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Coway Named a Winner at the Good Design Awards 2025

– The Inverter Dehumidifier 23L wins praise for its compact design and user-centric details at the Good Design Awards 2025

– This latest achievement marks Coway as having achieved recognition in all four major global design awards in 2025, underscoring the company’s world-class design competitiveness

SEOUL, South Korea , Oct. 15, 2025 /PRNewswire/ — Coway Co., Ltd., the “Best Life Solution Company”, is today proud to announce that it has been named a “Winner” at the Good Design Awards 2025.

Coway's Inverter Dehumidifier 23L
Coway’s Inverter Dehumidifier 23L

Hosted by the Japan Institute of Design Promotion (JDP), the Good Design Awards is one of the most prestigious international design competitions, and is recognized alongside Germany’s iF and Red Dot Awards and the U.S.’s IDEA Design Awards as one of the world’s four major design awards. With this latest honor, Coway has now achieved recognition from all four of these global design awards in 2025, a testament to the company’s design innovation and competitiveness.

Coway’s award-winning Inverter Dehumidifier 23L delivers powerful dehumidification despite its compact size, featuring a performance of up to 23 liters per day. Able to achieve an optimal humidity level in just 30 minutes, three times faster than the company’s previous model, the Inverter Dehumidifier 23L also reduces the need for frequent emptying thanks to its large 6.1-liter water tank.

At this year’s Good Design Awards, the Inverter Dehumidifier 23L was recognized for its clean, minimalist design accentuated by a prominent center line and soft ivory and beige color tones that allow it to blend seamlessly into any living space.

Along with its enlarged control panel featuring an intuitive interface, the Inverter Dehumidifier 23L includes additional functionalities designed to increase user convenience. From its one-handed detachable side water tank and 360° rotating wheels to its hidden handle and built-in cord storage, every detail serves to elevate everyday usability.

Alongside the Inverter Dehumidifier 23L, Coway’s U.S.-based subsidiary, NECOA, was also recognized at this year’s Good Design Awards for the Smart Water Purifier series. The series’ minimalist design, harboring the company’s trademark advanced technologies, was highly praised for its ability to eliminate visual clutter and harmonize with modern interiors.

Jin Sang Hwang, Head of Coway’s Design Lab, said, “At Coway, we pursue designs that not only provide aesthetic satisfaction, but that also enhance everyday user convenience. Moving forward, we will continue to deliver innovative designs that bring new experiences to our customers’ daily lives.”

About Coway Co., Ltd.

Established in Korea in 1989, Coway, the “Best Life Solution Company,” is a leading environmental home appliances company making people’s lives healthy and comfortable with innovative home appliances such as water purifiers, air purifiers, bidets, and mattresses. BEREX, the company’s sleep & wellness brand, aims to improve the quality of life through cutting-edge mattresses and massage chairs. Since being founded, Coway has become a leader in the environmental home appliances industry, with intensive research, engineering, development, and customer service. The company has proven dedication to innovation with award-winning products, home health expertise, unrivaled market share, customer satisfaction, and brand recognition. Coway continues to innovate by diversifying product lines and accelerating overseas business in Malaysia, the USA, Thailand, China, Indonesia, Vietnam, and Europe, based on the business success in Korea. In 2025, the company launched Coway Life Solution, a premium elder care platform offering personalized care solutions tailored to different life stages. For more information, please visit https://coway.com/ or http://newsroom.coway.com.

Safex Chemicals India Ltd. Receives Frost & Sullivan’s 2025 Global Competitive Strategy Leadership Recognition for Excellence in Crop Protection Chemicals

Safex earns global recognition for its innovation-driven strategy, digital transformation, and customer-centric approach in the evolving crop protection chemicals industry.

SAN ANTONIO, Oct. 15, 2025 /PRNewswire/ — Frost & Sullivan is pleased to announce that Safex Chemicals India Ltd. (Safex) has been recognized with the 2025 Global Competitive Strategy Leadership Recognition in the crop protection chemicals industry for its outstanding achievements in strategic execution, innovation, and sustainable growth. This recognition underscores Safex’s leadership in driving measurable outcomes, strengthening market competitiveness, and delivering customer-centric innovation in a rapidly transforming global agrochemical landscape.

