Author: Mei Ling Tan

  • J&T Express reports 32.5% parcel volume growth in Q4 2024

    J&T Express reports 32.5% parcel volume growth in Q4 2024

    J&T Global Express Limited announced its key operating data for the fourth quarter and full year of 2024. The company achieved a total parcel volume of 7.39 billion in Q4, a 32.5% year-over-year (“YoY”) increase, with an average daily volume of 80.3 million parcels. For the full year 2024, J&T Express handled 24.65 billion parcels, representing a 31% YoY increase and a 30.7% increase in average daily volume to 67.3 million parcels.

    Q4 growth was primarily driven by Southeast Asia and China, coinciding with the peak e-commerce season in these key markets. In Southeast Asia, J&T Express saw parcel volume jump 62.5% YoY to 1.4 billion in Q4. Full-year parcel volume in the region reached 4.56 billion, a 40.8% YoY surge, significantly exceeding market expectations of industry growth.

    In China, Q4 parcel volume grew 27.4% YoY to 5.91 billion. Full-year volume reached 19.8 billion, a 29.1% increase, outpacing industry growth in the first eleven months of the year.

    Parcel volume in New Markets (including the Middle East and Latin America) reached 74.4 million in Q4, a marginal 0.1% YoY increase. Full-year volume grew 22.1% to 280 million parcels.

    Throughout 2024, J&T Express continued to invest in infrastructure, expanding its transportation fleet and deploying automated sorting equipment. The company’s line-haul vehicles grew by 1,300 vehicles in Southeast Asia and 900 vehicles in China, reaching totals of 4,600 and 7,100 vehicles, respectively. The number of automated sorting machines across all markets increased by 45 to 279.

    J&T Express also strategically optimized its network partnerships and outlets, upgrading sorting centers to enhance operational efficiency. As of year-end 2024, the company operated 19,100 outlets and 238 sorting centers.

    “J&T Express delivered strong growth in Q4 2024, fueled by robust performance in Southeast Asia and China,” said Dylan Tey, Chief Financial Officer of J&T Express. “The over 60% surge in Southeast Asia’s Q4 volume, in addition to a low base from the same period last year, was driven by strong shipments from major e-commerce clients during peak shopping festivals like Double 11, as well as our continued expansion of parcel volume from non-e-commerce platforms. In China, we capitalized on the continued rapid growth of the express delivery industry, strengthening our market position with key e-commerce platforms. Our strategic focus on reverse logistics and individual parcels also contributed to strong results. With our robust network, high-quality service, and diversified growth strategies, J&T Express is well-positioned to benefit from the continued rapid growth of the e-commerce market.”

  • Domino’s Pizza China crosses 1000-store milestone, eyes 300 more this year

    Domino’s Pizza China crosses 1000-store milestone, eyes 300 more this year

    Domino’s Pizza China (DPC Dash) plans to open about 300 new locations this year after its store count reached 1000 late last year.

    The company opened its 1000th store in Chengdu in November. As of December 31, it raised its network to 1008 and became Domino’s third-largest international market by store count.

    DPC Dash recorded 240 net new stores last year, meeting its annual target as part of the “Go Deeper, Go Broader” strategy. In 2025 and 2026, the chain plans to open approximately 300 and 350 new stores, respectively.

    Store performance was also encouraging, with same-store sales growth remaining positive in the fourth quarter. This also marked the 30th consecutive quarter of positive comparables since the current management took over in 2017.

    Loyalty program members reached 24.5 million and 11.7 million new customers were recorded last year.

    In terms of product innovation, the company said it had launched a series of new dishes and will introduce several more this year.

    Looking ahead, DPC Dash said it will continue to advance its expansion plans and improve operational efficiency for sustainable development. The firm also aims to provide consumers with higher-quality products and services and create long-term value for shareholders.

    DPC Dash is Domino’s Pizza’s exclusive master franchisee in Mainland China, Hong Kong, and Macau.

  • Miniso to raise $550M through debt instrument

    Miniso to raise $550M through debt instrument

    Chinese lifestyle goods retailer Miniso Group Holding plans to raise US$550 million through a debt instrument to fund its oversea expansion.

