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Huawei Cloud is ranked by Gartner® as 2nd in Thailand’s IaaS Market by revenue in 2024, AI Strategy Fuels Local Digital Transformation

BANGKOK, Nov. 12, 2025 /PRNewswire/ — Huawei Cloud today announced that it has been ranked second by revenue in Thailand’s Infrastructure as a Service (IaaS) market, according to the latest report from Gartner, which we believe solidified its position as one of the fastest-growing international cloud providers in the country. To us, this recognition coincides with a global brand refresh, introducing a new logo and the slogan “The AI Pioneer in Industries,” underscoring its commitment to empowering various sectors with AI technology.


Deepened Localization Strategy Drives Market Leadership

Adhering to its “In Local, For Local” strategy in Thailand, Huawei Cloud has strengthened its local infrastructure and service capabilities. It now operates 3 Availability Zones in Thailand, delivering high-reliability cloud services with latency as low as 12ms. Supported by a local team and ecosystem, Huawei Cloud serves over 1,000 Thai customers.

Huawei Cloud empowers Thai enterprises through its three core advantages: Security & Reliability, AI-Driven Evolution, and Localized Services. it offers more than 110 cloud services and solutions, encompassing infrastructure, AI technologies, and industry-specific large models. To date, it has supported digital transformation for over 40 government agencies in Thailand, including chatbot enhancements, AI knowledge base development, and training of local large language models. Its comprehensive solutions lower the barrier to cloud adoption and ensure compatibility with diverse IT environments. Furthermore, Huawei Cloud has cultivated a robust AI ecosystem, having trained more than 20,000 local developers.

Brand Evolution to “The AI Pioneer in Industries” Focuses on AI Innovation

The new brand positioning, “The AI Pioneer in Industries,” signifies a strategic focus on industry-specific AI. In Thailand, Huawei Cloud is leveraging its strengths in three key areas to accelerate intelligent transformation:


  1. Support for Mainstream Models, Strengthening the AI Foundation: Built on Ascend AI cloud services, Huawei Cloud supports leading open-source large models like DeepSeek, Qwen, and GLM, ensuring data security throughout its lifecycle. Its training environment boasts high stability, capable of supporting continuous training for up to 40 days and with a task recovery time of less than 10 minutes.
  2. Enterprise-Grade Agent Platform for Rapid AI Deployment: The Versatile Agent platform streamlines development, enabling users to create AI Agents in just two steps, improving efficiency and reducing response latency by over 40%. Integrated solutions are also available for SMEs.
  3. Proven Industry Expertise and Shared Experience: Huawei Cloud’s AI solutions have been successfully implemented globally across various sectors, including public services (Pangu Government), finance (Pangu Finance), industry (Pangu Predict), healthcare (Pangu Medical) and autonomous driving.

Executive Quote: Sustained Investment for Thailand’s Digital Future

Sunny Shang, President of Huawei Cloud APAC commented, “We are honored by Huawei Cloud’s progress in the Thai IaaS market. Our new slogan represents our pledge to bring cutting-edge AI capabilities to Thailand’s industries, helping them seize digital and intelligent opportunities. We will continue investing in local infrastructure, talent development, and ecosystem partnerships to build a thriving digital economy together.”

About Huawei Cloud
Huawei Cloud, a leading global cloud service provider, offers reliable, secure, and innovative cloud services to empower digital transformation for enterprises worldwide.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

 

Concordia Shanghai Students Win Gold at International iGEM Competition in Paris

SHANGHAI, Nov. 12, 2025 /PRNewswire/ — Concordia International School Shanghai’s high school iGEM team earned a Gold Medal at the prestigious 2025 International Genetically Engineered Machine (iGEM) Competition in Paris, the world’s premier synthetic biology event.

Concordia Shanghai students receive a Gold Medal at the 2025 iGEM competition in Paris.
Concordia Shanghai students receive a Gold Medal at the 2025 iGEM competition in Paris.

The team’s achievement was further recognized with a nomination for the “Best Environment Award” at the Grand Jamboree, held at the Paris Convention Centre. There, the students presented their innovative approach to tackling one of today’s most pressing environmental challenges: plastic waste.

Guided by Mr. David Doyle, Applied Learning Synthetic Biology teacher at Concordia Shanghai, 17 student researchers spent the past 10 months designing, building, and testing genetically engineered bacterial cells capable of converting plastic waste into valuable products. Their project, titled PURPLE (Plastic Upcycling, Reducing Pollution, Looping the Economy), offers an eco-friendly alternative to traditional recycling methods that avoids toxic byproducts and greenhouse gas emissions.

