FEATURED NEWS
- May 6, 2024Education
The "Building Bridges for Love" public welfare initiative supported 6,200 students in completing their education in 2023
Approximately one year ago, the "Building Bridges for Love" public welfare initiative was jointly launched by the China Children and Teenagers Fund and the Binzhou Shiping Public Welfare Foundation. This initiative, established in memory of the late founder of China Hongqiao Group, Mr. Zhang Shiping, aims to continue his legacy by promoting education in rural China. Under the guiding principle of "Helping disadvantaged children to have a better future," the “Building Bridges for Love” initiative has committed to a five-year plan, investing a total of 30 million yuan in economically underdeveloped regions such as Yunnan Province. The initiative aims to improve the facilities of rural schools, support disadvantaged children in compulsory education, provide care services for adolescent girls, and enhance vocational skills for female vocational students, helping more children and teenagers achieve their life dreams and have a better future. The initiative is expected to benefit more than 30,000 children and teenagers. One year into its implementation, the “Building Bridges for Love” initiative has already made a significant impact in Yunnan Province. With an investment of 6 million yuan over the past year, the initiative has supported 10 rural schools and 10 higher education institutions, benefiting a total of 6,200 students, and helping them to complete their education. By achieving its expected results for the first year, the initiative has injected strong momentum into the development of education in Yunnan Province. "Building Bridges for Love" managed to light a beacon of hope for children from disadvantaged families and help them achieve their educational dreams. Furthermore, the "Building Bridges for Love" initiative distributed scholarships to 100 scholarships to outstanding but financially challenged students. Due to the remote location and inconvenient transportation, many rural schools in Yunnan adopt boarding systems. Therefore, hardware facilities such as cafeterias, bathrooms, and dormitories, which are closely related to the children's lives, have become one of the focuses of attention from the "Building Bridges for Love" initiative. These facilities significantly impact the living conditions of the students. Through investments in these facilities, the students not only feel the love and care from society but also draw courage to strengthen their life beliefs and pursue their educational and professional dreams. About the Shiping Foundation: The Binzhou Shiping Public Welfare Foundation was established in memory of the late founder of China Hongqiao Group, Zhang Shiping. In order to inherit the spirit of Zhang Shiping and practice social responsibility, the current CEO of China Hongqiao Group, Zhang Bo, along with Zhang Hongxia and Zhang Yanhong, launched the Shiping Foundation after Zhang Shiping's passing in May 2019. Each year, the Shiping Foundation supports 10 outstanding research groups at the University of the Chinese Academy of Sciences with a prize fund of 10 million yuan to encourage innovators in the field of applied science and technology to excel in their research and achieve breakthroughs. Furthermore, the Shiping Foundation is contributing to the development of rural China by constructing and furnishing educational facilities and providing support, especially to girls from low-income backgrounds, to enable them to lead healthier and better lives, pursue their dreams, and nurture local talent. Source: 魏桥创业 Weiqiao Pioneering Group Official WeChat Account
- May 6, 2024Business
Seatrium Secures FPSO Topsides Integration Contract with MODEC
Seatrium Limited (Seatrium or the Group) is pleased to announce that it has secured a Floating Production Storage and Offloading (FPSO) topsides integration contract from longstanding customer, Offshore Frontier Solutions Pte. Ltd., a MODEC Group company. The contract scope of work covers the installation and integration of topside modules onboard the FPSO Errea Wittu, and includes completion and commissioning support for MODEC. Mr Marlin Khiew, Executive Vice President, Oil & Gas (Americas) of Seatrium, said, "We are pleased to be working with our longstanding customer, MODEC, on yet another FPSO topsides integration project, solidifying our position as the industry leader in FPSO conversions. Through our strong partnership and unwavering dedication, including decades of collaboration with MODEC, we continue to deliver cutting-edge offshore solutions that redefine excellence. Leveraging our deep engineering expertise, international yard footprint, and strong track record, Seatrium provides innovative, reliable, quality, and value-added offshore and marine solutions for our esteemed customers." The FPSO Errea Wittu will be deployed in the Uaru Field, Stabroek Block, approximately 200 kilometers offshore Guyana. The FPSO Errea Wittu is expected to have a production capacity of 250,000 barrels of oil per day (bopd), water injection capacity of 350,000 barrels of water per day (bwpd), 540 million cubic feet per day (mmscfd) of gas production and a storage capacity of two million barrels of oil. Over the years, Seatrium has built a strong track record in the FPSO space, including delivering a significant number of FPSO projects for MODEC since its first FPSO conversion Whakaaropai in 1996. The Group is currently undertaking integration work for FPSO Bacalhau, which will be operating in the Bacalhau field, Santos Basin, offshore Brazil. Separately, BrasFELS, Seatrium’s yard in Angra dos Reis, Brazil, is also currently executing topside modules fabrication for FPSO Raia. -End - 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
