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Ko Yo Group has built a new energy industry base with over 10 billion tons of phosphate ore

HONG KONG SAR – Media OutReach – 9 January 2023 – Recently, the Longmenshan phosphate ore mineral processing technology research project in the Tianjinggou section of the Longwangmiao phosphate mining area in Mianzhu, Sichuan Province, passed the expert review in Changsha, Hunan Province. The project mainly studies the technology of direct production of phosphoric acid at low cost from the unique siliceous carbonate phosphate ore in Longmenshan. The on-site review expert group includes academician Jiang Tao from the Chinese Academy of Engineering, Central South University, Professor Xia Jingyuan from the National Engineering Research Center for Phosphorus Resources Development and Utilization, Professor Ge Yingrong from Wuhan University of Technology, Professor Zhang Ligang from Changsha Research Institute of Mining and Metallurgy Co., Ltd., and Tong Yongshuang from North China Huanqiu Co., Ltd. The review experts agreed that the technology reached the international advanced level, which is of great significance for the development of phosphate ores in Longmenshan Area, Deyang.

Caption

With the iteration of new energy vehicles and the implementation of the national energy storage plan, the lithium iron phosphate battery market has broad prospects, which drives the demand for phosphate ore. Ko Yo Chemical (Group) Co., Ltd. (Stock code: 00827; “Ko Yo Group” or “the Group”) has leaped to become a resource-based head of the domestic new energy industry with over 100 million tons of phosphate ore resources.

Ko Yo Group, as one of the two enterprises with legal mining permits for phosphate ore, has significant regional monopoly advantages with phosphate ore reserves up to 115 million tons, according to relevant geological reports. In order to complete the strategic layout of phosphate ore resources and improve the Group’s mineral processing technology, the Group has set up a professional team to actively invest research and development funds in the Longmenshan phosphate ore project development. The project team members overcame the impact of the epidemic on the entry of various materials, equipment and personnel, as well as the transportation inconvenience caused by special geographical conditions and other difficulties, and constantly compared, screened, developed, and tested the new mineral processing technology. Finally the mineral processing technology was developed successfully thanks to the whole team’s efforts. The project team mined low-grade ore to make phosphoric acid with a proprietary process, reducing processing steps and lowering processing costs, which is expected to bring tens of billions of potential earnings benefits to the Group. This project is in line with the strategic development layout of Ko Yo Group, which can further promote the diversified and in-depth development and utilization of phosphorus resources, provide high-quality and stable phosphorus concentrate resources for fine phosphorus chemical and new energy battery material industries, and help accelerate the transformation and upgrading of the company’s industrial structure. The project not only provides a reliable resource guarantee for the Group’s layout of the new energy industry, but also creates excess profits and high returns for the company’s shareholders at home and abroad, and provides industrial blood for the sustainable development of Deyang’s phosphorus chemical industry.

Statistics show that Deyang is one of the four major phosphate ore bases in China, with more than 90% of the ore distributed in Jiudingshan Nature Reserve and Giant Panda National Park. There are many phosphorus and titanium chemical enterprises gathered under the mountain due to the rich mineral resources of Jiudingshan. Data show that in 2016, there were 58 phosphorus and titanium chemical enterprises in Mianzhu, producing 4 million tons of phosphate ore with a total output value of 16.5 billion yuan. By taking the upstream mining into consideration, the total output value of Mianzhu’s phosphorus and titanium chemical industry reached 23.48 billion yuan, accounting for 44.33% of the total industrial output value.

Since 2017, the Jiudingshan Nature Reserve in Deyang, Sichuan Province, has carried out a comprehensive clean-up to restore the ecological environment of the mining area. Up to now, 46 mining rights in the Jiudingshan Nature Reserve have basically completed the task of rectification, and a total of 243 mines have been closed.

In the next step, Ko Yo Group will continue to improve the company’s mineral processing technology, continuously optimize related technologies, and strive to help the national new energy and low-carbon construction in the future new energy boom.

Hashtag: #KoYoGroup

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

csl. 5G Lens and M+ present first AR display of Yayoi Kusama’s pumpkin sculpture in Hong Kong to share love

“csl. 5G Lens x M+ Capture the AR Pumpkin” lucky draw to give away 100 pieces of merchandise of M+’s Special Exhibition on Yayoi Kusama

HONG KONG SAR – Media OutReach – 9 January 2023 – CSL Mobile (CSL) announced today its crossover with M+, Asia’s first global museum of contemporary visual culture, on Hong Kong’s first cutting-edge augmented reality (AR) presentation of two large-scale sculptures Pumpkin (2022) by renowned artist Yayoi Kusama.

