Singapore, May 3, 2023 – (ACN Newswire) – Chiratae Ventures, India's largest homegrown venture capital fund, has successfully concluded the fundraising for its first Chiratae Growth Fund (CGF-I), raising INR 1001 cr. On a targeted INR 750 crore, CGF-I has been oversubscribed by 34%. The announcement of the close of CGF-I comes on the heels of Fund 4, which was oversubscribed by 22%. This marks a continued trend of Chiratae's funds being oversubscribed, highlighting the confidence and faith placed in the firm's ability to identify and nurture promising startups poised for growth and success.
CGF-I will invest in the growth rounds of market-leading technology startups from its portfolio and other new opportunities, making it a sector-agnostic fund to support the growth and expansion of companies.
CGF-I is supported by Chiratae's existing investors, including Pratithi (Family Office of Kris Gopalakrishnan, the Co-Founder of Infosys), 57 Stars (a global alternative asset manager) and Manish Choksi (Vice Chairman and non-executive board member of Asian Paints) and his Family Office and, new investors including State Bank of India, India Infoline Limited (IIFL), Axis Bank and others. With this new CGF-I, Chiratae Ventures will continue its mission of supporting innovative technology startups in their growth stage and unlocking their potential. Chiratae Ventures has a successful track record of investing in early and growth-stage startups over the past 16 years. The Chiratae Funds collectively (across 6 funds) have $1.1 Bn in AUM, 130+ investments, 48 exits, 8 Unicorns, 3 IPOs and a track record of having returned capital to the investors in each of the last 12 years. Chiratae Ventures has been an early backer of technology-led companies such as Bizongo, Curefit, Fibe, Firstcry, Lenskart, Myntra, PolicyBazaar, Pixis, Vayana, and Uniphore, amongst others.
Sudhir Sethi, Founder and Chairman of Chiratae Ventures, said, "We are excited to have raised our first Growth Fund, enabling us to continue supporting the growth and expansion of market-leading technology startups in India and beyond. The oversubscription of the fund by 34% is a testament to the trust and confidence our investors have placed in us. As we embark on this exciting new chapter, we remain committed to identifying and investing in innovative startups that have the potential to drive transformative change and create long-term value. Thank you to our existing investors Pratithi (Family Office of Kris Gopalakrishnan, the Co-Founder of Infosys), 57 Stars (a global alternative asset manager) and Manish Choksi (Vice Chairman and non-executive board member of Asian Paints) and his Family Office and, we welcome the new ones, State Bank of India, IIFL, Axis Bank and others."
On closing the Chirataes' first Growth Fund, TC Meenakshi Sundaram, Founder and Vice-Chairman of Chiratae Ventures, said, "The successful fundraising for Chiratae's First Growth Fund is a testament to the quality of the investment strategy and our team's ability to identify and support exceptional entrepreneurs. With the Growth Fund -I, we are well-positioned to continue to support promising startups through their growth journey and create value for all stakeholders by becoming market leaders. We thank all our investors for their continued support to Chiratae."
About Chiratae Ventures
Chiratae Ventures is a 16-year-old Indian technology venture capital fund, which collectively (across 6 funds) has $1.1 Bn AUM, 130+ investments, 48 exits, 8 Unicorns, 3 IPOs and a track record of having returned capital to LPs in each of the last 12 years. The Chiratae funds have investments across sectors such as Consumertech, SaaS, Fintech, and Healthtech and have been early backers of companies such as Myntra, Flipkart, Lenskart, FirstCry, PolicyBazaar, Bizongo, Uniphore, Pixis, and Fibe, amongst many others.
Chiratae Ventures's Global Advisory board consists of esteemed personalities such as Mr Ratan Tata (Chairman), Mr Kris Gopalakrishnan, Mr Manish Choksi (Vice Chairman Asian Paints), Mr Bruno Raschle (Founder Adveq Zurich), Dr Andreas Hettich (Chairman Hettich Corporation Germany) and Dr Ferzaan Engineer (Founder Cytecare and Nightingale).
Cambridge, MA, May 3, 2023 – (ACN Newswire) – Moderna, Inc. (NASDAQ:MRNA), a biotechnology company pioneering messenger RNA (mRNA) therapeutics and vaccines, today announced plans to establish an Enterprise Solutions Hub in the Philippines. The Moderna Enterprise Solutions Hub will provide business services across the Asia Pacific region, where Moderna currently has operations in six markets. Moderna also plans to establish commercial operations in the Philippines.
"We are pleased to expand our footprint into the Philipines by establishing an Enterprise Solutions Hub and commercial operations. The Philippines has a critical mix of talent and global business service expertise, which makes it an excellent location to scale efficiently and provide regional support," said Stephane Bancel, Chief Executive Officer of Moderna."The Asia Pacific region is integral to Moderna's business, with established subsidiaries in Australia, Hong Kong, Japan, Singapore, South Korea, and Taiwan. We look forward to further solidifying our presence. The addition of the Philippines site completes our strategy to provide regional solutions across the business, complementing our existing locations in Atlanta, Georgia, which services the Americas, and Warsaw, Poland, which covers Europe, the Middle East, and Africa."
"We are very pleased that Moderna has selected the Philippines as the location for its third Enterprise Solutions Hub, serving the Asia Pacific market. We are confident that the Philippines has the talent and the capabilities to support Moderna's operations and drive its expansion throughout the region. The Philippines is well-positioned to host global services and facilities that advance health and pharmaceutical technology. Our partnership with Moderna underscores the Philippines' position in promoting healthcare and addressing emerging health threats. It also highlights Moderna's role in delivering life-saving vaccines during the COVID-19 pandemic and the ability and promise of their mRNA platform," said Jose Manuel G. Romualdez, Ambassador of the Republic of the Philippines to the United States.
Moderna will provide enterprise solutions in the Philippines, similar to its counterparts in Warsaw, Poland, and Atlanta, US, which were established in May 2021 and March 2022, respectively. The Hub will initially house finance, pharmacovigilance, medical, and HR personnel, in addition to commercial-focused roles, to support its direct presence in the market. Moderna will continue to identify opportunities to host additional functions and business services as the Company grows and operations mature. The Company expects to employ approximately 40-50 employees in the Philippines in 2023.
The Moderna Enterprise Solutions Hub Philippines will provide new capabilities, service lines, and capacity to help meet the growth of Moderna's commercial and business operations in the Asia Pacific region. Moderna plans to begin operations in the Philippines in the second/third quarter of 2023.
