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Magniflex Celebrates 63rd Anniversary with New Flagship Store in HomeSquare, Shatin


HONG KONG SAR – Media OutReach Newswire – 19 May 2025 – On May 22, 2025, to celebrate the 63rd anniversary of the legendary Italian mattress brand Magniflex, the group is opening its 2nd store in HomeSquare, the largest one-stop home living mall in Hong Kong! This addition to Magniflex’s global network of over 4,000 sales points will allow the brand to effectively provide the best sleep experience to customers throughout Hong Kong.

Expanding Brand Service Network into the New Territories
Magniflex’s flagship store in Hong Kong relocated to Windsor House in Causeway Bay last year and has served over 6,800 customers in Hong Kong in the past three years. The group looks forward to further enhancing its sales network after entering the New Territories, providing more convenient services and experiences for customers in different regions.

Comprehensive Product Upgrades and Certification from Authoritative Institutions
With over 60 years of artisanal Italian craftsmanship in manufacturing bedding products, Magniflex Hong Kong has introduced the group’s proud Stretch Mattress this year, bringing the first American Chiropractors Association (ACA) certified spinal mattress to Hong Kong, offering residents the ultimate Italian sleep experience.

Promoting United Nations Sustainable Development Goals
Magniflex is a participating company in the United Nations Sustainable Development Goals (SDGs) initiative, committed to establishing transparent and measurable environmental improvement policies. For instance, we use solar panels to reduce carbon emissions and actively promote environmental protection. Our commitment to sustainability has earned us two important certifications: OEKO-TEX® CLASS I, guaranteeing that our products are free from harmful substances for humans and the environment; and GOTS, confirming that our Tuscany series fabrics are made from 100% organic materials.

Multinational Company Originating from Florence, Italy
Maintaining the highest production standards, all products are 100% made in Italy and comply with regulations and requirements in over 100 countries and regions worldwide. Products sold globally meet international standards, including the U.S. flammability safety standard CFR 1633, globally recognized non-toxic textile certification, and AJA EUROPE certification, ensuring the highest manufacturing level.

Introducing Latest Technology and Highest Sanitary Standards
The group continually strives for innovation by introducing the highest technological production equipment and instruments. Magniflex® mattresses are disinfected with a special UV-C sterilization machine before leaving the factory and are then vacuum-packed using patented technology, ensuring complete prevention of bacterial and viral contact (including COVID-19) after packaging, thus maintaining the highest sanitary standards. The management system in our Italian factories complies with UNI EN ISO 9001:2015 standards, ensuring the highest manufacturing levels.

Celebrating 63rd Anniversary with Great Offers
To mark the milestone of entering the 63rd year, the Italian headquarters has prepared various offers and celebratory rewards for the opening of the Hong Kong HomeSquare store, including free delivery and old mattress recycling services for orders made within the first month of opening, free mattress storage service, and various exclusive gift offers, aiming to resolve all customers’ sleep-related concerns.

Staying Calm Amidst Chaos; Wishing Everyone Sweet Dreams
In the past few years, global turmoil and fluctuations in the Hong Kong economy have posed various challenges for our group. Despite these challenges, we remain committed to a customer-first philosophy. During wartime, we donated mattresses to conflict areas; during the pandemic, we developed antiviral mattresses to provide additional protection for customers. Through continuous technological research and innovation, we strive to bring the highest quality bedding products from Italy to the world, fulfilling our promise to offer the ultimate sleep experience for customers globally.

Hashtag: #Magniflex

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

About Magniflex

Founded in 1962, Magniflex is an Italian mattress manufacturer known for its high quality and comfort, making it the largest mattress manufacturer in Italy. The Italian factory produces 10,000 mattresses daily and sells them to 99 countries and regions around the world, with all products being 100% made in Italy. The brand focuses on innovation and provides ergonomically designed mattresses, collaborating with various professional organizations and academic institutions, becoming the first mattress brand globally to be certified by the American Chiropractors Association (ACA).

Magniflex Website:

Philips Evnia launches the 4th Gen QD-OLED Gaming Monitor, elevating the ultimate gaming experience, along with 4K 240Hz Refresh Rate and DP 2.1 Ports


SINGAPORE – Media OutReach Newswire – 19 May 2025 – Evnia, the premium gaming sub-brand of Philips Monitors, is proud to announce the groundbreaking launch of its flagship 27M2N8800 QD-OLED Gaming Monitor. Designed to redefine competitive and immersive gaming through industry-leading technology, this monitor combining a 4th Gen QD-OLED panel, 3840 x 2160 (4K) resolution, 240Hz refresh rate, HDMI2.1 and DP 2.1connectivity, along with AI-enhanced Ambiglow Lighting, setting a new benchmark for visual excellence and game play fluidity.

