Cambodia has officially withdrawn from the regional development pact with neighboring Laos and Vietnam. The decision was announced by Cambodian Prime Minister Hun Manet on 20 September, citing concerns about national sovereignty and increasing political opposition.
Cambodia Withdraws from Development Pact with Laos, Vietnam

Caladan Announces Options and Structured Products Desk

SINGAPORE – Media OutReach Newswire – 2 September 2024 – Leading digital asset trading group Caladan is proud to announce the opening of its over-the-counter crypto options desk to offer crypto structured products for institutional and accredited investors.

Strategic Expansion Into Structured Products
Caladan’s decision to expand into structured products is a natural expansion of how it partners with crypto token projects, and as a leading crypto trading firm, it is highly synergistic with its existing venture capital investing and market-making activities.
“For years, we’ve supported crypto startups at their very earliest stages as a venture capital investor, and also at token listing with our crypto market-making capabilities across CEFI and DEFI”, said John Gu, CEO of the Caladan Group, “Now, we are expanding further across the token project lifecycle by providing treasury solutions for token foundations and key investors that will enable them to protect and leverage their investments.”
Remi Colinmaire Appointed as Head of Options Trading
Caladan has appointed Remi Colinmaire as its Head of Options Trading.
Colinmaire, who is based out of the Caladan Group’s Singapore office, brings over twenty years of experience in options and volatility trading to the role. He began his career as an options market-maker at BNP Paribas, and has previously been a Managing Director at Goldman Sachs and a Portfolio Manager at AlphaDyne Asset Management specialising in index volatility trading.
“I am delighted to join Caladan to build out the crypto structured products and options business”, said Colinmaire. “Despite being a nascent market, digital assets options are poised to grow tremendously from here as more institutions and sophisticated investors are looking for capital efficient financing solutions.,” he added.
Options Products Available on Long Tail Tokens
As an alt-coin specialist, Caladan will be offering a range of derivative solutions on a large number of different tokens, including crypto hedging solutions, treasury solutions, and various crypto yield products as well.
These crypto structured products will allow token foundations and institutional investors to generate yield on and hedge the risk of their holdings, including through crypto OTC options for large transactions.
“Token foundations and institutional investors often don’t want to sell their holdings as they believe in the project for the long run”, said Will Leung, Caladan’s Head of Business Development. “Instead, we are seeing increased demand from the most savvy foundations and investors for solutions to be able to monetize their holdings, combining a crypto market making strategy with hedging to protect capital.
More information on hedging and protection strategies may be found on the Caladan website.
Caladan Group’s structured products solutions will only be available to institutions and accredited investors subject to strict customer due diligence. These products are not offered to retail investors or the general public in Singapore.
Hashtag: #CaladanGroup #CryptoOptions #CryptoStructuredProducts #OTCTrading
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About Caladan
Caladan makes digital asset markets more efficient and fair. We support exchanges, tokens, and institutional investors with on-exchange liquidity, DeFi expertise, treasury solutions, and investments. Since 2017 we’ve been a pioneer in crypto market-making, powering over $50B in annual transactions across 1000+ assets.
“Panda’s World” Photography Exhibition of Giant Pandas Grandly Opens in Paris, France

