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Global Food Partners’ Impact Incentives Program Drives Vietnam’s Largest Transition to Cage-free Egg Production

Partnership launched to transition Nguyen Gia Livestock Production Cooperative’s 50,000 hens to 100% certified cage-free production systems, providing solutions for Vietnamese companies to meet their cage-free commitments.


HANOI, VIETNAM – Media OutReach Newswire – 10 December 2024 – Global Food Partners (GFP) has partnered with Nguyen Gia Livestock Production Cooperative, led by Mr. Nguyen Huu Tue, one of North Vietnam’s largest egg producers, to spearhead the country’s largest transition from caged to cage-free egg production. With a flock of approximately 50,000 laying hens, the Cooperative will achieve 100% cage-free operations in 2025 through GFP’s technical expertise and Impact Incentives program. This groundbreaking initiative not only supports Vietnam’s growing demand for responsibly sourced eggs but also empowers local producers to meet the 2025 cage-free commitments of food and hospitality businesses across the region.

Photo

At a signing ceremony on 8 December 2024 in Hung Yen Province, stakeholders from across the food industry, local producers, and community leaders gathered to celebrate this partnership. The collaboration offers two solutions for food businesses looking to achieve cage-free commitments:

  1. Direct Cage-Free Sourcing: Companies can purchase certified, physical cage-free eggs directly from Nguyen Gia Livestock Production Cooperative.
  2. Impact Incentives Program: Businesses can also meet their cage-free commitments by purchasing Impact Incentives—cage-free credits that directly support Mr. Nguyen Huu Tue’s cage-free production and transition.

About Impact Incentives
GFP’s Impact Incentives program, the world’s first egg credit trading scheme, provides a flexible, cost-effective solution to sourcing challenges while driving sustainable change. By purchasing these credits, food companies can offset gaps in their supply chains, ensuring their cage-free commitments are met by December 2025.

For producers like Nguyen Gia Livestock Production Cooperative, Impact Incentives generate a premium income that funds the transition to cage-free systems, covers ongoing costs, and supports further expansion to meet increasing demand. This model empowers both corporates and farmers to achieve their sustainability and business goals collaboratively.

Technical Support and Capacity Building
As part of the partnership, GFP’s Science and Extension team provides tailored technical training and guidance, enabling Nguyen Gia Livestock Production Cooperative to adopt high-welfare farming practices, retrofit existing facilities, implement effective cage-free management, and achieve international welfare certification. With GFP’s support, the farm is on track to transition fully to cage-free operations in 2025, ensuring it can meet the needs of food and hospitality companies while improving long-term productivity and profitability.

Quotes from the Event
Elissa Lane, CEO of Global Food Partners, stated:
“We applaud the Nguyen Gia Livestock Production Cooperative for its commitment and leadership in cage-free production. Our Impact Incentives program drives the transition from caged to cage-free production and enables food businesses to meet their cage-free commitments on time in Vietnam and across Asia. By partnering with Mr. Tue and his team, we’re demonstrating how local producers can achieve profitable, high welfare, cage-free systems and support the transition to cage-free supply chains in Vietnam.”

Mr. Nguyen Huu Tue, owner of Nguyen Gia Livestock Production Cooperative, added:
“With GFP’s training and support, I’m confident in our ability to meet the rising demand for cage-free eggs, ensuring a better future for my farm and the local community. This partnership and my participation in GFP’s Impact Incentives program enable me to transition away from cages, enhance animal welfare, expand our operations, and contribute to a more sustainable and responsible food system in Vietnam.”

Driving Corporate Solutions Across Asia
This partnership is part of GFP’s broader mission to establish a sustainable, cage-free ecosystem across Asia. The Impact Incentives program and GFP’s technical expertise help food businesses overcome sourcing challenges, meet their commitments, and drive impact across their supply chains.