About Moderna
In over 10 years since its inception, Moderna has transformed from a research-stage company advancing programs in the field of messenger RNA (mRNA), to an enterprise with a diverse clinical portfolio of vaccines and therapeutics across seven modalities, a broad intellectual property portfolio, and integrated manufacturing facilities that allow for rapid clinical and commercial production at scale. Moderna maintains alliances with a broad range of domestic and overseas government and commercial collaborators, which has allowed for the pursuit of both groundbreaking science and rapid scaling of manufacturing. Most recently, Moderna's capabilities have come together to allow the authorized use and approval of one of the earliest and most effective vaccines against the COVID-19 pandemic.
Moderna's mRNA platform builds on continuous advances in basic and applied mRNA science, delivery technology and manufacturing, and has allowed the development of therapeutics and vaccines for infectious diseases, immuno-oncology, rare diseases, cardiovascular diseases and auto-immune diseases. Moderna has been named a top biopharmaceutical employer by Science for the past eight years. To learn more, visit www.modernatx.com.
Moderna Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including statements regarding: the Company's plans to establish an Enterprise Solutions Hub in the Philippines and anticipated hiring and staffing for the Hub; and the plans to establish commercial operations in the Philippines. In some cases, forward-looking statements can be identified by terminology such as "will," "may," "should," "could," "expects," "intends," "plans," "aims," "anticipates," "believes," "estimates," "predicts," "potential," "continue," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. The forward-looking statements in this press release are neither promises nor guarantees, and you should not place undue reliance on these forward-looking statements because they involve known and unknown risks, uncertainties, and other factors, many of which are beyond Moderna's control and which could cause actual results to differ materially from those expressed or implied by these forward-looking statements. These risks, uncertainties, and other factors include, among others, those risks and uncertainties described under the heading "Risk Factors" in Moderna's Annual Report on Form 10-K for the fiscal year ended December 31, 2022 filed with the U.S. Securities and Exchange Commission (SEC), and in subsequent filings made by Moderna with the SEC, which are available on the SEC's website at www.sec.gov. Except as required by law, Moderna disclaims any intention or responsibility for updating or revising any forward-looking statements contained in this press release in the event of new information, future developments or otherwise. These forward-looking statements are based on Moderna's current expectations and speak only as of the date of this press release.
THE SEARCH FOR MALAYSIAN REAL ESTATE ACHIEVERS BEGINS ANEW
KUALA LUMPUR, Malaysia, May 2, 2023 – (ACN Newswire) – Malaysia’s leading property portals have jointly launched the 10th Annual PropertyGuru Asia Awards Malaysia in partnership with iProperty—inviting the country’s finest property developers to receive and vie for sought-after hallmarks of excellence in real estate.
The 10th PropertyGuru Asia Awards Malaysia in partnership with iProperty is now accepting submissions until 30 June 2023.
Bringing two of the nation’s most respected awards programmes to set a new single benchmark for excellence in Malaysian real estate, the landmark 10th edition of the PropertyGuru Asia Awards Malaysia in partnership with iProperty is now accepting submissions until 30 June 2023 via: asiapropertyawards.com/nominations
Now in its 10th year of celebrating achievements in property development and design, the search for Malaysia’s finest real estate begins anew at an auspicious time as Malaysia’s economy shows impressive growth. The Malaysian economy expanded by 8.7% YoY in 2022—the highest annual growth recorded since the year 2000 (8.9% YoY). The economy is expected to expand by 4.0% to 5.0 % in 2023, supported by firm domestic demand and ongoing improvements in the labour market.
Although demand for homes is likely to be tempered in the first half of 2023 due to rising interest rates, the second half of the year is shaping up to be more promising as the Chinese economy opens, according to the PropertyGuru Malaysia Property Market Report Q1 2023. The relaxation of Covid-19 measures in China is set to boost the economy in the second half of the year through an increase in tourist arrivals and reduced supply chain disruptions.
Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “We are thrilled to celebrate the landmark 10th edition of the PropertyGuru Asia Awards Malaysia in partnership with iProperty. Built on two strong brands and guided by Malaysia’s most trusted property advisors, our awards programme leverages our combined expertise and network to further raise the benchmark of property development and design in the country. The Awards also serve as a quality benchmark for buyers looking to invest in Malaysia’s finest real estate.”
The black-tie gala celebration is scheduled to take place at The Majestic Hotel Kuala Lumpur, the official venue of the Awards, on Friday, 24 November 2023.
Key dates for the 2023 edition: 30 June 2023 – Entries Close 24-26 July 2023 – Live Judging Days 17-30 July 2023 – People’s Choice Awards voting period 24 November 2023 – Gala Dinner and Awards Ceremony in Kuala Lumpur, Malaysia 8 December 2023 – Regional Grand Final Gala Presentation in Bangkok, Thailand
The public are also encouraged to submit their nominations before the deadline of entries on 30 June 2023 here: asiapropertyawards.com/nominations
In addition, the People’s Choice Awards will allow consumers and residents in Malaysia to vote for their preferred and most trusted developers, honouring 10 companies that deliver the Best in Trust, Quality, and Value for Money.
Respected leaders, experts
A distinguished panel of judges, comprising 18 respected leaders and experts in real estate consultancy, architecture, interior design, finance, legal, and related fields, will discuss and deliberate over entries during the Live Judging Days in late July 2023.
Datuk Ar. Ezumi Harzani Ismail, president of the Malaysian Institute of Architects: 2020-2022, has been elected chairperson of the independent panel of judges in 2023. He succeeds Dato’ Sr Lau Wai Seang, president of the Royal Institution of Surveyors Malaysia (RISM): 2017-2018, who remains on the panel, to the chairpersonship.
Datuk Ar. Ezumi Harzani Ismail said: “I am so pleased to lead the independent panel of judges of the Awards in Malaysia as the programme recognises the finest real estate in the country for the 10th year running. Along with the independent panel of judges, I join Malaysia’s consumers in helping reward the achievements of the real estate sector and moving the recovering economy towards progress and prosperity. With this year’s entrants and competitors, we will raise the bar of design and development together in Malaysia.”
HLB, the official supervisor of Awards, will oversee the judging and make sure the process is fair, transparent, and credible. John Ler and Kelvin Chew, international contact partner and managing partner for HLB Ler Lum Chew – HLB Malaysia, respectively, will lead the third-party team of supervisors.
