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Linyi emerges as a powerhouse of China’s private economy

LINYI, CHINA – Media OutReach Newswire – 21 August 2025 – Known as China’s logistics capital, Linyi has become a development hotspot of the private economy. By the end of June, the city had cultivated over 1.54 million market entities, ranking second in Shandong province, according to statistics from the Linyi Municipal Government.

Among them, there were more than 1.53 million private market entities, accounting for 99.3 percent of the total, contributing over 90 percent of the city’s business revenue, industrial tax revenue, and employment for residents. Private investment accounted for 75.9 percent, ranking third in the province, surpassing the provincial average by 14.3 percentage points.

As a major gathering for entrepreneurs from across China and abroad, the 2nd Linyi Entrepreneurs Convention was held in Linyi from Aug 18 to 20, with the tagline “choose Shandong, gather in Linyi for win-win future”, showcasing the city’s vibrant private economy and development potential to the public.

With an unprecedented scale, the event featured the release of Shandong top 100 private enterprises list. There were more than 900 attendees including representatives from local enterprises, leading figures of private enterprises, and renowned experts and scholars, gathering in Linyi to express their deep feelings for their hometown and discuss major development plans. It also highlighted new policies to support private businesses, offering both financial incentives and comprehensive services.

Linyi is an important birthplace of Dongyi culture, an important part of Shandong culture, with the phoenix serving as its symbolic totem. The event introduced the Phoenix List to recognize and motivate local enterprises, symbolizing advancement and cultural identity.

The event launched site visits to Linyi’s 13 iconic industry value chains, ranging from food processing and modern medicine to agricultural machinery and high-end equipment. Activities like the “Linyi enterprise experience tour” and six matchmaking conferences were organized to foster collaboration along key industry value chains, aiming to boost investment, attract talent, and drive high-quality development in the city.

Linyi’s private economy is the foundation of its development, and its entrepreneurs are the backbone of its growth. The Linyi Entrepreneurs Convention serves as a key platform for private business leaders to exchange ideas and innovate. Starting next year, Linyi will make the conference an annual event, aiming to create a distinctive symbol for the city’s private sector, a shared celebration for its entrepreneurs, and a prestigious brand for the city.

Hashtag: #Linyi

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

About The Linyi Municipal Publicity Department

The Linyi Municipal Publicity Department is a key division within the Linyi Municipal Government, dedicated to advancing cultural development and fostering the construction of a spiritual civilization.

PlayStation Prices Rise as US Tariffs Bite

PlayStation prices rise as US tariffs bite
Close up of a teenage boy holding a PS5 gaming console controller whilst playing video games (photo credit: Teamjackson)

AFP – On 20 August, Sony said it is bumping up the price of PlayStation 5 video game consoles by USD 50 in the United States due to a “challenging economic environment.”

Citi Launches Real-Time Funding Capabilities for Corporate Clients in Singapore

SINGAPORE, Aug. 21, 2025 /PRNewswire/ — Citi today announced the launch of Citi Real-Time Funding (RTF) for corporate clients in Singapore, building on its leadership in real-time liquidity solutions. 

Already live in Australia, Hong Kong SAR and U.K., Citi RTF enables the automated movement of funds between cross-border accounts based on pre-defined rules set by the client, helping them ensure that cash is available when and where it’s needed.

In the first half 2025, Citi RTF has processed more than 150 transactions across 4 clients and 3 currencies (AUD / EUR / HKD).

This expansion provides Singapore-based clients with unprecedented control and flexibility over their cash, enabling instant, 24/7, cross-border liquidity transfers eliminating the need to manually transfer funds or rely on end-of-day sweeps.

Our corporate clients operate in an increasingly interconnected and fast-paced global economy, where the ability to manage liquidity in real-time is paramount,” said Rupa Mankad, Citi’s Asia South & Singapore Head of Liquidity Management Services. “This launch of our Real-Time Funding solution in Singapore empowers businesses with continuous access to their funds, offering greater efficiency, improved working capital management and stronger control over their financial positions across borders. This is a key part of our strategy to grow our Real-Time Liquidity offering with new products and expanded reach.”