Yayoi Kusama has been fascinated by the strange yet unpretentious appearance of pumpkins since childhood. She once said, “I adore pumpkins. As my spiritual home since childhood, and with their infinite spirituality, they contribute to the peace of humankind across the world and to the celebration of humanity.” The iconic Pumpkin (2022) currently on view in the Main Hall of M+ is a highlight at the museum’s Special Exhibition Yayoi Kusama: 1945 to Now. Combining art with technology, the virtual presentation of Pumpkin (2022) through AR has broken geographical barriers to offer a new virtual art experience and share love and joy with the local public at five locations across the city.

HKT is the Major Sponsor of Yayoi Kusama: 1945 to Now. CSL, HKT’s consumer mobile unit, combines ground-breaking markerless AR and floor detection with SLAM technology to present a 3D model of the artwork in the real world. Utilising geo-targeting, CSL has transformed five popular locations in Hong Kong to where the artist’s works are showcased virtually. Visitors can simply head to the locations, open the csl. 5G lens app and view a virtual pumpkin on their mobile phone. ARKit and ARCore technologies enable users to enjoy a 360-degree view of the artwork with a quote from Kusama to create a special experience.

With the photography function of the csl. 5G lens app, users can creatively take photos with the virtual pumpkin, fusing the virtual and reality for greater interaction.

“csl. 5G Lens x M+ Capture the AR Pumpkin” lucky draw

To encourage the public to experience the new art tech, CSL is hosting the “csl. 5G Lens x M+ Capture the AR Pumpkin” lucky draw from 12 January to 9 February 2023. Users can simply download the csl. 5G lens app and register as a user, head to the designated locations (including M+ Roof Garden, West Kowloon Art Park, Statue Square, The Peak Tower and Hong Kong Zoological & Botanical Gardens), take a photo with a virtual pumpkin and tap on “Complete” in the app. They can then automatically enter the lucky draw for a chance to win one of the 100 prizes, including Yayoi Kusama: 1945 to Now exhibition tickets, Yayoi Kusama: 1945 to Now Exhibition Publication, Yayoi Kusama water bottles, knitted socks, chocolates, and M+ 1st Anniversary Special Tote.

In promoting greater accessibility of culture in the society, CSL will sponsor private viewing tickets for KELY Support Group to visit Yayoi Kusama: 1945 to Now. A non-profit organisation in Hong Kong, KELY Support Group offers support for Chinese- and English-speaking local and ethnic minority youth aged between 14 and 24 around three core focus areas – drug and alcohol awareness, mental health and wellbeing, and positive youth development – to equip them with skills and knowledge to support themselves and one another.

*Note: each user can get one entry to the lucky draw by taking photos at each location, with a maximum of five entries. The “csl. 5G Lens x M+ Capture the AR Pumpkin” lucky draw will take place on 16 February 2023. Results will be announced on the same day on the CSL website and published on Sing Tao Daily and The Standard on 22 February 2023.

Download the csl. 5G Lens app now: https://bit.ly/3gvulU7
For more details and terms & conditions, please visit www.hkcsl.com/en/capturethearpumpkin
Trade Promotion Competition Licence No.: 556534-5

Hashtag: #HKT #CSL

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

About HKT

HKT is a technology, media, and telecommunication leader with more than 150 years of history in Hong Kong. As the city’s true 5G provider, HKT connects businesses and people locally and globally. Our end-to-end enterprise solutions make us a market-leading digital transformation partner of choice for businesses; whereas our comprehensive mobile communication and smart living offerings enrich people’s lives and cater for their diverse needs for work, entertainment, education, well-being, and even a sustainable low-carbon lifestyle. Together with our digital ventures which support digital economy development and help connect Hong Kong to the world as an international financial centre, HKT endeavours to contribute to smart city development and help our community tech forward.

For more information, please visit .
LinkedIn:

Issued by HKT Limited.
HKT Limited is a company incorporated in the Cayman Islands.

