Property values in Aotearoa New Zealand rose by +0.3% in February, the clearest sign yet that 2024’s ‘mini downturn’ has come to an end and that 2025 will likely see modest growth.
After a cumulative -4.1% decline over March to September last year, the CoreLogic Home Value Index (HVI) recorded modest movements from October to January. This month’s result marks the strongest rise since a +0.5% gain back in January last year. The median national value now stands at $807,164, which is down -16.9% from the record highs in late 2021 and early 2022, but +17.1% above the pre-COVID figure of $689,353 in March 2020.
Around the main centres, February marked a stronger month despite a -0.2% drop in Tauranga, with Ōtautahi Christchurch and Ōtepoti Dunedin both seeing increases of +0.6%, and Kirikiriroa Hamilton at +0.5%. Tāmaki Makaurau Auckland had +0.3%. Te Whanganui-a-Tara Wellington saw a +0.1% rise – a modest increase, but still quite a marked change from the average falls of -0.7% in the prior 11 months.
CoreLogic NZ Chief Property Economist Kelvin Davidson said the modest growth was expected given earlier signs about a return to growth. “The rise of 0.3% in the national median property value is fairly modest by past standards but nevertheless represents the first meaningful increase for more than a year,” he said.
“It was always likely that the property value falls in 2024 would come to an end at some stage in early 2025, given the extent of interest rate cuts since July or August last year.”
He said the overall growth figure was masking local variability. “While some markets have clearly turned a corner, there’s still variability, with Tauranga edging lower in February.”
“While the early signs of renewed growth for property values will be welcomed by many, the good vibes won’t be universal.”
“After all, there’s always two sides to the coin when it comes to house prices, and aspiring buyers would no doubt be happier if they were flat or falling.”
“That said, with listings still abundant and debt to income ratio limits set to be a restraint if and when banks’ serviceability test rates fall further, a rampant boom in property values in 2025 seems unlikely.”
Index results for February 2025 – national and main centres
From post-COVID peak
From 2024 mini peak
From pre-COVID levels
Median value
Aotearoa New Zealand
Tāmaki Makaurau Auckland
$1,062,680
Kirikiriroa Hamilton
Te-Whanganui-a-Tara Wellington*
Ōtautahi Christchurch
Ōtepoti Dunedin
Tāmaki Makaurau Auckland
The general re-emergence of rising property values in February was replicated across almost all of Tamaki Makaurau, with Franklin and Auckland City both recording gains of 0.5%, and North Shore 0.3%. Rodney, Waitakere, and Papakura all had a modest rise of 0.1%, although Manukau edged down by the same figure.
Over a slightly longer three-month horizon, some areas have still seen modest falls (e.g. 0.3% in Waitakere and 0.2% in Manukau), but those figures also seem likely to turn positive again in the near term.
Mr. Davidson commented: “The sentiment on the ground across Auckland has been more positive of late, and February shows this has been translating into the hard data. Elevated stock levels may mean any further near-term growth for property values remains muted, but the soft patch does now seem to be behind us.”
From post-COVID peak
From 2024 mini peak
From pre-COVID levels
Median value
$1,191,524
Te Raki Paewhenua North Shore
$1,296,321
Auckland City
$1,143,162
Te Whanganui-a-Tara Wellington
The wider Te Whanganui-a-Tara Wellington area also bucked its recent weak trend in February, with Porirua and Wellington City holding steady, and Kapiti Coast, Lower Hutt, and Upper Hutt all increasing.
Wellington City remains 1.1% lower than it was three months ago, but the other areas have broadly stabilised, at +/-0.1% change compared to November.
“Wellington still faces some economic challenges in the near term, given the restraint on public sector expenditure. But housing affordability across the capital is far less stretched than it was 2-3 years ago, which is likely to have played a role in helping bring some buyers back to the table in February.”
BANGKOK, THAILAND – Media OutReach Newswire – 5 March 2025 – vivo is boldly integrating art, technology, and social responsibility to redefine mobile photography and inspire creators. As part of its commitment to user-inspired innovation, vivo invited seven visionary photographers from different backgrounds to explore love’s boundless forms with the vivo V50. Their breathtaking results can be seen at the vivo VLOVE Portrait Gallery at Central World Bangkok from February 27 to March 2. Inspired by the Italian word “Ancora” — once again — the vivo VLOVE Portrait Gallery invites visitors to capture their passion – take another shot, and rediscover love.
vivo VLOVE Portrait Gallery in Bangkok, Thailand
Video link
Together with its partners VOGUE and UNESCO, vivo is sharing its love for innovation and imagery through a series of events in Thailand that invite society to experience photography’s power to share love. The events include an immersive vivo VLOVE Portrait Gallery, a portrait sharing session, and an initiative to empower young people through visual storytelling.
“Imaging stands at the intersection of technology and humanity,” says Duanmu Xueying from the vivo Imaging Team. “We believe that photography is not merely a product of technology – it is a vessel for emotion.”
