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Laos Establishes Bullion Bank to Secure Gold Reserves, Stabilize Kip

The signing ceremony (Photo: Vientiane Times)

The Ministry of Finance, has signed an agreement with PTL  Holding Co., Ltd. on 7 August to establish the Lao Bullion Bank to build gold reserves, enhance financial stability, and strengthen the Lao Kip. 

Laos to Establish Tug-of-War as National Sport Under New Leadership

Laos to Establish Tug-of-War as National Sport Under New Leadership
Lao junior team prepares for Asean Tug of War Championship in 2019 (photo credit: Vientiane Times)

Laos’ Tug-of-War Federation is set to revive the sport under new leadership, with plans to elevate it nationally and increase its regional presence in the coming year.

Lao Woman Found Dead in Thailand, Police Suspect Drug Use

Lao Woman Found Dead in Thailand, Police Suspect Drug Use
Chonburi police investigates the crime scene (Photo credit: Thairath)

A 28-year-old Lao woman, Phraimany, also known as Namfon, was discovered dead at a luxury 7-story condominium in Pattaya, Chonburi Province on August 8, with Thai police suspecting that the use of drugs may be involved.

“Zero-Prepayment Storage” RESTORE Will Cover Chai Wan and Hung Hom From September


HONG KONG SAR – Media OutReach Newswire – 9 August 2024 – “Zero-Prepayment Storage” RESTORE is coming to Chai Wan and Hung Hom this September, as part of its plan to provide innovative and carefree mini storage service to more locations in Hong Kong.

RESTORE HK

RESTORE currently operates close to 25 mini storage facilities across the territory, including Tuen Mun, Kwai Chung, Hung Hom, Sai Wan, North Point, Chai Wan, Wong Chuk Hang, Aberdeen, most with occupancies well over 90%. The company has also added more lockers in Sai Wan and Wong Chuk Hang just last month.

While demand for mini storage in Hong Kong continues to grow in recent years, concerns over prepayment risks, fire safety, facility and service quality control continue to weigh on the confidence of potential users. Combining a user-focused mindset, compliance-driven design and technology knowhow, RESTORE seeks to address these customer pain points with innovative solutions.

“Zero-Prepayment” Lowers Rental Risks

One of the distinguishing features of RESTORE is its “flexible payments for flexible service” approach. With its “Zero Prepayment” program, a commitment-free rental arrangement, the company is among one of the first local mini storage providers to introduce US-style payment flexibility to users in Hong Kong.

“Zero Prepayment” not only minimizes financial burden for storage users, it also avoids risks commonly associated with one-time prepayment schemes. Additionally, a commitment-free rental arrangement also allows customers to adjust their storage plans with convenience, enabling early move-outs or upgrade/downgrades as needed, without worrying about losses due to plan changes.

RESTORE also places great emphasis on pre- and after-sales service, with regular cleaning and maintenance regimes to ensure continuous customer enjoyment of high-quality storage service over their stay. Rare among its peers, RESTORE assigns dedicated personnel to see to the needs of each customer in a timely manner. Customer recognition for its service quality is readily felt from the multitude of positive reviews online.

Simplicity Through Tech and Design

RESTORE is dedicated to improving storage safety, facility management and service quality through tech innovations, including creative lighting solutions, smart temperature and humidity control systems. Each mini storage unit also features an independent smart electronic lock, enhancing the security of customers’ belongings, improving convenience, and elevating the overall storage experience for users.

RESTORE also boasts an in-house architectural design team to ensure close compliance with latest fire safety building codes, while creating bright and comfortable interiors for customers with a penchant for minimalist living.

Chai Wan Mini Storage Address: Unit C, 11th Floor, Man Foong Industrial Building, 7 Heung Yip Road, Chai Wan

Hung Hom Mini Storage Address: Unit C, 10th Floor, Phase 1, Triumph Industrial Centre, 37-45 Man Yue Street, Hung Hom

Hashtag: #Zero-PrepaymentStorage #ChaiWanMiniStorage #HungHomMiniStorage



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

Value Exchange International, Inc. Provides Business Update and Initiates the Process of Up-Listing to a National Securities Exchange


HONG KONG SAR – Media OutReach Newswire – 9 August 2024 – Value Exchange International, Inc. (OTCQB: VEII) (“VEII” or the “Company”) announced today recent efforts to achieve VEII’s strategic vision for the future and deliver value for our shareholders and business partners.

