Author: Durian

DUBAI, UAE, Nov 28, 2024 - (ACN Newswire via SeaPRwire.com) - Since its inception in 2017, the World Blockchain Summit (WBS) has grown into the world’s longest-running and most prestigious blockchain and Web3 event series, hosting 29 successful editions across 16 countries. Over the years, WBS has established itself as a key platform that unites global innovators, investors, and policymakers to shape the future of decentralised technology. Today, Trescon proudly announces the evolution of this iconic event with a bold rebranding to HODL, a name that embodies resilience, progress, and the limitless potential of blockchain and Web3 ecosystems.HODL will make its highly anticipated debut at the 30th global edition of the summit in Dubai, UAE, on April 28-29, 2025. This rebranding marks a significant shift toward positioning the event as a premier platform for serious business, innovation, and deal-making in the blockchain space.Why the RebrandThe transition from WBS to HODL reflects the evolution of the event from a conference series to a strategic platform driving real business outcomes. HODL now embraces not only blockchain but also the broader horizons of innovation and collaboration within Web3, crypto, and emerging decentralised systems. The focus is on creating meaningful connections between ground-breaking blockchain projects, pre-qualified investors, enterprise leaders, and government regulators. This shift reflects a commitment to facilitating collaborations that will shape the future of the blockchain industry.What to Expect at HODL 2025 in DubaiTrailblazing Thought Leaders: Hear from top blockchain innovators, industry pioneers, and government representatives shaping the future of blockchain and decentralised ecosystems.Deal-Making Opportunities: Engage with pre-qualified investors actively seeking the next big blockchain projects.Enterprise & Government Collaborations: Dive into discussions on regulatory frameworks, public-private partnerships, and enterprise adoption strategies for blockchain.Cutting-Edge Innovations: Witness live showcases of groundbreaking blockchain use cases, crypto solutions, and Web3 technologies from around the world.Dubai, known for its progressive blockchain policies and visionary leadership, is the perfect launchpad for the HODL brand. With Dubai’s commitment to becoming a global hub for blockchain and Web3 innovation, HODL is poised to make an unprecedented impact on the world of blockchain.QuotesMohammed Saleem, Founder and Chairman, Trescon, commented:“The rebranding of World Blockchain Summit to HODL marks a pivotal moment in our journey as we move beyond simply hosting events to becoming a true enabler of blockchain and Web3 innovation. With HODL, we aim to create a future-focused, results-driven platform that empowers projects, investors, and governments to collaborate meaningfully and shape the next era of decentralized technology.”Anil Kumar, COO, Trescon, added:“HODL isn’t just a rebrand—it’s a redefinition of what a blockchain event should be. It is a testament to our vision of facilitating real outcomes through deal-making, partnerships, and showcasing transformative blockchain solutions to the world. Dubai, with its ambitious blockchain agenda, is the perfect stage for this transition.”The Legacy of WBSFor nearly a decade, the World Blockchain Summit has led the way in blockchain adoption, creating a legacy as the longest-running Web3 event. The rebrand to HODL builds on this legacy, signalling a more strategic, business-centric approach to blockchain’s integration into industries and society.Join Us at HODL 2025 in DubaiMark your calendars for April 28-29, 2025, and join us in Dubai for HODL – The Vanguard of Blockchain and Beyond, where innovation meets opportunity.For more details and early registrations, visit: hodlsummit.com/dubai2025.About HODLHODL is an event by Trescon that supports the growth of the blockchain, crypto and Web3 ecosystem globally. It is the world's longest-running blockchain, crypto, and web 3-focused summit series. Since its inception in 2017, it has hosted more than 20 editions in 11 countries and strives to create the ultimate networking and deal flow platform for the Web3 ecosystem. Each edition brings together global leaders and emerging start-ups in the space, including investors, developers, IT leaders, entrepreneurs, government authorities, and others.About TresconTrescon is a global leader in business events, focusing on the adoption of emerging technologies and sustainable solutions. With a portfolio of industry-leading events, including HODL (formerly WBS), Trescon is dedicated to creating platforms that foster innovation, collaboration, and economic growth.Media Contact:Shadi DawiSenior DirectorPR, Comms., and Partnerships, Global & MEAE: shadi@tresconglobal.com | M: +971 55 498 4989 Copyright 2024 ACN Newswire via SeaPRwire.com.

SAN FRANCISCO, CA & MUMBAI, Nov 28, 2024 - (ACN Newswire via SeaPRwire.com) - Niyo, India’s leading fintech startup, teamed up with CleverTap, the all-in-one engagement platform, to improve customer experiences through personalized engagement and real-time interactions. Since its founding in 2015, Niyo has been revolutionizing financial services in India, particularly with its international travel cards and app-based financial services, catering to the evolving needs of its users.In its almost decade-long journey, Niyo recognized the challenges that modern Indian travellers face at every touchpoint while venturing abroad. It sought a feature-rich user engagement platform that would effectively deliver the right solutions to its customers and found the ideal partner in CleverTap. By leveraging CleverTap’s advanced automation tools, Niyo enhanced its onboarding processes, while ensuring compliance with regulations, and streamlining customer experiences. This collaboration empowered Niyo to reduce drop-offs during the customer journey, automate personalized messages, and re-engage dormant users.By deploying CleverTap’s integrated platform, Niyo achieved:・2x increase in click through rates, leveraging Clever.AI for emotionally intelligent content.・40% optimized conversion rate through pinpoint targeting, ensuring personalized and relevant communication at every step.・12% re-engagement of dormant users through targeted campaigns, highlighting Niyo’s success in winning back inactive customers.Sushanth Ravikumar, SVP - Head of Marketing, Niyo, said - “At Niyo, delivering a seamless and personalized experience for our customers is a top priority. CleverTap has been instrumental in elevating this experience. Its robust automation and communication tools have streamlined our onboarding process while maintaining compliance in the highly regulated sector. What started as a tool to streamline everyday operations has become a key force in helping us preserve customer trust, even during challenging times. Its ability to adapt to real-time shifts in customer engagement offers us a definitive edge in an ever-changing dynamic, solidifying our long-term confidence in the platform.”Sidharth Pisharoti, Chief Revenue Officer, CleverTap, said - “We are excited to collaborate with Niyo as they continue to innovate in the travel fintech space. Through our partnership, we’ve been able to enhance Niyo’s customer engagement by focusing on delivering personalized and timely experiences. This has not only streamlined their processes but also improved customer satisfaction, particularly in key areas like onboarding and transaction management. We look forward to supporting Niyo as they scale and evolve their offerings in this dynamic market.”About Niyo Niyo is India’s leading banking fintech that has revolutionized "travel banking" for Indians. The company was co-founded by banking veteran Vinay Bagri (currently, CEO) and technology veteran Virender Bisht (currently, CTO) in 2015. Niyo offers zero forex debit and credit cards, which provides the best banking experience and value for international travellers. This unique solution was invented by Niyo in 2015 and has helped over 2 million Indians by saving more up to 5% on their international transactions with Zero Forex offering. In this last Series-C round in 2022, Niyo raised $130 million, which was led by global VC and PE firms, Accel, Lightrock, and Multiples. Its other investors include Prime Venture Partners, Horizons Ventures, Tencent, JS Capital, Social Capital, and Beams Fintech Fund. Niyo operates out of a corporate office in Bengaluru and has a sales presence in more than 20 states and union territories.Visit: GoNiyo.comAbout CleverTapCleverTap is the leading all-in-one customer engagement platform that helps brands unlock limitless customer lifetime value. CleverTap is trusted by over 2000 brands like Decathlon, Domino’s, Levis, Jio, Emirates NBD, Puma, Croma (A Tata Enterprise), Swiggy, SonyLIV, Axis Bank, AirAsia, TD Bank, Ooredoo, and Tesco, to help build personalized experiences for all their customers. The platform is powered by TesseractDB™ – the world’s first purpose-built database for customer engagement, offering speed and cost efficiency at scale.Backed by top-tier investors such as Accel, Peak XV Partners, Tiger Global, CDPQ and 360 One, the company is headquartered in San Francisco, with presence across Seattle, London, São Paulo, Bogota, Mexico, Amsterdam, Sofia, Dubai, Mumbai, Bangalore, Singapore, Vietnam, and Jakarta.For more information, visit CleverTap.com or follow us on:LinkedIn: https://www.linkedin.com/company/clevertap/ X: https://twitter.com/CleverTap Forward-Looking StatementsSome of the statements in this press release may represent CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness, or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction.For more information:SONY SHETTYDirector, Communications and CSR, CleverTap+91 9820900036sony@clevertap.com ASHMIT CHAUDHARYAssociate Consultant, Archetype+91 8850752121ashmit.chaudhary@archetype.co Copyright 2024 ACN Newswire via SeaPRwire.com.