- May 5, 2024Lifestyle
Mandarin makeover: Coles launches recyclable paper bag packaging in time for winter
As we enter the cooler months and the much-loved mandarin comes into season, Coles has done away with the plastic net bag and has instead launched packets of the lunchbox staple in a 100% recyclable paper bag. The new-look packaging solution for Coles Unique Selection mandarins will avoid the use of 11,700 kilograms of plastic in one year and can be recycled kerbside. With more than one million of the paper bags expected to be sold between April and October this year, Coles General Manager Fresh Produce Charlotte Gilbert said the packaging update was proof the retailer was looking to reduce waste and make recycling more convenient and accessible for its customers. “We know how much our customers love mandarins at this time of year, so we’re pleased to be able to offer them in a new paper bag that can be put in your recycling bin once you’ve had a chance to enjoy them,” said Charlotte. “Customers can still purchase their favourite mandarin loose, including the delicious Imperial and Afourer varieties, with more than 16 million tonnes of the citrus fruit expected to be sold across Coles stores this season,” she said. Planet Ark CEO Rebecca Gilling praised Coles for providing a recyclable alternative to the plastic net bags traditionally used as part of the company’s efforts to reduce food and packaging waste across operations. “It’s very positive to see Coles designing packaging to avoid plastic waste and provide Aussies with a recyclable alternative to a plastic net bag. While we support buying loose and reusing bags where possible, we commend Coles for its work to close the recycling loop and provide customers with products that can be easily recycled,” said Rebecca. The new-style packets of mandarins in paper bags (800g) are available in all states and territories excluding Western Australia and start from $5.50. For media enquiries, please contact Coles Media Line (03) 9829 5250 or media.relations@coles.com.au
- May 3, 2024Business
CapitaLand India Trust to invest in 2.5 million sq ft of IT buildings at HITEC City, Hyderabad
Pictured is the artist's impression of aVance A1, Hyderabad, which CLINT plans to acquire from Phoenix Group. CapitaLand India Trust (CLINT) has entered into a forward purchase agreement with Phoenix Group to acquire IT buildings with a total leasable area of 2.5 million square feet (sq ft) in HITEC City, India. HITEC City is a major IT and office hub in Hyderabad where many large multinational companies are located. The acquisition of the strategically located assets is expected to increase CLlNT’s earnings and distributions for Unitholders. Pro forma net profit from the buildings is forecasted to be approximately S$4.5 million2 on a stabilised basis. Pro forma distribution per unit is expected to increase from 6.45 cents to 6.47 cents3. As part of the forward purchase arrangement, CLINT will provide funding of INR2.15 billion (S$34.68 million)4 to refinance the existing loan and receive interest on the funding at a rate which is higher than its borrowing cost. CLINT will also provide funding in future towards development of the buildings and acquire the buildings at a price to be determined5 as and when each building is constructed and leased up to 90%. The acquisition is attractive as its capitalisation rate is higher compared to the market’s capitalisation rates. "The forward purchase allows us to secure prime assets that will further strengthen our presence in Hyderabad, which has strong leasing demand from multinational companies. The buildings are situated within the city’s prime IT Corridor in HITEC City and CLINT is well established in this location with a portfolio of approximately 5.2 million sq ft with high levels of occupancy." Mr Sanjeev Dasgupta, Chief Executive Officer of CapitaLand India Trust Management Pte. Ltd. (the Trustee-Manager of CLINT) CLINT has a long-standing partnership with Phoenix Group since 2011, having acquired five buildings with approximately 2.1 million sq ft of total leasable area through a forward purchase agreement. The five buildings are located within CLINT’s business park, aVance Hyderabad, and it plans to acquire another two buildings (aVance 5 and aVance A1) in aVance Hyderabad from Phoenix Group within the next 18 months, further enhancing CLINT’s portfolio. CLINT’s presence in Hyderabad CLINT’s portfolio in Hyderabad currently comprises three business parks: aVance Hyderabad, CyberPearl and International Tech Park Hyderabad (ITPH). CLINT is also developing a data centre in ITPH, which is expected to be completed in 2025. --------------------------------- Notes: 1. Distribution per Unit. 2. Estimated income available for distribution is based on the assumed revenue derived from Phase 1 of the project post-acquisition, net of operating and financing expenses as well as withholding taxes. 3. Based on the assumption that CLINT had completed the acquisition on 1 January 2023 and held the interest in Phase 1 of the project through to 31 December 2023. 4. Exchange rate of S$1 = INR62. 5. Subject to conditions including an independent valuation which will be conducted and announced at the time of acquisition.
