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Nissan chief executive officer Makoto Uchida, left, and Honda president Toshihiro Mibe attend a news conference in Tokyo on March 15.
News

Honda, Nissan can surpass BYD

Honda Motor Co absorbing Nissan Motor Co could give the two struggling Japanese brands the scale they need to take on China’s BYD Co (比亞迪), sales figures released yesterday showed. Honda, which earlier this week sketched out plans for a deal that amounts to an acquisition of Nissan, sold 3.43 million cars globally in the first 11 months of this year. Nissan said it sold just over 3 million. China’s biggest automaker BYD sold 3.76 million vehicles over the same period — a clear illustration of how Nissan and Honda are weak alone, but together might have a fighting chance. Honda and Nissan are having trouble contending with ascendant domestic automakers in China, which surpassed Japan as the world’s largest car exporter last year and is set to pull further ahead next year. The duo have had to pare back staffing and production in China, while Mitsubishi Motors Corp, which might also participate in the Honda-Nissan combination, has all but pulled out of the world’s biggest car market. Honda’s sales in China fell 28 percent last month compared with the same month of last year, while output slumped 38 percent year-on-year. Any spending Honda might need to do to catch up could be impacted by its ¥1.1 trillion (US$7 billion) buyback, S&P Global Inc said in a report. “Large-scale share repurchases do not contribute to strengthening the future business base and result in capital outflows,” the ratings agency added. Honda announced the buyback on Monday. The upper limit amounts to 24 percent of issued shares. Stock in Honda closed up 0.8 percent yesterday. Nissan’s China sales dropped 15.1 percent last month, while local production sank 26 percent. Globally, Honda’s sales last month slipped 6.7 percent to 324,504 units, while output tumbled 20.4 percent. Nissan’s worldwide sales declined 1.3 percent year-on-year last month to 278,763 vehicles, while production took a bigger hit at 14.3 percent. Together, Honda and Nissan would also pose more of a threat to Toyota Motor Corp, which is the world’s biggest automaker followed by Germany’s Volkswagen AG. Its global sales plateaued last month as lackluster demand coalesced with a pause in production at two of its plants. Toyota’s sales — including that of subsidiaries Daihatsu Motor Co and Hino Motors Ltd — totaled 984,348 units last month, the Japanese automaker said yesterday, down 0.2 percent year-on-year. Production declined 9.4 percent to 966,921 units. Toyota’s business is also feeling the strain of locally made electric vehicles in China as well as intense competition over hybrid gasoline-electric cars in the US. Like Honda and Nissan, its hold on markets across Southeast Asia is being steadily eroded by Chinese competitors, too. More broadly, weaker global demand this year for new cars was compounded by output cuts at Toyota caused by regulatory probes, and recalls in Japan and abroad. Production in the first 11 months fell 7.3 percent in Japan and 15.2 percent in China for Toyota, again underscoring the rising competition in Asia’s biggest economy. Toyota’s production in China, or vehicles off the delivery line as opposed to end-consumer sales, declined 1.6 percent last month. Shares in Toyota gained as much as 4.4 percent yesterday.–BLOOMBERG

Media OutReach

Energea launches next-gen Qi2-certified chargers for smarter, faster and safer power

