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GILF Shortlisted in Catalog of Guangdong’s Nationwide Trade Initiative (2025), Starting New Procurement Season in March

ZHONGSHAN, China, Feb. 25, 2025 /PRNewswire/ — Recently, the official website of the Department of Commerce of Guangdong Province released the Catalog of Guangdong’s Nationwide Trade Initiative (2025). After submission and expert review, the 32nd China (Guzhen) International Lighting Fair (GILF) and the 33rd  GILF were shortlisted in the catalog! From March 18 to 21, 2025, the 32nd GILF, as one of the recommended exhibitions of Guangdong’s Nationwide Trade Initiative, will be held at the Guzhen Conference and Exhibition Center, Zhongshan, Guangdong Province to present a one-stop procurement fair for purchasers in the spring!

Guangdong’s Nationwide Trade Initiative is a key concrete effort of Guangdong’s Global Trade Program, one of Guangdong’s ten major programs for high-quality trade development. Officially launched in Guangdong in 2021, it is a strategic initiative created by Guangdong Province to expand the domestic market, promote the coordinated development of domestic and international trade, and achieve mutual benefits and win-win results for production and trade.

The inclusion of the GILF in the Catalog of Guangdong’s Nationwide Trade Initiative (2025) is important as it is an evaluation of indicators of previous GILF sessions, including data, services, and the number of participating companies. It is a role model exhibition, as well as an authoritative certification of its professional level and market value. It can be said to be the crown jewel among exhibitions in the lighting industry. According to policies, shortlisted exhibitions will receive robust and prioritized support from the provincial government.

A Magnificent Event in China’s Lighting Capital

Under the theme of “Guzhen Lights up the World,” the 32nd GILF is strategically positioned as a specialized and market-oriented international fair. The main venue, the Guzhen Convention and Exhibition Center, will join hands with eight retail lighting stores. Through a gathering of more than 3,500 top-notch brands worldwide, it will be established as a spring procurement fair with an exhibition area of 1.5 million m2 that extends from the manufacturing end to exhibition and interacts with retail stores and supporting online activities.

With the main theme of “Procurement in Spring” and in response to the industrial trend to develop high-end, intelligent, branded, and customized products, the GILF focuses on displaying new and popular products of the lighting industry across smart lighting, residential lighting, commercial lighting, outdoor lighting, special lamps, lighting accessories, machinery, and smart home products. This will refresh the procurement experience for global merchants.

Winning Worldwide Favor and Becoming Increasingly Recognized

Despite being closed for several months, the 31st GILF remains clear in the memory of industrial experts for its bustling vitality. It attracted 98,736 visits from 141 countries/regions around the world, and the number of overseas visits surged by 35.39% from the previous year to an all-time high record. Moreover, eight sub-venues attracted 140,000 visits (240,000 in nine venues).

The analysis on the positions of visitors reveals that Chinese companies attached considerable importance to the GILF. Over 76% of visitors were members of corporate management. The analysis of their roles in procurement shows that over 80% played either a decisive or participatory role in procurement.

Under the concerted efforts from all circles, the 31st GILF was increasingly recognized and universally acclaimed. Over 92.85% of visitors expressed satisfaction; and 93.26% said they would visit the GILF again. Nearly 50% of the visitors came from “Belt and Road” countries/regions, mainly including Pakistan, Vietnam, South Korea, Malaysia, Russia, and Saudi Arabia, and altogether there were visitors from 88 countries/regions. This fully demonstrated GILF’s international influence.

Exhibitors of the last GILF were mainly lighting and lighting accessory manufacturers, including 76% who were able to market products in overseas countries. An enlarging group of import/export merchants and cross-border e-commerce retailers reflected a growing desire for overseas expansion among Chinese companies.

The upcoming 32nd GILF in March 2025 will leverage Guangdong’s Nationwide Trade Initiative to attract more Chinese and overseas exhibitors and visitors. While buidling up its own popularity, the event will continue to inject energy into industrial development, establish a mutually beneficial business exchange platform, and help companies in market expansion and customer acquisition, thereby giving an effectives boost to the high-quality development of the lighting industry.

ASEAN-UK SAGE Women in STEM Scholarships 2025 Open to Empower Women to Lead in STEM

ASEAN-UK SAGE is the UK’s flagship education programme in Southeast Asia, supporting girls and marginalised communities to access education and improve foundational learning.

JAKARTA, IndonesiaFeb. 11, 2025 /PRNewswire/ — On the International Day of Women and Girls in Science, the UK in collaboration with ASEAN Secretariat opened applications for the second year of Women in STEM Scholarships under the ASEAN-UK Supporting the Advancement of Girls’ Education (ASEAN-UK SAGE) programme. This initiative reaffirms the UK’s commitment to empowering women in Southeast Asia and Timor-Leste to overcome barriers in science, technology, engineering, and mathematics (STEM), enabling more women to lead in these fields.

