More than 80% of adolescents worldwide don’t get enough exercise, putting health at risk – WHO

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More than 80% of adolescents worldwide don’t get enough exercise, putting health at risk – WHO

The first-ever global trends for adolescent insufficient physical activity show that urgent action is needed to increase physical activity levels in girls and boys aged 11 to 17 years. The study, published in The Lancet Child & Adolescent Health journal and produced by researchers from the World Health Organization (WHO), finds that more than 80% of school-going adolescents globally did not meet current recommendations of at least one hour of physical activity per day – including 85% of girls and 78% of boys.

The study – which is based on data reported by 1.6 million 11 to 17-year-old students – finds that across all 146 countries studied between 2001-2016 girls were less active than boys in all but four (Tonga, Samoa, Afghanistan and Zambia).

The difference in the proportion of boys and girls meeting the recommendations was greater than 10 percentage points in almost one in three countries in 2016 (29%, 43 of 146 countries), with the biggest gaps seen in the United States of America and Ireland (more than 15 percentage points). Most countries in the study (73%, 107 of 146) saw this gender gap widen between 2001-2016.

Young people’s health compromised by insufficient physical activity

The authors say that levels of insufficient physical activity in adolescents continue to be extremely high, compromising their current and future health. “Urgent policy action to increase physical activity is needed now, particularly to promote and retain girls’ participation in physical activity,” says study author Dr Regina Guthold, WHO.

The health benefits of a physically active lifestyle during adolescence include improved cardiorespiratory and muscular fitness, bone and cardiometabolic health, and positive effects on weight. There is also growing evidence that physical activity has a positive impact on cognitive development and socializing. Current evidence suggests that many of these benefits continue into adulthood.

To achieve these benefits, the WHO recommends for adolescents to do moderate or vigorous physical activity for an hour or more each day.

The authors estimated how many 11- to 17-year-olds do not meet this recommendation by analysing data collected through school-based surveys on physical activity levels. The assessment included all types of physical activity, such as time spent in active play, recreation and sports, active domestic chores, walking and cycling or other types of active transportation, physical education and planned exercise.

To improve levels of physical activity among adolescents, the study recommends that:

  • Urgent scaling up is needed of known effective policies and programmes to increase physical activity in adolescents;
  • Multisectoral action is needed to offer opportunities for young people to be active, involving education, urban planning, road safety and others;

The highest levels of society, including national, city and local leaders, should promote the importance of physical activity for the health and well-being of all people, including adolescents.

“The study highlights that young people have the right to play and should be provided with the opportunities to realise their right to physical and mental health and wellbeing,” says co-author Dr Fiona Bull, WHO. “Strong political will and action can address the fact that four in every five adolescents do not experience the enjoyment and social, physical, and mental health benefits of regular physical activity.  Policymakers and stakeholders should be encouraged to act now for the health of this and future young generations.”

Physical activity trends show slight improvement for boys, none for girls

The new study estimated for the first time how trends changed between 2001-2016 – applying the trends from 73 countries who did repeat surveys during that period to all 146 countries.

Globally, the prevalence of insufficient physical activity slightly decreased in boys between 2001 and 2016 (from 80% to 78%), but there was no change over time in girls (remaining around 85%).

The countries showing the greatest decreases in boys being insufficiently active were Bangladesh (from 73% to 63%), Singapore (78% to 70%), Thailand (78% to 70%), Benin (79% to 71%), Ireland (71% to 64%), and the USA (71% to 64%). However, among girls, changes were small, ranging from a 2 percentage-point decrease in Singapore (85% to 83%) to a 1 percentage-point increase in Afghanistan (87% to 88%).

The authors note that if these trends continue, the global target of a 15% relative reduction in insufficient physical activity – which would lead to a global prevalence of less than 70% by 2030 – will not be achieved. This target was agreed to by all countries at the World Health Assembly in 2018.

In 2016, Philippines was the country with the highest prevalence of insufficient activity among boys (93%), whereas South Korea showed highest levels among girls (97%) and both genders combined (94%). Bangladesh was the country with the lowest prevalence of insufficient physical activity among boys, girls, and both genders combined (63%, 69% and 66%, respectively).