HONG KONG, Nov 27, 2024 - (ACN Newswire via SeaPRwire.com) - The Hong Kong Export Credit Insurance Corporation (HKECIC) and Hong Kong Trade Development Council (HKTDC) jointly released a research study today, titled "Unleashing the Lucrative Potential of Cross-border E-commerce for Hong Kong Traders". The study revealed that 90% of surveyed companies anticipated that cross-border e-commerce could drive significant sales growth in the business in the next two years. However, the market-related challenges continue to persist, including intense market competition, complex customs clearance procedures and the management of returns and refunds. In light of these challenges, experts recommend developing appropriate online marketing and sales strategies, enhancing risk management and adopting efficient logistics and delivery practices to better seize the opportunities presented by cross-border e-commerce.Mr Terence Chiu, Commissioner of HKECIC, said, “The joint research study of the HKECIC and the HKTDC helps the industry in gaining deeper understanding of the latest development in expanding cross-border e-commerce, as well as outlining the challenges faced by businesses and the support they needed. While cross-border e-commerce has seen a significant growth in recent years, the study highlighted that the market remains highly competitive, and the ecosystem and related infrastructure still require further improvement. In addition, many e-commerce businesses have limited assets and insufficient collateral to secure financing from traditional banks and financial institutions, reflecting the ongoing challenges in the e-commerce environment. This year, the HKECIC has collaborated with a fintech and a reinsurance company, and also a bank to develop bespoke trade credit insurance solutions, aiming to provide coverage for trade loans to Hong Kong e-commerce businesses. These initiatives encourage and support local enterprises in securing trade financing and expanding into cross-border e-commerce. The HKECIC will actively seek collaboration with more financial institutions, in line with the 2024 Policy Address, to better support Hong Kong businesses in securing e-commerce export financing. By leveraging its expertise in trade credit insurance and risk management, the HKECIC is dedicated to assisting Hong Kong businesses in maintaining their competitive edge, helping them explore new overseas markets, mitigate trade risks and reduce operating costs.”Dr Patrick Lau, HKTDC Deputy Executive Director, said, “E-commerce has become a key driver of the global economy. The World Bank estimates that global B2C e-commerce sales will reach US$6 trillion by 2024, with Mainland China leading the way – over a quarter of retail consumer goods sales occur online. In collaboration with the HKECIC, the study aims to help Hong Kong businesses explore new markets and seize opportunities. The HKTDC will continue to support local companies in engaging with e-commerce and taking advantage of growth opportunities on the global stage.”From June to August 2024, the HKECIC and the HKTDC conducted phone and online interviews with 352 local trade and manufacturing companies to assess the development of Hong Kong companies’ cross-border e-commerce operations, while also detailing the challenges they face and identifying the support services they require.Driving significant sales growth in the next two yearsAs network technology has become more widespread, while electronic payment services are now ubiquitous and e-commerce platforms have come to offer an ever-expanding range of services, even new entrants and smaller businesses can easily develop cross-border e-commerce operations on a global basis. 90.0% of surveyed companies anticipated that cross-border e-commerce could raise their total sales revenue in the next two years.The surveyed companies in general indicated that cross-border e-commerce positively impacts their expansion plans whether via broader sales channels (69.0%), new market opportunities (50.3%), or enhanced brand awareness (48.9%).Reaching out to global markets: Focusing on the Mainland and ASEANHKTDC Principal Economist Wing Chu, who led the study, said, “The scope of cross-border e-commerce business for Hong Kong companies spans all parts of the world, covering markets, such as Mainland China (75.2%), ASEAN (53.0%), the US (42.2%), Japan (30.9%) and the EU (30.0%). Looking ahead, respondents generally agreed that, for the next two years, Mainland China (61.6%) and ASEAN (44.3%) offer the greatest growth potential. The surveyed companies generally hope to make use of risk management to meet market competitiveness and the challenges outlined, such as insurance for cargo transportation or payments (39.8%), e-commerce promotion (34.4%) and logistics services for both delivery and product returns (33.5%).”Coping with online and offline challengesCross-border e-commerce operators must confront a variety of practical issues relating to both online and offline procedures, including goods delivery, platform charges, exchange rates and refunds as well as market, regulation and financing issues.Of the companies surveyed, 38.4% said that customs clearance procedures in Mainland China and foreign markets are complex, with 31.3% indicating that product returns involve complicated procedures and / high costs, and 29.8% finding it difficult to manage practical issues, such as the international delivery of small orders.Regarding the issues of platform charges, exchange rates and refunds, the high commission rates charged by third-party e-commerce platforms and long payment periods were identified as challenges by 51.1% of respondents. Meanwhile, 46.6% said fluctuating exchange rates or high exchange costs were problems they faced during their cross-border e-commerce operations. 28.4% were concerned about the expansive costs about refund policy.In addition, companies must contend with a wide range of difficulties. Majority of the surveyed companies (84.9%) noted that developing cross-border e-commerce presented market-related challenges, such as keen market competition. Meanwhile, 54% indicated regulatory issues, and 41.2% encountered financial challenges.Leveraging Hong Kong's advantages to unlock global e-commerce opportunitiesIn addition to the questionnaire, HKTDC also interviewed a number of companies engaged in cross-border e-commerce or related businesses. According to expert’s opinion, though the mainland market is huge in scale, the competition is keen. Overseas opportunities abound, such as the advanced economies of Europe and America have mature online shopping markets and e-commerce markets in Southeast Asia.In addition, online sales strategies tailored to target markets are of prime importance, including the collaboration with KOL or influencers and using short-form videos to attract consumers.The study also highlighted Hong Kong's excellent logistics capabilities and extensive air cargo network as well as its well-developed financial markets and diverse financing services, which are well-suited to meeting the financial needs of e-commerce. Meanwhile, Hong Kong serves as an ideal gateway for foreign products entering Mainland China, with the Hong Kong brand enjoying a competitive edge in the region.Photo download: https://bit.ly/3Bb95BADr Patrick Lau, Deputy Executive Director, HKTDC (left) and Terence Chiu, Commissioner, HKECIC (right)Dr Patrick Lau, Deputy Executive Director, HKTDC (second left); Terence Chiu, Commissioner, HKECIC (second right); Wing Chu, Principal Economist, HKTDC (first left); and Cynthia Chin, General Manager, HKECIC (first right)References- HKTDC Research Portal https://research.hktdc.com/en- Unleashing the Lucrative Potential of Cross-border E-commerce for Hong Kong Traders https://research.hktdc.com/en/article/MTg1OTQ2Mzk3MwAbout HKECICThe HKECIC was established in 1966 under the Hong Kong Export Credit Insurance Corporation Ordinance (Chapter 1115). Through the provision of export credit insurance services, the HKECIC protects Hong Kong exporters who trade on credit terms with overseas buyers against non-payment risks and helps them conduct export business in a prudent manner. The HKSAR Government provides a guarantee of HK$80 billion for HKECIC’s contingent liability.About HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedInMedia enquiriesHKECICCorporate Communication DivisionTina NgTel: (852) 2732 9998Email: tina.ng@hkecic.comHKTDCCorporate Communication & Marketing DepartmentSharon HaTel: (852) 2584 4575Email:sharon.mt.ha@hktdc.orgYuan Tung Financial Relations LimitedLouise SongTel: (852) 3248 5691Email: lsong@yuantung.com.hk Copyright 2024 ACN Newswire via SeaPRwire.com.

HONG KONG, Nov 27, 2024 - (ACN Newswire via SeaPRwire.com) - Kingworld Medicines Group Limited ("Kingworld Medicines" or the "Group", stock code: 01110.HK), a leading healthcare distribution company, announced that the Group's Kingworld • Longde Life and Health Industrial Park ("Longde Health Industrial Park" or "Industrial Park") in Bao’an Technology City, Longgang District, Shenzhen, has officially commenced operations. The opening ceremony, investment promotion conference, and investor tour were successfully held, marking a new chapter in the Group's 30-year journey in the healthcare industry and establishing a national-level pharmaceutical industry incubation and investment base for the Greater Bay Area. On the same day, Kingworld and Foci jointly launched their new product "Foci Kingworld An Gong Niu Huang Wan."Zhao Li Sheng, Chairman of Kingworld Medicines,attended the grand opening ceremony of Kingworld • Longde Life and Health Industrial Park.The Longde Health Industrial Park was developed according to the national health industry development strategy and aligned with Shenzhen and Longgang District's industrial development plans. Located at the strategic intersection of Shenzhen's Eastern High-speed Rail New Town and International Low-Carbon City, the park covers 10,000 square meters with a total construction area of 57,000 square meters. The park features high-standard production facilities and supporting infrastructure, including pharmaceutical waste treatment facilities, backup power supply systems, and centralized pharmaceutical wastewater treatment systems, providing comprehensive support for the diverse needs of resident enterprises.Construction of Kingworld • Longde Life and Health Industrial Park began in December 2020,planned as a comprehensive park integrating R&D,production, and office facilities for traditional Chinese medicine, Hong Kong medicine, and other health industry enterprises.As a key strategic project of Kingworld Medicines, the Longde Health Industrial Park leverages Kingworld's 30-year global pharmaceutical supply chain resources, mature sales network, and marketing capabilities. It actively integrates pharmaceutical supply chain resources to help park enterprises effectively expand their market channels and provides targeted professional support in financing, listing, policy, and legal matters to accelerate the incubation of pharmaceutical projects and brands aligned with the Group's strategic direction. The Industrial Park has also established innovation platforms, including a Greater Bay Area Youth Exchange Base and Hong Kong Medicine Landing Platform.Furthermore, the Industrial Park houses high-end research institutions including “Hong Kong Medicine Landing Hub”, “Shenzhen-Hong Kong TCM In-Hospital Preparatory Medicinal Products Center” and “Pharmaceutical GSP Supply Chain Distribution Center”. The park has created a life and health achievement transformation platform integrating research institutions, Shenzhen-Hong Kong medical institutions, research experts, and pharmaceutical distribution, making positive contributions to the innovative development of the biomedical industry in the Greater Bay Area.Mr. Zhao Li Sheng, Chairman of Kingworld Medicines, stated: "The Longde Health Industrial Park, as a strategic project in Kingworld Group's Fifth Five-Year Plan, represents a significant milestone in the Group's development. Kingworld Medicines consistently prioritizes technological innovation, emphasizes ecological environmental protection and sustainable development, and strives to create synergistic innovation effects. We aim to build a modern, intelligent, and green health industrial park integrating R&D, production, logistics, and sales, effectively consolidating and maximizing the Group's health industry resources. We hope to establish the park as Longgang's new landmark in the pharmaceutical industry, creating a new highland for exploring health technology, nurturing health industries, and serving human health, contributing to the prosperous development of the pharmaceutical and healthcare industry in Longgang and the Greater Bay Area."Zhao Jian Wei (first from right),Managing Director of Kingworld-LongdeHealth,signed a strategic cooperation agreement with partners includingShenzhen Angel FOF and Elong Hotel Technology (under Tongcheng Travel).Simultaneously,they also signed an agreement with Xingwu (Shenzhen) TechnologyCo., Ltd.,which represents one of the enterprises entering the industrial park.About Kingworld Medicines Group ( Stock code: 01110.HK )Kingworld Medicines Group (stock code: 01110.HK) has been committed to building a comprehensive upstream and downstream supply chain system in the healthcare industry for over thirty years, with business coverage in more than 34 provinces and cities across China. In order to adapt to the new trend of consumer upgrading, Kingworld Medicines has built a new retail ecosystem both online and offline. Shenzhen Kingworld Medicines a subsidiary of the Group, mainly engages in the agency of imported branded pharmaceutical and healthcare products in China, and has established a reputation as a leading agent for well-known brands such as Nin Jiom Pei Pa Koa, Taiko Seriogan, Kingworld Imada Red Flower Oil and Foci Kingworld An Gong Niu Huang Wan. For more information, please visit https://www.kingworld.com.cn/If you have any media enquiries, please contact LBS Communications Consulting LimitedMs Joanne ChanTel:(852) 3679 3671Email:jchan@lbs-comm.com Mr Jason HoTel:(852) 3752 2675Email:jho@lbs-comm.com Email:kingworldir@lbs-comm.com Copyright 2024 ACN Newswire via SeaPRwire.com.

