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BingX Strengthens Its Executive Team by Appointing Daniel Lai as Chief Business Officer

PANAMA CITY, May 30, 2025 /PRNewswire/ — BingX, a leading cryptocurrency exchange and Web3 AI company, is pleased to announce the appointment of Daniel Lai as its Chief Business Officer. In this strategic leadership role, Daniel will steer BingX’s key business initiatives, with a focus on market expansion, risk management, compliance frameworks, and security partnerships. His appointment reflects BingX’s continued commitment to sustainable growth, global reach, and building a secure, user-first trading environment.

Daniel brings a wealth of experience from leadership roles at prominent crypto platforms and fintech companies, offering deep expertise in navigating complex markets and fostering cross-functional collaboration. In addition to his professional accomplishments, Daniel’s diverse academic background and cross-disciplinary insights will be instrumental in strengthening BingX’s global security alliances and developing adaptable compliance structures suited to the rapidly evolving digital asset landscape.

Daniel Lai shared his thoughts on the appointment: “I’ve always believed that trust and security are the cornerstones of crypto space, and I’m excited to bring my experience to BingX, where these values are central to the company’s mission. Joining a forward-thinking organization like BingX, especially during this pivotal phase of BingX AI Evolution, is incredibly inspiring. At BingX, every decision is driven by the goal of providing long-term value to our users, creating a space where they feel confident and supported. The company’s user-first vision truly resonates with me, and I’m honored to be part of this journey to make a lasting impact on the crypto world.”

In welcoming Daniel to the team, BingX reaffirms its commitment to driving innovation and ensuring the highest standards of security and compliance in the cryptocurrency space. The company looks forward to seeing the positive impact of Daniel’s leadership as it continues to expand and enhance its offerings for users worldwide. With this strategic addition, BingX is poised to further solidify its position as a leader in the market, embodying trust, innovation, and excellence.

About BingX 

Founded in 2018, BingX is a leading crypto exchange and Web3 AI company, serving a global community of over 20 million users. With a comprehensive suite of AI-powered products and services, including derivatives, spot trading, and copy trading, BingX caters to the evolving needs of users across all experience levels, from beginners to professionals. Committed to building a trustworthy and intelligent trading platform, BingX empowers users with innovative tools designed to enhance performance and confidence. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports sponsorship.

For more information please visit: https://bingx.com/

NYSE Content Advisory: Pre-Market update + April inflation data released

NEW YORK, May 30, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

Kristen Scholer delivers the pre-market update on May 30th

  • Stocks are little changed Friday as traders continue to parse through headlines. The Court of International Trade halted the bulk of President Trump’s tariffs Wednesday. It then granted a stay on Thursday, permitting them until next week
  • Treasury Secretary Scott Bessent told Fox News that U.S.-China trade talks are “a bit stalled.” Bessent led the U.S. and China to a temporary agreement in Switzerland in early May after a rapid escalation in tensions in April.
  • Q1 GDP data yesterday showed the U.S. economy contracted two-tenths of a percent from January through March. The Fed’s preferred inflation gauge today is expected to show pace of price gains increase 2.2% in April from a year ago.

Opening Bell
Darden Restaurants (NYSE: DRI) celebrates the 30th anniversary of its listing on the NYSE

Closing Bell
Tech: NYC celebrates New York’s thriving tech industry through the pre-launch of Obviously NYC

Click here to download the NYSE TV App

 

Noah’s Q1 2025 Earnings Show YoY and Sequential Growth in Profitability and Operating Margin Expansion

SHANGHAI, May 30, 2025 /PRNewswire/ — Noah Holdings Limited (“Noah” or the “Company”) (NYSE: NOAH and HKEX: 6686), a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for global Chinese high-net-worth investors (“HNWIs”), reported unaudited financial results for the first quarter of 2025, highlighting a robust recovery in profitability as its CAPEX-light domestic restructuring and overseas expansion gain momentum. Non-GAAP net income rebounded 27.4% sequentially to RMB 168.8 million (US$23.3 million), while income from operations jumped 35.2% to RMB 186.0 million (US$25.6 million), driving operating margin to 30.3%.

