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Rising AI-Driven Cyber Attacks and Geopolitical Tensions Shaping Asia Pacific Cyber Risk Landscape, Aon study

SINGAPORE – Media OutReach Newswire – 15 July 2025 – Aon plc (NYSE: AON), a leading global professional services firm, has released the Asia Pacific (APAC) findings from its 2025 Cyber Risk Report. The report underscores the increasing complexity of artificial intelligence (AI) driven cyber attacks and the prevalence of geopolitical tensions on cyber risks in the region. This report is based on Cyber Quotient Evaluation (CyQu) scores from 3,226 Aon clients in 2024 across APAC, EMEA, LATAM and North America, which analysed more than 1,400 global cyber events to identify trends in the evolving cyber threat landscape. The CyQu database benchmarks over 10,000 clients and has 20,000 client users. From these insights, the report signals that the APAC region is experiencing significant growth in cyber claims notifications, driven by the rising frequency and sophistication of cyber incidents. Geopolitical forces, such as trade tensions, territorial disputes and reconfigurations of the global supply chain, is shaping how APAC companies manage cyber risk. Key Findings: In the APAC region, cyber incident frequency rose 29 percent year-over-year and up 134 percent over the past four years (2020-2024). There was a 22 percent rise in cyber insurance claims notifications in 2024. The rise in AI-driven deepfake attacks resulted in a 53 percent increase in social engineering incidents year-over-year. Claims involving social engineering and fraud increased by 233 percent. Of the 1,414 global cyber events analysed, 56 developed into reputation risk events, which are defined as cyber incidents that attract significant public attention. Companies affected by these reputation risk events experienced an average shareholder value decline of 27 percent. Globally, malware and ransomware attacks were ranked most likely to trigger reputational damage, accounting for 60 percent of all reputation risk events, despite making up only 45 percent of total cyber incidents. “In 2025, global and regional geostrategic tensions remain a key driver of cyber risk for companies in APAC. This trend is likely to accelerate with nation-state-backed threat actors continuing to employ cyber campaigns to facilitate conflicts or instigate grey-zone operations for the purposes of economic coercion, corporate espionage, or to harm regional rivals by targeting strategically important economic infrastructure,” said Adam Peckman, head of risk consulting and cyber solutions in APAC and global head of cyber risk consulting at Aon. “As cyber threats grow more complex and interconnected, companies need a clearer view of their exposure, stronger alignment between cyber security and insurance strategies, and the tools to make better, data-driven decisions.” Aon’s 2025 Cyber Risk Report draws on proprietary data from the firm’s CyQu platform, a patented global e-submission tool that streamlines the cyber insurance intake process and empowers organisations with actionable insights into their cyber exposures and insurability, helping to strengthen both underwriting outcomes and cyber risk management strategies. The APAC insights from the Aon’s 2025 Cyber Risk Report can be found here. Hashtag: #Aon The issuer is solely responsible for the content of this announcement. About Aon Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that protect and grow their businesses. Follow Aon on LinkedIn, X, Facebook and Instagram. Stay up-to-date by visiting Aon’s newsroom and sign up for news alerts here. Disclaimer The information contained in this document is solely for information purposes, for general guidance only and is not intended to address the circumstances of any particular individual or entity. Although Aon endeavours to provide accurate and timely information and uses sources that it considers reliable, the firm does not warrant, represent or guarantee the accuracy, adequacy, completeness or fitness for any purpose of any content of this document and can accept no liability for any loss incurred in any way by any person who may rely on it. There can be no guarantee that the information contained in this document will remain accurate as on the date it is received or that it will continue to be accurate in the future. No individual or entity should make decisions or act based solely on the information contained herein without appropriate professional advice and targeted research.

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Datumstruct Enhances Singapore Experience Centre for Command Centre Technology

