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Laos’ Inflation Eases to 5.3 Percent in July

By
Thongsavanh Souvannasane
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Lao Market. Photos are for representation only. (Photo credit: Khonesavanh.KMV / Shutterstock)

Laos recorded an inflation rate of 5.3 percent in July, continuing a downward trend from 7.2 percent in June and 8.3 percent in May, according to recent government data.

The Consumer Price Index (CPI) reached 252.6 in July, up from 239.8 in the same month last year. On a month-to-month basis, the CPI rose by 0.5 percent compared to June.

Despite this improvement, the average inflation rate for the first seven months of 2025 remained high at 11 percent. The government expects inflation to fall into the single digits by the end of the year.

At a government meeting on 16 July, officials reported revenue of LAK 37,758 billion (approximately USD 1.8 billion), or 55 percent of the annual target. Government spending totaled LAK 28,223 billion (around USD 1.34 billion), representing 39 percent of the annual budget allocation.

As of mid-2025, foreign currency reserves were sufficient to cover 4.9 months of imports, with projections indicating this buffer will exceed five months going forward. Commodity prices have generally remained stable during this period.

Government officials stated they are closely monitoring commodity prices and exchange rates to mitigate the risk of sudden price spikes. 

Despite recent improvements, global economic uncertainties and domestic supply chain issues continue to weigh on household confidence regarding the country’s economic outlook in the months ahead.

Introducing DXC Assure Risk Management: AI-Powered Claims Solution for Self-Insured Organizations

By
Advertorial Desk
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ASHBURN, Va., July 29, 2025 /PRNewswire/ — DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced DXC Assure Risk Management, a next-generation solution that unites AI and human expertise to help self-insured organizations better manage employee care, control healthcare costs, and accelerate return-to-work outcomes.

Self-insured organizations use their own funds to cover employee insurance claims instead of purchasing traditional insurance. As a result, they often face a distinct set of challenges: delivering effective employee care, navigating complex and time-consuming regulations, managing escalating healthcare costs, and improving return-to-work outcomes.

Available globally today, DXC Assure Risk Management offers a comprehensive, flexible platform that helps address these challenges with:

  • AI-enabled processes: Intelligent automation of claims workflows, operational risk mitigation, and integrated health and safety management tools.
  • Human expertise at the core: A specialized team with deep insurance knowledge supporting the full claims lifecycle, including sentiment analysis and proactive claims prevention.
  • SaaS Technology: A modern, end-to-end, persona-driven claims and risk management system with document automation, real-time dashboards, and generative AI capabilities embedded throughout the process to help improve outcomes.

“We are proud to introduce DXC Assure Risk Management, an innovative solution that combines expert people, AI workflows, and technology to help self-insured employers manage the full claims lifecycle, from care to cost, for their injured employees,” said Ray August, President, Insurance Software and BPS at DXC Technology. “This reflects DXC’s ongoing commitment to innovation, delivering real value to our customers and transforming the future of insurance.”

“While cost savings are possible from self-managing claims, self-insured organizations require the same efficient management processes as full stack insurers to protect against leakage and ensure successful returns to work,” says Nathan Golia, senior analyst for Celent. “Risk management operations can realize benefits by leveraging AI to drive efficiencies and using care experts who can help employees return to work sooner.”

With over 40 years of industry expertise, DXC is the trusted partner of choice for 21 of the top 25 insurers. As the leading provider of core insurance systems, DXC continues to innovate—helping insurers reduce complexity and costs across more than 1 billion policies processed on DXC software.

For more information on DXC Assure Risk Management, visit our website.

About DXC Technology

DXC Technology (NYSE: DXC) is a leading global provider of information technology services. We’re a trusted operating partner to many of the world’s most innovative organizations, building solutions that move industries and companies forward. Our engineering, consulting and technology experts help clients simplify, optimize and modernize their systems and processes, manage their most critical workloads, integrate AI-powered intelligence into their operations, and put security and trust at the forefront. Learn more on dxc.com.

