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Philippines’ First Megawatt-Scale Floating Solar Plant Successfully Connected to the Grid

HEFEI, China, Aug. 25, 2025 /PRNewswire/ — In active response to the Philippines’ energy transition strategy, Black & Veatch, a global leader in energy and infrastructure, has successfully completed the country’s first megawatt-scale floating solar power plant at the Malubog Reservoir in Cebu City. The project, fully equipped with Sungrow FPV’s floating solar system solutions, supplies clean and stable power to the Carmen Copper mining site, contributing to the Philippines’ national target of achieving a 35% renewable energy share by 2030.


With a total capacity of 4.99 MW, the plant’s electricity is entirely for self-consumption, meeting around 10% of the mine’s energy demand.

Highlights of Sungrow FPV’s floating solar system:

  • Robust Wind Resistance: Located in an area prone to strong winds and extreme weather, the project was engineered with a special anti-wind and wave design based on an ultimate wind speed of 75 m/s, enhancing the system’s impact resistance by 50%. It passed fatigue tests of over one million cycles, far exceeding the industry benchmark of 100,000 cycles. An elastic mooring system effectively absorbs and dissipates wave energy, ensuring long-term stability.
  • Superior Anti-Corrosion Performance: An innovative composite coating scheme was applied for anti-corrosion protection. The system withstood 4,200 hours of the harshest CX-class environmental testing and showed no changes after over 18,000 hours of real-world marine exposure, effectively addressing the project’s corrosion challenges.

Floating solar plants save valuable land resources and offer high generation efficiency, making this project a key step in the Philippines’ mining sector’s green transition. From solution design and installation to grid connection and commissioning, the Sungrow FPV service team provided end-to-end technical support and rapid response, ensuring smooth project completion.

Sungrow FPV will continue to drive innovation and deepen collaboration with global partners to deliver more benchmark projects and accelerate the path toward a greener, more efficient renewable energy future.

About Sungrow FPV

Sungrow Floating PV is a key high-tech enterprise dedicated to providing floating PV system solutions, focusing on providing ecologically friendly, reliable, and efficient Floating PV system solutions. With the vision of “to be the global navigator of FPV”, its persistent pursuit is to provide high-yield one-stop services and lead the environmentally friendly development of floating PV.

Learn more at http://en.sungrowfpv.com/ 

Golfin Welcomes MEXC as Title Sponsor of “MEXC Ventures Global Golf Masters supported by GOLFIN”

SINGAPORE, Aug. 25, 2025 /PRNewswire/ — Golfin proudly announces the launch of the “MEXC Ventures Global Golf Masters supported by GOLFIN,” the world’s first real-world golf tournament uniting top Crypto and AI projects. Global cryptocurrency exchange MEXC joins as Title Sponsor. The tournament will take place on September 30, 2025, at the prestigious Sentosa Golf Club in Singapore, as a side event of TOKEN2049, Asia’s largest Web3 conference.

Golfin Welcomes MEXC as Title Sponsor of “MEXC Ventures Global Golf Masters supported by GOLFIN”
Golfin Welcomes MEXC as Title Sponsor of “MEXC Ventures Global Golf Masters supported by GOLFIN”

Event Highlights

Teams from leading Web3 and AI projects including founders, developers, and marketing leaders will compete in a high-stakes golf showdown. Fans worldwide can join the excitement by posting predictions on X, transforming passive viewers into active participants.

Over $200,000 in Rewards

A total prize pool of $200,000 in USDC will be distributed through community-driven prediction campaigns.

How to participate:

  • Follow participating project accounts
  • Post predictions (winners, longest drive, closest to pin)
  • Bonus: A hole-in-one unlocks a 1 BTC prize, shared among eligible fans

With a simple “follow, post, and win” format, the campaign is designed to boost engagement and visibility, with a projected reach of up to 1 million users and 50M+ impressions.

With MEXC as Title Sponsor, Golfin aims to bring Web3 communities together through the power of sports, competition, and global connection.