- May 3, 2024Business
Shaun Menegola resigns from Seven Melbourne
The Seven Network today announced the resignation of Shaun Menegola as Director of News, Seven Melbourne. His departure date has not yet been finalised and he will remain in his role for a transition period. Mr Menegola said: “I have decided to call an end to my time here at 7NEWS in Melbourne. “It’s entirely my decision and one I’ve been thinking about for a long time. It’s not one driven by anything else other than the fact that I’m looking to take a break to recharge and reboot – and to spend some time in my home state with family. “I couldn’t be prouder of what this team has achieved over the last five or so years, and of the bulletins we turn out every night. “It’s been a highlight of almost three decades running news bulletins and newsrooms,” he said. Anthony De Ceglie, Seven Network Director of News and Public Affairs and Editor-in-Chief, Seven West Media, said: “Shaun has made a remarkable contribution to Seven Melbourne and, before that, Seven Perth over many years and he will be greatly missed. “He has been a driving force behind the success of 7NEWS Melbourne over the past five years and will leave a great legacy.” Mr Menegola’s successor will be announced in due course. For more information, please contact: Neil Shoebridge M: 0417 511012 E: neil@skmediagroup.com.au Andrew Knowles M: 0449 510 357 E: andrew@skmediagroup.com.au About theSeven Network The Seven Network is part of Seven West Media (ASX: SWM), one of Australia’s most prominent media companies, with a market-leading presence in content production across broadcast television, publishing and digital. The Seven Network alone reaches about 17 million people a month. The company owns some of Australia’s most renowned media businesses, including the Seven Network and its affiliate channels 7two, 7mate, 7flix and 7Bravo; the digital platform 7plus; 7NEWS.com.au; The West Australian; The Sunday Times; and The Nightly. The Seven Network is home to Australia’s most loved news sport and entertainment programming, including 7NEWS, 7NEWS Spotlight, Sunrise, The Morning Show, The Voice, Home and Away, Australian Idol, My Kitchen Rules, SAS Australia, Farmer Wants A Wife, The Chase Australia, Better Homes and Gardens, RFDS, The 1% Club and the TV WEEK Logie Awards. Seven Network is also the broadcast partner of the AFL, Cricket Australia and Supercars.