Impro (1286.HK) Issues Positive Profit Alert

2022 Net Profit Attributable to Shareholders of the Company Expected to be between HK$550 Million and HK$600 Million, Significant Year-on-Year Growth of between 43.6% and 56.7%

HONG KONG SAR – Media OutReach – 9 January 2023 – Impro Precision Industries Limited (“Impro” or the “Group” or the “Company“) (Stock Code: 1286), a world-leading manufacturer of high-precision, high-complexity and mission-critical components, is pleased to announce that the Group expects to record a net profit attributable to shareholders of the Company in the range of HK$550 million to HK$600 million for FY2022, which represents a significant year-on-year growth of between 43.6% and 56.7% as compared with a net profit attributable to shareholders of the Company of HK$383 million for the same period in 2021. The substantial increase in net profit was mainly due to strong revenue growth in the aerospace and medical end-markets, as well as good revenue growth in the industrial and other end-markets, which were sufficient to offset the revenue decline in the passenger car end-market, resulting in a year-on-year revenue growth of approximately 15% for the financial year. Expansion of operating profit margin was mainly due to economies of scale; weakening of the Renminbi against the Hong Kong Dollar; one-off gain after tax on the disposal of land, building and machinery of a plant in Germany of approximately HK$13 million, which were partially offset by a one-off impairment provision charge after tax of approximately HK$73 million against net book value of building, machinery, equipment, inventory, etc. which were damaged in a fire that occurred at the Group’s Nantong plant in June 2022.

Mr. Lu Ruibo, Chairman and Chief Executive Officer of Impro, said, “In 2022, the global economy faced multiple challenges due to the resurgence of the COVID-19 pandemic, the Russian-Ukrainian war and high inflation. In the face of an extremely difficult market environment, the Group has achieved remarkable results for the year owing to its diversified end-markets and global operations, both of which are its competitive edges. During the year, the Group has continued to perfect and expand its production bases in Asia, Europe and the Americas. The Group’s third plant, an investment casting plant, at its production base in Mexico was officially put into operation in November 2022, and the remaining aerospace components and surface treatment plant are expected to commence production in 2023. In addition, Impro is actively expanding into the aerospace and hydraulic markets, having acquired two related company and business last year, which will start to create strong synergies for the integration of supply chain and global market coverage. Furthermore, the recovery and development of various end-markets will continue to promote substantial development of its business and bring long-term returns to shareholders.”Hashtag: #Impro

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

About Impro

Impro Precision Industries Limited was established in Wuxi, China in 1998 and its headquarters was moved to Hong Kong, China in 2011. It is a global top-ten manufacturer of high-precision, high-complexity and mission-critical casting, machined components and hydraulic orbital motors for diversified end markets. According to market research, Impro Precision was the world’s sixth-largest independent and China’s largest investment casting manufacturer and also the world’s fourth-largest precision machining company in the end markets of automotive, aerospace and hydraulics, each in terms of total revenue in 2021. The Group is also one of the few domestic suppliers offering one-stop solutions, including initial research and development, tooling design and manufacturing, casting, heat treatment, secondary machining and surface treatment. Impro Precision has established a global manufacturing layout and comprehensive service network. It has 21 production facilities in China, Germany, Turkey, the Czech Republic and Mexico, which are supported by 9 sales offices in China, the US, Luxembourg, Turkey, Germany, Mexico and Hong Kong, as well as warehousing capacities in China, North America, Luxembourg, Mexico, Germany and Turkey. Impro Precision has established long-term strategic cooperative relationships with a number of globally recognized industry leaders, selling its products in more than 30 countries and regions.

Lao Government Increases Living Allowances for Civil Servants

Candidates attend civil servant examination.

The Prime Minister’s Office has recently announced the increase in living allowances for civil servants across the country.

NEFIN and City Development join hands to build the green power capability in Taiwan

TAIPEI, TAIWAN Media OutReach – 9 January 2023 – NEFIN Capital Taiwan Company Limited (“NEFIN Capital”), a subsidiary of NEFIN, renewable energy supplier in Asia Pacific, announces its cooperation with City Development Company Limited (“City Development”) to venture into the solar energy market in Taiwan. City Development will assess, develop and acquire solar power plants for NEFIN, and be the largest developer and development investment consultant for NEFIN in Taiwan.

Caption
LEFT: Mr Passion Yang, Managing Director of City Development (left) & Mr Glenn Lim, Director of NEFIN Capital (right), sealed the partnership.
RIGHT: Mr Glenn Lim, Director of NEFIN Capital (left) & Mr Passion Yang, Managing Director of City Development (right), signed the partnership contracts.

