FEATURED NEWS
- April 18, 2024Business
JD Super’s Ninth Annual “Baby Party” Campaign: Supporting Families with Newborns
JD Super, JD.com’s omni-channel supermarket division, successfully concluded its ninth annual “Baby Party” campaign, which ran from April 1st to 14th. Collaborating with leading brands from home and abroad, the campaign introduced new products and services designed to improve the shopping experience and reduce expenses for families with newborns. Pioneering services included the “Fresh Milk Powder Express,” guaranteeing delivery of farm-to-consumer baby formula within 28 days, and the “Free Diaper Offers for Newborns” initiative, set to distribute one million diaper packs annually. Moreover, the “Life’s First Bottle” project significantly reduces the costs of high-quality milk bottles by offering them exclusively online at a 50% discount. JD Super’s specialized after-sales services extend to over 90% of the company’s self-operated products, offering services such as free returns or exchanges. Another highlight was the introduction of the Chun Rui milk formula, developed in partnership with Feihe, a leader in infant milk production. This collaboration ensures top-quality products at better value for families. Additionally, JD Super launched an online portal dedicated to public welfare activities, which promotes cost-saving measures, shares knowledge on baby care, and supports charity initiatives. As part of its commitment to philanthropy, JD Super donated essential baby supplies valued at over one million yuan to 1,000 families in the economically disadvantaged Liangshan Yi Autonomous Prefecture of Sichuan Province, supporting local parents in this region. The 2024 Report on Cost of Childbearing and Childrearing in China shed light on the challenges faced by parents, including limited free time and growing anxiety over rising costs and product safety. JD Super aims to mitigate some of these concerns by providing support to families nationwide. ( vivian.yang@jd.com )
- April 18, 2024Business
Yamaha Motor Receives Globally Renowned Red Dot Design Award for 2 products
Yamaha Motor Co., Ltd. (Tokyo:7272) announced today that the company's motorcycles MT-09 and XMAX300 have won the "Red Dot Award: Product Design 2024," a prestigious international design award. These honors mark the 13th year in a row - every year since 2012- that a Yamaha Motor product has received a Red Dot Design Award. The award-winning MT-09 is the fourth generation of road sport model, launched in 2013. The 2024 model is designed to allow riders to enjoy riding more freely than ever before, with a concentrated form that is integrated from the front mask to the fuel tank and tail. Every detail has been designed with technology and design that is close to the rider's senses, from the handlebar switches that support intuitive operation to the acoustic amplifier grille that conveys the sound of the intake air. Since launching in 2006, the XMAX has established itself as Europe's leading city commuter for 18 years and now being developed as a global model. The award-winning 2023 model focuses on the relationship between man and machine, while enhancing the dynamism, convenience and comfort that are the hallmarks of the XMAX. The functional elements of the front fork and engine unit's power delivery, which are equivalent to those of a sports bike, are visualized in the tight silhouette, expressing an attractive sense of exuberance. In terms of convenience, the space efficiency under the seat has been thoroughly reviewed, with a seat shape that improves leg room and fit, still providing storage capacity for two full-face. MT-09 XMAX300 [Design Award Website] https://global.yamaha-motor.com/design_technology/design/awards/ ■Contact us from the Press Corporate Communication Division, PR group Headquarters : +81-538-32-1145 Tokyo Office : +81-3-5220-7211 ■News Center: https://global.yamaha-motor.com/news/
- April 18, 2024Business
Vicinity welcomes Monopoly to 47 shopping centres with $4 million in prizes on offer
Vicinity’s popular Monopoly Shop Scan Win campaign, in partnership with HASBRO, is back for a third year, returning to 47 centres across Australia with the biggest ever prize pool of over $4 million on offer. Kicking off 18 April 9am AEST, Monopoly Shop Scan Win provides a fun gamified shopping experience, rewarding customers for their in-centre visitation and spend, encouraging them to explore new retailers and support local businesses. By spending $10 or more at participating retailers, customers have a chance to win instant prizes and enter weekly prize draws. The 2024 campaign boasts over $4m in prizes Credit: Vicinity Centres Vicinity General Manager Brand & Marketing, Amy Wotton said: “Vicinity’s Monopoly Shop Scan Win has proved popular with customers and retailers and we’re confident with a bigger prize pool, including instant wins and weekly prize draws, the 2024 campaign will continue to excite.” “We’ve taken feedback from customers and retailers following the first two years of the campaign and made improvements to help create a more rewarding experience, encouraging further connections between customers and new retailers.” Customers today are more discerning and value-conscious while looking for additional value from their shopping experience which, with its $4 million prize pool of carefully selected items, Monopoly Shop Scan Win delivers in spades. Amy Wotton Vicinity General Manager Brand & Marketing First introduced in 2022 to assist the recovery of retailers from the challenge of COVID-19, Vicinity’s Monopoly Shop Scan Win campaign, has proved effective, doubling the frequency of customer visits and delivering an increased average spend during the campaign period of almost 50% when compared to the average annual spend. Extending beyond the central campaign, selected centres will also provide customers with more chances to win with activations including Monopoly Live Play, Cash Grab and visits from, the man himself, Mr. Monopoly. Mr Monopoly will make appearances at centres throughout the campaign Credit: Vicinity Centres Monopoly Shop Scan Win runs 18 April 9am AEST – 29 May 11:59pm AEST at the following centres: AU16+ only. Ends 29/5/24 11:59pm AEST. Keep receipt/s. Limit 1 registration permitted per person & mobile no. Limit 1 game play permitted per qualifying transaction. Limit 5 game plays permitted per entrant per retailer (per day). T&Cs apply, see monopolyshopscanwin.com.au . ©1935, 2024 Hasbro.
