Home Blog Page 2572

VCIG Secures Government and Enterprise Engagements Following ASEAN AI Summit Showcase of Full-Stack Sovereign AI and Cybersecurity Technologies

VCI Global Advances Regional Expansion with Signed Deals and National-Level AI Initiatives Following ASEAN AI Summit


KUALA LUMPUR, MALAYSIA Media OutReach Newswire – 29 August 2025 – VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), a cross-sector platform builder integrating deep technology with financial architecture to enable sovereign-ready digital ecosystems, today announced it has secured multiple enterprise commitments and government-level proof-of-concept (POC) projects following its participation in the ASEAN AI Summit 2025.

At the summit, VCI Global showcased its full stack of sovereign-grade encryption and AI infrastructure technologies, offering an end-to-end suite of solutions that cover every layer of digital sovereignty and cybersecurity:

  • QTrustCard – PCIe encryption cards securing AI GPU and CPU hardware
  • Secure AI GPU & CPU Servers – fortified with quantum-hardened protection
  • V Gallant CyberSecure Vault – featuring a military-grade encryption chip with EAL4+ certification, providing ransomware-proof data storage for enterprises and governments
  • National AI Data Center Architecture – designed for sovereign AI model training
  • QuantGold Data Exchange Platform – enabling encrypted AI data monetization
  • Qsecore SIM Encryption – ensuring fully secure mobile communications and file transfers
  • Encrypted CCTV Intelligence Systems – for smart city and critical infrastructure monitoring

The showcase drew engagement from ASEAN country delegations, government agencies, and enterprise leaders, resulting in:

  • Multiple signed enterprise agreements for CyberSecure Vault and related solutions
  • POC projects launched for the QuantGold Data Exchange Platform in multiple ASEAN states
  • Ongoing discussions with national AI and data sovereignty task forces in the region

These developments mark a significant milestone in VCI Global’s regional expansion strategy. With active deployments and POCs now underway, the Company is well-positioned to accelerate adoption of its cybersecurity and AI infrastructure solutions across ASEAN.

According to Grandview Research, the global post-quantum and quantum-security market – encompassing quantum-resistant encryption, quantum key distribution, and related technologies – is projected to reach approximately US$4.62 billion by 2030, representing a compound annual growth rate (CAGR) of 38.3%. Within the Asia-Pacific region, the broader cybersecurity market is forecast to reach US$146 billion by 2030, growing at a CAGR of 15.9% between 2025 and 2030, according to Grand View Research. Supporting this, Mordor Intelligence projects the Asia-Pacific cybersecurity market to be valued at approximately USD 141 billion by 2030, expanding at a CAGR of 13.7% over the same period.

By aligning its sovereign-grade encryption and privacy-first AI technologies with these high-growth trajectories in both global and regional markets, VCI Global is strategically positioned to capture significant opportunities across ASEAN’s evolving digital sovereignty and cybersecurity landscape.

“The ASEAN AI Summit provided the perfect platform to demonstrate our ability to deliver end-to-end digital sovereignty, from the military-grade chip to the national data center. The strong uptake we have seen from both enterprise and government clients confirms the urgent need for these solutions in Southeast Asia and positions us as a trusted technology partner for the region’s sovereign AI future,” said Dato’ Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global.

Hashtag: #VCIG

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

About VCI Global Limited

VCI Global is a cross-sector platform builder integrating deep technology with financial architecture to enable sovereign-ready digital ecosystems. Evolving from its roots in capital markets consultancy, the company now operates across fintech, AI, robotics, and cybersecurity.

Its mission is to empower governments, enterprises, and institutions, particularly in Southeast Asia, to scale securely, intelligently, and independently. At the core of its latest innovations is a sovereign AI data platform fortified by proprietary military-grade encryption, built to meet the highest standards of digital sovereignty, national security, and enterprise resilience.

Asia’s Cultural Extravaganza, LOCAL POWER 2025 Hong Kong Fashion in Seoul Opening on 27 September in Seoul’s trendiest design hub Seongsu-dong


3 Cross-regional fashion events kicking off at CENTRESTAGE in Hong Kong followed by a fashion show and exhibition in Seoul

Bringing together 35 units of renowned and emerging designers from Guangdong-Hong Kong-Macao Greater Bay Area and Korea to present over 100 creations

Breaking cultural boundaries with Cantopop, K-pop and films from Hong Kong and Korea to open a new frontier in cultural exchange