HONG KONG, Nov 27, 2024 - (ACN Newswire via SeaPRwire.com) - Expert Systems Holdings Limited (“Expert Systems” or the “Group”; Stock Code: 8319), a leading technology and innovation company in the Asia-Pacific region, today announced the unaudited interim results of the Company and its subsidiaries (the “Group”) for the six months ended 30 September 2024 (the “Reporting Period”). During the Reporting Period, the Group actively responded to market challenges and achieved an increase in gross profit margin despite the downward adjustment in business volume, demonstrating its strong business resilience.During the Reporting Period, the Group recorded revenue of approximately HK$437.2 million. Gross profit amounted to HK$70.9 million, and profit for the 1HFY2025 was HK$7.1 million. The market environment remained uncertain due to factors such as the global economic slowdown and the ongoing Sino-US competition. Nevertheless, the Group actively addressed the market challenges by optimizing its product mix and implementing effective cost-management measures. As a result, its gross profit margin increased from 14.6% in the same period last year to 16.2% during the Reporting Period, underscoring its unwavering business resilience.Mr. Andy Lau, CEO and Executive Director of Expert Systems, said: "Recognizing that the macro environment has been impacted by numerous uncertainties, we have not only made efforts to address challenges, but also adjusted our strategies and optimized our costs. In operating our product lines, we have focused our resources on businesses with high growth potential, including cybersecurity, automation, artificial intelligence (AI) and managed services. Through the close cooperation between our subsidiaries, we have been able to realize their respective advantages and provide comprehensive, one-stop solutions to meet the diverse needs of customers. This horizontal development has helped us to integrate the strengths of various business segments, which has not only enabled us to provide customers with high-value-added integrated solutions, but also enhanced our competitive advantage and laid a solid foundation for our business growth. While optimizing our product portfolio, we have also maintained effective capital allocation, focused on profit margin improvement, and actively responded to the changing business environment."BUSINESS REVIEWIT Infrastructure SolutionsThe Group has continued to provide world-class IT infrastructure solutions to corporate and institutional customers to meet their needs. In light of the frequent occurrence of cybersecurity incidents in recent years, the Group is committed to deploying appropriate cybersecurity solutions to safeguard its customers’ valuable IT assets. Additionally, in response to customers’ strong demand for automation, the Group also provides a wide range of IT infrastructure solutions that align with market trends and the surging demand. Among them, AI can comprehensively assist customers with business automation. To this end, the Group has developed a series of Generative AI (“GenAI”) applications and now offers a one-stop service that encompasses everything from infrastructure to GenAI applications, thereby eliminating any deployment and maintenance support concerns for customers. At this stage, the Group will prioritize allocating resources to two business growth engines of cybersecurity and automation (including AI). This focus aims to enhance its product portfolio and technical support, committed to providing customers with more valuable and comprehensive solutions, thereby driving business growth.IT Infrastructure Management ServicesThe Group anticipates growth in demand for IT infrastructure management services throughout the Asia-Pacific region. The Group’s service desk centers in Guangzhou and Kuala Lumpur provide IT outsourcing, help desk and other services to corporate and institutional customers, supporting over 60,000 incidents each month in seven languages. To address new demand, the Group plans to relocate the Guangzhou service desk center to a new facility and expand its capacity. Furthermore, the Group aims to extend its offerings to managed professional services (MPS), including a Network Operation Center (NOC) and Security Operation Center (SOC). All the above are expected to be completed by the first half of 2025. The service desk centers in both locations will create synergies, effectively balancing resources across regions and providing flexible services to customers, which further enhance the Group’s ability to meet the diverse customer needs. In addition, in response to the rising number of cybersecurity incidents, the Group has increased its resources to provide comprehensive cybersecurity consulting services, aiming to help customers proactively prevent cybersecurity incidents.AI BusinessThe Group continues to boost its GenAI business and has successfully developed a series of GenAI products based on cloud or on-premises large language models (“LLM”) for its corporate and institutional customers. The GenAI product series, namely ChatSeries, which includes ChatEnquiry, ChatMinutes and ChatSerivceDesk, offering a variety of functionalities to meet customer needs. Benefiting from the accelerated development of the AI ecosystem in Hong Kong, the Group has received a significant number of inquiries from clients, indicating the strong market demand. This sector is expected to be one of the key drivers in new business growth for the Group.Mr. Lau concluded: "As we enter 2025, Expert Systems will celebrate its 40th anniversary. The two core businesses of IT infrastructure solutions and IT infrastructure management services, as the cornerstones of Expert Systems, provide us with a solid foundation in a volatile market environment, while allowing us to actively develop new AI businesses. Looking ahead, Expert Systems will continue to focus on implementing strategic initiatives, including optimizing product portfolio and cost management, and continue to invest in technological research and development. We will actively respond to market challenges, strive to create value for shareholders and stakeholders, and drive the company to achieve sustainable growth."About Expert Systems Holdings Limited (Stock code: 8319)Established since 1985, Expert Systems Holdings Limited (“ESHL”) is a leading technology and innovation company which operates under the brands “Expert Systems”, “ServiceOne” and “Expert AI Enabling” with around 1,000 IT professionals. We are principally engaged in the provision of IT infrastructure solutions, IT infrastructure management services, and in the development and provision of AI products and AI solutions for corporate and institutional customers in the Asia-Pacific region. For more information, please refer to ESHL's website: https://www.expertsystems.com.hk/.Media Enquiries:Strategic Financial Relations LimitedHeidi SoTel: (852) 2864 4826Email: heidi.so@sprg.com.hkRachel KoTel: (852) 2114 2370Email: rachel.ko@sprg.com.hkMaggie KoTel: (852) 2864 4890Email: maggie.ko@sprg.com.hkWebsite: www.sprg.com.hk Copyright 2024 ACN Newswire via SeaPRwire.com.

HONG KONG, Nov 27, 2024 - (ACN Newswire via SeaPRwire.com) - As a pillar of global economy, the logistics industry represents a multi-trillion dollar market opportunity with enormous scope for imagination. Among all regions, Asia is one of the regions with the largest, fastest-growing and least concentrated logistics market. It has the most attractive growth prospects and has also given birth to the well-established logistics giant.On 27 November 2024, S.F. Holding Co., Ltd. (6936. HK), the leader in the Asian logistics industry, went public in Hong Kong. According to the company's announcement, the offer price of SF Holding has been set at HK$34.30 per H-share, raising a total of HK$5.83 billion. Through this IPO, the Company aims to further promote internationalization strategy, establish overseas equity financing platforms, optimize international brand image, and enhance comprehensive competitiveness.High-quality service builds brand powerOver the past decade, with the “1-to-n” expansion strategy, SF Holding has quickly transformed from China’s leading time-definite express delivery service provider into a leading global integrated logistics service provider. The Company provides full-spectrum logistic services, including time-definite express delivery, economy express delivery, freight delivery services, cold chain logistics services, intra-city on-demand delivery services, supply chain services and international logistics services, and provides one-stop solutions to multinationals, large corporations, small and medium enterprises and retail customers.Leveraging its integrated capabilities, SF Holding provides full spectrum of services catering to the diverse logistics needs of customers across industry verticals, and becomes the go-to brand of customers for differentiated and premium services. In terms of fresh and seasonal food, the Company is the undisputed leader in China, providing doorstep delivery of live Yangcheng Lake hairy crabs, lichee, mango, and more to customers all over China. In terms of pharmaceuticals, it is among the very few logistics players globally to offer one-stop and highly reliable vaccine transportation solutions. In terms of luxury, it is the first to provide luxury time-definite express “SF Shangpai”, a delivery service with couriers dressed in tailored suits and trained in brand storytelling.As a testament to its leadership in time-definite express and exceptional services, SF Holding has been ranked first in overall customer satisfaction for 15 consecutive years (2009 to 2023). It has been enlisted among Fortune’s Global Top 500 companies for three consecutive years, distinguishing itself as the only private Chinese logistic enterprise on the list, securing the 415th position in 2024.Sustainable development of business is driven by technologyFor modern logistics enterprises, technological progress may significantly optimize warehouse management, improve delivery accuracy, and enhance customer experience, bringing about a dual improvement in economic and social benefits. Under the concept of technology driven, SF Holding utilizes proprietary technology and innovation to digitize internal management, improve operational efficiency, and accelerate business expansion.At present, SF Holding has embedded technologies in every aspect of its operations. It employs a data-driven approach to empower its first-mile pickup to last-mile delivery services. At the same time, it has adopted a digitalized dispatch scheduling and management system that optimizes efficiency for its land, air, and multimodal transportation. To enhance financial performance management, the Company has developed an advanced data modeling and analytical system. This system aids business teams in pinpointing potential areas for cost-reduction, facilitating efficient operational management and decision making.SF Holding has been widely recognized for its achievements in technological innovations. It was on Fortune Magazine’s Most Influential IoT Innovation List in 2022 and 2023. As of 30 June 2024, it had 4,199 patents and patent applications, being ranked the first among the global top four integrated logistics service providers, and 2,535 software copyrights in the fields of automation, big data and smart hardware, among others, according to Frost & Sullivan.SF has achieved significant scale, growth, and profitability, and is now at an inflection point for high-quality and sustainable growth. In the first three quarters of 2024, the Company achieved a revenue of RMB206.9 billion, representing a year-on-year increase of 9.4%, and net profit attributable to owners of the Company of RMB7.6 billion, representing a year-on-year increase of 21.6%. Upon successful “A-to-H” listing, the Company is believed to have a more stable and solid path of long-term endogenous growth in the future. Copyright 2024 ACN Newswire via SeaPRwire.com.