Some of the lowest levels of insufficient activity in boys were found in Bangladesh, India and the USA. The authors note that the lower levels of insufficient physical activity in Bangladesh and India (where 63% and 72% of boys were insufficiently active in 2016, respectively) may be explained by the strong focus on national sports like cricket. However, the US rates (64%) may be driven by good physical education in schools, pervasive media coverage of sports, and good availability of sports clubs (such as ice hockey, American football, basketball, or baseball).

For girls, the lowest levels of insufficient activity were seen in Bangladesh and India, and are potentially explained by societal factors, such as increased domestic chores in the home for girls.

Insufficient activity among adolescents a major concern

“The trend of girls being less active than boys is concerning,” said study co-author Dr Leanne Riley, WHO. “More opportunities to meet the needs and interests of girls are needed to attract and sustain their participation in physical activity through adolescence and into adulthood.”

To increase physical activity for young people, governments need to identify and address the many causes and inequities – social, economic, cultural, technological, and environmental – that can perpetuate the differences between boys and girls, the authors said.

“Countries must develop or update their policies and allocate the necessary resources to increase physical activity,” says Dr Bull. “Policies should increase all forms of physical activity, including through physical education that develops physical literacy, more sports, active play and recreation opportunities – as well as providing safe environments so young people can walk and cycle independently. Comprehensive action requires engagement with multiple sectors and stakeholders, including schools, families, sport and recreation providers, urban planners, and city and community leaders.”

Ignoring the health of people in prisons now comes at a high cost for society later – WHO Report

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Ignoring the health of people in prisons now comes at a high cost for society later – WHO Report

The “WHO status report on prison health in the WHO European Region” presents an analysis of data collected on the health status of people in prison and prison health systems for 39 countries in the Region. The WHO survey collected data from the Member States between 2016 and 2017 to enable monitoring and surveillance of health in prisons.

The report reveals that the general state of monitoring and surveillance systems for health in prisons is poor. This affects the development of evidence-based policies that effectively target the needs of the prison population.

“We only have data from 39 countries, but the data that we have indicate an enormous difference in the general health of people in prison compared to those in the outside world. Collecting this data is essential to enable the integration of prison health policies into the broader public health agenda benefiting the entire society,” says Dr Carina Ferreira-Borges, Programme Manager for Alcohol and Illicit Drugs at the WHO Regional Office for Europe.

From prison release to the community

An estimated 6 million people are incarcerated each year in the Region. After release, rates of reoffending and returning to prison are high. The report points out that this cycle between prison and community often leads to disjointed and ineffective health care outside of prison.

During the early days of a person’s release, the risk of suicide, self-harm and drug overdose is increased. This means that the continuity of care during this transition is critical. Gaps in care during this period have significant negative public health implications and can constrain a country’s ability to address inequalities.

“A large proportion of people in prison return to the community every year, so viewing prison as a setting for public health opens an opportunity for public health actions and for improving health literacy to support and protect vulnerable populations,” says Dr Bente Mikkelsen, Director of the Division of Noncommunicable Diseases and Promoting Health through the Life-course at the WHO Regional Office for Europe.

“A prison sentence takes away a person’s liberty; it should not also take away their health and their right to health,” she adds.

An opportunity for better health

Prisons and other places of detention have an opportunity to deliver preventive and risk-reduction interventions and treatments to a population that previously may have lacked or had limited access to health care and a healthy lifestyle.

According to the report, prisons must be seen as settings in which health interventions can address existing health conditions and contribute to positive lifestyles and behaviour changes. Time in prison can also be used to improve people’s skills to help them find a job after release and reintegrate into society.

“The prison population, with its disproportionate disease burden, is one that cannot be forgotten in WHO’s pursuit of the United Nations Sustainable Development Goals. To achieve universal health coverage and better health and well-being for all, as in WHO’s vision, it is vital that prisons are seen as a window of opportunity to change lifestyles and ensure that no one is left behind,” emphasizes Dr Mikkelsen.