HONG KONG SAR – Media OutReach Newswire – 29 August 2025 – LOCAL POWER 2025 Hong Kong Fashion in Seoul, organised by the Asian New Generation Creativity Design Association and sponsored by the Cultural and Creative Industries Development Agency (CCIDA), is one of the contribution programmes of “Hong Kong Week 2025@Seoul”. The project will reach its climax with the fashion show and exhibition to be held at Seongsu-dong, Seoul’s trendiest design hub, from 27 September to 11 October 2025. It aims to showcase the unique appeal of Hong Kong fashion design on the international stage while fostering cultural exchange between Hong Kong and Korea. The show will feature 30 units of emerging designers and brands from Hong Kong and other cities of the Guangdong-Hong Kong-Macao Greater Bay Area (Greater Bay Area) along with 5 units of top Korean designers presenting over 100 unique designs. A selection of works will be previewed at Hong Kong’s CENTRESTAGE from 3 to 6 September. The launch event will also take place on 5 September in CENTRESTAGE. The opening ceremony and fashion show, which will take place in Seoul’s Seongsu-dong on 27 September, will feature AI technology alongside Cantopop and K-pop performances while showcasing 70 outfits to industry professionals from Hong Kong and Korea. This will be followed by a two-week fashion exhibition at the same venue from 28 September to 11 October, which will be open to the public for free. These events promise to deliver a stunning audiovisual extravaganza that will captivate audiences from both regions.

LOCAL POWER 2025 Hong Kong Fashion in Seoul
LOCAL POWER 2025 Hong Kong Fashion in Seoul

With the overarching theme “Local Power”, the project reimagines the intersection of Hong Kong and Korea’s unique cultural heritage and contemporary fashion, showcasing how designers can translate local cultural identities into a global context. The star-studded lineup includes 35 units of designers from four projects sponsored by CCIDA, namely the popular Hong Kong show Amazing Cut 1, the Fashion Summit (Hong Kong) 2024, the Young Knitwear Designers’ Contest 2024, the NEXT@Fashion InStyle 2025, and the emerging and renowned Korean designers.

This groundbreaking cross-regional collaboration not only serves as a creative exchange for elite designers from both the Greater Bay Area and Korea but also highlights Hong Kong’s status as an international fashion capital. It aims to enhance the influence of Hong Kong’s local brands in the international fashion market, opening up new opportunities for both Hong Kong’s and Korean fashion industry and creating a brilliant new chapter in Hong Kong-Korea cultural and creativity cooperation.

3 major Hong KongKorea cultural exchange events showcasing a new generation of design talent through pop music, classic Hong Kong films and unique locales

LOCAL POWER 2025 Hong Kong Fashion in Seoul (LOCAL POWER 2025) will present over 100 meticulously crafted creations by designers from Hong Kong and other cities of the Greater Bay Area and Korea. The first stop of the event will be at CENTRESTAGE in Hong Kong from 3 to 6 September 2025, showcasing select pieces for a preview. Following this, the opening ceremony and fashion show will be held in Seoul on 27 September, featuring a fashion stage created with AI technology and performances by famous artists from Hong Kong and Korea, blending fashion and music in a grand extravaganza. From 28 September to 11 October, a two-week fashion exhibition will take place in the same place, with themes inspired by classic Hong Kong films, urban architecture, bustling street scenes and pop music, offering a spectacular audiovisual feast for the local audience.

35 units of renowned and emerging designers from the Greater Bay Area and Korea present 100+ fashion masterpieces representing both cultural heritage and artistic value

LOCAL POWER 2025 Hong Kong Fashion in Seoul brings together 35 units of renowned and emerging designers from Hong Kong and other cities of the Greater Bay Area and Korea. Together, they will present over 100 designs that represent the creativity of a new generation on the international stage. The themes of the works span iconic pop music and film culture from both regions, the unique lifestyle, the vibrant street scenes and innovative knitwear design. Through a contemporary fashion vocabulary, the event reinterprets the rich cultural heritage of Hong Kong and Korea, presenting a visual feast that blends tradition and innovation.

LOCAL POWER 2025 Hong Kong Fashion in Seoul’s Participating Designers
Participating designers from Korea

Background: 5 units of Korea’s leading fashion designers have joined forces to create a collection of masterpieces inspired by Korean pop culture and music. The designs perfectly embody the spirit of “LOCAL POWER”. These designs will introduce a fresh perspective on K-fashion to audiences in Hong Kong and Korea, showcasing the distinctive allure of the cultural fusion between these two regions.

Participating Designers (in no particular order): Choi Kyoung Ho & Song Hyun Heui, YeRan Ji, Ku Wonjung, Kim So Yoen, Yang Dohyun

Participating designers from NEXT@Fashion InStyle 2025*

Background: NEXT@Fashion InStyle 2025 brings together suppliers and industry partners in textiles, fashion technology, sustainable solutions and clothing and accessories for different seasons, providing a one-stop procurement platform for the fashion industry’s supply chain.

Participating Designers (in no particular order): Johnson Chong, Kinyan Lam, Arto Wong, Jason Ying, Toki Wong

Participating designers from The Young Knitwear Designers’ Contest 2024*

Background: The Young Knitwear Designers’ Contest 2024 is a competition that aims at promoting creative knitwear design, attracting young designers to join the knitwear industry and fostering the development of the knitwear industry in the Greater Bay Area.

