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PM Edition: Top 10 Business Articles on LiveNews.co.nz for May 16, 2026 – Full Text

PM Edition: Top 10 Business Articles on LiveNews.co.nz for May 16, 2026 – Full Text

PM Edition: Here are the top 10 business articles on LiveNews.co.nz for May 16, 2026 – Full Text

Generated May 16, 2026 06:00 NZST · Included sources: 10

1. Customer Service Excellence Award 2025 Concluded Successfully MTR Crowned Grand Champion Among Over 100 Winners

May 15, 2026

Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 15 May 2026 – The Hong Kong Association for Customer Service Excellence (HKACE) hosted the HKACE Customer Service Excellence Award Presentation Ceremony cum 26th Anniversary Celebration Luncheon last week at The Regent Hotel Hong Kong. Over 100 awards were presented to recognize outstanding customer service practitioners, with MTR Corporation named the Grand Award Champion as the highlight of the occasion.

A group photo features Hon Algernon Yau, JP, Secretary for Commerce and Economic Development (9th from right, front row); Derek Choi, Chairman of HKACE (10th from right, front row); Hon Shiu Ka Fai, BBS, JP, CPPCC National Committee Member and Member of the Legislative Council (8th from right, front row); Hon Perry Yiu, MH, JP, Member of the Legislative Council (7th from left, back row); together with HKACE Founding Members, Executive Committee members and guests.

Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 15 May 2026 – The Hong Kong Association for Customer Service Excellence (HKACE) hosted the HKACE Customer Service Excellence Award Presentation Ceremony cum 26th Anniversary Celebration Luncheon last week at The Regent Hotel Hong Kong. Over 100 awards were presented to recognize outstanding customer service practitioners, with MTR Corporation named the Grand Award Champion as the highlight of the occasion.

A group photo features Hon Algernon Yau, JP, Secretary for Commerce and Economic Development (9th from right, front row); Derek Choi, Chairman of HKACE (10th from right, front row); Hon Shiu Ka Fai, BBS, JP, CPPCC National Committee Member and Member of the Legislative Council (8th from right, front row); Hon Perry Yiu, MH, JP, Member of the Legislative Council (7th from left, back row); together with HKACE Founding Members, Executive Committee members and guests.

Held under the theme “High Tech, High Touch – AI Empowers a New Era in Customer Service”, the event attracted more than 450 guests. The Honourable Algernon Yau, JP, Secretary for Commerce and Economic Development, graced the occasion as the Guest of Honour. The award presentation ceremony was also privileged to have The Hon Shiu Ka Fai, BBS, JP, Member of the National Committee of the CPPCC and Member of the Legislative Council; The Hon Perry Yiu, MH, JP, Member of the Legislative Council; together with representatives of professional associations who served as award presenters. Members of the award judging panels and customer service industry leaders also joined the celebration to recognize the outstanding achievements of the award winners.

Hon Algernon Yau: Government Injected HK$200 Million into BUD Fund to Support AI-driven Digital Transformation

In his opening address, The Honourable Algernon Yau, JP, noted that artificial intelligence was driving customer service into a new era, shifting from human-led operations to a model that integrates data analytics and intelligent systems. Mr Yau stressed that as technology advances, human warmth becomes increasingly precious. He emphasized that true excellence in customer service is built on a customer-centric foundation, requiring service professionals to integrate technology with empathy, sincere communication and personalized attention to achieve a balance of efficiency and human warmth.

“2026 marks the start of the planning and layout for the nation’s 15th Five-Year Plan, which prioritizes high-quality development, innovation-driven growth and the deep integration of the digital economy. Hong Kong is proactively aligning itself with the country’s development strategy, contributing its unique strengths to meet national needs. The services sector, in particular, must upgrade and transform. To help, the Hong Kong SAR Government has put HK$200 million into the Dedicated Fund on Branding, Upgrading and Domestic Sales (BUD Fund), offering targeted support for AI adoption and helping businesses transform digitally.” Mr Yau stated.

Derek Choi: 40% Surge in Applications Reflected High Competitiveness and Recognition of the Awards

Mr Derek Choi, Chairman of HKACE, said “the Customer Service Excellence Award 2025 received 220 applications – a significant 40% increase from the previous year – reflecting the industry’s growing emphasis on service quality. A total of 102 awards were presented, making the competition exceptionally fierce.”

“Participants had to be nominated by the member companies and submit a written proposal in the first round to be shortlisted among the five finalists for a panel interview,” Mr Choi explained. “An independent judging panel, composed of industry elites and academics, then determined the gold, silver, bronze, and merit award winners. This rigorous assessment process upheld the award programme’s standing.” Mr Choi also extended his heartfelt gratitude to all judging panel members, noting that their selfless dedication and strong support had contributed significantly to the credibility of the awards programme.

A total of 102 awards were presented at the event amidst fierce competition. Derek Choi, Chairman of HKACE, together with honourable guests, HKACE executive committee members, and all awardees, posed for a group photo to commemorate this significant moment.

Customer Service Excellence Award 2025 Winners Unveiled: MTR Crowned Grand Champion

The Customer Service Excellence Award 2025 featured three main categories – Individual Awards, Team Awards and Programme Awards – alongside the Grand Award. MTR Corporation scooped a total of 15 awards, standing out among a strong field of competitors to be named Grand Champion. HKT Limited and The Hong Kong Jockey Club also secured the 1st Runner-up and 2nd Runner-up of the Grand Award respectively.

Other gold award winners included AIA International Limited, BMW (Hong Kong) Limited, Bank of China (Hong Kong) Limited, Cathay Pacific Airways, CLP Power Hong Kong Limited, Hong Kong Fire Services Department, Hongkong Post, and Industrial and Commercial Bank of China (Asia) Limited.

