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Octa’s oil outlook: Middle East tensions threaten global supply


KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 21 June 2025 – Crude oil, which is arguably the world’s most important commodity, is on everybody’s mind right now. The flared up conflict in the Middle East is increasing risks of a major oil supply shock, potentially pushing the price of ‘black gold’ into the stratosphere and completely derailing the global economy. In this article, Octa, a global retail broker, shares its expert opinion on the unfolding situation and outlines possible scenarios for the global oil market.

Octa Broker

As it often happens, the market started to price in the possibility of a new conflict in the Middle East well in advance. On 11 June, oil prices rose more than 4% after reports surfaced that the U.S. was preparing to evacuate its Iraqi embassy due to heightened security concerns in the region. Two days later, Israel and Iran exchanged airstrikes, pushing both Brent and West Texas Intermediate (WTI), the world’s two major oil benchmarks, to five-month highs as investors anticipated potential supply disruptions from an open conflict. To this day, the conflict continues without resolution and oil prices remain elevated even as there are some telltale signs that the parties may be willing to negotiate.

‘This burgeoning unrest introduces an unprecedented degree of volatility, significantly amplifying the specter of a catastrophic oil supply shock’, argues Kar Yong Ang, a financial market analyst at Octa broker, adding that the conflict between Israel and Iran ‘carries ominous potential to propel crude prices to unprecedented levels, thereby unleashing a cascade of detrimental effects that could, in the most dire of scenarios, cause a major global economic crisis’.

Indeed, the Middle East in general and Iran in particular play a pivotal role in global energy markets. A substantial portion of the world’s crude oil and liquified natural gas (LNG) is produced and exported in this region. Iran itself, despite the existing sanctions on exports, remains an important supplier of oil—notably, for China. Furthermore, a vast number of ships carrying crude oil and LNG transit through the Strait of Hormuz, a narrow yet vital chokepoint that Iran has repeatedly threatened to close. Should Iran act on this threat and block the strait, the repercussions would be quite severe, likely pushing global crude oil prices well above $100 per barrel, or even higher, due to the significant disruption of supply.

Technically, if we look at a broader, long-term picture, WTI crude oil seems to be moving sideways with a minor bearish tilt. On a daily chart (see below), the price still has not escaped from the bearish parallel channel. However, due to the latest geopolitical news, the price has managed to rise above the 200-day moving average (MA) and seems poised to break above the critically important 77.60-78.00 area.

‘Breaching the $80 handle should not be difficult if the current situation deteriorates sharply’, says Kar Yong Ang. ‘Continuing destruction of oil infrastructure in Iran, potential U.S. involvement in the war, countries’ unwillingness to negotiate and, above all else, Iran’s attempts to block the Strait of Hormuz, all of this will have a bullish impact on prices’. Indeed, a break above 80 level, would open the way towards 83.40, 85.20, 87.30, and 90.00 area.

Alternatively, in case the hostilities moderate somewhat, other countries—particularly the U.S.—refrain from directly participating in the conflict, and both Israel and Iran express willingness to negotiate, bearish sentiment will immediately kick in. ‘I think WTI oil may lose as much as 5 dollars per barrel in the blink of an eye should we see some progress in nuclear negotiations between Europeans and Iranians, which are due to commence in Geneva this Friday’, concludes Kar Yong Ang. In this scenario, a break below 71.50 level would allow bears to target 67.80, 64.80 and 61.70.

Overall, WTI crude price is now stuck in a broad range between $70 and $80. The move above and below these two levels will essentially indicate if the situation in the region is getting worse or is getting better. The chart below shows potential bullish and bearish targets, marked in green and red, respectively.

NYMEX light sweet crude oil (WTI) daily chart
Source: TradingView, Octa analysis and calculations
Source: TradingView, Octa analysis and calculations

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Disclaimer: This press release does not contain or constitute investment advice or recommendations and does not consider your investment objectives, financial situation, or needs. Any actions taken based on this content are at your sole discretion and risk—Octa does not accept any liability for any resulting losses or consequences.
Hashtag: #Octa

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

Octa

is an international CFD broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.
The company is involved in a comprehensive network of charitable and humanitarian initiatives, including improving educational infrastructure and funding short-notice relief projects to support local communities.

In Southeast Asia, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.

