#PTE marks distribution

[rohannsharma13]

What You Need for a Smooth PTE Exam Experience On the day of your PTE exam, make sure you have all the necessary documents, items, and preparation. It's also important to familiarize yourself with the PTE marks distribution to ensure you allocate enough time for each section.

[ptbf2002]

Here's My Top 10 Favorite Canadian Shows

#10 Adventures of Sonic the Hedgehog

#9 Chuck's Choice

#8 The Adventures of Tintin

#7 Ollie's Pack

#6 The Snoopy Show

#5 Pucca (TV Series) (2006-2008)

#4 Sonic Prime

#3 Bakugan Battle Brawlers

#2 Atomic Puppet

And #1 Hilda

Original Template By DemitriaMiriam

Templates: https://www.deviantart.com/demitriamiriam/art/My-Top-10-Favorite-Meme-207757812 & https://www.deviantart.com/demitriamiriam/art/My-Top-10-Favorite-Meme-Ver-2-306608634

Adventures of Sonic the Hedgehog Belongs To Yuji Naka, Naoto Ohshima, Hirokazu Yasuhara, Bruce Shelly, Reed Shelly, Phil Harnage, Kent Butterworth, Shanghai Rainbow Animation, Hong Ying Animation Co., Ltd. Saerom Animation, Inc. TMS Entertainment Co., Ltd. Pacific Rim Productions, Inc. Point Animation, SEK Animation Studio, Seoul Movie, DIC Animation City, Inc. DIC Entertainment, L.P. Cookie Jar Entertainment Inc. DHX Media, Ltd. WildBrain Ltd. Sonic Team, SEGA of America, SEGA Corporation, SEGA Sammy Holdings Inc. Bohbot Communications Inc. Italia 1, Mediaset S.p.A. Telecinco, Grupo Audiovisual Mediaset España Comunicación, S.A.U. And MediaForEurope N.V.

Chuck's Choice Belongs To Kervin Faria, Top Draw Animation, Inc. Studio B Productions, Inc. DHX Media Vancouver, WildBrain Studios, WildBrain Ltd. YTV (TV channel), YTV Canada, Inc. And Corus Entertainment Inc.

The Adventures of Tintin (TV series) Belongs To Hergé (characters), Stéphane Bernasconi, Ellipse Programme, Nelvana Enterprises, Inc. France 3, France Télévisions S.A. Global Television Network, CanWest Global Communications Corporation, Shaw Media, Inc. Shaw Communications Inc. Corus Entertainment Inc. HBO, Home Box Office, Inc. Warner Bros. Discovery Networks, WarnerMedia, & Warner Bros. Discovery, Inc.

Ollie's Pack Belongs To Pedro Eboli, Graham Peterson, Birdo Studio, Nelvana Enterprises Inc. Nickelodeon, Nickelodeon Group, Paramount Global Content Distribution, Paramount International Networks, Paramount Domestic Media Networks, Paramount Media Networks, Inc. Paramount Global, YTV (TV channel), YTV Canada, Inc. And Corus Entertainment Inc.

The Snoopy Show Belongs To Charles M. Schulz, Rob Boutilier, Mark Evestaff, Alex Galatis, Peanuts Worldwide LLC, Schulz Studio, Studio B Productions, DHX Studios Vancouver, WildBrain Studios, WildBrain Ltd. Apple TV+ And Apple Inc.

Pucca (TV Series) (2006-2008) Belongs To Boo Kyoung Kim, Calvin Kim, VOOZ Co., Ltd. Studio B Productions, Inc. DHX Media Vancouver, WildBrain Studios, DHX Media, Ltd. WildBrain Ltd. MBC TV (South Korean TV channel), Munhwa Broadcasting Corporation, Toon Disney, Jetix, Jetix Europe N.V. Disney Branded Television, Disney–ABC Home Entertainment and Television Distribution, Disney General Entertainment Content, Disney Media and Entertainment Distribution, Disney Entertainment, Disney Enterprises, Inc. And The Walt Disney Company

Sonic Prime Belongs To Yuji Naka, Naoto Ohshima, Hirokazu Yasuhara, Joe Kelly, Joe Casey, Duncan Rouleau, Steven T. Seagle, Jam Filled Entertainment, Boat Rocker Media Inc. Flixzilla Aura, Sonic Team, SEGA of America, SEGA Corporation, SEGA Sammy Holdings Inc. Man of Action Entertainment, WildBrain Studios, WildBrain Ltd. Netflix Animation, And Netflix, Inc.

Bakugan Battle Brawlers Belongs To Mitsuo Hashimoto, Spin Master Entertainment, TMS Entertainment Co., Ltd. Dentsu Group Inc. SEGA Toys Co., Ltd. SEGA Corporation, SEGA Sammy Holdings Inc. Madman Entertainment Pty. Ltd. Dream Theatre Pvt. Ltd. Nelvana Enterprises Inc. Odex Pte. Ltd. TV Tokyo Holdings Corporation, TELETOON Canada Inc. And Corus Entertainment Inc.

Atomic Puppet Belongs To Mark Drop, Jerry Leibowitz, Travis Williams, John Derevlany, Brad Birch, Mercury Filmworks, Technicolor Animation Productions, Gaumont Animation, Gaumont Film Company S.A. TELETOON, TELETOON Canada Inc. Corus Entertainment Inc. France 4, France Télévisions S.A. Disney XD, Disney Branded Television, Disney–ABC Home Entertainment and Television Distribution, Disney General Entertainment Content, Disney Media and Entertainment Distribution, Disney Entertainment, And The Walt Disney Company

Hilda Belongs To Luke Pearson, Mercury Filmworks, Atomic Cartoons Inc. Thunderbird Entertainment Group Inc. Nobrow Press, Flying Eye Books, Silvergate Media Limited, Sony Pictures Television Kids, Sony Pictures Television Studios, Sony Pictures Television Inc. Sony Pictures Entertainment Inc. Sony Entertainment, Inc. Sony Corporation of America, Sony Group Corporation, And Netflix, Inc.

[forblogmostly]

Sarveshwar Foods Limited Announces Strong Q1 FY25 Financial Results and Strategic Developments

Sarveshwar Foods Limited, a prominent player in the rice industry with a legacy spanning over 130 years, has unveiled its financial results for the first quarter of FY25. This period, ending June 30, 2024, marked a promising start to the new fiscal year for the company. The results reflect Sarveshwar Foods' strategic initiatives and resilience in navigating the complexities of the market.

For Q1 FY25, Sarveshwar Foods reported significant growth in its financial performance. The company's revenue from operations reached an impressive Rs. 233.05 crore, compared to Rs. 187.68 crore in the same period last year, representing a year-on-year growth of 24%. This notable increase is attributed to the continued expansion of the company's customer base and supply volume, bolstered by its participation in the Bharat Rice Scheme initiated by the Government of India. The scheme has enabled Sarveshwar Foods to enhance its market presence and secure substantial export orders, further strengthening its position in the international market.

