FEATURED NEWS
- October 14, 2024Business
JD.com Report: China’s Silver Generation Adopts Youthful Shopping Trends
On the occasion of China’s Double Ninth Festival – a traditional event on the ninth day of the ninth lunar month – JD.com’s Consumption and Industry Development Research Institute has released its “ 2024 Silver-Haired Consumer Report. ” The report highlights an increasing convergence between the spending habits of China’s older and younger generations. The report, based on surveys of 500 older adults and 500 younger individuals, identifies similarities in consumer preferences across areas such as, fitness, travel, skincare, and lifestyle. It reveals that China’s older adults are rapidly becoming a key force in the online consumer market, exhibiting greater spending power and a growing appetite for a wide range of modern products and services. Blurring the Boundaries One key finding is the increasing digital proficiency among older adults. According to the report, 60.7% of older adults spend more than three hours a day online, engaging in activities such as online shopping, reading news, mobile payments, and video streaming. These activities have become an integral part of their daily lives, nearly matching the habits of younger generations. Online shopping by seniors has seen remarkable growth. From January to September 2024, the number of transactions, active shoppers, and spending by this group on JD increased by 238%, 187%, and 105%, respectively, compared to the same period in 2019. Their purchases range from basic necessities to high-tech gadgets and home appliances, with JD.com being the top choice for 95.3% of older shoppers. Data from the National Bureau of Statistics indicates that China’s population aged 60 and above reached 280 million in 2022, with over half being younger seniors aged 60-69. This demographic is generally well-educated, financially capable, and open to new experiences, leading to consumption habits increasingly similar to those of younger generations. The report notes that younger consumers’ spending trends are also influencing the lifestyles and consumption patterns of the elderly, further blurring the boundaries between the two groups. Growing Appetite for Modern Shopping Health and wellness have become major priorities for older adults, reflected in the rising demand for nutrition and fitness products. Sales of probiotics and health tonics increased more than tenfold and threefold, respectively, while fitness equipment like kettlebells and resistance bands more than doubled in sales. Additionally, sports gear for activities like badminton and pickleball saw an 80% increase in demand. Fashion and beauty spending among seniors has also surged. Jewelry and beauty product sales have climbed, with sales of rings up by 307% and jade necklaces by 132%,. Anti-aging skincare products and personalized fashion items have seen a more than tenfold increase in sales. Older consumers are not only embracing products designed for their age group but also cutting-edge technology . Sales of electric beds and shower chairs have grown by 152% and 202%, while smart locks and switches, like kitchen appliances, are becoming more common in senior households. Sales of smart bathroom cabinets, for instance, have risen by 277%. Beyond essential purchases, seniors are driving demand for leisure activities such as photography, travel, and music. Sales of instant cameras jumped by 165%, while live-streaming equipment and digital cameras saw sales double. Pet care is another area where spending has surged, with prescription pet food sales rising by 332% and pet health products growing by over 100%. (vivian.yang@jd.com)
- October 14, 2024Sports
Bathurst 1000 accelerates on Seven and 7plus Sport
Australia’s biggest motorsport event, the Supercars Championship Repco Bathurst 1000 from Mount Panorama, roared across the screens of Seven over the weekend, reaching 4.9 million on Seven and 7plus Sport. Yesterday’s race, which saw Brodie Kostecki and Todd Hazelwood from Erebus Motorsport win for the first time, alone reached 3.4 million people, with an average total TV audience of 1.22 million – up 3% on the 2023 race. The audience just on 7plus Sport was 102,000, up 26% on 2023. The thrilling action from Mount Panorama dominated its timeslot in total people, 25 to 54s and 16 to 39s. Across the Bathurst 1000 weekend, over 110 million minutes of action was streamed on 7plus Sport, with 7plus scoring a 55% commercial share of BVOD yesterday. Seven’s coverage of the Bathurst 1000 was proudly presented by Repco, Shannons, BP, Harvey Norman, Macca's, ALDI, Optus and The National Bowel Cancer Screening Program. Seven Network Executive Producer, Motorsport, Angela Rampal, said: “The Repco Bathurst 1000 is arguably the biggest weekend on Australia’s sporting calendar, and we are thrilled to have delivered another epic broadcast of the great race to viewers across the nation. “This year's race had everything – an epic finish, heart-stopping moments and deserved first-time Bathurst 1000 winners in Brodie Kostecki and Todd Hazelwood. This year’s race kept fans on the edge of their seats, making for an incredible 26 hours of live broadcasting. “Paired with the expertise of Seven's incomparable Supercars broadcast team, led by Mel McLaughlin, Mark Beretta, Chris Stubbs, Emma Freedman, Jack Perkins and Molly Taylor, we could not have asked for a better spectacle across the screens of Seven and 7plus Sport,” she said. Seven Network National Television Sales Director, Katie Finney, said: “The Bathurst 1000 is deeply ingrained in Australian culture, once again providing brands with an unparalleled platform on Seven and 7plus to engage high-value audiences on a massive scale across the entire 26 hours of live broadcast.” The Supercars action on Seven and 7plus Sport continues on 26 and 27 October with the Boost Mobile Gold Coast 500 , with the 2024 Championship wrapping up on 16 and 17 November with the VAILO Adelaide 500 . Supercars Championship Bathurst 1000 on Seven: • Bathurst 1000 Race : National reach 3.4 million, national audience 1.22 million. • Day Two Top 10 Shootout : National reach 1.32 million, national audience 674,000. • Day Two Supports : National reach 1.31 million, national audience 461,000. • Day Three Supports/Warm Up : National reach 1.91 million, national audience 513,000. • Day Two Practice : National reach 1.02 million, national audience 319,000. • Day One Qualifying : National reach 892,000, national audience 250,000. • Day One Supports : National reach 556,000, national audience 212,000. For further information, please contact: Neil Shoebridge M: 0417 511 012 E: neil@skmediagroup.com.au Emma Francis Senior Publicist, Sport M: 0415 721 413 E: efrancis@seven.com.au About the Seven Network The Seven Network is part of Seven West Media (ASX: SWM), one of Australia’s most prominent media companies, with a market-leading presence in content production across broadcast television, publishing and digital. The Seven Network alone reaches about 17 million people a month. The company owns some of Australia’s most renowned media businesses, including the Seven Network and its affiliate channels 7two, 7mate, 7flix and 7Bravo; the digital platform 7plus; 7NEWS.com.au ; The West Australian; The Sunday Times ; PerthNow ; The Nightly ; and Streamer. The Seven Network is home to Australia’s most loved news, sport and entertainment programming, including 7NEWS, 7NEWS Spotlight, Sunrise, The Morning Show, The Voice, Home and Away, Australian Idol, My Kitchen Rules, SAS Australia, Farmer Wants A Wife, The Chase Australia, Better Homes and Gardens, RFDS, The 1% Club and the TV WEEK Logie Awards . Seven Network is also the broadcast partner of the AFL, Cricket Australia and Supercars. Source: please contact Seven Network for source information.
