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Taiwan Launches Asia Innovation Capital Initiative to Become AI Hub

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TAIPEI, Oct. 22, 2025 /PRNewswire/ — The Financial Supervisory Commission (FSC), in collaboration with the Taiwan Stock Exchange (TWSE) and Taipei Exchange (TPEx), has launched the Asia Innovation Capital initiative, a strategic program led by the FSC to strengthen Taiwan’s capital markets and establish the market as a regional hub for innovation and artificial intelligence.

“This initiative is instrumental in driving long-term industrial development and strengthening the global competitiveness of our capital markets,” said FSC Chairman Peng Jin-lung. He emphasized that the platform offers flexible financing options to support corporate growth and transformation, while reinforcing Taiwan’s ambition to become Asia’s leading asset management hub.

Aligned with the government’s “Innovative Economy, Smart Taiwan” vision, the program builds on the Asian Asset Management Center’s Capital Market Growth Plan. It streamlines listing and trading rules, establishes a dedicated service team, and integrates resources to support companies of all sizes in key industries. Its dual equity and bond financing channels will help build a flexible, innovation-driven ecosystem.

The Asia Innovation Capital introduces 13 targeted measures across equity and bond markets.

Equity market reforms enhance the Taiwan Innovation Board by introducing day trading to boost liquidity. The initiative also streamlines listing requirements for foreign companies—such as abolishing the regulation that majority of directors shall be domiciled in the Republic of China, shortening the period of appointing the lead securities underwriter to assist its compliance with the securities laws, and reducing the number of years required for post-IPO CPA internal control audit reports. Additional measures include increased flexibility in board transitions and relaxed margin trading rules, all aimed at improving market efficiency and accessibility.

Bond market reforms include allowing foreign currency-denominated bonds issued offshore to be dual-listed in Taiwan, expanding the scale and international reach of the domestic bond market. The initiative also relaxes eligibility requirements for foreign companies seeking to issue bonds in Taiwan, creating more diverse fundraising channels and promoting market inclusivity.

“This initiative is designed to help enterprises access flexible financing through both equity and bond channels, enabling them to plan for long-term growth and transformation,” Peng added.

The FSC aims to build a dynamic and inclusive capital market through regulatory enhancements and market incentives that support innovation-driven growth. It is expected to accelerate industrial transformation, foster innovation, and broaden access to high-quality investment opportunities—strengthening Taiwan’s market scale, global visibility, and investor appeal.

X-PHY Inc and Ensign InfoSecurity Ink Strategic Partnership to Fortify Cyber Resilience Across Asia and Beyond

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SINGAPORE, Oct. 22, 2025 /PRNewswire/ — X-PHY Inc, the cybersecurity arm of the Singapore-headquartered Flexxon Group, and leader in hardware-based cybersecurity solutions, and Ensign InfoSecurity, Asia Pacific’s largest pure-play- end-to-end cybersecurity service provider, have entered into a strategic partnership to strengthen cyber resilience across critical sectors. Together, the parties will explore the co-development and commercialisation of joint innovations, that combine their respective areas of expertise to deliver holistic and seamlessly integrated solutions that secure the digital systems of clients around the world.

The official signing ceremony took place today at GovWare 2025 (From L-R: Mr Lim Minhan, Executive Vice President and Head of Consulting at Ensign InfoSecurity, Mr Simon Cheong, Senior Vice President and Head of Sales for International Business & Commercial at Ensign InfoSecurity, Ms May Chng, Co-Founder and Chief Operating Officer of X-PHY Inc, Mr Ted Tan, Board Advisor of the Flexxon Group)
The official signing ceremony took place today at GovWare 2025 (From L-R: Mr Lim Minhan, Executive Vice President and Head of Consulting at Ensign InfoSecurity, Mr Simon Cheong, Senior Vice President and Head of Sales for International Business & Commercial at Ensign InfoSecurity, Ms May Chng, Co-Founder and Chief Operating Officer of X-PHY Inc, Mr Ted Tan, Board Advisor of the Flexxon Group)

The agreement was formalised at GovWare 2025, Singapore’s flagship cybersecurity event that brings together leaders from the public and private sectors across Asia. Ms May Chng, Co-Founder and Chief Operating Officer of X-PHY Inc, and Mr Simon Cheong, Senior Vice President and Head of Sales for International Business & Commercial at Ensign InfoSecurity, signed the partnership agreement on behalf of their respective organisations, with Mr Ted Tan, Board Advisor of the Flexxon Group, and Mr Lim Minhan, Executive Vice President and Head of Consulting at Ensign InfoSecurity, in attendance as witnesses.

