Pacific Avenue Capital Partners Enters into Exclusive Negotiations to Acquire ESE World, Amcor’s European Waste Container Business ACN Newswire

Pacific Avenue Capital Partners Enters into Exclusive Negotiations to Acquire ESE World, Amcor’s European Waste Container Business

LOS ANGELES, CA AND PARIS, FR, May 4, 2026 - (ACN Newswire via SeaPRwire.com) - Pacific Avenue Capital Partners ("Pacific Avenue"), a global private equity firm focused on corporate carve-outs and other complex transactions in the middle market, announced today that an affiliate of Pacific Avenue has entered into exclusive negotiations to acquire ESE World (the "Company" or "ESE") from Amcor, one of the world's leading global packaging companies.ESE is the foremost European manufacturer of both plastic and steel waste containers and a provider of associated waste management services. The Company generates approximately €300m of revenues and serves customers across the world from its three manufacturing facilities in Germany (Neuruppin and Olpe) and France (Crissey).Under Pacific Avenue's stewardship, ESE will focus its efforts on meeting the needs of its customers and executing several growth initiatives tied to operational improvement, geographic expansion, and strategic add-on acquisitions. Pacific Avenue will work in close partnership with ESE's existing management team to pursue these initiatives and accelerate the Company's next phase of growth."This transaction marks an exciting next phase of growth for ESE. The business is a strong fit within our portfolio of industry-leading companies, and a testament to Pacific Avenue's position as a trusted partner for corporate sellers in the EU and globally seeking a seamless execution of complex carve-outs. With a strong brand, industry leading innovation, and a defensible market position, we look forward to providing the resources and expertise needed to drive long-term value creation."-Chris Sznewajs, Founder and Managing Partner of Pacific Avenue"ESE is a high-quality business with a proven track record of product innovation and a strong, loyal customer base. Pacific Avenue is excited to partner with the ESE management team and reinvest in the business, both organically and through strategic add-on acquisitions. Building on a strong operational foundation, we see significant opportunity to support ESE's next phase of growth and long‑term value creation.-Xavier Lambert, Managing Director - Head of Europe, Pacific Avenue Capital PartnersThe acquisition of ESE represents a significant milestone for Pacific Avenue, marking the Firm's third European transaction, and the first European investment out of Fund II and its dedicated European sidecar. It is another example of Pacific Avenue's ability to partner with corporate sellers globally to successfully execute complex carve-outs of non-core businesses."This acquisition is a direct result of Pacific Avenue's commitment to expanding our global footprint in Europe. Since establishing our European presence, Pacific Avenue is focused on identifying exactly this type of opportunity; a high-quality, market-leading business being divested by a large corporate seller. We look forward to partnering with the ESE management team to write the next chapter of the Company's story."Chris Sznewajs, Founder and Managing Partner of Pacific AvenueThe transaction is subject to the completion of the works council consultation process, following which the sale and purchase agreement can be signed. The transaction is targeted to close in Q2 2026, subject to customary regulatory approvals and closing conditions.Pacific Avenue was advised by Willkie Farr & Gallagher LLP, Accuracy, and PwC.Amcor was advised by Greenhill, a Mizuho affiliate, and Latham & Watkins.About Pacific Avenue Capital PartnersPacific Avenue Capital Partners is a global private equity firm, headquartered in Los Angeles with an office in Paris, France. The firm is focused on corporate divestitures and other complex situations in the middle market. Pacific Avenue has extensive M&A and operations experience, allowing the firm to navigate complex transactions and unlock value through operational improvement, capital investment, and accelerated growth. Pacific Avenue takes a collaborative approach in partnering with strong management teams to drive lasting and strategic change while assisting businesses in reaching their full potential. Pacific Avenue has more than $3.7 billion of Assets Under Management (AUM) as of December 31, 2025. The members of the Pacific Avenue team have closed over 120 transactions, including over 50 corporate divestitures, across a multitude of industries throughout their combined careers. For more information, please visit www.pacificavenuecapital.com.About AmcorAmcor is the global leader in developing and producing responsible consumer packaging and dispensing solutions across a variety of materials for nutrition, health, beauty and wellness categories. Amcor's global product innovation and sustainability expertise enables the company to solve packaging challenges around the world every day, producing a range of flexible packaging, rigid packaging, cartons and closures that are more sustainable, functional and appealing for its customers and their consumers. Amcor is guided by its purpose of elevating customers, shaping lives and protecting the future. Supported by a commitment to safety, over 75,000 people generate $23 billion in annualized sales from operations that span over 400 locations in more than 40 countries. For more information, please visit www.amcor.com.CONTACT:Chris BaddonManaging Directorcbaddon@pacificavenuecapital.comSOURCE: Pacific Avenue Capital Partners Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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ZOQQ Approaches Breakeven on a Bootstrapped Path – Bucking the Burn-First Fintech Playbook ACN Newswire

