KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 29 May 2025 – In trading, success greatly depends on the ability to take a step back from a situation and assess it without bias. This becomes much easier when understanding of financial markets is not clouded by overly optimistic or unrealistic expectations carried into each trading session. Octa, a globally regulated broker since 2011, breaks down some expectations traders build up when starting trading and explains why these starting points are better left behind. Expectation #1: All brokers offer transparent conditionsDepending on their experience with various financial services, some traders may…
Author: Quyen N
The AI Wave is Here—The Future is Within Reach From AI-powered customer service to personalized marketing, Hong Kong startups are redefining traditional business models with practical AI solutions. Unlike high-end generative AI development, most applications now integrate AI into existing operations, driving efficiency and profitability in banking, insurance, retail, and more. For example, AI-driven chatbots can boost customer conversion rates by 30%, while smart data analytics can slash retail inventory costs by up to 20%. Amid Hong Kong’s challenging market, AI+ Power 2025 offers low-cost, high-impact solutions to help businesses stand out in the competition. Curated by BGOV, AI+ Power…
Group sales US$3,648 million – down 4% compared to the prior year Gross profit US$843 million or 23.1% of sales (compared to US$851 million or 22.3% of sales in the prior year) Adjusted EBITA US$344 million or 9.4% of sales (compared to US$343 million or 9.0% of sales in the prior year) Net profit attributable to shareholders totalled US$263 million – an increase of 15% compared to the prior year Underlying net profit, adjusted to exclude non-cash foreign exchange rate movements and restructuring charges, totalled US$274 million – an increase of 9% Free cash flow from operations totalled US$286 million…
SURABAYA, INDONESIA – Media OutReach Newswire – 28 May 2025 – VinFast has announced its participation in the Indonesia International Motor Show (IIMS) Surabaya 2025, where it will feature the largest booth at the event. Significantly, the VF 6 B-segment SUV will be showcased for the first time in Indonesia, expanding VinFast’s diverse product portfolio to better serve the country’s varied mobility needs. This move marks an important milestone in VinFast’s expansion strategy, underscoring its commitment to establishing a strong presence in the Indonesian market. The right-hand drive VinFast VF 6 showcased for the first time at IIMS Surabaya 2025,…
BANGKOK, THAILAND – Media OutReach Newswire – 28 May 2025 – AECOM, the world’s trusted infrastructure consulting firm, is proud to participate as Gold Sponsor and Operators Lounge Sponsor at Asia Pacific Rail 2025. This premier industry event, held at BITEC, Bangkok from May 28-29, 2025, brings together visionaries and innovators to shape the future of rail transport. AECOM showcases innovative digital solutions and sustainable practices in delivering complex rail infrastructure projects at Asia Pacific Rail 2025. Ranked 1st in both the Transportation and Mass Transit and Rail categories by Engineering News-Record, AECOM will showcase innovative digital solutions and sustainable…
BEIJING, CHINA – Media OutReach Newswire – 28 May 2025 – China Media Group (CMG) unveiled the world’s inaugural humanoid robot fighting competition on Sunday in Hangzhou City, east China’s Zhejiang Province, marking a milestone in robotics innovation. Dubbed the “Mech Combat Arena Competition,” this high-energy event showcased robots engaging in choreographed combat, performing moves like jabs, uppercuts and kicks. As part of CMG’s broader World Robot Competition Series – which includes robot football and basketball – the tournament blends education and entertainment, aiming to popularize cutting-edge robotics through immersive, theme-based spectacles. How robots learned to fightBehind the robots’ seemingly…
HONG KONG SAR – Media OutReach Newswire – 28 May 2025 – The 9th Elevator Pitch International Competition (EPIC 2025), organised by Hong Kong Science and Technology Parks Corporation (HKSTP), has only 3 weeks left for global startups with their anchor in FinTech, and new tech tracks Digital Health and Green Tech, respond to the call to one of Asia’s largest innovation arenas. Participants will 60-second pitch their way to business matching and investment opportunities for a lift towards success. Last Call! Global Startups to Get on Board EPIC 2025 Supported by 20 global financial and corporate partners collectively managing…