In the hands of seven professional photographers, the newly launched vivo V50, featuring ZEISS Professional Portrait capabilities and Natural Color Calibration pushes the boundaries of artistic expression while ensuring the precise reproduction of what the human eye sees.
A Stylish “Meet Your Love” Experience with VOGUE
Technology meets fashion, as vivo partners with VOGUE, one of the world’s most influential fashion magazines, to create the immersive VLOVE Portrait Gallery. Here, fashion and photography enthusiasts alike can create their own stylish social media moments while experiencing profound images from seven visionary photographers from around the world who used the vivo V50 and its state-of-the-art ZEISS Professional Portrait capabilities to create works that express their vision of the theme “Meet Your Love”, immersed in a space where fashion, technology, and creativity meet. This partnership with VOGUE underscores vivo’s commitment to redefining mobile imagery and its role as a pioneer in the fusion of technology and high fashion stylish aesthetic design.
vivo VLOVE Portrait Gallery Showcases Stunning Portraits by Southeast Asian Artists
The VLOVE Portrait Gallery, now open, showcases captivating photographic works exploring love’s multifaceted nature through visual storytelling via the vivo V50 and its ZEISS capabilities. With perspectives from ZEISS photographers like Gabriel Santos and Urasha Jakkachaphol, global artist Jimmy Marble, and emerging local talents, it’s a curated exploration of human connection. Each photo captures fleeting expressions and untold stories, turning moments into visual poems. Acclaimed artist Jimmy Marble, known for his vibrant colors, irreverent aesthetics, and more, adds a personal touch, exploring self – love and identity. His vision, “Self – expression has always been how I show myself love,” encapsulates the gallery’s spirit, where each artist uniquely captures love’s dimensions.
Renowned International Artist Jimmy Marble’s Portrait Artworks by vivo V50
Portraits of Love with the vivo V50
As part of the officially opening of the vivo VLOVE Portrait Gallery, vivo hosted a special session with five of the photographers and asked them to share how they push the boundaries of imaging technology through mobile photography. They also detailed their creative process for capturing love with the ZEISS Professional Portrait capabilities of the vivo V50.
“My focus is on capturing portraits that feel authentic – images that go beyond aesthetics and reveal the soul of the subject,” explained Urasha Jakkachaphol, who is from Thailand. “Whether it’s the intensity in someone’s gaze, the vulnerability in their posture, or the power of body language, my goal is to create images that make people feel something real.”
The technical precision of the vivo V50 let Urasha use light, depth of field, and perspective to create her portraits expressing “The Presence of Love”. “Through intimate portraiture, this series captures the subtle beauty of connection: the tenderness of a couple’s gaze, the peace of self-reflection, and the warmth of vulnerability,” she says. “I’m passionate about natural light photography, so I need a camera that doesn’t compromise on image quality under any lighting conditions. The collaboration between vivo V50 and ZEISS allowed me to shoot spontaneously, intuitively, and authentically. Whether it’s the soft morning light or intense midday sun, it captures it all perfectly. Urasha’s favorite feature is the ZEISS Multi-Focus Portrait mode. “It creates depth and separation, with the subject sharp and the background smoothly fading out, making portraits more intimate,” she says. “Coupled with its rapid autofocus, I never miss those fleeting, vivid expressions.
William Seng used the vivo V50 to capture loving moments he observed in Malaysia’s urban cityscape. “I wanted to capture selfless love, a love that asks for nothing in return, and a love for one’s passion,” he says. He noted that convenience is one of the advantages of mobile photography. “The V50 is always in my pocket and delivers amazing quality,” he says. “For me, the 50mm portrait lens on the V50 is the most powerful. Capturing instant portraits on the street is quite challenging. With the 50mm, I don’t have to get too close to the subject to capture a portrait, which is helpful. The sharpness of the portraits is impressive, and the details captured by the V50 amazed me.”
Capturing the connection between the subjects in a portrait is paramount for Gabriel Santos of Spain. “If you can make that connection not only visually stunning but also authentic, then you have created a mesmerizing portrait,” he says. “vivo and ZEISS have done an outstanding job with this phone. Even in low light, it produces excellent portraits. You can slightly underexpose to create more contrast and capture more intimate moments or overexpose in darkness to reduce contrast. The phone is equipped with three primary portrait lenses: 24mm, 35mm, and 50 mm, each suitable for different shooting scenarios.”
“Mobile photography is more flexible and spontaneous compared to traditional cameras,” says Aung Kyaw Tun. “It allows me to capture natural moments without making my subjects feel self-conscious.”
“A portrait becomes captivating when it tells a story and evokes emotions,” he says. “When viewers can feel the subject’s emotions and relate to their story, it leaves a lasting impression.”
For the VLOVE exhibition, Aung focused on capturing the unique connection between twins – a bond he says surpasses physical, emotional, and mental barriers. And he was especially impressed with the V50’s Aura Light’s ability to help render natural skin tones, especially the brown skin tones common in Myanmar, where he lives in Yangon.
