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Childpreneur Academy and Babington Education Announce Strategic Partnership to Expand Financial Literacy Education in the Greater Bay Area


HONG KONG SAR – Media OutReach Newswire – 6 August 2024 – Childpreneur Academy (Know Yourself Childpreneur Academy Limited) and Babington Education (Babington Education Organisation Limited) today announced a strategic partnership to jointly expand their financial literacy education and training business in the Greater Bay Area.

(Left) William Tse W.L., Corporate Consultant, Childpreneur Academy, (Middle) Sophia Man, Founder, Childpreneur Academy, (Right) Clifford Wan, Founder, Babington Education
(Left) William Tse W.L., Corporate Consultant, Childpreneur Academy, (Middle) Sophia Man, Founder, Childpreneur Academy, (Right) Clifford Wan, Founder, Babington Education

Childpreneur Academy, the Hong Kong-based financial education institute officially authorized by BCBS Brian Children’s Business School of Taiwan, has signed a strategic cooperation agreement with Babington Education, a leading English education provider. The two organizations will leverage their combined resources to drive the widespread adoption of financial literacy education.

“We believe that the ‘learn through play’ approach can help students master practical skills and build lasting memories,” said Sophia Man, Founder of Childpreneur Academy. “Our iMONEY financial literacy curriculum, recognized by Taiwan authorities and financial institutions, has trained over 100,000 students in the past decade.”

Childpreneur Academy’s award-winning financial literacy board game system will be integrated into Babington Education’s course offerings. This collaboration aims to instill the right financial values in children from an early age, establishing a solid foundation before they are exposed to investment tools.

“We are excited to work with Childpreneur Academy to bring their proven financial literacy education model to the Greater Bay Area,” said Clifford Wan, Founder of Babington Education. “By combining our resources and expertise, we are confident in our ability to make financial education accessible to a wider audience.”

The strategic partnership between Childpreneur Academy and Babington Education marks a significant step forward in promoting financial literacy among children and young adults in the region. Through engaging game-based learning and coaching-style guidance, the joint initiative will empower individuals of all ages to develop sound financial habits and decision-making skills.

Hashtag: #ChildpreneurAcademy #BabingtonEducation



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APAC Businesses Face Rising Tide of Sophisticated Fraud Amidst Calls for Greater Cross-Sector Collaboration

GBG’s Global Fraud Report surveyed over 500 fraud prevention professionals in the Asia-Pacific (APAC) region to reveal how they are fighting fraud

  • 97% of APAC respondents are worried about the trend towards more organised and widespread fraud, with 77% seeing a significant increase in fraud sophistication in the last 12 months.
  • An increase in various fraud types across the industries surveyed, especially impersonation of digital presence (41%), account takeovers (40%), bonus or promotion abuse (39%) and money-laundering and money mules (39%).


SINGAPORE – Media OutReach Newswire – 6 August 2024 – New research from GBG, the leading expert in global identity and location, has revealed almost all APAC businesses are worried about the more organised and widespread fraud. The findings are part of GBG’s new Global Fraud Report 2024, surveying businesses in Australia, New Zealand, Malaysia, Indonesia, Thailand and the Philippines in banking, eCommerce, financial services, FinTech, gaming, insurance, lending and telecommunications to gauge levels and types of fraud, how this is impacting businesses and how they are responding.

APAC fraud landscape

Against the backdrop of the increasingly sophisticated and organised fraud landscape, 70% of fraud prevention professionals have experienced an uptick in fraud attempts compared to the previous year, significantly more than EMEA (55%) and the United States (US) (48%). This is coupled by the prevalence of opportunistic and convenient fraud as a pertinent threat for almost two thirds (63%) of the respondents surveyed.

In terms of the financial risks, 11% shared that the average transactional value of attempted fraud attacks at their organisation is between US$35,000 to US$50,000.

What are the most concerning fraud vectors?

