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Spackman Entertainment Group Set To Release Upcoming Action Film, A MAN OF REASON, On August 15 In Korea

  • A MAN OF REASON, an action feature film produced by the Group’s wholly‐owned indirect subsidiary, Studio Take, marks the directorial debut of Korean star Jung Woo-sung, internationally known for his role in STEEL RAIN (2017) and the Group’s hit production, COLD EYES (2013)
  • Garnering widespread international recognition, A MAN OF REASON premiered at the 42nd Hawaii International Film Festival in the US, and was invited to the 47th Toronto International Film Festival in Canada and the 55th Sitges Film Festival in Spain
  • A MAN OF REASON also headlines Park Sung-woong and Kim Nam-gil, who starred in Spackman Entertainment Group’s previous films, FOR THE EMPEROR (2014) and LOVERS VANISHED (2010), respectively

SINGAPORE – Media OutReach – 6 July 2023 Spackman Entertainment Group Limited (the “Group“), one of Korea’s leading entertainment production groups founded in 2011 by global media & technology investor Charles Spackman, wishes to announce that the Group’s upcoming action feature film, A MAN OF REASON, produced by the Group’s wholly‐owned indirect subsidiary, Studio Take Co., Ltd. (“Studio Take“), is set to be released theatrically in Korea on August 15, 2023.

Studio Take’s A MAN OF REASON has already attracted global attention, premiering at the 42nd Hawaii International Film Festival in the US, with invitations to the 47th Toronto International Film Festival (“TIFF“) in Canada and the 55th Sitges Film Festival in Spain. A MAN OF REASON was notably selected as the Special Presentation of the 2022 Official Selection at TIFF, one of the world’s four major international film festivals. The production was praised for its impressive cinematography and compelling performances of its actors.

The film features the story of Soo-hyeok (played by Jung Woo-sung), a man struggling to live a normal life after spending ten years in prison on behalf of his gang boss. The narrative unfolds as Soo-hyeok discovers he is a father and attempts to sever ties with his former gang, only to have the boss hire a notorious killer to take his daughter hostage. He decides to seek revenge, setting the stage for an intense, action-filled drama.

Co-starring in the movie are Park Sung-woong of FOR THE EMPEROR (2014) and Kim Nam-gil of LOVERS VANISHED (2010), both films previously produced by the Group. The movie is distributed by Acemaker Movie Works. North American distribution rights have been acquired by the independent film and television studio, Epic Pictures Group, known for distributing genre films in the US and Canada.

A MAN OF REASON further adds to Studio Take’s record of exceptional filmmaking, following in the footsteps of their previous works, including the musical film THE BOX (2021), featuring EXO’s Chanyeol, and the art film STONE SKIPPING (2020), which earned an invitation to the 23rd Busan International Film Festival.

Moreover, Studio Take’s next promising project, THE GUEST, is currently in post-production and scheduled for release later this year. With a history of standout releases and compelling forthcoming projects, the Group is confident in Studio Take’s ongoing commitment to delivering a steady stream of top-tier cinema.

Hashtag: #SpackmanEntertainmentGroup

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

About Spackman Entertainment Group

Spackman Entertainment Group Limited (“SEGL” or the “Company“), and together with its subsidiaries, (the “Group“), is one of Korea’s leading entertainment production groups. SEGL is primarily engaged in the independent development, production, presentation, and financing of theatrical motion pictures in Korea.

The Company was founded in 2011 by renowned media and technology investor Charles Spackman who served as the Company’s Executive Chairman until 2017. For the past two decades, Mr. Charles Spackman has been a powerhouse in the Korean entertainment industry starting in the early 2000’s with the pioneering success of Sidus Pictures, the largest movie production company at the time and the first to be listed in Korea. Mr. Spackman is also the Founder, Chairman and Chief Executive Officer of the global investment firm, Spackman Group. For more information, please visit charlesspackman.com and spackman-group.com/charles-spackman.

Since its founding, SEGL had produced more than 30 major motion pictures including a number of the highest grossing and award-winning films in Korea, namely #ALIVE (2020), CRAZY ROMANCE (2019), DEFAULT (2018), MASTER (2016), THE PRIESTS (2015), SNOWPIERCER (2013), COLD EYES (2013) and ALL ABOUT MY WIFE (2012).