Participating Designers (in no particular order): Tong Yali, Yip Yeung Yeung, Wong Hei, Chui Chee Chun, Ciao Xinan, Li Yiu Kin, Ng Ting Kai, Yau Ka Wai

Participating designers from Fashion Summit (Hong Kong) 2024*

Background: Fashion Summit (Hong Kong) 2024 brings together fashion industry leaders, academics, representatives from the non-governmental sector, media and leaders from all walks of life to discuss the latest trends, innovative technologies and solutions for sustainable fashion.

Participating Designers (in no particular order): Jesse Lee, Ferrando Chan, Wai Yee Cheung, Jasmine Leung, Tiger Chung, Vickie Au, Kelvin Wan & Joyce Wong, Karen Chan, Jeremy Wong & Hana Tam

Participating designers from Amazing Cut 1*

Background: Amazing Cut 1 is a fashion design competition reality TV show in Hong Kong that aims to showcase the talents of Hong Kong fashion designers and set a model for the local fashion design industry. Contestants have to complete various design challenges that include themes such as environmental protection, Chinese style, gender-neutral and evening wear, and design outfits for collaborating performing artists and showcase their work on the catwalk.

Participating Designers (in no particular order): Kev Yiu, Kyle Luo, Jackson Wong, Timbee Lo, Doris Kath Chan, Otto Tang, Mandy Fong, Moon Li

*Sponsored by the Cultural and Creative Industries Development Agency

For more details about LOCAL POWER 2025 Hong Kong Fashion in Seoul, please visit https://www.localpowerhk.com/.
Hashtag: #LOCALPOWER2025 #AsianNewGenerationCreativityDesignAssociation #HongKongWeek2025@Seoul

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

About LOCAL POWER 2025 Hong Kong Fashion in Seoul

LOCAL POWER 2025 Hong Kong Fashion in Seoul, organised by the Asian New Generation Creativity Design Association and sponsored by the Cultural and Creative Industries Development Agency (CCIDA), is one of the contribution programmes of “Hong Kong Week 2025@Seoul”. The event will reach its climax with the fashion show and exhibition to be held at Seongsu-dong, Seoul’s trendy creative landmark, from 27 September to 11 October 2025. It aims to showcase the unique appeal of Hong Kong fashion design on the international stage while fostering cultural exchange between Hong Kong and Korea.

This groundbreaking cross-regional collaboration not only serves as a creative exchange for elite designers from both regions but also highlights Hong Kong’s status as an international fashion capital. It aims to enhance the influence of Hong Kong’s local brands in the international fashion market, opening up new opportunities for the Hong Kong’s and Korean fashion industry and creating a brilliant new chapter in Hong Kong-Korea cultural and creativity cooperation.

About “Hong Kong Week 2025@Seoul”

The fashion show cum exhibition in Seoul is one of the contribution programmes of “Hong Kong Week 2025@Seoul”. Hong Kong Week is an annual arts festival organised by the Leisure and Cultural Services Department of the Government of the Hong Kong Special Administrative Region, celebrating Hong Kong’s creative excellence worldwide and fostering cultural exchange and artistic collaboration. In 2025, the festival arrives in Seoul, offering a vibrant showcase of Hong Kong’s dynamic arts scene. Kicking off on 26 September, the festival features 14 programmes covering 65 performances and activities encompassing dance, music, movies, Chinese paintings, comics and fashion design, which will display Hong Kong’s East-meets-West creativity. For programme details and ticketing information, please visit .

About Asian New Generation Creativity Design Association

The creative sector has always played a vital role in Hong Kong, showcasing the city’s highly competitive local talent. However, the importance of integrating brand marketing is often overlooked in favour of design. Recognising this issue, Mr. Dorian Ho, the chairman of the Asian New Generation Creativity Design Association, took the initiative to form this association and make a meaningful impact. The goal is to establish a central platform that supports creative individuals across diverse fields. Leveraging Dorian’s extensive marketing experience and expertise, the association aims to elevate the industry’s overall quality and foster growth in Hong Kong’s creative landscape. The Asian New Generation Creativity Design Association is dedicated to bridging the generational gap, facilitating communication, and connecting the past with the future.

Antaisolar Releases 2024 ESG Report and Launches EcoRaise Global Ecological Co-construction Initiative

XIAMEN, China, Aug. 29, 2025 /PRNewswire/ — Amid global sustainable development momentum, Antaisolar, a renewable energy leader, officially held its “RAISE•2025” event, releasing its latest ESG report and unveiling the EcoRaise Global Ecological Co-construction Initiative. These efforts underscore Antaisolar’s dedication to integrating environmental, social, and governance principles into its core strategy and operations.

