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Gorilla and BroadSat Sign Partnership to Revolutionize the Future of Digital Connectivity

  • To deliver on Smart Connectivity and Cybersecurity solutions addressing critical needs in underserved communities.
  • To accelerate strategic growth across the $150 billion Smart Cities and cybersecurity markets in the United States and EMEA.

Seattle, Washington – Newsfile Corp. – November 25, 2024 – Gorilla Technology Group Inc. (NASDAQ: GRRR) (“Gorilla” or the “Company”) has signed a Letter of Intent (LOI) with BroadSat Technologies LLC, a Boston-based trailblazer in connectivity and innovation. This strategic partnership is set to drive transformative solutions in Smart Cities, AI Cybersecurity and Connectivity, as part of the Broadband Equity, Access, and Deployment (BEAD) Program.

This collaboration marks a significant milestone as Gorilla and BroadSat combine their expertise to advance critical digital initiatives in the United States and EMEA (Europe, Middle East and Africa). Together, the two companies will tackle smarter connectivity challenges, empower underserved communities and accelerate innovation in Smart Cities and broadband solutions.

Aby Alexander, President & CEO of BroadSat Technologies & Innovation Labs, added, “The Broadband Equity, Access, and Deployment (BEAD) Program, provides $42.45 billion to expand high-speed internet access by funding planning, infrastructure deployment and adoption programs in all 50 states. This collaboration brings together two forward-thinking companies united by a common purpose. By leveraging Gorilla’s cutting-edge technology and BroadSat’s expertise, we are poised to deliver transformative projects that redefine connectivity and elevate communities in key markets worldwide.”

Jay Chandan, Chairman and CEO of Gorilla Technology Group, remarked, “This partnership with BroadSat Technologies is a major step forward in our shared vision of transforming the digital landscape. With BroadSat’s exceptional leadership and market reach, we are not only advancing smart AI connectivity but also driving innovation across the U.S. and EMEA.”

William Addison, Vice President for Growth at Gorilla Technology, said, “BroadSat is the perfect partner to expand our footprint in the U.S. and EMEA. This partnership is a testament to the power of collaboration in addressing critical connectivity challenges while fostering meaningful, technology-driven solutions.”

This partnership underscores the commitment of Gorilla Technology and BroadSat Technologies to creating impactful projects that bridge the digital divide and deliver transformative solutions to communities globally.

About Gorilla Technology Group Inc.

Headquartered in London U.K., Gorilla is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology. We provide a wide range of solutions, including, Smart City, Network, Video, Security Convergence and IoT, across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education, by using AI and Deep Learning Technologies.

Our expertise lies in revolutionizing urban operations, bolstering security and enhancing resilience. We deliver pioneering products that harness the power of AI in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics and advanced cybersecurity technologies. By integrating these AI-driven technologies, we empower Smart Cities to enhance efficiency, safety and cybersecurity measures, ultimately improving the quality of life for residents.

For more information, please visit our website: Gorilla-Technology.com.

About BroadSat Technologies LLC

Headquartered in Boston, Massachusetts, BroadSat Technologies LLC is a leader in connectivity innovation, committed to bridging the digital divide and empowering communities through advanced broadband and technology solutions. With a mission to create equitable access to digital infrastructure, BroadSat focuses on transformative projects that enhance connectivity, drive economic growth and promote digital inclusion.

BroadSat specialises in delivering cutting-edge broadband solutions, including large-scale network deployments, rural connectivity initiatives and digital equity programs. By leveraging partnerships with industry leaders and integrating advanced technologies, BroadSat is at the forefront of enabling smarter, more connected communities across the United States and EMEA.

Forward-Looking Statements

This press release contains forward-looking statements, which are based on estimates, assumptions, and expectations. Actual results and performance could differ materially and adversely from those expressed or implied in forward-looking statements. Gorilla does not undertake any obligation to update any forward-looking statements, except as required by law.

Investor Relations Contact:

Dave Gentry
RedChip Companies, Inc.
1-407-644-4256
GRRR@redchip.com

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

About Gorilla Technology Group Inc.

The Hong Kong Institution of Engineers Launches its First-ever UNSDGs eBook

“Engineered for Sustainability: Hong Kong’s Contribution to United Nations Sustainable Development Goals” Showcasing over 40 Sustainable Engineering Projects

HONG KONG SAR – Media OutReach Newswire – 25 November 2024 – The Hong Kong Institution of Engineers (“HKIE”) launched an eBook, Engineered for Sustainability: Hong Kong’s Contribution to United Nations Sustainable Development Goals, which introduces Hong Kong engineering industry’s progress towards achieving the United Nations Sustainable Development Goals (UNSDGs). The eBook showcases over 40 iconic engineering projects, corresponding to 17 UNSDGs, in both the public and private sectors in Hong Kong over the years and provides insights into their distinctive features and advanced technologies from engineers’ perspectives. Through this informative publication, the HKIE hopes to deepen understanding of UNSDGs in the industry and wider society and inspire collaborative efforts and active participation from all stakeholders to support sustainable development.

