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SCG profit holds steady as group navigates energy cost pressures

Thanh Van — Fri, 08 May 2026 18:07:19 +0700

On May 6, SCG announced total revenue from sales of VND102.6 trillion ($3.9 billion) and profit for the period of $197 million. Adjusted cash earnings before interest, taxes, depreciation, and amortisation reached $472 million, a 17 per cent increase on-year, supported by efforts to diversify feedstock and energy sources from non-Middle East suppliers, manage costs, and improve operating efficiency.

Thammasak Sethaudom, CEO of SCG

Thammasak Sethaudom, CEO of SCG, said, "SCG’s early strategic decisions have enabled us to absorb the impact of volatility and effectively manage the situation despite tensions in the Middle East. Under our short-term strategy, we are managing risks comprehensively by establishing a 'Daily War Room' to monitor raw material and energy costs daily, while ensuring continuous support for our customers across the supply chain."

"For our two-year strategy (2026–2027) in Vietnam, we are strengthening long-term competitiveness by leveraging Regional Optimisation and advancing the LSP’s Ethane enhancement venture in Vietnam, which has progressed 50 per cent as planned. While our Long Son Petrochemicals (LSP) complex faced temporary feedstock constraints, we utilised this period to carry out planned maintenance and accelerate the ethane enhancement project. Once operational by the end of 2027, this undertaking will enhance flexibility in feedstock utilisation and is expected to deliver substantial cost savings, ensuring long-term strength for our businesses and the industry," he said.

In Vietnam, SCG recorded first quarter revenue of $597 million, representing a 99 per cent on-year increase, mainly driven by LSP’s resumed operation. Beyond the numbers, SCG continued to support Foreign Direct Investment and industrial development in Vietnam.

A major highlight of the quarter was a high-level Investor Relations trip, hosting a delegation of prominent Thai institutional fund managers. The delegation toured SCG’s operations and visited the LSP complex in Vietnam–a flagship facility with a designed capacity of 1.35 million tonnes of olefins and 1.4 million tonnes of polyolefins per year.

The visiting funds left with a strong, positive impression of Vietnam's rapid infrastructure modernisation, robust domestic consumption, and clear regulatory reforms. By serving as a strategic bridge for investment, SCG is reinforcing international confidence in Vietnam’s long-term growth potential.

At the local level, this cross-border collaboration continued as PRIME Group co-organised the 'Thai Connect – Phu Tho 2026' event on April 25 with the Royal Thai Embassy to strengthen trade linkages.

SCG is investing in low-carbon manufacturing to support Vietnam’s Net Zero 2050. Specifically, Song Gianh Cement marked its 20th anniversary by committing to reduce carbon emissions by 23 per cent by 2030, backed by a $3.5 million investment in an Autotruck automation system that automates loading processes, enhances operational efficiency, and optimises logistics for both domestic and export markets.

The Auto Truck system at Song Gianh Cement Port has drastically improved efficiency and lowered emissions

SCG also launched the 'On Green, On Goal' video campaign, using professional golf as a platform to encourage discussion on practical low-emission approaches among business and policy stakeholders.

Beyond influencing business and industry leaders, SCG is deeply committed to inspiring the next generation, in collaboration with The Students' Cultural House of Ho Chi Minh City. During the quarter, SCG engaged more than 10,000 young people through hands-on activities that encourage environmental awareness and sustainable lifestyles.

SCG also continued to invest in people and community development in Vietnam. SCG continued its 'Spring Zero Dong' initiative, providing essential goods to deserving communities during periods of economic hardship and major holidays.

Internally it also launched Communities of Practice across functions, including Human Resources, Procurement, Legal and Compliance, Branding and Corporate Social Responsibility, and Environmental, Social, and Governance, to strengthen knowledge sharing and capability development across its businesses.

SCG welcomes Vietnam’s new leadership team and looks forward to the country’s next phase of development. Despite continued global uncertainty, the group remains focused on operational discipline, business readiness, and long-term value creation.

In Vietnam, SCG sees continued opportunities in industrial development, infrastructure expansion, green transition, and efforts to engage high-quality investment.

Siam Cement Group announces 2025 results amid global headwinds

SCG on February 9 announced its 2025 operating results, highlighting disciplined financial management amid a challenging global and regional economic environment.

Long Son Petrochemicals to suspend operations from mid-May

Thailand's Siam Cement Group will temporarily suspend operations at its Long Son Petrochemicals plant in Vietnam from mid-May due to the prolonged Middle East crisis.

Thai Pavilion marks 50 years of Vietnam-Thailand relations

Siam Cement Group has partnered with Thailand's Ministry of Foreign Affairs and other Thai organisations to open a learning centre in Ho Chi Minh City focused on the sufficiency economy philosophy.

Marketing Society and Ekimetrics launch CMO Tension Report

The Marketing Society — Fri, 08 May 2026 16:13:11 +0700

HONG KONG SAR - Media OutReach Newswire - 7 May 2026 - The Marketing Society, in partnership with marketing effectiveness consultancy Ekimetrics, today launches The CMO Tension Report, a new piece of research drawing on conversations with 14 Chief Marketing Officers (CMOs) and business leaders across Asia-Pacific.

The report surfaces something that many marketing leaders are already living but rarely see reflected back clearly: that the complexity facing CMOs today is not simply external. It is organisational and, at its core, a decision problem.

Fragmented structures, misaligned KPIs, and unclear ownership across functions are making it increasingly difficult for senior marketers to make confident, cohesive decisions. CMOs have more data and tools at their disposal than ever before, but the challenge now is clarity. This gap in clarity widens the distance between what businesses are ambitious to achieve and what marketing leaders can realistically deliver.

What makes the report timely is the consistency of what it found. 14 senior leaders across different sectors and markets described a remarkably similar set of pressures, not as isolated trends, but as forces converging at once: the tension between short-term ROI and long-term brand value; the friction created by fragmented measurement and ownership across the business; the role of AI, which leaders broadly acknowledge improves efficiency but does not resolve how decisions are made or who is accountable for them.

Sophie Devonshire, CEO of The Marketing Society, said "At The Marketing Society, we've long held that marketing is the key driver of growth in business. And yet, when we talk to our members across the world, we keep hearing the same thing, that the biggest tension CMOs face is bridging the gap between the business's ambition to grow and the reality of delivering that growth. That tension plays out across multiple dimensions simultaneously — AI, creativity, measurement, ownership, short-term versus long-term — and in a region as vast and varied as APAC, every one of those dimensions is amplified. We brought together 14 marketers from 13 organisations to share how they are navigating this in their daily lives. What came through clearly is that the fundamentals of marketing remain constant. What is changing, and will keep changing, is how we apply them. This report exists to help the marketing community learn how to do exactly that."

Olivier Kuziner, Managing Partner APAC at Ekimetrics, said "At Ekimetrics, we believe the defining leadership challenge for modern marketing is orchestrating short-term and long-term performance together through better decision making. That belief is what drew us to this research, and what the report confirms. The CMOs we spoke to across APAC are operating in an environment where data abundance, channel fragmentation, and performance culture have accelerated decision cycles, while shrinking patience for long-term returns. The risk, and we see it consistently, is organisations mistaking efficiency for effectiveness, and optimisation for transformation. Value comes from fixing the system; the measurement frameworks, the shared definitions of success, the cross-functional alignment. This report makes that case through the voices of leaders who are working through it in real time."

Underlying all of it is a broader shift in what is expected of marketing, from execution to strategic growth engine. The report examines not just the tensions CMOs are navigating, but what organisations need to change: clearer decision-making frameworks, better cross-functional alignment, and a shared understanding of how marketing creates value over time.

The CMO Tension Report is available to view and download at https://heyzine.com/flip-book/cmotensionreport.html.

https://www.marketingsociety.com

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Citi Investor Day outlines clear path for next growth phase

Huong Thuy — Fri, 08 May 2026 16:12:25 +0700

The bank's 2026 Investor Day took place in New York on May 7, led by chair and CEO Jane Fraser, together with leaders of Citi's five core businesses and the bank's CFO Gonzalo Luchetti.

Citi's chair and CEO Jane Fraser

Citi set out new near-term and medium-term return on tangible common equity, targets, reflecting the progress made in reshaping the bank since its last full Investor Day in 2022.

This year's Investor Day followed Citi’s strong first-quarter 2026 results, announced on April 14, with revenues of $24.6 billion, up 14 per cent on-year, and net income of $5.8 billion, up 42 per cent on-year.

Investor Day highlighted how Citi’s international network remains a core competitive advantage. The bank has a physical presence in more than 90 markets and serves clients in more than 180, moving approximately $6 trillion daily. Citi also supports around 80 per cent of US and Global Fortune 500 companies worldwide.

Non-G10 countries contributed 42 per cent of the bank's 2025 revenues, while Asia-Pacific accounted for 30 per cent of Wealth revenues, underscoring the growing importance of international and regional markets to Citi's strategy.

Vietnam is expected to continue playing an important role in Citi’s regional and global network.

As one of Asia’s most dynamic and internationally connected economies, Vietnam is increasingly central to global supply chains, foreign direct investment, trade flows and cross-border business expansion.

"Investor Day highlighted that Citi's international network remains a core competitive advantage and will be a driving force for future growth," said Minh Ngo, Citi Vietnam's country officer and banking head. "We underlined the progress Citi has made in generating sustainable returns through effective and disciplined management."

"In Vietnam, we remain focused on our clients and will ensure that we walk with them as we continue to grow our business and implement our strategy," she added.

Citi Vietnam aims to use its global reach, local expertise, and integrated banking capabilities to support multinational corporations, financial institutions, and local companies as supply chains realign, capital flows shift, trade expands, and Vietnam integrates further into the global economy.

Citi Vietnam celebrates 20th anniversary of Global Community Day

Hundreds of Citi Vietnam employees and their families joined Global Community Day 2025 on June 7.

Citi Vietnam empowers employees through AI Days

Citi Vietnam is strengthening its commitment to an AI-driven future by hosting a series of “Citi AI Days” in Ho Chi Minh City and Hanoi.

Citi sharpens its focus on institutional banking

Citi boasts strength in cross-border payments and supply chain finance. Minh Ngo, newly appointed Citi country officer and banking head for Vietnam, discussed the bank’s strategic priorities in this country with VIR’s Thien Huong.