Galaxy Macau Celebrates an Array of Award Wins Ranking it Macau’s Most-Awarded Luxury Resort

Travel + Leisure Luxury Awards Asia Pacific 2025 and Tatler Best Hong Kong and Macau Awards 2025 Recognise Galaxy Macau with Top Honours


MACAU SAR – Media OutReach Newswire – 20 June 2025 – Galaxy Macau™ (“Galaxy Macau”) the World-class Luxury Resort, celebrates a glittering array of award wins in the Travel + Leisure Luxury Awards Asia Pacific 2025, and the Tatler Best Hong Kong and Macau Awards 2025.

Galaxy Hotel secured the No. 1 ranking within the “Best Hotels in Macau” category.
Galaxy Hotel secured the No. 1 ranking within the “Best Hotels in Macau” category.
Galaxy Macau has received multiple accolades at the Travel + Leisure Luxury Awards Asia Pacific 2025. With Galaxy Macau garnering a total of 20 awards at the Tatler Best Hong Kong and Macau Awards 2025 in a standout show of industry recognition.
Galaxy Macau has received multiple accolades at the Travel + Leisure Luxury Awards Asia Pacific 2025. With Galaxy Macau garnering a total of 20 awards at the Tatler Best Hong Kong and Macau Awards 2025 in a standout show of industry recognition.

Galaxy Macau and four of its distinguished hotels, including Galaxy Hotel™; Banyan Tree Macau; Andaz Macau and Raffles at Galaxy Macau, have been recognized across five award categories in the Travel + Leisure Luxury Awards Asia Pacific 2025, as a testament to exceptional hospitality, unparalleled design, and unforgettable guest experiences.

The editors, expert contributors and readers at Travel + Leisure, were generous in their praise, bestowing a suite of top honours. With Galaxy Hotel crowned the “Best Hotel in Macau”, reaffirming its dedication to best-in-class excellence, Banyan Tree Spa Macau secured the top spot for the “Hotel Spas in Macau” category for the third consecutive year. With Ms. Joanne Chan of Banyan Tree Macau, ranked best-in-class in the “Hotel General Managers of the Year” category for her standout dedication to guest experience.

Banyan Tree Spa Macau took home the winner’s title in the “Best Hotel Spas in Macau” category for the third year running.
Banyan Tree Spa Macau took home the winner’s title in the “Best Hotel Spas in Macau” category for the third year running.
Andaz Macau triumphed among the “Best Hotels in Macau”, setting a new benchmark for luxury and service excellence.
Andaz Macau triumphed among the “Best Hotels in Macau”, setting a new benchmark for luxury and service excellence.

The Grand Resort Deck at Galaxy Macau, home to the world’s longest Skytop Aquatic Adventure River Ride and the world’s largest Skytop Wave Pool, led the way for “Best Hotel Pools” in Macau, reinforcing its leading positioning as the ultimate resort experience in Macau. The stunning pools at Banyan Tree Macau and Raffles at Galaxy Macau also ranked within the top ten on the esteemed list.

The Grand Resort Deck at Galaxy Macau won out, clinching the top spot within the “Best Hotel Pools” in the city category.
The Grand Resort Deck at Galaxy Macau won out, clinching the top spot within the “Best Hotel Pools” in the city category.
Banyan Tree Macau also proudly secured its place in the winners’ list among the “Best Hotels in Macau”.
Banyan Tree Macau also proudly secured its place in the winners’ list among the “Best Hotels in Macau”.

Not to be outdone, Andaz Macau shone brightly as one of the “Best Hotels in Macau” for the second year in a row; with Banyan Tree Macau securing a place on the winner’s list for “Best Hotels in Macau.”

Galaxy Macau continued its winning streak, topping four of the five categories in the Travel + Leisure Luxury Awards Asia Pacific 2025 in a testament to exceptional hospitality, design, and guest experience; ranking as the successive “Best Integrated Resort in Asia Pacific.”

These prestigious awards underscore Galaxy Macau’s dedication to offering unparalleled luxury and world-class experiences to travelers seeking unforgettable guest experiences that are recognised as second to none.

“We are truly honored to receive these awards from the Travel + Leisure Luxury Awards Asia Pacific 2025 and Tatler Best Hong Kong and Macau Awards 2025,” said Kevin Kelley, Chief Operating Officer (Macau) at Galaxy Entertainment Group. To receive such a raft of accolades is a firm nod to the quality and considered level of impactful hospitality we strive for. The editors, expert contributors and readers at Travel + Leisure were generous in their praise, bestowing on Galaxy Macau a suite of top honors. The expert industry judges at the Tatler Best Hong Kong and Macau Awards 2025 recognised the best-in-class excellence of our restaurants, bars, hotels and teams at Galaxy Macau, as well as StarWorld, with a long list of awards. Our commitment to delivering exceptional luxury service continues apace, as we strive to support the Macau SAR Government’s goal of positioning Macau as Asia’s leading global tourism and leisure destination.”