Ir Eric MA, President (4th left), Ir Prof Frank CHAN, Vice President cum Advisor of the Working Group (3rd right), Ir Wilson KWOK, Chairman of the Working Group (3rd left), Ir Norman CHAN, Member of Working Group (2nd right), Ir Kelvin TANG, Member of Working Group (2nd left), Ir ZHOU Yan, Member of Working Group (1st right), and Ir Prof Alfred SIT, Chief Executive and Secretary (1st left) attended the launch of HKIE’s UNSDGs eBook Engineered for Sustainability: Hong Kong’s Contribution to United Nations Sustainable Development Goals.
Ir Eric MA, President (4th left), Ir Prof Frank CHAN, Vice President cum Advisor of the Working Group (3rd right), Ir Wilson KWOK, Chairman of the Working Group (3rd left), Ir Norman CHAN, Member of Working Group (2nd right), Ir Kelvin TANG, Member of Working Group (2nd left), Ir ZHOU Yan, Member of Working Group (1st right), and Ir Prof Alfred SIT, Chief Executive and Secretary (1st left) attended the launch of HKIE’s UNSDGs eBook Engineered for Sustainability: Hong Kong’s Contribution to United Nations Sustainable Development Goals.

HKIE President Ir Eric MA said, “The UNSDGs aim to promote prosperity while protecting the planet. Engineering plays a major role in achieving many of the UNSDGs. Through the launch of Engineered for Sustainability: Hong Kong’s Contribution to United Nations Sustainable Development Goals, we hope to strengthen understanding among members of the public as well as within the engineering sector of how various engineering disciplines can integrate environmental, social and economic considerations into their practices. The engineering industry is in a unique position to lead sustainable development through actively collaborating across the aspects of engineering design, construction, renovation, operation and reuse, using electronic control systems, IoT, promoting new industrialisation, autonomous vehicle technology, sustainable energy systems, etc.”
“Last week, Vice President Ir Prof Frank CHAN led a delegation to the UN Climate Change Conference – COP29, where he shared the efforts taken by Hong Kong’s engineering industry to address the challenges of climate change, including strengthening the resilience and sustainability of urban infrastructure. The HKIE will continue to champion sustainable development, including continued updates of the eBook and encouraging industry sharing of sustainable projects, empowering engineers to put UNSDGs into practice as part of our commitment to building a better and more sustainable future for the planet,” President MA added.

The International Engineering Alliance (IEA) resolved the proposed changes of IEA Graduate Attributes and Professional Competencies (GAPCs) to align with the UNSDGs in 2021. As a Member of IEA, the HKIE will review its Graduate Attributes for accrediting engineering programmes and its Competence Standards for admitting members to factor in the UNSDGs. The reviews are in the pipeline and the new HKIE Graduate Attributes and Competence Standards are planned for implementation in 2026/27.
In addition, the HKIE is currently holding a cover design competition for the publication, Engineered for Sustainability: Hong Kong’s Contribution to United Nations Sustainable Development Goals. The competition aims at encouraging members and the public to actively engage with the UNSDGs by participating in the creation of the eBook. The deadline for submission is 5:00pm on 31 December 2024. For details, please visit the website https://www.hkie.org.hk/zh-hant/news/event_detail/679/. The winning entry may become the cover of the future edition of this publication.

Please click here for the eBook Engineered for Sustainability: Hong Kong’s Contribution to United Nations Sustainable Development Goals

Appendix: Sustainable engineering projects in Hong Kong featured in Engineered for Sustainability: Hong Kong’s Contribution to United Nations Sustainable Development Goals

UNSDGs

Engineering Projects

SDG 1- No Poverty

  • Kong Ha Wai Transitional Housing
  • WEEE · PARK

SDG 2 – Zero Hunger

  • Farmunity

SDG 3 – Good Health and Well-being

  • The Henderson
  • City-Wide COVID-19 Sewage Surveillance
  • Solar & Gas Water Heating Dehumidification at H-Zentre

SDG 4 – Quality Education

  • Smart Power Services
  • Victoria Dockside
  • Innovation Student Awards

SDG 5 – Gender Equality

  • WomenLeaders@CW & Dream Girls
  • Women in Engineering Committee (WiE)

SDG 6 – Clean Water and Sanitation

  • Dry Wash Aircraft Cleaning Technique
  • O· PARK2
  • Total Water Management Strategy

SDG 7 – Affordable and Clean Energy

  • District Cooling System (DCS) at Kai Tak
  • Solar Panels on the Rooftops of Buses
  • Offshore Liquefied Natural Gas Terminal

SDG 8 – Decent Work and Economic Growth

  • The Three-Runway System
  • Development of the Northern Metropolis

SDG 9 – Industry, Innovation and Infrastructure

  • The Industrial Metaverse (IM)
  • E&M InnoPortal
  • Demonstration Project for Integrated AI Solution at ELEMENTS

SDG 10 – Reduced Inequalities

  • Universal Accessibility Programme
  • Concessionary Tariff Scheme & Barrier-free Facilities/Services

SDG 11 – Sustainable Cities and Communities

  • AIRSIDE
  • Redevelopment of Former State Theatre
  • San Tin Technopole
  • Free-flow Tolling System

SDG 12 – Responsible Consumption and Production

  • Water World Ocean Park
  • Hin Keng Station
  • Cross Bay Link

SDG 13 – Climate Action

  • Landslip Prevention And Mitigation Programme (LPMitP)
  • Anti-flooding Enhancement for Low-lying Substations

SDG 14 – Life Below Water

  • Discover Shui Hau
  • Tung Chung River Park
  • Acoustic Fish Deterrent System (AFDS)

SDG 15 – Life on Land

  • Taikoo Square
  • Long Valley Nature Centre (LVNP)
  • Biodiversity Survey for Habitat at Lamma Island

SDG 16 – Peace, Justice and Strong Institutions

  • Green Product Certification
  • S-Carbon Digital Management Platform

SDG 17 – Partnerships for the Goals

  • Green Performance Pledge Programme (GPP)
  • 11 SKIES
Jockey Club BEAM PLUS in Schools Project