- May 3, 2024Games & Entertainment
UEM EDGENTA HOSTS AIDILFITRI CORPORATE OPEN HOUSE
Syahrunizam Samsudin, MD/CEO UEM Edgenta Berhad hosting international guests at the Company's recent Aidilfitri open house. From left: Syahrunizam Samsudin, MD/CEO of UEM Edgenta Berhad (2nd from left), Rowina Ghazali Seth, Independent Non-Executive Director of UEM Edgenta, Ir. Vekneswaran T. Arasappan, Head of Property and Facility Solutions, and Tan Sri Dr. Azmil Khalid, Chairman of UEM Edgenta (2nd right). Dato' Mohd Izani Ghani, Managing Director, UEM Group Berhad, and Syahrunizam Samsudin, Managing Director / Chief Executive Officer, UEM Edgenta Berhad together with orphans from Pusat Jagaan Darul Sakinah Angkasa at UEM Edgenta's recent Aidilfitri open house. Syahrunizam Samsudin, MD/CEO, UEM Edgenta sampling fares from one of the many invited vendors at the Company's Aidilfitri open house. Syahrunizam Samsudin, MD/CEO UEM Edgenta Berhad hosting international guests at the Company's recent Aidilfitri open house. From left: Syahrunizam Samsudin, MD/CEO of UEM Edgenta Berhad (2nd from left), Rowina Ghazali Seth, Independent Non-Executive Director of UEM Edgenta, Ir. Vekneswaran T. Arasappan, Head of Property and Facility Solutions, and Tan Sri Dr. Azmil Khalid, Chairman of UEM Edgenta (2nd right). Dato' Mohd Izani Ghani, Managing Director, UEM Group Berhad, and Syahrunizam Samsudin, Managing Director / Chief Executive Officer, UEM Edgenta Berhad together with orphans from Pusat Jagaan Darul Sakinah Angkasa at UEM Edgenta's recent Aidilfitri open house. Syahrunizam Samsudin, MD/CEO, UEM Edgenta sampling fares from one of the many invited vendors at the Company's Aidilfitri open house. Syahrunizam Samsudin, MD/CEO UEM Edgenta Berhad hosting international guests at the Company's recent Aidilfitri open house. Following a day celebrating community spirit and gratitude, UEM Edgenta Berhad (UEM Edgenta)’s Hari Raya Aidilfitri open house event, themed "Indahnya Syukur Syawal" was very well received and saw over 2,000 guests in attendance comprising of its diverse clients stakeholders, including Malaysia’s sovereign wealth fund, Khazanah Nasional Berhad. The leading integrated asset management and infrastructure services provider’s event featured a bustling bazaar-like atmosphere, with local entrepreneurs showcasing their products. Attendees had the opportunity to explore offerings from Brotani, Soul Soil, The Mok’s, and other participating vendors while supporting small businesses and Malaysian youths. The bazaar was made possible through UEM Edgenta’s collaboration with Penglipur Lara, well known for its curation of local emerging brands through its pop-up bazaar series. Syarunizam Samsudin, Managing Director and Chief Executive Officer, UEM Edgenta, shared, "We are indeed delighted by the overwhelming success of this year's open house celebration. The theme 'Indahnya Syukur Syawal' truly encapsulated the spirit of gratitude and togetherness that defines Aidilfitri. While we celebrate each other’s company over good food, the bazaar reflects the Company’s appreciation for the success made possible through collaborations with the wider vendor ecosystem.” A continuation of the Company’s heartwarming generosity during Ramadan, the open house welcomed orphans from Pusat Jagaan Darul Sakinah Angkasa to join in the festivities, spreading the joy of Aidilfitri and fostering a sense of inclusivity within the community. “Carrying over the caring and compassionate spirit from our Ramadan CSR called ‘Jalinan Kasih Edgenta’, we continue to create positive experiences for the wider community and are proud to strengthen the silaturahim during Syawal as well while aspiring to create a sustainable and impactful legacy of compassion and support,” added Syahrunizam. Before the main open house event in the afternoon, UEM Edgenta hosted a special staff open house, where employees showcased their talents in a lively competition. The event showcased the creativity and unity within the Company. Among the guests seen mingling during the open house were Datuk Amran Hafiz Affifudin, Executive Director, Khazanah Nasional Berhad, Dato' Mohd Izani Ghani, Managing Director, UEM Group Berhad, and Tan Sri Dr. Azmil Khalid, Chairman, UEM Edgenta just to name a few. Other notable names include Anas Tahir and Mawi from Astro Radio, and current podcast personality Khairy Jamaluddin from Keluar Sekejap podcast series. UEM Edgenta extends its heartfelt appreciation to all who attended and contributed to the success of the event. We look forward to continuing to celebrate diversity, unity, and community spirit in future endeavours.
