Hong Kong SAR, China, Aug. 27, 2020 –
Student entrepreneurs of Pasiadot from Guam won the FedEx Global Possibilities Award at the 2020 Junior Achievement (JA) Asia Pacific Company of the Year Competition. Sponsored by FedEx Express (FedEx), the world’s largest express transportation company, the FedEx Global Possibilities Award celebrates the next generation of innovators and this program plays an important role in developing the entrepreneurial spirit of young people.
Each year, the award goes to the team whose business idea is driven by innovation, provides connectivity to new markets and drives community development, along with sustainability and social responsibility. Pasiadot Team impressed the judges with their outstanding idea for a culturally represented set of reusable utensils made from bamboo that are designed to be used during travel. Each set comes with four utensils and a straw to meet basic culinary needs.
Alongside the FedEx Global Possibilities Award, the winners of 2020 Junior Achievement (JA) Asia Pacific Company of the Year Competition were announced. Team Revival from Singapore took the first place for their multi-functional bag made from repurposed banners, making each one unique and water resistant. Team Emi Student Company from Indonesia came in second with their versatile jacket that features a multitude
of storage pockets and transforms into a bag while third place went to Team BruFiniti from Brunei , who produced a matching card game called “BAH” that teaches the community and tourists about local culture.
Originally scheduled for March 2020 in Guam, this year’s competition was postponed due to the COVID-19 pandemic. The format of this annual program was transformed and held completely online for the first time in order to continue FedEx commitment to inspire students and provide them with learning opportunities.
“The competition and the FedEx Global Possibilities Award continues to be a great platform to inspire and nurture our next generation of entrepreneurs. It’s truly rewarding to see how this program offers firsthand experience of world trade and the fundamentals of entrepreneurship to young talented minds across Asia Pacific,” said Kawal Preet, president, FedEx Asia Pacific, Middle East and Africa (AMEA) region. “In these disruptive times, it is critically important that we adopt different ways to support and educate our future business
leaders through this virtual competition.”
Launched in 2011, the 2020 Junior Achievement (JA) Asia Pacific Company of the Year Competition aims to equip high school students with the capabilities to organize and operate an actual business by providing basic economic education and business skills. The competition this year invited 17 student companies representing 11 markets (Brunei, China, Guam, Hong Kong, India, Indonesia, South Korea, Malaysia, the Philippines, Singapore and Turkmenistan) competing for the awards.
About FedEx Express
FedEx Express is the world’s largest express transportation company, providing fast and reliable delivery to more than 220 countries and territories. FedEx Express uses a global air-and-ground network to speed delivery of time-sensitive shipments, by a definite time and
date supported by a money-back guarantee.
About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with abroad portfolio of transportation, e-commerce and business services. With annual revenues Subject to relevant terms and conditions of $69 billion, the company offers integrated business solutions through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 500,000 team members to remain focused on safety, the highest ethical and professional standards and the needs of their customers and communities. To learn more about how FedEx connects people and possibilities around the world, please visit about.fedex.com.