    The seller of anything from household appliances to electronics and cosmetics will issue equity-linked securities which is set to mature in early 2032, according to a filing to the Hong Kong Stock Exchange.

    Securities holders may exchange the shares for cash after a six-year period which is set to begin Jan. 14

    Miniso plans to use 50% of the sale for overseas store network expansion and the remaining half for share buybacks.

    The company believes that these initiatives will further enhance its long-term value for shareholders by supporting growth and expansion.

    The securities carry an exchange rate of 0.5% per year, payable every six months.

    They are offered at $8.28 per share, which is 26% higher than Miniso’ stock closing price on Monday.

    This means that investors expect Miniso shares to surpass $8.28 in the next six years.

    Miniso expanded its global footprint by adding 773 new stores in the first nine months of last year, bringing its total to 7,186. Around 59% of stores are located in China.

    The company’s revenue for the first nine months of 2024 surged by nearly 23% to CNY12.3 billion ($1.75 billion), primarily driven by store expansion and increased consumer spending in overseas markets.

    During the same period, gross profit climbed 34% to CNY5.4 billion.

  • China Cargo Airlines appoints Tam Group as GSSA in the Philippines

    China Cargo Airlines appoints Tam Group as GSSA in the Philippines

    Tam Group has been appointed as the General Sales and Service Agent (GSSA) for China Cargo Airlines in the Philippines, with this appointment being recognized as the third territory in which Tam Group has been assigned this role, following Malaysia and Vietnam. This strategic alliance represents a crucial step in strengthening China Cargo Airlines’ operations across Southeast Asia. The partnership oFicially commenced on January 1, 2025.

    The flights between the Philippines and China play a vital role in facilitating trade and commerce, connecting businesses and consumers across these two dynamic markets. China Cargo Airlines presently operates five weekly flights from Manila to Shanghai and three from Cebu to Shanghai, utilising A320 series aircraft for these crucial routes. This connectivity supports the timely transport of goods, including perishables and electronics, enhancing economic ties and logistics capabilities between the countries. Notably, this agreement facilitates same-day delivery of perishables to major cities in Eastern China via Road Feeder Service (RFS), utilising the region’s earliest flight schedules.

    Alvin Tam, Senior Vice President of Tam Group, stated, “We are excited to deepen our partnership with China Cargo Airlines in the Philippines. This appointment not only enhances our regional footprint but also enables us to deliver improved services and support for their operations. At Tam Group, we have implemented various solutions, including a robust CRM system and 24/7 customer service, to ensure a seamless experience for our clients. We are continuously seeking enhancements to our offerings and look forward to collaborating closely with China Cargo Airlines to unlock their full potential in the Philippine market.”

    This appointment is expected to create significant opportunities for both Tam Group and China Cargo Airlines, enhancing their market presence in the rapidly growing Southeast Asia logistics sector.

  • Chinese EV firm Skyworth begins selling cars in Singapore

    Chinese EV firm Skyworth begins selling cars in Singapore

    Chinese EV maker Skyworth Auto has started selling its cars in Singapore, opening its first showroom there on Tuesday.

    The 185-square-meter showroom features the first Skyworth model in the country, K, an SUV designed for family comfort with a travel range of nearly 490 kilometers per charge.

    The car is priced at around $135,000 and is believed to be a competitor to the Toyota Harrier hybrid, which costs around $183,000.

    In June, Skyworth Auto plans to launch an electric crossover in Singapore. It also wants to start selling an electric van in the last quarter of the year.

    The Nanjing-based company produced its first EV in 2017. It also produces buses through a subsidiary.

  • Uber competitor Bolt starts recruiting Vietnamese drivers

    Uber competitor Bolt starts recruiting Vietnamese drivers

    Bolt, Europe’s first homegrown ride-hailing company and Uber’s main competitor in the continent, is now recruiting management staff and drivers in HCMC.

    The company’s website, which now offers Vietnamese as a language option, allows candidates to register as drivers for a weekly income running into millions of dong (VND1 million = US$39.40).