Qualifying as the Best in Asia
Main winners from the PropertyGuru Asia Awards Malaysia in partnership with iProperty will qualify to compete for regional accolades at the 18th PropertyGuru Asia Property Awards Grand Final in Bangkok, Thailand on 8 December.
Malaysia’s finest real estate won several ‘Best in Asia’ honours at the 17th PropertyGuru Asia Property Awards Grand Final 2022. KL Wellness City by KL Wellness City Sdn Bhd was named Best Mixed Use Development (Asia) while Infinity8 Reserve JBCC by Infinity Group won Best Co-Working Space (Asia).
Established in 2005, the PropertyGuru Asia Property Awards continue to reward high-calibre work within the industry, encompassing property development, construction, architecture, interior design, and sustainable building practices. The series initially covered Southeast Asia and has expanded over the years to include the region’s dynamic property markets, including Australia, China, Greater Niseko in Japan, and India.
Organised by PropertyGuru Group (NYSE: PGRU), Southeast Asia’s leading property technology company, the 10th PropertyGuru Asia Awards Malaysia in partnership with iProperty are supported by official portal partners PropertyGuru.com.my and iProperty.com.my; official venue The Majestic Hotel Kuala Lumpur; official magazine Property Report by PropertyGuru; and official supervisor HLB.
For more information, email awards@propertyguru.com or visit the official website: AsiaPropertyAwards.com.
ABOUT PROPERTYGURU ASIA PROPERTY AWARDS
PropertyGuru’s Asia Property Awards, established in 2005, are the region’s most exclusive and prestigious real estate awards programme. The Asia Property Awards are recognised as the ultimate hallmark of excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards have an unparalleled reputation for being credible, ethical, fair and transparent.
In 2023, the Awards series is open to more than a dozen key property markets around the region. The exciting gala events welcome senior industry leaders and top media, as well as reach property agents and consumers via live streaming. Recognising excellence within each Asian market with a variety of categories, including green and sustainable development, each local awards programme will culminate in the PropertyGuru Asia Property Awards Grand Final, which takes place after the PropertyGuru Asia Real Estate Summit during ‘PropertyGuru Week’ in December 2023.
PropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 41 million property seekers2to connect with more than 63,000 agents3 monthly to find their dream home. PropertyGuru empowers property seekers with more than 3.2 million real estate listings4, in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, Indonesia, and Vietnam.
PropertyGuru.com.sg was launched in Singapore in 2007 and since then PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 15 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio of leading property marketplaces across its core markets; award-winning mobile apps; mortgage marketplace, PropertyGuru Finance; and a host of enterprise solutions now under PropertyGuru For Business, including a high-quality developer sales enablement platform, FastKey, DataSense, ValueNet, Awards, events and publications across Asia.
1 Based on SimilarWeb data between July 2022 and December 2022 2 Based on Google Analytics data between July 2022 and December 2022 3 Based on data between July 2022 and December 2022 4 Based on SimilarWeb data between July 2022 and December 2022
PROPERTYGURU CONTACTS:
General Enquiries: Richard Allan Aquino, Head of Brand & Marketing Services M: +66 92 954 4154 E: allan@propertyguru.com
Media & Partnerships: Nate Dacua, Media Relations & Marketing Services Manager M: +66 92 701 2510 E: nate@propertyguru.com
SINGAPORE, May 2, 2023 – (ACN Newswire) – ONERHT Foundation Ltd, the corporate social responsibility vehicle of RHTLaw Asia LLP and the RHT Group of Companies (collectively, "ONERHT"), has appointed Mr. Jayaprakash Jagateesan, Group Chief Executive Officer of the AlDigi Group, as its new Board Director, effective 1 May 2023.
Mr Jayaprakash Jagateesan
Prakash also holds various positions both within and outside ONERHT and is an active member of the community who contributes to meaningful causes aligned with the Foundation's core pillars of education, environment and sustainability, disadvantaged groups, as well as arts and sports.
He is the Deputy Chairman and Co-Founder of SDAX Exchange, Director of carbon trading platform AirCabon Exchange, Director of Global Indian International School, Vice Chairman of the Singapore Indian Education Trust (SIET), Member of the Singapore Hockey Federation Disciplinary Sub-Committee and an avid golfer who regularly participates in charity tournaments.
Mr Jayaprakash Jagateesan, Director of ONERHT Foundation Ltd, said, "The Foundation's flagship events have been a prominent fixture on ONERHT's calendar for many years and I have witnessed the Foundation's evolution and growth first-hand. I look forward to playing a more active role in supporting the Foundation's efforts to inspire a philanthropic culture of doing good."
Ms Kaylee Kwok, Chairman of ONERHT Foundation, said, "In line with the Board's ongoing succession plans, we recognise the importance of progressively refreshing the Board to address the evolving needs of the Foundation. Prakash's appointment ensures that the Foundation's Board will continue to have an appropriate mix and diversity of skills, professional experience, and personal qualities to collectively advance the Foundation's initiatives and programmes to give back to the community."
"We welcome Prakash to the Board and look forward to his contributions as we work closely together on our mission to provide a framework, platform and channel for corporate social responsibility and pro-bono initiatives," added Ms Kwok.
Since its inception in 2015, the Foundation has with the support of its donors and sponsors been able to raise more than S$4 million for more than 24 charitable organisations.
ONERHT Foundation Ltd
A Singapore registered charity and grant-making philanthropic organisation, ONERHT Foundation Ltd enables RHTLaw Asia LLP and the RHT Group of Companies (collectively, "ONERHT") to do right and do good through various charitable endeavours.
Set up by ONERHT in 2015, the Foundation was registered as a Singapore charity by the Commissioner of Charities and a grant-making philanthropic organisation by the Inland Revenue Authority of Singapore on 16 September 2016 and 28 November 2016 respectively.
The Foundation seeks to establish, inspire and encourage the right philanthropic culture among the corporate and legal fraternity of giving back to the community in a focused, hands-on and meaningful manner. Since its inception, the Foundation has raised more than S$4 million to support more than 24 beneficiaries involved in education, the environment and sustainability, disadvantaged groups as well as the arts and sports. For more information, please visit www.onerht.foundation
For media enquiries, please contact: Elliot Siow / elliot.siow@rhtgoc.com / +65 8375 0417
AN EXCLUSIVE GALA DINNER AND PRESENTATION CEREMONY WILL BE HOSTED IN MELBOURNE FOR THE 2023 EDITION
SYDNEY, AU, Apr 28, 2023 – (ACN Newswire) – The PropertyGuru Asia Property Awards (Australia) programme officially opened its sixth edition in 2023 as overseas property seekers return to the renowned investment destination.
