FEATURED NEWS
- May 29, 2024Health
JD Health Launches AI-Driven Mental Health Services
JD Health’s Mental Health Service Center unveiled a series of AI-driven service projects during a conference in Beijing on May 25th. The new offerings include “Small Universe for Chatting and Healing (聊愈小宇宙),” an AI-based therapeutic companion designed to support individuals, as well as multimodal diagnostic and digital management tools for doctors. This initiative establishes JD Health as China’s first AI-driven online mental health service platform. The chatbot, “Small Universe for Chatting and Healing,” leverages JD Health’s healthcare-specific large language model (LLM). It features a rich, multi-dimensional personality, demonstrating enhanced empathy, language expression, and logical thinking abilities. This product aims to improve user interaction and provide support through more human-like communication. The Mental Health Service Center currently hosts over 6,000 psychiatrists from renowned hospitals and more than 1,000 professional psychological counselors, offering around-the-clock services. For healthcare professionals, JD Health has introduced a multimodal diagnostic tool to enhance the quality and efficiency of psychological counseling and online diagnosis. Additionally, JD Health’s “Sleep Monitoring Data Processing Software” received the National Class II Medical Device License, enabling comprehensive monitoring of sleep physiological indexes and providing references for medical diagnosis and counseling. Tian Chenghua, Director of the Institute of Mental Health at Peking University, highlighted the impact of AI on psychological testing at the conference. He noted that AI applications could replace over half of manual tasks, significantly boosting the accessibility and efficiency of mental health services. Moreover, AI assists psychiatrists in developing treatment plans, thereby elevating treatment quality. JD Health’s innovative “doctor + medicines + psychological counseling” model integrates the convenience of telemedicine with extensive resource capacity, facilitating seamless links or referrals for mental health treatment and psychological counseling. This model enables targeted psychological assessments and personalized treatments for conditions such as depression and bipolar disorder. During the conference, JD Health also announced the formation of a mental health service quality management committee and released a standardized online mental health diagnosis and treatment pathway to promote industry-standard practices. JD Health aims to leverage its Internet Hospital’s leading position to integrate psychological services with other health resources, creating a cohesive service network. This includes medical checkups, chronic disease management, nutritional counseling, and medicine delivery. JD Health is committed to enhancing service levels, exploring innovative concepts, and developing a comprehensive, multi-level mental health service platform to promote widespread, high-quality mental health care. ( vivian.yang@jd.com )
- May 29, 2024Business
Nippon Express obtains halal certification for Fukuoka Chuo Logistics Center
Nippon Express Co., Ltd. (President: Shinjiro Takezoe; hereinafter "Nippon Express"), a group company of NIPPON EXPRESS HOLDINGS, INC. (President: Satoshi Horikiri), has newly acquired halal logistics certification from the Nippon Asia Halal Association (hereinafter "NAHA") for its Fukuoka Air Service Branch's Fukuoka Chuo Logistics Center, effective April 30. (Exterior view of Fukuoka Chuo Logistics Center) (Project members and certificate) [Background to certification] Kyushu, as a beef producing region, is a major exporter of Wagyu beef to the US, Hong Kong, and elsewhere. Beef exports from Kyushu have been rising year after year, and demand is growing in the United Arab Emirates and among the large Muslim populations of Southeast Asia. The demand for Japanese halal beef is expected to increase further with the establishment this month of an "Export Support Platform" in Malaysia by Japan's Ministry of Agriculture, Forestry and Fisheries. The Fukuoka Air Service Branch completed construction of the Fukuoka Chuo Logistics Center in July 2019, and to date has handled a large number of fresh food products exported from all over Kyushu. The Branch has now acquired halal logistics certification to meet the needs of customers involved in the export of increasingly in-demand halal products by utilizing the knowledge it has cultivated over the years. With the growing popularity of Japanese food products among people of diverse cultural backgrounds around the world, the NX Group is committed to further expanding its halal logistics service network to support customers' supply chains and continue offering safety and reliability to consumers worldwide. [Profile of business location]
- May 28, 2024APAC
Create the perfect adventure with Cathay Holidays, a one-stop travel hub for premium experiences
Cathay continues to build towards its vision of becoming one of the world’s greatest service brands with the refresh of Cathay Holidays, a premium one-stop travel hub with a new booking site powered by Expedia Group that offers customers a seamless way to plan and book their trip with ease. Cathay Director Customer Lifestyle Paul Smitton said: “At Cathay, we are committed to building deep, engaging relationships with our customers by offering them curated travel lifestyle products and experiences throughout their lifetime. We are extremely excited for the launch of our reimagined Cathay Holidays travel hub, which makes it even easier for our valued customers to book their unforgettable adventure and brings us one step closer to achieving our vision of becoming one of the world’s greatest service brands.” Expedia Group Vice President for Strategic Partnerships Stephen Cheng said: “The strategic collaboration with Cathay Holidays strengthens Expedia Group’s commitment to delivering exceptional experiences for travelers and empowering our airline partners. By utilizing our industry-leading White Label Template technology to power the new Cathay Holidays travel hub, we can augment their offerings, helping