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Interoperable National Digital IDs Key to Combat Rising Cross-Border Online Scams

BANGKOK, Jan. 16, 2025 /PRNewswire/ — In the wake of ASEAN’s rapid digital growth, which has seen substantial increases in cybercrime and online scams, the need for mutual recognition of digital IDs between China and ASEAN nations has become critical in combating online and cross-border scams. TS Wong, Group Managing Director of MYEG and Co-founder of Zetrix, underscored this at the China-ASEAN Digital Ecosystem Cooperation Forum in Bangkok yesterday.

TS Wong, Group Managing Director of MYEG and Co-founder of Zetrix, speaking during his dialogue session titled “Creating an Environmentally Friendly Digital Future” at the China-ASEAN Digital Ecosystem Cooperation Forum in Bangkok.
TS Wong, Group Managing Director of MYEG and Co-founder of Zetrix, speaking during his dialogue session titled “Creating an Environmentally Friendly Digital Future” at the China-ASEAN Digital Ecosystem Cooperation Forum in Bangkok.

Spotlight on Cross-Border Digital Security

The forum, held alongside the 5th ASEAN Digital Ministers’ Meeting, brought together influential leaders and policymakers to explore practical solutions for enhancing digital security and fostering collaboration.

Key speakers included:

  • H.E. Zhang Yunming, Vice Minister of Industry and Information Technology of China
  • H.E. Prasert Jantararuangtong, Deputy Prime Minister and Minister of Digital Economy and Society of Thailand
  • H.E. Dr. Kao Kim Hourn, Secretary-General of ASEAN

In his dialogue session titled “Creating an Environmentally Friendly Digital Future,” TS Wong highlighted the significant financial and societal toll of online scams.

Rising Cybercrime Threats Across ASEAN

The United Nations Office on Drugs and Crime (UNODC) estimates financial losses from scams targeting victims in East and Southeast Asia to be as high as USD37 billion in 2023. According to Minister of Digital Malaysia Gobind Singh Deo, Malaysia alone lost RM3.18 billion (USD700 million) to online scams involving more than 95,800 victims between 2021 and April 2024.

MYEG’s Role in ASEAN Collaboration

As a key member of the ASEAN-BAC Malaysia Circle (ABMC), MYEG is committed to advancing regional initiatives that promote economic growth and digital security. Wong reiterated MYEG’s dedication to fostering cross-border partnerships and advocating for interoperable digital IDs to strengthen ASEAN’s digital ecosystem.

Why Interoperable Digital IDs Are Critical for ASEAN

“Verification processes,” Wong explained. “Many countries participating in the forum, including China, Malaysia, Singapore, and Thailand, have or are in the process of issuing National Digital IDs. If countries recognise and enable localised verification of each other’s digital IDs in real-time, it becomes possible to accurately identify online users regardless of how realistic deepfake videos may appear,” Wong added.

He outlined several key benefits of interoperable digital IDs:

  • Real-time cross-border identity verification to deter and identify scammers.
  • Enhanced trust in digital transactions, fostering safer economic activities.
  • Support for digital economies, promoting collaboration and consumer confidence.

Driving Innovation with Blockchain Technology

Leveraging its layer-1 public blockchain, Zetrix, MYEG has taken significant steps toward achieving cross-border interoperability through an exclusive partnership that integrates seamlessly with China’s national blockchain infrastructure, Astron-Xinghuo BIF.

This collaboration enables the issuance of ZID digital IDs as Web3 Verifiable Credentials (VCs), allowing individuals and businesses in China to digitise their national IDs or business registration identities. These tamper-proof digital IDs mark a groundbreaking step toward unified frameworks for digital ID interoperability.

Paving the Way for a Secure Digital Future

As Malaysia assumes ASEAN chairmanship in 2025, MYEG remains steadfast in driving innovation and fostering trust within the region’s digital economy. With interoperable digital IDs and blockchain technology at the forefront, MYEG aims to empower ASEAN countries to embrace digital transformation while safeguarding their citizens against the escalating threat of cybercrime.