Noah continued to face broader headwinds driven by a volatile global macroeconomic environment and a low-interest rate environment in mainland China, impacting Chinese HNWI sentiment and topline growth. Despite these challenges, Noah continued to make significant progress in building out its sales teams and global infrastructure. Its CAPEX-light strategy ensures its business remains profitable and continues to generate solid cash flow during this restructuring.

Zander Yin, Co-Founder, Director, and CEO of Noah, commented, “We are proud to deliver a strong rebound in profitability and operating margin this quarter, reflecting the success of our operational efficiency initiatives, CAPEX-light strategy, and accelerating overseas expansion. This clearly underscores the resilience of our business model during our ongoing restructuring and sets the stage for sustainable growth going forward. This restructuring still requires upfront investments and will take time to scale. While we are not yet at the finish line, these cost-effective foundational changes are clearly beginning to have an impact on our financials which leave us confident we are headed in the right direction.”

Financial Highlights 

Total net revenues for the quarter were RMB 614.6 million (US$84.7 million), down 5.7% from last quarter and down 5.4% year-over-year, primarily due to a decrease in distribution of insurance products and RMB-denominated private equity recurring service fees. However, net revenues from overseas continued to grow sequentially, expanding 5.0% to RMB 304.2 million (US$41.9 million) and now accounting for nearly 50% of total net revenues – showcasing the progress it continues to make in expanding overseas.

Rigorous cost controls reduced operating costs and expenses by 16.7% sequentially and 18.8% year-over-year to RMB428.6 million (US$59.1 million), led by a 21.8% year-over-year cut in compensation and benefits and an 18.1% decline in selling expenses.

Overseas Expansion Making Progress

Noah’s overseas expansion continued to gain momentum. Revenue from overseas investment products grew 20.3% year-over-year, offsetting a 22.8% decline in overseas insurance sales. USD-denominated assets under management climbed 14.2% year-over-year to US$5.9 billion, and USD-denominated assets under advisory rose 8.7% to US$9.1 billion.

Noah’s team of overseas relationship managers is driving this growth. The team expanded 44% year-over-year to 131, with its newly formed overseas commission-only insurance agent team also growing to 75 and already contributing approximately RMB 10 million in revenue during the quarter. The Company opened a new office in Japan and continues to explore opportunities in the US, Southeast Asia and Canada with large and underserved communities of Chinese HNWIs. 

Domestic Restructuring

Domestic net revenues in the quarter were RMB 310.4 million, down 14.3% from last quarter and 9.4% from the same period last year, reflecting weaker insurance distribution under a low-interest environment and lower recurring service fees from private equity products. However, transaction value for RMB-denominated private secondary products surged 257.7% year-over-year to RMB 3.3 billion, up 34.6% sequentially, with associated revenue contribution rising 9.4% year-over-year.

Noah’s branch network has been consolidated to 10 cities in mainland China and has begun deploying online marketing and online services which will further reduce fixed costs and improve operational efficiency going forward.

Driving Shareholder Returns 

Noah continues to prioritize shareholder interests and deliver sustained returns through its US$50 million share buyback program with the repurchase of more than 1.3 million ADSs to date. Subject to approval at its upcoming annual general meeting in June 2025, the Company plans to distribute RMB 550 million in annual and special dividends in July 2025—equal to 100% of 2024’s non-GAAP net income attributable to Noah shareholders—delivering a 11% dividend yield at current prices and marking the second consecutive year of a full payout.

As of March 31, 2025, cash and cash equivalents stood at RMB 4.1 billion, supplemented by RMB 1.3 billion in highly liquid short-term investments. The balance sheet remains robust, with US$11.4 per ADS in cash reserves, an improved current ratio of 4.8x, no interest-bearing debt, a price-to-book multiple of 0.5x and a price-to-earnings multiple of 11x, well below the industry average.

Strategic Priorities and Outlook for 2025 

Noah’s priority in 2025 will be to build upon the solid progress it has made by carefully balancing the quality and quantity of growth overseas while ensuring full compliance with local regulations. Through its CAPEX-light strategy, the Company will drive its overseas expansion and build its local teams in the US, Japan, Southeast Asia and Canada. Investments in AI and technology will enhance online service capabilities, and the commission-only insurance agent network will scale to support overseas growth. It will also diversify its product suite with trusts, emigration advisory services and cross-border solutions to meet evolving client needs in volatile markets. Supported by streamlined operations, a fortified balance sheet and deepening overseas foothold, Noah is well positioned for sustainable, profitable growth throughout 2025 and beyond.

