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Sungrow Previews Latest Low-Voltage Residential Storage Energy Product at Solar & Storage Live Philippines 2025, Empowering Southeast Asia’s Energy Transition

MANILA, Philippines, May 22, 2025 /PRNewswire/ — Sungrow, the global leading PV inverter and energy storage system provider, made an outstanding presence at the Solar & Storage Live Philippines 2025, showcasing a wide range of cutting-edge solutions. As the Philippines’ energy transformation enters a new stage, the demand for efficient and intelligent energy storage solutions is becoming increasingly urgent. During this exhibition, Sungrow demonstrates its latest and innovative products and solutions covering various scenarios, which could benefit project owners significantly.

Sungrow's Booth at Solar & Storage Live Philippines 2025
Sungrow’s Booth at Solar & Storage Live Philippines 2025

Utility-Scale Solutions for Grid Stability

Beyond the residential sector, Sungrow also introduced its PowerTitan 2.0 liquid-cooled BESS, engineered to meet the urgent demand for grid stability in the Philippines. As the nation’s energy landscape faces challenges such as peak load fluctuations and blackouts, the PowerTitan 2.0 emerges as a high-performance solution for applications including energy shifting, peak shaving, frequency regulation, and black start.

Key features of the PowerTitan 2.0 liquid-cooled BESS include:

  • Intelligent and adaptable operation, tailored to the region’s grid conditions
  • Integrated AC/DC design for improved system efficiency
  • 2.5MW/5MWh capacity housed in a standard 20-foot container
  • Unrivaled Safety Assurance: Proven reliability through the world’s largest and longest BESS Burn Test

With its high integration, intelligence, and adaptability, the PowerTitan2.0 is well-suited to meet the diverse grid application needs in the Philippines and supports the region’s transition to a more sustainable energy infrastructure.

Meeting Growing Residential Energy Needs: All-New Low-Voltage Residential Storage Energy MG5-10RL

As the region experiences rapid urbanization and rising energy costs, there is a clear shift toward residential solar-plus-storage solutions that offer greater independence, reliability, and efficiency. Sungrow’s soon-to-be-launched residential series is designed in response to these needs, setting a new benchmark for intelligent and user-centric home energy management.

One of the most anticipated highlights of Sungrow’s booth was a preview of its upcoming Low-Voltage Residential Energy Storage MG5/6/8/10RL—a new benchmark in smart, flexible, and user-friendly home energy solutions. The official release of this innovative solution is coming soon, and full details will be unveiled.

Sungrow has always pursued innovation and excellence,” said Luis Xu, General Manager of Sungrow APAC Region. “With our strong commitment to technological advancement and product quality, we are dedicated to addressing the unique needs of the Southeast Asian market. With industry-leading products like the new MG series and PowerTitan2.0, we’re constantly deepening our relationship with local partners and supporting the Philippines in bridging a more sustainable future.”

About Sungrow

Sungrow, a global leader in renewable energy technology, has pioneered sustainable power solutions for over 28 years. As of December 2024, Sungrow has installed 740 GW of power electronic converters worldwide. The Company is recognized as the world’s No. 1 on PV inverter shipments (S&P Global Commodity Insights) and the world’s most bankable energy storage company (BloombergNEF). Its innovations power clean energy projects in over 180 countries, supported by a network of 520 service outlets guaranteeing excellent customer experience. At Sungrow, we’re committed to bridging to a sustainable future through cutting-edge technology and unparalleled service. For more information, please visit: www.sungrowpower.com.

Powering AI with Chiplet Innovation: MSquare’s ML100 IO Die Live at COMPUTEX 2025

TAIPEI, May 22, 2025 /PRNewswire/ — COMPUTEX 2025, Asia’s largest and most influential technology event, is currently underway at the Taipei Nangang Exhibition Center, attracting over 50,000 professionals from 34 countries. Making its debut at the show, MSquare Technology is showcasing the ML100 IO Die—the Chiplet solution designed for AI SoC architectures—demonstrating cutting-edge advancements in Chiplet integration and high-speed interconnect solutions.

