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Thai Military Regrets Impact on Laos Following Chong Mek Export Restrictions

Thai Military Regrets Impact on Laos Following Chong Mek Export Restrictions
This image is used only for representational purpose (photo credit: Anchalee KB)

Thailand’s Defence Ministry has apologized to Laos following the temporary suspension of fuel and military-related exports at the Chong Mek border checkpoint, a measure linked to heightened security concerns along the Thai-Cambodian border.

First-Ever AI Audience Measurement in Asia’s Metro Advertising Industry Pioneered by JCDecaux Transport for MTR* advertising

HONG KONG, Dec. 15, 2025 /PRNewswire/ — JCDecaux Transport is proud to announce the successful completion of a pioneering pilot for audience measurement. This first-of-its-kind initiative in Asia’s metro advertising industry leverages advanced AI analytics to transform outdoor advertising, delivering precise, data-driven insights and setting a new standard for the sector.

Leading Innovation in Metro Advertising

Leveraging its extensive digital advertising inventories across the MTR network, MTR* advertising spearheaded the deployment of SmartRetail’s advanced AI analytics in the Iconic Digital Zone at Tsim Sha Tsui Station. The pilot leveraged cutting-edge computer vision technology to analyze audience behavior in real time; capturing metrics such as footfall, movement direction, demographic estimates, and screen engagement. Images were analyzed in real-time without any image retained or uploaded, and the computer vision technology can also capture the metrics without retaining any Personally Identifiable Information (PII).

Transforming Data into Strategic Value

The pilot’s success demonstrates the significant potential of AI analytics, providing advertisers with actionable insights to optimize campaign performance. By streamlining data processes, this initiative sets a new benchmark for efficiency and precision. The success of this initiative paves the way for broader adoption of AI-driven measurement, reinforcing MTR* advertising as a definitive leader in advertising innovation, enabling smarter and more effective outdoor campaigns across the network.

Validated Results and Trusted Methodology

To ensure the data accuracy and the reliability of the findings, the pilot incorporated independent auditing protocols conducted by the global market research specialist, Ipsos. The results confirmed:

  1. Effective Directional Analysis: The method for determining audience movement proved both effective and straightforward, using basic coordinate comparisons to accurately track flow.
  2. Granular Audience Insights: The model excelled in demographic classification, achieving a high true positive rate for both male and female categories, ensuring reliable insights.
  3. Accurate Age Estimation: With a Mean Absolute Error (MAE) of approximately 4.5 years, the model’s age predictions closely aligned with manual assessments, demonstrating a high degree of precision.

Driving the Future of Outdoor Advertising

Shirley Chan, Managing Director at JCDecaux Transport said “This pilot transforms the outdoor advertising business into a dynamic media platform, providing the market with trusted, data-rich insights, empowering brands to engage audiences more effectively. The achievement signals a new era for metro advertising, where data-driven precision and accountability become the foundation for strategic decisions. By embracing AI-powered audience measurement, MTR* advertising is not only enhancing transparency but also unlocking smarter ways for brands to engage commuters in high-impact environments, paving the way for advertisers to move beyond assumptions and toward measurable, meaningful connections”.

– End –

For further details regarding the information of MTR* advertising, please reach out to media inquiries:

JCDecaux Transport

Jeff Chan

Tel.: 2862 7266

Email: jeff.chan@jcdecaux.com

About JCDecaux Transport

JCDecaux Transport is the main subsidiary of the JCDecaux Group, the number one outdoor advertising company worldwide. Established since 1976, JCDecaux Transport is the No.1 outdoor advertising company in Hong Kong, the market leader and pioneer of the outdoor advertising industry. Currently managing the advertising sales concessions of MTR* advertising for up to 47 years. The company also operates the advertising concessions for Hong Kong International Airport, Macau International Airport and Pacific Place Passages.

For more information about JCDecaux Transport, visit www.jcdecaux-transport.com.hk.

