33.8 C
Vientiane
Sunday, June 8, 2025
spot_img
Home Blog Page 2611

Casket Fairprice Trains A New Generation Of Embalmers For The Year 2022

SINGAPORE – Media OutReach – 14 January 2022 – The funeral industry is currently undergoing a revamp helmed by the National Environment Agency (NEA) in consultation with the Association of Funeral Directors (AFD) to improve the standards of funeral services in Singapore. Following a series of incidents within the industry that have highlighted questionable hygiene practices of some operators, new guidelines and tighter restrictions have been put in place, with the embalming process taking much of the spotlight.

Licensed funeral parlours with embalming facilities will now have to abide by stricter requirements. This includes mandating all embalmers working on the premises to be registered with NEA, attend a basic infection control course conducted by the National Centre for Infectious Diseases, and have carried out embalming procedures on at least 25 bodies in Singapore, under the supervision of a registered professional. In line with this development in the industry, a CaseTrust-accredited funeral service provider, Casket Fairprice, has utilised this momentum to further improve its in-house embalming facility and capability.

Casket Fairprice is dedicated to constantly improving its service quality and standard in order to provide a dignified and respectful journey for the departed. Its revamped embalming facility features a clean, brightly lit and serene environment for the departed to rest in and an industrial-grade air cleaner to ensure the safety and health of the team. Full privacy will be maintained during the embalming process through restricted access to the facility out of respect for the departed.

The embalming process entails more than just “make-up”. It is the art and science of preserving the body of the deceased for a certain period of time, and it is usually carried out to make the deceased suitable for casket-viewing during the wake ceremony. As such, in addition to revamping its embalming facilities, Casket Fairprice places great importance in assigning this “heart-work” to individuals who are committed to serving with passion, care and respect for the departed and their grieving families.

John Soh, the professionally certified in-house embalmer at Casket Fairprice who has more than 20 years of embalming experience under his belt, is currently guiding and mentoring the next generation of embalmers. The skills he has acquired through years of experience in embalming is being passed down to the new batch of embalming trainees. Walter Chan, who has completed his training, is now a newly minted assistant embalmer. Under John’s tutelage, Walter has become an NEA-certified embalmer and is continuously learning advanced embalming techniques from his mentor. There is never an end to the learning process in embalming, as there are always new insights and experiences to be gained throughout an embalmer’s career.

Through utmost care, respect and professionalism, Casket Fairprice strives to provide quality funeral service every family needs and deserves. This can be observed from its revamped embalming facility as well as its dedication in training a new generation of embalmers. This one-stop funeral services company believes that the new guidelines and requirements will help to improve industry standards and provide better quality funeral services for grieving families.

Visit https://casketfairprice.com/ for more information.

About Casket Fairprice:

Casket Fairprice is a reliable funeral service provider and undertaker in Singapore that has grown steadily since its establishment in 1993, to stand as one of Singapore’s leading funeral service groups. With well-equipped funeral parlours, professional funeral directors and other extensive casket services, Casket Fairprice is a one-stop solution to fulfil all of your funeral needs.  


#CasketFairprice

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

Poorer Countries Reject Covid-19 Vaccines Nearing Expiry

Vaccines arrive in Ghana

Poorer countries rejected over 100 million doses of Covid-19 vaccines distributed by the COVAX facility last month due to their nearing expiry dates, Reuters reports.

Mekong Countries Urged to Take Action as River Experiences Three Years of Low Flows

MRC: Mekong River Drops to Worrying Levels

The Mekong River Commission has called on Mekong countries to urgently discuss record low flows recorded over the last three years.

Everygolf: Key player to sharpen Vietnamese golf industry

HANOI, VIETNAM – Media OutReach –  14 January 2022 – Along with serious investments in setting up golf courses, acquiring world-class technologies, and assembling high qualified coaches, Everygolf expects to become a new breeze in the Viet Nam golf industry.



Board members of Everygolf at the Grand Opening event in Hanoi, Vietnam

Since the first ever-recorded golf course in the early 20th century, Viet Nam, especially in recent decades, has put substantial effort into accelerating the golf industry.

Currently, Viet Nam boasts 80 golf courses, with at least 44 new projects undergoing construction.

Viet Nam’s golf industry has been recognized with the highest growth rate in the world, generating nearly 100 million USD in yearly revenue, and up to 13% annual expansion of active golfers.

