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KPMG and SID Unveil Budget 2025 Recommendations to Build a Ready, Refreshed, and Resilient Singapore, Driving Value Creation and Global Leadership

Foster Environmental, Social and Governance (ESG) adoption by Singapore enterprises through national frameworks, grants, and a hub to align with global sustainability standards. Accelerate innovation through increased funding for the development of sustainable technologies and the adoption of artificial intelligence. Strengthen workforce capabilities with targeted professional growth programmes, leadership benchmarks, and micro-credentialling to prepare talent for global challenges. SINGAPORE – Media OutReach Newswire – 8 January 2025 – KPMG in Singapore and the Singapore Institute of Directors (SID) are pleased to announce the release of our joint Budget 2025 Proposal, titled “Designing Singapore’s future together: Ready, refreshed and resilient for tomorrow.” The Proposal charts strategic recommendations to position Singapore as a global leader in value creation, emphasising the nation’s ability to attract talent, investments, and innovation while leveraging the capital markets to generate a cascading impact across the economy. Transformational changes initiated within the capital markets will enable Singapore enterprises to align with these shifts, fostering their growth and driving Singapore’s collaborative, long-term ambitions. A key component of this vision is enhancing corporate governance standards to build investor confidence, positioning enterprises as global benchmarks for integrity and transparency. By nurturing trust and accountability across the business ecosystem – from multinational corporations to small and medium enterprises (SMEs) – Singapore can lay the foundation for inclusive, sustained growth. In addition, we recommend stimulating greater organic innovation through research and development, supported by incentives and green financing, to further drive this transformation. Our Budget 2025 Proposal also introduces recommendations designed to create a “fast pass” approach for businesses, providing quick assistance, ready-to-use templates, and a swift start for those eager to embark on complex and long journeys in areas like sustainability and technology. This approach aims to accelerate their transformation through well-structured support systems facilitated by the government, enabling companies to adopt innovative solutions and sustainable practices more effectively, while elevating Singapore’s global reputation as a hub for value creation. The Proposal focuses on these key areas of value creation: Advancing ESG Priorities – Empowering Singapore enterprises to adopt sustainable practices through national frameworks, targeted grants, and reporting guidance. A dedicated industry hub will offer crucial support, ensuring businesses can align with international ESG standards and contribute to Singapore’s sustainability transition. Driving Innovation – Harnessing blended finance and green financing initiatives to support businesses, particularly those in “hard to abate” industries, in their decarbonisation efforts. These grants and incentives help mitigate investment risks, encouraging the participation of a more diverse spectrum of funding stakeholders and cultivating a robust ecosystem of financing options. Furthermore, leveraging carbon tax revenues and enhanced government subsidies can complement these efforts, spurring further research and development efforts in sustainable technologies and accelerating the creation of commercially viable carbon reduction solutions. Enhancing Talent Development – Strengthening workforce capabilities through leadership benchmarks and targeted professional growth initiatives, such as micro-credentialling, while aligning with the Forward Singapore agenda. By focusing on building globally and regionally capable talent, these measures ensure Singapore’s workforce is prepared to meet evolving challenges and further solidify the nation’s position as a talent hub in the region. Supporting International Growth – Singapore can reinforce its position as a global hub by introducing strategic measures to enable businesses to excel internationally while addressing emerging challenges. Enhancing grants and financing schemes will encourage cross-border partnerships in high-growth areas such as the digital and green economies, fostering regional collaboration and supporting Singapore companies in diversifying across ASEAN. A government-backed transfer pricing advisory programme can provide consultation and financial support to small enterprises, helping them align with international standards, reduce compliance risks, and enhance operational efficiency in complex tax environments. Highlights of Our Recommendations 1. Ready: Leading with Sustainable Impact Regionally and Into the Future The rising global emphasis on sustainability positions Singapore to lead by example. By establishing robust frameworks and standards, the nation can solidify its climate resilience and reinforce its role as a trusted hub for sustainable business practices and long-term economic growth. KPMG and SID recommend: a) Increase transparency in the allocation of carbon tax revenues (page 8) to strengthen clarity in the industry to undertake green initiatives. Detailed disclosures on the use of these funds can enable businesses to align their investments with Singapore’s climate agenda. b) Develop a centralised ESG reporting hub to guide businesses in adopting consistent sustainability practices (page 12). This hub, established through government and industry collaboration, would help businesses navigate reporting requirements and align themselves with international sustainability standards. c) Deploy incentives for blended finance to accelerate Singapore’s green transition (pages 17 and 18). Strategic grants and first-loss guarantees could enhance the funding landscape for large-scale sustainable projects while supporting programmes that mitigate climate risks for vulnerable communities such as low-income groups. d) Launch a decarbonisation assistance facility (page 19) that provides long-term financial support for businesses in hard-to-abate sectors. Grants and competitively priced loans would facilitate energy efficiency, clean energy adoption, and the exploration of innovative solutions across challenging industries. 2. Refreshed: Uplifting Tomorrow’s Workforce Singapore’s workforce is integral to sustaining its competitive edge. To remain a top destination for global talent and leadership, Singapore must equip its workforce with the skills and capabilities needed to drive innovation and address future challenges. KPMG and SID recommend: a) Establish a National Leadership Competency Index (page 23) to help organisations evaluate and grow their leadership pipeline. This index would serve as a benchmark to track and enhance essential competencies, building a talent pool that supports local and regional growth. b) Expand investments in micro-credentialling and increase accessibility to SkillsFuture funding (page 24). Short-term certifications in high-demand areas such as AI, sustainability, and cybersecurity would address immediate skills gaps, while tax incentives and grants can encourage businesses to sponsor such upskilling programmes. c) Mandate regular, robust board evaluations conducted by external facilitators (page 28). By adopting rigorous performance reviews similar to the UK’s standards, companies can enhance governance and transparency across sectors. Encouraging companies to develop the competencies of their directors and adopt an unbiased, objective perspective to the review process will