Entrepreneur Doan Van Binh launches book From Vietnam to South Pole

Thanh Van — Fri, 08 May 2026 16:10:36 +0700

The book is published and distributed by Alpha Books nationwide. It chronicles his journey to conquer the South Pole, which has one of the harshest environments on the planet, characterised by extreme sub-zero temperatures, biting winds, and an almost endless expanse of white ice.

However, the book’s distinctive value lies not in geographical exploration, but in the profound reflections forged throughout the journey.

The book doesn't portray a conqueror of nature. It affirms a spirit of interdependence and humility before nature. "In Antarctica, nature is not hostile. It is simply unforgiving," the author writes. This concise statement conveys a profound philosophy about readiness to face challenges, discipline, and respect for rules.

Amid global uncertainty and Vietnam’s transition into a new era of development, Antarctica serves as a powerful symbol of aspiration to reach out globally, to conquer the earth, the depths, and the heights. The author expresses confidence that Vietnam is capable of venturing into the world's furthest corners with resilience, knowledge, and responsibility.

The bilingual Vietnamese-English format not only broadens readership but also reflects a desire to bring Vietnamese stories to the international stage, where the experiences of a Vietnamese entrepreneur can contribute to broader global discussions on the environment, governance, and social responsibility.

Alongside his work in business management, research, and policy advocacy, Binh is also an avid traveller and explorer, and among the few Vietnamese to have visited 150 countries and territories.

CEO Group breaks ground on Novotel Cam Ranh Resort

CEO Group started construction of Novotel Cam Ranh Resort at Bai Dai - Cam Ranh in Khanh Hoa province on June 21.

CEO Group breaks ground on first industrial park in Haiphong Free Trade Zone

Amid Vietnam’s strong shift from attracting investment by quantity to selecting and guiding capital flows based on quality, on January 15, CEO Group officially broke ground on Tien Lang Airport Industrial Park – Zone B (CEOZone Haiphong) project in Chan Hung commune, Haiphong city.

CEO Group starts construction of CEOHomes Hana Garden

On April 17, CEO Group broke ground on the CEOHomes Hana Garden new urban area in Quang Minh, Hanoi.

DITP unveils Reimagining Thailand vision at Cannes

The Department of International Trade Promotion Thailand (DITP) — Fri, 08 May 2026 16:07:20 +0700

CANNES, FRANCE - Media OutReach Newswire - 7 May 2026 - The Department of International Trade Promotion (DITP), Ministry of Commerce, hosted "Thai Night Cannes 2026" under the theme "Reimagining Thailand" at the Cannes Film Festival, highlighting Thailand's new direction in the global entertainment and creative economy, and reinforcing its position on the international stage.

"Thailand is entering a new phase in the global creative industries, evolving from world-class filming destination into a source of original content and a strategic partner for international co-productions," said Ms. Sunanta Kangvalkulkij, Director-General of DITP.

"Thailand has a strong creative foundation, supported by a new generation of talents with bold and distinctive storytelling. This aligns with the government's policy to position the creative economy as a key driver of future economic growth."

The event showcased tangible achievements of Thailand's film industry on the global stage, including:

Global box office success: "How to Make Millions Before Grandma Dies" generated over US$73 million worldwide.
International recognition: "A Useful Ghost" won the top award in the Critics' Week section at the Cannes Film Festival.
Rising global demand for Thai serices: Thai BL and GL series continues to gain popularity across Asia, Latin America, and Europe.
Growth in international productions: 162 international productions were filmed in Thailand between January and March 2026, generating over US$36 million in production spending, supported by a cash rebate incentive of up to 30%.

Thai Night Cannes 2026 also marks a significant milestone, celebrating the 170^th anniversary of diplomatic relations between Thailand and France, reflecting long-standing cooperation in culture, trade, and creative industries.

At Marché du Film 2026, DITP led 15 Thai companies to participate in business negotiations and international networking under the Thailand Pavilion. Participating companies included GDH 559, Sahamongkolfilm International, GMM Studios International, and T&B Media Global.

The "Reimagining Thailand" vision represents a significant step in transforming Thailand from a globally recognized production base into a key partner in shaping the future of the international content and entertainment industry.

In addition, "Amazing Thai Night," will be held at Annex Beach, Cannes in collaboration with the Tourism Authority of Thailand (TAT), to showcase Thai culture, cuisine, music, and creative industries, while strengthening global partnerships in both tourism and the creative sectors.

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Global Governance Report highlights future shock risks

Democracy News Alliance — Fri, 08 May 2026 16:05:34 +0700

LOS ANGELES, US - Newsaktuell - 7 May 2026 - The newly released 2026 Berggruen Governance Index (BGI) paints a mixed picture of global governance heading into a future of mounting shocks, finding widespread gains in public-goods provision from 2000 to 2023 even as democratic accountability edged down and state capacity showed little overall improvement.

Presentation of the 2026 Berggruen Governance Index: On 6 May in Los Angeles, the following individuals discussed the findings of the study (from left): Vinay Lai (Professor of History, UCLA), Michael Storper (Distinguished Professor of Urban Planning, UCLA), Stella Ghervas (Professor of History, UCLA) and the two authors of the study, Joseph Saraceno and Prof. Helmut Anheier (both from UCLA's Luskin School of Public Affairs). Democracy News Alliance / Jordan Strauss/AP for DNA

The BGI, presented Wednesday by an international group of governance scholars, analyses measurable benchmarks of democratic accountability across 145 countries.

On a 100-point scale, the global score for democratic accountability slipped slightly from 65 in 2000 to 64 in 2023, the most recent data used in the project. The wave of democratisation observed in the closing decades of the last century has stalled in the last 15 years. Democratic accountability fell in 54 countries while it improved in 48 countries.

Yet the BGI — a collaborative project of the Luskin School of Public Affairs at the University of California, Los Angeles (UCLA), Berlin's Hertie School and the Berggruen Institute, a think tank headquartered in Los Angeles — captures remarkably widespread growth in provision of public goods.

Encompassing healthcare, education, infrastructure, environmental sustainability and conditions to foster employment and rising prosperity, public goods improved in 135 of the countries studied, while declining slightly in just four. The global average jumped from 58 to 69 points from 2000 to 2023.

The third component of what the BGI authors refer to as the "governance triangle" is state capacity, defined as the ability to tax, borrow and spend, control territory, operate scrupulous, competent bureaucracies and administer predictable rule of law. The index finds the global average ticking up from 48 to 49 points; 56 countries had increased state capacity while 57 declined.

"What does it tell us about the world ahead?" Prof. Helmut K. Anheier, a Luskin School sociologist and BGI principal investigator, asked during the public release of the 2026 BGI on the UCLA campus.

"Countries are not really improving in their governance performance in significant ways. ... We're not really having forward-looking investment in governance capacity. There is considerable inertia."

The largest improvements across all three BGI components occurred in Gambia, which the report groups with "low-capacity developing states." These states score low across the board, particularly in the provision of public goods. This cluster constitutes the poorest countries with the least developed economies, which face the most serious challenges.

"They have the greatest exposure to likely future crises, whether it's global warming, whether it's a new pandemic, whether it's another financial crisis, whether it's the impact of AI," Anheier said. "And they have the least capacity to respond to it."

Bhutan, Georgia, Iraq and Tunisia — which make up the remaining top five countries with the largest improvements in the BGI — are classified as "capacity-constrained states." They tend to be middle-income with struggling democracies. These countries score higher across the board than the low-capacity developing states, but their state capacity tends to lag compared to public goods and democratic accountability.

The capacity-constrained states risk falling into "a cycle that erodes the institutions they have built," Anheier said.

"Consolidated democratic states", a cluster of most of the world's richest countries, which score highly in all three BGI components, have to confront domestic complacency. Further, in the United States and some others, "political dysfunction" is leaving mounting problems unaddressed and risking erosion of state capacity, Anheier said.

At the other end of the spectrum, the country with the farthest fall on the BGI since 2000 is Nicaragua. Second from last is Venezuela, followed by Hong Kong, Hungary and Turkey. The rest of the bottom 10 are Russia, Iran, Poland, El Salvador and Belarus.

Since 2023, which is the last year of data available for the study, Poland and Hungary have both seen government changes via election, despite serious democratic backsliding. Both had fallen out of the group of "consolidated democratic states" by 2023 and moved into the capacity constrained cluster.

The other eight countries at the bottom of the list are all places that once had some semblance of competitive elections, but by now have little or no remaining pretense of democracy. They are grouped by the authors among the "authoritarian and hybrid states", which have by far the lowest democratic accountability but outperform even some struggling democracies in delivering public goods.

These regimes have tended toward faster economic growth in the period observed. But that seeming prosperity, typically fueled by extractive industries or overreliance on exports, masks "serious institutional weaknesses in these countries, including divided elites," Anheier said.

Relatively few countries — 21 of the 145 — changed enough for better or worse to be classified in a new group by the end of the 23-year study period.

"Movement between them is rare, but this is largely what we should expect," said Stella Ghervas, a UCLA historian on a panel of experts who discussed the BGI findings Wednesday. "Government systems are not created in a moment. They evolve over long periods of time."

Local conditions shaping governance in each country can rarely be quickly reset through political will or even external shocks, Joseph C. Saraceno, a Luskin School data scientist and BGI co-author, said Wednesday.

"Despite all the talk of major transformations happening in global affairs, the underlying configuration of governance simply doesn't appear to change very much," Saraceno said. "We use the term inertia to describe this reoccurring pattern. In other words, the structures of global governance are resistant to movement as the conditions beneath them are quite sticky: political economies, demographics, resource endowments. These are deeply layered, and they push each country toward the world that it already inhabits."

But the challenges lurking around the world may not wait for the slow and difficult processes of political change and development to catch up.

"With the few exceptions of those countries in the consolidated democratic world," Anheier said, "the great majority of the countries in the world is ill-prepared for the future."

The full report, ' 2026 Berggruen Governance Index - The Four Worlds of Governance', can be viewed and downloaded from the website of the UCLA's Luskin School.

Frank Fuhrig, DNA

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Grobrix launches Silver Harvest Initiative in schools

Grobrix — Fri, 08 May 2026 15:58:56 +0700

SINGAPORE - Media OutReach Newswire - 7 May 2026 – More than 200 students and retirees have come together at Bukit View Primary School to grow fresh produce within school corridors, as part of Grobrix’s newly launched Silver Harvest Initiative. With local vegetable production at just 8% against a national target of 20%, the pilot demonstrates how everyday spaces can be transformed into productive micro-farms, offering a scalable approach to local food production in land-scarce Singapore.