SINGAPORE – Media OutReach Newswire – 27 December 2024 – Energea is revolutionizing wireless charging with the launch of its latest lineup, created to embrace the new open wireless charging standard, Qi2, by the Wireless Power Consortium (WPC). The innovative collection, featuring the MagTrio Plus, MagDuo, and MagPac Pro+, supports Apple’s most-loved devices, including the iPhone, Apple Watch and AirPods. Each product is officially Qi2-certified, guaranteeing superior speed, performance and overall charging efficiency. Energea proudly introduces the Qi2 collection, featuring MagTrio Plus, MagPac Pro+ and MagDuo. The venture forms part of Energea’s strengthened commitment to redefining tech accessories to empower today’s digital nomads, using sophisticated charging solutions tailored for the modern hustle. Among them, the MagTrio Plus stands out as the most eagerly anticipated item, building on the success of its predecessor, the MagTrio. This is a 3-in-1 wireless charger featuring a sliding watch module, upgraded with superior ergonomics and magnetic strength. With an ultra-slim profile of just 18mm, the MagTrio Plus is optimized for portability and practicality, making it ideal for travel and everyday use. It debuts in contemporary colors, including gunmetal, gold, and blue, offering a stylish touch to match any aesthetic. For those seeking an adaptable configuration, Energea’s 2-in-1 wireless charger, MagDuo, is the perfect solution. This compact powerhouse, equipped with a built-in kickstand, is engineered for life in motion. Supporting both portrait and landscape modes, it measures at 16mm for utmost freedom of movement. Whether you’re carrying it with you or docking it somewhere, the MagDuo enables charging both your iPhone and Apple Watch simultaneously—epitomizing multifunctional convenience. The MagPac Pro+ takes cues from its previous iterations while embracing the possibilities of the future. It adeptly pairs the steadfast reliability of wired charging with the ease of wireless charging, reinventing the classic power bank with modern features. Among its most notable enhancements, it powers up to three devices at once via its dual USB-C and wireless outputs, all while boasting an impressive 10,000mAh capacity. The built-in USB-C cables allow users to effortlessly plug in and recharge both the power bank and the devices. Its sleek, integrated metal kickstand, making it an exceptional charging solution for any scenario. These products all proudly feature Qi2 certification, including Energea’s pioneering Qi2 3-in-1 wireless charger, MagCube. The WPC has built the Qi2 Magnetic Power Profile (MPP) upon MagSafe technology, setting an unprecedented standard in wireless charging. With Qi2 certification, users can look forward to enhanced benefits over the previous Qi standards. The magnetic alignment feature ensures perfect positioning between the charger and the device, leading to higher charging efficiency, reduced heat generation, and potentially faster charging speed with movement of up to 30%. From resolving everyday challenges to overhauling the way technology looks and feels, Energea aims to empower and inspire customers to make technological choices that elevate their lives. Experience smarter, faster and safer power delivery with Energea’s Qi2-certified chargers on their website. To keep in the loop on the latest tech releases, follow Energea on Instagram, Facebook and YouTube. Hashtag: #Energea #WirelessCharging #Technology https://goenergea.com/https://www.facebook.com/goenergeahttps://www.instagram.com/energea_official/YouTube: https://www.youtube.com/channel/UCgUifv2gGPmQ_KUpVXduHAA The issuer is solely responsible for the content of this announcement. Energea Dedicated to designing products of quality, enhanced functionality and refined style, Energea defies the perception that tech accessories are purely practical and uninspired. With an established presence in Asia, Middle East, Ukraine, South Africa and Russia, Energea steps ahead towards providing not only leading power solutions but also streamlined electronics globally.

