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IXCI invites Industry Comments on Asset Tokenisation Standard Discussion Paper


HONG KONG SAR – Media OutReach Newswire – 2 July 2024 – IX Capital International Limited has released the Asset Tokenisation Standard Discussion Paper.

Over the years, tokenised bonds have gained popularity. As of the end of March 2023, the total issuance of tokenised bonds globally reached US$3.9 billion, with approximately 90% of these tokenised bonds were issued between 2021 and 2023.

The Asset Tokenisation Standard (“Standard”) is developed to complement with the IX Digital Asset Industry Classification System (DAICS®) which was published in September 2022. DAICS® is a three-tier system covering both cryptocurrencies and asset-backed tokens. The discussion paper aims to enhance a certification program and disclosure platform for tokenised assets. The Standard establishes the foundational layer, enabling benchmarking between regulated and unregulated exchanges. Simultaneously, the Standard allows flexibility for exchanges to develop their second layer on listing requirements. By facilitating comparison among tokens, the Standard promotes information safety.

The discussion paper sets out the framework and eligibility criteria of the Standard, among others. The Standard has the flexibility to allow issuers to continue to innovate and are targeted at industry participants, small and medium enterprises, large corporations in Hong Kong and Greater Bay Area, and can be applicable to issuers in China and Asia.

The discussion paper is available on IX Capital International Limited website in English and Chinese.

IX Capital International Limited invites industry leaders, scholars and the public to comment on the discussion paper. Interested parties can respond by completing the questionnaire and send written comments by e-mail to tsconsult@ix-index.com no later than 31st August 2024.

Hashtag: #IXCI

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

About DAICS®

DAICS® covers both cryptocurrencies and asset-backed tokens (“ABT”), to be reviewed semi-annually at the end of June and December. On cryptocurrencies side, it is a three-tier system that groups cryptocurrencies into 5 main industries: 1) Payment, 2) Infrastructure, 3) Financial services, 4) Technology & Data and 5) Media & Entertainment. These industries are further divided into 16 sectors and sub-sectors to be introduced in the future. Under asset-backed tokens, there are 6 asset types: 1) Culture, 2) Real Estate, 3) Financials, 4) Entertainment, 5) Natural Resources, 6) Green Economy. These asset types are further divided into 31 branches and sub-branches to be introduced in the future.

About IX Asia Tokenization Advisory Committee and Working Group

The establishment of the IX Asia Tokenisation Advisory Committee (“Advisory Committee”) is to pursue the goal and vision to formulate a standard for global tokenization framework in a compliant and transparent way. The key role of the Advisory Committee is to formulate the guideline and reference for tokenization in terms of infrastructure, business financial stability, sustainability, internal control and classification. The Advisory Committee is comprised of industry recognised leaders from blockchain consultancy, sustainable projects and field in Art industry.

The establishment of the Working Group is to identify, evaluate and recommend key directions and founding principles according to their specific industry knowledge and expertise in relating to the creation of the specified token. It will examine and propose improvements to the guidelines and references for tokenization. The working group is formed of a diverse group of market experts representing relevant sectors and markets, to provide input and discuss case studies for creation of tokenization framework, best practices and development of real-world projects.

For more information about IX Asia Tokenization Advisory Committee & Working Group, please visit .

Laos to Prepare for Potential Flooding, Landslide Hazards, Meteorologists Warn

Laos to Prepare for Potential Flooding, Landslide Hazards, Meteorologists Warn
Rainfall in Luang Prabang. Photo Credit: Darly YouTube channel

The Meteorology and Hydrology Department of Laos has warned of potential flooding and landslides across several provinces from 1 to 7 July, as heavy monsoon rains continue to lash the region.

Bupa Introduces “Cancer Care” To Help Fight The Challenges and Complexities of Cancer

“Cancer Care” supports patients to navigate a challenging journey with more clarity and support


HONG KONG SAR – Media OutReach Newswire – 2 July 2024 – Cancer is a complex and multifaceted disease, impacting the lives of thousands of patients and their loved ones. In Hong Kong, approximately 100 new cases of cancer are diagnosed every day[1], while data analysis from Bupa indicates that cancer accounts for 1 in 10 health insurance claims—over 31,000 claimants in total over the past five years, with HK$1.4 billion paid out by Bupa.