Hashtag: #HKIE

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

Delta Dunia Group, Through BUMA International, Agrees to Acquire a Controlling Interest in the Dawson Coal Mining Complex

  • Delta Dunia Group, via its indirect subsidiary BUMA International [1], will expand its presence in the Bowen Basin in Queensland, through a US$455 [2] million proposed acquisition of a 51% interest in the Dawson Complex, one of Australia’s largest metallurgical coal mines.
  • The proposed acquisition further delivers on the Group’s multi-year strategic plan to diversify into a leading coal services provider and producer, leveraging its industry-leading capabilities.
  • The Dawson Complex has a production capacity of >8 million tonnes per annum (Mtpa) with established infrastructure and well-known products which receive strong demand from key steelmaking markets in Asia. The mine has Reserves to support a mine life of over 20 years, and a Resource life to support a mine life of over 50 years.
  • The proposed acquisition advances the Group’s strategy to diversify its portfolio and reduce its overall dependence on thermal coal.
  • The completion of the acquisition is contingent upon Peabody’s acquisition of the Dawson Complex, pre-emptive rights processes and customary regulatory conditions precedent, with targeted completion in 2025.

JAKARTA, INDONESIA – Media OutReach Newswire – 25 November 2024 – PT Delta Dunia Makmur Tbk (Delta Dunia Group, IDX: DOID), through its indirect subsidiary, PT Bukit Makmur Internasional (BUMA International), has entered into a binding agreement with Peabody Energy Corporation (Peabody), via its subsidiary, Peabody SMC Pty. Ltd., to acquire a 51% interest in the Dawson Complex (Dawson) for US$455 million, granting BUMA International a controlling interest in one of Australia’s largest metallurgical coal mines [3]. Dawson is a part of Anglo American’s Steelmaking Coal portfolio, which is being sold to Peabody pursuant to a separate sale agreement following a competitive sales process.

BUMA International will fund Peabody for the acquisition of Dawson and Peabody will transfer the Dawson Complex to BUMA International post-completion of its transaction with Anglo American, subject to completing the pre-emptive rights processes in respect of Dawson and other customary conditions. The agreements were executed on November 25, 2024.

The acquisition will be executed through a newly established entity in Australia. The completion of the acquisition is contingent upon meeting all conditions agreed upon by Peabody, and BUMA International, with a targeted completion in 2025.

Ronald Sutardja, President Director of Delta Dunia Group stated, “The acquisition of Dawson reinforces our position in the global metallurgical coal market and builds on our recent acquisition of Atlantic Carbon Group Inc. (ACG). This move further delivers on our multi-year strategic plan to diversify into a major coal services provider and producer, leveraging the Group’s industry-leading capabilities. The Dawson Complex will support our ambition to drive long-term growth and strengthen our role as a major industry player.

The acquisition will be funded by the Group’s cash reserves, a syndicated bank facility, and a guarantee facility for rehabilitation obligations. The acquisition consideration comprises of US$355 million upfront cash proceeds and US$100 million of cash payable over the period up to the fourth anniversary following transaction completion.

Large-Scale and Long-Life Metallurgical Coal Asset

BUMA International will, subject to completion Peabody’s acquisition of Dawson and the satisfaction of conditions, acquire a 51% participating interest in the Dawson Complex, located in Australia’s Bowen Basin, comprising the Dawson, Dawson South, Dawson South Exploration, and Theodore South joint ventures. The remaining 49% interest in the Dawson Complex is held by Mitsui Resources Pty. Ltd. (Mitsui). BUMA looks forward to working together with key stakeholders and the existing joint venture partner.

This high-volume operation produces premium metallurgical coal primarily for the steelmaking industry, supported by established infrastructure including a coal handling plant, conveyors, and ample port and rail capacity. Dawson’s high-quality product and long track record of production have fostered robust relationships with key Asian markets such as India and Japan. With a production capacity of >8 million tonnes per annum (Mtpa), confirmed Reserves supporting a projected operational lifespan of more than 20 years, and a Resource life to support a mine life of more than 50 years, Dawson positions BUMA among the world’s leading metallurgical coal producers.

This acquisition is aligned with the Delta Dunia Group’s strategy to diversify its portfolio and will further expand its revenue, commodity and geographical diversification. Additionally, it solidifies the Group’s long-term intention to grow in the metallurgical coal sector.

Agreements to ensure the smooth and continuous operation of the asset have been negotiated.

“With Dawson’s premium, long-life Reserves and Resources and strong customer base, we are well-positioned to create long term value for our stakeholders. Excited by the significant growth potential Dawson adds to our portfolio, we are committed to leveraging our operational expertise and dedication to excellence to fully realize its potential,” Ronald concluded.

Delta Dunia Group appointed Macquarie Capital (Australia) Limited as its financial advisor and Corrs Chambers Westgarth as its legal advisor in relation to the transaction.

***

[1] The transaction documents have been signed by PT Bukit Makmur Internasional, and allows Delta Dunia Group the flexibility to complete through another group entity.

[2] Acquisition consideration comprises of US$355 million upfront cash proceeds and US$100 million of cash payable over the period up to the fourth anniversary following transaction completion.

