23 12 月, 2022

Moshi Moshi Retail (SET: MOSHI) debuts on SET as it pursues aggressive growth to reign supreme in lifestyle product retailing

BANGKOK, Dec 22, 2022 - (ACN Newswire via SEAPRWire.com) - Moshi Moshi Retail Corporation (SET: MOSHI) is set to make a debut on the Stock Exchange of Thailand (SET) on 22 December, marking a new chapter of the flourishing business of Thailand's leading lifestyle product retailer.It follows an enthusiastic initial public offering (IPO) launch that saw its 75 million shares snapped up in a show of investors' confidence in the potential of MOSHI. By going public, the company is ready to embark on a major expansion that will see its chain stores rising to 165 by 2025, thus maintaining its leadership in Thailand's lifestyle product market.Mr. Sanga Boonsongkor, Chief Executive Officer of MOSHI, said the entry to the Thai bourse represents a major new milestone in the company's successful history. With the potential, competitive edge, and fundamentals as the major player in lifestyle goods retailing, MOSHI shares would gain the strength that attracts investors' attention, he stated. Currently, the company is involved with up to 12 product categories that meet the needs of customers. They are home furnishing, bags, stationery, plush dolls, fashion accessories, beauty products, apparel, cosmetics, IT equipment, toys, food and drink, and other categories such as fabric masks and COVID-19 Antigen Test Kit. Altogether, there are more than 22,000 stock keeping units (SKUs) in MOSHI's system.The products come in collection forms with new offerings being laid out in stores every month to make it appealing to buyers with colors and patterns designed by the company's in-house team and licensed cartoon characters such as Mickey Mouse, We Bare Bears, Winnie the Pooh, Snoopy, and Hello Kitty. The firm will use the proceeds from the fundraising for store expansion and investment in future projects. That includes the development of the original branches and improving the efficiency of the company's operations such as the development of supply chain systems and point of sale systems. In addition, MOSHI is pondering the establishment of stand-alone stores outside department stores in areas close to target customers such as community areas and schools, as well as opening franchised outlets.The target is for ramping up Moshi Moshi and GIANT outlets to 165 stores by 2025 from 101 operating as of 30 September 2022. Most of the outlets are located in leading department stores, hypermarkets, and local department stores nationwide.Mr. Sanga noted that the company would open two trial stand-alone branches in secondary provinces outside department stores at locations in communities, schools, and government centers. "We will study customer and shopping behaviors in secondary provinces to determine the product mix that is suitable for outlets in those localities, taking sale figures, and profit margins to analyze and determine the appropriate format of a franchise as MOSHI has set its sights on expanding its franchised operations in 2024."Mr. Pongsak Phrukpaisal, Managing Director of Kasikorn Securities PCL which serves as a financial adviser and underwriter for MOSHI allotment, said the company is ending 2022 with a high note, thanks to its listing on the SET. He said: "MOSHI is in the lifestyle product industry which is growing faster than the retail industry in general. "That is because lifestyle products are an indication of identity and therefore it has expanded according to the growth of the middle class.Moreover, MOSHI has advantages over competitors such as the management team with a long retail business experience and a good relationship with manufacturers and distributors both at home and abroad. Yet, MOSHI has many products that are only available at its stores. By being a Thai company with its own procurement and product development department, it has a good understanding of the market and the needs of the Thai people. As a result, the company has been able to constantly launch new products to respond to the demand trends of customers that change quickly. Meanwhile, MOSHI has an outstanding store design that makes it different from other operators' shops," he concluded.Visit https://www.moshimoshi.co.th/, [SET: MOSHI][SET: MOSHI/F][SET: MOSHI-R].Released for Moshi Moshi Retail Corporation for MT Multimedia Co LtdOnanong Pattaravejkul (Fah), T: +66 (0) 86-801-8888, E: ornanong.p@mtmultimedia.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