This fully funded scholarship programme offers 11 exceptional women from 10 ASEAN Member States (AMS) and Timor-Leste the opportunity to pursue Master’s degrees at two of the UK’s leading universities: The University of Warwick and The University of Manchester. The ASEAN-UK SAGE offer complements the British Council Scholarships for Women in STEM also launched today.

In AMS, there is a mixed picture of gender parity in access and performance in STEM subjects. Despite outperforming boys in mathematics and science in primary and secondary education, but women remain underrepresented in STEM in tertiary education for only 19.3% women compared to 39.8% men obtain STEM degrees[1]. Women doctoral degree students are a minority[2]. According to UNESCO, women account for a minority of the world’s researchers[3]. In 2019, fewer than 30% of researchers worldwide were women and only 30%of female students select STEM-related fields in higher education[4]. Specifically for East Asia and the Pacific, women researchers accounted for 25%[5].

This disparity continues into the workforce, with the 2022 UN progress report on Sustainable Development Goal (SDG) 5, Gender Equality, indicating that only 20% of jobs in STEM sector are held by women globally and only 16.5% women inventors are associated with a patent[6].

ASEAN-UK SAGE Programme tackles gender barriers to basic digital skills for employment, aiming to support the development of basic digital skills for marginalised groups to improve employment opportunities and therefore quality of life, which helps narrow the development gap in ASEAN. The ASEAN-UK SAGE Women in STEM Scholarships support this goal by providing financial assistance to disadvantaged women from ASEAN countries and Timor-Leste to access UK education in key STEM-related fields.

In 2024, the first year of the ASEAN-UK SAGE scholarships, 12 women from nine countries (CambodiaIndonesiaMalaysiaMyanmarthe PhilippinesSingaporeThailandViet Nam, and Timor-Leste) went to the UK to study a range of STEM subjects from Environmental Data Science and Machine Learning to Engineering Business Management at master’s level at Imperial College London and the University of Warwick. They will be returning home after the end of the UK academic year.

Secretary-General of ASEAN, H. E. Dr. Kao Kim Hourn said:

“ASEAN’s workforce is vast, and it is imperative to harness the full potential of humanity by encouraging both girls and boys, men and women, to pursue and excel in STEM education, which is critical for the future world of work. By doing so, we ensure that ASEAN remains at the forefront of global economic and technological progress.

This scholarship comes at a timely moment as we in ASEAN look towards increasing the involvement of ASEAN women in STEM fields, reinforcing our commitment to gender inclusivity and sustainable development in alignment with regional and global priorities.”

Ambassador of the UK to ASEAN, H. E. Sarah Tiffin said:

“The UK is proud to support women in STEM in ASEAN. Supporting women benefits everyone. The ASEAN-UK SAGE Women in STEM Scholarships are a concrete demonstration of the UK’s commitment to inclusive and sustainable development through education and women’s empowerment.   They exemplify the thriving partnership between the UK and ASEAN.

The exceptional women who are undertaking the scholarships this year will return to their home countries to launch their STEM careers, driving science and innovation. They will advocate for women and inspire the next generation.  And we hope they will build on their experience to develop research collaborations between ASEAN and the UK, where our universities are known for their top-notch STEM programmes.”

Summer XiaDirector Southeast Asia, British Council said:

“Recognising the vital role of women in shaping the future of science and innovation, we are proud to also launch the fifth year of the British Council Women in STEM Scholarships. This programme offers over 65 scholarships globally, including 25 for outstanding women from East Asian countries this year. These prestigious scholarships are more than just financial support—they are a gateway to world-class education, cutting-edge research, and a powerful global network of women leaders in STEM.

With both scholarship programmes, we want to equip talented women with the skills, knowledge, and confidence to thrive, investing in a future where they will break barriers, drive discoveries, and inspire the next generation. Applications for both the ASEAN-UK SAGE Women in STEM Scholarships and the British Council Scholarships for Women in STEM are now open until mid-April 2025, covering tuition fees, stipends, travel costs, visas, and health coverage.”

For more information on the ASEAN–UK SAGE Women in STEM Scholarships, please visit: https://www.britishcouncil.id/en/programmes/education/sage

For more information on the British Council Scholarships for Women in STEM, please visit:

https://www.britishcouncil.org/study-work-abroad/in-uk/scholarship-women-stem

Note for editors – not for publication – background info on ASEAN-UK SAGE Programme

The ASEAN-UK Supporting the Advancement of Girls’ Education Programme or ASEAN-UK SAGE Programme is a five-year UK Foreign, Commonwealth & Development Office (FCDO) funded programme for ASEAN and Timor-Leste running between 2023 and 2028 with funding up to GBP 30 million.

