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PM Edition: Top 10 Business Articles on LiveNews.co.nz for June 15, 2026 – Full Text

PM Edition: Top 10 Business Articles on LiveNews.co.nz for June 15, 2026 – Full Text

PM Edition: Here are the top 10 business articles on LiveNews.co.nz for June 15, 2026 – Full Text

Generated June 15, 2026 06:00 NZST · Included sources: 10

1. New District Court Judges appointed

June 12, 2026

Source: New Zealand Government

Attorney-General Hon Chris Bishop has announced the appointment of 4 new District Court Judges.  

The appointees will take up their roles in July and October, filling vacancies at the Dunedin, Timaru and Auckland Courts.  

Source: New Zealand Government

Attorney-General Hon Chris Bishop has announced the appointment of 4 new District Court Judges.  

The appointees will take up their roles in July and October, filling vacancies at the Dunedin, Timaru and Auckland Courts.  

Those taking up appointment to the District Court are:

Maurice John Casey

Mr Casey has over 25 years’ experience in Family Law, including childcare disputes, relationship property, elderly care and mental health law. His experience encompasses relationship property matters, family protections claims, care of children, relocation, Hague convention proceedings, Mental Health Law and Elder Welfare Law. 

He has held appointment as Lawyer for Child for over 10 years and has also been appointed as Lawyer to assist the Court.  In January 2024, Mr Casey left partnership in the Napier law firm Carlie Dowling and is now a barrister sole, practising in Family Law and mediation.     

Judge Casey will be based at the Timaru District Court and is due to be sworn in on 30 July 2026.

Bryony Ann Millar

Ms Millar has been a Barrister Sole since 2007 based in Blenheim.  She manages a diverse practice which includes, family, relationship property and youth advocate work as well as handling criminal matters.  

She has been Counsel for Subject Person since 2013 and lawyer for Child since 2007, a member of the Crown prosecution Panel from 2011 to 2016 and a member of the Children, Young Persons and their Families/Oranga Tamariki, Blenheim Care and Protection Panel from 2008 to 2020.  

Ms Millar was the first woman President of the Marlborough Branch of the NZLS and a Standards Committee member from 2017 to 2020.

Judge Millar will be based at the Dunedin District Court and is due to be sworn in on 13 July 2026.

Tiffany Mary Cooper, KC

Ms Cooper started her career practising commercial and civil law and has been a litigator since 2004 when she began work at Hamilton Crown Solicitor Almao Douch. This was followed by a move to Meredith Connell in 2005 where she was a Senior Associate before joining the independent bar in 2014. Her Auckland based practice now primarily consists of criminal defence work. 

While her practice specialises in sexual assault cases, Ms Cooper represents clients in all criminal matters including drug and homicide cases. She regularly represents clients in appeals against conviction and sentence and was appointed as a Kings Counsel in 2022.

Judge Cooper will be based at the Auckland District Court and is due to be sworn in on 29 July 2026.

Erin Lee Woolley

Coroner Woolley was appointed as a relief coroner in October 2020, becoming a permanent coroner in November 2022.  

Her background is as a criminal prosecutor and she was an associate at Meredith Connell from 2013 to 2020. She also has expertise in advising public and private-sector entities on regulatory compliance issues and previously worked for a law firm in the United Kingdom where she advised large multinational companies, providing advice on regulatory aspects of their business.  

Judge Woolley will be based at the Auckland District Court and is due to be sworn in on 6 October 2026.

Original source: https://nz.mil-osi.com/2026/06/12/new-district-court-judges-appointed/

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2. Taupō fishing regulation updates increase bag limits

June 11, 2026

Source: New Zealand Government

Taupō District’s trout bag limits will increase for the new fishing season, improving stock quality and creating more opportunities for anglers and local businesses, Hunting and Fishing Minister James Meager says.

Mr Meager has approved a bag limit increase from six to eight trout, taking effect from 1 July.

Source: New Zealand Government

Taupō District’s trout bag limits will increase for the new fishing season, improving stock quality and creating more opportunities for anglers and local businesses, Hunting and Fishing Minister James Meager says.

Mr Meager has approved a bag limit increase from six to eight trout, taking effect from 1 July.

