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HKSTP and HKTDC Lead 22 Hong Kong Innovators to Middle East Facilitating Over 200 Business Matchings to Unlock Belt and Road Opportunities

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MIL OSI
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Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 20 October 2025 – The Hong Kong Science and Technology Parks Corporation (HKSTP), in collaboration with the Hong Kong Trade Development Council (HKTDC), recently led 22 Hong Kong technology companies to two premier innovation events, GITEX Global and Expand North Star, on Oct 12-17 in Dubai. The delegation attracted numerous visitors to the exhibition pavilions and facilitated more than 200 targeted business matchings, connecting park companies with international resources and partnerships. The delegation served as a strong representation of Hong Kong’s strengths as a global innovation and technology hub.

HKSTP and HKTDC staged Hong Kong Tech Pavilion at GITEX Global, connecting cutting-edge technologies with global opportunities.

“Expansion of global innovation ecosystems is vital for startups with global ambition. That’s why HKSTP is stepping up our mission to foster connections between East and West through innovation, linking the Middle East with Hong Kong, China mainland, and other Asian markets. HKSTP’s innovation ecosystem and the fast-growing HK-GBA I&T hub connects Middle East innovators to China and Asia via the Belt & Road Initiative, opening seamless access to 2.3 billion consumers.” said Terry Wong, CEO of HKSTP.

HKSTP delegation actively engaged with international visitors and potential partners, fostering meaningful dialogue and exploring collaborative opportunities.

The park companies from HKSTP participated in events spanning AI, life and health, green technology, and more, highlights included:

  • Robocore – Innovative robotics solutions that enhance automation across various industries including hospital, elderly care, and retail with advanced technologies.
  • i2Cool – Passive radiative cooling paint that provides zero-energy cooling solutions, serving a wide range of industries including construction, chemical processing, telecom, renewable energy, logistics, grain storage, and solar power.
  • eSix – Cost-effective virtual Metro Ethernet and industrial-grade 5G solutions, including ultra-range maritime CPE with 80km coverage.

Another park company Comba Telecom, a global leader in wireless connectivity and network infrastructure solutions, also made strategic inroads into the region, establishing a partnership with Nedaa, a specialised UAE telecommunications provider. This collaboration will advance next-generation communication technologies across the UAE and surrounding regions, focusing on secure network solutions, enhanced indoor-outdoor wireless coverage, and 5G network deployment.

These advancements further solidified Hong Kong’s position as an ideal launchpad for Middle East innovators seeking opportunities in Asia and vice versa. HKSTP is proud to serve as an international I&T hub for Hong Kong and Asia-Pacific, with over 10 park companies joining the 9th edition of the Future Investment Initiative (FII9) later this month in Riyadh, Saudi Arabia.

Hashtag: #HKSTP

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

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

Three due to appear in court after being sniffed out by Dog Unit

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LiveNews Publisher
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Source: New Zealand Police

Attributable to Sergeant Samantha Pettigrew, Cambridge Public Safety Team:

Multiple incidents in Cambridge have landed three before the courts after they were no match for a Waikato Police Dog Unit.

On Sunday, Police were notified of three people unlawfully entering a commercial premises on Robinson Street at around 2.15am.

The alleged offenders have targeted vapes and cigarettes before fleeing the area in a vehicle.

About 2.50am, Police were called to a private property on Brancaster Place. The occupants of the house have woken to find the offenders taking items from the property.

The offenders have left the scene prior to Police arrival.

A stolen vehicle was located near the property, alongside a weapon believed to have been used in the Robinson Street burglary.

Thankfully, the occupants of the property were not harmed, however, they are understandably shaken by the incident and are being provided support.

At around 4.15am, Police received multiple reports of people breaking into vehicles on Thornton Road.

Upon arrival, a Police Dog Unit has picked up an offender’s scent and located a 18-year-old man a short time later near Lake Te Koutu.

When the man was taken into custody, Police found a number of items believed to have been taken in the Robinson Street burglary.

