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Lao State Fuel Company Set to Transform into Public–Private Joint Venture

By
Thongsavanh Souvannasane
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Lao state fuel company to become public-private

The Lao government is moving to restructure the Lao State Fuel Company (LSFC) into a public–private joint venture as part of its broader overhaul of major state-owned enterprises, according to a report presented to the National Assembly on 13 November.

Officials detailed the reform plan during the 10th Ordinary Session of the 9th Legislature of the National Assembly (NA), held from 10 to 21 November. The report states that LSFC is currently seeking partnerships with financially capable private investors to improve operational efficiency and strengthen its financial position.

Under the proposed structure, the government will retain at least a 51 percent stake to maintain majority control and protect national interests.

To guide the transition, authorities are selecting a reputable international consulting firm, such as KPMG, Deloitte, PwC, or EY, to advise on operational planning and asset valuation.

The initiative is a priority within the government’s wider reform agenda aimed at improving management practices and addressing persistent financial losses across state-owned enterprises.

Officials have identified three other entities slated for similar restructuring: Electricité du Laos (EDL), Lao Airlines, and Nayoby Bank.

On 10 November, during the opening day of the NA session, the government also confirmed that China’s Commercial Aircraft Corporation of China (COMAC) will acquire a 49 percent stake in Lao Airlines, while the state retains 51 percent. The national carrier currently operates two COMAC C919 aircraft, delivered in late March and early September.

PTT Lubricants Sets Global Benchmark with API SQ-Certified Oils, Expands Beyond Asia into Africa and the Middle East

By
Advertorial Desk
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BANGKOK, THAILAND – Media OutReach Newswire – 14 November 2025 – PTT Lubricants, the flagship lubricant brand under PTT Oil and Retail Business Public Company Limited (OR), is stepping onto the global stage with the launch of Thailand’s first engine oil certified under the latest API SQ / ILSAC GF-7A standard—a milestone that positions Thailand as a rising innovation in the international lubricant market.

PTT Lubricants Sets Global Benchmark with API SQ-Certified Oils, Expands Beyond Asia into Africa and the Middle East

The newly launched PERFORMA SUPER SYNTHETIC 0W-20, developed with proprietary EVOTEC technology, meets the world’s most stringent benchmarks for engine protection. API SQ / ILSAC GF-7A certification ensures improved wear resistance, deposit control, and compatibility with ethanol fuels, while aligning with Euro V emission standards—making it a strategic solution for both eco-conscious drivers and OEMs.

“Being the first in Thailand to achieve API SQ certification marks more than a product milestone—it signals Asia’s ability to set new standards for sustainable mobility,” said MR. RACHA U-THAICHAN Senior Executive Vice President, Lubricants Business. “We are redefining what lubricant innovation from Thailand can deliver to global markets.”

With Thailand recognized as a global automotive production hub—1.88 million vehicles produced and over 1 million exported in 2022—PTT Lubricants is using its home base as a springboard for worldwide growth. Already a leader with 30% market share in Thailand and ranked as the nation’s No.1 lubricant brand for 13 consecutive years, the company is now scaling aggressively across high-growth markets.

Its footprint covers all ASEAN economies—Indonesia, Vietnam, Cambodia, Laos, the Philippines, Malaysia, Singapore, Myanmar, Brunei, as well as Taiwan, while new strategic moves are extending reach into Africa and the Middle East, where demand for high-performance lubricants is surging alongside rapid infrastructure growth.

PTT Lubricants also continues to strengthen global partnerships, including a long-standing alliance with Total Lubmarine, enabling supply of marine lubricants to more than 1,000 ports worldwide.

Unlike traditional approaches that frame sustainability through corporate projects, PTT Lubricants embeds its climate strategy directly into its products. By engineering lubricants that extend engine life, improve fuel efficiency, and reduce carbon output, the brand contributes to lowering environmental impact across diverse markets.

Founded over 30 years ago as a local Thai enterprise, PTT Lubricants has evolved into a regional leader exporting to more than 40 countries. Today, it is positioning itself not just as a supplier but as a global standards setter in lubricant technology.

“With API SQ-certified products, we are ready to serve every gasoline engine model of passenger vehicles, every road, every region,” said RACHA. “Our ambition is clear: to ensure that PTT lubricants meet international standards and establish global recognition.”

Hashtag: #OR #PTTLubricants

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

About OR

PTT Oil and Retail Business Public Company Limited (OR) is a leading Thai energy and retail company with operations across 10 countries. OR operates through four core business groups: Mobility Business, providing energy solutions via PTT Station, PTT Lubricants, PTT LPG, and EV Station PluZ; Lifestyle Business, featuring Café Amazon, one of Asia’s largest coffee chains, along with convenience stores and space management; Global Business, driving international growth with over 400 PTT Stations and Café Amazon outlets; and OR Innovation Business, developing new ventures and sustainable solutions through technology and innovation.

