BEIJING, July 15, 2025 /PRNewswire/ — AiMOGA, in collaboration with Chery Auto Group, successfully hosted its first Partnership Conference at the Beijing Capital International Convention Center. The event attracted over 3,000 automotive dealers and marked a key milestone in AiMOGA’s effort to scale its humanoid robot retail solutions globally.
Showcasing AiMOGA’s core strengths — from technology to service solutions
Automotive + Humanoid Robots: A Global Tech Shift in Motion
Across the globe, automakers are accelerating investments in embodied AI. The convergence of “Automotive + Humanoid Robots” is emerging as a strategic lever for next-generation intelligent service transformation. Leading OEMs such as Tesla, Toyota, and XPENG have announced their own plans. Forecasts suggest the humanoid robotics market will exceed €50 billion by 2035.
In April 2025, AiMOGA became the first project of its kind in China to deploy humanoid robots at scale—delivering 220 units worldwide. These robots integrate Chery’s autonomous driving and smart cockpit systems with AiMOGA’s proprietary large model, CheryGPT. The result: stable mobility, mult-modal understanding, and commercial-ready interaction.
From Trial to Deployment: Real-World Impact in Automotive Dealership
AiMOGA robots are already live in automotive dealerships, greeting visitors, introducing models, and supporting customer inquiries with six-directional walk-around demonstrations. In trials, they have proven to increase lead conversion and reduce front-desk workload.
The first humanoid robot, “Mornine,” already deployed in Malaysia and Hong Kong, illustrates AiMOGA’s global readiness. Its success supports plans for broader rollout in international markets.
Commercial Model Gains Momentum
More than 3,000 dealerships and retail partners attended the Beijing conference. Attendees engaged with live demonstrations and business case presentations showing how humanoid robots enhance customer experience and operational efficiency.
AiMOGA’s “smart showroom companion” concept was well received, with dealers seeing its value as a scalable differentiator in a competitive market.
A Platform Built for Global Expansion
AiMOGA’s development strategy combines core hardware and software reuse with scenario-adapted AI algorithms. The roadmap includes:
Retail deployment in the auto industry
Expansion to shopping malls and service centers
Entry into households for daily assistance
These efforts are backed by strong engineering, supply chain, and AI orchestration.
From Concept to Reality: Humanoid Robots Go to Work
What once belonged to science fiction is now operating in physical retail. AiMOGA’s humanoid robots are reshaping dealership experiences—from welcome greetings to backend integration.
Their success signals the next frontier of global intelligent automation—AiMOGA is leading the way.
W.I.G Naga team celebrating their victory (Photo: W.I.G Naga)
The young soccer players of W.I.G. NAGA, a Lao national youth team, held a golden trophy beside the Lao flag after emerging victorious at the International Youth Football Tournament held from 30 June to 6 July in Estoril, Portugal.
Lao Prime Minister Orders Nationwide Digital ID Integration in Laos. (Photo credit: alessio roversion Unsplash)
Prime Minister Sonexay Siphandone issued a directive, mandating the full integration of citizen databases and identity (ID) card systems across all ministries and state organizations.
The 8-July order requires all ministries, local authorities, and state agencies to immediately begin implementing chip-based identification cards as part of a unified digital governance framework.
The order mandates the immediate launch of a chip-based ID card and a unified database as the backbone of digital governance.
The digital ID system will streamline public services and improve coordination among government agencies. The system is designed to boost administrative efficiency while strengthening national security measures and supporting broader socio-economic development goals.
Comparison Between Laos’ Traditional ID Card System (2014 to present) and the New Digital ID Card System. (Photo credit: ວິທະຍຸປ້ອງກັນຄວາມສະຫງົບ fm101,5 Mhz)
It will also be essential for identity verification and accessing services like taxes, social security, education, healthcare, business licenses, and banking. The Ministry of Public Security has been designated as the primary agency responsible for developing and managing the national citizen database. Meanwhile, other key ministries including Justice, Finance, Health, Education, Labor, and Foreign Affairs must ensure their sectoral data systems are prepared for secure integration and seamless data exchange capabilities.
