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Laos Central Bank Faces LAK 66.86 Billion Embezzlement Loss

Bank of Laos. This image is used only for representational purpose. (photo: Fintech News Singapore)

The Bank of the Lao PDR (BOL) is intensifying efforts to tackle corruption and internal mismanagement after inspection teams uncovered 181 cases of embezzlement and misappropriation between 2021 and 2025, resulting in losses of LAK 66.86 billion (USD 3 million).

Payment Asia Becomes Octopus’s Omnichannel Payment Facilitator

Using AI-Driven System to Speed Up Merchant Onboarding

HONG KONG, Nov. 18, 2025 /PRNewswire/ — Payment Asia, a leading payment service provider, gladly announced that the company has become the official Payment Facilitator of Octopus Cards Limited for both online and offline transactions in Hong Kong. The partnership integrates Octopus—used by more than 98% of the city’s population—into Payment Asia’s AI-enabled platform, extending access to small, medium-sized, and large enterprises that seeking unified payment solutions.

Payment Asia provides limited offer for merchants that apply for Octopus service.
Payment Asia provides limited offer for merchants that apply for Octopus service.

Merchants using Payment Asia’s platform can now accept Octopus payments across physical and digital channels. Leveraging the company’s AI-powered onboarding system, streamlined KYC procedures that enabling simultaneous activation of online and offline transaction capabilities. The system supports a wide range of acquiring channels, offering consolidated management through a single interface.

The collaboration arrives as Octopus accelerates its cross-border payment strategy. Following the introduction of the outbound version of “Easy Ride” service across Thailand, Singapore, Malaysia, and Vietnam in May, Octopus has also entered the Japanese market recently in October 2025. Additional features under development include Chinese mainland ride-hailing payments and peer-to-peer transfers.

“Octopus is embedded deeply in the daily commerce of Hong Kong and beyond,” said Paul Tang, Chief Operating Officer at Payment Asia. “Integrating Octopus into cloud platforms—such as unified ordering and settlement systems for restaurants—advances fintech innovation and smart city development.”

Edwin Lai, General Manager of Retail Business and Partnerships at Octopus added: “Payment Asia’s AI-powered onboarding platform in Hong Kong will serve as a core solution for enhancing customer experience. This partnership is more than a payment channel expansion, it represents a significant milestone in Hong Kong’s fintech export story.”

Effective immediately, merchants in Hong Kong can apply for integrated Octopus payment services through Payment Asia’s website or mobile app. The service offers tiered solutions suitable for businesses ranging from food stalls and e-commerce operators to cross-border traders.

On-us and Valuedesign Partner to Deliver Seamless Cross-Border Rewards, Expanding 800+ Japanese Merchant Access Across Asia

HONG KONG, TOKYO and BANGKOK, Nov. 18, 2025 /PRNewswire/ — On-us, a global FinTech and AI-powered B2B2C incentive platform, and Valuedesign, Japan’s leading prepaid and digital gift card infrastructure provider, are proud to announce a strategic partnership to expand cross-border reward experiences across Asia. The collaboration integrates Valuedesign’s extensive network of over 800 premium Japanese merchant brands into On-us’ Smart E-Voucher ecosystem, enabling outbound travelers from Mainland China, Hong Kong SAR, Taiwan region, Thailand and Malaysia to access curated rewards at more than 100,000 points of sale.

Through this partnership, On-us empowers collaborating banks, insurers, and loyalty programs with a broader variety of cross-border rewards, enabling the launch of real-time travel reward campaigns for card schemes. Personalized Smart E-Vouchers with curated, localized merchant choices are delivered instantly to travelers abroad for in-store redemption without app downloads and registration. This creates a seamless reward experience that incentivizes card spending and deepens campaign engagement.

By connecting Valuedesign’s merchant network with On-us’ platform, the collaboration delivers value across the entire ecosystem of customers, merchants and marketers. Travelers enjoy elevated travel journeys with seamless access to authentic Japanese brands, transforming rewards into instant and memorable local experiences. Japanese merchants and brands are opened to a direct channel to attract high-value overseas customers, gaining footfall and incremental spend through On-us’ global marketer network. For financial institutions, card schemes and loyalty marketers, the partnership offers a differentiated incentive strategy to drive engagement and spending, leveraging seamless, cross-border reward experiences powered by On-us’ Smart E-Voucher technology and Valuedesign’s extensive merchant network.

