• Vietnam leads Southeast Asia in financial confidence and readiness for major purchases, Visa survey
• With Visa Flex Credential, consumers can seamlessly choose how they pay, via credit, debit, and more, all on a single credential, redefining the future of payments

HCMC, VIETNAM – Media OutReach Newswire – 17 June 2025 – Visa (NYSE: V), a global leader in digital payments, announced the launch of Visa Flex Credential, offering new ways for consumers to manage and spend their money, with Asia Commercial Joint Stock Bank (ACB) becoming the first bank in Vietnam – and Southeast Asia – to offer this feature. Starting today, ACB Visa cardholders can seamless switch between debit and credit cards via the ACB One app. Similarly, Visa cardholders of Vietnam International Commercial Joint Stock Bank (VIB) will soon be able to experience VIB PayFlex – developed on the Visa Flex Credential technology platform – through the MyVIB app. By the end of 2025, additional issuers will expand Flex Credential to more Vietnamese consumers, enabling expanded use-cases.

According to Visa’s latest Green Shoots Radar survey[1], Vietnamese consumers, especially Gen Z and Millennials, lead Southeast Asia in financial confidence and ambition. Today’s young Vietnamese are prioritising investments in education (66%), healthcare (65%), electronics (63%), and travel (61%), showing a readiness to make big-ticket purchases and take control of their financial futures.

Visa Flex Credential is reimagining the credential for the next generation, designed to put the power of choice directly in consumers’ hands at every transaction – enabling them to opt for debit on daily purchases, credit for larger expenses, or even redeeming loyalty points when checking out, whether it’s for everyday essentials or a dream vacation.

“Visa is committed to empowering consumers with innovative solutions that put them in control of their financial future. Flex Credential is Visa’s breakthrough solution that enables the integration of multiple funding sources through a single card credential, providing cardholders with maximum flexibility to efficiently manage and utilize their payment forms. In specific markets such as the U.S. and UAE, Visa Flex Credential allows cardholders to choose to pay now or pay over time directly from the app, as well as access multiple currency accounts through a single credential – making cross-border payments simple and seamless. We are proud to bring this solution to Vietnam, making digital payments more accessible and contributing to Vietnam’s digital and financial inclusion and overall economic growth,” said Ms. Dung Dang, Visa Country Manager for Vietnam & Laos.

Mr. Nguyen Tam Khoa, Deputy Head of Consumer Division at ACB, shared: “The Flex Credential truly speaks for itself, elevating the customer experience to a new level. While there are quite a few similar solutions in the market, the Flex Credential stands out by meeting all customer needs, such as flexible payment source selection, a variety of transaction methods from offline to online, and the ability to choose from a wide range of suitable offers, all while ensuring independent, clear, and transparent spending management for each card.”

Visa first launched Flex in partnership with Sumitomo Mitsui Banking Corporation (SMBC) and Sumitomo Mitsui Card Company (SMCC), known as Olive, two years ago in Japan. Today, more than 5 million Olive account holders are benefitting from the Visa Flex Credential. The Olive card continues to outperform, with cardholder transactions averaging 40% higher than the national average in Japan over the past year. Visa and SMCC have expanded the Visa Flex Credential to support small businesses with the flexibility to switch between business and personal accounts using the same Olive card, enhancing access to credit and cash flow management.

Key features of Visa Flex Credential:

• Customisable payment options: Switch effortlessly between payment modes, such as debit, credit, prepaid, loyalty points etc. to suit different spending needs and having one credential for life.
• Advanced security protocols: Benefit from Visa’s latest security technologies to stay protected against fraud.
• Personalised insights and control: Use AI-driven insights to better manage your finances and spending habits.
• Unified payment experience: Manage all your financial transactions through a single, easy-to-use platform.

Visa and ACB are proud partners of Cashless Day 2025, demonstrating their commitment to promoting digital payment solutions in Vietnam. This collaboration further highlights their shared vision of fostering economic empowerment through innovative technology.

Hashtag: #Visa #VisaFlexCredential #DigitalEconomy

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

About Visa

Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.

