SINGAPORE – Media OutReach – 15 November 2022 – The DHL Ocean Freight Market Update Report November 2022 is now available. Below are highlights of the latest developments of the global ocean freight market in this monthly analysis by DHL Global Forwarding.
Demandoutlook – Various events such as war in Ukraine, the energy crisis and inflation are loweringconsumerspend, andthusdemandingoods. “With the downward shift in market rates, it is crucial to provide our customers with the best solutions to optimize their costs in the months to come,” said Kelvin Leung, CEO, DHL Global Forwarding Asia Pacific.
Capacity – With a huge number of new large containerships hitting the water in 2023 at a time of stagnatingdemand, the liner shipping market might be headed towards structural overcapacity which couldimpactprofits.
China – While port-related congestion issues in Europe and the U.S. have lessened, supplychaindisruptionsarecontinuinginChina which show no signs of easing pandemic-driven restrictions, thus dampening both international trade and China’s own economic growth.
“We are closely monitoring the situation in China, and hope to see some loosening of the restrictions by next year. This would allow manufacturers to plan production and deliveries more efficiently. It would also boost growth and confidence in the important Chinese domestic market,” added Leung.
Economicoutlook – The latest PMI surveys signalled that the downturninglobaleconomicactivityisshowingnosignofrelenting. Bennett Parrish, Global Economist at J.P.Morgan, added, “With demand weak, geopolitical and market volatility high, and inflationary pressures still elevated, the growthoutlookremainsdownbeatfortheremainderoftheyear.”
The eurozone economy looks set to contract in the fourth quarter given the steepening loss of output and deteriorating demand picture seen in October. The U.S. economy is also struggling with manufacturing activity growing at its slowest pace.
Shiftingrates – The combination of a lowereddemand, along with growingcapacity, has led to a dropinrates. Across many trade lanes, cargo volumesareweakening, and spot freight rates are projected to move back to pre-pandemic levels.
The DHL Ocean Freight Market Update is a monthly report by DHL Global Forwarding which tracks and analyses the latest developments of the global ocean freight market. Read the full analysis on DHL’s Logistics of Thingshere.
Hashtag: #DHL
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.
MACAU SAR – Media OutReach – 15 November 2022 – Melco Resorts & Entertainment announces Jade Dragon, its signature Cantonese fine-dining restaurant at City of Dreams, continues to uphold its status as Macau’s one and only Black Diamond restaurant by Trip.com Gourmet 2022 Global Elite Restaurant List for the second consecutive year.
Jade Dragon is further recognized by Michelin Guide Hong Kong Macau 2022 with Three Michelin-Stars and Black Pearl Restaurant Guide 2022 with Three Diamonds, being the only restaurant in Macau to achieve the highest honors in all three prestigious culinary ranking platforms. Jade Dragon presents exquisite culinary masterpieces created with the freshest seasonal ingredients and delectable delicacies. With spectacular designer décor and superlative personalized service, the restaurant sets the benchmark for fine dining in Macau.
Jade Dragon’s honors and awards include:
Trip.com Gourmet Global Elite Restaurant List 2021-2022 (Black Diamond)
Black Pearl Restaurant Guide 2018, 2020 – 2022 (Three Diamonds)
Black Pearl Restaurant Guide 2019 (Two Diamonds)
Michelin Guide Hong Kong Macau 2019 – 2022 (Three Stars)
Michelin Guide Hong Kong Macau 2016 – 2018 (Two Stars)
Michelin Guide Hong Kong Macau 2014 – 2015 (One Star)
Forbes Travel Guide Five-Star Awards 2014 – 2022
SCMP 100 Top Tables 2014 – 2022
Wine Spectator Best of Award of Excellence 2014 – 2022
Tatler Dining Best Restaurants Hong Kong & Macau 2017 – 2021 (Best Restaurant)
The recently announced Trip.com Gourmet’s 2022 Global Elite Restaurant List also presented Alain Ducasse at Morpheus a Diamond accolade while Yí at City of Dreams and Studio City’s Pearl Dragon each garnered Platinum Gold awards. Additionally, City of Dreams’ L’ATTITUDE, Studio City’s Spotlight and Kiku and Altira Macau’s Ying each won Gold awards.
Mr. David Sisk, Melco’s Chief Operating Officer of Macau Resorts, said, “The achievements highlight Melco’s ongoing contribution towards Macau’s development as a world center of tourism and leisure, and our commitment to elevating the city’s presence on the global culinary scene as a UNESCO-designated Creative City of Gastronomy. We are grateful for the work of our wonderful F&B teams and thank the organizers for the recognition. We will continue to provide a safe environment in which we welcome back visitors and locals as they experience Melco’s diversified and memorable offerings.”