Meanwhile, Valuedesign gains access to On-us’ regional merchant network and a customer base of more than 50 million across Hong Kong and Southeast Asia, strengthening its reward presence across Asia. This partnership creates a more efficient and scalable cross-border digital incentive infrastructure, benefiting merchants by reducing operations friction through reduced manual processes and training needs. Together, On-us and Valuedesign accelerate cross-border engagement through a unified, data-driven approach that unlocks new strategic growth for brands across the region.

Shuji Hayashi, CEO of Valuedesign, highlighted “We are excited to partner with On-us to bring greater convenience and accessibility to travelers worldwide. This collaboration allows Japan’s top brands to connect directly with overseas customers, delivering seamless, instant, and culturally enriching reward experiences.”

Dennis Shi, Founder and CEO of On-us, remarked, “This partnership marks a milestone in building a truly borderless reward ecosystem. By integrating On-us’ FinTech innovation with Valuedesign’s merchant network, we empower financial institutions and loyalty programs to offer instant, personalized rewards while providing real-time behavioral insights to deepen engagement and predict customer needs.”

Together, On-us and Valuedesign are setting a new benchmark for cross-border reward innovation in Asia. The partnership underscores the shared vision of building a connected, frictionless reward ecosystem that strengthens regional commerce and redefines how brands engage global travelers, driving the next wave of digital loyalty transformation.

About Valuedesign
Valuedesign is Asia’s leading provider of tailored gift card solutions, offering end-to-end services in card design, distribution, and technology integration. With headquarters in Japan and operations across India and Thailand, Valuedesign partners with more than 800 brands through over 100,000 touchpoints.

About On-us
On-us is a Global B2B2C Incentive platform that leverages FinTech, data and behavioral AI, designed to elevate consumer loyalty engagement and unlock maximum value for marketers, merchants and customers. Through omni-channel APIs and data-driven campaigns, we empower businesses to strengthen customer engagement while maximizing ROI. Trusted by financial services providers, people management teams, blue-chip property developers, non-profit organizations, and SMEs, our platform delivers sustainable sales growth and seamless integration, driving success across industries.

For more information, please visit: https://www.on-us.com/about or follow our Linkedin for latest updates.

Hong Kong International Communications Electronic Chamber Launches with Historic Inaugural Banquet

Over 200 Enterprises Unite to Shape the Future of Global Trade


HONG KONG SAR – Media OutReach Newswire – 18 November 2025 – The Hong Kong International Communications Electronic Chamber (HKICEC), jointly initiated by industry leaders, was officially established on 13 November, 2025. The inaugural ceremony and banquet were held at the Hong Kong Convention and Exhibition Centre (New Wing), marking a new milestone for Hong Kong’s communications and electronics trade industry. The event brought together more than 200 member enterprises, along with representatives from the world’s Top 100 companies, policymakers, and business leaders from Hong Kong, Mainland China, and overseas. The grand occasion was filled to capacity, creating a vibrant and celebratory atmosphere.

The Inaugural Ceremony of the Hong Kong International Communications Electronic Chamber (HKICEC) was grandly unveiled, with the officiating guests including Dr. Lawrence Cheung, Deputy Secretary for Justice of the HKSAR, Mr. Li Wenbin, Deputy Director of the Kowloon Work Department of the Liaison Office of the Central People's Government, and Mr. Ho Lap-kee, District Officer of Kwun Tong, together with Chamber leaders.
The Inaugural Ceremony of the Hong Kong International Communications Electronic Chamber (HKICEC) was grandly unveiled, with the officiating guests including Dr. Lawrence Cheung, Deputy Secretary for Justice of the HKSAR, Mr. Li Wenbin, Deputy Director of the Kowloon Work Department of the Liaison Office of the Central People’s Government, and Mr. Ho Lap-kee, District Officer of Kwun Tong, together with Chamber leaders.

As a major trade organization for the communications and electronics sector, HKICEC is committed to promoting the efficient global circulation and rational allocation of communications equipment, advancing industry standardization and transparency, and strengthening Hong Kong’s position as an international hub for communications and electronics trade. The Chamber will serve as a vital bridge connecting suppliers, platforms, wholesalers, and policymakers, offering a platform for resource integration, technical exchange, and policy advocacy.

Mr. Algernon Yau, Secretary for Commerce and Economic Development of the HKSAR, remarked in his speech earlier that afternoon, “We are committed to strengthening Hong Kong’s position as a premier international trade and business center, as well as a leading telecommunications hub. In particular, we remain dedicated to fostering favourable business environment that unlocks the potential of high-value-added industries by leveraging Hong Kong’s unique advantages under the “one country, two systems” principle. I am confident that the HKICEC will play a pivotal role in driving the growth of the communications electronic industry by fostering innovation and strengthening collaboration, enabling the industry to meet the challenges of an evolving and dynamic landscape.”

