On 27 November, the British Embassy in Vientiane hosted a vibrant and memorable event to mark the 76th birthday of King Charles III.
British Embassy in Vientiane Celebrates King Charles III’s Birthday

Jeffrey C. Lim of SM Prime Holdings, Inc. Receives Eminent Leader in Asia Award at ACES Awards 2024

BANGKOK, THAILAND – Media OutReach Newswire – 10 December 2024 – Jeffrey C. Lim, President of SM Prime Holdings, Inc., has been instrumental in transforming SM Prime into a leading property conglomerate, a journey now recognized with the Eminent Leaders in Asia Award at the Asia Corporate Excellence & Sustainability (ACES) 2024 Awards.

As a founding member, Lim has been with the company through significant milestones, including consolidating SM Group’s property units in 2013 to establish SM Prime as the Philippines’ largest property conglomerate. Since his promotion to President in 2016, he has driven an expansive, sustainability-focused strategy that has fueled the company’s growth and solidified its commitment to responsible development.
Founded in 1994, SM Prime has evolved from a mall developer into an integrated property developer, recognized for its transformative approach to sustainable urban development across Southeast Asia. This evolution from a focused mall owner to a diversified real estate leader reflects the company’s proactive response to changing market dynamics and its dedication to long-term, responsible growth.
Today, SM Prime boasts a comprehensive portfolio encompassing malls, residential properties, office spaces, hotels and convention centers. Notably, in 2017, it became the first company on the Philippine Stock Exchange to surpass the one trillion peso market capitalization threshold, setting a new benchmark in the country’s corporate landscape.
Under Lim’s management, SM Prime has become a vital contributor to economic growth in the Philippines. Its extensive mall network, which began with just four malls in 1994 and has now expanded to 87 in the Philippines and eight in China, supports over 22,000 local businesses and covers over 11 million square meters of gross floor area. Through SM Development Corporation (SMDC), the company has also developed over 184,000 residential units, addressing critical housing needs while supporting local economic development.
SM Prime has also made significant strides in the hospitality sector with 10 hotels, six convention centers and two trade halls, further stimulating tourism and creating local employment opportunities. Its developments are designed to be economically inclusive and supportive of small businesses, generating a lasting positive impact on the communities they serve.
Sustainability is deeply ingrained in SM Prime’s corporate philosophy. The company has set an ambitious target of achieving net-zero greenhouse gas emissions by 2040, aligning with global standards and partnering with WWF-Philippines to advance renewable energy adoption, energy efficiency, and sustainable construction practices. Water stewardship is another key element of SM Prime’s sustainability initiatives, with the company recycling over 4.4 million cubic meters of water in 2023.
Furthermore, a comprehensive waste management program underscores SM Prime’s dedication to environmental responsibility. In partnership with Japan-based GUUN Co. Ltd, SM Prime is developing infrastructure to enhance waste management and resource recovery, aiming to reduce landfill waste. In 2023 alone, SM Prime managed 165.7 million tonnes of waste, with significant portions recycled, reused, or composted, reflecting a commitment to a circular economy and a waste-free future.
Lim’s leadership style is characterized by a focus on collective success and employee empowerment. “Our success at SM Prime is a testament to the dedication and hard work of our entire team,” Lim shared. “This recognition from the ACES Awards reaffirms our commitment to creating spaces where people and communities can thrive.”
Lim believes that true leadership involves fostering collaboration and aligning the company’s vision with a broader purpose. His focus on well-being and inclusivity in the workplace has cultivated a culture that values each employee’s contribution and encourages growth. This has positioned SM Prime as a company where people feel empowered and motivated.
The ACES Awards, organised by MORS Group, aims to highlight industry leaders who have made significant contributions to sustainable development and business excellence across Asia. Shanggari B, President of the ACES Awards, praised SM Prime and its leadership, stating, “Jeffrey Lim’s leadership is a testament to what can be achieved through dedication and integrity.”
As SM Prime embarks on its next phase of growth, the company remains focused on bringing world-class, sustainable developments to the Philippines, inspired by its commitment to community impact and environmental stewardship. The ACES Eminent Leaders in Asia Award is a significant milestone, reinforcing SM Prime’s role as a leader in shaping the future of real estate and urban development across the region.
