NAIROBI, Kenya, May 19, 2026 /PRNewswire/ — Decarbonisation of the buildings and construction sector has slowed, leaving it both a major emissions source and increasingly vulnerable to climate impacts and energy price shocks, according to a new report from the UN Environment Programme (UNEP) and the Global Alliance for Buildings and Construction (GlobalABC).
The tenth edition of the Global Status Report for Buildings and Construction (2025-2026) assesses progress across the sector using seven key indicators covering policies, finance, technologies, and investment aligned with global commitments towards a 2050 net-zero emissions pathway.
Published amid a global housing and energy affordability crisis, the report highlights how climate action in buildings can reduce energy bills, improve living conditions, and strengthen resilience to climate impacts, while cutting greenhouse gas emissions.
“From homes and schools to hospitals and workplaces, buildings play a fundamental role in our lives,” said Inger Andersen, Executive Director of UNEP. “Buildings can either lock in climate risks or deliver safer, healthier, and more affordable living conditions. With half of the world’s buildings yet to be built or renovated by 2050, governments have a critical opportunity to drive zero-emission, resilient construction through better policies, codes, and investment.”
Every day, the world builds an estimated 12.7 million square metres of floor area – roughly the equivalent of adding the entire city of Paris in new floor space nearly every week.
In 2024, the global buildings floor area expanded by 1.7 per cent, reaching 273 billion square metres. This rapid growth was driven largely by construction in emerging economies, including India and Southeast Asia. The buildings and construction sector now accounts for nearly 50 per cent of global material extraction, 37 per cent of global emissions, and 28 per cent of global energy consumption.
The report notes that since 2015:
Global building energy intensity – measuring a building’s annual energy consumption relative to its size – has reduced by 8.5 per cent.
Green building certifications have nearly tripled.
In 2024, renewables supplied just 17.3% of buildings’ energy demand, far below what is needed for a net-zero pathway.
Investment in energy efficiency reached USD 275 billion in 2024, contributing to cumulative investment of USD 2.3 trillion since 2015.
Since 2020, however, progress has slowed, as the green transition has not kept pace with the rate of construction. To align the sector with a net-zero pathway, policymakers should accelerate energy efficiency improvements, and the fossil fuel phase out, while investment in building energy efficiency must reach USD 5.9 trillion by 2030, equivalent to USD 592 billion annually.
The report highlights positive examples across regions, including:
The European Union deployed policies tackling operational emissions and emissions released before and during construction (embodied emissions). Improvements in building energy performance in Japan and Switzerland.
Growth in on-site renewables in buildings in Australia, Germany, India, and Pakistan.
National climate action plans (NDCs) substantively covering building sector strategies in the Bahamas, Cambodia, and Colombia.
Updated building energy codes in California, Kenya, Japan, and Singapore.
Expansion of green building certification in China, Colombia, India, and Türkiye.
National roadmaps supporting sector transformation in Bangladesh, India, Indonesia, Jordan, Ghana, and Senegal.
Growth in investment and financing for sustainable buildings in Canada, New Zealand, and the United Kingdom.
UNEP and GlobalABC will continue working to strengthen data, improve methodologies and support national policymaking. These efforts will equip decision-makers with the evidence needed to accelerate climate action while addressing affordability and equity challenges.
BEIJING, CHINA – Media OutReach Newswire – 19 May 2026 – During Donald Trump’s high-profile diplomatic visit to China, a state-level welcome banquet was hosted in Beijing, assembling global industry leaders from the semiconductors, consumer electronics, new energy and intelligent manufacturing sectors. Beyond diplomatic protocol, the banquet’s strategic seating arrangement sparked extensive industry discussion, with a dedicated elite tech table becoming the focal point of global industrial attention. Jia Shaoqian, Chairman of Hisense Group, was invited to the exclusive tech table, seated alongside iconic U.S. tech figures including Elon Musk, Tim Cook, Jensen Huang, and Tyson Jacob. The premium seating objectively validates Hisense’s worldwide technological prowess and authoritative industrial discourse power.
The high-end roundtable establishes a premium communication channel bridging Chinese manufacturing and U.S. hard technology. While U.S. representatives cover artificial intelligence, advanced semiconductors and new energy vehicles, Hisense represents China’s sophisticated technology manufacturing with a multi-dimensional technological layout. Shattering the long-standing stereotype of a conventional home appliance maker, the company has built inimitable technological barriers in high-end display and smart home sectors, maintaining sustained technological iteration and undisputed global technological advantages in 2026.