Global leaders pledge US$2.6 billion to eradicate polio at the Reaching the Last Mile Forum in Abu Dhabi

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Global leaders pledge US$2.6 billion to eradicate polio at the Reaching the Last Mile Forum in Abu Dhabi

Countries and partners announce commitments to vaccinate 450 million children against polio each year and to overcome barriers to reaching every child

Today, global leaders convened at the Reaching the Last Mile (RLM) Forum in Abu Dhabi to affirm their commitment to eradicate polio and pledge US$2.6 billion as part of the first phase of the funding needed to implement the Global Polio Eradication Initiative’s Polio Endgame Strategy 2019-2023.

WHO/A.Khan

This pledging event comes on the heels of a major announcement last month that the world has eradicated two of the three wild poliovirus strains, leaving only wild poliovirus type 1 (WPV1) still in circulation. Additionally, Nigeria – the last country in Africa to have cases of wild polio – has not seen wild polio since 2016 and the entire WHO African region could be certified wild polio-free in 2020. Thanks to the dedicated efforts of health workers, governments, donors and partners, wild polio only circulates in two countries: Pakistan and Afghanistan.

“From supporting one of the world’s largest health workforces to reaching every last child with vaccines, the Global Polio Eradication Initiative is not only moving us closer to a polio-free world, it’s also building essential health infrastructure to address a range of other health needs,” said Dr Tedros Adhanom Ghebreyesus, Director-General of the World Health Organization and Chair of the Polio Oversight Board. “We are grateful for the generous pledges made today and thank governments, donors and partners for standing with us. In particular, I would like to thank His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi for hosting the GPEI pledging moment and for his long-term support for polio eradication.”

The commitments announced today come at a critical time for the polio eradication effort. Barriers to reaching every child – including inconsistent campaign quality, insecurity, conflict, massive mobile populations, and, in some instances, parental refusal to the vaccine – have led to ongoing transmission of the wild poliovirus in Pakistan and Afghanistan. Further, low immunity to the virus in parts of Africa and Asia where not all children are vaccinated has sparked outbreaks of a rare form of the virus. To surmount these obstacles and protect 450 million children from polio every year, governments and donors announced significant new financial commitments toward the $3.27 billion needed to support the Polio Endgame Strategy.

Pledges are from a diverse array of donors, including US$160 million from the host of the pledging moment His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi; countries, including US$215.92 million from the United States, US$160 million from the Islamic Republic of Pakistan, US$105.05 million from Germany, US$84.17 million from the Federal Government of Nigeria, US$10.83 million from Norway, US$10.29 million from Australia, US$7.4 million from Japan, US$2.22 million from Luxembourg, US$1.34 million from New Zealand, US$116,000 from Spain, and US$10,000 from Liechtenstein; GPEI partners, including US$1.08 billion from the Bill & Melinda Gates Foundation and US$150 million from Rotary International; philanthropic organizations, including US$50 million from Bloomberg Philanthropies, US$25 million from Dalio Philanthropies, US$15 million from the Tahir Foundation, US$6.4 million from the United Nations Foundation, US$2 million from Alwaleed Philanthropies, US$1 million from the Charina Endowment Fund, and US$1 million from Ningxia Yanbao Charity Foundation; and the private sector, including US$1 million from Ahmed Al Abdulla Group, US$1 million from Al Ansari Exchange, and US$340,000 from Kasta Technologies. Earlier this month, the United Kingdom announced it would contribute up to US$514.8 million to the GPEI.

“We are proud to host the GPEI pledging moment in Abu Dhabi and thank all the attendees for their continued commitment to the eradication of polio,” said Her Excellency Reem Al Hashimy, UAE Cabinet Member and Minister of State for International Cooperation. “Since launching in 2014, the Emirates Polio Campaign has delivered more than 430 million polio vaccines in some of the most remote areas of Pakistan.  We remain firm in our mission to reach every last child and believe together we can consign polio to the pages of history.”

In addition to overcoming barriers to reach every child, this funding will ensure the resources and infrastructure built by the GPEI can support other health needs today and in the future. Polio workers deliver Vitamin A supplements, provide other vaccines like those for measles and yellow fever, counsel new mothers on breastfeeding, and strengthen disease surveillance systems to anticipate and respond to outbreaks. As part of its commitment to advance gender equality and women’s empowerment, the GPEI is also working to ensure equal participation of women at all levels of the programme.

