News related to
growth

Achieving the highest rating for LEED, WELL, and LOTUS; Bringing into society architecture that integrates environmental performance and human wellbeing in response to Vietnam’s growing air quality consciousness

HCMC, VIETNAM – Media OutReach Newswire – 12 March 2026 – Nikken Sekkei Ltd announces that Daikin Air Tower, Daikin’s new head office building in Ho Chi Minh City, Vietnam conceptualized and designed by Nikken Sekkei, achieved the highest Platinum rating for LEED, the global environmental certification, and WELL, the global health certification, as well as LOTUS, Vietnam’s national environmental certification. This is the world’s first building to attain Platinum across all three certification systems.

As Ho Chi Minh City undergoes rapid economic growth, awareness is rising around air quality challenges driven by particulate matter (PM) including PM2.5 generated by increasing traffic and construction projects. In such a situation, protecting the health of people working in urban areas and delivering a safe, comfortable indoor environment has become one of the most critical themes in architectural design in Vietnam.

To address these challenges, this project has achieved the goal of “responding to Vietnam’s air quality with Daikin’s technology.” Adopting Daikin’s advanced air conditioning technology throughout the building, the project achieves both enhanced indoor quality and significant energy savings, realized through purposeful architectural approaches such as heat-insulating glass facades and reuse of rainwater, as well as naturally lit workspaces and clean indoor air systems. The building also incorporates a real-time monitoring system for tracking both energy consumption and indoor environmental quality. By pursuing a sustainable and comfortable office environment through both hardware and software solutions, the project achieved the highest Platinum rating across three certifications: LEED (v4 BD+C – Building Design and Construction), an international environmental certification for buildings and cities; WELL (v2 pilot), an international certification focused on human health and wellbeing; and LOTUS (New Construction v3), an environmental certification by the Vietnam Green Building Council.

For details, please visit:
https://www.nikken.jp/en/news/press_release/2026_03_12.html

Hashtag: #NikkenSekkei

The issuer is solely responsible for the content of this announcement.

About Nikken Sekkei

URL：https://www.nikken.jp/en/

Following the acquisition, Zuellig Pharma will now own the trademarks, marketing authorizations and license manufacturing know-how for Cialis^®, a treatment for erectile dysfunction (ED) and benign prostatic hyperplasia (BPH), in 11 markets in Asia, with the expansion of its ownership into three additional markets beyond the original eight. Zuellig Pharma will also continue to promote and distribute the brand in these markets.

The expanded ownership of Cialis^® will widen accessibility of the drug to a significant population of men in Asia who are affected by ED and BPH. The acquisition also aligns with Zuellig Pharma’s strategic priority of building a strong portfolio of owned prescription healthcare products as an integrated healthcare solutions company.

“Our acquisition of Cialis^® in three additional markets builds on the strong foundation we established two years ago and highlights our proven success in scaling trusted brands effectively through our commercial capabilities and deep expertise. As we broaden our footprint, we remain focused on delivering sustainable growth and advancing our purpose of making in-demand healthcare solutions more accessible to communities in Asia,” said John Graham, CEO of Zuellig Pharma.
Hashtag: #ZuelligPharma #EliLillyandCompany #Cialis #MensHealth #Healthcare #Pharmaceuticals

https://www.zuelligpharma.com/
https://www.linkedin.com/company/zuellig-pharma

The issuer is solely responsible for the content of this announcement.

About Zuellig Pharma

Zuellig Pharma is a leading healthcare solutions company in Asia, and our purpose is to make healthcare more accessible to the communities we serve. We provide world-class distribution, commercialization, and clinical trial support services, underpinned by a strong culture of innovation to support the growing healthcare needs in this region. The company was founded a hundred years ago and has grown to become a multibillion-dollar business covering 18 markets with over 12,000 employees. Our people serve more than 200,000 medical facilities and work with over 450 clients, including the top 20 pharmaceutical companies in the world.

