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Gyeongbuk Korean Food Products Conclude Successful B2B Business Matching and Mall Roadshow 2024


KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 6 December 2024 – The “Korea Gyeong Buk Premium Food Promotion 2024” hosted by the Gyeongbuk Maeil Newspaper and sponsored by 14 local governments of GyeongSangbuk-do has successfully concluded 2 meaningful events highlighting its specialities and global potential of Gyeong Buk products. The events which feature 20 Korean F&B Companies was held from November 25th to 28th , which included a B2B Business Matching Event and a roadshow both met with positive feedback and public participation.

Korea Gyeongbuk delegation together with Malaysia companies during the B2B matching event opening ceremony.
Korea Gyeongbuk delegation together with Malaysia companies during the B2B matching event opening ceremony.

The first event which is the “Korea Gyeong Book Roadshow” was conducted on the 25th until 28th at a popular shopping mall, MYTOWN. This public roadshow allows the visitors to experience the wide array of Gyeong Book products from fresh agricultural products to Korean cooking essential ingredients. The roadshow featured fresh agricultural products such as shine muscat, apples and cabbage. A side from that there were also other products such as the rice cake, variety of sauces, soju, ginseng and dried sweet persimmons.

Concurrently “Korea Gyeong Buk B2B Matching Event” was held on the November 27th at Pullman Hotel, Kuala Lumpur. This matching event provides a good platform for the Korean companies to present their products specialties and engage with major players in Malaysia market. It also allows both Malaysia and Korean companies to create valuable connection and explore business opportunities together. A total of 64 meetings were conducted between the 20 Korean companies and 10 major players from Malaysia. Of these, 5 Memorandums of Understanding (MOU) were signed on site signalling a promising future debut of this product in Malaysia.

At the event, aT (Korea Agro-Fisheries and Food Trade Corporation) Kuala Lumpur Managing Director Chang Chung-ho attended and provided various export support consulting services that could be helpful in pioneering the Malaysian market.

Choi Yoon-Chae, CEo of Gyeongbuk Maeil Newspaper, said “Through effective export consultations and various promotional activities, we were able to give Gyeongbuk’s excellent agricultural products the green light to establish a bridgehead for pioneering the Malaysian market”.
Hashtag: #KoreaGyeongBukPremiumFoodPromotion2024

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

About PDS Consulting Sdn Bhd

PDS Consulting Sdn. Bhd is a company specializing in trading, consulting, B2B business matching and facilitating business connections for Korean enterprises. Currently our location is Ampang, Selangor, Malaysia.

Here is our contact number: +603 4252 9431. Consulting about any trade inquiry in Malaysia, knock PDS Consulting Sdn Bhd.

Phoenix Go Glocal! Phoenix TV launches Premier International Communication Platform for Going Global


JAKARTA, INDONESIA – Media OutReach Newswire – 6 December 2024 – The international event brand “Phoenix Go Glocal” owned by Phoenix TV Group is officially launched during the 19th ASEAN Marketing Summit, in Jakarta, Indonesia on December 5, 2024. It is the largest marketing summit of ASEAN, attracting nearly 5,000 government officials, entrepreneurs, experts and platforms this year.

Leveraging international communication advantages, Phoenix TV is a premiere international communication platform for enterprises going global. In the opening ceremony of the 19th ASEAN Marketing Summit, Yeung Ka Keung, Executive Vice President and CFO of Phoenix Television, announces the official launch of “Phoenix Go Glocal” ! This initiative is to offer global development support through international media services for both Chinese and international companies, blending the global with the local, helping more Chinese businesses expand abroad, and supporting more international companies in coming to China.

Phoenix TV Group and Kotler Marketing Group sign a strategic cooperation agreement, aiming to make full use of the strengths of two sides to support enterprises in their international development.

“Phoenix Go Glocal” debuts with “Enterprise Global Development Forum”, jointly organised by Kotler Marketing Group and Phoenix TV Group, with Yongyou Network and Creality as strategic partner, in the afternoon of December 5 at main venue of the 19th ASEAN Marketing Summit.

China has been the top trading partner of ASEAN for 15 consecutive years, and Indonesia, as the largest economy in ASEAN and the fourth largest country in the world in terms of population, is the first choice of a number of Chinese enterprises to go global. The forum aims to explore the opportunities and challenges of Chinese enterprises in the process of globalization, and focus on how to better take root in the Indonesian market.

