APAC Is Second Fastest Growing Market In Global Amusement Industry

KUALA LUMPUR, May 23 (Bernama) -- The International Association of Amusement Parks and Attractions (IAAPA), the global association for the attractions industry, is set to host the eagerly anticipated IAAPA Expo Asia 2024 from May 27 to 30 at Queen Sirikit National Convention Centre in Bangkok, Thailand.

The amusement industry, one of the hardest hit by COVID lockdowns, border closures and restrictions, has made a strong comeback from the pandemic, recapturing an impressive 98 per cent of spending lost in 2020.

Global total spending for the industry is projected to reach nearly US$58.7 billion by end of 2024, while the Asia Pacific (APAC) amusement market is projected to increase by 67 per cent, second only to the Middle East in growth, signifying huge potential for innovation and profitability. (US$1=RM4.71)

IAAPA Expo Asia Pacific Executive Director and Vice President, Jack Chan said a primary factor contributing to the enduring popularity and growth is the universal appeal of entertainment and recreation activities.

“Amusement and theme parks are a cultural phenomenon that not only provide entertainment to millions, but also contribute significantly to the region’s and global economy,” he said.

“We live in an era where experiences are valued more than ever and consumers’ appetite and expectations for immersive entertainment are rapidly growing, so the task for industry players is to meet these challenges and stay ahead of the game – pardon the pun,” he said.

The three-day international extravaganza will see the global amusement industry converge to learn about the latest innovations and trends, as well as take a sneak peek into its exciting future, in addition to showcasing the newest technological advancements in the attractions industry from more than 300 exhibitors, according to a statement.

This year's theme, ‘Shape your evolution’ reflects the focus on education and growth. Industry experts and specialists will share insights and strategies to help attendees elevate their businesses.

Some prevailing trends and solutions which will be presented at the expo include the rise in 5D multisensory attractions that combine sight, sound, touch and even smell; innovative approaches to improving environmental impact and sustainability; demand for personalisation of guest experiences; and state-of-the-art safety and crowd/queue management technologies.

The jam-packed IAAPA Expo Asia 2024 programme also features a stellar line-up of key speakers from leading parks and entertainment venues, such as Shanghai Disney Resort, Hong Kong Disneyland, Universal Beijing Resort, Enchanted Kingdom (Philippines), Dreamworld (Australia), Studio City Macau and Ramayana Water Park.

-- BERNAMA

IMMERSE IN CHINESE TEA CULTURE IN CHAOYANG, BEIJING

KUALA LUMPUR, May 20 (Bernama) -- The 2024 Beijing Chaoyang International Tea Culture Festival kicked off recently at the Chaoyang Park and the Junwangfu Hotel, gathering more than 100 tea brands for tea party, tea-related poem recitals and traditional Chinese-style performances, attracting many visitors from home and abroad.

The quaint garden-style Junwangfu Hotel has been transformed into a tea culture reception hall with four distinctive areas for exhibition and display, interactive experience, immersive shopping, and new cultural experience, respectively, providing visitors with immersive tours featuring the traditional Chinese tea culture.

There were also special activities such as incense rituals, ikebana, Hanfu performances, tea-related poems, tasting tea and identifying flowers, as well as new consumption scenarios such as "Tea & Coffee Theme Salon" and "Sunset Music Party", providing opportunities for young people to meet friends over tea.

During the launch, Chaoyang released the Tea Fragrance Tour Map, highlighting the highest tea fragrance indexes in 12 business districts, including central business district (CBD), Sanlitun, Wangjing, and Shuangjing.

Although Beijing's Chaoyang District does not produce tea, it is one of the areas that sees the greatest tea consumption, with both traditional tea houses and innovative tea beverage stores ranking first in Beijing, according to a statement.

In the future, Chaoyang District will further enrich the forms of cultural consumption to support Beijing's efforts for developing itself into an international consumption centre, a "City of Tea Fragrance", and a "Garden City".