At the banquet, Dr. Lawrence Cheung, Deputy Secretary for Justice of the HKSAR, highlighted Hong Kong’s strengths, “Hong Kong is an international hub for logistics and professional services, with a well-developed logistics system, rule of law, and financial services that provide an excellent business environment. We are well-positioned to play a leading role in communications equipment and electronics recycling, with vast development potential. The HKSAR Government attaches great importance to innovation and technology as well as the communications and electronics industry. Through policy support and international cooperation, we actively promote regional economic collaboration and low-carbon transformation, striving to build Hong Kong into an international innovation and technology center. The establishment of HKICEC not only demonstrates its strength but also reflects the cohesion of Hong Kong’s industry.”

The inauguration ceremony was officiated by Dr. Lawrence Cheung, Deputy Secretary for Justice of the HKSAR; Mr. Li Wenbin, Deputy Director of the Kowloon Work Department of the Liaison Office of the Central People’s Government; Mr. Ho Lap-kee, District Officer of Kwun Tong; and leaders of HKICEC, who together witnessed this historic moment. The first council members of HKICEC were formally introduced (*see list below). Nearly 180 banquet tables were fully booked, underscoring the industry’s strong recognition and support for the Chamber.

Mr. Jacky Tse, Chairman of HKICEC, also addressed the dinner, “Our vision in founding HKICEC is to ‘gather wisdom and strength, connect globally, empower the industry, and give back to society.’ We are committed to building an innovative, internationally minded platform for industry exchange. By pooling collective expertise, seizing opportunities in the Greater Bay Area, and driving the industry and new technologies onto the global stage, we aim to open a brighter future for Hong Kong’s communications and electronics sector and write an exciting new chapter together.”

Prior to the banquet, HKICEC hosted the Hong Kong International Communications Electronic Trade Forum 2025, featuring heavyweight speakers from international and Mainland enterprises. Leaders from Asurion, Sunstrike, PCS Wireless, AiFengPai, ATRenew (AiHuiShou), Zhuanzhuan, and HKICEC Chief Secretary Mr. Jacky Chan joined the discussions. The forum was moderated by Ms. Elizabeth Chen, ICEC International President, under the theme “Global Smart Mobile Device – New Engine · New Wave · New Opportunities.” Discussions focused on global market trends, platform development, technological innovation, and policy environments for refurbished mobile devices. Participants agreed that as the smart device market enters a stage of stock competition, circulation of refurbished devices not only extends product lifecycles but also enhances resource recycling and environmental benefits, becoming a new growth engine for the industry. The forum also explored Hong Kong’s unique role in global refurbished device trade, as a center for price discovery, logistics, and policy coordination.

Looking ahead, HKICEC will continue to foster industry collaboration, technological innovation, and international expansion, helping Hong Kong exert greater influence in the global communications and electronics trade arena. The Chamber will promote the global circulation and rational allocation of communications equipment, advance industry standardization and transaction transparency, encourage enterprises to adopt smart technologies to enhance efficiency, expand overseas markets, and deepen international cooperation – at the same time, HKICEC will advocate green recycling and ESG practices, driving the industry toward high-quality, sustainable, and digital development. Connecting the world, going global.

Major Board Members:

Chairman: Mr. Jacky Tse, Permanent Honorary Chairman: Mr. Huang Shaowu, Honorary Chairman: Mr. Wave Hu, Chief President: Mr. Huang Shunyong, Executive Chairman: Ms. Guo Shaohui, Chief Supervisor: Mr. Hung Kam Wong, Vice Chairman: Mr. Wu Xiaomin, Vice Chairman: Mr. Mark Ma, Executive President: Mr. Jeffy Wang, Chief Secretary: Mr. Jacky Chan, Treasurer: Mr. Sam Pang

Event photos available for download: http://bit.ly/3WYMgbO

Hashtag: #HKICEC

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

About HKICEC

Established in December 2024, The Hong Kong International Communications Electronic Chamber (HKICEC) serves as a key industrial body for the communications electronics sector. Founded by industry leaders, we enhance global trade flows, leverage Hong Kong’s entrepôt advantages, and uphold quality standards to strengthen Hong Kong’s pivotal role in telecom trade.