9 8 月, 2022

ALTAVA Enters into Partnership with Hyundai Department Store

Hyundai Department Store Set to Strengthen Its Web3 Presence through the MOU with ALTAVA Seoul, Korea, August 09, 2022 – (SEAPRWire) – ALTAVA Group, the leading luxury fashion metaverse, signs an MOU with Hyundai Department Store, one of South Korea’s three largest department store chains, in order to strengthen their Web3 presence. Hyundai was the first department store in Korea to launch a digital wallet when the company announced H.NFT wallet earlier this year. H.NFT, can be accessed through Hyundai Department Store Group’s H.Point app, a membership service offered by all subsidiaries in the group. “ALTAVA is one of the leaders when it comes to helping leading luxury brands to connect to Web3. This cooperation will strengthen the utility and add premium value for our H.NFT wallet and its users,” said a representative from Hyundai Department Store. “Hyundai Department Store plans to issue NFTs containing information on promotional events and VIP lounge access, and collaborate with artists to create tokenized digital art. We are excited to work closely with them to bring additional content and services to their customers,” said Andy Ku, ALTAVA Group CEO/Co-Founder. About ALTAVA Group ALTAVA Group is a Singapore-based company with offices in Seoul, Ho Chi Minh City, London, and Paris. ALTAVA is the luxury fashion metaverse that enable users to discover, interact, and express themselves through hi-fidelity avatar. The Company operates WOY (World of You), a meter verse that provides omni-platform experiential solution which seamlessly connect consumers to real-world and virtual world for high-end luxury brands and discerning partners. Link to ALTAVA Social Media/ Website Announcement Telegram: https://t.me/altavaofficial Telegram Chat: https://t.me/altavachat Discord: discord.gg/altava Twitter: twitter.com/altavagroup Medium: medium.com/@altavagroup Facebook: https://www.facebook.com/altavagroup Linkedin: https://www.linkedin.com/company/altava Instagram: https://www.instagram.com/altavagroup/ Japan Telegram: https://t.me/altavajapan Japan Twitter: https://twitter.com/altavagroupjp PR/Media Contact Brand: ALTAVA Name of Contact Person: Oh Thongsrinoon Email: media@altava.com Company Headquarter: 6 Eu Tong Sen Street #11-1OU, The Central, Singpore 059817 Website: https://altava.com/ SOURCE: ALTAVA The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)

8 2 月, 2022

5,000+ Educators, Policymakers & Technology Leaders Assemble to Plan for the Future of Education in the Philippines

MANILA, Feb 8, 2022 - (ACN Newswire via SEAPRWire.com) - On 16-17 February 2022, the 6th annual EDUtech Philippines 2022 will once again bring together the Philippines' entire education ecosystem to discuss new strategies, pedagogies and innovations to bring 21st century quality education to all in the Philippines. The past two years have shown just how important technology in education truly is, and how being up to date on technology strategy, digital pedagogy and tools is crucial to the delivery of quality education in a hybrid environment. With that in mind, EDUtech Philippines has created a program tailored to the needs of an increasingly technology-driven education community.Gracing the event is the Guest of Honour, H.E. Secretary Leonor Magtolis Briones, Secretary of Education, Department of Education, Philippines (DepEd), who will open the event through a keynote address at 9am on 16 February, providing an outlook into the future of K-12 education in the Philippines and how the transformation roadmap will be achieved through partnerships, innovation and technology.Building on this, Fr. Aristotle C. Dy, SJ, PhD, President of Xavier School, Ms Bernadette Nacario, Country Director of Google Philippines and Mr Michael Ngan, President and General Manager of Lenovo Philippines will also be delivering keynotes about developing the workforce of the futures with 21st century skills and the importance of technology in enhancing learning for all. On Day Two, Executive Director David B. Bungallon of the National Institute for Technical Education and Skills Development (NITESD), Technical Education and Skills Development Authority (TESDA) will share how TESDA is providing accessible, high-quality technical vocational education and training. While Dr. Betty Cernol McCann, President, Silliman University discusses strategies for designing and implementing innovative digital solutions for your institution.In addition to the visionary keynotes, there will be a series of K-12 and Higher Education fireside chats and panel discussions by 100+ expert speakers on digital leadership, learning and teaching technologies, digital pedagogies digital schools and campuses and more.Additional featured speakers at EDUtech Philippines include:- Hon. Ma. Josefina "Joy" Belmonte, Mayor, Quezon City Government- Redilyn C. Agub, Chief, e-TESDA Unit, NITESD, TESDA - Abram Y.C Abanil, Director IV, Information and Communications Technology Service, Department of Education Philippines - Trish Anne Castro, Principal, De La Salle University Integrated School- Paul Anthony Notorio, Director, Center for Innovative Learning Programs, De La Salle University-Dasmarinas- Mark Sy, Chief Academic Officer, APEC Schools- Prof. Dr. Cheryl Peralta, Vice-Rector for Academic Affairs, University of Santo Tomas - Maria A. Roque, Chief, TESDA Specialist, National TVET Trainers Academy (NTTA), NITESD, TESDA - Estela Carino, Regional Director Cordillera Administrative Region, Department of Education Philippines - Samuel Gipson, Head of Secondary, Nord Anglia International School Manila - Dr. Dave E. Marcial, Director, Silliman Online University Learning - Enzo Flojo, Asst. Principal for Formation, Ateneo de Manila Junior High School - Catherine M. Catamora, Director, Education Technology Office, Far Eastern University - Francis Jim Tuscano, Grade School EdTech Coordinator, Xavier School San Juan - Prof. Ganemulle Lekamalage Dharmasri Wickramasinghe, PhD, Director General, Colombo Plan Staff College Besides the conference, the exhibition will feature a showcase of the latest education technologies by Google for Education, Lenovo, Canvas by Instructure, Coursera for Campus, REX Education, Globe Business, NEO by Cypher Learning, Linux Professional Institute and more. Supported by DepEd and TESDA, the two-day free-to-attend conference and exhibition is expected to gather over 5,000 education stakeholders from Philippines and beyond.About EDUtech Philippines 2022Date: 16-17 February 2022 | VirtualWebsite: www.terrapinn.com/Join-EDUtechPhil22 Admission is free for all Register for a free pass here: https://bit.ly/3sjFSw8 About TerrapinnTerrapinn is a business media company. Its products are trade exhibitions, conferences, training solutions and electronic and print publications. For more information, please visit www.terrapinn.com.Note: Press registration for the conference is compulsory and advance scheduling for speaker/ sponsor interviews is recommended. Press passes are strictly reserved for reporters, journalists, editors only. Final issuance of press passes is subjected to Terrapinn's discretion. For your complimentary press pass, please contact the following:Jessica FoongTerrapinn Pte LtdJessica.foong@terrapinn.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

