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Lottery Error Triggers Broader Debate Over Scam Cases and Banking Safeguards in Laos

The correct and wrong lottery number during the lottery mistake incident. (Photo by PaNoy Bouttavong)

A mistake during a national lottery broadcast has evolved into a broader public discussion about digital banking security and the handling of scam-related transactions in Laos.

On 7 February, Lao National Television acknowledged that it displayed the wrong six-digit number during the 6 February Lao Development Lottery draw. The correct winning number was 837430, not 387430 as initially shown.

The victim named PaNoy Bouttavong posted on her facebook showing that she brought the mistake lottery number and her complain. (Photo by PaNoy Bouttavong)

The broadcaster stated that the official result had been properly recorded and certified by the central lottery committee and issued a public apology for the on-screen error.

The situation intensified after a Facebook user, PaNoy Bouttavong, shared screenshots claiming she had received a lottery prize payment before it was reversed about 30 minutes later. According to her post, the lottery application showed she had won the six-digit prize and transferred funds into her account, but the amount was later withdrawn after the mistake was identified.

Her post quickly gained attention, with many questioning how such a large transfer could be reversed so rapidly.

Online Reaction Expands Beyond the Lottery

Toun Sengmone pointed out the situation linking it to scamming

The issue broadened beyond the lottery error when digital influencer Toun Sengmone, released a video that quickly received over 500,000 views. 

He transactions quickly in cases like the lottery mistake, while victims of online scams or mistaken transfers often struggle for weeks or months to recover lost funds.

Mitlisa Latxavong Lao sicussed the situation about the scam

Another social media user shared a video viewed more than 800,000 times, recounting how a friend allegedly lost savings and received limited assistance from the bank. 

She raised concerns about whether stronger consumer protection measures and transaction freeze mechanisms should be in place.

Bank Response and Rising Scam Reports

A BCEL announcement after the backlash from the lottery mistake problem. (Photo by BCEL)

Banque Pour Le Commerce Exterieur Lao Public (BCEL) later clarified that it acted under instructions from the lottery distributor after the broadcast error was confirmed. 

The bank said it serves as the payment service provider for the lottery agent and processes transactions according to agreed procedures. Its statement addressed only the lottery case and did not comment on broader scam-related issues.

Although authorities have corrected the lottery error, public questions remain about digital safeguards, transaction reversals, and protections for victims of online fraud. 

VinFast VF 8: The ‘Just In Case’ Electric SUV for Modern Families

Built for growing families and unpredictable schedules, the VinFast VF 8 combines spaciousness, towing capacity, advanced safety features, and long-term warranty coverage in an electric SUV that handles daily routines and unexpected detours alike.


DUBAI, UAE – Media OutReach Newswire – 12 February 2026 – In the Middle East, families rarely plan only for what is certain. A typical week can shift quickly from school runs and office commutes to last minute road trips, extended family visits, or a spontaneous decision to tow something sizeable across town.

Photo

The VinFast VF 8 is positioned as a “just in case” SUV, engineered to address these varied and dynamic demands.

Firstly, the VF 8’s 2,950 mm wheelbase provides ample rear legroom, not the kind that appears generous only in images. The cabin accommodates child seats, growing teenagers, or visiting relatives without compromise. When additional cargo space is needed, the 60:40 split folding rear seats allow the space to adapt quickly.

In terms of capability, the VF 8 can tow up to 1,800 kg when properly equipped. For families with boats, trailers, or desert camping equipment, that figure translates into practical reassurance that the man of the house will not have to decide which items stay behind. The vehicle demonstrates that electric powertrains do not inherently limit utility.

On open highways between cities, the VF 8 delivers composed and confident performance. Plus variant, equipped with all-wheel drive, produces up to 402 horsepower and provides smooth, immediate acceleration for overtaking. The Eco version offers up to 493 km of range under NEDC standards, sufficient for most daily routines and many intercity drives without constant planning around charging stops.

Comfort, particularly in the Middle Eastern climate, is essential. The VF 8’s dual zone automatic climate control system, with integrated air quality management, ensures that cooling is evenly distributed and adjustable to different preferences.

For safety, the VF 8 comes equipped with 11 airbags and a comprehensive Level 2 driver assistance suite that includes Adaptive Cruise Control and Lane Keeping Assist. These technologies support the driver during heavy traffic or long highway stretches, reducing fatigue and providing added reassurance for parents.

Ownership confidence is a significant advantage of the VF 8. VinFast addresses reliability concerns with a 10-year/200,000-km vehicle warranty and a 10-year unlimited kilometer battery warranty. The vehicle also includes 5 years or 100,000 km of free service, whichever comes first. For families considering their first electric vehicle, these commitments shift the conversation from hesitation to practicality.

