HONG KONG SAR – Media OutReach Newswire – 22 May 2026 – Phancy Group Co., Ltd. (“Phancy” or “The Company”, stock code: 6682.HK), a leading general artificial intelligence company, today announced its unaudited consolidated results for the first quarter ended 31 March 2026.

During the period, Phancy achieved revenue of approximately RMB1.458 billion, representing a 35.4% year-on-year increase. Gross profit margin remained at 35.1%. Phancy leveraged its deep expertise in full-stack AI cloud services, to capitalize on the accelerating adoption of localized computing power and strong enterprise demand for AI solutions. The Company achieved robust growth in its core businesses, accelerated product innovation, and secured several major partnerships, sustaining strong operational momentum.

2026 First Quarter Business Highlights:

Unified Enterprise AI Platform Drives Explosive Core Business Growth

Global computing resources remain constrained, while demand for both private enterprise AI deployments and API-based model calls continues to grow rapidly. Phancy’s enterprise-grade AI platform is built on a unified core architecture that seamlessly supports both API calling scenarios and dedicated private deployments. This significantly boosts AI application efficiency and resource utilization. Supported by a mature computing power supply chain developed over many years, Phancy’s deployable computing power resources have increased by over 200%. This enables the Company to effectively meet surging Token demand and consistently deliver stable, high-quality AI services to its customers.

In the first quarter of 2026, API Token call volume surged nearly 6 times compared to the same period in 2025, and already accounted for nearly 40% of the full-year 2025 total. Meanwhile, the Agentic AI business expanded rapidly, with deepening commercial adoption. Orders on hand grew nearly 100% compared to the end of 2025, emerging as a major growth driver for the Company.

AI Technology Iteration Accelerates, Commercialization Beats Expectations

Building on its continued push into digital employee applications and AI empowerment across business units, Phancy has significantly shortened the product development cycle from R&D to commercialization, enhancing overall operational efficiency and customer satisfaction.

As of mid-May 2026, ModelHub XC has completed adaptation and optimization for over 70,000 AI models on domestic chips, achieving more than 70% of its full-year target – well ahead of schedule.

In May, Phancy launched PhanthyMovie, a professional-grade AI video generation platform designed to enhance creativity, control, and stability in video production, enabling standardized and large-scale content creation for the industry.

Leveraging its advanced technology and proven execution capabilities, PhanthyMovie achieved rapid commercial traction. Just days after launch, the Company entered into a strategic cooperation agreement with Huanxi Media, covering approximately US$200 million in AI Token usage. The two parties will also collaborate on the development of a next-generation AI-powered film and television content production platform, further strengthening Phancy’s position in the AI-driven cultural and creative sector.

Core Products Align Closely with Policy Trends, Strengthening Compute-Model Integration

Since May 2026, China’s AI sector has seen a series of positive policy developments focused on computing infrastructure, data element circulation, and open-source compliance governance. Phancy’s core products, including HAMi vGPU and ModelHub XC, are well-aligned with national policy directions and mainstream industry trends.

In terms of computing resource allocation, policies emphasize cross-regional collaboration and broader access to computing power. Phancy’s HAMi vGPU offers unified scheduling and fine-grained resource partitioning, effectively improving utilization rates, optimizing data center energy efficiency, and supporting unified management across multiple chips to boost single-card efficiency.

In data and model governance, the government continues to promote high-quality dataset development and compliance management. ModelHub XC supports multi-model adaptation and optimization, incorporates data traceability and security certification features to help enterprises reduce compliance risks, and uses the EngineX engine for batch adaptation of domestic chips and models. This significantly improves compatibility while enhancing Token output efficiency through targeted model tuning.

Through deep integration of its computing and model layers, Phancy has built a comprehensive “Compute–Model” integrated solution. This addresses key industry needs such as efficient computing utilization, secure data supply, enterprise compliance, and domestic substitution, while strengthening its technological moat. The Company is well positioned to capture policy dividends and industry opportunities, supporting enterprises in their digital and intelligent transformation.

Hashtag: #PhancyGroup

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Over Half of Youth Feel Inferior Due to Parental Criticism: Accumulated Emotions Increase Risks of Depression

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BANGKOK, THAILAND – Media OutReach Newswire – 22 May 2026 – Thai Cement Manufacturers Association (TCMA) marked a significant national milestone in advancing the decarbonization of Thailand’s cement and concrete industry toward Net Zero 2050. This progress is driven by strong collaboration among government agencies, industry players, and international partners under the “Decarbonization of the Cement and Concrete Sectors in Thailand” project, while accelerating the adoption of technology, innovation, and green investment to enhance competitiveness and support long-term economic growth.

Dr. Chana Poomee, Honourary Chairman of TCMA and President of ASEAN Federation of Cement Manufacturers (AFCM), stated that today’s “National Milestone” reflects the power of collaboration at both national and international levels. The initiative is led by the United Nations Industrial Development Organization (UNIDO), in partnership with TCMA and key Thai government agencies, including the Department of Climate Change and Environment and the Department of Industrial Works, with financial support of CAD 8 million from the Government of Canada through Environment and Climate Change Canada (ECCC), to accelerate tangible greenhouse gas reductions in the cement and concrete sector.

TCMA, as the industry representative, serves as a central platform connecting stakeholders across the entire value chain, driving the implementation of the “Thailand 2050 Net Zero Cement and Concrete Roadmap.” This aligns with Thailand’s NDC 3.0 targets, strengthening industrial competitiveness, attracting green investment, and fostering sustainable economic growth.

“Decarbonization is not only a pressing challenge but also a strategic opportunity to enhance national competitiveness. The progress achieved under this project spans policy development, innovation, technology deployment, standards, and capacity building-key enablers that will accelerate the industry’s transition toward Net Zero”, Dr. Chana said.

A key technological advancement under the project is the introduction of the Mobile Carbon Capture Unit (MCCU) from CETRI, Canada. This advanced and flexible technology is designed for real-world industrial operations and will be piloted starting in June, rotating across cement plants of TCMA members in the SARABURI SANDBOX. The pilot aims to validate performance under diverse operational conditions and pave the way for large-scale industrial application.

“The deployment of MCCU in Thailand highlights the strength of international collaboration in bringing advanced technologies into real-world application. It accelerates learning-by-doing, validates technological performance, strengthens local technical capabilities, and reduces investment risks-laying a strong foundation for future scale-up”,
Dr. Chana added.

From an investment perspective, the development of technology-ready and standards-aligned projects enhances investor confidence, increases the attractiveness of green investment, and improves access to sustainable finance-key drivers in accelerating the industry’s transition to Net Zero.

TCMA continues to advance the industry under a “Collaborative Mindset-Action-Value,” promoting the systematic adoption of low carbon technologies, including low carbon cement innovations such as Limestone Calcined Clay Cement (LC³), Carbon Capture, Utilization and Storage (CCUS). These solutions not only reduce emissions but also improve efficiency, lower long-term costs, and strengthen global competitiveness.

At the regional level, TCMA is expanding its role through AFCM by fostering collaboration and advancing the AFCM Decarbonization Roadmap, which serves as a shared framework to reduce carbon emissions across ASEAN’s cement industry while enhancing regional technology, standards, and competitiveness.

“As President of the AFCM, TCMA is committed to driving ASEAN toward becoming a low carbon region by leveraging collaboration as a key mechanism to accelerate technology transfer, strengthen the industry capabilities, and unlock new regional economic opportunities”,
Dr. Chana said.

TCMA reaffirmed its commitment to strengthening collaboration and welcoming international support in both technology and finance to accelerate the transition toward a low carbon industry, while enhancing Thailand’s competitiveness on the global stage.