During the event, Antaisolar CEO Ms. Jasmine Huang emphasized that: “ESG is not a choice but a must for future-facing enterprises — it’s our responsibility and the cornerstone of long-term, healthy growth.” She unveiled the 2024 ESG Report, the report details Antai’s achievements in reducing carbon emissions, promoting technological innovation, and strengthening sustainable management practices.

The credibility of Antaisolar’s ESG data was validated through an independent verification by TÜV SÜD, enhancing transparency and trust in the reported results, TÜV SÜD’s representative Mr. Andy He co-launched the assurance ceremony.

Further reinforcing its commitment, Antaisolar introduced EcoRaise Global Ecological Co-construction Initiative, backed by a special fund of RMB 50 million. As its first step, the company partnered with Shenzhen Mangrove Wetlands Conservation Foundation (MCF) to donate funds for protecting 2,000m² of mangroves in Quanzhou, Fujian. MCF representatives attended the donation ceremony and presented a certificate, marking EcoRaise’s solid start and Antaisolar’s commitment to ecological conservation.

In the future, Antaisolar will continue to champion green energy innovation and global sustainability, driving forward its mission to “Raise a Green World.”

For more information, please visit Antaisolar website: www.antaisolar.com

Debtox Collaborates with The Silver Lining to Champion Ethical and Holistic Debt Resolution


SINGAPORE – Media OutReach Newswire – 29 August 2025 – In a significant step toward reshaping how debt challenges are understood and addressed in Singapore, Debtox is proud to announce a formal collaboration with The Silver Lining, a non-profit organisation focused on helping individuals break free from destructive spending patterns and gambling addiction. This partnership represents a shared commitment to ethical, comprehensive, and sustainable debt resolution.

Debtox is a Singapore-based organisation that has long been dedicated to helping individuals navigate complex debt situations through transparent advice, ethical practices, and personalised debt management consultation services. The Silver Lining complements this mission by offering support programs that address underlying behavioural challenges such as compulsive spending and gambling, root causes often overlooked in conventional debt management approaches.

Through this exclusive partnership, clients referred by The Silver Lining will receive integrated support that encompasses both emotional recovery and practical financial restructuring. This includes participation in recovery programs, detailed debt assessments from Debtox, and assistance with formal debt management solutions such as the Debt Repayment Scheme (DRS) or bankruptcy applications, where appropriate. Where suitable, clients may also be guided through a personalised debt repayment plan in Singapore that aligns with their long-term recovery goals.

What sets this collaboration apart is its holistic model, a joint effort that views financial recovery as more than a numbers game. By considering both financial data and behavioural health, Debtox and The Silver Lining are empowering individuals to rebuild their lives, not just balance their books. This model ensures that the help provided addresses not only the immediate financial situation, but also the deeper personal challenges that may have contributed to it. This includes guiding clients through options like debt restructuring services and consolidated debt management to better match their unique life circumstances.

This collaboration aligns closely with the Ministry of Law’s recent efforts to strengthen the integrity of the Debt Repayment Scheme and prevent exploitation by unethical debt consultancy practices. Both Debtox and The Silver Lining welcome these measures as a positive step toward building trust and safeguarding the intent of the DRS. This partnership is designed not only to work within the bounds of the Ministry of Law’s framework, but to enhance it, ensuring that each case is evaluated with empathy, care, and the understanding that financial hardship is often part of a broader personal struggle.

At the heart of this collaboration is a shared belief: ethical debt resolution is about people, not just payments. Debtox and The Silver Lining are committed to breaking cycles, not only of debt but also of shame, relapse, and isolation. By combining expert financial guidance with compassionate recovery support, they hope to set a new benchmark for responsible debt assistance in Singapore.

For more information, please visit https://debtox.sg/.
Hashtag: #Debtox #TheSilverLining

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

About Debtox

Debtox is a dedicated partner for individuals seeking debt freedom. Since its inception, it has helped clients achieve financial stability by providing customised, proven solutions for managing debt. Alongside debt management strategies, Debtox equips clients with essential knowledge on handling creditors, understanding legal implications, and taking control of their finances. With a client-focused approach, Debtox guides individuals every step of the way toward achieving lasting financial freedom.

About The Silver Lining

The Silver Lining Community Services Ltd (TSL) is a non-profit organisation established under Kingdom Life Community Church that provides specialised services in problem-gambling education, debt management counseling, and crisis intervention to support affected individuals and their families.

Alibaba International launches new AI agents to boost efficiency for global merchants

SINGAPORE, Aug. 29, 2025 /PRNewswire/ — Alibaba International today has launched its AI solution to enhance global e-commerce operations – Alibaba International Marco (hereafter referred to as “Marco”).