Fraud prevention professionals in the region recognise the evolution of GenAI as the most significant trend in identification verification and financial fraud in the next three to five years, with 35% in APAC that believe it is the most threatening, compared to 27% in EMEA and the US respectively.

This growing concern is due to a myriad of reasons. 27% perceived GenAI as a tool to create more convincing synthetic identities, with 26% believing that GenAI will increase the accuracy of fake ID documents and possess a strong influence on phishing and smishing.

Are businesses well prepared to fend off fraud?

Despite the emergence of new technologies including AI in enabling fraudsters to evolve their tactics, almost a fifth (19%) of fraud prevention professionals are not equipped with the right technologies to fight the advanced criminal networks that combine cybercrime, fraud, identity theft and money-laundering to execute end-to-end fraud.

This is exacerbated by the absence of risk signals at the top of their businesses’ funnel. 28% find understanding the latest fraud trends as their biggest challenge, and 27% indicated that identifying and stopping fraud at the point of customer onboarding is one of the biggest challenges, especially when balancing this need with a frictionless customer journey process.

Expectations versus reality of cross-border collaboration

Most fraud prevention professionals acknowledge cross-sector identity intelligence sharing and collaboration can be a strategic differentiator in beating fraud, with New Zealand (97%) and the Philippines (88%) leading the way. In fact, 81% of respondents are currently part of an identity intelligence consortium, which connect transactions taking place around the world and share international consumer intelligence between businesses, across sectors and national borders.

However, despite having such a strong desire, less than half are taking active steps to collectively combat fraud by participating in industry forums and knowledge exchange (47%), investing in tech solutions facilitating secure data exchange (46%), and partnering with law enforcement agencies for information sharing (46%).

Today, 83% of respondents surveyed believe organisations are too worried about maintaining a competitive advantage to participate in collaboration to combat fraud. On top of this, almost 4 in 5 (79%) believe global governments are not doing enough to support cross-sector collaboration.

Burnout is common for those fighting fraud

All respondents (100%) said they were losing sleep over the risks that fraud poses to their organisations, with verification of identity (46%) and insufficient resources (44%) identified as the top challenges that keep them up at night.

The heavy burden has also resulted in poorer mental well-being of fraud prevention professionals, with almost three quarters (70%) being victims of fraud themselves.

On the report, Carol Chris, General Manager, APAC at GBG, elaborated: “Our latest research paints a concerning picture of the fraud landscape in APAC. Businesses are not only facing a surge in fraud attempts, but these attacks are becoming more organised and complex due to technologies like Generative AI.”

“It is imperative that collaboration across industries comes to the fore to combat fraud, but we must first address the existing pain points. We urge businesses to move past competition and work together to out manoeuvre fraudsters. This will not only protect organisations but also offer critical support to the fraud prevention professionals on the frontline,” she added.

For more findings, and to download the full Global Fraud Report, please visit: https://hubs.ly/Q02HVSYq0

About the research

The research was conducted via online survey by Censuswide. Censuswide surveyed 520 CXOs, VPs, directors and managers in risk/fraud, operations and compliance roles between May 16 and 24 2024 in the following:

  • Sectors: Financial services (including superannuation), insurance, fintech (including payments and remittances), banking, lending, telecoms, eCommerce, gaming and wagering
  • Company Sizes (revenue): <£50m / £50m – £100m / £100M – £500m / £500m – £1bn / >£1bn
  • Countries: Australia (213), New Zealand (100), Malaysia (52), Indonesia (52), Thailand (52), Philippines (51)

Hashtag: #GBG #FraudDetection #IdentityVerification


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GBG Plc

GBG is the leading expert in global identity and location. In an increasingly digital world, GBG helps businesses grow by giving them intelligence to make the best decisions about their customers, when it matters most.

Every second, our global data, agile technology, and expert teams, power over 20,000 of the world’s best-known organisations to reach and trust their customers.

Learn more at and follow us on and .