Bupa introduces “Cancer Care” to help fight the challenges and complexities of cancer
Bupa introduces “Cancer Care” to help fight the challenges and complexities of cancer

While some people are more likely than others to receive a cancer diagnosis, cancer can happen to anyone. Behind every piece of data is a real person. A friend. A colleague. A family member. A member of the Hong Kong community. Fighting cancer is critical—but fragmented elements of treatment and an overwhelming amount of information may complicate the treatment journey, making it difficult for patients to get the care they need and creating even more stress for patients and their families.

In an effort to tackle these challenges, reduce patient stress, and deliver a more seamless and supportive care experience to customers, Bupa is introducing an integrated cancer care support system: “Cancer Care”.

“Cancer Care” supports patients who suspect or are given a positive cancer diagnosis to navigate the challenging world of cancer care with more clarity and support. With “Cancer Care”, patients get a streamlined path to diagnosis, treatment and follow-up services, and a consistent source of vital support at every step of their cancer care journey.

Fiona Harris, Managing Director, Bupa in Hong Kong, said, “Patients who receive a positive cancer diagnosis may be uncertain and deeply concerned about their next step. Unfortunately, many patients don’t know where to turn. They don’t have a one-stop source of information and support. Moreover, cancer is a deeply complex disease and often requires a dynamic, ever-evolving, multi-team treatment approach. Each stage may bring new doctors and new information to become acquainted with. ‘Cancer Care’ supports patients at every step in the cancer care journey, to relieve patient anxieties, elucidate information and avoid delays in potentially life-saving treatment.”

Coordinating diverse elements of treatment, the key features of “Cancer Care” include: a dedicated nurse hotline where patients can ask questions and get help arranging the next step in their cancer care journey; tailored treatment plans developed by a professional team of oncologists, specialists and the patient; fast-tracked appointment booking; allied health and post-treatment support; proactive check-ins; and more. Cancer Care is available to all Bupa customers, including individual and corporate group plan members.

“Cancer Care” is made possible through the connected team approach. As a leading integrated healthcare business in Hong Kong, offering both insurance and private healthcare provision, Bupa is uniquely able to bring together disparate elements of the cancer care ecosystem so that patients receive a more coordinated, less fragmented care experience. A team of doctors and nurses is just a phone call away to support patients in their cancer care journey.

Harris added, “Bupa’s purpose is to help people live longer healthier happier lives and make a better world. This purpose can only be achieved by putting customers at the heart of everything we do. ‘Cancer Care’ centralises the patient experience by prioritising support and transparency so that customers can be less overwhelmed when navigating the challenging world of cancer diagnosis and treatments. With ‘Cancer Care’ we are addressing patients’ physical, mental and emotional needs, to support whole-person wellness for our customers.”

“Cancer Care” supports all Bupa members in navigating the challenging world of cancer care with more clarity and support. If any Bupa member suspects they have cancer, receives a diagnosis, or is undergoing treatment, they can call the dedicated hotline at +852 2517 5788 for practical and emotional support.


[1] The Government of the Hong Kong Special Administrative Region, Cancer Online Resource Hub www.cancer.gov.hk/en/hong_kong_cancer/overview_of_cancer_statistics_in_hong_kong.html

Hashtag: #Bupa #Cancer #CancerCare #Insurance #Healthcare

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

Bupa – A health insurance specialist

Bupa is an international healthcare group dedicated to helping people live longer, healthier, happier lives and making a better world for over 70 years. We serve more than 38 million customers worldwide. With no shareholders, we reinvest our profits into enhancing healthcare for the benefit of current and future customers.

Bupa has been a health insurance specialist in Hong Kong since 1976, offering one-stop solutions across domestic and international health insurance, and healthcare services. Our comprehensive medical insurance schemes are tailored to meet individual needs, and we provide health solutions for companies of all sizes. We also have a team of registered nurses, health management professionals, and doctors who provide various expert healthcare support.

Our healthcare provision arm, Quality HealthCare Medical Services (QHMS), became part of Bupa in October 2013. QHMS offers Western Medicine, Traditional Chinese Medicine, Diagnostics & Imaging, Dental, Physiotherapy, Mental Health and Wellness services via a network of over 1,650 provider service points in Hong Kong.