Hashtag: #ACESAwards2024 #SMPrime #EminentLeadersinAsia #RegionalRecognition #leadershipexcellence
The issuer is solely responsible for the content of this announcement.
About SM Prime
SM Prime Holdings, Inc. is one of the biggest integrated property developers in Southeast Asia and the largest in the Philippines. Known for its commitment to sustainable urban development and positive community impact, it has a diverse portfolio that includes malls, residential properties, and commercial spaces. This has made it a key player in driving economic growth and enhancing the quality of life across the Philippines
OctaTrader Introduces “Space”: A Popular Analytics Hub Enhancing Trading Decisions

KUALA LUMPUR, MALAYSIA – Pinion Newswire – 9 December 2024 – In 2024, OctaTrader has emerged as a popular trading platform, demonstrating a six-fold year-on-year growth in its user base since its launch in late 2022. Recognized for its seamless and user-friendly experience, OctaTrader now introduces “Space,” a sophisticated analytics hub integrated into its platform, catering to traders worldwide.

Introducing Space: Elevating Decision-Making for Traders
Launched in Q3 2024, Space represents a significant step in financial analytics, combining machine learning algorithms with expert insights to provide predictive analytics and curated trading strategies. Embedded within OctaTrader, Space allows users to access data-driven predictions and integrate them directly into their trading charts in just a few clicks.
This advanced toolkit simplifies decision-making, offering:
- Predictive analytics powered by historical data.
- Expert recommendations.
- Comprehensive educational resources covering technical analysis and financial market fundamentals.
Space ensures that traders, irrespective of experience level, can approach the markets with confidence, reducing the cognitive challenges associated with trading decisions.
OctaTrader’s Holistic Ecosystem
OctaTrader’s ecosystem revolves around four pillars:
- Payments and Transactions: Streamlined and secure for user convenience.
- Trading Platform: Accessible across devices for seamless workflows.
- Space: The newly integrated analytics hub.
- Special Offers: Exclusive features designed to enhance trading experiences.
By consolidating these features into one platform, OctaTrader creates an efficient, secure, and dynamic trading environment.

Driving Innovation Through Client-Centric Development
OctaTrader remains committed to evolving alongside its users’ needs. Continuous research and client feedback drive incremental improvements, making the platform a reliable and innovative choice for traders globally.
Hashtag: #Octa
The issuer is solely responsible for the content of this announcement.
About Octa
Established in 2011, Octa is an international broker offering commission-free access to global financial markets. With over 52 million trading accounts and clients in 180 countries, Octa provides educational resources and analytical tools to support investment goals.
In recognition of its excellence, Octa received the “Best Trading Platform Malaysia 2024” and the “Most Reliable Broker Asia 2023” awards. Beyond its core services, the company is actively involved in humanitarian initiatives, including educational and community support projects.
Cyberport Artificial Intelligence Supercomputing Centre Officially Commences Operations
AI Lab opened synchronously to drive Hong Kong forward a new milestone of “AI Plus”
HONG KONG SAR – Media OutReach Newswire – 9 December 2024 – Cyberport’s Artificial Intelligence Supercomputing Centre (AISC), first of this kind currently in Hong Kong, officially commences operations, and the AI Lab is also open concurrently. The opening ceremony of the AISC and AI Lab was held today at AI Lab and Prof Sun Dong, Secretary for Innovation, Technology and Industry; Ir Tony Wong, Commissioner for Digital Policy; Hendrick Sin, Chairman of the Committee of the Artificial Intelligence Subsidy Scheme (AISS); Simon Chan, Chairman of Cyberport; and Dr Rocky Cheng, CEO of Cyberport officiated at the ceremony. Committee members of the AISS, artificial intelligence (AI) ecosystem partners of Cyberport, and representatives of AI-related enterprises also attended the ceremony to witness the crucial moment of promoting local AI development to a new milestone.