The UK’s Dialogue Partner status with ASEAN was formalised in August 2021. A five-year ASEAN – UK Plan of Action (PoA) 2022–2026 was agreed in August 2022. The ASEAN-UK SAGE Programme is the first ASEAN-UK cooperation programme implemented under the PoA.

The ASEAN–UK SAGE Programme aims to provide evidence-based technical input that enables key players in the region including the ASEAN Secretariat (ASEC), Southeast Asian Ministers of Education Organization (SEAMEO), and ASEAN Member States (AMSs) to develop effective policies and programmes that improve foundational learning for all and that tackle exclusion and constraints limiting the achievement of girls and marginalised groups. The Programme is delivered through the following workstreams/pillars:

  • Foundational learning
  • Out-of-school girls and marginalised groups
  • Gender barriers to digital skills and employment

Integration of education technology will crosscut the three pillars.

The ASEAN–UK SAGE Programme is implemented by the British Council (www.britishcouncil.org), SEAMEO Secretariat (www.seameo.org), Australian Council for Educational Research (ACER) (www.acer.org), and EdTech Hub (www.edtechhub.org).

SOURCE British Council

World’s First Detachable Robot Vacuum Arrives: eufy 3-in-1 E20 Launches in Singapore

The 3-in-1 robot effortlessly transforms from a powerful robot vacuum to a versatile stick vacuum or a portable handheld vac, making it the ultimate solution for cleaning your home—from floors to stairs and everything in between.

SINGAPORE, Feb. 25, 2025 /PRNewswire/ — eufy, an Anker Innovations brand, known for its smart home cleaning and security solutions, announced its most innovative deep cleaning system: the eufy Robot Vacuum 3-in-1 E20. This flagship product, part of the smart home brand’s e-series lineup of cleaning solutions, marks a historic achievement by becoming the first robot product to win the 2025 Best of Innovation award at Consumer Electronics Show (CES).

World’s First Detachable Combo Robot Vacuum with Deep Cleaning System

The 3-in-1 E20’s design is not simply a combination of three products, but rather features an innovative FlexiONE 3-in-1 design with a detachable independent vacuum module that includes a fan motor, a five-stage filtration system, and a large-capacity dust cup. By using different attachments, it can transform into a robot vacuum, a handheld vacuum, and a cordless stick vacuum – designed to clean every area of your home.

With its lightweight versatility and optimization of design of the robot’s air duct and Battery Management System (BMS), along with the connectivity of the turbine motor, the robot can change its form easily and at any time without damage to the machine or sacrificing performance.

Five-Level AeroTurbo™ Suction System

For the first time in the industry, high-performance filters have been incorporated into a detachable robot vacuum. This prevents clogging of the dust net, so that it retains high suction power with less maintenance.

The 3-in-1 E20 Vacuum Combo can reach up to 30,000Pa suctioning power in handheld and stick vac mode, and a powerful 8,000Pa suctioning power in robotic vacuum mode.

Auto-Empty Station

The self-empty system in the 3-in-1 E20 automatically empties fine dust, debris and irritants into a sealed high-performance filter from the robot vacuum and hand vacuum, where it can be stored for up to 75 days without emptying.

40% Faster Flash Charging

The eufy Robot Vacuum 3-in-1 E20 features cutting-edge BMS technology, enabling it to charge from 0% to 100% in just 2.5 hours—40% faster than competitors.

Auto-Detangling Brush

Similar to the X10 Pro Omni, the E20 is equipped with a combined rubber and bristle brush along with anti-tangle comb teeth to prevent entanglement, especially for pet hair and long hair.

Millimeter Level Obstacle Avoidance

With eufy’s state-of-the-art triple-laser obstacle avoidance technology, obstacles as small as 15mm are detected and bypassed day and night.

Product Specifications

Specifications

eufy 3-in-1 E20

Battery Life

180 minutes

Charging Time

2.5h

Suction Power

8,000 Pa (Robot Vacuum) 30,000 Pa (Stick and Hand Vacuum)

Dustbin Capacity

350mL

Obstacle Avoidance

Millimeter-Level Triple Line Laser

Auto-Empty Station

Up to 75 Days

 

Pricing & Availability

The eufy Robot Vacuum 3-in-1 E20 is now available in Sinapore with an MSRP of S$799, and eufy will offer S$200 off for early birds until 3 March.

New Distributor in Singapore

To better serve the Singapore market, eufy has authorized its local distribution to Kaira Technologies Pte Ltd. Kaira Technologies Pte Ltd is a leading Information and Communications Technology (ICT) distributor, specializing in delivering cutting-edge solutions in security software, Pro AV networking & 5G connectivity solutions, data storage, and interactive display systems. Their solutions cater to corporate enterprises, educational institutions, government, healthcare, financial services, and the manufacturing sector.