Developed by Alibaba International’s AI Business team in 2024 with the goal of empowering SMBs in cross-border trade, Marco provides comprehensive assistance to e-commerce merchants across Alibaba’s ecosystem, handling over 60 specific tasks across marketing, marketplace compliance, and customer service. The solution operates in more than 40+ languages, offering capabilities such as listing translation, content generation, and image creation capabilities at a lower operational cost than major peers while maintaining high performance.

Unprecedented Adoption

Demand for Alibaba International’s AI services has surged dramatically, primarily powered by Marco. Daily API invocations with its AI system by Chinese merchants in Alibaba International have exceeded 1 billion as of July 2025 – a thousand-fold increase from approximately 1 million in 2023. All of Alibaba International’s e-commerce marketplaces have adopted the AI solution, with the same capabilities now available to merchants worldwide engaged in cross-border trade.

Key features driving adoption include:

  • Creative Image Generation: Generates multiple, diverse visual variations from a single source image.
  • AI-Generated Listings: Creates product listings directly from images.
  • Marketing Content Creation: Generates promotional text.

A significant upgrade to Marco’s translation capabilities in late 2024 resulted in a 30% increase in user satisfaction for major European language areas. Marco now generates nearly 40% of all search-optimized product descriptions across Alibaba International’s platforms, a figure expected to exceed 50% in the near future.

Expanding Ecosystem and New AI Tools

Alibaba International has extended access to Marco’s technology to e-commerce platforms in China that operate outside of the Alibaba ecosystem. API invocations from these partners via Marco have increased 23-fold.

The company has also introduced three specialized AI Agents designed for complex operational tasks faced by merchants in cross-border e-commerce:

  • Intelligent Refund Agent: Recommends optimal refund solutions by analyzing the market insights generated from both consumers and merchants, reducing costs by 15%.
  • HS Code Agent: Automates customs classification, increasing accuracy by 23%.
  • Merchant Recruitment Agent: Identifies and pre-qualifies potential sellers, nearly doubling the success rate for email lead conversion.

“The past year marks a significant shift in how we deploy AI to empower cross-border e-commerce, reflecting broader industry needs and trends,” said Kaifu Zhang, Vice President of Alibaba International and Head of its AI Business team. “Our approach combines deep, scenario-specific data with continuous learning loops, leading to increasingly powerful problem-solving capabilities. We’re evolving beyond standalone generative models toward dedicated AI agents that can tackle a wider range of complex business challenges efficiently for merchants engaged in cross-border trade worldwide.”

Some AI solutions are currently available for partners on Aidge, Alibaba International’s open AI platform.

About Alibaba International Digital Commerce Group
Alibaba International Digital Commerce Group is dedicated to supporting the development of global digital trade with AI-powered technology. It operates various platforms with distinctive business models, covering multiple countries and regions around the world.

Asia Pacific Enterprise Awards (APEA) 2025 Thailand Spotlights the Powerhouses Driving the New Economy

BANGKOK, Aug. 29, 2025 /PRNewswire/ — The Asia Pacific Enterprise Awards (APEA) Thailand 2025 shone the spotlight on the nation’s boldest leaders and trailblazing enterprises, celebrated for embracing disruption and driving sustainable growth in the new economy. Organized by Enterprise Asia, the region’s foremost NGO for entrepreneurship, the prestigious awards ceremony unfolded on 22 August 2025 at The Athenee Hotel, a Luxury Collection Hotel, Bangkok.

Asia Pacific Enterprise Awards (APEA) 2025 Thailand Spotlights the Powerhouses Driving the New Economy
Asia Pacific Enterprise Awards (APEA) 2025 Thailand Spotlights the Powerhouses Driving the New Economy

The awards ceremony was graced by the presence of Mr. Pongpol Yodmuangcharoen, Secretary to the Minister of Industry of Thailand, who attended on behalf of the Minister of Industry, and Mrs. Suparporn Sookmark, Deputy Director-General of the Department of International Trade Promotion, Ministry of Commerce of Thailand, underscoring the government’s support in championing entrepreneurship and innovation as key drivers of the nation’s new economy.

Embracing the theme ‘Showcasing Future-Ready Enterprises’, the APEA 2025 Thailand honored exceptional Thai businesses and leaders who exemplify resilience, innovation, and strategic foresight, successfully future-proofing their organizations in the face of rapid technological and economic transformation.

A distinguished panel of judges meticulously assessed over 100 nominees, evaluating each entrepreneur and organization for their overall operational excellence, leadership, and business performance. Through this rigorous evaluation process, the most outstanding recipients were selected across four categories: Master Entrepreneur, Inspirational Brand, Fast Enterprise, and Corporate Excellence.

