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Fujian Delegation Visits Saudi Arabia for Economic and Trade Exchanges

FUZHOU, CHINA – Media OutReach Newswire – 5 August 2024 – From August 1 to 3, the Delegation of Fujian visited Saudi Arabia.

The Delegation of Fujian had in-depth exchanges with officials from the Saudi Ministry of Energy, Ministry of Investment, Ministry of Media, and other relevant departments, and introduced the economic and social development of Fujian.

Zhou Zuyi, Secretary of Fujian Provincial Committee and Chairman of the Standing Committee of Fujian Provincial People’s Congress expressed that Fujian is willing to work with Saudi Arabia to implement the important consensus reached by the leaders of the two countries. Taking the high-quality joint construction of BRI as an opportunity, Fujian will deeply align with Saudi Arabia’s “Vision 2030” and carry out cooperation to achieve common development. Standing at a new starting point, it is necessary to further expand the scale of investment and trade cooperation, jointly guide and encourage enterprises from both sides to step up market development efforts, and carry out cooperation in industrial investment, infrastructure, high-tech, cross-border e-commerce, and other areas. Efforts will be made to further deepen the cooperation throughout the entire petrochemical industry chain, and promote the acceleration of the landing and construction of existing cooperation projects. We will further expand cooperation in new energy, digital economy, and other areas, to leverage the industrial advantages of both sides, and jointly cultivate new quality productive forces.

During this visit to Saudi Arabia, the Delegation of Fujian successively met and exchanged with the main persons in charge of companies such as the Saudi Basic Industries Corporation (SABIC), the Saudi International Electricity and Water Company, and the Saudi National Petroleum Company (Saudi Aramco), to further advance cooperation between the two sides and witness the signing of related projects. The heads of the enterprises expressed that they will always regard Fujian as an important strategic cooperation area, by increasing investment, expanding project layout, and promoting tangible results in various fields of cooperation.

Fujian is regarded as the eastern starting point of the ancient Maritime Silk Road and the core area of the 21st-Century Maritime Silk Road. Saudi Arabia is one of the earliest countries to actively participate in the “Belt and Road” Initiative(BRI). Although the two places are thousands of miles apart, the Silk Road has closely connected and brought them together.

Hashtag: #TheDelegationofFujian

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Hong Kong wraps up fruitful ASEAN visit


HONG KONG SAR – Media OutReach Newswire – 5 August 2024 – A high-level Hong Kong delegation, led by Chief Executive John Lee, has wrapped up a fruitful six-day visit to three Association of Southeast Asian Nations (ASEAN) member states, namely Laos, Cambodia and Vietnam (28 July – August 2, 2024).

Hong Kong's Chief Executive Mr John Lee (left) meets with the Deputy Secretary of the Ho Chi Minh City Party Committee, Mr Nguyen Ho Hai (right).
Hong Kong’s Chief Executive Mr John Lee (left) meets with the Deputy Secretary of the Ho Chi Minh City Party Committee, Mr Nguyen Ho Hai (right).

Adopting the theme of “Super-connecting New Pathways to Success”, Mr Lee said the visit had achieved its goals, including strengthening bilateral ties and enhancing government-to-government and business-to-business co-operation across various sectors.

A total of 55 memoranda of understanding (MOUs) were signed during the three-nation visit. They covered sectors ranging from economic co-operation, investment promotion, aviation services, information and technology, financial services and capital market development to trade, logistics co-operation, customs collaboration and education exchange.

Mr Lee also highlighted five key results from the trip, including strengthening government-to-government relations and communications; reaching consensus on areas of development and co-operation; laying a solid foundation for future collaboration between Hong Kong and ASEAN; enhancing a shared strong will to contribute to the Belt and Road Initiative; and confirming the three countries’ support for Hong Kong’s accession to the Regional Comprehensive Economic Partnership.

“We are very happy that the visit has reaped all these good results,” Mr Lee said. “But what is even more important is the goodwill that we have built, and the friendship that we have created and strengthened.”

In Ho Chi Minh City, Vietnam, which was the last stop of the visit, 22 MOUs were exchanged to promote co-operation between various institutions and enterprises.