[3] Subject to Peabody’s acquisition of Dawson, certain pre-emptive rights, consents and regulatory approvals.
Hashtag: #DeltaDuniaGroup

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

About PT Delta Dunia Makmur Tbk (Delta Dunia Group)

Established in 1990, PT Delta Dunia Makmur Tbk (Delta Dunia Group) is a prominent holding company operating in Indonesia, Australia, and USA. Our principal subsidiary, PT Bukit Makmur Utama (BUMA), is a leading provider of mining services to some of the largest miners in Indonesia and Australia (through BUMA Australia Pty Ltd). In June 2024, through PT Bukit Makmur Internasional (BUMA International), it acquired Atlantic Carbon Group, Inc. (ACG) and became the leading producer of anthracite coal in the USA, further strengthening the Group’s global footprint in the mining industry.

In 2023, Delta Dunia Group expanded its portfolio with the addition of two new subsidiaries: PT Bukit Teknologi Digital (BTech), developing AI deep learning technologies to improve operational efficiency, reduce emissions, and minimize Occupational Health and Safety (OHS) operational risks and PT BISA Ruang Nuswantara (BIRU), a social enterprise dedicated to education, vocational schools, and fostering circular economy.

Listed on the Indonesia Stock Exchange (IDX Code: DOID), Delta Dunia Group is headquartered in Jakarta, Indonesia, and is supported by a workforce of over 16,000 employees across Indonesia, Australia, and USA. In June 2024, Delta Dunia Group was recognized among the Top 200 in the inaugural FORTUNE Southeast Asia 500 rankings, a prestigious list that identifies the region’s largest companies by revenue.

FBS Wins Outstanding Trading Education Asia 2024 Award


SINGAPORE – Media OutReach Newswire – 25 November 2024 – FBS, a leading global broker, celebrates winning the Outstanding Trading Education Asia 2024 award from CFI.co, a prestigious international publication. This award highlights FBS’s commitment to providing cutting-edge, accessible, and impactful trading education to traders of all experience levels across Asia and beyond.

FBS Wins Outstanding Trading Education Asia 2024 Award
FBS Wins Outstanding Trading Education Asia 2024 Award

Trading financial markets can be complex, but FBS is dedicated to making it easier and more effective for its clients. With a core belief in empowering traders through knowledge, FBS offers a variety of educational resources tailored to diverse trading needs. From the FBS Academy and interactive webinars to in-depth articles and daily market analysis, the broker ensures that traders are equipped to navigate the dynamic financial landscape confidently.

FBS’s educational initiatives stand out with resources like the Trader’s Blog, which provides practical insights, trading tips, and strategies designed to enhance the trading experience. The beginner’s course at FBS Academy, developed using client feedback and performance data, provides novice traders with a strong starting point. For seasoned professionals, FBS Academy delivers a wide range of advanced materials, equipping traders with everything needed for an efficient trading.

FBS’s innovative educational approach has earned the trust of traders worldwide. By listening to client feedback and staying ahead of market trends, the company has created a learning environment that caters to everyone — from newcomers looking for foundational knowledge to seasoned professionals seeking advanced strategies.

Key highlights of FBS’s educational offerings include:

  • Comprehensive courses designed by market experts for all experience levels.
  • Interactive webinars that allow traders to learn directly from industry professionals.
  • Market analytics and insights to help clients make informed decisions.
  • Dynamic training materials in the Trader Area, available anytime for convenience.

Disclaimer: FBS does not operate as a provider of officially licensed educational services. The activities of FBS Academy and other FBS educational initiatives are for informational and marketing purposes only, aimed at empowering clients with knowledge, building trust, and enhancing their overall experience with the brand.

Hashtag: #FBS #trading #forex





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

About FBS

FBS is a global brand that unites several independent brokerage companies under the licenses of FSC (Belize), CySEC (Cyprus), and ASIC (Australia). With 15 years of experience and over 90 international awards, FBS is steadily developing as one of the market’s most trusted brokers. Today, FBS serves over 27,000,000 traders and more than 700,000 partners around the globe.

Saudia Receives ‘Best Airline Cabin Crew’ at Business Traveler U.S. Awards 2024

Highlighting its Commitment to Exceptional Service and Saudi Hospitality

Jeddah, Saudi Arabia – Newsfile Corp. – November 25, 2024 – Saudia, the national flag carrier of Saudi Arabia, has announced that it has been awarded the prestigious Editorial Award for ‘Best Airline Cabin Crew’ at the Business Traveler U.S. Awards 2024, held in Miami, USA. This is the first time this award is being given, making the recognition even more significant. It highlights the exceptional hospitality and service delivered by our dedicated cabin crew, placing Saudia ahead of the industry in terms of cabin service excellence.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9108/231258_saudia_at_business_traveler_u_s_awards_2024.jpg

Mr. Rossen Dimitrov, Chief Guest Experience Officer at Saudia, said: “This award is a testament to the hard work and professionalism of our cabin crew in delivering world-class service. Saudia’s cabin crew exemplify the essence of Saudi hospitality and culture, embodying the warmth, generosity, and respect that are ingrained to the Kingdom. And this award does not only highlight our commitment to excellence but also aligns with Saudi Arabia’s Vision 2030, as we continue to bring the world to the Kingdom.”

The Business Traveler U.S. Awards recognize industry excellence, determined by a combination of editorial insights, industry benchmarks, and reader input. It is widely regarded as a benchmark for excellence in airlines, hotels, travel destinations, and related innovations.

Saudia is dedicated to continuous innovation and service enhancement, aiming to double its fleet of 144 aircraft to connect the Kingdom with over 100 global destinations. The national flag carrier offers exceptional air services, blending warm Saudi hospitality with diverse, multilingual in-flight entertainment to suit all guest preferences.

About Saudia:

Saudia (Saudia Airlines) is the national flag carrier of the Kingdom of Saudi Arabia. Established in 1945, the company has grown to become one of the Middle East’s largest airlines.

