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Department of International Trade Promotion Organizes ELMA 2026 Award Presentation Ceremony Honoring Thai Logistics Businesses and Showcasing Excellence in Logistics Management

BANGKOK, Aug. 20, 2026 /PRNewswire/ — The Department of International Trade Promotion (DITP), Ministry of Commerce, through the Office of Service Trade Promotion, presented the Excellent Logistics Management Award 2026 (ELMA 2026) to Meechoke Transport Company Limited, the award recipient in the Transportation Services category. The award recognizes the capabilities of Thai logistics businesses in systematic management, continuous service standard development, and adaptation to changes in the global logistics landscape.

Department of International Trade Promotion Organizes ELMA 2026 Award Presentation Ceremony Honoring Thai Logistics Businesses and Showcasing Excellence in Logistics Management
Department of International Trade Promotion Organizes ELMA 2026 Award Presentation Ceremony Honoring Thai Logistics Businesses and Showcasing Excellence in Logistics Management

The DITP held the ELMA 2026 Award Presentation Ceremony on 19 August 2026 as part of the opening ceremony of TILOG – LogistiX 2026 at Hall 98, BITEC, Bangkok. This year, Meechoke Transport Company Limited was selected to receive the award in the Transportation Services category. With more than 30 years of experience in the transportation business, the company has continuously focused on organizational development and systematic operations, together with the application of technology and data to enhance management efficiency and service standards.

ELMA aims to promote and honor Thai logistics businesses that demonstrate excellence in logistics management, have strong potential for organizational development, and are capable of applying effective management practices to their business operations, thereby enhancing the competitiveness of Thailand’s logistics industry to meet international standards.

Beyond recognizing outstanding logistics businesses, the ELMA competition also provides participating enterprises with an opportunity to review and assess their organizational capabilities through an evaluation process conducted by a panel of experts from the public sector, private sector, and academia. Participants also receive feedback that can be used to further improve and develop their management practices, contributing to higher standards and the long-term competitiveness of Thailand’s logistics industry.

Interested entrepreneurs and individuals can follow ELMA news and updates via Facebook: Excellent Logistics Management Award – ELMA

Tesson Holdings Limited Launches “Tesson Smart Energy” Strategy to Accelerate Industrial Deployment of New Energy Ecosystem in Mainland China and Hong Kong


HONG KONG SAR – Media OutReach Newswire – 20 August 2026 – Tesson Holdings Limited (Stock Code: 01201.HK) recently hosted the “Tesson Smart Energy: Recharged & Ready” 2026 Brand Evolution & Strategic Partnership Signing” at Renaissance Harbour View Hotel Hong Kong. At the event, Tesson Holdings Limited formally announced its strategic upgrade from lithium-ion motive battery manufacturing business toward new energy smart electricity platform-based operation. The company also entered into strategic and industrial partnership agreements with Logistics Planning Research Institute of China Federation of Logistics & Purchasing (CFLP), Zhongke Lianli (中科连理) and Hong Kong Polytechnic University Anlaseo Technology respectively.

The event was attended by core management of Tesson Holdings : Chairman and Executive Director, Mr. Wei Mingren; Executive Director and Chief Executive Officer, Mr. Li Jingquan; Executive Director, Mr. Li Yang; as well as distinguished guests including Ms. Li Jinying (李錦瑩), President of Logistics Planning Research Institute of CFLP; Mr. Yan An (閆安), President of the Digital Lianli Research Institute of the Jiangxi Centre of the Chinese Academy of Sciences (CAS) (中科院江西中心數字連理研究院); Professor Yu Changyuan, Chairman of Anlaseo Technology; and Dr. Cheng Zhi, Chief Executive Officer of Anlaseo Technology.

