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Over 31,000 visitors Attend “One Beat, One World: Connecting Through the Drum” Carnival and Concert organised by Hong Kong Chinese Orchestra and presented by Chinachem Group


SINGAPORE – Media OutReach Newswire – 10 December 2024 – Organised by the Hong Kong Chinese Orchestra and presented by Chinachem Group, the “One Beat, One World: Connecting Through the Drum” Carnival and 5G Live Concert wrapped up triumphantly yesterday (8 December) at the Art Park in West Kowloon Cultural District. Now in its second year, the drumming extravaganza featured world-class drummers and dancers delivering a spectacular showcase of rhythm and movement. The event attracted an audience size of over 31,000, nearly doubling last year’s attendance. The concert can be revisited through online platforms and an upcoming broadcast on RTHK TV Channel 32.

“One Beat, One World” 5G Live Concert
“One Beat, One World” 5G Live Concert

A Gathering of Cultural Ambassadors

Distinguished officiating guests included the Chief Secretary for Administration, Eric Chan Kwok-ki; Permanent Secretary for Culture, Sports and Tourism, Vivian Sum Fong-kwang; Legislative Council members Vincent Cheng Wing-shun, Perry Yiu Pak-leung and Kenneth Fok Kai-kong. Superstar Aaron Kwok Fu-shing also attended as Honorary Ambassador of the Hong Kong Chinese Orchestra Hong Kong Drum Festival, adding to the star-studded occasion.

Dr. Celina Chin, Executive Director of the Hong Kong Chinese Orchestra, said, “Since its inception in 2003, the Hong Kong Drum Festival has aimed to unite communities through the powerful rhythm of drumming and promote cultural harmony. Participants include everyone from kids in primary and secondary school to 98-year-old seniors, rehabilitated youth, and ethnic minorities. This year’s Drum Carnival not only continued this mission but also introduced innovative dance elements, highlighting Hong Kong’s unique role as a platform for cultural exchange. We also invited many consulates in Hong Kong to participate, adding an international flair to the event. Looking ahead, the Hong Kong Chinese Orchestra will remain dedicated to its roots in Hong Kong, presenting diverse performances to enrich the city’s cultural landscape and foster the development of the arts.”

Sylvia Chung, Chief Business Impact Officer of Chinachem Group, noted that Chinachem Group is committed to fostering arts and culture, and strongly believes in the power of the arts to enrich our quality of life. “We have been honoured to collaborate once again with the world-class Hong Kong Chinese Orchestra to present the ‘One Beat, One World, Connecting Through the Drum’ series, which has connected people from all walks of life over the past six months,” she said. “In addition to drumming workshops across all 18 districts, a variety of drumming activities at Central Market and Nina Mall will be offered, such as Tai Chi wellness sessions and percussion workshops for everyone to enjoy.”

Cultural and Community Highlights

Supported by the Hong Kong Tourism Board, the event inspired audiences both on-site and online with the unifying energy of drumming. It also featured premieres of videos filmed at iconic locations across Hong Kong, promoting cultural tourism and showcasing the city’s unique heritage.

The Carnival began at noon, offering a variety of interactive cultural experiences from consulates representing countries such as Japan, India, Hungary, Poland, Egypt, Vietnam, the Philippines and South Korea. Visitors enjoyed international cuisines and experiences, underscoring Hong Kong’s role as a global cultural crossroads. Participants also had the opportunity to feel the beat of the ultimate 3.47-metre-tall Peace Drum.

The programme included performances by some of China’s intangible cultural heritage drum troupes, including Shaanxi Hancheng Xinggu and Lanzhou Taiping Drum, alongside a local lion dance team. The performers paraded through the park’s lawn, mingling closely with the audience. Teams from Chinachem Group, Immigration Department, A.S. Watson Group, and the “Strive and Rise” Programme also showcased their drumming talents. The Carnival also offered family-friendly drumming activities and various games, making it a memorable Sunday for all attendees.

5G Live Concert: A Feast for the Senses

As the evening set in, the Live Concert filled Victoria Harbour with powerful rhythms resonating across both shorelines. Alongside performances by the Hong Kong Chinese Orchestra conducted by Chew Hee-chiat, Assistant Artistic Director and Resident Conductor, the concert featured dynamic displays of local and Japanese tap dancers, Korean drum dancers, Malaysian drum theatre, Xinjiang hand drumming and dance, and Indian tabla and dance performances. Chinese hand drums were distributed to the audience, amplifying the rhythm and elevating the atmosphere to its peak.

