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Lunit Surpasses 1 Million Mammograms in U.S. One Year After Volpara Acquisition
Lunit (KRX:328130.KQ), a leading provider of AI for cancer diagnostics and therapeutics, today announced major milestones in the United States, one year after its acquisition of Volpara Health Technologies. Since acquiring Volpara, Lunit has significantly expanded its presence across North America. By June 2025, Lunit’s AI solutions for digital breast tomosynthesis (Lunit INSIGHT DBT) and mammography analysis (Lunit INSIGHT MMG) will be deployed at over 200 imaging centers and hospitals across the U.S., with approximately 350 to 400 radiologists utilizing its technology. Together, Lunit and Volpara now power more than one million annual mammograms across North America — a major step forward in the company’s U.S. growth strategy. Lunit’s growing customer base includes leading healthcare providers such as Rezolut, SimonMed Imaging, and UC Davis Health, reflecting its strengthening position in the U.S. medical imaging market. In addition to its expanding U.S. footprint, Lunit and Volpara introduced the concept of a comprehensive Ecosystem for Cancer Detection and Care at RSNA 2024. The Ecosystem is designed to unify AI technologies for lesion detection, workflow optimization, quality control, and patient engagement—empowering clinicians with actionable insights and scalable solutions across the cancer care continuum. Lunit and Volpara also demonstrated the complementary value of combining Lunit INSIGHT Risk and Volpara Risk Pathways at RSNA 2024—offering a glimpse into how imaging-based and clinical data may be used together to personalize breast cancer risk assessment. The two solutions were shown as a prototype to work in tandem, that would predict the likelihood of breast cancer development within 1 to 5 years, to enable earlier interventions, more personalized care, and redefine standards for breast cancer screening and management. “The successful integration of Lunit and Volpara has accelerated our mission to transform cancer diagnostics globally, and the momentum we’ve built in the United States marks just the beginning,” said Brandon Suh, CEO of Lunit. “By combining Lunit’s AI innovation with Volpara’s breast health expertise, we’re delivering a new standard of comprehensive support for clinicians—enhancing early detection, improving screening quality, optimizing workflows, and ultimately helping providers deliver better outcomes for patients worldwide. With our expanded footprint and comprehensive ecosystem, we are poised to lead the future of cancer care.” Lunit plans to further expand its U.S. operations, building on its strong foundation with next-generation AI solutions, dedicated clinical support, and a growing ecosystem designed to shape the future of cancer detection and care.
JD.com Recognized on FORTUNE’s China ESG Impact List for Fourth Consecutive Year
JD.com to Launch 618 Grand Promotion on May 31 with Daily Coupons Valued Over RMB 1,000 and Seamless Online-Offline Integration
Cathay Pacific celebrates the graduation of its first batch of cadet pilots whose ground theory training was provided by Cathay Academy
- May 20, 2025Technology
TGT and Ant Digital Technologies sign MOU for collaboration in multiple areas
Towngas Telecommunications Company Limited (TGT), a wholly-owned subsidiary of The Hong Kong and China Gas Company Limited (Towngas), and Ant Digital Technologies recently signed a Memorandum of Understanding (MOU). The two parties will engage in deep collaboration around real-world assets (RWA) combined with Ant Digital Technologies’ AI capabilities. According to the MOU, both parties will jointly explore the development of AI-enhanced data centre services, including comprehensive solutions such as Internet Data Centre (IDC) RWA field collaboration, AI transformation and upgrade for Towngas’s related businesses, and integrated AI agent services for local and overseas customers. This will enhance TGT’s existing service standards and position it as an emerging player in the AI solutions market. “This partnership marks an exciting new chapter for TGT,” said Mr Edmund Yeung Lui-ming, Executive Director and Chief Financial Officer of Towngas. “By combining our data centre expertise with Ant Digital Technologies’ AI capabilities, we plan to deliver smarter solutions that address our customers’ evolving needs. This collaboration is key to our vision of leading innovation in the data centre industry and creating new value in the AI era.” Ms Bian Zhuoqun, Vice President of Ant Group and President of Blockchain Business of Ant Digital Technologies, added, “We’re thrilled to partner with TGT to bring AI innovation to data centres. Our Web3 and AI solutions complement TGT’s robust infrastructure perfectly. This collaboration will help businesses unlock more value from their data while setting new standards for efficiency and performance in data services.” Both parties will establish a joint team to advance and oversee the collaboration. This partnership reflects the growing importance of AI and Web3 technologies in transforming traditional infrastructure services, propelling both companies to the forefront of digital innovation in Asia. Looking forward, the parties intend to explore other areas of collaboration across Towngas’s energy business segments. Currently, Towngas’s seven major business segments include: Hong Kong city-gas operations, Chinese mainland city-gas operations, mainland water and environmental operations, renewable energy, extended businesses (B2C), green methanol, and sustainable aviation fuel (SAF). Capitalising on Ant Digital Technologies’ AI computing power, Towngas will be able to drive business development, build a leading AI energy ecosystem, and meet customers’ AI demands. Additionally, riding on its collaboration with Ant Digital Technologies, Towngas will also actively adopt AI to strengthen internal management, establishing an integrated group-wide control system for finance, human resources, procurement and supply chain, operations, and master data, achieving a management strategy that is “end-to-end and top-to-bottom”. Regarding