Media OutReach

A Year of Growth for VinFast: Navigating the Storm, Seizing Opportunity

HANOI, VIETNAM – Media OutReach Newswire – 26 December 2024 – While the EV industry is entering a period of sustainable but somewhat slower growth, VinFast’s long-term commitment to pure electric vehicles and the support of its parent company, Vingroup, give it a unique advantage. With a long-term vision for green mobility, VinFast has leveraged the industry slowdown to strategically expand its presence and build strong growth momentum. This year, VinFast has successfully executed this strategy: establishing a firm foundation, consolidating its position during the market downturn, and achieving remarkable results in recent months. VinFast’s 2024 performance showcased the effectiveness of its multi-product, multi-market strategy, driven by strong trade partnerships with key countries. While the electric vehicle industry has demonstrated impressive year-over-year growth, it’s crucial to acknowledge that this rapid expansion is likely to slow down over time. As the EV market matures, a more gradual growth trajectory is anticipated, a common trend observed in any rapidly developing sector. VinFast, the Vietnamese EV manufacturer listed on the Nasdaq, has the potential for long-term growth in the industry. The company’s multi-product, multi-market strategy positions it to weather global economic storms and capitalize on favorable trade relations with strategic partners. VinFast Emerges as a Global Green Warrior VinFast’s 2024 performance showcased the effectiveness of its multi-product, multi-market strategy, driven by strong trade partnerships with key countries. Building upon its successful Nasdaq IPO, VinFast has continued to broaden its market footprint in North America and Europe. In 2024, the company officially announces the global launch of the VF 3 mini e-SUV, the VF Wild concept pickup truck, and the Drgn Fly electric bike at CES 2024. VinFast also strengthened its market position in the U.S. by expanding its dealer network, contributing to optimizing costs and enhancing brand recognition. This strategic move aimed to accelerate the delivery of high-quality products and services to North American consumers. As of October 31, 2024, the company had 173 showrooms globally for EVs and 160 showrooms and service workshops for e-scooters, including VinFast showrooms and dealer showrooms. Demonstrating its commitment to green transformation, VinFast is expanding its presence beyond key markets like Europe and North America. The company has entered the Philippines market, where it has officially launched its brand and begun delivering electric vehicles. Furthermore, VinFast has broken ground on a new manufacturing facility in India, signaling its strategic expansion into key regional markets. In Indonesia, VinFast made a strong debut at the 2024 Indonesia International Motor Show (IIMS). The company introduced its smart electric vehicles, launched attractive sales and warranty policies, and is actively growing its dealer network. Notably, VinFast has broken ground on an assembly plant in Indonesia, a key step in boosting production capacity for its global expansion strategy. VinFast’s innovative battery subscription policy has been a major success in Indonesia. The company received the “Pioneering Initiative Driving Green Transition” award from Detik.com, a prestigious automotive newspaper, and was also recognized by CNN Indonesia for its contribution to the country’s green transformation. In fact, aligned with Mr. Pham Nhat Vuong’s vision for a sustainable future, VinFast is driven by the green ecosystem encompassing V-GREEN and Xanh SM. Recently, V-GREEN and Prime Group, a diversified conglomerate, through its UAE subsidiary, have signed a Memorandum of Understanding to develop a network of charging stations for VinFast electric vehicles in Indonesia. The MoU signifies the strong commitment of both parties to explore and develop this strategic partnership. The ambitious target is to establish approximately 100,000 VinFast charging stations within the next three years, with a projected total investment of up to USD 1.2 billion. This collaboration not only underscores VinFast’s strong potential to capture a significant share of the burgeoning Indonesian electric vehicle market but also demonstrates the confidence of renowned international enterprises, especially investors from the Middle East, in VinFast’s vision and capabilities. Following its successful expansion in Asia and North America, VinFast is now strategically entering the Middle Eastern market. Leveraging strategic partnerships and cutting-edge technology, the company aims to accelerate the adoption of electric vehicles in this dynamic region. VinFast has officially launched its brand in the Middle East, partnering with three leading automotive dealers. In collaboration with Al Tayer Motors, VinFast has opened its first dealership in the United Arab Emirates, strategically located in downtown Dubai. This state-of-the-art facility, spanning over 1,000 square meters, showcases a contemporary and opulent design, seamlessly integrating a service workshop. Perseverance Pays Off: VinFast’s Year-End Triumphs To thrive in the dynamic automotive market, VinFast has adopted a multi-pronged approach, offering a diverse range of electric vehicles including eight cars, one bus, nine motorbikes, and one bicycle. This strategy, catering to a wide range of consumer needs and budgets, has proven successful in the Vietnamese market, with VinFast achieving the top spot in car deliveries for the first ten months of 2024. A remarkable shift has occurred in Vietnam’s automotive market, with electric vehicles now outselling gasoline-powered cars. This rapid transition is driven by the success of VinFast. This achievement, achieved within just two years of VinFast’s full transition to electric vehicles, signifies a significant milestone for the Vietnamese automotive industry and highlights the growing consumer demand for sustainable transportation options. VinFast’s growth momentum continued unabated in November, with the company delivering over 16,000 electric vehicles across all models. This record-breaking monthly delivery brings VinFast’s total domestic sales for 2024 to over 67,000 units, solidifying its position as the leading electric vehicle manufacturer in Vietnam. The company has successfully disrupted the Vietnamese automotive market with a winning combination of innovative products and a compelling sales strategy. The introduction of the VF 3, a stylish and practical electric SUV at an attractive price point, has been a key driver of this success. The VF 3 has quickly become a popular choice for urban commuters, with eager buyers eagerly anticipating their deliveries. Furthermore, the VF 5 is proving to be a game-changer, appealing to both individual and commercial customers. Notably, VinFast is witnessing a growing trend of traditional taxi operators

Media OutReach

APB Singapore Champions Drinking in Moderation with Keep It Real, Keep It Moderate Campaign

