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RCEP expo in Linyi boosts trade, cooperation and development

LINYI, CHINA – Media OutReach Newswire – 27 June 2025 – The 4th RCEP (Shandong) Import Expo, which kicked off on June 27 in Linyi, Shandong province. The ongoing expo features 348 participating enterprises from 66 countries and regions such as Cambodia, Malaysia, South Korea, and Japan, showcasing cutting-edge technologies and innovative solutions.

With a total exhibition area of 35,000 square meters and 1,200 international standard booths, the event attracted 15,000 visitors on its opening day. Notable participants include 179 companies from the RCEP region, 51 countries involved in the Belt and Road Initiative, and various international associations, fostering efficient business connections on a global scale.

The expo also introduces new segments like the smart technology zone and multinational corporations area, highlighting leading tech firms such as Tesla and Unitree Robotics, which produces humanoid robots, alongside Global Fortune 500 companies like CP Group and Amazon. This platform serves as a nexus for unveiling the latest industry trends and showcasing advanced manufacturing capabilities worldwide.

“I’ve been really impressed by Linyi’s business environment and especially its logistics system — it’s very advanced. Under the RCEP framework, I think Linyi has a lot of potential to serve as a key link between China and Southeast Asia,” said Princess Norodom Jenna, member of the Cambodian Royal Family, during the ongoing expo.

“I hope to see more collaboration between Linyi and Cambodia, especially in areas like specialty trade and e-commerce. It would be great to bring more Cambodian products here to Linyi, and at the same time, help Linyi’s goods reach Cambodia through the BRI,” added Princess Jenna.

“Linyi boasts well-developed infrastructure, leaving a lasting impression with its high-quality roads and buildings. Known for its excellent logistics system, Linyi offers picturesque scenery and warm hospitality. Attending the exhibition today, I’ve brought our East Malaysian products including bird’s nest, pepper, and palm sugar,” said Tan Kai, chairman of the Padawan Municipal Council and mayor of Padawan in Malaysia.

He added that this expo showcases an incredible population diversity, with a vast number of booths creating a bustling atmosphere.

In recent years, Linyi has enjoyed strong economic growth alongside RCEP member states. According to official statistics, in 2024, the city’s trade with RCEP member countries amounted to 78.65 billion yuan ($10.95 billion), an increase of 9.7 percent year-on-year, accounting for 46.5 percent of the city’s total imports and exports.

Hashtag: #Linyi #RCEP

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

Sifang Hosts Landmark Power Technology Forum: Global Experts Chart Path for Grid Modernization


MANILA, PHILIPPINES – Media OutReach Newswire – 27 June 2025 – The “New Technology of Power System” forum concluded today in Manila, emerging as a pivotal platform for international dialogue on energy innovation. Co-hosted by Beijing Sifang Automation Company and the Institute of Integrated Electrical Engineers of the Philippines (IIEE), the summit drew industry leaders, technical experts, to address challenges facing modern power grids.

Sifang Hosts Landmark Power Technology Forum: Global Experts Chart Path for Grid Modernization
Sifang Hosts Landmark Power Technology Forum: Global Experts Chart Path for Grid Modernization

The event boasted a distinguished roster of attendees, including Engineer Alberto R. Herrera Jr., National President of IIEE, Engineer Cleofe T. Caidic, IIEE’s Technical Affairs Vice President,and executives from Beijing Sifang Automation Company, including Chairwoman Gao Xiuhuan, Vice President Liu Shu and President Assistant Zhang Xing, joined forces with Leaders and representatives of National Grid Corporation of the Philippines(NGCP), The Manila Electric Company (Meralco), State Nuclear Electric Power Planning Design & Research Institute Philippines, Northeast Electric Power First Engineering Philippines., and other representatives from utilities, EPC, developer, and the media rounded out the audience.

Kicking off the forum, Ms. Gao Xiuhuan’s opening address underscored technology’s role in global energy transitions, setting the stage for technical deep-dives. Engineer Herrera followed with a call to action on cross-industry collaboration, while Engineer Caidic’s keynote “Empowering the Grid” outlined Philippine strategies for infrastructure upgrades through technical training and standardization.