The meeting was part of Indonesia‘s ongoing engagement with international partners to strengthen mutual understanding of sustainable forest management and the governance framework underpinning Indonesia‘s forest-based industries, including the emerging biomass sector.

Ade Mukadi, Director of Forest Product Processing and Marketing Development at the Ministry of Forestry, emphasized that Indonesia continues to strengthen its forest governance architecture to ensure that forest utilization is conducted responsibly and in accordance with national regulations and sustainability principles.

“Indonesia has established a comprehensive forest governance framework that integrates legality assurance, sustainability standards, and independent verification. We continue to enhance this system to ensure transparency, accountability, and supply chain integrity,” Ade stated.

Tokyo Gas and Hanwa are buyers of wood pellets produced by PT Biomasa Jaya Abadi (PT BJA), which operates in Pohuwato Regency, Gorontalo Province. Tony Rianto, Head of the Sub-Directorate for Forest Product Certification and Marketing, explained that Indonesia‘s forest governance system is guided by four key pillars: sustainable forest management that balances ecological, social, and economic functions; transparency and accountability; regulatory compliance; and respect for indigenous peoples and local communities.

Central to this framework is Indonesia‘s Timber Legality and Sustainability Verification System (SVLK), a national assurance system ensuring that forest products originate from legal and sustainably managed sources. The system covers the entire supply chain—from harvesting and transportation to processing and export—and is implemented through independent verification bodies accredited to audit forest operators, industries, and exporters.

Furthermore, Indonesia continues to enhance the system in line with evolving global market expectations, including the development of geolocation-based monitoring at harvesting sites and the digitalization of transport and export documentation.

These measures are designed to strengthen traceability and support compliance with emerging international due diligence requirements, such as the European Union Deforestation Regulation (EUDR).

During the meeting, discussions also covered Indonesia‘s forest utilization planning framework, including the Annual Work Plan (RKT), which regulates harvesting activities under approved long-term forest management plans and incorporates biodiversity safeguards and conservation measures.

The Ministry reaffirmed that forest utilization activities are subject to rigorous regulatory oversight and monitoring mechanisms to ensure compliance with environmental safeguards and sustainable forest management practices.

The meeting followed an earlier discussion between Tokyo Gas and Hanwa and the Pohuwato Regency Government on Monday (March 2). Regent Syaiful A.

Mbuinga confirmed that PT BJA has fulfilled all licensing requirements, operates legally, and contributes to the local economy by employing more than 1,500 workers.

Investment in Pohuwato, including from PT BJA, has contributed to regional economic growth of around 9%, with the local government maintaining strict oversight of investment activities in the region.

Hashtag: #TirtoIndonesia

The issuer is solely responsible for the content of this announcement.

Industry insights indicate that ride-hailing platforms are gradually expanding beyond core passenger transport, with increased focus on predictive safety capabilities, AI-enabled customer support, embedded payment systems, and more structured regulatory engagement.

MANILA, PHILIPPINES – Media OutReach Newswire – 11 March 2026 – 2026 may be the year that more ride-hailing apps will expand their operations to become mobility superapps, according to industry experts who have analyzed the movements of multiple apps across the board. The analysis suggests that this shift will be driven by multi-service bundling, predictive safety features, boosted AI integration, cashless payment options, and coordination with regulators.

“Our global market review found that the way forward for ride-hailing platforms is to evolve into mobility superapps,” Evgenia Matrosova, inDrive Chief Ride-Hailing Officer, said. “Users want convenience more than anything, where diverse mobility solutions, proactive safety functions, and seamless digital payments can all be found in one platform. Integrated services won’t just push innovation forward; they signify reliability and flexibility on the road and beyond.”

#1 Ride-hailing apps may begin venturing into adjacent services.

More ride-hailing apps may begin expanding into adjacent mobility services this year due to an increase in global demand for integrated transport services. For instance, market intelligence firm Sensor Tower listed inDrive and other ride-hailing platforms among the most downloaded travel apps in 2025—revealing global demand for their expansion into adjacent travel services.