Our films are theatrically distributed and released in Korea and overseas markets, as well as for subsequent post-theatrical worldwide release in other forms of media, including online streaming, cable TV, broadcast TV, IPTV, video-on-demand, and home video/DVD, etc. Generally, we release our motion pictures into wide-theatrical exhibition initially in Korea, and then in overseas and ancillary markets.

The Group also invests into and produces Korean television dramas. In addition to our content business, we also own equity stakes in entertainment-related companies and film funds that can financially and strategically complement our existing core operations. SEGL is listed on the Catalist of the Singapore Exchange Securities Trading Limited under the ticker 40E.

Production Labels

SEGL owns a 100% equity interest in Studio Take Co., Ltd. (“Studio Take“) which produced STONE SKIPPING (2020) and THE BOX (2021). Its latest film, A MAN OF REASON, premiered in the US at the 42nd Hawaii International Film Festival. The film was also invited to the 47th Toronto International Film Festival, the largest film festival in North America, and the 55th Sitges Film Festival, one of the world’s top three genre film festivals. A MAN OF REASON is expected to be released in the third quarter of 2023. Studio Take shall also release an upcoming film, THE GUEST, which is at the post-production stage and scheduled to be released in the second half of this year.

SEGL owns Novus Mediacorp Co., Ltd. (“Novus Mediacorp“), an investor, presenter, and/or post-theatrical distributor for a total of 80 films (59 Korean and 21 foreign) including OKAY MADAM (2020), LONG LIVE THE KING (2019), MY FIRST CLIENT (2019), ROSE OF BETRAYAL (2018), THE OUTLAWS (2017) and SECRETLY, GREATLY (2013), which was one of the biggest box office hits of 2013 starring Kim Soo-hyun of MY LOVE FROM THE STARS (2013), as well as FRIEND 2: THE GREAT LEGACY (2013). In 2012, Novus Mediacorp was also the post-theatrical rights distributor of ALL ABOUT MY WIFE (2012), a top-grossing romantic comedy produced by Zip Cinema. In 2018, THE OUTLAWS, co-presented by Novus Mediacorp broke the all-time highest Video On Demand (“VOD“) sales records in Korea. For more information, please visit novusmediacorp.com.

The Company owns a 100% equity interest in Greenlight Content Limited (“Greenlight Content“) which is mainly involved in the business of investing into dramas and movies, as well as providing consulting services for the production of Korean content. Through the acquisition of Greenlight Content, the Group’s first co-produced drama, MY SECRET TERRIUS, starring top Korean star, So Ji Sub, achieved #1 in drama viewership ratings for its time slot and recorded double digits for its highest viewership ratings. Greenlight Content was one of the main investors of MY SECRET TERRIUS.

The Company owns a 100% equity interest in Simplex Films Limited (“Simplex Films“) which is an early stage film production firm. The maiden film of Simplex Films, JESTERS: THE GAME CHANGERS (2019), was released in Korea on 21 August 2019. Simplex Films has several line-up of films including HURRICANE BROTHERS (working title).

The Company owns a 20% equity interest in The Makers Studio Co. Ltd., which plans to produce and release four upcoming films, the first of which will be THE ISLAND OF THE GHOST’S WAIL, a comedy horror film.

Talent Representation

The Company holds an effective shareholding interest of 43.88% in Spackman Media Group Limited (“SMGL“). SMGL, a company incorporated in Hong Kong, together with its subsidiaries, is collectively one of the largest entertainment talent agencies in Korea in terms of the number of artists under management, including some of the top names in the Korean entertainment industry. SMGL operates its talent management business through renowned agencies such as SBD Entertainment Inc. (Son Suk-ku, Han Ji-hyun, Park Keun-rok), MSteam Entertainment Co., Ltd. (Son Ye-jin, Wi Ha-jun, Lee Min-jung, Ko Sung-hee, Lee Cho-hee), UAA&CO Inc. (Kim Sang-kyung) and Play Content Co., Ltd. (Hwang-hwi). Through these full-service talent agencies in Korea, SMGL represents and guides the professional careers of a leading roster of award-winning actors/actresses in the practice areas of motion pictures, television, commercial endorsements, and branded entertainment. SMGL leverages its unparalleled portfolio of artists as a platform to develop, produce, finance and own the highest quality of entertainment content projects, including theatrical motion pictures, variety shows and TV dramas. This platform also creates and derives opportunities for SMGL to make strategic investments in development stage businesses that can collaborate with SMGL artists. SMGL is an associated company of the Company. For more information, please visit spackmanmediagroup.com.