This recognition underscores Safex’s leadership in driving measurable outcomes, strengthening market competitiveness, and delivering customer-centric innovation in a rapidly transforming global agrochemical landscape.
This recognition underscores Safex’s leadership in driving measurable outcomes, strengthening market competitiveness, and delivering customer-centric innovation in a rapidly transforming global agrochemical landscape.

Frost & Sullivan evaluates companies through a rigorous benchmarking process across two core dimensions: strategy effectiveness and strategy execution. Safex excelled in both, demonstrating its ability to align strategic initiatives with global market demands while executing them with efficiency, consistency, and scale.

“A holistic approach to innovation—spanning product, process, and market strategy—sets the company apart in a fiercely competitive industry. Known for breakthrough products like the patented Renofluthrin molecule, it integrates advanced go-to-market strategies and embraces digital transformation across the business,” said Abhishek Paul Choudhury, Team Leader – Chemicals & Advanced Materials, TechVision at Frost & Sullivan.

Guided by a long-term growth strategy focused on innovation, strategic partnerships, and sustainability, Safex continues to lead in the global crop protection sector. The company’s sustained investment in research and development, regulatory agility, and digital transformation has enabled it to scale efficiently across diverse markets while maintaining its customer-first philosophy.

Innovation remains at the heart of Safex’s strategy. The company’s extensive product portfolio includes advanced formulations and proprietary molecules developed to address emerging agricultural and public health challenges. Its novel, patented mosquito control molecule—developed entirely in India—exemplifies Safex’s commitment to scientific excellence and sustainability. Additionally, Safex’s adoption of digital tools enhances market transparency and operational efficiency, strengthening dealer engagement and ensuring frictionless customer experiences.

“At Safex, we believe strategy is only as powerful as its execution. This recognition reinforces our commitment to building a resilient, innovation led organisation, one that combines science, sustainability and digital intelligence to serve its customers across the world. It is a proud moment for every member of the Safex family.” said Piyush Jindal, Co-Managing Director, Safex Chemicals India Ltd.

Safex’s customer-centric philosophy is reflected in its use of technology to improve accessibility and transparency. Initiatives such as digital invoicing via WhatsApp and a multilingual support system empower its extensive dealer network across India, ensuring real-time responsiveness and localized support. Sustainability is another cornerstone of Safex’s business model—demonstrated through biofuel usage in its manufacturing plants, solar energy adoption at its UK facility, and rainwater conservation systems designed to minimize environmental impact.

Safex’s acquisition of a major UK-based CDMO facility has accelerated its global expansion, enabling access to new international markets and partnerships. This acquisition, coupled with the implementation of SAP Rise, provides the company with advanced analytics and streamlined operations across geographies. Its three synergistic business verticals—branded formulations, specialty chemicals, and contract development and manufacturing (CDMO)—create a balanced growth engine and position Safex as a trusted partner to major global agrochemical and FMCG players.

Safex’s internal culture emphasizes ownership, transparency, and accountability. Every employee operates as a “business partner,” aligning personal performance with organizational goals. This entrepreneurial culture drives agility, innovation, and long-term strategic execution, ensuring Safex’s sustained leadership in the competitive global agrochemical market.

Frost & Sullivan commends Safex Chemicals India Ltd. for setting a high benchmark in competitive strategy, execution, and market responsiveness. The company’s forward-looking vision, deep R&D capabilities, and strong sustainability ethos continue to shape the future of the global crop protection chemicals industry.

Each year, Frost & Sullivan presents the Competitive Strategy Leadership Recognition to a company that demonstrates outstanding strategy development and implementation, resulting in measurable improvements in market share, customer satisfaction, and competitive positioning. The recognition highlights organizations that exemplify innovation-driven growth and strategic excellence in their respective industries.

Frost & Sullivan Best Practices Recognition
Frost & Sullivan’s Best Practices Recognitions honor companies across regional and global markets that exhibit exceptional achievement and consistent excellence in areas such as leadership, technological innovation, customer experience, and strategic product development. Each recognition is the result of a rigorous analytical process in which Frost & Sullivan industry experts benchmark performance through comprehensive interviews, deep-dive analysis, and extensive secondary research. The goal is to identify true best-in-class organizations that are driving transformative growth and setting new industry standards.
Contact us: Start the discussion.