Appendix 1: List of Winners of the HKACE Customer Service Excellent Award 2025

Grand Award
Champion MTR Corporation
1st Runner-up HKT Limited
2nd Runner-up The Hong Kong Jockey Club
Individual Award – Contact Centre Service Award
Gold Bank of China (Hong Kong) Limited Tse Mei Yee, Shirley
Silver HKT Limited Li Miu Hei, Annie
Bronze AIA International Limited Luk Kwong Lam
Merit HKT Limited Yeung Shuk Yi, Joe
Merit The Kowloon Motor Bus Co. (1933) Ltd. Wan Ka Hing, Tingo
Individual Award – Counter Service Award
Gold BMW Concessionaires (HK)Ltd Lai Ka Yui, Brian
Silver CLP Power Hong Kong Limited Lau Tik Fung, Oscar
Bronze Bank of China (Hong Kong) Limited Ng Ka Ling, Aimee
Merit China Mobile Hong Kong Company Limited Yeung Fong Chun, Frank
Merit Sino Group – Citywalk 2 Management Company Limited
Individual Award – Field & Special Service Award
Gold Hongkong Post Hung Tsz Yin
Silver Ngong Ping 360 Limited Yip Ka Man, Carmen
Bronze Shell Hong Kong Limited Xia Min
Merit Bank of China (Hong Kong) Limited Luk Ka Chun, Paul
Merit Cathay Ardis Yeung
Individual Award – Frontline Service Award
Gold Industrial and Commercial Bank of China (Asia) Limited Kwan Shing Yan, Kelvin
Silver Goodwell Property Management Limited Wong Pui Ching, Rebecca
Bronze MTR Corporation Law Pak Hin, Hinson
Merit The Hong Kong Jockey Club Cheung Tsz Ching
Merit Aviation Security Company Limited Cheng Bing Lam
Individual Award – Internal Support Service Award
Gold HKT Limited Zheng Minsui
Silver BOC Group Life Assurance Co. Ltd. Ma Wing Sze, Sissy
Bronze Cathay Bianca Tang
Merit AIA International Limited Lyu Chen Yu
Merit Airport Authority Hong Kong Agnes Wong
Individual Award – Customer Service Training Award
Gold HKT Limited Law Kar Yan, Kannis
Silver The Hong Kong Jockey Club Brian Leung
Bronze Cathay Jennifer Lui
Merit MTR Corporation Chiu Tsz Ho, Ivan
Merit H Properties Management (HK) Co. Ltd. Yip Ching Ching, Janee
Individual Award – Customer Service Supervisor / Team Manager
Gold Cathay Michelle To
Silver The Hong Kong Jockey Club Miriam Hang
Bronze MTR Corporation Matthew Cheung
Merit Ocean Park Corporation Li Chi Kit, Henry
Merit HKT Limited Wong Lai Man, Ulysses
Individual Award – Top 5 Young Stars of the Year
Cathay Tedd Wong
The Hong Kong and China Gas Co. Ltd. Sham Fung Wa
Hong Kong Tourism Board Michelle Tam
CLP Power Hong Kong Limited Ng Oi Mei, Amy
Ngong Ping 360 Limited Yau Cheuk Ting, Anna
Team Award – Contact Centre Service Award
Gold Bank of China (Hong Kong) Limited Digital Hub
Silver China Mobile Hong Kong Company Limited Customer Contact Centre
Bronze MTR Corporation High Speed Rail Service Hotline
Merit Cathay Virtual Relationship Manager
Merit HKT Limited 1O1O Outbound Contact Centre
Team Award – Counter Service Award
Gold CLP Power Hong Kong Limited Smart Energy@Tai Po
Silver Bank of Communications (Hong Kong) Limited Tai Po Branch
Bronze The Hong Kong Jockey Club Kowloon Bay, Telford Off-Course Betting Branch
Merit MTR Corporation ELEMENTS Concierge Service
Merit Airport Authority Hong Kong Customer Service Team & Terminal Duty Team
Team Award – Field & Special Service Award
Gold Cathay HKIA Rescue Team
Silver The Kowloon Motor Bus Co. (1933) Ltd. KMB Field Operations Support Team
Bronze CLP Power Hong Kong Limited CLP Green Studio Multi-Purpose Vehicle
Merit Ngong Ping 360 Limited Attractions & Entertainment Team
Merit Airport Authority Hong Kong Service Team of Airport Home Baggage Check-in
Team Award – Frontline Service Award
Gold Cathay Cabin Crew Team
Silver The Hong Kong Jockey Club Tuen Mun Town Plaza Off-Course Betting Branch
Bronze HKT Limited “Here to Serve” Team
Merit MTR Corporation East Rail Line Interfacing Team
Merit Airport Authority Hong Kong HKIA VIP Lounge and Government VIP Lounge Team
Team Award – Internal Support Service Award
Gold AIA International Limited Premier Agency Enquiry Team
Silver MTR Corporation Operations Data Studio
Bronze HKT Limited Operations Transformation Team
Merit AXA China Region Insurance Company Limited Customer Strategy and Insights Team
Merit The Hong Kong Jockey Club Retail – Racecourse Work Group
Team Award – Customer Service Training Award
Gold HKT Limited Consumer Business Group Training Team
Silver AIA International Limited Service Training and Knowledge Team
Bronze MTR Corporation MTR Learning & Training
Merit Hong Kong Tourism Board Visitor Services and Human Resources
Merit ABC Pathways School Training & Development
Programme Award – Customer Retention Award
Gold MTR Corporation Elderly Care Programme
Silver CLP Power Hong Kong Limited Power Connect
Bronze HKT Limited HKT Commercial SME Customer Retention Programme
Merit The Hong Kong Jockey Club Experience Diversity, Connect with CARE
Merit Cathay Cathay Million Miles Programme
Programme Award – Digital Transformation Award
Gold MTR Corporation MTR Smart Mobility: Digital Transformation for Travel Concession Schemes
Silver CLP Power Hong Kong Limited Digital Transformation for Hong Kong ‘s Largest Residential Peak Demand Management
Bronze Airport Authority Hong Kong Smart Passenger Security Screening System at Hong Kong International Airport
Merit China Mobile Hong Kong Company Limited AI+Service
Merit Ngong Ping 360 Limited “Delight Guests Always” – NP360 AI Assistant
Programme Award – Outstanding Customer Service Award
Gold MTR Corporation Kai Tak and Sung Wong Toi Stations Customer Experience Enhancement
Silver Hong Kong Fire Services Department “Old Friends” Home Visit Scheme
Bronze Ngong Ping 360 Limited Shining You Customer Service Program- Creating Muslim Friendly Attractions in Hong Kong
Merit CLP Power Hong Kong Limited CLP Community Watch & Care Service Pilot Programme
Merit H Properties Management (HK) Co. Ltd. Happy DNA: Happier Places, Happier People
Programme Award – People Development Award
Gold Hong Kong Fire Services Department Greater Bay Area Joint Emergency Response and Rescue Exercise “Liancheng – 2025”
Silver Airport Authority Hong Kong The Operation Officer

Skill-based Salary Progression Scheme

Bronze The Hong Kong Jockey Club Racing Towards Excellence: Retail Succession Programme
Merit MTR Corporation Buddy Scheme for Newly Recruit Station Officer
Merit Aviation Security Company Limited Structured Customer Service Development Programme
Programme Award – Service Innovation Award
Gold MTR Corporation MTR Smart Mobility: Intelligent Crowd Diversion System for Kai Tak Sports Park
Silver H Properties Management (HK) Co. Ltd. Happy Moment
Bronze BOC Group Life Assurance Co. Ltd. 5+1 Senses @ Service Centre
Merit The Kowloon Motor Bus Co. (1933) Ltd. Pet Bus Tour
Merit HKT Limited Transforming Service Experience – Wise
Programme Award – Employee Engagement Award
Gold AIA International Limited “Inside Out”
Silver The Hong Kong Jockey Club “HAPPI-D” Programme
Bronze Ocean Park Corporation Village Adventure
Merit MTR Corporation Know Our Customer Programme

This press release is issued by Passion PR Limited on behalf of the Hong Kong Association for Customer Service Excellence.

Hashtag: #HongKongAssociationForServiceExcellence #HKACE

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

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

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2. Hong Kong Company Formations Surge 40.5% in 2025, Outpacing Regional Competitors

May 15, 2026

Source: Media Outreach

The prevailing narrative over the past five years suggested that Singapore was eclipsing Hong Kong; however, recent incorporation volumes challenge this. According to city-wide official figures cited by Vivian, Founder of Air Corporate, approximately 195,000 companies were registered in Hong Kong in 2025, compared to around 77,000 in Singapore.