Genspark Joins Forces with AWS to Deliver the Next Generation Agentic AI Experiences for Users Worldwide

By
Advertorial Desk
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HONG KONG SAR – Media OutReach Newswire – 14 November 2025 – Genspark, a leading startup that builds general-purpose AI agents and serves more than 20 million users worldwide, has selected Amazon Web Services (AWS) as its preferred cloud provider. By leveraging AWS infrastructure and generative AI capabilities, Genspark has reduced product development and operations costs, significantly improving the performance of its generative AI and agentic AI products.

Founded in 2023, Genspark developed a suite of intelligent agent products, including its deep research agent that was built to provide comprehensive and trustworthy results while automating complex research tasks. The company also pioneered a general-purpose AI agent—a flexible system that performs diverse tasks without requiring retraining for each new application. Its flagship product, the Super Agent, functions as an all-in-one workspace that supports a range of activities including research, content creation, and office productivity.

With AWS’s autoscaling solutions, Genspark has improved the cost-performance of GPU workloads and simplified operations management. By using Amazon EC2 Spot Instances, Genspark reduces GPU costs by 60-70%. In addition, by combining the high-performance Cluster Autoscaler for Amazon Elastic Kubernetes Service (Amazon EKS) with Amazon EC2 Spot Instances, Genspark can secure the required compute capacity while maintaining low costs.

AWS’s global infrastructure is also helping Genspark enhance end-user access experiences. For example, Genspark’s Image Studio feature runs its Flux image generation model on an Amazon EKS cluster powered by Amazon EC2 G6e instances. This approach leverages different GPU instance types to reduce image generation time to tens of seconds, delivering a high-quality image generation experience.

A key to building agentic AI applications is seamlessly integrating base model’s reasoning and planning abilities, tool-use capabilities, and business-aligned prompt engineering and orchestration to help the application efficiently accomplish predefined objectives. Genspark leverages the Claude family of models on Amazon Bedrock to power key agentic AI workflows in its products, including Super Agent, AI Slides, AI Sheets, AI Designer, and AI Developer. As a fully managed service, it offers a choice of high-performing foundation models (FMs) and tools to deploy and operate agents. Using Amazon Bedrock not only improves service resilience, model availability, and responsiveness for Genspark, but also helps the company to reduce the cost of training and fine-tuning models. Amazon Bedrock’s prompt caching helps Genspark reduce model inference costs by 72%.

Genspark participated in the “AWS Activate 2.0” program and was part of the second cohort of the “AWS Startup Accelerator.” The comprehensive technical and resource support that AWS provided helped Genspark accelerate its technical validation and commercial rollout of generative AI products, improving the user experience, and efficiently supporting its global expansion.

Justin Liu, co-founder & Chief Architect of Genspark, said: “In the generative AI domain, AWS demonstrates outstanding technological leadership and deep capabilities. Our close collaboration has greatly advanced our breakthroughs in agentic AI product development and cost optimization and has meaningfully improved user experience. Looking ahead, we look forward to deepening our co-innovation with AWS in agentic AI, expanding into broader application scenarios, and jointly shaping a new paradigm for intelligent content access and creation.”

“Millions of users are already using Genspark network of specialized agents that can conduct every-day activities including research, content creation, and office productivity,” said Jason Bennett, VP and Global Head of Startups and Venture Capital at AWS. “By leveraging AWS’s AI stack, they’ve reduced costs by up to 72% while significantly improving performance. This demonstrates how our AI infrastructure and services are enabling startups to scale their AI applications efficiently. We’re excited to continue supporting Genspark as they push the boundaries of agentic AI.”
Hashtag: #AWS #AI #Genspark

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

ABOUT GENSPARK

Genspark is an all-in-one AI Workspace on a mission to enable the 3-day work week for 1 billion+ knowledge workers. Founded in 2023, the company achieved $50M ARR in just 5 months—the fastest in the agent space. Genspark has raised $160M in 18 months, including a $100M Series A at a $530M valuation in February 2025. Genspark powers agentic AI work tools including Super Agent, AI Slides, AI Sheets, AI Docs, and AI Designer—all built on a proprietary platform combining 30+ AI models, 20+ premium datasets, and 150+ in-house tools. Genspark’s hypergrowth validates a fundamental market shift: the world is ready for AI agents that transform how knowledge work gets done.

