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SonicWall Report Details Exponential Increase in Overall Cyberattacks; Reveals Potential Revenue Risk for Businesses

  • At least 12.6% of an organisation’s annual revenues were at risk to cyber threats
  • Sensors detected 125% attack hours – 10 attack hours in an 8-hour workday
  • Businesses endured on average 1,104 hours of critical attacks during a span of 880 working hours; protected from a potential of 46 days of downtime
  • Malware trended up 30% YoY, including a massive 92% spike in May alone
  • Ransomware intensifies in North America (+15%) and explodes in LATAM (+51%)
  • In Asia-Pacific and Japan (APJ), YoY comparison saw malware attacks and IoT attacks increased by 6% and 72% respectively, while cryptojacking decreased by 28%
  • IoT attacks (+107%) and encrypted threats (+92%) continue to climb globally
  • 83% of customer-received alerts seen by our managed services team are related to cloud apps and compromised credentials
  • SonicWall identified 78,923 ‘never-before-seen’ malware variants – 526 a day

SINGAPORE – Media OutReach Newswire – 29 July 2024 – SonicWall today released the 2024 SonicWall Mid-Year Cyber Threat Report, researched and compiled by SonicWall Capture Labs, which unveils yet another rise in overall attacks, after seeing an 11% increase observed in 2023. The report details the evolving threat landscape over the first five months of this year, highlighting the persistent, relentless and escalating nature of cyber threats globally.

This report has been built with SonicWall’s partners in mind, and much like SonicWall itself, has undergone a significant transformation. The report has evolved in how it measures critical cyberthreat data to include time as a factor. It also highlights the latest trends that are impacting our partners and the customers they serve, and for the first time the report ties attacks to tangible business impact, including potential revenue risk.

“As threat actors continue to add more efficient and sophisticated tactics, we knew the threat report had to evolve to suit our partners’ and customers’ needs,” said SonicWall President and CEO Bob VanKirk. “The report is current and includes timely trends and provides our partners, MSPs, MSSPs and customers with actionable intelligence to help them create and implement strategies to help their customers combat these threats whether new or old.”

“Organisations today confront a dynamic threat landscape where threat actors continually innovate to outpace enterprise defenses,” emphasised Debasish Mukherjee, Vice President, Regional Sales, Asia Pacific Japan at SonicWall. “With cyber risks dominating headlines and boardroom discussions globally, the 2024 SonicWall Mid-Year Cyber Threat Report solidifies our position as a trusted authority, bolstering our capacity to deliver robust security solutions to our valued customers.”

Rising Attacks and Revenue Protected

SonicWall intelligence found that on average, companies were under critical attack – the type of attack most likely to deplete business resources – for 1,104 hours out of 880 working hours. That means that customers were shielded from a potential 46 days of business downtime in just the first five months of 2024, protecting 12.6% of total revenues and defending against potentially devastating intrusions.

“The data and examples found in the report provide real life examples of how crafty and swift malicious actors operate, underscoring that traditional cybersecurity defenses often prove to be the most reliable,” said SonicWall Executive Director of Threat Research Douglas McKee. “Data is not just a resource; it’s our frontline defense against cybercrime, revealing critical insights that inform allocation of resources and enable targeted and proactive cybersecurity measures.”

The 2024 SonicWall Mid-Year Cyber Threat Report provides insight on a range of threats, including:

  • Malware – Total global malware volume rose 30% in the first half of 2024, seeing a massive 92% increase in May alone, while APJ saw a YoY increase in malware attacks of 6%.
  • Ransomware – Ransomware is trending up with an increase of +15% in NOAM and a resounding +51% in LATAM, but EMEA is pulling the global numbers down, logging a -49% decrease.
  • IoT Malware IoT attacks rose by 107%, with affected devices averaging 52.8 hours under attack. Additionally, 15% of all malware now uses software packing as its main MITRE TTP. Notably in APJ, IoT attacks increased by 72%.
  • Cryptojacking – After a record-breaking year, Cryptojacking dropped 60%. Most of the globe saw a decrease, with the exception of India, which saw a staggering 409% increase.

“The threat landscape is completely overwhelming for organisations and the teams who defend them,” said SonicWall Partner and Fornida COO Steven Huang. “Most cybersecurity breaches include some degree of human error. Ultimately, there are two ways to battle this; reducing opportunity and educating users. The fewer opportunities there are for an error, the less users will be tested. And the more knowledge they have, the less likely they are to make a mistake even when they face an opportunity to do so.”

Patented RTDMI Discovered ‘Never-Before-Seen’ Malware Variants

SonicWall’s patented Real-Time Deep Memory InspectionTM (RTDMITM) technology identified a total of 78,923 never-before-seen malware variants in the first five months of 2024. The threat landscape remains complex, with over 500 strains of new variants discovered each day.

To learn more about SonicWall and get the complete 2024 SonicWall Mid-Year Cyber Threat Report, please visit www.sonicwall.com/threat-report.

Hashtag: #SonicWall

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

About SonicWall

is a cybersecurity forerunner with more than 30 years of expertise and is recognized as the leading partner-first company. With the ability to build, scale and manage security across the cloud, hybrid and traditional environments in real-time, SonicWall provides seamless protection against the most evasive cyberattacks across endless exposure points for increasingly remote, mobile and cloud-enabled users. With its own threat research center, SonicWall can quickly and economically provide purpose-built security solutions to enable any organization—enterprise, government agencies and SMBs—around the world. For more information, visit or follow us on , , and .

