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HKSTP Tech Companies Shine at GITEX Asia 2025 in Singapore

i2Cool won First Place at the Supernova Pitch Challenge HONG KONG SAR - Media OutReach Newswire - 29 April 2025 - Hong Kong Science and Technology Parks Corporation (HKSTP) has triumphantly wrapped up its high-impact delegation to GITEX Asia 2025 (GITEX Asia) in Singapore, highlighted by park company i2Cool Limited (i2Cool) won first place at the prestigious Supernova Pitch Competition in AI Everything Abu Dhabi Award. HKSTP led a delegation of 15 innovative tech companies to exhibit at the HKSTP Pavilion, showcasing I&T achievements across three major innovation categories: AI, Telecommunications, and Green and Construction. The exhilarating three-day GITEX Asia served as an international platform on which HKSTP tech companies could shine. At the HKSTP Pavilion, 15 of HKSTP's tech companies showcased market-ready breakthroughs spanning AI, telecommunications, green technologies, and construction tech to a global audience representing more than 60 cou ...read more

PAObank Announces FY2024 Annual Results Achieves Record-Breaking Performance Amplifies Resources to Expand Retail Banki ...

Loan Assets Reach a Record High of HK$3.13 billion Customer Deposits Have Significant Growth of 74% Net Interest Income Surged 70% to over HK$130 million In 2024, PAObank achieved outstanding performance across key operational indicators, with net interest income increasing significantly by 70% year-on-year to over HK$130 million. Dedicated to empowering SMEs, PAObank remains committed to supporting their upgrade and transformation. In 2024, total loans and advances to customers sustained an upward trend to over HK$3.13 billion, representing a year-on-year increase of 49%. PAObank became a subsidiary of Lufax Holding Ltd., embarking on a new business strategy. PAObank is further expanding its retail banking services. The Bank offers attractive deposit interest rates by passing cost savings on to individual customers, total customer deposits for the year have increased significantly by 74% to HK$4.35 billion. Following the launch of bancassurance produc ...read more

At the 137th Canton Fair: Suofeiya Expands Global Reach with Innovative Design & Quality Intelligent Manufacturing

GUANGZHOU, CHINA - Media OutReach Newswire - 29 April 2025 - Amidst a profound reshuffling of the global manufacturing landscape, China's manufacturing is marching towards "intelligent manufacturing in China" driven by innovation and intelligence, leading the world's industrial transformation. As the barometer of China's foreign trade, the 137th Canton Fair has attracted extensive attention from around the world. Numerous Chinese brands have showcased their advantages in innovative technology, premium quality and favorable cost, demonstrating China's status and influence in the global industrial chain. On April 23rd, the 2nd Phase of the 137th Canton Fair officially kicked off. It is the first time that the Canton Fair focuses on "Quality Home". For the global visitors and buyers, it provides a one-stop home product purchasing platform. For the exhibitors, it offers an opportunity to fully display the innovative achievements of China's building mate ...read more

Dusit Hotels and Resorts expands presence in Vietnam, opens luxury Dusit Le Palais Tu Hoa Hanoi on the banks of West Lak ...

Located in Hanoi's historic Tay Ho district, the hotel draws inspiration from the life of Princess T? Hoa and her enduring legacy of artistry, cultural exchange, and community upliftment.BANGKOK, THAILAND - Media OutReach Newswire - 29 April 2025 - Dusit Hotels and Resorts, the hotel arm of Dusit International, one of Thailand's leading hotel and property development companies, has announced the upcoming opening of Dusit Le Palais Tu Hoa Hanoi – a refined urban sanctuary set to welcome guests from 9 May 2025 in the heart of the Vietnamese capital. Set to open on 9 May 2025, Dusit Le Palais Tu Hoa Hanoi is located on the tranquil shores of West Lake. Marking Dusit's debut in Hanoi, and its second managed hotel in Vietnam following the success of Dusit Princess Moonrise Beach Resort Phu Quoc, the new property brings Dusit's signature Thai-inspired gracious hospitality to the tranquil shores of West Lake, offering an elegant blend of modern luxury and time ...read more

Changemakers Program Gains Traction as Hang Lung Partners with Tenants in Vibrant Sustainability Community

Enhanced Changemakers Program and LVMH Group collaboration drive momentum for shared ESG commitment HONG KONG SAR and SHANGHAI, CHINA - Media OutReach Newswire - 29 April 2025 - Hang Lung Properties Limited (SEHK stock code: 00101) (the "Company" or "Hang Lung") is scaling up its collaborative efforts with tenants in reducing energy use and waste, advancing circularity, and improving community wellbeing. Participants gathered at the Changemakers Tenant Sustainability Awards 2025 in Hong Kong, joining Hang Lung executives Mr. John Haffner, Deputy Director – Sustainability (third from the left in the front row), Miss Helen Lau, Deputy Director – Hong Kong Business Operation (fifth from the left in the front row) and guest speaker Prof. Loh (fourth from the left in the front row) Leading the industry shift towards shared responsibility for sustainability, Hang Lung fosters collaboration through its Changemakers: Tenant Partnerships on S ...read more