“Lake Taupō trout are heavily dependent on their primary food source, smelt, to grow quickly and maintain condition. However, data shows smelt levels are under pressure due an imbalance from the large trout population,” Mr Meager says.

“Taupō spawning streams are often described as ‘hyper productive’, generating huge numbers of juvenile trout annually. Angler harvest is essential to maintaining a healthy population.

“Increasing the bag limit is a logical, evidence-based decision. History has shown a collapse in smelt numbers dramatically impacts the size and condition of trout.

“This win-win move will improve fishing conditions, encourage greater participation, put more food on the table for families, and benefit local businesses.

“The Taupo trout fishery is a world-renowned angling destination, attracting visitors from all over the world while providing strong fishing opportunities for locals.

“It is also a significant resource for the local economy, with annual sales revenue of around $1.3m generated from the sale of around 30,000 fishing licences. The fishery supports hundreds of local jobs and contributes to tens of millions of dollars in business turnover.

“It is vital this resource is well managed to ensure its viability for years to come.”

Mr Meager has also approved several minor regulation changes, designed to simplify the rules and make them easier for anglers to understand.

“This includes the removal of the fixed February closure at Lake Otamangakau. A more responsive management approach will be adopted, which looks closely at predicted weather patterns,” Mr Meager says.

“These changes are yet another example of our Government’s commitment to improving freshwater fishing opportunities for all New Zealanders.”

Original source: https://nz.mil-osi.com/2026/06/11/taupo-fishing-regulation-updates-increase-bag-limits/

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3. Maximum Contribution Applying in Each Region From 1 July 2026

June 11, 2026

Source: New Zealand Ministry of Health

Under section 53 of the Residential Care and Disability Support Services Act 2018, the Director-General of Health has determined the maximum contribution that applies in each region for long-term aged residential care.

The maximum contribution is the maximum weekly amount (inclusive of GST) that a resident assessed as requiring long-term residential care (through a needs assessment and service coordination agency) is required to pay for contracted care services provided to them in the region in which their rest home or continuing care hospital is located.

Source: New Zealand Ministry of Health

Publication date:
11 June 2026

Background

Under section 53 of the Residential Care and Disability Support Services Act 2018, the Director-General of Health has determined the maximum contribution that applies in each region for long-term aged residential care.

The maximum contribution is the maximum weekly amount (inclusive of GST) that a resident assessed as requiring long-term residential care (through a needs assessment and service coordination agency) is required to pay for contracted care services provided to them in the region in which their rest home or continuing care hospital is located.

The maximum contribution is the same for all residents regardless of the type of contracted care services they receive. It is equivalent to the rest home contract price applying to residential care facilities in each region.

The maximum contribution set by this notice applies from 1 July 2026 and replaces the previous maximum contribution notice published in the New Zealand Gazette, 24 June 2025, Notice No.2025-go3402.

Description of Regions

The appendix of this notice sets out the maximum contribution rates. The appendix contains two parts:

  • Part 1, which sets out the rates that apply within Territorial Local Authority (TLA) boundaries; and
  • Part 2, which sets out the rates that apply within specific Statistical Areas, which are smaller subregions within the TLA boundaries specified in Part 1.

The rate specified for the relevant region in Part 1 applies unless the facility is in a statistical area region set out in Part 2, in which case the rate specified in Part 2 applies. This reflects that a higher maximum contribution rate applies in the isolated rural localities represented by the Statistical Area Regions in Part 2 of the Table.

Statistics New Zealand has a geographic boundary viewer that displays the TLA areas and statistical areas in the appendix on a map of New Zealand. See here for more information: Geographic Boundary Viewer

Health New Zealand will notify residences of the maximum contribution rate that applies to their facility. The facility will inform residents.

Needs Assessment and Service Coordination (NASC) Agencies, Specialised Processing Services, the Ministry of Social Development and residential care providers will also be able to advise the maximum contribution rate for a facility. 

Dated at Wellington this 28th day of May 2026.

RUTH ISAAC, Acting Director-General of Health.

