WEnergy Global & Partners win biggest tender for smart and clean power grids in the Philippines, set to power over 30,000 people in Palawan

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MANILA, PHILIPPINES – Media OutReach – 8 September 2022 – Palawan, a province in the Philippines known for its pristine beaches, clear waters, and natural wonders, is taking a step further in becoming the most sustainable island in the world.

http://cleangridpartners.com

WEnergy Global Pte Ltd (“WEG”), a company duly organized and incorporated under the laws of the Republic of Singapore. WEG is a leader in development, designing, building, owning, financing and operating renewable energy power infrastructure, including power generation, energy storage and transmission and distribution systems. WEG has been the creator of SREC, ASEAN’s first clean microgrid comprising 14 km of transmission and distribution lines powered by a hybrid power generation system consisting of solar PV (1,400 kWp), Diesel generators (1,200 kW) and a 2,400 kWh Battery Storage System. WEG, jointly with and as shareholder of CGP, has been working with technical specialists of TEPCO PowerGrid on developing microgrids in Papua New Guinea and Myanmar, and WEG has carried several investments studies on the decarbonization of existing diesel-powered island grids through the use of solar PV and Battery Storage Systems (“BSS”) Indonesia townships on Pulau Sumba in Nusa Tenggah Tengara (NTT). WEG is also a key provider of several types of services related to rooftop solar for commercial and industrial clients in Philippines (through WEnergy Power Pilipinas Incorporation), Singapore and Indonesia. WEG won several international awards for sustainability and innovation, including its design and construction work for the off-grid illumination of the 23 km of ring road of the Bangkok International Airport, using solar PV, BSS and high-quality LED lighting that had zero defects in the past 7 years of being into operation. We refer to:

Jointly, the Consortium members have been operating their flagship investment – the Sabang Renewable Energy Corporation (SREC) in the World Heritage site of Sabang, Barangay Cabayugan, City of Puerto Princesa, Palawan under the same QTP program and under the auspices of PALECO since August 2019, and have even strengthened our commitment to 24/7 operations of our host community throughout the many challenges posed by the Global Pandemic and Typhoon Odette. The performance of the SREC QTP has more than surpassed the compliance requirements used to measure the performance of electric utilities in the Philippines.

Additional Videos of the Sabang Renewable Energy Corporation, the first full-compliant Microgrid in ASEAN and the Philippines:

SREC as the Winner of the Dr Albert Winsemius Award ’22 of the Dutch Chamber of Commerce in Singapore in the category of Outstanding Performance:

Powering Palaweños; Through Quick and Clean Off-Grid Electrification:

UBA Foundation Opens Portal For Essay Competition

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UBA Foundation Opens Portal For Essay Competition

UBA Foundation, the corporate social responsibility arm of the United Bank for Africa Plc, has commenced the 2022 edition of its ‘National Essay Competition in Nigeria with a call for entries.

The competition is part of the UBA Foundation’s education initiative aimed at promoting literacy and encouraging healthy and intellectual competition among senior secondary school students in Nigeria and across the African continent.

A statement by UBA said that this year’s essay competition, the 12th edition, would witness increased participation of students from senior secondary schools across Nigeria, “who are now able to submit their entries with ease from the comfort of their homes or schools through the UBAF NEC digital submission portal”.

The statement said the essay topic for this year is ‘ASUU strikes have often cost Nigerian students time. Advise the Nigerian government on how they can reach an agreement with ASUU to improve tertiary education in the country’.

It said for the past three years, UBA Foundation has been reviewing the prizes upwards to reflect economic realities and inflationary effects.

This year, the first prize winner will receive an educational grant of N5m to study at any African university of their choice, up from the N3.5m in 2021. Similarly, the second and third prizes now stand at N3m and N2.5m educational grants, rising from N2.5m and N2m, respectively.

Also, winners of the 12 best essays will go home with brand new laptops and other educational tools to help them with their tertiary research work and other studies.

Bola Atta, chief executive officer, UBA Foundation, said with the digital submission portal, more students in secondary schools across the country would have the opportunity to scan and send in their entries and compete to win educational grants for study at any university of their choice on the African continent.