“There was a lot of fuss about Singapore taking over Hong Kong as preferred jurisdiction over the last few years, but for 2025 alone, around 195,000 companies were formed in HK, vs around 77,000 for Singapore,” said Vivian. While city-wide registrations rose roughly 35% in 2025, incorporations at Air Corporate specifically grew by 40.5%. Vivian added, “With a 35% increase in the number of companies registered in 2025, Hong Kong is definitely back in the game as the top jurisdiction to start a company.”

Source: Media Outreach

Air Corporate data reveals 9 in 10 founders incorporated in Hong Kong do so remotely, driven by a 20% surge in Middle Eastern entrepreneurs seeking cost-effective operational alternatives to Dubai.

HONG KONG SAR – Media OutReach Newswire – 15 May 2026 – Air Corporate registered a 40.5% increase in Hong Kong incorporations in 2025, with the first quarter of 2026 already up 48% year-over-year. This data indicates that Hong Kong is reasserting itself as the leading Asian jurisdiction for company formation, fueled by a new wave of remote founders from the Middle East, North Africa, and Europe.

The prevailing narrative over the past five years suggested that Singapore was eclipsing Hong Kong; however, recent incorporation volumes challenge this. According to city-wide official figures cited by Vivian, Founder of Air Corporate, approximately 195,000 companies were registered in Hong Kong in 2025, compared to around 77,000 in Singapore.

“There was a lot of fuss about Singapore taking over Hong Kong as preferred jurisdiction over the last few years, but for 2025 alone, around 195,000 companies were formed in HK, vs around 77,000 for Singapore,” said Vivian. While city-wide registrations rose roughly 35% in 2025, incorporations at Air Corporate specifically grew by 40.5%. Vivian added, “With a 35% increase in the number of companies registered in 2025, Hong Kong is definitely back in the game as the top jurisdiction to start a company.”

The reality of Hong Kong company formation is increasingly global, lean, and founder-led. Nine in ten founders incorporated in Hong Kong with Air Corporate do not live there.

Key demographic and operational insights from Air Corporate’s client base include:

  • Approximately 90% of founders operate remotely from abroad, while 10% or less are based in Hong Kong.
  • Entrepreneurs aged 35 to 44 represent the largest age cohort at 38%, demonstrating that Hong Kong attracts founders in their prime career years rather than just younger digital nomads.
  • Serial entrepreneurs make up 60% of Air Corporate’s client mix, utilizing Hong Kong as an operational base for multiple companies, while first-time founders account for the remaining 40%.
  • A total of 89% of new companies are launched by solo founders (58%) or small teams of two to five individuals (31%).
  • Mainland China, Hong Kong, Turkey, India, the UAE, Australia, France, and Morocco rank among the top source markets for these founders.

Furthermore, 73% of new Hong Kong incorporations are directly tied to physical goods trade with China. This consists of e-commerce and dropshipping businesses (38%) and the trading of goods (35%). The recovery of in-person trade flows, including events, such as the Canton Fair and various industrial fairs, is pulling foreign founders back into the Greater China orbit and establishing Hong Kong as the natural entry point and financial layer over the world’s largest manufacturing base.

Air Corporate’s data recorded a 20% year-over-year growth in founders originating from the Middle East. This shift highlights a reverse migration where founders previously incorporated in Dubai are now choosing Hong Kong. Based on Vivian’s observations, founders often arrive in Dubai expecting fast incorporation and low costs, but discover that incorporation and maintenance are significantly more expensive than in Hong Kong, and banking remains difficult. Consequently, many founders move to Hong Kong after 12 to 24 months in the UAE, a trend accelerated by the Hong Kong government’s strategic outreach to the region.

For lean, remote-first businesses, speed-to-market is a critical factor. A founder located anywhere in the world can incorporate in Hong Kong and open a working bank account in approximately 7 days using digital banking partners. Currently, 90% of Air Corporate’s clients utilize these digital banking partners.

“Hong Kong and Singapore are the only places in Asia where you can set up your company, get a corporate account, and be in business in less than a week,” concluded Vivian.

Air Corporate is a service provider facilitating company formation and incorporation in Hong Kong for serial entrepreneurs, first-time founders, and remote-first business owners operating globally.

Media Inquiries
To learn more about Hong Kong company formation, visit Air Corporate’s website or contact their team directly.

Hashtag: #AirCorporate

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

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

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3. Voicecomm Technology (02495.HK) Forms Strategic Partnership with IT Park from Tajikistan

May 15, 2026

Source: Media Outreach

The “Tajikistan-China Digital Business Connect” IT Forum was grandly held in Beijing on May 11, 2026, during the state visit to China by Emomali Rahmon, President and National Leader of the Republic of Tajikistan. Organized by the Innovation and Digital Technologies Agency under the President of the Republic of Tajikistan, the forum brought together core players from the digital industries of both countries, marking a new chapter in Tajikistan-China digital cooperation.

The forum was attended by representatives from 70 ICT companies from Tajikistan and over 120 leading technology companies from China, including Chinese tech giants such as Alibaba, ByteDance, BYD, Huawei, DeepSeek, Kuaishou, Lenovo, and Voicecomm Technology.

Source: Media Outreach

Jointly Building an AI Ecosystem Embedded with “Computing Power + Talent + Scenario” in Central Asia

HONG KONG SAR – Media OutReach Newswire – 15 May 2026 – Voicecomm Technology Co., Ltd. (“Voicecomm Technology” or the “Company”, Stock Code: 2495.HK), a core technology provider and ecosystem operator of trustworthy conversational AI in China, is pleased to announce that the Group has signed a strategic Memorandum of Understanding (MoU) with Dushanbe Software Products and Information Technology Park (“Dushanbe IT Park“), at the recent “Tajikistan-China Digital Business Connect” IT Forum held in Beijing. The two parties will jointly establish a “Digital Talent Innovation Center” and collaborate in areas including artificial intelligence, big data, industrial internet, and embodied AI.

The “Tajikistan-China Digital Business Connect” IT Forum was grandly held in Beijing on May 11, 2026, during the state visit to China by Emomali Rahmon, President and National Leader of the Republic of Tajikistan. Organized by the Innovation and Digital Technologies Agency under the President of the Republic of Tajikistan, the forum brought together core players from the digital industries of both countries, marking a new chapter in Tajikistan-China digital cooperation.

The forum was attended by representatives from 70 ICT companies from Tajikistan and over 120 leading technology companies from China, including Chinese tech giants such as Alibaba, ByteDance, BYD, Huawei, DeepSeek, Kuaishou, Lenovo, and Voicecomm Technology.

Five Pillars: Building a Trustworthy Conversational AI System in Central Asia

Dushanbe IT Park is a national digital technology innovation and industry cluster platform prioritized by the Government of Tajikistan, recognized as an emerging digital economy engine in Central Asia. Voicecomm Technology’s cooperation with the IT Park revolves around five pillars:

  • Joint Computing Power Center Construction: Co-build a public computing platform tailored for trustworthy conversational AI R&D, providing foundational support including computing resource scheduling, model training, and data processing.
  • Enabling Real-World Scenario: Integrate practical application scenarios from government affairs, urban services, industry, and manufacturing in both China and Tajikistan to provide industrial support for technology R&D and talent training.
  • Joint Training of Engineers: Establish training bases for universities in Tajikistan and across Central Asia, offering customized training programs, instructor development, and joint curriculum design.
  • International Authority Certification Implementation: Introduce international technical certification systems, offer accredited courses for AI engineers, big data analysts, robotics applications, and issue globally recognized certificates.
  • Technology Innovation Transfer & Talent Exchange: Build a collaborative “government-industry-university-research” mechanism to facilitate the implementation of joint R&D results in Tajikistan and establish a platform for two-way digital talent exchange between China and Tajikistan.

