APAC News
JD Super’s Ninth Annual “Baby Party” Campaign: Supporting Families with Newborns
JD Super, JD.com’s omni-channel supermarket division, successfully concluded its ninth annual “Baby Party” campaign, which ran from April 1st to 14th. Collaborating with leading brands from home and abroad, the campaign introduced new products and services designed to improve the shopping experience and reduce expenses for families with newborns. Pioneering services included the “Fresh Milk Powder Express,” guaranteeing delivery of farm-to-consumer baby formula within 28 days, and the “Free Diaper Offers for Newborns” initiative, set to distribute one million diaper packs annually. Moreover, the “Life’s First Bottle” project significantly reduces the costs of high-quality milk bottles by offering them exclusively online at a 50% discount. JD Super’s specialized after-sales services extend to over 90% of the company’s self-operated products, offering services such as free returns or exchanges. Another highlight was the introduction of the Chun Rui milk formula, developed in partnership with Feihe, a leader in infant milk production. This collaboration ensures top-quality products at better value for families. Additionally, JD Super launched an online portal dedicated to public welfare activities, which promotes cost-saving measures, shares knowledge on baby care, and supports charity initiatives. As part of its commitment to philanthropy, JD Super donated essential baby supplies valued at over one million yuan to 1,000 families in the economically disadvantaged Liangshan Yi Autonomous Prefecture of Sichuan Province, supporting local parents in this region. The 2024 Report on Cost of Childbearing and Childrearing in China shed light on the challenges faced by parents, including limited free time and growing anxiety over rising costs and product safety. JD Super aims to mitigate some of these concerns by providing support to families nationwide. ( vivian.yang@jd.com )
Yamaha Motor Receives Globally Renowned Red Dot Design Award for 2 products
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JPMC College of Health Sciences: Launching the Next Generation of Nurses in Brunei
- April 18, 2024Technology
PV MAGAZINE: Genex backs new takeover bid from Japan’s J-Power
Genex Power announced in an investor update that it has entered into a binding transaction implementation deed (TID) that will pave the way for J-Power to fully acquire the Australian renewables developer Genex Power. The J-Power offer is by way of a non-binding scheme arrangement pitched at 27.5 cents per share. The offer also contains an alternative takeover offer at 27 cents per share which J-Power proposes to make if Genex shareholders reject the scheme offer. The scheme offer values Genex’s equity at $380.9 million (USD 246.18 million) and implies an enterprise value of $1,035 million. J-Power, a 50% joint development partner of Genex for its Bulli Creek solar and battery projects and Kidston stage 3 wind project in Queensland, already holds a 7.72% stake in Genex and also contributes as a lender , extending a $45 million corporate loan facility to Genex last year. The Japanese company earlier this year made an offer to buy the company for 24 cents per share that was rejected after an independent committee of Genex’s board of directors determined it undervalued the company. Genex board Chairman Ralph Craven said the committee has now unanimously agreed the new offer is in the best interests of its shareholders. “The Genex independent board committee is unanimous in its conclusion that the transaction is in the best interests of Genex shareholders as a whole,” he said, noting that the transaction provides an opportunity for shareholders to realise their investment in the developer for cash at a “significant premium.” The takeover bid requires a minimum 75% supporting vote from Genex shareholders and approval from Australia’s Foreign Investment Review Board. Genex, which listed in July 2015, said it has a committed portfolio of 400 MW and about 2.3 GW of renewable energy and storage projects in the development pipeline, including the flagship Kidston Clean Energy Hub in north Queensland. The hub includes an operational 50 MW solar farm and 258 MW of wind power and the 250 MW / 2 GWh Kidston pumped hydro project that is currently under construction. There is also potential for further multi-stage wind and solar projects to be deployed at the site. Genex also owns the 50 MW Jemalong Solar Project in New South Wales and the 50 MW / 100 MWh Bouldercombe battery energy storage system in central Queensland.
- April 17, 2024Technology
NX Group invests in Singapore AI technology startup SWAT MOBILITY
NIPPON EXPRESS HOLDINGS, INC. (President: Satoshi Horikiri) on April 2 acquired a stake in SWAT MOBILITY (hereinafter "SWAT"), an AI technology start-up company headquartered in Singapore, as an investment by the NX Global Innovation Investment Limited Partnership (hereinafter, "NX Global Innovation Fund"). The NX Group hopes through this investment to further accelerate its digital transformation (DX) strategy and help resolve social issues on a global scale. Overview of SWAT SWAT is a company established in Singapore in 2015 that provides services in eight countries (Singapore, Japan, the Philippines, Thailand, Malaysia, Vietnam, Indonesia, and Australia) using dynamic routing algorithms (*1) that instantly derive optimal routes for sporadic travel demand from multiple points. In Japan, SWAT is developing and providing logistics/distribution optimization systems, on-demand transport operation systems, and bus route traffic analysis systems as well as taking new approaches tailored to the local market environment from the perspective of Mobility as a Service (MaaS). Background and objectives of the Investment The logistics industry is facing global social challenges such as driver shortages, rising fuel costs, and required cuts in CO2 emissions to combat climate change. Companies are expected to take concrete steps to address these challenges and help achieve sustainable societies. Japan in particular is likely to see a labor shortage due to stricter work regulations for truck drivers that go into effect in 2024, making improved logistics efficiency an urgent issue. The NX Group has been pursuing digital transformation (DX) as a tool for resolving these issues and has been actively exploring the use of external resources, including co-creation (*2) with startup companies in Japan and overseas, to attain greater logistics efficiency. By investing in SWAT, which is strong in cutting-edge mobility solutions in Singapore and other areas, the NX Group seeks to accelerate its DX and resolve global-scale social issues in the logistics industry. Initiatives Verification of digitalized vehicle dispatch operations SWAT's dynamic routing algorithm technology and advanced development capabilities will be utilized at NX Group locations and projects in Japan and overseas to verify the digitalization and global standardization of vehicle dispatch operations. Development of new services via the strategic use of transport performance data Utilizing the transport performance data accumulated through verification processes, the NX Group will analyze the parameters required for vehicle dispatch operations and calculate pickup and delivery costs as well as CO2 emissions. The Group will work to develop new services by making strategic use of the data. The NX Group will continue leveraging its domestic and international networks to co-create with promising startups. Profile of investee (*1) Dynamic routing algorithm: Technology designed to create optimal routes based on traffic information and given data (*2) Co-creation: Collaboration between NX Group companies and the NX Global Innovation Fund to invest in startup companies that add value to customers and on-site operations, with the NX Group and startup companies working together to achieve business growth
