Home Blog Page 462

Massimo Motor Accelerates Fleet Expansion; Strong Demand for HVAC-Equipped Utility Platforms at NAFA 2026

Growing municipal and enterprise engagement supports expanding fleet sales pipeline

GARLAND, Texas, April 28, 2026 /PRNewswire/ — Massimo Motor (“Massimo” or the “Company”), a U.S.-based provider of utility-focused vehicles, today announced continued expansion of its fleet sales pipeline following strong engagement at the NAFA 2026 Institute & Expo in Cleveland, Ohio.

The Company reported high levels of interest from municipal, county and commercial fleet operators, with particular focus on its HVAC-equipped Sentinel Series UTVs and MVR Pro Series electric carts. These platforms are designed to support all-weather, high-frequency operational use across environments such as public works, infrastructure maintenance, campus operations and industrial facilities.

Massimo believes its factory-integrated HVAC platforms address a key operational need for fleet customers, enabling consistent vehicle utilization across varying climate conditions. This differentiation is contributing to increased engagement with government agencies and commercial operators evaluating next-generation utility vehicle solutions.

The Company noted growing RFP activity and ongoing discussions with multiple municipalities and county-level agencies regarding potential deployments. In parallel, Massimo continues to expand its presence within industrial and warehousing environments, including recent deliveries to a major global automotive manufacturer supporting internal logistics and facility operations.

“We saw strong engagement at NAFA from fleet operators actively evaluating solutions that can perform reliably across a wide range of operating conditions,” said Quenton Petersen, Chief Executive Officer of Massimo. “Our HVAC-equipped Sentinel Series UTVs and MVR Pro Series electric carts are designed to meet these demands, particularly in applications where continuous use, operator comfort and durability are critical.”

Mr. Petersen continued, “We are encouraged by the level of interest translating into active discussions and evaluations across both municipal and enterprise customers. As we continue to build our fleet sales pipeline, we believe this segment represents an increasingly important component of our growth strategy, particularly in high-utilization, site-based operating environments.”

Massimo remains focused on scaling its fleet sales program nationwide, targeting public sector, commercial, and industrial customers seeking durable, cost-effective mobility solutions. The Company believes its differentiated product offering—combining electric mobility, utility-driven design, and climate-controlled cabins—positions it to address evolving fleet requirements and support long-term growth.

About Massimo Motor
Massimo Motor is a U.S.-based manufacturer and distributor of utility-focused powersports vehicles, including UTVs, ATVs, and electric golf carts. The Company is focused on delivering practical, all-weather mobility solutions designed for commercial, municipal, and recreational use. Through its nationwide dealer network and expanding fleet sales program, Massimo supports a diverse customer base with products engineered for durability, efficiency, and real-world performance.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of applicable securities laws. In some cases, forward-looking statements can be identified because they contain words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “predict,” “project,” “target,” “potential,” “seek,” “will,” “would,” “could,” “should,” “continue,” “contemplate,” “plan,” and other words and terms of similar meaning. These statements include, but are not limited to, statements regarding fleet sales pipeline development, customer demand, potential deployments, and future growth opportunities. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. These risks include, among others, market conditions, customer purchasing decisions, product performance, and broader economic factors, in addition to the risks described in the “Risk Factors” section of Massimo’s filings with the SEC. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release. Massimo undertakes no obligation to update any forward-looking statements except as required by law.

Company Contact
Quenton Petersen
CEO
Massimo Group
ir@massimomotor.com 

EcoFlow and Customers Support U.S. Disaster Response as Part of Home Upgrade and Social Impact Campaign

Money raised will go to EcoFlow non-profit partners Footprint Project and Convoy of Hope

SEATTLE, April 28, 2026 /PRNewswire/ — EcoFlow, a leading provider of eco-friendly energy solutions, with the support of 945 number of its customers, raised $50,000 to promote energy resilience and disaster response through two non-profit partners in a first-of-its-kind campaign for the company.

The community fundraising effort came as part of EcoFlow’s “Home Upgrade Program” seeking to transform user participation from its customers into meaningful social impact. Running from March 31 to April 28, the program invited users to share how they upgraded their home energy systems through the EcoFlow Forum.

Through active participation, users donated their EcoCredits, which were collectively converted into donations to support nonprofits Footprint Project and Convoy of Hope, both of which work to help U.S. communities prepare for, respond to and recover from natural disaster.

From Household Action to Collective Impact

As energy challenges intensify across the U.S., from grid instability to rising electricity bills and extreme climate disasters, households are increasingly seeking energy independence. However, improving home energy resilience is only part of the solution.

EcoFlow’s position is that that true impact goes beyond individual households. By partnering with nonprofits and empowering users to contribute through active participation, the company extends the value of home energy innovation into broader social responsibility. This aids not just people who have the ability to upgrade their homes, but also the larger community, which faces energy insecurity during times of crisis.

Extending Impact Through “Power for Rescue”

This initiative builds on EcoFlow’s long-standing corporate social responsibility program, “Power for Rescue,” focused on delivering clean and reliable energy to communities affected by disasters. Through partnerships with organizations such as Footprint Project and Convoy of Hope, EcoFlow has supported emergency response efforts by providing portable power solutions, enabling critical services during outages, and helping communities rebuild with more resilience. Since 2024, EcoFlow has contributed equipment donations in North America with a total MSRP value of over $334,000, underscoring its sustained commitment to disaster relief efforts. 

The $50,000 donation generated through the Home Upgrade Program will further support these efforts, contributing to ongoing disasters preparedness, response and recovery initiatives across vulnerable regions.

“Our organization deploys sustainable infrastructure to empower community resilience,” said Footprint Project’s Founding Director, Will Heegaard. “EcoFlow’s commitment to energy independence within communities makes them a natural partner.”

Ethan Forhetz, Vice President of Public Engagement of Convoy of Hope, said “Convoy of Hope is incredibly grateful to partner with EcoFlow. This partnership during times of disaster allows Convoy to deliver comfort and a measure of normalcy to people through portable power units.