Expand Global Ecosystem Footprints and Focus on Long-Term Value Creation

With its core technical framework of “multi-modal perception + multi-model thinking,” Voicecomm Technology has achieved commercial deployment across various verticals, including smart city management, automotive and transportation, telecommunications, finance, healthcare, and energy. By establishing localized computing infrastructure, talent cultivation systems, and technical certification standards in Tajikistan – a key hub in Central Asia – Voicecomm Technology’s globalization strategy is evolving from product export to a comprehensive competitive advantage encompassing talent, standards, and ecosystems.

Christopher Chen, General Manager of Voicecomm Technology for the Middle East and Central Asia region, attended the conference and stated: “I am honored to represent Voicecomm Technology in reaching this strategic cooperation with Dushanbe IT Park at the Tajikistan-China Digital Business Connect Forum. This is not only a crucial milestone in Voicecomm Technology’s globalization but also an export of our ecosystem model. We are committed to deeply integrating trustworthy conversational AI and embodied AI technologies into the local market – empowering local talent, co-creating industry scenarios, and participating in standard setting. This deep-seated localized ecosystem co-creation model will unlock vast long-term growth opportunities for us in markets along the Belt and Road.”

Hashtag: #VoicecommTechnology #聲通科技

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

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

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4. More Kiwi businesses to get AI support

May 15, 2026

Source: New Zealand Government

The Government is stepping up support to help small businesses adopt artificial intelligence, with the expansion of the AI Advisory Pilot announced today at the Great New Zealand AI Roadshow in Auckland.

“Expanding practical, on-the-ground support is key to helping businesses turn AI into real productivity gains,” says Minister for Small Business and Manufacturing Cameron Brewer. 

Source: New Zealand Government

The Government is stepping up support to help small businesses adopt artificial intelligence, with the expansion of the AI Advisory Pilot announced today at the Great New Zealand AI Roadshow in Auckland.

“Expanding practical, on-the-ground support is key to helping businesses turn AI into real productivity gains,” says Minister for Small Business and Manufacturing Cameron Brewer. 

“AI has the potential to lift productivity and drive economic growth, with estimates suggesting generative AI alone could contribute up to $76 billion to New Zealand’s economy by 2038.”

“Announced in January this year, the AI Advisory Pilot is delivered through the Regional Business Partner Network (RBPN) and has had strong demand from small business. We are therefore increasing the reach of the pilot by 200%, from 50 business up to 150 business. We are also widening the eligibility so more firms can take part.”

“Eligible businesses can access co-funding of up to 50 percent, capped at $15,000, for expert support to develop and implement AI plans tailored to their business needs.” Mr Brewer says.

Mr Brewer also celebrates the launch by Business Mentors New Zealand of two AI tools that help support business mentors. Both tools were developed with funding delivered by this Government.

“These tools will both provide business intel to mentors, and free them up to do what they do best – provide valuable mentoring support to businesses.”

Today’s announcements were made at the first stop of the Great New Zealand AI Roadshow.

“The strong turnout shows businesses are ready to embrace AI. The focus now is ensuring they have the confidence and capability to use it,” Mr Brewer says.

“The message is clear; AI is not just for large corporates. With the right support, businesses of all sizes can, and do, benefit.”

“This Government backs small businesses to adopt AI, lift performance, and stay competitive in a fast-changing global economy.”

Notes to editors:

Two tools are below:

The Mentoring Assist AI tool will improve how one on one mentoring conversations are captured, recorded, and supported.
The Digital Mentor tool will strengthen the support available to Business Mentor New Zealand’s network of more than 1,500 mentors. This will provide them with 24/7 access to anonymised business insights to help mentors prepare for sessions and provide guidance across key business areas, including strategy, finance and marketing.”

The AI Advisory Pilot has also been extended to run until 31 January 2027. For more information, businesses can contact their local Regional Business Partner or visit: Find your local Regional Business Partner – Business.govt.nz
More information on Business Mentors New Zealand’s AI tools can be found at: Business Mentors New Zealand
The Great New Zealand Roadshow will be visiting other centres including, Nelson 27 May, Napier 2 June, New Plymouth 4 June, Tauranga 11 June, Hamilton 16 June, Wellington 18 June, Christchurch 25 June, and a Virtual Event on 1 July. More information and tickets can be found at: The Great NZ AI Roadshow | AI New Zealand

MIL OSI

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5. BusinessNZ backs targeted changes to plant rights

May 15, 2026

Source: BusinessNZ

BusinessNZ says changes to plant variety rights (PVR) should ensure more of the value created by New Zealand science and ingenuity stays here, to drive innovation, lift export returns and support long-term economic growth.
Director of Advocacy Catherine Beard says at a time when our country must find new ways to grow export revenue, lift productivity, and fund public services in the decades ahead, strengthening the innovation foundations of our most successful export sectors is a must.
“Plant breeding is a long-term investment. In many cases it can take 15 to 25 years for new varieties to move from research through to final product. If New Zealand wants to remain competitive internationally and continue growing high-value exports, we need regulatory settings that give innovators confidence to invest here.
“In kiwifruit alone, PVR varieties account for more than 70 percent of fruit export value, supporting thousands of jobs across growing, packing, logistics and marketing.
“More than half of apple orchards grow PVR varieties, too.”
Beard says proposed amendments under consideration should better align New Zealand’s plant variety rights regime with international best practice, including key export markets such as the EU, UK and Japan.
“New Zealand’s horticulture sector already generates billions in export revenue and supports jobs right across the country. Stronger protections will help reduce the risk of intellectual property leaks during the testing and application process, while also supporting further investment into research and development.”
The BusinessNZ Network including BusinessNZ, EMA, Business Central and Business South, represents and provides services to thousands of businesses, small and large, throughout New Zealand.

MIL OSI

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6. NZ-AU: Telix Announces Collaborations to Explore PSMA-PET Imaging in Emerging Prostate Cancer Treatment Approaches

May 15, 2026

Source: GlobeNewswire (MIL-NZ-AU)

MELBOURNE, Australia and INDIANAPOLIS, May 15, 2026 (GLOBE NEWSWIRE) — Telix Pharmaceuticals Limited (ASX: TLX, NASDAQ: TLX, “Telix”) today announces that it has entered into letters of intent to pursue collaborations with EDAP TMS S.A. (NASDAQ: EDAP, “EDAP”) and Profound Medical Corp. (NASDAQ: PROF, TSX: PRN, “Profound”), leading companies developing advanced minimally invasive and image-guided treatment ablative technologies for prostate cancer, including focal, subtotal, and whole-gland treatment approaches. These initiatives reflect Telix’s commitment to advancing the integration of molecular imaging into the evolving prostate cancer treatment landscape to help inform clinical decision-making.

The collaborations will explore the investigational use of Telix’s PSMA-PET1 imaging agents Gozellix® (kit for the preparation of gallium Ga 68 gozetotide) and Illuccix® (kit for the preparation of gallium Ga 68 gozetotide) with robotic high-intensity focused ultrasound (HIFU), and other image-guided therapies designed to treat localized prostate cancer, such as transurethral ultrasound ablation (TULSA).