Zooming into the platforms’ service expansion, industry experts are optimistic about the potential in food delivery. Data shows that restaurants worldwide are considering working with delivery platforms that offer them more control over their profit margins.

A separate Ken Research study also revealed that online travel booking has also enjoyed similar local growth, with a projected revenue of Php 50 billion. This could boost pre-booked airport pickups’ popularity, with travelers viewing this as a much-needed convenience.

These all reveal one thing: the lines between passenger transport and adjacent mobility services are beginning to blur. Thus, ride-hailing apps may begin venturing into adjacent mobility services to create an all-in-one experience for users.

#2 Safety systems are slowly shifting from protection to prediction

At present, in-app safety features are often limited to real-time monitoring, emergency hotline buttons, and a speed dial to the platform’s 24/7 support. However, industry experts forecast that ride-hailing apps may begin using AI-powered analytics and risk modeling for predictive road safety measures.

For instance, the Forum of European National Highway Research Laboratories says that AI can collect traffic data, weather feeds, and other key information to predict collisions and recommend alternate routes. Predictive safety features like this can help ride-hailing apps move past interventionary measures and proactively protect their drivers and passengers.

#3 AI to enhance the in-app customer experience

Industry experts also say that mobility services may continue leveraging AI to improve customer experience. There are also early indicators that ride-hailing apps may experiment with using human-like AI voices in their customer support systems. AI may also be used in developing personal mobility agents that manage drivers’ schedules and earnings and intervene during emergencies.

With ride-hailing platforms considering venturing into food delivery, they may use AI to simulate customer interactions. Large language models can simulate dialogue-based ordering, allowing users to verbally dictate their orders or send them via chat platforms like WhatsApp. Not only would this speed up the delivery process, but it would also cater to users who prefer personal interactions.

#4 Ride-hailing apps eyeing seamless in-app payment systems

Cashless payment options, such as e-wallets and online bank transfers, are gaining popularity among Filipino consumers. A Bangko Sentral ng Pilipinas report found that 57.4% of Filipinos’ retail transactions were paid online. This creates an opportunity for ride-hailing companies to make their payment schemes more seamless. They may consider embedding cashless payment options in their apps, which can automatically deduct their transaction from their attached online banking and e-wallet accounts.

inDrive’s internal research shows that Filipino commuters are also price-sensitive, often allocating tight budgets to their transportation expenses. This consumer attitude could pave the way for ride-hailing companies to install in-app wallets. These facilitate better online budgeting and accommodate users who prefer cash.

#5 Ride-hailing apps expected to continue to uphold price fairness

Strict regulatory compliance has always influenced the dynamics of the ride-hailing industry. In particular, the Land Transportation Franchising and Regulatory Board has been staunch in implementing its fare matrix. Just last December, the regulator imposed surge caps to maintain affordable holiday fares—underscoring its commitment to keeping prices affordable for passengers.

These trends paint a picture of what could come next for the ride-hailing industry this year. With these in mind, inDrive will continue to uphold transparency, safety, and inclusivity for drivers and passengers alike. For more updates on inDrive’s initiatives this year, visit www.inDrive.com or follow @inDrive.ph on social media.

Hashtag: #inDrivetrends #MobilityPhilippines

https://indrive.com/en-my

The issuer is solely responsible for the content of this announcement.

About inDrive

inDrive is a global mobility and urban services platform. The inDrive app has been downloaded over 400 million times, and has been named the second most downloaded mobility app for the third consecutive year. In addition to ride-hailing, inDrive provides an expanding list of services, including intercity transportation, delivery, and financial services. In 2023, inDrive launched New Ventures, a venture and M&A arm.

inDrive operates in 1065 cities in 48 countries. Driven by its mission of challenging injustice, the company is committed to having a positive impact on the lives of one billion people by 2030. It pursues this goal both through its core business, which supports local communities via a fair pricing model; and through the work of its impact programs.

