Hong Kong Gifts, printing and packaging, and licensing events foster cross-industry opportunities

The Gifts & Premium Fair, Printing & Packaging Fair and debut DeLuxe PrintPack concluded successfully today, while the Licensing Show ended yesterday. The four trade fairs attracted over 60,000 buyers from 127 countries and regions for sourcing and procurement
Buyers from outside Hong Kong were mainly from Mainland China, Taiwan, the United States, Japan, and Korea
A survey showed 60% of respondents believed overall sales would increase in the next 12 to 24 months

HONG KONG, Apr 30, 2024 – (ACN Newswire) – The Hong Kong Gifts & Premium Fair, Hong Kong International Printing & Packaging Fair and inaugural DeLuxe PrintPack Hong Kong concluded successfully today, while the Hong Kong International Licensing Show (HKILS), ended yesterday. The four trade fairs collectively attracted over 60,000 buyers from 127 countries and regions. The Gifts & Premium Fair welcomed some 35,000 buyers, while the Printing & Packaging Fair and DeLuxe PrintPack fair drew over 10,000 buyers, and the HKILS had over 15,000. Buyers from outside Hong Kong were mainly from Mainland China, Taiwan, the United States, Japan and Korea, demonstrating active global participation in the April trade events. Concurrent with the HKILS, the Asian Licensing Conference (ALC) invited nearly 30 international industry experts to share insights on global licensing trends and growth drivers. The four trade fairs, along with the ALC, contribute to the promotion of Hong Kong’s cultural and creative industries and development of intellectual property trade.

Sophia Chong, Deputy Executive Director of the HKTDC, said: “The Gifts & Premium Fair, Printing & Packaging Fair, inaugural DeLuxe PrintPack Hong Kong, and HKILS bring together creative industry professionals and licensing industry players, providing a platform for exchange and connecting potential partners. Under the national 14th Five Year Plan, Hong Kong serves as a centre for cultural promotion and exchange, with the goal of promoting Chinese culture overseas. This year’s Gifts & Premium Fair and HKILS feature rich cultural and creative content, with the participation of numerous cultural and creative communities from Mainland China, which has been well-received by buyers. Additionally, with the recent implementation of the plastic-free policy in Hong Kong from last week, the Printing & Packaging Fair and inaugural DeLuxe PrintPack have attracted many local buyers seeking eco-friendly packaging, creating more business opportunities for the industry.” She further emphasised that Hong Kong is a renowned global sourcing hub, and the April trade shows gather industry people from traditional markets such as Europe and the United States, as well as those from emerging markets such as Mainland China, ASEAN and the Middle East. With the HKTDC providing online and offline business matching platforms, the industry can seize golden opportunities in the April sourcing season.

60% anticipate increase in sales

During the Gifts & Premium Fair, the HKTDC commissioned an independent research agency to interview some 870 exhibitors and buyers. Of the respondents, 60% believed their overall sales figures would rise in the next 12 to 24 months while 38% consider rising demand from emerging markets as the biggest business opportunity this year, followed by recovering purchasing power from customers (33%) and business leads from e-tailing (30%). The greatest challenges identified were fluctuations of the global economy (49%), impact of inflation (34%) and exchange rate volatility (33%).

In terms of market expansion, the popular choices among respondents included Northern and Western Europe (27%), North America (27%), ASEAN (22%) and Japan (14%).

Respondents identified green, environmentally friendly (60%), chic and fashionable (40%) and high-tech (31%) as the three major gifts and premium market product-feature trends. The gift and premium items with the most growth potential were considered to be sustainable gifts (16%), figurines & decorations (16%) and toys & baby products (16%).

Market trends usher in cultural creative and eco-friendly products

Hong Kong is a leading sourcing hub for gifts, and exhibitors at the Gifts & Premium Fair are closely attuned to trends, incorporating cultural and creative designs. Marushin Sun Heart (HK) Limited has introduced uniquely designed small bags and pouches in the shape of food items which are popular in Europe and the United States. The exhibitor joined the Gifts & Premium Fair in order to bring these popular bags into Asian markets and the result exceeded expectations. Shoko Kodama, Board Director, Marushin Co., Ltd., said: “At the fair, we have transformed our booth into a supermarket and attracted a lot of new buyers, 70% of whom come from Europe and the United States and the remainder from Southeast Asia. Their responses are very positive. So far, we have found 20 to 30 potential distributors. Some of our existing distributors have already placed on-the-spot orders worth a total of US$50,000 on the first day. We expect our on-site orders will amount to US$200,000.”

In addition, a Jingdezhen porcelain manufacturer joined the Gifts & Premium Fair for the first time to promote handcrafted and unique porcelain artworks. Their products have garnered appreciation among collectors from Hong Kong, Indonesia and Singapore.

Hong Kong-based Printing and Packaging Fair exhibitor Zune Asia Ltd has operated in Hong Kong for over 20 years and now focuses on developing markets in Mainland China and Hong Kong. Area Manager Alex Cheung said: “We are a branch of a Swiss cutting company and have joined this fair for more than 10 years. On the fair’s second day, we already met close to 30 buyers from Mainland China, Taiwan, Japan, Korea and India. We estimate to generate sales revenue of HK$5 million (US$640,000) to $6 million during the fair. We also reconnected with two past customers at the fair.” The returned Korea Pavilion also received positive responses, Jae Hyoung Kim, Manager of Sangil Eco & Paper Bag Co., Ltd, an exhibitor offering sustainable products and solutions, successfully connected to four potential buyers from large-scale stores based in Chile, Mainland China and Europe.

The inaugural DeLuxe PrintPack Hong Kong brings together a wider range of luxury packaging options for buyers. Curtis Chan, Founder of Hong Kong-based Merit Ideas International Limited, said: “We were very pleased that we made contact with 20 to 30 new buyers on the first day. We have also connected with five different buyers from packaging companies in Mexico, Lotte Group in Korea, Isabelle Food Company in Taiwan, and a jewellery company in Mainland China through the Click2Match platform. We expect to secure orders worth HK$200,000 (US$26,000) to $300,000 during the fair.”

One-stop trade platform enhances synergy

On the buyer side, Pierre Lombard, Marketing Executive of Verimark (Pty) Ltd, a direct marketing company in South Africa, said: “I have found at Gifts Fair 14 potential suppliers which have their own factories, and I’ll close deals valued at US$150,000 with two toy factories. I am happy to see new and innovative designs for smart watches, body massage guns, home fitness equipment and microfibre bath towels. I will place orders later.” Another buyer from the United States, Connie Tsang from Time Products International, highlighted that the product sustainability and practicality are key market trends. Through Click2Match, she connected with several eco-friendly product suppliers and will be finalising a deal with an Indian supplier to purchase environmentally friendly bags worth US$10,000.

Quan Luong Le, CEO and Founder of Nam Xanh Joint Stock Company, a buyer from Vietnam, found many suppliers at the Printing & Packaging Fair and DeLuxe PrintPack fair. He said: “We are looking for some long-term suppliers and we met 15 on the first day, who are mainly from Mainland China including Guangdong, Shenzhen and Xuzhou. We will shortlist three to four suppliers, and place orders of 5,000 to 10,000 units of ribbons, glass bottles and gift boxes initially, roughly amounting to US$40,000 to $50,000.” Another buyer, Martin Dusanek, Managing Director of Dekos Packaging Solutions in Czech Republic, said: “Our main focus was on sourcing green and high-end custom packaging products, and I successfully met potential suppliers from Mainland China and Korea. The estimated total value of the packaging procurement is US$50,000.”

Under the EXHIBITION+ model, the four trade fairs integrate offline and online elements. Apart from taking part in the physical fairs, buyers can continue networking through the Click2Match smart business-matching platform.