- October 14, 2024Business
Equal Attention Needed for Gas Industry Players in Budget 2025, Urges MGA
The Malaysian Gas Association (MGA) calls for the Government to prioritise the gas industry in Budget 2025 to ensure Malaysia's sustainable transition to a low-carbon economy. MGA underscores the pivotal role of the gas industry as outlined in the National Energy Transition Roadmap (NETR). With the Responsible Transition Pathway 2050 (RT 2050) aiming to increase renewable energy (RE), phase out coal, pursue energy efficiency (EE) and expedite green mobility, the importance of natural gas as a crucial fuel becomes even more critical. Prime Minister’s statement in the NETR 2023 Executive Summary highlights, “Gas is not only a transitional fuel but also the primary contributor of Total Primary Energy Supply (TPES).” Similarly, the Minister of Economy emphasised, “The reliance on Natural Gas is addressed under Energy Security. Proactive initiatives are being undertaken to secure natural gas, such as infrastructure and commercial arrangements for the importation, including long-term agreements to stabilise fuel imports. At the same time, it is crucial to ensure natural gas prices for domestic consumers reflect market parity. This will enhance the attractiveness of Malaysia as an investment destination for the upstream sector as well as incentivise third-party suppliers to enter the domestic gas supply market, spurring the operationalization of TPA for the gas market.” Natural gas and Renewable are expected to play a pivotal role in Malaysia’s energy transition journey, while coal usage will diminish over time. In relation to the TPES, natural gas usage will be expanded both in terms of share and absolute terms from 41 Mtoe (43%) in 2023 to 57 Mtoe (56%) in 2050. Additionally, with the recent strong interest by data centres to set up their operations in Malaysia, the nation’s energy demand is expected to increase significantly, hence putting additional expectations on the energy sector, including the gas industry. Gas will play a greater role in ensuring energy security by 2050 and beyond. “MGA calls for a more inclusive and supportive Budget 2025 to ensure the gas industry can meet its expected role in Malaysia’s energy future. To fully realise its potential and drive the energy transition, the industry requires urgent government support. Given the heightened expectation on the role and contribution of gas, as stated in the NETR, it is reasonable for the gas industry to be accorded incentives that are similar to those given to the Renewable energy industry. This includes tax incentives, grants and funding that encourage continued and enhanced investments and development within the gas industry.” Abdul Aziz Othman, President of the Malaysian Gas Association (MGA), highlighted in a statement. In particular, incentives such as investment tax allowances should be enhanced for the following: 1. Supply Side – To develop and commercialize domestic gas supply. 2. Infrastructure – To maintain, upgrade, and build essential gas infrastructures such as processing facilities, pipelines, regasification terminals, etc. 3. Technology Advancement – To support innovation and the adoption of cutting-edge technologies like CCUS, gas development and production to ensure a cleaner gas form. 4. Capacity Building – To develop the skills and expertise required for the future of the gas industry. Improved Funding from the Financing Institution Abdul Aziz added that funding is a critical element that ensures NETR targets are achieved. Of late, there seem to be stricter requirements and limitations (fund allocation) for Oil and Gas (O&G) related projects. Based on the current trends in project funding/financing, the situation will get even tougher for the O&G industry. Immediate government intervention is required to reverse the concerning pattern by encouraging financial institutions to recognise the strategic importance of gas projects and provide sufficient support to the gas industry to achieve the NETR targets: 1. Allocation of sufficient funds to support gas-related investments. 2. Fair treatment of gas-related investments. 3. Minimise/reduce restrictive funding requirements. 4. Reasonable funding terms and conditions. MGA Urges for Equal Attention and Fair Treatment for the Gas Industry The gas industry is crucial for Malaysia’s aspiration towards Net Zero emissions. The right incentives and funding support are essential for gas industry players, predominantly local companies, to fulfil their expected role and meet the NETR targets. Strong support from the government is crucial to ensure the gas industry can contribute effectively to Malaysia’s energy security, energy transition goals and economic growth objectives. “Natural gas is a core fuel for Malaysia’s energy security. We urge the government and financial institutions to recognise the strategic importance of gas projects and provide the necessary support to the industry. Representing over 150 members, we are committed to engaging with financial institutions to clarify requirements and ensure our members, along with other industry players, have access to allocated funding, such as the RM 2 billion seed fund for the NETR related facilities and projects. To achieve our ambitious NETR targets, it is imperative that the gas industry receives the same level of support and incentives as the renewable energy sector. This includes tax incentives, grants and funding to encourage continued investment and development. Ultimately, MGA echoes the statements of other industry players, calling for sufficient incentives across all segments of the energy ecosystem. Each segment plays a crucial role in the energy transition journey. Therefore, equal attention and fair treatment must be given to all players to ensure a secure, robust and sustainable energy for the nation.” ### Photo 1- Abdul Aziz Othman, President of MGA emphasised its commitment to advocating for its members across the gas value chain About MGA: Founded in 1986, the Malaysian Gas Association (MGA) is the nation’s lead advocate for the natural gas industry, playing a prominent role in promoting engagement, discourse and dialogue with key stakeholders to develop a vibrant and sustainable gas industry, fuelling Malaysia's socio-economic growth. With more than 130 corporate members, MGA champions natural gas as a clean and efficient energy source to drive demand and increase industry participation. A charter member of IGU, MGA is also its Regional Coordinator and hosted the 25th World Gas Conference (WGC) in 2012 which was attended by more than 5,000 delegates from 90 countries. Website: www.malaysiangas.com X: @MGA_Official1 LinkedIn: https://www.linkedin.com/company/malaysian-gas-association-mga For media enquiries, please contact: Nabilah Zulkefli Email: nabilah@malaysiangas.com Mobile: +60 12 349 9596
