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Asia trade set for continued growth despite challenging global business environment, reveals DHL Trade Atlas 2025

  • India, Vietnam, Indonesia, and the Philippines are forecast to lead in both speed and scale of trade growth from 2024 to 2029
  • South Asia and Southeast Asia regions set to achieve fastest trade volume growth from 2024 to 2029
  • Asia remains central to global production networks, as the region benefits from supply chain diversification strategies
  • Global trade recovered in 2024 and is forecast to grow faster over the next five years than during the preceding

SINGAPORE – Media OutReach Newswire – 14 March 2025 – DHL and the New York University Stern School of Business have released the latest DHL Trade Atlas 2025, providing a comprehensive analysis of the most important trends in global trade. The report reveals that Asia’s trade outlook remains positive, mirroring global trade, which is forecast to grow faster over the next five years compared to the preceding decade. In fact, a few countries in Asia – India, Vietnam, Indonesia and the Philippines – are expected to see especially strong growth. The South Asia as well as Southeast Asia regions are also set to outperform other regions in terms of trade growth.

DHL Trade Atlas 2025 reveals Asia trade set for continued growth
DHL Trade Atlas 2025 reveals Asia trade set for continued growth

“As we look towards the future of trade in Asia, it’s clear how trade growth has proven surprisingly resilient in the face of recent disruptions. With the ongoing diversification of supply chains that continues to reshape the commerce landscape, Asia has steadfastly emerged as a key player in the global market,” said Ken Lee, CEO – Asia Pacific, DHL Express. “However, we must approach this promising outlook with a measured perspective, recognizing the uncertainties and volatility that continue to characterize the global business environment. As businesses diversify supply chains, it is essential they stay innovative in their strategy and proactive in seeking out new routes to growth.”

New leaders in trade growth: India, Vietnam, Indonesia, and the Philippines

Between 2024 and 2029, four countries in Asia are forecast to rank among the top 30 for both speed (growth rate) and scale (absolute amount) of trade growth: India, Vietnam, Indonesia, and the Philippines.

In the next five years, India is anticipated to retain its third-place rank on the scale dimension as well as jump 15 spots to the 17th position on the speed dimension as its compound annual trade volume growth rate rises from 5.2% to 7.2%. Additionally, India may also deliver 6% of the world’s trade growth, behind China (12%) and the United States (10%).

The prospects of Vietnam, Indonesia and the Philippines are bright as they have displayed substantial potential to benefit from supply chain shifts and diversification strategies. Vietnam is expected to maintain a 6.5% compound annual trade volume growth rate over the 2024-2029 period and promote one position to rank fifth on the scale dimension. Indonesia is predicted to retain its 12th place on the scale rankings, while rising from 33rd to 25th in the speed rankings. More notably, the Philippines is set to leap 114 positions to rank 15th on the speed dimension, and rise from 68th to 30th on the scale dimension.

South Asia and ASEAN to produce faster growth rates than other regions

South Asia and the ASEAN regions are forecasted to deliver the fastest trade volume growth among major world regions from 2024 to 2029 with CAGR of 5.6% and 5.0%, respectively. In fact, trade growth is also expected to accelerate substantially compared to the previous five-year period in these regions. Other regions such as North America and Europe are forecast to grow at rates of 2.7%.

The DHL Trade Atlas also finds that the center of gravity of world trade has shifted. The shares of trade conducted by the world’s major geographic regions has changed since 2000, with the most dramatic change observed in Asian economies. Between 2000 and 2024, the share of world trade borne by South & Central Asia rose from 2% to 5%. However, a major region like Europe saw its share of world trade decrease from 41% to 36% for the same period.

New record in long-distance trade as Asia becomes central to global production networks

Despite widespread interest in nearshoring and producing goods closer to customers, the DHL Trade Atlas 2025 demonstrates that trade has not become more regionalized overall. Actual trade flows indicate the opposite trend. In the first nine months of 2024, the average distance traversed for all traded goods reached a record 5,000 kilometers, compared to just over 4,500 kilometers in 2000. This development can be attributed to the fact that Europe and North America have increasingly traded with Asia, as “Factory Asia” becomes central to global production networks.

Faster global trade growth compared to the previous decade

Recent forecasts predict goods trade will grow at a compound annual rate of 3.1% from 2024 to 2029. This roughly aligns with GDP growth and represents modestly faster trade growth compared to the previous decade. Even if the new U.S. administration implements all of its proposed tariff increases and other countries retaliate, global trade is still expected to grow over the next five years – but at a much slower pace.

“While threats to the global trading system must be taken seriously, global trade has shown great resilience because of the large benefits that it delivers for economies and societies,” said Steven A. Altman, Senior Research Scholar and Director of the DHL Initiative on Globalization at NYU Stern’s Center for the Future of Management. “While the U.S. could pull back from trade – at a significant cost – other countries are not likely to follow the U.S. down that path because smaller countries would suffer even more in a global retreat from trade.”

The DHL Trade Atlas 2025

The DHL Trade Atlas 2025 features a wealth of data-driven insights and analysis on global trade and its prospects. It is an up-to-date resource for business leaders, policymakers, educators, students, media, and the interested public. It includes concise one-page profiles summarizing the trade patterns of nearly 200 countries and territories that comprise over 99% of world trade, GDP, and population.

The free interactive content available at dhl.com/tradeatlas is a new feature of the report. The website enables users to customize analyses and explore trade trends by specific countries, regions, and categories of goods. Additionally, it offers convenient options for downloading data and images.

The report was commissioned by DHL and authored by Steven A. Altman and Caroline R. Bastian of New York University Stern School of Business. It was finalized in February 2025 using data and forecast updates through January 2025.
Hashtag: #DHLTradeAtlas #GlobalTrade #SupplyChainDiversification


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

DHL – The logistics company for the world

DHL is the leading global brand in the logistics industry. Our DHL divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With approximately 400,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global sustainable trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, engineering, manufacturing & energy, auto-mobility and retail, DHL is decisively positioned as “The logistics company for the world”.

DHL is part of DHL Group. The Group generated revenues of approximately 84.2 billion euros in 2024. With sustainable business practices and a commitment to society and the environment, the Group makes a positive contribution to the world. DHL Group aims to achieve net-zero emissions logistics by 2050.