Kaira’s diverse product portfolio includes workspace solutions, advanced surveillance cameras, wireless networking, IT peripherals, gaming, smart IT devices, and consumables. In a highly competitive ICT landscape, Kaira Global focuses on ensuring ready stock availability, reliable warranty support, and expert design and consultation services. By partnering with key stakeholders in Singapore and Malaysia, Kaira Global helps clients stay ahead of industry trends, offering innovative products that drive profitability and long-term business growth.

For more information, visit: www.kairaglobal.com

About Anker Innovations

Anker Innovations is a global leader in charging and home energy storage technology and a developer of unique, consumer electronic products that support premium audio, mobile entertainment and the emerging smart home space. This innovation is being led by its five key brands: Anker, Anker SOLIX, eufy, Nebula, and Soundcore. More information on Anker Innovations and its sub-brands can be found at anker.com.

About eufy

From robotic vacuum cleaners to wireless security systems, eufy focuses on building easy-to-use smart home devices and appliances designed to enhance people’s lives. More information about eufy can be found at eufy.com.

 

LG INTRODUCES INNOVATIVE TOTAL HOME SOLUTIONS AT KBIS AND IBS 2025

Company Presents Expanded Range of Solutions for Home Design and Residential Builder Markets at Major Industry Tradeshows in Las Vegas

SEOUL, South Korea, Feb. 25, 2025 /PRNewswire/ — LG Electronics (LG) is showcasing its cutting-edge residential space solutions at the 2025 Kitchen and Bath Industry Show (KBIS) and 2025 International Builders’ Show (IBS), both taking place in Las Vegas from February 25-27.

LG introduces innovative total home solutions at KBIS and IBS 2025
LG introduces innovative total home solutions at KBIS and IBS 2025

As a regular exhibitor at KBIS and a first-time participant at IBS – the world’s largest annual B2B construction tradeshow – LG introduces a range of innovative products and solutions designed to meet the evolving needs of home designers and builders in the American market. Aligned with America’s latest lifestyle and housing trends, LG’s offerings combine thoughtful design with cutting-edge technologies.

At KBIS 2025, LG is set to captivate and inspire attendees with its rebranded SKS (SIGNATURE KITCHEN SUITE) ultra-premium built-in kitchen solutions. Visitors will experience the passion and authenticity behind SKS’s True to Food philosophy through the brand’s latest innovations, including the SKS 36-inch Cook-zone-free Induction Pro Range and the revolutionary Island System concept.

Executive Chef Nick Ritchie, from the SKS Experience & Design Center in Napa Valley, Calif., will host live culinary demonstrations featuring the SKS Pro Range and Combi Wall Oven. These cutting-edge appliances feature Gourmet AI™, which analyzes available ingredients and suggests optimal recipes and cooking modes for an elevated cooking experience.

The SKS showcase will also highlight “Technicurean” concept kitchens – where culinary expertise meets advanced technology. Designed for different facets of the Technicurean lifestyle, these kitchens seamlessly integrate SKS’s latest innovations, including the 24-inch column wine cellar with LG ThinQ™-enabled wine curation and the stylish SKS Transitional package.

Maximizing Space, Energy Efficiency and Everyday Convenience with LG

Beyond SKS, LG’s KBIS exhibit presents a range of premium LG-branded solutions designed exclusively for the U.S. market. Visitors can explore high-capacity, high-efficiency appliances across four dedicated zones – Zero Clearance, Zero Gas, Zero Venting and Zero Inefficiency – experiencing seamless connectivity and personalized comfort enabled by the LG AI Home hub, ThinQ ON™ and smart life solutions including ThinQ UP™ and ThinQ Care™.

Emphasizing the “Zero” theme, LG introduces innovations designed to optimize home spaces. The Zero Clearance Zone, styled as a chic, modern living environment, features appliances incorporating LG’s space-efficient Zero Clearance™ technology. Showcasing the benefits of electrification, the Zero Gas Zone highlights a variety of electric kitchen and laundry appliances, including induction cooktops and ovens. The Zero Venting Zone, demonstrates LG’s leadership in heat pump dryers. The dryers provide enhanced efficiency with the company’s DUAL Inverter heat pump and accurate fabric-type and load-weight analysis with the AI DirectDrive™ (AI DD™) Motor and 6 Motion™ technology. A cutaway model provides an inside look at LG’s advanced heat pump dryer mechanics.