Known as "China's Number One District for Foreign Affairs", Chaoyang District is home to a number of embassies in China, international media outlets and organisations, as well as regional headquarters of multinational companies.

Additionally, global tea beverages, such as English black tea and Argentine mate tea, thrive here, and by using tea as a means of fostering friendships, Chaoyang welcomes visitors from around the world to share in the aroma and allure of tea together.

-- BERNAMA

ARABIAN CHEMICAL TERMINALS ABU DHABI BEGINS OPERATIONS

KUALA LUMPUR, May 16 (Bernama) -- Arabian Chemical Terminals LLC in Abu Dhabi (ACTAD) announced its newly built chemical tank storage terminal in Khalifa Port, Abu Dhabi, United Arab Emirates (UAE), has officially opened for business.

According to a statement, the terminal is the first commercial chemical tank farm of its kind in the Emirate.

Strategically located in the new world class Khalifa Port and adjacent to the modern and sprawling Khalifa Economic Zone Abu Dhabi (KEZAD), ACTAD aims to participate in the drive to promote new industries in the Emirate.

ACTAD was designed and built as State of the Art in compliance with the highest international standards and boasts a total of 40 tanks of various specifications for a total of 100,000 cubic metres storage capacity.

Each tank has a devoted pipeline to a dedicated berth of 16 metres draft and dedicated truck loading bays, hence, eliminating the risks of cross product contamination, promoting maximum operating efficiency and flexibility to the customers.

Additionally, the site has a 500 square metres warehouse for dangerous goods and provision for drums/intermediate bulk containers (IBCs) filling, while the terminal has an independently operated third party fully equipped surveyor laboratory for sampling and testing.

The terminal will help local industries to import their liquid chemical needs in bulk or export their liquid chemical products globally as well as act as a storage hub and/or break-bulk operations for international companies as it is strategically located in a bonded zone within Khalifa Port.

-- BERNAMA

FORMER K-POP GROUP KARA MEMBER NICOLE JUNG JOINS MUSICAL SPECTACULAR RIDE THE WIND 2024

KUALA LUMPUR, May 14 (Bernama) -- Former member of South Korean super girl group Kara, Nicole Jung took part in the Chinese variety show "Ride the Wind 2024", a musical spectacular produced by Mango TV.

Apart from Jung, Vietnamese singer Suni, and Thai actress Mai Davika have also taken part in the spectacular.

According to a statement, the show has invited 36 accomplished women of all ages globally to join in the excitement where their brilliant stage performances, showcasing many unique styles, catapults the show into a major platform for international cultural exchange.

During her stage debut, Jung performed her signature dance while singing "Mr" was one of the show's highlights, in addition to collaborating with Suni to present a cool and challenging stage performance called "The Mist".

Furthermore, Jung along with Suni and Davika also teamed up with other contestants for the challenge to sing not just Chinese songs, but also in various styles during the official group competition.

Despite the outcome of the results, the contestants have developed a strong bond of camaraderie through teamwork during this difficult challenge.

In the "Ride the Wind 2024" show, contestants from different countries with diverse skills and cultural backgrounds have presented their stage performances.

The spectacular proves not only a visual feast, but also an opportunity for the audience to be impressed by global cultural diversity and cultural integration.

-- BERNAMA

ABU DHABI'S TECHNOLOGY INNOVATION INSTITUTE NEW AI MODEL OUTPERFORMS BIG TECH

KUALA LUMPUR, May 14 (Bernama) -- The Technology Innovation Institute (TII), a global scientific research centre and the applied research pillar of Abu Dhabi’s Advanced Technology Research Council (ATRC), has launched a second iteration of its renowned large language model (LLM) – Falcon 2.

Within this series, it has unveiled two groundbreaking versions, namely Falcon 2 11B, a more efficient and accessible LLM trained on 5.5 trillion tokens with 11 billion parameters; and Falcon 2 11B VLM, distinguished by its vision-to-language model (VLM) capabilities, which enable seamless conversion of visual inputs into textual outputs.

