ZTO to Announce Second Quarter and Half-Year Interim Financial Results of 2024 on August 20, 2024 U.S. Eastern Time
SHANGHAI, Aug. 2, 2024 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057) ("ZTO" or the "Company"), a leading and fast-growing express delivery company in China, today announced that it will release its unaudited financial results for the second quarter ended June 30, 2024 and its unaudited interim financial results for the half year ended June 30, 2024, after the U.S. market closes on August 20, 2024. ZTO's management team will host an earnings conference call at 8:30 P.M. U.S. Eastern Time on Tuesday, August 20, 2024, which is 8:30 A.M. Beijing Time on Wednesday, August 21, 2024. ZTO provides express delivery service as well as other value-added logistics services through its extensive and reliable nationwide network coverage in China. AdvertisementZTO operates a highly scalable network partner model, which the Company believes is best suited to support the significant growth of e-commerce in China. The Company leverages its network partners to provide pickup and last-mile delivery services, while controlling the mission-critical line-haul transportation and sorting network within the express delivery service value chain.
Source:Manila Times
August 02, 2024 16:45 UTC
WATCH: PCG: Oil spill in Bataan under control; siphoning operations ongoing
Local Government Secretary Benhur Abalos leads a briefing on the updates regarding the damage caused by the oil spill in Bataan. Also in the meeting at the Office of the Civil Defense in Camp Aguinaldo, Quezon City, on Aug. 2, 2024 were the Philippine Coast Guard and government agencies concerned. According to the PCG, the oil spill in Limay, Bataan was under control but the metal valves need to be replaced to ensure that the oil from inside the tanker can be siphoned off to stop a discharge into the ocean. VIDEO BY ISMAEL DE JUANGet the latest newsdelivered to your inbox Sign up for The Manila Times newsletters By signing up with an email address, I acknowledge that I have read and agree to the Terms of Service and Privacy Policy
Source:Manila Times
August 02, 2024 16:43 UTC
Philippines, Japan militaries hold first joint exercises in South China Sea
Armed Forces of the Philippines Chief of Staff General Romeo Brawner (L) shakes hands with Yoshihide Yoshida, Chief of Staff, Joint Staff of Japan's Self Defense Force prior to a 2+2 meeting at a hotel in Manila on July 8, 2024. (AFP)The Philippines and Japan held their first joint military exercises in the South China Sea on Friday, the Philippine armed forces said, in the latest collaboration between countries that have pushed back against China's regional assertiveness. The drills, which took place within the Philippines' exclusive economic zone, followed similar exercises between Manila and Washington on Wednesday. The Philippines and Japan, both U.S. allies, last month signed a landmark military pact allowing deployment of forces on each other's soil. But it has a separate maritime dispute with China in the East China Sea, where the neighbors have repeatedly faced off.
Source:The Standard
August 02, 2024 14:34 UTC
Mega Matrix Announces $1.5 Million Private Placement
The closing of the private placement is expected to occur on or about, subject to the satisfaction of customary closing conditions. H.C. Wainwright & Co. is acting as the exclusive placement agent for the private placement. Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements that are purely historical are forward looking statements that include, but are not limited to, statements related to the completion of the private placement, the satisfaction of customary closing conditions related to the private placement and the intended use of proceeds therefrom. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release.
Source:Manila Times
August 02, 2024 14:26 UTC
‘Habagat’ to bring weekend rains to western Philippines
The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said the southwest monsoon, locally known as “habagat,” may affect the western parts of the country through the weekend. READ MORE: https://mb.com.ph/2024/8/2/habagat-to-bring-weekend-rains-to-western-philippines-pagasaSubscribe to the Manila Bulletin Online channel! - https://www.youtube.com/TheManilaBulletinVisit our website at http://mb.com.phFacebook: https://www.facebook.com/manilabulletinTwitter: https://www.twitter.com/manila_bulletinInstagram: https://instagram.com/manilabulletinTiktok: https://www.tiktok.com/@manilabulletin#ManilaBulletinOnline#ManilaBulletin#LatestNews
Source:Manila Bulletin
August 02, 2024 12:40 UTC
The 4th Hong Kong Brands and Products Shopping Festival begins today, free admission to celebrate Olympic results
The four-day Hong Kong Brands and Products Shopping Festival kicked off at the AsiaWorld-Expo on Friday. To celebrate the achievements of Hong Kong athletes in the Paris Olympics, everyone can enter for free today. The venue has over 250 indoor stalls, divided into six themed exhibition areas, selling various products such as seafood, cooking utensils, health products, and fruits. The opening hours of the shopping festival are from 10.30 am to 7 pm. The adult ticket price is HK$10, while children with a height of 1 meter or less, seniors aged 65 or above, and people with disabilities can enjoy free admission.