Source: GlobeNewswire (MIL-NZ-AU)

  • Telix to partner with companies developing advanced minimally invasive and image-guided ablative technologies for prostate cancer.
  • Initial focus on patient selection, treatment planning and post-treatment monitoring; evidence generation to inform best practice.
  • Aim to accelerate adoption of novel therapeutic workflows to enhance clinical decision making and patient outcomes.

MELBOURNE, Australia and INDIANAPOLIS, May 15, 2026 (GLOBE NEWSWIRE) — Telix Pharmaceuticals Limited (ASX: TLX, NASDAQ: TLX, “Telix”) today announces that it has entered into letters of intent to pursue collaborations with EDAP TMS S.A. (NASDAQ: EDAP, “EDAP”) and Profound Medical Corp. (NASDAQ: PROF, TSX: PRN, “Profound”), leading companies developing advanced minimally invasive and image-guided treatment ablative technologies for prostate cancer, including focal, subtotal, and whole-gland treatment approaches. These initiatives reflect Telix’s commitment to advancing the integration of molecular imaging into the evolving prostate cancer treatment landscape to help inform clinical decision-making.

The collaborations will explore the investigational use of Telix’s PSMA-PET1 imaging agents Gozellix® (kit for the preparation of gallium Ga 68 gozetotide) and Illuccix® (kit for the preparation of gallium Ga 68 gozetotide) with robotic high-intensity focused ultrasound (HIFU), and other image-guided therapies designed to treat localized prostate cancer, such as transurethral ultrasound ablation (TULSA).

Telix’s intention is to work with select partners to explore how PSMA-PET imaging may support emerging therapy workflows, which aim to preserve healthy tissue and minimize the risk of side effects such as incontinence and impotence. Collaborative activities will focus on non-promotional scientific, educational, and research engagement2.

“We are uniquely designed to enable the integration of PSMA-PET imaging with Focal One’s real-time ultrasound and fully robotic energy delivery to optimize treatment efficacy while minimizing side effects,” said Ryan Rhodes, EDAP Chief Executive Officer. “As the market leader in robotic focal therapy, with a growing global installed base, this collaboration will accelerate the development and standardization of treatment strategies to further personalize focal therapy treatments using Telix’s PSMA-PET imaging agents and Focal One Robotic HIFU.”

“Emerging clinical evidence suggests PSMA imaging may support prostate whole-gland, partial-gland, and focal ablation workflows, from treatment planning through post-treatment monitoring,” said Arun Menawat, Profound’s Chief Executive Officer and Chairman. “In collaboration with Telix, we look forward to exploring optimized workflows and generating clinical evidence that may help establish best practices and accelerate adoption of PSMA-PET imaging and the MRI-guided TULSA Procedure.”

“Precision medicine requires precision treatment strategies,” said Kevin Richardson, CEO, Telix Precision Medicine. “As disruptive technologies continue to transform prostate cancer care, we believe PSMA-PET imaging has the potential to play an important role in helping inform clinical decision-making across a range of minimally invasive and image-guided treatment approaches. We are excited to explore collaborations with market leaders in EDAP and Profound that may further advance personalized care for patients.”

About EDAP TMS SA

A recognized leader in robotic energy-based therapies, EDAP TMS develops, manufactures, promotes, and distributes worldwide minimally invasive medical devices for various conditions using ultrasound technology. By combining the latest technologies in imaging, robotics, and precise non-invasive energy delivery, EDAP introduced the Focal One® in Europe and the United States as a leading prostate focal therapy platform controlled by urologists, with the potential to expand to multiple indications beyond prostate cancer. For more information on the Company, please visit focalone.com.

About Profound Medical Corp.

Profound is a commercial-stage medical device company and an innovator in interventional MRI procedures. The company’s flagship platform, TULSA-PRO®, enables MRI-guided, incision-free prostate ablation. Physicians use the TULSA Procedure to see, ablate, and confirm therapy in real time, supporting personalized treatment strategies across the continuum of prostate care—from whole-gland to subtotal, hemi, multifocal, and focal treatment. This approach enables individualized care using prostate tissue ablation, while minimizing the potential of the side effects that are typically associated with surgery or radiation, such as urinary incontinence and/or erectile dysfunction.

Profound Medical’s technologies are approved across major global markets. TULSA-PRO is cleared by the FDA in the United States for transurethral ultrasound ablation (TULSA) of prostate tissue. In addition, TULSA-PRO is cleared for use in various jurisdictions including Europe, Canada, Saudi Arabia, India, Australia/New Zealand, and the UAE. 

IMPORTANT SAFETY INFORMATION (GOZELLIX)

WARNINGS AND PRECAUTIONS
Risk for Misinterpretation
Image interpretation errors can occur with GOZELLIX PET. A negative image does not rule out the presence of prostate cancer, and a positive image does not confirm the presence of prostate cancer. Gallium Ga-68 gozetotide uptake is not specific for prostate cancer and may occur with other types of cancer as well as non-malignant processes such as Paget’s disease, fibrous dysplasia, and osteophytosis. Clinical correlation, which may include histopathological evaluation of the suspected prostate cancer site, is recommended.

Imaging Prior to Initial Definitive or Suspected Recurrence Therapy
The performance of GOZELLIX for imaging of biochemically recurrent prostate cancer seems to be affected by serum PSA levels and by site of disease. The performance of GOZELLIX for imaging of metastatic pelvic lymph nodes prior to initial definitive therapy seems to be affected by Gleason score.

Radiation Risks
Gallium Ga-68 gozetotide contributes to a patient’s overall long-term cumulative radiation exposure. Long-term cumulative radiation exposure is associated with an increased risk for cancer. Ensure safe handling to minimize radiation exposure to the patient and healthcare providers. Advise patients to hydrate before and after administration and to void frequently after administration.

Hypersensitivity Reactions to Sulfites
Ascorbic Acid Stabilizer contains sodium metabisulfite, a sulfite that may cause allergic-type reactions including anaphylactic symptoms and life-threatening or less severe asthmatic episodes in certain susceptible people. The overall prevalence of sulfite sensitivity in the general population is unknown and probably low. Sulfite sensitivity is seen more frequently in asthmatic than in non-asthmatic people.

ADVERSE REACTIONS
The safety of gallium Ga-68 gozetotide was evaluated in 960 patients in the PSMA-PreRP and PSMABCR studies, each receiving one dose of gallium Ga-68 gozetotide. The average injected activity was 188.7 ± 40.7 MBq (5.1 ± 1.1 mCi). The most commonly reported adverse reactions were nausea, diarrhea, and dizziness, occurring at a rate of

DRUG INTERACTIONS
Androgen deprivation therapy and other therapies targeting the androgen pathway Androgen deprivation therapy (ADT) and other therapies targeting the androgen pathway, such as androgen receptor antagonists, can result in changes in uptake of gallium Ga-68 gozetotide in prostate cancer. The effect of these therapies on performance of gallium Ga-68 gozetotide PET has not been established.

Please note that this information is not comprehensive.

Please see the Full Prescribing Information here.

