หมวดหมู่: ACN Newswire

Global Sports Brand U.S. Polo Assn. Launches Menswear in Argentina

West Palm Beach, FL, May 15, 2025 - (ACN Newswire via SeaPRwire.com) - U.S. Polo Assn., the official brand of the United States Polo Association (USPA), is proud to announce its launch in the Argentine market alongside its brand partners Incom S.p.a. and Sur Pacifico S.A. This entry further enhances the multi-billion-dollar brand's global presence and expands U.S. Polo Assn.'s reach into another new and exciting market.U.S. Polo Assn.The global sports brand's presence in Argentina will focus on a territory steeped in history, where the sport of polo is not only widely celebrated but also deeply rooted in the local culture. U.S. Polo Assn. will commence with the launch of the men's collection in June 2025, featuring timeless styles such as polo shirts, woven shirts, t-shirts, trousers, jeans, knitwear, and jackets."Partnering with Incom S.p.a. and Sur Pacifico S.A. to bring the U.S. Polo Assn. brand to Argentina for the first time-a country with a profound polo legacy and amazing consumers-is a significant milestone," said J. Michael Prince, President and CEO of USPA Global, the company that manages and oversees the multi-billion-dollar global U.S. Polo Assn. brand. "This opportunity has the potential for U.S. Polo Assn. to be one of the most influential sport-inspired brands in the entire marketplace."Sur Pacifico S.A. is an Argentine company founded in 1985. With a solid business and brand background, it has established itself in the textile clothing market, initially focusing on men's and children's apparel and more recently expanding to women's fashion. Since 1992, Sur Pacifico S.A. has been the exclusive licensee of the Mistral brand, a Dutch-origin brand originally linked to water sports, particularly surfing. The company also manages two international brands, Brooksfield and Royal Einfield Apparel."We are thrilled to have found a strategic partner in Argentina, such as Sur Pacifico S.A., who aligns with our values, allowing us to bring the U.S. Polo Assn. brand to a market historically connected to the sport of polo," says Lorenzo Nencini, CEO of Incom. "This unique collaboration will allow us to reach new, passionate consumers and strengthen U.S. Polo Assn.'s authentic connection within the world of sports, creating a perfect synergy between the brand's heritage and the excellence of this discipline in Argentina."ABOUT U.S. POLO ASSN.U.S. Polo Assn. is the official brand of the United States Polo Association (USPA), the largest association of polo clubs and polo players in the United States, founded in 1890 and based at the USPA National Polo Center in Wellington, Florida. This year, U.S. Polo Assn. celebrates 135 years of sports inspiration alongside the USPA. With a multi-billion-dollar global footprint and worldwide distribution through more than 1,100 U.S. Polo Assn. retail stores as well as thousands of additional points of distribution, U.S. Polo Assn. offers apparel, accessories, and footwear for men, women, and children in more than 190 countries worldwide. Historic deals with ESPN in the United States and Star Sports in India now broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., making the thrilling sport accessible to millions of sports fans globally for the very first time.U.S. Polo Assn. has consistently been named one of the top global sports licensors in the world alongside the NFL, NBA, and MLB, according to License Global. In addition, the sport-inspired brand is being recognized internationally with awards for global and digital growth. Due to its tremendous success as a global brand, U.S. Polo Assn. has been featured in Forbes, Fortune, Modern Retail, and GQ as well as on Yahoo Finance and Bloomberg, among many other noteworthy media sources around the world.For more information, visit uspoloassnglobal.com and follow @uspoloassn.ABOUT INCOM S.P.A.Incom S.p.a., founded in Montecatini Terme (PT) in 1951, operates under license as the clothing division of the U.S. Polo Assn. brand and also produces and distributes important clothing brands worldwide. Additionally, Incom S.p.a. is one of the main suppliers of military and paramilitary clothing for the Italian State, providing both uniforms and technical apparel made with the special proprietary patent "Float" for floating garments. Since January 2008, Incom S.p.a. has been producing and distributing men's, women's, children's, underwear, and swimwear clothing under the U.S. Polo Assn. brand in Europe, with consistently growing sales results. For more information, visit www.incomitaly.com.Contact InformationPaola VaraniHUB PRESS OFFICEpaolavarani@hubcomm.netLaura VaraniHUB PRESS OFFICElauravarani@hubcomm.netStacey KovalskyVP, Global PR and Communications, USPA Globalskovalsky@uspagl.com+001.561.790.8036Alesia LanaMarketing & Communications, Incom S.p.a.a.lana@incomitaly.comCamilla DonatiHUB PRESS OFFICEcamilladonati@hubcomm.netSOURCE: U.S. Polo Assn. Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-05-16

International Medical and Healthcare Week Highlights Hong Kong’s Strengths in Medical and Innovation

- The 5th Asia Summit on Global Health launches new Silver Health Chapter, focusing on innovations in anti-ageing and enhancing healthcare for the elderly.- The 16th Hong Kong International Medical and Healthcare Fair serves as a comprehensive platform to foster global collaborations, attracting some 300 exhibitors to showcase cutting-edge medical technologies, gerontechnology and green solutions.HONG KONG, May 15, 2025 - (ACN Newswire via SeaPRwire.com) – The fourth International Healthcare Week (IHW), coordinated by the Hong Kong Trade Development Council (HKTDC), will take place from 26 May to 15 June. The IHW’s flagship events, the Asia Summit on Global Health (ASGH), jointly organised by the HKSAR Government and HKTDC, will be held at the Hong Kong Convention and Exhibition Centre (HKCEC) on 26 and 27 May while the Hong Kong International Medical and Healthcare Fair (Medical Fair), organised by the HKTDC and co-organised by the Hong Kong Medical and Healthcare Device Industries Association (HKMHDIA), will run concurrently from 26 to 28 May, highlighting Hong Kong’s position as a leading regional healthcare hub.Margaret Fong, Executive Director of the HKTDC, said: “As a global hub for medical innovation, Hong Kong serves as both a ‘super-connector’ and a ‘super value-adder’, driving regional collaboration to advance healthcare innovation and foster new quality productivity in biopharmaceutical technologies. At the same time, there are pressing global public health challenges, such as an ageing population and the rising prevalence of chronic diseases, which are intensifying healthcare demand. To address these challenges, the industry is actively embracing innovative technologies to upgrade and transform the healthcare sector. This year’s ASGH introduces a dedicated Silver Health Chapter, with both ASGH and the Medical Fair highlighting healthy ageing and elderly health innovations. The HKTDC will continue to serve as a platform for cross-sector collaboration supporting industry-academia-research partnership in fields including biotechnology, digital healthcare, and smart elderly wellness. We look forward to bringing together local and global experts, investors, enterprises, and institutions through ASGH and Medical Fair, injecting new vitality into the Asian healthcare industry and shaping the future of the medical sector.”Global expertise shapes the future of healthcareThemed Fostering Global Collaboration for a Shared Future, the 5th ASGH reaffirms Hong Kong’s pivotal role as a leading MedTech hub in the region. Through diverse elements such as the ASGH Business Hub, ASGH connects global healthcare innovators, investors, and project owners on a single platform, acting as a catalyst for potential partnerships. Government officials and organisations, research pioneers, investors, and business leaders from the global healthcare sector will also share insights on industry trends and explore collaboration opportunities among Hong Kong, Mainland China, and global enterprises in healthcare investment and innovation.Dr Peter K N Lam, Chairman of the HKTDC, will deliver welcome remarks, while John Lee, Chief Executive of the HKSAR will give opening remarks, and Prof Cao Xuetao, Vice-Minister of the National Health Commission of the People’s Republic of China, will give special remarks on the first day of ASGH.The first session of the ASGH Plenary Sessions will commence on the opening day and focus on building a more equitable and sustainable healthcare system and explore how innovative policymaking and strengthened international collaboration can foster healthcare systems that are both resilient and inclusive to address emerging global health challenges.  Prof Lo Chung-mau, HKSAR Government’s Secretary for Health, will deliver the special remarks and will be joined by an esteemed panel of speakers, including Prof Tsui Lap-chee, Chairman of the University of Hong Kong Foundation for Educational Development and Research; Prof Nancy Ip, President of the Hong Kong University of Science and Technology; Mr Frédéric Rimattei, Special Envoy for International Affairs of the President of French University Hospitals National Association; Dr Wu Xiaobin, Vice President of China Pharmaceutical Innovation and Research Development Association; and Mr Martin Taylor, Representative to China of World Health Organisation.At the second plenary, speakers will examine how global stakeholders can collaborate to navigate the current economic and healthcare innovation landscape while identifying new investment and market opportunities in the health sector. The session will be chaired by Mr Victor Chu, Chairman & CEO of First Eastern Investment Group, featuring Ambassador George Hara, Group Chairman and CEO of DEFTA Partners; Prof Ng Siew-chien, Croucher Professor in Medical Sciences and Associate Dean (Research) of Faculty of Medicine of the Chinese University of Hong Kong; Dr Hiroaki Ueno, Representative Director of Mitsubishi Tanabe Pharma Corporation and Dr Prem Kumar Nair, Group Chief Executive Officer of IHH Healthcare Berhad.During the Dialogue with Global Pioneer in Health session, Prof John Hardy, Chair of Molecular Biology of Neurological Disease of UCL Queen Square Institute of Neurology, will share his insights on his groundbreaking work on emerging therapeutic approaches to neurodegenerative diseases. Prof Hardy was awarded the Breakthrough Prize and received the Brain Prize for "groundbreaking research on the basis of Alzheimer's disease”.Inaugural Silver Health Chapter: Navigating ageing's challenges & opportunitiesAmidst the global demographic shift toward ageing populations, this year's ASGH proudly inaugurates a dedicated "Silver Health Chapter" aimed at critically examining the multifaceted challenges and transformative opportunities presented by ageing societies. On the second day, a session titled Surfing the Silver Tsunami: Advancements in Geriatrics and Longevity Technology, will bring together experts including Prof Jean Woo, Director of CUHK Jockey Club Institute of Ageing of the Chinese University of Hong Kong; Dr Donald Li, Chairman of Elderly Commission; Dr Alexandra Bause, Co-Founder & Venture Partner of Apollo Health Ventures; Mr Olivier Dessajan, General Manager of China Merchants Colisée; Prof James L. Kirkland, Director of Center for Advanced Gerotherapeutics of Cedars-Sinai; and Dr Sanja Tomovska, Founder and CEO of Quant Biomarkers. This distinguished assembly will present groundbreaking developments in geroscience, while critically evaluating emerging investment paradigms within the global longevity economy.On the same day, global industry leaders will convene for a dedicated session titled The Next Wave of Innovations in Neuroscience, examining cutting-edge advancements and emerging trends in neurological science, including novel therapeutic approaches for Parkinson's disease and related disorders. Concurrently, the InnoHealth Showcase will feature healthcare investment projects specifically designed to address the needs of ageing populations, presenting data-driven approaches to mitigate the challenges of demographic ageing.During ASGH, Ms Anita Ou, Managing Director and Head of Enterprise Banking of HSBC; Dr Kenneth Tsang, Regional Chief Executive Officer of IHH Healthcare North Asia and Chief Executive Officer of Gleneagles Hospital Hong Kong; Prof Zhang Weixiong, Associate Director of Academy for Interdisciplinary Research (PAIR) of The Hong Kong Polytechnic University; Dr Sarah Salvilla, Group Chief Health Officer of FWD Group, will share their insights on achieving "Healthy China 2030," the high quality development of the healthcare industry, data-driven healthcare, and new collaborative models for the healthcare sector. ASGH will also address trending topics in the healthcare industry, including the prospects of gene and cell therapies, women's health, the convergence of Chinese and Western medicine, cancer treatment, orphan drugs, and rare diseases.ASGH, in collaboration with the Hong Kong University of Science and Technology, will host two sessions under the overarching theme “Shaping the Future of Healthcare”. These sessions will focus on the potential of artificial intelligence in the medical field and how innovative technologies can drive breakthroughs in healthcare. Featured speakers include Dr Alex Ng, President of Tencent Healthcare; Prof Graham Cooke, Vice-Dean (Research) of the Faculty of Medicine of Imperial College London; Prof Chen Hao and Prof Bonnie Zhu, Assistant Professors of the Hong Kong University of Science and Technology.ASGH deal-making bridges investors and project ownersThe ASGH deal-making facilitates one-on-one meetings both online and offline, aiming to connect investors and projects in the healthcare sector from around the world to promote global collaborations. Participating investors represent a diverse range of backgrounds, including angel investors, venture capital, corporate venture capital, private equity, family offices and more. Investment interests span pharmaceuticals, medical devices and diagnostics, AI and digital health, and community health and wellness.The ASGH Business Hub features more than 170 innovative technology companies from 13 countries and regions, including dedicated pavilions from the mainland (Shanghai and Xiamen), Australia, and Thailand. The InnoHealth Showcase area highlights more than 70 healthcare start-ups and projects, many of which have received awards, and is led by the Innovation and Technology Commission in collaboration with six local universities and Cyberport.Medical Fair facilitates industry collaborationThemed as the Innovations Boosting Smart Health Experience, the 16th Medical Fair will be held from 26 to 28 May, and welcomes some 300 exhibitors from 13 countries and regions. In addition to pavilions and exhibitors from Hong Kong, Mainland China, Taiwan, Japan, Korea and Hungary, there are also pavilions from Israel, Thailand, and the United Kingdom participating for the first time, along with debut exhibitors from Germany, Italy, Luxembourg and Singapore..The Medical Fair serves as an excellent platform for professionals worldwide, encompassing research and development institutions, manufacturers, public healthcare organisations, hospitals, clinics, distributors, and healthcare practitioners. This event facilitates the establishment of global business connections and provides valuable insights into the latest trends in the healthcare industry. The exhibition features the HKMHDIA Pavilion, as well as Biotechnology, Hospital Equipment, Rehabilitation and Elderly Care Products, and Startup zones.This year's Medical Fair highlights three major areas: cutting-edge medical technologies, gerontechnology, and green solutions, featuring the latest medical health devices, products, and applications, with a particular emphasis on medical diagnostics, innovations in smart hospitals, and digital health solutions.One exhibitor will showcase a solution that uses advanced computer vision and artificial intelligence to analyse data from patients with facial paralysis and swallowing difficulties. By matching patients with the most suitable rehabilitation programmes from a database of more than 400 training exercises, the solution provides therapists personalised treatment suggestions to refine and adopt. Another exhibitor introduces medical-grade digital therapy solutions for cognitive impairments, leveraging AI to assess patient conditions and deliver customised rehabilitation programs. Further innovations include a handheld medical device for cervical examinations, which analyses cervical tissue to aid in the detection and prevention of preterm births.The Hong Kong Council of Social Service will make its inaugural participation at the Medical Fair, presenting age-friendly technologies and products including rehabilitation and mobility aids, cognitive impairment support systems, and smart home innovations. Additionally, other exhibitors will showcase sustainable products, such as eco-conscious eating bibs crafted from recycled plastic bottles and biodegradable medical trays.The Medical Fair features a strong line-up of leading research and academic institutions, including seven local universities, over 30 innovative technology companies at the Hong Kong Science and Technology Parks Corporation (HKSTP) pavilion, and more than 20 medical enterprises brought by the Hong Kong Medical and Healthcare Device Industries Association (HKMHDIA). The event will actively promote innovation and collaboration across government, industry, academia, research and investment sectors.Multiple activities will be held during the Medical Fair to help industry professionals expand their knowledge of the latest market information. The HKMHDIA Medical Fair Forum themed “The MedTech Nexus of the Greater Bay Area” features industry experts sharing their insights on topics such as intellectual property protection strategies for biomedical innovation, cross-border financial solutions for medical enterprises, the development of cross-border health data, and successful experiences in promoting medical technology in the Greater Bay Area. “The Latest Development of Regulatory Collaboration on Medical Devices in the Greater Bay Area” seminar will bring together representatives from the Greater Bay Area Center for Medical Device Evaluation and Inspection of the National Medical Products Administration, the Department of Health, and industry leaders to discuss the latest developments, administrative systems, and regulations.Using the HKTDC EXHIBITION+ hybrid model, the physical fair from 26 to 28 May is complemented by the Click2Match smart business matching platform, via which buyers can extend their sourcing journey from 19 May to 4 June.Aside from ASGH and the Medical Fair, IHW also features the Hospital Authority Convention, among many other industry events.Asia Summit on Global HealthDate26-27 May 2025 (Monday to Tuesday)TimeThe Opening Session will begin at 10:00 am on 26 MayVenueHong Kong Convention and Exhibition Centre (HKCEC) Hall 5FGHong Kong International Medical and Healthcare FairDate26-28 May 2025 (Monday to Wednesday)VenueHong Kong Convention and Exhibition Centre (HKCEC) Hall 3FGPhoto download: https://bit.ly/3F1aoFpThe Asia Summit on Global Health held last year was a great successProf John Hardy, Chair of Molecular Biology of Neurological Disease of UCL Queen Square Institute of Neurology, is one of the featured keynote speakers at the Asia Summit on Global HealthThe ASGH Business Hub features more than 170 innovative technology companies, including more than 70 healthcare start-ups and projects led by the Innovation and Technology Commission, Cyberport, and six local universities, many of which have received awardsThis year’s Hong Kong International Medical and Healthcare Fair has attracted some 300 exhibitors from 13 countries and regions. The Medical Fair marks the debut participation of exhibitors from Singapore, Germany, Italy and Luxembourg, as well as debut pavilions from Israel, Thailand, and the United Kingdom. The picture shows the bustling scene from the Fair last yearThis year’s Medical Fair features the HKMHDIA Pavilion, as well as Biotechnology, Hospital Equipment, Rehabilitation and Elderly Care Products, and Startup zonesWebsitesInternational Healthcare Week: https://internationalhealthcareweek.hktdc.com/enAsia Summit On Global Health: https://www.asiasummitglobalhealth.com/conference/asgh/enProgramme: https://www.asiasummitglobalhealth.com/conference/asgh/en/programmeSpeakers: https://www.asiasummitglobalhealth.com/conference/asgh/en/speakerHong Kong International Medical and Healthcare Fair:https://www.hktdc.com/event/hkmedicalfair/enList of products: https://www.hktdc.com/event/hkmedicalfair/en/productActivity schedule: https://www.hktdc.com/event/hkmedicalfair/en/intelligence-hubMembers of the media interested in interviewing ASGH speakers, please send requests to tleung@yuantung.com.hk on or before 20 May 2025Media enquiriesFor enquiries, please contact Yuan Tung Financial Relations Limited:Louise SongTel: (852) 3428 5691Email: lsong@yuantung.com.hkTiffany LeungTel: (852) 3428 2361Email: tleung@yuantung.com.hkHKTDC’s Communications & Public Affairs Department:Asia Summit on Global HealthSharon HaTel: (852) 2584 4575Email: sharon.mt.ha@hktdc.orgKaty WongTel: (852) 2584 4524Email: katy.ky.wong@hktdc.orgJane CheungTel: (852) 2584 4137Email: jane.mh.cheung@hktdc.orgHong Kong International Medical and Healthcare FairKelly ShekTel: (852) 2584 4537Email: kelly.yt.shek@hktdc.orgClayton LauwTel: (852) 2584 4472Email: clayton.y.lauw@hktdc.orgMedia Room: http://mediaroom.hktdc.comAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus.  Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-05-15