The partnership combines X-PHY’s patented AI-embedded hardware cybersecurity innovations – including the X-PHY Cybersecure Solid State Drive and Deepfake Detector – with Ensign’s deep capabilities in end-to-end cybersecurity services, creating a powerful synergy that delivers holistic protection across both hardware and software layers.  

This collaboration also opens opportunities for joint innovation to further enhance the combined portfolio of products, solutions and services offered by both organisations, bridging the gap between device-level protection and enterprise-wide defense against deepfakes, enabling organisations to achieve true end-to-end cyber resilience.

May Chng, Co-Founder & Chief Operating Officer, X-PHY Inc, said: “This partnership unites best-in-class innovation and expertise – combining X-PHY’s advanced hardware-embedded technologies with Ensign’s deep capabilities in technology development, integration and managed security. Together, we are raising the bar for proactive, autonomous and holistic security across the digital infrastructures within Singapore and beyond.”

Simon Cheong, Senior Vice President & Head of Sales for International Business & Commercial, Ensign InfoSecurity, said: “Cybersecurity today demands more than point solutions and requires tightly integrated capabilities that secure every layer, from devices to enterprise systems. This partnership brings together X-PHY’s hardware innovation with Ensign’s deep cybersecurity expertise to create a unified defence fabric that is both intelligent and resilient. By combining our strengths, we are not just enhancing protection but also shaping how next-generation cyber defence is built and delivered.”

Leveraging Ensign’s deep capabilities in end-to-end cybersecurity services and its established global network, the partnership will enhance the reach of these innovations beyond Singapore, supporting cybersecurity modernisation efforts across key regions and countries such as Asia-Pacific, Japan, India, and Europe – showcasing Singapore’s strength as a hub for cybersecurity innovation and export.

Advancing Singapore’s and the Region’s Digital Agendas

The collaboration supports Singapore’s strategic direction towards a multi-layered, coordinated cybersecurity approach – one grounded in the principles of defence-in-depth and Zero Trust readiness, as outlined in the country’s Cybersecurity Strategy 2021 and Government Zero Trust Architecture.

By combining X-PHY’s AI-embedded, hardware-based cybersecurity technologies with Ensign’s end-to-end cybersecurity expertise and integration capabilities, the partnership helps organisations strengthen continuous validation and verification across users, devices, and systems – extending protection to the hardware layer as part of a holistic, multi-layered defense model for critical sectors.

About X-PHY Inc

X-PHY Inc is a pioneering cybersecurity company dedicated to hardware-based cybersecurity solutions that protect data at its core. Built on the principle of Security by Design, X-PHY embeds AI-embedded protection directly at the physical layer to deliver proactive, autonomous, and real-time defense against evolving cyber threats.

Established in 2021, X-PHY has developed a growing portfolio of over 50 global patents, reinforcing its commitment to advancing zero-trust resilience through hardware-anchored security. Its patented technologies safeguard endpoints, servers, and data centers, providing a holistic foundation for secure digital infrastructure across industries.

For more information, please visit:
X-PHY: x-phy.com

About Ensign InfoSecurity

Ensign InfoSecurity is Asia Pacific’s largest pure-play, end-to-end cybersecurity service provider. Headquartered in Singapore, Ensign offers bespoke solutions and services to address their clients’ cybersecurity needs. Their core competencies are in the provision of cybersecurity advisory and assurance services, architecture design and systems integration services, and managed security services for advanced threat detection, threat hunting, and incident response. Underpinning these competencies is in-house research and development in cybersecurity. Ensign has two decades of proven track record as a trusted and relevant service provider, serving clients from the public and private sectors in the Asia Pacific region.