Silver vs. Gold: Octa Broker’s Expert Take on the Future of Precious Metals


KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 14 March 2025 – Silver is attracting investor interest, with market analysts predicting a potential leap to $40 per troy ounce in 2025. The metal is rising in global investment portfolios, providing stiff competition to gold’s long reign over commodity markets. Kar Yong Ang, a financial market analyst at Octa Broker, explains why silver has a very good opportunity to record significant growth this year.

Octa Broker
Octa Broker

Current Market Conditions and Silver’s Performance in 2024

Silver prices increased by 18% in 2024, outpacing the more modest increase of gold. The price was driven by inflationary pressures and stronger industrial demand, particularly in renewable energy uses. While gold is a classic safe-haven investment, silver’s dual role as both an investment and industrial metal gives it a unique edge in volatile markets. Yet, risk management is crucial for avoiding unnecessary losses.

There are two major silver market growth drivers:

  • Industrial Demand: Silver’s use in renewable energy, particularly solar panels, electronics, and EV manufacturing continues to expand, distinguishing it from gold, which primarily serves investment and jewellery purposes.
  • Macroeconomic Trends: While both silver and gold typically hedge against inflation, silver price drops can be more significant compared to gold in times of economic uncertainty. For example, during the COVID-19 crisis, silver experienced a significant negative return of –20.0%, while gold delivered a positive return of 5.1% in the same period.

Silver Price Forecasts for 2025: Can It Surpass Gold?

Silver is expected to outperform gold in the coming years, whereby limited supply will be countered by increasing industrial demand. The price of silver can even reach $40 per ounce sometime in 2025, given the robust demand. This growth potential creates a nice buying opportunity for traders. Nevertheless, market liquidity risks, rising interest rates, and changes in investors’ sentiments, among other things, may affect the market negatively. What’s more, the asset is far more sensitive to economic cycles compared to gold. In case a recession occurs, silver may drop in price more steeply than gold. Traders should also monitor the gold-silver ratio. If it’s too high, investors may simultaneously sell gold and buy silver, assuming the ratio returns to its long-term average.

Those who consider opting for silver instead of gold should closely analyse both assets and compare their investment risks, nature, and potential profits. Here’s a brief overview of their pros and cons.

  • Liquidity & Market Depth: While gold remains a more liquid asset, silver’s increasing institutional interest is narrowing this gap, so the difference in liquidity is minor.
  • Volatility & Risk: While silver experiences greater price swings than gold, its volatility presents significant profit-making opportunities for active traders who practice strict risk management.
  • Portfolio Diversification: Silver serves as both an inflation hedge and a strategic asset tied to industrial demand.

Traders can tap into the potential of both silver and gold using various trading platforms. These days, the choice of a platform is not limited to MT4 and MT5, and other solutions step up their offerings. For example, Octa broker’ proprietary trading ecosystem, OctaTrader, offers CFDs on silver and gold. OctaTrader reports high trade volume for CFDs on gold this year despite the slackened interest towards the metal after Donald Trump’s election win. According to the Octa analysts, the demand for silver on OctaTrader is currently quite high, leading to amplified liquidity and more profit opportunities.

‘Silver’s long-term value is stable because of its underlying supply-demand dynamics. The metal is widely used in electronics, renewable energy, and medicine’, explains Kar Yong Ang. ‘The Silver Institute expects the total silver supply to increase by 3 percent and reach 1.05 ounces, an 11-year high. The demand is projected to remain at 1.20 billion ounces this year. Considering this, the demand is likely to outpace even the increasing supply. Although the demand for jewellery and silverware is to decline, gains are expected in the consumer electronics market and industrial fabrication. As a result, the deficit is likely to take place’, he adds.

Silver’s strong market momentum, industrial applications, especially for renewable energy and solar panels in particular, and potential price appreciation make it an asset to watch in 2025. While volatility remains a factor, strategic investments in silver may yield higher returns compared to gold. Traders who aim to deal with the asset should address it carefully.

Firstly, keep an eye on inflation trends, central bank policies, and industrial demand to conduct fundamental analysis and identify factors of potential price swings. To manage risks, balance your portfolio and do not build an oversized position in any single asset. If your trading budget is limited, especially after you diversify your investments, you can access an increased balance through trading instruments like CFDs. Platforms like Octa broker provide flexible CFD trading options for silver, allowing traders to capitalise on short-term price movements.

Disclaimer: Trading involves risks and may not be suitable for all investors. Use your expertise wisely and evaluate all associated risks before making an investment decision.
Hashtag: #Octa

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

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 the improvement of educational infrastructure and short-notice relief projects supporting 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.

Konica Minolta wins 2025 A3 Line of the Year Award and four Pick Awards from Keypoint Intelligence

Recognition of Konica Minolta’s adaptable, future-ready innovations in office printing technology.

SINGAPORE – Media OutReach Newswire – 14 March 2025 – Konica Minolta has been awarded five Buyers Lab (BLI) Awards from Keypoint Intelligence, a world-leading independent evaluator of document imaging hardware, software, and services. These awards recognise the capabilities of Konica Minolta’s multi-functional print devices (MFPs), with four individual devices receiving Pick Awards, and Konica Minolta earning the 2025 A3 Line of the Year Award.

Konica Minolta wins 2025 A3 Line of the Year Award

Award-Winning A3 Multi-Functional Print Device Portfolio

Keypoint Intelligence commended Konica Minolta’s comprehensive A3 range, presenting the 2025 A3 Line of the Year Award.

Evaluators cited “superior performance during Keypoint Intelligence’s testing across the entire A3 line,” and praised the company for its “fresh, broad portfolio with a strong feature set that can meet and exceed the needs of hybrid working environments.”

The MFPs also offer cloud-enabled capabilities, facilitating secure document storage and access for remote work. Keypoint Intelligence noted the “simplified setup process and robust administrative capabilities,” as well as “outstanding efficiency, professional-looking print quality, and excellent usability” across the product range. Security features were also highlighted, with the awards acknowledging the “robust security offering to safeguard sensitive data.”

