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Protesters in Bangkok Call on Senators to Approve Vote Winners’ Choice for Prime Minister

Supporters of the Move Forward Party walk in a circle during a protest in Bangkok, Thailand, Sunday, 23 July, 2023. The demonstrators are protesting that Thailand's Constitution is undemocratic, because it allowed Parliament to block the winner of May's general election, the Move Forward Party, from naming its leader named the new prime minister, even though he had assembled an eight-part coalition that had won a clear majority of seats in the House of Representatives. (Photo: AP)

BANGKOK (AP) — Hundreds of people gathered Sunday in the Thai capital of Bangkok to demand that conservative senators stop blocking the naming of a prime minister belonging to a winning coalition formed from May’s general election, a stance that risks a potentially destabilizing political deadlock.

Golden Triangle Zone Imposes Nighttime Entry Ban to Combat ‘Social Ills’

The Golden Triangle SEZ.
The Golden Triangle SEZ.

In a bid to combat rising concerns over criminal activities, the Golden Triangle Special Economic Zone in Bokeo Province will be implementing strict entry and exit restrictions during nighttime hours for a duration of 15 days, according to an official notice issued on Wednesday.

Phongsaly’s Papao Phaimany Gets Crowned Miss Universe Laos 2023

Papao Phaimany Lathsabunthao becomes the 7th Miss Universe Laos 2023 on Sunday 23 July, 2023. (LT Photo: Monlady)

Papao Phaimany Lathsabunthao made history on Sunday night as she became the first Miss Universe Laos winner from Phongsaly province and the 7th Miss Universe Laos selected to compete on the global Miss Universe stage at El Salvador in January next year.

Indonesian Authorities Arrest 12 for Trafficking People to Sell Kidneys in Cambodia

Suspects face the wall during a press conference by Indonesian officials in Jakarta, on 9 April, 2019, about trafficking-related offences. (Photo: AFP)

Twelve suspects, including a policeman and an immigration officer, have been arrested in Indonesia on suspicion of human trafficking, said Indonesian officials on Thursday.

Chubb Promotes Adrian Habils to Lead Property Business in Asia

SINGAPORE – Media OutReach – 24 July 2023 – Chubb today announced the promotion of Adrian Habils to Head of Property, Asia for its general insurance business. He is currently the Deputy Property Manager for Chubb in Australia & New Zealand.

In his new role, Habils will be responsible for the financial performance of Chubb’s Property portfolio in Asia. He will have an interim reporting line to Paul McNamee, Regional President of Asia Pacific, and will be based in the Singapore Regional Office from 1 October 2023.

Habils has more than 20 years’ experience working in property insurance. He commenced his career at Chubb’s predecessor company as a Property Underwriting Manager in Adelaide, Australia in 2008, and since then has held various property underwriting and management roles in Australia. In his new position as Head of Property in Asia, Habils will be responsible for driving best-in-class underwriting, sales and servicing standards across the property portfolio in the region.

On announcing Habils’ appointment, McNamee said, “Adrian is an experienced leader with deep property insurance expertise. He is passionate about our business and has been instrumental in shaping the property portfolio in Australia and New Zealand. As an organisation, we remain focused on promoting from within and we look forward to Adrian moving into his new role where he will continue to drive our property business forward in Asia.”

Hashtag: #Chubb

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

About Chubb

Chubb is the world’s largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 34,000 people worldwide.

Additional information can be found at: .

Meet Coda at #ChinaJoy2023

Utilize Coda’s In-market expertise and resources to grow your audience and margin.

SHANGHAI, CHINA – Media OutReach – 24 July 2023 – Coda, the world’s largest provider of cross-border content monetization solutions, will be joining the 20th anniversary of ChinaJoy (China Digital Entertainment Expo and Conference) in Shanghai this year.

Coda’s monetization solutions and insights are leading the industry. At #Chinajoy2023, you’ll have the chance to explore how Coda is transforming out-of-app content monetization in gaming, live streaming and more. From pay-in to pay-out, Coda is dedicated to making it easier to grow your business globally.

