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TOKYO, March 5, 2026 /PRNewswire/ -- PEI-Genesis, a global leader in the design and assembly of custom-engineered interconnect solutions, will exhibit at Smart Energy Week at Tokyo Big Sight, from March 17 to 19, 2026, from 10:00 a.m. to 5:00 p.m. Attendees can visit Booth S33-6 in Hall 3 within the Battery section (Material & Component zone) to explore PEI-Genesis' latest interconnect innovations for energy and electrification applications. At Smart Energy Week, PEI-Genesis will showcase a broad portfolio of high-power interconnect solutions and custom cable assemblies designed to support next-generation energy systems, including EV charging (with liquid-cooling capabilities), energy storage systems, electrification, and industrial automation. Featured supplier partners include Amphenol, ITT Cannon, Positronic and others. Visit PEI-Genesis at Smart Energy Week 2026 at Tokyo Big Sight, Hall 3, Battery Japan, Booth S33-6, from March 17 to March 19, 2026, 10:00 a.m.–5:00 p.m. "Battery and electrification technologies continue to evolve rapidly, and reliable interconnect solutions play a critical role in enabling that progress," said Alex Tsui, Vice President and Managing Director, Asia Pacific, PEI-Genesis. "Smart Energy Week provides an important platform for us to engage directly with customers in Japan and across the region, share our technical expertise, and demonstrate how PEI-Genesis supports innovative energy solutions through speed, flexibility, and engineering excellence." This year also marks PEI-Genesis' 80th anniversary — an important milestone that reflects eight decades of engineering excellence, trusted partnerships, and global growth. Building on this legacy, the company continues to deliver high-performance interconnect and cable assembly solutions for next-generation technologies. Smart Energy Week is one of Asia's leading energy exhibitions, bringing together global manufacturers, engineers, and industry leaders to showcase advancements across rechargeable batteries, hydrogen and fuel cells, solar power, smart grids, wind power, biomass, and zero-emission thermal technologies. Visit PEI-Genesis at Smart Energy Week 2026 at Tokyo Big Sight, Hall 3, Battery Japan, Booth S33-6, from March 17 to March 19, 2026, 10:00 a.m.–5:00 p.m. About PEI-Genesis Founded in 1946, PEI-Genesis is one of the world's fastest assemblers of precision connectors and cable assemblies. From the largest connector component inventory in the world, they develop engineered solutions that support the military, industrial, medical, aerospace, transportation, and energy sectors worldwide. Headquartered in Philadelphia, PA, PEI-Genesis has production facilities in South Bend, IN; Southampton, UK; Louny, Czech Republic; Zhuhai, China and Pune, India, as well as sales offices throughout the Americas, Europe, and Asia. More information may be found at www.peigenesis.com. Website: http://www.peigenesis.com LinkedIn: https://www.linkedin.com/company/pei-genesis/ Twitter: https://twitter.com/PEIGenesis Facebook: https://www.facebook.com/PEIGenesis Blog: https://blog.peigenesis.com/
SINGAPORE, March 6, 2026 /PRNewswire/ -- Körber Supply Chain is pleased to announce a new customer partnership with HH Stainless Pte Ltd, a leading importer, exporter, and stockist of stainless-steel materials in Singapore and Southeast Asia. This project strengthens Körber's regional presence and reflects its continued commitment to delivering advanced warehouse automation solutions customized to industrial customers. Founded in 1964, HH Stainless supplies stainless-steel pipes, fittings, flanges, bars, and plates, with an inventory exceeding 12,000 tonnes and a range of value-added services. Körber Supply Chain Announces Customer Partnership with HH Stainless Pte Ltd Körber's ASRS solution allows HH Stainless to significantly reduce and save on labour costs by minimizing handling and walking distances, while increasing picking efficiency. Furthermore, the vertical storage design maximises space utilisation through a compact honeycomb structure, reducing space needs and enabling higher storage density in HH Stainless facility. The project involves the design and implementation of an Automated Storage and Retrieval System (ASRS) for long-length stainless steel pipes at HH Stainless's facility located in Singapore. Körber's solution features a stacker crane with a single load handling device, specifically engineered to manage cassettes storing long products and pipe products. In addition, the integrated warehouse management and Körber's K.OneX warehouse control software will provide real-time visibility of inventory and system status, optimise storage and