Quotient Capital’s Strategic Outlook for 2025

MELBOURNE, May 14, 2025 - (ACN Newswire via SeaPRwire.com) - With geopolitical tensions, inflation uncertainty, and global capital flows still shifting in response to the Trump administration's renewed sanctions, fixed income continues to emerge as the strategic asset class for long-term investors. Quotient Capital Pty Ltd has released its 2025 mid-year outlook, showcasing how Australian fixed income is delivering security, stability, and consistent real returns in a turbulent global environment.Australian Fixed Income: A Beacon of Stability in Volatile MarketsGlobal markets have been shaken by widespread sanctions introduced by the second Trump administration, prompting turbulence across equities, commodities, and even traditional safe havens. Yet Australia's fixed income market remains a pillar of strength.The Reserve Bank of Australia (RBA) forecasts inflation to moderate toward the 2-3% target range by late 2025. Coupled with Australia's sound credit environment, strong institutional frameworks, and fiscal stability, this positions the domestic bond market as one of the most attractive globally.Key research insights from Quotient Capital include:Australian private credit grew by 14% year-on-year (2024-2025).Domestic corporate bond issuance surged 22% in Q1 2025.Liquidity across the investment-grade bond market is at its strongest in over a decade."Fixed income is no longer just a defensive allocation - it's a proactive, yield-focused wealth strategy," said Tom McCallister, Senior Fixed Income Advisor at Quotient Capital."In this cycle, investors are demanding capital protection, income certainty, and inflation resilience - and Australian bonds deliver all three."Geopolitical Shifts and Global Capital ReallocationThe global ripple effects of U.S. sanctions have disrupted cross-border capital flows and credit availability across multiple regions - driving a recalibration among asset allocators.Australia is benefitting as a preferred destination for investors seeking:Political neutralityRobust regulatory governanceHigh-grade credit assets"Private wealth, family offices, and institutions are reallocating to Australia with growing conviction," said James Harrington, Senior Fixed Income Advisor at Quotient Capital."We offer a unique mix of economic resilience and institutional-grade product access, which is proving incredibly attractive."Bringing Institutional Access to Private InvestorsQuotient Capital bridges the gap between institutional-grade opportunities and private capital - making it possible for high-net-worth individuals and SMSFs to access premium fixed income products, previously restricted to larger funds.Tailored solutions include:Infrastructure-linked debt instrumentsInflation-linked corporate bond portfoliosPrivate credit notes focused on essential service sectorsAll offerings are underpinned by detailed credit analysis, transparent structuring, and clear maturity horizons. Minimum investments typically start at $50,000 AUD.Strategic Outlook: Where the Smart Capital Is Going in 2025Continued demand for floating-rate notes (FRNs) as inflation hedgesGrowth in infrastructure and essential services-backed bondsRising private investor flows into corporate and hybrid debt marketsSMSFs and family offices driving long-term allocations toward predictable yield strategies"In today's macro climate, fixed income isn't a side allocation anymore - it's the core of the modern portfolio," McCallister adds.About Quotient CapitalQuotient Capital Pty Ltd is a privately-owned wealth advisory firm based in Melbourne, Australia. Specialising in fixed income and private market strategies, the firm empowers sophisticated investors - including SMSFs, family offices, and high-net-worth individuals - with direct access to institutional-grade opportunities backed by deep research, transparency, and personalised advisory.Office Address:Collins Square Tower 5, 727 Collins Street, Melbourne VIC 3008Phone: +61 3 9111 2441Email: info@quotient-capital.comWebsite: www.quotient-capital.comMedia ContactFor interviews, commentary, or speaker engagements on global fixed income, Australian credit markets, or private debt access:Media Enquiries: pr@quotient-capital.comPhone: +61 3 9111 2441SOURCE: Quotient Capital Pty Ltd Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-05-15

Business delegation concludes Middle East mission in Kuwait

- A delegation led by Mr John Lee, Chief Executive of the Hong Kong Special Administrative Region, visited Kuwait as part of a broader high-level visit to the Middle East- The delegation explored the Middle Eastern market and supported high-quality Belt and Road cooperation while promoting Hong Kong’s unique role as a superconnector and super value-adder- A total of 59 MoUs and announcements were facilitated during the mission, cultivating deeper partnerships between Hong Kong, the mainland, Qatar, and KuwaitKuwait City, Kuwait, May 14, 2025 - (ACN Newswire via SeaPRwire.com) – A business delegation led by Mr John Lee, Chief Executive of the Hong Kong Special Administrative Region (HKSAR), and organised by the Hong Kong Trade Development Council (HKTDC) visited Kuwait City on 12-15 May, successfully concluding a five-day mission to Qatar and Kuwait.A total of 59 MoUs and announcements were facilitated during the mission with the aim to cultivate deeper partnerships and create new opportunities for synergy between Hong Kong, the mainland, Qatar, Kuwait and the broader Middle Eastern market. The mission also successfully enhanced collaboration between Hong Kong and the mainland, enabling mainland companies to partner with Hong Kong businesses to expand into the Middle East and beyond.Over the past few days, the delegation, comprising over 50 business leaders from Hong Kong and enterprise representatives from seven mainland provinces and cities, explored the Middle Eastern market and supported high-quality Belt and Road cooperation while promoting Hong Kong’s unique role as a superconnector and super value-adder.During the visit to Kuwait, 24 memoranda of understanding (MoUs) and announcements were facilitated in trade and investment promotion, finance, law, transport and logistics, innovation and technology (I&T), agriculture, education and sport.The delegation met with senior executives and key members of the Kuwait Investment Authority (KIA), conglomerate Bukhamseen Group Holding and the Kuwait Chamber of Commerce and Industry (KCCI) to discuss investment opportunities and potential collaborations.The delegation also met with several representatives from the Kuwait Direct Investment Promotion Authority (KDIPA) to gain an in-depth understanding of the operations of Kuwait’s free trade zones. The meeting explored potential cooperation opportunities in areas such as logistics, manufacturing, distribution, and technology.The delegation visited the Sheikh Abdullah Al Salem Cultural Centre to gain a comprehensive overview of Kuwaiti history, culture and achievements.To foster cooperation, the Hong Kong Economic and Trade Office (HKETO) and Hong Kong Trade Development Council (HKTDC) organised a high-level business luncheon, which was attended by some 270 business leaders and key officials.Concluding the Middle East mission, Mr Lee said the delegation, comprising Hong Kong and mainland business leaders, had achieved three key objectives: 1. To strengthen government-to-government relations; 2. To find new areas of collaboration; and 3. To make friends, and expand networks. “Over the past four days, I have observed that both Qatar and Kuwait are experiencing rapid development, supported by substantial investment and continually expanding economies. In meetings with leaders and officials, I appreciated their forward-looking vision and understanding of Hong Kong’s unparalleled advantages under ‘one country, two systems’ as a bridge between the mainland and the world. As Middle Eastern countries seek diversification of risk and look for opportunities in China and the Hong Kong SAR to join the tide of the global economic shift towards the East, Hong Kong has boundless opportunities.”He pointed out that this visit will elevate the relationship between Hong Kong and Qatar and Kuwait to a new level, bringing more business opportunities to Hong Kong, and noted, “We will continue to strive to explore new opportunities and frontiers for Hong Kong.”Dr Peter K N Lam, Chairman of the HKTDC, said: “Over the past few days, we engaged in high-level government and business meetings, hosted business luncheons and visited key development projects in Qatar and Kuwait. We explored how Qatari and Kuwaiti businesses can leverage Hong Kong's advantages in finance, innovation and technology and professional services to advance intiatives in finance, energy transformation and smart infrastructure projects, contributing to the Qatar National Vision 2030 and Kuwait Vision 2035.”“Following the visits, the HKTDC will continue to invite business leaders from the Middle East to visit Hong Kong. We welcome them participating in our international events, such as the Belt and Road Summit and Asian Financial Forum to explore opportunities in Hong Kong, Mainland China and beyond,” Dr Lam added.24 MoUs and announcements were facilitated in Kuwait by the government and the following members of the delegation:1.Invest Hong Kong and Kuwait Direct Investment Promotion Authority (KDIPA)2.Agriculture, Fisheries and Conservation Department and Marine Science Centre of Kuwait University (Announcement)3.Agriculture, Fisheries and Conservation Department and Public Authority of Agriculture Affairs and Fish Resources (Announcement)4.Hong Kong Customs and Excise Department and Kuwait General Administration of Customs (Announcement)5.Airport Authority Hong Kong (AAHK) and Kuwait Airways (Announcement)6.Belt and Road General Chamber of Commerce and Kuwait Chamber of Commerce & Industry (KCCI)7.Federation of Hong Kong Industries (FHKI) and Kuwait Chamber of Commerce & Industry (KCCI)8.Hong Kong General Chamber of Commerce (HKGCC) and Kuwait Chamber of Commerce & Industry (KCCI)9.Hong Kong Trade Development Council (HKTDC) and Kuwait Chamber of Commerce & Industry (KCCI)10.Hong Kong Trade Development Council (HKTDC) and Kuwait Direct Investment Promotion Authority (KDIPA)11.Sports Federation & Olympic Committee of Hong Kong, China and Olympic Council of Asia12.The Chinese Manufacturers’ Association of Hong Kong (CMA) and Kuwait Chamber of Commerce & Industry (KCCI)13.The Law Society of Hong Kong and Kuwait Bar Association14.Financial Services Development Council (FSDC) and Capital Market Authority in Kuwait (CMA) (non-delegate)15.City University of Hong Kong and Ministry of Higher Education16.City University of Hong Kong and Kuwait University17.Templewater and Blue Ocean Company18.Deloitte China and Baoye Hubei Construction Engineering Group Co., Ltd19.Deloitte China and PCI Technology Co., Ltd20.HSBC and PCI Technology Co., Ltd21.HSBC and Meetsocial Group22.Templewater and Shanghai Westwell Technology23.Templewater and Shanghai Fengling Renewables Co., Ltd24.Dongchao Information Technology (Shanghai) Co., Ltd and Kuwait Direct Investment Promotion Authority (KDIPA)Earlier during the mission, 35 MoUs and announcements were facilitated in Qatar:1.Federation of Hong Kong Industries (FHKI) and Qatar Chamber of Commerce & Industry (QCCI)2.Hong Kong General Chamber of Commerce (HKGCC) and Qatar Chamber of Commerce & Industry (QCCI) 3.Hong Kong Tourism Board (HKTB) and Qatar Airways4.Hong Kong Trade Development Council (HKTDC) and Invest Qatar5.Hong Kong Trade Development Council (HKTDC) and Qatari Businessmen Association (QBA)6.Hong Kong Trade Development Council (HKTDC) and Qatar Chamber of Commerce & Industry (QCCI)7.Hong Kong Trade Development Council (HKTDC) and Qatar Financial Centre (QFC)   8.The Chinese Manufacturers’ Association of Hong Kong (CMA) and Qatari Businessmen Association (QBA)9.The Hong Kong Associations of Bank and Qatar Chamber of Commerce & Industry (QCCI)10.The Law Society of Hong Kong and Qatar International Center for Conciliation and Arbitration (QICCA)11.The Law Society of Hong Kong and Qatar Lawyers Association12.Financial Services Development Council (FSDC) and Qatar Financial Centre (QFC) (non-delegate)13.Hang Seng Indexes Company Limited and Qatar Financial Centre (QFC)14.MTR Corporation Limited and Qatar National Bank15.Belt and Road General Chamber of Commerce and Luyi Industrial Park16.Hong Kong Productivity Council and Shanghai Westwell Technology17.Hong Kong Productivity Council and EHang Intelligent Equipment (Guangzhou) Co., Ltd18.Bank of China (Hong Kong) and Shanghai Westwell Technology19.Baoye Group and Luyi Industrial Park20.Deloitte China and Glodon Technology Co., Ltd21.Deloitte China and WeBank22.HSBC and PCI Technology Co., Ltd23.HSBC and Meetsocial Group 24.Standard Chartered and Fosun International25.Templewater and WeBank26.Center International Group Co., Limited and Luyi Industrial Development QFZ27.Luyi Industrial Park and Qatar Development Bank28.Goldford Group and WeBank and Klickl Technology L.L.C.29.Development Bureau and Public Works Authority ‘Ashghal’ of Qatar 30.Invest Hong Kong and Qatar Chamber of Commerce & Industry 31.Invest Hong Kong and Qatari Businessmen Association (QBA)32.Department of Justice and Ministry of Justice of the State of Qatar (Announcement)33.Hong Kong Customs and Excise Department and Qatar Customs (Announcement)34.Security Bureau (Announcement)35.Trade and Industry Department and Ministry of Commerce and Industry of the State of Qatar (Announcement on progress of IPPA’s negotiation)Photo download: https://bit.ly/4mfLVgfDr Peter K N Lam, Chairman of the Hong Kong Trade Development Council (HKTDC) addressed a business luncheon, organised by the HKETO and HKTDC to deepen economic and cultural links between Hong Kong and Kuwait. He said: “We are committed to a sustainable tomorrow, just like Kuwait. From energy efficiency and green buildings to green transport and waste reduction, our aim is to be carbon neutral by 2050.”Mr John Lee, Chief Executive of Hong Kong Special Administrative Region (HKSAR), said: “The ties between Hong Kong and the Middle East continue to grow and diversify. They include the launching of the Middle East’s first two exchange-traded funds tracking Hong Kong stocks. Hong Kong is partnering with a Middle East sovereign wealth fund, too. Together, we are committed to jointly establishing a US$1 billion fund investing in companies connected to Hong Kong and the Guangdong-Hong Kong-Macao Greater Bay Area.”Some 270 business leaders and key officials attended a business luncheon in Kuwait organised by HKETO and HKTDC, during which an exchange of MoUs and announcements took placeThe delegation visited the Sheikh Abdullah Al Salem Cultural CentreThe delegation met with several representatives from the Kuwait Direct Investment Promotion Authority (KDIPA) to gain an in-depth understanding of the operations of Kuwait’s free trade zones. The meeting explored potential cooperation opportunities in areas such as logistics, manufacturing, distribution, and technology. Dr Peter K N Lam (second right), Hong Kong Trade Development Council Chairman, expressed his delight at the business delegation’s success. He said HKTDC will continuously promote cooperation and support the Hong Kong and mainland business community in expanding into international markets.Media enquiriesHKTDC’s Communications & Public Affairs Department:Snowy ChanTel: (852) 2584 4525Email: snowy.sn.chan@hktdc.orgSam Ho                   Tel: (852) 2584 4569Email: sam.sy.ho@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus.  Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-05-15

OMP’s Unison Planning Achieves SAP(R) Certified Integration with RISE with SAP S/4HANA(R) Cloud

ANTWERPEN, BELGIUM, May 13, 2025 - (ACN Newswire via SeaPRwire.com) - OMP, a global leader in supply chain planning solutions, announced today that its Unison PlanningTM platform has achieved SAP® certification as integrated with RISE with SAP S/4HANA® Cloud. Continuing its long history of providing SAP-certified integration, this milestone confirms Unison Planning's full support for S/4HANA environments and its compatibility with RISE with SAP.The integration delivers seamless, near-real-time connectivity between SAP and Unison Planning's advanced supply chain capabilities, reinforcing OMP's role as a trusted partner for navigating complex planning environments."Achieving this certification highlights our commitment to innovation and enterprise-grade reliability," says Tom Wouters, Chief Product Officer at OMP. "It confirms our ability to support global businesses in their digital transformation journeys, especially those migrating to S/4HANA with RISE with SAP."OMP was recently recognized as a Leader in the Gartner® Magic Quadrant™ for Supply Chain Planning Solutions for the 10th consecutive time, positioned highest for Ability to Execute in 2025."We offer real solutions backed by real expertise," adds Philip Vervloesem, Chief Commercial & Markets Officer at OMP. Many of our customers in various industries, including multiple Fortune 500 companies, are already reaping the benefits of using Unison Planning within their SAP S/4HANA environments. This certification helps companies migrating to SAP S/4HANA to integrate their non-SAP systems seamlessly with their SAP ERP, bringing peace of mind to both IT and business leaders."Key integration features of Unison Planning include:Near-real-time extraction of master and transactional data relevant for demand, distribution, production planning, and sourcing.Incremental synchronization of planning results,No-code configurability of data selection and content.Support for integration with multiple clients across mixed SAP landscapes (ECC, S/4HANA), especially valuable for businesses operating multiple SAP instances.With the addition of this SAP-certified add-on, Unison Planning further simplifies deployment and strengthens interoperability in enterprise SAP environments.The SAP Integration and Certification Center (SAP ICC) has certified that the integration software for Unison Planning integrates with RISE with SAP S/4HANA Cloud using standard integration technologies.About OMPOMP helps companies facing complex planning challenges excel, grow, and thrive by offering the best digitized supply chain planning solution on the market. Hundreds of customers in a wide range of industries - spanning consumer goods, life sciences, chemicals, metals, paper, plastics and packaging - benefit from using OMP's unique Unison Planning™ platform.DisclaimerSAP and other SAP products and services mentioned herein, as well as their respective logos, are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.Contact InformationPhilip VervloesemChief Commercial & Markets Officerpvervloesem@omp.com+1-770-956-2723SOURCE: OMP Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-05-14

Widespread Use Of Illicit Streaming Devices In Taiwan Poses Potential National Cybersecurity Threat, New Research Finds

TAIPEI, TAIWAN, May 13, 2025 - (ACN Newswire via SeaPRwire.com) - Groundbreaking new research was released today revealing that illicit streaming devices (ISDs) in Taiwan are not only enabling rampant piracy, but also potentially pose significant cybersecurity threats to consumers and national infrastructure. The study was released at an enforcement workshop hosted in Taipei by the Taiwan Society of Convergence and the Asia Video Industry Association’s Coalition Against Piracy (CAP).The research, conducted by Professor Paul A. Watters of Cyberstronomy Pty Ltd, found that many ISDs are vulnerable to malware infections and can be remotely hijacked, putting users at risk of identity theft, ransomware, and espionage. Even more alarmingly, these devices could be exploited to form large-scale botnets capable of disrupting Taiwan’s critical infrastructure through coordinated cyberattacks.Key findings from the study include:49% of apps commonly associated with ISDs which were tested contained malware, with some triggering up to 20 detections on industry-leading security platforms.ISDs were found to have an average of 7.75 security vulnerabilities, leaving users exposed to exploits such as command-and-control takeovers and phishing attacks.One malware-laden app was found to use “superuser” privileges, granting attackers full access to a user’s device and connected network.Malicious infrastructure supporting ISD apps is hosted via obscure and abuse-prone domains, such as 6868c.cc and 1357c.cc, often shielded by private registrations.“Every ISD in Taiwan represents a potential node in a nationwide cyberattack,” said Matt Cheetham, General Manager of CAP. “If left unregulated, these devices could be weaponised to compromise homes, businesses, and government networks.” Cheetham noted that the study recommended a three-pronged approach to address the threat: tighten regulations on the sale and distribution of ISDs; expand enforcement and monitoring of malicious ISD infrastructure, and; implement DNS/site blocking to prevent access to known malware-distributing domains.About the Asia Video Industry AssociationThe Asia Video Industry Association (AVIA) is the trade association for the video industry and ecosystem in Asia Pacific. It serves to make the video industry stronger and healthier through promoting the common interests of its members. AVIA is the interlocutor for the industry with governments across the region, leads the fight against video piracy through its Coalition Against Piracy (CAP) and provides insight into the video industry through reports and conferences aimed to support a vibrant video industry.For media enquiries and additional background please contact:Charmaine Kwan, Head of Marketing and Communications | charmaine@avia.orgLinkedIn: www.linkedin.com/company/asiavideoia |X: @AsiaVideoIA Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-05-14

EdgePoint completes 12 projects under its Connectivity for Communities Program, impacting more than 6,500 students across Malaysia, Indonesia and the Philippines