travelers unlock a wider range of options and a seamless booking experience.” A brand-new booking experience Cathay Holidays’ partnership with Expedia Group, initially available in Hong Kong, Japan and Singapore, offers customers a streamlined experience for planning and booking their next trip. Customers can explore a vast selection of 900,000 properties and 200,000 travel activities in 250,000 destinations worldwide provided by Expedia Group through the new booking site, enabling them to create their perfect adventure in just a few clicks. Cathay’s Pick – A world of premium experiences awaits Cathay Holidays also offers an exclusive collection of travel experiences curated by our expert travel advisors. From a secluded Michelin-star dining experience in Hong Kong to a soulful stay in the Bukchon Hanok Village in Seoul, Cathay’s Pick ensures every moment in our customers’ journeys is filled with unforgettable delights. A rewarding way to travel Cathay members who book with Cathay Holidays can earn Asia Miles, which can be used to redeem flights, hotels, and more to elevate their next adventure. With Cathay's flexible Miles Plus Cash function available on the booking site in the near future, customers will be able to pay for their hotels and experiences with miles, cash, or a combination of both, giving them more choice and control over how they spend their miles. For more information, visit https://holiday.cathaypacific.com/en_HK.html About Cathay Cathay is a premium travel lifestyle brand that brings together all that we love about travel with everyday lifestyle. The range of products and services includes flights, holidays, shopping, dining, wellness and payment. All our travel lifestyle offerings are designed to bring customers exciting offers, rewards, and experiences with hand-picked partners. Flights are provided by Hong Kong's home carrier Cathay Pacific, a premium full-service airline and a founding member of the oneworld global alliance. Cathay also includes the Group's cargo division Cathay Cargo, and low-cost carrier HK Express. We are a member of the Swire Group and are listed on the Hong Kong Stock Exchange (HKSE) as a public company. For more than seven decades, Cathay Pacific has been connecting our home city of Hong Kong to the world. Now we are bringing that connection to more of our customers’ lives. The new era of Cathay elevates their every bite, tap, step, stay and flight to greater heights. www.cathay.com About Expedia Group Expedia Group, Inc. brands power travel for everyone, everywhere through our global platform. Driven by the core belief that travel is a force for good, we help people experience the world in new ways and build lasting connections. We provide industry-leading technology solutions to fuel partner growth and success, while facilitating memorable experiences for travelers. Our organization is made up of three pillars: Expedia Brands, housing all our consumer brands; Expedia Product & Technology, focused on the group’s product and technical strategy and offerings; and Expedia for Business, consisting of business-to-business solutions and relationships throughout the travel ecosystem. Expedia Group’s three flagship consumer brands includes: Expedia®, Hotels.com®, and Vrbo®. One Key™ is our comprehensive loyalty program that unifies Expedia, Hotels.com and Vrbo into one simple, flexible travel rewards experience. To enroll in One Key, download Expedia, Hotels.com and Vrbo mobile apps for free on iOS and Android devices. One Key is currently available in the U.S. and will become available globally soon. For more information, visit www.expediagroup.com . Follow us on Twitter @expediagroup and check out our LinkedIn www.linkedin.com/company/expedia . © 2024 Expedia, Inc., an Expedia Group company. All rights reserved. Trademarks and logos are the property of their respective owners. CST: 2029030-50
- May 28, 2024Travel & Leisure
AirAsia announced as Best Low Cost Carrier - Asia 2024 by AirlineRatings.com
The AirAsia Group* including medium haul affiliate airlines AirAsia X and Thai AirAsia X, have been awarded the Top LCC in Asia for 2024 by AirlineRatings.com in its annual Airline Excellence Awards. Launched in 2001 by Datuk Kamarudin Meranun and Tony Fernandes with just two planes, AirAsia has had spectacular growth over the past two decades to become a dominant force in the Asian region. The rise of AirAsia that first started out of Kuala Lumpur is, without doubt, one of the airline industry’s great success stories. It has had to combat one external crisis after another and adjust to diverse regulatory and competitive pressures, navigating policies designed to support national airlines as it democratised access to air travel and redefined the low cost carrier landscape within Asean and beyond. AirAsia now operates as full-fledged airlines with bases in Malaysia, Thailand, Indonesia, the Philippines and Cambodia. AirAsia Group and its affiliate medium haul airlines have re-written the rule book for airlines in Asia and beyond and today have over 255 aircraft flying to over 165 destinations. AirlineRatings.com Editor-in-Chief Geoffrey Thomas said that the win was “richly deserved.” “Renowned Founder Mr Fernandes, and his executive team including Group CEO Bo Lingam as well as AirAsia X CEO Benyamin Ismail have done an outstanding job guiding the airlines to their market dominant position. “These airlines have made travel affordable for nearly 800 million passengers throughout Asia and Asia Pacific and they offer outstanding value and a great experience.” Tony Fernandes, CEO of Capital A and Strategic Advisor to the AirAsia Aviation Group commented, “It has been an incredible journey of recovery, post the worst commercial aviation crisis the world has ever seen. We are thankful and humbled by this award which goes out to all of my airline CEOs and senior team members as well as to the many thousands of ‘Allstars’ who have gone above and beyond to bring us to where we are now. After surviving many odds, we have put in place the right foundations for significant growth and are about to embark on an exciting new journey with plans to fly to the majority of continents which is