Yeung Ka Keung, Cao Hu, Global Partner and CEO for Greater China and Singapore at Kotler Marketing Group, Hermawan Kartajaya, Founder and Chairman of MCorp, and Sachin Gopalan, Founder of Indonesia Economic Forum deliver opening speeches respectively in the forum to further elaborate on the importance of strengthening Sino-Indonesian economic and trade cooperation in the context of globalization.

“We are the architects of platforms and providers of services, empowering the global growth of enterprises with our support and resources. We believe that through Phoenix’s global communication, the Phoenix Go Glocal platform, as well as our international marketing services, our enterprise partners will better understand and integrate into the global market, and better face the unknown and mitigate risks.” Yeung Ka Keung said in opening remarks.

Cao Hu said:”Kotler Marketing Group and Phoenix TV Group are committed to helping Chinese enterprises to go global through overall empowerment from strategy to media. I hope this forum will drive the heat and depth of Chinese enterprises going overseas to ASEAN countries, exchanging experience, disseminating best practices, and acquiring business opportunities! ”

In the keynote session, Chen Qiangbing, President of Yongyou Network, a leading provider of digital software and services, mentions in his speech that China’s new generation of enterprise software has reached the international leading level. Association of Fundamental Computing Education in Chinese Universities, Digital Games and E-sports Professional Committee, discusses “The Power of the eSports Ecosystem: New Growth Engine in Southeast Asian Markets”, focusing on the development trends and opportunities in the global E-sports industry. Liu Ling, OPPO Global Chief Brand Officer, also shares overseas strategies and experience of OPPO.

In a roundtable discussion, guests including Alen Wang, Executive Vice Secretary General of China Chamber of Commerce in Indonesia, Director of PT China Telecom Indonesia, Ethan Wu, CEO of PT Gree Electric Appliances Indonesia, Xu Longhua, Founder & CEO of PT WOOK Global Technology, Zhang Xiangyu, Founder & CEO of Shenzhen Yunyi Intelligent Network Co., Ltd. and Kelvin Chia, Vice President of PT Bank UOB Indonesia, engage in an in-depth discussion on topics as “How to gain foothold in Indonesia” and related, providing insights and ideas for Chinese enterprises going to Southeast Asia through case studies. CHENG Ching Mon. Libera, Director-General, Jakarta ETO of HKSAR Government, also presents the forum.

With 63 correspondent stations across the globe, Phoenix TV shares absolute advantages on universal presence, global coverage, and international communication! “Phoenix Go Glocal” is committed to serving the core needs of enterprises and industries, and helping Chinese enterprises to build world-class strategic marketing capabilities and brand influence.

https://www.youtube.com/watch?v=EUuUrfuAe9E
Hashtag: #phoenixtv

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

Founders Metals Hits 23.0 metres of 5.00 g/t Gold at Froyo & Extends Zone by 180 metres


Vancouver, British Columbia–(Newsfile Corp. – December 5, 2024) – Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) (“Founders” or the “Company”) announces drill core assay results from the Antino Gold Project (“Antino” or “Project”) in southeastern Suriname. The Company reports high-grade gold mineralization including 23.0 metres (m) of 5.00 grams per tonne (g/t) gold (Au) at the Froyo Gold Zone (“Froyo” or “Zone”). Additional drilling extends gold mineralization at Froyo by 180 m. The Company has completed more than 40,000 m this year and expects to meet its 45,000 m goal by the end of the year.

Drilling Highlights

Exploration Highlights

Founders’ President and CEO, Colin Padget commented, “Drill hole 24FR090 represents the 22nd interval at Upper Antino exceeding 100 gram-metre per tonne**, reaffirming the deposit’s exceptional grade profile. The continuous growth at Upper Antino over the last 12 months has been a key de-risking step for the project, and when combined with the numerous new discoveries and impressive gold intercepts at Lower Antino and Buese, emphasizes Antino’s potential to develop into a Tier 1 asset. Moving forward into 2025, we are continuing with our strategy of unlocking value through aggressive exploration, new discoveries, and the continued expansion of known gold mineralization at Antino. On this note, we are particularly excited about the new discovery potential that the Lawa and Da Vinci target areas represent.”

Froyo Discussion

Drillholes 24FR090 and 24FR092 expand broad, high-grade gold mineralization northward at Froyo (Figure 2). These results continue to validate the exploration strategy of focusing on the sheared limbs of a regional-scale fold at Upper Antino, where a series parallel gold-bearing shear zones have been identified. Froyo now has a drill-defined strike length of ~1.6 km and an ~300 m wide mineralized footprint. To date drilling extends gold mineralization to a depth of 275 m and the system remains open in all directions. The deepest drilling at Froyo has delivered some of the broadest, highest-grade intercepts to date.