LinkedIn: https://www.linkedin.com/company/jcdecaux-transport-hong-kong/ 

*MTR refers to Island Line, Tsuen Wan Line, Kwun Tong Line, South Island Line, Tung Chung Line, Tseung Kwan O Line, Disneyland Resort Line and Airport Express

About SmartRetail

SmartRetail (www.smartretail.co) is a pioneer in AI Computer Vision Audience Measurement with its proprietary edge AI solution offering advanced traffic and gaze / engagement measurement for leading outdoor OOH platforms and retailers across Asia. SmartRetail operates in Hong Kong SAR, Japan, Singapore, Malaysia, Indonesia and Taiwan.

iCHASE Introduces the World’s First AI-Powered Bird Deterrent With Full Data Tracking at IPPE 2026

ATLANTA, Dec. 15, 2025 /PRNewswire/ — iCHASE, a global leader in AI-driven agricultural biosecurity solutions, will showcase the world’s first AI-powered bird deterrent system with full data tracking capabilities at the 2026 International Production & Processing Expo (IPPE). As avian influenza continues to impact livestock production, iCHASE demonstrates how its AI Bird Repeller delivers measurable financial returns and contamination reduction across commercial operations.

AI Bird repeller can deter the birds, minimize the risk of avian influenza outbreaks.
AI Bird repeller can deter the birds, minimize the risk of avian influenza outbreaks.

Solving a Critical Biosecurity Challenge

Wild birds remain the leading transmission vector of avian influenza, contaminating feed areas and causing substantial productivity losses. During the recent H5N1 wave, dairy farms reported up to 20% milk yield reduction, while poultry operations experienced the highest mortality rates since 2022.

AI Bird Repeller: Verified ROI and Data-Driven Biosecurity

The AI Bird Repeller uses computer vision to detect wild birds and automatically deploys adaptive deterrent strategies that prevent habituation. The integrated platform provides comprehensive data logging, enabling producers to visualize activity patterns, quantify risk exposure, and track performance over time.

U.S. farms document measurable financial impact—generating $20,000–$35,000 in annual savings for typical dairy operations with payback within 7-12 months through reduced feed loss, lower contamination, and improved operational resilience.

The system supports remote configuration, allowing operators and integrators to adjust settings and optimize performance without on-site visits.

North American Market Expansion

Demand for iCHASE biosecurity technologies continues growing as producers seek reliable, measurable solutions. iCHASE has expanded its regional presence to ensure timely planning support, deployment services, and technical assistance. Organizations interested in becoming regional distributors or integrators are encouraged to contact the company.

Live Demonstrations at IPPE 2026

iCHASE will offer live demonstrations and complimentary on-site evaluation consultations to help operations assess ROI and contamination-reduction benefits.

Visit Booth B9047

About iCHASE

iCHASE develops advanced AI-powered solutions for livestock production, including the AI Bird Repeller for biosecurity management and InsightScale for precision broiler monitoring. Serving customers in 20+ countries worldwide, iCHASE delivers measurable improvements in efficiency, safety, and disease prevention.

Learn more at www.ichase.io

Fast Track Events and CloudX Entertainment Announce Strategic Partnership to Expand Celebrity and Influencer Amplification for Brands


SINGAPORE – Media OutReach Newswire – 15 December 2025 – Fast Track Events (FTE), a proud subsidiary of Fast Track Group (NASDAQ: FTRK), today announced a strategic partnership with CloudX Entertainment, a next-generation hybrid talent management and creative agency. The partnership expands the range of amplification options available to brands through both celebrity partnerships and influencer and content creator campaigns across travel, sports, and entertainment.

Harris Lim, CEO of Fast Track Events (left), and Lucas Law, Managing Director of CloudX Entertainment (right), marking the launch of their strategic partnership.
Harris Lim, CEO of Fast Track Events (left), and Lucas Law, Managing Director of CloudX Entertainment (right), marking the launch of their strategic partnership.

Founded in Singapore in 2012, Fast Track Events has evolved from an experiential events company into a full-service partner connecting brands, audiences, and celebrities across the region and beyond.

Why This Partnership Came About

The partnership was formed in response to growing client demand for solutions that deliver both scale and measurable traction in today’s competitive marketing landscape. Brands are increasingly seeking more than a celebrity-only or influencer-only approach.