About Noah Holdings Limited

Noah Holdings Limited (NYSE: NOAH and HKEX: 6686) is a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for global Chinese high-net-worth investors. Noah’s American depositary shares, or ADSs, are listed on the New York Stock Exchange under the stock ticker “NOAH”, and its shares are listed on the main board of the Hong Kong Stock Exchange under the stock code “6686.” One ADS represents five ordinary shares, par value $0.00005 per share.

In the first quarter of 2025, Noah distributed RMB 16.1 billion (US$2.2 billion) of investment products. Through Gopher Asset Management and Olive Asset Management, Noah had assets under management of RMB149.3 billion (US$20.6 billion) as of March 31, 2025.

Noah’s domestic and overseas wealth management business primarily distributes private equity, public securities and insurance products denominated in RMB and other currencies. Noah’s network covers major cities in mainland China, as well as Hong Kong (China), New York, Silicon Valley, Singapore, Los Angeles and Japan. The Company’s wealth management business had 463,161 registered clients as of March 31, 2025. Through its domestic and overseas asset management business operated by Gopher Asset Management and Olive Asset Management, Noah manages private equity, public securities, real estate, multi-strategy and other investments denominated in RMB and other currencies. The Company also provides other businesses.

For more information, please visit Noah at ir.noahgroup.com.

Safe Harbor Statement 

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Noah may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in announcements, circulars or other publications made on the website of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Noah’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. These statements include, but are not limited to, estimates regarding the sufficiency of Noah’s cash and cash equivalents and liquidity risk. A number of factors could cause Noah’s actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: its goals and strategies; its future business development, financial condition and results of operations; the expected growth of the wealth management and asset management market in China and internationally; its expectations regarding demand for and market acceptance of the products it distributes; investment risks associated with investment products distributed to Noah’s investors, including the risk of default by counterparties or loss of value due to market or business conditions or misconduct by counterparties; its expectations regarding keeping and strengthening its relationships with key clients; relevant government policies and regulations relating to its industries; its ability to attract and retain qualified employees; its ability to stay abreast of market trends and technological advances; its plans to invest in research and development to enhance its product choices and service offerings; competition in its industries in China and internationally; general economic and business conditions in China; and its ability to effectively protect its intellectual property rights and not to infringe on the intellectual property rights of others. Further information regarding these and other risks is included in Noah’s filings with the U.S. Securities and Exchange Commission and the Hong Kong Stock Exchange. All information provided in this press release and in the attachments is as of the date of this press release, and Noah does not undertake any obligation to update any such information, including forward-looking statements, as a result of new information, future events or otherwise, except as required under the applicable law.

Altair Named a Leader in the June 2025 Gartner® Magic Quadrant™ for Data Science and Machine Learning Platforms for Second Consecutive Year

Altair recognized for Completeness of Vision and Ability to Execute

TROY, Mich., May 30, 2025 /PRNewswire/ — Altair, a global leader in computational intelligence, announced that Altair® RapidMiner®, Altair’s data analytics and AI platform, has been positioned by Gartner as a Leader in the Magic Quadrant for Data Science and Machine Learning Platforms. The evaluation was based on specific criteria that analyzed the company’s overall Completeness of Vision and Ability to Execute.

Altair Named a Leader in the June 2025 Gartner® Magic Quadrant™ for Data Science and Machine Learning Platforms for Second Consecutive Year.
Altair Named a Leader in the June 2025 Gartner® Magic Quadrant™ for Data Science and Machine Learning Platforms for Second Consecutive Year.

“We think being recognized as a Leader for the second consecutive year further validates Altair’s expertise in data science and machine learning. Our unique, world-leading solution for data preparation, AI development, orchestration, and automation, empowers organizations to turn data into intelligence faster and more effectively,” said Sam Mahalingham, chief technology officer, Altair. “We continually push the limits of innovation, and now having joined the Siemens ecosystem, we will help our customers build, automate, and deploy AI faster than ever.”