There is evidence of a repeating series of high-grade shoots within the broader mineralizing system. Analogous gold deposits in similar Guiana Shield stratigraphy host similar deep-rooted structures with gold mineralization extending to over 1000 m depth. Current drilling efforts at Upper Antino are focused on along-strike expansion of shallow, high-grade gold mineralization to the north and south. Future work will include systematic step-out drilling to target additional opportunity for further growth at depth. Figure 3 illustrates drilling progress and expanding gold mineralization along and across strike at Upper Antino over the last 18 months, including the identification of high-grade subparallel hanging wall shear zones. Additionally, a new high-grade shear zone-hosted discovery was made at Donut more than 900 m from Founders’ earliest work on Froyo.

Lawa North and Lawa South Targets

The road-accessible Lawa exploration targets are ~12 km east of Upper Antino (Figure 1). Founders’ geologists first visited the area to investigate recent artisanal mining activity and quickly identified two NNW-trending shear zones coincident with km-scale tonalitic intrusive bodies. Recent dry-season river bedrock mapping along the property’s northeastern margin identified multiple gold-bearing shear zones up to 75 m wide that connect with the structure at Lawa North, giving the target an 8 km long mineralized strike length. The Lawa South shear zone extends over 5 km. Early work indicates property-scale, gold-bearing structures with similar tonalitic intrusive-hosted gold mineralization as the Donut, Lower Antino, and Buese targets. Ongoing surface exploration includes >1 km of trenching, 550+ auger samples, channel sampling, and geological mapping. An initial drill program for Lawa is anticipated for H1 2025.

Da Vinci Target

The Da Vinci target, identified by onsite technical staff and prioritized due to its geological similarities to the gold-rich Froyo area, underwent initial mapping before Founders redirected a drill from nearby Buese for exploratory drilling (Figure 1). The promising early visual results at Da Vinci have led to the decision to keep the drill there through the year’s end. Meanwhile, Buese remains a focus-Founders will deploy its fourth diamond drill there in January to continue advancing the second phase of drilling. The Company anticipates releasing the pending Da Vinci drill results by the end of 2024.

Figure 1: Property Scale Plan Map

Figure 1: Property Scale Plan Map

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7574/232642_ec95d7fd64a5a963_001full.jpg

Figure 2: Upper Antino Plan Map

Figure 2: Upper Antino Plan Map

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7574/232642_ec95d7fd64a5a963_002full.jpg

Figure 3: Upper Antino Timelapse from December 2023 to December 2024

Figure 3: Upper Antino Timelapse from December 2023 to December 2024

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7574/232642_ec95d7fd64a5a963_003full.jpg

Table 1: High-grade Intervals at Upper Antino >100 gram-metre per tonne**

Hole ID From
(m)
To
(m)
Core Length*
(m)
Au
(g/t)
Gram-Metre per Tonne (gm/t)**
24FR090 254.00 277.00 23.00 5.00 114.70
24FR074 62.00 108.00 46.00 5.31 244.34
24FR067 280.00 304.00 24.00 5.06 121.55
24FR054 150.00 163.00 13.00 11.02 143.30
24FR049 44.00 70.00 26.00 5.52 143.52
24FR048 63.00 78.00 15.00 8.18 122.70
23FR044 56.00 82.00 26.00 4.86 126.36
23FR041 52.70 67.20 14.50 16.26 235.77
23FR038 77.00 90.00 13.00 14.03 182.39
23FR036 134.00 144.00 10.00 24.46 244.60
23FR030 182.00 208.00 26.00 6.35 165.10
23FR026 29.00 32.00 3.00 99.51 298.53
23FR025 222.00 267.79 45.79 4.06 185.91
23FR014 63.50 79.00 15.50 30.72 476.16
23FR011 76.00 89.00 13.00 8.75 113.75
23FR009 83.00 92.00 9.00 11.10 99.90
23FR007 47.50 54.95 7.45 15.22 113.39
23FR003 55.00 67.00 12.00 19.22 230.64
24GG004 149.00 187.00 38.00 10.90 414.02
23GG001 125.00 134.00 9.00 22.84 205.56
23GG001 152.00 158.00 6.00 94.69 568.14
24DO007 196.00 215.00 19.00 14.23 270.37

