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Trusting AI in financial markets: Octa broker’s rundown of perspectives and prospects


KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 29 November 2024 – Artificial Intelligence (AI) has integrated into the financial sector, showing one of the highest adoption rates across industries, according to Statista. The tech transforms industry development, offering new business opportunities, user experience—and risks. Despite undoubted benefits, traders exhibit mixed feelings about AI, grappling with its potential as well as its risks. Octa, a broker with globally recognised licenses, shares insights on how traders perceive AI, highlighting its advantages, challenges, and potential in reshaping retail trading.

Octa

The State of AI Adoption in Trading

AI adoption in trading is rather significant on the enterprise level. According to McKinsey’s 2024 State of AI Report, 50% of financial institutions have integrated AI into their trading workflows, citing efficiency and predictive capabilities as primary benefits. However, individual traders remain cautious: surveys indicate that 38% of retail traders hesitate to fully trust AI-driven decisions, primarily due to fears of losing control over critical trading outcomes. While the fear of the unknown and potential risks prevent traders from adopting the tech, the FOMO (fear of missing out) may inevitably increase, with AI allegedly offering an enhanced trading experience.

The Perks of AI Adoption for Retail Traders

As discussed in the previous material, AI in Finance by Global Broker Octa: Transforming Investment Strategies for the Future, the potential of AI in enhancing trading processes has already started to shape the industry. Recent research from JPMorgan found that approximately 60% of their institutional trading activities now integrate AI-driven tools to optimise market predictions and improve trade execution. Furthermore, the 2023 McKinsey State of AI report highlights that AI adoption in the financial services sector has increased by 35% over the past two years, driven by its ability to reduce processing times by up to 70% and improve predictive accuracy by 30%. For traders, these advancements mean more efficient workflows and potentially more accurate decision-making.

What is more, AI-based tools process immense datasets in real-time and uncover actionable insights without the need to spend hours monitoring the market manually. By automating routine tasks like tracking price movements or scanning charts for patterns, AI allows traders to focus on strategic decision-making. Besides, AI-based tools like OctaVision aim to help traders improve their decision-making by offering personalised trade analysis and recommendations.

Barriers to Trust in AI

While AI’s capabilities are numerous and have proved to improve efficiency, traders harbour significant reservations:

  • Loss of control: Many traders worry about handing over critical decisions to an automated system, fearing that AI might misinterpret complex market conditions.
  • Technical failures: Some are concerned that the algorithms are adequately trained and rely on a decent data set to conduct accurate analysis of actual data.
  • Transparency challenges: The ‘black box’ nature of some AI models makes it difficult for traders to fully understand how AI-based algorithms come up with specific recommendations.

For instance, AI models used in algorithmic trading often base predictions on historical data, which may not always account for unprecedented market disruptions. Traders are thus compelled to validate AI-driven recommendations manually, adding an extra layer of oversight—and requiring more time to come up with a final trading decision.

Given that, achieving the optimal balance between AI-based insights and human touch is key to successful AI deployment for traders. To find the ideal blend, they should educate themselves on the mechanics of AI and its applications. To speed up the process, traders can study dedicated resources to understand how AI can be applied in retail trading and test ready-made scenarios in practice.

Balancing Trust and Innovation in AI-Driven Trading

Integrating AI into trading presents both opportunities and challenges for market participants. While the technology offers significant advantages—such as enhanced efficiency, quick data analysis, and improved predictive capabilities—it raises valid concerns about trust, transparency, and the potential loss of human oversight.

The growing adoption of AI across financial markets, as seen in institutional practices and retail trading trends, indicates that traders increasingly recognise its value in navigating the markets. However, a balanced approach is essential. By combining the strategic insights offered by AI with traditional analytical methods and personal judgement, traders can mitigate risks and harness the full potential of this technology. The key lies in education, transparency, and fostering a sense of control. Traders should adopt AI-based tools to enhance their strategies with confidence while maintaining the human touch that remains central to financial decision-making.
Hashtag: #Octa

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

Octa

is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

In the APAC region, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.

Government to Raise Minimum Salary for Civil Servants to LAK 2.2 Million in 2025

Prime Minister Sonexay Siphandone

Lao Prime Minister Sonexay Siphandone announced on 26 November that the minimum salary for civil servants will rise to LAK 2.2 million (approximately USD 100.26) per month starting in 2025. 