The Zero Inefficiency Zone introduces the “Zero Labor Home” lifestyle with LG ThinQ ON AI Home hub and a suite of AI-powered appliances. This includes spacious, high-capacity solutions ideal for larger households, such as the LG SIGNATURE 29-inch washer and dryer pair and the 29-inch WashTower™. Enhancing everyday convenience, LG ThinQ ON simplifies home management, ThinQ UP offers continuous service upgrades and ThinQ Care delivers premium, proactive support, creating a smarter and more efficient living experience.

Accelerating Expansion into the U.S. Builder Market with Total Space Solutions

Debuting at IBS, LG is showcasing an array of solutions for builders, designed to meet the evolving needs of homebuilders and the unique demands of their customers. LG’s comprehensive IBS exhibit features concept spaces designed to accommodate various lifestyles and preferences, each offering an optimized package that reflects the company’s intimate knowledge and understanding of the latest American housing trends.

Builders can explore a range of compelling home solution collections, including packages with ENERGY STAR-certified appliances with heat pump technology and premium built-in packages customized for single-family and multi-family homes. The exhibit’s central meeting area allows attendees to connect with LG Pro Builders, LG’s dedicated salesforce for the builder market, to discuss the residential solutions on display.

LG’s IBS exhibit also highlights the benefits of its smart home management solutions. LG ThinQ integrates smart appliances and IoT devices into a unified smart home system, enhancing convenience and security for homeowners. Additionally, LG ThinQ Care offers proactive support, intelligently safeguarding appliance performance and reliability while helping to prevent costly and inconvenient service visits.

“By participating in both KBIS and IBS, LG is reinforcing its commitment to delivering tailored, high-efficiency total space solutions for the U.S. built-in and housing markets,” said Lyu Jae-cheol, president of the LG Home Appliance Solution Company. “We will continue to provide innovative solutions that fully address the needs of both our B2C and B2B customers.”

Visitors to KBIS 2025 and IBS 2025 from February 25-27 can experience LG’s latest innovations at the company’s booths (West Hall #W2417 and #W2931, Las Vegas Convention Center).

About LG Electronics Home Appliance Solution Company 

The LG Home Appliance Solution Company (HS) is a global leader in home appliances and AI home solutions. By leveraging industry-leading core technologies, the HS Company is committed to enhancing consumers’ quality of life and promoting sustainability. The company develops thoughtfully designed kitchen and living appliance solutions and has recently integrated LG’s Robot Business Division to incorporate advanced robot technologies into its home solutions. Together, these products offer enhanced convenience, exceptional performance, efficient operation and sustainable lifestyle solutions. For more news on LG, visit www.LGnewsroom.com.

LG is set to captivate and inspire attendees with its rebranded SKS ultra-premium built-in kitchen solutions
LG is set to captivate and inspire attendees with its rebranded SKS ultra-premium built-in kitchen solutions

LG introduces innovations designed to optimize home spaces, emphasizing the “Zero” theme
LG introduces innovations designed to optimize home spaces, emphasizing the “Zero” theme

Debuting at IBS, LG is showcasing an array of solutions for builders, designed to meet the evolving needs of homebuilders and the unique demands of their customers
Debuting at IBS, LG is showcasing an array of solutions for builders, designed to meet the evolving needs of homebuilders and the unique demands of their customers

Asian Hardware Online Exhibition 2025 Grand Opening – A Premier B2B Hardware Event


TAIPEI, TAIWAN – Media OutReach Newswire – 25 February 2025 – The Asian Hardware Online Exhibition 2025 (AsianHardware 2025) is set to redefine the hardware products industry with its innovative hybrid format, seamlessly blending virtual and physical elements. Scheduled to run from February 25, 2025, to May 31, 2025, the exhibition provides an unparalleled opportunity for Asian suppliers, importers, and exporters to connect, collaborate, and showcase their brands on a global scale.

Asian Hardware Online Exhibition 2025 Grand Opening – A Premier B2B Hardware Event

Jointly organized by AsianNet and TradeAsia (www.e-tradeasia.com), AsianHardware 2025 has delivered exceptional results since its inception in 2022, attracting international buyers and generating significant business opportunities. The 2025 edition promises to be even more expansive, with a three-month exhibition period strategically aligned with major international events, including Expo Nacional Ferretera 2025 (Mexico City), National Hardware Show, Fastener Fair Global 2025 and MosBuild – Buildex. This alignment creates a synergistic platform for global buyers, facilitating convenient comparisons and streamlined purchasing experiences.