    Founded in 2013 in Estonia, Bolt now operates in over 50 countries with services ranging from ride-hailing and car rentals to food and grocery delivery.

    It claims to have 4.6 million drivers and delivery partners serving over 200 million users globally.

    Vietnam’s ride-hailing market is projected to reach $880 million in 2024 and grow at a compounded annual rate of 19.5%, hitting $2.16 billion by 2029, according to Indian market research firm Mordor Intelligence.

    Its major competitors now include Grab, Xanh SM and Be.

    Last year Indonesia’s Gojek exited Vietnam after six years in the country, while Uber had pulled out in 2018.

  • SingPost appoints Neo Su Yin as Group Chief Operating Officer

    SingPost appoints Neo Su Yin as Group Chief Operating Officer

    Singapore Post (SingPost) announced the appointment of Neo Su Yin as Group Chief Operating Officer (GCOO), effective 2 January 2025. In this newly created role, Su Yin will be responsible for the Singapore Business Unit, the International Business Unit and Property. Under transitional management arrangements, she will take guidance from the Chairman of the Board, Simon Israel.

    The position of the GCOO is a pivotal role to translate transformation into tangible results, ensuring high quality execution, while fostering a culture of innovation and continuous improvement.  Su Yin will also support the Board in a review of the International Business Unit.

    “The Board is pleased to welcome Su Yin back to SingPost as our Group Chief Operating Officer,” said Simon Israel, Chairman of the Board. “She has a proven track record and deep understanding of SingPost’s business and operations. Her appointment greatly strengthens our leadership’s focus on driving operational performance and excellence – a core foundation for sustainable growth.”

  • Thailand’s luxury auto sales drop 25% in 2024

    Thailand’s luxury auto sales drop 25% in 2024

    Luxury auto sales in Thailand plunged 25% to 30,000 units last year as a struggling economy hurt buyers.

    The slow economic expansion rate (projected to be 2.4-2.7%) and banks’ tighter criteria for auto loans have resulted in a negative impact across the the automotive industry, said Teeraphong Rodloy, country manager of Wearnes Automotive Thailand.

    “Overall sales in the luxury car segment were affected by these economic circumstances,” he said.

    Wearnes Automotive Thailand, the importer of British sports car maker Lotus Cars, said that prospective buyers have been affected by the impact of the sluggish economy.

    The slowdown extended beyond luxury vehicles. Pickups was among the segments with steepest declines.

    In the first 10 months last year sales of pickups dropped 39.5% to 137,456 units, according to the Federation of Thai Industries.

    Sales hit the lowest in 23 years, said Ratthakarn Jutasen, managing director of Ford Thailand.

  • Growing demand for durian ignites culinary boom in China

    Growing demand for durian ignites culinary boom in China

    Durian-themed restaurants, ranging from buffets and hotpots to drinks and desserts, have been mushrooming in Chinese cities as the durian craze extends beyond just fresh fruit.

    The catering industry in China is jumping on the durian bandwagon, offering “everything + durian” promotions to cash in on the fruit’s growing popularity among young consumers.

    A restaurant in Shenzhen, China’s Guangdong Province, has gone viral with a buffet offering over 200 durian-inspired dishes, from porridge to pancakes and cakes, for 199 yuan (US$27.26) per person

    Su Yuru, a white-collar worker in Shenzhen, said durians are sweet and filling, making it difficult to eat 199 yuan’s worth. “But my friends and I are eager to try.”

    “I often buy a durian to share with my family on weekends, usually priced at about 150 yuan, and durian is also a regular at local companies’ afternoon teas and annual parties for their employees.”

    Topics related to durian-themed food, like “durian barbecue” and “durian buffet,” have racked up over 1.24 billion views on Douyin, as TikTok is known in China.

    Despite the middle class tightening their belts, their craving for durian has increased, extending beyond fresh fruit to include durian-infused food and beverages.

    Sales of durian-flavored cakes by Guangxi Xuan Ma Food, a producer of packaged snacks and baked goods, surged from 800,000 yuan in 2019, when they were launched, to over 10 million yuan in 2023.

    The fruit has even become a trendy addition to milk tea, a popular beverage in China.