- April 17, 2024Travel & Leisure
More choice for AirAsia guests as airline now flies from Suvarnabhumi to Hat Yai Book now from only 1,000 THB one way* to the Popular City from Don Mueang or Suvarnabhumi
AirAsia will be reintroducing one of its popular routes, flying direct from Bangkok-Suvarnabhumi to Hat Yai, the popular city of the south. Booking opens from today for flights starting 1 July 2024. Fly with AirAsia from both Don Mueang Airport, with up to 8 flights a day, or with daily flight from Suvarnabhumi Airport, on the airline widely reputed for its on-time performance and the most extensive network of destinations in the Thai south. Fly Suvarnabhumi – Hat Yai at a promotional fare starting at only 1,000 THB per trip by booking via AirAsia MOVE this 17 April 2024 – 17 May 2024 for travel from 1 July 2024. Ms. Tansita Akraritpirom, Head of Commercial for Thai AirAsia, highlighted that Hat Yai is known for its commerce and tourism, being a popular destination all year round. With a consistently high Load Factor, the Don Mueang – Hat Yai route by AirAsia has seen an average of 95 percent in passenger load throughout 2023 up until now. “We thank both the people of Songkla’s Hat Yai and its vicinity as well as the many travelers who have supported AirAsia’s route to Hat Yai. All of you led us to resume Suvarnabhumi – Hat Yai once again, and we are very glad to be able to offer you all the convenience of choosing to fly out of Don Mueang or Suvarnabhumi airports, ” Ms. Tansita said. AirAsia has been internationally acknowledged as the most on time airline in Thailand and one of the region's top performers. This is on top of it having the most extensive network of routes in the Thai south, operating 17 domestic routes with up to 391 flights a week. * Promotional fares are limited and may not be available on some flights or during holiday periods. Ticket prices exclude auxiliary service charges and other fees. Terms & Conditions apply.
- April 17, 2024Business
AirAsia X commemorates resumption of Xi’an-Kuala Lumpur route
(Second from Left to Right) Consul General of Malaysia to Xi’an, Mr Lum Wan Liang, Chairman of AirAsia X, Dato Fam Lee Eee and CEO of AirAsia X, Benyamin Ismail today celebrated the airline’s inauguration of Xi’an-Kuala Lumpur route in Xi’an, China. AirAsia X (AAX) officially commemorated the resumption of its Xi’an-Kuala Lumpur route with flight D7 347 taking off on 5 April 2024. Xi’an is the airline’s fifth direct route to China, designating AAX as the sole airline connecting the capital of Shaanxi Province in China to Malaysia’s capital city. Xi’an holds an important position within the AAX network in China. Since its first launch in 2014, AAX has flown more than a million guests on the popular route, underscoring its significance for the airline’s expansion in the region. Since relaunching the route earlier this month, AAX has sold almost 7,000 seats both ways. Almost all flights between Xi’an and Kuala Lumpur have had more than an 80 percent passenger load since its inauguration, and the airline anticipates continuously growing demand for this route to achieve 10,000 seat sales in the coming months. As the largest foreign low-cost airline group in China, AirAsia is always committed to enhancing connectivity between Malaysia and China. With the addition of three flights weekly to Xi’an, AAX will be operating 37 flights weekly with a total of six routes to China. Consul General of Malaysia to Xi’an, Mr. Lum Wan Liang said: "The resumption of services by AAX for the Xi’an-Kuala Lumpur route marks a significant success not only for the airline but more importantly for Malaysia-China relations. This achievement represents an important milestone for both nations, especially as we celebrate the 50th anniversary of Malaysia-China diplomatic relations this year. The resumption of services will act as a catalyst to boost tourism and trade opportunities, in addition to supporting the government’s visa-free initiatives. On top of that, this will also further support the Malaysian government’s target of welcoming five million tourists from China this year.” AirAsia X CEO, Benyamin Ismail said: "This renewed connection not only allows travellers from China and Malaysia to explore bustling cities but also demonstrates our commitment to growing in the Chinese market. The success of our inaugural flight from Kuala Lumpur this month with a 100 percent passenger load reflects a strong testament to our dedication and the demand for the route. As we anticipate further expansion of our footprint in China, we believe resuming operations will not only strengthen our market presence but also foster deeper ties between our two nations. Currently, AAX operates six direct flights to China, following the recent relaunch of the Changsha route last week. We look forward to flying more travellers from China to Malaysia and vice versa this year.” Deputy General Manager of China West Airport Group, Mr. Tang Tao commented: “As one of the top airline brands, AirAsia plays a pivotal role as a key partner of West Airport Group and Xi'an Airport. The relaunch of the Xi’an-Kuala Lumpur route showcases our strong partnership, with China West Airport Group committed to deepening cooperation, ensuring top-notch service, and offering full support for AirAsia’s growth in the Shaanxi province. Together, we will look forward to advancing the development of Xi'an's international aviation hub.” In celebration of the route resumption, AAX is offering promotional fares for a limited time only from Xi’an to Kuala Lumpur for as low as CNY288* one-way. Flights are available for booking today until 19 April 2024 for immediate travel up until 25 October 2024 whereas for guests who fly from Kuala Lumpur to Xi’an, the promotional fares will be from RM257* one-way. Book from today until 21 April 2024, for immediate travel until 31 March 2025. Guests travelling from Xi’an can also utilise Kuala Lumpur as a connecting hub to explore neighbouring tourist hotspots with the least hassle, such as Chiang Mai, Singapore, Lombok and more starting from only CNY155* one way. Guests can also grab a 50% discount** for AirAsia’s Fast Pass and enjoy priority check-in, extra 7kg cabin baggage allowance and other extra perks at the best value. This offer is available for three days only starting today for immediate travel until 25 October 2024. All promotions are available on airasia.com or the AirAsia MOVE app (previously known as the airasia Superapp). *The promotional BASE FARES are quoted for one-way travel and NOT inclusive of airport taxes, fuel surcharges and other applicable fees. Other terms and conditions apply. **Discount is only applicable during initial booking. Please refer to the payment webpage for the actual promotional value. T&C apply.