After some quick rewards for our canine, it was back to work to assist in locating the two remaining offenders.

About 5.45am, two youths were tracked near Carters Cresent where they were taken into custody.

This is a great example of our policing teams working together and with a coordinated approach to apprehend the alleged offenders and hold them to account.

Waikato Police will continue to deploy a range of resources to respond to this type of offending in order to keep our communities safe.

The 18-year-old man is due to appear in Hamilton District Court today, charged with committing a burglary with a weapon and unlawfully getting into a vehicle.

Two young people are due to appear in Youth Court at a later date.

ENDS

Issued by Police Media Centre

MIL OSI

Inflation rises to 3% – wages don’t

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LiveNews Publisher
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Source: NZCTU

The NZCTU Te Kauae Kaimahi is concerned by new data released by Statistics New Zealand showing that the cost of living increased by 3%, more than public and private sector wage growth.

“Wages are rising by less than inflation, meaning all workers, regardless of sector, are now falling behind average living costs. The Government need to go to Specsavers for its laser-like focus on the cost of living,” said NZCTU Economist Craig Renney. 

“The prices of things that New Zealanders can’t avoid are rising quickly, putting more stress on already overstretched household budgets.

“Electricity prices are up 11.3%. Gas prices are up 15%. Fruit and veg prices are up 7.5%. Contents insurance is up 9.3%. Going to the GP costs 10.3% more than last year. Rents are still rising faster than wages (2.6% vs 2.4%) – which is often the biggest cost working families face.

“This data shows the pressures that working families are facing when they in their day-to-day spending. Cuts to government investment – particularly water infrastructure – have helped drive higher local authority rates bills.

“The Government’s failure to regulate the electricity market is leading to the highest annual cost rises since the late 1980s according to Stats NZ.

“At a time when the Government is taking away jobseeker benefits from 18- & 19-year-olds, Stats NZ recorded a 22.6% increase in the cost of tertiary education. We know that the Government has already halved its support for apprentices, yet we have a huge youth employment problem. It is another symbol of a government that is out of touch with the public and what New Zealanders and the economy really need.

“There is an urgent need to make sure that working people and their families don’t continue to bear the brunt of the Government’s failed attempt to manage the cost of living.

“Workers pay is now actively going backwards, and pay deals proposed by the Government would almost certainly make that worse. It’s time for a different approach so that workers don’t see living standards falling even further in the future,” said Renney.

MIL OSI

FBS AI Assistant Helps Traders Skip Market Noise and Focus on Strategy

By
MIL OSI
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0

Source: Media Outreach

SINGAPORE – Media OutReach Newswire – 16 October 2025 – FBS, a leading global broker, introduces the FBS AI Assistant, an intelligent feature in the FBS app designed to help traders skip the market noise and see what truly matters.

FBS AI Assistant Helps Traders Skip Market Noise and Focus on Strategy

Trading often means dealing with endless charts, shifting trends, and conflicting opinions. The FBS AI Assistant helps traders focus on what counts, turning complex data into clear, actionable insights. With this built-in AI tool, traders can analyze the market faster, understand key patterns, and make confident trading decisions based on real-time analysis.

Smarter insights, faster decisions

The FBS AI Assistant, powered by OpenAI technology, studies charts, timeframes, and indicators to provide traders with clear summaries. In just a few taps, users can get a complete picture of what’s happening in the market, without the overwhelm.

By using the FBS AI Assistant, traders can:

  • Save time on technical analysis.
  • Identify clear trends and potential trade setups.
  • Make informed decisions backed by data-driven insights.
  • Stay confident even in volatile market conditions.

“The FBS AI Assistant helps traders focus on clarity instead of chaos,” said an FBS spokesperson. “It turns information overload into structured insight, giving traders the confidence to act calmly and strategically.”

Each generated report includes trend detection, indicator readings, price patterns, and trade ideas based on historical and real-time data. Traders can access up to five reports daily, and those with account balances over $20 can unlock up to 15 reports per day.