SINGAPORE – Media OutReach Newswire – 15 July 2025 – Datumstruct, a provider of critical facilities solutions across Asia, has announced the revamp of its Singapore experience centre (XC 2.0), located at 33 Changi South Ave 2, 486445 Singapore. The updated facility is set to open by late September or early October 2025, offering a comprehensive and hands-on showcase of the company’s integrated capabilities across Ergonomic Console Desking (Redecon), Control Centre Design & Build (CCDB), and Control Centre Technology Integration (CCTI). Integrated Showcase of Critical Facility Solutions Spanning 170 square metres, the Singapore experience centre will feature operational demonstrations of technologies typically deployed in command and control centre environments. Key components include a working control room video wall setup and product simulations that highlight the importance of ergonomics, particularly in 24/7 operational settings. Visitors will be able to explore the functionality of an ergonomic height-adjustable desk and other modular systems in real time. The experience centre will focus on three core areas of Datumstruct’s business: desking systems, command centre infrastructure, and integrated control room technology. All elements are designed to give end-users, partners, and consultants direct exposure to the full scope of solutions supporting modern security control rooms and mission-critical environments. By Appointment: Purpose-Built for Decision-Makers The revamped Singapore experience centre will be accessible by appointment only and is designed for professionals involved in planning, operating, or upgrading command centre environments. This includes engineers, project consultants, and end-users across various sectors, such as transportation, security, energy, and government. Visitors will be able to interact directly with key features, including a working simulation of a control room environment. This environment features an LED video wall, an AV Over IP controller with its video wall management solution, and environment control integration. “The experience centre allows us to engage clients in a practical setting and listen to feedback from the ground,” said a representative from Datumstruct. “This direct engagement helps us deliver solutions that go beyond customer expectations.” Strategic Investment in Technology Demonstration First established in January 2021, the experience centre has been updated to reflect the latest industry standards and technology applications. It remains the largest and most up-to-date command centre experience facility in Singapore. The company plans to continue expanding this concept regionally, with XC 2.0 slated for completion by the end of 2025. Datumstruct views the experience centre as a strategic asset in Singapore, aligning with its ongoing efforts as a trendsetter in control centre design and innovation. The revamp underscores the company’s continued commitment to advancing the planning, construction, and operation of critical facilities across Asia. For more updates on the experience centre and related initiatives, visit www.datumstruct-cfs.com. Hashtag: #Datumstruct https://datumstruct-cfs.com/ The issuer is solely responsible for the content of this announcement. About Datumstruct Established in 1999, Datumstruct is a trusted market leader in critical facilities, specialising in Ergonomic Console Desking (Redecon), Control Centre Design & Build (CCDB), and Control Centre Technology Integration (CCTI). The company provides end-to-end solutions for command and control environments, enabling clients to enhance productivity and achieve operational excellence. Datumstruct is headquartered in Singapore and is ISO 9001 certified. It maintains a strong regional presence through offices in Malaysia, Indonesia, Thailand, the Philippines, Myanmar, China, Shanghai, and Hong Kong.

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VinFast Advances Ecosystem Strategy in Philippines’ EV Catch-Up

MANILA, PHILIPPINES – Media OutReach Newswire – 15 July 2025 – With nearly 19,000 electric vehicles sold in 2024, the Philippines is looking to catch up in Southeast Asia’s EV race as ecosystem players like VinFast work to overcome hurdles around charging access, maintenance, and affordability. VinFast EV manufacturing complex in Hai Phong, Vietnam Emerging Asia’s electric vehicle market reached nearly 400,000 sales in 2024[1], but the gains were spread unevenly across the region. In Southeast Asia, Vietnam led the way with nearly 90,000 electric cars sold, accounting for 17.6 percent of the country’s car market.[2] Thailand followed closely with just over 70,000 new EVs, accounting for 13 percent of all car sales[3]. Indonesia recorded 49,200 EVs, representing over 7 percent of national sales.[4] The Philippines lags behind. Fewer than 19,000 electrified vehicles were sold in 2024, making up only around 4 percent of new car purchases.[5] Can the Philippines draft a catch-up strategy in Southeast Asia’s EV sprint? The short answer is yes, but it needs to work closely with all stakeholders, especially OEMs like VinFast, which is bringing a comprehensive ecosystem designed to address the major concerns of potential EV buyers. The ASEAN EV Race Regional competitors are deploying aggressive strategies to dominate the electric transition. Thailand offers big multi-year tax holidays and targets 30 percent domestic EV production by 2030. Indonesia leverages its world-leading nickel reserves to attract battery manufacturers. Vietnam is using homegrown VinFast as a launchpad into export markets. Manila isn’t standing still either, as the 2022 Electric Vehicle Industry Development Act (EVIDA) lays out a roadmap for EV adoption that includes reduced import tariffs, EV-only parking slots, and a requirement for 5 percent of large fleets to be electric. However, the policy offers few supply-side incentives, and so while EV sales have picked up in recent years, they still account for only a single-digit share of total car sales. The country’s oil dependency adds pressure. MUFG estimates that a 10-dollar increase per barrel in crude oil would widen the Philippines’ current-account deficit from roughly 3.5 percent to over 4.5 percent of GDP.[6] That is a full percentage-point increase, largely driven by fuel imports. The Philippines pledged to trim greenhouse-gas emissions by up to 75% by 2030 under the Paris Agreement. And EV is a big part of this[7]. But electrifying transportation means consumers need more affordable, serviceable zero-emission options. More than that, the government needs partners who can support the full ecosystem, including infrastructure, services, and education, not just the vehicles themselves. VinFast’s Whole-of-Ecosystem Approach VinFast vehicles are already on Philippine roads. In July 2024, the company opened its first three showrooms. Almost a year later, the OEM became a full member of CAMPI, giving it a seat at the local policy table alongside other traditional automotive brands. What’s notable about VinFast’s approach is its effort to build a comprehensive “For a Green Future” ecosystem. The company has partnered with local dealers to open more than 60 new showrooms by the end of the year. Collaborations with tire and maintenance chains like Goodyear and Tire King will extend after-sales service coverage, aiming for over 100 authorized service workshops across the Philippines by 2025. This tackles the “who fixes my EV, and where?” anxiety head-on. VinFast has also launched a free charging program alongside the debut of its VF 6 subcompact model. This initiative allows customers to charge for free at its dedicated network until May 1, 2027. The network, operated by V-GREEN, aims to roll out 15,000 charging ports across the country in 2025. VinFast’s strategy targets three major EV adoption barriers all at once. It eases range anxiety through accessible charging, tackles maintenance fears with a broad service network, and addresses upfront cost concerns through policies such as a buyback program that offers up to 90 percent of the vehicle’s original value. Even without building a local factory, VinFast’s ecosystem creates jobs in sales, repairs, software, and charging infrastructure. This supports Manila’s EVIDA goals, helps reduce urban pollution, and contributes to lowering oil dependence. Another hidden challenge to EV adoption and one VinFast aims to solve is lack of familiarity, which, according to some studies, is actually the largest barrier. One American study found that once drivers experience EVs firsthand, concerns about range, costs, and charging drop significantly[8]. To help bridge that gap, VinFast is working with various B2B partners and mobility service providers that are helping make electric vehicles more visible and accessible in everyday life, including Green GSM, the Philippines’ first all-electric taxi service, which recently launched on June 10, 2025. By interacting with Green GSM drivers, all of whom operate VinFast vehicles, everyday commuters are given a practical and low-barrier introduction to EVs. These conversations can help the public understand how EVs work, what they feel like to drive one, and why they might be worth considering. Eventually, that exposure could encourage more people to make the switch. In Southeast Asia’s e-mobility race, the Philippines may lack a domestic factory. Still, VinFast’s ecosystem-focused approach gives the country a real opportunity to catch up and perhaps even pull ahead. [1] https://www.iea.org/reports/global-ev-outlook-2025/trends-in-electric-car-markets-2 [2] https://e.vnexpress.net/news/business/data-speaks/auto-sales-rise-by-22-in-2024-4839351.html [3] Same as #1 [4] Same as #1 [5] https://business.inquirer.net/508320/ev-sales-in-ph-seen-hitting-20000-in-2025 [6] https://www.mufgresearch.com/fx/asia-the-impact-of-oil-price-shock-on-asia-fx-a-scenario-analysis-23-june-2025/ [7] https://www.reuters.com/business/environment/philippines-raises-carbon-emission-reduction-target-75-by-2030-2021-04-16/ [8] https://electrek.co/2024/09/06/the-greatest-barrier-to-ev-adoption-lack-of-familiarity/ Hashtag: #VinFast https://vinfastauto.id/ The issuer is solely responsible for the content of this announcement.

