33.9 C
Vientiane
Monday, June 2, 2025
spot_img
Home Blog Page 462

SUEZ and partners commence construction of Philippines’ largest seawater desalination plant in Metro Iloilo

ILOILO CITY, Philippines, April 7, 2025 /PRNewswire/ — SUEZ, a global leader in environmental services, and JEMCO, a premier construction company in the Philippines, together with Metro Pacific Water, a key water and wastewater infrastructure investor fully-owned by Metro Pacific Investments Corp. (MPIC), commenced the construction of a seawater reverse osmosis (SWRO) desalination facility in Metro Iloilo— the largest of its kind in the Philippines. Slated to be completed in 24 months, this project will help address the critical shortage of drinking water in the region, supplying sustainable and reliable potable water to local communities.

The existing fresh water sources in Metro Iloilo have become severely strained and are no longer capable of meeting the increasing demand of the region. This situation has been exacerbated by seasonal fluctuations in rainfall, disrupting the replenishment of these finite water supplies, revealing the urgent need to identify and develop alternative sources of water to ensure the long-term sustainability of the region.

To tackle the region’s shortage of potable water, Metro Pacific Water awarded to SUEZ and JEMCO a project to design, build and operate a seawater reverse osmosis desalination facility. The SWRO desalination plant will have an estimated production capacity of 66,500 cubic meters per day, with over 97% of which to be supplied to the residents as drinking water, benefiting approximately 50,000 households. The remaining part will be used for the production of demineralised water to support the operation of the adjacent power plant.

As a leader of circular solutions for water and waste services for more than 160 years, SUEZ has 50 years of experience in seawater desalination, with over 260 desalination plants designed and built worldwide. This plant will incorporate SUEZ’s flagship technologies, such as the SeaDAF™ Filter which combines the dissolved air flotation technology and dual media gravity filter to treat seawater and remove algae, turbidity, suspended solids, and colloidal particles to reach a quality suitable to feed to the reverse osmosis membranes. Its compact design makes it suitable for installations where space is a premium.

A testimony to the strong partnership between SUEZ and JEMCO, this is the second project that the two entities have worked on together, with the first being a key water reclamation facility in Muntinlupa City, Metro Manila. SUEZ has a strong presence in the Philippines with a well-established local engineering platform and a professional team of local talents. The collaboration will leverage SUEZ’s expertise and technologies in seawater desalination, and benefit from the strong local experience and construction capabilities of JEMCO.

Iloilo City Mayor Jerry Treñas said: “This exceptional initiative seeks to ensure a consistent and reliable supply of potable water for Ilonggos, enhancing their quality of life while bolstering Iloilo’s infrastructure and driving economic growth.”

Christopher Andrew B. Pangilinan, CEO and President of Metro Pacific Water said: “MPW’s commitment to providing sustainable water solutions is at the heart of this project. It underscores our dedication to supporting Iloilo’s rapid growth and development. This innovative and sustainable desalination facility will provide a long-term solution to the water challenges of Iloilo.”

Augusto F. Manalo, President & CEO of JEMCO noted: “The large-scale Seawater Reverse Osmosis (SWRO) plant in Metro Iloilo is of vital importance to the region and one which would mark a major milestone to be the largest plant of its kind in the Philippines. We thank the Metro Pacific Water Investment Corporation for this opportunity to be able to deliver this critical infrastructure project. We are proud to be partnering once more with SUEZ, one of the world’s leading provider of solutions for sustainable management of resources. It has always been JEMCO’s mission to be a major contributor to nation building and we believe that being part of a project such as this further reinforces our drive to be true to our mission.”

Pierre Pauliac, Co-CEO of SUEZ and Chief Operating Officer Water said: “Given the critical water situation in the region, we are determined to secure a stable and reliable water supply for our customers by leveraging our 50 years of experience and technological know-how in seawater desalination worldwide. This collaboration is a testament to the trust our partners and clients place in us, and a new step in SUEZ’s expansion in Southeast Asia.”

SUEZ and partners commence construction of Philippines’ largest seawater desalination plant in Metro Iloilo.
SUEZ and partners commence construction of Philippines’ largest seawater desalination plant in Metro Iloilo.