Appendix: 2026–27 Maximum Contribution rates 

Part 1: Territorial Local Authority Region Maximum Contribution Weekly $ (GST Inclusive)
Far North District $1,518.65
Whangarei District $1,551.55
Kaipara District $1,562.61
Rodney District $1,588.37
North Shore City $1,628.97
Waitakere City $1,596.63
Auckland City $1,634.43
Manukau City $1,618.19
Papakura District $1,588.37
Franklin District $1,547.35
Thames-Coromandel District $1,568.35
Hauraki District $1,524.46
Waikato District $1,524.46
Matamata-Piako District $1,524.46
Hamilton City $1,562.68
Waipa District $1,524.46
Otorohanga District $1,557.29
South Waikato District $1,513.33
Waitomo District $1,562.68
Taupo District $1,551.55
Western Bay of Plenty District $1,547.35
Tauranga City $1,570.31
Rotorua District $1,551.55
Whakatane District $1,540.63
Kawerau District $1,562.61
Opotiki District $1,562.61
Gisborne District $1,521.80
Wairoa District $1,589.91
Hastings District $1,545.95
Napier City $1,545.95
Central Hawke’s Bay District $1,545.95
New Plymouth District $1,545.95
Stratford District $1,518.65
South Taranaki District $1,524.46
Ruapehu District $1,562.68
Wanganui District $1,524.46
Rangitikei District $1,562.61
Manawatu District $1,518.65
Palmerston North City $1,540.63
Tararua District $1,518.65
Horowhenua District $1,518.65
Kapiti Coast District $1,551.55
Porirua City $1,551.55
Upper Hutt City $1,540.63
Lower Hutt City $1,572.83
Wellington City $1,597.05
Masterton District $1,521.80
Carterton District $1,518.65
South Wairarapa District $1,518.65
Tasman District $1,578.64
Nelson City $1,578.64
Marlborough District $1,540.63
Kaikoura District $1,547.35
Buller District $1,557.29
Grey District $1,513.33
Westland District $1,557.29
Hurunui District $1,568.35
Waimakariri District $1,547.35
Christchurch City $1,556.80
Banks Peninsula District $1,600.69
Selwyn District $1,591.31
Ashburton District $1,529.78
Timaru District $1,524.46
Waimate District $1,513.33
Waitaki District $1,513.33
Central Otago District $1,518.65
Queenstown-Lakes District $1,573.46
Dunedin City $1,540.63
Clutha District $1,513.33
Southland District $1,557.29
Gore District $1,513.33
Invercargill City $1,518.65
Part 2: Statistical Area Region Statistical Area code 2 2023 Maximum Contribution Weekly $ (GST Inclusive)
Kaeo 101900 $1,562.61
Kaitaia West 100800 $1,562.61
Hokianga South 102100 $1,562.61
Kaikohe 103501 $1,562.61
Wellsford 110501 $1,632.33
Cape Rodney 110400 $1,632.33
Glenbrook 162400 $1,591.31
Te Kauwhata East 171101 $1,568.35
Raglan 171601 $1,568.35
Matarawa 186400 $1,557.29
Athenree 190400 $1,591.31
Tokomaru 205000 $1,565.69
Opunake 220700 $1,568.35
Te Roti-Moeroa 221201 $1,568.35
Pātea 222201 $1,568.35
Pahiatua 233600 $1,562.61
Tākaka 300500 $1,622.53
Waitohi (Marlborough District) 306801 $1,584.38
Oxford 313200 $1,591.31
Methven 336901 $1,573.60
Danseys Pass 343300 $1,557.29
Palmerston 344700 $1,557.29
Alexandra North 345500 $1,562.61
Teviot Valley 345800 $1,562.61
Lindis-Nevis Valleys 344800 $1,562.61
Cromwell West 344900 $1,562.61
Wānaka West 346800 $1,617.35
Wānaka Central 347000 $1,617.35
Balclutha South 356500 $1,557.29
Balclutha North 356600 $1,557.29
West Otago 355800 $1,557.29
Milton 356400 $1,557.29

Original source: https://nz.mil-osi.com/2026/06/11/maximum-contribution-applying-in-each-region-from-1-july-2026/

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4. Fatal crash: State Highway 4, Whanganui

June 12, 2026

Source: New Zealand Police

Police can confirm two people have died in a serious, single-vehicle crash on State Highway 4 near Mangotai Road this morning.