For more information visit www.inDrive.com

By K Raveendran Uncertainty surrounding the trajectory of the Iran war has unsettled global oil markets, producing dramatic price swings that underline the fragility of energy supply expectations in a period of geopolitical stress. Within a matter of days, benchmark crude prices have oscillated sharply between levels approaching $120 per barrel and dips into the […]

The article Wild Swings In Petroleum Prices May Be An Exaggerated Response appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

New Singapore facility integrates flexible and rigid sterile barrier packaging systems development under one roof to simplify and accelerate package design and speed to market

SINGAPORE – Media OutReach Newswire – 11 March 2026 – Nelipak^® Corporation (“Nelipak”), a leading global provider of healthcare packaging solutions, today announced the opening of its new Asia-Pacific Technical Development Center located in Singapore. This new facility establishes an integrated technical development capability in the Asia-Pacific region combining Nelipak’s flexible and rigid sterile barrier packaging design and innovation capabilities under one roof.

This investment marks a major milestone in Nelipak’s global growth strategy and establishes a permanent technical and innovation presence in one of the world’s fastest-growing medical device innovation and manufacturing hubs. Its strategic location in Singapore offers a launchpad to Asia-Pacific’s medtech and biomedical industries, owing to the country’s strong global connectivity and growing healthcare manufacturing and research capabilities.

The center will enable Nelipak to support customers across Southeast Asia, China, Japan, Korea, India, Australia, and New Zealand. It combines personalized real-time collaboration with Nelipak’s global manufacturing and innovation network to ensure that packaging solutions developed in Asia-Pacific are globally scalable and production-ready.

Designed to enhance how medical device and pharmaceutical companies develop and validate sterile packaging systems, the Asia-Pacific Technical Development Center enables customers to arrive with a medical device concept and leave with a validation ready packaging design and physical samples. For device manufacturers, the benefit is immediate and tangible. Customers can engage directly with Nelipak’s technical experts to co-develop and validate bespoke sterile barrier solutions, streamline iteration cycles and regulatory processes, and accelerate time to market.

The center supports the development of Nelipak’s comprehensive range of custom designed sterile-barrier packaging solutions which integrate both flexible and rigid formats. Its capabilities are also designed to support ISO 11607-compliant development, risk mitigation, and accelerated commercialization for Class I through Class III medical and pharmaceutical devices.

“Asia-Pacific is an important and growing region for global medical device innovation, manufacturing, and consumption,” said Pat Chambliss, Chief Executive Officer of Nelipak. “Our new Asia-Pacific Technical Development Center located in Singapore represents a foundational investment that supports our global customer base while anchoring Nelipak firmly in the Asia-Pacific region. It reflects our ongoing commitment to ensuring customer access to our broad range of flexible and rigid sterile barrier packaging solutions which are widely used globally and have been used extensively in the region for over 30 years.”

“Medical device customers are under enormous pressure to move faster without compromising safety, compliance, or performance,” said Aldin Velic, Vice President and General Manager, Asia-Pacific, Nelipak. “Our goal with this center is simple. Customers walk in with a device and a packaging challenge, and they leave with an engineered packaging solution, prototype samples in hand, and a clear path to development, validation and commercialization. We are replacing distance, delay, and fragmentation with expertise, speed, and collaboration.”

The Asia-Pacific Technical Development Center is equipped to support early-stage concept development, line extensions, material transitions, and risk mitigation projects, including changes driven by sterilization modality, regulatory requirements, or supply chain resilience. By unifying rigid and flexible packaging development in a single location, Nelipak enables holistic and optimized sterile barrier system design rather than isolated and fragmented component development.

“We congratulate Nelipak on the opening of its first Technical Development Center in Asia-Pacific. The new center will enable Nelipak to work closely with pharmaceutical and medical device companies in the region to accelerate product development and launches. The investment is a welcome addition to Singapore’s growing biomedical sciences ecosystem and strengthens our role as a regional hub for medtech innovation,” said Soo Haw Yun, Vice President, Global Enterprises, Singapore Economic Development Board.