Source:The Standard
August 02, 2024 04:24 UTC
People management a focal point at 30th National Retail Conference
People management a focal point at 30th National Retail ConferenceMANILA, Philippines — The Philippine Retailers Association (PRA), through the National Retail Conference and Expo (NRCE) organizing committee, is offering sessions designed to tackle issues on effective people management and forging relationships that benefit both employees and the company. At the 30th National Retail Conference and Expo (NRCE) slated on Aug. 29 to 30 at the SMX Convention Center Manila, the NRCE committee recognizes that amid rapid technological advancements across all fronts, many companies often overlook their most crucial asset – their people. One of the key sessions, “Champion Mindset in Developing Dynamic Retail Teams,” will explore practical strategies for cultivating a champion mindset within retail teams. Dr. Maria Luisa Guinto, an associate professor and sports psychologist from the University of the Philippines-Diliman, will complement Sangalang’s insights by delving into the psychological aspects of building and maintaining a champion mindset. Her expertise will provide a deeper understanding of the psychological resilience and strategies necessary for consistent performance excellence in retail and beyond.
Source:Philippine Star
August 02, 2024 00:09 UTC
Zero absorption equals floods
Zero absorption equals floodsLast Monday, I passed by the San Francisco del Monte district in Quezon City, and I was surprised that the Grab driver took a different route, avoiding the road along a creek. Imagine how much worse the situation would have been if San Miguel Corporation had not voluntarily undertaken the river dredging and clean-up of the Pasig River system, Tullahan River, Bulacan River system, San Juan River, as well as the San Isidro River in San Pedro, Laguna. According to published data of SMC, the Pasig River clean-up was 26 kilometers long and produced 1,185,207 metric tons of waste and silt. The Bulacan River system was 70.36 kilometers in length and had 4,041,523 metric tons of waste and silt removed by SMC. The perennial headache Tullahan River is 10.9 kilometers with 1,124,183 million metric tons.
Source:Philippine Star
August 01, 2024 18:31 UTC
Marcos urged to get all education agencies 'on the same page'
Marcos urged to get all education agencies 'on the same page'MANILA, Philippines — The country's learning crisis has become so pervasive at all levels that different agencies need to consolidate their policies to drive effective reforms, according to a congressional body tasked with reviewing the education system. Senators serving as commissioners of the Second Congressional Commission on Education (EDCOM 2) on Tuesday filed a concurrent resolution urging President Ferdinand Marcos Jr. to create a "cabinet cluster" to unify the current fragmented implementation of education policies and reforms. EDCOM 2 is pushing for the creation of a cabinet cluster composed of the three main education agencies: the Department of Education (DepEd), the Commission on Higher Education (CHED) and the Technical Education and Skills Development Authority (TESDA). Why unify different education agencies? In its Year One report, the congressional body pointed out that since the "trifocalization" or separation of education agencies into DepEd, CHED and TESDA in the 1990s, there has been a "lack of effective coordination among education agencies toward agreed-upon goals."
Source:Philippine Star
August 01, 2024 17:28 UTC
Why the Chinese economy is still rather resilient?
BEIJING, Aug. 1, 2024 /PRNewswire/ -- A news report by China.org.cn on China's economy: Why the Chinese economy is still rather resilient? But judging byeconomic data from the first six months of 2024, there's still considerable resilience ineconomic development, and the Chinese economy will maintain a positive trajectory over the long run. Given the relatively weak momentum in the global economy, the frequent frictions in international trade, and insufficient domestic demand in China, the overall stable performance of China's economy bears testament to the resilience of the Chinese economy. These have powerfully endorsed the pleasing performance of China's economy. AdvertisementChina Mosaichttp://chinamosaic.china.com.cn/index.htmWhy the Chinese economy is still rather resilient?