The incident was reported to emergency services around just after 9.15am.

Source: New Zealand Police

Police can confirm two people have died in a serious, single-vehicle crash on State Highway 4 near Mangotai Road this morning.

The incident was reported to emergency services around just after 9.15am.

Sadly, both victims were pronounced deceased at the scene.

The road remains closed as emergency services work at the scene.

Diversions are in place through State Highway 1.

Police will be investigating the circumstances of the crash.

ENDS

Issued by Police Media Centre

Original source: https://nz.mil-osi.com/2026/06/12/fatal-crash-state-highway-4-whanganui/

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5. Kaopiz and QuantumTX Sign MOU to Co-Develop AI-Powered IoT Healthcare Solutions for Asia’s Aging Population

June 12, 2026

Source: Media Outreach

Kaopiz × QuantumTX sign MOU at Vietnam–Singapore Tech Connect Forum to co-develop next-generation healthcare solutions

Both companies will co-promote combined solutions to partners and customers across Vietnam, Singapore, and international markets, and will co-participate in healthcare technology projects, conferences, and exhibitions in the region.

Source: Media Outreach

On the afternoon of May 29th, in Singapore, partnership signed at the Vietnam–Singapore Tech Connect Forum, witnessed by the highest-level government delegations from both nations, combining QuantumTX’s breakthrough MitoCharge technology with Kaopiz’s end-to-end software, AI, and IoT engineering capabilities

SINGAPORE – Media OutReach Newswire – 12 June 2026 – Kaopiz Holdings and QuantumTX announced a strategic Memorandum of Understanding (MOU) to co-develop next-generation preventive healthcare solutions powered by Artificial Intelligence, IoT engineering, and advanced health data platforms.

Kaopiz × QuantumTX sign MOU at Vietnam–Singapore Tech Connect Forum to co-develop next-generation healthcare solutions

The agreement was signed at the Vietnam–Singapore Tech Connect Forum held at Raffles City Convention Centre, Singapore, in the presence of Mr. To Lam, General Secretary and President of Vietnam, and Dr. Tan See Leng, Minister for Manpower and Minister-in-Charge of Energy and Science & Technology (MTI), Singapore – underscoring the partnership’s significance at the highest levels of Vietnam-Singapore bilateral cooperation.
Combining Hardware Innovation with Full-Stack Software & AI Engineering
QuantumTX contributes its proprietary MitoCharge technology – a clinically researched muscle-mitochondria activation system that delivers the physiological benefits of exercise without physical stress – purpose-built for the world’s rapidly aging population.
Kaopiz Holdings brings a 1,000-strong team of software engineers and IoT specialists with a proven delivery track record across healthcare, medical technology, and enterprise digital transformation. The combined capability spans:
  1. End-to-end IoT device control software and embedded systems integration
  1. AI-driven health data collection, processing, and analytics platforms
  1. Cross-platform mobile applications for personalized health companion experiences
  1. Cloud-based remote device management and real-time monitoring systems
  1. Healthcare data security compliance aligned with applicable international standards
“Partnering with Kaopiz accelerates our next-generation product development while opening the door for MitoCharge technology to reach users across Vietnam and Southeast Asia.” – Mr. Ivan Goh, CEO, QuantumTX
Three Strategic Pillars of Collaboration
1. IoT Device & Software Development
Kaopiz will research, design, develop, and maintain software solutions deeply integrated with QuantumTX’s IoT medical devices, targeting the healthcare and rehabilitation sector.
2. Technical Support & Information Exchange
Kaopiz will embed advanced AI, Cloud Computing, and Data Analytics capabilities into QuantumTX’s medical device ecosystem, enabling predictive health insights, personalized rehabilitation guidance, and remote patient monitoring at scale.
3. Joint Market Development

Both companies will co-promote combined solutions to partners and customers across Vietnam, Singapore, and international markets, and will co-participate in healthcare technology projects, conferences, and exhibitions in the region.