Confidence comes from clarity

The FBS AI Assistant is not a signal provider, it’s a guide that helps traders make better decisions. It empowers users to trade with awareness, avoid emotional reactions, and stay focused on their strategy.

With tools like the AI Assistant, FBS continues its mission of helping traders skip the market noise, see the trend clearly, and trade with confidence.

To learn more about FBS and its services, visit FBS.com.

Disclaimer: This material does not constitute a call to trade, trading advice, or recommendation and is intended for informational purposes only. AI-generated analysis is not financial advice. Always conduct your own research before trading.

https://fbs.com/
https://www.facebook.com/financefreedomsuccess/

Media-Outreach.com.

Wildberries Expands WB Club Loyalty Program to Central Asia

By
MIL OSI
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0

Source: Media Outreach

MOSCOW, RUSSIA – Media OutReach Newswire – 20 October 2025 – Wildberries, a leading digital platform in Eurasia, has expanded its loyalty program to seven countries. More than 3 million customers regularly pay for a WB Club subscription, which provides access to additional discounts on marketplace products and an enhanced level of service.

Until recently, the WB Club program was only available in Russia—where the subscription costs the equivalent of $2.50 per month—and in Belarus. As of October, it has become available to Wildberries customers in Central Asian countries, including Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan, as well as in Armenia.

Subscribers to WB Club gain access to a special section on the Wildberries marketplace featuring additional discounts that stack with existing platform promotions and bonuses. This section includes over 13 million products with extra discounts of up to 30%. Customers save the most on smartphones, women’s dresses, and men’s suits.

In Russia, the subscription also includes priority customer support, two free home deliveries from Wildberries pick-up points, and special offers from partners. This fall, the list of WB Club perks was expanded to include a discount on pre-orders for new iPhone models. The subscription service is continuously being upgraded and will add new features for customers in other markets.

WB Club subscribers represent the most active segment of Wildberries users. They place nearly twice as many orders as regular customers, and their average order value is 30% higher. Sellers on the Wildberries platform have the option to promote their products to this loyal audience by independently adding items to the WB Club section and setting their own discount rates. Wildberries recently extended the opportunity to offer discounts to WB Club subscribers to sellers in the UAE.

Hashtag: #Wildberries

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

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

Hong Kong’s finance chief attends IMF and World Bank meetings in US, updates different sectors on latest developments in the HKSAR

By
MIL OSI
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0

Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 20 October 2025 – Paul Chan, Financial Secretary of the Hong Kong Special Administrative Region (HKSAR), visited the United States last week (October 14-17) to attend Annual Meetings of the International Monetary Fund (IMF) and World Bank Group (WBG). Mr Chan also updated government officials from various countries, as well as key financial and economic figures in New York and Washington, DC, on the latest developments and business environment in Hong Kong.

On Friday (October 17), Mr Chan attended the plenary session of the Annual Meetings of IMF and WBG. He also joined an in-conversation session organised by the Institute of International Finance, where he shared insights on the current state of Hong Kong’s economy, its strategy of development as a financial centre, opportunities in innovation and technology—particularly artificial intelligence—the development of digital assets, and the building of a patient capital ecosystem.

HKSAR’s Financial Secretary Paul Chan (right) joins an in-conversation session organised by the Institute of International Finance

Mr Chan highlighted Hong Kong’s unique advantages under the “one country, two systems” arrangement, including free flow of capital, a freely convertible currency pegged to the US dollar, a highly internationalised market, and close alignment with international best practices.

Despite rising global economic uncertainties in recent months, Hong Kong has continued to see capital inflows, reflecting international investors’ confidence in the city’s investment environment and opportunities, Mr Chan said.