About Golfin

Golfin is the world’s first Golf2Earn platform, merging real-world golf with Web3. Players earn digital assets by playing golf, collecting NFTs, and leveling up avatars through GPS-based gameplay. Golfin connects players across tournaments, PvP, and social campaigns bringing Web3 to the fairway.

Golfin’s native token, GON, is officially listed on both MEXC and BICONOMY, expanding its utility and accessibility across global markets.

Event Details | Official Website | iOS App | Android App

About MEXC

Founded in 2018, MEXC is a global cryptocurrency exchange serving over 40 million users in 170+ countries. Known for trending tokens, low fees, and daily airdrops, MEXC makes crypto trading easy, secure, and accessible for all.

MEXC Official WebsiteX | Telegram |How to Sign Up on MEXC

Laos Launches New Parenting Tool Application for Early Childhood Development

Laos Launches New Parenting Tool for Early Childhood Development

UNICEF – On 22 August, the Lao Women’s Union and United Nations Children’s Fund (UNICEF) launched “Luem Ton Di” (Good Starts) mobile application, the Lao adaptation of Vroom, a modern parenting tool developed by the Bezos Family Foundation.

Worldgate Proposes to Change Company Name to “VSING”, Embarking on Journey on Interactive Entertainment Business

VSING Central Flagship Store Officially Opens in Central


HONG KONG SAR – Media OutReach Newswire – 25 August 2025 – Worldgate Global Logistics Ltd (“Worldgate” or the “Company”, together with its subsidiaries, the “Group”; HKEx: 8292) proposes to change the name of the Company to “VSING Limited”, in order to establish a new corporate image and identity, as well as to better reflect the business focus and strategic direction of future development of the Company’s interactive entertainment business. The Board of Directors believe that the proposed name change will not affect the Group’s business nature, daily business operations and its financial position. The proposed change of name is conditional upon the passing of a special resolution by the shareholders at the extraordinary general meeting.

VSING Central, the first VSING venue with a pioneering four-sided immersive karaoke stage, redefining live entertainment with 360-degree “surround visual” experiences

As part of the Group’s dedication to expanding VSING’s footprint, its brand new VSING Central flagship store has officially commenced operations on 20th August in Lan Kwai Fong, Central, Hong Kong’s prime nighttime entertainment district. Featuring VSING’s first pioneering four-sided immersive karaoke stage, the flagship store serves as a strategic platform to revitalise the city’s nightlife and live performance culture, as well as to showcase the future of live and interactive entertainment worldwide.

As the Group’s flagship showroom, VSING Central presents a four-sided center stage surrounded by giant LED screens on the ceiling, walls, and stage fascia, creating a 360-degree “surround visual” experience that immerse both performers and audiences in stunning, real-time visuals. This is further elevated by multi-directional stage effects designed to synchronise with performances, producing a concert-like atmosphere normally reserved for arena tours. The venue doubles as a professional-grade platform for mini concerts, live showcases, private performance, and even international and nationwide tournaments, giving rising talents the opportunity to perform in a premium setting.

Mr. Steve Ngu, Chairman of Worldgate, says, “We are dedicated to proactively expanding its local and global presence. The opening of VSING Central represents the ideal deployment model of a VSING-powered venue, demonstrating the cutting-edge integration of hardware, software, and live entertainment production to the world. It also reaffirms our commitment to provide everyone with a unique stage to confidently showcase their talents and have their voices heard worldwide. By bringing like-minded individuals together, our innovative technology fosters genuine human connections.”

Prior to the opening of VSING Central, the Group has recently formed a strategic alliance with two prominent subsidiaries of GENDA Inc. (Tokyo Stock Exchange: 9166.JP), Japan’s leading publicly listed entertainment conglomerate, and established its first flagship store, VSING Shibuya, in the vibrant heart of Tokyo’s Shibuya district earlier this month. Looking ahead, VSING plans to expand at least 10 new stores a month, with a goal of reaching 100 locations globally and reaching 500,000 users by the end of this year.