ZOQQ Approaches Breakeven on a Bootstrapped Path – Bucking the Burn-First Fintech Playbook

LONDON, May 5, 2026 - (ACN Newswire via SeaPRwire.com) - ZOQQ, a global enterprise fintech infrastructure platform, today announced it is approaching operational breakeven - a milestone reached entirely on a bootstrapped basis, with no external venture capital. Having processed over $150 million in transaction volume across its multi-currency banking, card issuance, and cross-border payment solutions, the company is now on track for profitability by Q4 2026 or Q1 2027.Founded by fintech operators Avishek Singh, Sanjit Ghanti, and Gitesh Athavale, ZOQQ has achieved what remains uncommon in the fintech sector: scaling to meaningful transaction volume and approaching breakeven without external venture capital. The platform currently serves 15+ enterprise clients across multiple jurisdictions and is delivering consistent, strong year-on-year revenue growth, with a clear line of sight to sustained expansion."Most fintechs are in a race to scale at any cost. We took a different path - building unit economics into the product from day one and proving that disciplined, bootstrapped growth can outperform burn-funded models. We have built something that works. We are now raising capital to accelerate - not to validate."- Avishek Singh, Co-founder, ZOQQA different path in fintechIn a category defined by aggressive capital consumption, ZOQQ stands apart. The company has reached its current scale by:Building unit-level profitability into the product from inceptionServing enterprise clients across multiple jurisdictions with near-zero monthly burnDelivering consistent revenue growth while maintaining positive operating cash flowReaching meaningful scale across global corridors with a lean, focused teamThis positions ZOQQ in a small group of fintech infrastructure businesses that have proven product-market fit and unit economics before raising institutional capital."We built ZOQQ to give enterprises the speed of fintech with the trust of banking. Doing this on a bootstrapped basis is proof that our infrastructure is solving a real problem at scale. The next chapter is about acceleration - deeper coverage, broader product, and a much bigger client footprint."- Gitesh Athavale, Co-founder, ZOQQEnterprise-grade global financial infrastructureZOQQ's platform delivers a unified, API-driven suite of financial products built for the digital economy:Global Multi-Currency Account - Hold and manage funds in 40+ currencies through a unified account structure.Global Card Issuance - Issue branded virtual and physical payment cards across 60+ markets with real-time controls.FX Conversion & Acceptance - Process multi-currency payments and conversions with transparent, real-time rates.Global Payout Solutions - Enable instant, compliant disbursements to partners, employees, and vendors across 190+ countries.Capital to accelerate, not to validateZOQQ is now engaging with select institutional investors to fuel its next phase of growth. Capital from this round will be deployed across three priorities:Regulatory expansion - Deepen the license portfolio and unlock new corridors.Enterprise go-to-market - Scale sales, partnerships, and client success across existing markets.Product velocity - Invest in platform infrastructure to support 10x client growth.The company expects to reach profitability by the end of 2026 or early 2027, providing investors with a rare combination of demonstrated traction, capital efficiency, and a clearly modelled path to sustainable returns.About ZOQQZOQQ is a next-generation fintech platform offering multi-currency banking, cross-border payments, card issuance, and FX solutions for modern enterprises. Built with regulatory-grade compliance, advanced API infrastructure, and global coverage, ZOQQ empowers businesses to transact, manage, and scale their financial operations seamlessly across 190+ countries.Media & Investor ContactAvishek SinghCo-founder, ZOQQavishek@zoqq.comhttps://www.zoqq.com/SOURCE: ZOQQ Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Holista Executes Binding JV for Collie Collagen Facility ACN Newswire