Fujian Delegation Visits Saudi Arabia for Economic and Trade Exchanges

FUZHOU, CHINA – Media OutReach Newswire – 5 August 2024 – From August 1 to 3, the Delegation of Fujian visited Saudi Arabia.

The Delegation of Fujian had in-depth exchanges with officials from the Saudi Ministry of Energy, Ministry of Investment, Ministry of Media, and other relevant departments, and introduced the economic and social development of Fujian.

Zhou Zuyi, Secretary of Fujian Provincial Committee and Chairman of the Standing Committee of Fujian Provincial People’s Congress expressed that Fujian is willing to work with Saudi Arabia to implement the important consensus reached by the leaders of the two countries. Taking the high-quality joint construction of BRI as an opportunity, Fujian will deeply align with Saudi Arabia’s “Vision 2030” and carry out cooperation to achieve common development. Standing at a new starting point, it is necessary to further expand the scale of investment and trade cooperation, jointly guide and encourage enterprises from both sides to step up market development efforts, and carry out cooperation in industrial investment, infrastructure, high-tech, cross-border e-commerce, and other areas. Efforts will be made to further deepen the cooperation throughout the entire petrochemical industry chain, and promote the acceleration of the landing and construction of existing cooperation projects. We will further expand cooperation in new energy, digital economy, and other areas, to leverage the industrial advantages of both sides, and jointly cultivate new quality productive forces.

During this visit to Saudi Arabia, the Delegation of Fujian successively met and exchanged with the main persons in charge of companies such as the Saudi Basic Industries Corporation (SABIC), the Saudi International Electricity and Water Company, and the Saudi National Petroleum Company (Saudi Aramco), to further advance cooperation between the two sides and witness the signing of related projects. The heads of the enterprises expressed that they will always regard Fujian as an important strategic cooperation area, by increasing investment, expanding project layout, and promoting tangible results in various fields of cooperation.

Fujian is regarded as the eastern starting point of the ancient Maritime Silk Road and the core area of the 21st-Century Maritime Silk Road. Saudi Arabia is one of the earliest countries to actively participate in the “Belt and Road” Initiative(BRI). Although the two places are thousands of miles apart, the Silk Road has closely connected and brought them together.

Hashtag: #TheDelegationofFujian

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Hong Kong wraps up fruitful ASEAN visit


HONG KONG SAR – Media OutReach Newswire – 5 August 2024 – A high-level Hong Kong delegation, led by Chief Executive John Lee, has wrapped up a fruitful six-day visit to three Association of Southeast Asian Nations (ASEAN) member states, namely Laos, Cambodia and Vietnam (28 July – August 2, 2024).

Hong Kong's Chief Executive Mr John Lee (left) meets with the Deputy Secretary of the Ho Chi Minh City Party Committee, Mr Nguyen Ho Hai (right).
Hong Kong’s Chief Executive Mr John Lee (left) meets with the Deputy Secretary of the Ho Chi Minh City Party Committee, Mr Nguyen Ho Hai (right).

Adopting the theme of “Super-connecting New Pathways to Success”, Mr Lee said the visit had achieved its goals, including strengthening bilateral ties and enhancing government-to-government and business-to-business co-operation across various sectors.

A total of 55 memoranda of understanding (MOUs) were signed during the three-nation visit. They covered sectors ranging from economic co-operation, investment promotion, aviation services, information and technology, financial services and capital market development to trade, logistics co-operation, customs collaboration and education exchange.

Mr Lee also highlighted five key results from the trip, including strengthening government-to-government relations and communications; reaching consensus on areas of development and co-operation; laying a solid foundation for future collaboration between Hong Kong and ASEAN; enhancing a shared strong will to contribute to the Belt and Road Initiative; and confirming the three countries’ support for Hong Kong’s accession to the Regional Comprehensive Economic Partnership.