Singaporeans are invited to nominate their “Real Ones” to celebrate those who embody responsibility who make moderation their mantra SINGAPORE – Media OutReach Newswire – 26 December 2024 – With the festive season in full swing, Asia Pacific Breweries Singapore (APBS) is turning the spotlight on embracing authenticity and championing moderate drinking with the launch of its latest campaign, ‘Keep It Real, Keep It Moderate’. Aimed at making responsible drinking the modern lifestyle choice, the campaign promotes drinking in moderation as the ultimate way to celebrate and let true personalities shine. Our time with friends brings much joy, connection and celebration, yet it is so often overshadowed by the pressures of fitting in or the fear of missing out (FOMO). The bold, social-first initiative ‘Keep It Real, Keep It Moderate’ flips the focus back to what really matters: shared laughter and genuine, meaningful conversations with friends and loved ones. The campaign encourages individuals to move away from the excesses that cloud their true personalities, empowering them to own their nights by staying true to themselves. Because what truly makes a night memorable — having to drink till you drop or the memories that linger long after your last toast? Bringing your Authentic Selves to Celebrations The campaign kicked off with drunk texts sent out from APBS’ Official Instagram Account in the middle of the night – a relatable experience that many of us have encountered, or worse – gasp – sent ourselves. To celebrate authenticity and individuality and encourage drinking in moderation, APBS is unveiling various fun and relatable personality profiles, from “the Gym Rat” to “the Gamer Girl”. Showcasing how drinking in moderation allows everyone’s unique quirks and passions to shine, APBS seeks to inspire healthier drinking habits while showing that authenticity is the key to memorable celebrations. ‘The Real Ones’ Social Contest Nominate The “Real Ones” At the heart of the campaign lies a celebration for the “Real Ones”, the responsible ones who lead by example and look after their friends during moments of overindulgence. Every group has a “Real One” — the friend who keeps it cool and makes moderation their mantra. APBS’ ‘Keep It Real, Keep It Moderate’ introduces five unique categories to recognise friends who embody responsible drinking habits: Snack Drawer: The real one who kept our stomachs full so the drinks didn’t hit too fast. Low Key Legend: The real one who kept the vibes alive while pacing drinks like a champ. Zero-zero Hero: The real one who held their ground in the face of peer pressure. Cab Caller: The real one who said no to drinking and driving and got everyone home safely. Water Fetcher: The real one slowed the rounds with water and kept the night in check. Everyone is invited to nominate their “Real Ones” who fit into any of the five categories above using customised Instagram Story templates available on APBS’ Instagram page. The perfect chance this holiday to acknowledge their effort and thank those who help you out during moments of overindulgence, anyone can submit their entries simply by using the “Add Yours” function on the templates and sharing the best tips learned from their “Real Ones” on drinking responsibly. The 50 most inspiring stories, with 10 winners in each category, stand to win exclusive prizes including a custom trophy to honour their “Real One”, a $20 Grab voucher and a carton of Heineken 0.0 to toast to their authenticity. Nomination starts on the 20th of December and ends on the 3rd of January. Winners will be announced on 10th January on APBS’ Instagram. Creating Lasting Memories “Our goal is to inspire and encourage people to adopt responsible drinking habits,” said Patricia Lee, Corporate Affairs Director, Asia Pacific Breweries Singapore. “Drinking in moderation is not about saying no, it is about saying yes to the best version of yourself, to the moments that matter, and to nights you will never forget. With ‘Keep It Real, Keep It Moderate’, we aim to inspire a movement where moderation is celebrated, not sidelined, doubling down on our commitment to promoting responsible drinking and reminding everyone to not let overdrinking take over your personality.” Whether you are raising a toast to the holidays or ringing in the New Year, APBS’ ‘Keep It Real, Keep It Moderate’ invites everyone to make this festive season one to remember — for all the right reasons. For more details on the campaign and how to participate in the contest, visit APBS’ Instagram at www.instagram.com/apbsingapore. Hashtag: #APBS https://www.apbsingapore.com.sg/https://www.instagram.com/apbsingapore The issuer is solely responsible for the content of this announcement. About Asia Pacific Breweries Singapore Asia Pacific Breweries Singapore is the nation’s leading and most sustainable brewery. Established in 1931, we are the home of the world-acclaimed Tiger Beer, and we house an unparalleled range of premium beers like Heineken® and Guinness. People are at the heart of our business, and we ignite the moments that brew the joy of true togetherness. We believe in sustainability as a positive force for change, and our Brew a Better World sustainability strategy raises the bar with new commitments to advocate for an inclusive, fair and equitable world. Asia Pacific Breweries Singapore is an operating arm of The HEINEKEN Company.

