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Education Cannot Wait Scales-Up Lifesaving Education Programmes in Burkina Faso, Ethiopia and Nigeria with US$3.05 Million in Dedicated Funding from Japan

Delivered by a broad consortium of local and international partners, the aligned funding builds on ECW’s successful investments to ensure crisis-impacted children have access to safe, quality learning opportunities. 

NEW YORK, Aug. 21, 2025 /PRNewswire/ — With US$3.05 million in new funding from the Government of Japan, Education Cannot Wait (ECW) is scaling-up its lifesaving education investments in Burkina Faso, Ethiopia and Nigeria.

In Burkina Faso, 20% of education facilities have been affected by the evolving security crisis, impacting the learning of over 800,000 students.
In Burkina Faso, 20% of education facilities have been affected by the evolving security crisis, impacting the learning of over 800,000 students.

With the new resources, ECW and its strategic partners will expand their innovative programmes to reach more crisis-impacted girls and boys with the safety, hope and opportunity of a quality education, and deliver on the promise of education for all outlined in the 2030 Agenda for Sustainable Development.

The Japanese government provides humanitarian aid grants through its supplementary budget to international organizations on a rolling annual basis. In 2023, ECW submitted a successful US$3 million grant proposal through the Permanent Mission to Japan in New York for an investment in Ukraine. The new tranche of funding for Burkina Faso, Ethiopia and Nigeria was approved in 2024 by the Government of Japan. To build on this successful partnership, ECW plans to submit a new proposal each year to strengthen its partnership with Japan and raise more visibility for Japanese contributions toward life-saving education in emergencies and protracted crises initiatives.

“The Government of Japan welcomes the opportunity to partner with Education Cannot Wait to strengthen education support in Nigeria, Ethiopia and Burkina Faso. We value ECW’s continued leadership in delivering timely, effective and inclusive education in emergency settings. Particular attention must be paid to the most vulnerable learners, including children with disabilities, who face multiple barriers to accessing quality education in crisis contexts. Ensuring continued access to education for children affected by conflict and climate-induced crises is critical from a human security perspective. Japan remains firmly committed to working with international partners to advance the SDGs and to ensure that no one is left behind,” according to the Government of Japan. 

Japan’s earmarked funding builds on the impact of the US$1.6 billion ECW and its strategic partners have mobilized to date through both the public and private sector.

“The Japan NGO Network for Education (JNNE) welcomes the Government of Japan’s contribution of US$3.05 million to the Education Cannot Wait fund. This fund will provide quality learning opportunities for children and adolescents affected by war and climate change in Burkina Faso, Ethiopia and Nigeria. The contribution is particularly significant given that Japan will host the Ninth Tokyo International Conference on African Development in August. Japanese civil society organizations recognize the comparative advantages of ECW as the sole UN fund for education in emergencies and protracted crises, which enables a coordinated approach to swiftly reaching vulnerable children and adolescents in need of educational support,” according to a statement from JNEE.

Armed conflicts, forced displacement and the climate crisis are pushing millions of girls and boys out of school across many parts of Africa – exacerbating cycles of war, poverty, conflict and economic uncertainty.

In Burkina Faso, 20% of education facilities have been affected by the evolving security crisis, impacting the learning of over 800,000 students. In Ethiopia, 10.5 million children are in need of urgent humanitarian assistance. In the Oromia Region of Ethiopia alone, 3.2 million children are currently out of school as the result of various hazards, including armed conflict, intercommunal violence, climate-related hazards, disease outbreaks, food insecurity and economic uncertainty. In Northwest Nigeria – a region long-impacted by armed violence, kidnappings and other challenges – as many as 860,000 children are out of school.

The Japanese funding in Burkina Faso will be delivered by UNICEF in collaboration with FDC, TinTua, Educo and Plan International. In all, the expanded ECW investment will reach close to 100,000 children with a focus on out-of-school children, primary education, and non-formal education for internally displaced children and adolescents.

In Ethiopia, UNICEF, along with local organizations Imagine1Day and the Gurmuu Development Association, will deliver the ECW investment, reaching a total of 72,000 girls and boys with safe, protective and climate-resilient learning spaces.

In Nigeria, Save the Children, along with local partner NNGO Goal Prime Organization Nigeria, will deliver the investment, expanding the reach of the programme to over 137,000 children in all.

