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Lao Ministry Reports Major Reading Gains Among Students in Champasack, Attapeu Provinces

Ministry of Education, British Embassy Vientiane, World Vision Support Digital Learning in Rural Communities Throughout Laos.
One of the teachers using a tablet to instruct students.

Over 29,000 young students in the southern Champasack and Attapeu provinces have significantly improved their reading abilities, said the Ministry of Education and Sports on 26 May.

NYALA Digital Asset AG paves new way for digital securities as a profitable investment

FRANKFURT, Germany, May 29, 2025 /PRNewswire/ — The financial world is undergoing a revolutionary transformation, and NYALA Digital Asset AG is positioning itself as a pioneer in this change. This German company is shaping the future of capital markets and opening new paths for businesses and investors alike.

 

NYALA Digital Asset AG
NYALA Digital Asset AG

 

NYALA is the first truly digital alternative to traditional investment banks. The company offers a platform through which stocks and bonds can be issued—without exchanges, banks, or paperwork. Faster, cheaper, and across borders. In doing so, NYALA is democratizing both capital access for companies and investment opportunities for retail investors.

NYALA’s pioneering work is regulated under Germany’s Electronic Securities Act (eWpG) and was recently awarded a government research grant from the German Federal Ministry of Research.

NYALA solves a serious issue: traditional capital markets aren’t built for small and mid-sized enterprises. IPOs require multi-million budgets and specialized legal advisors. As a result, 90% of mid-sized growth companies lack access. This often leads to the most exciting investment opportunities being allocated behind closed doors—to exclusive investor circles.

A New Era for Capital Markets: DPO Instead of IPO

What used to be a costly and complex IPO is now a lean, digital process. NYALA enables so-called DPOs—Digital Public Offerings. Companies issue securities directly to investors via digital channels: through their websites, apps, or partner platforms.

According to Larry Fink, CEO of BlackRock—the world’s largest asset manager—the future of capital markets lies in this kind of digital securities. The market holds enormous potential: by 2030, volumes of over €10 trillion are expected. In Europe, there is an annual funding gap of €800 billion that NYALA aims to close. Already, over 5,000 investors and issuers from six EU countries trust the platform.

An Exciting Announcement for Investors:

With a current share price of around €90, significant short-term potential and a target above €1.000, investors can now participate online—a process as simple as online shopping. And 15% of investments in NYALA can be refunded by the German Office for Economic Affairs. More information at https://digital.nyala.de.

Against this backdrop, the business editors of the FRANKFURTER TAGESZEITUNG see NYALA as one of the pioneers in the digital transformation of the financial sector. NYALA is now expanding across Europe and offers investors the chance to get in early on a promising future. With a solid foundation and a clear growth path, this Berlin-based company is revolutionizing how capital is raised and applied to benefit the European economy. The digitization of finance has begun—and NYALA is leading it forward.

NYALA Digital Asset AG
ISIN: DE000A3EX2V1
More information at: https://digital.nyala.de

 

 

 

Press Contact:
FRANKFURTER TAGESZEITUNG
Mrs. Cyntia Benning
Mail: press@frankfurtertageszeitung.de

META DESCRIPTION:
Discover NYALA Digital Asset AG: Digital securities are revolutionizing the capital market. Yield-driven investments for private investors and new financing routes for SMEs. Join the funding round now!

META KEYS:
NYALA Digital Asset AG, digital securities, financing, investment, retail investors, small and medium-sized enterprises, Digital Public Offerings, DPOs, capital market, FinTech, securities, secondary market, funding round, Berlin, BaFin, ISIN: DE000A3EX2V1

The Durability Collective launches to measure and improve social outcomes

New global community brings together funders, practitioners, and researchers committed to creating and measuring change that lasts

WASHINGTON, May 29, 2025 /PRNewswire/ — Today marks the launch of The Durability Collective – a new global community dedicated to transforming how social-impact organizations design, measure, and deliver lasting impact.

Contrary to conventional wisdom, The Durability Collective believes medium and long-term outcomes measurement can be feasible and low-cost. Too often, funders and practitioners alike feel overwhelmed by the cost and resources required to undertake long-term, intensive impact measurement through traditional methods like RCTs. The Collective believes there are other ways to approach measurement that can complement more formal methods and provide valuable insights that shape sustained impact.

The Durability Collective is convening a global community of stakeholders – including funders, non-profits, multilaterals, and government agencies – committed to measuring and advancing ‘durability’ outcomes. Focusing initially on organizations in the livelihood space, this shift will allow stakeholders to focus on the activities that most advance employment, income, and well-being over time.