Goodwill coverage for affected travel insurance customers includes extending claim submission period from 30 to 90 days to help customers better manage their travel disruptions

SINGAPORE – Media OutReach Newswire – 17 June 2025 – On 16 June 2025, Etiqa Insurance Singapore announced its commitment to supporting its travel insurance customers who have been affected by the impending closure of Jetstar Asia’s operations. Recognising the disruption and inconvenience this situation has caused for many travellers, Etiqa Insurance Singapore will extend coverage for eligible travel insurance customers with affected Jetstar Asia bookings. While airline cessation of operations is not typically covered by travel insurance policies, Etiqa Insurance Singapore is extending its coverage as a gesture of goodwill to alleviate the financial burden on its valued customers.

Etiqa Insurance Singapore customers who have purchased single-trip or annual travel insurance plans before 8.00 a.m. on 11 June 2025 can claim for non-refundable expenses related to pre-booked accommodation, local transportation, and activities during their trip, subject to applicable limits and criteria. To enhance customer support, the company has also extended the claim submission period from 30 to 90 days, allowing customers additional time to review their travel plans and submit their claims when they are ready.

“At Etiqa Insurance Singapore, we understand the stress and uncertainty that the impending Jetstar Asia closure has brought to customers. We hope this goodwill gesture helps ease challenges faced by those with disrupted travel plans,” said Raymond Ong, Chief Executive Officer, Etiqa Insurance Singapore. “We want to assure our customers that we remain committed to being ‘With You’ throughout their journeys, especially during unexpected situations. “Our team is committed to providing the support and assistance our customers need to manage their travel plans with confidence and peace of mind”.

Affected customers can contact Etiqa’s Customer Care Officers via WhatsApp / Call at +65 6887 8777 or email customer.service@etiqa.com.sg for assistance and/or clarifications on their coverage.

Hashtag: #EtiqaInsurance

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

About Etiqa Insurance Pte. Ltd. (Etiqa Insurance Singapore)

Protecting customers since 1961, Etiqa Insurance Singapore is a licensed life and general insurance company regulated by the Monetary Authority of Singapore (MAS) and governed by the Insurance Act 1966. The local insurer is the Singapore operating entity of Etiqa Insurance Group – a leading insurance and Takaful business in ASEAN offering life and general insurance and family and general Takaful products through its agents, branches, offices and bancassurance network in the region. Etiqa Insurance Singapore is rated ‘A’ by credit rating agency Fitch for the group’s ‘Favorable’ business profile and ‘Very Strong’ capitalisation.

Etiqa Insurance Singapore is owned by Maybank Ageas Holdings Berhad, a joint venture company that combines local market knowledge with international insurance expertise. The company is 69% owned by Maybank, the fourth largest banking group in Southeast Asia, and 31% by Ageas, an international insurance group with footprints across 16 countries and a heritage that spans over 190 years.

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 17 June 2025 – In trading, seizing opportunities and mitigating risks go hand in hand. Consistent success relies on a delicate balance between these two elements. To better understand how traders perceive and approach safety—both in daily life and during trading sessions—Octa, a trusted global broker since 2011, surveyed hundreds of market participants to gain insights into their mindset and behaviours.

In its global survey, Octa focused on exploring the relation between traders’ everyday habits and their security mindset. In its research, the broker covered traders from five countries: Indonesia, Malaysia, Singapore, South Africa, and Nigeria. Below are some insightful takeaways.

1. Transparency: important, yet hard to find

First of all, the respondents were asked whether they would rather choose a picturesque wild beach or a private lifeguarded one as a destination for their vacation. The vast majority of participants in all countries of the survey chose the second—more prudent—option.

Privacy and security are especially important for Nigerian traders: only 7% of them chose a beautiful wild beach, while the remaining 93% would rather spend their vacation in a lifeguarded location.

On the other hand, security is much less vital for Indonesians: 72% would prefer a more predictable, albeit less exciting destination, but as many as 28% don’t mind a little risk if it means getting more beauty and excitement.