Saudia has invested significantly in upgrading its aircraft and currently operates one of the youngest fleet, with 144 aircraft. The airline serves an extensive global route network covering around 100 destinations across four continents, including all 28 domestic airports in Saudi Arabia.

A member of the International Air Transport Association (IATA) and the Arab Air Carriers Organization (AACO), Saudia has also been a member airline in SkyTeam, the second largest alliance, since 2012.

Saudia was recently awarded the “World Class Airline 2025” for the fourth consecutive year at The APEX Official Airline Ratings™ awards. Saudia has also advanced 11 places in the Skytrax airlines ranking of the World Best Airlines 2023. The Airline also ranked top among global airlines for best on-time performance (OTP) according to a report by Cirium.

For more information on Saudia, please visit www.saudia.com.

Media Center
Saudi Arabian Airlines Headquarters
Jeddah 21231, Kingdom of Saudi Arabia
Email: mediacenter@saudia.com

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

Superpowers Unleashed: FutureGEN Girls Leadership Summit 2024 Inspires 300+ Teen Girls to “Act for Their Futures”

In its third year, the FGG Summit became a member of 2024 youthfest@HK, empowering teen girls to identify strengths, embrace challenges as opportunities, and take bold action


HONG KONG SAR – Media OutReach Newswire – 25 November 2024 – The FutureGEN Girls Leadership Summit 2024 (the Summit), organized by the JYC Girls Impact Foundation (JYCGIF) and supported by the Home and Youth Affairs Bureau, Hang Seng Bank, CTF Education Group and 13 other organizations, took place on November 9, 2024, at the Hong Kong Palace Museum, drawing over 300 teen girls to discover their “superpowers” and take purposeful action to become the leaders of tomorrow.

Guest of Honor, Miss. Alice Mak, SBS, JP, Secretary for Home and Youth Affairs(right two), officiated at the Opening Ceremony of FutureGEN Girls Leadership Summit 2024 on November 9, 2024, alongside Mrs. Jennifer Yu Cheng, FutureGEN Girls Leadership Summit Organizing Committee Chairperson and CTF Education Group President and Deputy Vice Chairwoman(left two), and Ms. Diana Cesar, JP, Executive Director and Chief Executive, Hang Seng Bank(left one), and Ms. Jennifer Ma, Group Chief Strategy Officer, CTF Education Group(right one).
Guest of Honor, Miss. Alice Mak, SBS, JP, Secretary for Home and Youth Affairs(right two), officiated at the Opening Ceremony of FutureGEN Girls Leadership Summit 2024 on November 9, 2024, alongside Mrs. Jennifer Yu Cheng, FutureGEN Girls Leadership Summit Organizing Committee Chairperson and CTF Education Group President and Deputy Vice Chairwoman(left two), and Ms. Diana Cesar, JP, Executive Director and Chief Executive, Hang Seng Bank(left one), and Ms. Jennifer Ma, Group Chief Strategy Officer, CTF Education Group(right one).

Now in its third year, the Summit was recognized by the Youth Development Commission as an official partner event of the 2024 youthfest@HK, “engaging and helping the youth to develop their potential, enhance their knowledge, and share their experiences.” The Summit’s theme this year, “Find Your Superpower: Aspiring Future Leaders for Action,” encouraged teens to identify their unique gifts, face challenges head-on, and take proactive steps toward shaping their futures. In the past three years, JYCGIF has organized over 100 events, drawing more than 7,000 participants.

Miss. Alice Mak, SBS, JP, Secretary for Home and Youth Affairs, served as Summit Guest of Honor. Officiating at the Opening Ceremony, Ms. Mak said: “The new initiative in the Chief Executive’s 2024 Policy Address emphasizes women’s workplace development. The Home and Youth Affairs Bureau will establish a network with female leaders from various sectors and launch the ‘She Inspires’ mentorship program, pairing female university students with senior management mentors, and providing relevant training and activities to cultivate more ‘hold up half the sky’ talent, allowing women to shine in the workplace. Additionally, the Bureau has implemented several initiatives related to women in the past few months, including hosting the first Family and Women’s Development Summit on October 9 and launching a one-stop information portal for families and women earlier last month, which consolidates information on family education, women’s health, and shares relevant legal information.”

In her Keynote Speech, Ms. Diana Cesar, JP, Executive Director and Chief Executive of Hang Seng Bank, said, “I believe that unlimited potential lies within every individual, when we dare to explore and try new things, we’ll always gain something valuable along the way.” She also encouraged young people to seize every opportunity and live life to the fullest.

A Powerhouse of Inspiring Leaders

Meanwhile, the Summit’s Main Panel, “Superpower in Action: From Challenges to Leadership,” moderated by Ms. Secy Cheung, Founding Board Director, FutureGen Girls Foundation, brought together a powerhouse of women leaders and trailblazers, including: Ms. Janice Lee, CEO of Viu & PCCW Media Group and Chairman of HKTVE Ltd (Viu TV); Ms. Joanna Kwok, Chief Engineer at Anglo-Eastern Ship Management Ltd, the first woman in Hong Kong to pass the licensing exam for Chief Engineer Officer on oceangoing vessels; Ms. Donna Tang, Executive Manager, Charities (Talent & Sector Development), The Hong Kong Jockey Club and Deputy Secretary-General (Secretariat and Core Operations), Institute of Philanthropy; and Ms. Ho Yuen Kei, 2024 Paris Paralympic Games Double Gold Medalist and Boccia Athlete from Team Hong Kong, China. Each panelist shared her own personal journey, offering stories of resilience, growth, and determination, encouraging teen girls to embrace challenges, build confidence, and seize opportunities for the future.