external business development, Towngas will rely on TGT’s AI data centre capabilities to empower various energy segments within the Group with AI computing power, thereby developing AI services specifically for the energy industry. - END - Press photos: Photo 1: Witnessed by Mr Edmund Yeung Lui-ming (2nd from left, back row), Executive Director and Chief Financial Officer of Towngas; Mr Lawrence Fok Chi-cheong (1st from left, back row), Head of Group Finance & Strategy (Mainland Business) and Head of Group Treasury of Towngas / Chief Financial Officer of Towngas Smart Energy; Ms Bian Zhuoqun (2nd from right, back row), Vice President of Ant Group and President of Blockchain Business of Ant Digital Technologies; and Mr Chen Xiangbin, (1st from right, back row), General Manager of Strategic Industry of Business Development Department of Ant Digital Technologies, Mr Walter Ngan Hing-wah (left, front row), General Manager - Telecommunications Business of Towngas Telecommunications Company Limited, and Mr Zhang Kun (right, front row), General Manager of Renewable Energy Business Development Department in China Region and Head of RWA Asset Center of Ant Digital Technologies, sign the Memorandum of Understanding to jointly explore enhancing TGT’s data centre services through Ant Digital Technologies’ AI technology. For media enquiries, please contact: The Hong Kong and China Gas Company Limited Ms Kara Kwong Assistant Corporate Affairs Manager Tel: 2963 3497 / 6698 3357 Email: [email protected] Mr Julius Chow Senior Corporate Affairs Officer Tel: 2963 3471 / 6969 1360 Email: [email protected]
- May 20, 2025Business
Ascott and CapitaLand Hope Foundation partner with Save the Children to empower 160 children and youths with disabilities through S$400,000 initiative
The Ascott Limited (Ascott), the wholly owned lodging business unit of CapitaLand Investment (CLI), is advancing its disability inclusion efforts with a contribution of S$400,000 to global non-profit organisation Save the Children. This initiative is funded by CapitaLand Hope Foundation (CHF), the philanthropic arm of CapitaLand Group, under its CapitaLand AccessABLE Programme. The donation will support two programmes in Thailand and the United Kingdom, benefitting 160 children and youths with disabilities by equipping them with essential skills, confidence and opportunities to participate in social, educational and economic activities. Mr Kanit Sangmookda, Country General Manager of Thailand & Laos at Ascott (centre), interacting with a visually impaired employee of Dots Coffee at Somerset Rama 9 Bangkok, accompanied by Mr Guillaume Rachou, Executive Director of Save the Children Thailand (right). Under a new partnership with Save the Children Thailand, Ascott is supporting 60 visually impaired youths in Thailand to undergo a life skills programme, half of who are expected to secure employment with Dots Coffee – a leading social enterprise run entirely by individuals with visual impairments. In Thailand, the Ascott–Save the Children partnership is supporting the development of a tailored skills curriculum for 60 visually impaired youths, equipping them with tools for long-term success in the workforce. The programme focuses on workplace readiness, covering key skills such as communication, teamwork and problem-solving. By the end of the programme, around half of the participants are expected to secure employment with Dots Coffee – a leading social enterprise run entirely by individuals with visual impairments – while the rest will continue to receive job placement support. In the United Kingdom, the collaboration supports the Sheffield Community Bus Project, a mobile inclusion hub serving approximately 100 children with special educational needs and disabilities (SEND) and their families who are living below the poverty line. The bus delivers targeted workshops and essential services, helping children with SEND access educational and social opportunities in their communities. The initiative aims to reduce barriers to inclusion and bring support directly to underserved families in their own neighborhoods. Disability inclusion is central to our Ascott CARES sustainability framework, and our partnership with Save the Children builds on this commitment. It enables us to extend our culture of care and respect beyond our properties into the wider community, empowering children and youths with disabilities to build confidence and live with dignity. This initiative also complements our broader collaboration with SG Enable – Singapore’s focal agency for disability and inclusion – to enhance disability inclusion across physical spaces, programmes, hiring, digital platforms and training. These efforts will culminate in the launch of a dedicated disability inclusion course for hospitality professionals at the Ascott Centre for Excellence in Singapore, alongside a global playbook in the second half of 2025. The playbook will provide a unified framework for disability inclusion across Ascott’s properties worldwide, combining inclusive design principles with a supportive workplace culture to create truly welcoming environments for both guests and associates. - Beh Siew Kim, Chief Financial & Sustainability Officer, Lodging, CLI, and Managing Director, Japan and Korea, Ascott, who is also a Board Director of CHF In conjunction with Global Accessibility Awareness Day, Ms Beh Siew Kim joined a fireside chat titled “Building Inclusive Spaces: The Singapore Experience,” hosted by SG Enable at the Singapore Pavilion during World Expo 2025 in Osaka, Japan. She shared how disability inclusion is integral to Ascott’s sustainability framework, Ascott CARES. Mr Kanit Sangmookda, Country General Manager for Thailand & Laos at Ascott (second from right), and Mr Guillaume Rachou, Executive Director of Save the Children Thailand, with visually impaired employees of Dots Coffee. The social enterprise set up a kiosk at Somerset Rama 9 Bangkok to showcase its inclusive business model during a special concert featuring artists with disabilities, held in celebration of Global Accessibility Awareness Day 2025. Mr Guillaume Rachou, Executive Director, Save the Children