*Intervals are estimated to represent 85% or more of true width, based on current drill data
**Gram-metre per tonne calculated as core length in metres multiplied by g/t Au value

Table 2: Assay Results

Hole ID From (m) To (m) Core Length* (m) Au (g/t)
24FR095 117.00 125.00 8.00 2.08
24FR093 33.60 50.10 16.50 2.83
24FR092 0.00 14.10 14.10 0.31
and 301.00 305.00 4.00 15.34
24FR091 71.00 74.00 3.00 1.27
24FR090 101.00 105.00 4.00 3.43
and 254.00 277.00 23.00 5.00
24FR089 303.00 308.00 5.00 2.21
24FR088 258.00 269.00 11.00 2.85
and 304.00 306.00 2.00 3.81
and 354.00 357.00 3.00 2.67
and 378.00 380.00 2.00 23.15
24FR087 248.00 256.00 8.00 1.04
and 363.00 375.00 12.00 2.34
24FR086 0.00 8.10 8.10 0.45
and 183.00 193.00 10.00 4.23
and 382.00 386.00 4.00 1.31
24EC003 48.60 56.10 7.50 4.87
24EC002 183.00 186.00 3.00 1.09
24EC001 166.00 174.00 8.00 0.39

*Intervals are estimated to represent 85% or more of true width, based on current drill data

Table 3: Drill Hole Locations

Hole ID Easting* (m) Northing* (m) Elevation (m) Azimuth (°) Dip (°) Depth (m)
24FR095 817065.1 401904.2 206.3 260 -50 401.1
24FR093 817018.0 401620.0 156.8 260.3 -45 263.1
24FR092 816906.0 401550.0 177.8 79.6 -55.4 329.0
24FR091 817076.3 401516.0 161.4 250 -45 221.1
24FR090 817076.3 401516.0 164.4 250 -69.7 293.0
24FR089 817237.5 401231.5 149.3 255 -45 377.0
24FR088 817306.6 401259.2 150.0 255 -45 419.1
24FR087 817268.5 401354.5 187.7 250 -50 452.1
24FR086 817199.5 401321.5 181.5 250 -50 401.2
24EC003 816810.0 401338.9 241.6 308.6 -50.3 289.9
24EC002 816811.7 401337.4 241.4 259.0 -58.2 337.8
24EC001 816904.5 401374.5 231.8 260.9 -57.1 301.1

*The coordinate reference system is WGS 84, UTM zone 21N (EPSG 32621)

About Founders Metals Inc.

Founders Metals is a Canadian-based exploration company focused on advancing the Antino Gold Project located in Suriname, South America, in the heart of the Guiana Shield. Antino is 20,000 hectares and has produced over 500,000 ounces of gold from surface and alluvial mining to date1. The Company will complete 45,000 metres of drilling in 2024 and is fully financed for up to 60,000 metres in 2025.

1 2022 Technical Report – Antino Project; Suriname, South America. K. Raffle, BSc, P. Geo & Rock Lefrançois, BSc, P.Geo.

Quality Assurance and Control

Results from samples were analyzed at FILAB Suriname, a Bureau Veritas Certified Laboratory in Paramaribo, Suriname (a commercial certified laboratory under ISO 9001:2015). Samples are crushed to 75% passing 2.35 mm screen, riffle split (700 g) and pulverized to 85% passing 88 µm. Samples were analyzed using a 50 g fire assay (50 g aliquot) with an Atomic Absorption (AA) finish. For samples that return assay values over 5.0 grams per tonne (g/t), another cut was taken from the original pulp and fire assayed with a gravimetric finish. Founders Metals inserts blanks and certified reference standards in the sample sequence for quality control. External QA-QC checks are performed at ALS Global Laboratories (Geochemistry Division) in Lima, Peru (an ISO/IEC 17025:2017 accredited facility). A secure chain of custody is maintained in transporting and storing of all samples. Drill intervals with visible gold are assayed using metallic screening. Rock chip samples from outcrop/bedrock are selective by nature and may not be representative of the mineralization hosted on the project.

Qualified Persons

The technical content of this news release has been reviewed and approved by Michael Dufresne, M.Sc., P.Geol., P.Geo., a qualified person as defined by National Instrument 43-101.