The Company owns a 100% equity interest in Constellation Agency Pte. Ltd. (“Constellation Agency“). Constellation Agency, which owns The P Factory Co., Ltd. (“The P Factory“) and Platform Media Group Co., Ltd. (“PMG“), is primarily involved in the business of overseas agency for Korean artists venturing into the overseas market. The P Factory is an innovative marketing solutions provider specializing in event and branded content production. PMG is a talent management agency, which represents and manages the careers of major artists in film, television, commercial endorsements and branded entertainment.

Strategic Businesses

The Company also operates a café-restaurant, Upper West, in the Gangnam district of Seoul and own a professional photography studio, noon pictures Co., Ltd.

For more details, please visit spackmanentertainmentgroup.com/

Alibaba Pictures’ “Lost in the Stars” Emerges as Summer Box Office Sensation in Resurgent Chinese Film Market

HONG KONG SAR – Media OutReach – 6 July 2023 – Mainland China’s film market has long been one of the most dynamic and promising in the world, and in the first half of this year, the Chinese film market experienced an exciting recovery. In particular, the recent release of “Lost in the Stars” (消失的她), in which Alibaba Pictures Group Limited (Stock code:1060, referred to as the “Company”) was heavily involved in the investment and distribution, has generated significant buzz at the box office and created a wave of movie-going frenzy. In just over 10 days since its release, the film’s box office receipts have exceeded RMB2.7 billion, equivalent to 9% of China’s total box office revenue last year, making it a dark horse at the box office and the opening of the summer season for the Company.

“Lost in the Stars” leads the way in the summer box office

As the primary producer, distributor, and promoter of the film, Alibaba Pictures has achieved a full-scale deployment in the production and marketing chain of “Lost in the Stars”, including investment, distribution, ticket sales and other aspects. “Lost in the Stars” is also the prelude to the Company’s rich lineup of 16 films for the summer season. The strong start to the season once again demonstrates the Company’s forward-looking planning in the content industry and the continuous improvement of its production and development capabilities.

After the Dragon Boat Festival, the summer box office season kicked off, and the number of scheduled films has exceeded 90 and continues to grow, making this year’s film market performance highly anticipated. According to data from Beacon Professional, as of 4pm, July 6, the total box office revenue (including pre-sales) of this year’s summer box office had exceeded RMB5.626 billion. The film “Lost in the Stars”, released by Alibaba Pictures and Taopiaopiao, continued its momentum as a dark horse at the box office during the Dragon Boat Festival, leading the summer box office. As of 4pm, July 6, the box office receipts of “Lost in the Stars” had exceeded RMB2.728 billion, making it one of the hottest films of the summer, and it is expected to become the top grossing film in the summer box office and post the largest attendance record in the past three years.

Alibaba Pictures continues to expand its presence in the entertainment industry

Alibaba Pictures has strong capabilities in film production, distribution, and promotion, and will further strengthen its presence in the pan-entertainment industry by enhancing its dual-engine strategy of “content and technology”, while building out its own unique entertainment ecosystem. The Company is making significant investments in a full range of entertainment content and enhancing its capabilities to produce a broader range of content, including film and drama series content, with a view to steadily delivering high-quality content to the market. It is also expanding the scope of its technology platform services and exploring business opportunities associated with digital humans and multiple business models for IP merchandising and commercialization, in order to provide consumers with a richer, better and more tangible product experience. Moreover, the Company is actively promoting its collaboration and cooperation within the Alibaba ecosystem, such as online live streaming, online ticketing, and film merchandising, to unlock the potential of “content + technology”.

In addition to investment and product layout, the Company also emphasizes cooperation and communication within the industry. Through cooperation with domestic and overseas film companies, directors, actors, and others, it brings more international elements to the development of China’s film industry and enhances the international visibility and influence of Chinese films.

In the future, with the recovery of China’s film market, Alibaba Pictures will continue to adhere to its dual-engine strategy and innovative spirit, strengthen cooperation with all parties, and continuously promote the development of China’s film industry to bring greater returns to investors.