The company’s EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) also saw a commendable rise, amounting to Rs. 13.31 crore for the quarter, up from Rs. 11.10 crore in the previous year. This represents a growth of 20%, showcasing the company's effective cost management and operational efficiency. The EBITDA margin for Q1 FY25 stood at 5.71%, slightly down from 5.91% in the previous year, reflecting a minimal impact from rising operational costs.

Sarveshwar Foods' profit after tax (PAT) for the quarter was Rs. 3.09 crore, marking a 6% increase from Rs. 2.90 crore in Q1 FY24. This growth in PAT highlights the company’s ability to maintain profitability amidst fluctuating market conditions and increasing operational demands. The PAT margin for the quarter was 1.33%, down from 1.55% a year ago, attributed to the increased cost pressures.

In addition to its financial achievements, Sarveshwar Foods has made significant strides in strategic development. The company has entered into a landmark strategic partnership to enhance sustainable agricultural practices. This agreement aims to improve productivity, soil health, and generate income through the sale of carbon credits. This initiative will benefit approximately 17,000 farmers and cover 45,000 acres, reflecting Sarveshwar Foods' commitment to sustainable farming and environmental stewardship.

The company has also secured a notable contract with the Shri Mata Vaishno Devi Shrine Board in Jammu and Kashmir. Under this contract, Sarveshwar Foods will supply premium steamed basmati rice to the renowned pilgrimage destination, further establishing its brand in high-profile markets.

Empowering local farmers has been another key focus for Sarveshwar Foods. The company launched a free certified Sona Masuri Paddy seeds distribution initiative in Jammu and Kashmir. These seeds, known for their superior quality and high yield potential, aim to support farmers and enhance the regional agricultural sector.

Additionally, Sarveshwar Foods has expanded its business by acquiring 100% of Green Point Pte. Ltd., a company engaged in the wholesale distribution of a wide range of grocery products. This acquisition is expected to boost Sarveshwar Foods' business and enhance its international presence.

Commenting on the results, Mr. Rohit Gupta, Chairman of Sarveshwar Foods Limited, expressed satisfaction with the company’s performance. He highlighted the strong year-on-year growth in revenue and the successful execution of strategic initiatives. Gupta emphasized the company’s commitment to automation and efficiency improvements, which are expected to drive sustained performance in the future. He also noted Sarveshwar Foods' active engagement in promoting organic food products in European and North American markets, aligning with global trends towards sustainability and eco-friendly products.

Looking ahead, Sarveshwar Foods remains focused on maximizing shareholder value and adapting to market dynamics. The company's commitment to operational efficiency, customer satisfaction, and sustainable growth will continue to drive its success in the upcoming quarters.

[krystletan]

Reg Consultants Pte Ltd - Step-by-Step Guide to Medical Device Registration in Singapore

A nuanced understanding of the registration process and the regulatory landscape is imperative. The Health Sciences Authority (HSA) plays a pivotal role in overseeing medical devices, ensuring they meet stringent safety, efficacy, and quality standards. This step-by-step guide aims to demystify the intricacies of medical device registration in Singapore.

Step 1: Understand the Regulatory Landscape

Before delving into the medical device registration process, it is crucial to familiarise oneself with the regulatory framework in Singapore. The HSA stands as the primary regulatory authority, committed to ensuring that medical devices adhere to the highest standards before reaching the public.

Step 2: Determine the Device Classification

The classification of medical devices sets the tone for the regulatory journey, influencing the requirements and processes to be followed. The HSA classifies devices into four main classes – Class A, Class B, Class C, and Class D, each indicating a different level of risk. Accurately classifying the device streamlines subsequent registration processes.

Step 3: Appoint a Local Authorised Representative

For foreign manufacturers, a local authorised representative is a mandatory liaison between the manufacturer and the HSA. This representative facilitates communication, ensuring compliance with local regulations and playing a crucial role in the overall success of the registration process.

Step 4: Compile Essential Documentation

Thorough documentation is the cornerstone of a successful medical device registration. Manufacturers must prepare a comprehensive Technical File or Design Dossier containing information about the device's design, manufacturing processes, risk assessments, and conformity to standards. Supporting documents such as proof of the quality management system and clinical data are also essential.

A ALSO READ: Understanding the Medical Device Registration Process in Singapore

Step 5: Submit a Medical Device Registration Application

Armed with a complete set of documentation, manufacturers can submit a Medical Device Registration application to the HSA. This application should include the device's classification, intended use, and a detailed summary of safety and performance data. Timely submission is critical for a smooth regulatory process.

Step 6: HSA Review and Approval

The HSA conducts a thorough review of the submitted application, assessing the device's safety, efficacy, and quality. This process may involve multiple rounds of evaluation, with manufacturers expected to address any queries or provide additional information as requested. Upon approval, the HSA issues a Letter of Approval, allowing manufacturers to market and distribute the medical device in Singapore.

Step 7: Post-Market Obligations

Approval does not mark the end of responsibilities. Manufacturers must actively monitor the device's performance, promptly address safety concerns, and adhere to ongoing reporting requirements. Regular communication with the HSA ensures manufacturers stay informed about updates or changes in regulatory requirements.

Step 8: Labelling and Packaging Compliance

Compliance with local regulations regarding labelling and packaging is essential. Manufacturers must provide clear and accurate information, including usage instructions, precautions, and contact details for the local authorised representative. Meeting these requirements enhances the device's marketability and ensures adherence to regulatory standards.

Step 9: Post-Market Surveillance

Post-market surveillance involves continuous monitoring of the medical device's performance and safety after it has been introduced to the market. Manufacturers should establish a robust surveillance system to collect and analyse data on the device's real-world usage. This step ensures prompt identification and response to emerging safety concerns, contributing to ongoing regulatory compliance.

Step 10: Stay Informed About Regulatory Updates

Given the dynamic nature of the regulatory landscape, manufacturers must stay informed about any updates or modifications. Regularly checking the HSA's official website and participating in industry forums provide valuable insights into evolving regulatory requirements, enabling manufacturers to adapt their processes accordingly.

Conclusion

Successfully navigating the medical device registration process demands a comprehensive understanding of the regulatory framework and meticulous attention to compliance. Engaging in regulatory affairs in Singapore is not just a legal requirement; it is a commitment to the health and well-being of the consumers who rely on these medical devices for their care. Contact Reg Consultants to learn more about medical device registration so you can apply for your business.

Read more: https://mnbusinesssearch.com/step-by-step-guide-to-medical-device-registration-in-singapore/

[miongplus]

Cebu Landmasters 2023 net income up 29%, offers preferred shares, and announces first ever international partnership 

CLI announces another year of strong financial performance, with 29% increase in Consolidated Net Income.

CLI starts public offer for its preferred shares.

CLI signs a joint venture agreement with global Japan-based real estate firm NTT UD Asia Pte. Ltd. (NTTUDA), to form CLI NUD Ventures, Inc. and to develop a PHP 6.4B two-tower, Japanese-inspired residential development in the heart of Cebu IT Park.