ON BEHALF OF THE BOARD OF DIRECTORS,

Per:Colin Padget

Colin Padget
President, Chief Executive Officer, and Director

Contact Information

Katie MacKenzie, Vice President, Corporate Development
Tel: 306 537 8903 | katiem@fdrmetals.com

Cautionary Statement Regarding Forward-Looking Information

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the use of proceeds from the Company’s recently completed financings and the future or prospects of the Company. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect “, “is expected “, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking statements are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market, and economic risks, uncertainties, and contingencies that may cause actual results, performance, or achievements to be materially different from those expressed or implied by forward-looking statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, other factors may cause results not to be as anticipated, estimated, or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Other factors which could materially affect such forward-looking information are described in the risk factors in the Company’s most recent annual management discussion and analysis. The Company does not undertake to update any forward-looking information except in accordance with applicable securities laws.

All material information on Founders Metals can be found at www.sedarplus.ca.

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

Energy Development Corporation Named Green Company of the Year at ACES Awards 2024


BANGKOK, THAILAND – Media OutReach Newswire – 6 December 2024 – The Philippines’ Energy Development Corporation (EDC), a global renewable energy leader, has been awarded the Green Company of the Year at the 2024 Asia Corporate Excellence & Sustainability (ACES) Awards. This prestigious accolade recognises EDC’s unwavering commitment to advancing the country’s renewable energy sector while championing biodiversity, forest restoration, and climate change mitigation.

Energy Development Corporation was proudly honoured as Asia's Green Company of the Year at the ACES Awards 2024. Representing EDC on stage were Abegail Gatdula, Watershed Management Officer (left center), Erwin Magallanes, Head of Corporate Relations (center), and Danilo Tolarba, AVP & Human Resource Head (right center). The award was presented by Luis Bueno Nieto, Advisor, ACES Council (left), Dr Jayanthi Desan, Advisor, ACES Council (2nd from left), Dr Shanggari Balakrishnan, President, ACES Awards (right), and Hemant Batra, Honorary Chairman, ACES Council (2nd from right). This recognition cements EDC’s leadership in sustainability and green innovation across Asia.
Energy Development Corporation was proudly honoured as Asia’s Green Company of the Year at the ACES Awards 2024. Representing EDC on stage were Abegail Gatdula, Watershed Management Officer (left center), Erwin Magallanes, Head of Corporate Relations (center), and Danilo Tolarba, AVP & Human Resource Head (right center). The award was presented by Luis Bueno Nieto, Advisor, ACES Council (left), Dr Jayanthi Desan, Advisor, ACES Council (2nd from left), Dr Shanggari Balakrishnan, President, ACES Awards (right), and Hemant Batra, Honorary Chairman, ACES Council (2nd from right). This recognition cements EDC’s leadership in sustainability and green innovation across Asia.

As the largest renewable energy producer in the Philippines, EDC is at the forefront of clean energy transformation. Central to its sustainability efforts is its BINHI programme, launched in 2008 to propagate endangered native tree species, rehabilitate degraded forests, and protect biodiversity. This flagship initiative embodies EDC’s long-term vision for ecological restoration and sustainable development.

Empowering Communities through Partnerships

EDC’s success stems from its strategic collaborations with local communities, farmers, and organisations. Working with 88 local farmer associations, EDC provides resources and training to manage nurseries, source seedlings, and protect forested areas near its geothermal plants.

One notable initiative is the Baslay Coffee Program in Negros Oriental, which supports former slash-and-burn farmers through sustainable agroforestry. By transitioning to eco-conscious coffee farming, these communities have gained stable livelihoods while safeguarding the environment. Similar programmes in Leyte and North Cotabato replicate this model, demonstrating EDC’s scalable approach to community engagement.

Global partnerships, including collaborations with the University of the Philippines Institute of Biology and BGCI’s Global Tree Assessment Program, further enhance BINHI’s impact on biodiversity conservation.

Leading in Regenerative Development

EDC’s sustainability philosophy extends beyond preservation to regenerative development. By restoring ecosystems and ensuring a net-positive environmental impact, EDC sets a benchmark for sustainable business practices. Its renewable energy portfolio—spanning geothermal, hydro, wind, and solar—plays a vital role in decarbonising the Philippines’ energy grid, avoiding nearly 6 million tonnes of CO₂ emissions annually. EDC’s geothermal plants, delivering 24/7 clean energy, are instrumental in reducing fossil fuel reliance.

Complementing its clean energy efforts, EDC’s watershed management programmes sequester more carbon than the company emits. In 2023, EDC’s forested areas absorbed 1.7 million tonnes of CO₂, surpassing its operational emissions of 1.1 million tonnes.