This investment builds on Nelipak’s long-standing commitment to innovation, quality, and customer collaboration and reinforces the company’s broader expansion across Asia-Pacific. It also reflects growing demand from global medical device manufacturers for regionally based technical support that meets the same standards of rigor, speed, and expertise available in established Western markets.

Hashtag: #Nelipak #Healthcare #HealthcarePackaging #MedicalDevices #Pharma

https://www.nelipak.com/
https://www.linkedin.com/company/nelipak
https://x.com/nelipak1953

The issuer is solely responsible for the content of this announcement.

About Nelipak®

Nelipak^® is a leading global provider of healthcare packaging solutions including rigid and flexible sterile-barrier packaging for medical device, diagnostic, pharmaceutical drug delivery, and other demanding applications. To support the development of innovative sustainable packaging solutions, Nelipak^® offers in-house design, prototyping, tooling, simulation, validation, laboratory, and other value-added services as well as a line of tray sealing equipment. With over 1,600 employees, Nelipak operates at 14 sites globally, including 8 sites in the Americas (USA, Costa Rica, Puerto Rico), 5 sites in Europe (Ireland, Netherlands, UK), and 1 site in Asia (Singapore). Nelipak^® is committed to delivering superior quality, service, and customer experience through world-class cleanroom manufacturing. For more information, visit www.nelipak.com.

Follow us on:
LinkedIn: https://www.linkedin.com/company/nelipak
Twitter: www.twitter.com/nelipak1953

South Korea’s overseas shipments rose sharply during the first 10 days of March, reflecting strong global appetite for semiconductors and signalling renewed momentum in the country’s export-driven economy.

Preliminary customs data released in Seoul showed exports climbed 55.6 per cent compared with the same period a year earlier. The jump was led primarily by robust semiconductor demand, reinforcing the technology sector’s role as the backbone of the country’s trade performance and a key barometer for global electronics markets.

The early-month figures indicate shipments reached about $18 billion during the 10-day period, while imports also increased, lifting overall trade activity. Officials said the growth was supported by sustained demand for memory chips used in artificial intelligence servers, data centres and high-performance computing systems.

Semiconductors remained the dominant driver. Chip exports surged as technology companies expanded orders for advanced memory products and high-bandwidth chips required for generative AI infrastructure. South Korea hosts two of the world’s largest memory chipmakers, Samsung Electronics and SK hynix, whose production capacity places the country at the centre of global supply chains for dynamic random-access memory and NAND flash.

Strong demand from the United States and China contributed significantly to the export expansion. Electronics manufacturers in both markets have increased purchases of memory chips and advanced components as artificial intelligence applications, cloud computing platforms and next-generation consumer devices accelerate data processing requirements.

Industry analysts say the sharp rise in early-month shipments reflects a broader recovery in the global semiconductor cycle after a downturn that affected the industry in 2023. Chip prices have firmed as inventories declined and new demand from AI-focused hardware reshaped procurement strategies across the technology sector.

Trade officials in Seoul noted that semiconductors accounted for a large share of the growth during the first 10 days of March. Automotive shipments, petrochemical products and machinery also contributed to export activity, though their gains were more moderate compared with the surge in chip sales.

The semiconductor boom has become a defining feature of South Korea’s export structure. Memory chips alone represent roughly one fifth of the country’s overseas shipments in typical years, meaning fluctuations in global technology demand can quickly influence trade balances and economic growth.

Government economic planners have closely monitored export performance following a prolonged period of volatility in global trade. Geopolitical tensions, supply chain adjustments and shifts in consumer electronics demand have created uneven patterns in the technology sector. Yet the current rise in shipments suggests the industry is entering a new phase of expansion driven by artificial intelligence infrastructure.

Artificial intelligence computing has reshaped the semiconductor landscape, requiring larger volumes of advanced memory chips capable of handling massive data workloads. Companies building AI servers and graphics processors rely heavily on high-bandwidth memory, a specialised product where South Korean manufacturers hold technological advantages.

SK hynix has emerged as a major supplier of such components to global technology companies developing AI hardware. Samsung Electronics has also increased investment in next-generation memory technologies, seeking to expand its share of the rapidly growing market.