The VinFast VF 8 does not attempt to reinvent family SUV expectations. Instead, it focuses on enhancing daily usability while remaining prepared for unexpected needs. It is a “Just In Case” vehicle, handling routines, road trips, and everything that arrives unannounced.

Hashtag: #VinFast #V8

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

JUSTCO OPENS FIRST LUXURY COWORKING SPACE IN SINGAPORE, AIMS TO DOUBLE APAC FOOTPRINT BY 2029

  • THE COLLECTIVE Labrador Tower marks JustCo’s first luxury concept in Singapore and fifth in Asia
  • Official opening officiated by Mr Alvin Tan, Minister of State, Ministry of National Development & Ministry of Trade and Industry
  • Singapore is the first market to host all three JustCo brands serving flexible workspace needs of the modern workforce
  • Signed leases to open eight new coworking spaces in India, Japan, Korea, Malaysia, Philippines and Taiwan region

SINGAPORE, Feb. 11, 2026 /PRNewswire/ — JustCo, the region’s leading flexible workspace solutions provider, announced today the official opening of THE COLLECTIVE Labrador Tower, its first luxury coworking space concept in Singapore and its fifth THE COLLECTIVE location in Asia to-date, following openings in Tokyo, Osaka, Bangkok and Taipei. The opening was officiated by Mr Alvin Tan, Minister of State, Ministry of National Development & Ministry of Trade and Industry.

[Right to Left] Mr Alvin Tan, Minister of State, Ministry of National Development & Ministry of Trade and Industry, and Mr Kong Wan Sing, Founder and CEO of JustCo, at the official opening of THE COLLECTIVE Labrador Tower
[Right to Left] Mr Alvin Tan, Minister of State, Ministry of National Development & Ministry of Trade and Industry, and Mr Kong Wan Sing, Founder and CEO of JustCo, at the official opening of THE COLLECTIVE Labrador Tower

Mr Kong Wan Sing, CEO of JustCo, said, “We are honoured to have Mr Alvin Tan join us at this milestone occasion. As our home market, we are immensely proud for Singapore to be the first to host all three of JustCo’s brands. THE COLLECTIVE at Labrador Tower is our fifth luxury coworking location to open in the region, and represents our vision of the workplace as a refined sanctuary, where hospitality and well-being are interwoven into the rhythm of daily business.”

“Together with JustCo and the boring office, we have an established portfolio of brands, we are seeking to deliver a comprehensive coworking ecosystem that caters to all market segments, and to position JustCo as a leading operator in Asia Pacific able to shape every facet of tomorrow’s work through our wide network of centres.”

ELEVATING WORK INTO A LIFESTYLE EXPERIENCE

This new flagship location reflects JustCo’s evolution as a multi-brand operator. The company currently operates 50 locations in 10 core APAC business hubs in seven countries under three main brands: the premium “JustCo“, luxury concept “THE COLLECTIVE” and the essentials-focused “the boring office“.

More than an office, THE COLLECTIVE Labrador Tower is conceived as a destination where wellness, hospitality and design coexist. Situated at the intersection of Pasir Panjang and Alexandra Road, the location offers both a prestigious address and a tranquil setting where work, leisure and lifestyle flow together effortlessly.

Key highlights of the space include a nautical themed design comprising soft neutral colours, sculptural contours, and natural wood finishes, inspired by the sea and skyline which are visible from the 30th floor of the Grade A office tower. Members are also treated to abundant wellness and recreational spaces, as well as an unparalleled level of service and excellence, including thoughtfully curated amenities and hospitality-inspired experiences. Personalised concierge services, daily breakfast and evening aperitifs, and wellness programmes are also available to provide members with a unique and enriching experience.

2026 OPENINGS TO INCLUDE ENTRY INTO NEW MARKETS

“Across Asia Pacific, flexible workspace demand is being driven by a strong return-to-office push alongside multi-year secular shifts in how enterprises manage their real estate. As organisations recalibrate portfolios to support hybrid work, flex offices are becoming a core part of their strategy, particularly for premium, hospitality-led workspaces. Even in Singapore, there is still structural headroom for the industry as businesses prioritise capital efficiency, flexibility and scalable workspace solutions,” Mr Kong shared.

Against this backdrop, the company plans to deepen its presence in Asia Pacific in the coming months with its debut into three geographical markets: India, Malaysia and the Philippines. The company has signed new leases to open eight new locations in the coming months under the premium “JustCo” brand and the luxury “THE COLLECTIVE” brand, in these new markets as well as within its existing key markets of Japan, Korea and Taiwan region.