- April 16, 2024Business
Seatrium and A*STAR Join Forces to Explore New Energies and AI in Offshore and Marine Applications
Seatrium Limited (Seatrium, or the Group), a leading engineering solutions provider to the global offshore and marine industry, and Singapore’s Agency for Science, Technology and Research (A*STAR) today inked a Memorandum of Understanding (MoU) to explore research opportunities in new energies and artificial intelligence (AI) to develop innovative products and engineering solutions for the Offshore and Marine (O&M) sector. The MoU signing took place during the Singapore Maritime Week and was witnessed by the event’s Guest of Honour, Dr Amy Khor, Senior Minister of State, Ministry of Transport and Ministry of Sustainability and the Environment. The collaboration combines Seatrium’s insights into trends and opportunities within the O&M sector with the research capabilities of A*STAR and its National Platforms such as the Technology Centre for Offshore and Marine, Singapore (TCOMS). The parties aim to boost the O&M sector’s pivot to new energies efficiently and reliably, and support the global transition to a low-carbon economy. Through machine learning, manufacturing process technologies and digital solutions, the collaboration will also streamline product development and manufacturing processes, and promote innovation and sustainability in Seatrium’s operations. The focus areas of the MoU include the co-development of: a. New Energies This includes the exploration of new energies such as hydrogen and ammonia solutions, specifically tailored for offshore and marine applications. A*STAR and Seatrium were part of Singapore’s first ammonia fuel trial1 on the Fortescue Green Pioneer. A*STAR contributed to the development of an ammonia plume model for safety and environmental impact assessment, while Seatrium was responsible for the installation of the vessel’s fuel system and safety features. Both organisations will now focus on establishing a sustainable ammonia supply chain and addressing bunkering, transportation, and storage challenges. Coupled with carbon capture technologies, Seatrium's suite of product solutions aims to provide sustainable energy solutions for the offshore and marine sector. b. Artificial Intelligence (AI) The partnership leverages AI to explore innovative solutions in engineering processes, operational efficiency, and decision-making across project lifecycles. This includes the planned development of Large Language Models (LLMs) to improve vessel design and validation turnaround by automating and streamlining parts of the process. AI will be used to automate work site inspection and surveillance for improved operational efficiency. . 1 World’s First Use of Ammonia as a Marine Fuel in a Dual-Fuelled Ammonia-Powered Vessel in the Port of Singapore Since 2008, Seatrium’s predecessor entities and A*STAR have worked on research projects such as green shipping, digital design, automation, Internet of Things (IoT) and advanced manufacturing. The outcomes have culminated in the development of new capabilities, including co-designing the world’s first made-in-Singapore Low Ultraviolet (LUV) Ballast Water Treatment System2 . This eco-friendly system employs energy-efficient ultra-violet rays and proprietary ultra-low frequency bio-fouling control for chemical-free treatment of ballast water. Mr Chris Ong, CEO of Seatrium, said, “The collaborative efforts between Seatrium and A*STAR are geared towards accelerating the energy transition and maritime decarbonisation. By combining our knowledge and pushing boundaries, we aim to develop advanced energy solutions that will help the industry adopt renewable sources more quickly. Through innovation, research, and sustainable practices, we are focused on minimising carbon emissions, improving operational efficiency, and promoting cleaner energy. We are committed to making a positive impact and playing a vital role in Singapore's sustainable O&M sector with the support of our partners, stakeholders, and customers. Mr Frederick Chew, CEO of A*STAR said, “Building on our previous successful collaboration programmes in green shipping, digital design and advanced manufacturing, this latest collaboration in new energies and AI furthers Seatrium and A*STAR’s shared vision of developing more smart and sustainable solutions for the O&M sector. I look forward to programme outcomes that will contribute substantively to Seatrium’s and Singapore’s economic and sustainability goals." -End- Photo of MoU Signing: Caption: A*STAR and Seatrium partnership to drive innovation in the Offshore and Marine sector. From left to right: Professor Tan Chorh Chuan, Chairman, A*STAR, Mr Frederick Chew, Chief Executive Officer, A*STAR, Dr Amy Khor, Senior Minister of State, Ministry of Transport and Ministry of Sustainability and the Environment, Mr Chris Ong, Chief Executive 2 Ballast Water Treatment System Performance Evaluation Officer, Seatrium, and Mr Mark Gainsborough, Chairman, Seatrium. (Photo: Seatrium Limited). About Seatrium Limited Seatrium Limited provides innovative engineering solutions to the global offshore, marine and energy industries. Headquartered in Singapore, the Group has over 60 years of track record in the design and construction of rigs, floaters, offshore platforms and specialised vessels, as well as in the repair, upgrading and conversion of different ship types. The Group’s key business segments include Oil & Gas Newbuilds and Conversions, Offshore Renewables, Repairs & Upgrades, and New Energies, with a growing focus on sustainable solutions to advance the global energy transition and maritime decarbonisation. As a premier global player offering offshore renewables, new energies and cleaner offshore & marine solutions, Seatrium is committed to delivering high standards of safety, quality and performance to its customers which include major energy companies, vessel owners and operators, shipping companies, and cruise and ferry operators. Seatrium operates shipyards, engineering & technology centres and facilities in Singapore, Brazil, China, India, Indonesia, Japan, Malaysia, the