Philips Evnia launches the 4th Gen QD-OLED Gaming Monitor 27M2N8800
Philips Evnia launches the 4th Gen QD-OLED Gaming Monitor 27M2N8800

Cutting-Edge Performance

The 27M2N8800 features a 27-inch 4K (3840×2160) 4th Gen QD-OLED panel, delivering unparalleled contrast, infinite blacks, and vibrant colors. With an ultra-fast 240Hz refresh rate and 0.03ms (GTG) response time, it eliminates motion blur and input lag, ensuring razor-sharp precision in fast-paced titles such as VALORANT and Call of Duty. The monitor’s peak brightness of 1000 nits and VESA DisplayHDR True Black 400 certification create lifelike visuals, providing a true 10-bit color display and an ultra-wide color gamut for a immersive experience that brings vitality to your game.

Made for gaming

Equipped with DisplayPort 2.1 (80Gbps bandwidth) and dual HDMI 2.1 ports, the monitor supports uncompressed 4K 240Hz output, ideal for next-gen GPUs. A 10-bit color depth and 145% sRGB coverage ensure cinematic color reproduction, making every frame a masterpiece. Certified with AMD FreeSync™ Premium Pro, the monitor provides a variable refresh rate (VRR) and the true HDR gaming experience. combining smooth gameplay at peak performance with exceptionally high dynamic range visuals while maintaining low latency.

The built-in Evnia Precision Center software empowers gamers to fine-tune their experience:

  • Stark Shadow Boost: the feature offers three selectable levels that enhance image texture with better color saturation and higher contrast, improving visibility in both light and dark environments.
  • Smart Crosshair: the feature enhances aiming accuracy, allowing players to spot enemies more easily.
  • Smart Sniper: Automatically zooms in on critical targets when scoping, perfect for landing clutch shots with agents like Jett.

A truly immersive visual experience

Philips Evnia exclusive Ai-enhanced Ambiglow feature is an innovative lighting technology that synchronizes RGB lights with audio and video content during gameplay. Located on the backside of the monitor, these lights interact with the game being played, changing color based on on-screen actions. This creates a more immersive experience, elevating gaming visuals to a new level.

Ergonomic Design and Unrivaled Warranty

In addition to its powerful visual and gaming features, the Philips Evnia 27M2N8800 prioritizes user comfort. The monitor’s Height Adjustable Stand (HAS) allows for tilt, swivel, and height adjustments to fit the most comfortable position. Additionally, the Low Blue Mode reduces blue light exposure to the eyes, minimizing potential adverse health effects.

With all these features in mind, the Philips Evnia 27M2N8800 is an excellent choice for gamers seeking a powerful monitor with a visually competitive edge. For more information about the 27M2N8800, please visit Philips Evnia Website.
Hashtag: #EVNIA #PhilipsMonitors #gamingmonitor #QDOLED #27M2N8800


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

About Philips Evnia

Philips Evnia is revolutionizing the gaming and entertainment experience with its cutting-edge monitor series. Combining sleek aesthetics with innovative technology such as QD OLED and Dynamic Lighting, Evnia delivers unmatched performance with ultra-fast refresh rates, exceptional color accuracy, and breathtaking visuals. Engineered for both professional gamers and creative professionals, Philips Evnia offers a visual experience like no other. Whether you’re seeking precision for competitive play or vivid clarity for content creation, the Evnia monitor series elevates your gaming journey to new heights.

Southco Showcases Innovative Hardware Solutions at Computex 2025

TAIPEI, TAIWAN – Media OutReach Newswire – 19 May 2025 – Southco Asia Ltd., a subsidiary of Southco Inc., a leading global provider of engineered access solutions such as locks, latches, captive fasteners, connected access, and positioning technology, is excited to announce its participation in Computex 2025, taking place from May 20 to 23 at Taipei. This leading technology event will give attendees the opportunity to experience the latest innovations from Southco, meet directly with their team, and foster connections within the broader tech community.