18 11 月, 2021

Mitsubishi Shipbuilding Holds Launch Ceremony in Shimonoseki for Second MRRV for the Philippines Department of Transportation

TOKYO, Nov 18, 2021 - (ACN Newswire via SEAPRWire.com) - Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, held a launch ceremony today (November 18th) for the second of two large multi-role response vessels (MRRVs) being built to order for the Department of Transportation in the Republic of the Philippines. The ceremony took place at the Enoura Plant at MHI's Shimonoseki Shipyard & Machinery Works in Yamaguchi Prefecture. The christening and handover of this vessel is planned for September 2022 after cruised to Manilla in May 2022. Additionally, the christening and handover of the first vessel is scheduled for May 2022 after cruised to Manilla in early March, following outfitting work and trial runs.Launch Ceremony of Second MRRV for the Philippines Department of TransportationMRRVs play an important role in severe-weather rescue missions and patrolling in offshore and coastal zones. This vessel has an overall length of approximately 96.6 meters, with a maximum speed of 24 knots and a cruising range of up to 4,000 nautical miles. It is equipped with secure communication systems for Exclusive Economic Zone (EEZ) surveillance, a helideck and hangar for helicopter operations, an underwater remotely operated vehicle for subsurface search and survey, high-speed rubber boats and other essential equipment for maritime domain awareness and maritime law enforcement operations. The ship will make a significant contribution to enhancing the speed of response to maritime accidents or crimes on the Philippines EEZ and high seas.This project is being financed by the Japanese government under a yen loan agreement corresponding to Phase II of the Maritime Safety Capability Improvement Project concluded between the Republic of the Philippines and Japan in October 2016. The project terms call for application of Japanese technology, notably expertise in shipbuilding.Going forward, Mitsubishi Shipbuilding will continue to build vessels for both domestic and overseas use that deliver exceptional fuel efficiency and environmental performance, contribute to the safety and security of society, and support international contributions, working with its customers for the advancement of society.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on www.spectra.mhi.com. Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

26 7 月, 2021

Mitsubishi Shipbuilding Holds Launch Ceremony in Shimonoseki for First MRRV for the Philippines Department of Transportation

