HONG KONG, Feb 26, 2025 - (ACN Newswire via SeaPRwire.com) - The Hong Kong Trade Development Council (HKTDC) welcomes the 2025-26 Budget announced this morning by the Financial Secretary of the Hong Kong Special Administrative Region (HKSAR), Paul Chan.The Budget introduces a series of measures centred around technological innovation to empower industrial development and facilitate the continuous growth of SMEs and start-ups. The measures also help attract diverse sources of investment and promote mega events to comprehensively engage businesses, capital and talent. They also strive to accelerate development of the new quality productive forces to drive high-quality economic growth in Hong Kong.HKTDC Chairman Dr Peter K N Lam believes that the series of measures in the Budget, including the injection of funds into the Dedicated Fund on Branding, Upgrading and Domestic Sales (BUD Fund) and the SME Export Marketing Fund, offers concrete support to SMEs amid a challenging economic evnrionment. The Budget also proposes measure that help consolidate Hong Kong's advantages around its “eight centres” positioning boosting future growth and prosperity.Dr Lam added: “The Budget mentions initiatives to strengthen assistance for local SMEs to explore the mainland market and increase e-commerce sales. This year, the HKTDC will launch the ‘E-commerce Express’ in collaboration with major e-commerce platforms and industry experts. Through a series of thematic training seminars and one-on-one advisory services, this initiative aims to enhance Hong Kong businesses' understanding of mainland e-commerce and online platforms, offering comprehensive support for SMEs intending to expand into the mainland e-commerce market. The upcoming second edition of the Hong Kong Shopping Festival in August serves as the flagship event of this initiative, offering Hong Kong businesses hands-on experience using e-commerce platforms to explore the mainland market and enhance the visibility of their products and brands. The HKTDC will work closely with the Trade and Industry Department to enhance mentorship schemes, empowering Hong Kong businesses to effectively leverage mainland e-commerce and online platforms to promote their products.”The Budget also proposes various measures to promote innovation and technology development, with increasing exposure for local tech products being an important component. The HKTDC will launch a thematic pop-up display area to its Hong Kong Design Gallery, as well as at exhibition venues during major exhibitions, to showcase local high-quality and innovative technology products to local and overseas buyers and consumers.The HKTDC will closely collaborate with local education and research institutions to provide more physical product showcases and sales platforms for Hong Kong technology enterprises and start-ups. These partnerships will help Hong Kong research companies build their product brand image, while raising the visibility of Hong Kong brands among local and international buyers.In strengthening Hong Kong's role as a superconnector and super value-adder, the Budget mentions that the Financial Services and the Treasury Bureau, in collaboration with the Office for Attracting Strategic Enterprises (OASES) and the HKTDC, will host the inaugural Hong Kong Global Financial and Industry Summit this year. By leveraging Hong Kong's financial strengths, the new Summit will further enhance international industrial cooperation to attract capital and businesses to Hong Kong. The HKTDC is also enhancing project connections and deal-making promotion at the Belt and Road Summit, focusing on green development and innovative technology, positioning Hong Kong as a commercial hub for Belt and Road.The HKTDC will continue to closely cooperate with the HKSAR Government, actively promoting Hong Kong's advantages to global markets, while attracting international financial and business leaders to explore global market opportunities through the Hong Kong platform.The HKTDC will continue to enhance Hong Kong's competitiveness and international connections. In the 2025-26 fiscal year, the HKTDC will focus on three main areas:1.Reinforcing Hong Kong’s unique position as a resilient and connected global business hub, while strengthening its integration into national development as well as its role as a superconnector and super value-adder;2.Fortifying Hong Kong’s competitiveness by embracing innovation and sustainable development to support the national new quality productive forces strategy, while seizing opportunities arising from global trends;3.Building the next generation of connected and future-ready SMEs and start-ups, while fast-tracking SMEs’ digital transformation.For more details, please refer to this press release.Media enquiriesHKTDC’s Communications & Public Affairs Department:Agnes Wat Tel: (852) 2584 4554 Email: agnes.ky.wat@hktdc.orgSam Ho Tel: (852) 2584 4569 Email: sam.sy.ho@hktdc.orgTo view press releases in Chinese, please visit http://mediaroom.hktdc.com/tcAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on @hktdc and LinkedIn Copyright 2025 ACN Newswire via SeaPRwire.com.