This strong tendency towards safety and predictability reflect a structured, strategic mindset, which is absolutely essential for trading. Traders tend to value transparency—presumably, in everyday life as in trading. However, a significant part of the participants said they had come across hidden fees and commissions on the part of their broker—the ones not mentioned in the broker’s terms and conditions. For example, as much as 38% of Singaporean and Malaysian traders had encountered such unpleasant experiences on their journeys in the financial markets.

As a highly experienced broker, Octa is well aware of the high value traders attach to transparent trading conditions and security. For this reason, Octa prioritises transparency in its operation, acting under the motto ‘no hidden tricks, just honest trading’. For example, the broker offers a fast and highly efficient withdrawal procedure whose reliability is supported by multiple online reviews.

2. Structure and chaos: the eternal battle

According to the Octa broker’s survey, the vast majority of traders (between 81% and 92%, depending on the region) envisage their dream workplace as a well-organised and meticulously clean space that emits stability vibes. Indonesian traders value order in a workplace the most: 92% opted for a more organised option, while 8% said they prefer a beautiful and unique yet chaotic and less predictable working environment.

As with the previous question, these results show a strong tendency towards predictability and order. Given that, it is surprising that only 35% of Indonesian traders strictly schedule and plan their trading sessions, while 65% start them whenever they feel like it.

Other regions showed more willingness to plan trading sessions. In particular, South African and Nigerian traders seem the most organised in this respect, as 56% of survey participants reported dedicating a specific time of day to trading.

3. Risk management: a not-so-obvious advantage

Survey participants from all five countries responded very similarly when asked whether they pay their utility bills in advance or at the last minute. Between 84% and 87% of respondents declared they do their best to avoid falling into arrears and always pay their bills on time. The remaining 13–16% couldn’t be bothered to do it in advance, and often pay the bills at the last minute despite having no money issues. This goes to show that the majority of traders are disciplined individuals who value planning and strategising in their everyday lives.

However, when it comes to trading sessions, this emphasis on order and timeliness is less pronounced. Only 65-71% of respondents reported using stop-loss and take-profit orders regularly, keeping track of their equity level, and calculating potential financial outcomes before taking a position. 29–35% of survey participants said they use risk management tools only when attempting a hazardous trade. They usually trust their trading intuition to exit trades on time.

The majority of traders value order and timeliness in their everyday lives. However, when it comes to trading, many underestimate the importance of scheduling and proper risk management. As a highly experienced and globally trusted broker, Octa recommends approaching trading sessions in the same way as professional athletes approach their training. Don’t forget that in trading, as in professional sports, meticulous planning and discipline go a long way.

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Disclaimer: This article does not contain or constitute investment advice or recommendations and does not consider your investment objectives, financial situation, or needs. Any actions taken based on this content are at your sole discretion and risk, and we and Octa do not accept any liability for any resulting losses or consequences.

Hashtag: #Octa

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

Octa

Octa is an international CFD broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including improving educational infrastructure and funding short-notice relief projects to support local communities.

In Southeast Asia, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.

CHANGCHUN, CHINA – Media OutReach Newswire – 16 June 2025 – From June 12 to 15, FAW HONGQI unveiled its luxury vehicle lineup at the 2025 International Automotive and Supply Chain Expo(Hong Kong), showcasing its unique “Oriental Luxury” concept to the world. During the expo, HONGQI held the “Glory in Hong Kong, Shaping the Future Together” Golden Sunflower Exclusive Appreciation Event, which forged profound connections between HONGQI and local customers. With its outstanding products and rich brand heritage, HONGQI continues to expand the global influence of Chinese luxury brands.

Qiu Xiandong, Chairman of China FAW Group Co., Ltd. attended the opening ceremony of the 2025 International Automotive and Supply Chain Expo(Hong Kong) and the launch ceremony of the China Automotive and Supply Chain Enterprises Overseas Alliance, and delivered a speech. He stated that FAW Group aims to strengthen cooperation in industry, ecology, finance, and technological innovation, and is willing to partner with Hong Kong in creating a new legend.