Join Us at Computex on May 20-23 at Booth I0802

As a company committed to delivering quality and innovation, Southco will present a range of products designed to enhance physical security for the digital world. Attendees can visit us at booth I0802 to explore cutting-edge solutions, including optimized ejectors, and a self-aligning liquid cooling adapter that provides faster storage access while enhancing energy efficiency.
“Our participation in Computex highlights our commitment to staying at the forefront of technology and meeting the evolving needs of our customers,” said Jason Cheng, Business Development Director at Southco. “The right combination of advanced hardware ensures that users experience superior performance while reducing business operational costs, making our solutions ideal for modern applications.”
Southco’s team will be available for discussions on industry trends and customer-focused strategies. Join them at Computex 2025 to discover how Southco is driving innovation in the tech industry!

Hashtag: #Southco #Enterprisecomputing #AIserver #Computex2025

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

About Southco

Southco, Inc. is the leading global designer and manufacturer of engineered access solutions. From quality and performance to aesthetics and ergonomics, we understand that first impressions are lasting impressions in product design. For over 70 years, Southco has helped the world’s most recognized brands create value for their customers with innovative access solutions designed to enhance the touch points of their products in transportation and industrial applications, medical equipment, data centers and more. With unrivalled engineering resources, innovative products and a dedicated global team, Southco delivers the broadest portfolio of premium access solutions available to equipment designers throughout the world.

SUNRATE Named Among Top 100 Cross-Border Payment Companies for 2025 by FXC Intelligence


SINGAPORE – Media OutReach Newswire – 19 May 2025 – SUNRATE, the global payment and treasury management platform, has once again been recognised by FXC Intelligence as one of the Top 100 Cross-Border Payment Companies worldwide. This marks the second consecutive year SUNRATE has received the accolade, underscoring its growing influence and leadership in the cross-border payments landscape.

Image 20250516

FXC Intelligence’s annual list celebrates the most innovative and impactful companies transforming the cross-border payments landscape — spanning fintechs, banks, infrastructure providers, and payment processors. SUNRATE’s continued inclusion highlights its rapid growth, strong performance, and commitment to driving forward-thinking solutions for global businesses.

Daniel Webber, CEO and founder of FXC Intelligence said, “SUNRATE’s rapid growth in the cross-border B2B Asia payments landscape is the direct result of its strategic vision and commitment to innovation. With a robust platform, recent geographic expansions and strategic partnerships, SUNRATE is not only broadening its global footprint but also showing operational excellence, underscoring its pivotal role in facilitating seamless international payments. Its inclusion in this year’s Cross-Border Payments 100 is well deserved and indicative of its growing influence in the sector.”

Paul Meng, co-founder and CEO at SUNRATE said, “Being recognised by FXC Intelligence for the second year in a row is a testament to our team’s unwavering vision to become the leading global cross-border B2B payment platform in emerging markets. As global commerce becomes increasingly interconnected, we remain focused on delivering cutting-edge, scalable solutions that power our clients’ international ambitions.”

Over the past year, SUNRATE has significantly expanded its global footprint across APAC, EMEA, and other key regions, while also broadening its offerings into new business verticals. Today, SUNRATE enables businesses to send payments to over 190 countries and regions, transact in more than 130 currencies, and settle commercial card spending in over 15 currencies. Its global collection services support 30+ currencies, allowing businesses to collect funds in over 10 major global currencies—as if they were local transactions. Earlier this year, SUNRATE introduced its “Trading and Hedging” solutions, designed to equip businesses with advanced FX trading tools, tailored hedging strategies, and a suite of financial instruments, such as OTC Derivatives.

As SUNRATE marks this important milestone, it remains focused on the road ahead. The global payments landscape is evolving rapidly, fuelled by technological innovation and the growing need for streamlined, secure cross-border transactions. The company is proud to be at the forefront of this transformation—harnessing its global network, cutting-edge technology and customer-centric approach to redefine the future of international payments.

Hashtag: #SUNRATE #FXCIntelligence

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

About SUNRATE

SUNRATE is a global payment and treasury management platform for businesses worldwide. Since its inception in 2016, SUNRATE has been recognised as a leading solution provider and has enabled companies to operate and scale both locally and globally in 190+ countries and regions with its cutting-edge proprietary platform, extensive global network, and robust APIs.