“I particularly love the sharpness, texture, and natural feel of the ZEISS lenses, which enable me to achieve more layered visual effects with the phone,” says Tienjen Huang of Taiwan. “During the shoot, I paid special attention to how the light and composition tell the story.”
“For me, photography is not only a technique, but also a way of perceiving the world. It allows me to connect with the subject and record those fleeting real emotions through images,” Huang added.
vivo Collaborated Photographers Share Insights on Portrait Photography
vivo and UNESCO “Capture the Future”
Besides empowering professional photographers, vivo also supports developing young people to explore the world through mobile imagery. Through its partnership with UNESCO and the Beijing Contemporary Art Foundation (BCAF) it has established the “Asian Youth Film Fund” which is supporting the “Capture the Future” initiative in Thailand. Middle school and university students will be given access to advanced mobile imaging equipment to produce short films that explore how science and technology shape society, and their visions for the future. A panel of professional judges will select the winners, and the top entries will have the opportunity to be screened at prominent Asian film festivals. The students will also have further opportunities for in-depth exchanges with expert filmmakers and photographers to explore topics related to filmmaking, photography, and videography.
Ribbon-Cutting Ceremony: vivo and UNESCO and BCAF Launch “Capture the Future” Programme
Encouraging a New Generation to Push the Boundaries of Artistic Expression
The “Capture the Future” initiative is part of vivo’s efforts to create opportunities for nurturing a new generation of creators with a strong sense of humanistic values and storytelling ability. These efforts align with vivo’s philosophy of “Beyond What You See, Unveil What the World could Be”.
“This is a big step forward in vivo’s mission to support young creators and give them a platform to showcase their talents and tell stories that truly matter,” said vivo spokesperson Pattara The program is designed to inspire creativity through imaging technology and encourage young people to engage with pressing societal issues and drive positive change through the power of visual storytelling.
As an innovation leader, vivo has a vision to empower every individual with the tools and technologies to create and express themselves. And vivo has made significant strides in advancing smartphone photography, both through continuous innovation and corporate social responsibility initiatives centered around photography or videography. These efforts have created opportunities for the exchange of visual cultures and the nurturing of a new generation of creators with a strong sense of humanistic values and storytelling ability.
Strengthening Vietnam-Singapore Financial Ties: Unlocking New Investment Opportunities in Banking, Fintech, and Green Finance
SINGAPORE – Media OutReach Newswire – 5 March 2025 – The Da Nang Investment Forum 2025, held on 3 March 2025 at The Ritz-Carlton, Millenia Singapore, underscored Vietnam’s strategic ambition to position itself as a key financial hub in Southeast Asia and commitment to regulatory innovation and international collaboration. Organised by the People’s Committee of Da Nang City in collaboration with Terne Holdings, the forum brought together close to 200 government leaders, global investors, and financial experts to explore the city’s transformation into a dynamic financial center and the opportunities it presents for Singapore international investors.
Pictured: H.E. Nguyen Van Quang, Secretary of the Da Nang Municipal Party Committee giving his, Opening Remarks at The Da Nang Investment Forum 2025
The forum, a key highlight of Da Nang’s high-level delegation visit to Singapore, was officiated by H.E. Mr. Nguyen Van Quang, Secretary of the Da Nang Municipal Party Committee and Head of the National Assembly Delegation of Da Nang City, alongside H.E. Tran Phuoc Anh, Ambassador of Vietnam to Singapore. Ambassador Tran Phuoc Anh delivered the opening remarks, setting the stage for discussions on Da Nang’s economic development, investment-friendly policies, and its role in Vietnam’s broader financial growth strategy. Moderated by Dr. Chua Hak Bin, Co-Head of Macro Research at Maybank, the forum featured an interactive dialogue with Da Nang’s leadership, offering firsthand insights into the city’s dynamic investment climate and ambitious future.
Positioning Da Nang as Vietnam’s Next Economic Powerhouse
As one of Vietnam’s six centrally governed cities, Da Nang is emerging as a key regional growth hub, driven by world-class infrastructure, innovation-driven industries, and progressive economic policies. The city has identified two key drivers for future development: the Da Nang International Financial Centre and the Da Nang Free Trade Zone. Strategically positioned at the crossroads of major ASEAN economies, Da Nang plays a vital role in the economic, political, and national defense landscape of both the Central region and Vietnam. With a strong regulatory framework and significant infrastructure investments, the city aims to attract financial institutions, asset managers, and fintech firms looking to expand into the ASEAN market.
“Da Nang is rapidly developing and actively embracing scientific advancements to drive its growth. As Vietnam pursues its ambition of becoming an international financial center in Southeast Asia, Da Nang plays a crucial role in realizing this vision by creating value-driven opportunities in the financial sector. shared in the welcome remarks of H.E. Tran Phuoc Anh, Ambassador of Vietnam to Singapore. “Singapore, already one of Vietnam’s largest investors, is poised to strengthen its economic ties further. With a commitment to increasing bilateral trade by 10% annually, both nations are working towards reaching a trade volume of over $31 billion, solidifying their strategic economic partnership.”