A Vision for a Regenerative Future

Looking ahead, EDC aims to expand its low-carbon energy portfolio to 9,000 MW by 2030, further reducing emissions and restoring ecosystems through BINHI and other initiatives. This vision reinforces EDC’s role in driving the Philippines’ transition to a regenerative, decarbonised future.

The ACES Green Company of the Year Award reflects EDC’s leadership in renewable energy and environmental regeneration. Shanggari B, President of the ACES Awards, states, “EDC’s vision of a regenerative future exemplifies how businesses can thrive while making a profound, positive impact on the planet.”

Hashtag: #EDC #EnergyDevelopmentCorporation #Philippines #Sustainability #GreenEnergy #ACESAwards2024 #ResponsibleBusiness #SustainableFuture

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

About Energy Development Corporation

Energy Development Corporation (EDC) is First Gen Corporation’s 100% Renewable Energy (RE) subsidiary with close to 1,500MW total installed capacity that accounts for almost 20% of the Philippine’s total installed RE capacity. Its 1,170MW geothermal portfolio comprises 80% of the country’s total installed geothermal capacity, making the Philippines the third largest geothermal producer in the world. First Gen is the Philippines’ leading clean energy company.

Inner Mongolia Embraces a New Era of Energy: Methanol Pioneers Innovation and Sustainable Development

HOHHOT, CHINA – Media OutReach Newswire – 5 December 2024 – Recently, the 2024 Green Methanol Energy Industry Development Forum and the Farizon New Energy Commercial Vehicle Methanol-Hydrogen Product Showcase were held in Hohhot, Inner Mongolia. These events have not only highlighted Inner Mongolia’s innovation and breakthroughs in the new energy sector but also outlined a clear path towards a greener future.

Methanol, recognized for its efficient combustion, clean emissions, and renewability, is seen as a “super fuel” that can address challenges to energy security and “carbon peaking and neutrality”. Driven by the global energy transition and China’s “carbon peaking and neutrality” goals, methanol is emerging as a star in the energy sector. China leads the world in renewable methanol production capacity, with 75% of new capacity expected to come from China by 2026.

As a resource-rich region in China, Inner Mongolia has both the advantage and the responsibility to develop a modern energy economy. The forum brought together international organizations, government departments, academicians, experts, key domestic and foreign enterprises, and relevant institutions to focus on the development of the green methanol industry and discuss ways to promote the high-quality development of new energy. Li Shufu, chairman of Geely Holding Group, pointed out at the forum that Inner Mongolia is adjusting its industrial structure and strengthening the important ecological security barrier in the north of China, laying a solid foundation for the development of methanol as a new quality productive force.

The series of methanol-hydrogen electric heavy-duty trucks, light trucks, mini trucks, and buses launched by Farizon at the forum are a microcosm of Inner Mongolia’s development of new energy commercial vehicles. These products not only cover scenarios such as trunk logistics, short-distance transportation, urban delivery, engineering vehicles, and urban public transportation, but also become the best solutions for new energy commercial vehicles in cold northern regions due to their excellent economy, environmental protection, applicability, and reliability. In particular, Farizon’s methanol-hydrogen electric heavy-duty truck named Homtruck has successfully completed an extreme mileage challenge of 1,522.9 kilometers from Wuwei, Gansu province to Turpan, Xinjiang Uygur Autonomous Region, using a tank of green methanol.

Furthermore, Inner Mongolia has made significant progress in green methanol production. The first phase of the Alashan 500,000-ton annual green methanol project, with an initial capacity of 100,000 tons, has officially kicked off. Utilizing Geely’s core green methanol production technology, the project synthesizes green methanol by coupling hydrogen produced from electrolyzed water with industrially captured carbon dioxide, achieving the recycling of carbon resources. The successful implementation of this project not only provides strong support for Inner Mongolia’s green transformation but also offers a best-practice example for the development of the methanol economy nationwide.

In terms of policy support, Inner Mongolia also demonstrates strong determination and action. According to the Finance Department of the Inner Mongolia Autonomous Region, in 2024, Inner Mongolia secured 4.699 billion yuan in central financial subsidies for renewable energy electricity prices, effectively supporting the increase in wind power, photovoltaic, and biomass power generation across the region and promoting the consumption of renewable energy. Additionally, the Finance Department of the Inner Mongolia Autonomous Region has allocated special funds for the development of key industries, industrial parks, and scientific and technological innovation to support the industrial transformation and upgrading and research projects in new energy, new materials, energy conservation, environmental protection and other fields.