IMPORTANT SAFETY INFORMATION (ILLUCCIX)
WARNINGS AND PRECAUTIONS

Risk for Misinterpretation
Image interpretation errors can occur with Illuccix PET. A negative image does not rule out the presence of prostate cancer, and a positive image does not confirm the presence of prostate cancer. Gallium Ga 68 gozetotide uptake is not specific for prostate cancer and may occur with other types of cancer as well as non-malignant processes such as Paget’s disease, fibrous dysplasia, and osteophytosis. Clinical correlation, which may include histopathological evaluation of the suspected prostate cancer site, is recommended.

Imaging Prior to Initial Definitive or Suspected Recurrence Therapy
The performance of Illuccix for imaging of biochemically recurrent prostate cancer seems to be affected by serum PSA levels and by site of disease. The performance of Illuccix for imaging of metastatic pelvic lymph nodes prior to initial definitive therapy seems to be affected by Gleason score.

Radiation Risks
Gallium Ga 68 gozetotide contributes to a patient’s overall long-term cumulative radiation exposure. Long-term cumulative radiation exposure is associated with an increased risk for cancer. Ensure safe handling to minimize radiation exposure to the patient and healthcare providers. Advise patients to hydrate before and after administration and to void frequently after administration.

ADVERSE REACTIONS
The safety of gallium Ga 68 gozetotide was evaluated in 960 patients in the PSMA-PreRP and PSMA-BCR studies, each receiving one dose of gallium Ga 68 gozetotide. The average injected activity was 188.7 ± 40.7 MBq (5.1 ± 1.1 mCi). The most commonly reported adverse reactions were nausea, diarrhea, and dizziness, occurring at a rate of

In the VISION study, 1003 patients received one dose of gallium Ga 68 gozetotide intravenously with the amount of radioactivity 167.1 ± 23.1 MBq (4.52 ± 0.62 mCi). Adverse reactions occurring at ≥0.5% in patients with metastatic prostate cancer who received gallium Ga 68 gozetotide injection in the clinical study were fatigue (1.2%), nausea (0.8%), constipation (0.5%), and vomiting (0.5%).
Adverse reactions occurring at a rate of

Injection site pain has been identified during postapproval use of ILLUCCIX.

DRUG INTERACTIONS
Androgen deprivation therapy and other therapies targeting the androgen pathway
Androgen deprivation therapy (ADT) and other therapies targeting the androgen pathway, such as androgen receptor antagonists, can result in changes in uptake of gallium Ga 68 gozetotide in prostate cancer. The effect of these therapies on performance of gallium Ga 68 gozetotide PET has not been established.

Please note that this information is not comprehensive.
Please see the Full Prescribing Information here.

You are encouraged to report suspected adverse reactions of prescription drugs to the FDA. Visit MedWatch at www.fda.gov/medwatch or call 1-800-FDA-1088. You may also report adverse reactions to Telix by calling 1-844-455-8638 or emailing: pharmacovigilance@telixpharma.com.

About Telix Pharmaceuticals Limited

Telix is a global biopharmaceutical company focused on the development and commercialization of radiopharmaceuticals with the goal of addressing significant unmet medical need in oncology and rare diseases. Telix is headquartered in Melbourne (Australia) with international operations in the United States, United Kingdom, Brazil, Canada, Europe (Belgium and Switzerland) and Japan. Telix is listed on the Australian Securities Exchange (ASX: TLX) and the Nasdaq Global Select Market (NASDAQ: TLX).

Visit www.telixpharma.com for further information about Telix, including details of the latest share price, ASX and U.S. Securities and Exchange Commission (SEC) filings, investor and analyst presentations, news releases, event details and other publications that may be of interest. You can also follow Telix on LinkedIn, X and Facebook.

Legal Notices

Cautionary Statement Regarding Forward-Looking Statements. 

You should read this announcement together with our risk factors, as disclosed in our most recently filed reports with the Australian Securities Exchange (ASX), U.S. Securities and Exchange Commission (SEC), including our Annual Report on Form 20-F filed with the SEC, or on our website.

The information contained in this announcement is not intended to be an offer for subscription, invitation or recommendation with respect to securities of Telix Pharmaceuticals Limited (Telix) in any jurisdiction, including the United States. The information and opinions contained in this announcement are subject to change without notification. To the maximum extent permitted by law, Telix disclaims any obligation or undertaking to update or revise any information or opinions contained in this announcement, including any forward-looking statements (as referred to below), whether as a result of new information, future developments, a change in expectations or assumptions, or otherwise. No representation or warranty, express or implied, is made in relation to the accuracy or completeness of the information contained or opinions expressed in the course of this announcement.

This announcement may contain forward-looking statements, including within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, that relate to anticipated future events, financial performance, plans, strategies or business developments. Forward-looking statements can generally be identified by the use of words such as “may”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “believe”, “outlook”, “forecast” and “guidance”, or the negative of these words or other similar terms or expressions. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Forward-looking statements are based on Telix’s good-faith assumptions as to the financial, market, regulatory and other risks and considerations that exist and affect Telix’s business and operations in the future and there can be no assurance that any of the assumptions will prove to be correct. In the context of Telix’s business, forward-looking statements may include, but are not limited to, statements about: the initiation, timing, progress, completion and results of Telix’s preclinical and clinical trials, and Telix’s research and development programs; Telix’s ability to advance product candidates into, enroll and successfully complete, clinical studies, including multi-national clinical trials; the timing or likelihood of regulatory filings and approvals for Telix’s product candidates, manufacturing activities and product marketing activities; Telix’s sales, marketing and distribution and manufacturing capabilities and strategies; the commercialization of Telix’s product candidates, if or when they have been approved; Telix’s ability to obtain an adequate supply of raw materials at reasonable costs for its products and product candidates; estimates of Telix’s expenses, future revenues and capital requirements; Telix’s financial performance; developments relating to Telix’s competitors and industry; the anticipated impact of U.S. and foreign tariffs and other macroeconomic conditions on Telix’s business, including as a result of war or other geopolitical conflicts; and the pricing and reimbursement of Telix’s product candidates, if and after they have been approved. Telix’s actual results, performance or achievements may be materially different from those which may be expressed or implied by such statements, and the differences may be adverse. Accordingly, you should not place undue reliance on these forward-looking statements.

Trademarks and Trade Names. All trademarks and trade names referenced in this press release are the property of Telix Pharmaceuticals Limited (Telix) or, where applicable, the property of their respective owners. For convenience, trademarks and trade names may appear without the ® or symbols. Such omissions are not intended to indicate any waiver of rights by Telix or the respective owners. Trademark registration status may vary from country to country. Telix does not intend the use or display of any third-party trademarks or trade names to imply any affiliation with, endorsement by, or sponsorship from those third parties.

©2026 Telix Pharmaceuticals Limited. All rights reserved.

______________________________________
1 Imaging of prostate-specific membrane antigen.
2 PSMA-PET imaging is not currently approved for specific treatment-planning indications associated with these emerging therapies.

– Published by The MIL Network

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7. VinFast Advances Global Aftersales Strategy, Expanding Its International Service And Partnership Network

May 15, 2026

Source: Media Outreach

HANOI, VIETNAM – Media OutReach Newswire – 15 May 2026 – As part of the VinFast Global Business Conference held from May 4 to May 10, 2026, VinFast announced the signing of Memoranda of Understanding (MOUs) with 29 aftersales partners at the 2026 Global Business Conference. Organized by VinFast, the event marked the first time more than 200 investors and partners who have accompanied and will accompany VinFast across North America, Europe, the Middle East, India, Indonesia, the Philippines, and Kazakhstan have gathered together, representing another milestone in the company’s strategy to expand its global service network.