PARIS, FRANCE – Media OutReach Newswire – 2 October 2024 – On September 24, 2024, the third stop of the cultural exchange event featuring Panda Wandering, “Panda’s World” photography exhibition of giant pandas, was grandly inaugurated at the Paris Grand Palais art gallery in France. The opening ceremony was attended by numerous distinguished guests, creating a lively and celebratory atmosphere. Dignitaries from both China and France, including representatives from political, business, and art sectors, were present. France’s First Lady Brigitte Macron sent a message of congratulations, wishing the panda photography exhibition great success!
Ninon Vernay, who suffers from cystic fibrosis, fulfilled her dream last year with the help of Sino-French charities by visiting Chengdu, Sichuan, to see pandas. This event marked her continued journey with pandas. During the cultural exchange sharing session, Zhou Mengqi, the global ambassador of panda culture and renowned panda photographer, shared captivating stories about pandas and his photography journey, leaving the audience deeply moved by the charm of these adorable creatures.
In addition to enjoying countless stunning panda photographs, visitors also participated in panda-themed DIY activities, which further enriched their understanding of Chinese culture.
Pandas, China’s national treasure, are envoys of friendship and symbols of the strong bond between China and France. As we celebrate the 60th anniversary of diplomatic relations between the two countries, this panda photography exhibition will further strengthen the friendship between the peoples of China and France. The exhibition will continue its global tour, using visual media to showcase the unique charm of pandas and promote Chinese culture, especially from Sichuan, to the world.
Hashtag: #PandasWorld
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Trend Micro Warns Devices and Accounts are Highest-Risk Assets
Cyber Risk Report highlights critical vulnerability, offers new ways to prioritize risk management
HONG KONG SAR – Media OutReach Newswire – 2 October 2024 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today urged network defenders to gain greater visibility into risk across their attack surface, after unveiling a new study* which provides granular metrics by region, company size, industry, asset type and more.
To read a full copy of the report, Intercepting Impact: 2024 Trend Micro Cyber Risk Report, please visit: https://www.trendmicro.com/vinfo/hk/security/news/cybercrime-and-digital-threats/intercepting-impact-2024-trend-micro-cyber-risk-report
Jon Clay, VP of threat intelligence at Trend Micro: “Trend’s cyber risk report shares key insights on where risks are greatest within organizations such as weak security controls, misconfigurations, and unpatched actively exploited vulnerabilities. Shifting towards a more risk-based approach to cybersecurity—discovering the entire attack surface, using AI to calculate the actual risk, and providing mitigating controls advice—allows an organization to improve its cybersecurity posture like never before. This is a game changer for the industry.”
Using a risk event catalog, the Trend Vision One™ platform calculates a risk score for each asset type and an index for organizations by multiplying an asset’s attack, exposure, and security configuration by impact. An asset with low business impact and few privileges has a smaller attack surface, while higher-value assets with more privileges have a larger attack surface.
The following assets are the most at risk:
- Devices: 22.6 million total devices, with 877,316 classified as high-risk.
- Accounts: 53.9 million total accounts, with 12,346 classified as high-risk.
- Cloud Assets: 14.5 million total cloud assets, with 9,944 classified as high-risk.
- Internet-Facing Assets: 1.1 million total, with 1,661 classified as high-risk.
- Applications: 8.8 million total applications, with 489 classified as high-risk.
The number of high-risk devices is much higher than that of accounts, even though there are more accounts in total. Devices have a larger attack surface—i.e., they can be targeted with more threats. However, accounts are still valuable as they can grant threat actors access to various resources.
Elsewhere, the report also found:
- Americas has the highest average risk index among regions, with an average risk index rating of 43.4, driven by vulnerabilities in the banking sector and critical infrastructure and the region’s attractiveness to profit-driven actors.
- Europe is the quickest region to patch vulnerabilities, indicating strong security practices.
- Mining has the highest risk score of any vertical due to its strategic position in global supply chains and large attack surface.
- Pharmaceuticals are the fastest sector to patch vulnerabilities by several days, reflecting the importance of protecting sensitive data.
- The top detected risk event is accessing cloud applications with a high risk level based on historical application data, known security features, and community knowledge.
- Old and inactive accounts, accounts with disabled security controls, and sensitive data being sent outside the network are other risk events with high event counts.
The report also uncovered many weak configurations that could lead to compromise, especially around security control settings.
As the threat landscape continues to evolve, organizations’ ability to identify and manage risks is becoming increasingly crucial. The Trend Vision One™ platform, with its integrated Attack Surface Risk Management (ASRM), provides the necessary tools for comprehensive threat visibility and effective risk mitigation.
The following steps are recommended to help mitigate cyber risk:
- Optimize product security settings to get alerts on misconfigurations.
- When a risky event is detected, contact the device and/or account owner to verify the event. Investigate the event using the Trend Vision One™Workbench search function to find more information about or check event details on the product management server.
- Disable risky accounts or reset them with a strong password and enable multi-factor authentication (MFA).
- Apply the latest patches or upgrade application and operation system versions regularly.
*The report is based on telemetry data from Trend Micro’s Attack Surface Risk Management (ASRM) solution in its flagship cybersecurity platform, Trend Vision One™, plus the native eXtended Detection and Response (XDR) tools. It’s divided into two sections: the user side covers risk in assets, processes, and vulnerabilities, while the adversary side maps adversary behaviors, MITRE, and TTPs. Data points are based on telemetry from December 25, 2023, to June 30, 2024.
Hashtag: #trendmicro #trendvisionone #visionone #cybersecurity #cyberrisk #cyberriskindex
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Trend Micro
Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, Trend Micro’s AI-powered cybersecurity platform protects hundreds of thousands of organizations and millions of individuals across clouds, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, Trend’s platform delivers a powerful range of advanced threat defense techniques optimized for environments like AWS, Microsoft, and Google, and central visibility for better, faster detection and response. With 7,000 employees across 70 countries, Trend Micro enables organizations to simplify and secure their connected world. www.TrendMicro.com.hk
ISCA Partners COC to Launch New AML and CFT Initiatives to Enhance Charities Sector’s Financial Governance and Resilience