While both models are multilingual, notably, Falcon 2 11B VLM stands out as TII's first multimodal model, and the only one currently in the top tier market that has this image-to-text conversion capability, marking a significant advancement in artificial intelligence (AI) innovation.

According to a statement, Falcon 2 11B and 11B VLM are both open-source, empowering developers worldwide with unrestricted access, whereby in the near future, there are plans to broaden the Falcon 2 next-generation models, introducing a range of sizes.

These models will be further enhanced with advanced machine learning capabilities like 'Mixture of Experts' (MoE), aimed at pushing their performance to even more sophisticated levels.

All of TII’s AI models released to date have consistently ranked in the top tier globally, as the most powerful open-source LLMs, in which the new scaled-down and versatile Falcon 2 11B models are set to give TII greater market adoption in the ever-evolving world of generative AI.

Falcon 2 11B models, equipped with multilingual capabilities, seamlessly tackle tasks in English, French, Spanish, German, Portuguese, and various other languages, enriching their versatility and magnifying their effectiveness across diverse scenarios.

Meanwhile, Falcon 2 11B VLM has the capability to identify and interpret images and visuals from the environment, providing a wide range of applications across industries such as healthcare, finance, e-commerce, education, and legal sectors.

-- BERNAMA

KOLMAR BNH COMMITS OVER TWO PCT OF ANNUAL SALES FOR R&D

KUALA LUMPUR, May 14 (Bernama) -- Kolmar BNH, a manufacturer of HemoHIM, a health-enhancing functional food, has emerged as a frontrunner in the global Original Development Manufacturing (ODM) market, owing to its pioneering investments in research and development (R&D).

An official from Kolmar BNH said the company remained steadfast in its commitment to R&D, striving to deliver customer-centric services and endeavoured to captivate global clientele by showcasing the technological expertise amassed through years of dedicated innovation.

According to a statement, the cornerstone of Kolmar BNH's competitiveness lies in its technological adeptness, underpinned by substantial R&D investments.

The company annually allocates over two per cent of its sales revenue to R&D expenditures, bolstering its capabilities by employing more than 30 per cent of its workforce as researchers.

The Health Food Lab, an arm of Kolmar BNH, comprising over 100 researchers with master's and doctoral degrees, is dedicated to pioneering new formulations and functionalities.

Kolmar BNH also maintains relationships with over 300 domestic and international clients, leveraging its R&D prowess that has evolved over an extended period, in which among its key clients include the Korean branch of Haleon, a global healthcare conglomerate.

HemoHIM, distributed by Atomy, which represents a technology-intensive product of Kolmar BNH has penetrated markets in 19 countries, including Australia, the United States, Thailand, Taiwan, Central Asia, and South America.

Meanwhile, ‘HemoHIM G’, tailored for the European market, is another testament to Kolmar BNH's R&D capabilities, whereby this export-oriented product has been meticulously formulated to comply with diverse food regulations across European nations.

Kolmar BNH aims to bolster its global market competitiveness by prioritizing R&D efforts in raw material development, with emphasis on uncovering additional efficacies through in-depth research of Hemohim G.

-- BERNAMA

INTERNET INITIATIVE JAPAN'S "SAFOUS" NAMED WINNER OF COVETED GLOBAL INFOSEC AWARDS DURING RSA CONFERENCE 2024

TOKYO, May 13, 2024 /Kyodo JBN/ --

- IIJ Wins 4 Awards at 12th Annual Global InfoSec Awards at #RSAC 2024 -
 
Internet Initiative Japan Inc. (hereinafter "IIJ," TSE Prime: 3774), one of Japan's leading Internet access and comprehensive network solutions providers, is proud to announce that its Zero Trust security platform "Safous" has won the following awards from Cyber Defense Magazine (CDM), the industry's leading electronic information security magazine:
 
- Editor's Choice SMB Zero Trust
- Next Gen Zero Trust Application Protection
- Hot Company Zero Trust BYOD
- Best Product Zero Trust Platform
 
Logo: https://cdn.kyodonewsprwire.jp/prwfile/release/
M000185/202405070359/_prw_PI1fl_zaKW6D8V.png
 
Safous is a unified zero trust security platform that accelerates enterprise cybersecurity transformation. IIJ provides a variety of functions to solve corporate server security issues, such as security assessments of existing IT assets and zero-trust access protection for IT/OT assets.
 