“We are very happy that the visit has reaped all these good results,” Mr Lee said. “But what is even more important is the goodwill that we have built, and the friendship that we have created and strengthened.”

In Ho Chi Minh City, Vietnam, which was the last stop of the visit, 22 MOUs were exchanged to promote co-operation between various institutions and enterprises.

Mr Lee also visited a garment manufacturer, which has its headquarters in Hong Kong, to learn more about the company’s business development experience in Vietnam.

Mr Lee (first right) visits a garment manufacturer in Vietnam headquartered in Hong Kong.
Mr Lee (first right) visits a garment manufacturer in Vietnam headquartered in Hong Kong.

Speaking at a business luncheon in Ho Chi Minh City, Mr Lee noted that Hong Kong had relaxed entrance visa requirements for Vietnam nationals wanting to visit Hong Kong. He also said that the MOUs would further boost tourism and education ties between Hong Kong and Vietnam.

Mr Lee speaks at a business luncheon in Vietnam co-organised by the Hong Kong Economic and Trade Office in Singapore and the Hong Kong Trade Development Council.
Mr Lee speaks at a business luncheon in Vietnam co-organised by the Hong Kong Economic and Trade Office in Singapore and the Hong Kong Trade Development Council.

“Two of our leading universities, the University of Hong Kong (HKU) and the Hong Kong Polytechnic University, are, respectively, signing MOUs with three universities and a leading secondary school in Ho Chi Minh City. The agreements will present scholarship opportunities in undergraduate and graduate programmes, and promote educational collaboration.” Mr Lee said.

HKU’s business school emphasised the advantages of pursuing a Master of Business Administration (MBA) in Hong Kong.

Dr Tuan Quang Phan (Director of the Representative Office of HKU in Vietnam and Associate Professor, HKU Business School) said, “Vietnamese business leaders are eager to learn more about doing business with their largest trading partner. Executives and students alike have shown keen interest in learning more about business opportunities in Hong Kong and Greater China.

“Consistently recognised as the most international university worldwide, HKU serves as a vital bridge between Hong Kong, Mainland China, Asia, and the global community. Notably, our MBA programme is also ranked as the top one-year MBA programme globally,” Dr Tuan said, adding that Hong Kong boasts a rich history of academic excellence, anchored by numerous research institutions and top-ranked universities.

“As a global financial hub and a key part of the Greater Bay Area (GBA), Hong Kong is ideally positioned to attract top talent in AI, technology, healthcare, and digital business,” Dr Tuan said. “The GBA, with its dynamic ecosystem, is emerging as a leader in global technology and healthcare sectors. Studying in Hong Kong, the central research hub of the GBA, places Vietnamese students at the forefront of both Western and Eastern technological advancements.”

Hashtag: #hongkong #brandhongkong #asiasworldcity #ASEAN #Laos #Cambodia #Vietnam #delegation #collaboration #business #exchange





Wechat: 香港 亚洲国际都会

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Laos to Digitize Citizenship Records, Prime Minister Says

Laos to Digitize Citizenship Records, Prime Minister Says
Lao Prime Minister Sonexay Siphandone makes an announcement (photo credit: Pasaxon News)

Prime Minister Sonexay Siphandone has announced plans to establish a new digital national database for citizen registration and identity card issuance, to enhance national security, governance, and administrative efficiency by streamlining the registration process.

Carlsberg Asia launches #CelebrateResponsibly across APAC in partnership with Grab, foodpanda and Meituan

The partnership will kick off in Q3 of 2024 during football campaign season, with a series of Responsible Drinking initiatives throughout the year to support responsible consumption


HONG KONG SAR – Media OutReach Newswire – 5 August 2024 – Carlsberg Asia is pleased to launch a regional responsible drinking campaign, #CelebrateResponsibly, in partnership with three of Asia’s major e-commerce platforms – Grab, foodpanda, and Meituan – transforming how consumers enjoy beer. This partnership is key to realising the brand’s vision of ZERO Irresponsible Drinking by leveraging Carlsberg’s and its partners’ brand voices and touchpoints to create a culture of responsible drinking. The aim is to discourage consumers from driving under the influence of alcohol and encourage them to make drinking occasions and beer moments safe and enjoyable. As the official beer sponsor of Liverpool Football Club (LFC) since 1992, Carlsberg will kick off this campaign during the football season to leverage this significant passion point to invite all drinkers to #CelebrateResponsibly.