“The gift of power is a huge part of people getting back on their feet following disasters. This campaign will better equip Convoy of Hope to meet the needs of disaster survivors during very difficult times — thanks to the generosity of EcoFlow and their customers,” Forhetz said.

Looking Ahead: Scaling Impact Through Community and Innovation

“By converting user engagement into tangible contributions, EcoFlow continues to expand the role of energy technology beyond products and into purpose,” said Brian Essenmacher, Head of Business Development of North America for EcoFlow. “We remain committed to working alongside the global community and nonprofit partners to expand our reach and supporting those in need.”

About Footprint Project

Footprint Project’s mission is to help build back greener after climate disasters by mobilizing cleaner energy for communities in crisis. They are a 501(c)(3) non-profit disaster service organization that develops and deploys sustainable infrastructure to empower community resilience. Footprint Project works across the disaster management cycle to expand frontline access to climate technologies and reduce fossil fuel use in the field. Since 2018, they’ve mobilized solar generators to 30+ disaster response and recovery missions, supported 250+ resilience hubs and provided emergency power access to 50,000+ people.”

About Convoy of Hope

Convoy of Hope is a global, faith-based organization that serves vulnerable communities. By partnering with local churches, businesses, civic organizations, and government agencies, Convoy has strategically offered help and hope in more than 130 countries around the world. Since its founding in 1994, Convoy of Hope has served 300 million people and counting. Visit convoyofhope.org to learn more.

About EcoFlow

EcoFlow is a leading provider of eco-friendly energy solutions, committed to powering a new world. Since its founding in 2017, EcoFlow has aimed to be the FIRST in power solutions — Flexible, Innovative, Reliable, Simple, and Thorough — for individuals and families, whether at home, outdoors or on the go. With a smart manufacturing center in China, and headquarters in the USA, Germany and Japan, EcoFlow has empowered over 5 million users in 140 markets worldwide. For more information, visit https://www.ecoflow.com/us.

Dahua Technology Releases 2025 ESG Report: Advancing Sustainable Development Through Digital Intelligence

HANGZHOU, China, April 28, 2026 /PRNewswire/ — Dahua Technology, a world-leading video-centric AIoT solution and service provider, has released its seventh Environmental, Social and Governance (ESG) Report, outlining its ongoing efforts in sustainable development under its mission of “enabling a smarter society and better living.”

In 2025, Dahua further integrated ESG strategies into its global operations, focusing on green development, compliance, and responsible use of technology. The company was awarded a Silver Medal by EcoVadis, ranking among the top 15% of companies worldwide.

Expanding AIoT Innovation Across Industries

Dahua continued expanding AIoT applications across industrial, urban, and environmental scenarios. In industries such as new energy and petrochemicals, intelligent inspection solutions supported safer operations and improved maintenance efficiency. In urban environments, AI-based traffic and infrastructure monitoring systems assisted in traffic management and incident response, contributing to more stable city operations. In environmental protection, Dahua applied video and sensing technologies to biodiversity monitoring projects, including collaboration with World Wide Fund for Nature (WWF) on wetland conservation. AIoT solutions were also applied in healthcare and education to improve operational efficiency and accessibility in daily services.

Accelerating Green and Low-Carbon Development

In 2025, Dahua advanced low-carbon transformation across its operations. The company expanded its photovoltaic systems, adding approximately 6.33 MW of installed capacity, a 78% year-on-year increase. Annual self-consumed solar power generation reached 11,080.70 MWh. At the manufacturing level, Dahua advanced “lights-out” factories, with AGVs covering an additional 30,000 m2, improving logistics efficiency by 50%. On the product side, Dahua continued developing energy-efficient solutions, including solar-powered 4G devices, outdoor battery-powered cameras, and 480kW DC charging systems, to reduce carbon emissions. The company obtained over 150 green product certifications and completed more than 40 product carbon footprint reports. It also optimized packaging design, reducing average volume by 20% and improving storage and transportation space utilization by 300%.

Strengthening Governance, Compliance and Data Security

Dahua strengthened its governance framework by integrating compliance management across its global operations and reinforcing business ethics and information security standards. The company has obtained multiple certifications, including GB/T 35770-2022 for compliance management, ISO 9001 for quality management, and ISO 28000 for supply chain security. During the year, there were no product recalls due to quality or safety issues. In cybersecurity and privacy protection, Dahua continued to align with international standards such as CE-RED, ISO 27701, and ISO 27018, while operating a vulnerability monitoring system for risk detection and response. Dahua also advanced AI governance practices, including alignment with ISO/IEC 42001 for artificial intelligence management.

Driving Community Engagement and Social Impact

In 2025, Dahua supported disaster relief and community initiatives across multiple regions. In Europe, the company contributed to reforestation efforts in Madrid following wildfires, supporting ecological restoration. Dahua also worked with charitable organizations such as Rêves in France and Starlight in Australia to support children with critical illnesses. In Southeast Asia, Dahua participated in emergency response efforts, including flood relief in Indonesia and post-earthquake assistance in Myanmar.

For more information, please visit the 2025 Dahua ESG Report.

Upbeat Technology to Showcase World’s Smallest AI-Powered MEMS Vibration Sensors at Sensors Converge 2026

Tiny AI Engine Enables Crystal-Clear Voice in OWS Headsets, Smart Glasses, and Intelligent Voice Recorders, and Powers Predictive Maintenance for Industrial Automation

SANTA CLARA, Calif., April 28, 2026 /PRNewswire/ — Upbeat Technology, a pioneer in ultra-low-power compute, voice, and edge AI sensing solutions, today announced it will exhibit and present at Sensors Converge 2026, May 5–7, in Santa Clara, CA. The company will spotlight its latest family of MEMS vibration sensors and Vibration Processing Units (VPU)—including the UPM01 and UPM02 series—alongside its UP201/301 dual-core RISC-V AI MCU, all engineered to deliver exceptional voice clarity and predictive intelligence in an almost impossibly small footprint. In addition, it will demonstrate a new Falcon Demo Kit, a machine-vibration application, open wearable stereo headsets (OWS), smart glasses, a smart voice recorder, an AI smart toy, and a drone.  