Innovative, Industry-Leading Print Technologies

Four Konica Minolta MFPs—the bizhub C451i, bizhub C551i, bizhub C651i, and bizhub C751i —received Pick Awards 2025. Keypoint Intelligence’s long-term testing revealed “faster-than-average job streams and first-print-out times,” contributing to the devices’ productivity. Evaluators also recognised the MFPs’ suitability for modern work environments, noting “above average scan speeds” that address digitisation needs for hybrid workers.

Evolving to Meet the Needs of Modern Businesses

“As office environments continue to evolve, businesses require print solutions that seamlessly align with their changing needs. While productivity, usability, and high-quality output remain fundamental, the growing demand for hybrid work and digital transformation calls for enhanced connectivity, robust security, and seamless integration with cloud services. Winning the 2025 A3 Line of the Year Award and four Pick Awards from Keypoint Intelligence is a testament to Konica Minolta’s commitment to delivering innovative, future-ready solutions that empower businesses to work smarter and more securely,” said Mr. Francis Chua, General Manager of Regional Sales & Marketing HQ, Konica Minolta Business Solutions Asia Pte Ltd.

Keypoint Intelligence’s recognition of Konica Minolta’s A3 line and individual MFPs underscores the company’s ability to meet these evolving needs and provide businesses with reliable, advanced printing solutions that meet the challenges of today’s dynamic work environments.

The award-winning products are part of Konica Minolta’s next generation of bizhub i-Series MFPs, designed with a focus on security and ease of use.

Hashtag: #KonicaMinolta




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

About Konica Minolta Business Solutions Asia

Konica Minolta’s journey started 150 years ago, with a vision to see and do things differently. We innovate for the good of society and the world. The same purpose that kept us moving then, keeps us moving now.

Konica Minolta Business Solutions Asia, based in Singapore, is a wholly owned subsidiary of Konica Minolta Inc., Tokyo, Japan. With its expertise in imaging, data processing and data-based decision making, Konica Minolta creates relevant solutions for its customers – small and medium-sized businesses, large enterprises and public sector – and solves issues faced by society.

Konica Minolta’s Igniting Print Possibilities offering helps printers, converters and brand owners maximize workflow automation to increase efficiency. The company delivers consultancy in all communication matters as well as top-of-the-line production, packaging and label printers. Its finishing devices create print products that stand out and create added value. Konica Minolta has established itself as the production printing market leader for more than a decade (InfoSource).

For an increasing number of organisations, success today is more than the narrow definition of financial prosperity – it also includes protecting the environment and having a positive impact on their workforce as well as the societies they are embedded in. With its commitment to the Sustainable Development Goals (SDGs), Konica Minolta has pledged to consistently pursue its sustainability and social responsibility goals.

The company has been repeatedly recognised for its rich history of social contribution as well as for working towards achieving the SDGs throughout its business and supply chain. Konica Minolta is listed among “2023 Global 100 Most Sustainable Corporations in the World” and received a GOLD Level Recognition Medal in the EcoVadis sustainability ratings for 2023.

Worldwide, the company has over 39,000 employees and is operating in over 150 countries.

For more information, please visit .

GROW with Singlife and aberdeen Launch New Exclusive Share Class of Global Income Bond Fund to Deliver Sustainable Payouts Amid Market Volatility

Globally diversified portfolio of crossover bonds aims to deliver attractive yields for investors


SINGAPORE – Media OutReach Newswire – 14 March 2025 – GROW with Singlife (“GROW”), the integrated investment platform under leading homegrown financial services company Singlife, in partnership with aberdeen Investments (“aberdeen”), today launches a new share class of the abrdn SICAV II – Global Income Bond Fund (the “Fund”). Currently exclusive to GROW on its platform, the A Gross Inc Hedged SGD offers investors a compelling Yield to Worst of 6.5% (USD hedged)[1], comprising appealing monthly payouts with potential capital appreciation.

Finding a sweet spot between investment-grade bonds and high-quality high-yield debt, the Fund invests substantially in global multi-sector bonds rated BBB (the lowest investment-grade rating) and BB (the highest high-yield rating). This dual-market approach appeals to both conservative investors seeking stability and those pursuing higher returns. With a globally diversified portfolio spanning investment-grade, high-yield, government, and emerging markets bonds, the Fund offers attractive yield potential while maintaining moderate credit risk, making it a compelling long-term solution for income-focused investors.

The launch comes at a pivotal time in the market. With inflation easing across most global markets and central banks expected to begin rate-cutting cycles, returns from short-term cash management instruments such as fixed deposits and money market funds have declined, making them less appealing to investors looking for higher yields. In such an environment, fixed income investments are gaining attention for their ability to provide higher yields and more sustainable returns. According to Morningstar, a leading global investment research firm, fixed income funds saw record inflows of USD1 trillion in 2024, trumping all other asset classes.

Tim Wong, Head of Product at GROW with Singlife, said: “As part of our commitment to provide advisers and their clients access to innovative and high-quality investment opportunities, we are proud to partner with aberdeen for the launch of an exclusive share class of the abrdn SICAV II – Global Income Bond Fund. With rising life expectancy and increasing cost of living, many investors are looking for ways to secure reliable income to support their retirement goals. This Fund represents a compelling option for those seeking attractive, stable income solutions with controlled risks.”

As Singapore’s population ages and life expectancy continues to rise, the need for reliable retirement income is becoming increasingly critical. A 65-year-old today requires an estimated $685,000 to fund 20 years of retirement, or approximately $2,856[2] per month, covering basic expenses. With stable and attractive payouts to support long-term financial security, the abrdn SICAV II – Global Income Bond Fund offers a sustainable solution for investors.

Natalie Tan, Head of Wholesale Southeast Asia at aberdeen Investments, said: “We are thrilled to partner with GROW with Singlife to introduce a new share class of the abrdn SICAV II – Global Income Bond Fund to investors. This Fund reflects aberdeen’s commitment to help investors navigate market transitions with innovative solutions that aims to achieve sustainable, long-term returns. Looking at the existing landscape, the current bond yields across nearly all major fixed income sub-asset classes well exceed their 10-year averages, presenting an enticing entry point for fixed income investors. With a globally diversified portfolio of bonds, this Fund will be a valuable addition to any income-focused portfolio, offering the potential for high-yield returns at investment-grade risk levels.”