Hashtag: #TCMA #CementActionToNetZero #NetZero2050 #Decarbonization

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MIL OSI

• Significant reductions in energy consumption, CO₂ emissions, and operating costs for energy-intensive industries
• Growing demand highlights strong market potential for sustainable heating technologies

NUREMBERG, GERMANY – Newsaktuell – 21 April 2026 – Innomotics, a globally leading supplier of electric motors and large drive systems, is advancing the decarbonization of industrial heat processes with its solutions for industrial heat pumps. By electrifying the heat process, companies can significantly improve energy efficiency, reduce emissions, and lower long-term operating costs.

Industrial heating is one of the largest contributors to global energy consumption, with more than 70 percent of process heat still generated from fossil fuels. Industrial heat pumps offer a highly efficient alternative by upgrading ambient and waste heat to usable temperature levels of up to 150°C. This makes them a key technology for reducing CO₂ emissions and achieving global climate targets.

The electrification of heat processes is a critical step in industrial transformation. Heat pumps deliver thermal output several times higher than the electrical energy input, making them one of the most efficient technologies for converting electricity into heat. When powered by renewable energy, CO₂ emissions can be virtually eliminated.

Innomotics provides a comprehensive portfolio of high- and low-voltage motors as well as medium-voltage drives to ensure reliable and efficient operation of heat pump compressors. The systems are designed for maximum availability, enabling operation for up to five years without scheduled shutdowns, and can be seamlessly integrated into existing industrial processes.

In addition to environmental benefits, operators gain from significantly lower operating costs, reduced maintenance requirements, and system availability of up to 99.9 percent. Industrial heat pumps also enable new opportunities for waste heat recovery and integration into district heating networks.

A flagship example is the largest heat pump system in the Netherlands, where heat is recovered daily from 65 million liters of treated wastewater. With Innomotics solutions, the system supplies district heating to around 20,000 households, covers approximately 15 percent of regional heat demand, and reduces CO₂ emissions by about 30,000 tons annually.

“Industrial heat pumps are a key technology for the energy transition and energy addition. They enable efficient use of existing heat sources while significantly reducing emissions. With our drive solutions, we provide the foundation for a sustainable and economically viable heat supply in industry,” says Michael Reichle, CEO of Innomotics.

He adds, “Operators are under pressure to make their processes both more efficient and more sustainable. Our technologies offer a scalable and economically a very attractive solution that supports the transition to electrified, low-carbon industrial operations.”

Recently awarded industrial heat pumps projects

Innomotics supplies key drive technology for world’s largest industrial heat pump at BASF, Germany:
Innomotics GmbH has received a major order from Piller Blowers & Compressors GmbH to deliver 11 water-cooled HV M high-voltage motors and GH180HC medium-voltage converters. The systems will be deployed in the world’s most powerful industrial heat pump at BASF in Ludwigshafen.

Designed specifically for the requirements of PILLER and BASF, the Innomotics solutions combine compact design, high efficiency, and long-term reliability. The heat pump system will generate up to 500,000 tons of steam per year, while the water-cooled drive technology ensures low noise emissions and efficient, continuous operation.

Largest heat pump system in the Netherlands supplies 20k households with sustainable district heat
The Dutch energy company Eneco is pursuing climate neutrality by leveraging aquathermal energy from wastewater to supply district heating networks in Utrecht and Nieuwegein. At the core of the Netherlands’ largest heat pump system, advanced motor and drive solutions from Innomotics enable the recovery of heat from around 65 million liters of treated wastewater per day. This results in a highly efficient and sustainable solution: approximately 30,000 tons of CO₂ emissions are saved annually, around 20,000 households are supplied with district heating, about 15 percent of Utrecht’s heat demand is covered, and 27 MW of thermal energy is generated.

Innomotics powers wastewater-based district heating in Amiens, France:
With high-performance motor and drive solutions from Innomotics, Amiens Énergies is transforming treated wastewater into sustainable district heating. At the core of the system, 24 compact SD motors drive six large ammonia heat pumps, generating 18 MW of clean heat and supplying around 26,800 households.

By recovering thermal energy from 8.5 million m³ of wastewater annually, the solution reduces CO₂ emissions by approximately 41,000 tons per year while enabling a renewable energy share of over 70 percent. The robust and efficient Innomotics motors ensure reliable continuous operation under demanding industrial conditions, making the project a benchmark for climate-neutral urban heating.

Innomotics enables efficient industrial heat pump operation in Finland:
At a major industrial heat pump installation in Finland, Innomotics supplied advanced drive technology to increase overall plant efficiency in a connected paper mill.

Innomotics delivered a variable frequency drive for a centrifugal compressor, supporting a 6.1 MW motor (6.6 kV, 2-pole). The system recovers process heat and feeds it back into operations, improving efficiency while reducing energy consumption and emissions.

Additional Industrial Heat Pumps materials:
Our benefits and solutions for industrial heat pump technology
Explore the 3D visualization in our virtual world: Innomotics Electrosphere

For more information, visit https://www.innomotics.com/hub/en/applications/industrial-heat-pumps
Follow us on LinkedIn: www.linkedin.com/company/innomotics

For more information, visit www.innomotics.com.

Hashtag: #Innomotics

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HONG KONG SAR – Media OutReach Newswire – 22 May 2026 – Yeebo (International Holdings) Limited (“Yeebo”; Stock Code: 00259.HK, together with its subsidiaries, the “Group”) is pleased to announce that its wholly-owned subsidiary, Suanova Technology Limited (“Suanova”), has officially established a presence at Hong Kong Cyberport (“Cyberport”) and launched its domestic Token-as-a-Service (“TaaS”) business. This milestone marks a significant strategic step in the Group’s accelerated expansion into the fast-growing AI computing services sector.

Powered by Cyberport to Build a New AI Computing Services Hub

Leveraging Cyberport’s robust technological infrastructure and vibrant innovative ecosystem, Suanova is well-positioned to fully capitalize on Hong Kong’s role as a strategic gateway and the unique advantages of the Greater Bay Area, accelerating the rapid growth of its TaaS business. As Hong Kong’s digital technology hub and AI accelerator, Cyberport is home to a thriving community of over 2,300 companies, encompassing a diverse range of technology enterprises and industrial resources. It enables Suanova to connect seamlessly across the AI value chain and engage with a wide base of potential clients, creating a highly competitive platform for scalable business growth while further expanding its reach in the AI computing services market.

One-Stop TaaS Platform Accelerates AI Commercialization

Powered by its proprietary domestic heterogeneous computing infrastructure, Suanova has built a unified, high-efficiency API service system that delivers cost-effective, locally optimized large model solutions for enterprises. Through flexible and scalable service capabilities, Suanova empowers enterprises to rapidly develop AI applications and intelligent agents, accelerating commercialization and deployment. Its cube-router.com platform transforms AI computing resources into on-demand, ready-to-use services, ushering in a new era of “TaaS”. This significantly lowers barriers to AI adoption while enabling digital and intelligent transformation at scale.

“We are pleased to see Suanova successfully establish its presence at Hong Kong Cyberport. Backed by Cyberport’s solid resource foundation, supportive government policies and resources, and extensive corporate network, Suanova is well equipped to drive strong growth. Looking ahead, we will leverage Cyberport’s infrastructure and ecosystem to accelerate commercialization and scale our business, strengthening our footprint in the Asia-Pacific computing services market,” said Mr. Chen Da-liang, CEO of Suanova.

Sharing Industry Insights at Cyberport Forum

Today, Suanova was invited to participate in Cyberport’s “Insight Exchange”「洞察交流」forum, joining the panel discussion titled “The Future of AI Chips: Why Hardware Diversity Fuels Innovation”「AI 晶片新未來：多元硬件赋能無限創新」. During the session, Mr. Gu Meng, Senior Vice President of Suanova, shared key insights and practical experience on how AI chip hardware empowers industrial innovation and engaged in discussions on emerging AI trends with industry peers. This participation further enhanced Suanova’s market visibility while strengthening collaboration with Cyberport and ecosystem partners.