THE COLLECTIVE DLF Cyberpark, JustCo’s first coworking centre in India is located in the finance and technology hub of Gurugram, southwest of New Delhi, and will open later this month (February 2026). Other new centres which are scheduled to open in the coming months include:

  • THE COLLECTIVE Helios Business Park in Bengaluru, India;
  • THE COLLECTIVE Altimus in Mumbai, India;
  • THE COLLECTIVE Parc.1 (Tower 2) in Seoul, Korea;
  • JustCo at JD LUXVIEW in Taipei, Taiwan region;
  • JustCo at Menara Hap Seng 3 in Kuala Lumpur, Malaysia;
  • JustCo at Pioneer House in Manila, the Philippines.

The new centres follow JustCo’s entry into the Vietnam market with its pioneer JustCo branded coworking space located at Riverfront Financial Centre in Ho Chi Minh City, which opened in November 2025, and THE COLLECTIVE Grand Green Osaka in Osaka, Japan, which opened in early December 2025.

PLANS TO DOUBLE APAC FOOTPRINT BY 2029

Mr Kong noted that JustCo’s expansion in the region is timely as flexible offices have evolved from novelty to necessity in the region. The company aims to double its footprint by 2029.

He said, “Demand from enterprises is driving strong growth in flexible workspaces, with the addressable flex office market expanding by around 50% since 2022, outpacing the broader office sector. Yet penetration remains low at just 5%, highlighting substantial structural growth headroom across the region.”

JustCo’s expansion strategy is targeted at key commercial hubs in APAC and focused on high-quality office buildings in strategic locations, underpinned by its vision to become the global benchmark for flexible workspaces and to provide convenient, curated and tech-enabled workspaces tailored to the needs of the modern workforce.

About JustCo

JustCo is the region’s leading flexible workspace partner, connecting businesses, people and ideas through intelligent workspace planning and innovative solutions. With a portfolio spanning three coworking brands; THE COLLECTIVE (luxury); JustCo (premium); and the boring office (essentials), JustCo serves the diverse needs of today’s modern workforce. Founded in 2011 and headquartered in Singapore, the company operates coworking centres across 10 gateway cities in the Asia Pacific region.

An award-winning organisation consistently recognised as a Great Place to Work, JustCo creates high-quality, tech-enabled work environments that enable flexibility and productivity. Beyond workspaces, JustCo partners with landlords to enhance asset value through flexible space solutions and building activation. For more information, visit: justcoglobal.com

Analysis Reveals Three Major Coverage Misunderstanding for Hong Kong Travelers

Cruise, Self-Drive, and Cancellation Disputes on the Rise

HONG KONG SAR – Media OutReach Newswire – 12 February 2026 – As Hong Kong’s outbound travel market surges, so do the headaches involving insurance claims. A recent deep dive by 10Life, the independent insurance comparison platform, shows a growing rift between what travelers think they bought and what their policies actually cover. Their data suggests that large proportion of disputes are born from simple misunderstandings, with the most significant risks lurking in cruise packages, road trips, and complex cancellation clauses.
Cruises and Road Trips: The Newest Coverage Blind Spots
Many travelers assume a standard policy for Japan or Southeast Asia is a “catch-all,” but 10Life experts warn that cruises and multi-leg journeys often fall through the cracks. A surge in rejected claims has been linked to travelers failing to add specific “Cruise Cover” to their plans. Without this specific add-on, high-cost risks like onboard medical treatment or sudden itinerary shifts are frequently excluded.
The story is similar for self-drive travellers. While most people now know to check for “snow driving” exclusions, a major point of confusion remains the difference between a ruined experience perceived loss and an actual monetary loss. For instance, if bad weather prevents you from visiting a famous hot spring, insurers view this as a non-monetary “loss of experience” and won’t pay out. However, if that same weather forces you to book an extra night at a hotel, those specific accommodation costs may be covered (subject to the policy specificity).
The Depreciation Sting: Why Your Lost Gear Isn’t Fully Covered
Losing personal property is a common travel nightmare, yet the relevant insurance policy terms are also frequently misunderstood. 10Life study showed that most policies compensate based on an item’s depreciated value rather than its original price tag. When you factor in strict sub-limits for high-value tech like iPhones or camera with depreciation, the payout is often much lower than expected.
Documentation remains the biggest hurdle for successful payouts. Many claims are dead on arrival because the travellers failed to secure a police report. Furthermore, travelers are often surprised to find that baggage delay coverage typically only applies to the outbound journey. If your suitcase is damaged, most insurers also insist you squeeze the airline for compensation first, only stepping in to cover the “shortfall” that the airline refuses to pay.
The Fine Print Behind “Cancel for Any Reason”
In a post-pandemic world, everyone wants the flexibility to cancel, but the terms “Trip Cancellation” and “Cancel for Any Reason” (CFAR) are often misunderstood. Traditional plans only trigger for “listed events” like severe illness or natural disasters.
Even specialised CFAR policies come with heavy strings attached. These plans usually require you to buy the insurance within a tight window—such as 7 days—of making your first trip deposit. Crucially, they rarely offer a 100% refund, usually only returning a fixed percentage of your prepaid costs.
Clarity Over Cost: The New Standard for HK Travelers
The tide is turning in how Hong Kongers shop for protection. 10Life’s data shows that over half of their users are now looking past the cheapest premiums to compare medical limits, property caps, and cancellation fine print. It is a clear sign that travelers are becoming more sophisticated and demand transparency over marketing fluff. 10Life concludes that for the market to grow healthily, insurers need to place greater emphasis on policy clarity and transparency in claims processes, especially regarding newer product features like CFAR coverage.