AOC B Series Monitors Upgraded with 120Hz and More for an Immersive Home Entertainment Experience


SINGAPORE – Media OutReach Newswire – 29 July 2024 – AOC, a global leader in display technology, has announced its new B Series monitors enhanced with 120Hz refresh rate, consisting of monitor lines B3, B30, and B36. This substantial upgrade from the existing 100Hz models is set to transform home entertainment, ensuring smoother and more engaging experiences for movie buffs and gamers alike by reducing motion blur. These 120Hz monitors match the pace of modern lifestyles that thrive on high-definition content streaming and graphics-intensive gaming. Perfect for enjoying the latest streaming content or immersing yourself in games on the newest generation of consoles like Xbox and PlayStation, these monitors deliver superior smoothness with reduced eye strain, faster response times, and exceptional image clarity.

AOC B Series Monitors Upgraded with 120Hz and More for an Immersive Home Entertainment Experience
AOC B Series Monitors Upgraded with 120Hz and More for an Immersive Home Entertainment Experience


“With the upgrade of our B Series to 120Hz, we aim to meet and exceed customer expectations,” says Kevin Wu, General Manager at MMD Singapore. “Whether our customers are streaming or gaming, our goal is to provide top-notch visual performance. This commitment to enhancing our technology is a testament to our dedication in delivering superior visual experiences to all users.”

The 120Hz refresh rate upgrade in AOC’s B Series monitors is just one part of a comprehensive suite of enhancements designed to elevate the overall user experience. Within the B3 line, these monitors also feature upgraded brightness from 250 cd/m2 up to 300 cd/m2 and enhanced contrast ratios from 1300:1 up to 1500:1. This combination of high-performance display specs works in harmony to provide an immersive, cinema-quality viewing experience, whether you’re gaming, streaming movies, or simply browsing. To further complement the visual upgrades provided by 120Hz, select B3 line models like the 24B3QA2 and 27B3QA2 also feature built-in high-quality speakers, allowing users to enjoy a complete audio-visual home entertainment setup. Additionally, the 24B3CF2, 27B3CF2, 24B3CA2, and 27B3CA2 B3 line models integrate USB-C connectivity for fast charging and seamless cross-device integration.

The B30 line also features upgraded brightness from 250 cd/m2 up to 300 cd/m2 to complement the 120Hz refresh rate for a seamless, high-quality viewing experience, alongside VESA mount support for greater adjustability and user comfort. B30 models further differentiate themselves with 24B30H2/BW and 27B30H/BW providing color options in black and white. Meanwhile, the B36 line, encompassing the 24B36H and 27B36H, not only includes upgraded brightness levels from 250 to 350 cd/m2, but are also further distinguished by their ultra-narrow bezels. This design choice reduces visual interference from the frame, effectively increasing the perceived screen size and immersion – a perfect pairing with the 120Hz panels’ emphasis on crystal-clear, smooth visuals.

Slated for a Q3 release, the upgraded B Series 120Hz monitors aim to redefine how home users experience and engage with digital content. Engineered for a more vibrant, dynamic, and engaging digital environment, these monitors are set to cater to a broad spectrum of home entertainment needs.

Hashtag: #AOC #AOCMonitors #120HZ


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

About AOC

Founded in 1967, AOC is a globally leading monitor and IT accessories brand and a subsidiary of TPV Technology Limited, the world’s largest LCD manufacturer. AOC’s comprehensive product portfolio provides innovative, ergonomic, environmentally conscious and stylish solutions for professional as well as personal applications.

The AGON by AOC sub-brand of offers one of the world’s strongest portfolios of high-performance gaming monitors, and a complete ecosystem of gaming accessories grouped in three categories: AOC GAMING for core gamers, AGON for competitive gamers, and AGON PRO for esports enthusiasts and professional esports players. Since 2020, AGON by AOC has been one of the leading gaming monitor brands and a top choice of gamers worldwide.

For more information, please refer to AOC’s official or follow AGON by AOC on .

OG of Prawn Claypot, Woodlands Claypot Prawn Brings the Heat to Jurong: Grand Opening of 4th Outlet on July 29, 2024


SINGAPORE – Media OutReach Newswire – 29 July 2024 – Get ready, Jurong! Woodlands Claypot Prawn, the name that has set Singapore’s dining scene ablaze, is all set to spice things up with the grand opening of its fourth outlet on Monday, July 29, 2024. Known for their game-changing take on prawn claypot, this new location promises to be the hottest spot in town.

The culinary journey began on January 4, 2024, when Woodlands Claypot Prawn introduced Singapore to the tantalizing Lala claypot—a Malaysian sensation that quickly became the talk of the town. By February 2024, the founders decided to sell their lucrative Lala Claypot venture and pivoted to establish themselves as the ultimate purveyors of prawn claypot in Singapore.

Fast forward to now, and Woodlands Claypot Prawn has become the undisputed OG of premium charcoal prawn claypot, with three successful existing outlets—two non-halal and one halal in Toa Payoh. The upcoming Jurong outlet will further broaden their appeal, catering to an ever-growing market that craves quality and comfort food.