Mr Glenn Lim, Director of NEFIN Capital, shared that NEFIN is a premium green independent power producer funded by AC Energy Corporation (“ACEN”) in the Philippines. It operates and holds over 3,800MW of utility-scale, commercial and industrial renewable energy systems across the world. NEFIN has continuously invested in Taiwan and works with local partners which possess long-standing performance and experience to develop and accomplish the market’s sustainability and green energy vision, as well as to work with local community to create a long-term and positive environment for domestic economy and society growth.

Mr Lim emphasized that NEFIN not only develops and builds its own solar power plants in Taiwan but it also actively looks for suitable projects for acquisition. NEFIN is positive about the cooperation with City Development as the collaboration provides an opportunity to integrate the expertise that the NEFIN and its partner possess in the areas of site evaluation analysis, technology integration, design and engineering construction, and solar power financing solution. This will speed up the supply of reasonably priced green electricity to Taiwanese enterprises and consumers, achievement of carbon neutrality, and assist Taiwanese government with implementation of its renewable energy policy and planning of green economy.

City Development Managing Director Mr Passion Yang mentioned that the concept of sustainable urban development has prevailed around the world and green energy development is an important part of it. With a clear principle of building local partnership, City Development earns trust from local landlords through its good reputation. Over the years it has consolidated close to 400 hectares of lands in Pingtung and Kaohsiung for energy companies owned by renowned enterprises including PJ Asset Management Group, AUO Group, Union Group, Lealea Group, and has facilitated the construction of 60 ground-mounted and water-based solar power plants. The Company is not only an important driver of Pingtung Solar Power Zone, but also the largest ground- mounted solar power developer in southern Taiwan.

Mr Yang also shared his high expectation on the collaboration with NEFIN in Taiwan, which will jointly respond to government policy and encourage general public to embrace green energy. The two organizations can synergize their expertise to promote the conversion of wasteland into green gold, creating wins for industry, government and community, and build green energy vision for Taiwan.

Hashtag: #NEFIN

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

About NEFIN

NEFIN is a premium green independent power producer (IPP) offering bespoke carbon neutral technologies & financing solutions in Asia Pacific. NEFIN, funded by ACEN Corp., has collectively installed over 3,400 MW of utility-scale, commercial and industrial renewable energy systems. ACEN is listed in the Philippines (PSE: ACEN) and is part of the Ayala Corporation, one of the largest conglomerates in the Philippines, founded by the Ayala family in 1834. With its regional and multidisciplinary team, NEFIN offers comprehensive assessments and a full-suite of services to evaluate the ESG impact and commercial viability of projects, utilizing innovative approaches to technology under its unified energy management platform.

With a mission of “Achieving Carbon Neutrality for You”, NEFIN is committed to the global climate goals and aims to accelerate the decarbonization of our client portfolios. NEFIN believes the future of the world is everyone’s responsibility and strives to redefine energy boundaries towards a sustainable future. Please refer to NEFIN’s website for more information and follow us at .

About City Development Company Limited

Established in 2010, City Development Company Limited began its business with large scale land development such as urban regeneration, land rezoning and land consolidation, as well as sales of large-scale commercial offices and buildings. The Company has made significant achievement since branching into solar power plant business in 2016. It is now focused on the development of Pingtung Solar Power Zone where its scale has already reached over 400 hectares of land to date. For more information, please visit https://www.city-development.com.tw/index.html

Lao Food Festival to Take Place This Month

A vendor makes food during Lao Food Festival 2020 in Vientiane (Xinhua)
A vendor makes food during Lao Food Festival 2020 in Vientiane (Xinhua).

The latest edition of the Lao Food Festival will be held between 24-28 January 2023 at Chao Anouvong park in Vientiane’s Chanthabouly district.

Generali Hong Kong wins whole-life critical illness, term critical illness and savings insurance awards at “10Life 5-Star Insurance Award 2022”

HONG KONG SAR – Media OutReach – 9 January 2023 – Generali Hong Kong has recently won the “5-Star Savings Insurance Award”, “5-Star Whole Life Critical Illness Insurance Award” and “5-Star Term Critical Illness Insurance Award” at 10Life 5-Star Insurance Award 2022, recognising its outstanding performance in delivering comprehensive health and wealth solutions. Generali Hong Kong is the only insurer to be awarded in all the three categories of savings, whole-life critical illness and term critical illness insurance.