The pilot transforms existing spaces such as corridors and rooftops into small-scale growing sites using compact, soil-less farming systems. By using existing infrastructure instead of new farmland or large facilities, the model enables food production across multiple community locations, making it easier to implement in schools and shared environments.

Students take part in planting, transplanting and harvesting as part of their daily school environment, while crops such as leafy greens can be harvested in cycles of approximately three weeks. This demonstrates how consistent production can be achieved even within limited spaces.

Retirees, known as “Silver Farmers”, manage the farms and oversee daily operations. Students support planting, harvesting and basic monitoring, creating a working environment where food production becomes part of everyday school life. The setup also gives students direct exposure to how food is grown and managed, turning the school into a hands-on learning environment aligned with sustainability and applied learning goals.

“Singapore does not have the luxury of large farming spaces. But we have schools, and we have retirees who want to contribute. This pilot shows that food production can be practical and repeatable by using spaces we already have,” said Mathew Howe, Founder of Grobrix.

The initiative comes amid growing adoption of micro-farming across Singapore, with schools, companies and community spaces increasingly integrating small-scale food production into existing environments. Demand for such systems has risen in recent months, reflecting broader interest in community-based approaches to food resilience.

The Bukit View Primary School pilot will run over 12 months, focusing on improving yields and integrating produce into school consumption. Grobrix will track how much of the school’s leafy green needs can be met through these growing spaces, with the aim of developing a model that can be adopted across other schools.

Grobrix has installed more than 100 edible growing systems across Singapore and is expanding its footprint regionally and internationally. The company plans to scale the Silver Harvest Initiative to more schools while training additional retiree participants, building a network of community-based growing sites over time.

As Singapore continues to strengthen its food security strategy, including updated targets to increase local production of vegetables and protein by 2035, the initiative offers a practical example of how food production can be integrated into everyday environments beyond traditional farming spaces. It also aims to build greater awareness of food sources and encourage more active participation in local food systems.

https://grobrix.com/

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CUHK claims top positions in QS University Rankings

The Chinese University of Hong Kong — Fri, 08 May 2026 15:56:46 +0700

HONG KONG SAR - Media OutReach Newswire - 7 May 2026 - The Chinese University of Hong Kong (CUHK) has achieved outstanding results in the QS World University Rankings by Subject 2026, released on 25 March, further cementing its position as a global leader in research and academic excellence. Ten CUHK subjects have secured the top position in Hong Kong, and 21 subjects rank among the top 50 worldwide. These outstanding results reflect CUHK's sustained commitment to research impact and the calibre of its scholars, whose work continues to advance the collective understanding of the world's most pressing challenges.

CUHK's Academic Excellence and Global Research Impact

Ranked among the world's top 50 universities, CUHK ascended to 32nd place globally in the QS World University Rankings 2026, marking a four-place rise that reinforces its role as a hub for rigorous inquiry, and a dynamic environment where students are empowered to pursue meaningful research and knowledge exchange. This trajectory is supported by 17 CUHK researchers recognised on the Highly Cited Researchers 2025 list by Clarivate Analytics, and 431 academics listed among the world's top 2% scientists by Stanford University. Among them, 47 scholars were ranked within the global top 100 in their respective fields. Notably, three scholars, including Vice-Chancellor and President Professor Dennis Lo Yuk-ming, have earned positions within the global top 10, a distinction that highlights the remarkable depth and excellence of CUHK's research community.

CUHK's The Nethersole School of Nursing: Nurturing Research Innovation and Global Talent in Nursing

Among CUHK's strongest performers in this year's rankings, the Nethersole School of Nursing has been ranked #1 in Hong Kong and Asia, and #6 worldwide. Reflecting on the academic environment, Pham Nhat Vi DO, a Vietnamese PhD student in Nursing, shared: "My PhD journey at CUHK has transformed my research abilities, critical thinking, and leadership skills. Through CUHK's outstanding faculty support, I have accessed diverse academic resources and gained invaluable hands-on experience, building a strong foundation for my future career."

Vi's research focuses on colorectal cancer survivorship using cutting-edge technology. As the first Vietnamese researcher adopting this approach, her work reflects CUHK's strength in empowering students to break new ground.

CUHK's Geography and Resource Management: Advancing Student Research on Pressing Climate Challenges

CUHK's Department of Geography and Resource Management has also earned notable recognition in this year's ranking, placing #4 in Asia and #21 worldwide. Arati POUDEL, a Nepali PhD student, highlighted the University's research ecosystem as a key defining aspect of her experience. "CUHK exceeds expectations through outstanding research facilities, supportive faculty, and comprehensive professional development opportunities. The prestigious Belt and Road Scholarship has also enriched my research journey in this beautiful campus environment."

Supported by CUHK, Arati's research investigates how adaptation to climate extremes—particularly water scarcity and excess—are being addressed, and the pivotal role played by communities and civil society in leading these responses.

Through the QS World University Rankings by Subject 2026, CUHK continues to demonstrate the impact of its research and scholarship. These achievements underscore the University's growing influence on the global academic stage and its steadfast commitment to addressing complex global challenges through innovation, insight, and collaboration.

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Luffa announces brand upgrade as AI Web3 super connector

Luffa — Fri, 08 May 2026 15:51:47 +0700

HONG KONG - Media OutReach Newswire - 7 May 2026 - Luffa, a global leading intelligent ecosystem platform, officially unveiled a major brand upgrade, repositioning as the AI × Web3 Super Connector. Centered on AI agents, it provides an integrated intelligent collaboration and value-flow system for global individuals, creators, brands, communities and developers. This upgrade drives Luffa to evolve into a next-generation infrastructure powered by AI, based on sovereign identity and supported by programmable economics, systematically solving identity, intelligence, value and trust fragmentations in the digital world, and enabling AI to realize autonomous execution, reliable interaction and independent economic capacity.

Current internet suffers severe fragmentation: platform-controlled isolated identities, AI agents lacking independent identity, wallets and execution ability, closed-ecosystem-locked value and payments, and unverifiable AI-generated content. Luffa constructs super-connectivity via three core dimensions: community with DID-based sovereign identity, AI empowerment and on-chain governance for DAO; content as programmable tradable value containers supporting creator tokenization and tiered monetization; aggregation through SuperBox mini-program ecosystem, multi-chain wallets, LuffaPay intent-based payments and multi-agent protocols linking cross-scenario applications. These closed loops bridge gaps between users and identity, identity and assets, content and value, online and offline.

In fragmented digital environment, AI is only a tool without independent identity and execution power, while user assets and data are locked by platforms. Luffa endows AI agents with three core capabilities: unified controllable DID for humans and AI ensuring traceable reputation and behaviors; end-to-end automated operations covering community management, content distribution and risk assessment; independent wallet-holding, transaction, negotiation and settlement, making AI formal economic participants. These systems integrate people, identity, assets, creation and offline-online scenarios, making AI the ecosystem's core driver.

By February 2026, Luffa hits over 3 million global downloads, 2 million registered users and 150,000+ daily active users. Its core products run well in AI prediction markets, mini-games, community governance and creator economy. In 2026, it will focus on AI prediction markets and intelligent derivatives to build a top intelligent trading platform.

Luffa CEO Michael Liu stated AI is the digital world's core productivity but lacks identity, execution and trust. As AI × Web3 Super Connector, Luffa equips AI with sovereign identity and economic capacity, helping users achieve value sovereignty via intelligence, shifting the world from attention economy to ownership economy.

https://www.luffa.im/

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Mirah Investment partners with RV Capital for hospitality

Mirah Investment & Development — Fri, 08 May 2026 15:45:24 +0700

BALI, INDONESIA - Media OutReach Newswire - 7 May 2026 - Mirah Investment & Development, a Bali-based hospitality development and management group with an active portfolio spanning branded residences, hotels and resorts, and lifestyle hospitality across Indonesia and over 1,000 units currently under construction, announced a strategic investment partnership with RV Capital, an investment manager with offices in Singapore and the UAE specialising in Asia-Pacific hospitality real estate.

Cocana Resort - Gili Trawangan

The partnership spans equity positions in two of Mirah's signature hospitality brands, SOMOSHOTELS and Cocana Resorts, and includes access to a pipeline of at least five additional locations across Indonesia, Thailand, Japan, and beyond over the next 5 years.

RV Capital's investment includes a substantial capital deployment in 2026 and accelerates Mirah's expansion across the region, with a development pipeline exceeding $300 million in hospitality assets planned across Asia.

"Mirah has done what very few hospitality operators in Southeast Asia have managed. They have built a platform with real operational depth, not just a development pipeline. We are backing both the assets and the team behind them, and we see SOMOSHOTELS and Cocana as the beginning of something much larger," said Vinesh Motwani, Managing Partner & CIO, RV Capital.

The investment reflects RV Capital's confidence not only in the individual assets, but in Mirah's broader platform: its ability to identify emerging destinations, develop integrated hospitality product, and scale it across markets through Mirah's partnership with The Guest Society, an experience-led hospitality management company redefining how brands are operated across Asia. Driven by this partnership, The Guest Society will open a Thailand office in 2026 to support the group's regional growth.

SOMOSHOTELS is Mirah's lifestyle hotel brand, designed as an integrated hospitality destination rather than a conventional hotel. The flagship SOMOSHOTELS Uluwatu, a 250-room property situated on Uluwatu's main commercial corridor, will be the first walk-in, walk-out lifestyle hotel on the strip, combining rooms, a pool day club, restaurant and retail venues, spa, fitness, and event spaces when it opens in 2027. Uluwatu is Bali's fastest-growing hospitality micro-market, and SOMOSHOTELS is designed to serve as its first integrated hospitality anchor. The two firms are committed to exploring new SOMOSHOTELS locations together, with sites currently under consideration in Phuket's Bangtao area and in Japan.

Cocana Resorts is Mirah's beach resort brand, currently operating its first location on Gili Trawangan with 45 private-pool villas, 66 deluxe lagoon suites, beach club, spa, and two restaurants, with a third restaurant, Sensei Ikan, and additional lagoon suites opening later in 2026. Development of the next Cocana commences in Bali in 2026, on Balangan, a front-line location regarded as one of the island's finest stretches of coastline, with an anticipated opening in mid-2029. Two locations are currently under consideration for the next Cocana resort in Thailand: Koh Phangan and Phuket, with development set to commence in 2026, marking the brand's entry into Southeast Asia.