- April 18, 2024Travel & Leisure
AirAsia announces flight cancellations to/from East Malaysia due to safety concerns from Mount Ruang eruption
Following the eruption of Mount Ruang in the Indonesian Sulawesi Islands, which has resulted in extensive volcanic ash clouds affecting airspace and visibility in the region, Civil Aviation Authority of Malaysia (CAAM) recognised this as a serious threat to aircraft safety and airline passengers. As this volcanic eruption has caused a massive disruption to the airline operations and to protect the safety of its guests and aircraft, AirAsia is cancelling flights to and from several destinations consistent with CAAM Safety Information 09/2024 published at 11:50am. Flights to and from nine airports including Kota Kinabalu, Tawau, Sandakan, Labuan, Miri, Sibu, Bintulu, Kuching and Brunei will be affected by the cancellation starting today, 18 April 2024 at 10:00 am until 19 April 2024 at 8:00 am. AirAsia is committed to prioritising safety during this time and has notified all guests affected by the cancellations. Guests who are travelling to/from the affected destinations are encouraged to check their registered email and mobile phones for cancellation notifications. AirAsia guests travelling to/from the affected destinations can check their latest flight status at airasia.com/flightstatus . Bo Lingam, Group CEO of AirAsia Aviation Group said: “We understand that this may cause inconvenience to our guests and we apologise for the disruption to their travel plans. However, the safety of our guests and crew is paramount and we appreciate our guests’ understanding and cooperation during this time. We will continue to monitor the situation closely and work with relevant authorities including CAAM to assess the conditions for resuming operations to affected destinations. We are dedicating all senior executives and resources on the ground to ensure the safety of our guests and aircraft amidst these circumstances, and we thank all of our guests for their continued support and patience during this time.” In light of this weather event, AirAsia is making the following options available to guests whose flights have been cancelled: Move Flight: One-time change to any new travel date within 30 days from the original departure date on the same route without additional cost and subject to seat availability; OR Credit Account : Retain the value of the flight booking in the guest’s airasia Rewards member account for future travel with AirAsia to be redeemed within 730 calendar days (2 years) from the issuance date. The travel date of the new booking can fall on any date within the published flight schedule on airasia.com Guests who wish to make booking changes online may do so at airasia.com or AirAsia MOVE (previously known as airasia Superapp). From the categories available, click on “Booking Changes” then “Flight Change” and finally “My flight was changed by AirAsia.” From there, simply follow the instructions to make changes to your booking. Follow AirAsia on social media @airasia on X and @flyairasia on Instagram or contact our customer support team at support.airasia.com or refer to our Travel Advisory for the latest updates.
- April 18, 2024Business
Dialog, Axiata Group and Bharti Airtel sign Definitive Agreement to Merge Operations in Sri Lanka
Dialog Axiata PLC (“Dialog”), Axiata Group Berhad (“Axiata”) and Bharti Airtel Limited (“Bharti Airtel”) (collectively “the Parties”), signed a Definitive Agreement to combine their operations in Sri Lanka. Under this agreement, Dialog will acquire 100% of the issued shares in Airtel Lanka, in consideration of which Dialog will issue to Bharti Airtel, ordinary voting shares which will amount to 10.355% of the total issued shares of Dialog by way of a share swap. The transaction is subject to the approval of Dialog's shareholders and is pending the completion of specific conditions outlined in the Share Sale Agreement, including clearance from the Colombo Stock Exchange (CSE) and completion of other applicable legal, corporate and regulatory compliance procedures. The Telecommunications Regulatory Commission of Sri Lanka (TRCSL) has granted its approval for the proposed merger, underscoring its vision to advance the adoption of telecommunications services across Sri Lanka. This consolidation will enable the merged entity to garner economies of scale and reduce duplication of infrastructure, achieve synergies in technology and capital expenditure leading to enhanced high speed broadband connectivity, voice and value added services, cost savings and operational efficiencies. Vivek Sood, Group CEO and Managing Director of Axiata Group Berhad said, "The merger between Dialog and Airtel Lanka is aligned to Axiata's strategy of market consolidation and resilience. The merger will create value for the shareholders of Dialog Axiata PLC and Axiata Group through achievable synergies. We have the utmost respect for Airtel Lanka and its employees and look forward to working together as we integrate the two companies.” Commenting, Dr Hans Wijayasuriya, CEO Telecommunications Business and Group Executive Director of Axiata, added “This merger brings together the strengths of two leading telco groups and bodes well for the Growth and Sustainability of Sri Lanka's flagship Telecom Sector. We look forward to the new frontiers in Customer Experience and innovation the company will deliver to Sri Lankan Consumers and Enterprises.” Gopal Vittal, MD & CEO Bharti Airtel Limited Said, “We are happy to merge our Sri Lanka operations with Dialog. Given the scale and unique propositions they offer, we are certain that our customers will continue to enjoy cutting edge services on a seamless network.” “It is a privilege to welcome the team at Airtel Lanka to the Dialog family and together we take a significant step forward in our commitment to delivering superior telecommunications services in Sri Lanka”, remarked Supun Weerasinghe, Group Chief Executive of Dialog Axiata PLC . “The integration of Dialog and Airtel Lanka operations will unlock new opportunities for innovation and growth, and this will lead to benefit consumers.” Ashish Chandra, Chief Executive Officer, Bharti Airtel Lanka (Private) Limited . -END- About Axiata In pursuit of its vision to be The Next Generation Digital Champion, Axiata is a diversified telecommunications and digital conglomerate operating Digital Telcos, Digital Businesses and Infrastructure businesses across a footprint spanning ASEAN and South Asia. The Group has controlling stakes in market-leading mobile and fixed operators in the region including 'XL' and 'Link Net' in Indonesia, 'Dialog' in Sri Lanka, 'Robi' in Bangladesh, and 'Smart' in Cambodia while 'CelcomDigi' in Malaysia is a Key Associate Company. Axiata's regional digital business verticals comprise 'Boost' a fintech company, 'ADL' a telco-focused software and digital solutions provider and 'ADA', a digital analytics and AI company. 