The community is launching with a set of inaugural members that includes Autodesk Foundation, Clayton Dubilier & Rice Foundation, Generation, GitLab Foundation, Livelihood Impact Fund, and UBS Optimus Foundation.

Together, they will work to:

  • Make the question “does the change last?” a point of mainstream discussion across the sector
  • Transform sector standards in medium and long-term outcomes measurement
  • Provide deep expertise openly and collaboratively so we can all learn together

To engage a wider network and achieve these goals, The Durability Collective will undertake a set of activities:

  • Durability Academy: Launching in June 2025, the Academy will be a two-year program to equip nonprofits, funders, and government agencies with practical tools and training to adopt effective medium- and long-term measurement practices.
  • Research Partnerships: Collaborating with academic and research institutions to identify interventions that accelerate sustained outcomes and to create an open-source repository of effective approaches.
  • Thought Leadership: Publishing insights, case studies, and best practices to make durability measurement a mainstream component of social impact evaluation.
  • Community Building: Growing a global community where members can come together to exchange challenges, ideas, and innovations.

Ishita Jain, Impact Measurement and Management Lead, Autodesk Foundation, said: “At the Autodesk Foundation, we are constantly seeking to deepen our understanding of impact. The Durability Collective offers a unique opportunity to strengthen our own strategy and contribute to advance the practice as a whole. This initiative represents a shift from merely counting the number of learners served to truly understand what matters – the long term impact on learners’ employment and income.”

Randy Moore, CD&R Foundation President said: “We’re proud to support an initiative focused on long-term outcomes for both talent and the organizations that serve them. Generation’s global track record and the Durability Collective’s practical approach to measuring impact offer an auspicious opportunity for lasting, transformative change.”

Dr. Mona Mourshed, Founding CEO of Generation, said: “At Generation, we believe in the power of employment to change lives, and we define impact along three pillars: Breadth, Depth, and Durability. Breadth is the number of learners and employers we reach with our programs. Depth covers employment and income outcomes soon after program completion. And Durability measures whether these gains are sustained, two to five years later. Durability is often overlooked in our field and across the social sector. The Durability Collective exists to change that. We believe lasting change is the true measure of success – and that measuring it can be both feasible and cost-effective.”

Spencer MacColl, Director of Impact at GitLab Foundation, said: “GitLab Foundation is committed to creating lasting, systemic change, and The Durability Collective reflects our belief that measuring long-term impact is essential. By bringing together global funders, practitioners, and researchers, we’re building a shared infrastructure for learning and accountability that drives enduring progress.”

Jeremy Hockenstein, Managing Director, Livelihood Impact Fund, said: “The mission of the Livelihood Impact Fund is to meaningfully and durably improve the lives of the global poor – and to do that we need to understand how the programs and leaders we support create change over the course of years, not months. The Durability Collective will help us, our partners, and the sector do this more effectively.”

Nalini Tarakeshwar, Deputy CEO, UBS Optimus Foundation, said: “We are pleased to support the launch of The Durability Collective in partnership with Generation and the other founding members. The Collective’s aim – to mainstream the importance of measuring lasting change – aligns closely to the UBS Optimus Foundation’s approach of driving systemic and catalytic change, underpinned by a focus on measuring outcomes. We believe it can be part of a scalable solution to the global employment crisis created by the mismatch between skills and decent work, a crisis which disproportionately affects young women from the most marginalized backgrounds.”

If you are interested in joining The Durability Collective or learning more, you can visit durability.net.

About The Durability Collective

The Durability Collective is a global community of funders, practitioners, and researchers who are building our collective capability to measure social impact and create change that lasts. Contrary to conventional wisdom, we believe medium and long-term outcomes measurement can be feasible and cost effective. For more, visit durability.net

How Are Uzbekistan Youth Learning New Vocational Skills at the Luban Workshop?

BEIJING, May 29, 2025 /PRNewswire/ — Finding Answers in China from China.org.cn:

How does the Luban Workshop–an international platform named after the renowned ancient Chinese craftsman–open the “door of opportunity” for the youth of Uzbekistan? In what ways does it tailor its approach to the specific context of the country, cultivating urgently needed talents for local economic and social development?

With these questions in mind, Kateryna Danylova, host from CICG Europe-Asia, joins Abrikulov Farrukh Nabijon Ugli, a student at the Luban Workshop, to step into the classroom and learn more about the Luban Workshop.

How Are Uzbekistan Youth Learning New Vocational Skills at the Luban Workshop
How Are Uzbekistan Youth Learning New Vocational Skills at the Luban Workshop

How Are Uzbekistan Youth Learning New Vocational Skills at the Luban Workshop?
https://youtu.be/jM6C0SjNndo

Thai Parliament Passes Cybercrime Decree Mandating Banks, Telecom Providers to Compensate Scam Victims

Thai parliament on 26 October 2020. (Photo: Jonathan Klein/AFP)

Thailand’s House of Representatives has passed a new Royal Decree aimed at tackling the growing threat of online scams, with a key provision requiring banks and telecommunications providers to compensate victims of fraud.