Note to Editors 

About Education Cannot Wait (ECW): 
Education Cannot Wait (ECW) is the global fund for education in emergencies and protracted crises in the United Nations. We support quality education outcomes for refugee, internally displaced and other crisis-affected girls and boys, so no one is left behind. ECW works through the multilateral system to both increase the speed of responses in crises and connect immediate relief and longer-term interventions through multi-year programming. ECW works in close partnership with governments, public and private donors, UN agencies, civil society organizations, and other humanitarian and development aid actors to increase efficiencies and end siloed responses. ECW urgently appeals to public and private sector donors for expanded support to reach even more vulnerable children and youth.

On X/Twitter, please follow: @EduCannotWait @KentPage

Additional information available at: www.educationcannotwait.org

GC Biopharma’s Study on Hunterase Lysosomal Delivery Mechanism Published in SCIE-Indexed Journal

YONGIN, South Korea, Aug. 21, 2025 /PRNewswire/ — GC Biopharma, a leading global pharmaceutical company based in South Korea, announced today that it has revealed the delivery mechanism of Hunterase (idursulfase beta), a recombinant enzyme replacement therapy for Hunter syndrome (MPS II). The research findings, detailing the role of N-glycosylation in lysosomal targeting, have been published in the International Journal of Biological Macromolecules, a prestigious SCIE-indexed journal.

Hunter syndrome (MPS II) is a rare genetic disorder caused by mutations in the iduronate-2-sulfatase (IDS) gene, resulting in a deficiency of the IDS enzyme, which is essential for the degradation of glycosaminoglycans (GAGs). This deficiency leads to the progressive accumulation of GAG within lysosomes, causing a range of symptoms. Thus, effective treatment relies on delivering the therapeutic enzyme to lysosomes to facilitate GAG breakdown.

For effective lysosomal targeting, the N-glycan structures of the therapeutic enzyme must contain mannose-6-phosphate (M6P). M6P acts as a targeting signal, guiding the enzyme to bind to cells, facilitating its uptake and delivery into lysosomes to degrade GAGs.

The research utilized high-resolution Orbitrap mass spectrometry to analyze the site-specific N-glycan structures of idursulfase beta (Hunterase). A total of 42 N-glycan structures were identified, with two sites, Asn221 and Asn255, found to be predominantly modified with bis-mannose-6-phosphate (bis-M6P), a structure containing two phosphate groups. The research team explains that this bis-M6P structure ensures the efficient and stable delivery of idursulfase beta (Hunterase) to lysosomes.

The research team also demonstrated idursulfase beta’s high-affinity binding to the M6P receptors using surface plasmon resonance. Additionally, fluorescence-labeled cellular studies confirmed efficient uptake and lysosomal delivery of idursulfase beta (Hunterase).

Moreover, several N-glycan structures of idursulfase beta (Hunterase) were found to be modified with sialic acid, which is known to prolong the enzyme’s circulation in the blood, extending its half-life.

Hunterase (idursulfase beta), according to GC Biopharma, is highly effective for treating Hunter syndrome due to its targeted lysosomal delivery, driven by N-glycan structures modified with M6P and prolonged circulation enabled by sialic acid modifications.

“This study analyzed the lysosomal delivery mechanism of Hunterase (idursulfase beta), supported by robust scientific evidence,” said Jae Uk Jeong, Head of R&D at GC Biopharma. “With clear evidence of its therapeutic effectiveness, patients with Hunter syndrome can have greater confidence in using Hunterase throughout their treatment journey.”

About GC Biopharma

GC Biopharma (formerly known as Green Cross Corporation) is a biopharmaceutical company headquartered in Yong-in, South Korea. The company has over half a century of experience in the development and manufacturing of plasma derivatives and vaccines, and is expanding its global presence with successful US market entry of Alyglo®(intravenous immunoglobulin G) in 2024. In line with its mission to meet the demands of future healthcare, GC Biopharma continues to drive innovation by leveraging its core R&D capabilities in engineering of proteins, mRNAs, and lipid nanoparticle (LNP) drug delivery platform to develop therapeutics for the field of rare disease as well as I&I (Immunology & Inflammation). To learn more about the company, visit https://www.gcbiopharma.com/eng/

This press release may contain biopharmaceuticals in forward-looking statements, which express the current beliefs and expectations of GC Biopharma’s management. Such statements do not represent any guarantee by GC Biopharma or its management of future performance and involve known and unknown risks, uncertainties, and other factors. GC Biopharma undertakes no obligation to update or revise any forward-looking statement contained in this press release or any other forward-looking statements it may make, except as required by law or stock exchange rule.