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Asia School of Business and MIT Sloan School of Management Strengthen Strategic Partnership

KUALA LUMPUR: The Asia School of Business (ASB) and the Massachusetts Institute of Technology’s Sloan School of Management have renewed their partnership, extending a decade-long collaboration that has positioned ASB as a premier institution for business education in Malaysia and the ASEAN region. Established in 2015 through a partnership between Bank Negara Malaysia and MIT Sloan, ASB has significantly advanced in research, education, and innovation, producing leaders who are making impactful contributions globally. Over the past decade, ASB has distinguished itself with programs such as the Master of Business Administration, Executive MBA, and Master in Central Banking, each fostering leaders equipped to navigate the complexities of global business and central banking. The institution’s faculty, recognized with multiple international awards, contribute extensively to societal, business, and governmental advancements. ASB’s curriculum stands out in the region, emphasizing intellectual rigor and practical application through its signature action learning approach. This pedagogy, combined with ASB’s unique flipped classroom model, ensures that in-class time is optimized for immersive, hands-on experiences. Students benefit from lectures by both ASB’s distinguished faculty and visiting MIT professors, with an extended immersion program at MIT Sloan further enhancing their academic exposure. “This renewed collaboration marks a significant milestone for MIT Sloan as we deepen our engagement with the Asia School of Business,” stated Georgia Perakis, Interim Dean of MIT Sloan. “This partnership enables us to expand educational opportunities in the ASEAN region and continue delivering innovative programs to a diverse pool of talented students.” Professor Sanjay Sarma, ASB’s CEO, President, and Dean, remarked, “Our partnership with MIT Sloan has been instrumental in providing our students with a transformative educational experience that merges academic excellence with real-world application. Positioned at the heart of ASEAN, ASB is ideally situated to prepare students for the rapidly evolving challenges in AI, data science, and sustainability, fostering a mindset of growth and adaptability.” Key Highlights of the ASB-MIT Sloan Collaboration: World-Class Faculty: Courses are delivered by ASB’s resident faculty alongside visiting MIT Sloan professors, offering a blend of diverse and global perspectives. Innovative Curriculum: The curriculum combines the rigorous academic standards of MIT Sloan with ASB’s innovative methodologies, equipping graduates with skills to thrive in a fast-evolving global market. Action-Based Learning: Students engage in real-world projects, collaborating with industry leaders to tackle live business challenges through case studies and simulations. Global Networks: ASB students gain access to MIT Sloan’s extensive network of alumni, faculty, and industry leaders worldwide. Continuous Learning Pathways: ASB graduates have exclusive pathways to MIT Sloan’s Master of Science in Management Studies (MSMS) program, ensuring continuous academic and professional development. Looking Ahead: ASB is redefining business education in ASEAN and beyond. Through initiatives like Agile Continuous Education (ACE), ASB offers hybrid learning solutions tailored for professionals, featuring modular, stackable, and digitally verified micro-credentials. These innovations underscore ASB’s commitment to lifelong learning and professional growth. Situated in the dynamic ASEAN region, ASB bridges emerging markets with global opportunities, cultivating a new generation of leaders ready to address contemporary challenges in technology, sustainability, and global business.