TOKYO, Jul 26, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, held a launch ceremony today (July 26th) for the first of two large multi-role response vessels (MRRVs) being built to order for the Department of Transportation in the Republic of the Philippines. The ceremony took place at the Enoura Plant at MHI's Shimonoseki Shipyard & Machinery Works in Yamaguchi Prefecture. The christening and handover of this first vessel is scheduled for May 2022 after cruised to Manilla in early March, following outfitting work and trial runs. The launch ceremony for the second vessel is scheduled for November 18, 2021, with christening and handover planned for September 2022 after cruised to Manilla in May 2022.Launch Ceremony of First MRRV for the Philippines Department of TransportationMRRVs play an important role in severe-weather rescue missions and patrolling in offshore and coastal zones. This vessel has an overall length of approximately 96.6 meters, with a maximum speed of 24 knots and a cruising range of up to 4,000 nautical miles. It is equipped with secure communication systems for Exclusive Economic Zone (EEZ) surveillance, a helideck and hangar for helicopter operations, an underwater remotely operated vehicle for subsurface search and survey, high-speed rubber boats and other essential equipment for maritime domain awareness and maritime law enforcement operations. The ship will make a significant contribution to enhancing the speed of response to maritime accidents or crimes on the Philippines EEZ and high seas.This project is being financed by the Japanese government under a yen loan agreement corresponding to Phase II of the Maritime Safety Capability Improvement Project concluded between the Republic of the Philippines and Japan in October 2016. The project terms call for application of Japanese technology, notably expertise in shipbuilding.Going forward, Mitsubishi Shipbuilding will continue to build vessels for both domestic and overseas use that deliver exceptional fuel efficiency and environmental performance, contribute to the safety and security of society, and support international contributions, working with its customers for the advancement of society.Overview of MRRV No. 1Owner: Republic of the Philippines (Department of Transportation)Loa: Approx. 96.6 metersBeam: Approx. 11.5 metersDepth: Approx. 5.2 metersGross tonnage: Approx. 2,260 tonnesCapacity: 67 persons (17 officers and 50 crew)Maximum speed: 24 knotsAbout MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on www.spectra.mhi.com. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

10 6 月, 2021

Robinsons to reopen as online mall on June 24

SINGAPORE - After exiting Singapore in January, 163-year-old retailer Robinsons will make a comeback as an online department store. In a statement on Thursday (June 10), the iconic mall announced that it was acquired by wholesale supplier Canningvale Australia this month. The newly independent Robinsons Department Stores Online has already hired two former Robinsons employees and will employ Singaporeans to "fill various positions across the business", it added. The website will go live on June 24. With its head office based in Singapore, the business will be led by Mr Jordan Prainito, the former managing director of Canningvale Australia. He said: "I'm excited to be relaunching such an iconic brand. The brand has a rich history, and it strongly resonates with Singaporean and South-east Asian customers. It just needs to be catapulted into the 21st century." The online department store will feature more than 200 brands and collaborations that will debut exclusively on the new platform. On the digitalisation, Mr Prainito said: "We'll apply the learnings from Canningvale's digital transformation, where we saw e-commerce sales increase tenfold in under five years. "This was achieved through a combination of sourcing expertise, range clarification, system automation, marketing expertise and a forensic focus on our customers." Nearly empty shelves in the Robinsons store at Raffles City Shopping Centre, prior to its closure, on Oct 31, 2020. ST PHOTO: JESSIE LIM Founded in 1858 by Philip Orbinson and James Gaborian Spicer, Robinsons began as a "family warehouse" selling items such as food and women's hats. Despite being hit twice by Japanese bombs during World War II in 1941 and gutted by a massive fire in 1972, the mall survived as an iconic shopping destination in Singapore. However, years of declining sales sent the department store into voluntary liquidation on Oct 30 last year. The new mall, Robinsons Online, will be accessible at this link. Robinsons to close last stores at The Heeren, Raffles City | ST LIVE More on this topic Related Story New BHG concept store replaces Robinsons at Raffles City Shopping Centre Related Story Robinsons to close stores: Down memory lane with one of S'pore's oldest home-grown department stores