PT TransNusa Aviation Mandiri makes Indonesia proud by becoming the first Indonesian airline to launch new scheduled flight from Bali, Indonesia to Guangzhou, ChinaTransNusa successfully started sale of tickets on February 24th with a promotional rate of 388.000, CNY999 and USD149, one-wayTransNusa simultaneously launches one of the fastest and seamless scheduled connecting flight from Guangzhou, China to Perth, Australia via BaliJAKARTA, Feb 26, 2025 - (ACN Newswire via SeaPRwire.com) - TRANSNUSA has yet again added another feather in its cap by becoming the first Indonesian airline to launch scheduled flights from Bali, Indonesia to Guangzhou, China.In addition, the airline also announced that it will be simultaneously launching scheduled connecting flights from Guangzhou to Perth via Bali.TransNusa Group Chief Executive Officer and aviation veteran, Datuk Bernard Francis said, “We are always looking at developing new routes to benefit our passengers. While traditional routes such as Bali to Perth and Bali to Guangzhou are important, we also strive to go the extra mile to provide fast as well as seamless connectivity to our passengers.“With the launch of our new Bali-Guangzhou route, our passengers can now enjoy one of the fastest scheduled connecting flights to either Guangzhou or Perth via Bali, with a transit duration of either 1 hour and 30 minutes or 2 hours and 35 minutes, depending on the day and time of the scheduled flights.“From April 13th to May 31st, on a weekly basis, there will be three connecting flights from Guangzhou Baiyun International Airport to Perth International Airport, Australia while from Perth there will be two connecting flights weekly via Bali to Guangzhou,” Datuk Francis said, adding that connecting flight from Guangzhou will be every Monday, Tuesday and Thursday while the connecting flight from Perth to Guangzhou via Bali will be on Monday and Saturday.Datuk Francis further elaborated that from June onwards, the airline will be flying daily from Perth and Guangzhou to Bali. As such, from June onwards, passengers can also enjoy daily connecting flights. The Quangzhou to Perth flight ticket price will start from as low as CNY1899, USD 259 and AUD399.Within the first quarter of 2025, two-year old TransNusa has already broken the traditional norm and planned a holistic 360-degree flight path from Guangzhou to Perth via Bali. This innovative move is a historical first and a strategic triumph for the airline since TransNusa’s re-launch as a Premium Service Carrier in October 2022.In breaking the sound barrier of convention and implementing its planned holistic 360-degree flight path from Guangzhou to Perth via Bali, TransNusa kick-started 2025 by announcing the launch of its Bali-Perth route in January, with flight tickets priced from as low as IDR1.799.000, AUD169, CNY782, and USD163.Details of the new Bali-Guangzhou RouteIn order to implement the holistic 360-degree flight path from Guangzhou to Perth via Bali, TransNusa is launching its Bali-Guangzhou route on April 13th. Tickets for the new scheduled route are priced at a promotional rate that starts from IDR2.388.000, CNY999 and USD149. Flight tickets can be purchased at transnusa.co.id and all other main online travel agent platforms.“In addition to the connecting flight, with the launch of this new route, we hope to also provide tourists from China additional options to travel to the Island of Gods, Bali,” Datuk Francis said.At the initial stage, from April 13th to May 31st, TransNusa will be operating four flights a week from I Gusti Ngurah Rai International Airport, popularly known as the Denpasar International Airport. The TransNusa flight, 8B 969, will depart Bali at 20.15pm and arrive at the Guangzhou Baiyun International Airport at 01.00am while TransNusa flight, 8B 968, will depart Guangzhou Baiyun International Airport at 02.05am and arrive in Bali at 07.40am. The TransNusa flight will depart Bali every Sunday, Tuesday, Friday and Saturday while flights will depart Guangzhou on Sunday, Monday, Wednesday, and Saturday. For this scheduled flight, TransNusa will be utilizing its A320 narrow-body jet airliner, which has 174 seats, to cater for the five-hour scheduled flight.Brief History On TransNusaTransNusa, which had to close business due to the Covid-19 pandemic was injected with new shareholders and management team in 2022. The airline opened its doors for business in October and within six months, in April 2023, launched its first international flight from Jakarta to Kuala Lumpur, Malaysia.After which, under the new leadership of Datuk Francis, and the new management team, the airline successfully launched three more new international routes by the end of 2023. In 2024, the airline continued growing its international and domestic route and at the same time recording historical firsts that also became a significant industry first for the Indonesian aviation industry. Since April 2023, TransNusa has been making headlines in Malaysia, Singapore, China and around the world with news of being the first airline in Indonesia and the world to develop and introduce a new domestic route connecting Bali and diving haven, Manado. TransNusa also became the second Indonesian airline to receive approval to fly to China and provided Indonesians with more pricing and route options to China.TransNusa’s aggressive international growth strategy combined with its domestic business operations approach has enabled the airline to be the fastest growing airline in South East Asia.- ENDS -For Further information, please contact Trina Thomas Raj, Primary Communications and Marketing Consultant by email trina@myqaseh.org OR by mobile +60124992672 (Watsapp)About TransNusa TransNusa Airline, is a Premium Service Carrier. After the take-over, in February 2024, the airline rebranded itself from being a Low-Cost Carrier to a Premium Service Carrier in line with its upgraded aircrafts that offers better comfort as well as based on the flexibility and quality of the services offered.TransNusa, which received its AOC certification on 9th September 2022, launch its first three A320 operations on 6th October, 14th October and 12th December, 2022. In 2023, TransNusa introduced a new business model making it the first Premium Service Carrier in the Asia Pacific region. TransNusa introduced its first international flight on 14th April, 2023. The airline is currently based in Jakarta Soekarno-Hatta International Airport.The airline currently flies from Jakarta to Yogyakarta, Bali, Kuala Lumpur, Malaysia, Subang, Malaysia and Guangzhou, China. It also flies from Bali to Jakarta and Manado. TransNusa made history when it became the second Indonesian airline to fly to China and the first Indonesian airline to launch a Premium Service Carrier business model.Passengers can book their flights on the TransNusa website (www.transnusa.co.id), through authorized travel agents in Singapore, Malaysia and Indonesia, or by contacting the airline's customer service centre at, +62216310888. For the Singaporean market, passengers can contact TransNusa’s General Sales Agent, Chariot Travels Pte Ltd, at +65 86602719 for assistance. Copyright 2025 ACN Newswire via SeaPRwire.com.