About MY E.G. Services Berhad (“MYEG”)

MYEG is Malaysia’s premier digital services company. Having commenced operations in 2000 as the flagship e-government services provider, MYEG continues to play a leading role in driving technological change in the region, bringing a diverse and complete range of innovations spanning the online delivery of major government services to a variety of commercial offerings in the areas of immigration, automotive and financial services, among others. Committed to staying firmly at the forefront of the global digital revolution, MYEG has embraced the potential of blockchain technology to enhance all aspects of life and is actively pioneering its adoption across the region through its Layer 1 platform Zetrix. Besides its home market, MYEG’s presence spans other key regional markets such as China, the Philippines and Hong Kong. For more information, visit: https://www.myeg.com.my/ 

About Zetrix

Zetrix is a layer-1 public blockchain that facilitates smart contracts and delivers privacy, security and scalability. Zetrix’s cryptographic infrastructure can be introduced to multiple industries to connect governments, businesses and their citizens to a global blockchain-based economy. Developed by MY E.G. Services Bhd, the cross-border and cross-chain integration with China enables Zetrix to serve as a blockchain gateway that facilitates global trade by deploying critical building blocks for Web3 services such as Blockchain-based Identifiers (BID) and Verifiable Credentials (VC). For more information, visit: https://www.zetrix.com/ 

Powering the Digital Era Forward | Huawei Releases Top Ten Trends of Data Center Facility 2025

SHENZHEN, China, Jan. 16, 2025 /PRNewswire/ — Recently, Huawei held the conference on the Top Ten Trends of Data Center Facility 2025. At the conference, Yao Quan, President of Data Center Facility Domain, explained the top ten trends with an aim to inject new impetus into the development of the data center (DC) industry in the AI era, gain insights into the transformation, and lead the leapfrog development of the industry.


As stated by Yao Quan, DCs have shifted from general-purpose computing power to intelligent computing power thanks to the continuous innovations in AI foundation model technologies. Server performance and power have been improved greatly, and the construction of clusters with 1,000 GPUs, 10,000 GPUs, and 100,000 GPUs has become the norm. The DC industry is embraced with unprecedented development opportunities and also facing challenges in the areas of reliability, high power, high electricity demand, and uncertainty.

Based on in-depth insights and long-term practices, Huawei has released the top ten trends of Data Center Facility 2025 centering on reliability, flexibility, and sustainable development. This is in an effort to share its insights and thoughts on AI DC facilities, build a highly reliable computing base, and power the digital era forward.

Trend 1: Reliability Becomes the Primary Core Requirement of Intelligent Computing DCs

Safety is the top priority to DC construction compared with the cost. In particular, the value of AI devices surges and the fault domain scope continues to expand in the intelligent computing era, making reliability the primary core requirement of intelligent computing DCs. DC reliability is essentially the reliability throughout the lifecycle, covering components, products, architecture, services, and O&M. A DC with low reliability will bring about a higher operation cost. To achieve low costs in a real sense, reliability must be ensured.

Trend 2: The Isolated Architecture Is the Best Choice for Ensuring the Reliability of Intelligent Computing Facilities

The power density of intelligent computing centers keeps going up. Electrical equipment is usually characterized with high voltage and large current, and it is critical to ensure its secure and reliable operation. Remote deployment of electrical equipment of DCs is preferred to ensure stable service running. In addition, electrical equipment, if deployed in the main equipment room, must be isolated from the main services and deployed in a standard manner. The fire resistance duration, water fire extinguishing, emergency ventilation, and one-click power-off requirements must be taken into account to minimize service impacts.

Trend 3: Uninterrupted Cooling Is the Mandatory Capability for High-density Intelligent Computing

In the AI era, air-liquid coexistence is a long-term process. Liquid cooling is an inevitable trend and uninterrupted cooling will become a mandatory capability for high-density intelligent computing. Uninterrupted cooling means zero cooling interruption when the DC is running properly and quick cooling recovery in case of exceptions. By doing so, DCs can run stably.

Trend 4: AI Will Significantly Improve Proactive Security in DC Operation and Maintenance

With AI technologies, faults such as power failures, fires, and high temperatures in DCs can be accurately prevented. This facilitates a shift from passive response to active maintenance and enables us to identify potential risks in advance, significantly improving DC reliability.