Click here to download the HD photos.
Hashtag: #Worldgate #VSING #VSINGCentral #GrandOpening

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

Worldgate Global Logistics Ltd

Worldgate is a well-established integrated logistics solution provider in Malaysia and Hong Kong principally engaged in providing international freight forwarding and logistics services, with a primary focus on air/sea freight forwarding and related services, trucking and warehousing to customers worldwide, manufacturing and sale of plastic products in Vietnam and trading of used mobile phones.

VSING

Founded in 2019, VSING is dedicated to providing a platform for individuals to express themselves and have their voices heard, while leveraging technology to connect like-minded talents and foster authentic human connections. VSING is committed to discovering and nurturing emerging vocal talents, helping them pursue their dreams. Currently, VSING has presence in 12 regions and 37 cities worldwide, including Mainland China, Hong Kong, Taiwan, Japan, Thailand, the United States, Canada, and Australia. Its dedicated mobile application has surpassed 300,000 downloads.

Malaysia Launches Ryt Bank — The World’s First AI-Powered Bank

KUALA LUMPUR, Malaysia, Aug. 25, 2025 /PRNewswire/ — Just ahead of Merdeka, Malaysia has made history with the launch of Ryt Bank, The World’s First AI-Powered Bank created by Malaysians, for Malaysians. Led by YTL Group in partnership with Sea Limited, Ryt Bank marks a bold leap into the nation’s digital future – combining world-class AI innovation with the values, languages, and lifestyles that define Malaysia.

Ryt Bank World's First AI-Powered Bank
Ryt Bank World’s First AI-Powered Bank

Ryt Bank demonstrates that groundbreaking innovation can be imagined, built, and led right here in Malaysia. By combining homegrown AI with the values and diversity of our people, we’ve created a bank that Malaysians can proudly call their own one that speaks our languages, understands our culture, and sets a new standard for how banking should feel.” – Dato’ Seri Yeoh Seok Hong, Managing Director, YTL Power International.

Banking Designed Around Malaysians

With in-app access in Bahasa Malaysia and English, with Mandarin available by September 2025, Ryt Bank makes banking truly inclusive, ensuring every Malaysian can bank with ease in the language they know best. This multilingual approach bridges cultures and communities, making money management accessible, personal, and intuitive, so every feature feels familiar, human, and secure.

Meet Ryt AI Your Intelligent, Secure Banking Assistant

At the heart of Ryt Bank is Ryt AI, an always-on banking assistant powered by ILMU, Malaysia’s first homegrown large language model. Ryt AI understands natural conversation – whether Bahasa Malaysia, English, or even Manglish – and can act instantly on everyday banking needs. From reading and paying bills to tracking spending and explaining financial basics in simple terms, Ryt AI brings together convenience, cultural fluency, and enterprise-grade security.

Built to solve real needs in one seamless app

Ryt Bank brings every part of your financial life together, from saving and earning daily interest, to getting instant credit – It speaks your language, understands your needs, and gives you the tools to manage, grow, and access your money:

1.Smarter, Personal Banking with Ryt AI
Ryt AI puts personalisation at its core, adapting to your habits, preferences, and language to make every interaction intuitive, familiar, and effortless.

  • Pay your way – Chat naturally via text to send money or transfer funds via DuitNow and pay bills instantly.
  • Snap, upload & pay – Works with utility bills, receipts, and over 20,000 billers via JomPAY.
  • Learn as you bank – From savings guides to finance basics, explained simply in the way Malaysians speak, making financial literacy accessible to everyone.
  • Secure & seamless – Every action is verified and encrypted before it’s done.
  • Special launch reward – Try Ryt AI and get up to RM5.

2. Grow Your Money, Effortlessly
Savings that support both your everyday needs and future plans.

  • Earn interest up to 4% p.a., paid daily into your account.
  • No lock-in. Just daily growth.

3. *Ryt PayLater – credit for your everyday 

  • Instant credit up to RM1,499 to start.
  • No documents. No late fees.
  • 0% interest when paid within the first month.
  • Earn 1.2% cashback on DuitNow QR payments.
  • 2X cashback with participating ecosystem partners such as Yes stores.
    *Eligibility check applies

4. Spend Anywhere with the All-in-One Ryt Card      
Switch between debit and credit instantly in the app & and enjoy global acceptance powered by Visa.
For a limited time, customers can enjoy a special edition Ryt Card design and get their card for free. 

