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KPMG: Slower than expected interest rate cuts to support bank margins in 2025

Banks should prioritise cost optimisation, data governance, and digital transformation to build a foundation for long-term growth HONG KONG SAR – Media OutReach Newswire – 24 January 2025 – Hong Kong’s banking sector showed signs of recovery in 2024 after a prolonged period of challenges. This positive trend is expected to continue in 2025, with the pace of US rate cuts expected to be slower than many forecasts. KPMG’s latest report, the Hong Kong Banking Outlook 2025, predicts substantial opportunities for banks that are willing to adapt and innovate, with technologies like Generative AI and virtual assets set to transform operating models. The report provides insights and predictions from KPMG experts regarding the outlook for Hong Kong and highlights key themes for banks to focus on this year, including embracing emerging technologies, staying abreast of ESG trends and keeping pace with regulatory developments. Paul McSheaffrey, Senior Banking Partner, Hong Kong, KPMG China, says: “2024 marked an improvement for Hong Kong’s banking sector, with signs of recovery emerging after a prolonged period of challenges. Driven by policy shifts in the Chinese Mainland, these developments have laid the groundwork for cautious optimism entering 2025. Some green shoots of recovery have been seen, including an uptick in funds raised on the Hong Kong Stock Exchange and positive policy measures in the Chinese Mainland aimed at stimulating consumer demand. Thus, we are more optimistic about the prospects of the Hong Kong banking sector during the year.” For retail and commercial banks, KPMG believes that the pace of interest rate reductions will be slower than many forecasts suggest, which will help banks preserve their margins. For investment banks, the positive policy measures in China are expected to enhance consumer sentiment, thereby fostering capital raising and M&A activity in China, ultimately benefiting Hong Kong. Jianing Song, Head of Banking and Capital Markets, Hong Kong, KPMG China, says: “As we enter 2025, the environment faced by banks is becoming increasingly complex. However, we believe that this year will bring substantial opportunities for banks willing to adapt and innovate. Emerging technologies, such as Generative AI and virtual assets, have the potential to transform operating models. Through cost optimization, data governance, and digital transformation, banks can navigate their current challenges and build a foundation for long-term growth.” Resilience remains a key regulatory focus Resilience against cyber fraud and financial crime will remain a top priority in 2025 as losses experienced by banks and customers continue to make headlines. Meeting regulatory expectations will be crucial, with a strong focus on implementing existing regulations and new resilience requirements. AI adoption will be become a sector-wide topic in financial crime over the next two years, as authorised institutions and regulators gear up to tackle risks and meet regulatory expectations. KPMG also expects Hong Kong regulators to launch initiatives to further encourage the use of distributed ledger technology (DLT) in the banking industry. This is driven by the need to build resilience against the operational risks associated with traditional settlement and payment infrastructure. It also addresses the need for banks to adapt their business models in the face of competition from new Fintech market entrants and ‘digital natives’. Strategic cost optimisation Geopolitical uncertainty, rising operational expenses and increasing regulatory requirements mean that manging costs will remain a focus in the banking sector. Instead of implementing broad cost-cutting measures, KPMG expects banks to adopt a more strategic approach centered on cost optimization. This involves identifying the root causes of inefficiency and implementing targeted corrective interventions. Automation can be an effective tool in this process, addressing latent inefficiency in core processes across front, middle, and back office. This can lead to increased productivity, reduced cost to serve, an enhanced customer experience and ultimately, a stronger top line. Digital transformation trends The pace of digital transformation in Hong Kong’s banking sector is expected to accelerate in 2025. More than one-third of financial institutions are already integrating Generative AI, supported by government initiatives such as the HKMA’s Generative AI Sandbox. Virtual assets have also been ranking high on the digital transformation agenda for banks, with initiatives like HKEX’s Virtual Asset Index Series and HKMA’s Project Ensemble Sandbox accelerating Hong Kong’s tokenisation market development. KPMG expects policy support to continue in this area throughout 2025. In 2025, Hong Kong banks should prioritise digitising their operations by leveraging resources such as Fintech Connect; expanding their digital-savvy workforce through talent acquisition and upskilling; and future-proofing their digital asset and Generative AI readiness by establishing a robust data governance framework. Hashtag: #KPMG: The issuer is solely responsible for the content of this announcement. About KPMG China KPMG China has offices located in 31 cities with over 14,000 partners and staff, in Beijing, Changchun, Changsha, Chengdu, Chongqing, Dalian, Dongguan, Foshan, Fuzhou, Guangzhou, Haikou, Hangzhou, Hefei, Jinan, Nanjing, Nantong, Ningbo, Qingdao, Shanghai, Shenyang, Shenzhen, Suzhou, Taiyuan, Tianjin, Wuhan, Wuxi, Xiamen, Xi’an, Zhengzhou, Hong Kong SAR and Macau SAR. Working collaboratively across all these offices, KPMG China can deploy experienced professionals efficiently, wherever our client is located. KPMG is a global organisation of independent professional services firms providing Audit, Tax and Advisory services. KPMG is the brand under which the member firms of KPMG International Limited (“KPMG International”) operate and provide professional services. “KPMG” is used to refer to individual member firms within the KPMG organisation or to one or more member firms collectively. KPMG firms operate in 142 countries and territories with more than 275,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. Each KPMG member firm is responsible for its own obligations and liabilities. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients. In 1992, KPMG became the first international accounting network to be granted a joint venture license in the Chinese Mainland. KPMG was also the first among the Big Four in the Chinese Mainland to convert from