Citi RTF is a differentiated offering that can help corporate treasurers optimize liquidity and make funding decisions with real-time data, while also automating traditionally manual processes for 24/7 account monitoring and complex cash forecasting to support their operations.

  • Real-Time Intercompany Transfers: Seamless and instant movement of funds between different entities within a corporate group.
  • 24/7 Availability: Access to and deployment of liquidity around the clock, overcoming time zone limitations.
  • Enhanced Cross-Border Capabilities: Facilitates efficient liquidity management across multiple jurisdictions without delays.

This enhanced offering in Singapore underscores Citi’s position as a leader in real-time liquidity solutions, which includes capabilities like Real-Time Liquidity Sharing, Real-Time Multi-Banking, and Real-Time Funding.

Metal Construction, Insulation Materials, Green Factories, Clean Technology, and Smart Cold Chain: A Comprehensive Industry Event Taking Place in Shanghai from December 11-13

Industry Leaders Converge for Integrated Solutions in Metal Construction, Insulation Materials, Green Factories, Clean Technology, and Smart Cold Chain.

SHANGHAI, Aug. 21, 2025 /PRNewswire/ — The Asia Metal Building Design & Industry Expo (MBE 2025) will be held at Shanghai New International Expo Center from December 11-13, uniting the continent’s most comprehensive platform for industrialized construction solutions. Co-organized by China Construction Industry Association Steel & Wood Construction Branch, China Insulation & Energy Efficiency Materials Association, Shanghai Federation of Industrial Economics, and Shanghai Zhanye Exhibition Co., with support from 14 provincial industry associations, this flagship event aligns with China’s dual-carbon goals and global sustainable development trends.

Three Synergistic Exhibitions + Dual Summit Conferences
MBE 2025 integrates five critical industry verticals through specialized showcases:
Shanghai International Steel and Timber Structure and Enclosure Systems Exhibition (MBE)
Next-gen building systems: Modular construction | AI-aided design | Robotic welding | Green coatings | Non-destructive testing | Building structures | Smart design | Metal cladding | Welding technology
The 22nd Asia Insulation Materials and Energy-Saving Technology Exhibition (Shanghai) (TIM)
Cutting-edge solutions: Aerogel tech | Fire-resistant Class A materials | VIP vacuum panels | Stone (mineral) wood | Glass wool | Insulation-decor integrated systems | Industrial/Building insulation materials, equipment, and technologies
Asia Green Factory Design, Construction, and Facilities Management Conference (GFC)
Turnkey solutions: Carbon-neutral industrial parks | Waste-to-energy systems | Digital twin factories | Cleanroom engineering | Factory construction | Industrial parks | Waste treatment | Energy-saving technologies | Digital transformation
Shanghai Clean Technology and Equipment Exhibition (SCTE)
Precision environment control: Semiconductor-grade HVAC | Lab containment systems | Pharma cleanroom certification | Cleanroom equipment | Laboratory equipment | Environmental treatment, design, and certification
Asia Cold Chain Construction Exhibition 2025 (CCC)
Smart logistics infrastructure: Automated cold storage | IoT monitoring | Energy-efficient refrigeration | Cold chain solutions (EPC contractors, assembly plants) | Building & decorative materials | Equipment | Supporting products | System software

Why Attend? Key Highlights

  • 50,000+ visitors including the core decision-making power of the global construction and industry sector- top engineering contractors, famous real estate development groups, authoritative design institutes, consulates, commercial counsellors, international organizations, etc.,.
  • 600+ world-class exhibitors across 23,000+ sqm exhibition space.
  • 20+ concurrent forums featuring 100+ industry thought leaders.

MBE to host world’s owners leaders
Many industries will hold high quality BBS and technical seminars, attracting more than the global countries and regions in the municipal units, design and research institute, the architectural design/consulting firms, investors/developer/owner, project/construction unit, construction association/society, sales agents and composite construction equipment and materials industry professionals to join meetings, discuss the industry’s latest policy orientation, scientific research achievements and practical experience, promote the development of the steel and timber building industries!