CaptFrom L-R: Josh Chye, Partner, Tax Consulting, HLB Mann Judd, the awards official supervisor; Lui Violanti, Chairperson of the PropertyGuru Asia Property Awards (Australia) and regional manager for Western Australia at Inhabit Group; Jules Kay, General Manager of PropertyGuru Asia Property Awards and Events; and Sally Picot, Group General Manager of Sales, Scape Australiaion
Australia’s finest developers and design practices may submit their entries to the 6th PropertyGuru Asia Property Awards (Australia), which will be presented for the first time ever in Australia during a black-tie gala dinner and ceremony in Melbourne in October.
The launch of the Awards in Australia comes as residential real estate in the country strengthens its reputation as a long-term, stable-growth asset class for end use and investment. Australia during the pandemic emerged as a safe haven where residential property prices have since continued to grow, according to research by Property Report by PropertyGuru, the official magazine of the Awards. This has emboldened Asian buyers to look for second homes in the popular international education destination following eased border restrictions.
Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “The Awards in Australia have grown to be much more comprehensive in the post-pandemic era, expanding to cover more states and a wider range of developers. This reflects the needs of an increasingly diverse pool of domestic and international property seekers, including upgraders, seniors, international students and foreign investors. This year, we plan to celebrate the diversity and success of the Australian market in new, even more exciting ways.”
Lui Violanti, chairperson of the PropertyGuru Asia Property Awards (Australia) and regional manager for Western Australia at Inhabit Group, said: “With great excitement and pride, we open the 2023 edition of the Awards in Australia to worthy entries from all over the country. We challenge Australia’s finest developers and design practices to showcase their latest and greatest achievements to the rest of Asia Pacific as property seekers across the region eagerly search once more for the country’s best homes, aged-care environments, student accommodations, commercial spaces, mixed-use sites, and investment assets. The sixth edition of the Awards in Australia are truly something to look forward to this year.”
In a milestone occasion, the PropertyGuru Asia Property Awards (Australia) will be celebrated for the first time within the country at the Grand Hyatt Melbourne ballroom on Friday, 13 October.
Key dates for the 2023 edition: 4 August 2023 – Entries Close 28 August – 15 September 2023 – Site Inspections 19 September 2023 – Final Judging 13 October 2023 – Gala Dinner and Awards Ceremony in Melbourne, Australia 8 December 2023 – Regional Grand Final Gala Presentation in Bangkok, Thailand
The public are also encouraged to submit their nominations before the deadline of entries on 4 August 2023 here: asiapropertyawards.com/nominations
Jules Kay, General Manager of PropertyGuru Asia Property Awards and Events
Connecting with international property seekers
Jules Kay and Lui Violanti led the ‘Connect with Southeast Asia’ event at Pullman Quay Grand Sydney Harbour that officially launched the 2023 edition of PropertyGuru Asia Property Awards (Australia).
Sally Picot, group general manager of sales at Scape Australia, winner of the Best Student Accommodation Development award at the 5th PropertyGuru Asia Property Awards (Australia) 2022, attended the launch in Sydney. Also in attendance was Josh Chye, partner and head of tax at HLB Mann Judd, representing HLB, the official supervisor of the Awards.
HLB, the global network of independent advisory and accounting firms, is responsible for upholding the fairness, credibility, and integrity of the selection process. As the official supervisor of the Awards, HLB makes full use of a professionally run, fully transparent judging system.
The selection process, which includes rigorous site inspections and deliberations, involves an independent panel of judges. Led by Lui Violanti, the judging panel is composed of experts in a wide array of fields from architecture and design to real estate consultancy.
Top award recipients from Australia will be eligible to compete with their peers across the Asia-Pacific region at the 18th PropertyGuru Asia Property Awards Grand Final 2023 on 8 December in Bangkok, Thailand. Last year, Spacious Group won the Best Boutique Developer (Asia) title at the 17th PropertyGuru Asia Property Awards Grand Final. Paradiso Place by SPG Land clinched both the Best Smart Building Development (Asia) and Best Integrated Work From Home Development (Asia) awards while Zero Gipps by Dare Property Group and The Archwood Residences by Mayrin Group won the Best Eco Friendly Commercial Development (Asia) and Best Housing/Landed Architectural Design (Asia) awards, respectively.
Established in 2005, the PropertyGuru Asia Property Awards continue to reward high-calibre work within the industry, encompassing property development, construction, architecture, interior design, and sustainable building practices. The series initially covered Southeast Asia and has expanded over the years to include the region’s dynamic property markets, including Australia, China, Greater Niseko in Japan, and India.
Organised by PropertyGuru Group (NYSE: PGRU), Southeast Asia’s leading property technology company, the 6th PropertyGuru Asia Property Awards (Australia) are supported by official magazine Property Report by PropertyGuru; official publicity partner Good Talent Media; media partners Australian Property Journal, The Property Tribune, and Your Investment Property Magazine; and official supervisor HLB.
For more information, email awards@propertyguru.com or visit the official website: AsiaPropertyAwards.com.
ABOUT PROPERTYGURU ASIA PROPERTY AWARDS
PropertyGuru’s Asia Property Awards, established in 2005, are the region’s most exclusive and prestigious real estate awards programme. The Asia Property Awards are recognised as the ultimate hallmark of excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards have an unparalleled reputation for being credible, ethical, fair and transparent.
In 2023, the Awards series is open to more than a dozen key property markets around the region. The exciting gala events welcome senior industry leaders and top media, as well as reach property agents and consumers via live streaming. Recognising excellence within each Asian market with a variety of categories, including green and sustainable development, each local awards programme will culminate in the PropertyGuru Asia Property Awards Grand Final, which takes place after the PropertyGuru Asia Real Estate Summit during ‘PropertyGuru Week’ in December 2023.
KUALA LUMPUR, Apr 26, 2023 – (ACN Newswire) – Aneka Jaringan Holdings Berhad, a basement and foundation construction specialist, is pleased to announce that the Group has received a letter of award from Reliacon Sdn. Bhd. for bored piling works worth RM30.28 million related to a serviced apartment and office project located in Bandar Melaka.