Export growth during the early days of March also reflects the continuing strength of South Korea’s manufacturing ecosystem. The country’s industrial clusters integrate chip fabrication, electronics assembly and advanced materials production, enabling manufacturers to respond quickly to surging global demand.

Trade analysts caution that early-month figures can fluctuate because of shipping schedules and the number of working days. Nonetheless, the scale of the increase highlights the powerful influence of semiconductor demand on the country’s export trajectory.

Data from previous months already pointed to an improving outlook for chip shipments. Global technology spending has accelerated as companies race to deploy artificial intelligence models, expand cloud infrastructure and develop advanced consumer devices that incorporate machine learning capabilities.

Demand for high-capacity memory modules and advanced storage solutions has therefore increased across multiple sectors, including data centres, autonomous vehicles and mobile electronics. South Korea’s manufacturers supply a significant portion of these components, giving the country a strategic role in the global digital economy.

Trade patterns also reflect evolving supply chains. Electronics companies have diversified sourcing strategies in response to geopolitical uncertainty, but memory chip production remains heavily concentrated in East Asia due to the specialised infrastructure required for fabrication plants.

South Korea has sought to reinforce its position through large-scale investment in semiconductor research and manufacturing capacity. Authorities have promoted development of semiconductor clusters, expanded tax incentives for chipmakers and encouraged collaboration between industry and research institutions.

Regulated by both the Australian Securities and Investments Commission (ASIC) and the Financial Services Commission (FSC) of Mauritius, KCM Trade remains committed to compliance, operational integrity, and sustainable growth. This latest recognition further reinforces the Group’s accumulated expertise and expanding presence in the global market.

Driven by the Market, Recognised by Industry Authorities

FX Daily Info has long been dedicated to research and evaluation within the global forex industry. Its annual awards are widely respected for their transparency and fairness, carrying significant industry influence.

This year’s selection process engaged forex investors worldwide, with all awards determined through public voting. KCM Trade stood out with a significant lead of over a thousand votes ahead of the runner-up. This accomplishment not only signifies strong industry recognition of KCM Trade’s sustained commitment to technological advancement and continuous optimisation of the trading experience, but also reflects a clear endorsement from the market through an open and transparent voting mechanism. The result further consolidates KCM Trade’s leadership position in the global forex market.

KCM Trade has consistently upheld a client-centric service philosophy. Receiving the “Best Forex Trading Platform” award reflects global clients’ strong recognition of the Group’s trading execution efficiency, system stability, client service standards, and diversified product offering. It also serves as a driving force for the Group’s ongoing refinement and innovation.

A Decade of Excellence, Looking Ahead

As KCM Trade marks its tenth anniversary, this recognition as “Best Forex Trading Platform 2026” carries special significance. Looking ahead, the Group will continue to drive intelligent technological innovation, further enhancing trading experience and service quality, and remains committed to providing global clients with a more efficient, reliable and trusted trading environment.

Hashtag: #KCMTrade #Besttradingplatform #2026 #10years #globalbrokers

https://www.linkedin.com/company/kcmtrade-global/
https://x.com/kcmtradenigeria?s=21
https://www.facebook.com/share/1Hg7xa9Js2/?mibextid=wwXIfr
https://www.instagram.com/kcm_trade_global?igsh=MTJ5Y2QydmJxY2Ziag==

The issuer is solely responsible for the content of this announcement.

New Academy and Shenyang satellite office strengthen SUSS’ visibility and partnerships across Western and Northeast China.

CHONGQING, CHINA – Media OutReach Newswire – 10 March 2026 – The Singapore University of Social Sciences (SUSS) today launched the SUSS Success Academy in Chongqing in collaboration with Raffles Young Academy (RYA) Pte Ltd and announced the establishment of a satellite office in Shenyang. Building on its Success Academies in Beijing and Shenzhen, the Academy strengthens SUSS’ presence in China and supports its growing engagement across Western and Northeast China.