'EDOTCO' is among the top 10 independent TowerCos globally, operating in nine countries to deliver telecommunications infrastructure services. As a committed and long-term investor, the Group actively supports and drives young talent development; community outreach; as well as climate change initiatives. Axiata's broader goal of Advancing Asia aims to piece together the best in the region in terms of innovation, connectivity and talent to drive digital inclusion and sustainable progress across our markets. Find out more at www.axiata.com For media enquiries, please contact: Sujartha Kumar Head of Corporate Communications Tel: +6011.10.000.177 Email: sujartha@axiata.com About Dialog Axiata PLC Dialog Axiata Group, a subsidiary of Axiata Group Berhad (Axiata), operates Sri Lanka's Leading Quad-Play Connectivity Provider. Dialog Axiata PLC, listed on the Colombo Stock Exchange, is the market leader in Mobile, Digital Pay Television, Fixed Telecommunications and International Services sectors, along with a robust footprint and market presence in Digital Services, Financial Services, and IT Services. Dialog Axiata Group is Sri Lanka's largest Foreign Direct Investor (FDI) with investments totalling USD 3.25 Billion. Dialog has been ranked as the Most Valuable Brand in Sri Lanka from 2019-2023 by Brand Finance, UK. The Company delivers advanced mobile telephony and high-speed mobile broadband services to a subscriber base of over 17 Million Sri Lankans. As the market leader in Pay Television and Home Broadband sectors, Dialog provides world-class entertainment services and superior fixed connectivity to millions of households across Sri Lanka. The Company also has a strong international footprint, including roaming partnerships with over 650 operators across over 200 destinations and investments in multiple subsea cables across Asia. The winner of six Global Mobile Awards, Dialog has had the distinction of being voted by Sri Lankan consumers as the 'Telecommunication Brand of the Year' for a record thirteenth year at the SLIM-KANTAR People's Awards 2024. Dialog is certified for ISO 9001 Quality Management System, ISO 27001:2013 Information Security Management System, and ISO 14001:2015 Environmental Management System. The Company became the first telecommunications service provider in the country to be awarded the ISO 27701 certification for Privacy Information Management Systems. Dialog has received numerous local and international awards, including the National Quality Award, Sri Lanka Business Excellence Award and the ACCA Sustainability Award. For more information, visit www.dialog.lk About Airtel Sri Lanka Airtel Sri Lanka commenced commercial operations of services in Sri Lanka in 2009 and was the fastest operator to reach 1 million customers. The Airtel Sri Lanka offering of technology innovation and service excellence has driven rapid adoption rates among the Sri Lankan youth. Today Airtel has established its state-of-the-art 5G-ready 4G network across all parts of Sri Lanka, and is continuously boosting its network capacity to deliver maximum value. For more information, connect with Airtel on social media, check the MyAirtel App, or visit www.airtel.lk About Bharti Airtel Limited Headquartered in India, Airtel is a global communications solutions provider with over 500 million customers in 17 countries across South Asia and Africa. The company ranks amongst the top three mobile operators globally and its networks cover over two billion people. Airtel is India's largest integrated communications solutions provider and the second largest mobile operator in Africa. Airtel's retail portfolio includes high-speed 4G/5G mobile broadband, Airtel Xstream Fiber that promises speeds up to 1 Gbps with convergence across linear and on-demand entertainment, streaming services spanning music and video, digital payments and financial services. For enterprise customers, Airtel offers a gamut of solutions that includes secure connectivity, cloud and data center services, cyber security, IoT, Ad Tech and cloud-based communication. For more details, visit www.airtel.com For media enquiries, please contact: Harsha Samaranayake Vice President - Brand and Media Group Marketing, Dialog Axiata PLC Email: harsha.samaranayake@dialog.lk Kinshuk Gupta Senior Vice President - Corporate Communications Bharti Airtel Limited Email: Kinshuk.gupta@airtel.com
- April 18, 2024Technology
PV MAGAZINE: Genex backs new takeover bid from Japan’s J-Power
Genex Power announced in an investor update that it has entered into a binding transaction implementation deed (TID) that will pave the way for J-Power to fully acquire the Australian renewables developer Genex Power. The J-Power offer is by way of a non-binding scheme arrangement pitched at 27.5 cents per share. The offer also contains an alternative takeover offer at 27 cents per share which J-Power proposes to make if Genex shareholders reject the scheme offer. The scheme offer values Genex’s equity at $380.9 million (USD 246.18 million) and implies an enterprise value of $1,035 million. J-Power, a 50% joint development partner of Genex for its Bulli Creek solar and battery projects and Kidston stage 3 wind project in Queensland, already holds a 7.72% stake in Genex and also contributes as a lender , extending a $45 million corporate loan facility to Genex last year. The Japanese company earlier this year made an offer to buy the company for 24 cents per share that was rejected after an independent committee of Genex’s board of directors determined it undervalued the company. Genex board Chairman Ralph Craven said the committee has now unanimously agreed the new offer is in the best interests of its shareholders. “The Genex independent board committee is unanimous in its conclusion that the transaction is in the best interests of Genex shareholders as a whole,” he said, noting that the transaction provides an opportunity for shareholders to realise their investment in the developer for cash at a “significant premium.” The takeover bid requires a minimum 75% supporting vote from Genex shareholders and approval from Australia’s Foreign Investment Review Board. Genex, which listed in July 2015, said it has a committed portfolio of 400 MW and about 2.3 GW of renewable energy and storage projects in the development pipeline, including the flagship Kidston Clean Energy Hub in north Queensland. The hub includes an operational 50 MW solar farm and 258 MW of wind power and the 250 MW / 2 GWh Kidston pumped hydro project that is currently under construction. There is also potential for further multi-stage wind and solar projects to be deployed at the site. Genex also owns the 50 MW Jemalong Solar Project in New South Wales and the 50 MW / 100 MWh Bouldercombe battery energy storage system in central Queensland.