“Over time, we have worked hard to ensure that our UBA Foundation programmes continue to impact lives in meaningful ways. We realize that the use of technologically driven initiatives is part of the modern day and we would like to reach students in their comfort zones,” Atta said.

Morgan Stanley Once Again Fully Recognizes Fosun International’s Solid Financing Capability and Reiterates “Overweight” Rating

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HONG KONG SAR – Media OutReach – 8 September 2022 – On 8 September 2022, Fosun International Limited (HKEX stock code: 00656, “Fosun International”) received recognition from Morgan Stanley, a major international investment bank for its solid financing capability. Morgan Stanley reiterated its “Overweight” rating on Fosun International with a target price of HK$11.4.

Morgan Stanley issued a research report on Fosun International yesterday (7 September), pointing out that although Fosun International has recently announced a few small divestments in its core subsidiaries, which raised concerns about the company’s near-term stability, Morgan Stanley has confidence in Fosun International’s financing capability and believes the company can raise enough cash to handle its debts and withstand the recent market pressure, the company is deleveraging further to rebuild confidence.

Following Morgan Stanley’s release of research report on Fosun International’s interim results on 31 August, Morgan Stanley once again issued a research report within a short period of time to reiterate its “Overweight” rating on Fosun International. Morgan Stanley expressed that Fosun International’s 2022 interim results was within expectation. The firm pointed out Fosun’s financial position is solid, with ample and increased cash position. As at the end of the reporting period, the company’s cash, bank balances and term deposits increased by approximately RMB21.0 billion to RMB117.65 billion, covering 45% of its total consolidated debt position; the debt to capital ratio was 56.8%. It believes that the Group’s balance sheet still largely stable.

After Fosun International announced its 2022 interim results, in addition to Morgan Stanley, a number of investment banks including Goldman Sachs, Citi, Daiwa Capital Markets and CICC, issued research reports and unanimously assigned “Buy” or “Overweight/Outperform” ratings to Fosun International. Fosun’s interim results showed that in the first half of the year, Fosun achieved sustainable growth in its revenue, continued to develop in technology and innovation and strengthen its globalization strategy, its funds remained stable, and its capital structure continued to be optimized, demonstrating the resilience of sustainable development, as well as the transparency of the financial strategy of balancing investment and divestment, which have been recognized by many major banks.

On 30 August, Fosun International announced its interim results. In the first half of 2022, against the backdrop of the complex and volatile external environment, Fosun demonstrated the resilience of sustainable development of its Health, Happiness, Wealth and Intelligent Manufacturing segments. During the reporting period, the Group’s total revenue amounted to RMB82.89 billion, representing a year-on-year increase of 17.7%; enterprise operation profit amounted to RMB2.33 billion, representing a year-on-year increase of 35.5%.

Since 2020, the Group has continued to strike a balance between investment and divestment, and optimize its asset portfolio. Following the realization of an “investment-to-divestment ratio” of less than 1 in 2020 and 2021, the Group continued to achieve more divestments than investments in the first half of 2022. Under the premise of balancing investments and divestments at the Group level, the Group focuses more on industry operations and the development of subsidiaries. The Group supports subsidiaries to carry out strategic mergers and acquisitions with the goal of strengthening its development of industry operations. At the same time, the Group’s financial strategy focuses on rating management, and plans to steadily and orderly reduce debt year by year from 2022 to 2025, while enriching cash on hand with asset divestments to consolidate liquidity buffer, steadily optimize its credit indicators, and further enhance the Group’s ability to cope with external market fluctuations and navigate economic cycles.

Recently, Fosun International has continued to strengthen cooperation with domestic and foreign banks. Following the signing of the strategic cooperation agreement with ICBC on 19 July, Fosun International renewed its strategic cooperation agreement with HSBC China on 26 August, HSBC China will provide support for Fosun International and its subsidiaries in the aspects of global operation and investment capabilities, growth strategies, financial resources, etc. To date, Fosun and its subsidiaries have established partnerships with more than 100 Chinese and foreign banks around the world and have signed strategic cooperation agreements with many international banks and Chinese banks.