Hashtag: #NguyenGiaLivestockProductionCooperative #GlobalFoodPartners

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

About Global Food Partners:

Global Food Partners (GFP) is a Singapore-based consulting company dedicated to helping food and hospitality businesses achieve cage-free sourcing, and egg producers to implement and optimise cage-free production practices. GFP operates across Asia, including in China, Indonesia, Japan, Philippines, Singapore, Thailand, Malaysia, and India. For more information, visit www.globalfoodpartners.com

Learn more about Impact Incentives:

About Nguyen Gia Livestock Production Cooperative:

Raising commercial egg-laying hens since 2008, Mr. Nguyen Huu Tue’s farm has continuously grown and expanded in scale, now reaching approximately 50,000 hens. In 2019, Mr. Tue and other members established the Nguyen Gia Livestock Cooperative with 7 members whose main activity is raising commercial egg-laying hens to supply eggs to supermarkets, large hotels and restaurants in the region and the whole country. After many years of raising caged laying hens, realizing that this system revealed many shortcomings related to the health and welfare of the animals as well as productivity and economic efficiency, Mr. Tue’s farm and its members have begun to switch to a cage-free system.

Global Food Partners’ Impact Incentives Program Drives Vietnam’s Largest Transition to Cage-free Egg Production

Partnership launched to transition Nguyen Gia Livestock Production Cooperative’s 50,000 hens to 100% certified cage-free production systems, providing solutions for Vietnamese companies to meet their cage-free commitments.


HANOI, VIETNAM – Media OutReach Newswire – 10 December 2024 – Global Food Partners (GFP) has partnered with Nguyen Gia Livestock Production Cooperative, led by Mr. Nguyen Huu Tue, one of North Vietnam’s largest egg producers, to spearhead the country’s largest transition from caged to cage-free egg production. With a flock of approximately 50,000 laying hens, the Cooperative will achieve 100% cage-free operations in 2025 through GFP’s technical expertise and Impact Incentives program. This groundbreaking initiative not only supports Vietnam’s growing demand for responsibly sourced eggs but also empowers local producers to meet the 2025 cage-free commitments of food and hospitality businesses across the region.

Photo

At a signing ceremony on 8 December 2024 in Hung Yen Province, stakeholders from across the food industry, local producers, and community leaders gathered to celebrate this partnership. The collaboration offers two solutions for food businesses looking to achieve cage-free commitments:

  1. Direct Cage-Free Sourcing: Companies can purchase certified, physical cage-free eggs directly from Nguyen Gia Livestock Production Cooperative.
  2. Impact Incentives Program: Businesses can also meet their cage-free commitments by purchasing Impact Incentives—cage-free credits that directly support Mr. Nguyen Huu Tue’s cage-free production and transition.

About Impact Incentives
GFP’s Impact Incentives program, the world’s first egg credit trading scheme, provides a flexible, cost-effective solution to sourcing challenges while driving sustainable change. By purchasing these credits, food companies can offset gaps in their supply chains, ensuring their cage-free commitments are met by December 2025.

For producers like Nguyen Gia Livestock Production Cooperative, Impact Incentives generate a premium income that funds the transition to cage-free systems, covers ongoing costs, and supports further expansion to meet increasing demand. This model empowers both corporates and farmers to achieve their sustainability and business goals collaboratively.

Technical Support and Capacity Building
As part of the partnership, GFP’s Science and Extension team provides tailored technical training and guidance, enabling Nguyen Gia Livestock Production Cooperative to adopt high-welfare farming practices, retrofit existing facilities, implement effective cage-free management, and achieve international welfare certification. With GFP’s support, the farm is on track to transition fully to cage-free operations in 2025, ensuring it can meet the needs of food and hospitality companies while improving long-term productivity and profitability.

Quotes from the Event
Elissa Lane, CEO of Global Food Partners, stated:
“We applaud the Nguyen Gia Livestock Production Cooperative for its commitment and leadership in cage-free production. Our Impact Incentives program drives the transition from caged to cage-free production and enables food businesses to meet their cage-free commitments on time in Vietnam and across Asia. By partnering with Mr. Tue and his team, we’re demonstrating how local producers can achieve profitable, high welfare, cage-free systems and support the transition to cage-free supply chains in Vietnam.”

Mr. Nguyen Huu Tue, owner of Nguyen Gia Livestock Production Cooperative, added:
“With GFP’s training and support, I’m confident in our ability to meet the rising demand for cage-free eggs, ensuring a better future for my farm and the local community. This partnership and my participation in GFP’s Impact Incentives program enable me to transition away from cages, enhance animal welfare, expand our operations, and contribute to a more sustainable and responsible food system in Vietnam.”