GC Biopharma Contacts (Media)

Sohee Kim
shkim20@gccorp.com

Yelin Jun
yelin@gccorp.com

Yoonjae Na
yjy6520@gccorp.com

Carro and SY Holdings enter into strategic partnership to support Carro’s expansion with tech-driven financing solutions

  • Hong Kong-listed SY Holdings to provide cross-border financing solutions for Carro, powered by artificial intelligence, predictive analytics and secure API-based integration
  • The strategic partnership will also explore supply-chain AI capabilities to enhance risk controls and operational efficiency for Carro

SINGAPORE, Aug. 21, 2025 /PRNewswire/ — Carro, Asia Pacific’s largest and fastest-growing online used car platform, has signed a Memorandum of Understanding with fintech platform SY Holdings, entering a strategic partnership that will support Carro’s expansion plans through tech-enabled financing solutions.

Aaron Tan, co-founder and CEO at Carro (left) and Kenny Ng, Head of International Partnerships at SY Holdings (right)
Aaron Tan, co-founder and CEO at Carro (left) and Kenny Ng, Head of International Partnerships at SY Holdings (right)

SY Holdings is a Hong Kong-listed digital intelligence technology company with a focus on AI and industry supply chains. This strategic partnership will leverage artificial intelligence, predictive analytics and API-based integrations that will optimise efficiency, accelerate funding cycles and intensify scalability while maintaining governance and compliance.

“We’re excited to work with new partners like SY Holdings that can move quickly together with us, as we expand into even more markets and explore new propositions like Brand New cars,” says Aaron Tan, co-founder and CEO of Carro. “This strategic partnership will give us access to bespoke, AI driven financing solutions that will not only help align disbursements across our ecosystem in multiple markets, but also optimise the financing supply chain process.” 

At the same time, SY Holdings will be able to tap into Carro’s deep experience and expertise with New Energy Vehicles (NEV) across Asia Pacific.

“Carro’s commitment in AI and NEV, coupled with its recent launch of its Zeekr dealership, resonates strongly with us ,” says Kenny Ng, Head of International Partnerships at SY Holdings. “This partnership will see us working closely to integrate systems that will handle dealership, procurement and settlement cases within the NEV space, as well as explore supply chain AI capabilities that will include anomaly detections, smart pricing algorithms, real-time data synchronisation and automated reconciliation.”

Carro is Asia Pacific’s largest and most trusted online automotive marketplace, with a decade’s worth of experience in buying and selling used cars whilst leveraging proprietary technologies, artificial intelligence and data analytics. The unicorn start up has grown its retail marketplace to an in-house ecosystem powerhouse encompassing Carro Care (aftersales), Genie Financing Services (financing), and Coverro (insurance), building a hub of excellence and quality for all aspects of car ownership.

About SY Holdings

SY Holdings Group Limited  (Stock Code: 6069.HK) is the first “AI + Industrial Supply Chain” digital intelligence technology company listed on the Main Board of the Hong Kong Stock Exchange. Recognized by CNBC and Forbes as a leading global fintech innovator, the Group has been included in MSCI, Hang Seng, FTSE and Stock Connect indices, reflecting broad market recognition. Through its proprietary SY Cloud Platform, SY deploys AI Agents that automatically analyse procurement opportunities, match orders, and connect SMEs with funding partners in real time, enabling them to secure growth opportunities with greater efficiency. Operating under a “transaction-focused, asset-light” model, SY strengthens industrial ecosystems and data connectivity across infrastructure, healthcare, commodities, e-commerce, and robotics. As of June 30, 2025, the Group has established partnerships with more than 10 large core enterprises and over 180 funding institutions, facilitating order procurement and financing services exceeding USD 38 billion for over 19,000 SMEs, while continuing to advance digital transformation and inclusive growth for SMEs worldwide.