Fosun has been steadfastly fulfilling its mission of “creating happier lives for families worldwide”, strengthening its presence in four business segments: Health, Happiness, Wealth and Intelligent Manufacturing. It is also one of the few companies in China which has global operation and investment capabilities and has accumulated profound technology and innovation capabilities. Fosun maintained a stable leverage ratio, high risk tolerance with its multi-currency debts and stable debt maturity, and it is in a healthy financial position. At the interim results presentation held on 31 August, the management of Fosun International said that after entering the second half of the year, thanks to the Group’s long-term adherence to profound industry operations, the financial and operational indicators of companies in multiple segments have rapidly shown signs of a steady recovery.

Hashtag: #Fosun

The issuer is solely responsible for the content of this announcement.

About Fosun

Founded in 1992, Fosun is a global innovation-driven consumer group dedicated to providing high-quality products and services for families around the world in Health, Happiness, Wealth, and Intelligent Manufacturing segments. In 2007, Fosun International Limited was listed on the main board of the Hong Kong Stock Exchange (stock code: 00656.HK). As of 30 June 2022, Fosun International’s total assets amounted to RMB849.7 billion. Fosun International ranks No.589 on the 2022 Forbes Global 2000 List, with a MSCI ESG rating of AA.

Top Three Apps You Can Use To Convert Old Photo, Negatives To Digital Images

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Top Three Apps You Can Use To Convert Old Photo, Negatives To Digital Images

Forget scrolling through your phone’s endless photo gallery to find something. Here’s a pro trick to locate any photo you want in 30 seconds or less. 

Are you ready to get started now? If your photos aren’t backed up, this is your friendly reminder to do it now. You’d be heartbroken should you lose all those memories. Tap or click for the foolproof steps to make the job a lot easier.

When it comes to the old photos you have lying around, you don’t need to pay for an expensive digitizing service or buy a scanner. You can use an app to get the job done. Here are three great options:

PhotoScan by Google Photos

Google’s PhotoScan is a free app for iOS and Android that scans your photos multiple times, then stitches all the images together to remove glare and improve the quality of the final image. The app works on matte, gloss prints, and photos inside or outside albums.

Tech how-to: Colorize old black-and-white family photos

Here’s how it works: Snap one photo, then take four additional shots according to the app’s instructions. PhotoScan uses an algorithm to detect and crop the photo, automatically detect the edge, correct the rotation, and correct the perspective to show a frontal view.

• Open the PhotoScan app and hold your phone above a photo.

• Tap the capture button to take pictures, which will save to your device.

• Move your phone around to get the circle over each of the four dots.

• After the photo is processed, tap the photo thumbnail.

• Select a photo to rotate, adjust the corners or delete.

You can then use Google Photos to store and organize your scans. From there, you can edit your images and share them with others.

Tap or click here to download for iPhone.

Tap or click here to download for Android.

Microsoft Lens

Microsoft Lens (formerly Office Lens) is a free business-oriented scanning app that works with documents, whiteboards, business cards, receipts, menus, signs, handwritten memos, or anything else containing text you want to import to your phone. It certainly beats typing everything by hand.

The app also works with photos and automatically corrects things like shadows and odd angles.

Microsoft Lens makes it easy to digitize photos in a few steps:

• Open Microsoft Lens and swipe left or right near the bottom of the screen and select Photo.

• Point your camera at the photo you want to capture, ensuring it is in the frame. You can turn the flash on and off before tapping the camera button to snap the picture.

• Now you can Add a new image to your scan, apply a Filter to the image, Crop, Rotate, or Delete the image. You can also annotate it or add text.

• Tap Done when you’re finished.

You can save pictures in your phone’s gallery.

Tap or click here to download for iPhone.

Tap or click here to download for Android.

Upgrade your photos: 3 affordable lens attachments to take better photos

A solid option for negatives: FilmBox by Photomyne

FilmBox is a scanner app for iOS and Android that digitizes your camera film negatives using just your smartphone.

You can view, capture, and save film negatives, making browsing, organizing, and sharing easier. FilmBox inverts the image’s negative colors into positive, then enhances the overall appearance.

Note: The first few scans are free, but you’ll have to pay for a subscription if you want to capture more. A two-year plan costs $39.99 and gives unlimited access to the app and its features.

All you need is a light source and your smartphone to get started:

• Place your negatives in a dark or low-lit room. Open the FilmBox app.

