JAKARTA, Indonesia, Nov. 14, 2025 /PRNewswire/ — YOFC Indonesia marks its 10th anniversary on November 13, highlighting a decade of partnership in Indonesia’s digital transformation. As the first optical fibre manufacturing facility in Southeast Asia and a cornerstone of YOFC’s international expansion, the Indonesian operations have evolved from a pioneering project into a key enabler of digital infrastructure, economic growth, and community development over the past decade.

Since its establishment in 2015, YOFC Indonesia has grown from an undeveloped site into a modern, world-class optical fibre and cable manufacturing hub. The journey began with the launch of YOFI in Jakarta, followed by the establishment of PT Yangtze Optics Indonesia in Karawang in 2017 – a milestone that completed a full-value-chain optical fibre and cable production system for YOFC in Indonesia. After commencing cable manufacturing in 2018 and completing its second-phase capacity expansion in 2022, the facility now features fully automated production lines and a team of over 500 highly skilled local professionals, reinforcing its position as a regional center of excellence in optical communications manufacturing.

As a key contributor to narrowing Indonesia’s digital divide, YOFC Indonesia has played an essential role in the country’s information and communications infrastructure buildout. To date, the company has deployed over 28,000 kilometers of optical cable across more than 80 cities, covering Indonesia’s principal islands and delivering high-speed fibre broadband access to nearly two million households. By localizing production and transferring technology, YOFC has not only enhanced regional supply chain resilience but also supported the advancement of Indonesia’s communications manufacturing and R&D capabilities.

The 10-year journey has also been defined by significant economic and social contributions. YOFC Indonesia has created over 1,000 direct jobs and, through partnerships with more than 400 local suppliers, generated an additional 4,000 indirect employment opportunities. Beyond job creation, the company has implemented a structured vocational training and talent development program, equipping employees with specialized expertise in optical communications. This focus on talent localization aligns with YOFC’s global commitment to integrating with local cultures and building sustainable operations.

YOFC’s Executive Director and President Zhuang Dan said, “The 10th anniversary of YOFC Indonesia represents not only a corporate milestone but also our long-term commitment to Indonesia’s progress. Guided by our global perspective and deep local engagement, we have grown together with the community, expanding digital access, driving technological innovation, and building shared prosperity. This journey reflects YOFC’s core values of customer focus, innovation, and corporate responsibility.”

Aligned with its ESG commitments and membership in the United Nations Global Compact, YOFC Indonesia has integrated sustainability principles throughout its operations. From supporting national broadband initiatives to expanding skills training and inclusive employment, the company’s actions align with Indonesia’s digital transformation agenda. Looking ahead, YOFC will continue building on its localized production capabilities and technological leadership, deepening its regional footprint across Southeast Asia and collaborating with partners worldwide to deliver reliable, nextgeneration fibre connectivity.

As YOFC Indonesia enters its second decade, it remains dedicated to empowering Indonesia’s digital economy, bridging regional development gaps, and creating enduring value for local communities, customers, and partners.

For more info, please visit https://en.yofc.com/.

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HONG KONG, Nov. 14, 2025 /PRNewswire/ — Presented by the Government of the Hong Kong Special Administrative Region, spearheaded and sponsored by the Cultural and Creative Industries Development Agency (CCIDA) of the Culture, Sports and Tourism Bureau, the second edition of Hong Kong Fashion Fest will take place from 22 November to 7 December, featuring seven flagship programmes. Spanning haute couture, digital fashion, denim culture, sustainability, cross-disciplinary collaborations and industry exchange, the event will turn Hong Kong again into a dazzling stage for global fashion, cultural exchange and creative dialogue.

The Secretary for Culture, Sports and Tourism, Miss Rosanna Law, stated that the East-meets-West cultural fusion of Hong Kong has nurtured an endless stream of creativity that radiates vibrancy on fashion stage. Building on the success of the inaugural edition of Hong Kong Fashion Fest last year, programmes this year fully demonstrate the city’s diverse charm of blending tradition and innovation, the power of designers of the next generation, as well as Hong Kong creative talents’ broad international vision and outstanding capability in fostering cross-sector co-operation.