From left: Oriental Kopi Holdings head chef Ho Poh Chian, Koay, executive director Callie Chan Yen Min, managing director Datuk Chan Jian Chern, Alliance Bank Malaysia Bhd group CEO Kellee Kam Chee Khiong and Alliance Islamic Bank Bhd CEO Rizal Il-Ehzan Fadil Azim at the prospectus launch.
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Oriental Kopi Unveils Prospectus, Aims to Raise RM184m on ACE Market

KUALA LUMPUR: Through its subsidiaries, Oriental Kopi Holdings Bhd operates café chains and engages in the distribution and retailing of its own branded packaged foods. Oriental Kopi’s IPO is expected to raise RM184 million, allocated as follows: 29.2% for setting up a new head office, central kitchen, and warehouse, 19.8% for expanding the café chain in Malaysia, 2.7% for the expansion of the packaged foods segment, 3% for marketing activities in foreign countries, 41.2% for working capital, and 4.1% for listing expenses. The IPO involves the issuance of 418.1 million new ordinary shares, representing 20.9% of the company’s enlarged issued share capital of 2 billion shares. The shares are allocated as follows: 60 million shares for the Malaysian public via balloting, 20 million shares for eligible directors, employees, and contributors to the group’s success, 88.1 million shares for private placement to selected investors, and 250 million shares for private placement to Bumiputera investors approved by the Investment, Trade, and Industry Ministry. Based on the IPO price of 44 sen per share, Oriental Kopi’s market capitalisation is estimated at RM880 million upon listing. Applications for the public issue opened yesterday and will close on Jan 10, with the listing scheduled for Jan 23. Oriental Kopi’s executive director, Sean Koay Song Leng, disclosed that the company is constructing a 108,448 square foot facility in Puchong, Selangor, which will house the new head office, central kitchen, and warehouse. “This centralised facility will streamline our management functions, optimise F&B operations, and enhance storage and distribution efficiency. It will also help alleviate the kitchen workload at our outlets, especially those with limited kitchen space,” Koay said during a press conference following the prospectus launch. Koay mentioned that the central kitchen will handle food production, while final preparation will occur at the outlet kitchens. As part of its expansion strategy, the company plans to open 13 new outlets across Malaysia this year and two additional cafés in Singapore by 2025. “We are also exploring opportunities to expand into neighbouring countries,” Koay added, underscoring the company’s regional ambitions. Oriental Kopi has recorded commendable growth, with revenue increasing from RM5 million in the financial year ended Sept 30, 2021, to RM277.3 million in financial year 2024 (FY24), representing a compound annual growth rate of 280.9% over three years. During the same period, the company transitioned from a loss after tax of RM500,000 to a net profit of RM43.1 million in FY24. In FY24, 94.1% of the group’s total revenue was derived from café chain operations, while the remaining 5.9% came from the distribution and retail of packaged foods and other segments.

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Grab Partners London School of Business & Finance to Offer Tertiary Education Programmes for Platform Workers and their loved ones