SINGAPORE – Media OutReach Newswire – 2 October 2024 – Minister for Culture, Community and Youth and Second Minister for Law Edwin Tong announced that the Institute of Singapore Chartered Accountants (ISCA) will partner the Office of the Commissioner of Charities (COC) to bolster the resilience of Singapore’s charities sector through new anti-money laundering (AML) and countering the financing of terrorism (CFT) initiatives. He made this announcement at Charity Governance Conference 2024 today.
ISCA partners COC to set up Charities AML/CFT Services Panel
Recognising the pressing need for robust governance amid growing concerns over the vulnerabilities in fund-raising practices, ISCA and Office of COC will be rolling out subsidised services for charities in Singapore to help enhance their AML/CFT capabilities. This initiative will be led by a Charities AML/CFT Services Panel set up by ISCA, comprising accounting firms – Forbis Accounting Pte Ltd, InCorp Global and Unity Assurance Pte Ltd.
Charities can approach the panel members for support in conducting due diligence checks, identify potential risks and provide interpretation of the screening results. They can also receive support in the drafting and implementation of AML/CFT policies and procedures at a low bono fee.
ISCA’s Community Accounting Programme
ISCA is also spearheading digital transformation in the charities sector through its Community Accounting Programme, which was launched in October 2023 in partnership with the Office of COC and the National Council of Social Service. The programme is designed to accelerate the digital transformation of charities, particularly those with limited resources. It targets to support more than 50 charities and non-profit organisations by end-2024. A pilot programme was recently concluded in March 2024 with three charities which helped to digitalise their accounting and finance processes. For example, Fo Guang Shan (Singapore), a Buddhist organisation, benefitted from a transition to Xero, a cloud-based accounting solution, supported by Singapore Corporate Services Pte Ltd. The transition allowed the charities to automate manual tasks, retrieve supporting documents easily, as well as obtain up-to-date and accurate information for cashflow planning. More importantly, this has improved the charity’s financial operations for better accountability and governance.
These initiatives underscore ISCA’s and Office of COC’s commitment to advancing the charity sector, reinforcing public trust and promoting operational excellence.
Professor Ang Hak Seng, Chairman of ISCA Charity Accounting Committee, said: “ISCA is committed to making an impact in the charities sector by working hand-in-hand with Office of COC. Together, we aim to strengthen charities’ governance through initiatives like provision of AML risk consultancy, AML know your donor screening services, as well as our Community Accounting Programme. These initiatives help protect charities from money laundering threats and automation of robust finance processes to enhance transparency and accountability. As the national accountancy body, ISCA is happy to serve as a platform to enable ISCA members to contribute meaningfully and be able to make a lasting difference in the community.”
Commissioner of Charities, Mr Desmond Chin said: “We are pleased to partner ISCA to enhance the financial governance and resilience of our charity sector. The Charities AML/CFT Services Panel will provide charities with the tools and knowledge to strengthen their AML/CFT measures. We will continue working together with our partners to foster a culture of transparency and accountability to strengthen public trust in charities.”
Hashtag: #ISCA #Accountancy #Accounting #DifferenceMakers #AML #AntiMoneyLaundering #CFT #Counteringthefinancingofterrorism
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Institute of Singapore Chartered Accountants
The Institute of Singapore Chartered Accountants (ISCA) is the national accountancy body of Singapore with over 36,000 ISCA members making their stride in businesses across industries in Singapore and around the world. ISCA members can be found in over 40 countries and members based out of Singapore are supported through 12 overseas chapters in 10 countries.
Established in 1963, ISCA is an advocate of the interests of the profession. Complementing its global mindset with Asian insights, ISCA leverages its regional expertise, knowledge, and networks with diverse stakeholders to contribute towards the advancement of the accountancy profession.
ISCA administers the Singapore Chartered Accountant Qualification programme and is the Designated Entity to confer the Chartered Accountant of Singapore – CA (Singapore) – designation.
ISCA is a member of Chartered Accountants Worldwide, a global family that brings together the members of leading institutes to create a community of over 1.8 million Chartered Accountants and students in more than 190 countries.
For more information, visit www.isca.org.sg.
OH!SOME Hits Malaysia: The Ultimate One-Stop Destination for Awesome Living

SINGAPORE – Media OutReach Newswire – 2 October 2024 – OH!SOME, a one-stop retail brand, made its debut in Malaysia on September 20 at AEON Bandar Dato Onn in Johor Bahru and AEON Mall in Taiping.