“Population aging is a shared challenge that both Vietnam and Singapore must solve, and we believe technology is the key. Kaopiz is committed to leveraging our full expertise in software, AI, and IoT to co-develop next-generation healthcare solutions with QuantumTX, serving millions of people worldwide.” – Mr. Le Van Hoang, CEO, Kaopiz Holdings
A Milestone in Vietnam – Singapore Technology Cooperation
The MOU signing took place as part of the State Visit to the Republic of Singapore, at a forum co-organized by Vietnam’s Ministry of Foreign Affairs, Ministry of Science & Technology, Ministry of Finance, VSIP, and Enterprise Singapore. The forum brought together government leaders, research institutions, and enterprises from both nations to advance cooperation in science, technology, innovation, and sustainable development.
This partnership marks a tangible step in translating government-level bilateral commitment into commercial technology co-development, with a direct focus on healthcare innovation that addresses one of the most pressing demographic challenges shared by both Vietnam and Singapore.
Media & Partnership Enquiries

Kaopiz Holdings., JSC

Tel: +84 24 6652 2105

Singapore Office: 1 Raffles Place #19-61, One Raffles Place Tower 2, Singapore

QuantumTX Pte. Ltd.

Tel: +65 8908 6303

Address: Central Plaza, #20-06, 298 Tiong Bahru Road, Singapore 168730

https://kaopiz.com/en/
https://www.linkedin.com/company/kaopiz/
https://x.com/KaopizGlobal
https://www.facebook.com/com.kaopiz

Hashtag: #Kaopiz #QuantumTX #MOU #StrategicPartnership #SoftwareDevelopment #VietnamSingaporeTechConnect #AIHealthcare

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

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6. Tourism pioneer AJ Hackett Bungy NZ prepares to launch new world-first experience

June 12, 2026

Tourism pioneer AJ Hackett Bungy New Zealand is set to launch the world’s highest lift-and-descent ride at Auckland’s iconic Sky Tower this month.

SkyRide is a new 192-metre high vertical adventure experience that lifts customers up the outside of the Sky Tower before delivering a high-speed, controlled descent back to ground level. The lift portion of the experience sees customers ascend at approximately six metres per second – faster than the tower’s internal lifts – reaching the observation deck in about 90 seconds.
 
The introduction of a new multi-mode ride system – designed in-house by AJHBNZ’s experienced design team in partnership with specialist engineers – means that the existing SkyJump is also in line for a significant upgrade. The multi-mode system now offers customers a range of ways to experience a heart-pumping descent from NZ’s tallest building:

SkyRide: From ground-level at the corner of Auckland’s Victoria and Federal Streets, customers are lifted to the top of the tower before experiencing an exhilarating vertical drop ride, 192m high. This will become the world’s highest lift-and-descent ride and can be experienced as a single or tandem option.

Source: Scope Communications

Tourism pioneer AJ Hackett Bungy New Zealand is set to launch the world’s highest lift-and-descent ride at Auckland’s iconic Sky Tower this month.

SkyRide is a new 192-metre high vertical adventure experience that lifts customers up the outside of the Sky Tower before delivering a high-speed, controlled descent back to ground level. The lift portion of the experience sees customers ascend at approximately six metres per second – faster than the tower’s internal lifts – reaching the observation deck in about 90 seconds.
 
The introduction of a new multi-mode ride system – designed in-house by AJHBNZ’s experienced design team in partnership with specialist engineers – means that the existing SkyJump is also in line for a significant upgrade. The multi-mode system now offers customers a range of ways to experience a heart-pumping descent from NZ’s tallest building:

SkyRide: From ground-level at the corner of Auckland’s Victoria and Federal Streets, customers are lifted to the top of the tower before experiencing an exhilarating vertical drop ride, 192m high. This will become the world’s highest lift-and-descent ride and can be experienced as a single or tandem option.

SkyJump: Starting at 192m, riders are suspended in a sitting position off the edge of the Sky Tower before being released in a controlled descent at speeds up to 100km/h down to ground level. SkyJump can now be experienced as a single or tandem ride.

The new experiences will complement the existing SkyWalk – AJHBNZ’s hugely popular walk around the outer edge of the Sky Tower, 192m above ground.
 