Media OutReach

A New Year, A New Beginning LANDMARK Welcomes the Year of the Snake with Nicolai Bergmann’s Flourishing Blooms

HONG KONG SAR – Media OutReach Newswire – 24 January 2025 – To honour the spirit of the Lunar New Year, LANDMARK presents Flourishing Blooms, a vibrant celebration of artistry and tradition by internationally acclaimed flower artist Nicolai Bergmann. This marks Bergmann’s first major Hong Kong installation, coinciding with the 25th anniversary of his iconic Flower Box. From 23 January to 8 February, LANDMARK will showcase a captivating floral installation at LANDMARK ATRIUM, awash in vibrant red, a timeless symbol of joy, unity, and prosperity. Internationally acclaimed flower artist Nicolai Bergmann, known for his distinctive blend of Scandinavian and Japanese aesthetics, makes his Hong Kong debut with Flourishing Blooms at LANDMARK. Born in 1976 in Copenhagen, he has established a unique style that captivates audiences worldwide. For this special Lunar New Year installation, Bergmann reimagines his signature Flower Box, trading its classic black for a vibrant, auspicious red. This innovative gift, which has become a beloved classic, showcases his ability to elevate floral design into an art form. The festive red cascades of blossoms create a captivating spectacle at the heart of the atrium, reflecting his ongoing collaboration with leading luxury brands and his role as a prominent representative of Japan in the world of floral artistry. “My passion lies in discovering new ways to evoke wonder and joy through floral art, pushing the boundaries of its possibilities. The Flower Box is a perfect example of this vision,” says Bergmann. “I wanted to reimagine how flowers can be gifted and displayed, and incorporating the Flower Box into this Lunar New Year installation felt like the ideal way to celebrate this festival. Each box, reimagined in vibrant red for the New Year, is filled with an exquisite blend of flowers, creating a rich tapestry of textures and colours that symbolize abundance and prosperity.” Flourishing Blooms at LANDMARK invites guests to explore this enchanting floral landscape. Admire the intricate details of the towering Flower Boxes and discover charming details that celebrate the rich symbolism of Lunar New Year. Featuring over 50 types of flowers, the installation is a vibrant tapestry of colour and texture, with cascading blossoms creating a sense of wonder and enchantment. Guests can also share the joy of the season and take home a piece of artistry by purchasing limited-edition Lunar New Year gifts from Nicolai Bergmann Flowers & Design, available only at LANDMARK from 23 to 26 January. Marking the brand’s first-ever pop-up store in Hong Kong, and the first time these exclusive products have been available for sale here, this is a unique opportunity to acquire a piece of floral artistry. This special edition features a vibrant red box and a unique floral design for this collaboration. In addition to the Flower Box, a selection of auspicious flower arrangements, all designed, produced and sold by Nicolai Bergmann Flowers & Design, will make the perfect Lunar New Year gift, capturing the beauty and artistry of the installation. “It’s a precious opportunity to share my work with the people of Hong Kong for the first time,” says Bergmann. “I’m delighted to present this installation in Hong Kong and share its message of hope and prosperity with this vibrant city.” LANDMARK strives to create world-class experiences that captivate and delight visitors. This Lunar New Year, the artistic vision of Nicolai Bergmann transforms LANDMARK ATRIUM into an unforgettable celebration of art, nature, and the spirit of the New Year. Discover the magic of Flourishing Blooms at LANDMARK. Appendix LANDMARK x Nicolai Bergmann Flowers & Design collaborated Lunar New Year Flower Box Pop-up Floral Cart Operation Time: 23 January: 1pm to 6pm 24 to 26 January: 11am to 6pm Location: Ground Floor, LANDMARK ATRIUM (next to the installation) Merchandise Details Joyful Red Flower Box (Small) HK$880 Joyful Red Flower Box (Medium) HK$1,180 Abundance in Bloom – Flower Arrangement (Small) HK$1,700 Abundance in Bloom – Flower Arrangement (Large) HK$2,280 Exclusive Privileges for Visiting Tourists This Lunar New Year and Valentine’s Day, LANDMARK invites visiting tourists to create unforgettable memories with loved ones. Enjoy exclusive privileges and curated experiences, with rewards totaling over HK$18,000. From 23 January to 16 February 2025, redeem your rewards as you shop, dine, and celebrate at LANDMARK. Spending Requirement (HK$) Exclusive Privileges No spending required HK$100 Dining Reward X 1 with a minimum spend of HK$500. HK$200 Shopping Reward x2 with a minimum spend of HK$5,000. HK$800 Shopping Reward X 2 with a minimum spend of HK$20,000. Upon spending HK$40,000 or more (up to 3 invoices) Exclusive dining experience for 2 guests (Valued at over HK$2,600) Amber: Savour modern French finesse at the 2 Michelin-starred and green-starred Amber, featuring a curated four-course lunch menu with a selection of the restaurant’s signatures for 2 guests. Ami: Four-course Tasting Lunch for 2 persons (Monday to Saturday). Café LANDMARK: Nestled in the heart of Hong Kong, savour the exquisite tea set for 2 guests while embracing the opulent surroundings with effortless elegance. Mandarin Oriental, Hong Kong: Legendary Afternoon Tea for 2 guests at Clipper Lounge or Café Causette. Enjoy access to our luxury salon with two complimentary BESPOKE Salon Lounge Passes. This reward is valid until 31 August 2025. Upon spending HK$100,000 or more (up to 3 invoices) Receive an HK$5,000 Shopping Reward with a minimum spend of HK$20,000 for your next purchase. This reward is valid until 31 August 2025. Upon cumulative spending RMB¥40,000 or more with Alipay CN (within 7 days) Receive up to RMB¥8,000 additional Shopping Reward. Promotional period: from 23 January to 22 March 2025. Terms and conditions apply. For more details, please visit the campaign site: https://www.landmark.hk/en/whats-on/happenings/cny2025-tourist-promotion/ Hashtag: #LANDMARK The issuer is solely responsible for the content of this announcement. About LANDMARK LANDMARK represents the epitome of top-tier luxury shopping and lifestyle experiences. Drawing from a rich heritage which began in 1904 – LANDMARK today is the luxury shopping destination of Hongkong Land’s Central portfolio including 4 iconic connected buildings, LANDMARK ATRIUM, LANDMARK ALEXANDRA, LANDMARK CHATER and LANDMARK PRINCE’S. LANDMARK offers approximately 208 of the finest