This year, Expo will include 20+ professional seminar:

  • 2025 China Construction Industry International Project Cooperation Forum 
  • Global Green Factory Sustainable Development High-Level Conference 
  • Future Building Innovation Product Technology Launch Event 
  • Green Industrial Building Design Renovation Innovation Exchange Forum 
  • 2025 Asia Smart Cold Chain Construction Conference 
  • Steel Structure Construction Quality and Technical Control Key Points Lecture Hall
  • 2025 Second Welding Industry Integration and Innovation Development Conference 
  • Biopharmaceutical Cleanroom Outlook Forum 
  • Semiconductor Plant Low-Carbon Innovation Forum 
  • Construction/Industrial Integration Supply and Demand Matching Conference 
  • Asia Insulation Materials and Systems Technology Application Forum 
  • Shanghai International Low-Carbon and Thermal Insulation Energy Conservation Forum 
  • Shanghai International Aerogel Thermal Insulation Materials and Applications Summit Forum 
  • 2025 Thermal Insulation Technology Engineering Application and Development Forum

About MBE
Organizer lineup authority:
By the China Construction Industry Association Steel and Wood Building Branch, China Insulation & Energy Efficiency Materials Association, Shanghai Federation of Industrial Economics, and Shanghai Zhanye Co., Ltd. with the national 14 provinces and three cities related industry associations co-organized to ensure that the exhibition professional height and industry influence.  

Record-breaking degree of internationalization:       
Since its inception, it has attracted over 200,000 professional visitors from home and abroad, with overseas buyers accounting for 7%. The exhibition not only receives official attention from domestic steel structure industry agglomerations such as Anping, Handan and Shijiazhuang in Hebei; Dianzi Industrial Park, Jinan, Boxing in Binzhou, Jining and Liaocheng in Shandong, but also receives support from the governments of Dubai, Saudi Arabia, Mongolia, Russia, Belarus and Indonesia, etc. The scale of international pavilions will be upgraded.        

For more information and to register, visit: www.mbe-asia.com 

Stay updated by following us on Facebook, LinkedIn, Twitter, YouTube.
MBE Facebook: https://www.facebook.com/profile.php?id=100071559542049
MBE LinkedIn: https://www.linkedin.com/company/mbe-asia/
MBE Twitter: https://x.com/metal_expo
MBE YouTube: https://m.youtube.com/channel/UCIW-YC3nfkGenz9Xs2oIKFQ 

For media enquiries:
Nicole Shen
nicoleshen@zhanye-expo.com

Industry Leaders Converge for Integrated Solutions in Metal Construction, Insulation Materials, Green Factories, Clean Technology, and Smart Cold Chain.
Industry Leaders Converge for Integrated Solutions in Metal Construction, Insulation Materials, Green Factories, Clean Technology, and Smart Cold Chain.

 

Chula Partners with World Economic Forum to Launch 2025 Gender Gap Report: Thailand Leads in Education and Health

BANGKOK, Aug. 21, 2025 /PRNewswire/ — Chulalongkorn University, as the sole partner of the World Economic Forum (WEF) in Thailand, has released the findings of the Global Gender Gap Report 2025, highlighting that gender equality is not merely a social issue but a key strategy for national economic development. 

Chula Partners with World Economic Forum to Launch 2025 Gender Gap Report: Thailand Leads in Education and Health
Chula Partners with World Economic Forum to Launch 2025 Gender Gap Report: Thailand Leads in Education and Health

In 2025, Thailand has shown progress in several areas, especially in women’s education and health: 

  • Education: Perfect score of 1.000 – Ranked 1st in the world 
  • Health and Survival: Score 0.977 – Ranked 29th in the world / 1st in the region 
  • Economic Participation and Opportunity: Score 0.786 – Ranked 17th in the world / 3rd in the region 
  • Political Empowerment: Score 0.786 – Ranked 105th in the world / 5th in the region 

Thailand’s overall score is 0.728, an increase from the previous year, placing the country 66th globally and 3rd in the region. 