Despite the ongoing pandemic, Vietnamese conglomerates and governments progressively invest in large-scale projects to establish golf courses, acquire technologies, and assemble capable workforces.

To esteemed architects, especially to those who worked for projects in Viet Nam, the country’s magnificent landscape of mountains, lush forest, and long coastline are a “godsend.”

These divine advantages have inspired legendary designers including Sir Nick Faldo, Ernie Els, Greg Norman, Robert Trent Jones II, and Jack Nicklaus, whose world-renowned masterpieces have made Viet Nam an incredible golfing destination worldwide.

“As a highly-specialized business, Everygolf aims to gain the favors of international customers through the delicate blend of golf experience and Viet Nam’s rich culture and heritage,” said President of Everygolf Nguyen The Dai.

Vietnamese youth seeking their first swings have led to a steady uptrend of fresh golfers registering for a golf course each month.

The segment is forecast to grow in the near future, as playing golf becomes more affordable.

At present, golfers between 24 – 45 years old, who hold C-level titles or higher, and have above 1,000 USD of monthly earning account for the market majority.

The influx of next-generation golfers requires extensive adaptation and joint effort of enterprises across industries.

To accommodate the next era of golfing, a high-performance golf training company based in Hanoi, Viet Nam – Everygolf desires to be successful as a premium provider with combinations of world-class technology and expertise.

Everygolf offers state-of-the-art training facilities and coaching services for golfers of any caliber. The company provides fundamental education of the basics, skills, etiquette, and sportsmanship through professional training.

Everygolf employs high-tech provisions (Trackman, Foresight) and veteran TPI-certified coaches. Golfers can improve their game with real-time data followed by practical analysis, which supports their progression.

In the long-term, Everygolf is committed to Silk Path Hotel as a strategic partner in a 52 million USD construction project of Dong Trieu golf course in Quang Ninh Province.

“Seeing my country maturing into a wealthier and stronger nation, golf is now more accessible to people from different walks of life. As a proud Vietnamese who loves golf, I wish to sharpen the industry so every Vietnamese can approach, learn and enjoy this wonderful sport,” said CEO of Everygolf Jenny Nguyen.

The thriving Viet Nam golf industry offers abundant opportunities for multiple industries including sport, tourism, F&B, and hospitality.

A thorough exploration of competitive advantages and commercial potential would make Viet Nam an attractive and irresistible destination for international golfers.

#Everygolf

Laos-China Railway Allows Three-Day Advance Ticket Purchases

Passengers complain of long queues for the ticket office at Vientiane Station
Passengers complain of long queues for the ticket office at Vientiane Station (Photo: Malisa)

The Laos-China Railway has announced it will now allow passengers to purchase tickets up to three days in advance for trips on the Vientiane to Boten route.

Cushman & Wakefield Successfully Co-Sell Block 4, Yau Tong Industrial Building More Than 80% of Total Ownerships Sold at HK$580 Million

HONG KONG SAR – Media OutReach – 13 January 2022 – The world’s leading real estate services provider, Cushman & Wakefield, having been appointed by the landlord, has successfully co-sold to a buyer more than 80% of the total ownerships of Block 4, Yau Tong Industrial Building, at No. 18 – 20, Sze Shan Street, Yau Tong. The total purchase price was HK$580 million, equivalent to HK$4,100 per square foot. As more than 80% of the total ownerships of the building have been acquired, the buyer will now unify the property rights through a compulsory sale order prior to redeveloping the building.

 

The property is located in the Yau Tong integrated mix-use development area. Completed in 1979, it is currently a four-story industrial building. With around 41,800 square feet of site area, the lot has been designated as Residential (Group E). The buyer is expected to redevelop the property into a residential project, with some units enjoying sea views of Yau Tong Bay and Hong Kong East.

 

Cushman & Wakefield’s Associate Director of Capital Markets, Hong Kong, Alfred Kwan, commented, “Yau Tong is undergoing a transformation, with a number of new residential buildings completed, including Maya by Nouvelle, Peninsula East, and Ocean One. A residential site of over 40,000 square feet in Kowloon East, with sea views, is highly exceptional. The completion of this redevelopment project will accelerate Yau Tong’s metamorphosis into a high-end residential area.”

 

Please click here to download images.