Holista Executes Binding JV for Collie Collagen Facility

Collie, Western Australia, May 5, 2026 - (ACN Newswire via SeaPRwire.com) - Holista Colltech Limited (ASX: HCT) (Holista or the Company) is pleased to announce that it has entered into a binding Joint Venture Agreement with Swang Chai Chuan Limited (HKEX: 2321) (SCC) for the funding, development and operation of an ovine nano-collagen production facility in Collie, Western Australia.Key Commercial TermsThe Joint Venture (JV) will operate through Ovicoll Pty Ltd, with an initial ownership structure of 50:50 between Holista and SCC.SCC will contribute RM5,000,000 (approximately A$1.6 million) to fund commissioning and initial working capital requirements of the JV.As part of the commercial terms of the JV, Holista will make payments equivalent to 3% per annum on SCC’s initial funding contribution for a period of two years.Holista retains a contractual option to increase its interest in the JV to 75%, exercisable between the second and fifth anniversaries of SCC’s initial capital contribution, based on a pre-agreed valuation methodology.In connection with the JV, Dr. Rajen Manicka, a substantial shareholder of the Company, has provided a personal guarantee in favour of SCC in respect of certain financial obligations of the JV. This guarantee is secured by the shares he holds in Holista and is provided in his personal capacity. The guarantee does not constitute an obligation of the Company.Operations and GovernanceHolista will be responsible for the day-to-day management and operation of the JV. The Board of Ovicoll Pty Ltd will comprise an equal number of directors appointed by Holista and SCC.Intellectual Property and Commercial TermsHolista will retain ownership of all pre-existing and newly developed intellectual property, with the JV granted a licence to utilise this technology for its business.The JV will pay Holista a royalty of 8% of gross sales, capped at 20% of the JV’s profit before tax.Strategic RationaleThe Joint Venture represents a significant step in the commercialisation of Holista’s collagen technology and supports the Company’s strategy to establish scalable production capabilities and expand into international markets.The Collie facility is expected to provide a platform to produce high-value nano-collagen products for use in nutraceutical, food, cosmetic, and biomedical applications.SCC is expected to play an active role in supporting the Joint Venture’s market development activities, leveraging its regional network and experience in distribution and consumer markets to facilitate product commercialization.Additional InformationThere are no material conditions precedent to the Joint Venture Agreement.The Company will provide further updates on development milestones and timing of commissioning in due course.This announcement has been approved by the Board of Holista Colltech Limited.About Holista Colltech LimitedHolista Colltech Limited (ASX: HCT) is a Perth-based innovator in health and wellness solutions, listed on the Australian Securities Exchange. The Company operates across four core business divisions: Dietary Supplements, Healthy Food Ingredients, Ovine Collagen, and Infection Control Solutions.Holista’s portfolio includes market-leading nutritional supplements, patented low-GI food ingredients adopted by global food manufacturers, premium disease-free ovine collagen, and all-natural, non-toxic sanitizers for consumer and industrial use. These offerings reflect Holista’s commitment to combining the best of nature and science to support healthier modern lifestyles.With a strong track record of research, development, and commercialization, Holista has pioneered several proprietary technologies in the global health and wellness sector. The Company remains dedicated to delivering sustainable, science-backed solutions that enrich lives and promote better living worldwide.Media Contact:WeR1 Consultants Pte LtdE: holista@wer1.netM: +65 6677 3032 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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TaxiNexo Accelerates Global Expansion: Autonomous Taxis Arrive in Los Angeles ACN Newswire

