Transportation
Warburg Pincus-backed NWP Property and CRE Asia Establish a Joint Venture Focusing on Modern Logistics Real Estate Opportunities
SINGAPORE, NEW YORK and JAKARTA, Indonesia, March 22, 2022 /PRNewswire/ -- Today, PT Nirvana Wastu Pratama ("NWP Property"), Indonesia's largest and fastest-growing New Economy enabled consumer infrastructure platform co-founded by Warburg-Pincus and led by its CEOTimothy Daly, CRE Asia Pte. Ltd....
CapitaLand Investment launches value-add logistics fund in South Korea to grow funds under management
SEOUL, South Korea, March 22, 2022 /PRNewswire/ -- CapitaLand Investment Limited (CLI) has launched a value-add logistics fund inSouth Korea via a joint venture with PGIM Real Estate[1] to grow its funds under management[2] (FUM). CLI has a 10% stake in the fund while the remaining stake is held...
Ola Electric makes strategic investment in StoreDot, an Israeli company with extreme fast charging technology
BENGALURU, India, March 21, 2022 /PRNewswire/ -- Ola Electric, India's leading manufacturer of EVs, has invested in an Israeli battery technology company StoreDot, a pioneer in batteries with extreme fast charging (XFC) technology. The investment in StoreDot is the first of several global strateg...
Kia EV6 triumphs in 2022 Red Dot Design Awards
* Kia EV6 electric crossover takes overall victory in prestigious Red Dot Awards with 'Best of the Best' title * The 2022 European Car of the Year champion also claims the Red Dot 'Innovative Products' award * Since 2009, Kia has celebrated 27 successes in the renowned international design ...
Chery unveils models for launch in Uzbekistan
TASHKENT, Uzbekistan, March 21, 2022 /PRNewswire/ -- Chery has revealed its first models to be launched inUzbekistan, including Arrizo 6 Pro, Tiggo 4 Pro, Tiggo 7 Pro and Tiggo 8 Pro. Previously, these models have been widely praised around the world for their performance in terms of power, energ...
NJ Group Launches First Italian-American QSR Eatery at NTU That Serves Baked Pasta Within 3 Minutes
SINGAPORE, March 21, 2022 /PRNewswire/ -- NJ Group, a company that specialises
in service experience and hospitality solutions launches its first
Italian-American Quick Service Restaurant (QSR) concept eatery,Zitimama's
With the Sales Continuing to Rise in February, Chery International Maintains the Vigorous Trend of "A Good Start in the Year of the Tiger"
BANGKOK, March 21, 2022 /PRNewswire/ -- Recently, according to the latest sales data released by Chery, Chery sold 60,419 vehicles in February, up 26.4% year-on-year. On the export side, Chery's export sales in February reached 19,997 vehicles, up 9.3% year-on-year, and its cumulative export was ...
eHi Car Services earned the highest MSCI ESG ratings in Mobility Industry
SHANGHAI, March 21, 2022 /PRNewswire/ -- In the recently disclosed ESG Ratings Report by MSCI Inc. (Morgan Stanley Capital International), eHi Car Services received an award as an outstanding rating of AA. Not only does eHi scores the highest ranking relative to its global peers in the Mobility I...
TCC Builds New Generation EV Charging with 7-ELEVEN Taiwan
TAIPEI, March 21, 2022 /PRNewswire/ -- Taiwan Cement Corp. (TCC) subsidiary, NHOA.TCC, and President Chain Store's subsidiary, 7-ELEVEN, announced the "New Energy, New Lifestyle" plan to jointly build a new generation of electric vehicle (EV) charging infrastructure that combines green energy, en...
XCMG's XGC15000A Sets New Wind Power Hoisting Record, Supports Low-Carbon Energy Construction
SHANGHAI, March 18, 2022 /PRNewswire/ -- XCMG's (SHE:000425) 1,000-ton crawler
crane, XGC15000A, has set a new world record after completing its first
single-arm wind power hoisting operation at a height of 172+12 meters for the
Jinjiaozhou wind power farm inQingdao, China.
