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Linklogis Releases 2025 Interim Results, Accelerating Global Digital Asset and Stablecoin Deployment

SHENZHEN, CHINA – Media OutReach Neswire – 26 August 2025 – On August 26, 2025, Linklogis Inc. (09959.HK, “Linklogis”) released its interim results. In the first half of 2025, the total transaction volume processed by its technology solutions reached RMB 203.6 billion. The total revenue and income amounted to RMB 374.5 million. The number of anchor enterprise and financial institution customers for its supply chain finance technology solutions increased by 244, bringing the total to 1,352, up 22% compared with 2024. Cumulatively, Linklogis has empowered over 380,000 SMEs to access digital, inclusive fintech services. In the first half of 2025, the company remained firmly focused on its core business strategy, accelerated transformation and upgrading, and advanced organizational streamlining, which lowered operating expenses. Linklogis continually improved operational efficiency and enhanced cash flow, with cash reserves reaching RMB 5.4 billion, an increase of RMB 300 million from the balance as of December 31, 2024. Furthermore, Linklogis fully launched its global trade finance digital asset strategy in the first half of 2025. The company introduced its innovative “Stablecoin+” initiative centered on the Digital Trade Token (DTT) and Asset-Backed Token (ABT), laying a forward-looking foundation for global supply chain finance applications and scenarios based on compliant stablecoins. At the same time, reflecting the Board and management’s confidence in the company’s ability to deliver steady growth around its core strategies of “AI + industrial finance” and digital assets, Linklogis commits to a share repurchase of no less than USD 80 million over the next 12 months. Multi-tier Transfer Cloud Becomes the Main Growth Engine, Accelerating Business Model Transformation and Upgrade Amid global macroeconomic fluctuations and ongoing industry adjustments, Linklogis accelerated its business model transformation, continually improving operational efficiency and enhancing cash flow in the first half of 2025, thereby achieving steady and quality-oriented development. During this period, the total transaction volume of supply chain assets processed by its technology solutions reached RMB 203.6 billion. Linklogis supply chain fintech solutions include Anchor Cloud, which comprises the Multi-tier Transfer Cloud and AMS Cloud, and FI Cloud, which comprises ABS Cloud and eChain Cloud. As the core segment of the company, the Multi-tier Transfer Cloud demonstrated strong performance, processing a total volume of supply chain assets amounting to RMB 133.2 billion, a year-on-year increase of 54%. In the FI Cloud segment, Linklogis innovative receivables financing solutions for anchor enterprises deepened penetration among major infrastructure customers and expanded into emerging sectors like renewable energy in the first half of the year. In the ABS Cloud segment, the total volume of supply chain assets it processed reached RMB 9.6 billion, representing a sharp increase from the prior year. At the same time, the company concentrated on digital intelligence transformation solutions for financial institutions, strategically downscaling its low-margin business. During this period, the total volume of supply chain assets processed by eChain Cloud was RMB 26 billion. Linklogis continued to acquire a broad and diverse range of business partners and gradually implemented innovative “de-anchored” scenario solutions on a larger scale. The company has assisted Yunnan Construction and Investment Holding Group, China Railway 25th Bureau Group Corporation Limited, Luzhou Laojiao, Shandong Xingang Group and others in offering financing product solutions without clear debtor’s acknowledgment, which included purchase order financing and receivables e-loan, continuously optimizing its product portfolio. In the first half of 2025, the number of anchor enterprise and financial institution customers for Linklogis supply chain finance technology solutions rose by 244 to reach a total of 1,352, an increase of 22% from 2024. The overall customer retention rate hit 99%, up from 96% in 2024. “AI + Industrial Finance“ as Dual Growth Drivers, Strategic M&A Expanding Product Matrix As a leader and pioneer in the supply chain finance technology sector, Linklogis has continued to deploy and make strides in cutting-edge fields such as artificial intelligence and blockchain. The goal is to enhance efficiency and reshape the value system across the entire supply chain through technological innovation, supporting a high-quality inclusive finance system. In the realm of AI, Linklogis has built a comprehensive full-stack technology matrix centered on supply chain finance. By integrating leading domestic large language models (LLMs) such as DeepSeek and Qwen with its own proprietary knowledge graph and multi-dimensional data, the company has accelerated the upgrade of its vertical model, LDP-GPT, while efficiently integrating and deploying its AI capabilities. In the first half of 2025, Beelink AI, based on Linklogis LDP-GPT model, has refined several core capabilities, with significant upgrades to two core applications: intelligent trade documents checking and intelligent registration. These enhancements have been deployed as SaaS or on-premises solutions in over 30 anchor enterprises and financial institutions, including Standard Chartered Bank, assisting them in achieving high-quality digital transformation. In terms of scenario expansion, Linklogis completed the strategic acquisition of Bytter Technology Co., Ltd. (“Bytter Technology”), broadening its product and service matrix and improving operating efficiency to support long-term, steady growth. Bytter’s comprehensive industry-finance treasury matrix provides full-scenario solutions that support the digital transformation of its enterprise customers’ industry-finance platforms. The treasury management solution is built on a layered architecture, underpinned by advanced technologies including cloud computing, big data, and artificial intelligence, providing enterprises with a solid foundation for treasury management. Looking ahead, the company will continue to advance more strategic mergers and acquisitions to cultivate diversified growth drivers. Enhancing Global Supply Chain Finance Deployment, Driving Sustainable Value Creation In the first half of 2025, Linklogis advanced its international expansion, continuing its dual-engine strategy of “Go Early” and “Go Deep”. Cross-border Cloud and international businesses delivered solid performance, with Cross-border Cloud achieving double-digit growth in both asset volume and revenue. “Go Early” focuses on building a platform-based ecosystem around four key scenarios: cross-border trade, cross-border e-commerce, overseas business travel, and cross-border logistics. By aggregating resources from 12 high-quality platforms, including Infor, Amazon and Shopee, Linklogis has successfully assisted more than 1,100 SMEs in accessing one-stop digital financing services. “Go Deep” emphasizes in-depth, scenario-based services, aiming to create a comprehensive smart supply chain financing system for Chinese outbound