27 11 月, 2020

Crowds turn up in Orchard Road on Black Friday morning even as sales move online

SINGAPORE - Healthcare worker Hilda Khoo beat out about 400 other shoppers to be first in line to enter Takashimaya on the morning of the annual Black Friday sales event, which fell on Nov 27 this year. The queue to enter the department store ran from the first floor to the basement, with crowds leaving at least a 1m space for social distancing. Mrs Khoo, 54, took leave on Friday to buy household items, as she had recently moved to a new home. She was at Takashimaya 50 minutes before the opening time of 11am. "I thought there would be more of a crowd," she said. She was one of many who showed up at physical stores across Singapore despite more Black Friday sales moving online. "I'm not the type who can shop online. I like to touch and feel fabrics, and I can't visualise the colour or texture when I see it on screen," she added. Black Friday sales started in the United States as a way to mark the start of Christmas shopping. On the first Friday after Thanksgiving Day on Nov 26, stores push out items at discounts. The Straits Times walked along the Orchard Road shopping stretch on Friday and found queues were shorter and shops less packed than in previous years. The tone was more muted at Robinsons, which is holding its final Black Friday sale in the light of its recent liquidation announcement. Still, the 162-year-old department store attracted some loyal shoppers. Retired senior vice-president in the insurance industry Ong Chong King, 56, has been coming to the store since childhood. He was in the queue to enter the store at The Heeren at 10am. Shoppers queueing outside Takashimaya department store before it opens at 11am More on this topic Related Story Robinsons' closure: Department stores struggle to find relevance with today's shoppers Related Story Robinsons to hold last Black Friday sale with discounts of up to 70%

30 10 月, 2020

Robinsons to close stores: Down memory lane with S’pore’s oldest home-grown department store

SINGAPORE - Robinsons said on Friday (Oct 30) that it is closing its last two department stores at The Heeren and Raffles City Shopping Centre. We look back on the defining moments of Singapore's oldest home-grown department store. 1858: A new firm, Spicer & Robinson, is founded by Englishman Philip Robinson, then living in Singapore, and James Gaborian Spicer, a former keeper of the Singapore Jail. The company is located in Commercial Square, now known as Raffles Place. 1859: The firm expands from mainly selling groceries to millinery and dressmaking. By the end of the year, James Spicer leaves the business and the company is renamed Robinson & Co. Philip Robinson also brings in a new business partner, George Rappa Jr. 1881: By this time, Robinsons is the preferred store for European expatriates in Singapore. 1891: After moving several times, including to North Bridge Road and Coleman Street, the store returns to its original location in Raffles Place. 1920: Robinson & Co becomes a limited company. 1941: The outlet at Raffles Chambers is hit twice by Japanese bombs during World War II, but reopens the next day. 1942-1945: The firm is closed during the Japanese Occupation. 1946: The department store resumes trade. 1955: Robinsons takes over John Little. 1957: The store undergoes a facelift and is called the "handsomest shop in the Far East". 1958: Robinsons gains the franchise for Marks and Spencer for Singapore. 1972: The store is destroyed by a fire in Raffles Place that kills nine people and wipes out $21 million worth of property. It relocates to Specialists' Centre in Orchard Road after the fire. 1983: Robinsons becomes the anchor tenant at The Centrepoint. 1990s: Regular warehouse sales during this period tarnish its reputation as an upscale department store. 2001: A new $30 million store, covering 85,000 sq ft, opens at Raffles City in March, targeting trendy, young customers. The Centrepoint outlet gets a brand new look. 2006: OCBC Bank sells 29.9 per cent of its stake in the group to Indonesia's Lippo Group, through Auric Pacific Singapore, for $203 million. 2008: Retail operations are sold for $600 million to the Al-Futtaim Group based in the United Arab Emirates. 2013: Robinsons moves to a new S$40 million outlet at 260 Orchard Road (formerly The Heeren), taking over five floors and the basement. The swanky store, with many new brands, aims to attract a high-end market with its stylish interior and posh atmosphere. Another outlet is opened at Jem in Jurong East. 2014: Metro announces that it will replace the former Robinsons store at The Centrepoint as the anchor tenant and will open the store in the fourth quarter of the year. Robinsons' managing director Franz Kraatz steps down. 2016: Robinsons launches its website. It also closes the last John Little outlet at Plaza Singapura at the end of 2016. 2017: It expands to the Middle East with a store at Dubai Festival City in Dubai. 2018: A store at Kingdom Centre in Riyadh, Saudi Arabia, is opened. 2020: Robinsons closes its store at Jem.