Download images: https://shorturl.at/o22GsHONG KONG, Nov 27, 2024 - (ACN Newswire via SeaPRwire.com) - As the holiday season approaches, Champion REIT (Stock Code: 2778) is pleased to announce its “Green Vitality” festive campaign at its all-in-one beauty landmark, LANGHAM BEAUTY. It has unveiled the immersive sustainable Christmas decorations in collaboration with a local environmental art curation studio*. A Beauty Empties Recycling Programme was also launched, with a goal of promoting green lifestyle through innovative and diverse art while sharing festive joy with the community.Embracing Sustainability with Immersive Christmas DecorationsThis green Christmas campaign at LANGHAM BEAUTY presents "The Urban Oasis", a sustainable art installation created in collaboration with a local environmental art curation studio. This immersive display symbolises a tranquil green oasis amidst the bustling city, encouraging the public to connect with nature. Located on L1 of Langham Place, the nature-infused display features 250 recycled plastic decorations and reusable steel structures. As stepping in, visitors will be greeted by the soothing sounds of chirping birds and the fresh scent of Christmas trees, inviting them into an immersive natural healing experience. To promote sustainability, these Christmas trees and over 60% of the plants will be replanted and upcycled after the event, giving these beautiful plants a second life.*Earthero Studio is an environmental curation and consulting firm that uses art as a medium to convey ecological messages. In 2022, they organized Asia's first sustainable fashion art exhibition. The studio also operates a clothing brand that upcycles surplus fabrics and second-hand items into new, fashionable pieces.Partnering with V Cycle to Launch the Beauty Empties Recycling ProgrammeAnother highlight is the launch of “Green Vitality Beauty Empties Recycling Programme" in partnership with the eco-conscious social enterprise V Cycle. Through this initiative, the public can drop off empty plastic beauty product containers at the nature-inspired collection point on L2 of LANGHAM BEAUTY, from which the collected empty bottles will be processed and transformed into valuable resources by V Cycle. This lush greenery backdrop also provides a perfect spot for photos while encouraging customers to embrace a greener lifestyle through collective recycling efforts.Introducing a New Beauty Zone with Leading International BrandsLANGHAM BEAUTY has recently completed its expansion with a new zone featuring a selection of high-quality international beauty brands. The new additions include Hong Kong's first Valentino Beauty counter; Hourglass, the American vegan makeup brand committed to animal rights; JSM Beauty, founded by South Korean legendary makeup artist Jung Saem Mool; Japan's prestigious skincare brand Albion; and Europe's luxurious Helena Rubinstein. These brands offer diverse beauty choices and exceptional customer experiences, reinforcing LANGHAM BEAUTY's status as a premier one-stop-for-all beauty destination.Innovative Services with the First 'Shop-to-Point' Seamless ExperienceTo make holiday shopping more convenient, LANGHAM BEAUTY has partnered with SF Express Hong Kong to launch the first beauty-themed "Shop-to-Point" service station in the city, offering free same-day delivery* with no minimum spend. Additionally, our e-store continues to expand product selection, ensuring a seamless shopping experience both in-store and online. *Yau Tsim Mong District Exclusive. Order before 3pm for same-day delivery.From left: Ms. Christina Hau, CEO of Champion REIT and Ms Grace Chan Hoi Lam, Celebrity unveil the sustainable Christmas art installationFrom left: Mr Eric Swinton, Founder & CEO of V Cycle; Ms Bertha Shum, CEO of Earthero Studio;Ms Christina Hau, CEO of Champion REIT; Ms Grace Chan Hoi Lam, Celebrity;Ms Iris Li, General Manager of LANGHAM BEAUTY join the kick-off ceremonyThis Christmas, join us at LANGHAM BEAUTY to celebrate a sustainable holiday. Let's bring green ideas to life through our collective efforts and immerse ourselves in the creativity and vibrant green aesthetics of LANGHAM BEAUTY!LANGHAM BEAUTY “The Urban Oasis” Eco Christmas Art InstallationDate and time:27 November 2024 to 2 January 2025Monday to Thursday: 11:00 AM - 10:00 PMFriday to Sunday: 11:00 AM - 10:30 PMVenue:L1, Langham Place, Mongkok LANGHAM BEAUTY Green Vitality Beauty Empties Recycling ProgrammeDate and time:27 November 2024Monday to Thursday: 11:00 AM - 10:00 PMFriday to Sunday: 11:00 AM - 10:30 PMRecollection point:LANGHAM BEAUTY L2, Langham Place, MongkokAbout Champion REIT (2778)Champion Real Estate Investment Trust is a trust formed to own and invest in income-producing office and retail properties. The Trust focuses on Grade-A commercial properties in prime locations. It currently offers investors direct exposure to nearly 3 million sq. ft. of prime office and retail area. These include two Hong Kong landmark properties, Three Garden Road and Langham Place, as well as a joint venture stake in 66 Shoe Lane in Central London. The Trust has been awarded the top five-star rating by GRESB since 2023.About Langham BeautyLangham Beauty is a premier beauty concept store located on L1 & L2 of Langham Place in Mong Kok. It features over 60 top-tier brands in beauty, skincare, fragrance, haircare, and body care, including ARMANI BEAUTY, CHANEL BEAUTÉ, DIOR BEAUTY, ESTÉE LAUDER, LANCÔME, SHISEIDO, SK-II, and VALENTINO BEAUTY etc. Our mission is to transform customers' beauty journeys, providing a one-stop shopping experience that caters to the beauty aspirations of every woman. At Langham Beauty, we believe that staying true to oneself and embracing nature are the first step to achieving confidence and natural beauty.Langham Beauty breaks conventions by integrating three essential elements: human, nature, and technology, to present a diverse aesthetic. We are committed to environmental sustainability in beauty and leverage technological innovations to balance beauty consumption while giving back to nature. Langham Beauty serves as a bridge between luxury beauty and the natural world, ensuring that our customers experience the essence of " Be True in Life, Be Kind to Earth, Be a Beautiful You" while nurturing both their outer and inner beauty.​​About Langham PlaceLangham Place, under Champion REIT, is strategically situated in the bustling heart of Mong Kok, Kowloon. This iconic 15-story landmark serves as a premier destination for fashion enthusiasts. Boasting nearly 200 retail outlets, Langham Place offers a diverse array of international and local fashion brands, an eclectic mix of dining options, a state-of-the-art cinema, and the expansive beauty concept store, LANGHAM BEAUTY. The mall elevates the social and shopping experience by hosting a variety of cultural and creative promotional activities throughout the year. Notably, Langham Place is the first property in Hong Kong to achieve the EDGE (Excellence in Design for Greater Efficiencies) certification for existing buildings and has been honored with the Platinum rating by BEAM Plus, the highest accolade for existing buildings. Copyright 2024 ACN Newswire via SeaPRwire.com.

HONG KONG, Nov 27, 2024 - (ACN Newswire via SeaPRwire.com) - Swire Coca-Cola, a leading beverage company operating in Greater China and Southeast Asia, has successfully implemented SAP S/4HANA to optimize its Hong Kong operations, signifying a milestone in the company's digital transformation journey.With a wide-reaching operation, Swire Coca-Cola produces, bottles, and distributes an impressive portfolio of 60 beverage brands, serving a franchise population of over 956 million customers. To stay ahead in the competitive market and address operational challenges in Hong Kong, the company has implemented SAP S/4HANA with the support of SAP Customer Services & Delivery.The solution enabled the company to harmonize its complex operations with flexibility, speed and insights required to tackle both present-day challenges and capture future opportunities in Hong Kong. By optimizing its multifaceted operations, including manufacturing, sourcing, financing, customer ordering, discount offering calculation, warehousing and delivery, Swire Coca-Cola can continuously support delivery across Hong Kong and leverage 360-degree real-time visibility of the automated pricing and offerings.Matthew C.M. Wong, General Manager, Digital & IT – South East Asia, Hong Kong & Taiwan, Swire Coca-Cola Limited, said, “At Swire Coca-Cola, we strive for collective success by consistently supporting our employees, partners, community and the planet. Having the right partner to deliver exceptional results is imperative as they strive to understand our unique needs, provide innovative solutions, and consistently exceed our expectations. We found these impressive qualities with the SAP Customer Services & Delivery Greater China team who seamlessly integrated its solutions into our organization’s system to deliver only the best to both our internal and external stakeholders.”Yee-Ching Wang, Head of Customer Services & Delivery, SAP Greater China, said, “We are delighted to take the lead to transition Swire Coca-Cola’s ERP to SAP S/4HANA. SAP S/4HANA is the ideal platform to support such a complex and vast operation while minimizing disruption, maximizing efficiency and providing cross-functional visibility to better serve Swire Coca-Cola’s customer base and seize new opportunities in Hong Kong.”She also added, “SAP Customer Services & Delivery’ mission is to support our customers in their transformation journeys through the adoption of SAP solutions and innovations and to help address the challenges across multiple business units, processes and technical architectures by providing key outcome for their strategies, thereby maximizing their business values.” The complexity of Swire Coca-Cola’s implementation necessitated various end-to-end operations to run concurrently and incessantly. Starting with multiple in-depth discussions, the Customer Services & Delivery team laid out the foundation of the road ahead and identified a host of deployment milestones. To ensure a successful implementation, the team stationed on-site consultants at Swire Coca-Cola’s premises to refine and roll out several hundreds of system enhancements.Esmond Tong, Managing Director, SAP Hong Kong and Macau, “Companies seeking to improve operations and efficiency should leverage SAP S/4HANA to accelerate their business transformation. With SAP S/4HANA's comprehensive capabilities and scalability, companies can adjust the scope and pace of their transformation to align with business strategies and adapt to fast changing market conditions. We look forward to helping more companies adopt SAP’s latest innovations and unlock new business potential.”Photo Download: https://bit.ly/3Z95f4dAbout SAPAs a global leader in enterprise applications and Business AI, SAP (NYSE: SAP) stands at the nexus of business and technology. For over 50 years, organizations have trusted SAP to bring out their best by uniting business-critical operations spanning finance, procurement, HR, supply chain, and customer experience. For more information, visit www.sap.com/hk.For more information, press only:Strategic Public Relations Group (SPRG)Andico TsuiEmail: andico.tsui@sprg.com.hk Tel: 2114 4346 / 6902 3831 Copyright 2024 ACN Newswire via SeaPRwire.com.