"Bali will always be our home, but this partnership gives us the platform to take what we have built here and bring it to the best destinations across the region," said Scott Matson, COO, Mirah Investment & Development.

Mirah has built a track record of entering highly localised markets before demand is widely recognised, identifying where hospitality appetite is heading before quality supply arrives to meet it. That same foresight underpins SOMOSHOTELS and Cocana Resorts, both conceived for locations Mirah identified as structurally underserved, with strong demand fundamentals and limited quality supply.

RV Capital, founded by partners combining institutional investment backgrounds spanning KKR and Goldman Sachs, targets premium hospitality assets in high-demand, undersupplied markets where active ownership drives returns. This partnership marks the firm's first commitment in the branded hotel segment and its most significant Bali deployment to date.

With five additional locations currently being explored and a pipeline spanning Asia, the RV Capital partnership positions Mirah Investment & Development as one of the most active hospitality expansion stories in Asia.

https://mirahdevelopments.com/

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

DP World secures Laem Chabang concession extension

DP World Asia Pacific — Fri, 08 May 2026 15:40:08 +0700

BANGKOK, THAILAND - Media OutReach Newswire - 7 May 2026 - DP World, through its joint venture Laem Chabang International Terminal Co., Ltd. (LCIT), has secured a five-year concession extension to continue operating the B5 container berth at Laem Chabang Port. The extension comes at a time of increasing intra-Asian trade and evolving supply chain dynamics, reinforcing the port's role as a critical gateway for Thailand's economy.

Terminal and yard at Laem Chabang Port

The contract, granted by the Port Authority of Thailand (PAT), will run from May 2026 to April 2031, reinforcing DP World's central role in bolstering regional trade flows.

LCIT operates both B5 and C3 berths at Laem Chabang, Thailand's principal deep-sea gateway and the country's largest container hub supporting international trade. The terminals can accommodate up to four vessels simultaneously along 900 meters of berth length and are supported by 4,420 sqm of on-dock container freight station (CFS) facilities. In 2025, LCIT handled a record 1.936 million twenty-foot equivalent units (TEUs), its highest annual throughput to date, reflecting sustained growth in container volumes.

Glen Hilton, CEO & Managing Director, Asia Pacific, DP World, said: "This concession extension at Laem Chabang Port ensures continuity and service stability for our customers at a time when supply chains face increasing pressure and complexity. As Thailand strengthen its position as a regional trade hub, this extension allows us to continue investing in capacity, efficiency and sustainable operations. Together with our partners at LCIT, we are well positioned to support growing intra-Asia trade and deliver long-term value for customers across the Asia Pacific region."

This concession will enable continued investment by DP World in operational efficiency and sustainability at Laem Chabang. In 2025, five electric internal transfer vehicles (eITVs) were deployed at LCIT, reducing emissions by approximately 60% compared to diesel alternatives while supporting faster vessel handling. Further upgrades are planned in 2026, including the installation of additional eITVs, electric reach stackers, and an electric empty container handler.

Complementing its operations at Laem Chabang Port, DP World has an integrated logistics network throughout Thailand, including cross-border trucking, landside logistics and freight forwarding. The company also recently launched a rail-connected inland container yard in Khon Kaen with a dedicated thrice-weekly rail shuttle to Laem Chabang, enhancing connectivity for exporters in Thailand's Northeastern region.

These services and solutions aim to strengthen Thailand's domestic and export trade by enabling the seamless movement of goods and materials from port to domestic hinterlands, and to markets across the wider Asia Pacific region.

https://www.dpworld.com

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

Sino Land recognised for top 1 per cent ESG performance

Sino Land Company Limited — Fri, 08 May 2026 15:32:20 +0700

HONG KONG SAR - Media OutReach Newswire - 7 May 2026 - Sino Group ('the Group') is pleased to announce that Sino Land Company Limited ('Sino Land') (Stock Code: 0083.HK) has been recognised as a 'Top 1% S&P Global Corporate Sustainability Assessment (CSA) Score (China)' company in the S&P Global Sustainability Yearbook 2026 (China Edition), and is the only company in the Real Estate Management & Development industry to receive this distinction. Sino Land has also been included as a constituent of the Dow Jones Best‑in‑Class (DJ BIC) World Index for the second consecutive year, underscoring international recognition of the Group's efforts and leadership in sustainability.

The S&P Global Sustainability Yearbook 2026 (China Edition) acknowledges Chinese companies that demonstrate sustainability excellence in their respective industries. This year's assessment covers nearly 1,800 companies, of which around 190 were selected for inclusion in the Yearbook. Sino Land is the only company in the Real Estate Management & Development industry to be rated among the top 1%, building on its earlier recognition in the S&P Global Sustainability Yearbook 2026 as a 'Top 5% S&P Global CSA Score' company. The Dow Jones Best-in-Class World Index is also one of the market's leading sustainability indices. Based on long‑term economic, environmental and social criteria, the index comprises the top 10% of sustainability performers among the largest 2,500 companies in the S&P Global Broad Market Index (BMI). These recognitions reflect the Group's ongoing efforts to integrate sustainability principles into its business strategy and daily operations, as well as its continued and measurable progress across key sustainability areas.

Daryl Ng, Chairman of Sino Group and Chairman of the Group's ESG Steering Committee, said, 'We are grateful for this recognition under S&P Global's rigorous assessment framework, particularly as one of the top 1% companies in the Chinese mainland's Real Estate Management & Development industry. It encourages us to continue strengthening our sustainability efforts in line with international standards. We recognise that our progress has been made possible by the dedication of our colleagues and the support of our business partners and communities, enabling us to implement the Group's sustainability strategy. In response to the country's emphasis on accelerating the comprehensive green transformation of the economy and society, as highlighted in the 15th Five-Year Plan, we also hope to learn from it and explore how we can better align our business accordingly, promoting the integration of international experience with local practices and working together to build communities that are lower in carbon and more liveable. Looking ahead, we will continue to learn with humility and work collaboratively with our stakeholders to uphold our corporate culture and core values as we make steady progress on our sustainability journey.'

Beyond advancing a more sustainable environment through climate action, building planning and design, and innovative solutions, the Group also remains committed to a people‑centric approach by promoting sustainability through employee engagement. For the second consecutive year, Sino Group organised 'Sino Sustainability Month' in collaboration with close to 15 partners, including environmental social enterprises, green-technology start-ups, academic institutions and professional bodies, to organise visits, workshops and hands-on experiential activities for our employees. Such initiatives encourage colleagues and their families to embrace sustainable practices in the context of work and home life, while gradually extending awareness of sustainable living practices to families and business partners. This year, the programme extended from Hong Kong to Singapore and Sydney, attracting nearly 300 employees and delivering over 650 training hours through the 'Sino Sustainability Academy', bringing teams from the three locations together to support sustainability initiatives.

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

www.sino.com

Huawei s Bangkok launch ignites all scenario intelligence

Huawei — Fri, 08 May 2026 15:27:01 +0700

BANGKOK, THAILAND - Media OutReach Newswire - 7 May 2026 - On May 7, 2026, Huawei held the "Now Is Your Spark" global product launch in Bangkok, Thailand, where they officially unveiled the HUAWEI MatePad Pro Max, HUAWEI WATCH FIT 5 Series, HUAWEI WATCH GT Runner 2 Racing Legend Edition, and other innovative products. With all-scenario technology, these devices serve as a genuine extension for global users to explore the world and express themselves.

An ultra-slim flagship tablet setting new benchmarks in mobile productivity

Huawei globally debuted the HUAWEI MatePad Pro Max at this launch. Combining refined design, a premium display, PC-level productivity, and a full suite of creative tools, the HUAWEI MatePad Pro Max provides flagship tablet performance in a remarkably thin and light form factor. At 499g and measuring a mere 4.7 mm thick, even the exclusive PaperMatte Edition weighs just 509g, HUAWEI MatePad Pro Max is the thinnest and lightest tablet among the 13-inch+ tablet.

Smart wearables refreshed for the next generation

Huawei has introduced a fresh lineup of smart wearables tailored for the young generation. The HUAWEI WATCH FIT 5 Series retains its iconic square design, now enhanced with a sleek, vibrant aesthetic. It guides users through engaging and accessible mini-workouts, encouraging a more active lifestyle. The series also supports a wide range of competitive sports, including cycling, golf, trail running, and tennis. With advanced tracking, analysis, and guidance features, it caters to diverse needs, from daily fitness routines to competitive sport.

Debuting at this event, the HUAWEI WATCH GT Runner 2 Racing Legend Edition is a professional running watch that embodies the look and feel of marathon racing. It features a new single running ability index (RAI) and a professional Training Camp Dashboard, giving runners deeper data insights to train smarter and race harder.

Huawei partnered with renowned jewelry designer Francesca Amfitheatrof to launch the HUAWEI WATCH ULTIMATE DESIGN Spring Edition. Inspired by the blooming beauty of spring, this design features 99 natural diamonds and diamond-cut sapphire glass, a wearable celebration of feminine strength and vitality.

Huawei has also unveiled new premium flagship kids watches: the HUAWEI WATCH KIDS X1 Series. Equipped with a front and rear high-definition camera setup, it features a 110° ultra-wide-angle front camera and a 1.82-inch AMOLED screen, offering a larger display and broader field of view. The device also includes a detachable and rotatable device body and AR fun feature, enabling kids to capture every precious moment of their explorations.

A new phone experience for the diverse needs of young users

Huawei officially launched the HUAWEI nova 15 Max, redefining the experience for a generation that plays hard and shoots sharp. Equipped with a 50 MP RYYB Ultra Vision Camera, it delivers true-to-life colors even in low light or backlit conditions. The 8,500 mAh Super Battery powers all-day use, eliminating battery anxiety. The Extra-Durable Body is drop-resistant, so everyday bumps are no longer a worry. Combined with a Vivid OLED Screen and Symmetrical Stereo Dual Speakers, an immersive audio-visual experience is always within reach. From photography to battery life, and from durability to audio-visuals, the HUAWEI nova 15 Max continuously empowers every passion.