KUALA LUMPUR, May 13, 2025 - (ACN Newswire via SeaPRwire.com) - EdgePoint Infrastructure (“EdgePoint”), an ASEAN-based independent telecommunications infrastructure company, today announced that it has successfully built and equipped 12 digital classrooms under its Connectivity For Communities (CFC) programme, a regional corporate responsibility initiative aimed at providing access to connectivity for students in underserved communities across Malaysia, Indonesia and the Philippines. Since launching the programme just over a year ago, the company has built digital classrooms in these twelve schools, complete with access to seamless connectivity, the necessary digital devices and refurbished student common rooms. In addition, they have collaborated with teachers and local organizations to implement long-term digital literacy programmes ensuring the more than 6,500 students currently benefiting from the project are able to maximize the resources provided.  These initiatives are crucial for increasing digital literacy, ensuring that students in underserved areas are equipped with the skills and knowledge needed to seize future opportunities and secure brighter, more prosperous futures.Chee Wi Lyn, Executive Vice President - People and Corporate Office, said, “We are pleased that these digital classrooms have transformed the learning experiences for students as they can now learn through interactive online modules, research topics which interest them, look for reading materials online and so on. It has also empowered students to develop new skills alongside their daily studies, such as video editing and presentation creation. We have been closely monitoring the progress of the CFC projects and are pleased to share the positive impact the program is making.  Attendance has improved by an overall of 10%, which led to a 6% overall increase in exam scores. Teachers have also noted a significant increase in digital literacy scores of the students, with assessments showing up to 100% improvement in some schools”.Speaking on the extended benefits of connectivity to the surrounding communities she added "Beyond the classroom, reliable internet access and digital resources have positively impacted the families of these students as well. Community members are leveraging connectivity for online gigs, financial transactions, and upskilling, all of which contribute to harnessing their full potential and improving their quality of lives. This connectivity is not only enhancing individual opportunities but also empowering the community to thrive in a rapidly evolving digital world," she added.Aligned with EdgePoint’s focus on bridging the digital divide in the countries in which it operates, the company collaborates with local organizations in these countries to ensure the right underserved communities are empowered by the CFC programmes. EdgePoint aims to close the year with 20 digital libraries built in schools across Malaysia, Indonesia and the Philippines.About EdgePoint InfrastructureEdgePoint Infrastructure is an ASEAN based independent telecommunications infrastructure company that aspires towards Building a Connected, Digital ASEAN. Headquartered in Singapore with operations in Malaysia, Indonesia and the Philippines, through EdgePoint Towers Sdn Bhd, PT Centratama Telekomunikasi Indonesia, Tbk and EdgePoints Towers Inc. respectively, the company is focused on providing sharable and leading-edge telecom structures, small cells and in-building systems. EdgePoint aims to be an industry leader through scale and innovation, driving operational efficiencies through the adoption of analytics and digital technologies.For more information on EdgePoint, please visit https://edgepointinfra.com/. Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-05-14

Southeast Asian stem cell leader Medeze launches voluntary conditional cash partial offer for 10% stake in SGX-listed Cordlife Group Limited

- Offer price of S$0.25 per share is at an attractive premium of 61.3% over the last traded price being 9 May 2025 and the 12-month volume-weighted average price- The Partial offer provides Cordlife shareholders an opportunity to exit at a premium- Medeze views this as a strategic opportunity to invest with long-term intent and explore collaborations with Cordlife including promotion of services together for market expansion, products/services development, diversification of business in the region and cost and operational synergiesSingapore / Bangkok, May 13, 2025 - (ACN Newswire via SeaPRwire.com) - Thailand-listed Medeze Group Public Company Limited (“Medeze”, together with its subsidiaries, the “Medeze Group”), through its wholly owned subsidiary Medeze Treasury Pte. Ltd. (the “Offeror”), intends to make a voluntary conditional cash partial offer (the “Partial Offer”) to acquire 10.00% of the issued ordinary shares of Cordlife Group Limited (“Cordlife” or the “Offeree”), a Singapore-listed provider of cord blood banking services. The move signals Medeze’s first strategic step into the Singapore market, with the intention of exploring business opportunities with the Offeree to create long-term value and mutual benefit for both parties.Terms of the Partial OfferUnder the terms of the Partial Offer, the Offeror is seeking to acquire 25,630,774 shares, equivalent to 10.00% of Cordlife’s total issued and paid-up ordinary shares (excluding treasury shares) (the “Shares”), at an offer price of S$0.25 per share (the “Offer Price”). This represents an attractive premium of approximately 61.3% to the last traded price of S$0.155 on 9 May 2025, and also the 12-month volume-weighted average price.The Partial Offer will be subject to the minimum acceptance condition of the Offeror having received, by the close of the Partial Offer, valid acceptances and/or tenders in respect of not less than 25,630,774 Shares, representing 10.00% of the total number of Shares (excluding treasury shares) as at the Record Date. The Partial Offer will not become or be capable of being declared unconditional in all respects unless the above condition is satisfied.The Partial Offer represents an attractive opportunity for Cordlife shareholders to realise part or potentially all of their investment. Based on the Offeror’s observation that the Shares of the Offeree has been thinly traded in recent years, the Offer Price reflects a healthy premium over recent trading levels.Rationale of the Partial OfferThe Partial Offer, if successful, will allow the Offeror to increase its direct holdings (including the existing shares held by the Offeror) in the Offeree to approximately 10.68% of the total number of Shares (excluding treasury shares) as at the Record Date. Upon successful completion of the Partial Offer, the Offeror, together with Medeze, will communicate with and endeavour to explore business opportunities with the Offeree to create long-term value and mutual benefit for both parties.The Offeror wishes to demonstrate its commitment to contribute positively to the Offeree as a long-term substantial shareholder. By acquiring a meaningful stake, the Offeror aims to collaborate with existing controlling shareholders and management to drive sustainable value creation for all stakeholders. The Offeror believes in engaging in constructive dialogue and partnership with existing shareholders and management to align on strategic priorities, governance, and operational enhancements that will benefit the Offeree’s long-term success.If a collaboration eventuates, Medeze Group and Cordlife could provide services to each other’s customers which helps to strengthen the market position and network of Medeze Group and Cordlife.  As an example and for illustrative purposes only, Medeze Group could (where permissible), offer services like analyzing and storing NK cell and hair follicle banking services to Cordlife’s customers. Cordlife (where permissible) could on the other hand offer its chromosomal and genetic analysis and screening services to Medeze Group’s customers. This collaboration can further support the growth of both Medeze Group and Cordlife at the international level.The Medeze Group recorded total revenue of THB 874.3 million and net profit of THB 338.7 million, representing growth of 23.6% and 41.4% year-on-year respectively. Medeze Group’s asset base more than tripled to over THB 3.4 billion, following its successful listing of the Stock Exchange of Thailand and strategic reinvestment into technology and capacity.About MedezeThe Medeze Group has been in business for more than 14 years and is a leader in the Southeast Asia stem cell storage and services market.Recognised as the Southeast Asia Stem Cell Banking Company of the Year by Frost & Sullivan for two consecutive years (2023 and 2024), the Medeze Group has a laboratory that is accredited by the Association for the Advancement of Blood and Biotherapies (AABB) from the United States. The laboratory is equipped with modern equipment and technology in the stem cell banking industry, such as AutoXpress and Quantum Machine.The Medeze Group is founded and headed by the incumbent chief executive officer, Dr. Veerapol Khemarangsan, an experienced Obstetrics and Gynecology specialist, who brings deep clinical and commercial expertise. He continues to be personally involved in stem cell procedures, lending Medeze Group a rare combination of medical and operational leadership. He currently serves as the Director of Training Committee in Bangkok Metropolitan Endoscopic Center (BMEC).For more information of the Medeze Group, please: https://www.medezegroup.com/th/.About CordlifeCordlife was incorporated in Singapore on 2 May 2001 and has been listed on the Mainboard of the Singapore Exchange Securities Trading Limited (“SGX-ST”) since 29 March 2012. The Offeree is a group company in the business of providing cord blood banking services such as the collection, processing, testing, cryopreservation and storage of umbilical cord blood at birth in countries including Singapore, Hong Kong, Macau, Indonesia, Thailand, India and the Philippines.For media queries, please contact:ThailandInvestor RelationsMedeze GroupDID: +66 91 599 9999 (press 2)Email: ir@medezegroup.comSingaporeTevinder SinghAssociateFinancial PRDID: +65 6438 2990Email: tevinder@financialpr.com.sg The directors of the Offeror (including any director who may have delegated detailed supervision of the preparation of this document) have taken all reasonable care to ensure that the facts stated and opinions expressed in this document are fair and accurate and that no material facts have been omitted from this document, and they jointly and severally accept responsibility accordingly.Where any information has been extracted or reproduced from published or otherwise publicly available sources or obtained from the Offeree, the sole responsibility of the directors of the Offeror has been to ensure through reasonable enquiries that such information is accurately extracted from such sources or, as the case may be, reflected or reproduced in this document. Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-05-14

Nissin Foods Announces 2025 Q1 Financial Results

HONG KONG, May 13, 2025 - (ACN Newswire via SeaPRwire.com) - Nissin Foods Company Limited (“Nissin Foods” or the “Company”, together with its subsidiaries, the “Group”; Stock code: 1475) today announced its unaudited first quarter financial results for the three months ended 31 March 2025 (the “Reporting Period”).The Group reported revenue of HK$1,071.9 million for the Reporting Period, representing an increase of 11.3% from HK$963.0 million of the corresponding period of 2024. Gross profit increased by 8.5% year-on-year to HK$376.1 million, driven by a growth in sales volume. The gross profit margin was 35.1%. Profit attributable to owners of the Company dropped by 6.7% year-on-year to HK$110.0 million, while Adjusted EBITDA grew by 9.2% year-on-year to HK$201.5 million.Revenue from Hong Kong and other regions operations increased by 15.2% due to the steady performance of the noodles business across all regions, as well as the regaining and consolidation of the non-noodles businesses in Korea and Australia. As for the Mainland China operations, revenue increased by 9.1% due to the Group’s efforts to expand sales in the inland areas and the continued upward momentum in Mainland China.Mr Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods, said, “The growth momentum has continued from the second half of 2024 into the first quarter of this year, with steady performance across the regions we are operating. Sales have been particularly strong in our core noodles business and in Mainland China. Furthermore, the Group’s expansion into overseas markets has enhanced our adaptability and resilience, strengthening its competitive advantage and consistently delivering value to customers and shareholders.”About Nissin Foods Company LimitedNissin Foods Company Limited ("Nissin Foods”, together with its subsidiaries, the “Group”; Stock code: 1475) is a renowned food company in Hong Kong and Mainland China, with a diversified portfolio of well-known and highly popular brands, primarily focusing on the premium instant noodle segment. The Group officially established its presence in Hong Kong in 1984 and is the largest instant noodle company in Hong Kong. The Group primarily manufactures and sells instant noodles, high-quality frozen food products, including frozen dim sum and frozen noodles, and also sells and distributes other food and beverage products, including retort pouches, snacks, mineral water, sauce and vegetable products under its two core corporate brands, namely “NISSIN” and “DOLL” together with a diversified portfolio of iconic household premium brands. The Group’s five flagship product brands, namely “Cup Noodles ”, “Demae Iccho ”, “Doll Instant Noodle”, “Doll Dim Sum ” and “Fuku” are also among the most popular choices in their respective food product categories in Hong Kong. In the Mainland China market, the Group has introduced technology innovation through the “ECO Cup” concept and primarily focuses its sales efforts in first-and second-tier cities. In addition, Nissin Foods operates business in other regions including Vietnam, Taiwan, Korea and Australia markets.Nissin Foods is currently a constituent of five Hang Seng Indexes, namely: Hang Seng Composite Index, Hang Seng Composite SmallCap Index, Hang Seng Composite Industry Index - Consumer Staples, Hang Seng SCHK Consumption Index and Hang Seng SCHK Consumer Staples Index. Nissin Foods is eligible for trading under Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect. For more information, please visit www.nissingroup.com.hk. Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-05-13

Business Delegation Forges New Collaborations in Qatar

Doha, Qatar, May 12, 2025 - (ACN Newswire via SeaPRwire.com) - A business delegation led by Mr John Lee, Chief Executive of the Hong Kong Special Administrative Region (HKSAR), and organised by the Hong Kong Trade Development Council (HKTDC) visited Doha and the second largest city in Qatar Lusail on 10-12 May. This visit includes representatives from mainland enterprises for the first time with the aim to support high-quality Belt and Road cooperation.35 memoranda of understanding (MoUs) and announcements were facilitated in trade and investment promotion, finance, transport and logistics, and innovation and technology, further strengthening collaboration between Hong Kong and the mainland, and facilitating mainland companies to partner with Hong Kong businesses to "go out" and explore opportunities in the Middle East and beyond. They also paved the way for deeper collaboration between Hong Kong, the mainland, Qatar and the broader Middle Eastern market.The delegation, organised by the Hong Kong Trade Development Council (HKTDC), comprises over 50 business leaders from Hong Kong and enterprise representatives from seven mainland provinces and cities, including Beijing, Shanghai, Guangdong, Zhejiang, Fujian, Jiangsu, and Hubei, covering a range of sectors including finance, professional services, construction and real estate, transport and logistics, green development, innovation and technology (I&T), energy and manufacturing.The delegation had meetings with business chambers, including Qatari Businessmen Association (QBA) and Qatar Chamber of Commerce and Industry (QCCI), and government bodies, including Qatar Financial Centre (QFC) and Qatar Development Bank (QDB). In these meetings, the delegates explored opportunities to enhance trade and investment and promoted Hong Kong's advantages and opportunities.The delegates also conducted a site visit to Lusail City to observe how I&T integrates with urban planning and infrastructure and to explore collaboration opportunities for Hong Kong's smart city solution providers. As the second largest city in Qatar, Lusail City is becoming one of the country's flagship smart cities due to its ICT-focused infrastructure facilities, which are under construction and nearing completion.During the visit to the Qatar Foundation and its subsidiaries, the delegates discussed potential partnerships, technology transfer opportunities, and programmes for supporting tech start-ups with entities such as the Qatar National Research Fund, Qatar Science & Technology Park, and Education City. The visit provided insights into how Hong Kong's technological advancements might align with Qatar's strategic focus areas.Additionally, the delegation visited the National Museum of Qatar to gain a deeper understanding of Qatar's history and cultural vision.To foster collaboration, the Hong Kong Economic and Trade Office (HKETO) and Hong Kong Trade Development Council (HKTDC) organised a high-level business luncheon, which was attended by some 300 business leaders and key officials.At the luncheon on 12 May, Mr Lee remarked: "As both our economies diversify, co-operation becomes our greatest multiplier. Uniting Qatar's transformative drive, Mainland China's expertise, and Hong Kong's connectivity will help us realise a future of diverse, and boundless, opportunities. Let's work together. Let's partner for success.""To bring Hong Kong and Qatar together, I am pleased to announce that with immediate effect, holders of the Hong Kong SAR passport can enjoy visa-free entry into Qatar, for 30 days at a time. Nationals of Qatar can also visit Hong Kong visa-free. These initiatives will make it that much easier to create partnerships, do business and enjoy life together,"Mr Lee added.Dr Peter K N Lam, Chairman of the HKTDC, said: "In 2024, Qatar was Hong Kong's 3rd largest trading partner in the Middle East. This accounted for 6.6% of Hong Kong's total trade with the region. There is a lot of room for growth."Hong Kong is the most international city in the ever-growing Guangdong-Hong Kong-Macao Greater Bay Area. We are also the gateway to the vast Mainland China market. Our proximity to Asian economies and half the world's population boosts our role as a superconnector and super value-adder linking China with the world. Hong Kong is your access point to Mainland China, the wider Asia region and beyond," he added.35 MoUs and announcements were delivered by the government and the following members of the delegation:1. Federation of Hong Kong Industries (FHKI) and Qatar Chamber of Commerce & Industry (QCCI)2. Hong Kong General Chamber of Commerce (HKGCC) and Qatar Chamber of Commerce & Industry (QCCI)3. Hong Kong Tourism Board (HKTB) and Qatar Airways4. Hong Kong Trade Development Council (HKTDC) and Invest Qatar5. Hong Kong Trade Development Council (HKTDC) and Qatari Businessmen Association (QBA)6. Hong Kong Trade Development Council (HKTDC) and Qatar Chamber of Commerce & Industry (QCCI)7. Hong Kong Trade Development Council (HKTDC) and Qatar Financial Centre (QFC)8. The Chinese Manufacturers' Association of Hong Kong (CMA) and Qatari Businessmen Association (QBA)9. The Hong Kong Associations of Bank and Qatar Chamber of Commerce & Industry (QCCI)10. The Law Society of Hong Kong and Qatar International Center for Conciliation and Arbitration (QICCA)11. The Law Society of Hong Kong and Qatar Lawyers Association12. Financial Services Development Council (FSDC) and Qatar Financial Centre (QFC) (non-delegate)13. Hang Seng Indexes Company Limited and Qatar Financial Centre (QFC)14. MTR Corporation Limited and Qatar National Bank15. Belt and Road General Chamber of Commerce and Luyi Industrial Park16. Hong Kong Productivity Council and Shanghai Westwell Technology17. Hong Kong Productivity Council and EHang Intelligent Equipment (Guangzhou) Co., Ltd18. Bank of China (Hong Kong) and Shanghai Westwell Technology19. Baoye Group and Luyi Industrial Park20. Deloitte China and Glodon Technology Co. Ltd21. Deloitte China and WeBank22. HSBC and PCI Technology Co., Ltd23. HSBC and Meetsocial Group24. Standard Chartered and Fosun International25. Templewater and WeBank26. Center International Group Co., Limited and Luyi Industrial Development QFZ27. Luyi Industrial Park and Qatar Development Bank28. Goldford Group and WeBank and Klickl Technology L.L.C29. Development Bureau and Public Works Authority 'Ashghal' of Qatar30. Invest Hong Kong and Qatar Chamber of Commerce & Industry31. Invest Hong Kong and Qatari Businessmen Association (QBA)32. Department of Justice and Ministry of Justice of the State of Qatar (Announcement)33. Hong Kong Customs and Excise Department and Qatar Customs (Announcement)34. Security Bureau (Announcement)35. Trade and Industry Department and Ministry of Commerce and Industry of the State of Qatar (Announcement on progress of IPPA's negotiation)As the Belt and Road Initiative continues injecting new momentum into regional cooperation, Hong Kong, positioned as a superconnector and super value-adder with the distinctive advantages of enjoying the strong support of the mainland and being closely connected to the world, will continue to serve as a trade hub between the mainland and the Middle East.In September, the HKSAR Government and HKTDC will host the 10th Belt and Road Summit in Hong Kong at which Qatari companies can exchange valuable insights and find ways to collaborate with other governments and businesses along the Belt and Road.The Hong Kong delegation's visit to Qatar is part of a broader high-level overseas visit taking place from 10 to 15 May. This visit aims to strengthen economic and trade ties between Hong Kong, the mainland and the Middle East, building on the success of the Chief Executive's previous missions to Saudi Arabia and the UAE in 2023.Photo download: https://bit.ly/44u5NG1The business delegation led by Mr John Lee, Chief Executive of the Hong Kong Special Administrative Region (HKSAR), and organised by the Hong Kong Trade Development Council (HKTDC), comprises over 50 business leaders from Hong Kong and enterprise representatives from seven mainland provinces and cities35 memoranda of understanding (MoUs) and announcements were facilitatedThe delegation visited Lusail CityThe delegation visited the National Museum of QatarDr Peter K N Lam, Chairman, Hong Kong Trade Development Council, Mr John Lee, Chief Executive of the Hong Kong Special Administrative Region, and members of the delegation took part in a roundtable meeting with the chairman and key members of the Qatari Businessmen Association (QBA)Media enquiriesHKTDC's Communications & Public Affairs Department:Snowy ChanTel: (852) 2584 4525Email: snowy.sn.chan@hktdc.orgSam HoTel: (852) 2584 4569Email: sam.sy.ho@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-05-13

Euro Manganese Announces Appointment of Ms. Martina Blahova as Permanent President & Chief Executive Officer