- October 14, 2024Business
Towngas hosts Green Day tour to encourage youth with professional expertise
The Hong Kong and China Gas Company Limited (Towngas) continues its support for the HKSAR Government’s “Strive and Rise Programme”. On 12 October, Towngas hosted the Towngas Green Day, arranging for 48 new mentees and mentors from the second cohort of the programme to visit Towngas headquarters. The visit aimed to provide insights into the development of the gas industry in Hong Kong, as well as the Company’s applications in new energy, innovative technologies, and ESG initiatives. During this Towngas Green Day, mentees visited the Grid Control Centre to understand how Towngas monitors gas transmission and safety around the clock. They also toured Towngas’ award-winning Smart Warehouse, learning how technology is utilised to streamline operational processes, reduce manual handling, and enhance employee occupational safety and efficiency. Additionally, mentees explored the Towngas Hall of Innovation and the Hall of Future Energy at the headquarters. Towngas staff explained various gas engineering equipment and technologies developed in-house, providing mentees with a deeper understanding of renewable energy and energy management projects. Hannah, a mentee who participated in the Towngas Green Day tour, said, “I didn’t know much about Towngas before, but after this event, I’ve gained a deeper understanding of Towngas’ work in renewable energy and environmental protection, which is beneficial to my studies in related subjects.” Her mentor, Dr Jovi Lam, Chief Executive of The Hong Kong Medical Association, who attended the event with her, remarked, “The Strive and Rise Programme is a very meaningful initiative. Through this activity, I’ve witnessed Towngas’ support for the programme. At the same time, learning about Towngas’ business transformation and its work in social responsibility has also inspired my own work.” Another mentor-mentee pair, Mr Jack Li Ka-ho, AVP – Business Development of the Sustainability Green Energy Hub at Towngas, and his mentee Andimand, were also actively engaged in the event. Andimand said, “Before attending this event, I thought the work at Towngas might be rather dull. However, after experiencing the Company’s operations up close, I’ve seen the applications of various technologies. I was particularly impressed by our visit to the Customer Service Hotline Centre.” As his mentor, Mr Li said, “This is my second year as a mentor in the Strive and Rise Programme. It’s been rewarding to see the growth in my mentee, Andimand, who has become much more outgoing. The Towngas Green Day has given mentees valuable insights into our occupational safety and health practices, as well as our employee care initiatives. It’s a brilliant opportunity for them to witness first-hand how Towngas prioritises the well-being of its staff. I believe this experience will be truly beneficial for all the mentees.” Mentor Mr Billy Ho Chak-leung, Towngas Senior Manager – Fire Protection, said, “After seeing the mentees participate in a series of training and activities, not only have they learned practical knowledge beyond textbooks such as ‘personal development planning’, ‘financial planning’, and ‘workplace strategies’, they’ve also had opportunities to participate in group activities, enhancing their personal communication skills and social abilities, greatly boosting their self-confidence.” Mr Felix Lee Kin-ming, Head of Group ESG / Head of Group Corporate Affairs of Towngas, said, “While Towngas focuses on developing low-carbon energy to preserve a world with blue skies and clear seas for the next generation, we also emphasise nurturing and passing on knowledge to young people. The Strive and Rise Programme is an excellent example of this. Through sharing professional expertise, we aim to inspire students, deepen their understanding of the energy industry, corporate innovation, and ESG, while boosting their confidence. We hope that through such activities, we can work with the leaders of tomorrow to create a sustainable future.” - END - Press photos: Please click here to download the high-resolution images. Photo 1: The Towngas Green Day sets sail once again, with ovem 48 new mentees and mentors participating, continuing to create a bright future together. Photo 2: Mr Felix Lee Kin-ming, Head of Group ESG / Head of Group Corporate Affairs of Towngas, encourages mentees to look to the future, actively explore their interests, and find their career path. Photo 3: Mr Jack Li Ka-ho (left), mentor and AVP – Business Development of the Sustainability Green Energy Hub at Towngas, and his mentee Andimand attend the Towngas Green Day tour together. Mr Li uses his professional expertise to give Andimand a deeper understanding of Towngas’ operations. Photo 4: Hannah (left), a mentee, and her mentor Dr Jovi Lam (right), Chief Executive of The Hong Kong Medical Association, attend the Towngas Green Day tour together. Dr Lam said that learning about Towngas’ business transformation and its work in social responsibility has also inspired her own work. Photo 5: Mentor Mr Billy Ho Chak-leung, Towngas Senior Manager – Fire Protection, believes that the event has allowed mentees to participate in group activities, enhancing their personal communication skills and social abilities, greatly boosting their self-confidence. Photo 6: Mentees and mentors visit the Smart Warehouse to learn about technological applications in warehouse management. For media enquiries, please contact: The Hong Kong and China Gas Company Limited Ms May Tam Assistant Corporate Affairs Manager Tel: 2963 3475 / 9192 0062 Email: tam.may@towngas.com Mr Julius Chow Senior Corporate Affairs Officer Tel: 2963 3471 / 6969 1360 Email: julius.chow@towngas.com