retrieval sequences, and enhance inventory accuracy and traceability. Dedicated local after-sales and technical support from Körber's Singapore-based team will ensure ongoing maintenance and long-term reliability of the system. "This partnership reflects our strong local presence and ability to deliver tailored automation solutions," said Louis Kok, Head of Marketing and Sales for Körber's Business Area Supply Chain in Singapore. "We appreciate the confidence HH Stainless has placed in us and look forward to supporting their operations with a scalable, future-ready solution." Mr. Terence Low, General Manager-Purchasing, from HH Stainless commented: "We believe Körber's automation expertise and strong local support will provide a strong foundation for this partnership as we support our growth and operational goals." The Business Area Supply Chain is part of the global technology group Körber. Find out more on www.koerber-supplychain.com. To learn more about HH Stainless, please visit: https://www.honghock.com.sg/hhstainless/. For media inquiries, please contact: Louis Kok Head of Marketing & Sales Koerber Supply Chain SG Pte Ltd +65 6841 7073 info.sc.sgp@koerber-supplychain.com
BEIJING, March 6, 2026 /PRNewswire/ -- China targets economic growth of 4.5 percent to 5 percent this year and will strive for better in practice, according to a Government Work Report submitted Thursday to the country's top legislature for deliberation. The annual growth target was unveiled in the Government Work Report delivered by Premier Li Qiang to the National People's Congress (NPC), the national legislature, which began its annual session on Thursday morning. Over the next five years, China expects to keep its GDP growth within an appropriate range, with annual growth rates to be determined in light of actual conditions, according to the report. This will lay a solid foundation for achieving the goal of doubling China's 2020 per capita GDP by 2035 to reach the level of a moderately developed country, the report said. The target of 4.5 percent to 5 percent economic growth for 2026, while striving to achieve better results in practice, is intended to strike a balance between what is needed and what is feasible, said Shen Danyang, head of the group responsible for drafting this year's government work report, according to Xinhua. The setting of the economic growth target for 2026 is "proactive and pragmatic", reflecting a broad assessment of domestic conditions and shifts in the external environment, Shen said. Analysts said that the target range reflects a more prudent assessment of global uncertainties, and allows greater policy flexibility to focus on high-quality development while still signaling policymakers' confidence in maintaining stable growth in the world's second-largest economy amid rising global risks and turmoil. Flexibility allowed This is not the first time China has set its GDP growth target in the form of a range. For example, in 2016, a target range was set at 6.5 to 7 percent. In 2019, the target was set at 6 to 6.5 percent. Lawmakers, national political advisors, analysts as well as executives of multinationals said that the targeted growth range is set to ensure the Chinese economy gets off to a good start in the inaugural year of the 15th Five-Year Plan period (2026-30), and the figure is of paramount importance to pinpointing new growth engines and maintaining stable and sustained economic growth. NPC deputy Yu Miaojie, president of Liaoning University, told the Global Times on Thursday that a growth target range of 4.5 percent to 5 percent allows greater policy flexibility, enabling localities to focus on high-quality economic growth as their primary goal and, more importantly, place greater focus on people's livelihoods. "Maintaining an annual economic growth rate within this range reflects the stability of China's economy," Yu said, noting the steady track record of economic growth in the past several years. Amid escalating geopolitical conflicts and growing global turmoil, China's economy has maintained stable and sustained growth, driven by the country's economic resilience and social stability, Yu said. Denis Depoux, global managing director of strategy consulting firm Roland Berger, told the Global Times on Thursday that it is crucial to understand that this "growth consensus" is not a sign of weakness but a necessary trade-off to achieve higher-priority objectives. "In the context of rising global uncertainty, the growth target creates fiscal and political buffers for China to drive reform and address real problems without the pressure of chasing high growth at all costs. It allows for a significant reallocation of capital away from inefficient investments and