Several key advantages bolster Da Nang’s investment appeal:
Strategic Connectivity: With direct air links to over 15 countries, a modern international airport, and the upcoming Lien Chieu Port—Vietnam’s future global transshipment hub—Da Nang offers seamless access to regional and international markets.
Thriving Innovation & high Technology Hub: The city is a leader in high-tech manufacturing, artificial intelligence, blockchain, and semiconductor industries, boasting one of Vietnam’s three national high-tech parks.
A World-Class Destination for Investment & Living: Recognized by Forbes as one of the world’s top beach destinations, Da Nang combines a high-quality urban environment with investor-friendly policies, making it an attractive choice for both businesses and residents.
Da Nang International Financial Center (DNIFC): A Regional Financial Hub in the Making
Following Politburo approval in November 2024, Da Nang is advancing plans to establish Vietnam’s first regional financial center, positioning itself as a key player in the global financial landscape. DNIFC will serve as a strategic hub for:
International Trade & Green Finance – Facilitating cross-border investment, sustainable finance, and capital markets to support Vietnam’s commitment to responsible economic growth.
FinTech & Digital Economy – Providing a regulatory sandbox for blockchain innovations, AI-driven financial services, and digital payments, fostering a dynamic financial technology ecosystem.
Commodity Trading Hub – Establishing a structured exchange for agriculture, minerals, and metals, seamlessly integrating with Da Nang’s expanding logistics network.
Strategically located on a 6.17-hectare prime site, DNIFC will feature luxury office spaces, fintech hubs, and investment support services, with future expansion planned across 62 hectares. This initiative aims to position Da Nang as a premier financial gateway, attracting global investors and reinforcing its role in Vietnam’s rapidly evolving financial sector.
Mr. Andy Khoo, General Director of Terne Holdings, stated, “Da Nang’s strategic location near key trade routes of the Regional Comprehensive Economic Partnership (RCEP) and the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP), along with its proximity to Tien Sa and Lien Chieu ports, positions it as a natural hub for trade finance. SMEs in ASEAN, one of the most underserved markets, face an annual unmet trade finance demand of $200 billion. DNIFC can bridge this gap by introducing innovative trade finance solutions and enabling seamless cross-border capital movement. Today’s event marks a significant opportunity for Da Nang to capitalise on this potential.”
Da Nang Free Trade Zone (DNFTZ): A Game-Changer for Vietnam’s Trade & Logistics
As Vietnam’s first pilot Free Trade Zone, DNFTZ is set to accelerate high-value exports, smart logistics, and next-generation manufacturing. The development will feature:
Advanced Manufacturing & Supply Chain Hubs: Focused on semiconductors, biotech, medical devices, and renewable energy, positioning Da Nang as a key player in high-value industries.
Multimodal Logistics & Global Trade: Seamless integration with Lien Chieu Port and Da Nang Airport, enhancing Vietnam’s regional trade links and strengthening supply chain efficiency.
Digital Economy & Smart Industries: A specialised ecosystem for AI, cloud computing, e-commerce, and blockchain technologies, driving innovation and economic transformation.
With strong government backing and investor-friendly policies, DNIFC and DNFTZ will cement Da Nang’s status as a strategic investment gateway, reinforcing its role in the Asia-Pacific economy and solidifying its position as a financial and technological powerhouse in the region.
The forum also highlighted the growing financial and economic ties between Vietnam and Singapore, reinforced by the recent in-principal agreement to establish a Comprehensive Strategic Partnership. With Singapore serving as a key financial gateway for ASEAN, investors and financial institutions are well-positioned to explore new opportunities in Vietnam’s banking, fintech, and green finance sectors.
“Vietnam and Singapore share a strong and dynamic financial partnership, built on mutual trust and a shared vision for sustainable economic growth. As Singapore continues to serve as a key financial gateway for ASEAN, enhanced collaboration in banking, fintech, and green finance will unlock new investment opportunities and drive innovation across our financial sectors,” H.E. Tran Phuoc Anh further adds. “By deepening our cooperation, we can accelerate Vietnam’s financial integration into global markets, strengthen regulatory frameworks, and create a resilient, future-ready financial ecosystem that benefits businesses and investors in both nations.”
The event successfully reinforced Da Nang’s position as a rising financial center and showcased Vietnam’s readiness to collaborate with global investors in shaping the next phase of ASEAN’s financial evolution. With strong government support and a clear vision for financial sector development, Da Nang is poised to become a strategic investment destination in Asia.
Hashtag: #DaNangInvestmentForum
The issuer is solely responsible for the content of this announcement.
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 5 March 2025 – Global broker Octa recently released a new AI feature to its proprietary trading platform, OctaTrader. Embedded into the platform interface, the new tool is called ‘AI pattern search’ and serves to make trading analytics more precise and time-efficient. The experts at Octa explain the main use cases and scope of this new powerful tool.
The issue with chart patterns Every seasoned trader understands the value of technical analysis. Chart pattern recognition is one of the key areas of knowledge that allow traders to navigate the ever-changing financial markets with confidence.