Managing Director of Aneka Jaringan, Pang Tse Fui
The project involves bored piling works for one 41-storey block of serviced apartments, one 40-storey block of serviced apartments, one 15-storey office block, a seven-storey car park and one level of commercial space.
The project commences in May and is expected to take eight months to complete.
Managing Director of Aneka Jaringan, Pang Tse Fui said, "The Group is steadily getting jobs as we focus on our markets in Malaysia and Indonesia. This will replenish our order book and assist the Group in improving the topline and bottomline performance while contributing positively to the financial years ending 31 August 2023 (FYE2023) and 31 August 2024 (FYE2024).
"We will continue to seek projects from the government and private sectors of both Malaysia and Indonesia and are anticipating a strong pipeline of projects."
Aneka Jaringan has an order book of RM137 million as of 30 November 2022, with Malaysian operations contributing RM124 million and Indonesian operations contributing RM13 million.
As of 31 March 2023, the Group's tender book stood at RM1.19 billion, with tenders in Malaysia valued at RM1.12 billion and tenders in Indonesia valued at RM68 million.
HONG KONG, Apr 23, 2023 – (ACN Newswire) – Organised by the Hong Kong Trade Development Council (HKTDC), the Hong Kong Gifts & Premium Fair; Home InStyle; the Hong Kong International Home Textiles and Furnishings Fair; Fashion InStyle; the Hong Kong International Printing & Packaging Fair as well as the Hong Kong International Licensing Show successfully attracted close to 56,000 buyers from over 130 countries and regions. About 60% buyers were non-local coming from mainly Mainland China, Association of Southeast Asian Nations (ASEAN), Taiwan, the United States, Japan and Korea. The concurrent Asian Licensing Conference also invited about 30 global industrial giants and insiders to share insights. Exhibitors and buyers responding to surveys commissioned by the HKTDC said they expected business and sales to return to pre-pandemic levels within 6 to 18 months.
Seven HKTDC lifestyle and licensing events successfully concluded their physical editions.
The Hong Kong Gifts & Premium Fair and Home InStyle launched a brand-new Cultural & Creative Corner.
The HKTDC Hong Kong International Licensing Show was well-received with vibrant business and sourcing activities, covering top global licensors and licensing agents.
Sophia Chong, Deputy Executive Director of the HKTDC, said: "The development of the creative and knowledge-based economy has become a major driving force for global economic growth. For the first time in April, the HKTDC held seven major lifestyle and licensing events concurrently. The Hong Kong Houseware Fair and the Hong Kong Fashion Week were rebranded as Home InStyle and Fashion InStyle respectively, offering more diverse creative products to international buyers; while the Licensing Show was repositioned to cover multiple lifestyle categories, bringing greater synergies and opening up more collaboration possibilities across industries. We are happy to see that many exhibitors were able to secure on-site orders, which is very encouraging."
She added that Hong Kong was an important hub for promoting creativity and intellectual property trade in the region, with the advantage of being close to the mainland while connected to the world. Given the success of these events, the HKTDC hopes to seize more opportunities from the Regional Comprehensive Economic Partnership (RCEP) and ASEAN markets, as well as the global market, by organising more large-scale international exhibitions, including CENTRESTAGE and the Hong Kong Watch & Clock Fair in September, further strengthening Hong Kong's role as a global sourcing hub.
The six exhibitions, the physical editions of which have just concluded, attracted more than 4,100 exhibitors from 23 countries and regions. Under HKTDC's EXHIBITION+ hybrid model, exhibitors and traders can connect online for another week beyond the physical fair days until 29 April via the Click2Match smart business matching platform. So far over 2,600 meetings between exhibitors and buyers have been scheduled.
Over 50% exhibitors and buyers are optimistic on growth prospects
Commissioned by the HKTDC, an independent research agency interviewed around 850 exhibitors and buyers during the events. Over half of the respondents (52%) expected the relaxed quarantine measures and restoration of business travel worldwide would have a positive impact on business and sales, while nearly 70% expected business and sales would be back to pre-pandemic levels within 6 to 18 months. Most buyers also said Hong Kong (85%) and the mainland (60%) were their top choices for trade-fair participation.
The respondents also believed that the Northern & Western Europe (21%) and ASEAN countries (15%) would be their new target markets in the next two years, and they were optimistic about the growth prospects.
Regarding product trends, respondents at Home InStyle predicted sleek and simple design (41%) will be in high demand, while respondents at the Gifts Fair foresee sustainable products (61%) to be market trend. Products with the greatest growth potential are gardening, camping & outdoor products (24%), eco-friendly products (20%), health & wellness products (18%) and kitchenware & tableware (18%); while for gifts, prospects are best for sustainable gifts (26%), advertising gifts & premium (25%) and tech gifts (23%).
Cultural, creative design and AI projects in focus
The Hong Kong Gifts & Premium Fair and Home InStyle launched a brand-new Cultural & Creative Corner, featuring more than 80 exhibitors. The Chairman of first-time participant Beijing Enamel Factory, Xie Yanhua, said: "The Cultural & Creative Corner has attracted the attention of buyers who are looking for unique products with cultural characteristics. We have connected with buyers from Hong Kong and Mainland China. We hope to develop long-term cooperation with them."
This year's Hong Kong International Licensing Show also featured more than 550 diverse licensing projects and brands including art, culture, entertainment and design. Many licensees expressed satisfaction with the exhibition's traffic and successfully signed cooperation agreements.
Innovative technology is bringing revolutionary changes to various industries. A Hong Kong exhibitor at Fashion InStyle's InnoFashion and Trade Services, Guy Shirazi, Director of Product of Stratasys said: "This is our debut exhibition in Hong Kong to increase the exposure of our PolyJet 3D printing technology. Buyers from Hong Kong, India and Mainland China approached us and showed strong interest in our 3D printers that enable direct-to-textile printing on garments, footwear and luxury accessories like hats and bags. We are positive about the business prospect. This exhibition is a great platform to drive our expansion in Asia."
Visitors flock to joint exhibitions with onsite orders
Italian company TVS spa has exhibited at the HKTDC houseware fair since 2005. Their export area manager Theo Tassias said: "Two years ago, we launched a new collection called eco-ok induction which is made from recycled aluminium and comes with a recycled plastic handle. The physical Home InStyle held after the pandemic provides a good timing for us to introduce this eco-friendly collection to global buyers and new distributors. We have established connections with a lot of new buyers from many countries and regions such as Ecuador, India, Kazakhstan, Malaysia, Russia, Singapore, the United States and Vietnam."