The following keynote speeches of the day are given by technical elites from Sifang. Ms. Li Wei proposed HVDC solutions for the Philippines’ archipelagic grid challenges. Mr. Wang Jikang shared insights on STATCOM and grid-forming technologies for renewable integration. Mr. Zou Dengfeng discussed EMS/DMS applications for green grid stability. Ms. Zhang Jiamei advocated for wide-area monitoring systems based on her Imperial College research. Mr. Xu Kehan addressed relay protection innovations for modern power systems. Mr. Luo Nuo wrapped the forum with “Generation-Grid-Load-Storage Monitoring and Control”, emphasizing the need for unified control systems.

“We see this forum as a very good chance to make friends, share views, and take good advice” said Ms. Gao in her opening remarks,” In the future, we will dedicate ourselves to making more contributions to the Philippines’ power systems”.

The forum concluded with an evening gala, where bilateral discussions laid groundwork for future tech transfers and joint R&D.

Beijing Sifang Automation Company, as a leading force in power automation technology within China and a globally recognized innovator in the field, founded in 1994 and headquartered in Beijing, China, has established branches in several overseas locations, including India, the Philippines, and Kenya. Sifang provides products and solutions across various sectors of the power system, covering generation, transmission, distribution, consumption, and storage. Its offerings include protection, automation, power electronics, switchgear, energy storage, and smart IoT.

Currently, SIFANG’s products are distributed globally, with exports to over 90 countries across Southeast Asia,Central Asia, Africa, the Americas, and Europe. More than 2 million intelligent electronic devices (IEDs) and tens of thousands of automation systems are operating safely and reliably in domestic and international markets.

Hashtag: #Sifang

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

Southeast Asia Ramps Up Drug Control as Laos, Myanmar Destroy Massive Stashes on International Anti-Drug Day

Illegal drugs that are about to be burned (Photo: ວາລະສານ ປ້ອງກັນຄວາມສະຫງົບ)

Laos marked the International Day Against Drug Abuse and Illicit Trafficking on 26 June with nationwide drug-burning ceremonies, showcasing its ongoing anti-narcotics efforts and reporting the resolution of over 4,000 drug cases in 2024.

Passing the Torch to a Trillion-Dollar Future: The 4th China Next-Gen Entrepreneurs Forum Redefines Private Enterprise Succession


HONG KONG SAR – Media OutReach Newswire – 27 June 2025 – Amid an era of unprecedented generational transformation, The 4th Forum of the New Generation of Entrepreneurs kicked off on June 17 in Beijing, sparking a groundbreaking dialogue on the future of private enterprise succession in China. Jerry Lu, Chairman of Jinshang Technology Group, set the stage with a powerful and inspiring keynote titled Carry on the Second Half, Writing a New Chapter captivating the audience and setting the tone for this pivotal event.

Jerry Lu delivered an inspiring keynote at the 4th China Next-Gen Entrepreneurs Forum, sharing his journey and insights on generational succession.
Jerry Lu delivered an inspiring keynote at the 4th China Next-Gen Entrepreneurs Forum, sharing his journey and insights on generational succession.

The event brought together over 1,000 participants, including distinguished experts such as Ji Weimin, Deputy Director of the Institute of Industrial Economics at the Chinese Academy of Social Sciences and President of China Business Journal, Prof. Peng Qian, Director of Roger King Center for Asian Family Business and Family Office at the Hong Kong University of Science and Technology, along with representatives from the new generation and private enterprises.

Bridging Generations: From Conflict to Understanding

Jerry Lu’s keynote began with a personal story of accompanying his father on a business trip at age 12, planting the seed of his desire to one day stand shoulder-to-shoulder and lead alongside him.

Jerry Lu reflected on the complexities of generational succession, sharing his personal journey of transformation—from feelings of frustration to a deep sense of understanding, and from reluctantly inheriting a legacy to actively embracing it. He likened the first generation’s contributions to a powerful “threefold fuel”—resources, experience, and spirit—that not only provide a foundation for the next generation but also serve as a launchpad for bold innovation and future growth.