• The only light source should be a backlight, which you can get by opening a white screen on a tablet or computer. You can also use the photomyne.com/backlight link provided in the app. Set your backlight device to the highest brightness setting.

• Hold your film strip vertically in front of the light and keep it steady. Make sure the perforated borders are included in the scanning screen.

• Hold your negatives about two inches away from the light source and tap the app’s capture button.

• Your image will be saved as a digital photo in the app.

Tap or click here to download for iPhone.

Tap or click here to download for Android.

Keep your tech-know going

My popular podcast is called “Kim Komando Today.” It’s a solid 30 minutes of tech news, tips, and callers with tech questions like you from all over the country. Search for it wherever you get your podcasts. For your convenience, hit the link below for a recent episode.

PODCAST PICK: Smart headlights, ads on Apple Maps, find hidden trackers

Do you use navigation apps when you drive? Buckle up. You might have to deal with ads cluttering the screen. Also, Ford wants to make night driving easier with its smart headlights. Plus, is someone watching you with a hidden tracker? Here are the signs you need to watch out for.

Check out my podcast “Kim Komando Today” on Apple, Google Podcasts, Spotify, or your favorite podcast player.

Listen to the podcast here or wherever you get your podcasts. Just search for my last name, “Komando.”

Learn about all the latest technology on the Kim Komando Show, the nation’s largest weekend radio talk show. Kim takes calls and dispenses advice on today’s digital lifestyle, from smartphones and tablets to online privacy and data hacks. For her daily tips, free newsletters and more, visit her website at Komando.com.

The views and opinions expressed in this column are the author’s and do not necessarily reflect those of USA TODAY.

This article originally appeared on USA TODAY: Three great apps you can use to digitize old photos and negatives

How Many Billionaires Do We Have

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How Many Billionaires Do We Have

For most people, it’s hard to imagine having even a million dollars, let a billion. However, fortunes totaling $1 billion — and much, much more  — are a reality for the richest people in the world.

To put this in perspective, the median net worth of all American families was $121,700 as of 2019, according to the Federal Reserve. A billion dollars is nearly 8,217 times that amount.

Of course, all things aren’t equal even when a person amasses a billion-dollar fortune. Some people barely cross the finish line, while the absolute richest of the rich have accumulated so many billions, they’re in a league of their own.

Still, earning a billion dollars is a pretty incredible thing — and more people have done it than you might imagine. In fact, this level of wealth is much more widespread today than it was in the past.

Ready to find out how many billionaires are in the world right now? Keep reading to find out.

How Many Billionaires Are There in the World in 2022?

Achieving billionaire status is a very big deal, but not as difficult as it once was. Today, there are more than 19 times the amount of billionaires in the world than in 1987.

Specifically, there are 2,668 billionaires as of March 11, 2022, according to Forbes. However, only 140 people were in the exclusive billion-dollar club back in 1987.

By far, most of the world’s billionaires are from the U.S.  —  735 as of March of this year, as noted by Forbes. Next is China (539), followed by India (166), Germany (134) and Russia (83).

Who Is the No. 1 Richest Person in the World?

Now that you know how many billionaires are in the world, you’re probably wondering which one is the richest. While it’s easy to group them into the same super-elite category, some billionaires are definitely a lot wealthier than others.

Of the 10 richest people on the planet, seven reside in the U.S. and all are men, according to Forbes’ Real-Time Billionaires list. Some are self-made individuals, while others are grouped together under a family empire.

While the title of the richest person in the world tends to go back and forth between Elon Musk and Jeff Bezos, the Tesla, SpaceX and Boring Company founder is currently in the lead. Here’s a look at the net worths of Musk and the nine other richest people on the planet as of Sept. 2.

1. Elon Musk, $250.5 Billion

Musk’s net worth has surged in recent years. While still an incredible amount of money, the 51-year-old founder of six companies was worth just $24.6 billion in 2020.

2. Bernard Arnault and Family, $155.1 Billion

Based in France, 73-year-old Bernard Arnault helms luxury goods company LVMH — its 75 luxury brands include Louis Vuitton, Marc Jacobs, Christian Dior, Tiffany & Co., Bulgari, Dom Pérignon and Moet & Chandon. His net worth skyrocketed from $72 billion in 2018 to $158 billion in 2022, according to Forbes.