HONG KONG, Nov 27, 2024 - (ACN Newswire via SeaPRwire.com) - Ching Lee Holdings Limited (“Ching Lee” or “The Group”, stock code 3728.HK) announced its 2024 Interim Results on Monday, showing impressive performance. Net profits increased by approximately 10% to HK$3.8million compared to the same period last year. Total revenue surged by approximately 29% year-on-year, and profit before tax rose by approximately 11%.For the six months ended 30 September 2024, the profit of the Group was mainly attributable to the revenue growth due to most construction projects progressing smoothly to the middle and final stages in the first half of the year, enabling the Group to successfully collect payments for several projects. The Group continues to achieve earnings growth and protect shareholders’ interests, with basic earnings per share for the six months ended 30 September 2024 being 0.37 HK cents, compared to 0.34 HK cents per share for the six months ended 30 September 2023.The Group has solid financial strength to capture various business opportunities with potential construction projects from our current customer networks. As a main contractor in the private sector in Hong Kong, we focus on our core business while actively seeking opportunities in the public sector for further business development.The Group Chairman, Mr. Ng Choi Wah stated, “With interest rates on the decline, we expect the Hong Kong property market to gradually recover. We have great confidence in the economic outlook and the prospects of the construction industry in Hong Kong. The Group will continue to focus on its core business, delivering high-quality services for both private and public construction projects in Hong Kong, while actively exploring new business opportunities. Our management remains dedicated to increasing our influence within the industry and providing favourable returns for our shareholders.”Media enquiries:New Smile Limited Strategic IR & PR Consultancy Tel: +852 2126 7076Jenny Lai jenny.lai@newsmilehk.comRichard Wong richard.wong@newsmilehk.comElina Zhang elina.zhang@newsmilehk.comNotes to editors:Ching Lee Holdings Limited “Ching Lee” or “The Group”Ching Lee Holdings Limited, a limited liability company incorporated under the laws of the Cayman Islands, is a contractor in Hong Kong with over 23 years of experience in public and private sectors. The principal activities of Ching Lee Holdings and its subsidiaries are the provision of construction and consultancy works and project management services in Hong Kong, engaged in providing substructure building works services, superstructure building works services, and repair, maintenance, alteration and addition (RMAA) works services. Ching Lee Holdings Limited was transferred from GEM board to the main board in HKEx on September 18, 2017 with stock code 3728.hk. Company website: http://www.chingleeholdings.com Copyright 2024 ACN Newswire via SeaPRwire.com.

KUALA LUMPUR, Nov 26, 2024 - (ACN Newswire via SeaPRwire.com) - PROPEL GLOBAL BERHAD ("Propel Global" or the "Group”), a provider of oil and gas (“O&G”) services, today announced its financial results for the first quarter of fiscal year 2025 (“Q1 FY2025”). The Group recorded revenue of RM34.3 million for the quarter ended 30 September 2024, reflecting a 24.2% increase from RM27.6 million in the corresponding quarter of the previous year (“Q1 FY2024”).Ms. Angeline Lee, Executive Director, Group Chief Executive Officer of Propel GlobalThe Group achieved revenue growth in Q1 FY2025, driven primarily by the Oil & Gas (“O&G”) segment, which contributed RM20.3 million. This performance was supported by ongoing Engineering, Procurement, Construction & Commissioning (“EPCC”) and Marine Heating, Ventilation, and Air-conditioning (“HVAC”) projects. While the segment’s profit before tax (“PBT”) moderated to RM1.4 million compared to RM5.0 million in Q1 FY2024, this was primarily due to a foreign exchange loss of RM1.1 million from the depreciation of the US Dollar and the absence of one-off gains recorded in the previous year, amounting to RM2.8 million.The Technical Services (“TS”) segment achieved impressive revenue growth, reaching RM11.2 million, up from RM8.6 million in Q1 FY2024, reflecting progress on the construction of an electronics factory in Chuping, Perlis. Although the segment posted a marginal loss before tax (“LBT”) of RM0.2 million, this was mainly due to increased material and operational costs, which the Group is actively addressing to enhance margins moving forward.The Information and Communications Technology (“ICT”) segment continued its steady performance, contributing RM2.8 million in revenue and RM0.6 million in PBT. This reflects the success of the Group’s diversification strategy and its ability to capitalise on growth opportunities in the digital technology sector.For Q1 FY2025, the Group reported a LBT of RM4.0 million, compared to a PBT of RM0.9 million in Q1 FY2024. This was due to higher corporate administrative expenses, including professional charges and staff costs, along with a fair value loss of RM0.5 million on quoted shares and goodwill impairment losses of RM0.2 million. The absence of one-off gains recorded in the previous year further impacted the overall comparative performance.Despite these challenges, the Group remains well-positioned for future growth, with total equity of RM102.5 million and cash and cash equivalents of RM19.8 million as of 30 September 2024. This robust position enables PGB to invest in strategic initiatives and confidently navigate market uncertainties while maintaining a focus on long term value creation for stakeholders.Ms. Angeline Lee, Executive Director / Group Chief Executive Officer of Propel Global commented, “Our Q1 FY2025 results highlight the resilience of our business amidst external challenges. While foreign exchange losses and the absence of one-off gains impacted our profitability, our revenue growth reflects the strength of our core operations and ongoing diversification efforts.”She added, “With our increased stake in Best Wide Engineering Sdn. Bhd. (“BWE”) to 90.0%, we are well-positioned to capitalise on opportunities in the oil and gas sector, particularly as Petronas continues its RM60 billion capital expenditure. Additionally, our focus on HVAC services aligns with Malaysia’s sustainability goals under the National Energy Transition Roadmap (NETR) and Budget 2025, positioning us to meet the rising demand for energy-efficient solutions.”The Group remains optimistic about its growth prospects in fiscal year 2025 (“FY2025”). In the O&G segment, Petronas’ substantial investments, including RM10 billion in recently awarded contracts for Maintenance, Construction, and Modification (“MCM”) projects, provide a solid foundation for growth. The HVAC segment is set to benefit from Malaysia’s ambitious sustainability goals, with RM300 million allocated under Budget 2025 to support green initiatives and the potential introduction of a carbon tax in 2026 further encouraging businesses to adopt eco-friendly practices. PGB’s expertise in energy-efficient solutions positions the Group to capitalise on these trends.While global economic uncertainties persist, driven by geopolitical tensions and potential supply chain disruptions following the recent US presidential election, Malaysia’s economy is expected to grow steadily, with GDP forecasted to rise by 4.5% to 5.5% in 2025. This positive outlook, supported by a historic RM421 billion in expenditure under Budget 2025, underscores the Group’s confidence in its ability to navigate challenges and deliver sustainable growth for its stakeholders.ABOUT PROPEL GLOBAL BERHADPropel Global Berhad (“Propel Global” or the “Group”) is a provider of oil and gas (O&G) services, including the supply and provision of maintenance services for air-conditioning and ventilation systems, alongside specialised oilfield services such as pipe recovery, well intervention, diagnostic and sand management, and production enhancement. The Group also offers engineering and technical works for the O&G industry. In addition, Propel Global provides technical services for industrial, commercial, and residential construction and office maintenance, as well as ICT services, including trading in hardware, software, and spare parts. The Group also engages in investment holding activities.Issued By: Swan Consultancy Sdn. Bhd. on behalf of Propel Global BerhadFor more information, please contact:Jazzmin WanEmail: j.wan@swanconsultancy.bizXinyi ChingEmail: x.ching@swanconsultancy.biz Copyright 2024 ACN Newswire via SeaPRwire.com.