The new multi-mode system will be certified and inspected by WorkSafe under the Amusement Device Regulations for New Zealand, and over the coming days, passers-by will see more testing of the rides beforeAJHBNZ opens SkyRide officially on Friday, June 26.
 
AJHBNZ co-founder and managing director Henry van Asch says SkyRide reflects the company’s continued focus on pushing boundaries while making iconic structures more engaging for visitors.
 
“SkyRide is a world-first for the height it reaches and continues our mission to redefine what’s possible in vertical adventure experiences,” he explains. “It offers a completely new way for locals and visitors to experience Auckland’s most recognisable landmark.”
 
Designed to appeal to a wide range of adventurers, SkyRide is expected to attract Aucklanders looking for a new challenge, domestic visitors, and international tourists seeking a standout urban adventure. The experience further strengthens Auckland’s position as a must‑visit destination for adventure tourism.
 
About AJ Hackett Bungy New Zealand

Ever since it was launched with a buzz by AJ Hackett and Henry van Asch back in 1988, AJ Hackett Bungy New Zealand has been in the business of fuelling people with courage and adrenaline. The world’s first commercial bungy operation opened at the Kawarau Bridge in November 1988 and AJ Hackett Bungy New Zealand has remained committed to levelling up the exhilaration across Aotearoa, with bungy, zipride, swing, catapult, SkyWalk, SkyJump and bridge climb across Queenstown, Taupō and Auckland.

MIL OSI

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7. AIVA Launches a Pioneering, New Model for AI Vehicle Industry

June 11, 2026

Source: Media Outreach

BEIJING, CHINA – Media OutReach Newswire – 11 June 2026 – AIVA, an AI-native mobility brand, was officially unveiled in Beijing on 9 June 2026.

AIVA will collaborate with Volcano Engine, ByteDance’s cloud and AI platform, to jointly define, design, and develop a new generation of AI vehicles. Volcano Engine will provide AIVA with advanced capabilities, including the Doubao AI Foundation Model and intelligent cockpit, enabling smarter in-vehicle interactions.

Source: Media Outreach

BEIJING, CHINA – Media OutReach Newswire – 11 June 2026 – AIVA, an AI-native mobility brand, was officially unveiled in Beijing on 9 June 2026.

AIVA will collaborate with Volcano Engine, ByteDance’s cloud and AI platform, to jointly define, design, and develop a new generation of AI vehicles. Volcano Engine will provide AIVA with advanced capabilities, including the Doubao AI Foundation Model and intelligent cockpit, enabling smarter in-vehicle interactions.

At the launch event, AIVA unveiled its brand name and logo, introducing a development philosophy centered on “AI-first vehicle creation”—where AI comes before the car itself. It is believed that AI-native vehicles will fundamentally redefine the relationship between people and automobiles. AIVA also showcased the AIVA Origin Concept, while AIVA ME7, its first mass-production model, is scheduled to debut in 2026. The AIVA lineup will target the mainstream market segment priced above RMB 200,000.

AIVA, short for Artificial Intelligence Voyage Ahead, reflects the brand’s vision of AI accompanying users on every journey toward the future. Built around AI-native mobility, AIVA aims to create embodied AI companions powered by advanced intelligence, transforming vehicles from mere transportation tools into trusted partners that understand, accompany, and serve their users.

When AI is deeply integrated into the vehicle, users no longer need to navigate complex menus. Instead, AI operates around human intent, making the interaction intuitive and direct. By understanding real-time context and user preferences, it can proactively anticipate needs and coordinate vehicle capabilities, delivering a more natural, personalized mobility experience.

As an independently operated company backed by a powerful alliance of strategic shareholders, AIVA will oversee brand development, product strategy, and business operations. SERES Group, as a key shareholder and industrial partner, will provide expertise in vehicle manufacturing and supply chain management. CATL will contribute comprehensive battery solutions. Shaci Zhiyuan, a strategic institutional investor, will provide industrial resource support.

Looking ahead, AIVA will broaden its product lineup through rapid innovation and iteration. By focusing on AI-powered interaction, intelligent experiences, emotional companionship, and safety-centered care, AIVA is committed to creating vehicles that not only move people, but understand them, unlocking a new era of intelligent mobility.