The Hong Kong Gifts & Premium Fair, organised by the HKTDC, took place from 27 to 30 April at the Hong Kong Convention and Exhibition Centre (HKCEC). Concurrently, the HKTDC and CIEC Exhibition Company (Hong Kong) Limited held the Hong Kong International Printing & Packaging Fair and the inaugural DeLuxe PrintPack Hong Kong at the AsiaWorld-Expo. Additionally, the HKILS and ALC were held from 27 to 29 April at the HKCEC.

Photos download: https://bit.ly/4aVqr2f

The Hong Kong Gifts & Premium Fair, Hong Kong International Printing & Packaging Fair and debut DeLuxe PrintPack Hong Kong concluded successfully today, while the Hong Kong International Licensing Show (HKILS) ended yesterday. These four trade shows collectively attracted buyers from 127 countries and regions, with over 60,000 buyers attending.

Algernon Yau (centre), Secretary for Commerce and Economic Development of the Hong Kong Special Administrative Region (HKSAR) Government; Jeffrey Lam (second from left), Chairman of the Home InStyle and Hong Kong Gifts & Premium Fair Organising Committee; Sophia Chong (second from right), Deputy Executive Director of the HKTDC; Eric Sun (left), Chairman of the Hong Kong Exporters’ Association and Cherrie Chong (right), President of the Innovative Entrepreneur Association attended the joint networking reception of the Hong Kong Gifts & Premium Fair and the Hong Kong International Licensing Show at the opening for the 39th Hong Kong Gifts & Premium Fair and the 21st Hong Kong International Licensing Show.

Sophia Chong (centre), Deputy Executive Director, HKTDC; Guan-nan Wang (second from left), Chief Representative, China Council for the Promotion of International Trade, China Chamber of International Commerce Representative Office in Hong Kong; Jackson Leung (second from right), Chairman, Hong Kong Printers Association; Tak Fai Chan (left), Chairman, Hong Kong Digital Printing Association; and Alex King (right), Honorary Secretary, The Graphic Arts Association of Hong Kong attended the joint networking reception of the 19th Hong Kong International Printing & Packaging Fair and the inaugural DeLuxe PrintPack Hong Kong.

Algernon Yau (fifth from right), Secretary for Commerce and Economic Development of the HKSAR Government; Jeffrey Lam (fifth from left), Chairman of the Home InStyle and HKTDC Hong Kong Gifts & Premium Fair Organising Committee; and Sophia Chong (fourth from right), Deputy Executive Director of the HKTDC took photos with guests and licensed cartoon characters.

April is peak procurement season and exhibitions play a vital role in the mega events economy. On the first day of the fairs, the Hong Kong Tourism Board cordially arranged the Dukling Evening Harbour Cruise Tour for fairs’ overseas buyers and media to enjoy the beautiful skyline of Victoria Harbour, narrating the Hong Kong story through its dazzling night scenery. Pictured before the departure of the Dukling were Algernon Yau (third from right), Secretary for Commerce and Economic Development of the HKSAR Government; Jeffrey Lam (third from left), Chairman of the Home InStyle and Hong Kong Gifts & Premium Fair Organising Committee; Dane Cheng (second from right), Executive Director of the Hong Kong Tourism Board, Sophia Chong (second from left), Deputy Executive Director of the HKTDC and Kenneth Wong (right), General Manager of MICE and Cruise, Hong Kong Tourism Board, along with the participants.

The Gifts & Premium Fair featured a dedicated Cultural & Creative Corner, showcasing over 30 exhibitors. A notable element was the Chinese Gifts Themed Exhibition, which was part of the 2024 National Cultural and Tourism IP Authorisation Series Activities under the guidance of the national Ministry of Culture and Tourism.

At the Gifts & Premium Fair, the DesignInspire in Motion Branding and Design Zone at the Hall of Fine Designs featured 15 Hong Kong companies, emphasising their expertise in providing professional design services, offering innovative solutions and design management strategies that can serve local as well as international clientele.

The debut DeLuxe PrintPack featured a variety of printing and packaging products and solutions for luxury goods covering cosmetics, wine, jewellery and watches.

The Korea Pavilion returned to the Printing & Packaging Fair, showcasing various hot printing and packaging technologies, as well as environmentally friendly packaging solutions.

The HKTDC and the Graphic Arts Association of Hong Kong jointly organised the 35th Hong Kong Print Awards Kick-off Ceremony at the Printing & Packaging Fair, aiming to stimulate industry development and inject new vitality into the printing industry.

Website
Hong Kong Gifts & Premium Fair: https://www.hktdc.com/event/hkgiftspremiumfair/en
Hong Kong International Printing & Packaging Fair: https://www.hktdc.com/event/hkprintpackfair/en
DeLuxe PrintPack Hong Kong: https://www.hktdc.com/event/deluxeprintpackhk/en
Hong Kong International Licensing Show and Asian Licensing Conference: https://www.hktdc.com/event/hklicensingshow/en

Media enquiries
Please contact the HKTDC’s Communications & Public Affairs Department:
HK Gifts & Premium Fair, HK International Printing & Packaging Fair and DeLuxe PrintPack Hong Kong
Clementine Cheung, Tel: (852) 2584 4272, Email: clementine.hm.cheung@hktdc.org

HK International Licensing Show and Asian Licensing Conference
Katy Wong, Tel: (852) 2584 4524, Email: katy.ky.wong@hktdc.org

HKTDC Media Room: https://mediaroom.hktdc.com/en

To view press releases in Chinese, please visit http://mediaroom.hktdc.com/tc

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn

DCCI fortifies stance for Malaysia’s greatest show: Wins support from key government organisations

KUALA LUMPUR, Apr 30, 2024 – (ACN Newswire) – The country’s most remarkable datacentre and cloud event, Datacentre & Cloud Infrastructure Summit (DCCI) is geared up for its return to Malaysia for its third annual edition on 14-15 May 2024.

While DCCI applauds the implementation of diverse government-led initiatives that are vital for upgrading the technology sector and boosting the digital economy, key government entities too have realized the pivotal nature of the event platform.

MDEC, MIDA, NACSA, Malaysia Centre4IR, which is hosted by MyDIGITAL Corporation, CyberSecurity Malaysia, and PLANMalaysia, have taken bold strides and allied with DCCI to address the tech sector’s most compelling matters through the summit. They will also be seen taking active participation in getting the best recognition for the platform and giving key inputs for program development.

Ts. Mahadhir Aziz, the CEO of MDEC said, “MDEC is thrilled to collaborate with DCCI as a Strategic Partner, advancing Malaysia’s digital infrastructure landscape and fostering industry collaboration within the datacentre and cloud industry. This aligns seamlessly with the Malaysia Digital (MD) national strategic initiative and further reinforces our vision to position Malaysia as the digital hub of ASEAN. Through significant global cooperation and partnerships with tech ecosystem enablers, MDEC is intensifying efforts to accelerate digital upliftment in the rapidly evolving digital economy.”

The 2-day event will go live at the heart of Malaysia’s capital, Kuala Lumpur Convention Centre (KLCC), and host 500+ datacentre & cloud professionals from 200+ leading public and private enterprises across Malaysia. Furthermore, the platform has already confirmed participations from some stellar thought leaders including Ts. Mahadhir Aziz (Chief Executive Officer, Malaysia Digital Economy Corporation (MDEC)), Datuk Ts. Dr. Mohd Nor Azman Hassan (Deputy Secretary General (Technology Development), Ministry of Science, Technology and Innovation), Ping Ngang Chee (Director of Research and Development Division, PLANMalaysia), Datuk Ts. Dr. Mohamed Sulaiman Sultan Suhaibuddeen (Chief Network Security Officer, Malaysian Communications and Multimedia Commission (MCMC)), and many others who will impart the latest industry insights.