The concert was supported by 3 Hong Kong as its strategic partner. This year, the network has been upgraded to 5.5G, providing speeds 10 times faster than 5G with ultra-low latency in milliseconds. The festivities at the Art Park in West Kowloon Cultural District were broadcast globally in 4K, making it the first-ever outdoor 5.5G live-streamed concert. With ultra-high-definition visuals, viewers worldwide were able to join this annual cultural celebration, highlighting Hong Kong’s cultural soft power. The live stream was available on the Hong Kong Chinese Orchestra’s YouTube channel and Dot Dot News, with highlights to be aired later on RTHK.

The Community Spirit

Earlier this year, the “One Beat, One World, Connecting Through the Drum” series toured all 18 districts of Hong Kong, offering drumming workshops for young children, teenagers, the elderly, ethnic minorities and incarcerated youth, helping to create an inclusive society for all.
Hashtag: #ChinachemGroup

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

Embark on A Culinary Journey Through International Holiday Delights, Sharing Joy and Festive Spirit at Galaxy Macau

MACAO SAR – Media OutReach Newswire – 10 December 2024 – As the holiday season sweeps in, Galaxy Macau™(referred to as “Galaxy Macau”), the world-class luxury integrated resort, is ready to unwrap a feast of festive-themed menus at its distinguished dining venues. Here, every dish is a curated work of art by the talented master chefs, designed to make this holiday moments sparkle. Whether it’s a family gathering, a Michelin-starred soiree, or a chic tea with one’s nearest and dearest, the global medley of flavors is all set to imprint unforgettable tales in the annals of this festive season.

Raffles Lounge & Terrace offers an unparalleled journey of elegance in dining. Beneath the mesmerizing glow of an awe-inspiring crystal chandelier, guests can immerse themselves in a luxurious feast crafted by award-winning chefs, showcasing premium ingredients.
Raffles Lounge & Terrace offers an unparalleled journey of elegance in dining. Beneath the mesmerizing glow of an awe-inspiring crystal chandelier, guests can immerse themselves in a luxurious feast crafted by award-winning chefs, showcasing premium ingredients.

A Star-studded Feast
At 8½ Otto e Mezzo BOMBANA, a Michelin-starred gem in Galaxy Macau, the world’s choicest seasonal ingredients are artfully assembled to present two exquisite dinner sets for the Christmas and New Year’s Eve revelries. Each plate invites guests into an Italian fantasy. The Christmas set menu, available on December 24 and 25, is priced at MOP 3,680 per person, while the New Year’s Eve set menu, on December 31, is priced at MOP 3,980 per person.

The award-winning chef Jan Ruangnukulkit has woven a Christmas menu at the Michelin-selected restaurant Saffron. Chef Jan’s festive menu is a rich tapestry of Thai cuisine, featuring classics like Spicy Live Gillardeau Oyster with Caviar and a traditional Thai grilled dish, elevated with the premium Alaskan king crab. This Christmas menu, available on December 24, is priced at MOP 988 per person.

The Michelin-selected Terrazza Italian Restaurant is celebrating the festive season with a symphony of sensational seafood dishes, hearty meat courses, and satisfying primi piatti—flavors that bring Italians together. Chestnut Soup with Scampi and Risotto grace the menu, adding a Yuletide charm. This Christmas set, available on December 24 and 25, is priced at MOP 988 per person. A New Year’s Eve dinner will be served on December 31, inviting guests to indulge in a culinary journey for MOP 1,088.

The Michelin-selected Terrazza Italian Restaurant is celebrating the festive season with a symphony of sensational seafood dishes, hearty meat courses, and satisfying primi piatti—flavors that bring Italians together.
The Michelin-selected Terrazza Italian Restaurant is celebrating the festive season with a symphony of sensational seafood dishes, hearty meat courses, and satisfying primi piatti—flavors that bring Italians together.

A Culinary Journey Through Diverse Cultures
Diversity is a hallmark of Macau, and at Galaxy Macau, the culinary landscape spans from Italian and Portuguese Western cuisine to Japanese and Thai Asian flavors, enriching festive gatherings with a cultural journey for the palate.