TaxiNexo Accelerates Global Expansion: Autonomous Taxis Arrive in Los Angeles

NEW YORK, May 4, 2026 - (ACN Newswire via SeaPRwire.com) - TaxiNexo, an AI-powered mobility company, recently announced that it began its global strategy years ago, aiming to bring autonomous taxis to major cities worldwide. Currently, the company has already launched autonomous taxi services in New York City and achieved initial success.TaxiNexo continues to expand its autonomous driving network. Following New York, the company will soon officially launch its autonomous taxi service in Los Angeles, further expanding its presence in its key US markets.In addition to the cities already mentioned, TaxiNexo is also targeting other major American cities, including Washington, D.C., San Francisco, and Atlanta, planning to gradually advance testing and commercial operation of autonomous vehicles to build a national smart mobility network.The company stated that its autonomous taxi system, based on an AI-powered dispatch platform and autonomous driving technology, can achieve efficient operation and continuous optimization. In high-frequency urban travel scenarios, this model is expected to improve traffic efficiency and provide users with a more convenient travel experience.The company has long invested in research and development of autonomous driving technology and its expansion into the global market, aiming not only to enter a single city but also to create an autonomous mobility ecosystem spanning multiple cities and countries.In its future development strategy, the company aims to become the world's largest autonomous vehicle operation and rental company and promote the global adoption of autonomous mobility services.Media contactBrand: TaxiNexoContact: Media teamWebsite: https://www.taxinexo.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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As bossware backlash grows, Vaiz launches work management built on trust, not tracking ACN Newswire

As bossware backlash grows, Vaiz launches work management built on trust, not tracking

LIMASSOL, CYPRUS, May 4, 2026 - (ACN Newswire via SeaPRwire.com) - Vaiz, a Cyprus-based work management platform, is growing its user base with a product principle most competitors ignore: zero employee surveillance. The platform has no keystroke logging, no screenshot capture, no mouse tracking, and no automatic activity monitoring. It is a deliberate product decision, not a missing feature.Vaiz combines tasks, documents, and team collaboration in one workspace — without any form of employee activity tracking.The announcement comes as workplace monitoring faces renewed criticism. In April 2026, a major technology company began installing software on employee computers to record keystrokes, mouse movements, and screen activity to train AI models. The decision triggered immediate employee backlash and public debate about the limits of employer surveillance. A growing number of teams are now looking for tools that help them coordinate work without tracking how people spend every minute.Why no-surveillance work management matters nowEmployee monitoring software has grown from a niche practice to a global norm. Adoption rose from 30 percent before the pandemic to 60 percent by 2022. In 2026, the EU AI Act classifies workplace AI monitoring as high-risk and restricts practices such as emotion recognition in employment, with penalties up to 35 million euros or 7 percent of global revenue.Research shows that 31 