Turning Challenges into Opportunities: 68% Attrition vs. 71.2% Survival

Jerry Lu highlighted critical insights into the generational succession crisis, revealing that 68% of successors forced into leadership roles leave within three years, and only 3% of such businesses survive beyond five generations. In contrast, businesses led by proactive successors boast a remarkable 71.2% survival rate over three generations, underscoring the importance of intentional, forward-thinking leadership transitions.

To address these challenges, Lu outlined five strategic pathways for successful succession: cultural governance, technology-driven transformation, digitalization, industry upgrades, and cross-sector integration.

As a testament to these principles, Lu shared his own approach—leveraging the TOJOY’s Platform to build a comprehensive health and legacy service platform tailored for high-net-worth clients. This integrated innovation model not only harnesses the resources and networks of previous generations but also positions businesses for sustainable growth in a rapidly changing landscape.

Academic and Media Perspectives on Family Business Succession

Ji, a seasoned media expert, shared insights from a decade of research on over 2,000 family businesses across China, identifying three pivotal shifts essential for successful succession. The first shift urges the next generation to move beyond the passive role of “inheritors” and embrace the proactive role of “co-creators,” taking responsibility for driving innovation and growth. The second shift emphasizes the importance of utilizing professional tools, such as insurance and trusts, to effectively protect and transfer family wealth. The third shift highlights the need to establish a sustainable ecosystem by integrating financial tools, family culture, and legal frameworks.

Building on this perspective, Prof. Peng Qian shed light on the growing trend of family businesses transitioning into family offices. She emphasized that the longevity and success of family enterprises rely on shared values, a long-term vision, and strategies focused on creating impact. As family businesses confront challenges like a shortage of successors and intergenerational conflicts, family offices are emerging as a vital solution. These offices not only manage wealth but also foster family unity and uphold values through philanthropy, education, and social impact investments. Peng stressed that this transition is essential for preserving family legacies while ensuring their growth and relevance in an ever-evolving business landscape.

An 84 Trillion Yuan Shift: From Family Mission to National Legacy

Over the next 30 years, approximately 84 trillion yuan in private wealth will transition to the next generation, shaping the backbone of China’s economy. This forum, blending academic research, media insights, and practical case studies, presented a bold new blueprint for succession. With private enterprises contributing over 50% of tax revenue, 60% of GDP, 70% of technological advancements, 80% of employment, and more than 90% of all businesses, the next generation’s responsibility extends far beyond their families—it is deeply tied to the nation’s future. As Jerry remarked, “We inherit a legacy forged by our predecessors’ perseverance, and we write a new chapter under the banner of national rejuvenation.”

A new era of collaboration, innovation, and shared responsibility has begun, paving the way for the future of China’s private economy

Hashtag: #TOJOY

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

ASEAN Rail Tourism Corridor Takes Center Stage at Mekong Tourism Forum 2025

ASEAN Rail Tourism Corridor Takes Center Stage at Mekong Tourism Forum 2025
ASEAN officials pose for a group photo at the Mekong Tourism Forum 2025 (photo credit: CMG FM93)

Laos hosted the Mekong Tourism Forum 2025 in Luang Prabang from 24 to 27 June, spotlighting the proposed ASEAN Rail Tourism Corridor (ARTC) as a key initiative to boost regional travel and connectivity.

Lao National Assembly Session Concludes 9th Ordinary Session with Approval of New, Revised Legislations

The 9th Ordinary Session of the 9th Legislature of the National Assembly. 26 June 2025. (Photo credit: Lao People's Army News)

The final day of the 9th National Assembly session closed with the approval of a total of ten laws, including five newly drafted and five revised. 

Throughout the 14 days session from 9 to 26 June, members of the Assembly thoroughly reviewed the proposed laws, examining each article to ensure they are complete, consistent, and practical for enforcement by relevant authorities.

The five newly adopted laws focus on key areas of governance and social welfare. These include the Law on Civil Servants of the People’s Prosecutor’s Office, the Law on Social Work, the Law on Cultivation, the Law on General Education, and the Law on Cybersecurity. 