The crossover programmes with Paris Fashion Week and Milan Fashion Week were initiated and driven by CCIDA in collaboration with the respective organisers, namely, the Fédération de la Haute Couture et de la Mode of France and the Camera Nazionale della Moda Italiana, followed by the realisation of ideas by close engagement with local stakeholders, thereby achieving Hong Kong’s strategy of “bringing in” and “going out”. Hong Kong Fashion Fest is poised to serve as an international platform for local and international fashion designers and brands, attract international players from the fashion design industry from all over the world to Hong Kong to participate in the event, and foster collaboration, innovation and business opportunities, consolidating Hong Kong’s position as the East-meets-West centre for international arts and cultural exchanges.

The opening programme, VIRTUOSE: The Artistry of Couture 2025 (VIRTUOSE), presented by the Hong Kong Fashion Designers Association (HKFDA) on 22 November, will feature four exceptional next-generation couture designers from France, Japan, Chinese Mainland and Hong Kong, China. Against the glittering backdrop of Victoria Harbour, these designers will present their creations in a spectacular runway show. The programme aims to discover and nurture emerging couture talents while positioning Hong Kong as a rising global capital of haute couture.

In the realm of digital fashion, the Hong Kong Design Centre (HKDC) joins hands with the Fédération de la Haute Couture et de la Mode (FHCM) to co-present PLAY, POSE & PIXEL Digital Fashion Exhibition, curated by Hong Kong’s digital fashion pioneer FabriX World. Building on FabriX World’s acclaimed exhibition at Paris Fashion Week in September 2025, the Hong Kong edition brings an innovative and playful fashion experience powered by technology. Through augmented reality try-ons, 3D virtual fashion displays and other immersive technologies, visitors can appreciate nostalgic Hong Kong-style dolls full of unique charms closely, design their own avatars and explore personalised digital “dress-up” innovations.

Organised by the Hong Kong Design Institute (HKDI) under the Vocational Training Council (VTC), the 4th Hong Kong Denim Festival – Denim Artistry continues to nurture creative talent while building a cultural and industry platform for denim design. This year’s festival introduces new highlights including fashion showcases, in-store collaborations, thematic exhibitions and cross-disciplinary partnerships. The event increase exposure of local designers’ denim collections, highlights the craftsmanship and evolution of denim production, and promotes creative synergy between denim, art and music.

Organised by the College of Liberal Arts and Social Sciences of the City University of Hong Kong (CityUHK) with Fondazione Pistoletto Cittadellarte in partnership with Camera Nazionale della Moda Italiana, Fashion to Reconnect: A Tale of Two Style Capitals is a sustainability-themed fashion extravaganza. The programme features art installations in various locations in Hong Kong, thematic fashion exhibition, conferences and networking sessions across Hong Kong. Showcasing works by 9 Hong Kong and 15 Italian designers, it weaves together art, fashion and sustainability, offering audiences a rich and nuanced experience of cultural exchange between Hong Kong SAR and Italy.

WWD x SJ Global Fashion & Business Conference and WWD Fashion Loves Culture Gala is organised by the Hong Kong Fashion Council in partnership with leading fashion media Women’s Wear Daily (WWD) and Sourcing Journal (SJ), it unites global and local industry leaders for a dynamic programme of thought leadership, creative exchange, and cultural celebration. Both the conference with visionary global fashion leaders and the star-studded culture gala underscore Hong Kong’s growing role as a global hub for creativity and commerce in the fashion industry.

Presented by the Clothing Industry Training Authority (CITA), Fashion Summit (Hong Kong) 2025 continues to be Asia’s leading sustainable fashion event, promoting international industry exchange and discussion on the latest sustainability trends. This year’s programme includes a fashion exhibition and an international conference and runway show at the Hong Kong Palace Museum, exploring the artistry and innovation of sustainable fashion.

Returning this year, Fashion Asia Hong Kong will again present the Fashion Challenges Forum and the 10 Asian Designers to Watch Exhibition. Organised by the Hong Kong Design Centre, the programme will bring together global fashion leaders and emerging Asian designers to exchange forward-thinking ideas and creative visions, shaping the future of fashion.