Renaissance College Hong Kong Students Design Iconic Hong Kong Tram in Collaboration with Tramplus

HONG KONG SAR - Media OutReach Newswire - 29 April 2025 - ESF Renaissance College Hong Kong (RCHK) is proud to announce an exciting collaboration with Tramplus, a sister company of HK Tramways, to redesign the interior and exterior of an iconic Hong Kong tram. This unique project showcases the opportunities connecting the exceptional talent of RCHK Visual Arts students and VA Scholars to provide them with a valuable chance to contribute to the city's vibrant cultural landscape. Hong Kong-inspired elements like Cantonese cuisine and landmarks, with reference to culture, like Chinese Opera, are part of a vibrant design that will be featured on a Hong Kong tram. This collaboration with Tramplus builds on RCHK's commitment to providing young artists with enriching opportunities in the Visual Arts, like the ESF-wide pioneering Photography Programme, as part of IB Career-related Programme (IBCP), or collaborations with street artists, which included mural painting with TAKA. RCHK is ...read more

Lulu Furniture Launches Custom Wardrobe Services to Meet Growing Demand in Singapore

SINGAPORE - Media OutReach Newswire - 29 April 2025 – Lulu Furniture, a trusted name in ready-made furniture in Singapore, is proud to announce the launch of its custom wardrobe services. Building on years of success with its popular ready-made wardrobes, Lulu Furniture is now expanding its offerings to meet the increasing demand for tailor-made wardrobe solutions in Singapore homes. Known for its commitment to quality, affordability, and modern aesthetics, Lulu Furniture has become a go-to destination for customers seeking stylish and functional home furnishings. The move into custom wardrobes marks a significant step forward for the company, reflecting its dedication to evolving with the needs of its customers. "Our ready-made wardrobes have consistently been among the top choices for Singaporean households," said a spokesperson from Lulu Furniture. "With more homeowners seeking personalised storage solutions that match their space and lifestyle, we believe our ...read more

Jollibee Group recognized anew with Gallup Exceptional Workplace Award

Jollibee Group remains the sole Philippine-based company to be recognized by the prestigious awardMANILA, PHILIPPINES - Media OutReach Newswire - 29 April 2025 - The Jollibee Group, one of the world's fastest-growing restaurant companies, has once again been recognized for its commitment to fostering a joyful workplace culture. For the fourth time, the company has received the Gallup Exceptional Workplace Award (GEWA)—a prestigious global recognition given to organizations that set the benchmark for employee engagement and performance. Jollibee Group remains the sole Philippine-based company to be recognized by the prestigious award Jollibee Group remains the only Philippine-based company to receive this honor, standing alongside a select group of organizations worldwide that have successfully embedded employee engagement as a core driver of their business strategy. "Our continued recognition as an employer of choice affirms what we've always belie ...read more

JustMarkets Launches Improved IB Program Focused on Transparency and Unlimited Growth

JAKARTA, INDONESIA - Media OutReach Newswire - 30 April 2025 - Global broker JustMarkets announces the official launch of its updated Introducing Broker (IB) program, which is designed to provide partners with higher returns, transparent terms, and unlimited growth potential, adapted to the current macroeconomic environment. JustMarkets Launches Improved IB Program JustMarkets continues to focus on partner success by introducing an updated IB program adapted to the demands of current market conditions. The expanded program eliminates outdated conditions such as the Minimum Trading Point (MTP) requirement. It also introduces a flexible percentage commission structure, offering partners up to 40% of the spread on all trading instruments, including gold, oil, forex, and digital assets. "JustMarkets believes that traders and partners should be at the center of all the innovations and services we introduce. The improved IB program is a powerful tool fo ...read more

AIA Singapore celebrates SG60 with a year of initiatives to empower holistic well-being across the nation

Aligned to the theme of “Building Our Singapore Together”, the efforts aim to make a meaningful impact on Singaporeans of all generationsSINGAPORE - Media OutReach Newswire - 30 April 2025 - AIA Singapore today announced a year-long line-up of initiatives designed to connect with Singaporeans across all ages, empowering individuals to enhance their holistic wellness. Aligned with nationwide celebrations, these initiatives also emphasise giving back to the community, reinforcing AIA Singapore's commitment to continue making a meaningful impact in Singapore and for its people. These initiatives include: Launching a customised "Live Better with AIA" Monopoly game set to empower individuals and families to embrace a holistic approach to life, focusing on physical, financial, and mental wellbeing. Rolling out a family-centric campaign to encourage Singaporeans to strengthen and secure their family's financial future. Partnering with Rainforest Wild ...read more