The announcement was made during the 8th Ordinary Session of the National Assembly, Series IX, as part of the government’s ongoing efforts to improve the standard of living for government employees.

“For 2025, we are implementing several key changes to the subsidy system, including a significant increase in the cost of living allowance. We are also merging the subsidy for administrative positions with the individual fuel policy, and enhancing the age and family subsidies,” said Prime Minister Sonexay.

In recent years, the government has steadily raised allowances, including a LAK 150,000 (USD 6.84) increase in both 2023 and 2024, bringing the minimum salary for civil servants to LAK 1.85 million (USD 84.31). With the new raise, civil servants will see their base salary increase by over 18 percent in 2025. 

The new policy will also benefit the families of civil servants, as it includes enhanced subsidies for children and spouses.

French Ambassador Visits Holiday Inn Vientiane to Explore Schneider Electric’s Energy Solutions

Group photo of France Ambassador with representatives of Schneider Electric

French Ambassador to Laos, Siv Leng Chhuor, visited the Holiday Inn & Suites Vientiane, an InterContinental Hotels Group (IHG) property, on 28 November to explore the hotel’s newly installed electrical system. The visit was conducted in collaboration with Schneider Electric, a French energy management company, and several partners from public organizations.

China Wantian Holdings (1854.HK) leads the charge in developing new quality productive forces and shaping the future of green food supply chains


HONG KONG SAR – Media OutReach Newswire – 29 November 2024 – China Wantian Holdings Limited (1854.HK, hereinafter referred to as “Wantian”) has once again demonstrated its leadership in the industry at the 9+2 Fifth Guangdong-Hong Kong-Macao Greater Bay Area Awards. Mr. Zhong Xueyong, Vice Chairman of the Board and CEO of Wantian, received the prestigious “Outstanding Leader of the Guangdong-Hong Kong-Macao Greater Bay Area “ award personally presented by Mr. John Lee Ka-chiu, Chief Executive of the Hong Kong Special Administrative Region. At the roundtable forum “Enhancing Innovation-Driven Development of New Quality Productive Forces”, Mr. Zhong elaborated on Wantian’s strategies and achievements in driving industry innovation.

Roundtable forum "Enhancing Innovation-Driven Development of New Quality Productive Forces"
Roundtable forum “Enhancing Innovation-Driven Development of New Quality Productive Forces”

Pioneering Green Initiatives to Advance Sustainability and Empower Rural Communities

Mr. Zhong highlighted Wantian’s dedication to integrating industrial development with social responsibility, fostering prosperity in the Greater Bay Area and contributing to the global green economy. Guided by the principle of “Lucid waters and lush mountains are invaluable assets,” Wantian has built a robust green food supply chain, achieving comprehensive advancements from the source to consumers. This approach not only ensures product quality and safety but also supports regional urban-rural synergy and the implementation of rural revitalization strategies.

As a cornerstone of green development in the Greater Bay Area, Wantian’s high-standard green food production systems have elevated industry benchmarks for food safety and competitiveness. By deepening international collaborations, Wantian is not only dedicated to establishing a leading position in the global green food industry but has also successfully set a benchmark in the green economy, driving the globalization and sustainability of the food industry.

Moreover, Wantian has demonstrated significant social impact in advancing rural revitalization. The company has spearheaded the establishment of The Greater Bay Area Association of Listed Companies, pooling regional resources to actively support rural economic growth and social harmony, exemplifying a sustainable and inclusive approach to regional development.

Revolutionizing the Green Food Supply Chain with New Quality Productive Forces

Driven by its vision of ” Delivering Freshness and Health to Every Household, Every Day ,” Wantian focuses on its “Three Meals Strategy” — encompassing Dining and Retail, Supply Chain For Food Ingredients, and Environmental technologies — to establish a full-industry-chain presence from the food ingredients to the dining table. Empowered by new-quality productive forces, Wantian seamlessly integrates innovative technology with industrial enhancements, particularly demonstrating exceptional competitiveness in the field of functional food and health.

To spearhead innovation and breakthroughs, Wantian plans to establish a Functional Food and Herbal Life Science Research Institute dedicated to combining traditional Chinese medicine with modern science to enhance the functionality and safety of health foods. By introducing cutting-edge global technologies and expertise, the institute aims to deepen research and application in the field, developing innovative products to meet diverse consumer needs and further solidify its leadership in the functional food and health industry.