Since 2007, the Awards has been organized all over the region with past recipients comprising Thailand’s Supaluck Umpujh of The Mall Group, China’s Xu RongMao of Shimao Group, Hong Kong’s Francis Lui of Galaxy Entertainment Group, TTC Vietnam’s Dang Van Thanh, Indonesia’s Hary Tanoesoedibjo of MNC Group, India’s Adi Godrej of Godrej Group, the Philippines’ Manuel Villar of Vista Land, and Cuckoo Malaysia’s Hoe Kian Choon.

“In an era of constant disruption, the enterprises that will thrive are those that challenge conventions, embrace transformative technologies, and create value beyond profits. These organizations recognize the interconnectedness of economies, societies, and the environment, and take bold steps to shape a sustainable and inclusive future.” stated Dr. Fong Chan Onn, Chairman of Enterprise Asia, in his inspiring welcome address.

Tan Passakornnatee, CEO of Ichitan Group Public Company Limited, received the prestigious Entrepreneur of the Year Award for his exceptional leadership in transforming the Thai beverage industry through innovation, sustainability initiatives, and an unwavering commitment to social responsibility. Under his guidance, the group has not only strengthened its market position but also championed green manufacturing practices and community empowerment programs, setting a benchmark for purpose-driven enterprises in Thailand.

Award winners under the Master Entrepreneur category included Dr. Darin Phanthusak, Vice President of Tiffany’s Show Pattaya Co., Ltd.; Kongkrapan Intarajang, Chief Executive Officer of PTT Public Company Limited; and Sara Lamsam, Chief Executive Officer of Muang Thai Life Assurance Public Company Limited, who have each demonstrated exceptional leadership, resilience, and vision in steering their organizations to new heights.

Pet Protect Food Co., Ltd. and Thai Herbal Hong Thai Co., Ltd. were honored as recipients of the Inspirational Brand Award. Recognized under the Fast Enterprise category are NTF Intergroup (Thailand) Public Company Limited and Salus Bioceutical (Thailand) Co., Ltd., while leading companies awarded in the Corporate Excellence category included Bank for Agriculture and Agricultural Cooperatives (BAAC), Krungthai Bank PCL, Mitsubishi Elevator (Thailand) Co., Ltd., and Thai Smile Bus Co., Ltd.

The APEA 2025 Thailand Chapter is supported by the Indonesia-Thai Chamber of Commerce (INTCC) and Singapore-Thai Chamber of Commerce (STCC), with PR Newswire as the Official News Release Distribution Partner, and Dailywire.asia and SME Magazine as the Media Partners.

AWARD RECIPIENT LIST OF THE ASIA PACIFIC ENTERPRISE AWARDS 2025 THAILAND 

ENTREPRENEUR OF THE YEAR CATEGORY

NAME

COMPANY

INDUSTRY

TAN PASSAKORNNATEE

 

CEO

ICHITAN GROUP PUBLIC COMPANY LIMITED

FOOD & BEVERAGE

 

MASTER ENTREPRENEUR CATEGORY

NAME

COMPANY

INDUSTRY

SANSERN KIATTIVEJSOONTHORN

 

CEO

COSDENT CO., LTD.

HEALTHCARE, PHARMACEUTICAL & BIOTECHNOLOGY

DR. NALIKATIBHAG SANGSNIT

 

PRESIDENT

DHANARAK ASSET DEVELOPMENT COMPANY LIMITED

REAL ESTATE

KREINGKRAI KANJANAPOKIN

 

FOUNDER & GROUP CEO

INDEX CREATIVE VILLAGE PLC.

PROFESSIONAL & BUSINESS SERVICES

SARAWUT RACHANAKUL

 

CEO

J.B.P. INTERNATIONAL PAINT CO., LTD.

MANUFACTURING

SARA LAMSAM

 

CHIEF EXECUTIVE OFFICER

MUANG THAI LIFE ASSURANCE PUBLIC COMPANY LIMITED

FINANCIAL SERVICES

KONGKRAPAN INTARAJANG

 

CEO

PTT PUBLIC COMPANY LIMITED

OIL & GAS

DR. DARIN PHANTHUSAK

 

VICE PRESIDENT

TIFFANY’S SHOW PATTAYA CO., LTD.

ENTERTAINMENT

 

FAST ENTERPRISE CATEGORY

COMPANY

INDUSTRY

NTF INTERGROUP (THAILAND) PUBLIC COMPANY LIMITED

AGRICULTURE

PERFECT GROUP

PROFESSIONAL & BUSINESS SERVICES

SALUS BIOCEUTICAL (THAILAND) CO., LTD.

HEALTHCARE, PHARMACEUTICAL & BIOTECHNOLOGY

SMILEFOKUS (THAILAND) CO., LTD.

PROFESSIONAL & BUSINESS SERVICES

V-ING INTERTRADE CO.,LTD.

RETAIL

 

INSPIRATIONAL BRAND CATEGORY

COMPANY

INDUSTRY

ASIA PACIFIC COSMETICS CORPORATION LTD.

