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NEOM welcomes leading industry figures and investors to Hong Kong showcase as part of its ‘Discover NEOM’ China tour

Key government, business and industry leaders attended a series of presentations and meetings organized in partnership with the Belt and Road Office (BRO) under the Commerce and Economic Development Bureau (CEDB) of the Government of the Hong Kong Special Administrative Region (HKSAR).


HONG KONG SAR – Media OutReach Newswire – 19 April 2024 – NEOM has concluded its ‘Discover NEOM’ China tour with an event at its last destination, Hong Kong. The event, held at M+ in the West Kowloon Cultural District, was organized in partnership with the Belt and Road Office (BRO) under the Commerce and Economic Development Bureau (CEDB) of the Government of the Hong Kong Special Administrative Region (HKSAR).

A series of presentations by the NEOM leadership team led the event agenda, showcasing the progress and milestones of NEOM to date, as well as the partnership and investment opportunities available to the audience.

A private showcase, entitled ‘Discover NEOM: A New Future by Design’, was a highlight of the event, providing guests with an immersive experience that explored THE LINE, the 170-kilometer-long city that will be the future of urban living; Oxagon, which is redefining the traditional industrial model; Trojena, the mountain resort of NEOM, and finally, Sindalah, a luxury island destination in the Red Sea that will be open to the public later this year.

Nadhmi Al-Nasr, CEO, NEOM, said: “We would like to thank the Government of the HKSAR and the Belt and Road Office for the support in cohosting the event. We enjoyed showcasing NEOM’s tangible on-the-ground progress and discussing the range of investment opportunities available to Hong Kong companies. We are looking forward in continuing to engage with our Hong Kong partners to meet our shared goals for a better future.”

Mr Algernon Yau, Secretary for Commerce and Economic Development of the HKSAR, said: “It gives me great pleasure to welcome the NEOM leadership team to Hong Kong. As an open economy and one of the world’s top financial, investment and innovation hubs, Hong Kong stands ready to support Saudi Arabia in achieving its vision, while bringing growth opportunities for Hong Kong.

Saudi Arabia are key players in the development of the Belt and Road Initiative (B&RI). With our internationally-benchmarked professional services and talent pool, Hong Kong can provide support for projects, such as NEOM, along the Belt and Road countries. We will continue to foster exchanges and co-operation with Saudi Arabia on all fronts, with a view to achieving mutual benefits and contributing to the B&RI.”

Mr. Nicholas Ho, Commissioner for Belt and Road of the HKSAR, said: “The Belt and Road Office is delighted that NEOM has come to Hong Kong as part of its global tour. As the Belt and Road Initiative and NEOM both share a long-term vision to create a sustainable future based on collaboration, connectivity and innovation, ‘Discover NEOM’ brings people and ideas together to facilitate opportunities and long-term cooperation.

“Not only are these opportunities beneficial to NEOM and the development of Saudi Arabia, but they also create prospects for Hong Kong and its business, technology and cultural sectors. We believe the discussions that have taken place are just the beginning of many fruitful partnerships as Hong Kong continues to strengthen its role as a hub to support the Belt and Road Initiative as it enters its next golden decade”

Discover NEOM Hong Kong is the latest stop for the global roadshow, and follows events in key markets including Beijing, Shanghai, Seoul, Tokyo, Singapore, New York City, Boston, Washington, D.C., Miami, Los Angeles, San Francisco, Paris, Berlin, and London.

Please click here to download the photos.

Photo Caption:(From left to right) Mr. Nicholas Ho, Commissioner for Belt and Road of the HKSAR, Miss Eliza Lee, Permanent Secretary for Commerce Economic Development of the HKSAR, Mr Nadhmi Al-Nasr, CEO of NEOM, Mr Algernon Yau, Secretary for Commerce and Economic Development of the HKSAR.

Hashtag: #neom

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

About NEOM

NEOM is an accelerator of human progress and a vision of what a new future might look like. It is a region in northwest Saudi Arabia on the Red Sea being built from the ground up as a living laboratory – a place where entrepreneurship will chart the course for this new future. It will be a destination and a home for people who dream big and want to be part of building a new model for exceptional livability, creating thriving businesses and reinventing environmental conservation.

NEOM will include hyperconnected, cognitive cities, ports and enterprise zones, research centers, sports and entertainment venues and tourist destinations. As a hub for innovation, entrepreneurs, business leaders and companies will come to research, incubate, and commercialize new technologies and enterprises in groundbreaking ways. Residents of NEOM will embody an international ethos and embrace a culture of exploration, risk-taking and diversity.

For further information email or visit and .