The Executives

FINAS: Shaping the Future of Malaysia’s Creative Industry

https://www.youtube.com/watch?v=55LhAOQ4WF8&t=31s The creative industry, especially film and television, is not only a vital cultural pillar but also a key economic contributor for Malaysia. However, like many industries, it faces significant challenges—ranging from policy gaps to rapid technological shifts and changing global dynamics. To navigate these complexities and ensure sustainable growth, Datuk Azmir Saifuddin Mutalib, CEO of the National Film Development Corporation Malaysia (FINAS), shares his organisation’s vision and the steps being taken to position the industry for both cultural impact and economic success.  One of the cornerstones of a thriving creative sector is a well-structured policy framework that addresses the diverse needs of industry stakeholders. “The creative industry is multifaceted, and one-size-fits-all solutions simply do not work,” says Datuk Azmir. “By categorising filmmakers based on their development stages, we can provide targeted support—from nurturing emerging talent to empowering established production houses to expand internationally.”   This strategic segmentation not only helps define clearer industry pathways but also allows for more impactful interventions at every stage of a filmmaker’s journey. From financial assistance to educational support, this approach ensures that the industry grows cohesively, with each group contributing effectively to its broader success.  Adapting to a Changing Global Landscape: Post-Pandemic Recovery and Global Shifts  The COVID-19 pandemic disrupted many industries, with the creative sector among the hardest hit. Production schedules were delayed, cinemas closed, and revenue streams evaporated. At the same time, external challenges such as the 2023 Hollywood strikes further impacted the global content market, putting pressure on local production houses to adapt  Datuk Azmir acknowledges the lasting effects of these disruptions but emphasises the resilience of the Malaysian creative industry. “The pandemic changed everything,” he reflects. “But it also accelerated shifts that were already happening—like the rise of Video-on-Demand (VOD) platforms.” The pivot to digital and online streaming has, for many companies, been a lifeline. FINAS has been at the forefront of analysing these market shifts, exploring new ways to support local content creators in competing globally.  “We are working closely with local production companies to help them understand and tap into these digital platforms, ensuring that Malaysian content reaches audiences worldwide. This is an exciting opportunity for us to bring Malaysian stories to the global stage,” says Datuk Azmir.  Ensuring Fair Treatment and Financial Security for the Workforce  The Malaysian creative industry is heavily reliant on freelancers, who make up approximately 90% of the workforce. Recognising the importance of this demographic, FINAS has introduced several initiatives to improve their welfare. “Freelancers are the lifeblood of our industry, yet they often face precarious working conditions,” explains Datuk Azmir. “We are committed to enhancing their working standards through standardised contracts, mandatory insurance coverage, and provisions that protect vulnerable groups, such as child actors.”  Beyond contractual reforms, FINAS has also partnered with Malaysia’s Employees Provident Fund (EPF) and the Social Security Organisation (SOCSO) to encourage freelancers to open personal accounts, ensuring long-term financial stability. “These partnerships provide a safety net for workers during medical emergencies or unexpected circumstances, offering peace of mind as they continue their work in the creative sector,” Datuk Azmir highlights.  Transforming the Creative Industry into an Economic Powerhouse  For Datuk Azmir and FINAS, the goal is clear: to transform Malaysia’s creative industry into a major economic driver. “The creative economy has immense potential, not only in terms of cultural influence but also as an economic contributor,” he asserts. “To achieve this, we need to build a sustainable ecosystem that attracts both public and private investments.”  A key part of this strategy is streamlining funding mechanisms to provide more targeted financial support. FINAS has introduced innovative financing programs, such as the matching fund system, where producers secure a portion of their funding through international pitching opportunities, while FINAS covers the rest. “This model ensures that projects are thoroughly vetted, backed by private investment, and not solely reliant on government funds,” Datuk Azmir explains.  Additionally, through strategic collaborations with international partners, FINAS aims to bring cutting-edge technology to Malaysia’s creative sector. Investments in facilities like Dolby Atmos sound systems and virtual production studios powered by Unreal Engine are helping to elevate local productions to global standards. “These technological investments are essential in maintaining a competitive edge in the fast-evolving creative industry,” he adds.  Preparing for the Future  For Datuk Azmir, education is the bedrock of long-term industry growth. “The future of Malaysia’s creative industry lies in the hands of a highly skilled and educated workforce,” he says. “That’s why we’re focusing on education and capacity building to ensure our filmmakers have the technical know-how and global best practices to compete on the international stage.”  As part of this vision, FINAS is rolling out several initiatives aimed at building talent from the ground up. One of the most ambitious projects is a six-month script development lab designed to guide aspiring filmmakers through every stage of content creation, from storyboarding to full script development. “This program will not only help participants refine their craft but also give them access to global pitching platforms and international film festivals, opening doors for greater visibility and success,” says Datuk Azmir.  Adapting to Emerging Trends and Strengthening Distribution Networks  The rise of Over-The-Top (OTT) streaming platforms has significantly altered audience behavior, with many turning to digital options rather than traditional cinema. To address this shift, FINAS is actively working to revitalise cinema attendance and strengthen local distribution networks. “We’re collaborating with international distributors like Disney and Sony to ensure that Malaysian content reaches a global audience,” says Datuk Azmir. “At the same time, we’re empowering local companies to build regional distribution networks to enhance the reach of our films and TV shows.”  Incorporating Cutting-Edge Technology and Navigating Global Markets  As the creative industry becomes increasingly reliant on technological advancements, FINAS has been investing heavily in state-of-the-art facilities. These include high-quality sound systems and virtual production studios, which are redefining the filmmaking process in Malaysia. “We are also exploring the potential of artificial intelligence in content creation,” Datuk Azmir says. “AI could revolutionise processes such