Strategic Evolution: From “Battery Manufacturing” to “Smart Energy Operation”

Tesson Holdings has long been engaged in the research, manufacturing and sales of lithium-ion motive batteries. In 2025, the Company launched its Hong Kong-based “photovoltaic storage charging and checking” AI-inspected ultra-fast charging and zero-carbon microgrid asset operation business, completing the acquisition of the assets of seven new energy integrated service stations and marking its first step towards strategic recharge.

Mr. Wei Mingren said that the recharge does not represent a departure from the Company’s existing industrial foundation, but rather based on the company’s past decade of industrial foundation of the system of motive battery manufacturing business, the experience of the operation of charging network in Hong Kong and the capabilties of industrial integration and capital management.”Based on our manufacturing foundation, Tesson Holdings is accelerating its transformation into a smart energy platform operator, enabling every unit of electricity to unleash greater value.”

Mr. Li Jingquan outlined development pathway of the company:”Battery manufacturing → zero-carbon microgrid and energy storage operations → AI-powered electricity trading and carbon-energy asset management platform.”

He noted that Tesson will leverage its “photovoltaic storage charging and checking” microgrid operations as an entry point, collaborate with supply chain partners to develop zero-carbon microgrids and virtual power plants, while strategic upgrade gradually from an energy equipments manufacturer into a smart energy platform operator.

Mr. Li Yang further elaborated on the company’s core competitiveness built around “Data, Intelligence and Electricity”:”Data” represents the credible data base; “Intelligence” represents the AI-driven capabilities of electricity trading; “Electricity” represents capabilities of electrical assets operation.

The Company will expand its regional market presence actively, aim to secure over 10% of regional market share in multiple cities, and building an operating ecosystem servicing up to 10 billion kWh of electricity consumption.

Industrial Opportunities: Policy Support Driving New Energy Infrastructure Development in Mainland China and Hong Kong

Ms. Li Jinying (李錦瑩) noted that China is simultaneously advancing the upgrading and restructure of two major infrastructure networks — the new power system and modern logistics network.

She highlighted that logistics facilities are evolving beyond traditional transportation hubs into important industrial platforms for energy consumption, green transformation and electrical data collection. The cooperative operation of energy flows, logistics flows and data flows is reshaping the pattern of national infrastructure. Tesson Smart Energy timely deploy related industries

Since 2026, the company has entered into strategic cooperation memorandum of understanding with DST Sustainable Technology (Shenzhen) Co., Ltd. (地上鐵綠色科技(深圳)股份有限公司) (DST) and China Railway First Group Co., Ltd respectively. The first pilot project of China Railway First Group, located at car park of Hoi Wang Road in Tsuen Wan, Hong Kong, and will be developed into a zero-carbon integrated facility combining parking, charging and vehicle inspection functions.

Meanwhile, the joint venture company established with DST plans to build 10 more multi-functional battery swapping stations.

The launch event follows the completion of the Company’s financing activity of placing of new shares. With the completion financing activity of placing, strategic launching and industrial partnership signings simultaneously, signaling the new energy strategic of”Tesson Smart Energy”which is driven by “Technology + Industry + Capital” formally set sail.

Strategic Partnerships Covering the Full “Industry–Research–Application” Value Chain

The three strategic partnership signings at the event covering national think tank, research institutions and university spin-offs, surrounding modern power and development of new energy ecosystem, forming a complete layout from strategic planning, technology development and commercial application.

Mr. Wei Mingren said the significance of these signings is not only “plans announcing”, but rather is “in progress and amplifying the outcomes through ecological cooperation”.

The cooperation between Tesson Holdings and Logistics Planning Research Institute of CFLP is particularly crucial. Both parties will establish a joint venture big data operation company in Beijing to formally advance to transport logistics, important scenario of power consumption.

As a national logistics think tank and the Purchasing Managers’ Index (PMI) publishing organization, the Logistics Planning Research Institute of CFLP, both parties will work together to explore the integration path of new and renewable energy power and green logistics, pushing logistics industry to upgrade in the direction of low-carbonization and intelligentization.