Upbeat_Tech_MEMS_Sensors_and_MCU_RiSCV
Upbeat_Tech_MEMS_Sensors_and_MCU_RiSCV

The UPM01/UPM02 Vibration Processing Unit (VPU)—also known as a Bone Conduction Microphone (BCM)—measures just 3.2 × 2.5 mm, and the UP201 dual-core RISC-V AI MCU is equally compact at 3.0 × 3.0 mm. Together, they form Upbeat’s “Tiny AI Engine”: a powerful, power-sipping platform that brings on-device intelligence to wearables, industrial systems, drones, and consumer electronics.

The UPM01 series supports multiple interface variants—UPM01A (analog), UPM01Ax (higher-sensitivity analog), UPM01D (digital), and UPM01Dx (higher-sensitivity digital)—while the UPM02 goes further, offering both analog and digital options alongside a higher signal-to-noise ratio (SNR) for applications where audio clarity is critical. Mass production shipments for the UPM01/UPM02 are underway, with the UP201/UP301 scheduled to ship in October 2026.

The timing matches a surge in industry demand: according to Mordor Intelligence, the global MEMS sensor market is forecast to grow from $20.24 billion in 2026 to $29.08 billion by 2031, driven by pervasive edge-AI deployment, miniaturization in wearables, and surging demand for smart industrial systems.

Featured Demonstrations at Sensors Converge

Open-Wearable Stereo (OWS) Headsets

With 2 million OWS units expected by mid-2026 and 1 million already shipped, the UPM01/UPM02 dual-microphone system pairs a Bone Conduction Microphone with a traditional air microphone. Advanced sensor fusion algorithms deliver Environmental Noise Cancellation (ENC) in environments up to 90 dB—such as subway stations or busy roadsides—where conventional microphone arrays fail.

Smart Glasses with AI Voice Interaction

The UPM02, mounted in the nose-bridge area of smart glasses frames, achieves frequency response up to 6 kHz for women’s voices—double the ~2 kHz typical of leading competitors. The same dual-microphone architecture used in OWS headsets ensures reliable, studio-quality voice interaction with AI services in the noisiest surroundings.

Smart AI Voice Recorder

Upbeat’s MEMS sensors power voice recorders that capture both local and remote audio for AI-driven transcription and meeting summarization. With a frequency response exceeding 10 kHz—well above that of competing solutions—the platform is already shipping in real-world products across the U.S. and Europe.

Factory Machine Vibration Prognostics

The UP201 dual-core RISC-V AI MCU, combined with the UPM01 vibration sensor, continuously monitors machine vibration patterns in the 20 kHz range for overhead cranes, conveyor systems, semiconductor equipment, drone motors, and other industrial equipment. By detecting subtle anomalies in real time, the platform enables proactive maintenance, reducing unplanned downtime by over 90%.

Smart AI Toys with Touch Gesture Recognition

Its MEMS sensors enable swipe (left/right/up/down) and double-tap touch gesture recognition in AI toys, creating more intuitive and engaging interactions for children—without sacrificing battery life.

“At Sensors Converge, we’re excited to show how a sensor  2% the area of a 2032 cell battery can power the most demanding, voice, motion, and industrial applications,” said Jerry Chen, CEO and founder of Upbeat. “Our Tiny AI Engine is redefining what’s possible at the edge—enabling always-on intelligence without sacrificing battery life or adding bulk.”

Upbeat Falcon Demo Kit:

Debuting the UP301 + UPM01 Falcon Demo Kit—a complete, ready-to-run evaluation platform for machine vibration analysis. The kit includes a UP201 dual-core RISC-V AI MCU EVB, variable-speed motor, two UPM01D FPCs, power adapter, and access to the Falcon GUI (UVAS — Upbeat Vibration Analysis Suite). Designed for engineers who want to prototype and validate predictive maintenance solutions rapidly, the Falcon Demo Kit will be on live display and available for purchase at http://www.upbeattechtw.com/products/demo-kits.

Visit Upbeat at Sensors Converge, Booth 755 in the Startup Tech Zone, May 5–7, 2026. Attendees and media can schedule briefings or live demonstrations by contacting Linda Ferguson. Jerry Chen, CEO and Founder of Upbeat Technology, will also present on May 6 at 3:00 PM at the Tech Zone Stage, discussing how ultra-miniaturized MEMS sensors and edge AI are transforming wearables, industrial IoT, and intelligent sensing ecosystems.

About Upbeat Technology

Upbeat Technology, headquartered in Taipei, Taiwan, is an award-winning pioneer in ultra-low-power compute, voice, and edge AI sensing. With numerous patents in microstructural and AI acceleration technologies, its UP201/301 dual-core RISC-V MCUs power IoT devices from sensors to industrial systems, while the UPM01/UPM02 Bone Conduction MEMS microphone delivers superior audio for wearables and voice applications. Optimized for always-on IoT, drones, and smart factories, Upbeat partners globally to enable intelligent, sustainable, and energy-efficient connected systems. For more information, contact info@upbeattechtw.com or visit upbeattechtw.com.

Media Contact:
Linda Ferguson
1+503-869-5827
linda@upbeattechtw.com

 

Marking 10 Years in Vietnam, MINISO Unveils The Country’s First MINISO FRIENDS in Ho Chi Minh City

HO CHI MINH CITY, Vietnam, April 28, 2026 /PRNewswire/ — On April 25, as it marks its 10th anniversary in the Vietnam market, MINISO opened Vietnam’s first MINISO FRIENDS store at Van Hanh Mall in Ho Chi Minh City. The newly renovated store features an immersive, IP‑driven environment, introducing an upgraded retail experience centered on popular IPs. As MINISO’s most advanced store format in Vietnam, MINISO FRIENDS reflects the brand’s continuous evolution in store concepts and consumer experiences.