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ZJLD Group Announces Interim Results for FY2025

Forging Resilience Amid Industry Headwinds, Driving High-Quality Transformation Through Innovation and Cultural Stewardship HONG KONG SAR – Media OutReach Neswire – 26 August 2025 – ZJLD Group Inc. (“ZJLD” or the “Company”, together with the Company’s subsidiaries, collectively the “Group”) (SEHK stock code: 06979. HK), an outstanding representative in the Chinese baijiu industry and the first baijiu company listed in Hong Kong Stock Exchange, is pleased to announce its interim results for the six months ended 30 June 2025 (“FY 2025 1H” or the “Period”). Despite persistent macroeconomic pressures and weak consumer demand across the baijiu sector, the Group remained steadfast in its commitment to high-quality development. Through strategic channel innovation and accelerated digital transformation, ZJLD Group has reinforced its operational resilience and laid the foundation for sustainable long-term growth. The key financial and business highlights are as follows: FY 2025 1H (for the six months ended June 30, 2025) (RMB’000) FY 2024 1H (for the six months ended June 30, 2024) (RMB’000) Changed by Revenue 2,497,106 4,133,191 -39.6% Gross profit 1,474,284 2,428,682 -39.3% Gross profit margin 59.0% 58.8% +0.2 percentage points Net cash generated from/(used in) operating activities (322,274) 574,886 -156.1% Adjusted net profit (non-IFRS measure) 613,202 1,018,123 -39.8% Adjusted net profit margin (non-IFRS measure) 24.6% 24.6% — During the Period, the Group recorded revenue of RMB 2,497.1 million, representing a year-on-year decline of 39.6%. Gross profit decreased by 39.3% to RMB 1,474.3 million. Notably, gross margin edged up to 59.0%. Adjusted net profit amounted to RMB 613.2 million, down 39.8% year-on-year, in line with the revenue trajectory. The baijiu industry continues to grapple with structural challenges, including deteriorating channel pricing systems, compressed distributor margins, mounting financial pressure across the value chain, and sluggish terminal sales. Since Q2 2024, consumer demand has softened significantly, with notable declines in business banquets, gifting occasions, and other offline consumption scenarios. All four of the Group’s core brands experienced various degrees of revenue contraction. Flagship brand Zhenjiu, the Group’s primary growth engine, saw revenue fall 44.8% to RMB 1,491.7 million (FY 2024 1H: RMB 2,702.2 million), as the Group proactively managed channel inventory and strictly controlled sales pacing to safeguard long-term sustainability. The Board of Directors does not recommend the declaration of an interim dividend for the six months ended 30 June 2025 (FY 2024 1H: nil). Strategic Response: Anchored by the “Premier Retailers Alliance” Model, Driving Channel Innovation and Digital Transformation Against the backdrop of profound market recalibration and rapidly evolving consumer behavior, the Group has positioned the “Premier Retailers Alliance” model as its central strategic framework—driving simultaneous advancement in channel innovation and digital transformation. This dual-pronged approach reshapes brand accessibility and operational efficiency, while fortifying a more resilient market response system. Far more than a vehicle for channel integration, the “Premier Retailers Alliance” model serves as a strategic nexus for deep collaboration, co-creation, and shared value between the Group and its nationwide distributor network. The Group has dismantled traditional tiered distribution structures through this alliance mechanism, enabling streamlined resource allocation, transparent information exchange, and synchronized interest alignment. These enhancements have significantly accelerated channel responsiveness and strengthened control at the terminal level. Alliance members are no longer mere conduits of product delivery; they are empowered co-architects of brand equity and frontline executors of market strategy. Together, they form a multidimensional, interconnected channel ecosystem characterized by vertical synergy and horizontal coordination. Building on this foundation, the Group is advancing its digital transformation to achieve full-chain data integration—from production and distribution to end-consumer engagement. Through intelligent base liquor management, precision allocation and delivery, real-time sales monitoring, and consumer behavior analytics, the Group has significantly enhanced supply chain efficiency while equipping brand strategy with timely insights and data-driven decision support. Upgrades to the CRM system and membership operations framework have enabled more granular audience segmentation and personalized communication, strengthened user engagement and driven higher repurchase rates. Importantly, the Premier Retailers Alliance also serves as a strategic launchpad for key brand initiatives, including the cultural flagship “Da Zhen” (also known as Zhen * 2020 Real Vintage Baijiu), the innovative “News Craft Beer”, and the Group’s heritage ambassador program. Whether deepening the cultural narrative of premium baijiu or expanding the experiential reach of emerging categories, the Group leverages the Alliance mechanism to enable rapid market deployment and targeted promotion—achieving a synergistic fusion of cultural storytelling, channel innovation, and technological empowerment. Overall, the “Premier Retailers Alliance” model is the starting point of the Group’s channel reform and a central pillar supporting brand elevation and organizational resilience. Looking ahead, the Group will continue to position the Alliance at the heart of its strategy—deepening collaborative mechanisms, expanding digital capabilities, and shaping a more penetrative and sustainable competitive landscape. Product and Brand Strategy: Dual Growth Engines of “Da Zhen” and “News Craft Beer”, Enriched by Cultural Ambassadorship Amid structural shifts in the baijiu landscape, the Group has identified “Da Zhen” and “News Craft Beer” as dual strategic anchors to upgrade the product matrix and extend brand reach. This forward-looking approach reflects the Group’s dynamic market positioning and revitalized brand energy. As the flagship of the Group’s premiumization journey, “Da Zhen” embodies cultural heritage and uncompromising quality standards. Featuring a minimalist clear-bottle design, the packaging is adorned with the handwritten character “珍” (Pronunciation: Zhen) by Ming Dynasty master Shen Zhou, wrapped in heritage Xuan paper. This harmonious blend of classical artistry and modern aesthetics not only enhances perceived brand value but also reinforces the Group’s competitive edge in the high-end baijiu segment. The “Da Zhen” launch marks a deeper strategic push into the sub-premium baijiu category, infusing the brand image with gravitas and prestige. In parallel, “News Craft Beer” represents the Group’s bold foray into emerging categories through active exploration and innovative breakthroughs. Based on craft brewing techniques, the series integrates youthful design sensibilities and social appeal, successfully entering the craft beer market and expanding consumption scenarios, including gatherings, leisure, and festive occasions. Beyond reducing regulatory sensitivity associated with the category, “News Craft Beer” carries an uplifting brand ethos that resonates