Hashtag: #TravelInsurance #Insurance #10Life

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

10Life

10Life is Hong Kong’s leading independent insurance comparison platform, founded by insurance professionals with a single purpose: to make insurance fair. Powered by technology and guided by consumer interest, 10Life delivers fair products, fair advice and fair claims support. Its pioneering product rating system empowers more than 2.3 million users annually to compare insurance with confidence. A team of in-house advisors provides recommendations based solely on customer needs with no hard sell. Independent claims specialists advocate for policyholders, navigating the claims process and challenging insurers when necessary to secure fair outcomes. To learn more or compare insurance products, visit 10Life.com

Big Tree Cloud Holdings Limited Announces Update Regarding Previously Announced Reverse Share Split

SHENZHEN, China, Feb. 12, 2026 /PRNewswire/ — Big Tree Cloud Holdings Limited (the “Company”) (NASDAQ: DSY) today announced that the previously disclosed reverse share split and related corporate actions, including the change in par value, reclassification, and CUSIP number change, will not become effective on February 12, 2026, as previously anticipated.

The renewed effective date of the reverse share split and related corporate actions will be announced at a later time. The Company intends to issue a further press release once the new effective date has been determined.

About Big Tree Cloud

Founded in 2020, Big Tree Cloud is positioned as an international capital platform focused on industrial integration and strategic investment in China’s personal care industry. The Company is committed to empowering industries through capital operations. Currently, Big Tree Cloud is accelerating its expansion into the AI sector. This new business line aims to capture the growing market demand for AI skills, injecting fresh momentum into the Company’s development.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct. The Company cautions investors that actual results may differ materially from the anticipated results, and encourages investors to read the risk factors contained in the Company’s final prospectus and other reports its files with the U.S. Securities and Exchange Commission (the “Commission”) before making any investment decisions regarding the Company’s securities. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law.

Investor Relations Contact
Ting Yan
Phone: +86 15986815865
Email: yanting@bigtreeclouds.com

AXA’s Title-Sponsored “33rd Green Power Hike” Successfully Completes

Jointly promoting “Leave-No-Trace” hiking and environmental conservation for a greener future

HONG KONG, Feb. 12, 2026 /PRNewswire/ — The 33rd Green Power Hike, organised by Green Power and title-sponsored by AXA Hong Kong and Macau (“AXA”), successfully took place on 31 January. The event drew 3,000 participants who competed across the 10km, 25km and 50km categories. This year also marked the introduction of the inaugural “School Cup,” alongside six “Corporate Cup” competitions, further broadening the event’s reach and engagement. As one of Hong Kong’s longest-standing charity hiking and trail-running events, the Green Power Hike continues to enjoy strong support from AXA, which has served as title sponsor for the third consecutive year. This sustained partnership underscores AXA’s commitment to promoting healthy lifestyles and advancing sustainable development within the community.