Commenting on Coda’s participation at the upcoming event, Steven Zhou, Managing Director, Publisher Partnerships, China, commented: “When you think of an explosive growth in gaming and tech, you think of China. China is home to some of the most ambitious and successful games teams and innovators in the world and Coda couldn’t be more excited to be here. ChinaJoy 2023 marks an extraordinary opportunity for Coda to showcase our world-class content monetization solutions and connect with publishers looking to unlock their true international potential.”

Founded in 2011 and headquartered in Singapore, Coda is trusted by the world’s leading game publishers, including miHoYo, Tencent, ByteDance, Activision Blizzard, Electronic Arts (EA) and Riot Games, to grow their audiences globally. Over 300 game and digital content publishers partner with Coda to unlock new revenue at lower cost by reaching paying players through out-of-app content monetization solutions that seamlessly connect to in-mobile games.

“By working together, we can overcome barriers, grow international audiences, and establish thriving gaming ecosystems that extend beyond geographical boundaries. We’re looking forward to reconnecting with our partners and getting acquainted with new industry players to talk about growing globally as partners,” Steven Zhou added.

Coda is your streamlined partner for secure, compliant monetization solutions and scalable, direct-to-consumer expertise.With Coda, publishers can focus on creating content and games and not have to deal with the complexities of payment operations or the intensive legwork involved in growing globally.

Coda’s B2B and B2C channel, platform and payment solutions are trusted by the world’s top publishers to grow revenue and customer engagement in 65+ markets with ease:

Channel solutions

  • Through Codashop, our independent webshop for digital content, we connect publishers to over 10 million monthly players and consumers worldwide, while xShop extends the reach of publishers’ Codashop integration by making their content available on a range of e-commerce sites and other consumer-facing platforms.

Platform solutions

  • Our D2C webstores help publishers monetize players and consumers directly with industry leading strategies and expertise. Partnering with Coda also gives publishers access to over 10 years of proven intelligence using the latest in conversion and monetization analytics.

Payment solutions

  • Codapay is our seamless API service that allows publishers to accept 300+ local payment methods on their own website. Coda also recently launched Payouts, where we ensure publishers’ local content creators and partners are paid promptly through their preferred payment channels. Outside of gaming, Bigo Live, owned by China’s JOYY Inc, is amongst leading publishers that is already benefiting from payouts.

In China, Coda has partnered with top Chinese publishers to help monetize their most popular titles across diverse markets, from Indonesia to Brazil. Coda breaks down barriers between these publishers and their international fans by making in-game currencies and content available for secure and easy purchase in over 300 local payment methods. Coda remains firmly committed to helping Chinese publishers grow globally and unlock new revenue from paying fans across the world.

Backed by Smash Capital, Insight Partners, GIC, Apis Partners and GMO Global Payment Fund, Coda has been named one of the fastest-growing companies in APAC by the Financial Times, a Technology Pioneer by the World Economic Forum and the Best Payment Solutions Provider for the game Industry (Global) by Global Brand Magazine.

Call to Action:
Visit the BTOB Exhibition Area, booth B205 in Hall W4 to find out more about Coda’s leading digital content monetization solutions.
Hashtag: #Coda #Gaming #Payments #ChinaJoy #Crossborder

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

About Coda

Founded in 2011, is the global leader in content monetization solutions for gaming publishers. We connect over 300 publishers, including gaming’s biggest names like miHoYo, Tencent and ByteDance, to 10M+ customers in 65 markets through 300+ payment methods. Coda’s flagship solutions include , our direct payments integration on publishers’ websites, and , the preferred destination for in-game content purchases for millions of gamers worldwide. Coda also expands publishers’ reach across super-apps and e-commerce sites through . Backed by Smash Capital, Insight Partners, GIC, Apis Partners, and GMO Global Payment Fund, we’re recognized as a , , and the .

5th “China Best Managed Companies” List Revealed

Evolution and Renewal of Excellence

SUZHOU, CHINA – Media OutReach – 24 July 2023 – The 5th China Best Managed Companies (“BMC”) List, with the theme “Driving the Innovation Journey to Excellence”, was announced today at the China BMC Awards Ceremony in Suzhou, Jiangsu. More than 100 guests, including representatives of the core management teams of the award winners, renowned entrepreneurs, representatives of domestic and international partners, and business elites, were present to mark the occasion.