More details, please visit HKICEC website:

AIC to Showcase AI Optimized Server and Storage Solutions at SC25

TAIPEI, Nov. 18, 2025 /PRNewswire/ — AIC will showcase its latest server and AI storage platforms this week at Supercomputing 2025 (SC25) in St. Louis, highlighting solutions for fast growing AI, HPC, and enterprise workloads. Stop by AIC’s booth (#305) to see new Gen5 systems, partner integrated solutions, and a sneak preview of AIC’s upcoming Ethernet JBOD (eBOD) platform for scalable, Ethernet attached capacity. Additionally, AIC will be featured at several partners’ booths across the show floor.


At Micron’s booth (#3516), AIC and Micron will demonstrate an ultra-dense configuration pairing the AIC F2032-01-G5 with Micron 6600 ION 245TB E3.L SSDs—supporting 140+ PB per rack to meet the data demands of modern AI and HPC.

H3 Platform will be co-exhibiting with AIC at our booth, presenting a joint GPU-accelerated AI platform built on the Falcon 6048 system. The platform combines PCIe 6.0, high-density NVMe storage, and up to 6 GPUs, DPUs, or NICs to push NVMe performance to more than 200 million IOPs and remove storage bottlenecks for AI and HPC workloads. H3 is also showcasing its Falcon C5022 CXL memory pooling solution on AIC servers, enabling up to 5.5 TB of shared memory with simple monitoring and control so data centers can scale memory capacity more efficiently. 

AIC has also teamed up with Seagate to give SC25 attendees a first look at AIC’s new Ethernet JBOD (eBOD) technology—a fresh approach to building high capacity, Ethernet attached storage for AI workloads. In this collaboration, AIC provides the Ethernet-based JBOD, Seagate supplies the high-capacity HDD. Leveraging a DPU and an HBA card, the eBOD functions as a disaggregated storage enclosure that enables NVMe-oF on SAS/SATA-based drives, especially high-capacity HDDs. Together, the design ingests data at network speed, accelerates resilient checkpoint tiers for training, and scales out over standard Ethernet—reducing data movement overhead and total cost of ownership for large AI pipelines.

“SC25 pushes AI infrastructure forward,” said Michael Liang, President & CEO of AIC. “We’re here to show real progress in storage and compute, reconnect with partners and customers, and see what’s next. I’m especially excited to see our new Ethernet-based JBOD (eBOD) running on the floor—a practical step toward simpler, faster data pipelines at scale.”

AIC will also highlight a compact integration with ATTO Technology, featuring ExpressSAS® 24Gb/s SAS HBAs linking an AIC server and an AIC JBOD for high bandwidth, low latency expansion. The setup delivers predictable latency and sustained bandwidth for scale out AI training and HPC simulation workloads on AIC platforms.

“AIC’s showcase of our ExpressSAS at SC25 highlights its unmatched role in driving performance and reliability for HPC and AI,” said Tim Klein, president and CEO of ATTO Technology. “With advanced features and technology like ADS and ATTO360 support, ExpressSAS sets the standard for storage connectivity in high-performance computing environments.”

Key AIC systems on display at SC25 include:

  • F2026-01-G5 — high density storage server for AI data lakes, backup/restore, and analytics.
  • SB102-CA — GPU ready platform for AI inference and media acceleration.
  • SB201-SU (Hybrid) — balanced compute + capacity for virtualization and analytics.
  • HA2026-HC — resilient storage for mission critical and video workloads.

Additionally, AIC will appear with our partners Solidigm, Ma Labs, and VAST Data. To experience these systems firsthand, visit AIC at booth #305 or explore AIC technology at partner booths across the show floor

About AIC
AIC is a global leader in enterprise server and next generation AI storage systems, with 30 years of expertise in hardware engineering and system integration. AIC’s portfolio of rackmount servers, JBODs, and customized platforms powers workloads across AI, HPC, cloud, and edge environments. To learn more, visit www.aicipc.com.  

Arctech Shines at Renewable Energy India Expo 2025, Showcasing Leadership in Solar Solutions with Over 19GW of Orders in India

KUNSHAN, China, Nov. 18, 2025 /PRNewswire/ — Arctech, a world-leading provider of solar tracking and mounting systems, made a significant impact at the Renewable Energy India Expo 2025, presenting its advanced “Tracker+” and “Green Power+” solutions. The exhibition highlighted Arctech’s formidable expertise and service capabilities as a global leader in the tracker industry, reinforcing its strong commitment to the Indian market.