Empowered by its end-to-end industrial chain capability, Hisense occupies an apex position in the global display industry. The company’s self-developed RGB-Mini LED technology achieves comprehensive leadership in R&D, mass production and technological iteration. Equipped with the pioneering Linglong 4-Core True Colour Backlight system and independently developed Hi-View AI image processing chip, Hisense’s 2026 latest UX series features 110% BT.2020 ultra-wide colour gamut, 10,000 nits peak brightness and 134-bit high-precision colour control, reproducing over 120 million distinct colours. With these innovations, Hisense now has a one-year technological head start over its competitors, enabling the enterprise to set industrial benchmarks and secure rule-making authority within the global display ecosystem.
Hisense remains an undisputed global pioneer in laser display technology, holding full independent intellectual property rights covering laser light sources, optical modules and terminal devices. Continuous investment in underlying optical research enables superior imaging performance with ultra-high contrast, eye-friendly visual comfort and wide colour gamut. The persistent technological edge reinforces Hisense’s dominant market share in the global laser TV industry, consolidating its status as an indispensable Chinese technological powerhouse in the high-end display landscape.
Beyond display technologies, Hisense expands its technological frontier in premium smart home appliances. The self-developed heat pump washing machine adopts an innovative four-in-one integrated heat pump structure, delivering low-temperature fabric-friendly washing and drying while significantly cutting energy consumption. As an original global energy-saving home appliance solution, it embodies Hisense’s green manufacturing philosophy and diversified R&D strength beyond display technology.
During the banquet, Jia Shaoqian engaged in in-depth dialogues with international tech elites regarding technological innovation, transnational industrial collaboration and eco-friendly intelligent manufacturing. The high-level face-to-face communication enhances mutual trust and cooperation potential between Chinese and U.S. technology enterprises. Adhering to a globalised development strategy, Hisense maintains steady overseas revenue and robust independent brand influence, with its technology-oriented products widely recognised across mainstream international markets.
The prestigious seating arrangement serves as compelling proof of global recognition for China’s high-end manufacturing industry. As a leading Chinese tech enterprise, Hisense has obtained equal diplomatic-level dialogue status within the world’s top technological circle. Moving forward, Hisense will consistently invest in independent R&D, continuously iterate RGB-Mini LED, laser display and heat pump appliance technologies, and actively explore global industrial cooperation. Committed to technological empowerment, Hisense will further strengthen the global influence and industrial voice of Chinese high-end manufacturing.
Visit hisense.sg to learn more about Hisense’s innovative products available now in Singapore.
Disclaimer: This article is an objective industrial observation without exaggerated promotional statements. All technical parameters are sourced from Hisense’s official 2026 product releases.
Hashtag: #Hisense
The issuer is solely responsible for the content of this announcement.
About Hisense
Founded in 1969, Hisense is a global technology group operating in 160+ countries, with a strong portfolio across TVs, home appliances, air-conditioning and commercial solutions. Recognised as one of the Top 2 TV brands worldwide, Hisense continues to strengthen its global presence through innovation, quality manufacturing and major international partnerships, including its role as an Official Sponsor of the FIFA World Cup 2026™
A Pristine New Expression of Chef Vicky Cheng’s Culinary Excellence Arrives at the Award-Winning Luxury Resort
MACAU SAR – Media OutReach Newswire – 19 May 2026 – Galaxy Macau upholds its status as Asia’s leading dining destination with the debut of Estuary by Vicky Cheng on May 29, 2026, a collaborative masterpiece with the acclaimed chef and one of the region’s most highly regarded culinary talents today, and his first French restaurant. As one of the region’s most highly rated integrated resorts, home to five Michelin stars across four acclaimed establishments, Galaxy Macau continues to shape the gastronomy landscape of the Greater Bay Area with exceptional talent and guest-focused hospitality, infused with Asian warmth and a commitment to excellence.
Galaxy Macau upholds its status as Asia’s leading dining destination with the debut of Estuary by Vicky Cheng, the acclaimed chef’s first French restaurant, opening on May 29, 2026; welcoming discerning guests from around the globe with the highest international standards of hospitality and culinary excellence.
“Estuary by Vicky Cheng is a vision that has been years in the making, working with intense focus together with Chef Vicky. This restaurant concept represents the pinnacle of Galaxy Macau’s global ambitions—an independent fine dining expression built on patience, purpose and a shared vision for enduring culinary excellence and impeccable guest service,” says Mr Kevin Kelley, Chief Operating Officer, Macau of Galaxy Entertainment Group.
Chef Vicky Cheng is renowned for his mastery in bridging French technique and regional ingredients; this time, he brings a new dimension of refinement to the resort’s exceptional portfolio through modern French gastronomy that is both indulgent and deeply personal, guided by a philosophy that balances nourishment, generosity, and refined finesse.