another pivotal moment in our reincarnation story. “The proposed divestment of the AirAsia Aviation Group of airlines from Capital A to AirAsia X is on track and will be a game changer in the industry to ensure significantly more high quality, low cost air travel for short, medium and long haul flights connecting Asia and Asia Pacific to the world at the very best cost.” Bo Lingam , Group CEO of AirAsia Aviation Group said: “AirAsia continues to push the boundaries on what it means to be a low cost carrier because low cost doesn’t mean low service for our airlines. As travel demand recovers to pre-pandemic levels, we have over 400 new specification aircraft on order to fuel our ambitious growth plans including flying to places we have never flown before, providing our guests with more value and choice, not only to and from Asia, but across the world. “Adding to the momentum building from our turnaround strategy, this award is a wonderful testament to the dedication and resilience of the AirAsia team and we thank the experts at AirlineRatings.com for their acknowledgement of our commitment to operational excellence across all that we do.” Benyamin Ismail, CEO of AirAsia X, agreed “This is a strong recognition of the hard work put in by all of our team, to not only survive the extreme effects of the pandemic but come back stronger than ever before. “We look forward to the great opportunities posed by leveraging strong synergies from Capital A and the AirAsia Aviation Group which will unlock opportunities for our guests to enjoy the value we deliver as they fly smarter in many of our medium to longer haul markets. ”Our ‘one airline strategy’ positions us as a formidable combined force towards being the leading low cost global network carrier connecting Asia to the world.” *AirAsia, Thai AirAsia, Philippines AirAsia, AirAsia X and Thai AirAsia X
- May 27, 2024Business
SP Group partners CapitaLand to deploy distributed district cooling network at Geneo cluster in Singapore Science Park
The three business park properties in the Geneo cluster – 1, 5 and 7 Science Park Drive – will receive a supply of centralised energy-efficient chilled water for air-conditioning from two chiller plants, which are owned, operated, and maintained by SP. SP Group (SP) and CapitaLand Group (CapitaLand) today announced a partnership to deploy a distributed district cooling network at the new life sciences and innovation cluster in Singapore Science Park. SP will provide centralised energy-efficient chilled water for air-conditioning to the Geneo cluster, which comprises three business park properties targeting full completion in 2025 . In line with CapitaLand’s design brief, SP will be operating the distributed district cooling network at an energy efficiency level that is about 14 per cent higher than conventional in-building cooling systems and the National Environment Agency (NEA)’s Minimum Energy Efficiency Standards (MEES) for water-cooled chilled water systems in industrial facilities. This will allow the cluster to abate at least 20,000 tonnes of carbon emissions over the 30-year operating period, akin to removing more than 600 cars from our roads annually. SP will own, operate and maintain two chiller plants, which are interconnected and will supply chilled water to the five buildings across 1, 5 and 7 Science Park Drive through a series of interlinked pipe networks. The distributed district cooling network will thereby enhance supply reliability and resilience for the building cluster. When fully operational in 2025, SP will operate a total cooling capacity of 10,400 refrigeration tons (RT) at Science Park. Mr S. Harsha, SP Group’s Managing Director for Sustainable Energy Solutions, Singapore, said: “District cooling is a pivotal solution to enable a heat-resilient and sustainable future for Singapore. From commercial districts to industrial projects, we are now helping business parks and clusters achieve their sustainability targets through innovative applications of district cooling. We look forward to working closely with CapitaLand to operate greener districts for Singapore.” In addition to district cooling, the Geneo cluster features an accordion-shape facade that helps to block out sunlight, the use of photovoltaic solar panels to generate renewable energy and abundant greenery to reduce the urban heat island effect. These sustainability features have helped the Geneo cluster to achieve top green building certifications, namely Green Mark Platinum Super Low Energy for 7 Science Park Drive and Green Mark Platinum for 1 and 5 Science Park Drive. Mr Tan Yew Chin, Chief Executive Officer, CapitaLand Development (Singapore), said: “Science Park 1, where Geneo is located, is the first business park and one of only two existing districts in Singapore to have received recertification for BCA Green Mark Platinum for Districts conferred by the Building and Construction Authority. Deploying a distributed district cooling network at Geneo is part of our strategy to sustain the green operations of Science Park, in line with our goal of achieving a resource-efficient and climate-resilient portfolio.” Abundant greenery such as the central garden in the Geneo cluster help to reduce the urban heat island effect. “Science Park 1, where Geneo is located, is the first business park and one of only two existing districts in Singapore to have received recertification for BCA Green Mark Platinum for Districts conferred by the Building and Construction Authority. Deploying a distributed district cooling network at Geneo is part of our strategy to sustain the green operations of Science Park, in line with our goal of achieving a resource-efficient and climate-resilient portfolio.” Tan Yew Chin, CEO, CapitaLand Development (Singapore) Mr Tan Yew Chin, CEO of CLD (Singapore) SP is the biggest provider of district cooling solutions in Singapore, with a total cooling capacity of 203,000 RT in operation and secured through its district cooling networks. Besides the collaboration on district cooling, SP has partnered with CapitaLand to install 34 electric vehicle charging points across seven properties at Science Park to drive green mobility adoption.