From flagship tablets to smartwatches designed for children, Huawei's connected device ecosystem continues to expand its presence in the daily lives of users around the world. Huawei remains committed to technology that is not only useful, but genuinely enriching, technology that ignites inspiration. Huawei looks forward to continued collaboration with users around the world, helping people live and work better, wherever they are.

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

Research finds application sprawl risks APAC workforces

Zoho Corporation — Fri, 08 May 2026 15:21:09 +0700

SINGAPORE - Media OutReach Newswire - 8 May 2026 - Zoho Corporation released the State of Workforce Password Security 2026, a global research study covering 3,322 verified respondents across nine regions, six industries, and twelve roles. The report, conducted by Tigon Advisory Corp. on behalf of Zoho Vault, finds a growing disconnect between how organizations perceive credential risk and how they have acted on it. In APAC, 64% of surveyed businesses run more than 15 applications, with integrated credential governance emerging as the region's most critical unmet need.

Timed to coincide with World Password Day, the report arrives at what the authors describe as a critical inflection point. Across the global sample, one in three businesses reported a confirmed cyberattack in the past year, and a further 7% were unable to confirm whether they had been attacked at all. The APAC region is on par with the global figure on this metric.

"World Password Day was created to remind people that credentials are still the entry point to the modern business. What this research shows is that the entry points have multiplied: the average APAC employee now logs into more than fifteen business applications, and most organizations cannot fully account for who has access to what across them," says Chandramouli Dorai, Chief Evangelist of Cyber Solutions at Zoho. "The issue is not under-investment, but investment without architectural coherence, leaving businesses with a significant gap between intent for security and actual results." APAC is the region with the second highest application sprawl, with 64% of businesses surveyed using more than 15 applications, 5 points above the global average.

The State of Security in APAC

There is a consistent theme across APAC respondent data: high awareness, high spending intent, and persistent visibility gaps. Among APAC respondents:

32% experienced a confirmed cyberattack in the past year.
73% lack complete identity visibility across their workforce, including orphaned accounts and undocumented access, one point lower than the global average.
74% plan to increase security spending in 2026 — two points above the global average.
64% of employees use 15 or more business applications, five points above the global average and the second highest application-sprawl rate of any region globally.
66% have not deployed a Zero Trust strategy, with most non-adopters expecting to implement within one to three years, this is on par with global average.

The AI Belief-to-Deployment Gap

The survey also measured business sentiment on AI's role in security strategy. Confidence is high, with 91% of APAC respondents believing AI can strengthen their security posture, yet only 8% of businesses globally are ready to adopt AI-powered security today. This belief-to-deployment gap is significant. Among desired AI security features, 68% of respondents prioritized anomaly and threat detection, compared to 47% who selected risk-based access controls.

The report identifies legacy infrastructure (cited by 52% of global respondents) and migration complexity (48%) as the primary blockers. Cost ranks third at 41%, reinforcing a recurring theme across the data: the constraint on security maturity is not budget but architecture.

"The organizations that will navigate the next five years most effectively are those investing in architectural simplicity, building governance models that scale with identity growth, and adopting AI-enabled orchestration to reduce friction,", says Helen Yu, Founder and CEO of Tigon Advisory Corp. "Budget is not the primary constraint on security maturity; architecture, talent, and visibility infrastructure are. The data in this report is a call to sequence correctly: fix foundations before chasing advanced capabilities."

The Application Sprawl Problem

The report frames credential risk as a function of attack-surface growth, and nowhere is that surface expanding faster than in APAC. The region's mobile-first, multi-cloud work culture means the average employee now accesses more than 15 business applications daily across on-site, hybrid, and remote settings. Credential management, in this context, is not a remote-work problem. It is a structural one.

Yet fewer than one in four organizations globally have deployed a dedicated password manager. The gap is most acute among SMBs, which dominate APAC's commercial fabric. More than half of respondents in organizations under 250 employees report no dedicated security team, with credential security left to shared spreadsheets, manual hygiene, and informal policies, what the report calls "the SMB credential blind spot." In a region where SMB-led growth is central to several national economies, this represents a systemic and largely unaddressed vulnerability.

What the Data Recommends

The report concludes with six imperatives for 2026, prioritized by deployment urgency: deploy a centralized password manager, close the identity visibility gap, pair password management with multi-factor authentication, build a Zero Trust roadmap, treat integration as a security requirement, and pilot AI-powered credential security within the next twelve months.

"Legacy infrastructure remains the primary blocker between any effective use of AI, including deploying AI for security," says Mani Vembu, CEO of Zoho. "Our future-ready stack is built around the premise that placing identity, access, and applications on the same architectural foundation provides fewer opportunities for vulnerabilities, higher identity visibility, and conveniently, an easier method of adding AI to assist in threat detection. As AI's sophistication in exploiting security weaknesses rapidly improves, migrating to a secure, AI-ready platform is only becoming more urgent."

Methodology

The State of Workforce Password Security 2026 was conducted by Tigon Advisory Corp. and sponsored by Zoho Corporation. The study is based on 3,322 verified responses across nine regions (United States, Canada, United Kingdom, European Union, India, Middle East and Africa, Australia and New Zealand, APAC, Japan, and China), six industries, and twelve workforce roles. Data was collected in early 2026. The full report, including all regional snapshots and methodology notes, is available at https://www.zoho.com/vault/state-of-workforce-password-security-report.html.

Zoho Privacy Pledge

Zoho respects user privacy and does not have an ad-revenue model in any part of its business, including its free products. The company owns and operates its data centers, ensuring complete oversight of customer data, privacy, and security. More than 150 million users around the world, across hundreds of thousands of companies, rely on Zoho every day to run their businesses, including Zoho itself.

https://www.zoho.com

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

SIM Academy highlights upskilling pathways for learners

Singapore Institute of Management — Fri, 08 May 2026 15:14:55 +0700

SINGAPORE - Media OutReach Newswire - 8 May 2026 - SIM Academy has opined on the importance of aligning professional development choices with individual learning preferences, particularly for individuals who tend to excel in interactive and collaborative environments. Learners who are inclined towards discussion, coaching, and group-based activities may see additional benefit from training approaches that incorporate real-world application and interpersonal skill development. Such alignment may support greater confidence and more effective application of skills in workplace settings.

SIM Academy's professional development portfolio includes short courses across areas such as communication, collaboration, and facilitation, reflecting a focus on workplace-relevant skill development.

Supporting Communication Skills Development

Communication remains a key required competency across industries. Programmes in this area focus on helping participants convey messages clearly, adapt communication styles for different audiences, and manage workplace interactions effectively. The ability to speak with confidence, clarity, and impact plays a vital role in achieving meaningful outcomes.

Short professional programmes, such as Effective Communication and Advanced Negotiations, are designed to equip participants with essential skill and provide structured guidance to help them develop purposeful and confident communication skills.

Strengthening Collaboration in the Workplace

Collaboration plays an important role in team effectiveness and organisational performance. Programmes in this area focus on enabling individuals to work effectively in teams, whether in physical or virtual environments. The one-day Collaboration (Intermediate) course covers areas such as team goal-setting, communication, conflict management, coaching, and mentoring. It is intended for supervisors, executives, and managers seeking to strengthen team dynamics and address workplace challenges collaboratively.

Developing Facilitation Capabilities

Facilitation skills are increasingly relevant in guiding discussions and enabling participation in group settings. Programmes in this area are intended for professionals who lead meetings, workshops, or collaborative initiatives. Courses such as The Art and Science of Facilitation introduce practical techniques for managing group interactions, encouraging participation, and supporting productive discussions in workplace settings.

Aligning Learning with Professional Needs

SIM Academy advises professionals to identify the work situations in which they are most effective and select courses that align with their learning preferences and professional development goals. Courses are offered in various formats, including instructor-led sessions, and selected programmes may be eligible for SkillsFuture funding and SkillsFuture Credit.

References

1‑day Communication course:
https://www.sim.edu.sg/professional-development/courses/course-listing/communication-intermediate
SIMA Course on Strategic Communication Mastery for Leaders: https://www.sim.edu.sg/professional-development/courses/course-listing/strategic-communication-mastery-for-leaders
1‑day Collaboration course:
https://www.sim.edu.sg/professional-development/courses/course-listing/collaboration-intermediate
The Art and Science of Facilitation:
https://www.sim.edu.sg/professional-development/courses/course-listing/the-art-and-science-of-facilitation
Short professional courses offered by SIM Academy:
https://www.sim.edu.sg/professional-development/courses/course-listing

https://www.sim.edu.sg/

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

Apple Storage unveils Hong Kong s first IP themed flagship store

Apple Storage — Fri, 08 May 2026 15:11:31 +0700

HONG KONG SAR - Media OutReach Newswire – 8 May 2026 - Apple Storage is once again redefining the public's imagination of self-storage. Located at the Lap Tai Industrial Centre in Tsuen Wan, the group has launched Hong Kong's first IP-themed concept store, spanning over 10,000 square feet. This new branch seamlessly blends the brand's exclusive IP characters with lifestyle aesthetics, introducing a premium "Airport VIP Lounge" experience to the storage industry for the first time.

In addition to specialized storage solutions—including dedicated units for clothing, collectibles, books, and bicycle parking—the facility features a groundbreaking VIP Lounge. Customers can enjoy complimentary access to massage chairs and co-working spaces, extending the storage experience into a lifestyle enjoyment. Apple Storage is committed to transforming storage from a utility into an exclusive clubhouse, allowing customers to free up home space while fully immersing themselves in hobbies such as outdoor activities or art collection.

Business-Grade Work Facilities

The branch features a dedicated co-working space equipped with computers, printing facilities, workstations, and charging points. Customers can conveniently handle business or personal administrative tasks, such as printing documents or conducting online research, directly on-site.

Party Room-Style Entertainment

To make the storage process relaxing and enjoyable, Apple Storage has equipped the VIP Lounge with professional massage chairs for immediate post-task stress relief. The Group has upgraded the facilities to rival a "Party Room" environment, featuring billiards, television, and Nintendo Switch consoles. This allows family members to stay entertained while customers manage their storage units at their own pace.

The lounge also includes a spacious communal table, perfect for assembling intricate models or playing board games. Guests can enjoy complimentary coffee and various beverages from the self-service refreshment counter, turning a cold warehouse into a private sanctuary for family time.