MSquare showcases its latest Chiplet Interconnect solution to visitors at COMPUTEX 2025.
MSquare showcases its latest Chiplet Interconnect solution to visitors at COMPUTEX 2025.

With the theme “AI Next,” the event highlights AI & Robotics, Next-Gen Tech, and Future Mobility. As AI models scale exponentially, traditional SoC integration is hitting bandwidth, power, and cost bottlenecks. In response, MSquare introduces a more flexible and energy-efficient Chiplet-based interconnect solution—the ML100 IO Die.

The ML100 IO Die is an interconnect Chiplet designed for data centers and high-performance computing, integrating advanced UCIe protocol and HBM3 memory interface technology. By decoupling Soc and HBM through Chiplet partitioning, ML100 optimizes die area, cost, and power consumption while significantly increasing memory bandwidth. It supports 32Gbps UCIe PHY with a peak bandwidth of 1TB/s, significantly outperforming traditional monolithic SoC packaging solutions. It is ideally suited for AI accelerators, inference engines, and high-performance computing chips. In recognition of its innovation, ML100 received the “Best IP of the Year” award from EE Awards Asia 2024.

Founded in 2021, MSquare Technology is led by a global team of semiconductor veterans from AMD, Apple, and MediaTek. The company develops high-speed interface IP and Chiplet solutions across diverse protocols—including UCIe, HBM, ONFI, LPDDR, PCIe, and USB—covering process nodes from 5nm to 180nm. Its technologies are deployed across AI, data center, HPC, and advanced consumer applications.

MSquare has offices in APAC, US and Australia, forming a global support network to drive faster customer engagement and international deployment.

“Chiplet interconnects are the foundation of scalable AI computing,” said Rui Tang, Co-founder of MSquare Technology. “By participating in COMPUTEX, we aim to deepen collaboration with ecosystem partners and drive the adoption of next-gen SoC architectures optimized for bandwidth, power, and flexibility.”

Visit MSquare Technology at COMPUTEX 2025 – Booth N1231, Hall 1, Taipei Nangang Exhibition Center.

AXA Study: Over 60% of Hong Kong workers encounter elevated stress levels exceeding global average

Younger generation confronts critical mind health challenges,
necessitating enhanced workplace support

HONG KONG, May 22, 2025 /PRNewswire/ — Work-related factors exert a greater influence on the mind health of Hong Kong’s workforce compared to the global average, according to the latest findings from the AXA Mind Health Report 2025 (“the Study”). Among the affected demographics, young millennials (aged 25-34) and Gen Z (aged 18-24) face the most severe mind health challenges. They experience higher rates of stress, anxiety and depression and take sick leave more frequently due to mind health-related issues. Notably, this young generation experienced disproportionately higher rates of mental health problems compared to older generations, prompting corporations to enhance their mind health strategies.

The annual Study, which evaluates mind health[1] and wellbeing globally, presents a concerning picture of Hong Kong’s workforce grappling with elevated stress levels and mind health challenges. 80% of the working population in Hong Kong cited multiple factors affecting their mind wellbeing, including uncertainty about the future in a rapidly changing world (58%), financial instability and job insecurity (58%), difficulty achieving a healthy work-life balance (53%), loneliness and social isolation (45%). Notably, work-related stress (60%) is particularly acute in Hong Kong—higher than the global average (56%).

Four in 10 Gen Z take sick leave due to mind health issues

The overwhelming pressure at work has become an invisible burden, impacting both mind and physical well-being. A staggering 84% of the working population indicated that work-related stress interferes with their daily lives, citing issues such as sleep disturbances (36%), decreased motivation (33%), physical symptoms (such as headaches and muscle tension) (26%), mood swings or irritability (25%), difficulties in concentrating (22%), and changes in appetite (19%).