Afterwards, Tesson Holdings also signed a strategic cooperation agreement with Zhongke Lianli (中科连理) focusing on development of industrial brain data resource, digitization of logistics hub energy and scenario collaboration of modernized power grid, further improving the capabilities of digitization and intelligentization of new energy industry

Finally, Tesson Holdings entered into a strategic partnership with Hong Kong Polytechnic University Anlaseo Technolgy, which is a startup incubator of Hong Kong Polytechnic University. Anlaseo Technology was also subsidized by the Hong Kong Government’s “Research, Academic and Industry Sectors One-plus Scheme (RAISe+)”.Its intelligent battery sensor system enabling intelligent lifecycle monitoring of batteries through edge computing and AI algorithm, providing the core technological support in the of field of such as electrical safety awareness and smart management. .

Future Outlook: Anchoring the Strategic Position of Smart Energy Platform Operator

With the upgrade of strategy of “Tesson Smart Energy” and the implementation of significant industrial cooperation partnership signings, Tesson Holdings is in the stage of systematically advancing the deployment of new energy ecosystem.

Looking ahead, Tesson Holdings will continue advancing systematic deployment across energy generation, distribution and consumption sectors with core strategic brand of “Tesson Smart Energy”.

Through a dual strategy combining strategic acquisitions and organic development, Tesson Holdings aims to build an integrated new energy ecosystem covering renewable energy generation, energy storage, charging infrastructure, electricity trading and carbon-energy asset management.

Hashtag: #Tesson

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

About Tesson Holdings

Tesson Holdings Limited (Stock Code: 01201.HK) is a company listed on Hong Kong Exchanges and Clearing Limited principally engaged in the research, manufacturing and sale of lithium ion motive battery and investment and operation of new energy electric vehicles ultra-fast charging stations

On 10 August 2026, the company formally launches the newest strategic brand “Tesson Smart Energy” accelerate new business innovation such as the deployment of photovoltaic storage charging and checking zero-carbon microgrid, AI-powered electricity trading, operation of carbon-energy assets, transforming into a premier new energy smart electricity platform operator.

Japanese Arrivals to Laos Jump 36 Percent Amid Renewed Tokyo Tourism Push

Japanese Princess Aiko meets Lao President Thongloun Sisoulith at the Presidential Palace in Vientiane on 18 August 2025. (Photo: The Japan Times)

Laos welcomed 23,133 Japanese tourists in the first six months of 2026, a 36 percent jump from the same period last year, as the country ramps up tourism promotion in Japan.

The Ministry of Information, Culture and Tourism reported that Japanese arrivals have climbed steadily since 2022, rising from 6,848 that year to 24,824 in 2023, 28,966 in 2024, and 33,743 in 2025.

Manisakhone Thammavongxay, the ministry’s Director General of the Tourism Marketing and Promotion Department, credited the surge to sustained promotional work, embassy outreach, and Laos’ participation in World Expo 2025 in Osaka.

She also pointed to Princess Aiko’s five-day visit in late November 2025 as a key driver, her first official overseas trip, which took her to Vientiane and Luang Prabang to mark 70 years of Laos-Japan diplomatic relations. 

Another factor drawing Japanese interest to the country was the annual Laos Festival in Tokyo, held this year on 23 and 24 May, Manisakhone said.

To support this growth, the ministry signed a new agreement on 17 August renewing the tourism agreement with a Japanese company to promote Laos as a destination to attract more visitors from Japan.

Under the deal, the company will continue promoting Lao tourism to Japanese agencies, media, schools, and universities, while producing articles for Japanese outlets and supporting the Lao Festival in Tokyo.

The gains in the Japanese market form part of a broader tourism rebound.

Laos welcomed nearly 2.6 million international visitors in the first half of 2026, up 9.9 percent year-on-year, led by Thailand, China, and Vietnam. Following 4,580,709 visitors in 2025, the government now targets 5 to 6 million international arrivals by the end of 2026.