PERSONAL CARE

ATTITUDE MOM CO., LTD.

HEALTHCARE, PHARMACEUTICAL & BIOTECHNOLOGY

AUSTAM GOODS CORP., LTD.

CONSUMER GOODS

INDEX CREATIVE VILLAGE PLC.

PROFESSIONAL & BUSINESS SERVICES

J.B.P. INTERNATIONAL PAINT CO., LTD.

MANUFACTURING

KRUNGTHAI BANK PCL

FINANCIAL SERVICES

MITSUBISHI ELEVATOR (THAILAND) CO., LTD.

MANUFACTURING

MIZUHADA GROUP CO., LTD.

PERSONAL CARE

PET PROTECT FOOD CO., LTD.

CONSUMER GOODS

PLAYMORE BRAND (EVERMORE CO., LTD.)

FOOD & BEVERAGE

PRACTIKA CO., LTD.

FURNITURE

PTT PUBLIC COMPANY LIMITED

OIL & GAS

THAI HERBAL HONG THAI CO., LTD.

CONSUMER GOODS

THANACHART INSURANCE PUBLIC COMPANY LIMITED

FINANCIAL SERVICES

THE 1, CENTRAL GROUP

PROFESSIONAL & BUSINESS SERVICES

TIFFANY’S SHOW PATTAYA CO., LTD.

ENTERTAINMENT

 

CORPORATE EXCELLENCE CATEGORY

COMPANY

INDUSTRY

BANK FOR AGRICULTURE AND AGRICULTURAL COOPERATIVES (BAAC)

FINANCIAL SERVICES

DHANARAK ASSET DEVELOPMENT COMPANY LIMITED

REAL ESTATE

ICHITAN GROUP PUBLIC COMPANY LIMITED

FOOD & BEVERAGE

KRUNGTHAI BANK PCL

FINANCIAL SERVICES

MITSUBISHI ELEVATOR (THAILAND) CO., LTD.

MANUFACTURING

MP GROUP (THAILAND) CO., LTD.

HEALTHCARE, PHARMACEUTICAL & BIOTECHNOLOGY

MTS GOLD CO.,LTD.

TRADING & WHOLESALING

MUANG THAI LIFE ASSURANCE PUBLIC COMPANY LIMITED

FINANCIAL SERVICES

PTT PUBLIC COMPANY LIMITED

OIL & GAS

THAI SMILE BUS CO., LTD.

TRANSPORTATION & LOGISTICS

THANACHART INSURANCE PUBLIC COMPANY LIMITED

FINANCIAL SERVICES

 

About Enterprise Asia

Enterprise Asia is a non-governmental organization in pursuit of creating an Asia that is rich in entrepreneurship as an engine towards sustainable and progressive economic and social development within a world of economic equality. Its two pillars of existence are an investment in people and responsible entrepreneurship. Enterprise Asia works with governments, NGOs, and other organizations to promote competitiveness and entrepreneurial development, uplift the economic status of people across Asia, and ensure a legacy of hope, innovation, and courage for future generations. Please visit www.enterpriseasia.org for more information.

About Asia Pacific Enterprise Awards

Launched in 2007, the Asia Pacific Enterprise Awards is the region’s most prestigious award for outstanding entrepreneurship, continuous innovation, and sustainable leadership. The Award provides a platform for companies and governments to recognize entrepreneurial excellence, hence spurring greater innovation, fair business practices, and growth in entrepreneurship. As a regional award, it groups together leading entrepreneurs as a powerful voice for entrepreneurship and serves as a by-invitation-only networking powerhouse. The program has grown to encompass 16 countries/ regions and markets all over Asia. For further information, please visit www.apea.asia.

iQIYI Unlocks New Growth Beyond the Screen, Turning Hit Shows into Theme Parks and Consumer IP Products

BEIJING, Aug. 29, 2025 /PRNewswire/ — iQIYI, China’s leading online entertainment platform, highlighted recent growth in its Experience Business during its Q2 2025 earnings last week. This growth illustrates the success of iQIYI’s strategy to expand beyond the screen, transforming its hit original shows and characters into offline attractions and consumer IP products. 

The company taps into a wide array of authorized IPs from dozens of in-house content studios, and from partners, using show elements such as characters and storylines to create collectible trading cards, extensive merchandise collaborations, immersive theaters, and innovative theme parks such as “iQIYI Land”. Technologies such as proprietary DRM and AI are used to protect content and create more engaging experience for fans. 

iQIYI’s strategy leverages China’s fast-growing IP derivatives market, which is projected to reach RMB202.5 billion (US$28.5 billion) this year, up from RMB99.4 billion (US$14.0 billion) in 2020, according to publicly available industry data. This growth is driven by strong consumer demand for products and experiences that immerse them in the world of their favorite on-screen character and stories. As a leading content creator and IP holder, iQIYI is well positioned to meet and capture this demand. 