toward the real needs of the economy, namely technology and people," Depoux said. Still, China's GDP growth target range, if achieved, would largely surpass the world's average growth rate in 2026 with the world economy facing unprecedented geopolitical and economic challenges and turmoil, analysts said. China's newly announced growth range for 2026 is a firm answer to the "China peak theory" and the Chinese economy is expected to serve as a source of stability for the global economy, they noted. Notably, the Chinese economy is projected to grow faster in 2026 than the US, Japan and the Euro area, according to the International Monetary Fund (IMF), with the US economy projected to grow 2.4 percent in 2026, 0.7 percent for Japan and 1.3 percent for the Euro area. The projected pace would also be among the highest for major economies globally, Shen said. "The growth target is definitely achievable - the target is set in a very practical and realistic way," Yin Tongyue, a National People's Congress deputy and chairman of Chinese automaker Chery Holding Group Co, told the Global Times as he walked out the Great Hall of the People after listening to the delivery of the Government Work Report in Beijing on Thursday. Pragmatic approach Foreign media outlets closely followed China's GDP growth target, with several reports noting that the target range is the lowest range in decades, but creates flexibility for reforms. Reuters reported that a "lower growth target gives Beijing more flexibility to implement reforms that make the world's second-largest economy less reliant on exports for growth", while the Guardian reported that the figure "reflects an economic strategy that is shifting away from export-led growth to a model that leaders hope will be more resilient to external shocks." The Wall Street Journal wrote that the "less ambitious growth target also gives Chinese leaders some room to maneuver the economy through complicated geopolitical terrain" and the unchanged deficit target should "give policymakers ample room to rev up government spending if needed." This is to do with the stage of economic development, as economic growth cannot sustain a continuously high speed, Qu Yongyi, a researcher with the Institute of Industrial Economics of the Chinese Academy of Social Sciences and a national political advisor, told the Global Times on Thursday. "This target range reflects that the government is not solely pursuing GDP growth but is placing greater emphasis on high-quality development." Tian Xuan, an NPC deputy and a Boya Distinguished Professor of Finance at Peking University, told the Global Times on Thursday that the GDP growth target range is not about "slowing down growth" but rather a "recalibration" of the pace of development. "It represents the optimal solution found between long-term goals and immediate challenges - one that both upholds the baseline needed to achieve the 2035 vision and reflects a pragmatic approach to development," Tian said. "The modest downward adjustment is not a simple numerical change, but a pragmatic step grounded in economic reality and a move tailored precisely to long-term development goals." The "range-based regulation" sets a lower bound for growth while preserving upward flexibility and sufficient room for policy maneuvering — all to safeguard the certainty of high-quality development. This also means that achieving the target will be anything but easy; it will require sustained and arduous effort, The People's Daily noted in a commentary published on Thursday. The commentary, titled China has set an economic growth target of 4.5 percent to 5 percent this year. How should we view it, said that to make further progress from an already high level, we must emphasize both quantity and, more importantly, quality. Can we go even faster? It's not that we cannot; it's that we choose not to. The very "first lesson of the new year" stressed curbing impulsive pursuit of governance achievements, carrying profound significance. "Pursuing genuine and unvarnished growth, and advancing high-quality, sustainable development." This demonstrates the determination to forge ahead despite pressure and strive for innovation and high quality, it said. https://www.globaltimes.cn/page/202603/1356399.shtml