Demonstrating responsible scientific innovation, the team conducted a Life Cycle Analysis and dual-use risk assessments to ensure the safety and sustainability of their approach. They also developed a business plan for bringing their bio-based products to market and created an educational outreach program that makes synthetic biology accessible to high school students.

“All student research was conducted entirely on Concordia’s campus,” said Mr. Doyle. “The foundational pillars of our Applied Learning program—authentic application, academic rigor, and a focus on process skills—enabled our students to tackle real-world challenges with scientific excellence and creativity.”

One Concordia Grade 12 student reflected, “Attending the iGEM conference exposed me to the vast potential of synthetic biology and inspired me to pursue work that connects science to real-world application.”

This gold medal achievement highlights Concordia Shanghai’s leadership in innovative education. The school is one of the few in Asia to offer a comprehensive biotechnology program that empowers students to address global challenges through applied science.

About Concordia International School Shanghai

Founded in 1998, Concordia International School Shanghai is a co-educational day school that offers a comprehensive American-style education to students from Preschool through High School. Located in Jinqiao, an international community in Shanghai’s Pudong New Area, Concordia is dedicated to cultivating the unique gifts and passions of its students. Concordia’s approach focuses on nurturing every student through a journey of personal and academic growth, offering innovative academic programs, enriching extracurricular activities, and instilling strong character and values. The school is dedicated to helping each student achieve a bright and prosperous future of personal excellence.

 

Segway Powersports unveils the AT10 W MUD at EICMA 2025

MILAN, Nov. 12, 2025 /PRNewswire/ — Segway Powersports, a global innovator in intelligent off-road vehicles and connected riding systems, recently introduced the AT10 W MUD at EICMA 2025 in Milan. The new ATV is purpose-built for deep mud, wetlands, and forest trails, pairing high output performance with rider friendly intelligence to help hobbyists and professionals go farther in harsh conditions with greater control and confidence.


The AT10 W MUD features a 97 hp high-performance powertrain that delivers strong, immediate thrust, supported by a wide stance for stability, and 320 mm of ground clearance to clear roots and ledges. A standard 4,500 lb winch provides reliable extraction when a crossing is deeper than expected. The machine is configured for up to one meter of water wading, with intake routing, electrical protection, and drainage measures that support repeated immersion in mud and standing water.


Customizable components and accessories are able to be tailored for year-round use. Mud-focused tires and robust chassis geometry ensure traction and composure to support the riding experience. Users can also add a snowplow for winter operations, as well as underbody protection, a rear bumper, and cargo storage that increase durability and load flexibility for high-frequency and heavy-duty use. The optimized cooling layout is designed to reduce heat on the rider during long days, which improves comfort during extended work or recreational journeys.

Intelligence is a core part of the AT10 W MUD experience and all Segway Powersports products. Riders can connect to the Smart Moving App, enable navigation and communication, visualize progress with off-road map guidance, and pair Bluetooth audio headsets or helmet systems to stay contactable.

The AT10 W MUD is versatile, designed to excel across a wide range of user profiles. Landowners and forestry teams value its dependable power delivery and exceptional route flexibility. Weekend off-road enthusiasts can enjoy a fun time with confidence through deep mud and tight technical terrain, where it remains predictable and composed. For competitive riders, the AT10 W MUD is fine-tuned to maintain momentum through the sections where traction and visibility are hardest to hold.

Alongside the AT10 W MUD, Segway Powersports unveiled an expansive lineup at EICMA, featuring ATVs, utility and sport side-by-sides, and on-road products. The collection reflects the company’s focus on high-strength frames, refined powertrains, electronic power steering, and rider-centric software, underscoring Segway’s foundational technology for outdoor sport vehicles and its unique and cutting-edge products.

About Segway Powersports

Segway transformed micro-mobility in 1999 with the revolutionary Personal Transporter, igniting global curiosity about the future of personal transportation. With a mission of “Simply Moving,” Segway is dedicated to simplifying how people and goods move, improving efficiency and enhancing the overall experience of everyday life. For decades, Segway has continuously set new benchmarks in short-distance transportation and consumer robotics, constantly pushing the boundaries of innovation. Today Segway is pioneering the future of mobility with breakthrough technology, delivering innovative products that reaffirm the way we move.

