On 14 February, an explosion erupted at an auto parts shop in Nasao village, Xay district, Oudomxay province, around 10:20 am, killing four people and injuring six others.
Vitafoods India 2025: Angel Yeast Brings Innovative Yeast Protein to Dining Table
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MUMBAI, India, Feb. 17, 2025 /PRNewswire/ — Angel Yeast (SH600298), a global leader in yeast manufacturing, has recently showcased its revolutionary yeast protein solutions and products at the 2025 Vitafoods India which was held from February 5 to 7 in Mumbai. Under the theme of “Discover the Values of Yeast for Human Health,” Angel Yeast showcased its flagship product AngeoPro, which offers a new and inclusive protein choice to global consumers.
At the tradeshow, Angel Yeast’s exhibition captivated audiences and industry partners with a series of interactive activities and immersive experience. AngeoPro, the premium yeast protein known for high digestibility, comprehensive amino acid profile and sustainability credentials, drew significant attention from nutrition brands, health professionals, distributors as well as visitors seeking innovative health solutions. A sampling zone offered firsthand experience for attendees to taste AngeoPro-infused beverages and explore its neutral flavor and versatile applications in functional foods and sports nutrition.
Angel Yeast is committed to the strategy of bringing yeast protein to the family dining tables. It continues to expand market share in Asia Pacific and collaborates with leading food manufacturers. To date, the yeast protein products are exported to over 40 countries and regions that are widely used in the production of protein powder, protein bar, dietary supplements, sports beverage, and vegan foods.
“Angel Yeast’s yeast protein contains 80 percent protein content that’s equal to plant-based protein. It’s an economical and environmental-friendly new protein material that can serve as an alternate to whey protein. We aim to further improve the protein content to 85 percent and push to popularize it into everyday life,” said Li Ku, Senior Engineer and Deputy General Manager of Protein Nutrition and Seasoning Technology Center.
Angel Yeast is committed to make premium yeast protein affordable to more people, and it already boasts a price advantage comparing to whey protein. Large-scale production will boost yeast protein’s competitiveness comparing to other high-quality vegetarian proteins. Angel Yeast’s industrial yeast protein production project at Baiyang Yichang will boost an annual output of 11,000 tons, which is expected to go into production in 2025.
“From the lab to dining table, Angel Yeast is breaking the protein material market pattern to innovative, upgrade and popularize nutrition for all. We will continue to advance R&D, manufacturing techniques and boost yeast protein production efficiency to bring more affordable products to consumers, and build a sustainable future,” said Li Ku.
/DISREGARD RELEASE: Copeland/
We are advised by Copeland that journalists and other readers should disregard the news release, “Copeland Expands Variable Speed Integrated Solution Portfolio Addressing Global Efficiency and Sustainability Challenges”, issued on 17-Feb-2025 by Copeland over PR Newswire, as the release will be released with updated information. (Copeland said a revised release will be issued after today. )
South Korean Actress Kim Sae-ron found dead at home

AFP— South Korean actress Kim Sae-ron was found dead in her house in Seoul on Sunday, police said.
“She was found dead, and there is no sign of foul play,” a police official told AFP, without giving more details. She was 24 years old.
Kim was found at her home Sunday evening by a friend who reported the discovery to police, the Yonhap news agency said.
Kim is best known for her role in the 2010 movie “The Man from Nowhere,” in which she played a kidnapped child rescued by a former special forces agent.
She won the best new actress award at the Korean Film Awards for her performance. In her career, Kim displayed versatility in a range of acting roles and won several other film awards.
But her career came to a sudden halt following a drunk-driving accident in 2022, for which she was fined KRW 20 million (USD 13,800).
With negative public sentiment following the incident, she later struggled to land a new role.
ZICC: The Thriving Countryside
BEIJING, Feb. 17, 2025 /PRNewswire/ — David W. Ferguson, honorary chief English editor at Foreign Languages Press, used the word “astonished” to described his first impression of Moganshan town, Deqing county, in his book China’s Development in the New Era – the Zhejiang Experience.
The superior geographical location and the good ecological environment have established Moganshan as the premier leisure destination for many expatriates residing in China. Ferguson was also attracted by this rural area of Zhejiang, which lured him to take part in a mountain race all the way from Beijing.
“What Moganshan put me in mind of as I travelled through its streets was an Alpine village in the summer,” he wrote in the book. Marco Militzer, regional general manager of naked Retreats, shares the same feeling. Militzer expressed his life goal as to be in places he like to be. For the past 11 years, he as being staying in Moganshan. The area is also attracting young people to start new businesses.