METiS TechBio Officially Moves into Nexxus Building

Trivium Accelerates Asset Enhancement to Inject Innovative Momentum into Traditional Grade-A Landmark


HONG KONG SAR – Media OutReach Newswire – 20 August 2026 – As leasing activity in Hong Kong’s core commercial districts continues to recover, Nexxus Building in Central has welcomed METiS TechBio (Stock Code: 7666.HK), the world’s first listed artificial intelligence (AI) – powered drug delivery biotechnology company. This marks another milestone for Trivium Asset Management (“Trivium”), an Asian real estate investment and asset management firm in advancing asset optimisation and attracting diversified quality tenants successfully since taking over the building’s operations and management.

Since assuming the management of Nexxus Building at the beginning of this year, Trivium has rapidly driven interior upgrade and optimisation work. The 23rd floor has been transformed into a brand-new event space, “Nexxus Hub“, providing tenants with a one-stop, value-added venue for seminars, networking events and workshops. At the same time, to meet market demand for flexible office space, the team subdivided the 6th floor into six small-to-medium units, significantly enhancing the flexibility of floorplate configuration to precisely address the needs of enterprises of different scales. Upon completion of the works, multiple tenant groups promptly enquired and successively moved in, including METiS TechBio as well as several finance industry companies.

As the global pioneer in AI-driven nanotechnology innovation and drug delivery, METiS TechBio has demonstrated robust market potential following its listing on the Main Board of the Hong Kong Stock Exchange in May this year. Dr. Chris Lai, Co-founder and Chief Executive Officer of METiS TechBio, said, “As a company at the forefront of life sciences and AI innovation technology, we are at a critical stage of rapid business expansion and global scaling. Central, as an international financial and commercial core, offers outstanding geographical advantages and a top-tier business ecosystem. With the completion of internal upgrade works at Nexxus Building, its event space and the flexible spatial planning on the 6th floor is a great match to our team’s operational needs. We eagerly anticipate establishing our Hong Kong base at Nexxus Building to further drive the Group’s technological innovation and strategic breakthroughs.”

METiS TechBio’s decision to locate at Nexxus Building not only reflects leading tech-innovation enterprises’ confidence in the commercial prospects of Central’s core, but also highlights how the building’s post-optimisation positioning precisely addresses the requirements of high-growth enterprises.

Mr. Wilfred Ma, Managing Partner of Trivium Asset Management, said, “We warmly welcome METiS TechBio to Nexxus Building. This serves as a testament to the market’s recognition of the building’s prime location and quality facilities. Since taking over management, Trivium has been actively advancing asset optimisation, including creating the event space ‘Nexxus Hub’ and reconfiguring the unit layout on the 6th floor, injecting innovative concepts into a traditional Grade-A office building while providing tenants with a more flexible and value-added workplace experience. Looking ahead, we will continue to leverage innovative asset management strategies to attract a diversified range of premium enterprises, continuously unlocking the commercial value of Nexxus Building as a landmark Grade-A office building in Central.”

Built in 1962 as the former headquarters of Hang Seng Bank, Nexxus Building has been a witness to Hong Kong’s rise as a global financial centre. Following a major renovation in 2008 and the addition of a direct footbridge to IFC and the Airport Express in 2020, the building continues to host multinational corporations, leading financial institutions and professional services firms, and premium retail tenants – including the iconic Hong Kong Bankers Club – reinforcing its status as one of Central’s most distinguished Grade‑A office towers.

Hashtag: #盈置大廈 #NexxusBuilding #三界資本 #Trivium #劑泰科技 #METiSTechBio

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

About Trivium Asset Management

Founded in 2022, Trivium Asset Management is a Hong Kong based real estate investment and asset management firm overseeing assets valued at over US$900 million across Asia. Trivium serves institutional investors, financial institutions, and family offices through integrated investment and asset management, value creation strategies, and technology integration. The firm’s mission is to maximize long term value and promote sustainable growth for clients and communities alike.