Please visit https://powersports.segway.com.

 

FOMO Pay Supercharges Global Payments with J.P. Morgan Payments

SINGAPORE, Nov. 12, 2025 /PRNewswire/ — FOMO Pay, a leading Singapore-based payment institution, has collaborated with J.P. Morgan Payments to strengthen remittance and multi-currency payment solutions for corporate and institutional clients navigating complex treasury and settlement needs.

FOMO Pay Supercharges Global Payments with J.P. Morgan Payments
FOMO Pay Supercharges Global Payments with J.P. Morgan Payments

This strategic cooperation allows FOMO Pay to tap into J.P. Morgan Payments’ best-in-class global direct clearing network and advanced treasury infrastructure, unlocking faster, more secure domestic and cross-border transactions across a vast array of currencies. J.P. Morgan Payments combines treasury services, trade & working capital, card and merchant services capabilities to help clients pay their customers or employees, in different currencies, around the world. It processes more than $10 trillion payments daily, operating in over 160 countries and over 120 currencies, and is #1 in USD payments volume.

The collaboration also enables FOMO Pay to further the service offerings, including Payment-on-Behalf-Of (POBO) and Collection-on-Behalf-Of (COBO) capabilities, as well as Virtual Reference tools to streamline payer identification and reconciliation. These enhancements deliver greater operational flexibility and efficiency for their clients.

By integrating J.P. Morgan Payments’ world-class clearing expertise, foreign exchange, and multi-currency banking capabilities with FOMO Pay’s innovative digital payment infrastructure, the collaboration furthers FOMO Pay’s seamless global payment and collection solutions. This will help businesses thrive in an increasingly digital economy, enhancing their ability to manage payments and collections with speed, security, and precision.

About FOMO Pay

Founded in 2015, FOMO Pay is a Major Payment Institution licensed in Singapore, Hong Kong and the United Arab Emirates. The firm has become a leading one-stop digital payment, digital banking, and digital asset solution provider. It is currently building Asia’s fully licensed financial platform, helping institutions and businesses connect between traditional and next-generation financial services. The firm offers its three flagship products:

  • FOMO Payment – One-stop digital payment solution for merchants, corporates and financial institutions
  • FOMO iBank – Facilitate businesses’ everyday requirements for transactional banking needs
  • FOMO Treasury – One-stop digital asset services provider bridging Web 2.0 & Web 3.0

Visit www.fomopay.com for more information.

For media inquiries, contact marketing@fomopay.com.

1exchange and Dinari Partner to Empower Cross-Border Access to Tokenized US Securities

SINGAPORE, Nov. 12, 2025 /PRNewswire/ — 1exchange (“1X”), Asia’s leading regulated private market exchange for Real-World Assets (RWA) security tokens listing and trading, and Dinari, the leading provider of tokenized U.S. public equities and ETFs, today announced a strategic partnership to expand compliant, cross-border access to trading of tokenized US securities in a regulated marketplace.

1exchange and Dinari Partner to Empower Cross-Border Access to Tokenized US Securities
1exchange and Dinari Partner to Empower Cross-Border Access to Tokenized US Securities

RWA tokenization is reshaping global finance, but many issuers are faced with the challenge of connecting tokenized assets with investors through secure, compliant marketplaces. Dinari bridges this gap by providing compliant access to U.S. public equities while preserving shareholder rights through dShares™, tokenized representations of individual stocks held one to one with regulated custodians. This approach closely aligns with 1X’s vision of delivering global liquidity through compliant RWA token listing and secondary market trading.

1X, Singapore’s first MAS-licensed digital private markets exchange, provides an on-chain platform for fast and secure listing of RWA security tokens, along with a regulated secondary market that enables investors to trade with efficiency and confidence. The partnership with Dinari will provide seamless integration of its offering of nearly 200 stocks and ETFs to 1X investors. This partnership will also serve as a backbone for an end-to-end “Tokenization-Listing-Trading” ecosystem that provides key infrastructure to both issuers and investors.

“Partnering with Dinari helps us enrich our suite of high-quality RWA tokens with seamless access to trading on our regulated secondary market.” said Sheena Lim, CEO of 1exchange. “This partnership brings the best of Dinari and 1exchange together to streamline the process of RWA security token listing and trading, enhancing efficiency for issuers and expanding market access for investors.”