Trip.com Gourmet‘s Global Elite Restaurant List was launched in 2016 to provide travelers with accessible food and restaurant recommendations. The 2022 edition of the Global Elite Restaurant List covers restaurants spanning across 66 Chinese cities. Restaurants are selected based Trip.com user reviews and assessments by an expert jury panel. The five tiers of the awards include Black Diamond, Diamond, Platinum, Gold and Silver.
Hashtag: #Melco
About Melco Resorts & Entertainment Limited
The Company, with its American depositary shares listed on the NASDAQ Global Select Market (NASDAQ: MLCO), is a developer, owner and operator of integrated resort facilities in Asia and Europe. The Company currently operates Altira Macau ( www.altiramacau.com), an integrated resort located at Taipa, Macau and City of Dreams ( www.cityofdreamsmacau.com), an integrated resort located in Cotai, Macau. Its business also includes the Mocha Clubs ( www.mochaclubs.com), which comprise the largest non-casino based operations of electronic gaming machines in Macau. The Company also majority owns and operates Studio City ( www.studiocity-macau.com), a cinematically-themed integrated resort in Cotai, Macau. In the Philippines, a Philippine subsidiary of the Company currently operates and manages City of Dreams Manila ( www.cityofdreamsmanila.com), an integrated resort in the Entertainment City complex in Manila. In Europe, the Company is currently developing City of Dreams Mediterranean ( www.cityofdreamsmed.com.cy) in the Republic of Cyprus, which is expected to be the largest and premier integrated destination resort in Europe. The Company is currently operating a temporary casino, the first authorized casino in the Republic of Cyprus, and is licensed to operate four satellite casinos (“Cyprus Casinos”). Upon the opening of City of Dreams Mediterranean, the Company will continue to operate the satellite casinos while operation of the temporary casino will cease. For more information about the Company, please visit www.melco-resorts.com.
The Company is strongly supported by its single largest shareholder, Melco International Development Limited, a company listed on the Main Board of The Stock Exchange of Hong Kong Limited and is substantially owned and led by Mr. Lawrence Ho, who is the Chairman, Executive Director and Chief Executive Officer of the Company.
The battlefield is full of KOLs to compete for state-of-the-art Philips Gaming Monitors made especially for gamers! Starting this November 26!
BANGKOK, THAILAND – Media OutReach – 15 November 2022 – PHILIPS and KRAFTON join forces to kick off the PUBG Battleground in ‘Philips Evnia Games 2022’, where famous KOLs and Influencers from 6 countries such as Thailand, Vietnam, South Korea, Taiwan, Philippines and Indonesia will enter the battlefield and fight their way to the top. This tournament promotes the diversity of gamers and the joy of gaming under Evnia’s tagline of “One Voice for All”, providing the gamers of today with the gaming monitors that they need to get the most enjoyment out of every gaming session. Evnia represents a newly launched range of premium Philips Gaming Monitors that prioritizes the emotional benefits of gamers in addition to exceptional performance.
The ‘Philips Evnia games 2022’ tournament is a meeting between KOLs and superstar influencers of each country, ‘Julio’ and ‘Makgi Gaming’ from THAILAND country, ‘Robertus Rombeng’ and ‘Enryu’ from INDONESIA country, ‘Dingception(딩셉션)’ from SOUTH KOREA country, ‘RIP113’ and ‘Bé Cơ’ from VIETNAM country, ‘Jack Logan’ from PHILIPPINES country. etc. Find out who will win the battle and obtain a Philips Gaming Monitor! Watch the live broadcast of KOLs in each country’s Country Qualifier on November 26 – December 4, 2022 and the Grand Final on December 10, 2022. Don’t miss it!
MATCH SCHEDULE :
COUNTRY QUALIFIER Date 26 November 2022 THAILAND Date 26 November 2022 VIETNAM Date 27 November 2022 SOUTH KOREA Date 2 December 2022 TAIWAN Date 3 December 2022 PHILIPPINES Date 4 December 2022 INDONESIA
The Evnia range reflects its mantra: “Reinvent the rules”. Far from the known gaming stereotype, Evnia adds freshness, classiness, and elegance to the mixture. From product lines to Ambiglow lights, Evnia prioritizes emotional benefits as well as technical advantages. The sophisticated design fits every environment, being a perfect addition to the furnishing of a casual gamer lounge or a proper PC gaming set-up.