For more information, please visit www.ensigninfosecurity.com

 

Citibank is Ranked No. 1 Among Banks in Singapore for Total Experience in Report by Independent Research Firm

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Bank takes top spot in inaugural report combining 
brand and customer experience

SINGAPORE, Oct. 22, 2025 /PRNewswire/ — Citibank was ranked first out of six banks in the inaugural Singapore total customer experience score rankings, 2025 report by global research and advisory firm Forrester.

The Total Experience Score is a composite of Forrester’s Brand Experience (BX) Index and Customer Experience (CX) Index scores that measure the perceptions that both noncustomers and customers form based on their cumulative interactions with a brand.

Yeo Wenxian, Citibank Singapore Chief Executive Officer, said: “This ranking validates Citibank’s commitment to serving our clients holistically, and reflects our strong global brand among customers and non-customers. From the 100+ digital enhancements in 2024 to specially curated experiences, we are focused on client-centric innovation that delivers exceptional value, and building lasting, trusted relationships across generations.”

The latest Forrester recognition follows Citibank winning the Best Digital Experience at the Asian Experience Awards 2025 and Best Wealth Manager South Asia at the Digital CX Awards 2025. Citi Singapore was named Best International Bank award at the Euromoney Awards for Excellence 2025.

In the last 12 months from May 2024, Citibank has rolled out a slew of customer initiatives aimed at making bank more seamless, convenient and secure. These included enhancements in the transaction authorization journey slashing the time it takes for client  to authorize to seconds with a single mobile click in a secure and seamless manner. Clients also enjoy an improved eBrokerage experience allowing them to top up funds and open brokerage accounts within minutes using the Straight Through Operations process with predictive search, seamless design, and upfront error checks.

Gourab Kundu, Head of Digital Growth for Asia South Wealth, said: “We will continue to boost our client experience and build on our ranking. Since May 2025, we have already launched over 20 enhancements including Singpass onboarding, a gateway for Accredited Investors and curated dashboards for our client advisors to deepen client engagement. We are looking at further enhancing the app curated for Wealth customers and productivity tools for client advisors in the coming months.”

About Citi

Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in more than 180 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.

Additional information may be found at www.citigroup.com | X: @Citi | LinkedIn: www.linkedin.com/company/citi | YouTube: www.youtube.com/citi | Facebook: www.facebook.com/citi 

Note:

Forrester does not endorse any company, product, brand, or service included in its research publications and does not advise any person to select the products or services of any company or brand based on the ratings included in such publications. Information is based on the best available resources. Opinions reflect judgment at the time and are subject to change. For more information, read about Forrester’s objectivity here .

Bank Indonesia Successfully Hosts the Peak Event of IN2MOTIONFEST 2025, Showcasing 1,785 Modest Fashion Works Highlighting the Richness of Indonesian Wastra (Traditional Textiles)

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JAKARTA, Indonesia, Oct. 22, 2025 /PRNewswire/ — Teaming up with the Indonesian Fashion Chamber (IFC), Bank Indonesia successfully held the peak event of the Indonesia International Modest Fashion Festival (IN2MOTIONFEST) 2025 from October 8–12, 2025, at the JIEXPO Convention Centre & Theater, Jakarta, as part of the Indonesia Sharia Economic Festival (ISEF) 2025. ISEF is Indonesia’s largest annual sharia economic and financial event, serving as a platform that integrates various activities in the Islamic economic and financial (sharia economy) sector.

From batik to eco-print, from Jakarta to the world. IN2MOTIONFEST 2025 united 214 fashion designers and artisans under one shared vision: advancing Indonesia's modest fashion through synergy and collaboration.
From batik to eco-print, from Jakarta to the world. IN2MOTIONFEST 2025 united 214 fashion designers and artisans under one shared vision: advancing Indonesia’s modest fashion through synergy and collaboration.