Meanwhile, the five amended laws were introduced to update and strengthen existing legal frameworks. The revisions covered the Law on Medicines and Medical Products, the Law on Irrigation, the Law on Income Tax, the Law on Advertising, and the Law on the People’s Assembly which includes updates to judicial procedures.

According to the Assembly, these amendments are essential for aligning national legislation with current socio-economic conditions and improving regulatory enforcement.

Government Restructuring

Previously, the National Assembly approved a significant cabinet reshuffle to enhance government efficiency by reducing ministries from 17 to 13. 

The reform involved reassigning or replacing nine ministers and appointing Bounkham Vorachit as the new Governor of the Bank of Laos

Major mergers included the Ministry of Planning and Investment combining with Finance under Santiphab Phomvihane, and the Ministry of Agriculture and Forestry with the Ministry of Natural Resources and Environment, creating the new Ministry of Agriculture and Environment, led by Linkham Douangsavanh. The Ministry of Energy and Mines was integrated into the Ministry of Industry and Commerce. 

The Ministry of Home Affairs was dissolved, with its responsibilities transferred to the Prime Minister’s Office, where four ministers, Khamjane Vongphosy, Buakhong Nammavong, Sonexay Sitphaxay, and Sinava Souphanouvong, now serve directly.

Other notable appointments included Thongsalith Mangnomek as Minister of Education and Sports, Baykham Khattiya as Minister of Health, and Bounkham Vorachit as the new Governor of the Bank of the Laos, moving from her previous role as Minister of Natural Resources and Environment.

Several ministers retained their positions, ensuring continuity in key areas. These include Suansavanh Viyaket in Information, Culture and Tourism, Khamlieng Outhakaisone in National Defence, Vilay Lakhamfong in Public Security, Boviengkham Vongdara in Technology and Communications, Phaivi Siboualipha in Justice, and Thongsavanh Phomvihane in Foreign Affairs. Leklay Sivilay succeeded Gnampasong Meuangmany as Minister of Public Works and Transport.

Economic Priorities and Performance

The National Assembly placed strong focus on economic recovery and inflation control, targeting single-digit inflation by the end of 2025. To achieve this, the government is working to stabilize the kip, increase domestic production, and restructure Électricité du Laos (EDL)’s debt. Supporting measures include stricter market regulations, electricity tariff reviews, and improved debt management.

According to the Assembly report, recent data showed positive signs: inflation dropped to 11.76 percent  in the first five months of 2025, compared to 24.77 percent during the same period in 2024. GDP grew by 4.5 percent, with contributions from agriculture (3.3 percent), industry (4.6 percent), services (4.7 percent), and tax revenue (4.4 percent).

To meet the 4.8 percent GDP target, the Assembly highlighted agriculture as a key sector to boost food security and reduce imports. 

Lawmakers also stressed the need for infrastructure investment, especially in road repairs, to improve logistics, lower transport costs, and support growth in tourism and trade.repairs for both national and rural routes. These improvements are expected to enhance logistics efficiency, reduce transportation costs, and boost both tourism and trade sectors, contributing to broader economic recovery.

Social and Regulatory Reforms

The Assembly session also tackled a wide range of pressing social issues, including combating drug abuse, eliminating illegal trade and human trafficking networks, resolving labor shortages across various sectors, enhancing education system quality, reducing traffic accidents, and shutting down illegal entertainment venues that violate national regulations.

The session called for strict measures against non-compliant mining projects and halted approvals for new exploration except construction materials. 

The government committed to improved tax collection and targeted support for vulnerable groups as part of economic recovery efforts.

Tanoto Foundation Backs Landmark Research to Unlock the Code of Asian Prevalent Diseases

Understanding Asian Cancers and Diabetes Through an Asian Lens


SINGAPORE – Media OutReach Newswire – 27 June 2025 – Tanoto Foundation today announced the funding of two transformative, Singapore-based medical research projects focused on diseases that disproportionately affect Asian populations: prevalent and aggressive cancers, and young-onset Type 2 diabetes. The multi-year initiatives aim to generate data-driven insights that can accelerate diagnosis, improve patient outcomes, and guide public health policy.