The Fund has a strong history of delivering consistent income and competitive performance. Over the past decade, it has consistently ranked among the top performers in its category, according to Morningstar. As of December 2024, the Fund is in the top 25% in terms of performance over the last one, five, and seven years within its category. This demonstrates its ability to generate attractive, risk-adjusted returns across different market conditions, making it a reliable choice for income-focused investors.

GROW officially introduced the abrdn SICAV II – Global Income Bond Fund, A Gross Inc Hedged SGD, at a launch event at Marina One, attended by industry leaders and financial advisers. Investors can contact their Financial Adviser Representatives or visit grow.singlife.com to learn more.


[1] Source: aberdeen Investments, 31/12/2024, USD Yield to Worst (USD Hedged) is the weighted average yield of all the bonds in the fund’s portfolio. It represents the expected rate of return if the investment is held until all the bonds in the portfolio mature. It also evaluates the lowest possible yield without defaults. It represents the worst-case scenario for yield, assuming the bond is called or retired early by the issuer. The figure also captures the effect of non-USD exposure being hedged back to the base currency (USD). Yield to Worst is not a representation of a distribution yield.

[2] Singlife’s Financial Freedom Index 2024.

Hashtag: #GROWwithSinglife

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

About GROW with Singlife

is an integrated investment platform under the Singlife Group, a leading homegrown financial services company. GROW’s platform offers an integrated investment solution that combines intuitive technology with tailored services, and a progressive range of products, alongside insights, tools, and support, to enable advisers to provide more meaningful and impactful advice to their clients. We are committed to supporting our employees, financial advisers, and end clients with care, consideration, and compassion at every step of their financial life journey.

About aberdeen

is a global investment company that helps clients and customers plan, save and invest for the future. Our purpose is to enable our clients to be better investors. aberdeen manages and administers £511.4bn of assets for clients (as at 31 December 2024). Our strategy is to deliver client-led growth. We are structured around three businesses – Investments, Adviser and Personal – focused on their changing needs. The capabilities in our investments business are built on the strength of our insight – generated from wide-ranging research, worldwide investment expertise and local market knowledge. Our teams collaborate across regions, asset classes and specialisms, connecting diverse perspectives and working with clients to identify investment opportunities that suit their needs. As at 31 December 2024, our investments business manages £369.7bn on behalf of clients – including insurance companies, sovereign wealth funds, independent wealth managers, pension funds, platforms, banks and family offices.

About Singlife

is a leading homegrown financial services company that offers consumers a better way to financial freedom. We are headquartered in Singapore with a presence in the Philippines.

Singlife meets diverse customer needs by offering a comprehensive suite of insurance products, including life and health, general insurance and investments, employee benefits and financial advisory solutions.

We achieve this through a differentiated, open-architecture distribution model and Singapore’s largest network of financial advisers.

A pioneer in the digital insurtech space, we offer digital solutions accessible through the Singlife App and , an investment platform.

We are a key player in the employee benefits solutions space and are the exclusive insurance provider for the Ministry of Defence, Ministry of Home Affairs and Public Officers Group Insurance Scheme. We’re also one of three government-approved long-term care insurance providers in Singapore.

We take our commitment to achieving Net Zero seriously and are an official signatory of the United Nations Principles for Sustainable Insurance and the United Nations-supported Principles for Responsible Investment.

Singlife was formed from the merger of Aviva Singapore and Singlife, originally an insurtech start up, in January 2022. Singlife is now a wholly owned subsidiary of Sumitomo Life, who acquired Singlife in 2024. We have over S$14 billion in assets as of 31 December 2023 and are rated “A” and “Baa1” by Fitch and Moody’s respectively.

Sumitomo Life was established in 1907 and is one of Japan’s largest life insurance companies, with over US$300 billion in assets as of 31 March 2024.

Singapore G Unveils the Largest Cold Storage Facility in Central Singapore, Reinforcing Its Commitment to Supporting SMEs and Business Growth


SINGAPORE – Media OutReach Newswire – 14 March 2025 – Singapore G, a trailblazer in space solutions, today announced the grand opening of MustardSeed@SG Cold Store, a cold storage facility in the heart of Singapore. This new facility, the largest in central Singapore, includes 16 cold storage rooms ranging from 300 to 1,500 square feet, tailored to meet the needs of SMEs, logistics providers, and wholesalers. The launch underscores Singapore G’s ongoing commitment to providing solutions designed by an SME, for SMEs.

Championing SMEs: A Total Space Provider

Over the years, Singapore G has not only served multinational corporations (MNCs) and large SMEs but has also championed the needs of smaller SMEs and business owners by offering a comprehensive range of services, including self-storage, serviced office spaces, e-commerce solutions, and secure deposit box facilities. As a dedicated Total Space Provider, Singapore G understands the challenges of running a business firsthand because it is an SME itself. This deep understanding has driven the company’s mission to deliver quality services at fair value, ensuring that businesses of all sizes have access to the infrastructure they need to grow and thrive.

Cold Chain Facility: Built by an SME, for SMEs

MustardSeed@SG Cold Store continues this legacy by offering flexible, scalable storage solutions specifically designed for SMEs in industries such as food & beverage, floristry, and pharmaceuticals. The facility includes frozen storage at -18°C for meat wholesalers and chilled storage at +4°C for dairy products, ensuring the safe preservation of perishable goods.

Fully certified by the Singapore Food Agency (SFA), the facility features a dedicated SFA inspection room for imported meat inspections, ensuring full regulatory compliance. With eight strategically located loading bays, businesses can easily pick up and drop off goods without the long queues typically found in larger logistics hubs like those in the Western and Northern regions of Singapore. This unique approach allows SMEs to have direct, immediate access to their inventory, enhancing efficiency and control over daily operations.

Expanding Secure Storage: Asia’s Largest Personal Vault Facility

Beyond cold storage, Singapore G is also home to Asia’s largest personal vault facility, offering a secure and smart storage solution for businesses and individuals. Equipped with five automated delivery robots, the facility securely houses over 4,000 individual safe deposit boxes. Each vault is reinforced with two layers of steel and concrete, providing maximum protection for valuable assets such as documents, jewellery, rare collectibles, and other valuables. Located on the third floor of the company-owned building within a secure industrial area, the vault offers 24/7 accessibility with complete anonymity and peace of mind.