Driving Corporate Solutions Across Asia
This partnership is part of GFP’s broader mission to establish a sustainable, cage-free ecosystem across Asia. The Impact Incentives program and GFP’s technical expertise help food businesses overcome sourcing challenges, meet their commitments, and drive impact across their supply chains.

Hashtag: #NguyenGiaLivestockProductionCooperative #GlobalFoodPartners

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

About Global Food Partners:

Global Food Partners (GFP) is a Singapore-based consulting company dedicated to helping food and hospitality businesses achieve cage-free sourcing, and egg producers to implement and optimise cage-free production practices. GFP operates across Asia, including in China, Indonesia, Japan, Philippines, Singapore, Thailand, Malaysia, and India. For more information, visit www.globalfoodpartners.com

Learn more about Impact Incentives:

About Nguyen Gia Livestock Production Cooperative:

Raising commercial egg-laying hens since 2008, Mr. Nguyen Huu Tue’s farm has continuously grown and expanded in scale, now reaching approximately 50,000 hens. In 2019, Mr. Tue and other members established the Nguyen Gia Livestock Cooperative with 7 members whose main activity is raising commercial egg-laying hens to supply eggs to supermarkets, large hotels and restaurants in the region and the whole country. After many years of raising caged laying hens, realizing that this system revealed many shortcomings related to the health and welfare of the animals as well as productivity and economic efficiency, Mr. Tue’s farm and its members have begun to switch to a cage-free system.

For a more just, equal and prosperous world, prioritize the human rights of women and girls

A fashion show held on 25 November in Vientiane marked the launch of the 16 Days of Activism Against Gender-Based Violence.
UNFPA Executive Director, Natalia Kanem, on Human Rights Day, 10 December

Statement by UNFPA Executive Director, Natalia Kanem, on Human Rights Day, 10 December

Human rights exist to protect us, all of us, from harm and to ensure lives of dignity and inclusion. Peace and prosperity depend on fulfilling human rights. 

Three decades ago, people from all over the world convened at the International Conference on Population and Development in Cairo. They agreed that inclusive and sustainable development depends on women and girls fully realizing their human rights, particularly their reproductive rights. 

Since then, significant strides have been made towards the achievement of sexual and reproductive health and rights for all. Today, we celebrate the fact that many more countries have passed laws and invested in services to safeguard bodily autonomy and enable women and girls to enjoy equal opportunities to thrive. More measures are in place than ever before to prevent and respond to gender-based violence, one of the most pervasive violations of human rights.

Yet, there is still much work to do. Today, millions of women and girls in all their diversities continue to be denied their fundamental human rights. Only 56 percent of women are able to make their own decisions over their sexual and reproductive health and rights. One in three women and girls globally experiences gender-based violence during her lifetime. In some places, misogyny and discrimination have worsened, leading to rollbacks in legislation, policies and financing. 

Crises spurred by conflict, natural disasters or climate change are compounding human rights violations as record numbers of women and girls are forced to flee their homes, dramatically increasing their vulnerability to a range of grievous harms, including sex trafficking, child marriage and other forms of gender-based violence. 

In humanitarian settings, UNFPA is the global leader on sexual and reproductive health and the largest provider of gender-based violence services. We do this because human rights do not end when disaster strikes. They do not stop at a border. The needs of women and girls do not cease when they seek safety. Rights are for everyone, everywhere, and realizing them is possible. Countries across the globe have made commitments under international treaties and instruments to uphold human rights. Now, it’s time to take action.

Each day, around the world, UNFPA works hand-in-hand with government, civil society, academic, and private sector partners to accelerate progress towards the universal realization of human rights. UNFPA’s new online interactive tool, for example, helps countries assess their sexual and reproductive health policies and programmes through a human rights lens – providing insights into how to strengthen them. Such tools are critical in our efforts to end human rights violations and impunity and address their root causes. 

The theme of this International Human Rights Day – “Our rights, our future, right now” – highlights the relevance of human rights in our everyday lives and as the pathway to a better future.