Media Contacts: Angelena Abate, Senior Director, Marketing & Communications, +1.646.234.8060, angelena.abate@dxc.com

Regional Regulatory Misunderstanding, YBUOJ Responds Proactively to BaFin Advisory

By
Advertorial Desk
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COLORADO, USA – Media OutReach Newswire – 29 July 2025 – The Federal Financial Supervisory Authority of Germany (BaFin) recently issued a public advisory stating that crypto exchange YBUOJ was offering digital asset services to German investors without proper authorization—drawing significant market attention. However, the latest response of YBUOJ suggests the issue stems more from differences in regulatory interpretation and regional communication gaps than from any actual breach of compliance.

According to publicly available information, YBUOJ is headquartered in the United States, where it holds a Money Services Business (MSB) license issued by the Financial Crimes Enforcement Network (FinCEN) and is registered with the U.S. Securities and Exchange Commission (SEC). These credentials confirm that YBUOJ operates under recognized federal oversight and meets established international compliance standards.

In response to the concerns of BaFin, YBUOJ promptly clarified that it is not registered in Germany and that all of its operations strictly follow U.S. regulatory requirements. This statement aligns with the nature of the notice of BaFin, which is categorized as a routine consumer advisory rather than an administrative sanction.

Such scenarios are not uncommon in the crypto industry. Binance, for example, is generally well-regarded in Germany, yet it has faced serious warnings or service restrictions in countries like the UK, Canada, and Japan due to lacking local regulatory approval. These cases underscore that recognition of foreign compliance credentials varies widely across jurisdictions.

The mention of YBUOJ in the advisory of BaFin highlights the broader challenges cross-border crypto platforms face in navigating differing national regulatory frameworks, where misunderstandings and communication gaps can easily arise.

In light of the situation, YBUOJ has expressed its willingness to fully cooperate with German regulators, offering relevant documentation and compliance materials to clarify the facts and dispel any misconceptions. In addition, YBUOJ also indicated it may seek to obtain a local license in Germany in the future to better meet regional regulatory requirements.

In conclusion, this incident appears to be a matter of regional regulatory misunderstanding, not substantive wrongdoing. The prompt, constructive response and solid compliance foundation of YBUOJ reflect its strategic commitment to global regulatory alignment—and offer a reference point for other industry participants in managing cross-jurisdictional compliance.

Hashtag: #YBUOJ

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

Forrester To Recognize AIA Group As Its 2025 Customer-Obsessed Enterprise Award Winner At CX Summit APAC

By
Advertorial Desk
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SINGAPORE, July 29, 2025 /PRNewswire/ — Forrester (Nasdaq: FORR) today announced AIA Group as the winner of its 2025 Customer-Obsessed Enterprise Award for the Asia Pacific region. The award recognizes organizations that drive business success by putting customers at the center of their leadership, strategy, and operations. AIA Group will be honored at CX Summit APAC, being held in Sydney and digitally, on August 18, 2025.

AIA Group, a leading insurance provider in Asia, has been recognized for its successful transformation across 18 markets to deliver a seamless omnichannel digital customer experience. Through cross-functional collaboration, the company standardized its feedback collection process to respond to real-time insights, enhancing customer satisfaction. By reimagining customer journeys and interactions with agents and digital platforms, AIA now offers faster, more relevant, and personalized services for its customers.

“At AIA, our commitment to delivering exceptional customer experiences is at the heart of everything we do,” said Biswa Misra, Group Chief Technology and Life Operations Officer, AIA Group. “The EASE program — anchored in the principles of being Empathetic, Automated, Simple, and Engaged — has transformed how we operate. With strong executive sponsorship, agile governance, and customer-centric KPIs embedded at every level, we’ve created a culture where customer obsession drives performance. By leveraging real-time feedback, advanced analytics, and continuous training, we’re not just meeting expectations — we’re setting new standards for excellence in the insurance industry.”

“We congratulate AIA Group for winning Forrester’s Customer-Obsessed Enterprise Award in APAC,” said Dane Anderson, senior vice president of international research and product at Forrester. “The company is a leading example of how to embed customer centricity into every business decision, and not just isolated customer interactions, to drive tangible business success. We look forward to hearing their success story at CX Summit APAC 2025.”

Resources:

About Forrester

Forrester (Nasdaq: FORR) is one of the most influential research and advisory firms in the world. We empower leaders in technology, customer experience, digital, marketing, sales, and product functions to be bold at work and accelerate growth through customer obsession. Our unique research and continuous guidance model helps executives and their teams achieve their initiatives and outcomes faster and with confidence. To learn more, visit Forrester.com.