The HONGQI Golden Sunflower series vehicles, representing the pinnacle of Chinese automotive craftsmanship—GUOYAO, GUOLI, GUOYA, and GUOYUE—profoundly demonstrate HONGQI’s mastery of design aesthetics, safety standards, and manufacturing quality. These vehicles became the center of attention at the event. The entire Golden Sunflower series of models demonstrates remarkable market appeal and injects strong momentum into HONGQI’s successful entry into Hong Kong.

At the 2025 International Automotive and Supply Chain Expo(Hong Kong), HONGQI unveiled a range of classic and modern models. The unveiling of precious models such as the HONGQI CA770, the right-hand-drive version of the CA770, and the CA72 carried the deep affection and cherished memories of several generations for China’s high-end automotive industry. The three models —H9, HQ9, and E-HS9—showcased HONGQI’s dedication to product excellence and technology development. Additionally, the HONGQI “TianNian NO.1” flying car became a major highlight of the auto show with its forward-looking technological concepts and innovative design.

In the next five years, HONGQI will launch over 20 new models globally, including new energy vehicles, fuel-efficient models, and Golden Sunflower series models. HONGQI is committed to delivering more high-quality vehicles that earn the trust of global consumers—driving Chinese automotive brands to new heights in the world.

Hashtag: #HONGQI

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

With a legacy of excellence, expertise, and a bold vision, Chubb Life HK is meeting rising demand for sophisticated, future-focused financial planning through bespoke legacy and wealth solutions

HONG KONG SAR – Media OutReach Newswire – 16 June 2025 – Chubb Life Hong Kong (Chubb Life HK) today launched its first wealth centre, Chubb 1792 Club, marking a pivotal moment in its insurance and wealth management journey. Located at The Gateway in Tsim Sha Tsui, a premier business and tourism district, Chubb 1792 Club aims to serve the increasing health and wealth needs of affluent customers and high-net-worth (HNW) individuals in Hong Kong as well as incoming visitors to the city.

The launch of Chubb 1792 Club marks a key milestone for Chubb Life as Hong Kong accelerates its ascent as a global insurance and wealth management powerhouse, attracting affluent and HNW customers and their assets. By the end of 2023, the asset and wealth management sector reached a remarkable HK$31.2 trillion, with 64% of assets sourced from non-Hong Kong residents. This acceleration is particularly evident in the life insurance sector, which saw record-breaking sales in 2024 as both local residents and Mainland Chinese visitors sought protection and wealth management solutions. Notably, Mainland Chinese visitors spent HK$62.8 billion in 2024 mainly on life, critical illness and medical policies, a 6.5% increase from the previous year, reinforcing the city’s potential to attract and manage wealth for affluent and HNW individuals.

The surge in demand for life and health related policies reflects Chubb Life’s key target audience of affluent and HNW customers. The company offers a comprehensive suite of tailored insurance solutions designed to meet the unique needs of its customers, including wealth preservation and intergenerational legacy management. In response to this growing demand, Chubb Life HK has expanded its portfolio with tailored insurance solutions, including its flagship Chubb MyLegacy Insurance Plan III, as well as Future Achiever Savings Plan II and Infinity Prestige Life Insurance Plan.

Belinda Au, President of Chubb Life Hong Kong and Head of North Asia, said, “The launch of Chubb 1792 Club represents a bold leap in our continued expansion in the wealth management space. It reflects our long-standing commitment to serving the evolving needs of customers with differentiated, high-touch solutions that go beyond traditional insurance.”

Chubb 1792 Club, a tribute to Chubb’s foundational year and legacy of excellence, will feature a nearly 10,000-square-foot signature lounge designed to deliver bespoke wealth management services and cultivate meaningful business opportunities, empowering affluent clients, brokers, and agents to build trusted relationships and enrich both their business and personal lives with every visit.