IN2MOTIONFEST 2025, officially opened by the Governor of Bank Indonesia, Perry Warjiyo, carried the theme “One Vision, One Movement: Advancing Indonesia Modest Fashion Through Synergy & Collaboration”, emphasizing collective action, cross-sector collaboration, and synergy among industry players to enable Indonesia’s modest fashion to dominate the domestic market and compete globally.

This annual event serves as a driving platform for Indonesia’s modest fashion ecosystem by enhancing product capacity and quality, promoting brands, and expanding into global markets.

IN2MOTIONFEST remains committed to optimizing the use of Indonesia’s rich cultural diversity and wastra (traditional textiles) in sustainable modest fashion products. This approach aligns with the implementation of a green economy within the Indonesian modest fashion industry, positioning it as a strong player in the global market.

A wide variety of wastra from across Indonesia—including batik, songket, ikat weaving, ATBM (non-machine weaving), lurik, tapis, sasirangan, jumputan (tie-dye), embroidery, knits, and eco-print—were showcased in diverse modest fashion styles. These pieces were designed by members of IKRA (Indonesia Sharia Creative Industry), fashion brands, MSMEs (micro, small, and medium enterprises), and fashion school students, and were among the highlights of IN2MOTIONFEST 2025.

IN2MOTIONFEST 2025 featured an international-standard fashion show and trade exhibition, presenting 1,785 modest fashion collections from 214 designers and brands, both local and international, along with 100 wastra artisans participating in the Wastra Business Matching program. This year, IN2MOTIONFEST collaborated with 11 international designers from Thailand, Bangladesh, the Philippines, Malaysia, Turkey, Italy, Spain, Australia, and Dubai.

The IN2MOTIONFEST 2025 documentation can be accessed through the following link:

PHOTO
https://drive.google.com/drive/folders/1W4B0mPKsVps3RcNonmSbyRYSS1aiWSQi

VIDEO
https://drive.google.com/drive/folders/10260UX-IpuuyZkQ6kTZDOXgusm7nKIxm

Malaysia Approves Border Wall with Southern Thai Province to Curb Smuggling, Illegal Crossing

By
Thongsavanh Souvannasane
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Malaysia has approved a USD 350 million plan to build a 50-kilometer security wall along its border with Thailand. The project aims to curb smuggling, illegal crossings, and floods. This picture is used for representational purposed only.

The Malaysian government has approved a budget of MYR 1.5 billion (approximately USD 350 million) to construct a security wall along its border with Thailand’s Narathiwat Province, targeting illegal crossings, smuggling, and flood mitigation.

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Japan to Provide USD 4.5 Million to Accelerate UXO Clearance in Southern Laos

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Phontham Visapra
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UPDATED – Japan has pledged USD 4.5 million to support efforts to remove unexploded ordnance (UXO) in the southern provinces of Champasack, Salavanh, and Sekong, where contamination remains severe.

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PolarBlue strengthens advisory board with Nino Ficca, pioneering scaleable, zero-emission energy

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MELBOURNE, Australia, Oct. 22, 2025 /PRNewswire/ — PolarBlue is proud to announce that highly regarded Australian energy executive Nino Ficca has joined as a strategic energy advisor. With decades of experience and senior leadership roles across Australia’s grid and infrastructure sectors, Ficca brings deep insight into the opportunities PolarBlue’s inventions will directly address in the energy sector.

“The fundamental PolarBlue inventions have great potential to challenge the way industry has thought about energy, with a focus on low cost, modular, scalable energy delivery” he said of the platform’s ability to reduce complexity and distribution costs, and unlock stranded value across the grid. His decision to join the movement is significant as it signals the transition to zero-emission energy isn’t just possible—it’s commercially sustainable with clear benefits to energy consumers.

Built on proprietary inventions and a vertically integrated business model, PolarBlue’s production lines are engineered for continuous improvement and consumer-focus. The objective: clean, zero-emission energy that’s not only available—but economically superior.

About PolarBlue

PolarBlue is producing scalable, containerised modular energy routers in the 3 MW (megawatt-class) range, with more than 330 units planned for deployment in the ‘Cloud One’ project.