For more information, visit .

DEUTZ inks cooperation with TAFE, India’s leading agricultural group

  • Advantages for German locations due to broader supplier base
  • Cooperation to be extended to green drives

COLOGNE, GERMANY – EQS Newswire – 2 July 2024 – DEUTZ is adding another cornerstone to its Dual+ strategy, which includes both the further development of alternative drive systems and the expansion of the internal combustion engine business. The cooperation with the Indian agricultural group TAFE Motors and Tractors Limited announced today allows DEUTZ to expand its business in India, tapping into one of the fastest growing markets worldwide. TAFE Motors is the subsidiary of TAFE, the third largest tractor manufacturer in the world. In 2023, the Indian economy grew by around 6 to 7 percent and it is expected that India’s gross domestic product (GDP) will quadruple by 2050. The agricultural and construction sector will play a major role in achieving this strong growth.

As the beginning of a long-term cooperation, TAFE Motors will manufacture up to 30,000 DEUTZ-engines in 2.2 Liter (50-75 hp) and 2.9 Liter (75-100 hp) under license. The aim is to augment and complement the wide range of engines made by the Group across emission standards. TAFE Motors will produce engines to suit growing demands of the Indian market as well as for DEUTZ’s requirements. The engines will be produced in TAFE Motors’ modern manufacturing facility at Alwar, Rajasthan in India.

DEUTZ will use the Indian manufacturing base to market its engines in neighboring markets (esp. APAC), benefitting from advantages in production and logistics.

“The strategic cooperation with TAFE Motors secures DEUTZ access to growing markets with strong potential and long-term prospects,” explains DEUTZ CEO, Dr. Sebastian C. Schulte. “It also enables us to continue producing at competitive costs in the future and makes us less dependent on the existing supplier landscape, which is becoming increasingly challenging due to the technological shift and geopolitics”.

The cooperation gives DEUTZ the opportunity to expand its supplier base to ensure a more efficient and more resilient production. It will also reduce its dependence on supply chains in geopolitically tense regions – without sacrificing the corresponding cost benefits. This particularly benefits DEUTZ’s German production sites.

Speaking on behalf of TAFE Motors, Sandeep Sinha, CEO of TAFE Motors said, “This strategic cooperation between TAFE Motors and DEUTZ will be mutually beneficial, as it will offer access to shared resources and technologies to produce engines that complement TAFE Motors’ and the Group’s existing range to meet the demand for both domestic and international markets. This cooperation will also offer DEUTZ access to high-quality engines at best cost for new applications in Indian and relevant overseas markets”.

Both parties are exploring opportunities to expand the cooperation to green drives.

Hashtag: #DEUTZ #TAFE

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

About DEUTZ AG

DEUTZ AG, a publicly traded company headquartered in Cologne, Germany, is one of the world’s leading manufacturers of innovative drive systems. Its core competencies are the development, production, distribution, and servicing of drive solutions in the power range up to 620 kW for off-highway applications. The current portfolio extends from diesel, gas, and hydrogen engines to all-electric drives. DEUTZ drives are used in a wide range of applications including construction equipment, agricultural machinery, material handling equipment such as forklift trucks, stationary equipment such as generator sets (gensets) and lifting platforms as well as commercial and rail vehicles. With over 5,000 employees worldwide and around 1,000 sales and service partners in more than 120 countries, DEUTZ generated revenue of over €2.1 billion in the 2023 financial year. Further information is available at .

Da Nang: World-class summer events and artistic performances


DA NANG, VIETNAM – Media OutReach Newswire – 2 July 2024 – Da Nang – Asia’s Leading Festival and Event Destination 2022, recognised by the World Travel Awards, continues solidifying its status as the region’s festivals city with Sun Group’s world-class events and performances this summer of 2024.

'Symphony of River' show at Da Nang Downtown with artistic fireworks every night.
‘Symphony of River’ show at Da Nang Downtown with artistic fireworks every night.

DIFF 2024 – Performance of nearly 47,000 fireworks

The Da Nang International Fireworks Festival (DIFF 2024) themed ‘Made in Unity’ spans two summer months and features eight teams fromFrance, Italy, the US, Germany, Poland, China, Finland and Viet Nam.

