune

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

About Fortune

Fortune upholds a legacy of award-winning writing and trusted reporting for executives who want to make business better. Independently owned, with a global perspective and digital agility, Fortune tells the stories of a new generation of innovators, builders, and risk takers. Online and in print, Fortune measures corporate performance through rigorous benchmarks, and holds companies accountable. Fortune creates communities by convening true thought leaders and iconoclasts – those who shape industry, commerce and society – through powerful and prestigious lists, events and conferences, such as the iconic Fortune 500, the and Most Powerful Women. For more information, visit .

To Protect Everyone’s Health is to Protect Everyone’s Rights

Op-Ed by Patricia Ongpin, UNAIDS Country Director for Cambodia, Laos and Malaysia

Bay of Lights’ New Partnership with Annual Investment Meeting Congress Paves Way for Cambodian-Middle East Economic Ties


SIHANOUKVILLE, CAMBODIA – Media OutReach Newswire – 15 March 2024 – Bay of Lights development, Cambodia’s burgeoning financial and tourism beacon, is proud to announce its groundbreaking strategic partnership with the United Arab Emirates’ premier investment platform, the Annual Investment Meeting (AIM) Congress. This partnership marks a pivotal step in bolstering the growing ties between Asia and the Middle East and is set to ignite a dynamic phase in Cambodia’s economic development.

A New Chapter Begins: Signing the Strategic Partnership at Bay of Lights Business Center
A New Chapter Begins: Signing the Strategic Partnership at Bay of Lights Business Center

After almost a year of negotiations and insightful exchanges, including several visits by AIM’s Director General, this collaboration was formalized amid great anticipation. The milestone agreement was signed at Bay of Lights’ new Business Center in Sihanoukville, presided by Deputy Governor of Preah Sihanouk Province, Em Pheap.

His Excellency Dawood Al Shezawi, President of AIM Congress, as the ceremony’s signatory, highlighted the partnership’s significance. This agreement allows AIM Congress Asia to be hosted at Bay of Lights, Sihanoukville, offering a platform for global investors and government officials to discover Cambodia’s extensive opportunities.

AIM Congress is a leading Middle Eastern investment platform focusing on FDI opportunities, future cities, and SMEs. They have hosted over 10,000 delegates across 175 countries, partnering more than 500 exhibitors to drive economic growth and international ties.

The synergy between Bay of Lights and AIM Congress is poised to channel Middle Eastern investments into the heart of Asia, stimulating growth and prosperity. Together, both parties plan to build Sihanoukville’s first international Convention and Exhibition Center within Bay of Lights, an 11-hectare state-of-the-art venue for global conventions and premier events.

This landmark agreement is far from the climax of this collaboration; May this year is set to witness another milestone. In Abu Dhabi, at AIM Congress 2024, the partners are expected to finalize the joint development agreement, further solidifying their commitment to shaping a flourishing future through innovative development strategies.Hashtag: #BayofLights

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

Bay of Lights

Bay of Lights is a pioneering development reshaping the skyline of Sihanoukville, Cambodia. With investment of USD 16 billion, this sprawling 934-hectare beachfront project has been meticulously master-planned to feature nine distinctive districts supporting the initiative’s six core pillars: Financial Services, Tourism, Education, Entertainment & Lifestyle, Health & Wellness, as well as Art & Culture. Driven by a vision to create a world-class financial and tourism hub, Bay of Lights design encourages a sense of connectivity between diverse sectors and stimulating economic growth.

Decision-makers’ demand for talent resilient despite softer overall hiring market, KPMG survey finds

Accessing more diverse talent polls and talent matching will be key for employers


HONG KONG SAR – Media OutReach Newswire – 15 March 2024 – Hiring sentiment overall in Hong Kong and the Chinese Mainland is softer. However, a KPMG survey shows a more optimistic outlook from C-level executives in Hong Kong, suggesting that there is still a need for top talent who can drive results in their organisations.

For KPMG’s annual report titled Hong Kong Executive Salary Outlook 2024 , 1,103 business executives and professionals were surveyed to measure employment trends and career opportunities. Among these, 552 work in Hong Kong or have a home base there and 551 work or have a home base in the Chinese Mainland. The research covered the latest headcount expectations, salary outlook, talent trends and other relevant topics.