Today and every day, let us stand up for human rights. On this final day in the global campaign of 16 Days of Activism against Gender-based Violence, let us stand with those most vulnerable to harm. Let us protect the dignity, safety and wellbeing of every woman and girl in all their diversities. This is the most effective way to build more just and equal societies for everyone. 

 

British Embassy in Vientiane Celebrates King Charles III’s Birthday

British Embassy in Vientiane Celebrates King Charles III’s Birthday
British Ambassador Mel Barlow holds King Charles III's birthday cake while Lao government officials clap (photo supplied)

On 27 November, the British Embassy in Vientiane hosted a vibrant and memorable event to mark the 76th birthday of King Charles III. 

Jeffrey C. Lim of SM Prime Holdings, Inc. Receives Eminent Leader in Asia Award at ACES Awards 2024


BANGKOK, THAILAND – Media OutReach Newswire – 10 December 2024 – Jeffrey C. Lim, President of SM Prime Holdings, Inc., has been instrumental in transforming SM Prime into a leading property conglomerate, a journey now recognized with the Eminent Leaders in Asia Award at the Asia Corporate Excellence & Sustainability (ACES) 2024 Awards.

An exceptional moment of recognition: Jeffrey Lim, President of SM Prime Holdings, Inc. (left center), receives the prestigious Eminent Leaders in Asia award at the recently concluded ACES Awards 2024 in Bangkok. As the sole recipient of this coveted honour this year, Jeffrey exemplifies unparalleled leadership and vision. Presenting the award on stage were Dr. Shanggari Balakrishnan, President of the ACES Awards (far left), Hemant Batra, Honorary Chairman of the ACES Council (right center), and Luis Bueno Nieto, Advisor to the ACES Council (far right).
An exceptional moment of recognition: Jeffrey Lim, President of SM Prime Holdings, Inc. (left center), receives the prestigious Eminent Leaders in Asia award at the recently concluded ACES Awards 2024 in Bangkok. As the sole recipient of this coveted honour this year, Jeffrey exemplifies unparalleled leadership and vision. Presenting the award on stage were Dr. Shanggari Balakrishnan, President of the ACES Awards (far left), Hemant Batra, Honorary Chairman of the ACES Council (right center), and Luis Bueno Nieto, Advisor to the ACES Council (far right).

As a founding member, Lim has been with the company through significant milestones, including consolidating SM Group’s property units in 2013 to establish SM Prime as the Philippines’ largest property conglomerate. Since his promotion to President in 2016, he has driven an expansive, sustainability-focused strategy that has fueled the company’s growth and solidified its commitment to responsible development.

Founded in 1994, SM Prime has evolved from a mall developer into an integrated property developer, recognized for its transformative approach to sustainable urban development across Southeast Asia. This evolution from a focused mall owner to a diversified real estate leader reflects the company’s proactive response to changing market dynamics and its dedication to long-term, responsible growth.

Today, SM Prime boasts a comprehensive portfolio encompassing malls, residential properties, office spaces, hotels and convention centers. Notably, in 2017, it became the first company on the Philippine Stock Exchange to surpass the one trillion peso market capitalization threshold, setting a new benchmark in the country’s corporate landscape.

Under Lim’s management, SM Prime has become a vital contributor to economic growth in the Philippines. Its extensive mall network, which began with just four malls in 1994 and has now expanded to 87 in the Philippines and eight in China, supports over 22,000 local businesses and covers over 11 million square meters of gross floor area. Through SM Development Corporation (SMDC), the company has also developed over 184,000 residential units, addressing critical housing needs while supporting local economic development.

SM Prime has also made significant strides in the hospitality sector with 10 hotels, six convention centers and two trade halls, further stimulating tourism and creating local employment opportunities. Its developments are designed to be economically inclusive and supportive of small businesses, generating a lasting positive impact on the communities they serve.

Sustainability is deeply ingrained in SM Prime’s corporate philosophy. The company has set an ambitious target of achieving net-zero greenhouse gas emissions by 2040, aligning with global standards and partnering with WWF-Philippines to advance renewable energy adoption, energy efficiency, and sustainable construction practices. Water stewardship is another key element of SM Prime’s sustainability initiatives, with the company recycling over 4.4 million cubic meters of water in 2023.