Despite leading the world in education and possessing strong potential, Thai women still face limited opportunities in policy-level leadership positions, reflecting that ability alone is not sufficient if opportunities and power remain restricted. 

Thailand’s Strengths: 

  • Equal access to education at all levels 
  • World-leading levels of women’s health 
  • Continuously increasing economic participation by women 

Development Strategies: 

  • Increase the proportion of women in leadership roles. 
  • Improve support systems and environments that empower women’s potential. 
  • Close the gender gap to foster innovation, growth, and sustainable social cohesion in Thailand. 

Read the full report: https://www.weforum.org/publications/global-gender-gap-report-2025/

Continue reading on website: https://www.chula.ac.th/en/news/253258/

About Chulalongkorn University

Chulalongkorn University has made the world’s top 50 university list for employment outcomes, which reflects both the high employment rate and work ability of Chula graduates. The university is also listed as the best in Thailand for the 15th Consecutive Year (since 2009), according to the newly released QS World University Rankings 2024, putting Chula at 211th in the world, up from 244th last year.

Social Media:

Facebook: https://www.facebook.com/ChulalongkornUniversity

Youtube: https://www.youtube.com/chulauniversity

Linkedin: https://www.linkedin.com/school/15101896/

Hongkong Land launches Hong Kong’s first AI-powered intelligent facility management platform

Key highlights include:

  • The Integrated Facility Management Control Tower (IFMCT) unifies over 20 standalone building systems into a single AI-powered command centre and is poised for wider implementation, with plans to expand across Hongkong Land’s regional portfolio.
  • The transition from reactive to proactive maintenance, powered by AI health analytics, has significantly reduced servicing frequency.
  • 66% of work orders have been automated, boosting operational efficiency and reducing disruptions.

HONG KONG SAR – Media OutReach Newswire – 21 August 2025 – Hongkong Land has launched the city’s first AI-powered intelligent facility management platform, the IFMCT, setting a new industry standard for commercial property management and demonstrating the Company’s commitment to PropTech innovation. Following a successful pilot at Alexandra House, which earned the Industry Excellence Award for best practice, the IFMCT has been scaled to Chater House and Exchange Square, demonstrating its adaptability. With proven results, Hongkong Land is now preparing to roll out the platform across its entire Central Portfolio by 2026.

Hongkong Land’s Centralized Monitoring Centre (CMC) in Exchange Square
Hongkong Land’s Centralized Monitoring Centre (CMC) in Exchange Square

Mr Michael Smith, Chief Executive, Hongkong Land, said:” This pioneering initiative stands as a testament to Hongkong Land’s leadership in delivering forward-thinking sustainable solutions, highlighting the Group’s long-standing culture of innovation and our commitment to creating lasting value for all our stakeholders. We’re proud of the platform’s success in Hong Kong and look forward to extending its impact across our regional portfolio.”

The IFMCT unifies over 20 standalone building systems into a single platform – integrating the Building Management System (BMS), AI-driven Heating, Ventilation, and Air Conditioning Systems (HVAC), thermal comfort control, energy optimisation, and soft services such as cleaning, vendor management, procurement and tenant wellness monitoring. By leveraging real-time monitoring, advanced AI analytics, and 4D digital twin visualisation, the advanced system enhances operational efficiency and minimises disruptions, improving reliability and extending asset lifecycles.

The IFMCT drives operational excellence, accelerating decarbonisation efforts through close collaboration with tenants

The IFMCT automates workflows to optimise both hard and soft services, improving daily building operation as well as tenant experience. Shifting from traditional, reactive maintenance to a predictive, proactive model, the platform harnesses AI-powered health analytics to detect early signs of performance decline, preventing service interruptions.