3. Jeff Bezos, $151.9 Billion

Founding Amazon out of his Seattle garage in 1994 has made Jeff Bezos one of the richest people in the world. The 58-year-old resigned as the company’s CEO in July 2021 and now serves as its executive chairman.

4. Gautam Adani and Family, $147 Billion

A self-made infrastructure tycoon, 60-year-old Adani’s conglomerate, Adani Group, has holdings in real estate, commodities, infrastructure, power generation and transmission. In September 2020, he scored a 74% stake in Mumbai International Airport, making him India’s largest airport operator.

5. Bill Gates, $106.3 Billion

The 66-year-old Microsoft co-founder stepped down from the company’s board in March 2020, but still reigns as one of the richest people in the world.

6. Larry Ellison, $103 Billion

The 78-year-old co-founded software company Oracle and continues to serve as its chairman and chief technology officer.

7. Warren Buffett, $96.7 Billion

One of the most successful investors in history, Warren Buffett earned his fortune as the CEO of Berkshire Hathaway Inc. Still working, the 92-year-old has seen a notable increase in his net worth since 2018, when his fortune was an estimated $84 billion.

8. Larry Page, $92.8 Billion

A co-founder of Alphabet — the parent company of Google — 49-year-old Larry Page’s fortune has surged since 2018, when he was worth $48.8 billion. Previously CEO of Google, he transitioned into the top job at Alphabet after the parent company was formed in 2015, but eventually stepped down from the role in December 2019.

9. Mukesh Ambani, $92.2 Billion

Based in India, 65-year-old Mukesh Ambani serves as the chairman and managing director of Reliance Industries Ltd. The company has a vast portfolio, spanning retail, entertainment, digital services, energy and materials.

10. Sergey Brin, $88.9 Billion

After co-founding Google, 49-year-old Sergey Brin became the president of Alphabet when the company was restructured in 2015. He stepped down from his role in December 2019, along with Page.

‘Poorest’ Billionaires in the World

To the average person, a billionaire is wealthy beyond comprehension. However, there are different tiers of wealth among the top 1% of the world.

For example, nearly 750 people on Forbes’ World’s Billionaires list for 2022 have a net worth of $1.5 billion or below as of March 11. This is obviously a monumental difference from Musk’s current $250.5 billion fortune.

In fact, only around 200 people on the list have a net worth above $10 billion as of March. Therefore, it’s easy to see the clear wealth hierarchy even among the billionaire crowd.

As for those worth $2 billion or less, there are quite a few recognizable names on the list. Here are some of the most notable names that made the World’s Billionaires list, along with their current net worths as of Sept. 2, according to Forbes’ real-time data:

  • Kanye West, entrepreneur and musician, $2 billion
  • Tim Cook, Apple CEO, $1.8 billion
  • Kim Kardashian, reality TV star and entrepreneur, $1.8 billion
  • Michael Jordan, retired NBA star, $1.7 billion
  • Sheryl Sandberg, outgoing chief operating officer at Meta and former Google executive, $1.5 billion
  • Jamie Dimon, JPMorgan Chase CEO, $1.4 billion
  • Jay-Z, rapper and entrepreneur, $1.3 billion
  • Sara Blakely, Spanx founder, $1 billion
  • Tyler Perry, actor and filmmaker, $1 billion

Therefore, when wondering how many billionaires are in the world, you might also consider each person’s net worth. While all incredible, $1 billion, $20 billion and $50 billion are vastly different fortunes.

How Many Trillionaires Are in the World?

Reaching trillionaire status is something even the richest people in the world have yet to achieve. This has everyone wondering: Who will be the first trillionaire? Only time will tell if Musk will win the race or if another billionaire will beat him to it.

Since the amount of billionaires has surged in the past 35 years, it seems likely that number will continue to increase. This might seem hard to believe, but in 1987 — when there were only 140 billionaires — people probably never would’ve imagined there would be 2,668 billionaires in 2022.

If the billionaire surge continues on its current path, there would be 19 times more people in this club in 35 years than there are today. This means more than 50,000 billionaires would be in existence by 2057.

While the idea of anyone reaching trillionaire status probably sounds unimaginable, it might seem a bit more in reach for someone like Musk, if so many other people are able to amass billion-dollar fortunes.