Hashtag: #AIVA

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

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8. AIVA Launches a Pioneering a New Model for AI Vehicle Industry

June 11, 2026

Source: Media Outreach

BEIJING, CHINA – Media OutReach Newswire – 11 June 2026 – AIVA, an AI-native mobility brand, was officially unveiled in Beijing on 9 June 2026.

AIVA will collaborate with Volcano Engine, ByteDance’s cloud and AI platform, to jointly define, design, and develop a new generation of AI vehicles. Volcano Engine will provide AIVA with advanced capabilities, including the Doubao AI Foundation Model and intelligent cockpit, enabling smarter in-vehicle interactions.

Source: Media Outreach

BEIJING, CHINA – Media OutReach Newswire – 11 June 2026 – AIVA, an AI-native mobility brand, was officially unveiled in Beijing on 9 June 2026.

AIVA will collaborate with Volcano Engine, ByteDance’s cloud and AI platform, to jointly define, design, and develop a new generation of AI vehicles. Volcano Engine will provide AIVA with advanced capabilities, including the Doubao AI Foundation Model and intelligent cockpit, enabling smarter in-vehicle interactions.

At the launch event, AIVA unveiled its brand name and logo, introducing a development philosophy centered on “AI-first vehicle creation”—where AI comes before the car itself. It is believed that AI-native vehicles will fundamentally redefine the relationship between people and automobiles. AIVA also showcased the AIVA Origin Concept, while AIVA ME7, its first mass-production model, is scheduled to debut in 2026. The AIVA lineup will target the mainstream market segment priced above RMB 200,000.

AIVA, short for Artificial Intelligence Voyage Ahead, reflects the brand’s vision of AI accompanying users on every journey toward the future. Built around AI-native mobility, AIVA aims to create embodied AI companions powered by advanced intelligence, transforming vehicles from mere transportation tools into trusted partners that understand, accompany, and serve their users.

When AI is deeply integrated into the vehicle, users no longer need to navigate complex menus. Instead, AI operates around human intent, making the interaction intuitive and direct. By understanding real-time context and user preferences, it can proactively anticipate needs and coordinate vehicle capabilities, delivering a more natural, personalized mobility experience.

As an independently operated company backed by a powerful alliance of strategic shareholders, AIVA will oversee brand development, product strategy, and business operations. SERES Group, as a key shareholder and industrial partner, will provide expertise in vehicle manufacturing and supply chain management. CATL will contribute comprehensive battery solutions. Shaci Zhiyuan, a strategic institutional investor, will provide industrial resource support.

Looking ahead, AIVA will broaden its product lineup through rapid innovation and iteration. By focusing on AI-powered interaction, intelligent experiences, emotional companionship, and safety-centered care, AIVA is committed to creating vehicles that not only move people, but understand them, unlocking a new era of intelligent mobility.

Hashtag: #AIVA

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

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9. Appointments – Tracey Martin appointed to Global Ageing Network Board

June 12, 2026

Source: Aged Care Association

The Chief Executive of the Aged Care Association New Zealand (ACA), Tracey Martin, has been appointed to the Board of the Global Ageing Network, joining international leaders working to shape the future of ageing and care services globally.
The appointment was confirmed this week following a unanimous vote of the Global Ageing Network Board. Tracey fills an existing Board vacancy and will commence her role immediately.
The Global Ageing Network is an international organisation that connects leaders, providers, researchers and organisations across the ageing and long-term care sector to improve outcomes and quality of life for older people worldwide. Founded in 1994, the Network works across education, policy, innovation and global knowledge exchange and brings together expertise from across the care continuum.
Tracey Martin said the appointment reflects growing international recognition that countries are confronting many of the same challenges and opportunities as populations age.
“New Zealand is not alone. Across the world, countries are asking the same questions about how we support people to age well, how we fund care sustainably, how we strengthen the workforce, and how we continue to deliver dignity, choice and quality.”
“I am honoured to join the Global Ageing Network Board and to contribute a New Zealand perspective to those conversations while bringing international thinking and innovation back into our own sector.”
Martin said New Zealand has important lessons to contribute, particularly around integrated health and aged care services, rural and regional service delivery, and ensuring older people continue to receive the right care in the right place at the right time.
“This appointment is not simply about representation. It is an opportunity to strengthen international relationships, learn from global practice, and ensure New Zealand remains connected to emerging ideas and solutions that support older people and those who care for them.”
As Chief Executive of ACA, Martin leads the national peak body representing aged residential care providers across New Zealand and has been actively advocating for long-term reform to ensure aged care remains sustainable, accessible and recognised as an essential part of the health system.
Global Ageing Network’s mission is to connect and support care and service providers internationally to enhance quality of life for older people, while creating opportunities to exchange ideas, strengthen practice and influence policy settings across ageing services globally.

