Fintech PR
CGTN: Ten years of development: How BRI grows from vision to reality
BEIJING, Oct. 3, 2023 /PRNewswire/ — China and El Salvador have seen rapid growth in trade since they signed a memorandum of understanding (MoU) on cooperation under the Belt and Road Initiative (BRI) in 2018.
China has also increased its engagement in El Salvador’s infrastructure projects.
Projects such as the construction of the national library and the port of La Libertad not only created job opportunities for the locals, but also boosted the local economy and improved people’s livelihoods.
According to China’s General Administration of Customs, the trade volume between the two countries in 2022 reached $1.892 billion, a year-on-year increase of 9.6 percent.
“The relationship with China through the BRI for five years has been extremely productive,” Adriana Mira, vice minister of foreign affairs of El Salvador, told China Media Group, adding that it is a great opportunity to get closer to other countries within the BRI.
As one of the most talked-about buzzwords in international cooperation, the BRI, proposed by Chinese President Xi Jinping in 2013, seeks to blaze a new trail for shared development and common prosperity through cooperation, and has achieved more than connectivity through 10 years of development.
During a visit to Kazakhstan in September 2013, Xi delivered a speech of far-reaching significance at Nazarbayev University.
In his address, Xi took the audience back to over 2,100 years ago when a Chinese envoy was sent to Central Asia with a mission of peace and friendship and opened a Silk Road that had since taken Chinese silk, tea and porcelain to other parts of the world and brought back spices, furs, fruits and precious stones.
Instead of focusing on nostalgia, he drew inspiration from the trade routes of the ancient Silk Road and proposed the idea of building an “economic belt along the Silk Road.”
A month later in Indonesia, Xi proposed the building of the 21st Century Maritime Silk Road, which, combined with the economic belt proposal, eventually became the BRI.
The initiative promotes opening-up and more inclusive growth. Xi believes that further opening up a country leads to greater strength and prosperity.
In a bid to provide financial support for the construction of BRI projects, China in 2014 announced the establishment of the Silk Road Fund with an investment of $40 billion.
In 2015, China issued the Vision and Actions on Jointly Building Silk Road Economic Belt and 21st-Century Maritime Silk Road to accelerate the implementation of the BRI, and connect Asian, European and African countries more closely for mutually beneficial cooperation.
As a new type of multilateral financial institution initiated by China and jointly established by 57 countries, the Asian Infrastructure Investment Bank (AIIB) was officially launched in January 2016.
Aiming to enhance social and economic progress in Asia, the bank has grown from 57 founding members to 109 approved members, and developed a portfolio of 202 projects in 33 countries with a total value of $38.8 billion.
In 2016, the UN Development Program and the People’s Republic of China signed an MoU on cooperation under the BRI.
This is the first MoU between the Chinese government and an international organization on promoting the initiative. Engaging an international organization is a new and innovative development in the BRI.
In May 2017, the first Belt and Road Forum for International Cooperation was successfully held in Beijing. More than 1,600 representatives from more than 140 countries and over 80 international organizations, including heads of state and government from 29 countries, attended the event.
The forum yielded a list of deliverables, which includes 76 items comprising more than 270 concrete results, reaching an international consensus on the joint construction of the BRI.
The second Belt and Road Forum for International Cooperation was also held in Beijing in 2019. More than 6,000 foreign guests from 150 countries and 92 international organizations attended the meeting, including 37 foreign leaders, the UN secretary-general and the managing director of the International Monetary Fund.
The participating parties reached an important consensus on the high-quality joint construction of the BRI and the establishment of a global connectivity partnership, yielding a series of practical cooperation results. It means the joint construction of the BRI has entered a new phase.
As a vivid example of building a global community of shared future, the BRI has become a global public good and cooperation platform provided by China to the world, according to a white paper released by China’s State Council Information Office on September 26.
China has pursued open, green, clean and high-standard cooperation to promote sustainable development and improve people’s lives, and advanced high-quality Belt and Road cooperation.