David Siew, Partner, People Services, KPMG China, says: “This year’s results signal that there will continue to be demand from C-level executives for talent that can drive performance. Ongoing business transformation and the changing business environment will mean that roles and responsibilities will continue to evolve. In 2024, accessing more diverse talent pools and talent matching will be key for employers.”

Expectations for increased headcounts declined across all sectors compared to the prior year, with a corresponding increase in expectations for decreased headcounts. On the contrary, C-level decision-makers are more optimistic about headcount than the general workforce in 2024. Over 80% of executives are expecting no change or an increase in headcounts, with only 14% expecting a decrease. As these executives have better insight into their organisations’ plans, their views may provide a better indicator of future trends.

In 2023, 43% of respondents sought career moves, but less than half that percentage (15%) landed new roles, reflecting that talent matching is becoming more challenging and enterprises are failing to match talent with job positions. 39% of respondents are looking to make career moves in the first half of 2024, representing an increase compared to last year despite a challenging market environment. 74% of respondents who made career moves in 2023 saw a salary increment, with an average increment of 17%.

From employers’ perspective, 97% of the C-level and HR respondents experienced challenges in hiring the right talent to meet business demands. Among those, 63% found such challenges unmanageable.

Eric Cheng, Director, Executive Search and Recruitment (Hong Kong SAR), KPMG China, says: “While fewer job seekers landed new roles in 2023, they remain active. We see challenges around enterprises failing to match talent with job positions and employees lacking the specific skills sought. Against this backdrop, organisations can consider investing in training existing staff to retain talent, and accessing additional recruitment channels to find new talent. Relatedly, professionals looking to make career moves may need to upskill to meet the needs of the market.”

Hong Kong professionals most commonly saw an increase of 3% to 5% following salary reviews with the same employer in 2023, which aligns with government figures showing an increment of 4.65% for civil servants in the middle and lower salary bands. Respondents in Hong Kong also remain optimistic about their salary outlook, with 78% expecting an increase in salary in 2024, compared to 74% last year. Most respondents are expecting modest increments in their upcoming salary reviews.

In 2024, 73% of respondents would consider relocating within or to the Greater Bay Area (GBA) for work. The top three factors luring them to the region are better career and industry prospects, higher income, and exposure to a greater breadth of work. Innovation and technology, financial services, and professional and consulting services are expected to present the most job opportunities in the GBA.

Hashtag: #KPMGChina

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

About KPMG China

KPMG China has offices located in 31 cities with over 15,000 partners and staff, in Beijing, Changchun, Changsha, Chengdu, Chongqing, Dalian, Dongguan, Foshan, Fuzhou, Guangzhou, Haikou, Hangzhou, Hefei, Jinan, Nanjing, Nantong, Ningbo, Qingdao, Shanghai, Shenyang, Shenzhen, Suzhou, Taiyuan, Tianjin, Wuhan, Wuxi, Xiamen, Xi’an, Zhengzhou, Hong Kong SAR and Macau SAR. Working collaboratively across all these offices, KPMG China can deploy experienced professionals efficiently, wherever our client is located.

KPMG is a global organization of independent professional services firms providing Audit, Tax and Advisory services. KPMG is the brand under which the member firms of KPMG International Limited (“KPMG International”) operate and provide professional services. “KPMG” is used to refer to individual member firms within the KPMG organization or to one or more member firms collectively.

KPMG firms operate in 143 countries and territories with more than 265,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. Each KPMG member firm is responsible for its own obligations and liabilities.

KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.

In 1992, KPMG became the first international accounting network to be granted a joint venture licence in the Chinese Mainland. KPMG was also the first among the Big Four in the Chinese Mainland to convert from a joint venture to a special general partnership, as of 1 August 2012. Additionally, the Hong Kong firm can trace its origins to 1945. This early commitment to this market, together with an unwavering focus on quality, has been the foundation for accumulated industry experience, and is reflected in KPMG’s appointment for multidisciplinary services (including audit, tax and advisory) by some of China’s most prestigious companies.