This directive builds upon earlier digital transformation efforts, including the Ministry of Technology and Communications’ 7 May announcement that Laos was prepared to advance its digital ID program.
The digital ID project officially launched in July 2024 during high-level discussions between Lao President Thongloun Sisoulith and then-Vietnamese President To Lam, coinciding with Laos’ ASEAN Chairmanship responsibilities.
President of Laos, Thongloun Sisoulith (Right) welcomed then-Vietnamese President, To Lam (left). Vientiane Capital, Laos. 11-12 July 2024. (Photo: Lao National Radio)
Cambodia's military will begin conscripting civilians next year, Prime Minister Hun Manet said, citing rising tensions with Thailand as the reason for activating a long-dormant mandatory enlistment law. (Photo by AFP)
AFP – Cambodia’s military will begin conscripting civilians next year, Prime Minister Hun Manet said Monday, citing rising tensions with Thailand as the reason for activating a long-dormant mandatory enlistment law.
HONG KONG SAR / SHANGHAI & BEIJING, CHINA / TAIPEI, TAIWAN / SYDNEY, AUSTRALIA / TOKYO, JAPAN – Media OutReach Newswire – 15 July 2025 – In a context of unprecedented geopolitical and trade uncertainty, the global economy is navigating between an expected slowdown and escalation risks. Trump’s tariff decisions and tensions in the Middle East are reshaping an unpredictable economic landscape for 2025-2026.
In this environment, and in view of the measures already in place, Coface has downgraded 23 sectors and 4 countries.
Key trends:
US tariffs, even if paused or reduced, have already reached historically high levels
Nearly 80% of advanced economies recorded an increase in defaults in the first quarter of 2025 compared to 2024
The metal sector is the most affected, and traditional industrial sectors (automotive and chemicals) are under pressure.
Other sectors that have been downgraded include:
In the United States, information and communication technologies and retail
In China, textiles and clothing, impacted by customs duties.
Global economy: uncertainty is the new normal
The global economic outlook is more uncertain than ever, as it depends heavily on (geo)political events and the trade decisions of the US President. The reintroduction of tariffs after the 90-day suspension periods (9 July for the rest of the world, 12 August for China) could have a significant impact on global growth. A marked slowdown is expected (2.2% growth in 2025 and 2.3% in 2026), with mainly downside risks – growth of below 2% cannot be ruled out if the geopolitical and trade situations escalate.
The same uncertainty naturally surrounds inflation, whose current stability could be jeopardised. It could reach 4% in the US by the end of 2025, with broader upside risks subsisting in the event of higher energy prices. The major central banks are likely to respond with a continued cautious stance. However, if US inflation is brought under control, the Fed could cut rates as early as the autumn of 2025. The ECB has announced that it will maintain its rate-cutting policy, but added that it is close to its terminal rate.
Uncertainty is all the greater in Europe as long-delayed fiscal consolidation policies could finally begin to be implemented, while Germany is engaged in a stimulus programme whose scale is difficult to assess at this stage.
Tensions in the Middle East and oversupply: oil balances on a high wire
The Israel-Iran conflict has reigniting fears over oil. A disruption or even a blockade of the Strait of Hormuz (the passage for 20 million barrels per day, or 20% of global supply) could push prices above $100 per barrel. Excluding this geopolitical environment, however, fundamentals point to a fall in prices on back of production increases in non-OPEC+ countries, demand weakened by trade tensions and the reintroduction of volumes by OPEC+ members (2.2 million barrels per day). Barring a major crisis, prices should continue to be extremely volatile but remain within a range of $65 to $75 per barrel.
Advanced economies: a mix of resilience and vulnerability
The US economy faces two uncertainties: the size of customs tariffs and how they will be absorbed by the economy. Despite declining consumer confidence, employment is holding up and the contraction in GDP (-0.2% in Q1) is a reflection of preventive stockpiling by businesses. In Europe, Germany saw a minor uptick in growth in the first quarter, France remains sluggish, Italy could run out of steam, while Spain continues to benefit from tourism and European funds to maintain momentum.