"We're thrilled to receive one of the most prestigious and coveted cybersecurity awards in the world from Cyber Defense Magazine during their 12th anniversary as an independent cybersecurity news and information provider. We knew the competition would be tough and, with top judges who are leading InfoSec experts from around the globe, we couldn't be more pleased," said Miki Tanaka, Global Business Director of IIJ.
 
The members on this coveted group of winners are located here:
https://cyberdefenseawards.com/
 
About CDM InfoSec Awards
This is Cyber Defense Magazine's 12th year of honoring InfoSec innovators from around the globe. Its submission requirements are for any startup, early-stage, later-stage, or public companies in the information security (InfoSec) space who believe they have a unique and compelling value proposition for their product or service. Learn more at https://cyberdefenseawards.com/
 
About Judging
The judges are certified security professionals, such as those with CISSP, FMDHS and CEH certifications, who vote based on their independent review of the company that submitted materials on the website of each submission including but not limited to data sheets, white papers, product literature and other market variables. CDM has a flexible philosophy to find more innovative players with new and unique technologies than the one with the most customers or money in the bank. CDM is always asking "What's Next?" So it is looking for best-of-breed, next-generation InfoSec solutions.
 
About Cyber Defense Magazine
Cyber Defense Magazine is the premier source of cybersecurity news and information for InfoSec professions in business and government. It is managed and published by and for ethical, honest, passionate information security professionals. Its mission is to share cutting-edge knowledge, real-world stories and awards on the best ideas, products, and services in the information technology industry. CDM delivers electronic magazines every month online for free, and special editions exclusively for the RSA Conferences. CDM is a proud member of the Cyber Defense Media Group. Learn more about CDM at https://www.cyberdefensemagazine.com/ and visit https://cyberdefensetv.com/ and https://cyberdefenseradio.com/ to see and hear some of the most informative interviews of many of these winning company executives. Join a webinar at https://cyberdefensewebinars.com/ and realize that InfoSec knowledge is power.
 
About IIJ
Founded in 1992, IIJ is one of Japan's leading Internet-access and comprehensive network solutions providers. IIJ and its group companies provide total network solutions that mainly cater to high-end corporate customers. IIJ's services include high-quality Internet connectivity services, system integration, cloud computing services, security services and mobile services. Moreover, IIJ has built one of the largest Internet backbone networks in Japan that is connected to the United States, the United Kingdom and Asia. IIJ was listed on the Prime Market of the Tokyo Stock Exchange in 2022. For more information about IIJ, visit the official website: https://www.iij.ad.jp/en/.
 
The statements within this release contain forward-looking statements about IIJ's future plans that involve risk and uncertainty. These statements may differ materially from actual future events or results.
 
*All company, product and service names used in this press release are the trademarks or registered trademarks of their respective owners.
 
 
Source: Internet Initiative Japan Inc.  

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KFSH&RC AT THE FOREFRONT OF HEALTH SECTOR TRANSFORMATION IN SAUDI ARABIA

KUALA LUMPUR, May 10 (Bernama) -- King Faisal Specialist Hospital & Research Centre (KFSH&RC), renowned for its specialised care and treatments across critical fields, has positioned itself as a leader in specialised patient care, taking the charge towards a brighter, healthier future for Saudi Arabia.

Through its commitment to pioneering digital health initiatives, comprehensive educational programmes, and novel research endeavours, it is reshaping the local landscape, and setting new standards of efficiency and accessibility.

In an era defined by technological advancements, and with the Kingdom’s push towards digitalisation, KFSH&RC stands at the forefront of digital health integration among its local peers, leveraging cutting-edge telemedicine services, virtual consultations, and artificial intelligence-driven tools.