Widely recognised for his precision, creativity, and cross-cultural fluency, Chef Vicky’s recent accolades further underscore his authority in shaping contemporary fine dining. Recently honoured with the Black Pearl Restaurant Guide Master Chef Award 2026, Chef Vicky’s work continues to gain international acclaim, with Wing ranked No. 2 on Asia’s 50 Best Restaurants 2026 and his flagship VEA retaining its one Michelin star in the Michelin Guide Hong Kong & Macau.
Estuary by Vicky Cheng is a French restaurant that draws inspiration from the natural meeting point of river and sea—a fecund place of transformation and renewal. With a seafood-forward menu featuring ingredients of both fresh and saltwater, Estuary reflects the harmony and transformation in these converging worlds.
At Estuary, savoury consommés and delicate jellies act as nourishing through-lines, while fermentation, wood-fired cooking, and essential oils extraction build depth and clarity. The gastronomic experience is precise and pristine, leaving guests feeling sated.
Accentuating Chef Vicky’s decades of culinary exploration and experimentation, Estuary encapsulates the chef’s highly awarded craftsmanship, with each dish meticulously prepared. There’s a respect for dedicated craft, both on and off the plate; the creative process considers every detail, from artisanal tableware and cutlery to a commitment to sourcing rare local ingredients, such as sweet and sour honey from Yuen Long’s stingless bees.
“Estuary by Vicky Cheng is a full-circle moment for me,” says Vicky Cheng. “I was trained in classic French cooking, which shaped my culinary foundations. When I returned to Hong Kong ten years ago, I began exploring the intersection of Chinese and French cuisine; and five years ago, opened my own Chinese restaurant. Estuary brings these experiences together. It is a reflection of my roots, my evolution, and a reverential understanding of flavour, culture, and craft.”
A Contemporary Expression of Tradition and Culinary Mastery
The experience at Estuary by Vicky Cheng unfolds as a culinary journey with a sense of ceremony, drawing inspiration from Parisian grands hôtels. From artisanal bread and butter service to refined guéridon tableside presentations, the experience is anchored in a choreography of classic rituals. Guests are invited to begin with an aperitif from a traditional champagne trolley, followed by dessert, coffee, and tisanes presented in sequence, alongside candlelit wine decanting service. This is complemented by a nuanced wine list that celebrates Old World vintages from France as well as select New World wines. The oldest heritage vintages include the 1928 Château Cos d’Estournel from Bordeaux and the 1981 Krug Collection. A non-alcoholic pairing is also available for a palate cleansing option upon request.
Chef Vicky Cheng’s anchors the debut seasonal six-course tasting menu: intentional, precise and quality ingredients-driven. Dauricus caviar, sweet peas, and turnip are served with a tableside pour of lacto-fermented kabu, brightened with lime, coconut milk, and cream, creating a rich play of salinity, acidity, and creamy umami.
The debut seasonal six-course tasting menu is anchored by Chef Vicky’s signature style: intentional, precise, and quality ingredient-driven, while revealing unexpected layers of flavour and texture.
The luxurious first course of Dauricus caviar (only available at Cheng’s restaurant in Macau), spring turnip, sweet peas and chervil is served with a tableside pour of lacto-fermented turnip sauce transformed into liquid, brightened with lime, and cream; creating a rich play of salinity and acidity. White asparagus follows, slow-poached and crowned with Hokkaido sea urchin and delicate sea urchin ice cream, finished with a champagne-and-24-month Bellota ham sauce and chive oil for savoury depth and oceanic umami. Blue lobster poached in lobster butter arrives with a fermented pineapple brunoise and a trio of zucchini textures, lifted by a shellfish consommé giving sweet, tangy notes. A signature dish on the menu is the charcoal-grilled fish maw glazed with black garlic, at once crispy yet tender, served tableside on a bed of cordyceps mushrooms and gingko nuts, with a sand-ginger-infused beurre blanc sauce; giving it smoky, collagen-rich intensity.
Blue lobster poached in lobster butter arrives with a fermented pineapple brunoise and a trio of zucchini textures; lifted by a shellfish consommé giving sweet, tangy notes.
Every dish is perfectly balanced and layered; subtle notes of fermented ingredients run through the menu, along with savoury, rich broths and the nuanced flavours of char-grilled and wood-fired cooking.
Executive Chef Harvey Hsieh brings a refined culinary perspective shaped by classical French training, a strong technical foundation and disciplined approach in Michelin-starred kitchens. Years spent alongside his mentor Vicky Cheng at VEA further defined a style marked by precision, elegance, and restraint.