Media OutReach

Schneider Electric named The World’s Most Sustainable Corporation for a second time

First-ever corporation to top Corporate Knights Global 100 twice 14th consecutive year in Global 100 index, 7th top 10 ranking Follows strong 2024 performance in other key ESG ratings HONG KONG SAR – Media OutReach Newswire – 24 January 2025 – Schneider Electric, the leader in the digital transformation of energy management and automation, has been named the World’s Most Sustainable Corporation 2025 by Corporate Knights and is the only company to rank first in the Global 100 twice. Schneider Electric previously topped this annual list of the most sustainable publicly listed companies, generating annual revenues of over $1bn in 2021. This unique achievement underlines Schneider’s long-standing commitment and holistic approach to delivering the best environmental, social and governance (ESG) performance possible. “For many years now, sustainability has been at the heart of what Schneider Electric does. For an IMPACT company it’s more than just a corporate goal, it’s the driving force that shapes our business decisions and inspires our employees,” said Olivier Blum, Schneider Electric’s Chief Executive Officer. “This second title as the World’s Most Sustainable Corporation from Corporate Knights, alongside other key ESG recognitions, is testimony to the valuable, long-term positive impact we have.” This year, Schneider Electric’s number one position reflects the company’s leadership in sustainable development practices, such as the gender diversity of its executives and board directors, and its innovative solutions to facilitate energy efficiency, electrification and decarbonization. Schneider also obtained strong scores for efforts to decouple its energy consumption and carbon emissions from its business growth, and its strong investment in sustainable research and development. Corporate Knights also called out the link between executive pay incentives and Schneider Electric’s sustainability performance and ESG ratings. “Schneider Electric’s position at the top of the Global 100 index is remarkable. No other company has accomplished this twice,” said Toby Heaps, Corporate Knights’ CEO. “This success stems from Schneider’s broad impact that goes beyond its own sustainability efforts. Schneider provides the technology to enhance energy efficiency, support decarbonization and help other companies in their sustainable transitions.” Compiled by the Canadian media and research company, Corporate Knights, the annual Global 100 index is based on publicly disclosed, quantitative data related to resources, employees, suppliers, sustainable revenues, and investment. The Global 100 methodology uses fixed and variable key performance indicators to rank companies among their peers. Schneider Electric has been part of the Global 100 every year for the past 14 years and in the top 10 seven times — a record for its electrical equipment manufacturing peer group. Being awarded this title in both 2021 and 2025 coincides with the beginning and end of the five-year period of the latest Schneider Sustainability Impact program. This program measures the company’s progress across a range of transformative ESG targets set for the end of 2025 and helps maintain an unwavering focus on achieving both its global and local ambitions. Schneider’s sustainability leadership is further affirmed with these latest scores from prominent ESG rating providers: Sustainability External ratings 2024 score Highlights Assessed universe (# companies) S&P Global Corporate Sustainability Assessment (CSA) 86/100 Industry leader Included in the DJSI World index for the 14th consecutive year and in the DJSI Europe index 13,000 EcoVadis (1) 85/100 Outstanding level for the 2nd consecutive year Platinum medal (top 1% of all companies assessed) for 5th year 130,000 Moody’s Analytics (Vigeo Eiris) 73/100 Included in the Euronext Vigeo World 120, Europe 120, Euro 120, France 20, and CAC40 ESG indices 4,800 MSCI ESG rating AAA Leader among 165 companies in its peer group AAA for 14th year Included in the World ESG leaders and Socially Responsible indices 8,500 Sustainalytics ESG Risk rating Low risk Industry Top-Rated ESG Performer 1st out of 301 companies in its peer group 16,000 (1)2025 score Related resources: Schneider Electric latest sustainability performance reports Environment, Social, Governance (ESG) FAQ Hashtag: #SchneiderElectric #Sustainability #ESG #Award The issuer is solely responsible for the content of this announcement. About Schneider Electric Schneider’s purpose is to create Impact by empowering all to make the most of our energy and resources, bridging progress and sustainability for all. At Schneider, we call this Life Is On. Our mission is to be the trusted partner in Sustainability and Efficiency. We are a global industrial technology leader bringing world-leading expertise in electrification, automation and digitization to smart industries, resilient infrastructure, future-proof data centers, intelligent buildings, and intuitive homes. Anchored by our deep domain expertise, we provide integrated end-to-end lifecycle AI enabled Industrial IoT solutions with connected products, automation, software and services, delivering digital twins to enable profitable growth for our customers. We are a people company with an ecosystem of 150,000 colleagues and more than a million partners operating in over 100 countries to ensure proximity to our customers and stakeholders. We embrace diversity and inclusion in everything we do, guided by our meaningful purpose of a sustainable future for all. www.se.com/hk Discover the newest perspectives shaping sustainability, electricity 4.0, and next-generation automation on Schneider Electric Insights.