News

HeiTech Padu Founder’s Daughter Steps Down as GCEO; Ex-Maybank Exec Takes Over

KUALA LUMPUR: HeiTech Padu Bhd founder’s daughter Salma Nadia Mohd Hilmey has voluntarily resigned as its group managing director and group chief executive officer, with the resignation to be effective Dec 31, 2024. According to Bursa Malaysia Securities’ filings, a former executive vice president and head of business development of Malayan Banking Bhd Hasrul Azuan Mohd Yusof will take over as CEO. He was appointed on Monday, Dec 23, 2024. HeiTech Padu’s share price hit a high of RM3.08 before falling to RM3.02 a share following the news. It has a market capitalisation of about RM336 million. “The board of directors of HeiTech Padu wishes to announce that Salmi Nadia, group managing director and group chief executive officer of the company have entered into a Settlement Agreement for Mutual Separation of Service dated Dec 23, 2024,” the filing said. She assumed the role on April 3, 2024. Salmi Nadia intends to pursue other opportunities and interests. Salma Nadia is the daughter of the HeiTech Padu’s founder and deputy executive chairman Datuk Seri Mohd Hilmey Mohd Taib. He holds a 17.8 per cent interest in the company. MyEG Services Bhd holds a 16.3 per cent interest while Rosetta Partners Sdn Bhd 22.5 per cent interest in the company

Media OutReach

GC Ranked No. 1 in DJSI Chemicals Business Sector for Six Consecutive Years, Becoming the First and Only Company Worldwide to Achieve This, Reaffirming Its role as a Global Model For Sustainability

BANGKOK, THAILAND – Media OutReach Newswire – 26 December 2024 – PTT Global Chemical Public Company Limited (GC) has been ranked No. 1 in the chemicals business category of the Dow Jones Sustainability Indices (DJSI) World Index for the sixth consecutive year by S&P Global. This recognition reflects GC’s adherence to global standards in sustainable business operations, focusing on Environmental, Social, Governance, and economic (ESG) principles. GC continues to advance balanced sustainability across all dimensions and is committed to achieving net-zero greenhouse gas emissions by 2050. Mr. Narongsak Jiwakanun, CEO of GC, stated, “This achievement underscores GC’s unwavering commitment to being a global leader in sustainability. Being ranked No. 1 in the chemicals business category for six consecutive years as the first and only company in the world reflects our dedication to conducting transparent business practices, prioritizing the interests of all stakeholders, and driving social and environmental progress in tandem. GC firmly believes that sustainability cannot be achieved in isolation; it requires collaboration across all sectors to create meaningful, long-term positive impacts and lay a solid foundation for society at national and global levels.” GC has set a goal of becoming a low-carbon or Net Zero Company by 2050. The company continue to foster sustainability throughout its business value chain, driving collaboration with all sectors to support the transition to sustainability. At the heart of this effort lies the Sustainable Supply Chain strategy, which has been instrumental in maintaining GC’s position as the No. 1 global leader in sustainable business, as recognized by the DJSI for six consecutive years. GC integrates sustainability principles into its supply chain management as a core strategy to strengthen the organization. This approach encompasses business partners, suppliers, surrounding communities, and all stakeholders, aligning operations with the GC Supplier Code of Conduct. By doing so, GC enhances its competitive edge in ESG (Environmental, Social, and Governance) while fostering shared benefits throughout the supply chain. E: Environment GC collaborates with partners and businesses to achieve decarbonization goals in the supply chain. This includes implementing Circular Economy principles to reduce waste and minimize energy consumption while improving resource efficiency. S: Social The company emphasizes human rights across all dimensions, ensuring comprehensive care for employees, partners, and contractors through Human Rights Due Diligence processes. This includes labor rights, environmental considerations, and community well-being. GC also supports initiatives to enhance the quality of life in local communities. G: Governance GC upholds strong corporate governance, conducting business with ethics, respect for rights, and accountability to shareholders and stakeholders. It evaluates sustainability-related issues through the lens of Double Materiality, considering both business impacts and stakeholder expectations. GC ensures transparent and verifiable management of material issues, adhering to International Disclosure Standards for accountability and reporting. The Dow Jones Sustainability Indices (DJSI) are globally recognized benchmarks for assessing corporate sustainability. These indices evaluate the performance of over 3,500 large companies worldwide and are ranked by S&P Global. DJSI serves as a key metric for measuring the effectiveness of business operations aligned with sustainable development principles. GC’s ranking as the No. 1 company in the chemicals business category for six consecutive years highlights its ability to deliver sustainable returns while instilling confidence among global investors. Hashtag: #DJSI #GC #GCChemistryforBetterLiving The issuer is solely responsible for the content of this announcement.

Media OutReach

ALCO HOLDINGS (00328) announce the launch of four strategic mechanisms to foster employee collaboration and enhance team cohesion.