TIER IV collaborates with Renesas to build an open AI-native computing platform for SDVs: Integrating R-Car Gen 5 automotive SoCs with Autoware and reference AI models

TOKYO, Aug. 20, 2026 /PRNewswire/ — TIER IV, the pioneering force behind open-source software for autonomous driving, is collaborating with Renesas Electronics Corporation to build an open AI-native computing platform for software-defined vehicles (SDVs). The collaboration combines TIER IV’s autonomous driving software technologies such as its reference AI models as well as Autoware, the world’s leading open-source software for autonomous driving, with Renesas’ next-generation R-Car automotive system-on-chips (SoCs) to deliver scalable solutions spanning Level 2+/2++ advanced driver assistance through Level 4 autonomous driving. Together, this collaboration aims to establish an open hardware and software platform that enables the continuous evolution of AI-powered vehicles.

Background

The automotive industry is entering the era of SDVs, where vehicle capabilities are increasingly determined by software, AI and high-performance computing rather than fixed-function hardware alone. At the same time, end-to-end (E2E) AI models are emerging as a new foundation for autonomous driving, while automotive computing platforms are evolving rapidly to support increasingly demanding AI workloads. Delivering production-ready autonomous driving therefore requires close integration between AI software, system software and automotive processors.

As the key developer of Autoware, TIER IV initiated the collaboration with Renesas to further expand the open ecosystem and advance safer, more intelligent and continuously evolving mobility.

Scope of the collaboration

1. Establishing an open reference platform

TIER IV will adopt Renesas’ R-Car Gen 5 as one of the primary reference computing platforms for Autoware and future AI-native autonomous driving technologies.

The two companies will jointly optimize and promote this integrated hardware and software platform for automakers and Tier 1 suppliers worldwide, enabling faster development and deployment of SDVs.

2. Optimizing Autoware and reference AI models on R-Car Gen 5

TIER IV will port and optimize Autoware on Renesas’ R-Car Gen 5 automotive SoCs. Building on this software foundation, TIER IV also plans to deploy its reference AI models – E2E autonomous driving AI models – on R-Car Gen 5.

By combining conventional autonomous driving software with AI-native driving models on a common computing platform, the joint development aims to deliver highly scalable autonomous driving solutions covering both today’s production advanced driver-assistance systems and future Level 4 autonomous driving systems.

3. Exploring next-generation AI computing technologies

Looking beyond current-generation automotive SoCs, TIER IV is developing AI accelerators optimized for transformer-based autonomous driving AI as well as next-generation sensing technologies including LiDAR and 4D radar.

Initial demonstration

TIER IV plans to demonstrate Autoware and its reference AI models running on Renesas’ R-Car X5H at Automotive World 2026, which is taking place September 9-11 at Makuhari Messe in the Tokyo metropolitan area. The demonstration will showcase the integration of open autonomous driving software, AI-native driving models and automotive-grade computing on a unified platform.

Supporting quotes

“SDVs require more than just powerful AI models,” said Shinpei Kato, founder and CEO of TIER IV. “They also require computing platforms that allow those models to run efficiently, safely and at scale in production vehicles. We are excited to deepen our collaboration with Renesas to build an open AI-native computing platform by combining Autoware, our reference AI models and Renesas’ next-generation R-Car automotive SoCs. We will continue expanding the open-source ecosystem centered on Autoware while accelerating the deployment of scalable autonomous driving solutions from Level 2+/2++ to Level 4.”

“We are delighted to evolve the relationship with TIER IV into a full business collaboration,” said Aish Dubey, VP and Head of SoC Division of Renesas Electronics Corporation. “R-Car Gen 5 represents our vision for a new generation of automotive computing, where software, AI and vehicle intelligence must work together on a common platform. With our collaboration with TIER IV, we are helping bring that vision to life.”