Credence CEO from TM Digital Innovation Sdn Bhd, Mohamad Rejab Bin Sulaiman expressed his organisation’s expectations from the platform, he said, “At Credence, we proactively champion ways to unlock the full potential of cloud technologies to shape it to our ever-changing needs and support sustainable socio-development growth. DCCI is the destination for insights, showcase of digital innovations and networking experience to support Malaysia’s digital transformation collectively.”

DCCI will initiate dialogue on some crucial industry topics like ‘Green Datacentres’, ‘The Symbiosis of Datacentres and 5G’, ‘Edge Computing Infrastructure’, ‘Embracing a Cloud-First Approach’, ‘Hybrid Cloud Infrastructure’, ‘Adopting Cloud Automation Solutions to Enhance Business Operations’, ‘Datacentre Cooling’ and many others.

Considering the response so far, it will only be fair to say that the delegates attending the summit will be totally spoilt for choice while deciding the most befitting datacentre or cloud vendor for their organisations. Few names from the list of solution providers who will be putting a grand show at the exhibition hall include Cloudflare, CETM, Fluke and others.

In a statement issued, post-confirming Cloudflare’s participation at the summit, Ben Munroe, Sr. Marketing Director, APJC, Cloudflare, said, “We are delighted to participate in this year’s Datacentre & Cloud Infrastructure Summit (DCCI) in Malaysia. At Cloudflare, we look forward to working with our various partners and stakeholders in Malaysia to help businesses leverage the cloud as part of their digital transformation, while ensuring they prioritise cybersecurity at every step of the way.”

For Sudhir Ranjan Jena, the organizer and CEO of Tradepass, the platform is yet another feat towards moving the whole gamut of discussions around the country’s datacentre & cloud landscape to reality. He expressed, “Datacentre & Cloud Infrastructure Summit (DCCI) is on a mission to create a legacy in Malaysia’s technology realm. We work with market leaders and the top players to support Malaysia’s dynamic digital transformation journey, the likes the country has never seen before. As we usher in a new era of datacentres & cloud technologies, an inclusive platform such as DCCI will bring diverse stakeholders closer, all the while doing wonders for the digital economy.”

About Tradepass

Providing access to the global emerging markets, Tradepass brings together people, products and solutions to power events for unparalleled business and networking opportunities. Being the most accredited event company, it helps organizations: enter new markets, grow sales pipeline, close prospects, raise capital and identify the right solution-providers.

As a deal facilitator, Tradepass is always determined about exposing the most agile liquid growth markets, to enable all-round scalability and growth.

For more information about the event, log on to:
https://malaysia.dccisummit.com/

Media contact:
Shrinkhal Sharad
PR & Communication Lead
shrinkhals@tradepassglobal.com
+ (91) 80 6166 4401
Tradepass

SMEStreet Celebrates 10 Years of Serving Indian MSMEs

NEW DELHI, Apr 30, 2024 – (ACN Newswire) – As SMEStreet marks its 10th-year milestone, we reflect on a journey filled with remarkable achievements, unwavering dedication, and countless moments of inspiration. What began as a vision a decade ago has blossomed into a thriving community, serving as a beacon of empowerment for small and medium enterprises across the globe.

Over the past ten years, the platform witnessed the transformative power of entrepreneurship, small businesses’ resilience, and innovation’s impact on economic growth. “Through our platform, we’ve championed the voices of SMEs, providing them with invaluable insights, resources, and networking opportunities to navigate challenges and seize opportunities in an ever-evolving business landscape,” commented Faiz Askari, Founder of SMEStreet.

“As we commemorate this significant milestone, we extend our heartfelt gratitude to our loyal readers, partners, contributors, and supporters who have been instrumental in our journey,” he says, “At this juncture, we at SMEStreet are set to focus on resolving real Business challenges like Access to capital, access to technology, business development and business impact.”

Over these last 10 years, SMEStreet have also transformed into a stronger MSME ecosystem from being born as a simple media interface. Recently, we started SMEStreet Membership Offerings and have established collaborations with experts and service providers who are working in their respective streams of enabling the MSME ecosystem.

Top Milestones of SMEStreet’s MSME Engagement

Total Unique MSMEs Connects – 1.2 Million (12 Lakhs Plus)Monthly Unique Readers – Over 3 Lakhs Weekly Active Readers – 1,00,000 (Approx)SMEStreet Newsletter Subscribers – 4.6 Lakhs Social Media Followers (including Facebook /Instagram/ Linkedln /Youtube ) – 1,64,155 Ek Nayi Udaan – SMEStreet-DealPlexus Collaboration

A few months ago, SMEStreet announced a strategic collaboration with DealPlexus to deliver services that are designed to solve MSME needs for growth such as access to finance, management of finance, Business insurance and several other services that can ensure ease of doing business for any entrepreneur. “We are thrilled to formulate this groundbreaking collaboration between SMEStreet and DealPlexus, which is designed to help MSME/SME entrepreneurs to continue their chase for business growth and profitability. This collaboration shows our commitment of empowering businesses and fostering growth opportunities,” said CA Deepak Maheshwari, Co-Founder of DealPlexus. This collaboration is announced as ‘Ek Nayi Udaan’ where SMEs can explore a wide array of strategic partnerships, investment opportunities, and business synergies.

“This collaboration is aimed to create a dynamic MSME ecosystem with diverse capabilities to serve the MSME sector. We at SMEStreet are working towards completing a comprehensive coverage of business-oriented services. Our collaboration with DealPlexus is clear evidence of creating a comprehensive MSME ecosystem. From just content sharing, we have evolved as a Pro -MSME Ecosystem- committed to enhancing the MSMEs’ growth,” says Faiz Askari of SMEStreet.

On the occasion of the 10-year milestone, SMEStreet is excited to announce the expansion of SMEStreet’s engagement and services for the MSME sector.

The 2024 & Beyond Journey

From 2024 onwards the platform is shaping up as a more dynamic, more engaging services provider for MSMEs who wishes to grow to the next level.

Last 15 years in India have witnessed a great upsurge of MSMEs. This sector have taken a strong and visible space in the policymaking. This phenomenon of Indian economic growth is leading towards a global success story, and SMEStreet would like to contribute in the form of catalyzing MSMEs’ contribution in India’s development story.

Looking ahead, while entering into the next decade of innovation, growth, and success, “SMEStreet will remain committed to the mission of empowering SMEs, fostering collaboration, and driving sustainable growth. Your unwavering support and trust have fueled our passion to continuously strive for excellence and drive positive change in the MSME ecosystem,” Mr Askari said.

Upcoming Events & Activities on 10th Year Anniversary

SMEStreet Team is working on organizing events and forums both in online and offline formats on various business-sensitive issues related to MSMEs.

About SMEStreet

With an urge to serve the much-needed service to the Indian SMEs, SMEStreet.in is created to become a dynamic knowledge-sharing platform for SMEs. A platform on which SMEs can not only expect valued content for their business growth but also network with experts who can guide them to achieve growth.

As part of Vertical Business Media Pvt. Ltd. SMEStreet.in is an initiative dedicated to contributing to Indian MSMEs’ growth.

SMEStreet @ Social Media
Facebook
Youtube
Linkedin
Instagram

Media contact:
Tabinda Hilal Askari
9871762630
Rajat Khare
marketing@smestreet.in

Tex Cycle Partners with Evolusi Bersatu to Launch Sabah’s First Integrated Scheduled Waste Management Facility

KOTA KINABALU, Malaysia, Apr 29, 2024 – (ACN Newswire) – Tex Cycle Technology (M) Berhad (“Tex Cycle” or the “Group”), an established waste management and recycling solutions provider, is pleased to announce the wholly-owned subsidiary of the Group, Tex Cycle Sdn. Bhd. (“TCSB”) has partnered with Evolusi Bersatu Sdn Bhd (“Evolusi Bersatu”) to launch Sabah’s first integrated scheduled waste management facility.