Together, participants in the initiative have jointly advanced “hard connectivity,” “soft connectivity” and “people-to-people connectivity,” setting up an important platform that has enabled wide participation, built international consensus and pooled the strengths of all parties.
https://news.cgtn.com/news/2023-10-03/Ten-years-of-development-How-BRI-grows-from-vision-to-reality-1nASj3bv2Zq/index.html
View original content:https://www.prnewswire.co.uk/news-releases/cgtn-ten-years-of-development-how-bri-grows-from-vision-to-reality-301945557.html
STOCKHOLM, April 5, 2024 /PRNewswire/ — EQT AB’s Q1 Announcement 2024 will be published on Thursday 18 April 2024 at approximately 07:30 CEST. EQT will host a conference call at 08:30 CEST to present the report, followed by a Q&A session.
The presentation and a video link for the webcast will be available here from the time of the publication of the Q1 Announcement.
To participate by phone and ask questions during the Q&A, please register here in advance. Upon registration, you will receive your personal dial-in details.
The webcast can be followed live here and a recording will be available afterwards.
Information on EQT AB’s financial reporting
The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.
The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.
Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Shareholder Relations, [email protected]
Rickard Buch, Head of Corporate Communications, +46 72 989 09 11
EQT Press Office, [email protected], +46 8 506 55 334
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/eqt/r/invitation-to-presentation-of-eqt-ab-s-q1-announcement-2024,c3956826
The following files are available for download:
|
Invitation to presentation of EQT AB’s Q1 Announcement 2024 |
|
|
EQT AB Group |
View original content:https://www.prnewswire.co.uk/news-releases/invitation-to-presentation-of-eqt-abs-q1-announcement-2024-302109147.html
- Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’
- Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market
- Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand
- Goal to sell 1.6 million EVs annually in 2030, introducing 15 models
- PBV to play a key role in Kia’s growth, targeting 250,000 PBV sales annually by 2030 with PV5 and PV7 models
- Kia to invest KRW 38 trillion by 2028, including KRW 15 trillion for future business
- 2024 business guidance : KRW 101 tln in revenue with KRW 12 tln in operating profit; operating profit margin of 11.9% on sales of 3.2 million units globally
- CEO reaffirms Kia’s commitment to ESG management
SEOUL, South Korea, April 5, 2024 /PRNewswire/ — Kia Corporation (Kia) today shared an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea.
Based on its innovative achievements in the years since the announcement of mid-to-long-term business initiatives, Kia is focusing on updating its 2030 strategy announced last year and further strengthening its business strategy in response to uncertainties across the global mobility industry landscape.
During the event, Kia updated its mid-to-long-term business strategy with a focus on electrification, and its PBV business. Kia reiterated its 2030 annual sales target of 4.3 million units, including 1.6 million units of electric vehicles (EVs). The 2030 4.3 million annual sales target is 34.4 percent higher than the brand’s 2024 annual goal of 3.2 million units.
The company also plans to become a leading EV brand by selling a higher percentage of electrified models among its total sales, including hybrid electric vehicles (HEV), plug-in hybrid (PHEV), and battery EVs, projecting electrified model sales of 2.48 million units annually or 58 percent of Kia’s total sales in 2030.
“Following our successful brand relaunch in 2021, Kia is enhancing its global business strategy to further the establishment of an innovative EV line-up and accelerate the company’s transition to a sustainable mobility solutions provider,” said Ho Sung Song, President and CEO of Kia. “By responding effectively to changes in the mobility market and efficiently implementing mid-to-long-term strategies, Kia is strengthening its brand commitment to the wellbeing of customers, communities, the global society, and the environment.”
Photo – https://mma.prnewswire.com/media/2380039/Photo_1__2024_CEO_Investor_Day.jpg
PDF – https://mma.prnewswire.com/media/2380040/Press_Release__2024_Kia_CEO_Investor_Day_240405.pdf
View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/kia-presents-roadmap-to-lead-global-electrification-era-through-evs-hevs-and-pbvs-302109142.html
VANCOUVER, BC, April 4, 2024 /PRNewswire/ — BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) (the “Company“) is providing this bi-weekly update on the status of the management cease trade order granted on February 29, 2024 (the “MCTO“), by its principal regulator, the Ontario Securities Commission (the “OSC“), under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“), following the Company’s announcement on February 21, 2024 (the “Default Announcement“), that it was unable to file its audited annual financial statements for the year ended October 31, 2023, its management’s discussion and analysis of financial statements for the year ended October 31, 2023, its annual information form for the year ended October 31, 2023, and related filings (collectively, the “Required Annual Filings“). Under National Instrument 51-102, the Required Annual Filings were required to be made no later than February 28, 2024.