About TIER IV

TIER IV stands at the forefront of deep tech innovation, pioneering Autoware, open-source software for autonomous driving. With a comprehensive suite of platforms and services built around Autoware, TIER IV provides everything from software development and vehicle procurement to operational support. Through the Autoware ecosystem, TIER IV works with partners worldwide to shape the future of intelligent vehicles with open-source software, aiming to create mobility that is safer, more sustainable, and accessible to all.

Media contact
pr@tier4.jp

The word marks and logos of TIER IV are trademarks or registered trademarks of TIER IV, Inc. in Japan and other countries. All other company names, product names, service names, and logos referenced herein are trademarks or registered trademarks of their respective owners.

Autoware is a registered trademark of the Autoware Foundation.

DP World Accelerates Contract Logistics Expansion Across Southeast Asia with New Warehouse in Malaysia

  • New facility investment in Johor further expands our end-to-end supply chain capabilities across South Malaysia.
  • Our wider warehousing footprint continues to rapidly grow across Southeast Asia, supporting key industry verticals, including technology, fashion, automotive and industrial sectors.

SINGAPORE – Media OutReach Newswire – 20 August 2026 – DP World today announced the opening of its latest warehouse in Johor, Malaysia, marking another milestone in the expansion of its integrated logistics network across Southeast Asia. The Johor warehouse is the first of two facilities planned for Malaysia, with a second warehouse in Kuala Lumpur scheduled to open later this year, further strengthening DP World’s ability to deliver end-to-end supply chain solutions in one of the region’s fastest-growing logistics markets.

Exterior view of DP World's warehouse facility in Johor, Malaysia.
Exterior view of DP World’s warehouse facility in Johor, Malaysia.

Located within the Johor-Singapore Special Economic Zone, the new 11,514-square-metre dedicated warehouse strengthens DP World’s ability to deliver agile, efficient and reliable contract logistics solutions for customers operating in complex, time-sensitive supply chains. the facility provides fast, secure and scalable warehousing and inbound logistics operations while strengthening connectivity between Malaysia, Singapore and key regional trade corridors.

Jeanie Tan, Chief Commercial Officer, Logistics, Asia Pacific at DP World, said: “The opening of our warehouse in Johor marks an important step in strengthening our growing logistics footprint across Southeast Asia. As we continue to invest in strategic logistics assets across the region, and connecting them to our existing network of ports and terminals, we are enhancing our ability to deliver end-to-end supply chain solutions that help customers move goods more efficiently, reliably and resiliently. This facility will accelerate our Southeast Asia growth and build the capacity needed to support our customers’ long-term success.”

Expanding the region’s integrated logistics network

The Johor warehouse is the latest investment in DP World’s strategy to build an integrated contract logistics network across Southeast Asia, enabling customers to benefit from greater connectivity, operational flexibility and supply chain resilience.

In addition to the warehouses in Malaysia, DP World is launching warehouses in the Philippines, and in Thailand before end of the year.

These investments build on a series of milestones across the broader Asia Pacific region, including the opening of DP World’s first warehouse in Singapore in May 2025, which recently achieved TAPA FSR certification, as well as new logistics facility openings in Hong Kong, Sydney, Australia, and Icheon, South Korea.

Together with DP World’s network of 16 ports and terminals across Asia Pacific, its expanding contract logistics platform is creating a seamlessly connected supply chain ecosystem that integrates ports, warehousing, inland transport through our Air, Ocean, LCL and Intermodal freight services. This enables DP World to deliver more agile, resilient and efficient end-to-end logistics solutions while supporting trade growth across Southeast Asia.

Hashtag: #DPWORLD



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

DP World

DP World is reshaping the future of global trade to improve lives everywhere. Operating across six continents with a team of over 125,000 employees, we combine global infrastructure and local expertise to deliver seamless supply chain solutions. From Ports and Terminals to Marine Services, Logistics and Technology, we leverage innovation to create better ways to trade, minimising disruptions from the factory floor to the customer’s door.