The Summit also featured a “Future Readiness Lab”, designed to empower participants with digital and soft skills, as well as practical career advice for the future. Dr. Alfred Tse from Preface led a session on embracing AI, introducing participants to the vast potential of artificial intelligence to shape their futures. Ms. Gigi Li, Founder of the Curated Style conducted a workshop on how the “power of color” can boost confidence and enhance self-expression; and Professor Ava Kwong, Chairman, Hong Kong Hereditary Breast Cancer Family Registry, and Professor Terence Wong, Associate Professor and Undergraduate Coordinator, Department of Chemical and Biological Engineering, The Hong Kong University of Science and Technology, guided participants in a session on career flexibility and adaptability, offering strategies to navigate an ever-evolving professional landscape with agility and confidence.

At the Summit, the New Technology Interactive Zone offered a lively space for teen girls to connect with industry leaders and explore future-focused tech. Highlights included music, art, and robotics, featuring a performance by the Musical Chaos Foundation ambassador and a project from Dr. Roberto Alonso Trillo and Dr. Peter Nelson from Hong Kong Baptist University. The Metabow, a sensor-equipped violin bow, showcased tech-enhanced music. Illumina‘s DNA sequencing advancements were featured in the Biotechnology Showcase, while Prenetics provided hands-on biotech workshops and career insights.

The IdeaGO Ideathon Finale

The highlight of the day was the IdeaGO Ideathon Finale, where 5 teams of teen girls presented innovative solutions to societal challenges they had been working on for months! Before the audience and judging panel, teams presented their projects, which covered: Challenges and / or opportunities faced by women in society, Environment and sustainable living, Health and wellbeing, and Sports and Fitness. The winners took home awards for their innovative solutions:

The Champion Deeply Hidden (Cotton Spinners Association Secondary School): A Smart Compost Bin combines Arduino programming and 3D printing to efficiently process kitchen waste using earthworms.

1st Runner-up Eagle Eye (St. Paul’s Secondary School): BIRD is an automated drone that patrols wetlands, using AI to detect large machinery and lingering individuals. It triggers alarms and captures evidence while monitoring environmental conditions and increasing patrols in damaged areas.

2nd Runner-up WinnerThyme (Carmel Pak U Secondary School): “Move It” is a free fitness app designed to help users exercise correctly at home, featuring AI posture correction and rewards for low-income individuals. It will also support seniors with voice navigation in familiar dialects to encourage regular physical activity.

You are the future leaders, the ones who will help shape the Greater Bay Area into a global innovation hub; but leadership isn’t about having all the answers – it’s about having the courage to act, to take the first step, learn from your experiences, and keep moving forward no matter the obstacles,” Mrs. Jennifer Yu Cheng, FGG Summit Organizing Committee Chairperson and CTF Education Group President and Deputy Vice Chairwoman, told a packed audience of teen girls. “Today isn’t the end of your journey – it’s the beginning of a new chapter. When you leave here, I hope you carry with you the tools, the confidence, and the belief in your own abilities to continue discovering who you are, growing your skills, and leading with your superpowers!”

At the Closing Ceremony, the Summit organizer invited Ms. Secy Cheung, Founding Board Director, FutureGen Girls Foundation, to unveil the FutureGen Young Women Leaders Award, recognizing teen girls who have dedicated themselves to realizing their full potential through the development of future-ready skills and leadership experiences culminating in empowering accomplishments. The Award is organized by the FutureGen Girls Foundation, a charitable organization on a mission to inspire, equip, and educate girls with the essential skills to navigate life’s challenges and cultivate their unique strengths and talents; and empower teen girls and young women to become leaders who drive positive change in society. The Award currently has nearly 60 supporting organizations, including JYC Girls Impact Foundation, and an advisory group of over 30 leaders from 20 industries. On 1st November 2024, enrollment in the Award opened to all teen girls aged between 12-18 at the time of registration, studying at a school registered with the Education Bureau of HKSAR.
Hashtag: #JYCGIF #theSummit

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

About JYC Girls Impact Foundation

JYC Girls Impact Foundation (JYCGIF) is a charitable organisation founded to empower teen girls through education to become future ready, and to promote women’s development opportunities. Since its founding, JYCGIF has mobilised institutional and educational partners to lay the groundwork for a new talent pipeline of future ready leaders – teen girls empowered with the confidence and digital and leadership skills to lead in a rapidly changing world and workplace.

Education Ministry Reports School Dropout Rate Drops to 11.5 percent

Education Ministry Reports School Dropout Rate Drops to 11.5 percent
Phout Simmalavong, Minister of Education and Sports

During the 8th National Assembly session held from 21–24 November, Phout Simmalavong, Minister of Education and Sports, presented progress on the National Education System Reform Strategy.  

The country’s education system has seen progress over the past two decades, he said. From 2006 to 2010, the education system expanded with an increase in the number of schools and student enrollment across both the public and private sectors. The primary education completion rate improved from 44.2 percent in 2005–2006 to 57 percent by 2009–2010. Additionally, 35 model secondary schools were established, representing 9.3 percent of all secondary schools.

In the following phase (2010–2015), enrollment for children aged 3–5 increased from 21.1 percent to 43 percent. Dropout rates declined, with the primary school dropout rate falling to 5.2 percent and the secondary school rate to 11.5 percent. Vocational education also saw an increase, with student numbers rising from 53,925 to 62,669.