percent of monitored employees feel micromanaged, and 23 percent report a sense of constant surveillance. For small and mid-sized teams that depend on trust and speed, surveillance tools often cause more harm than the problems they claim to solve. Vaiz was designed for these teams. The platform does not include any automatic activity tracking, screen recording, or behavioural monitoring.What Vaiz offers instead of surveillanceVaiz is a unified work management platform that brings tasks, documents, files, and team discussions into a single workspace. Rather than tracking employee behaviour, the platform makes work visible through structure: task boards, project timelines, milestones, and shared documents that give everyone context without oversight software.The platform connects to over 2,000 applications through Zapier and offers native integrations with Slack, GitHub, and GitLab. Embedded tools include Figma, Miro, YouTube, Vimeo, Swagger, and GraphQL editors. A built-in AI assistant turns goals into task breakdowns, generates project plans, summarises discussions into action items, and improves document clarity. A native MCP server connects Vaiz to AI assistants such as Claude and Cursor, and three public SDKs let developers extend the platform. The full list is available on the integrations page.Vaiz co-founder Konstantin Cherkasov explained the company's position: "We build tools that help teams coordinate their work, not tools that watch people. If a platform needs to capture your screen to know whether you are productive, the problem is not the employee — it is the platform."Switching and pricingVaiz's Migration Center supports one-click imports from Jira, Asana, Trello, YouTrack, Notion, Linear, Monday, ClickUp, and Wrike. Pricing starts with a forever free plan for up to 10 users, no credit card required. The Pro plan costs five US dollars per user per month, and the Premium plan costs nine US dollars per user per month. An Enterprise edition with on-premises deployment is available for organisations with data residency requirements. A 30-day free trial covers all paid plans, and startups qualify for a 50 percent discount.Development paceVaiz today releases version 2.84, which introduces calendar integration. Since September 2025, this is the tenth numbered release. The team has recently moved to a two-week release cycle, accelerating from the previous pace of roughly one major update every three weeks. Earlier releases in 2026 delivered an improved UI, Slack integration, Cursor IDE support, and an iOS app with full desktop parity. The public product roadmap is available on the website.The company's focus is building a connected workspace where teams can plan, execute, and communicate in one place — without tools that treat employees as subjects of observation. More information is available at vaiz.com.About VaizVaiz Ltd was founded in 2024 and is headquartered in Limassol, Cyprus. The company operates a cloud-based work management platform that combines task boards, documents, and automation in one workspace. Vaiz is used by cross-functional teams at startups, product companies, game studios, agencies, and growing businesses.Related linksLinkedIn: https://www.linkedin.com/company/vaiz/Media contactBrand: VaizContact: Mike BurtonEmail: support@vaiz.comWebsite: https://vaiz.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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6 Ways to Get More Rewards and Experiences from Everyday Spending ACN Newswire