As Galaxy Macau continues to set new benchmarks in hospitality, these accolades reaffirm its position as Asia’s leading luxury resort for discerning travellers seeking the finest, best-in-class accommodation, dining, and entertainment; all in one unparalleled destination.

For more information, visit [Galaxy Macau’s official website] (https://www.galaxymacau.com/awards/)
Hashtag: #GalaxyMacau

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

ABOUT GALAXY MACAU INTEGRATED RESORT

Galaxy Macau™, The World-class Luxury Integrated Resort delivers the “Most Spectacular Entertainment and Leisure Destination in the World”. Developed at an investment of HK$43 billion, the property covers 1.1 million-square-meter of unique entertainment and leisure attractions that are unlike anything else in Macau. Eight award-winning world-class luxury hotels provide close to 5,000 rooms, suites and villas. They include Banyan Tree Macau, Galaxy Hotel™, Hotel Okura Macau, JW Marriott Hotel Macau, The Ritz-Carlton, Macau, Broadway Hotel, Raffles at Galaxy Macau, Andaz Macau. Unique to Galaxy Macau, the 75,000-square-meter Grand Resort Deck features the world’s longest Skytop Adventure Rapids at 575-meters, the largest Skytop Wave Pool with waves up to 1.5-meters high and 150-meters pristine white sand beach. Two five-star spas from Banyan Tree Spa Macau and The Ritz- Carlton Spa, Macau help guests relax and rejuvenate.

As the dining destination in Asia, Galaxy Macau offers a wide variety of gastronomic delights, exquisite experiences and ingredients of the finest quality with over 120 dining options from Michelin dining to authentic delicacies; Galaxy Promenade is the hottest shopping destination featuring the latest in fashion and curated experiences in Macau. Spanning over 100,000-square-meter, luxury flagship stores, lifestyle boutiques and our selection of labels are among the more than 200 world-renowned brands for a world-class shopping journey; Galaxy Cinemas, immersive thrills and luxurious comfort go hand in hand at Galaxy Cinemas. All 10 theaters are equipped with the latest audio-visual technology; CHINA ROUGE, one-of-a-kind deluxe lounge that evokes the glitz and glamor of Shanghai’s golden era with entertainment in luxury and style; and Foot Hub presents the traditional art of reflexology to make you feel more relaxed and revitalized. For Authentic Macau Flavours & Vibrant Asian Experiences, Broadway Macau – just a 90-second walk via a bridge from Galaxy Macau, has over 35 Authentic Macau & Asian Flavours at its Broadway Food Street. The 2,500-seat Broadway Theatre plays host to world-class entertainers and a diverse array of cultural events. Meeting, incentive and banquet groups are also well looked after with a portfolio of unique venues in Galaxy Macau and a professional service staff.

Galaxy International Convention Center (GICC) is the latest addition to the Group’s ever-expanding integrated resort precinct and will usher in a new era for the MICE industry in Macau. GICC is a world- class event venue featuring 40,000-square-meter of total flexible MICE, and a 16,000-seat Galaxy Arena – the largest indoor arena in Macau.

For more details, please visit and

The VinFast VF 6 Passes the Wife Test with Room to Spare


MANILA, PHILIPPINES – Media OutReach Newswire – 20 June 2025 – Women usually play an important role in family car-buying decisions, and the VinFast VF 6, recently launched in the Philippines, meets the key priorities of many women buyers.

Photo

The old stereotype paints a familiar picture: men kick tires, debate horsepower, and make the final call on family cars. Reality tells a different story. According to CDK Global, women influence 85% of all car purchases.

This insight means that women play an important, sometimes deciding, role in buying a car. It’s essential for automakers to understand what women actually look for in a vehicle.

The way women make decisions

The numbers reveal how women approach car buying. Women spend more time researching their options. On average, they take 75 days to make a decision, compared to 63 days for men. This suggests that they usually do more thorough research to build knowledge prior to the purchase.

Their priorities are also different from men’s when shopping for cars. An iSeeCars.com survey of over 500,000 car inquiries showed that women focus on price, affordability, and practical features, while performance specs and brand prestige rank lower. The cars men wanted cost three times more on average than what satisfied women buyers.