Goodme, China high-quality and cost-effective fresh fruit tea earns popularity among Japanese tourists

TOKYO, JAPAN - Media OutReach Newswire - 30 April 2025 - With the visa-free transit policy for Japanese tourists implemented by China at the end of 2024, as well as its high-quality yet low-cost consumption and geographical advantages, an increasing number of Japanese tourists have been attracted to China and it is integral part of their pleasure-seeking experience to eat, drink and be merry. Among them, healthy and delicious Chinese fresh fruit tea has become a must-have on the journey. As a Chinese freshly made tea beverage brand, Goodme has naturally become a classic try for Japanese tourists with its product strengths in quality-price performance and brand influence. On April 18, the A+ Cheese Grape Fruit Tea, one of the classics offered by Goodme as a Chinese freshly made tea beverage brand made its return, with the cumulative sales exceeding 230 million cups. The tea beverage made of seasonal grapes costs only RMB 20 yuan, equivalent to about 388 yen, in China, while a cup of ...read more

Singapore SMEs Hit by Record 8.47% Borrowing Costs and Shrinking Loan Access in 2024: Linkflow Capital Survey

New data shows sharp contraction in loan sizes, rising business cessations, and shifting lender dynamics as SMEs struggle with tighter financing conditions.SINGAPORE - Media OutReach Newswire - 30 April 2025 - Singapore's SMEs battled tighter financing conditions in 2024, with average borrowing costs rising to 8.47% per annum — the highest in recent years, even as loan sizes shrank and access to larger financing amounts dried up, according to Linkflow Capital's latest SME Financing Accessibility Survey. Drawing on data from over 2,216 unique users on its SME loan comparison platform, Linkflow Capital's research reveals a stark financing environment for SMEs: The survey also captured shifts among lenders. While local banks maintained the largest share (59%) of loan origination within Linkflow Capital's platform, foreign banks have significantly increased their share to 26% (up from 19%). Digital banks saw their loan share decrease more than half to 8% of loan originations (down fro ...read more

Gold's Path to $4,000: Macro Drivers, Market Sentiment, and Strategic Insight by global broker Octa

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 30 April 2025 - Gold has kept on rising almost uninterruptedly for most of 2025, recording a series of new all-time highs. Since October 2022, the metal's price has almost doubled, having risen by more than 25% in 2025 alone, hitting a fresh all-time high of $3,500 per ounce on April 22. A $4,000 price level, once dismissed as fantasy, is now openly being discussed on trading floors across the globe. Octa Broker examines the forces behind gold's remarkable rally — and what might come next. Geopolitical Tensions as the Main Catalyst The global environment in 2025 is anything but peaceful. The wars in the Middle East and Eastern Europe remain, and their long-term resolution still seems to be out of reach. The U.S.–China relations have taken a sharp downward turn. The latest installment of hostilities is being acted out in tariffs: the Trump administration has resumed a trade war footing, with China retaliating by raising tar ...read more

Oryon.net Launches Oryon Academy: Empowering Microsoft 365 Business Users

Why Owning Microsoft 365 Isn't Enough Anymore — Oryon Academy Teaches Businesses to Master ItSINGAPORE - Media OutReach Newswire - 30 April 2025 - Oryon.net, the largest Singapore web hosting provider and a leading Microsoft Solutions Partner, is proud to announce the launch of Oryon Academy — a dedicated learning platform designed to help Microsoft 365 Business customers unlock the full potential of their digital tools.? With over 25 years of experience supporting SMEs, government agencies, and enterprises, Oryon.net has long been recognized for its outstanding 24/7 support, seamless onboarding, and competitive pricing. The introduction of Oryon Academy marks a significant step forward in empowering clients to maximize their Microsoft 365 investment through structured, hands-on training. "Our mission has always been to simplify technology for businesses," said Ryan Chua, Managing Director at Oryon.net. "With Oryon Academy, we're taking that commitment furth ...read more

Vietnamese Student Exemplifies Growing Success of International Community at CUHK

HONG KONG SAR - Media OutReach Newswire - 30 April 2025 - The Chinese University of Hong Kong (CUHK) continues to attract top talent from Vietnam, as demonstrated by Ryan Le Minh Khue, a Year 3 student in the Integrated Bachelor of Business Administration (IBBAC) Programme. Coming from the prestigious Nguyen Hue High School for the Gifted in Hanoi, Ryan represents a growing trend of Vietnamese students choosing Hong Kong for their tertiary education. His decision to study at CUHK was influenced by the university's strong academic reputation and the generous scholarship opportunities offered by the government, university, and departments. Ryan addresses an audience of Vietnamese high school students and parents at the CUHK Admission Caravan in Hanoi, sharing insights about academic life and opportunities at The Chinese University of Hong Kong. Academic Excellence and Flexibility "When I was exploring my options, CUHK's IBBAC programme stood out ...read more