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Meey Group Hosts the ‘Proptech Capitalization Strategy Forum: Born in Vietnam – Build for the World’

Affirming Its Pioneering Role in Realising Vietnam’s National Digital Asset Policy Over 20 investment fund leaders and 20 top companies in attendance. Featuring partner ARC and senior Nasdaq representatives. Deep-dive sessions on capitalisation solutions and IPO roadmap for Vietnamese enterprises. Official signing of a comprehensive strategic cooperation between Meey Group and ARC HANOI, VIETNAM – Media OutReach Newswire – 15 July 2025 – Meey Group, Vietnam’s leading property technology company, organises ‘Proptech Capitalization Strategy Forum: Born in Vietnam, Build for the World’ at the InterContinental Hanoi Westlake. This event is not only expected to open a new chapter for Vietnam’s tech enterprises aiming for global IPOs but also considered as a strategic touchpoint between international capital markets and the domestic tech ecosystem, in alignment with the national digital transformation strategy. The ceremony for official signing of a comprehensive strategic cooperation agreement between Meey Group and ARC Group, July 14, 2025. Photo: Meey Group. To concretise of Vietnam’s National Digital Transformation Programme approved by the Prime Minister in Decision No. 749/QĐ-TTg dated June 3, 2020 and gradually build a legal corridor for digital assets according to Decision No. 1255/QĐ-TTg, the role of pioneering tech enterprises is more critical than ever. Particularly in real estate, a sector contributing for a large proportion of the economy, digitalisation and asset tokenisation are seen as vital tools to unlock capital flows, increase transparency and attract high-quality investment. Leading the trend and in harmony with national direction, Meey Group initiates this event to connect its digital asset technology platform with the global capital market, offering a scalable model for other Vietnamese tech firms. The event is expected to not only accelerate market upgrades and real estate recovery but also pave the way for Vietnam’s tech enterprises to step confidently onto the world stage. Speaking about the upcoming event, Hoàng Mai Chung, Chairman of Meey Group, said: “Our mission goes beyond building a successful tech enterprise, we aspire to contribute to the nation’s development in general. This forum is our effort to create a strategic ‘touchpoint’ between international capital and Vietnam’s tech ecosystem. “By bringing in the best of global standards, experience and investment, we contribute to uplift our economy’s competitiveness, promote transparency, and open a new chapter for the Vietnamese tech brand on the global map.” Expect to bring solutions, anticipate trends More than a traditional corporate gathering, the ‘Proptech Capitalization Strategy Forum’ organized by Meey Group is designed as a high-level, multidimensional dialogue platform. Amidst the ongoing Fourth Industrial Revolution that is reshaping all industries and the Government of Vietnam’s strong commitment to promoting national digital transformation, the ‘Proptech Capitalization Strategy Forum’ provides businesses with opportunities to anticipate capital flow shifts towards technology companies with solid foundations and global vision. In-depth panel discussions is facilitated by senior experts from the US stock exchange Nasdaq and global financial advisory firm ARC Group. Playing key roles in guiding technology capital markets and providing professional IPO advisory services, these two partners will directly analyse the challenges and share success formulas for Vietnamese proptech enterprises on their international listing journey. The agenda goes beyond finance, diving deep into essential topics such as corporate governance, transparency and ESG standards – factors increasingly valued by global institutional investors. Notably, the sessions explore how capital strategy aligns with digital asset transformation – a core competitive advantage aligned with the national digital economy orientation and helps Vietnamese enterprises achieve higher valuations in international markets. Gathering 20 Potential tech companies: advancing the ecosystem together What sets this forum apart is Meey Group’s initiative in building a shared playground. By convening 20 top Vietnamese tech companies with IPO aspirations, Meey Group affirms its leadership not only through its own journey but also through its commitment to elevating the entire Vietnamese tech ecosystem. This embodies the spirit of ‘Born in Vietnam’ – where the success of one enterprise becomes an inspiration and a lesson for the whole community. The direct networking session between these companies and international investment experts will unlock new possibilities for collaboration, knowledge exchange, and an important preparation step for the next generation of tech enterprise. Strategic cooperation official signing ceremony: concretise a well-planned voyage A highlight of the forum is the official signing of a comprehensive strategic cooperation agreement between Meey Group and ARC Group. Far from being the starting point, the event in Hanoi marks a critical milestone in a well-planned journey. While the March 2025 signing in Shanghai laid the foundation on global cooperation, this forum puts concrete strategies into motion through discussions and activate connections. The structured, phased approach demonstrates Meey Group’s long-term vision