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Shopee House Welcomes Affiliates from All Channels for the First Time Ahead of 9.9 Super Shopping Day

Strengthening its ecosystem, Shopee connects affiliates and brands to help shoppers enjoy Lagi Murah and Lagi Cepat deals. KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 26 August 2025 – For the first time Shopee’s flagship event, Shopee House, welcomed affiliates from every channel, including Shopee Live, Shopee Video, and YouTube Shopping, at its headquarters in Kuala Lumpur last weekend. The two-day activation brought together 500 top-performing affiliates who were matched with over 70 local favourite brands to connect, collaborate, and create content, empowering Malaysians to shop Lagi Murah and Lagi Cepat ahead of Merdeka and the 9.9 Sale. Affiliates wave the Malaysian national flag at Shopee House. Demonstrating the impact of these collaborations, livestream affiliates are set to host over 1,050 livestreams featuring participating brands leading up to 9.9. These sessions will include product demos, interactive Q&As, and real-time promotions to drive awareness and excitement for brands like Ozel and BigPlus. Marking their third participation in Shopee House, Ozel, a jewellery brand from Kelantan with an established presence across Southeast Asia, shared their positive experience. “Through Shopee House, we were able to connect with a loyal customer-turned-affiliate who not only knew our products very well, but believed in them too. In fact, one of our affiliates achieved RM30,000 in sales just last month. This shows that when customers truly connect with a brand, they don’t just buy from it; they grow with it, building trust and creating long-term success together.” commented Ozel. Meanwhile, BigPlus, a Malaysian brand specialising in cleaning products and solutions, made its Shopee House debut. The brand cited, “Our experience at Shopee House was truly amazing, it gave us the chance to connect with a diverse group of affiliates, share product knowledge, and exchange valuable perspectives. We’re especially grateful to have engaged with over 400 affiliates who registered with us during the event, and look forward to continuing this collaboration.” Shopee also organised roundtable sessions with key affiliates during the event, in line with the brand’s commitment towards inclusivity and supporting local content creators. Nur Afifah binti Rosli shared her experience as an affiliate during the roundtable. “Shopee has given me the space, tools, and support to grow from a part-time affiliate into a full-time content creator. Along the way, I’ve learned how to create content that resonates better with my audience, build stronger connections in the community, and at the same time, support local brands by bringing their products closer to Malaysians.” YouTube affiliate Lex said during the roundtable, “It means a lot to have a platform like Shopee that listens to our feedback. Being part of this dialogue makes me feel valued, and I’m grateful to contribute towards shaping a better space that will empower future affiliates to grow with even more opportunities.” “As 9.9 Super Shopping Day draws near, Shopee House highlights our dedication to enhancing the online shopping journey for Malaysians,” said Tan Ming Kit, Head of Marketing at Shopee Malaysia. “By successfully matching 500 affiliates to more than 70 brands, we continue to bring non-stop deals directly to buyers. This ensures Malaysians can continue to enjoy Lagi Murah deals and Lagi Cepat delivery with the products they love, all while shopping with greater trust, satisfaction, and convenience.” Starting from 26 August 2025, join Jojo Ghazali and other content creators as they celebrate 9.9 Super Shopping Day where Malaysians can enjoy exciting offers, such as 50% Off Daily Lagi Murah deals, Free Shipping with no minimum spend, and Shopee Lagi Cepat Guaranteed Next-Day Delivery.Hashtag: #Shopee #ShopeeRaiLokal The issuer is solely responsible for the content of this announcement. Shopee Shopee is the leading e-commerce platform in Southeast Asia & Taiwan. Shopee promotes an inclusive and sustainable digital ecosystem by enabling businesses to digitalise and grow their online presence, helping more people access and benefit from digital services, and uplifting local communities. Shopee offers an easy, secure, and engaging experience that is enjoyed by millions of people daily. Shopee is also a key contributor to the region’s digital economy with a firm commitment to helping homegrown brands and entrepreneurs succeed in e-commerce. Shopee is part of Sea Limited (NYSE: SE), a leading global consumer internet company. Sea’s mission is to better the lives of consumers and small businesses with technology through its three core businesses: Shopee, Garena and Monee.