The grand finale is set for July 13 at the fireworks stage by the Han River. Event organiser Sun Group, are illuminating the nights over the Han River with the brilliance of 46,561 fireworks.

Nadia Shakira Wong, Director of Global 2000 Fireworks Consulting and the event producer of DIFF 2024, said: “Da Nang International Fireworks Festival (DIFF) is big playgrounds in the region that any fireworks team want to try their hand at.”

Awaken River – Jetski and Flyboard performances

This show awakens the western bank of the Han River with thrilling jetski and flyboard performances straight out of Hollywood blockbusters.

It is held daily at 5.30pm at Da Nang Downtown‘s riverside stage, which offers nearly 3,000 seats.

This first-time event in Da Nang will amaze visitors with powerful jetski drifts and world-champion flyboard athletes performing 360-degree somersaults at heights of 15 metres, akin to a tall building.

Sun Group collaborates with Australia’s H2O, a company with 30 years of experience organising sports art shows and working on blockbuster movies like James Bond and Mission Impossible.

Symphony of River – A midsummer night’s dream of diverse art forms and fireworks

Following Awaken River, the multi-experiential show ‘Symphony of River’ tells stories in rhyme and fairy tales about the Han River. ‘Symphony of River’ occurs daily at 8.30pm.

It features a spectacular blend of jetski and flyboard performances, light shows, artistic fireworks, circus and dance. It involves nearly 100 international performers from many countries and genres, including ballet, hip-hop, contemporary dance and malambo drumming, and artistic fireworks every night.

The brilliant fireworks display of “Symphony of River” also mạkes Da Nang become the center of tourism of Vietnam this summer, besides the “magnet” DIFF 2024. Now, the atmosphere of DIFF 2024 will not only stop on the final night of July 13 but will also last all summer.

For the first time in Da Nang, audiences will enjoy world-famous magic shows, including quick change and funky balloon by stars Minasov Victor and Minasov Elena, and performances by the Teslenko family, renowned globally for their juggling skills. The show officially premieres on June 28.

Vietnamese Puppetry (Roi Viet) – The essence of Vietnamese art

Visitors to Da Nang can explore Vietnamese culture at the largest puppet theatre in Central Viet Nam – Au O Theatre. The ‘Roi Viet’ show is performed by the artists from the Viet Nam Puppet Theatre. It combines over 1,000 years of traditional water puppetry and land puppetry, integrating folktales with contemporary art elements and showcasing the beauty of Viet Nam’s culture and people.

The show runs daily (except Monday) at the Au O Theatre in Da Nang Downtown, accommodating about 600 guests.

Awaken River show, Vietnamese Puppetry (Roi Viet) at Au O Theatre, Fairy Blossom show and DIFF 2024 (from left to right and top to bottom).
Awaken River show, Vietnamese Puppetry (Roi Viet) at Au O Theatre, Fairy Blossom show and DIFF 2024 (from left to right and top to bottom).

Fairy Blossom – The pinnacle of circus art at Ba Na Hills

Beyond the vibrant city centre, visitors can head to Ba Na Hills‘s peak to a fairy-tale world at 1,500 metres high.

At Sun World Ba Na Hills, the ‘Fairy Blossom’ show brings a dazzling art garden amidst the clouds and mountains. It features 12 types of performance arts, including circus, contortion, diabolo, balance acts, aerial silk, parkour, juggling, sway pole, dance and etc.

This largest-scale show at Ba Na Hill this year takes place daily at 11am at Noel Plaza, involving over 200 international and Vietnamese artists.

Directed by Tuan Le, a former member of the famed Cirque du Soleil, author of famous shows such as My Village, A O, Teh Dar. “Fairy Blossom” also features stars, including Domitil Aillot – the world’s top male pole circus artist from France; the famous twin stars of Cirque du Soleil – Crystal Ladies with magical legs, once stirred up The Ellen Show; hand-balancing circus artist Oleg Izossimov and aerial silk queen Olga Moreva from Russia.