    “Milk tea with durian pulp is our hottest-selling product,” Jariya Unthong, the Thai owner of a street stall selling Thai milk tea in Nanning, the capital of the Guangxi region.

    Hotpots and chicken soups featuring durian introduced by upscale restaurants in the region have also gained widespread popularity.

    To satisfy its growing appetite for the fruit, China, the world’s largest durian consumer, has been ramping up imports, mostly from a host of Southeast Asian suppliers.

    The market purchased 1.38 million tons of durians for $6.2 billion in the first nine months of 2024, up 11% in volume and a 5.6% rise in value from a year ago, which cited Chinese customs data.

    Of these, Thailand accounted for nearly 755,000 tons, or 54.7%, of the fruit worth $3.73 billion while Vietnam shipped 618,000 tons worth $2.45 billion.

    While Thailand pulled ahead, its figures marked year-on-year declines of 14.1% in volume and 13.3% in value, while Vietnam’s rose 72.2% in volume and 57.3% in value.

    To boost its competitiveness, Thailand’s Digital Economy Promotion Agency launched project One Tambon, One Digital in November that aims to enhance durian farmers’ productivity, strengthen consumer trust in Thai durians, and promote high-value products on a global scale, particularly amid competition from China and nearby nations.

    China also imports fresh durians from Malaysia and the Philippines, though in relatively small volumes. The Philippines supplied 6,260 tons in the first three quarters, while Malaysia shipped 215 tons valued at $3.65 million between June, when it received approval for fresh durian exports, and September.

    But even as current suppliers make efforts to boost durian shipments, the Chinese market still has plenty of room for growth as, according to a report by Beijing-based consultancy Guanyan Tianxia, less than one in 100 Chinese people has tasted durian.

    The untapped potential is drawing new players into the market, including Indonesia, which has been traditionally exporting the fruit as paste to China.

    The country is ramping up efforts to ship fresh durians to China, its coordinating minister for food affairs, Zulkifli Hasan, said last month.

    Laos, whose durian industry has only been gaining traction recently, is also vying for a share of the Chinese durian market, Nikkei Asia reported in late October.

    Bounchanh Kombounyasith, director general of the country’s Department of Agriculture, said market access documents were being prepared and Lao durians will soon be exported to China.

  • PLDT, Smart Lead National Drive to Protect Telecom Infrastructure

    PLDT, Smart Lead National Drive to Protect Telecom Infrastructure

    In partnership with public and private stakeholders, including local government units and communities, the companies aim to ensure reliable connectivity and uninterrupted service across the nation.

    “Protecting our infrastructure is not just about safeguarding our business operations; it is about ensuring that our customers and communities can rely on uninterrupted connectivity and technology that are essential for our country’s development within a safe and secure cyber environment,” said Atty. Roy Ibay, Vice President and Head of Regulatory at Smart and convenor of PROTECTA Pilipinas, a public-private partnership dedicated to safeguarding technology and telecommunications infrastructure nationwide.

    PLDT, Smart, and the Cybercrime Investigation and Coordinating Center (CICC) spearheaded the launch of a coalition focused on telecommunications infrastructure protection. The launch brought together key stakeholders, including the Philippine Chamber of Telecommunication Operators; advocacy group, CITIZENWATCH Philippines; think-tank, Infrawatch PH; the PNP Anti-Cybercrime Group; the Federation of International Cable TV Association of the Philippines (FICTAP); and the Manila Electric Co. (Meralco).

    In collaboration with the Metropolitan Manila Development Authority (MMDA), PLDT has taken proactive measures to protect fiber optic cables from accidental damage during roadworks, particularly during excavation and digging activities.

    Beyond partnerships with government agencies and industry players, PLDT Group has been encouraging its customers and communities to report illegal activities such as cable theft, breakage, and related incidents to local authorities.

    These initiatives reflect PLDT and Smart’s commitment to enhancing telecommunications infrastructure protection, improving customer experience nationwide, and supporting the United Nations (UN) Sustainable Development Goal (SDG) 9, which focuses on industry, innovation, and infrastructure.