Leading this exciting new chapter is Jay, co-founder and the energetic frontman behind HZG Group which owns Woodlands Claypot Prawn. Jay and his team have put their heart and soul into developing unique combinations of soup bases and prawns, a process so meticulous it’s been affectionately termed in a Singaporean way “R&D and tasted so much till we are scared.” With premium ingredients sourced from the same supplier trusted by renowned restaurant groups in Singapore, diners can expect nothing short of excellence at a fraction of the cost.

But what makes Woodlands Claypot Prawn truly special is the remarkable story of its founders. This isn’t just a tale of culinary success; it’s a narrative of grit, passion, and camaraderie. The four founders pooled their own money and got their hands dirty, working on the ground for the first two months to build something truly extraordinary.

Jay, the brainy strategic planner of the group, has a background that reads like an entrepreneurial novel. From brokering event tickets at the age of 14 to managing internships and navigating the traditional 9-to-6 grind, Jay’s journey is a validation to independence and innovation. His sister-in-law, Michelle, who transitioned from a career in the Acai distribution industry, and Chee Shan, a direct lineage of Sing Long Group (Godfather of culinary sauces) who forged his own path, each bring their unique flair to the table.

To highlight a key aspect of their story, Jay and their 4th partner, Alvin’s partnership is nothing short of legendary. Alvin’s incredible transformation from a delinquent past to a key societal player showcases how passion and grit can turn the tide. In under six months, the duo built a strong brotherhood that reached new heights during an August 2023 trip to Guangzhou. This adventure quickly thrust them into the entertainment scene, setting the stage for an epic new chapter. The rest, as they say, is history.

For Jay & his partners, this partnership isn’t just business—it’s a serendipitous convergence of fate and meaningful connections that elevate their shared vision.

With several new outlets in the pipeline and thrilling plans for both local and International expansion, Woodlands Claypot Prawn is set to spread its flavorful impact far and wide. The grand opening in Jurong on 29th July 2024 marks just the beginning of an exciting new chapter brimming with delicious opportunities. Investors, partners, and international collaborators are invited to join us on this flavorful journey as we continue to innovate and expand our reach.

Get ready to be part of the next big thing in the culinary world!

Woodlands Claypot Prawn Outlets:

NEW!
5 Soon Lee Street, #01-08
Pioneer Point, Singapore 627607

18 Tampines Industrial Crescent
#01-16, Singapore 528605

10 Marsiling Industrial Estate Road 1,
#01-01, Singapore 739276

9 Toa Payoh Industrial Park,
#01-1209, Singapore 319061 [HALAL]
_______________________________

Official Pages:

FB: Woodlands Claypot Prawn https://www.facebook.com/p/Woodlands-Claypot-Prawn-61556922959490/

IG: @woodlandsclaypotprawn
(https://www.instagram.com/woodlandsclaypotprawn/?hl=en)

Tik Tok: @woodlandsclaypotprawn
https://www.tiktok.com/@woodlandsclaypotprawn?_t=8oP6H4l3fzG&_r=1
Hashtag: #woodlandsclaypotprawn

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

About Woodlands Claypot Prawn:

Woodlands Claypot Prawn is a dynamic dining brand celebrated for its innovative prawn claypot dishes and commitment to culinary excellence. With a focus on premium ingredients and unique flavor combinations, Woodlands Claypot Prawn continues to captivate diners and expand its reach both locally and internationally.

About HZG Group Pte Ltd.

HZG Group Pte Ltd is a multi-faceted Food & Beverage conglomerate dedicated to enhancing lifestyle and habitual enjoyment. We specialize in crafting exceptional dining experiences that seamlessly blend culinary excellence with everyday indulgence. Our commitment to quality and innovation drives us to deliver memorable moments that elevate everyday living, making us a leader in the industry and a partner of choice for those seeking both exceptional food and a vibrant lifestyle.

BEST Inc. Launches DWS System in Malaysia with Nearly RM10million Investment

The newly built automated line allows DWS contributes to a daily capacity of 500,000 parcel


KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 29 July 2024 – BEST Inc., a leading integrated smart supply chain and logistics solutions provider in China and Southeast Asia proudly announces the deployment of its eleven advanced Dimensioning, Weighing, and Scanning (DWS) systems in its largest sorting center in Southeast Asia, located in U10 Shah Alam Malaysia (KULHUB). The total investment in these systems amounts to nearly 10 million Malaysian Ringgit.

Gavin Lu , CEO of BEST Inc. Malaysia ( third from left) officiated the ribbon cutting ceremony
Gavin Lu , CEO of BEST Inc. Malaysia ( third from left) officiated the ribbon cutting ceremony

This strategic initiative is a significant part of BEST Inc.’s efforts to enhance operational efficiency and service quality in response to Malaysia’s burgeoning e-commerce market.

Gavin Lu , CEO of BEST Inc. Malaysia highlighted the importance of this technological advancement, with the introduction of the DWS machine in Malaysia is a significant milestone only for BEST Inc Malaysia.

