Media OutReach

Sun Life contributes to empower 1,000 migrant domestic workers in Hong Kong with financial literacy through HK$200,000 donation to Uplifters

Published

4 months ago

10/03/2025

HONG KONG SAR – Media OutReach Newswire – 10 March 2025 – Sun Life Hong Kong Limited (“Sun Life”) announced today a HK$200,000 donation to Uplifters, a non-profit organisation dedicated to empowering migrant domestic workers through online education and community support. The funding will contribute to support Uplifters’ flagship “Dare to Dream” programme, providing financial literacy education to approximately 1,000 migrant domestic workers per year in Hong Kong.

Sun Life announced a HK$200,000 donation to Uplifters to support its flagship “Dare to Dream” programme, providing financial literacy education to approximately 1,000 migrant domestic workers per year in Hong Kong.

This initiative comes in response to findings from Sun Life’s latest survey, “Women’s Wealth: Building Confidence and Security”, which revealed that 44% of mothers in Asia experience stress from balancing the needs of their children and parents. For migrant domestic workers in Hong Kong, who often support families abroad, the financial and emotional burden is particularly significant.

Uplifters’ “Dare to Dream” programme is a free comprehensive online course focusing on money management, personal development and mental well-being. Since its launch in 2018, over 10,000 migrant domestic workers have enrolled, joining a thriving community of 14,700 members. The programme equips participants with the tools to set financial goals, manage their money effectively, and improve their overall mental health. Following the completion of “Dare to Dream, 86% report transformative changes in their lives. To learn more about Uplifters and their free online courses, please visit their website. Migrant domestic workers can join the course through their Messenger Chatbot on their Facebook Page Online Courses by Uplifters.

With approximately 350,000 migrant domestic workers in Hong Kong, many lack access to financial security beyond basic health and injury coverage. Mandatory insurance does not extend to their families or potential loss of income. Sun Life’s donation will contribute to enable Uplifters to expand its reach, offering financial literacy courses to migrant domestic workers in Hong Kong and fostering greater awareness of the importance of financial planning.

David Broom, Chief Client and Distribution Officer of Sun Life Asia said: “At Sun Life, empowering communities through financial literacy is a cornerstone of our mission in Asia. We’re thrilled to collaborate with Uplifters on a pioneering initiative supporting foreign domestic helpers in Hong Kong, leveraging our experience in Hong Kong, Indonesia and the Philippines. The ‘Dare to Dream’ programme offers comprehensive financial education and practical resources, empowering participants to pursue their financial aspirations with confidence. This initiative aligns perfectly with our broader commitment to addressing the financial challenges faced by diverse communities across Asia and reinforces our ongoing efforts to develop and implement impactful financial literacy programmes that create lasting positive change.”

Marie Kretz Di Meglio, Founder and CEO of Uplifters, said: “We are deeply grateful for Sun Life’s generous support, which will enable us to continue our mission to empower migrant domestic workers with the tools and knowledge they need to achieve financial independence and personal growth. Through our ‘Dare to Dream’ programme, we aim to transform lives by fostering financial literacy, mental well-being and a sense of community. This partnership with Sun Life is a testament to the power of collaboration in creating meaningful change for underserved groups in Hong Kong.”

This partnership reflects Sun Life’s ongoing dedication to fostering financial resilience and well-being among women and underserved communities, aligning with its broader mission to promote financial literacy across Asia.

Hashtag: #SunLife #Uplifters #CSR #Women #domestichelpers #education #financialliteracy #永明金融 #女性 #家庭傭工 #教育 #財務傳承

The issuer is solely responsible for the content of this announcement.

About Sun Life

Sun Life is a leading international financial services organization providing asset management, wealth, insurance and health solutions to individual and institutional Clients. Sun Life has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of September 30, 2024, Sun Life had total assets under management of $1.51 trillion. For more information, please visit www.sunlife.com.

Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF. Sun Life Financial Inc. is the holding company of Sun Life Assurance Company of Canada. Sun Life Hong Kong Limited is a wholly-owned subsidiary of Sun Life Assurance Company of Canada.