Leading developer in Visayas and Mindanao Cebu Landmasters Inc. (CLI) posted a 29% increase in consolidated net income year-on-year, to PHP 4.64 billion. CLI also recorded significant growth in net income to its shareholders, up by 13% to PHP 3.58 billion from last year’s PHP 3.17 billion. The growth is attributed to a solid 20% increase in consolidated revenue, reaching PHP 18.8 billion across all revenue streams mainly from real estate sales revenues, and also includes hotel operations, and leasing.

This is on the back of strong demand for the listed company’s residential properties and its diverse and dynamic business portfolio. 

Revenue from real estate sales maintained an upward trajectory, rising 20% to PHP 18.5 billion, driven by consistent collections and steady construction progress. Record-breaking reservations of PHP 20.6 billion was also achieved, marking a 14% increase from 2022’s PHP 18 billion. This adds to our pipeline of future revenues. 

The listed company launched 10 new projects in 2023, with a collective value of PHP 18.7 billion and offering 4,249 units. These projects achieved an impressive 63% sell-out rate with less than a year in the market. Completed projects are already 97% sold-out, resulting in the blended total portfolio sell-out rate of 93%.

CLI's recurring income projects, particularly hotel operations and leasing, also saw impressive growth rates. The company’s hotel operations grew 66% to PHP 139 million and leasing went up by 42% to PHP 112 million.

Cebu Landmasters recently opened 3 hotels including lyf Cebu City with 159 rooms, bringing its total number of operational rooms to 338, including 180 rooms of Citadines Cebu City. Both lyf and Citadines are in CLI’s mixed use property Base Line Center (photo above). The listed company now boasts nearly 800 room keys, with 7 more hotel projects underway poised to drive future hotel revenue growth.

CLI has expanded its hospitality portfolio from a single hotel Citadines Cebu City to now 3 including the recently opened lyf Cebu City in Base Line Center, and The Pad Co-Living in Banilad High Street in Cebu. With an initial offering of 180 rooms, CLI now boasts nearly 800 room keys, with 7 more hotel projects underway poised to drive future hotel revenue growth.

Additionally, the Gross Leasable Area (GLA) grew to 35,772 sqm from 28,411 sqm driven by newly completed projects like Banilad High Street, Base Line Center Phase 2, and Retail Pods in Davao Global Township.

Capital expenditures totalled PHP 12.9 billion during the year, with 82% allocated to project development and 6% directed towards land acquisition and the remaining 12% for investment property. 

With the company’s consistent double-digit growth and exceptional performance, the CLI Board of Directors approved on March 18 the declaration of a regular dividend of PHP 0.15 centavos per share, along with a special dividend of PHP 0.03 centavos per share. These dividends will be distributed to shareholders on record as of April 17, with payments scheduled on May 3, 2024. The board’s decision reflects CLI’s commitment in growing shareholder value since the IPO.

Cebu Landmasters recently opened 3 hotels including The Pad Co-Living in Banilad High Street (photo above) with 258 rooms, bringing its total number of operational rooms to 338, including 180 rooms of Citadines Cebu City. CLI now boasts nearly 800 room keys, with 7 more hotel projects underway poised to drive future hotel revenue growth.

CLI Starts Public Offer Period for Preferred Shares

CLI had a significant milestone with the start of public offering of its preferred shares totaling PHP 3 billion, with an additional PHP 2 billion oversubscription. The offer period is from March 19 to April 2. Investors of the preferred shares can look forward to attractive dividend yields, with 4-year Series A-1 at 7.585% and the 7-year Series A-2 at 8.25%. The said shares are scheduled to be listed on PSE’s main board on April 12, 2024.

The proceeds from the offering will provide CLI with a substantial capital infusion, facilitating strategic initiatives, and expansion projects, and bolstering its balance sheet for future growth. 

CLI signs joint venture agreement with Japan real estate firm NTT UD Asia 

CLI also announced its first international partnership, forming a joint venture with Japan-based global real estate firm NTT UD Asia Pte. Ltd. (NTTUDA), a subsidiary of NTT Urban Development Corporation (NTTUD), to establish CLI NUD Ventures, Inc. 

The initial project is a PHP6.4 billion, two-tower, Japanese-inspired residential complex in Cebu IT Park, with Tower 1 set to launch by Q4 2024. This collaboration with CLI marks NTTUD's first venture in the Philippines, expanding its global portfolio with mixed-use, office, and residential projects.

CLI Chairman and CEO Jose Soberano III said, “We are bullish that the strategic capital raise through preferred share issuance and our first-ever international partnership would fortify our growth and expansion. This also strengthens our commitment to delivering exceptional value to our stakeholders as we keep enlarging our business."

CLI’s 2024 growth initiatives

CLI has new development in the pipeline worth PHP27 billion, including expansion projects in various regions such as Butuan. For 2024, the company has earmarked PHP 14.5 billion for capital expenditure, with a portion dedicated to land acquisition, particularly for its inaugural Luzon project.

The company’s strong financial performance, diversified revenue streams, strategic expansion initiatives, and a robust pipeline of upcoming projects position the company for continued growth and success in the coming years.

“Our consistent growth fuels our vision to strengthen the company’s current offerings and expand beyond VisMin. This is also a testament to the resilience, hardwork and dedication of our team," says Soberano.

[datoyaukokseng]

Dato Yau Kok Seng Spearheads Exclusive Distributorship of OTSAW Technology Products with KAB

Kejuruteraan Asastera Berhad (KAB), a prominent electrical and mechanical engineering services provider in Malaysia, is excited to announce its exclusive distributorship of OTSAW Technology Pte Ltd (OTSAW) products. The official launch took place at the prestigious Tropicana Avenue in Petaling Jaya, marking a significant milestone for both companies.

Building upon the announcement made on 14 September 2021, KAB has taken a major step forward by executing a Term Sheet with YL Global Ventures Sdn Bhd (YLGV), led by the visionary entrepreneur Dato Yau Kok Seng. This collaboration sets the stage for an innovative venture in the rapidly growing robotics solutions business, through the establishment of a joint venture company named KAB Robotic and Automation Solutions Sdn Bhd.

YLGV, through its subsidiary Isenze Sdn Bhd, holds the exclusive rights to sell and distribute OTSAW's cutting-edge robotics solutions in Malaysia. This strategic partnership brings together KAB's expertise in electrical and mechanical engineering with the revolutionary products developed by OTSAW.

During the launch event, Dato' Lai Keng Onn, the Managing Director of KAB, expressed his enthusiasm for the synergistic partnership with YLGV. He highlighted the immense value of OTSAW's state-of-the-art disinfection robotics solution, which utilizes UV-C LED light technology to effectively sanitize and protect against viruses and bacteria. With an impressive disinfection efficacy rate of 99.99%, this innovative technology ensures a safe and clean environment without the use of hazardous materials found in traditional UV disinfection methods.

Dato' Lai proudly announced KAB's exclusivity as the authorized partner reseller for OTSAW in Malaysia, enabling them to target B2B businesses. These customers now have the option to either purchase the robotics solutions outright or opt for a rent-to-own model with no downpayment required. This strategic approach aims to generate sustainable earnings for KAB while providing businesses with a cost-effective and efficient solution for their disinfection needs.