As one of the world’s fastest-growing renewable energy markets, India is actively pursuing its “2070 Carbon Neutrality” goal and aims to achieve over 500 GW of non-fossil fuel capacity by 2030, accounting for 50% of its total installed capacity. Facing the great chances, Arctech showcased its solutions tailored to address the specific needs of this dynamic market.

A key highlight was the “Tracker + Intelligent Cleaning Robot” solution. This innovative offering seamlessly integrates Arctech’s flagship 1P SkyLine II solar tracker with StarShine I, the intelligent cleaning robot, overcoming system compatibility challenges through smart, synchronized control. The solution combines the advantages of the multi-point parallel drive tracker—featuring high terrain adaptability with its “follow-the-terrain” design and precise positioning via smart AI algorithms—with the robot’s autonomous navigation, AI-powered path correction, and robust obstacle-crossing and cleaning capabilities. Together, they significantly enhance energy output, reduce operational costs, and boost the power plant’s lifetime value.

SkyLine II Solar Tracker and StarShine I Cleaning Robot
SkyLine II Solar Tracker and StarShine I Cleaning Robot

Under the “Green Power+” solution, Arctech demonstrated its Arcbank utility-scale energy storage system, which enhances system cycle efficiency and lifespan, ensuring round-the-clock revenue for PV-storage hybrid projects. Aligning with the global trend of integrated PV-storage-charging systems, the “Green Power+” solution not only ensures stable power output for solar plants but also helps address challenges such as grid instability and power supply-demand imbalances in certain regions of India, providing robust support for the country’s energy transition.

Beyond the technology, the exhibition allowed the team to deepen connections with local partners. Through one-on-one meetings and roundtable discussions, Arctech explored future collaborations, ongoing tenders and shared insights into local energy needs.

Since entering the Indian market in 2014, Arctech has successfully delivered several GW-scale benchmark projects. The company has now surpassed a remarkable 19 GW in cumulative orders in India and achieved the top spot in market shipments in 2024. Leveraging its success in India, Arctech continues to strengthen its business and service capabilities across the globe, with increasing international market share and a rising brand reputation, solidifying its position as a leading representative of high-quality “Intelligent Manufacturing from China.”

Moving forward, Arctech will remain steadfast in its customer-centric approach, combining its differentiated product solutions, reliable delivery, and profound understanding of the local market to fully support India in achieving its renewable energy targets and collectively advancing towards the vision of a “Zero-Carbon Earth.”

 

Arcbank Utility-Scale Energy Storage System
Arcbank Utility-Scale Energy Storage System

Thai Court Orders Ex-PM Thaksin to Pay USD 500 Million Tax Bill: Reports

A Thai court dismissed a royal insult case against former Prime Minister Thaksin Shinawatra, saying there was not enough evidence to prove wrongdoing. (Photo credit: Lillian Suwanrumpha/AFP)

AFP – Thailand’s Supreme Court ordered jailed former prime minister Thaksin Shinawatra on 17 November to pay back taxes over the sale of his telecoms firm, the judiciary said, with reports putting the sum due at around half a billion dollars.

In 2006, Thaksin was dogged by corruption allegations and mired in controversy over the tax-free sale of shares in his company, Shin Corp.

Later that year he was ousted as prime minister in a coup and then went into exile for more than a decade.

The 76-year-old politician, one of Thailand’s richest people, is currently serving a prison sentence in Bangkok for corruption during his time in office.

On 17 November, the Supreme Court overruled an appeals court decision in the tax case, “forcing Thaksin to follow the order by the Revenue Department to pay tax”, court spokesman Suriyan Hongvilai told AFP.

Suriyan did not provide the specific sum to be paid nor the court’s reasoning for its ruling.

Several Thai media outlets reported that the court ordered Thaksin to pay THB 17.6 billion (USD 540 million) in tax liabilities and fines.

Tax officials had slapped the former prime minister with a USD 500-million bill in 2017, resurrecting a dispute at the centre of the country’s political rift between the populist politician and the military establishment.

The controversy centered around whether Thaksin should have paid taxes on the sale of Shin Corp to Singapore’s Temasek Holdings in 2006.

The furore over the deal, which netted the Shinawatra family a USD 1.9-billion windfall, was a lightning rod for opposition to his government.

Protests culminated in the coup that booted him from office and sparked years of debilitating political infighting between his supporters and opponents.

The Shinawatra clan has for two decades been the key foe of Thailand’s pro-military, pro-royalty elite, who view their populist brand of politics as a threat to the traditional social order.