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Asian Agri Signs Agreement to Supply Renewable Energy to PLN in North Sumatra

SINGAPORE – Media OutReach Newswire – 26 August 2025 – Asian Agri, through its business unit PT Indo Sepadan Jaya (PT ISJ), has signed a Commercial Operation Date (COD) agreement with PT PLN (Persero) North Sumatra Distribution Unit (PT PLN North Sumatra) to begin supplying electricity from its biogas power plant (PLTBg) to PLN’s distribution network in North Sumatra. The signing took place at Asian Agri’s headquarters in Uniland, Medan, North Sumatra. The agreement was signed by PT ISJ Authorised Representative Sulaiman Halim and PT PLN North Sumatra General Manager Ahmad Syauki, and was witnessed by senior management from both companies. In his remarks, Asian Agri Managing Director Sumith Fernando said the collaboration between Asian Agri, a member of the Royal Golden Eagle (RGE) group of companies founded by Sukanto Tanoto, and PT PLN North Sumatra is testament that partnerships between the private sector and public service providers can not only deliver clean-energy solutions but also create a broad impact on communities. “Through this facility, we are not only converting waste into electricity, but are also supporting energy resilience and local decarbonisation efforts,” he said. The PLTBg facility at PT ISJ has a surplus of methane gas that had not been fully utilised. After technical and feasibility studies, Asian Agri allocated the excess gas to a gas‐fuelled generator to produce an additional one megawatt of electricity. That power will be supplied to PT PLN Sumatra Utara under a three-year power purchase agreement. The clean electricity generated from this facility will be supplied to PT PLN North Sumatra’s grid in the Rantau Prapat area, strengthening the distribution system and improving the reliability of power supply for surrounding communities. General Manager of PT PLN North Sumatra, Ahmad Syauki, welcomed the initiative. He explained that the power plant is favoured by PLN, as its presence will increase the percentage of power generated from clean energy sources. “The biogas power plant will contribute to the mix of environmentally friendly energy in North Sumatra,” Syauki said. “PLN also favours this type of plant because it can be controlled to enter the system according to demand.” Syauki said he hopes that, after signing of the agreement, more power plants with clean-energy mixes will come online, in line with the master plan outlined in the 2025-2034 RUPTL. This partnership underscores Asian Agri’s commitment to sustainability through its AA2030 vision, particularly the Climate Positive pillar. The company aims to optimise methane-capture technology across all palm-oil mills to curb greenhouse-gas emissions and reduce reliance on fossil fuels. Through the use of appropriate technology and cross-sector collaboration, Asian Agri continues to strengthen its commitment to driving the transformation of the palm oil industry toward a more responsible, low-carbon future. Hashtag: #RGE #AsianAgri #Indonesia #sustainability #RenewableEnergy #Decarbonisation https://www.asianagri.com The issuer is solely responsible for the content of this announcement. About Asian Agri Founded in 1979, Asian Agri is one of Indonesia’s foremost companies in crude palm oil production, managing over 100,000 hectares of oil palm plantations and employing over 20,000 people. As a pioneer of the Indonesian Government’s Smallholder Transmigration Core Plantation Programme (PIR-Trans), Asian Agri has partnered with 30,000 scheme smallholders in Riau and Jambi, who collectively manage 60,000 hectares of oil palm plantations. The company also fosters partnerships with independent smallholders to enhance their welfare and drive socio-economic growth. Committed to sustainable practices, Asian Agri upholds a zero-burning policy and implements plantation best management practices to help smallholders boost productivity, increase crop yields, and improve supply chain traceability while supporting their journey towards certification. Asian Agri’s mills leveraged advanced technology and self-generated green energy to minimise greenhouse gas emissions. Asian Agri’s plantations, as along with their scheme smallholder plantations, are full Roundtable on Sustainable Palm Oil (RSPO) and International Sustainability & Carbon Certification (ISCC) certified, underscoring the company’s commitment to responsible and sustainable palm oil production. Please visit Asian Agri’s website for more information.