Delivering a keynote speech at a business luncheon co-hosted by the US-China Business Council and the Hong Kong Economic and Trade Office in Washington (Washington ETO), he stressed that the “one country, two systems” arrangement is a significant advantage for Hong Kong and that the Chinese government has made it clear that this good system will be upheld in the long run. For example, Hong Kong continues to practise the common law system, and its judiciary exercises judicial power independently. The rule of law in Hong Kong remains highly ranked internationally. In terms of financial innovation, Hong Kong is also prudently exploring areas such as digital assets.

Mr Chan (first left) at a business luncheon at Washington, DC, reaffirms that Hong Kong will continue to welcome American businesses and talent to invest and develop their careers in the city

On his arrival in Washington, DC (October 16), Mr Chan held meetings with senior officials of the IMF and the WBG.

He informed the IMF team responsible for conducting the Article IV Consultation (a regular economic assessment of members’ economies) on Hong Kong, about the city’s current economic and fiscal conditions, as well as its development directions.

During a roundtable dinner hosted by the Washington ETO, Mr Chan briefed representatives from major US business chambers, think tanks and consultancy firms etc. on Hong Kong’s business environment and latest developments. He also engaged in discussions on the future of Hong Kong–US economic and trade relations.

Before travelling to Washington, DC, Mr Chan attended a luncheon jointly hosted by the National Committee on United States–China Relations (NCUSCR) and the Hong Kong Economic and Trade Office in New York (October 15).

Despite the recent signs of escalating trade tensions, the Financial Secretary said Hong Kong will firmly uphold its status as a free port and continue to implement free, open and predictable trade policies and practices.

Mr Chan also joined a roundtable discussion with key US funds and asset management representatives, during which he highlighted opportunities in the financial market, including IPOs and follow-on fund raising, fixed income and currency markets, private equity, asset and wealth management, green finance, stablecoins and digital assets.

As a “super connector” and “super value-adder” between the Chinese Mainland and the world, Hong Kong will continue to offer attractive investment opportunities for investors from the US and around the globe, he said.

Mr Chan kicked off his visit (October 14) by joining around 300 guests at the annual Gala Dinner of the NCUSCR. During the event, he met with the NCUSCR Chair and former US Trade Representative, Ambassador Charlene Barshefsky to exchange views on various topics, including current China-US economic and trade relations.

https://www.brandhk.gov.hk/
https://www.linkedin.com/company/brand-hong-kong/
https://x.com/Brand_HK/
https://www.facebook.com/brandhk.isd
https://www.instagram.com/brandhongkong

Hashtag: #hongkong #brandhongkong #asiasworldcity #IMF #WorldBank

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

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

Clear Direction for Credit Access and Consumer Confidence

By
LiveNews Publisher
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Source: New Zealand Government

The Government is moving to improve access to credit for New Zealanders through changes to the Credit Contracts and Consumer Finance Amendment Bill, which was reported back from the Select Committee today.

These reforms will restore common sense to lending, reduce unnecessary red tape, and ensure responsible borrowers can access finance when they need it, Minister of Commerce and Consumer Affairs Scott Simpson says. 

“I would like to thank the Select Committee for the work they have done on this Bill, and all those who took the time to make submissions,” Mr Simpson says.

“I said from the outset that I wanted these proposals to be tested through the Select Committee process, and I’m pleased that has now been completed.

“As a result of the feedback received, the Committee has recommended a number of changes, which the Government parties will accept. This includes adjustments to the retrospective element of the legislation.

“While retrospective law change is unusual, in this case I believe it is justified. The intent has always been to fix bad law and ensure the courts have the discretion to reach fair and equitable outcomes. 

“Through the Select Committee process, it was suggested that ongoing court cases be exempt from these provisions. The Committee considered this carefully and recommended that approach, and the Government parties agree.

“There has been significant attention on the retrospective element of the Bill, which has at times overshadowed the broader purpose of these reforms. Ultimately, this legislation is about improving access to credit and reducing unnecessary red tape for both lenders and consumers.”

Mr Simpson says the reforms will make it simpler for New Zealanders to access credit when they need it, whether for buying a home, growing a business, or managing family finances.