Altair RapidMiner’s full-stack AI capabilities—from low-code AutoML to sophisticated MLOps, agent frameworks, and high-speed visualization—empower organizations to quickly prototype, deploy, and scale AI applications. The platform also offers native support for SAS language execution—one of only two platforms in the world with this capability—allowing customers to preserve and extend the value of their existing analytics investments while modernizing their workflows. Another notable differentiator is Altair RapidMiner’s massively parallel processing (MPP) graph engine designed to support knowledge graph creation, data fabrics, and ontology modeling at enterprise scale.

According to the report, “Leaders in this market have a mature, refined and targeted company and platform strategy that incorporates and leverages GenAI and AI agents to drive their customers’ business value. They see opportunities for leveraging agents that other providers may not see or have made significant investments above and beyond standard offerings. They have the capability to innovate at a speed that outperforms other vendors. In addition, they can clearly articulate how they provide value to the multiple types of personas involved in the process of building data science and machine learning models.”

Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of the providers in markets where growth is high and provider differentiation is distinct. Providers are positioned into four quadrants: Leaders, Challengers, Visionaries and Niche Players. The research enables you to get the most from market analysis in alignment with your unique business and technology needs.

For more information about Altair RapidMiner, visit https://altair.com/altair-rapidminer.

Gartner Disclaimer

Gartner, Magic Quadrant for Data Science and Machine Learning Platforms, Afraz Jaffri, Maryam Hassanlou, Tong Zhang, Deepak Seth, Yogesh Bhatt, May 28, 2025.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Altair

Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair is part of Siemens Digital Industries Software. To learn more, please visit www.altair.com or sw.siemens.com.

Media contacts

Altair Corporate

Bridget Hagan

+1.216.769.2658

corp-newsroom@altair.com

Altair Europe/The Middle East/Africa  

Altair Asia-Pacific

Louise Wilce

Man Wang

+44 (0)7392 437 635

86-21-5016635,,825

emea-newsroom@altair.com

apac-newsroom@altair.com

 

 

Synology Premiers a Full Lineup of Advanced Data Management Solutions at COMPUTEX 2025

SINGAPORE – Media OutReach Newswire – 30 May 2025 – Synology showcased its latest lineup of innovations at COMPUTEX 2025, Taiwan, presenting a comprehensive solution portfolio spanning enterprise storage, data protection, video surveillance, on-premise productivity suite, and personal private cloud.

“At Synology, our goal has always been to build a data management ecosystem our customers can trust,” said Philip Wong, Chairman and CEO of Synology. “We design our solutions to offer not only unparalleled ease of use, but also industry-leading security, reliability, and data privacy, empowering both organizations and individuals to manage their data with confidence.”

Active-active NVMe all-flash storage: PAS7700

PAS7700 is Synology’s new flagship enterprise storage designed for mission-critical workloads. It features a dual-controller, active-active architecture to ensure non-disruptive service continuity. With security at its core and built-in 3-2-1-1 data replication capabilities, it safeguards data integrity at every level.

Engineered for exceptional performance and unmatched cost efficiency, the PAS7700 leverages an end-to-end NVMe design to deliver up to 2 million IOPS and sub-millisecond latency—offering up to 3x the performance of existing Synology models.

New ActiveProtect lineup: DP7200

Following the successful launch of ActiveProtect, Synology is expanding its data protection lineup with the introduction of DP7200. This new appliance can be deployed as a standalone backup server at branch locations or as a CMS host at headquarters. It delivers unified data protection for workloads across the entire organization, while built-in immutability and network isolation features safeguard against cyber threats—ensuring that clean, recoverable copies are always available when needed.

Synology’s new cloud VMS: C2 Surveillance

Building on Synology’s comprehensive video surveillance ecosystem covering IP cameras, NVRs, AI analytics, and cloud backup, Synology introduced C2 Surveillance—a cloud- based video management system designed for NVR-less deployment and seamless multi- site scalability.

C2 Surveillance is built for rapid deployment and easy scalability. With centralized cloud management, Windows AD integration, and role-based permission delegation, it is an ideal solution for distributed multi-site large deployments. It also enables continuous local edge recording and supports offline failover mode to ensure uninterrupted monitoring.

Productivity additions: ChatPlus and Synology Meet

Synology is expanding its productivity offerings with the introduction of ChatPlus and Synology Meet. ChatPlus enables secure team communication with granular permission settings and advanced channel management, while Synology Meet provides enterprise- grade video conferencing. Both applications run on Synology’s private cloud infrastructure, ensuring full data ownership, management, and privacy.