The Study found that 23% of working population had taken sick leave due to mind health issues. This trend was particularly pronounced among younger generations, with 40% of Gen Z (aged 18–24) having done so — the highest among all age groups. The rate declines noticeably with age: 33% of young millennials (25–34), 26% of older millennials (35–44), and just 20% of those aged 45–54 — only half the rate of Gen Z. These figures highlight the more widespread and severe mind health challenges faced by younger members of the workforce.

Mind health issues most severe among young millennials and Gen Z

The Study has also revealed that 20% of the respondents potentially experience severe or more extreme impacts. Among these, young millennials reported the highest rate (33%) of severe or above-severe levels of depression, anxiety, or stress, closely followed by Gen Z (31%). The impact was comparatively lower among older age groups: 23% in the 35–44 age range and 18% among those aged 45–54.

Y ounger g eneration m ore i nclined to u se AI for m anaging mind health

With the growing prevalence of technology, 29% of respondents report using mind health applications or services to manage their well-being. The tools they are most interested in include AI-driven sleep tracking apps (66%), digital journaling (60%), mindfulness and meditation apps (59%), and AI-powered virtual therapist chatbots (57%). Usage rates show significant generational differences: Gen Z has the highest adoption rate (46%), followed by younger millennials (41%). In contrast, only 15% of respondents aged 55 and above use AI for mind health management, highlighting the greater popularity of digital mind health tools among younger generations.

Younger generations expect greater support for mind health from employers

Notably, around 60% of working individuals expect companies to implement more comprehensive mind health workplace policies. This demand is particularly pronounced among younger generations, with 70% of Gen Z and 82% of younger millennials expressing such expectations. These findings underscore the current inadequacy of mind health support in many workplaces and the heightened importance younger generations place on employer-provided mind health resources.

Emily Li, Chief Employee Benefits and Wellness Officer, AXA Hong Kong and Macau, said “Mind health is a key factor in overall personal wellbeing. Faced with immense pressure in daily life, the mind health challenges of Hong Kong workers must not be overlooked, particularly the younger generation’s ability to cope with stress. AXA is committed to helping businesses improve employees’ mind health and wellbeing while actively developing new mind health products and services, aiming to provide more comprehensive and appropriate support solutions for society as a whole, catering to the diverse mind health needs across different generations.”

In light of the study insights, AXA has launched the mind health self-check, a digital tool to help users identify their strengths and areas of potential improvement for effective management of their mental well-being. The Self-check aims to educate and help individuals assess, understand, and improve their mental well-being. In addition, AXA is developing a corporate version to support employers to better understand the mind health status of the workforce – unlocking insights to develop personalized mind health initiatives.

Find out more about AXA Mind Health Self-check: https://mindhealthselfcheck.axa.com/

Furthermore, in order to encourage the public to share more about their struggles with those around them, AXA has collaborated with Hartbeat to produce a documentary titled “Group Therapy.” Through 90 minutes of sincere conversation, this film aims to encourage individuals to openly discuss mind health issues and proactively confide in those in their vicinity.

Emily Li, Chief Employee Benefits and Wellness Officer, AXA Hong Kong and Macau, attended the media luncheon for the AXA Study of Mind Health and Wellbeing 2025, where she shared the findings and her insights.
Emily Li, Chief Employee Benefits and Wellness Officer, AXA Hong Kong and Macau, attended the media luncheon for the AXA Study of Mind Health and Wellbeing 2025, where she shared the findings and her insights.

[1] The report uses the term mind health rather than mental health to emphasise the positive objective of the study which is to help break down the stigma still associated with mental illness.

About AXA Study of Mind Health and Wellbeing (AXA Mind Health Study)

The AXA Mind Health Study is an annual assessment of mind health and wellbeing worldwide, aimed at evaluating the current state of mind health globally. It provides individuals and businesses with the insights and advice necessary to foster positive mind health.