Looking ahead, Inner Mongolia will continue to use new energy such as green methanol as a breakthrough to promote the high-quality development of the energy industry. Inner Mongolia will strive to optimize and upgrade its energy structure and achieve green and low-carbon development with measures such as building a green methanol system, promoting methanol-hydrogen electric commercial vehicles, and strengthening the development and application of green methanol production technologies.

Inner Mongolia’s innovation and breakthroughs in the new energy sector have not only injected new impetus into its own development but also provided valuable reference and inspirations for energy transition and sustainable development in China and worldwide. On the path of innovation and sustainability, Inner Mongolia is moving forward with confident strides.

Hashtag: #China #Mongolia

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

FEV and ProLogium develop high-performance vehicle battery


AACHEN, GERMANY – Newsaktuell – 5 December 2024 – Customer requirements for the evolution of electric cars are clearly defined: reduced weight at increased efficiency, higher range at shorter charging times and maximum safety. FEV, Germany’s innovation powerhouse for the automotive and energy industry, and ProLogium, global pioneer in developing advanced vehicle batteries, fulfill precisely these requirements with their new product.

FEV and ProLogium present the latest generation of their Large-Footprint Lithium Ceramic Battery (LLCB). Thanks to its lightweight design and increased energy density, it enables longer ranges and offers the option of ultra-fast charging, among other things.
FEV and ProLogium present the latest generation of their Large-Footprint Lithium Ceramic Battery (LLCB). Thanks to its lightweight design and increased energy density, it enables longer ranges and offers the option of ultra-fast charging, among other things.

All this is made possible by LLCB technology (Large-Footprint Lithium Ceramic Battery). With its anode of 100 per cent silicon this battery offers a 10-times higher capacity density compared to graphite anodes used today. Depending on the vehicle segment and intended use, the LLCB saves up to 300 kg or allows a maximum range of 1,000 km. The applied solid-state electrolyte is non-flammable and increases safety against thermal runaway. It also prevents potential short circuits caused by leaking electrolyte fluid in the event of a spill.

“For the LLCB solution, we have successfully combined ProLogium´s know-how in the field of cell development with our development, system and testing expertise,” said Dr. Thomas Hülshorst, Global Vice President Electric Powertrain at FEV. “Our collaboration on battery packs and concept designs focuses not only on regulatory standards, but also on market requirements. We even exceed these.”

The anode also enables ultra-fast charging, charging the battery from five to 60 per cent within five minutes. This allows the user an average range of 300 km. After further three minutes, the battery is charged to 80 per cent and can cover additional 100 km. In this way, the LLCB helps to bring charging times closer to the duration of a refueling process for vehicles with combustion engines.

At the Paris Motor Show 2024, FEV and ProLogium announced to continue their joint efforts for LLCB development in the future.

Read more: https://shorturl.at/9maEg

Hashtag: #FEV

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

OCBC Hong Kong celebrates the Festive Season with Customers and the Community

Consumer banking presents “Christmas Festival” to thank customers’ support


HONG KONG SAR – Media OutReach Newswire – 5 December 2024 – OCBC Bank (Hong Kong) Limited (“OCBC Hong Kong”) is celebrating the festive season with customers and the community with the popular homegrown heritage pandan cake from Singapore as a special gift to thank customers and the community for their continued trust and support.

In this “Christmas Festival”, OCBC management would like to express their gratitude to customers and the community with the popular homegrown heritage pandan cake from Singapore as a special gift. In the coming years, OCBC will continue to enhance its products and services to meet the different needs of customers in banking and beyond.
In this “Christmas Festival”, OCBC management would like to express their gratitude to customers and the community with the popular homegrown heritage pandan cake from Singapore as a special gift. In the coming years, OCBC will continue to enhance its products and services to meet the different needs of customers in banking and beyond.

OCBC’s integrated business in ASEAN and Greater China, coupled with the unique strategic twin-hub positioning in Singapore and Hong Kong, has enabled the Group to progress well in executing corporate strategies, especially in today’s volatile and complex financial landscape. OCBC Group has achieved record-high profits for two consecutive years, and a record net profit of SGD5.9 billion for the first nine months of this year. Among them, it is seen that OCBC premier banking customer has double-digit year-on-year growth in new customers acquisition and asset size in Hong Kong, where the total number of the offshore mainland China customers is doubled comparing to the previous year.