VinFast expands access to comprehensive aftersales network in France and Germany through agreement with Mobivia


PARIS, FRANCE – Media OutReach Newswire – 19 April 2024 VinFast Auto (Nasdaq: VFS) announces the signing of a cooperation agreement with Mobivia, one of Europe’s leading automotive repair and maintenance brands, expanding access to a comprehensive aftersales service network for VinFast customers in France and Germany.

Caption

Through this cooperation, VinFast electric vehicle owners can access the high-quality aftersales services available at Mobivia’s network of 1,200 service centers in France and Germany.

Mobivia will ensure the warranty process, recommend maintenance procedures, and provide new equipment and accessories for VinFast customers, all in accordance with Mobivia’s exceptional standards.

Established more than 50 years ago, Mobivia has fortified its leadership in the automotive repair and maintenance market with a diverse portfolio of brands such as Norauto, Midas, ATU, Auto 5, and Carter-Cash. Embracing innovation in the swiftly evolving automotive landscape, the company is fast-tracking its shift towards electric mobility through its collaboration with VinFast.

Mobivia is deeply committed to sustainable mobility. Mobivia brands offer a 100% dedicated maintenance package for electric vehicles and Mobivia ensures the upskilling of its electro-technicians through dedicated training within its Academy based in Villeneuve d’Ascq, France and a network of specialized EV-Centers in Germany. Mobivia also has a research and development center staffed by engineers specialized in these technologies, who deploy their knowledge throughout Mobivia’s network via a dedicated call center.

With the guiding principle of “Placing customers at the forefront,” this collaboration underscores VinFast’s dedication to supporting both French and German communities in their shift towards eco-conscious transportation and is a pivotal moment in the Vietnamese electric vehicle manufacturer’s endeavor to expand its customer base in the European market.

Mr. Jean-Christophe Mercier, Vice-President Aftersales and Customer Ownership Experience VinFast Europe, said: “VinFast strongly believes that Mobivia’s extensive after-sales service network and skilled technical team will bolster customer confidence in the VinFast brand, ensuring an unparalleled experience for our European customers.”

Mr. Alain Flipo, CEO of Mobivia Fleet Solutions and Partnerships, stated: “Mobivia is proud to support the deployment of VinFast in Europe by providing maintenance and repair services for these electric vehicles. This partnership perfectly embodies the commitment of our brands to sustainable mobility.”

Beyond established markets like the United States, Canada, and Europe, VinFast is vigorously venturing into burgeoning markets across Asia, including India, Indonesia, Thailand, the Philippines, as well as the Middle East and Africa. In addition to its home base in Vietnam, VinFast is actively promoting the establishment of electric vehicle manufacturing plants in the United States and India, with plans for a new facility in Indonesia.

Hashtag: #VinFast

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

About VinFast

VinFast – a member of Vingroup – envisions driving the advancement of the global smart electric vehicle revolution. Established in 2017, VinFast owns a state-of-the-art automotive manufacturing complex with globally leading scalability that boasts up to 90 percent automation in Hai Phong, Vietnam. Strongly committed to the mission of a sustainable future for everyone, VinFast constantly innovates to bring high-quality products, advanced smart services, seamless customer experiences, and pricing strategy for all to inspire global customers to jointly create a future of smart mobility and a sustainable planet. Learn more at:

About Mobivia

Mobivia is an ecosystem dedicated to the mobility of today and tomorrow, with 11 brands and 21 start-ups. Working alongside users for 50 years, Mobivia’s companies provide local support for everyone’s mobility, whatever their needs, means and choices, by offering useful, innovative and sustainable mobility solutions. Mobivia’s 23,000 employees live out its founding humanist values and strong social and environmental commitments on a daily basis and share a common mission: “Opening sustainable mobility to all”.

For more information:

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Galaxy Macau Unveils the New Galaxy Kidz: An Edutainment Center for Play Time

Creating a Family-friendly Destination that Combines Nature and Science, Blending Fun with Knowledge


MACAU SAR – Media OutReach Newswire – 19 April 2024 – The significance of parent-child travel extends beyond documenting children’s growth in various landscapes. It involves exploring vast expanses hand in hand, enriching children’s courage with insights gained on the journey, and capturing precious moments of love and companionship. This ethos aligns with Galaxy Kidz’s commitment to offering entertaining and educational experiences. Situated within the Galaxy Macau™ Integrated Resort, Galaxy Kidz provides a range of facilities and activities where children can discover nature and science, experience joy amidst laughter, and create lasting memories for the whole family.

Boosting a sprawling 75,000 square meters, the Grand Resort Deck offers a true resort experience, inviting guests to immerse themselves in the fun and excitement of water activities.
Boosting a sprawling 75,000 square meters, the Grand Resort Deck offers a true resort experience, inviting guests to immerse themselves in the fun and excitement of water activities.