- October 14, 2024Business
Coles opens its second world-class automated customer fulfilment centre in time for Christmas
Coles has marked a major milestone in its technology-led supply chain innovation journey, with the official opening of its second Customer Fulfilment Centre (CFC) in New South Wales, bringing together world-class technology and automation to enhance the shopping experience for Coles Online customers in greater Sydney. Located 40 kilometres west of Sydney’s CBD, the Wetherill Park CFC was opened this morning by the Federal member and Minister for Climate Change and Energy Chris Bowen, Coles Group Chairman James Graham and Coles Group CEO Leah Weckert. It’s the second of two CFCs to launch this year as part of a $400 million partnership with global leader in online grocery transformation, Ocado, with the first CFC opening in Truganina, Victoria last month. Once fully operational, the modern facility will deliver an enhanced shopping experience for online customers – with better availability, fewer substitutions, increased range of products and improvements in the shelf-life of staples like mince and milk. Coles Chief Executive Officer Leah Weckert expressed her excitement about the launch of Coles’ second Customer Fulfillment Centre (CFC) in New South Wales, with customers already reaping the benefits in both Victoria and New South Wales. "Today's launch marks a significant transformation of our online grocery delivery service for New South Wales. Across Victoria and New South Wales, we have already delivered more than 120,000 orders, the equivalent of 5.5 million products, with our customers getting near perfect orders with zero substitutions. This is an incredible result for our customers, and a testament to the world-class Ocado technology. "The launch of our CFCs in Victoria and New South Wales comes just in time for the busiest trading period – Christmas. With greater choice, better availability, improved freshness and more flexible delivery options, our CFCs are making it easier for our customers to shop this Christmas.” The New South Wales CFC’s delivery catchment is home to more than five million people and spans the growing Sydney region from Hazelbrook in the west across to Bondi in the east, and from Cowan in the north all the way down to Bargo. Tapping into the appetite for customers to create restaurant-quality meals at home, the CFC will house a range of specialty brands and local foods from smaller suppliers like Byron Bay Peanut Butter Company, who first started selling their product at local Byron Bay markets. The extended product ranges also span the health and dietary, vitamin and baby categories – with a wider selection of brands and products designed to support the growing needs of customers. There is an on-site bakery which will bake to order twice a day, and a fresh produce area where produce is cut and packaged to order, leading to less wastage. Customers will also have the choice of extended delivery windows from 5am to 10pm, with later cut-offs for both next day deliveries in the morning and evening. The CFC will use cutting-edge Ocado technology, utilising artificial intelligence, advanced robotics and automation to transform the way Coles Online orders are picked, packed and delivered. The Wetherill Park site has a footprint of more than 87,000 square metres — four times the size of the Sydney Cricket Ground — and can hold three million units of stock while having the ability to process more than 10,000 customer orders per day when running at full capacity. The state-of-the-art site features a centralised hub, known as ‘The Hive’, where a fleet of more than 700 bots will fulfill a customer order containing 50 items in just five minutes, while an artificial intelligence ‘air traffic’ control system will oversee the bots as they move around giant 3D grids, transporting containers of grocery items to be packed and delivered by Coles team members. The CFC will employ more than 1,000 team members, including drivers and fulfillment roles that will use high-tech packing equipment, and there will be a fleet of around 200 home delivery vans specially designed with dual compartments to ensure fresher products while reducing emissions and a side door to make it easier and safer for delivery drivers to unload. Delivery times will also be improved, with Ocado’s technology giving Coles the ability to calculate the most efficient routes based on real-time conditions and tonnage of the home delivery vans. Coles Group Chairman James Graham said he was pleased to see the latest investment in Coles’ technology strategy come to life. “The opening of our second CFC is the result of a five-year partnership with Ocado, whose global expertise is helping Coles innovate for our customers' evolving needs. “With the recent opening of our two automated distribution centres in Kemps Creek and in Redbank, Queensland, alongside our two Ocado CFC’s – the first in Victoria last month, and now here in Western Sydney today – we have made significant strides in using world-class technology to enhance our supply chain,” Mr Graham said. The Wetherill Park CFC has been designed to support best practice sustainability, with features of the build including a two-megawatt solar installation, sensor lighting, water recycling system, and 100% recycling of cardboard. CEO of Ocado Group Tim Steiner said he was thrilled to be a part of the step-change for Coles customers with the opening of the Wetherill Park CFC. “It’s a great moment for Ocado as we celebrate the opening of this second