Buyer from Poland Pawel Kulig met new suppliers from the mainland, Taiwan, India and Korea and identified six potential mainland suppliers during his Home InStyle visit. "We are very interested in their water bottles, glassware, food jars and storage boxes. We have asked them to send us samples and quotations and will place trial orders worth US$100,000-US$200,000 with the right suppliers." he said.
The six major exhibitions held under one roof for the first time provided buyers with a one-stop sourcing platform. Italian buyer Enrico Bassani said: "I am happy to be back in Hong Kong visiting Fashion InStyle to source some fashion accessories. I am liaising with four new suppliers from Hong Kong and Mainland China for jewellery watches. I've also met five packaging suppliers at Hong Kong International Printing & Packaging Fair. In total, I expect to spend about Euro 300,000 [US$333,000] this time for various kinds of watches and packaging items." United Kingdom buyer Zahoor A Qurashi also visited the Printing and Packaging Fair. He identified 10 mainland exhibitors and expected to buy various types of food boxes from them with an estimated value of US$250,000.
The HKTDC organised a series of exhibitions and conferences this spring, covering various lifestyle sectors. The seven events ran concurrently for the first time, from 19 to 22 April at the Hong Kong Convention and Exhibition Centre. The events included the Hong Kong Gifts & Premium Fair; Home InStyle (formerly the Hong Kong Houseware Fair); the Hong Kong International Home Textiles and Furnishings Fair; Fashion InStyle (formerly the Hong Kong Fashion Week); the Hong Kong International Printing & Packaging Fair as well as the Hong Kong International Licensing Show and Asian Licensing Conference which ended on 21 April.
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.
Media enquiries Please contact the HKTDC's Communications and Public Affairs Department: Snowy Chan, Tel: +852 2584 4525, Email: snowy.sn.chan@hktdc.org
Hong Kong International Licensing Show and Asian Licensing Conference Kate Chan, Tel: +852 2584 4239, Email: kate.hy.chan@hktdc.org Frankie Leung, Tel: +852 2584 4298, Email: frankie.cy.leung@hktdc.org
HONG KONG, Apr 22, 2023 – (ACN Newswire) – More than 320 exhibitors gathered in Hong Kong to showcase over 550 brands and intellectual property (IP) items at the three-day Hong Kong International Licensing Show (HKILS) which concluded yesterday. The concurrent Asian Licensing Conference (ALC) brought together some 30 experts in the field from across the world to discuss hot industry topics including opportunities and strategies in global licensing, market trends, consumer patterns in the post-pandemic era and key factors that drive market development, facilitating cross-disciplinary collaboration through licensing.
Dr Patrick Lau, Deputy Executive Director, HKTDC (centre) and Mr Lau Chun, Raistlin, JP, Under Secretary for Culture, Sports and Tourism, Culture, Sports and Tourism Bureau, HKSAR (2nd L) officiated the opening ceremony.
This year's Hong Kong International Licensing Show showcased more than 550 brands and licensing projects, featuring top global licensors and licensing agents.
Licensed cartoon characters from around the world were showcased at the venue, much to the delight of visitors.
HKTDC Deputy Executive Director Dr Patrick Lau said: "The Hong Kong-Mainland China border reopening facilitates business flow and provides strong support to the city's export growth and economic recovery. We are pleased to see that Hong Kong continues to play a key role in linking the mainland and abroad in the licensing field, demonstrating the substantial potential of the global licensing industry."
Ever-changing consumer demands today made brand awareness crucial to a company's success and licensing enhanced a company's competitiveness, increased brand value and attracted consumers, he added. Hong Kong, with its stringent IP protection system, well-developed distribution network and sharp market acumen, was a pivotal platform where top global brands and international licensing agents could expand into the Asian markets.
Diverse licensing opportunities
Hong Kong has long been Asia's licensing hub and a major IP centre in the region. The HKILS and ALC provided a platform for international licensing practitioners to network with industry professionals and help companies expand their business into Asia.
The HKILS broadened its scope this year, highlighting different areas of licensing businesses and taking in art, culture, design, entertainment, well-being and more.
Numerous local creative designs and products could expand their business to Asian and overseas markets through HKILS. Ms Chiu Siu Yin Lovinia, Chairman of Medialink Group, was one of the exhibitors focusing on IP and brand licensing management services. "We are pleased to be part of the physical event, where we had a chance to interact directly with clients from Southeast Asia, Australia and even India."
International experts share market insights
Mr Lau Chun, Raistlin, JP, Under Secretary for Culture, Sports and Tourism, Culture, Sports and Tourism Bureau, The Government of Hong Kong Special Administrative Region of the People's Republic of China, was guest of honour at the opening ceremony. He said: "The further development of e-commerce amid the pandemic facilitates the development of international licensing businesses, with more and more brands and properties investing in e-commerce to extend their customer base for licensed merchandise. The Hong Kong SAR Government has been strengthening our protection of IP rights, building our capacity by training more IP professionals and widely promoting Hong Kong's IP trading and professional services through various activities."
Brand licensing promotes traditional Chinese culture
As a centre for art and cultural exchange between China and other economies, Hong Kong helps promote Chinese culture to international markets. Mr Kong Lun, Deputy Director-General of the Department of Hong Kong, Macao and Taiwan Affairs of the Ministry of Culture and Tourism, People's Republic of China, said at the launch of the Mainland China Pavilion: "The Ministry of Culture and Tourism attaches great importance to the integrated development of culture and related industries. In recent years, we have been actively developing the brand licensing industry, strengthening the development and transformation of IPs with Chinese characteristics, empowering the physical economy with brand licensing, boosting domestic consumption and enhancing the cultural values, creativity and added values of related industries. I believe that the Chinese licensing industry will see even greater development opportunities in the near future."
At the ALC, Ms Miki Yamamoto, Senior Vice President, Licensing of IMG in Asia, elaborated on IMG's marketing strategies and outlined insightful cases, such as the crossover between the Van Gogh Museum and FILA with Converse as well as that between Jimmy Choo and Sailor Moon. "The simplest way for small enterprises to take off is to collaborate with well-known brands," she said when offering some tips to the audience.
Meanwhile, during a session that looked at IP rights protection, Mr Yoshiaki Bando, Chief Director of the Kumamoto Prefectural Government Hong Kong Representative Office, described the success story of Kumamon, one of the most popular prefecture mascots in Japan, and underscored key advantages of royalty-free marketing and associated IP topics.