Shanghai Cube Drives Computing Efficiency and Expands Industry Applications

Suanova continues to advance high-performance computing infrastructure through its flagship product, Shanghai Cube – a fully domestic, high-density computing system engineered from the ground up. By decoupling the design and manufacturing within its integrated hardware-software architecture, Shanghai Cube consolidates innovations from leading domestic technology providers into a unified, scalable platform. It features comprehensive integration and optimization of key hardware and software components, including domestic high-performance GPU chips, network switching chips, liquid cooling systems, operating systems, and orchestration platforms, delivering a best-in-class, plug-and-play solution. Notably, Shanghai Cube features a high-density architecture capable of supporting up to 128 GPU modules within a single standard cabinet, significantly surpassing the typical domestic configuration of 32 GPUs. This makes it ideally suited to space-constrained environments such as Hong Kong. With utilization rates consistently exceeding 90%, it delivers outstanding operational efficiency and cost effectiveness.

Shanghai Cube exemplifies Suanova’s end-to-end capabilities through its “Super Integration” model, offering a one-stop enterprise solution spanning cloud and compute services, private deployments, as well as AI model and application development. Beyond AI infrastructure, Shanghai Cube is expanding into broader industries, including healthcare and banking and finance services, with solutions already rolling out. Building on this momentum, Suanova considers leveraging Shanghai Cube’s platform and ecosystem strengths to drive the next phase of TaaS growth.

“Looking ahead, we are scaling decisively in AI computing to unlock the full potential of Suanova’s integrated technology and platform capabilities. As AI adoption accelerates, computing power is emerging as the key driver of the next industrial transformation. We are not just participating – we are leading. By strengthening our ecosystem, sharpening our competitive edge, and deepening strategic partnerships, we are well-positioned to seize this once-in-a-generation opportunity – establishing Yeebo and Suanova as leaders in next-generation domestic AI computing services while helping shape the future of the global digital economy,” said Mr. Fang Yan Tak, Douglas, Chairman of Yeebo.

Hashtag: #Yeebo

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HONG KONG SAR – Media OutReach Newswire – 22 May 2026 – Amid rapid social, economic, and environmental changes, Hong Kong faces significant challenges such as demographic shifts and economic transformation, while also encountering development opportunities through technological advancements and regional integration. Collaborative efforts across all sectors are essential to build a sustainable and livable Hong Kong with innovative ideas and solutions.

The Hong Kong Council of Social Service (HKCSS) organized “S+ Summit 2026” today. Under the theme of “Tech for Good”, offering a multiple perspective towards how technological advancement is reshaping social development while examining the challenges and opportunities facing social sustainable development. Over 700 participants from technology enterprises, charitable foundations, policy research institutes, social service organizations, and social enterprises, to engage in cross-disciplinary dialogue. By fostering “Tech for Good and Co-creation”, HKCSS aspire to build a robust ecosystem, accelerating digital transformation within the social service sector to collectively address the evolving needs of sustainable social development.

The Revd Canon Hon Peter Douglas KOON Ho-ming, SBS, JP, Chairperson of HKCSS, stated: “Driven by the wave of AI and data application, we understand how digital transformation creates both opportunities and challenges to social welfare sector. The annual flagship initiative “S+ Summit” is to promote technology empowerment, resource matching for the organizations, in a way to rebuild their competitive edge, enhancing service efficiency to align with China’s 15th Five-Year Plan, forging a new path of social development.”

Mr HO Kai Ming, JP, Under Secretary for Labour and Welfare of HKSAR, stated “The SAR Government has always attached great importance to, and actively promoted, the application of innovation and technology in social welfare services. Advanced technology should not only serve as a tool for enhancing efficiency, but can also be used to address social issues and promote the public good. Let us harness the power of technology to work together in building a harmonious, stable, caring and inclusive society.”

Mr Angus ZHU, Architect, Technology Architecture Department, Tencent Sustainable Social Value Organization (SSV) and Mr David Spriggs, Chief Executive Officer, Infoxchange Australia are invited as speaker of Keynote Speech: “Tech-Driven Future: Key Dynamics for Digital Transformation in Social Service Organizations”. They shared the successful cross sector collaboration case from domestic and international market, examined how social service organizations can leverage frontier technologies like Big Data and Artificial Intelligence, mastering the key dynamics and performance metrics to accelerate digital transformation. The Hon Duncan CHIU, Legislative Council Member (Technology and Innovation) of HKSAR, moderated the panel discussion to facilitate deep exchange of insights with the two speakers.

The “S+ Summit 2026”, features symposium, roundtable and workshop sessions, explore the pivotal driving roles of AI and big data in digital transformation, service innovation, strategic philanthropy, and future skills training. A new addition this year, the “Tech Clinic Free consultation” feature professionals from Hong Kong, Chinese Mainland and Singapore, providing one‑on‑one consultation on digital strategy and transformation, and case discussion.

The successful conclusion of “S+ Summit 2026” marks a new milestone in deepening the collaboration between social welfare and technology and innovation sector. HKCSS will continue to act as a catalyst for social transformation by practicing “Tech for Good” to connect with more social resources with technical expertise, to help the sector seize technological opportunities and improve people’s well-being, working together to build a more resilient, inclusive, and sustainable society.”

Hashtag: #HKCSS

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HONG KONG SAR – Media OutReach Newswire – 22 May 2026 – At the International Hydrogen Development Symposium 2026 today (May 18), nine pioneering companies from Korea, the Chinese Mainland, France, and Hong Kong – including Hyundai Motor Group – signed a landmark Memorandum of Understanding (MOU) on hydrogen ecosystem building, marking a major step toward advancing the city’s green economy.

This multi-party signing was officiated by Deputy Minister for Territorial and Urban Policy at Ministry of Land, Infrastructure and Transport of the Republic of Korea, Mr Jeong Eui-kyung; the Acting Secretary for Environment and Ecology, Miss Diane Wong; the Director of Electrical and Mechanical Services, Mr Poon Kwok-ying; and the Director-General of Investment Promotion of Invest Hong Kong (InvestHK), Ms Alpha Lau.

Spearheaded by Hyundai Motor Group, the MOU establishes a collaborative framework to build a comprehensive, self-sustaining hydrogen ecosystem in Hong Kong, targeted to be fully operational by the end of 2030. The collaboration will prioritise the development of waste-to-hydrogen technologies to convert landfill gas into clean energy, along with an immediate focus on piloting a liquefied hydrogen refuelling infrastructure. To enable full value chain integration, it also targets the deployment of customised hydrogen fuel cell commercial vehicles, including tour and airport shuttle buses.

Through facilitating public-private partnerships and inter-governmental collaboration, InvestHK is supporting Hyundai Motor Group and its partners to implement go-to-market strategies aligned with the shared vision for hydrogen ecosystem building.

This partnership will also position Hong Kong as a strategic base for Hyundai Motor Group’s hydrogen business expansion across the Asia-Pacific region.

Miss Wong said, “This collaboration marks a significant milestone in developing tangible, on-the-ground hydrogen applications to accelerate the green transition towards carbon neutrality. By combining Korea’s world-class technological capabilities with Hong Kong’s strategic urban context, Hong Kong could serve as an exceptional international demonstration platform for showcasing green and low-carbon technologies. If these cutting-edge innovations could be applied and scaled up successfully here, it will serve as a positive model and provide highly viable options for reference by modern cities worldwide.”

Ms Lau said, “Today’s multi-party signing is both a landmark moment for Hong Kong’s green economy and a clear signal that the city’s hydrogen ecosystem is gaining real traction. Over the past three years, InvestHK has helped leading hydrogen enterprises establish themselves in Hong Kong, several of which have since listed on the Hong Kong Stock Exchange, raising over $2.5 billion in total. For businesses with global green ambitions, Hong Kong is where business growth takes shape.”

Executive Vice President and Head of Energy & Hydrogen Policy Sub-Division at Hyundai Motor Group, Mr Seung Kyu-shin, said, “This MOU was signed as Hyundai Motor Group’s commitment to advancing Hong Kong’s proactive hydrogen policies and driving the acceleration of its hydrogen ecosystem utilising the Group’s hydrogen business capability and experience. Starting with Hong Kong, we look forward to expanding our collaboration and business opportunities across the broader Asia-Pacific hydrogen market.”