- April 17, 2024Technology
NX Group invests in Singapore AI technology startup SWAT MOBILITY
NIPPON EXPRESS HOLDINGS, INC. (President: Satoshi Horikiri) on April 2 acquired a stake in SWAT MOBILITY (hereinafter "SWAT"), an AI technology start-up company headquartered in Singapore, as an investment by the NX Global Innovation Investment Limited Partnership (hereinafter, "NX Global Innovation Fund"). The NX Group hopes through this investment to further accelerate its digital transformation (DX) strategy and help resolve social issues on a global scale. Overview of SWAT SWAT is a company established in Singapore in 2015 that provides services in eight countries (Singapore, Japan, the Philippines, Thailand, Malaysia, Vietnam, Indonesia, and Australia) using dynamic routing algorithms (*1) that instantly derive optimal routes for sporadic travel demand from multiple points. In Japan, SWAT is developing and providing logistics/distribution optimization systems, on-demand transport operation systems, and bus route traffic analysis systems as well as taking new approaches tailored to the local market environment from the perspective of Mobility as a Service (MaaS). Background and objectives of the Investment The logistics industry is facing global social challenges such as driver shortages, rising fuel costs, and required cuts in CO2 emissions to combat climate change. Companies are expected to take concrete steps to address these challenges and help achieve sustainable societies. Japan in particular is likely to see a labor shortage due to stricter work regulations for truck drivers that go into effect in 2024, making improved logistics efficiency an urgent issue. The NX Group has been pursuing digital transformation (DX) as a tool for resolving these issues and has been actively exploring the use of external resources, including co-creation (*2) with startup companies in Japan and overseas, to attain greater logistics efficiency. By investing in SWAT, which is strong in cutting-edge mobility solutions in Singapore and other areas, the NX Group seeks to accelerate its DX and resolve global-scale social issues in the logistics industry. Initiatives Verification of digitalized vehicle dispatch operations SWAT's dynamic routing algorithm technology and advanced development capabilities will be utilized at NX Group locations and projects in Japan and overseas to verify the digitalization and global standardization of vehicle dispatch operations. Development of new services via the strategic use of transport performance data Utilizing the transport performance data accumulated through verification processes, the NX Group will analyze the parameters required for vehicle dispatch operations and calculate pickup and delivery costs as well as CO2 emissions. The Group will work to develop new services by making strategic use of the data. The NX Group will continue leveraging its domestic and international networks to co-create with promising startups. Profile of investee (*1) Dynamic routing algorithm: Technology designed to create optimal routes based on traffic information and given data (*2) Co-creation: Collaboration between NX Group companies and the NX Global Innovation Fund to invest in startup companies that add value to customers and on-site operations, with the NX Group and startup companies working together to achieve business growth
- April 17, 2024Travel & Leisure
More choice for AirAsia guests as airline now flies from Suvarnabhumi to Hat Yai Book now from only 1,000 THB one way* to the Popular City from Don Mueang or Suvarnabhumi
AirAsia will be reintroducing one of its popular routes, flying direct from Bangkok-Suvarnabhumi to Hat Yai, the popular city of the south. Booking opens from today for flights starting 1 July 2024. Fly with AirAsia from both Don Mueang Airport, with up to 8 flights a day, or with daily flight from Suvarnabhumi Airport, on the airline widely reputed for its on-time performance and the most extensive network of destinations in the Thai south. Fly Suvarnabhumi – Hat Yai at a promotional fare starting at only 1,000 THB per trip by booking via AirAsia MOVE this 17 April 2024 – 17 May 2024 for travel from 1 July 2024. Ms. Tansita Akraritpirom, Head of Commercial for Thai AirAsia, highlighted that Hat Yai is known for its commerce and tourism, being a popular destination all year round. With a consistently high Load Factor, the Don Mueang – Hat Yai route by AirAsia has seen an average of 95 percent in passenger load throughout 2023 up until now. “We thank both the people of Songkla’s Hat Yai and its vicinity as well as the many travelers who have supported AirAsia’s route to Hat Yai. All of you led us to resume Suvarnabhumi – Hat Yai once again, and we are very glad to be able to offer you all the convenience of choosing to fly out of Don Mueang or Suvarnabhumi airports, ” Ms. Tansita said. AirAsia has been internationally acknowledged as the most on time airline in Thailand and one of the region's top performers. This is on top of it having the most extensive network of routes in the Thai south, operating 17 domestic routes with up to 391 flights a week. * Promotional fares are limited and may not be available on some flights or during holiday periods. Ticket prices exclude auxiliary service charges and other fees. Terms & Conditions apply.