BARCELONA, Spain, March 6, 2026 /PRNewswire/ -- Whale Cloud, a global leader in building intelligent productivity, today announced that it has received the Excellence in Partnership Award from DITO Telecommunity, a leading telecommunications company in the Philippines. The award recognizes Whale Cloud's long-standing commitment and contributions to supporting DITO's digital transformation and rapid growth in the Philippine market. Left to right: Ben Zhou, CEO of Whale Cloud; Eric Alberto, CEO of DITO Telecommunity, hold the “Excellence in Partnership Award” presented to Whale Cloud by DITO Telecommunity during MWC Barcelona 2026. Since the early stages of DITO's establishment, Whale Cloud has served as a strategic technology partner, providing key digital capabilities including Digital Business Support Systems (BSS), Operations Support Systems (OSS), big data platforms, and AI-enabled solutions. These technologies have helped DITO build a scalable digital foundation, enhance operational efficiency, and continuously improve digital services and customer experience for its growing subscriber base. Notably, the DITO App developed by Whale Cloud has become a major digital touchpoint for subscribers. Its strong digital experience has also received industry recognition, with DITO winning Mobile App of the Year – Philippines at the Asian Telecom Awards. With more than two decades of experience in the telecommunications industry, Whale Cloud continues to advance innovation through AI-driven telecom solutions. Its AI-enabled BSS/OSS capabilities have been recognized by leading global industry organizations, including the Business Gamechanger Award from TM Forum, the Magic Quadrant for AI in CSP Customer and Business Operations by Gartner, the Asia-Pacific Technology Innovation Leadership Award by Frost & Sullivan, and the AI Gamechanger Performance Award from Fast Mode. Visitors at the Whale Cloud booth during MWC Barcelona 2026 in Barcelona. At MWC Barcelona 2026, Whale Cloud also highlighted its enterprise-centric, cloud-native architecture and AI-native digital platforms that help telecom operators enhance delivery efficiency, strengthen business agility, and boost productivity while accelerating their evolution from telcos to techcos. "Receiving this award from DITO is a strong recognition of the partnership we have built over the years," said Ben Zhou, CEO of Whale Cloud. "We will continue to work closely with DITO to drive AI-enabled innovation and deliver advanced digital capabilities that support sustainable growth." Eric Alberto, CEO of DITO Telecommunity added, "Whale Cloud has been a trusted partner since the early stages of DITO's development. Their expertise in telecom digital platforms and innovation has played a key role in supporting our rapid growth, and we look forward to further strengthening this collaboration in the future."
MELBOURNE, Australia, March 6, 2026 /PRNewswire/ -- Ceretone, an innovative hearing technology brand, today announces its official entry into the Australian market. The company's comprehensive product line will launch on Chemist Warehouse's online platform in late February 2026, bringing affordable, high-performance hearing solutions to Australian consumers. Hearing aids ready for use in Australia at Chemist Warehouse Flagship Products Lead the Way Ceretone's Australian launch features two flagship models: Core One Pro and Beacon. Core One Pro stands out as one of the smallest rechargeable hearing aids available on the market, offering feather-light comfort and a remarkably discreet design. This virtually invisible profile empowers users to address their hearing needs confidently, without the social stigma often associated with traditional hearing aids. Beacon delivers advanced features and exceptional performance for consumers seeking premium hearing assistance, representing the pinnacle of Ceretone's technological capabilities with sophisticated sound processing for complex listening environments. The launch also includes additional models—Nexus, Fusion, Solid, and Torch—providing comprehensive solutions tailored to diverse hearing needs and lifestyle requirements. Ceretone Products Breaking the Price Barrier Traditional prescription hearing aids in Australia routinely cost upwards of $6,000 AUD, creating a significant barrier for many who need them. Ceretone is changing this dramatically. As ready-to-use devices, Ceretone products require no doctor's prescription, eliminating both the cost and complexity of medical appointments. More importantly, Ceretone offers premium hearing solutions at a fraction of traditional costs without compromising on sound quality or performance. Each device features advanced noise reduction technology and intuitive controls that make adjustment simple for users of all ages. Mission-Driven Accessibility Ceretone's mission is clear: make hearing aids accessible to everyone who needs them. The company believes clear hearing is a fundamental right, not a luxury. While maintaining uncompromising quality standards, Ceretone continuously enhances value through technological innovation and efficient operations, proving that exceptional quality and affordability