Philippines, Norway, the United Arab Emirates, the United Kingdom and the United States. Discover more at www.seatrium.com. About the Agency for Science, Technology and Research (A*STAR) The Agency for Science, Technology and Research (A*STAR) is Singapore's lead public sector R&D agency. Through open innovation, we collaborate with our partners in both the public and private sectors to benefit the economy and society. As a Science and Technology Organisation, A*STAR bridges the gap between academia and industry. Our research creates economic growth and jobs for Singapore, and enhances lives by improving societal outcomes in healthcare, urban living, and sustainability. A*STAR plays a key role in nurturing scientific talent and leaders for the wider research community and industry. A*STAR’s R&D activities span biomedical sciences to physical sciences and engineering, with research entities primarily located in Biopolis and Fusionopolis. For ongoing news, visit www.a-star.edu.sg . Follow us on Facebook | LinkedIn | Instagram | YouTube | TikTok For more information, please contact: Seatrium Limited Ms Judy Tan Head, Investor Relations and Corporate Communications Tel No: +65 9710 9784 Email: judy.tan@seatrium.com Ms Clarissa Ho Senior Manager, Investor Relations and Corporate Communications Tel No: +65 9632 1253 Email: shufang.ho@seatrium.com A*STAR Ms Doris Yang Manager, Corporate Communications Tel No: +65 9367 5336 Email: yangscd@hq.a-star.edu.sg
- April 16, 2024Business
Seatrium and Singapore Institute of Technology Establish Digital Learning Lab for Industrial Learning & Research Collaboration
Seatrium Limited (Seatrium, or the Group) and the Singapore Institute of Technology (SIT), Singapore’s first University of Applied Learning, have entered a transformative partnership to pave the way for industrial digital learning and applied research collaboration. This forward-thinking initiative will be realised through the establishment of a state-of-the-art Digital Learning Lab at SIT's new Punggol Campus, designed to drive the adoption of innovative maritime technologies. The partnership will see Seatrium and SIT focus collaborative efforts on three strategic pillars: Digital Yard Technology, 5G Industrial Applications and Smart Microgrid. Through knowledge exchanges, training and collaboration on applied research opportunities in these areas, the partnership aims to jointly solve real-world problems, such as improving the energy efficiency of yard operations by leveraging Artificial Intelligence (AI) and simulation models. The memorandum of understanding (MOU) was signed by SIT’s Associate Professor Kenneth Low, Cluster Director, Engineering, and Seatrium’s Executive Vice President, Cyber IT & OT, Mr Lim Shih Hsien, and witnessed by Mr Mark Gainsborough, Chairman of Seatrium, Mr Chris Ong, CEO of Seatrium, and Professor Chua Kee Chaing, President, SIT, in conjunction with the Singapore Maritime Week 2024. In addition to the establishment of a Digital Learning Lab, the partnership takes a holistic approach to talent development and acquisition within the marine and energy sectors. Seatrium and SIT will facilitate student and staff exchanges, creating opportunities for practical problem-solving and lifelong education. Both parties will jointly develop and teach Continuing Education and Training (CET) courses, fostering continuous learning and development. The landmark MOU also seeks to promote and drive efforts in energy transition and sustainability in Singapore. Aligned with Seatrium’s commitment to lifelong learning, the partnership brings researchers alongside industry practitioners to jointly augment the Group’s capabilities and build new core digital skills, solidifying its position as a market leader. Mr Lim Shih Hsien, Executive Vice President, Cyber IT & OT at Seatrium, said, "We are pleased to collaborate with SIT to drive forward-looking and impactful industrial digital learning and research. This partnership will help us push new boundaries in the global energy transition, stay ahead in a rapidly evolving and dynamic industry, and reinforce our strong commitment to sustainability.” Associate Professor Kenneth Low, Cluster Director, Engineering, SIT, said, “Seatrium and SIT's partnership marks a significant milestone to enhance authentic, real-world learning and transformative applied research. By leveraging our collective expertise and resources, we are set to contribute to the advancement of the maritime sector, nurture talent, and ignite a new wave of digital innovation.” PHOTO OF MOU SIGNING: CAPTION: Seatrium and SIT forged a partnership at the Singapore Maritime Week 2024 to steer a blueprint for a Digital Learning Lab that is set to enhance education and research. An MoU was signed by (third from left) Mr Lim Shih Hsien, Executive Vice President, Cyber IT & OT, Seatrium, and (fourth from left) Associate Professor Kenneth Low, Cluster Director, Engineering, SIT; witnessed by (left-most) Mr Chris Ong, CEO, Seatrium; (second from left) Mr Mark Gainsborough, Chairman of Seatrium; and (right-most) Professor Chua Kee Chaing, President, SIT. (Photo: Seatrium Limited) About Seatrium Limited Seatrium Limited provides innovative engineering solutions to the global offshore, marine and energy industries. Headquartered in Singapore, the Group has over 60 years of track record in the design and construction of rigs, floaters, offshore platforms and specialised vessels, as well as in the repair, upgrading and conversion of different ship types. The Group’s key business segments include Oil & Gas Newbuilds and Conversions, Offshore Renewables, Repairs & Upgrades, and New Energies, with a growing focus on sustainable solutions to advance the global energy transition and maritime decarbonisation. As a premier global player offering offshore renewables, new energies and cleaner offshore & marine solutions, Seatrium is committed to delivering high standards of safety, quality and performance to its customers which include major energy companies, vessel owners and operators, shipping companies, and cruise and ferry