A motorcyclist sustained serious injuries last week, after being hit by a rock while traveling along a stretch of mountain road in Luang Prabang.
Motorcyclist Struck by Rock, Sustains Serious Injuries in Luang Prabang

Media OutReach Newswire guarantees news posting on 300 news sites for press release distribution to China
A new milestone for the newswire industry
HONG KONG SAR – Media OutReach – 27 June 2023 – Media OutReach Newswire, Asia’s first global newswire, has strengthened its China distribution network, expanding the number of media partners to guarantee online news posting for its press release distribution service to 300 leading English and Simplified Chinese media partners.

As companies in China look to global markets for new growth opportunities, Media OutReach Newswire offers comprehensive local and global press release distribution across 26 Asia Pacific markets, Africa, the Middle East, Latin America, Europe, UK, Canada and USA to support Chinese companies in building their brand internationally.
Media OutReach Newswire has been supporting Chinese corporations from OPPO to Fosun, Alibaba Cloud, IMAX China and ECOVACS Robotics to build their global brand reputation in markets including the USA, UK, Germany, Canada and Dubai and key Southeast Asia regions Thailand, Vietnam, Singapore and Malaysia as well as Mainland China.
Media OutReach Newswire’s global press release distribution network offers an authentic service that connects clients in China with journalists to build media relations, post their news on real media sites and reach investors through the companies news posting into all of the world’s leading financial services in English and Simplified Chinese such as Bloomberg, Refinitiv Eikon, Dow Jones Newswire, Factset, Infront, Morningstar and international news services Reuters News Agency, Associated Press (AP) and Agence France Presse (AFP).
As the first global newswire in Asia to build a dedicated distribution network for China brands to expand globally, clients will have unlimited access to multiple industry media from business, finance, automotive, cryptocurrency, education, fashion, mobile, eSports, gaming, healthcare, consumer technology, travel, women, the arts and other news categories.
Media OutReach Newswire is the only global newswire that specialises in Asia Pacific with its own distribution network spanning 26 countries in the region. It has a database of 140,000 journalists and editors, covering 400 news trade categories and partnership with more than 600 online media to provide guaranteed online news posting.
Across the China market, Media OutReach Newswire’s partners include leading national news sites Netease, Sohu, Sina, Tencent, TouTiao, iFeng, Zhong Guo Wang, in addition to top finance platforms Futu Niu Niu Juan, EastMoney and Xueqiu.
The expansion further cements Media OutReach Newswire as the most comprehensive press release distribution partner in China and across the Asia Pacific region that connects Chinese clients with real journalists to generate coverage and build media relations. Post-release reports, available in English and Simplified Chinese, show how many journalists engaged with their press release by publication and country through the Media and Journalist Insights Report, the only newswire to offer this service.
To help PR professionals communicate their news effectively, Jennifer Kok, Founder and CEO of Media OutReach Newswire, says Media OutReach Newswire’s pricing structure in China will remain unchanged, with a single fee applied for unlimited trade categories.
“Our commitment lies in providing a robust platform that empowers companies in China to establish and strengthen their brand using our authentic newswire service, without incurring any additional costs,” Kok says.
“With this expansion, Media OutReach Newswire solidifies its position as the most comprehensive press release distribution partner, dedicated to empowering Chinese companies to build their brand through an authentic and specialised press release distribution service across the Asia Pacific, including key Southeast Asia markets, as well as the USA, UK, Germany, France the Middle East and Africa.”
Media OutReach Newswire has established a strong footprint in China, launching the industry’s first dedicated press release distribution network for the Greater Bay Area.
The Greater Bay Area, encompassing major cities Guangzhou, Shenzhen, Zhuhai, Foshan, Huizhou, Dongguan, Zhongshan, Jiangmen and Zhaoqing, plus Special Administrative Regions of Hong Kong and Macao, has emerged as a crucial economic powerhouse and innovation hub strategically positioned as a gateway to connect Southern China to global markets, while empowering global business to secure a footprint in one of the fastest-growing economic regions in Asia.
Hashtag: #MediaOutReachNewswire #pressrelease
The issuer is solely responsible for the content of this announcement.
About Media OutReach Newswire
Launched in 2009, Hong Kong-based Media OutReach is the first global newswire founded in the Asia-Pacific region with offices in Singapore, Malaysia, Vietnam, Japan, China, Thailand and Taiwan.
As a pioneering global newswire agency and the voice of Asian companies, Media OutReach is the only press release newswire that owns its distribution network in 26 countries across Asia Pacific region. Our network of media assets includes more than 140,000 journalists, 400 trade categories, 65,000 media titles and partnerships with more than 600 authentic media to guarantee online news postings.
With proprietary SAAS technology at our core, we distribute multi-language and multimedia press release content directly to the inbox of editors and journalists to optimise coverage, build media relations and provide pioneering insights on PR campaign performance. Our guaranteed online news posting turns our clients’ releases into organic stories on our media partner news sites.
For more information about Media OutReach Newswire’s services and distribution network, please visit www.media-outreach.com.
Oasys Explores Potential Partnership with MIXI Corporation to Accelerate Growth of Blockchain Gaming