Driving Long-Term Value Growth Through Sustainability

With the growing global demand for green food, Wantian’s New Quality Productive Forces strategy has emerged as a core engine driving steady business growth. Looking ahead, Wantian will leverage its exceptional full-industry-chain innovation capabilities and New Quality Productive Forces to further expand the boundaries of the market for functional foods and green food products. The company is committed to enhancing its global competitiveness and aspires to become a world-leading green food service provider. By delivering safer, healthier, and more sustainable food solutions to consumers worldwide, Wantian aims to shape the future of the food industry through green innovation.
Hashtag: #ChinaWantian

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

About China Wantian Holdings Limited:

China Wantian Holdings Limited (1854.HK) is a company listed on the main board of the Hong Kong Stock Exchange. The company focuses on the dining and retail, supply chain for food ingredients, and environmental technologies, striving to enhance the entire food industry’s value chain. Committed to becoming a global leader in the full industry chain of green food services, China Wantian Holdings upholds a strong dedication to quality and innovation, delivering healthier and more enriching dining experiences from farm to table for households around the world.

University College Dublin and Kaplan (Singapore) celebrate the opening of a new collaborative space for students and academics

University College Dublin Global Lounge: ‘Empower, Connect & Create’


SINGAPORE – Media OutReach Newswire – 29 November 2024 – University College Dublin (UCD) and Kaplan (Singapore) have officially launched the new University College Dublin Global Lounge at Kaplan City Campus @ Wilkie Edge [1]. This launch represents another significant milestone in the longstanding strategic partnership between UCD and Kaplan.

The Global Lounge is designed to inspire students by providing a dedicated space for collaboration among students and academics, fostering opportunities to explore and innovate. It also reflects a shared commitment to delivering industry-relevant programmes that empower learners to advance their careers and achieve their aspirations.

The new University College Dublin Global Lounge was officially opened by the Ambassador of Ireland to Singapore, Her Excellency (H.E.) Sarah McGrath, Dean of UCD College of Business, Professor Anthony Brabazon, and President of Kaplan Higher Education Academy, Dr Susie Khoo. The event was attended by senior management members of Kaplan and UCD, industry partners, as well as UCD students and alumni.

Speaking at the event, Dr Susie Khoo said, “Kaplan is honoured to deepen our valued partnership with University College Dublin. With over 30 years of educational excellence in Singapore and a substantial network of over 15,000 alumni, the opening of the UCD Global Lounge reflects our shared commitment to providing quality education and fostering a collaborative learning environment. As we look to the future, we are excited to explore new opportunities that align with the evolving demands of the workforce.”

Professor Anthony Brabazon
added, “UCD stands as a beacon of academic distinction. A triple-crown accredited [2] university that is ranked 126th in the QS World University Rankings 2025 [3], UCD is firmly committed to being a university of global influence, impact, and excitement, making a clear positive difference to the lives of our students. With a proud history of over 30 years of high-quality educational provision in Singapore, UCD is currently undertaking a significant investment to support the continued and future development of our programmes and student experience. The opening of the Global Lounge is an important milestone on this journey. I would like to warmly thank our colleagues in Kaplan and all UCD staff in Singapore for their work in bringing the UCD Global Lounge to life.”

In response, H.E. Sarah McGrath commented, “I am proud to be here at the opening of this Global Lounge which is a physical manifestation of the ongoing partnership between UCD and Kaplan. The people-to-people links between Ireland and Singapore predate the existence of both modern states, and quality education has been and remains crucial to the success of both of our countries. This new hub is a welcome symbol of that important and continuing commitment to collaboration between our academic institutions.”

The University College Dublin Global Lounge is a dedicated hub offering a bespoke space for UCD students, faculty, alumni, and the wider UCD community to build connections. With a student social media zone, student device charging points, and an acoustic phone pod, the hub is a vibrant, centralised space designed to support students’ academic, social, and personal development. Staffed by a UCD team, the lounge is a welcoming place for UCD students, providing access to study areas and academic support whilst also offering spaces for group work and collaboration. Beyond academics, the Lounge fosters community hosting social events, clubs, and networking opportunities, helping students build connections and feel engaged. Overall, the University College Dublin Global Lounge serves as a dynamic inclusive environment that enhances the student experience and exemplifies the UCD College of Business mission to empower, connect, and create.

To find out more about programmes offered by University College Dublin through Kaplan, visit: https://ucd.kaplan.com.sg/.