HONG KONG SAR – Media OutReach Newswire – 26 December 2024 – ALCO HOLDINGS (00328) , a leading company in the audiovisual and information technology sectors, today announced the official launch of four strategic mechanisms aimed at further optimizing internal management and fostering a positive corporate culture. These initiatives are designed to promote harmonious relationships among employees and enhance overall team cohesion. The four mechanisms include a people-oriented management philosophy, a diverse range of employee activities, an open and inclusive corporate environment, and a commitment to core values centered around integrity. These strategies reflect Aigo Group’s long-term commitment to employee well-being and the development of its corporate culture. Strategy 1: People-Oriented Management Philosophy ALCO HOLDINGS has always upheld the management philosophy that “employees are the most valuable asset of the company,” recognizing that employees are not only the foundation of business operations but also the core driving force behind the company’s sustainable growth. To inspire employees’ potential and creativity, ALCO HOLDINGS offers a comprehensive benefits system and a conducive work environment. The company’s production facilities and headquarters are equipped with various amenities, including a reading room, basketball court, badminton court, table tennis room, billiards room, computer room, and medical center, all aimed at creating a healthy, comfortable, and vibrant working environment for employees. This people-oriented management style not only enhances employee satisfaction but also ensures they gain a sense of achievement in their work. ALCO HOLDINGS’ management team consistently prioritizes the physical and mental well-being of its employees, offering regular training and seminars to improve their professional skills and strengthen their competitiveness and adaptability in the workplace. These initiatives reflect Aigo Group’s commitment to supporting employee growth and development, creating a sustainable career path for its workforce. Strategy 2: A Wide Range of Employee Activities ALCO HOLDINGS understands the importance of a strong team atmosphere and regularly organizes a variety of employee activities aimed at fostering interaction and communication among staff members. These events, such as the Mid-Autumn Festival Garden Party, Karaoke Competition, Christmas Party, Chess Tournament, Basketball Tournament, and Tug-of-War Contest, provide employees with opportunities to enrich their leisure time and encourage them to relax and unwind outside of work. Additionally, the company offers a range of interest-based classes, including dance, Tai Chi, taekwondo, table tennis, English, and Japanese, allowing employees to explore personal interests and further develop themselves beyond their professional responsibilities. These diverse activities not only strengthen the friendships among employees but also cultivate a strong sense of teamwork. During these events, the spirit of collaboration and collective sharing is further reinforced, as employees engage in joint activities that foster mutual understanding and support. This, in turn, enhances their ability to work together more effectively and creatively when facing work challenges. Through these initiatives, ALCO HOLDINGS has created a positive, dynamic corporate atmosphere, significantly boosting employee enthusiasm and team cohesion. Strategy 3: An Open and Inclusive Corporate Environment At ALCO HOLDINGS, diversity and inclusivity are central to the company’s corporate culture. The company brings together elite talent from around the world, with a strong commitment to fostering an open and dynamic work environment. In this setting, employees are encouraged to share their ideas and insights and actively participate in decision-making and innovation processes. This inclusive culture allows every employee to freely express themselves, realize their personal value, and feel respected and valued within the organization. This open atmosphere motivates employees to actively communicate and share knowledge in their daily work. Through cross-departmental collaboration and exchange, employees can better integrate resources and achieve superior results. At ALCO HOLDINGS, every employee is seen as an active contributor to the company’s culture, with the organization’s success stemming from the vitality and innovation of its diverse culture. Aigo firmly believes that only under the guidance of an inclusive and diverse culture can a company continuously innovate and maintain its competitiveness in an ever-changing market. Strategy 4: Adherence to Honesty and Integrity Honesty and integrity hold a central position in ALCO HOLDINGS’ business principles. The company emphasizes the importance of mutual respect and keeping commitments, advocating for doing things the right way. This core value not only motivates employees but also strengthens trust and reliance among them. When faced with challenges and making decisions, Aigo’s employees carefully consider the company’s values and the impact on colleagues and clients. This strong cultural atmosphere enables employees to collaborate with greater confidence in the face of work challenges, fostering a powerful sense of internal cohesion. This trust and collaborative relationship serve as a key pillar for ALCO HOLDINGS’ continued innovation in the market. The culture of honesty and integrity also motivates employees to continually improve their professional skills, with self-discipline and a sense of responsibility forming the foundation of teamwork. These values are further reinforced through training and development programs. ALCO HOLDINGS’ core values not only shape the company’s external image but also deeply influence internal work practices, encouraging employees to grow together in a positive and empowering environment. Corporate Culture Driving Sustainable Development The management team at ALCO HOLDINGS stated that the launch of these four strategic mechanisms will further strengthen the company’s competitiveness within the industry while providing employees with a more harmonious work environment and greater opportunities for growth. Moving forward, ALCO HOLDINGS will continue to leverage its outstanding corporate culture to drive sustainable development, using innovation and teamwork as the foundation to achieve higher business objectives in the global market. Hashtag: #ALCO The issuer is solely responsible for the content of this announcement.