About Carro

Founded in 2015, Carro is Asia Pacific’s largest online used car marketplace. By offering a trustworthy and transparent experience, Carro transforms the traditional way of buying and selling cars through proprietary pricing algorithms, AI-enabled capabilities, and innovative technological solutions. Carro most recently expanded its product line to include Brand New cars in Singapore and Malaysia, offering customers even more options.

Headquartered in Singapore, the unicorn startup has raised over S$700 million from Softbank Vision Fund and several sovereign funds. It recorded its best ever full-year positive EBITDA of S$43 million in FY2024. Together with its subsidiaries and business lines, Carro is supported by more than 5,000 employees across Asia Pacific:

  • Carro, Asia Pacific’s largest online used marketplace with a strong key presence in Singapore, Malaysia, Indonesia and Thailand, Japan, Taiwan region, and Hong Kong SAR
  • Carro Care Powered by Jardine & Cycle, Carro’s in-house refurbishment and after-sales servicing capabilities
  • Genie Financial Services, a next-generation fintech automotive financing provider in Singapore, Malaysia, Indonesia and Thailand
  • MPM Rent, leading mobility solutions company in Indonesia specialising in leasing / fleet financing transportation services
  • Innorithm, a next-generation fleet management solutions company leveraging state-of-the art IoT and machine learning
  • Kaidee, Thailand’s largest online shopping and classifieds platform

For more information, please visit: www.carro.co.

HTX Joins TRM Labs’ Beacon Network to Strengthen Global Fight Against Crypto Crime

PANAMA CITY, Aug. 21, 2025 /PRNewswire/ — HTX, a global leading cryptocurrency exchange, today announced its participation in the Beacon Network, the first real-time crypto crime response network launched by TRM Labs, as a founding member. By joining forces with elite exchanges and law enforcement agencies, HTX reaffirms its commitment to combating illicit finance and building a safer, more trusted digital asset ecosystem.

Launched by TRM Labs, the Beacon Network connects vetted investigators with exchanges, stablecoin issuers, and regulators to detect, flag, and disrupt illicit activity before funds can be cashed out. Through real-time alerts and coordinated responses, the network shifts the fight against crypto crime from reaction to prevention, closing gaps that criminals have exploited for years.

“As the crypto industry continues to evolve at a rapid pace, threats such as hacking and money laundering have become increasingly sophisticated, intelligent, complex, and fast-moving. It is no longer feasible for any single team to fight these crimes effectively — we must unite as an industry to build coordinated defenses and responses, and Beacon Network helps us do just that,” said Heisen Guo, Chief Security Officer at HTX. “HTX is grateful to TRM Labs for spearheading this effort, and we look forward to working side by side with partners worldwide to forge an ‘iron wall’ for the crypto sector, and to safeguard the security and bright future of the industry.”

By joining the Beacon Network, HTX demonstrates its dedication to advancing compliance and strengthening security standards. Its participation also broadens Beacon’s global reach and real-time coverage, enabling exchanges and law enforcement partners to act within moments rather than days. Together, the industry is setting a new benchmark for cooperation to stop illicit finance before it impacts users.

About HTX

Founded in 2013, HTX (formerly Huobi) has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

To learn more about HTX, please visit https://www.htx.com/ or HTX Square , and follow HTX on X, Telegram, and Discord

About TRM Labs

TRM Labs provides blockchain intelligence solutions trusted by financial institutions, cryptocurrency businesses, and law enforcement to detect, investigate, and prevent cryptocurrency-related financial crimes. TRM combines advanced analytics with human expertise to build a safer financial system for everyone. Learn more at www.trmlabs.com.

Timeless (8028.HK), Eddid Financial, and HashKey Chain Sign Strategic MOU to Launch Hong Kong’s First Silver-Backed RWA Token Ushering in a New Chapter in Precious Metal Tokenization

HONG KONG, Aug. 21, 2025 /PRNewswire/ — Timeless Resources Holdings Limited (“Timeless”, Stock Code: 8028.HK), Eddid Financial‘s subsidiary Eddid Securities and Futures, and HashKey Group‘s HashKey Chain have signed a strategic cooperation memorandum of understanding (MOU) to explore a potential collaboration on the development and issuance of a digital token backed by silver assets (“Silver Tokens”). This initiative would mark the launch of the Hong Kong’s first tokenized real-world asset (RWA) project based on silver.