Mastering chart analysis requires learning to spot various patterns and predict where the market is headed. It is essential to determine if the pattern signals bullish or bearish momentum and whether it may lead to a reversal or continuation of the current trend.
Of course, learning every single pattern by heart takes a lot of time. What’s more, quickly and efficiently recognizing patterns directly from the chart can place a significant cognitive burden on traders, regardless of experience. This is especially true about those engaging in fast-paced trading styles since it leads to facing multiple important decisions throughout every minute of trading sessions.
However tiresome and energy-consuming it may be to spot every single pattern every single time, this aspect of trading should not be ignored but rather approached with greater efficiency.
OctaTrader: bringing AI analytics to the table To improve pattern-based chart analytics and drive consistency in trading, OctaTrader, Octa broker’s proprietary trading platform, released a new tool called ‘AI pattern recognition’. It allows traders to expand the trading experience by tapping into the power of AI.
As its name suggests, the new tool scans a vast database of historical data to find the most relevant technical analysis patterns for a chosen instrument and time frame. To do that, it first automatically analyses current price dynamics and then uses machine learning algorithms to spot actionable trends.
As a result, OctaTrader users effortlessly gain access to an actionable analytical pattern for the asset of choice. In a couple of clicks, the pattern can be copied to the trading chart to apply the analytical insights to trades. AI Pattern Recognition currently covers all the tradable assets available on the OctaTrader platform and is easily customisable to fit the client’s trading style.
Power in unity The new AI Pattern Recognition feature is embedded in the Octa app so that users can save time switching between different web resources and platforms when searching for relevant patterns.
The tool can be used in synergy with another OctaTrader’s signature feature, the analytics hub Space. The Space feed embedded in the Octa app provides expert-curated insights and educational articles that help traders assess market fluctuations and gain relevant financial knowledge. As such, Space offers human expertise, while AI Pattern Recognition brings deep machine knowledge to the table. The synergy of these two tools allows traders to spot relevant patterns—and then validate decisions by deep diving into the financial theory, if necessary.
According to the Octa broker, the AI Pattern Search tool will be further improved with new machine learning models for handling support and resistance levels and candlestick patterns. These incoming updates will extend the tool’s scope and add more flexibility to OctaTrader clients’ routines.
Following the latest trend of deeper penetration of AI in FinTech, OctaTrader now combines advanced machine learning and artificial intelligence capabilities with extensive expert intelligence. Using the new AI Pattern Recognition tool, OctaTrader clients can significantly ease the cognitive load of analysing the charts, making sessions more efficient and decision-making more informed.
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Disclaimer: Trading involves risks and may not be suitable for all investors. Use your expertise wisely and evaluate all associated risks before making an investment decision.
Hashtag: #Octa
The issuer is solely responsible for the content of this announcement.
JAKARTA, INDONESIA – Media OutReach Newswire – 5 March 2025 – On February 20, the Southeast Asia DONGFENG DAY 2025 brand event was grandly inaugurated in Jakarta, Indonesia. Over 100 representatives from dealers, partners, and financial and media guests gathered from Southeast Asian countries and the ASEAN region, including Indonesia, Thailand, and Singapore, to review the achievements of Dongfeng Truck in 2024 and witness the unveiling of the new models DONGFENG GX, DONGFENG KC PRO, and DONGFENG KC PLUS, and outline the strategic blueprint for 2025.
The event showcased multiple exhibition areas, including port logistics, expressway, and mining areas. The exhibits covered a variety of models such as tractors and dumpers, as well as components like engines, transmissions, and wheel reduction axles. Dongfeng Truck highlighted both new energy and traditional energy solutions, delivering forward-looking technologies and specialized products across various scenarios. Focused on reliability, intelligence, and trust, Dongfeng Motor aims to create “the most reliable Chinese truck brand” to meet the diverse needs of global customers.
Ma Lei, Managing Director of China Dongfeng Motor Industry Imp. & Exp. Co., Ltd., attended the event and stated that Dongfeng Motor will always maintain an open and inclusive attitude, collaborate with local partners to accelerate overseas business extension and promote the vigorous development of the local industry.
Zhang Xiaofan, Deputy General Manager of the Dongfeng Motor Corporation Commercial Vehicle Department and Managing Director of Dongfeng Commercial Vehicle Co., Ltd., outlined the brand strength with the core values of “reliable, intelligence, and trust”. Dongfeng Truck prioritizes reliable quality, advancing in new energy, intelligent networking, and automation. It actively layouts a smart logistics ecosystem, builds a mature sales network, and creates a fast and efficient service support system. These efforts aim to provide global customers with the comprehensive value of products and support sustainable development in the transportation and logistics.