Media OutReach

SIBUR receives highest-category ESG rating from China’s largest rating agency

MOSCOW, RUSSIA – Media OutReach Newswire – 26 December 2024 –The rating agency China Chengxin Green Finance Technology (Beijing) Ltd. (CCXGF) has assigned SIBUR an ESG rating of A-, making SIBUR the only Russian company to receive a rating in CCXGF’s highest category. SIBUR also ranks among the top 10 in CCXGF’s ESG rating of global chemical companies. Regarding the criteria assessed by the rating, SIBUR’s performance easily exceeded the industry average. Notably, the agency gave the company a score of 95.76 out of 100 for environmental stewardship, while the average for other companies in the sector was 52.19. SIBUR also received a score of 80.73 for its work on occupational safety, compared with an average of 55.04 for other companies, and a score of 85.58 for its disclosure of decisions, while the industry average was 36.75. The analytical report also noted SIBUR’s efforts to recognise, assess and reduce climate risks. Moreover, the authors of the report drew attention to the company’s sustainable development strategy, which, among other things, sets goals for reducing greenhouse gas emissions. The company’s efforts in the area of biodiversity conservation were also mentioned: SIBUR supports projects and initiatives aimed at species conservation, and its production sites are not located in areas of high biodiversity value. “The Asia-Pacific countries are developing their expertise when it comes to sustainability and paying increasing attention to the sustainable development agenda every year. In this context, the assignment of an A rating to SIBUR by China’s largest rating agency is a very important result. It confirms that our practices are in compliance with best global practices and is an additional point of engagement for developing dialogue with partners in important markets for the company,” said Alexey Kozlov, SIBUR’s Managing Director and a member of the company’s Management Board. “We place great value on our partnership with SIBUR and see immense potential in our collaboration with Russian clients,” says Dongyang Xue, President of CCXGF. “CCXGF is at the forefront of domestic green finance and ESG service provision in China. Our expertise positions us to significantly boost SIBUR’s international profile, particularly in the Chinese market. Through our ESG rating, we aim to enhance transparency and foster a deeper understanding of SIBUR among international stakeholders”. Hashtag: #SIBUR The issuer is solely responsible for the content of this announcement.

Media OutReach

VT Markets Innovates Trading at the Hong Kong Traders Fair

HONG KONG SAR – Media OutReach Newswire – 25 December 2024 – On December 14th, VT Markets took centre stage at the 2024 Traders Fair financial expo in Hong Kong, marking yet another milestone as a leading global financial trading service provider. Showcasing its industry-leading innovations and services, the award-winning brokerage garnered significant attention for its unique market insights and forward-thinking solutions. Knowledge is Power VT Markets underscored its expertise in cryptocurrency markets with a keynote speech by guest analyst Eyad. He compared various tools for trading cryptocurrencies, introducing innovative options and strategies tailored for traders. Eyad emphasised the advantages of trading cryptocurrencies via CFDs over traditional spot asset holding, highlighting lower entry barriers and significantly reduced transaction costs. For example, trading one Bitcoin via CFDs on VT Markets costs just $14 per transaction, compared to $66 with other methods—a cost reduction of approximately 78%. Moreover, the brokerage offers leverage up to 333:1, enabling traders to control one Bitcoin (valued at $100,000) with as little as $300. For many, this was a masterclass on how the right trading tools can give traders a strategic edge from the start. An Enhanced User Experience VT Markets also took the opportunity during the expo to demonstrate its app’s copy trading system and a streamlined 3-minute account opening process. This, for many attendees, was a unique opportunity to experience hassle-free trading firsthand. With VT Markets, traders can now access global markets with minimal time and effort. In just three minutes, they can open a live account and use the brokerage’s proprietary copy trading system to replicate strategies from top traders, enabling precise entry and efficient portfolio management. In line with its philosophy, VT Markets aims to break down the barriers of time, technology, experience, and expertise through flexible solutions, intelligent tools, and advanced technical support. By lowering the thresholds to trading and boosting efficiency, the platform delivers an ever-fresh and innovative experience tailored to investors of all levels. Organised by FINEXPO, Traders Fair is renowned as one of the world’s largest and most prestigious financial expos. It serves as a hub for industry leaders, investment experts, and top-tier companies, as well as a bridge connecting traders of all levels. This year’s event attracted 16 globally recognised exhibitors and featured over 10 seminars covering trending topics such as forex, cryptocurrencies, and trading tools, offering fresh perspectives, investment strategies, and trading techniques. Hashtag: #VTMarkets #CFDs #CFDsbrokers #crypto #bitcoin #LeverageTrading #TradersFair https://www.linkedin.com/company/89310903/admin/feed/posts/https://www.facebook.com/VTMarketsCNhttps://www.instagram.com/vtmarkets/ The issuer is solely responsible for the content of this announcement.

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