Trend 5: Professional Services Are Solid Guarantee for the Reliability of DC Operation

A DC usually has a service life of 10 to 15 years and maintenance is a more determining factor than equipment in the entire lifecycle of the DC. Professional services hold the key to the long-term and reliable running of the DC. No potential risks are left during deployment through professional deployment and full-process management of the DC delivery. On top of that, AI technologies are introduced to implement predictive maintenance instead of fault response, ensuring DC reliability throughout the lifecycle.

Trend 6: Modular Architecture Is the Key to Cope With the Uncertainty of AI DC Requirements

A modular architecture is required for AI DCs to flexibly address the uncertainty of AI DC requirements. A modular architecture features standardized equipment rooms, modular functions, and decoupled electromechanical devices, which can ensure on-demand deployment and elastic scaling of core subsystems and flexible adaptability to future service evolution. Take the Wuhu DC in China as an example. Adopting the modular architecture, the DC is delivered within three months and supports elastic scaling in the future.

Trend 7: Subsystem Prefabrication Is an Effective Method for Fast AI DC Delivery

Prefabrication provides greater production efficiency. DCs that house prefabricated subsystems can better meet the requirements of AI services in terms of elasticity and quick rollout. Subsystem prefabrication is not simple assembly but solution productization. It has to go through professional design, simulation, testing, and automatic tooling to ensure the product delivery quality. Besides, the onsite construction workload is cut by 90% through factory prefabrication and pre-commissioning, greatly shortening the delivery period and providing guarantee for fast and high-quality delivery of AI DCs.

Trend 8: The High Efficiency of Power Supply is More and More Valuable in AI DCs

High-density and high-computing scenarios pose tough challenges for heat dissipation. From air cooling to liquid cooling, power supply efficiency becomes a major factor in energy efficiency. To look at power supply efficiency of DCs, focus should be given to the power supply efficiency of the parallel system instead of that of a single device and to architecture innovation. For example, the UPS can have a high efficiency of 99.1% and implement 0 ms switchover between modes when working in super economy control operation (S-ECO) mode.

Trend 9: AI Enables the Improvement of Comprehensive Energy Efficiency in DCs

In addition to improving power supply and cooling efficiency, AI technologies can contribute more to enabling the linkage between layers 1 and 2. There are millions of optimization parameters in the air-liquid cooling scenario, exponentially complicating the optimization. To achieve the optimal cooling effect, the AI energy efficiency optimization technology can be used to replace traditional manual optimization. The application of AI technologies makes DCs more energy-saving and energy-efficient.

Trend 10: Computing-electricity Collaboration Will Become a New Mode of DC Construction

Computing power holds the key to AI, and electricity is essential for computing power. As the energy consumption of DCs keeps increasing, direct green power supply will be a solution to reducing energy consumption for DCs. In addition, as the load link of power generation-grid-load-storage integration, DCs can be linked with the power grid to improve the grid usage efficiency (GUE) through frequency regulation and peak shaving. DCs can flexibly schedule loads based on AI training and inference requirements to achieve overall optimal efficiency. Looking to the future, synergy between computing and energy will serve as a new mode for constructing DCs, boosting sustainable development of DCs.

In the AI era, Huawei Data Center Facility will focus on quality and technological innovation to build a highly reliable, flexible, and sustainable power supply solution for intelligent computing centers, help customers and partners seize intelligent computing opportunities, and maximize the output of every watt in an effort to power the digital era forward.

 

DouYu International Holdings Limited Announces the Appointment of Co-CEO and Special Cash Dividend

WUHAN, China, Jan. 16, 2025 /PRNewswire/ — DouYu International Holdings Limited (“DouYu” or the “Company”) (Nasdaq: DOYU) a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today announced that the Company’s board of directors appointed Ms. Simin Ren as the Company’s Co-Chief Executive Officer (“Co-CEO”) effective as of today, following the transition under the leadership of the interim management committee since November 2023. With this appointment, the interim management committee has been dissolved.

On the same day, the Company’s board of directors approved and declared a special cash dividend of US$9.94 per ordinary share, or US$9.94 per American Depositary Share (“ADS“), to holders of record of ordinary shares and ADSs as of the close of business on February 10, 2025.

The aggregate amount of cash dividends to be paid will be approximately US$300 million and is expected to be paid on or around February 20, 2025, for holders of ordinary shares and holders of ADSs. Holders of the Company’s ADSs will receive the cash dividends through JPMorgan Chase Bank, N.A., the depositary, subject to the terms and conditions of the deposit agreement.