Partners entering into this MOU include Hyundai Motor Company and Hyundai Engineering & Construction from Hyundai Motor Group, China Inspection Co Ltd, Chun Wo Bus Services Limited, Chun Wo Construction & Engineering Company Limited, Jiangsu Guofu Hydrogen Energy Equipment Co Ltd, JEA ENG, Templewater Limited, the Hong Kong and China Gas Company Limited, and Veolia Hong Kong Holding Limited.

This multi-party, long-term collaboration is set to establish a robust, end-to-end hydrogen industry chain – spanning production, storage, transportation, refuelling and utilisation.

New energy is vital to Hong Kong’s Climate Action Plan 2050 and the national dual-carbon goals. As set out in the Chief Executive’s 2025 Policy Address, Hong Kong will establish public hydrogen filling facilities on Hong Kong Island and in Kowloon, press ahead with more hydrogen trial projects, and develop the GBA Hydrogen Corridor in collaboration with Guangdong Province. The Hong Kong Special Administrative Region Government is actively advancing hydrogen development through technological innovation, talent cultivation, ecosystem building, and regional co-ordination. To date, over 30 hydrogen trial projects have been greenlit, paving the way not only for decarbonisation targets, but also for unlocking new quality productive forces for green economic growth.

Hashtag: #InvestHK

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HOHHOT – Media OutReach Newswire – 22 May 2026 – From May 17 to 19, 2026, Hohhot, Inner Mongolia, proudly hosted the China main venue event for International Museum Day, centered around the theme “Museum: A Bridge Connecting the World.” Situated at the eastern gateway of the Grassland Silk Road and a key point along the Ancient Tea Horse Road, Hohhot has long served as a vital commercial and cultural crossroads linking the grasslands with China’s Central Plains, as well as connecting China with Russia, Mongolia, and the broader Eurasian region. Historically a hub for East-West cultural exchange, Hohhot continues to play a significant role as a northern gateway in China’s opening-up strategy. By hosting this prestigious national cultural event, China reaffirms its commitment to fostering intercultural dialogue through museums, enhancing the sense of shared identity among the Chinese people, and promoting mutual learning and exchange between China and the international community.

The event was jointly organized by the National Cultural Heritage Administration and the People’s Government of Inner Mongolia Autonomous Region. It brought together over 500 participants, including leaders from the museum and cultural heritage sectors, experts, scholars, and international guests, to explore innovative directions for museum development.

In recent years, Hohhot’s museum sector has experienced rapid growth, marked by continuous enhancements in public cultural service capabilities. The city has established a well-planned and distinctive museum system. The Hohhot Museum has pioneered a “one main museum with six branches” model, integrating premier institutions such as the Zhaojun Museum and the General’s Yamen. This approach has enabled the city to consistently present high-quality exhibitions, positioning museums as vital platforms for showcasing the cultural exchanges and integration among diverse ethnic groups, as well as promoting China’s rich traditional heritage.

The opening ceremony on May 18 at the Inner Mongolia Museum highlighted China’s museum achievements since the 14th Five-Year Plan, shared key cultural heritage updates, and emphasized museums’ role as bridges connecting history and the present, China and the world, and the hearts of all ethnic communities.

During the event, three major exhibitions were launched simultaneously. The Heaven and Earth in Harmony: Exhibition of Ancient Chinese Music Culture, the Rivers and Mountains Shining: The Historical and Cultural Display of Hohhot, and the Radiance of Gold and Jade: Colorful China. Featuring nearly 300 exquisite bronze, gold, jade, and stone artifacts from numerous cultural institutions nationwide, these exhibitions span 8,000 years of heritage and vividly illustrate the rich diversity and unity of Chinese civilization, as well as the history of ethnic integration and coexistence.

Alongside the exhibitions, main and youth forums convened domestic and international experts and scholars to engage in in-depth discussions on industry development, international collaboration, and related topics, infusing fresh insights and youthful enthusiasm into the ongoing advancement of museums. On the evening of the 18th, the “Museum Night” immersive performance debuted at Dazhao Square, blending ethnic art, intangible cultural heritage skills, and light and shadow effects to vividly showcase the captivating fusion of the three major cultures of the grasslands, the Yellow River, and the Great Wall.

Building on the momentum of the main event, Hohhot also launched the 2026 “Museum Season,” featuring a series of exhibitions, educational tours, and cultural tourism routes extending through the National Day holiday. This initiative fosters deeper integration between cultural heritage and the tourism industry, making cultural treasures more accessible to the public.

From its historic role as a hub on the Grassland Silk Road to its current status as a platform for civilizational dialogue, Hohhot’s high-caliber cultural offerings showcase the unique qualities and openness of Chinese civilization. The city’s museums truly serve as enduring bridges connecting China with the world and facilitating meaningful global exchanges.

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Recognition reflects TDCX’s evolution into a global firm helping clients navigate digital and AI transformation with a combination of human expertise, intelligent technology, and operational precision

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JOHOR, MALAYSIA – Media OutReach Newswire – 22 May 2026 – Forest City Golf Resort announced that the Forest City Classic Course recorded its largest year-on-year rise in rankings to date in the 2026 Asia Top 100 Golf Courses, advancing 14 positions to No. 36 in Asia and retaining its status as Malaysia’s top-ranked course. Adding to the momentum, the on-site Forest City Golf Hotel was recently recognised with the 2025 Agoda Gold Circle Award. As Malaysia gears up for Visit Malaysia 2026 and Visit Johor 2026, the resort expects heightened regional interest in golf travel.

Strong Rankings and Asia Golfing Trend Underscore Forest City’s Readiness for Increased Demand

According to Forest City Golf Resort, it hosted more than 100,000 golfers in 2025. Driven by national and state campaigns and expected rising interest in golf, 2026 is expected to see continued growth in visitor arrivals, especially among recreational and leisure-focused golfers.

Visit Malaysia 2026 and Visit Johor 2026 are complementary, government-led tourism campaigns designed to stimulate inbound and domestic travel through coordinated promotion, marquee events, and service enhancements across key gateways and destinations. With ambitious targets — Visit Malaysia 2026 aims to attract 47 million tourists and generate RM147.1 billion in tourism receipts, while Visit Johor 2026 targets 12 million visitors and an estimated RM42 billion in economic impact by year-end — these initiatives are expected to drive increased demand for hospitality, events, and leisure around Forest City SFZ throughout 2026.

Meanwhile, Asia has seen a growing interest in golf participation and travel. Urban driving ranges and family-oriented mini-golf are broadening entry points to the game, and independent data from the R&A, one of the two governing bodies globally determining the rules of golf, revealed in 2024 that Asia leads the global golf population ahead of Europe, Canada, and all other R&A affiliated regions (excluding the US and Mexico, which are affiliated with the USGA). International golf travel into Asia is also growing, with Southeast Asia in particular strengthening its position as one of the most attractive regions for golf tourism due to championship courses, quality hospitality, and diverse cultural experiences — signalling a broad-based upswing supported by participation growth, investment, and tourism.

Against this backdrop, with the Forest City Classic Course ranking No. 36 in Asia and No. 1 in Malaysia for 2026, the resort is well positioned to translate demand into stay-and-play bookings, corporate golf events, and family getaways. Forest City Golf Resort also recently won the 2025 Agoda Gold Circle Award, reinforcing its appeal as an integrated golf-and-hospitality proposition designed to support stronger occupancy, longer lengths of stay, and higher per-guest spend through 2026.

Classic and Legacy Courses Anchor Forest City Golf Resort: Seven Years, One Consistent Verdict

Forest City Golf Resort in Johor, Malaysia, offers two 18-hole championship courses: the Classic Course, designed by veteran course architect Liang Guokun, and the Legacy Course, a signature collaboration between Jack Nicklaus and Jack Nicklaus II. Both have achieved strong rankings in Asia.

