HONG KONG, Jan 8, 2010 – A multi-million dollar scandal involving the Hong Kong Airmail Centre at Hong Kong International Airport has been exposed in the inaugural issue of the Transport Logistics industry’s first trade publication in book-like flippable format, Insights Magazine, which was launched today at the magazine’s parent company’s website – www.gctl8.com.
The magazine exposes Hong Kong Post’s HK$7.1 million (US$915,813) over-payment to Air Mail Centre construction contactor and how the centre’s container storage and retrieval system has never been used to store mail, as well as how millions of dollars worth of other equipment, purchased with taxpayers money based on a consultant’s recommendation, have been left idle.
“We are here to call a spade a spade, and we will not hesitate to expose any such issue that is brought to our notice by our loyal readers worldwide, who account for an average of more than 2 million hits per month at our tri-lingual transport logistics website – www.gctl8.com ,” said Ms. Jenny Koh, publisher of Insights Magazine, produced by the Hong Kong-based Focus Group.
Full details of the Air Mail scandal, which were quietly swept under the carpet by the Hong Kong government last year, including retiring the then Post Master General without any notice or publicity, gives an insight into how issues, considered negative or sensitive to the people in power, are handled by authorities in Hong Kong.
Insights magazine editor Wong Joon San, formerly editor of South China Morning Post’s Freight & Shipping Post and also writers for several trade magazines specialized in the transport logistics industry, said Insights, which will be distributed to transport logistics and supply chain management executives and any interested parties, is expected to gain recognition in China, when its Chinese version is published in the near future.
The online Insights Magazine comes in a user-friendly format, and will be published once every six weeks. Printed version will be supplied to a reader upon request, provided the reader bears the printing and postage costs. It is believed to be the first transport logistics publication in the world to adopt such a presentation feature.
To attract readers, the magazine features in-depth articles like “China’s Logistics Development Update” by logistics industry veteran Mark Millar, managing director of M Power Associates, and other well-known industry professionals. It also includes exclusive interviews with various industry experts about their activities in China.
Between now and the launch of the six-month long Shanghai World Expo 2010 on May 1, 2010, Insights Magazine will also be involved in providing advance publicity in the run-up to the expo – the biggest ever in the world - as an alliance partner with the English-language Shanghai Daily newspaper, one of the leading newspapers in China's foremost international city, Shanghai.
Insights Magazine and GCTL8.com, will offer full support to Shanghai Daily, to produce supplements related to transport, logistics and supply chain management companies’ activities related to the Shanghai World Expo, which has confirmed participants from more than 240 countries and international organizations. The expo is expected to attract about 70 million visitors.
In the next issue of Insights Magazine, Shanghai-based China Europe International Business School’s Research Associate (CEIBS), Dr. Martin Lockström, C.P.M., offers an article “Taming the Dragon: Future Competitiveness of China Sourcing”.
About Focus Group:
Established in 1995, the Focus Group operated as A&J Studio Ltd, and has subsequently operated as FocusAsia Media Ltd since the year 2000. The Focus Group, whose core businesses include Editorial Services, Research and PR Consultancy and Communications, operates the Transport Logistics web portal – http://www.gctl8.com – and Insights Magazine. The news web portal, which was started operations in 1995, is in its fifth year of operations. It records an average of over 2 million hits monthly and its daily email newsletter reaches about 40,000 subscribers.
China Europe International Business School’s Research Associate (CEIBS) is the leading China-based international business school, with all three programmes ranked in the global Top 30 by the Financial Times. The school’s main objective is to contribute to the economic development of China by offering its students a thorough understanding of the latest international management knowledge and practices coupled with clear China expertise. CEIBS was established on November 8, 1994 in Shanghai. Based on its own campus in the Pudong district of Shanghai, the school is a not-for-profit joint venture established under an agreement between MOFTEC and the European Commission.