About SUEZ:

Faced with growing environmental challenges, SUEZ has been delivering essential services that protect and improve our quality of life for more than 160 years. SUEZ provides its customers with innovative and resilient solutions for water and waste services. With 40,000 employees across 40 countries, the Group works with customers to create value over the full lifecycle of their assets and services, and to drive their low carbon transition. In 2023, SUEZ provided drinking water for 57 million people worldwide and sanitation services for more than 36 million people. The Group generated 7.7 TWh of energy from waste and wastewater. In 2023, SUEZ generated revenues of 8.9 billion euros. For more information: www.suez.com / X @suez / LinkedIn @SUEZ.

In Asia, SUEZ’s journey began some 70 years ago, first in Southeast Asia before expanding to China 50 years ago. With 6,500+ employees across Asia, SUEZ has built over 600 water and wastewater treatment plants. Together with our local partners, we also provide water and waste recycling and recovery services to 25+ million people and 22 industrial parks across the region. SUEZ is recognized as one of the most influential companies in China and a service benchmark for leading Asia’s environmental industry. Today, SUEZ works with municipal and industrial customers in more than 30 major cities and regions across China, manages China’s first PPP water contract in Macao, operates one of Asia’s largest hazardous waste incineration facilities in Shanghai, and has invested over RMB 6 billion in Chongqing.

Schneider Electric Announces Galaxy VXL UPS – the Industry’s Most Compact, High Density Power Protection System for AI, Data Center, and Large-Scale Electrical Workloads

  • New, ultra-compact UPS offers next-generation power protection for critical infrastructure environments, including AI-ready data centers, semiconductors, commercial, and industrial manufacturing facilities
  • Pioneering high-density design and fault-tolerant architecture maximizes availability and offers up to 99% efficiency while minimizing total cost of ownership
  • Includes enhanced safety and cybersecurity features, remote monitoring capabilities, and services plan for maximum lifespan and exclusive support

HONG KONG SAR – Media OutReach Newswire – 7 April 2025 – Schneider Electric, the leader in the digital transformation of energy management and automation, has announced the launch of its new Galaxy VXL – a highly efficient, compact, modular, scalable, and redundant 500-1250 kW (400V) 3-phase uninterruptible power supply (UPS), complete with enhanced cybersecurity, software, and safety features.

Galaxy VXL UPS
Galaxy VXL UPS

At just 1.2m2 with a power density of up to 1042 kW/m2, Galaxy VXL sets a new benchmark in efficient, sustainable, and advanced UPS technologies. Available immediately in all 400V IEC regions worldwide, Galaxy VXL delivers the highest levels of power performance for AI, colocation, and hyperscale data center environments, as well as large-scale critical infrastructure and electrical systems within commercial buildings and industrial facilities.

With its industry-first compact design, high-density power provision, and AI-load tolerant design, Galaxy VXL maximizes uptime and availability for the most energy-intensive infrastructure systems – being capable of powering up to 1.25 MW in one frame, and up to 5 MW with 4 units running in parallel, while increasing both operational and energy efficiencies to help minimize customers’ total cost of ownership (TCO).

Through its patented operating technologies, Galaxy VXL delivers up to 99% in its high-efficiency eConversion mode, and up to 97.5% efficiency in double conversion mode, providing Class-1 power protection alongside leading levels of energy reduction, while lowering the UPSs’ carbon emissions by a factor of two.

With a 52% smaller footprint compared with the industry average, its scalable, modular design also enables N+1 levels of redundancy to increase the system level of availability by a factor of 10. Further, through its modular architecture, customers can reduce their capital expenditure (CapEx) by purchasing power modules as they need them, enjoying optimized energy efficiency, and adding more power modules as demands grow.

Galaxy VXL is also compatible with both Lithium-ion and VRLA batteries, and with its Live Swap function, allows for greater uptime, availability, and easier serviceability – offering highly resilient, flexible, and predictable runtimes for data center, IT, and critical electrical loads. This is complemented by anywhere remote monitoring via Schneider Electric’s EcoStruxure IT software, and enhanced security and ethernet connections, which are certified to the latest IEC 62443-4-2 security standards, providing a completely secure and connected remote management experience.