Increasingly, clients are turning to hybrid strategies that combine the strengths of both celebrities and influencers. Within this model, celebrities play a key role in driving mass awareness, while influencers and content creators support education, consideration, and sustained engagement. By bringing these two levers together, Fast Track Events and CloudX Entertainment provide brands with a more complete way to achieve maximum exposure and market impact.

CloudX Entertainment specializes in creative social media campaigns and the management of influencers and content creators. Its client portfolio includes the Korean Tourism Organization, Trip.com, JisuLife and Amazfit, reflecting its strength across travel, sports, and entertainment-led influencer campaigns.

Recent FTE Celebrity Collaboration Highlights

FTE’s recent collaborations include regional brand partnerships with Dongfeng and Serba Wangi, working with global celebrity talents such as Jessica Jung, MINNIE of i-dle, and TREASURE. These collaborations reflect FTE’s ability to translate celebrity partnerships into high-impact regional brand influence at scale.

“This partnership expands the options available to our brand partners,” said Harris Lim, CEO of Fast Track Events. “Whether a campaign is driven by global celebrity appeal, trusted creator voices, or both, this collaboration allows clients to have the options to choose the most relevant amplification path for their objectives.”

Lucas Law, Managing Director of CloudX Entertainment said, “By combining our influencer and content creator ecosystem with FTE’s celebrity and live entertainment capabilities, brands now have greater flexibility to design campaigns that resonate across both physical and digital touchpoints.”

The collaboration will initially focus on Singapore, with plans to support campaigns across key regional markets in Asia Pacific.
Hashtag: #FastTrackEvents

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

About Fast Track Events (FTE)

Fast Track Events is a proud subsidiary of Fast Track Group (NASDAQ: FTRK), shaping global entertainment from Asia through celebrity partnerships and live entertainment experiences.

Founded in Singapore in 2012, FTE began as an experiential events company and has evolved into a full-service partner connecting brands, audiences, and celebrities across the region and beyond.

FTE collaborates with leading brands and global celebrities to create strategic partnerships that amplify Asia’s influence on the world stage.

Website:

About CloudX Entertainment

CloudX Entertainment is a next-generation hybrid talent management and creative agency specializing in social media campaigns and the management of influencers and content creators. The agency merges media production with influencer-powered campaigns to turn brand visions into powerful brand influence, with a strong focus on travel, sports, and entertainment.

Beyond that, CloudX develops original IPs built around each talent’s strengths, transforming creators into long-term brand assets. With end-to-end media production capabilities, they deliver cohesive, high-quality content from concept to final execution.

Website:

Ascletis Announces Positive Topline Results from U.S. Phase I Study of ASC50, a Potential Best-in-Class Oral Small Molecule IL-17 Inhibitor

–  The elimination half-life of ASC50 after a single oral dose was 43, 89, 91, 87, 104, and 85 hours for 10 mg, 30 mg, 100 mg, 200 mg, 400 mg, and 600 mg, respectively, supporting once–daily or potentially once-weekly oral dosing.

–  ASC50 had strong target engagement after a single oral dose, indicated by elevated plasma interleukin-17A (IL-17A) levels, which continued until day 7 for higher doses of ASC50.

–  ASC50 demonstrated a dose-proportional pharmacokinetic profile from 10 mg to 600 mg in single ascending dose study in healthy participants.

–  ASC50 was safe and well tolerated at all dose levels.

–  The Company will host a conference call in Mandarin at 8:00 p.m. China Standard Time on December 15, 2025.

HONG KONG, Dec. 15, 2025 /PRNewswire/ — Ascletis Pharma Inc. (HKEX:1672, “Ascletis”) announces positive topline results from a randomized, double-blind, placebo-controlled Phase I clinical trial in the U.S., evaluating the safety, tolerability, pharmacokinetics and peripherally circulating interleukin-17A (IL-17A) target engagement profile of ASC50 (NCT07024602) in a single ascending dose (SAD) study in healthy participants. Forty-six healthy participants received 10 mg, 30 mg, 100 mg, 200 mg, 400 mg, or 600 mg of ASC50 or matching placebo. The objectives of the study included safety, tolerability, pharmacokinetics and target engagement.