Carlsberg Asia launches a series of Responsible Drinking initiatives in partnership with three of Asia’s major e-commerce platforms – Grab, foodpanda, and Meituan
Carlsberg Asia launches a series of Responsible Drinking initiatives in partnership with three of Asia’s major e-commerce platforms – Grab, foodpanda, and Meituan

“Carlsberg is delighted to partner with three of Asia’s leading e-commerce apps to deliver quality drinking experiences responsibly,” says Arindam Varanasi, Vice President, Commercial Asia, Carlsberg. “Through these strategic partnerships, we will make Carlsberg’s portfolio of brands easier and safer to access, expanding drinking moments for consumers in key markets across the region by emphasising the importance of celebrating responsibly.”

Expanding consumer experiences through #CelebrateResponsibly

Carlsberg will tap into the extensive ecosystem and hyperlocal insights of these partners who have a strong presence in Carlsberg’s APAC markets, with a significant overlap in consumer bases, to deliver the important message.

Through a promotional campaign with Grab, Carlsberg hopes to generate awareness of its ‘responsible drinking’ message through digital in-app activations targeting key Southeast Asian markets including Singapore, Cambodia, and Myanmar. Leveraging Grab’s multiple online to offline touchpoints, Carlsberg will encourage football fans across the region to book GrabCar rides to prioritise safety and responsible alcohol consumption. As part of this, consumers can enjoy discounted rides to best-known Carlsberg outlets or enjoy attractive offers on GrabMart to have their favourite Carlsberg beers delivered.

In Singapore and Hong Kong, Carlsberg Asia and foodpanda will tap on rider engagement activities and offer the refreshing 0.0% alcohol-free Carlsberg to delivery partners. This initiative not only emphasises Carlsberg’s commitment to providing alcohol-free and low-alcohol alternatives but also encourages responsible consumption. Additionally, Carlsberg will introduce an online sampling campaign, allowing consumers to redeem alcohol-free beer on pandamart, foodpanda’s online grocery store.

Carlsberg, in its partnership with Meituan, a tech-driven retail company in China, will further expand its reach and support other existing responsible drinking related efforts that are already being implemented in the country across a wide portfolio of brands. This collaboration will involve working closely with the destination governments, local districts, and merchants, leveraging the various ‘Meituan Districts’ or key high footfall commercial areas, to drive awareness around responsible drinking practices through public engagement events and activations. Carlsberg will launch a digital activation with Meituan’s food delivery cabinets, where users will have the opportunity to learn about these events by simply scanning a QR code, creating an interactive and convenient experience for consumers.

Stay tuned for future announcements about more exciting campaigns and activations under this partnership. For more information, please visit: https://www.carlsberggroup.com/

Hashtag: #CarlsbergAsia

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About Carlsberg

Established in 1847 by brewer J.C. Jacobsen, the Carlsberg Group is one of the leading brewery groups in the world, with an attractive portfolio of beer and other beverage brands. With over 30.000 employees, and with a presence in more than 125 markets, the Group has a purpose of brewing for a better today and tomorrow Doing business responsibly and sustainably supports that purpose – and drives the efforts to deliver value for shareholders and society.

Carlsberg Asia is a dynamic and diverse region comprising of 8 operating markets: Cambodia, China, Hong Kong S.A.R., Laos, Malaysia, Myanmar, Singapore and Vietnam. Altogether we have 34 breweries and some 12,000 employees spreading across the Asian markets. The Asia Regional Office is based in Hong Kong.