Grand Opening of Vietnam's First MINISO FRIENDS
Grand Opening of Vietnam’s First MINISO FRIENDS

Located on the 3rd floor of Van Hanh Mall, the newly renovated MINISO FRIENDS store is designed around strong character visuals and IP‑led merchandising. The space is organized into dedicated IP zones spanning collectibles, blind boxes, and plush toys, as well as beauty products and everyday accessories. Character‑led installations featuring Stitch, Winnie the Pooh, and Gift Bear—alongside dedicated YOYO displays—bring IP storytelling into the physical space, creating a highly photo‑friendly and immersive retail environment that encourages exploration and engagement.

MINISO FRIENDS Lands at Van Hanh Mall with an Exciting Expanded Lineup of Beloved IPs
MINISO FRIENDS Lands at Van Hanh Mall with an Exciting Expanded Lineup of Beloved IPs

As a newly introduced format, MINISO FRIENDS is built around IP‑led retail experiences, featuring a higher concentration of IP products and immersive in‑store scenarios that encourage offline exploration. At Van Hanh Mall, the store brings together a wide range of globally popular IPs, with IP products accounting for approximately 70% of the overall assortment, while also serving as a key launch destination for new and trending IP toy offerings in Vietnam.

Consumers in MINSO FRIENDS Store
Consumers in MINSO FRIENDS Store

Highlights include fan‑favorite collaborations such as Sanrio, Chiikawa, and the proprietary IP YOYO, with first‑release products including the YOYO Fly with the Wind Series, Sanrio SEA‑exclusive Hello Kitty Leopard collection, and Chiikawa Sakura Season Collection. In addition, globally recognized IPs making their Vietnam debut—such as Star Wars and Luo Xiaohei—further expand the store’s diversified IP lineup, bringing both established and newly launched IP experiences together in one space.

MINISO's Proprietary IP YOYO
MINISO’s Proprietary IP YOYO

A highlight of the store opening was the appearance of influential popular singer Quân A.P, alongside a series of fan‑focused activities. Throughout the day, Gift Bear mascot performances created interactive moments with strong audience participation. Visitors were also invited to take part in the “Exchange YOUR Blind Box” event, centered on the limited Sanrio Forest Animal Series vinyl plush blind boxes. The activity showcased MINISO’s diverse IP-driven interactive experiences and sparked strong enthusiasm among hundreds of fans.

As MINISO marks its 10th anniversary in the Vietnam market, the launch of MINISO FRIENDS reflects the brand’s continued development and evolution at the local level. Since opening its first store in Vietnam in 2016, MINISO has steadily expanded its presence across the country, with stores located in key commercial districts and landmarks such as the Landmark 81 area, Vincom Times City, Hoan Kiem Lake, and Nha Trang Center, reaching more than 30 major cities including Ho Chi Minh City, Hanoi, Da Nang, Hai Phong, and Nha Trang.

MINISO FRIENDS at Van Hanh Mall, Ho Chi Minh City
MINISO FRIENDS at Van Hanh Mall, Ho Chi Minh City

Over the past decade, MINISO has continued to bring globally popular as well as proprietary IP products to consumers through IP‑driven retail scenarios, creating enjoyable and accessible shopping experiences for a broad consumer base. Looking ahead, MINISO will continue developing its IP‑focused retail formats while expanding its capabilities as a leading IP operation  platform, delivering immersive in‑store experiences and making a wider range of IP content accessible to consumers across Southeast Asia and global markets.

About MINISO

MINISO Group is a global lifestyle brand offering a variety of design-led lifestyle products. The Company serves consumers primarily through its large network of MINISO stores, and promotes a relaxing, treasure-hunting and engaging shopping experience full of delightful surprises that appeals to all demographics. Aesthetically pleasing design, quality and affordability are at the core of every product in MINISO’s wide product portfolio, and the Company continually and frequently rolls out products with these qualities. Since the opening of its first store in China in 2013, the Company has built its flagship brand “MINISO” as a globally recognized retail brand and established a massive store network worldwide.

SMU establishes subsidiary in Indonesia to accelerate talent development and employability in AI-driven economy

SINGAPORE and JAKARTA, Indonesia, April 28, 2026 /PRNewswire/ — Singapore Management University (SMU) has formally launched SMU Indonesia as a subsidiary, signalling a long-term strategic commitment to strengthening Indonesia’s talent pipeline and employability outcomes in an era of rapid technological disruption.

Positioned as a bridge between academia, industry and government, SMU Indonesia will work with Indonesian partners to co-develop executive development and future-ready skills courses across sectors undergoing structural transformation. These include banking and finance, natural resources, mining, energy, telecommunications and infrastructure, logistics, and transportation.

The move reflects SMU’s conviction that talent development in ASEAN’s largest economy is both an economic imperative and a shared regional priority. Having an enlarged presence in Indonesia will also enable SMU to work more closely with local partners and collaborators.

Aligning with Indonesia’s “triple readiness” workforce agenda

Indonesia’s Ministry of Manpower has identified the need for “triple readiness” in the workforce, where technical, digital and core human skills must evolve in tandem by 2030. This comes as the country accelerates efforts to embed digital literacy within higher education, recognising the importance of equipping future workers with AI and digital skills.

Recent data from Statistics Indonesia (BPS) underscores the urgency. One-third of young workers are currently employed in roles that do not match their level of education, while youth unemployment remains more than twice the national average. Each year, around 3.5 million graduates enter the workforce, intensifying pressure on job-market alignment.

SMU Indonesia is designed to directly respond to this gap by aiming to scale collaborative programmes that connect education outcomes to real industry demand across both Indonesia and Singapore.