[1] Kaplan City Campus @ Wilkie Edge is located at 8 Wilkie Road, Level 2, Wilkie Edge, Singapore 228095

[2] UCD Michael Smurfit Graduate Business School Accreditation – AMBA (UK), EQUIS (Europe) and AACSB (US)
[3] https://www.topuniversities.com/world-university-rankings

Hashtag: #KaplanSingapore #KaplanTheChoice #UniversityCollegeDublin #UCDatKaplan





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

About Kaplan (Singapore)

Kaplan (Singapore) is part of Kaplan Inc., one of the world’s most diverse education providers. To date, Kaplan (Singapore) has students from over 55 countries and regions, and has served more than 100,000 graduates. With over 450 academic and professional certification programme options for higher learning and skills development, Kaplan (Singapore) provides opportunities for individuals to pursue lifelong learning. Find out more at www.kaplan.com.sg.

About Kaplan

Kaplan, Inc. is a global educational services company that helps individuals and institutions advance their goals in an ever-changing world. Our broad portfolio of solutions help students and professionals further their education and careers, universities and educational institutions attract and support students, and businesses maximize employee recruitment, retainment, and development. Stanley Kaplan founded our company in 1938 with a mission to expand educational opportunities for students of all backgrounds. Today, our thousands of employees working in 27 countries continue Stanley’s mission as they serve about 1.2 million students and professionals, 15,000 corporate clients, and 3,300 schools, school districts, colleges, and universities worldwide. Kaplan is a subsidiary of the Graham Holdings Company (NYSE: GHC). Learn more at

About University College Dublin

Flourishing for over 160 years. UCD is a research-intensive global university with purpose, drive and ambition. As Ireland’s largest University UCD is also its most globally engaged university with over 38,000 students drawn from 152 countries, including over 5,000 students based at locations outside of Ireland. UCD is globally recognised for its excellence in teaching and learning – 4 subjects are ranked in the top 50 in the world in the latest edition of the most-consulted university rankings (). UCD’s world extends beyond its campus, city and borders. UCD students and worldwide network of 304,426 alumni benefit from a UCD education that enables them to thrive and contribute in an increasingly global community.

Galaxy Macau Unveils the “Symphony of Joy” Festive Celebration, Lighting Up the City with up to 25 Million in Rewards


MACAU SAR – Media OutReach Newswire – 29 November 2024 – As winter sets in, the festive spirit comes alive at Galaxy Macau™, the luxury integrated resort (hereafter referred to as “Galaxy Macau”), with the launch of its “Symphony of Joy” festive campaign. The sumptuous series of festive celebrations was officially kicked off on November 28 with a special launch ceremony, which was graced by the presences of Maria Helena de Senna Fernandes, Director of Macao Government Tourism Office, along with executives from Galaxy Entertainment Group and distinguished guests.

Festive spirit comes alive at Galaxy Macau with the launch of its “Symphony of Joy” festive campaign on November 28. The ceremony was graced by the presences of Maria Helena de Senna Fernandes, Director of Macao Government Tourism Office (second from the right), along with executives from Galaxy Entertainment Group and distinguished guests.
Festive spirit comes alive at Galaxy Macau with the launch of its “Symphony of Joy” festive campaign on November 28. The ceremony was graced by the presences of Maria Helena de Senna Fernandes, Director of Macao Government Tourism Office (second from the right), along with executives from Galaxy Entertainment Group and distinguished guests.

This year’s theme, “Symphony of Joy – Fulfill Your Joy List,” introduces a European-style Christmas village for the first time, creating a magical destination for guests to realize their holiday wishes. Stirring up the joy in this festive season, the celebration features up to MOP 25 million in rewards across resort indulgences, culinary delights, exhilarating entertainment, and upscale shopping. This year marks the 25th anniversary of the establishment of the Macau SAR, celebrated with an array of spectacular offers for residents and visitors alike across all Galaxy Entertainment Group properties.

At the launch ceremony of “Symphony of Joy”, dancers in festive custom performed and enlivened the event in style.
At the launch ceremony of “Symphony of Joy”, dancers in festive custom performed and enlivened the event in style.

The launch ceremony took place at the enchanting “Joy Village” situated at the Pearl Lobby. Under a beautifully decorated gigantic Christmas tree, a village of five houses create a picturesque scene reminiscent of a quaint European village. The ambiance is further enriched by sparkling lights, festive decorations, and a captivating piano performance by Macau’s pianist, Margarita Cheung.