Key Findings

  • The elimination half-life of ASC50 after a single oral dose was 43, 89, 91, 87, 104, and 85 hours for 10 mg, 30 mg, 100 mg, 200 mg, 400 mg, and 600 mg, respectively, supporting once-daily or potentially once-weekly oral dosing.
  • ASC50 had strong target engagement after a single oral dose, indicated by elevated plasma IL-17A levels, which continued until day 7 for higher doses of ASC50.
  • ASC50 demonstrated a dose-proportional pharmacokinetic profile from 10 mg to 600 mg.
  • Following oral dosing in non-human primates (NHPs) in head-to-head studies, ASC50 demonstrated higher absolute oral bioavailability, higher drug exposure, longer half-life and lower clearance than LY4100511 (DC-853), an oral small molecule interleukin-17 (IL-17) inhibitor currently in clinical development.
  • ASC50 was safe and well tolerated in the SAD study. All adverse events (AEs) were mild (Grade 1) and transient. No serious adverse events (SAEs) were reported. There was no discontinuation in the study. No hepatic safety signal was detected.

Based on the favorable safety, tolerability, pharmacokinetics and strong target engagement, ASC50 has progressed into the next phase clinical development (multiple ascending dose study) in participants with mild to moderate plaque psoriasis.

ASC50 is an in-house discovered and developed oral small molecule inhibitor targeting IL-17, an important biologically and commercially validated target for multiple autoimmune and inflammatory diseases, including psoriasis. ASC50 is a new chemical entity (NCE), with U.S. and global patent protection through 2043 (excluding potential patent extensions).

“These data demonstrate a favorable safety profile as well as a dose-dependent and differentiated pharmacokinetic profile of ASC50,” said Jinzi Jason Wu, Ph.D., Founder, Chairman and CEO of Ascletis. “We are encouraged by these data as ASC50 is the first oral small molecule drug candidate in immunology developed from our Artificial Intelligence-assisted Structure-Based Drug Discovery (AISBDD) technology. These findings underscore ASC50’s potential as a best-in-class oral small molecule IL-17 inhibitor.”

Conference Call

Ascletis will host a conference call in Mandarin at 8:00 p.m. China Standard Time on December 15, 2025. A live webcast of the call will be available via Tencent Meeting/ VooV Meeting, with the Meeting ID: 889-752-167, or access links of:

Chinese Mainland: https://meeting.tencent.com/dm/eb7KovQX2hYD; or

International: https://voovmeeting.com/dm/eb7KovQX2hYD.

About Ascletis Pharma Inc.

Ascletis Pharma Inc. is a fully integrated biotechnology company focused on the development and commercialization of potential best-in-class and first-in-class therapeutics to treat metabolic diseases. Utilizing its proprietary Artificial Intelligence-assisted Structure-Based Drug Discovery (AISBDD) and Ultra-Long-Acting Platform (ULAP) technologies as well as Peptide Oral Transport ENhancement Technology (POTENT), Ascletis has developed multiple drug candidates in-house, including both small molecules and peptides, such as its lead program, ASC30, a small molecule GLP-1R agonist designed to be administered once daily orally and once monthly to once quarterly subcutaneously as a treatment therapy and a maintenance therapy for chronic weight management; ASC36, a once-monthly subcutaneously administered amylin receptor peptide agonist, ASC35, a once-monthly subcutaneously administered GLP-1R/GIPR dual peptide agonist and ASC37, an oral GLP-1R/GIPR/GCGR triple peptide agonist for chronic weight management. Ascletis is listed on the Hong Kong Stock Exchange (1672.HK).

For more information, please visit www.ascletis.com.

Contact:
Peter Vozzo
ICR Healthcare
443-231-0505 (U.S.)
Peter.vozzo@icrhealthcare.com

Ascletis Pharma Inc. PR and IR teams
+86-181-0650-9129 (China)
pr@ascletis.com
ir@ascletis.com

MEDEZE Receives Frost & Sullivan’s 2025 Southeast Asia Company of the Year Recognition for Leadership in Stem Cell Banking and Regenerative Medicine

The company is revolutionizing regenerative healthcare through innovation, clinical alignment, and GMP-grade excellence across Southeast Asia

SAN ANTONIO, Dec. 15, 2025 /PRNewswire/ — Frost & Sullivan is pleased to announce that MEDEZE Group Public Company Limited (MEDEZE) has been honored with the 2025 Southeast Asia Company of the Year Recognition in the stem cell banking and regenerative medicine industry for its outstanding achievements in innovation, regulatory leadership, and clinical alignment. This recognition highlights MEDEZE’s leadership in advancing the next generation of personalized healthcare solutions while maintaining the highest global standards in safety, technology, and compliance.