Co-hosted by the Chinese and Korean editions of Golf Travel magazine since 2016, the Asia Top 100 Golf Courses ranking evaluates course design, playability, landscape aesthetics, and technical difficulty. The Classic Course first entered the list in 2018 and has maintained an unbroken presence through 2026.

In 2026, the Classic Course placed No. 36 in Asia — an improvement of 14 places. Within Malaysia, three courses were recognised; Forest City ranked No. 1 nationally, with the others at No. 55 and No. 73.

Forest City views this sustained recognition as evidence of relentless operational refinement and consistent course quality. In a competitive ranking where many venues rotate in and out, seven consecutive appearances reflect consistently high professional standards in design, conditioning, and the playing experience, as well as a deep commitment to achieving higher levels of excellence.

Course Design Philosophies: Return to Nature, Calibrated Challenge

Forest City Golf Resort’s 36 holes present complementary architectural signatures at international championship standard.

The Classic Course, by veteran architect Liang Guokun, exemplifies his “Return to Nature” philosophy through multi-layered landscapes, sculpted bunker lines, and lake vistas integrated strategically across every hole. The lakes form part of the course’s water management system, delivering visual drama and functional sustainability in tandem. Liang’s standing is independently validated: both the Classic Course and his Holiday Island Golf Club feature in the 2026 Asia Top 100.

For golfers, the Classic Course translates design intent into experience: each shot invites thoughtful decision-making, rewarding precision and course management while immersing players in a carefully composed natural setting. The result is a round that challenges skill and strategy while offering a sense of progression through a living landscape.

The Legacy Course, a signature collaboration between Jack Nicklaus and Jack Nicklaus II, adds a distinct counterpoint. This rare father-and-son design balances calibrated challenge with aesthetic appeal, catering to players who seek a different test from the Classic Course while maintaining championship credentials.

Both the Classic and Legacy courses are GEO Certified, underscoring verified environmental stewardship rather than self-declared claims. In 2025, Forest City Golf Resort hosted several major tournaments and welcomed more than 100,000 golfers, confirming the venue’s role as an active stage for diverse styles of play as well as an exceptional destination for visiting golfers.

Beyond the Courses: Forest City as a Golf Tourism Destination

Forest City Golf Resort operates as an active international competition venue as well as a premier leisure destination. Its regularly held tournaments and growing visitor numbers underscore consistent utilisation throughout the year. These metrics also complement the Asia Top 100 recognition and reflect the resort’s capacity to stage events at scale while maintaining a high-quality guest experience.

Set within Forest City’s wider leisure ecosystem, the resort benefits from approximately 4 km of coastline, curated mangrove boat tours, sea-fishing, and year-round food and beverage options. This natural and amenity-rich setting supports repeat visitation: close enough to Singapore for convenient access and continually evolving to reward the return visit with rich and diverse experiences and itineraries.

Beyond golf, Forest City Golf Resort has secured nearly 20 industry accolades since 2018, contributing to Forest City’s portfolio of more than 40 international awards overall. For organisers, these third-party validations, combined with proven MICE infrastructure and cross-border connectivity, translate into a reliable platform for corporate golf days, incentive travel, and multi-event calendars — breathtaking for the new, heartwarming for the familiar.

Resort Overview

• Location: Forest City, Johor. Approximately 2 km from Singapore at the closest point.
• Access: Approximately 40 minutes’ drive to Singapore’s CBD via the Second Link Crossing (travel time subject to traffic).
• Accommodation: Forest City Golf Hotel (five-star; recipient of 2025 Agoda Gold Circle Award) and garden villas. Golf Villa show units renovated with a “limitless space,” intended for groups and families.
• MICE and corporate: Conference and event facilities available for corporate golf days, incentive travel, and board-level meetings. Catering and breakout spaces available.
• Visitor volumes (2025): More than 100,000 golfers visited; among Malaysia’s most visited golf clubs.
• Booking: Tee times, stay-and-play packages, and corporate event enquiries are available via the official site at https://fcgolfresort.com/.

Looking Ahead: Consistency as a Competitive Advantage

Sustained recognition in the Asia Top 100 reflects consistent investment in course quality, operations, and environmental management (including ongoing GEO certification) — commitments Forest City Golf Resort expects to carry forward through 2026 and beyond. As the Visit Malaysia 2026 and Visit Johor 2026 campaigns take effect, the resort anticipates stronger demand across stay-and-play bookings, corporate events, and family leisure. These conditions, combined with its proximity to Singapore and integrated amenity offering, strengthen Forest City’s value proposition as a golf tourism destination and integrated resort platform for golfers, organisers, and long-term stakeholders alike.

Hashtag: #ForestCity

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TONGCHUAN, CHINA – Media OutReach Newswire – 22 May 2026 – On May 18, International Museum Day, a cultural exploration event themed “Porcelain on the Silk Road: In Pursuit of Craft” was held in Tongchuan, Shaanxi. Foreign video blogger Li Cheng and Chinese culture enthusiast Karolina visited the Yaozhou Kiln Museum, aiming to trace the spirit of porcelain through its artistry and explore the millennium-old legacy of Yaozhou porcelain, while witnessing how China’s intangible cultural heritage continues to thrive through generations of preservation.

Yaozhou porcelain, produced in Tongchuan, boasts a history of more than a thousand years. Once exported overseas along the ancient Silk Road, it has long served as a symbol of China’s cultural exchange with the world. Its carved-decoration technique is especially renowned—vertical knife incisions for line work and oblique blade carving for clay trimming, which requires remarkable precision and skill. Having been lost for over 800 years, the craftsmanship was revived through a three-year endeavor by Mr. Li Guozhen, a leading authority in Chinese ceramic science, and his disciple, Mr. Meng Shufeng, a master of Chinese arts and crafts and a national-level representative inheritor of the intangible cultural heritage project of Yaozhou kiln ceramic firing techniques. Their achievement is a landmark example of the revival of famed Chinese porcelain. The beauty of Yaozhou porcelain lies in its resonant clarity, warm coloration, and olive-toned glaze. Crafted with distinctive raw materials, kilns, and firing techniques, it unites the elegance of the Tang and Song dynasties, the spirit of the Silk Road, and the devotion of master artisans. Embodying imperial elegance and the warmth of everyday life, Yaozhou porcelain carries forward a millennium of craftsmanship and Eastern aesthetics.

This year’s International Museum Day centers on the theme “Museums uniting a divided world.” During their visit to the Yaozhou Kiln Museum, Li Cheng and Karolina listened to the clear ring of the porcelain and learned about the kiln traditions passed down for centuries. Deeply moved by the experience, they remarked with admiration: Yaozhou porcelain is purely China. It is more than a piece of porcelain; it reflects the depth and quiet refinement of Chinese civilization.

Each piece of porcelain carries the legacy of a thousand years, fostering shared understanding across civilizations. From ancient imperial courts to distant Silk Road destinations, from the warmth of everyday life to contemporary cultural inheritance, Yaozhou porcelain continues to serve, through its understated elegance, as a cultural bridge connecting past and present and linking China with the world, and it demonstrates the enduring vitality of China’s intangible cultural heritage.

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SINGAPORE – Media OutReach Newswire – 22 May 2026 – Kaleida Studio, an arts and craft studio located in Tai Seng, has announced plans to introduce a DIY jewellery workshop, a guided crafting experience where participants can design and create their own gemstone necklace or bracelet.

The upcoming workshop is designed to give beginners a simple introduction to jewellery making within a supportive studio environment. Designed for teenagers and adults, the sessions aim to make the craft accessible to beginners by combining creative exploration with an introduction to basic jewellery-making techniques.

During the workshop, participants will work with a curated selection of gemstone beads, charms, and jewellery components to design an accessory that reflects their personal style. At the end of each session, participants will complete and take home a handcrafted necklace or bracelet that they have assembled themselves.