and commitment to global market integration, reinforcing trust among investors and international partners. Panel discussion between Nasdaq representatives and Meey Group: future orientation and IPO opportunities held the same afternoon at Meey Group’s headquarters Meey Group was honoured to host a special panel discussion with the participation of Nasdaq representative Hiren Krishnani, Investor relations and IPO director, at the group’s headquarters. The discussion focused on strategic topics regarding IPOs, post-listing corporate governance, and opportunities for ASEAN enterprises in accessing international capital markets. The panel discussion provided deep insights into the IPO process, development trends in global financial markets, and solutions to support enterprises in building and developing effective Investor Relations (IR) programs after listing. In particular, Hiren Krishnani shared experiences from advising over 50 successful IPOs, including major transactions such as the Grab” SPAC Combo and VinFast SPAC Combo, helping ASEAN enterprises better understand how to leverage opportunities from Nasdaq. Hiren Krishnani said: “Nasdaq always accompanies companies in the ASEAN region to bring them to the world, opening up new opportunities in international capital markets. Particularly, with thorough preparation and the right strategy, enterprises can succeed after listing and increase sustainable value.” The panel discussion was a valuable event for Vietnamese enterprises, especially Meey Group, to exchange and learn effective strategies for participating in international stock markets, while expanding relationships with potential investors from around the world. Meey Group: actively accompanying and actualising the

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Shenzhen hosts first promotion event for 2025 Global AI Machines and Electronics Expo

SHENZHEN, CHINA – Media OutReach Newswire – 14 July 2025 – The inaugural promotion event for the 2025 Global Artificial Intelligence Machines and Electronics Expo (AIE) was held in Shenzhen, a thriving innovation hub in South China, on Thursday. Shenzhen hosts first promotion event for 2025 Global AI Machines and Electronics Expo Over 100 representatives from government, industry, and international trade associations attended the event. The event introduced AIE to key enterprises in Shenzhen and the Guangdong-Hong Kong-Macao Greater Bay Area, unveiling significant support policies for exhibitors and fostering collaboration opportunities. Themed “Bay Area Intelligent Manufacturing, Global Sharing,” AIE matches the world’s top three branded exhibitions. It will showcase cutting-edge technologies, debut innovative products, and host global think tank experts and entrepreneurs to discuss future trends. Sun Bin, deputy director of the Guangdong Provincial Department of Commerce, emphasized the challenges Chinese enterprises face in overseas exhibitions due to complex global dynamics. He highlighted the urgent need for market expansion and order acquisition, noting AIE’s timely launch. Sun announced substantial subsidies — industry giants can receive up to 1,000 square meters of booth space (2.3 million yuan), and other leading firms up to 500 square meters (1.15 million yuan). Liu Ying, secretary-general of AIE organizing committee, provided a detailed overview of the expo. The AIE reflects the rise of China’s high-end manufacturing and the Greater Bay Area’s global tech prominence, with its innovation index ranking second worldwide for five consecutive years. Chai Zhengmao, director of Shenzhen’s Exhibition Industry Management Office, said the city will provide full support for local enterprises participating in the AIE. Shenzhen will collaborate with organizers to arrange production base tours and supply-demand matching activities, Chai added, urging enterprises to maximize their respective participation outcomes. During interactive discussions, the enterprise and trade association representatives expressed strong enthusiasm. They raised questions on buyer invitation precision, visa facilitation, exhibit customs clearance, booth application details, association involvement, and promotional coordination. Xie Jianhua, president of the U.S.-China E-Commerce Trade Association, praised the AIE as an opportunity for Chinese firms to build an independent global platform, addressing pain points in overseas exhibitions. Representatives from Baypin Group, Foxconn, Sunwoda, Konka, and industry associations voiced their intent to participate in the AIE. For logistics, exhibitors with AIE credentials will enjoy 24-hour smooth border access between Macao and Zhuhai, supported by frequent shuttle bus services, said Liu Ying. Sun Bin reaffirmed Guangdong’s commitment to supporting the AIE by providing optimal services and addressing practical issues, such as visa facilitation. The promotion event marks a key milestone in AIE’s preparations. Supported by government, industry associations, and enterprises, the AIE is poised to become a world-class technology expo rooted in the Greater Bay Area with global reach. Scheduled for December 4-6 this year in Macao and Zhuhai, the AIE will feature six themed pavilions, including Intelligent Communication and IoT and Intelligent Equipment and Industrial Internet, spanning 70,000 square meters with approximately 1,000 exhibitors. Hashtag: #AIE #ChinaElectronicsChamberofCommerce The issuer is solely responsible for the content of this announcement.