In Asia Pacific, DP World employs over 12,000 people across 22 geographies. We operate 16 ports and terminals, complemented by a comprehensive suite of end-to-end supply chain solutions – to connect the region to the rest of the world.

WE MAKE TRADE FLOW

Mudah.my Brings Cars to Carousell Malaysia, Giving Dealers a New Way to Reach Millions More Buyers


KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 20 August 2026 – Mudah.my today announced that its car inventory is now available on Carousell Malaysia, giving used-car dealers access to a new pool of buyers while giving Malaysians more cars to discover and compare on the platform they already use.

The new integration between Mudah.my Auto and Carousell Malaysia means eligible vehicles on Mudah.my will automatically appear on Carousell, without dealers needing to upload or manage the same cars across two platforms. Up to 35,000 cars are expected to be discoverable on Carousell by the end of September, giving Carousell users access to a significantly wider selection of cars. Together, the Mudah.my and Carousell platforms reach almost 6 million online users.

Alongside the expanded inventory, Mudah.my continues to invest in tools that make car buying easier on its Auto marketplace. AI-powered highlights surface a vehicle’s key selling points at a glance, price insights help buyers gauge whether an asking price is fair before they commit, and a redesigned search and listing experience makes it faster to filter, compare and shortlist across a larger pool of vehicles.

“Mudah has long been the platform of choice for Malaysians buying and selling used cars, and as the largest marketplace for cars in Malaysia, we’re proud to make that breadth of choice available to Carousell Malaysia’s users too. This integration brings together the strengths of two leading platforms in the group, creating greater value for both buyers and dealers while reinforcing our position in the market. It’s an important step towards Carousell Group’s mission of making second-hand the first choice and brings us closer to making that a reality for more Malaysians.”said Jacky Tan Nguyen, CEO of Mudah.my.

While Mudah.my and Carousell Malaysia operate as distinct platforms serving different market segments, both have been part of the same group for the past seven years. This integration puts that shared foundation to work, bringing together complementary audiences to create clearer value for both dealers and car buyers.

The announcement comes as Malaysia’s automotive sector maintains its momentum despite more selective consumer behaviour. The Malaysian Automotive Association has revised its 2026 total industry volume forecast upwards to 800,000 units, supported by resilient demand, growth of sport utility vehicles and rising electrified vehicle adoption.

At the same time, the used-car market continues to benefit from buyers who are weighing affordability, financing, total ownership cost and value more carefully before committing to a vehicle.

Across Southeast Asia, digital used-car marketplaces are also becoming more important as buyers look for greater transparency, easier comparison and more structured ways to evaluate pre-owned vehicles. For dealers, this means visibility alone is no longer enough, as cars need to appear where high-intent buyers are already searching, and the path from discovery to enquiry needs to be simpler.

“For dealers, the value here is simple: post once, reach buyers on two platforms. Speed, reach and lead quality are what decide whether a car sells in this market, and this integration gives dealers more opportunities to be discovered by buyers, without the need to double-post or manage their inventory twice, ” said Peter Wong, Head of Auto & Property, Mudah.my.

To mark the occasion, Mudah.my is launching Misi MerdeCAR, a consumer campaign running from 24 August to 22 September 2026, exclusively on the Mudah.my app. With over 80,000 vehicles across every budget, Malaysians can browse and favourite cars for a chance to win weekly purchase rebates of up to RM20,000, additional rebates of up to RM10,000 and RM5,000, and RM1,000 petrol vouchers. Buyers can also benefit from a free vehicle inspection worth RM168.

To participate, Malaysians aged 18 and above need to:

  1. Register or log in to the Mudah.my app;
  2. Browse and favourite at least one car advertisement;
  3. Consent to being contacted by the seller; and
  4. Complete the campaign slogan, “Pilihan Terbanyak, Harga ___”.