BeeStation Plus: a private cloud designed for families

BeeStation Plus is a private cloud solution designed for families, offering automatic backup of iCloud Photo Libraries and integration with Plex Media Server for seamless video streaming. It also supports snapshot-based local recovery and offsite cloud backup through BeeProtect, safeguarding cherished family data and memories.

BeeStation Plus will also support smart home surveillance when paired with the Synology CC400W camera. With a new mobile application, it offers intelligent detection of human presence, pet activity, ambient sounds, and tampering—delivering instant alerts to keep users informed of everyday events.

To learn more about Synology’s latest 25 Series lineup, advanced cloud solutions, and AI-driven innovations at COMPUTEX 2025, please visit: https://event.synology .com/synology -computex-2025/

Hashtag: #Synology

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

National treasure returned home after 79 years of drifting — under China-U.S. joint escort

BEIJING, May 30, 2025 /PRNewswire/ — A news report by China.org.cn on the homecoming of Chinese cultural relics:


National treasure returned home after 79 years of drifting — under China-U.S. joint escort

Ten days ago, a commercial flight from Washington D.C. touched down at the Beijing Capital International Airport in the quiet hours before dawn. The flight carried China’s long-lost national treasure — two volumes of the ancient Zidanku Silk Manuscripts. That moment, after 79 years adrift overseas, the precious artifacts finally returned home.

In Chinese, silk or satin-based textiles are generically termed “bo.” Before the invention of paper, ancient Chinese wrote classical texts on silk, known as “bo shu,” or silk manuscripts. The Zidanku Silk Manuscripts are to date the oldest examples of such ancient texts unearthed in China, dating back over 2,300 years. Richly illustrated and paired with explanatory texts, the manuscripts explore the origins of the four seasons and twelve months, the taboos and auspicious practices at different times, as well as military strategies for offense and defense in war.

The invaluable texts were illicitly excavated from a Chu-state tomb in 1942, at the Zidanku site in Changsha, Hunan Province. They eventually fell into the hands of Cai Jixiang, a Chinese antiques collector. But several years later, John Hadley Cox, an American, coaxed Cai into giving the silk manuscripts to him under the guise of photographing the manuscripts using infrared devices to decipher the faded text. Exploiting Cai’s trust, Cox never returned the silk manuscripts, and instead smuggled them to the U.S. Since then, the national treasure has been separated from its homeland. 

The long journey home has crystallized efforts of many.

The Zidanku Silk Manuscripts consist of three volumes. After being illicitly brought to the U.S., “Sishi Ling,” the first volume, was purchased by Dr. Sackler in 1966. A doctor and art collector with a deep affection for China, Dr. Sackler fully recognized the significance of the silk manuscripts, and believed artifacts of such gravity should not be kept outside of their country of origin. In 1986, ground was bro ken for the Arthur M. Sackler Museum of Art and Archaeology at Peking University, a project that Dr. Sackler funded. He planned to return the Zidanku Silk Manuscripts to China upon the museum’s completion. Unfortunately, Dr. Sackler passed away the following year, before his wish could be fulfilled.

As for the second and third volumes, “Wuxing Ling” and “Gongshou Zhan,” their whereabouts were unknown at the time.

Li Ling, a chair professor at Peking University, began researching the Zidanku Silk Manuscripts in 1980. For 45 years, he has dedicated himself to tracing every stage of the artifacts’ journey since excavation. With the help of scholars including Professor Donald Harper from the University of Chicago, Li traced exhaustively the “footprints” of the silk manuscripts in the U.S. It turned out that the two missing volumes were stored in a shoebox by John Hadley Cox, and were kept in Washington D.C. until 1992, when Cox donated them anonymously to the National Museum of Asian Art.

Professor Donald Harper, based in the U.S. at the time, connected with members of John Hadley Cox’s family. In 2024, Harper handed over a crucial piece of evidence to China — the lid of the shoebox that once held the silk manuscripts, donated by Cox’s granddaughter. The lid clearly logged the manuscripts’ several transfers after arriving in the U.S.