The AXA Mind Health Study 2025 was conducted in collaboration with IPSOS between 8 October and 11 November 2024 by means of an online survey among a total of 17,000 respondents aged between 18 and 75 years old across 16 countries and regions, namely France, the UK, Germany, Spain, Italy, Ireland, Belgium, Switzerland, Turkey, the US, Mexico, mainland China and Hong Kong, Japan, Thailand and the Philippines.

In Hong Kong, a total of 1,000 working individuals aged between 18 and 75 years were surveyed, including 815 individuals in full-time, part-time, or self-employment.

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, 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.

NetDragon Expands Global “AI + Education” Strategy, Partners with Thailand MHESI to Launch AI Education Platform

HONG KONG, May 22, 2025 /PRNewswire/ — NetDragon Websoft Holdings Limited (“NetDragon” or the “Company”; Hong Kong Stock Code: 0777), a global leader in building internet communities, is pleased to announce the official launch of the MHESI Skill platform (www.mhesi-skill.org), an AI education platform co-developed with Thailand’s Ministry of Higher Education, Science, Research and Innovation (“MHESI”) based on NetDragon’s edalearning.ai. This platform serves as a key initiative under MHESI’s recently launched “EV Ready+” electric vehicle (“EV”) industry talent development program, offering free, certified training to equip Thai citizens with real-world skills and enhance career prospects in the EV sector.

The MHESI Skill platform will offer a suite of EV-focused training programs, initially launching with two fundamental courses — Basic Electric Vehicle Technology Course and Electric Vehicle Maintenance Course. These will be followed by three additional courses covering EV System Design and Development, EV Infrastructure and Charging Systems, and EV Business Management. All courses will be free of charge and include an official e-Certificate issued by MHESI upon completion.

All “EV Ready+” courses will be delivered in a hybrid “online + offline” learning format, combining self-paced online theory modules on the MHESI Skill platform with hands-on practical training at partner universities, including Bangkok Thonburi University and King Mongkut’s University of Technology North Bangkok (Rayong Campus). MHESI also plans to expand practical training sites to other regions nationwide, ensuring equal access to learners across the country.

Mr. Punpermsak Aruni, Assistant Permanent Secretary of MHESI, shared, “Thailand is rapidly emerging as the regional center for the electric vehicle industry in Asia-Pacific. To keep pace with this transformation, we must urgently invest in developing high-skilled talent. The ‘EV Ready+’ project was designed to empower Thai talent with free, advanced knowledge and professional training, strengthening our competitiveness in the global automotive shift.”

Dr. Simon Leung, Vice Chairman of NetDragon, commented, “The MHESI Skill platform marks a significant step forward in digitization access to technical education in Thailand. Through our collaboration with MHESI, we are building a flexible, scalable AI education platform aligned with Thailand’s national workforce development goals. By providing certified training in key areas such as EV technology, we are supporting Thailand’s ambition to become the EV production hub of the Asia-Pacific region while empowering its talent with the skills needed for success in the digital and green economies.”

About NetDragon Websoft Holdings Limited
NetDragon Websoft Holdings Limited (HKSE: 0777) is a global leader in building internet communities with a long track record of developing and scaling multiple internet and mobile platforms that impact hundreds of millions of users, including previous establishments of China’s first online gaming portal, 17173.com, and China’s most influential smartphone app store platform, 91 Wireless.  

Established in 1999, NetDragon is one of the most reputable and well-known online game developers in China with a history of successful game titles including Eudemons Online, Heroes EvolvedConquer Online and Under Oath. In the past 10 years, NetDragon has also achieved success with its online education business both domestically and globally, and its overseas education business entity, currently a U.S.-listed subsidiary named Mynd.ai, is a global leader in interactive technology and its award-winning interactive displays and software can be found in more than 1 million learning and training spaces across 126 countries. 