3 in 5 Grab partners are keen to pursue a Diploma or Degree Grab partners and their loved ones benefit from exclusive admission requirements, and enjoy additional perks including free trial classes to select courses, as well as learning tools such as tablets when they sign up via GrabAcademy Select Diploma programmes are also available in Chinese, making it easier for more partners to upskill themselves without language concerns SINGAPORE – Media OutReach Newswire – 8 January 2025 – Leading superapp Grab announced today that it has partnered with the London School of Business and Finance (LSBF) to offer eight Diploma and Degree programmes, along with English language preparatory courses, to its driver- and delivery-partners, as well as their family members and friends. Offered through GrabAcademy, this initiative seeks to make tertiary education more accessible, empowering Grab’s partner community in Singapore with greater opportunities for personal and professional growth. GrabAcademyxLondon School of Business and Finance Singapore Campus In a survey conducted with close to 1,100 Grab driver- and delivery-partners in Singapore[1], 3 out of 5 (or 60%) of them expressed interest in pursuing a Diploma or Degree programme. The top three motivators were to improve their skills and knowledge (27%); increase their potential earning (24%); and enhance their employability (24%). Among those who were hesitant to pursue tertiary education, respondents cited that personal or family commitments (30%) and a lack of time and course schedule flexibility (27%) were the main barriers preventing them from doing so. To address these challenges, the programmes offered under this partnership are designed with flexibility at their core. Lessons can be attended in person, online, or through a blended approach, allowing partners to choose what works best for them. To further increase access to these programmes, Grab partners and loved ones can choose to apply via a non-standard entry requirement[2] that considers their work experiences, reducing barriers for those who wish to upskill. Yee Wee Tang, Managing Director of Grab Singapore, said: “We have always believed that our platform can be a catalyst for lifelong learning among Singapore’s platform workers. That is why we started GrabAcademy in 2020 – to offer tailored learning programmes that meet their unique needs and aspirations. We understand that balancing work, life and learning can be tough. Through partnerships with thoughtful academic institutions like the London School of Business and Finance, we are making tertiary education more accessible, flexible and attainable for platform workers.” Driving Impact with Industry-Relevant Education Through this partnership, Grab partners and their loved ones are offered five Diploma programmes, three Degree programmes as well as English language preparatory courses by LSBF via GrabAcademy. The Diploma and Degree programmes under this partnership are specially curated to meet industry demand for specialised skillsets such as cybersecurity and computer science. It also caters to the learning aspirations of Grab’s partners, who expressed strong interest in the survey to pursue tertiary education in business administration/studies as well as logistics and supply chain management. Given their interests, Diploma programmes for Business Administration as well as Global Logistics and Supply Chain Management will also be offered in Chinese, making it easier for more partners to upskill themselves without language concerns. (See Appendix for full programme list) “We’re thrilled to work alongside Grab to offer education that is not only practical but also aligned with the current needs of the workforce,” said Rathakrishnan Govind, LSBF Global CEO. “This collaboration reflects our shared commitment to bridging the skills gap in Asia and providing individuals with the knowledge and tools to thrive in their careers. The programmes will offer hands-on, skills-based training, giving learners the edge they need in an increasingly competitive job market.” Additional support to help partners through their learning journeys To encourage more Grab driver- and delivery-partners to upskill and reskill, Grab will offer special support including: Application fee waiver for LSBF Diploma and English Language programmes. Special welcome pack, including a complimentary tablet[3] upon enrolment, to complement their learning experience. Free trial classes are available for select modules in the Degree and Diploma programmes, as well as the preparatory course[4] “With the economy constantly changing, it’s important for me to keep up by upskilling and staying relevant. The new Diploma and Degree programmes from GrabAcademy and LSBF make it easier for driver-partners like myself to further my studies, and the flexibility to study online or in-person means I can continue working and earning without any interruption to my income,” said Lim Puay Thiam, 41 Grab Delivery -Partner. Interested partners can visit GrabAcademy for more information. [1] GrabAcademy Further Education Survey among 1,094 driver-and delivery-partners in Singapore in July 2024 [2] Non-standard entry requirements will be assessed on a case-by-case basis subject to approval of the London School of Business and Finance’s Academic Board. [3] Applicable only for enrolment to Degree or Diploma programmes. Applicants can choose between receiving a tablet or a GrabGifts voucher (worth SGD 250) upon successful enrolment. Tablets or GrabGifts vouchers will be physically distributed to the student on the first day of orientation. [4] The free trial class is limited to one session per programme: one for the Degree, one for the English Diploma, one for the Mandarin Diploma, and one for the Preparatory Course in English. Appendix 1 – List of LSBF Programmes Available for Grab driver- and delivery partners English Diploma Programmes Chinese Diploma Programmes Degree Programmes English Programmes Diploma in Business Studies Diploma in Global Logistics and Supply Chain Management Bachelor of Science (Honours) in Cyber Security Networks Preparatory Courses in English, Beginners to Advanced Levels Diploma in Information Technology Diploma in Business Administration Bachelor of Science (Honours) in Computer Science Weekly English Diploma in Logistics and Supply Chain Management Bachelor of Arts (Honours) in Business Studies Hashtag: #LSBF The issuer is solely responsible for the content of this announcement. About Grab Grab is a leading superapp in Southeast Asia, operating across the deliveries, mobility and digital financial services sectors. Serving over 700 cities in eight Southeast Asian countries – Cambodia, Indonesia, Malaysia,

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Grab Partners London School of Business & Finance to Offer Tertiary Education Programmes for Platform Workers and their loved ones