Backbase launches world's first AI-powered Banking Platform, putting banks back in Growth Mode

Industry pioneer redefines what a banking platform is in the era of AI, and delivers both the technology and talent to drive remarkable growthAMSTERDAM, NETHERLANDS - Media OutReach Newswire - 30 April 2025 - Today, Backbase announces a major industry shift: the launch of the world's first AI-powered Banking Platform, following the launch of its Intelligence Fabric in September 2024. Momentum accelerates with the release of its next-generation platform, purpose-built to accelerate growth and efficiency in banking by unifying two mission-critical domains: customer servicing and digital sales. This launch marks the next phase of Backbase's bold vision: putting bankers at the forefront of the AI revolution, fully equipped to drive sustainable, profitable growth. Built for unified sales and servicing In today's competitive landscape, banks can no longer afford to rely on passive digital channels and reactive workflows. Backbase's AI-powered Banking Platform enables banks to: ...read more

Galaxy Macau Celebrates 30 Years of China–Monaco Ties with the Spectacular 'Galaxy Music Gala: A Musical Journey from Mo ...

MACAU SAR - Media OutReach Newswire - 30 April 2025 - In celebration of the 30th anniversary of diplomatic relations between China and Monaco, Galaxy Macau™ proudly presents the "Galaxy Music Gala: A Musical Journey from Monaco to Macau". On May 21. This prestigious evening of classical music celebrates the deepening friendship between China and Monaco over the years with musical charm, further promoting exchanges and cooperation in cultural and other fields between Macau and Monaco, and contributing to establishing Macau as a platform for world-class cultural exchanges. The concert features the internationally acclaimed Monaco Zhangomusiq Concertmasters Orchestra, bringing together world-class musicians from Monaco and France under the distinguished direction of Zhang Zhang, offering the audience a magnificent musical feast. The Monaco Zhangomusiq Concertmasters Orchestra traces its origins to the Monaco Principality String Quartet, founded in 2001 as an ensemble ...read more

Schneider Electric advances in product environmental data transparency

Enabling customers to make better informed sustainability and business decisions 14 environmental data attributes now covering 70% of product turnover HONG KONG SAR - Media OutReach Newswire - 30 April 2025 - Schneider Electric, the leader in the digital transformation of energy management and automation, has launched its Environmental Data Program. This initiative, which builds on the legacy Green Premium label, provides customers with unique access to information on the environmental impact of its products, enabling them to make better informed, data-based decisions and meet evolving regulatory requirements with confidence. Schneider Electric has frequently been recognized as a leader in sustainability—including being named the world's most sustainable company by Time Magazine and Statista in 2024 and by Corporate Knights for the second time in January 2025. It is this commitment to environmental leadership and customers' growing demand for transparency th ...read more

L'Oréal Powers Up SkinCeuticals' eShop Growth with Appier's AI-Driven Advertising and Marketing Solutions

HONG KONG SAR - Media OutReach Newswire - 28 April 2025 - Appier, a leading AI-native AdTech and MarTech company, announced its successful collaboration with L'Oréal, which was recognized at the Loyalty & Engagement Awards Hong Kong 2025 in the “Best Use of Customer Insights/Data Analytics” category for the AI-powered transformation of SkinCeuticals' eShop. Appier's AI-driven solutions empower L'Oréal to accelerate SkinCeuticals' eShop growth. This award highlights the success of a full-funnel, data-driven strategy that delivered measurable business outcomes and set a new benchmark for AI applications in beauty e-commerce. In partnership with Omnicom Media Group (OMG) and powered by Appier's Ad Cloud and Personalization Cloud, L'Oréal significantly enhanced SkinCeuticals' marketing performance, achieving a 152% quarter-over-quarter increase in ROAS, a 400% uplift in CVR among hesitant users, and a 48% boost in total on-site revenue. "Appier hel ...read more

Where Bricks Bloom: Pacific Place Unveils Hong Kong's First LEGO® Botanical Garden