With its global business headquarters in Singapore and offices in Hong Kong, Jakarta, London, and Shanghai, SUNRATE partners with the top global financial institutions, such as Citibank, Standard Chartered, Barclays, J.P. Morgan and is the principal member of both Mastercard and Visa. To learn more about SUNRATE, visit

About FXC Intelligence

  • FXC Intelligence is the industry leader in cross-border payments data and intelligence.
  • The world’s biggest banks, payments and big tech companies use our critical data to make vital decisions that shape their day-to-day operations, product development and strategy.
  • Our data is also used by a number of international bodies, including the World Bank and the Financial Stability Board, to provide the most important indices in the sector.
  • We track pricing, market size and product changes as they happen and update our dataset at high frequency, giving our clients the competitive edge they need to stay on top in a rapidly changing market.
  • Our platform, which is built on top of our data, offers solutions such as a price engine and sales enablement tool to drive our clients’ growth and profit.
  • Our data gives us a unique understanding of cross-border payments and we share our analysis and insights every week with subscribers to our newsletter, the most widely read in the cross-border payments market globally.

Interested and want to find out more, sign up to our newsletter

GSM launches Xanh SM platform, officially distributes VinFast VF 3 and VF 5 electric vehicles in Laos


VIENTIANE, LAOS – Media OutReach Newswire – 17 May 2025 – Green and Smart Mobility Joint Stock Company (GSM), the operator of Xanh SM – Southeast Asia’s first all-electric ride-hailing service – has officially launched the Xanh SM Platform in Laos. In tandem, GSM announced the official distribution of two electric vehicle models, the VinFast VF 3 and VF 5, in the country.

Mr. Nguyễn Văn Duy, First Secretary of the Vietnamese Embassy in Laos (third from the left), joined representatives of GSM and other distinguished guests in cutting the ribbon at the grand opening of the first VinFast store in Laos.
Mr. Nguyễn Văn Duy, First Secretary of the Vietnamese Embassy in Laos (third from the left), joined representatives of GSM and other distinguished guests in cutting the ribbon at the grand opening of the first VinFast store in Laos.

Laos is the second international market, following Vietnam, where GSM is deploying its comprehensive model that integrates electric vehicle distribution with eco-friendly ride-hailing services. This expansion marks a strategic milestone in GSM’s “Go Green Global” vision, underscoring its pioneering role in bringing Vietnam’s sustainable transportation model to the regional stage.

Following more than a year of successful operations in Vientiane, Vang Vieng, Savannakhet, and Champasak, Xanh SM has earned strong support from Laotian users. Millions have embraced the service, traveling over 8 million electric kilometers and collectively reducing carbon emissions equivalent to what 70,000 trees absorb in a year—highlighting the model’s compatibility with and impact on the local market.

Building on this foundation, GSM is now introducing the Xanh SM Platform – an open technology solution that empowers VinFast VF 5 owners in Laos to become ride-hailing partners and generate sustainable income.

With a highly competitive revenue-sharing model offering drivers up to 87% of fare income—among the highest in the Laotian market—the Xanh SM Platform not only ensures attractive earnings but also provides access to a large customer base through the Xanh SM ecosystem. Partners will benefit from comprehensive training programs aligned with international standards for green transport services.

Coinciding with the platform launch, GSM also opened its first VinFast showroom in Laos, located on Kaysone Phomvihane Road, Phakao Village, Xaythany District. The company officially introduced and commenced sales of the VinFast VF 3 and VF 5, with GSM serving as the exclusive distributor for VinFast vehicles in Laos.

The VinFast VF 5 is a compact urban SUV, ideal for service operations with its spacious interior, smart design, and optimized performance. It is listed at 450,297,000 Kip (approx. USD 20,690, VAT included). Customers placing deposits before May 31, 2025, will receive a direct discount of 9,794,000 Kip (USD 450) and enjoy 50% off charging fees for two years (until June 30, 2027). Alternatively, the charging benefit can be converted into a USD 1,000 cash discount on the vehicle price. This brings the total incentive package to 31,558,000 Kip (USD 1,450), lowering the effective cost to just 418,740,000 Kip (USD 19,240).

The VinFast VF 3 is a four-seat mini electric car designed for everyday personal use—perfect for young drivers and first-time car owners. The VF 3 is priced at 269,656,000 Kip (USD 12,390, VAT included). Early customers depositing by May 31, 2025, will receive a discount of 5,440,000 Kip (USD 250) and 50% off charging costs for two years (until June 30, 2027). Customers may also convert this benefit into a USD 250 cash deduction from the purchase price, bringing the total incentive value to 10,880,000 Kip (USD 500), reducing the effective price to around USD 11,890.

Mr. Nguyen Van Thanh, Global CEO of GSM, shared: “The launch of the Xanh SM Platform in Laos is not merely a market expansion—it represents a strategic export of a comprehensive sustainable development model where technology, environmental responsibility, and economic opportunity converge. We believe Vietnam is not only capable of producing green vehicles, but also of leading the global mobility transition. Xanh SM is living proof of that vision.”