For more details and the latest updates, please refer to official website (www.hongkongfashionfest.com) or follow Instagram @hkfashionfest, Facebook @hongkongfashionfest and YouTube @hkfashionfest.

Press Material

https://www.dropbox.com/scl/fo/65j9qz5hza6r6t2tkrf3o/ACDFpqYh1Y0jLcRENg5S4zI?rlkey=wqduonziasiu9yqhc9y5bf211&st=foq9wtjg&dl=0

DUBAI, UAE, Nov. 14, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has released its latest Bybit x Block Scholes Crypto Derivatives Analytics Report, in collaboration with Block Scholes.  The report provides an in-depth examination of crypto derivatives data and market sentiment that appeared to foreshadow Bitcoin’s drop extending past 20% below its record high.

Key Highlights:

• Perpetuals: Funding rates in major cryptocurrencies present a mixed picture of sentiment, while altcoin rates tilt bearishly. Open interest in large-cap perpetual swaps has fallen to nearly half its previous levels since early October, indicating reluctance to reopen long positions.
• Options: Volatility expectations remain elevated, with a strong skew toward bearish put contracts. Activity in options markets has declined compared with October, underscoring a cautious short-term outlook among traders.

The report notes that despite a strong rebound in U.S. equity markets after the 43-day government shutdown ended, crypto assets struggled to regain lost ground. Spot markets have encountered resistance during every attempt to rally, suggesting persistent bearishness among investors. Elevated implied volatility levels further highlight the market’s hesitation to price in sustained optimism.

In derivatives markets, the decline in open interest across major perpetual swaps reflects traders’ ongoing caution. The October downturn, which triggered one of the largest liquidation events in recent crypto history, left investors wary of re-entering long positions. Meanwhile, options data reveal that bearish sentiment continues to dominate the short-term outlook, as protective puts command higher premiums and overall trading volumes soften.

Such positioning across the broader crypto complex left crucial price support vulnerable, ultimately paving the way for Bitcoin’s plummet to a 6-month low today.

The full analysis is available in the Bybit x Block Scholes Crypto Derivatives Analytics Report.

#Bybit / #CryptoArk /#BybitResearch / #BybitLearn

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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NEW YORK, Nov. 14, 2025 /PRNewswire/ — This holiday season, Double Stitch by Bedsure—a trusted name in premium bedding with over 40 years of craftsmanship—invites shoppers to experience luxurious comfort at exceptional value. From November 20 to December 1, enjoy up to 75% off select bedding essentials during the brand’s Black Friday & Cyber Monday Event.

Award-Winning Quality You Can Feel

Honored with the 2025 Good Housekeeping Best Bedding Awards, Double Stitch’s Organic Cotton Collection redefines everyday luxury. Each product is crafted from 100% long-staple organic cotton fibers, garment-washed for supreme softness and certified by OEKO-TEX® STANDARD 100, ensuring a sleep experience that’s as safe as it is indulgent.

• Organic Cotton Duvet Cover Set – 40% Off
  Experience the pure comfort of responsibly sourced cotton with a smooth 300-thread count finish that elevates every night’s rest.
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  Breathable, soft, and sustainably woven, this set offers the ultimate upgrade in natural elegance.
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  Crafted from 100% cotton with chic contrast ruffle edges, this pillow cover adds a timeless decorative touch to any space.
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  Designed with a textured tufted pattern and soft cotton shell, it brings cozy dimensions and tactile charm to your living space.
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Luxury Made Accessible

“At Double Stitch, we believe everyone deserves the comfort of premium bedding,” said June McKenzy, Chief Product Design Director. “Our Black Friday event is about celebrating craftsmanship, sustainability, and the everyday joy of better sleep.”

Shop the full collection exclusively at www.doublestitch.com or on Amazon, and discover how thoughtful design can transform your sleep and your home.

About Double Stitch by Bedsure

With over 40 years of experience in premium bedding, Double Stitch by Bedsure is committed to providing industry-leading quality and service. We aim to understand our customers’ needs and deliver a luxurious sleeping experience to every home—at an affordable price.