- April 17, 2024Business
AirAsia X commemorates resumption of Xi’an-Kuala Lumpur route
(Second from Left to Right) Consul General of Malaysia to Xi’an, Mr Lum Wan Liang, Chairman of AirAsia X, Dato Fam Lee Eee and CEO of AirAsia X, Benyamin Ismail today celebrated the airline’s inauguration of Xi’an-Kuala Lumpur route in Xi’an, China. AirAsia X (AAX) officially commemorated the resumption of its Xi’an-Kuala Lumpur route with flight D7 347 taking off on 5 April 2024. Xi’an is the airline’s fifth direct route to China, designating AAX as the sole airline connecting the capital of Shaanxi Province in China to Malaysia’s capital city. Xi’an holds an important position within the AAX network in China. Since its first launch in 2014, AAX has flown more than a million guests on the popular route, underscoring its significance for the airline’s expansion in the region. Since relaunching the route earlier this month, AAX has sold almost 7,000 seats both ways. Almost all flights between Xi’an and Kuala Lumpur have had more than an 80 percent passenger load since its inauguration, and the airline anticipates continuously growing demand for this route to achieve 10,000 seat sales in the coming months. As the largest foreign low-cost airline group in China, AirAsia is always committed to enhancing connectivity between Malaysia and China. With the addition of three flights weekly to Xi’an, AAX will be operating 37 flights weekly with a total of six routes to China. Consul General of Malaysia to Xi’an, Mr. Lum Wan Liang said: "The resumption of services by AAX for the Xi’an-Kuala Lumpur route marks a significant success not only for the airline but more importantly for Malaysia-China relations. This achievement represents an important milestone for both nations, especially as we celebrate the 50th anniversary of Malaysia-China diplomatic relations this year. The resumption of services will act as a catalyst to boost tourism and trade opportunities, in addition to supporting the government’s visa-free initiatives. On top of that, this will also further support the Malaysian government’s target of welcoming five million tourists from China this year.” AirAsia X CEO, Benyamin Ismail said: "This renewed connection not only allows travellers from China and Malaysia to explore bustling cities but also demonstrates our commitment to growing in the Chinese market. The success of our inaugural flight from Kuala Lumpur this month with a 100 percent passenger load reflects a strong testament to our dedication and the demand for the route. As we anticipate further expansion of our footprint in China, we believe resuming operations will not only strengthen our market presence but also foster deeper ties between our two nations. Currently, AAX operates six direct flights to China, following the recent relaunch of the Changsha route last week. We look forward to flying more travellers from China to Malaysia and vice versa this year.” Deputy General Manager of China West Airport Group, Mr. Tang Tao commented: “As one of the top airline brands, AirAsia plays a pivotal role as a key partner of West Airport Group and Xi'an Airport. The relaunch of the Xi’an-Kuala Lumpur route showcases our strong partnership, with China West Airport Group committed to deepening cooperation, ensuring top-notch service, and offering full support for AirAsia’s growth in the Shaanxi province. Together, we will look forward to advancing the development of Xi'an's international aviation hub.” In celebration of the route resumption, AAX is offering promotional fares for a limited time only from Xi’an to Kuala Lumpur for as low as CNY288* one-way. Flights are available for booking today until 19 April 2024 for immediate travel up until 25 October 2024 whereas for guests who fly from Kuala Lumpur to Xi’an, the promotional fares will be from RM257* one-way. Book from today until 21 April 2024, for immediate travel until 31 March 2025. Guests travelling from Xi’an can also utilise Kuala Lumpur as a connecting hub to explore neighbouring tourist hotspots with the least hassle, such as Chiang Mai, Singapore, Lombok and more starting from only CNY155* one way. Guests can also grab a 50% discount** for AirAsia’s Fast Pass and enjoy priority check-in, extra 7kg cabin baggage allowance and other extra perks at the best value. This offer is available for three days only starting today for immediate travel until 25 October 2024. All promotions are available on airasia.com or the AirAsia MOVE app (previously known as the airasia Superapp). *The promotional BASE FARES are quoted for one-way travel and NOT inclusive of airport taxes, fuel surcharges and other applicable fees. Other terms and conditions apply. **Discount is only applicable during initial booking. Please refer to the payment webpage for the actual promotional value. T&C apply.
- April 16, 2024Business
Seatrium and A*STAR Join Forces to Explore New Energies and AI in Offshore and Marine Applications
Seatrium Limited (Seatrium, or the Group), a leading engineering solutions provider to the global offshore and marine industry, and Singapore’s Agency for Science, Technology and Research (A*STAR) today inked a Memorandum of Understanding (MoU) to explore research opportunities in new energies and artificial intelligence (AI) to develop innovative products and engineering solutions for the Offshore and Marine (O&M) sector. The MoU signing took place during the Singapore Maritime Week and was witnessed by the event’s Guest of Honour, Dr Amy Khor, Senior Minister of State, Ministry of Transport and Ministry of Sustainability and the Environment. The collaboration combines Seatrium’s insights into trends and opportunities within the O&M sector with the research capabilities of A*STAR and its National Platforms such as the Technology Centre for Offshore and Marine, Singapore (TCOMS). The parties aim to boost the O&M sector’s pivot to new energies efficiently and reliably, and support the global transition to a low-carbon economy. Through machine learning, manufacturing process technologies and digital solutions, the collaboration will also streamline product development and manufacturing processes, and promote innovation and sustainability in Seatrium’s operations. The focus areas of the MoU include the co-development of: a. New Energies This includes the exploration of new energies such as hydrogen and ammonia solutions, specifically tailored for offshore and marine applications. A*STAR and Seatrium were part of Singapore’s first ammonia fuel trial1 on the Fortescue Green Pioneer. A*STAR contributed to the development of an ammonia plume model for safety and environmental impact assessment, while Seatrium was responsible for the installation of the vessel’s fuel system and safety features. Both organisations will now focus on establishing a sustainable ammonia supply chain and addressing bunkering, transportation, and storage challenges. Coupled with carbon capture technologies, Seatrium's suite of product solutions aims to provide sustainable energy solutions for the offshore and marine sector. b. Artificial Intelligence (AI) The partnership leverages AI to explore innovative solutions in engineering processes, operational efficiency, and decision-making across project lifecycles. This includes the planned development of Large Language Models (LLMs) to improve vessel design and validation turnaround by automating and streamlining parts of the process. AI will be used to automate work site inspection and surveillance for improved operational efficiency. . 