CFC here in Australia with Coles. This is one of the fastest growing markets in the world for grocery ecommerce, and Coles is already a market leader in the online channel,” Mr Steiner said. “As these CFCs ramp up both here in New South Wales and in Victoria, Coles Online customers in metropolitan Sydney and Melbourne will get to experience a game-changing difference in the quality of service available online.” Coles thanked its building partners and consultants from FDC, TMX and Accenture, along with Charter Hall which developed and owns the site, together delivering a complex project to completion. The Wetherill Park CFC is proudly named Duraway Ngurra, meaning Grass Country. The site of the Wetherill Park CFC is located on located on Dharug Ngurra country where the family groups across Dharug Ngurra all have connections to Ngurra right across the Sydney basin and beyond. The name and associated artwork at the Wetherill Park CFC were developed through consultation with local Dharug community and local artist Leanne Watson. For media enquiries, please contact Coles Media Line (03) 9829 5250 or media.relations@coles.com.au
- October 11, 2024Business
JD.com to Launch 2024 Singles Day Grand Promotion Featuring Over 1 Billion New Products
JD.com has announced the official launch of its 2024 Singles Day Grand Promotion, set to begin at 8:00 P.M. on October 14. This year’s event will offer consumers an unmatched shopping experience with unbeatable deals, a vast selection of 1 billion newly released products, and enhanced customer services. Building on the success of JD’s mid-year JD618 Grand Promotion , the events centers around the theme of “Affordability and Quality.” Shoppers can expect significant price reductions on popular brand, cross-store coupons, and daily subsidies of RMB 60, making high-quality products more accessible at unbeatable prices. Running from October 14 to November 11, the promotion will feature daily product launches for JD.com’s more than 600 million users. Highlights include flagship releases of the latest smartphones and generous trade-in incentives to encourage device upgrades. To meet the diverse needs of its customers, the event will include special promotional events, such as Super Days, featuring flash sales with prices starting as low as RMB 1, free delivery on orders over RMB 9.9, and exclusive discounts for JD PLUS members. Livestream shopping events will also provide unique opportunities to discover and purchase products in real-time. Over 100 industry-leading customer services will be available during the promotion to enhance the shopping experience. Notable services include the “one order for three tries” feature in the apparel category, which allows customers to order three items in different sizes or colors, keep the best fit, and return the others for free. In the home appliances category, JD is expanding its one-stop trade-in service nationwide. The enhanced service will now cover delivery, installation, dismantling, and recycling for a broader range of products, including TVs, refrigerators, lighting, toilets, and more. In addition to JD’s signature same-day or next-day delivery service, the JD NOW on-demand retail service has partnered with over 600,000 physical stores across China to provide instant delivery, with delivery times as fast as nine minutes. JD’s cross-border Global Sales service will also extend the Singles Day offers to customers in Singapore, the US, Japan, and other countries , providing diverse shipping options by air or sea to meet the needs of international shoppers. In Europe, JD’s omnichannel retail brand, ochama , will also join the Singles Day sale, offering doorstep delivery in 24 European countries . (vivian.yang@jd.com)
- October 11, 2024Business
JD.com Included on Forbes World’s Best Employers List for Eighth Consecutive Year
JD.com announced that it has been recognized on Forbes’ World’s Best Employers 2024 List for the eighth consecutive year. The list, released on October 8th, is based on a comprehensive survey of over 300,000 employees from more than 50 countries, focusing on their evaluations of the companies they work for. JD.com proudly stands as the only company from China in the “Retail and Wholesale” industry category. At JD.com, employees are regarded as the driving force behind the company’s continued success. The company remains deeply committed to investing in its people by offering competitive salaries, comprehensive benefits, and opportunities for career growth. In the last three years alone, JD.com has implemented six salary increases for its workforce and has created over 50,000 job opportunities for university graduates. In the second quarter of this year, JD.com inaugurated its global training center, a state-of-the-art facility spanning 110,000 square meters that can accommodate over 2,000 employees. This investment reflects the company’s commitment to fostering talent and supporting employee development. Beyond career development, JD.com is also making strides in enhancing employees’ quality of life. The company is currently developing JD Youth City , a visionary project at its Beijing headquarters that will offer nearly 4,000 fully furnished apartments, as well as modern office spaces for 60,000 employees, blending work, living, leisure, and commerce into one cohesive campus. Additionally, JD.com offers industry-leading support initiatives, including social insurance and housing funds for frontline employees like couriers and warehouse workers. The company has also invested over 110 million yuan in an employee relief fund to provide urgent financial assistance to those facing unexpected hardships or medical emergencies. With a workforce of over 620,000, JD.com continues to set the benchmark for high-quality employment and social responsibility. The company remains dedicated to enhancing its customers’ shopping experience and sharing its success with the people who make it all possible. (vivian.yang@jd.com)
- October 11, 2024Business
Delta Electronics Thailand Receives Prestigious ASEAN Energy Award 2024 for Cutting-Edge Data Center Solutions