BMC, a Deloitte global program with 30 years of history, landed in China in 2018. The event is now in its fifth year, and this year saw the first awards for China BMC Gold Award winners (winners for five consecutive years). China BMC is sponsored by Deloitte China in conjunction with the Bank of Singapore, KUST Business School, Harvard Business Review (Chinese edition), and local business associations. It is backed by a rigorous screening process that identifies and witnesses private companies with advanced management concepts and superior management levels that can inspire more Chinese companies to focus on long-term, balanced, and sustainable development.

As the only international award in China that comprehensively evaluates the management systems of private enterprises, the BMC program brings together exemplary private enterprises in China, demonstrates the power of excellence, motivates more private enterprises to create internal change, and externally shapes “social enterprises” and sustainable development benchmarks in China.

After six months of interviews with entrepreneurs and research by experts, 58 companies were selected for the 5th BMC program, including 11 newcomers, 16 Gold Award winners, and 31 consecutive winners. The selected companies had combined revenue of RMB1.8 trillion, accounting for about 1.5% of China’s GDP, and have maintained profitable growth from 2018 to 2022, with average compound revenue growth of 17%, demonstrating their “power of excellence”.

Of the 58 winners, 58% are in the industrial manufacturing and consumer (including retail) sectors, suggesting that even the most traditional industries can work wonders in an economic downturn if they are driven by the engines of management excellence, breakthroughs in high-speed innovation, and enduring corporate cultures. In addition to the 69% of enterprises from Guangdong, Beijing, Shandong, Jiangsu, and Shanghai, outstanding private enterprises from other provinces and cities now represent nearly a third of the list, indicating that the overall strength of more local private enterprises is increasing and there are many potential champions to be discovered.

Frank Xu, Deloitte Private China Managing Partner, says, “The BMC program utilizes Deloitte’s “Criteria for Management Excellence” global framework to comprehensively evaluate candidates’ strategy, capability, commitment, and financial strength, as well as providing continuous insights into the outstanding management practices of China’s leading private sector companies.

“During the ups and downs of the economic cycle, many BMC companies have gone through transformation and upgrading, completing their evolution of excellence. It is not easy for BMC Gold Award winners to not only possess superior financial indicators, but to also thrive across economic and business cycles to achieve resilient growth.”

Zhao Jian, Best Managed Companies Program Managing Partner, adds, “Through interviews and research with BMC experts, we found that the average R&D investment of this year’s award-winning listed companies is much higher than the average among A-share companies, and they have excelled in internationalization development. BMC awardees’ continuous excellence and evolution in the face of external challenges lie in their sustained “integrated innovation”, which makes enterprises more market-sensitive, more sustainable in R&D, more forward-looking in products, and more far-reaching in brand influence.

“BMC enterprises have succeeded not only through product and technology innovation, but also possess more innovative digital means to strengthen customer insights, address social needs, lead their industries to create change, and have the awareness to transform their material and business values into team values and a sense of mission, inspiring their people and maintaining enterprise vigor and vitality. This sense of diversity and innovation is driving BMC’s award winners progress towards being world-class companies.”

Teresa Lee, Alternate Chief Executive and Head of Greater China of Bank of Singapore’s (BOS) Hong Kong Branch, says, “BOS is delighted to be the co-sponsor and judge of the China BMC Award for the fifth consecutive year. We will continue to work together with the BMC program to pass on the spirit of entrepreneurial excellence and help more Chinese private enterprises achieve greater social value and impact in the Asia-Pacific region.”

Prof. Xu Yan, Associate Dean of HKUST Business School, said, ” Innovation and change is the key to business success. As the co-initiator and strategic academic partner of the BMC program, HKUST Business School is committed to working with partners to promote the BMC program. Through the application of professional knowledge in business and management research, HKUST Business School will continue to help Chinese enterprises enhance their management, and augment their impact in the areas of internationalization experience, innovation management, corporate governance, and management systems.”