“Symphony of Joy” introduces a European-style Christmas village at Peral Lobby, creating a magical destination for guests to realize their holiday wishes.
“Symphony of Joy” introduces a European-style Christmas village at Peral Lobby, creating a magical destination for guests to realize their holiday wishes.

In his remarks, Mr. Kevin Kelley, Chief Operating Officer of Galaxy Entertainment Group in Macau, stated, “Our festive campaign, featuring unique experiences, have become a staple that draws visitors from near and far. In line with the Macau SAR Government’s ‘Tourism +’ strategy, we will continue to enrich the entertainment, arts, and cultural landscape in Macau, further strengthening the city’s position as a World Center of Tourism and Leisure.”

As guests on stage activated the switch, they officially illuminated the “Symphony of Joy.” Enchanted snowflakes fell under dazzling lights, while dancers transformed into Christmas fairies, gracefully performing as the sound and light show ignited the festive spirit.

Unparalleled Shopping Rewards Across the City
This season, a Symphony of Joy resounds throughout the resort as Galaxy Macau gives away up to $25 million in prizes, including up to $16 million in unconditional shopping rebate with $25,000 gift certificate daily instant win. Guests who use Alipay (Mainland China version) when shopping the designated brands at Galaxy Promenade may receive vouchers up to $1000.

Galaxy Macau celebrates this winter holidays with up to 25 million in rewards.
Galaxy Macau celebrates this winter holidays with up to 25 million in rewards.

To participate in the instant lucky draw in the “House of Prizes ” at “Joy Village”, guests may register as a Galaxy Ultimate member on the Galaxy Macau WeChat Mini Program. Enter for a chance to win prizes totaling up to $8 million, including luxury hotel stays, concert tickets, Air Macau flights, dining vouchers, and more. To participate, guests spend $1,000 or more at Galaxy Macau, or present valid hotel key cards with holders, or show tickets from Galaxy Arena or Broadway Theatre.

Additionally, guests may get a postcard at Galaxy Macau, fill it in and drop it at the 1/F postbox for a chance to win a complimentary stay at Andaz Macau with breakfast for two. All are welcome to share festive moments on RED, Instagram or Facebook with the designated hashtags to redeem a gift in the Pearl Lobby (first-come, first-served). Also participate in Galaxy Macau’s RED online game “Fulfill Your Joy List at Galaxy Macau” for the chance to win a round trip flight ticket, complimentary stay or other prizes; one lucky guest will even be selected and have their wish list fulfilled by gift certificates!

Discover Festive Surprise in “Joy Village”
This year’s “Joy Village” combines traditional western holiday elements with interactive experiences. Step inside the stylish “Crystal House” that sparkles with Jimmy Choo’s newest selections of party handbags and accessories; discover the art of fragrance at the “Perfumery” from Penhaligon’s Bakery; satisfy the child in you at the playful “House of Fun” with the latest designs of the most huggable and lovable UMJ Jellycat plush toys; or write a postcard at the “Post Office”. There’s even a “House of Prizes” where guests could win their share of up to $8 million prize pool.

Festive spirit blooms at Galaxy Macau as festive installations are placed across the integrated resort.
Festive spirit blooms at Galaxy Macau as festive installations are placed across the integrated resort.

The festive atmosphere extends far beyond this, featuring scattered Christmas installations and dazzling lights throughout the resort. This enchanting setting is perfect for capturing photos that will surely be the highlight of your social media feed. Capture your joyous moments with colorful lighting and effects inside of the Joy Studio at the Jade Lobby, and create everlasting festive memories.

Festive Dining and Parties, up to 25% Discount
Galaxy Macau presents a festive feast featuring international culinary delights. Several signature restaurants are offering holiday-themed set menus showcasing flavors from Italy, France, Japan, China, Thailand, and more. Whether you’re gathering with family to enjoy a lavish buffet at Andaz Kitchen, The Ritz-Carlton Café, or a Michelin-starred dinner at 8½ Otto e Mezzo BOMBANA and Lai Heen with your loved ones, or indulging in exquisite afternoon tea with friends at CHA BEI and Nagomi, or having a casual drink at The Macallan Whisky Bar & Lounge and The Ritz-Carlton Bar & Lounge, this series of festive culinary experiences will awaken your taste buds, making it the perfect time to celebrate with family and friends and create joyful memories. To enhance the festive spirit in the city, Galaxy Macau proudly offers exclusive hotel packages and dining discounts to celebrate the 25th anniversary of the Macau SAR.