- May 3, 2024Travel & Leisure
AirAsia Connects India's First UNESCO City - Ahmedabad, to Kuala Lumpur
Yesterday, AirAsia welcomed its inaugural flight from Ahmedabad, India's first UNESCO World Heritage City, further enhancing its India-Malaysia air connectivity. This new route, operating four times weekly, allows travellers to easily explore Ahmedabad's rich cultural heritage and Kuala Lumpur's vibrant city life at affordable prices. Guests onboard today's inaugural flight (AK90) with a 100% load factor received a warm welcome from Deputy Director South Asia Unit of Tourism Malaysia, En. Solehuddin Ahmad, representing the Director General of Tourism Malaysia, as well as AirAsia Allstars. Deputy Director South Asia Unit of Tourism Malaysia, En. Solehuddin Ahmad said: “We wholeheartedly commend AirAsia for their continuous efforts in further expanding air connectivity between our two nations, now with 15 and counting direct routes from India. With this new route and AirAsia’s great value fares, more travellers can visit our beautiful country affordably be it for leisure or business. This is also a much welcomed initiative following the government's recent announcement of visa-free entry for nationals of India to Malaysia.” Group Chief Commercial Officer of AirAsia, Paul Carroll said: “This marks a significant step in our ever evolving journey to cement our foothold in India, one of our biggest and fastest growing markets. We also hope that this connectivity will allow more travellers from India to explore the region beyond Malaysia thanks to our seamless Fly-Through options. We look forward to kickstarting more routes, and creating more memorable travel experiences for our trusted guests.” AirAsia now operates a robust network servicing 15 international routes directly from India to Malaysia with 78 flights weekly on short-haul airline AirAsia Malaysia (flight code AK), from the cities of Trivandrum, Chennai, Tiruchirappalli, Kochi, Hyderabad, Bengaluru, Kolkata, Ahmedabad, Jaipur, Visakhapatnam, Bhubaneswar (flights to commence on 28 May 2024) as well as Kozhikode and Guwahati (flights to commence on 1 Aug 2024). Medium haul affiliate airline AirAsia X Malaysia (flight code D7) also provides two direct routes from New Delhi and Amritsar to Kuala Lumpur with 8 flights weekly. The continued growth in AirAsia services to and from India ensures a comprehensive and seamless travel experience for guests across India and beyond, connecting them to over 130 destinations on the widest low-cost network in Asia. Stay tuned to all-things-AirAsia by following us on Instagram at @ flyairasia .
- May 2, 2024Travel & Leisure
Boutique Brisbane Hotel joins EVT Hotels & Resorts, furthering Invictus partnership
Boutique Brisbane Hotel joins EVT Hotels & Resorts, furthering Invictus partnership EVT Hotels & Resorts announces the hotel management of The Inchcolm, Brisbane, effective today. This announcement marks an extension of their partnership with Invictus Developments and further expansion of the Independent Collection by EVT (ICbE). The Inchcolm, Brisbane – alongside The Old Clare Hotel and Harbour Rocks Hotel – extends EVT Hotels & Resorts and Invictus’ portfolio to three properties, demonstrating the Independent Collection’s ability to offer hotel owners unique and adaptable operating arrangements across all travel segments, including multi-hotel operations. Management of The Inchcolm further enhances EVT’s presence in key CBD locations and boutique hotel offerings. With a revamped guest experience planned for the property and an updated food and beverage offering, EVT will bring their renowned hospitality expertise and local capability. Norman Arundel, EVT's Director of Hotel and Resorts Operations commented on the announcement, “Now a three-hotel partnership under our management, the synergy between Invictus Developments’ investment ambitions in Australia and our operational expertise is continuing to flourish. The Inchcolm, Brisbane is a charming, boutique hotel and a valued addition to the Independent Collection by EVT which continues to present hotel owners with a flexible model for any property type.” Chayadi Karim, CEO of Invictus Developments, says, “Our ambitions within the Australian hotel sector are significant, and partnerships are key to our success. The addition of The Inchcolm, Brisbane under EVT’s management builds upon the expertise and capability injection already demonstrated at The Old Clare and Harbour Rocks Hotels. We look forward to continued momentum across these three hotels.” Located in the heart of Brisbane on historic Wickham Terrace, The Inchcolm is a distinctive, charming hotel with a rich history, delicate features, and breathtaking rooms. With neo-Georgian design, the hotel pays homage to the building’s past as a residency for physicians, including a vintage cage-styled elevator, original woodwork throughout and decorative ceilings. The hotel currently features: 50 guest rooms, mixing heritage styling and city views The Inchcolm Bar, a rich and indulgent affair celebrating local produce and martinis Private event options including ‘The Parlour’ private dining space Conference and meeting room facilities Access to local fitness centre Located on historic Wickham Terrace in Brisbane’s CBD, The Inchcolm is on the doorstep or attractions and businesses, alike.