Take a seat at Andaz Kitchen festive buffet brunch and dinner, where every dish embraces the philosophy of “sharing joy, continuing tradition,” Executive Chef André Lai meticulously prepares festive Portuguese dishes for the holiday season, alongside lavish Chinese delicacies. Free-flowing sangria brings a sense of joy and completeness to gatherings. Available on December 24 and 25, the Christmas buffet brunch is priced at MOP 388 per adult, while the Christmas buffet dinner is priced at MOP 598 per adult.

Executive Chef André Lai of Andaz Kitchen meticulously prepares festive Portuguese family dishes for the holiday season.
Executive Chef André Lai of Andaz Kitchen meticulously prepares festive Portuguese family dishes for the holiday season.

Known for its meticulous traditional Kaiseki Ryori, the Yamazato Japanese Restaurant embodies the essence of Japanese cuisine with a selection of top-tier ingredients from across Japan. Executive Chef Hayashi Hideaki presents the refined tradition of Japanese kaiseki for Christmas and New Year’s Day. The Christmas Kaiseki is available on December 24 and 25, priced at MOP 1,980 per person, while the New Year’s Day Osechi Lunch is served on January 1 and 2, 2025, priced at MOP 680 per person. The New Year Kaiseki is also available on January 1 and 2, priced at MOP 1,980 per person.

Raffles Lounge & Terrace offers an unparalleled journey of elegance in dining. Beneath the mesmerizing glow of an awe-inspiring crystal chandelier, guests can immerse themselves in a luxurious feast crafted by award-winning chefs, showcasing premium ingredients such as foie gras, lobster, wagyu beef, Alaskan king crab, and more. The Christmas set is available on December 24 and 25, priced at MOP 1,388 per person, while the New Year’s Eve set is offered on December 31, priced at MOP 1,588 per person.

Delicate Afternoon Tea Moments at Galaxy Macau
At CHA BEI, ideal for a cozy celebration with friends and family, the holiday-themed Afternoon Par-Tea includes a mini chocolate fondue, adding warmth and sweetness to winter gatherings. The Festive Afternoon Par-Tea is available until January 3,2025, priced at MOP598 for two persons, while the celebration dinner menu is offered on December 24 and 31, priced at MOP 988 per set for two.

Nagomi transforms the winter afternoon tea into a delightful symphony for both the eyes and the palate. Guests can savor a variety of uniquely shaped and colorful sweet delicacies. The Winter Afternoon Tea is available from December 1 to 31, priced at MOP528 for two.

Guests can savor a variety of uniquely shaped and colorful sweet delicacies at Nagomi.
Guests can savor a variety of uniquely shaped and colorful sweet delicacies at Nagomi.

The Amazing Countdown Parties
After a cozy New Year’s Eve dinner with loves, multiple restaurants at Galaxy Macau prepare for an exhilarating countdown party. As a deluxe lounge that blends East and West to celebrate the glamor of old Shanghai, China Rouge invites revelers to embrace the bold, colorful spirit of the 80s. With dazzling lights and thrilling music, guests can immerse themselves in live performances and create unforgettable New Year’s Eve memories in private karaoke rooms. Attendees are encouraged to wear their best 80s outfits for a chance to win awards for “Best Costume” and “Best Group Costume.” Celebrate in style at The Macallan Whisky Bar & Lounge, the city’s premier destination for premium whisky. Guests can indulge in a night of fine wines, delicious food, and live music while enjoying electrifying performances. Unlimited servings of selected whiskies, Mumm Cordon Rouge NV Champagne, wines, and cocktails will be available, along with a chance to participate in a lucky draw for fabulous prizes. Enjoy the early bird offer by booking before December 15.

On December 31, at China Rouge, a unique deluxe lounge, revelers can embrace the bold, colorful spirit of the 80s.
On December 31, at China Rouge, a unique deluxe lounge, revelers can embrace the bold, colorful spirit of the 80s.

Andaz Macau will host this celebration at Level 6, North Tower, starting at 10:30 PM, themed “Party Like No One’s Watching.” Guests can dance to electrifying DJ performances and live music all night long and unleash themselves with fun games like beer pong and tabletop curling, creating unforgettable memories with friends. Our unicycle entertainers will keep the energy high and the excitement flowing. The entry price is MOP 208 per person, which includes a glass of champagne. As the clock strikes midnight, guests will celebrate the New Year with us like never before.

This Christmas season, Galaxy Macau promises an unparalleled culinary experience across its diverse range of restaurants. For more details, please visit the official Galaxy Macau official website at www.galaxymacau.com, or follow their WeChat, TikTok, and Xiaohongshu social media platforms for the latest updates. For inquiries and reservations, please contact +853 8883 2221.