Liu Xiao, General Manager of Harvard Business Review China (Chinese edition), adds, “Private enterprises are vital force in China’s economy. Harvard Business Review is committed to providing thoughtful management insights and sharing leading management practices to help Chinese enterprises shape their influence in a fast-developing business world and tell more Chinese stories well.”

At the 5th BMC Awards Ceremony, 58 award winners that exemplify the theme of “Journey of Innovation”, discussed how to achieve “Evolution of Excellence” through multi-dimensional innovation in product and technology, organization and back-office, and customer and advanced insights. Deloitte China will use BMC as a platform to invite more outstanding Chinese private enterprises to speak jointly to the world, delivering the important co-creation of platforms and enterprises and continuing to build the influence of China’s outstanding private companies.

(Attached is the 5th “China Best Managed Companies” List)

2023 BMC new winners
Company Name Sector
Anton Oilfield Services Group Industrial manufacturing (energy)
Positec Technology (China) Co., Ltd. Industrial manufacturing
GUANGDONG HAID GROUP CO., LTD. Industrial manufacturing
Glodon Co., Ltd. Technology, media, and telecommunications
Junlebao Dairy Group Consumer (consumer goods)
Shandong Xueji Food Technology Co., Ltd. Consumer (consumer goods)
Shanghai Fosun Pharmaceutical (Group) Co., Ltd. Life science and healthcare
SHENZHEN TRANSSION HOLDINGS CO.,LTD. Technology, media, and telecommunications
DJI Technology, media, and telecommunications
XINTE ENERGY CO., LTD. Industrial manufacturing (energy)
EVERRISING HOLDINGS CO.,LTD. Industrial manufacturing

2023 BMC gold winners
Company Name Sector
iKang Healthcare Group, Inc. Life science and healthcare
Skyworth Group Co., Ltd. Consumer (consumer goods)
Daqo Group Co., Ltd. Industrial manufacturing (energy)
Kidswant Children Products Co., Ltd. Consumer (retail)
Haidilao International Holding Ltd. Consumer (catering)
Hengan International Group Co., Ltd. Consumer (consumer goods)
Jack Sewing Machine Co., Ltd. Industrial manufacturing
Longfor Group Holdings Limited Real estate
Shandong Weigao Group Medical Polymer Company Limited Life science and healthcare
Shanying International Holding Co., Ltd. Industrial manufacturing
Shenzhen Mindray Bio-Medical Electronics Co., Ltd. Life science and healthcare
Shenzhen Inovance Technology Co., Ltd. Industrial manufacturing
Topchoice Medical Corporation Life science and healthcare
New Oriental Education & Technology Group Inc. Education
Yantai Jereh Oilfield Services Group Co., Ltd. Industrial manufacturing (energy)
China Education Group Holdings Limited Education

2023 BMC winners for two consecutive years
Company Name Sector
Beijing Oriental Yuhong Waterproof Technology Co., Ltd. Industrial manufacturing
Jiangsu Hengli Hydraulic Co., Ltd. Industrial manufacturing
Juewei Food Co., Ltd. Consumer (consumer goods)
Laobaixing Pharmacy Chain Joint Stock Company Consumer (retail)
LONGi Green Energy Technology Co., Ltd. Industrial manufacturing (energy)
Shandong Wuzheng Group Co., Ltd. Industrial manufacturing
Shanghai Liangxin Electrical Co., Ltd. Industrial manufacturing
Amer International Group Limited. Industrial manufacturing
Wingtech Technology Co., Ltd. Industrial manufacturing
Esquel Group Consumer (consumer goods)