A Legacy of Stability and Innovation

Since its founding in 1973, Singapore G Pte Ltd has remained a family-owned business committed to long-term stability and sustainable growth. The company’s full ownership of its facilities allows it the freedom to innovate and expand without the risks associated with relocation. This stability ensures that Singapore G can continue to provide high-quality, affordable space solutions tailored to businesses at every stage of their journey.

Next-Generation Leadership: A New Chapter for Singapore G

Singapore G is now entering a new phase of leadership with the appointment of Dr. Elishea Lim Hidajat as the new Assistant General Manager. As the daughter of Managing Director, Mr Lim King BW Hidajat, she represents the third generation of the family leading the company. Her vision aligns with Singapore G’s core mission of providing flexible, secure, and innovative storage solutions for businesses of all sizes.

“We are dedicated to empowering SMEs and business owners by offering high-quality space solutions tailored to their unique needs,” said Dr. Elishea Hidajat. “As an SME ourselves, we understand the challenges our customers face, and we remain committed to delivering reliable, scalable solutions that support their growth. My team and I look forward to building on the legacy established by my grandfather, ensuring that Singapore G continues to evolve alongside the needs of our clients.”

Singapore G’s latest cold storage facility reaffirms its position as a trusted Total Space Provider, delivering innovative and practical solutions to businesses across industries. As it continues to expand and adapt, Singapore G remains steadfast in its mission to support SMEs with the space and resources they need to succeed.

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

About Singapore G

Singapore G Pte Ltd has been a trusted provider of self-storage, serviced office spaces, and personal vaults since 1973. Located in central Singapore, the company serves a diverse range of industries, including logistics, food & beverage, cosmetics and e-commerce. Singapore G is committed to providing flexible, high-quality space solutions that enable businesses to grow and thrive in an ever-changing market. As a family-owned business, Singapore G remains deeply committed to long-term stability, innovation, and client trust. The company has earned numerous accolades, including the Safety and Security Watch Group (SSWG) award for six consecutive years, the Best Buildable Design Award by the Building and Construction Authority of Singapore (BCA), and a high Construction Quality Assessment System (CONQUAS) rating from the Construction Industry Development Board (CIDB). More recently, Singapore G has obtained the Data Protection Trustmark (DPTM) and is the third company in Singapore to date to achieve the CaseTrust Gold accreditation.

Kardome Mobility Now Available on NVIDIA AGX Platform, Providing Spatial Hearing AI to Enable Superior Voice Recognition

The Kardome Mobility solution significantly reduces production costs for OEMs and automotive manufacturers. It captures individual voices from up to six seats with a single mic array, considerably enhancing the in-cabin voice experience.

Tel Aviv, Israel – Newsfile Corp. – March 13, 2025 – Kardome, a leader in advanced voice recognition solutions, announced today that its Kardome’s Spatial Hearing AI technology is now available on the NVIDIA DRIVE AGX platform. This sets a new benchmark for automotive voice recognition and communication systems, allowing for voice isolation, speaker identification, and highly accurate speech processing in noisy environments to create superior in-cabin experiences.

Kardome’s Spatial Hearing AI technology is now available on the NVIDIA DRIVE AGX platform. Kardome Mobility enables precise in-car voice recognition, capturing voices from up to six seats with a single mic array.

Setting New Standards with NVIDIA DRIVE

Kardome’s Spatial Hearing AI technology runs on the NVIDIA DRIVE AGX Orin in-vehicle computer to enable precise voice recognition and communication, resulting in frustration-free and personalized in-vehicle experiences. The Kardome Mobility solution locates, identifies, and isolates individual users from up to six zones using a single microphone array in the overhead cabin. This groundbreaking capability significantly improves the user experience while reducing hardware and manufacturing costs.

“Implementing Kardome Mobility on NVIDIA DRIVE AGX underscores the unmatched value of our technology,” said Dani Cherkassky, CEO of Kardome. “The availability of Kardome’s voice AI innovation supported on NVIDIA DRIVE can enable OEMs to deliver the ultimate in-cabin voice recognition and communication experience.”

About Kardome

Kardome leads the Spatial Hearing AI technology market, powering intuitive and accurate voice recognition systems for automotive and consumer applications. Our solutions are designed to meet the evolving needs of complex environments, ensuring a seamless interaction between people and technology. Visit Kardome.com for more information.

Press Contact:

Laura Tate
Kardome VP of Marketing
323-205-6436
laura.tate@kardome.com

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

Melco continues to lead with the city’s top number of Stars granted by MICHELIN Guide Hong Kong & Macau 2025


MACAO SAR – Media OutReach Newswire – 13 March 2025 – Melco Resorts & Entertainment continues to lead in Macau in the newly published MICHELIN Guide Hong Kong & Macau 2025, being granted eight MICHELIN Stars across five restaurants located in City of Dreams, Studio City and Altira Macau. This year’s result sees Jade Dragon, City of Dreams’ Cantonese fine dining restaurant, maintain its superior Three MICHELIN Star status for the seventh consecutive year, while Alain Ducasse at Morpheus is honored with Two MICHELIN Stars for the seventh consecutive year. Furthermore, Melco’s signature Cantonese restaurants Pearl Dragon at Studio City and Ying at Altira Macau, and Japanese restaurant Sushi Kinetsu at City of Dreams each garner One MICHELIN Star.

Melco continues to lead with the city’s top number of Stars granted by MICHELIN Guide Hong Kong & Macau 2025
Melco continues to lead with the city’s top number of Stars granted by MICHELIN Guide Hong Kong & Macau 2025

Mr. Lawrence Ho, Chairman & CEO of Melco, said, “It is a privilege to receive this distinction from MICHELIN Guide Hong Kong & Macau, considered by many as the global hallmark of fine dining and quality cuisine. As we strive to continually push the boundaries of luxury hospitality and entertainment by delivering our guests innovative and unforgettable experiences, we remain committed to enhancing Macau’s reputation as a UNESCO-designated Creative City of Gastronomy through exceptional culinary offerings. We extend our gratitude to our Culinary and Food & Beverage teams for their unwavering commitment to excellence and congratulate them on this remarkable achievement. We will go on enriching our offerings and attractions as we invite guests from around the globe to enjoy the finest experiences Macau has to offer.”