Against this backdrop, President Lily Kong, President, Singapore Management University noted:

“Indonesia stands at a defining moment in its development, where the strength of its human capital will determine the trajectory of its economic transformation. At SMU, we believe universities must evolve beyond their traditional roles to become active partners in shaping workforce outcomes.

The establishment of SMU Indonesia as a subsidiary reflects our deep and long-term commitment to this vision. By working closely with government, industry and academic partners, we are not only responding to immediate human capital needs, but co-creating an ecosystem where talent can continuously adapt, move and thrive across borders.

In doing so, we hope to contribute meaningfully to Indonesia’s ‘triple readiness’ agenda, supporting the development of a workforce across Indonesia that is technically proficient, digitally fluent and grounded in the human capabilities that will remain indispensable in an AI-driven world.”

From academic institution to workforce partner

SMU Indonesia’s transition into a subsidiary underscores SMU’s confidence in Indonesia’s long-term growth trajectory and enables deeper engagement in market-relevant training, applied research and executive education.

It also expands partnerships with government agencies and leading institutions, including Indonesia’s Ministries of Education and Manpower, Bank Indonesia, and Universitas Indonesia, University of Gajah Mada and Institute of Technology Bandung.

Flagship initiatives driving workforce relevance

SMU Indonesia’s applied model is reflected in several flagship initiatives:

  • AI-inclusive workforce transformation
    Programmes led by SMU’s Resilience and Workforce Transformation (ResWORK) initiative examine how AI disruption is reshaping youth employment and industry skills demand.
  • Urban innovation capability building
    Collaboration with Jakarta Smart City supports talent development in digital urban solutions and sustainable city planning.
  • Industry-embedded learning
    Partnerships with banking, energy, and natural resources sectors co-design curricula aligned with evolving job roles and leadership development.
  • Bilateral talent mobility
    Exchange and experiential learning programmes, including the Global Ready Talent initiative and Global Summer Programme, enhance graduate employability across Indonesia and Singapore.

Haryanto Adikoesoemo, President Director of AKR and Chair of SMU International Advisory Council Indonesia, added:

“Indonesia faces a skill gap in areas such as data science, AI, cybersecurity and cloud computing, which makes it difficult to support the demand driven by high growth companies in the digital economy. I hope that the reinvigorated SMU Indonesia can work even closer with Indonesian academia, private and public sectors and support our talent challenges and build an even stronger future economy.”

As Indonesia accelerates digitalisation and industrial upgrading, SMU Indonesia aims to provide a platform to better align education with emerging job markets. The initiative also strengthens Singapore–Indonesia talent integration, positioning universities as active workforce partners rather than traditional education providers.

-END-

About SMU Indonesia

SMU Indonesia, registered as PT SMU International Indonesia in 2025, is a subsidiary company of Singapore Management University (SMU).  It builds on the foundation of SMU’s Overseas Centre representative office in Jakarta, the University’s first representative office overseas that was launched in December 2022. SMU Indonesia seeks to deepen SMU’s engagement with/in Indonesia and contribute further to Indonesia’s social and economic development. This strategic move signals SMU’s long-term commitment to Indonesia’s growth and talent development. SMU Indonesia will independently deliver non-degree executive leadership programmes and customised training in Indonesia. It also serves as a contact node to support student mobility (including internships and study visits), alumni engagement, knowledge exchange, student outreach, and research collaborations with partners across academia, industry, and government agencies across Indonesia.

SMU Indonesia complements SMU’s Representative Offices in Bangkok and Ho Chi Minh City, which focus on partnership development and engagement, and student mobility support in their respective markets. Together, SMU’s overseas offices facilitate collaboration and connections within and between Asia and SMU’s global partners.

About SMU

A premier university in Asia, SMU is internationally recognised for its world-class research and distinguished teaching. Established in 2000, SMU’s mission is to generate leading-edge research with global impact and to produce broad-based, creative, and entrepreneurial leaders for the knowledge-based economy. SMU’s education is known for its highly interactive, collaborative, and project-based approach to learning.

Home to over 13,000 students across undergraduate, postgraduate professional and postgraduate research programmes, SMU comprises eight schools: School of Accountancy, Lee Kong Chian School of Business, School of Economics, School of Computing and Information Systems, Yong Pung How School of Law, School of Social Sciences, College of Integrative Studies, and College of Graduate Research Studies. SMU offers a wide range of bachelors’, masters’, and PhD degree programmes in the disciplinary areas associated with its schools, as well as in multidisciplinary combinations of these areas.

SMU emphasises rigorous, high-impact, multi- and interdisciplinary research that addresses Asian issues of global relevance. SMU faculty members collaborate with leading international researchers and universities around the world, as well as with partners in the business community and public sector. SMU’s city campus is a modern facility located in the heart of downtown Singapore, fostering strategic linkages with business, government, and the wider community. www.smu.edu.sg

 

ISCA Highlights Year of Investment and Growth at AGM With Accumulated Reserves at $116 Million, Measured at Fair Value


SINGAPORE – Media OutReach Newswire – 28 April 2026 – The Institute of Singapore Chartered Accountants (ISCA) held its 2025/2026 Annual General Meeting (AGM) on 24 April 2026, where members reflected on a year of deliberate investment to strengthen member value and looked ahead to the priorities for the year ahead. The AGM also saw the election and appointment of the 2026 ISCA Council.

This year’s AGM saw members returning to Singapore to attend in person, alongside strong participation from those joining virtually.

A year of reset and strategic investment

In 2025, ISCA recorded its first operating deficit in a decade. This was the result of a deliberate decision to invest in areas that will strengthen the Institute’s long-term value to members and the profession. ISCA continues to maintain a strong financial position, with healthy reserves and a resilient balance sheet.

Rather than maintaining the status quo, ISCA undertook a year of reset and renewal, with spending focused on building stronger capabilities, growing the talent pipeline, expanding into new markets and building new growth engines.

ISCA emphasised that these investments were not made for growth alone, but more importantly, to better support members and provide greater member value in a rapidly evolving business and professional landscape.