Step Into a Brick-Built Spring-Summer Wonderland Where Nature Blooms with ImaginationHONG KONG SAR - Media OutReach Newswire - 28 April 2025 - What if nature were reimagined in bricks? This Spring-Summer, Pacific Place invites you on a whimsical journey through Where Bricks Bloom — Hong Kong's first-ever LEGO® Botanical Garden, where floral splendour and artistic craftsmanship collide. Running from 24 April to 18 May, Garden Court at Pacific Place will transform into a celebration of the seasons, carpeted with intricate floral creations built from over 120,000 beloved LEGO® bricks and over 6,000 LEGO® flowers from the Botanical Collection. A Symphony of Bricks and Botanicals The spectacular displays of Where Bricks Bloom are brought to life by Andy Hung, the first LEGO® Certified Professional throughout the Greater China Region and the only one in Hong Kong, as well as Kirk Cheng, a floral artisan celebrated for his large-scale floral artworks across Asia. Together, they ...read more

iFLYTEK Debuts On-Prem LLM All-in-One Solution at GITEX ASIA 2025

SINGAPORE - Media OutReach Newswire - 28 April 2025 - On April 23, at the inaugural GITEX ASIA 2025 in Singapore, iFLYTEK made a grand entrance by unveiling its On-Prem LLM All-in-One Solution to global acclaim. This turnkey appliance is meticulously engineered for enterprises that demand robust levels of data sovereignty and bespoke AI capabilities, enabling organizations to train, fine-tune, and deploy large language models entirely within their own secured networks, without reliance on external cloud services. Responding to enterprises' need for both stringent data privacy and seamless customization, iFLYTEK's On-Prem LLM All-in-One Solution seamlessly integrates advanced hardware with a full-stack model-training platform. All compute and data management are fully contained within a secure on-premises environment, while multiple leading LLMs can be centrally deployed and orchestrated via an integrated pipeline that accelerates data preprocessing and model fine-tuning. Featu ...read more

Galaxy Macau Launches "Timeless Flavors of Macau" in Tributes to Local Culinary Heritage

A Symphony of Authentic Macanese Flavors and Luxury Dining ExperiencesMACAU SAR - Media OutReach Newswire - 28 April 2025 - Galaxy Macau™, a world-class luxurious integrated resort boasting over 120 dining offerings, is widely recognized as a gastronomic crossroads where global palates converge, presenting award-winning delicacies to guests from locals and global alike. Beyond its culinary diversity, the integrated resort turns its spotlight this season onto the launch of "Timeless Flavors of Macau," showcasing Galaxy Macau's commitment to supporting local SMEs, collaborating with time-honored Macanese brands to present a heartfelt tribute to the city's culinary legacy. All while underscoring its endeavors to preserving Macau's UNESCO Creative City of Gastronomy proivenance, while elevating the city's dining scene to greater heights. The culinary team at Waso Cafe have meticulously incorporated Pak Fa Fui's beloved nostalgic dishes and drinks for a limite ...read more

VinFast Announces 1Q25 Global Deliveries and Date for the Release of First Quarter 2025 Results

HANOI, VIETNAM - Media OutReach Newswire - 28 April 2025 - VinFast Auto Ltd. ("VinFast" or the "Company") today announced its preliminary vehicle deliveries for the first quarter of 2025. The Company delivered 36,330 electric vehicles ("EVs") globally in 1Q25, representing a 296% increase year-over-year. In the first quarter of 2025, deliveries of the VF 6 model increased by 453% compared to the same period in 2024. Notably, VF 5 (A-segment SUV) deliveries grew 153% year-over-year and VF 6 (B-segment SUV) deliveries grew 453% year-over-year. VF 3 (mini-SUV) and VF 5 accounted for 67% of total deliveries during the quarter, indicating strong market acceptance for VinFast's compact and agile urban vehicle lines. VinFast also announced it delivered 44,904 e-scooters and e-bikes in 1Q25, representing a 473% increase year-over-year. Madam Thuy Le, Chairwoman of VinFast, said: "Having established a resilien ...read more

Embrace the Summer Vibes at OZO Phuket: An Exceptional Andaman Escape Awaits

PHUKET, THAILAND - Media OutReach Newswire - 28 April 2025 - OZO Phuket is inviting guests to join them this summer for a memorable getaway filled with relaxation and vibrant experiences. Whether unwinding by the pool, exploring the island, or soaking up the lively atmosphere, OZO Phuket offers the perfect setting for a fun-filled escape. True to its spirited Unpack. Good. Vibes. philosophy, OZO Phuket is a playful sanctuary designed to spark joy. From laid-back lounging to colourful adventures, the fun begins the moment guests arrive. OZO Phuket is part of the OZO brand, a vibrant collection of lifestyle hotels under ONYX Hospitality Group — a leading hospitality company in Southeast Asia with a diverse portfolio of hotels, resorts, serviced apartments, and residences. Perfectly positioned in a lively spot, OZO Phuket is within easy reach of must-see attractions, including breathtaking natural landscapes, rich local culture, popular eateries, and bustling night markets. ...read more

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Alibaba Introduces Qwen3, Setting New Benchmark in Open-Source AI with Hybrid Reasoning