6 Ways to Get More Rewards and Experiences from Everyday Spending

SINGAPORE, May 4, 2026 - (ACN Newswire via SeaPRwire.com) - Daily shopping in Singapore often goes beyond picking up essentials. From groceries at neighbourhood supermarkets to online orders during festive sales, these routine purchases can become more rewarding when planned well. Many shoppers today explore Rewards Credit Cards as a way to earn cashback, points, or travel perks while managing everyday expenses. When selected based on lifestyle preferences, these cards can help transform routine spending into meaningful benefits without altering regular purchasing habits.Singapore's cost of living means that everyday expenses such as groceries, dining, transport, and digital subscriptions can easily cross SGD 1,200-1,800 monthly for an individual. Choosing a card that aligns with these spending patterns can make it easier to earn steady value across categories that already form part of daily life.Here are five everyday spending categories where Rewards Credit Cards may help you earn cashback or points from purchases you already make, plus one simple tip for getting more value from the rewards you accumulate.1. Turn Grocery Runs into Reward OpportunitiesGrocery shopping forms a significant part of monthly expenses in Singapore, especially with rising food prices. Using Rewards Credit Cards for purchases at supermarkets such as FairPrice, Cold Storage, or Giant can help you earn cashback or reward points on essential spending. If a household spends around SGD 500 monthly on groceries, even a modest 5% cashback rate can return SGD 25 per month, which adds up over time.Some credit cards also partner with grocery retailers to provide exclusive promotions or bonus reward days. Planning grocery purchases during promotional periods can also help maximise benefits while keeping everyday shopping habits unchanged.2. Enjoy Dining and Coffee Breaks with Extra PerksSingapore's vibrant food culture makes dining out a common lifestyle activity. Whether it is hawker meals averaging SGD 6-10 or café visits costing SGD 15-25 per visit, food-related spending can accumulate quickly. Rewards Credit Cards offering dining cashback or restaurant discounts can help make these experiences more enjoyable without increasing overall expenses.Some Credit Cards also provide exclusive dining deals at partner restaurants or offer bonus reward points during weekend dining.3. Make Online Shopping More Cost-EffectiveOnline shopping continues to grow rapidly in Singapore, especially during seasonal sales such as 9.9, 11.11, and 12.12 events. Rewards Credit Cards offering higher cashback or bonus points for online transactions can help shoppers gain extra value during these promotional periods. For example, if monthly online spending averages around SGD 300, cashback benefits ranging from 6% to 10% might generate steady savings.These perks can help enhance the shopping experience while encouraging smarter spending decisions.4. Convert Transport and Ride Expenses into SavingsDaily commuting costs in Singapore, including MRT fares, bus rides, and ride-hailing services, often total SGD 120-200 monthly. Using Rewards Credit Cards that offer cashback or reward points on transport expenses can help turn routine travel into a steady source of savings. Certain cards also offer additional benefits such as fuel discounts or ride-hailing promotions.These features can help individuals who drive or frequently use private transport services enjoy small but consistent savings.5. Earn Rewards While Paying Utility and Subscription BillsMonthly utility bills in Singapore generally range between SGD 120 and 180, while mobile, streaming, and broadband services often cost another SGD 60-120. Paying these recurring bills using Rewards Credit Cards can help accumulate points or cashback without additional effort.Some Credit Cards also provide bonus rewards for recurring transactions, making bill payments more valuable. Over time, these benefits can contribute towards travel redemptions, shopping vouchers, or statement credits.Pro Tip: Turn Reward Points into ExperiencesAfter earning rewards from everyday spending categories, cardholders may choose to redeem them for lifestyle experiences, such as travel bookings, hotel stays, or entertainment passes, instead of using them only for basic discounts. In Singapore, short regional holidays to destinations like Bangkok or Bali often cost between SGD 350 and SGD 800, and accumulated reward points may help reduce these expenses. Some Rewards Credit Cards offer curated lifestyle privileges, such as airport lounge access or event invitations.Making Everyday Shopping More MeaningfulWhen aligned with personal spending habits, Rewards Credit Cards can help turn routine purchases into opportunities for savings, travel, or exclusive experiences. Selecting a Credit Card based on individual lifestyle needs, spending categories, and reward preferences can help create consistent value across everyday transactions.With careful planning, tracking expenses, and choosing cards that reflect real-life spending patterns, shoppers can gradually transform routine purchases into enjoyable lifestyle benefits.Disclaimer: This content is published by iQuanti Singapore Pte. Ltd., an external marketer engaged and compensated by UOB Ltd.Contact Information:Name: Sonakshi MurzeEmail: Sonakshi.murze@iquanti.comJob Title: ManagerSOURCE: iQuanti Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Breaking Through ‘Chokepoint’ Technology: China Risun’s Hexamethylenediamine Plant Commenced Production