AsianHardware 2025 has already secured the participation of numerous esteemed Taiwanese suppliers, including industry leaders such as ASCCO INTERNATIONAL, SCANO INDUSTRIAL, KINGDOM ABRASIVE, RAI ANG ENTERPRISE, CHUN CHENG PLASTICS, MASTER RESOURCE INDUSTRIES, CASEMATE PLASTICS INDUSTRIES, A-BELT-LIN INDUSTRIAL, YI CHI HSIUNG, OAV EQUIPMENT & TOOLS, CHU-SHIANG INDUSTRIAL, FLYWELL INTERNATIONAL, YAU YOUNG AUTO PARTS and LEAVEN ENTERPRISE. These exhibitors will present their latest innovations across a diverse range of categories, including general hardware, door & window hardware, furniture hardware, cabinet hardware, bathroom hardware, plumbing hardware, sanitary ware & plumbing, bathroom & fitting, lock & safe, hand tool, power tool & accessory, pneumatic & air tool, hydraulic tool, measuring & gauging tool, building apparatus, building material, construction tool, outdoor furniture, light and lighting, tool part & accessory, screw, fastener and nail, paint & coating, adhesive & sealant, battery, wire, cable & cable assembly, agricultural & gardening tool, vehicle equipment & tool, auto accessories, general industrial equipment, machine tool, metal processing machinery, industrial supporting machinery, logistic supply, workplace safety products, fire & safety products, and environmental equipment. With thousands of innovative hardware products, along with practical accessories and solutions on display, AsianHardware 2025 promises a comprehensive, engaging, and highly focused experience tailored to the needs of buyers and professionals in the hardware supplies industry.

AsianHardware 2025 Online Exhibition:
https://www.etradeasia.com/online-show/37/Asian-Hardware-Online-Exhibition-2025.html

In response to the evolving landscape of international trade, AsianHardware 2025 offers an array of virtual solutions to ensure accessibility and global reach. These include dedicated exhibitor pages, electronic catalogs, and immersive virtual exhibition halls—all seamlessly integrated with TradeAsia. Buyers can explore products, initiate inquiries, and engage in procurement discussions in real time, eliminating geographical barriers and travel constraints.

Founded in 1997, TradeAsia (www.e-tradeasia.com) is a premier B2B international trade platform, serving as a vital link between global buyers and suppliers. With millions of registered members, over 600,000 suppliers, and a vast catalog of products, TradeAsia is a trusted resource for businesses seeking to expand their international presence. By fostering collaborations with hundreds of trading entities worldwide, TradeAsia amplifies visibility and marketing impact for its members, providing a competitive edge in the global market.

With its extended duration and comprehensive platform, AsianHardware 2025 is poised to be the most influential event for the hardware products industry in Asia. Don’t miss this opportunity to connect with leading suppliers and explore the latest innovations.Hashtag: #TradeAsia

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

Musk, memecoins, and the crypto market: Octa broker’s expert view


KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 25 February 2025 – Over the past few years, the strategic endorsements, enigmatic tweets, and business manoeuvres of Elon Musk have caused shock waves in the cryptocurrency market with wild price fluctuations. Today, he is creating a native cryptocurrency on the X platform under the temporary name, X Money.

Source: Shutterstock
Source: Shutterstock

When and if it happens, the project can turn X (ex. Twitter) into a complete financial system, making Musk an overnight competitor for traditional banking systems as well as traditional crypto payment systems. Others believe this could be an attempt by Musk to create a decentralised alternative to PayPal and traditional fintech platforms, counting on X’s massive user base to drive its uptake. Kar Yong Ang, a financial market analyst at Octa Broker, elaborates: Will X Money be the disruptive force that reshapes digital finance, or just another speculative experiment.

The Musk factor
When Elon Musk set his sights on Dogecoin, the market took notice. His influence became undeniable when a single tweet sent the price soaring. In December 2020, a seemingly casual tweet, ‘One word: Doge’, triggered a 20% price surge within hours.

By May 2021, following Musk’s Saturday Night Live appearance, Dogecoin had skyrocketed to $0.73, marking an astronomical rise of over 10,000% from the previous year. However, the euphoria was short-lived, as Musk jokingly referred to Dogecoin as a ‘hustle’ on national television, prompting an immediate crash. The cycle repeated as Musk continued to tease integrations with Tesla, Twitter (now X), and even SpaceX. Each hint of Dogecoin adoption sent waves through the market, illustrating an unprecedented case of social media-driven price manipulation.

Market impact analysis: price movement correlation
A close look at the price movement of Dogecoin shows an unavoidable connection between Musk’s interest and its price. Between December 2020 and May 2021, Dogecoin pumped from $0.003 to its all-time high, over 24,000%. The next year, as Musk’s attention turned elsewhere, it fell by 90%, showing its speculative volatility. When Musk floated the idea of accepting Dogecoin payments on Twitter in early 2023, its price jumped 30% in a day, indicating his influence had not diminished.

The broader crypto market, on the other hand, tended to mirror Dogecoin’s peaks and valleys, highlighting Musk’s broader sway. When Tesla announced that it would no longer accept Bitcoin due to environmental concerns, the entire market tanked, with Dogecoin shedding 40% of its value in a matter of days.