Thailand, said: “We are honoured to work with Ascott and CHF to help break down the barriers that may hinder visually impaired youth from finding meaningful work. Through this partnership, we are developing and piloting a life skills training programme tailored for youth with visual impairments – helping them build confidence and key abilities such as communication, teamwork and problem-solving to thrive in the workplace and in life. This initiative is not just about preparing youth for jobs; it is about changing perceptions and creating a more inclusive society.” Ms Rachel Parkin, Head of England, Save the Children UK, said: “Thanks to the generous funding from Ascott and CHF, Save the Children UK and the Sheffield Early Learning Community are working alongside the community to co-design an accessible, inclusive and family-centred ‘Community Bus’ in Shirecliffe. This initiative will help address the challenges faced by children with special educational needs and disabilities and ensure families can access the support they need, in their community. Through this partnership, we are creating lasting change for children and families who experience multiple challenges.” Mr Tan Seng Chai, Executive Director of CHF and Senior Advisor, CLI, said: “CHF is committed to build resilience in communities where CapitaLand operates, through supporting initiatives that promote education, health and well-being for children, youth and seniors. Through the CapitaLand AccessABLE Programme, we aim to enrich the lives of persons with disabilities by enhancing their independent living skills, fostering social engagement and helping them realise their full potential. The collaboration between Ascott and Save the Children also creates meaningful opportunities for Ascott staff to contribute directly, from identifying accessibility barriers to co-developing practical solutions. These hands-on experiences deepen CapitaLand’s strong culture of volunteerism and reflect how our people are actively shaping real, lasting change on the ground.” The partnership was officially announced at a special concert held at Somerset Rama 9 Bangkok , Thailand, on Saturday, 17 May 2025, in celebration of Global Accessibility Awareness Day (GAAD) observed globally on 15 May 2025. Featuring orchestral and mime performances by artists with disabilities, the event drew about 100 attendees and highlighted disability inclusion efforts within Thailand’s arts and hospitality sectors. Proceeds from ticket sales were used to donate wheelchairs to the Foundation for Children with Disabilities (Thailand) and white canes to the Thai Blind People’s Foundation. As part of the event, Dots Coffee also set up a kiosk to promote its business and highlight its inclusive employment model, which empowers individuals with visual impairments through meaningful work in the F&B sector. In conjunction with GAAD, Ms Beh Siew Kim also participated in a fireside chat titled “Building Inclusive Spaces: The Singapore Experience”, hosted by SG Enable at the Singapore Pavilion during World Expo 2025 in Osaka, Japan. She shared Ascott’s approach to advancing accessibility across its global operations through inclusive design, programming and staff engagement. Somerset Rama 9 Bangkok. In celebration of Global Accessibility Awareness Day, Somerset Rama 9 Bangkok hosted a heartwarming concert featuring orchestral and mime performances by artists with disabilities. Pictured: A performance by the Thai Blind Symphony Orchestra from Khon Kaen city. Proceeds from ticket sales of the Global Accessibility Awareness Day concert at Somerset Rama 9 Bangkok were used to donate wheelchairs to the Foundation for Children with Disabilities (Thailand) and white canes to the Thai Blind People’s Foundation. Pictured: A mime performance by Thailand’s Konnakhao Family troupe. Advancing Disability Inclusion and Community Engagement The partnership with Save the Children complements Ascott’s ongoing commitment to disability inclusion under its Ascott CARES sustainability framework. As highlighted in its latest Sustainability Report 2024 , Ascott continues to champion inclusion through programmes that empower persons with disabilities and promote meaningful societal participation. In Singapore, more than 130 Ascott associates volunteered with Rainbow Centre to deliver interactive activities that strengthen the social and emotional skills of children with special needs. In China, over 400 individuals, including youths with autism and their family members, have benefitted from Ascott-led career immersion and arts programmes developed in partnership with CHF, which will expand in 2025 to include music and vocational training. Championing disability inclusion, more than 130 Ascott associates volunteered with Rainbow Centre in Singapore, delivering activities to strengthen the social and emotional skills of children with special needs. In China, over 400 individuals, including youths with autism and their family members, have benefitted from Ascott-led career immersion and arts programmes developed in partnership with CapitaLand Hope Foundation, which will expand in 2025 to include music and vocational training. As part of The Famous CFC held in Singapore last year, Chelsea coaches and club legend Gianfranco Zola held coaching clinics for participants from SportCares, the philanthropic arm of Sport Singapore, and the Singapore Disability Sports Council. As the Official Global Hotels Partner of Chelsea Football Club, Ascott hosted the Southeast Asia debut of The Famous CFC global fan tour in Singapore in late 2024. The event featured coaching clinics led by Chelsea coaches and club legend Gianfranco Zola, with participants from SportCares, the philanthropic arm of Sport Singapore, and Singapore Disability Sports Council. A charity auction featuring shirts autographed by Chelsea players also raised funds for the Goh Chok Tong Enable Fund, which supports persons with disabilities. For more information on these initiatives, please refer to The Ascott Limited Sustainability Report 2024 , which outlines Ascott’s actions and progress towards its Ascott CARES vision of building a greener, more inclusive future.