Media OutReach

Hong Kong Wraps Up Valuable Participation at WEF Annual Meeting

HONG KONG SAR – Media OutReach Newswire – 24 January 2025 – Financial Secretary of the Hong Kong Special Administrative Region (SAR), Paul Chan, wrapped up his participation at the World Economic Forum (WEF) Annual Meeting in Davos, Switzerland (January 23) with a flurry of thematic meetings, panel discussions and high-level exchanges with global political, business and financial leaders. As a panelist for a discussion session titled “Stemming Financial Fragmentation”, Mr Chan noted that while geopolitics may subject regional and global financial markets to greater volatility, Hong Kong boasts a robust financial system and strong buffer, maintains a free and open business environment, and steadfastly upholds the linked exchange rate system. Hong Kong SAR’s Financial Secretary, Paul Chan (second right), participating in the session “Stemming Financial Fragmentation” of the WEF Annual Meeting. He added that Hong Kong is actively embracing financial innovation, including the development of digital assets, with appropriate regulations in place to promote the responsible and sustainable growth. In another thematic discussion, organised by the Giving to Amplify Earth Action launched by the WEF, the Financial Secretary noted that Hong Kong, as an international financial centre, plays to its strengths as a “super-connector” and “super value-adder” in promoting investment in climate projects. Hong Kong provides financial support for green and transition projects through its comprehensive financial services. It also seeks to facilitate co-operation among the public, private and philanthropic sectors. In support of the city’s efforts to develop trade relations with “Global South” countries, Mr Chan held bilateral discussions with the Minister of Investment of Saudi Arabia, Khalid Al-Falih, and the Minister of Finance of Egypt, Ahmed Kouchouk, and invited them to lead business delegations to Hong Kong to explore mutually beneficial co-operation opportunities. Mr Chan also met with the President and the Chief Executive Officer of Franklin Templeton, Jenny Johnson, to discuss the business expansion plans of the international fund group in the region. A day earlier (January 22), Mr Chan met representatives from Coinbase, a United States cryptocurrency exchange platform, to learn about the company’s latest business development and exchange views on global trends and regulatory policies concerning digital assets. Mr Chan also met with senior management from insurance provider Swiss Re, where he outlined Hong Kong’s initiatives to strengthen its role as an international risk management centre, including the development of innovative products such as catastrophe bonds. He emphasised that Hong Kong would continue to encourage businesses worldwide engaged in infrastructure and investment projects to leverage the city for comprehensive risk management, adding that Hong Kong seeks to attract more domestic and international companies to establish captive insurance companies in the city. Other bilateral meeting included those with the Minister of Finance of Qatar, Ali bin Ahmed Al-Kuwari, and the State Secretary for International Finance, Federal Department of Finance of Switzerland, Daniela Stoffel, respectively. Exchanges focused on the latest global economic and financial landscapes and ways to enhance co-operation between Hong Kong and both economies in trade, financial services and infrastructure. Mr Chan (left) meeting with the founder and executive chairman of the World Economic Forum, Professor Klaus Schwab. In discussion with Professor Klaus Schwab, founder and executive chairman of the WEF, Mr Chan said Hong Kong is willing to strengthen co-operation with the WEF in different areas, including green transition, financial services development, urban management, and more. He added that Hong Kong valued its participation in the WEF Annual Meeting, which provides an opportunity to showcase the city’s unique advantages under the “one country, two systems” principle and better understand international trends, exchange views with various economic and sectoral representatives, and present Hong Kong’s perspectives. Hashtag: #hongkong #brandhongkong #asiasworldcity #WEF #financialservices https://www.brandhk.gov.hk/https://www.linkedin.com/company/brand-hong-kong/https://x.com/Brand_HK/https://www.facebook.com/brandhk.isdhttps://www.instagram.com/brandhongkong The issuer is solely responsible for the content of this announcement.