The Evnia monitors range, starting with this launch, will see in the future further performance-driven products with models: 42M2N8900 (42″ OLED flat screen), 34M2C8600 (34″ QD OLED curved screen), 34M2C7600MV (34″ mini-LED curved screen) and 27M2C5500W (27″ VA curved screen).
Philips was founded as far back as 1891 in the Netherlands, and has since engaged in more than a century of innovation and entrepreneurship.
Thanks to the company developing timeless business values, Philips has become one of the most highly recognized and trusted brands in the world today. This comes from a tradition of caring about people’s needs, innovating based on ever-changing insights, and working to make a positive change in people’s lives – traditions as meaningful now as they were in the company’s beginnings.
Philips monitors stand for excellent picture quality, and providing innovative solutions to problems people really care about. To reflect this Philips commitment, Philips has created the slogan: ‘Innovation and You’. – See more at www.philips.com
SINGAPORE – Media OutReach – 15 November 2022 – The submission deadline for the Samsung’s Solve for Tomorrow 2022 competition has been extended to 4 December 2022, 2359hrs due to popular demand!
Samsung’s global competition, Solve for Tomorrow, is back with for its sixth edition in Singapore. Themed ‘Be the Change, Shape the Future’, the competition is open to all Singapore full-time students, aged 16 and above.
Aligned with Samsung’s global vision for CSR efforts – ‘Enabling People’, the competition aims to encourage students to think deeply about the social issues affecting their community and act on it.
The competition is held in support of the Digital for Life movement, launched by President Halimah Yacob in February 2021, and managed by Infocomm Media Development Authority (IMDA). Solve for Tomorrow 2022 aims to galvanise Singapore’s next generation of leaders to innovate and use technology for good to build a better and more inclusive society. It aligns with the Digital for Life movement in the mission of empowering youths to be more active in addressing the nation’s most pressing challenges.
Last year’s winning team, Team Adustio, shares their takeaways – “We are so thankful to Samsung for allowing us to express ourselves through our ideas. We took home more than the prizes. The competition gave us the confidence and experience to pursue our ambition and make an impact on our community,” said Alyssa Cheok. “We would like to encourage all our peers and aspiring changemakers to participate in Solve for Tomorrow 2022. It will definitely broaden your horizon and unleash your potential.”
Addressing Singapore’s Present and Future Challenges Samsung has identified four broad themes for this year’s competition. Participants can develop their ideas around any one of these themes:
Environmental Sustainability Sustainability remains a critical challenge today. Our society need bold ideas to address our most pressing environmental issues and build a sustainable future.
Health & Wellness Technological innovations hold the key to unlock better quality of life, physically and mentally, for Singaporeans. It will also play a vital role in battling pandemics and other health risks in our society.
Education & Learning Innovation and creative application of technology will play a pivotal role in transforming our youths’ learning journey and prepare them more effectively for the evolving future workplace.
Singapore’s Digital Future As Singapore continues its digitalisation journey, there are tremendous opportunities for the next generation of innovators to create future solutions that are uniquely Singapore, such as digitalising our hawker culture.
Competition Details There are two categories for Solve for Tomorrow 2022.
Category 1 – Post-Secondary Level: Full-time students aged 16 years old and above, enrolled in any Junior College, Polytechnic, Institute of Technical Education or the Millennia Institute in Singapore
Category 2 – University Level: Full-time undergraduate students aged 18 years old and above, enrolled in any of the six publicly-funded autonomous universities in Singapore, namely
Nanyang Technological University (NTU);
National University of Singapore (NUS);
Singapore Institute of Technology (SIT);
Singapore Management University (SMU);
Singapore University of Social Sciences (SUSS); and
Singapore University of Technology and Design (SUTD).
Prizes A total of 20 teams (10 from each category) will be shortlisted. Each of these teams will receive a S$600 cash prize to develop and refine their ideas and/or develop their prototype.
Out of these 20 teams, 10 teams (five from each category) will be selected to present at the finale event in January 2023, where the top three winners from each category will be announced.
MUNICH, GERMANY – Media OutReach – 15 November 2022 – Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) and the global automaker Stellantis have signed a non-binding Memorandum of Understanding as a first step towards a potential multi-year supply cooperation for silicon carbide (SiC) semiconductors. Infineon would reserve manufacturing capacity and supply CoolSiCTM “bare die” chips in the second half of the decade to the direct Tier 1 suppliers of Stellantis. The potential sourcing volume and capacity reservation have a value of significantly more than €1 billion.