Dogecoin is not the only Musk-linked token to experience extreme price swings. The rise of Musk-inspired coins, such as ElonCoin, MuskSwap, and even parody tokens like Dogelon Mars, has followed a similar trajectory. In 2021, Dogelon Mars ($ELON) surged 4,000% in under a month, fueled by speculation that Musk would support it. Similarly, Musk’s offhand social media posts have caused ElonCoin to spike over 600% in a single week before rapidly retracing. Musk’s mere association with crypto—whether intentional or not—creates instant market distortions.

Legal and regulatory implications
Musk’s market-shaping tweets have not gone unnoticed by regulators. In 2022, a class-action lawsuit alleged that he had engaged in deliberate market manipulation, artificially inflating Dogecoin’s price before selling off at a profit. While Musk dismissed the case as frivolous, regulatory bodies, particularly the SEC, have intensified their scrutiny of influencer-driven market movements. ‘If the lawsuit succeeds, it could set a precedent for greater oversight in cryptocurrency markets, potentially curbing speculative hype cycles‘, Kar Yong Ang explains. ‘Such intervention could reshape the industry, making it less susceptible to manipulation but also reducing the high-risk, high-reward nature that attracts many traders’, concludes the expert.

Future Outlook: Market Predictions
The broader ‘Musk Effect’ continues to fuel speculative hysteria in the crypto markets. The effect is not limited to Musk’s own initiatives: coins tied to his public persona, family, and even unrelated memes tend to experience parabolic price appreciation.

Most recently, Trump and Melania-themed memecoins have introduced a fresh wave of speculative trading. Meanwhile, Musk himself still indirectly impacts the memecoin universe. His recent internet antics, such as rebranding himself ‘Harry Bōlz’ on X, coincided with a $28 million trading volume spike in niche tokens, demonstrating how market volatility triggers can stem from seemingly trivial events.

Investment considerations and risk assessment
With Musk potentially entering the cryptocurrency market directly through X Money, the landscape could shift dramatically. Unlike Dogecoin, which remains largely speculative and community-driven, a Musk-backed financial token could introduce tangible use cases, particularly within X’s expanding payment ecosystem.

Key risk factors for investors include:

  • Regulatory uncertainty: authorities are closely monitoring Musk’s financial ventures, and any potential legal challenges could impact X Money’s development.
  • Market volatility: If history is any indication, Musk’s crypto projects tend to cause significant market swings, benefiting early adopters but posing risks for those entering peak hype cycles.
  • Adoption challenges: For X Money to succeed, it must offer compelling advantages over existing payment solutions like PayPal and USDC-backed stablecoins. Its adoption will depend on how well it integrates with financial services within the X platform.

Despite these risks, the possibility of Musk disrupting the digital payments space cannot be overlooked. If X Money launches successfully, it could become a dominant force in fintech, further cementing Musk’s influence over global markets.

___

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 the APAC region, 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.

ADA and IPification Partner to Revolutionize Seamless Authentication for Digital Apps

SINGAPORE, Feb. 25, 2025 /PRNewswire/ — ADA, a leader in data and AI-driven digital transformation and all-in-one authentication solutions, and IPification, a pioneer in seamless mobile authentication, have announced their strategic partnership to drive next-generation authentication solutions for enterprises and digital applications.

By leveraging carrier API-based authentication, ADA and IPification will enable businesses to enhance security, streamline user experiences, and reduce fraud, all without compromising user privacy or convenience.

As part of this partnership, ADA will serve as a strategic go-to-market partner for IPification, ensuring seamless enterprise adoption and integration of authentication solutions. 

With a robust network across enterprises and mobile operators, ADA already provides a holistic approach to security, offering seamless carrier API-based authentication alongside multi-channel verification via SMS, WhatsApp, email, and other regional OTTs. This business and platform integration uniquely positions ADA to deliver a comprehensive authentication ecosystem that caters to the full spectrum of enterprise needs.

“ADA is committed to transforming digital experiences with the power of data, AI, and technology,” said Srinivas Gattamneni, CEO at ADA. “Our partnership with IPification marks a significant step in redefining authentication standards, enabling our partners to provide users with seamless, one-tap security that enhances both trust and engagement.”

IPification’s CEO Stefan Kostic added, “We are excited to collaborate with ADA, a company that shares our vision for frictionless security in the digital world. This partnership will empower enterprises with a best-in-class authentication solution that is both user-friendly and highly secure, eliminating the need for traditional passwords and one-time PINs.”

This joint business effort will drive enterprise adoption of carrier API-based authentication, ensuring organizations can meet the growing demand for secure and user-friendly authentication while maintaining compliance with evolving digital security standards.

For more information about this partnership, please visit adagobal.com and ipification.com.