On 3 October in Melbourne, Australia, one of PolarBlue’s first customer-members received onsite energy delivery in the form of hydrogen, supplied at US$1/kg. The customer had previously paid several million dollars upfront to secure a 20% stake in the early-access ‘Cloud One’ ecosystem under a 10-year agreement. “Cloud Two” and “Cloud Three” capacity and availability details are to be released early in the new year, will also deliver methanol and other energy vectors, such as electricity. 

Critically, the levelized cost of energy (LCOE) for PolarBlue’s hydrogen—has already fallen below the cost of natural gas in the Australian market. This milestone has been achieved even at this early stage of deployment, in a sector that is estimated to represent a US $3 trillion global market.

Media enquiries: media@polarblue.com
www.polarblue.com 

Flyer King Becomes 4As Member: From Street Promotions to Professional Marketing Power

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HONG KONG SAR – Media OutReach Newswire – 22 October 2025 – Starting from street promotions in 2013, Flyer King has gradually evolved into a full-service marketing company under the leadership of founder Chloe Yeung. Recently, the company officially became an associate member of the Hong Kong Association of Advertising Agencies (4As), marking a new milestone for the brand as it enters a professional platform, further solidifying its position in the local promotional market.

Founder - Chloe Yeung

From Street-Level Practice to Comprehensive Planning
Flyer King initially focused on the “flyer distribution” model, directly entering streets, residential and commercial buildings to deliver messages to potential customers. This hands-on experience was not only recognized by businesses but also laid a solid foundation for the company, allowing the team to deeply understand front-line promotional rhythms and consumer behaviors.
As market demands evolved, Flyer King gradually expanded into areas such as event planning, exhibition design, cross-brand collaborations, and outdoor advertising, providing clients with more immersive and creative solutions. From traditional flyer distribution to one-stop promotional planning, the brand successfully established an image of being “flexible on the ground and results-oriented.”
Becoming a 4As Member: Opening New Opportunities for Professional and Cross-Border Growth
Since joining 4As on September 1, 2025, Flyer King has had the opportunity to engage with more industry partners, learn new insights, and explore new possibilities in digital advertising, social media, and cross-border promotions. The company aims to leverage this platform to enhance its professional standards and industry recognition, driving its development in digitalization and cross-border markets, while creating more value and exposure opportunities for clients.
This milestone symbolizes that Flyer King is not only strong in execution but also recognized by the industry. Moving forward, the company will actively participate in 4As seminars and training to absorb global market trends and creative insights, bringing local promotional strategies in line with global advertising standards.
A Team Built for Success
Flyer King’s team comes from backgrounds in design, advertising, public relations, and social media, allowing them to respond flexibly to challenges across various industries. Whether it’s mall promotions, exhibition events, or online conversions, the team always adheres to the principle of “practical results,” ensuring that every project is converted into tangible outcomes. The company also actively nurtures young creative talent, emphasizing both strategy and execution to ensure that promotional campaigns not only achieve exposure but also drive brand growth.+
The New Landscape of Marketing
With the changing market environment, there has been a growing demand for “online + offline” integrated solutions. Leveraging years of street-level experience, Flyer King combines content marketing and cross-border strategies to help brands establish a consistent and powerful market voice across different media.
After becoming a 4As member, the company’s involvement and influence in the professional field have significantly increased, symbolizing the brand’s transition from street-level practice to a more international perspective. Flyer King will continue to embrace the philosophy of “blending tradition with innovation,” maintaining its hands-on spirit, and using professional strategies to elevate brands, injecting more creativity and vitality into Hong Kong’s promotional industry.

Hashtag: #Flyerking #Business #Marketing #Advertising #4As

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

About Flyer King

Flyer King Limited, founded in 2013 and led by Chloe Yeung, focuses on market strategies and promotional solutions to help businesses accurately position their brands and enhance their competitiveness. The company has served over 1,000 businesses across 21 industries, including real estate, retail, F&B, healthcare, technology, and finance. The team excels at combining traditional promotional methods with digital innovation, offering one-stop solutions such as event planning, outdoor promotion, mobile advertising vehicles, cross-border promotions, and customized plans, dedicated to providing the most effective marketing services.

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