A closer look into sport licensing
Mr Olivier Ceccaldi, General Manager of Infront Sports & Culture (Beijing) Co., Ltd, revealed his secret to success in sports licensing. He pointed out that thorough understanding of the latest industry trends and peers' marketing strategies, full utilisation of a brand's competitive edges, and effective promotion of corporate values through large-scale sports competitions are crucial to enhancing brand popularity.
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.
Media enquiries Please contact the HKTDC's Communications & Public Affairs Department: Kate Chan, Tel: +852 2584 4239, Email: kate.hy.chan@hktdc.org Frankie Leung, Tel: +852 2584 4298, Email: frankie.cy.leung@hktdc.org
Bogota, Colombia, Apr 22, 2023 – (ACN Newswire) – HostDime, a hyper-edge global data center company, is proud to announce its new Tier IV Colombia Data Center has received the EDGE (Excellence in Design for Greater Efficiencies) certificate, which is awarded to buildings that demonstrate resource efficiency of at least 20 percent in energy, water, and embodied energy in materials.
EDGE is a green building standard and a global certification system developed by the World Bank's International Finance Corporation that certifies the design and resource efficiency of green buildings. EDGE is a measurable way for builders to optimize their designs to help create a sustainable future and provide better investment rates for HostDime and their clients.
HostDime's Colombia "Nebula" Tier IV Data Center is the first data center in Latin America to meet these EDGE certification standards.
"We are very proud of obtaining the first EDGE Green Certificate in Latin America. Incorporating all these environmental features in our New Colombia Tier IV 'Nebula' Data Center allows us to operate one of the most sustainable data centers in the world. Our commitment is aligned with the broader data center industry's ESG efforts. As we continue to build out our next-gen purpose built Tier IV Data Centers throughout Latin America, we will continue to adapt such sustainable features while also taking advantage of renewable energy sources," says Edwin Tello, VP of HostDime Latin America.
Data centers account for an estimated 1% of worldwide electricity use, so the industry must be conscious of its responsibilities. ESG (environmental, social, and governance) considerations are crucial when designing, constructing, and operating purpose-built data centers. Taking ESG issues seriously maximizes operational efficiencies and reduces overall risks.
Power consumption can be used to measure data center efficiency. PUE (Power Usage Effectiveness) is the measurement of how efficiently a data center uses energy. The lower the PUE, the better. While HostDime achieves at or under 1.3 PUE in their constructed data centers, most providers have a PUE in the 1.6 or higher range. Bringing PUE down across the data center industry is an obtainable and worthwhile objective. HostDime's purposeful use of power-efficient electrical components, modular POD footprints, hot aisle containment, highest efficiency chillers, and renewable energy use all correspond to a large reduction in annualized PUE.
HostDime continues to carry out additional actions to improve energy efficiency in its purpose-built facilities in Brazil, Mexico, Colombia, and the USA.
Last year, HostDime invested $1.2 million in the construction of a solar power plant to support the entire power infrastructure of their Joao Pessoa, Brazil, data center, as well as a planned 30% expansion.
This year, HostDime will open their flagship data center and headquarters in Orlando, Florida. The rooftop of this facility will feature high-density solar panels; up to 1MW of the facility's 5MW will be powered by the sun. Taking advantage of the Florida sun will reduce operating costs, lock-in energy costs, and decrease their carbon footprint.
"We are constantly evolving our data center designs and best practices to create energy efficiencies so that we can build and operate facilities that positively impact future generations." – David Vivar, HostDime's VP of Global Engineering.
HostDime's green initiatives solidifies to their staff, customers, and the marketplace that ESG principles are held to the highest importance. Designing and building an environmentally friendly green data center should be a pattern followed by every new data center worldwide. On this Earth Day, we must take a stand and take care of our resources that are not infinite; together, we can do it.
About HostDime:
HostDime is a hyper-edge global data center company operating our owned purpose-built data center facilities in Mexico, Brazil, Colombia, and our flagship facility in Florida, USA, and with owned networks in the UK, India, and Hong Kong. Our mission is to design, build, and operate purpose-built, next-gen data center facilities at the global edge.
We offer an array of core digital infrastructure products and services, including colocation (private data center suites, cages, racks), interconnection (cross-connects, peering, transit), Hardware-as-a-Service (bare metal servers, lease-to-own servers, hardware procurement), cloud infrastructure (private, hybrid, multi-cloud), and managed services (server management, remote hands, smart hands).
Contact Information: Jared Smith Director of Marketing jared.s@hostdime.com 386-341-0855
HONG KONG, Apr 20, 2023 – (ACN Newswire) – The creative industry is a powerhouse of economic growth. The Hong Kong Trade Development Council (HKTDC) unveiled seven creative events covering fashion, lifestyle and licensing at the Hong Kong Convention and Exhibition Centre (HKCEC). The events are the Hong Kong Gifts & Premium Fair; Home InStyle; the Hong Kong International Home Textiles and Furnishings Fair; Fashion InStyle and the Hong Kong International Printing and Packaging Fair, as well as the Hong Kong International Licensing Show and Asian Licensing Conference. As international business travel and commercial activities return to normal, these seven events have attracted more than 4,100 exhibitors from 23 countries and regions, covering gifts, home products, home textiles, fashion, printing and packaging solutions, licensing projects and more, while the Asian Licensing Conference has invited about 30 global industrial giants and insiders to share insights.
During the media tour, HKTDC Deputy Executive Director Sophia Chong (R) said HKTDC exhibitions are renowned for their international flavour, scale and comprehensive support facilities.
The HKTDC unveiled a series of exhibitions including: the Hong Kong Gifts & Premium Fair; Home InStyle; the Hong Kong International Home Textiles and Furnishing Fair; Fashion InStyle; the Hong Kong International Printing & Packaging Fair; as well as the Hong Kong International Licensing Show; and the Asian Licensing Conference.
Hong Kong International Licensing Show drew attention to over 500 brands and licensing projects, highlighting a diverse range of projects.
During a media tour, HKTDC Deputy Executive Director Sophia Chong said: "HKTDC has always been committed to promoting Hong Kong creative and design industry to the world through exhibitions, conferences and other activities. This year, we are bringing together seven major events covering fashion, lifestyle and licensing in April under one roof for the first time, providing a unique platform to cultivate new possibilities for licensing business through accommodating more non-character IPs; broadening the IP portfolio to include art, culture and digital brands that are used in licensed gifts. We believe this will create greater synergies and will open up more business opportunities across industries and disciplines.