Dongfeng Motor has made a significant move in the Southeast Asia market as part of its global layout. Export business has always been one of the key drivers for the sales growth of Dongfeng Truck. Yang Tao, Deputy Managing Director of China Dongfeng Motor Industry Imp. & Exp. Co., Ltd., introduced the strategic plan for the Southeast Asia market from five perspectives: product, service, manufacturing, financing, and value. Currently, Dongfeng Truck has developed the GX, KC Plus, and KR platforms in the local market, offering a full range of high-end, medium, and mainstream products with both diesel and new energy options to meet Indonesia’s customized needs. In the future, Dongfeng will continue to enhance local manufacturing capabilities, provide diversified financial solutions, and pursue win-win partnerships.
High-end intelligence, redefining the benchmark. Ma Lei, Zhang Xiaofan, and dealers representatives unveiled the three new vehicles, DONGFENG GX, DONGFENG KC PRO and DONGFENG KC PLUS, which showcased top technologies and leading adaptability in Jakarta. These models are designed to be best-sellers with core features tailored to specific scenarios.
As a logistics specialist, the flagship DONGFENG GX matches world-class standards and has become a globally classic bestseller, with annual global sales exceeding 10,000 units. It has enhanced reliability by 30% through over 130 technological improvements and features an L2+ intelligent driving assistance system with a 95%+ takeover rate on highways, making it capable of handling extreme scenarios. It continues to lead the high-end express logistics market, setting a new benchmark for heavy-duty trucks. DONGFENG KC PRO is designed for heavy-duty transportation in mining and port areas. It features an integrated balanced suspension for strong anti-rolling ability. It is equipped with dCi-465ps industry-leading powertrain, which is more efficient and powerful. It has shown excellent reliability through long-term use by millions of customers. The DONGFENG KC PLUS is a high-performance heavy-duty dumper launched by Dongfeng Truck. It meets the Euro V emission standards and features an integrated chassis and hoisting design, offering strong carrying capacity and excellent overall performance. It is a reliable choice for heavy-duty transportation.
In 2024, Dongfeng Truck ranked second in the commercial vehicle industry, achieving annual sales of 385,400 units through seizing opportunities and close collaboration. It reflects the dedication of Dongfeng’s employees and the strong support of outstanding partners, which is also a vivid interpretation of “DRIVE YOUR DREAMS”. During the event, local customers and partner representatives shared their success stories, highlighting the bright prospects of their cooperation.
Dongfeng Truck, with its intelligent and reliable product capabilities and unwavering commitment to high-quality service, has won the high recognition of Indonesian partner, PT. INDO GLOBAL TRAKTOR. During the event, an order for 800 engineering dumpers was placed. Subsequently, Dongfeng Truck officially signed a strategic cooperation agreement with PT. LANCARJAYA MOTOR INDONESIA and PT. DAYA KOBELCO CMI to enhance its sales and service capabilities in Indonesia. The signing was witnessed by all the guests present.
Dongfeng Truck has always implemented the “Overseas Service Priority” strategy, dedicated to delivering exceptional customer experiences globally. In 2024, it partnered closely with local dealers in Indonesia to establish 24 service outlets. To enhance market coverage and service capabilities, Dongfeng Truck plans to increase the number of service outlets to 64 across Sumatra and Java islands, ensuring a service radius of under 50 km and 100% service coverage nationwide. Additionally, Dongfeng Truck guarantees a 100% issue resolution rate within 72 hours and aims for a 100% spare parts satisfaction rate to support efficient vehicle operations.
IT’S ALL ABOUT TRUST. Dongfeng Truck is eager to achieve mutual success and growth with outstanding partners. Facing the new opportunities in 2025, Dongfeng Truck will stay focused, set visionary goals, unite with determination to deliver high-quality products, and fully propel the Chinese commercial vehicle industry towards a brighter future!
Hashtag: #Dongfeng
The issuer is solely responsible for the content of this announcement.
Firefighters have contained a large fire burning at a metal recycling premises in Papakura, but the fire is expected to take several hours to fully extinguish.
Fire and Emergency NZ has 15 fire trucks at the scene, including three aerial appliances, as well as a command unit and support vehicles.
The fire was reported just after 4.30pm. Assistant Commander Chris Delfos says that the initial crews who responded are being relieved by fresh firefighters.
An emergency mobile alert was issued at 5.55pm because of the widespread smoke, particularly to the east of Hunua Road. The smoke warning remains in place. People in areas where there is smoke are advised to stay inside with their doors and windows shut to avoid exposure to the smoke.
Police and St John have also been at the scene, which is routine for a fourth alarm level fire.
PERTH, Australia, March 05, 2025 (GLOBE NEWSWIRE) — Parker Blackwood Advisers, a leading financial services provider has released its analysis of Australia’s economic trajectory following the Australian Bureau of Statistics’ (ABS) latest National Accounts data, which revealed a 0.6% quarterly rise in GDP and 1.3% annual growth for 2024. The report underscores cautious optimism as the economy shows early signs of recovery while navigating domestic and global headwinds.
Nathan Jones, Chief Investment Officer at Parker Blackwood Advisers, remarked: “The data confirms that Australia’s economy is gradually emerging from its sluggish phase. While the 0.6% quarterly expansion is encouraging, this recovery remains fragile. Government expenditure and migration have been pivotal in offsetting weaker private sector momentum, but sustainable growth will require targeted policies to unlock productivity and private investment.”