About Thailand Ministry of Higher Education, Science, Research and Innovation (MHESI)
The Ministry of Higher Education, Science, Research and Innovation (MHESI) plays a vital role in shaping Thailand’s future by laying the foundation for a knowledge-based society. With a mission to promote equal access to lifelong learning, MHESI is committed to reducing inequality, enhancing quality of life, and equipping Thai citizens with the skills needed for the 21st century. The Ministry aims to drive national development by accelerating the creation of scientific, technological, and innovative knowledge alongside the development of human capital in higher education institutions, positioning Thailand as a competitive, innovation-led nation on the global stage.

For investor enquiries, please contact: 

NetDragon Websoft Holdings Limited
Ms. Maggie Zhou
Senior Director of Investor Relations
Email: maggiezhou@nd.com.hk / ir@netdragon.com
Website: ir.netdragon.com   

Indian fashion e-commerce major, Myntra, to set foot in Singapore with the launch of Myntra Global

~The move is set to make real-time trendy Indian fashion wear available, targeting expatriates in the Lion City

~100 sought-after made-in-India brands bring ~35k styles 

BENGALURU, India, May 22, 2025 /PRNewswire/ — Myntra, one of India’s leading fashion, beauty and lifestyle e-commerce destinations, has announced the launch of Myntra Global, and is set to bring Indian fashion to Singapore. The move, targeted at the ~650K Indian diaspora, will offer handpicked trendy Indian fashion styles, while also providing a seamless and hassle-free shopping experience to its customers in the country.

As part of Myntra’s broader growth strategy, Myntra Global is poised to enable the organisation to tap into new customer segments and build stronger international brand affinity, over the next few years. With a strong legacy of 18 years of catering to fashion aspirations, Myntra has already been witnessing notable organic traffic to the tune of ~30k  users from Singapore to its existing platform.

Driven by the growing demand from the Indian diaspora, who seek culturally resonant products that reflect their roots, Myntra is bringing ~35k styles from ~100 brands, across categories like apparel, footwear, home and accessories to the Lion City. Selections from sought-after brands including, Aurelia, Global Desi, AND, Libas, Rustorange,  Mochi, W, The Label Life, House of Pataudi, Chumbak, Anouk, Bombay Dyeing, Rare Rabbit and Nasher Miles among many others have been made available to begin with. This move will propel the growth of Indian fashion brands and help scale beyond India, in line with the government’s vision to take made-in-India products to the global stage.

Speaking on the development, Nandita Sinha, CEO, Myntra, said, “Our journey of nearly two decades has been paved by the love of millions of customers and thousands of brands who trust us to make their fashion dreams possible. The launch of Myntra Global marks a milestone moment for Myntra. With our expertise in serving customers at scale and the exceptional offerings from some of the most loved brands, we are confident that Myntra Global will delight Indians living abroad and keep them connected to their roots, in style. We will also continue to build and scale the platform to cater to Singapore seamlessly, propelling the growth of our brand partners.”

Myntra’s proven strong tech capabilities in building a platform of scale will serve as the backbone for providing a seamless online shopping experience on Myntra Global. Available for mobile web and desktops, Myntra Global will tap into third-party cross-border logistics services to bring customers their orders in 4-7 days on average.

About Myntra

Myntra is one of India’s leading platforms for fashion, beauty, and lifestyle. Started in 2007, Myntra is part of the  Flipkart Group, owned by Walmart. Myntra brings together technology and fashion to create the best-in-class experience for millions of its customers in India. With over 70 million monthly active users, Myntra offers more than 3.9 million styles from a wide range of over 9700 international and domestic brands such as MANGO, H&M, Levi’s, U.S. Polo Assn., Tommy Hilfiger, Louis Philippe, JACK & JONES, Forever 21, Marks & Spencer, MAC, Huda Beauty,  Estee Lauder, Global Desi, W, Biba, Libas, among others. With a wide reach, Myntra services over 95% of the pin codes covering the length and breadth of India. Singapore is the first country where Myntra is directly serving customers outside of India with Myntra Global.

