MINISO LAUNCHES FLAGSHIP STORE IN TIMES SQUARE, NEW YORK


KUALA LUMPUR, May 23 (Bernama) — Lifestyle retailer MINISO opened its new global flagship store at New York’s iconic Times Square, marking a major milestone in the brand’s history, on May 19.

According to MINISO in a statement, the new store brings its signature joyful attitude and fun, affordable, well-designed products straight to the heart of one of the world’s most famous shopping districts.

“Establishing a presence in one of the world’s most recognisable commercial and culture destinations allows us to effectively reach new audiences on a daily basis, introducing our fun, quality products to the hundreds of thousands of New Yorkers and tourists who pass through these streets every single day,” said MINISO Founder and Chief Executive Officer, Jack Ye.

Located on the first floor of 5 Times Square, the new flagship has a bright and clean look, with the eye being drawn to MINISO’s licensed collections with some of the world’s best-known intellectual property owners.

From Sanrio to We Bare Bears, the licensed collections are just some of the 2,500 products on offer in the new store, laid out across ten dedicated product zones, including blind box collectibles, toys, plushies, fragrances, accessories, makeup tools, snacks, electronics as well as gifts & stationery.

The diverse range of products and MINISO’s engaging shopping experience proved a hit, with the store generating nearly US$80,000 in sales over the course of the opening day, setting a new single-day sales record among all stores globally. (US$1=RM4.54)

The opening of the new flagship in Times Square this year, the brand’s 10th anniversary year, comes shortly after the announcement of a new global strategy, which aims to transform MINISO into a lifestyle super brand.

The Times Square new flagship store not only promises to boost this transformation, but also showcases MINISO’s strong commitment to establishing a thriving presence in the United States (US) market. With over 70 stores and a dedicated team of local staff, the US market has emerged as MINISO’s top-performing overseas market for two consecutive quarters.

Looking ahead, MINISO will maintain a steadfast focus on product innovation and store operations, delivering a treasure-hunt shopping experience for customers with an array of captivating licensed collection zones within its stores, and has also set ambitious goals to surpass 100 stores in the US by the end of 2023.

Since its founding in 2013, MINISO has won fans across 106 markets with more than 5,514 stores to date, attracting over one billion customers globally, and the new flagship ensures that the brand will be able to reach even more customers from even more corners of the globe.

— BERNAMA

OMRON HEALTHCARE CELEBRATES 50 YEARS OF BLOOD PRESSURE MONITOR HISTORY

AsiaNet 100094

KYOTO, Japan, May 23, 2023 /Kyodo JBN-AsiaNet/ —

OMRON Healthcare Co., Ltd. (hereinafter referred to as the Company) based in Muko City, Kyoto Prefecture, Japan, is proud to announce the celebration of its 50th anniversary in blood pressure monitor production this year. Since the introduction of its first manual and manometer-type blood pressure monitor in 1973, the Company has continuously improved and produced accurate and user-friendly blood pressure monitors. To date, the Company has sold over 350 million units in more than 110 countries worldwide.

Logo: https://kyodonewsprwire.jp/img/202305165636-O5-THg59uEz

The Company has always believed in the importance of home blood pressure monitoring, even when blood pressure readings could only be obtained at medical facilities. In 1991, the Company launched the world’s first automated blood pressure monitor with fuzzy logic technology (*) for greater accuracy and ease of use than manual monitors. In parallel with the advancement of blood pressure monitors, the Company worked continuously to improve and developed the pre-formed cuff that the user can wrap around his/her arm securely and easily. Moreover, the Company has been focusing on enhancing usability and measurement accuracy by expanding the range of support functions to ensure that the user maintains the correct measurement posture.
(*) Automatic pressure-setting function

Image1: The first blood pressure monitor: HEP-1
https://kyodonewsprwire.jp/img/202305165636-O1-9z3sXW19

Image2: The world’s first fuzzy logic automatic blood pressure monitor: HEM-706
https://kyodonewsprwire.jp/img/202305165636-O6-uDd2KOhG

In addition, the Company has worked to raise awareness of the importance of home blood pressure monitoring among medical professionals by developing and distributing the accurate and clinically validated devices. The Company supported the Ohasama Study, which was started in 1986 in Ohasama, Iwate Prefecture, by providing around 300 units of OMRON blood pressure monitors for use in the research. Ohasama was notable for high and increasing incidence rates of cardiovascular diseases due to the area’s cold climate. To counter this problem, public health nurses worked to improve the community’s health by having its residents measure their blood pressure at home and advising them based on their self-measured day-to-day blood pressure data. This study continued for more than 35 years and its findings, which confirmed the benefits of home blood pressure monitoring, have been incorporated into hypertension management guidelines issued in various countries.