Contact:
Tarini Singh
E: Tarini.Singh@frost.com 

 

Gstarsoft Unveils New Product Lineup and Global Strategy, Setting a New Benchmark for Industrial Software

SHANGHAI, Oct. 15, 2025 /PRNewswire/ — Gstarsoft recently hosted its Product Launch and Technical Symposium, unveiling an integrated roadmap of new products and technology updates across 2D CAD, 3D CAD, BIM products, and AI applications. Marking a commitment to innovation, Gstarsoft also announced an accelerated globalization strategy and its intent to expand further in international markets, setting a new benchmark for industrial software worldwide.

GstarCAD 2026
GstarCAD 2026

GstarCAD 2026: A Leap in Performance and Intelligent Design

The GstarCAD 2026 showcased outstanding performance and intelligent design capabilities. The new edition delivers a significant boost, enabling instant opening of large-scale drawings, with core operations up to 20% faster and drawing opening speed boost by 40%. Furthermore, GstarCAD 2026 now features Parametric Constraints that provides rule-based, intelligent precision and flexibility for repeat-pattern design updates. GstarCAD is also actively expanding its ecosystem, cloud-based collaboration and multi-platform versions, laying the groundwork for more professional industry solutions.

ARCHLine.XP: Efficient BIM Design and Visualization

Gstarsoft also introduced its integrated BIM solution, ARCHLine.XP, an intuitive and user-friendly BIM design software that merges the precision of CAD with rapid visualization capabilities. It supports a comprehensive workflow from 2D floor plan drafting to 3D modeling, technical documentation, and visual design. Utilizing an efficient and stable proprietary BIM modeling engine, ARCHLine.XP ensures reliable data handling and supports the conversion of various mainstream CAD/BIM file formats (e.g., RVT, IFC, SKP, DWG/DXF) for maximum data interoperability.

Gstar-ZIXEL 3D CAD Debuts: Unveiling Gstar-ZIXEL 3D CAD

Gstarsoft, in partnership with Zixel Technology, officially launched the new Gstar-ZIXEL 3D CAD, a pure cloud-native platform that fills a strategic gap in the company’s portfolio. The core system optimizes the entire design workflow from data import to precise model management with modules for parts, assembly, and drawings. With international-class “fast, powerful, and accurate” performance, the platform achieves seamless R&D data collaboration. This release is complemented by a suite of related products including 3D Process Master for interactive technical documents and PDM for centralized data management. This launch signifies Gstarsoft’s major push toward delivering intelligent, collaborative, and high-performance digital solutions across the entire product lifecycle.

AI Technology: Redefining Design Intelligence

The company’s latest AI practices marked a breakthrough in the fusion of CAD and artificial intelligence. The AI portfolio includes AI Rendering, AI Stair Design, and AI Customer Service, each addressing real-world efficiency gaps in industrial design workflows. These solutions enable smarter modeling, automated error detection, intelligent layout, and multimodal human–AI interaction, significantly reducing costs and improving design productivity.

Drive Global Expansion and Empower Partnerships

Building on over three decades of innovation, Gstarsoft continues to strengthen its global presence. In 2025, the company accelerated its strategy by acquiring CadLine, a Hungarian BIM software developer, and forming a new subsidiary, Gstar Hawk3D, to drive international BIM product development. As Lu Xiang, CEO of Gstarsoft, shared, the company also entered a deep collaboration with Zixel Technology to co-develop next-generation 3D CAD solutions. The company’s products now serve users from 175 countries and regions, supporting 23 languages with over 750 partners worldwide.

“We are honored to witness the growth and transformation of Gstarsoft as one of its long-term partners,” said Mr.Amnaj Opasworakun, senior sales manager of AppliCAD PLC from Thailand. “Over the years, we have built a strong foundation of trust and collaboration. Gstarsoft’s continuous technological innovation and reliable support have made it a truly dependable partner in the industry. Under the company’s global strategy, we believe there will be greater opportunities to create value together.”