At the MICHELIN Guide Ceremony which took place today in Macau, Melco properties’ restaurants received the following honors:

Jade Dragon – 3 MICHELIN Stars
Three MICHELIN-Starred Chinese restaurant Jade Dragon showcases exquisite culinary masterpieces created with the freshest seasonal ingredients and delectable delicacies. With spectacular designer décor and superlative personalized service, Jade Dragon sets the benchmark for fine dining in Macau. Recent honors and awards include:
· MICHELIN Guide Hong Kong & Macau Three Stars (2019-2025)
· Black Pearl Restaurant Guide Three Diamonds (2020-2025)
· Forbes Travel Guide Five-Star rating (2014-2025)
· Trip.com Gourmet’s Diamond award (2024), Black Diamond award (2021-2023) and only Three-Star restaurant in Macau (2020)
· La Liste’s Top 1,000 World’s Best Restaurants (2025)
· Travel + Leisure Southeast Asia’s Macau Tastemakers List (2024)
· Three Stars in Golden Phoenix Tree China Restaurant Guide (2024)
· TARGET ELITE SELECT Awards’ Cantonese Restaurant of the Year (2024)
· South China Morning Post’s 100 Top Tables (2014-2025)
· Harper’s BAZAAR HK’s BAZAAR Taste Elite Macao (2025)
· Tatler Asia’s Tatler Best 100 Restaurants (2024)
· Tatler Dining Guide’s Top 20 Macau Restaurants List (2024)
· Wine Spectator’s Best of Award of Excellence (2014-2024)

Alain Ducasse at Morpheus – 2 MICHELIN Stars
Awarded Two MICHELIN Stars, Alain Ducasse at Morpheus redefines French gastronomy with a contemporary vision and sentimental approach to cooking. The restaurant located at City of Dreams sources produce from the best regions which is harvested at its optimal time, highlighting a deep appreciation for nature and an intimate understanding of the seasons. Sourcing from small-scale farms and line-caught fish, the restaurant ensures unparalleled quality and a distinctive tasting experience. Recent honors and awards include:
· MICHELIN Guide Hong Kong & Macau Two Stars (2019-2025)
· Black Pearl Restaurant Guide One Diamond (2024-2025)
· Forbes Travel Guide Five-Star rating (2020-2025)
· Trip.com Gourmet’s Diamond award (2022-2024), Platinum award (2021) and One Star recognition (2020)
· La Liste’s Top 1,000 World’s Best Restaurants (2025)
· Travel + Leisure Southeast Asia’s Macau Tastemakers List (2024)
· TARGET ELITE SELECT Awards’ French Restaurant of the Year (2024)
· South China Morning Post’s 100 Top Tables recognition (2020-2025)
· Tatler Dining Guide’s Top 20 Macau Restaurants award (2024)
· Wine Spectator’s Best of Award of Excellence (2019-2024)

Pearl Dragon – 1 MICHELIN Star
Studio City’s MICHELIN-Starred Cantonese restaurant Pearl Dragon offers a refined taste of China complemented by sophisticated décor. Dedicated to perfection, Pearl Dragon offers a menu showcasing refined provincial Chinese flavors, innovative culinary creations and the finest delicacies. Recent honors and awards include:
· MICHELIN Guide Hong Kong & Macau One Star (2017-2025)
· Forbes Travel Guide Five-Star rating (2019-2025)
· Trip.com Gourmet’s Platinum award (2021-2024)
· La Liste’s Top 1,000 World’s Best Restaurants (2025)
· South China Morning Post’s 100 Top Tables (2017-2025)
· Tatler Dining Guide’s Top 20 Macau Restaurants List (2024)
· Wine Spectator’s Best of Award of Excellence (2016-2024)
· Haute Grandeur Global Restaurant Awards’ Best Chinese Cuisine in Asia – Excellence Award (2022)

Ying – 1 MICHELIN Star
Awarded the coveted MICHELIN Star, Ying is Altira Macau’s signature restaurant specializing in fine Cantonese cuisine as well as local delicacies created by an exceptionally talented culinary team. Ying is recognized as an outstanding establishment that offers guests a truly exceptional level of luxury and service. Recent honors and awards include:
· MICHELIN Guide Hong Kong & Macau One Star (2017-2025)
· Forbes Travel Guide Five-Star rating (2020-2025)
· La Liste’s Top 1,000 World’s Best Restaurants (2025)
· South China Morning Post’s 100 Top Tables (2023-2025)
· Wine Spectator’s Best of Award of Excellence (2015-2024)

Sushi Kinetsu – 1 MICHELIN Star
Bestowed the coveted MICHELIN Star, Sushi Kinetsu at City of Dreams offers authentic Edomae sushi across a beautiful, centuries old Hinoki wood sushi bar. The tranquil restaurant serves seasonal delicacies using only the finest ingredients, crafted by Japanese master chefs. Recent honors and awards include:
· MICHELIN Guide Hong Kong & Macau One Star (2024-2025)
· Black Pearl Restaurant Guide One Diamond (2024-2025)
· Trip.com Gourmet’s Platinum award (2024)

Hashtag: #melco #cityofdreams #studiocity #altiramacau #jadedragon #pearldragon #ying #alainducasseatmorpheus #sushikinetsu #michelin





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About Melco Resorts & Entertainment Limited

Melco Resorts & Entertainment, with its American depositary shares listed on the NASDAQ Global Select Market (NASDAQ: MLCO), is a developer, owner and operator of integrated resort facilities in Asia and Europe. The Company currently operates Altira Macau (), an integrated resort located at Taipa, Macau and City of Dreams (), an integrated resort located in Cotai, Macau. Its business also includes the Mocha Clubs (), which comprise the largest non-casino based operations of electronic gaming machines in Macau. The Company also majority owns and operates Studio City (), a cinematically-themed integrated resort in Cotai, Macau. In the Philippines, a Philippine subsidiary of the Company currently operates and manages City of Dreams Manila (), an integrated resort in the Entertainment City complex in Manila. In Europe, the Company operates City of Dreams Mediterranean in Limassol in the Republic of Cyprus (). The Company also continues to operate three satellite casinos in other cities in Cyprus (the “Cyprus Casinos”). For more information about the Company, please visit .