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Cushman & Wakefield Takes Gold, Silver and Bronze Prizes at Phoenix Tree Marketing Awards 2025

HONG KONG SAR – Media OutReach Newswire – 14 July 2025 – Cushman & Wakefield, a leading global real estate services firm, has won the Gold Prize in the Integrated Marketing category at the 11th Phoenix Tree Digital Marketing Summit 2025 and Awards Ceremony for the firm’s Better Never Settles brand campaign. The firm also won the Silver Prize in the ESG Marketing category for its Earth Day campaign; and the Bronze Prize in the Video Marketing category for its Better Never Settles video series. Cushman & Wakefield launched the Better Never Settles brand campaign in Greater China in June 2024. The firm conducted marketing activities both internally and externally through a range of channels including online social platforms and offline in-person events, significantly enhancing brand impact, demonstrating a market-leading position and marking an important milestone for the branding campaign globally. Cushman & Wakefield Greater China launched a one-month Earth Day — Planet vs Plastics campaign, running from April 22 to May 22, in conjunction with Bottloop, a pioneer in recycling and environmental conservation. Staff across more than 20 offices actively engaged in the campaign, which was widely featured through a range of channels including WeChat, Weibo and leading media outlets, achieving more than 90,000 views and demonstrating a successful ESG marketing initiative. The firm’s Better Never Settles video series has been one of the most notable Better Never Settles campaign elements. The short-format video series showcased four team members from different markets and different business units sharing their stories on how they bring “Better never settles” into their lives when they engage in sports, arts, career development and in their personal lives. The video series reached over 140,000 views, generating significant buzz in the industry and reinforcing the firm’s strong branding. KK Chiu, Chief Executive, Greater China, Cushman & Wakefield, said, “We are honored to receive such high recognition for our excellent performance at the 11th Phoenix Tree Marketing Awards. This achievement reflects the trust and respect from our clients, media and the real estate community, and marks an important milestone in the growth of our marketing capabilities across Greater China. We will continue to deliver innovative and integrated marketing initiatives to strengthen our brand positioning and elevate our industry presence because at Cushman & Wakefield, better never settles.” Founded in 2015 at the inaugural WMMS Global Mobile Marketing Summit, the Phoenix Tree Awards form part of the industry’s premier recognition for mobile marketing excellence. Judged by an independent panel of senior experts, the awards evaluate criteria including innovation, strategy, execution and impact, celebrating companies that set new standards in brand marketing. Over the years, they have evolved into a symbol of professionalism and prestige, renowned for honoring high-quality case studies that drive industry advancement. Hashtag: #Cushman&Wakefield The issuer is solely responsible for the content of this announcement. About Cushman & Wakefield Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In Greater China, a network of 23 offices serves local markets across the region. In 2024, the firm reported revenue of $9.4 billion across its core services of Valuation, Consulting, Project & Development Services, Capital Markets, Project & Occupier Services, Industrial & Logistics, Retail, and others. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.hk or follow us on LinkedIn (https://www.linkedin.com/company/cushman-&-wakefield-greater-china).