As the world’s most diverse entertainment and comprehensive destination, Galaxy Macau boasts eight internationally renowned luxury hotels, including the newly-opened Raffles at Galaxy Macau and Andaz Macau. With over 120 dining options, the Galaxy Promenade housing more than 200 international luxury fashion brands, and the largest and newest indoor arena in Macau – Galaxy Arena, it offers guests a one-stop luxury experience encompassing accommodation, dining, shopping, and entertainment.

With the weather warming up and the May Day Golden Week approaching, Galaxy Macau anticipates a new wave of visitors and is once again enhancing its services and experiences. The world-leading Grand Resort Deck has reopened to hotel guests recently. Spanning a sprawling 75,000 square meters, it offers the only true resort experience in Macau, boasting the world’s longest Skytop Aquatic Adventure River Ride at 575 meters and the world’s largest Skytop Wave Pool covering 8,000 square meters. Guests can relax on the 150m pristine white sand beach or experience an adrenaline rush on the vast array of water attractions, including waterslides, geysers, waterfalls, and the kids’ aquatic zone, ensuring a fully enjoyable water adventure.

Wavey, the peacock mascot of Galaxy Kidz, is beloved by children for its beautiful appearance and adorable personality.
Wavey, the peacock mascot of Galaxy Kidz, is beloved by children for its beautiful appearance and adorable personality.
Featuring décor inspired by Wavey the peacock, along with a series of educational workshops, Galaxy Edutainment Center is the ideal choice for families and kids.
Featuring décor inspired by Wavey the peacock, along with a series of educational workshops, Galaxy Edutainment Center is the ideal choice for families and kids.



To better cater the evolving needs of family travelers, Galaxy Kidz has upgraded its facilities and activities accordingly. This enables parents not only to enjoy a stress-free child-rearing experience but also to join their children on a high-quality and inspiring journey. By staying at selected hotels within Galaxy Macau, children can immerse themselves in a range of EDUTAINMENT experiences, guided by Wavey, the beloved peacock mascot of Galaxy Kidz.

At Galaxy Kidz, young guests are warmly invited to participate in a variety of interactive programs and activities that bring edutainment to life.
At Galaxy Kidz, young guests are warmly invited to participate in a variety of interactive programs and activities that bring edutainment to life.

A Warm Welcome from Galaxy Kidz

Young guests staying at Galaxy Hotel™, The Banyan Tree Macau, Okura Hotel Macau, Raffles at Galaxy Macau, or Andaz Macau are eligible for specially tailored welcome treats. Upon arrival, Wavey the peacock will greet them, guiding them through check-in and presenting them with a delightful game passport. Playful and child-friendly amenities are set up in hotel rooms, ensuring that young guests have a blast while their accompanying members enjoy a convenient and restful vacation. Birthday kids will also experience surprise parties meticulously prepared by the hotel, creating unforgettable memories.

Learn and Have Fun with Wavey

Young guests staying at any hotel within Galaxy Macau are eligible for a complimentary 2-hour access to the brand-new Galaxy Kidz Edutainment Center located on the second floor of Galaxy Hotel. Well designed by Manfred Yuen, a renowned young architect from Hong Kong SAR, and inspired by Wavey the peacock, this center is adorned with joyful decorations and offers themed activities and workshops tailored to each child’s interests, providing opportunities to explore S.T.E.A.M. subjects. From scientific experiments in Wavey’s Lab to culinary adventures in Wavey’s Kitchen, there’s something for every child to enjoy. Free Play offers outdoor fun, while Galaxy Kidz Movies and Wavey’s Stories entertain and educate.

Explore the World While Playing

In addition to facilities and regular workshops, Galaxy Kidz offers a variety of educational yet enjoyable activities. These activities aim to enhance children’s skills while they play, including fine motor skills and cognitive development. For example, the Sensory World encourages children to explore freely, stimulating their senses and fostering creativity. Moreover, Nature Explorers allows children to immerse themselves in nature at the tropical Grand Resort Deck, where they can learn about plants and insects or fly kites. For birthdays or other celebrations, heartwarming parties with adorable decorations and gifts from Wavey the peacock are available, creating cherished memories with families and friends.

Book a stay at Galaxy Macau to begin a new family tradition and indulge in a fun-filled educational holiday. For further details on the exhilarating experiences provided by Galaxy Kidz, please contact us at +853 8883 3753 or visit our official website at www.galaxymacau.com/landing/galaxy-kidz.

Hashtag: #galaxymacau #galaxykidz


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, Raffles at Galaxy Macau, Andaz Macau and Broadway Hotel. 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 .