The Company has continued to pursue the challenge of adopting digital technology for blood pressure management. In 2010, the Company launched a health management service, WellnessLINK, on the Japanese market. The smartphone app for health management, OMRON connect, is now available in more than 140 countries. Moreover, in 2020, the Company launched a remote patient monitoring service in the U.S. This service enables users to share their blood pressure readings at home with physicians, promoting cardiovascular disease management before it worsens. The Company has expanded its business scope by manufacturing and distributing a range of products and services that support hypertension treatments.

The Company is also committed to developing innovative devices. These developments include the world’s first clinically accurate wearable blood pressure monitor, HeartGuide, and an upper-arm blood pressure monitor with built-in electrocardiogram (ECG) technology to facilitate the early detection of atrial fibrillation, a known risk factor for cardiogenic brain embolism.

Image3: Wearable blood pressure monitor: HCR-6900T-M
https://kyodonewsprwire.jp/img/202305165636-O3-gUNRLxNb

Image4: Upper-arm blood pressure monitor with ECG: HCR-7800T
https://kyodonewsprwire.jp/img/202305165636-O4-Bu8sRho7

“This year, we are celebrating the 50th anniversary of the launch of OMRON blood pressure monitors,” said Ayumu Okada, President and CEO of OMRON Healthcare Co., Ltd. “On this occasion, I would like to express my heartfelt appreciation to all our valued customers for their continuing support of our blood pressure monitors. Cerebro-cardiovascular diseases are known to be the leading cause of death globally, and as populations in many countries continue to age, the number of patients suffering from these diseases is expected to increase even more. We remain committed to fulfilling the vision of ‘Going for ZERO’ (achieving zero cerebro-cardiovascular events). Going forward, we will continue contributing to extending healthy life expectancy for people around the world by introducing devices and services tailored to solving health-related issues.”

History of blood pressure monitor development
For the detailed information of the Company’s achievements and the future vision for realizing the vision of zero cerebrovascular and cardiovascular events, please visit here:
https://healthcare.omron.com/healthcare-solutions/cardiovascular-health/300-million/our-journey/history-of-home-bpm


Source: OMRON Healthcare Co., Ltd.

SECOND ASEAN-CHINA ONLINE INFLUENCERS CONFERENCE HELD IN CHINA’S FUZHOU

Second ASEAN -China Online Influencers Conference Held in China's Fuzhou (Photo: Business Wire)

Second ASEAN -China Online Influencers Conference Held in China’s Fuzhou (Photo: Business Wire)

BEIJING, May 23 (Bernama-BUSINESS WIRE) — The Second ASEAN-China Online Influencers Conference was held in Fuzhou, China on May 19th. Themed “Meet in the Blessed Land across Mountains and Seas”, the event brought together over 60 distinguished guests, including diplomatic envoys, online influencers, and media representatives from the ten ASEAN. The conference focused on digital economy, culture and tourism, and influencer economy, with an aim of sharing the achievements of China-ASEAN cooperation and discussing future cooperation and development. The event was livestreamed and watched by over 14 million people.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230522005321/en/

During a roundtable forum, diplomatic envoys from China and ASEAN countries, as well as online influencers, shared and exchanged views on the following three topics: “Decade of Prosperity,” “Envoys of Cultural Exchanges,” and “Shared Opportunities in the Digital Era”.

Aiming to further strengthen economic and trade development and people-to-people and cultural exchanges between China and ASEAN countries, and promote China-ASEAN cooperation to a new level, this event was co-hosted by China Public Diplomacy Association, ASEAN-China Center, Global Times Online, Fujian Provincial Department of Commerce, The Foreign Affairs Office of Fujian Provincial People’s Government and Fuzhou Gucuo Group Co., Ltd.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20230522005321/en/

Contact

Company: China Public Diplomacy Association
Contact Person: Yu Jiayi
Email: yujiayianny@126.com
Website: http://www.chinapda.org.cn/eng/
Telephone: 18001026933

Source : China Public Diplomacy Association

10 Big Challenges For Passenger Aviation Sustainability For Next 3 Years – Avia Solutions Group Chairman

KUALA LUMPUR, May 22 (Bernama) — In recent years, ensuring sustainable operations has become a primary driver for aviation businesses, and yet this dynamic industry faces a multitude of challenges that can impede companies’ efforts to enhance profitability.