The launch was commemorated with an opening ceremony at the CCI Gallery, attended by close to 70 guests from China and Singapore, including representatives from institutions of higher learning, and industry and community partners. The ceremony was presided by Vice-Consul (Political) Ms. Mavis Tan, Consulate-General of the Republic of Singapore, Chengdu and Mr. Li Xunfu, Deputy Director of Chongqing Municipal Commission of Commerce.

Success Academy to connect partners from Singapore and China

Anchored in SUSS’ commitment to lifelong learning and creating social impact, the Academy will serve as a key nexus for academic and industry partners from both countries. Through cross-cultural collaboration and practice-oriented learning, it also aims to develop future-ready talent equipped to contribute meaningfully to society and the economy.

RYA is an education and talent development organisation aimed at nurturing future-ready talent through industry-oriented learning and international exposure. RYA will bring its networks and local expertise to support and enhance the Academy’s initiatives.

Through the Academy, SUSS will provide opportunities for students from SUSS and other Singapore pre-tertiary and tertiary institutions to co-learn and co-innovate with peers in China. These include interdisciplinary global learning courses, impact startup and venture builder programmes, industry-based immersions and student exchanges. SUSS students will also gain regional exposure through internships and other workplace learning opportunities. In addition, the Academy will support SUSS in working with universities and organisations in China to jointly design and deliver industry-relevant courses and programmes for students and executives.

Extending engagement into Northeast China with Shenyang satellite office

To further deepen its engagement in Northeast China, SUSS will launch a satellite office in Shenyang on 11 March 2026 under the Success Academy in Chongqing. This office will support SUSS’ initiatives in Liaoning Province and surrounding areas, including Dalian. In addition, three Memoranda of Understanding (MOU) will be signed with the following organisations:

• Shenyang University of Chemical Technology (SYUCT): Collaborative development of a Master’s degree programme in Social Work, fostering cross-border knowledge exchange, curriculum innovation, and talent development to address evolving social service needs.
• North-East Institute of Population and Social Development: Joint research endeavours, professional development programmes, and meaningful academia-industry partnerships to generate evidence-based solutions, build capabilities, and promote active ageing ecosystems that benefit individuals and communities.

Professor Tan Tai Yong, President of SUSS, said, “China is an important partner for SUSS as we expand opportunities for our students and strengthen collaboration across Asia. The launch of the Success Academy in Chongqing allows us to work more closely with universities, industry and community partners in Western and Northeast China, and to deliver applied, practice-oriented education that responds to real-world needs. Our partnership with Raffles Young Academy reflects our shared commitment to developing future-ready talent and supporting professional growth across the region.”

Mr. Samuel Ng, Executive Chairman, RYA, said, “Our collaboration with the Singapore University of Social Sciences reflects a shared belief in applied, practice-oriented education and in preparing students and enterprises to navigate an increasingly complex and interconnected world. Chongqing’s strategic position as a gateway to Western China and a hub for industry and connectivity makes it an ideal location for immersive, industry-linked education. This partnership represents a long-term commitment to building enduring bridges between students and industry, between academia and practice, and between Singapore and China.”

The launch of the Success Academy in Chongqing is part of SUSS’ broader expansion across Asia. Since 2023, SUSS has established Success Academies in Beijing, Shenzhen, Ho Chi Minh City Bangkok, Kuala Lumpur, Jakarta, Manila and Mumbai.

For more information, visit www.suss.edu.sg/success-academy.
Hashtag: #SUSS

https://www.suss.edu.sg
https://www.linkedin.com/school/singapore-university-of-social-sciences
https://www.facebook.com/suss.sg
https://www.instagram.com/suss.sg

The issuer is solely responsible for the content of this announcement.

Competitive Landscape and Market Pressures

Singapore’s storage and moving industry was valued at USD 59.48 billion in 2024. It is projected to grow steadily, reaching USD 100.16 billion by 2033. As demand expands, operators face rising expectations from customers who want clearer quotations, faster responses, careful handling of belongings, and fewer disruptions during moves. These expectations are evolving faster than the industry’s traditional operating models.