From L-R
1. Ms. Geraldine Hii Siaw Wei, Executive Director Tex Evolusi Waste Management Sdn Bhd & Group CFO Of Tex Cycle TECHNOLOGY (M) BERHAD
2. Mr Lee Hai Peng, Executive Director Tex Cycle Technology (M) Berhad
3. Datuk Keh Chuan Seng, Executive Chairman Tex Cycle Technology (M) Berhad
4. Haji Muhamad Bin Haji Tolling, Managing Director Of Tex Evolusi Waste Management Sdn Bhd
5. YB Datuk Phoong Jin Zhe, Minister of Industrial Development and Entrepreneurship (representing YAB Datuk Seri Panglima Haji Hajiji Bin Haji Noor, Chief Minister of Sabah)
6. Ybhg Datuk Seri Chiau Beng Teik, Executive Chairman, Chin Hin Group Berhad
7. Ybhg Datuk Harun Bin Ismail, CEO, Sabah Oil & Gas Development Corporation (SOGDC)
8. Mr Terry Biusing, Director, OGSE & Corporate, SMJ Energy Sdn Bhd
9. Mr. Gary Dass, Executive Director Tex Evolusi Waste Management Sdn Bhd & Group CEO Of Tex Cycle Technology (M) Berhad

Tex Cycle Sdn Bhd, licensed by the Department of Environment Malaysia, specialises in sustainable solutions for scheduled waste management. The Company ensures compliance and sustainability through advanced recycling and recovery methods across multiple industries throughout Malaysia. Evolusi Bersatu, primarily involved in the oil and gas sector (onshore maintenance, modification, and construction) in Sabah, complements this landscape by offering its network and local expertise.

The official inauguration took place at the Hilton Hotel, Kota Kinabalu, in the presence of YAB Datuk Seri Panglima Haji Hajiji bin Haji Noor, Chief Minister of Sabah, highlighting the significance of this milestone in promoting environmental sustainability and economic growth in the region.

The new facility, developed by Tex Evolusi Waste Management Sdn Bhd (“JV”), a joint venture between Tex Cycle Sdn Bhd and Evolusi Bersatu Sdn Bhd, is designed to complement existing scheduled waste management providers. It prioritises a locally centered waste treatment process, aiming to reduce costs and emissions while ensuring legal compliance and environmental responsibility, as opposed to sending waste to Semenanjung for processing. Additionally, the facility is tailored to serve various industries and offers comprehensive waste management solutions, especially in the oil and gas sector.

“With the launch of this integrated scheduled waste management facility, we are promoting sustainable and responsible waste management. This initiative is a significant milestone in our commitment to protecting the environment and contributing to the well-being of our communities. It also aligns with Sabah’s broader efforts in creating over 150 job opportunities and conserving our natural resources. Through innovative approaches like the cradle-to-cradle concept and our advanced recovery and recycling technologies, we aim to maximise resource efficiency while minimizing environmental impact,” remarked Tuan Haji Muhamad bin Haji Tolling, Managing Director of Tex Evolusi Waste Management Sdn. Bhd.

Tex Evolusi Waste Management Sdn Bhd is excited to invest in this facility, which represents a substantial capital commitment of RM100.0 million, to usher in a new era for waste management in Sabah, which is expected to start construction in 2nd Half of 2024, and to be fully operational by Q4 2025. This significant investment underscores the company’s dedication to fostering industry development in the region while creating employment opportunities for skilled and semi-skilled workers. The facility’s innovative practices and advanced technologies are set to establish new benchmarks for waste management, paving the way for further exploration into other waste management areas, including municipal waste.

The facility’s overarching vision resonates with Sabah’s commitment to sustainable development goals, particularly in the realm of scheduled waste management. It is dedicated to mitigating environmental risks posed by scheduled waste and safeguarding the state’s pristine natural environment for future generations. Through proactive advocacy and strategic collaboration, the initiative aims to instill a culture of environmental responsibility specifically tailored to scheduled waste management practices across various industries operating in Sabah.

YAB Datuk Seri Panglima Haji Hajiji bin Haji Noor, the Chief Minister of Sabah, praised the launch of the integrated scheduled waste management facility, stating, “This facility represents a significant step in our journey towards a cleaner and more sustainable Sabah. By prioritising environmental, social, and governance (ESG) factors alongside economic growth, we are creating a pathway for a brighter, greener future for the state. This initiative not only aligns with our Sabah Maju Jaya vision, but it also supports our commitment to fostering sustainable practices across industries. We believe it will attract more foreign investors who share our ESG values.”

The successful establishment of this pioneering scheduled waste management facility owes much to the collaborative efforts of local governments and key stakeholders. Their invaluable contributions have been instrumental in bringing this project to fruition. Tex Evolusi Waste Management Sdn Bhd is fully committed to leveraging this success by further fostering partnerships and collaborations with stakeholders, with a primary aim of consolidating its position as a comprehensive waste management solution provider. Beyond its economic impact through job creation for skilled and semi-skilled workers, the facility also underscores a commitment to environmental stewardship by mitigating environmental risks.

CITIC Telecom CPC Garners Multiple Ecosystem Partners Awards Reinforces Collaborative Capabilities, Drives Breakthrough Innovation & Shares Sustainable Development Results

HONG KONG, Apr 29, 2024 – (ACN Newswire) – CITIC Telecom International CPC Limited (“CITIC Telecom CPC”), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883) is pleased to announce the winning of awards and accolades from multiple ecosystem partners in Q1 of 2024, recognizing CITIC Telecom CPC for its commitment to collaborate with diversified ecosystem partners to accelerate business development, drive joint development of innovative technologies, redefine transformative DICT solutions to lead the industry, deepen social innovation power and business transformation capabilities, and being the most trusted partner for ecosystem and enterprise customers.

In the past six months, CITIC Telecom CPC collaborated with different partners to launch several innovative services, which not only infused with AI to empower “Cloud, Network, Intelligence, Security” integrated platform but have also redefined information security service framework with the introduction of TrustCSI™ 3.0 groundbreaking cybersecurity solution, the next-gen Secure Access Service Edge (SASE) service and other new solutions, these solutions and services are widely recognized in the industry. The awards and accolades we have garnered from diverse ecosystem partners underscore the power of our strategic alliance. Through co-creation, sharing, and win-win strategies, we drive breakthrough performance with partners to lead high-quality development.

Ecosystem partners awards and accolades include:

Fortinet – Top Cybersecurity Mesh Partner 2023
Fortinet – Top Regional MSSP Partner 2023
Fortinet – Star Performer Award 2023 – Top Presales – Universal SASE
Fortinet – Star Performer Award 2023 – Product Management
H3C – 2023 Business Breakthrough Partner
Hillstone – Strategic Partner in Hong Kong & Macau

Mr. Jacky Kwok, Chief Commercial Officer of CITIC Telecom CPC, said, “We are honored to receive multiple ecosystem partners awards, demonstrating our deep professional knowledge and commitment to deliver robust DICT solutions. Our strategic global collaboration with Fortinet in particular has significantly strengthened our leading position in network security market, and has also empowered us to offer a wider range of solutions to effectively address the evolving customer needs across different regions. Together, we are actively collaborating with diverse ecosystem partners to push the boundaries of innovation, accelerate the development of the new digital economy, and deliver revolutionary products, technologies and exceptional value to our customers.”

Network security service provider Fortinet is one of the major partners of CITIC Telecom CPC. Under our global cooperative strategy, CITIC Telecom CPC has effectively strengthened its security service portfolio and has fostered the development of cybersecurity solution TrustCSI™ 3.0. The winning of 4 Fortinet awards has affirmed extraordinary performance of CITIC Telecom CPC in network security in 2023. TrustCSI™ 3.0 is a flagship network security solution of CITIC Telecom CPC, which enhances cybersecurity services through a redefined comprehensive cybersecurity framework and enabling SOC-as-a-Service. TrustCSI™ 3.0 delivers proactive protection with 4 pivotal service pillars – identify & predict, protect, detect, and respond & recover, and even offers vulnerability assessment, penetration testing, cybersecurity practices and other professional information security services to ensure comprehensive protection for enterprises.