Crown Worldwide Group Hong Kong Wins Green Environmental Protection Award 2024


HONG KONG SAR – Media OutReach Newswire – 5 August 2024 – Crown Worldwide Group Hong Kong has been honored with the prestigious Master Insight ESG Achievement Awards 2024 in the category of ‘Green Environmental Protection’ for the second consecutive year. The award ceremony took place at the Hong Kong Exchange on July 29.

Crown Worldwide Group Hong Kong has won Green Environmental Protection Award at the ESG Achievement Awards 2024.
Crown Worldwide Group Hong Kong has won Green Environmental Protection Award at the ESG Achievement Awards 2024.

The ESG Achievement Awards celebrate sustainability across industries by acknowledging individuals and organizations that have demonstrated exceptional dedication to ESG (environmental, social, and governance) principles and a green vision in Hong Kong. The Awards recognized Crown Worldwide Group for its outstanding contributions in the realm of Green Environmental Protection within the private organization sector.

Over nearly six decades, we have always believed success extends beyond financial performance. It lies in our ability to make a meaningful and lasting difference in society and the world at large. Sustainability is at the heart of Crown’s business and is reflected in everything the company does, from managing operations to service offerings and forging partnerships with organizations that share the same vision.

Dennis Muldowney, Managing Director of Crown Worldwide Group Hong Kong, said during the Awards Presentation Ceremony, “This award acknowledges Crown Hong Kong’s longstanding dedication to sustainability and our ongoing initiatives to minimize our environmental footprint, support local communities, and uphold ethical business practices. We are committed to making a positive impact on the environment and the communities where we work and live, and we will continue to rise to the challenges ahead.”

Hashtag: #CrownWorldwide

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About Crown Worldwide Group

Crown Worldwide Group is a privately owned logistics company founded in 1965 and headquartered in Hong Kong. Committed to making it simpler to live, work and do business anywhere in the world.

The Group manages a broad portfolio of complementary brands, including Crown Workspace, Crown World Mobility, Crown Relocations, Crown Records Management, Crown Fine Art, Crown Logistics, Crown Wine Cellars and exXtra.

Discover Crown.

Study shows that basic polymers can be recycled up to 10 times

MOSCOW, RUSSIA – Media OutReach Newswire – 5 August 2024 – The Russian Chemists Union and the Chemical Industry Development Aid Fund have completed a large-scale study at Rosbiotech University on the quality of repeatedly recycled polymers. The study proved that, after being recycled as many as 10 times, these materials retain operational properties comparable to those of primary polymers.

The scientists involved in the study used extrusion, granulation, and grinding to simulate the secondary recycling of basic polymers. To assess the quality of the materials, they used comprehensive criteria comprising six indicators: molecular weight, breaking stress, relative elongation at break, oxygen-containing groups, yellowing, and melt flow.

The study helped establish the number of times polymers can be recycled. The experiments showed that high-density polyethylene (HDPE) and polyvinyl chloride (PVC) retain their operational properties after being recycled 10 times; low-density polyethylene (LDPE), 9 times; polypropylene (PP), 8 times; and polystyrene (PS), 5 times.

These results were obtained without using stabilizers – additives that protect polymers from degradation. The research confirmed that polymers offer excellent potential for use in a circular economy. According to experts, over 60% of the 5 million tonnes of plastic waste generated annually in Russia could potentially be recycled and used in the production of new products.

The Russian Chemists Union shared the findings of its study with the Russian government. The group proposed developing a methodology for recycling basic polymers and identifying areas where they could possibly be used. Advances in recycling will help reduce the environmental fees that polymer processors will have to pay in the future.

The Russian Chemists Union is a non-profit organization which includes companies in the chemical sector, industry researchers and educational institutes, as well as chemical unions and associations. Currently, the Union has about 600 enterprises and organizations as members.

Hashtag: #RussianChemistsUnion

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