The future of polio eradication hinges on support and engagement at all levels of the programme – from individuals to communities to local and national governments to donors. If the strategies needed to reach and vaccinate children are fully implemented and funded, we are confident that we can deliver a world where no child lives in fear of polio.

Q3 2019 GDP: Trade needs a boost

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Q3 2019 GDP: Trade needs a boost

Now that the Q3 2019 GDP results have been released and show a growth of 2.28 %, the festering issue of the border closure has clearly had an effect on the numbers. But to what extent?

Dr Leena Hoffmann is an associate fellow at the Africa programme at Chatham House and a technical advisor on food security and agricultural policy to the Permanent Inter-State Committee for Drought Control in the Sahel. Her work on informal trade at the borders points to a significant impact on informal trade if a total closure of the border was to be enforced. The strong complementarity in basic staple foods, pastoral production bases and manufacturing between Nigerian and her neighbours that Dr Hoffmann observes means that an enforced closure of the border would have a material impact on the quality of life and poverty levels of those living in the border area and within the wider country. However, that is only to the extent that the border closure can be realistically enforced given the 4,047 km of land borders and 46 cross-border markets which Nigerian officials will have a hard time patrolling. But how about the formal trade as measured in the National Accounts?

The Trade sub-sector in the National Accounts is the second largest contributor to GDP where it makes up 15.23% of GDP, lower than the 16.08% of GDP it recorded in the last quarter. The Trade sub-sector, which is now in recession,  is the second-largest employer of labour, putting about 14% of Nigeria’s employed people to work after Agriculture’s contribution of 48%. Given the relative importance of Agriculture and Trade in the GDP and employment numbers, it is fair to say that a significant part of the “measured” national economy involves the production of crops and livestock and their distribution to demand centres for purchase and consumption. Measurement of the Trade component of the National Accounts does not involve segmenting domestic trade and international/export trade but some inferences can be drawn. Crude oil and gas exports make up about 30% of export GDP, leaving the remaining 70% to manufactured products and primary agricultural commodities. While a significant quantity of non-oil exports will leave by seaports, quite a bit leaves by the land borders as well. With the borders shut, the movement of these goods across the land borders become quite constrained. Likewise, traders who rely on imports across land borders to source goods for distribution within Nigeria are having a very difficult time.

The Trade sub-sector has suffered a significant decline in its fortunes recently with the FX policies of the last five years as well as inadequate transportation infrastructure which makes it difficult for investments to be sustained in the sector and for it to grow. After three-quarters of tepid growth of less than 1%, it finally slipped into another contraction in Q2 2019 for the third time in six cumulative quarters, recording growth of -0.25%. With the added pressure on the sector from the closure of the border, is no surprise that the growth of the sub-sector has been further constrained.

SB Morgen Intelligence

Q3 19 GDP: Financial services steps out of recession

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Q3 19 GDP: Financial services steps out of recession

Data released by NBS revealed the Nigerian economy expanded by 2.28% YoY for the third quarter of 2019, coming ahead of our estimate and revised Q2 19 number of 2.2% and 2.12% respectively. The improvement relative to the prior quarter stemmed largely from the sturdy output in services and recovery in the Agric sector from its downbeat levels. Relative to the prior year, services and Agric sectors spearheaded the growth with oil, manufacturing and construction sectors further supporting the growth picture. On a broad breakdown, both oil and non-oil expanded YoY by 6.5% and 1.8% respectively.

In the services sector, growth flatlined at 3.5% YoY anchored on ICT, financial services and transport sub-sectors. Growth in the ICT sector persisted this quarter, due to expansion in the subscriber base by 9.5% YoY to 177 million subscribers. The major positive for the services sector over Q3 19 is the exit of the financial services sub-sector from recession. Notably, we believe CBN‘s directive to DMBs to increase LDR to 65% supported activities in this space. Also, road transport was not left out, expanding by 20.2% YoY. However, the contraction in the real estate persisted for the second consecutive quarter, declining by 2.3% YoY. Elsewhere, the Agric sector recovered from the downbeat level, expanding by 2.3% YoY, a fallout of improved crop production borne out of the mitigated conflict in the northern region.