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KPMG China launches its ‘Our Impact Plan’ ESG report, marking five years of in-depth implementation

HONG KONG SAR – Media OutReach Newswire – 26 August 2025 – As climate change accelerates, humanity is facing a greater number of extreme weather events and environmental challenges. In this context, strengthening behavioural management related to climate change has become a central issue of our time. From countries advancing ‘dual carbon’ goals to international carbon trading markets, more organisations are turning their attention to their environmental performance. Green transformation has become a fundamental requirement for high-quality development, with ESG (environmental, social and governance) serving as a crucial guide for this transition. How can enterprises anchor ESG values to drive sustainable economic and social transformation? On 23 August, this question was explored at the launch of KPMG China’s ‘Our Impact Plan’ report, which was held outdoors for the first time on a lawn in the Futian District, Shenzhen. The event featured keynote speeches, roundtable discussions, and presentations of results, reflecting on KPMG China’s achievements in the ESG field over the past five years. It also brought together government, social organisations, enterprises, and partners to focus on ESG trends and discuss new paths for sustainable development. KPMG China continues to deepen its commitment to sustainable development Honson To, Chairman of KPMG Asia Pacific and China, said, “This year marks the 20th anniversary of the introduction of the ‘lucid waters and lush mountains are invaluable assets’ concept and the fifth anniversary of the ‘Our Impact Plan’. Hosting this event in the embrace of nature is highly significant. Looking back at our ESG reports over the past five years, we can see a clear reflection of how our environmental, social, and governance efforts have aligned with the country’s development. This publication not only summarises our steadfast commitments and investments in ESG but also reflects our determination to deepen ESG practices and empower clients and society in order to propel sustainable development.” Climate change is one of the core drivers of future economic development. Jacky Zou, Chairman-elect of KPMG China, said, “At the national level, the ‘dual carbon goals’ are driving new economic momentum and reshaping the country’s economic development landscape and ecosystems. For enterprises, a high-standard ESG management system is essential for achieving sustainable development and seizing economic transformation opportunities. KPMG China has released the ‘Our Impact Plan’ report for five consecutive years, aiming to set an example and accumulate more cases of ESG information disclosure that align with corporate needs, with a view to promoting the widespread implementation of ESG principles.” Strategic ESG actions, especially after the mandatory disclosure of future ESG reports, will deeply impact the business layout of companies. From the perspective of sustainable growth, enterprises need to develop a more comprehensive ESG action roadmap that focuses on the present while looking ahead to future milestones and promoting continuous action. Tracy Yang, Head of Corporate Affairs, KPMG China, emphasised, “As an organisation committed to sustainable development, KPMG China continuously explores feasible ESG solutions. We believe that true progress comes from aligning corporate responsibility and national vision through ESG strategies, creating lasting and profound impacts. Companies should not only focus on healthy growth but also leverage the development opportunities presented by national long-term goals to enhance leadership in sustainable business ecosystems.” The ‘Our Impact Plan’ report released by KPMG China marks a first for the firm by moving the launch event outdoors to a lawn in the Futian District of Shenzhen in the Guangdong-Hong Kong-Macao Greater Bay Area, conveying our strong commitment to sustainable development and showcasing the beautiful vision of coexistence and shared prosperity between humanity and nature. It also highlights the significant progress and outstanding achievements KPMG China has made across four pillars: Governance, People, Planet, and Prosperity. Wilson Pang, Head of Our Impact Plan, KPMG China, stated, “These four pillars complement each other and form the backbone of KPMG China’s ESG ethos. Through its governance principles, KPMG China has established a comprehensive ESG governance framework; and the firm’s people-centred approach highlights its core values. Meanwhile, our efforts to care for the planet reflect our deep commitment to environmental sustainability; and achieving prosperity is at the heart of KPMG China’s ESG mission, pushing us to deliver impactful outcomes.” Meeting quantified targets and co-constructing ecosystems During the launch of the ‘Our Impact Plan’ report, KPMG China provided a professional overview, showcasing the highlights and flagship projects of the programme, along with a retrospective of the firm’s five-year journey and future outlook. Wilson Pang emphasised that this year marks a significant milestone for KPMG China in promoting the programme, marking the firm’s evolution from a mere participant to a leader and initiator, and from academic practice to emphasising sustainable development, technological innovation, and the development of new quality productive forces. KPMG China has been recognised in the ‘2025 Typical Case in the Business Community to Conserve Biodiversity’ and the ‘2025 Corporate Green Transformation and ESG Practice Cases’, reflecting recognition of the firm’s efforts in biodiversity protection. KPMG China continues to collaborate with the Mangrove Conservation Foundation (MCF) to initiate the ‘Green Bay Area Pioneer Action – Habitat Enhancement of Futian Mangrove Ecological Park’ project, which was launched in September 2024. We also partnered with multiple organisations to jointly launch the Guangdong-Hong Kong-Macao Greater Bay Area ESG Biodiversity Corporate Recognition Award, with the goal of encouraging corporate participation in ecological protection. At the release of this year’s ‘Our Impact Plan’, KPMG China officially launched the China Biodiversity Recognition Award to promote the integration of environmental and ecological protection with technological innovation at both the national and regional levels. KPMG China has purchased 100% renewable electricity for four consecutive years, and KAMPUS (KPMG China’s Hongqiao office) has received LEED Platinum certification. Additionally, 90% of our office floor area is located in buildings with green and/or wellness-related certifications. We rolled out the new ‘Protect the Future – Action for the Planet’ (‘Protect the Future’) volunteer programme to encourage more employees to engage in volunteer service. Upholding one of KPMG’s values, ‘For Better – We do what matters,’ we continuously invest in our communities.