Ms. Simin Ren, Co-CEO of DouYu, commented, “We remained committed to delivering value to our shareholders. As part of our strategic cash management and allocation, our Board of Directors has approved a special cash dividend of approximately US$300 million. Given our current cash position and strategic business plan, we continue to focus on improving our operational efficiency and endeavor to overcome the challenges of the macroeconomic and operating environment in order to support the Company’s long-term development.”

About DouYu International Holdings Limited

Headquartered in Wuhan, China, DouYu International Holdings Limited (Nasdaq: DOYU) is a leading game-centric live streaming platform in China and a pioneer in the eSports value chain. DouYu operates its platform on both PC and mobile apps to bring users access to immersive and interactive games and entertainment livestreaming, a wide array of video and graphic contents, as well as opportunities to participate in community events and discussions. By nurturing a sustainable technology-based talent development system and relentlessly producing high-quality content, DouYu consistently delivers premium content through the integration of livestreaming, video, graphics, and virtual communities with a primary focus on games, especially on eSports. This enables DouYu to continuously enhance its user experience and pursue long-term healthy development. For more information, please see http://ir.douyu.com/.

Safe Harbor Statements

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward- looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s results of operations and financial condition; the Company’s business strategies; general market conditions, in particular, the game live streaming market; the ability of the Company to retain and grow active and paying users; changes in general economic and business conditions in China; the impact of the COVID-19 to the Company’s business operations and the economy in China and globally; any adverse changes in laws, regulations, rules, policies or guidelines applicable to the Company; and assumptions underlying or related to any of the foregoing. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the Securities Exchange Commission. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

Investor Relations Contact

In China:

Lingling Kong
DouYu International Holdings Limited
Email: ir@douyu.tv
Tel: +86 (10) 6508-0677

Andrea Guo
Piacente Financial Communications
Email: douyu@tpg-ir.com
Tel: +86 (10) 6508-0677

In the United States:

Brandi Piacente
Piacente Financial Communications
Email: douyu@tpg-ir.com
Tel: +1-212-481-2050

Media Relations Contact

Lingling Kong
DouYu International Holdings Limited
Email: pr_douyu@douyu.tv
Tel: +86 (10) 6508-0677

O-RAN ALLIANCE Summit at MWC Barcelona 2025 To Focus on Expanding O-RAN Adoption and Future Outlook

  • O-RAN ALLIANCE Summit to take place on Tuesday 4 March 2025, 8:30-13:00 CET in MWC Barcelona Hall 8, Theatre 6, with free online broadcast
  • The Summit will provide a comprehensive update on the state of O-RAN, insights on operational experience, regional views and initiatives, and applications in industry verticals
  • The Summit will explore the future evolution of 3GPP and O-RAN ALLIANCE architectures towards 6G

BONN, Germany, Jan. 16, 2025 /PRNewswire/ — The O-RAN ALLIANCE is pleased to announce its major industry gathering of the O-RAN community in conjunction with MWC Barcelona 2025: O-RAN ALLIANCE Summit – Expanding O-RAN Adoption and Future Outlook. The Summit will take place on Tuesday 4 March 2025, 8:30-13:00 CET in MWC Barcelona Hall 8, Theatre 6, with free online broadcast.

This O-RAN ALLIANCE Summit at MWC will provide a comprehensive update on the state of O-RAN, sharing insights on operational experience, regional views on open RAN initiatives, and applications in key industry verticals. The Summit will explore the future evolution of 3GPP and O-RAN ALLIANCE architectures towards 6G.

The event will feature more than 20 speakers from the diverse O-RAN community giving relevant views and insights on different areas of open and intelligent RAN specification, development and adoption.

Attendees on-site need to have an MWC access pass and register through the MWC website. The event will be live-webcast to interested public through the O-RAN ALLIANCE website, with free access.

“Join us for the O-RAN ALLIANCE Summit at MWC Barcelona 2025,” said Abdurazak Mudesir, Chair of the Board of O-RAN ALLIANCE and Group CTO, Deutsche Telekom. “This event will underscore O-RAN ALLIANCE’s progress and ongoing efforts to foster collaboration and innovation in the global RAN industry ecosystem, advancing the O-RAN mission to deliver open, intelligent, virtualized and fully interoperable RAN.”