Distinguished guests including Dr. Cheng Luk-Ki, Director of Green Power, Mr. Johnny Mok, Alternate Chief Executive Head of Financial Institutions at Habib Bank Zurich (Hong Kong) Limited, Mr. Ellick Tsui, Chairman of the Hong Kong Federation of Insurers, Ms. Angela Wong, Chief Marketing and Customer Officer of AXA Hong Kong and Macau, Dr. Joseph Chan, Vice Chairman of The Hong Kong Private Hospitals Association, Dr. Esther To, Assistant Director (Country Parks) for Agriculture, Fisheries and Conservation Department, Mr. Ellis Ip, Council Member of The Hong Kong Association of Property Management Companies and Ms. Connie Siu, Activator (Environmental Education) of Green Power served as officiating guests for the 50km race’s kick-off ceremony and cheered on the participants.
Distinguished guests including Dr. Cheng Luk-Ki, Director of Green Power, Mr. Johnny Mok, Alternate Chief Executive Head of Financial Institutions at Habib Bank Zurich (Hong Kong) Limited, Mr. Ellick Tsui, Chairman of the Hong Kong Federation of Insurers, Ms. Angela Wong, Chief Marketing and Customer Officer of AXA Hong Kong and Macau, Dr. Joseph Chan, Vice Chairman of The Hong Kong Private Hospitals Association, Dr. Esther To, Assistant Director (Country Parks) for Agriculture, Fisheries and Conservation Department, Mr. Ellis Ip, Council Member of The Hong Kong Association of Property Management Companies and Ms. Connie Siu, Activator (Environmental Education) of Green Power served as officiating guests for the 50km race’s kick-off ceremony and cheered on the participants.

This year’s event, themed “From Peaks to Nature,” served as a powerful reminder of our shared responsibility to protect Hong Kong’s natural beauty, inspiring participants to become active guardians of the environment. AXA wholeheartedly supported the cause and encouraged employees, financial consultants, distribution partners, and customers to participate, all committed to promoting “Leave-No-Trace” hiking principles and biodiversity conservation. With dedicated volunteers on site to assist with event logistics and cheer on participants, the Company reaffirmed its united spirit in supporting environmental protection and conservation.

On the day of the event, distinguished guests including Dr. Esther To, Assistant Director (Country Parks) for Agriculture, Fisheries and Conservation Department; Ms. Angela Wong, Chief Marketing and Customer Officer of AXA Hong Kong and Macau; Mr. Johnny Mok, Alternate Chief Executive and Head of Financial Institutions at Habib Bank Zurich (Hong Kong) Limited; Mr. Ellick Tsui, Chairman of the Hong Kong Federation of Insurers; Mr. Ellis Ip, Council Member of The Hong Kong Association of Property Management Companies; Dr. Joseph Chan, Vice Chairman of The Hong Kong Private Hospitals Association; and Dr. Cheng Luk-Ki, Director of Green Power, jointly officiated the kick-off ceremony for the 50km race, demonstrating their support and encouragement to participants. This year’s Green Power Hike raised more than HKD 4.9 million in donations, with all proceeds dedicated to environmental education programmes and nature conservation initiatives.

AXA took part in a variety of competitive events. Alongside competing in the 10 km Green Team category, the Company also participated in the HKFI Cup, Team and Individual (Male and Female) categories across 10 km, 25 km, and 50 km routes. Despite challenging weather conditions on the race day, the AXA team demonstrated remarkable resilience and determination, delivering outstanding performances and earning numerous accolades. Notably, they secured first and second places in the 50 km route of the HKFI Cup, as well as first and third places in both the 25 km and 10 km routes of the HKFI Cup. Additionally, the team achieved second place in the 10 km Green Team category, highlighting their endurance and competitive spirit.

Sally Wan, Chief Executive Officer, AXA Greater China, said, “This year marks the third consecutive year that AXA has proudly sponsored the ‘Green Power Hike,’ and we are thrilled to see the growing positive impact on the community. Most notably, we welcomed the highest number of AXA’s participants ever, setting a record high and reflecting our expanding support within the community. Through this partnership, we have brought together various sectors of the community to promote eco-friendly hiking, enjoy the Hong Kong Island’s beauty of nature, raise awareness of environmental protection and champion healthy living. We believe that fostering healthy minds and lifestyles is essential to building a better, more sustainable future. Looking ahead, we remain committed to responsible corporate citizenship, bolster environmental initiatives in Hong Kong and join forces to foster a more sustainable future.”

With the mission to act for human progress by protecting what matters, AXA strives to be a long-term reliable partner for individuals, businesses, and communities through providing comprehensive protection and innovative products. By upholding sound governance and adopting progressive strategies, AXA remains committed to promoting sustainable development, to create tangible and enduring value for the community, the economy and the environment, aiming to develop a better future for the next generations.

For more highlights of the 33rd Green Power Hike, please visit: https://youtu.be/NABtgLnmAY0?si=Ku-tnfOjhYPqg1XL

Many teams and individual participants from AXA took part in the Green Power Hike to support the “Leave No Trace” campaign.
Many teams and individual participants from AXA took part in the Green Power Hike to support the “Leave No Trace” campaign.