Mr Lee also visited a garment manufacturer, which has its headquarters in Hong Kong, to learn more about the company’s business development experience in Vietnam.

Mr Lee (first right) visits a garment manufacturer in Vietnam headquartered in Hong Kong.
Mr Lee (first right) visits a garment manufacturer in Vietnam headquartered in Hong Kong.

Speaking at a business luncheon in Ho Chi Minh City, Mr Lee noted that Hong Kong had relaxed entrance visa requirements for Vietnam nationals wanting to visit Hong Kong. He also said that the MOUs would further boost tourism and education ties between Hong Kong and Vietnam.

Mr Lee speaks at a business luncheon in Vietnam co-organised by the Hong Kong Economic and Trade Office in Singapore and the Hong Kong Trade Development Council.
Mr Lee speaks at a business luncheon in Vietnam co-organised by the Hong Kong Economic and Trade Office in Singapore and the Hong Kong Trade Development Council.

“Two of our leading universities, the University of Hong Kong (HKU) and the Hong Kong Polytechnic University, are, respectively, signing MOUs with three universities and a leading secondary school in Ho Chi Minh City. The agreements will present scholarship opportunities in undergraduate and graduate programmes, and promote educational collaboration.” Mr Lee said.

HKU’s business school emphasised the advantages of pursuing a Master of Business Administration (MBA) in Hong Kong.

Dr Tuan Quang Phan (Director of the Representative Office of HKU in Vietnam and Associate Professor, HKU Business School) said, “Vietnamese business leaders are eager to learn more about doing business with their largest trading partner. Executives and students alike have shown keen interest in learning more about business opportunities in Hong Kong and Greater China.

“Consistently recognised as the most international university worldwide, HKU serves as a vital bridge between Hong Kong, Mainland China, Asia, and the global community. Notably, our MBA programme is also ranked as the top one-year MBA programme globally,” Dr Tuan said, adding that Hong Kong boasts a rich history of academic excellence, anchored by numerous research institutions and top-ranked universities.

“As a global financial hub and a key part of the Greater Bay Area (GBA), Hong Kong is ideally positioned to attract top talent in AI, technology, healthcare, and digital business,” Dr Tuan said. “The GBA, with its dynamic ecosystem, is emerging as a leader in global technology and healthcare sectors. Studying in Hong Kong, the central research hub of the GBA, places Vietnamese students at the forefront of both Western and Eastern technological advancements.”

Hashtag: #hongkong #brandhongkong #asiasworldcity #ASEAN #Laos #Cambodia #Vietnam #delegation #collaboration #business #exchange





Wechat: 香港 亚洲国际都会

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Laos to Digitize Citizenship Records, Prime Minister Says

Laos to Digitize Citizenship Records, Prime Minister Says
Lao Prime Minister Sonexay Siphandone makes an announcement (photo credit: Pasaxon News)

Prime Minister Sonexay Siphandone has announced plans to establish a new digital national database for citizen registration and identity card issuance, to enhance national security, governance, and administrative efficiency by streamlining the registration process.

Carlsberg Asia launches #CelebrateResponsibly across APAC in partnership with Grab, foodpanda and Meituan

The partnership will kick off in Q3 of 2024 during football campaign season, with a series of Responsible Drinking initiatives throughout the year to support responsible consumption


HONG KONG SAR – Media OutReach Newswire – 5 August 2024 – Carlsberg Asia is pleased to launch a regional responsible drinking campaign, #CelebrateResponsibly, in partnership with three of Asia’s major e-commerce platforms – Grab, foodpanda, and Meituan – transforming how consumers enjoy beer. This partnership is key to realising the brand’s vision of ZERO Irresponsible Drinking by leveraging Carlsberg’s and its partners’ brand voices and touchpoints to create a culture of responsible drinking. The aim is to discourage consumers from driving under the influence of alcohol and encourage them to make drinking occasions and beer moments safe and enjoyable. As the official beer sponsor of Liverpool Football Club (LFC) since 1992, Carlsberg will kick off this campaign during the football season to leverage this significant passion point to invite all drinkers to #CelebrateResponsibly.