- May 27, 2024Business
SURIAGROUP DELIVERS STRONG FIRST QUARTER 2024 RESULTS, RECORDS 41% INCREASE IN PBT
Suria Capital Holdings Berhad (“SuriaGroup” or the “Group”) is pleased to announce a strong operational and financial performance for the first quarter period ended 31 March 2024 (“1QFY24”). SuriaGroup recorded a 41% increase in profit before tax for 1QFY24 of RM 19.7 million compared to RM 14.0 million in the previous corresponding quarter. The increase led to a net profit of RM 14.9 million, significantly up from RM 10.6 million recorded in the same quarter last year. The primary driver of this growth was the increased contributions from the port operations segment, the Group's core business, due to higher throughput. The Group’s total revenue for 1QFY24 stood at RM 73.8 million, marking a 15.4% increase from RM 63.9 million in the previous year’s corresponding quarter. In line with this performance, the Group’s earnings per share rose to RM 4.30 compared to RM 3.07 in the previous year’s quarter. For the current quarter, the port operations segment, managed by the subsidiary Sabah Ports Sdn. Bhd., contributed 92% to the Group’s revenue. The ports' overall cargo throughput (excluding containers) increased by 4%, driven by higher volumes of bulk oil, fertilizer, wood products, and general cargo. The total tonnage handled for the current quarter and year-to-date was 4.9 million metric tonnes, compared to 4.7 million metric tonnes in the prior year-to-date. Meanwhile, container volume increased by 19%, rising to 117,804 TEUs from 98,980 TEUs in the corresponding quarter of the previous year. Looking ahead, the Group is optimistic about its prospects, bolstered by strategic collaborations and development projects. The partnership between Sabah Ports and DP World for the long-term management of Sapangar Bay Container Port (SBCP) will enhance container handling capacity, improve the port’s connectivity, and optimize terminal workflows. The goal is to elevate SBCP into a regional hub for the BIMP-EAGA markets. Furthermore, the Group has signed two conditional Joint Venture cum Shareholders Agreements with BEDI Development Sdn. Bhd. (75% owned by EXSIM Development Sdn. Bhd.) to develop two pieces of land in Kota Kinabalu, with a collective net development value of approximately RM 4.2 billion. This development includes the creation of a dedicated international cruise terminal (ICT) at Kota Kinabalu Port land, a key project under the Economic Transformation Programme and the Eleventh Malaysia Plan. The mixed development project, alongside the surrounding waterfront projects, will collectively form an integrated waterfront hub known as ‘Jesselton Waterfront City’. This initiative aims to position Sabah as a premier waterfront destination and support the national vision of establishing Malaysia as a homeport destination for foreign cruise liners to propel cruise tourism. The Group’s solid financial results for 1QFY24, along with its strategic development initiatives and partnerships, are expected to significantly contribute to its growth trajectory in 2024. The successful execution of these projects will not only enhance operational efficiency and expand capacity but also strengthen SuriaGroup’s position in the regional and global markets. By capitalising on emerging opportunities, the Group is well-positioned to drive sustainable growth, deliver long-term value to shareholders, and support the economic development of Sabah. – THE END – For media enquiries, please contact: Group Corporate Affairs and Communications Tel: 088-257788; HP: 010-368 8788 (Kashani) Email: kashani@suriaplc.com.my
- May 27, 2024Business
AirAsia X First Quarter 2024 Financial Results
Revenue up 66% YoY to RM908.9 million in line with 90% increase in number of passengers carried Passenger Load Factor of 83% in 1Q24 driven by peak travel demand Unit cost lowest among peers at 13.93 sen/US¢ 2.95 Ancillary revenue per passenger best-ever at RM251 AirAsia X Berhad (“AirAsia X” or the “Company”) recorded a solid head start in 2024, demonstrating a robust growth trajectory in its financial results for the First Quarter of 2024 (“1Q24”) ended 31 March 2024. The Company reported revenue of RM908.9 million in 1Q24, increasing by 66% year-on-year (“YoY”), attributed to a 90% YoY surge in the number of passengers carried to 959,623, while capacity stood at 1,155,788 seats. Driven by the strong demand arising from key festive seasons and school holidays, the Company posted a solid Passenger Load Factor (“PLF”) of 83%, up three percentage points YoY, with best-performing routes in China, India and Japan recording over 90% PLF, while the Company’s Available Seat Kilometres (“ASK”) increased by 74% YoY in line with solid market demand. In 1Q24, the Company posted RM80.1 million net profit, with over 8% margin against its revenue. In terms of costs, the Cost per Available Seat Kilometre (“CASK”) in 1Q24 is the leanest of comparable airlines in the industry at 13.93 sen/US¢2.95. When compared against the CASK of 15.71 sen/US¢3.35 charted in the previous quarter, CASK has further reduced by about 11%. Primarily, this was driven by lower operating expenses including the easing of jet fuel prices and buoyed by the hike in ASK capacity. In 1Q24, RASK stood at 18 sen, driven by an average fare of RM650 as capacity returned across the industry. Against the preceding quarter, RASK improved by 5%. In 1Q24, ancillary revenue per passenger increased by 3% YoY at record-level RM251, driven by new product offerings optimised for the markets, with personalisation, platform and booking flow enhancements, and further boosted with the introduction of trendy food and beverages (“F&B”) by SANTAN in collaboration with popular F&B businesses. On network, driven by the commitment to accelerate and regain market leadership and following the extension of the visa-exemption policy to China until 2025, the Company increased flight frequencies to its popular routes in the country, namely Chengdu, Beijing and Shanghai, on top of ramping up flight frequency to leisure favourite