HANGZHOU, CHINA - Media OutReach Newswire - 29 April 2025 - Alibaba has launched Qwen3, the latest generation of its open-sourced large language model (LLM) family, setting a new benchmark for AI innovation. The Qwen3 series features six dense models and two Mixture-of-Experts (MoE) models, offering developers flexibility to build next-generation applications across mobile devices, smart glasses, autonomous vehicles, robotics and beyond. All Qwen3 models – including dense models (0.6B, 1.7B, 4B, 8B, 14B, and 32B parameters) and MoE models (30B with 3B active, and 235B with 22B active) – are now open sourced and available globally. Hybrid Reasoning Combining Thinking and Non-thinking Modes Qwen3 marks Alibaba's debut of hybrid reasoning models, combining traditional LLM capabilities with advanced, dynamic reasoning. Qwen3 models can seamlessly switch between thinking mode for complex, multi-step tasks such as mathematics, coding, and logical deduction and non-thinking mode for ...read more

Pulses 25: the most pivotal event in the Global Pulse industry to be held in Singapore on 20-22 May 2025

Organised by the Global Pulse Confederation, “Pulses 25” to set the global agenda for a resilient, sustainable food futureSINGAPORE - Media OutReach Newswire - 29 April 2025 - The Global Pulse Confederation (GPC) is set to host Pulses 25, the premier global gathering for the pulses industry, at the Fairmont Hotel, Singapore from 20 to 22 May 2025. Bringing together over 700 key industry players from across the globe, Pulses 25 will offer an unparalleled platform for stakeholders to exchange insights, discover emerging trends, and unlock strategic business opportunities in the fast-evolving global pulse trade. As the peak body representing the global pulses industry, GPC is at the forefront of driving sustainable production, consumption, and trade of pulses. With a membership spanning over 50 countries, GPC partners with global institutions like the Food and Agriculture Organization of the United Nations (FAO) and World Health Organization (WHO), advocating for pulses as a key dri ...read more

Octa Broker Analysis: Why the U.S. Dollar is Struggling Amid Global Trade Turmoil

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 29 April 2025 – The U.S. Dollar, the world's reserve currency and the ultimate safe-haven asset, is now the world's worst-performing major currency in 2025. Octa Broker explains why. The historical role of the U.S. dollar as the world's leading safe-haven currency is under threat. Despite rising macroeconomic uncertainty, investors are fleeing the U.S. dollar, defying conventional safe-haven flows. Greenback's rapid depreciation over the past weeks has fuelled speculation over the loss of confidence in its safe-haven status. With USDCHF trading news multi-year low, Octa Broker analyzes if we are in the midst of dramatic regime change in markets and explains why the U.S. dollar is struggling amid global trade turmoil. The U.S. dollar (USD), the buck or the greenback, as it is often informally referred to, has long occupied a rather exclusive position in global finance. Ever since the end of World War II and the establishment ...read more

Arrow Electronics Empowers Xeleqt with AIoT Technologies Adoption to Boost Workforce Productivity and Worksite Operation ...

MANILA, PHILIPPINES - Media OutReach Newswire - 29 April 2025 - Global technology solutions provider Arrow Electronics is providing engineering expertise and services to Xeleqt Technology Innovations Inc. (Xeleqt), a Philippines-based tech startup, for developing its AIoT (Artificial intelligence of things)-powered solutions and offerings to help optimize workforce productivity and engagement across retail, construction, utilities, and manufacturing industries. Arrow Electronics Empowers Xeleqt with AIoT Technologies Adoption to Boost Workforce Productivity and Worksite Operations in the Philippines Powered by advanced electronic components and AI algorithms, Xeleqt's AIoT devices and systems can help streamline workflows, digitize repetitive tasks, minimize human errors, and empower employees with real-time analytics for optimizing workforce management. Companies are increasingly combining the power of AI and the Internet of Things (IoT) to create sm ...read more

UNDP and Trigger Team Up to Supercharge SDG Startups and Businesses with Smarter Investment and Support

SINGAPORE - Media OutReach Newswire - 29 April 2025 - The United Nations Development Programme (UNDP) and Trigger Asset Management (Trigger) have launched a landmark partnership aimed at unlocking capital and strengthening support for startups and businesses advancing the Sustainable Development Goals (SDGs). This collaboration brings together UNDP's global innovation and finance expertise with Trigger's strength in sustainable and scalable investment solutions. Led by UNDP's Alternative Finance Lab (AltFinLab), the initiative called "'Origin" will enhance the efficiency, transparency, and accessibility of impact investment opportunities for mission-driven startups and businesses, particularly those nurtured by UNDP's accelerator programmes. Based in Singapore, Trigger is a leading investment management firm committed to building impact-oriented financial ecosystems to tackle global challenges from climate action and poverty reduction to health and education. ...read more

SWAS Announces SESA AWARDS 2025 – 2026: Recognizing Excellence In Beauty & Wellness