3 in 5 Grab partners are keen to pursue a Diploma or Degree Grab partners and their loved ones benefit from exclusive admission requirements, and enjoy additional perks including free trial classes to select courses, as well as learning tools such as tablets when they sign up via GrabAcademy Select Diploma programmes are also available in Chinese, making it easier for more partners to upskill themselves without language concerns SINGAPORE – Media OutReach Newswire – 8 January 2025 – Leading superapp Grab announced today that it has partnered with the London School of Business and Finance (LSBF) to offer eight Diploma and Degree programmes, along with English language preparatory courses, to its driver- and delivery-partners, as well as their family members and friends. Offered through GrabAcademy, this initiative seeks to make tertiary education more accessible, empowering Grab’s partner community in Singapore with greater opportunities for personal and professional growth. GrabAcademyxLondon School of Business and Finance Singapore Campus In a survey conducted with close to 1,100 Grab driver- and delivery-partners in Singapore[1], 3 out of 5 (or 60%) of them expressed interest in pursuing a Diploma or Degree programme. The top three motivators were to improve their skills and knowledge (27%); increase their potential earning (24%); and enhance their employability (24%). Among those who were hesitant to pursue tertiary education, respondents cited that personal or family commitments (30%) and a lack of time and course schedule flexibility (27%) were the main barriers preventing them from doing so. To address these challenges, the programmes offered under this partnership are designed with flexibility at their core. Lessons can be attended in person, online, or through a blended approach, allowing partners to choose what works best for them. To further increase access to these programmes, Grab partners and loved ones can choose to apply via a non-standard entry requirement[2] that considers their work experiences, reducing barriers for those who wish to upskill. Yee Wee Tang, Managing Director of Grab Singapore, said: “We have always believed that our platform can be a catalyst for lifelong learning among Singapore’s platform workers. That is why we started GrabAcademy in 2020 – to offer tailored learning programmes that meet their unique needs and aspirations. We understand that balancing work, life and learning can be tough. Through partnerships with thoughtful academic institutions like the London School of Business and Finance, we are making tertiary education more accessible, flexible and attainable for platform workers.” Driving Impact with Industry-Relevant Education Through this partnership, Grab partners and their loved ones are offered five Diploma programmes, three Degree programmes as well as English language preparatory courses by LSBF via GrabAcademy. The Diploma and Degree programmes under this partnership are specially curated to meet industry demand for specialised skillsets such as cybersecurity and computer science. It also caters to the learning aspirations of Grab’s partners, who expressed strong interest in the survey to pursue tertiary education in business administration/studies as well as logistics and supply chain management. Given their interests, Diploma programmes for Business Administration as well as Global Logistics and Supply Chain Management will also be offered in Chinese, making it easier for more partners to upskill themselves without language concerns. (See Appendix for full programme list) “We’re thrilled to work alongside Grab to offer education that is not only practical but also aligned with the current needs of the workforce,” said Rathakrishnan Govind, LSBF Global CEO. “This collaboration reflects our shared commitment to bridging the skills gap in Asia and providing individuals with the knowledge and tools to thrive in their careers. The programmes will offer hands-on, skills-based training, giving learners the edge they need in an increasingly competitive job market.” Additional support to help partners through their learning journeys To encourage more Grab driver- and delivery-partners to upskill and reskill, Grab will offer special support including: Application fee waiver for LSBF Diploma and English Language programmes. Special welcome pack, including a complimentary tablet[3] upon enrolment, to complement their learning experience. Free trial classes are available for select modules in the Degree and Diploma programmes, as well as the preparatory course[4] “With the economy constantly changing, it’s important for me to keep up by upskilling and staying relevant. The new Diploma and Degree programmes from GrabAcademy and LSBF make it easier for driver-partners like myself to further my studies, and the flexibility to study online or in-person means I can continue working and earning without any interruption to my income,” said Lim Puay Thiam, 41 Grab Delivery -Partner. Interested partners can visit GrabAcademy for more information. [1] GrabAcademy Further Education Survey among 1,094 driver-and delivery-partners in Singapore in July 2024 [2] Non-standard entry requirements will be assessed on a case-by-case basis subject to approval of the London School of Business and Finance’s Academic Board. [3] Applicable only for enrolment to Degree or Diploma programmes. Applicants can choose between receiving a tablet or a GrabGifts voucher (worth SGD 250) upon successful enrolment. Tablets or GrabGifts vouchers will be physically distributed to the student on the first day of orientation. [4] The free trial class is limited to one session per programme: one for the Degree, one for the English Diploma, one for the Mandarin Diploma, and one for the Preparatory Course in English. Appendix 1 – List of LSBF Programmes Available for Grab driver- and delivery partners English Diploma Programmes Chinese Diploma Programmes Degree Programmes English Programmes Diploma in Business Studies Diploma in Global Logistics and Supply Chain Management Bachelor of Science (Honours) in Cyber Security Networks Preparatory Courses in English, Beginners to Advanced Levels Diploma in Information Technology Diploma in Business Administration Bachelor of Science (Honours) in Computer Science Weekly English Diploma in Logistics and Supply Chain Management Bachelor of Arts (Honours) in Business Studies Hashtag: #LSBF The issuer is solely responsible for the content of this announcement. About Grab Grab is a leading superapp in Southeast Asia, operating across the deliveries, mobility and digital financial services sectors. Serving over 700 cities in eight Southeast Asian countries – Cambodia, Indonesia, Malaysia,

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Divineway Fengshui Announces the Launch of Master Louis Cheung’s Book on Taoist Divine Magic