Bali in Indonesia. Overall, the Company delivered an 85% YoY increase in the number of stages to 3,184, with total weekly flights on average, at 135 flights per week for 1Q24. In terms of associate’s performance, AirAsia X Thailand (“TAAX”) reported revenue of RM543.4 million, surging 52% YoY, and posted a net profit of RM46.4 million due to a foreign exchange loss of RM55.8 million. At a normalised level, TAAX would have posted a net profit of RM102.2 million, up by 11% YoY. Operationally, TAAX’s number of passengers rose by 51% YoY to 437,764 passengers, leading to TAAX delivering a strong PLF of 89%, up by one percentage point YoY. Demonstrating healthy demand in the market, TAAX’s seat capacity and ASK capacity surged by 49% and 37% YoY to 492,497 seats and 2,199 million respectively. AirAsia X’s total fleet size remained at 18 A330s as of the end of March 2024, with 16 aircraft now activated and operational. TAAX’s fleet size stood at seven A330s, with an additional aircraft reactivated during the quarter, bringing its fleet of activated and operational aircraft to six. AirAsia X CEO Benyamin Ismail said, “We expect the two remaining aircraft to rejoin the operational fleet in July and November this year, while we work towards ensuring our fleet requirements for further growth in the future are secured. At present, we welcome the recent announcement of the extension of the visa-exemption policy to China until 2025; since the relaunch of routes to China, PLF in the country has been strong at about mid-90%, while all-new Almaty proved successful in Central Asia with over 90% PLF routinely trending since its launch. “Looking to the future, we are excited about the A321XLR aircraft on our orderbook, which will bring our growth ambitions to fruition, as it unlocks a range of up to nine hours with a reduced cost base compared to our current fleet. With its reduced capacity, the A321XLR gives greater flexibility for network planning and elevates even more second-tier pairing. This aircraft is expected to lower the break-even point for the airlines, ultimately boosting our margin. As it is, for 1Q24, our profit margin is robust at over 8%. “On Fly-Thru, connectivity stands at 22%, led by Australia and India, with synergies leveraged with the broader AirAsia Group more encouraging than ever. This paves the way for the Company’s strong future growth ambitions, ultimately leading to our ongoing engagement with Capital A Berhad ("Capital A") for the proposed acquisition of Capital A’s aviation business, which is envisioned to establish an enlarged group of airlines with the ‘AirAsia’ brand as a global low-cost network carrier group, establishing elevated synergistic benefits through centralised decision-making and coordinated network plans. “In addition, the proposed acquisition provides all-important access to an orderbook with over 400 new specification aircraft deliveries that are currently under Capital A. This gives us unbounded expansion opportunities at a time when growth opportunities world over are limited due to bottlenecks in the supply chain which have, in turn, delayed aircraft delivery for us. “In the next two quarters, we are mindful that the Company is entering a traditionally softer travel period based on historical seasonality. However, we are encouraged by recent fare trends and cost structure, as we step up aircraft utilisation to ensure that efficiency is top-tier.”
- May 27, 2024Travel & Leisure
Fly home to celebrate Kaamatan and Gawai smoothly with AirAsia
AirAsia would like to remind all guests travelling during the upcoming festive celebration periods to adhere to the following travel advisory for a smoother travel experience in light of the extra demand during a peak period for travel. Perform self check-in via the AirAsia MOVE app (formerly airasia Superapp). Self check-in is complimentary and available as early as 14 days up to one hour before the scheduled departure time. Guests are encouraged to perform mobile check-in via the AirAsia MOVE app and obtain their electronic Boarding Passes to minimise physical contact and crowding at the airport. 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. Pre-book inflight meals up to 24 hours before the scheduled departure time for greater savings up to 44% and assurance of availability alongside priority meal service on board. 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. Arrive early at the airport , at least two (2) hours before your domestic flight and three (3) hours prior to an international flight . The check-in counter will close 60 minutes 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 . You may book a ride to/from the airport for up to 24 hours in advance with AirAsia Ride on the AirAsia MOVE app and enjoy RM 5 off with promo code FLYRIDE5 . Use the e-Boarding Pass on the AirAsia MOVE app to board the flight without the hassle of reprinting the boarding pass. The e-Boarding Pass is accepted at all airports in Malaysia and many other airports around the world where AirAsia operates. Use contactless 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 and weight. Each guest is only allowed one (1) piece of cabin baggage (not larger than 56 x 36 x 23cm in dimension) such as a laptop bag and/or one (1) small bag such as a handbag OR small bag on board. The total permitted weight for two pieces of cabin baggage must not exceed 7kg. If you exceed your complimentary 7kg allowance or need to carry more onboard, you will need to purchase the Xtra Carry-on (Extra one piece of 7kg baggage) or the Fast Pass (Extra one piece of 7kg baggage with more perks). Subject to space availability in the overhead compartment, these passes are limited and available on a first-come, first-served basis, so act quickly to secure one. Enroll for FACES via the AirAsia MOVE App to travel seamlessly from Kuala Lumpur International Airport (Terminal 2) to other domestic and international airports without presenting a boarding pass after self-check-in and providing proof of identification. Selamat Ari Gawai and Tadau Kaamatan from AirAsia!