Myntra Global website: www.myntraglobal.com

Money20/20 Unveils Global Powerhouse Jury for Inaugural Money Awards

Distinguished Global Leaders to Judge Transformative Innovation in Fintech


BANGKOK, THAILAND – Media OutReach Newswire – 22 May 2025 – Money20/20, the world’s leading fintech show, and the place where money does business, today announced its inaugural jury for The Money Awards, featuring an unprecedented assembly of distinguished leaders from across the global financial technology ecosystem from traditional banks, fintechs, neobanks, venture capitalists, and the world’s most influential brands. The jury represents in-depth knowledge and expertise from around the world spanning North America, Europe, Latin America, Asia, Middle-East and Africa, reinforcing the awards’ position as the definitive global benchmark for fintech excellence.

APAC Jury Members

The jury lineup for The Money Awards are:

Banking Award

Jury President:
Joanne Hannaford, Chief Information Officer & Chief Product Officer Corporate Bank, Deutsche Bank

Jury Members:
Annerie Vreugdenhil, Chief Commercial Officer Personal & Business Banking, ABN AMRO N.V.
Elizabeth Jimenez, Senior Vice President, Strategic Risk, Citi
Glauber Mota, CEO, Revolut
John Piazza, Head of Product, Newline by Fifth Third
Juliana Binatti Motta, Founder & Chief Product Officer, Pismo
Lukasz Strozek, Chief Technology Officer, LendingClub
Nobutake Suzuki, President & CEO, MUFG Innovation Partners Co., Ltd.
Tosin Eniolorunda, Founder & Group CEO, Moniepoint Inc.

Diamond Award

Jury President:
Lynn Martin, President, NYSE Group

Jury Members:
Manolo Sánchez, CEO, Adelante Ventures LLC
Nico Kersten, CEO & Managing Director, Mercedes pay GmbH
Suzan Kereere, President, Global Markets, PayPal
Tim Shen, CEO, LianLian Global

Payments Award

Jury President:
Howard R. Fields, Chief Ethics & Compliance Officer, Mastercard

Jury Members:
Brigette Korney, Global Head of Risk, Adyen
Camilla Bullock, CEO, Emerging Payments Association Asia
Meron Colbeci, Chief Product Officer, Checkout.com
Neetika Bansal, Head of Money Management & Crypto, Stripe
Olugbenga Agboola, Founder & CEO, Flutterwave Inc.
Pebbles Sy, Chief Technology & Operations Officer, GCash
Prajit Nanu, CEO, Nium
Theresa Gongora, Executive Vice President, Merchant Solutions, Global Payments, Inc.

Partnerships & Strategic Alliance Award

Jury President:
Anthony Thomas, Managing Director, FinTech, Delivery Hero

Jury Members:
Jose Antonio Murillo, CEO, RappiCard
Joyce Lim, Director of Global Payments, Expedia Group
Mariette Ferreira, Chief Marketing Officer, PPRO
Mohammed Alzubi, Founder & Managing Partner, Nama Ventures
Ranjit Sarai, VP Digital & Ecosystem, Canada, Western Union
Sarah Kocianski, CEO, FinTech Wales
Suvo Sarkar, Host, Money Majlis podcast, Founder & CEO, 3D Advisory

Startup Award

Jury President:
Chetan Puttagunta, General Partner, Benchmark

Jury Members:
Annie Guo, CEO, Silkpay
Mareme Dieng, Partner, 500 Global
Mariel Vasquez, Head of Innovation & Growth, HSBC Mexico
Mark Fiorentino, Partner, Bain Capital Ventures
Noam Inbar, Partner, Viola Fintech
Steph Choo, General Partner, Portage
Vicky Bindra, CEO, Trulioo
Vishnu Acharya, Head of Strategy, M&A, Investments, Razorpay

“The Money Awards Jury plays a vital role in setting the global benchmark for recognizing transformative innovation across the fintech ecosystem.The caliber and diversity of our jury panel reflects the truly global nature of financial innovation,” said Grania Chesterton, Vice President of Awards at Money20/20. “By bringing together voices from established financial capitals and emerging fintech hubs, we’re ensuring that The Money Awards recognize excellence that transcends geographical boundaries and represents the future of finance on a truly global scale.”