About O-RAN ALLIANCE
The O-RAN ALLIANCE is a world-wide community of mobile operators, vendors, and research & academic institutions operating in the Radio Access Network (RAN) industry. As the RAN is an essential part of any mobile network, the O-RAN ALLIANCE’s mission is to re-shape the industry towards more intelligent, open, virtualized and fully interoperable mobile networks. The new O-RAN specifications enable a more competitive and vibrant RAN supplier ecosystem with faster innovation to improve user experience. O-RAN based mobile networks at the same time improve the efficiency of RAN deployments as well as operations by mobile operators. To achieve this, the O-RAN ALLIANCE publishes new RAN specifications, releases open software for the RAN, and supports its members in integration and testing of their implementations.

For more information, please visit www.o-ran.org.

Photo – https://laotiantimes.com/wp-content/uploads/2025/01/02_o_ran_mwc_25_banner_logo.jpg
Logo – https://laotiantimes.com/wp-content/uploads/2025/01/o_ran_logo.jpg

JLR and Tata Communications strengthen partnership to deliver smarter, data-driven connected cars

  • JLR will supercharge next-generation vehicle connectivity with Tata Communications MOVE™
  • Drivers to remain connected from the remotest locations in 120 countries, with real-time vehicle location services, smarter driving experiences and increased software over-the-air (SOTA) updates
  • Partnership is part of JLR’s wider innovation strategy to establish universal connectivity for its vehicles and deliver continuously evolving AI-driven digital features and services for its customers

MUMBAI, India, Jan. 16, 2025 /PRNewswire/ — JLR and Tata Communications are set to enhance JLR’s connected vehicle ecosystem, transforming the driving experience for customers worldwide through the Tata Communications MOVE™ platform. The collaboration will empower JLR’s next-generation software-defined vehicles with continuous connectivity and access to intelligent services even in the remotest locations across 120 countries. The latest collaboration is an extension of their existing partnership to future-proof the carmaker’s digital transformation.

Image depicts a JLR car
Image depicts a JLR car

Leveraging Tata Communications MOVE™ platform, JLR’s upcoming medium-sized SUVs built on the new Electric Modular Architecture (EMA) will seamlessly transition between mobile networks and operators, enabling non-stop access to personalised connected services, such as media streaming. The platform will also enable greater and more secure data exchange between JLR and its customers’ vehicles, delivering more efficient software over-the-air (SOTA) updates and supporting the rollout of evolving advanced driver assistance systems (ADAS).

Every day, JLR’s fleet of connected vehicles generates 2.5 terabytes (TB) of data, with half a million electronic control units (ECUs) updated per month on average over the last 12 months. The use of Tata Communications MOVE™ platform will increase this data exchange and enable JLR engineers to harness deeper insights, monitor vehicle performance in real-time, and enable more prompt updates over the air to improve vehicle maintenance and servicing, reducing costs for the car owners and JLR.

The advanced vehicles, expected to hit the roads in 2026, will deliver a smarter and more intelligent driving experience.

The introduction of the Tata Communications MOVE™ will offer JLR customers:

  • Resilient wireless communication technologies to help track vehicles in the most demanding environments
  • Increased and more frequent vehicle software updates delivered over the air to improve vehicle diagnostics and updates
  • Tailored connections will keep customers and their families connected to their preferred applications and vehicle features, wherever they are in the world
  • Simplified and effortless connectivity plans, accessible via a single provider

Marco Bijvelds, Vice President and Global Head of Tata Communications MOVE, said: “The automotive industry is continually innovating to meet ever-changing customer demands. Last year, our digital fabric enabled seamless connectivity across all JLR’s production sites globally. As part of our extended partnership, we’re now powering JLR’s software-defined vehicle journey worldwide and enabling them to deliver advanced driving features in their cars. The insights derived from the data exchanged through our platform will enable JLR to offer personalised customer experiences, opening doors for new revenue streams.”