Vancouver, British Columbia--(Newsfile Corp. - May 12, 2025) - Euro Manganese Inc. (TSXV: EMN) (ASX: EMN) (OTC Pink: EUMNF) (FSE: E060) (the "Company" or "Euro Manganese") is pleased to announce that it has appointed Ms. Martina Blahova as permanent President and Chief Executive Officer ("CEO") effective May 12, 2025 and will appoint Ms. Blahova to the Company's Board of Directors (the "Board"). Ms. Blahova's appointment to the Board will not take effect until she has obtained a director identification number from the Australian Business Registry Services.Ms. Blahova was appointed as Interim CEO in November 2024. After assessing Ms. Blahova's considerable contributions as Interim CEO and her depth of experience at Euro Manganese and at other companies, the Board determined that she is the best-qualified individual to continue to advance the Company's strategy and execute on the development of the Chvaletice Manganese Project (the "Project").Martina Blahova, President and CEO of Euro Manganese commented, "I am honoured to be appointed CEO during this transformative period for both Euro Manganese and the European battery materials industry. In recent months, we've secured critical government designations, made significant progress on measures to strengthen our financial position, and validated the Project's strategic relevance to Europe's decarbonization goals. I am incredibly proud of our team's achievements and excited to build long-term value for our stakeholders as we advance our vision of providing a resilient, local, and sustainable supply of high-purity manganese." Mr. Rick Anthon, Chairman of the Board, added, "Martina has been instrumental in advancing Euro Manganese's mission to become Europe's leading producer of high-purity manganese. As Interim CEO, she demonstrated a clear vision, deep strategic insight, and steady leadership, which are qualities that have helped position the Chvaletice Manganese Project at the heart of Europe's clean energy transition. Following a robust period of progress under her guidance, the Board is pleased to confirm her appointment as CEO and looks forward to working with her as we move to the next phase of growth."Since joining Euro Manganese in 2018, Ms. Blahova has held various senior leadership roles including Chief Financial Officer and Interim CEO, helping guide the company through significant project development milestones and operational transformation. As CEO, she will continue to focus on advancing the Company's long-term growth strategy, delivering value to shareholders, and fostering a culture of excellence.About Martina BlahovaMs. Blahova has served as the Chief Financial Officer of the Company since January 2020, and Interim CEO since November 2024. She has extensive financial and leadership experience gained from working in Canada, the Czech Republic, and in the UK. Her full bio is available here.About Euro Manganese Euro Manganese is a battery materials company focused on becoming a leading producer of high-purity manganese for the electric vehicle industry. The Company is advancing development of the Chvaletice Manganese Project in the Czech Republic and an early-stage opportunity to produce battery-grade manganese products in Bécancour, Québec.The Chvaletice Project is a unique waste-to-value recycling and remediation opportunity involving reprocessing old tailings from a decommissioned mine. It is also the only sizable resource of manganese in the European Union, strategically positioning the Company to provide battery supply chains with critical raw materials to support the global shift to a circular, low-carbon economy.Euro Manganese is dual listed on the TSX-V and the ASX.Authorized for release by the Chairman of Euro Manganese Inc.Neither TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) or the ASX accepts responsibility for the adequacy or accuracy of this release.Enquiries LodeRock AdvisorsNeil WeberInvestor and Media Relations - North America+1 (647) 222-0574 neil.weber@loderockadvisors.comJane Morgan Management Jane Morgan Investor and Media Relations - Australia +61 (0) 405 555 618 jm@janemorganmanagement.com.auCompany Address: #709 -700 West Pender St., Vancouver, British Columbia, Canada, V6C 1G8Website: www.mn25.caFollow us on: LinkedIn | Twitter | YouTubeClick Here to Subscribe to our mailing list for updatesForward-Looking StatementsCertain statements in this news release constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company, its Chvaletice Project, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate", "scheduled", "forecast", "predict" and other similar terminology, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.Readers are cautioned not to place undue reliance on forward-looking information or statements. Forward-Looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements and, even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company.Forward-Looking statements include statements regarding director appointment process and any expected outcome and ability to navigate current market conditions. All forward-looking statements are made based on the Company's current beliefs including various assumptions made by the Company, including that the Chvaletice Project will be developed and operate as planned, the Company will obtain sufficient financing, and that the Company will be able to meet the conditions of its secured financing. Factors that could cause actual results or events to differ materially from current expectations include, among other things: insufficient working capital; inability to meet the conditions of its secured financing, risks due to granting security, lack of availability of financing for developing and advancing the Chvaletice Project; the potential for unknown or unexpected events to cause contractual conditions to not be satisfied; developments in EV (Electric Vehicles) battery markets and chemistries; risks related to fluctuations in currency exchange rates; and regulation and changes in laws by various governmental agencies. For a further discussion of risks relevant to the Company, see "Risk Factors" in the Company's annual information form for the year ended September 30, 2024, available on the Company's SEDAR+ profile at www.sedarplus.ca.Although the forward-looking statements contained in this news release are based upon what management of the Company believes are reasonable assumptions, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Company does not assume any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this news release.Appendix ASummary of Material Contract Terms for Incoming Chief Executive OfficerIn accordance with ASX Listing Rule 3.16.4, the following are the material terms of the employment agreement with Ms. Martina Blahova for the role of Chief Executive Officer of Euro Manganese Inc. ("EMN"), which was entered into effective May 12, 2025.The key remuneration and contract terms related to Ms. Blahova's employment agreement are set out below:Effective Date:May 12, 2025Term:Permanent CEOFixed Annual Remuneration (FAR):CAD$450,000 per annum, to be taken as cash. Incentives: Short Term Incentive Plan (STIP):Ms. Blahova is eligible for a short term incentive plan of up to 75% of her FAR based on the achievement of certain corporate and individual performance targets, payable as a cash bonus. Board has discretion to amend STIP performance targets and payment schedule upon certain events and/or transactions, including in the event of change in control. Annual awards under STIP are subject to Ms. Blahova's individual performance (achievements and conduct) and EMN and Ms. Blahova achieving Board-approved targets.Service BonusMs. Blahova will be entitled to receive a service bonus equal to 12 months of her FAR payable upon the occurrence of a change in control of the Company and/or its subsidiary as a retention bonus. This payment is not connected with any actual or potential termination of Ms. Blahova's Employment Agreement. A change of control for this purpose includes 40% change in ownership or voting power of the Company and/or its subsidiary.Long Term Incentive Plan (LTIP):The form of Ms. Blahova's participation in EMN's LTIP is by way of Stock Option Plan and Board approval. Stock options granted to Ms. Blahova can range from 0% - 100% of the target LTIP opportunity, based upon the achievement of corporate and individual performance targets. Ms. Blahova's annual performance is measured against corporate and individual performance objectives, the weighting of each being dependent upon her role in the organization and relative influence over corporate performance objectives. Any future stock option grants to Ms. Blahova are expected to have an expiry of 10 years, and the vesting schedule will be 1/3 of the stock option grant will immediately, 1/3 will vest on the first anniversary of the date of the grant, and 1/3 will vest on the second anniversary of the date of the grant, all subject to the Board's discretionTermination Provisions: Resignation by Ms. BlahovaMs. Blahova may terminate her employment at any time by giving EMN not less than six weeks' written notice. Termination by EMN with NoticeThe Company may terminate Ms. Blahova's employment at any time with 12 months severance. Additionally, upon a termination without cause, all unvested stock options shall vest. Termination by EMN Without NoticeUpon the Company's termination of Ms. Blahova's employment for cause, Ms. Blahova shall not be entitled to reasonable written notice of termination or pay in lieu of notice of termination, or any other compensation or damages for severance. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/251597 Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-05-13

Nestle and OMP Showcase Approach to Future-Ready Supply Chain at Gartner Supply Chain Symposium/Xpo in Barcelona

BARCELONA, May 9, 2025 - (ACN Newswire via SeaPRwire.com) - OMP, a leading provider of supply chain planning solutions, invites attendees of the Gartner Supply Chain Symposium/Xpo™ 2025 to attend Nestlé's solution provider session on May 19. The presentation will highlight how the company is transforming its supply chain across brands and regions using OMP's Unison Planning™.In this session, Shannon Novack, Supply Chain Excellence Expert at Nestlé, will share how the global food and beverage leader is reimagining its supply chain planning to meet increasing customer expectations in a fast-changing business environment. By leveraging advanced planning technology like Unison Planning, managing organizational change, and scalingfuture-fit capabilities, Nestlé is delivering real results.Attendees will gain valuable insights into how the company is driving adoption, overcoming transformation challenges, and aligning technology speed with organizational agility.The Gartner Supply Chain Symposium/Xpo™ 2025, held May 19-21 in Barcelona, gathers supply chain leaders to explore strategies for navigating supply chain volatility and driving future readiness. This year's focus is on managing risk and responding to disruptions to ensure business continuity and operational excellence despite ongoing uncertainty.As a platinum sponsor, OMP invites attendees to visit booth 307 to learn more about Unison Planning. OMP's industry experts and leadership will be available to discuss today's complex supply chain challenges and how their solutions are helping leading companies deliver real results.Don't miss the opportunity to hear from Nestlé and explore how smart supply chain planning solutions like Unison Planning can help future-proof your supply chain.Session at a glanceTitle: OMP: How Nestlé is turning AI and agility into real results across its end-to-end supply chainSpeaker: Shannon Novack, Supply Chain Excellence Expert at NestléWhen: Monday, May 19, 2025, at 11:45 AM CETWhere: Spain, Barcelona, International Barcelona Convention Centre (CCIB), Room 112To see where you can meet OMP next, visit their events calendar here.About OMPOMP helps companies facing complex planning challenges excel, grow, and thrive by offering the best digitized supply chain planning solution on the market. Hundreds of customers in a wide range of industries - spanning consumer goods, life sciences, chemicals, metals, paper, plastics and packaging - benefit from using OMP's unique Unison Planning™ platform.Contact InformationPhilip VervloesemChief Commercial & Markets Officerpvervloesem@omp.com+1-770-956-2723SOURCE: OMP Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-05-10

Unlocking the Full Potential of GCCs: The Strategic Power of Cultural Integration

Kuala Lumpur/Bangkok/Singapore , May 8, 2025 - (ACN Newswire via SeaPRwire.com) - As India continues to cement its reputation as the global capital for Global Capability Centers (GCCs), a new strategic imperative is emerging—cultural integration. While talent, technology, and cost arbitrage remain key, it is the cultural maturity of these centers that now determines enterprise-wide success.In a groundbreaking new whitepaper, SRKay Consulting Group makes a compelling case for why cultural intelligence must be embedded into the operational core of every GCC. Their research reveals a clear business truth: culture is no longer a soft metric—it is a measurable, high-ROI performance driver."Embedding cultural intelligence is no longer a peripheral initiative—it’s a strategic lever that powers agility, R&D effectiveness, and global alignment across mature GCCs in India."— Santosh Panicker, Chief Operating Officer, SRKay Consulting GroupGCCs Are Evolving—But Culture Is LaggingToday’s GCCs are innovation centers, managing high impact workstreams in AI, advanced analytics, and digital transformation. Yet despite this strategic evolution, many centers still struggle with the hidden costs of cultural misalignment—delayed decision-making, compliance breakdowns, communication issues, and talent attrition.SRKay’s study, which surveyed 301 leaders across C-suite, engineering, and HR functions, found:- 60% of Tech & IT leaders report compliance delays due to governance models misaligned with local culture.- 65% of aviation GCCs face productivity bottlenecks from clashes between global standardization and regional work styles.- 55–60% of engineering heads cite persistent execution hurdles caused by poor cultural synergy.Introducing the 5-Stage Cultural Maturity ModelTo tackle these gaps, SRKay proposes a 5-Stage Cultural Maturity Model, guiding GCCs from reactive problem-solving to fully institutionalized cultural fluency. The model aligns with frameworks such as Hofstede’s Cultural Dimensions and Trompenaars’ Model, enabling GCCs to diagnose and address issues around hierarchy, communication styles, decision-making, and feedback protocols.This shift, SRKay argues, transforms culture from an HR initiative into a business-critical operating system.“GCCs in India now function as strategic enablers, collaborating directly with global teams on breakthrough projects.” — Darshil Dholakia, Director of Business Operations, SRKay Consulting GroupFrom Metrics to Meaning: Operationalizing CultureMature GCCs are already embedding culture into dashboards and governance scorecards:- Cross-Team Collaboration Index: Quality of interaction between HQ and GCCs- Resolution Turnaround Time: Speed of resolving culturally driven issues- Culture NPS: Sentiment on inclusion and trustThese metrics are bolstered by AI-driven tools—sentiment intelligence, immersive VR learning for leadership alignment, and cultural playbooks embedded in collaboration platforms.“Mature GCCs in India use culture as a source of operational excellence and innovation. Embedding culture transforms it into a competitive differentiator.” — Alok Kumar, Founder & Managing Director, SRKay Consulting GroupCulture-Led Growth: The Future of GCCs in IndiaBy 2030, India’s GCC market is expected to reach USD 110 billion. This growth won’t be driven by headcount alone—but by how effectively centers adopt cross-cultural collaboration, AI-enabled integration, and inclusive leadership.“The next generation of GCCs in India will be led by executives who view cultural competence not as an HR initiative—but as a core business driver.” — Vivek Dubey, Head of Strategic Consulting, SRKay Consulting GroupDownload the Whitepaper NowUnlocking the Full Potential of GCCs: The Strategic Power of Cultural IntegrationAbout SRKay Consulting GroupSRKay Consulting Group is a global consulting firm that helps companies expand into emerging markets like India through data-led strategies, market entry advisory, and operational consulting. With deep expertise in regulatory compliance, digital infrastructure, and supply chain localization, SRKay is the trusted partner for Southeast Asian firms entering India.For expert consultation and partnership opportunities, connect with:Contact InformationKomaldeep KaurEmail: Komal@mianext.com Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-05-09

India: Revolutionizing Video And Content For The Global Media And Entertainment Industy

MUMBAI, INDIA, May 8, 2025 - (ACN Newswire via SeaPRwire.com) - The Future of Video India 2025 conference, held at the Trident Hotel Bandra Kurla, and part of the inaugural World Audio Visual & Entertainment Summit (WAVES), brought together over 120 industry leaders, innovators, and policymakers to discuss the transformative trends shaping India's media and entertainment landscape. The event, organized by the Asia Video Industry Association (AVIA), featured insightful sessions on regulatory frameworks, content creation, as well as distribution and monetisation strategies.Setting the tone for the day, the inaugural conversation led by Abhay Shanker Verma, Principal Advisor (Broadcasting & Cable Services), Telecom Regulatory Authority of India (TRAI), focused on creating a regulatory framework to propel India's media and entertainment sector onto the global stage. Verma emphasized the importance of a level playing field and light-touch regulations to foster growth and innovation. He also reiterated India’s ambitions to become a content hub, with the establishment of the Indian Institute of Creative Technology (IICT), aimed at equipping the next generation of digital creators to excel in the global digital content industry.Following this, Gaurav Banerjee, Managing Director & CEO of Sony Pictures Networks India (SPNI), declared “. . . the days of mediocre content is coming to an end” while sharing his vision for the future of SPNI and how it is pivoting to become first and foremost a content studio. He stressed the importance of authentic, quality, and unique storytelling and how SPNI was shifting from a traditional pay TV business model to a more diversified content distribution strategy, leveraging both broadcast and digital platforms to maximize monetization and reach. Banerjee also highlighted the exciting opportunities that lie ahead for content creators given the country's young population and rapid economic growth while AI was a transformative opportunity to enhance creativity and ensure safety for both creators and consumers.Vivek Couto, Managing & Executive Director of Media Partners Asia, then provided an overview of the significant transformations in India's premium video sector over the last year, foreseeing no further imminent consolidations. Couto shared that there was enough revenue in the pie for the top 7 to 8 players to grow, and while advertising had gone through tough times for premium video, the Connected TV (CTV) universe was going to be very important for the advertising industry. Couto also remarked that India was by far the most accessible growth opportunity in the world, and “we are just beginning to see the collaboration and cooperation needed to drive this industry forward."Kelly Day, Head of International & Vice President, Prime Video, shared their unique strategy of transforming Prime Video into a comprehensive entertainment hub, underscored by the evolving landscape of content consumption in India. Day emphasized the importance of offering a wide range of content to cater to diverse customer preferences. “We want to be the first place that people think of when they want to watch something. . . This idea of offering the best and biggest service is at the core of what Amazon offers around the world,” said Day.Monika Shergill, Vice President – Content at Netflix India, also stressed the importance of creative excellence and innovation, with a commitment to fuelling emotional connections through bold and imaginative storytelling, shooting across thousands of states and cities to create a diverse slate. Winning the Indian market was certainly a priority, with the goal of taking the best Indian stories to the world. Innovation and consistency were not opposites, said Shergill, with Netflix maintaining consistency in quality while continuously innovating in both service and storytelling.Sushant Sreeram, Chief Marketing Officer at JioStar, also highlighted their platform's focus on emotional engagement, personalized content, and innovative monetization strategies to drive growth and retention. “An aspiration and ambition to get to 1 billion screens requires us to reimagine everything, from the way we market to our service and the content we offer,” said Sreesam.The conference also focused on the future of premium video advertising in India, with panellists highlighting the transformative potential of CTV for advertisers. Vineet Rastogi, Director of Product – India & EMEA, INVIDI, said, “It is not a question of choosing between linear and streaming, it’s about how to combine them.” Saurabh Srivastava, COO – Digital, Shemaroo Entertainment, emphasized the need for a new mindset to fully leverage CTV’s targeted and engaging capabilities. Clem Birdsall, Senior Publisher and Platform Director – APAC, Publica by IAS, also shared that programmatic buying offered more opportunities for advertisers compared to direct buying, which often has a higher entry threshold. However, Ranjana Mangla, SVP and Head of Ad Revenue, Sony LIV, Sony Pictures Networks India, underscored the challenges in building brand engagement in the CTV landscape, highlighting the need for a unified measurement system to ensure transparency. Surmising, Luke Smith, Senior Director - CTV & Online Video, APAC, PubMatic, opined that while TV has traditionally been effective for top-of-the-funnel brand advertisers, there are now unprecedented opportunities for all types of advertisers to leverage this medium. Closing off the event, Vynsley Fernandes, Whole-time Director, Hinduja Global Solutions Ltd & CEO, NXTDIGITAL unveiled his strategy for embracing digital transformation. Fernandes emphasized the importance of expanding broadband services and launching satellite initiatives to better serve remote areas, reflecting their commitment to adapting to evolving consumer demands and technological advancements. These efforts underscore the pay TV industry's proactive approach to maintaining relevance and enhancing accessibility in the digital age.Future of Video India is proudly sponsored by Gold Sponsor Publica by IAS, and Silver Sponsors INVIDI, MEASAT and PubMatic.About the Asia Video Industry AssociationThe Asia Video Industry Association (AVIA) is the trade association for the video industry and ecosystem in Asia Pacific. It serves to make the video industry stronger and healthier through promoting the common interests of its members. AVIA is the interlocutor for the industry with governments across the region, leads the fight against video piracy through its Coalition Against Piracy (CAP) and provides insight into the video industry through reports and conferences aimed to support a vibrant video industry.For media enquiries and additional background information, please contact:Charmaine KwanHead of Marketing and CommunicationsEmail: charmaine@avia.org | Website: www.avia.orgLinkedIn: www.linkedin.com/company/asiavideoia |X: @AsiaVideoIA Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-05-09

Guangzhou Electrical Building Technology 2025 brings industry leaders together to shape a low-carbon, intelligent building future