KFSH&RC in a statement said its digital health initiatives extend to addressing broader health threats through technologies such as Whole Genomic Sequencing (WGS) and Advanced Radiation Therapy.

The hospital has also pioneered organ transplantation by performing the world's first fully robotic liver transplant and introduced to the region innovations like the Harmony Transcatheter Pulmonary Valve (TPV), enhancing patient recovery and experience.

These technologies facilitate personalised treatment plans and improve the accuracy and speed of medical diagnostics, contributing significantly to the elevation of patient care standards and a sustainable, resilient healthcare infrastructure, which is in line with the objectives of the Health Sector Transformation Program.

KFSH&RC continues to push the boundaries of medical research addressing pressing health challenges and contributing to Saudi Arabia’s public health landscape, with discoveries that not only improved diagnostic accuracy but also facilitated early interventions, ensuring timely and effective patient support.

Furthermore, these comprehensive efforts are supported by the hospital’s robust educational initiatives, which prepare the next generation of medical professionals through training programmes and international collaborations.

-- BERNAMA

GUY HARRISON TO LEAD TRUSTQUAY VIEWPOINT’S GROWTH, INNOVATION AS CEO

KUALA LUMPUR, May 9 (Bernama) -- TrustQuay Viewpoint (TQVP), a Software as a Service (SaaS) technology provider dedicated to the global trust and corporate services market has appointed Guy Harrison as Chief Executive Officer (CEO).

This key leadership appointment is aimed at driving the company’s global growth and supporting the digital transformation in the Trust and Corporate Service Provider (TCSP) industry, according to a statement.

Chairman of the Board, Heath Davies said Harrison’s extensive background in driving technological and operational improvements at major firms makes him exceptionally suited to lead TrustQuay Viewpoint through its next phase of growth and innovation.

“We are confident that Guy's expertise will significantly enhance our market presence, accelerate our strategic initiatives and support our customers and prospects on their digital transformation journey,” said Davies.

Meanwhile, Harrison stated he is excited to join the leadership team, harness his experience and lead the company’s dedicated global teams.

“With over 600 clients globally we are already recognised as the industry champion and our SaaS solutions are setting the pace for digital transformation,” he added.

Harrison comes to TrustQuay Viewpoint with a distinguished career, having led significant innovations and growth in anti-money laundering (AML) and know your customer (KYC) compliance across several prestigious firms.

His previous roles include SmartSearch CEO, Dow Jones Risk and Compliance General Manager, and IHS Markit Managing Director, in which he has driven substantial advancements in regulatory compliance solutions and operational excellence at each of these organisations.

-- BERNAMA

TRAPEZE GROUP CLOUD-BASED TECHNOLOGY TO IMPROVE SINGAPORE'S LTA OPERATIONAL EFFICIENCIES

KUALA LUMPUR, May 6 (Bernama) -- Singapore’s Land Transport Authority (LTA) is set to leverage future public transport services through cloud-based Bus Fleet Management System (BFMS) implemented by the Trapeze Group-ST Engineering consortium.

Under the new agreement, the consortium is due to transition to the next-generation franchising solution, in which Trapeze’s latest fleet management software and in-vehicle hardware enables LTA and their operators to continue delivering connected and reliable journeys for Singapore’s residents and tourists.

Trapeze Group ASEAN Managing Director, Frank Hesse said Trapeze’s experience as the established Intelligent Transport System (ITS) technology provider to LTA can streamline the BFMS implementation.

“I am delighted LTA can continue its long-term relationship with the Trapeze Group-ST Engineering consortium, which powers outstanding public transport experiences for people living in or visiting Singapore.

“Trapeze is proud of the high-level service and expertise we have provided to LTA over the past decade and I look forward to reaching new heights together in the years to come as we help LTA Singapore deliver its 2040 vision,” he said in a statement.

Trapeze’s ITS is the core component of LTA’s BFMS, built upon a real-time cloud-based software architecture with open application programming interface (API)’s and a new WebGUI front-end. By transferring LTA’s system to the Government Commercial Cloud, the Trapeze solution can improve the productivity of bus service controllers while keeping a high level of cybersecurity.