  • Unlimited 1.2% cashback overseas.
  • Zero foreign transaction fees.
  • Zero ATM withdrawal fees nationwide.
  • Exclusive partner rewards — enjoy an RM8 Shopee voucher when you pay with your Ryt Card and savor 20% off dining at YTL Hotels restaurants. More to come.

Safe, Licensed, and Trusted

Ryt Bank is licensed by Bank Negara Malaysia, with your money protected by PIDM (up to RM250,000 per depositor). Our advanced security features include biometric login, multi-layered encryption, and real-time fraud alerts.

A Proud Malaysian Innovation

Ryt Bank is more than a financial product. It’s a symbol of Malaysia’s capability to innovate for its own people. Download Ryt Bank today from the App Store or Google Play and experience smarter banking, your way.

Instagram: @rytbankmy
HYPERLINK https://instagram.com/rytbankmy Facebook: Ryt Bank
Website: www.rytbank.my

About Ryt Bank

Ryt Bank is The World’s First AI-powered bank, led by YTL Group in partnership with Sea Limited. Committed to inclusive innovation, Ryt Bank blends technology with cultural intelligence – making banking simpler, smarter, and more secure for every Malaysian.

ASTRI Summer Internship Programme Nurtures I&T Talents

Develop Smart Technologies from Scratch

HONG KONG, Aug. 25, 2025 /PRNewswire/ — The Hong Kong Applied Science and Technology Research Institute (ASTRI) concluded its Summer Internship Programme on 15 August.  A total of 38 interns from top-tier universities worldwide, selected from 2,500 applicants, have successfully completed an enriching eight-week work experience.

“At ASTRI, we are committed to nurturing young talent and driving innovation forward,” said Ir Dr Ted Suen, Chief Executive Officer of ASTRI. “I’m delighted to see how the internship programme has inspired these bright minds to embark on their innovation and technology (I&T) journey in this vibrant city after graduation.” 

Industry Engagement

During the programme, ASTRI’s talent acquisition team organised a series of events, including a CTO Dialogue, two “Tech Talk” seminars, a presentation skill training workshop, company visits and networking sessions. These activities offered interns valuable exposures to industry experts and insights into Hong Kong’s I&T ecosystem.

Visits to organisations such as Bank of China (Hong Kong), Cyberport, Hewlett Packard Enterprise, Hong Kong Monetary Authority, IBM and HKSTP Experience Centre provided a comprehensive understanding of the industry landscape.

Funded by the STEM Internship Scheme under the Innovation and Technology Fund of the Innovation and Technology Commission, the programme paired interns with senior researchers to work on hands-on research and development (R&D) projects. These projects spanned diverse areas, including AI-powered solutions, digital health, FinTech, green technologies, robotics and more.

Smart Technologies for Greater Good

Darshbir Singh Kohli developed a real-time monitoring system to track environmental conditions and optimises inverter efficiency. His projects contribute to the development of a solar-powered bi-directional DC-AC inverter and EV charging station, advancing smarter energy management and sustainability.

A first-year engineering student at the Hong Kong University of Science and Technology, Darshbir shared, “I felt deeply motivated knowing that my work could make a tangible impact on improving the environment and achieving carbon neutrality.”

Russell Lam, a second-year life science student at the University of Toronto, contributed to the development of an electronic nose system to classify food waste based on gas profiles. He conducted rough trials, determined the concentration range for spoilage gases, and experimented with flow and diffusion sensor systems.

This low-cost energy solution efficiently sorts food waste for reuse in energy production or animal feed, promoting sustainable waste management. Reflecting on the internship, Russell said: “The opportunity to develop the electronic nose system from concept to prototype taught me the importance of considering both technical feasibility and practical implementation in innovation.”