With the motto “Innovation Never Stops”, CITIC Telecom CPC continues to build a holistic and intelligent ecosystem while strengthening collaboration with multi-tier strategic partners, integrating resources and fostering capabilities, and sustaining its commitment to AI technology and innovative development. CITIC Telecom CPC is dedicated to integrating AI elements into its service platform, shaping the future of the industry. Delivering unparalleled comprehensive, efficient, and intelligent solutions that accelerate customer transformation, unlock untapped potential and create unprecedented value for enterprises.

About CITIC Telecom CPC

We are CITIC Telecom International CPC Limited (“CITIC Telecom CPC”), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883), serving multinational enterprises the world over by addressing their specific ICT requirements with highly scalable tailored solutions built upon our flagship technology suites, comprising TrueCONNECT™ private network solutions, TrustCSI™ information security solutions, DataHOUSE™ cloud data center solutions, and SmartCLOUD™ cloud computing solutions.

With the motto “Innovation Never Stops,” we leverage innovative technologies, embracing AI, AR, Big Data, IoT, and other cutting-edge emerging technologies to transform technical potential into business value for our customers. As an enterprise digital transformation partner, we strive to help our customers achieve industry-leading positions, high agility, and cost-efficiency through digitalization.

With our Global-Local capabilities, we are committed to providing our customers with one-stop-shop ICT solutions with superior quality. Having a worldwide footprint across nearly 160 countries and regions, including Asia, Europe and America, Africa, the Middle East, and Central Asia, our global network resources connect nearly 170 points of presence (POPs), 60+ SDWAN gateways, 21 Cloud service centers, 30+ data centers, and three dedicated 24×7 Security Operations Centers (SOCs). We are certified with a series of international certifications, including SD-WAN Ready, ISO 9001, 14001, 20000, 27001, and 27017, to ensure our services compliance with international standards and resources for enterprises. We offer local professional services, superior delivery capabilities as well as exceptional customer experience and best practices through our global presence and extensive industry know-how, becoming a leading integrated intelligent ICT service provider to enterprise customers.

For more information, please visit www.citictel-cpc.com

TAXCOM Middle East Summit 2024: Empowering Tax Professionals to Navigate a Complex Landscape

DUBAI, Apr 29, 2024 – (ACN Newswire) – With just few days remaining until the TAXCOM Middle East Summit 2024, anticipation is mounting for this premier event set to take place on April 30th, 2024, at Crowne Plaza Dubai Marina, Dubai, UAE.

As the tax and compliance landscape continues to evolve, tax professionals face unprecedented challenges and opportunities. In the words of Raj Bal, Global Head of Tax, Treasury & Customs at Aramex, “The tax environment we operate in today is challenging in many different ways. As tax professionals we need to respond to such challenges with agility and also ensure we empower ourselves with the right level of knowledge to appropriately advise and provide the right level of support to the business. Platforms such as TAXCOM, greatly contribute to this. Through networking with fellow professionals and also helping understand the macro environment we operate in today, we are better placed as professionals to increase our skill set and contribute towards our profession.

TAXCOM Middle East Summit 2024 serves as a critical platform for tax professionals to gather, exchange insights, and enhance their skills. Parvez Shariff, Director at BConnect Global, emphasized the importance of the event, stating, “We are thrilled to host TAXCOM Middle East Summit 2024 and provide a platform for industry leaders to come together and exchange ideas. As the regulatory landscape continues to evolve, it’s crucial for professionals to stay informed and explore innovative solutions to meet the challenges ahead.”

The summit will feature engaging panel discussions and keynote presentations led by renowned industry experts along with dynamic networking sessions. Attendees will have the opportunity to engage with peers, gain valuable insights, and explore cutting-edge technologies and solutions.

In addition, TAXCOM Middle East Summit 2024 is proud to showcase solutions from leading providers in the industry, including CYGNET.ONE, Thomson Reuters, ClearTax, and PwC. These solution providers will demonstrate their innovative tools and services designed to streamline processes, enhance compliance, and drive business success.

“We look forward to welcoming attendees and facilitating meaningful discussions that will shape the future of tax and compliance in the region,” added Parvez Shariff.

Don’t miss out on this opportunity to join industry leaders, thought leaders, and professionals from across the region at TAXCOM Middle East Summit 2024.

Date: April 30, 2024
Location: Marina Ballroom – Crowne Plaza Dubai Marina, Dubai, UAE
Register now: www.taxcom.me

For media inquiries, please contact Aritrika Chakraborty at ari@bconnectglobal.com.

StrategINK Unveils 3rd Edition of VISION’24: Pacing Today, Pioneering Tomorrow

MUMBAI, INDIA, Apr 29, 2024 – (ACN Newswire) – Vision 2024, the unique platform for IT decision-makers and technology OEMs, is set to reconvene with its latest edition focusing around building intelligent and agile enterprises of tomorrow on May 10th, 2024, at The Lalit, Mumbai.

The one- day conference will bring together 30+ subject matter experts as speakers and 200+ CXOs, technology Leaders and decision makers, along with ESG leaders in attendance. Vision 2024 promises to be an immersive experience, offering attendees the opportunity to engage with thought leaders, industry experts, and technology innovators to explore the insights, prophecies, and technologies that will reshape Indian industry and prescriptive action plans on building the intelligent and agile enterprises. This all will be attained via leadership extempore, Idea Café, panel discussions, experience zone and much more.

The event will feature the official unveiling of the Vision CIO Report, the most comprehensive study involving over 1,100 IT and Technology decision-makers across the APAC region. This report will provide valuable insights into their priorities, challenges, perspectives, and IT budget allocations.

The most awaited aspect in the conference will be VISIONARY AWARDS 2024, that will celebrate the visionaries that are taking their organizations to new heights with their approach to IT DX strategy. Along with accolades to technology providers for providing updated and edge technology products & services, along with ensuring a smooth transition journey and experience.

Eminent industry veterans will converge for an insightful evening to Explore, Engage & Experience around:

Ways to derive business value with AI in a VUCA world
2024 resurgences and opportunities across industry verticals
Quantifying the worth of technology in an enterprise
Synergising business with Emerging technologies
Sharing success stories

“As the business landscape continues to evolve, prioritizing business value in every investment becomes paramount. Each decision by our C-suite leaders is made with profound deliberation and strategic foresight. Guided by emerging trends and insightful data, we navigate through these transformations as if led by a beacon of light. By pacing ourselves today and pioneering solutions for tomorrow, we set the stage for sustainable progress. Let us converge our visions, and collaborate intensively to create something truly transformative for our industries.” stated Vinod Singh, Managing Director of StrategINK.

To register or learn more about VISION 2024, visit: https://www.strategink.com/vision/2024/

About StrategINK

StrategINK is a leading provider of market intelligence, technology advisory and integrated marketing solutions in the B2B domain with a variety of services towards accelerating ‘Business Innovation & Go-to-Market’ pursuits. With our core offerings of ‘Research based Business Insights’, ‘Content driven Marketing Solutions’, ‘Digital Transformation Consulting & Advisory’, and ‘Learning, Enablement & Skill Augmentation Services’, we catalyse & accelerate business transformation, digital led innovation, sales acceleration, skill enhancement, and customer delight. With our rich, diverse & hybrid model of digital and physical tools, techniques and industry proven frameworks and best practices, we develop unique-custom solutions to address complex business challenges of our clients and create compelling value through sustainable innovation.