This kind of thinking reflects the many roles women juggle every day: caregivers, professionals, and budget managers, often all at once. A MasterCard study across 16 Asian countries found women managing household finances in half the markets surveyed. In Indonesia and the Philippines, over 56% of women control domestic spending decisions.

A more recent survey by Women’s World Car of the Year gave a further breakdown. Safety ranks as the single most important feature women seek. Practicality, performance, and space tie for second place. But safety isn’t just about crash ratings.

Women want backup cameras, blind spot monitoring, and multiple airbags. They value high seating positions for better visibility. Storage pockets, cupholders, and intuitive technology matter for daily convenience. Many also weigh emissions and fuel efficiency, choosing greener options when the situation allows.

VinFast VF 6 ticks all the boxes

The VinFast VF 6, a compact SUV recently launched in the Philippines, happens to tick all the boxes that matter most to women car buyers. It’s a fully electric SUV in the popular B-segment, combining safety, practicality, and smart technology in a package built for real-world use.

In the Philippines, the VF 6 is available in two trims: Eco and Plus, with MSRPs of 1,419,000 PHP and 1,610,000 PHP respectively.

The “Natural Opposites” design, created with Torino Design, balances function and form. But looks aren’t the selling point. It’s the way the VF 6 fits into everyday life.

With a 2,730 mm wheelbase, the VF 6 remains compact enough for narrow city streets while offering interior space comparable to many larger gas-powered cars in the C-segment. Its 423-liter cargo capacity fits around 10 standard carry-on suitcases. Folding down the rear seats makes room for larger items such as bicycles or camping gear.

Inside, the VF 6 features a 12.9-inch infotainment screen, dual-zone climate control, rain-sensing wipers, and an 8-way power driver’s seat. Voice commands operate smoothly. Utility modes cater to daily needs, including Pet Mode, which keeps the cabin cool for animals when the driver steps away. The 360-degree camera view also makes parking in tight spots easier.

For safety, the VF 6 includes up to 8 airbags and offers up to 19 advanced driver assistance features in the Plus version. These include blind spot detection, rear parking assist, and 360-degree camera views, making driving easier for newer drivers.

The VF 6’s practicality extends to finances. Owners get free charging at V-GREEN operated stations until May 1st, 2027, which eliminates fuel costs entirely. The 7-year warranty and 90% buyback guarantee provide long-term security.

Range anxiety disappears with up to 480 kilometers per charge, handling both daily commutes and weekend trips without compromise.

“Women hold up half the sky”, so it’s only natural that they should shape what families drive on the road. And the VF 6 happens to align perfectly with this shift toward practical buyers.

In this era, automakers can’t rely on dated assumptions. They need to meet people where they are, starting with the ones making the decisions. The VF 6 offers practical features, safety, and financial sense. That’s what many buyers want, and that’s how trust is earned.

Hashtag: #VinFast

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

NIA Invites You to Countdown to “SITE 2025” Southeast Asia’s Largest Innovation and Startup Expo, uniting 10 Countries and Over 100 Organizations to Drive Global Innovation Collaboration


BANGKOK, THAILAND – Media OutReach Newswire – 20 June 2025 – The National Innovation Agency (Public Organization) or NIA, under the Ministry of Higher Education, Science, Research and Innovation, has announced its readiness to host the Startup x Innovation Thailand Expo 2025 (SITE 2025) under the theme: “Global Innovation Partnership – AI & Sustainability: The Next Era of Innovation,” to be held from July 4–6, 2025, at Paragon Hall, 5th Floor, Siam Paragon. This year marks a significant milestone as SITE evolves into a truly regional platform for innovation. Thailand is positioning itself as a Global Innovation Collaboration Hub, uniting the strength of 10 leading partner countries: Japan, South Korea, Hong Kong, Singapore, Czech Republic, Hungary, Finland, Switzerland, Qatar, and Chile—spanning Asia, Europe, the Middle East, and Latin America. In addition, over 100 organizations will participate, including 20 international agencies, 12+ leading private-sector companies, 7 professional associations, and 50 universities from across Thailand.

IMG 0419

“More Than an Expo – A Global Collaboration Platform”

Dr. Krithpaka Boonfueng, Executive Director of NIA, stated:

“SITE 2025 is more than an expo—it’s a platform where meaningful global collaboration takes place with depth, inclusivity, and a shared purpose. With AI and sustainability at the core of the global economy, our goal is to drive real-world impact across business, investment, and innovation policy.”