Furthermore, Dato' Lai emphasized the customizable nature of OTSAW's products, catering to a wide range of needs and requirements. The launch of these innovative solutions comes at a crucial time as the world continues to battle the ongoing pandemic, emphasizing the importance of maintaining clean and virus-free premises.

OTSAW, a global pioneer in robotics and artificial intelligence, offers a range of cutting-edge products designed to enhance safety, streamline business processes, and improve everyday lives. Among their flagship products are the disinfection ecosystem solutions, including the 'AirGuard' air disinfection device, integrated into HVAC systems, the 'O-RX' autonomous disinfection robot utilizing UV-C LED technology for large surface areas, and the 'TreX' portable UV-C LED disinfection device for confined spaces such as hotel rooms and aircraft.

OTSAW also boasts a lineup of security robots, such as the indoor and outdoor 'O-R2' and 'O-R3,' as well as the outdoor delivery robot 'Camello.' These advanced robotics technologies demonstrate OTSAW's commitment to pushing the boundaries of innovation and delivering impactful solutions across various industries.

Dato Yau Kok Seng's vision for KAB's partnership with OTSAW sets the stage for the establishment of Malaysia's first robotics hub. This landmark collaboration aims to drive technological advancements, improve safety, and revolutionize business processes while creating a positive impact on society.

As Dato Yau Kok Seng continues to lead YLGV and foster groundbreaking partnerships, his commitment to combining healthcare and technology showcases his passion for transforming industries and improving lives. Through collaborations with innovative companies like OTSAW.

[psastudys]

Which questions have the highest score on PTE?

PTE is very easy to clear, and you can easily score desired points if you do your preparation logically. There are different types of questions in PTE. The marks that are allocated for each question is distributed among 4 modules i.e Speaking, Writing, Reading, & Listening.

In this article, we will see how the marks are divided for each type of question in PTE Exam. The three main questions which carry more marks are read aloud, repeat sentences and writing from dictation. Repeat sentence question type contribute marks for both listening and speaking, read aloud question type contribute marks for both speaking and reading, write from dictation question type contribute marks for both listening and writing. It is suggested to do the preparation based on the weightage of each question to achieve your desired scores. Visit our website: https://psastudy.com/which-questions-have-the-highest-score-on-pte/

[course-mentor]

Here read about the PTE Speaking Mark Distribution, because it is essential to understand the mark distribution to get a high band score in an exam.

[xyfah]

Wine distributors in Singapore

1. AA French Wine Pte Ltd.

AA French Wine Pte Ltd believe that each bottle of prime quality wine ought to be fun and reasonable. There are a lot of spots that sell respectable wine, however it is their promise to their customers that their supply of wine is vibrant and flavorsome. They believe that each bottle of wine has its own story – where it came from when it was made and the consideration it got at the grape plantation. They work intimately with their providers to discover bottles of wine that have that special taste. AA French Wine Pte Ltd realize they are hard to acquire however they have many them for you to enjoy, without making you stress over its cost. Their customers can be guaranteed that each bottle of wine are put away in a specialized wine storeroom in Singapore where they keep on developing to their maximum capacity. They live and breathe wine, and they tasted something reasonable as well.

2. Beautiful Wine

Beautiful Wine is an unmistakable merchant and distributor of fine wines which offer a wide choice of boutique wineries over the world. Districts from Alsace, Rhone, Tuscany, Veneto, Puglia, Mosel, Pfalz, Rheingau, Rheinhessen, Nahe, Barossa, Yarra, Margaret River, Marlborough, Central Otago, Santa Barbara, Rioja, and significantly more. Beautiful Wine is the main wine distributor in Singapore conveys the top of the line yet sensibly valued marks on the planet, specializing in sourcing and introducing the best wines from these areas and around the globe. The cautious determination of brands offers you the affirmation of social picture, quality and worth for-cash wines. Upgrade wine thankfulness through their arrangement of fine quality wines over the world.

3. Golden Hung Ho

Golden Hung Ho is an autonomous, shipper, exporter, distributer, retailer and distributor of wines and spirits in Singapore enrolled since 1995. Begun basically as a distributer of wines, the organization has since expanded into marking and showcasing of chose office wines and spirits for the Asian taste buds. They believe in building up long haul responsibilities and relationship with their providers, some with history more than 20 years. Golden Hung Ho, your One-Stop Liquor Solutions, benefits retail alcohol shops, scaled down bazaars, wholesalers, bars, karaoke, clubs, discos, inns, private nation clubs, cafés, wine bars, partnerships, and people. Their promoting system has consistently been one of top-down and base up, which means a two-way brand fortification from top of the line on-premise sources down to working from people up to guarantee an all around enhanced brand acknowledgment and building measure.

4. Limitless Supply Pte Ltd

They are a main distributor of fine and uncommon wines Established in 2006 in Singapore, Their experience, and organization in the business reach out back to 1994.They need to bring to specialists uncommon and fine wines to your eating table, straightforwardly from source. Wines don't venture out to various ports of call prior to coming to you.Infinite Supply Pte Ltd source wines straightforwardly from different nations, chiefly France, and carry them to your doorsteps with amazing provenance. Customers from China, Hong Kong, Macau, Thailand, Indonesia, Vietnam, Cambodia, Malaysia and Singapore make the most of their wines. Moreover, they additionally put resources into wine fates. En Primer is tied in with getting an assignment of top wines during the mission. Their organization and associations with Negotiates (wine vendors) and Chateau proprietors place them in an advantageous position. They have delighted in awesome designation of the top wines for each En Primeur crusade. This is demonstrated by the way that they are currently number 2 in En Primeur interests in Singapore.

5. JUPITER 57

JUPITER 57 was set up in 2004 as an Import/Export and Distribution Company of Italian Confectioneries, with the primary goal of advancing the customary strategies and plans of notable Italian brands, for example, Borsari, Scar Pier, Bedetti and G. Cova and C. JUPITER 57 is currently known for delivering handcrafted, richly and dexterously wrapped blessing hampers which speak to the pleasantness and warmth of a former period; especially during the Holiday Seasons. Regardless of whether it is a celebratory event, during or after a supper or basically to plunk down and unwind in the wake of a monotonous day, their scope of mixed drinks is reasonable for different events. Their choice incorporates the best refreshments, carefully delivered all through the critical areas in Italy where atmosphere, fixings and convention meet up to make items which have become brand names of Italian culture.

6. KOT Selections

KOT Selections are a gathering of wine darlings who search out wines they are glad to drink each day. While this covers a wide scope of styles, they commonly like wines which are produced using very much cultivated plants (working with as opposed to against Mother Nature) and with insignificant mediation in the basement (Their general guideline: a ten-year-old ought to have the option to do it — for example no extravagant apparatus or compound increments). The outcomes, they like to believe, are clear — adjusted, flavorful wines which function admirably with food.