- May 20, 2025Business
Biotechnology Turns Food Waste into Livelihood, Boosts Income of Farming Community
Malaysia’s efforts to tackle food waste are gaining fresh momentum through a bio-based Food Waste Composting initiative under the Kembara Komuniti Programme by the Malaysian Bioeconomy Development Corporation (Bioeconomy Corporation). This initiative promotes environmental sustainability through a closed-loop circular economy model, carried out in strategic collaboration between Bioeconomy Corporation and MAEKO Sdn Bhd (MAEKO), a company under the Bio-based Accelerator programme and food waste management expert. Senior Vice President of Industry Support at Bioeconomy Corporation, Nora Mohamed, said the programme involves 45 participants from two local farming communities – Kebun Agro Harmoni Community of the Seri Sabah Public Housing Residents’ Association and Kebun Agro Desa Rejang Community here today. She explained that three MunchBot composting machines, each with a five-kilogram capacity, have been supplied to these communities. In addition, participants receive comprehensive training over 12 months on sustainable food waste management practices. “Community members can recycle their food waste and turn it into bio-based compost in just 24 hours – a dramatic improvement compared to conventional methods, which can take 60 days or more. “For every 450 kilograms of food waste processed, up to 90 kilograms of high-quality compost can be produced,” she said during a training and briefing session held today at Kebun Agro Harmoni in Seri Sabah here today. Also present were the Chairman of the Kebun Agro Harmoni Community of the Seri Sabah Public Housing Residents’ Association, Raja Rahim Raja Muhaiddin, and the Chairman of the Kebun Agro Desa Rejang Community, Mohd Noor Md Tahir. Nora added that what’s even more encouraging is that participants can earn extra income by selling the compost and their agricultural produce. “With effective management, participants have the potential to earn up to RM450 a month through this sustainable initiative,” she said. She emphasized that the Kembara Komuniti – Food Waste Composting programme positions Bioeconomy Corporation as the primary driver for technology transfer related to composting. Meanwhile, MAEKO – a participant in the Bio-Based Accelerator Programme with expertise in composting technology and food waste management – acts as the programme facilitator. According to Nora, this initiative directly contributes to reducing food waste, lowers dependency on chemical fertilisers, and promotes the growth of fresh, safe, and chemical-residue-free produce. “It also helps enrich soil fertility and ensures the sustainability of local food sources,” she said. Additionally, Nora encouraged manual composting at home as a daily practice to raise awareness and promote active community involvement in environmental care. She stated that the initiative by Bioeconomy Corporation – an agency under the Ministry of Science, Technology and Innovation (MOSTI) – aligns with the National Biotechnology Policy 2.0 and the Ministry’s aspirations to empower science-based technologies, expand community adoption of technology, and foster innovation through sustainable entrepreneurship. Meanwhile, Raja Rahim noted that the programme offers direct benefits to local residents, particularly by improving their quality of life. “Residents have responded positively to the programme, gaining hands-on experience in producing their own bio-based compost and cultivating healthier, fresher crops,” he said. Mohd Noor expressed hope that the year-long programme would help instil greater awareness of household food waste management among the local community. “Our goal is to turn food waste composting into a daily habit that benefits everyone in the neighborhood,” he said. -END-
- May 20, 2025Business
Malaysia, Japan Seal RM1.34 Billion in Green Bioeconomy Deals at EXPO 2025 Osaka