NCCS and SGH secure research funding from Tanoto Foundation for projects tackling Asian-prevalent cancers and young-onset diabetes to drive breakthroughs in regional health
NCCS and SGH secure research funding from Tanoto Foundation for projects tackling Asian-prevalent cancers and young-onset diabetes to drive breakthroughs in regional health

Despite global strides in medicine, Asia continues to face rising rates of cancer and diabetes – diseases that are biologically and clinically distinct in Asian populations but remain under-researched due to a lack of region-specific data. The two research projects, from National Cancer Centre Singapore and Singapore General Hospital, will focus on filling these gaps through deep genomic studies and innovative risk-prediction models.

Imelda Tanoto, Member of the Board of Trustees, Tanoto Foundation said: “Singapore is well-positioned to lead in medical science. It has strong research institutions and a population that reflects the diversity of Asia. By supporting researchers here who are focused on health issues that affect Asians, we hope to help drive discoveries that make a real difference to people’s lives — both in Singapore and across the region.”

Tackling Asian-Prevalent Cancers

Led by Dr Jason Chan, Medical Oncologist, National Cancer Centre Singapore, the research will investigate four types of cancers with high prevalence and poor outcomes in Asia:

  • Breast Cancer in Asian Women, marked by earlier onset and biological differences compared to Western populations
  • T/NK-Cell Lymphomas, an aggressive blood cancer dominant in East Asians with limited treatment options
  • Bile Duct Cancer (Cholangiocarcinoma), increasingly linked to environmental exposures specific to Asia
  • Rare Asian Cancers, collectively neglected but accounting for up to 25% of all cases in the region

These cancers are devastating but remain poorly understood because most research has focused on Western populations,” said Dr Chan. “By decoding their molecular and genomic landscapes in Asian patients, we want to uncover new diagnostic and therapeutic opportunities to benefit patients.”

A key feature of the project is its open-access commitment: anonymised data will be freely available to the broader research community to accelerate further discovery and collaboration.

Unmasking Diabetes Risk in Young Singaporeans

The second research project, led by Dr Daphne Gardner, Endocrinologist, Singapore General Hospital, will address the rising incidence of Type 2 diabetes in young adults, particularly prevalent in Singapore, where 1 in 5 young adults have prediabetes or diabetes, despite being of normal weight.

Unlike traditional assessments that rely heavily on BMI and family history, this project will develop a next-generation risk prediction tool by incorporating non-traditional indicators such as body fat distribution, continuous glucose monitoring, and health-seeking behaviour.

“Many young Asians with diabetes don’t fit the usual risk profile. They’re lean, active, and often overlooked by current screening models,” said Dr Gardner. “We want to change that by identifying new risk signals and developing tools that are tailored to Singapore’s population and beyond.”

Findings from the study aim to inform national diabetes screening guidelines and lead to earlier interventions that can curb long-term complications.

Singapore as a Hub for Medical Research Advancement

In addition to previously supported research projects, these two initiatives reflect a growing recognition of Singapore’s role in advancing precision medicine for Asian populations, driven by strong clinical infrastructure, genomic capabilities, and public-private partnerships.

Imelda Tanoto added: “We believe precision health can change how we treat and prevent diseases. We’re supporting researchers who are not only breaking new ground, but also making sure their work reaches people and communities across Asia. This is something deeply personal to us — it’s about improving lives in a way that’s inclusive, meaningful, and lasting.”

This announcement marks a key milestone in Tanoto Foundation’s continuing effort to improve the quality of healthcare and health standards, leading to longer and better healthspans.

Hashtag: #TanotoFoundation

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

About Tanoto Foundation

At Tanoto Foundation, we unlock human potential, help communities thrive, and create lasting impact. Founded in 1981 by Sukanto Tanoto and Tinah Bingei Tanoto, we are an independent family foundation that believes in providing every person with the opportunity to realize his or her full potential. To do so, we catalyse systems change in education and healthcare. Our approach is impact-first, collaborative, and evidence-based. We invest for the long term and strive to develop leaders who can drive sustained, positive outcomes.