AI-powered Financial Solutions

Heison Cheung addressed financial fraud by creating a font recognition model to detect fake bank statements. Using real data and a convolutional neural network, he developed a system capable of identifying unusual font styles, even detecting subtle variations that might escape human notice.

A second-year data science and analytics student at the Hong Kong Polytechnic University, Heison described his experience as transformative: “Working at ASTRI has been one of the most rewarding experiences of my academic journey. I had the opportunity to apply my knowledge to real-world problems, contribute to meaningful solutions, and learn from seasoned professionals.”

Photo Downloadhttps://bit.ly/3JEUouo

 

About ASTRI

Hong Kong Applied Science and Technology Research Institute (ASTRI) was founded by the Government of the Hong Kong Special Administrative Region in 2000 with the mission of enhancing Hong Kong’s competitiveness through applied research. ASTRI’s core R&D competence in various areas is grouped under five Technology Divisions: Advanced Electronic Components and Systems; Artificial Intelligence and Trust Technologies; Communications Technologies; Intelligent Perception and Control Technologies, and IoT Sensing and AI Technologies. It is applied across six core areas which are Smart City, Financial Technologies, New Industrialisation and Intelligent Manufacturing, Digital Health, Application Specific Integrated Circuits and Metaverse.

Over the years, ASTRI has nurtured a pool of research, I&T talents and received numerous international awards for its pioneering innovations as well as outstanding business and community contributions. ASTRI has transferred close to 1,600 technologies to the industry and has been granted about 1,200 patents in the Mainland, the United States, and other countries. For further information, please visit www.astri.org

Ascentium and INSEAD Forge Partnership to Launch Bespoke Leadership Development Programme

SINGAPORE, Aug. 25, 2025 /PRNewswire/ — Ascentiuma leading global business services platform headquartered in Singapore, is proud to announce the signing of a Memorandum of Understanding (MoU) with INSEAD, one of the world’s foremost and largest graduate business schools, to launch the inaugural Ascentium-INSEAD Leadership Development Programme. This bespoke initiative is designed invest in our leadership within Ascentium, underscoring the company’s commitment to building a resilient leadership pipeline.

The full-time residential programme, tailored specifically for Ascentium’s C-suite executives, will take place from 25–29 August 2025 at the INSEAD Asia Campus in Singapore. It will bring together top talents identified for their potential to assume senior business roles.

The curriculum, developed in collaboration with INSEAD’s Global Private Equity Initiative (GPEI), focuses on the theme “The Strategic Leader – Shaping Private Equity Success”. Participants will engage in immersive workshops, simulations, and case studies covering topics such as strategic growth in a VUCA (Volatility, Uncertainty, Complexity, and Ambiguity) world, stakeholder expectations, and innovation in tech and AI.

“As we navigate the complexities of the Fourth Industrial Revolution, marked by rapid technological change and macroeconomic uncertainty, our partnership with INSEAD is a strategic step to future-proof our leadership,” said Lennard Yong, Founding Management & Group CEO of Ascentium. “Many corporations aspire to put people first, but at Ascentium, we turn that aspiration into action. By investing in our top leadership and sponsoring a residential programme at INSEAD, we empower our global talent to achieve competitive excellence.”

“Ascentium is a fascinating company. Only recently born, it already has achieved outstanding growth, despite operating in a highly competitive and mature industry with formidable competitors. Ascentium’s leaders have a clear vision and strategy to achieve it, as well as a proven track record in doing so,” said Professor Philipp Meyer-Doyle, Programme Director for Ascentium, INSEAD. “I am truly impressed by Ascentium’s dedication to investing and developing its human capital resources which is outstanding in an industry that is often dominated by margins and short-term oriented mindsets. We look forward to our partnership with Ascentium, to these customised programmes, and to helping Ascentium scale greater heights.”

The Ascentium-INSEAD Leadership Development Programme is the first step in a multi-year partnership that reflects Ascentium’s long-term commitment to professional development. It marks a milestone in the company’s journey to build a culture of excellence, ambition, and stewardship, and is testament to the belief that investing in people is investing in the future.