The decree was approved on 28 June with 452 votes in favor, none opposed, and two abstentions. 

Under the new law, financial institutions and telecom operators will be held jointly accountable if they fail to prevent fraud linked to suspicious accounts or phone numbers. 

This includes requirements for more stringent screening processes and quicker action when fraud is detected.

Deputy Prime Minister Prasert stated that Thailand’s 2023 Royal Decree on combating technological crimes has become insufficient to address the evolving tactics of call center gangs. 

The revised legislation aims to modernize the legal framework by speeding up refunds to victims, enhancing the efficiency of freezing fraudulent accounts, establishing joint responsibility for banks and telecom providers when they fail to take proper action, and strengthening regulations on suspicious transfers involving digital assets.

Wiroj Lakkhanaadisorn, Member of the House of Representatives of Thailand, emphasized that call center gangs are no longer just scammers deceiving individuals, but criminals causing widespread social harm and undermining the national economy. 

The new decree is expected to strengthen the oversight powers of agencies responsible for payment systems and telecom services, ensuring faster intervention and fairer redress for those affected by cyber fraud.

EuroCham Laos Reviews 2024 Progress, Elects New Board at Annual Meeting

Stefano Pighin, Executive Director of EuroCham Laos (left) and Mette Boatman, President of EuroCham Laos (right)

The European Chamber of Commerce and Industry in Laos (ECCIL EuroCham Laos) held its Annual General Meeting on 22 May, at Amari Vientiane.

XTransfer to Debut as a 4-Star Sponsor at Money20/20 Europe 2025


AMSTERDAM, NETHERLANDS – Media OutReach Newswire – 29 May 2025 – XTransfer, the world’s leading and China’s No.1 B2B cross-border trade payment platform, is excited to announce its debut participation in Money20/20 Europe 2025 as a 4-star sponsor. The prestigious fintech event will take place from June 3 to 5, 2025, in Amsterdam, bringing together global visionaries, innovators, and decision-makers from across the financial technology ecosystem.

XTransfer to Debut as a 4-Star Sponsor at Money20/20 Europe 2025
XTransfer to Debut as a 4-Star Sponsor at Money20/20 Europe 2025

XTransfer’s presence at Money20/20 Europe marks a significant milestone in its global expansion journey. As a first-time sponsor, the company will lead a series of high-impact sessions and strategic engagements, showcasing its cutting-edge solutions and vision for inclusive cross-border finance.

The event will feature a keynote product pitch by Bill Deng, Founder and CEO of XTransfer, who will introduce the company’s latest cross-border payment innovations tailored for Small and Medium-sized Enterprises (SMEs) in emerging markets. In addition, multiple signing ceremonies will be held to formalise new global partnerships, reinforcing XTransfer’s commitment to enabling seamless international trade.

XTransfer will also host a Fireside Chat featuring leaders from top global banks to discuss how technology, collaboration, and compliance are unlocking new opportunities in the cross-border payment industry on 4th June, 11:30 AM at XTransfer’s booth.

Further strengthening its strategic position in Europe, XTransfer recently obtained the Electronic Money Institution (EMI) license in the Netherlands. This significant achievement enables XTransfer to offer comprehensive, compliant, and localised payment solutions to SMEs in the Netherlands. The license forms a critical part of XTransfer’s vision to build a global financial network that empowers SMEs to grow and trade internationally with ease.

During the event, Bill Deng will also meet with government officials and executives from international banks and financial institutions to explore opportunities for deeper cooperation and innovation in the cross-border financial infrastructure landscape.

“We are honoured to join Money20/20 Europe for the first time as a 4-star sponsor,” said Bill Deng, Founder and CEO of XTransfer. “This is a milestone moment for XTransfer as we continue expanding our global footprint. We look forward to sharing our vision, engaging with industry leaders, and exploring new partnerships that will advance the future of the global trading and payment industry.”

Money20/20 Europe is widely recognised as the premier destination for the global fintech community. XTransfer’s participation marks a bold step forward in its mission to provide secure, efficient, and affordable cross-border financial services to SMEs around the world.