Prof Sun Dong, Secretary for Innovation, Technology and Industry said, “Artificial intelligence (AI) is the most critical technology for ‘new quality productive forces’ in the future. The Government has introduced a number of policies and measures to improve the development of the local AI ecosystem orderly and promote the ‘digital-intelligent’ application of AI. The official establishment of Cyberport’s Artificial Intelligence Supercomputing Centre today will become an indispensable and important pillar of the development of AI in Hong Kong. The supercomputing centre will not only provide advanced computing capabilities to promote industry development, but also become a cradle for converging and cultivating AI-related quality professionals. The supercomputing centre will bring together talents specialising in computing power, data and algorithm technology, coupling it with Cyberport’s AI Lab, Cyberport will provide an innovative platform for AI ecosystem partners and enterprises to connect with relevant application scenarios, explore product innovations and integrate with technologies, facilitating the transformation and application of more technologies, thereby injecting new impetus into the high-quality development of Hong Kong’s economy”.
Simon Chan, Chairman of Cyberport said, “The official commencement of Cyberport’s AISC signified the development of local AI ecosystem and industry has risen to a new height, broadening the prospects for the innovation and technology (I&T) advancement. The computing power of the first-phase facility provides 1,300 PFLOPS this year, and it will increase to 3,000 PFLOPS next year to meet the growing demand for computing power in the technology sector. With the opening of AI Lab concurrently, it leverages the research and development (R&D) capabilities of ecosystem partners to create a heterogeneous computing platform, which enables joint development of innovative AI products across different industries and use cases to facilitate the transformation and realisation of R&D outcomes as well as empowers communities and business sector to drive intelligent transformation. Additionally, it will enhance Hong Kong’s R&D capabilities to attract more cutting-edge technology projects and talents from Mainland China and around the globe to the city, thereby solidifying Hong Kong’s status as an international I&T hub.”
To promote the development of AI in Hong Kong, the HKSAR Government announced in the 2023 Policy Address that Cyberport would set up an AISC in phases from this year onwards to provide research teams with the necessary computing hardware. In addition, the HKSAR Government also announced in the 2024-2025 Budget that HK$3 billion were allocated to Cyberport to implement a three-year AISS, which mainly provides funding support to five categories of eligible entities, including local institutions, R&D centres and enterprises to utilise the computing power of the AISC to achieve more breakthroughs in scientific research.
The first phase of the AISS was launched in early October and multiple applications from eligible entities, including AI start-ups, local institutions, R&D centres, and strategic enterprises, were received. The funding has also been set aside to facilitate works including strengthening the cyber and data security of AISC in addition to promotion and education. It’s expected the scheme will allow the industry to make good use of the computing facilities as well as attract relevant talents, enterprises and R&D projects from Mainland China and around the world to land in Hong Kong, thereby providing necessary support to facilitate the many aspects of local AI and related industries developments.
The AI Lab launched today brings together the R&D capabilities of AI ecosystem partners in Hong Kong, providing them with an interactive space to showcase AI solutions and launch service products. Nearly 15 companies showcased their innovations at the ceremony, including local start-ups, strategic enterprises based at Cyberport, and ecosystem partners, to facilitate AI-related R&D and collaborations. Furthermore, the AI Lab provides AI ecosystem partners and enterprises with a platform to experience different supercomputing tools, explore product innovations, converge technologies, which could be applied to different industries and use cases to promote the transformation and realisation of innovative technologies, thereby driving new quality productive forces to foster the development of digital economy and smart city.
With the AISC as its core engine, Cyberport has built a comprehensive AI ecosystem that encompasses computing power, general and professional large models, model risk assessment, industry application support, governance and ethics discussions, and more, which gathers talent and innovative resources from the Mainland China and overseas to support innovative R&D and applications spanning across the AI ecosystem chain to accelerate industry development.
Currently, Cyberport houses more than 330 start-up enterprises specialising in AI and big data, including many strategic enterprises that have established operations in Cyberport, including D2 Intelligence, LAiPIC, Saunova, and beyond. Cyberport also fosters collaborations with leading AI enterprises including Baidu, Huawei and Inspur Cloud, and interconnects with start-up enterprises with the combination of their R&D capabilities in computing development, large model building, and more to promote the innovation and application of AI R&D. The strategic enterprises attracted to Hong Kong have invested capitals, technologies and talents to develop international headquarters. Through Hong Kong as an international springboard, they can “go global” to enable internationalisation of their AI products and services.