Herbalgy Unveils a New Campaign Featuring Cecilia Yeung in Conversation with Professor Wong Tin Chee Introducing Touch-Cool 5 ml Portable Edition and the New Herbalgy Analgesic Plaster

By
Advertorial Desk
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HONG KONG, Nov. 14, 2025 /PRNewswire/ — Herbalgy, Hong Kong’s trusted pain management specialist, today unveils an inspiring new brand campaign that marks a significant milestone in the company’s evolution. The campaign features an authentic conversation between Hong Kong’s record-breaking high jump athlete Cecilia Yeung and Professor Wong Tin Chee, Herbalgy’s founder, blending elite sports perspectives with professional pain management expertise.

Herbalgy Unveils a New Campaign Featuring Cecilia Yeung in Conversation with Professor Wong Tin Chee
Herbalgy Unveils a New Campaign Featuring Cecilia Yeung in Conversation with Professor Wong Tin Chee

Download high-resolution images: https://shorturl.at/nMs45

Alongside the campaign, Herbalgy introduces two new innovations, the Touch-Cool 5 ml Portable Edition and the new Herbalgy Analgesic Plaster, thoughtfully created to meet the evolving needs of modern, on-the-go lifestyles.

As one of Hong Kong’s most recognisable sports figures, Cecilia Yeung has continually navigated the delicate balance between high-intensity training and injury recovery while managing persistent physical challenges. She openly shared that physical discomfort not only impacted her athletic performance but also profoundly tested her mental resilience. With Professor Wong Tin Chee’s expertise in pain management and the support of Herbalgy’s products, Cecilia found effective relief from pain and enhanced her training efficiency, demonstrating the brand’s practical value in sports rehabilitation. Throughout her recovery journey, Cecilia chose to trust Herbalgy, now sharing this authentic experience publicly for the first time.

Brand Evolution: Stepping into a New Era of Modern Wellness

Coinciding with the launch of its television campaign, Herbalgy unveils a comprehensive brand transformation, beginning with a complete visual identity refresh. The new logo creatively reinterprets the letter “H” from “Herbalgy” through clean, contemporary lines, forming a shape reminiscent of a handshake. This symbolizes the trusted partnership and collaborative spirit between the brand and its users.

The Touch-Cool series and the Herbalgy Analgesic Plaster have been refreshed with a modern, fashion-forward design, featuring bold colour contrasts and a minimalist aesthetic. Building upon Herbalgy’s professional heritage, the new look introduces a youthful sense of energy and movement, reflecting the brand’s evolution from clinical expertise to everyday wellness.

Strategic Pain Management:  “Upper–Middle–Lower Pain Management System”, Elevated into a Way of Life

Professor Wong Tin Chee has dedicated years to pain management research, championing the TCM philosophy of “preventing illness before it occurs.” At the heart of Herbalgy’s mission is alleviating public discomfort and enhancing quality of life by transforming pain management into precise, effective, and sustainable at-home care—seamlessly blending traditional wisdom with modern living.

An Integrated Framework for Pain Management: A Three-Tiered Protection System

Herbalgy introduces the groundbreaking “Upper-Middle-Lower Pain Management” framework, creating a systematic recovery network for targeted relief:

  • Neck, Shoulder & Head Zone: — Preventive Relief with Touch-Cool
    Infused with menthol and designed with a 360° magnetic roller, it can relieve headaches, neck and shoulder pain, and muscle soreness. Clinically proven by City University of Hong Kong and Hong Kong Baptist University validated the effectiveness of Touch-Cool, indicating that it can enhance post-exercise muscle recovery and alleviate fatigue by up to 51%[1], accelerating recovery and reducing fatigue. The 5ml portable roll-on offers professional pain management on the go—ideal for training, work, or travel.
  • Limbs & Lower Back Zone— Active Recovery with Herbalgy Medicated Balm & Herbalgy Analgesic Plaster（New Product）
    Specifically formulated for the back, limbs, and joints, this duo works in synergy. Begin with Herbalgy Medicated Balm in the day, massaging gently to stimulate blood flow, then apply the Herbalgy Analgesic Plaster in the night for continuous care. Together, they soothe muscle soreness and enhance recovery after physical activity.
  • Hip, Knee & Ankle Zone:— Targeted Restoration with Carthami Flos Pain Relieving Oil & Carthami Flos Analgesic Plaster 
    A traditional ingredient which contain safflower celebrated for its ability to activate blood and resolve stasis, this targeted solution addresses lower-body strain and deep muscle fatigue. The integrated “day-oil, night-plaster” system establishes a continuous 24-hour care cycle: the pain-relief liniment applied during daytime hours supports active movement, while the medicated patch works through the night to enable deep recovery. This strategic around-the-clock approach provides comprehensive dual-action relief—effectively easing acute sprains and strain while progressively improving chronic muscle fatigue.