While scholars like Li Ling and Donald Harper worked tirelessly on the silk manuscripts, the Smithsonian Institution in the U.S. issued a policy on the ethical return of all cultural artifacts acquired through improper means. Buttressed by the solid and complete chain of evidence, China officially launched its recovery of the second and third volumes of the Zidanku Silk Manuscripts. Following over a year of extensive consultation and negotiation, the scene we showed at the beginning finally materialized. The success also gives us confidence that the return of “Sishi Ling,” the first volume, is not far behind.

Since China and the U.S. signed their first MoU in 2009 to prevent illegal importation of Chinese cultural artifacts into the United States, it is believed, almost 600 items or sets of lost cultural relics have been repatriated to China.

Li Ling, who has devoted decades of his life to researching silk manuscripts, said that the retrieval of the Zidanku Silk Manuscripts would have been impossible through his efforts alone. It is the joint efforts of both Chinese and American scholars, and the cooperation between the two countries to help lost cultural artifacts return to their countries of origin, that allowed these national treasures to come home.

Through the plexiglass encasing the artifacts, one can still see the faintly discernible writing on the remains of the now-brown Zidanku Silk Manuscript fragments, offering a peek into ancient reflections on the universe and life from two millennia ago. Their 79-year journey home also reflects the spirit of equal dialogue and cooperation between China and the United States; it is a microcosm of people’s wisdom and experience in guarding the fruits of human civilization beyond national borders.

China Mosaic 
http://chinamosaic.china.com.cn/index.htm 

Village Grocer Extended Reach to New Suburban Area at Myra Park, Nilai

Village Grocer’s rapid growth this year now open its 33rd new supermarket outlet at Myra Park Marketplace, Nilai. The iconic community gathering place that offers a peaceful escape from the city.

  • To celebrate the grand opening, Village Grocer is offering a host of special giveaways and promotions throughout the entire month, until 29th June 2025. Shoppers can enjoy Savoir Classic Egg Grade C 30s FREE with minimum purchase of RM 150 per transaction on selected promotion days. Limited to 100 trays per promotion day. Available from 30th May to 1st June 2025 and 6th to 8th June 2025 only. Terms apply.
  • Sign up Bites membership to collect points, earn rewards and enjoy members only price offer. Spend RM2 to earn 1 Bites point.

KUALA LUMPUR, Malaysia, May 30, 2025 /PRNewswire/ — Village Grocer officially open its 33rd supermarket outlet, located in new suburban area Myra Park, Nilai. This new location will provide local community with green spaces and social areas.

Village Grocer Myra Park Marketplace, Nilai Opening Ceremony.
Village Grocer Myra Park Marketplace, Nilai Opening Ceremony.

Nilai marks another milestone for Village Grocer, as the brand continues to expand its footprint and bring its premium grocery offers to communities beyond Klang Valley. Strategically situated within modern residential area Myra Park Marketplace in Nilai, the new Village Grocer location will serve as a one-stop destination for discerning shoppers seeking the freshest produce, high-quality meats, artisanal baked goods, and a wide selection of specialty and gourmet items.

“At Myra Park, we focus on elevating daily living through well-designed spaces and convenient amenities. Myra Park Marketplace will play a key role in enhancing the overall township experience for both residents and visitors,” said Mr. Kim Lin Teng , Chief Executive Officer of CHJ Property .

The Food Purveyor’s Group Executive Chairman, Mr. Ong Kim Too , expressed his delight in inaugurating their newest supermarket location at Myra Park Marketplace, Nilai. He conveyed the company’s pride in being recognised and accepted by Oriental Interest Berhad. “We’ve been looking forward to our new supermarket opening in Nilai as we continue to grow beyond Klang Valley. This new establishment aims to enhance the shopping experience for the Nilai and its surrounding residences, and we are glad to be part of the community here”.

The Food Purveyor’s Chief Executive Officer, Mr. Kok Kian Kee  shared that Nilai marks an important milestone as Village Grocer continues to grow and expand its reach beyond Klang Valley. “We believe in bringing exceptional grocery experience closer to home, convenient and within reach. We eliminated the need to travel the distances to access to fresh and quality groceries for your family”.

As a homegrown brand, Village Grocer is committed to giving back to local communities. It actively supports and source from local farmers, small businesses, and local brands. Village Grocer is also passionate about sustainability and has set a goal to be plastic-free. Its environmental, social and governance efforts have earned Village Grocer several awards. 