- May 2, 2024Charity
Coles unleashes new fundraising campaign to support Guide Dogs
Coles has unleashed a new national fundraising campaign for Guide Dogs to help support Australians living with low vision or blindness. Until Tuesday, 21 May, Coles will donate 5 cents to Guide Dogs when customers purchase a dog food product in-store and on Coles Online (excluding pet accessories and treatments and to a maximum of $300,000). Funds raised will help support the work of Guide Dogs to continue to breed, raise and train Guide Dogs across Australia, like Isla who supports 21-year-old Karlee from Shoalhaven, New South Wales. Karlee, who was born legally blind, said having Guide Dog Isla by her side has given her freedom and independence to thrive and navigate the world around her. “Before receiving my Guide Dog, my independence was limited, and I felt extremely restricted and isolated. My world was getting darker and really felt like it was shrinking. Even leaving my house independently was a challenge and filled me with fear and anxiety,” she said. “When I got my first Guide Dog Olympia, I experienced freedom for the first time. Olympia has since retired and last July I was matched up with Isla who allows me to leave my house with confidence and truly has opened up my world so much. The bond I share with Isla is so special and like no other. We trust each other immensely and have a deep level of communication, which allows us to work together as a team. Isla has given me the gift of independence, freedom and constant companionship which I am forever grateful for.” “Due to my lifestyle, I required a very confident and adaptable dog who could work well in a range of dynamic environments. Personality was another big factor involved in matching. Both me and Isla have very similar personalities. We thrive on being active and love exploring new places.” In addition to purchasing a participating dog food product at Coles during the campaign, customers can also support Guide Dogs by ‘feeding’ a Donation Dog with loose change at a Coles supermarket or selected Liquorland and First Choice Liquor Market store year-round. Coles Group Head of Culture & Inclusion Katie Wyatt said Coles is delighted to expand its support for Guide Dogs through the new fundraiser. “Coles is always looking at ways to make the shopping experience - both instore or online - for our customers more accessible and inclusive and we are proud of our long running partnership with Guide Dogs to improve access for Australians living with low vision or blindness,” she said. “Together with our customers, Coles has already raised more than $14 million over 40 years through initiatives such as the Donation Dogs at the front of our supermarkets and Liquor stores. We hope this new and exciting campaign will raise further funds and awareness for Guide Dogs.” Dr Russell Harrison, Guide Dogs GM Dog and Vision Services said funds raised will enable Guide Dogs to not only provide Guide Dogs but a range of other inclusive services. “Creating a world that is accessible and inclusive for people with low vision or blindness is only possible with support from organisations like Coles,” he said. “Coles team members and their customers already show their kindness on a daily basis by ‘feeding’ our Donation Dogs. This campaign will help continue to fund the breeding, raising and training of Guide Dogs as well as a multitude of other essential services. Our thanks go to the team at Coles and their customers whose generous support is changing lives.” For media enquiries, please contact Coles Media Line (03) 9829 5250 or media.relations@coles.com.au
- May 2, 2024Business
Pact Group wins prestigious Circular Economy Award
Pact has won the Circular Economy Award at this year’s Chemistry Australia Industry Awards for our plan to recycle the equivalent of half a billion used milk bottles a year and turn them into new milk bottles and other packaging. The prestigious Circular Economy award. The used milk bottles and other dairy containers are collected from household recycling bins and then processed at the Pact-operated Circular Plastics Australia (CPA) mixed plastics recycling plant in the Melbourne suburb of Laverton. The CPA facility, which is a joint venture with Cleanaway Waste Management, opened earlier this year and can recycle up to 20,000 tonnes of used high density polyethylene (HDPE) and polypropylene (PP) packaging each year at full operational capacity. This equates to around half a billion 2L milk bottles. The recycled resin will be used at our packaging manufacturing facilities in Sydney, Melbourne, Brisbane, and Perth which are being upgraded to enable an increase in the use of recycled content used to make HDPE milk bottles and dramatically reduce the need for virgin plastic. Congratulations to the team at the CPA recycling plant and all the packaging manufacturing teams making milk bottles at our facilities around Australia. Sales Manager Geoff Harvey accepting the award. Pact sales team and customers enjoy the night.