National Securities Exchange Listing Upgrade Plans
VEII has initiated the process of uplisting our Common Stock from OTC QB Venture Market to listing on a national securities exchange. The Company believes an uplisting would provide greater access to capital, increased liquidity for the Common Stock and a stronger capital market platform for strategic growth and innovation.

Business Updates
VEII has spearheaded the installation of Electronic Shelf Labels (“ESL”) systems in retail stores across Malaysia, Thailand, the Philippines, and Hong Kong. We have expanded our esteemed clientele base with orders for two stores set to be deployed in August in the Philippines. Looking ahead, VEII is exploring opportunities to deploy our ESL technology in the EU, reflecting our commitment to global growth.

Innovative Product and Service Developments
In line with our expanding ESL business, VEII is addressing the retail industry’s need for instant paper price tag changes. Our ESL Manager App now integrates with mobile printing technology, enabling on-the-spot, instant printing of paper price tags. This innovation is set to significantly increase our service coverage across global chain stores, which are yet to be considered for ESL deployment.

Furthermore, in the month of July, VEII has introduced a new 4-color ESL that is being deployed in stores in Johor Bahru, Malaysia and has gotten maiden orders of Android TV Box placed by a renowned electronics retail chain in Hong Kong.

Hashtag: #VEII

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

About Value Exchange

VEII is a U.S. holding company headquartered in Hong Kong, with offices in Shenzhen, Guangzhou, Shanghai, and Beijing China, Manila and Kuala Lumpur. The Company provides integrating, market- leading Point-of-Sale/Point-of-Interaction (POS/POI), Merchandising, CRM & Reward, Locational Based (GPS & Indoor Positioning System (IPS)) Marketing, Customer Analytics, and Business Intelligence solutions. Company’s retail POS solutions process tens of millions of transactions per year at approximately 20,000 retail outlets in Asia.

For more information, please visit: . Contents of URL are not incorporated herein.

Forward-looking Statements: This press release may contain forward-looking statements regarding Value Exchange International, Inc. and its operating subsidiaries (collectively, the “Company”) within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are “forward-looking statements” including statements regarding: prospects of future growth from expansion of business efforts (like ESL) or of actually achieving an uplisting of the Common Stock to a national securities exchange; the likelihood that the Company will continue to deliver and financially benefit from its core information technology services business; the financial outlook of the Company; the general ability of the Company to achieve its commercial objectives, including the focus on higher profit work, to operate as a going concern and fund essential working capital needs in a timely manner; ability to attain and maintain adequate internal controls and systems necessary to timely file required reports; ability of Company to find affordable, adequate funding for any future expansion of Company’s business and markets; ability of Company to properly manage and integrate any future acquisitions or manage any expanded operations; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects,” “hopes,” “anticipates,” “excited,” “seeks,” “should,” “could,” “intends,” or “projects” or similar and variant expressions and involve known and unknown risks and uncertainties. These statements are based upon the Company’s current expectations and speak only as of the date hereof. The Company’s actual results in any endeavor may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, which factors or uncertainties may be beyond our ability to foresee or control. Other risk factors include the status of the Company’s common stock as a “penny stock” and status as a smaller reporting company as well as those listed in Company’s Form 10-K Annual Report for the fiscal quarter ended December 31, 2023, Form 10-Q quarterly report for the quarter ended March 31, 2024 and other reports posted on The OTC Markets Group, Inc. website and filed with the Securities and Exchange Commission, which can be viewed at www.sec.gov.