Furthermore, a comprehensive waste management program underscores SM Prime’s dedication to environmental responsibility. In partnership with Japan-based GUUN Co. Ltd, SM Prime is developing infrastructure to enhance waste management and resource recovery, aiming to reduce landfill waste. In 2023 alone, SM Prime managed 165.7 million tonnes of waste, with significant portions recycled, reused, or composted, reflecting a commitment to a circular economy and a waste-free future.

Lim’s leadership style is characterized by a focus on collective success and employee empowerment. “Our success at SM Prime is a testament to the dedication and hard work of our entire team,” Lim shared. “This recognition from the ACES Awards reaffirms our commitment to creating spaces where people and communities can thrive.”

Lim believes that true leadership involves fostering collaboration and aligning the company’s vision with a broader purpose. His focus on well-being and inclusivity in the workplace has cultivated a culture that values each employee’s contribution and encourages growth. This has positioned SM Prime as a company where people feel empowered and motivated.

The ACES Awards, organised by MORS Group, aims to highlight industry leaders who have made significant contributions to sustainable development and business excellence across Asia. Shanggari B, President of the ACES Awards, praised SM Prime and its leadership, stating, “Jeffrey Lim’s leadership is a testament to what can be achieved through dedication and integrity.”

As SM Prime embarks on its next phase of growth, the company remains focused on bringing world-class, sustainable developments to the Philippines, inspired by its commitment to community impact and environmental stewardship. The ACES Eminent Leaders in Asia Award is a significant milestone, reinforcing SM Prime’s role as a leader in shaping the future of real estate and urban development across the region.

Hashtag: #ACESAwards2024 #SMPrime #EminentLeadersinAsia #RegionalRecognition #leadershipexcellence

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

About SM Prime

SM Prime Holdings, Inc. is one of the biggest integrated property developers in Southeast Asia and the largest in the Philippines. Known for its commitment to sustainable urban development and positive community impact, it has a diverse portfolio that includes malls, residential properties, and commercial spaces. This has made it a key player in driving economic growth and enhancing the quality of life across the Philippines

OctaTrader Introduces “Space”: A Popular Analytics Hub Enhancing Trading Decisions


KUALA LUMPUR, MALAYSIA – Pinion Newswire – 9 December 2024 – In 2024, OctaTrader has emerged as a popular trading platform, demonstrating a six-fold year-on-year growth in its user base since its launch in late 2022. Recognized for its seamless and user-friendly experience, OctaTrader now introduces “Space,” a sophisticated analytics hub integrated into its platform, catering to traders worldwide.

Caption

Introducing Space: Elevating Decision-Making for Traders

Launched in Q3 2024, Space represents a significant step in financial analytics, combining machine learning algorithms with expert insights to provide predictive analytics and curated trading strategies. Embedded within OctaTrader, Space allows users to access data-driven predictions and integrate them directly into their trading charts in just a few clicks.

This advanced toolkit simplifies decision-making, offering:

  • Predictive analytics powered by historical data.
  • Expert recommendations.
  • Comprehensive educational resources covering technical analysis and financial market fundamentals.

Space ensures that traders, irrespective of experience level, can approach the markets with confidence, reducing the cognitive challenges associated with trading decisions.

OctaTrader’s Holistic Ecosystem

OctaTrader’s ecosystem revolves around four pillars:

  • Payments and Transactions: Streamlined and secure for user convenience.
  • Trading Platform: Accessible across devices for seamless workflows.
  • Space: The newly integrated analytics hub.
  • Special Offers: Exclusive features designed to enhance trading experiences.

By consolidating these features into one platform, OctaTrader creates an efficient, secure, and dynamic trading environment.

Caption

Driving Innovation Through Client-Centric Development

OctaTrader remains committed to evolving alongside its users’ needs. Continuous research and client feedback drive incremental improvements, making the platform a reliable and innovative choice for traders globally.
Hashtag: #Octa

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

About Octa

Established in 2011, is an international broker offering commission-free access to global financial markets. With over 52 million trading accounts and clients in 180 countries, Octa provides educational resources and analytical tools to support investment goals.