1 World’s First Use of Ammonia as a Marine Fuel in a Dual-Fuelled Ammonia-Powered Vessel in the Port of Singapore Since 2008, Seatrium’s predecessor entities and A*STAR have worked on research projects such as green shipping, digital design, automation, Internet of Things (IoT) and advanced manufacturing. The outcomes have culminated in the development of new capabilities, including co-designing the world’s first made-in-Singapore Low Ultraviolet (LUV) Ballast Water Treatment System2 . This eco-friendly system employs energy-efficient ultra-violet rays and proprietary ultra-low frequency bio-fouling control for chemical-free treatment of ballast water. Mr Chris Ong, CEO of Seatrium, said, “The collaborative efforts between Seatrium and A*STAR are geared towards accelerating the energy transition and maritime decarbonisation. By combining our knowledge and pushing boundaries, we aim to develop advanced energy solutions that will help the industry adopt renewable sources more quickly. Through innovation, research, and sustainable practices, we are focused on minimising carbon emissions, improving operational efficiency, and promoting cleaner energy. We are committed to making a positive impact and playing a vital role in Singapore's sustainable O&M sector with the support of our partners, stakeholders, and customers. Mr Frederick Chew, CEO of A*STAR said, “Building on our previous successful collaboration programmes in green shipping, digital design and advanced manufacturing, this latest collaboration in new energies and AI furthers Seatrium and A*STAR’s shared vision of developing more smart and sustainable solutions for the O&M sector. I look forward to programme outcomes that will contribute substantively to Seatrium’s and Singapore’s economic and sustainability goals." -End- Photo of MoU Signing: Caption: A*STAR and Seatrium partnership to drive innovation in the Offshore and Marine sector. From left to right: Professor Tan Chorh Chuan, Chairman, A*STAR, Mr Frederick Chew, Chief Executive Officer, A*STAR, Dr Amy Khor, Senior Minister of State, Ministry of Transport and Ministry of Sustainability and the Environment, Mr Chris Ong, Chief Executive 2 Ballast Water Treatment System Performance Evaluation Officer, Seatrium, and Mr Mark Gainsborough, Chairman, Seatrium. (Photo: Seatrium Limited). About Seatrium Limited Seatrium Limited provides innovative engineering solutions to the global offshore, marine and energy industries. Headquartered in Singapore, the Group has over 60 years of track record in the design and construction of rigs, floaters, offshore platforms and specialised vessels, as well as in the repair, upgrading and conversion of different ship types. The Group’s key business segments include Oil & Gas Newbuilds and Conversions, Offshore Renewables, Repairs & Upgrades, and New Energies, with a growing focus on sustainable solutions to advance the global energy transition and maritime decarbonisation. As a premier global player offering offshore renewables, new energies and cleaner offshore & marine solutions, Seatrium is committed to delivering high standards of safety, quality and performance to its customers which include major energy companies, vessel owners and operators, shipping companies, and cruise and ferry operators. Seatrium operates shipyards, engineering & technology centres and facilities in Singapore, Brazil, China, India, Indonesia, Japan, Malaysia, the Philippines, Norway, the United Arab Emirates, the United Kingdom and the United States. Discover more at www.seatrium.com. About the Agency for Science, Technology and Research (A*STAR) The Agency for Science, Technology and Research (A*STAR) is Singapore's lead public sector R&D agency. Through open innovation, we collaborate with our partners in both the public and private sectors to benefit the economy and society. As a Science and Technology Organisation, A*STAR bridges the gap between academia and industry. Our research creates economic growth and jobs for Singapore, and enhances lives by improving societal outcomes in healthcare, urban living, and sustainability. A*STAR plays a key role in nurturing scientific talent and leaders for the wider research community and industry. A*STAR’s R&D activities span biomedical sciences to physical sciences and engineering, with research entities primarily located in Biopolis and Fusionopolis. For ongoing news, visit www.a-star.edu.sg . Follow us on Facebook | LinkedIn | Instagram | YouTube | TikTok For more information, please contact: Seatrium Limited Ms Judy Tan Head, Investor Relations and Corporate Communications Tel No: +65 9710 9784 Email: judy.tan@seatrium.com Ms Clarissa Ho Senior Manager, Investor Relations and Corporate Communications Tel No: +65 9632 1253 Email: shufang.ho@seatrium.com A*STAR Ms Doris Yang Manager, Corporate Communications Tel No: +65 9367 5336 Email: yangscd@hq.a-star.edu.sg
- April 16, 2024Business
Seatrium and Singapore Institute of Technology Establish Digital Learning Lab for Industrial Learning & Research Collaboration