Mark Brogden, Director of Digital Product Platform Off-Board at JLR, said: “JLR was the first luxury vehicle manufacturer to introduce dual modem, dual eSIM design for enhanced connectivity with the launch of Defender in 2020. The partnership with Tata Communications is the next step in our software-defined vehicle journey, offering highly secure and cost-effective data connectivity across 120 countries. Starting in 2026 with our next generation of medium-size luxury SUVs, Tata Communications MOVE™ aims to deliver continuous connected experiences for our clients, offering features and new software updates over-the-air to meet the expectations of our luxury client base.” 

Tata Communications Media Contacts :
Judhajit Basu
judhajit.basu@tatacommunications.com   

Aastha Singh
aastha.singh2@tatacommunications.com

JLR Media Contacts :
David Wrottesley
dwrottes@jaguarlandrover.com  

Francis Robertson Marriott
frobert4@jaguarlandrover.com 

About JLR

JLR’s Reimagine strategy is delivering a sustainability-rich vision of modern luxury by design. 

We are transforming our business with the aim to become carbon net zero across our supply chain, products, and operations by 2039. We have set a roadmap to reduce emissions across our own operations and value chains by 2030 through approved, science-based targets. Electrification is central to this strategy and before the end of the decade our Range Rover, Discovery, Defender collections will each have a pure electric model, while Jaguar will be entirely electric. 

At heart we are a British company, with two design and engineering sites, three vehicle manufacturing facilities, an engine manufacturing centre, and a battery assembly centre in the UK. We also have vehicle plants in China (joint venture), Slovakia, India, and Brazil, as well as seven technology hubs across the globe. JLR is a wholly owned subsidiary of Tata Motors Limited, part of Tata Sons.

About Tata Communications

A part of the Tata Group, Tata Communications (NSE: TATACOMM) (BSE: 500483) is a global digital ecosystem enabler powering today’s fast-growing digital economy in more than 190 countries and territories. Leading with trust, it enables digital transformation of enterprises globally with collaboration and connected solutions, core and next gen connectivity, cloud hosting and security solutions and media services. 300 of the Fortune 500 companies are its customers and the company connects businesses to 80% of the world’s cloud giants. For more information, please visit www.tatacommunications.com 

Forward-looking and cautionary statements

Certain words and statements in this release concerning Tata Communications and its prospects, and other statements, including those relating to Tata Communications’ expected financial position, business strategy, the future development of Tata Communications’ operations, and the general economy in India, are forward-looking statements. Such statements involve known and unknown risks, uncertainties and other factors, including financial, regulatory and environmental, as well as those relating to industry growth and trend projections, which may cause actual results, performance or achievements of Tata Communications, or industry results, to differ materially from those expressed or implied by such forward-looking statements. The important factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements include, among others, failure to increase the volume of traffic on Tata Communications’ network; failure to develop new products and services that meet customer demands and generate acceptable margins; failure to successfully complete commercial testing of new technology and information systems to support new products and services, including voice transmission services; failure to stabilize or reduce the rate of price compression on certain of the company’s communications services; failure to integrate strategic acquisitions and changes in government policies or regulations of India and, in particular, changes relating to the administration of Tata Communications’ industry; and, in general, the economic, business and credit conditions in India. Additional factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements, many of which are not in Tata Communications’ control, include, but are not limited to, those risk factors discussed in Tata Communications Limited’s Annual Reports. 

The Annual Reports of Tata Communications Limited are available at www.tatacommunications.com. Tata Communications is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements.

© 2025 Tata Communications Ltd. All rights reserved.

TATA COMMUNICATIONS and TATA are trademarks or registered trademarks of Tata Sons Private Limited in India and certain countries.

Global finance leaders set tone for 2025 at the Asian Financial Forum


HONG KONG SAR – Media OutReach Newswire – 16 January 2025 – The 18th Asian Financial Forum (AFF) concluded successfully on January 14 after a two-day run at the Hong Kong Convention and Exhibition Centre, which drew more than 3,600 participants, including over 130 high-level speakers, and facilitated 700-plus one-on-one AFF Deal-making meetings to link up sources of funds with investment projects around the globe.

The Asian Financial Forum draws 3,600-plus policymakers and business leaders from over 50 countries and regions.
The Asian Financial Forum draws 3,600-plus policymakers and business leaders from over 50 countries and regions.