Where to Buy Touch-Cool 5 ml Portable Edition:

The Touch-Cool 5 ml Portable Edition is available through the official Herbalgy website, as well as at designated Matsumoto Kiyoshi stores in Hong Kong, Yata (Shatin), Watsons online store, HKTVmall, and other major chain personal-care retailers and pharmacies across the city.

Where to Buy Touch Cool, Herbalgy & Carthami Flos Series :

Herbalgy’s range of products is available at the official Herbalgy website, as well as Mannings, Watsons, Wellcome, Yue Hwa Chinese Products Emporium, Colourmix, Matsumoto Kiyoshi, Yata, Aeon, Lung Fung Group, HKTVmall, Healthstore, and major chain personal care stores and pharmacies across Hong Kong.

[1] In February 2007, experimental studies conducted by City University of Hong Kong and Hong Kong Baptist University validated the effectiveness of Touch-Cool, indicating that it can enhance post-exercise muscle recovery and alleviate fatigue by up to 51%.

About Herbalgy

Herbalgy Pharmaceutical Ltd. is a company that captures the essence of Hong Kong. Founded in 1999 by the esteemed Professor of Chinese Medicine Wong Tin Chee, he has been inspired by his father, Wong To Yick, since childhood. With a deep passion for Traditional Chinese Medicine and herbal medicine research, Professor Wong has inherited his father’s wisdom and expertise.  He is committed to adhering to his father’s philosophy of “focusing on addressing the root cause rather than merely treating the symptoms” and the principle of “viewing pain as a crucial indicator for identifying underlying issues.”

Following the establishment of the family business, Professor Wong was encouraged by his father to create the well-known “Herbalgy” brand. This name reflects the company’s commitment to promoting healthy meridians and overall well-being. With decades of clinical experience and a love for Hong Kong’s traditional Chinese medicine, he established a GMP-standard factory in Hong Kong to ensure the scientific production of traditional medicinal oils and plasters. He has since launched the brands “Touch Cool,” “Herbalgy,” and “Tibet Red,” which blend the unique characteristics of Hong Kong with accessible medicinal oils, magnetic therapy, herbal remedies, and physical therapy, making them some of the most enduring and best-selling brands in the region.

These brands offer straightforward, medication-based home care solutions designed for the early prevention of chronic pain resulting from impaired circulation of blood and Qi in urban lifestyles.

For more information about Herbalgy, please visit:

Website: https://herbalgy.com
Facebook: https://www.facebook.com/Herbalgy/
Instagram: https://www.instagram.com/herbalgyhk/

Media Inquiries:
Herbalgy Pharmaceutical Ltd.
Marketing and Sales Department
Phone: (852) 2380 9555
Email: cs@herbalgy.com

PR Agency:
SORTIE Agency Limited
Phone: (852) 2855 6896
Email: info@sortieagency.com

Fosun International Receives “ESG & Corporate Sustainability Excellence Award” from Hong Kong Economic Journal

By
Advertorial Desk
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HONG KONG, Nov. 14, 2025 /PRNewswire/ — On 13 November 2025, Hong Kong Economic Journal (HKEJ), Hong Kong’s first Chinese-language financial newspaper, hosted the “ESG & Sustainability Awards of Excellence 2025” ceremony. At the event, Fosun International received the “ESG & Corporate Sustainability Excellence Award”, recognizing its remarkable achievements and strong market standing in advancing environmental, social, and governance (ESG) practices as well as sustainability.

HKEJ noted that, in recent years, an increasing number of companies have been deeply integrating the concept of sustainability into their long-term investment strategies and business decision-making processes. International institutional investors also view ESG performance as a key indicator for assessing a company’s long-term value. Studies have shown that advancing sustainability not only supports market expansion and strengthens risk management, but also enhances capital returns and overall financial performance. Against the backdrop of a rapidly evolving global business landscape, ESG has become an essential strategy for enterprises to maintain their competitive edge and achieve steady growth.

HKEJ further pointed out that many well-known companies in Hong Kong, including Fosun International, have long been committed to promoting ESG practices. Their efforts hold significant strategic importance in reinforcing Hong Kong’s position as an international financial center. The awards were established to recognize companies that have made outstanding contribution to advancing sustainability. In addition to Fosun International, other recipients of the “ESG & Corporate Sustainability Excellence Award” include Henderson Land Development, MTR Corporation, PCCW/HKT, and FWD Life Insurance.