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Southern Thailand Pioneers ‘De-Stress Economy’ at Pakk Taii Design Week 2025

BANGKOK, THAILAND – Media OutReach Newswire – 26 August 2025 – In an era of polycrisis — from climate disruption and geopolitical instability to mounting mental and emotional strain — the very notion of ‘economic security’ is being redefined. For many, especially younger generations, prosperity is no longer measured by GDP or income alone. Instead, the focus is shifting toward quality of life in all its dimensions. This reflects a global trend, with WGSN reporting that 84% of people aged 16 – 24 are actively seeking spaces for genuine mental and emotional renewal. As a result, ‘happiness’ and ‘Gross Well-Being (GWB)’ are rapidly emerging as powerful new metrics for economic progress. From GDP to GWB (Gross Well-Being): Thailand’s Southern Region Is Piloting the “De-Stress Economy” Model for the First Time in Southeast Asia, Leveraging the Creative Potential of Its 14 Provinces. One region primed to lead this movement is Southern Thailand. Across its 14 provinces, the region combines breathtaking landscapes, rich cultural heritage, distinctive local identities, diverse ways of life, and strong infrastructure to form the foundation of a new prototype: the “De-Stress Economy.” This forward-looking model places happiness at its core, harnessing creative city design and high-quality tourism, along with products and services that restore both body and mind. Its success will be measured not only by economic value, but also by feelings of safety, comfort, hope, and joy. The Southern Region: A De-Stress Economy Sandbox The “De-Stress Economy,” a new economic model focused on well-being and emotional comfort, is set to be piloted for the first time in Southeast Asia at Pakk Taii Design Week 2025 (PTDW2025), Southern Thailand’s annual creative festival now in its third year. Organized by the Creative Economy Agency (Public Organization), or CEA, in collaboration with public and private partners, creative communities, and local stakeholders, the festival will take place from 28 August to 7 September 2025, across Songkhla Old Town and Hat Yai under the theme “South Paradise.” Far more than a creative showcase, PTDW2025 serves as a policy sandbox — a real-world testing ground for an economic model that puts well-being at the center. The goal is to establish a health and wellness economy that investors, entrepreneurs, and creatives across the region should not overlook. To drive this new model, CEA has launched two flagship initiatives: the ‘South Market,’ a prototype platform for wellness-driven products and services, and the ‘Hero Product Incubator,’ designed to cultivate creative entrepreneurs from across all 14 southern provinces and scale innovations aligned with the De-Stress Economy. A centerpiece of the festival will be the exhibition “South De-Stress,” which spotlights the region’s rich culture, local wisdom, architecture, and landscapes — positioning Southern Thailand as a source of distinctive, globally competitive, and sustainable business opportunities. Four Investment Opportunity Clusters in the Southern De-Stress Economy For this new model, the 14 southern provinces have been grouped into four clusters — Calm, Relax, Energize, and Worry-Free — based on their suitability for living, investment, and tourism. These clusters are aligned with an “Emotional Value Proposition,” designed to meet the holistic quality-of-life needs of the new generation of consumers. The opportunities span across areas like quality tourism, creative lifestyles, the wellness industry, and sustainable businesses. The potential of each cluster will be showcased through creative activities at PTDW2025, allowing participants to feel and explore how the happiness-driven economy can be realized in practice. (1) Moment of Calm — Nakhon Si Thammarat, Narathiwat, and Phang Nga — This cluster emphasizes wellness and spiritual retreat businesses that link faith, craftsmanship, and positive energy. Nakhon Si Thammarat: As a ‘City of Faith’ or ‘Hip & Holy’ rooted in centuries of culture and belief, the city is ideal for investments in Spiritual Wellness & Retreat, and contemporary crafts that deeply connect local wisdom with personal experiences. Highlights include the exhibition “5 Merits + 1 Faith“ and immersive performance art blending light, sound, and spirituality. Narathiwat: A ‘Multicultural Border City’ known for its exquisite koleh boat artistry, Narathiwat is primed for contemporary lifestyle products and the halal industry as a soft power driver. Discover “Ask Yourself to Narathiwat Beyond,” a forum to explore the art, identity, and daily life of the province, while the photography exhibition “DIALOGUE” Ask Yourself to Buildings, Rivers, Boats, Forests, Mountains, Sea, and Sky, presents fresh perspectives on Narathiwat through a lens that encourages reflection and critical inquiry. Phang Nga: As a ‘New Hub in the Andaman Wellness Economic Corridor,’ its landscape is perfect for Healing & Aura Economy businesses, including Medical & Wellness Tourism with spas, yoga, sound therapy, and herbal medicine. This potential will be demonstrated through an immersive experience. “Jaroen Arn Pharmacy” presents storytelling-based healing with the power of stories and reading combined with workshops in yoga, sound healing, etc. (2) The Art of Relaxing — Yala, Trang, Phatthalung, and Phuket — This cluster connects lifestyle, gastronomy, and fashion to cultural roots and new narratives. Yala: As the ‘Hub for Muslim Fashion,’ there is a fully integrated textile industry, ready to evolve into Malay-inspired fashion brands and fashion-tech products for the regional Muslim market. This potential will be showcased through “NAYU COUTURE,” a runway exhibition of contemporary Muslim fashion, complemented by talks and workshops designed to inspire the next generation. Trang: As a ‘City of Multicultural Food,’ it is primed for growth in gastronomy business and food & root branding that elevates local ingredients into global stories. The exhibition “Trang O-cha” presents visitors to savor the profound flavors and narratives of Trang’s cuisine. Phatthalung: ‘Strong in Local Agriculture under the BCG Model,’ particularly rice varieties, the province has the potential to develop health, beauty, and specialty food products under the “Rice and Growth” concept. The “Tam RICE – Tam-Hrai?” exhibition showcases rice as a cultural emblem and a driver of global opportunity. Phuket: ‘Evolving beyond Tourism into a Wellness MICE and Global Rehabilitation Space,’ Phuket caters to digital nomads and international retirees a world-class lifestyle. The festival will feature exhibitions and activities that prompt new questions about Phuket’s possibilities.