(From left) Ms. Quinney Tang, Division Head, Product Development, Ms. Ady Law, Chief Distribution and Marketing Officer and Ms. Cecilia Chang, Chief Executive Officer of Generali Hong Kong received the trophies from Thomson Ho, Co-Founder of 10Life.
(From left) Ms. Quinney Tang, Division Head, Product Development, Ms. Ady Law, Chief Distribution and Marketing Officer and Ms. Cecilia Chang, Chief Executive Officer of Generali Hong Kong received the trophies from Thomson Ho, Co-Founder of 10Life.

Ms. Cecilia Chang, Chief Executive Officer of Generali Hong Kong said, “We are very honored to receive 3 accolades at ’10Life 5-Star Insurance Award 2022′, covering multiple award categories. These awards reaffirm our commitment to providing excellent products and services, demonstrating our ambition to be a Lifetime Partner to our customers. Moving forward, Generali will continue to develop first-class insurance solutions to protect customers at every stage of their life journey.”

Generali Hong Kong’s award-winning savings insurance, namely “LionTycoon Beyond”, offers numerous competitive product features to meet customers’ needs at different life stages, including:

  • Attractive potential returns
    The plan with a two-year premium payment term features a short total break-even year as low as 6 years and provides double total cash value in 15 policy years; quadruple in 25 policy years based on total premiums paid[1].

  • Various payment terms options
    A total of four payment terms, 2, 5, 8 and 10 years, are available to help customers achieve their financial goals based on their needs at different life stages.

  • Flexibility to lock-in Terminal Dividend
    Through the Regular and Flexi Lock-in Options[2], Terminal Dividend can be accumulated in the Benefit Accumulation Account to earn non-guaranteed interest of 4% p.a., securing market upside and avoiding volatility.

5-Star flagship products in Generali Hong Kong’s critical illness series, LionGuardian Beyond and LionGuardian PlusOne, provide comprehensive coverage with the following key features:

  • Unlimited major critical illness benefits[3]
    Exclusive in the market[4], both plans offer unlimited number of claims[5] for cancer, stroke and heart attack until the age of 100[6], protection for 138 illnesses, including Major Critical Illnesses and Early Stage or Minor Illnesses, and every major critical illness claim offers 100% of Sum Assured, unaffected by any previous claims on other critical illnesses.

  • Protection for unknown illnesses
    Even if the cause of the illness is unknown, benefits are also payable for losses in functionality of the key organs[7] – heart, liver, lung or kidney – with 100% of Sum Assured for each claim.

  • Juvenile illnesses coverage
    12 juvenile illnesses are covered, including Attention-Deficit Hyperactivity Disorder (ADHD), Autism and Tourette Syndrome (TS). Children will also be guarded even if the covered illnesses are arisen from congenital conditions. If the insured is unfortunately diagnosed with cancer for the first time before the age of 22, a one-off Extra Child Cancer Benefit[8] which is equivalent to 40% of Sum Assured will be paid. Together with the 100% of Sum Assured for Major Critical Illness Benefit and the Extra Coverage Benefit8 of 60% of Sum Assured in the first 10 policy years, the total benefit payout is up to 200% of Sum Assured.

10Life is one of the largest insurance comparison platforms in Hong Kong and performs quantitative research on insurance products. Their actuaries rate insurance products based on factors that matter the most to the consumers. The top insurance products in the market are rated as 5 Star.

“Generali Hong Kong” refers to “Generali Life (Hong Kong) Limited” unless stated otherwise.
LionTycoon Beyond, LionGuardian Beyond and LionGuardian PlusOne are underwritten by Generali Life (Hong Kong) Limited.

Terms and conditions apply. The press release does not contain the full provisions of the products and the full terms can be found in the Policy Provisions. For details of coverage, limitations, product risks, terms and conditions, please refer to the insurance policy documents, e.g. illustration, Policy Provision, product brochure and other supplementary materials (if applicable).


[1] Applicable to Two-year Premium Payment Term, with annual premium of US$100,000. Calculation of total break-even year and total cash value includes Guaranteed Cash Value and non-guaranteed Terminal Dividend. It is assumed that all premiums are paid in full when due, no withdrawals, no policy loans and no other policy options were made.

[2] Terminal Dividend Lock-in Options can be exercised starting from the 15th Policy Anniversary.

[3] Unlimited claims are only applicable for Cancer, Stroke and Heart Attack. For each of the other major critical illnesses, the major critical illness benefit shall

be payable to the maximum once only.