Hashtag: #AlibabaPictures

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

About Alibaba Pictures

Alibaba Pictures is listed on the main board of The Stock Exchange of Hong Kong Limited (stock code: 1060). It is an Internet-driven integrated platform that covers content production, promotion and distribution, IP licensing, cinema ticketing management, and data services for the entertainment industry.

Alibaba Pictures’ company website:

Thai Authorities Intercept Smuggled Vehicles on Mekong River Crossing into Laos

Thai Authorities Intercept Smuggled Vehicles Crossing Mekong River into Laos
A white Toyota Revo pickup truck recruited from the Mekong River in Nong Khai, Thailand on Thursday (photo: Laonews.net)

Authorities in Nong Khai, Thailand fished out two pick-up trucks that were attempting to cross the border into Laos across the Mekong River on Monday and Thursday.

Tanoto Foundation Collaborates with Asia Philanthropy Circle on Groundbreaking Study on Early Childhood Development across Asia

Research is most comprehensive mapping to date of parenting and early childhood programmes across China, Singapore, Indonesia and the Philippines

SINGAPORE – Media OutReach – 6 July 2023 – Asia Philanthropy Circle (APC) has today released the results of its Regional Early Childhood Development (ECD) Landscape Study. The study is the first of its kind and is the most comprehensive mapping to date of parenting and early childhood programmes across Asia, with a particular focus on China, Singapore, Indonesia and the Philippines.

The study was conducted by the Centre for Evidence and Implementation (CEI) and supported by Tanoto Foundation and other APC members and philanthropists in the region.

The findings of the study show that across all four countries, there has been a clear increase in government commitment to provide holistic support to children, families, and communities. This is evidenced by existing policies and legislation, as well as significant investments into healthcare and early education. However, the study also indicates that, while national policies exist, there are significant challenges to their local implementation, including the lack of sustainable financing, capacity, and knowledge in the sector, as well as other socio-economic and cultural barriers.

“Early childhood is a crucial time for development that will have far-reaching impacts later in life. We wanted to fund this research to better understand the needs of ECD systems in these countries. The objectives of this research are aligned with our own efforts to catalyse support for initiatives that promote quality early childhood development across the region,” said Belinda Tanoto, Member of the Board of Trustees, Tanoto Foundation.

Tanoto Foundation, which was founded in 1981 by Sukanto Tanoto, was the first organisation to approach APC to propose a regional study to better understand the gaps and identify potential areas for collaboration in the ECD area.

“Philanthropists across the region, including many of APC’s members, are already doing so much work around early childhood, but understanding the landscape enables everyone to be more strategic in their programming,” said Stacey Choe, Chief Operating Officer, Asia Philanthropy Circle. “This research helps the philanthropy sector drill down on what’s not being addressed, and find areas where we can work together to create greater impact.”

Part of the study’s aim is to guide donors, service providers, government agencies, and other key stakeholders towards these gaps that require further intervention, and to provide recommendations where sectors could collaborate to strengthen and improve outcomes in the region.

“Without a clear understanding of the current situation across a country or region, stakeholders often work in fragmented or disjointed ways, doubling efforts or investing in programmes that do not best meet the needs of the population,” said Dr. Gayatri Kembhavi-Tam, Associate Director, CEI, who led the study.

Early childhood development lays the foundation for a child’s physical, emotional, and intellectual well-being, and is a strong predictor of long-term development. Recent evidence shows that giving children the best start in life requires access to comprehensive programmes and services between birth and six years that address their health and developmental needs, including early education. Some of the common gaps across the region that have emerged that require further attention include:

  • Paradoxical “double burden” of malnutrition and obesity. Malnutrition and stunting cases in Indonesia and the Philippines are still high, while there is a rise in number of overweight and obese children across all four countries. This points to a potential lack of access to information for caregivers on the right nutrition and healthy food.
  • Inequity in access to health services for some populations, due to financial restrictions, or availability of services such as for rural areas, and the shortage of trained professionals.
  • Lack of attention on the home learning environment, and to the role of fathers. Both factors have critical impact on ECD.
  • Lack of capacity in the ECD sector. There is a need to train, retain, and recognise those in the ECD workforce -such as healthcare providers, teachers, and social workers – in order to improve the quality of services and support they can provide to families.
  • Lack of reliable, national-level data and research to support evidence-based decision-making. There is a need to support and recognise research and data collection to better understand community needs, what programmes are working, in order to make better policies and decisions.
  • Lack of coordination among actors. There is a need to convene policymakers, NGOs, funders, service providers and community members to improve implementation of policies and initiatives.