SINGAPORE – Media OutReach Newswire – 8 January 2025 – Divineway Fengshui announces the release of Master Louis Cheung’s new book, An Introduction to Liu Ren Divine Magic. The book aims to provide an in-depth exploration of Liu Ren Divine Magic, an ancient Taoist tradition, offering insights into its principles and relevance today. Offline Book Launch Event Date: 12 January 2025 (Sunday) Time: 3pm to 6pm Venue: Divineway Fengshui Gallery, 374 Joo Chiat Road, Singapore 427619 Online Book Launch Webinar Date: 19 January 2025 (Sunday) Time: 2pm to 3:30pm Platform: Facebook (Details to be announced) About the Book An Introduction to Divine Magic explores Liu Ren Divine Magic, a Taoist tradition. The book provides a detailed overview of its principles and practices, presenting them in a manner accessible to a wide audience. Key features include: A comprehensive explanation of Divine Magic and its role in achieving balance and harmony. Practical guidance for integrating these principles into daily life. Clarifications on common misconceptions related to Taoist rituals. With its engaging and informative content, the book is a informative resource for readers seeking to enhance their understanding of Taoist practices. By delving into the roots of Liu Ren Divine Magic, it bridges the ancient and modern worlds, offering practical applications for today’s challenges. The book is available at Divineway Fengshui Gallery and will be distributed through major bookshops and online platforms, priced at S$27.00 (excluding GST). It can also be purchased at Kinokuniya, Popular, and Amazon. Hashtag: #book #fengshui https://divineway.com/https://www.linkedin.com/company/divineway-fengshui/https://www.facebook.com/divinewayinchttps://www.instagram.com/divinewayinchttps://www.tiktok.com/@divinewayfengshui The issuer is solely responsible for the content of this announcement. About Divineway Fengshui Founded in 2004 by Master Louis Cheung, Divineway Fengshui provides services rooted in traditional Chinese and Taoist principles, including Bazi readings, Feng Shui audits, and Taoist rituals. The organisation emphasises the importance of understanding ancient practices while adapting them to contemporary contexts. Divineway Fengshui has gradually expanded its offerings to cater to a wider range of needs, aiming to make these traditional methods relevant and practical in today’s world. The focus remains on supporting individuals and families in creating harmonious and balanced environments. Quotes “Through this book, I aim to provide an introduction to Divine Magic and its relevance to personal and spiritual growth” says Master Louis Cheung. “It reflects my engagement with Taoist traditions and their application to everyday life”. Master Louis Cheung explores Liu Ren Divine Magic with a focus on clarity and accessibility. His work offers readers an opportunity to deepen their understanding of this ancient art within a modern framework.

Media OutReach

Divineway Fengshui Announces the Launch of Master Louis Cheung’s Book on Taoist Divine Magic

SINGAPORE – Media OutReach Newswire – 8 January 2025 – Divineway Fengshui announces the release of Master Louis Cheung’s new book, An Introduction to Liu Ren Divine Magic. The book aims to provide an in-depth exploration of Liu Ren Divine Magic, an ancient Taoist tradition, offering insights into its principles and relevance today. Offline Book Launch Event Date: 12 January 2025 (Sunday) Time: 3pm to 6pm Venue: Divineway Fengshui Gallery, 374 Joo Chiat Road, Singapore 427619 Online Book Launch Webinar Date: 19 January 2025 (Sunday) Time: 2pm to 3:30pm Platform: Facebook (Details to be announced) About the Book An Introduction to Divine Magic explores Liu Ren Divine Magic, a Taoist tradition. The book provides a detailed overview of its principles and practices, presenting them in a manner accessible to a wide audience. Key features include: A comprehensive explanation of Divine Magic and its role in achieving balance and harmony. Practical guidance for integrating these principles into daily life. Clarifications on common misconceptions related to Taoist rituals. With its engaging and informative content, the book is a informative resource for readers seeking to enhance their understanding of Taoist practices. By delving into the roots of Liu Ren Divine Magic, it bridges the ancient and modern worlds, offering practical applications for today’s challenges. The book is available at Divineway Fengshui Gallery and will be distributed through major bookshops and online platforms, priced at S$27.00 (excluding GST). It can also be purchased at Kinokuniya, Popular, and Amazon. Hashtag: #book #fengshui https://divineway.com/https://www.linkedin.com/company/divineway-fengshui/https://www.facebook.com/divinewayinchttps://www.instagram.com/divinewayinchttps://www.tiktok.com/@divinewayfengshui The issuer is solely responsible for the content of this announcement. About Divineway Fengshui Founded in 2004 by Master Louis Cheung, Divineway Fengshui provides services rooted in traditional Chinese and Taoist principles, including Bazi readings, Feng Shui audits, and Taoist rituals. The organisation emphasises the importance of understanding ancient practices while adapting them to contemporary contexts. Divineway Fengshui has gradually expanded its offerings to cater to a wider range of needs, aiming to make these traditional methods relevant and practical in today’s world. The focus remains on supporting individuals and families in creating harmonious and balanced environments. Quotes “Through this book, I aim to provide an introduction to Divine Magic and its relevance to personal and spiritual growth” says Master Louis Cheung. “It reflects my engagement with Taoist traditions and their application to everyday life”. Master Louis Cheung explores Liu Ren Divine Magic with a focus on clarity and accessibility. His work offers readers an opportunity to deepen their understanding of this ancient art within a modern framework.

