Tag: Mitsui

  • Mitsui Outlet Park planned for Taichung, Taiwan

    Mitsui Outlet Park planned for Taichung, Taiwan

    Japanese developer Mitsui Fudosan is set to open a Mitsui Outlet Park in Taichung, Taiwan.

    The plans, which will include a Mitsui LaLaport shopping mall, have been given official approval by the area administration following a delegation to led by Taiwan Mitsui Fudosan Group chairman Shitamachi Ichiro, which was granted an audience with Taichung’s Mayor Lu Shiow-yen.

    The agreement brought a successful conclusion to discussions that had been underway since March last year. It is Mitsui Fudosan’s second LaLaport project in the country.

    The site will undergo initial development work at the end of this month, aiming for an opening date during 2022. The complex is likely to generate employment for 3500 staff in the region.

    A Taichung City government press release indicated a surge in Japanese investments into the area and a generally favorable outlook for the city’s consumer market.

  • Mitsui Outlet Park continue its opening phase

    Mitsui Outlet Park continue its opening phase

    About 35 new stores are lined up for the soft opening of phase two of Mitsui Outlet Park KLIA Sepang on December 15.

    An official launch is slated for February, says Mitsui Fudosan (Asia) Malaysia, which runs the project in a JV with Malaysia Airport Holdings, MFMA Development.

    Shops making their first appearance in Malaysia include Hummer bags store and The Beauty Laboratory by Shiseido.

    “The expansion will also introduce a good retail mix ranging from fashion apparel and accessories, sports and kidswear to cosmetics and personal care, with diversification into entertainment and amusement as well as specialty stores,” says Mitsui Fudosan.

    Phase 2’s environmental design follows the park’s “tropical resort” theme and also features the Sky Walk, River Walk and Forest Walk. The first phase opened in May 2015.

    Headquartered in Japan, Mitsui Fudosan is expanding in Asia with Shanjing Outlet Plaza Nimbo and Mitsui Outlet Park Linkou in Taiwan.

    For next year the group plans to open Mitsui Outlet Park Taichung Port in Taiwan, followed by Mitsui Shopping Park LaLaport Shanghai Jinqiao in 2020 and Mitsui Shopping Park LaLaport Kuala Lumpur in 2021.

  • Mitsui Sumitomo Insurance Welfare Foundation awards research grants to 4 projects

    Mitsui Sumitomo Insurance Welfare Foundation awards research grants to 4 projects

    This year’s winners of the Mitsui Sumitomo Insurance Welfare Foundation (MSIWF) research grant, awarded for exceptional insight and potential, comprised of some of Singapore’s leading researchers that aim to make a difference by solving Singapore’s key traffic and healthcare issues for the nation’s ageing population.

    The 2016 winners are:

    • Ms Maria Cecilia Rojas Lopez, PhD candidate at the School of Civil and Environment Engineering at Nanyang Technological University, for her research that will lead to the development of traffic schemes and policies for the safety of cyclists and pedestrians on footpaths. For this project, Rojas Lopez will study cyclists’ behaviour and their interaction with other path users, which is a potential issue since bicycles have been allowed on footpaths in Singapore since March 2016.
    • Dr Tan Ngiap Chuan is a Family Physician, Senior Consultant and Director, Research at SingHealth Polyclinics. His proposed study aims to find out how common is the age-related loss of muscle mass and muscle function, known as “sarcopenia” among elderly patients. Sarcopenia has been shown to be worse amongst the elderly with diabetes. Muscle weakness resulting from the reduced muscle bulk and strength will subject the elderly to increased risks of frailty, falls, fractures, hospitalisations and even premature deaths. The findings from this study will allow doctors, nurses and other healthcare professionals to identify the reasons leading to sarcopenia, so that solutions can be developed and assessed if they are effective in reducing the muscle bulk loss, in maintaining or even strengthening their muscle functions.
    • Dr Kinjal Doshi, principal clinical psychologist at Singapore General Hospital, aims to create a better tool for use in identifying loss of functional abilities among the elderly. 
    • Dr Rufaihah Binte Abdul Jalil, assistant professor at the NUS Yong Loo Lin School of Medicine, will design a diagnostic tool for atherosclerosis, a main illness known to harden the arteries usually affecting the elderly.
    • MSIWF is a non-profit organisation that is part of the Mitsui Sumitomo Insurance Company, Limited, and supports researchers in Japan, Singapore and Thailand for practicable research in two key areas: senior citizen welfare and traffic safety. The MSIWF research grant is unique compared to others, as it supports interdisciplinary research at its early stages, where it is generally tougher for researchers to obtain funding elsewhere. 

    This year marks the 10th anniversary of MSIWF grant support in Singapore, which was introduced in 2007 for the first time outside of Japan. Since then, MSWIF has supported 38 research projects and has disbursed grants worth more than about S$363,000.

    “At MSIG, our focus goes beyond financial profits. It is our mission to help secure a sustainable future for the communities at large. With a growing ageing demographic in Singapore, solutions for improving the quality of life are critical for sustainable growth. This grant from Mitsui Sumitomo Insurance Welfare Foundation aims to empower talented researchers to do just that,” said Mr Alan J. Wilson, Regional CEO of MSIG Holdings (Asia) Pte Ltd. 

    The call for the 2016 grants was launched in June last year, and a total of 246 applications were received globally. The winning projects will conduct their research over the next 12 months and their findings will be published in scientific journals as well as shared with the Foundation during next year’s presentation ceremony in 2018.