About Gstarsoft

Gstarsoft Co., Ltd., established in 2001, is a leading provider of R&D-focused industrial software. With a mission to be “customer-centric – making design more efficient, collaboration smoother, and value sustainable,” the company is committed to becoming a world-class, product-innovation-driven industrial software provider, delivering a full spectrum of solutions including 2D CAD, 3D CAD, BIM, and cloud-based CAD.

Kirishima Shuzo, Japan’s Top Distiller of “Shochu” (Distilled Spirit), to Host Restaurant Event in New York to Showcase Traditional Japanese Liquor and Cuisine

– From October to November 2025, Shochu- and Sake-pairing Menu, as Well as Shochu Cocktails, to Be Offered at Special Event Prices –

MIYAKONOJO, Japan, Oct. 15, 2025 /PRNewswire/ — To showcase the goodness of “honkaku shochu” or authentic distilled spirit, Kirishima Shuzo Co., Ltd., Japan’s top* distiller of the traditional liquor, will host an event, “Sushi x Japan’s Top ‘Shochu’ Experience – KIRISHIMA NIGHT,” in the U.S. from Thursday, October 23, to Saturday, October 25, and from Thursday, October 30, to Saturday, November 1, 2025. The event, limited to a period of 6 days, will take place at TsuruTonTan Midtown in New York City.

*Ranked top in shochu sales in Japan for 13 consecutive years (Teikoku Databank, 2025)

Images: https://kyodonewsprwire.jp/attach/202510066571-O1-oqJzCYWJ.pdf 

At “KIRISHIMA NIGHT,” the first 12 parties of two each (24 people in total) per day with reservations from the ticketing website (https://kirishima_night_2025autumn.eventbrite.com) will be offered a shochu- and sake-pairing menu at the special price of $24.99 per person. Additionally, shochu cocktails will be offered at the special price of $8.

To be offered will be two types of shochu crafted by Kirishima Shuzo: Kuro Kirishima, known for its signature round sweetness with a crisp aftertaste, and KIRISHIMA No.8, characterized by its fresh fruit note reminiscent of muscat and mandarin oranges. In addition, enjoy a sake offering selected by the restaurant. For a perfect pairing, TsuruTonTan Midtown has curated a special menu for this event: Assorted Nigiri Sushi & Sashimi Set and Miso-Nikomi Udon (noodle stew in miso broth).

In recent years, the export of Japan-made alcoholic beverages such as sake and whiskey is increasing in volume and gaining popularity worldwide. Additionally, in 2024, “traditional knowledge and skills of sake-making with koji mold in Japan” was registered on the UNESCO Intangible Cultural Heritage list. Shochu is also a type of distilled liquor made with koji, yeast, and materials such as sweet potatoes in its fermentation process. Shochu is a traditional Japanese liquor that has established its rare position as a distilled spirit that can be enjoyed during meals, but its worldwide recognition is still rather low. Kirishima Shuzo wishes for this event to be a trigger for the world to recognize the goodness of shochu through its food pairings.

The company hopes that many will participate in this event as an opportunity to discover some traditional Japanese liquor and delicious cuisine.

About Kirishima Shuzo Co., Ltd. — A Shochu Distiller: https://kyodonewsprwire.jp/attach/202510066571-O2-9KXs5PT4.pdf 

For more details, please visit the corporate website: https://en.www.kirishima.co.jp/ 

LEPAS Global Journey of Elegant Drive Is About to Begin! Immerse Yourself in the LEPAS L8’s “Showstopper” Performance Across Real-World Scenarios

WUHU, China, Oct. 15, 2025 /PRNewswire/ — When elegance meets driving dynamics and technology blends seamlessly into everyday life, a new chapter of elegant mobility is set to begin. On October 15, the flagship event of the LEPAS segment at the 2025 Chery International User Summit — the LEPAS Global Journey of Elegant Drive (China Stop) — officially kicks off.

LEPAS L8
LEPAS L8

Leading the journey is the LEPAS L8, the brand’s first model, embodying its signature Leopard Aesthetic” design and cutting-edge intelligent technology. The convoy will travel nearly 1,000 kilometers from Shanghai to Wuhu, passing through Suzhou, Moganshan, and Xuancheng, covering diverse terrains — from city streets and expressways to winding mountain roads and nighttime drives. Global media, KOLs, and KOCs will join the experience, with multi-channel livestreams and aerial footage capturing every highlight of this cinematic “roadbook” adventure.