Advancing climate commitments, achieving notable recognition for ESG performance

HKEJ highlighted that global investors have attached increasing importance to the ESG performance of enterprises in recent years, while Fosun International has continued to advance its ESG efforts, achieving remarkable results. As of now, Fosun International has maintained an MSCI ESG rating of AA. In 2025, it has been once again included in the S&P Global Sustainability Yearbook 2025 and has been selected as the top 1% in S&P Global Sustainability Yearbook 2025 (China Edition). It has received an HSI sustainability rating of AA- and has been consecutively included in the Hang Seng Corporate Sustainability Benchmark Index. Fosun has also retained a leading FTSE Russell ESG score and has continued to be selected as a constituent stock of the FTSE4Good Index Series.

Fosun has established a top-down and long-term mechanism for ESG improvement and has included ESG management performance as an evaluation factor in the Executive Directors’ performance assessment, and the ESG management performance appraisal mechanism is also extended to the CEOs of the Group and the personnel in charge of each business group. Fosun has set up an ESG Board Committee under the Board of Directors (the “Board”) to assist the Board in guiding and overseeing the Group’s ESG development and implementation. At the management and decision-making level, Fosun has established an ESG Executive Committee under the management to provide decision support for the implementation of ESG strategies. At the implementation level, the Group has also set up an ESG Management Committee and an ESG Working Group to implement ESG strategies and related actions and ensure the establishment of appropriate and effective ESG risk management and internal control system.

To address climate change, Fosun actively responds to the national “dual carbon” goals by promoting carbon neutrality and energy conservation and emission reduction. In 2021, Fosun made a commitment to society – “strive to peak carbon emissions by 2028 and achieve carbon neutrality by 2050”. Fosun has formulated strategies for climate change mitigation and adaptation to align with the 1.5°C temperature control target set in the Paris Agreement. In April 2025, Fosun International proactively aligned with the Task Force on Climate-Related Financial Disclosures (TCFD) recommendations and the International Financial Reporting Standards S2 Climate-related Disclosures Requirements (IFRS S2) by releasing its third Climate Information Disclosures Report, further enhancing the transparency of its climate initiatives and underscoring its commitment to sustained progress in this area.

Committed to innovation, actively giving back to society

Fosun adheres to an innovation-driven strategy, and the anticancer and antimalarial drugs developed by its Health segment have widely benefited cancer patients and severe malaria patients. Among which, HANSIZHUANG, an innovative anti-PD-1 monoclonal antibody independently developed by Fosun, is the world’s first anti-PD-1 monoclonal antibody approved for the first-line treatment of small cell lung cancer (SCLC). To date, it has been approved for marketing in nearly 40 countries and regions, including China, the European Union, the United Kingdom, Singapore, and India, benefiting more than 110,000 patients worldwide. In addition, HLX43, a PD-L1-targeting antibody-drug conjugate (ADC) is undergoing clinical studies for solid tumors such as non-small cell lung cancer and thymic carcinoma in countries including China, the United States, and Australia. Currently, no PD-L1 ADC has been approved globally, positioning HLX43 as a potential highly effective and safe broad-spectrum anticancer drug.

Fosun Pharma has consistently contributed the “China Solution” to the fight against malaria in Africa. As at the end of June 2025, its independently developed artesunate for injection had been used to treat more than 84 million patients with severe malaria worldwide. Additionally, Fosun Pharma had cumulatively supplied over 420 million doses of artesunate for injection globally.

Fosun remains committed to global cooperation and shared success, striving to make medical technologies more accessible and affordable to more patients. China’s first CAR-T cell therapy product developed by Fosun, Yi Kai Da (ejilunsai injection), has been included in over 110 urban customized commercial health insurances and over 80 commercial insurances; has established over 190 high-standard treatment centers across 29 provinces and cities nationwide, benefiting more than 1,000 lymphoma patients; has successfully completed its first-ever cross-border shipping and usage in Hong Kong SAR and Macau SAR; and has successfully helped the first patient in the Chinese mainland to achieve over seven years of high-quality survival.

In order to better promote the fulfillment and implementation of corporate social responsibility, Fosun Foundation was established in 2012. It has been making unremitting efforts in the fields of global emergency relief, rural revitalization, health, education, culture and art, youth development, etc. to create social value. Of which, since its launch at the end of 2017, Fosun Foundation’s Rural Doctors Program has covered 78 counties in 16 provinces, cities, and autonomous regions, supported 25,000 rural doctors, and benefited 3 million rural families.

In the future, Fosun will continue to develop its businesses, strengthen innovation and globalization, and join hands with customers, partners, investors and all parties in society to forge ahead and continue to uphold its original aspiration of “Contribution to Society” so as to actively promote the sustainable development of ESG globally to fulfil Fosun’s mission of “Creating happier lives for families worldwide”.