7. Italian Wine Club Pte Ltd

Italian Wine Club is a gathering of companions, lovers, and specialists in Italian wines resolved to acquaint their number one wineries with wine darlings in Singapore. By picking this brand you are joining a select circle that will assist you with becoming acquainted with, taste and gets probably the best and most true wines in the Italian convention. Plunge into Made in Italy: into Italian style, history, workmanship, and culture. The Club wineries and wines have been deliberately picked following quite a while of tasting, visits and individual associate with the makers. For them, wine isn't care for different drinks! At its best, it is a true friend that can disclose to you stories of spots, people groups, and individuals that can stir feelings. Italian Wine Club wines mirror the flavor and style of Italian life, the most credible of customs with contemporary refinement. Genuine wines, comrades in the noblest feeling of the word that are "food amicable" and in this manner ideal table partners. As in the best of Italian custom.

8. ChateauAsia Pte Ltd.

ChateauAsia started in Singapore in the spring of 2012. Three companions, who share an enthusiasm for wines, innovation, and an extraordinary way of life, chosen to make an organization. They needed to share their insight for incredible wines, meet wine lovers, and offer fabulous wines at extraordinary costs. Before long, they chose to assemble their locale into month to month tasting occasions held at elite areas, for example, the Raffles Hotel, One Altitude, and the Tower Club. They additionally assembled at more close places in the great areas like Tiong Bahru and Duxton Hill.They love meeting their locale at these occasions. Today, Nicolas, their lord sommelier, works each day with wine experts, wine specialists, wine distributors, and wineries to choose the best French wines in Singapore. The remainder of the ChateauAsia group gets from that point to carry these fabulous wines to their locale of wine sweethearts.

[rohannsharma13]

Understanding PTE Marks Distribution

Wondering how PTE marks are distributed? The PTE exam evaluates your English skills across four sections: Speaking, Writing, Reading, and Listening. Each section has specific tasks that assess different aspects of your language proficiency, and the marks are allocated based on your performance in these tasks. Understanding the marks distribution helps you identify which areas need more focus, allowing you to tailor your preparation effectively. By knowing how each section contributes to your overall score, you can strategize to maximize your performance and achieve your desired PTE score.

[pressreleasestrendsz]

Horizontal Carousel Market - Forecast (2022 - 2027)

Horizontal Carousel

is expected to reach $3.8 billion by 2026 at a CAGR of 5.0% during the forecast period 2021-2026. The market growth is propelled by the increasing demand for Horizontal Carousel in several industries for improved accuracy, productivity, and efficiency in supply chain, along with better inventory management. In addition horizontal carousels in the retail e-commerce operations serve as an effective solution for catering storage density to the huge e-commerce orders using rotating shelving. Moreover rising demand for convenient and cost-effective warehouse facilities is paving the way for innovation in the material handling equipment market. For instance, horizontal carousels come with a voice recognition system that has been incorporated to reduce the cost incurred on recruiting and training labor for carousel operation. Hence these developments are analyzed to drive Horizontal Carousel market size in the forecast period 2021-2026.

Report Coverage

The report:

“Horizontal Carousel Market report – Forecast (2021-2026)”

, by IndustryARC covers an in-depth analysis of the following segments of the Horizontal Carousel Market.

By Capacity:

Upto 600 lbs, 600-1000 lbs, 1000-1500 lbs, 1500-2000 lbs, Above 2000 lbs.

By Applications:

automated picking, parts delivery, sortation applications and Others.

By End User:

Automotive Industry, Food and Beverage, Retail Industry, Aerospace and Defense, Manufacturing, Transportation and Logistics and Others.

By Geography:

North America (U.S, Canada, Mexico), Europe(Germany, UK, France, Italy, Spain, Russia and Others), APAC(China, Japan India, SK, Australia and Others), South America(Brazil, Argentina and others), and RoW (Middle east and Africa).

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Key Takeaways

Europe dominated the market by a market share of more than 37% in 2020, owing to the presence of huge manufacturing bas e in countries such as Germany, U.K and so on.

Horizontal Carousel in Automated Picking is growth at a highest CAGR of 6.0% in the forecast period as this retrieve goods quickly, reliably, and cost-effectively.

Introduction of voice recognition in picking process and Light directed picking in horizontal carousel has made several manufacturing facilities to adopt this system

Horizontal Carousel top 10 companies include Kardex Remstar, SSI SCHAEFER, ULMA Handling Systems, Bastian Solutions, Dexion, SencorpWhite, Modula, Logistics Automation, TYT Corporation Pte Ltd, ULMA Handling Systems among others.

Horizontal Carousel Market Segment Analysis - By Applications

Horizontal Carousel in Automated Picking is growing at a highest CAGR of 6.0% in the forecast period as this retrieve goods quickly, reliably, and cost-effectively, whether in the area of production or distribution with high retrieval rates. In addition Automatic picking allows an operator to fill multiple orders at one time and accelerate the productivity rate of storage density and inventory management. Similarly it also eliminates unproductive travel and search time. Hence these advantages are analyzed to drive the market in the forecast period 2021-2026.

Horizontal Carousel Market Segment Analysis - By Industry Vertical

Horizontal Carousel in retail Industry is growing at a CAGR of 6.3% in the forecast period. Retail industry uses this carousel for implementation in huge megastores comprising a vast variety and quantity of goods stored at a single location. This Carousel efficiently manage the storing and retrieving of products in minimum time. In addition increasing competition in retail owing to rise in online, e-commerce, and m-commerce platforms has led the owners of convenience and specialty stores to adopt innovative technologies for improving storage density. Similarly, the implementation of Horizontal Carousel allows companies to have an efficient method of operations, optimum use of resources, and profitable forecasting. Moreover investments, developments related to expansion of warehouses also enhances the market For instance, Costco Wholesale Corporation has been installing its warehouses every year with consistent growth of 3-5%. Hence these benefits and expansions are analyzed to drive the market in the forecast period 2021-2026.

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Horizontal Carousel Market Segment Analysis - By Geography

Europe dominated the market by a market share of more than 37% in 2020, owing to the presence of huge manufacturing base in countries such as Germany, U.K and so on. Germany hosts several manufacturing industries such as the automobile, F&B, electronics, and manufacturing. These industries require precise automated handling equipment for their functioning and for speeding up their processes. As Horizontal Carousel efficiently manage the storing and retrieving of products and goods quickly, companies in these countries are adopting horizontal Carousel for efficient inventory management of products. Moreover expansion, investments related to infrastructure replacement bring opportunities for this system. In 2019, Merz companies invest more than $50 million in expansions at Dessau sites. In 2019, AstraZeneca has committed to invest more than $520 million for its expansion in the region. Hence these investments are analyzed to drive the market in the forecast period 2021-2026.

Horizontal Carousel Market Drivers

Increased demand for in horizontal carousels in Pharmaceutical Industry

The increased demand of horizontal carousels in the pharmaceutical industries will be one of the key driver that contributes to the growth of this market. Pharmaceutical warehouse systems consist of horizontal carousels to offer high-density storage along with the additional advantages such as high productivity, picking flexibility and accuracy. Investments, Expansions related to this industry will enhance the market. In 2019, DHL supply chain has committed to invest $150 million to expand pharmaceutical and medical device distribution network in the U.S. Moreover, the adoption of automated carousels allows the pharmaceutical industries to effortlessly change their work pick station numbers to meet current workflow requirements. This cost-effective system enables them to meet the demands efficiently. Hence these benefits are analyzed to drive the market in the forecast period 2021-2026.