By the 8th Five-Year Plan (2016–2020), preschool enrollment for 5-year-olds rose from 70.9 percent to 82.7 percent, and primary school grade 5 enrollment reached 105.5 percent, while repetition rates dropped to 3.1 percent. Enrollment in lower secondary education improved slightly, and upper secondary enrollment increased from 42.7 percent to 54.8 percent. Gender parity also improved, with the index rising from 0.87 to 0.91.

However, these positive trends were disrupted by the onset of the COVID-19 pandemic in 2020. The dropout rate has worsened since then, as highlighted by the Ministry of Education and Sports (MOES). The number of students taking exams has declined significantly, with Grade 4 student exam participation dropping from 83,544 in 2022 to 76,322 in 2023, and further to 68,850 in 2024. Similarly, Grade 7 student numbers fell from 55,828 in 2022 to 50,276 in 2023 and 46,744 in 2024.  University enrollment rates also see a dramatic drop. In 2023, out of 49,000 high school graduates, only under 10,000 individuals pursued higher education. 

 

Design District Hong Kong (#ddHK) Creative Tourism Project Creative Journey · Infinite Discovery

Exploring the Unique Characteristics of Tsuen Wan and Sha Tau Kok and Presenting Hong Kong’s Diverse Tourism Experience


HONG KONG SAR – Media OutReach Newswire – 25 November 2024 – “Design District Hong Kong” (#ddHK) creative tourism project, organised by the Tourism Commission of Hong Kong, is set to return from 12 December 2024 to 14 February 2025, bringing visitors from around the world to explore the captivating neighbourhoods of Tsuen Wan and Sha Tau Kok. Curated by Number 2, a new #ddHK event themed “Creative Journey · Infinite Discovery” integrates creative elements with the local cultural, heritage and natural offerings, promoting cultural tourism, island hopping and eco-tourism in an innovative manner, embarking visitors on an in-depth exploration of Hong Kong in brand new ways.

#ddHK

Creative Units from Overseas, the Mainland and Hong Kong
Creative Works Adorning Historical Monument and the Nature

Continuing its mission to create brand new travel experiences through design and creativity, #ddHK will bring together a lineup of seven creative units from overseas, the Mainland and Hong Kong to enliven public space and innovatively highlight the charms and culture of Tsuen Wan and Sha Tau Kok through placemaking. In particular, #ddHK will install creative designs at a declared monument, a country park as well as on the sea, integrating tourism with design, cultural heritages and the natural scenery of Hong Kong. In addition, through crossovers with the cultural and creative hotspots, heritage sites, green destinations and local delicacies, an array of immersive visiting routes and brand new diverse experiences will be introduced to visitors. The collaborating creative units include animation artist Coolman Coffeedan (USA), interactive public art and design studio ENESS (Australia), multi-disciplinary artist En Iwamura (Japan), floral installation artist Kiki Ji (The Mainland), contemporary artist Louis To Wun (Hong Kong), artist and illustrator Vivian Ho (Hong Kong), and knot designer Zoe Siu (Hong Kong). (Please refer to Appendix 1 for brief biographies of the creative units.)

The seven sets of time-limited creative works crossing over with local attractions of the two neighbourhoods are briefly introduced as follows:

Animation artist Coolman Coffeedan (USA)
“Coolman x Tsuen Wan”

Coolman Coffeedan, at Sai Lau Kok Garden which is a focal point of the neighbourhood, re-creates stories about Tsuen Wan in the project “Coolman x Tsuen Wan.” The popular cartoon character, Spesh, leads his friends on their first journey to Tsuen Wan, exploring and experiencing the diversity and vibrancy of the neighbourhood.

Interactive public art and design studio ENESS (Australia)
“Cupid’s Koi Garden”

ENESS brings their “Cupid’s Koi Garden”, the world’s first inflatable fountain with bright patterning, interactive jets of water and a rich soundscape to Tsuen Wan Park. Interactive and immersive, Cupid and his koi squirt jets of water on unsuspecting passers-by whenever they stop to admire his beauty.

Floral installation artist Kiki Ji (The Mainland)
“Flowing Natural”

Inspired by the graceful flow of wind and water, as well as the fluttering of butterflies, the artist creates the “Flowing Natural” using traditional bamboo artistry fused with a modern take. It embodies fluid lines and movements blends itself seamlessly into the Shing Mun Country Park‘s landscape, representing a harmonious fusion of traditional craftsmanship and the beauty of nature.

Knot designer Zoe Siu (Hong Kong)
“Woven Dreams: Prayers of Modernity”

Inspired by the patterns of “caimen” at Sam Tung Uk Museum, a declared monument in Tsuen Wan, the designer combines wish-making tradition with contemporary auspicious themes. Employing the intricate weaving techniques of Hakka floral bands, the designer creates “Woven Dreams: Prayers of Modernity”, adorning this 200-year-old Hakka walled village. The reinterpretation showcases the charm of Hakka culture and intangible cultural heritage in a new light.

Multi-disciplinary artist En Iwamura (Japan)
“Interwoven Horizon”

“Interwoven Horizon” delves into the ties among the sea, mountains, geology, islands as well as the sun and the moon. This creative installation floats leisurely in the sea near Sha Tau Kok Pier, offering a blend of art and nature against the stunning backdrop of the natural landscape. The artist takes inspiration from the nature to outline the landscape and geological features near Sha Tau Kok, bringing out the natural colours.

Contemporary artist Louis To Wun (Hong Kong)
“The Auspicious Dance”

The artist combines traditional sculpting techniques with modern design structures, transforming Sha Tau Kok Square into a stage for dancing fishes. The dance moves and the waves mimicking the fluid and graceful movements of fishes, embodying harmony between humanity and nature. It honours the intricate relationship between the fishermen, their customs, and the sea.