“As we continue to invest in cutting-edge technologies, this advanced system will streamline our operations, reduce costs, and provide superior service to our customers. Malaysia is a crucial market for us, and we are committed to supporting its growth with our innovative solutions. The DWS technology exemplifies our dedication to optimizing logistics through automation and precision,” Gavin said

The eleven dynamic DWS Machine is an extension of the top-side code reading version, which not only has all the functions of the top DWS, but also further improves the sorting efficiency. The code reading cameras on 5 sides of the frame can simultaneously scan 5 sides of the parcel. In this case , the barcode information, dynamic volume and weight data in all directions of the package can be obtained comprehensively, which reduces the requirements for package placement and improves the identification efficiency in unit time. Improve the automation degree and sorting efficiency of enterprise logistics links.

The newly built automated line allows each DWS to handle 20,000 parcels per hour, contributing to a daily capacity of 500,000 parcels for the KUL Hub.

“The implementation of the DWS machine marks a new era for logistics in Malaysia. By integrating this technology into our operations, we are not only enhancing efficiency but also setting a new standard for the industry. This advancement will enable us to better serve our customers with faster and more accurate parcel processing, ultimately driving customer satisfaction and operational excellence. This is particularly important as Malaysia’s e-commerce market continues to expand rapidly, necessitating more sophisticated and scalable logistics solutions,” said Gavin.

The deployment of the DWS machine in Malaysia aligns with BEST Inc.’s broader strategy to strengthen its presence in Southeast Asia. This follows successful expansions into other regional markets, including Vietnam, Thailand, Malaysia and Singapore,

“These strategic moves are driven by the company’s commitment to innovation and customer satisfaction, aiming to deliver reliable and efficient logistics services across the region. The DWS system is a testament to BEST Inc. commitment to provide high-quality logistics solutions that meet the demands of modern e-commerce and supply chain operations,” Gavin continues.

Hashtag: #BESTInc #BESTExpress #Logistics #Cargo #BESTCargo #CrossBorder #Fulfillment #SaaS #Supplychain




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

BEST Inc

BEST Inc. (NYSE: BEST) is a leading integrated smart supply chain solutions and logistics services provider in China and Southeast Asia. Through its proprietary technology platform and extensive networks, BEST offers a comprehensive set of logistics and value-added services, including freight delivery, supply chain management and global logistics services. BEST’s mission is to empower business and enrich life by leveraging technology and business model innovation to create a smarter, more efficient supply chain.

BEST Inc started its business mapping for Southeast Asia market expansion in 2018. The group completed its express delivery network coverage in Thailand, Vietnam, Malaysia, and Singapore in 2020, and opened up the cross-border logistics network between China and Southeast Asia.

Started with express delivery network in Southeast Asia market, BEST Inc has gradually built-up its global warehouses, cross-border networks, and cargo networks.

BingX Sponsors CoinGecko Q2 2024 Market Report: Including BTC ETH SOL


VILNIUS, LITUANIA – Media OutReach Newswire – 29 July 2024 – As a leading cryptocurrency exchange known for its user-centric approach and innovative trading solutions, BingX is proud to announce its sponsorship of CoinGecko’s Q2 2024 Market Report.

BingX spokesperson Vivien Lin said: “BingX and CoinGecko share a common goal: Empowering the crypto community with transparent, accurate, and informed data to make informed decisions. Our plan to sponsor CoinGecko’s quarterly reports demonstrates our commitment to fostering a trustworthy and transparent trading environment. We believe that making informed decisions is the foundation of successful trading. This report will provide users with the valuable information they need to participate in the market with confidence.”

CoinGecko’s Q2 Market Report provides a comprehensive update on the market landscape. The total market capitalization decreased by 14.4% ($408.8 billion) and stood at $2.43 trillion by the end of Q2 2024, with an average trading volume of $90.8 billion, down 16.9% from Q1 2024. The dominance of BTC and ETH continued to increase, signaling positive growth in the cryptocurrency market. However, there were also some top cryptocurrencies that fell, with SOL falling the most at 27.8%.

Hashtag: #BingX

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

About BingX

Founded in 2018, BingX is a leading cryptocurrency exchange, serving over 10 million users worldwide. BingX offers a variety of products and services, including spot trading, derivatives, copy trading, and asset management tools.

Save the Children Hong Kong celebrating its 15th Anniversary Inaugural Children’s Champion Award 2024 Recognises 13 Awardees for the Positive Impact on Children’s Lives

Celebrity Mom Grace Chan and Child Star Sean Chan Support the Good Cause


HONG KONG SAR – Media OutReach Newswire – 27 July 2024 – This year, Save the Children Hong Kong celebrates its 15th anniversary with a Children’s Champion Award presentation ceremony and photo exhibition at Central Market. Celebrity mom Grace Chan and child actor Sean Wong attended the ceremony to support the cause, encouraging individuals from all walks of life to bring a brighter future to children.