Technological Advancements in horizontal carousel

Introduction of voice recognition in picking process in horizontal carousel has made several manufacturing facilities to adopt this system. Voice picking in horizontal carousel supports the requirements of peak seasons and the variable SKU locations in retail warehouses. A US-based online retail company Newegg Inc., has improved inventory performance and overall efficiency by introducing horizontal carousels with voice-recognition systems. In addition Light directed picking assists the operator in locating the next pick and quantity to be picked to further increase the accuracy and pick rates. Hence these technological advancements are analyzed to drive the market in the forecast period 2021-2026.

Horizontal Carousel Market Challenges

High Initial investment and technical glitches

Although Horizontal Carousel is growing at a significant rate, high initial investment in adoption of this carousel is making manufacturing facilities advanced alternative technologies. In addition technical glitches related to this system also hamper the market in the forecast period 2021-2026.

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Market Landscape

Technology launches, acquisitions, Partnerships and R&D activities are key strategies adopted by players in the Horizontal Carousel market. In 2020, the market of Horizontal Carousel industry outlook has been fragmented by several companies. Horizontal Carousel top 10 companies include Kardex Remstar, SSI SCHAEFER, ULMA Handling Systems, Bastian Solutions, Dexion, SencorpWhite, Modula, Logistics Automation, TYT Corporation Pte Ltd, ULMA Handling Systems among others.

Acquisitions/Technology Launches

In January 2019, Newegg Inc., has improved inventory performance and overall efficiency by introducing horizontal carousels with voice-recognition systems.

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[bitcofun]

Source: AdobeStock/kayasit Get your day-to-day, bite-sized absorb of cryptoasset and blockchain-related news-- examining the stories flying under the radar these days's crypto news. __________ Legal news Albanian authorities apprehended Fatih Ozer, Founder and CEO of crypto exchange Thodex, and the procedure to extradite him to Turkey has actually begun, the Turkish Interior Ministry stated on Tuesday. Ozer has actually been looked for by Turkish authorities over scams allegations. Troubled crypto loan provider Hodlnaut stated its legal agents on Monday went to the Interim Judicial Management hearing, which a judge has actually designated Ee Meng Yen Angela and Aaron Loh Cheng Lee of EY Corporate Advisors Pte. Ltd. as the Interim Judicial Managers. Hodlnaut froze withdrawals previously in August, mentioning tough market conditions. The federal government of the Central African Republic, a nation that embraced bitcoin as legal tender in April this year, will not be permitted to offer land and citizenship in exchange for financial investments in the nation's cryptocurrency, the Sango Coin. That is per a judgment by the nation's Constitutional Court, Bloomberg reported Scalability news The Ethereum scaling network Arbitrum stated it will go through a significant upgrade on Wednesday that will result in 2-4 hours of downtime beginning with 10: 30 ET (14: 30 UTC). The upgrade, called Nitro, is anticipated to increase deal throughput, cut deal charges, and streamline interactions in between Arbitrum and Ethereum. Investments news Crypto lending institution Nexo( NEXO) stated that its Board of Directors designated an additional USD 50 m to the business's enduring Buyback effort. This approval allows the business "to discretionally and occasionally bought its native NEXO Token outdoors market," they included. At the time of composing, NEXO trades at USD 0.98 and is up 1% in a day and 9% in a week. The significant monetary derivatives exchange CME Group stated it released euro-denominated bitcoin (BTC) and ethereum (ETH) futures. The mobile video gaming company Limit Break has actually raised USD 200 m throughout 2 financing rounds led by video gaming company Mino Games chairman Josh Buckley and financial investment companies Paradigm and Standard Crypto, per a tweet from the company. Singapore state financier Temasek Holdings is set to lead a USD 100 m financing for crypto video gaming and NFT business Animoca Brands through convertible bonds, Bloomberg reported, mentioning concealed "individuals knowledgeable about the circumstance." Web3- focused video game publisher Xterio stated it raised USD 40 m in a round led by FunPlus, Makers Fund, FTX Ventures, and XPLA, to name a few financiers. Numerous video games are presently in advancement, with item statements coming this fall, per the company. Indonesian tech company PT GoTo Gojek Tokopedia Tbk, much better referred to as simply GoTo, has actually gotten 100% of the shares in the regional crypto exchange PT Kripto Maksima Koin, Reuters reported The financial investment marks GoTo's primary step into the crypto area, and the company stated it sees blockchain playing "a traditional function in the future of financing." RedStone Finance, a company of oracles for DeFi applications, has actually raised USD 7m in a seed financing round led by Lemniscap, with involvement from Coinbase Ventures, Blockchain Capital, Maven11 Capital, Distributed Global, Lattice, and Arweave RedStone stated it prepares to utilize the cash to additional advancement of its oracles and modular data-processing wise agreements on Arweave called Warp. Economics news Annual balanced inflation in Germany is approximated to reach 8.8% in August, per the Federal Statistical Office ( Destatis), and remain in line with the agreement projection and up from July's 8.5%. Payments news The United States Federal Reserve has actually upgraded the timeline for the launch of

its FedNow Service, a brand-new across the country instantaneous payment system in the United States. According to the most recent upgrade, the FedNow Service is arranged to release mid-year 2023. Read More

[joyway2018-blog]

Last Mile Delivery

The urban surroundings could be a specific challenge for provision corporations and notably thus in ASEAN. The walk of the provision chain, that accounts for an oversized proportion of cargo prices and complexness of operations, is usually the foremost inefficient. This distribution unskillfulness in urban areas comes from low load factors, long dwell times at loading and unloading points and a high variety of delivery needs to individual customers among a brief time.

Two of the main challenges common to the walk pertain to loose deliveries and high delivery failure rates. For the previous, the shortage of order and delivery coordination between retailers has resulted in customers receiving multiple deliveries and a considerable quantity of your time awaiting their parcels. At the speed that buyers square measure turning to e-commerce for his or her desires, this is often a difficulty that must be self-addressed. For the latter, delivery failure rates have exceeded fifteen per cent signalling a desire for improvement within the current procedure.

Failed deliveries incur additional delivery prices for corporations as they create continual journeys to a similar threshold. because the e-commerce market in ASEAN grows to a foretold US$88 billion (S$120 billion) in but a decade, last mile delivery solutions should develop at a similar pace to satisfy the expectations of lots of customers. Singapore is presently undergoing some walk delivery developments and transformation:

TR46: Technical reference for walk delivery

Jointly launched by the Singapore producing Federation-Standards Development Organisation (SMF-SDO), Infocomm Development Authority of Singapore and SPRING Singapore, the TR46:2016 aims to standardise dataset formats and contour delivery processes between e-commerce retailers and provision service suppliers.

A common format can immensely improve communication between the varied players within the e-commerce provide chain; effectively reducing time, costs, and delivery errors, and sanctioning a seamless expertise for patrons.