Malaysia and Japan marked a new milestone in green bioeconomy cooperation with the signing of three strategic agreements worth RM1.34 billion at Expo 2025 Osaka. The occasion, held at the Malaysia Pavilion on 12 May in conjunction with the launch of the Ministry of Science, Technology and Innovation (MOSTI) Week, marked a significant step forward in advancing joint efforts by both nations to drive the low-carbon and bio-based economy agenda, in line with global sustainability commitments. Malaysia was represented by the Malaysian Bioeconomy Development Corporation (Bioeconomy Corporation), an agency under the Ministry of Science, Technology and Innovation (MOSTI), which has been instrumental in driving this collaborative initiative forward. According to Chief Executive Officer of Bioeconomy Corporation, En. Mohd Khairul Fidzal Abdul Razak, Japan’s selection as Malaysia’s strategic partner in innovation and technology reflects the strength of global cooperation to advance green economic growth and address global climate challenges. “Malaysia is proud to showcase the nation’s bioeconomy potential to the global market through strategic collaborations such as this. While leveraging Japan’s expertise in green innovation, BioNexus Status companies and those under the Bio-based Accelerator (BBA) programme are well positioned to drive transformation in renewable energy, sustainable agriculture, and bio-based products. This joint effort not only generates economic value but also contributes meaningfully towards a more sustainable, low-carbon future at both regional and global levels,” he said. The collaborations involve the development of renewable energy and the commercialisation of sustainable biotechnology products, aligning with the aspirations of the National Biotechnology Policy 2.0 and global sustainability goals. The first agreement involved reNIKOLA Holdings Sdn Bhd and Japanese conglomerate Sumitomo Corporation to explore a joint venture in developing renewable fuels such as biomethane and low-carbon derivatives including liquefied biomethane (LBM) and biomethanol by converting palm oil production residues. In the second agreement, MTC Orec Sdn Bhd, a bioenergy company under the Bio-based Accelerator (BBA) programme, and Japan’s IHI Plant Services Corporation entered into a collaboration for the development of biogas technology in Southeast Asia. Meanwhile, BioNexus Status company Glyken Bio Products Sdn Bhd signed a Memorandum of Agreement and supply contract with Japan’s Respect Co., Ltd. for the distribution of its bird’s nest glycopeptide-based products in the Japanese market. Mohd Khairul Fidzal added that the collaborations also reflect the alignment between Malaysia’s commitment to sustainable innovation and the theme of Expo 2025 Osaka, “Designing Future Society for Our Lives.” “It’s not just about accelerating market access and technology transfer,” said Mohd Khairul Fidzal, “but also about creating opportunities for the joint development of solutions to address climate change, energy security, and economic resilience. “Bioeconomy Corporation remains committed to strengthening international collaborations, expanding the innovation ecosystem, and exploring global opportunities to help local companies break into international markets in support of a more inclusive and competitive bioeconomy agenda.” Meanwhile, Malaysia Pavilion Director, Ellyza Mastura Ahmad Hanipiah, commented, “On behalf of Malaysia Pavilion, we are honoured to support MOSTI’s ongoing efforts in deepening global partnerships and driving quality investments into the country. “With a continued focus on fostering strategic collaboration, Malaysia Pavilion will remain a key platform for initiatives that unlock economic opportunities and strengthen international ties. In line with our target of securing at least RM13 billion in potential trade and investment and attracting 1.5 million visitors, we are fully committed to positioning Expo 2025 Osaka, Kansai as a premier stage for innovation, sustainable growth, and global engagement.”