MIXI, renowned for its blockbuster mobile game “Monster Strike,” has been at the forefront of Web3 innovation with its sports-focused NFT marketplace, “DAZN MOMENTS.”
The partnership between Oasys and MIXI would bring together the expertise of two leading companies in the blockchain gaming space. The two companies believe that they can work together to create innovative and engaging blockchain games that will appeal to a wide audience.
The two companies are still in the early stages of discussions, but they are both optimistic about the potential of the partnership. They believe that the partnership could help to accelerate the growth of blockchain gaming and make it more accessible to a wider audience.
Hashtag: #Oasys #blockchain #gaming #japan
The issuer is solely responsible for the content of this announcement.
About Oasys
Oasys is a blockchain-based game development platform that offers a highly scalable Layer 1 hub and specialised Layer 2 using Ethereum’s Layer 2 scaling solution. The ecosystem provides game developers with a secure and scalable blockchain infrastructure for creating more efficient, secure, and interoperable games. Among Oasys’ validators are leaders in gaming and Web3, such as SEGA, Ubisoft, and Yield Guild Games, in our Proof-of-Stake (PoS) based blockchain. Oasys’ expert blockchain team, combined with the biggest names in gaming, is revolutionising the gaming industry.
Oasys solves the challenges that game developers face when building blockchain-based games by focusing on creating an ecosystem for gamers and developers to distribute and develop games. The company’s trifecta approach includes a fast network powered by the gaming community, a scalable network powered by AAA game developers, and a blockchain that provides the best user experience with fast transactions and zero gas fees. This approach prepares participants to enter the Oasys and play.
More information on Oasys is available at:
Website: https://www.oasys.games
Twitter: https://twitter.com/oasys_games
Discord: http://discord.gg/oasysgames
Bybit Secures License to Operate Cryptocurrency Exchange and Custody Services in Cyprus
Bybit’s newly acquired license from the regulatory authorities in Cyprus allows the company to offer a full suite of services, including trading between crypto pairs and fiat currency pairs, financial services related to crypto assets, and custody solutions tailored to clients in Cyprus and E.U. member states. With this license, Bybit establishes itself as a trusted and regulated platform within the Cyprus cryptocurrency market.
Cyprus is recognized as a burgeoning hub for cryptocurrency activities, with a growing community of crypto enthusiasts and a favorable regulatory environment. Bybit recognizes the immense potential of the Cyprus market and is excited to bring its next-level reliability and opportunities to the local digital asset community.
“At Bybit, we wholeheartedly support the regulatory objective of building a cryptocurrency industry that is both compliant, secure, and transparent, ultimately benefiting all those seeking financial freedom,” said Ben Zhou, co-founder and CEO of Bybit. “This landmark is a testament to Bybit’s commitment to adhering to robust regulatory frameworks while expanding our global presence. We look forward to bringing the Crypto Ark to Cyprus.”
Bybit has a sterling reputation for digital asset security, compliance, and protection. Due in no small part to its enhanced KYC and AML procedures, successfully obtaining the ISO 27001:2013 certification for its robust security management system, and running real-time, on-chain, proof-of-reserves data with a purpose-built Merkle tree.
More From Bybit
- Bybit Receives Official Approval to Operate in Kazakhstan
- Bybit Obtains ISO 27001 Certification – Compliance, Risk Management, and Efficiency Enhanced
- Bybit’s User Base Booms, Exceeds 15 Million
Hashtag: #Bybit #TheCryptoArk
The issuer is solely responsible for the content of this announcement.
About Bybit
Bybit is a cryptocurrency exchange established in 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions, the Oracle Red Bull Racing team, esports teams NAVI, Astralis, Alliance, Made in Brazil (MIBR), and Oracle Red Bull Racing Esports.