An ISO/IEC 27001:2013 Company

For additional information, please contact:
Manish Sharma
Chief Business Officer
msharma@strategink.com

Wintermar Offshore (WINS:JK) Reports 1Q2024 Results

JAKARTA, Apr 29, 2024 – (ACN Newswire) – PT Wintermar Offshore Marine Tbk (WINS:JK) reported US$5 million Gross Profit and US$2.2million Net Attributable Profit for 1Q2024, driven by Owned Vessels gross margin expansion.

Total Gross Profit increased 66.8%YOY to US$5.0 million for 1Q2024 as compared to US$3 million in 1Q2023, while total revenues were 16.3% YOY higher at US$18.4 million compared to 1Q2023. Higher charter rates resulted in a widening of gross margins from the Owned Vessel Division.

Owned Vessel Division

In 1Q2024, Owned Vessel gross profit experienced an increase to US$3.9 million (+129.4% YOY) as compared to 1Q2023, generated from revenues of US$14 million (+44.6% YOY). This was achieved despite only a modest rise in fleet utilization from 67% in 1Q2023 to 69% in 1Q2024, because of rising charter rates and additional revenue from vessels acquired in 2022 and 2023 coming onstream.

If compared to the previous quarter, revenue from Owned vessels fell by 8% for 1Q2024 compared to 4Q2023, as some vessels came off spot contracts, reflecting the short term nature of the projects in operation at the present moment. However, gross profit was maintained at US$3.9million (-1%QOQ) compared to US$4million in 4Q2023, as the effect of wider margins arising from better charter rates for Spot contracts offset the lower utilization.

Owned Vessel Direct expenses increased by 26.4% YOY to US$10.1 million for 1Q2024, primarily driven by a higher number of operational vessels as compared to 1Q2023. The biggest increases were in maintenance expenses which rose +104.2% YOY to US$2.4 million, and crewing expenses of US$2.5 million (+17.9% YOY). Apart from a higher number of vessels, maintenance costs were higher due to the preparation of several vessels for overseas operations. Crewing costs have risen in line with the increased number crew and vessels operating internationally, necessitating a higher crew cost to meet charter requirements. Additionally, depreciation expenses climbed to US$3.5 million, up 17.2% YOY, reflecting the growth in fleet size.

Chartering Division and Other Services

Chartering Division saw a 25.3% YOY decline in revenue to US$ 3.0 million for 1Q2024 compared to 1Q2023, as two vessels which were previously chartered were purchased last year and are now reflected in Owned Vessel Division. Gross profits in the Chartering Division also decreased by 49.4%YOY to US$ 0.2 million. Revenue from Other Services decreased by 33.0% YTD, while gross profits in this division remained relatively stable, showing a slight increase of 1.2% YTD to US$ 0.9 million.

Indirect Expenses and Operating Profit

Indirect Expenses increased by 61.4% YOY to US$ 2.3 million. A significant factor was the one-time reversal in employee benefit expenses in 2023 due to the Company’s adoption of the changes in the Omnibus Law, which did not recur in 1Q2024. Salary expenses also rose to US$ 1.7 million, up 41.4%YOY from 1Q2023, primarily due to increase in permanent employees following business expansion.

Operating Profit for 1Q2024 was US$2.7 million, which increased 71.7% YOY.

Other Income, Expenses and Net Attributable Profit

Interest expenses decreased by 5.9% YOY to US$0.2 million for 1Q2024 with ongoing reduction in debt as the Company’s net gearing ratio has now fallen to only 0.9% as of 31 March 2024.

Income from equity in associates turned positive, reaching US$0.2 million in 1Q2024 compared to a loss of US$0.4 million in 1Q2023. This improvement reflects higher utilization and better profits from an associate’s recovering business.

The net profit attributable to shareholders for 1Q2024 amounted to US$2.2 million, marking a significant increase compared to US$0.18million in 1Q2023.

Industry Outlook

The rise in global energy consumption demand is leading to investments in oil and gas exploration and production, emphasizing the industry’s resilience and adaptability amid geopolitical tensions and a shifting energy landscape. In 2024, the global oil market remains robust, with IEA projecting demand growth of 1.2 million barrels per day.

Indonesia’s oil and gas sector aligns with this trajectory, showing signs of renewed activity and expansion. Recent discoveries and the final approval of the Masela Field plan of development will likely drive increased deepwater exploration and development work, which will create increased demand for higher value OSVs. Progress in bringing offshore gas discoveries like the Mako field into production, along with the drilling of a significant ultra-deepwater gas prospect in the Andaman Sea, further highlight the potential growth for OSV services in the region.

OSV demand has strengthened further, driven by a continuation of increased offshore activities, including drilling and maintenance. The market is seeing tightening conditions due to rising requirements for OSVs arising from an increase in active rigs while OSV supply remains limited. These conditions have pushed up utilization of OSVs globally, and are likely to persist due to current limited orderbooks for newbuilds, which will support even higher charter rates.

Business Prospects

In 1Q2024, the Company further expanded operations beyond Indonesia, securing contracts in Brunei and Thailand, and commencing a long-term contract in India. These contracts offer improved charter rates and diversify service offerings, including specialized support for subsea and geo inspection tasks.

Subsequent Events

In line with plans to rejuvenate our fleet composition, the management took advantage of an attractive bid and sold one of our earliest purchased PSVs at a very favorable price in April 2024. The proceeds of this sale will enable the Company to reinvest in more attractive yielding assets in the market at present.

The Company had been locked into 2 long-term contracts since 2019 at charter rates much lower than the current market level. These contracts were not extended and have concluded by late April, thus freeing up the vessels to benefit from higher market rates.

Contracts on hand as at end March 2024 amounted to US$71.6 million.

About Wintermar Offshore Marine Group

Wintermar Offshore Marine Group (WINS.JK), developed over nearly 50 years with a track record of quality that is both a source of pride and responsibility that we are dedicated to upholding, and sails a fleet of more than 48 Offshore Support Vessels ready for long term as well as spot charters. All vessels are operated by experienced Indonesian crew, tracked by satellite systems and monitored in real-time by shore-based Vessel Teams.

Wintermar is the first shipping company in Indonesia to be certified with an Integrated Management System by Lloyd’s Register Quality Assurance, and is currently certified with ISO 9001:2015 (Quality), ISO14001:2015 (Environment) and OHSAS 18001:2007 (Occupational Health and Safety). For more information, please visit http://www.wintermar.com.

For further information, please contact:
Ms. Pek Swan Layanto, CFA
Investor Relations
PT Wintermar Offshore Marine Tbk
Tel (62-21) 530 5201 Ext 401
Email: investor_relations@wintermar.com

Total Active Hub Partners with Cleo to Enhance Rewards Engine with Blockchain Technology

LONDON, Apr 29, 2024 – (ACN Newswire) – Total Active Hub, a leader in workplace wellbeing solutions, is excited to announce a strategic partnership with Cleo, a pioneering real world assets (RWA) technology platform. This collaboration marks a significant enhancement to Total Active Hub’s rewards engine, integrating Cleo’s blockchain technology to offer a broader range of incentives and creating a more transparent, immutable rewards system.

Total Active Hub is renowned for empowering organisations with adaptable physical wellbeing solutions. By facilitating employee movement programs and team-building events, Total Active Hub helps workplaces prioritise physical health as a fundamental aspect of corporate culture. Recognizing the challenges of modern workplace environments, where 1 in 4 adults globally fails to meet the minimum weekly physical activity requirements, Total Active Hub and Cleo are committed to making a substantial impact. Total Active Hub research indicates that 97% of employees are motivated to exercise more with colleagues, and 73% report being more productive throughout the day as a result of being active.