This recognition highlights MEDEZE’s leadership in advancing the next generation of personalized healthcare solutions while maintaining the highest global standards in safety, technology, and compliance.
This recognition highlights MEDEZE’s leadership in advancing the next generation of personalized healthcare solutions while maintaining the highest global standards in safety, technology, and compliance.

Frost & Sullivan evaluates companies through a rigorous benchmarking process across two core dimensions: strategy effectiveness and strategy execution. MEDEZE excelled in both, demonstrating its ability to align strategic initiatives with market demand while executing them with precision and scale. “MEDEZE is redefining stem cell banking in Southeast Asia through full-spectrum, clinically aligned solutions, leveraging innovation, regulatory leadership, and GMP-grade infrastructure to lead the transition from cell preservation to personalized medical application,” said Unmesh Lal, Vice President, Healthcare & Life Sciences at Frost & Sullivan.

Driven by a long-term strategy focused on innovation, clinical readiness, and international expansion, MEDEZE has built one of the region’s most comprehensive and technologically advanced cell banking ecosystems. Its vertically integrated model—spanning biological material collection, diagnostics, cell processing, storage, expansion, and clinical application—ensures consistent quality, regulatory compliance, and scalability across Southeast Asia.

Innovation is central to MEDEZE’s success. Proprietary technologies, such as the AutoXpress System for fully automated cord blood processing and the Chibuya Robotic Stem Cell Culture System (the world’s first full-room cleanroom automation), enable therapeutic-grade manufacturing at scale. The company’s AI-powered Hair Follicle Restoration platform and exclusive NK cell diagnostic technologies from Japan demonstrate its ability to extend cell applications into clinical and aesthetic care.

MEDEZE’s commitment to international accreditation and operational excellence strengthens its leadership in regenerative medicine. It is the only Thai stem cell bank accredited by the US-based Association for the Advancement of Blood & Biotherapies (AABB) and holds ISO 9001 and ISO 22716 certifications. These accreditations reinforce the company’s compliance with the highest safety and quality standards across both therapeutic and wellness applications.

Supported by a network of over 260 hospital partners, including leading institutions such as Samitivej Hospital Group and Bangkok Hospital, MEDEZE plays a central role in Thailand’s ADMP Sandbox clinical program. Through ongoing trials in osteoarthritis, degenerative disc disease, skin rejuvenation, colorectal cancer, and immune enhancement, MEDEZE is positioned to become one of the first private companies in Southeast Asia to commercialize licensed cell therapies by 2026.

Frost & Sullivan commends MEDEZE for setting a new benchmark in competitive strategy, innovation, and market responsiveness. Its integrated operational model, financial strength, and commitment to sustainable growth exemplify leadership in biotechnology and position it at the forefront of Southeast Asia’s transition toward licensed regenerative therapies.

Each year, Frost & Sullivan presents the Company of the Year Recognition to an organization that demonstrates outstanding strategy development and execution, resulting in measurable improvements in market share, customer satisfaction, and competitive positioning. The recognition celebrates forward-thinking companies that are redefining their industries through innovation and growth excellence.

Frost & Sullivan Best Practices Recognition
Frost & Sullivan’s Best Practices Recognitions honor companies across regional and global markets that exhibit exceptional achievement and consistent excellence in areas such as leadership, technological innovation, customer experience, and strategic product development. Each recognition is the result of a rigorous analytical process in which Frost & Sullivan industry experts benchmark performance through comprehensive interviews, deep-dive analysis, and extensive secondary research. The goal is to identify true best-in-class organizations that are driving transformative growth and setting new industry standards.
Contact us: Start the discussion.

Contact:
Tarini Singh
E: Tarini.Singh@frost.com 

Who Are China’s Top 100 Most International Privately-Owned Enterprises?