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Prince Foundation Partners Again with NTU PEAK ASEAN Program to Address Development Challenges

PHNOM PENH, CAMBODIA – Media OutReach Newswire – 8 January 2025 – Prince Foundation welcomed 10 Nanyang Technological University (NTU) students from Singapore for a three-week program focused on expanding education access and entrepreneurship mentoring in Cambodia. NTU students return to Cambodia to develop innovative solutions for advancing education and entrepreneurship in underserved communities. The students, participating in the NTU PEAK ASEAN Program, conducted field research and developed solutions for two main challenges: improving education access in underserved areas and creating mentorship programs for young entrepreneurs. The NTU PEAK ASEAN program is designed to develop leadership and problem-solving skills among its students through experiential learning in host countries in Southeast Asia and beyond. Participants create solutions for socio-economic issues while collaborating with local organizations. “Education is the cornerstone of sustainable development and transformative change,” said Gabriel Tan, Chief Communications Officer of Prince Holding Group and Head of Prince Foundation. “By collaborating with NTU students, we are bridging nations and generations to tackle pressing challenges.” The foundation, which serves as the philanthropic arm of Prince Holding Group, one of Cambodia’s leading business groups, provided mentors to help students develop recommendations based on local needs while incorporating regional best practices. Desmond Woo, Deputy Director of NTU Singapore’s Career and Attachment Office, said the Foundation gave students valuable experience addressing real-world problems. “The Foundation’s guidance and resources have been instrumental in equipping students to deliver innovative, practical solutions that align with Cambodia’s aspirations for growth and development,” Woo said. The program aligns with the Cambodian government’s development goals and reflects Prince Foundation’s focus on education, healthcare and community service initiatives. This marks the second time Prince Foundation has hosted the NTU PEAK ASEAN Program in Cambodia, with the first time in 2022. Hashtag: #PrinceFoundation #NTU #Education The issuer is solely responsible for the content of this announcement. About Prince Foundation Prince Foundation, founded in 2015, is one of Cambodia’s leading philanthropic foundations. A member of Prince Holding Group, one of the largest business groups in Cambodia, the Foundation works with local communities to build thriving living and working environments that elevate people’s well-being and livelihoods, guided by the vision: “Together, Building a Better Future for Cambodia.” Focusing on education and youth development, healthcare, and community engagement initiatives, Prince Foundation collaborates with partners to deliver sustainable programs that create opportunities for Cambodia’s youth, build community resilience, and contribute to sustainable infrastructure. The Foundation’s flagship projects include the Chen Zhi Scholarship, which offers full scholarships, stipends, internships, and job opportunities to 400 Cambodian university students over seven years, and Prince Horology, a state-of-the-art facility where aspiring Cambodian watchmakers learn the art of Swiss-style watchmaking. Since its inception, Prince Foundation has launched more than 250 philanthropic initiatives, benefiting over 1.5 million people and providing donations exceeding US$17 million.

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Prince Foundation Partners Again with NTU PEAK ASEAN Program to Address Development Challenges

PHNOM PENH, CAMBODIA – Media OutReach Newswire – 8 January 2025 – Prince Foundation welcomed 10 Nanyang Technological University (NTU) students from Singapore for a three-week program focused on expanding education access and entrepreneurship mentoring in Cambodia. NTU students return to Cambodia to develop innovative solutions for advancing education and entrepreneurship in underserved communities. The students, participating in the NTU PEAK ASEAN Program, conducted field research and developed solutions for two main challenges: improving education access in underserved areas and creating mentorship programs for young entrepreneurs. The NTU PEAK ASEAN program is designed to develop leadership and problem-solving skills among its students through experiential learning in host countries in Southeast Asia and beyond. Participants create solutions for socio-economic issues while collaborating with local organizations. “Education is the cornerstone of sustainable development and transformative change,” said Gabriel Tan, Chief Communications Officer of Prince Holding Group and Head of Prince Foundation. “By collaborating with NTU students, we are bridging nations and generations to tackle pressing challenges.” The foundation, which serves as the philanthropic arm of Prince Holding Group, one of Cambodia’s leading business groups, provided mentors to help students develop recommendations based on local needs while incorporating regional best practices. Desmond Woo, Deputy Director of NTU Singapore’s Career and Attachment Office, said the Foundation gave students valuable experience addressing real-world problems. “The Foundation’s guidance and resources have been instrumental in equipping students to deliver innovative, practical solutions that align with Cambodia’s aspirations for growth and development,” Woo said. The program aligns with the Cambodian government’s development goals and reflects Prince Foundation’s focus on education, healthcare and community service initiatives. This marks the second time Prince Foundation has hosted the NTU PEAK ASEAN Program in Cambodia, with the first time in 2022. Hashtag: #PrinceFoundation #NTU #Education The issuer is solely responsible for the content of this announcement. About Prince Foundation Prince Foundation, founded in 2015, is one of Cambodia’s leading philanthropic foundations. A member of Prince Holding Group, one of the largest business groups in Cambodia, the Foundation works with local communities to build thriving living and working environments that elevate people’s well-being and livelihoods, guided by the vision: “Together, Building a Better Future for Cambodia.” Focusing on education and youth development, healthcare, and community engagement initiatives, Prince Foundation collaborates with partners to deliver sustainable programs that create opportunities for Cambodia’s youth, build community resilience, and contribute to sustainable infrastructure. The Foundation’s flagship projects include the Chen Zhi Scholarship, which offers full scholarships, stipends, internships, and job opportunities to 400 Cambodian university students over seven years, and Prince Horology, a state-of-the-art facility where aspiring Cambodian watchmakers learn the art of Swiss-style watchmaking. Since its inception, Prince Foundation has launched more than 250 philanthropic initiatives, benefiting over 1.5 million people and providing donations exceeding US$17 million.