Helping Beginners Feel More Confident About Jewellery Making

Interest in handmade crafts and personalised accessories has grown in recent years, yet many people hesitate to try jewellery making for the first time. Uncertainty about creative ideas, along with unfamiliarity with specialised tools and techniques, can make the process feel daunting for beginners.

Kaleida Studio developed the workshop to make the craft more approachable. Through step-by-step instruction and access to the appropriate tools and materials, participants can explore jewellery making in a structured environment without prior experience.

The session introduces basic tools and techniques while allowing participants to experiment with different combinations of gemstone beads and charms. This approach gives beginners the confidence to learn the process while enjoying the experience of creating a handcrafted piece that reflects their own design choices.

A Personalised Jewellery-Making Experience

A defining feature of the DIY jewellery workshop is its emphasis on personal design. Rather than following a fixed template, participants are encouraged to create pieces that reflect their own aesthetic preferences.

The studio provides a selection of gemstone beads, charms, and jewellery-making tools, allowing participants to experiment with different colours, textures, and arrangements. Basic assembly techniques are introduced to help ensure that each piece is securely constructed.

“At Kaleida Studio, we believe creativity should be something people can explore in their own way,” said Cherry, founder of Kaleida Studio. “This workshop grew from our own interest in jewellery making and our desire to share that experience with others. By walking participants through the process, we hope to show that anyone can create something meaningful and unique with their own hands.”

Encouraging Creative Exploration in a Studio Setting

Kaleida Studio seeks to provide a welcoming space where individuals can explore creative expression at their own pace. In addition to the jewellery workshop, the studio offers art classes for adults, giving participants opportunities to experiment with different artistic media in a relaxed and supportive environment.

The studio also hosts group sessions, such as a corporate workshop, where teams can take part in guided crafting activities designed to encourage collaboration and creative thinking.

For those looking for a more open-ended experience, Kaleida Studio offers a setting similar to an art jam studio, where participants can spend time exploring materials, ideas, and techniques in a flexible and supportive studio environment.

Availability and Booking

The DIY jewellery workshop is scheduled to launch in mid-2026. Once available, sessions can be booked through Kaleida Studio’s website. Enquiries are also welcome by email, phone, or WhatsApp.

Further details on workshop schedules and registration will be announced through Kaleida Studio’s official channels, including its Instagram page.

Future Plans

Kaleida Studio plans to further develop its jewellery workshop by introducing a wider range of materials and exploring additional types of handcrafted jewellery. These future additions aim to expand the creative possibilities available to participants while continuing to support the studio’s focus on encouraging artistic expression through hands-on crafting experiences.

https://kaleidasg.com/
https://www.instagram.com/kaleidasg

Hashtag: #KaleidaStudio

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SAN FRANCISCO, CALIFORNIA, UNITED STATES – Media OutReach Newswire – 22 May 2026 – Via Licensing Alliance (Via) today announced continued momentum for its Voice Codec patent pool, including the addition of a new unnamed licensee and new licensors, NovaVoice Limited and Cordial IP, further growing the program’s patent stack and market penetration from its initial five, large global licensors.

The addition of the new licensee, unnamed at this time, reflects growing industry adoption of the collaborative licensing pathway Via’s Voice Codec program creates for accessing IP rights to critical voice technologies. This addition reflects a growing market uptake of advanced voice technologies, including EVS and IVAS, driven by rising demand as 5G and 5G-Advanced technologies are adopted worldwide.

Additionally, Via continues to prioritize transparency and has published its full rate structure for the Voice Codec pool, providing further clarity and predictability for implementers and to the broader market. For implementers, the full rate structure allows for complete visibility as they consider the appropriate royalty structure to choose from to meet their product level costs, evaluate future growth paths for their product lines, or plan their geographical expansion plan needs. This level of disclosure not only reduces uncertainty in licensing decisions but also enables more consistent benchmarking, reinforcing confidence in fair, market-aligned SEP licensing practices. The program’s royalty rates are listed on Via’s website at https://www.via-la.com/licensing-programs/voice-codec/#license-fees.

The addition of the new licensors indicates increased interest from patent holders in licensing their voice technology SEPs through highly efficient, aggregated licensing vehicles such as patent pools. Future growth in both the licensor list and the number of patents consolidated through the pool license will continue to enhance the value of the Voice Codec License for implementers. Via’s Voice Codec program licensors are listed here: https://www.via-la.com/licensing-programs/voice-codec/#licensors.

Via’s Voice Codec pool covers Enhanced Voice Services (EVS), which supports voice communications across more than one billion and growing active devices globally, as well as Immersive Voice and Audio Services (IVAS), which will play a central role in next-generation voice and spatial audio applications.

“We are pleased to welcome these new entrants to our pool, which signal continued growth and momentum our Voice Codec program,” said Kevin Mack, President of Via Licensing Alliance. “This pool license offers strong value relative to other market options and represents the only collaborative licensing solution for EVS and IVAS technologies, making it a smart and efficient pathway for companies seeking to license critical voice capabilities.”

EVS remains a foundational technology for high-quality voice communications in 5G and 5G-Advanced networks, with adoption continuing to expand as 5G, 5G-Advanced and future network iterations reach global scale. As spatial audio and advanced voice technologies expand into 6G and a broader range of non-cellular devices, the importance of IVAS technologies is expected to increase, with Via’s pool offering an early and effective licensing pathway.

For more information about the Voice Codec patent pool, including information for prospective licensees, please visit https://www.via-la.com.

Hashtag: #ViaLicensingAlliance #VIA

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BANGKOK, THAILAND – Media OutReach Newswire – 22 May 2026 – Charoen Pokphand Foods Public Company Limited (CPF), a leading global agro-industrial and food company, is positioning Thailand as a regional food innovation hub at THAIFEX – Anuga Asia 2026, showcasing its latest food innovations developed for global consumers. The showcase highlights how Thai expertise, advanced production capabilities, consumer-centric R&D, and robust strategic partnerships are delivering high-quality, sustainable food experiences to consumers worldwide.

Under the concept “Food Innovation for Wellness,” CPF is showcasing a diverse portfolio of market-driven food innovations developed to meet the evolving needs of consumers across Europe, North America, the Middle East, and Asia. The showcase highlights the company’s commitment to food safety, quality, wellness, and convenience, including products inspired by its experience in developing Thai-style chicken with basil sauce to meet stringent space-grade food safety standards, as well as the newly launched CP Nippon brand.

Prasit Boondoungprasert, Chief Executive Officer of CPF, said “Consumers around the world are looking for food that is not only safe and delicious, but also convenient, nutritious, and responsibly produced. At CPF, we believe food plays an important role in people’s everyday lives. We are committed to understanding consumers and business partners in every market and continuously developing innovative food solutions that deliver better experiences, support wellbeing, and meet the evolving needs of consumers worldwide.”

At this year’s exhibition, CPF highlights its strengths as a global food company with international operations with local market insight, powered by innovation and technology to serve partners and consumers worldwide while helping advance more sustainable food systems.

The showcase features a diverse portfolio of ready-to-eat meals, premium protein products, convenience foods, and international award-winning menu innovations from CPF’s global brand portfolio, including Authentic Asia, CP Uoriki, CP Nippon, and Thai Cube. All are designed to meet growing consumer demand for safer, healthier, tastier, more convenient, and tailored to changing consumer lifestyles.