Intchains Group’s Expansion into Proof-of-Stake Marks a Strategic Inflection Point for Long-Term Growth

By
Advertorial Desk
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HONG KONG, Nov. 14, 2025 /PRNewswire/ — In an era when blockchain companies are being tested for resilience and adaptability, Intchains Group Limited (Nasdaq: ICG) has taken a decisive step that could redefine its growth trajectory. The company’s acquisition of a Proof-of-Stake (PoS) technology platform from ECHOLINK Limited signals a deliberate move toward blockchain infrastructure and yield-driven digital asset management — areas expected to anchor the next phase of blockchain’s global expansion.

From Mining Volatility to Infrastructure Stability

Intchains built its foundation in altcoin mining hardware and Ethereum-based asset accumulation, but the mining business is inherently cyclical. Rising operational costs, hardware obsolescence, and market volatility have made consistent profitability difficult across the industry.

The newly announced acquisition — a $1.3 million purchase of a production-ready PoS platform supporting Ethereum (ETH), Avalanche (AVAX), Manta (MANTA), and Conflux (CFX) — reflects a strategic transition away from those headwinds.

The shift toward Proof-of-Stake is more than a technological pivot; it represents an economic realignment in blockchain itself. Staking rewards are earned through network participation rather than energy consumption, allowing firms to generate capital-based returns that scale with adoption rather than energy output. This makes staking one of the most sustainable and scalable models in blockchain finance today.

A Timely Entry into a Rapidly Expanding Market

The global PoS ecosystem has expanded substantially since Ethereum’s 2022 transition from mining to staking. Today, more than one-quarter of all ETH in circulation is staked, and institutional adoption continues to accelerate as staking yields become recognized as a low-volatility income source within crypto portfolios.

Market forecasts suggest that the total value of staked assets could exceed $40 billion by 2030, driven by broader adoption of decentralized finance (DeFi) and blockchain infrastructure.

By acquiring an operational PoS platform rather than developing one internally, Intchains gains immediate exposure to this market at minimal cost and time-to-market, providing leverage to one of blockchain’s most rapidly growing sectors.

Optimizing Treasury Assets for Recurring Yield

Intchains’ strategy extends beyond infrastructure ownership. The company intends to stake the majority of its Ethereum treasury holdings through the newly acquired PoS platform and its FalconX system.

Currently, approximately 1,000 ETH — or 11.3% of its total ETH holdings — are already staked, generating stable on-chain yield. Expanding this allocation could transform its treasury into a recurring revenue engine, producing consistent returns even during periods of market consolidation.

This approach mirrors strategies used by sophisticated digital asset funds — maximizing yield from long-term holdings while preserving exposure to potential appreciation. It’s a disciplined, data-driven use of balance-sheet assets that signals financial maturity rarely seen among smaller blockchain operators.

Deep Technical Foundation and Scalability Potential

According to the company, the acquired platform includes complete source code, backend and frontend infrastructure, operational frameworks, monitoring systems, and client relationships — providing not just a technological asset but a functional business unit.

This level of ownership enables Intchains to scale its services independently, without reliance on third-party validators. It also positions the company for potential expansion into staking-as-a-service, infrastructure management, and Web3 application deployment, all of which are high-margin extensions of the core staking model.

By combining mining experience, staking infrastructure, and application development, Intchains is quietly building a vertically integrated blockchain ecosystem — a model that could become increasingly valuable as the industry matures.

Balanced Risk Profile with Significant Upside

While competitive and regulatory challenges remain — particularly from major players like Lido, Coinbase Cloud, and Figment — Intchains’ measured acquisition cost and strong technical foundation provide a favorable risk-reward balance.

The company’s base in Singapore, a jurisdiction supportive of blockchain innovation and digital asset regulation, adds further strategic advantage. With limited downside exposure and exposure to rapidly expanding networks, Intchains’ move into PoS offers asymmetric growth potential if executed effectively.

Positioned for the Next Stage of Blockchain Evolution

From an analyst’s perspective, Intchains’ acquisition is not just an operational expansion but a strategic repositioning that could reshape its business model over the next several years.

It marks a transition from cyclical hardware sales to recurring, yield-generating blockchain infrastructure, while maintaining exposure to the long-term upside of Ethereum and other leading ecosystems.

If successfully integrated, Intchains could become one of the first publicly traded companies in Asia to operate across mining, staking, and Web3 application development — a combination that provides diversification, scalability, and resilience.