"As one of the world's most recognised cities for meetings, exhibitions, incentive and business travel, Hong Kong attracts high-quality exhibitors and buyers from around the globe. HKTDC exhibitions are known for their internationalisation, scale and comprehensive support facilities. This year, the exhibitions featured about 70% non-local exhibitors and welcomed numerous provincial and municipal delegations from Mainland China – a testament to the return of international businessmen to Hong Kong," she added.
The events have recruited more than 200 buying missions from 50 countries and regions, including buyers from the mainland, Japan, Korea, Association of Southeast Asian countries, India, the Middle East, Germany, France and the United States to source in Hong Kong. The EXHIBITION+ hybrid model extends business discussion beyond the physical shows until 29 April via the smart business matching platform Click2Match.
Designer brands showcase creative works in Cultural and Creative Corner
The exhibitions feature a diverse array of fashion and lifestyle products, with many institutions and companies joining for the first time. The Gifts Fair, Home InStyle and Home Textiles Fair feature over 2,800 exhibitors from 21 countries and regions. As the cultural and creative industries flourish, the Cultural and Creative Corner zone debuts at the Gifts Fair and Home InStyle to showcase designer brands and products with cultural characteristics, unique and tasteful designs. A mainland pavilion also debuts, bringing exclusive Chinese traditional handicrafts such as bamboo carvings, ceramics and paper-cutting lamps, showcasing the preservation and succession of intangible cultural heritage. At Home InStyle, the Zhejiang Pavilion features handcrafted home-decor products from different provincial cities under the Zhejiang Ingenuity: Culture and Quality theme. The Yuecheng District of Zhejiang Province is also participating in the Home Textiles Fair for the first time, showcasing high-quality bedding products.
Fashion InStyle has attracted about 500 exhibitors, including a debut Jiangxi Province pavilion where 25 exhibitors showcase fashion and accessories. The Hong Kong International Printing & Packaging Fair also attracted 460 exhibitors with a new comer from Hungary. The international presences signal the strong revival of international business confidence in Hong Kong.
Promoting transformation of local creative force
The Hong Kong Houseware Fair has been renamed Home InStyle with the expectation of bringing more design and style-oriented products to buyers. The Hong Kong Industrial Designers Association (IDSHK) will join Home InStyle for the first time. The association's ReMIX brands and designers matching programme created design products in collaboration with local traditional brands such as Camel's vacuum flasks and Red Apple's home furniture, illustrating the power of design in brand rejuvenation. Other newcomers include local brand Inwork Synergy International Limited, which specialises in handcrafted wooden tableware, and Derangedesign Co. Limited, which won the A'Design Award for its iconic irregular stainless steel sculpture containers. Furthermore, the Hong Kong Exporters' Association highlights Hong Kong Smart Design Award winning pieces at the Gifts Fair to promote local design talents.
The HKTDC has been a staunch advocate for the development of local creative culture and protection of intellectual property. With the support of CreateHK, the DLAB Hong Kong Pavilion returned to the Licensing Show this year, gathering 45 locally produced, original intellectual properties – including SHIBAINC, Falling Cyan, Malut Design and 8EGGS Studio – displaying the products of Hong Kong creative minds.
Technology leads to sustainable future
Highlighted Fashion InStyle's zone InnoFashion and Trade Services focuses on fashion technology and trade services and showcases a variety of innovative fashion technologies, including the AiDLab of the Hong Kong Polytechnic University, which brings in world's first designer-led AI system (AiDA) that facilitates designer's inspiration and speeds up the whole ideation and design development process, improving the sustainability of the production chain. Headquartered in Israel, Hong Kong exhibitor Stratasys has developed a 3D printer that can print three-dimensional textile materials entirely with computers.
Demand for environment-friendly products continues to rise in global markets. About a quarter of the Printing & Packaging Fair exhibitors provide green printing and packaging products and services. Sustainability and safety certified products are also available in the Home Textiles Fair, including products made of organic and recycled materials with international certifications such as GRS, BSCI and OEKO-100.
Engaging dialogues on trending topics including ChatGPT and ESG
The AiDLab Summit debuted at Fashion InStyle. Academic experts such as Professor Sharon Baurley, Director and Professor of Design & Materials at the Materials Science Research Centre of the Royal College of Art and Professor Calvin Wong, Cheng Yik Hung Professor in Fashion at the School of Fashion and Textiles at Hong Kong Polytechnic University, and Centre Director of AiDLab discussed artificial intelligence (AI) application in fashion design. The Feel the Pulse of the Upcoming Trend in 2023 seminar invited Euromonitor International Hong Kong Research Manager Herbert Yum and Ivan So, digital consultant at HDcourse, to share insights on global consumer trends as well as ChatGPT and its impact on business-to-business marketing implications.
Licensing Show displays over 500 brands and projects, signalling a thriving industry
Hong Kong is a bustling hub for licensors, licensees, agents and manufacturers and is the preferred partner for foreign licensors. This year's Hong Kong International Licensing Show showcased over 500 diverse licensing projects and brands; exhibitors include top global licensors and licensing agents such as CAA-GBG Global Brands Management Group, Medialink Group and WildBrain CPLG. The exhibition features nine large pavilions, the largest being the Mainland China Pavilion, along with those from Macao, Indonesia, Japan, Korea, Malaysia, Thailand and Taiwan, where exhibitors bring unique brands to Hong Kong.
At the concurrent Asian Licensing Conference, the first session featured Ben Peace, Vice President for the Asia Pacific at WildBrain CPLG (the agency for PEANUTS, Sonic Prime, and the Teletubbies); Maura Regan, President of Licensing International; and Miki Yamamoto, Senior Vice President, Licensing in Asia at IMG, who discussed global licensing developments, post-pandemic shifts in consumer behaviour and key factors reshaping the licensing landscape.
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
Media enquiries Please contact the HKTDC's Communications and Public Affairs Department: Snowy Chan, Tel: +852 2584 4525, Email: snowy.sn.chan@hktdc.org
Hong Kong International Licensing Show and Asian Licensing Conference Kate Chan, Tel: +852 2584 4239, Email: kate.hy.chan@hktdc.org Frankie Leung, Tel: +852 2584 4298, Email: frankie.cy.leung@hktdc.org
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