Melco Resorts & Entertainment is majority owned by Melco International Development Limited, a company listed on the Main Board of The Stock Exchange of Hong Kong Limited, which is in turn majority owned and led by Mr. Lawrence Ho, who is the Chairman, Executive Director and Chief Executive Officer of the Company.

Galaxy Macau’s Reveals a Galaxy of Stars As the Integrated Resort’s Restaurants are Awarded Five Michelin Stars in the 17th Michelin Guide Hong Kong Macau 2025

Sushi Kissho by Miyakawa Celebrates a Stellar Debut


MACAU SAR – Media OutReach Newswire – 13 March 2025 – In the 17th Michelin Guide Hong Kong Macau 2025, Galaxy Macau™, the world-class luxury integrated resort, has once again proven its place at the forefront of the Greater Bay Area dining scene. An impressive four of its restaurants have collectively earned five Michelin stars, with Sushi Kissho by Miyakawa, which opened just last year, making a standout debut by winning one star. Celebrating a constellation of award wins, Feng Wei Ju at StarWorld Hotel, 8½ Otto e Mezzo BOMBANA at Galaxy Macau, and Lai Heen at The Ritz-Carlton, Macau have continued their year-on-year reign, maintaining their Michelin-starred status through a steadfast commitment to exquisite ingredients, artful presentation, and impeccable service. Adding to these stellar accolades, three other Galaxy Macau restaurants have been recognized as “Michelin Selected Restaurants.” These achievements underscore Galaxy Macau’s dedication to culinary excellence, further underscoring Macau’s reputation as a UNESCO Creative City of Gastronomy.

Sushi Kissho by Miyakawa made a standout debut by winning one star. Hironori Satake, Executive Chef of Sushi Kissho by Miyakawa, accepted the award on behalf the team.
Sushi Kissho by Miyakawa made a standout debut by winning one star. Hironori Satake, Executive Chef of Sushi Kissho by Miyakawa, accepted the award on behalf the team.

Founded by the celebrated Michelin three-star sushi master, Chef Masaaki Miyakawa, Sushi Kissho by Miyakawa is his first venture outside Japan, dedicated to delivering the art of authentic Edomae sushi. Within its first year, the restaurant earned a Michelin star, a well-deserved recognition of its excellence. The skilled culinary team, with their refined expertise, elevates seasonal ingredients to their peak, crafting each piece of sushi to embody the traditional Japanese aesthetic of *wabi-sabi*—the beauty of simplicity and imperfection. Chef Miyakawa’s unwavering commitment to quality is evident in his meticulous selection of premium, seasonal ingredients, flown in directly from Japan, ensuring every bite showcases his tightly-held relationships with generational growers and family fishermen. The menu at Sushi Kissho by Miyakawa evolves with the seasons to offer a unique dining experience with every visit. From April 4th to 6th, Chef Miyakawa will personally take the helm at the restaurant, crafting a special seasonal Edomae sushi dinner over three exclusive evenings. This highly anticipated event is an opportunity for guests to experience the master’s artistry firsthand, for a series of dinners targeting the sushi aficionado.

Feng Wei Ju at StarWorld Hotel has boasted an impressive nine consecutive years of two-Michelin-starred recognition. Chan Chek Keong, Assistance Vice President of Food & Beverage Culinary of StarWorld Hotel and Executive Chef of Feng Wei Ju accepted the award on behalf the team.
Feng Wei Ju at StarWorld Hotel has boasted an impressive nine consecutive years of two-Michelin-starred recognition. Chan Chek Keong, Assistance Vice President of Food & Beverage Culinary of StarWorld Hotel and Executive Chef of Feng Wei Ju accepted the award on behalf the team.

Perched at StarWorld Hotel on the Macau Peninsula, Feng Wei Ju has earned its place as a culinary institution, boasting an impressive nine consecutive years of two-Michelin-starred recognition. To celebrate this incredible milestone, the restaurant is offering a special Michelin-inspired tasting menu (MOP 1,088 per person), featuring its most iconic dishes that showcase the authentic, bold flavors of Hunan and Sichuan cuisine. With nearly three decades of experience honing his craft in storied culinary traditions, Chef Chan Chek Keong has assembled a team of top-tier chefs specializing in authentic Hunan, Sichuan, and noodle dishes. Their philosophy is simple yet profound: allowing the ingredients to speak for themselves. Premium produce and spices, sourced directly from their regions of origin bring out the natural umami of high-quality ingredients, achieving a depth of flavor that is both bold and nuanced. Chef Chan’s deft hand blends tradition with innovation, creating a culinary repertoire that is as dynamic as it is delicious. The result is a symphony of spicy, aromatic notes that dance on the palate, leaving diners surprised and delighted.

For a standout ten consecutive years, 8½ Otto e Mezzo BOMBANA at Galaxy Macau has held its Michelin one-star honor. The new Executive Chef Marino D'Antonio accepted the award on behalf the team.
For a standout ten consecutive years, 8½ Otto e Mezzo BOMBANA at Galaxy Macau has held its Michelin one-star honor. The new Executive Chef Marino D’Antonio accepted the award on behalf the team.

For a standout ten consecutive years, 8½ Otto e Mezzo BOMBANA at Galaxy Macau has held its Michelin one-star honor. This year, the restaurant enters a new chapter with the arrival of Executive Chef Marino D’Antonio, a culinary virtuoso whose career spans some of the most esteemed Michelin-starred restaurants and five-star hotels across the globe. Chef Marino brings with him a wealth of experience and a passion for Italian gastronomy, infusing the restaurant’s menu with fresh creativity and inspiration. Among the highlights are signature dishes such as Veal and Ham Agnolotti in Classic Broth, and Marinated Langoustine with Sea Urchin, Oscietra caviar, and Orange Chantilly. The new menu also draws inspiration from its sister restaurant, 8½ Otto e Mezzo BOMBANA in Hong Kong. Building on the culinary legacy of the legendary Chef Bombana, whose pursuit of “tradition, quality, and consistency” has defined the restaurant’s ethos, Marino infuses his creative flair, resulting in dishes that are deeply rooted in Italian tradition yet uniquely his own. Additionally, the restaurant now offers a brand-new lunch menu (starting at MOP 680) every Friday and Saturday. Featuring refined Italian classics crafted with fresh, seasonal ingredients, the menu delivers a Michelin-starred experience that is both elegant and luxurious, yet effortlessly understated.