Furthermore, contrary to the dour activities seen in the first half of 2019, the manufacturing sector expanded by 1.1% YoY this quarter. Clearly increased output in the cement space stemming from improved capacity as well as a pick-up in food, beverage and tobacco supported growth in the sector. On the flipside, despite improved production in the overall economy and relative currency stability, activities in the trade sector (which accounts for 16% of economic output)  remains disappointing, contracting by 1.45% YoY.

On the other front, the oil sector expanded by 6.5% YoY, following improved crude oil production during the period. Crude oil production over the review period printed at 2.04mbpd (+5.2% higher than the prior-year), augmented by additional production from the Egina Oil field which resumed operations this year. Also, there was an upward revision to Q2 19 crude production to 2.02mbpd (Previously: 1.98mbpd).

For us, while the growth number is positive, we do not expect a significant reaction in the equities market given the current investor bias to the Nigerian market as a whole. However, we believe companies in the telecoms sector are key players to look out for over the rest of the year and 2020 as there might be some interest following the sector’s ability to deliver sturdy growth over the last 7 quarters. On that, we retain our growth forecast of 2.2% YoY over FY 19 with support from both oil and non-oil sectors.

ARM Securities Limited

South Africa’s rate decision: Giving priority to foreign investors

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South Africa’s rate decision: Giving priority to foreign investors

Recently, the South African Reserve Bank held its last monetary policy committee meeting for 2019, maintaining the status quo. Despite the widespread expectation of a rate cut, as inflation rate touched a nine-year low, at 3.7% in Oct-19, the MPC kept the country’s key policy rate at 6.5%. Accordingly, we highlight our opinion on this decision and share our outlook for 2020.

Currently, the South African economy is in a delicate position, stuck between igniting economic growth and limiting severe capital outflows. Earlier, the country escaped a downgrade in its credit rating to junk status from Moody’s, but its outlook was revised downward from stable to negative. Bearing the above in mind, we believe the decision to maintain the status quo and not join the global easing bandwagon, must have been spurred by the need to keep foreign investors happy. However, we believe a rate cut will have eased
borrowing costs and soften pressures on the country’s mounting debt.

Looking ahead into 2020, judging by the spread of the policy decision, with two out of five members choosing to cut, the outlook for monetary policy seems commingled but is pointing to an accommodative policy. However, the elephant in the room remains the need for extensive fiscal reforms on the power sector, which could ignite capital investments, and clear the dilemma that monetary policy is encumbered with.

United Capital Plc Research (UCR)

SMEDAN launches database portal to scale up MSMEs

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SMEDAN launches database portal to scale up MSMEs

Minister of State for Industry, Trade and Investment, Hajiya Mariam Yelwaji Katagum, has said the newly launched National MSMEs database will provide detailed information on the enterprises across the country.

Katagum was speaking in Abuja on Monday at the launch of the National MSMEs database and portal by the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN).

From left: Chief Operating Officer, Development Bank of Nigeria, Bonaventure Okhaimo; Minister of State, Ministry of Industry, Trade and Investment, Hajiya Maryam Katagum; Director-General, SMEDAN, Dr. Dikko Umaru Radda; Group Managing Director/CEO, Dun and Bradstreet, Rajesh Mirchandani; and Vice President, NASSI, Adeyemi Olayinka, at the presentation of Report and formal Launch of National MSME Database online portal in Abuja on Monday.

“Understanding that the absence of data is one of the biggest problems facing our country, particularly as regards purposeful and effective planning, SMEDAN has moved a step further by developing the National MSMEs database which seeks to provide more detailed information of the MSMEs.

“The first phase of the national database captured MSMEs in 2018 in commercially active states of Kano, Abia Lagos and Ogun. The harvested database from other states will gradually be uploaded into the national database portal as funds are made available,” she said.

She said the purpose of this National MSMEs database is to give a face and identity to a large number of MSMEs which, by the recent survey by SMEDAN and the NBS, is put at 41 million providing about 60 million jobs.

The National MSMEs database is expected to amongst others, guide in decision making, furnish stakeholders with vital MSMEs information such as listing sector by sector, location, products and services among others.