“The long-term success of tokenized markets depends on regulated venues that can bridge traditional and onchain systems,” said Gabe Otte, Co-Founder and CEO of Dinari. “1exchange operates within one of the world’s most established financial jurisdictions, and together we’re proving how compliant, transparent infrastructure can expand access to global markets while maintaining investor protections.”

About 1exchange

1exchange, a member of FOMO Group, is a leading exchange for Real-World Assets (RWA) security tokens and private listings, licensed by the Monetary Authority of Singapore (MAS). Offering full-stack on-chain infrastructure, the platform enables issuers to list enterprise-grade RWAs, while enabling investors to trade modern digital assets in a regulated secondary market, unlocking global liquidity.

Visit www.1x.exchange for more information. For media inquiries, please contact media@1x.exchange.

About Dinari Inc.

Dinari Inc. is the largest tokenized U.S. public securities provider, with a mission to enable investing in anything from anywhere through its compliance-first, blockchain-based tokenization technology. With Dinari Inc., neobanks, fintechs, and other financial services providers can offer their customers seamless access to U.S. public markets through Dinari’s fully-backed dShares™.

By tokenizing real-world equities at scale, Dinari Inc. provides global investors with seamless access to over 200 tokenized U.S. public stocks and financial assets. Turnkey integration and a focus on working with partners to navigate regulatory challenges make it easy for neobanks, fintechs, and other institutions to remain at the forefront of financial technology. Dinari Inc. has raised $22.65 million to date from leading investors including VanEck Ventures, Hack VC, F-Prime Capital, Blockchange Ventures, and Balaji Srinivasan.

Dinari Inc. is a Registered Transfer Agent with the United States Securities & Exchange Commission (Section 17A(c)). Dinari dShares are not currently available in certain jurisdictions as limited by law. Dinari Securities LLC is a wholly owned subsidiary of Dinari Inc., and is a separately registered broker-dealer, member FINRA/SIPC. Dinari Inc and Dinari Securities LLC are separate entities. Dinari Securities LLC does not issue, offer, or distribute dShares or tokenized securities.

Lao Man in Colorado Remains in ICE Custody Months After Requesting Deportation

Lao Man in Colorado Remains in ICE Custody Months After Requesting Deportation
Keooudone “Don” Phetchamphone takes a selfie (photo credit: CBS News)

Keooudone “Don” Phetchamphone, a 56-year-old Lao man in Colorado, remains in immigration detention months after requesting to return to Laos, highlighting delays in the deportation process, according to CBS News.

FXC Intelligence-SUNRATE White Paper Reveals How AI and Stablecoins Are Reshaping the Global B2B Payments Experience

SINGAPORE, Nov. 12, 2025 /PRNewswire/ — SUNRATE, the global payment and treasury management platform, today announced at the Singapore FinTech Festival 2025 the launch of its latest white paper, “AI and Stablecoins’ Transformation of the Global B2B Payments Experience“, developed in association with FXC Intelligence.

Authored by FXC Intelligence — the leading provider of cross-border payments data and intelligence — the report finds that business payments are entering the automation era, as artificial intelligence, stablecoins and blockchain infrastructure converge to redefine the payment experience for global businesses.

FXC Intelligence data projects the B2B cross-border payments market will reach USD 47.8 trillion by 2032, growing at a 5.3% CAGR, with services representing 27% of total flows.

While 2024 was arguably the peak year for hype surrounding AI in payments, 2025 has been the year the industry woke up to the stablecoin opportunity.

“Technologies are changing the B2B payments experience rapidly – but that doesn’t mean every existing payments technology is out,” said Paul Meng, Co-Founder and CEO, SUNRATE. “SUNRATE aims to integrate traditional and decentralised technologies under a trusted regulatory environment, delivering a unified global payment experience.”

“We’ve seen many hyped technologies over the years, but AI, stablecoins and blockchain are some of the very few that look set to have a lasting impact on cross-border payments,” added Daniel Webber, Founder and CEO, FXC Intelligence.

Key insights from the white paper

  • AI enters the “performance phase”

AI is no longer speculative — productivity lifts of 2x–3x are already being realised across treasury functions, risk functions and marketing. SUNRATE highlights the rise of AI agents that gather real-time product and corridor intelligence, reducing operational effort and creating consistency of information across the organisation.

  • Stablecoin adoption is accelerating — but uneven

Stablecoins now power cross-border flows in emerging markets in an “invisible” form. While fiat rails in G10 corridors could deliver near real-time settlement at ~0.01% cost, stablecoins unlock material benefits in higher-friction emerging markets.