Why is this place so attractive? Dive into Ferguson’s storytelling.
Revolutionizing SQL Optimization: SQLFlash Launches Globally This Week
HONG KONG, Feb. 17, 2025 /PRNewswire/ — This Monday marks the global launch of SQLFlash, an AI-powered SQL optimization tool designed to help developers and database administrators tackle one of their biggest challenges: slow queries. By leveraging smart analysis and optimization, our product rewrites inefficient SQL statements, provides actionable index recommendations, and visualizes execution plans in an intuitive tree format—all automatically.
Key Features of SQLFlash:
- AI-Driven Query Optimization: Rewrites slow SQL queries for improved performance.
- Actionable Index Recommendations: Offers targeted suggestions to speed up your database.
- Execution Plan Visualization: Displays execution plans in an intuitive tree format for easy understanding.
- Multi-Database Support: Compatible with MySQL, Oracle, PostgreSQL, and ORM-generated queries from frameworks like MyBatis and Hibernate.
- Non-Invasive Design: Ensures sensitive data never leaves your system.
Built for Developers and Database Administrators
Unlike traditional tools, SQLFlash is praised for its ease of use and educational value. “It’s like having a personal SQL tutor,” says one early adopter. With performance improvements averaging over 50%, SQLFlash is already being called a game-changer in database management.
Launch Offer
To celebrate its launch, SQLFlash is offering the first 100 registrants free access to its enterprise-grade features. Whether you’re optimizing simple queries or tackling complex SQL challenges, SQLFlash promises to save time, reduce costs, and enhance your skills.
Get Started Today
Experience the future of SQL optimization. Visit SQLFlash to claim your free access and revolutionize your database management workflow.
Visit SQLFlash now!
The first 100 registrants can get one month of free membership:
https://sqlflash.chatdba.com/?utm_source=partner_media&utm_medium=social&utm_campaign=productannouncement&utm_content=visit_link
CONTACT: service.sqlflash@chatdba.com
Aspire launches Visa Corporate Card for Hong Kong Small Businesses
Aspire collaborates with Visa to streamline business finance for 360,000 small businesses in Hong Kong.
HONG KONG SAR – Media OutReach Newswire – 17 February 2025 – Aspire, a leading fintech headquartered in Singapore, has announced the launch of its Visa corporate card tailored specifically for small and medium-sized businesses in Hong Kong. By providing access to powerful, user-friendly financial tools, Aspire and Visa are setting the stage for a new era of growth and efficiency in Hong Kong’s business landscape.

Hong Kong’s SMBs, the backbone of its economy, often struggle with limited access to financial tools like corporate cards. Many Hong Kong business owners rely on personal accounts due to low limits, high fees, and poor expense visibility. Aspire’s new Visa card solves this by providing a user-friendly, cost-effective solution.
As growth remains the top priority for SMBs, nearly 79% are focused on expanding through cross-border transactions. Aspire’s Visa card empowers Hong Kong SMBs to thrive in the modern global economy by offering access to multi-currency and seamless cross-border payments. By combining Aspire’s innovative technology with Visa’s global network, businesses can manage their funds with one account, ensuring reliable, secure, and fast transactions that are widely accepted worldwide.
“Our partnership with Visa represents a significant leap forward in our mission to empower entrepreneurs and SMBs across the world,” said Andrea Baronchelli, Co-founder and CEO of Aspire. “This collaboration with Visa will enable businesses to grow, move money effortlessly across borders, and expand with confidence.”
“By bringing Visa’s global network together with Aspire’s all-in-one financial platform, the Aspire Visa corporate card offers a comprehensive financial solution for SMBs to thrive in today’s dynamic and interconnected business environment,” said Paulina Leong, General Manager of Visa Hong Kong and Macau. “This collaboration reinforces our commitment to equipping SMBs with world-class payment methods that will help drive Hong Kong’s digital economy forward.”
To celebrate the launch, all new clients who sign up at https://aspireapp.com/hk/lp/cashback-promo before February 28th will get 8% cash-back on the first HKD18,888 spend.
To borrow or not to borrow? Borrow only if you can repay!
Terms and conditions apply: https://hs.aspireapp.com/hk-jan-2025-card-cashback.
Hashtag: #Aspire
https://aspireapp.com/hk
https://www.linkedin.com/company/aspireapp-global/
The issuer is solely responsible for the content of this announcement.