The new Trapeze system uses enhanced analytic functionalities to continuously optimise models and produce even more accurate bus arrival-time predictions. Trapeze’s Business Intelligence solution also enables business users to create reports on key outcomes in a more flexible and dynamic manner.

The solution also supports Singapore’s current electric vehicle (EV) bus fleet rollout with monitoring of EV assets through seamless integration with on-board technology and the charging infrastructure platform.

The consortium successfully implemented a Centralised Fleet Management System that has supported Singapore’s bus fleet since 2014 and currently oversees about 5,800 buses across four public transport operators.

-- BERNAMA

AKWEL: TURNOVER FOR THE FIRST QUARTER OF 2024

Champfromier, May 3 (Bernama-GLOBE NEWSWIRE) -- 

Thursday, May 2, 2024

TURNOVER FOR THE FIRST QUARTER OF 2024

• Turnover down -3.3% at constant scope and exchange rates
• Net cash position €111.8M

AKWEL (FR0000053027, AKW, PEA-eligible), parts and systems manufacturer for the automotive and heavy-vehicle industry, specialist in fluid management, mechanisms and structural parts for electric vehicles, has recorded, over the first quarter of 2024, a consolidated turnover of €263.5M, down -4.0% compared to the results published for the first quarter 2023.


 

(*) At constant scope and exchange rates

Against a backdrop of low global automotive production at the beginning of 2024, AKWEL recorded a decrease of -4.0% in its published turnover and decrease of -3.3% at constant scope and exchange rates. This is compared to the performance from the first quarter of 2023, which was the highest of the financial year for the Group.

The turnover is distributed by geographic production area as follows:

• France: €69.0M (-10.9%)
• Europe (excluding France) and Africa: €77.2M (-4.1%)
• North America: €77.3M (+4.3%)
• Asia and the Middle East (including Türkiye): €39.4M (-4.6%)
• South America: €0.5M (-53.0%)
   

With the exception of the Air intake (+17.6%) and Cooling (+1.2%) product lines, most activities are down. This includes the Decontamination line, which is down -20.8%.

Excluding the impact of rental obligations, the company reached a net cash position of €111.8M at the end of March 2024, down €6.5M from December 31, 2023, taking into account a significantly increased investment envelope of €20.0M compared to €11.0M in the first quarter of 2023.

In view of the performance recorded during this first quarter, AKWEL maintains its expectation of stable activity for the current year.

An independent family business, trading on Euronext Paris, AKWEL is a parts and systems manufacturer for the automotive and heavy-vehicle industry, and a specialist in fluid management, mechanisms and structural parts for electric vehicles. The Group achieves this with their first-rate industrial and technological know-how in mastering the application and processing of materials (plastic, rubber, metal) and mechatronic integration.

Operating in 20 countries across 5 continents, AKWEL employs 9,600 people worldwide. 

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YAMATO HOLDINGS CO., LTD. LAUNCHES INTERNATIONAL MULTIMODAL TRANSPORT SERVICE BY TRUCK AND RAIL CONNECTING SOUTHEAST ASIA AND EUROPE ON MAY 1, 2024

AsiaNet 0200130

TOKYO, May 2, 2024 /Kyodo JBN/ -- 
 

- Supporting Establishment of Resilient Global Supply Chains in Response to Geopolitical Risks -
 
Yamato Holdings Co., Ltd., headquartered in Tokyo, launched an international multimodal transport service by truck and rail connecting Southeast Asia and Europe on May 1, 2024.
 