    These efforts also align with the government’s push for digital transformation, which aims to bridge the digital divide and ensure internet access for more Filipinos across the nation.

  • Indonesia says 2024 was hottest year on record

    Indonesia says 2024 was hottest year on record

    Indonesia experienced its hottest year on record in 2024, the country’s weather agency said Friday, matching several other nations which have reported similar rises in temperature.

    Indonesia still relies enormously on fossil fuel energy — which scientists say is a leading cause of global warming — and is listed as one of the top greenhouse gas emitters in the world.

    The average air temperature in 2024 was 27.5 degrees Celsius (81.5 Fahrenheit), some 0.8 degrees Celsius warmer than between 1991 and 2020, the country’s meteorology, climatology and geophysics agency (BMKG) posted on its website Friday.

    It said the data was obtained from 113 monitoring posts across the country.

    Indonesia had its hottest April in more than four decades last year as extreme heat swept parts of Asia.

    The United Nations said Monday that 2024 was set to be the hottest year ever recorded worldwide.

    Both China and India have already said the year was their hottest in decades.

  • Smart Communications Launches First 5G Max City

    Smart Communications Launches First 5G Max City

    The company plans to roll out additional Smart 5G Max Cities in 2025, aiming to bring faster and more reliable 5G connectivity to more Filipinos across the country.

    Debbie Hu, Head of Wireless Network at Smart, stated that the achievement forms part of Smart’s broader commitment to building robust, future-ready infrastructure. She mentioned that, starting with BGC as a blueprint, the company aims to expand the Smart 5G Max experience—which is already benefiting residents, workers, and businesses in BGC—to more cities and areas across the Philippines. This expansion is intended to boost productivity and enhance the digital lifestyle of Filipinos.

    During a recent event, 5G users (at its peak) outnumbered 4G users for the first time, highlighting the power of Smart 5G Max. According to Hu, this is the first time 5G user count has exceeded that of 4G at their events during peak traffic times. Independent speed tests conducted during the event also revealed that Smart’s 5G network outperformed competitors, demonstrating download speeds that were at least three times faster and upload speeds that were twice as fast.

    “Our speed advantage empowers users with instantaneous access to content, seamless streaming, and uninterrupted online gaming, cementing Smart 5G as the superior choice for customers,” said Kristine Go, Senior Vice President for Wireless Consumer Business at Smart. “After hosting the country’s first-ever Smart 5G Max-powered concert in the Philippines in BGC, which highlighted the possibilities of ultra-fast, ultra-low latency, and reliable 5G networks, we are now eyeing to extend Smart’s superior 5G experience outside of Metro Manila to benefit more content creators, streamers, and gamers, unlocking endless 5G-powered opportunities in every corner of the nation.”

    Smart continues to lead the charge in advancing 5G adoption in the Philippines with its latest milestone. In addition to expanding and upgrading its mobile network, which currently covers 97% of the population, Smart boasts the largest integrated network in the Philippines.

    Through its innovative mobile products and services, Smart also supports PLDT Group’s efforts in bridging the digital divide, enhancing connectivity, and contributing to the United Nations (UN) Sustainable Development Goals (SDGs); especially SDG 9, which focuses on industry, innovation, and infrastructure.

  • Pizza 4P’s launches in Indonesia

    Pizza 4P’s launches in Indonesia

    After entering Japan last year, Vietnam-based chain Pizza 4P’s has opened its first location in Indonesia, accelerating the brand’s international expansion.

    The store, located in Jakarta’s Mori Tower, features nature-friendly materials including handwoven water hyacinth wallpaper, indigo-dyed handwoven cotton cushions and terrazzo flooring embedded with seashells.

    According to Masuko Yosuke, Pizza 4Ps’ founder and CEO, the company also collaborates with a local Jakarta bakery to impart its culture of making sourdough dough.

    “Our Jakarta store is built around the theme of “Biodiversity”, honouring the rich natural diversity of Indonesia,” said Yosuke.

    “From the interior design to the menu, every aspect reflects this theme, aiming to create a space where you can feel the interconnectedness of all living things—a sense of Oneness.”