Guozi Robotics and TZ Group Build a Flagship End-to-End Intelligent Logistics Project for the Construction-Machinery Sector

By
Advertorial Desk
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HANGZHOU, China, July 29, 2025 /PRNewswire/ — China’s leading smart-manufacturing and intelligent-logistics provider, Guozi Robotics, has successfully delivered a cutting-edge intelligent production and logistics system for TZ Group’s greenfield factory. Nearly 200 robots of diverse types now automate the entire excavator production process and the logistics network, setting a new benchmark for the sector’s digital transformation.

The go-live eliminates long-standing pain points for TZ: high-mix/low-volume production and limited flexibility, by automating every step, from the start of the production to the final outbound shipment.

Production re-engineered: unlocking true flexibility
Guozi installed a multi-robot collaborative ecosystem:

  • Mobile-robot swarms at each station execute precise transfers via dynamic path planning.
  • A matrix of gantry robots, cobots, turnover units and other custom devices performs complex, high-mix operations without re-tooling delays.
  • Contact-free power rails guarantee 24/7 uptime.

Crucially, the project runs on Guozi’s self-developed Line-Side Control System (LCS) and MES, enabling seamless data integration between shop-floor devices and plant management.

Logistics reinvented: centimetre-level orchestration
In the three-dimensional distribution network Guozi created:

  • Materials are classified as large, medium, small and standard parts.
  • ANTS lifting AGVs, PICKING multi-layer robots and heavy-duty carriers automatically interface with racks, pallets and bins.
  • Guozi’s AI-driven RCS coordinates hundreds of AGVs with centimetre-level accuracy, supports multiple call-for-parts modes and pairs dynamic storage with smart picking—offering end-to-end visibility from warehouse to workstation.

Proven experience across the industry
Guozi’s heavy-duty robot family, ANTS and PICKING robots have already driven the smart production in lighthouse factories for Zoomlion, XCMG and Sany worldwide. The TZ Group project is the latest proof of Guozi’s ability to deliver comprehensive, future-ready smart-manufacturing and intelligent-logistics solutions for the construction-machinery industry.

ABOUT Guozi Robotics:
Guozi Robotics is committed to being a top-tier global mobile robotics company, focusing on innovating and applying cutting-edge core mobile robotics technology. Guozi’s product lineup, including intelligent inspection and logistics solutions, positions us as an industry leader in production capacity, product variety, and practical applications

ANTS & heavy-duty robots are operating on-site.
ANTS & heavy-duty robots are operating on-site.

 

NWTN Inc. to Hold 2025 Extraordinary General Meeting on August 12, 2025

By
Advertorial Desk
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DUBAI, UAE, July 29, 2025 /PRNewswire/ — NWTN Inc. (Nasdaq: NWTN) (the “Company” or “NWTN”), a Nasdaq-listed company headquartered in the UAE, today announced that it will hold its 2025 extraordinary general meeting of shareholders (the “Extraordinary General Meeting”) at Office 114-117, Floor 1, Building A1, Dubai Digital Park, Dubai Silicon Oasis, Dubai, UAE on August 12, 2025 at 3 p.m., local time. Shareholders can also participate in the Extraordinary General Meeting, vote, and submit questions via live webcast by visiting https://www.cstproxy.com/nwtn/2025. 

Holders of ordinary shares of record on the close of business on July 16, 2025 (the “Record Date”) or their proxy holders are entitled to vote at the Extraordinary General Meeting or any adjournment or postponements thereof. As of the Record Date, each Class A ordinary share is entitled to twenty-five votes, and each Class B ordinary share is entitled to one vote.

The Company proposed to (i) change the Company’s name from “NWTN Inc.” to “Robo.ai Inc.”, (ii) remove independent directors Alain Batty, Joseph Levinson, and Michael S. Cashel, and executive director Aaron Huainan Liao from the board of directors of the Company (the “Board”), (iii) appoint Yehong Ji as a new independent director of the Company, (iv) amend and restate the currently effective Second Amended and Restated Memorandum and Articles of Association of the Company by the deletion in their entirety and by the substitution in their place of the Third Amended and Restated Memorandum and Articles of Association to reflect the change of the Company’s name, and (v) authorize any one director or executive officer of the Company to take any and every action that might be necessary, appropriate or desirable to give effect to the foregoing resolutions as such director or executive officer, in his/her absolute discretion, thinks fit, including but not limited to, attendance on any filing or registration procedures for and on behalf of the Company in the Cayman Islands.