But the Shinawatra dynasty has faced a series of legal and political setbacks, including the court-ordered removal of Thaksin’s daughter, Paetongtarn, as prime minister in August over an ethics breach.


© Agence France-Presse

Novo Holdings Invests in Blue Planet to Build Zero-Waste Infrastructure Across Asia and Emerging Markets

SINGAPORE, Nov. 18, 2025 /PRNewswire/ — Blue Planet Environmental Solutions, a Singapore-headquartered sustainability company pioneering technology-driven, IP-based waste management and upcycling solutions, today announced a strategic investment from Novo Holdings, a leading global investor focused on advancing planetary health, sustainability, and environmental stewardship.

A panoramic look at Blue Planet’s circular waste infrastructure advancing Zero Waste to Landfill.
A panoramic look at Blue Planet’s circular waste infrastructure advancing Zero Waste to Landfill.

Founded in 2017, Blue Planet has developed an integrated platform for circular waste management that combines proprietary technologies, data analytics, and operational expertise to convert waste into valuable resources. Its group portfolio includes Zigma (India), Wah & Hua (Singapore), Smart Environmental (New Zealand) and few others delivering end-to-end solutions across landfill remediation, recycling, biofuel generation, and e-waste processing.

The investment from Novo Holdings strengthens Blue Planet’s technology-driven model and supports its commitment in building a circular, low-carbon economy in high-growth markets. The partnership will enable the company to expand sustainable infrastructure across India, Southeast Asia, New Zealand, and Gulf Cooperation Council (GCC) markets, deepen operational synergies across its regional network, and continue strategic, M&A-driven growth in identified segments. It will also reinforce initiatives in carbon credit generation, circular resource management, ESG-linked innovation, and development of environmentally friendly products from landfill waste.

Madhujeet Chimni, Founder and Chairman, Blue Planet Environmental Solutions, said: “We are excited to partner with Novo Holdings, whose global sustainability expertise aligns with our vision of building scalable, responsible waste solutions. This investment strengthens our strategic expansion into Southeast Asia and GCC markets, and enables continued M&A-driven growth in priority segments. It positions Blue Planet to deliver measurable social and economic impact while advancing Zero Waste to Landfill across the regions we serve.”

Prashant Singh, Co-Founder and CEO, Blue Planet Environmental Solutions, said: “This partnership empowers us to continue our strong focus on innovation across our platform and deploy advanced waste valorisation technologies, including converting landfill materials into high-value products such as pellets and cladding. It also supports our mission to expand sustainable infrastructure and develop data-driven circular models that reduce environmental footprints, drive resource efficiency, and create long-term value for industries and cities.”

Deepa Hingorani, Partner and Head of Asia, Planetary Health Investments, Novo Holdings, commented: “The rapid pace of urbanisation across Asia is intensifying the need for sustainable and context-specific waste solutions. Blue Planet exemplifies the type of knowledge-driven, impact-oriented platform that promotes resource efficiency and circularity. We are impressed by the company’s vision and execution and look forward to supporting its continued growth.”

About Blue Planet Environmental Solutions

Founded in 2017, Blue Planet Environmental Solutions is a Singapore-headquartered company pioneering regional sustainability through technology-driven and IP-based, end-to-end waste management and upcycling solutions. Operating across Southeast Asia, India, the UK, and New Zealand, Blue Planet’s activities include landfill reclamation, hazardous and e-waste recycling, biogas production, and energy recovery. Blue Planet’s mission is to create scalable circular ecosystems that extract higher value from waste, reduce environmental footprints, and enable a resource-efficient economy, advancing its vision of Zero Waste to Landfill.
www.blueplanet.asia

About Novo Holdings

Novo Holdings is a holding and investment company responsible for managing the assets and wealth of the Novo Nordisk Foundation. Its purpose is to improve people’s health and the sustainability of society and the planet by generating attractive long-term returns on the Foundation’s assets. Wholly owned by the Foundation, Novo Holdings is the controlling shareholder of Novo Nordisk A/S and Novonesis A/S (formerly Novozymes A/S) and manages an investment portfolio with a long-term return perspective. In addition to managing a broad portfolio of equities, bonds, real estate, infrastructure, and private equity assets, Novo Holdings is a world-leading life sciences investor. Through its Seed, Venture, Growth, Asia, Planetary Health, and Principal Investments teams, Novo Holdings invests in life sciences companies at all stages of development. As of year-end 2024, Novo Holdings had total assets of EUR 142 billion.
www.novoholdings.dk