As a result of the delay in filing the Required Annual Filings, the Company was unable to file its interim financial statements for the three months ended January 31, 2024, its management’s discussion and analysis of financial statements for the three months ended January 31, 2024, and related filings (collectively, the “Required Interim Filings“). Under National Instrument 51-102, the Required Interim Filings were required to be made no later than April 1, 2024.
The Company anticipates filing the Required Annual Filings by April 30, 2024. The auditor of the Company requires additional time to complete its audit of the Company, including the Company’s recent acquisition of all intellectual property, immunotherapeutics platform technologies, and clinical stage assets of the former IMV Inc. that closed on February 16, 2024. In addition, the Company anticipates filing the Required Interim Filings immediately after the filing of the Required Annual Filings.
Except as herein disclosed, there are no material changes to the information contained in the Default Announcement. In addition, (i) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Required Annual Filings and/or Required Interim Filings is continuing, each of which will be issued in the form of a press release; (ii) the Company does not have any information at this time regarding any anticipated specified default subsequent to the default in filing the Required Annual Filings and Required Interim Filings; (iii) the Company is not subject to any insolvency proceedings; and (iv) there is no material information concerning the affairs of the Company that has not been generally disclosed.
About BioVaxys Technology Corp.
BioVaxys Technology Corp. (www.biovaxys.com), a biopharmaceuticals company registered in British Columbia, Canada, is a clinical-stage biopharmaceutical company dedicated to improving patient lives with novel immunotherapies based on the DPX™ immune-educating technology platform and it’s HapTenix© ‘neoantigen’ tumor cell construct platform, for treating cancers, infectious disease, antigen desensitization, and other immunological fields. The Company’s clinical stage pipeline includes maveropepimut-S which is in Phase II clinical development for advanced Relapsed-Refractory Diffuse Large B Cell Lymphoma (DLBCL) and platinum resistant ovarian cancer, and BVX-0918, a personalized immunotherapeutic vaccine using it proprietary HapTenix© ‘neoantigen’ tumor cell construct platform which is soon to enter Phase I in Spain for treating refractive late-stage ovarian cancer. The Company is also capitalizing on its tumor immunology know-how and creation of a unique library of T-lymphocytes & other datasets post-vaccination with its personalized immunotherapeutic vaccines to utilize predictive algorithms and other technologies to identify new targetable tumor antigens. BioVaxys common shares are listed on the CSE under the stock symbol “BIOV” and trade on the Frankfurt Bourse (FRA: 5LB) and in the US (OTCQB: BVAXF). For more information, visit www.biovaxys.com and connect with us on X and LinkedIn.
ON BEHALF OF THE BOARD
Signed “James Passin“
James Passin, Chief Executive Officer
Phone: +1 646 452 7054
Logo – https://mma.prnewswire.com/media/1430981/BIOVAXYS_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/biovaxys-technology-corp-provides-bi-weekly-mcto-status-update-302108920.html
-
Latest News6 days ago
Al Hassan Ghazi Ibrahim Shaker Co. announces a strong start to FY24, reporting a 12.09% YoY increase in net profit to reach SAR 32.25 million in Q1-FY24
-
Latest News5 days ago
Newgen Recognized in the Gartner® Market Guide for Commercial Banking Cash Management and Trade Finance Solutions 2023 Report
-
Latest News5 days ago
Major Korean pension fund invests in carbon solutions with Stafford Capital Partners
-
Latest News5 days ago
Precisely Showcases Critical Role of Trusted Data in AI at the Gartner® Data & Analytics Summit in London
-
Latest News5 days ago
One United Properties posts a consolidated turnover of 84.3 million euros and a gross profit of 37 million euros in the first three months of 2024
-
Latest News5 days ago
XREX Singapore Receives MAS Major Payment Institution Licence
-
Latest News5 days ago
Vantage Markets Celebrates Mother’s Day with NEOM McLaren Extreme E Driver, Cristina Gutiérrez
-
Latest News4 days ago
KuCoin Research Report Reveals: $1 Billion in Financing and Rising Stablecoin Issuance Amid Market Fluctuations