In recognition of its excellence, Octa received the “Best Trading Platform Malaysia 2024” and the “Most Reliable Broker Asia 2023” awards. Beyond its core services, the company is actively involved in humanitarian initiatives, including educational and community support projects.

Cyberport Artificial Intelligence Supercomputing Centre Officially Commences Operations

AI Lab opened synchronously to drive Hong Kong forward a new milestone of “AI Plus”


HONG KONG SAR – Media OutReach Newswire – 9 December 2024 – Cyberport’s Artificial Intelligence Supercomputing Centre (AISC), first of this kind currently in Hong Kong, officially commences operations, and the AI Lab is also open concurrently. The opening ceremony of the AISC and AI Lab was held today at AI Lab and Prof Sun Dong, Secretary for Innovation, Technology and Industry; Ir Tony Wong, Commissioner for Digital Policy; Hendrick Sin, Chairman of the Committee of the Artificial Intelligence Subsidy Scheme (AISS); Simon Chan, Chairman of Cyberport; and Dr Rocky Cheng, CEO of Cyberport officiated at the ceremony. Committee members of the AISS, artificial intelligence (AI) ecosystem partners of Cyberport, and representatives of AI-related enterprises also attended the ceremony to witness the crucial moment of promoting local AI development to a new milestone.

Prof Sun Dong, Secretary for Innovation, Technology and Industry(front row middle); Ir Tony Wong, Commissioner for Digital Policy(front row third left); Hendrick Sin, Chairman of the Committee of the AISS and committee members(front row third right) ; Simon Chan, Chairman of Cyberport(front row fourth left) ; Dr Rocky Cheng, CEO of Cyberport(front row fourth right) and other ecosystem partners attended the opening ceremony of AISC and AI Lab at AI Lab to witness the crucial moment of promoting local AI development to a new milestone.
Prof Sun Dong, Secretary for Innovation, Technology and Industry(front row middle); Ir Tony Wong, Commissioner for Digital Policy(front row third left); Hendrick Sin, Chairman of the Committee of the AISS and committee members(front row third right) ; Simon Chan, Chairman of Cyberport(front row fourth left) ; Dr Rocky Cheng, CEO of Cyberport(front row fourth right) and other ecosystem partners attended the opening ceremony of AISC and AI Lab at AI Lab to witness the crucial moment of promoting local AI development to a new milestone.

Prof Sun Dong, Secretary for Innovation, Technology and Industry said, “Artificial intelligence (AI) is the most critical technology for ‘new quality productive forces’ in the future. The Government has introduced a number of policies and measures to improve the development of the local AI ecosystem orderly and promote the ‘digital-intelligent’ application of AI. The official establishment of Cyberport’s Artificial Intelligence Supercomputing Centre today will become an indispensable and important pillar of the development of AI in Hong Kong. The supercomputing centre will not only provide advanced computing capabilities to promote industry development, but also become a cradle for converging and cultivating AI-related quality professionals. The supercomputing centre will bring together talents specialising in computing power, data and algorithm technology, coupling it with Cyberport’s AI Lab, Cyberport will provide an innovative platform for AI ecosystem partners and enterprises to connect with relevant application scenarios, explore product innovations and integrate with technologies, facilitating the transformation and application of more technologies, thereby injecting new impetus into the high-quality development of Hong Kong’s economy”.

Simon Chan, Chairman of Cyberport said, “The official commencement of Cyberport’s AISC signified the development of local AI ecosystem and industry has risen to a new height, broadening the prospects for the innovation and technology (I&T) advancement. The computing power of the first-phase facility provides 1,300 PFLOPS this year, and it will increase to 3,000 PFLOPS next year to meet the growing demand for computing power in the technology sector. With the opening of AI Lab concurrently, it leverages the research and development (R&D) capabilities of ecosystem partners to create a heterogeneous computing platform, which enables joint development of innovative AI products across different industries and use cases to facilitate the transformation and realisation of R&D outcomes as well as empowers communities and business sector to drive intelligent transformation. Additionally, it will enhance Hong Kong’s R&D capabilities to attract more cutting-edge technology projects and talents from Mainland China and around the globe to the city, thereby solidifying Hong Kong’s status as an international I&T hub.”