Guangzhou, China, May 8, 2025 - (ACN Newswire via SeaPRwire.com) - The 22nd Guangzhou Electrical Building Technology (GEBT) will take place concurrently with the Guangzhou International Lighting Exhibition (GILE) from 9 – 12 June 2025 at the China Import and Export Fair Complex in Guangzhou. GEBT is a major convening point for the electrical building and home automation technology industries in Asia. The 2025 edition will focus on “low-carbon intelligent building” and “smart power distribution”, where leading enterprises will introduce innovative technologies and solutions for energy conservation and carbon reduction in the building industry. The event will feature several professional conferences to discuss emerging trends in low-carbon smart development.At the end of 2024, China announced plans to accelerate the adoption of zero-carbon park standards, focusing on integrating diverse energy sources and storage solutions. This strategy aims to optimise industrial structures, improve energy cleanliness, and support the green transformation of the building sector.  In this context, GEBT 2025 will serve as a platform for collaboration and the exchange of knowledge, uniting experts from various fields to empower industry players to seize opportunities for green and low-carbon transformation. These efforts will drive sustainable development in the building industry and contribute to achieving the government’s carbon peak and carbon neutrality goals.Collaborate with industry leading brands in GEBT themed zonesGEBT 2025 will prominently feature innovative technological solutions focused on “low-carbon intelligent building” and “smart power distribution”. It also aims to raise industry standards, foster collaboration, and provide a premier platform for exploring new business opportunities, ultimately steering the building industry toward a greener, low-carbon future. The themed zones will include the KNX zone, the Matter zone, as well as the “Low-carbon intelligent building and energy management” zone. Each zone will cover key sectors in intelligent building technology, such as electrical systems, home automation, energy management, and IoT solutions. Noteworthy companies confirmed to participate include:Electrical engineering: AiDimming, Lonon, Futina, New Bulls, Homelan, Yunkong, Lianzhong Injection, Jing'an, BULO, Chuangfu, New Blue Sky, Zhongpu, Pengchuangxin, Longyang, Jasmart and Daming RaphaelHome automation and smart lighting control systems: HDL, Intreplus, Gamder, GVS, Baotai, Leaguer, inSona, UWIZE, GIKON, Hope, Jing Rui, JIWU, Jiameixin, Tianlang Zhitong, Gransibei, Lampow, X-focus, Coso, Shengxiang, Duomei, Binthen, Morelinks, Zhi Huang, Xiaoyuzhineng, Evolome, LESDN, VIPLOptoelectronic, Small Frog, Xingruyu, Dieran, Genius, Agilelight, Chengmao, Geya, Yilaijinlian, EBELONG, Evolt, YHOPE, Creatrol and AutorailSmart power distribution: Geya, Yilaijinlian, Shunde Lighting and Electric Association, Wanduo, Kenwell, DEMI, Gacia and MatechSmart hotel systems and products: Jirang, IOVOV, Orientronic, Bipu, TOX, Youhu, Heguang, MXCHIP, Haiji, Daming Raphael and CongxunSmart audio and home entertainment systems: Partyhouse, Happy House, New Zeyu, Soundbox, Cinemaster, Eogo Sound, Wise, Yihe, POWRT, AMN, HAOYIN, Zhanyi, AISPEAKER, Roe, TKsound, Jianzhu, Juzheng, Tianlai, Golden Sound and Laveini AudioThematic exhibition zones: the KNX zone (Schneider Electric, Siemens, ABB, Legrand, Hager and more) , the Matter zone (Zemismart, THIRDREALITY, Wdmiot, Haojia, Ju Energy, Uascent and more), as well as the “Low-carbon Intelligent Building and Energy Management” zone (Techsel, Sicoo, Gzisea, MISLIN and more)Experts explore industry’s future through cross-disciplinary discussionsGEBT 2025 will host a series of professional forums featuring global industry experts and business leaders. Key topics such as low-carbon intelligent buildings, smart offices, AI building technology, and energy storage will be explored in depth during these discussions. By analysing technological trends and sharing best practices, the forums aim to prepare enterprises to seize emerging opportunities. Core themes will include carbon neutrality, AIoT applications, international standards, and market practices tailored towards China, offering participants valuable insights for driving business growth. Highlighted events will include:- New Opportunities for China’s Building Electrics and Home Automation Abroad (9 June, afternoon)This forum aims to foster international exchange focused on certification, channel development, and brand localisation in building electrical and home automation technologies. It will also seek to establish an overseas expansion alliance to help Chinese enterprises access global markets and promote green technology.- Create Intelligent Spaces, Share Smart Life (9 June, afternoon)As the world’s leading open standard for home automation and building control systems, KNX is at the forefront of building a smart ecosystem that enables seamless interconnection. In this forum, KNX China will explore how intelligent system integration is reshaping modern living spaces in innovative ways. By leveraging effective energy management, KNX not only facilitates sustainability but also revitalises buildings with cutting-edge intelligent solutions.- The China (Guangzhou) Integrators’ Conference 2025 (10 June, morning)This forum, in collaboration with Qianjia Smartech, will bring together experts to discuss how intelligent system integration can optimise and upgrade industrial structures, reducing costs and increasing efficiency.- 2025 Low-Carbon Building Technology Applications and Zero-Carbon Hotel Forum (10 June, morning)Led by the Greater China Hotel Engineers Alliance (GCHEA), this forum will explore the potential of zero-carbon hotels and how low-carbon building technologies can drive sustainable industry development.- CSHIA Startup Camp – Seizing the Opportunities of Smart Commercial Spaces (10 June, afternoon)The China Smart Home Industry Alliance (CSHIA) Startup Camp will focus on intelligent commercial lighting technology and its applications. Through case studies and tech demonstrations, it will discuss transitioning from product intelligence to spatial intelligence to help businesses seize market opportunities and foster industry growth.- PLC Building Automation Convergence and Interconnection Forum (10 June, afternoon)The PLC Group will host this forum to investigate innovative applications, standardisation, and commercialisation of PLC technologies, promoting its integration in low-carbon and intelligent building upgrades.- Global Connectivity, Global Market Access (11 June, morning)The forum will focus on leveraging Matter’s standards to enter markets in the USA and EU. It will feature technical breakdowns, case studies, and channel strategies to help businesses to thrive in the home automation revolution.- OffiSmart Smart Office and Space Management Summit (11 June, morning)Under the theme “Office innovation driven by new productivity”, the forum will gather industry leaders and innovators in intelligent technology, green building, and space design. Participants will discuss trends in intelligent, low-carbon, and human-centric office spaces, with a focus on AI-driven office systems, sustainable design, and healthy office environments. The event aims to foster collaboration and innovation across industries, and accelerate the adoption of advanced technologies.- AI Leads the Future: Seminar on Innovative Practices in Smart Venues (11 June, afternoon)In collaboration with the Shenzhen Building Electrical & Intelligent Association, this seminar will explore intelligent engineering design and share implementation experiences. It will also showcase innovative practices in intelligent convention centres, cultural venues, sports centres, and large-scale competition venues, contributing to the future of smart venues.- DeepSeek Innovation Conference for Home Industry (11 June, afternoon)This forum, organised by Zhinaer, will focus on the standardised applications of AI technologies such as DeepSeek AI in the home industry. Topics will cover leveraging technologies to empower the industry, promoting digital operations, and achieving cost reduction and efficiency gains.- New Trends in the Integration of Building Lighting and Microgrids Powered by PEDF (11 June, afternoon)PEDF (Photovoltaic, energy storage, direct current and flexibility) technologies integrate solar generation, energy storage, direct current distribution, and flexible load control, offering innovative solutions for the integration of building lighting and microgrid. This forum will invite experts, scholars, and industry representatives discussing cutting-edge applications, multi-energy coupling technologies to enhance efficiency and reliability, and their roles in microgrid mechanisms and intelligent control strategies to optimise energy distribution.Guangzhou International Lighting Exhibition and Guangzhou Electrical Building Technology are part of Messe Frankfurt’s Light + Building Technology fairs headed by the biennial Light + Building event. The next edition will be held from 8 – 13 March 2026 in Frankfurt, Germany.Messe Frankfurt organises several trade fairs for the light and building technology sectors in Asia, including Shanghai Intelligent Building Technology, Shanghai Smart Home Technology and Parking China. The company’s lighting and building technology trade fairs also cover the markets in Argentina, India, Türkiye, the UAE and the USA.For more information on Light + Building shows worldwide, please visit http://www.brand.light-building.com.For more information regarding the building shows in China, please visit www.building.cn.messefrankfurt.com or email building@china.messefrankfurt.com.About Messe FrankfurtThe Messe Frankfurt Group is the world’s largest trade fair, congress and event organiser with its own exhibition grounds. With a workforce of some 2,500* people at its headquarters in Frankfurt am Main and in 28 subsidiaries, it organises events around the world. Group sales in financial year 2024 were around € 780* million. We serve our customers’ business interests efficiently within the framework of our Fairs & Events, Locations and Services business fields. One of Messe Frankfurt’s key strengths is its powerful and closely knit global sales network, which covers around 180 countries in all regions of the world. Our comprehensive range of services – both onsite and online – ensures that customers worldwide enjoy consistently high quality and flexibility when planning, organising and running their events. We are using our digital expertise to develop new business models. The wide range of services includes renting exhibition grounds, trade fair construction and marketing, personnel and food services. Sustainability is a central pillar of our corporate strategy. Here, we strike a healthy balance between ecological and economic interests, social responsibility and diversity. For more information, please visit our website at: www.messefrankfurt.com/sustainability With its headquarters in Frankfurt am Main, the company is owned by the City of Frankfurt (60 percent) and the State of Hesse (40 percent). For more information, please visit our website at: www.messefrankfurt.com*Preliminary figures 2024 Media contact:Alicia KuPhone: +852 2230 9261Alicia.ku@hongkong.messefrankfurt.comMesse Frankfurt (HK) Ltd35/F China Resources Building,26 Harbour Road,Wanchai, Hong Kongwww.messefrankfurt.com.hk www.building.messefrankfurt.com.cn  Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-05-09

Thailand, Led by DPM Prasert, to Showcase Leadership in Hosting the 3rd UNESCO Global Forum on the Ethics of AI 2025

BANGKOK, May 8, 2025 - (ACN Newswire via SeaPRwire.com) - H.E. Prasert Chanruangthong, Deputy Prime Minister and Minister of Digital Economy and Society (MDES), is spearheading Thailand's efforts as the principal host for the global academic conference "The 3rd UNESCO Global Forum on the Ethics of AI 2025." This prestigious event will be held from June 24-27, 2025, at Centara Grand & Bangkok Convention Centre at CentralWorld, Bangkok.The conference is being organized under the leadership of three major Thai ministries – the Ministry of Digital Economy and Society (MDES), in collaboration with the Ministry of Higher Education, Science, Research and Innovation (MHESI), the Ministry of Education (MOE), and UNESCO – which have joined forces to create this significant platform. The forum will bring together leaders, representatives, experts, and academics from 194 UNESCO member states to exchange perspectives, share knowledge and critical information, and develop visionary frameworks that will establish the foundation for ethical AI frameworks that are transparent, fair, and respectful of human rights in accordance with international standards, specifically the 'UNESCO Recommendation on the Ethics of AI.' This collaborative effort aims to translate principles into concrete and sustainable practices, ensuring AI development proceeds in a direction that is genuinely responsible to global society.The conference will feature high-level policy discussions focusing on crucial topics including: human rights and balancing innovation with personal data protection in the digital era; AI policy, standards and transparent, accountable, and responsible practices; AI and the future of education, leading to transformative learning that increases opportunities; driving AI innovation and reducing inequality; and AI and the future of work, advancing sustainable digital economic development."Thailand is not only prepared to serve as the host country but is also ready to advance as a leader in AI ethics alongside the global community," stated H.E. Prasert Chanruangthong"We are eager to demonstrate our potential through a proactive role in advancing ethical considerations and AI governance policies that align with international standards. Additionally, we will present the direction of the AI Governance Practice Center, the first center for developing AI Governance capabilities in the Asia-Pacific region, which aims to promote international cooperation and accelerate the development of AI guidelines and standards in accordance with ethical principles and governance following UNESCO guidelines across numerous countries."In addition to the formal proceedings, conference participants will have the opportunity to experience and learn about the beauty of Thai culture up close. This includes immersing themselves in the grandeur of World Heritage sites, witnessing artistic expressions of the Thai spirit, and experiencing a lifestyle filled with unique charm. These cultural experiences not only reflect Thailand's proud identity but also represent a significant opportunity to showcase the country's soft power to an international audience, which will contribute to creating economic value for local areas in the future.Beyond the main conference, the event will feature diverse and engaging side events to encourage broader participation from educational institutions, academics, and interested experts through various activities under "Bangkok AI Week 2025." These include AI Pitching events from educational institutions, such as the "Beyond Green AI for a Thriving Future Pitch Competition" organized by the AI Engineering Institute (AIEI) and CMKL University, as well as the "Call for Papers – UNESCO Global Forum on Ethics of AI 2025" hosted by Burapha University. These side events will provide a platform for academics and experts to submit papers on ethics, governance, and sustainability related to AI, which will be presented and discussed in dedicated sessions, contributing to the establishment of 'A Landmark in AI ethics and policy' in Thailand.For more information, please visit the official website at https://www.globalforumethicsai.com/ or follow the Facebook page ETDA Thailand. https://www.facebook.com/ETDA.Thailand Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-05-08

UK Certifies Protector As First of Its Kind Remotely Piloted Aircraft

SAN DIEGO, CA, May 9, 2025 - (ACN Newswire via SeaPRwire.com) - The UK's Military Aviation Authority has issued a Military Type Certificate to the Royal Air Force's Protector RG Mk1 uncrewed aircraft, also designated the MQ-9B, certifying that it has passed a rigorous airworthiness assessment and verifying it's safe to operate without geographic restrictions, including over populous areas. This April 29 decision was a first-of-its-kind milestone for a large, unmanned aircraft system. It's a huge accomplishment for the UK and a technological watershed in the history of unmanned aircraft systems. GA-ASI is the first manufacturer of large, unmanned aircraft to receive an MTC based on rigorous compliance with STANAG 4671, the NATO standard for unmanned aircraft system airworthiness.Obtaining the MTC has been a goal of GA-ASI since the inception of the MQ-9B in January 2014. The company took its proven UAS platform, the MQ-9A, and added performance enhancing features while ensuring that the design was capable of meeting NATO's STANAG 4671 Edition 2 airworthiness requirements. To meet those rigorous requirements, the aircraft incorporates numerous enhancements not found on other large UAS. These include lightning protection, fire protection, anti-icing systems and a fatigue-and-damage-tolerant building block design approach. All flight critical software was designed in compliance with the rigor of Do-178/254. Mission software is rigidly separated from flight critical software. These features not only address the aircraft's airworthiness but also enhance its reliability and operational flexibility to levels unmatched by other UAS."Earning an MTC for MQ-9B was a herculean effort and a seminal achievement for our company," said GA-ASI CEO Linden Blue. "We invested over $500 million as part of an 11-year effort to develop an unmanned aircraft that meets NATO's rigorous airworthiness standards. This included three flight test aircraft, full component and system-level environmental testing to Do-160 and Mil-Standards (system level environmental testing at Elgin and Pax River), full scale static test airframe test to ultimate ground and flight loads, bird strike, hail protection and full-scale fatigue testing to three lifetimes (3x 40,000 notional aircraft flight hours = 120,000 hours total). Our engineers developed over 140,000 pages of detailed technical data verifying that the MQ-9B met those demanding requirements. I congratulate our team for this outstanding accomplishment, and I know our customers need this type certification, which will open civil airspace for their flight operations."The Royal Air Force continues to take delivery of new Protector aircraft at their home in the North of England at RAF Waddington. The UK has 10 aircraft of the 16 it has ordered."Achieving the award of a first in class Military Type Certificate has required years of dedication and perseverance and is a testament to the hard work of all involved. It is a privilege to be the first to be awarded an MTC for the Protector Air System," said Gp. Capt. Neil Venables, Type Airworthiness Authority and holder of the Protector Type Certificate.MQ-9B is the world's most advanced medium altitude, long endurance UAS. MQ-9B includes the SkyGuardian® and SeaGuardian® models as well as the Protector operated by the RAF.In addition to the UK, GA-ASI has MQ-9B orders from Belgium, Canada, Poland, Japan Coast Guard, Japan Maritime Self-Defense Force, Taiwan, India, and the U.S. Air Force in support of the Special Operations Command. MQ-9B has also supported various U.S. Navy exercises, including Northern Edge, Integrated Battle Problem, RIMPAC, and Group Sail.About GA-ASIGeneral Atomics Aeronautical Systems, Inc., is the world's foremost builder of Unmanned Aircraft Systems (UAS). Logging more than 8 million flight hours, the Predator® line of UAS has flown for over 30 years and includes MQ-9A Reaper®, MQ-1C Gray Eagle® 25M, MQ-20 Avenger®, and MQ-9B SkyGuardian®/SeaGuardian®. The company is dedicated to providing long-endurance, multi-mission solutions that deliver persistent situational awareness and rapid strike.For more information, visit www.ga-asi.com.Avenger, EagleEye, Gray Eagle, Lynx, Predator, Reaper, SeaGuardian, and SkyGuardian are trademarks of General Atomics Aeronautical Systems, Inc., registered in the United States and/or other countries.Contact InformationGA-ASI Media Relationsasi-mediarelations@ga-asi.com(858) 524-8101SOURCE: General Atomics Aeronautical Systems, Inc. Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-05-08

Malaysia Cybersecurity Center of Excellence Marks First Anniversary with New Partnerships, Scholarships and Expanded Programs

CYBERJAYA, MALAYSIA, May 8, 2025 - (ACN Newswire via SeaPRwire.com) - BlackBerry Limited (NYSE:BB)(TSX:BB) today announced several new initiatives in support of the Government of Malaysia's efforts to upskill and grow local talent and foster diversity in the nation's fast growing cybersecurity sector. To mark the 12-month anniversary of the Malaysia Cybersecurity Center of Excellence (CCoE), BlackBerry is providing scholarships for cybersecurity training to numerous women cyber-defenders, people with limited access to education and qualifications, as well as university lecturers and students.At a ceremony and open day in Cyberjaya today, BlackBerry also revealed it will soon be introducing EC Council Learning, an enhanced cybersecurity skill development platform to expand the CCoE's comprehensive curriculum with self-paced learning model for Malaysian Government employees, helping more men and women to complete courses in their own time. The hybrid cybersecurity program, featuring online and in-person modules, is expected to be announced in the coming weeks.Just over a year ago, Malaysia envisioned the Malaysia Cybersecurity Center of Excellence as a global hub for workforce training, skill development and intelligence-sharing. Today, through partnerships with BlackBerry, ASEAN and global leaders, the nation is advancing this mission-equipping Malaysians with critical cyber-skills to boost capacity, inclusivity and defense against digital threats.Over 40% of attendees at the Malaysia CCoE last year were women, reflecting positive diversity in the nation's cybersecurity sector. To build on this progress and create more opportunities for all, BlackBerry is expanding its partnership with the ISC2 Malaysia Chapter to offer 50 scholarships for Malaysian women to access specialized training at the CCoE. The flexible program will include in-person and online courses from June to July 2025, with recruitment starting this month. In addition, BlackBerry is working with 42KL, a tuition-free, self-paced computer science academy, to sponsor 25 CompTIA ITF+ certifications for individuals with limited access to traditional education opportunities.This news follows the recently announced partnership with Talent Corporation Malaysia Berhad (TalentCorp) to launch the CyberNext Program, a national initiative designed to equip Malaysian students and educators with essential cybersecurity skills. In Phase One of the partnership, BlackBerry and TalentCorp, together with training partners ISC2 and CompTIA, are offering free cybersecurity training for 1,000 students and 250 lecturers at the world-class facility, commencing from July.Senior Vice President for BlackBerry Secure Communications in APAC, Tash Stamatelos said, "In collaboration with the Government of Malaysia, we are proud to witness the Cybersecurity Center of Excellence (CCoE) thrive in its first year-strengthening partnerships, expanding programs, and offering scholarships that help to build digital human capital and support diversity in the cybersecurity sector. As a hub for learning, training, and collaboration, the CCoE is laying a strong foundation for cross-border and cross-sector engagement, advancing Malaysia's ambition to lead in cybersecurity excellence across ASEAN."Jodi Robinson, High Commissioner of Canada to Malaysia, said "In late 2024, the Government of Canada pledged a $3.9M CAD investment in cybersecurity skills training programs at the Malaysia CCoE, to be implemented by the Rogers Cybersecure Catalyst and BlackBerry - a clear example of Canada's Indo-Pacific Strategy in action. On this first anniversary, I commend the progress the Malaysian Government, BlackBerry, and its partners are making at the CCoE in addressing the critical shortage of cyber skills and advancing diversity in the sector. I look forward to the CCoE developing into a hub of regional cybersecurity excellence in Southeast Asia."For more information on the Cybersecurity Center of Excellence and the courses available, please visit here. To register for interest in the ISC2 scholarships for women, please visit here. To find out more about 42KL, please visit here.About BlackBerryBlackBerry (NYSE:BB)(TSX:BB) provides enterprises and governments the intelligent software and services that power the world around us. Based in Waterloo, Ontario, the company's high-performance foundational software enables major automakers and industrial giants alike to unlock transformative applications, drive new revenue streams and launch innovative business models, all without sacrificing safety, security, and reliability. With a deep heritage in Secure Communications, BlackBerry delivers operational resiliency with a comprehensive, highly secure, and extensively certified portfolio for mobile fortification, mission-critical communications, and critical events management.For more information, visit BlackBerry.com and follow @BlackBerry.Trademarks, including but not limited to BLACKBERRY and EMBLEM Design, are the trademarks or registered trademarks of BlackBerry Limited, and the exclusive rights to such trademarks are expressly reserved. All other trademarks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services.Media Contacts:BlackBerry Media Relations+1 (519) 597-7273mediarelations@BlackBerry.comSOURCE: BlackBerry Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-05-08