All the guests cut the ribbon for the Save the Children Hong Kong 15th Anniversary ceremony. From right to left: Tik Chi Yuen (Legco member), Donald Choi (Executive Director and CEO of the Chinachem Group), Grace Chan (Celebrity), Carol Szeto (CEO of Save the Children Hong Kong), Ho Kai Ming (Acting Secretary for Labour and Welfare), Linda Lam (Chairperson of the Equal Opportunities Commission), and Dr. Phyllis Chan (Honorary Clinical Associate Professor, Department of Psychiatry, HKU).
All the guests cut the ribbon for the Save the Children Hong Kong 15th Anniversary ceremony. From right to left: Tik Chi Yuen (Legco member), Donald Choi (Executive Director and CEO of the Chinachem Group), Grace Chan (Celebrity), Carol Szeto (CEO of Save the Children Hong Kong), Ho Kai Ming (Acting Secretary for Labour and Welfare), Linda Lam (Chairperson of the Equal Opportunities Commission), and Dr. Phyllis Chan (Honorary Clinical Associate Professor, Department of Psychiatry, HKU).

Transforming Children’s Futures for 15 Years and Beyond
2024 marks the 15th anniversary of Save the Children Hong Kong. As the guest of honor, Mr. Ho Kai-ming, Acting Secretary for Labour and Welfare, highlighted during his speech,” Every child deserves a joyful childhood. The government is committed to developing appropriate policies that prioritise the safety and welfare of children.” Furthermore, he expressed hope for families, communities, and all sectors of society to come together in nurturing the next generation, enabling them to thrive and flourish.

Guest of honour, Ho Kai-ming, Acting Secretary for Labour and Welfare
Guest of honour, Ho Kai-ming, Acting Secretary for Labour and Welfare

Save the Children Hong Kong has a proud 100-year heritage as part of the Save the Children global movement, dedicated to empowering children to transform their futures. “The harsh realities many children face in Hong Kong – from crippling poverty to the mental health crisis – are heartbreaking. Around the world, we also see natural disasters and conflicts impacting millions of children worldwide,” said Carol Szeto, CEO of Save the Children Hong Kong. “But we refuse to let these challenges define their destinies. Our mission is to uplift and empower every child, reinforcing the transformative impact that resonates through generations. When we unite as a community and go above and beyond, there is no obstacle too great for the resilience and potential of a child.”

Grace Chan and Sean Wong Embrace the Power of Children’s Potential
Celebrity Grace Chan presented the Children’s Champion Youth Award. At the event, Grace shared the joys of parenting with her three sons. As a mother, she values holistic development of children. Grace teaches her sons to care for others, as she believes every child can make a positive impact.

Child actor Sean Wong brought a joyful spirit to the event as his first-time emcee of the award presentation ceremony. Sean shared how he harnesses his talent in acting to amplify children’s voices and hopes to drive a positive change to society. He expressed that every child has their own unique talents and encouraged children to pursue their passions.

Children’s Champion Award 2024 recognised unsung heroes
The inaugural Children’s Champion Award recognised individuals, corporations, and charitable foundations making a positive impact on the lives of children in Hong Kong and around the world. This year, 13 exceptional individuals and organisations were recognised for their contribution to children.

The awardees, of different ages, genders, occupations, nationalities, sectors and backgrounds, contribute their efforts to champion for children in various ways. From providing learning opportunity for underprivileged children and children with special educational needs, to turning one’s home into foster care for infants in urgent situations, initiating in-kind donation and cause-related marketing initiatives on a global scale, and advocating for action on the climate crisis, their stories inspire others to act and make a positive impact on children in need.

15 Years On photo exhibition at Central Market
The public is welcome to visit the 15th anniversary photo exhibition at 2/F, Central Market from now until 31 July 2024. The exhibition showcases captivating photographs that portray the impact of Save the Children Hong Kong’s work on transforming the lives of children.

For more information about the Children’s Champion Award 2024 and the inspiring stories of awardees, please visit the Save the Children Hong Kong website: https://savethechildren.click/award

Awardees of Children’s Champion Award 2024: (Listing in no particular order)

Children’s Champion Youth Award

  • Owen Ng, Founder of “Game On Hong Kong” Sports Volunteering Platform
  • Dhaanya Ganeriwal and Reaha Ganeriwal, Climate activists and Founders of MyGreenMantra
  • Matthew Kwok, Co-founder of JUST FEEL


Children’s Champion Award (Individual)

  • Chan Hung, Founder of Principal Chan Free Tutorial World
  • Linda Kung, Emergency Foster Family, Founder of Lovecare Station
  • Marcia Ng, Founding Member of Hong Kong Association for AD/HD
  • Twiggy Chan, Founder of Boaz International Education Institute


Children’s Champion Award (Private Sector)

  • Octopus Cards
  • Vtech Holdings Limited
  • AaaM Limited
  • Ronald McDonald House Charities Hong Kong
  • Music Children Foundation
  • Chi Heng Foundation

Hashtag: #SavetheChildrenHongKong #ChildrensChampionAward #Children





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

About Children’s Champion Award

For 15 years, Save the Children Hong Kong has been at the forefront of empowering children to transform their future, building on the work of Save the Children global movement that has spanned over 100 years and in about 120 countries. From creating opportunities for children to learn and play, to protecting them from harm and abuse, and providing life-saving essential supplies during humanitarian emergencies, Save the Children is shaping a brighter tomorrow for the most vulnerable children. The Children’s Champion Award, a highlight of their 15th anniversary celebration, recognises changemakers from all walks of life who have made a remarkable impact and showcases their unwavering commitment to this ongoing journey of empowering children, with every step taken to create a better future we shared. For more information about the Award, please visit

About Save the Children Hong Kong

Save the Children believes every child deserves a future. In Hong Kong and around the world, we do whatever it takes – every day and in times of crisis – so children can fulfil their rights to a healthy start in life, the opportunity to learn and protection from harm. With over 100 years of expertise, operating in around 120 countries, we are the world’s first and leading independent children’s organisation – transforming lives and the future we share.