(*Please note: Prices listed do not include service charges.)
Hashtag: #GalaxyMacao

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

ABOUT GALAXY MACAU INTEGRATED RESORT

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

As the dining destination in Asia, Galaxy Macau offers a wide variety of gastronomic delights, exquisite experiences and ingredients of the finest quality with over 120 dining options from Michelin dining to authentic delicacies.

Embark on a delightful and rewarding journey at Galaxy Promenade, the one-stop shopping destination boasting some of the world’s most iconic luxury brands. Be the first to get the latest limited-edition items; explore fascinating pop-ups by coveted labels and revel in fabulous shopping rewards and privileges. Our VIPs are entitled to a highly-curated experience with dedicated personal shoppers at guests’ service, and be invited to exclusive luxury brand events. A different caliber of privileges and rewards also await. Discover the joys of fashion and stand at the forefront of style and sophistication—Galaxy Promenade has everything guests need to stay ahead of the style game.

Galaxy Cinemas takes immersive movie experiences to the next level with the latest audio-visual technology, ultra-luxurious facilities and bespoke services; CHINA ROUGE, one-of-a-kind deluxe lounge that evokes the glitz and glamor of Shanghai’s golden era with entertainment in luxury and style; and Foot Hub presents the traditional art of reflexology to make you feel more relaxed and revitalized. For Authentic Macau Flavors & Vibrant Asian Experiences, Broadway Macau – just a 90-second walk via a bridge from Galaxy Macau, has over 35 Authentic Macau & Asian Flavors at its Broadway Food Street. The 2,500-seat Broadway Theatre plays host to world-class entertainers and a diverse array of cultural events.

Meeting, incentive and banquet groups are also well looked after with a portfolio of unique venues in Galaxy Macau and a professional service staff. Galaxy International Convention Center (GICC) is the latest addition to the Group’s ever-expanding integrated resort precinct and will usher in a new era for the MICE industry in Macau. GICC is a world- class event venue featuring 40,000-square-meter of total flexible MICE, and a 16,000-seat Galaxy Arena – the largest indoor arena in Macau.

For more details, please visit and

Lao, Korean Red Cross Unite to Boost Blood Supplies in Laos

Blood Donation (Photo: The National Blood Transfusion Institute)

The Lao Red Cross (LRC) in Vientiane has formalized its partnership with the Korean Red Cross Blood Services (KRCBS) to strengthen blood service operations in Laos. 

Hong Kong Innovation & Invention Spotlights Over 40 Local Innovations at Entrepreneur Day 2024

10+ inventions won awards at the 4th Asia Exhibition of Innovations and Inventions Hong Kong


HONG KONG SAR – Media OutReach Newswire – 10 December 2024 – The Hong Kong Exporters’ Association (HKEA)’s “Hong Kong Innovation & Invention” (HKII) today showcased over 40 locally invented innovations at Entrepreneur Day 2024.

(From Left to right: 1) Eric Sun, Chairman of the Hong Kong Exporters' Association; 2) David Taji Farouki, the President of the Jury of the International Exhibition of Inventions Geneva; 3) Alice Lai, Vice Chairman of the Hong Kong Exporters Association and Project Convenor, Hong Kong Innovation & Invention; and 4) Helena Chiu, Vice Chairman of the Hong Kong Exporters Association)
(From Left to right: 1) Eric Sun, Chairman of the Hong Kong Exporters’ Association; 2) David Taji Farouki, the President of the Jury of the International Exhibition of Inventions Geneva; 3) Alice Lai, Vice Chairman of the Hong Kong Exporters Association and Project Convenor, Hong Kong Innovation & Invention; and 4) Helena Chiu, Vice Chairman of the Hong Kong Exporters Association)

Exhibited inventions have undergone rigorous evaluation by a distinguished panel of industry professionals. The shortlisting process will be conducted based on novelty, level of innovation and invention, technical utility, and symbolic significance. All exhibits are original inventions manufactured and launched in the market with patent protection or are under patent filing.

Various companies participated in HKII and displayed their innovations at Entrepreneur Day, covering classes from Smart City, Smart Home & Living, Smart Finance, Health Technologies and Medicine, and Smart Transportation to Smart Industry. This year, HKII introduced a new Youth class for young inventors below 18 to exchange creative, innovative ideas with global I&T leaders.