Media OutReach

Delphos Advises on a Landmark $150M Deal for Mongolian Mortgage Corporation – Bolstering Housing Access

WASHINGTON, DC and ULAANBAATAR, MONGOLIA – Media OutReach Newswire – 24 January 2025 – The U.S. International Development Finance Corporation (DFC) has received approval from its Board of Directors on a $150 million landmark financing to the Mongolian Mortgage Corporation (MIK), advised by Delphos, the global financial advisory firm. This transformative deal will see the DFC acquire $150 million of mortgage-backed securities, managed by MIK, enabling local commercial banks to create new and affordable mortgages. The ultimate goal is to increase homeownership opportunities for thousands of low—and middle-income families in Mongolia. The approval represents the largest Mongolian financing in the history of the DFC, and its predecessor agency OPIC. Additionally, the transaction marks a significant leap forward in MIK’s promotion of housing affordability and improving living standards for Mongolians, many of whom reside in informal housing settlements. The financing aligns with broader efforts to address Mongolia’s urban challenges. Ulaanbaatar, the country’s capital, is home to close to 50% of Mongolia’s rapidly growing population, 60% of which still reside in informal settlements lacking basic infrastructure and access to social services. Mongolia’s urban transformation is the perfect time to invest in housing development. Delphos is committed to creating a meaningful impact at this crucial juncture, aligning with UN Sustainable Development Goal 11, which aims to make cities and human settlements inclusive, safe, resilient, and sustainable. Affordable mortgages will help transition many families into formal housing, accelerating urban development and fostering economic stability. Delphos served as the exclusive advisor on this transaction. Delphos will continue to support MIK through to the transaction’s financial close. Delphos’ Chairman and CEO, Bart Turtelboom, noted that “MIK is a systemically important financial institution within Mongolia. We are proud to support our client and appreciate their trust. We are excited to support Mongolia’s robust financial services industry and urban development, helping to create a meaningful impact through this deal. Gantulga Badamkhatan, CEO of MIK added: “We are excited to partner with US DFC on this transformative financing. This landmark transaction with its innovative structure will pave the way to catalyzing private sector capital into Mongolian mortgage market. We appreciate Delphos’ market-leading advisory work in structuring and arranging the transaction on our behalf. This financing will be pivotal for our continued growth and impact, and we look forward to reaching financial close soon.” The partnership reaffirms DFC’s commitment to fostering inclusive economic development and highlights Mongolia’s potential as an emerging market for impactful investments. For Delphos, the transaction reinforces its position as a trusted advisor in mobilizing capital for frontier markets. This deal underscores Delphos’ expertise in private emerging markets, especially for financial institutions. This is also Delphos’ latest successful transaction in Mongolia. Since 2022, Delphos has advised Bogd Bank on nearly USD 40M in multiple international financings. NOTES To Editors: Delphos has served as the exclusive financial advisor on the deal, leading all aspects, from initial market distribution to financial structuring and negotiations. This is Delphos’ second financial services deal in Mongolia. Since 2022,, Delphos has arranged nearly USD 40M in international financings for Bogd Bank. Delphos will continue to support the Mongolian Mortgage Corporation until its financial close this quarter. Capital raising: USD 150 Million Sectors: Mortgages, Affordable Housing Impact: More affordable mortgages for housing Ulaanbaatar’s population goes from informal housing to formal housing Higher living standards Hashtag: #Delphos The issuer is solely responsible for the content of this announcement. About Mongolian Mortgage Corporation (MIK) MIK is dedicated to enhancing access to affordable housing in Mongolia through innovative financial solutions that promote homeownership and economic development. About DFC U.S. International Development Finance Corporation (DFC) is a modern, consolidated agency that combines the capabilities of OPIC and USAID’s Development Credit Authority while introducing new and innovative financial products to better attract private capital to the developing world. The U.S. will have more flexibility to support investments in developing countries to drive economic growth, create stability, and improve livelihoods. About Delphos Delphos is the financial advisor in frontier markets for NBFI and development companies and projects. They specialize in raising long-term, competitively priced capital for corporates, fund managers, developers, SMEs, sovereigns, and entrepreneurs worldwide. Since 1987, Delphos has been responsible for more than $20 billion in development finance to support the efforts of over 1,200 companies. Delphos provides market-leading transaction advisory and investment/risk management consulting services to government and private sector clients across multiple industries. Today, they advise AfDB, DFC, IDB Invest, IFC, USAID, US Ex-Im Bank, USTDA, WBG, leading private equity firms, infrastructure developers and strategic investors, and foreign governments and utilities. Delphos is a global financial advisory firm specializing in frontier and emerging markets. It has a 38-year track record of delivering impactful capital-raising solutions for non-bank financial institutions.

Property

The MET Corporate Towers Redefine Corporate Spaces with Innovation 3rd Space Concept