    Pizza 4P’s, headquartered in Ho Chi Minh City, was founded in 2011 by Japanese couple Yosuke and Sanae Masuko as a single restaurant selling wood-fired gourmet pizzas.

    The chain quickly established a cult following among expats and locals, and by the time Mekong Capital invested in 2018, it had expanded to eight locations.

  • Japan Airlines’ vision for the future of pharmaceutical logistics

    Japan Airlines’ vision for the future of pharmaceutical logistics

    Japan Airlines (JAL) is taking a significant leap forward in the logistics and healthcare sectors by incorporating drone technology into its broader business strategy. This initiative is part of JAL’s Digital Transformation (DX) strategy, which focuses on integrating advanced technology with the airline’s expertise in safe operations. By collaborating with other companies and aligning with government policies, JAL aims to revolutionise air mobility through drones and electric Vertical Take-Off and Landing (eVTOL) vehicles.

    At the core of this transformation is the Air Mobility Operation Platform (AMOP), a social infrastructure designed to manage the safe operation of next-generation air mobility services. AMOP offers more than just operational management systems providing consulting, communication support, insurance, aircraft provision, and pilot training services. While the platform’s applications are vast, JAL sees particular potential in using drones to deliver lightweight, high-value, and time-sensitive medical supplies.

    “Combining our expertise in safe operations with advanced technology, we are collaborating with other companies to promote the next-generation air mobility business,” explains Eriko Yano, Manager, Drone Business Group, Air Mobility Business Creation Department, Innovation Division, at Japan Airlines. The airline envisions a future where drones and eVTOLs are a common feature of healthcare logistics, transforming how medical supplies are delivered.

    Pioneering drone-based pharmaceutical delivery
    One of JAL’s most promising ventures is its drone-based pharmaceutical delivery system, which aims to streamline the transportation of essential medications. In a demonstration in Tokyo, JAL partnered with consortium companies to deliver low-frequency, high-value pharmaceutical products from warehouses to hospitals. This initiative aims to reduce wastage caused by expired pharmaceuticals, while also addressing the unique logistical challenges faced by hospitals in densely populated areas like Tokyo.

    JAL has also expanded its efforts to more remote locations. On Amami Oshima Island, in collaboration with the Setouchi Town Office, JAL established “Amami Island Drone Co., Ltd.” to deliver pharmaceuticals to residents of remote islands. These efforts demonstrate how drone technology can bridge logistical gaps, ensuring that vital medical supplies reach even the most isolated communities.

    Enhancing healthcare logistics with drone ports
    A key takeaway from JAL’s recent demonstration in Koto-ku, Tokyo, was the potential of drone ports in hospital settings. These ports could allow hospitals to receive pharmaceutical deliveries at their convenience, reducing reliance on traditional logistics systems. As the airline continues to explore the capabilities of drone technology, it also recognises the importance of addressing the shortage of manpower in the pharmaceutical industry.

    In terms of operational efficiency, JAL is focusing on safety and reliability. The airline sees drone ports as an essential component in achieving this, allowing for automated takeoff and landing procedures that minimise human involvement while ensuring temperature control and delivery management. Hospital personnel involved in the demonstration expressed enthusiasm for the potential of drone ports, particularly in emergencies when road closures or disasters isolate healthcare facilities.

    Overcoming challenges and advancing technology
    JAL has faced challenges in its pursuit of drone-based logistics, particularly regarding Level 4 flights—drones flying beyond visual line of sight (BVLOS) in populated areas. Currently, only one drone model, the PF2-CAT3 by ACSL, is certified for these flights. To overcome this limitation, JAL works with partners to diversify drone options and expand operations into urban areas. “We need drones with advanced control capabilities and high-precision landing, especially for operations in limited spaces like urban areas,” Eriko noted.

    In addition to enhancing drone technology, JAL is also developing a flight management system that allows a single operator to control multiple drones. This would significantly reduce operational costs and improve efficiency, paving the way for widespread drone adoption.

    Building strategic partnerships
    Collaboration is key to JAL’s success in the drone industry. The airline has partnered with several organisations, including KDDI Corporation, East Japan Railway Company, and local hospitals, to bring its vision to life. Each partner plays a unique role: KDDI provides essential LTE communication, East Japan Railway Company offers implementation support, and local hospitals serve as demonstration sites, providing valuable feedback on the practicality of drone deliveries.