Comprehensive Storage Amenities

The facility is equipped with 24-hour support, climate and humidity control, CCTV, smart access control, and regular staff patrols to ensure maximum safety and comfort. Additional amenities such as packing zones, trolleys, and bicycle repair tools are provided for customer convenience. Customers can retreat to the leisure area or VIP lounge whenever they need a break.

Over 120 Branches: Hong Kong's Leader in Regulatory Compliance

With deep roots in Hong Kong since 2005, Apple Storage has expanded to over 120 branches, serving more than 100,000 customers. Recognizing that safety is always the clients' top priority, Apple Storage adheres to the highest standards of compliant operations. As an industry leader, Apple Storage maintains close communication with the Buildings Department and the Fire Services Department. Apple Storage takes pride in having the largest network of branches in Hong Kong that have successfully passed inspections by both departments. The Group pledges to continue upgrading fire safety facilities in line with government guidelines to ensure total peace of mind for every customer.

A New Era of Smart Storage: Integrating AI Technology

Apple Storage Group continues to invest heavily in integrating smart technology into its services. Hardware upgrades, including facial recognition systems and smart sensor lighting, have been rolled out across all branches to enhance security and energy efficiency.

On the innovation front, Apple Storage has developed a proprietary Customer Matching System. Utilizing AI data analysis, the system creates tailor-made storage solutions for clients, driving the business toward full digitalization. Currently, the Group is developing an "AI Smart Warehouse" project, which will apply cutting-edge Artificial Intelligence to unit management and customer interaction, signaling a new future for the industry.

Professional & Transparent: One-Stop Moving Team

Apple Storage offers a comprehensive "one-stop" moving and storage service, managed by the Group's professional brand, APPLE MOVING. The team handles everything from general moving to third-party delivery and pickup. To ensure maximum protection, the team provides packing materials—such as boxes and bubble wrap—in advance of the moving date.

Unlike many local independent movers, Apple Moving operates under a transparent corporate management model. With strict service guidelines and a standardized quoting system, the Group guarantees transparent pricing and strictly prohibits "on-site price hikes" or the solicitation of tips, providing customers with a reliable brand guarantee.

Two Decades of Excellence: Recipient of the "10th Year Award for Hong Kong Service Brand"

Since opening its first branch in 2005, Apple Storage has accompanied Hong Kong families and businesses for over 20 years. Today, with branches in every corner of the city, Apple Storage's commitment to a "premium environment" and "reliable service" remains unchanged.

The company's professionalism has earned widespread market recognition, including five consecutive years of Quality Service Certification from the Hong Kong Retail Management Association (HKRMA). In 2026, the Group was honored with the "10th Year Award for Hong Kong Service Brand" by the Hong Kong Brand Development Council. These accolades reflect the trust of over 100,000 customers.

Multi-Brand Synergy: A Comprehensive Storage Ecosystem

The Group's portfolio includes Apple Storage Premium, U SPACE, Apple Moving, and Apple Wine Cellar, providing a diverse range of integrated storage solutions. From flexible self-storage and professionally managed central storage to door-to-door storage and point-to-point logistics, current services cover every user need.

Apple Storage offers various sizes and specialized units, such as climate-controlled storage for clothing and sneakers, display units for toys, specialized bicycle racks, and flexible shelving units, creating bespoke space solutions for every client.

Driving ESG Strategy for a Green Future

Apple Storage Group has actively implemented ESG (Environmental, Social, and Governance) strategies in recent years. Regarding Environmental Protection, Apple Storage is transitioning to sensor-based energy-saving systems and prioritizing appliances with "Grade 1 Energy Labels." Apple Storage's own headquarters has also gone paperless through comprehensive digitalization.

In terms of Social Responsibility, the "Apple Volunteer Team" has collaborated with charities for years to support the underprivileged. Looking ahead, Apple Storage has set clear sustainability goals: a commitment to reduce carbon emissions by 10% within three years and increased investment in philanthropy, including pro-bono moving services and storage space donations. Recently, Apple Storage collaborated with a charity to provide free storage and moving services for residents of Wang Fuk Court, Tai Po, assisting them during their relocation and home clearing process.

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

Learn more about our latest offers: https://www.applestorage.com.hk/en/

Huawei empowers individuals with all scenario technologies

PR Newswire — Fri, 08 May 2026 15:07:19 +0700

BANGKOK, May 7, 2026 /PRNewswire/ -- On May 7, 2026, Huawei held the "Now Is Your Spark" global product launch in Bangkok, Thailand, where they officially unveiled the HUAWEI MatePad Pro Max, HUAWEI WATCH FIT 5 Series, HUAWEI WATCH GT Runner 2 Racing Legend Edition, and other innovative products. With all-scenario technology, these devices serve as a genuine extension for global users to explore the world and express themselves.

An ultra-slim flagship tablet setting new benchmarks in mobile productivity

Huawei globally debuted the HUAWEI MatePad Pro Max at this launch. Combining refined design, a premium display, PC-level productivity, and a full suite of creative tools, the HUAWEI MatePad Pro Max provides flagship tablet performance in a remarkably thin and light form factor. At 499g and measuring a mere 4.7 mm thick, even the exclusive PaperMatte Edition weighs just 509g, HUAWEI MatePad Pro Max is the thinnest and lightest tablet among the 13-inch+ tablet.

Smart wearables refreshed for the next generation

Huawei has introduced a fresh lineup of smart wearables tailored for the young generation. The HUAWEI WATCH FIT 5 Series retains its iconic square design, now enhanced with a sleek, vibrant aesthetic. It guides users through engaging and accessible mini-workouts, encouraging a more active lifestyle. The series also supports a wide range of competitive sports, including cycling, golf, trail running, and tennis. With advanced tracking, analysis, and guidance features, it caters to diverse needs, from daily fitness routines to competitive sport.

Debuting at this event, the HUAWEI WATCH GT Runner 2 Racing Legend Edition is a professional running watch that embodies the look and feel of marathon racing. It features a new single running ability index (RAI) and a professional Training Camp Dashboard, giving runners deeper data insights to train smarter and race harder.

Huawei partnered with renowned jewelry designer Francesca Amfitheatrof to launch the HUAWEI WATCH ULTIMATE DESIGN Spring Edition. Inspired by the blooming beauty of spring, this design features 99 natural diamonds and diamond-cut sapphire glass, a wearable celebration of feminine strength and vitality.

Huawei has also unveiled new premium flagship kids watches: the HUAWEI WATCH KIDS X1 Series. Equipped with a front and rear high-definition camera setup, it features a 110° ultra-wide-angle front camera and a 1.82-inch AMOLED screen, offering a larger display and broader field of view. The device also includes a detachable and rotatable device body and AR fun feature, enabling kids to capture every precious moment of their explorations.

A new phone experience for the diverse needs of young users

Huawei officially launched the HUAWEI nova 15 Max, redefining the experience for a generation that plays hard and shoots sharp. Equipped with a 50 MP RYYB Ultra Vision Camera, it delivers true-to-life colors even in low light or backlit conditions. The 8,500 mAh Super Battery powers all-day use, eliminating battery anxiety. The Extra-Durable Body is drop-resistant, so everyday bumps are no longer a worry. Combined with a Vivid OLED Screen and Symmetrical Stereo Dual Speakers, an immersive audio-visual experience is always within reach. From photography to battery life, and from durability to audio-visuals, the HUAWEI nova 15 Max continuously empowers every passion.

From flagship tablets to smartwatches designed for children, Huawei's connected device ecosystem continues to expand its presence in the daily lives of users around the world. Huawei remains committed to technology that is not only useful, but genuinely enriching, technology that ignites inspiration. Huawei looks forward to continued collaboration with users around the world, helping people live and work better, wherever they are.

Asendia and Singapore Post partner for APAC e commerce

PR Newswire — Fri, 08 May 2026 14:59:37 +0700

SINGAPORE, May 7, 2026 /PRNewswire/ -- Asendia, the international e-commerce and mail specialist, today announced a strategic partnership with Singapore Post (SingPost), a leading postal and e-commerce logistics provider. The partnership will strengthen cross-border e-commerce logistics capabilities, enhancing delivery performance, scalability and market access for businesses shipping into and out of Singapore and the wider Asia-Pacific region.

The partnership reinforces Singapore as a strategic gateway for cross-border e-commerce. With almost 75%[1] of online shoppers in Singapore having purchased from overseas sellers, the country is a key destination for international sellers. It also serves as an important logistics gateway to millions of online shoppers in the APAC region.

Strategic Navigation of the 2026 EU Customs Reform

The partnership is timely as global regulators move to close taxation gaps that previously defined the sector. From 1 July 2026, the European Union will officially abolish the €150 de minimis customs duty exemption[2], introducing a flat €3 customs duty on all low-value imports. These changes, aimed at leveling the playing field for traditional retail, have taken effect in a few countries since March, where authorities have imposed national handling fees. SingPost and Asendia are working to offer Delivered Duty Paid (DDP) solutions to the EU, providing a "frictionless corridor" to help merchants navigate this transition.

"This partnership comes at a critical juncture for global trade. Following the US suspension of de minimis exemptions in August 2025, the upcoming July 2026 EU reform introduces new regulations for exporting businesses to navigate." said Mark Chong, CEO, SingPost. "By extending our cross-border partnerships, we are providing businesses with the support to manage these complexities, ensuring that our customers can maintain access to these markets, minimising the risk of delivery friction or doorstep rejection."

The collaboration builds on Asendia's long-established presence in the region, including its recent establishment of the Singapore Hub operation. International brands and global marketplace sellers on platforms such as Amazon, eBay and Etsy will benefit from more streamlined parcel shipping into Singapore and the wider APAC region.

Through Asendia's international network, SingPost's Singapore-based e-commerce customers gain access to a more diverse, reliable set of options to sell and scale across new markets with delivery capabilities into Europe, North America, South America, the Middle East and Oceania, supported by a broad ecosystem of last-mile partners. In turn, Asendia's customers benefit from improved access into Singapore, Southeast Asia and the wider APAC corridor via SingPost's infrastructure.

Merchants working with both organisations will gain access to a comprehensive suite of delivery solutions. The core service offerings include Asendia's e-PAQ Home Delivery, e-PAQ Out-of-Home Delivery and e-PAQ Returns.

Lionel Berthe, Head of APAC, Asendia, said: "Asendia's Beyond Borders survey shows that 32% of retailers in APAC cite border delays, customs clearance, and cross‑border returns as key friction points. This partnership directly addresses those challenges, with Singapore as a core focus market, while enabling scalable and cost‑effective cross‑border growth across the wider region."