Smart lockers

In Singapore, the Infocomm Media Development Authority (IMDA) has been tasked to deploy a nationwide united locker network to remodel the long run of walk deliveries in Singapore and cut back house-to- house delivery inefficiencies, particularly given the rise in on-line looking. Citing knowledge from provision suppliers, IMDA aforementioned that quite one in ten deliveries couldn't be consummated due largely to recipients not being reception. The locker system proposal won't be tied to any single operator, and might be utilized by all couriers, probably benefiting quite seven,600 provision service suppliers operational within the country.

Drone deliveries

The usage of drones is continually evolving in ASEAN with several developments in varied countries. Drone deliveries price less to control than ancient ground vehicles leading to price savings. Delivery time is additionally greatly shortened providing the fulfilment of same-day delivery for patrons.

In September 2015, Singpost with success conducted a recipient – documented delivery via associate unmanned Aerial Vehicle, its payload enclosed a letter and shirt. what is more, Singpost signed a partnership agreement with airliner Helicopters in April 2017, with aims to develop associate aerial drone delivery system for the urban town.

E-commerce case studies in Singapore

Amazon Prime

In July 2017, Amazon Prime was formally launched in Singapore with a 9290 Sq. m facility set within the west a part of the country. Prime currently in Singapore marks Amazon’s initial foray in Southeast Asia and it runs on a replacement operational model that leverages knowledge and technology like computing to realize bigger resource potency and near-real time delivery of products. Amazon Prime’s two-hour delivery service is simply created offered through the Prime currently mobile app. It provides shoppers in Singapore access to tens of thousands of product starting from groceries to physical science and equipment from its fulfilment centre.

Lazada (www.lazada.com)

Headquartered in Singapore, Lazada cluster could be a in private owned e-commerce company supported by Rocket net in 2011. As of 2014, Lazada cluster operated sites in state, Malaysia, Philippines, Singapore, Thailand, and Vietnam and had raised just about US$647 million (S$883 million) over many investment rounds from its investors like Tesco, Temasek Holdings, Summit Partners, JPMorgan Chase, Investment AB Kinnevik and Rocket net.

In April 2016, Alibaba cluster proclaimed that it supposed to amass a interest in Lazada by paying US$500 million (S$681 million) for brand new shares and shopping for US$500 million price of shares from existing investors. land market company Tesco confirmed the sale of eight.6 per cent of its holding in Lazada to Alibaba for US$129 million (S$175 million). In June 2017, Alibaba cluster redoubled its investment in Lazada by an extra US$1 billion (S$1.3 billion), raising its stake from fifty one per cent to eighty three per cent. Alibaba invested with another US$2 billion (S$2.7 billion) into Lazada in March 2018. In Philippines, Lazada was graded the highest e-commerce player by iPrice, garnering a staggering sixty seven,679,800 monthly visits on-line in April 2018 compared to its nearest pursuer Shopee with nine,165,600 visits a month. In Singapore alone, Lazada has over five,000 retailers listed on the location, together with house names like Watsons, Best Genki and Gain town.

Redmart (www.redmart.com)

RedMart restricted was incorporated in 2011 and is predicated in Singapore. RedMart restricted operates a web grocery portal in Singapore. the corporate permits customers to shop for recent manufacture, meat and food, dairy farm and chilled, bakery, frozen, beverages, food cabinet, alcohol, health and wonder, house and pet, baby and kid, and residential and out of doors product on-line. It conjointly provides home delivery services. As per the dealings proclaimed on Christian holy day, 2016, RedMart restricted operates as a subsidiary of Lazada South East Asia Pte. Ltd.

Reebonz (www.reebonz.com)

Reebonz is a web platform for getting and merchandising luxury product. they provide premium brands at deep discounts privately sales and square measure modelled round the conception of ‘accessible luxury’, wherever members will look on internet or mobile for associate exciting assortment of recent and preowned luxury merchandise. Reebonz is one among the foremost established on-line luxury sales corporations in Southeast Asia, with business operations in eight countries, Singapore, Malaysia, Indonesia, Taiwan,Hong Kong, Thailand, Australia and Republic of Korea. Reebonz was established in 2009 once e-commerce was simply starting in Asia and there was no clear market leader nonetheless. it had been conjointly the year of the worldwide monetary Crisis and lots of brands and corporations were handling buy in and Reebonz provided simply the platform for them to liquidate their inventory.

In 2017, Reebonz opened its 23225 sq. m headquarters in Singapore, housing its regional distribution centre yet as its international procural and promoting operations. The S$42 million (US$30 million) facility provides the corporate with a strategic platform to manage its regional cross border distribution from one single centre to serve the region.

Joyway offers last mile delivery solutions across the Singapore.

[leviathan8146-blog]

Computer-delivered IELTS or PTE – Which one is better?

The pace of technological advancements is fast engulfing all the traditional strongholds. The impact is clearly visible in the educational sector as well, be it the delivery or the format of a test. A recent adoption of technology can be seen in IELTS, with the introduction of a Computer-delivered IELTS which allows the test taker to take all the sections of the test on a computer, except for the speaking section that still continues to be in person.

But, what was the need to develop such a test, when there already is competition from PTE (another computer based English language proficiency test)? The need arose due to the differences that exist between both the tests. The major differences are discussed in this article.

The first thing to consider is the format of both the tests, which is very different. Computer-delivered IELTS is divided into four modules: listening, reading, writing and speaking and lasts for a period of 2 hours and 45 minutes. PTE consists of three sections: speaking and writing, reading, and listening and lasts for 3 hours. The speaking module of IELTS is tested on a day other than the day on which other modules are tested. However, all the sections of PTE are tested on a single day. All sections of PTE are computer based, while only three modules of IELTS are conducted on a computer, speaking test being a face-to-face interview. For those, who fear speaking face to face in an examination, IELTS can prove to be a difficult choice.

 However, in case of Computer-delivered IELTS, there is a facility of navigating among the questions until the test is completely submitted. There is also an option through which you can mark the question you are doubtful about, in order to review it afterwards. This makes it easy to change the answers before the final submission. You can also take notes and highlight the important words. But in case of PTE, once you submit an answer and move to the next question, there is no moving backwards. You cannot change the answer after going to the next question or at the end of the test. This feature of navigation across questions in Computer-delivered IELTS makes it easy for the test taker to review the answers and be sure before the final submission.

Another difference lies in the scoring criteria of both the tests. The tests are checked or evaluated using different approaches. All sections in the PTE test are evaluated by a software. Hence, there are no chances of human bias being involved in the test scoring. However, there can be a minimal chance of unsatisfactory evaluation in the writing and speaking sections. On the other hand, in Computer-delivered IELTS, the writing and speaking modules are checked by language experts, while the reading and listening modules are checked by a software itself. This segregation of scoring in Computer-delivered IELTS is in order to provide a true picture of the skills of the test taker.

The results of PTE are available within 5 business days, while it takes around 5-7 days in Computer-delivered IELTS. This parameter puts both on equal footing.

The scorecards of both the tests are also different. Computer-delivered IELTS presents the scores individually as well as an average score of all the four sections. It scores the ability of a person to survive in an English speaking environment on a scale of 9, where a score of 1 represents a non-user and 9 represents an excellent user. However, the PTE scorecard distributes the scores into two skills, viz. Communicative skills consisting of listening, reading, speaking and writing scores, and Enabling skills consisting of grammar, oral fluency, pronunciation, spelling, vocabulary and written discourse. The scoring of PTE is done on a scale of 10 to 90.