In a statement, Avia Solutions Group Chairman, Gediminas Ziemelis said the aviation industry has experienced a significant drop in demand for air travel, resulting in many airlines facing financial losses, in recent years and has highlighted 10 big challenges for passenger aviation sustainability for the next three years.

To stay afloat during this time, airlines have taken on additional debt, but this increased debt has resulted in higher risk for lenders, leading to higher market interest rates for the airlines.

In addition to the impact of the pandemic on the industry, other factors such as rising fuel costs and increased competition have also contributed to the financial struggles of many airlines.

Another challenge passenger aviation face is compensations for flight delays will impact airlines’ unplanned costs. In 2019, EU airlines carried a total of 1.12 billion passengers, with 1.7 million flights experiencing delays and resulting in a total compensation pay-out of €6.3 billion. Only 10 per cent of affected passengers currently file complaints directly with the airlines or via specialised service companies. (€1 = RM4.90)

In addition, LEAP engines challenges will impact more aircraft on the ground and shortage of capacity, while Original Equipment Manufacturer (OEM) production and supply chain disrupted during 2023-2025 will cause a shortage of aircraft capacity.

The COVID-19 pandemic has had a profound impact on the aerospace industry with OEMs such as Boeing and Airbus have experienced significant disruptions in their production and supply chains.

The aviation industry also faces a constant demand for new pilots, as approximately three per cent of pilots retire annually. However, the COVID-19 pandemic has caused a major setback in the industry, with all cadet programmes being either postponed or cancelled causing pilot shortage and rapid increase in costs for airlines.

Another challenging situation in the industry after COVID-19, has pushed airlines to take on additional debt to finance various aspects of their operations, such as spare parts, maintenance, repair and overhaul (MRO) services, and aircraft leasing.

However, the increase in outstanding debt for the industry could have significant implications, with some airlines potentially struggling to pay off their debts, which could result in a reduction in capacity as airlines are forced to ground some of their aircraft or cut routes to minimise costs.

— BERNAMA

​FUJIAN DELEGATION VISITS SINGAPORE FOR ECONOMIC, TRADE AND CULTURAL EXCHANGES

FUZHOU, China, May 19, 2023 /Xinhua-AsiaNet/–

From May 15 to 17, Zhou Zuyi, Secretary of Fujian Provincial Committee and Chairman of the Standing Committee of Fujian Provincial People’s Congress led a delegation to Singapore, according to the Information Office of Fujian Provincial People’s Government.
 
Acting on the important consensus reached by the state leaders of China and Singapore, the delegation organized extensive activities to promote business cooperation and cultural exchanges, and visited Fujian communities. With the aim of deepening friendship and upgrading the cooperation between Fujian and Singapore, the visit sought to tap into the strengths of both sides and achieve win-win outcomes.
 
Singapore is a major destination for Fujian migrants in the past few centuries, and one of the first countries to participate in Fujian’s opening up and development after the implementation of China’s reform and opening up policy. At present, around 1.63 million overseas Chinese in Singapore are of Fujian origin.
 
With geographical proximity and cultural affinity, Fujian and Singapore have maintained frequent exchanges in various fields. After China and Singapore established diplomatic relations in 1990, Fujian-Singapore cooperation has gained a stronger momentum in the fields of science and technology, education, health, culture and tourism, adding impetus to the development of both sides.
 
In 2022, two-way trade between Fujian and Singapore amounted to 27.14 billion Chinese yuan, an increase of 36.8% year-on-year. By the end of 2022, Singapore had invested in 1,833 projects in Fujian Province, with a total contractual investment of USD11.87 billion.
 
In 1821, the first Chinese junk boat to sail directly from China to Singapore departed from Xiamen, Fujian Province. Since then, Fujian and Singapore have enjoyed increasingly frequent economic and trade cooperation and people-to-people exchanges.
 
Economic and trade cooperation have brought Fujian and Singapore closer in economic ties. The Department of Commerce of Fujian Province and the International Enterprise Singapore and other institutions jointly held a series of promotional events such as the China (Fujian)-Singapore Symposium on Economic, Trade, and Financial Cooperation in 2023, and the Summit for International (SG-CN Fujian) Technology Enterprises Cooperation in 2022. These events served to encourage leading Singaporean enterprises in electronics, information technology, and petrochemical sectors to leverage their advantages in capital, technology, equipment and products and establish operations in Fujian, thus driving related industries in Fujian toward higher-quality development and further enhancing economic and trade cooperation between Fujian and Singapore.
 
Source: The Information Office of Fujian Provincial People’s Government 

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