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June Inflation Rate in Laos Sees Significant Dip From Last Month
The recent inflation rate published by the Bank of Lao PDR (BOL), shows signs of a weakening economy as year-on-year inflation rises.
Strategic Investment in BioMed by Human Health for Propelling Advancements in Gut Microbiome Based Health Management and Its Medical Application

Mr. Chan Kin Ping, BBS, JP, Chairman and Chief Executive Officer of Human Health said “Upholding a people-centered spirit, Human Health is dedicated to take care of the needs of people at different stages of life. Health cannot be obtained merely by using certain products or services. The shared mission of Human Health and BioMed is to promote scientific measurement and precise treatment, thereby effectively managing health. The concept of microbiome health management based on the brain-gut axis theory is well in line with our holistic, forward-looking approach to physical and mental health. We believe that such collaboration will complement and benefit both parties and will also contribute to the society.”
Mr. Vincent Tsang, Chief Executive Officer of BioMed remarked “Microbiome technology is the key to health which is our core belief. We envisage deeper and wider application of gut microbiome interventions in the medical realm, backed up by more clinical trials. BioMed has been researching gut microbiome, using local data to develop solutions that best fit the need of Hong Kong people. We expect the collaboration between BioMed and Human Health will further promote the popularity of gut microbiome testing. Testing results allow people to gauge their personal needs and thus take precision probiotic supplement when supporting the development of the local microbiome database. It’s conducive to the research and development of products and services with more accurate and effective outcome.”
Multifaceted Collaboration Helping People to Restore Beneficial Bacteria after Taking Antibiotics
Human Health, after the strategic investment in BioMed, immediately launched collaborations on various fronts including co-brand marketing and promotion of gut microbiome products. Going forward, the collaboration between two parties is expected to extend to the Greater Bay Area. In response to the current market demands in Hong Kong, BioMed and Human Health plan to roll out more microbiome-based products that help people to restore the balance of gut flora and alleviate discomfort after taking antibiotics.
BioMed’s first-of-its-kind gut microbiome healthcare centre has already commenced its service at Healthy Square, Human Health’s mega health hub located at Star House in Tsim Sha Tsui, providing one-stop personalised gut health management solutions. The healthcare centre offers on site nutritionist services, including professional health assessment, body mass measurement and health consultation services. PGut probiotic supplements and personalized testing kits and services under the brand of BioMed are also available at the healthcare centre.
Hashtag: #BioMed #盈健醫療集團 #盈健 #生物醫學科技控股
https://www.facebook.com/PGUT.HK
https://www.instagram.com/pgut_hk/
The issuer is solely responsible for the content of this announcement.
Human Health Holdings Limited
Human Health, listed on the Main Board of the Hong Kong Stock Exchange (Stock Code: 1419), is one of the largest medical groups in Hong Kong. Having been serving the community since 1997, the Group operates almost 60 medical centres, with more than 1000 professional team and staff. With an aim to “Elevate Your Health Value, Elevate Your Life”, Human Health provides comprehensive medical services network including general practice, specialties, dental, physiotherapy, diagnostics & imaging, day procedure and endoscopy, medical aesthetics, Chinese medicine and wellness services to provide professional and person-centric care medical and wellness services in Hong Kong.
BioMed Technology Holdings Limited
BioMed, a startup nurtured by Hong Kong Science Park, was founded by Mr. Vincent Tsang, Prof Stephen Tsui, Professor and Associate Director (Research), School of Biomedical Sciences, CUHK and Dr Steven Loo, a dermatologist and Clinical Assistant Professor (Honorary) at CUHK’s School of Medicine in 2018. They work on a mission to apply the results of microbiome R&D and technology to addressing health issues induced by dysbiosis.
BioMed has a world-class research team and laboratory. It is dedicated to delivering a three-prone microbiome-based solution, namely knowledge, probiotics supplement with prebiotics and postbiotics and easy-to-use microbiome DNA testing. BioMed advocates precise, personalised and scientifically proven intervention based on testing results, coupled with lifestyle modification to restore and maintain gut microbiome balance for physical and mental health.
BioMed has strong financial backings. It raised funds in its oversubscribed seed round from Alibaba Hong Kong Entrepreneurs Fund (AEF), Gobi Partners GBA and The International Medical Co. Ltd. (TIMC). DSS (NYEX: DSS), a US listed company is also a shareholder of BioMed.
CBK White Paper Series: Managing Supply Chains in the Post-pandemic New Normal
Professor Jing Wu, Department of Decision Sciences and Managerial Economics, CUHK Business School
HONG KONG SAR – Media OutReach – 26 June 2023 – The global economy has faced a series of extreme shocks over recent years, ranging from the COVID-19 pandemic to the U.S.-China trade war and Russia’s invasion of Ukraine. These dramatic changes have had far-reaching effects on globalisation, leading to a fundamental reversal of multilateral trade openness and the disruption of the status quo in global supply chains.