    These partnerships are vital not only for the technical success of the project but also for gaining public acceptance of drones in everyday life. JAL has been proactively educating the public and healthcare professionals about the benefits and safety of drone technology through workshops and demonstrations. The airline is also working on initiatives to help hospital staff acquire the necessary skills to handle drone operations.

    Navigating regulations and ensuring safety
    Navigating Japan’s regulatory landscape for drone operations has been a complex process for JAL. The airline is working closely with Prodrone Co., Ltd. to meet the stringent requirements for Type 1 Certification, which allows for Level 4 flights in densely populated areas. In addition, JAL has introduced training programs based on Crew Resource Management (CRM), a concept used in aviation to improve safety and coordination among pilots.

    JAL is also taking steps to ensure the sustainability of drone operations. One of its long-term goals is to reduce manpower and increase aircraft utilisation by allowing a single pilot to control multiple drones. Supported by the New Energy and Industrial Technology Development Organization (NEDO), JAL is conducting technological verification to achieve this.

    The future of drone-based healthcare logistics
    JAL’s drone initiatives can potentially transform healthcare logistics in Tokyo and beyond. Drones could be crucial in maintaining healthcare systems in depopulated areas, ensuring patients receive necessary medications and blood supplies even in remote regions. During emergencies, drones could provide uninterrupted delivery services, ensuring the continuous flow of critical supplies.

    “We believe that drones can contribute significantly to maintaining medical systems in areas where healthcare infrastructure is difficult to maintain,” Eriko states. The airline also sees potential for expanding drone deliveries to sectors beyond pharmaceuticals, such as food supplies and newspapers, as demonstrated by its operations on Amami Oshima Island.

    Ultimately, JAL’s vision is to create a sustainable, efficient, and reliable drone logistics service that benefits healthcare providers and patients. By reducing medication waste, improving delivery times, and enhancing operational safety, drones have the potential to revolutionise the healthcare industry—not just in Tokyo, but across the globe.

  • Stocks rise in first session of the year

    Stocks rise in first session of the year

    Vietnam’s benchmark VN-Index rose 0.23% to 1,269.71 points Thursday in the first session of 2025 while Asian shares began the year slightly lower.

    The index closed 2.93 points higher after dropping 5.24 points in the previous session.

    Trading on the Ho Chi Minh Stock Exchange decreased by 7% to VND10.752 trillion (US$422.4 million).

    The VN-30 basket, comprising the 30 largest capped stocks, saw 12 tickers gained.

    PLX of fuel distributor Petrolimex went up 1.7%, BID of state-owned lender BIDV rose 1.7%, and BVH of insurance company Bao Viet Holdings closed 1.6% higher.

    Eleven blue chips fell. HDB of lender HDBank slid 1.6%, TCB of private lender Techcombank went down 1.2%, and ACB of Asia Commercial Bank saw a 0.8% drop.

    Foreign investors were net seller to the tune of VND98 billion, mainly selling FPT of IT giant FPT Corporation and VCB of state-owned lender Vietcombank.

    The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.11%, while the UPCoM-Index for the Unlisted Public Companies Market went down 0.04%.

    Globally, Asian stocks began the year on a dour note on Thursday as they struggled for traction after a jittery close to 2024, while the U.S. dollar held steady and investor sentiment stayed cautious ahead of Donald Trump’s return to the White House, Reuters reported.

    While global shares closed out 2024 with a strong yearly gain of nearly 16%, they had clocked a monthly loss of more than 2% in December.

    The same was the case for MSCI’s broadest index of Asia-Pacific shares outside Japan, which slid 1.2% in December though registered a gain of more than 7% for 2024.

    The index was last down 0.58% in the Asian session on Thursday, with volume thinned given a trading holiday in Japan.

    Chinese stocks were battered, with the CSI300 blue-chip index last down 2.65% while the Shanghai Composite Index lost 2.36%. Hong Kong’s Hang Seng Index slid 2.15%.