- May 25, 2024Travel & Leisure
Jetstar celebrates 20th birthday by reenacting its inaugural flight from Newcastle to Melbourne
Today marks exactly 20 years since Jetstar’s first flight took off from Newcastle to Melbourne, revolutionising air travel in Australia and making travel more affordable for millions of Aussies. To celebrate today’s milestone birthday, Jetstar has recreated its inaugural flight between Newcastle and Melbourne, with several of the same original pilots, cabin crew and customers on board. Jetstar’s new uniform, which will be rolled out later this year, will be worn by the crew on today’s flight, symbolising the airline’s transition into a new era of low fares, new aircraft and stronger reliability. Starting with a fleet of 14 aircraft in 2004 flying only along Australia’s east coast, Jetstar has grown into one of the biggest and most successful low-cost carriers in the Asia Pacific, operating across nearly 150 domestic and international routes. The airline’s launch in 2004 was one of the most successful airline launches in the world, with 100,000 fares sold in the first day. Since that day, Jetstar has flown more than 400 million customers, with more than half flying for less than $100. Last year the airline sold more than 12 million fares for less than $100 and is on track to exceed that figure this year. To further mark this important occasion for Jetstar, the airline is offering one-way fares between Newcastle and Melbourne from just $49 at jetstar.com . Jetstar Group CEO, Stephanie Tully, and Melbourne Airport’s CEO, Lorie Argus, welcomed the arrival of JQ471 from Newcastle this morning. Jetstar Group CEO, Stephanie Tully, said the airline has helped to put downward pressure on airfares over the past 20 years and its commitment to helping Australians take off more is as strong as ever. “Jetstar has transformed the way Australians travel. Before we launched 20 years ago, many families’ only option was packing up the car and hitting the road. Our low fares meant they could afford to instead jump on a plane and head off to the Gold Coast, Bali or elsewhere for their family holiday. “While it’s our birthday, today is about celebrating the 400-million customers who’ve chosen to fly with us across Australia, New Zealand, Asia and the Pacific over the past two decades. “As we welcome new aircraft into our fleet and add more destinations to our network, we’re excited about the next 20 years and a new era of low-cost travel in Australia.” Melbourne Airport CEO, Lorie Argus, said Melbourne had been a proud part of Jetstar’s success story since day one. “Being the home base and headquarters for Australia’s largest low-cost carrier has allowed millions of people to connect with friends and family and millions more to visit Victoria, which helps support the state’s famous restaurants, bars, theatres and sporting venues. “We’ve partnered with Jetstar to help deliver on its low fare promise by providing fit for purpose infrastructure and working with them to plan for more growth over the next 20 years.” Newcastle Airport CEO, Dr Peter Cock congratulated Jetstar on a remarkable milestone. “We are immensely proud to have been part of Jetstar's journey from the very beginning, witnessing their growth and success firsthand. “Jetstar has played a crucial role in fulfilling our vision of being the airport the Hunter region deserves, enhancing the travel experience for all. “Our partnership with Jetstar has been instrumental in boosting connectivity, promoting tourism, and driving economic growth in our region. We look forward to many more years of successful collaboration.” Jetstar Captain, Jeff Bray operated Jetstar’s inaugural flight and was on board again today. “I’ve flown on thousands of Jetstar flights over 20 years, and while every flight is important, today’s service is particularly special for the team. “It’s a moment to reunite with other long serving colleagues who I started out with on 25 May 2004 and some of the same customers who were on board two decades ago. “We’ve always carried first time flyers and that’s what makes Jetstar unique, we’re providing low fares so more people can afford to fly.”