Only time will tell if this trend will continue or if the new billionaire uptick is only temporary. Keep a close watch over the next few years to see what happens.

PolyU hosts the first China Accreditation Test for Translators and Interpreters in Hong Kong: The first Test in Hong Kong will be held in November ‧ Nurturing translation professionals through the promotion of nationally accredited qualifications

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HONG KONG SAR – Media OutReach – 8 September 2022 – The Hong Kong Polytechnic University (PolyU) yesterday signed a cooperation agreement with the China Accreditation Test for Translators and Interpreters (CATTI) Management Center (CATTI Management Center) of the China International Communications Group (CICG). The agreement authorises PolyU to organise the CATTI test in Hong Kong, with a view to uplifting the professional standard of Chinese-English translation in the city. The first Chinese-English translation and interpretation tests will be held in Hong Kong on 5 and 6 November. Interested candidates can register from now until 10 October.

The Most Searched Consumer Brands In 2022

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The Most Searched Consumer Brands In 2022

In today’s fast-paced world, a strong brand is a powerful asset that helps a business stand out in a sea of competition.

What are some of the most popular brands around the world? One way to gauge this is by looking at Google searches to see what consumers are searching for online (and therefore, what brands they’re paying the most attention to).

This graphic by BusinessFinancing.co.uk uses data from Google Keyword Planner to show the world’s most searched consumer brands in the twelve months leading up to March 2022.

To source this wide of a dataset, the team at BusinessFinancing.co.uk first compiled a list of well-known brands, using a number of reputable sources including Forbes, the Financial Times, BrandDirectory, and more.

From there, the team created a shortlist of popular consumer brands. This year, they focused on businesses that sell products and services, so some of the big tech companies like Google and Meta were excluded from the 2022 ranking.

Next, the team used Google Ads API to extract search volume data for the shortlisted brands. They looked at a couple of things:

  • The monthly average of searches over the last 12 months for the brand name alone (e.g. “Nike”)
  • Brand name with the corresponding sector added to the keyword (“Nike clothing”), which helped offset the skew in search volume for generic terms like “Apple” or “Amazon”

They did this for every country in the world with data available. Here’s what they found.

While Netflix is the most frequently searched brand in the highest number of countries (92), Amazon takes the top spot when it comes to total search volume.

Here’s a look at the top five most search brands by average global monthly searches

Brand Average global monthly searches (March 2022) # Countries Most-Searched In
Amazon 335,400,000 42
Netflix 140,200,000 92
eBay 80,600,000 6
Walmart 76,100,000 2
IKEA 55,300,000 14

But a brand’s search popularity doesn’t necessarily reflect that the business is thriving. For instance, in April 2022, Netflix announced it had lost around 200,000 subscribers throughout Q1.

The week of the announcement, Netflix’s stock price dipped below $200—the lowest it had been since 2017.

Smartphones

Apple and its iPhone take the top spot when it comes to smartphone searches, which may be unsurprisingly considering the top five best-selling smartphones in 2021 were all iPhones.

It’s worth noting that the top five best-selling smartphones only capture a fraction of the overall smartphone market, and while iPhones are undeniably popular, they only make up 16.7% of worldwide smartphone sales.

Gaming

Epic Games, the creator and platform of Fortnite, maintains its status as the most searched-for gaming brand worldwide, with an average of 14.9 million global monthly searches.

No other gaming company came close to Epic Game’s search volume. For instance, Nintendo, which came in second place, only averaged 3.2 million searches a month.

However, Nintendo still managed to generate more than $16 billion in revenue throughout 2021, triple the gross revenue that Epic Games made the same year.

Fast Food

KFC was the most searched fast-food company in more than 83 countries, making it the most popular worldwide.

However, it’s worth noting that, while McDonald’s ranked first in fewer countries, it had a higher global monthly search average than its fried chicken competitor.

In 2021, KFC generated approximately $2.79 billion in global revenue, while McDonald’s brought in $23.2 billion.