SINGAPORE, Nov 27, 2024 - (ACN Newswire via SeaPRwire.com) - Art lovers, get ready for an unforgettable journey into the world of Jean-Michel Basquiat! This December, Singapore will host the global debut of Behind the Canvas Series 1: Jean-Michel Basquiat, an immersive experience celebrating the life and work of one of the most influential artists of our time. Running from 16th December 2024 to 6th March 2025 at Marina Bay Sands, this experience is set to captivate audiences with a fresh, engaging take on Basquiat’s artistic legacy.Untitled (Crown), 1988© Estate of Jean-Michel Basquiat. Licensed by Artestar, New York.This 3-month long initiative, presented by Covenant ART — a platform for art-led immersive concepts founded by entrepreneurs Jude Robert and Angelito Perez Tan, Jr. — in partnership with prominent New York collector and publisher Larry Warsh’s House of Inspiration, and with the support of our associate partners AKG Ventures, SEA Pixel Investments, Meridian Alpha Family Office, and Alpha-Omega Holdings, brings art appreciation to a wider audience. Behind the Canvas Series 1: Jean-Michel Basquiat reimagines the stories of iconic artists through innovative, experiential showcases, making art accessible and relatable to everyone.A Celebration of Art and LegacyUntitled, 1983© Estate of Jean-Michel Basquiat. Licensed by Artestar, New York.American artist - Jean-Michel Basquiat broke boundaries and revolutionised contemporary art. Known for his raw, emotive style that seamlessly merged into neo-expressionism paintings, Basquiat’s work continues to resonate across generations while reflecting the thought-provoking themes of identity, race and social dynamics. With the support of the Basquiat Estate, and their global licensing agency Artestar, Behind the Canvas Series 1: Jean-Michel Basquiat will be the first of its kind, focusing on Basquiat's artistic journey, offering an unprecedented look into his life, artistic evolution, and cultural impact.Visitors will embark on an immersive exploration of Basquiat’s formative years, his inspirations, and the pivotal moments that defined his career. Through interactive installations, rare archival materials, and multisensory experiences, the 3-month experience aims to deepen appreciation for Basquiat’s creativity while fostering introspection and dialogue about the themes his art represents.“We are honoured to be able to bring Jean-Michel Basquiat’s story and artistry to a new audience in Asia. Basquiat's work transcends time, culture, and boundaries, and introducing his raw creativity and unique perspective to a new region feels especially meaningful,” says Larry Warsh, founder of House of Inspiration and publisher of No More Rulers, a publishing house focused on art-related tomes.Singapore: A Hub for Artistic InnovationLeft to Right: Untitled (Bust), 1984; Pez Dispenser, 1984; Trumpet, 1984© Estate of Jean-Michel Basquiat. Licensed by Artestar, New York.Behind the Canvas Series 1: Jean-Michel Basquiat aims to make art more approachable, accessible, and relatable to all. As the inaugural stop for the Behind the Canvas series, Singapore solidifies its position as a leading cultural hub. Plans are already in motion to bring future editions of the series to other major cities across Asia."I am thrilled to introduce our first instalment of the Behind the Canvas Series in Asia. After years of living abroad in China and growing companies in the luxury and arts sector, launching this original immersive concept in my home country Singapore is deeply personal. Jean-Michel Basquiat is a true artist, and we hope that our Behind the Canvas Series 1: Jean-Michel Basquiat experience will serve as a catalyst for creativity and connection, demonstrating why his work remains so relevant today,” shared Jude Robert, co-founder of Covenant ART. “Working closely with the National Arts Council and Singapore Tourism Board, it is an absolute pleasure to help foster and elevate the creative landscape in our city-state."Mitchell Crew, 1983© Estate of Jean-Michel Basquiat. Licensed by Artestar, New York. The immersive experience is part of the highly anticipated Singapore Art Week in January 2025, an annual celebration that invites everyone to experience the richness of the arts.“We are excited to partner with Covenant ART for the Behind the Canvas series as they promote artistic excellence and inspire artistic appreciation and dialogue,” says Sam Lay, Director, Strategic Partnerships & Engagement at the National Arts Council. “Such partnerships are important to the Singapore Art Week as we work closely with the visual arts community and stakeholders to strengthen Singapore’s position as a globally connected arts hub. We invite people of all walks of life to enjoy this pinnacle visual arts season and engage with the arts!”Don’t miss this one-of-a-kind experience. Visit www.covenantexperiences.com to learn more about Behind the Canvas Series 1: Jean-Michel Basquiat.About Covenant ARTCovenant ART creates and produces original art-led immersive experiences that seamlessly blend storytelling and cutting-edge technology to captivate new audiences. We believe that the story and inspiration behind an artist's work can often be as beautiful as the artwork itself, and our goal is to bring that vision to life in every original experience we create. We work together with our partners to showcase the world’s most iconic contemporary artists in an innovative and immersive environment, cultivating a new generation of art lovers and enthusiasts.About House of InspirationHouse of Inspiration is an artistic platform that brings the coolest, most iconic, inspiring and boundary-breaking contemporary artists and creatives to cultural enthusiasts around the world through publishing, exhibitions, innovative products and experiences.The mission of the platform is to cultivate appreciation of the arts, bringing more consciousness and positivity to the world through art, and encourage creative expression in all forms.About Marina Bay Sands Pte LtdMarina Bay Sands is Asia’s leading business, leisure and entertainment destination. The integrated resort features Singapore’s largest hotel with approximately 1,850 luxurious rooms and suites, crowned by the spectacular Sands SkyPark and iconic infinity pool. Its stunning architecture and compelling programming, including state-of-the-art convention and exhibition facilities, Asia’s best luxury shopping mall, world-class dining and entertainment, as well as cutting-edge exhibitions at ArtScience Museum, have transformed the country’s skyline and tourism landscape since it opened in 2010.Marina Bay Sands is dedicated to being a good corporate citizen to serve its people, communities and environment. As one of the largest players in hospitality, it employs more than 11,500 Team Members across the property. It drives social impact through its community engagement programme, Sands Cares, and leads environmental stewardship through its global sustainability programme, Sands ECO360.For more information, please visit www.marinabaysands.com Associate PartnersAbout AKG VenturesAKG Ventures, a global macro hedge fund led by Franklin Li, combines advanced data and event analysis with deep research expertise. The firm transforms global macroeconomic events and market volatility into investment opportunities, believing that every fluctuation carries the potential to shape the future. Franklin is a legendary trader in Asia and has invested in and incubated several internationally renowned unicorns. He has a personal passion in the humanities & arts and is an avid collector and philanthropist.About SEA PixelSEA Pixel Investments is a Singapore-based Venture Fund with investments spanning from South-east Asia, Hong Kong, China, Northern and Southern America. SEA Pixel investment portfolio includes well known companies such as Lalamove and Tencent-backed Xingsheng Youxuan, and is an early LP in Infinity Ventures Crypto (IVC) Fund, Web 3.0, GameFi and DeFi, co-investor with IVC.About Meridian AlphaMeridian Alpha Family Office leverages its extensive partner network to curate investment opportunities for our family and other ultra-high-net-worth families, focusing on long-term success and cultivating sustainable partnerships.About Alpha-Omega HoldingsAlpha-Omega Holdings is a family office based in Singapore and London, investing across real estate, technology ventures and special sits, taking a long view towards preserving and growing multigenerational wealth while making a positive impact.Follow us on social media -Instagram: @basquiatexperience.sgTikTok: @basquiatexperience.sgFacebook: basquiatexperience.sgREDbook: Behind The CanvasWeChat: Behind The CanvasFor media enquiries, please contact:JMB@invade.co Copyright 2024 ACN Newswire via SeaPRwire.com.