Moreover, Sun World Ba Na Hills offers unmissable experiences this summer, including Soloist stages, solo performances and the ‘Enchantment’ parade with 40 international artists.
Hashtag: #SunGroup #SunWorldBanaHills #DanangDowntown

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

Groundbreaking Plastic Waste Management Project Launching in Saudi Arabia

Riyadh, Saudi Arabia, Duisburg, Germany, and Oslo, Norway – 1st July 2024


RIYADH, SAUDI ARABIA/ DUISBURG, GERMANY/ OSLO, NORWAY – Newsaktuell – 1 July 2024 – MVW Lechtenberg Projektentwicklungs- und Beteiligungsgesellschaft GmbH, the leading consulting firm specializing in alternative fuels for the cement and related industries, in collaboration with Empower, a leading provider of innovative traceability solutions, is excited to announce the launch of a transformative plastic waste management project in The Kingdom of Saudi Arabia.

MVW Lechtenberg Projektentwicklungs- und Beteiligungsgesellschaft GmbH, the leading consulting firm specializing in alternative fuels for the cement and related industries, in collaboration with Empower, a leading provider of innovative traceability solutions, is excited to announce the launch of a transformative plastic waste management project in The Kingdom of Saudi Arabia.
MVW Lechtenberg Projektentwicklungs- und Beteiligungsgesellschaft GmbH, the leading consulting firm specializing in alternative fuels for the cement and related industries, in collaboration with Empower, a leading provider of innovative traceability solutions, is excited to announce the launch of a transformative plastic waste management project in The Kingdom of Saudi Arabia.

To enhance the capabilities and reach of this project, MVW Lechtenberg & Partner Middle East and SIRC have founded a joint venture. Saudi Investment Recycling Company (SIRC), the executive arm for waste management from the Government of Saudi Arabia, a key player in the initiative, is a wholly-owned subsidiary of the Public Investment Fund (PIF) in the Kingdom.

MVW Lechtenberg Projektentwicklungs- und Beteiligungsgesellschaft GmbH, the leading consulting firm specializing in alternative fuels for the cement and related industries, in collaboration with Empower, a leading provider of innovative traceability solutions, is excited to announce the launch of a transformative plastic waste management project in The Kingdom of Saudi Arabia.
MVW Lechtenberg Projektentwicklungs- und Beteiligungsgesellschaft GmbH, the leading consulting firm specializing in alternative fuels for the cement and related industries, in collaboration with Empower, a leading provider of innovative traceability solutions, is excited to announce the launch of a transformative plastic waste management project in The Kingdom of Saudi Arabia.

The goal of the project is to process approximately 3 million tonnes of municipal solid waste per year to produce refuse-derived fuels (RDF) in six governorates. The estimated CO2 emissions reduction when the project is fully implemented would be approximately 1,791,300 tonnes per year.

Empower’s blockchain technology will play a crucial role in this project, ensuring transparent tracking and management of plastic waste from collection to recycling and RDF conversion. This system will allow real-time monitoring of waste management activities, providing valuable data for stakeholders including municipalities, governments, and environmental organizations.

A key innovation in this project is the integration of Plastic Credits and RDF systems. Plastic Credits incentivize responsible waste disposal by providing financial rewards for verified plastic waste collection and recycling activities. These credits can be traded or sold to entities aiming to neutralize their plastic footprints or comply with environmental regulations, thereby fostering a more circular economy.

Plastic Credits will help close the financial gap between the cost of collecting and processing plastic waste and the market price for recyclable materials and RDF. By providing a sustainable revenue stream, these credits will ensure the long-term financial viability of this waste management initiative, making it more attractive to investors and stakeholders.

The verification of these credits will be based on the GPx traceability standard developed by GPN Corporation, as a member of the International Green Purchasing Network (IGPN). This standard ensures high levels of transparency, traceability, and accountability, which are crucial for building trust and securing participation from various stakeholders.

Hashtag: #MVWLechtenberg&Partners

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

About MVW Lechtenberg GmbH

MVW Lechtenberg & Partner, a German consulting firm in the field of efficient and sustainable use of alternative fuels. With extensive experience in international projects, Lechtenberg & Partner is committed to promoting sustainable practices and innovative solutions in waste management.

About Empower

Empower is a Norwegian technology company specializing in supply chain traceability solutions. With a focus on sustainability and transparency, Empower’s innovative platform helps businesses and organizations manage waste more efficiently and responsibly.