Delta Electronics (Thailand) Public Company Limited received the ASEAN Energy Award 2024 for its Delta InfraSuite Data Center Solution , recognized under the Cutting-Edge Technology - Energy Efficient Building category. This achievement not only highlights Delta's innovative approach to energy efficiency but also underscores its dedication to Environmental, Social, and Governance (ESG) practices, particularly in driving sustainable and energy-efficient technologies. The award was presented at the 24th ASEAN Energy Business Forum (AEBF-24) Gala Dinner, held alongside the 42nd ASEAN Ministers on Energy Meeting (AMEM) at the Landmark Mekong Riverside Hotel in Vientiane, Laos. The award was presented to Delta Thailand’s Chief Information Officer, Mr.Chen Chin-ming , by Mr. Victor Jona, Under Secretary of State, Ministry of Mines And Energy , Kingdom of Cambodia. “We are honored to receive the ASEAN Energy Award 2024 for our Delta InfraSuite Data Center Solution,” said Mr. Chen Chin-ming, CIO of Delta Electronics Thailand . “This recognition reflects our commitment to creating energy-efficient solutions that align with ASEAN’s renewable energy and efficiency goals. At Delta, we are passionate about driving innovation that advances both technology and sustainability, and we remain dedicated to making a positive impact on both the industry and the environment.” Innovative and Energy-Efficient Solutions at the Core Delta’s Data Center stands out for its integration of green technology and innovative infrastructure. Key components of the award-winning Delta InfraSuite Data Center Solution include: Hot Containment System: Separates hot and cold air in the data center, significantly reducing the cooling load. Modular Uninterruptible Power Supply (UPS): Minimizes energy loss and adapts to varying loads with maximum efficiency. Precision Cooling: In-row Cooling and Rear Door Heat Exchanger (CoolDoor) systems provide energy-efficient cooling, maintaining optimal conditions for IT equipment with minimal energy use. Data Center Infrastructure Manager (DCIM): This software offers real-time monitoring, energy analysis, and asset management to optimize energy usage and enhance data center reliability. With these advanced technologies, Delta’s data center achieved an impressive Power Usage Effectiveness (PUE) below 1.45—closer to 1.0 indicates optimal energy efficiency, demonstrating Delta’s commitment to sustainability. Delta’s DET5 Data Center solution is directly contributing to the ASEAN Plan of Action for Energy Cooperation (APAEC) target of a 30% reduction in energy intensity by 2025, underscoring Delta’s leadership in promoting energy efficiency across the region. A Commitment to ASEAN’s Energy Efficiency Goals Delta Thailand’s innovative data center solutions contribute to the regional goals outlined by the ASEAN Plan of Action for Energy Cooperation (APAEC). By achieving significant energy savings and reducing carbon emissions, Delta helps businesses transition to sustainable operations while promoting clean energy development across ASEAN. Delta’s sustainable innovations also support ASEAN’s broader energy targets , including increasing the share of renewable energy in the region’s energy mix to 23% and achieving a 30% reduction in energy intensity by 2025. These innovations also support Delta’s ESG vision by addressing key environmental challenges and fostering a sustainable future. Delta’s commitment to both its customers and the environment is reflected in its broader ESG strategy, as it continues to set benchmarks for sustainable development in the region.
- October 11, 2024Apps & Software
EVT Introduces New Boutique Hotel Collection, Ode Hotels
Today marks the debut of Ode Hotels, a newly branded collection of unique hotels bringing a boutique experience to travellers. Launched by EVT Hotels & Resorts, on behalf of property owners, Invictus Developments, Ode Hotels introduces a collection of three iconic properties: The Old Clare Hotel in Chippendale, Harbour Rocks Hotel in The Rocks, Sydney and The Inchcolm in Spring Hill, Brisbane. With a commitment to offering elevated experiences, Ode Hotels bring a level of charm to Australia’s boutique hotel landscape. Each property under the Ode Hotels banner is unique, reflecting the brand’s ethos of authenticity and heritage. The Old Clare Hotel, Harbour Rocks Hotel, and The Inchcolm have been carefully curated to deliver history and style, making them sought-after destinations for travellers seeking a memorable stay. Callum Kennedy, Group General Manager EVT Hotel & Resorts commented on the announcement, “The Old Clare Hotel, Harbour Rocks Hotel and The Inchcolm are exquisite properties that have their own unique character and authenticity but come together under Ode Hotels as a collection of some of Australia’s best boutique hotels. EVT has been operating these hotels for several months now, led by Group General Manager, Joel Gordon, setting a new benchmark through our experience and expertise, and are very excited to share the new Ode brand with consumers.” Chayadi Karim of Invictus Developments shared his vision for the new brand: “Ode Hotels represents our dedication to creating exceptional, intimate hospitality experiences, in partnership with EVT. We’ve selected these three properties for their distinct character, and with the expertise of EVT’s management, we are crafting a collection that celebrates individuality while offering the highest level of service.” Ode Hotels is comprised of the following: The Old Clare Hotel, Housed in a former brewery in Sydney’s cultural hub of Chippendale blending historic architecture with contemporary design Harbour Rocks Hotel , Located in the heart of The Rocks, offering a rich connection to Sydney’s colonial past with a chic, modern twist. The Inchcolm in Brisbane , Neo-Georgian in design, paying homage to the building's past as a residency for physicians, with timeless features such as bespoke elevator and woodwork throughout Ode Hotels aims to establish itself as a leader in the boutique hotel sector by offering experiences that go beyond traditional hospitality. Each property will feature exclusive design elements, charming experiences, and a focus on guest satisfaction, ensuring that every stay feels personalised and unforgettable. For media inquiries, high-resolution imagery, or interview requests, please contact Georgia Bateman: georgia@georgiabateman.com