“Previous changes saw banks and other lenders weighed down by excessive compliance requirements. That led to an overly cautious approach to lending, making it harder for Kiwis to access affordable credit when they needed it most.

“Many will remember the frustration of being asked intrusive questions about everyday expenses such as takeaways or streaming subscriptions when applying for a home loan. That is why the Government acted to remove unnecessary rules, bring back common sense, and make it easier for responsible borrowers to access finance.”

The Bill also simplifies the regulatory framework to reduce compliance costs for businesses.

“Currently, many firms face oversight from three separate regulators: the Financial Markets Authority, the Commerce Commission, and the Reserve Bank. This can be unnecessarily complex and confusing, and these changes will streamline that system.

“Another important change removes personal liability for directors and senior managers over minor administrative mistakes. That provision was discouraging capable people from taking up governance roles and added to the regulatory burden faced by lenders.

“These reforms are part of the Government’s wider financial services reform package, which is focused on creating a more dynamic, fair, and accessible financial system for all New Zealanders.”

Notes to editors:

The Credit Contracts and Consumer Finance Amendment Bill is being progressed as part of the Government’s financial services reforms.

This also includes the Financial Markets Conduct Amendment Bill and the Financial Service Providers (Registration and Dispute Resolution) Amendment Bill. 

Together, these Bills form part of a comprehensive overhaul that will rebalance the system to ensure consumer protection without stifling access to credit or innovation.

This delivers on a National-ACT coalition agreement to rewrite the Credit Contracts and Consumer Finance Act 2003 to protect vulnerable consumers without unnecessarily limiting access to credit.

MIL OSI

53 years of the Equal Pay Act 

By
LiveNews Publisher
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Source: NZCTU

53 years since the Equal Pay Act 1972 was passed, NZCTU Secretary Melissa Ansell-Bridges is calling on political parties to reverse the recent changes to the Act that undermine women’s pay equity rights.

On 6 May, the National-led Government announced sweeping changes to the Equal Pay Act, gutting pay equity. Active claims were cancelled, and barriers were raised for future claims – impacting over 350,000 people.

“The Equal Pay Act recognises a simple truth: women deserve equal pay for work of equal value. It’s shameful that the Government has undermined that,” said NZCTU Secretary Melissa Ansell-Bridges.

“The Act was born from the courage and solidarity of working women and their unions who refused to accept inequality.

“We are being taken backwards by the Government. Women’s hard-won rights are being sacrificed to fund tax cuts for landlords and tobacco companies. 

“Māori women and Pasifika people are effectively working for free for the rest of the year because of persistent gender and ethnic pay gaps, with all women working for free from the 30th of November—that’s a national shame.

“To dismantle decades of progress overnight without consultation is a disgrace. It was a slap in the face for New Zealand women who have been fighting for equality for generations.

“We are calling on political parties to commit to reversing the Equal Pay Act changes, restoring pay equity claims and fully funding settlements,” says Ansell-Bridges.

MIL OSI

CEIBS GEMBA ranked No. 2 globally for sixth consecutive year

By
MIL OSI
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0

Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 20 October 2025 – The CEIBS Global EMBA (GEMBA) programme has been ranked No. 2 in the world in the Financial Times 2025 Executive MBA Ranking, marking its sixth consecutive year among the global top two and its fourth consecutive year as the world’s highest-ranked stand-alone EMBA programme.

As China’s first English-language Executive MBA, established in 1995, this milestone coincides with the programme’s 30th anniversary, underscoring three decades of academic excellence, innovation, and global impact. Unlike many joint EMBA programmes in China, CEIBS’ independent model has achieved world-class recognition built on “China Depth, Global Breadth”.

Co-founded by the Chinese government and the European Union in 1994, CEIBS has set international standards in management education from its inception. Since joining the Financial Times ranking in 2001, CEIBS has consistently advanced in global reputation, contributing significantly to the development of management education in China and beyond.

