$SATS LTD.(S58.SI)$  SATS and Sinotrans Forge Global Expansion Partnership

In a strategic move to expand their global footprint, SATS Ltd and Sinotrans Air Freight (Sinoair) have signed a Memorandum of Understanding (MoU) to explore joint projects worldwide. The collaboration is focused on developing airfreight gateway hubs in key international markets such as Singapore, Malaysia, Indonesia, Saudi Arabia, and Belgium. This agreement will enable both companies to leverage their respective networks and expertise to enhance air cargo services, particularly connecting China to cities globally. The deal was formalized in September 2024 by Bob Chi, CEO of SATS Gateway Services, and Liu Yong, Managing Director of Sinotrans Air Freight.

Additionally, the two firms are negotiating for SATS to manage a new e-commerce hub in Hangzhou, China, which is expected to be operational by 2026. This hub will play a pivotal role in supporting the fast-growing e-commerce market and enhancing global air transport capabilities. The partnership aligns with SATS’ ongoing global expansion strategy following its acquisition of Worldwide Flight Services (WFS), further strengthening its presence in Europe and North America​

Singapore Rolls Out Passport-Free Immigration at Changi Airport

In another exciting development, Singapore has fully implemented passport-less immigration clearance at Changi Airport, a world-first initiative aimed at enhancing travel convenience. The system, powered by biometric verification, allows passengers to clear immigration using facial recognition technology without needing to show a passport or boarding pass. This move is part of Singapore's push toward a seamless and efficient travel experience, setting a new global benchmark in airport security and passenger convenience​

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Both these developments underline Singapore's position as a global logistics and travel hub, with SATS playing a key role in shaping the future of aviation services.

@MillionaireTiger @TigerStars @Tiger Club @TigerEvents @Tiger_SG 

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