Evolution and current state of global crypto adoption – Octa


KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 19 April 2024 – Every four years, the crypto world gets hyped for the Bitcoin halving. Past halvings, like the one of May 2020, saw a massive increase in BTC transactions, which was driven by growing adoption and community involvement. This trend benefited the crypto landscape across the board. The upcoming halving on 20 April 2024 is expected to trigger a similar surge in public interest and activity. In this article, the experts at Octa provide a brief overview of the evolution and current state of global crypto adoption.

Octa

What sets this halving apart is the increased institutional engagement since 2020, coupled with the integration of traditional financial products like ETFs. This, along with reduced block rewards and more Bitcoins held by long-term institutional investors, has sparked talk of a supply shock.

We can only know so much about the future of crypto. To gain better insights, though, we must understand the context—let’s talk about the current usage of Bitcoin and how we got here.

Evolution of crypto usage
Crypto started with Bitcoin in 2009. As it gained popularity, other cryptocurrencies, like Namecoin and Litecoin in 2011, came onto the market, each with unique features.

A major step forward happened in 2015 with Ethereum and smart contracts, opening the door for decentralised apps (dApps) and asset tokenisation. Yet, the ICO frenzy in 2017 also brought concerns about scams and regulations, which caused a downturn called Crypto Winter in 2018. This period led to a reassessment of blockchain projects and highlighted the need for practical applications.

In 2020, the landscape changed with the growth of decentralised finance (DeFi), which provided new financial services without traditional intermediaries. This led to the creation of platforms like MakerDAO, Compound, and Uniswap.

In 2021, there was a surge in non-fungible tokens (NFTs), which showcased blockchain’s potential in art, collectables, gaming, and entertainment. This trend caught mainstream attention. Notably, an NFT by Beeple sold for a record-breaking amount of $69 million.

With these changes, institutions like PayPal, Visa, and Tesla have increasingly embraced cryptocurrencies, and this was proof of a growing interest in digital assets. More companies started to accept crypto—Ralph Lauren, Microsoft, and airBaltic through direct online payments; Adidas, DoorDash, and Chevron through gift cards. Bitrefill has gone beyond retail, covering credit cards, utilities, loans, healthcare, mortgages, and more.

In 2022, FTX, a major crypto exchange, went bankrupt, casting doubt on the market. However, 2023 saw a strong recovery, with Bitcoin and Ethereum surging in value by over 160% and doubling, respectively. Investors like BlackRock and Fidelity boosted confidence, and the EU approved several crypto regulations.

Trends in crypto payments and fintech integration

Several key forces are shaping this new generation of payments.

1. Cross-border payments modernisation
Traditional cross-border payments tend to be slow and costly. Regulators are paving the way for modernisation, and PayTechs are leveraging digital assets, cryptocurrencies, and distributed ledger technology to improve clearing and settlement processes.

One notable sub-trend within this space is stablecoins. Cryptocurrencies pegged to stable assets like fiat currencies are gaining popularity for cross-border payments. The annualised value transferred in Q1 2024 stands at $6.8 trillion, which is close to the high seen in 2022 at around $7 trillion.

New projects are popping up all the time. In January 2024, Mastercard and Swoo partnered to give crypto cash back to boost mobile payments in Eastern Europe. Seventeen thousand users earned crypto rewards for the first time, which resulted in a 56% increase in credit card spending—an approach that could spread worldwide.

2. Improved brokerage services and wallet integration

Brokers are happy to welcome new users who are looking into embracing alternative payment methods. In a survey by Mastercard a few years back, a substantial number of people expressed interest in trying out new payment methods in the next year. Specifically, many were intrigued by the idea of using crypto for their transactions.

The data supports the survey results. For example, the number of daily Bitcoin transactions has increased from 276,185 a year ago to 473,328.

Cryptocurrency is becoming a preferred payment option beyond just trading on exchanges. Brokerage services like Octa are increasing the volume of such services. With this shift of focus, more people are using cryptocurrencies like Bitcoin, Ethereum, and Litecoin to make direct payments. As consumers and payment providers show bigger interest, the volume of payments also grows.

3. Central bank digital currencies (CBDCs)

BRICS nations (Brazil, Russia, India, China, and South Africa) are testing CBDCs. The Bahamas, Jamaica, and Nigeria have already launched theirs, and according to the International Monetary Fund, over 100 other countries are looking into CBDCs.

CBDCs are changing how finance works by including more people, improving rules, and making finance faster and better overall. Plus, they will reshape global monetary practices.

Regional dynamics in crypto adoption

Last year, Central and Southern Asia and Oceania were among the most dynamic cryptocurrency markets globally. In terms of transaction volume, they’re the third-largest market after North America and Central, Northern, and Western Europe and make up nearly 20% of global crypto activity.