The 2025 edition of SITE will feature more than 30 seminars, covering the full spectrum of global innovation across three major stages: Main Stage – the “heart” of the event, where international thought leaders will share visionary insights and the latest trends in AI, sustainability, and cross-border collaboration. Global Stage – in-depth policy and strategy sessions exploring opportunities, challenges, and pathways to bring innovation to the global market. Pitch Stage – a dedicated arena for Thai and international startups to pitch their ideas, promote technologies, and scale their ventures in front of global investors.

Highlights: From Global Policy to Groundbreaking Pitches

One of the major highlights on the Pitch Stage will be the National Pitching Startup Thailand League 2025, alongside the 100 Startup Pitching showcase, featuring cutting-edge technologies such as AI, Deep Tech, and sustainability-driven innovation.

The expo will also include exhibitions from over 300 startups and leading innovation organizations, presenting real products, prototypes, and market-ready solutions. More than 30 Business Matching sessions will be held to facilitate direct connections between entrepreneurs, investors, technology owners, and partners from both Thailand and abroad. The Prime Minister Awards, a prestigious national honor, will recognize organizations, startups, and collaborations that have created significant and measurable impact both nationally and internationally.

Dr. Krithpaka concluded: “NIA invites everyone with a creative spirit—innovators, investors, entrepreneurs, students, or those seeking new opportunities—to be part of SITE 2025. This is a platform to connect with global players, update on future trends, and create meaningful change together. It’s also a critical opportunity to help drive Thailand forward in alignment with the ‘Groom – Grant – Growth – Global’ strategy.” The 30+ Business Matching rounds are designed to help entrepreneurs meet with investors and technology owners in a targeted and impactful way.

Special Panel at the Press Conference: “Accelerating Innovation Through Global Partnerships” This session highlighted cross-sector collaboration driving Thai innovation to the global stage. From the government perspective, Mr. Pariwat Wongsamran, Deputy Executive Director of Innovation System at NIA, said: “Innovation today knows no national borders. What NIA is doing is not just about giving opportunities to entrepreneurs—it’s about laying the foundation for an ecosystem that connects Thailand to the world in a tangible way. Through partnerships in Europe and Asia, we’re not only focusing on current innovations but also building infrastructure to support long-term growth so that Thai startups can scale more sustainably.” Ms. Salinee Phonprapai, Deputy Director-General of the Department of International Economic Affairs, added: “Innovation is now a key engine driving Thailand’s economy. The Ministry of Foreign Affairs is pushing Thai startups onto the global stage through a network of 98 embassies and consulates worldwide. We’re also working with partners like NIA, BOI, EEC, depa, and the Department of Trade Negotiations to promote investment, open new markets, and facilitate trade deals. In addition, visa policies are being introduced to attract global talent to enhance Thailand’s innovation ecosystem.”

On the private sector and innovation business side, Mr.Thanapong Na Ranong, President of the Thai Venture Capital Association (TVCA), emphasized: “Global partnership is the heart of modern investment. It increases business expansion opportunities and leads to higher value exits, particularly in hot sectors like AI and Deep Tech, which are drawing attention from global investors. Today’s investors are looking for startups that can truly connect to the global network.” Mr. Thanawit Tonkanya, President of the Thai Startup Association (TSA), said: “Thai startups must dream big, embrace international perspectives, and develop pitch skills that appeal to investors. SITE 2025 is a real-world arena for testing, connecting, and growing global networks.”

“Be part of the global change! and connect with innovators, creators, and investors shaping the future at SITE 2025.” The event will take place from July 4–6, 2025, at Paragon Hall, 5th Floor, Siam Paragon.

Free entry! Register at: https://site.nia.or.th

For more updates, follow on Facebook: NIA – National Innovation Agency Thailand, and Startup Thailand

Hashtag: #NIA #SITE2025 #StartupThailand #InnovationThailand #DeepTech #AI #Sustainability #GlobalInnovationPartnership

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

Prudential plc CEO Expresses Strategic Commitment to India in Meeting with Union Finance Minister Nirmala Sitharaman

Anil Wadhwani highlights Prudential’s historic ties, its proposed new health insurance joint venture partnership with the HCL Group, existing joint venture partnership with ICICI, Prudential’s Global Capability Centre, and alignment with India’s “Insurance for All by 2047” vision


NEW DELHI, INDIA – Media OutReach Newswire – 20 June 2025 – Prudential plc (“Prudential”) Chief Executive Officer, Anil Wadhwani, met yesterday with Smt. Nirmala Sitharaman, Union Minister for Finance and Corporate Affairs, Government of India, emphasising India’s strategic importance to the UK FTSE100 insurer and asset manager operating across Asia and Africa.