Through this partnership, Total Active Hub will leverage Cleo’s innovative blockchain platform to expand its rewards offerings. Users will now have the ability to support a diverse array of causes, from tree planting to ocean plastic recovery, all aligned with the United Nations Sustainable Development Goals (SDGs). This enhancement not only broadens the scope of user engagement but also enriches the incentive mechanisms within Total Active Hub’s programs.

Cleo’s technology platform is already trusted by global brands such as Mastercard, Lenovo, Google, and Hewlett Packard, and is set to feature over 100 UN SDG-backed causes by 2025. The integration with Total Active Hub’s system will bring a new level of scalability and choice to users, empowering them to support meaningful causes while improving their own health and wellbeing.

Tony Eames, CEO of Total Active Hub, expressed enthusiasm about the partnership, stating, “We are thrilled to bring Cleo’s scalable and transparent blockchain solution to our users. This collaboration will not only enhance our rewards system but also allow our users to make a real difference in the world by supporting causes they truly care about.”

This partnership represents a transformative step for Total Active Hub as it continues to foster a culture of health and engagement across workplaces globally. By combining efforts with Cleo, Total Active Hub is set to redefine the possibilities of workplace wellbeing programs and set a new standard in the industry.

Integration work starts today, and is expected to be live by the second half of 2024.

About Total Active Hub

Total Active Hub is a leading provider of workplace wellbeing solutions, offering dedicated programs that encourage physical activity and team cohesion. Through its innovative platform, Total Active Hub engages numerous organisations, helping them prioritize health and improve overall workforce energy and engagement.

For more information about Total Active Hub, please visit https://www.totalactivehub.com/.

About Cleo

Cleo is a cutting-edge RWA technology platform that enables businesses, sports entities, schools, and arts organisations to generate engagement and revenue through tokenized real-world goods. With a focus on sustainability and social impact, Cleo’s blockchain technology supports a wide range of initiatives aligned with the United Nations Sustainable Development Goals.

For more information about Cleo, please visit https://www.cleo.xyz

Media Contact:
Plato Data Intelligence
PlatoAiStream.com
Zephyr@platodata.io

HKTDC unveils gifts, printing, packaging and licensing events

Run of fairs creates global business opportunities across industries and disciplines
Following the successful Home InStyle and Fashion InStyle fairs last week, the gifts, printing and packaging and licensing events have attracted some 4,800 exhibitors from 22 countries and regions
Hong Kong International Printing & Packaging Fair spins off DeLuxe PrintPack Hong Kong

HONG KONG, Apr 27, 2024 – (ACN Newswire) – Hong Kong has always been committed to promoting culture, creative and IP trade, leveraging the city’s unique East meets West advantages. The Hong Kong Trade Development Council (HKTDC) hosted lifestyle and licensing events in April, gathering global trend-setting creative products and services, and helping the industry seize business opportunities. Following the successful conclusion of Home InStyle and Fashion InStyle last week, a range of exciting fairs and conferences will continue this week. The Hong Kong Gifts & Premium Fair runs for four days at the Hong Kong Convention and Exhibition Centre (HKCEC) from today until 30 April. The Hong Kong International Printing & Packaging Fair and concurrent DeLuxe PrintPack are at AsiaWorld-Expo. The Hong Kong International Licensing Show (HKILS) and Asian Licensing Conference (ALC) are also held at the HKCEC for three days from today. The four events have attracted over 4,800 exhibitors from 22 countries and regions, while the ALC gathers some 30 international licensing industry leaders to discuss trends. These activities have created global business opportunities across industries and disciplines, consolidating Hong Kong’s role as the leading regional creative hub and IP trading centre.

Sophia Chong, Deputy Executive Director of the HKTDC, said: “Over the years, the HKTDC has been committed to promoting Hong Kong as the regional creative hub through exhibitions, conferences and diversified activities, helping local creative industries to go global. In response to market demands, the Gifts & Premium Fair launched the Cultural & Creative Corner for the first time last year and again this year with a variety of products rich in craftsmanship, creative design, cultural characteristics and ‘intangible cultural heritage’. The Licensing Show also invited renowned museums to display their art IP licensing, as well as international brands to showcase their creative designs and IPs. The two printing and packaging related fairs provided diverse packaging, creative solutions and customised services for different products. The three fairs complement each other, facilitating cross-disciplinary cooperation, generating greater synergies to the industries.”

Ms Chong also said the HKTDC is dedicated in promoting sustainable development in the business sector through its diversified support services and online-to-offline sourcing platforms, assisting the industry to promote and procure green products and solutions. The trade shows held this week include green zones, while exhibitors offering green products at other zones are also provided with green labels for buyers’ easy identification.

Promoting local design brand with international cultural and creative activity

The Hall of Fine Designs in the Hong Kong Gifts & Premium Fair brings together local and international well-known brands, including Red A (Booth: 1C-G03) from Hong Kong, Yashica (Booth: 1C-E04) from Japan; c-secure (Booth: 1D-C05) from the Netherlands and LifeBion (Booth: 1D-C06) from Italy. Highlighted products include Rollink FUTO, a lightweight and collapsible suitcase by local enterprise OMG Design Factory (Booth: 1D-A03); Evopad Eco (Booth: 1C-D09), a portable multi-functional desktop tool serving as mouse pad, phone and pen holder made from recycled PET bottles which earned it a Bronze at the Hong Kong Smart Design Awards (HKSDA) 2021.

The fair features a dedicated Cultural & Creative Corner, showcasing nearly 30 exhibitors. Notably, the Chinese Gifts Themed Exhibition, which is part of the 2024 National Cultural and Tourism IP Authorisation Series Activities under the guidance of the national Ministry of Culture and Tourism. Enterprises from Shandong and Henan will exhibit intangible cultural heritage products, showcasing the distinctive cultural essence of the regions. The Mainland China pavilion at the fair features a variety of lifestyle and creative products from different provinces. The Shaanxi pavilion (Booth 5E-F01-02, 04, 5E-G01-03), organised by the Shaanxi Provincial Department of Commerce, debuts this year to showcase products encompassing ancient and modern culture in the Cultural & Creative Corner. These include ceramic products, Terracotta Army themed exhibitions, trendy toys and an augmented reality App that integrates cartoon drawing and colouring. The Outdoor & Sporting Goods zone debuts this year, displaying camping equipment, dance shoes and sports products. The Hong Kong Exporters’ Association (HKEA) has also organised a thematic pavilion (Booth: 5C-D02) to showcase the extraordinary design and brand strength of Hong Kong exhibitors. The winning pieces of the Hong Kong Smart Design Awards organised by the HKEA are exhibited on-site.

There are cultural, creative and design elements at the HKILS. The Bring Me Home Souvenirs Series (Booth: 5G-B22), inspired by collections and exhibits of various Hong Kong public museums, are developed to infuse daily lives with the essence of art, history and science. Numerous renowned museums from Mainland China, including the Palace Museum (Booth: 5F-F03), the National Museum of China (Booth: 5F-G03), the Gansu Jiandu Museum (Booth: 5F-G03) and the Henan Museum (Booth: 5F-G03), participate in the HKILS to showcase their art IP. Plastic Thing Limited (Booth: 5G-A37), founded by Yan Ip in 2013, is well known for its character Fatty and exhibits in the HKILS for the first time. Director of Plastic Thing Limited Yip Kim Kwan together with the operators of the rising Asian IPs will speak at the Licensing Academy session tomorrow to discuss strategies for unlocking opportunities through licensing, and the major challenges they face along the way. DLAB (Design Licensing and Business Support Scheme) Hong Kong Pavilion (Booth: 5G-S01 – 5G-S45) returns to the HKILS, promoting the latest creative designs of 45 local brands.