Media OutReach

Renewal of Dossen Miao Club: Qingmao’s Adorable Jouney Across Four Cities

GUANGZHOU, CHINA – EQS Newswire – 8 January 2025 – On December 27, 2024, Dossen Hotel Group officially rebranded its member loyalty program, “Dossen Club,” as “Miao Club,” with its popular mascot Qingmao taking center stage. This rebranding places Qingmao, the group’s super IP, directly in front of consumers, offering a fresh, engaging experience for users. In the newly unveiled promotional video, Qingmao charms viewers with its playful antics and signature “meow,” bringing joy and exclusive benefits to members while forging a closer connection with consumers. Between December 27, 2024, and January 4, 2025, Qingmao embarked on an ambitious road trip to promote Miao Club. Starting from Guangzhou, the journey covered 2,789 kilometers and included stops in Wuhan, Changsha, and Nanning. Along the way, Qingmao delighted fans at iconic locations like the Canton Tower, engaged with visitors along the Wuhan Riverbank, and played hide-and-seek at Zhengjia Ocean Park. This interactive journey allowed Qingmao to connect with the public in a vivid and personal way. Qingmao’s Adventure marks the beginning of Dossen Hotel Group’s efforts to establish its IP as a bridge to young consumers. It embodies the group’s strategic focus on youthfulness and vibrancy, aligning perfectly with its goal of engaging younger audiences. Cheng Xinhua, founder, chairman, and CEO of Dossen Group, emphasized the importance of the approach of “youthification”, stating:”Our users are becoming younger. As a lodging service provider catering to the mass market, we must also embrace youthfulness. It’s essential to understand what young people like and need, and provide tailored lodging solutions for the new generation.” Qingmao represents more than just a mascot; it embodies the brand’s core values. According to Wu Mei, Senior Assistant to the Chairman and General Manager of Dossen’s Brand Management Center, Qingmao combines practical value with emotional appeal: “Qingmao is not only cute but also charismatic. It serves as a cost-effective option for young users while acting as their ‘journey guardian cat.’ Qingmao brings joy to its audience and reflects Dossen’s commitment to delivering affordable yet high-quality lodging experiences.” A Youth-Driven Strategy In 2024, Dossen Group surpassed 100 million members, achieving remarkable growth. Between 2020 and 2023, its membership base grew by 117%, with a compound annual growth rate of 22%. A significant portion of this growth came from younger users, solidifying youthification as a core strategic direction. To appeal to this demographic, Dossen leverages a combination of unique brand identity and emotional value. While maintaining its core promise of “good hotels at affordable prices,” Miao Club enhances emotional connections with its audience through Qingmao’s relatable and endearing personality. Cheng Xinhua underscored the transformative potential of this approach: “The youthification strategy is a vital driver for transforming and upgrading the traditional hotel industry.” Looking Ahead: A New Era for Miao Club The journey with Qingmao is just beginning. As a “travel companion and workplace partner,” Qingmao is set to explore new opportunities to strengthen its role in youth-oriented hospitality. Miao Club aims to continue evolving, delivering innovative experiences, and leading the hotel industry into a new, vibrant era. With Qingmao at its heart, Dossen Hotel Group is not just embracing change—it’s redefining how hospitality connects with the next generation. Hashtag: #Dossen #MiaoClub #Qingmao The issuer is solely responsible for the content of this announcement.

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