Looking ahead, ISCA’s priorities remain clear: to deliver a better member experience, strengthen the talent pipeline and enhance its regional relevance. In 2026, the focus will be on ensuring that these investments translate into tangible and visible outcomes for members.

Expanding opportunities through internationalisation

At the AGM, ISCA Council and management addressed members’ questions on the institute’s plans to expand internationally. ISCA’s regional efforts are aimed at making it easier for members to access opportunities beyond Singapore. For members based in Singapore, this means more job opportunities, potential clients and partnerships across the region. For members based overseas, it means stronger local support and a more connected ISCA network where they live and work. ISCA CEO Ms Fann Kor cited an example of a member who had spent over 20 years building his career in China and was looking to return to Singapore. Through ISCA’s network, he was connected to a listed company seeking deep China experience, creating an opportunity that would otherwise have been difficult to access.

Progress across key areas

Despite being an investment year, ISCA reported progress across several areas:

  • Membership grew to 43,500, with 11% growth and a 98.3% renewal rate
  • ISCA House recorded 30,000 visits, with member satisfaction at 94%
  • Singapore Chartered Accountant Qualification (SCAQ) candidate numbers grew by 37%, including 400 overseas candidates
  • ISCA expanded its regional footprint to 12 overseas chapters across 9 countries, with 6 overseas offices and 3 Professional Services Centres
  • Chartered Accountants Lab (CA Lab) readership reached 39,000, across more than 30 countries
  • ISCA developed 8 AI agents and implemented 180 system enhancements to improve access and member experience
  • ISCA Academy delivered close to 199,000 Continuing Professional Development (CPD) hours, while reducing average cost per hour by 6% to $37.70
  • ISCA Cares marked its 10-year milestone, disbursing $1.5 million and supporting nearly 500 students
  • For the first time, SCAQ is being promoted beyond Singapore, making ISCA the first professional body in Asia to promote our national CA qualification overseas
  • The SCAQ was embedded in an overseas university for the first time, at Nanjing University of Finance and Economics

2026 ISCA Council Lineup

The newly-elected Council Members are:

  • Mr Alan Chang Chi Hsung, Managing Director, OA Assurance PAC
  • Ms Chua Siew Hwi, Senior Vice President, Changi Airport Group
  • Mr Quah Zheng Wei, CEO, Accredify Pte Ltd
  • Ms Tan Aik Na, Senior Vice President (Administration), Nanyang Technological University
  • Ms Yong Zen Yun, Partner, General Assurance Leader, Pricewaterhousecoopers LLP

The re-elected Council Members are:

  • Ms Jocelyn Goh Chern Ni, Audit & Assurance Partner, BDO LLP
  • Mr Koh Wee Kwang, Director, Nexia Singapore PAC
  • Mr Lee Boon Teck, Regional Managing Partner, Audit & Assurance, Deloitte & Touche LLP

The Council also appointed Ms Juliet Teo Juet Sim, Joint Head, Portfolio Development Group and Head, Ecosystem Enablement, Temasek Singapore Pte Ltd. Ms Teo was appointed for her expertise on how the finance profession is evolving in response to changing business models, sustainability priorities and global economic trends.

Office bearers

At the first Council meeting following the AGM, the ISCA office bearers were appointed. Mr Teo Ser Luck, immediate past president, was also appointed as ISCA Adviser.

President: Mr Lee Boon Teck

Vice Presidents:

  • Ms Ang Suat Ching
  • Ms Jocelyn Goh

Treasurer: Mr Song Yeow Chung

Secretary: Ms Judy Ng

Leadership perspectives

The newly elected ISCA President, Mr Lee Boon Teck, said: “The investments we have made over the past year lay the groundwork for a stronger, more connected profession. Our focus now is to ensure that every member, whether they are starting their career, leading an organisation, or building a practice overseas, can see and feel the difference ISCA makes. I am honoured to lead ISCA at this pivotal moment, and I look forward to working with the Council and our members to build on the strong foundations we have in place.”

ISCA Adviser and immediate past President Mr Teo Ser Luck said: “It has been a great privilege to serve ISCA, our members, and the accountancy sector over the past four years. This journey has been one of the most fulfilling I have ever embarked on. None of it would have been possible without an exceptional Council, a dedicated management team, and members who believed in what we were building together. My sincere appreciation to ISCA and our members for the opportunity to serve.”

ISCA CEO Ms Fann Kor said: “2025 was a year of deliberate investment to strengthen what matters most to our members and to the profession. We invested in the talent pipeline, member support, digital capability and regional connectivity so that ISCA can continue to stay relevant and useful in a changing environment. I would also like to thank Mr Teo Ser Luck for his leadership and contributions over the past four years. Under his stewardship, ISCA made meaningful progress in strengthening the profession, growing the Singapore CA Qualification and expanding our regional footprint. Management looks forward to working closely with the new Council to turn these investments into stronger outcomes and clearer value for members.

For the biographies of the elected office bearers, new and re-elected Council Members, please click here.
Hashtag: #DifferenceMakers #Accountancy #ISCACouncil #AGM

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

Institute of Singapore Chartered Accountants (ISCA)

The Institute of Singapore Chartered Accountants (ISCA) is the national accountancy body of Singapore. Established in 1963, ISCA administers the Singapore Chartered Accountant Qualification programme and is the designated entity by the Singapore Ministry of Finance to confer the Chartered Accountant of Singapore [CA (Singapore)] designation.

ISCA supports over 43,000 members across industries in Singapore and globally, with members in more than 40 countries. With a growing international presence, ISCA has 12 overseas chapters, 7 offices across 10 countries and a network of over 150 strategic partners, strengthening professional connections and opportunities across borders. ISCA is also a member of Chartered Accountants Worldwide, a global network representing more than 1.8 million Chartered Accountants and students across over 190 countries.

ISCA advances professional development and lifelong learning through ISCA Academy, its training arm and drives community impact through ISCA Cares, its charity arm.