The notice of the extraordinary general meeting sets forth the resolutions to be submitted to shareholders of the Company for approval and other relevant information regarding the extraordinary general meeting and how to vote ordinary shares at the extraordinary general meeting.

INVESTORS AND SHAREHOLDERS ARE URGED TO READ CAREFULLY AND IN THEIR ENTIRETY THE MATERIALS FILED WITH OR FURNISHED TO THE U.S. SECURITIES AND EXCHANGE COMMISSION, AS THEY CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANY, THE CHANGE OF COMPANY NAME, AND RELATED MATTERS.

About NWTN Inc.

NWTN (Nasdaq: NWTN), a UAE-headquartered global intelligent technology company, focuses on smart mobility, smart manufacturing, and smart contracts. By integrating smart manufacturing with its global ecosystem platform, the Group is expanding its smart technology ecosystem across markets including MENA, Southern Europe, and beyond, driving sustainable development through technological innovation.

A Blueprint for Beauty: Meiyume Indonesia’s Interactive Showcase Brings Insights-driven Innovation to Life

By
Advertorial Desk
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HONG KONG, July 29, 2025 /PRNewswire/ — Meiyume, an ODM and OEM leader in the beauty industry, invites beauty brands to explore “Your Beauty Blueprint: From Insights to Impact,” an exclusive private showcase taking place on 5–6 August 2025 at its Indonesia manufacturing plant.

Meiyume - Your Beauty Blueprint: From Insights to Impact
Meiyume – Your Beauty Blueprint: From Insights to Impact

Designed as an interactive experience, the event offers beauty brands a firsthand look at Meiyume’s latest insights-led innovations across colour, skincare, bodycare, and more — powered by the Beauty Intelligence Platform (BIP). Attendees will explore Meiyume’s end-to-end capabilities in formulation, packaging, and turnkey manufacturing through trend presentations, live demos, and expert-led conversations.

2025 Innovation Collection:

Meiyume will introduce four targeted ranges designed to meet the evolving needs of beauty consumers across Southeast Asia — each thoughtfully crafted using trending ingredients and emerging claims identified through Meiyume’s BIP. These collections offer brands a springboard to develop relevant, on-trend products that meet today’s market expectations and consumer desires.

  1. Intercos x Meiyume: A curated range of trend-driven colour and skincare innovations, this collection marks the first official showcase since the strategic alliance between Intercos and Meiyume earlier this year. Featuring Halal-compliant, sensorial formulas, it is thoughtfully crafted for the Southeast Asian beauty consumer.
  2. Longevity: This targeted skincare range combines cutting-edge biotech with gentle, skin-compatible innovation to strengthen the skin barrier, promote resilience, and preserve a natural, radiant glow—before the first signs of ageing appear.
  3. NovaTouch: This thoughtfully developed body care collection is designed to support women through pregnancy and postpartum, combining science-backed and natural ingredients to deliver both safety and performance.
  4. BloomTots: This gentle, science-backed skincare and haircare range for babies and young children supports microbiome balance, barrier repair, and daily protection against environmental stressors.

The showcase also features GAIA, Meiyume’s latest packaging innovation that merges sophistication with sustainability, and HORISUN, a curated selection of trend-driven suncare packaging solutions. These collections are part of Meiyume’s library of stock innovations, each ready for customisation and commercialisation.

Beauty Intelligence Platform (BIP):

Meiyume’s 2025 ODM collection is guided by its proprietary BIP — a sophisticated AI system that analyses real-time data across product, packaging, and ingredient trends. This ensures every formulation is insight-led, relevant, and aligned with evolving consumer demands.

A Blueprint for Innovation

This is more than a product unveiling — it’s an immersive journey into Meiyume’s world of end-to-end beauty innovation. Through live demonstrations, expert presentations, and optional guided tours, attendees will experience how Meiyume supports brands from insight to execution.

From discovering the direction with data-led insights, to building the solution with trend-driven formulation and packaging, to powering the production through their global manufacturing network — this showcase invites beauty brands to envision how their next breakthrough can take shape.