HONG KONG, Nov. 14, 2025 /PRNewswire/ — J&T Global Express Limited (“J&T Express” or “J&T” or “the Company”, stock code: 01519), a global logistics service provider, announced its key performance highlights during the Double 11 peak season. Driven by global e-commerce sales events, including Double 11 and Black Friday, J&T’s global parcel volume grew rapidly. On November 11, J&T Express’s global daily parcel volume once again surpassed the 100-million mark, hitting a new record high and representing a 9% year-on-year (“YoY”) increase.

With multiple promotional seasons occurring consecutively, J&T’s average daily global parcel volume from November 1 to 12 reached 94.59 million, a 15% YoY increase. This was led by particularly rapid growth in Southeast Asia and New Markets, which achieved robust YoY growth of 78% and 83% respectively. This performance fully demonstrates the Company’s indispensable strategic position within the global e-commerce ecosystem and its exceptional service resilience.

Southeast Asia Market: Comprehensive Preparations for Peak Season, Sustained High Growth Across Multiple Markets

During this year-end peak season, the Southeast Asia market continued its consistent dynamism. In the Philippines, the average daily parcel volume during Double 11 surged by up to 55% compared to ordinary days. Several Southeast Asian markets, including Singapore, Indonesia, and Vietnam, showed significant growth during the early November promotional period. Vietnam experienced explosive growth, with its cumulative parcel volume from November 1 to 11 soaring by 211% YoY.

In anticipation of the year-end peak season, J&T proactively executed 18 capacity expansions and upgrades in Thailand. These encompassed capacity enhancements at 10 hubs and 8 distribution hubs, alongside the deployment of 5 additional sets of fully automated sorting equipment, resulting in an overall site capacity increase of 80%. To bolster transportation and manpower, Thailand deployed over 300 additional temporary line-haul vehicles daily and arranged for more than 9,000 staff at last-mile outlets during the peak period.

China Market: Breaking Through with Differentiated Services, Steadily Empowering SME Growth

In China, J&T Express, leveraging its differentiated service strategy and continuously enhanced network capabilities, once again served as the designated logistics partner for all major e-commerce platforms. By deepening its local service presence, J&T effectively supported small and medium-sized merchants (SMEs) with flexible logistics solutions.

During the Double 11 peak season, J&T’s average daily parcel volume in the Zhangzhou Longhai district achieved approximately 15% YoY growth, effectively managing the surge in orders and meeting next-day delivery timeliness challenges. Addressing the high timeliness demands of live streaming e-commerce, J&T achieved optimization in fulfilment processes and innovation in return-handling mechanisms, significantly enhancing the customer experience. Through refined customer maintenance models, J&T ensured stable timeliness services for SMEs even during the high-volume sales period, efficiently handling the increased parcel volumes.

Regarding capacity assurance, J&T China completed the upgrade and renovation of 57 sorting centers across its entire network ahead of schedule. This involved expanding site capacity and deploying additional automated equipment. The scope of these upgrades was also extended to more than 1,000 last-mile outlets, ensuring smooth and efficient operations across the entire logistics chain. For last-mile delivery, J&T has deployed over 1,000 unmanned delivery vehicles throughout China. This effectively addresses the “last-mile delivery challenge” and provides coverage in both urban and rural areas.

New Markets: Stronger Global Reach, Deeper Local Roots

J&T Express continues to refine its global logistics service footprint, demonstrating high growth potential in emerging markets. In Brazil, J&T’s daily order parcel volume surpassed 1 million items on November 11-12, showcasing strong growth momentum, supported by pre-emptive expansion of line-haul capacity. In Egypt, J&T actively integrated into the local e-commerce ecosystem, growing alongside local platforms including noon. From November 1 to 12, parcel volume originating from noon increased by 41% compared to the same period in 2024, demonstrating the ongoing effectiveness of its regional strategy.

During this year-end peak season, J&T Express has once again demonstrated its robust global network resilience and innovation capabilities through exceptional performance. By continually investing in advanced technologies like AI-powered intelligent sorting and automated sorting centers, J&T empowers merchants worldwide, enabling rapid growth in parcel handling volume. Moving forward, J&T Express will continue to deepen its global presence, remaining customer-centric and providing more efficient, convenient, and reliable logistics services to support the continued prosperity of the global e-commerce economy.