  • Blockchain’s applications extend beyond currency

From on-chain KYC, to tokenised deposits issued by banks, to blockchain-based reconciliation — the broader ledger opportunity could eliminate month-end mismatches and deliver a single source of truth for payment lifecycle events.

The Intelligent Treasury: From Execution to Oversight

The future treasury is supervisory — not operational.

“Previously, receiving funds could take five to seven days in many markets,” said Jonathan Wang, Head of Corporate Development, SUNRATE. “T+1, T+0 or real-time settlement is now the baseline expectation — not a differentiator.”

The paper envisions CFOs instructing an AI assistant, which would choose infrastructure, negotiate FX conversions and relay confirmation of the transaction from a blockchain ledger within just a few minutes.

SUNRATE continues to shape global treasury innovation

SUNRATE empowers companies to operate in 190+ countries and regions through its cutting-edge proprietary platform, extensive global network, and robust APIs.

The white paper underscores SUNRATE’s ongoing investment in AI-driven payments infrastructure — and its blueprint for integrating traditional and digital payment technologies into a unified global finance stack.

The white paper “AI and Stablecoins’ Transformation of the Global B2B Payments Experience” is available for download here.

About SUNRATE

SUNRATE is a global payment and treasury management platform for businesses worldwide. Founded in 2016, SUNRATE has been recognised as a leading solution provider and has enabled companies to operate and scale both locally and globally in 190+ countries and regions with its cutting-edge proprietary platform, extensive global network, and robust APIs.

With its global business headquarters in Singapore and offices in Hong Kong, Jakarta, London, and Shanghai, SUNRATE partners with the top global financial institutions, such as Citibank, Standard Chartered, Barclays, J.P. Morgan. SUNRATE is also the principal member of Mastercard, Visa, and UPI. To learn more about SUNRATE, visit https://www.sunrate.com/

View the pdf document here

TAILG Showcases at the UN Climate Conference, Driving Global Low-Carbon Development

BELÉM, Brazil, Nov. 12, 2025 /PRNewswire/ — On November 10, the 30th United Nations Climate Change Conference (COP30) officially opened in Belém, Brazil. As a pioneer in long-range electric two-wheelers, TAILG was invited to the High-Level Forum on South-South Cooperation on Climate Change to present its Green and Low-Carbon Global Development Plan, contributing Chinese innovation to the global climate agenda.

TAILG President Yao Li was invited to attend COP30 and share the “TAILG Green and Low-Carbon Global Development Plan.”
TAILG President Yao Li was invited to attend COP30 and share the “TAILG Green and Low-Carbon Global Development Plan.”

COP30 is one of the world’s most influential platforms for climate governance, gathering delegates from nearly 200 countries, international organizations, and enterprises to explore solutions for climate challenges.

Innovative Evaluation System for Industry Transformation

At the conference, TAILG President Yao Li introduced the TAILG Green and Low-Carbon Development Plan, centered on the Smart E-Vehicle Green Assessment System. Using digital and AI technologies, the system covers the entire product lifecycle—manufacturing, usage, and recycling—to promote sustainable transformation in the e-mobility industry.

In manufacturing, TAILG is building a green system focusing on zero-carbon factories, low-carbon design, and sustainable supply chains, reducing emissions and energy consumption. During usage, it has developed digital mileage, battery, and energy management systems to encourage users’ participation in low-carbon travel. In recycling, TAILG is establishing eco-friendly recovery systems for batteries and vehicles to advance a circular economy.

The system is scheduled for full implementation by 2026, aiming to help the global electric two-wheeler industry achieve traceable, recyclable, and sustainable green growth within five years.

Advancing Global Green Mobility

Since its founding in 2003, TAILG has embedded low-carbon principles across R&D, manufacturing, supply chain, and service. Since signing an MoU with the United Nations Environment Programme (UNEP) in 2017, it has made significant progress: building two certified zero-carbon factories in Huizhou and Wuxi, and launching green mobility pilot projects in Kenya, Uganda, the Philippines, Vietnam, Thailand, and Malaysia.

In Africa, TAILG has developed solar-powered tricycles and the TK90 battery-swap series to address local energy shortages.

“Faith leads the way forward.” This belief drives TAILG’s long-term commitment to green development,” Yao emphasized. “As a global innovator in electric mobility, TAILG will continue to lead with technology, advancing a greener, smarter, and more inclusive future for all.”