Aspire
Aspire is the all-in-one finance platform for modern businesses globally, helping over 50,000 companies save time and money with international payments, treasury, expense, payable, and receivable management solutions – accessible via a single, user-friendly account.
Headquartered in Singapore, Aspire has 600+ employees across nine countries, clients in 30+ markets and is backed by global top tier VCs, including Sequoia, Lightspeed, Y-Combinator, Tencent and Paypal. In 2023, Aspire closed an oversubscribed US$100M Series C round and announced that it has achieved profitability.
Hong Kong SMEs face rising business costs and rapidly evolving cyber risks, while AI is thought to significantly impact business productivity, finds QBE Hong Kong annual SME survey
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- Almost 60% of survey respondents say increased costs and reduced profitability is a challenge, with about half finding cash flow and access to funding a challenge.
- To counter these issues, many continue to implement a wide range of measures, including the use of AI to support business productivity.
- While AI is having a positive impact on Hong Kong SMEs, risks loom, with the proportion of respondents concerned about AI-associated threats increasing.
- Fortunately, awareness of cyber risks is on the rise, as is the proportion of Hong Kong SMEs purchasing insurance as a means of protecting their businesses from these threats.
HONG KONG, Feb. 17, 2025 /PRNewswire/ — QBE Insurance today announced the findings from this year’s QBE Hong Kong SME Survey. Conducted between November 2024 and January 2025, 600 decision-makers gave their views on a wide range of business risks and opportunities, including the impact of artificial intelligence and cyber risks, and their appetite for insurance digitalisation.
Notably, today’s business challenges are being felt by many more Hong Kong SMEs than in the past. The percentage of businesses experiencing increased costs and lower profitability dramatically rose from 40% last year to almost 60% this year. Similarly, about half are challenged with both talent and labour shortages, as well as financial issues such as cash flow shortfalls and limited access to funding, compared to 39% and 34% respectively last year. The proportion of respondents experiencing such challenges rose across eight different categories year-on-year.
Echoing these findings, the economic outlook for the next 12 months is less positive than a year ago. Some 64% of respondents believe this year will be better economically than the past 12 months, versus 70% last year. Among several drivers of this viewpoint, 74% of today’s SMEs are experiencing deteriorating investor and customer confidence, up from just 63% last year. Survey respondents are equally as pessimistic about the performance of their respective companies: in the 2024 survey, 70% of respondents believed sales during the ensuing year would be better, compared to 65% in this year’s edition.
“Despite today’s difficult conditions, businesses are rising to the challenge,” observed Andex Fung, Head of SME Segment, Asia at QBE. “Over the past few years, Hong Kong SMEs have become more resilient to the myriad of challenges ahead of them, and continue to roll out measures designed to meet these. Three-quarters of Hong Kong SMEs have taken cost control measures, while 45% of respondents have streamlined their operations, and 42% have diversified their offerings. We believe these actions underscore the ability of local businesses to respond and adapt.”
AI adopted in business productivity, despite looming cyber risks
Increasingly, Hong Kong SMEs are leveraging AI when it comes to business productivity. This year, 57% of respondents said they were using the technology, up from 55% 12 months ago. Despite this, 57% also don’t believe AI will replace jobs in their respective companies any time soon.
While SMEs are upbeat about the current and future trajectory of AI, they are also wary of the future risks the technology poses. Some 47% said it presents a threat to business activity, up from 31% last year. The top AI risks include privacy issues and loss of jobs, cited by 69% of respondents; with 52% of SMEs having security concerns. Regarding the likelihood of AI replacing human roles, the majority of respondents only expect to see this in three areas — customer service, human resources, and sales and marketing — but not until after 2031.
Awareness of cyber risks overall is notably on the rise. Over half of SMEs say they are now fully informed of these, with 43% saying they are somewhat informed, up from 48% and 41% respectively. Despite this, the proportion of businesses experiencing a cyber event rose from 30% in 2024 to 33% this year. This increase might be the result of Hong Kong SMEs retracting on cyber protection activities. This year’s survey saw a fall in the proportion of businesses using cyber security solutions and software (down from 62% to 60%), staff training (45% to 43%), and cyber resilience consultants (42% to 36%).
While businesses may be reducing investment in these areas, they are however spending in other areas. The percentage of Hong Kong SMEs hiring dedicated cyber security staff rose from 43% to 49% over the past year, while those purchasing cyber insurance also rose, from 39% to 43%. The top three drivers for purchasing coverage this year include paying for legal services, hiring security or forensics experts, and covering the costs associated data breaches.