Seatrium Limited (Seatrium, or the Group) and the Singapore Institute of Technology (SIT), Singapore’s first University of Applied Learning, have entered a transformative partnership to pave the way for industrial digital learning and applied research collaboration. This forward-thinking initiative will be realised through the establishment of a state-of-the-art Digital Learning Lab at SIT's new Punggol Campus, designed to drive the adoption of innovative maritime technologies. The partnership will see Seatrium and SIT focus collaborative efforts on three strategic pillars: Digital Yard Technology, 5G Industrial Applications and Smart Microgrid. Through knowledge exchanges, training and collaboration on applied research opportunities in these areas, the partnership aims to jointly solve real-world problems, such as improving the energy efficiency of yard operations by leveraging Artificial Intelligence (AI) and simulation models. The memorandum of understanding (MOU) was signed by SIT’s Associate Professor Kenneth Low, Cluster Director, Engineering, and Seatrium’s Executive Vice President, Cyber IT & OT, Mr Lim Shih Hsien, and witnessed by Mr Mark Gainsborough, Chairman of Seatrium, Mr Chris Ong, CEO of Seatrium, and Professor Chua Kee Chaing, President, SIT, in conjunction with the Singapore Maritime Week 2024. In addition to the establishment of a Digital Learning Lab, the partnership takes a holistic approach to talent development and acquisition within the marine and energy sectors. Seatrium and SIT will facilitate student and staff exchanges, creating opportunities for practical problem-solving and lifelong education. Both parties will jointly develop and teach Continuing Education and Training (CET) courses, fostering continuous learning and development. The landmark MOU also seeks to promote and drive efforts in energy transition and sustainability in Singapore. Aligned with Seatrium’s commitment to lifelong learning, the partnership brings researchers alongside industry practitioners to jointly augment the Group’s capabilities and build new core digital skills, solidifying its position as a market leader. Mr Lim Shih Hsien, Executive Vice President, Cyber IT & OT at Seatrium, said, "We are pleased to collaborate with SIT to drive forward-looking and impactful industrial digital learning and research. This partnership will help us push new boundaries in the global energy transition, stay ahead in a rapidly evolving and dynamic industry, and reinforce our strong commitment to sustainability.” Associate Professor Kenneth Low, Cluster Director, Engineering, SIT, said, “Seatrium and SIT's partnership marks a significant milestone to enhance authentic, real-world learning and transformative applied research. By leveraging our collective expertise and resources, we are set to contribute to the advancement of the maritime sector, nurture talent, and ignite a new wave of digital innovation.” PHOTO OF MOU SIGNING: CAPTION: Seatrium and SIT forged a partnership at the Singapore Maritime Week 2024 to steer a blueprint for a Digital Learning Lab that is set to enhance education and research. An MoU was signed by (third from left) Mr Lim Shih Hsien, Executive Vice President, Cyber IT & OT, Seatrium, and (fourth from left) Associate Professor Kenneth Low, Cluster Director, Engineering, SIT; witnessed by (left-most) Mr Chris Ong, CEO, Seatrium; (second from left) Mr Mark Gainsborough, Chairman of Seatrium; and (right-most) Professor Chua Kee Chaing, President, SIT. (Photo: Seatrium Limited) About Seatrium Limited Seatrium Limited provides innovative engineering solutions to the global offshore, marine and energy industries. Headquartered in Singapore, the Group has over 60 years of track record in the design and construction of rigs, floaters, offshore platforms and specialised vessels, as well as in the repair, upgrading and conversion of different ship types. The Group’s key business segments include Oil & Gas Newbuilds and Conversions, Offshore Renewables, Repairs & Upgrades, and New Energies, with a growing focus on sustainable solutions to advance the global energy transition and maritime decarbonisation. As a premier global player offering offshore renewables, new energies and cleaner offshore & marine solutions, Seatrium is committed to delivering high standards of safety, quality and performance to its customers which include major energy companies, vessel owners and operators, shipping companies, and cruise and ferry operators. Seatrium operates shipyards, engineering & technology centres and facilities in Singapore, Brazil, China, India, Indonesia, Japan, Malaysia, the Philippines, Norway, the United Arab Emirates, the United Kingdom and the United States. Discover more at www.seatrium.com. About the Singapore Institute of Technology: The Singapore Institute of Technology (SIT) is Singapore’s first University of Applied Learning, offering industry-relevant degree programmes that prepare its graduates to be work- and future-ready professionals. Its mission is to maximise the potential of its learners and to innovate with industry, through an integrated applied learning and research approach, so as to contribute to the economy and society. The University’s unique pedagogy integrates work and study, embracing authentic learning in a real-world environment through collaborations with key strategic partners. Its focus on applied research with business impact is aimed at helping industry innovate and grow. Ready in 2024, SIT’s centralised campus within the larger Punggol Digital District will feature a vibrant learning environment where academia and industry will be tightly integrated with the community. For more information, visit www.SingaporeTech.edu.sg For more information, please contact: Seatrium Limited Ms Judy Tan Head, Investor Relations and Corporate Communications Tel No: +65 9710 9784 Email: judy.tan@seatrium.com Ms Clarissa Ho Senior Manager, Investor Relations and Corporate Communications Tel No: +65 9632 1253 Email: shufang.ho@seatrium.com SIT Ms Nur Atiqah Ali Senior Manager, Corporate Communications Tel No: +65 9724 4462 Email: atiqah.ali@singaporetech.edu.sg
- April 16, 2024Business
CTOS and airasia academy enter the Verified zone, launch collaboration to empower SMEs through strategic business education
From left: Puven Sangaran, CEO of CTOS Basis Sdn Bhd, Shin Mei Lee, COO of CTOS Data Systems, Erick Hamburger, Group CEO of CTOS Digital Berhad, Tan Sri Tony Fernandes, CEO of Capital A & Dr. Ram Gopal Raj, Director of Strategy & Innovation, airasia academy CTOS, Malaysia’s leading credit reporting agency, today joined forces with airasia academy , for an exclusive SME networking and edutech session at airasia academy ’s training quarters. The collaboration, which encompasses strategic business education in the realms of digital marketing and branding, as well as networking opportunities, marks a pivotal step in their joint mission to empower small and medium enterprises (SMEs) in the region with the skills and proficiencies to succeed in today's digital era. Since CTOS’s founding, CTOS has been known for recognising the economic importance of SMEs and has supported their success by providing them with tailored solutions, personalized service, and responsive support for over 30 years. Expert training and networking brings added value to the SME community, and airasia academy’s mission to help