Jurors will evaluate submissions through a transparent and impartial process that includes online reviews followed by in-person deliberations at Money20/20 USA. The winners will be announced live at Money20/20 USA in Las Vegas in October, ensuring global recognition.

Winners will receive a bespoke trophy and benefit from year-round visibility through Money20/20’s platforms, including exclusive speaking opportunities, media exposure, investor visibility, and networking at Money20/20 shows worldwide. Entries are open now and are live until the 29th of July.

For more information about The Money Awards, visit www.money2020.com/awardsHashtag: #Money2020

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

About Money20/20

Launched by industry insiders in 2012, Money20/20 has rapidly become the heartbeat of the global fintech ecosystem. Over the last decade, the most innovative, fast-moving ideas and companies have driven their growth on our platform. Mastercard, Wise, J.P. Morgan, SHIELD, Convera, Stripe, Google, VISA, Adyen, and more make transformational deals and raise their global profile with us. Money20/20 attracts leaders from the world’s greatest banks, payments companies, VC firms, regulators and media platforms: convening to cut industry-shaping deals, build world-changing partnerships and unlock future-defining opportunities in Bangkok (22-24 April 2025)in Amsterdam (3-5 June 2025), in Riyadh ( 15-17 September 2025), and in Las Vegas (26-29 October 2025). Money20/20 is where the world’s fintech leaders convene to grow their businesses. Money20/20 is part of Informa Festivals. Follow Money20/20 on X and LinkedIn for show developments and updates. We’re Where Money Does Business. Follow Money20/20 on for show developments and updates. You can also find us on at Money20/20.

CEEG launched data center Integrated Power Module

NANJING, CHINA – Media OutReach Newswire – 22 May 2025 – As the era of AI computing power unfolds, CEEG Transformer CO., Ltd introduces a game-changing solution in Southeast Asia’s dynamic data center market: the BIFANG 2.0 – IDC Intelligent Integrated Power Module. Designed to meet the demands of modern data centers, BIFANG 2.0 redefines efficiency, reliability, and cost-effectiveness.

BIFANG 2.0 features an ultra-integrated design that seamlessly combines 10kV power distribution, transformers, UPS (uninterruptible power supply), and smart monitoring into a single compact unit. This innovative design reduces floor space by 30%, making it an ideal solution for Southeast Asian data centers facing space constraints.

Equipped with Level 1 amorphous alloy transformers, BIFANG 2.0 cuts no-load losses by 60–80%, significantly reducing construction and energy costs. In fact, compared to traditional solutions, BIFANG 2.0 can lower costs by up to 30%, helping enterprises achieve faster return on investment (ROI). Additionally, its advanced technology enables a 2500kVA system to save over 11,000 kWh of electricity annually, positioning it as an eco-friendly choice aligned with sustainability goals.

With seamless power switching capabilities, BIFANG 2.0 ensures 100% uptime, minimizing the risk of costly downtime and data loss. Whether powering small business servers or large-scale enterprise data centers, BIFANG 2.0 reliably supports smooth operations around the clock. Thanks to its pre-fabricated unit design, deployment takes just one week, reducing on-site work by 40%.

CEEG provides a 1-year free remote monitoring and alert service to ensure enterprises stay informed about their BIFANG 2.0 system’s status. Flexible financing options are also available to adapt to diverse budgets and business needs.

With a mature service system and 400,000+ products operating stably worldwide, CEEG has established a strong presence in Southeast Asia, including benchmark projects such as the Indonesia SDE Mine Underground Mining Project, Thailand General Rubber Expansion Project, and Potash International Laos Potash Fertilizer Project, etc.