About ADA
ADA is a leading provider of data and AI-driven solutions that transform businesses across digital, marketing, and commerce. With a strong presence in Asia and beyond, ADA empowers enterprises with advanced technology solutions to drive business growth, optimize customer experiences, and enhance digital transformation. For more information, visit www.adaglobal.com.

About IPification
IPification is building the backbone of mobile authentication of today and tomorrow. By verifying the phone number, SIM card, and device via IP address, IPification patented technology is enabling secure, passwordless, zero-tap compatible mobile user authentication, registration, transaction approval, and fraud prevention solutions for any mobile application. Readily available across numerous countries and regions, IPification is trusted by the leading telecom, technology, payment, and OTT companies.

For more information, please visit www.ipification.com

Medtronic Malaysia and Malaysian Society of Colorectal Surgeons sign MOU to enhance medical training and education programs

KUALA LUMPUR, Malaysia, Feb. 25, 2025 /PRNewswire/ — Medtronic plc, a global leader in healthcare technology, announced that Medtronic Malaysia and Malaysian Society of Colorectal Surgeons (MSCRS) have signed a Memorandum of Understanding (MoU) to jointly organize surgical workshops aimed at enhancing the skills of colorectal surgeons in Malaysia.

Dr Nurhashim Haron, Vice President of the Malaysian Society of Colorectal Surgeons, Dr Luqman Mazlan, President of the Malaysian Society of Colorectal Surgeons, Simon Yam, Country Director, Medtronic Malaysia, Sam Teoh, Senior Sales Field Manager, Medical Surgical, Medtronic Malaysia
Dr Nurhashim Haron, Vice President of the Malaysian Society of Colorectal Surgeons, Dr Luqman Mazlan, President of the Malaysian Society of Colorectal Surgeons, Simon Yam, Country Director, Medtronic Malaysia, Sam Teoh, Senior Sales Field Manager, Medical Surgical, Medtronic Malaysia

Through this collaboration, Medtronic Malaysia and MSCRS will partner with hospitals nationwide to organize surgical workshops tailored to the evolving needs of the medical community. These workshops will focus on advancing knowledge, improving surgical techniques, and ensuring optimal patient outcomes in colorectal care.

Paul Verhulst, vice president of Medtronic Southeast Asia, provided the following statement on the partnership: “This partnership underscores Medtronic’s commitment to advancing innovation and education in colorectal surgery. By working alongside MSCRS and hospitals in Malaysia, we aim to equip surgeons with the tools and techniques to enhance patient care. We strive to elevate surgical standards and drive better health outcomes through continuous learning and collaboration.”

Dr. Luqman Mazlan, president of the Malaysian Society of Colorectal Surgeons, commented: “This collaboration with Medtronic marks a significant milestone in advancing colorectal surgical education and training in Malaysia. Together, we will empower surgeons with the latest knowledge and techniques to address the growing complexities of colorectal health. This initiative will facilitate the exchange of expertise and best practices among healthcare professionals, ultimately benefiting patients nationwide.”

This partnership reflects Medtronic’s mission to support healthcare professionals through cutting-edge technologies, specialized training, and a strong network of expertise. By driving advancements in colorectal surgery, Medtronic Malaysia and MSCRS aim to enhance treatment standards and improve patient care across Malaysia.

About Medtronic

Bold thinking. Bolder actions. We are Medtronic. Medtronic plc, headquartered in Galway, Ireland, is the leading global healthcare technology company that boldly attacks the most challenging health problems facing humanity by searching out and finding solutions. Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 95,000+ passionate people across more than 150 countries. Our technologies and therapies treat 70 health conditions and include cardiac devices, surgical robotics, insulin pumps, surgical tools, patient monitoring systems, and more. Powered by our diverse knowledge, insatiable curiosity, and desire to help all those who need it, we deliver innovative technologies that transform the lives of two people every second, every hour, every day. Expect more from us as we empower insight-driven care, experiences that put people first, and better outcomes for our world. In everything we do, we are engineering the extraordinary. For more information on Medtronic, visit www.Medtronic.com and follow on LinkedIn.

About Malaysian Society of Colorectal Surgeons

The Malaysian Society of Colorectal Surgeons was registered with the Registrar of Societies on March 30, 2005.  Since then, the Society has pursued its goals of promoting colorectal services, training and research through a multitude of activities, including scientific conferences, workshops, access to academic literature and postgraduate training funding, as well as advocating for colorectal surgeons. The Society also maintains strong collaborations with sister societies internationally, as well as related societies such as enterostomal therapy nurses’ associations, ostomy societies and colorectal cancer survivor support groups.

Any forward-looking statements are subject to risks and uncertainties such as those described in Medtronic’s periodic reports on file with the Securities and Exchange Commission. Actual results may differ materially from anticipated results.