Daily Archives: February 6, 2018

Hisense was identified in “BrandZ Top 10 Chinese Global Brand Builders”

BEIJING, Feb. 6, 2018 /PRNewswire/ — BrandZ Top 50 Chinese Global Brand Builders report was released today by WPP, in collaboration with Google. The report identifies and ranks 50 Chinese brands across nine categories based on their strength outside of China, and provides insights and recommendations for global brand building. Hisense ranked number 9th and won the “fastest growing electronics and home appliance brand” title. The report takes an in-depth look at the Chinese brands that are making an impact with consumers in international markets and provides a rich seam of thought-provoking insights on how Chinese companies can successfully build their brands on a global scale. This is the second time that WPP has collaborated with Google to launch the Brand Ranking, a survey that combines data from 7 countries and more than 395,000 consumers. BrandZ™ is the world’s largest brand equity database, covering 53 countries, 120,000 brands and is the most authoritative brand valuation methodology worldwide.

Being one of “BrandZ Top 10 Chinese Global Brand Builders” is a result of Hisense’s brand power and its global strategy. Up to now, Hisense owns 18 overseas companies in Europe, America, Africa, the Middle East, Australia and Southeast Asia. It has 3 overseas production bases to ensure its own supply chain and has 12 R&D institutions worldwide. In the “China National Image Global Survey” released by China International Publishing Group, Hisense was one of the “Top Ten most familiar Chinese brands to overseas citizens” for two consecutive years. The growth is in part due to the rapid pace at which China’s electronics and home appliance business are pursuing global expansion, also a result of Hisense’s stickiness to build its own brand awareness and persistence in global market.

Hisense Group’s total sales revenue increased 10.7% in 2017 and overseas revenue increased 21.3%. The brand sales revenue of Hisense International increased 19.6% compared to last year. In the meantime, based on the customs statistics, Hisense’s export sales of air conditioners and TVs increased by 28.3% and 34.4% separately. With the absence of significant changes in international demand, Hisense still maintained a rapid growth, which is a result of the brand effect.

The Belt and Road Initiative has been more than 3 years. Hisense’s high-end products have played a key role in the overseas development of Hisense. The self-developed ULED technology, overseas operation system, excellent product performance and outstanding local supply chain have guaranteed Hisense to give effective and timely feedback to the market. 2018 FIFA World Cup™ is approaching. Hisense will move forward to not only build global brand but to build an innovative global brand with higher value, to drive the growth and global strategy with sports marketing. Hisense is at the forefront of electronics and home appliance industry, and its pursuit of new technology will fuel business growth and power its global brand awareness at an incredible pace.

YPO to Host World’s Top Business Leaders and Innovators at 2018 YPO EDGE in Singapore

DALLAS, Feb. 05, 2018 (GLOBE NEWSWIRE) — For two days this March, YPO, the global leadership organization for chief executives, will host 2,000 business leaders and innovators from more than 130 countries at the YPO EDGE in Singapore.

Each year, YPO EDGE, the largest gathering of CEOs from around the world, brings together thought leaders, creators and visionaries who are providing new perspectives insights, ideas, technologies and innovations.

The guiding theme of the 2018 EDGE in Singapore is Defy Convention, and the agenda is designed to spark idea exchange and redefine the rules in the entrepreneurial spirit of innovation. The EDGE will explore advances in technology, medicine, health, transportation, machine learning, cybersecurity and more, featuring speakers and resources in business, entertainment, technology, health, philanthropy, science and more.

“Singapore is an ideal host city for the YPO EDGE, as the global gateway to the worlds of business, technology and culture,” said Scott Mordell, CEO of YPO. “YPO is thrilled to host its landmark annual event in Singapore, creating opportunities for business leaders to become better leaders and make a significant impact.”

More than 40 internationally renowned speakers will be sharing their inspirational stories and transformational innovations including:

  • Lee Hsien Loong, Prime Minister of Singapore
  • HM Queen Rania Al Abdullah, Queen Consort Hashemite Kingdom of Jordan
  • Billie Jean King, American former World No. 1 professional tennis player
  • Orit Gadiesh, Chairman, Bain and Company
  • Yossi Ghinsberg, Adventurer, Author, Entrepreneur and Humanitarian
  • Amin Toufani, Faculty at Singularity University and CEO of T Labs

Speakers at previous YPO EDGE events include Canadian Prime Minister Justin Trudeau; Sir Richard Branson, founder and chairman of the Virgin Group; Muhtar Kent, chairman and CEO of the Coca-Cola Company; Aung San Suu Kyi, Nobel Peace Prize laureate and general secretary of the National League for Democracy; and Archbishop Desmond Mpilo Tutu, Nobel Peace Prize laureate.