Source:Manila Times
August 01, 2024 14:27 UTC
Privacy watchdog records near 90pc increase in scams targeting personal data
The Office of the Privacy Commissioner for Personal Data (PCPD) announced on Thursday that for the first half of 2024, they have recorded a near 90 percent increase in fraudulent activity targeting the personal data of the inquirers. During the first half of 2024, the PCPD received nearly 600 inquiries relating to fraudulent activities targeting the personal data of the inquirers, which represented an increase of almost 90 percent compared to 312 cases year-on-year. The PCPD also noted a surge in various types of scams, all of which aimed at swindling money along with personal data out of citizens. Fraudsters also obtain victims’ biometric data, such as their facial images and voice, through social media, video calls, or online public footage to create videos using deepfake technology and impersonate victims’ friends, relatives, or colleagues to swindle money along with personal data. To illustrate that it is easy to produce fake videos in the AI era, the Privacy Commissioner for Personal Data, Ada Chung Lai-ling, also recorded a video demonstrating instant face swapping through AI deepfake technology.
Source:The Standard
August 01, 2024 14:15 UTC
At least 30 dead, 35 missing after torrential rains: China state media
At least 30 people are dead and 35 are missing in central China, state media reported Thursday, following days of torrential rain that lashed the country earlier this week. The downpours were triggered by Typhoon Gaemi, which moved on from the Philippines and Taiwan to make landfall in eastern China a week ago, with hilly, landlocked Hunan province hit particularly hard. On Thursday, state broadcaster CCTV said that "the roads, electricity and communications in eight towns in Zixing city that were most severely affected by Typhoon Gaemi have basically opened". "Initial findings show that there have been 30 deaths and 35 are missing," the report said, adding that search and rescue efforts were still ongoing. On Tuesday Xinhua said four people had been killed and three people were missing in Zixing.
Source:The Standard
August 01, 2024 12:17 UTC
Visitor surge in H1 2024 with 700,000 convention tourists staying overnight: HKTB
About 21 million visitors arrived in Hong Kong in the first half of 2024, representing a 64 percent increase year-on-year, with overnight visitors accounting for 50 percent of all arrivals during the period. HKTB said the city has received 700,000 meetings, incentives, conventions and exhibitions (MICE) tourism sector travelers, making MICE travel the fastest-recovering visitor segment in Hong Kong. Each overnight MICE visitor spent an average of HK$8,000, which is about 20 to 30 percent higher than the average per capita spend of all inbound overnight visitors. MICE visitors also stayed in Hong Kong for 3.7 nights on average, higher than the average of 3.2 nights for overnight visitors. The events are anticipated to attract approximately 1.7 million visitors to Hong Kong, bringing HK$7.2 billion in consumption revenues and adding approximately HK$4.3 billion to the local economy.
Source:The Standard
August 01, 2024 11:04 UTC
Typhoons forming closer to coast due to climate change — study
SINGAPORE, Singapore — Typhoons in Southeast Asia are forming closer to coastlines, intensifying more rapidly and lasting longer over land due to climate change, according to a joint scientific study released on Wednesday. Coastal communities and cities like Hai Phong in Vietnam and the Thai capital Bangkok are "facing unprecedented threats from longer lasting and more intense storms", a statement about the study said. Published in the peer-reviewed Nature partner journal Climate and Atmospheric Science, the study "highlights significant changes in tropical cyclone behaviours in Southeast Asia". It added that climate change, which has caused ocean waters to warm, can alter the paths of tropical storms in the region, home to more than 650 million people. "There were two takeaways: First, we should be acting to reduce emissions, so we can curb the impacts of future storms," Andra said.
Source:Philippine Star
August 01, 2024 10:03 UTC
Flood control
The MMDA, in collaboration with the DPWH, is currently implementing the Metro Manila Flood Management Project, which involves the rehabilitation of existing pumping stations and construction of new ones. The MMDA chief attributed the massive flooding in NCR to improper waste management practices that affect waterways and clog the drainage system. The problem of flooding must be addressed, not just through the government’s flood management projects, but also through the discipline of the public in their respective waste management efforts,” Artes stressed. Additionally, the MMDA has initiated community-based solid waste management programs that include strategies targeting changes in people’s behaviors and practices in solid waste management introduced to various barangays. Addressing Metro Manila’s perennial flooding problem requires a multifaceted approach that includes upgrading infrastructure, improving waste management practices, and fostering community cooperation.
Source:Philippine Star
August 01, 2024 08:56 UTC