The 2025 results highlight GEMBA’s exceptional consistency and quality amid shifting global business dynamics. The programme rose from No. 7 to No. 3 globally in “Salary Increase” and from No. 21 to No. 2 in “Overall Satisfaction”, reflecting the tangible value of its learning outcomes and the strong endorsement from alumni. These achievements affirm GEMBA’s strength in preparing leaders with strategic vision, analytical depth, and cross-cultural management capabilities.

With over 20 overseas immersion modules and exchange partnerships with eight leading business schools across ten countries, GEMBA offers a truly global learning experience. Forty-one per cent of current participants are international, and 31 per cent are based outside the Chinese mainland, travelling to Shanghai for core modules. CEIBS also climbed from No. 18 to No. 8 in “Alumni Network” and from No. 9 to No. 5 in “Work Experience”, further demonstrating the programme’s strong appeal to senior global executives.

At the heart of this success is CEIBS’ outstanding international faculty of over 120 professors from more than 20 countries, who combine rigorous academic research with practical China insights. CEIBS continues to lead in influential rankings such as Elsevier’s “Most Cited Chinese Researchers” and the “World’s Top 2% Scientists” list by Elsevier and Stanford University.

As GEMBA celebrates 30 years of empowering global executives, CEIBS remains committed to continuous innovation, building bridges between China and the world, and shaping responsible leaders who create lasting value for business and society.

Hashtag: #CEIBS #GEMBA

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

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

Teledyne e2v Achieves Initial Qualification of 16GB Space DDR4 Memory

By
MIL OSI
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0

Source: Media Outreach

GRENOBLE, FRANCE – Media OutReach Newswire – 20 October 2025 – Teledyne e2v Semiconductors is pleased to announce the successful initial qualification of its 16GB Space DDR4 memory, marking a key milestone in the advancement of high-reliability memory solutions for space-grade applications.

This 16GB DDR4 device is part of Teledyne e2v’s growing portfolio of radiation-tolerant memory products, which includes the 8GB DDR4 variant qualified last year. Doubling the capacity while maintaining the same form factor and pin compatibility, the 16GB version offers seamless integration into next-generation satellite systems without requiring hardware redesign.

The initial qualification confirms the long-term reliability and robustness of the 16GB DDR4 product. It was validated through extensive testing across three statistically significant production lots, ensuring both process consistency and performance reproducibility, critical factors for mission assurance in space environments.

Conducted in accordance with the stringent JESD47 standard, the initial qualification campaign included a comprehensive suite of reliability assessments to simulate the harsh conditions encountered in orbit, verifying the product’s resilience to temperature fluctuations, mechanical stress, and radiation exposure.

“This milestone is foundational,” said Thomas Guillemain, Marketing and Business Development Manager at Teledyne e2v. “It demonstrates that our 16GB DDR4 memory is not only reliable but also supported by a robust and repeatable assembly process. Following the successful qualification of Teledyne e2v’s 16GB Space DDR4 memory, the company has now entered the Flight Model (FM) production phase. Our first FMs – Teledyne e2v X1, designed for New Space and LEO missions – will ship this October, while NASA 1 Flight Models are on track for Q3 2026. Customers can now place orders to secure delivery for upcoming missions.”

As the previous generation, this memory solution is designed to be compatible with a wide range of space-grade processing platforms. Engineered to support the demands of modern, data-intensive space missions, from Earth observation to edge computing in orbit, it delivers the performance and reliability required for the most critical applications.

Teledyne e2v Semiconductors will be showcasing its latest innovations, including the newly qualified 16GB Space DDR4 memory, at the Seoul ADEX in Seoul, South Korea, from 20th to 23rd October 2025. We invite you to meet our team on BOOTH 7-I5 and discover how our high-reliability memory solutions are shaping the future of space-grade applications.

Hashtag: #Teledynee2v #semiconductors #DDR4memory

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

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

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