Hashtag: #AI #Cyberport #startup #innovation #AILab #AISC #AISS
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About Cyberport
Cyberport is Hong Kong’s digital technology flagship and incubator for entrepreneurship with over 2,100 members including over 900 onsite and over 1,200 offsite start-ups and technology companies. It is managed by Hong Kong Cyberport Management Company Limited, wholly owned by the Hong Kong Special Administrative Region Government, and committed to the vision to inject new impetus into digital economy and smart city development through innovation and technology, and to connect enterprises to Mainland China and overseas markets. Cyberport strives to nurture a vibrant tech ecosystem by cultivating talents, promoting entrepreneurship among the youth, supporting start-ups, fostering technology industry development by promoting strategic collaboration with local, Mainland Chinese and international partners, and integrating new and traditional economies by accelerating digital transformation in public and private sectors.
For more information, please visit www.cyberport.hk.
Taking a Leaf Out of Xanh SM’s Book: Jakarta’s Path to Green Taxis

HANOI, VIETNAM – Media OutReach Newswire – 9 December 2024 – By electrifying its taxi fleet, Jakarta could significantly reduce emissions and improve air quality, as shown by the success of electric taxis in cities around the world. One standout example is Xanh SM in Vietnam, which has also reshaped public attitudes toward electric vehicles (EVs).

Jakarta is no stranger to air pollution, frequently ranking among the world’s most polluted cities. In fact, it topped IQAir’s global rankings as the world’s most polluted city just this June[1].
This pollution is more than a nuisance—it is a menace to public health. Agus Dwi Susanto, chairman of the Indonesian Society of Respirology, describes it as a “silent killer.”[2] Research from the Society shows that outdoor workers in Jakarta face heightened risks of respiratory illness due to the city’s poor air quality. The main culprit? Transportation, which accounts for a staggering 44% of Jakarta’s air pollution[3].
With vehicle emissions dominating the city’s pollution profile, the urgency for cleaner transport solutions has never been clearer. Amid this crisis, electric taxis offer a dual opportunity: they reduce emissions and reframe public perception of sustainable mobility.
Jakarta’s Struggle with Vehicle Emissions
The engine of Jakarta’s economy is also its greatest environmental burden. Roughly 24 million vehicles traverse the city’s roads daily[4], spewing harmful particulate matter and nitrogen oxides into the air.
To combat this, Jakarta has implemented aggressive measures. Two low-emission zones (LEZs) now restrict high-emission vehicles, encouraging the use of cleaner alternatives like electric cars. The odd-even license plate rule further incentivizes EVs by exempting them from traffic restrictions. Additionally, emissions testing for certain vehicles adds another layer of accountability. Still, while these initiatives are essential, they are not enough to solve the problem. The most promising path forward lies in electrifying transportation.
Electric taxis’ role in bringing about cleaner air is clear. In Guangzhou, China, a 2021 study published in Environmental Science & Technology found that electric taxis reduced particulate matter by 34% and nitrogen oxides by 51%[5]. A 2024 analysis further that replacing gasoline cars with EVs reduced emissions by 8.72 kilograms of CO₂ per vehicle each month[6]. Meanwhile, in Cambridge, UK, electrifying 10% of the Hackney Carriage fleet lowered NOx emissions in city centers by 11%[7].
Beyond reducing pollution, electric taxis are catalysts for public awareness. Each one becomes a moving billboard for sustainability, normalizing EVs and encouraging individual adoption. In that sense, taxi fleets have a unique ability to accelerate the transition to sustainable transportation.
Lessons from Xanh SM: A Blueprint for Jakarta
Electric taxis are more than a local solution; they’re part of a worldwide movement, with major cities in North America and Europe leading the charge.
Closer to home, Jakarta can draw inspiration from Vietnam’s success in green transportation, led by Xanh SM, the country’s largest pure-electric taxi operator. Since launching in Hanoi in 2023, Xanh SM has expanded to 56 of Vietnam’s 63 provinces and cities. Its fleet of 80,000 vehicles—including electric cars, e-bikes, and partner-operated units—serves millions of passengers daily[8]. Collectively, these efforts have cut 100,000 tons of CO₂ emissions annually, equivalent to the carbon absorption of 4.7 million trees[9].