- October 11, 2024Travel & Leisure
Ground Team Red (GTR) Launches Electric Baggage Tractors for use at KLIA Terminals 1 and 2, Advancing Sustainable Aviation in Malaysia
Ground Team Red Sdn Bhd (GTR), a leading aviation ground services provider in Malaysia, today officially launched its first fleet of Electric Vehicle (EV) Baggage Tractors for use at the Kuala Lumpur International Airport (KLIA) Terminal 1 and Terminal 2. The launch ceremony marks the deployment of 20 EV Baggage Tractors, the first phase of a planned 60-unit rollout. This represents the largest deployment of electric vehicles in Malaysia's aviation industry to date, underlining GTR's leadership in sustainable ground operations. These innovative EV Baggage Tractors are set to reduce carbon emissions by 67%. Over an 84-month period, the operation of these 20 units are expected to eliminate 7,200 tonnes of CO₂, contributing significantly to the aviation sector's decarbonisation efforts. In addition, the transition from diesel to electric tractors is projected to reduce operational costs by 43.5%, saving RM5.97 million over the same period. YB Anthony Loke, Minister of Transport Malaysia , who graced the event, commended GTR's initiative: "The future of aviation lies in sustainability, and the Ministry of Transport is committed to this transition. GTR's proactive efforts in adopting electric ground service equipment exemplify how private sector initiatives can play a critical role in our journey toward decarbonizing the aviation industry. We look forward to seeing more organizations align their operations with the government's long-term goals to achieve net zero emissions by 2050." GTR's commitment to sustainability extends beyond this launch. The company has outlined plans to explore additional Electric Ground Service Equipment (GSE) and green energy sources, further supporting Malaysia's ambitious target of achieving net zero emissions by 2050. Musdalifa Abdullah, Chief Executive Officer of GTR , emphasized the company's dedication to driving sustainable change: "Today's launch is not just about new equipment, it's about setting a new standard for sustainable aviation ground services in Malaysia. At GTR, we're committed to being at the forefront of green technologies in our industry. This deployment of EV Baggage Tractors marks a significant step forward in our sustainability journey and aligns with the Ministry of Transport's Aviation Decarbonization Blueprint. We're actively exploring ways to expand our use of electric GSE and incorporate more green energy solutions across our operations. Our goal is to continuously reduce our carbon footprint while enhancing operational efficiency, ultimately contributing to a more sustainable future for aviation in Malaysia. This initiative positions GTR at the forefront of green initiatives in Malaysia's aviation sector, demonstrating our commitment to driving positive change in the industry." This initiative by GTR not only demonstrates the company's leadership in sustainable aviation practices but also sets a benchmark for the industry, encouraging other players to adopt environmentally friendly solutions. As Malaysia continues its path towards sustainable development, GTR's efforts serve as a prime example of how businesses can align their operations with national environmental goals while maintaining operational excellence. ***ENDS*** About Ground Team Red (GTR) Ground Team Red (GTR) is a leading ground handling service provider in Malaysia, formed as a joint venture between SATS Ltd and AirAsia. GTR is committed to delivering high-quality ground services, including passenger, ramp, and cargo handling, while prioritizing sustainability and operational efficiency. With a vision to achieve net-zero emissions by 2050, GTR is at the forefront of adopting innovative solutions to enhance its service offerings. For media inquiries, please contact: Adam Redzuan Shahmann Sustainability and Corporate Affairs adamrshahmann@groundteamred.com +6019-2535905
- October 10, 2024Business
AirAsia boosts Kuala Lumpur International Airport as global LCC Megahub with new route launches in Q4
AirAsia, recently recognised by OAG's 2024 Megahubs Index as the leading contributor to Kuala Lumpur International Airport’s (KLIA) status as the top global Low-Cost Carrier (LCC) Megahub, has reaffirmed its commitment to expand its operations from this hub. Ranked as the world’s second most connected airport after London Heathrow (LHR), the report highlights that KLIA offers over 14,500 possible low-cost connections across 137 destinations. A megahub is defined as an airport that offers a high volume of connections to international destinations, facilitating extensive global travel. Apart from LHR and KLIA, other top Megahubs were Haneda Airport in Tokyo, Schiphol International Airport in Amsterdam, and Incheon International Airport in Seoul. As a leading carrier, AirAsia operates 43% of all flights and accounts for 74% of the airport’s total LCC capacity ¹ . In the fourth quarter of this year (Q4), the airline confirmed the launch of five new routes, adding to the existing 112 international and 14 domestic routes it currently operates from KLIA across all airlines in the Group. Additionally, the airline will be introducing new routes to other countries in Asia and Africa. Currently, there are up to 236 daily departures from KLIA. AirAsia’s vast connectivity from the five countries it operates in across Asean in Bangkok, Thailand; Jakarta, Indonesia; Phnom Penh, Cambodia; and Manila, the Philippines plays a vital role not only in establishing Kuala Lumpur as the top global Megahub Low-Cost Carrier but also in reinforcing