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Dusit International expands across the lodging spectrum, launches ninth hotel brand – Dusit Hotels

Refined upper-upscale brand is tailored for 120–300 key properties in prime urban and resort locations, delivering market-relevant experiences enriched by Dusit’s signature Thai-inspired gracious hospitality BANGKOK, THAILAND – Media OutReach Newswire – 14 July 2025 – Dusit International, one of Thailand’s leading hotel and property development companies, has expanded its global hospitality portfolio with the official launch of Dusit Hotels – its ninth hotel brand – designed to deliver tailored upper-upscale experiences that balance brand consistency with the unique needs of each market in strategic city and leisure destinations worldwide. Dusit’s ninth hotel brand – Dusit Hotels – is designed to deliver refined, upper-upscale experiences that are market-relevant, locally rooted, and enriched by Thai-inspired gracious hospitality. Now open in Doha, Qatar; Hanoi, Vietnam; and Chengdu, China – with Manila, Philippines set to join in 2026. Already introduced at three operating hotels – Dusit Hotel Doha, Qatar; Dusit Le Palais Tu Hoa, Hanoi, Vietnam; and Dusit Hotel AG Park, Chengdu, China – with another distinctive property, Dusit Hotel Greenhills, Manila, Philippines, signed and set to open in 2026, the new brand has already marked its presence in key markets across Asia and the Middle East, laying a strong foundation for future growth. Created in response to the growing demand from hotel owners and developers for distinctive properties that combine international standards with a strong sense of local identity, Dusit Hotels is positioned to deliver memorable guest experiences rooted in the unique cultural and physical context of each destination – all underpinned by Dusit’s signature Thai-inspired gracious hospitality. Defined by a timeless, warm, and welcoming aesthetic, and guided by the tagline “Distinctly Elevated, Perfected by Place,” Dusit Hotels are crafted with the soul of each location in mind and designed to offer superior levels of comfort for business and leisure travellers of all generations. Public spaces feature curated art and locally inspired details that enhance the sense of place, while integrated smart technologies enrich the stay experience. With a target range of 120 to 300 keys per property, Dusit Hotels is ideally suited for conversions and purpose-built developments that seek to balance refined comfort and contemporary design with market-relevant facilities, such as destination dining, multi-functional event spaces, and wellness offerings tailored to today’s travellers. At each location, Dusit Hotels has demonstrated its ability to deliver refined, upper-upscale experiences rooted in local character and contemporary elegance. Located by Hanoi’s West Lake, the 207-key Dusit Le Palais Tu Hoa, Hanoi blends Thai-inspired gracious service with Vietnamese heritage, drawing inspiration from the legacy of Princess Từ Hoa, who famously left the royal court to teach silk weaving to the local people, to offer a unique cultural connection through its design, storytelling, and curated dining experiences. In Chengdu, the 248-key Dusit Hotel AG Park, Chengdu embraces its natural setting amidst the scenic surrounds of Tianfu Agricultural Expo Park with guided nature-based activities, farm-to-table dining, and sustainability-led programming aligned with Dusit’s group-wide sustainability initiative, Tree of Life, all contributing to a guest experience that’s both mindful and memorable. Dusit Hotel Doha, meanwhile, with 261 well-appointed guestrooms and suites, plus 96 elegant apartments in the heart of Doha’s vibrant West Bay area, has carved a niche in the Qatari capital’s competitive hospitality landscape by offering warm, personalised service, a variety of international dining options, and wellness experiences delivered through Dusit’s signature Devarana Wellness concept. From in-room rituals to a full-floor spa, the hotel demonstrates how Dusit Hotels can thoughtfully integrate well-being into the guest journey in a way that is meaningful, accessible, and market-relevant. The latest signing under the Dusit Hotels brand – Dusit Hotel Greenhills, Manila – is set to open in Q4 2026. Occupying the top 10 floors of Primex Tower, a landmark 50-storey mixed-use development in Metro Manila’s San Juan City, the 200-key hotel will feature premium facilities, including Benjarong Thai restaurant, an all-day dining restaurant, a rooftop bar, a rooftop swimming pool, and a ballroom with spectacular city views. Together, these properties illustrate the brand’s versatility and appeal – bringing Dusit’s gracious hospitality and service excellence to life in distinctive ways, guided by a consistent upper-upscale positioning. “Our latest brand has been carefully developed to meet the evolving needs of both hotel owners and modern travellers alike,” said Mr Gilles Cretallaz, Chief Operating Officer, Dusit International. “As we continue to reposition the Dusit Thani brand firmly within the luxury segment, Dusit Hotels marks a strategic expansion of our presence in the upper-upscale space, reinforcing our evolution across the lodging spectrum. This new brand allows us to bring our unique Thai-inspired gracious hospitality to a broader range of properties, while giving owners the scope to tailor experiences to their specific markets – all backed by our proven systems, global distribution, and operational excellence. With a strong focus on comfort, character, and locality, each hotel will resonate deeply with domestic and international guests seeking purposeful, memorable stays.” Dusit’s global portfolio currently comprises 294 properties across 18 countries, including 55 hotels and resorts and 239 luxury villa rentals. The company’s nine brands span the lodging spectrum from affordable lifestyle to bespoke luxury. Alongside Dusit Hotels, the group’s other brands include Devarana – Dusit Retreats (Wellness Luxury), Dusit Thani (Bespoke Luxury), Dusit Collection (Character Luxury), dusitD2 (Lifestyle Upscale), Dusit Princess (Upper Midscale), ASAI Hotels (Lifestyle Midscale), Dusit Suites (Lifestyle Long Stay), and Elite Havens (Luxury Villa Rentals). Across its portfolio, Dusit has already signed 14 new properties this year and has over 60 in the pipeline, reflecting strong demand for its distinctive hospitality offerings worldwide. Dusit Hotels is expected to continue this momentum, with strong developer interest in key markets. “With three Dusit Hotels already in operation and another distinctive property in the pipeline, our newest brand has already resonated strongly with our target market as well as development partners,” said Mr Siradej Donavanik, Vice President – Development (Global). “Reflecting strong demand for this offering, we anticipate signing eight additional Dusit Hotels within the next two years, in key gateway destinations, both cities and resorts. For developers