HONG KONG, May 4, 2026 - (ACN Newswire via SeaPRwire.com) - At 6:18 a.m. on May 4, 2026, with the successful completion of the final production process, China Risun Group’s 50,000-ton/year caprolactam-to-hexamethylenediamine (HMDA) plant at the Yuncheng Production Base was fully integrated, achieving a one-time successful start-up and producing qualified products. By directly producing HMDA from caprolactam, China Risun has broken the long-standing foreign monopoly on adiponitrile technology (adiponitrile is the key raw material for HMDA, the intermediate for nylon 66, and is regarded as the “throat” of the nylon industry chain). This breakthrough in “chokepoint” technology lays the foundation for China Risun’s strategic deployment in high-end new materials, gradually building a million-ton-scale “nylon 6 + nylon 66 + specialty nylon” industrial cluster, and establishing a national-level nylon new materials base.Industry Background and Current DevelopmentHMDA is a critical raw material supporting the upgrading of the nylon new materials industry. Innovation and breakthroughs in its production technology are of great significance to the development of China’s chemical industry. Currently, the industry relies on the butadiene-based process to produce adiponitrile and then HMDA. Although mature, this route has notable shortcomings: on one hand, production costs remain high due to fluctuations in butadiene feedstock prices; on the other hand, the process is complex, with extremely high technical barriers, and key patents have long been monopolized by overseas enterprises.Against this backdrop, China Risun Group pioneered an independent R&D path, developing a new technology and process to directly produce HMDA from caprolactam. This innovation breaks industry monopolies, overcomes critical technical barriers, and opens up a new route for HMDA production.China Risun’s R&D Journey and Innovation AchievementsAs the world’s largest independent coke producer and supplier, and a global leader in differentiated coal chemical operations, China Risun Group has closely aligned with national strategic needs and accurately grasped industrial transformation trends. As early as 2011, the company foresaw the potential of the caprolactam industry, expanding its scale while establishing R&D teams to carry out independent research on new processes and technologies for caprolactam and downstream industries.Over more than a decade, China Risun’s R&D team conducted over a thousand laboratory-scale experiments, steadily advancing to pilot-scale construction and stable operation, and ultimately achieving full industrial implementation. Throughout the journey from lab-scale to pilot-scale, process development, and industrialization, the team tackled over a hundred research topics, secured dozens of core patents with fully independent intellectual property rights, and successfully developed the innovative process route of directly producing HMDA from caprolactam.Given the disruptive, pioneering, and strategic value of this achievement, Shandong Province has designated China Risun Group’s project as a provincial key engineering initiative.China Risun’s Core Industrial Advantages and CompetitivenessThe commissioning of the HMDA project highlights China Risun’s strengths in industrial synergy and R&D innovation, significantly enhancing its core competitiveness in nylon new materials and consolidating its leadership position in the chemical industry.1. Stable and Efficient Industrial Synergy The stable operation and full-scale production of the HMDA plant will synergize with the Group’s existing 810,000-ton/year caprolactam industry chain and upstream production lines at Yuncheng Industrial Park, including adipic acid, cyclohexanone, and nitric acid. This integration enables resource complementarity, technological upgrading, capacity expansion, and maximized efficiency.China Risun Group has a strong foundation in the aromatics industry chain, extending from benzene to caprolactam to HMDA, and further downstream into high-end industries such as polymer chips, fiber spinning, weaving, injection molding, modification, and polyurethane. This accelerates the construction of a full nylon 6 + nylon 66 + specialty nylon industry chain covering “upstream raw materials – midstream monomers – downstream products.”2. Continuous R&D and Innovation Capacity Compared with traditional processes, the caprolactam-to-HMDA technology offers clear advantages: simplified process flow, lower investment costs, higher safety, and improved raw material conversion rates.Both the process and catalyst are protected by China Risun’s independent intellectual property rights, breaking through domestic and international technical barriers in polyamide raw materials and filling a critical gap in China.3. Ongoing Process Optimization and Cost ReductionChina Risun’s caprolactam-to-HMDA technology achieves significantly lower unit production costs compared with the butadiene route. Future integration of R&D and production will further reduce operating costs.As the world’s second-largest caprolactam producer, China Risun’s scale advantages, industry chain integration, and comprehensive supporting infrastructure make its HMDA products highly cost-competitive.Future Planning and Development StrategyAround the caprolactam industry chain, China Risun Group has already developed and reserved multiple technologies and products, including HMDA and elastic nylon. With the continuous stabilization and upgrading of its core technologies, China Risun will expand its scale and inject new momentum into China’s nylon 66 and related industries.Looking ahead, China Risun Group will remain committed to innovation-driven development and service-oriented growth, deepening its vertically integrated model, strategically cultivating high-end chemicals and new materials, and systematically strengthening its new materials portfolio. The company is dedicated to helping China further overcome chemical and new materials technology barriers, building a modernized, autonomous, and controllable industrial system, and achieving domestic substitution of key materials such as nylon 66—contributing China Risun’s strength to the nation. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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The 16th PropertyGuru Asia Property Awards (Singapore) introduces new categories as market adapts in 2026 ACN Newswire