Inaugural DeLuxe PrintPack

Apart from jointly organising the Hong Kong International Printing & Packaging Fair, the HKTDC and CIEC Exhibition Company (HK) Ltd have responded to growing global demand for luxury packaging products by launching the acclaimed World of DeLuxe PrintPack Zone as a separate event this year. The debut DeLuxe PrintPack features a variety of printing and packaging products and solutions for luxury goods covering cosmetics, wine, jewellery and watches. Dongguan Creative Packing Co., Ltd. (Booth: 3-B02) from Mainland China has introduced the elegant high-gloss painted humidor made from Spanish cedar wood while Midas Printing International Limited (Booth: 3-B03), winner of over 300 printing awards, joined as a local exhibitor.

Focus on sustainability and innovation and technology

According to the green technology & environmental services industry profile in Hong Kong published by the HKTDC Research last year, the added value of Hong Kong’s environmental industry in 2021 amounted to HK$10.2 billion (US$1.3 billion), with an annual growth rate of 2.2%. The recent implementation of plastic-free measures also signifies Hong Kong’s readiness and commitment on sustainable development. Hong Kong International Printing & Packaging Fair exhibitors seize business opportunities on the trend. Shanghai Jielong Group Co., Ltd. (Booth: 3-E15), the leading paper printing company in Mainland China, brings integrated green printing solutions to the fair. The Green Printing & Packaging Solutions zone at the fair will also be in the spotlight, with Sangil Eco and Paper Bag Co., Ltd. (Booth: 3-F02) from the Korea Pavilion showcasing eco-friendly paper bags made from recycled materials and FSC-certified timber, which demonstrate excellent loading capacity and durability.

The Hong Kong Gifts & Premium Fair also welcomes eco-friendly exhibits. Matrix Promotion Limited (Booth: 1E-B03) launches Monopoly Go Green, which uses recycled paper and FSC-certified timber and incorporates eco-friendly concepts in the game, such as building a greenhouse to earn more rent.

To establish IP licensing as a sustainable development strategy, ALC invites Lisa Zhang, Co-Founder of Alfilo Brands, to discuss sustainable future in IP licensing and her experience in IP cooperation with museums in the Licensing Academy session on Day 3 (29 April). She will also explain how to use Green IP to diversify revenue streams and ensure a sustainable future. Other thematic sessions include generative artificial intelligence, the rise of new IP creation and beauty in licensing.

Discussing latest industry trends

The Hong Kong Gifts & Premium Fair, Hong Kong International Printing & Packaging Fair and DeLuxe PrintPack will feature seminars, exhibitor and buyer forums, and cultural performances focusing on sustainability, industry innovation and technology, creative design thinking, the silver economy, the Guangdong-Hong Kong-Macao Greater Bay Area opportunity and consumer market trends. At the Hong Kong Gifts & Premium Fair, representatives from Coresight Research, Google and Pinkoi analyse consumer trends and OMO (online-merge-offline) retail concepts. Representatives from Technological and Higher Education Institute of Hong Kong (THEi) and St James’ Settlement Jockey Club Upcycling Centre conduct a seminar on sustainable gifting and upcycling. The Hong Kong International Printing & Packaging Fair and The Hong Kong Printers Association will jointly organise a CTV (Colour Tone Value) seminar. Representatives from Hong Kong Open Printshop, FUJIFILM Business Innovation Hong Kong and Department of Industrial and Systems Engineering from the Hong Kong Polytechnic University will discuss the transformation and trends in printing. At a DeLuxe PrintPack seminar, local packaging designers will discuss the impact of luxury packaging on branding.

Digital platform creates efficient exhibition experience

Under the EXHIBITION+ model April fairs integrate offline and online elements. Buyers can continue searching for products and services on the hktdc.com Sourcing platform and network through the Click2Match smart business-matching platform. During the physical fair, buyers can use the Scan2Match function of the HKTDC Marketplace App to scan exhibitors’ exclusive QR codes, bookmark favourite suppliers, browse product information and continue discussions with exhibitors online during or after the show.

Photos download: https://bit.ly/3w9GGcQ

Algernon Yau, Hong Kong SAR Secretary for Commerce and Economic Development (middle) and Jeffrey Lam, Chairman of the Home InStyle and HKTDC Hong Kong Gifts & Premium Fair Organising Committee (left), and Sophia Chong, Deputy Executive Director of the HKTDC (right) met exhibitors at the opening of the Hong Kong Gifts & Premium Fair and Hong Kong International Licensing Show today. They discussed the Hong Kong SAR Government’s recently enacted plastic-free initiatives and explored business opportunities the exhibitors’ cultural and creative products brought. Guests visit the exhibition and booths providing plastic-free utensils and products at the Hong Kong Gifts & Premium Fair.

Guests view a booth providing plastic-free utensils at the Hong Kong Gifts & Premium Fair.

The Hong Kong Gifts & Premium Fair features a dedicated zone, the Cultural & Creative Corner, showcasing over 30 exhibitors. The Cultural & Creative Corner showcases designs with local cultural characteristics and products related to intangible cultural heritage from exhibitors of Shandong and Henan provinces, which have participated in the National Cultural and Tourism IP Authorisation Series Activities 2024 under the guidance of the national Ministry of Culture and Tourism.

The Shaanxi pavilion, organised by the Shaanxi Provincial Department of Commerce, made its debut at the Hong Kong Gifts & Premium Fair.

The Hong Kong Exporters’ Association (HKEA) has organised a thematic pavilion and promoted the winning pieces of the Hong Kong Smart Design Awards, showcasing the extraordinary design and brand strength of Hong Kong exhibitors.

The Hong Kong International Printing & Packaging Fair helps the industry seize the sustainability trend as the Green Printing & Packaging Solutions zone showcases products, brands and services that respond to the environment, social and Corporate governance (ESG) needs of firms.

The first DeLuxe PrintPack Hong Kong features a variety of printing and packaging products and solutions for luxury goods including cosmetics, wine, jewellery and watch.

The Hong Kong International Licensing Show showcases over 550 brands and licensing properties, including arts and culture, corporate, lifestyle, sports and more.

The Asia Licensing Conference gathers some 30 international licensing industry leaders to discuss licensing industry trends, including sustainable future in IP licensing, generative AI, the rise of new IP creation and beauty in licensing.

Events details:

Events	Event Date	Opening Hours	Venue
Hong Kong Gifts & Premium Fair	27-29 Apr (Sat-Mon) 30 Apr (Tue)	9:30am – 6:30pm 9:30am – 5pm	HKCEC
Hong Kong International Printing & Packaging Fair	27 Apr (Sat) 28-29 Apr (Sun-Mon) 30 Apr (Tue)	10:30am – 5:30pm 9:30am – 5:30pm 9:30am – 3:30pm	AsiaWorld-Expo
DeLuxe PrintPack Hong Kong
Hong Kong International Licensing Show	27-29 Apr (Sat-Mon)	9:30am – 6:30pm	HKCEC
Asian Licensing Conference

Website
Hong Kong Gifts & Premium Fair: https://www.hktdc.com/event/hkgiftspremiumfair/en
Hong Kong International Printing & Packaging Fair: https://www.hktdc.com/event/hkprintpackfair/en
Hong Kong International Licensing Show and Asian Licensing Conference: https://www.hktdc.com/event/hklicensingshow/en
Shuttle Bus Arrangement: https://www.hktdc.com/event/hkprintpackfair/en/travel-to-fairground-awe

Media enquiries
Please contact the HKTDC’s Communications & Public Affairs Department:

HK Gifts & Premium Fair, HK International Printing & Packaging Fair and DeLuxe PrintPack Hong Kong
Clementine Cheung, Tel: (852) 2584 4272, Email: clementine.hm.cheung@hktdc.org

HK International Licensing Show and Asian Licensing Conference
Katy Wong, Tel: (852) 2584 4524, Email: katy.ky.wong@hktdc.org

HKTDC Media Room: https://mediaroom.hktdc.com/en

About HKTDC