Tristan Hindmarsh, Account Executive at Parker Blackwood Advisers added that while easing monetary policy, real wage gains, and impending tax cuts provide tailwinds, structural challenges persist. “The RBA’s rate-cutting cycle and improved disposable incomes should stimulate demand in 2025. However, reliance on public spending at multi-decade highs risks crowding out private enterprise. Without reforms to address labor shortages, housing affordability, and global trade volatility, the path to robust growth will remain uneven.”
The report by Parker Blackwood Advisers highlights external risks, including escalating U.S.-China trade tensions and China’s economic slowdown, which could dampen export demand. Domestically, Parker Blackwood’s analysis stresses the need for infrastructure-focused fiscal strategies ahead of the federal election.
Tom White, Account Executive at Parker Blackwood Advisers, noted: “Government investment in productivity-enhancing infrastructure—such as renewable energy projects and digital modernization—can catalyse private sector activity. However, short-term stimulus pledges must align with long-term economic vision to avoid perpetuating stagnant per-capita growth.”
Parker Blackwood Advisers projects moderate GDP growth of 1.6% in 2025, accelerating to 2.3% in 2026 and 2.7% in 2027, contingent on easing inflation, interest rate cuts, and policy clarity. Michael Smith, Account Executive at Parker Blackwood Advisers added: “Households and businesses are poised to benefit from improving conditions, but vigilance is key. Global trade uncertainties and China’s stimulus decisions will significantly influence Australia’s trajectory.”
As Australia navigates this pivotal economic juncture, Parker Blackwood Advisers reaffirms its commitment to guiding clients through evolving challenges and opportunities. By combining forward-looking analysis with strategic wealth management solutions, the firm aims to empower stakeholders to build resilience and capitalize on the nation’s emerging growth drivers. With a focus on innovation and adaptability, Parker Blackwood remains at the forefront of shaping financial strategies tailored to Australia’s dynamic economic landscape.
About Parker Blackwood Advisers Founded in 2013, Parker Blackwood Advisers is a premier financial services provider based in Perth, Australia. With a focus on personalised investment strategies, the firm offers a broad range of wealth management solutions, including asset allocation, investment management, and financial planning. Managing over $4.7 billion in assets, Parker Blackwood Advisers is dedicated to helping clients achieve their financial goals through tailored, expert guidance.
Disclaimer Parker Blackwood Advisers is a trading name of PBA Corporation Pty Ltd (ABN: 98 162 183 244), holder of AFSL 434-071. Investing carries risks, including potential loss of capital. Information provided is general and not financial advice. Past performance is not a guarantee of future results.
Mr. Paul Allen Head of Marketing paul.allen@pb-investment.com 08 6275 0960 Exchange Tower, Level 17/2 The Esplanade Perth WA, 6000
Offering Both General and Life Insurance to Meet Customers’ Various Protection Needs
HONG KONG SAR – Media OutReach Newswire – 5 March 2025 – PAO Bank Limited (“PAObank”) announced that it has been granted an Insurance Agency Licence from the Insurance Authority (“IA”) and has signed strategic partnership agreements with China Ping An Insurance (Hong Kong) Company Limited (“PAHK”) and FWD Hong Kong (“FWD”) respectively. PAObank is launching both general and life insurance services, offering retail banking customers a seamless bancassurance experience.
PAObank has entered into a bancassurance partnership with PAHK, leveraging on their extensive general insurance expertise as a solid support for this collaboration, to provide a wide array of diverse products, including motor insurance, travel insurance, and home insurance solutions to meet customers’ various protection needs.
Meanwhile, PAObank has further deepened its partnership with insurer, FWD, following the successful launch of Hong Kong’s first bank-insurance “Commercial Data Interchange” (CDI) collaboration, which promotes cross-sector data interchange and leads breakthroughs in the data integration and applications for Hong Kong’s financial sectors. PAObank and FWD are now expanding their collaboration to retail banking, offering life insurance products to customers.
By seamlessly integrating financial technology and Application Programming Interface (API) technology, PAObank connects with insurance companies’ platforms to offer comprehensive online one-stop insurance services. Customers can now easily purchase insurance at their fingertips, enjoying a more convenient, seamless, and secure insurance experience. With just a few simple steps, they can ensure reliable protection for themselves and their families.
Mr. Ambrose Wong, Chief Executive of PAObank, said, “Obtaining the Insurance Agency Licence is a pivotal milestone for the development of our retail banking services. We are delighted to have reached a strategic partnership agreement with PAHK and FWD respectively to further expand our financial services offerings for our individual customers. In addition to time deposits and insurance services, we are accelerating efforts to launch more insurance products. With a focus on serving SMEs and individual customers, we aim to provide a diverse array of financial services, creating greater value for our clients.”
Mr. Kelvin Cheung, Managing Director of PAHK stated, “The online insurance business of PAHK provides customers with 24/7 online instant quotes and insurance application services, significantly improving customer experience and striving to achieve the concept of ‘humanised financial services’. We are very pleased to collaborate with PAObank to offer excellent protection plans and services to our customers.”