Media OutReach

Southco Adds New Options To Its E5 Line Of Cam Latches

Published

14 hours ago

17/07/2025

Media Outreach

HONG KONG SAR – Media OutReach Newswire – 17 July 2025 – Southco is adding two new options to its E5 line of quarter-turn cam latches, opening up a variety of new functionalities. E5 cam latches offer affordable simplicity and superior flexibility due to their efficient modular design. New options for these latches include the Protected Cams and adjustable grips. These additions make the E5 line even more versatile than before.

The Protected Cam is an upgrade from existing flat cams, and perfect for those seeking to avoid wear and cosmetic damage that comes from a flat cam scraping against an enclosure frame. The Protected Cam adds a plastic cover to the end of a cam, providing protection from frame damage and smoother actuation. Fixed Grip Protected Cams are compatible with all E5 and H3 latches.

Southco’s next addition provides additional flexibility for its Wing Knob, T-Handle, and L-Handle cam latches. The Adjustable Grip option lets those using E5-9 hand-operated cam latches manually adjust the cam location on each latch. This allows users to freely change the grip strength of the latch, and adjust for variations in frame dimensions. Variability also allows manufacturers to use one latch for multiple frame designs.

These additions open up new possibilities for Southco E5 Cam Latches. Whether you need a durable protected lock for an outdoor latch, or a more compact device for smaller designs, the E5 has you covered. The additions build on the affordable simplicity that the E5 is known for. E5 latches can be easily installed in a single hole, and provide a no-hassle solution for a wide range of applications.

For more information about E5 Cam Latches, please visit E5 – Cam Latches – Quarter Turn Cam Latch | Southco or email the 24/7 customer service department at [email protected].

Hashtag: #Southco

The issuer is solely responsible for the content of this announcement.

Media OutReach

Reshaping Global Lubricant Supply Chains: Trump-Era Tariffs Driving Industry Pivot Toward Asia

Published

14 hours ago

17/07/2025

Media Outreach

SINGAPORE – Media OutReach Newswire – 17 July 2025 – With the global lubricants industry still adjusting to the lasting impact of U.S. trade policy enacted during the first presidential term of U.S. President Donald Trump, supply chains are undergoing dramatic shifts—and Asia is solidifying its role as the sector’s global hub.

While the U.S. tariffs primarily targeted a broad range of Chinese industrial chemicals under Section 301, some specialty additives used in lubricant formulations were affected. In response, U.S. manufacturers have faced increased costs, sourcing uncertainties, and production delays, prompting a re-evaluation of procurement strategies. These disruptions have had ripple effects across the automotive, industrial, and specialty lubricant markets worldwide.

Strategic Realignment: From the West to the East

As regulatory complexity and economic uncertainty mount in the U.S. and European markets, many lubricant producers, OEMs, and blenders are redirecting investment and operational focus toward Asia. The region already accounts for the world’s largest share of lubricant demand and continues to post some of the fastest growth, driven by expanding industrialization and vehicle ownership.

Asia’s strong manufacturing base, growing consumer markets, and expanding infrastructure for lubricant production make it an attractive destination for global expansion. Companies are deepening their presence in countries such as China, India, Malaysia, and Singapore—tapping into local production advantages, aligning with regional OEMs, and building supply chain resilience.

The Asian Lubricant Exhibition 2025: Spotlighting the Industry’s Transformation

The challenges—and potential advantages—of this strategic global shift will take center stage at the Asian Lubricant Exhibition 2025, held September 9–11 at the Suntec Singapore Convention & Exhibition Centre, Hall 403, Level 4. As Asia’s only dedicated trade show focused on the lubricants value chain, the event provides a timely platform for addressing trade disruptions, supply chain realignment, and emerging opportunities across the region. The exhibition and exhibitor presentations are open to the public, free of charge. Pre-registration is highly encouraged to be eligible for door prizes and exclusive onsite offers.