- May 20, 2025Travel & Leisure
AirAsia Travel Advisory for flights to/from Langkawi during LIMA 2025
AirAsia wishes to remind all guests travelling to/from Langkawi during the 17th Langkawi International Maritime & Aerospace Exhibition (LIMA 2025) from 20 to 24 May 2025, to expect delays due to airspace closures during the show. Guests are advised to check their flight status regularly and follow the travel advisory below for a smooth and hassle-free journey. Perform self check-in via the AirAsia MOVE app. Self check-in is available as early as 14 days up to one hour before the scheduled departure time. Please note : Download the AirAsia MOVE app from the Apple App Store , Google Play Store or Huawei AppGallery to receive the latest travel information including the latest flight updates under the ‘Flight Status’ tab in the App. Counter check-in service will only be available for guests with reduced mobility, those travelling with an infant (under 24 months of age), pregnant guests, senior citizens and young guests travelling alone. Pregnant guests are required to fill out a form at the counter before boarding. Guests who are more than 27 weeks pregnant are required to submit an approved doctor's medical certificate. Guests with reduced mobility may pre-book Special Assistance (Wheelchair Service) at the time of booking or via “My Bookings” tab on the AirAsia MOVE app at least four hours before the scheduled flight departure time. For international travel, guests must meet the requirements for every country they will travel to and transit through, including visa requirements. These requirements may change from time to time and guests are advised to check the latest requirements with the respective embassies or consulates. The AirAsia MOVE App now allows you to upload or take a photo of your Visa and receive your complete Boarding Pass, making boarding seamless and hassle-free, with no unnecessary queues. Arrive early at the airport , at least two hours before your domestic flight and three hours prior to an international flight, to allow ample time for all necessary travel procedures during this peak travel period. Please note that the check-in counter will close one hour before the scheduled departure time at Kuala Lumpur International Airport (Terminal 2) and 45 minutes before departure at other airports in Malaysia for domestic flights. Use the e-Boarding Pass on AirAsia MOVE app to board the flight without the hassle of printing a boarding pass. The e-Boarding Pass is accepted at all airports in Malaysia and many other airports around the world where AirAsia operates. Use kiosks at the airport to print baggage tags and perform self-bag drop. Once guests have self checked-in, simply scan the QR code on the e-Boarding Pass at the airport kiosk to print the baggage tags and proceed to the self baggage drop counters to load the bags. Guests can also add on or increase baggage allowance up to four hours before departure using the AirAsia MOVE app. Ensure cabin baggage is the right size. Each guest is only allowed one piece of cabin baggage (not larger than 56 x 36 x 23cm in dimension) and/or one laptop bag OR handbag OR small bag on board. The total permitted weight for two pieces of unchecked baggage must not exceed 7kg.
- May 16, 2025Business
NX Group launches "Vienna Consolidation" ocean freight service from Japan to Central and Eastern Europe
Nippon Express Co., Ltd., (President: Shinjiro Takezoe; hereinafter "Nippon Express"), a group company of NIPPON EXPRESS HOLDINGS, INC. (President: Satoshi Horikiri), in collaboration with fellow group company cargo-partner GmbH (President: Luca Ferrara; hereinafter "cargo-partner"), has launched a "Vienna Consolidation" service for exports from Japan to Central and Eastern Europe. 【Background to service development】 With recent years seeing a rise in the demand for export cargo to Central and Eastern Europe, the limited consolidation service options for shipments originating in Japan have become an issue. To address this growing demand, Nippon Express worked with cargo-partner, whose network spans Central and Eastern Europe, to develop a cross-dock consolidation service to Central and Eastern Europe based out of its Vienna CFS. 【Overview of Vienna Consolidation service】 This service covers transport from major ports in Japan (Tokyo, Yokohama, Nagoya, Kobe, Hakata, Moji) to a total of 26 destinations in Central and Eastern Europe (Vienna, Graz, Linz, Innsbruck, Zagreb, Prague, Budapest, etc.). Nippon Express uses FP1, which sails non-stop from Japan to Northern Europe, for containerized transport of cargo to the Vienna CFS, where the containers are offloaded and the cargo devanned and transported to its respective destinations. The NX Group handles the cargo from origin to destination, ensuring high-quality, safe, and reliable service. 【Features of the service】 ・ A wide variety of destinations Service to the entire Central and Eastern European region is available from the Vienna CFS. Nippon Express provides extensive first-rate services using the trunk-line transport offered by cargo-partner's numerous business locations throughout the region. ・ High transport quality Containerized cargo is shipped directly from Japan to Northern Europe and then transported to the Vienna CFS. NX Group business locations perform all CFS tasks at both origin and destination to maintain high transport quality. ・ Attractive pricing Customers can save an average of 20-30% compared to traditional service pricing. The NX Group remains committed to making full use of all forms of transport to support its customers' business expansion on a global scale.