Celebrate Christmas Performances and Exciting Activities
This holiday season, Galaxy Macau invites guests to enjoy a range of festive activities, including countdown parties and magical Christmas parades. The beloved Wavey will meet and greet guests alongside talented dancers and musicians, while “Santa Claus” will be available for photos and warm holiday greetings.

For more details on the exciting events and offers, please visit the Galaxy Macau official website at www.galaxymacau.com, or follow the latest updates on Facebook, Instagram, WeChat, Little Red Book, and Douyin.

(Note: The currency of all prices mentioned is MOP.)
Hashtag: #GalaxyMacau #SymphonyofJoy

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

About Galaxy Macau Integrated Resort

Galaxy Macau™, The World-class Luxury Integrated Resort delivers the “Most Spectacular Entertainment and Leisure Destination in the World”. Developed at an investment of HK$43 billion, the property covers 1.1 million-square-meter of unique entertainment and leisure attractions that are unlike anything else in Macau. Eight award-winning world-class luxury hotels provide close to 5,000 rooms, suites and villas. They include Banyan Tree Macau, Galaxy Hotel™, Hotel Okura Macau, JW Marriott Hotel Macau, The Ritz-Carlton, Macau, Broadway Hotel, Raffles at Galaxy Macau and Andaz Macau. Unique to Galaxy Macau, the 75,000-square-meter Grand Resort Deck features the world’s longest Skytop Adventure Rapids at 575-meters, the largest Skytop Wave Pool with waves up to 1.5-meters high and 150-meters pristine white sand beach. Two five-star spas from Banyan Tree Spa Macau and The Ritz-Carlton Spa, Macau help guests relax and rejuvenate.

As the dining destination in Asia, Galaxy Macau offers a wide variety of gastronomic delights, exquisite experiences and ingredients of the finest quality with over 120 dining options from Michelin dining to authentic delicacies; Galaxy Promenade is the hottest shopping destination featuring the latest in fashion and curated experiences in Macau. Spanning over 100,000-square-meter, luxury flagship stores, lifestyle boutiques and our selection of labels are among the more than 200 world-renowned brands for a world-class shopping journey; Galaxy Cinemas, immersive thrills and luxurious comfort go hand in hand at Galaxy Cinemas. All 10 theaters are equipped with the latest audio-visual technology; CHINA ROUGE, one-of-a-kind deluxe lounge that evokes the glitz and glamor of Shanghai’s golden era with entertainment in luxury and style; and Foot Hub presents the traditional art of reflexology to make you feel more relaxed and revitalized. For Authentic Macau Flavours & Vibrant Asian Experiences, Broadway Macau – just a 90-second walk via a bridge from Galaxy Macau, has over 35 Authentic Macau & Asian Flavours at its Broadway Food Street. The 2,500-seat Broadway Theatre plays host to world-class entertainers and a diverse array of cultural events. Meeting, incentive and banquet groups are also well looked after with a portfolio of unique venues in Galaxy Macau and a professional service staff.

Galaxy International Convention Center (GICC) is the latest addition to the Group’s ever-expanding integrated resort precinct and will usher in a new era for the MICE industry in Macau. GICC is a world-class event venue featuring 40,000-square-meter of total flexible MICE, and a 16,000-seat Galaxy Arena – the largest indoor arena in Macau.

For more details, please visit , and .

Laos Earns Over 200 ASEAN Tourism Awards, Global Acclaim

Laos Earns Over 200 ASEAN Tourism Awards, Global Acclaim
Luang Prabang Province, a Top travel destination in Laos (Photo credit: Laos Tours)

Laos continues to shine on the global tourism stage, earning 219 ASEAN Tourism Standards Awards for its dedication to sustainability and exceptional travel experiences. 

Vinhomes Ocean City: The Pinnacle of Future Urban Living in Vietnam

Vinhomes Ocean City is a visionary urban ecosystem that redefines modern living. This sprawling Vietnamese development seamlessly blends wellness, community, and world-class amenities, offering a glimpse into the future of urban life.


HANOI, VIETNAM – Media OutReach Newswire – 29 November 2024 – Vietnam, a rising star on the global stage, has steadily cemented its reputation as a dynamic economic hub in Southeast Asia. Situated at the heart of one of the world’s most critical waterways, the country has emerged as an increasingly attractive destination for tourists, investors, and professionals alike. Between January and October 2024, Vietnam welcomed over 14.1 million international visitors—a remarkable 41.3% increase compared to the previous year. This surge underscores the nation’s growing appeal on the global map.