KUALA LUMPUR: Developed by Triterra, The MET Corporate Towers (The MET) represents a groundbreaking addition to Malaysia’s commercial real estate. As the first Grade A Strata office office in KL Metropolis, The MET redefines corporate spaces with an innovative blend of functionality, lifestyle integration, and cutting-edge tenancy management. Positioned as “The New Business Class,” The MET introduces a future-focused approach to office environments, supporting SMEs—the backbone of Malaysia’s economy—while seamlessly merging productivity, lifestyle, and community. Prime Location in Mont’ Kiara Strategically located in the prestigious Mont’ Kiara enclave, The MET is perfectly positioned to serve as a hub for global and regional business activities. Its proximity to key economic landmarks such as the Malaysia International Trade and Exhibition Centre (MITEC), the Malaysia External Trade Development Corporation (MATRADE), and the Ministry of Investment, Trade, and Industry (MITI) offers unparalleled access to Malaysia’s economic nerve centers. Situated in a culturally diverse neighborhood with over 50 nationalities, The MET fosters innovation and collaboration among professionals worldwide. The 3rd Space Concept: Where Work Meets Lifestyle A defining feature of The MET is its innovative 3rd Space Concept, which integrates work, leisure, and lifestyle. Its culinary directory boasts renowned outlets such as %Arabica, Lacher Patisserie, Fiancée, Culinart, OR Gelato, Brotani, and SOL, a rooftop lounge on Level 40. The Malaysiana Food Garden transforms from a vibrant daytime food court into an event-ready venue by evening, providing tenants and visitors with a dynamic dining experience. Upcoming additions, including JHOL, Niko Neko, and Atlas Super Bar, will further enhance this offering. The MET also features premium amenities, including a state-of-the-art gym, a business theatre with a 70-seat auditorium, and versatile event spaces on Level 9 with stunning views. On Level 10, “The MET Club by Colony” provides a luxurious coworking hub designed for startups, solo entrepreneurs, and small teams. Thoughtfully crafted green landscapes and hospitality-inspired features further elevate work-life balance, making The MET a hub for dynamic, inspiring experiences. Flexibility and Tenant-Centric Solutions The MET offers flexible office layouts, from compact spaces ideal for startups to expansive, full-floor offices for larger corporations. Tower A provides a variety of options across its low, mid, and high floors, allowing tenants to scale their operations without relocating. The introduction of Strata-Tenancy-Management, pioneered by Trilink Real Estate, has transformed the landlord-tenant relationship. This system improves operational efficiency, reduces vacancies, and minimizes downtime through centralized management. Commitment to Connectivity and Community The MET will also launch Trek Rides, a Demand Responsive Transit (DRT) service designed to simplify commuting for tenants and visitors. This initiative reinforces Triterra’s commitment to accessibility and convenience. Beyond the tower, Triterra actively collaborates with local councils, community leaders, and stakeholders to enhance the surrounding environment—beautifying pavements, improving pedestrian safety, optimizing traffic flow, and organizing community events. A Magnet for Industry Leaders As the first Grade A strata office in KL Metropolis, The MET has already attracted leading tenants, including Siemens Healthineers, Siemens Malaysia, and CIDB, cementing its reputation as a premier choice for businesses seeking innovation, growth, and long-term success. A Vision for the Future of Workspaces “Our goal with The MET was to create more than just office spaces. We envisioned a community that empowers success, fosters innovation, and enhances daily experiences,” said Christopher Lim, CEO of Triterra. “The MET embodies our commitment to delivering excellence and innovation.” With its strategic location, forward-thinking design, and tenant-focused solutions, The MET Corporate Towers sets a new benchmark for modern workspaces. By blending functionality, elegance, and innovation, it reimagines what a corporate environment can achieve.

Energy & Technology, News

Worldwide Holdings & Keyfield Offshore Set Malaysia Record for Solar Panel & Battery Installation

SHAH ALAM: Worldwide Holdings Berhad (WHB) in partnership with Keyfield Offshore Sdn Bhd, proudly announces its achievement in being officially recognized by the Malaysia Book of Records. Together, they have set a new benchmark by installing the solar panel system with battery storage on an offshore vessel, the MV Keyfield Wisdom. As the EPCC (Engineering, Procurement, Construction and Commissioning) partner, WHB played a critical role in delivering this sustainable energy solution, representing a leap forward in integrating renewable energy into the offshore operations. “This recognition by the Malaysia Book of Records is a testament to our continuous commitment to sustainability and innovation,” said Da Paduka Norazlina Zakaria, Group Chief Executive Officer of WHB. “We are proud to collaborate with Keyfield Offshore on this pioneering project, which showcases how renewable energy can reshape maritime operations, paving the way for a greener and more sustainable future”. The integration of solar panels and battery storage on the MV Keyfield Wisdom signifies an important step in reducing reliance on traditional energy sources or fossil fuels, aligning with Malaysia’s broader sustainability goals.  WHB remains committed to advancing renewable energy initiatives that support industries in adopting innovative, eco-friendly, and sustainable solutions.  

Lifestyle

Tropical Hainan Island, China: Tourist’s Paradise Filled with Sunshine, Hospitality

HAIKOU, CHINA – Media OutReach Newswire – 24 January 2025 – Recently, the Hainan Free Trade Port in southern China has launched various events featuring intangible cultural heritage to celebrate the Spring Festival. Visitors can look forward to abundant sunshine, a rich cultural legacy, verdant rainforests, and warm hospitality over the holiday season. Hainan has planned 300 programs to highlight its intangible cultural heritage. Festival, the social practices of the Chinese people in celebration of traditional New Year, was inscribed on UNESCO’s Representative List of the Intangible Cultural Heritage of Humanity last December. This upcoming Spring Festival, Hainan has planned 300 programs to highlight its intangible cultural heritage. In addition to traditional activities such as Hainan Opera spear tricks, Lantern Festival flower exchange, carp lantern spring festival celebration, Qionghai Nanzhong dragon dance, Sanya Phoenix Island Carnival, and display of Li brocade craftsmanship, visitors can taste delicacies such as zhegu tea, coconut rice, and brown sugar rice cakes. With a feast for the eyes and a delight for the palate, a journey to the island promises to be truly unforgettable. In addition, to make tourists’ winter experience delightful and tailored to their specific needs, Hainan has designed eight routes (e.g., unwinding at romantic beaches, driving around the island) and 72 packages (e.g., ethnic culture, cuisine plus culture). Since the end of last year, China’s 144-hour visa-free transit policy has been extended to 240 hours, and two ports of entry have been added in Hainan, allowing international guests to enter and exit the island via any of its three international airports (Haikou Meilan, Sanya Phoenix, and Qionghai Boao). “Qilou (arcaded buildings), food, surfing… I saw a Hainan that is both traditional and modern. Now that there is a 240-hour visa-free policy, I would love to visit Hainan again to explore further!” said Liu Wenxin, a Singaporean tourist who recently returned from a trip to Hainan. According to the Hainan Department of Tourism, Culture, Radio, TV, and Sports, the three major airports in the province have resumed operations after COVID-19, with 70 international and regional passenger routes connecting Southeast Asia, Northeast Asia, the Middle East, Australia, New Zealand, Europe, Hong Kong, Macao, and beyond. In particular, new routes from Hainan to the United States, the UAE, and New Zealand provide added convenience for overseas visitors. Moreover, Hainan authorities have introduced multiple payment options to enhance the experience for international sightseers. “When I buy anything, I can scan to pay or tap to pay,” said American tourist David, who used Alipay to make a quick purchase of a souvenir on Haikou’s Qilou Old Street. “From getting off the plane to visiting scenic spots, a mobile phone is all I need. This is incredibly easy!” Hashtag: #Hainan The issuer is solely responsible for the content of this announcement.