“As dependency on large-scale infrastructure systems grows at an unprecedented rate, it’s crucial that customers can access the most sustainable, resilient, and efficient technologies to safeguard their critical systems, while minimizing their energy and environmental impact,” said Tarunjeet Sarao, SVP Data Center Systems, Schneider Electric. “Our new Galaxy VXL UPS combines a compact, innovative, and highly efficient design with enhanced safety features, providing world-leading power protection for a wide range of AI, data center, and industrial applications. This ensures the high-density workloads of the future are supported by unparalleled levels of reliability.”

Key features and benefits
Schneider Electric’s Galaxy VXL has been designed to offer record breaking power densities, and an AI-ready power architecture for the most energy-intensive workloads. For the first time, this new UPS provides customers with a 1.25 MW scalable and modular solution with 125 kW/3U power modules in 1.2m2 footprint, while being capable of supporting up to 1.25 MW of critical load in one frame and up to 5 MW with 4 units in parallel in only 4.8m2 space. Key benefits include:

  • Modular, scalable, high-power design: With a power density of 1042 kW/m2, customers can deploy a 1.25 MW modular UPS in a single frame, and add power modules incrementally via pay-as-you-grow flexibility.
  • Smaller footprint: Standing at 1.2m2, Galaxy VXL has a 52% footprint improvement compared with industry average, with full front access and no rear clearance, offering better power and space utilization.
  • Increased efficiency and sustainability: Galaxy VXL provides up to 99% efficiency in eConversion mode and up to 97.5% efficiency in double conversion mode. Its compact footprint means raw material reduction, less packaging, and includes SPoT (Smart Power Test) mode for UPS and Power Module testing, saving electricity.
  • Lower CapEx and OpEx: Improved operational and energy efficiencies provide a catalyst for lower electricity bills, and ease of service/maintenance equates to lower labor cost for a better TCO.
  • Reinforced, resilient design: Galaxy VXL utilizes conformal-coated boards, 100 kA short circuit rating and optional seismic kit for a robust mechanical design.
  • Enhanced cybersecurity and safety: Galaxy VXL is certified to the latest IEC 62443-4-2 security standards and includes Live Swap technology to allow power module replacements, with zero downtime.
  • Perfect for prefabricated data centers: With a smaller physical footprint, higher efficiency, and lower cost, Galaxy VXL provides a resilient backbone for the prefabricated data centers of the future.


Scaling up to customer demands for AI systems

To meet customer demands for AI systems, Schneider Electric has increased manufacturing and production capacity at a host of its global factories.

Additionally, Galaxy VXL will be available at Schneider Electric’s Sant Boi, Barcelona and Xiamen, China Factories, where it will be integrated to form the resilient backbone for Schneider Electric’s prefabricated, modular range of high-compute workload data center solutions.

Schneider Electric’s Galaxy VXL is available for order immediately. For more information, visit the website.

Related resources:

Hashtag: #EcoStruxure #UPS #Datacenter #AI

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

About Schneider Electric

Schneider’s purpose is to create Impact by empowering all to make the most of our energy and resources, bridging progress and sustainability for all. At Schneider, we call this Life Is On.

Our mission is to be the trusted partner in Sustainability and Efficiency.

We are a global industrial technology leader bringing world-leading expertise in electrification, automation and digitization to smart industries, resilient infrastructure, future-proof data centers, intelligent buildings, and intuitive homes. Anchored by our deep domain expertise, we provide integrated end-to-end lifecycle AI enabled Industrial IoT solutions with connected products, automation, software and services, delivering digital twins to enable profitable growth for our customers.

We are a people company with an ecosystem of 150,000 colleagues and more than a million partners operating in over 100 countries to ensure proximity to our customers and stakeholders. We embrace diversity and inclusion in everything we do, guided by our meaningful purpose of a sustainable future for all.

Discover the newest perspectives shaping sustainability, electricity 4.0, and next-generation automation on .

Desay Battery Unveils Latest Energy Storage Solutions at Middle East Energy Dubai 2025

HUIZHOU, China, April 7, 2025 /PRNewswire/ — Desay Battery, a pioneer in energy storage, presented its newest self-developed products and solutions at Middle East Energy Dubai 2025, the Middle East’s most influential exhibition for power and renewable energy. The participation underscored the company’s commitment to advancing sustainable energy technologies in the region.

The exhibition highlighted Desay Battery’s advanced battery cell technology, featuring a wide array of products. These included high-performance lithium-ion cells (DLP-100, DLP-280, DLP-314) and the innovative DSP-60 sodium-ion battery.