2023 BMC winners for three consecutive years
Company Name Sector
ANTA Sports Products Limited Consumer (consumer goods)
Blue Focus Intelligent Communications Group Co., Ltd. Technology, media, and telecommunications
Fuyao Glass Industry Group Co., Ltd. Industrial manufacturing
GUANGDONG HEC TECHNOLOGY HOLDING CO., LTD. Industrial manufacturing
Hang Lung Properties Limited Real estate
MACALLINE Consumer (retail)
LEVIMA ADVANCED MATERIALS CORPORATION Industrial manufacturing
NANJING TICA CLIMATE SOLUTIONS CO., LTD. Industrial manufacturing
AUTOHOME Technology, media, and telecommunications
BYHEALTH.,LTD. Life science and healthcare
Tongwei Solar Co., Ltd. Industrial manufacturing (energy)
Yonghui Superstores Co., Ltd. Consumer (retail)
Cheerwin Group Limited Consumer (consumer goods)

2023 BMC winners for four consecutive years
Company Name Sector
Jiajiayue Group Co., Ltd. Consumer (retail)
iFLYTEK Co., Ltd. Technology, media, and telecommunications
360 Security Technology Inc. Technology, media, and telecommunications
BGI Genomics Co., Ltd. Life science and healthcare
Shenzhen YUTO Packaging Technology Co., Ltd. Industrial manufacturing
New Hope Diary Co., Ltd. Consumer (consumer goods)
Joy Wing Mau Corporation Limited Consumer (consumer goods)
Intime Retail (Group) Company Limited Consumer (retail)

Disclaimer

This communication contains general information only, and none of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms or their related entities (collectively, the “Deloitte organization”) is, by means of this communication, rendering professional advice or services. Before making any decision or taking any action that may affect your finances or your business, you should consult a qualified professional adviser.

No representations, warranties or undertakings (express or implied) are given as to the accuracy or completeness of the information in this communication, and none of DTTL, its member firms, related entities, employees or agents shall be liable or responsible for any loss or damage whatsoever arising directly or indirectly in connection with any person relying on this communication. DTTL and each of its member firms, and their related entities, are legally separate and independent entities.

Hashtag: #Deloitte

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

About Deloitte China

Deloitte China provides integrated professional services, with our long-term commitment to be a leading contributor to China’s reform, opening-up and economic development. We are a globally connected and deeply locally-rooted firm, owned by its partners in China. With over 20,000 professionals across 30 Chinese cities, we provide our clients with a one-stop shop offering world-leading audit & assurance, consulting, financial advisory, risk advisory, business advisory and tax services.

We serve with integrity, uphold quality and strive to innovate. With our professional excellence, insight across industries, and intelligent technology solutions, we help clients and partners from many sectors seize opportunities, tackle challenges and attain world-class, high-quality development goals.

The Deloitte brand originated in 1845, and its name in Chinese (德勤) denotes integrity, diligence and excellence. Deloitte’s professional network of member firms now spans more than 150 countries and territories. Through our mission to make an impact that matters, we help reinforce public trust in capital markets, enable clients to transform and thrive, and lead the way toward a stronger economy, a more equitable society and a sustainable world.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities (collectively, the “Deloitte organization”). DTTL (also referred to as “Deloitte Global”) and each of its member firms and related entities are legally separate and independent entities, which cannot obligate or bind each other in respect of third parties. DTTL and each DTTL member firm and related entity is liable only for its own acts and omissions, and not those of each other. DTTL does not provide services to clients.

Deloitte Asia Pacific Limited is a company limited by guarantee and a member firm of DTTL. Members of Deloitte Asia Pacific Limited and their related entities, each of which are separate and independent legal entities, provide services from more than 100 cities across the region.

Please see to learn more.

Shopee announces initiatives to support seller growth

SINGAPORE – Media OutReach – 21 July 2023 – Shopee Singapore celebrated the achievements of its sellers and announced a suite of initiatives to empower businesses at Seller Summit 2023.

Seller Summit KV.png

The theme of the Summit is “Win with Shopee: Roadmap to year-end sales success”.