Co-organised by the Hong Kong Special Administrative Region (HKSAR) Government and the Hong Kong Trade Development Council (HKTDC) under the theme Powering the Next Growth Engine, the atmosphere at AFF “was vibrant and charged with positive energy”.

As the year’s first large-scale international financial and business event in the region, AFF 2025 leveraged Hong Kong’s role as an international financial centre to strengthen the international communication platform, foster multilateral cooperation and promote mutually beneficial outcomes.

Chief Executive of the Hong Kong Special Administrative Region John Lee met with visiting senior officials of foreign governments and the President of the Asian Infrastructure Investment Bank (AIIB), Jin Liqun, expressing gratitude to them for serving as speakers at the AFF. Mr Lee said that as a member of the AIIB, Hong Kong would make good use of its own robust financial system and unique advantages in bridging Eastern and Western cultures to contribute to the long-term development of the AIIB.

In line with the HKSAR Government’s initiatives to promote sustainable development, one of the sessions featured experts including Sue Lloyd, Vice Chair of the International Sustainability Standards Board (ISSB), who delved into the adoption of financial disclosure standards to enhance confidence in Hong Kong’s capital markets.

Another highlight of AFF 2025 was the inaugural Gulf Cooperation Council (GCC) Chapter, connecting finance leaders from Hong Kong and GCC member states with a view to strengthening bilateral financial cooperation and investment.

The first-ever Gulf Cooperation Council Chapter is successfully held at the Asian Financial Forum on January 14.
The first-ever Gulf Cooperation Council Chapter is successfully held at the Asian Financial Forum on January 14.

In addition, pioneers from a range of industries participated in sessions such as CIO Insights, Dialogues for Tomorrow and Global Spectrum, focusing on hot topics ranging from fintech and capital markets to female entrepreneurship and philanthropy. In a session titled Global Spectrum – The Role of Large Companies in Supporting Start-ups and Social Enterprises, Joe Tsai, Chairman of the Alibaba Group, shared his views on how large companies spur economic development.

This year’s AFF Deal-making, co-organised by the HKTDC and the Hong Kong Venture Capital and Private Equity Association, brought together more than 270 investors and over 560 investment projects with more than 700 one-on-one meetings held. They covered a wide spectrum of sectors such as fintech, healthtech, deep tech, consumer goods, infrastructure and real estate, environment, energy and environmental technology.

The lively atmosphere at the venue was enhanced by the presence of several on-site exhibition zones, which helped to create business connections and promote networking. They included the Fintech Showcase, Fintech HK Startup Salon, the InnoVenture Salon, and the Global Investment Zone. Among the 140 exhibitors were international financial institutions, technology companies, start-ups and investment promotion agencies.

The AFF is a signature event of 2025 International Financial Week, which runs from January 13 to 17 and brings together more than 20 partner events to create synergies in the industry. Three other events which ran concurrently with the AFF include Hong Kong International Fundraising Roundtable 2025, Malaysia–Hong Kong Islamic Finance Roundtable, and the Family Office Symposium.

Hashtag: #hongkong #brandhongkong #asiasworldcity #aff #asianfinancialforum #finance





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

Brook Gaming Introduces Wingman FGC 2: Breaking Limits, Redefining Control

TAIPEI, Jan. 16, 2025 /PRNewswire/ — With the PlayStation 5 Pro taking the gaming world by storm, Taiwan’s leading gaming peripheral brand, Brook Gaming, is back with a groundbreaking new product—Wingman FGC 2 Converter. Designed exclusively for PS5 and compatible with the entire library of PS5 games, this adapter redefines gaming freedom with seamless cross-platform and cross-generation controller support for over 150 wired controllers.

At Brook Gaming, we believe every gamer deserves the freedom to play their way. The Wingman FGC 2 gives players total control over their favorite controllers and fight sticks, eliminating hardware limitations so you can take full command of your gaming experience.

Wingman FGC 2 Converter supports various controllers for ps5 converter
Wingman FGC 2 Converter supports various controllers for ps5 converter

Unmatched Compatibility, Unlimited Possibilities

The Wingman FGC 2 supports a wide range of classic controllers, including all official licensed controller.