CALB (3931.HK) Announces Proposed Controlling Shareholding in Jiangsu Olive Sensors

HONG KONG, May 7, 2025 - (ACN Newswire via SeaPRwire.com) - On 6 May 2025, CALB Group Co., Ltd. (“CALB” or “the Company”, stock code: 3931.HK) announced that it intends to acquire 11% of the shares of A-share listed company Jiangsu Olive Sensors High-tech Corporation Limited (“Jiangsu Olive Sensors”, stock code: 300507.SZ) through the Share Transfer Agreement. Since the Jiangsu Olive Sensors’ original actual controller gives up majority of the voting rights, CALB will become the controlling shareholder and actual controller of Jiangsu Olive Sensors. The re-elected board of directors of Jiangsu Olive Sensors will consist of five directors, all of whom shall be nominated by CALB. In addition, Jiangsu Olive Sensors intends to private place its 15% shares to CALB, after these shares issuing, CALB’s shareholding and voting rights will increase to 22.61%.This transaction highlights expectations of the original actual controller of Jiangsu Olive Sensors for the strategic entry of CALB. Moreover, through the deep empowerment of CALB, Jiangsu Olive Sensors will be deeply integrated into the new energy industry chain, anchored in a broader market and sustained performance growth, and achieve a dual enhancement of performance and valuation in the wave of new energy development and revolution. Leveraging its global market presence and chain-leading position in the new energy sector, CALB will provide Jiangsu Olive Sensors with comprehensive, multi-scenario empowerment, further promoting Jiangsu Olive Sensors' future development across the upstream and downstream industrial chain.This transaction is one of the limited cases that H-share listed company acquires A-share listed company since the introduction of the “Six Articles on M&A”. It will become another benchmark case for M&A and restructuring to enliven the capital market and promote industrial upgrading. In April 2024, State Council of China issued “Nine New Guidelines” for capital market, which clearly indicated that it would intensify the reform of M&A and take measures to activate the market of M&A and restructuring. In September 2024, China Securities Regulatory Commission issued the New Measures Aimed at Guiding Mergers and Acquisitions among Listed Companies, which further pointed out that it supports listed companies to transform and upgrade themselves in the new qualitative productivity and encourages listed companies to strengthen industrial integration.In the background of M&A and restructuring wave continues to promote, CALB’s acquisition of holding Jiangsu Olive Sensors is a positive response to the national strategy but also plays a strategic practice of the “chain leader” role leading the new energy industry chain. This transaction will help to achieve the strong combination of the two companies and together to promote the high-quality development of the new energy industry through the two companies’ synergistic empowerment in many areas. Industry insiders pointed out that industrial upgrading and efficiency improvement due to M&A and integration is expected to result in a valuation premium, and industry chain leaders will have more opportunities for valuation reshaping.In fact, CALB and the target company Jiangsu Olive Sensors are both in the automotive industry chain and are the leading enterprises in their respective segments. CALB is the first EV battery company listed on the Hong Kong Stock Exchange. As a globally influential battery specialist, its passenger vehicle clients have covered major domestic and international automakers, including XPeng, Geely, Changan, GAC, Leapmotor, Toyota, Honda, Volkswagen, Audi. In the commercial vehicle sector, its key clients have encompassed leading enterprises across the light and heavy commercial vehicle fields such as Chery, Geely, Ruichi, Foton, Dongfeng, Sinotruk, XCMG, SANY, and Shaanxi Automobile. In the field of energy storage sector, CALB has established cooperative relationship with the “Five Leading and Six Major” power groups, and has achieved strategic cooperation with many leading enterprises such as Sungrow Power, SPIC, CNN Rich Energy and China Energy Construction, etc. In 2024, CALB’s installed capacity of EV batterie ranked fourth globally and the third domestically, and its energy storage cell shipments also ranked fifth globally, building a closed loop of the new energy industry ecosystem with a diversified layout covering all scenarios such as passenger vehicles, commercial vehicles, energy storage, ships, and eVTOL.For CALB, this acquisition will also further enhance the Company's value. It is reported that Jiangsu Olive Sensors, the target of this acquisition, is one of the leading domestic automotive sensor companies. The company has more than 30 years of professional experience in the industry. Since 2022, its revenue growth has continued to grow at double digits, and its business transformation has shown results. In recent years, with the rapid innovation of the automotive industry, new energy and intelligence have entered the critical phase, and Jiangsu Olive Sensors has also taken the initiative to transform and upgrade to the field of new energy vehicle parts. From an industry perspective, the sensors and thermal management systems it focuses on have important application space in the fields of battery intelligence and battery safety. Against this background, CALB will give full play to its resources and advantages in the new energy industry chain through M&A, empowering the business development of Jiangsu Olive Sensors and further enhancing the corporate value of both parties.Overall, CALB’s strategic deployment will leverage its resources and advantages across the new energy and automotive industry chains. This will enable it to empower high-potential targets with technological expertise, unlock the growth potential of Jiangsu Olive Sensors, and establish a development model where chain-leading enterprises drive innovation in specialized and sophisticated enterprises that produce new and unique products—ultimately accelerating industrial upgrading. Moving forward, the two parties are expected to foster more extensive and in-depth cooperation, creating synergies in industrial chain coordination and market expansion, thereby enhancing comprehensive competitiveness in new energy and smart technologies, enabling mutual growth and stronger market positions for win-win development. On a strategic level, CALB's acquisition of Jiangsu Olive Sensors may reflect longer-term and more profound strategic considerations.About CALBCALB is a new energy enterprise specializing in the research, production, sales, and market application development of lithium batteries, battery management systems, and related integrated products and lithium battery materials. As Battery Expert, we aim to build a comprehensive energy operation system, to provide complete product solutions and full life-cycle management for the new energy application market, represented by power and energy storage.Currently, CALB has completed an all-round layout in domestic by setting up industrial bases in Changzhou, Xiamen, Wuhan, Chengdu, Hefei, Jiangmen and Meishan. Meanwhile, CALB has set up bases in Europe and ASEAN, vigorously expanding the layout all over the world to become a global leading enterprise with large-scale intelligent manufacturing capabilities. Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-05-08

Ensign InfoSecurity Recognised in MITRE’s 2024 Impact Report for Contribution to Global Cyber Defence Research

SINGAPORE, May 8, 2025 - (ACN Newswire via SeaPRwire.com) - Ensign InfoSecurity (“Ensign”), one of Asia’s largest comprehensive cybersecurity services providers, is proud to be featured as a Research Sponsor in the 2024 MITRE Center for Threat-Informed Defense (CTID) Impact Report, commemorating the centre’s fifth anniversary.The report, available at https://ctid.mitre.org/resources/2024-impact-report/, highlights the collective contributions of organisations worldwide that have supported MITRE CTID’s mission to advance open, threat-informed defence against sophisticated cyber threats.Ensign InfoSecurity is honoured to be recognised as the first Singapore-based company to have contributed to this global initiative as a Research Sponsor during the centre’s earlier research programmes. This involvement reflects Ensign’s commitment to advancing cybersecurity innovation and strengthening the defence of Operational Technology (OT) environments and critical infrastructure.“Ensign believes that collaborative research, collective effort and open knowledge sharing are essential to tackling today’s complex cyber threat landscape. Partnering and supporting MITRE CTID’s mission of enabling threat-informed defence was a natural match because we use ATT&CK to guide detection across the OT analytics that we develop to identify sophisticated attack patterns,” said Mr Tan Ah Tuan, Head of Ensign Labs at Ensign InfoSecurity.Strengthening Global Cybersecurity Through Collaborative R&DEnsign’s participation in MITRE CTID’s research network aligns with the company’s strategic focus on developing robust, intelligence-led cybersecurity strategies that are globally accessible and locally relevant. Through this collaboration, Ensign has helped advance research that empowers critical sectors with effective, real-world defensive measures against emerging threats.This recognition also underscores Ensign’s position as a trusted partner to enterprises and government agencies in the protection of OT systems and critical infrastructure across Asia-Pacific.About Ensign InfoSecurityEnsign InfoSecurity is the largest comprehensive cybersecurity service provider in Asia. Headquartered in Singapore, Ensign offers bespoke solutions and services to address their clients’ cybersecurity needs. Their core competencies are in the provision of cybersecurity advisory and assurance services, architecture design and systems integration services, and managed security services for advanced threat detection, threat hunting, and incident response. Underpinning these competencies is in-house research and development in cybersecurity. Ensign has two decades of proven track record as a trusted and relevant service provider, serving clients from the public and private sectors in the Asia Pacific region.For more information, visit www.ensigninfosecurity.com or email media@ensigninfosecurity.com. Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-05-08

CTF Life Title-Sponsored ‘Fencing Plus’ Training Programme by Kai Tak Sports Initiative Officially Kicks Off

At the press conference: Denise Au-Yeung, Chief Strategy Officer, CTF Life (third from left); King-shing Tang, Director (Strategic Planning) of Kai Tak Sports Park (KTSP) (third from right); Chairman of the Hong Kong Fencing Association, Wing Sun Yeung (first from left); Programme Head Coach, newsletter@itspmagazine.com, Antonio Lam (first from right); Celebrities Panther Chan (second from right) and Mike Tsang (second from left).HONG KONG, May 7, 2025 - (ACN Newswire via SeaPRwire.com) - Title-sponsored by CTF Life and organised by Kai Tak Sports Initiative (KTSI), the "Fencing Plus" Training Programme ("Programme") officially kicked off at the Kai Tak Arena Grand Hall on 4 May 2025 and marked the inaugural participation for CTF Life-CIRCLE members. Through the holistic and structural development framework of the Programme, it aims to discover potential fencing athletes and cultivate a new generation of sports elites in Hong Kong, promoting the “Sports for All” culture and enhancing professionalism. Qualified apprentices will undergo a close to two-year structured training and can compete at the “Fencing Plus” Cup. Outstanding performers in the competition will receive professional training, and a chance to participate in the Hong Kong Under-14 Cadet Pre team. They will also have the opportunity to compete in the "Asian Youth Elite Fencing League", supported by CTF Life, sharing the stage with fencers from around the world. An Experiential Day was also held on the Kick-Off Day, where the public participated in challenges to test their fitness skills, in preparation for next year's registration for the programme.Among the distinguished guests at the Kick-Off Ceremony to witness this significant moment were Chief Strategy Officer of CTF Life, Denise Au-Yeung; Director (Strategic Planning) of Kai Tak Sports Park (KTSP), King-shing Tang; Chairman of the Hong Kong Fencing Association, Wing Sun Yeung and Head Coach of the Programme, Antonio Lam. The event also invited Hong Kong fencing athletes, Moriah Man Ngai See (Sabre); Yeung Chi Ka (Foil) and Clarence Lai Ka Tsun (Epee) to demonstrate the basic techniques of the three disciplines and give guidance to the young apprentices on stage. Celebrities Panther Chan and Mike Tsang also performed songs to cheer for the young fencers and experienced fencing under the guidance of Antonio Lam.CTF Life-CIRCLE Members join the Programme for the first time and enjoy unique experiencesMan Kit Ip, Executive Director and CEO of CTF Life, said, "Title-sponsoring the ‘Fencing Plus’ Training Programme by KTSI for the first time demonstrates our commitment to local sports development and offers opportunities for the next generation of athletes to shine on the international stage, creating value beyond sportsmanship. Furthermore, this edition marks the inaugural participation of CTF Life-CIRCLE members, reflecting our dedication to delivering unique and high-quality diverse experiences for our customers."Director (Strategic Planning) of Kai Tak Sports Park, King-shing Tang, expressed appreciation to the title sponsorship of CTF Life during his speech, “KTSI is dedicated to advance sports for all for the Hong Kong community through sports and fitness related activities open to participants of all skill levels and ages. ‘Fencing Plus’ Training Programme is our major initiative, and we extend our special gratitude to CTF Life for their title sponsorship, supporting young athletes to undergo high-quality training and take part in competitions, cultivating a new generation of fencing athletes.”Over 1,000 applicants aspire to become future fencersThe Programme received an enthusiastic response with over a thousand applications, including eligible children from underprivileged families whose participation was fully supported by CTF Life. The first stage of selection was held on the same day as the Kick-Off Ceremony, where about 800 successfully registered students participated in an interactive full-day test assessing their physical fitness abilities, including speed, agility and reflexes. Led by Head Coach, Antonio Lam, former Olympic Games representative of the Hong Kong Fencing Team and the Top Sabre Fencer in Hong Kong, he will guide a team of professional coaches to help apprentices build a solid foundation from the basic to the advanced levels through tailored instructions.CTF Life will also arrange a series of sports-related workshops, spanning nutrition, physiotherapy, sports journalism and commentary, to help young talent unleash their potential and achieve all-round development.As the exclusive Founding Insurance Partner of KTSP, the largest integrated sports and entertainment landmark in Hong Kong, CTF Life will continue to be in support of KTSP’s pursuit in bringing international events to Hong Kong, reinforcing the city’s position as the “Events Capital of Asia”. CTF Life • CIRCLE members will have the opportunity to gain priority access to international sports and entertainment events, as well as community service initiatives organised or sponsored by the Company, and enjoy a wealth of unique experiences.Details about the "Fencing Plus" Training ProgrammeStage One: 4 May, 2025Selection Day:Select potential participants from nearly 800 children aged 6-10 for basic trainingStage Two: July-August 2025Basic Training:Comprehensive and structured basic fencing training, including postures and movements, physical fitness training, and education on fencing rules and etiquetteStage Three: October-November 2025Advanced Training:Intensive and in-depth technical curriculum for participants who excel in the Basic Training to enhance their skillsStage Four:27-28 December 2025 (Tentative)CTF Life “Fencing Plus" Cup and Celebration:Put learning into practice during the competition and further experience the joy and challenges of competitive sportsStage FiveElite TrainingAbout CTF LifeChow Tai Fook Life Insurance Company Limited (“CTF Life”) is proud of its rich, 40-year legacy in Hong Kong. CTF Life is a wholly-owned subsidiary of CTF Services Limited (“CTFS”) (Hong Kong Stock Code: 659) and one of the most well-established life insurance companies in Hong Kong. As a member of Chow Tai Fook Enterprises Limited, CTF Life consistently strengthens its collaboration with the diverse conglomerate of the Cheng family (“Chow Tai Fook Group” or “the Group”) to support customers and their loved ones in navigating life’s journey with personalised planning solutions, lifelong protection and diverse lifestyle experiences. By leveraging the Group’s robust financial strength and strategic investments across the globe, CTF Life aspires to become a leading insurance company in Asia while continuously creating value beyond insurance.Media enquiriesCTF LifeBranding & CommunicationsDeronie Tan+852 2591 8504deronie.tan@ctflife.com.hkChow Tai Fook Life Insurance Company Limited (Incorporated in Bermuda with limited liability) Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-05-08

Wallace MacDonald Holdings (WMH) Ignites a New Era of American Manufacturing with Revolutionary “Made in America” Technology Complex in Nevada