HANGZHOU, China, Dec. 15, 2025 /PRNewswire/ — China’s top international privately-owned enterprises represent a distinct and increasingly influential group within the global economy – companies whose international presence is defined less by export volume and more by embedded global operations, innovation capability and long-term responsibility.

Who, then, are these firms? The answer emerges from the newly released 2025 China’s Top 100 Most International Privately-Owned Enterprises, published by the Center for Chinese Multinationals (CCM) at Zhejiang University International Business School (ZIBS), in collaboration with the Cambridge Centre for Chinese Management and the Zheshang Institute.


Now in its fifth consecutive year, the ranking has evolved from a measurement exercise into a structured portrait of a new generation of globally active private enterprises. It assesses companies across four core dimensions – scale of internationalization, international organizational structure, international innovation, and international influence. Rather than asking how much these firms export, the 2025 edition asks how they operate globally – and what distinguishes them as global business actors.

A Structural Shift: Globalization Beyond Exports

The Top 100 companies generated a combined RMB 3.98 trillion (USD ~560 billion) in overseas revenue, accounting for 33.3% of their total revenue, with average overseas revenue reaching RMB 39.78 billion per company. Collectively, they form a group for which international markets are no longer peripheral, but structurally embedded in core business operations. All ranked firms have established overseas subsidiaries, operating across an average of 18 countries and regions.

Overseas footprints are most concentrated in East Asia (79 companies), North America (64), Southeast Asia (63) and Europe (58) – a pattern that reflects not opportunistic expansion, but deliberate global positioning.

Together, these figures suggest that Chinese private enterprises are moving decisively beyond cross-border trade. Increasingly, they are embedding themselves in local markets – through regional headquarters, localized manufacturing, service networks and, in some cases, overseas R&D – signaling a shift from transactional globalization to long-term market integration.

Manufacturing as the Backbone of Global Reach

Manufacturing remains the anchor of this global expansion. Eighty-four of the Top 100 companies come from manufacturing industries, underscoring China’s enduring strengths as a global manufacturing powerhouse.

At a more granular level, three sectors stand out: computer, communications and electronic equipment manufacturing (25 companies); electrical machinery and equipment (20); and non-ferrous metal smelting and rolling (8). Their prominence highlights the growing international competitiveness of China’s private manufacturers in advanced equipment, electronics and high-value industrial systems – areas where success depends on engineering depth, supply-chain coordination and sustained innovation, rather than scale alone.

Regional Clusters Highlight the Yangtze River Delta’s Leadership

The Top 100 enterprises span 21 provinces, autonomous regions and municipalities across China. Zhejiang and Guangdong lead with 22 companies each, followed by Jiangsu and Shandong (8 each), and Beijing and Shanghai (6 each).

This clustering effect is particularly pronounced in the Yangtze River Delta, which has emerged as the most important domestic hub supporting the internationalization of private enterprises – demonstrating how dense industrial ecosystems, innovation infrastructure and global connectivity at home continue to shape firms’ ability to compete abroad.

Innovation as a Prerequisite, Not an Option

Behind global expansion lies sustained investment in innovation. In 2024, the Top 100 companies recorded total R&D investment of RMB 456 billion, averaging RMB 4.6 billion per firm, while collectively holding 60,935 patents.

These figures align with broader national trends: private enterprises now account for more than 50% of China’s total R&D expenditure and over 70% of technological innovation outcomes. Among the most internationalized firms, innovation is no longer a supporting function – it is a foundational condition for sustaining global competitiveness, particularly in technology- and capital-intensive industries.

From Market Presence to Global Influence

The most subtle, yet consequential, transformation captured by the ranking lies in influence. Internationalization is no longer measured solely by market access, but increasingly by visibility, credibility and responsibility.

The Top 100 companies recorded more than 816 million global online searches over the past year, reflecting the rising visibility of Chinese brands among global consumers. At the same time, their average ESG score of 80.65 points to a deeper integration of environmental, social and governance considerations into global operations.

Leading firms are treating ESG not as a reporting obligation, but as a source of competitive advantage – investing in green manufacturing overseas, advancing supply-chain decarbonization and building long-term partnerships with local communities. In this sense, the most internationalized private enterprises are distinguished not only by where they operate, but by how they are perceived and accepted in global markets.