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The Tun Ismail Ali Centre of Excellence at The Asia School of Business

KUALA LUMPUR: The Asia School of Business (ASB) convened the preliminary launch of the Tun Ismail Ali Center of Excellence in Monetary and Financial Economics (TIA CoE), a Bank Negara Malaysia (BNM) endowed research center. The event brought together leading central bankers, policymakers, and academics to celebrate the inauguration of the center at ASB. Distinguished speakers included Tan Sri Dr. Zeti Aziz, founding Chair and Co-Chair of the Board of Governors of ASB and former Governor of BNM, who highlighted that Bank Negara Malaysia had established the Tun Ismail Ali Chair at Universiti Malaya 25 years ago, in August 2000. “This Tun Ismail Ali Center of Excellence that is now being established at ASB is aimed at strengthening further the academic and professional knowledge in the area of financial and monetary economics in Malaysia and more broadly in the emerging world.” Meanwhile, BNM Governor Abdul Rasheed Ghaffour in his keynote address emphasized that the center is able to facilitate policymakers to effectively address the upcoming global macroeconomic challenges. He added that the center is also committed to providing training and development opportunities, inline with the center’s long-term objectives for capacity building. “By enhancing the skills and knowledge of our local talent, the center aims to elevate the overall capacity of our institutions”, he said. In her keynote address, Professor Hélène Rey, Lord Bagri Professor of Economics at the London Business School spoke on the global financial cycles and their impact on emerging markets. Her pioneering research delved into the complex dynamics of financial intermediaries, implying how risk-taking varies across institutions and the challenges this poses for monetary policy. Professor Rey’s in-sights included the trade-offs that policymakers face in managing these dynamics, emphasizing the importance of balancing economic growth with financial stability in a global landscape. In welcoming the TIA CoE to ASB, Professor Melati Nungsari, Deputy Dean of Research at the Asia School of Business, highlighted, “It is an exciting opportunity to have TIA CoE join ASB, contributing to the school’s ongoing commitment to delivering cutting-edge research, particularly in monetary and financial economics. This new center will help address key challenges, stimulate discussions, and serve as a hub for academic knowledge sharing and research.” She further noted that over the past decade, emerging markets now account for over 60% of global GDP growth, and employ approximately 85% of the global workforce, emphasizing the crucial role of innovative research in shaping the future of these economies. “TIA CoE will play a role in supporting research and dialogue on contemporary monetary policy issues facing central banks,” said Professor Ho Sui-Jade, co-director of TIA CoE alongside Professor Ozer Karagedikli. “We are excited to collaborate with BNM and the broader academic community to foster research and knowledge exchange between local academics and other researchers in these areas globally.” The Tun Ismail Ali Center is committed to advancing research in monetary and financial economics, enhancing the capacity of local higher education, and broadening public engagement. As a dedicated research hub for central banking issues in emerging markets, the center will host central bankers, scholars, and researchers to pursue research that support the center’s objectives. TIA CoE will also facilitate academic knowledge sharing through conferences, seminars, and other research events, while providing training and advisory services to central banks and relevant organizations to further its mission. In the lead up to the TIA CoE’s official launch later this year, the center will establish a grant application process for researchers interested in conducting research aligned with the center’s goals.

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Kaplan (Singapore)’s New City Campus at Odeon 333: Empowering Students for Success in the Future Economy