AXA's teams proudly secured first and second places in the 50km route of the HKFI Cup, first and third places in the 25km and 10km routes of the HKFI Cup, and third place in the 10km Green Team category. (Top left: 50km HKFI Cup Champion; top middle: 50km HKFI Cup 1st runner up; top right: 25km HKFI Cup Champion; bottom left: 25km HKFI Cup 2nd runner up; bottom middle: 10km HKFI Cup Champion; and bottom right: 10km HKFI Cup 2nd runner up).
AXA’s teams proudly secured first and second places in the 50km route of the HKFI Cup, first and third places in the 25km and 10km routes of the HKFI Cup, and third place in the 10km Green Team category. (Top left: 50km HKFI Cup Champion; top middle: 50km HKFI Cup 1st runner up; top right: 25km HKFI Cup Champion; bottom left: 25km HKFI Cup 2nd runner up; bottom middle: 10km HKFI Cup Champion; and bottom right: 10km HKFI Cup 2nd runner up).

AXA's volunteer team assisted with distributing supplies, sorting and recycling waste, and cheering participants at race checkpoint, making a meaningful contribution to environmental protection and enhancing the participants’ experience.
AXA’s volunteer team assisted with distributing supplies, sorting and recycling waste, and cheering participants at race checkpoint, making a meaningful contribution to environmental protection and enhancing the participants’ experience.

About AXA Hong Kong and Macau 

AXA Hong Kong and Macau is a member of the AXA Group, a leading global insurer with presence in 50 markets and serving 95 million customers worldwide. Our purpose is to act for human progress by protecting what matters. 

As one of the most diversified insurers in Hong Kong, we offer integrated solutions across Life, Health and General Insurance. We are the largest General Insurance provider and a major Health and Employee Benefits provider. Our aim is to not only be the insurer to provide comprehensive protection to our customers, but also a holistic partner to the individuals, businesses and community we serve. At the core of our service commitment is continuous product & service innovation and customer experience enrichment, which is achieved through actively listening to our customers’ needs and leveraging and investing in technology and digital transformation. 

We embrace our responsibility to be a driving force against climate change and a force for good to create shared value for our community. We are proud to be the first to address the importance of mental health through different products and services and thought leading iconic research. Our overall Sustainability Strategy, with emphasis on climate strategy and biodiversity commitment, is developed based on TCFD recommendations. We are committed to integrating environmental, social and governance factors across our business and strive to contribute to a sustainable future through 3 distinct roles – as an investor, an insurer and an exemplary company.

THIS PRESS RELEASE IS AVAILABLE ON AXA’S WEBSITE: AXA.COM.HK

IMPORTANT LEGAL INFORMATION AND CAUTIONARY STATEMENTS CONCERNING FORWARD-LOOKING STATEMENTS
Certain statements contained herein may be forward-looking statements including, but not limited to, statements that are predictions of or indicate future events, trends, plans or objectives. Undue reliance should not be placed on such statements because, by their nature, they are subject to known and unknown risks and uncertainties and can be affected by other factors that could cause AXA’s actual results to differ materially from those expressed or implied in the forward-looking statements. Please refer to Part 4 – “Risk factors and risk management” of AXA’s Universal Registration Document for the year ended December 31, 2019, for a description of certain important factors, risks and uncertainties that may affect AXA’s business, and/or results of operations. AXA undertakes no obligation to publicly update or revise any of these forward-looking statements, whether to reflect new information, future events or circumstances or otherwise, except as part of applicable regulatory or legal obligations.

Marriott International’s Asia Pacific Excluding China Region Reports Exceptional Growth and Development Momentum in 2025

Asia Pacific excluding China delivers third consecutive year of record development performance with nearly 200 organic deals signed, adding more than 28,000 rooms to its development pipeline

Link to hi-res images and reel here.

SINGAPORE, Feb. 12, 2026 /PRNewswire/ — Marriott International, Inc. (NASDAQ: MAR, “Marriott”) today announced that its Asia Pacific excluding China (APEC) region delivered another outstanding year of growth and strategic expansion in 2025, marking the region’s third consecutive year of record-breaking development activity. The performance reflects strong intra-region travel demand and continued confidence from owners and developers across diverse markets.

“Our record performance in 2025 underscores the strength of Marriott’s growth engine across the region and the enduring confidence our hotel owners place in our brands and operating platform. Sustained intra-regional and international travel demand and a diversified portfolio have enabled us to scale with purpose across markets, segments and development models”, said Rajeev Menon, President, Asia Pacific excluding China, Marriott International. “As we expand into emerging destinations and accelerate conversions and multi-unit agreements, we remain focused on delivering long-term value for owners while creating compelling experiences that resonate with today’s travelers.”