Beyond cell technology, Desay Battery introduced its modular energy storage systems, with scalable 100Ah and 280Ah lithium modules and 52S battery packs for versatile integration. For commercial and industrial use, the company presented the Lumos 215kWh and 344kWh C&I DC ESS energy storage cabinets. Residential offerings included 10-25kWh LV Residential ESS and 21kWh HV DCDC Residential ESS (280Ah), providing efficient, space-saving options for homes.

Additionally, Desay Battery displayed large-scale infrastructure solutions such as Vita 5MWh Utility ESS liquid-cooled container storage system for grid support and UPS battery cabinets for critical backup power as well.

“The Middle East is at a crucial stage in its shift to renewable energy, driven by a strong need for carbon reduction and economic change,” said Jerry Li from Desay Battery “Our participation in this exhibition underscores our expertise and innovation in energy storage solutions, specifically designed to endure the region’s challenging high-temperature and high-humidity environments and enables us to engage with industry professionals across the Middle East.”

With over 20 years of expertise in the lithium battery industry, Desay Battery has established itself as a leader in the development and design of lithium battery PACK, system integration, and smart manufacturing technology for high-end systems. The company offers one-stop services, including BMS/EMS design, integration, and testing. It also operates a modern automated production facility and a high-standard battery performance test lab. Desay Battery’s dedication to full lifecycle quality control, safety management, and innovative design has secured its position on Bloomberg’s Tier 1 energy storage ranking for Q1 2025.

As the Middle East energy storage market continues to evolve, Desay Battery is strategically positioned to expand its presence in the region. The company remains focused on providing high-quality, region-specific products and services, reinforcing its dedication to being a reliable and trusted partner in supporting the Middle East’s energy transition and renewable energy goals. For more information, please visit http://www.desayest.com

Top 10 New Tokens on MEXC Average 4,770% Growth in March

VICTORIA, Seychelles, April 7, 2025 /PRNewswire/ —  MEXC, a leading global cryptocurrency exchange, has released the latest information on the performance of trading operations on the platform, highlighting new milestones and delivering invaluable insights into overall market trends. The dynamics of the BSC ecosystem and specific actions taken by MEXC have allowed average prices on top tokens to excel by thousands of percent, and user numbers to swell, underscoring the importance of new instruments and sectors on general market traction.

Top 10 New Tokens on MEXC Average 4,770% Growth in March
Top 10 New Tokens on MEXC Average 4,770% Growth in March

Key Takeaways:

  • MEXC listed 129 new tokens in March, 42 of them hosted by the BSC ecosystem;
  • Average price of the top 5 trending tokens on BSC overstepped by 3,760%;
  • Top 10 new tokens achieved an average pricing of 4,770% in March, up fourfold from January and February;
  • MEXC introduced the 0% trading fees for SOL, HYPE, AAVE, and AIXBT, boosting user numbers by 17.8% month-over-month, and trading volume by 170%.
  • Among the top 10 new tokens in March, meme tokens made up half of March’s top 10 spots defying the recent downturn in the sector.

MEXC started March with news of listing 129 new tokens, 42 of which were hosted on the BSC ecosystem. The given number accounts for 32.6% of overall trading, highlighting the importance of the BSC for MEXC and the degree of the exchange’s penetration and integration with the ecosystem. Total spot trading for new tokens accounted for 50.8%, rising by 30.1% month-over-month. Overall trading volume spiked by 56.6%, up by 63.5% compared to February. These dynamics indicate that users are resorting to MEXC as a preferred venue for trading BSC-hosted tokens.

The BSC ecosystem took a leading role in the surge, with top 5 trending tokens reaching an average price increase of 3,760%. The uptrend was driven by MUBARAK, BUBB, and TUT, with 10,900%, 4,168%, and 2,000%, respectively. At the same time, the top 10 new tokens showcased an average price increase of 4,770%, up from 1,174% for the same token category in January and February. MEME tokens took up half of the leaders’ pedestal, with assets from the Infra, AI, and DePIN sectors taking up the remaining spots.