Several innovations showcased in HKII won awards at the 4th Asia Exhibition of Innovations and Inventions Hong Kong:

  • Smart City: NerOcean invents “Artificial Mussels”, a non-invasive monitoring device that can effectively monitor heavy metals and radionuclides in water while reducing monitoring costs by up to 95%. Artificial Mussels” was awarded with a gold award.

  • Smart Home & Living: BioLogiQ Elite invents ReGen plant-based products, a sustainable alternative to wood products with a reduced carbon footprint and fewer microplastics. ReGen plant-based products were awarded with a gold award.
  • Health Technologies and Medicine: Prof. Freddy Boey and Prof. Li Xinke from the City University of Hong Kong co-invent “AI-Driven Breath Analyzer” for rapid and mass screening of infectious diseases. The invention was awarded with a gold award.
  • Smart Transportation: Hong Kong Science and Technology Parks startup Volar Air Mobility innovated RX4E, a four-seater electric aircraft for commercial operations including air taxi, green eco-tourism, logistics.
  • Smart Industry: BioLogiQ Elite invents BioLogiQ Solution, an innovative plant-based material solution that enables manufacturers to make more sustainable products. The solution was awarded with a gold award.

  • Youth(Below 18 years old): Youths from Chung Sing School designed a carbon capture travel pack using carbon capture pellets to sequester atmospheric carbon dioxide. The team’s study suggests that a school with 800 students using 10 g of carbon capture pellets can potentially remove 105 kg of CO2 in 1 year.

For more images, please refer to: https://drive.google.com/drive/folders/11pIe36n1sh5axW7VxzGfIwjPkhE6Brqp?usp=sharing

“Connectivity” has been one of the core values of the HKEA”, said Alice Lai, Vice Chairman of HKEA and Project Convenor of HKII. “The HKII project aims to showcase Hong Kong inventors’ innovations at top international exhibitions, demonstrating the city’s strengths of innovation and technology while fostering collaboration among innovative talents, entrepreneurs and investors. In April, we are going to exhibit at the 50th International Exhibition of Inventions hosted in Geneva, Swissland, helping local SMEs and startups to expand oversea markets.”

HKII is also committed to strengthening Hong Kong’s role as a hub of the Guangdong-Hong Kong-Macao Greater Bay Area and promoting connectivity between the I&T industry in Hong Kong, the Mainland and the world. In the spring of the coming year, the project will organise a delegation trip to Shenzhen to learn about the low-altitude economy, drones and unmanned vehicle technology. Another delegation trip to Zhuhai will also be held in the second quarter to explore the aerospace industry.

Hashtag: #HongKongExportersAssociation

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

About Hong Kong Exporters’ Association (HKEA

Founded in May 1955, the Hong Kong Exporters’ Association (HKEA) is a non-profit making trade association registered under the Hong Kong Companies Ordinance. The Association’s mission is to develop Hong kong as a trading hub for exporters, dedicating its efforts to serve and add value for the exporter community.

About “Hong Kong Innovation & Invention” (HKII)

“Hong Kong Innovation & Invention” (HKII), organized by the Hong Kong Exporters’ Association (HKEA) and sponsored by the Innovation and Technology Commission (ITC) of the Government of the Hong Kong Special Administrative Region, is an initiative dedicated to showcasing and promoting Hong Kong’s immense potential in innovation and technology (I&T) to a global audience. The Project aims to facilitate collaboration within the industry and cultivate a vibrant I&T culture among the general public.

For more details on the Project, visit

Fighting Corruption: Laos Recovers Millions in 2024

Fighting Corruption: Laos Recovers Millions in 2024
SIAA Vice President Vilayvanh Boutdakham delivers a speech on the occasion of International Anti-Corruption Day. (Photo credit: Phouviengkham)

Corruption continues to pose a significant challenge in Laos, with total losses amounting USD 32.1 million in 2024, according to the State Inspection and Anti-Corruption Authority (SIAA).

Kubuqi Desert’s Governance Model Sets a Global Benchmark for Environmental Restoration

BEIJING, CHINA – Media OutReach Newswire – 10 December 2024 – The innovative environmental governance model of China’s Kubuqi Desert has gained international recognition, establishing itself as a benchmark for combating desertification and addressing climate change worldwide.