SINGAPORE - Media OutReach Newswire - 29 April 2025 - The Specialists in Wellness Association Singapore (SWAS) is proud to announce the launch of the SESA Awards 2025 – 2026, taking place on 8 July 2025. The awards continue the association's tradition of recognizing outstanding achievement in the wellness, beauty, and complementary therapy sectors. Registration for this prestigious event is now open: https://awards.swas.sg/ For the first time, the SESA Awards 2025 – 2026 are open to regional businesses and professionals in the wellness, beauty, and complementary therapy industries. This exciting opportunity allows top-tier service providers from across the region to showcase their expertise, elevate their recognition, and gain exposure to a broader audience. Whether the company is based in Southeast Asia or beyond, participation is encouraged to celebrate excellence, professionalism, and innovation. With regional participation, the SESA Awards continues to set the standard for se ...read more

Summer Bliss Awaits at OZO North Pattaya: Fresh Vibes, Big Smiles

PATTAYA, THAILAND - Media OutReach Newswire - 29 April 2025 - OZO North Pattaya, the vibrant beachside escape in the heart of Pattaya, is the ultimate destination for fun-filled, feel-good experiences this season. True to its name, OZO brings a smile with every stay — this dynamic lifestyle hotel brand is all about delivering endless joy and wide smiles through its signature concept: Unpack. Good. Vibes. From the moment of arrival, the experience comes alive — especially during the vibrant summer season. Every stay at OZO North Pattaya is filled with colour, energy, and unforgettable memories. OZO North Pattaya is a vibrant lifestyle hotel by ONYX Hospitality Group, a leading name in Southeast Asia's hospitality scene, known for its portfolio of hotels, resorts, serviced apartments, and residences. Positioned in the upper-midscale segment, the hotel offers a bright, cheerful environment designed to spark joy and encourage self-expression — a dynamic space where gue ...read more

FBS Continues to Lead with Asia's Best Mobile App and IB Program

SINGAPORE - Media OutReach Newswire - 29 April 2025 - FBS, a leading global broker, proudly announces its latest achievements: Best Mobile Trading App Asia 2025 and Best IB Program Asia 2025, awarded by International Business Magazine. FBS Continues to Lead with Asia's Best Mobile App and IB Program The trading app that empowers FBS has long prioritized providing clients with powerful, intuitive tools. Its award-winning mobile app is proof of that dedication. Designed to meet the needs of traders of all experience levels, the FBS app is a smart, secure, and simple solution for trading on the go. With real-time charts powered by TradingView, over 550 trading instruments, simplified deposits and withdrawals, and fast order execution, the app makes trading efficient and accessible anytime, anywhere. Customizable charts, 24/7 in-app support, and strong data protection provide a seamless user experience. Whether clients are opening a hot trade or an ...read more

Asia Pacific's AI Ambitions Hinge on Next-Generation Networks, Reveals IDC Report

SINGAPORE - Media OutReach Newswire - 29 April 2025 – A new IDC InfoBrief* commissioned by Expereo shows Asia Pacific (APAC) businesses pursuing artificial intelligence (AI) strategies are facing a critical turning point. The IDC InfoBrief, sponsored by Expereo, "Enterprise Horizons 2025: Technology Leaders Priorities: Achieving Digital Agility", highlights that limitations in current network infrastructure are a significant barrier to realizing AI's transformative potential in the region. However, these findings also present an opportunity for APAC organizations as they strive to maintain their competitive edge in the AI-driven economy. This IDC InfoBrief, based on a survey of 650 technology leaders across Europe, the US and APAC, opens with a striking finding: Networking/Connectivity has emerged as the top technology priority for APAC organizations, with 43% of those surveyed planning increased investment in this area over the next 12 months. This surge in network inves ...read more

Aice Strengthens Regional Leadership and Accelerates International Expansion

HONG KONG SAR - Media OutReach Newswire - 28 April 2025 - In early 2025, Aice, a leading ice cream brand in Southeast Asia, attracted significant attention from global investors following a new round of investment from major shareholders, including China Mengniu Dairy Group – its controlling shareholder. This capital injection is widely viewed as providing both financial and strategic support for Aice's rapid expansion across Southeast Asia and other new international markets. Strategic Market Positioning: From Indonesian Launch to Regional Leadership Since its overseas launch in 2015, Aice has rapidly established itself as a pioneer in Southeast Asia's ice cream industry. With annual revenues exceeding RMB3 billion, Aice now holds the leading market share in Indonesia, ranks second in the Philippines, and continues to strengthen its position in Vietnam. Aice's success is rooted in its precise regional market strategy. Following extensive market research, Aice identified Indones ...read more

Driving Mobile Growth: GSMA Advocates for Policy Reforms to Enhance Investment in MENA