Carlsberg Asia launches a series of Responsible Drinking initiatives in partnership with three of Asia’s major e-commerce platforms – Grab, foodpanda, and Meituan
Carlsberg Asia launches a series of Responsible Drinking initiatives in partnership with three of Asia’s major e-commerce platforms – Grab, foodpanda, and Meituan

“Carlsberg is delighted to partner with three of Asia’s leading e-commerce apps to deliver quality drinking experiences responsibly,” says Arindam Varanasi, Vice President, Commercial Asia, Carlsberg. “Through these strategic partnerships, we will make Carlsberg’s portfolio of brands easier and safer to access, expanding drinking moments for consumers in key markets across the region by emphasising the importance of celebrating responsibly.”

Expanding consumer experiences through #CelebrateResponsibly

Carlsberg will tap into the extensive ecosystem and hyperlocal insights of these partners who have a strong presence in Carlsberg’s APAC markets, with a significant overlap in consumer bases, to deliver the important message.

Through a promotional campaign with Grab, Carlsberg hopes to generate awareness of its ‘responsible drinking’ message through digital in-app activations targeting key Southeast Asian markets including Singapore, Cambodia, and Myanmar. Leveraging Grab’s multiple online to offline touchpoints, Carlsberg will encourage football fans across the region to book GrabCar rides to prioritise safety and responsible alcohol consumption. As part of this, consumers can enjoy discounted rides to best-known Carlsberg outlets or enjoy attractive offers on GrabMart to have their favourite Carlsberg beers delivered.

In Singapore and Hong Kong, Carlsberg Asia and foodpanda will tap on rider engagement activities and offer the refreshing 0.0% alcohol-free Carlsberg to delivery partners. This initiative not only emphasises Carlsberg’s commitment to providing alcohol-free and low-alcohol alternatives but also encourages responsible consumption. Additionally, Carlsberg will introduce an online sampling campaign, allowing consumers to redeem alcohol-free beer on pandamart, foodpanda’s online grocery store.

Carlsberg, in its partnership with Meituan, a tech-driven retail company in China, will further expand its reach and support other existing responsible drinking related efforts that are already being implemented in the country across a wide portfolio of brands. This collaboration will involve working closely with the destination governments, local districts, and merchants, leveraging the various ‘Meituan Districts’ or key high footfall commercial areas, to drive awareness around responsible drinking practices through public engagement events and activations. Carlsberg will launch a digital activation with Meituan’s food delivery cabinets, where users will have the opportunity to learn about these events by simply scanning a QR code, creating an interactive and convenient experience for consumers.

Stay tuned for future announcements about more exciting campaigns and activations under this partnership. For more information, please visit: https://www.carlsberggroup.com/

Hashtag: #CarlsbergAsia

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About Carlsberg

Established in 1847 by brewer J.C. Jacobsen, the Carlsberg Group is one of the leading brewery groups in the world, with an attractive portfolio of beer and other beverage brands. With over 30.000 employees, and with a presence in more than 125 markets, the Group has a purpose of brewing for a better today and tomorrow Doing business responsibly and sustainably supports that purpose – and drives the efforts to deliver value for shareholders and society.

Carlsberg Asia is a dynamic and diverse region comprising of 8 operating markets: Cambodia, China, Hong Kong S.A.R., Laos, Malaysia, Myanmar, Singapore and Vietnam. Altogether we have 34 breweries and some 12,000 employees spreading across the Asian markets. The Asia Regional Office is based in Hong Kong.

Crown Worldwide Group Hong Kong Wins Green Environmental Protection Award 2024


HONG KONG SAR – Media OutReach Newswire – 5 August 2024 – Crown Worldwide Group Hong Kong has been honored with the prestigious Master Insight ESG Achievement Awards 2024 in the category of ‘Green Environmental Protection’ for the second consecutive year. The award ceremony took place at the Hong Kong Exchange on July 29.

Crown Worldwide Group Hong Kong has won Green Environmental Protection Award at the ESG Achievement Awards 2024.
Crown Worldwide Group Hong Kong has won Green Environmental Protection Award at the ESG Achievement Awards 2024.