[1] https://www.citibank.com/tts/docs/CITI_E-COMMERCE_REPORT_V3_Licensed_AA.pdf

[2] https://ec.europa.eu/commission/presscorner/detail/en/ip_26_735

Please visit www.asendia.com

Global media visits Wuling as SGMW event concludes

PR Newswire — Fri, 08 May 2026 14:55:50 +0700

BEIJING and LIUZHOU, China, May 7, 2026 /PRNewswire/ -- Recently, SAIC-GM-Wuling's (SGMW) overseas brand series events for the Beijing Auto Show successfully concluded in Beijing and Liuzhou. Overseas media and renowned automotive influencers from around the world participated in auto show visits, corporate heritage exploration, Intelligent Island-Style Manufacturing factory tours, full-range product test drives, and brand co-creation exchanges. This series of activities gave overseas media, dealers, and users a new and deeper understanding of Global Wuling.

During the Beijing Auto Show, Wuling showcased its new product matrix featuring key models including the Huajing S, Starlight L, and Bingo Pro. The Huajing S, the first flagship large six-seat SUV jointly developed by Wuling and Huawei and equipped with Huawei Qiankun intelligent driving technology, represents the deep strategic collaboration between Wuling and Huawei Qiankun, demonstrating Wuling's pursuit of technological and brand advancement. Notably, SGMW established an overseas exhibition zone for the first time at this Beijing Auto Show, showcasing its determination to accelerate brand and ecosystem globalization.

Subsequently, overseas media and influencers traveled to Liuzhou for an in-depth heritage exploration. At the Baojun Base, they witnessed the world's first Intelligent Island-Style Manufacturing system. This system revolutionizes traditional automotive assembly-line processes, pioneering the third revolution in automobile manufacturing. Its "static + dynamic" flexible island design enables simultaneous production of fifteen vehicle models on one line. Empowered by a full-chain digital platform and AI Excellent Operation Grand Model (EOAI), component assembly precision reaches 0.1 millimeter level with zero misassembly rate and zero quality defects, achieving "consistency across ten thousand miles" and "uniformity across ten thousand vehicles." Overseas guests observed the highly intelligent production process, directly experiencing Wuling's core competitiveness of "manufacturing heritage + intelligent technology," forming a new understanding of "Intelligent Manufacturing in China."

At the Liuzhou Baojun Base vehicle test track, overseas media test-drove core products including the Huajing S, Starlight series, and Bingo series. The right-hand-drive model Darion, with spacious interior, comfortable cabin, and class-exclusive electric sliding door, perfectly meets overseas family needs. The Bingo series redefines urban refined mobility with its retro-fashionable exterior and exquisite interior. Multiple overseas media outlets praised Wuling's practicality, reliability, and design, recognizing its product strength in meeting global mainstream market demands.

Following the test drives, Wuling and global media engaged in deep-level brand co-creation exchanges. Both parties conducted face-to-face dialogues on brand value, product experience, global market trends, and overseas development strategies. Based on regional market characteristics and user needs, they exchanged viewpoints, built consensus, and contributed ideas for Wuling's globalization path. This co-creation established an efficient, transparent, long-term communication bridge, enabling overseas guests to comprehensively understand Wuling's brand vision, manufacturing strength, and long-term commitment.

Through this co-creation, Wuling absorbed first-hand global market insights, clarified localization directions, strengthened partner trust, and laid foundation for continued global market cultivation and high-quality globalization.

SGMW adheres to "Caring Mobility, For Everyone," with cumulative sales exceeding 32 million vehicles—the first Chinese automobile brand to reach this milestone. New energy vehicle sales exceed 3 million, ranking top three globally. Under its globalization strategy, Wuling operates six production bases including Indonesia and India, exporting to 70+ countries and regions with 1.5 million cumulative export sales and ten consecutive years of export growth.

This Beijing Auto Show overseas brand series event showcased Wuling's leap from manufacturing to intelligent manufacturing and its global market determination. Standing at a new starting point of global competition, Wuling establishes trust with an open posture, promotes joint expansion through collaboration, and works with global partners to advance Chinese new energy vehicle standards worldwide. www.wuling.com/en

Elevoc co founder DeLiang Wang ranked top 0 05 per cent globally

PR Newswire — Fri, 08 May 2026 14:52:32 +0700

HONG KONG, May 8, 2026 /PRNewswire/ -- Elevoc Technology announced that its co-founder, Professor DeLiang Wang, has been recognized in the 2025 ScholarGPS "Highly Ranked Scholars" list, placing him in the top 0.05% of all scholars worldwide. The recognition capped off a remarkable year for Professor Wang, who was earlier awarded the 2025 Neural Networks Pioneer Award by the IEEE Computational Intelligence Society and named to the "2025 World's Top 2% Scientists" list, jointly published by Stanford University and Elsevier.

Dr. Wang is a Presidential Chair Professor at The Chinese University of Hong Kong, Shenzhen, and a former University Distinguished Scholar at The Ohio State University. He is an elected Fellow of the IEEE, ISCA, and AAIA.

From the "Cocktail Party Problem" to Billion Devices

The Pioneer Award is the highest honor in the field of neural networks and deep learning, and among its past recipients are Geoffrey Hinton and John Hopfield who went on to receive the Nobel Prize, and Andrew Barto, Yoshua Bengio, and Yann LeCun who later won the Turing Award. The award recognizes Professor Wang's foundational contributions to oscillatory correlation theory and his groundbreaking work on speech separation, which revolutionized the way machines perceive human speech.

Professor Wang is widely credited as the first to introduce deep learning to the field of speech separation, offering a highly promising direction towards solving the "Cocktail Party Problem": the challenge of isolating a single voice amid a noisy acoustic environment. His landmark 2017 IEEE Spectrum cover story, "Deep Learning Reinvents the Hearing Aid - IEEE Spectrum," catalyzed a paradigm shift across the global hearing health industry, and inspired the adoption of deep neural networks in cutting-edge hearing aids by Oticon and Phonak, the two largest hearing aid companies in the world.

In 2017, Professor Wang co-founded Elevoc Technology. By 2018, Elevoc had achieved the industry's first commercial implementation of AI-based noise reduction. Today, Elevoc's speech separation solutions are embedded in over one billion consumer devices worldwide — spanning smartphones, earphones, PCs, and smart vehicles — serving global brands including Lenovo, Xiaomi, OPPO, and Li Auto.

Making the World Quieter by Building Hearing Intelligence

The transition from Professor Wang's academic research to large-scale industrial deployment marks a major milestone in the speech processing field. For decades, the field relied on traditional signal processing models that struggled in complex, real-world environments. By introducing deep learning to address the cocktail party problem, Professor Wang's work has brought machines significantly closer to human-level hearing capability.

In the current era of Large Language Models (LLMs) and Generative AI, voice has proven to be the most natural and essential interface for human-machine interaction. Whether for the rising wave of AI-native hardware, smart cockpits, or autonomous AI agents, the ability to "hear" in noisy, daily environments is a prerequisite for intelligence. Elevoc's AI speech enhancement technology serves as a critical "sensory filter" for these AI systems — ensuring a high-quality voice input that significantly improves the accuracy of model understanding and execution.

"Professor Wang's work didn't just advance a scientific field — it changed what machines are capable of hearing," said Dr. Xueliang Zhang, CEO of Elevoc. "At Elevoc, we carry forward that pioneering spirit by translating world-class neural network research to transformative engineering. Our mission is to close the gap between how humans communicate and how machines understand. In an increasingly noisy world, we remain committed to helping people and machines hear more clearly — by building hearing intelligence."

For more information, visit www.elevoc.com.

Frost Sullivan whitepaper highlights cooling as AI era imperative

PR Newswire — Fri, 08 May 2026 14:41:53 +0700

LONDON, May 8, 2026 /PRNewswire/ -- Frost & Sullivan's latest whitepaper, Strategic Cooling for the AI Era: How Data Centre Cooling Solutions Are Transforming Global Infrastructure, highlights how AI-driven computing demand is fundamentally reshaping the role of cooling within modern data centres.

As AI training, inference workloads, hyperscale cloud expansion, edge computing, and high-performance computing accelerate globally, data centre operators are facing unprecedented thermal stress, rising rack densities, increasing energy consumption, and growing pressure to improve sustainability and operational resilience. Frost & Sullivan finds that cooling is rapidly evolving from a background facilities function into a strategic enabler of performance, scalability, and long-term competitiveness.

The whitepaper explores how organisations are increasingly adopting advanced liquid cooling architectures, direct-to-chip systems, higher-capacity coolant distribution units (CDUs), and next-generation thermal management strategies to support increasingly dense AI infrastructure deployments.

"Cooling is no longer simply a facilities issue - it is becoming central to data centre efficiency, uptime resilience, and sustainable digital growth in the AI era," said Monica Miches, Industrial Advisory Director at Frost & Sullivan. "As AI workloads continue to intensify, operators must rethink cooling not as an operational afterthought, but as a core strategic component of digital infrastructure design."

The analysis highlights several major industry shifts shaping the market. Frost & Sullivan notes growing adoption of liquid cooling and direct-to-chip architectures, alongside rising operational demands created by AI-driven thermal density.

The study also examines the increasing importance of reliability engineering, leak management, and redundancy-by-design, as well as the growing influence of ESG objectives and water stewardship on cooling strategy. Emerging technologies such as two-phase cooling, microchannel architectures, and advanced fluid management approaches are also expected to play an increasingly important role as AI infrastructure scales further over the coming decade.

Frost & Sullivan notes that cooling investment decisions are increasingly tied to broader infrastructure priorities including uptime, energy optimisation, deployment scalability, and sustainability performance.

"As AI infrastructure begins to resemble industrial-scale thermal systems rather than traditional IT environments, the competitive landscape will increasingly favour organisations capable of aligning cooling architecture with long-term operational, financial, and environmental objectives," added Prem Shanmugam, VP and Global Practice Area Leader at Frost & Sullivan.

The whitepaper also outlines emerging growth opportunities across the cooling ecosystem, including CDU-centric reliability packages, advanced monitoring and filtration solutions, two-phase readiness, and integrated thermal management platforms.

Frost & Sullivan's analysis concludes that cooling innovation will become a defining factor in the future competitiveness of hyperscalers, cloud providers, colocation operators, OEMs, and component suppliers as AI-driven infrastructure continues to scale globally.