The study, which took place over the course of a year in 2022, examined a total of 276 programmes, 145 national and sub-national policies related to ECD across all four countries. In addition, CEI also interviewed 52 stakeholders from government, academia, and non-governmental and philanthropic organizations.

The study is the product of a joint regional collaboration led by APC in partnership with CEI and the Centre for Holistic Initiatives for Learning and Development (CHILD), and supported by 11 APC members and philanthropic organisations across the region, including Tanoto Foundation, the Ayala Foundation (Philippines), Bakti Barito Foundation (Indonesia), Djarum Foundation (Indonesia), Knowledge Channel Foundation (Philippines), IshK Tolaram Foundation (Indonesia), Li Foundation (Singapore), Nomura (Singapore), Quantedge Advancement Initiative (Singapore), Ramon Aboitiz Foundation (Philippines) and Zuellig Family Foundation (Philippines).

Hashtag: #TanotoFoundation

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

About Tanoto Foundation:

Tanoto Foundation is an independent philanthropic organization in the field of education founded by Sukanto Tanoto and Tinah Bingei Tanoto in 1981 based on the belief that every person should have the opportunity to realize his or her full potential. Tanoto Foundation’s programs stem from the belief that quality education accelerates equal opportunity. We harness the transformative power of education to realize people’s potential and improve life through quality education from an early to productive age.

About Asia Philanthropy Circle:

Asia Philanthropy Circle (APC) is a community of philanthropists collaborating to chart a better future for Asia. Founded in 2015 by Asia-based philanthropists to encourage peer exchange, APC has grown to over 50 members across 13 markets. We are home to a diverse network of philanthropists—across generations and interests—seeking collective impact together. Our members give in financial and human capital, champion social innovation for public good, and pioneer collaborative initiatives to build the social impact ecosystem and address systemic challenges. APC is a registered charity headquartered in Singapore with roots throughout the region. .

About Centre for Evidence and Implementation:

The Centre for Evidence and Implementation envisions a world where people can improve their lives through support that is equitable and effective. We are a global, for-purpose evidence intermediary and advisory organisation dedicated to using the best evidence in practice and policy to improve the lives of people facing adversity. Established in Australia in 2016, CEI is a multi-disciplinary team across five offices in London, Melbourne, Oslo, Singapore, and Sydney. We work with our partners, including policymakers, governments, practitioners, program providers, organisation leaders, and funders in four key areas of work:

  • Understanding and making sense of the evidence base
  • Generating evidence through trialing, testing, and evaluating policies and programs to drive more effective decisions and deliver better outcomes
  • Developing methods and processes to get high quality evidence into policy and practice
  • Building cultures for evidence use

2023 Global Esports Summit Agenda Revealed: More than 30 Global Guests Will Discuss New Developments in Esports

SHENZHEN, CHINA – Media OutReach – 6 July 2023 – The 2023 Global Esports Summit and Tencent Esports Annual Conference, themed Link to Future, will take place in Shenzhen, China, on July 14-15, 2023.

The Global Esports Summit will take place in the morning on July 14. Esteemed guests, such as Kenneth Fok Kai-Kong, the president of the Asian Electronic Sports Federation, Xu Haifeng, the first Chinese Olympics Gold Medalist, and H.R.H Prince Faisal bin Bandar bin Sultan Al Saud, the Chairman of Saudi Esports Federation and Vice Chairman of Savvy Games Group, will share their perspectives on industry developments. Publishers of Asian Games titles will announce their Asian Games plans. Moreover, representatives of esports associations such as South Korea, Vietnam, Brazil, Kazakhstan, and sports organizations such as ASEAN will discuss global Esports trends.

The Tencent Esports Annual Conference will take place in the afternoon on July 14, during which the latest annual tournament plans for 11 Tencent Esports titles will be announced, as well the reveal of two new titles.

The conference will also host parallel sessions, such as the first Women of Esports Development Forum in China, focusing on industry issues to promote in-depth industry development.

Hashtag: #Esports

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

Kakao Pay Launches Overseas ATM Withdrawal Service in Laos, Vietnam, and Japan

A Kakao Pay user makes payment through the app (Photo: Koreaby Me)

Kakao Pay Corp., a mobile payment and digital wallet service in South Korea has launched an overseas ATM withdrawal service in partnership with Global Loyalty Network (GLN), an overseas payment platform under Hana Bank, to allow users to withdraw national currency in Laos, Vietnam, and Japan using just their mobile phones.