VinFast leaders and 29 after-sales partners at the Memorandum of Understanding signing ceremony held as part of the VinFast Global Business Conference.

Source: Media Outreach

HANOI, VIETNAM – Media OutReach Newswire – 15 May 2026 – As part of the VinFast Global Business Conference held from May 4 to May 10, 2026, VinFast announced the signing of Memoranda of Understanding (MOUs) with 29 aftersales partners at the 2026 Global Business Conference. Organized by VinFast, the event marked the first time more than 200 investors and partners who have accompanied and will accompany VinFast across North America, Europe, the Middle East, India, Indonesia, the Philippines, and Kazakhstan have gathered together, representing another milestone in the company’s strategy to expand its global service network.

VinFast leaders and 29 after-sales partners at the Memorandum of Understanding signing ceremony held as part of the VinFast Global Business Conference.

Under the MOUs, international partners are expected to establish EV service workshops that meet VinFast’s global standards in their respective markets. VinFast will ensure uniform, high-quality service through globally-standardized technician training and certification programs, consistent operating procedures and quality control systems, as well as a parts supply network targeting delivery of common spare parts within 24 hours in key markets.

The new agreements are part of VinFast’s long-term strategy to develop a comprehensive EV ecosystem aligned with its international standards, covering aftersales services, charging infrastructure, and customer support. This expansion is expected to further accelerate the transition to electric mobility while ensuring VinFast customers receive support throughout the entire product lifecycle.

VinFast’s international strategy is built on the operational foundation and aftersales capabilities it has already proven in Vietnam. By the end of 2025, VinFast had developed nearly 400 service workshops nationwide, bringing its total global network to nearly 800 facilities.

Building on this foundation, VinFast aims to expand to more than 1,100 service workshops globally in 2026, spanning North America, Europe, the Middle East, and Asia. The network will be deployed through multiple models, including dealerships serving retail customers, fleet and transportation business clients, and third-party local service workshop partners.

At the same time, VinFast is implementing a range of customer support policies, including repair time commitments in Vietnam, replacement vehicle support in international markets, as well as battery inspection, software updates, and technical support throughout the ownership experience.

As part of the conference, international partners also visited VinFast’s manufacturing complex and the broader Vingroup ecosystem to gain deeper insights into VinFast’s production capabilities, operational scale, and global growth strategy.

Mr. Bui Viet Hung, Deputy CEO of Global Aftersales of VinFast, said: “Our goal is not simply to expand the network, but to build a customer-centric aftersales ecosystem that delivers an outstanding experience on a global scale. Through partnerships with experienced local operators and the application of VinFast’s global standards, we aim to provide aftersales services that are exceptional, responsive, and reliable. We also aspire to bring Vietnam’s five-star service culture and spirit of dedication to the world, creating a unique experience for international customers. That is VinFast’s long-term commitment to the transition to electric mobility.

In addition to expanding its aftersales operations, VinFast continues to develop an integrated EV ecosystem that includes products, services, and charging infrastructure through partnerships with strategic partners such as V-Green and local charging infrastructure operators. Through this partner network, VinFast aims to develop a system of more than 1.5 million charging ports globally, helping expand access to charging infrastructure and deliver a seamless, convenient EV ownership experience for customers in international markets.

Hashtag: #VinFast

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. Asia NZ Foundation – Experts to gather in Wellington for symposium exploring developments shaping the Asia region

May 15, 2026

Source: Asia New Zealand Foundation

Policymakers, academics, and business leaders from across New Zealand and Asia will gather in Wellington on 20 May to discuss the geostrategic shifts shaping our region.
The Asia Symposium: Asia in Transition – The Middle Power Moment, hosted by the Asia New Zealand Foundation in partnership with The Asia Foundation, will examine the forces shaping Asia and the growing role of small and middle powers in the region.
The symposium reflects growing interest in how middle powers can help shape regional stability, strengthen economic resilience, and sustain cooperation amid rising geopolitical uncertainty.
The full-day event will feature keynote addresses, expert panels, and facilitated discussions, connecting New Zealand decision-makers with regional experts and practitioners.
Asia New Zealand Foundation chief executive Suzannah Jessep says the symposium comes at a critical time for New Zealand’s relationship with Asia.
“The Asia region is central to New Zealand’s future, economically, strategically, and diplomatically. The symposium creates an important opportunity for New Zealand decision-makers to engage directly with experts from across Asia, helping to build the relationships and understanding needed to navigate a complex regional environment.”
She adds that partnering with The Asia Foundation brings deep regional insight and expands the networks and perspectives available to New Zealand audiences.
The Asia Foundation’s vice president for strategic partnerships Thomas Parks says:
“Partnering on this symposium reflects our commitment to connecting on-the-ground knowledge with decision-makers who need it most. From supply chain resilience to regional security and geopolitics, these are issues our country offices and teams across more than 20 countries work on every day.”
We see this symposium as part of a longer-term effort to strengthen dialogue, relationships, and regional understanding between New Zealand and Asia,” he added.
Dr Julia Macdonald, the Foundation’s research and engagement programme manager, says the symposium reflects the Foundation’s commitment to timely, relevant engagement with Asia.
“The Asia region is changing fast, and New Zealand needs access to timely, policy-relevant insights to respond effectively.
“This symposium ensures those insights are tested, challenged, and translated into practical conversations that can inform New Zealand’s engagement with Asia.”
New Zealand’s Minister of Foreign Affairs Rt Hon Winston Peters will deliver the symposium’s keynote address alongside senior policymakers, business leaders, regional practitioners, and researchers from across Asia and New Zealand, including:
  • Ryan Black, director, government affairs, Microsoft ANZ
  • Professor David Capie, director, Centre for Strategic Studies, Victoria University of Wellington, and Trustee, Asia New Zealand Foundation
  • Peter Kell, Foundation senior fellow 2026 and chief operating officer, Obayashi Corporation
  • Kuik Cheng-Chwee, professor of International Relations, National University of Malaysia
  • Thomas Parks, vice president for strategic partnerships, The Asia Foundation
  • Dr Sinderpal Singh, assistant director, S. Rajaratnam School of International Studies, Nanyang Technological University
  • Professor Bec Strating, director of the La Trobe Centre for Global Security and a Professor of international relations, La Trobe University
  • Kat Tolosa, director for governance and resilience, The Asia Foundation, Philippines
  • Todd Wassel, country representative in Thailand, The Asia Foundation
  • Simon Watt, commercial barrister, public law and climate change specialist, Clifton Chambers
  • Dr Zulfikar Yurnaidi, head of energy modelling, policy and planning department, the ASEAN Centre for Energy
About the Asia New Zealand Foundation Te Whītau Tūhono
Established in 1994, the Asia New Zealand Foundation Te Whītau Tūhono is one of New Zealand’s leading authorities on Asia. Its mission is to equip New Zealanders to thrive in Asia, by providing experiences and resources to build knowledge, skills and confidence. The Foundation’s activities cover more than 20 countries in Asia and are delivered through eight core programmes: arts, business, entrepreneurship, leadership, media, research, Track II diplomacy and sports.