India stands out in transaction volume, with $268.9 billion in crypto assets received during the period under review. Institutional and professional players are the main contributors to transaction volume across all regions.

The fact that lower-middle-income (LMI) countries like India, Nigeria, and Pakistan are sticking with cryptocurrencies is a good sign for crypto’s future. What makes LMI countries distinct is their large populations, accounting for 40% of the world’s—more than any other income group. If these countries represent the future, then crypto will play a major role in it.

As for institutional adoption, it is mainly driven by upper-middle and high-income economies like the USA, Brazil, Singapore, Malaysia, etc. In the US, for example, California lawmakers joined Wyoming and Arizona in proposing laws that would let citizens pay taxes with crypto. Adoption there continues to grow despite market fluctuations, which again indicates a positive outlook for crypto.

Challenges and opportunities
Since cryptocurrencies first emerged, there have always been concerns about ongoing risks.

  • Consumer protection and financial stability. The quick adoption of cryptocurrencies can worsen existing risks for consumers and financial stability. It may lead to currency mismatches, funding challenges, and solvency issues that affect individuals and financial institutions alike.
  • Regulatory ambiguity. Regulatory changes are happening, but in some geos, the pace isn’t fast enough to keep up with the rapid developments in these sectors. Technologies end up in a legal grey zone with unclear rules.
  • Cybersecurity concerns. Due to dependence on technology and networks, there are risks of cyber threats like hacking, fraud, and theft. Strengthened cybersecurity measures, effective risk management strategies, and clear regulatory frameworks are key to safeguarding users’ financial interests and data integrity.

As the masses have become more aware of these challenges, they’ve become less severe over time. Now, the world is at a stage where it can make the most of the provided opportunities.

  • Financial inclusion. Cryptocurrencies offer the unbanked a pathway to financial inclusion and access to fintech services that were previously unavailable.
  • Efficiency. Fintech and cryptocurrencies reduce costs and barriers to international money transfers. These are simpler and more cost-effective alternatives to traditional methods.
  • Innovation and entrepreneurship. Fintech platforms create new avenues for financial activities like investing, trading, borrowing, and lending. With that comes innovation and entrepreneurship in the financial sector.

In a business context, there are still gaps in product offerings and their ease of use, but it’s just a matter of time before these gaps are filled.

With institutions and regular users increasingly involved, there’s a lot of anticipation for what’s ahead. They bring credibility and stability to Bitcoin, attracting more mainstream interest. Halving is a key part of Bitcoin’s growth, but so is the ongoing development of technology and regulatory frameworks. Also, with market dynamics and user behaviour in the mix, a lot of factors will collectively shape the future trajectory of crypto.

It seems that Bitcoin will continue to mature and gain acceptance. As its role in the financial landscape becomes more pronounced, prepare for it to influence not just individual investors but also institutions and governments worldwide.

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 already utilised by clients from 180 countries with more than 42 million trading accounts. Free educational webinars, articles, and analytical tools they provide help clients reach their investment goals.

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.

Octa has also won more than 70 awards since its foundation, including the ‘Best Educational Broker 2023’ award from Global Forex Awards and the ‘Best Global Broker Asia 2022’ award from International Business Magazine.

Qmiax Exchange: Shaping a New Future of Secure and Compliant Cryptocurrency Trading


NEW YORK, US – Media OutReach Newswire – 19 April 2024 – Qmiax Exchange recently achieved a significant milestone by passing audits for Money Services Business licenses in both the United States and Canada. This not only showcases the commitment of Qmiax to regulatory compliance but also underscores its strategic expansion of the platform into the global market.

In the fast-changing cryptocurrency trading landscape, security and compliance are top priorities for stakeholders. Qmiax, with its strategic position and advanced technology, leads in advocating for upgraded industry standards in compliance and security.

Qmiax is dedicated to user-centric services, ensuring a seamless trading experience through a comprehensive workflow that includes products, technology, and customer support. With top talents from leading financial technology firms, Qmiax aims for a Web3 native experience, integrating advanced security and innovative technologies into user interactions.

Beyond meeting market expectations for efficient transaction processing and liquidity, Qmiax is actively expanding its global influence through strategic partnerships within the industry. This strategic approach not only demonstrates the advanced security protocols of the platform but also highlights its professional standards in maintaining a secure trading environment.

The commitment of Qmiax to security and compliance is further evident through its rigorous security audits, continuous monitoring efforts, and collaborations with over-the-counter trading service providers. These initiatives collectively contribute to creating a secure and compliant ecosystem for users, ensuring the safety of their assets and transactions.