“Disclaimer: **Important Note**: This press release is intended to be distributed in Hong Kong only and shall not be construed as an offer to sell, solicitation or persuasion to buy or provision of any of insurance products outside Hong Kong.
Hashtag: #Chubb

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

About Chubb

Chubb is a world leader in insurance. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb employs approximately 43,000 people worldwide. Additional information can be found at: www.chubb.com.

HONG KONG SAR – Media OutReach Newswire – 16 June 2025 – Chubb Life Hong Kong (Chubb Life HK) today unveiled its first wealth centre, Chubb 1792 Club, marking a pivotal moment in its insurance and wealth management journey. Located at The Gateway in Tsim Sha Tsui, a premier business and tourism district in Hong Kong, Chubb 1792 Club aims to serve the increasing health and wealth needs of affluent customers and high-net-worth individuals in Hong Kong and visitors to the city.

The launch of Chubb 1792 Club marks a key milestone for Chubb Life HK as the city cements its position as a global insurance and wealth management powerhouse, attracting affluent and high-net-worth customers with a wide range of innovative insurance and financial offerings. By the end of 2023, the asset and wealth management sector in Hong Kong reached HK$31.2 trillion (US$3.97 trillion), with 64% of them sourced from non-Hong Kong residents. The growth trend is particularly evident in the life insurance sector, which saw record-breaking sales in 2024 as both local residents and mainland Chinese visitors sought protection and wealth management solutions. Notably, mainland Chinese visitors spent HK$62.8 billion(US$8 billion) in 2024, mainly on life, critical illness and medical policies—a 6.5% increase from the previous year.

Spanning nearly 10,000 square feet, Chubb 1792 Club is thoughtfully designed to encourage meaningful engagement through art. With a longstanding history of safeguarding possessions, lives, and heritage through comprehensive insurance solutions, Chubb Life HK is committed to preserving the enduring value of what matters most.

Chubb 1792 Club extends the company’s commitment to enhancing customer experiences through a thoughtfully curated space showcasing art pieces by local and international artists. Over the past two years, the company launched a Chubb Life Art Gallery and expanded its partnership with Art Basel Hong Kong and M+ Museum as part of its ongoing effort to support the art community.

Curated by ART021 Group, China’s largest contemporary art fair group, Chubb 1792 Club features a selection of artworks by eight artists: Yang Yongliang, Desmond Leung Kar Hao, Stephen Wong Chun Hei, Wolfgang Tillmans, Annie Morris, Abraham Lacalle, Long Quan, and Lu Pingyuan.

Belinda Au, President of Chubb Life Hong Kong and Head of North Asia, said, “Chubb 1792 Club is an extraordinary space that embodies our commitment to offering experiences that serve the evolving needs of affluent and high-net-worth customers. We are proud to offer a unique platform that blends wealth expertise with cultural storytelling, empowering our customers, partners, and communities to build lasting legacies.”

The design of the Chubb 1792 Club draws from the theme of water, symbolising vitality and connection while honouring Chubb’s maritime heritage. Elements of water – the gentlest existence between heaven and earth, shapeless yet shaping all things, silent yet telling countless stories flows through the space, presenting a narrative about water, life, and protection. Fluid architectural forms echo the ebb and flows of the sea, while nautical design cues such as structural curvature reinforce a seamless connection to the brand’s maritime legacy.

Hashtag: #Chubb

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

About Chubb

Chubb is a world leader in insurance. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb employs approximately 43,000 people worldwide. Additional information can be found at: www.chubb.com.

About ART021 GROUP

Founded in 2013, ART021 GROUP currently owns ART021 SHANGHAI Contemporary Art Fair, ART021 BEIJING Modern & Contemporary Art Fair, DnA SHENZHEN Design & Art Fair, ART021 HONG KONG Contemporary Art Fair and MOJO FEST, alongside 21 EDITION and C21 CAFE. As China’s largest contemporary art fair group, ART021 GROUP are committed to building a professional and diverse platform for global galleries, artists, collectors, and art lovers. The network of fairs aims to cultivate China’s local art ecosystem while fostering dialogue with the international art scene.