- May 2, 2024Travel & Leisure
AirAsia Cambodia Takes Off!
Fourth from left (Front row): Dato‘ Fam Lee Ee, Chairman of AirAsia X; Datuk Captain Chester Voo, Deputy Group CEO (Airline Operations) of AirAsia Aviation Group; Bo Lingam, Group CEO of AirAsia Aviation Group; Tan Sri Tony Fernandes, CEO of Capital A, Vissoth Nam, CEO of AirAsia Cambodia at the send off ceremony for inaugural flight (KT 102) bound from Phnom Penh to Siem Reap, Cambodia today. AirAsia Cambodia (flight code KT) took to the skies today and celebrated its inaugural domestic flight from Phnom Penh to Siem Reap with almost 100 per cent passenger load. All guests travelling to Siem Reap on flight KT102 were sent off by Bo Lingam, Group CEO of AirAsia Aviation Group and Vissoth Nam, CEO of AirAsia Cambodia, along with AirAsia management and Allstars. The new airline's very first flight departed from Phnom Penh International Airport at 7:40am and landed at Siem Reap Angkor International Airport at 8:30am local time. Subsequently, the airline will also connect Siem Reap to Sihanoukville today, connecting three domestic destinations within Cambodia. These initial routes underscore AirAsia Cambodia’s commitment to enhancing connectivity and providing affordable and convenient travel options for Cambodians and visitors alike. Vissoth Nam, CEO AirAsia Cambodia said: “The launch of our first domestic flights today marks the beginning of a new chapter in Cambodia's tourism industry, one where accessibility meets affordability. By providing great value and reliable air travel options, we are empowering Cambodians to explore their own backyard and fostering economic prosperity through increased tourism and business opportunities. “The timing of AirAsia Cambodia's domestic flight launch is also opportune, coinciding with the government's concerted efforts to attract more tourists to the culturally rich province of Siem Reap through the recently launched ‘Visit Siem Reap 2024’ campaign. “AirAsia Cambodia is proud to be at the forefront of this transformative journey in shaping Cambodia's aviation future and we remain committed to supporting the government's tourism initiatives across the country by providing affordable travel options for all.” Bo Lingam, Group CEO of AirAsia Aviation Group said: “We are honoured to jointly celebrate the birth of our seventh AirAsia branded airline with our guests. Leveraging our strong foothold in ASEAN, AirAsia Cambodia is set to provide connectivity to over 130 destinations across Asia and beyond. With a track record of unlocking opportunities in underserved markets, we’re poised to catalyse a new era in Cambodia’s tourism industry and economy by making regional exploration more accessible to all.” As a Group, AirAsia flies to Cambodia internationally from its Kuala Lumpur and Bangkok hubs with 63 flights weekly. Domestically from today, the airline flies between Phnom Penh, Siem Reap and Sihanoukville with daily flights.