As the world’s first multi-platform green transportation company, Xanh SM has also committed to making electric vehicles accessible to the masses. By embedding sustainability into daily life, it raises public awareness about the convenience, intelligence, and environmental benefits of green mobility.
“Xanh SM is regarded as the top provider in terms of service quality, coverage, fleet size, and customer satisfaction, outperforming both traditional and tech-based taxi services,” noted Mordor Intelligence[10]. This success underscores the viability of large-scale electrification—a model Jakarta could replicate.
Positioning Jakarta as a Green Leader
Jakarta’s electrification efforts are already underway, with initiatives like electric buses and charging infrastructure paving the way. But the city’s immense market potential and government backing make it well-positioned to achieve even more. Electric taxis, when scaled properly, hold the potential to not only alleviate Jakarta’s pollution crisis but also position Indonesia as a regional leader in sustainable transportation.
This transformation will take time, but the momentum is building. Through government policies, private sector innovation, and public engagement, Jakarta could emerge as a global success story for clean mobility.
Indonesia, with Jakarta at the forefront, is demonstrating strong leadership in fostering sustainable growth. This approach not only underscores Indonesia’s dedication to protecting the environment but also serves as an inspiring call for businesses and communities to unite towards a greener future.
Hashtag: #XanhSM
The issuer is solely responsible for the content of this announcement.
Gorilla Technology Launches Self-Branded AI GPUs in Groundbreaking Partnership with Edgecore Networks

London, United Kingdom – Newsfile Corp. – December 9, 2024 – Gorilla Technology Group Inc. (NASDAQ: GRRR) (“Gorilla” or the “Company”), is thrilled to announce a groundbreaking partnership with Edgecore Networks, a leader in open networking and AI infrastructure solutions. This collaboration propels Gorilla into a new frontier with the introduction of its Self-Branded Exclusive AI GPUs, powered by Intel’s Gaudi architecture through Edgecore’s advanced hardware platforms.
Leveraging Edgecore’s premier products, including advanced AI data center technologies, its 800G super spine switches and AI Networking platforms, Gorilla will introduce white-labelled AI GPUs and Networking solutions built on Intel’s Gaudi architecture, delivering cutting-edge compute power to regions struggling to meet their AI and machine learning requirements. These GPUs are at the heart of Gorilla’s mission to enable smart cities and enterprises to thrive in an AI-driven world.
“With the launch of our self-branded AI GPUs, Gorilla is not merely participating in the AI compute market; we believe we are redefining it by boldly addressing underserved regions and shaping the future of intelligent urban infrastructure,” said Jay Chandan, Chairman and CEO of Gorilla. “Our partnership with Edgecore Networks will enable us to deliver high-performance, cost-effective solutions that meet the surging demands of AI-powered smart cities and enterprises worldwide. This partnership underscores our commitment to democratizing intelligent urban infrastructure, transforming city operations and enhancing the quality of life for citizens worldwide.”
Andy Wu, Chairman and President of Edgecore Networks commented, “We are thrilled to see Gorilla Technology leveraging our innovative total AI solutions, including 800G AI switch and Gaudi GPU server, to drive the next wave of AI services. Together, we are shaping the future, transforming industries, and unlocking new possibilities. We remain committed to providing the technology and support that enable our partners to excel and bring groundbreaking AI-driven value to customers.”
A Disruptive Force in AI Compute
This partnership will enable Gorilla to offer cost-effective, high-performance AI solutions that leverage cutting-edge GPU technology and Edgecore’s networking expertise. By combining these elements with Gorilla’s AI capabilities, we believe cities and enterprises can gain access to scalable, efficient smart infrastructure solutions that address their specific needs and budgets.
Key highlights include:
- Next-Generation AI Data Centers: With AI GPUs, built on Intel’s Gaudi processors, Gorilla will be offering high-performance 800G Ethernet switching solutions optimized for AI/ML workloads, which will enable cities to harness the power of artificial intelligence for improved services and decision-making.
- Scalable Cloud Infrastructure: Delivering SDN fabric-based solutions that allow easy setup, provisioning, and scaling to meet the evolving needs of growing urban centers.