its dominance in regional markets. AirAsia Thailand is the leading carrier at Don Mueang International Airport in Bangkok, which ranks as the 15th most connected LCC airport globally, while AirAsia Indonesia holds a similar position at Gusti Ngurah Rai International Airport, ranked 18th in the top 25 LCC airports. Tony Fernandes, CEO of Capital A and Advisor of AirAsia Aviation Group , commented: “When I co-founded AirAsia 23 years ago, I envisioned a future where KLIA would stand among the global elite airports. It is now the second most connected airport globally, powered by the momentum AirAsia has built as the world’s leading LCC megahub. KLIA tops the airports in this region, offering more than 14,500 possible low-cost connections, surpassing Singapore and Bangkok in terms of air connectivity. “AirAsia’s ongoing network expansion will not only further boost KLIA’s position among the world’s best but also ensure that we remain competitive in connecting emerging and established markets. The imminent EGM for Capital A with shareholders next week to unify operations under one aviation group will strengthen this expansion plan, enabling us to streamline and drive long-term growth for the airline. “AirAsia is the largest foreign operator for routes between Asean and both India and China and KLIA is a key hub in our Fly-Thru service. The recent launches of the Almaty, Nairobi and Port Blair routes mark AirAsia's foray into new frontiers, with more flights to Asia and Africa on the horizon. As AirAsia navigates growing macroeconomic tailwinds and rising travel demand across the Asia-Pacific region, our network expansion is bridging connectivity between regions like never before, elevating low-cost connectivity out of KLIA to a whole new level.” Bo Lingam, CEO of AirAsia Aviation Group , highlighted the role of AirAsia’s fleet expansion in supporting its network growth plans. “We reactivated our order book this year having taken delivery of four new A321neos with five more to go, and our fleet reactivation exercise is ongoing and targeted to be completed this year. We currently hold an order for 361 units of the A321 model to meet the airline group’s fleet growth and replacement needs. With this secured aircraft delivery stream, we can rapidly grow our network and enhance connectivity across Asia and beyond, and turn Southeast Asia into the next Dubai as a key transit point through our multi-hub connectivity. “Our Fly-Thru service has also been instrumental in connecting guests from across Asia. It allows travellers from key markets including India and China to access a growing number of new and exciting places across our network of more than 130 destinations across Asia, Australia and soon Africa. We aim to grow Fly-Thru traffic to 25% by 2025, up from 21% in 2019, further enhancing our connectivity.” In line with its growth plans to establish a global low-cost carrier network, the airline is poised to announce more exciting destinations before the year ends, reinforcing its commitment to connecting Asean with the world, and the world with Asean. ¹ Source: SRS Analyser for Jan - Sept 2024 period covering all AirAsia and AirAsia X airlines
- October 10, 2024Business
Cathay Cargo commemorates DB Schenker’s membership of its Corporate SAF Programme with a signing ceremony
Cathay Cargo and DB Schenker jointly held a signing ceremony on 8 October at the airline’s Cathay City headquarters to mark the global forwarder’s membership of the Cathay Corporate Sustainable Aviation Fuel (SAF) Programme. Attended by Cathay Director Cargo Tom Owen and DB Schenker Vice President Global Carrier Relation Susanne Stemmer, the ceremony marked DB Schenker’s stride forward in July to become the biggest contributor to the programme, underscoring both parties’ commitment to reducing carbon emissions. Speaking at the ceremony, Owen said: “We are delighted to welcome DB Schenker here not only as the newest member of the Cathay Corporate SAF Programme, but also as its biggest contributor. It is great to have this level of support from such an important player in the air cargo industry as we work together to decarbonise aviation. This ceremony marks our appreciation for DB Schenker’s significant contribution to our collective efforts to fly Greener Together.” The Cathay Corporate SAF Programme was established in 2022 to help tackle climate change. It enables members to purchase SAF for uplift on Cathay Pacific and Cathay Cargo flights from Hong Kong and other ports on the network. By joining and committing to buy 878 tonnes of SAF (equivalent to 290,000 US gallons), DB Schenker will help reduce more than 2,600 tonnes in carbon emissions. SAF, which can reduce more than 80% of greenhouse gas emissions on a life-cycle basis compared to conventional jet fuel, is a crucial tool for the aviation industry to achieve carbon neutrality by 2050. As such, Cathay Pacific and Cathay Cargo have committed to using SAF for 10% of their jet fuel consumption by 2030. The initiative goes hand in hand with Cathay Cargo’s Fly Greener programme , which offers carbon offsetting through Gold Standard certified community and environmental projects. DB Schenker first adopted SAF for a proportion of its transport volumes in 2020 as part of its carbon-reduction programme. DB Schenker Global Air Freight Sustainability Manager Alexander Mentgen said: “SAF is making change possible already today. Our new SAF alliance with Cathay Cargo enhances our sustainability commitment and leadership in the skies.” Speaking at the event, DB Schenker Vice President Global Carrier Relation Susanne Stemmer added: “We are very excited about this collaboration with Cathay Cargo, which will contribute to a more sustainable future for our industry and enhance our long-lasting global partnership with Cathay.” Cathay Director Cargo Tom Owen (right) and DB Schenker Vice President Global Carrier Relation Susanne Stemmer (left) celebrated the new partnership at a signing ceremony at the airline’s Cathay City headquarters
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