EXEED debuts in Saudi Arabia
JEDDAH, Saudi Arabia, March 18, 2022 /PRNewswire/ -- The EXEED media preview event themed "Born for More" was recently held at Leylaty Function Hall in Jeddah, Saudi Arabia. The event was attended by 64 members of the region's mainstream media including journalists and influencers from key newspap...
SWAP Energy closed its Pre-A Funding Round led by Kejora-SBI Orbit, advancing more partnerships and deployment of thousands of battery swapping stations in Jakarta and other cities.
JAKARTA, Indonesia, March 18, 2022 /PRNewswire/ -- SWAP Energy, Indonesia's first smart battery swapping network, announced the successful closing of a Series Pre-A funding led by Kejora-SBI Orbit, with participation from Baramulti Group, Living Lab Ventures (an affiliate of Sinar Mas Group), New...
Holland & Knight Advises Swire Pacific Limited on the Pending Sale of its Worldwide Offshore Support Vessels Business to Tidewater Inc.
NEW YORK, March 18, 2022 /PRNewswire/ -- Holland & Knight is advising Swire Pacific Limited on the pending sale to Tidewater Inc. (NYSE: TDW) of its equity interests in its wholly-owned subsidiary, Swire Pacific Offshore Holdings Limited, aSingapore headquartered worldwide offshore support vessel...
Ola Electric inducts former LG Chem Power CEO Prabhakar Patil onto its Board
BENGALURU, India, March 17, 2022 /PRNewswire/ -- Ola Electric, India's leading
manufacturer of EVs, has inducted onto its Board Dr.Prabhakar Patil, former
Chief Executive Officer of LG Chem Power.
Digital Transformation Takes Center Stage at Frost & Sullivan's MEASA Best Practices Awards
18 awards were presented to companies demonstrating excellence in leadership and innovation at the virtual awards ceremony MUMBAI, India, March 17, 2022 /PRNewswire/ -- At the 9th edition of Frost & Sullivan's Best Practices Awards for the Middle East, Africa, and South Asia (MEASA) region onMar...
Help Save Lives With HeadsUp! Helmet Safety Campaign
HO CHI MINH CITY, Vietnam, March 17, 2022 /PRNewswire/ -- Young people on motorbikes have become an icon of Southeast Asian streets. Scenes of students riding on scooters in the mornings as they make their way to schools depict a region that's striving to move forward towards a better future. Th...
Help Save Lives With HeadsUp! Helmet Safety Campaign
HO CHI MINH CITY, Vietnam, March 17, 2022 /PRNewswire/ -- Young people on motorbikes have become an icon of Southeast Asian streets. Scenes of students riding on scooters in the mornings as they make their way to schools depict a region that's striving to move forward towards a better future. Th...
ZTO Reports Fourth Quarter 2021 and Fiscal Year 2021 Unaudited Financial Results
22.3 Billion Annual Parcels Increased Market Share to 20.6% Adjusted Net Income Reached RMB4.9 Billion while Price Competition Cooled US$0.25 per Share Dividend Announced for 2021 SHANGHAI, March 17, 2022 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057), a leading and fast-gr...
Zoomlion Ramps Up Efforts to Strengthen Global Cooperation through BRI
CHANGSHA, China, March 16, 2022 /PRNewswire/ -- The China-proposed Belt and Road Initiative (BRI) has carved out a path for the world to consolidate economic cooperation by creating a platform for promoting multilateralism, inclusive growth, peace and cohesion. In line with the vision of BRI, Zoo...
Supply Chain Experts, FLS Group, Sends CEO's Business Card To The Edge Of Outer Space
CHONBURI, Thailand, March 16, 2022 /PRNewswire/ -- On 15th December 2021, FLS Group prepared for its new brand identity with an epic one-off delivery. As supply chain experts covering the globe with seamless logistics solutions, FLS launched its CEO's business card high above the earth – to th...
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