- May 25, 2024Business
Seatrium Secures FPSO Newbuild Contracts P-84 and P-85 from Petrobras
Seatrium Limited (Seatrium, or the Group), a global provider of engineering solutions to the offshore, marine, and energy industries, has won an international tender from Brazil’s National Oil Company, Petróleo Brasileiro S.A. (Petrobras), acting as operator of Atapu1 and Sepia2 consortiums, for the newbuild supply of Floating Production Storage and Offloading vessels (FPSO) platforms P-84 and P-85. With the contracts valued at approximately S$11 billion, these high throughput FPSOs will be deployed in the Atapu and Sépia fields, located in the eastern part of the Santos Basin, approximately 200 kilometres offshore of Rio de Janeiro in Brazil. The P-84 and P-85 platforms are part of Petrobras' new generation of FPSO platforms, characterised by a high production capacity that prioritise sustainable practices with innovative technologies. The P-84 and P-85 FPSOs will each have a production capacity of 225,000 barrels of oil per day (bopd) and gas processing capacity of 10 million cubic meters per day (Sm3 /d). Both FPSOs will incorporate advanced technologies such as zero routine flaring and venting, variable speed drives and measures to control emissions and capture CO2, including an all-electric concept, which focuses on efficient power generation and increased energy efficiency to achieve a 30% reduction in greenhouse gas emissions intensity. These features will enhance operational efficiency and reduce environmental impact, showcasing Seatrium's commitment to responsible and sustainable operations. Construction for the P-84 and P-85 FPSOs will commence in first quarter of 2025 with the final delivery expected to be in 2029. Supply of the FPSO platforms will leverage the Group’s “One Seatrium Delivery Model”, where operations and engineering support are integrated across different yards globally. Seatrium’s facilities in Brazil, China, and Singapore will manufacture the modules, weighing an impressive 60,000 metric tonnes, with the outsourced hull and accommodation transported to Singapore for topside module integration and commissioning. After successful integration and commissioning in Singapore, the FPSO platforms will be towed to the Atapu and Sépia fields for offshore commissioning. 1 The Atapu consortium consists of: Petrobras as operator (65.7%), Shell (16.7%), TotalEnergies (15%), Petrogal Brasil (1.7%), Pré Sal Petróleo S.A. (0.9%). 2 The Sepia consortium consists of: Petrobras as operator (55.3%), TotalEnerigies (16.9%), PETRONAS (12.7%), QatarEnergy (12.7%) Petrogal Brasil(2.4%). This streamlined delivery model optimises collaboration and utilises Seatrium's global facilities and international yard footprint to deliver quality and high-calibre platforms expected to exceed industry standards while adhering to sustainable practices in the oil and gas industry. Mr Chris Ong, CEO of Seatrium, said, "We are honoured to be selected by Petrobras through a rigorous tender process to supply the P-84 and P-85 FPSO vessels, solidifying our position as the preferred partner for transformative projects. Through the One Seatrium Delivery Model, we are integrated globally to deliver cost-effective, value-added solutions to our esteemed customers. Leveraging our worldwide engineering, procurement and project management expertise in close collaboration with our customers, we will create quality assets with the highest safety standards and a lower carbon footprint, shaping the industry for a greener future." Seatrium is today the only global offshore and marine engineering group that provides end-toend delivery of projects in key markets, including Brazil. Over the years, the Group has delivered a significant number of projects for Brazil, including FPSOs, Floating Storage Regasification Units, drilling rigs and accommodation vessels, to support the country’s growing energy infrastructure. Its current order book includes four other Petrobras FPSO newbuilds, the P-78, P-80, P-82 and P-83. Beyond creating over 10,000 employment opportunities, Seatrium has also contributed tremendously to the growth and development of the local communities it operates in. -End- Caption: Seatrium Group signs ground-breaking P-84 and P-85 contracts with Petrobras, solidifying its role as a global leader in engineering solutions for the supply of FPSOs. (Photo: Seatrium Limited) First row (seated) from left to right: Mr Chan Wai Hsing, P84 Project Director, Seatrium Mr Fernando Pedrosa, P84 Project Manager, Petrobras Mr Marlin Khiew, Executive Vice President, Oil & Gas (Americas), Seatrium Mr Tiago Vitalino, P85 Project Manager, Petrobras Mr Lai Tak Weng, P85 Project Director, Seatrium Second row (standing) from left to right: Mr Lim Shih Hsien, Executive Vice President, Cyber IT & OT, Seatrium Dr Stephen Lu, Executive Vice President, Strategy, Seatrium Dr Lee Chay Hoon, Chief People Officer, Seatrium Mr Chris Ong, Chief Executive Officer, Seatrium Mr Chor How Jat, Chief Operating Officer, Seatrium Mr Tey Wee Hong, Vice President, Estimating & Floating Oil Solutions, Seatrium Mr Choo Boon Kheng, Senior Vice President, Operations (Tuas Boulevard Yard), Seatrium On Screen: (Top) Mr Marcio Mattoso de Padua, General Manager, Petrobras (Bottom Left) Mr Flavio Alves de Rezende Junior, Bidding Committee, Petrobras (Bottom Right) Mr Edson Rodrigues Braga, Bidding Committee, Petrobras 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 68030254 Email: judy.tan@seatrium.com Ms Clarissa Ho Senior Manager, Investor Relations and Corporate Communications Tel No: +65 68030276 Email: shufang.ho@seatrium.com
- May 24, 2024Technology
Lunit to Showcase 7 Studies at ASCO 2024, including AI Innovations in HER2 Quantification, and Multimodal Predictive Models for Immunotherapy Response