As the cryptocurrency asset trading market continues to evolve and global regulatory frameworks undergo enhancements, Qmiax remains at the forefront by implementing industry-leading security protocols, stringent risk management standards, and comprehensive API trading support. These measures are designed to offer users a secure, reliable, and efficient trading environment.

In addition to its technical capabilities, Qmiax prioritizes community building and support, evident through its robust user communities and strategic partnerships with industry experts. Market strategies focusing on user growth, product differentiation, and collaborations further strengthen the market position and brand recognition of the platform.

The journey of Qmiax reflects an unwavering commitment to security and compliance, from obtaining MSB licenses to providing a secure bridge for users in the digital finance realm. These efforts not only contribute to the growth of the platform but also make significant contributions to advancing the cryptocurrency industry as a whole.

Hashtag: #QmiaxExchange

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

Qmiax Exchange Drives Global Cryptocurrency Compliance Process


NEW YORK, US – Media OutReach Newswire – 19 April 2024 – The Financial Crimes Enforcement Network under the U.S. Department of the Treasury recently unveiled a Notice of Proposed Rulemaking, signaling a tightening of regulations around cryptocurrency trading. Against this backdrop, Qmiax Exchange made waves by securing the Money Services Business license from FinCEN, marking a crucial stride towards elevated regulatory compliance in the cryptocurrency exchange area.

Regulatory compliance for cryptocurrency exchanges is a key focus globally, driven by the growing popularity of cryptocurrency trading and increasing investor numbers. Security, transparency, and compliance are crucial for industry progress, highlighted by Qmiax obtaining the FinCEN MSB license, aligning with strict U.S. AML and CFT regulations.

Qmiax has demonstrated a combination of innovation and security by using advanced technologies and strong compliance protocols. This has strengthened its security, improved transparency, and made services more efficient, ensuring the safety of user assets and information. The proactive engagement of Qmiax with regulators and adaptability to changing regulations highlight its leadership in the industry.

This milestone achieved by Qmiax carries broader implications for the cryptocurrency sector. It showcases that amidst stringent regulatory frameworks, exchanges can harmonize innovation with compliance, delivering high-quality services to users. The attainment of Qmiax of the U.S. MSB license sets a benchmark for heightened compliance standards across the industry, motivating other exchanges to elevate their compliance endeavors. This progress not only bridges the cryptocurrency market with traditional financial systems but also pushes the overall legitimacy and transparency of the sector.

As compliance emerges as a cornerstone for cryptocurrency exchange development, the success story of Qmiax underscores that staying abreast of regulatory demands not only mitigates operational risks but also enhances the reputation of an exchange, attracting a broader investor base. With global regulatory environments maturing and standardizing, the achievement of Qmiax is poised to inspire more exchanges to proactively enhance compliance efforts, fostering the long-term, orderly growth of the cryptocurrency market.

The attainment of Qmiax of the U.S. MSB license represents a crucial juncture, charting a course for the own evolution of the exchange while invigorating the compliance trajectory of the cryptocurrency industry. Looking ahead, as regulatory frameworks evolve and industry participants respond proactively, the cryptocurrency sector is poised to enter a new era marked by maturity, safety, and sustainable growth.

Hashtag: #Qmiax

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

NTT pioneers new Direct Liquid Cooling Technology and High Performance Computing (HPC) as-a-Service Solution in Hong Kong

Delivering an on-demand Infrastructure as-a-Service (IaaS) model, the new solution fast-tracks the deployment of high-density data centers to empower the adoption of leading high-performance technologies. Further strengthen Hong Kong’s role as an AI Innovation and FinTech Hub in the region.


HONG KONG SAR – Media OutReach Newswire – 19 April 2024 – NTT Com Asia Limited (“NTT”) today announced the launch of a new High Performance Computing (HPC) as-a-Service Solution in Hong Kong to help enterprises streamline and fast-track the deployment of high-density data centers to fuel the massive growth in compute-intensive workloads, further reinforcing Hong Kong’s role as an AI Innovation and FinTech Hub in the region. Developed in collaboration with Dell Technologies (NYSE: DELL), the solution brings together the capabilities of two key market players – combining NTT’s direct liquid cooling (DLC) enabled data center infrastructure and managed services with Dell advanced computing technology.

From left to right: Steven So, Senior Vice President, Data Center Hong Kong, NTT Com Asia; Alex Chan, Vice President, Enterprise and Digital Solutions, NTT Com Asia; Jackie Kwong, General Manager of Dell Technologies Hong Kong & Macau; Leo Tsou, Director of Systems Engineering of Dell Technologies.
From left to right: Steven So, Senior Vice President, Data Center Hong Kong, NTT Com Asia; Alex Chan, Vice President, Enterprise and Digital Solutions, NTT Com Asia; Jackie Kwong, General Manager of Dell Technologies Hong Kong & Macau; Leo Tsou, Director of Systems Engineering of Dell Technologies.