To promote the development of AI in Hong Kong, the HKSAR Government announced in the 2023 Policy Address that Cyberport would set up an AISC in phases from this year onwards to provide research teams with the necessary computing hardware. In addition, the HKSAR Government also announced in the 2024-2025 Budget that HK$3 billion were allocated to Cyberport to implement a three-year AISS, which mainly provides funding support to five categories of eligible entities, including local institutions, R&D centres and enterprises to utilise the computing power of the AISC to achieve more breakthroughs in scientific research.

The first phase of the AISS was launched in early October and multiple applications from eligible entities, including AI start-ups, local institutions, R&D centres, and strategic enterprises, were received. The funding has also been set aside to facilitate works including strengthening the cyber and data security of AISC in addition to promotion and education. It’s expected the scheme will allow the industry to make good use of the computing facilities as well as attract relevant talents, enterprises and R&D projects from Mainland China and around the world to land in Hong Kong, thereby providing necessary support to facilitate the many aspects of local AI and related industries developments.

The AI Lab launched today brings together the R&D capabilities of AI ecosystem partners in Hong Kong, providing them with an interactive space to showcase AI solutions and launch service products. Nearly 15 companies showcased their innovations at the ceremony, including local start-ups, strategic enterprises based at Cyberport, and ecosystem partners, to facilitate AI-related R&D and collaborations. Furthermore, the AI Lab provides AI ecosystem partners and enterprises with a platform to experience different supercomputing tools, explore product innovations, converge technologies, which could be applied to different industries and use cases to promote the transformation and realisation of innovative technologies, thereby driving new quality productive forces to foster the development of digital economy and smart city.

With the AISC as its core engine, Cyberport has built a comprehensive AI ecosystem that encompasses computing power, general and professional large models, model risk assessment, industry application support, governance and ethics discussions, and more, which gathers talent and innovative resources from the Mainland China and overseas to support innovative R&D and applications spanning across the AI ecosystem chain to accelerate industry development.

Currently, Cyberport houses more than 330 start-up enterprises specialising in AI and big data, including many strategic enterprises that have established operations in Cyberport, including D2 Intelligence, LAiPIC, Saunova, and beyond. Cyberport also fosters collaborations with leading AI enterprises including Baidu, Huawei and Inspur Cloud, and interconnects with start-up enterprises with the combination of their R&D capabilities in computing development, large model building, and more to promote the innovation and application of AI R&D. The strategic enterprises attracted to Hong Kong have invested capitals, technologies and talents to develop international headquarters. Through Hong Kong as an international springboard, they can “go global” to enable internationalisation of their AI products and services.

Hashtag: #AI #Cyberport #startup #innovation #AILab #AISC #AISS





Wechat: https://cyberport.hk/css/demo/icon/cyberport-wechat.png

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

About Cyberport

Cyberport is Hong Kong’s digital technology flagship and incubator for entrepreneurship with over 2,100 members including over 900 onsite and over 1,200 offsite start-ups and technology companies. It is managed by Hong Kong Cyberport Management Company Limited, wholly owned by the Hong Kong Special Administrative Region Government, and committed to the vision to inject new impetus into digital economy and smart city development through innovation and technology, and to connect enterprises to Mainland China and overseas markets. Cyberport strives to nurture a vibrant tech ecosystem by cultivating talents, promoting entrepreneurship among the youth, supporting start-ups, fostering technology industry development by promoting strategic collaboration with local, Mainland Chinese and international partners, and integrating new and traditional economies by accelerating digital transformation in public and private sectors.

For more information, please visit .

Taking a Leaf Out of Xanh SM’s Book: Jakarta’s Path to Green Taxis


HANOI, VIETNAM – Media OutReach Newswire – 9 December 2024 – By electrifying its taxi fleet, Jakarta could significantly reduce emissions and improve air quality, as shown by the success of electric taxis in cities around the world. One standout example is Xanh SM in Vietnam, which has also reshaped public attitudes toward electric vehicles (EVs).

Xanh SM fleet in Vietnam. Photo: GSM
Xanh SM fleet in Vietnam. Photo: GSM

Jakarta is no stranger to air pollution, frequently ranking among the world’s most polluted cities. In fact, it topped IQAir’s global rankings as the world’s most polluted city just this June[1].