Reaffirming its commitment to enhancing the seller experience, Shopee introduced the following key initiatives to its sellers at the virtual event to help them grow their businesses on the platform:

  1. Next Day Delivery (NDD) – Available to selected retailers, NDD benefits sellers by giving users greater certainty on delivery arrangements and supporting buyers’ urgent purchases.
  1. Coins Cashback Program – Shopee increased its priority platform vouchers and daily vouchers under the Coins Cashback Program to boost the sales of participating sellers on this program. In addition, Shopee offers preferential shipping rates for local sellers on this program.
  1. A tailored digital banking experience – Sellers can tap on MariBank’s business banking suite to support their business growth. Mari Business Loan provides sellers with a ready cash line to meet their evolving business needs. In addition, Mari Business Account offers sellers a competitive interest rate of 2.5% p.a., without additional costs and fees to operate their accounts.
  1. 30% Off Shopee Live – With 30% vouchers applied to all products sold on Shopee Live from 8pm to 11pm daily, sellers can take advantage of a growing livestream audience and engage buyers in real-time under this new livestream campaign.


Ian Ho, Vice President, Shopee,
said, “Small and Medium Enterprises are a critical part of Singapore’s economy. They are a major driver of economic growth and job creation in Singapore. Shopee is grateful for their long-standing support and trust in our platform. As the e-commerce industry continues to transform, we remain committed to adapting to the evolving needs of businesses and helping sellers grow and scale online.”

Utilising holistic solutions to achieve business growth

Singapore-based online Home & Living store, Multiple x Choice (MXC), saw the opportunity to expand its business and reach more online users on Shopee. MXC leveraged Shopee’s expertise to organise and automate its business processes. In doing so, MXC expanded its business’ capacity in accepting larger orders and managing its fulfilment process.

With the support of Shopee, MXC observes that its business operations have improved. It now has additional time to focus on product sourcing and marketing strategies. Since joining Shopee, MXC’s business has expanded steadily and grown multi-fold over the past three years. Its followers have also grown from about 2,000 in 2020 to 21,300 today.

Employing Shopee Flash Deals and Shopee Ads, MXC garners high traffic and strong interest from new customers on its new arrivals and key products. It attests to the benefits of Shopee Affiliate Marketing Solution (AMS), which amplifies its brand presence through Shopee’s network of partners. It also works with Key Opinion Leaders in its livestreams during its Christmas campaign and giveaways on Shopee Live.

Khloe Leong and Phoebe Mok, co-founders of Multiple x Choice (MXC), said, “We continue to serve our customers’ needs and expand our customer base by curating more MXC products. We are thankful that Shopee provides sellers like us with a wide range of marketing tools and seller programs, which increase our exposure and enable us to grow our business. Together with Shopee, we believe that we can create a fun, engaging and meaningful shopping experience through e-commerce.”

Expanding reach with engagement tools

Agiontex, a homegrown seller of eco-friendly home care products, also attests to the ease of becoming a seller on Shopee. The one stop service Shopee offers makes it convenient for Agiontex’s customer management and order fulfillment. Agiontex also uses the Shopee Xpress pick up service for timely order deliveries.

Agiontex has seen its revenue tripled since operating on Shopee three years ago. It has plans to focus on affiliate marketing to boost sales traffic in 2023. To reach out to a large pool of online consumers, Agiontex will continue to participate in Seller Center campaigns and promote its products on Shopee Live.

Wong Jiewei, Sales and Marketing Manager at Agiontex, said, “We encourage businesses to onboard with Shopee as its seller support and customer service are top-notch. Shopee has supported our business goals from the beginning and has helped our business to grow. It has enabled Agiontex to reach out to a new customer base while facilitating timely order fulfillment.”
Hashtag: #Shopee

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

Shopee

Shopee is the leading e-commerce platform in Southeast Asia & Taiwan. Shopee promotes an inclusive and sustainable digital ecosystem by enabling businesses to digitalise and grow their online presence, helping more people access and benefit from digital services, and uplifting local communities.

Shopee offers an easy, secure, and engaging experience that is enjoyed by millions of people daily. Shopee is also a key contributor to the region’s digital economy with a firm commitment to helping homegrown brands and entrepreneurs succeed in e-commerce.

Shopee is part of Sea Limited (NYSE: SE), a leading global consumer internet company. Sea’s mission is to better the lives of consumers and small businesses with technology through its three core businesses: Shopee, Garena and SeaMoney.