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JB Cocoa’s RM500mil Sukuk Rating Revised To Stable By MARC

KUALA LUMPUR, MARC Ratings has revised the outlook on JB Cocoa Sdn Bhd’s RM500 million Sukuk Wakalah to stable from negative, while affirming its rating at A+IS. The cocoa processor, a wholly owned subsidiary of Singapore-listed JB Foods Ltd, benefits from a corporate guarantee by its parent. MARC’s rating is anchored on JB Foods’ consolidated credit profile, reflecting the group’s close operational and financial integration. The improved outlook reflects JB Foods’ efforts to manage leverage amid elevated cocoa prices, which averaged around US$7,900 per tonne between 2024 and early 2025. Its debt-to-equity ratio eased to 0.99 times as of March 31, 2025, aided by stricter working capital management and reinforced by an RM85.9 million rights issue completed in May. MARC noted that prospects of improved cocoa production in Ivory Coast and Ghana could further ease working capital needs and leverage, though levels remain high. Despite cocoa prices averaging US$7,300 per tonne in July 2025, still far above the 10-year average of US$2,600, expectations of higher supply from the world’s top producers should help stabilise the market. JB Foods has also diversified sourcing to reduce reliance on these two countries. Its Malaysian and Indonesian grinding plants, with a combined capacity of 210,000 tonnes per year, were operating at around 79% and 77% utilisation, respectively, as of end-March 2025. A planned facility in Ivory Coast will add 30,000 tonnes by FY26, though expansion will be paced with demand. For FY25, operating cash flow swung to a positive RM629.9 million from a negative RM200 million in 2023, supported by tighter working capital discipline and stable processing margins. Borrowings declined to RM873.1 million from RM1.2 billion, with liquidity bolstered by RM180 million in unutilised sukuk credit lines and RM930.3 million in additional available facilities. MARC added that while shorter lead times could pose operational challenges, the shift towards smaller, more frequent customer orders should reduce inventory needs and reliance on debt.

Media OutReach

Citi Wealth Summer Interns Explore the GBA’s Thriving Fintech Development on a Field Trip to Shenzhen

Gaining Unparalleled Industry Insights to Shape the Future of Wealth Management HONG KONG SAR – Media OutReach Newswire – 26 August 2025 – Citi Hong Kong recently partnered with the FinTech Association of Hong Kong (FTAHK) and Shenzhen FinTech Association (SZFTA) to organize a specialized field trip to Shenzhen for its talented Wealth Summer Interns, providing participants with exposure to the dynamic and rapidly evolving fintech landscape in the Greater Bay Area (GBA). This initiative specifically aims to equip the future changemakers in wealth with critical insights into technological advancements shaping the industry. During the trip, the Wealth Summer Interns visited leading technology and professional services companies, including Tencent Cloud, Archforce Technology and Accenture Shenzhen Innovation Hub. These visits offered unparalleled cross-cultural exposure to industry leaders and fostered a broader understanding of emerging trends within the GBA. The Summer Interns gained firsthand insights into cutting-edge technologies and the companies’ business models and operations, deepening their understanding of Shenzhen’s fintech ecosystem. The trip also provided invaluable opportunities for networking through direct interaction with industry leaders, offering new perspectives and possibilities for future development. Vicky Kong, Head of Wealth, Asia North and Australia, Citi, said, “At Citi Wealth, we believe that investing in talent and cultivating tomorrow’s leaders is paramount to our success and long-term vision. We are glad to partner with the FinTech Association of Hong Kong and Shenzhen FinTech Association to offer such a meaningful field trip to our Wealth Summer Interns. We are shaping the future of wealth management by identifying and nurturing changemakers who are uniquely prepared to drive innovation and deliver unparalleled value to our clients. This ensures that Citi remains at the forefront of wealth management across Asia and beyond.” Lareina Wang, Chair, FinTech Association of Hong Kong, said, “FTAHK, as HK-GBA’s super-connector, is proud to link Citi to the region’s FinTech future via immersive experiences.” This year, Citi Hong Kong welcomed 76 Summer Interns, drawing top talent from across the region, including Hong Kong, Mainland China, South Korea and Singapore. The 10-week program provides the Summer Interns with an in-depth understanding of Citi’s business operations and strategy, while also broadening their global perspectives. The Summer Intern program is designed to cultivate future leaders in the banking industry through a holistic and engaging curriculum. Alongside their practical work in one of Citi’s key businesses or functions, the program offers our Wealth Summer Interns one-on-one mentorship and intensive training sessions, covering the latest wealth management trends, Citi’s comprehensive suite of services and solutions, as well as portfolio management knowledge and simulation. This immersive program ensures our interns are not just learning theory but actively engaging with the forces that will define the future of wealth management – from digital transformation to AI-driven insights. Click HERE to download the photos Photo 1 : Citi senior management and staff led a field trip to Shenzhen for Citi’s Wealth Summer Interns. Photo 2 : Citi’s Head of Wealth, Asia North and Australia, Vicky Kong supported the Shenzhen field trip for Citi’s Wealth Summer Interns. Photo 3 : Citi’s Wealth Summer Interns gained firsthand insights into the cutting-edge technologies and the region’s dynamic fintech ecosystem. Hashtag: #Citibank The issuer is solely responsible for the content of this announcement.