Kerry Logistics Network Celebrates Seventh Win as Best 3PL Provider Named Best Logistics Service Provider – Air for the Sixth Time at 2022 AFLAS Awards

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HONG KONG SAR – Media OutReach – 8 September 2022 – Kerry Logistics Network Limited (‘Kerry Logistics Network’; Stock Code 0636.HK) is delighted to be recognised again for its service excellence and named the Best 3PL Provider for the seventh time in a row, as well as awarded for Best Logistics Service Provider – Air at the 2022 Asian Freight, Logistics and Supply Chain Awards (‘AFLAS Awards’) for the sixth time in Hong Kong last night.

William Ma, Group Managing Director of Kerry Logistics Network, said, “We are proud to receive the two awards again this year. At Kerry Logistics Network, operational efficiency is in our DNA and we are committed to the success of our customers. The awards are testimony to our excellent operational strength and efforts to provide innovative and highly customised solutions to meet customer needs in uncertain times. I would like to dedicate these awards to the entire team who had worked tirelessly across all major gateways to keep cargo on the move for our customers.”

Kerry Logistics Network has been the holder of the AFLAS Awards Best 3PL Provider title since 2016. Despite ongoing global supply chain disruptions, Kerry Logistics Network has reacted quickly and enabled its customers to adopt new and different supply chain strategies and solutions in response to new business and operational needs by leveraging its strong Asia-based position and comprehensive logistics solutions. Currently, Kerry Logistics Network is providing end-to-end supply chain solutions to over 40 Interbrand global top 100 brands and a number of Fortune 500 companies, as well as cross-border e-commerce logistics services and cost-effective last-mile fulfilment to e-tailers.

Having received the Best Logistics Service Provider – Air award from the AFLAS Awards five times previously, Kerry Logistics Network is constantly expanding its air freight capabilities. It launched a new Trans-Pacific air freight service named Kerry Freight Controlled Network (KCN) in 2021, which connects multiple Asian locations to the USA to capture the heightened growth in the pandemic-hit air freight market, providing guaranteed and reliable service to its customers. At present, the service includes three weekly flights originating from Hanoi, Vietnam and four charter flights a week from Hong Kong to Huntsville, USA.

Hosted by Asia Cargo News, the AFLAS Awards are designed to honour leading service providers including air and shipping lines; airports and seaports; and logistics and 3PLs for demonstrating leadership as well as consistency in service quality, innovation, customer-relationship management and reliability. The results were voted by freight and logistics companies and their customers from the Asia-Pacific who have business internationally.

Hashtag: #KerryLogisticsNetwork

The issuer is solely responsible for the content of this announcement.

About Kerry Logistics Network Limited (Stock Code 0636.HK)

Kerry Logistics Network is an Asia-based, global 3PL with a highly diversified business portfolio and the strongest coverage in Asia. It offers a broad range of supply chain solutions from integrated logistics, international freight forwarding (air, ocean, road, rail and multimodal), industrial project logistics, to cross-border e-commerce, last-mile fulfilment and infrastructure investment.

With a global presence across 59 countries and territories, Kerry Logistics Network has established a solid foothold in half of the world’s emerging markets. Its diverse infrastructure, extensive coverage in international gateways and local expertise span across the Mainland of China, India, Southeast Asia, the CIS, Middle East, LATAM and other locations.

Kerry Logistics Network generated a revenue of over HK$81 billion in 2021 and is the largest international logistics company listed on the Hong Kong Stock Exchange.

About the Asian Freight, Logistics and Supply Chain Awards
Established by the air freight, sea freight and logistics publication Asia Cargo News in 1986, the annual Asian Freight, Logistics and Supply Chain Awards recognise excellence in service providers in the freight and logistics industry. The winners were nominated and voted by readers and e-news subscribers of Asia Cargo News, making the results the opinion of service users.

Nigeria, Binance In Talks For Digital City To Develop Blockchain

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Nigeria, Binance In Talks For Digital City To Develop Blockchain

Nigerian authorities and cryptocurrencies platform Binance Holdings Ltd. are in talks to establish a digital economic zone that will help entrepreneurs fast track blockchain technology in the West African nation.

PROJECT21st: Play Further! Videos Launch

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An Online Contemporary Music Showcase

Watch Play Further Trailer: www.youtube.com/watch?v=8OLGSCoewic

HONG KONG SAR – Media OutReach – 8 September 2022 – ‘To play is to appreciate, learn and explore’

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