MEXC confirmed its position as a leader across multiple sectors of crypto asset trading, further solidifying its commitment to trading excellence by introducing the 0% Trading Fees Campaign. The action encompassed such pairs as SOL/USDT, HYPE/USDT, AAVE/USDT, and AIXBT/USDT. The campaign has already proven its effectiveness, with the number of traders of zero-fee pairs growing by 17.8% month-over-month, contributing to an overall 170.2% increase in trading volume. SOL/USDT trading pair led with an 186% increase in daily average trading volume and a 209% rise in market share (from 9.8% to 30.3%). RAY/USDT followed with a 27.8% share, while HBAR/USDT and HYPE/USDT rose by 115% and 165%, reaching 18.8% and 13.3% market share, respectively.

The general downturn in the crypto market throughout March of 2025 did not hinder MEXC from continuing to solidify its position as a leader in terms of trading volume growth. The exchange is taking a significant role in the ongoing expansion of the BSC ecosystem, which contributes new tokens to traders. MEXC is committed to remaining a market leader and delivering world-class service to traders at low trading costs with a broad array of innovations and lucrative trading opportunities.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 34 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website X Telegram |How to Sign Up on MEXC

TCTM Announces US$2.0 million Private Placement of Class A Ordinary Shares

BEIJING, April 7, 2025 /PRNewswire/ — TCTM Kids IT Education Inc. (NASDAQ: TCTM) (TCTM or the Company), a leading provider of IT-focused supplementary STEM education services in China, today announced that it has entered into share purchase agreements with certain investors on April 1, 2025. Under the share purchase agreements, the Company agrees to sell and issue an aggregate of 25,000,000 Class A ordinary shares of the Company for a total purchase price of US$2.0 million. The per share purchase price is approximately US$0.08, which is the closing sale price of the Companys American depositary shares (“ADSs) as reported by Nasdaq on March 31, 2025. Each ADS currently represents five of the Companys Class A ordinary shares.

Mr. Shaoyun Han, chairman of the Board., commented, The financing proceeds will support our expansion into the AI-driven medical software industry, further diversifying our business. We are pleased that investors have confidence in our strategic initiatives and expansion plans. Looking forward, we will continue to execute our strategic plans and strive to create long-term value for our investors.

The closings of the transactions are subject to the satisfaction of customary closing conditions and are expected to take place no later than April 7, 2025. The investors have each agreed not to sell, transfer or dispose of any securities acquired in the transactions for 180 days after their respective closing dates.

The foregoing description of the private placement and the share purchase agreement does not purport to be complete and is qualified in its entirety by the full text of the form of share purchase agreement attached as an exhibit to a Current Report on Form 6-K to be filed with the U.S. Securities and Exchange Commission.

The sale and issuance of the Class A ordinary shares are exempt from registration under the Securities Act of 1933, as amended (the Securities Act) pursuant to Section 4(a)(2) of the Securities Act regarding transactions not involving a public offering and is made in reliance on, and in compliance with, Regulation D and/or Regulation S under the Securities Act, as applicable.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any offer, solicitation or sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About TCTM Kids IT Education Inc.

TCTM is a leading provider of IT-focused supplementary STEM education services in China. Through its innovative education platform combining live distance instruction, classroom-based tutoring and online learning modules, TCTM offers IT-focused supplementary STEM education programs, including computer coding and robotics programming courses, etc., targeting students between three and eighteen years of age. Aiming to encourage “code to learn,” TCTM embraces the latest trends in STEM education and technology to develop children’s logical thinking and learning abilities while allowing them to discover their interests and potential.

Safe Harbor Statement

This current report contains forward-looking statements made under the “safe harbor” provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as will, expects, anticipates, future, intends, plans, believes, estimates, confident and similar statements. TCTM may also make written or oral forward-looking statements in its reports filed with or furnished to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including any business outlook and statements about TCTMs beliefs and expectations, are forward-looking statements. Many factors, risks and uncertainties could cause actual results to differ materially from those in the forward-looking statements.

TCTM Announces Entering into An Intangible Asset Purchase Agreement

BEIJING, April 7, 2025 /PRNewswire/ — TCTM Kids IT Education Inc. (NASDAQ: TCTM) (“TCTM” or the “Company”), a leading provider of IT-focused supplementary STEM education services in China, today announced that it has entered into an intangible asset purchase agreement with Jeethen International Co., Limited (“Jeethen”) on April 1, 2025 (the “Agreement”). Under the Agreement, the Company will acquire from Jeethen core algorithms and related software and hardware systems for brain-computer interfaces, valued at US$10.85 million. As consideration, the Company agrees to issue 135,625,000 Class A ordinary shares of the Company to Jeethen. The number of Class A ordinary shares to be issued was determined by dividing the total consideration of US$10.85 million by the per share purchase price of approximately US$0.08, the closing sale price of the Company’s American depositary shares (“ADSs”) as reported by Nasdaq on March 31, 2025. Each ADS currently represents five of the Company’s Class A ordinary shares.