Lunit (KRX:328130.KQ), a leading provider of AI-powered solutions for cancer diagnostics and therapeutics, today announced the presentation of seven studies at the American Society of Clinical Oncology (ASCO) 2024 Annual Meeting in Chicago, from May 31 to June 4. Lunit will present detailed findings on several innovative studies, including the identification of HER2 ultra-low expression in breast cancer using AI-based quantification, and a deep learning-based model integrating chest CT and histopathology analysis for predicting immunotherapy response in non-small cell lung cancer (NSCLC). In a poster presentation, Lunit’s AI-powered HER2 analyzer, Lunit SCOPE HER2, demonstrated the ability to identify HER2 ultra-low expression and differentiate it from true HER2-negative cases in breast cancer patients using continuous subcellular quantification from HER2 immunohistochemistry (IHC) images. According to findings presented at ASCO 2022, HER2-targeted antibody-drug conjugates (ADCs) can effectively target tumor cells even in HER2-low breast cancers. This highlights the importance of accurately identifying HER2-low and HER2 ultra-low expression in breast cancer, especially for patients previously classified as HER2-negative. In response, Lunit developed an AI-based whole-slide image (WSI) analyzer for IHC-stained slides to differentiate between true HER2-negative and HER2 ultra-low cases. The AI model evaluated over 67 million tumor cells and 119 million non-tumor cells from 401 WSIs, identifying a significant proportion of HER2 ultra-low cases among pathologist-assessed HER2 score 0 cases. This AI-powered analysis could expand and refine treatment options for patients with HER2-targeted therapies, as demonstrated by the 23.6% of HER2 score 0 cases identified as HER2 ultra-low by AI, and the 51.9% of HER2 score 1+ cases classified as HER2 low by AI, comparable to the 52.3% objective response rate to a HER2-targeted ADC observed in another clinical trial. In another study, Lunit developed and validated an AI model that analyzes patients' chest CT images alone and in combination with pathology images to predict Immune Checkpoint Inhibitor (ICI) response in NSCLC patients. Lunit's deep learning-based chest CT prediction model, developed using data from 1,876 NSCLC patients treated with ICIs, predicted treatment response based on pre-treatment chest CT scans, along with PD-L1 status and immune phenotype. The model demonstrated significant predictive power as an independent biomarker. Patients predicted as responders by the AI model showed significantly longer median time to the next treatment (TTNT; 7 months vs. 2.5 months) and a longer overall survival (OS; 16.5 months vs. 7.6 months) compared to patients predicted as non-responders. Combining the AI CT model with histopathologic biomarkers such as PD-L1 expression and tumor-infiltrating lymphocytes (TILs) further enhanced prediction accuracy, highlighting the complementary strengths of imaging and pathology data in improving predictive models for ICI response. A collaborative study with Stanford University School of Medicine examined the association of immune phenotypes with outcomes after immunotherapy in metastatic melanoma, highlighting the heterogeneity of immune phenotypes across melanoma subtypes. Another study with Northwestern University utilized AI-powered analysis of tertiary lymphoid structures (TLS) in H&E whole-slide images to predict immunotherapy response in NSCLC patients. This demonstrated AI’s potential in identifying predictive biomarkers for survival outcomes. "At ASCO 2024, Lunit proudly presents seven groundbreaking studies that illustrate our pioneering role in AI-driven precision oncology," said Brandon Suh, CEO of Lunit. "From HER2 quantification to predictive models for immunotherapy response, our work is transforming oncology by making cancer treatment not just personalized but predictive, ensuring the best possible outcomes for patients worldwide.” In addition to the studies above, Lunit will present three more studies at this year's ASCO, demonstrating the diverse capabilities of the Lunit SCOPE suite. The studies include comprehensive histopathomic prediction models for early breast cancer, and hypothetical test-and-control group generation for treatment selection in TPS-high NSCLC. Visit Lunit at booth IH22 to discover how the Lunit SCOPE suite is revolutionizing oncology research and clinical practice. Presentations at ASCO 2024 featuring Lunit SCOPE include: "Identification of HER2 ultra-low based on an artificial intelligence (AI)-powered HER2 subcellular quantification from HER2 immunohistochemistry images" (1115, Poster Board #93) "Deep learning–based chest CT model to predict treatment response to immune checkpoint inhibitors in non-small cell lung cancer independently and additively to histopathological biomarkers" (8536, Poster Board #400) "Artificial intelligence (AI) –powered H&E whole-slide image (WSI) analysis to predict recurrence in hormone receptor positive (HR+) early breast cancer (EBC)" (571, Poster Board #163) "Immune phenotype profiling based on anatomic origin of melanoma and impact on clinical outcomes of immune checkpoint inhibitor treatment" (9569, Poster Board #353) "Artificial intelligence (AI) -powered H&E whole-slide image (WSI) analysis of tertiary lymphoid structure (TLS) to predict response to immunotherapy in non-small cell lung cancer (NSCLC)" (3135, Poster Board #280) "Updated safety, efficacy, pharmacokinetics, and biomarkers from the phase 1 study of IMC-002, a novel anti-CD47 monoclonal antibody, in patients with advanced solid tumors" (2642, Poster Board #121) "Relationship between immune phenotype and treatment selection of Chemo-IO vs. IO-only in TPS-high NSCLC using hypothetical test-and-control group generation based on survival data extracted from phase III trials" (e13569)
- May 24, 2024Health
Adherium will provide its Hailie® Smartinhaler®for an AstraZeneca clinical trial
Adherium Limited (“Adherium” or “the Company”; ASX:ADR), a leader in respiratory eHealth, remote monitoring and data management solutions, today announced that AstraZeneca has selected its Hailie® Smartinhaler® platform for a clinical trial. This contract is valued at $1.1M over the course of three years. AstraZeneca’s inhaled medication use will be recorded and transferred via Hailie Smartinhaler devices. Adherium CEO, Dr. Paul Mastoridis, said: “ This agreement underscores Adherium's strategic commitment to enhancing patient care through advanced technology. Our Hailie® platform is designed to ensure precise monitoring and support for patients with respiratory diseases, facilitating the pursuit of tailored therapy. " Adherium will be providing Hailie® Smartinhalers®, Hailie® app and Platform for the trial, allowing for accurate tracking of inhaler medication use through the selected eCOA (Electronic Clinical Outcome Assessment) devices.
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