Visit XTransfer at Booth 1G10 to learn how we are transforming the future of cross-border B2B payments.
Hashtag: #XTransfer #Money2020EU #Crossborder #Payment #SMEs





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

Singapore Unveils Insights from World’s First Technical Testing of Real World Applications of GenAI

  • First Global AI Assurance Pilot brought global testing companies and GenAI deployers to test real world uses
  • World’s first Starter Kit for Gen AI applications to provide practical guidance to industry
  • AI Singapore and the UN Development Programme to strengthen AI literacy and expand AI access and opportunity     

SINGAPORE, May 29, 2025 /PRNewswire/ — Singapore unveiled key insights from its Global AI Assurance Pilot, an initiative to catalyse emerging norms and best practices around technical testing of Generative AI (GenAI) applications. These insights then provided the blueprint for the world’s first Testing Starter Kit for GenAI applications, which is now open for views. These global initiatives were announced by Mr Tan Kiat How, Senior Minister of State for Digital Development and Information at the ATxSummit 2025, the flagship event of Asia Tech x Singapore (ATxSG). These efforts put Singapore at the forefront of efforts to operationalise AI safety, accelerate trusted and responsible AI adoption and deployment, and promote international cooperation for AI that benefits all.

Global AI Assurance Pilot 

2. To encourage safe adoption of AI in industries, the Global AI Assurance Pilot was launched in February 2025, an initiative by the AI Verify Foundation (AIVF) and Infocomm Media Development Authority (IMDA) to catalyse emerging norms and best practices around technical testing of Gen AI applications. The pilot received strong interest from both local and international AI stakeholders, especially from companies deploying Gen AI in their business process. In the pilot, 16 specialist AI testers were paired with 17 deployers of real-world Gen AI applications – from 10 different industries including finance, healthcare, HR, people and public sectors.  

3. An example of a key finding from the pilot was that Gen AI risks are often context-dependent (specific to industry, use case, culture, language and organisation). To narrow risks and tests for specific situations is a challenge and the recommendation is to involve subject matter experts throughout the application lifecycle. AIVF and IMDA will continue to work with industry to refine the pilot.  

Testing Starter Kit for Gen AI Apps 

4. IMDA also announced plans to develop a first of its kind Testing Starter Kit for Gen AI applications. The Starter Kit generalises key insights from the Assurance Pilot and consultations with other practitioners to provide practical testing guidance for all businesses developing or leveraging GenAI applications, across sectors and use-cases. The Starter Kit provides a step-by-step guide on how to think about risks to be concerned about, highlighting common ones like hallucination, undesirable content, data disclosure, and vulnerability to adversarial prompts, and subsequently how to test the Gen AI applications. IMDA is calling for views from the industry on this Starter Kit on the testing guidance as well as recommended tests for the four identified risks.  

5. The Starter Kit is complemented by testing tools such as Project Moonshot, which provides a platform enabling businesses to implement the testing guidance. The Starter Kit will continue to expand to address emerging risks and testing requirements in tandem with technological developments.  

6. Both the Assurance Pilot and Starter Kit aim to uplift the capabilities of businesses in the safe deployment of Gen AI applications and build overall trust in the AI ecosystem.  

Singapore continues to harness AI for Public Good for Singapore and the World 

 7. Singapore believes in harnessing AI for Public Good and that AI can uplift economic potential, enhance social impact and meet the needs and challenges of our time. AI Singapore (AISG) will be signing a Memorandum of Understanding with the UNDP to advance AI literacy in six pilot countries aimed at closing the AI literacy divide and transforming communities in developing countries. This partnership will extend AISG’s successful AI for Good (AI4Good) programme – initially launched in 2024 to bolster national AI capabilities across Asia – to an international scale.

AISG’s AI Student Developer Conference  

8. The AI Student Developer Conference (AISDC) led by AI Singapore (AISG) brought together over 1,000 students and 60 industry partners in a two-day event dedicated to artificial intelligence innovation and talent development. A key highlight is the National AI Student Challenge (NAISC), where students from six ASEAN countries (Singapore, Indonesia, Malaysia, Thailand, Philippines, Vietnam) compete to tackle real world problems through LLM fine-tuning and prompt engineering. The conference has expanded to include ASEAN participation through its first regional challenge track, underlining Singapore’s role in fostering AI talent development and collaboration across Southeast Asia. Mdm Rahayu Mahzam, Minister of State at the Ministry of Digital Development and Information will deliver the closing remarks at this event.  

Women in Tech  

9. Mrs Josephine Teo, Minister for Digital Development and Information, spoke on a panel ‘Success to Significance – Leaders Building Communities” which explored how successful Women in Tech can and have been playing impactful roles in “paying it forward” and creating equally successful communities of women. On the panel with Minister Teo were Ms Jane Sun, CEO of Trip.com, Ms Tan Su Shan, CEO of DBS Group, moderated by Professor Annie Koh, Professor Emeritus of Finance (Practice), Singapore Management University.

Contact: atxsg.imda@archetype.co