For more information, visit .

Cyberport and NSTDA’s Thailand Science Park Sign MoU to Accelerate I&T Collaborations beyond Borders Synergising Bilateral Ecosystem to Augment I&T Impact in ASEAN Markets

HONG KONG SAR – Media OutReach Newswire – 28 April 2026 – Cyberport today signed a Memorandum of Understanding (MoU) with National Science and Technology Development Agency (NSTDA) acting through Thailand Science Park (TSP), to establish a strategic partnership that strengthens innovation and technology (I&T) collaboration between Hong Kong and Thailand.

Cyberport today (28 April 2026) signed a Memorandum of Understanding (MoU) with National Science and Technology Development Agency (NSTDA) acting through Thailand Science Park (TSP), to establish a strategic partnership that strengthens innovation and technology (I&T) collaboration between Hong Kong and Thailand. Witnessed by Simon Chan, Chairman of Cyberport and Dr Chularat Tanprasert, Executive Vice President of NSTDA and Director of Thailand Science Park, the MoU was signed by Ir Eric Chan, Chief Public Mission Officer of Cyberport and Professor Dr Sukit Limpijumnong, President of NSTDA.
Cyberport today (28 April 2026) signed a Memorandum of Understanding (MoU) with National Science and Technology Development Agency (NSTDA) acting through Thailand Science Park (TSP), to establish a strategic partnership that strengthens innovation and technology (I&T) collaboration between Hong Kong and Thailand. Witnessed by Simon Chan, Chairman of Cyberport and Dr Chularat Tanprasert, Executive Vice President of NSTDA and Director of Thailand Science Park, the MoU was signed by Ir Eric Chan, Chief Public Mission Officer of Cyberport and Professor Dr Sukit Limpijumnong, President of NSTDA.

This marks a significant milestone for both sides since their first collaboration in 2024. The partnership aims to build a collaborative framework between Cyberport and NSTDA acting through TSP, create a reciprocal market-access gateway to facilitate start-ups’ entry into both the Thai and Hong Kong markets through ecosystem support, soft landing initiatives, and cross market collaboration, as well as promote knowledge exchange, industry engagement, and joint initiatives in emerging technology sectors, including artificial intelligence, smart city solutions, and other digital technologies.

Cyberport today signed a Memorandum of Understanding (MoU) with National Science and Technology Development Agency (NSTDA) acting through Thailand Science Park (TSP), Group photo with Simon Chan, Chairman of Cyberport (centre-left); Dr Sukit Limpijumnong, President of NSTDA (centre-right); Ir Eric Chan, Chief Public Mission Officer of Cyberport (fourth from left); Dr Chularat Tanprasert, Executive Vice President of NSTDA and Director of Thailand Science Park (fourth from right); Parson Lam, Director of the Hong Kong Economic and Trade Office in Bangkok (third from left); Leung Kwan Ho, Associate Director, Hong Kong Trade Development Council (second from right); and Mr Joseph Koc, Ambassador of Thailand (third from right).
Cyberport today signed a Memorandum of Understanding (MoU) with National Science and Technology Development Agency (NSTDA) acting through Thailand Science Park (TSP), Group photo with Simon Chan, Chairman of Cyberport (centre-left); Dr Sukit Limpijumnong, President of NSTDA (centre-right); Ir Eric Chan, Chief Public Mission Officer of Cyberport (fourth from left); Dr Chularat Tanprasert, Executive Vice President of NSTDA and Director of Thailand Science Park (fourth from right); Parson Lam, Director of the Hong Kong Economic and Trade Office in Bangkok (third from left); Leung Kwan Ho, Associate Director, Hong Kong Trade Development Council (second from right); and Mr Joseph Koc, Ambassador of Thailand (third from right).

Witnessed by Simon Chan, Chairman of Cyberport and Dr Chularat Tanprasert, Executive Vice President of NSTDA and Director of Thailand Science Park, the MoU was signed by Ir Eric Chan, Chief Public Mission Officer of Cyberport and Professor Dr Sukit Limpijumnong, President of NSTDA.

Simon Chan, Chairman of Cyberport, said, “NSTDA and Thailand Science Park on our side will add strength to Cyberport’s ever-growing ASEAN alliances, paving the way to Hong Kong and Chinese Mainland companies to take a stronghold in ASEAN markets. We look forward to supporting high-potential companies from Thailand to capitalise on the vast markets in the Greater Bay Area and the wider Chinese Mainland, and global markets. Together we will continue to serve as a gateway to empower Asian innovators and attract worldwide entrepreneurs.”
Simon Chan, Chairman of Cyberport, said, “NSTDA and Thailand Science Park on our side will add strength to Cyberport’s ever-growing ASEAN alliances, paving the way to Hong Kong and Chinese Mainland companies to take a stronghold in ASEAN markets. We look forward to supporting high-potential companies from Thailand to capitalise on the vast markets in the Greater Bay Area and the wider Chinese Mainland, and global markets. Together we will continue to serve as a gateway to empower Asian innovators and attract worldwide entrepreneurs.”

Simon Chan, Chairman of Cyberport, said, “Cyberport, as Hong Kong’s digital tech hub, AI accelerator and key incubator, supported companies to have expanded to Thailand, the broader ASEAN region along the Belt and Road, and over 35 markets worldwide. NSTDA and Thailand Science Park on our side will add strength to Cyberport’s ever-growing ASEAN alliances, paving the way to Hong Kong and Chinese Mainland companies to take a stronghold in ASEAN markets. We look forward to supporting high-potential companies from Thailand to capitalise on the vast markets in the Greater Bay Area and the wider Chinese Mainland, and global markets. This partnership significantly expands our bilateral collaborations in company soft-landing, ecosystem connection and proof-of-concept initiatives. Together we will continue to serve as a gateway to empower Asian innovators and attract worldwide entrepreneurs, to capitalise on new opportunities for digital economy and smart cities under the AI+ era.”