About J&T Express

J&T Express is a global logistics service provider with leading express delivery businesses in Southeast Asia and China, the largest and fastest-growing market in the world. Founded in 2015, J&T Express’ network spans thirteen countries, including Indonesia, Vietnam, Malaysia, the Philippines, Thailand, Cambodia, Singapore, China, Saudi Arabia, the UAE, Mexico, Brazil and Egypt. Adhering to its “customer-oriented and efficiency-based” mission, J&T Express is committed to providing customers with integrated logistics solutions through intelligent infrastructure and digital logistics network, as part of its global strategy to connect the world with greater efficiency and bring logistical benefits to all.

HANOI, Vietnam, Nov. 14, 2025 /PRNewswire/ — Through a collaboration with Singapore Airlines, LynkiD now allows users to convert reward points into KrisFlyer miles, unlocking access to world-class travel services and international experiences while reinforcing the position of a Vietnamese loyalty brand on the global stage.

LynkiD Points – A Gateway to the World

For years, loyalty programs in Vietnam have remained limited in both brand and geographic scope – primarily serving a single label and focusing on domestic rewards in retail, dining, or local gifting. Against this backdrop, LynkiD’s strategic partnership with KrisFlyer – the global frequent flyer program of Singapore Airlines – marks a milestone for Vietnam’s loyalty industry.

With this new linkage, more than 8 million LynkiD users can now convert their accumulated points into KrisFlyer miles, unlocking a host of benefits: from redeeming international flight tickets and upgrading seats to duty-free shopping at airports and enjoying premium travel services worldwide. This development allows LynkiD to transcend geographic boundaries, bringing Vietnamese loyalty experiences closer to international standards.

Specifically, every 550 LynkiD points can be redeemed for 1 KrisFlyer mile, enabling customers to enjoy world-class journeys with a wide range of possibilities: redeeming flights or seat upgrades with Singapore Airlines, Scoot, Star Alliance member airlines, and other partner carriers; booking hotel stays at global chains such as Marriott and Accor; accessing exclusive travel deals from Singapore Airlines’ partner Pelago; and enjoying hundreds of offers for room upgrades, fine dining, spa treatments, as well as opportunities to shop for renowned cosmetics, fashion brands, and duty-free products via KrisShop.

Industry observers note that LynkiD’s strength lies not only in its vast partner network but also in its seamless customer experience. From earning points through domestic services to converting them into international air miles, the entire process is quick and transparent through the app.

Customers can earn points from hundreds of brands across diverse sectors—F&B, retail, entertainment, and finance—and directly convert them into KrisFlyer miles. A clear transaction history allows users to easily track and manage their benefits.

As a result, every daily expense becomes an “investment” in memorable experiences: a fine dining evening in Singapore, a business trip, a family vacation to the Lion City, or any major city served by Singapore Airlines. LynkiD users are not just spending—they are rewarded with exceptional value.

A Promising Future for LynkiD Users and Partners

The partnership with Singapore Airlines reflects LynkiD’s capabilities and long-term vision in building a borderless loyalty ecosystem. It demonstrates the ability of a Vietnamese brand to connect with world-leading names while opening new collaboration opportunities for businesses seeking modern, effective loyalty solutions.

According to Ms Uyen Tran, CEO of LynkiD, the brand plans to expand collaborations into sectors such as hospitality, e-commerce, and international entertainment, offering users more options. The goal is not only to increase convenience but also to foster a connected customer community where every reward point carries global value.

Within the LynkiD ecosystem—a multi-platform customer engagement application and the official loyalty service provider for VPBank—customers and partners benefit together, maximizing value. More than 8 million users can redeem reward points for virtually every lifestyle need, from dining and shopping to entertainment and international travel. At the same time, over 1,000 partner brands enjoy superior customer loyalty programs and gain access to previously untapped customer bases through LynkiD.

Industry analysts believe LynkiD is building a synergistic model that delivers value for all stakeholders: users become more engaged, partners grow faster, and LynkiD strengthens its position as a central connection point in a large-scale loyalty network. This foundation positions the Vietnamese brand to go further in its journey of global integration and expanding international influence.