Throughout the drive, the LEPAS L8 will showcase its all-round performance and Elegant Driving”appeal. In Shanghai, drivers will feel its smooth power delivery and premium cabin comfort. On the Shanghai–Jiangsu expressway, intelligent driver-assistance features such as adaptive cruise control ensure effortless cruising. Moganshan’s mountain roads reveal the LEPAS L8’s agile handling and efficient energy recuperation system, while its V2L external power supply transforms campsites into mobile energy hubs. Around Xuancheng, participants can experience the vehicle’s refined chassis and stability, and in Wuhu, advanced APA and RPA parking assists provide a seamless finish to the drive.

More than a test drive, the event celebrates an elegant life on wheels. Integrating people, vehicle, and scenery, it highlights how the LEPAS L8 serves as a sophisticated travel companion. Participants will explore Shanghai’s modern skyline, Suzhou’s classical gardens, Moganshan’s serene nature, Xuancheng’s ink-wash charm, and Wuhu’s vibrant riverfront — each destination unveiling a unique dialogue between elegance, culture, and mobility.

This journey also marks a key highlight of LEPAS’s participation in the 2025 Chery International User Summit. During the summit, the Chery Ecosystem Exhibition will take place, featuring the debut of Chery’s”Human Assistant”— the AiMOGA Robot.

Silicon Box Ships 100M Units, Proves Advanced Panel-Level Packaging Ready for AI, HPC era

Breakthrough yield and device performance at high volume show team can scale company’s large-format advanced packaging for customers’ cutting-edge applications

SINGAPORE, Oct. 15, 2025 /PRNewswire/ —  Silicon Box, a global leader in chiplet integration and advanced semiconductor packaging, announced it has shipped 100-million-units from its flagship factory in Singapore’s Tampines Wafer Park. The state-of-the-art facility, which began mass production in late 2023, produces advanced panel-level packaging (PLP) exclusively and is the largest of its kind globally in terms of production capacity. Silicon Box’s proprietary technology is able to support chiplet integration by addressing challenges in performance, scalability and costs in wafer-level and traditional packaging schemes.

Finished packages from Silicon Box's advanced panel level package line
Finished packages from Silicon Box’s advanced panel level package line

“Achieving breakthrough results in production at high volume is a significant milestone for Silicon Box, as well as for transitioning the industry towards more scalable and low-cost design and manufacturing schemes – such as panel-level packaging and chiplet adoption – especially to meet the growing demand for larger, more powerful devices for future technologies,” said Mike Han, Head of Business at Silicon Box.

“This achievement would not have been possible without our team’s proven track record in R&D and execution, as well as our close collaboration with customers, which allowed us to challenge conventional methods and deliver cutting-edge solutions at low cost and high performance, at scale.”

Record Breaking Yield and Factory Progress

One of the more remarkable aspects of Silicon Box’s 100-million-unit shipment milestone, is that the production facility has exceeded co-founder and CEO, Dr. BJ Han, and his technical leadership team’s long term track record for industry leading yield which was 99.7% at wafer scale.

“Silicon Box is proud to announce that this shipment milestone demonstrates our team’s capability to execute advanced panel level packaging at high volume, but more importantly at very high yield,” shared JH Yee, Head of Operations at Silicon Box. “Our founding team in operations and technology, including myself, have been working under Dr. BJ Han’s leadership over multiple decades, at multiple semiconductor packaging companies. We are breaking our own record for production yield at panel scale, right now, while producing millions of units a day. This proves this execution capability always belonged to this team and lives on at Silicon Box.”

The Tampines factory had its grand opening in July 2023, with mass production starting later that year. In 2024, the facility achieved ISO 9001:2015 certification, followed by ISO 14001:2015 and ISO 45001:2018 certifications in 2025. These certifications underscore Silicon Box’s commitment to quality and customer satisfaction, employee well-being and sustainability management, respectively.

Expansion of Manufacturing Capacity on Track

Silicon Box’s 100-million-unit production milestone demonstrates that the company is on track to achieve its capacity and production targets at its flagship facility, with full capacity installation expected by 2028.