This pollution is more than a nuisance—it is a menace to public health. Agus Dwi Susanto, chairman of the Indonesian Society of Respirology, describes it as a “silent killer.”[2] Research from the Society shows that outdoor workers in Jakarta face heightened risks of respiratory illness due to the city’s poor air quality. The main culprit? Transportation, which accounts for a staggering 44% of Jakarta’s air pollution[3].

With vehicle emissions dominating the city’s pollution profile, the urgency for cleaner transport solutions has never been clearer. Amid this crisis, electric taxis offer a dual opportunity: they reduce emissions and reframe public perception of sustainable mobility.

Jakarta’s Struggle with Vehicle Emissions

The engine of Jakarta’s economy is also its greatest environmental burden. Roughly 24 million vehicles traverse the city’s roads daily[4], spewing harmful particulate matter and nitrogen oxides into the air.

To combat this, Jakarta has implemented aggressive measures. Two low-emission zones (LEZs) now restrict high-emission vehicles, encouraging the use of cleaner alternatives like electric cars. The odd-even license plate rule further incentivizes EVs by exempting them from traffic restrictions. Additionally, emissions testing for certain vehicles adds another layer of accountability. Still, while these initiatives are essential, they are not enough to solve the problem. The most promising path forward lies in electrifying transportation.

Electric taxis’ role in bringing about cleaner air is clear. In Guangzhou, China, a 2021 study published in Environmental Science & Technology found that electric taxis reduced particulate matter by 34% and nitrogen oxides by 51%[5]. A 2024 analysis further that replacing gasoline cars with EVs reduced emissions by 8.72 kilograms of CO₂ per vehicle each month[6]. Meanwhile, in Cambridge, UK, electrifying 10% of the Hackney Carriage fleet lowered NOx emissions in city centers by 11%[7].

Beyond reducing pollution, electric taxis are catalysts for public awareness. Each one becomes a moving billboard for sustainability, normalizing EVs and encouraging individual adoption. In that sense, taxi fleets have a unique ability to accelerate the transition to sustainable transportation.

Lessons from Xanh SM: A Blueprint for Jakarta

Electric taxis are more than a local solution; they’re part of a worldwide movement, with major cities in North America and Europe leading the charge.

Closer to home, Jakarta can draw inspiration from Vietnam’s success in green transportation, led by Xanh SM, the country’s largest pure-electric taxi operator. Since launching in Hanoi in 2023, Xanh SM has expanded to 56 of Vietnam’s 63 provinces and cities. Its fleet of 80,000 vehicles—including electric cars, e-bikes, and partner-operated units—serves millions of passengers daily[8]. Collectively, these efforts have cut 100,000 tons of CO₂ emissions annually, equivalent to the carbon absorption of 4.7 million trees[9].

As the world’s first multi-platform green transportation company, Xanh SM has also committed to making electric vehicles accessible to the masses. By embedding sustainability into daily life, it raises public awareness about the convenience, intelligence, and environmental benefits of green mobility.

“Xanh SM is regarded as the top provider in terms of service quality, coverage, fleet size, and customer satisfaction, outperforming both traditional and tech-based taxi services,” noted Mordor Intelligence[10]. This success underscores the viability of large-scale electrification—a model Jakarta could replicate.

Positioning Jakarta as a Green Leader

Jakarta’s electrification efforts are already underway, with initiatives like electric buses and charging infrastructure paving the way. But the city’s immense market potential and government backing make it well-positioned to achieve even more. Electric taxis, when scaled properly, hold the potential to not only alleviate Jakarta’s pollution crisis but also position Indonesia as a regional leader in sustainable transportation.

This transformation will take time, but the momentum is building. Through government policies, private sector innovation, and public engagement, Jakarta could emerge as a global success story for clean mobility.

Indonesia, with Jakarta at the forefront, is demonstrating strong leadership in fostering sustainable growth. This approach not only underscores Indonesia’s dedication to protecting the environment but also serves as an inspiring call for businesses and communities to unite towards a greener future.


Hashtag: #XanhSM

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