- May 16, 2025Business
AMATA Emphasizes ASEAN Growth and Export Diversification in Response to U.S. Tariffs
On April 2, 2025, the United States, under President Donald J. Trump, announced a 10% ad valorem tariff on all imports from trading partners, which took effect on April 5, 2025. Additional retaliatory tariffs targeting countries with trade surpluses, including Thailand and Vietnam, are currently under a 90-day grace period before implementation. Amata Corporation PCL is closely monitoring the rapidly evolving global trade landscape. While the final scope and impact of these tariffs remain subject to ongoing negotiations, it is clear that economies serving as global production hubs will face significant consequences. In consideration of the current situation, Mr. Vikrom Kromadit, Chairman and CEO of Amata Corporation PCL (AMATA), encourages businesses to adjust production strategies and explore new export destinations. “What’s happening requires us to adapt. Thailand is more than a base for U.S.-bound exports, it serves global markets. We must try to broaden our reach and strengthen capabilities by learning from developed nations, and integrating foreign talent with local expertise,” Mr. Kromadit said. He also emphasized the opportunities presented by growing intra-ASEAN trade, particularly with China. Thailand’s geographical location and connectivity via road and rail add up to logistics convenience. Mr. Osamu Sudo, Acting Chief Marketing Officer of Amata Corporation, expressed confidence in Thailand’s continued attractiveness to foreign investors. He cited the country’s advanced infrastructure, strategic location, and resilience of its industrial sector as key strengths. Amata maintains its annual growth target, supported by its network of sustainable industrial cities across the region, which offer investors a range of options and are designed for long-term success amid an evolving global trade environment. The company notes that many investors are already factoring geopolitical risks into their long-term strategies and remain confident in ASEAN as a stable and strategic production base. ********************************** For more information, please contact: Amata Corporation PCL., Corporate Communication, [email protected]
- May 16, 2025Business
News leadership changes at Seven West Media
Seven West Media (SWM) today announced the appointment of Ray Kuka as Director of News and Current Affairs. Mr Kuka has been an integral part of the 7NEWS team for more than two decades. He originally joined the 7NEWS Brisbane team as an intern while at university, and went on to work for Seven in Sydney, Melbourne, Brisbane, Perth, London and China. Mr Kuka is currently SWM’s Deputy Director of News and Current Affairs and Director of News in Perth. He has been consistently delivering audience wins in one of Australia’s most important and growing markets, and has been responsible for Seven’s major news events coverage for almost a decade. In his new role, commencing 19 May 2025, Mr Kuka will be responsible for Australia’s most-watched news and current affairs programming. SWM Managing Director and Chief Executive Officer, Jeff Howard, said: “Ray will build on the drive for high quality journalism that defines our news services. The continued integration with sport and the progress we have made building 7NEWS’ digital presence will also remain priorities.” Mr Kuka’s appointment follows the decision by current SWM Director of News and Current Affairs, Anthony De Ceglie, to take an external opportunity. Mr De Ceglie has been an integral part of Seven West Media since 2019. During this time, Anthony has driven change and innovation, including the launch of a new National digital newspaper, The Nightly, a national news desk and a new midday bulletin. Mr Howard said: “Anthony has made a significant contribution to Seven West, in particular to 7NEWS over the last 12 months, and we wish him all the best for the future in his new role, as CEO of the new NRL team in Perth.” Mr De Ceglie said: “I have loved every minute of my six-years at Seven West Media, both as Editor-in-Chief of West Australian Newspapers and more recently as the Director of News and Current Affairs at Seven.” “The support and guidance from everyone has always been incredible and I am forever grateful.” Mr Kuka said: “I am already so proud to be part of the Seven newsrooms that deliver the best daily stories and the best coverage of major events. “Now being charged with leading them is next level and a privilege I’ll never take for granted. I love working in television and can’t wait to see what the future brings our staff and our audiences.” Mr Kuka’s successor for Perth News Director will be announced in due course. Mr De Ceglie will support Mr Kuka through the transition before his last day on 30 May 2025. SWM Chairman, Mr Kerry Stokes AC, said: “We thank Anthony for his contribution and leadership and wish him every success in his future role, which sees him return to Perth. “The SWM team is full of the best operators in the business. Ray is the ideal person to lead Australia’s number one News and Current Affairs team to an even better future.” Mr Howard said “Ray will bring a new, fresh perspective on news innovation as we continue to be Australia’s unmissable choice for news, sport and entertainment. I look forward to working with him in his new role. “In addition to Ray’s appointment, we have taken the opportunity to bolster our executive team, to ensure we continue to deliver our strategic objectives and future ambition. To that end, we are also excited to announce that Sarah Stinson, Director of Morning Television, will join the SWM executive team.” For more information, please contact: Kaycie Bradford Communications Director, Corporate M: 0400 002 664 E: [email protected] 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 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 and platforms, including the Seven Network and its affiliate channels 7two, 7mate, 7flix and 7Bravo; 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, Dancing With The Stars 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.