operators. Seatrium operates shipyards, engineering & technology centres and facilities in Singapore, Brazil, China, India, Indonesia, Japan, Malaysia, the Philippines, Norway, the United Arab Emirates, the United Kingdom and the United States. Discover more at www.seatrium.com. About the Singapore Institute of Technology: The Singapore Institute of Technology (SIT) is Singapore’s first University of Applied Learning, offering industry-relevant degree programmes that prepare its graduates to be work- and future-ready professionals. Its mission is to maximise the potential of its learners and to innovate with industry, through an integrated applied learning and research approach, so as to contribute to the economy and society. The University’s unique pedagogy integrates work and study, embracing authentic learning in a real-world environment through collaborations with key strategic partners. Its focus on applied research with business impact is aimed at helping industry innovate and grow. Ready in 2024, SIT’s centralised campus within the larger Punggol Digital District will feature a vibrant learning environment where academia and industry will be tightly integrated with the community. For more information, visit www.SingaporeTech.edu.sg For more information, please contact: Seatrium Limited Ms Judy Tan Head, Investor Relations and Corporate Communications Tel No: +65 9710 9784 Email: judy.tan@seatrium.com Ms Clarissa Ho Senior Manager, Investor Relations and Corporate Communications Tel No: +65 9632 1253 Email: shufang.ho@seatrium.com SIT Ms Nur Atiqah Ali Senior Manager, Corporate Communications Tel No: +65 9724 4462 Email: atiqah.ali@singaporetech.edu.sg
- April 16, 2024Business
CTOS and airasia academy enter the Verified zone, launch collaboration to empower SMEs through strategic business education
From left: Puven Sangaran, CEO of CTOS Basis Sdn Bhd, Shin Mei Lee, COO of CTOS Data Systems, Erick Hamburger, Group CEO of CTOS Digital Berhad, Tan Sri Tony Fernandes, CEO of Capital A & Dr. Ram Gopal Raj, Director of Strategy & Innovation, airasia academy CTOS, Malaysia’s leading credit reporting agency, today joined forces with airasia academy , for an exclusive SME networking and edutech session at airasia academy ’s training quarters. The collaboration, which encompasses strategic business education in the realms of digital marketing and branding, as well as networking opportunities, marks a pivotal step in their joint mission to empower small and medium enterprises (SMEs) in the region with the skills and proficiencies to succeed in today's digital era. Since CTOS’s founding, CTOS has been known for recognising the economic importance of SMEs and has supported their success by providing them with tailored solutions, personalized service, and responsive support for over 30 years. Expert training and networking brings added value to the SME community, and airasia academy’s mission to help the workforce to be ready for the future fits hand-in-hand with the goals of CTOS. At the event, CTOS reintroduced their enhanced CTOS Verified service, which offers companies a mark of online credibility through the prestigious CTOS Verified Seal. Successfully verified businesses earn the privilege to showcase this seal, bolstering their online presence, credibility, and transparency. Additionally, CTOS Verified companies now enjoy exclusive access to national networking events, consulting workshops, marketing coaching and a range of other invaluable benefits, beginning with today’s airasia academy event. “SMEs are the backbone of our economy, driving innovation, creating jobs, and fostering resilience. Similarly, at CTOS, SMEs have always been at the core of our business, contributing 46% of CTOS group revenue in FY2023,” said Erick Hamburger, Group CEO of CTOS Digital Berhad . “Training services are essential for SMEs to remain agile, competitive and sustainable in today's dynamic business landscape and CTOS takes pride in joining hands with airasia academy to offer businesses a unique avenue to enable themselves through exceptional learning opportunities. As we look to the future, CTOS is committed to providing a wealth of networking and learning opportunities through the CTOS Verified service. CTOS Verified not only creates more opportunities for businesses but also underscores their credibility and trustworthiness to prospective clients, suppliers, and business partners,”. At the event, Tan Sri Tony Fernandes, CEO of Capital A, and the brand maestro behind AirAsia, Asean’s leading aviation and travel brand shared valuable lessons on perseverance and creativity in business, inspiring entrepreneurs to push boundaries. Following his talk, Ciayi Lim, Digital Marketing Lead trainer at airasia academy , provided practical tips on using social media for business growth. Tan Sri Tony Fernandes, CEO of Capital A said: “Based on over 20 years of building the low cost ethos behind AirAsia, making flying accessible and the world a smaller place for the people in Asean, I firmly believe that there is a low cost model for education. Education stands as the gateway to unlocking boundless opportunities. Since its birth, airasia academy has tirelessly worked to democratise education, offering accessible online and in-person courses that bridges the gap of digital economic needs. Through our partnership with CTOS, we anticipate equipping both CTOS Verified SMEs and the broader business community with the tools necessary to enhance their marketability and proficiency in tech skills crucial for the current digitally-led business landscape”. Aireen Omar, President (Investment & Ventures) of Capital A , said: “Education and knowledge have always been at the forefront of any company culture that demands innovation and enhanced growth. Especially more so now, with today’s rapid technological advancements, learning has become even more crucial for SMEs to keep up with the latest knowledge and trends in their respective industries. airasia academy has recognised that by helping provide entrepreneurs and startups with a talent and knowledge hub they can use to upskill