Ambience Rooted in Nature and Artistry
Designed by J Candice Interior Architects, a long-time interior collaborator of Chef Vicky Cheng, Estuary by Vicky Cheng’s interiors unfold as an immersive spatial journey that mirrors the restaurant’s themes of tidal transformation and the fluidity of nature. Greeted by artist Martin Gallo’s suspended Splash sculpture of tumbled glass, guests enter through a towering 5.7-metre-high carved ash-wood door, progressing through a sandstone portal, before arriving at the reception desk where a stone fireplace casts a warm welcome—a symbolic representation of Chef Vicky’s spark of passion leading to a prolific career in the kitchen.
Designed by J Candice Interior Architects, Estuary by Vicky Cheng unfolds as a timeless, immersive spatial journey that mirrors the restaurant’s themes of tidal transformation in nature.
The space opens onto a warm, Art Nouveau-inspired dining room defined by organic lines, branch-like forms, and a canopy that evokes a sense of connection and flow. Opening into an airy ambience created by a spectacular domed ceiling, the space draws guests’ attention to the polished Molteni 1923 open kitchen that anchors the main dining room. Its design cadence and flow visually lead to the centre stage of the dining room, where the kitchen is reminiscent of a perfectly timed orchestra, and where the kitchen team set about their craft in synchronised rhythm.
Interior details such as an occasional table and embossed wall panels reinforce the restaurant’s respect for time, technique, and evolution. With a visible tree ringed patina, the centre-piece occasional table bridges past and future, paying homage to nature – the sun, the sky, the soil and the ocean – as well as to the rotation of the seasons; which in turn inspires the menu. Sculptural lighting by Lasvit adds a final organic touch to the private room, casting waterlike reflections from the gilded tumbled glass, completing the sensory landscape.
A tumbled-glass chandelier by Lasvit adds a final poetic touch to the private room at Estuary by Vicky Cheng, casting waterlike reflections and natural textures that complete the sensory landscape.
Estuary by Vicky Cheng is one of the most anticipated openings in the Greater Bay Area, further strengthening Galaxy Macau’s recognised position as the region’s preeminent destination for outstanding dining. As the latest addition to the resort’s award-winning portfolio, the restaurant offers a fresh expression of modern French cuisine, shaped by Chef Vicky Cheng’s distinctive perspective and artistry; backed by industry-defining accolades that affirm his standing at the forefront of Asia’s culinary landscape. All served with the highest standards of Asian hospitality.
Adds Kelley: “Estuary by Vicky Cheng embodies the best of what Galaxy Resort stands for today: our relentless dedication to refined, guest‑focused dining that looks forward, honouring Macau’s UNESCO culinary heritage as a Creative City of Gastronomy, while shaping what personalised fine dining in Asia can truly become.”
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 meters of unique entertainment and leisure attractions that are unlike anything else in Macau. Nine 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, and Capella at Galaxy 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.
Embark on a delightful and rewarding journey at Galaxy Promenade, the one-stop shopping destination boasting some of the world’s most iconic luxury brands. Be the first to get the latest limited-edition items; explore fascinating pop-ups by coveted labels and revel in fabulous shopping rewards and privileges. Our VIPs are entitled to a highly-curated experience with dedicated personal shoppers at guests’ service, and be invited to exclusive luxury brand events. A different calibre of privileges and rewards also awaits. Discover the joys of fashion and stand at the forefront of style and sophistication—Galaxy Promenade has everything guests need to stay ahead of the style game.
Galaxy Cinemas takes immersive movie experiences to the next level with the latest audio-visual technology, ultra-luxurious facilities and bespoke services; CHINA ROUGE, one-of-a-kind cabaret lounge that evokes the glamor of Shanghai’s golden era with stylish entertainment and customisable surrounds; and Foot Hub, which presents the traditional art of reflexology for authentic relaxation and revitalisation. For Authentic Macau Flavours and Vibrant Asian Experiences, Broadway Macau – just a 90-second walk via a bridge from Galaxy Macau, has over 35 Authentic Macau & Asian Flavours at 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 catered to with a portfolio of unique venues in Galaxy Macau and an expert service team. 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-meters of total flexible MICE, and the 16,000-seat Galaxy Arena – the largest indoor arena in Macau.
Visionary Dialogues on AI Filmmaking Inspire Next Generation of Creative Talent
HONG KONG SAR – Media OutReach Newswire – 19 May 2026 – The Hong Kong University of Science and Technology (HKUST) has successfully concluded its 2nd AI Film Festival (AIFF), held recently at the Shaw Auditorium. As one of the key events celebrating HKUST’s 35th anniversary, the two-day Festival brought together industry leaders, filmmakers, scholars, students, and members of the public to explore how artificial intelligence (AI) is redefining cinematic creativity and production.