Record Development Activity and Pipeline Expansion

APEC delivered its third consecutive year of record development signings, with 187 organic deals representing more than 28,000 rooms signed in 2025, a 32% year-over-year increase. Underscoring strong owner confidence in Marriott’s diverse brand portfolio and operating platform, the region closed the year with more than 400 hotels and over 86,000 rooms in the development pipeline.

Conversions continued to be a key growth engine, accounting for 35% of total signed deals, reinforcing Marriott’s value proposition for owners seeking speed-to-market and access to a powerful global distribution ecosystem. Multi-unit agreements also contributed significantly, representing close to 30% of total signings, reflecting growing appetite for owners to scale portfolios across markets and brand segments with a single hospitality platform.

The top five growth markets in APEC with the highest number of signings in 2025 were India, Thailand, Vietnam, Malaysia and Japan. India saw the most signings with a record 99 deals representing over 12,000 rooms.

In 2025, Marriott introduced Series by Marriott™ through a founding multi-unit deal in India. The deal resulted in the conversion of 26 hotels to the brand in a single day, adding approximately 1,900 rooms to its portfolio overnight. As of end-2025, the brand has 37 open properties (approximately 2,600 rooms) in 23 cities across India. Operating as Fern Hotels & Resorts, Series by Marriott, the portfolio marks the brand’s inaugural global debut, showcasing a collection of eco-sensitive hotels rooted in sustainability and regional charm, and underscoring Marriott’s ability to scale locally resonant brands at speed.

Brand Momentum Across Segments

Luxury remained a strategic focus in 2025 and accounted for approximately 19% of 2025 organic rooms signings, with JW Marriott, The Ritz-Carlton and Luxury Collection seeing the highest number of signed deals. Insights from Marriott’s Intentional Traveler research continue to point to sustained long-term demand among affluent travelers, who increasingly prioritize wellness, personalization and purpose-driven experiences.

The company strengthened its luxury pipeline in urban and resort destinations, with key luxury signings in 2025, including:

  • JW Marriott Hotel Johor Bahru (est. 2027 opening) – this signing marks the brand’s anticipated arrival in Malaysia’s southern state. The property is set to play a pivotal role in Johor Bahru’s emergence as a dynamic destination for discerning global travellers.
  • Pottuvil, a Ritz-Carlton Reserve (est. 2032 opening) – expected to debut in Sri Lanka along its pristine eastern coast, this highly exclusive property underscores the company’s focus on untapped destinations, offering deeply immersive experiences rooted in nature, culture, and place.
  • The Ritz-Carlton, Fiji, Namuka Bay (est. 2032 opening) – a brand debut in Fiji, anticipated to expand Marriott’s presence in the destination and mark the company’s entry into the Coral Coast.
  • Fraser’s House, a Luxury Collection Hotel, Singapore (opened in January 2026) –, this marks the second Luxury Collection hotel in Singapore, enriching the brand’s footprint in the city with a distinctive blend of heritage, design, and modern luxury.

Marriott’s diversified brand portfolio also fueled growth across midscale and lifestyle segments. The successful introduction of Series by Marriott in India and continued momentum for Four Points Flex by Sheraton underscore Marriott’s strategy of scaling flexible, design-forward brands across the region to meet evolving traveler needs.

Milestone Portfolio Expansion and Emerging Destinations

In 2025, Marriott opened 109 properties across the region and marked a major portfolio milestone with the opening of its 700th APEC property, Legacy Mekong, Can Tho, Autograph Collection.  Set on a private islet in Vietnam’s Mekong Delta, the opening underscores Marriott’s strategy of expanding beyond traditional gateway cities into culturally rich, high-growth emerging destinations. By the close of 2025, Marriott had more than 730 open properties across 22 countries in APEC, spanning 27 brands. Several notable openings during the year marked brand debuts in both established and emerging markets, reinforcing Marriott’s commitment to diversifying its portfolio, capturing new demand drivers, and delivering distinctive, locally inspired experiences across the region. Some key openings include:

  • The Laurus, a Luxury Collection Resort (Oct 2025) – marked the brand’s entry into Singapore, strengthening Marriott’s presence in one of Asia’s premier travel and business hubs.
  • The Halcyon Private Isles Maldives, Autograph Collection (Oct 2025) – debuted in the Maldives, a world-renowned resort destination, offering two private islands to capture demand for seclusion and experiential stays.
  • The Farm at San Benito, Autograph Collection (Dec 2025) – a wellness-oriented resort that represents the brand’s debut in the Philippines, aligning with the rising demand for experiential and wellness tourism.
  • Moxy Kathmandu (Dec 2025)- a lifestyle brand debut in Nepal, tapping into the growing demographic of younger travelers drawn by cultural and adventure travel in emerging destinations.