“At the 2018 YPO EDGE in Singapore, YPO business leaders will defy convention and leave with new perspectives, ideas and insights that will empower them to positively impact their businesses, their communities and their lives,” said YPO EDGE Chair N.K, Tong.

About YPO
The premier leadership organization of chief executives in the world.

YPO is the global platform for chief executives to engage, learn and grow. YPO members harness the knowledge, influence and trust of the world’s most influential and innovative business leaders to inspire business, personal, family and community impact.

Today, YPO empowers more than 25,000 members in more than 130 countries, diversified among industries and types of businesses. Altogether, YPO member-run companies employ more than 16 million people and generate USD6 trillion in annual revenues.

Leadership. Learning. Lifelong. For more information, visit YPO.org. ‪

Contact:
YPO
Linda Fisk
Office: +1 972 629 7305 (United States)
Mobile: +1 972 207 4298
press@ypo.org

SONA postponed

Speaker of Parliament Baleka Mbete has announced that the State of the Nation Address (SONA) has been postponed.

SONA, which was scheduled for Thursday, will no longer take place as scheduled. Mbete said on Tuesday at a briefing outside Parliament that a new date will be announced soon.

Presiding Officers had approached President Jacob Zuma to postpone the speech to allow room for the creation of a more conducive environment in Parliament.

We met the President today and he was already writing to us asking to postpone. We want a conducive political environment We have been dismayed at anarchy of the past four years. Developments this year have caused us great concern Mbete said.

In taking their decision, Mbete said Parliament had looked realistically at developments that had taken place in the past week.

Last week, Mbete led a briefing of the Presiding Officers, where she announced that plans to hold SONA were set to go ahead.

Source: South African Government News Agency

Presidency refutes reshuffle allegations

The allegations reported in the media that President Jacob Zuma wishes to fire Deputy President Cyril Ramaphosa and replace him with Dr Nkosazana Dlamini Zuma are “preposterous and outrageous”, according to the Presidency.

The allegations are completely baseless. The allegations of ethnic mobilisation by the President are equally without foundation, the Presidency said in a statement on Tuesday night.

Source: South African Government News Agency

Day Zero projection moves to May

Cape Town Day Zero, which was planned for 16 April 2018, is expected to move out to 11 May 2018, due to a decline in agricultural usage.

Cape Town Deputy Mayor Ian Neilson said many agricultural users in the Western Cape supply system, where the city also draws its water from, have used up the water allocated to them, as per the agreement with the national Department of Water and Sanitation.

Agricultural usage is therefore likely to drop significantly over the next weeks. Currently, the agriculture sector is drawing about 30% of the water in the supply scheme. This should fall to approximately 15% in March and 10% in April, Neilson said.

He said, however, that the city does not have any control over agricultural water releases, and this is the best estimate they can make with the information at hand.

This is a welcome decline in water usage and gives Cape Town and some of the other municipalities hope but importantly, we need to get our consumption down to 450 million litres per day to prevent the remaining water supplies running out before the arrival of winter rains.

We cannot accurately predict the volume of rainfall still to come, or when it will come. Last year, we had abnormally low winter rainfall and we cannot assume that this year will be any different. Even if we have been given a slight reprieve at this stage, we are likely to be facing a late and dry winter, Neilson said.

Driving down usage

Neilson said while the city has worked tirelessly on fixing bursts and leaks, installing water management devices and implementing advanced pressure management to drive down consumption and minimise leaks and bursts, urban demand remains highly reliant on the behaviour of water users.

As of 1 February 2018, level 6B water restrictions and tariffs came into effect to help finance water services and to reduce usage.

Neilson said the tariffs remain based on usage – the more you use, the more you pay.

High users will be hit especially hard. The city does not make a profit on income from the sale of water. This is part of the city’s efforts to avoid Day Zero and to create financial stability for the provision of water services, he said.

Although the city has brought usage down from 1.1 billion litres per day to just under 600 million litres per day, Neilson stressed the need to get to 450 million litres of collective usage per day.

Currently, dam levels in Cape Town are at 25.5%, a decline of 0.8%. Total water consumption is 547 million litres per day, 97 million litres above the target of 450 million litres per day.

Visit www.capetown.gov/thinkwater for all water-related information, including Level 6B restrictions and FAQs about Day Zero, as well as tips to lower usage even further.

Also visit www.capetown.gov.za/watermap to see if your household is painting the city green to avoid Day Zero.

Source: South African Government News Agency