Logo: https://cdn.kyodonewsprwire.jp/prwfile/release/M106587/202404249931/_prw_PI1fl_17kUqzDz.jpg
 
1. Background and Purpose
The Southeast Asian region is a hub for production facilities of electronics-related products and automotive components from various countries worldwide. Finished goods are shipped from the region to markets across the globe. Historically, the shortest maritime route -- the Suez Canal route -- has been predominantly used for transporting goods from Southeast Asia to the European market. However, since late 2023, armed attacks on vessels by militant groups in the Red Sea and its adjacent waters have continued. As a result, many ships have been forced to take a longer route around the Cape of Good Hope in South Africa, significantly impacting global logistics and economies. The transit time to the destination has been extended by up to 20 days compared to the Suez Canal route, leading to substantial increases in maritime freight rates and insurance costs due to the detour. Additionally, geopolitical risks have become more pronounced, emphasizing the critical need for establishing a robust global supply chain that can swiftly adapt.
 
Yamato Holdings has helped customers build their global supply chains across 24 countries and regions. Furthermore, its group company, Overland Total Logistic Services (M) Sdn. Bhd. in Malaysia has been providing cross-border truck transport services utilizing container trailers between Southeast Asian countries (*) and China since 2001.
 
To build a resilient global supply chain between Southeast Asia and Europe, Yamato Holdings introduced an international multimodal transport service by truck and rail on May 1, 2024. The new transportation option offers seamless connectivity for the customers.
 
Moving forward, the company will continue to propose solutions that optimize the customers' entire global supply chains, aiming for total logistics cost reduction, production efficiency improvement, and environmental impact reduction.
(*) Singapore, Malaysia, Thailand, Laos, Vietnam and Cambodia
 
2. Service Overview
By utilizing Overland Total Logistic Services' truck transport network for the Southeast Asia-China segment and partnering with rail service providers for the China-Europe segment, Yamato Holdings will provide seamless transportation through the delivery destinations. This solution has shorter transit times than maritime transport via the Cape of Good Hope, and lower cost and less greenhouse gas emissions than air transport.
 
Service Flow Example: International Multimodal Transport from Thailand to Germany
 
Image: https://cdn.kyodonewsprwire.jp/prwfile/release/M106587/202404249931/_prw_PI2fl_pCOk6x48.jpg
 
- Service Commencement Date: May 1, 2024
- Service Coverage Areas: Southeast Asia (Singapore, Malaysia, Thailand, Laos, Vietnam and Cambodia) to Europe (excluding Ukraine and Belarus) up to the specified delivery destinations.
- Transportation Methods: Container leasing or consolidated shipments based on cargo volume.
 
Reference: Southeast Asia to Europe Transport Routes
https://cdn.kyodonewsprwire.jp/prwfile/release/M106587/202404249931/_prw_PI3fl_P4nIbG34.jpg
 
 
Source: Yamato Holdings Co., Ltd.

NX GROUP ACQUIRES STAKE IN COMPREHENSIVE MICROBIOME CARE SERVICE PROVIDER KINS

KUALA LUMPUR, May 2 (Bernama) -- Nippon Express Holdings Inc has acquired a stake in KINS Co Ltd (KINS), which provides comprehensive microbiome care services, as an NX Global Innovation Fund project.

A startup company, KINS proposes to care for the resident microbiota on and within the human body, as well as conduct research, development, and sales in an integrated manner.

According to a statement, the company also has its own laboratory where it accumulates and analyses data provided by users on resident skin, scalp, and intestinal microbiota to aid in the development of various products.

With this investment, the Nippon Express (NX) Group will consider utilising the cell and specimen storage service offered by NX Wanbishi Archives Co Ltd, in the microbiome bank operated by KINS, and providing end-to-end transport of specimens from overseas clinics to laboratories and storage facilities in Japan.

The NX Group's comprehensive capabilities will be leveraged to support KINS' business expansion from a logistics perspective and create new business opportunities by expanding awareness of KINS within the healthcare industry, identified by the group as a priority industry.

It will continue addressing social issues through business co-creation with startup companies in Japan and overseas and helping put in place sustainable societies where all people can lead affluent and fulfilling lives.

The NX Group is working to enhance its corporate value and solve social issues to realise its long-term vision of becoming a “logistics company with a strong presence in the global marketplace”.

-- BERNAMA