MIL OSI

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10. Verdant Rock Receives BBB+ Long-Term Insurer Financial Strength Rating with a Stable Outlook from Fitch Ratings

June 13, 2026

Source: Media Outreach

HAMILTON, BERMUDA – Media OutReach Newswire – 12 June 2026 – Verdant Rock Limited has received a BBB+ Long-Term Insurer Financial Strength Rating with a Stable Outlook from Fitch Ratings effective 12 June 2026. Combined with a Class 3B Insurer license from the Bermuda Monetary Authority (BMA), effective 6 May 2026, the company is in a strong position to extend financial guarantees on bonds and loans in emerging markets for beneficiaries globally. We provide irrevocable, unconditional, on-demand financial guarantees designed to qualify as eligible credit protection under Basel and major insurance solvency regimes. We are focused on private liabilities and do not cover sovereigns, municipalities or provinces. Bonds and loans issued by emerging market corporations and banks, structured financings, asset-backed (ABS) and mortgage-backed (MBS) exposures in securities or loan format, and project finance are all within the Company’s remit.

“The infrastructure and capital markets we are targeting have been systematically underserved over the past decade. Verdant Rock enters this space with an investment grade rating, a strong capital position, the regulatory standing, the technical capability, and the long-term commitment that issuers and their advisers have been unable to find elsewhere.”

Source: Media Outreach

HAMILTON, BERMUDA – Media OutReach Newswire – 12 June 2026 – Verdant Rock Limited has received a BBB+ Long-Term Insurer Financial Strength Rating with a Stable Outlook from Fitch Ratings effective 12 June 2026. Combined with a Class 3B Insurer license from the Bermuda Monetary Authority (BMA), effective 6 May 2026, the company is in a strong position to extend financial guarantees on bonds and loans in emerging markets for beneficiaries globally. We provide irrevocable, unconditional, on-demand financial guarantees designed to qualify as eligible credit protection under Basel and major insurance solvency regimes. We are focused on private liabilities and do not cover sovereigns, municipalities or provinces. Bonds and loans issued by emerging market corporations and banks, structured financings, asset-backed (ABS) and mortgage-backed (MBS) exposures in securities or loan format, and project finance are all within the Company’s remit.

“The infrastructure and capital markets we are targeting have been systematically underserved over the past decade. Verdant Rock enters this space with an investment grade rating, a strong capital position, the regulatory standing, the technical capability, and the long-term commitment that issuers and their advisers have been unable to find elsewhere.”

— Tolga Uzuner, Co-Founder, Chief Executive Officer, Verdant Rock Limited

The Fitch Ratings report can be accessed here:
Fitch Rates Verdant Rock at ‘BBB+’; Outlook Stable

Verdant Rock’s Class 3B registration can be verified via the BMA’s register of regulated entities (search “Verdant Rock”): https://www.bma.bm/regulated-entities

Notes to editors: For the May 2026 licensing announcement, see https://bernews.com/2026/05/walkers-supports-verdant-rock-licensing/

This announcement is (i) for information only; (ii) not an offer or solicitation to buy or sell any security, insurance product, or financial guarantee; and (iii) not for distribution in any jurisdiction where to do so would be unlawful. Forward-looking statements are not guarantees of future results, and Verdant Rock undertakes no obligation to update them. A credit rating is not a recommendation to buy, sell or hold any security and may be subject to revision, suspension or withdrawal at any time by the assigning rating agency.

Hashtag: #VerdantRock

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

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