This year’s AIFF saw an overwhelming global response, with over 1,300 submissions—almost double that of last year—from nearly 80 countries and regions. Following a rigorous evaluation by an international jury, a number of outstanding works were recognized across key award categories*. The Best Film Award was presented to The Afterlife of Aphrodite by Gabriela Cardona WALTHER, a Mexican filmmaker whose work seamlessly blends personal memory and mythology to explore themes of identity, femininity, and transformation. The Best Debut AI FilmAward went to NeoNature by Javier Gracia ALCAINE, a Spanish AI content creator who captures the beauty of natural world through cinematic, ultra-realistic wildlife documentaries with immersive storytelling.
In addition to these remarkable overseas works, local talent also shone at this year’s Festival. Hong Kong-based AI filmmaker KA TAM earned the Best Technical Innovation Award for Project J, a sci-fi action piece that demonstrates the pioneering use of AI in crafting a dystopian narrative set in a technologically controlled future. The Best Human AI Collaboration Award was presented to Ash Boat by OUYANG Mengke, a postgraduate student from HKUST’s Division of Arts and Machine Creativity (AMC). Her evocative short film explores the complexities of human grief, memory, and emotion through the story of a teenage girl assigned an AI guardian in a near-future society.
The Festival was graced by distinguished guests, including Ms. Edith SHIH, Vice Chairperson of the HKUST Council; Mr. Kevin WANG Xikai, Station Chief of the Hong Kong Reporter Station, National Radio and Television Administration; Prof. QU Huamin, Dean of the Academy of Interdisciplinary Studies (AIS) at HKUST; Prof. FU Hongbo, Acting head of AMC at HKUST, as well as other academic and industry representatives. Acclaimed local film director Mr. Stanley TONG also delivered a keynote speech, sharing insights into how AI offers new opportunities for Chinese film development by reducing trial‑and‑error costs and accelerating visual innovation, while underscoring that storytelling, human emotion, and cultural depth remain the irreplaceable core of filmmaking.
Alongside the screenings of shortlisted films, the Festival featured three thematic panels examining key issues in AI filmmaking. The panel titled “Future · AI Film · Production Technology” featuring Prof. RAO Anyi, Assistant Professor of AMC; Mr. Feynman LI, General Manager of the AI Content Creative Department at Tencent Online Video; Ms. Eddy CHEN, Chinese AI artist; as well as other industry representatives, addressed both the opportunities and challenges in areas such as creative control, visual consistency, and production efficiency, while also discussing how AI is accelerating content creation and empowering smaller creative teams.
Building on this discussion, the panel titled “Reshaping Light and Shadow: Film Aesthetics and Authorship in the AI Era,” featuring local film director and HKUST alumnus Mr. KA Sing-Fung; local film producer Ms. TO Chi-Long; Korean film director Prof. Chul HEO; and other academic representatives, explored how AI is reshaping cinematic aesthetics and authorship, highlighting the importance of integrating tools, performance, and storytelling while preserving creative originality. Another panel titled “Cultural Memories and Digital Heritage,” featuring Dr. Vennes CHENG, Lecturer of AMC; Mr. HO Rui-An, Singaporean artist and writer; and other experts, examined how AI can reconstruct and reinterpret historical materials while emphasizing ethical considerations in balancing preservation, interpretation, and authenticity.
Beyond the screenings and discussions, this year’s Festival introduced an exhibition gallery showcasing AI film materials and selected student projects from AMC in an immersive, installation-based format, featuring works such as interactive robotic arms and a facial-capture device. To further enhance real-world impact, AIFF also strengthened its industry engagement through strategic collaborations with leading AI enterprises, including Tencent, Kling, TapNow, and MiniMax, effectively bridging academic innovation with professional AI filmmaking practices.
As part of its commitment to nurturing future talent, HKUST further enriched its educational outreach for this year’s AIFF. A series of workshops and a 36-hour AI film hackathon for secondary school students were introduced in March to deepen their understanding of AI generated content and to empower the next generation of innovators. The winning student work premiered during the Festival’s opening screening, reinforcing the event’s role as a platform where education, industry, and creative practice meaningfully converge.
Prof. Qu Huamin, Dean of AIS at HKUST, said, “The HKUST AIFF is more than a celebration of digital creativity; it also bridges the gap between cutting-edge research and real-world practice, driving the development of art and technology in academia and industry. This flagship initiative demonstrates AIS’s ongoing commitment to fostering innovation and social impact through interdisciplinary collaboration, while nurturing versatile talent in our rapidly evolving world.”