About Cushman & Wakefield

Cushman & Wakefield is a leading global advisory services firm that delivers exceptional value for real estate occupiers and owners, with approximately 50,000 employees in over 400 offices and 60 countries. In Greater China, a network of 22 offices serves local markets across the region, earning recognition and winning multiple awards for industry-leading performance. The firm had global revenues of US$7.8 billion in 2020 across core services including valuation, consulting, project & development services, capital markets, project & occupier services, industrial & logistics, retail and others. To learn more, visit www.cushmanwakefield.com.hk or follow us on LinkedIn (https://www.linkedin.com/company/cushman-&-wakefield-greater-china).

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

Johnson Electric reports Business and Unaudited Financial Information for the Third Quarter of Financial Year 2021/22

HONG KONG SAR – Media OutReach – 13 January 2022 – This news release is made by Johnson Electric Holdings Limited (“Johnson Electric” or the “Company” and together with its subsidiaries, the “Group”) for the business operations and selected unaudited financial information of the Group for the nine months and quarter ended 31 December 2021.

 

The Board of Directors (the “Board”) of the Company considers the publication of quarterly sales performance updates to be consistent with international corporate disclosure best practice. The objective of this news release is to provide transparency and to ensure that investors and potential investors receive equal access to the same information at the same time.

 

The Group’s sales for the nine months ended 31 December 2021 were US$2,521 million compared to US$2,242 million for the same period in 2020, an increase of 12%. Excluding currency movements and an acquisition, sales increased by 9% to US$2,448 million. Foreign exchange rate movements had a positive effect of US$61 million on the Group’s sales during the period. This was mainly due to the stronger average exchange rates for the Chinese Renminbi, the Canadian Dollar and the Euro versus the US Dollar, comparing average exchange rates for the nine months ended 31 December 2021 to the same period last year.

 

The Group’s sales for the quarter ended 31 December 2021 were US$847 million compared to US$912 million for the same quarter in 2020, a decrease of 7%. Excluding currency effects and an acquisition, sales for the quarter ended 31 December 2021 decreased by US$71 million or 8%.

 

The acquisition of E. Zimmermann GmbH (“Zimmermann”), a specialist automotive machining business based in Germany, on 31 May 2021 added US$12 million to sales for the nine months ended 31 December 2021 and US$5 million to sales for the quarter ended 31 December 2021.

 

Sales of Automotive Products Group (“APG”)

 

APG’s sales for the nine months ended 31 December 2021 were US$1,923 million, an increase of US$196 million or 11% compared to the same period in 2020. Excluding the acquisition of Zimmermann and currency effects, APG’s sales increased by US$127 million or 7% for the nine months.

 

A significant part of this increase relates to the fact that in the period from late March to May 2020, much of Johnson Electric’s and its customers’ operations in Europe and the Americas were effectively shut down due to the COVID-19 pandemic. Although direct comparisons with the same period in the prior year are therefore somewhat difficult, APG’s organic sales growth of 7% represented a substantial outperformance, when compared to the decrease in global auto industry production of approximately 3% during the nine months from April to December 2021. The automotive sector has been severely disrupted by several supply chain bottlenecks over the period under review. Semiconductor and raw material shortages have caused major automotive OEMs to make frequent changes to production schedules, suspend production of selected vehicle models and temporarily close some of their factories entirely.

 

APG’s outperformance reflects the increasing demand for the electrification of critical automotive functions to support the growing number of battery-electric and hybrid vehicles, as well as the imperatives to reduce vehicle weight and to improve safety, reliability and comfort. Sales increased across most of APG’s product segments, with significant increases experienced in:

  • Closures, including sunroof, window-lift, power lift-gate, door-lock and other power closure systems
  • Thermal management, including electric water pump, cooling fan module, HVAC components, integrated thermal management and other electrified components for thermal management
  • Powder metal parts, especially parts for fuel cell applications
  • Power steering
  • Braking

APG’s sales for the quarter ended 31 December 2021 decreased by US$78 million or 11% compared to the same quarter in 2020. Excluding the acquisition of Zimmermann and currency effects, APG’s sales decreased by US$86 million or 12% in the quarter. In comparison, global auto industry production volumes decreased by approximately 17% over the same period. The industry’s production and sales activities in the quarter continued to be hampered by the supply chain bottlenecks mentioned previously. It should also be noted that APG’s sales in the same quarter in the prior year rebounded to remarkably high levels following the resumption of OEM customer production in Europe and the Americas after earlier COVID-19 related shut-downs.