At the heart of this success is the Three-North Shelterbelt Forest Program, one of the world’s largest ecological initiatives. Since its inception in 1978, this monumental project has built a “Great Green Wall” across northern China, shielding the region from sandstorms, preserving soil and water, and revitalizing local agriculture and animal husbandry. This model stands as a testament to China’s effective strategies in desert reclamation and offers inspiration for global climate resilience.

A Transformation Decades in the Making

Once synonymous with environmental decay, the Kubuqi Desert was a challenging landscape where herders endured harsh conditions—lacking water, electricity, and economic opportunities. Over the past 35 years, however, one-third of the desert has been transformed into lush, green land. Vegetation coverage has surged from just 3% to over 50%, creating fertile grounds and a thriving ecosystem.

This remarkable turnaround was achieved through a partnership among the government, private sector, and local communities. With policy and funding support from the Chinese government, coupled with advanced technologies pioneered by private enterprises like Elion Group, Kubuqi’s success has become a shining example of sustainable desert management.

Innovative Technologies Powering Progress

Key innovations have been instrumental in the desert’s transformation. The development of over 100 ecological technologies—such as sand-binding plants, efficient irrigation systems, windbreaks, big data, and drone-based desert control—have streamlined reforestation and desert control efforts. Among these, a groundbreaking method allows trees to be planted in just 10 seconds, drastically increasing efficiency.

Economic Revitalization

The transformation of Kubuqi has not only revitalized the environment but also the local economy. New roads and infrastructure now connect the region, opening up opportunities for trade, transportation, and investment. What was once a barren wasteland is now a vibrant economic hub, benefiting local farmers and residents alike.

A Global Model for Change

China aims to restore over 70% of the Kubuqi Desert by 2030, a goal that underscores its commitment to combating desertification and climate change. Recognized globally as a success story, Kubuqi serves as a testament to human perseverance and innovation.

The transformation of the Kubuqi Desert is a powerful reminder that even the harshest landscapes can be revitalized. This achievement highlights the potential of global collaboration in addressing climate challenges.

As the sun sets over Kubuqi today, it illuminates a story of hope, persistence, and the boundless possibilities of sustainable environmental governance.

Watch the inspiring journey of Kubuqi Desert here: https://youtu.be/9qK7jOQafmQ
Hashtag: #KubuqiDesert

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

XTransfer Named “Best Payment Solutions Provider” in Corporate Treasurer Awards 2024


HONG KONG SAR – Media OutReach Newswire – 10 December 2024 – XTransfer, the World’s Leading & China’s No.1 B2B Cross-Border Trade Payment Platform, is excited to announce that it has been awarded the “Best Payment Solutions Provider” at the Corporate Treasurer Awards 2024, organized by Corporate Treasurer magazine. This award highlights XTransfer’s exceptional performance in delivering innovative payment solutions for global SMEs engaged in foreign trade.

Neil Ni, Chief Strategy Officer of XTransfer, received the award from the Corporate Treasurer’s representative.
Neil Ni, Chief Strategy Officer of XTransfer, received the award from the Corporate Treasurer’s representative.

Corporate Treasurer magazine is a professional publication established by FinanceAsia magazine in 2012 with a focus on corporate treasury and cash management. The judges for the awards consist of financial executives from some of the largest companies and multinational corporations in the Asia region. The evaluation criteria include the performance of supplier products and services, company technological innovation, adherence to market best practices, and value creation for customers. XTransfer’s collaboration with internationally renowned banks and financial institutions to provide high-quality payment solutions for clients was a significant consideration in the selection process.

The “Best Payment Solutions Provider” award recognizes XTransfer for its successful partnerships with internationally renowned banks and financial institutions. Over the past year, XTransfer has actively broadened its collaborations with financial institutions such as TransferMate, Banking Circle, and TerraPay. These partnerships enable XTransfer to offer SMEs secure, compliant, fast, and cost-effective B2B cross-border payment solutions. By providing clients with payment options in over 200 countries and various currencies, XTransfer significantly lowers the barriers and costs for SMEs looking to expand internationally, enhancing their global competitiveness.

Additionally, XTransfer’s AI technology has been recognized for creating a data-based, automated, Internet-based, and intelligent anti-money laundering risk control infrastructure centred on SMEs. This infrastructure bridges global financial institutions with SMEs through technology, allowing SMEs to enjoy the same level of cross-border financial services as large multinational corporations.