Established in 2009, Save the Children Hong Kong is part of the global movement. We work with children, families, schools, communities and our supporters to deliver lasting change for children in Hong Kong and around the world.

Visit our or follow us on , , and .

Vingroup: the powerhouse behind VinFast’s electric vehicle ambitions

Leveraging Vietnam’s manufacturing ecosystem and backed by deep-pocketed Vingroup, the country’s largest private conglomerate, VinFast is positioning itself as a global electric vehicle contender.


HANOI, VIETNAM – – Media OutReach Newswire – 26 July 2024 – Pham Nhat Vuong, Vietnam’s wealthiest man and the driving force behind Vingroup, the country’s largest private conglomerate, is all-in on electric vehicles. His unwavering belief in the future of electric mobility has fueled VinFast, Vingroup’s automotive arm.

Vingroup, the powerhouse behind VinFast's electric vehicle ambitions
Vingroup, the powerhouse behind VinFast’s electric vehicle ambitions

Mr. Vuong has described VinFast as a “devotion project,” a testament to his personal conviction that the electric vehicle market is poised for explosive growth. This vision has propelled the company forward, even as it navigates a challenging global economic landscape marked by rising interest rates and uncertain consumer sentiment.

At Vingroup’s annual shareholder meeting, Mr. Vuong reiterated his ironclad commitment to VinFast. “The electric vehicle market will continue to grow,” he declared. “VinFast is Vingroup’s mission, honor, and future.” His words underscored the company’s determination to become a global electric vehicle powerhouse.

As VinFast races to compete on the world stage, Mr. Vuong’s deep pockets provide a crucial financial cushion.

VinFast’s manufacturing complex in Hai Phong, Vietnam
VinFast’s manufacturing complex in Hai Phong, Vietnam

Multi-industry Corporation from Vietnam, a New Manufacturing Powerhouse

Vietnam’s rapid economic growth has propelled domestic conglomerates like Vingroup to the forefront of the nation’s business landscape. As a behemoth contributing an estimated 1.6% of Vietnam’s 2023 GDP, Vingroup has diversified its portfolio across technology-industry, trade & services, and social enterprise.

Real estate and electric vehicles have emerged as the twin engines driving Vingroup’s financial performance. In 2023, these sectors combined to generate over $6.5 billion in revenue. This momentum carried into 2024, with the company reporting $853.7 million in consolidated net revenue during the first quarter.

Vinhomes, Vingroup’s real estate subsidiary, stands as a dominant force in Vietnam’s property market. Renowned for its scale, speed, and service, Vinhomes is at the vanguard of the country’s real estate sector. With a vision to create world-class living environments, Vinhomes is redefining urban living by seamlessly blending residential spaces with nature, amenities, and community.

Meanwhile, manufacturing emerged as the key driver of this growth, with revenue reaching 238.2 million USD, a significant 3.4-fold increase compared to the same period in 2023. This highlights the growing strength of Vingroup’s manufacturing sector.

In fact, Vietnam has emerged as a manufacturing powerhouse, attracting global companies seeking to diversify supply chains. Low labor costs, a skilled workforce, and open investment policies fuel this growth. However, Vietnam has long aspired to develop its own independent automotive industry, complete with a domestic supply chain.

Prior to VinFast’s appearance, the Vietnamese auto sector relied heavily on imports, with limited local assembly and underdeveloped supporting industries.

VinFast has become a key player in fostering an independent and proactive Vietnamese auto supply chain. This, in turn, elevates the national brand on the world stage. Just seven years after unveiling its first models at the Paris Motor Show, Vingroup’s chairman, the founder of VinFast, has been included in a prestigious list of the most influential figures in the global auto industry, the 2024 MotorTrend Power List.

Vingroup’s Tech Ecosystem Propels VinFast’s Electric Vehicle Push

Forging strategic partnerships and prioritizing consumer-centric technology features, VinFast aims to carve a niche in the competitive electric vehicle market. The company’s product portfolio emphasizes innovative features that enhance the driving experience. This focus, coupled with the backing of its parent company, Vingroup, positions VinFast for potential success.

VinFast’s parent company brings more than just financial muscle to the table. It also provides a comprehensive technological ecosystem that empowers VinFast to develop cutting-edge, smarter electric vehicles that surpass gasoline-powered rivals.

Vingroup’s technology ecosystem serves as a robust platform, empowering not only VinFast but also its real estate, services, and healthcare divisions to leverage cutting-edge innovations.