Another thing to consider is the test fee. Although, the registration fee for both the tests is same, there are additional charges ($85) for late booking in case of PTE, which makes it an expensive choice for those deciding to appear for the test on the earliest possible date.

There are factors which put PTE exam in a superior position, such as ease of answering and speaking to a computer, and faster results. On the other hand, there are reasons that speak in favour of Computer-delivered IELTS, such as no additional fee, navigation facility and accuracy in assessment. If you want the ease of freely choosing which question to attempt and when and the facility of reviewing your questions, you must go for computer-delivered IELTS. If it is convenient for you to take the test in one-go, PTE is the right choice. If you wish not to answer all the modules on the same day, Computer-delivered IELTS would be appropriate. Also, if you want a complete computer-based assessment, you must go for PTE. The choice depends upon the weightage you give to various factors.

[sadisweetomi]

Executive ImpactLogistics real estate firm ESR explores diversity, renewable energy

TOKYO

While we may enjoy the fruits of consumerism—marked by an abundance of goods and, increasingly, on-demand services and delivery—we rarely give much thought to the systems and infrastructure that underpin this global social force. A key component of the logistics systems that are vital to the consumerist world is the humble warehouse. For British Chamber of Commerce in Japan (BCCJ) member ESR Ltd., warehouses are their bread and butter.

The firm is a fully integrated logistics real estate development and fund management enterprise, with operations spanning Japan, China, South Korea and Singapore. The firm owns or leases 132 properties across Asia, making it one of the largest developers and investors in this asset class.

“These glorious looking warehouses, that’s all we do—there’s nothing sexy about them”, said Stuart Gibson, co-founder and chief executive officer of ESR. “It’s not a glass building in Marunouchi or in front of Tokyo Station—they’re just giant warehouses, or distribution centres as we prefer to call them, with not many windows”.

But while they might not be glamorous, they’re significant business, as the sums in ESR’s various funds attest. Attracting investment from the likes of Morgan Stanley and various endowment funds and institutional investors, the firm’s Redwood Japan Logistics Fund 1 is now worth $1 billion, and a second fund is at the same level and will be closed once it reaches about $1.35 billion. Another for projects in South Korea currently sits at $500 million.

After financing is factored in, the firm has around $4 billion at its disposal, a figure that will continually increase. Currently, ESR has an investment pace of around $800 million each year in Japan. “I personally don’t view our type of business as a real estate business—I see it more as an infrastructure play, and logistics really is the backbone of the economy”, said Gibson.

While ESR is the product of the January 2016 merger of China’s e-Shang Cayman Ltd and the Redwood Group Asia, Pte. Ltd., Gibson’s firm, he is adamant that ESR remains a British firm, owing to its roots. Meanwhile, although the merger has expanded Redwood’s China operations, Japan remains a key focus.

“We’ve probably invested more in the past three years than any other British firm in Japan, and by that I mean some of the big iconic firms”, said Gibson. “In the past three years, we’ve probably invested about $3.2 billion in Japan”.

Labour pains

As with many firms in Japan, ESR is having to adjust to the country’s ageing demographic.“The big white elephant in the room right now is labour”, said Gibson. “There are fewer and fewer people of working age in Japan, since the death rate is 1.82, whilst the birth rate is 1.42—the maths does not lie—and all the artificial intelligence and robotics in the world isn’t going to cure that in the next 10 years.

“Five years ago, my customers, the first thing they would say to me was, ‘How much is that rent per tsubo per month?’”

But that is no longer the case.

“Before we talk about rent, before we talk about the length of the lease contract, they ask, ‘Where do I get workers? Is there a labour pool nearby?’” Gibson explained.

With levels of immigration still low, firms and policymakers have had to explore ways to make the most of the underutilised section of the labour force, namely, women. This reflects Prime Minister Shinzo Abe’s womenomics agenda.

“I can’t procure workers, but I can create an environment where people want to go there”, explained Gibson. “The only untapped resource is stay-at-home mums—we need to bring these ladies back to work if we can, and the only way you can do that is if you take care of the kids”.

Since government centres are oversubscribed, the firm has chosen to make daycare facilities a standard provision at ESR warehouses that are larger than 100,000m2. In addition, the newer warehouses also have lounges and spaces that employees and members of local communities can use. This is all a part of what ESR calls “human-centric design”, and Gibson joked that in some cases the facilities look more like resorts than traditional warehouses.

These steps represent a costly undertaking for the firm. Not only does it provide and pay for the services, but the facilities eat into the bottom line by taking up valuable floor space that would otherwise be used for storage and distribution.

Meanwhile, the government is also trying to do its bit by encouraging the adoption of different work styles. Notably, that has come in the form of the Premium Friday initiative, which encourages firms to let staff leave at 3pm on the last Friday of the month. Although he does believe this to be a step in the right direction, Gibson characterises the scheme as “gimmicky”.

“I would much rather the government put increased pressure on firms to make people work a little bit less and get paid a little bit more”, he said, pointing out that many Japanese firms sit on hoards of cash.

“If they’re sitting on a bunch of profits, they really have to pass it down to their workers before it can go into the general circulation of the economy, and that’s what they really have to tackle. I just don’t think they’ve really got to grips with that right now”.

ESR has also made a push into renewable energy by installing solar panels on its warehouse roofs. This not only provides ESR with a profitable side business, but also helps Japan in terms of its energy needs.“[The development at Nanko in Osaka] gets us almost seven megawatts, which is huge”, explained Gibson. “We’ve got a separate firm called Redwood Renewables, which I think now has got a pipeline of about 20 megawatts of power that we can generate.

“I’m quite proud of these kinds of offshoot businesses that came up”, he continued. “There was a problem generating electricity and we turned it into an opportunity. And it’s also that our investors love it as well, because it’s part of your corporate social responsibility and your carbon footprint”.

Indeed, the chance to promote its contributions to tackling two of Japan’s biggest problems—labour and energy—was one of the motivations for ESR’S BCCJ membership.

“I think it could be a good stage for us, to maybe just shine a light on who we are and what we do, and maybe to just underline some of the initiatives that we’re coming up with, like bringing women into the workplace, trying to enhance the workplace environment”, said Gibson.

“If you’re just building warehouses and people pay rent, it can become a kind of dull business to be quite honest. But we like to change the perception of what people think of as a warehouse”.

A Day in the Life: Stuart Gibson

7 a.m.: Woken up by twins, go through breakfast ritual with children, catch up on emails

9:30 a.m.: Get to the office. Go over areas of land, design and leasing throughout the day

10:30 a.m.: Meetings and conference call with staff

12 p.m.: Lunch with clients

1:30 p.m.: Meetings with banks, clients and investors

4 p.m.: Conference calls with oversea clients in Asia and Europe

6:30 p.m.: Dinner with clients

9 p.m.: Back home, take care of children

10 p.m.: Conference call with clients in North & South America