Centre Left: Smt. Nirmala Sitharaman, Union Minister for Finance and Corporate Affairs, Government of India; Centre Right: Anil Wadhwani, Chief Executive Officer, Prudential plc
Centre Left: Smt. Nirmala Sitharaman, Union Minister for Finance and Corporate Affairs, Government of India; Centre Right: Anil Wadhwani, Chief Executive Officer, Prudential plc

Prudential provides life insurance solutions in India through ICICI Prudential Life Insurance Company Limited, a preeminent life insurer and the first private insurance company listed in India. It also has a market-leading asset management presence via a separate joint venture with ICICI Bank, ICICI Prudential Asset Management Co. Ltd. Earlier this year, Prudential announced plans to establish a standalone health insurance joint venture with Vama Sundari Investments (Delhi) Private Limited, a promoter company of the HCL Group.

During the meeting, Mr. Anil Wadhwani remarked: “We are deeply proud of our heritage in India, which began with our first branch in Kolkata in 1923. India is a core strategic market for Prudential. As the country advances towards its vision of ‘Insurance for All’ and continues to address the challenge of underinsurance, we see significant opportunities to bring our global expertise in protection, savings, and health solutions to serve the evolving needs of Indian consumers. Our long-standing connection with India, including our sponsorship of the historic 1983 Cricket World Cup, India’s first World Cup victory, reflects our commitment to its growth and aspirations.”

Highlighting health as a shared strategic priority, Mr. Wadhwani conveyed the company’s commitment to leveraging its global expertise and technology to help Indian consumers access affordable and quality healthcare coverage. This aligns with the Government of India’s vision of “Insurance for All by 2047”.

India is not only a key strategic insurance market but also an incredible source of talent. Prudential recently launched a Global Capability Centre in Bengaluru. This strategic hub serves as a global centre for technology, AI, data analytics, cybersecurity, and innovation.

Concluding the meeting, Mr. Wadhwani said: “India’s economic progress over the past decade has been remarkable. With sustained capital investment in infrastructure and proactive government economic measures to stimulate growth, we remain excited about India’s long term growth prospects. We look forward to continuing our constructive collaboration with the Indian government to support its development goals and to build enduring insurance and technology businesses.”

During the visit, Mr. Wadhwani also met with senior officials from the Department for Promotion of Industry and Internal Trade (DPIIT) and the Prime Minister’s Office.

On X: https://x.com/nsitharamanoffc/status/1935639992123965911?s=48
Hashtag: #Insurance #Business #Prudential

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

Background on Prudential in India

Prudential has over 100 years of history in India. It has offered life insurance solutions in India since the 2001 establishment of ICICI Prudential Life Insurance Company Limited, a joint venture with ICICI Bank, and it has consistently been amongst the top companies in the Indian life insurance sector. ICICI Prudential Life is also the first insurance company in India to be listed on both the National Stock Exchange and Bombay Stock Exchange. Prudential also has a longstanding partnership with ICICI in ICICI Prudential Asset Management Company, one of India’s largest asset management firms, through its asset management business Eastspring Investments. Prudential proudly sponsored the historic 1983 Cricket World Cup, a landmark moment when India lifted the trophy and inspired generations.

About Prudential plc

Prudential plc (UK) provides life and health insurance and asset management in 24 markets across Asia and Africa. Prudential’s mission is to be the most trusted partner and protector for this generation and generations to come, by providing simple and accessible financial and health solutions. The business has dual primary listings on the Stock Exchange of Hong Kong (2378) and the London Stock Exchange (PRU). It also has a secondary listing on the Singapore Stock Exchange (K6S) and a listing on the New York Stock Exchange (PUK) in the form of American Depositary Receipts.

Prudential plc (UK) is not affiliated in any manner with Prudential Financial, Inc. a company whose principal place of business is in the United States of America, nor with The Prudential Assurance Company Limited, a subsidiary of M&G plc, a company incorporated in the United Kingdom.

Fieldnotes Celebrates Second Anniversary with New Store in Raffles City and Limited-Edition Collection


SINGAPORE – Media OutReach Newswire – 20 June 2025 – Homegrown bakery Fieldnotes celebrates its second anniversary this June with the opening of a new cake shop at Raffles City and the launch of a limited-edition merchandise collection. This marks the brand’s fourth location in Singapore—and its first in the Central Business District (CBD)—extending Fieldnotes’ presence from residential neighbourhoods to the city centre.