- Comprehensive Networking Portfolio: Supplying a full range of networking solutions from edge to core, facilitating seamless connectivity across all urban systems and services.
- Cost-Conscious Innovation: Offering a favorable price-to-performance ratio unmatched in the industry, Gorilla’s solutions democratise access to AI infrastructure.
- Sustainability at Scale: Gorilla and Edgecore’s combined expertise enables energy-efficient AI deployments to support global carbon-neutral goals.
Pioneering Smart City Growth Globally
Gorilla’s AI solutions, powered by advanced GPU technology, are engineered to meet the escalating compute demands of cities undergoing rapid digital transformation. According to various third-party market reports, the smart cities global market is projected to grow from USD 1.36 trillion in 2024 to USD 3.84 trillion by 2029, at a CAGR of 23.21%. This partnership with Edgecore strategically targets key regions where smart city initiatives are driving the need for scalable and affordable AI infrastructure, including the Asia-Pacific, Middle East and North Africa (MENA), Latin America and United States markets. We believe Gorilla is well positioned to benefit from the vast opportunities for its AI GPUs to empower smart city growth across these dynamic regions.
Transforming the AI Landscape
Dr. Rajesh Natarajan, CTO of Gorilla Technology Group, stated, “This partnership marks a quantum leap in our smart city capabilities. By integrating Edgecore’s robust networking solutions with our cutting-edge AI technologies, we’re not just connecting cities – we’re breathing intelligence into their very infrastructure. We believe this synergy will catalyze a new era of urban innovation, where data flows seamlessly from edge to core, empowering cities to anticipate needs, optimize resources and enhance quality of life. Moreover, our focus on cost-effective innovation ensures that these transformative technologies are accessible to cities of all sizes and budgets, truly democratizing smart city development.”
A Glimpse into the Future
Gorilla’s strategic roadmap includes targeting potential deployments of its AI GPUs to over 50 planned or proposed AI datacentres by 2032, with plans to expand further into underserved markets by 2035. The Company is positioning itself as the go-to provider for cost-effective, scalable AI solutions that empower cities, businesses and governments to harness the full potential of artificial intelligence.
The integrated solutions will be available under Gorilla’s brand, providing cities with a trusted, single-source provider for their smart infrastructure needs. This approach will simplify procurement, facilitate compatibility and offers unique support for urban planners and city officials.
This partnership is a bold step forward in Gorilla’s journey to become the backbone of an AI infrastructure revolution.
About Gorilla Technology Group Inc.
Headquartered in London U.K., Gorilla is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology. We provide a wide range of solutions, including, Smart City, Network, Video, Security Convergence and IoT, across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education, by using AI and Deep Learning Technologies.
Our expertise lies in revolutionizing urban operations, bolstering security and enhancing resilience. We deliver pioneering products that harness the power of AI in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics and advanced cybersecurity technologies. By integrating these AI-driven technologies, we empower Smart Cities to enhance efficiency, safety and cybersecurity measures, ultimately improving the quality of life for residents.
For more information, please visit our website: Gorilla-Technology.com.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Gorilla’s actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “might” and “continues,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, statements regarding our beliefs about the capabilities of our GPU offering, our ability to deliver products at competitive prices, our ability to service our customers, the growth of the Smart City market, the capabilities of our third party vendors, our ability to attract the attention of customers and win additional projects, along with those other risks described under the heading “Risk Factors” in the Form 20-F Gorilla filed with the Securities and Exchange Commission (the “SEC”) on May 15, 2024 and those that are included in any of Gorilla’s future filings with the SEC. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Most of these factors are outside of the control of Gorilla and are difficult to predict. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Gorilla undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.
Investor Relations Contact:
Dave Gentry
RedChip Companies, Inc.
1-407-644-4256
GRRR@redchip.com
The issuer is solely responsible for the content of this announcement.
VinFuture: Seeking Tangible Innovations for Mankind
To truly make a difference, scientific innovation must translate into tangible benefits for society. VinFuture’s award criteria reflect this commitment to recognizing research with real-world applications.