At THAIFEX – ANUGA ASIA 2026, CPF welcomes business partners, customers, and visitors from around the world to explore its latest global food innovations at booths 1-RR01 and 1-RR15 in Challenger Hall 1.

https://www.cpfworldwide.com/en/home

Hashtag: #THAIFEXAnugaAsia #FoodInnovation #FoodTech #FutureOfFood #SustainableFood #FoodSafety #CPFXTHAIFEX2026 #FoodInnovationForWellness #THAIFEX2026

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HONG KONG SAR – Media OutReach Newswire – 22 May 2026 – According to a WeChat official account release by TECSUN SCIENCE & TECHNOLOGY CO.,LTD. （stock code: 002908）on May 21, the company has recently officially reached an ecological cooperation with QingCloud Technologies Corp. (stock code: 688316). Driven by the dual engines of “Artificial Intelligence Plus” and the market-oriented reform of data factors, the two sides will jointly explore a new paradigm of livelihood services featuring “AI + Cloud + Computing Power Collaboration”. This cooperation will focus on livelihood sectors including healthcare, employment and government services, connecting the full chain from computing infrastructure to scenario implementation, and unlocking room for large-scale growth.

As a full-stack self-developed provider of enterprise-grade AI infrastructure (AI Infra) and solutions, QingCloud Technologies Corp. deeply understands enterprise demands and implementation scenarios, and has built end-to-end digital and intelligent solutions. With deep roots in livelihood services, TECSUN SCIENCE & TECHNOLOGY CO.,LTD. boasts integrated capabilities of “Data + Algorithms + Scenarios”, self-developed innovations such as government affairs large models and AI-powered employment services, as well as profound industry customer resources and operational experience. Oriented by solution collaboration, the two parties will combine TECSUN’s scenario-based intelligent applications with QingCloud’s private cloud, information technology application innovation cloud, intelligent computing platform and MaaS services to form solid technological synergy.

Focusing on core sectors including employment, healthcare and government services, the two sides will promote the integrated deployment of employment Agent and intelligent computing platform to achieve precise job matching and intelligent recommendation; advance the implementation of a fusion architecture of contactless medical payment systems and edge AI inference cloud; and accelerate the joint optimization of government affairs large models and intelligent guidance systems in the information technology application innovation cloud environment.

In terms of delivery, the two parties will jointly conduct compatibility tests and performance verification to ensure the compatibility and stability of the joint solutions, and jointly deliver secure, controllable and ready-to-use intelligent livelihood solutions. Meanwhile, they will actively explore the co-construction of regional intelligent computing centers in mature areas to consolidate the computing infrastructure for “AI + Livelihood Services”.

Looking ahead, the two sides will take joint solutions as the anchor, jointly explore the closed-loop operation model of “Urban Livelihood AI Operation Base”, connect the full chain from computing supply, model iteration to service delivery, help elevate the intelligence of urban governance, and jointly build a new engine for livelihood services.

Hashtag: #Tecsun

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MIL OSI

MIL OSI

MIL OSI

Construction has begun on a major solar energy project on Stewart Island/Rakiura that will reduce the island’s reliance on diesel-generated electricity and cut power prices, Regional Development Minister Shane Jones and Associate Regional Development Minister Mark Patterson say.

Mr Patterson was on the island today to turn the first sod on the Government-backed energy upgrade.

“The Regional Infrastructure Fund (RIF) provided a $15.35 million loan to Southland District Council to help strengthen the Island’s energy resilience and bring real cost relief to a remote community that doesn’t have the convenience of connection to the national grid,” Mr Jones says.

“The start of construction reflects strong community support and careful local planning. It responds directly to the challenges they have identified including high power costs, supply risk, and long-term resilience,” Mr Patterson says.

Stewart Island/Rakiura has about 494 permanent electricity connections and relies entirely on diesel generators for its electricity supply. Households and businesses currently face electricity prices more than twice as high as on the mainland.

The project is being delivered by the council through the Stewart Island Electricity Supply Authority, which owns and operates the island’s electricity system.

The project involves installing a solar farm and battery system, along with electricity network upgrades and smart meters. It is expected to cut power prices by up to 35 cents per kilowatt hour and reduce diesel use for power generation by up to 75 per cent.

The project is expected to be completed in early 2027. It will support around 40 fulltime-equivalent jobs during construction, with long-term benefits for tourism, aquaculture and other local industries as energy costs come down.

Original source: https://nz.mil-osi.com/2026/05/22/stewart-island-rakiura-solar-project-underway/

Small businesses will get practical support to strengthen performance and seize growth opportunities, with a new Government-backed training initiative announced today at the New Zealand Chamber of Commerce conference.

“In my engagement with businesses across the country, I’ve heard the need for support to manage disruption, strengthen resilience, and plan with confidence,” says Minister for Small Business and Manufacturing Cameron Brewer.

“That is why today I am announcing a new package of fully funded business resilience training for small and medium enterprises.”

The funding will support businesses to improve preparedness, strengthen continuity planning, and reduce vulnerability to disruption.

“We are committed to fixing the basics and building the future, and that’s why it is important we ensure small businesses have support they need to grow, compete, and succeed,” says Mr Brewer

“Delivered through the Regional Business Partner Network (RBPN), this training will include online webinars and in-person workshops across the country, providing practical tools without the cost barrier,” says Mr Brewer.

This work complements the existing support available through the RBPN. 

“The initial focus will be on practical tools to manage change and strengthen business continuity planning, giving businesses skills they can apply straight away,” says Mr Brewer.

“Rolling out nationwide from now until August, the programme will upload online content on business.govt.nz so businesses can access support on demand, which will be available for free for eligible small and medium enterprises,”

“In Business Continuity and Resilience Awareness Week, and in a more uncertain and volatile world, being prepared for disruption is no longer optional – it is part of building long-term business success.”

Notes to editors: 

The initiative will be delivered through the Regional Business Partner Network (RBPN). For more information, businesses can contact their local Regional Business Partner or visit: Find your local Regional Business Partner – Business.govt.nz. 
Training will be delivered as a series of workshops and webinars between May and August and content will also be available on business.govt.nz.
Business Continuity & Resilience Awareness Week (BCAW+R) is the BCI’s annual campaign equipping professionals and organisations with practical tools to raise internal awareness and strengthen organisational resilience. More information can be found here: Business Continuity & Resilience Awareness Week (BCAW+R) 2026 | BCI. 

Original source: https://nz.mil-osi.com/2026/05/22/package-to-support-small-businesses-announced/

NANNING, CHINA – Media OutReach Newswire – 21 May 2026 – The China-ASEAN Business and Trade Information Platform was officially launched in Nanning, Guangxi Zhuang Autonomous Region on Tuesday.

The platform offers comprehensive information services and an international communication platform to support economic and trade cooperation between China and ASEAN countries.

Built and operated by China News Network, the official website of China News Service, the platform serves as ASEAN trade agencies, industry associations, overseas Chinese communities, and cross-border enterprises, providing one-stop trade information services.

China News Service will leverage its strengths to build the China-ASEAN Business and Trade Information Platform into an influential and dynamic communication channel that promotes information sharing and provides services, to facilitate trade and people-to-people exchanges between China and ASEAN countries.

Currently, a trade information network between China and ASEAN countries has been built, with key content covering policy explanations, market conditions, investment promotion, business cooperation, and industry analysis, to comprehensively support cross-border trade activities.

Prior to the platform’s launch, representatives from government departments, media outlets, research institutes, and universities in China and multiple ASEAN countries participated in discussions on economic and trade information exchange between China and ASEAN countries, as well as the development of the platform.

Consular officials from ASEAN member states including Cambodia, Myanmar, and Vietnam, stationed in Nanning expressed their hopes for enhancing China-ASEAN economic and trade connectivity as well as people-to-people ties through information sharing.

Against the backdrop of the signing of the China-ASEAN Free Trade Area 3.0 Upgrade Protocol, the platform serves as an information bridge for expanding cooperation, promoting trade, enhancing industrial upgrade, and achieving mutual benefits and win-win outcomes, they said.

They hope that the platform will play a greater role in trade facilitation and logistics services, empowering micro, small and medium-sized enterprises (MSMEs), and investment policies and regulatory measures, while helping share cooperation stories between China and ASEAN countries.

Hashtag: #Nanning

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HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 21 May 2026 – Vietnam International Financial Center in Ho Chi Minh City (VIFC-HCMC), in collaboration with Gemadept Corporation and the Ho Chi Minh City Institute for Development Studies, today hosted a high-level forum to officially launch the International Maritime Financial Ecosystem (IMFE) — one of the four strategic pillars of VIFC-HCMC.