Fieldnotes

Expansion to Raffles City and New Dine-In Concept

Founded in 2023, Fieldnotes began as a boutique cake brand inspired by botanical aesthetics, subtle natural flavours, and a desire to offer quality cakes in Singapore that cater to everyday enjoyment rather than just special occasions. Over the past two years, it has expanded from a single location into a recognisable name among Singapore’s lifestyle-conscious dessert enthusiasts.

With the new cake shop opening in Raffles City, the brand aims to reach working professionals and city shoppers looking for desserts to share at the office or bring home. The outlet will also feature design elements that reflect Fieldnotes’ connection to nature, including plant installations, stucco walls, and textured finishes. The choice of interior design aligns with the brand’s intention to create a calm, organic atmosphere amid the city’s hustle and bustle.

“This expansion reflects our commitment to reaching more parts of Singapore and sharing our cakes and flavours with a broader community,” said Ms Heng Li Jin, Director of Fieldnotes.

Anniversary Promotions and Merchandise

To celebrate its second anniversary, Fieldnotes will also be introducing a series of promotions at its Neil Road outlet. These include special in-store deals, gifts with purchase, and the launch of a limited-edition merchandise collection.

The collection, which includes T-shirts, sticker sheets, and cooler bags, marks Fieldnotes’ first venture into lifestyle merchandise. Available while stocks last, these items extend the brand’s identity beyond food, offering customers new ways to engage with its nature-inspired aesthetic.

While no new cake flavours have been officially announced for the anniversary month, the brand continues to explore ingredients such as tea, herbs, cocoa, and nuts. These choices reflect the company’s focus on evoking earthy, natural elements through its offerings.

Growth and Future Direction

The opening of the new cake shop in Raffles City is one step in a broader expansion strategy. A new dine-in concept is currently in development, with plans to incorporate nature more deeply into both the menu and the experiences they offer.

According to Ms Heng, Fieldnotes’ evolution over the past two years has been guided by a desire to create cakes that are part of daily life. “Our philosophy is rooted in intentionality, storytelling, and connection—we hope to create meaningful moments through both our cakes and our dine-in spaces,” she shared.

More information on store locations, anniversary events, and product availability can be found at the Fieldnotes website and social media pages.Hashtag: #Fieldnotes #NewOutlet

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

About Fieldnotes

Fieldnotes is a Singapore-based offering desserts inspired by natural flavours and botanical elements. Established in 2023, the brand focuses on creating cakes that are suitable for everyday occasions, prioritising natural ingredients, intentional design, and accessible flavours. Currently, Fieldnotes has outlets in Neil Road, The Woodleigh Mall, and Tampines 1, with its newest outlet opening soon at Raffles City.

VinFast joins global push into UAE’s expanding EV market


HANOI, VIETNAM – Media OutReach Newswire – 20 June 2025 – As the UAE moves steadily toward an electric future, Vietnam’s VinFast is establishing its presence, aligning with government ambitions and shifting consumer preferences.

VinFast officially launched in the Middle East in October 2024.
VinFast officially launched in the Middle East in October 2024.

Something electric this way comes to the streets of the UAE, as global EV brands are racing to capture the attention of local drivers. These include some from faraway places like Vietnam, as in the case of VinFast, which has been opening showrooms and hosting brand launches in the GCC nations.

It’s easy to see why this is the case. Market projections show the UAE’s electric vehicle market revenue will reach $1.95 billion by 2025[1]. The people also seem ready for a change: A 2024 survey found that 73% of UAE residents want to buy electric cars, with 50% of participants drawn by the promise of advanced technology, improved fuel efficiency (35%), and enhanced safety features[2]. Almost half view electric vehicles as the future of transportation, with 38% planning to purchase one soon. And for some early adopters, that future is already here, with a 23.6% increase in EV charging usage in Dubai by early 2025, according to Dubai’s Electricity and Water Authority[3].

The UAE government recognizes this momentum and acts accordingly. Dubai offers free parking for EV owners, provides complimentary Salik tags, and has been expanding charging infrastructure. One expert even suggested creating an EV-only lane on Sheikh Zayed Road if the government wants to achieve its goal of having half of the cars on its roads be electric by 2050[4].