ONEFi Announces Integration of Web3 Wallet, Bridging Web2 and Web3 Finance


HONG KONG SAR – Media OutReach Newswire – 1 July 2024 – ONEFi, a leading Open Banking wealth management platform, is pleased to announce its strategic transition to a comprehensive Web3 wallet, set to launch in Q4 of 2024. On this date, the company will simultaneously shut down its current app on both the App Store and Play Store, marking a significant evolution in its service offerings.

ONEFi Announces Integration of Web3 Wallet, Bridging Web2 and Web3 Finance

This move heralds the launch of the ONEFi Web3 ecosystem, designed to seamlessly bridge Web2 and Web3 through Decentralized Finance (DeFi) and Real-World Assets (RWA). Within this ecosystem, users of incumbent banks can explore the dynamic world of Web3, gaining access to their Digital Identity via ONE-ID, which authenticate nationality, wealth level via open banking API & sentimental analytics by AI. Additionally, borrowers can secure liquidity by pledging primary market assets such as pre-IPO shares, commodities, and prime location real estate to designated local financial institutions.

ONEFi’s integration of Web3 wallet capabilities signifies a bold step towards redefining financial services, providing enhanced accessibility, security, and innovation in the evolving digital landscape.

Introduction to ONEFi

Since 2023, ONEFi has emerged as a leading global banking network in the APAC region, connecting with 2,800 banks across 9 countries. With over 25,000 users in Hong Kong, Japan, and Australia, and monitoring $8.00Bn USD in assets, ONEFi offers tailored financial deals. The platform features unique deal-making rooms for institutions and high-net-worth individuals (HNWI), providing exclusive access to private equity opportunities in pre-IPO assets. This includes high-profile companies like SpaceX, xAI, Revolut, and EPIC Games, offering investors unique exposure to potentially lucrative investment opportunities before they go public.

As an all-in-one financial platform, ONEFi leverages users’ financial status to offer exclusive financial deals, including loan, insurance, and private market opportunities.

Strategic Partnerships

ONEFi has forged strategic partnerships with industry leaders such as AlphaStack, Klink Finance, Crusade Partners, MEET48, Plearn Finance, KWM Capital, and Standard Perpetual to enhance its wealth management offerings. This collaboration leverages each partner’s expertise in fintech, real estate, private equity, and financial services to provide a comprehensive and robust financial ecosystem.

To learn more, please visit: https://www.onefi.io/
Hashtag: #ONEFi

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

Dragon Edge Group honored for the 2nd year as one of the Best Places to Work in Philippines for 2024


MANILA, PHILIPPINES – Media OutReach Newswire – 1 July 2024 – Dragon Edge Group, a leading FMCG company celebrated for its iconic brands such as Beach Hut, Cycles, Cradle, and Bite Block, is proud to announce its recognition as one of the Philippines’ Best Places to Work for 2024.

Dragon Edge Group’s commitment to HR excellence was demonstrated through a variety of strategic initiatives and core values that emphasize the importance of a supportive, growth-oriented, and inclusive work environment. In addition, the company prioritizes work-life balance through policies like flexible working hours, remote work options, and generous paid time off, ensuring that employees can maintain a healthy equilibrium between their professional and personal lives.

Kdy Corduva, Head of People & Culture at Dragon Edge Group, shares her insights into the company’s exceptional workplace environment: “At Dragon Edge Group, we prioritize cultivating a dynamic and supportive workplace environment that fosters collaboration, innovation, and growth. Our commitment to open communication and teamwork empowers every team member to contribute ideas, learn from one another, and work together towards shared goals”.

Dragon Edge Group’s dedication to fostering a positive and innovative workplace culture, along with its commitment to social and environmental causes, has solidified its reputation as a leading employer in the FMCG industry. This recognition as one of the Philippines’ Best Places to Work for 2024 is a testament to the company’s efforts in ensuring a supportive and enriching work environment for its employees.

For more information about the certification program, please visit www.bestplacestoworkfor.org

LinkedIn : https://www.linkedin.com/company/best-places-to-work-program/

Twitter : http://www.twitter/bptw4

Facebook : https://www.facebook.com/bptw4all/
Hashtag: #BestPlacesToWork

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