The ESG Achievement Awards celebrate sustainability across industries by acknowledging individuals and organizations that have demonstrated exceptional dedication to ESG (environmental, social, and governance) principles and a green vision in Hong Kong. The Awards recognized Crown Worldwide Group for its outstanding contributions in the realm of Green Environmental Protection within the private organization sector.

Over nearly six decades, we have always believed success extends beyond financial performance. It lies in our ability to make a meaningful and lasting difference in society and the world at large. Sustainability is at the heart of Crown’s business and is reflected in everything the company does, from managing operations to service offerings and forging partnerships with organizations that share the same vision.

Dennis Muldowney, Managing Director of Crown Worldwide Group Hong Kong, said during the Awards Presentation Ceremony, “This award acknowledges Crown Hong Kong’s longstanding dedication to sustainability and our ongoing initiatives to minimize our environmental footprint, support local communities, and uphold ethical business practices. We are committed to making a positive impact on the environment and the communities where we work and live, and we will continue to rise to the challenges ahead.”

Hashtag: #CrownWorldwide

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

About Crown Worldwide Group

Crown Worldwide Group is a privately owned logistics company founded in 1965 and headquartered in Hong Kong. Committed to making it simpler to live, work and do business anywhere in the world.

The Group manages a broad portfolio of complementary brands, including Crown Workspace, Crown World Mobility, Crown Relocations, Crown Records Management, Crown Fine Art, Crown Logistics, Crown Wine Cellars and exXtra.

Discover Crown.

Study shows that basic polymers can be recycled up to 10 times

MOSCOW, RUSSIA – Media OutReach Newswire – 5 August 2024 – The Russian Chemists Union and the Chemical Industry Development Aid Fund have completed a large-scale study at Rosbiotech University on the quality of repeatedly recycled polymers. The study proved that, after being recycled as many as 10 times, these materials retain operational properties comparable to those of primary polymers.

The scientists involved in the study used extrusion, granulation, and grinding to simulate the secondary recycling of basic polymers. To assess the quality of the materials, they used comprehensive criteria comprising six indicators: molecular weight, breaking stress, relative elongation at break, oxygen-containing groups, yellowing, and melt flow.

The study helped establish the number of times polymers can be recycled. The experiments showed that high-density polyethylene (HDPE) and polyvinyl chloride (PVC) retain their operational properties after being recycled 10 times; low-density polyethylene (LDPE), 9 times; polypropylene (PP), 8 times; and polystyrene (PS), 5 times.

These results were obtained without using stabilizers – additives that protect polymers from degradation. The research confirmed that polymers offer excellent potential for use in a circular economy. According to experts, over 60% of the 5 million tonnes of plastic waste generated annually in Russia could potentially be recycled and used in the production of new products.

The Russian Chemists Union shared the findings of its study with the Russian government. The group proposed developing a methodology for recycling basic polymers and identifying areas where they could possibly be used. Advances in recycling will help reduce the environmental fees that polymer processors will have to pay in the future.

The Russian Chemists Union is a non-profit organization which includes companies in the chemical sector, industry researchers and educational institutes, as well as chemical unions and associations. Currently, the Union has about 600 enterprises and organizations as members.

Hashtag: #RussianChemistsUnion

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Sahm App Offers Limited-Time 70% Off Commission Fee to Boost Retail Investor Participation


RIYADH, SAUDI ARABIA – Media OutReach Newswire – 5 August 2024 – In a move to attract domestic investors, Sahm App, the fast-growing online brokerage platform, has announced a limited-time 70% off commission fee for trading Saudi stocks. This offer is available from August 1st to August 31st, 2024.

The initiative, part of Sahm’s corporate strategy to provide value to its users, aims to enhance the investing experience for Saudi retail investors seeking to access the local stock market. New users will also receive free Snap Inc. stocks worth $50 and free real-time U.S. quotes for one year. For more information on Sahm App offerings, please visit https://www.sahmcapital.com/activitiesr/pre-activity-new?urlType=1.

“We’ve observed a growing demand from Saudi investors to participate in the local market,” said Hadeel Bedeeri, general manager of Sahm Capital. “This commission discount is our way of empowering these investors and making it more affordable for them to build their portfolios.”