Expanding Fan Favorites into Consumer Products 

iQIYI now manages the entire product lifecycle in-house, from planning to sales. Its self-operated collectible trading cards have been a major hit, generating over RMB100 million (US$14.1 million) in gross merchandise value (GMV) in the first half of 2025, featuring popular shows like “Love in Pavilion” and “Feud”. The company is now expanding into more product categories and developing its own sales channels.

Beyond cards, merchandise for hit shows like “Mysterious Lotus Casebook”—including lifestyle products from phone cases to model toys—has also performed well. Until now, collaborations have driven a total GMV exceeding RMB200 million (US$28.1 million), comprising both direct merchandise sales and co-branded products. Going forward, iQIYI will expand products tied to film, Japanese animation, and kids’ content.

Bringing Stories to Life with Offline Experiences 

Offline attractions are another key component of iQIYI’s strategy. The company currently runs over 50 immersive theaters in about 30 cities across China. It is also developing “iQIYI Land” theme parks, with locations in Yangzhou and Kaifeng under construction and more sites to be announced later this year. These parks will feature IP-based attractions, interactive experiences, and merchandise, creating a physical destination for fans.

By bridging the gap between on-screen content and real-world products and experiences, iQIYI aims to create new revenue streams and build deeper, engaging long-term connections with its audience.

Contact:
iQIYI Press, press@qiyi.com 

First-Ever in WtE Sector: SUS ENVIRONMENT and Standard Chartered Bank Complete USD 175 Million Sustainability-Linked Loan

SHANGHAI, Aug. 29, 2025 /PRNewswire/ — On August 28, SUS ENVIRONMENT announced the signing of China’s first sustainability-linked syndicated loan in the waste-to-energy industry, with Standard Chartered Bank acting as the sole Mandate Lead Arranger and Bookrunner, Sustainability-linked Loan Coordinator, Facility Agent and Security Agent and Account Bank. The transaction attracting participation from 8 banks across Mainland China, Hong Kong, the Middle East and other regions, achieving oversubscription and ultimately completing the initial fundraising of US$175 million.

SUS ENVIRONMENT signed China's first sustainability-linked syndicated loan in the waste-to-energy industry, with the support of Standard Chartered Bank
SUS ENVIRONMENT signed China’s first sustainability-linked syndicated loan in the waste-to-energy industry, with the support of Standard Chartered Bank

This syndicated loan represents the first sustainability-linked loan in China’s waste-to-energy (WtE) industry. It specifically establishes Key Performance Indicators (KPIs) and Sustainability Performance Targets (SPTs) aligned with SUS ENVIRONMENT’s core sustainability strategy, linking the interest rate to Scope 1 and 2 greenhouse gas (GHG) emission intensity and GHG reduction targets, thereby further advancing SUS ENVIRONMENT’s strategic sustainability layout. The loan has also obtained a second-party opinion certification from DNV Business Assurance Limited, confirming its compliance with the Sustainability-Linked Loan Principles.

Mr. Shi Lv, Head of Corporate and Investment Banking at SCB China, stated: “We are honored to have facilitated this milestone transaction for SUS ENVIRONMENT. This deal once again highlights SUS’s leading position in practicing low-carbon operation principles and sustainability. Standard Chartered looks forward to continuing as a long-term partner of SUS, leveraging our outstanding innovative strengths in sustainable finance and exceptional capabilities in capital markets to jointly realize our shared sustainability vision.”

Mr. Lin Xinduo, Director and Chief Financial Officer of SUS ENVIRONMENT, stated: “We are delighted to collaborate with Standard Chartered Bank and participating banks to complete this industry milestone sustainability-linked loan. This not only reflects the capital market’s high recognition of SUS’s industry leadership and sustainability strategy, but also demonstrates our commitment to advancing green and low-carbon transformation. “

Empowered by technological innovation and sustainable management, SUS’s overseas business has progressed rapidly. By June 2025, the company had secured 90 investment WtE projects with an estimated total processing capacity of approximately 120,000 tonnes per day. These projects cover countries in Asia, the Middle East, and other regions, effectively contributing to local solid waste management and clean energy transition.

About SUS

SUS ENVIRONMENT is the global leading comprehensive environment provider.* As of June 2025, SUS ENVIRONMENT has established 11 management centers worldwide, providing environmental and energy services to over 100 million people. It has invested in and constructed 90 waste-to-energy projects (low-carbon Eco-industrial parks), with a daily processing capacity nearly 120,000 tons of municipal solid waste and annual green power generation of approximately 18,000 GWh. Its equipment and technology are applied in 300 waste-to-energy plants across the world, with a daily capacity over 300,000 tons of municipal solid waste.*

* Data sourced from the Environmental Sanitation Net Of China and public data, covering total design scale, with data as of June 30, 2025.