Neil Ni, Chief Strategy Officer of XTransfer, said, “We are honoured to receive the ‘Best Payment Solutions Provider’ award from the Corporate Treasurer. This award demonstrates our close collaboration with international banks and financial institutions. It also reflects the excellent teamwork within the company, where members leverage each other’s strengths and expertise to provide outstanding payment solutions to clients.”
Hashtag: #XTransfer #CorporateTreasurer #BestPaymentSolutions #Award #CrossBorder #Payment





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

About XTransfer

XTransfer, World’s Leading & China’s No.1 B2B Cross-Border Trade Payment Platform, is dedicated to providing SMEs with secure, compliant, fast, convenient and low-cost foreign trade payment & fund collection solutions, significantly reducing the cost of global expansion and enhancing global competitiveness. Founded in 2017, the company is headquartered in Shanghai and has branches in Hong Kong SAR, the United Kingdom, the Netherlands, the United States, Canada, Australia, Singapore, Vietnam, Thailand, Malaysia, the Philippines, the UAE, Nigeria, etc. XTransfer has obtained local payment licenses in Hong Kong, the United Kingdom, the United States, Canada, and Australia. With more than 550,000 enterprise clients, XTransfer has become the industry No.1 in China.

By cooperating with well-known multinational banks and financial institutions, XTransfer has built a unified global multi-currency clearing network and built a data-based, automated, Internet-based and intelligent anti-money laundering risk control infrastructure centred on small and medium enterprises. XTransfer uses technology as a bridge to link large financial institutions and small and medium enterprises around the world, allowing SMEs to enjoy the same level of cross-border financial services as large multinational corporations.

XTransfer completed its Series D financing in September 2021 and achieved unicorn status. The Company possesses a diverse composition of international investors, including D1 Capital Partners LP, Telstra Ventures, China Merchants Venture, eWTP Capital, Yunqi Capital, Gaorong Capital, 01VC, MindWorks and Lavender Hill Capital Partners.

For more information:

Eq8 Unveils World’s First Waqf ETF To Drive Socio-Economic Impact Investing


KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 10 December 2024 – Eq8 Capital Sdn Bhd (“Eq8“), a member of Kenanga Investors Group (“Kenanga Investors”), has announced the listing of the world’s first Waqf-featured exchange-traded fund (“ETF“), the Eq8 FTSE Malaysia Enhanced Dividend Waqf ETF (“Waqf ETF” or “EQ8WAQF“), on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Malaysia” or “Exchange“). The Waqf ETF aims to distribute income annually with half of the income distribution to be allocated as Waqf assets with the remaining half payable to unitholders. The launch is the result of a strategic collaboration between Eq8 and Yayasan Waqaf Malaysia (“YWM“) which was announced in June this year with YWM as the appointed Waqf administrator of the Waqf assets generated by the Waqf ETF.

Sixth from left to right: Tan Sri Abdul Wahid Omar, Chairman of Bursa Malaysia; Yang Berhormat Senator Dato' Setia Dr. Haji Mohd Na'im bin Haji Mokhtar, Minister of Religious Affairs, Prime Minister's Office and Chairman of Yayasan Waqaf Malaysia; Datuk Chay Wai Leong, Group Managing Director of Kenanga Investment Bank Berhad; Datuk Muhamad Umar Swift, Chief Executive Officer of Bursa Malaysia; Mr. Steven Choy Khai Choon, Chairman/ Non-Independent Non-Executive Director of Kenanga Investors Berhad; and first from right: Datuk Wira Ismitz Matthew De Alwis, Executive Director/ Chief Executive Officer of Kenanga Investors Berhad at the launch of the world’s first Waqf-featured Exchange-Traded Fund, the Eq8 FTSE Malaysia Enhanced Dividend Waqf
Sixth from left to right: Tan Sri Abdul Wahid Omar, Chairman of Bursa Malaysia; Yang Berhormat Senator Dato’ Setia Dr. Haji Mohd Na’im bin Haji Mokhtar, Minister of Religious Affairs, Prime Minister’s Office and Chairman of Yayasan Waqaf Malaysia; Datuk Chay Wai Leong, Group Managing Director of Kenanga Investment Bank Berhad; Datuk Muhamad Umar Swift, Chief Executive Officer of Bursa Malaysia; Mr. Steven Choy Khai Choon, Chairman/ Non-Independent Non-Executive Director of Kenanga Investors Berhad; and first from right: Datuk Wira Ismitz Matthew De Alwis, Executive Director/ Chief Executive Officer of Kenanga Investors Berhad at the launch of the world’s first Waqf-featured Exchange-Traded Fund, the Eq8 FTSE Malaysia Enhanced Dividend Waqf