(From left to right) Professor Sameer Hasija, Dean of Asia Campus and Dean of Executive Education, INSEAD & Lennard Yong, Founding Management & Group CEO of Ascentium
(From left to right) Professor Sameer Hasija, Dean of Asia Campus and Dean of Executive Education, INSEAD & Lennard Yong, Founding Management & Group CEO of Ascentium

About Ascentium

Ascentium is a leading global business services platform dedicated to helping businesses scale greater heights. Headquartered in Singapore, we empower extraordinary growth through specialised expertise and comprehensive one-stop solutions in corporate services, finance and accounting, HR services, and fiduciary and trust services. Our team of 2,300+ professionals spans 45 cities across 23 markets in Asia-Pacific, the Middle East, the Americas, and Europe, serving 50,000+ client entities across diverse industries. Through innovative, technology-enabled solutions and a collaborative approach, Ascentium drives transformative growth, helping clients navigate complex global environments.

For more information, please visit ascentium.com.

About INSEAD

As one of the world’s leading and largest graduate business schools, INSEAD brings together people, cultures and ideas to develop responsible leaders who transform business and society. Our research, teaching and partnerships reflect this global perspective and cultural diversity. Our global perspective and unparalleled cultural diversity are reflected in our research, teaching, partnerships; as well as in our alumni network of over 71,000 members spanning 172 nationalities.

With locations in Europe (France), Asia (Singapore), the Middle East (Abu Dhabi), and North America (San Francisco), INSEAD’s business education and research spans four regions. Our 160 renowned Faculty members from 38 countries inspire more than 1,500 degree participants annually in our Master in ManagementMBAGlobal Executive MBA, Specialised Master’s degrees (Executive Master in Finance and Executive Master in Change) and PhD programmes. In addition, more than 18,000 executives participate in INSEAD Executive Education programmes each year.

INSEAD continues to conduct cutting-edge research and innovate across all our programmes. We provide business leaders with the knowledge and awareness to operate anywhere. Our core values drive academic excellence and serve the global community as The Business School for the World.

UAB Qbit Financial Service Lawsuit Officially Dismissed by U.S. Court — Case Closed Without Findings of Wrongdoing

NEW YORK, Aug. 25, 2025 /PRNewswire/ — UAB Qbit Financial Service, a Lithuanian financial services provider, has recently issued an official clarification regarding certain media reports about a lawsuit involving the company. Previous online claims suggesting that UAB Qbit Financial Service was involved in a so-called “pig butchering” cryptocurrency scam are outdated and false. In fact, the lawsuit was formally dismissed by the U.S. District Court for the Northern District of California on June 13, 2025, with the court explicitly confirming that UAB Qbit Financial Service engaged in no wrongdoing.

Court Ruling: Case Permanently Closed

After review, the U.S. court confirmed that UAB Qbit Financial Service committed no wrongdoing. Plaintiff Michael Mashkevich and the company signed a Joint Stipulation of Dismissal with Prejudice, permanently closing the case. Under U.S. law, a “dismissal with prejudice” means the case is conclusively resolved and the plaintiff cannot refile based on the same facts.

In addition, the California lawsuit also referenced a separate 2023 case involving Bytechip, which shares the same Cayman parent company as UAB Qbit Financial Service but operates as a completely separate entity with independent core businesses. This reference was included because the plaintiff attempted to link the two companies during the litigation. However, according to court documents, the Bytechip case had already been concluded prior to this litigation, and the court did not find any impropriety or fault in Bytechip’s handling of the funds.

Regarding online content referring to the “UAB Qbit Financial Service lawsuit” or “pig butchering” allegations, the company reminds the public that these articles were published during the litigation process, do not reflect the final outcome, and are inconsistent with the current facts. The case has now been formally dismissed by the U.S. court, with the ruling further confirming UAB Qbit Financial Service’s compliance with applicable regulations. The company reserves the right to take legal action against the dissemination of false information.

As a financial services provider, UAB Qbit Financial Service adheres to the highest international standards of compliance and anti-money laundering (AML) protocols, continuously strengthening its risk management framework to protect the safety of client funds and business operations worldwide.