Defining a New Profile of Global Enterprise

Taken together, the 2025 China’s Top 100 Most International Privately-Owned Enterprises answers a central question: who are China’s most international private companies today? They are no longer defined primarily as exporters or cost-driven manufacturers. They are becoming system builders, innovators and responsible global participants.

This evolving profile reflects a broader transformation in global business itself, offering valuable insights into how emerging-market enterprises can build sustainable global presence – not merely through scale, but through structure, innovation and legitimacy – in an increasingly complex international environment.

About the Center for Chinese Multinationals (CCM):

Established in Nov. 2022, the Center for Chinese Multinationals (CCM) at Zhejiang University International Business School (ZIBS) aims at becoming a leading research center on the internationalization of Chinese private enterprises and works to strengthen the bridge between government, academia and industry through innovative academic initiatives and through continuous contact with business leaders, regulators and entrepreneurs. Learn more about the center: Sally Shen, sallyshen@zju.edu.cn; Hengyu Lu, hengyulu@intl.zju.edu.cn.

Green GSM officially launches all-electric taxi service in Davao


DAVAO, PHILIPPINES – Media OutReach Newswire – 15 December 2025 – Green GSM has launched its all-electric taxi service in Davao, marking the company’s first expansion outside Metro Manila and part of its long-term plan to support a clean, modern, and well-managed transportation system across key Philippine cities.

Representatives of local government, Green GSM Philippines leaders, and invited guests at the launch ceremony of Green GSM’s electric taxi service in Davao.
Representatives of local government, Green GSM Philippines leaders, and invited guests at the launch ceremony of Green GSM’s electric taxi service in Davao.

The launch ceremony was attended by Sir Nonito Llanos, Regional Director of the Land Transportation Franchising and Regulatory Board (LTFRB) for the Davao Region, representatives from various local government departments and agencies, along with members of the local business community.

As one of Mindanao’s major urban centers, Davao plays an important role in the country’s economic and social landscape. The city is often noted for its focus on public safety, environmental conservation, and strong community values, which have helped create a transportation system centered on safety, reliability, and public confidence.

In recent years, Davao has experienced steady growth in population, commercial activity, and daily travel needs, along with ongoing efforts by local authorities to promote cleaner air, responsible urban development, and long-term livability. These conditions make Davao a suitable environment for modern and efficient mobility solutions that also align with the city’s people-centered approach to development.

Green GSM’s operating model in Davao is built around its 5 Green Promises: Good Experience, Good Drivers, Good Cars, Good Pricing, and Good for the Environment. These include exclusively using all-electric VinFast vehicles that produce zero tailpipe emissions, deploying full-time professional drivers trained to deliver predictable and courteous service, displaying transparent pricing in the app, and adopting an operating philosophy centered on cleaner air, quieter streets, and a better quality of life. By applying these standards in Davao, Green GSM aims to support the city’s broader commitments to sustainable mobility and offer residents a dependable daily transportation choice.

Mr. Dao Quy Phi, Managing Director of Green GSM Southeast Asia, said: “Davao is a city that places strong emphasis on order, safety, and environmental responsibility. Our objective is to provide a reliable, zero-emission mobility option that aligns with these priorities while meeting the everyday transportation needs of local residents. This expansion is a strategic step in our national roadmap for electric mobility, and we look forward to working closely with Davao’s institutions and communities to ensure that the service contributes meaningfully to the city’s long-term goals for well-managed and sustainable urban development.”

Davao commuters can now book Green GSM taxis through the Green GSM app, the hotline, designated pick-up points, or by street hailing in key commercial districts. As a special introductory offer, residents who download and register on the Green GSM app will automatically receive 25 Green Points, each worth one Philippine peso. These points can be used immediately for the first trip or flexibly applied toward future rides.

Since launching in the Philippines in June 2025, Green GSM has focused on providing mobility solutions that prioritize reliability, transparency, and environmental responsibility. The expansion into Davao highlights the company’s ongoing commitment to supporting cities that emphasize safe governance, community well-being, and sustainable growth, while promoting the broader shift toward cleaner, more efficient urban transportation nationwide.

Hashtag: #GSM

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