Highlights- Revenue amounted to HK$683.7million, an increase of 257% from the last corresponding period.- Net profit for the period was HK$52.6 million, representing a decrease of 52.7%.- The Board resolved not to declare any interim dividend for FH 2024/25.- Develop the two new data centres iTech Tower 3.1 and 3.2 in Fanling in good shape.- Continue to sell the remaining units of The Grand Marine and Cristallo.HONG KONG, Nov 26, 2024 - (ACN Newswire via SeaPRwire.com) - Grand Ming Group Holdings Limited (the "Company" and together with its subsidiaries, the "Group", stock code: 1271.HK) today announces its interim results for the six months ended 30 September 2024 ("FH 2024/25").The Group's consolidated revenue increased by 257% from HK$191.7 million for the six months ended 30 September 2023 ("FH 2023/24") to HK$683.7 million for FH 2024/25. The Group recorded a net profit of HK$52.6 million for FH 2023/24, representing a decrease by 52.7% when compared to that of HK$111.1 million for FH 2023/24. Basic earnings per share was 3.7 HK cents (FH2022/23: 7.8 HK cents). The Group's underlying profit for FH 2024/25, excluding the effect of the change in fair value of investment properties, amounted to HK$27.0 million, representing an increase of 19.8 times as compared to an underlying profit of HK$1.3 million for FH 2023/24. Increase in revenue and underlying profits were mainly attributable to increase in units of “The Grand Marine” and “The Grands” completed and handed over to buyers during the period under review.With challenging market landscape and adhering to prudent financial management, the Board resolves not to declare any interim dividend for FH 2024/25.The Group has demonstrated a high level of expertise in initiating and executing property development projects. At present, the Group’s completed property projects for sale include "The Grand Marine" at Tsing Yi, “The Grands” at To Kwa Wan, and “Cristallo” at Kowloon Tong.The residential development project “The Grand Marine” is located at No. 18 Sai Shan Road, Tsing Yi, the New Territories. It offers 776 units with a total gross floor area of approximately 400,000 square feet. Market response was overwhelming with all typical units being sold and only a few special units remained available for sale. During the period under review, around 4% (in terms of units) of the total units were handed over to buyers with related revenue recognised in FH 2024/25.The residential-cum-commercial development project “The Grands”, located at No. 45 Pau Chung Street, To Kwa Wan, Kowloon in close proximity to MTR To Kwa Wan station, provides 76 residential units with commercial shops on the ground and first floor covering a total gross floor area of approximately 31,000 square feet. This project was also well received and all residential units had been sold. During the period under review, around 18% (in terms of units) of the residential units were handed over to buyers with related revenue recognised in FH 2024/25.The luxury residential project at No. 279 Prince’s Road West, Kowloon, namely “Cristallo”, was well received in the market. Cumulatively 15 out of the total 18 units had been sold. In November 2024, one apartment was sold and completion of the sales is scheduled to take place in November 2025.The Group continued to execute its two property development projects located at No.1 Luen Fat Street, Fanling, and No. 66 Fort Street and No. 57 Kin Wah Street, North Point respectively.The site situated at No.1 Luen Fat Street, Fanling, the New Territories, is developing into a 17-storey residential-cum-commercial tower plus two-level underground car park with a total gross floor area of approximately 36,000 square feet. Superstructure works has been progressing well and the development is scheduled to be completed in or around mid-2025. In September 2024, the Group accepted the offer from the Lands Department in respect of the land premium for the proposed in-situ land exchange. A deposit of the same was subsequently paid in October 2024.The project in North Point comprises two sites at No. 66 Fort Street and No. 57 Kin Wah Street, North Point, Hong Kong, with a total gross floor area of approximately 30,000 square feet. The site at No. 57 Kin Wah Street will be developed into a 27-storey residential tower, while the site at No. 66 Fort Street will be developed into a single-storey commercial shop. Foundation works is in progress and the project is expected to be completed in or around the second half of 2027.The balanced portfolio development initiative also includes geographical footprint expansion. The Group's development project in Mainland China is located in the Guangxi-ASEAN Economic and Technological Development Zone, Wuming District, Nanning City, Guangxi Province, with a gross floor area of approximately 1,435,000 square feet. It will develop into a luxury residential project with a leisure and healthy lifestyle theme, comprising high-rise apartments and villas, complemented by facilities including commercial and a wellness centre. It will target at the elderly, retirees and their families. Superstructure works of the high-rise apartments and basement construction works for the remaining part of the site are now underway. The development is expected to be completed in or around the second half of 2026.The data centre leasing business sustain a steady development. The Group currently owns two data centres, iTech Tower 1 and iTech Tower 2. Revenue from its leasing business increased by 4.3% year on year to HK$139.0 million. This was mainly due to increasing power consumption by customers.Construction works of the two new data centres in Fanling, the New Territories, namely iTech Tower 3.1 and iTech Tower 3.2, are progressing well. For iTech Tower 3.1, installation of the electrical and mechanical equipment and internal fitting out works are now underway. This data centre is scheduled for phased delivery starting mid-2025. For iTech Tower 3.2, foundation works had completed and superstructure works has commenced. This development is scheduled to be completed in or around 2026.Mr. Chan Hung Ming, Chairman and Executive Director of Grand Ming Group Holdings concluded, “Our successful business evolution and transformation into a property development company gives us the confidence to address macro trends and market dynamics in a challenging economic environment. Our balanced operating and property portfolio, demand-driven development pipeline, committed management and continuous evolutionary mindset position us well to weather the current volatility while staying the course to drive future growth and value creation.”“The economic landscape remains challenging and highly volatile. The geopolitical tension, Sino-US relations and trends of interest rates pose considerable uncertainty in the economy outlook. Despite of these uncertainties, we remain steadfast in our strategy and cautiously optimistic of the medium and long term prospects of the Hong Kong and Mainland property market. We will focus on the completion and delivery of our development projects. Furthermore, we will closely monitor the market changes and continue to market the remaining units of ‘The Grand Marine’ and ‘Cristallo’. We also relentlessly focus in managing our financial resources and position, including cash flow generation from our business operations and the gearing level, as well as explore refinancing opportunities that will enhance the Group’s financial position to pursue a long-term sustainable growth and development. Meanwhile, we have initiated the preparatory works for the pre-sale of Fanling Luen Fat Street residential project, which is scheduled to take place in the second half of 2025.”“We are on the right track to seize the opportunities of the era for the emergence and widespread use of AI which gives rise to an increasing demand for data centre with hyperscale facilities. iTech Tower 3.1 and 3.2 have been designed to cater for AI workloads and cloud computing. We are working diligently with the customer to ensure delivery of the data centre of iTech Tower 3.1 meets their requirement. Besides, discussion with potential customer for leasing iTech Tower 3.2 has commenced. At the same time, we maintain our commitment of delivering reliable services and support to our customers of iTech Tower 1 and 2, and maintaining and upgrading the mechanical and electrical provisions in these two data centres so as to keep abreast of the technological trends and changes.”About Grand Ming Group Holdings Limited (Stock code: 1271.HK)The Group is principally engaged in the business of property development and property leasing, as well as building construction. As a local wholesale co-location provider of high-tier data centres, the Group is one of the dedicated service providers in Hong Kong which owns and uses the entire building for leasing to customers for data centre use. Its clientele includes multinational data centre operator, telecommunications company and financial institutions. The Group owns two high-tier data centre buildings, namely iTech Tower 1 and iTech Tower 2. It also acquired two pieces of land in Fanling, the New Territories for developing into two high-tier data centres which have been named as iTech Tower 3.1 and 3.2. Furthermore, the Group’s property development projects for sale include "The Grand Marine" at No.18 Sai Shan Road, Tsing Yi, "The Grands" at No. 45 Pau Chung Street, To Kwa Wan and “Cristallo” at No. 279 Prince’s Edward Road West. Besides, property development in progress includes a site located at No.1 Luen Fat Street, Fanling and a site located at No. 66 Fort Street and No. 57 Kin Wah Street, North Point. In Mainland China the Group owns a piece of land at Guangxi-ASEAN Economic and Technological Development Zone, Wuming District, Nanning City, Guangxi Province for development into a luxury residential project under the theme of leisure and healthy lifestyle. Media Contacts:Angel Yeung | Jovian Communications Ltd |Email: news@joviancomm.com Copyright 2024 ACN Newswire via SeaPRwire.com.

Key Financial Performance Highlights for Q1FY2025:Group’s total revenue for the quarter is RM40.2 million, contributed primarily by key clients in the e-mobility and energy storage segment, supplemented by the electronics segment.Recorded PAT of RM4.1million for the quarter under review.GP, PBT, PAT, and PATAMI margins remain in the double-digit levels at 18.2%, 10.9%, 10.2% and 11.9%, respectively due to continued cost discipline.BANGI, Malaysia, Nov 27, 2024 - (ACN Newswire via SeaPRwire.com) - Technology leader in providing turnkey, intelligent manufacturing automation solutions, GENETEC TECHNOLOGY BERHAD (“Genetec” or the “Company”), announced its financial results for the first quarter of its new financial year (“Q1FY2025). Despite the lower Year-on-Year (“YoY”) revenue, Genetec showcases its resilience with the continued profitability and high-double digit margins.The Company recorded revenue of RM40.2 million and gross profit (“GP”) of RM7.3 million for its Q1FY2025 ending 30 September 2024. It also reported profit before tax (“PBT”) of RM4.4 million, profit after tax (“PAT”) of RM4.1 million and profit after tax and minority interest (PATAMI) of RM4.8 million. Genetec continues to maintain double-digit margins for its GP, PBT, PAT and PATAMI of 18.2%, 10.9%, 10.2% and 11.9%, respectively.Genetec acknowledged that the last quarter has been challenging for the business which it believes was mainly attributed to policy uncertainties from the client’s operating markets. With the conclusion of the U.S. Presidential election and European policy developments, particularly on inflation, import tariffs, and decarbonisation, there is a sense of relief and clarity, and companies are moving forward with their capital expenditure with greater certainty.The Company, leveraging its expertise in customised automation technology and project execution, continue to work closely with its clients to deliver tailored solutions aimed at enhancing manufacturing automation, improving efficiency and increasing production yield for its clients. With its strong track record, Genetec is confident in its ability to continue to build trust and secure recurring business from its clients. Its high client retention rate stands as a testament to its exceptional performance and has been a key factor in the Company’s success. This strong foundation enables the Company to broaden its scope and product offerings with other divisions within the organisation of its existing clients to grow revenue over the long-term. At the same time, the Company’s business development team continue to explore new opportunities in new markets and industries, leveraging on its extensive experience and proven success working with leading international and reputable clients.Genetec’s Battery Energy Storage System (“BESS”) business is slowly gaining traction as it executes smaller-scale but strategically significant projects in both domestic and international markets. The Company remains confident that its execution capabilities and international track record will position Genetec favourably. Market developments such as the government’s recently announced Corporate Renewable Energy Supply Scheme (CRESS) through interest in pairing BESS technology with solar projects, will also support demand for BESS moving forward, and is a step in achieving 70 percent renewable energy in the capacity mix by 2050[1].Moving forward, Genetec remains committed to its strategy and focus on operational efficiency, strict cost management. With its low gearing levels and recent sale of subsidiary CLT Engineering Sdn Bhd to add to its already strong cash position, Genetec is positioning itself to ramp up operations in the coming months.About Genetec Technology BerhadGenetec Technology Berhad is a technology leader in providing customised full turnkey smart factory automation manufacturing lines. It is a public company listed on the Main Market of Bursa Malaysia Securities Berhad (Stock code: 0104). Its principal business focus is in the provision of high-quality, responsive and cost-effective designs, as well as the manufacturing of automated industrial systems, equipment and value-added services for its global customers in the Electric Vehicle (EV), Energy Storage, Automotive, Hard Disk Drive (HDD), Consumer Goods and Healthcare sectors.For more information please visit: https://genetec.net/.Issued by: Narro Communications on behalf of Genetec Technology Berhad[1] Source: Suruhanjaya Tenaga – Guidelines for CRESS Copyright 2024 ACN Newswire via SeaPRwire.com.