 

When looked at on a regional basis, APG’s sales fared better than automotive industry production volumes in all regions in the nine months as well as the quarter ended 31 December 2021. The sales changes for APG by region, excluding currency effects and the acquisition of Zimmermann, were as follows:

 

 

Quarter ended
31 December 2021

Nine months ended
31 December 2021

Asia

decrease 4%

increase 3%

Europe

decrease 22%

increase 9%

Americas

decrease 12%

increase 11%

Total

decrease 12%

increase 7%

 

Sales of Industry Products Group (“IPG”)

 

IPG’s sales for the nine months ended 31 December 2021 were US$598 million, an increase of US$83 million or 16% compared to the same period in 2020. Excluding currency effects, IPG’s sales increased by US$79 million or 15% for the nine months.

 

The changes to consumer behaviour that emerged during the pandemic, including the rise in demand for “home-centric” products, remained a strong growth driver for many of the product applications served by IPG.  The division achieved significant growth in the lawn and garden, beverage, ventilation, heating, window automation and white goods segments due to a combination of program launches and new business wins, enlarged market share and increased market demand in the nine months ended 31 December 2021. This strong performance was achieved despite the disruptive impact of supply chain constraints, including shortages of semiconductors, and other materials and components, as well as disruptions to shipping schedules that held back production in some of IPG’s end-markets.

 

IPG also benefited from a rebound in sales to small and medium-sized enterprises, and to distributors, especially in Europe and the Americas. In the same period of the prior year, these customers had been severely impacted by the pandemic. Similarly, sales of products for commercial and industrial applications increased for the nine months ended 31 December 2021 compared to the reduced business levels experienced in the same period of the prior year.

 

IPG’s sales for the quarter ended 31 December 2021 increased by US$13 million or 7% compared to the same quarter in 2020. Excluding currency effects, IPG’s sales increased by US$14 million or 8% in the quarter.

 

On a regional basis, IPG experienced the strongest growth in Europe and the Americas as sales in the same period in the prior year were constrained by the impact of the COVID-19 pandemic. In Asia, sales growth in the nine months ended 31 December 2021 was more muted, as China’s industrial sector had already recovered before April 2020 and sales in the prior year’s quarter ended 31 December 2020 were especially high. The sales changes for IPG by region, excluding currency effects, were as follows:

 

 

Quarter ended
31 December 2021

Nine months ended
31 December 2021

Asia

decrease 14%

increase 3%

Europe

increase 36%

increase 27%

Americas

increase 13%

increase 19%

Total

increase 8%

increase 15%

 

Chairman’s Comments on Sales Performance and Outlook

 

Concerning the Group’s sales performance and outlook for the current financial year, the Chairman and Chief Executive, Dr. Patrick Shui-Chung Wang, said, “Johnson Electric has achieved a solid sales performance over the past nine months as the global economy remains on a recovery path from the crisis brought on by the COVID-19 pandemic.  We continue to win new business awards in both our Automotive and Industry divisions based on our compelling ability to serve global customers in every major geographic market and on a portfolio of innovative motion technology solutions that continue to generate strong customer demand.”

 

“However, the global supply disruptions and inflationary forces that depressed profitability in the first half of the year have persisted through the third quarter of the financial year and represent significant on-going headwinds for the business.  Management is engaged in a number of initiatives to mitigate these effects but, in the near-term, the above-mentioned inflationary forces are exerting significant pressure on operating margins.”

 

Cautionary Statement

 

Shareholders and potential investors in the Company are reminded that the information provided in this news release, including information related to the expected outlook for the full year, is based on the Group’s unaudited internal records and management accounts. This information has not been reviewed or audited by the Company’s auditors.

 

Shareholders and potential investors should exercise caution when dealing or investing in the shares of the Company.

 

About Johnson Electric Group

The Johnson Electric Group is a global leader in electric motors, actuators, motion subsystems and related electro-mechanical components. It serves a broad range of industries including Automotive, Smart Metering, Medical Devices, Business Equipment, Home Automation, Ventilation, White Goods, Power Tools, and Lawn & Garden Equipment. The Group is headquartered in Hong Kong and employs over 35,000 individuals in 22 countries worldwide. Johnson Electric Holdings Limited is listed on The Stock Exchange of Hong Kong Limited (Stock Code: 179). For further information, please visit: www.johnsonelectric.com.

#JohnsonElectricGroup

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

Oudomxay to Increase Electric Bus Fleet to Serve Tourists in Xay District

Electric Bus Oudomxay
Electric Bus Oudomxay

A company providing electric bus services plans to increase its fleet in Oudomxay to provide affordable transportation to tourists and visitors in Xay District.