“We firmly believe in electromobility and are excited to develop partnerships with leading automotive companies like Stellantis that make it a part of people’s everyday life,” said Peter Schiefer, Division President Automotive of Infineon. “Compared to traditional power technologies, silicon carbide increases the range, efficiency and performance of electric vehicles. With our leading CoolSiC™ technology and continuous investments in our manufacturing capacities, we are well positioned to meet the growing demand for power electronics in electromobility.”
Infineon and Stellantis are in talks about delivering the CoolSiC Gen2p 1200 V and CoolSiC Gen2p 750 V chips for electric vehicles under Stellantis brands. The unmatched performance, reliability, and quality of CoolSiC technology would allow Stellantis to build vehicles with longer ranges and lower consumption for the best user experience – and support the company in its efforts to standardize, simplify and modernize platforms.
Infineon has a market-leading role as a high-quality and high-volume supplier to the automotive industry. Infineon is preparing for the accelerated demand of the industry with significant investments. In 2024, for example, Infineon’s new fab for SiC technologies will start manufacturing in Kulim, Malaysia. It will complement existing manufacturing capacities in Villach, Austria, following Infineon’s multi-site strategy.
Hashtag: #Infineon
About Infineon
Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon drives decarbonization and digitalization with its products and solutions. The company has around 56,200 employees worldwide and generated revenue of about €14,2 billion in the 2022 fiscal year (ending 30 September). Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the OTCQX International over-the-counter market (ticker symbol: IFNNY).
Tis’ the season for early holiday shopping with thousands of deals starting Friday, November 25, including deep discounts of up to 75% on deals and promotions (T&Cs apply).
Amazon Singapore is hosting the first-ever Amazon.sg House at Suntec City Mall, from 24-28 November, an interactive and fun-filled event, showcasing deals and items on promotion during Black Friday.
As part of spreading the holiday cheer, Amazon is also donating a total of S$100,000 to four local non-profits, helping vulnerable children and youths in Singapore
SINGAPORE – Media OutReach – 15 November 2022 – (NASDAQ: AMZN) – Amazon Singapore announced today thousands of incredible Black Friday deals on Amazon.sg will be available starting on Friday, November 25 at amazon.sg/blackfriday. Customers will be able to shop epic deals on top brands and must-have items across Electronics, Books, Toys, Beauty, Kitchen and Wine, including brands like LEGO, Ninja, Sony, Sennheiser and Sukin. In addition, Amazon Singapore is offering exciting deals from local and small and medium-sized businesses, such as bedding company, Epitex, boutique home fragrance studio, Hush Candle, and consumer electronic brand, PRISM+, and more. Prime members can also enjoy fast shipping on eligible products to arrive in time for the upcoming holiday celebrations.
Celebrate Black Friday at the Amazon.sg House
For the first time ever in Singapore, Amazon Singapore will be bringing Black Friday celebrations to members of the public through an engaging event showcase at Suntec City Mall, Atrium (Convention Centre) from 24 to 28 November.
The Amazon.sg Housewill allow visitors to experience and celebrate the joy Amazon Singapore brings to the holiday shopping experience. From trying out the latest Nintendo Switch games at the gaming room, exploring beauty, health, and personal care at the beauty room, or grabbing a marker and letting your creativity run free at the at the coloring wall and LEGO station – there will be something for everyone to enjoy along with the preview of the wide range of deals and items available during Amazon.sg’s Black Friday sales.
In addition, Amazon Singapore is partnering with Huggs Coffee this Black Friday and will be providing free coffee at the Amazon.sg House. More details below.
Black Friday Top Deals Preview Below is a sneak peek of the top deals available during Amazon Singapore’s Black Friday event, from November 25 through November 28, while supplies last. Specific product deals can be found below.
In support of local brands and small businesses, Amazon Singapore will also be featuring special Black Friday promotions from brands such as Hush Candles, Epitex, PRISM+ and more. Enjoy discounts up to 40% on:
Hush Candle products including Hush Candle Holiday Collection and Trio Candle Festive Bundle
PRISM+ Q55-QE | 55″ 4K Android TV Quantum Edition
Epitex Luxurious Hotel Collection 100% Egyptian Cotton, 1200 Thread Count Bed set, With Pillow
Table Matters Assorted Bowls, Plates and Dinnerware Sets
Coco Republic Original Coconut Water, 24 x 330ml
New Moon Bird’s Nest with White Fungus Rock Sugar, 6 x 150g
SoundPEATS TrueAir2 Wireless Earbuds Bluetooth V5.2 Earphones
Renpho Foot Massager
Breo Foot Massager with Heat and Deep Kneading Rolling Therapy Massage with Air Compression
More Ways to Save this Season
Holiday Gift Guides: Customers are looking for more ways to save this season than ever before. To help customers get through their gifting list, Amazon’s gift guides have something for everyone, no matter your budget at http://www.amazon.sg/christmas.