Prof. Fu Hongbo, Acting Head of AMC at HKUST, expressed his gratitude for the contributions of AMC student teams who were actively involved in planning and organizing the AIFF. “At HKUST, we see AI film as a unique meeting point where creators, researchers, industry partners, and students unite to explore new possibilities in storytelling. This year’s AIFF continues to grow not only in scale but also in ambition. Through these efforts, we hope to foster a sustainable and dynamic ecosystem for AI‑driven creative practice.”
Having established Hong Kong’s first Division of Arts and Machine Creativity in 2024, HKUST continues to demonstrate its dedication to promoting AI integration in the creative industries and advancing art tech education and research through AIFF.
*The full list of awardees, together with their winning works, is available here.
MELBOURNE, AUSTRALIA – Media OutReach Newswire – 19 May 2026 – FPG Fortune Prime Global marks its 15th anniversary as global trading platforms increasingly compete on infrastructure, execution quality, and system stability.
Founded in 2011, FPG(https://fortuneprime.com/) has expanded across global markets, now serving over 100,000 clients in 30+ countries, supported by 20+ languages, 24/5 service, 10+ global offices, and 30+ years of group heritage.
As trading conditions become faster and more complex, infrastructure has become a key measure of broker competitiveness. FPG continues to invest in multi-region servers, liquidity integration, risk management systems, and scalable execution architecture to improve stability and consistency, especially during volatile market conditions.
Through its multi-asset CFD offering, FPG provides access to forex, precious metals, indices, and digital assets, while maintaining multilingual support and round-the-clock service.
After 15 years of development, FPG’s growth reflects the industry’s shift from basic trading services toward infrastructure-driven brokerage platforms. Looking ahead, speed, stability, and system capability will remain central to FPG’s continued global expansion.
Showcases system‑level AMR innovations with technology partners in Singapore and Bangkok
SINGAPORE and BANGKOK, THAILAND – Media OutReach Newswire – 19 May 2026 – Arrow Electronics, a global provider of technology solutions, will host technical seminars focused on autonomous mobile robot (AMR) system-level design to address rising demand across Southeast Asia markets by helping customers navigate system‑level design and integration challenges.
Arrow showcases AMR solutions with partners in Singapore and Bangkok.
Arrow and onsemi, together with several leading semiconductor and technology suppliers, will showcase AMR solutions and design approaches at upcoming technical sessions in Singapore on May 19 and Bangkok on May 21. The seminars will highlight AI-enabled navigation, advanced sensing, energy efficiency, and industrial-grade reliability for real-world applications.
The Asia-Pacific region is among the fastest-growing markets for AMR adoption, driven by expanding ecommerce operations, increased warehouse automation, and broader smart manufacturing initiatives. As AMR deployments move beyond pilot projects, organizations across the region face growing system-level challenges, including the integration of advanced computing, sensing, connectivity, power management, and motion control—while maintaining reliability, safety, and scalability in dynamic operating environments.
“Autonomous mobile robots rely on the seamless integration of multiple subsystems to move, sense, and operate safely in real-world environments,” said David Chow, sales SVP, Asia Pacific at onsemi. “Through our collaboration with Arrow, onsemi helps reduce system complexity by providing reliable smart power and sensing solutions that serve as essential building blocks for AMR designs. Together, we support key subsystems including rugged, high-resolution imaging, high-power motor control, and efficient, compact battery-charging solutions—enabling customers to develop AMRs that are more capable, energy-efficient, and scalable.”
Arrow addresses AMR design challenges through a system-level approach that reflects how robots are developed and deployed in real-world applications. By combining a broad technology portfolio—including semiconductors and industrial-grade interconnect, passive, and electromechanical (IP&E) components—with design engineering, system integration, and supply-chain services, Arrow helps customers manage complexity, reduce integration risk, and bring scalable AMR solutions to market more efficiently, from early design through commercial deployment.
“Across the region, organizations are increasingly adopting autonomous mobile robots as they seek to improve efficiency and operational flexibility in more complex environments,” said Dr. Raphael Salmi, president of Arrow Electronics’ semiconductor business for South Asia, Korea, and Japan. “Through our system-level design approach, regional engineering presence, and integrated supply-chain capabilities, Arrow supports customers as they develop and deploy autonomous mobile robots that can operate safely, reliably, and efficiently in real-world conditions.”