Meanwhile, the company’s second manufacturing facility, to be located in Novara, Piedmont, Italy, is expected to begin production in 2028. The planned site which is larger than Singapore is expected to replicate production capacity and bring native test capability to Europe. The new plant will establish a full semiconductor value chain from design to final manufacturing and test, to serve sectors such as artificial intelligence (AI), high-performance computing (HPC), automotive, mobile, Internet of Things, and robotics.

“As the only independent semiconductor packaging company possessing the current capability to enable chiplet architectures with high interconnection density at panel scale in mass production, our collaborations are yielding industry leading results for early customers at a low cost especially in advanced automotive, robotics, high-performance computing and AI applications,” said Mike Han.

“At the same time, the benefits of our solutions and the economics of our large-format manufacturing scheme allow a broader range of customers and device applications to reap the benefits of the most advanced packaging methods. These same customers and applications might find that the cost is prohibitive and capacity hard to come by with other providers.”

About Silicon box

Silicon Box is an advanced semiconductor packaging company, specializing in cutting-edge integration technology and manufacturing processes. We offer solutions that enable chiplet architecture, as well as high performance, affordable alternatives to traditional packaging schemes. Leveraging our proprietary technology, 30 years of multi-sectoral expertise, and relationships with best-in-class partners, we strive to solve the unique challenges of  chiplet adoption to build the emergent technologies shaping the world around us today.

Silicon Box was founded in 2021 by Dr. Byung Joon (BJ) Han, Dr. Sehat Sutardja, and Weili Dai. Dr. Han was previously the Chairman, CEO and CTO of the world’s 3rd largest outsourced assembly and test provider, STATS ChipPAC (SSE: 600584) for two decades, taking the company to $4B in revenue during his tenure. Dr. Han is the inventor of many of the most advanced packaging solutions in today’s market, and his team at Silicon Box holds standing records for yield in advanced packaging technology at wafer-level production. Dr. Sutardja introduced the concept of chiplets at the International Solid State Circuits Conference (ISSCC) in 2015. He and Weili Dai founded Marvell Technology Group (NASDAQ: MRVL) in 1995 and ran the company for twenty years from a start-up to an over $50B market value company. To learn more about Silicon Box go to: silicon-box.com/newsroom and silicon-box.com/timeline.

Forward-Looking Statements:

This report contains forward-looking statements that involve a number of risks and uncertainties. Such statements include: our manufacturing expansion and investment  plans and expectations in the European Union (EU) and the anticipated benefits therefrom;  anticipated supplier, ecosystem, community, and government support and approval for our planned EU investments and anticipated benefits related to such support; environmental  plans for and benefits from our factories and technologies; and other characterizations of  future plans, expectations, events, or circumstances. Such statements involve risks and uncertainties that could cause our actual results to  differ materially from those expressed or implied, including: changes in demand for our  products; Silicon Box’s failure to realize the anticipated benefits of its strategy, plans, and  proposed transactions; construction delays or changes in plans due to business,  economic, or other factors; increases in capital requirements and changes in capital  investment plans; adverse changes in anticipated government incentives and associated  approval related to Silicon Box’s planned EU investments; adverse legislative or other  government actions; insufficient ecosystem support; the impact of macroeconomic and  geopolitical trends and events; and other risks and uncertainties described in this press  release. All information in this press release reflects management’s views as of the date hereof unless an earlier date is specified. We do not undertake, and expressly disclaim any duty, to update such statements, whether as a result of new information, new developments, or otherwise, except to the extent that disclosure may be required by law.

Contact us

Press: janice.yeo@silicon-box.com
Investors: mike.han@silicon-box.com  

Watch Exchange Turns Luxury Timepieces Into Hope: Charity Drive to Raise At Least S$100K for Elderly Care

“Give Time, Share Hope” campaign transforms dormant watches into tangible support for Geylang East Home for the Aged


SINGAPORE – Media OutReach Newswire – 15 October 2025 – As Singapore’s population rapidly ages, with nearly 1 in 4 citizens expected to be 65 and above by 2030 according to the Ministry of Health, aged care facilities face mounting pressure with limited resources.