Lai Heen at The Ritz-Carlton, Macau has been awarded the prestigious "Michelin One Star" for nine consecutive years. Jackie Ho Hon-sing, Chinese Executive Chef of The Ritz-Carlton, Macau accepted the award on behalf the team.
Lai Heen at The Ritz-Carlton, Macau has been awarded the prestigious “Michelin One Star” for nine consecutive years. Jackie Ho Hon-sing, Chinese Executive Chef of The Ritz-Carlton, Macau accepted the award on behalf the team.

Nestled on the 51st floor of The Ritz-Carlton, Macau, Lai Heen, the hotel’s acclaimed Chinese restaurant, has been awarded the prestigious “Michelin One Star” for nine consecutive years. Helmed by Chinese Executive Chef Jackie Ho Hon Sing, who brings over 40 years of culinary expertise, the restaurant offers a breathtaking panoramic view of the city and the Taipa skyline. Combining authentic Cantonese delicacies with the legendary service of The Ritz-Carlton, Jackie Ho Hon Sing delivers an unparalleled dining experience. The restaurant’s star-studded culinary team has crafted a special Michelin-inspired menu, showcasing the essence of Cantonese cuisine through masterful techniques and premium ingredients sourced from around the world. Each dish is a testament to the artistry and precision of the Cantonese culinary traditions, offering guests a taste of Michelin-starred excellence.
Recognised as “Michelin Selected Restaurants”, Saffron at Banyan Tree Macau, known for its contemporary Thai flavors; Terrazza Italian Restaurant at Galaxy Macau, offering authentic taste of Italy; and The Ritz-Carlton Café at The Ritz-Carlton, Macau, continue to be lauded for maintaining their high standards.

These award-winning restaurants span Japanese, Italian, Cantonese, Hunan-Sichuan, Thai, and Western cuisines, offering a diverse culinary experience that caters to every palate. With over 120 dining offerings, Galaxy Macau is a veritable playground for the senses. From Michelin-starred experiences to local delicacies, each dish is a testament to the inimitable creativity, skill, and dedication of the culinary teams. It is a place where tradition meets innovation, and where every meal is a celebration of flavor, craftsmanship, and the art of hospitality. With this year’s multi-Michelin Starred recognition, Galaxy Macau continues to solidify its position as a leading Dining Destination, where the world’s finest tastes converge under one roof.

In the 17th Michelin Guide Hong Kong Macau 2025, Galaxy Macau, the world-class luxury integrated resort, has once again proven its place at the forefront of the Greater Bay Area dining scene.
In the 17th Michelin Guide Hong Kong Macau 2025, Galaxy Macau, the world-class luxury integrated resort, has once again proven its place at the forefront of the Greater Bay Area dining scene.

Hashtag: #GalaxyMacau

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

ABOUT GALAXY MACAU INTEGRATED RESORT

Galaxy Macau™, The World-class Luxury Integrated Resort delivers the “Most Spectacular Entertainment and Leisure Destination in the World”. Developed at an investment of HK$43 billion, the property covers 1.1 million-square-meter of unique entertainment and leisure attractions that are unlike anything else in Macau. Eight award-winning world-class luxury hotels provide close to 5,000 rooms, suites and villas. They include Banyan Tree Macau, Galaxy Hotel™, Hotel Okura Macau, JW Marriott Hotel Macau, The Ritz-Carlton, Macau, Broadway Hotel, Raffles at Galaxy Macau, Andaz Macau. Unique to Galaxy Macau, the 75,000-square-meter Grand Resort Deck features the world’s longest Skytop Adventure Rapids at 575-meters, the largest Skytop Wave Pool with waves up to 1.5-meters high and 150-meters pristine white sand beach. Two five-star spas from Banyan Tree Spa Macau and The Ritz- Carlton Spa, Macau help guests relax and rejuvenate.

As the dining destination in Asia, Galaxy Macau offers a wide variety of gastronomic delights, exquisite experiences and ingredients of the finest quality with over 120 dining options from Michelin dining to authentic delicacies.

Embark on a delightful and rewarding journey at Galaxy Promenade, the one-stop shopping destination boasting some of the world’s most iconic luxury brands. Be the first to get the latest limited-edition items; explore fascinating pop-ups by coveted labels and revel in fabulous shopping rewards and privileges. Our VIPs are entitled to a highly-curated experience with dedicated personal shoppers at guests’ service, and be invited to exclusive luxury brand events. A different caliber of privileges and rewards also await. Discover the joys of fashion and stand at the forefront of style and sophistication—Galaxy Promenade has everything guests need to stay ahead of the style game.

Galaxy Cinemas takes immersive movie experiences to the next level with the latest audio-visual technology, ultra-luxurious facilities and bespoke services; CHINA ROUGE, one-of-a-kind deluxe lounge that evokes the glitz and glamor of Shanghai’s golden era with entertainment in luxury and style; and Foot Hub presents the traditional art of reflexology to make you feel more relaxed and revitalized. For Authentic Macau Flavors & Vibrant Asian Experiences, Broadway Macau – just a 90-second walk via a bridge from Galaxy Macau, has over 35 Authentic Macau & Asian Flavors at its Broadway Food Street. The 2,500-seat Broadway Theatre plays host to world-class entertainers and a diverse array of cultural events.

Meeting, incentive and banquet groups are also well looked after with a portfolio of unique venues in Galaxy Macau and a professional service staff. Galaxy International Convention Center (GICC) is the latest addition to the Group’s ever-expanding integrated resort precinct and will usher in a new era for the MICE industry in Macau. GICC is a world- class event venue featuring 40,000-square-meter of total flexible MICE, and a 16,000-seat Galaxy Arena – the largest indoor arena in Macau.

For more details, please visit , and