FY 2024 recorded a net profit of S$0.31 million, following losses of S$4.05 million in FY 2023, driven by streamlined operations and cost structures enhancing efficiency to achieve profitabilityS$12.36M order book (31 December 2024) surpasses FY2024 revenue, set to drive higher margins and sustainable earnings growthStrategically positioned for expansion through market and geographical diversification amidst improving macroeconomic landscapeSINGAPORE, Feb 26, 2025 - (ACN Newswire via SeaPRwire.com) - Sevens Atelier Limited (the “Company” or “Sevens Atelier”, and together with its subsidiaries, the “Group”), one of the leading players in the Design and Build industry for landed properties, has announced its financial results for the twelve months (“FY 2024”) ended 31 December 2024.In FY 2024, the Group marked a significant milestone by delivering a net profit of S$0.31 million, following a loss of S$4.05 million in FY 2023, despite a decrease in revenue from S$14.33 million in FY 2023 to S$9.10 million in FY 2024. This achievement comes as a direct result of management’s decisive actions to optimize costs, streamline operations, and improve financial discipline.Gross profit margins grew from 15.4% to 19.6% year-on-year, signalling the success of focused restructuring and cost management efforts. In addition, administrative expenses reduced by almost 50%, setting the foundation for sustainable, long-term growth through operating a leaner and more efficient organisation.The Group continues to grow its reputation as the preferred choice for customers as it has accumulated an order book amounting to S$12.36 million as at 31 December 2024, positioning the Company for stronger revenue streams in the coming year. Aligned with targets of enhancing project profitability, these contracts are expected to generate higher profit margins than in previous years, reflecting a shift towards a more sustainable and profitable business model, despite challenges such as cost inflation and rising competition.Additionally, the Group’s focus on high-quality, Design and Build solutions for landed homes in Singapore continues to set it apart from competitors. For instance, the Group’s unique flagship experience centre enhances customer engagement, contributing to increasing demand and a growing pipeline of projects.Looking ahead, the Group is actively exploring strategic growth opportunities through mergers and acquisitions (M&A) and expansion into new business segments and geographic markets. With a favourable macroeconomic outlook, including stabilizing market demand and positive expectations on further global interest rate adjustments, the Company is well-positioned to capitalize on emerging opportunities.The Group Operation Director, Mr. Tang Yao Zhi commented, “Achieving our first full-year profit since changing to a Design and Build player is a testament to our unwavering commitment to financial prudence and operational efficiency. Looking ahead, we are looking ahead to executing our growing orderbook, which already exceeds FY2024’s revenue.”About Sevens Atelier Limited (SGX:5EW)Sevens Atelier is listed on the Catalist Board of the Singapore Exchange. The Company offers full-fledged consultancy services in the Design & Build industry, including pre-leasing consultations of business spaces and pre-purchase inspections of premium landed properties in Singapore. From consultation to completion, the Company provides turnkey services to its premium clients. Sevens Atelier is a BCA-certified solutions provider in the Design and Build arena with the goal to constantly improve and evolve. Its artisanal capabilities are a hallmark of its commitment to clients.For all media queries, please contact:Tang Yao ZhiT: (+65) 8139 7777E: yaozhi@sevensatelier.comThis press release has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the “Sponsor”). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this press release, including the correctness of any of the statements or opinions made or reports contained in this press release.The contact person for the Sponsor is Ms. Foo Jien Jieng, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg. Copyright 2025 ACN Newswire via SeaPRwire.com.