Each participant is entitled to one valid entry, regardless of the number of cars favourited. Prize entitlement is subject to the completion and verification of an eligible vehicle purchase from a dealer advertisement on Mudah.my. Entries close at 11.59pm on 21 September 2026. Full eligibility, qualifying purchase and prize redemption requirements are subject to the Misi MerdeCAR Terms and Conditions.

Appendix:

1. Mudah Intelligence AI Highlights

Mudah Intelligence AI Highlights

2. Car Price Insights

Car Price Insights

Hashtag: #Mudah

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

About Mudah.my

Mudah.my is Malaysia’s largest online classifieds marketplace, connecting millions of Malaysians who buy and sell vehicles, property, electronics, home items and services every month. Part of the Carousell Group, Mudah.my is built to make secondhand trade simple, safe and accessible for everyday Malaysians and for the local businesses that serve them. For more information, visit .

About Carousell Malaysia

Carousell is part of Carousell Group. Founded in August 2012 in Singapore, the Group has a leading presence in seven markets under the brands Carousell, Cho Tot, Laku6, LuxLexicon, Mudah.my, OneShift, REFASH, and Revo Financial, serving tens of millions of users. Carousell is backed by leading investors including Telenor Group, Rakuten Ventures, Naver, STIC Investments, 500 Global and Peak XV Partners (formerly known as Sequoia Capital India). Download the app for iOS or Android and visit for more information.

Allianz Trade in Asia Pacific appoints China CEO


HONG KONG SAR – Media OutReach Newswire – 20 August 2026 – Allianz Trade in Asia Pacific is pleased to announce Scott Munafò has been appointed China CEO with effect from 1 September 2026. He will be based in Shanghai.

Scott Munafò to lead next phase of growth in China.
Scott Munafò to lead next phase of growth in China.

Mr Munafò joined Allianz Trade in 2015 as part of the Multinationals team and has spent over a decade shaping the company’s commercial strategy across four regions. Rising through key account management roles spanning MMEA, APAC, and Northern Europe – including his appointment as Regional Account Director for Northern Europe in 2021 – he was named Group Head of Broker Management and Partnerships in 2025, where he was responsible for defining and executing Allianz Trade’s global commercial and distribution strategy and strengthening broker partnerships across multiple regions. Mr Munafò holds an MBA from POLIMI Graduate School of Management (Politecnico di Milano) and a degree in Law from Università Bocconi with a major in Public Sector and Law.

On this appointment, Rodrigo Jimenez, Regional CEO at Allianz Trade in Asia Pacific, says: “Over the past decade, Scott has built extensive experience across various regions, demonstrating a strong track record in growing commercial portfolios, building strategic partnerships, and maintaining exceptional customer retention. His international experience, commercial leadership, and deep understanding of our business make him exceptionally well positioned to lead our China operations. I am confident that, together with the local management team, Scott will successfully drive our growth ambitions and deliver continued success in this important and fast-growing market.”

Mr Munafò remarks: Allianz Trade has been part of China’s trade story for nearly two decades – built on the strength of our team, our partners, and our customers who have trusted us through every cycle. I am honoured to be entrusted with what so many have built together. My commitment is simple: to keep listening, to keep creating lasting value and to ensure the next chapter sets a new standard.”
Hashtag: #allianztrade #tradecreditinsurance


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

About Allianz Trade

Allianz Trade is the global leader in trade credit insurance and a recognized specialist in the areas of surety, collections, structured trade credit and political risk. Our proprietary intelligence network is based on instant access to data of 289 million corporates. We give companies the confidence to trade by securing their payments. We compensate your company in the event of a bad debt, but more importantly, we help you avoid bad debt in the first place. Whenever we provide trade credit insurance or other finance solutions, our priority is predictive protection. But, when the unexpected arrives, our AA credit rating means we have the resources, backed by Allianz to provide compensation to maintain your business. Headquartered in Paris, Allianz Trade is present in over 40 countries with 5,900 employees. In 2025, our consolidated turnover was EUR4 billion and insured global business transactions represented EUR1,400 billion in exposure. For more information, please visit .