Media OutReach

SCG Unveils Groundbreaking DECAAR Façade System at ARCHIDEX 2025, Revolutionizing Architectural Design

Innovative extrusion technology transforms building façades with light-responsive design, marking a new era in architectural possibilities KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 26 August 2025 – SCG, a pioneering force in building materials innovation, made architectural history at ARCHIDEX 2025 with official launch DECAAR by SCG, a revolutionary façade system that redefines how buildings interact with natural light. The groundbreaking technology was unveiled at The 24th International Architecture, Interior Design & Building Exhibition, held at the Malaysia International Trade and Exhibition Center (MITEC) July 21-24, 2025. Under leadership of Mr.Chanon Sangkaew, Export Manager, SCG collaborated with AKUBIG X SURIWONG to present cutting-edge building solutions that combine aesthetic excellence with superior performance. The company’s participation was recognized with a Bronze Award in the Best Booth Design. DECAAR by SCG: Revolutionary Façade Technology Operating under the concept “Build to Catch the Light. Made to Move with Its,” DECAAR transforms static building surfaces into dynamic, light-responsive architectural elements using advanced extrusion technology. Three Innovative Product Lines: Modish V: V-shaped profiles that maximize light capture and shadow play, creating façades that perform from sunrise to sunset Modish U: Engineered with light as the primary design element, creating dramatic shadow effects while maintaining structural integrity C-Channel: Delivers precision and uniqueness to architectural works with clean lines and structural efficiency DECAAR’s advanced extrusion technology enables complex profiles previously impossible to manufacture, offering enhanced structural strength with lightweight properties, superior weather resistance, unprecedented design flexibility, and reduced installation time. Comprehensive Building Solutions Portfolio SCG Smartwood: Merging the natural warmth of wood with fiber cement strength, offering eco-friendly, low-maintenance Next-Generation SCG Smartboard ULTRA: The fiber cement board with three major improvements: 20% enhanced durability Advanced Anti-Mold Technology Eco Heart certification by EPD International, demonstrating environmental responsibility Premium Roofing Solutions: SCG Roman Tiles (Atap Gajah): Market-leading position in eco-friendly roof systems SCG Concrete Roof: Long-lasting color retention and superior structural strength SCG Ceramic Roof – EXCELLA: Innovation-driven roof tiles setting new quality standards Market Impact DECAAR launch at ARCHIDEX 2025 signals SCG’s transition from traditional building materials supplier to technology-driven architectural solutions provider, with numerous architects and contractors expressing immediate interest in innovative technology. Hashtag: #SCG The issuer is solely responsible for the content of this announcement. About SCG Leading manufacturer of innovative building materials committed to sustainable solutions and technological advancement. www.scgsmartliving.com Facebook: SCG Brand

Property

100% VAT Waiver On Homes Extended; Foreigners Eligible

JAKARTA, Indonesia has extended its full value-added tax (VAT) exemption on residential property purchases until the end of 2025 to help sustain household demand and support broader economic growth. The incentive, known as government-borne VAT (PPN DTP), was initially slated to be reduced to 50 percent in the second half of 2025. However, under Finance Ministry Regulation (PMK) No. 60/2025, enacted on Aug. 25, the government opted to maintain the 100 percent waiver for transactions made between July and December 2025. XYZ Livin Lippo Cikarang. Indonesia extended its full value-added tax (VAT) incentive on residential property purchases until the end of 2025, on Monday, Aug. 25, 2025. “To safeguard the momentum of Indonesia’s economic growth by stimulating household purchasing power in the housing sector, the VAT incentive for landed houses and apartment units will continue throughout 2025,” the regulation stated. The scheme grants a full VAT exemption on the portion of a property’s selling price up to Rp 2 billion ($122,000). Eligible purchases include landed houses or apartments priced at up to Rp 5 billion, but only one unit per individual buyer is allowed. Indonesian citizens must register with a tax ID (NPWP) or national identity number (NIK), while foreigners may also qualify if they hold a tax ID and meet property ownership requirements. Only new, unsold, and ready-to-occupy units are eligible, provided they are registered with the Public Works and Housing Ministry or the Housing Savings Management Agency (BP Tapera). The incentive does not apply if down payments were made before July 1, 2025, or if the property is handed over outside the July–December window. Buyers also risk losing eligibility if they purchase multiple units, resell within a year, or if developers fail to issue proper tax invoices and required reports. This regulation replaces PMK No. 13/2025, which had applied the full VAT exemption from January to June. The government has consistently used VAT relief for housing as a stimulus tool, citing the sector’s strong multiplier effects on construction, manufacturing, and household consumption.

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