“We are proud to announce the launch of the world’s first Waqf-featured ETF together with YWM, marking a significant milestone after months of dedicated effort. The Waqf ETF underscores Kenanga Investors unwavering commitment to advance impact investing, especially in today’s climate. Waqf is now widely recognised as a critical pillar of support for Malaysia’s socio-economic development and contributes to the United Nation’s Sustainable Development Goals. We perceive the launch to be in alignment with the government’s call for increased collaborations between religious bodies, the public and the private sectors in order to maximise potential for Waqf assets to fund projects such as education, healthcare, economic empowerment and environment. This reflects the spirit of Waqf in creating long-term, sustainable benefits for communities, fostering social equity, and addressing pressing societal needs”, said Kenanga Investors’ Executive Director and Chief Executive Officer, Datuk Wira Ismitz Matthew De Alwis.

The Waqf ETF represents a continuous commitment by Kenanga Investors and its group of companies to participate in the Securities Commission Malaysia’s Islamic Fund and Wealth Management Blueprint, Waqf-Featured Fund Framework alongside the enhancements to Bursa Malaysia’s Main Market Listing Requirements. The Waqf ETF is the third Waqf-featured product by the group that has been issued since the launch of the Kenanga Waqf Al-Ihsan Fund in 2021.

Umar Alhadad, Executive Director of Eq8, shared, “EQ8WAQF exemplifies how an Islamic capital market product can be innovatively developed to integrate investment returns while fostering inclusivity, sustainability, and shared prosperity. Through democratised access on the Exchange, investors will have the opportunity to access and achieve dual impact investing goals from the Waqf ETF. EQ8WAQF features an index lead scheme to generate dividends from the thoughtfully designed index which combines an income-focused strategy with a momentum-based approach. This innovative strategy aims to deliver higher dividend yields while providing investors with potential capital growth, positioning it as an advantageous alternative to traditional dividend-focused funds”.

“We are glad to continue our partnership with Kenanga Investors with the introduction of the Eq8 FTSE Malaysia Enhanced Dividend Waqf ETF. This Waqf ETF serves as an additional instrument in accommodating Yayasan Waqaf Malaysia’s efforts to grow Waqf assets and the wellbeing of the community with the distribution of the Waqf assets for the EQWAQF to be channelled towards economic empowerment, education, healthcare, and environmental causes. With the formation of innovative products like this, investors of all faiths may now take part in contributing towards the betterment of society. We look forward to working closely with more stakeholders across Malaysia to drive the growth and development of Waqf”, YWM’s Chief Executive Officer, Dr. Ridzwan Bakar explained.

Bursa Malaysia’s Chief Executive Officer, Datuk Muhamad Umar Swift, said, “We extend our congratulations to Eq8 and Yayasan Waqaf Malaysia on the launch of the world’s first waqf-featured ETF. the Exchange has observed a growing trend of investors opting for Shariah or ethical investing, given its close alignment with ESG investing. As such, the introduction of the EQ8WAQF is therefore timely and is expected to be well-received by investors, particularly those seeking financial returns while making a positive impact on society. Importantly, the EQ8WAQF supports our effort to broaden investment opportunities and foster inclusivity for investors, offering more products to encourage their participation in the capital market”. The Waqf ETF is the fifth addition to Eq8’s ETF product suite making it the largest ETF issuer in Malaysia. EQ8WAQF is suitable for investors seeking medium to long-term investment opportunities in liquid financial instruments with index-tracking features that focus on high-yield, dividend-paying Shariah-compliant equities.

For more information about Eq8, please visit www.eq8.com.my.

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

Eq8 Capital Sdn Bhd (Formerly known as i-VCAP Management Sdn Bhd) 200701034939 (792968-D)

Eq8 is a wholly owned subsidiary of Kenanga Investors Berhad and was incorporated on 25 October 2007. Eq8 holds a Capital Markets Services Licence (CMSL) for fund management in relation to portfolio management which was issued by the Securities Commission Malaysia under the Capital Markets and Services Act 2007. Its principal business activity is the provision of Shariah-compliant investment management services.

Eq8 manages five equity ETFs that are listed on Bursa Malaysia. As at 30 November 2024, the asset under management is RM348 million.