GEODIS recognized as “Best Companies to Work for in Asia” for second year, and receives the “Diversity, Equity & Inclusion” Award

HONG KONG SAR – Media OutReach – 6 July 2023 – GEODIS, a global leader in the transport and logistics sector, has been recognized as one of the ‘Best Companies to Work for in Asia” by HR Asia for the Hong Kong region for the second consecutive year. The award recognizes organizations that have been identified by their employees as one of the best employers of choice. It acknowledges those with the best human resources (HR) practices, and which demonstrate high levels of employee engagement and excellent workplace cultures.

PRESS PHOTO _ Geodis HK HR Asia Award.jpg
Chris Cahill, Managing Director, North Asia Sub-Region at GEODIS (Image credit : Business Media International)

GEODIS was also presented with the HR Asia Diversity, Equity & Inclusion (DEI) Award, which celebrates the best companies in Asia that have successfully implemented practices and have become outstanding examples of promoting DEI.

“Congratulations to our team in Hong Kong for achieving these awards. Hong Kong is a critical hub and plays a pivotal role in GEODIS’ plans for growth in the Asia Pacific region. At GEODIS, we firmly believe that our success is driven by our people, it is their passion, expertise and commitment that enable us to achieve our goals and exceed expectations. This recognition validates the efforts we have put into building a supportive, inclusive, and engaging workplace in the region,” said Onno C.P. Boots, Regional President and CEO, Asia Pacific and Middle East region, at GEODIS.

“We are truly honored to be recognized as one of the Best Companies to Work for in Asia’ and conferred the Diversity, Equity & Inclusion Awards. People are our most important asset and we continuously strive to provide them with the necessary tools, resources and opportunities for growth. We invest in robust learning and development programs, encourage open communication, and foster a collaborative, diverse and inclusive environment that encourage innovation. This award is the result of the collective efforts of our entire team and I want to extend my heartfelt gratitude for their exceptional contribution,” said Chris Cahill, Managing Director, North Asia Sub-Region at GEODIS.

GEODIS’ workforce excellence priorities are focused on managing performance, engaging the workforce and developing talents. These talent development initiatives include the Leadership Engagement Group, which empowers middle managers across the company to make a positive impact at work and Individual Development Plans, which aim to support employee goals and cultivate better work experiences for all. In addition, a global program, MANAGE, targeted at middle management, fosters a shared set of leadership skills aligned with established 7 leadership principles.

GEODIS believes that a culture of diversity, with an equal commitment to inclusivity, are key to achieving dynamism, creativity and fresh approaches to problem solving that are required in an ever-changing business environment. The company, which comprises of 51% women in Asia Pacific, regularly consults with its people through Employee Engagement Groups (EEGs) and the GEODIS’ Women Network, to ensure diverse voices, concerns, and ideas are consistently heard and responded to.

In terms of practical initiatives employed to advance these policies, GEODIS emphasizes education of its staff about gender neutral policies, localized provision of family care and flexible working hours. The active GEODIS’ Women Network facilitates both women and men to come together to learn about how diversity and inclusion create a better work environment and growth for all aspects of the business and organization.

Hashtag: #GEODIS

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

GEODIS – www.geodis.com   

GEODIS is a leading global logistics provider acknowledged for its expertise across all aspects of the supply chain. As a growth partner to its clients, GEODIS specializes in five lines of business: Supply Chain Optimization, Global Freight Forwarding, Global Contract Logistics, Distribution & Express, and European Road Network. With a global network spanning nearly 170 countries and more than 49,400 employees, GEODIS is ranked no. 6 in its sector across the world. In 2022, GEODIS generated €13.7 billion in revenue. GEODIS is a company owned by SNCF group.

Govt to Develop Electronic Signature for State Budget Management System

MTC, MOF in Laos to Develop Electronic Signature for Efficiency
Representatives from the Ministry of Technology and Communications and the Ministry of Finance in Laos during the signing ceremony. (Photo: PathetLao)

The Ministry of Technology and Communication and the Ministry of Finance in Laos signed an agreement to develop the use of electronic signatures in the state budget management system on 6 July.