Mr Sunny Quek, Head of Global Consumer Financial Services of OCBC, said, “This renowned traditional brand of pandan cake has a long history of origin in Singapore, as does OCBC. As a token of appreciation to our customers, we are pleased to share with them and the wider community a unique taste of Singapore. We look forward to many more breakthroughs in consumer banking in Hong Kong.”

Mr Wang Ke, CEO of OCBC Hong Kong, said, “December is a festive season, through this appreciation event, I sincerely thank our customers for their trust and support. OCBC as the leading financial services partner in Asia, OCBC Hong Kong will continue to bring long-lasting value to our stakeholders with the cross-regional teams enabling people and communities to realise their aspirations.”

“Christmas Festival” will be held at the OCBC Hong Kong Head Office at 161 Queen’s Road Central from 6:00pm to 7:00pm on 12 December 2024 and from 12:30pm to 4:30pm on 13 December 2024. Limited boxes of the popular Singaporean brand pandan cakes will be distributed to customers (on a first come, first served basis, while stocks last; terms and conditions apply). Please contact OCBC branch or your relationship manager for details.

Hashtag: #OCBC

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

About OCBC

OCBC is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is one of the world’s most highly-rated banks, with Aa1 by Moody’s and AA- by both Fitch and S&P. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.

OCBC is the second largest financial services group in Southeast Asia by assets. The Group offers a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.

OCBC’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals. Its insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the leading asset management companies in Southeast Asia. Its brokerage subsidiary, OCBC Securities, is one of the leading securities firms in Singapore.

The Group’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has close to 420 branches and representative offices in 19 countries and regions.

For more information, please visit to learn more about OCBC Hong Kong.

Visa and FPT Corporation collaborate to advance government’s digital transformation in Vietnam


HANOI, VIETNAM – Media OutReach Newswire – 5 December 2024 – Visa, a global leader in digital payments, and FPT Corporation, Vietnam’s leading technology company, have signed a Memorandum of Understanding (MOU) to drive digital transformation and financial inclusion in Vietnam’s government sector. The collaboration aims to modernize government services and empower businesses, particularly small and medium-sized businesses (SMEs).

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Building on previous successful engagements, both parties will collaborate to understand the national e-marketplace for procurement initiative, increase SME participation, and strengthen payment infrastructure. Additionally, Visa and FPT will explore innovative solutions for digitalizing municipal services, such as exploring solutions to expand access to finance and equip SMEs with business credit cards for better cash flow management. This collaboration will foster ongoing cooperation and innovation in the public sector.

“This enhanced collaboration underscores our shared commitment to accelerating Vietnam’s digital transformation within the public sector and fostering greater financial inclusion,” said Ms. Dung Dang, Visa Country Manager of Vietnam and Laos. “By leveraging our combined expertise and technology, we aim to create a more efficient, transparent, and inclusive digital ecosystem for government services and businesses across Vietnam.”

“For more than three decades, FPT has been a pioneer in innovation, providing technology products and solutions that drive the development of businesses and society worldwide. The collaboration with Visa marks a significant milestone, enabling us to combine the expertise and experience of both parties to continue bringing technological advancement to advance digital transformation and cashless payment in Vietnam within the public sector, healthcare, education, social welfare, and so on. Thereby realizing FPT’s mission of fostering national prosperity through innovation and scientific & technological advancement,” said Mr. Vu Anh Tu, Chief Technology Officer of FPT Corporation.

Visa and FPT Corporation will leverage their resources to support project implementation and business expansion in Vietnam. This collaboration is a testament to Visa’s commitment to supporting the nation’s digital transformation and push towards a cashless society.

Hashtag: #Visa #FPTCorporation #VisaGovernmentSolutions #SME



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

About Visa

Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions, and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable, and secure payments network, enabling individuals, businesses, and economies to thrive. We believe economies that include everyone uplifts everyone everywhere and see access as foundational to the future of money movement. Learn more at .

About FPT Corporation

FPT Corporation (FPT) is a globally leading technology and IT service provider headquartered in Vietnam. FPT operates in three core sectors: Technology, Telecommunications, and Education. During over three decades of development, FPT has constantly provided practical and effective products to millions of people and tens of thousands of business and non-business organizations worldwide, establishing Vietnam’s position on the global tech map. Keeping up with the latest market trends and emerging technologies, FPT has developed the Made-by-FPT ecosystem of services, products, solutions, and platforms, which enables sustainable growth for organizations and businesses and offers distinctive experiences to customers.