- May 16, 2025Business
Duopharma Biotech Records 36.2% Revenue Growth and 67.8% Profit Improvement in Q1 FY2025
Duopharma Biotech Berhad ("Duopharma Biotech" or "the Company") recorded strong revenue and profit growth in the first quarter ended 31 March 2025, with revenue rising 36.2% to RM262.74 million compared to RM192.97 million in the same period last year. The revenue growth was driven by good performance across all business sectors, with a notable surge in the supply of insulin as supply regularised to fulfill all outstanding orders coupled with enhanced sales to the public sector. At the same time, industry-wide normalisation of Active Pharmaceutical Ingredient (API) prices to a pre-pandemic level also contributed to profit growth. The profit before tax (PBT) and profit after tax (PAT) for Q1 FY2025, recorded at RM33.74 million and RM25.64 million respectively, both improved by 67.8% year-on-year. Similarly, the Company achieved robust quarter-on-quarter performance, with Q1 FY2025 revenue growing 35.7% compared to Q4 FY2024, while PBT and PAT rose by 93.4% and 70.0% respectively in the same period. Leonard Ariff Abdul Shatar, Group Managing Director of Duopharma Biotech Berhad, commented, "The Group is off to a strong start in the first quarter of 2025, driven by sustained growth momentum and operational resilience. We see a favourable domestic market, and are pleased to continue contributing towards strengthening Malaysian healthcare capabilities and community wellness with our comprehensive portfolio of effective and innovative products. Meanwhile, in light of global economic uncertainties, we are vigilant in monitoring for potential impact, while remaining focused on enhancing operational efficiencies, optimising cost management strategies, and adapting to evolving market conditions, to remain competitive in the face of rising costs." In April 2025, Duopharma HAPI Sdn Bhd, a wholly-owned subsidiary of the Company, received and accepted one Letter of Offer (LOO), and Duopharma Manufacturing (Bangi) Sdn Bhd, a wholly-owned subsidiary of the Company, received one additional LO0 from Pharmaniaga Logistics Sdn Bhd for the supply of pharmaceutical and non-pharmaceutical products under the Ministry of Health Malaysia's Approved Products Purchase List (APPL) to healthcare facilities operated by the Malaysian Government. With these additional LOOS plus the other LOOS received by the Group earlier, the Group is now contracted to supply a total of 100 products with a combined estimated value of approximately RM684.15 million, until 31 December 2026. During Q1 FY2025, the Group paid a second interim dividend of 2.0 sen per share (2024 corresponding quarter: 1.8 sen) equivalent to RM 19.24 million (2023 corresponding quarter: RM17.32 million) in respect of financial year ended 31 December 2024.
- May 15, 2025Business
JD Logistics Launches International All-Cargo Air Route Between Wuhu, China and Hanoi, Vietnam
JD Logistics, also known as JINGDONG Logistics, has officially launched a new international all-cargo air route connecting Wuhu, China with Hanoi, Vietnam—marking the first direct freight flight service from Wuhu to Vietnam. This new route builds on JD Logistics’ growing Southeast Asia air network, which already includes routes between Shenzhen and Bangkok, as well as Shenzhen and Kuala Lumpur. Leveraging the strategic location of Wuhu Xuanzhou Airport (IATA：WHA) in China’s Yangtze River Delta, this new route enables efficient multimodal transportation across air, rail, road, and waterways, covering most of China’s core cities within 2-4 hours. The Wuhu to Hanoi route will primarily serve as a critical channel for exporting apparel, home appliances, furniture, and mechanical parts from eastern and central China to Vietnam, while facilitating the import of Vietnamese specialty goods into China. Operating 2–3 times per week, each flight can carry up to 20 tons of cargo. The launch is part of JD Logistics’ broader strategy to build its “11668” global supply chain air network . In recent years, JD Logistics has made significant progress in expanding its global end-to-end logistics capabilities. The company now operates over 100 bonded, direct mail, and overseas warehouses worldwide, managing more than 1 million square meters. In Southeast Asia alone, JD Logistics runs 7 overseas warehouses, supporting local businesses, Chinese brands expanding globally, and cross-border e-commerce sellers. In 2024, the company’s Southeast Asia business has more than doubled in volume year-over-year, driven by deepening strategic partnerships across the region. JD Logistics is also rapidly expanding its cross-border air freight capabilities across Southeast Asia, with air routes now serving Vietnam, the Philippines, Bangladesh, Thailand, and Malaysia. Looking ahead, the company will continue investing in its three strategic pillars—overseas warehouses, international air freight, and global express delivery—as it works to build a seamless and efficient global supply chain logistics network for businesses and consumers worldwide. ( [email protected] )
- May 15, 2025Business
CATL and Changan Mazda Sign Memorandum of Understanding to Accelerate Electrification
Recently, CATL and Changan Mazda Automobile (hereinafter referred to as "Changan Mazda") signed a memorandum of understanding (MoU) in Shanghai, under which both parties will, based on CATL's CIIC (Integrated Intelligent Chassis) - commonly known as the Skateboard Chassis - and Changan Mazda's vehicle manufacturing capabilities, jointly develop new energy vehicles (NEVs) featuring better intelligence and higher efficiency. The collaboration will inject strong momentum into Changan Mazda's electrification strategy while offering the industry a model for transformation through "technology integration and efficient development". The two companies plan to deepen cooperation in the skateboard chassis segment by combining their respective strengths. CATL's platform features a decoupled upper and lower body design, modular subsystems, standardized interfaces, and a hardware-software decoupling architecture. These characteristics allow for rapid adaptation across multiple vehicle models, significantly shortening development cycles and enabling both parties to respond more flexibly to evolving market demands. Looking ahead, CATL and Changan Mazda will continue to explore the application of the latest NEV technologies, aiming to deliver high-quality, safe NEVs and drive forward the transition to electrification.
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