Emerging economies are the first victims of trade turmoil
In China, the temporary truce on tariffs has led to a surge in exports, but the outlook is fragile. India, despite generating growth of more than 7% in the first quarter, is seeing consumption slow and its fiscal headroom shrink.
In Latin America, Mexico is bearing the brunt of trade uncertainty, with zero growth expected in 2025. Brazil, after a rebound in agriculture following El Niño-induced losses, is expected to contract on back of restrictive monetary policy (key rate raised to 15%). In Argentina, the momentum generated by Mileinomics is strong and, despite its low foreign exchange reserves, could post GDP growth of 5%in 2025 and 3.5%in 2026.
Metallurgy: 600 million tonnes of steel overcapacity weighing on the global sector
The metallurgy sector is experiencing a major crisis, having recorded global steel overcapacity of 600 million tonnes in 2024, which represents 25% of global production. The unfavourable macroeconomic environment, energy tensions and new steel tariffs are exacerbating the situation for steelmakers, particularly in Canada, Mexico and Europe.
Canada: the economy is faltering under the weight of tariffs
With 75% of its exports headed for the US, Canada is one of the countries most exposed to the trade war. Growth has slowed significantly after a surge at the end of 2024. Consumption is falling, investment is weakening and unemployment stands at 6.9%, its highest level since 2017.
Exports, boosted by the menace of customs duties, contracted sharply in April. The automotive and metals sectors, which were hit by tariff increases of up to 50%, have been particularly affected. The upcoming revision of the USMCA agreement, which is expected to be brought forward to the end of 2025, could further exacerbate the country’s economic instability.
The issuer is solely responsible for the content of this announcement.
COFACE: FOR TRADE
As a global leading player in trade credit risk management for almost 80 years, Coface helps companies grow and navigate in an uncertain and volatile environment.
Whatever their size, location or sector, Coface provides 100,000 clients across some 200 markets. with a full range of solutions: Trade Credit Insurance, Business Information, Debt Collection, Single Risk insurance, Surety Bonds, Factoring. Every day, Coface leverages its unique expertise and cutting-edge technology to make trade happen, in both domestic and export markets. In 2024, Coface employed +5,200 people and recorded a turnover of ~€1.845 billion.
HONG KONG SAR – Media OutReach Newswire – 15 July 2025 – In July 2025, Hong Kong fintech company KN Group announced a significant strategic partnership with AlloyX, a prominent Hong Kong-based Web3 financial technology company. Leveraging AlloyX’s on-chain tokenization infrastructure technology, the two parties will jointly launch the industry’s first tokenized fund with consumer loans as its underlying assets. This collaboration marks the first tokenization of individual cash loans on-chain, providing broader funding sources for the underlying assets and exploring new possibilities for traditional consumer finance businesses.
As a promoter of inclusive finance with business spanning emerging markets including Thailand, the Philippines, Indonesia, Pakistan, and Mexico, KN Group will conduct a shelf offering of USD 100 million in tokenized consumer finance assets (RWA), with an initial issuance size of USD 20 million. AlloyX, a renowned Hong Kong Web3 fintech firm, specializes in bridging traditional finance with blockchain-based services, providing secure and efficient fiat and stablecoin payment solutions alongside asset tokenization services. This powerful alliance will significantly enhance asset liquidity, stability, and capital efficiency, opening new channels for global capital market asset allocation.
Lucas Kong, General Manager of KN Group Hong Kong and Global Head of Treasury at KN Group, stated: “This global debut is a major milestone following KN Group’s decade of deep cultivation in AI fintech. It successfully bridges traditional financial services with the global capital markets through digital pathways. This initiative explores a replicable path for onboarding traditional consumer financial assets onto the blockchain, granting investors greater transparency, flexibility, and investment efficiency. Through financial asset tokenization, we aim to better serve global investors. Moving forward, we aspire to achieve further breakthroughs in setting new industry standards, unlocking fresh asset value, and connecting global emerging ecosystems, continuing our strides in innovative finance.”