The three parties will assess opportunities to develop, deploy, and issue the Silver Tokens on the Ethereum Layer-2 network, HashKey Chain, operated by HashKey Group. HashKey Chain under the HashKey Group will provide technical support, documentation, and compliance assistance services to facilitate the successful issuance of the Silver Tokens. Eddid Financial intends to assist the product issuer to obtain all necessary approvals from competent regulatory authorities (if any) prior to the launch of the Silver Tokens. Eddid Financial will also leverage its client operations to primarily direct its clients to the operational channels and products of HashKey Group and Eddid Financial for transactions or collaborations involving the Silver Tokens.

Timeless specializes in the exploration, development and exploitation of mines, precious metal processing and trading and the provision of integrated IT solution and other related services, with a well-established industry footprint and market presence. Drawing on its deep expertise in precious metals trading, Timeless is now exploring how blockchain technology can modernize and enhance traditional industry practices. Timeless has extensive expertise and knowledge for the underlying silver assets of the token, enabling the project to advance smoothly and efficiently.

As one of Hong Kong’s pioneering financial groups offering both traditional and virtual asset services, Eddid Financial has built a robust presence in the digital asset space. Its subsidiary, Eddid Securities and Futures, is among the first licensed brokerages in Hong Kong authorized to conduct virtual asset trading. The firm is committed to delivering secure and efficient crypto trading and related services to institutional and retail investors, while also expanding its virtual asset liquidity management offerings to support licensed institutions, reinforcing its leadership in the sector.

HashKey Group is a leading global digital asset service provider in Asia. Its subsidiary, HashKey Exchange, is one of the first licensed virtual asset exchange in Hong Kong, offering comprehensive, compliant and secure virtual asset trading services for professional investors and retail customers. HashKey Chain is a public blockchain launched by the HashKey Group in December 2024, dedicated to advancing the compliance and large-scale development of Onchain Finance. HashKey has built a global Web3 ecosystem under a high-compliance regulatory framework, operating in regions such as Hong Kong, Singapore, Japan, and Bermuda, establishing itself as a leader in Asia’s digital asset sector.

This strategic partnership brings together deep expertise and extensive networks across precious metals, capital markets, and virtual asset. By leveraging blockchain technology, the collaboration aims to revolutionize global precious metals operations and lower the barrier to entry for investors. As the Hong Kong’s first silver-backed RWA, the Silver Tokens will offer investors a novel asset allocation option and mark a major milestone in the evolution of tokenized commodities.

About Timeless

Timeless and its subsidiaries (collectively the “Timeless Group”) are principally engaged in the exploration, development and exploitation of mines, precious metal processing and trading and the provision of integrated IT solutions and other related services. Management of the Timeless Group has over 40 years of experience in metal trading, including gold, silver, copper and nickel, with in-depth knowledge for metal and related business. In addition, the Timeless Group also extensively involved in the information technology sector, providing services including hardware and software solutions on digital management software transformation, centralized data storage and AI data analysis aimed for efficient operations; self-developed software, including enterprise business information systems, data asset management system, BI system, business finance integration system, data exchange services system, deployable to cloud for SaaS and to local integration device; and continuous development of high performance hardware and software system which help customers to achieve sustainable business growth.

About Eddid Financial

Anchored in Hong Kong, Eddid Financial is an all-encompassing financial group centered around fintech and dedicated to integrating latest technologies into its enterprise DNA.The diversified businesses of Eddid Financial range from retail to institutional and include but are not limited to fintech, internet finance, wealth management, asset management, investment banking, and digital asset. Eddid Financial is committed to providing one-stop financial services and products to customers through high-quality investment solutions.

Members of the Group hold a variety of licenses and memberships across key financial markets. These include Hong Kong Securities and Futures Commission (SFC) regulated activities (“RA”) licenses for types 1, 2, 3, 4, 5, 6, and 9; SEHK and HKCC participant (OTP-C broker number: 0974 and 0977), Insurance Broker Company license; Trust or Company Service Provider License in Hong Kong. Additionally, our fully owned U.S. broker-dealer subsidiary, Eddid Securities USA Inc., maintains approved membership with the Financial Industry Regulatory Authority (FINRA), the National Futures Association (NFA), the Securities Investor Protection Corporation (SIPC), and the Nasdaq Stock Market LLC (NQX), and is a registered with the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in the United States. Our Singapore subsidiary, Eddid Financial Singapore Pte. Ltd., holds the Capital Markets Services License (License No.: CMS101839) issued by the Monetary Authority of Singapore (MAS).