More information is available at .

Expanding the crypto trading experience: exploring CFDs with Octa broker

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 27 June 2025 – Crypto has been booming for quite a while now. But for those who missed the hype train or find the highly volatile crypto market unsuitable, contracts for difference (CFD) present a viable—and arguably more secure—asset type. The experts at Octa, a global broker since 2011, explain why CFDs are worth exploring to expand experience with the financial markets.

Octa Broker

New trends, old problems
The crypto market experienced turmoil throughout 2024. Bitcoin reached multiple all-time highs in a span of one year, and altcoins tried to follow suit. In early 2025, the appearance of the TRUMP coin reinforces the global trend for crypto’s increasing media presence and violent fluctuations of the crypto market.

However, even with the current uptrend, the downsides of the crypto market persist. Excessive volatility and the speculative nature of most crypto assets make it a bumpy ride for anyone who aims for consistent outcomes.

Among the most popular assets that can be traded instead of crypto, one stands apart for flexibility and accessibility: contracts for difference, or CFDs. These financial instruments allow traders to speculate on the price movements of an asset without owning it. Instead of buying or selling the actual asset, traders enter into an agreement with a broker to exchange the difference in the asset’s price from when the contract is opened to when it is closed. This asset price difference constitutes CFD traders’ profits or losses.

Below are some of the main advantages of CFD trading over investing in traditional crypto assets.

Ride with the wave

One of the worst situations crypto investors can face in their journey is sudden and prolonged downtrends that appear out of nowhere. Profit potential disappears when the entire market suddenly begins to fall. In cases like these, even portfolio diversification won’t help.

In contrast, the contract nature of CFDs allows for more flexibility, enabling traders to act on both upward and downward trends. CFD trading enables positions to be opened in anticipation of both rising and falling prices. In other words, CFDs as an asset hold twice as much potential for gains—any swing in asset price can turn into a profit opportunity.

Better conditions, lower costs
Top CFD brokers can often offer superior trading services, and here’s why. Crypto traders regularly face slow order execution, high slippage, and unexpected fees imposed by crypto exchanges. On the other hand, CFD brokers often offer lower spreads and more efficient order execution, which can affect profits significantly if the markets show high volatility.

For example, Octa, a CFD broker boasting extensive market experience, offers some of the best trading conditions on the market. The broker’s portfolio contains a wide variety of CFD assets, including CFDs on crypto, gold, and indices.

Octa’s clients have the option to replenish their accounts using cryptocurrency and withdraw funds directly to their cryptocurrency wallets. It is important to note that while Octa facilitates these transactions, the broker does not directly engage in providing services related to cryptocurrency. Instead, it operates through reputable partners who possess the necessary licenses to conduct cryptocurrency-related activities.

No wallet, no worries

Stories about astronomical amounts of cryptocurrency gathering digital dust on an unrepairable hard drive or unused e-wallet inaccessible because of a lost password have been filling the web for ages. But the risks of losing digital capital due to some transactional or e-wallet issues are more than real.

CFD traders don’t own cryptocurrencies—or any other underlying asset, for that matter. Instead, they are speculating on the price movement of the underlying asset and can, therefore, tap into the asset’s profit potential while avoiding the risks of owning it.

CFD traders don’t have to manage e-wallets, and that frees them from significant cognitive load—not to mention obvious risks. What’s more, the risk of a crypto exchange being hacked and all their digital capital stolen doesn’t concern them either.

With their flexibility, security, and accessibility, CFDs allow traders to step up their game and avoid many of the drawbacks cryptocurrencies are so famous for as a tradable asset. On top of that, with CFDs, traders can diversify their portfolios since these instruments encompass the whole gamut of various underlying asset types, including precious metals, stocks, and indices.

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

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

Octa

is an international CFD broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including improving educational infrastructure and funding short-notice relief projects to support local communities.
In Southeast Asia, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.