Beyond the attractive pricing, Sahm App offers a comprehensive suite of investment products, including stocks, ETFs, REITs, and more, allowing investors to diversify and execute their strategies.

Recognizing the importance of investor education, Sahm has also invested in several initiatives to enhance financial literacy. The app features an educational video library covering topics from beginner guidance to technical analysis, as well as an AI-powered daily news broadcaster, Aliyah, who interacts with users in both Arabic and English.

“Our goal is to not only provide cutting-edge trading tools but also equip investors with the knowledge to make informed decisions,” added Hadeel Bedeeri. “We believe this holistic approach will contribute to the long-term growth and stability of the Saudi capital market.

Sahm App is offering all eligible clients a 70% discount on commission fees* for Saudi stocks trading, available from August 1st to August 31st, 2024.

*The 70% discount applies only to the commission fee charged by Sahm App, not the entire trading commission. Terms and conditions apply, for more information, please visit https://www.sahmcapital.com/activitiesr/pre-activity-new?urlType=1.

Hashtag: #Brokerage

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

About Sahm Capital

Registered in Riyadh, Sahm Capital holds licenses (22251-25) from the Capital Market Authority (CMA) to conduct Dealing, Advising, and Custody services in KSA. The company is also a registered member of the Saudi Exchange, as well as its affiliates, the Securities Depository Center Company (Edaa) and the Securities Clearing Center Company (Muqassa). For more information about Sahm, please visit .

YouBiz Expands with New Chinese Yuan Renminbi (CNY) Corridor, Simplifying Cross-Border Payments to China


SINGAPORE – Media OutReach Newswire – 5 August 2024 – YouBiz, a leading multi-currency corporate card and spend management platform for businesses by YouTrip, today announced the launch of a new Chinese Yuan Renminbi (CNY) remittance corridor. This strategic expansion caters to the increasing demand for efficient and cost-effective cross-border transactions between Singapore and China, as businesses deepen their engagements with the world’s second-largest economy.

China is Singapore’s largest trading partner, with nearly S$80 billion in imports facilitated in 2023. YouBiz’s CNY remittance corridor aims to empower businesses to seamlessly transfer funds from Singapore to China, offering a cheaper, more secure and convenient alternative to traditional methods.

Kelvin Lam, Chief Operating Officer of YouBiz, said: “China is an important market for many of our customers with increasing cross-border payments made to Chinese suppliers and partners. We are thrilled to introduce the CNY remittance corridor as part of our ongoing commitment to supporting businesses in their global expansion. This new service significantly enhances their ability to manage cross-border payments efficiently, at a lower cost.”

YouBiz customers can easily set up company recipients for swift and easy recurring payments to Chinese companies within 1-2 working days. Supporting overseas transfers with 20 currency corridors, YouBiz offers true mid-market exchange rates and a transparent, low fee with no hidden charges or FX markups.

YouBiz: The Corporate Account Made for Global Businesses
The introduction of the CNY remittance corridor enhances YouBiz’s comprehensive suite of cross-border financial services, which includes multi-currency corporate cards, expense management, and foreign exchange solutions.

YouBiz is the first-in-market to offer customers the flexibility to issue foreign currency-denominated corporate cards in nine major currencies, including USD, EUR and THB, with no monthly fees. This enables companies to eliminate additional conversions and transact directly in the preferred non-SGD currency for a more seamless experience. Businesses also benefit from unlimited 1% cashback and zero FX fees for card spending in over 150 currencies.

By providing a wider range of currency options and enhanced remittance capabilities, YouBiz empowers businesses to navigate the complexities of cross-border trade with confidence and ease.
Hashtag: #YouBiz #YouTrip #Business #Finance #Fintech


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

About YouBiz

YouBiz is the leading multi-currency corporate card and spend management platform for businesses. Built by YouTrip, a first-mover in the Southeast Asian fintech and digital payments space, YouBiz provides SMEs and startups with an intuitive, convenient and affordable spend management platform to power their cross-border payment needs and global expansion plans.

Today, YouBiz is one of the fastest growing spend management fintechs and a reliable partner for thousands of businesses in Singapore as they accelerate their business growth with the best in market exchange rates, at zero FX fees. For more information, please visit .