themselves, they will be able to solidify their foundation, adapt through changing environments, solve current gaps, and constantly stay ahead of their competition. We hope that this partnership with our fellow SME friends at CTOS Verified will foster sustainable economic development and prepare these individuals and enterprises for the challenges and opportunities of today’s digital economy.” The collaboration between CTOS and airasia academy is expected to go further than today’s exclusive talk, with both companies committing to exploring future initiatives that align with their shared objectives to promote digitally affordable and accessible business education. Additionally, CTOS is targeting 2,000 clients in their ecosystem to convert as potential learners with airasia academy . This strategic move aims to broaden the reach to empower more businesses to thrive in the dynamic landscape of the digital era. For more details on CTOS Verified, visit www.ctoscredit.com.my/business/ctos-verification . -END- ABOUT CTOS DATA SYSTEMS SDN BHD CTOS, Malaysia’s largest private credit reporting agency, is a registered Credit Reporting Agency under the Credit Reporting Agencies Act 2010. Established in 1990, CTOS has over 30 years of experience in aiding credit grantors make better credit decisions. CTOS utilises information from its users and the public domain to support informed decisions and facilitate fact-based risk management when providing credit extension. CTOS delivers a complete portfolio of credit reports and value-added services and is widely used by the country’s banking and financial institutions, insurance companies, large corporations, legal firms, businesses and state and statutory bodies. For more information, visit http://www.ctoscredit.com.my/ About airasia academy airasia academy is Asean’s fastest growing edutech platform that provides an affordable, accessible and inclusive ecosystem which aims at bridging talent gaps to build a future-proof digital savvy nation. The platform features learning solutions such as On-Demand Learning (ODL), a vault of videos ranging from basic to advanced tech content to personal growth, financial literacy, something for the kids and more, accredited Instructor-Led Training (ILT) for in-demand tech courses such as Digital Marketing, Cloud Infrastructure, Data Analytics, Software Engineering and Cybersecurity to the Learning Management System (LMS) which streamlines and elevates the learners journey empowering community learning and growth. Since its inception, airasia academy has been dedicated to empowering SMEs and individuals through education and support. Key contributions include providing training sessions such as Google Cloud Platform Fundamentals: Core Infrastructure, Digital Marketing, and Knowledge Attitude Skills Habit (K.A.S.H). Additionally, airasia academy has collaborated with MYStartUp to further support startups, offering additional resources and guidance for aspiring entrepreneurs. Moving forward, airasia academy remains steadfast in its commitment to supporting SMEs in their growth journey. For media enquiries, please contact: Jonathan Yip Mobile : +6017 6497974 E-mail: jonathan.yip@continuumpr.com Goh I Ching Mobile : +6014 2181906 E-mail: iching@continuumpr.com Capital A Alya Zulaikha Mobile: +6011 62954695 E-mail: nuralyazulaikha@airasia.com airasia academy Diyana Anuar Mobile: +6012 6463778 E-mail: diyana@airasia.com
- April 15, 2024Business
Seatrium and Shell Inks MOU to Further Collaborate on Floating Production Systems
Seatrium Limited (Seatrium, or the Group) is pleased to announce that it has inked a non-binding Memorandum of Understanding (MoU) with energy company Shell Global Solutions International B.V. (Shell) to explore and strengthen collaboration opportunities in Floating Production Systems through leveraging both parties’ deep engineering capabilities and technologies. The MoU, which focuses on driving project standardisation and replication, seeks to promote best practices in the design and construction of Floating Production Systems. Both parties intend to leverage their experience and know-how from previous projects to mature and realise further benefits of replication, tapping on each other’s competencies and technologies and incorporating lessons learned from past projects. Seatrium and Shell have worked together on various projects over the years, including the recently-announced Sparta floating production unit (FPU), which is conceived as a replicable project to leverage the Group’s topsides single lift integration methodology, following the fabrication of Vito and Whale FPU newbuilds in 2021 and 2023 respectively. Mr William Gu, Executive Vice President of Seatrium Oil & Gas (International), said, “We are pleased to deepen our collaboration with Shell, leveraging both parties’ competencies and technologies in past Floating Production Systems projects. We look forward to continue working with Shell to mutually learn and develop best-in-class project management practices to achieve operational efficiency in future floater projects, benefitting both parties.” -End- MOU Signing by Mr William Gu, Executive Vice President of Seatrium Oil & Gas (International), and Ms Hilary Mercer, EVP Projects and Engineering, Projects & Technology, Shell, joined by senior management teams of both companies About Seatrium Limited Seatrium Limited provides innovative engineering solutions to the global offshore, marine and energy industries. Headquartered in Singapore, the Group has over 60 years of track record in the design and construction of rigs, floaters, offshore platforms and specialised vessels, as well as in the repair, upgrading and conversion of different ship types. The Group’s key business segments include Oil & Gas Newbuilds and Conversions, Offshore Renewables, Repairs & Upgrades, and New Energies, with a growing focus on sustainable solutions to advance the global energy transition and maritime decarbonisation. As a premier global player offering offshore renewables, new energies and cleaner offshore & marine solutions, Seatrium is committed to delivering high standards of safety, quality and performance to its customers which include major energy companies, vessel owners and operators, shipping companies, and cruise and ferry operators. Seatrium operates shipyards, engineering & technology centres and facilities in Singapore, Brazil, China, India, Indonesia, Japan, Malaysia, the Philippines, Norway, the United Arab Emirates, the United Kingdom and the United States. Discover more at www.seatrium.com . For more information, please contact: Ms Judy Tan Head, Investor Relations and Corporate Communications Tel No: +65 9710 9784 Email: judy.tan@seatrium.com Ms Clarissa Ho Senior Manager, Investor Relations and Corporate Communications Tel No: +65 9632 1253 Email: shufang.ho@seatrium.com