The DG of SMEDAN, Dr Umaru Dikko Radda, said for the agency’s programme to be impactful, it cannot rely on perceptions, hence the need to collate data of MSMEs across the country.

“The agency is paying attention to veritable data and the need to continuously update them, hence the need for this project and the portal we are launching today.

“Going forward, the agency intends to intensify effort in the area of business development services. Periodic evaluation of MSMEs who have benefited from loans and business support system and to do this effectively, we need data,” Dr Radda stated.

The GMD/CEO of Dun and Bradstreet, Rajesh Mirchandani who collated the data in this first phase, said the information they have been gathered will improve and scale up the ecosystem of MSMEs.

National Vice President of Nigerian Association of Small and Medium Enterprises (NASME), North Central, Engineer Auwal Ibrahim Bununu, asked SMEDAN to collaborate with the private sector to get more information on MSMEs in all sectors.

“We call for more collaboration on this laudable programme. Let them use some of us in the private sector as agents to reach SMEs in all the sectors,” Bununu said.

Streaming Platform Roku (ROKU.US) Q3 Revenue Exceeds Investors’ Expectations, TCL Electronics (01070.HK) is Roku’s Largest TV Partner in the US

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Streaming Platform Roku (ROKU.US) Q3 Revenue Exceeds Investors’ Expectations, TCL Electronics (01070.HK) is Roku’s Largest TV Partner in the US

SHENZHEN, CHINA – EQS Newswire –
22 November 2019 – Recently, Roku, the largest US streaming
platform, released its financial report for the third quarter of 2019. In the
third quarter, Roku’s revenue reached US$260.9 million, up by 50.5%
year-on-year.

 

Roku’s core operating
data continued to beat investors’ expectations. In particular, its platform
revenue achieved US$179.3 million with a year-on-year growth of 79% and its
proportion in total revenue increased by 11 percentage points to 69%. Operating
data shows that streaming hours increased by 900 million hours to 10.3 billion
hours, comparing to last quarter. Moreover, in the past 12 months, average
revenue per user (ARPU) was US$22.58, up by 30% year-on-year. In addition, the company
has active users of 32.3 million, a net addition of 1.7 million over last
quarter. Last but not least, the segment of video advertising generated double
revenue, over the corresponding period of last year. According to Roku, Roku TV
accounted for more than a third of the smart TVs sold in the US in the first
nine months of 2019.

 

Roku stock price up
11.52% from Nov 7 to Nov 15, since the company released its Q3 earnings after
the market close on Nov 6.

 

As learned, the main
reason for better than expected revenue and improved operating data of Roku was
attributable to the strategic partnership with TCL Electronics. TCL Electronics
is Roku’s largest TV partner in the United States. Sales volume of TCL Roku TV
accounted for 60% of the total Roku TV sales.    

 

Roku’s financial report
points out that TCL Electronics, Roku’s largest TV partner, started selling a
range of new models in North America this autumn. The TCL Roku TV 8 series,
which was recently launched by TCL Electronics in the US, is equipped with the
industry-leading 4K HDR and QLED technology and is the first Roku TV to use
mini-LED technology.

 

According to
third-party data, in the first three quarters of 2019, the sales volume of TCL
brand TVs ranked No.2 with a 16.5% market share in the US market, up by 3.3
percentage points year-on-year, while the market share of Samsung which ranking
No.1 decreased by 2.8 percentage points year-on-year from 22.3% to 19.5%.
Therefore, the gap between the market share of TCL brand TVs and of Samsung has
been significantly narrowed to 3 percentage points, compared with 9.1 percentage
points in the same period last year. Moreover, in March and July respectively,
TCL brand TVs surpassed Samsung and was No.1 in the US market in terms of sales
volume.

 

Recently, there are seven
TCL Roku TVs in the top 10 of Amazon’s best-selling TV ranking. In particular,
55-inch TCL TV ranked the first.

 

In August, TCL
Electronics announced that it generated HK$96.02 million from overseas Internet
business in the first half of 2019, which is a new segment revenue contributed
by the new partnerships with Roku, Google and other partners. The increase in
Roku’s total revenue in the first three quarters, would further boost TCL
Electronics’ revenue of overseas Internet business.