For instance, Air Handling Units (AHUs) are managed like people: healthy units skip routine check-ups, while symptomatic ones receive priority servicing. This condition-based approach resulted in a 16% reduction in AHU maintenance effort after one year, cutting maintenance frequency from monthly to biannual, clearly demonstrating the tangible benefits of intelligent servicing. Other measurable outcomes include a 66% automation rate for work orders, and an 80% reduction in time needed to retrieve asset documentation. The platform has significantly decreased the volume of alarm monitoring calls to both tenants and vendors, streamlining communication.

As climate resilience takes on greater urgency, the IFMCT elevates the adaptability of buildings and operations through intelligent energy management. The platform balances energy demand and adjusts heating and cooling systems in response to forecasted weather patterns, helping Hongkong Land and its tenants reduce energy consumption and accelerate decarbonisation efforts.

Hongkong Land to scale the IFMCT regionally following successful pilot and Central Portfolio expansion

The IFMCT’s standardised data structure enables seamless integration across markets, supporting Hongkong Land’s regional expansion of intelligent property management solutions towards the ultra-premium integrated commercial properties strategy. Building on its success in Hong Kong, the platform is set to be deployed at Westbund Central in Shanghai, a development offering high-quality retail spaces, office towers, residences, hotels, and arts and cultural venues. This cross-market implementation reinforces Hongkong Land’s position as a regional leader in building management technology.

Hashtag: #HongKongLand

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

Hongkong Land

Hongkong Land is a major listed property investment, management and development group. Founded in 1889, it is a market leader in the development of experience-led city centres that unlock value for generations by combining innovation, placemaking, exceptional hospitality and sustainability.

The Group focuses on developing, owning and managing ultra-premium mixed-use real estate in Asian gateway cities, featuring Grade A office, luxury retail, residential and hospitality products. Its mixed-use real estate footprint spans more than 850,000 sq. m., with flagship projects in Hong Kong, Singapore and Shanghai. Its properties hold industry-leading green building certifications and attract the world’s foremost companies and luxury brands.

The Group’s Hong Kong Central portfolio represents some 450,000 sq. m. of prime property. LANDMARK, the luxury shopping destination of the Hong Kong Central portfolio, is undergoing a three-year, US$1 billion expansion and upgrade, which aims to reinforce the portfolio as a world-class destination for luxury, retail, lifestyle and business. The Group has a further 165,000 sq. m. of prestigious office space in Singapore, mainly held through joint ventures, and a portfolio of retail centres on the Chinese mainland, including a luxury retail centre at Wangfujing in Beijing.

In Shanghai, the Group owns a 43% interest in a 1.7 million sq. m. mixed-use project in West Bund. Due to complete in 2028, it will comprise Grade A offices, luxury and retail space, high-end waterfront residential apartments, hotels and convention and cultural facilities. Alongside LANDMARK, it forms part of the Group’s CENTRAL Series of globally-recognised destinations for luxury and lifestyle experiences.

NEXCOM Powers Remote Edge Connectivity with Multi-WAN and Edge Computing

TAIPEI, Aug. 21, 2025 /PRNewswire/ — As global demand for reliable remote connectivity continues to surge, NEXCOM, a leading supplier of network appliances, is empowering off-grid operations with resilient, high-performance network infrastructure. By combining Multi-WAN failover, edge computing performance, and Non-Terrestrial Network (NTN) readiness, ISV and solution providers are able to transform RV stations and other remote locations into fully functional remote edge hubs.

NEXCOM DFA 1163 Series delivers Multi-WAN routing and NTN-ready connectivity — keeping workloads running anywhere. From remote services to critical operations, extend enterprise capabilities to the farthest edge.
NEXCOM DFA 1163 Series delivers Multi-WAN routing and NTN-ready connectivity — keeping workloads running anywhere. From remote services to critical operations, extend enterprise capabilities to the farthest edge.

From digital nomads and field news crews to emergency responders, users in remote and infrastructure-light environments now require enterprise-grade uptime and compute power—without traditional fixed-line networks. NEXCOM’s DFA 1163 Series delivers the compute power and networking flexibility needed to stay online—anywhere.