Conclusion: A Turning Point with Substantial Long-Term Potential

The blockchain sector is evolving toward sustainability, yield generation, and infrastructure reliability. Intchains’ timely pivot into Proof-of-Stake aligns with those macro trends, offering investors a potential early entry point into a company transitioning toward the most enduring segment of the crypto economy.

The move reflects strategic discipline rather than speculation — and positions Intchains for significant long-term value creation if execution aligns with vision.

Nearly One in Four Adults in Asia-Pacific – Around 535m People – Use Digital Assets, Driven by Stablecoins and Remittances, New Consensus Report Finds

By
Advertorial Desk
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HONG KONG and NEW YORK, Nov. 14, 2025 /PRNewswire/ — The APAC Digital Asset Adoption 2025: Stablecoins, Tokenization & Integration report, which surveyed more than 4,000 adults, finds that nearly one in four adults (24.3%) across the region use digital assets – significantly greater than the 16.9% global average1. The region is home to nearly six in ten of the world’s digital asset users, with awareness and optimism among the highest globally, according to the new report released from Consensus by CoinDesk ahead of the event’s return to Hong Kong (February 10-12, 2026).

Regulatory clarity has accelerated this shift. Many APAC markets now operate a virtual-asset service provider (VASP) licensing regime, though national trajectories vary widely. Thailand leads at 42% adoption for the second consecutive year, followed by the UAE2 (31%), South Korea (30%) and the Philippines (31%), with the latter being powered by a robust remittance ecosystem and a mobile-first economy. Singapore (28%) and Hong Kong (27%) show high familiarity but slower growth in new entrants, signaling market consolidation.

Digital asset usage in APAC has moved from investment asset to embedded financial infrastructure, driven by remittances, mobile-first finance and stablecoin transactions. More than nine in ten adults in the region are aware of cryptocurrency, and over half intend to use it within the next year, twice the proportion who already do. The constraint on further adoption is not demand but accessibility: the degree to which digital assets are usable and integrated into trusted financial systems that people utilize in their everyday financial lives.

Almost one in five adults across the region now also use stablecoins, but there is however a divide: adoption in emerging markets (17.8%) is roughly three times that of developed economies (5.8%). Thailand leads stablecoin adoption at 30%, followed by the UAE (26%) and Hong Kong (18%). Japan sits at 2% – the lowest in the study.

Remittances are helping drive adoption. 29% of remittance users now utilize stablecoins, representing an estimated $72B in annualized flows3. Adoption is strongest in emerging markets where friction is greatest. 58% of remitters in India, 44% in Thailand, and 38% in the UAE use stablecoin rails to bypass high fees and settlement delays. Corridors such as Singapore to China, and Thailand to the Philippines, are among the most active globally.

Michael Lau, Chairman of Consensus, commented: “APAC continues to shape the global digital economy, not only through innovation, but through its capacity to turn innovation into inclusion through tools they use in daily life. This year’s report captures that spirit: a region leading with pragmatism and purpose, where access is driving progress. At Consensus Hong Kong, industry leaders will share exactly how this happens: specific innovations, real trends, and proven models that are expanding financial access. Our goal is to foster the dialogue and partnerships needed to advance an open, accessible and sustainable financial future—starting here in APAC.”

You can find out more about the countries profiled in the report, as well as the themes and innovations driving their adoption, at Consensus Hong Kong 2026. These topics – as well as insights into factors that may support further adoption – will be explored by industry leaders, policymakers and financial institutions, at the most influential business event of the year.

The APAC Digital Asset Adoption 2025: Stablecoins, Tokenization & Integration report is available for download here.

To register for Consensus Hong Kong 2026, visit https://consensus-hongkong2026.coindesk.com/register/.

About Consensus
Consensus by CoinDesk is the world’s longest-running and most influential gathering for the future of finance, including crypto, blockchain and AI. Bringing together industry leaders, policymakers and innovators, it helps people understand the future of digital assets with discussions on key topics such as DeFi, Web3, AI, the evolving regulatory landscape and more. With a mix of panels, keynotes and networking opportunities, Consensus provides a platform to explore the latest trends shaping the digital economy. For more information about Consensus, please visit https://events.coindesk.com/

About CoinDesk
CoinDesk is the most trusted media, events, indices and data company for the global crypto economy. Since 2013, CoinDesk Media has led the story of the future of money and investing, illuminating the transformation in society and culture that comes with it. Our award-winning team of journalists delivers news and unparalleled insights that bring transparency, comprehension and context. CoinDesk gathers the global crypto, blockchain and Web3 communities at annual events such as Consensus, the world’s largest and longest-running crypto festival. In November 2023, CoinDesk was acquired by Bullish Group. CoinDesk operates as an independent subsidiary and abides by a strict set of editorial policies. For more information on CoinDesk media and events, please visit CoinDesk.com.