Trend Micro Expands Partnership Focus to Secure Enterprise AI Use

AI Platform Strategy Extends to New Partnerships and Industry Cooperation


HONG KONG SAR – Media OutReach Newswire – 9 August 2024 – Trend Micro Incorporated (TYO: 4704; TSE: 4704) continues to pioneer advancements in its cybersecurity platform to secure enterprise AI use. Aligned with this innovation focus, the company today announced its partnership with GMI Cloud, a leading venture-backed AI-native GPU cloud provider specializing in the development of a vertically integrated platform optimized for AI and ML workloads. This collaboration aims to enhance security measures for AI implementations and protect sensitive data in high-performance computing environments. Supporting the responsible use of AI, the company also announced that it has joined the Coalition for Secure AI (COSAI) alongside partners including Google, NVIDIA, Microsoft, IBM and others.

Kevin Simzer, COO at Trend: “Most AI integrations in the cybersecurity industry today arrive in the form of chat bots, alert summarizers, or other basic functions. Far fewer resources have been invested in securing actual AI implementations or leveraging the technology to help stretched security teams as they deal with escalating complexity and risk. Our AI strategy brings this need to the forefront, underpinning Trend’s platform evolution as well as working with partners and industry to better manage enterprise risk around AI use.”

Building on a long history of working with partners to help customers, Trend is working closely with innovative partners like GMI Cloud, which has standardized on the Trend Vision One™ platform to protect its customers using AI. The integration of Trend Vision One™ – Companion, an AI assistant leveraging NVIDIA NIM microservices and accelerated computing, into GMI Cloud’s Cluster Engine interface provides proactive threat detection and response, even in air-gapped environments.

Alex Yeh, Founder and CEO at GMI Cloud: “Recent incidents involving CrowdStrike have underscored the vulnerabilities in cybersecurity and data security within cloud-based systems. In response, we’re thrilled to announce our partnership with Trend Micro to develop a GPU-powered private cloud. This collaboration aims to prioritize security and enhance enterprise and government sovereign cloud solutions. Our on-demand and reserved GPU instances and storage, utilizing NVIDIA Certified data centers, combined with Trend Micro’s security solutions, enable even the most tightly controlled organizations to use AI without compromising data sovereignty.”

As an early mover in making a definitive statement on responsible use of AI, Trend is also working with the broader industry and has been advocating for policies on responsible use and regulation of AI. The Coalition for Secure AI (COSAI) is focused on members collaborating and sharing best practices for secure AI deployment, AI security research and product development.

After joining the coalition this week, Trend’s first initiative as a COSAI member is to prepare cyber defenders for a changing cybersecurity landscape. Key to this, Trend will lead the development of a framework to help defenders to:

  • Identify needed investments to counter the offensive cybersecurity capabilities of current and future AI models.
  • Deploy appropriate mitigation techniques and maintain best practices.

The framework will also focus on how organizations can scale cybersecurity investments and expand effective mitigation strategies to address the evolution of AI models supporting threat actors’ use of offensive capabilities.Hashtag: #trendmicro #trendvisionone #visionone #cybersecurity




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

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.

ASEAN Launches Airborne Infection Defense Platform to Address Tuberculosis

ASEAN Launches Airborne Infection Defense Platform to Address Tuberculosis
(From left to right) John Edgar, Director of USAID Regional Development Mission for Asia, ASEAN Office, Teodoro Herbosa, Stop TB Partnership Board Chairman, Bounfeng Phoummalaysith, Minister of Health of Laos, and Phonepadith Xangsayarath, Director General of Department of Communicable Disease Control, Ministry of Health. (photo supplied)

The Airborne Infection Defense Platform (AIDP) was officially launched on 8 August in Vientiane Capital to strengthen ASEAN countries’ tuberculosis (TB) response, health care systems, and pandemic preparedness to address the growing issue of airborne respiratory infections. 

