SINGAPORE – Media OutReach – 10 February 2023 – Arts & Crafts Singapore Pte. Ltd. (Managing Director: Shinnosuke Miyazaki) today announced that the company’s made-to-order wedding and engagement ring brand, ith, will be showcasing at The SingaporeBrides Wedding Fair on 25th and 26th February 2023.
SEOUL,
SOUTH KOREA – Media OutReach – 4 November 2020 –DHL Supply Chain, the global market leader in contract
logistics solutions has appointed Edmund Hsiung as Managing Director of
DHL Supply Chain South Korea. He has relocated to Seoul and will manage the
business operations across 11 facilities,
oversee business strategy, new business development, expansion and accelerate
digitalization projects across the country.
Alfred
Goh, President &
Representative Director, CEO Japan and Korea, DHL Supply Chain said, “Edmund has been a valuable
addition to DHL’s businesses with his strategic thought processes and vast
experience in business development and deal-making. As we endeavor to
further develop our business in the ever-changing and dynamic international
marketplace, Edmund’s astute vision and judicious management skills will bode
well for DHL especially amidst a challenging operating environment caused by
Covid-19. We are certain that his leadership excellence will help guide the
team forward to better serve our customers.”
A veteran
with over three decades of experiences in the logistics industry, Hsiung spent half
of that undertaking different portfolios in DHL Supply Chain and DHL Express,
both of which are entities under the Deutsche Post DHL Group. He was most
recently the Head of Strategic Partnerships for DHL Supply Chain in Asia
Pacific, where he was instrumental in driving key corporate
initiatives in the region, including a ten-year strategic partnership with SF Holding and a joint
venture with JG
Summit , one of the largest conglomerates in the Philippines,
to provide best-in-class transportation, warehousing and distribution
solutions.
Edmund Hsiung, the newly-appointed Managing Director, DHL Supply Chain
Korea said, “I am really looking forward to working with a wonderful and
experienced team to serve our customers in South Korea. It’s been an
extreme honor to be given this opportunity to lead and expand our business and to
further our reputation as the most innovative and customer-focused contract
logistics solutions company. I believe it is important to be a strategic
leader to challenge the status quo while staying true to our strategic focus on sharpening our core offerings and being adaptable
in managing disruptions to international supply chains.”
DHL – The logistics company for the world
DHL is
the leading global brand in the logistics industry. Our DHL divisions offer an
unrivalled portfolio of logistics services ranging from national and
international parcel delivery, e-commerce shipping and fulfilment solutions,
international express, road, air and ocean transport to industrial supply chain
management. With about 380,000 employees in more than 220 countries and
territories worldwide, DHL connects people and businesses securely and
reliably, enabling global sustainable trade flows. With specialized solutions
for growth markets and industries including technology, life sciences and
healthcare, engineering, manufacturing & energy, auto-mobility and retail,
DHL is decisively positioned as “The logistics company for the world”.
DHL is part of Deutsche Post DHL Group. The Group generated revenues of
more than 63 billion euros in 2019. With sustainable business practices and a
commitment to society and the environment, the Group makes a positive
contribution to the world. Deutsche Post DHL Group aims to achieve
zero-emissions logistics by 2050.
SINGAPORE – Media OutReach – 9 November
2020 – According to the analysts of the international financial group UnaFinancial, neobanks in the Philippines will serve 51.4 million customers by
2025. At the same time, their cumulative loan portfolio will amount to $15
billion and the number of active deposit accounts will reach 10 million.
The audience of neobanks includes the entire
population of the country aged 20-64. According to the data, there will be about 65.7 million (56.2%) people of this age in the
Philippines in 2025. By this time, the population will have nearly 100% access
to the Internet and mobile connection, so the technological restrictions on the
use of fintech services have not been taken into account.
In the study, the following groups were subtracted
from the total of 65.7 million: low-income and unemployed population (-3.9
million), high-income citizens with
little interest in financial services (-3.2 million), loyal customers of
traditional financial institutions (-3.0 million), citizens with low
technological literacy (-0.7 million), population with low interest in financial services (for
instance, due to low financial literacy, -2.0 million), other irrelevant
categories (-1.5 million). As a result, the target audience was reduced to 51.4
million potential clients,
who make up almost half of the country’s population. This figure correlates
with the number of adult Filipinos (51.2 million) who remain unbanked.
At the same time, there is a growing share of
consumer loans in the country’s economy. The big demand for borrowings, the
economic stabilization and the development of neobanking will lay the
foundation for a long-term digital transformation of the financial sector in
the Philippines. The expansion of the neobank industry may increase the share
of consumer loans to GDP to 12-15% in 2025. The rapid inclusion of the
population from non-capital regions and the gradual growth of their incomes
will allow the market to reach $15 billion, which is a 20% share in the total
volume of consumer loans in the Philippines. In terms of deposits, with more
attractive conditions, neobanks will easily get clients from traditional banks,
gaining 10 million active accounts in the next 5 years. These estimates suggest
active inclusion of the young tech-savvy generation as well.
Sergey Sedov, Chief
Executive Officer of UnaFinancial, commented: “Certainly, it will take time to
realize the neobanks’ customer potential in the Philippines, but in the next
one or two years, there will be millions of real clients. For instance, today,
at least 8 million of such citizens live in 500 cities that are not covered by
bank branches. This population, as well as people from other segments including
informal workers, youth and applicants rejected by banks, will provide a
sufficient basis for the rapid growth of neobanks in the Philippines.”
About:
Headquartered in Singapore, UnaFinancialis a group of companies, which provides
fintech services in 8 markets of Asia and Europe. Founded by entrepreneur
Sergey Sedov in 2013, the group focuses on micro-consumer lending, marketplace
funding and development of software. All products of the group are built
completely in-house using artificial intelligence, machine learning and
data-driven technologies to provide precise and comprehensive risk management,
comfort and speed for customers and efficiency for business. For the time of
operation, the group has served more than 11 million customers and provided
financing in the amount of 800 million USD.