can coexist. Convenient Access and Expansion Ceretone has partnered with Chemist Warehouse, Australia's leading pharmacy retailer, to launch its products online. The company is actively expanding to additional e-commerce platforms and offline pharmacy channels, ensuring convenient access for all Australians regardless of location or shopping preference. Quality and Support All Ceretone products comply with Australia's Therapeutic Goods Administration (TGA) requirements, meeting strict medical device standards for quality and safety. The company has partnered with PICA, an established Australian distributor, to provide local support. For product inquiries or assistance, customers can contact PICA at ceretone@pica.com.au Ceretone's Australian launch marks the beginning of a new era in hearing care, where quality solutions are within reach for everyone who needs them. About Ceretone Ceretone is a global hearing technology brand dedicated to making quality hearing care accessible through advanced digital solutions, user-centered design, and mission-driven affordability. Media InquiriesPR ManagerIngrid.liu@ceretone.com Consumer InquiriesPICA Australiaceretone@pica.com.au
▶ Participates in economic delegation and explores ways to expand bilateral cooperation at the Korea–Philippines Business Forum▶ Pays tribute at Korean War Memorial… Inspects HD Hyundai Philippines Shipyard and encourages local employees▶ HD Hyundai Heavy Industries contributes to Philippine naval modernization with orders for 12 naval vessels and establishment of a logistics support center SEOUL, South Korea, March 6, 2026 /PRNewswire/ -- HD Hyundai Chairman Chung Kisun has stepped forward to play a bridging role in strengthening ties between Korea and the Philippines. HD Hyundai Chairman Chung Kisun lays flowers at the Korean War Memorial located at the National Heroes’ Cemetery in the Philippines on March 4. HD Hyundai announced on March 5 that Chairman Chung, who is currently visiting the Philippines as part of the Korean government's economic delegation, paid tribute at a Korean War memorial, attended the Korea–Philippines Business Forum, and inspected HD Hyundai Philippines Shipyard (HD Hyundai Philippines). On March 4, Chairman Chung first visited the Korean War Memorial located at the Libingan ng mga Bayani (National Heroes' Cemetery) in Manila and laid flowers in tribute. During the Korean War, the Philippines was the first Asian country to organize and deploy a combat unit, sending the largest contingent of troops among Asian nations—7,420 personnel. Earlier that morning, he attended the Korea–Philippines Business Forum, jointly hosted by the Federation of Korean Industries (FKI) and the Philippine Chamber of Commerce and Industry (PCCI), where participants discussed concrete measures to expand economic cooperation between the two countries. On March 5, Chairman Chung visited HD Hyundai Philippines in Subic Bay, where he toured the construction site of a new employee dormitory and the shipyard, while encouraging employees working at the site. "We will take even greater care to ensure quality housing, health care, and safety for workers. Above all, I ask that you always place safety first and do your best in your respective roles," said Chairman Chung during a luncheon with local employees. Meanwhile, HD Korea Shipbuilding & Offshore Engineering—the intermediate holding company for HD Hyundai's shipbuilding businesses—signed a lease agreement in May 2024 with Cerberus Capital Management for part of a shipyard site in the Philippines, leading to the establishment of HD Hyundai Philippines. In September last year, with Philippine President Ferdinand Marcos Jr. in attendance, HD Hyundai Philippines held a steel-cutting ceremony for the construction of its first vessel—an 115,000-ton petrochemical product carrier. Since 2016, HD Hyundai Heavy Industries has secured orders for a total of 12 naval vessels from the Philippines, playing a leading role in the modernization of the Philippine Navy. In addition, the company established a logistics support center in the country in 2022 and has been carrying out maintenance, repair, and overhaul services for naval vessels, including previously delivered frigates and corvettes. "HD Hyundai has gone beyond a simple business partnership with the Philippines to serve as a key bridge promoting friendship between the Republic of Korea and the Philippines. We will continue to build deep trust with the Philippines with pride in representing Korea," said Chairman Chung. HD Hyundai Chairman Chung Kisun lays flowers at the Korean War Memorial located at the National Heroes’ Cemetery in the Philippines on March 4.
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