Reno, NV, May 7, 2025 - (ACN Newswire via SeaPRwire.com) - WMH proudly unveils the United States' first fully integrated Technology Complex in Reno,Nevada, a historic $6.5 billion investment in American manufacturing that stands as a testament to President Donald J. Trump and Vice President JD Vance's unwavering commitment to restoring U.S. industrial prominence. This state-of-the-art facility will produce 100% domestically sourced semiconductor wafers, solar cell wafers, cutting-edge energy storage systems, and high-efficiency Heterojunction (HJT) Bifacial Solar Modules, while pioneering one of the world's most advanced aerospace research programs in collaboration with MIT and other leading institutions. Aligned with current administration's 6417- 6418 45X advanced manufacturing production tax credits (MPTC), Made in America, and Build America, Buy America (BABA) initiatives, the WMH Technology Complex embodies our fervent dedication to revitalizing U.S. manufacturing, strengthening national security, and driving sustainable economic prosperity. By leveraging pro-manufacturing and energy independence policies such as tax incentives, tariffs on foreign imports, regulatory streamlining, workforce development, and critical mineral access WMH ensures a resilient, self-sufficient supply chain, positioning the U.S. as the global leader in critical technology and aerospace sectors. This advanced technology complex is a beacon of American ingenuity, proudly showcasing our love for domestic manufacturing and our commitment to America, inspiring a brighter future for generations.Why WMH Will Lead as America's Premier Producer of Semiconductors, Solar Wafers, Energy Storage, and Aerospace Innovation.WMH is poised to redefine U.S. leadership in advanced manufacturing and aerospace through a vertically integrated, 100% domestic supply chain, producing:Semiconductor Wafers: Ultra-pure silicon wafers with defect rates below 0.01%, optimized for AI, 5G, and automotive applications (3nm-5nm process nodes), leveraging 99.8% pure silica for superior performance.Solar Cell Wafers and HJT Bifacial Modules: Photovoltaic cells with 25% energy conversion efficiency and HJT modules (600-770W, 24.6% efficiency) for utility-scale and commercial applications, optimized for 400-1100nm wavelengths.PerovHybrid Helix Energy Storage System (PHESS) Novexion Q12: A patented battery system with ~1.8-minute recharge (100C rate), 955.7-1276 Wh/kg energy density, and 20 kW/kg power density, revolutionizing microgrid, utility-scale, EV, satellite, and military applications.Aerospace Research and Development: In partnership with MIT, WMH will establish a world-class aerospace program to develop next-generation propulsion systems, fusion reactors, and advanced PHESS-based power systems for satellites and military applications, supported by a gifted program for young engineers and astrophysicists.The $6.5 billion investment across three phases will build domestic production capacity, expand our integrated campus, and create a hub for technological innovation. Our partnership with MB Rail, led by CEO Avory Beggs, a trailblazing second-generation leader, enhances logistics through a USA-made rail network, aligning with our current administration's focus on domestic infrastructure. Kristen Island, Director of Procurement, drives BABA-compliant sourcing, while Roderick Grier, Director of Civil and Structural Engineering, leverages American engineering to achieve global benchmarks. "Our engineering prowess, rooted in American resolve, builds a future where every wafer, cell, module, and propulsion system embodies the strength of our nation," Grier stated, encapsulating WMH's mission. This synergy, fueled by our passion for American manufacturing excellence, positions WMH as a global leader.Strategic Alignment with Trump and Vance's Manufacturing and Energy PoliciesMADE IN THE USA Partner & Strategic manufacturer Solarix VA, USA Builds Partnership with WMH, Due to the Domestic Supply Chain Needs of the U.S. Clean Energy Sector In the face of growing urgency to re-shore and secure America's clean energy supply chain, Solarix (VA, USA) and WMH have forged a powerful partnership grounded in shared values, complementary expertise, and a bold industrial vision. This strategic alignment unites Solarix's leadership in U.S.-made HJT solar modules with WMH's fully integrated, domestic technology complex-creating a vertically aligned solution for solar, semiconductor, and energy storage components. By combining our engineering talent, production capabilities, and American manufacturing spirit, Solarix and WMH are answering the nation's call for energy security, domestic job creation, and resilient infrastructure.info@solarix.groupCurrent administration's policies have been pivotal in enabling WMH's $6.5 billion project, creating an ecosystem where American manufacturing and innovation thrive:These policies, championed by the current administration, foster thousands of high-skill jobs, eliminate foreign supply chain vulnerabilities, and cement U.S. leadership in semiconductors, renewable energy, energy storage, and aerospace. WMH stands shoulder-to-shoulder with their "Made in the USA" mission, honoring their vision for a manufacturing renaissance that ensures prosperity for American workers, communities, and future generations.Technical Excellence and InnovationUltra-Pure Raw MaterialsWMH's proprietary access to 99.8% pure silica (0.02% impurities), sourced from U.S. mines under the Critical Minerals Security Act, enables:Semiconductors: High-performance chips with <0.01% defect rates, supporting 3nm-5nm nodes for AI, 5G, and automotive (10(15) cm-3»³ carrier concentration).Solar Modules: 25% cell efficiency and 24.6% module efficiency, with anti-reflective coatings (ARC) optimized for 400-1100nm wavelengths, reducing reflection losses to <2%.PHESS and Aerospace: Ultra-pure silica for perovskite synthesis and HTS coils, ensuring high-purity YBCO superconductors for magnetic reconnection.Advanced Manufacturing EcosystemThe $6.5 billion investment across three phases delivers:Phase 1 (2025-2026, $2.5B): 3,200 high-skill jobs (mechanical, electrical, nuclear, process engineering) and 5,000+ construction roles, injecting $1.2B into Nevada's economy. Establishes semiconductor and solar production, plus initial aerospace research facilities with MIT.Phase 2 (2026-2027, $2B): Scales production to 10,000 wafers, 5,000 cells, 1,000 HJT modules, and 500 PHESS modules/day, adding 2,000 jobs. Expands aerospace program with fusion reactor prototypes and gifted engineering program.Phase 3 (2027-2028, $2B): Full capacity at 50,000 wafers, 20,000 cells, 5,000 HJT modules, and 1,000 PHESS modules/day, with 8,000 total jobs. Completes aerospace campus, producing PHESS-based propulsion systems and satellite power units.Key technologies include:Horn Glass Industries: Supplies 1000-8000 TPD glass lines for float, pattern, and 2mm solar glass, with 99.9% transparency.Semiconductor Furnaces: Enable ingot production with precise dopant control (boron/phosphorus) for p-type/n-type wafers.Automated Metrology: Ellipsometry, X-ray diffraction, and impedance spectroscopy ensure <0.005% variance in wafer thickness and module efficiency.Scalability: Modular design from 10 kWh (residential) to 100 MWh (utility-scale), with stackable helix modules.Pulsed Magnetic Reconnection Details:PHESS production integrates with WMH's complex, using domestic silica for perovskite synthesis and HTS coils, ensuring BABA compliance and leveraging CHIPS and Science Act and Advanced Energy Research and Development Act funding.Aerospace Research Program with MITIn collaboration with MIT and other leading institutions, WMH will establish a technologically advanced aerospace program within the Nevada Technology Complex, supported by the Advanced Energy Research and Development Act. Key initiatives include:Fusion Reactor Development: Designing compact fusion reactors for clean energy and propulsion, targeting 100 MW output by 2030, using PHESS-derived magnetic reconnection principles.PHESS-Based Propulsion Systems: Developing lightweight, high-density PHESS units (1500 Wh/kg by 2028) for satellite and military applications, enabling 10x longer mission durations.Gifted Engineering and Astrophysics Program: A selective program for 100+ young engineers and astrophysicists annually, mentored by MIT faculty, to innovate in fusion, propulsion, and PHESS systems for space and defense.Military Applications: Ultra-reliable PHESS units for drones, satellites, and directed-energy systems, enhancing national security under Trump's America First defense priorities.The aerospace program will occupy a 2M ft² campus within the complex, with $1B of the $6.5B investment dedicated to R&D, creating 1,000+ specialized jobs.Sustainability and Economic ImpactWMH reduces carbon emissions by 30% through:Energy-Efficient Processes: 20% lower kWh/unit via optimized PECVD, CZ, and HTS systems.Renewable Integration: 50MW on-site solar and 10MW wind power, supported by the Clean Energy Manufacturing Initiative and Energy Independence and Security Act.Circular Economy: 95% material recycling for silica, glass, and metals, aligning with Trump's American Energy Dominance resource efficiency focus.The $6.5B investment creates 8,000+ direct jobs and 15,000+ indirect jobs, with $2.5B annual economic impact by 2028. Partnerships with UNR, UNLV, and MIT train 1,500+ engineers and astrophysicists annually, bolstered by the American Workforce Policy Advisory Board.Strategic Advantages of NevadaLogistics: Proximity to I-80 and Union Pacific rail, enhanced by MB Rail's rail park, supported by the Infrastructure Investment and Jobs Act.Talent: 10,000+ STEM graduates annually, with MIT's involvement elevating expertise, trained via Trump's Hire American policies.Governance: $50M in state incentives from Governor Joe Lombardo, GOED, and EDAWN, aligned with federal-state synergy.Strategic PartnershipsWMH collaborates with:Talent: 10,000+ STEM graduates annually, with MIT's involvement elevating expertise, trained via Trump's Hire American policies.Governance: $50M in state incentives from Governor Joe Lombardo, GOED, and EDAWN, aligned with federal-state synergy.Strategic PartnershipsWMH collaborates with:New Intermodal Site : Owned and managed, revolutionizing logistics efficiency.General Contractor : Partnering with a globally acclaimed North American construction services firm known for delivering mega projects.A&E Design Firms : SSOE, a globally acclaimed firm with 76 years of expertise in the battery/solar industries, chosen to design our cutting-edge complex.Rail Logistics Consultation and Engineering : Via Rail Engineering, crafting a regional rail park for robust material flows.Horn Glass Industries AG : Providing world-class glass plant consultation and engineering.Linde Chemical & Gas : Supplying critical materials to power our advanced manufacturing.Government Partners : Nevada Governor's Office of Economic Development (GOED), Reno/Sparks/Tahoe Economic Development Authority of Western Nevada (EDAWN), The Honorable Joe Lombardo, Governor of Nevada, and The Honorable Donald J. Trump, President of the United States of America.Contact press@wallacemac.com or visit wallacemac.com.Leadership VisionHygenes A. Garcia, WMH Director of Engineering, with close to 30 years of Advanced Technology Facilities (ATF) experience, states: "Inspired by current administration vision, WMH's $6.5B Nevada complex is a monument to American manufacturing and innovation. Our 100% domestic supply chain, HJT modules, PHESS technology, and MIT-led aerospace program redefine resilience, prosperity, and global leadership. We invite partners to join us in making America the world's manufacturing and technological powerhouse."About WMHWMH is a leader in U.S. advanced manufacturing and aerospace, producing 100% domestically sourced semiconductors, solar wafers, modules, energy storage systems, and propulsion technologies. With offices in Arizona, Nevada, Florida, and New York, WMH drives innovation and economic growth.Media Contact: press@wallacemac.com Technical Contact: Tech@wallacemac.comWMH Engineering & Development: 2325 East Camelback Road, Suite 417, Phoenix, AZ 85016WMH Corporate Headquarters: 830 Brickell Plaza, Floor 32, Miami, FL 33131Economic Impact: 3,200+ jobs in Phase 1, $1.2B economic injection.Strategic Partners: SSOE, Via Rail Engineering, Linde Chemical & Gas, Horn Glass Industries, Governor Joe Lombardo, and federal/state agencies.Contact: press@wallacemac.com, Tech@wallacemac.comAs WMH pioneers vertical integration in solar wafer, module, and energy storage production, strategic allies like H2GEMINI are enabling the domestic ecosystem with advanced fabrication equipment and recycling infrastructure. Together, these U.S.-based efforts create a powerful manufacturing corridor that fulfills President Donald J. Trump's call for energy independence, technological supremacy, and American resilience .H2GEMINI , a global leader in high-efficiency solar manufacturing solutions, has launched a major U.S. expansion-building a 25,000 m² facility in Nevada dedicated to producing advanced equipment for:Epitaxial wafer fabricationTurnkey HJT production linesWafer manufacturing systemsPV module assemblyIntegrated recycling for end-of-life panels"This administration has created the environment we've been waiting for-one that values speed, innovation, and domestic capability," said Uwe Habermann , CEO of H2GEMINI. "By producing our high-efficiency solar technologies in the U.S., we reduce costs for partners, create local jobs, and contribute to a more resilient energy future.""We're not just producing equipment-we're investing in American talent and a self-reliant clean energy future," added Lisa Grant , VP of U.S. Manufacturing.H2GEMINI deliberately waited for President Trump's return to office before launching U.S. production, aligning its investment with a policy environment focused on reshoring, permitting reform, and industrial revitalization. Their Nevada expansion complements WMH's Technology Complex by powering the very tools used in American wafer and module production-forming a closed-loop supply ecosystem that is 100% Made in America .Patriotic Leadership and Strong AlliancesWMH stands shoulder-to-shoulder with President Trump and Vice President JD Vance , embracing the call to Make America Great Again by restoring high-skill manufacturing. Our coalition includes:MB Rail - Logistics powered by a next-gen intermodal site led by Avory Beggs , a trailblazing American CEOSSOE Group - A 76-year veteran of solar and battery plant designLinde Chemical & Gas , Horn Glass , and Via Rail Engineering - Leading global providers in materials, systems, and transportInvestor Opportunity: Reshoring's Next Major PlayBacked by a patriotic vision and unmatched vertical integration, WMH offers investors a unique position in exploding markets:Semiconductors : $150B by 2030Solar : $200B by 2028Energy Storage : $435B by 2030Technologies that touch AI, aerospace, defense, EVs, and the gridA Vision Worth Building"Wallace MacDonald is leading a revival of American innovation," said Hygenes Garcia, President of WMH . "With our Nevada complex, we're not just building technology - we're building legacy. We invite investors, partners, and communities to join us as we restore American greatness and light the way for generations to come."Contact & InfoWallace MacDonald HoldingsEngineering & DevelopmentPress: press@wallacemac.comTechnical: tech@wallacemac.comWebsite: wallacemac.com2325 E Camelback Rd #417Phoenix, AZ 85016H2GEMINI Media ContactUwe Habermann, CEOinfo@h2gemini.comSOURCE: Wallace MacDonald Holdings Inc. Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-05-08

Aster Guardians Global Nursing Award Unveils Top 10 Finalists for 2025 from 100,000+ Registrations

Over 100,000 registrations received from nurses across 199* countries - a 28% increase from the third edition, which received 78,000+ registrations.One of the shortlisted Top 10 finalists will be honoured with the grand title award and a prize of USD 250,000.These finalists were selected following a rigorous evaluation process, led by esteemed expert jury and grand jury panels. The entire process is independently moderated by the appointed "Process Advisors" Ernst & Young LLP.DUBAI, May 8, 2025 - (ACN Newswire via SeaPRwire.com) - Aster DM Healthcare has today announced the Top 10 finalists for the fourth edition of Aster Guardians Global Nursing Award - a prestigious global recognition with USD 250,000 prize money, that honours the exceptional contributions of nurses worldwide. These 10 finalists were selected from a record-breaking pool of 100,000+ registrations across 199* countries, through a stringent evaluation process led by expert jury and Grand jury panels members. The entire process is independently moderated by the appointed "Process Advisors" Ernst & Young LLP.The top 10 finalists for 2025 includes: Catherine Maree Holliday (Centre for Community-Driven Response, Switzerland), Edith Namba (Mount Hagen Provincial Hospital, Papua New Guinea), Fitz Gerald Dalina Camacho (Mediclinic City Hospital, UAE), Dr. Jed Ray Gengoba Montayre (The Hong Kong Polytechnic University, Hong Kong SAR), Dr. Jose Arnold Tariga (Insight Global Health, USA), Khadija Mohamed Juma (Tudor Subcounty Hospital, Kenya), Maheswari Jaganathan (Cancer Research Malaysia), Naomi Oyoe Ohene Oti (Korle-Bu Teaching Hospital, Ghana), Dr. Sukhpal Kaur (PGIMER, India), Vibhaben Gunvantbhai Salaliya (Hospital for Mental Health, India). To know more about the top 10 finalists, please visit: https://www.asterguardians.com/Dr Azad Moopen, Founder Chairman, Aster DM Healthcare, said "The Top 10 finalists have demonstrated extraordinary dedication, skill, and compassion in their work - selected from over 100,000 registrations that were received for the 4th edition of Aster Guardians Global Nursing Award. These nurses are not just healthcare providers, but true leaders, pushing boundaries and making a profound impact in their communities. Their exceptional contributions deserve to be recognized, and through this award, we celebrate their passion and commitment to improving lives across the globe."The fourth edition of the Aster Guardians Global Nursing Award will not only present the grand prize of USD 250,000 to the winner, but also honour the other nine finalists with recognition and rewards. The final round will feature interviews with distinguished members of the Grand Jury, including: Prof. Sheila Tlou, Co-Chairperson of the Global HIV Prevention Coalition and Special Ambassador of the African Leaders Malaria Alliance, Botswana; Prof. James Buchan, Adjunct Professor at the WHO Collaborating Centre, University of Technology, Sydney, and Editor Emeritus of the Human Resources for Health Journal; Dr. Peter Carter, OBE Awardee and Independent Healthcare Consultant, Former CEO of Central & Northwest London NHS and Former CEO of the Royal College of Nursing, UK; Dr. Niti Pall, President-Elect at the International Diabetes Federation, Senior Consultant at AXA EssentiAll, France, and Board Chair of Harbr & Managing Director of Health4all Advisory, UK; and Mr. Vishal Bali, Executive Chairman of Asia Healthcare Holdings, Senior Advisor at TPG Growth, and General Council Member of the Neonates Foundation of India.The final stage will involve public voting and interviews with distinguished members of the Grand Jury, with the winner set to be announced at a gala event in Dubai, UAE on May 26, 2025. *As per data.worldbank.org/countryAbout Aster DM Healthcare FZC in GCCFounded in 1987 by Dr. Azad Moopen, Aster DM Healthcare is a leading integrated healthcare provider, with a strong presence across 5 countries in the GCC and Jordan. Aster is committed to the vision of providing accessible and high quality healthcare, from primary to quaternary services, with its promise of "We will treat you well". The organisation's robust integrated healthcare model includes 15 hospitals, 122 clinics, and 313 pharmacies in GCC serving all segments of the society through three differentiated brands: Aster, Medcare and Access. Aster consistently adapts to meet the evolving needs of patients, ensuring access to quality healthcare through both physical and digital channels which is exemplified with the launch of the region's first healthcare super app, myAster.About Aster DM Healthcare Limited, IndiaAster DM Healthcare Limited is one of the largest healthcare service providers operating in India with a strong presence across primary, secondary, tertiary, and quaternary healthcare through 19 hospitals with 5,128 beds, 13 clinics, 203 pharmacies (Operated by Alfaone Retail Pharmacies Private Limited under brand license from Aster), and 254 labs and patient experience centers across 5 states in India, delivering a simple yet strong promise to different stakeholders: "We'll Treat You Well."For more information about us, please contact:Lavanya MandalHead of PR and Internal CommunicationsAster DM HealthcareTel: +971 528126577Email: lavanya.mandal@asterdmhealthcare.com Udhayan Sasidharan NairManager - PR & CommunicationsAster DM HealthcareTel: + 971 508850520Email: udhayan.nair@asterdmhealthcare.com Annexure / Editor's Note -The top 10 finalists for 2025 include:Catherine Holliday, Centre for Community-Driven Response, Switzerland: Catherine Holliday founded the Centre for Community-Driven Response (CCDR) to embed patient experience as a core pillar of health policy, alongside clinical and economic evidence. Through the creation of the PEEK (Personal Experience, Expectations, and Knowledge)protocol, she has built one of the world's largest repositories of patient experience data - over 2,000 interviews shaping strategies across countries and ensuring patients become active hosts in their own care. Catherine also pioneered the Pathways Specialist Nurse Service, a nurseled Telehealth model delivering triage, assessment, and education to underserved, crisis-affected, and remote communities. Her model redefined Telehealth in nursing, expanding access for people with disabilities, mental health conditions, and chronic diseases in low-resource settings. Catherine was named one of the WHO's 100 Outstanding Women Nurses and Midwife Leaders (2020), received the Australian Health Minister's Award for Nursing Trailblazers (2022), and was honored with the President's Award for Legacy Contribution by the Australian Primary Health Care Nurses Association (2024).Edith Namba, Mount Hagen Provincial Hospital, Papua New Guinea: Edith Namba is a courageous nursing leader whose 27-year journey has been instrumental in advancing patient care, spearheading public health initiatives, and specializing in gender-based violence response programs. Triggered by the urgent needs she witnessed during cholera outbreaks and gender-based violence crisis, Edith has led systemic change - pioneering emergency care for survivors, playing a crucial role in piloting Family Support Centres in rural areas, and training health workers to provide holistic care. Edith has also received recognition from CIMC for her work of volunteerism in the fight against of Gender based Violence in Papua New Guinea. Her initiatives have reduced preventable harm, advanced gender equity, and redefined what it means to lead in healthcare - not from behind a desk, but at the heart of crisis and community.Fitz Gerald Dalina Camacho, Mediclinic City Hospital, UAE: Fitz Gerald Dalina Camacho is a nurse educator whose journey was ignited by a deep conviction that safe, high-quality care begins with empowered, well-trained nurses. Fitz has played a key role in enhancing safety protocols and education systems across hospitals in the Middle East. His initiatives include the establishment of the Life Support Training Center in collaboration with the American Heart Association, the design and launch of the Continuous Medical Education (CME) Program, and the development of Adult and Pediatric Nursing Upskilling Programs. These efforts combine hands-on innovation with global standards. Fitz's passion for equity also extends beyond the hospital, as he actively teaches and volunteers with underserved communities.Dr. Jed Ray Gengoba Montayre,Centre for Evidence-Based Practice for Healthcare Policy, The HongKong Polytechnic University, Hong Kong SAR: Dr. Jed Ray Gengoba Montayre is a globally recognised Gerontologist, Researcher and Policy Influencer whose work drives systems-level change in ageing, caregiver support, and the global nursing workforce. He has led multiple World Health Organization commissioned projects, including a global review of community-based age-friendly interventions that informed the WHO Age-Friendly Framework, and a critical analysis of strategies to improve science literacy during public health emergencies. His pioneering contributions to nursing education - such creation of an interdisciplinary program Master of Ageing, Wellbeing, and Sustainability - has redefined how future health leaders are trained. Dr. Montayre's research and digital innovations, including telecare for socially isolated older adults, continue to shape inclusive, evidence-based care across borders. His contributions have earned him numerous accolades, including the prestigious "Distinguished Educator in Gerontological Nursing" award from the U.S.-based National Hartford Center of Gerontological Nursing Excellence in 2021. He was also honoured with the "Vice-Chancellor Excellence in Research" award for Early Career Research at Western Sydney University in 2022 and named "New Zealand Young Nurse of the Year" in 2016.Dr. Jose Arnold Tariga, Insight Global Health, USA: Dr Jose Arnold Tariga is a transformative nursing educator and global health advocate whose mission was sparked by his own early struggles navigating bias as a highly qualified, non-western trained nurse entering the U.S. healthcare system. Turning adversity into action, he developed the groundbreaking International Transition to Practice Program (ITPP), a model now shaping how internationally educated nurses bridge clinical, cultural, and communication gaps. From designing rapid upskilling modules during COVID-19 to challenging systemic inequities in nursing education, his work has elevated standards, improved retention, and expanded access. Prior to his move to the USA, he spent over 9 years in the UAE driving education and training for staff at multiple organizations, delivering lectures and workshops recognized by the Department of Health.Khadija Mohamed Juma, Tudor Subcounty Hospital, Kenya: Khadija Mohamed Juma is a Kenyan nurse and social innovator revolutionizing blood donation access through her tech-enabled platform, RedSplash. In just five years, she has led over 500 blood donation campaigns, collected more than 25,000 units of blood, and saved an estimated 75,000 lives -transforming Kenya's approach to emergency care. Recognized by the Commonwealth Youth Awards and featured on global media, Khadija's Smart Donor Search app connects donors to patients in real time, all while breaking cultural taboos and mobilizing over 500 volunteers. Her bold, community-driven approach is redefining the future of healthcare accessibility in Africa.Maheswari Jaganathan, Cancer Research Malaysia: Maheswari Jaganathan is a nationally recognized oncology nurse leader who pioneered Malaysia's Patient Navigation Program, which has transformed breast cancer care by reaching over 4,700 newly diagnosed women and closing critical gaps in access and equity. This program -now implemented across multiple hospitals in Malaysia-integrates clinical support with financial, legal, and emotional advocacy, dramatically improving patient outcomes. Recognized by the World Health Organization, her work is redefining nursing as a force for system change. She plans to set up a Navigation Academy for Southeast Asia - a regional hub of learning and collaboration focused on system change, AI, mHealth, and research, further positioning nurses at the forefront of healthcare transformation.Naomi Oyoe Ohene Oti, Korle-Bu Teaching Hospital, Ghana: Naomi Oyoe Ohene Oti is a nationally and internationally recognized oncology nurse leader and recipient of multiple honours for her contributions to cancer care, research, and education in Africa. She played a crucial role in the setting up a formal oncology nurse training program in Ghana. Through her leadership, the centre had trained over 60 oncology nurse specialists and 10 breast care nurses. She is a member of education and training committee for the African Organisation for Research and Training in Cancer (AORTIC), and coinvestigator on Global Bridges Oncology GM Grant, she has shaped continental competencies and policies in cancer nursing, while mentoring more than 48 nurses from African nations. Her initiatives in driving nurse-led education and research - are revolutionizing cancer care and positioning nursing as a central force in Africa's cancer control response.Dr Sukhpal Kaur, PGIMER, India: Dr. Sukhpal Kaur is a pioneering force in Indian nursing whose 34-year career has redefined how evidence-based care reaches the most vulnerable. Motivated by the urgent need for nurse-led innovation in underserved settings, she played a key role in securing national interdisciplinary research grants - developing mobile apps, home-care protocols, and indigenous therapies that have improved outcomes for cancer patients, bedridden elders, and rural families. From contributing to nurse-led specialty clinics to transforming education through simulation and competency based learning, her work bridges academic excellence with grassroots impact - making compassionate, research-driven care accessible where it's needed most.Vibha Salaliya, Hospital for Mental Health, India: Vibha Salaliya is a nationally recognized mental health nurse and recipient of the Florence Nightingale Award. She has been instrumental in implementation of the Peer Support Volunteer (PSV) model, which has now scaled across four government mental hospitals in Gujarat. Through this revolutionary initiative, over 3000 individuals with mental illness have achieved economic independence, and 426 patients have transitioned from care receivers to care givers-breaking the stigma and cycle of institutionalization. Her clinical innovations have drastically reduced hospital stay durations from 90 to 43 days by integrating psychotherapeutic approaches, life skills training, family reintegration strategies, and vocational rehabilitation initiatives. She has also trained over 6000 frontline professionals across Gujarat.SOURCE: Aster DM Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-05-08