Learn more: www.eddid.com.hk/en

About HashKey Group

HashKey Group is a leading digital asset financial services group in Asia with global operations in regions such as Hong Kong, Singapore, Japan, and Bermuda. Since 2018, HashKey Group has built a Web3 ecosystem within a high-compliance regulatory framework, including HashKey Exchange, the largest licensed virtual asset exchange in Hong Kong*; HashKey Global, the flagship digital asset exchange; HashKey MENA, a virtual asset exchange licensed by the Dubai Virtual Assets Regulatory Authority (VARA); HashKey Capital, a global asset manager investing exclusively in blockchain technology and digital assets; HashKey OTC, the compliant over-the-counter (OTC) trading arm, HashKey Cloud, a leading global Web3 infrastructure provider; and HashKey Tokenisation, a tokenisation services provider.

HashKey Group also possesses a rich on-chain ecosystem, having developed the Ethereum Layer 2, HashKey Chain, and has listed the HashKey Ecosystem Token HSK. HashKey Group is committed to driving the mass application of blockchain technology, aiming to provide trustworthy and accessible digital asset services to one billion global users.

*As of August 8, 2025, HashKey Exchange ranks seventeenth on CoinGecko’s global exchange list and is the highest-ranked licensed virtual asset exchange in Hong Kong.

About HashKey Chain

HashKey Chain is the preferred blockchain for financial institutions and RWA tokenization, dedicated to promoting compliant and scalable Onchain Finance. As a compliance-friendly blockchain infrastructure, HashKey Chain provides a secure and transparent on-chain environment for institutions. HashKey Chain inherits Ethereum’s decentralized security while enhancing transaction efficiency through high-performance optimization, ensuring on-chain asset stability and traceability. Its low-cost solution offers minimal Gas fees and high throughput, enabling efficient circulation of MMFs, bonds, funds, and stablecoins while reducing institutional operational costs.

HashKey Chain collaborates with leading financial institutions and compliant Web3 projects to provide solutions for institutional DeFi, RWA tokenization, and stablecoin settlement, accelerating the financial system’s digital transformation.

Disclaimer: https://hsk.xyz/news/disclaimer/Disclaimer

Wellness and Walkability Shape European Travel Preferences, Agoda Advises Hoteliers

Among top destinations, Malaysia shows largest year-on-year search growth at 20% in Agoda’s Europe to Asia Summer Travel Trends Report

SINGAPORE, Aug. 21, 2025 /PRNewswire/ — Digital travel platform Agoda’s latest Europe to Asia Summer Travel Trends data shows an increase in European traveler interest for Asian destinations.

Thailand, Indonesia, Japan, Malaysia, and Vietnam top the list of most searched destinations for summer 2025, with interest driven by travelers from the United Kingdom, France, Germany, Spain, and the Netherlands. Notably, search interest is also rising among travelers from Greece (+23%), Turkey (+21%), and Poland (+17%).

This growth in interest aligns with a broader shift in European traveler preferences, who are increasingly seeking authentic, immersive experiences in striking locations from exploring vibrant neighborhoods, enjoying wellness retreats and sampling local cuisine to discovering cultural landmarks on foot.

Agoda’s guide to Asia’s top cities to explore on foot highlights walkable hidden gems that make many of these trending destinations celebrated for their ease of accessibility. Hotels in walkable cities like Chiang Khan (Thailand), Melaka (Malaysia), Hanoi and Ho Chi Minh City (Vietnam) can stand out further by emphasizing their proximity to city centers, historic neighborhoods, and local attractions.

For Asian hoteliers, the growing appeal of walkable cities presents a timely opportunity to tailor offerings and capture the attention of Europe’s next wave of Asia-bound guests. Properties can highlight walkability by offering curated street tour maps and guided walking tours to enhance guest experience. Accommodation providers can make it easier for guests to access local cuisine, hidden cafés, and cultural landmarks at every turn.