Don’t miss the opportunity to revolutionize data center with CEEG BIFANG 2.0. Contact CEEG today to learn more about how this product can benefit your business.
Hashtag: #CEEG


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

€2.6 million innovation challenge launches in Southeast Asia to reimagine support for new parents

LONDON, May 22, 2025 /PRNewswire/ — Smart, public ‘parent pods’ located in central community spaces such as markets or parks could soon become a reality around the world as a result of the Good Start Challenge: a €2.6 million global challenge launching today with a call for innovations that improve the wellbeing of parents of young children in underserved communities in Southeast Asia.

The Good Start Challenge, which is also launching in Sub-Saharan Africa and Latin America, was initiated by Van Leer Foundation and is supported by FEMSA Foundation, Fundaçāo Maria Cecilia Souto Vidigal, and LEGO Foundation. It is designed and delivered by global challenge prize expert, Challenge Works.

While becoming a parent is a time of joy, it is also a period of significant change and vulnerability, where many need support for their mental, social and physical wellbeing.

Despite this, communities across Southeast Asia lack access to effective interventions that champion their wellbeing. Research by Milieu has found that 60% of working mothers across the region struggle to balance their professional and personal commitments, and 31% report difficulties in prioritising their own wellbeing.

Similarly, a small study conducted by the Foundation for Mother and Child Health Indonesia found that approximately 35% of pregnant and nursing mothers surveyed in Indonesia exhibited symptoms of depression or anxiety. Just 6% of breastfeeding mothers were found to have stable mental health, and many stated that they had little to no time to rest or care for their emotional wellbeing.

Rushda Majeed, Chief Programme Officer at Van Leer Foundation, said: When a child is born, a parent is also born. We know that a good start for children shapes the rest of their lives. This challenge is asking society to think about a good start for parents. At Van Leer we believe it’s critical to listen to their voices, and work together to shape a powerful and purposeful evolution in the way in which parents and other caregivers are supported. Advancing a global conversation about the importance of parental wellbeing will have a clear, transformative knock-on effect, as healthy and happy parents lay the foundations for their children to lead fulfilling lives and make positive contributions to society.”

While initiatives for supporting parental wellbeing have started to emerge across the globe, more are needed. According to WHO, just a quarter (26%) of governments rate their funding of parent support programmes as sufficient to reach all those in need, despite there being an estimated 500 million parents of children under the age of five worldwide. 

Growing evidence also indicates that new parents experience vast biological and neurological changes, which, combined with increasing pressures such as work and childcare commitments, present challenges – especially for those already living in vulnerable circumstances. 

The Good Start Challenge is therefore a call for simple yet radical ideas that support the wellbeing of parents and caregivers faced with pre-existing obstacles that make it even harder to access resources. Investing in these ideas will not only bolster parent wellbeing, but society as a whole.

Innovations such as ‘parent pods’ would offer welcoming spaces for new parents to take a moment while accessing amenities and forming connections with other local parents, as well as tapping into an AI-powered network of local support services such as counselling and other benefits.

This is one example of a creative solution that could act as a lifeline for parents, enabling them to feel welcomed by society rather than just having to fit in.

Kathy Nothstine, Director of Cities and Societies, Challenge Works, said: “This challenge is about accelerating innovation to reimagine how we can care for parents – something that has been overlooked in the past. This need is particularly acute in underserved communities. Given that parents come into contact with so many services and individuals on a daily basis, this challenge invites creative and impactful solutions from any sector.

“Society is on the brink of a vital and meaningful shift in how we understand, support and prioritise parents, and this challenge will identify innovations that can put this into practice.”

With specific focus on nine countries in Southeast Asia, Sub-Saharan Africa and Latin America, the challenge is designed to address common difficulties experienced by parents in those communities.

In November 2025, up to 22 finalists will be chosen and awarded €50,000 each, alongside support for scaling. In July 2026, up to six winners will each be awarded €200,000.

To find out more about the Good Start Challenge, please visit the website. Applications close on 17 September 2025.