Artist and illustrator Vivian Ho (Hong Kong)
“Stories on Wheels”

Located at the Sha Tau Kok Promenade Sitting-out Area, “Stories on Wheels” is an innovative installation designed to capture and celebrate the vibrant narratives and everyday experiences of the residents of Sha Tau Kok. Utilising train as artistic canvases, the artist aims to showcase the unique cultural history and community life of Sha Tau Kok through vibrant and colourful illustrations with multi-media immersive experience inside the carriage.

Vibrant and Diverse Activities Showcasing the Charm of Local Travel Experiences

In addition to injecting creative elements into the neighbourhoods, #ddHK has collaborated with different teams to curate a series of activities filled with local flavours for participants to further experience Tsuen Wan and Sha Tau Kok. In particular, various themed guided tours will be organised to introduce a diversity of in-depth visiting routes to cater for the interests of different participants. These include “Shing Mun Reservoir Healing Tour” for exploring the nature, “Hidden Gem Discovery Tour” at Sha Tau Kok for discovering the islands in the Northeast New Territories, “Tsuen Wan Art and Harbour Cycling Tour” combining sports and culture, and “Tsuen Wan Hidden Gem Cultural Walk” for exploring the fascinating stories and cultural insights behind unique landmarks. #ddHK will also offer eco-friendly creative workshops, authentic cultural handicraft experiences, interactive traditional dance, and more. Market festivals, themed “Into the Landscape: Eco-art Festival” and “Sha Tau Kok Seaside Weekend Market” will be held in Tsuen Wan and Sha Tau Kok respectively, featuring local delicacies, lifestyle essentials, local handmade goods as well as music and local cultural experiences. The first activity “Hidden Gem Discovery Tour – Ap Chau & Kat O” will be held on 14 December. More activities will be offered in the following weeks.

Through cross-sectoral collaboration, #ddHK will launch a number of collaborative activities with multiple parties. Specifically, in order to further develop the elements of Sha Tau Kok tourism and island-hopping tours in Yan Chau Tong, a seaside cultural space entitled “Joyful Reading‧Cultural Discovery @ Sha Tau Kok” will be set up in partnership with the Sha Tau Kok Public Library of the Leisure and Cultural Services Department offering titles on local history, travel, art and more; “In-Depth Exploration of Double Haven (Lai Chi Wo, Kat O, Ap Chau)” tours, with Sha Tau Kok as the starting point, will also be organised in partnership with the Agriculture, Fisheries and Conservation Department’s Hong Kong Geopark. In addition, “Countryside Harvest Festival: Kuk Po ‘Sound-Sight-Taste Fusion’ Tour,” organised by the Countryside Conservation Office of the Environment and Ecology Bureau, will also be held concurrently. They all aim to offer a more diverse experience of blue-green tourism for tourists and locals.

In order to facilitate the development of related tourism products by the tourism trade, the Tourism Commission, together with the Travel Industry Council of Hong Kong, has already held a briefing session for travel agents to introduce the event details and activities.

More details of the event and registration information will be announced on #ddHK website https://designdistrict.hk/en/. Both tourists and locals are welcome to enjoy Tsuen Wan and Sha Tau Kok in brand new ways and experience the charm of Hong Kong’s local culture. (Please refer to Appendix 2: Design District Hong Kong (#ddHK) – “Creative Journey · Infinite Discovery” Activities & Experience)

Design District Hong Kong (#ddHK) – “Creative Journey · Infinite Discovery”

Event Period: 12 December 2024 to 14 February 2025

Stay tuned for further information and event announcements:
Website: https://designdistrict.hk/en/

Facebook: www.facebook.com/designdistricthk
Instagram: www.instagram.com/designdistricthk_ddhk
Hashtag: #ddHK

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

About Design District Hong Kong (#ddHK)

Design District Hong Kong (#ddHK) is a creative tourism project that celebrates authentic culture and creativity and livens up unique neighbourhoods in Hong Kong through design elements. Launched in 2018, #ddHK has transformed different neighbourhoods into new tourism destinations filled with characteristics, and has become a well-acclaimed creative cultural tourism project. A brand new #ddHK event themed “Creative Journey · Infinite Discovery” will be held from 12 December 2024 to 14 February 2025, leading visitors from around the world to immerse themselves into two diverse, distinctive and captivating neighbourhoods, Tsuen Wan and Sha Tau Kok. Creative elements will also be injected to highlight the unique charm of the two places.

About Tsuen Wan

Tsuen Wan is an emerging destination for immersive travel, attributable to its multi-faceted characters evolved in an organic manner. It is where history meets creativity, intangible cultural heritages mixed with chic lifestyle, and vibrant cityscape immersed in natural scenery. Well connected externally by two rail lines and internally by a district-wide footbridge network, a day trip there cannot be easier.

About Sha Tau Kok

Sha Tau Kok is a township in the northeastern-most part of Hong Kong adjacent to the Mainland. It has been a Frontier Closed Area with restricted access for decades, but when it was progressively opened up for tourism in recent years, many visitors have been immediately attracted by the lesser-known history, culture and natural elements there. Apart from its unique attractions, Sha Tau Kok is also the starting point for blue-green eco-tourism in the Northeast New Territories where tourists may easily access to the stunning nearby islands and villages, such as Lai Chi Wo, Kat O and Ap Chau in Hong Kong UNESCO Global Geopark, by kaito ferry services, as well as the Robin’s Nest Country Park, Hong Kong’s newest country park.