Co-hosted by the Asian Lubricants Industry Association (ALIA) and F&L Asia Ltd., the three-day event brings together global players navigating today’s volatile landscape—from base oil producers and additive specialists to blending, packaging, quality and compliance services, logistics, and end-user service providers.

With over 60% of booths already sold, and exhibitors including ExxonMobil, Chevron Oronite, CPC Corporation, Kangtai Lubricant Additives, Kemipex, Patech, Huntsman, Master Fluid, Axel Christiernsson, Metal-Chemie, ML Lubrication, Songwon, Vanderbilt, BRB, Hyrax Oil, and Universal Analytical, the exhibition offers a unique opportunity to showcase solutions that address the current challenges of global trade volatility—especially those tied to tariffs and regulatory pressures.

Highlights Include:

Exhibitor Presentations spotlighting supply chain innovations
Training and networking events such as the Base Oil 101 Training Course and the ALIA Anniversary Dinner
Executive Briefings on market forecasts and trade realignment
The ALIA Sustainability Session on future-ready lubricant strategies

Join the Conversation on Supply Chain Transformation

Whether you’re a supplier, OEM, blender, technology provider, or logistics expert, this is the moment to engage with Asia’s lubricant leaders and align your strategy with where the market is headed.

For booth bookings, program details, and registration, visit:

https://fuelsandlubes.com/fl-exhibition/

Let’s shape the future of lubricants—together in Singapore.

Hashtag: #AsianLubricantExhibition2025 #ALE2025

The issuer is solely responsible for the content of this announcement.

Media OutReach

SUNRATE Awarded In CNBC’s World’s Top Fintech Companies 2025 List

Published

16 hours ago

17/07/2025

Media Outreach

SINGAPORE – Media OutReach Newswire – 17 July 2025 – SUNRATE, the global payment and treasury management platform, announced today that it has been included in the prestigious CNBC’s list of the World’s Top Fintech Companies 2025.

CNBC, a world leader in business news partnered with Statista, a global data and business intelligence platform, to identify the top fintech companies from around the world. The World’s Top FinTech Companies 2025 list is based on the analysis and weighting of overarching KPIs like Payments, Alternate Finance, Financial Planning, Digital Assets, Neobanking, Wealth Technology, Business Process Solutions, and Banking Solutions. These segment-specific KPIs were derived from the following research methods:

Publicly Available Data Points: In-depth research into relevant KPIs for more than 2,000 eligible companies was conducted using publicly available sources such as annual reports, company websites, and media monitoring.
Open Online Application: More than 100 companies had the opportunity to be considered for the top list by submitting relevant KPIs.

“It’s a proud moment for SUNRATE to be recognised on CNBC’s list of the World’s Top Fintech Companies,” said Paul Meng, Co-founder of SUNRATE. “Since day one, our strategic vision has been to revolutionise global B2B payments by building a global clearing network and harnessing blockchain technology to deliver secure, efficient, compliant, and transparent cross-border payment solutions. This milestone reflects the trust our global clients place in us.”

Meng added, “As we scale further, we remain focused on expanding our capabilities and global reach to support the full spectrum of businesses—from small and medium-sized enterprises (SMEs) to large corporates—empowering them to thrive in today’s fast-evolving global commerce landscape.”

Hashtag: #SUNRATE

The issuer is solely responsible for the content of this announcement.

About SUNRATE

SUNRATE is a global payment and treasury management platform for businesses worldwide. Since its inception in 2016, SUNRATE has been recognised as a leading solution provider and has enabled companies to operate and scale both locally and globally in 190+ countries and regions with its cutting-edge proprietary platform, extensive global network, and robust APIs.

With its global business headquarters in Singapore and offices in Hong Kong, Jakarta, London, and Shanghai, SUNRATE partners with the top global financial institutions, such as Citibank, Standard Chartered, Barclays, J.P. Morgan and is the principal member of both Mastercard and Visa. To learn more about SUNRATE, visit https://www.sunrate.com/