 

The third quarter
financial report of Roku states that the company is confident about its fourth
quarter performance, so it raised its full-year revenue and gross profit margin
forecast for FY2019. Roku raised the midpoint of revenue forecast to US$1.106
billion in FY2019, up by 49% year-on-year which is higher than its prior outlook
of 46% year-on-year. Given that TCL Electronics is Roku’s largest TV partner,
and TCL Electronics started to generate revenue from overseas Internet business
partners including Roku, Google, etc., the annual results of both Roku and TCL
Electronics would be worth looking forward to.

Boutir Limited Won The Asia Innovatif+ Startup of the Year Award at Penang

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Boutir Limited Won The Asia Innovatif+ Startup of the Year Award at Penang

PENANG, MALAYSIA – Media OutReach – 22 November 2019 – Boutir Limited, a leading social
mobile commerce solutions provider and multi-channel commerce platform from
Hong Kong, today announced it is honoured to have won The Asia Innovatif+
Startup of the Year Award at Penang which is endorsed and supported by the
Penang State government.

 

Eric Ng, Founder of Boutir said, “We are very pleased to win the
award this year and be recognized as startup pioneer with innovative ideas for
merchants to open businesses. It means a lot to Boutir Limited because it
reinforces that we are on the right track to provide a Simple, Mobile, Social
and Data way of open business that fits merchant needs nowadays.”

 

Thank you to everyone in Penang Malaysia for your support. We will
keep finding ways to improve and deliver the best service and solution to Hong
Kong and Malaysia merchants.

About Boutir Limited

Established in 2015, Boutir Limited is a social mobile commerce
solutions provider and multi-channel commerce platform for individuals and
corporate retailers to set up online stores and run a retail business through
mobile apps. Headquartered in Hong Kong, Boutir currently works with 62K+
merchants, 1M products and 700k+ monthly active consumers, and plans to expand
into Southeast Asia.

 

Website: https://www.boutir.com/

Facebook: https://www.facebook.com/boutir.my/

Hong Kong Maritime Week 2019 launched

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Hong Kong Maritime Week 2019 launched

HONG KONG, CHINA – Media OutReach – 22 November 2019 – The “Hong Kong
Maritime Week 2019” (HKMW 2019), a major annual event of the maritime and
port industries in Hong Kong, was launched on November 17 with the Opening Ceremony held November 18 , followed by the ‘Capital Link Hong Kong Maritime
Forum’.

(LEFT-4)The Chairman of the Hong Kong Maritime and Port Board and Secretary for Transport and Housing, Mr Frank Chan Fan, speaks at the Capital Link Hong Kong Maritime Forum. 


Thanks to the tremendous support received from the industry, the Hong Kong
Maritime and Port Board and the co-organisers, the Hong Kong Shipowners
Association and the Hong Kong Maritime Museum, Hong Kong Trade Development
Council and the Invest HK, kickstarted the fourth edition of the HKMW from
November 17 to 23 2019.

 

Officiating at the
opening ceremony of the HKMW 2019, the Chairman of the HKMPB and Secretary for
Transport and Housing, Mr Frank JP Chan Fan said that “The maritime industry
has been the pillar of Hong Kong’s economy and will continue to be. With the
rapidly changing environment and the new regulations, the Hong Kong Maritime
industry will have to adapt and grow alongside with it. The government will
support the industry’s drive towards innovation and technology so that Hong
Kong’s maritime industry can progress into the future. ”

 

Focusing on developing
the next generation of maritime leaders within the Hong Kong, Mr Chan
elaborated on the new opportunities and the support that the government has
been providing to the industry. This year’s edition of HKMW 2019 focuses on
bringing Hong Kong’s Maritime to the next step.

HKMW 2019 offers more than 45 activities organised by 50 local and
international maritime bodies. The activities cover eight themes, namely
shipping and maritime, maritime law and arbitration, ship finance, marine
insurance, ship management, marine technology, port and logistics, and maritime
education and career. Activities in different formats will be held along
the week long’s celebration of the maritime industry.

 

For more
details of HKMW 2019, please visit www.hkmw.hk.

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