With a robust development pipeline, strong intra-region demand trends and a diversified portfolio spanning luxury, premium, select service, and midscale segments, Marriott’s APEC region enters 2026 well positioned to continue delivering growth and long-term value for owners and guests.

NOTE ON FORWARD LOOKING STATEMENTS

This press release contains “forward-looking statements” within the meaning of United States federal securities laws, including statements related to our expectations regarding growth and development; ; deal signings and expected future project openings; our development pipeline; the pace and momentum of development activity, conversion activity, multi-unit activity, and growth in certain segments and product tiers; brand debuts; travel demand; hotel owner and guest interest, demand and preferences for our brands and offerings; our delivery of long-term value to hotel owners; and similar statements concerning anticipated future actions and expectations that are not historical facts. We caution you that these statements are not guarantees of future performance and are subject to numerous evolving risks and uncertainties that we may not be able to accurately predict or assess, including the risk factors that we identify in our U.S. Securities and Exchange Commission filings, including our most recent Annual Report on Form 10-K or Quarterly Report on Form 10-Q. Any of these factors could cause actual results to differ materially from the expectations we express or imply in this press release. We make these forward-looking statements as of the date of this press release and undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

ABOUT MARRIOTT INTERNATIONAL

Marriott International, Inc. (Nasdaq: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of compelling brands across luxury, premium, select, midscale, extended stay, and all-inclusive, with over 9,800 properties in 145 countries and territories, as of December 31, 2025. Marriott franchises, operates, and licenses hotel, residential, timeshare, yacht, outdoor, and other lodging products all around the world. The company offers Marriott Bonvoy®, its highly awarded travel platform. For more information, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com. In addition, connect with us on Facebook and @MarriottIntl on X and Instagram.

Marriott encourages investors, the media, and others interested in the company to review and subscribe to the information Marriott posts on its investor relations website at  or Marriott’s news center website at  The contents of these websites are not incorporated by reference into this press release or any report or document Marriott files with the U.S. Securities and Exchange Commission, and any references to the websites are intended to be inactive textual references only.

 

TOKYO CREATIVE SALON 2026 Program Highlights City-Wide Creativity Across Tokyo

TOKYO, Feb. 12, 2026 /PRNewswire/ — TOKYO CREATIVE SALON 2026 (TCS2026) will present an expanded lineup of programs under its core concept of FUTURE VINTAGE, offering visitors a city-wide experience of contemporary creativity across Tokyo.

TOKYO CREATIVE SALON 2026 main image
TOKYO CREATIVE SALON 2026 main image

City Wide Program

At the heart of TCS2026 is the City Wide Program, which transforms Tokyo itself into a creative platform. Across nine areas—each with its own history, culture, and identity—fashion, design, art, and craft installations will unfold throughout the city. Visitors are invited to walk between districts, encountering creativity as part of everyday urban life and experiencing Tokyo’s diverse expressions through movement and exploration.

Tokyo Vintage Fashion Week

A new official program, Tokyo Vintage Fashion Week, will take place from March 13 to March 15, 2026, at Shinjuku Sumitomo Building Triangle Plaza.

Approximately 100 vendors will participate in a vintage market showcasing diverse items, alongside a fashion show that reinterprets the stories, contexts, and craftsmanship embedded in vintage pieces. The program highlights how vintage culture continues to evolve and connect to future styles.

Focus Exhibition: “Tokyo Trace”

Tokyo Trace is a focus exhibition that explores how Tokyo shapes creative expression. Rather than serving merely as a backdrop, the city leaves traces through encounters, landscapes, and cultural layers.

The inaugural edition will spotlight NOMARHYTHM TEXTILE, a globally recognized Japanese textile brand, examining how Tokyo’s influence is woven into its creative process. The exhibition will be held from March 13 to March 15, 2026, at Shinjuku Sumitomo Building Triangle Plaza.

Collaboration with the Mainichi Fashion Awards

Continuing from the previous year, TCS2026 will collaborate with the Mainichi Fashion Awards, one of Japan’s most established fashion honors founded in 1983. Through this partnership, TCS highlights Japan’s fashion culture from both historical and contemporary perspectives, strengthening its international presence.

About the TCS2026 Logo

The TCS2026 logo symbolizes Tokyo’s ability to continuously generate new styles while embracing accumulated cultural layers. Inspired by cherry blossoms—an icon of spring and renewal—the design reflects the city’s creative energy, where diverse influences converge and past expressions evolve into future forms.

Through these programs, TOKYO CREATIVE SALON 2026 presents Tokyo as a living archive of creativity—where past, present, and future intersect.