About Village Grocer:

Village Grocer is one of the leading premium supermarket chain, known for its commitment to offering the finest quality products, exceptional customer service, and a unique shopping experience. With 33 locations across the country, Village Grocer is dedicated to bringing the best of local and international gourmet items to discerning shoppers, while maintaining the highest standards of sustainability and environmental responsibility.

Village Grocer Myra Park Marketplace, Nilai open daily from 10 a.m. to 10 p.m. and look forward to serving the Nilai community and creating memorable shopping experiences for years to come.

For more information, visit villagegrocer.com.my.

Inspiring Innovation: Hong Kong and Macau School Teams Dominate 2025 ROBOFEST World Championship

HONG KONG, May 30, 2025 /PRNewswire/ — 

Hong Kong and Macau Elites Step onto the International Stage

Talented innovators from schools in Hong Kong and Macau once again went global in 2025, taking part in the annual international robotics competition, ROBOFEST, organised by Lawrence Technological University, USA. This globally renowned competition attracts participants from over 20 countries and regions, all showcasing their unique designs and creativity.

A total of over 130 students from 21 primary and secondary schools representing Hong Kong and Macau travelled to the United States to participate in multiple competitions from May 15th to 17th. They competed against more than 1,000 contestants from around the world, including the United States, China, Canada, Saudi Arabia, Egypt, Mexico, and others. The elite teams from Hong Kong and Macau performed exceptionally well, together winning 28 major awards, including 9 championships and 5 runner-up prizes. These results demonstrate our students’ outstanding ability and innovation in robotics, earning high praise from the judges.

True Light Primary School and Kindergarten Team: On the Road to the World’s Best

The RoboArt team, consisting of four girls, showcased remarkable perseverance. Having won second place in their first competition two years ago, they learnt from the experience and, through dedication and training, returned this year to claim both the championship and the Most Popular Award. The judges commended their work for its technical excellence and artistic expression. Behind this victory lies a story of persistence and creativity, inspiring the girls to face challenges and bearing witness to their growth and progress.

Student’s Perspective: From Fun to Dreams, Robotics Inspires the Future

BottleSumo champion Wong Yan Tai from Pui Ching Primary School in Hong Kong has been involved in robotics since Year 1, five years ago. After the competition, he shared: “Robotics competitions have taught me to solve problems in different ways. The process is challenging but also great fun.” Wong hopes to design robots to assist humans in space exploration one day. His experiences have not only improved his technical skills but also fostered innovation and problem-solving abilities.

Parents’ Testimony: Learning Experiences Boost Confidence and Problem-Solving Skills

Wong Yan Tai’s parent shared: “At first, he was a bit nervous, but with more practice and competition experience, he learnt how to tackle problems, manage his emotions and stress, and communicate with teammates. At the competition, seeing so many peers from around the world interacting created a lively atmosphere, which has had a very positive influence on their development.”

He added that his child is proactive in learning during lessons and continues to explore ways to improve robot designs at home, developing a greater interest in science. “Teachers have commented that he is enthusiastic in class. Participating in competitions and training courses has boosted his confidence and problem-solving ability, which will benefit his future studies as well.”

Inspiring Young People to Drive Future Innovation and Technology

As the organiser of the Hong Kong and Macau regional qualifiers, the Robot Institute of Hong Kong is proud of all the teams’ achievements. The competition enabled students to compete against teams from all over the world, showcasing their learning, enhancing their problem-solving skills, and fostering teamwork. In addition to the competition itself, students had the opportunity to experience new cultures and make new friends. The Institute hopes that the efforts and achievements of young people will inject new energy into technological innovation in Hong Kong and Macau, driving future development.

Systematic Learning Helps Students Realise Their Potential and Achieve Excellent Results

Teams from the Robot Institute of Hong Kong have won multiple world championships for four consecutive years. Parents believe that the Institute’s structured learning approach and the rich experience of its mentors have helped students achieve outstanding results in competitions. The combination of learning and hands-on practice cultivates skills and further motivates students to pursue excellence and showcase their talents.

ROBOFEST Hong Kong & Macau
Official website: https://www.robofesthk.org/2025rfus 
Regular courses are now open for enrolment: www.rihk.com/2025robot