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Tanoto Foundation Presents Community-Led Early Childhood Parenting Models from Indonesia and China at ARNEC Regional Conference 2025

MANILA, PHILIPPINES – Media OutReach Newswire – 14 July 2025 – At the recent Asia-Pacific Regional Network for Early Childhood (ARNEC) Regional Conference 2025, Tanoto Foundation, an independent philanthropic organization that catalyzes systems change in education and healthcare, presented its successful community-driven early childhood parenting models from Indonesia and China. The two initiatives, Rumah Anak SIGAP from Indonesia and the HOPE (Harnessing Opportunity through Parenting and Education) program from China, showcased proven methods for boosting child development in rural and underserved communities. These initiatives address the critical 0–3 age window, a golden period in a child’s life marked by rapid brain development that reaches up to 80 percent of an adult’s brain size. A study by the Center on the Developing Child at Harvard University highlights that brain cell development during early childhood can reach up to 90 percent, laying the foundation for cognitive, language, motor, sensory, and emotional responses. This period is especially challenging in many parts of Asia. A 2023 study by the Australian Council for Educational Research (ACER) revealed that 57 percent of children aged 0–3 in parts of Indonesia are at risk of not reaching their full developmental potential. The study also found that 26 percent of children live in low-quality caregiving environments. In China, a similar concern is the high rate of developmental delays among children aged 0–3 in rural areas, where more than 80 percent fail to meet at least one developmental indicator, according to a 2019 article in the Journal of Comparative Economics. Impact in Indonesia: The Rumah Anak SIGAP Initiative Tanoto Foundation’s Rumah Anak SIGAP program in Indonesia has demonstrated significant positive results. An impact evaluation showed that children in rural areas with initial developmental delays who received stimulation through the program recorded an average developmental score increase of 1.06 points, compared to a 0.53-point increase for urban children. By 2024, the program had reached over 3,000 children and parents through 29 service centers across five provinces: Banten, Central Java, East Kalimantan, Jakarta, and Riau. The program’s success lies in empowering community cadres as agents of change, fostering the local ownership essential for sustainability. Ancilla Irwan, Education Development Lead, explained that this deep community and government collaboration transforms the program into “a vital part of an integrated caregiving ecosystem.” The strength of this model was underscored when the Mayor of Semarang, Agustina Wilujeng Pramestuti, presented her city’s initiative—which integrates a Rumah Anak SIGAP center with a stunting prevention center—at the same ARNEC conference. “Out of 64 parents interviewed, 59 reported positive changes, such as improved breastfeeding practices, more nutritious feeding, and deeper engagement with their children. The most significant change happens at home, when parents begin to interact with their children consistently and attentively,” said Radi Negara, Impact Evaluation Lead at Tanoto Foundation. Scaling Success in China: The HOPE Program Mirroring this success, the HOPE program in China has effectively scaled its community-driven model to address developmental gaps. The program has successfully trained 330 facilitators and established 138 centers across five provinces: Beijing, Guizhou, Jiangsu, Jiangxi, and Shandong serving over 16,000 children aged 0–3 and their families in rural areas. Wu Wei, Country Head of Tanoto Foundation China, explains that “Investing in Early Childhood Development (ECD) promotes social equity, breaks intergenerational poverty, and strengthens the human capital essential for China’s long-term sustainable development.” As a Core Team member of ARNEC, Tanoto Foundation is committed to the network’s goal of advancing ECD by fostering strong partnerships, sharing knowledge, and advocating for children’s rights. This collaborative spirit was captured in the conference’s closing session by Eddy Henry, Head of Policy and Advocacy at Tanoto Foundation: “This conference exemplifies how collaboration can drive knowledge mobilization, amplify voices, and advance the ECD agenda across the Asia-Pacific region. I hope every organization participating will now bring home and implement these best practices locally, helping influence policy changes to ensure every child has access to inclusive, equitable, and high-quality early childhood development.” Hashtag: #TanotoFoundation The issuer is solely responsible for the content of this announcement. About Tanoto Foundation At Tanoto Foundation, we unlock human potential, help communities thrive, and create lasting impact. Founded in 1981 by Sukanto Tanoto and Tinah Bingei Tanoto, we are an independent family foundation that believes in providing every person with the opportunity to realize his or her full potential. To do so, we catalyze systems change in education and healthcare. Our approach is impact-first, collaborative, and evidence-based. We invest for the long term and strive to develop leaders who can drive sustained, positive outcomes. More information is available at www.tanotofoundation.org/en/.