Under this strategic partnership, AlloyX provides KN Group with blockchain technology solutions and support. Jessie Chen, Head of RWA Issuance at AlloyX, commented: “We are delighted to partner with KN Group to jointly advance the global tokenization of cash loans, accelerating the integration and development of traditional financial systems with next-generation Web3 technology applications. This ensures high-quality financial assets circulate on-chain in a compliant and transparent manner. AlloyX will continue collaborating with industry partners to support institutions in their standardized, modularized, and globalized blockchain-based business expansion.”
As a key enterprise introduced by the Hong Kong Office for Attracting Strategic Enterprises (OASES), KN Group will leverage this innovation as a starting point. It will continue to harness its strengths in AI-powered risk control technology, optimize asset management, expand into emerging markets, and lead the global digital development of inclusive finance.
The issuer is solely responsible for the content of this announcement.
KN Group
Established in 2014, KN Group is a financial technology company with a core focus on artificial intelligence and big data. Its vision is to make financial services more accessible, convenient, and fair. Leveraging AI technology, KN Group has developed comprehensive assessment models to effectively evaluate customer credit risks, gain deeper insights into customer needs better through extensive infrastructure, provide more personalized services, and identify and manage risks more efficiently.
KN Group is one of the strategic enterprises introduced under the Hong Kong Office for Attracting Strategic Enterprises (OASES). Its business now spans multiple regions, including Thailand, the Philippines, Indonesia, Pakistan, and Mexico.
Group enters Osaka with two Far East Village Hotels in Namba South and Honmachi districts, reinforcing its commitment to double its footprint to 2000 rooms in Japan.
SINGAPORE – Media OutReach Newswire – 15 July 2025 – Far East Hospitality has announced its continued expansion in Japan with the introduction of the Far East Village brand in Osaka. The openings of Far East Village Hotel Osaka, Namba South, and Far East Village Hotel Osaka, Honmachi, represent a significant milestone in the Group’s growth strategy – to double its footprint to 2,000 rooms within the next five years across Japan’s key gateway cities of Tokyo, Osaka, Kyoto, and Fukuoka.
From L – R, façade images of Far East Village Hotel Osaka, Namba South and Far East Village Hotel Osaka, Honmachi
“Far East Hospitality’s expansion into Osaka is a pivotal step towards our five-year goal of expanding to 2,000 rooms in Japan. We are focused on strengthening the Far East Village brand in the country’s key cities, particularly those with vibrant business and leisure appeal. We’re excited to embrace the richness of Japan’s culture and bring our ‘Live Like a Local’ philosophy to life, inviting travellers to engage meaningfully with what Japan has to offer. To fulfil this, we’re pleased to partner Anglo Capital Group as they expand into Osaka. With our combined expertise and commitment to authentic hospitality, we look forward to delivering memorable guest experiences and unlocking full potential of these properties,” said Mr. Mark Rohner, Chief Operating Officer of Far East Hospitality.
“Our entry into the Osaka market through the acquisition of two centrally located hotels and our partnership with Far East Hospitality for their management marks an exciting milestone in the continued growth of our hotel portfolio. Osaka’s dynamic tourism landscape and strategic location make it an ideal addition to our expanding presence in Japan. We look forward to working with Far East Hospitality to deliver exceptional guest experiences and further strengthen our footprint in key locations across Japan,” said Benjamin Cho, Principal of Anglo Fortune Capital Group.
Accelerating Growth in Japan
Far East Hospitality made its entry into Japan in July 2020 with the opening of Far East Village Hotel Tokyo Ariake, followed by Far East Village Hotel Yokohama in June 2021. Despite global travel restrictions due to the pandemic, the Group maintained expansion momentum, opening its third property in 2023, Far East Village Hotel Tokyo Asakusa. With these two new Osaka hotels, Far East Hospitality is now operating five hotels in five years since its entry into Japan.