- April 15, 2024Business
Singapore Senior Minister of State visit to NX Singapore
Nippon Express (Singapore) Pte. Ltd. (President: Ryuichi Murakami; hereinafter, "NX Singapore"), a group company of NIPPON EXPRESS HOLDINGS, INC. (President: Satoshi Horikiri), received a visit from Mr. Zaqy Mohamad, Senior Minister of State, Ministry of Manpower, at its head office's Toh Guan Global Logistics Centre on Wednesday, March 27. (Center of photo: Senior Minister of State Zaqy Mohamad, second from right: NXSAO President Kobayashi) (Photo from inspection tour) NX Singapore has been promoting workplace safety, employees' health and operational efficiency. Nippon Express (South Asia & Oceania) Pte. Ltd. (NXSAO) President Katsuhito Kobayashi and NX Singapore team showed the visitors our initiatives to minimize possible injury during operations such as implementing advanced forklift equipped with AI camera and telematics(*) technology, as well as its T-sort automated robotic sorting system. SMS Mr. Zaqy saw "how NX Singapore has leveraged AI and robotics to enhance vehicular safety and reduce the risk of musculoskeletal disorders in their operations". NX Singapore celebrated its 50th anniversary in 2023 and has for many years served as a hub in the South Asia and Oceania region supporting customers' supply chains. NX Group will continue to meet the logistics needs of worldwide customers by further expanding our global network in line with our corporate values of safety, compliance and quality. (*) Telematics: the provision of various information services using vehicles and other mobile objects equipped with communication systems
- April 15, 2024Business
VietJet Air Cargo, Teleport deepen partnership with exclusive commercial rights on first key lane
Teleport, an integrated logistics solutions provider, announced today that it will be managing the exclusive commercial rights of Vietjet Air Cargo’s New Delhi - Ho Chi Minh City belly space. This is leveraging off the back of Teleport's capability built from its existing exclusive commercial rights delivering the same end-to-end Total Cargo Management enabled by technology, for all six airlines under AirAsia since 2018. The agreement signed between both parties today marks the start of a deeper partnership between Vietjet Air Cargo and Teleport to better serve the growing air cargo demand coming in and out of Southeast Asia. In November 2023, Vietjet Air Cargo and Teleport signed a Memorandum of Understanding to mutually extend its network, combining Teleport’s largest Southeast Asia air logistics network with Vietjet’s Asia Pacific flight network. L to R: Nelson Wu, VietJet Air Cargo Managing Director, and Pete Chareonwongsak, CEO of Teleport at the signing partnership agreement. | Download hi-res image HERE Nelson Wu, Vietjet Air Cargo Managing Director says, “We see this as the beginning of a deeper partnership with Teleport to leverage their end-to-end Total Cargo Management capabilities, and their experience to ensure we never fly empty on our New Delhi to Ho Chi Minh City sector. Vietjet’s hub out of Ho Chi Minh City and Hanoi greatly complement Teleport’s seven key Southeast Asia hubs in Kuala Lumpur, Jakarta, Bangkok, Manila, Singapore, Kota Kinabalu and Kuching. By synergising our cargo networks, sales operations and e-commerce logistics across strategic markets, Vietjet Air Cargo will mutually unlock a wider range of destinations, far beyond point-to-point shipping.” Sharing further insights into the partnership, Nelson affirmed, “We believe in the tangible benefits of this partnership and are committed to turning our shared vision into reality. By expanding this network of cooperation, we aim to create a more extensive and valuable ecosystem, unlocking new possibilities and driving further innovation.” The exclusive collaboration heralds a transformative approach in airline partnerships, dismantling traditional barriers and unlocking the full potential resources. | Download hi-res image HERE Pete Chareonwongsak, CEO of Teleport says, “This partnership is very meaningful for Teleport as it shows Vietjet Air Cargo’s trust in us to commercially manage their New Delhi-Ho Chi Minh City sector on their behalf. When we combined AirAsia’s belly capacity as one and built it on a Total Cargo Management foundation using technology, we learned how to help low-cost airlines maximise their passenger belly capacity. Because we were founded in 2018, we had a good headstart in capturing the emerging e-commerce opportunity at the time, and built that into one of our core capabilities.” “As a result, we have been successful in providing value-added incremental revenue on AirAsia’s available belly space – AirAsia’s ancillary revenue contribution by Teleport grew from 2% (RM209 mil/USD50 mil) in 2018 to 6% (RM761 mil/USD162 mil) in 2023. This is a highly scalable model for low-cost airlines to maximise their cargo operations. With this track record, we are confident VietJet Air Cargo will benefit as our newest Teleport Air Partner,” he added. Vietjet Air Cargo’s Delhi-Ho Chi Minh City sector flies four times a week, with available extended connections across the Vietjet Air and Teleport networks to key cargo destinations such as Melbourne, Sydney and Auckland. More images from the signing are available HERE . For more information about Teleport’s business, visit teleport.asia .