Mr. Shaoyun Han, chairman of the Board., commented, “This transaction is a critical step of the Company’s business strategy of expansion into the AI-driven medical software industry, further diversifying our business. We anticipate meaningful revenue growth, improved profit margins and believe this purchase will serve as a powerful catalyst for long-term value creation.” The closings of the transactions are subject to the satisfaction of customary closing conditions and are expected to take place no later than April 7, 2025.

About TCTM Kids IT Education Inc.

TCTM is a leading provider of IT-focused supplementary STEM education services in China. Through its innovative education platform combining live distance instruction, classroom-based tutoring and online learning modules, TCTM offers IT-focused supplementary STEM education programs, including computer coding and robotics programming courses, etc., targeting students between three and eighteen years of age. Aiming to encourage “code to learn,” TCTM embraces the latest trends in STEM education and technology to develop children’s logical thinking and learning abilities while allowing them to discover their interests and potential.

Safe Harbor Statement

This current report contains forward-looking statements made under the “safe harbor” provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. TCTM may also make written or oral forward-looking statements in its reports filed with or furnished to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including any business outlook and statements about TCTM’s beliefs and expectations, are forward-looking statements. Many factors, risks and uncertainties could cause actual results to differ materially from those in the forward-looking statements.

Prime Focus Technologies Strengthens Presence in Malaysia with Tiara Vision Partnership

LOS ANGELES, April 7, 2025 /PRNewswire/ – Prime Focus Technologies (PFT), the creator of CLEAR® and a global leader in AI-led media solutions, today announced a strategic partnership with Tiara Vision in Malaysia. This alliance marks a significant step in PFT’s commitment to delivering cutting-edge technology solutions to media and entertainment companies in Malaysia and across Southeast Asia.

“As media companies in the region rapidly evolve, they need future-ready solutions that accelerate workflows, reduce manual effort, and unlock faster monetization,” said Patricio Cummins, SVP and Global Head of Technology Sales, Prime Focus Technologies. “Together with Tiara Vision, we’re excited to bring the power of CLEAR® — with its AI Agents, Applications, and Agentic Platform Orchestration — to help transform content operations across Malaysia.”

“We are excited to partner with Prime Focus Technologies and bring their globally recognized CLEAR® platform to Malaysia,” said Ahmad Danial, Project Director, Tiara Vision. “This partnership aligns with our mission to deliver innovation-led solutions to our clients. With PFT’s AI-powered media capabilities and our local expertise, we aim to empower Malaysian broadcasters and content companies to thrive in the digital era.”

PFT will showcase these innovations at NAB Show 2025, Booth #W2255, offering live demonstrations of how AI-led orchestration is revolutionizing content operations at scale.

About Tiara Vision
Tiara Vision is a leading broadcast and communications system integrator in Malaysia, with over two decades of experience delivering innovative solutions across broadcast, IT, and media infrastructure. Known for its consultative approach and technical depth, Tiara Vision has been a trusted partner to broadcasters and media companies driving digital transformation in Malaysia and Southeast Asia.

For more information, visit: www.tiaravision.com

About Prime Focus Technologies
Prime Focus Technologies (PFT) is the creator of CLEAR®. It offers streaming platforms, studios, and broadcasters AI technology and media services powered by the cloud that help them enable creativity, efficiency, and, most importantly, revenue generation. PFT works with leading companies like Channel 4, ITV, Sinclair Broadcast Group, A&E Networks, Warner Bros. Discovery, Paramount, Crunchyroll, Insight TV, JioStar, BCCI, Tegna, Amazon MGM Studios, and more.