24/7 customer support across all time zones Tailored solutions for international logistics hotspots Alpha Augmented Services accelerates global expansion strategy ZUG, SWITZERLAND – EQS Newswire – 28 May 2025 – Alpha Augmented Services AG (Alpha Augmented Services), a global pioneer in software-driven supply chain optimization, continues to accelerate its global growth. The company has entered into a strategic partnership with a strong local partner in Shenzhen, China. In addition to establishing a presence in this rapidly growing economic hub—China’s third-largest city—Alpha Augmented Services is now also operating through offices in Hong Kong and Singapore.Massimo Rossetti, CEO and Co-Founder of Alpha…
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 28 May 2025 – Hong Leong Bank Berhad (“Bank” or “HLB”), (BM: HLBANK) today announced its results for the nine months ended 31 March 2025 (“9MFY25”). New milestones achieved with total asset and gross loans/financing crossing the RM300 billion and RM200 billion mark for the first time respectively. Operating profit before allowances for 9MFY25 grew 13.2% y-o-y to RM2,924 million. Non-interest income for 9MFY25 improved by 34.1% year-on-year (“y-o-y”) to RM1,115 million. Upholding solid asset quality metrics as reflected by low Gross Impaired Loan (“GIL”) ratio of 0.57%. Kevin Lam, Group Managing…
APR introduces its sustainably produced Viscose and Lyocell by Sateri fibres to the Vietnamese market SaigonTex 2025 represents APR’s largest presence in Vietnam to date, reinforcing its commitment to the country’s growing textile industry SINGAPORE – Media OutReach Newswire – 28 May 2025 – Asia Pacific Rayon (APR), a leading global manufacturer of viscose staple fibre products, has rolled out its viscose and lyocell products to potential buyers at the SaigonTex 2025 trade show, as part of a wider effort to support the creation of a more sustainable textiles sector in Vietnam.At SaigonTex, APR, a member of the Royal Golden…
MACAU SAR – Media OutReach Newswire – 28 May 2025 – On May 21, the Galaxy International Convention Center came alive with the enchanting sounds of string music, as melodies from the shores of the Mediterranean traversed thousands of miles to grace the coastline of Macau. Galaxy Macau™, the award-winning luxury integrated resort, presented a spectacular musical extravaganza—”Galaxy Music Gala: A Musical Journey from Monaco to Macau” – to commemorate the 30th anniversary of diplomatic relations between China and Monaco. Over one hundred political, business, and classic music lovers gathered for an unforgettable evening where music spoke louder than words.…
SINGAPORE – Media OutReach Newswire – 28 May 2025 – Alcatel-Lucent Enterprise, a leading provider of secure networking and communications solutions that enable organizations and industries to accelerate their operational efficiencies and competitiveness, is pleased to announce the appointment of Sandrine El Khodry as the new Executive Vice President of Global Sales & Marketing, reporting directly to the company CEO, Yann Zhang.From her extensive roles within ALE and the wider IT and network communications industry, Sandrine brings a robust record of senior sales leadership as well as deep expertise in the market dynamics of global enterprise. She has consistently driven…
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 28 May 2025 – According to Coinbase’s April 2025 Monthly Outlook, the total crypto market capitalisation (excluding Bitcoin) has fallen by 41% from $1.6 trillion in December 2024 to $950 billion in early April 2025. This was the sharpest decline in over two years, pulling valuations below levels seen throughout most of the 2021–2022 cycle. However, the sell-off was far from uniform. While Bitcoin has shed less than 20% at the beginning of April, altcoins have experienced a 41% wipeout, underscoring a distinct capital flight towards more established digital assets. Most recently,…