These milestone openings reaffirm the Group’s commitment to delivering purpose-driven, culturally grounded hospitality while expanding its regional presence in a competitive and high-potential market.
Confidence in a Rebounding Market
Japan’s tourism sector has demonstrated remarkable resilience and recovery since the pandemic. In Tokyo alone, international visitor arrivals between January and October 2023 were approximately 12 times higher, exceeding pre-pandemic levels by over 34%[1]. The rebound continued into 2024, with Japan welcoming a record-breaking 36.9 million international visitors, a 47.1% increase from 2023.[2]
This strong performance has fuelled Far East Hospitality’s optimism to scale in Japan, where rising inbound demand and evolving traveller preferences of personalised, authentic, and meaningful experiences when choosing travel destinations[3] align closely with the Group’s offerings.
Live Like a Local in the Heart of Osaka
Suitable for both leisure and business travellers, Far East Village Hotel Osaka, Namba South is a 77-room hotel located in the vibrant Oku-Namba neighbourhood, just south of Osaka’s bustling Namba district. Within walking distance of key attractions like Namba Yasaka Shrine and Dotonbori, the hotel’s proximity to Daikokucho and Namba Stations also provides seamless access to the wider Kansai region.
Far East Village Hotel Osaka, Honmachi has 165 rooms, and serves as an ideal gateway to Osaka’s blend of modernity and rich cultural heritage. Situated in the central business district of Chuo-ku, just steps from the iconic Osaka Castle, the hotel offers easy access to popular landmarks such as Osaka-jo Park and the historic Minami district.
Delivering Purposeful Hospitality
Far East Hospitality offers distinct experiences through personalised service that sets it apart in its category. By fostering a culture of genuine care, attention to detail, and using positive feedback to empower staff, guests are ensured that every stay is thoughtful and memorable. The Village brand’s signature ‘Live Like a Local’ philosophy encourages guests to immerse themselves into each destination’s cultural fabric, whether through everyday interactions with neighbourhood shops and eateries or specially curated activities.
Guests can explore Osaka with its signature Village Passport, an exclusive and curated insider guide featuring local tips on attractions, dining and exciting experiences around the area. These locally rooted touchpoints create meaningful stays that reflect the character of each precinct.
To learn more about Far East Village Hotel Osaka, Namba South or Far East Village Hotel Osaka, Honmachi, please visit: https://www.fareasthospitality.com/en/hotels?country=Japan
[1] Japan National Tourism Organisation, https://www.reuters.com/world/asia-pacific/japan-saw-record-279-mln-visitors-february-due-lunar-new-year-boost-2024-03-19/?utm_source=chatgpt.com
[3] American Express, https://www.americanexpress.com/en-us/travel/discover/get-inspired/global-travel-trends#:~:text=Consumer%20Travel%20Habits%20for%202025,the%20destination%20they%20are%20visiting.
Hashtag: #FarEastHospitality
The issuer is solely responsible for the content of this announcement.
About Village Hotels & Residences
The Village brand by Far East Hospitality reveals the unique charm and colourful personality of the locale in which each Village property is situated.
Manifesting the ideals of ‘Eat, Play, and Explore like a local’, Village plays the role of a guide encouraging guests to embark on adventures through Singapore’s vibrant precincts to discover what truly means to ‘Live like a Local’. This provides guests with a refreshing and exciting experience no matter the location of the property they choose to visit. Whether guests are looking for authentic culinary delights or hunting for cultural gems, there’s something for everyone staying at Village.
Far East Hospitality Holdings Pte Ltd (Far East Hospitality) is an international hospitality owner and operator with a diverse portfolio of 10 unique and complementary brands of hotels, serviced residences and apartment hotels, including Oasia, Quincy, Rendezvous, Village, Far East Collection, A by Adina, Adina Hotels, Vibe Hotels, Travelodge Hotels and Collection by TFE Hotels.
Far East Hospitality owns more than 10 hospitality assets and operates a combined portfolio of more than 17,000 rooms under its management across over 100 hotels and serviced residences in 10 countries – Australia, Austria, Denmark, Germany, Hungary, Japan, Malaysia, New Zealand, Singapore and Switzerland, with more in its development pipeline. In 2024, the group ranked amongst the top 100 hotel companies by HotelsMag.