Wellness tourism continues to expand across Asia, with Mordor Intelligence reporting that the market is projected to reach USD 156 billion in 2025. Today’s travelers are increasingly seeking destinations that not only offer convenience and cultural immersion, but also opportunities to recharge and focus on their wellbeing. Hoteliers can attract discerning guests by offering spa packages, yoga classes, or digital detox retreats, and by bundling wellness experiences with room rates. Chiang Khan in Thailand, for instance, is an ideal example of a wellness-focused destination, with its car-free walking street, peaceful sunrise views over the Mekong, and opportunities for mindful experiences. These thoughtful touches not only appeal to wellness-seeking travelers but also enhance the overall guest experience.

“As European travel patterns evolve, the real opportunity for hotels lies in anticipating not just where guests want to go, but how they want to experience those destinations,” said Andrew Smith, Senior Vice President, Supply at Agoda. “By leveraging data-driven insights, hoteliers can move beyond traditional offerings to curate experiences that reflect the growing demand for wellness, walkability, and local authenticity. This approach positions them to capture interest from European travelers and build stronger, more resilient guest relationships for the long term.”

With over 6 million holiday properties, more than 130,000 flight routes, and over 300,000 activities, Agoda provides endless possibilities for creating unforgettable travel experiences.  

For more insights on how to optimize strategic hotel initiatives this summer, visit https://partnerhub.agoda.com/.

Linyi emerges as a powerhouse of China’s private economy

LINYI, CHINA – Media OutReach Newswire – 21 August 2025 – Known as China’s logistics capital, Linyi has become a development hotspot of the private economy. By the end of June, the city had cultivated over 1.54 million market entities, ranking second in Shandong province, according to statistics from the Linyi Municipal Government.

Among them, there were more than 1.53 million private market entities, accounting for 99.3 percent of the total, contributing over 90 percent of the city’s business revenue, industrial tax revenue, and employment for residents. Private investment accounted for 75.9 percent, ranking third in the province, surpassing the provincial average by 14.3 percentage points.

As a major gathering for entrepreneurs from across China and abroad, the 2nd Linyi Entrepreneurs Convention was held in Linyi from Aug 18 to 20, with the tagline “choose Shandong, gather in Linyi for win-win future”, showcasing the city’s vibrant private economy and development potential to the public.

With an unprecedented scale, the event featured the release of Shandong top 100 private enterprises list. There were more than 900 attendees including representatives from local enterprises, leading figures of private enterprises, and renowned experts and scholars, gathering in Linyi to express their deep feelings for their hometown and discuss major development plans. It also highlighted new policies to support private businesses, offering both financial incentives and comprehensive services.

Linyi is an important birthplace of Dongyi culture, an important part of Shandong culture, with the phoenix serving as its symbolic totem. The event introduced the Phoenix List to recognize and motivate local enterprises, symbolizing advancement and cultural identity.

The event launched site visits to Linyi’s 13 iconic industry value chains, ranging from food processing and modern medicine to agricultural machinery and high-end equipment. Activities like the “Linyi enterprise experience tour” and six matchmaking conferences were organized to foster collaboration along key industry value chains, aiming to boost investment, attract talent, and drive high-quality development in the city.

Linyi’s private economy is the foundation of its development, and its entrepreneurs are the backbone of its growth. The Linyi Entrepreneurs Convention serves as a key platform for private business leaders to exchange ideas and innovate. Starting next year, Linyi will make the conference an annual event, aiming to create a distinctive symbol for the city’s private sector, a shared celebration for its entrepreneurs, and a prestigious brand for the city.

Hashtag: #Linyi

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

About The Linyi Municipal Publicity Department

The Linyi Municipal Publicity Department is a key division within the Linyi Municipal Government, dedicated to advancing cultural development and fostering the construction of a spiritual civilization.

PlayStation Prices Rise as US Tariffs Bite

PlayStation prices rise as US tariffs bite
Close up of a teenage boy holding a PS5 gaming console controller whilst playing video games (photo credit: Teamjackson)

AFP – On 20 August, Sony said it is bumping up the price of PlayStation 5 video game consoles by USD 50 in the United States due to a “challenging economic environment.”