SINGAPORE – Media OutReach Newswire – 24 January 2025 – Kaplan (Singapore) officially launched its new Odeon 333 City Campus1 on 17 January 2025, another dynamic hub for delivering Murdoch University and Kaplan programmes and fostering a vibrant environment for student activities. This landmark occasion also celebrates the longstanding partnership between Murdoch University and Kaplan, recently renewed for another 15 years in 2024. From left to right, Professor Peter Waring, Professor Simon McKirdy, Professor Andrew Deeks, His Excellency Allaster Cox, Ms Denise Phua, Mr David Jones, and Dr Susie Khoo commemorated the launch of the Odeon 333 City Campus The launch comes at a milestone year, with Singapore and Australia celebrating 60 years of diplomatic relations in 2025, a moment that underscores the important role of education in strengthening connections between the two nations. This year also marks Murdoch University’s 50th anniversary and 25 years of delivering quality education to students in Singapore, making the new campus opening a fitting reflection of Kaplan and Murdoch’s shared commitment to advancing education and collaboration. Professor Andrew Deeks, Vice-Chancellor and President of Murdoch University shared, “Over the past five decades, Murdoch has grown from a single campus in Perth to a university with a global presence. We began with a culture of critical thinking, of nurturing a community of scholars who are dedicated to making a positive impact – and with a commitment to academic excellence – and this has not changed today. As we embark on this new chapter, we reaffirm our commitment to international partnerships, and we look forward to building a brighter future in Singapore for a long time to come.” The new campus inauguration was graced by distinguished guests, His Excellency Allaster Cox, Australian High Commissioner to Singapore, and Ms Denise Phua, Mayor of Central Singapore District, who officiated the event with a symbolic LED ball lighting ceremony. Guests were also treated to a campus tour, featuring immersive VR demonstrations that brought cutting-edge technology to life, along with a livestream connection to Murdoch’s Perth campus, showcasing the exciting potential for lessons to transcend physical boundaries. Commenting on the launch, Dr Susie Khoo, President of Kaplan (Singapore) remarked, “This campus represents more than a new space right in the heart of the city; it embodies our commitment to investing in education, offering students diverse pathways to success and supporting them in achieving their learning goals. Located in Odeon 333, a BCA Green Mark Platinum-certified2 building, it also reflects our dedication to sustainability and building a better future.” Campus Features The Kaplan City Campus @ Odeon 333 spans three levels, offering thoughtfully designed study areas and well-equipped classrooms that promote learning and innovation in today’s tech-driven landscape. Its facilities include high-capacity computer labs, a wellness room, a reference room, and the Connexion, which is equipped with writable tables that double as height-adjustable whiteboards, enabling dynamic and interactive learning experiences. Additionally, a club room enhances the student experience by offering a welcoming space for relaxation, social interaction, and community-building. High-Capacity Computer Labs Our state-of-the-art computer labs are designed to equip students with future-ready skills in this transformative age of AI. Featuring cutting-edge hardware for maximum performance and productivity, the labs are optimised with dual monitors and an inverted-U layout that facilitates seamless interaction between students and lecturers to enhance learning outcomes. Wellness Room Among its key features, the campus provides a dedicated wellness room to support students’ mental and physical well-being. This serene space is designed for relaxation and self-care, ensuring a holistic approach to student support. Club Room With amenities for leisure, collaboration, and games such as air hockey, darts, tabletop curling, and a game console, this vibrant space offers students a place to unwind, connect, and spark creativity. Self-Study Areas Configured to facilitate self-study or productive group discussions while maintaining an environment conducive to focused studies, our multiple self-study areas offer a blend of comfort and functionality. Odeon 333 City Campus Opening Promotion Celebrate the opening of the Odeon 333 City Campus with exclusive sign-up incentives when you enrol in selected Murdoch University programmes through Kaplan during the January or May intakes! Enjoy an Education Grant of up to S$6,540 and stand a chance to win exciting prizes like laptops and Apple AirPods in our lucky draw. Don’t miss this opportunity to kickstart your education journey with added rewards—visit https://murdoch.kaplan.com.sg/ for details. 1. Kaplan City Campus @ Odeon 333 is located at 333 North Bridge Road, Level 2, Singapore 188721 2. https://www.uol.com.sg/odeon/ Hashtag: #KaplanSingapore #KaplanTheChoice #MurdochAtKaplan #MurdochUniversity #KaplanOdeon333Campus https://www.kaplan.com.sg/https://www.linkedin.com/company/kaplansingapore/https://www.facebook.com/KaplanSingapore/https://www.instagram.com/kaplansingapore/https://www.tiktok.com/@kaplansingapore The issuer is solely responsible for the content of this announcement. About Kaplan (Singapore) Kaplan (Singapore) is part of Kaplan Inc., one of the world’s most diverse education providers, and is 4-year EduTrust certified, demonstrating the excellent quality of our programmes and services, as well as business operations. To date, Kaplan (Singapore) has students from over 55 countries and regions, and has served more than 100,000 graduates. With over 450 academic and professional certification programme options for higher learning and skills development, Kaplan (Singapore) provides opportunities for individuals to pursue lifelong learning. Find out more at www.kaplan.com.sg. About Kaplan Kaplan, Inc. is a global educational services company that helps individuals and institutions advance their goals in an ever-changing world. Our broad portfolio of solutions help students and professionals further their education and careers, universities and educational institutions attract and support students, and businesses maximize employee recruitment, retainment, and development. Stanley Kaplan founded our company in 1938 with a mission to expand educational opportunities for students of all backgrounds. Today, our thousands of employees working in 27 countries continue Stanley’s mission as they serve about 1.2 million students and professionals, 15,000 corporate clients, and 3,300 schools, school districts, colleges, and universities worldwide. Kaplan is a subsidiary of the Graham Holdings Company (NYSE: GHC). Learn more at www.kaplan.com. About Murdoch University Since opening our doors in 1974, Murdoch University has been committed to making education accessible to all. Our New Strategy reaffirmed our purpose, focusing on three strategic themes of; Sustainability, Equity,

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