Powered by the Intel Atom® C3758R processor with 8 cores and Intel® QAT acceleration, the DFA 1163 provides efficient, secure edge computing in locations where infrastructure is limited or nonexistent. With one 10GbE SFP+, twelve RJ45 ports and optional PoE+ support for powering essential edge devices without extra cabling, streamlining off-grid deployments and saving critical setup time.

Wireless flexibility includes full-spectrum 5G (FR1 & FR2) and Wi-Fi 6, while optional NTN support ensure connectivity even in total cellular dead zones. This seamless Multi-WAN integration intelligently blends 5G, Wi-Fi, and satellite links to maintain reliable service across shifting network conditions.

For remote operators and digital nomads, this means that their work will not stop when the signal drops. For system integrators and solution providers building remote edge deployments, NEXCOM offers a future-ready solution that keeps data flowing and operations online—no matter how remote the location.

About NEXCOM

Founded in 1992 and headquartered in Taipei, Taiwan, NEXCOM is shaping the future of AI-powered networking with its software-defined solutions. Through its Network and Communication Solutions (NCS) unit, NEXCOM delivers cutting-edge platforms for Cybersecurity, OT Security, SD-WAN, SASE, Load Balancing, 5G uCPE, edge AI, and more. NCS specializes in professional design and manufacturing services, enabling reliable and scalable network infrastructures for businesses of all sizes. With a focus on innovation, NEXCOM’s solutions empower customers worldwide to build resilient, high-performance networks tailored to the demands of tomorrow’s connectivity challenges.

ITRI SEA Office and LogHealth of Mahidol University to Co-Host Smart Health Industry Forum on September 9


TAIPEI, TAIWAN – Media OutReach Newswire – 21 August 2025- The Southeast Asia Office of the Industrial Technology Research Institute (ITRI) and LogHealth of Mahidol University are collaborating to host the “Smart Health Industry Forum” on September 9, 2025 in Bangkok. The event aims to explore the latest trends and developments within the smart health industry of both Taiwan and Thailand.

The smart health industry continues to grow alongside rapid technological innovations and advancements, gradually bringing the vision of quality healthcare into everyday life. As the healthcare landscape becomes increasingly complex due to changes in population structure and heightened health awareness, new demands and challenges are emerging.

The forum is designed to serve as a platform that brings together experts from the public sector, research fields, and the healthcare industry to share insights, exchange views, and explore the challenges and opportunities within the smart health sector.

The forum has invited Professor Eric Chuang, Vice President & General Director of Biomedical Technology and Device Research Laboratories, ITRI and Dr. Adichan Chuajinda, M.D., Deputy Director, Bureau of Digital Health of Office of the Permanent Secretary, Ministry of Public Health to share insights into the smart health policies in Taiwan and Thailand. Mr. Prasert Patcharabussarakamkul, Deputy Managing Director, RFS Co., Ltd., Mahidol University will present the vision for building future smart hospital. Mr. Daniel Lee, Chairman of Taiwan Medical and Biotech Industry Association and Associate Professor Dr. Norased Nasongkla, Ph.D. Director, Biopolymers and Nanoengineering for Drug Delivery and Molecular Imaging Laboratory, Faculty of Engineering, Mahidol University will introduce opportunities within the smart health industry.

The Forum will conclude with a panel discussion moderated by Associate Professor Dr. Duangpun Kritchanchai, Ph.D., Director, Centre of Logistics Management and Healthcare Supply Chain (LogHealth), Faculty of Engineering, Mahidol University. Furthermore, Associate Professor Cdr. Sorayouth Chumnanvej, M.D., Ph.D., Faculty of Medicine, Ramathibodi Hospital, Mahidol University will also partake as a panelist.

Event details as of follow.

  1. Date: September 9, 2025 (Tuesday)
  2. Time: 13:00-16:30
  3. Venue: Grand Chambray Ballroom (7th Floor), Avani Sukhumvit Bangkok Hotel (2089 Sukhumvit Rd, Prakanong Nua Watthana, Bangkok)
  4. Registration link: Smart Health Industry Forum

Hashtag: #ITRI

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