Forward-Looking Statements
This press release may include “forward-looking statements” relating to future events or the Bullish Group’s future financial or operating performance, business strategy, and potential market opportunity. Such forward-looking statements are based upon estimates and assumptions that, while considered reasonable by the Bullish Group, are inherently uncertain and are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. You should not place undue reliance on any such forward-looking statements, which speak only as of the date they are made, and the Bullish Group undertakes no duty to update these forward-looking statements.

1 Figures are calculated on the basis of internet-connected adults (18–64 years)
2 As with the 2024 report, the UAE was included as a comparator market given its advanced regulatory environment, high adoption rates, and relevance to cross-border crypto activity.
3 Artemis (2025) estimates more than $72 billion in annualized P2P and remittance-like stablecoin flows.

 

MVGX Named Among Top Finalists for the Sustainable Innovator Award at SFF 2025

By
Advertorial Desk
-

SINGAPORE, Nov. 14, 2025 /PRNewswire/ — MVGX Technologies Group (MVGX), a Singapore-based leader in sustainable technology and green finance, has been recognised as a top finalist in the Sustainable Innovator category at the FinTech Excellence Awards during the Singapore FinTech Festival (SFF) 2025, for its breakthroughs in digital carbon asset management and sustainable financial infrastructure.

MVGX Named Among Top Finalists for the Sustainable Innovator Award at SFF 2025
MVGX Named Among Top Finalists for the Sustainable Innovator Award at SFF 2025

Held from 12 to 14 November, the SFF is one of the world’s largest fintech events, bringing together innovative enterprises, investment institutions, and policymakers from across the globe. MVGX stood out among hundreds of global participants to become one of the top four finalists in the Sustainable Innovation category, underscoring its leadership in integrating technology and finance to accelerate decarbonisation.

MVGX was shortlisted for its self-developed Carbon Asset Trading and Footprint Framework, which combines blockchain and artificial intelligence to seamlessly connect carbon reduction data, digital carbon assets, and capital markets. This innovation establishes an intelligent, transparent, and verifiable infrastructure for green finance, enabling the digitalisation and financialisation of carbon credits and transforming them from static records into tradable, financeable, and transferable green assets; setting a new standard for next-generation green finance.

Through this framework, enterprises, cities, and project owners can put their verified carbon assets “on-chain” for real-time tracking and trustworthy verification. The system also allows for the tokenisation and fractionalisation of carbon credits, opening the door for small and medium-sized enterprises (SMEs) and individual investors to participate in the green economy. By lowering entry barriers and improving transparency, MVGX is helping make green investment more inclusive and accessible.

In addition to enabling participation, MVGX’s system also helps accelerate implementation. By working with reputable financial institutions, the framework facilitates pre-investment and early-stage financing for high-quality green projects, allowing project owners to obtain funding during the initial phases of construction. This model transforms verified carbon assets from potential value into tangible financial capital, realising the leap from “green assets” to “green funds” and accelerating the implementation of projects that drive measurable climate impact.

Collectively, these innovations demonstrate MVGX’s end-to-end approach to green finance, from the confirmation and verification of carbon-reduction outcomes to the digitalisation and financialisation of green assets, and finally to their compliant circulation and value sharing on a global scale. This not only opens up the channel between green projects and capital markets, but also provides cities, enterprises and individuals with a credible, open and participatory new ecosystem for green finance.

Reflecting on the company’s recognition, Lily Hong, Chief Executive Officer of MVGX Technologies said, “Our goal is to make green assets come alive, to make them traceable, tradable, and bring real returns. Through technological innovation, we hope that every tonne of carbon reduction will have value, every green action will be rewarded, and green finance will become a driving force for global sustainable development”.

Moving forward, MVGX will continue to advance innovation built on trust and transparency, working together with global partners to build a more transparent, inclusive, and sustainable future for green finance. Follow MVGX Tech on LinkedIn for more updates on its latest innovations, partnerships, and sustainability initiatives.

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About MVGX

MVGX Tech is a global leader in Sustainable AI and Green Finance Technology, specialising in three key areas: Green Asset Trading, Sustainable AI Services and Green Finance Solutions. By integrating expertise in artificial intelligence, sustainability and RWA-compliant green finance, MVGX provides end-to-end, internationally compliant solutions, from carbon tracking, reporting and compliance management to the integration of green assets into sustainable finance. Its mission is to empower organisations to accelerate their sustainability goals through technology-enabled transparency, trust and impact.

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