Featuring the brand’s signature yellow color and various theme elements, the stores offer an immersive shopping experience within a space exceeding 1,000 square meters. By introducing over 10,000 trendy lifestyle products to Malaysian consumers, the stores aim to set a blazing new shopping trend for consumers in the cities.
Bringing Together Global Product to Create a One-Stop Shopping Experience
OH!SOME, a one-stop trendy retail brand originating from Singapore, whose brand name is inspired by the English word “awesome”, aims to bring consumers better shopping products and experiences, thereby helping to create a happier life.
OH!SOME offers 15 categories of global goods, including beauty and skincare, trendy toys, snacks and beverages, accessories, and 3C products, fully covering everyone’s daily needs. Disney fans can also look out for products featuring their favourite characters such as Donald Duck and Stitch available in-store. Starting in October, OH!SOME will gradually unveil new product collections featuring beloved Pixar characters such as: the fluffy villain Lotso, extraterrestrially adorable Alien and heroic Buzz Lightyear from Toy Story; and fun-loving Red Panda Mei from Turning Red, with a range of adorable items including bags, accessories, cups, and plush toys.
Endless Excitement with More Stores Coming Soon
OH!SOME has gained widespread popularity and acclaim in the Indonesian market due to its diverse and innovative products, coupled with an immersive shopping experience, making it a sought-after brand among local consumers. Currently, the brand is gradually expanding into more Southeast Asian countries, with the aim of fostering a young and diverse new consumption pattern for the emerging markets in the region.
So far, OH!SOME has opened in two major Malaysian cities, Johor Bahru and Taiping. A new store is expected to open in Kuala Lumpur this December. In the future, OH!SOME plans to expand further across Malaysia and Singapore, bringing even more exciting products and collaborations, ensuring every visit is full of new discoveries.
Hashtag: #OH!SOME
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Schneider Electric launches Easy9 Pro, a versatile, reliable and safe electrical distribution solution tailored for panel builders and contractors

RIYADH, SAUDI ARABIA – Media OutReach Newswire – 2 October 2024 – Schneider Electric, the leader in the digital transformation of energy management and automation, today announced the launch of Easy9 Pro, the go-to product for small to medium commercial and residential building projects. The Easy9 Pro is a cost-effective, reliable, and versatile final distribution solution with unique features, tailored for both panel builders and contractors. Their compliance with international standards, compatibility with auxiliaries, and ability to cover multiple breaking capacity requirements make them a convenient and reliable choice for electrical installations. Furthermore, the Easy9 Pro complements Schneider Electric’s existing Easy series to have the full spectrum of electrical distribution solutions.

Designed with flexibility and reliability in mind
The Easy9 Pro is the latest range of final distribution products, part of the Easy9 family. It is designed to provide flexibility and cater to various projects and applications. Its dual-standard compliance makes it more convenient for residential and non-residential projects. The Miniature Circuit Breakers (MCBs) under Easy9 Pro are compatible with basic auxiliaries, OF SD and Shunt, making them capable of handling a wide variety of applications. It is also flexible to connect with different types of bus bars, including pin and fork, making projects more accessible for all users. Selecting the appropriate electrical equipment range can be made simpler, especially for non-residential projects, as the Easy9 Pro offers a high level of reliability and safety parameters, as well as a friendly budget. The MCB from this range offers dependable performance even at a higher short circuit level, thanks to its highest claim of energy-limiting class 3.
Ease and efficiency in managing project cost and quality
To improve cost efficiency, Easy9 Pro MCBs are budget-friendly and versatile. This offering makes it easy to control project costs without compromising quality or functionality, benefiting panel builders, contractors, and end-users looking for reliable electrical components that meet industry standards.
Advanced safety features
Easy9 Pro’s MCB and Residual Circuit Current Breaker (RCCB) devices include a green strip on the toggle for Positive Contact Indication. This visual indicator provides confirmation that the product is in the OFF state while ensuring product safety. Easy9 Pro ensures optimal safety at the system level by providing a higher conditional SC current for RCCB. When connected to an MCB in the system, it can withstand a short circuit fault of up to 10kA without getting damaged. The RCCB stays functional and continues to protect the system until the MCB clears the fault. This ensures that the system remains protected at all times.
“As we are embedding Sustainability in the centre of all our developments, we have become aware of impacts and challenges experienced by our customers and partners in this transformation. Adopting advanced technology optimizes the energy consumption and makes the electrical distribution system more reliable, safer, and cost-effective. Our recent solution – Easy9 Pro can address variety of applications across different segments, at the same time remaining cost-effective, helping our customers optimize overall budget of the project. We are proud of our continuous efforts to optimize resources to deliver high-quality products that meet the market needs.” Denis Marant, Senior Vice President of Home and Distribution Division – International Hub at Schneider Electric.
To know more, contact your Schneider Electric representative.
Hashtag: #Easy9Pro
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