HANOI, VIETNAM – Media OutReach Newswire – 9 December 2024 – Prof. Richard Friend, Professor of Physics at the University of Cambridge (UK), Chair of the VinFuture Prize Council, expressed his enthusiasm for this year’s groundbreaking awards. He noted that the annual VinFuture Prize continues to surprise with its innovative selections.

This year, he was particularly impressed by the Main Prize, which recognized a “power trio” in the field of Artificial Intelligence: Yoshua Bengio, Geoffrey Hinton, and Yann LeCun for their foundational mathematical and algorithmic work; Fei-Fei Li for her pioneering dataset; and Jensen Huang for his hardware breakthroughs. “All of those three components brought together have made possible this astonishing AI revolution,” he said.
On December 6, 2024, the VinFuture Foundation recognized four groundbreaking scientific achievements. The US$3 million Grand Prize was awarded for transformative contributions to deep learning. Additionally, three Special Prizes honored innovations in oral cholera vaccination, polymeric biomaterials, and CAR T-cell therapy.
Selected from nearly 1,500 nominations across 80+ countries, the four winning works represent the pinnacle of scientific innovation. These breakthroughs exemplify the “resilient rebound” spirit, demonstrating the potential to revolutionize various fields and shape a brighter future.
VinFuture: Celebrating Diversity and Innovation
Prof. Friend was deeply inspired by the groundbreaking achievements recognized by the Special Prizes. The revolutionary CAR-T therapy offers a beacon of hope for countless cancer patients. Dr. Firdausi Qadri’s lifesaving cholera vaccine for Rohingya refugees exemplifies the power of science to address real-world challenges. And Prof. Kristi Anseth’s pioneering research in biomaterials bridges the gap between laboratory innovation and clinical application.
Prof. Friend highlighted that these remarkable works share a common purpose: enhancing the human condition. This aligns perfectly with VinFuture’s mission to recognize and reward scientific breakthroughs that benefit humanity.
Mr. Friend also highlighted the importance of diverse perspectives in scientific research. He noted that the unique experiences and approaches of scientists have led to remarkable breakthroughs. VinFuture’s commitment to recognizing diverse talent reflects its belief in the power of different viewpoints to drive innovation.
“They have seen something that others have not, or they have had the perseverance to know that it is worth sticking with the journey. It is the collection of stories that is what we should celebrate. I believe it is the diversity in approaches and thinking among scientists that has led to the extraordinary breakthroughs we are witnessing,” he shared.
This year’s VinFuture Prize celebrates a diverse range of innovators, from academic researchers to industry leaders like the CEO of NVIDIA. This recognition underscores the interconnectedness of fundamental research and technological application. The AI revolution, a testament to this synergy, has been propelled by advancements in mathematics, algorithms, datasets, and hardware. VinFuture’s mission is to honor the full spectrum of contributions that drive scientific and technological progress.
When academic research and industrial development converge, the potential for groundbreaking innovation is limitless. As Prof. Friend observed, ” Only when scientists and businesses collaborate can we create truly meaningful breakthroughs for humanity.”
Honoring Science That Solves Real-World Problems
This year’s honored research is making significant strides in addressing humanity’s most pressing challenges. In the healthcare sector, a paradigm shift is underway, moving from treatment to prevention. Preventive interventions offer a cost-effective and sustainable approach to improving public health. Prof. Friend emphasized the transformative potential of CAR-T cell therapy, a groundbreaking treatment that has revolutionized cancer care.
“In cancer treatment, we’re seeing a historic turning point. Despite decades of understanding cancer, we haven’t found truly effective treatments until now. CAR-T cell therapy has changed that, ushering in a new era of cancer treatment with promising results,” said Prof. Friend.
According to Prof. Friend, after decades of promise, AI has finally made significant breakthroughs. Discussions at the scientific conference revealed that while the achievements are impressive, they are only the beginning. Pioneering scientists in this field modestly acknowledge that there is much more to explore and develop.
“This year, I’m particularly proud to share that the VinFuture Prize has once again demonstrated its ability to recognize groundbreaking research with global impact. Before the Nobel Prizes were announced, we honored Professor Geoffrey Hinton, who subsequently won the Nobel Prize in Physics for his contributions to AI,” said Professor Friend.