In response, independent luxury watch dealer Watch Exchange has launched “Give Time, Share Hope“, a meaningful charity initiative that transforms dormant luxury timepieces into lifelines for the elderly. The six-month campaign, running from 14 October 2025 to 31 March 2026, aims to raise a minimum of S$100,000 for Geylang East Home for the Aged (GEHA) to fund medical care, facility upgrades, and quality-of-life improvements for seniors in need.

From Drawer to Dignity

Through this campaign, Singaporeans are welcome to donate unused or repairable luxury watches to Watch Exchange. Each watch will be professionally serviced and restored by Watchlab Singapore at no cost to donors or the charity, as Watch Exchange will fully absorb all restoration expenses.

Once refurbished, the timepieces will be sold through Watch Exchange’s established channels, with 100% of proceeds going directly to GEHA. The initiative welcomes watches from leading brands such as Rolex, Audemars Piguet, Patek Philippe, and other high-end manufacturers.

“Since 1978, we have been caring for seniors who have no family or place to call home. For many, this is the only home they have,” said Ms Michelle Lim, Deputy Chairman of Geylang East Home for the Aged (GEHA). “As a charitable organization, our resources are limited, yet the needs of our residents continue to grow. This partnership brings timely support and hope to our community.”

Echoing this call, Mr Darren Yeoh, Sales Manager at Watch Exchange, said, “Your old watch could provide meals for dozens of residents, fund essential medical supplies, and bring comfort to our ageing community. By donating a timepiece you no longer wear, you’re helping to restore dignity and care for our elders — people who have given so much of their time to build the society we enjoy today.”

Making a Measurable Impact

Funds raised from the sale of donated watches will go toward:

  • Daily nutritious meals for residents
  • Essential medical equipment and supplies
  • Facility maintenance and improvements
  • Enhanced recreational and care programs
  • Staff training to uplift service standards

As GEHA is a registered Institution of Public Character (IPC), donors may qualify for 2.5 times tax deductions through the Inland Revenue Authority of Singapore (IRAS). Full details are available at https://www.geha.org.sg/donation-information/.

How to Participate

Those wishing to make a meaningful contribution are encouraged to donate their luxury watches at the drop-off location listed below.

Drop-off Location:
Watch Exchange Singapore
14 Scotts Road, #03-132 Far East Plaza
Singapore 228213

Hours:
Monday to Sunday, 11am – 7pm

Contact:
Phone: +65 96720333
Email: marketing@watchexchange.sg
Website: https://watchexchange.sg/

Campaign Period:
14 October 2025 – 31 March 2026
Hashtag: #watchexchangesg #GiveTimeShareHope #WatchExchangeCare




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

About Watch Exchange

Watch Exchange is Singapore’s premier destination for buying, selling, and trading luxury timepieces, specializing in both new and pre-owned watches from prestigious brands such as Rolex, Audemars Piguet, and Patek Philippe.

With a reputation built on trust, expertise, and excellence in the horology community, Watch Exchange channels its passion for fine timepieces into community impact through the “Give Time, Share Hope” initiative—demonstrating that the true value of time lies in how we use it to support one another.

About Geylang East Home for the Aged (GEHA)

Geylang East Home for the Aged (GEHA) is a registered Institution of Public Character (IPC) dedicated to providing quality care for Singapore’s elderly residents. Operating with limited resources while facing growing care demands, GEHA relies on community support to continue its mission of ensuring dignity, comfort, and comprehensive care for seniors. For more information, visit

Singapore and Shanghai Professional Bodies Sign MOU to Empower Enterprises Through Cross-Border Collaboration


SINGAPORE – Media OutReach Newswire – 15 October 2025 – Professional and business communities from Singapore and Shanghai came together today in a landmark collaboration to deepen ties and empower enterprises in the Asia region.

At the Sino-Singapore Forum for Empowering Enterprise Globalisation and Excellence, four leading professional bodies, the Institute of Singapore Chartered Accountants (ISCA), the Shanghai Institute of Certified Public Accountants, the Law Society of Singapore, and the Shanghai Bar Association, signed a Memorandum of Understanding (MOU) to chart a new path of partnership between both cities’ professional communities.

Mr Edwin Tong, Minister for Law and Second Minister for Home Affairs of Singapore, and Mr Fuan Kong, Secretary of the Party Leadership Group and Executive Deputy Director-General, delivered the opening addresses, underscoring the importance of professional collaboration in driving enterprise globalisation.