SINGAPORE – Media OutReach Newswire – 28 May 2025 – CDNetworks, the APAC-leading network to deliver edge as a service, today released its latest State of Web Application and API Protection (WAAP) Report. The report shows that CDNetworks’ security platform intercepted 887.4 billion web attacks targeting applications and APIs in 2024, marking a 21.4% increase compared to the previous year.The report also highlights a rise in both the intensity and sophistication of attacks, fueled by the rapid adoption of AI automation tools. In 2024, terabit-level DDoS attacks increased nearly tenfold, with 86% lasting more than 10 minutes. At the same…
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 28 May 2025 – AEON Bank, Malaysia’s pioneer Islamic digital bank, commemorates its first anniversary on 26 May. In conjunction with this milestone, the bank extends its appreciation to its valued customers throughout Malaysia. Within a single year of operation, AEON Bank has garnered recognition as a preferred daily digital banking solution among Malaysians, who consistently utilize its intuitive mobile application and Debit Card-i for digital payments and online transactions.”In this digital landscape, consumers increasingly seek banking products and services characterised by accessibility, security and seamless integration with their lifestyles. Since our…
HONG KONG SAR – Media OutReach Newswire – 27 May 2025 – The board of directors of Oi Wah Pawnshop Credit Holdings Limited (HKEx stock code: 1319.HK, the “Group” or “Oi Wah”) announced its annual results and its financial position. For the year ended 28 February 2025 (“FY2025”), the Group recorded revenue of approximately HK$164.3 million and profit attributable to shareholders of the Company of approximately HK$55.9 million. During the year, net interest margin slightly improved to 16.5%.Leveraging the strategic partnership fund established in collaboration with PACM Group (Holdings) Limited (“PACM Group”), the Group is committed to proactively expanding its…
HONG KONG SAR – Media OutReach Newswire – 27 May 2025 – In a rare convergence of economic and environmental expertise, three landmark studies released today by ADM Capital Foundation, HKUST and WWF-Hong Kong, presenting a transformative vision—Hong Kong can reinvent itself as Asia’s premier blue economy hub. The reports—Port 1.0 to Port 2.0 (HKUST), Blue Finance for a Blue Economy (ADMCF), and Valuing the Invaluable Blue (WWF-Hong Kong)—all agree that the city has a unique opportunity in this moment, wherein: Global shipping reforms are creating openings for blue finance leadership Port redevelopments can integrate ecological and economic value Marine…
Investment aims to deepen brand–creator partnerships and boost performance-driven marketing for brands and sellers in Southeast Asia New features include new affiliate channel, custom storefronts, and performance dashboards Affiliates can unlock higher commissions and gain strategic support ahead of mega campaigns such as 6.6 and 11.11 KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 27 May 2025 – Lazada, a leading eCommerce platform, today announced an annual investment of US$100 million in the Lazada Affiliate Programme (“LazAffiliate Programme”). Unveiled at the Lazada Affiliates Southeast Asia Awards 2025 held at the W Hotel Bangkok, the strategic investment will fuel elevated commission…
HONG KONG SAR & SHANGHAI, CHINA – Media OutReach Newswire – 27 May 2025 – Hang Lung Properties Limited (SEHK stock code: 00101) (the “Company” or “Hang Lung”) announced that the Company has increased its portfolio of renewable energy-powered properties in mainland China from 50% to 80% of its operating properties. The three additional properties—Forum 66 and Palace 66 in Shenyang, and Olympia 66 in Dalian—have transitioned to renewable energy sources since May 1, 2025, and are the first commercial developments in Liaoning Province to achieve this milestone. Forum 66, Palace 66, and Olympia 66 are the first commercial developments…
SINGAPORE – Media OutReach Newswire – 27 May 2025 – Prudential Singapore (“Prudential”) has launched GenAI XPonential, a new programme in partnership with the Infocomm Media Development Authority (IMDA) to accelerate the adoption of Generative AI (GenAI) among small and medium-sized enterprises (SMEs). Unveiled by Senior Minister of State for Digital Development and Information, Mr Tan Kiat How, at ATxEnterprise – an Asia Tech x Singapore (ATxSG) event held today – the programme is in support of the Digital Enterprise Blueprint and aims to equip SMEs with practical knowledge and real-world use cases to strengthen AI adoption.As part of the…