The simultaneous launch of the Xanh SM Platform and the official distribution of the VF 3 and VF 5 in Laos further strengthens the presence of Vietnamese innovation on the global green mobility map. It also reflects GSM’s long-term commitment to supporting the Laotian people in building a modern, environmentally friendly, and sustainable transportation infrastructure.

Hashtag: #GSM #XanhSM

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

InvestHK showcases Hong Kong as Asia’s gateway during Cairo visit


HONG KONG SAR – Media OutReach Newswire – 17 May 2025 – Invest Hong Kong (InvestHK), the Hong Kong government’s investment promotion arm, announced today (17 May 2025) that Ms Alpha Lau, Director-General of Investment Promotion at InvestHK, visited Cairo, Egypt, to engage with Egyptian businesses eager to establish operations in Hong Kong and capitalise on Asia-Pacific opportunities. During her visit, Ms Lau will attend the Guangdong–Hong Kong–Macao Greater Bay Area Economic and Trade Cooperation Conference (Cairo) on 19 May.

At the conference, she engaged with leading Egyptian companies and entrepreneurs, highlighting Hong Kong’s advantages as a regional hub, underpinned by its professional workforce, robust rule of law, low and simple tax system, and strategic location at the heart of Asia.

Hong Kong–Egypt Economic Ties Flourished

In 2023, InvestHK signed a Memorandum of Understanding (MoU) with the General Authority for Investment and Free Zones (GAFI) of the Arab Republic of Egypt, pledging mutual co-operation on investment promotion exchanges and support. In 2024, the department has opened a new office in Cairo, Egypt, to enhance its effort in attracting companies from the Middle East and North Africa (MENA) region to set up or expand their businesses in Hong Kong.

In 2024, Hong Kong and Egypt enjoyed a vibrant trade relationship, with bilateral merchandise trade reaching HK$2.1 billion (US$0.3 billion), a 5.4% increase from 2023. This growing economic connection underscored the potential for deeper commercial collaboration.

Hong Kong’s Investment Environment

Hong Kong is considered to be one of the most liberal and easiest places to do business in the world, as reflected in many renowned international rankings. To name just a few, the Business Ready 2024 Report published by the World Bank Group has ranked Hong Kong the first in “International Trade”; Hong Kong also ranked as the world’s freest economy in the “Economic Freedom of the World: 2024 Annual Report” by the Fraser Institute and the 5th most competitive economy in the “World Competitiveness Yearbook 2024” by the International Institute for Management Development; and according to the “World Investment Report 2024” released by the United Nations Trade and Development in June 2024, Hong Kong was the 4th largest recipient of FDI inflow in 2023 globally.

Ms Lau said, “Egypt’s strategic location as a gateway to Africa and the Middle East, combined with its dynamic and diversified economy, makes it a natural partner for Hong Kong. Hong Kong, as Asia’s leading international financial hub and Asia’s business Launchpad, offers Egyptian enterprises a reliable platform to access Mainland China and the broader Asia-Pacific region.”

She added, “Our team in Cairo is ready to assist Egyptian companies to set up and expand their businesses in Hong Kong. We offer one-stop customised support services, from the planning to implementation stages. We look forward to working with you closely to unlock new opportunities across Asia.”

Hashtag: #InvestHK

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

Lightning Strike at Angkor Wat Kills Three, Injures Dozens

People were injured because of the lightning ((Photo: Khmer Times)

On the evening of 16 May, a lightning strike hit the Angkor Wat temple in Siem Reap, Cambodia, killing three people and injuring many others. Most of the victims were Cambodian.

The lightning strike happened around 5:00 pm, during a traditional spiritual ceremony held by locals on top of the temple while it was raining.

Cambodian officials have not yet confirmed the exact number of people affected.

Early reports suggest that the temple may not have had a proper lightning protection system, which could have made the situation worse.

After the news spread online, many Cambodian social media users urged others not to share the story, fearing it could scare away tourists and harm the country’s reputation.

Green and Smart Mobility Launches EV Platform, VinFast Car Sales in Laos

Green and Smart Mobility Launches EV Platform, VinFast Car Sales in Laos

On 17 May, Green and Smart Mobility Joint Stock Company (GSM), the operator of Xanh SM – Southeast Asia’s first all-electric ride-hailing service officially launched the Xanh SM Platform in Laos.