Willog secures Series B 2 investment for supply chain intelligence

PR Newswire — Fri, 08 May 2026 14:34:51 +0700

SEOUL, South Korea, May 8, 2026 /PRNewswire/ -- Willog, an AIoT-powered supply chain intelligence company led by Co-CEOs Daniel Yun and Ben Bae, announced it has secured Series B-2 investment. The round was backed by seven leading investors, including KB Investment, SGC Partners, Sneakpick Investment, IBK Capital, Re-Investment, Muirwoods Ventures, and Big Basin Capital.

The investment reflects growing confidence in Willog's ability to turn fragmented logistics into AI-enabled decision-making. In less than five years, Willog has reached Series B-2, achieved 7x year-over-year growth in new customers, and maintained a 0% churn rate, demonstrating exceptional product-market fit.

The Logistics Dilemma: Invisible Losses and Accountability
Logistics risks—such as breakage, temperature deviations, and impact damage—often occur in "grey zones" with limited visibility. This makes it difficult for shippers to identify root causes or prevent recurrence. Post-COVID-19, businesses increasingly view logistics visibility not as a convenience, but as a core management risk affecting cost, quality, and resilience. Willog addresses this by turning fragmented supply chain events into actionable data, reducing loss and strengthening accountability.

Advancing Supply Chain Intelligence via AI-Native Decision Making
Willog will use the funding to advance its Predictive AI capabilities. The company is developing features that simulate risks under specific weather and route conditions and recommend optimal packaging and transportation options. By combining real-time condition data with operational context, Willog is building an AI-native framework that supports everything from onsite responses to strategic supply chain decisions.

Turning Real-Time Data into Automation and Action
Through proprietary IoT sensors and AI-powered analysis, Willog collects data on temperature, humidity, shock, tilt, and light. This data powers a five-stage intelligence framework:

Visibility
Precision Diagnosis and Alerts
Real-Time Action
Data-Driven Supply Chain Improvement
AI Risk Prediction

Unlike solutions that only monitor shipments in transit, Willog connects warehouse, trucking, ocean, and air logistics on a single data foundation. By developing hardware and software in-house, Willog delivers domain-specific solutions that help customers automate workflows and improve quality control.

Trusted by Global Enterprises
Willog is trusted by over 200 global enterprise customers and has built traction in mission-critical sectors like defense logistics. In 2025, the company received the Presidential Award in Korea and is now expanding its presence in the United States, Singapore, and Japan.

"Logistics remains one of the last industries heavily dependent on manual experience," said Daniel Yun, CEO of Willog. "We are turning invisible events into intelligence and action. This investment allows us to redefine how logistics is managed and scale our vision of supply chain intelligence globally."

Michigan Language Assessment to host symposium on US nursing shortage

PR Newswire — Fri, 08 May 2026 14:27:55 +0700

ANN ARBOR, Mich., May 8, 2026 /PRNewswire/ -- Michigan Language Assessment will host a free, two-day symposium, Global Solutions to the U.S. Nursing Shortage: Policy, Recruitment, and Collaboration, on May 13–14, 2026, bringing together policymakers, state licensing and education authorities, healthcare employers, recruitment agencies, credential evaluation and processing organizations, professional organizations, and a global audience to address an important workforce challenge facing the United States.

The virtual, two-day event will explore strategies for strengthening the U.S. nursing workforce through global collaboration, with a focus on internationally trained nurses and the systems that support their transition into the U.S. healthcare environment.

More than 24 expert panelists from 18 organizations—including government agencies, state Boards of Nursing, healthcare systems, international recruitment partners, and education providers—will share insights on improving nurse recruitment, credentialing, and workforce integration.

Sessions will cover key topics such as:

U.S. nursing shortage trends and workforce policy updates
Pathways to U.S. nursing licensure for internationally educated nurses
Ethical nurse recruitment and global mobility
Licensing, credentialing, and immigration bottlenecks
State-level workforce needs and shortage areas
English language proficiency for healthcare professionals
Employer strategies for nurse onboarding, integration, and retention

"As the demand for qualified nurses continues to grow, it is critical that we work across sectors and borders to develop sustainable solutions and identify practical pathways needed to strengthen the U.S. healthcare workforce and patient care in meaningful ways," said Dr. Fernando Fleurquin, special advisor, government relations and education at Michigan Language Assessment.

The symposium is open to a global audience and is relevant for federal and state government authorities, healthcare employers, policymakers, educators, recruiters, and internationally trained nurses seeking to better understand and navigate the U.S. healthcare landscape.

Registration is free and open to the public; advance registration is required. For more information and to register, visit:

https://michiganassessment.org/global-solutions-to-the-u-s-nursing-shortage-michigan-language-assessment-symposium-may-2026/

APR reports record Q1 2026 revenue and operating profit growth

PR Newswire — Fri, 08 May 2026 11:34:32 +0700

SEOUL, South Korea, May 8, 2026 /PRNewswire/ -- APR Co., Ltd. (APR, or "the company"), a leading global beauty company, today announced its preliminary consolidated financial results for the first quarter ended March 31, 2026. The company achieved record-breaking quarterly performance, driven by aggressive global expansion and robust growth across all core business units.

For the first quarter, APR reported revenue of KRW 593.4 billion and an operating profit of KRW 152.3 billion. These figures represent a significant year-on-year increase of 123.0% and 173.7%, respectively.

Global Strategy Drives Revenue Growth

This milestone is primarily attributed to the successful execution of APR's global-centric strategy. In Q1 2026, overseas revenue grew 180% YoY to KRW 528.1 billion, representing nearly 90% of the company's total revenue.

The U.S. market performed particularly well, with revenue surging 250.8% YoY to KRW 248.5 billion. To capitalize on this momentum, APR plans to expand its offline footprint in the U.S. by entering several major retail channels sequentially starting in the second quarter.

Growth also accelerated across other key regions. Revenue in Japan more than doubled (up 100.8% YoY), bolstered by a successful omnichannel approach, combining offline distribution expansion with strong top-line results on major e-commerce platforms including Qoo10 and Rakuten.

In Europe, APR strengthened its presence through the successful launch of Medicube, its flagship brand, in Sephora's online and offline channels across 17 countries. Furthermore, the company secured a strategic partnership with Nykaa, India's largest beauty and lifestyle platform, to penetrate the emerging Indian market.

Sustained Performance in Cosmetics and Beauty Devices

The Cosmetics Division led the growth, posting quarterly revenue of KRW 452.6 billion, a 174.3% increase YoY. This achievement was anchored by strong global demand for the company's iconic skincare lines, including the Medicube PDRN and Toner Pad series.

During the Amazon.com 'Big Spring Sale' in March, 10 Medicube products secured rankings within the top 100 in the Beauty & Personal Care category, underscoring strong consumer brand loyalty.

The Beauty Device Division also reached a historic quarterly high, reporting revenue of KRW 132.7 billion (+46.0% YoY).

Outlook

Looking ahead, APR aims to solidify its global leadership by further diversifying sales channels and enhancing its product portfolio. The company remains committed to accelerating its entry into new markets and strengthening its position as a pioneer in the global beauty industry.

Chance Pharma drug application accepted by NMPA for respiratory treatment CXG87

PR Newswire — Fri, 08 May 2026 11:15:24 +0700

HANGZHOU, China, May 8, 2026 /PRNewswire/ -- Chance Pharmaceuticals ("Chance" or "Chance Pharma"), a clinical-stage biotechnology company dedicated to the research and development of innovative inhalation therapies, today announced that the Center for Drug Evaluation of China's National Medical Products Administration (NMPA) has accepted the new drug application (NDA) for CXG87 (Budesonide and Formoterol Fumarate Powder for Inhalation (IV), hard capsule) . This marks the first NDA submitted by Chance Pharma and represents a significant milestone on the company's path towards product commercialization.

CXG87 is a Class 2.2 innovative drug, an improved formulation of budesonide/formoterol powder, independently developed by Chance Pharma for the treatment of respiratory diseases such as asthma. The company has completed a multicenter, randomized, blinded, positive-controlled Phase III clinical trial (www.chinadrugtrials.org.cn identifier: CTR20250298). The study was designed to evaluate the clinical efficacy and safety of CXG87 in adult patients with bronchial asthma and has achieved positive results.

Phase III clinical trial data showed that CXG87 met its primary endpoint of non-inferiority after 42 days of treatment, compared to the active control, Symbicort® Turbuhaler®. Patients achieved clear improvements in lung function, and favorable trends were observed in both asthma symptom relief and reduction in the frequency of asthma exacerbations. The overall safety profile of CXG87 was comparable to that of Symbicort® Turbuhaler®. Notably, subgroup analysis in asthma patients with relatively weak inspiratory capacity revealed that CXG87 is suitable for a broader range of inspiratory flow rates, potentially covering a wider asthma patient population. Given these clinical advantages, CXG87 is expected to become an ideal treatment option for patients with asthma.

Dr. Donghao Chen, Founder and CEO of Chance Pharma, commented: "As the first product developed on our unique VFC platform, the acceptance of NDA for CXG87 by NMPA marks an important milestone, validating the scientific robustness of our VFC platform and the sustained efforts of the Chance team in developing innovative inhaled drug delivery solutions. Through the optimized engineering of a classic inhaled product, CXG87 significantly reduces the impact of inspiratory flow dependence while improving usability and dosing stability. If approved, CXG87 is expected to help asthma patients achieve better disease control and an enhanced treatment experience — particularly those with airflow limitations, such as low inspiratory flow rate or reduced lung capacity."

Dr. Lan Chen, Co-founder and Head of R&D at Chance Pharma, commented: "We were privileged to be able to further refine and enhance a well-established inhaled product, Symbicort® Turbuhaler®, and are pleased to report positive top-line results from the Phase III clinical trial of CXG87. CXG87 demonstrated advantages across multiple clinically meaningful endpoints, including lung function, overall asthma control, quality of life, and treatment satisfaction. The findings from the Phase III study are consistent with data from pharmaceutical in vitro studies as well as Phase I clinical trials, building a compelling body of evidence to demonstrate the enhanced clinical profile of CXG87. We look forward to making CXG87 available to asthma patients as soon as possible, offering them a superior therapeutic option."

For more information, please visit www.chancepharmaceuticals.com.