MIL OSI

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9. Business – Demand grows for Māori-led startup accelerator entering third year

May 15, 2026

Source: Tapuwae Roa

Tapuwae Roa has again welcomed 10 Māori-founded startups into its Tupu Accelerator, marking the third consecutive year of the eight-week programme supporting high-growth enterprises with global ambitions.
The 2026 cohort was formally welcomed last week at a mihi whakatau hosted at the University of Auckland’s Centre for Innovation and Entrepreneurship, attended by representatives from Aotearoa’s venture capital, investment, government, and innovation sectors.
Delivered in partnership with Sprout Agritech and co-funded by the Ministry of Business, Innovation and Employment (MBIE), Tupu was established to address the underrepresentation of Māori within Aotearoa’s startup ecosystem and support founders seeking to scale innovative ventures.
“We’ve seen increasing demand year-on-year from founders building ambitious ventures with global potential. At the same time, we’re seeing growing engagement from investors, industry leaders, and ecosystem partners who recognise the value and calibre of Māori innovation emerging through the programme,” says Tapuwae Roa Kaihautū, Te Pūoho Kātene.
Since launching in 2024, the accelerator has received applications from more than 200 Māori-founded startups across Aotearoa, onboarding 53 founders into the programme, with 75% identifying as Māori and a growing number of Pasifika co-founders also participating.
The programme has also continued to attract strong regional and demographic diversity, with participants representing 15 regions across Aotearoa and nearly half based outside of Auckland, Wellington, and Christchurch. Wāhine founders have consistently made up a significant proportion of participants, including 55% of the 2026 cohort.
“Part of Tupu’s role is addressing structural gaps within Aotearoa’s innovation and investment ecosystem,” says Kātene.
“Founders based outside of major centres often face reduced access to accelerator programmes, capital networks, specialist support, and investment pathways. The same barriers continue to disproportionately affect minority founders.
“Tupu exists to help close those gaps by creating pathways into high-growth entrepreneurship, investment readiness, and innovation ecosystems for pakihi Māori across the motu.”
For Tīrama Vital founder Bernece Maude (Ngāti Maniapoto), the programme represents an opportunity to further scale her venture internationally.
“Being accepted into Tupu is a big step forward for me and for Tīrama Vital. It’s an opportunity to learn, build alongside other Māori founders, and take this to the next level, growing a global wellness business from Aotearoa that creates value for our whenua, our growers, and our people,” says Maude.
Hannah Dryland (Ngāpuhi), co-founder of Insyt, says Tupu will help strengthen the company’s strategic and commercial capability as it continues developing solutions for people living with Irritable Bowel Syndrome (IBS).
“We’re excited to be part of the Tupu Accelerator. We’re here to build something that genuinely improves how people live with IBS, and this gives us the environment and support to keep moving forward,” says Dryland.
The accelerator will run over the next eight weeks and culminate in the Tupu Accelerator Showcase, where participants will pitch their ventures to investors, partners, and industry leaders.
The showcase will be held at the Aotea Centre, Auckland, on 2 July 2026. Earlybird tickets are available now for $150 + GST and can be purchased from: https://tupu2026.lilregie.com/
TUPU ACCELERATOR 2026 COHORT:
To read more about the cohort and their pakihi please visit: https://tupu.org.nz/purapura/purapura-2026/
  • Dairy Tech Solutions: Tawa Holyoake (Ngāti Whātua)
  • Ako Insight: Ashleigh Heke (Ngāpuhi) & Pati Lafaialii
  • Rauhī: Nicola Walker (Te Atiawa, Taranaki, Ngāti Ruanui) & Kelly Brown (Taranaki, Te Aitanga-a-Māhaki, Te Ātiawa (Taranaki)
  • The Long Game: Julia Steenson (Ngāpuhi, Ngāti Whātua, Waikato), Toni Lea & Cassie Roma
  • Insyt: Hannah Dryland (Ngāpuhi) & Lachlan Arthur
  • Tīrama Vital Limited: Bernece Maude (Ngāti Maniapoto)
  • Hinu Ora: Kimberly Tait (Ngāi Takoto, Ngāpuhi, Ngāti Kahungunu ki Wairarapa, Ngāti Kurī, Ngāti Whakaue, Te Aupōuri) & Rowena Lloyd (Ngāti Awa, Ngāti Kahu, Te Rarawa, Te Whānau-a-Apanui, Tūhoe, Waikato)
  • iSPARX.group Limited: Joffre Kopu (Te Ātiawa (Taranaki)), James Norling & Bram Holyoake (Te Atiawa (Taranaki))
  • KAHU.CODE Limited: Xaviere Murray-Puhara (Ngāti Kahungunu ki Wairarapa, Ngāti Porou) & Michael Puhara (Ngāti Kahungunu ki Wairarapa, Ngāti Porou)
  • PetUltra Limited: Sam Scott (Ngāti Wai) & Manu Weepu (Ngāi Tahu/Kāi Tahu).

MIL OSI

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10. Businesses slam Xero compensation process as complex, frustrating

May 15, 2026

Source: Radio New Zealand

Some Xero users say a cumbersome compensation process has compounded frustration following last week’s platform disruptions.

Source: Radio New Zealand

Some Xero users say a cumbersome compensation process has compounded frustration following last week’s platform disruptions.

A day after it announced record revenues, Xero is facing ongoing fallout from a week-long disruption to its accounting platform that was only fully resolved on Monday.

Some users have described the company’s compensation process as overly complex and frustrating.

Affected customers have received emails offering credits and inviting them to submit compensation claims, but several users told RNZ the process was onerous to the point of not being worth the time involved.

Brisbane-based company director James Hita and Hamilton business owner Hilke Giles said they were directed to a generic online support page that did not include a clear option to request a credit.

Users are required to submit supporting documentation for each claim, and Hita said the promised five-hour response time for queries elapsed without a reply.

He described the process as “a Band-aid on a stab wound”.

Giles said she could not understand why, as a business recovering from the disruptions, customers were required to start from scratch explaining issues on a page that “doesn’t even include ‘request a credit’ as an option”.

Xero chief executive Sukhinder Singh Cassidy Supplied/Xero

On Thursday, Hita finally received an email from Xero confirming a one-week credit would be applied to his subscription as a result of the outage.

However, Giles questioned why credits had not been automatically applied to affected accounts.

“Why couldn’t they provide a simple solution, like crediting customers for the subscription fees during the disruptions, instead of making them jump through time-consuming hoops?” she said.

Some users also expressed concern the disruption could delay tax returns, risking penalties.

New Zealand’s Inland Revenue and the Australian Taxation Office confirmed Xero had contacted them about the issue.

Both agencies said taxpayers and agents affected by the outage should contact them directly if needed, with requests to be considered on a case-by-case basis.

Xero responds

RNZ sought comment from Xero, which provided the following statement:

“As our CEO Sukhinder Singh Cassidy shared, some customers recently experienced intermittent disruptions accessing Xero due to a combination of platform issues and the third-party services we rely on. We sincerely apologise to affected customers for the impact this had.

“Affected subscription owners have been sent a link to apply for a credit, which Xero will review and process.

“For our accounting and bookkeeping partners who own multiple subscriptions within their practice, they can log a single credit request for all affected subscriptions with only one entry.

“We have deployed fixes and our services are currently restored. Our engineering teams continue to work round the clock to monitor and resolve any further impact to our services

“We remain dedicated to providing the reliable service our partners and small business customers expect from us.”

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

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