The forum, themed “Developing the International Maritime Financial Ecosystem within the Vietnam International Financial Center in Ho Chi Minh City,” took place at the VIFC-HCMC Building, 08 Nguyen Hue Street, District 1, and drew more than 100 senior delegates. Attendees included leaders from central ministries and agencies, the Ho Chi Minh City People’s Committee, representatives from coastal provinces (Da Nang, Khanh Hoa, Kien Giang), domestic and international financial institutions, port and logistics enterprises, and international organisations.

The day’s agenda focused on three headline moments: a strategic industry report by Roland Berger, titled “Vietnam Maritime Industry: A Strategic Opportunity for Breakthrough Growth,” which benchmarked leading global maritime financial hubs and mapped a roadmap to raise Vietnam’s domestic value retention from the current 4–5% to 15% by 2035; the official launch ceremony of the IMFE initiative within VIFC-HCMC; and a memorandum of understanding signed between VIFC-HCMC and Gemadept Corporation, owner and operator of Gemalink International Port in Cai Mep – Thi Vai, formalising Gemadept’s role as a founding lead of the initiative. The forum also saw the introduction of the first maritime financial products and initiatives to be developed within the VIFC-HCMC framework.

A seaport system of growing global weight

The ambition behind IMFE is grounded in the rapid rise of southern Vietnam’s port infrastructure. Ho Chi Minh City is home to Cat Lai Port — ranked among the world’s top 21, handling approximately 7.5 million TEUs annually — and Gemalink International Port in Cai Mep – Thi Vai, capable of receiving ultra-large container vessels. These existing assets are set to be joined by the Can Gio International Transshipment Port, a 571-hectare project with a projected capacity of 17 million TEUs per year, further deepening the city’s integration into global logistics and trade networks.

In 2025, the Ho Chi Minh City port system handled over 24 million TEUs, ranking 8th globally according to Lloyd’s List, and was associated with approximately USD 200 billion in import-export turnover, accounting for around 20% of Vietnam’s total trade value. Surrounding this physical infrastructure, a broad ecosystem of supporting services has expanded significantly, spanning cargo handling, warehousing, freight forwarding, customs clearance, and supply chain management. The total annual trade transaction value flowing through the region — encompassing goods, logistics services, and related financial demand – is estimated at over USD 1 trillion.

The financial gap: billions flowing through offshore centers

However, the scale of this physical activity stands in sharp contrast to the financial value Vietnam currently retains. Despite enormous cargo volumes, most high-value maritime financial services generating the largest profit margin including trade finance, ship financing, marine insurance and reinsurance, international payments, and logistics risk management continue to flow through developed offshore maritime financial centers. Vietnam currently captures only around 4–5% of these financial transaction values domestically, leaving an estimated USD 6–8 billion in potential value accessible but unrealised. To complete the maritime value chain and retain these economic benefits onshore, Vietnam must evolve beyond purely physical cargo transshipment. The gradual development of a comprehensive maritime financial ecosystem is an essential and inevitable strategic step.

IMFE: from vision to institutional launch

Against this backdrop, the IMFE initiative took shape as a core component of VIFC-HCMC, with Gemadept Corporation serving as a founding lead. The initiative was first introduced on September 12, 2025, during the symposium “Ho Chi Minh City – A Modern, High-End, High-Value Service Hub,” where Gemadept presented a strategic vision of integrating Vietnam’s deep-sea port infrastructure with a dedicated maritime financial ecosystem. To materialise that vision, the corporation cooperates with the Ho Chi Minh City People’s Committee, leading to its official designation as a Strategic Member of VIFC-HCMC on February 11, 2026, at the Center’s Launching Ceremony. Today, as the operator of Gemalink — a major deep-sea gateway at Cai Mep – Thi Vai — Gemadept is focused on channeling high-value capital flows and advanced financial services directly into Ho Chi Minh City’s real maritime economy.

With this foundation in place, today’s forum pursues three concrete objectives: to officially launch the IMFE as a strategic platform designed to localise maritime financial capital and services, laying the groundwork for Ho Chi Minh City to emerge as one of the region’s leading maritime hubs; to connect financial institutions, banks, insurance companies, shipping lines, logistics enterprises, and international organisations within an integrated ecosystem, bringing the port-to-finance model to life in Vietnam; and to introduce the first maritime financial products and initiatives, creating mechanisms for Vietnamese enterprises to access financing, insurance, and risk management tools domestically rather than through foreign intermediaries.

“Ports such as Can Gio and Cai Mep-Thi Vai are transshipment hubs for cargo flows — VIFC-HCMC must become the transshipment hub for capital flows serving Vietnam’s maritime economy,” said Assoc. Prof. Dr. Nguyen Huu Huan, Vice Chairman of VIFC-HCMC.

Hashtag: #VIFC

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Tripadvisor Travellers’ Choice 2025 · Trip Best 2025 · Global Top 100 Family-Friendly Attractions

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As New Zealanders grapple with the cost of everyday essentials, from the supermarket checkout to power bills and bank fees, pressure is growing to address weak competition in critical sectors.

Rebalancing Markets: Competition, power, and a fair economy, hosted by Business School research centreJuncture: Dialogues on Inclusive Capitalism, will see experts in regulation, energy, consumer behaviour, law and economics examine why competition remains weak and what could help rebalance the system.

The discussion comes as the Commerce Commission’s latest report on the state of competition in New Zealand suggests market conditions favour larger established businesses, making it harder for smaller and newer firms to displace these dominant players. Electricity, gas, water, and waste services, and financial and insurance services were identified as the areas most lacking competitive pressure.

The Commission’s Deputy Chief Executive Raj Krishnan is bringing insights from the competition and consumer watchdog to the panel discussion.

Another panellist, Business School alumnus Tex Edwards, the founder of independent public policy and research group Monopoly Watch, and telecommunications company 2degrees, says the Commerce Commission has clearly identified the country’s competition problems.

“Parliament must now arm the Commerce Commission with the powers, and protect it from lobbyists, so the evidence can be translated into lower prices, more choices, and a fairer economy.”

Dr Eric Crampton, chief economist at the New Zealand Initiative and adjunct senior fellow at the University of Canterbury, says too often, governments create the market power they later condemn.
 
“District plans often have rules banning new supermarkets in particular locations, and consenting processes that force entrants to prove they will not compete with established businesses,” he says.

“When markets are open, underperformance by established players becomes an opportunity for entrants and better service for consumers. When entry is blocked by law, regulation, planning, licensing or procurement, market power becomes entrenched.”

Dr John Land, senior barrister at Bankside Chambers and teaching fellow at Auckland Law School, says competition could be improved through increased Commerce Commission powers and by removing barriers to entry and expansion. He says some areas of the competition framework, however, may go too far, particularly around franchise networks and intellectual property rights, with possible impacts on innovation and pro-competitive business conduct.

Professor Jodi Gardner (Auckland Law School) researches how the law responds to issues such as inequality, vulnerability, poverty, and financial exclusion. She will bring a consumer rights perspective to the panel, which will also explore how technology reshapes markets.

Jessica Venning-Bryan, CEO and co-founder of AI-driven energy forecasting and pricing platform Factor, brings energy industry insights and says technology is constantly changing how households participate in the energy system.  

“When households become producers, not just consumers of energy, they have economic leverage. As we reach a critical mass of empowered households, the market will respond with better products and services to attract these prosumers.”

The discussion is being facilitated by Dr Drew Franklin, senior lecturer in marketing and associate director at Juncture. Franklin says when people feel essential markets are stacked against them, trust in the whole economic system begins to weaken.

“Markets are one of the most powerful tools we have for coordinating economic life, but they don’t work well in isolation. They depend on rules that encourage openness, innovation and accountability.”

MIL OSI