The forum brought together distinguished representatives from accounting, legal, and business organisations from both Singapore and China. Discussions centred on how cross-border professional synergy can help enterprises navigate regulatory complexities, enhance governance, and accelerate sustainable international growth.

The forum is organised by the Professional Services (PS) Centre, an alliance initiative by eight trade associations and professional membership bodies — the Association of Small & Medium Enterprises, ISCA, the Institute of Valuers and Appraisers, Singapore, the Singapore Business Federation, the Singapore Chinese Chamber of Commerce & Industry, the Singapore Manufacturing Federation, Tax Academy of Singapore and The Law Society of Singapore. The PS Centre aims to serve as a trusted hub for professional services and enable cross-border collaboration, knowledge exchange, and access to specialised talent and resources.

The signing of the MOU during the forum marks a new milestone in Singapore–Shanghai professional collaboration. The agreement establishes a structured framework for cooperation in three key areas:

  1. Mission Trips – Reciprocal business delegations to foster on-the-ground learning and partnerships.
  2. Knowledge-Sharing Sessions – Joint annual seminars, workshops, and roundtables on themes such as cross-border M&A, ESG reporting, and fintech regulation.
  3. Professional Services Centre as a Platform – A strategic bridge to integrate professional services resources between Singapore and China, supporting bilateral exchanges and collaborative ecosystem development.

Mr Fu’an Kong, Secretary of the Party Leadership Group and Executive Deputy Director-General, remarked: “I am very excited to witness the launch of this four-party MOU platform in Hongqiao. Hongqiao’s unique position as a gateway to international markets makes it an ideal base for deeper connectivity, and we warmly welcome more companies to invest and grow here. This collaboration is a strong signal of our shared commitment to openness, innovation, and building a thriving ecosystem for enterprises on both sides.”

ISCA President Mr Teo Ser Luck said: “Today’s forum marks an important milestone in strengthening the partnership between professional services and businesses in Singapore and China. By bringing together our strengths in accountancy and law, we are not only helping businesses expand confidently into overseas markets, but also building trusted ecosystems that support their long-term success.”

Mr Gu Hongxiang, President of the Shanghai Institute of Certified Public Accountants, said: “SHICPA will strengthen collaboration in three key areas: enhancing professional exchanges to meet cross-border service needs, creating an information-sharing platform for joint seminars and expert cooperation, and building a cross-border service ecosystem through the Sino-Singapore Professional Services Alliance to support enterprises expanding between China, Singapore and ASEAN.”

Ms Lisa Sam, President of The Law Society of Singapore, said: “Cross-border cooperation between lawyers and accountants is increasingly vital in addressing complex business needs. This collaboration with our Shanghai counterparts will provide new opportunities for joint learning and practical solutions that help enterprises navigate the challenges of globalisation.”

Mr Shao Wanquan, President of the Shanghai Bar Association, said: “The Shanghai Bar Association has a long-standing history of cooperation with Singapore’s Ministry of Law and Law Society, yielding remarkable results from lawyer exchange programmes, special membership systems and free trade zone joint ventures. Today, with four associations joining hands to build a service chain via a signed MOU, we are offering full-cycle support for Chinese firms going global as well as Singaporean and ASEAN firms entering China. This marks a new stage of ‘chain integration’ in Shanghai–Singapore professional services cooperation, and together, we will continue to safeguard the global development of enterprises from both countries.”

The forum and the MOU mark the beginning of a structured partnership that will see professionals from both cities meet regularly, exchange insights, and support enterprises in their globalisation journey.

By uniting four leading professional bodies from two of Asia’s most dynamic cities, the collaboration signals a strong commitment: that professional services are not just about compliance, they are strategic enablers of growth, innovation, and cross-border opportunities.
Hashtag: #ISCA #DifferenceMakers #Accounting #Accountancy #CharteredAccountants #ChooseAccountancy #PSCentre #PSAlliance #SinoSingapore

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Institute of Singapore Chartered Accountants (ISCA)

The Institute of Singapore Chartered Accountants (ISCA) is the national accountancy body of Singapore with over 40,000 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.

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