For more information, visit: www.primefocustechnologies.com

Press Contact:
T Shobhana
Senior Vice President and Global Head of Marketing
Prime Focus Technologies
Los Angeles, CA
t.shobhana@primefocus.com

Over 250 million people worldwide unaware they have diabetes, according to new research from the International Diabetes Federation (IDF)

New estimates from the IDF Diabetes Atlas highlight the growing diabetes threat, with nearly one in nine adults now living with the condition.

BRUSSELS, April 7, 2025 /PRNewswire/ — Globally, nearly one in nine adults (589 million) are now living with diabetes. Of these, an estimated 252 million are not yet aware they have the condition, placing them at higher risk of serious complications and early death. Many will be diagnosed when they already have one or more of the associated complications and have missed opportunities to prevent or delay their onset. These alarming findings are from the 11th edition of the International Diabetes Federation’s Diabetes Atlas, released today at the start of the organisation’s World Diabetes Congress in Bangkok, Thailand.

The latest IDF estimates show that:

  • 589 million adults (20-79 years) are living with diabetes globally, more than the population of the U.S., Canada, Mexico, and the Caribbean combined.
  • The estimated number of adults with diabetes is projected to reach 853 million by 2050.
  • 3 in 4 adults with diabetes live in low- and middle-income countries (LMICs).
  • Diabetes is responsible for over 3.4 million deaths annually.
  • 1 in 8 adults are at high risk of developing type 2 diabetes.
  • 1.8 million children and young adults under 20 are living with type 1 diabetes.

As the number of people living with diabetes continues to rise, the latest IDF Diabetes Atlas emphasises the urgent need for improved prevention, early detection and intervention to tackle the burden diabetes places on individuals, communities, health systems and economies. In 2024, global diabetes-related health expenditure surpassed one trillion US dollars for the first time, up from $966 billion in 2021.

First published in 2000, the IDF Diabetes Atlas offers insights into the impact of diabetes at national, regional, and global levels, based on the best available evidence. The 11th edition reflects new methodologies that incorporate trends in health expenditure, regional prevalence rates, and a focus on undiagnosed diabetes.

Commenting on the new edition, Professor Dianna Magliano, who co-Chairs the IDF Diabetes Atlas Committee along with Professor Edward Boyko, said: “The new data provides strong evidence that should spark action and promote initiatives to improve the lives of the many millions now living with diabetes and encourage more to detect diabetes in those at risk.” Professor Boyko added: “Addressing the rising trend will require greater awareness, a focus on prevention and ongoing surveillance of diabetes prevalence to support accurate monitoring of the global diabetes impact.”

Diabetes is associated with serious complications, such as cardiovascular diseases, kidney failure, nerve damage and loss of vision. The latest data shows that people living with type 2 diabetes, which accounts for over 90% of all diabetes, are at 84% higher risk of heart failure than people who do not have the condition.

The International Diabetes Federation warns that the alarming rise in the prevalence of diabetes demands immediate action. Governments should invest in preventive healthcare programmes, especially in regions where diabetes is often undiagnosed, to detect people at high risk early and help delay or avoid the onset of diabetes and its related complications.

Speaking at the launch, IDF President Professor Peter Schwarz said: “The findings underscore an urgent need for bolder national and global action to tackle diabetes. With over 4 in every 10 people with diabetes not yet diagnosed, governments must prioritise screening, early diagnosis, and education. Addressing the rising tide of diabetes will demand collaboration across multiple sectors and disciplines. Governments, the healthcare sector, education, technology and the private sectors all have a role to play. The consequences of ignoring or not paying sufficient attention to the diabetes challenge are too significant. Inaction in the face of this pandemic is not an option.”

To explore the global, regional and national findings presented in the IDF Diabetes Atlas 11th Edition, visit https://diabetesatlas.org/.

About the International Diabetes Federation

The International Diabetes Federation (IDF) is an umbrella organisation of over 240 national diabetes associations in more than 160 countries and territories. Its mission is to improve the lives of people with diabetes and prevent diabetes in those at risk. www.idf.org.

About the IDF Diabetes Atlas

The IDF Diabetes Atlas is the authoritative resource on the global impact of diabetes. First published in 2000, it is produced by the International Diabetes Federation (IDF) in collaboration with a global committee of scientific experts. It contains statistics on diabetes prevalence, diabetes-related mortality and health expenditure at the global, regional and national levels. The 11th edition has been produced thanks to educational grants from Sanofi, Novo Nordisk and MSD. https://diabetesatlas.org/.