In that context, emerging brands are all vying for a piece of the UAE market, challenging traditional automakers with fresh design languages, high-tech features, and competitive pricing. The upstart VinFast exemplifies this new wave of car manufacturers.

In its home market of Vietnam, a country not historically associated with high-tech car manufacturing, VinFast has managed to build an EV supply chain with a 60% localization rate, aiming for 80% by 2026.

The brand has recently become Vietnam’s best-selling car brand in 2024, thanks to its comprehensive EV ecosystem that includes widespread charging infrastructure and strong after-sales policies. That local appeal has become the launchpad for expansion across the U.S., Europe, and the Middle East.

VinFast’s VF 8 model represents the brand’s international debut, featuring premium design elements and advanced smart technology that align with UAE preferences for both sustainability and luxury.

The VF 8 offers competitive performance metrics alongside industry-leading warranty coverage of 10-year/200,000 km vehicle coverage, 10-year/unlimited mileage battery coverage, and comprehensive after-sales support. The vehicle’s refined design language and cutting-edge technology package, including a full set of ADAS and 11 airbags, appeal to drivers who view their cars as extensions of their lifestyle choices.

More global players will likely enter the UAE market, drawn by government support, consumer enthusiasm, and infrastructure development. The combination creates ideal conditions for brands willing to invest in long-term success.

In that context, new EV brands like VinFast, by diving in early, are actively shaping the future of driving in the UAE, proving that electric mobility can deliver both environmental benefits and exceptional experiences.

Hashtag: #VinFast

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Aurealis Serviced Residence Marks 16 Years in Singapore’s Hospitality Sector


SINGAPORE – Media OutReach Newswire – 20 June 2025 – Aurealis Serviced Residence commemorates its 16th anniversary on 22 June, marking a journey that began with a single investment property and has since grown into a long-stay luxury accommodation brand in the heart of Singapore.

Isabelle Loo - Managing Director of Aurealis Serviced Residence
Isabelle Loo – Managing Director of Aurealis Serviced Residence

A Business Built Over Time

The idea for Aurealis was inspired by the founder’s experience staying in bed-and-breakfasts during her travels. Motivated by the warm, personalised hospitality she encountered abroad, she envisioned offering a similar experience in Singapore—particularly for professionals visiting the city for extended periods.

Aurealis began its journey as Marina Bay Serviced Residence, launched from a single investment property in Singapore’s Central Business District/ CBD. From the outset, the luxury accommodation brand was developed with a strong foundation in planning, structure, and service. As demand for longer-term stays grew, the business pivoted to specialise in fully furnished service apartments in Singapore tailored for extended visits.

Aurealis has remained focused on delivering a stay experience shaped by responsiveness and attentiveness. The team gathers feedback from each guest, refining the experience over time based on what visitors value most.

Behind the Brand

The founder, Isabelle Loo, previously served as a Senior Education Officer with Singapore’s Ministry of Education. Drawing on her background in organisational development, team leadership and empowerment, she translated those skills into managing a guest-focused business with structured goals and clear service standards.

In 2013, with support from Spring Singapore, the brand underwent a major rebranding. It became Aurealis Serviced Residence, a name inspired by the aurora borealis that the founder witnessed in Norway—a display of light that was ethereal, radiant and powerful.

“From day one, our mission has been simple yet powerful: Exceptional People to provide Exceptional Experiences,” said Isabelle Loo, Founder and General Manager.

In 2021, she enrolled in an interior design course through Singapore’s SkillsFuture initiative, applying what she learned to enhance the design and layout of Aurealis apartments. She continues to be personally involved in guest check-ins and conversations, which offer valuable insights into guest expectations and preferences.

“Those interactions help us improve not just the luxury service apartment itself, but the entire stay experience,” she reveals.

Looking to the Future

With 16 years of operational experience, Aurealis continues to explore future growth, including the possibility of introducing this luxury accommodation brand overseas. To stay ahead, the team regularly studies international best practices and remains agile in its approach to design and service delivery.

“Our long-term goal is to offer our business travellers memorable extended stays,” she notes. “The feedback we’ve received over the years gives us a sense of where we could go—but there’s still more to be done.”
Hashtag: #AurealisServicedResidence

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About Aurealis Serviced Residence

Aurealis Serviced Residence offers luxury accommodations in Singapore. Located in Marina Bay, the brand is also a practical corporate housing choice for business travellers seeking a well-appointed, longer-term stay. Each unit is equipped with a fully-equipped kitchen, in-suite laundry facilities, high-speed Wi-FI and a dedicated workspace with a printer.