Sensiba Welcomes Six New Partners in Firm’s Largest Single-Year Expansion

SAN RAMON, CA, May 8, 2025 - (ACN Newswire via SeaPRwire.com) - Sensiba LLP, ranked among the Top -75 U.S. accounting and consulting firms, is pleased to announce the addition of six new partners to its ownership group, effective May 1, 2025.This milestone marks the largest single-year partnership expansion in Sensiba's history and reflects the firm's international growth, including its recent acquisition of cybersecurity audit and risk assurance firm AssuranceLab. The move also underscores Sensiba's continued focus on delivering forward-thinking, technology-enabled services to clients across dynamic markets.The firm's partner group now includes 30 leaders, nearly half of whom are women, significantly exceeding the accounting industry's average and reinforcing Sensiba's commitment to diversity and leadership equity."We're proud to welcome this outstanding group of professionals to our partnership," said Managing Partner John Sensiba. "They've all shown an unwavering commitment to our clients, our colleagues, and the communities we serve. Their leadership will help drive our focus on tech-enabled innovation as we work with clients to navigate their evolving security and compliance challenges across dynamic markets."Introducing Sensiba's New Partners:Scott Dritz - As a Risk Assurance Partner, Scott Dritz helps clients strengthen their cybersecurity posture and streamline ISO compliance. His leadership expands Sensiba's risk assurance capabilities and supports organizations navigating today's complex security landscape.Masha Herzbrun - Tax Partner Masha Herzbrun advises venture capital and technology clients on tax compliance and strategic planning. She brings specialized expertise in tax issues for startups and investors across complex corporate, federal, and state tax matters, including the compliance implications of cryptocurrencies. She also advises individuals who are general partners or owners of venture capital and technology clients on tax compliance.Natela Katamadze - Audit Partner Natela Katamadze focuses on serving clients across the venture capital sector, supporting investment entities from emerging funds to established multi-fund entities. Her areas of expertise include fund of funds, real estate investments, and digital asset investments, including complex fund structures, allocation methodologies, and valuations.Lexie Ling - Tax Partner Lexie Ling specializes in venture capital partnership taxation, international tax compliance, and multi-state strategies. She has extensive experience serving venture capital funds and fund of funds. She works closely with partnerships and high net worth individuals to develop forward-looking tax solutions that support long-term growth and compliance.Nicholas Lew Ton - Partner Nicholas Lew Ton drives Sensiba's enhancements to client experience and service delivery. As Cofounder and former Co-CEO of AssuranceLab, he has built high-performing teams and guided hundreds of SaaS and cloud technology clients through compliance journeys. He is known for aligning teams around shared goals and modernizing how firms deliver client service at scale.Paul Wenham - Partner Paul Wenham leads Sensiba's innovation strategy and supports the firm's continued strategic growth. As Cofounder and former Co-CEO of AssuranceLab, he pioneered the development of modern, client-centered cybersecurity audits and compliance solutions, blending smarter systems with human-centered design.About SensibaSensiba's global accounting, tax, risk assurance, and consulting services help businesses and people solve problems, establish trust, and build a foundation for sustainable growth. As an independent, partner-owned firm ranked among the Top 75 U.S. accounting and consulting firms, Sensiba serves clients throughout North America, APAC, and EMEA. We're passionate about collaborating with clients to increase efficiency, mitigate risk, and embrace emerging opportunities. As a certified B Corp, we foster a culture where people, families, and communities thrive. As a member of Morison Global, we support our clients' international accounting and tax needs. For more information, visit Sensiba.com.CONTACT:Marc Stevens, Brand & Communications Manager925-271-8700 x7166mstevens@sensiba.comSOURCE: Sensiba LLP Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-05-08

WIKA Reduces Debt by Rp1.47 Trillion, Improves Bond Rating in Q1-2025

JAKARTA, May 7, 2025 - (ACN Newswire via SeaPRwire.com) - The construction industry is under pressure by challenging global economic conditions. This is reflected by new contracts secured by PT Wijaya Karya (Persero) Tbk (WIKA) of only Rp2.16 trillion, which is lower compared to the same period the previous year. However, the Company booked Rp4.84 trillion in sales, comprising Rp3.11 trillion from non-joint operation projects (Proyek Non-Kerjasama Operasi) and Rp1.73 trillion from joint operation projects (Proyek Kerjasama Operasi, “KSO”).Sales were mainly generated from the building and infrastructure segment, EPC, construction-related industries, and real estate property. The sales achievement enabled WIKA to book a gross profit of Rp393.46 billion, of which Rp231.33 billion came from non-KSO projects and the remainder from KSO projects.WIKA’s consistent restructuring efforts have successfully reduced debts on its balance sheet to financial institutions and business partners by Rp1.47 trillion in Q1-2025 compared with 2024.These positive achievements were also followed by proposals that were approved by bondholders, especially for the Wijaya Karya Shelf Registration Bond II Phase II Year 2022. This reflects stakeholders’ support for the Company’s ongoing restructuring plans. As a result of the approval, the credit rating agency, PT Pemeringkat Efek Indonesia (PEFINDO), upgraded WIKA’s Shelf Registration Bond II Phase II Year 2022 Series A rating from idD to idCCC. However, the Company must seek support from sukukholders of the Wijaya Karya Shelf Registration Sukuk Mudharabah II Phase II Year 2022 to approve the proposals presented, which are part of the Company’s restructuring plans.“The Company expresses its deepest appreciation for the trust and support given by stakeholders. The ongoing restructuring plans are not only focused on improving our financial structure but also on strengthening our fundamentals and operations to attain greater excellence and maintain business sustainability,” said Agung BW, President Director of WIKA.PT Wijaya Karya (Persero) Tbk. [IDX: WIKA]Contact: Mahendra VijayaSekretaris PerusahaanEmail: mahendra.v@wikamail.id  Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-05-07

Global Survey Reveals Urgent Gaps in Awareness, Access, and Treatment for Hepatitis D

LONDON, May 6, 2025 - (ACN Newswire via SeaPRwire.com) - A new report released today by the World Hepatitis Alliance (WHA) reveals widespread knowledge gaps, inequities in access, and critical systemic barriers impeding the global fight against hepatitis delta.Also known as hepatitis D, hepatitis delta is a severe liver disease affecting an estimated 12 million people worldwide. It occurs in people living with hepatitis B, leads to faster disease progression, and significantly increases the risk of liver cancer and death.The Hepatitis Delta Global Landscape Survey collected responses from 583 individuals across 102 countries, providing the most comprehensive picture to date of global stakeholder perspectives on awareness, testing, and treatment access around hepatitis delta.Key Findings:There are pronounced regional variations in reported availability and accessibility of hepatitis delta testing and treatment.Even where hepatitis delta testing and treatment are reported to be available, accessibility remains a significant challenge.Both direct and indirect costs are reported as considerable barriers to equitable access to hepatitis delta treatment and care.There are pronounced gaps in knowledge and awareness of hepatitis delta reported by all stakeholders with pronounced regional variations.Lack of knowledge is reported as the most common barrier to both testing and treatment.A third of respondents did not feel sufficiently informed to identify the barriers to hepatitis delta testing and treatment.HCPs reported low levels of training around hepatitis delta, and most expressed a clear interest in further education."These findings highlight an urgent need for coordinated action to scale up hepatitis delta education, diagnosis, and care," said Cary James, CEO of WHA. "Without informed providers, empowered communities, and accessible health services, millions will remain undiagnosed and untreated."Calls to Action:Increase both availability and accessibility of testing and treatment for hepatitis delta in health systems.Address the issues of direct and indirect costs of testing and treatment to increase engagement by communities.Adopt testing policies to follow WHO recommendations on reflex testing for hepatitis delta.Inform people living with hepatitis B of the need to test for hepatitis delta through culturally competent awareness campaigns.Provide more robust training on hepatitis delta to healthcare professionals throughout their career progression.Increase provision of knowledge and awareness programmes for community-based organisations and policymakers.Implement skills-building programmes for community-based organisations so they can better advocate to policymakers and public health officials for greater access to testing, treatment and care.Download the full report: www.worldhepatitisalliance.org/hepatitis-d-surveyNote to Editors:For further information or interview requests contact: Cary James, Chief Executive, World Hepatitis AllianceEmail: contact@worldhepatitisalliance.orgAbout WHA:The World Hepatitis Alliance is an international network of 400 civil society and community organisations across more than 100 countries. It is dedicated to harnessing the power of people living with viral hepatitis to drive its elimination. At WHA, member organisations are the cornerstone of the alliance, working collaboratively to combat hepatitis through advocacy, capacity building, and awareness-raising efforts. WHA also holds countries accountable to their commitments to elimination, fostering action by partnering with a diverse range of organisations worldwide, from local civil society groups to ministries of health and global institutions. www.worldhepatitisalliance.orgSOURCE: World Hepatitis Alliance Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-05-07

OMP Achieves Top Two Rankings in Four Use Cases in the 2025 Gartner Critical Capabilities for Supply Chain Planning Solutions Report

ANTWERPEN, BELGIUM, May 6, 2025 - (ACN Newswire via SeaPRwire.com) - OMP, a global leader in supply chain planning solutions, has achieved four second-highest scores across five Use Cases, evaluated in the 2025 Gartner® Critical Capabilities for Supply Chain Planning Solutions report. This report, a companion to the Gartner Magic Quadrant™, assesses the vendors of the SCP solutions evaluated in this research.This recognition follows OMP's recent position as highest on the Ability to Execute axis in the 2025 Gartner Magic Quadrant for Supply Chain Planning Solutions - marking the tenth consecutive time OMP is named a Leader.Consistent strength across real-world planning challengesThe Critical Capabilities report evaluates 20 vendors on 15 key capabilities across five SCP Use Cases. We believe OMP's scores, particularly in supply planning, decision/plan alignment, and the breadth of resource types, demonstrate its strong performance in these critical areas."Supply chains today need real solutions that deliver measurable impact, and this report validates our ability to do just that," says Philip Vervloesem, Chief Commercial & Markets Officer at OMP. "Unison Planning™ stands out in end-to-end multi-enterprise planning and decision/plan alignment, two capabilities essential in today's fast-moving landscape. It enables smart, fast, and unified decision-making in complex environments."Unison PlanningTM: enabling real-time, data-driven decisionsOMP's Unison Planning™ is an open, cloud-native, and AI-driven platform that supports supply chain planning across all layers, from strategic to operational, and from supply to demand. Designed for agility and resilience, it enables real-time collaboration, optimization, and response."By embedding generative AI and explainable AI (XAI) into every layer of the platform - from data-driven forecasting to scenario management - we empower planners to adapt with speed and intelligence," adds Tom Wouters, Chief Product Officer at OMP."Proven performance, global trust"We believe recognition in both the Magic Quadrant and the Critical Capabilities reports underscores our ability to execute and to deliver real business value," concludes Kurt Gillis, Chief Industry & Commercial Officer at OMP. "It reflects our deep industry expertise, which allows us to develop real solutions for industry-specific challenges. We're proud to help global leaders across industries turn complexity into a competitive edge."Gartner, Critical Capabilities for Supply Chain Planning Solutions, Pia Orup Lund, et. Al, 14 April 2025.Gartner, Magic Quadrant for Supply Chain Planning Solutions, Pia Orup Lund, et. Al, 14 April 2025Gartner and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.DisclaimerGartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.Contact InformationPhilip VervloesemChief Commercial & Markets Officerpvervloesem@omp.com+1-770-956-2723SOURCE: OMP Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-05-06

WIKA Wins Two Prestigious ESG Awards for Commitment to Sustainability and Social Responsibility

JAKARTA, May 6, 2025 - (ACN Newswire via SeaPRwire.com) - PT WIJAYA KARYA (Persero) Tbk (WIKA) continues to demonstrate its commitment to being a national construction company with business performance excellence as well as sustainability and social responsibility performance. In April 2025, WIKA received two prestigious awards: InvestorTrust’s “Best Corporate Emission Reduction Transparency Award 2025” and The Iconomics’ “7th Indonesia CSR Brand Equity Awards 2025” for the Construction category.The ”Best Corporate Emission Reduction Transparency Award 2025” was convened at the Sultan Hotel in Jakarta on Tuesday, 29 April 2025. The award was presented to companies that actively contributed towards national and global decarbonization efforts. WIKA was one of 95 selected awardees for its transparency and commitment to reporting and managing carbon emissions. Of the 370 companies nominated, WIKA was selected for having fulfilled the key criteria, including the timely release of the 2023 Sustainability Report, transparent emission declarations, and compliance with environmental governance principles without any serious legal conflicts.On the same day, WIKA received another award in the “7th Indonesia CSR Brand Equity Awards 2025”, which was presented by The Iconomics dan Axia Research held at the Ministry of Transportation building. The event carried the theme “Developing Brand Companies with Government’s CSR Goals.” It served as a platform to recognize companies that have built strong and effective brand identities through CSR initiatives aligned with national development objectives. WIKA was recognized to have consistently incorporated sustainability values into its business strategy. The Company also demonstrated a strong commitment to implementing social responsibility programs that have a genuine impact on the environment and society.“We believe a company’s success is determined not only by its financial performance but also by the good impact that it has on society and the environment. These two awards serve as motivation for everyone at WIKA to continue innovating and making meaningful contributions,” said Agung Budi Waskito (BW), President Director of WIKA.As an important partner in national development, WIKA continues its active role in sustainability through various initiatives, from implementing inclusive and targeted CSR programs to energy efficiency and carbon emission management. WIKA remains committed to developing a responsible business that delivers added value to all stakeholders.PT Wijaya Karya (Persero) Tbk. [IDX: WIKA]Contact:Mahendra VijayaSekretaris PerusahaanEmail: mahendra.v@wikamail.id  Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-05-06

Eastern River Pty Ltd Marks Major Milestone with Appointment of Tom Paras as Managing Director – Head of Fund Investments

ADELAIDE, AUS, May 6, 2025 - (ACN Newswire via SeaPRwire.com) - With more than 30 years of executive experience in the property and investment sectors, Tom brings an extraordinary depth of expertise spanning office, retail, industrial, and residential asset classes. He has held senior leadership roles at several high-profile organizations, including CEO of Panda Global Funds, where he led operations across international markets, and as a senior specialist at Payton Capital, recently acquired by ASX-listed HMC Capital. He has also served as Senior Executive - Investments at Occasio Funds Management.Before joining Eastern River, Tom played a pivotal role in a number of corporate advisory and capital raising mandates across both domestic and international markets, with deep investor networks in the UAE, Asia, and the Americas. His global perspective and strategic insight will be instrumental in driving Eastern River's next phase of expansion.Tom has also served as a Non-Executive Director for several China-based companies seeking ASX listings, further demonstrating his unique capability in cross-border corporate structuring and capital markets. Beyond the boardroom, Tom holds equity positions across multiple businesses and investment entities in property development, construction, and venture capital. He holds an MBA and several professional diplomas in corporate and investment disciplines."Bringing Tom into the business is a landmark moment for Eastern River. His track record and depth of experience align perfectly with our long-term vision of becoming a leading force in the private investment and funds management sector," said Tekauri Ryan Hurst, CEO & Executive Director of Eastern River Pty Ltd.For media inquiries or interview requests, please contact:Mrs. Sally PetersPublic Relations OfficerEastern River Pty LtdEmail: media@easternriver.comWebsite: www.easternriver.comSOURCE: Eastern River Pty Ltd Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-05-06

Northway Biotech Launches Full-Service Viral Clearance Studies, Delivering Results Faster Than Industry Standards

VILNIUS, LT, May 5, 2025 - (ACN Newswire via SeaPRwire.com) -  Northway Biotech, a biopharmaceutical contract development and manufacturing organization (CDMO), today announced the expansion of its protein-based and gene therapy service offerings with the addition of Viral Clearance Studies (VCS) capabilities. This strategic growth follows the opening of Northway Biotech's new Gene Therapy Center with dedicated cGMP facilities for virus-related projects.With six newly established, identical BSL-2 laboratories now operational, Northway Biotech can conduct VCS programs for up to six clients simultaneously, significantly alleviating current market bottlenecks. Additionally, the company has expanded its capabilities to perform GMP-compliant manufacturing and testing under BSL-3 conditions, further strengthening its service offering across gene therapy and broader biologics development.Viral Clearance Studies are now offered both as part of Northway Biotech's integrated CDMO programs and as a standalone service. This flexibility allows external clients to access VCS expertise independently, without requiring a manufacturing agreement.Accelerated Delivery Timelines - Over One Month Faster Than IndustryLeveraging expanded infrastructure and integrated analytical capabilities, Northway Biotech is positioned to deliver Viral Clearance Studies substantially faster than the current industry standard. Comprehensive studies, assessing viral removal and inactivation, can now be completed with final regulatory-compliant reporting in under 10 weeks from initiation of project design when two model viruses are employed, and within 12 weeks when four model viruses are used."Our expansion into Viral Clearance Studies is a natural extension of our CDMO services, enabling us to manage these critical studies in-house and significantly reduce project timelines for our clients," said Prof. Vladas Algirdas Bumelis, CEO of Northway Biotech. "By investing in state-of-the-art BSL-2 and BSL-3 facilities, expanding technical capabilities, and further strengthening our scientific teams, we are uniquely positioned to deliver high-quality VCS data faster - a key advantage for clients advancing through clinical development and regulatory approval."For more information on Northway Biotech's Viral Clearance Study processes, service offerings, and delivery timelines, please complete the contact form to connect with the Northway Biotech team.About Northway Biotech - https://www.northwaybiotech.comNorthway Biotech is a leading contract development and manufacturing organization (CDMO) supporting customers worldwide. Its highly experienced and professional team executes projects at every stage, from cell line construction and process development to cGMP manufacturing of biopharmaceutical products. The company's extensive expertise and vertically integrated service offering enables rapid execution of multiple projects from its state-of-the-art GMP facilities while ensuring full process and product compliance at all stages of research, development, and commercial manufacturing. Northway Biotech is a privately owned company founded in 2004 and operates locations in Vilnius, Lithuania; London, United Kingdom; and Waltham, MA, USA.Media & Business Contact:bd@northwaybiotech.comProf. Vladas Algirdas BumelisCEO and Chairman of the BoardNorthway Biotechvladas.bumelis@northwaybiotech.comContact InformationVladas BumelisCEO and Chairman of the Boardvladas.bumelis@northwaybiotech.comSOURCE: Northway Biotech Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-05-06