Mr.Ken Lau, Managing Director of Greater China and Hong Kong Chief Executive Officer, FWD said, “We are delighted to further strengthen our strategic partnership with PAObank. FWD is actively expanding our multi-channel distribution strategy to serve more customers through our bancassurance partnership network. Through this collaboration, FWD will provide more customers with life insurance products, working hand in hand with PAObank to bring greater benefits to both parties.”
PAObank will continue to innovate and leverage financial technology to provide SMEs and individual customers with comprehensive, convenient, and personalised financial solutions. At the same time, PAObank will continue to establish a sustainable financial ecosystem and facilitate the development of digital banking.
Please refer to the PAObank website at www.paob.com.hk for details. For any enquiries, please contact us through Live Chat in the PAObank APP or call the customer services hotline at 3762 9900.
Hashtag: #PAObank #PAHK #FWD #Bancassurance
The issuer is solely responsible for the content of this announcement.
The alliance will advise companies on how to streamline operational processes, accelerate digital transformation and drive faster innovation.
SINGAPORE – Media OutReach Newswire – 5 March 2025 – Workato®, the leading enterprise orchestration platform, announced a new strategic alliance with Tata Consultancy Services (TCS), a global leader in IT services, consulting and business solutions. The TCS and Workato alliance is a commitment to help businesses streamline operations, drive productivity and embrace innovation. With this collaboration, Workato and TCS will strengthen their joint enterprise orchestration capabilities to enable digital transformation and technology modernisation for their customers.
Named a Leader in the 2024 Gartner® Magic Quadrant™ for iPaaS, Workato enables enterprises to transform their business operations by orchestrating business processes end-to-end and operationalizing AI across the entire organization. The company’s low-code/no-code platform is designed to make it easy for Information Technology and business teams to integrate their applications, data, and experiences while maintaining security and governance. Workato’s AI-powered agentic capabilities allow customers to rapidly build and manage powerful AI agents that take action and orchestrate workflows.
“Today, customers need to rationalize and simplify their technology spread. They are investing in platforms that can help them automate, improve productivity, and deliver efficiencies across the enterprise landscape. Workato, with its integration, automation and AI capabilities, helps simplify, automate, and deliver significant cost savings to customers. TCS, with its deep domain and technology expertise, has been working with Workato to help customers define their integration roadmap, simplify technology landscape, and deliver more with less through automation and AI,” said Punit Agarwal, Singapore Country Head, Tata Consultancy Services.
Over 200 TCS practitioners have been trained on the Workato platform and have completed Workato’s implementation certifications. By leveraging the power of Workato’s platform, TCS will help its extensive network of clients deliver custom solutions to address complex business problems and accelerate digitalisation. This includes integrating data across enterprise systems, modernising legacy applications, automating repetitive and manual tasks, and embracing AI-powered enterprise orchestration.
“The enterprise IT landscape is changing rapidly as a result of evolving business demands, cloud adoption, and digital transformation initiatives. Enterprises are facing the convergence of integration and automation solutions which seamlessly connect enterprise applications, implement business process orchestration, and enable human tasks and workflows to unlock the true potential of siloed enterprise data for intelligent, data-driven business growth,” said Kiran Deshpande, Global Enterprise Integration Practice Head, Tata Consultancy Services.
“Workato’s AI-powered, hyper-automation platform along with TCS’ domain, contextual, and technology knowledge, enables customers in their digital transformation initiatives for accelerated business growth,” he added.
“We are thrilled to embark on this strategic alliance with TCS, a global leader in business solutions consulting and digital transformation. By joining forces with TCS and leveraging their extensive network and industry expertise, we’re well-positioned to help more enterprises in Asia Pacific pursue AI-powered efficiency, productivity and innovation across their business,” said June Lee, General Manager, Workato Asia Pacific.
“Together, our partnership will provide an unmatched combination of strategic consultancy based on deep industry knowledge and AI-driven workflow orchestration capabilities, to deliver unparalleled value to our joint customers.”
Attributable to Inspector Andrea McBeth, Hamilton City Area Commander
Council CCTV operators have assisted Hamilton Police in making an arrest after providing information of a person carrying a weapon in the CBD.
In the early hours of Tuesday 4 March, Police were alerted by Council CCTV camera operators, after a man was seen holding a weapon before getting into a vehicle.
As officers made their way to the scene, they were further advised of critical information from camera operators including descriptions and images of the man and the vehicle.
Thanks to this information, Police located the man a short time later at an address in Nawton.
The man was subsequently arrested, with an offensive weapon located alongside a metal pole.
CCTV operators are an invaluable service to both us and the community. They detect a wide range of incidents from medical events and lost property, to identifying and notifying Police of suspicious and unlawful behaviour.
The 38-year-old man is due to appear in Hamilton District Court on Friday 7 March, charged with possessing an offensive weapon and possessing methamphetamine.