Traditionally, the tradeoff in global supply chains is cost efficiency (such as in China) and risk concentration. Increasingly, companies and governments are calling into question the sourcing strategies that have dominated supply-chain management for decades. After the trade war and COVID, global supply chain risk, especially geopolitical risk, has become a recognized issue.
New trends such as geo-economic regionalisation of supply chains, sourcing consolidation back home or among close trading partners, and facility establishments clustered around the final end-user market, have begun to emerge, as globalised manufacturing comes under intense pressure and supply chain risk – especially tail risk from unforeseen events – becomes increasingly recognised as an issue.
The Restructuring of Global Supply Chains
Traditionally, supply chain globalisation has offered firms the advantage of cost savings, and access to materials or production capabilities that may not be available domestically. However, the COVID-19 pandemic and U.S.-China Trade War have highlighted the vulnerability of global supply chains and how they expose firms to operational risk and potentially unfavourable economic or political developments in countries where their partner firms are located. As a result, the restructuring of global supply chains has been taking place across industries and geographies, with firms considering multiple trade-offs, incentives, and constraints.
So how should firms adapt their supply chains to maximise returns, minimise risk and improve resilience in the face of sudden or long-term interruptions? What trends do they need to be aware of as they build their networks in the new global economic order that is emerging? Moreover, what will the supply chains of the future look like? In this CUHK Business School Research White Paper, we review a raft of studies that provide some early answers to these questions and may help to guide businesses through the turmoil and unpredictability that have characterised global markets following the pandemic.
An initial hint is provided by our recent study, which challenges the traditional wisdom that supply chains are linear in nature and demand shocks are amplified upstream along the chain. Our study demonstrated that today’s companies operate as part of a complex supply network, with each player having multiple customers and suppliers.
The network perspective brings brand new insights on analysing the supply chain opportunities and risks, compared to the traditional perspective of a linear supply chain.
The Onset of Friend-shoring and Keeping Your Friends Close

Another critical topic we looked at is whether supply chain links to other regions in the world expose companies to increased risk during the pandemic, or provided a valuable buffer against local disruption. To that question, we found consistent evidence that when global supply chains were disrupted during COVID-19, it significantly affected the credit risk of companies that rely on those supply chains. For example, when China was hit in the early 2020, supply chain risk increased for U.S. companies connecting with China. However, when later China resumes production and other countries around the worlds were hit by COVID-19, having China supply chains proves valuable and mitigate the risk.
Our studies also lead us to expect that, as a result of the pandemic, people and governments around the world realise the importance of local manufacturing capacity, and they will continue to support such capacity expansion through policies such as subsidies and regional trade agreements.
“Friend-shoring”, which refers to the forging of economic ties with countries that share political trust and common economic systems and values, is also another new trend that is growing and it is likely to stay.
Given the rising geopolitical tensions of recent years, in another study, we looked at how American companies restructure their global supply chains in response to the trade and economic policy uncertainty. Our results suggest that supply chains can change as a result of trade policies enacted by governments and that supply chain risk can depend on whether a company generates its revenues abroad or at home. For US multinationals which generate most revenues abroad, U.S. policy uncertainty will push them to do more sourcing instead of bring manufacturing home. Of course, they will look for sourcing destinations with low policy uncertainty as well, at the same time explore new sourcing locations beyond China to diversify the concentration risk.
The reconstruction of global supply chains has become increasingly intertwined with the policies of individual states. Given this, do U.S. government suppliers adjust imports from countries that are affected by trade tensions, such as China and Russia?
Our research finds that recently, companies in the U.S. are increasingly hiring former U.S. government employees. Effectively such government connections can help companies to navigate the increasing murkiness that of the global market landscape due to rising geopolitical tensions, as well as help supply chains by offering flexibility.
The Future of Supply Chains
Drawing on these findings, we offer four key predictions about how the reconstruction of the global supply chain will evolve over coming decades:
- Supply chain disruption will stay, especially disruption that is geopolitical in origin. Political disruption to global supply chains will increase due to intensified competition and tension in international relations.
- Western multinational companies relying on assembly manufacturing in China will pull production out of China partially. However, China will remain the world’s factory for a decade or so, due to the lack of a competitive substitute, leading to the manufacturing structure of “China + N”. It is worth noting the rapid rise of India as a new manufacturing hub, with the potential to challenge China.
- Regional value will weigh more in globalisation. To counter supply chain disruption, firms will take on more sourcing suppliers and supplier countries. In the long term, re-shoring, near-shoring, or even “friend-shoring” will be adopted to cut lead times and uncertainty, forming a new era of “geoeconomics fragmentation”.
- We predict that while the cost efficiency can be hurt during the future supply chain restructuring, this more fragmented form of supply chain globalisation will benefit innovation such as manufacturing modularisation and servitisation, as innovation usually comes from small, creative groups that function as part of a diverse network.
Hashtag: #CUHKBusinessSchool
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Laos’ Deputy Minister of Health Calls for Improved Healthcare Services

The Lao Deputy Minister of Health, Dr. Phayvanh Keopaseuth, called on healthcare professionals and administrators in the country earlier this month, to improve the quality and access to their services.