Professor Dr. Sukit Limpijumnong, President of NSTDA, said, “The collaboration is designed to establish practical mechanisms to support start-ups in expanding internationally, including market entry, industry partnerships, and pilot or proof-of-concept deployments. TSP and Cyberport have been working closely in recent years to support start-up growth, with a notable milestone being the success of Nano Coating Tech, a Thai deep tech start-up that was successfully admitted into Cyberport Incubation Programme.”
Professor Dr. Sukit Limpijumnong, President of NSTDA, said, “The collaboration is designed to establish practical mechanisms to support start-ups in expanding internationally, including market entry, industry partnerships, and pilot or proof-of-concept deployments. TSP and Cyberport have been working closely in recent years to support start-up growth, with a notable milestone being the success of Nano Coating Tech, a Thai deep tech start-up that was successfully admitted into Cyberport Incubation Programme.”

Professor Dr. Sukit Limpijumnong, President of NSTDA, said, “The collaboration is designed to establish practical mechanisms to support start-ups in expanding internationally, including market entry, industry partnerships, and pilot or proof-of-concept deployments. TSP and Cyberport have been working closely in recent years to support start-up growth, with a notable milestone being the success of Nano Coating Tech, a Thai deep tech start-up specialising in advanced nano coating solutions for industrial applications and solar panels, that successfully got admitted into Cyberport Incubation Programme for funding up to HK$500,000 and comprehensive support,”

NSTDA, as an autonomous government agency, manages Thailand’s leading tech park, Thailand Science Park (TSP). Established in 2002 as Thailand’s first and largest science and technology park, TSP is designed to promote I&T development and R&D activities. NSTDA’s ecosystem is anchored by five national research centres, namely National Centre for Genetic Engineering and Biotechnology (BIOTEC), National Metal and Materials Technology Centre (MTEC), National Electronics and Computer Technology Centre (NECTEC), National Nanotechnology Centre (NANOTEC), and National Energy Technology Centre (ENTEC).

Alongside these centres, TSP is home to over 120 technology companies, nearly 40 percent of which are international firms. This reflects TSP’s role as a regional R&D hub in ASEAN, trusted by both local and global technology companies that choose Thailand as a base for technology development. This is supported by a strong pool of talent and advanced testing infrastructure that meets international standards.

NSTDA has been a long-standing strategic partner of Cyberport through TSP since 2024. Both sides have co-created programmes, global landing initiatives and webinars, facilitated deep-tech start-ups joining Cyberport Incubation Programme, and facilitated Cyberport start-ups joining TSP for market expansion.

Today’s MoU establishes a framework for joint activities that will support start-ups and technology companies from both Hong Kong and Thailand ecosystems. Key initiatives include:

  • Support start-ups and technology companies recommended by either side in exploring market opportunities, establishing presence, and expanding operations within the respective innovative ecosystems.
  • Facilitate connection to relevant industry partners, research institutions, and corporate networks to support collaboration, investment opportunities, technology adoption, market entry, and business development expansion.
  • Encourage and support participation of start-ups in incubation programmes, entrepreneurship, ecosystem activities, community events organised by both sides.
  • Jointly organise and promote seminars, forums, networking activities, and knowledge-sharing initiatives to strengthen collaboration between the two ecosystems.
  • Explore and identify opportunities for start-ups to conduct pilot projects, technology demonstrations, or proof-of-concept initiatives with industry partners and prospective end users.

TSP will strengthen this collaboration through the “TSP Scale X Landing Programme” to fast-track international start-ups’ expansion into the Thai market, by connecting them to established partner networks and real industry demand in Thailand, while providing them with access to the country’s research and testing infrastructure.

Leveraging its role as a “super connector” and “super value-adder”, Cyberport continues to expand global partnerships to foster cross-regional growth of technology ecosystems and advance Hong Kong’s innovation on a global stage. In ASEAN, Cyberport has forged strategic collaborations with Indonesia’s Telkom University, Thailand’s Digital Economy Promotion Agency (DEPA), as well as Malaysia Digital Economy Corporation (MDEC), apart from alliances in the Middle East, East Asia and North America, further strengthening Hong Kong’s position as an international I&T hub.
Hashtag: #Cyberport

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

About Hong Kong Cyberport

Wholly owned by the Hong Kong Special Administrative Region (HKSAR) Government, Cyberport is Hong Kong’s digital tech hub and AI accelerator, with a vision to empower industry digitalisation and intelligent transformation, to promote digital economy and AI development, and to foster Hong Kong to be an international AI, innovation and technology (I&T) hub. Cyberport gathers over 2,300 companies, including 17 listed companies and 9 unicorns. One-third of onsite companies’ founders come from 27 countries and regions, while Cyberport companies have expanded to over 35 global markets.

Cyberport, with Hong Kong’s largest AI Supercomputing Centre and AI Lab as the engine, has been building the AI ecosystem with industry-leading AI companies and over 500 AI and data science start-ups. Through development of tech clusters, namely AI, data science, blockchain and cybersecurity, Cyberport empowers industries across smart city and government, banking and finance, digital entertainment, culture and tourism, healthcare, education and training, property management, construction, transportation and logistics, green environment and more, while hosting Hong Kong’s largest FinTech community. Commissioned by the HKSAR Government, Cyberport has implemented proof-of-concept and sandbox schemes, subsidisation for digital tech adoption, industry tech training and start-up incubation, to drive technology R&D, translation and commercialisation, thus propelling digital transformation and intelligent upgrade across industry and society.

Also as “State-level Scientific and Technological Enterprise Incubator” and Hong Kong’s key incubator, Cyberport supports entrepreneurs with funding and office space, extensive networks of enterprises, investors, technology corporations and professional services for business growth and expansion to Chinese Mainland and overseas markets, all-round facilitation for landing in Hong Kong, talent attraction and cultivation, ready as a launchpad to take start-ups in any stages of development to the next level.

For more information, please visit