Whether launching a new line or expanding an existing one, Meiyume invites brands to explore how we can bring their next beauty breakthrough to life. Interested visitors are invited to contact Meiyume for more information or to RSVP.

About Meiyume:

Meiyume is a global OEM, ODM and packaging leader in the beauty industry, providing smart end-to-end solutions that drive success for brands. With a focus on sustainability, innovation, and quality, Meiyume delivers exceptional value to beauty brands, big or small.

https://meiyume.com/
Jl. Raya Bogor KM 28, Jakarta 13710, Indonesia

Game On! Tencent Cloud’s EdgeOne Hackathon Is Here

By
Advertorial Desk
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Nearly US$20,000 Prize Pool and 100 Exclusive Rewards for Top Developers

Participants use Tencent Cloud EdgeOne to develop games; finalists to showdown for a 24-hour hackathon at Tencent‘s HQ in Shenzhen

SHENZHEN, China, July 29, 2025 /PRNewswire/ — Tencent Cloud, the cloud business of global leading technology company Tencent, today announced the launch of its EdgeOne Global Game Hackathon – a competition designed to ignite creativity and technical innovation among developers. Under the theme “SplitSecond Spark“, participants will embark on a serverless development challenge to develop lightweight web games using Tencent Cloud’s EdgeOne platform.

Tencent Cloud EdgeOne Global Game Hackathon
Tencent Cloud EdgeOne Global Game Hackathon

Tencent Cloud is the engine behind some of the world’s most popular and demanding online gaming experiences, such as Honor of Kings, Reverse 1999 and others, serving hundreds of millions of players across the globe in real-time. The hackathon draws upon this legacy, giving amateur developers and emerging talent the opportunity to build their own games using the same scalable infrastructure and powerful tools trusted by top game studios.

Unleashing Creativity Through a Unique Hackathon Experience

Open to participants globally, the EdgeOne Global Game Hackathon unfolds in two phases. The competition will undergo a first online preliminary round, followed by a second phase where finalists will be invited to Tencent’s headquarters in Shenzhen, China, for an in-person final round featuring a live pitch session. Participants are encouraged to form a team of up to three people. This format allows developers to showcase their creativity and technical skills while engaging with a global community of like-minded creators.

More than just a contest, the hackathon serves as a launchpad for growth, recognition, and connection within the global game development community. With a prize pool of nearly US$20,000 for the best game, the EdgeOne Global Game Hackathon offers a unique platform to showcase creativity, sharpen technical skills, and accelerate careers in the ever-evolving world of gaming.

Focusing on Immersive Web Game Experiences

During the online round, participants will design original web-based games using Tencent Cloud EdgeOne, a one-stop edge security acceleration platform. With EdgeOne, developers can easily build imaginative, high-performance games in a browser-native environment, enjoying fast loading, global reach, and worry-free security and acceleration services.

The challenge focuses on creating lightweight web-based games that focuses on web game experiences, where players interact with the environment or NPCs. Submissions will be evaluated based on creative design, storytelling, technical implementation of EdgeOne, and overall gameplay engagement. Developers are encouraged to explore a wide range of genres such as casual puzzles, action-adventure, strategy, and narrative-driven games. By emphasizing web-gameplay, the hackathon invites participants to craft simple yet immersive experiences that resonate deeply with players around the world.

Innovating with Popular Game IPs

Finalists will be invited to Shenzhen in September to compete in the final round. They will be challenged with reimagining globally popular game IPs through technical reconstruction and artistic reinterpretation. In just 24 hours, they will develop a lightweight web game, such as a casual mini-game, side story interaction or puzzle, based on selected IPs, showcasing their ability to blend storytelling with innovative gameplay.

Key Dates

Dates

Items

Now – August 11

Registration, development, and submission of projects

August 11

Submission Deadline

August 12 – August 17

YouTube popularity metrics deadline

August 19 – August 21

Announcement of finalists

September 15-18

In-person final round at Tencent Global Digital Ecosystem Summit 2025

Developer Carnival

Register today for the Tencent Cloud EdgeOne Global Game Hackathon and let your imagination run wild!

For more information and to sign up, visit here.

END

About Tencent Cloud

Tencent Cloud, one of the world’s leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT, and network security. It is our constant mission to meet the needs of industries across the board, including the fields of gaming, media and entertainment, finance, healthcare, property, retail, travel, and transportation.

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