the workforce to be ready for the future fits hand-in-hand with the goals of CTOS. At the event, CTOS reintroduced their enhanced CTOS Verified service, which offers companies a mark of online credibility through the prestigious CTOS Verified Seal. Successfully verified businesses earn the privilege to showcase this seal, bolstering their online presence, credibility, and transparency. Additionally, CTOS Verified companies now enjoy exclusive access to national networking events, consulting workshops, marketing coaching and a range of other invaluable benefits, beginning with today’s airasia academy event. “SMEs are the backbone of our economy, driving innovation, creating jobs, and fostering resilience. Similarly, at CTOS, SMEs have always been at the core of our business, contributing 46% of CTOS group revenue in FY2023,” said Erick Hamburger, Group CEO of CTOS Digital Berhad . “Training services are essential for SMEs to remain agile, competitive and sustainable in today's dynamic business landscape and CTOS takes pride in joining hands with airasia academy to offer businesses a unique avenue to enable themselves through exceptional learning opportunities. As we look to the future, CTOS is committed to providing a wealth of networking and learning opportunities through the CTOS Verified service. CTOS Verified not only creates more opportunities for businesses but also underscores their credibility and trustworthiness to prospective clients, suppliers, and business partners,”. At the event, Tan Sri Tony Fernandes, CEO of Capital A, and the brand maestro behind AirAsia, Asean’s leading aviation and travel brand shared valuable lessons on perseverance and creativity in business, inspiring entrepreneurs to push boundaries. Following his talk, Ciayi Lim, Digital Marketing Lead trainer at airasia academy , provided practical tips on using social media for business growth. Tan Sri Tony Fernandes, CEO of Capital A said: “Based on over 20 years of building the low cost ethos behind AirAsia, making flying accessible and the world a smaller place for the people in Asean, I firmly believe that there is a low cost model for education. Education stands as the gateway to unlocking boundless opportunities. Since its birth, airasia academy has tirelessly worked to democratise education, offering accessible online and in-person courses that bridges the gap of digital economic needs. Through our partnership with CTOS, we anticipate equipping both CTOS Verified SMEs and the broader business community with the tools necessary to enhance their marketability and proficiency in tech skills crucial for the current digitally-led business landscape”. Aireen Omar, President (Investment & Ventures) of Capital A , said: “Education and knowledge have always been at the forefront of any company culture that demands innovation and enhanced growth. Especially more so now, with today’s rapid technological advancements, learning has become even more crucial for SMEs to keep up with the latest knowledge and trends in their respective industries. airasia academy has recognised that by helping provide entrepreneurs and startups with a talent and knowledge hub they can use to upskill themselves, they will be able to solidify their foundation, adapt through changing environments, solve current gaps, and constantly stay ahead of their competition. We hope that this partnership with our fellow SME friends at CTOS Verified will foster sustainable economic development and prepare these individuals and enterprises for the challenges and opportunities of today’s digital economy.” The collaboration between CTOS and airasia academy is expected to go further than today’s exclusive talk, with both companies committing to exploring future initiatives that align with their shared objectives to promote digitally affordable and accessible business education. Additionally, CTOS is targeting 2,000 clients in their ecosystem to convert as potential learners with airasia academy . This strategic move aims to broaden the reach to empower more businesses to thrive in the dynamic landscape of the digital era. For more details on CTOS Verified, visit www.ctoscredit.com.my/business/ctos-verification . -END- ABOUT CTOS DATA SYSTEMS SDN BHD CTOS, Malaysia’s largest private credit reporting agency, is a registered Credit Reporting Agency under the Credit Reporting Agencies Act 2010. Established in 1990, CTOS has over 30 years of experience in aiding credit grantors make better credit decisions. CTOS utilises information from its users and the public domain to support informed decisions and facilitate fact-based risk management when providing credit extension. CTOS delivers a complete portfolio of credit reports and value-added services and is widely used by the country’s banking and financial institutions, insurance companies, large corporations, legal firms, businesses and state and statutory bodies. For more information, visit http://www.ctoscredit.com.my/ About airasia academy airasia academy is Asean’s fastest growing edutech platform that provides an affordable, accessible and inclusive ecosystem which aims at bridging talent gaps to build a future-proof digital savvy nation. The platform features learning solutions such as On-Demand Learning (ODL), a vault of videos ranging from basic to advanced tech content to personal growth, financial literacy, something for the kids and more, accredited Instructor-Led Training (ILT) for in-demand tech courses such as Digital Marketing, Cloud Infrastructure, Data Analytics, Software Engineering and Cybersecurity to the Learning Management System (LMS) which streamlines and elevates the learners journey empowering community learning and growth. Since its inception, airasia academy has been dedicated to empowering SMEs and individuals through education and support. Key contributions include providing training sessions such as Google Cloud Platform Fundamentals: Core Infrastructure, Digital Marketing, and Knowledge Attitude Skills Habit (K.A.S.H). Additionally, airasia academy has collaborated with MYStartUp to further support startups, offering additional resources and guidance for aspiring entrepreneurs. Moving forward, airasia academy remains steadfast in its commitment to supporting SMEs in their growth journey. For media enquiries, please contact: Jonathan Yip Mobile : +6017 6497974 E-mail: jonathan.yip@continuumpr.com Goh I Ching Mobile : +6014 2181906 E-mail: iching@continuumpr.com Capital A Alya Zulaikha Mobile: +6011 62954695 E-mail: nuralyazulaikha@airasia.com airasia academy Diyana Anuar Mobile: +6012 6463778 E-mail: diyana@airasia.com
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