- April 13, 2024Lifestyle
Order Your Mother's Day Gifts With Flower Chimp
We all know moms are the real superheroes. They juggle a million things at once, from work and errands to cooking and endless rounds of "Mom, can you...?" They're our biggest cheerleaders, our shoulder to cry on, and the keepers of the best advice (and snacks!). Who is Flower Chimp? Flower Chimp is your one-stop shop when it comes to gifting. As the leading florist in the Philippines, and across Southeast Asia, they understand that you're busy, but you still want to make Mom feel special. They take care of everything, from picking out the freshest, most beautiful flowers to delivering them right to her doorstep. No last-minute scrambling, no traffic jams – just pure, thoughtful gifting magic! Plus, they're all about spreading love and happiness, which is exactly what Mother's Day is all about, right? Mother’s Day Gifts With Flower Chimp Philippines Flower Chimp knows moms come in all shapes and sizes, just like their amazing Mother’s Day flowers ! This Mother's Day, they've curated a collection that has something special for every kind of mom. Let's take a peek, shall we? Classic Beauties : For the mom who loves timeless elegance, Flower Chimp's classic bouquets are a surefire hit. Think vibrant roses, delicate carnations, and stunning lilies, all expertly arranged to create a show-stopping display. Modern Marvels : Is your mom a trendsetter with a flair for the unique? Flower Chimp's got her covered! Their modern arrangements feature eye-catching combinations of blooms in unexpected colors and textures. It's the perfect way to show Mom you appreciate her individuality. Vase Arrangements : For the mom who loves to keep her home looking fresh and vibrant, a pre-arranged vase is a fantastic choice. Flower Chimp offers a variety of vase arrangements in different sizes and styles, all ready to brighten Mom's day. The Grand Gesture : Want to truly wow Mom this year? Then go big with a stunning 50-rose bouquet! This showstopper is guaranteed to take her breath away and let her know just how much she means to you. Just imagine the look on her face! Delicious Treats & More With Flower Chimp Flowers are wonderful, but who doesn't love a little something extra? Flower Chimp has a fantastic selection of treats to add to your gift: The Trinity Box : This charming combination is the perfect way to say "I love you" three times over. Nine beautiful roses are nestled in a sleek black box, with a secret compartment hiding six decadent chocolates. Chocolate Bliss : For the chocoholic mom, add a box of Ferrero Rocher (choose from 8 or 16 pieces!) to her gift. It's a guaranteed smile-maker. Classic Cakes : Spoil Mom with a delicious cake! Choose from decadent flavors like Black Forest or Ube, or explore other options to find her perfect sweet treat. Adorable Add-Ons from Flower Chimp Philippines Here's where Flower Chimp really shines! They have a ton of adorable add-ons that will make your gift extra special: Cuddly Companions : Is your mom a teddy bear enthusiast? Flower Chimp offers a selection of medium and large teddy bears in various colors and styles. Imagine a soft and cuddly teddy bear in a pastel pink or calming blue, a comforting presence for her to snuggle up with on the couch. Say it With Balloons : A festive "ILY" balloon in a vibrant shade is a fun way to add a pop of color and a playful message to your gift. It'll instantly brighten up the room and put a smile on her face. Sweet Surprises : For the ice cream lover, add a box of their favorite flavor! Flower Chimp has a variety of choices to choose from. Imagine her delight when she discovers this delicious treat, perfect for a hot afternoon or a movie night in. From the Heart : Include a heartfelt message card with your gift. Flower Chimp offers a variety of designs to suit any budget and style. Find a quote with a sentimental message or a funny saying that reflects your unique relationship with your mom. It's the perfect way to express your love and gratitude in a way that she can cherish forever. Sparkly Surprises : Does your mom love a little sparkle? Flower Chimp's selection of bracelets adds a touch of elegance to any gift. Imagine a delicate bracelet in her favorite colours. It's a beautiful reminder of your love that she can wear every day. The Gift of Pampering : For the mom who deserves some relaxation, consider a luxurious gift box set filled with scented candles and more. Imagine her creating a spa-like experience at home, soaking in a warm bath with a relaxing scent and pampering her skin with nourishing creams. Flower Chimp offers a variety of gift sets to choose from, so you can find the perfect one to suit her personality and needs. How To Order With Flower Chimp Philippines Here's the best part: ordering from Flower Chimp is a breeze! Simply visit their user-friendly website, browse their amazing selection of gifts (think of it like a virtual shopping spree!), and choose what makes your mom's heart sing. Whether it's a classic bouquet of roses or a decadent chocolate and teddy bear combo, Flower Chimp has something for every mom and every budget. They offer convenient delivery options, so you can send your love no matter where you are with a flower delivery Manila service, and beyond. Can't be there in person for Mother's Day? No problem! Flower Chimp will ensure your gift arrives safely and on time, leaving Mom with a big smile on her face. This Mother's Day, let Flower Chimp help you show your mom how much you care. With their beautiful flowers, delicious treats, and adorable add-ons, you can create a gift that's as unique and special as she is. Forget the stress and overwhelm of trying to find the perfect gift – Flower Chimp has everything you need to create a memorable moment that Mom will cherish for years to come.
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