KUALA LUMPUR, Nov 27, 2024 - (ACN Newswire via SeaPRwire.com) - RichTech Digital Berhad (“RichTech” or the “Company”), a company involves in the distribution of electronic reloads and provision of bill payment services in Malaysia, is pleased to announce the signing of underwriting agreement with KAF Investment Bank Berhad (“KAF”) for its upcoming public offering in conjunction with the listing on the ACE Market of Bursa Malaysia Securities Berhad (“ACE Market”). This pivotal milestone underscores RichTech’s determination to continued innovation and growth in the electronic reloads and bill payment sector of Malaysia.1. Ms. Agnes Wong Eei Nien, Executive Director of RichTech Digital Berhad2. Mr. Lee Teik Keong, Managing Director of RichTech Digital Berhad3. Mr. Wong Koon Wai, Non-Independent Non-Executive Chairman of RichTech Digital Berhad4. En. Rohaizad Ismail, Chief Executive Officer of KAF Investment Bank Berhad5. Mr. Yap Chin Fatt, Director, Corporate Finance of KAF Investment Bank Berhad [L-R]Established in 2010, RichTech is a leading provider of electronic reloads and bill payment services in Malaysia, powered by its proprietary SRS platform. The platform enables electronic reloads for mobile airtime and data, prepaid digital TV, gaming credits, application credit, and e-wallet credit, as well as bill payments for postpaid mobile network, utilities, maintenance services of national sewerage systems, internet, postpaid digital TV, quit rent, assessment payment, and education loans. It serves over 4 million users nationwide.This Initial Public Offering (“IPO”) exercise will involve a public issue of 54.66 million new ordinary shares (“Issue Shares”) and 25.31 million existing shares to be offered under Offer for Sale (“Offer Shares”), collectively representing 39.50% of the Company’s enlarged issued share capital. The allocation of the Issue Shares and Offer Shares are as follows:The allocation of Issue Shares will be offered in the following manner: -1. Shares for the Malaysian Public via Balloting:- 10.12 million Issue Shares, equally distributed between Bumiputera and non-Bumiputera investors (5% of the enlarged issued share capital).2. Allocation to Eligible Directors and Employees:- 1.55 million Issue Shares (0.77% of the enlarged issued share capital).3. Private Placement to Selected Investors:- 42.99 million Issue Shares (21.23% of the enlarged issued share capital).4. Offer for Sale via Private Placement to Selected Investors:- 25.31 million Offer Shars (12.50% of the enlarged issued share capital).KAF, in its role as Principal Adviser, Sponsor, Underwriter, and Placement Agent, will underwrite 11.67 million Issue Shares allocated for the Malaysian public and eligible individuals.Mr. Lee Teik Keong, Managing Director of RichTech, said, “The partnership with KAF enables us to take our services to greater heights while strengthening our ability to serve the growing market. With the funds raised, we will focus on expanding our SRS platform, enhancing our technological infrastructure, and introducing innovative services to cater to evolving consumer needs.”Rohaizad Ismail, Chief Executive Officer of KAF, remarked, “It is our honour to be part of RichTech’s remarkable journey to the ACE Market. RichTech’s focus on service excellence positions it as a key player in Malaysia’s electronic reloads and bill payment sector. This IPO will equip the company with the resources it needs to scale its impact and deliver exceptional value to its stakeholders.”RichTech will utilise IPO proceeds to fuel growth in the distribution of electronic reloads and provision of bill payment services, including marketing efforts to expand its SRS corporate and end-user base, as well as utilising the proceeds for general working capital purposes. A portion will fund the acquisition of a new office to consolidate its headquarters and branch under one roof, enhancing corporate profiling and operational efficiency. The remainder will cover listing expenses pertaining to its ACE Market debut and support strategic growth initiatives. The listing of RichTech on Bursa Securities will provide a solid platform for the company to accelerate its growth and advance its vision to become a leading force in Malaysia’s electronic reloads and bill payment industry.KAF Investment Bank Berhad is the Principal Adviser, Sponsor, Underwriter and Placement Agent. About RichTech Digital Berhad (“RichTech”)RichTech Digital Berhad is a leading provider of electronic reload and bill payment services in Malaysia, driven by its proprietary SRS platform. Established in 2010, the SRS platform enables electronic reloads for mobile airtime and data, prepaid digital TV, gaming credits, application credit, and e-wallet credit as well as bill payments for postpaid mobile network, utilities, maintenance services of national sewerage systems, internet, postpaid digital TV, quit rent, assessment, and education loans. With a network of over 4 million users nationwide, the Company delivers a one-stop solution with secure, scalable, and innovative technology to meet Malaysia’s growing demands on electronic reloads and bill payment sector.For more information, visit https://richtech.my/index.htmlIssued By: Swan Consultancy Sdn. Bhd. on behalf of RichTech Digital BerhadFor more information, please contact:Jazzmin WanEmail: j.wan@swanconsultancy.bizXinyi ChingEmail: x.ching@swanconsultancy.biz Copyright 2024 ACN Newswire via SeaPRwire.com.

CASCAIS, PORTUGAL, Nov 27, 2024 - (ACN Newswire via SeaPRwire.com) - "Yayasan Kota Kita Surakarta", an organization based in Indonesia, is one of ten global grassroots initiatives recognized by the prestigious Intercultural Innovation Hub, a joint initiative of the United Nations Alliance of Civilizations (UNAOC) and the BMW Group, implemented with the support of Accenture, during a Ceremony held in the framework of the 10th UNAOC Global Forum in Cascais, Portugal under the theme "United in Peace: Restoring Trust, Reshaping the Future - Reflecting on Two Decades of Dialogue for Humanity". The Forum convened prominent figures, political leaders, UN officials including the United Nations Secretary-General, António Guterres, as well as representatives from civil society, academia, and the private sector, to share insights and reflect on the 20 years of the United Nations Alliance of Civilizations' impactful work.Selected for their project "Surakarta Space Shaper: Empowering Children to Design Child-friendly and Inclusive City", the organization transforms the approach to urban development by empowering children from diverse backgrounds to become future urban leaders. Through training and workshops, the programme fosters collaboration, builds confidence in children, and equips them to actively shape their city's future. Focused on creating child-friendly and inclusive cities, Surakarta Space Shaper empowers young leaders to engage in meaningful and participatory decision-making that improves urban environments for all. It also fosters a sense of urban citizenship, encouraging children to respect and integrate diverse cultural perspectives as they actively participate in the design and development of their city."The support of the Intercultural Innovation Hub will significantly contribute to our efforts in elevating the role of children in shaping our cities. By fostering intercultural understanding, we can ensure that children's voices are heard and valued, leading to more inclusive and vibrant urban spaces for all," said Nina Asterina, Program Manager for Urban Inclusivity Initiatives at Yayasan Kota Kita Surakarta.The Intercultural Innovation Hub supports grassroots initiatives that promote intercultural dialogue and understanding, thereby contributing to peace, cultural diversity, and more inclusive societies. This year's Ceremony was chaired by Mr. Miguel Ángel Moratinos, UN Under-Secretary-General and the High Representative for UNAOC, and Ms. Ilka Horstmeier, Member of the Board of Management of BMW AG People and Real Estate, Labour Relations Director.Through the Intercultural Innovation Hub, Yayasan Kota Kita Surakarta will receive a financial grant, as well as one year of capacity-building and mentorship support from UNAOC, the BMW Group, and Accenture, to help strengthen the "Surakarta Space Shaper: Empowering Children to Design Child-friendly and Inclusive City" project and its contribution towards a more inclusive society. This model of collaboration between the United Nations and the private sector creates a more profound impact, as partners provide their respective expertise to ensure the sustainable growth of each supported project.Learn more about the project: https://interculturalinnovation.org/yayasan-kota-kita-surakarta-surakarta-space-shaper-empowering-children-to-design-child-friendly-and-inclusive-cityMedia inquiries:- Milena Pighi, TeamLead and Spokesperson Corporate Citizenship, BMW Group, Milena.PA.Pighi@bmw.de- Mr. Alessandro Girola, Chief, Programming and Projects Unit, UNAOC, alessandro.girola@un.orgSOURCE: UNAOC Copyright 2024 ACN Newswire via SeaPRwire.com.

MANILA, Nov 27, 2024 - (ACN Newswire via SeaPRwire.com) - foundit (formerly Monster APAC & ME) Asia’s leading jobs and talent platform, has unveiled its latest foundit Insights Tracker (fit) report, showcasing a remarkable 20% annual increase in hiring activity in the Philippines for October 2024. This surge, driven by strategic economic reforms and infrastructure development, highlights the region’s potential for robust economic growth.The fit report indicates a significant rise in hiring activity, with the index reaching 163 in October 2024, up from 118 in October 2023. This 20% annual increase underscores the robust recruitment momentum in the Philippines.Additionally, hiring activity saw a 15% month-over-month increase, with the index rising from 142 in September 2024 to 163 in October 2024, reflecting a strengthening job market. Over the past six months, hiring activity surged by 21%, driven by government initiatives focused on infrastructure development and economic reforms aimed at attracting foreign direct investments (FDI).The Retail sector experienced a 119% year-over-year increase in hiring demand, driven by the e-commerce boom. This surge highlights the growing importance of digital transformation in meeting consumer needs. The Logistics, Courier, Freight, and Transportation sector saw a 78% annual growth, reflecting expanded supply chain operations. The Advertising, Market Research, Public Relations, Media, and Entertainment sector recorded a 70% increase in hiring activity, showcasing the dynamic nature of these fields.Notably, there was a 127% increase in hiring for sales and business development roles, indicating a strategic shift towards strengthening sales networks. Purchase, Logistics, and Supply Chain roles saw a 103% rise, aligning with the broader industry trend of optimising supply chains. Marketing and Communications roles experienced a 69% increase, driven by a focus on influencer marketing and brand engagement.The Philippines' impressive hiring trends signal a strong economic recovery and a significant opportunity for Southeast Asia as a whole. With enhanced infrastructure and increasing foreign investments, particularly in the retail sector, the Philippines is setting an example for neighbouring countries to emulate.Foreign investments are driving job creation in key industries such as Retail, Logistics, and Media. In retail, companies are establishing new distribution hubs and retail outlets that connect Southeast Asian regions, strengthening cross-border trade and economic ties. This creates a ripple effect, fostering regional collaboration and encouraging countries like Malaysia to leverage similar growth opportunities in their own retail sectors.By sharing resources and adopting best practices, Southeast Asian nations can enhance economic resilience, promote a more integrated job market, and collectively unlock growth across the region.Timeframe for the ReportThe timeframe for the fit data is October 2023 to October 2024.About foundit - APAC & Middle Eastfoundit, formerly Monster (APAC & ME) is Asia’s leading jobs & talent platform offering comprehensive employment solutions to recruiters and job seekers across APAC & ME. In addition to a powerful AI-powered job search, foundit offers e-learning, assessments, and services related to resume creation, interview preparation, and professional networking. Since its inception, the company has assisted over 120 million job seekers across 18 countries in connecting them with the right job opportunities and upskilling. foundit is now also the Official Talent Partner of the Badminton World Federation across 20 key world tour events. Over the last two decades, the company has been a leader in the world of recruitment solutions and has launched a cutting-edge solution to give recruiters access to passive candidates in addition to active ones. With the use of advanced technology, foundit is seeking to efficiently bridge the talent gap across industry verticals, experience levels, and geographies. Today, foundit is committed to enabling and connecting the right talent with the right opportunities by harnessing the power of deep tech to sharpen hyper-personalised job searches and offer precision hiring. Additionally, foundit has been recognised as a Great Place To Work, reflecting its dedication to fostering a supportive and dynamic work culture. To learn more about foundit in APAC & Gulf, visit: www.foundit.in | www.founditgulf.com | www.foundit.sg | www.foundit.my |www.foundit.com.ph | www.foundit.hk| www.foundit.id Contact: Namrata SharmaNamrata.sharma@adfactorspr.com+6581383034 Copyright 2024 ACN Newswire via SeaPRwire.com.