  • VinBigData: Established on the bedrock of Vingroup Big Data Institute’s data science and AI expertise, VinBigData delivers cutting-edge products like ViVi (smart voice assistant) and AI Camera.
  • VinAI: A leader in smart mobility solutions, VinAI empowers automakers to elevate vehicle performance through advanced AI technologies. Their innovations are already integrated into VinFast models and those of European automakers. Notably, VinFast’s collaboration with VinAI on VinFast MirrorSense, the world’s first AI-driven automatic mirror adjustment technology, recently earned an Innovation Award at CES 2024.
  • VinES: With a focus on research, development, and production of batteries, VinES plays a crucial role in solidifying VinFast’s self-sufficiency in battery technology. Last year’s merger between VinES and VinFast further strengthens VinFast’s position in the competitive EV market.
  • VinCSS: Cybersecurity takes center stage with VinCSS, which provides passwordless authentication solutions and IT security services.
  • VinHMS: Optimizing business operations is VinHMS’s forte. This software company delivers high-quality tech products specifically designed to streamline enterprise activities.
  • VinBrain: Revolutionizing healthcare with AI, VinBrain leverages cutting-edge technology to create tailored solutions for the medical sector.

Recently, Vingroup has earned the prestigious AIBP 2023 ASEAN Tech for ESG Award, solidifying its position as a leader in sustainable development across Southeast Asia. As a regional multi-industry conglomerate, Vingroup is driving a greener future through digital initiatives focused on ESG principles.

Leveraging cutting-edge technologies like AI, IoT, robotics, immersive tech, and blockchain, Vingroup addresses sustainability challenges across its diverse portfolio covering the technology industry, trade & services, and social enterprise.

VinFast serves as the final piece of Vingroup’s ambitious puzzle, driven by a vision to elevate the lives of everyone with smarter technologies.

Vingroup’s chairman emphasizes social responsibility as a key motivator for investing in VinFast. He aspires to establish VinFast as a prestigious Vietnamese brand on the global stage. Mr. Vuong acknowledges the long-term commitment required and pledges to dedicate significant resources from both Vingroup and himself to ensure VinFast’s success.

Hashtag: #Vinfast

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

The Arc in London’s Fintech District Celebrates Strong Asian Connections as It Opens Its Doors

The Arc is a new eco-friendly mixed-use development in Shoreditch, London, featuring extensive health and wellbeing credentials and amenities, 150,000 sq. ft office space and landscaped roof top gardens


LONDON, UK – Media OutReach Newswire – 26 July 2024 – Ghelamco, a renowned international property developer, proudly announces the official opening of The Arc in Shoreditch, London, to its first residents and commercial tenants. This milestone is marked by a significant influx of Asian buyers, a Tian Tian Market on site, a show home curated by Taiwanese-American interior designer, Dara Huang, and rooftop gardens designed by the creators of Singapore’s Gardens by the Bay – highlighting a quartet of distinguished Asian connections.

The Arc gym
The Arc gym

Notably, over a third of the newly developed homes have been purchased by Asian buyers, marking significant international interest. Among the nations, Chinese purchasers lead the acquisitions, followed by buyers from Hong Kong, Malaysia, Singapore and Taiwan. To date, The Arc has sold over £35 million worth of apartments to such purchasers. Of these sales, 25% are buy-to-let investors and 75% own users, which includes parents buying homes for their children attending UK universities. Buyers were drawn by The Arc’s aspirational design, wellness amenities, eco-friendly features and its prime location amid significant area regeneration.

The Arc’s Asian connections extend beyond its residential buyers too. Tian Tian Market, an Asian health food supermarket, has secured a 3,678 sq ft (341.7 sq m) retail space on the ground floor, committing to a fifteen-year lease. Whilst the rooftop gardens, meticulously crafted by Grant Associates – the experts behind Singapore’s Gardens by the Bay – offer panoramic views, seating and BBQ areas. The gardens feature a diverse array of plants aimed at promoting urban biodiversity, including edible species and bee-friendly flowers.

The Arc roof top terrace
The Arc roof top terrace

Meanwhile, world-renowned interior designer, Dara Huang, has curated a two-bedroom 1,000 sq ft apartment into a beautifully presented show home, which is on the market for £1.8million, boasting two terraces and landmark views of London to include St Pauls Cathedral and The Shard.

Designed by Allford Hall Monaghan Morris, the architects behind the Saatchi Gallery, The Arc draws inspiration from both Star Wars and New York’s Meatpacking District. Now complete, the first set of residents have now moved in, whilst Tian Tian Market is set to open its doors any moment now. Overall, The Arc includes 100 one-to-three-bedroom apartments, 150,000 sq ft of commercial space and numerous amenities that include London’s first UFC gym with rings and rope climbing, yoga studio, treatment rooms, golf simulator, 13-seat private cinema room, 236 cycle hub with showers and lockers and an open-air event space. The development also boasts a suite of certifications, including DGNB, BREEAM, WELL, WIREDSCORE, and SMART SCORE, underscoring its commitment to sustainability and occupant wellbeing.

Eco credentials including being an all-electric building, a 30% reduction in carbon emissions, air source heat pumps, EPC-A rated homes and a ‘blue roof’ system for the reuse of grey water within the building. Communal spaces are also cleverly designed with features such as radiation-based heating and cooling systems to eliminate air flow and reduce the spread of bacteria and viruses. Whilst the ventilation system guarantees 15L/s per person of fresh air, greatly exceeding today’s standards and contributing to a healthier and more pleasant environment. Meanwhile, vertical piers with setback spandrel panels maximise the amount of natural light, creating a stimulating environment, whilst artificial light is 100% LED and designed according to WELL standards.