Of the 62% of respondents who do not have any form of cyber insurance, 63% would consider purchasing it, while 11% would categorically not consider it. Potential reasons include cost; the fact that their business doesn’t store data; and the perceived low impact of such events on their businesses.
“It’s heartening to see Hong Kong SMEs heighten both their knowledge as well as protection measures against cyber-attacks. The interdependency across sectors and businesses makes such risks unavoidable and the increased awareness of local SMEs demonstrates the role insurers like us can play in furthering their know-how and supporting their risk management in the current cyber risk landscape,” added Mr. Fung.
Insurance digitalisation sees a shift back towards offline channels
When purchasing insurance, whether cyber or any other form of coverage, customers prefer an experience that combines in-person and digital touchpoints. Overall, 68% of Hong Kong SMEs prefer offline channels (2024: 57%), versus 32% who prefer online (2024: 43%).
85% of SMEs prefer an insurance package tailored to their unique needs, covering multiple business risks, while 15% want individual products that cover specific business risks. “Although SMEs’ preference for online insurance channels has declined, our survey shows that a higher percentage of SMEs are using digital platforms for key touchpoints such as research, payment, inquiries, and claims,” noted Lei Yu, CEO for North Asia.
A notable finding from this year’s survey is a shift away from online towards offline channels, with a decline in preference for both online aggregators (2025: 16%; 2024: 22%) and direct online platforms (2025: 16%; 2024: 21%). While reliance on offline, in-person channels among brokers (2025: 30%; 2024: 22%) and banks (2025: 18% ; 2024: 14%) is up 8% and 4% respectively.
“Through a combination of various digital initiatives, combined with the high servicing levels of our intermediaries, we offer an omnichannel purchasing experience that leverages the best of both worlds — creating a highly personalised buying experience that enables customers to acquire holistic insurance solutions that meets their unique needs,” said Ms. Yu.
Appendix: Hong Kong SAR-Singapore SME survey: Business outlook summary
For results of a similar survey conducted with Singapore SMEs, please visit this link.
2025 vs. 2024 results |
Hong Kong SAR |
Singapore |
Top 5 business challenges (2025: 2024) |
1) Increasing costs / reduced profitability (59% : 40%) 2) Staff acquisition and retention / labour shortage (50% : 39%) 3) Finances (cash flow, funding, investments, forex etc.) (49% : 34%) 4) Economic uncertainty and financial resilience / economic downturn (47% : 30%) 5) Shortage of orders / business decline / closing down (46% : 33%)
|
1) Increasing costs / reduced profitability (66% : 50%) 2) Sales growth / reduced customer spending (56% : 40%) 3) Finances (cash flow, funding, investments, forex etc.) (51% : 36%) 4) Growing the business (50% : 36%) 5) Increasing competition (50% : 39%) |
Top 5 business concerns (2025: 2024) |
1) Cost of running the business (46% : 35%) 2) Possible economic downturns in Hong Kong or other countries (41% : 27%) 3) Long-term profitability (39% : 30%) 4) Shifting to a sustainable business model (39% : 30%) 5) Consolidating services (39% : 33%) |
1) Cost of running the business (62% : 39%) 2) Getting new customers / keeping customers (55% : 37%) 3) Long-term profitability (53% : 34%) 4) Cost of staff (48% : 33%) 5) Possible economic downturns in Singapore or other countries (48% : 29%) |
Business outlook (2025 : 2024) |
Economic confidence • Better (64% : 70%) • Unchanged (19% : 14%) • Worse (17% : 16%) Business sales outlook • Increase (65% : 70%) • Unchanged (21% : 20%) • Decrease (14% : 10%) |
Economic confidence • Better (52% : 60%) • Unchanged (26% : 22%) • Worse (22% : 18%) Business sales outlook • Increase (55% : 62%) • Unchanged (29% : 25%) • Decrease (17% : 13%) |
About QBE Hong Kong
QBE Hong Kong is part of QBE Insurance Group and has been serving Hong Kong for more than a century. Today, QBE Hong Kong operations include QBE Hongkong & Shanghai Insurance Limited, QBE General Insurance (Hong Kong) Limited, and QBE Mortgage Insurance (Asia) Limited. As a leading general insurer, QBE Hong Kong provides a comprehensive range of non-life insurance solutions for both business and personal customers. QBE Hong Kong operates through an extensive network of professional insurance agents and brokers.
To learn more about QBE Hong Kong, please visit www.qbe.com/hk