During the Singapore and Bangkok events, attendees will participate in full-day, in-depth technical sessions featuring live demonstrations and hands-on insights into practical AMR design considerations and system-level architectures. The sessions will cover applications across logistics, warehousing, manufacturing, and service environments, with a focus on reliability, energy efficiency, and scalability.
Registration for the Singapore and Bangkok technical seminars is available online. Learn more about Arrow’s autonomous mobile robot solutions at arrow.com. Hashtag: #ArrowElectronics #AMR #AutonomousMobileRobot
The issuer is solely responsible for the content of this announcement.
About Arrow Electronics
Arrow Electronics (NYSE:ARW) sources and engineers technology solutions for thousands of leading manufacturers and service providers. With 2025 sales of $31 billion, Arrow’s portfolio enables technology across major industries and markets. Learn more at arrow.com.
Xekaman-Xanxay Hydropower Dam (Photo used for representational purposes only)
Laos has formalized a build-operate-transfer (BOT) concession for the 80-megawatt Xekaman 4 Hydropower Project in Sekong province, with all electricity generated designated for export to Vietnam.
The agreement, signed on 15 March, involves the Viet-Laos Electricity Joint Stock Company and Vietnam’s Xekaman 4 Electric Power Company. Xekaman 4 is the latest development in the Xekaman cascade, which includes Xekaman 1, 2, and 3, collectively strengthening Laos’ hydropower output along the Sekong River.
Officials said the new plant will employ modern turbines and transmission systems to ensure efficient power delivery to Vietnam while supporting Laos’ goal of expanding renewable energy production.
The project also aligns with regional energy integration under the ASEAN Power Grid framework, enabling cross-border electricity exports and helping meet Vietnam’s growing electricity needs.
Construction and commissioning will follow standard BOT procedures, with electricity sales governed by the joint venture agreement.
More Exports
Electricity exports from Laos to Vietnam have surged in early 2026, with Hanoi importing around 2.92 billion kWh in the first quarter, almost double the volume from the same period last year.
Meanwhile, by the end of 2025, Vietnam had approved power imports from 47 Lao energy projects, totaling more than 8,260 MW, with 2,379 MW already flowing across the border.
Hydropower remains the backbone of Laos’ energy sector, accounting for most of the country’s 12.4 GW installed capacity in 2025. Investments in renewable energy are also rising, including the 1,000 MW Oudomxay solar plant and the Monsoon Wind Power Project in southern Laos, which directly exports electricity to Vietnam.
Cross-border energy trade has become a core part of Laos’ economy under its “Battery of Southeast Asia” strategy.
At the same time, the country is expanding transmission links with China and Thailand, with exports to Thailand reaching over USD 2.3 billion last year.
However, officials warn that domestic supply can be tight during the dry season, prompting plans for more transmission upgrades and renewable energy projects to maintain a stable supply for both local and regional consumers.
The inaugural Asia edition of the global litigation finance conference series brings together leading litigation funders, law firms, general counsel, insurers, and institutional investors.
SINGAPORE, May 19, 2026 /PRNewswire/ — LITFINCON, the global litigation finance conference series, today confirmed that LITFINCON Asia 2026 takes place on June 3-4, 2026 at Marina Bay Sands in Singapore. The inaugural Asia edition convenes senior litigation funders, institutional investors, law firm partners, general counsel, insurers, and dispute resolution professionals for two days focused on the capital, risk transfer, and legal strategies shaping the future of litigation finance across Asia-Pacific.
Marina Bay Sands Hotel – Hosting LITFINCON Asia
Attendees are expected from across Asia, Europe, the Middle East, and the United States, reflecting the increasingly global and cross-border nature of litigation finance and legal private credit.
With limited seats remaining, LITFINCON Asia 2026 arrives at a defining moment for the industry. The event comes amid accelerating institutional adoption of legal finance globally, including increasing participation from private credit platforms, insurers, and sovereign-backed capital seeking differentiated, uncorrelated exposure.
The broader legal finance market has also continued to institutionalize globally, with increasing participation from insurers, secondary buyers, and large alternative asset managers seeking exposure to structured legal credit and litigation-related cash flows.
Singapore and Hong Kong have emerged as two of the world’s most developed jurisdictions for litigation finance — deliberately opening their markets, recognizing funder participation in international arbitration, and avoiding some of the overregulation now emerging in Western jurisdictions. Cross-border commercial arbitration filings at SIAC, HKIAC, and ICC Asia continue to rise, while complex commercial disputes, IP enforcement campaigns, and infrastructure-related claims across Southeast Asia, India, China, and Australia represent a growing pipeline of opportunities for sophisticated legal finance providers.