[4] Based on comparisons with other critical illness plans issued by Hong Kong major life insurance companies as of Nov 2022.

[5] Subject to waiting period and specific terms and conditions

[6] Applicable to LionGuardian Beyond only. If the plan is taken out for an unborn baby, coverage period will be 100 years after the policy becomes effective.

[7] Diagnosed with specific condition of key organs (heart, liver, lung or kidney) which last for at least 3 consecutive months.

[8] Extra Child Cancer Benefit and Extra Coverage Benefit are applicable to LionGuardian Beyond only. The Extra Child Cancer Benefit will only be payable on the 1st diagnosed suffering from a Cancer before the Policy Anniversary falling on or immediately after the Insured’s 22nd birthday. This benefit can only be claimed once under the same Policy and it will cease after the claim.

Hashtag: #GeneraliHongKong

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

GENERALI HONG KONG

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

GENERALI GROUP

Generali is one of the largest global insurance and asset management providers. Established in 1831, it is present in 50 countries in the world, with a total premium income of €75.8 billion in 2021. With around 75,000 employees serving 67 million customers, the Group has a leading position in Europe and a growing presence in Asia and Latin America. At the heart of Generali’s strategy is its Lifetime Partner commitment to customers, achieved through innovative and personalised solutions, best-in-class customer experience and its digitalised global distribution capabilities. The Group has fully embedded sustainability into all strategic choices, with the aim to create value for all stakeholders while building a fairer and more resilient society.

DHL Express Expands Footprint in Laos with New Vientiane Service Point

DHL Express opens new service point in Xaysettha District in Vientiane
  • Located in Saysettha District in the capital city Vientiane, the new service point aims to boost convenience for customers in shipment delivery and collection
  • This is also the second service point opened within one year, with the first added in Xiengkhaung in January 2022
  • DHL plans to launch five more service points in the next two years, bringing the total number to 10 across the country


VIENTIANE, LAOS – Media OutReach – 9 January 2023 – DHL Express, the world’s leading international express service provider, has expanded its presence in Laos with a new service point in the Saysettha district of Vientiane. The service point caters to a growing need for outbound shipping, enabling customers to conveniently send and collect documents and parcels to any destination outside of Laos. It is also the second addition in 12 months, with the other service point opened in January in Xiengkhaung. There are currently five service points across Laos.

“As the only landlocked country in Southeast Asia, Laos is looking to improve its connectivity to bolster trade. In recent years, we have also seen international shipping activities continue to thrive in Vientiane due in part to the Covid-19 pandemic. With this new service point in the Saysettha district, we hope to be a reliable provider of choice for our customers by offering more convenient and secure shipping options to more residents and businesses,” said Mark Ong, Country Manager for Laos, DHL Express.

The latest service point is strategically located in the Phonthan Zone of Saysettha district, closer to customers, including expatriates and businesses residing in the nearby Saphanthongkang village zone. Since the Covid-19 pandemic, the e-commerce industry has similarly gained a foothold in Laos, with an increase in international shipping demand, the U.S. lane being the most popular.

Cross-border trade growth potential in Laos

Laos recorded a trade surplus of $1 billion in 2021, indicating a huge potential for cross-border trade and e-commerce. The landlocked country has been looking to boost trade and connectivity by proactively establishing stronger trade links with other economies. This includes the signing of trade and bilateral agreements over the years. Most recently, the Regional Comprehensive Economic Partnership – of which Laos is a member – took effect in January 2022.

Established in 1995 in Laos, DHL Express was the first to provide express international delivery services for both businesses and individual customers. Over the years, DHL Express has been a critical connector for customers and expanded its presence to better support customers, even throughout the pandemic. In addition to the current five service points, DHL Express plans to set up three in 2023 and two in 2024 across the country.Hashtag: #DHLExpress #Vientiane #crossbordertrade #serviceexcellence



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

DHL – The logistics company for the world

DHL is the leading global brand in the logistics industry. Our DHL divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 380,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global sustainable trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, engineering, manufacturing & energy, auto-mobility and retail, DHL is decisively positioned as “The logistics company for the world”.

DHL is part of Deutsche Post DHL Group. The Group generated revenues of more than 81 billion euros in 2021. With sustainable business practices and a commitment to society and the environment, the Group makes a positive contribution to the world. Deutsche Post DHL Group aims to achieve net-zero emissions logistics by 2050.