Ocean City anticipates future growth, with plans to accommodate up to 200,000 residents
Ocean City anticipates future growth, with plans to accommodate up to 200,000 residents

And for those considering Vietnam as a new home, Vinhomes Ocean City has become a standout symbol of innovation and modernity. As the nation redefines its urban landscapes, Ocean City stands out by seamlessly blending wellness, community, and world-class amenities into the fabric of modern life.

Cities Within Cities

Ocean City exemplifies a groundbreaking concept: an all-encompassing urban complex that integrates residential, recreational, and business functions within a cohesive ecosystem. Covering an impressive 1,200 hectares, this mega-development showcases Vinhomes’ expertise in crafting unified living environments. Its triad of urban clusters—Vinhomes Ocean Park 1, 2, and 3—operates as distinct yet harmonized districts, delivering diverse experiences under a single visionary framework.

Strategically located just 20–30 minutes from Hanoi’s bustling city center, Ocean City offers an unparalleled balance between urban accessibility and suburban tranquility. Its proximity to the “golden triangle” of Hanoi, Hai Phong, and Quang Ninh provides residents with easy access to both economic opportunities and natural serenity. Together, these regions serve as an ideal backdrop for a community that blends metropolitan convenience with resort-like charm.

At the core of Vinhomes Ocean City lies an unwavering focus on holistic wellness, designed to nurture the mind, body, and spirit. As global emphasis on health and well-being continues to grow, Ocean City redefines urban living by integrating cutting-edge wellness ecosystems into its foundation.

From state-of-the-art healthcare facilities to meticulously landscaped green spaces, Ocean City caters to the ever-evolving needs of its residents. Its signature feature is the iconic Crystal Lagoon, one of the world’s largest artificial saltwater lagoons, complemented by Pearl Lake, a pristine freshwater lake surrounded by white sand beaches.

Additionally, building density in the complex is maintained below 30%, with over 1.5 million square meters dedicated to parks and green spaces. This design ensures a breathable environment, complemented by amenities such as sports fields, playgrounds, and swimming pools that cater to all age groups.

Ocean City’s wellness philosophy extends beyond its physical infrastructure to foster a vibrant community culture. Residents are encouraged to connect, thrive, and grow through shared experiences. Renowned institutions like VinUni and cultural attractions such as the theater district provide spaces for learning and enrichment, making Ocean City a haven for holistic development.

Global Appeal in Every Detail

Ocean City’s architectural and cultural design reflects a deep appreciation for both global aesthetics and local traditions. Venetian-inspired canals with gondola rides meander through the districts, while the Korean-style K-Town offers residents a vibrant glimpse into Eastern culture.

Yet, Ocean City’s appeal goes far beyond leisure. It is also a business hub, equipped with advanced infrastructure tailored to attract global professionals. Smart office towers, including the TechnoPark Tower, feature cutting-edge technology and sustainability standards. Entrepreneurs and corporations operate in an environment where productivity and lifestyle seamlessly integrate.

Seamless connectivity adds to its appeal. A free electric bus system links the city’s districts with Hanoi, ensuring that residents can easily navigate between urban vibrancy and serene natural beauty. This integration of modern convenience and ecological responsibility makes Ocean City a trailblazer in urban living.

Looking ahead, Ocean City anticipates future growth, with plans to accommodate up to 200,000 residents. This vision reflects Vinhomes’ commitment to fostering communities that thrive not just today but for generations to come.

By combining wellness, culture, and business opportunities, Ocean City establishes itself as a global wellness destination. Its ability to draw tourists, investors, and business professionals positions it as a nucleus of cultural exchange and economic growth, aligning seamlessly with Vietnam’s increasing prominence on the world stage.

A New Benchmark in Urban Living

Vinhomes Ocean City redefines the possibilities of urban development, offering a living experience that transcends national boundaries. Its holistic approach—integrating wellness, innovative infrastructure, and global cultural elements—creates a vibrant, self-sustaining ecosystem.

As Vietnam continues its ascent as an economic hub, Ocean City epitomizes the country’s aspirations: a glimpse into a future where urban living nourishes both individuals and communities.

Hashtag: #vinhomes

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