“The window in Asia is open right now,” said Jim Batson, CIO of Legal Finance atSiltstone Capital. “Singapore and Hong Kong have built the infrastructure. The deal flow is there. Institutional capital is looking for a home. What has been missing is a senior institutional forum dedicated to litigation finance in Asia. That is what LITFINCON Asia is.”
Conference Program: June 3–4, 2026 | Marina Bay Sands, Singapore
On June 3, 2026, the conference begins with an exclusive VIP evening reception at the renowned CÉ LA VI restaurant overlooking the Singapore skyline.
On June 4, 2026, following registration and a networking breakfast, Jim Batson will deliver the opening remarks on the globalization and institutionalization of litigation finance. The conference program will then feature six panels examining the capital, legal, and strategic dynamics shaping the industry globally:
Legal Finance in Asia-Pacific An analysis of dispute trends shaping Asia-Pacific, including restructuring claims, cross-border recoveries, regulatory developments, and insurance as a risk mitigation tool.
Intellectual Property as a Global Asset Class An examination of intellectual property as an investable asset class, including enforcement trends, valuation frameworks, and monetization strategies across major global jurisdictions.
International Arbitration & Enforcement A discussion of cross-border arbitration and enforcement trends, including developments at SIAC, ICC, and LCIA, sovereign disputes, asset tracing, and award monetization.
Risk Transfer in Legal Finance A discussion on the expanding role of insurance in legal finance, including judgment preservation insurance, portfolio wraps, reinsurance participation, and secondary risk transfer.
Cross-Border Capital Formation A discussion on capital formation in legal finance across Asia, the Middle East, and the United States, including insurance solutions, underwriting innovation, and evolving LP demand.
Secondaries, Liquidity & Portfolio Monetization An examination of secondary markets in legal finance, including portfolio trades, liquidity solutions, valuation trends, and the growing role of secondary capital in portfolio management.
In addition to the panel discussions, Robert Le, Co-Founder of Siltstone Capital, will share perspectives as a capital allocator and discuss the growing importance of alternative investment strategies within institutional portfolios.
The conference concludes with an evening networking reception at Marina Bay Sands.
Sponsors and Supporting Partners
LITFINCON Asia 2026 is proud to be supported by its Diamond Sponsor, HOZU Capital, alongside leading industry participants including Deminor, Omni Bridgeway, Bailey & Glasser, LLP, Cherry Johnson Siegmund James PC, and Vale IP. Their participation reflects the breadth and seniority of the litigation finance ecosystem gathering at Marina Bay Sands — spanning global institutional funders, specialist capital providers, plaintiff law firms, and IP-focused practices operating across Asia and internationally.
PR Newswire Asia serves as the Official Press Release Distribution Partner of LITFINCON Asia: The Premier Asian Litigation Finance Conference, helping ensure LITFINCON’s news reaches the global financial, legal, and business media community across Asia-Pacific and worldwide.
Register Now — Limited Places Remain
June 3 is fast approaching. If you are a senior practitioner in law, litigation finance, dispute resolution, or institutional capital allocation and are not yet registered for LITFINCON Asia 2026, now is the time to act. This is among the only dedicated institutional conferences in Asia focused exclusively on litigation finance, structured risk transfer, and legal private credit.
Do not miss the room where these conversations happen.
LITFINCON Asia 2026 has applied for 5.75 Continuing Professional Development (CPD) credits, with approval expected shortly. Attendees who complete the full-day program at Marina Bay Sands on June 4 will be eligible to claim CPD credit toward their annual professional development requirements. CPD certification documentation will be provided to all qualifying registered attendees following the event.
About LITFINCON
LITFINCON is the global litigation finance conference series, convening the leading funders, law firms, institutional investors, insurers, and legal professionals at the forefront of the industry. Created by Siltstone Capital and operating across Asia, Europe and the United States, LITFINCON brings senior practitioners together for substantive dialogue on the capital, strategy, risk transfer, and legal frameworks shaping the global litigation finance industry.
LITFINCON Asia 2026 takes place June 3-4, 2026 at Marina Bay Sands in Singapore. LITFINCON Europe 2026 takes place October 7–8, 2026 at Rosewood Hotel in Amsterdam.
About PR Newswire Asia
PR Newswire Asia is the region’s leading press release distribution and content syndication platform, connecting organizations with journalists, media outlets, investors and audiences across Asia-Pacific and globally. As the Official Press Release Distribution Partner of LITFINCON Asia: The Premier Asian Litigation Finance Conference, PR Newswire Asia helps ensure LITFINCON’s news reaches the financial, legal and business media community at the scale and speed demanded by the modern litigation finance industry.