Far East Hospitality is a 70-30 joint venture formed in 2013 between Far East Orchard Limited (a listed company under Far East Organization) and The Straits Trading Company Limited. In the same year, Far East Hospitality, through its wholly-owned subsidiary Far East Hospitality Investments (Australia) Pte Ltd, completed a 50-50 joint venture with Australia’s Toga Group to form Toga Far East Hotels (TFE Hotels).
SINGAPORE – Media OutReach Newswire – 15 July 2025 –Aon plc (NYSE: AON), a leading global professional services firm, has released the Asia Pacific (APAC) findings from its 2025 Cyber Risk Report. The report underscores the increasing complexity of artificial intelligence (AI) driven cyber attacks and the prevalence of geopolitical tensions on cyber risks in the region.
This report is based on Cyber Quotient Evaluation (CyQu) scores from 3,226 Aon clients in 2024 across APAC, EMEA, LATAM and North America, which analysed more than 1,400 global cyber events to identify trends in the evolving cyber threat landscape. The CyQu database benchmarks over 10,000 clients and has 20,000 client users.
From these insights, the report signals that the APAC region is experiencing significant growth in cyber claims notifications, driven by the rising frequency and sophistication of cyber incidents. Geopolitical forces, such as trade tensions, territorial disputes and reconfigurations of the global supply chain, is shaping how APAC companies manage cyber risk.
Key Findings:
In the APAC region, cyber incident frequency rose 29 percent year-over-year and up 134 percent over the past four years (2020-2024).
There was a 22 percent rise in cyber insurance claims notifications in 2024.
The rise in AI-driven deepfake attacks resulted in a 53 percent increase in social engineering incidents year-over-year. Claims involving social engineering and fraud increased by 233 percent.
Of the 1,414 global cyber events analysed, 56 developed into reputation risk events, which are defined as cyber incidents that attract significant public attention. Companies affected by these reputation risk events experienced an average shareholder value decline of 27 percent.
Globally, malware and ransomware attacks were ranked most likely to trigger reputational damage, accounting for 60 percent of all reputation risk events, despite making up only 45 percent of total cyber incidents.
“In 2025, global and regional geostrategic tensions remain a key driver of cyber risk for companies in APAC. This trend is likely to accelerate with nation-state-backed threat actors continuing to employ cyber campaigns to facilitate conflicts or instigate grey-zone operations for the purposes of economic coercion, corporate espionage, or to harm regional rivals by targeting strategically important economic infrastructure,” said Adam Peckman, head of risk consulting and cyber solutions in APAC and global head of cyber risk consulting at Aon. “As cyber threats grow more complex and interconnected, companies need a clearer view of their exposure, stronger alignment between cyber security and insurance strategies, and the tools to make better, data-driven decisions.”
Aon’s 2025 Cyber Risk Report draws on proprietary data from the firm’s CyQu platform, a patented global e-submission tool that streamlines the cyber insurance intake process and empowers organisations with actionable insights into their cyber exposures and insurability, helping to strengthen both underwriting outcomes and cyber risk management strategies.
The APAC insights from the Aon’s 2025 Cyber Risk Report can be found here.
Hashtag: #Aon
The issuer is solely responsible for the content of this announcement.
About Aon
Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that protect and grow their businesses.
Disclaimer The information contained in this document is solely for information purposes, for general guidance only and is not intended to address the circumstances of any particular individual or entity. Although Aon endeavours to provide accurate and timely information and uses sources that it considers reliable, the firm does not warrant, represent or guarantee the accuracy, adequacy, completeness or fitness for any purpose of any content of this document and can accept no liability for any loss incurred in any way by any person who may rely on it. There can be no guarantee that the information contained in this document will remain accurate as on the date it is received or that it will continue to be accurate in the future. No individual or entity should make decisions or act based solely on the information contained herein without appropriate professional advice and targeted research.