And also support 3rd party brand controller from 8Bitdo, HORI, GameSir, Razer, Mad Catz, Qanba and BIGBIG WON. It’s also compatible with the increasingly popular all-button arcade controllers, such as Hit Box and SnackBox MICRO, as well as the Switch Pro Controller and Xbox Elite Series 2. Beyond traditional controllers, it even supports flight sticks and Taiko no Tatsujin controllers, meeting the diverse needs of every gamer.

Personalized Settings Made Easy

Equipped with the exclusive Brook Converter Center software, the Wingman FGC 2 offers a highly intuitive and visual interface that replaces cumbersome manual configurations. Players can easily customize settings such as Turbo, Remap, Macro, and Stick functions, creating tailored setups for competitive matches or casual play with ease.

Esports-Ready, Professionally Designed

Built with esports professionals in mind, the Wingman FGC 2 is tournament-ready out of the box, adhering to strict competitive standards to ensure stability and fairness. It also provides advanced customization options, allowing players to fine-tune their controllers for optimal performance across different playstyles and challenges.

Learn More:
Visit Wingman FGC 2 (https://brook.gg/newsfgc2) for the latest updates and details.

Purchase Information:

US retailer site:
https://brook.gg/news-us-fgc2

UK retailer site:
https://brook.gg/news-uk-fgc2

EU retailer site:
https://brook.gg/news-eu-fgc2

AU retailer site:
https://brook.gg/news-au-fgc2

Contact:
Brook Gaming
Katy Ho
katy@zeroplus.com.tw
http://www.brookaccessory.com

Yili Brings Joy to Thailand’s National Children’s Day with 800,000 Cremo Ice Cream Donations

BANGKOK, Jan. 16, 2025 /PRNewswire/ — On January 11, 2025, in celebration of National Children’s Day, Yili’s Thai subsidiary brought joy to children nationwide by distributing over 800,000 Cremo ice creams to more than 1,600 schools and educational institutions. This heartwarming initiative spread sweetness and happiness to countless young hearts on this special day.

Cremo ice creams, featuring a delightful array of tropical flavors such as durian and mango, are a beloved treat among Thai consumers. The event was alive with excitement as children eagerly gathered around freezers to select their favorite flavors. Upon receiving these sweet gifts from Yili, the children were eager to share the joy with friends, creating a vibrant and lively atmosphere.

Yili Brings Joy to Thailand’s National Children’s Day with 800,000 Cremo Ice Cream Donations
Yili Brings Joy to Thailand’s National Children’s Day with 800,000 Cremo Ice Cream Donations

As an ice cream brand ranking among the top three in Thailand’s market share and having the highest growth rate, Cremo is not only popular in Southeast Asia, but also enjoys success in countries such as the United States and France, where it is a favored treat in high-end hotels, cafés, and restaurants.

Mr. Fang Jianzhu from Yili’s Thailand subsidiary highlighted that the significance of this donation extends beyond the ice creams themselves. “Yili aims to convey to children that life is full of diversity and hope, much like the wide range of Cremo flavors,” he stated. “By satisfying taste buds and adding festive gaiety, we hope Cremo will encourage children to share with others, show care, and develop social skills and a positive mindset.” Fang added.

Yili Brings Joy to Thailand’s National Children’s Day with 800,000 Cremo Ice Cream Donations
Yili Brings Joy to Thailand’s National Children’s Day with 800,000 Cremo Ice Cream Donations

As a globally recognized healthy food provider, Yili remains committed to its social responsibilities. The company has consistently invested in Thailand’s public sectors, including healthcare and education. Yili has funded Ladlumkaew Hospital in Pathum Thani to upgrade its infrastructure, thereby enhancing local medical and health conditions. Furthermore, Yili has extended its support to numerous social welfare institutions and schools throughout Thailand and has actively participated in local sports events. During the COVID-19 pandemic, Yili donated protective supplies to the Thai Ministry of Public Health, the Thai Red Cross Foundation, and other organizations to strengthen their response efforts.

Yili Thailand also prioritizes sustainability and environmental protection, adhering to local standards by building green and low-carbon factories and actively engaging in conservation efforts.

As Asia’s leading dairy producer and one of the top five globally, Yili is steadfast in its commitment to the vision of “World Integrally Sharing Health.” The company continues to strengthen its presence in the Thai market, aiming to grow alongside Thai society by providing an increasing array of healthy, nutritious, and delicious products to a broadening base of local consumers.