Vodafone Egypt Partners with GSMA to Propel Mobile Investment and Policy Changes in MENA; New Report Highlights Five Key Reforms to Expedite 5G Deployment and Digital Transformation in the Region CAIRO, EGYPT - Media OutReach Newswire - 28 April 2025 – Policymakers and regulators across the Middle East and North Africa (MENA) risk missing out on significant economic growth driven by mobile technology unless urgent policy reforms are enacted, according to a new GSMA report presented today at a high-level CxO and policy roundtables hosted by Vodafone Egypt in Cairo. The report, Igniting Mobile Investment in MENA, takes a closer look at how well countries in the region are set up to improve and expand their mobile networks. It highlights key strengths and problem areas in current policies, offering practical ideas to help unlock more investment and enhance mobile access for everyone. With the mobile sector projected to contribute over $200 billion to MENA's GDP by 2030, the stakes are ...read more

New Look, New Record: KLN Rebrands

Supporting UNICEF HK with 286-Child Coin Toss for The GUINNESS WORLD RECORDS™ AttemptHONG KONG SAR - Media OutReach Newswire - 27 April 2025 - KLN Logistics Group Limited ("KLN"; Stock Code 0636.HK) today announced the official launch of its rebranding initiative with a grand event held at its Hong Kong Headquarters. 286 children from various schools across Hong Kong collaborated to attempt the GUINNESS WORLD RECORDS TM Title for "Most People Playing Heads or Tails Simultaneously". The children learned about the history of coins and Hong Kong's development before using the coins to decorate a special sculpture, demonstrating KLN's commitment to supporting Hong Kong Committee for UNICEF ("UNICEF HK"), reflecting its international presence and dedication to diversity and inclusion. From left: GUINNESS WORLD RECORDS™ Official Adjudicator; Vic Cheung, Executive Director and Chief Executive Officer of KLN; Judy Chen, Chairman of UNICEF HK; ...read more

Canada Brand Harlow Blend Launches Unique Cat Food Series

Featuring Expert-Formulated Cat Food Recipes with Over 28 Years of Nutritional ExperienceHONG KONG SAR - Media OutReach Newswire - 28 April 2025 - Harlow Blend Cat Food Series is specifically designed to meet the unique nutritional needs of cats. The Harlow Blend cat food series includes a variety of flavours, all sourced from Canada, featuring flavors such as chicken & salmon, turkey, and ocean fish. Made with high-quality natural ingredients, it ensures that cats absorb every bit of nutrition in each bite. The OO1-OO8 series of canned cat food addresses various needs including fur health, digestion, urinary system support, inflammation, joint care, and kitten growth, offering multiple options. Canada Brand Harlow Blend Launches Unique Cat Food Series Featuring Expert-Formulated Cat Food Recipes with Over 28 Years of Nutritional Experience The formula of Harlow Blend contains insoluble fiber and natural prebiotics to promote digestion and ensure opti ...read more

THAI Airways Bolsters the Role of Nordic–Asia Pacific Connectivity Hub to Celebrate 120 Years of Thai–Norwegian Diplomat ...

BANGKOK, THAILAND - Media OutReach Newswire - 28 April 2025 - Thai Airways International Public Company Limited (THAI) moves forward to elevate its strategic role as a Nordic–Asia Pacific aviation hub with daily non-stop flights between Bangkok and Oslo. Thai Airways proudly provides world-class full-service travel experiences for business travelers, tourists, and Nordic residents alike—ensuring convenience and comfort throughout the flight. Seamless daily flights between Oslo and Bangkok: Your gateway to the Nordic-Asia Pacific region. The daily Bangkok–Oslo direct flight serves as a central link between Nordic and Asia-Pacific regions, enabling travelers to smoothly connect from Oslo to key Scandinavian cities, including Stockholm, Helsinki, Iceland, and Copenhagen. Likewise, this route also allows passengers to conveniently transit through Bangkok to access major Asia-Pacific destinations such as Tokyo, Seoul, Taipei, Singapore, Sydney, Melbourne, Ho ...read more

Information that empowers: Octa broker on the importance of transparency

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 28 April 2025 - When managing personal finances, any lack of communication or transparency on the part of the service provider is annoying and nerve-wracking for the client, inevitably leading to mistrust and confusion. Efficient communication and transparency are especially vital in e-brokerage services, where traders put in significant time and effort to achieve positive results. What issues can traders face if their broker hasn't provided all the necessary information upfront? What are the industry benchmarks in terms of brokers' transparency? Octa, a regulated and trusted broker founded in 2011, breaks down the issue of transparency in trader-broker relationships. The issue of transparency Non-disclosure of important information by service providers can significantly harm clients, often leading to financial loss and poor decision-making. When key facts are withheld or not communicated clearly enough, clients are ...read more

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