Gene Solutions Announces Publication of Ground-breaking Study on AI-Driven Tumor-Specific Methylation Atlas


HO CHI MINH, VIETNAM – Media OutReach Newswire – 9 August 2024 – Gene Solutions, a pioneering genetic testing company in South-East Asia, is excited to announce the publication of a new peer-reviewed study that validates the analytical capabilities of its innovative, AI-driven Tumor-Specific Methylation Atlas (TSMA). The study, published in BMC Journal of Translational Medicine: “Tissue of origin detection (TOO) for cancer tumor using low-depth cfDNA samples through combination of tumor-specific methylation atlas and genome-wide methylation density in graph convolutional neural networks”, details the robust analytical validation process which leverages advanced artificial intelligence to deliver precise and reliable tumor origin predictions in multi-cancer early detection.

Gene Solutions Announces Publication of Ground-breaking Study on AI-Driven Tumor-Specific Methylation Atlas

Firstly, the bioinformatics team from Gene Solutions used whole-genome bisulfite sequencing (WGBS) on five types of tumor tissues (breast, colorectal, gastric, liver and lung cancer) and paired white blood cells (WBC) to construct a tumor-specific methylation atlas (TSMA), where 2,945 CpG regions are discovered between tumor types and WBC. The team then implemented a Deep Learning model of Graph Convolutional Neural Network that combines deconvolution scores from the TSMA with other features to achieve an improved tumor of origin prediction accuracy in the validation dataset of 239 low-depth cfDNA samples.

By enhancing the accuracy of tumor identification through AI-driven method, the study opens up mutliple promises when applying in multi-cancer early detection tests:

Improved Data Accuracy: The combination demonstrated exceptional performance in accurately identifying the tumor of origin, notably up to 100%, 98% and 93% accuracies for breast, liver and colorectal cancer.

Reduced Sequencing Depth: By having a guiding atlas, the R&D team can optimize sequencing depth required for tumor identification, making it more efficient and cost-effective. This reduction in sequencing depth not only accelerates the time-to-result but also conserves costly next-generation sequencing resources.

Optimized Analysis Resources: The AI-driven approach optimizes the use of computational resources, reducing the overall cost and time required for tumor analysis. This optimization is a crucial step towards making advanced circulating tumor DNA analysis accessible and affordable for healthcare providers and patients alike.

Dr. Minh Duy Phan, a lead author of the study commented: “The analytical validation of the new tumor methylation atlas and deep learning algorithm marks a significant milestone in circulating tumor DNA analysis for early cancer signal detection. By harnessing the power of AI, we are enhancing the accuracy and efficiency of multi-cancer early detection technology for real-world utility.”

Future Developments:

With further development by our data team, Gene Solutions is committed to expanding the capabilities of the TSMA. The ongoing research and development efforts aim to enable better quality analysis and application in real-life practice to reduce the cost of assays, ensuring that cutting-edge cancer screening tools are within reach for recommended individuals worldwide.

For more in-depth information about the study and the TSMA, please visit https://spotmas.com/blog/pioneering-a-tumor-specific-methylation-atlas-tsma-to-identify-tissue-of-origin-too-in-multi-cancer-early-detection/

References:

Nguyen, T.H., Doan, N.N.T., Tran, T.H. et al. Tissue of origin detection for cancer tumor using low-depth cfDNA samples through combination of tumor-specific methylation atlas and genome-wide methylation density in graph convolutional neural networks. J Transl Med 22, 618 (2024), doi: 10.1186/s12967-024-05416-z

Hashtag: #GeneSolutions

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

About Gene Solutions:

Gene Solutions, a pioneering genetic testing company in South-East Asia, empowers healthcare decisions by providing accessible and critical insights. Their services include next-generation sequencing (NGS) tests that support reproductive health and clinical oncology. Gene Solutions specializes in non-invasive prenatal screening (NIPT), minimal residual disease (MRD) monitoring, multi-gene panel liquid biopsy, comprehensive genomic profiling (CGP), and multi-cancer early detection (MCED) tests. Leveraging clinically validated cell-free DNA analysis methods and artificial intelligence applications in bioinformatics, the company is committed to enable precision medicine. With a network of six international standard NGS Laboratories across Southeast Asia, Gene Solutions remains at the forefront of innovative genetic solutions.