In fact, VinFuture has a proven track record of identifying future Nobel Prize winners. Two years ago, VinFuture honored Demis Hassabis and John Jumper from Google DeepMind for their revolutionary work in protein structure modeling. Their recent Nobel Prize in Chemistry validates its commitment to recognizing groundbreaking research.
Hashtag: #VinFuture
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2024 Kinmen Target Design Award Gathers Design Leaders Worldwide in Its Grand Exhibition

TAIPEI, TAIWAN – Media OutReach Newswire – 9 December 2024 – On November 30, the Cultural Affairs Bureau of Kinmen County hosted the Taipei Exhibition of the 2024 Kinmen Target Design Award at Art Space A in Songshan Cultural and Creative Park. The event was officially launched by Lu Kun-Ho, Director General of the Bureau, who personally attended the opening ceremony. This year, the exhibition brought together 12 renowned design associations from around the world, jury panelists from all stages of the selection process, and participating teams of students and educators. This vibrant exchange of culture and creativity marked a significant milestone in Kinmen’s efforts to promote the internationalization of its creative industry.

The Kinmen Target Design Award is honored to welcome representatives from prestigious design associations worldwide, showcasing the depth and diversity of global design excellence. Among them are The One Club for Creativity (ADC), with an illustrious history of 104 years, and the Bureau of European Design Associations (BEDA), representing 26 EU countries. Other participants include Thailand’s Creative Economy Agency (CEA), India’s Confederation of Indian Industry (CII) with 125 years of design development, and the Colorado International Invitational Poster Exhibition (CIIPE), recognized as one of the world’s five major poster exhibitions. Joining them are Good Design Australia (GDA), which has celebrated design innovation for 60 years; Indonesia’s Indonesia Design Development Center (IDDC), focused on fostering innovative organizations; and the International Poster Biennial in Mexico (IPBM), one of the top three biennials globally. Also participating are the Japan Institute of Design Promotion (JDP), known for organizing the globally renowned Good Design Award for six decades; the Macau Designers Association (MDA), committed to promoting the design industry in Macau; and the Pan-Afrikan Design Institute (PADI), uniting 24 African nations in design collaboration. Further enriching the lineup are The Design Alliance Asia (tDA Asia), connecting 13 Asian countries and regions, and the World Design Organization (WDO), representing over 160 member organizations across 50 countries and emphasizing design’s transformative impact on the global economy and society. This extraordinary assembly underscores Kinmen’s commitment to fostering international collaboration and its ambition to establish itself as a global hub for creative excellence.
At the opening ceremony, Director General Lu Kun-Ho remarked, “It is a great honor to invite esteemed international design masters, whose invaluable insights help broaden designers’ horizons and enrich the diversity of their creations. Design is not merely an aesthetic expression but also a powerful catalyst for cultural transmission and innovation. Through the Kinmen Target Design Award, which serves as a vital platform for showcasing Kinmen’s cultural vitality, designers have the opportunity to engage with global design leaders. This exchange fosters creativity and opens doors to more international collaborations, further enhancing Kinmen’s presence on the world stage.”
The Kinmen Target Design Award encourages students to draw inspiration from the unique people, culture, history, geography, and industries of the Kinmen islands. By integrating these elements with design thinking and strategic planning, participants reinterpret the essence of Kinmen’s cultural heritage through hands-on design practice. This year, the competition attracted enthusiastic participation from 28 universities across Taiwan, receiving a record-breaking 208 submissions during the proposal stage. After rigorous evaluation by the jury, 32 outstanding proposals were selected in the first stage, the “Planning Proposal.” In the second stage, the “Design Competition,” 16 exceptional works were chosen to represent the Cultural Affairs Bureau. These designs will compete in 85 design contests both domestically and internationally, striving for the highest honors in the global design arena.
The success of the opening ceremony not only highlights the creative potential of the new generation of designers but also underscores the profound cultural heritage of Kinmen. Looking ahead, the Cultural Affairs Bureau of Kinmen County is committed to deepening the development of the cultural and creative industries while fostering international connections for local design talents. Through continued global exchanges and collaborations, Kinmen is poised to become a vibrant creative hub that garners attention from the international design community, pushing its cultural and design industries to new heights.
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