- May 1, 2024Apps & Software
Suntory Holdings’ Spirits Arm Beam Suntory Rebrands to Suntory Global Spirits
Beam Suntory, a world leader in premium spirits, announced that it has rebranded to Suntory Global Spirits, reflecting the company’s evolution into a truly global leader across categories in spirits and Ready-to-Drink cocktails. The new name is introduced as Suntory Holdings marks 10 years of sustained, profitable growth of its spirits business since acquiring Beam Inc. in 2014. The now Suntory Global Spirits has grown significantly over this time period – including from a $2.5 billion-dollar company to a $5.5 billion-dollar global spirits powerhouse today – and its team has also expanded, now comprised of more than 6,000 employees around the world. “ Now is the right moment to deepen our shared passion for the innovation and artistry that deliver incredible experiences through our products and fully unlock our unified advantage across our leading spirits portfolio ,” said Tak Niinami, President & CEO of Suntory Holdings, and Executive Chairman of the Board of Directors, Suntory Global Spirits. “ Since the acquisition of Beam Inc. in 2014, the company has gone through an incredible transformation to become an even stronger organization, led by our shared values of Growing for Good, Yatte Minahare and Giving Back to Society. We’re grateful to the entire global team under Greg’s leadership as we continue to inspire the brilliance of life in harmony with nature and grow the trust and love that people have for Suntory around the world. ” “ Suntory Global Spirits demonstrates our global leadership and premium position in the market, while enabling us to build upon the strong and positive brand recognition that Suntory has worldwide, ” said Greg Hughes, President & CEO of Suntory Global Spirits. “ The dedication that Suntory CEO Tak Niinami and Suntory Holdings have shown to advancing our culture and business growth – while also preserving the legacy of craftsmanship and interplay of traditions exemplified in brands from Jim Beam to Laphroaig and Maker’s Mark to Yamazaki – is extraordinary. Becoming Suntory Global Spirits is the natural next step in our evolution. ” The rebrand highlights the company’s unmatched focus on quality, craftsmanship and sustainability, and is expected to help Suntory Global Spirits drive value as one global team to become the World's Most Admired Premium Spirits Company . To learn more about Suntory Global Spirits, visit its new website at suntoryglobalspirits.com . About Suntory Group As a global leader in the beverage industry, Suntory Group offers a uniquely diverse portfolio of products, from premium spirits, beer, wine, ready-to-drink alcohol beverages, to brewed teas, bottled water, still and carbonated soft drinks, ready-to-drink coffee and energy drinks, along with health and wellness products. Suntory is home to award-winning Japanese whiskies Yamazaki , Hibiki and Hakushu, as well as iconic American spirits Jim Beam and Maker's Mark . Suntory also fascinates the taste buds with The Premium Malt's beer, and owns the exceptional Japanese wine, Tomi, and the world-famous Château Lagrange . Its brand collection includes Sauza Tequila , non-alcoholic favorites Orangina , Lucozade , Ribena , BOSS coffee, Iyemon green tea, Suntory Tennensui water, TEA+ Oolong Tea , V and BRAND’S , as well as popular health and wellness product Sesamin EX . Founded as a family-owned business in 1899 in Osaka, Japan, Suntory Group has grown into a global company operating throughout the Americas, Europe, Africa, Asia and Oceania, with an annual revenue (excluding excise taxes) of $20.9 billion in 2023. Its 41,511 employees worldwide draw upon the unique blend of Japanese artisanship and global tastes to explore new product categories and markets. As a corporation sustained by the gifts of nature and water, Suntory Group will always protect the ecosystems that deliver water. Because its ecosystem is the wellspring, not only of its business and the rich experiences the group creates for people's lives, but also of human life itself. Suntory Group will continue to be a company where everyone is empowered with the freedom and flexibility to innovate. Through all of its corporate pursuits, Suntory seeks to inspire the brilliance of life. Learn more about Suntory Group, its brands, and its commitment to social responsibility and sustainability at www.suntory.com , on Facebook , X , Instagram , LinkedIn , and YouTube . About Suntory Global Spirits As a world leader in premium spirits, Suntory Global Spirits inspires the brilliance of life by creating rich experiences for people, in harmony with nature. Known for its craftsmanship of premium whiskies, including Jim Beam® and Maker's Mark®; Japanese whiskies, including Yamazaki®, Hakushu®, Hibiki® and Toki™; and leading Scotch brands including Laphroaig® and Bowmore®, Suntory Global Spirits also produces leading brands such as Tres Generaciones® and El Tesoro® tequila, Roku™ and Sipsmith® gin, and is a world leader in Ready-to-Drink cocktails, with brands like -196 and On The Rocks™ Premium Cocktails. A global company with approximately 6,000 employees in nearly 30 countries, Suntory Global Spirits is driven by its core values of Yatte Minahare, Growing for Good and Giving Back to Society. The company’s Proof Positive sustainability strategy includes ambitious goals and investments to drive sustainable change and have a positive impact on the planet, consumers and communities. Headquartered in New York City, Suntory Global Spirits is a subsidiary of Suntory Holdings Limited of Japan. For more information, visit www.suntoryglobalspirits.com and www.drinksmart.com .
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