“Customers today are more informed and expect clarity and coordination throughout the moving process,” said Liang, Sales Manager of Yi Yun Movers. “Meeting these expectations requires tighter planning and consistent execution, especially in a highly competitive environment.”

Operational Focus Over Marketing Claims

Within this environment, Yi Yun Movers has focused on strengthening its core operations, particularly in areas such as safe handling, flexible scheduling, and end-to-end service coordination. The mover in Singapore provides residential and commercial moving services, along with storage, disposal, and after-hours relocations. These reflect a shift toward accommodating varied customer timelines and operational needs.

Technology as Operational Support, Not Replacement

The moving industry in Singapore is believed to have relatively low service differentiation, making internal efficiency a critical factor. To address this, some firms are beginning to explore how digital tools can support daily operations. Rather than replacing existing workflows, technology is being considered for practical functions, such as route planning, scheduling coordination, and administrative efficiency.

For Yi Yun Movers, this has meant examining how planning and coordination can be tightened without disrupting established on-the-ground processes. The company has taken a cautious approach, focusing on whether digital tools can reduce manual work and improve scheduling accuracy. At the same time, it keeps experienced crews and established handling practices at the centre of operations.

“We’re careful not to introduce changes that add complexity on the ground,” as revealed by Jovi, Operations Manager of Yi Yun Movers. “Any use of digital tools is meant to support planning and coordination, not replace the practical experience of our crews.”

GPS Software for Route Planning and Fleet Management

One of the key digital tools Yi Yun Movers has incorporated is GPS software. This technology helps the company optimise route planning and fleet management by:

• Providing real-time traffic data
• Calculating the most efficient routes
• Tracking vehicles throughout the process

This integration not only ensures faster service delivery but also improves customer communication regarding timeframes. With GPS software, the moving teams can focus on executing their tasks on the ground.

SME Readiness and Incremental Technology Adoption

This measured approach aligns with broader national discussions around small and medium enterprise (SME) readiness for technology adoption. While large-scale automation remains out of reach for many operators, incremental use of digital tools to support planning and coordination is increasingly viewed as necessary to remain competitive without compromising service reliability.

Yi Yun Movers’ experience reflects this wider SME reality. Rather than pursuing large-scale system changes, the company has focused on incremental adjustments that support administrative efficiency and coordination, recognising that readiness varies across teams and that operational continuity remains critical in a service-led business.

Adapting to Evolving Customer Expectations

As relocation activity continues alongside Singapore’s dynamic property and business landscape, operators are navigating tighter margins and higher service expectations. For Yi Yun Movers, the focus remains on maintaining service consistency, careful handling of items, and adapting operations to meet changing customer needs in a highly competitive moving industry.

Looking Ahead

Continued growth in Singapore’s moving and storage sector is shaping how operators manage cost, coordination, and service reliability. With customer expectations evolving alongside broader economic and property trends, operational discipline and adaptability are likely to remain central to how moving firms compete.

Yi Yun Movers intends to refine internal processes and maintain service standards while responding to industry changes pragmatically. This reflects a wider shift among local service providers toward strengthening operational foundations, as the moving industry adapts to a more demanding and competitive environment.

In addition to enhancing route planning and fleet management with GPS software, Yi Yun Movers is exploring the use of AI-Assisted Customer Relationship Management (CRM). By integrating AI-driven CRM tools, Yi Yun Movers aims to automate customer interactions, personalise communication, and improve service delivery.

With these forward-thinking approaches, the company is positioning itself to remain competitive in a rapidly evolving market. This enables its teams to effectively address the evolving needs and expectations of Singapore’s moving and storage sector.
Hashtag: #YiYunMovers

The issuer is solely responsible for the content of this announcement.

About Yi Yun Movers

Yi Yun Movers is a Singapore-based moving and storage company. It provides residential and commercial relocation services, along with storage, disposal, delivery, and special handling support. The company’s services also extend to providing manpower for packing, unpacking, dismantling, and assembly.