Partnership with PS Cafe and Huggs: Treat yourselves with sweet deals and treats from our partners:
PS Café
$10 off $80 Amazon.sg voucher with every $100 spend in PS Café
First 400 Prime members get free blackout cake with a min. spend of $100 in-store, on the 25 Nov (Black Friday) only.
Huggs
Amazon.sg voucher (in the form of a scratch card) will be given to customers when they make a purchase at participating Huggs outlets (19 outlets) valid from 10-28th Nov, while stocks last
Amazon Singapore is partnering with Huggs for Amazon.sg House, happening Suntec City Mall, Atrium (Convention Centre) from 24-28 November. First 300 customers can enjoy free coffee from Huggs
Amazon Vouchers:Discover more ways to save with Amazon Vouchers. Find discounts on everyday essentials, as well as gifts, electronics, beauty, toys, and more. Simply clip the voucher and the discount will be applied at checkout. Explore the most popular vouchers on amazon.sg/vouchers.
Amazon.sg eGift Cards offer a simple and convenient gifting experience. Consumers can shop for Gift Cards at amazon.sg/giftcard and check out the latest holiday designs at amazon.sg/xmasgiftcard
From 25-28 Nov, get S$10 bonus with purchase of S$100 Amazon.sg eGift Card
Bank Promotions with Amazon.sg e-Gift Cards: Enjoy greater savings when shopping at Amazon.sg.
From 25-28 November, get up to S$10 Amazon.sg Gift Card when you spend on your DBS, Citi, HSBC, Maybank, OCBC or UOB cards. The Amazon.sg Gift Card will be added to your Amazon account for use on a future purchase, while stocks last. Please visit amazon.sg/bankpromotions for more information, T&Cs and minimum spend apply.
*Terms and Conditions apply to all deals and promotions listed above.
Delivering Smiles to children during holidays in Singapore In the spirit of giving during the holidays, Amazon is also ramping up support for underprivileged children in Singapore via local non-profit organizations (NPOs) that are part of the Amazon x Shop for Good wishlist initiative.
Arc Children’s Centre, Blessings in a Bag, SHINE Children and Youth Services, and Singapore Children’s Society will receive S$25,000 each in cash to help vulnerable children and youths in Singapore better learn, play, and develop in the long term. With Amazon’s donation, 25,000 children in Singapore, aged between three and 21 years in Singapore will get greater access to better and more enrichment activities, meals, and medical care, among help with other needs.
As people shop on Amazon.sg for holiday gifts or everyday essentials, they can directly support the causes closest to their hearts by browsing the wishlists of items requested by NPOs – a depository of items they need the most. As of today, 16 NPOs in Singapore are part of the Amazon x Shop for Good wishlistinitiative.
Fast, Free & Convenient Delivery Options
Unlimited Free Local and International Delivery: This holiday season, non-Prime customers can enjoy free local delivery and international delivery with S$40 minimum spend on eligible orders shipped by Amazon SG. Prime members can enjoy unlimited free local and international delivery on eligible orders with no minimum spend. Terms and conditions apply.
Ultrafast & Free Grocery Delivery:In addition to tens of thousands of groceries and local favourites, Prime members in Singapore can find toys, gifts, household products, and everyday essentials, electronics, and more available on Amazon Fresh & Fast, all with free, two-hour scheduled delivery with a min. spend of S$60.
Every Day Made Better with Amazon Prime
Amazon Prime was designed to make your life better every single day. Over 200 million paid members around the world enjoy the many benefits of Prime, including the best of shopping and entertainment. In Singapore, Prime membership includes unlimited access to award-winning movies and TV episodes with Prime Video, unlimited access to video game benefits with Prime Gaming, Prime Day, and more. Prime was built on the foundation of unlimited fast, free shipping. Prime members enjoy access to tens of thousands of items available for free two-hour delivery on Amazon Fresh & Fast on orders over S$60, as well as free one-day delivery on domestic Prime eligible selection on Amazon.sg. Prime is S$2.99 per month. Start a 30-day free trial of Prime at amazon.sg/prime.
Hashtag: #Amazon
About Amazon
Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth’s Most Customer-Centric Company, Earth’s Best Employer, and Earth’s Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit Amazon.sg.