The new solution delivers HPC resources to support customers with end-to-end deployment – from co-location, infrastructure hosting, and computing servers to managed services. Available on a flexible as-a-service commercial model, customers can enjoy fast deployment of high-performance computing of more than 50 kW within NTT Financial Data Center and Taipo Data Center in Hong Kong[1].

“We are seeing a rapid take-up of AI and emerging technologies at scale across businesses in Hong Kong and Asia, which poses new challenges to traditional IT infrastructure.” Alex Chan, Vice President, Enterprise and Digital Solutions, NTT Com Asia said. “Alongside Dell Technologies, we’re offering enterprise customers a turnkey solution that allows them to scale up their IT infrastructure quickly and cost-efficiently with end-to-end deployment to ease operational hassle.”

Findings from an industry report indicate a surge in demand for data centers, substantially fuelled by the wave of generative AI and the need for more data processing capacity. Cushman & Wakefield predicts that the demand in Southeast Asia and North Asia (including Hong Kong) will grow by over 25% per year through 2028[2]. Despite the growth, increasing power consumption and cooling capabilities of data centers remain key challenges for enterprise deployment.

“At Dell Technologies, we are dedicated to empowering organizations to generate faster, smarter outcomes with our cutting-edge, smart cooling technology.” Jackie Kwong, General Manager of Hong Kong and Macau, Dell Technologies said. “We deliver energy-efficient infrastructure to help customers enhance server performance and cooling capabilities in data centers.”

“We are proud to be working with Dell Technologies to offer this new solution for all our customers. At NTT, we pride ourselves for the state-of-the-art data center infrastructure and the reliability we bring to our customers. The collaboration makes NTT data center in Hong Kong an ideal location to support the demanding processor-intensive deployments that are fast-becoming vital to the transformation of modern enterprises in the AI era.” Steven So, Senior Vice President, Data Center Hong Kong, NTT Com Asia said.

More information available at: Power Innovations with Direct Liquid Cooling | NTT Hong Kong


[1] Based on NTT’s testing result of NTT Financial Data Centre (January 2024)

Hashtag: #NTT

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

About NTT Com Asia Limited

As part of NTT Group, a world-class leader in telecommunications and ICT services, NTT Com Asia Limited (“NTT”) is dedicated to delivering the best ICT infrastructure and disruptive technologies with the vision to enable a smarter world.

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The International Exhibition of Inventions in Geneva Reveals More than 40 Scientific and Technological Innovation Achievements from Hong Kong

Hong Kong Innovation and Invention Exhibition participates in the 49th International Exhibition of Inventions in Geneva, Switzerland for the first time


HONG KONG SAR – Media OutReach Newswire – 19 April 2024 – The Hong Kong Innovation and Invention Exhibition led by the Hong Kong Exporters’ Association, brought around 30 local innovation and technology enterprises to make their first appearance on the global stage at the prestigious 49th International Exhibition of Inventions in Geneva, Switzerland, from April 17 to 21 Central European Time. The Exhibition will showcase over 40 cutting-edge inventions and technologies from Hong Kong.

The Hong Kong Innovation and Invention Exhibition, a program of the Hong Kong Exporters Association, showcases Hong Kong's innovation and technology potential to the world From left: Claude Membrez, CEO of Palexpo; HKEA Honorary Advisor, IR. Andrew Young; Caroline Simonet, Director of IEIG; HKEA Chairman, Eric Sun; David Taji, President of the Jury, IEIG
The Hong Kong Innovation and Invention Exhibition, a program of the Hong Kong Exporters Association, showcases Hong Kong’s innovation and technology potential to the world
From left: Claude Membrez, CEO of Palexpo; HKEA Honorary Advisor, IR. Andrew Young; Caroline Simonet, Director of IEIG; HKEA Chairman, Eric Sun; David Taji, President of the Jury, IEIG

The “Hong Kong Innovation and Invention Exhibition” project exhibition area is located at Booth B61 in Hall 1, covering 80 square meters. The Hong Kong Exporters’ Association organizes the project and is sponsored by the Innovation and Technology Commission. It aims to provide the local innovation and technology industry free international exchange opportunities, bring Hong Kong innovation and technology products onto the global stage, and promote Hong Kong’s innovation and technology stories to the world.