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OCBC Eyes S$5 Billion in Lending for Serial Entrepreneurs by 2028

OCBC Bank is set to scale up its financing for serial entrepreneurs to S$5 billion by 2028, expanding a programme that originated in Singapore in 2019. This move reflects the bank’s ongoing commitment to supporting entrepreneurs with multiple ventures across the region. As reported by The Business Times, OCBC intends to channel an additional S$3.5 billion into key regional markets, building on the S$1.5 billion already disbursed to over 1,800 entrepreneurs managing more than 8,000 businesses in Singapore and Malaysia as of end-2024. Following a successful pilot in Malaysia, the programme was formally launched in the country earlier this month. OCBC also plans to introduce the initiative in Hong Kong by the end of 2025, with Indonesia to follow. The strategy signals a significant expansion of the bank’s regional presence in entrepreneurial banking. OCBC defines serial entrepreneurs as individuals who hold majority ownership in more than one business. The bank’s internal data reveals that one in three businesses in Singapore are founded by serial entrepreneurs, while in Malaysia, nearly half of OCBC’s small business clients fall into this category. Moreover, companies led by these entrepreneurs demonstrate a 30 percent lower non-performing loan rate compared to first-time founders, according to the bank’s analysis. A distinctive feature of the initiative is OCBC’s group-based lending model, which evaluates an entrepreneur’s ventures collectively rather than on an individual business basis. This consolidated approach allows the bank to take into account the entrepreneur’s broader track record when assessing financing eligibility. The model offers flexibility to new businesses under the same entrepreneur that may not yet have a proven profit history. Each participating entrepreneur is assigned a dedicated relationship manager, supported by specialists in cash management, corporate advisory, and wealth planning. This structure enables OCBC to deliver tailored financial solutions, bridging funding gaps that are often underserved by traditional banking models. In Malaysia, the programme has gained significant traction. During the pilot phase, approximately 300 companies secured loans totalling over RM850 million. According to OCBC Malaysia’s head of wholesale banking, around a third of entrepreneurs who were offered principal financing opted into the programme, underscoring robust demand in the market. The Malaysian version of the programme has been tailored to local needs, enabling newer businesses to qualify for funding without the conventional two-year operational track record. Entrepreneurs also benefit from the OCBC Velocity platform, which streamlines financial management across multiple ventures through a unified digital interface. This initiative forms part of OCBC’s broader regional strategy to serve the evolving needs of entrepreneurs leading multiple ventures, reinforcing its role as a long-term financial partner in their growth journeys. -Fintech News

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RM2.98 Million Penalty Imposed on Three Firms for Bid-Rigging in Government Tenders

The Malaysia Competition Commission (MyCC) has imposed a financial penalty totalling RM2.98 million on three companies found to have engaged in bid-rigging practices involving public maintenance contracts. The firms—Abadi Malaysia Sdn Bhd, Kota Landskap Sdn Bhd and Usia Maintenance Sdn Bhd—were penalised for violating Section 4 of the Competition Act 2010. According to MyCC Chief Executive Officer Iskandar Ismail, the companies were found to have colluded on six tenders issued by Putrajaya Corporation between 2018 and 2021. The combined value of these tenders was close to RM45 million and covered works in building and facility maintenance, landscaping, and civil engineering. The enforcement action followed public complaints regarding potential bid-rigging practices in several government-linked projects. A preliminary assessment identified nine enterprises potentially involved in a cartel arrangement, prompting MyCC to launch a full investigation. “The investigation involved raids on the companies’ premises, collection of documents, statements from 24 individuals, requests for further information and in-depth analysis of all relevant materials,” said Iskandar at a press conference held at MyCC headquarters. On 10 September 2024, a proposed decision was issued to the implicated companies. Representations were received on 11 November 2024 and 13 March 2025. After evaluating these responses, MyCC delivered its final decision on 13 July 2025. Abadi Malaysia was identified as the coordinator of the cartel, facilitating collusion via WhatsApp, email communication and meetings. The probe uncovered that tender documents for all six projects were prepared collaboratively at a single location, with coordination led by one of Abadi Malaysia’s directors. “During enforcement actions, MyCC discovered tender-related documents belonging to all three companies at the premises of Kota Landskap, highlighting a centralised effort in the preparation process,” said Iskandar. Evidence revealed that Usia Maintenance and Abadi Malaysia each secured one of the six tenders. However, both were found culpable in relation to all six tenders due to the presence of collusive behaviour across the board. Similarly, Kota Landskap was found to have engaged in coordinated conduct throughout the tendering process. The investigation further revealed that the directors of the companies involved had familial and personal relationships, although no officials from Putrajaya Corporation were implicated in the misconduct. MyCC currently has 14 active cases under review, with ongoing investigations involving over 500 companies and tenders valued at approximately RM2.3 billion. -Bernama

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