Situated at the crossroads of five vibrant districts – The City, Shoreditch, Old Street, Angel and Hoxton – The Arc benefits from excellent connectivity, with Old Street station undergoing major renovations and high-speed Crossrail services from Farringdon. Residents enjoy proximity to Shoreditch’s creative scene and Clerkenwell’s boutiques, as well as 10 Michelin-starred restaurants and some of London’s most illustrious intellectual powerhouses, making it an ideal location for students and professionals alike.

The Arc is Ghelamco’s first UK development, with their second, The HiLight, currently under construction in Battersea. Scheduled for completion in summer 2026, The HiLight will offer 113 EPC-A rated luxury waterfront residences with panoramic views, alongside extensive amenities to include club room, cinema, fitness and wellness studio, meeting room and workspaces, sky bar, sports court, viewing platform and a sensory rooftop garden. The HiLight will also be carbon neutral and EDGE certified due to minimising and reducing energy and water usage by 20% compared to a standard structure. Sales launch this Autumn and interested purchasers can register via The HiLight’s website.

Internationally, Ghelamco is known for its sustainability credentials, with all of their developments to date awarded either ‘Outstanding’ or ‘Excellent’ BREEAM certification. Recently, they became the first developer in Poland to build photovoltaic farms as a part of its ESG strategy to guarantee Zero Carbon buildings in operation. Whilst Google, who are at the forefront of innovation themselves, recently purchased Ghelamco’s office-complex, The Warsaw Hub, for their Polish headquarters in Warsaw in a €583m deal. Established in 1985 by Paul Gheysens, the family-owned business is now spearheaded in the UK by his 30-year old daughter Marie-Julie. Beyond creating urban homes, offices and retail, the developer’s track record includes branded residences, golf courses, football stadiums and hotels.

Marie-Julie Gheysens, Head of UK at Ghelamco commented: “The swift sales to Asian buyers highlights the enduring confidence in the London property market still. The Arc’s appeal lies in its aspirational design, health and wellbeing amenities, eco-friendly features and strategic location within a rapidly regenerating area. These factors have definitely driven strong interest and confidence amongst this demographic.”

Harry Anthony, Associate in Knight Frank’s City New Homes team said:
“London’s real estate market has historically shown strong appreciation over time, offering international investors appealing returns. The Arc has certainly proved to be attractive to global professionals, who value its sustainable ethos and premium amenities. Set in vibrant Shoreditch, it offers an eclectic mix of culture, dining, and entertainment that appeals to a cosmopolitan audience as well as its good transport links. This blend of sustainability, connectivity, and amenities has made The Arc an exceptional investment opportunity.”

Sascha Moore, co-head of East London residential development sales at Savills, added: “The perception of East London has changed dramatically in recent years – no longer a purely commercial location, the residential offering is in high demand. The quality of the residential developments – not to mention the amenities included within them – has led to strong interest from a range of domestic and international buyers, many of whom are international owner occupiers living in the UK for school or work and want to be in this exciting part of town. Beyond the services offered to residents which, taking The Arc in Shoreditch as an example, provides a 24-hour concierge, golf simulator, fitness and yoga studio, the lifestyle of the City’s fringe appeals to a wide range of buyer”.

Knight Frank and Savills are appointed as residential agents for The Arc, with prices starting from £735,000 for a studio apartment.

https://www.thearc-london.com / Sales Tel: +44 (0)208 183 333 / 204 City Road
London, EC1V 2PH

Hashtag: #Ghelamco #TheArc

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

ABOUT GHELAMCO

  • Established in 1985 by Paul Gheysens, the family-owned business is now spearheaded in the UK by his daughter Marie-Julie. Beyond creating urban homes, offices and retail, the developer’s track record includes branded residences, golf courses, football stadiums and hotels.
  • Ghelamco is a leading International Real Estate Investor and Developer that is unwavering in its mission to achieve greener, smarter and more efficient projects – Ghelamco’s vision is to create cities that unleash a positive human energy
  • The company has an unparalleled track record of growth over the past three decades and is highly recognised by its peers for its top-quality projects and pioneering work in the creation of sustainable, energy neutral concepts
  • Ghelamco maintains a high-quality internal control over all of its project’s development phases – from land purchase and planning through to construction and sales and leasing. Their projects combine prime and strategic locations with efficient and aesthetically inspiring designs
  • Ghelamco is a market leader in sustainable development and since 2011 every one of Ghelamco’s projects has been awarded either Outstanding or Excellent BREEAM certifications – Spectrum (Brussels), Silver Tower (Brussels), The Link (Antwerp), Woloska (Warsaw), Warsaw Spire (Warsaw), Wronia 31 (Warsaw) recognized as greenest building of CEE in BREEAM Awards 2019 competition (BREEAM Outstanding)
  • Ghelamco not only focuses on energy saving but also on workplace comfort, water usage, innovation, location and social impact and has been appointed as a Partner in the European Commission’s “Green Building Programme” for several projects in Poland
  • Constantly striving to achieve greener and more sustainable ways of delivering their projects, Ghelamco has become an expert in the creation of energy neutral concepts, meeting the highest ecological standards across their entire portfolio