The “Hong Kong Innovation and Invention Exhibition” showcases Hong Kong innovations and inventions covering five major categories: smart city, smart home and life, innovative finance, health technology and pharmaceuticals, intelligent transportation, and intelligent industry. The innovation and technology products on display include:

Smart City: In Hong Kong, the elderly population reached 1.57 million in 2023. The number is projected to further increase to a daunting 2.74 million in 2046, accounting for approximately 33.5% of Hong Kong’s total population. SINOVATED TECHNOLOGY’s one-stop intelligent monitoring system for eldercare centers, “SAFERIN,” integrates three core functions of health risk assessment, safety monitoring, and workforce management in institutions. It assists the nursing staff’s workload and care pressure, eases the workforce needs of eldercare centers, and enhances institutions’ service quality and operational efficiency.

Watch the video to learn how SAFERIN AI-powered intelligence system works:
https://drive.google.com/file/d/1wVZDOJpPoVHXvyW_W6X–h4-lLu2G72Y/view

Smart home and life: GREEN DAY INC’s carbon dioxide recovery and resource regeneration device, CIONEX, can convert carbon dioxide into carbon storage materials or algae cultivation, achieving circular utilization.
Innovative Finance: The ETBadge, which Eternal Technology invented, adopts blockchain technology, which allows learners to present reliable and authentic academic and professional skills certifications to potential employers. The properties of blockchain make such certifications challenging to tamper with and counterfeit, and their authenticity is independent of verification by a central institution.

Watch the video to learn how ETBadge works:
https://www.youtube.com/watch?v=f2DyJ0Ma5NE&t=27s

Health Technology and Pharmaceuticals: Gense Technologies’ portable health screening device, Mediscan, can be used for preventive screening and at-home monitoring of chronic diseases, focusing on the liver, lungs, kidneys, and other areas. It is suitable for home use, eldercare services, and clinics.
Intelligent transportation: The electronic lock developed by the Logistics and Supply Chain MultiTech R&D Centre can help reduce the need for customs officers in two places to repeatedly inspect the same batch of goods, improving cross-border customs clearance efficiency.

The electronic lock has been used since 2016 at 63 customs clearance points in Guangdong Province and Hunan Province in mainland China, together with 13 clearance points in Hong Kong, assisting mainland and Hong Kong Customs in implementing the “One Lock Across Borders” initiative.

Intelligent industry: Shanghai Leading Technology’s microwave plasma chemical vapor deposition system is an advanced material preparation equipment used to grow large-sized, high-quality films, coatings, or crystals in semiconductor manufacturing, optoelectronics, coating preparation, and optical coatings. Applications such as diamond growth play a key role.

Eric Sun, Chairman of Hong Kong Exporters’ Association, said, “Hong Kong’s technology companies have developed innovative solutions with global potential. The Hong Kong Exporters’ Association and the Innovation and Technology Commission are showcasing 43 Hong Kong innovations at the International Exhibition of Inventions in Geneva. This renowned exhibition allows Hong Kong’s tech industry to engage with international leaders, aiding overseas market expansion and facilitating the sector’s internationalization.

Caroline Simonet, Director of the Geneva International Exhibition of Inventions, said, “The rapid pace of technological change continues to reshape the global business environment, transforming industries of all types. At this year’s exhibition, we witnessed Hong Kong’s dynamic spirit of invention on full display through the region’s innovators, who demonstrated creative solutions brimming with potential. Looking ahead, we aim to foster increased opportunities for international exchange and learning to elevate promising ideas from diverse origins to broader audiences. By facilitating open collaboration, all regions may share in the benefits of innovation as knowledge circulates more freely, driving progress for the benefit of people worldwide.”

Hashtag: #HongKongExportersAssociation

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

About “Hong Kong Innovation & Invention” (Project)

“Hong Kong Innovation & Invention” (Project), organized by the Hong Kong Exporters’ Association (HKEA) and sponsored by the Innovation and Technology Commission (ITC) of the Government of the Hong Kong Special Administrative Region, is an initiative dedicated to showcasing and promoting Hong Kong’s immense potential in innovation and technology (I&T) to a global audience. The Project aims to facilitate collaboration within the industry and cultivate a vibrant I&T culture among the general public.

For more details on the Project, visit .

About HKEA

Founded in May 1955, the Hong Kong Exporters’ Association (HKEA) is a non-profit making trade association registered under the Hong Kong Companies Ordinance. The Association’s mission is to develop Hong Kong as a trading hub for exporters, dedicating its efforts to serve and add value for the exporter community.

Disclaimer:
Any opinions, findings, conclusions or recommendations expressed in this material/event (or by members of the project team) do not reflect the views of the Government of the Hong Kong Special Administrative Region, the Innovation and Technology Commission or the Vetting Committee of the General Support Programme of the Innovation and Technology Fund.