The 16th PropertyGuru Asia Property Awards (Singapore) introduces new categories as market adapts in 2026

ANNUAL REAL ESTATE HONOURS RETURN AS MARKET SHOWS RESILIENCESINGAPORE, May 4, 2026 - (ACN Newswire via SeaPRwire.com) - The 16th edition of the PropertyGuru Asia Property Awards (Singapore) programme is now open to entries as the market continues to demonstrate resilience and adaptability.The 2026 edition of the PropertyGuru Asia Property Awards (Singapore) will celebrate the country's finest real estate at a gala ceremony on Friday, 30 October at The St. Regis Singapore.Top winners will later represent Singapore and vie for the “Best in Asia” accolades at the PropertyGuru Asia Property Awards Grand Final in Bangkok this December.Entries are now open. Key dates for the 2026 edition are:21 August 2026 – Entries Close21-25 September 2026 – Site Inspections28 September 2026 – Final Judging30 October 2026 – Gala Dinner and Awards Ceremony in Singapore11 December 2026 – Regional Grand Final Gala Dinner in Bangkok, ThailandDemand and stabilityThe latest edition of the PropertyGuru Asia Property Awards (Singapore) arrives as the property market shows stability and resilient housing demand. In the first half of 2026, 4,575 private residential units will be tendered under the GLS programme, a figure representing 50% above the decade average. Meanwhile, landed property prices rose 3.4% quarter-on-quarter as of January 2026, outperforming non-landed segments and highlighting buyer urgency for long-term family homes in a tightly restricted market.Considering the market’s evolution, the 16th PropertyGuru Asia Property Awards (Singapore) introduces several new award categories, including Best Condo Developer, Best Housing Architectural Design, Best Sales Gallery Interior Design, and Best Flexible Work Space.Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “Despite global headwinds, Singapore's property market has shown resilience, with steady price growth and sustained developer confidence even at premium price points. This year's international awards showcase Singapore's market dynamism, and with several new categories introduced, we invite industry leaders to showcase their finest developments, designs, and ESG initiatives. Whether you've delivered standout projects or driven innovation in a stable but competitive market, now is the time to demonstrate excellence and raise the bar higher for Singapore property.”Roy Ling, chairperson of the independent panel of judges and CEO, board director, and adjunct professor, FollowTrade, said: “We invite Singapore’s finest real estate developers to showcase their best projects and ESG initiatives at this year’s awards as the market enters a phase of steady, more measured growth. With residential activity stabilising and commercial sectors supported by resilient demand in office and logistics, we look forward to seeing how the industry responds with innovation, quality, and adaptability in this transformative environment.”Organised by PropertyGuru Group, Southeast Asia’s leading PropTech company, the 16th PropertyGuru Asia Property Awards (Singapore) is supported by gold sponsor Mitsubishi Electric Asia; official portal partner PropertyGuru.com.sg; official magazine Property Report by PropertyGuru; media partners D+A Magazine, Gazet International, SquareRooms Magazine, Tatler Asia Homes, and Top 10 of Singapore; supporting association Singapore Estate Agents Association; and official supervisor HLB.For more information, email awards@propertyguru.com or visit the official website: AsiaPropertyAwards.com.ABOUT PROPERTYGURU GROUPPropertyGuru is Southeast Asia's leading1 PropTech company, and the preferred destination for over 32 million property seekers monthly2 to connect with over 50,000 agents3 monthly to find their dream home. PropertyGuru empowers property seekers with more than 2.1 million real estate listings4, in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, and Vietnam.PropertyGuru.com.sg was launched in Singapore in 2007 and since then, PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 18 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its markets in Singapore, Malaysia, Vietnam, and Thailand as well as the region's biggest and most respected industry recognition platform - PropertyGuru Asia Property Awards, events, and publications across Asia.For more information, please visit: PropertyGuruGroup.com; PropertyGuru Group on LinkedIn.(1) Based on SimilarWeb data between July 2024 and December 2024.(2) Based on Google Analytics data between July 2024 and December 2024.(3) Based on data between October 2024 and December 2024.(4) Based on data between July 2024 and December 2024.PROPERTYGURU CONTACTS:General Enquiries:Richard Allan Aquino, Head of Brand & Marketing ServicesM: +66 92 954 4154E: allan@propertyguru.com Media & Partnerships: Nate Dacua, Senior Manager, Media and Marketing ServicesM: +66 92 701 2510E: nate@propertyguru.com Sponsorships:Piyachanok Raungpaka, Senior Media & Marketing Services ExecutiveM: +66 94 887 5163E: piyachanok@propertyguru.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Global Leaders Converge in Bangkok for the 18th Annual Global CSR & ESG Summit & Awards 2026 ACN Newswire

Global Leaders Converge in Bangkok for the 18th Annual Global CSR & ESG Summit & Awards 2026

BANGKOK, May 1, 2026 - (ACN Newswire via SeaPRwire.com) - The 18th Annual Global CSR & ESG Summit & Awards™ 2026, held on 23 April 2026 at the prestigious Pullman Bangkok Hotel G, concluded with resounding success, welcoming over 150 distinguished delegates from across the globe.Under the bold and forward-looking theme, “AI, Energy & Transition: Resetting ESG in a New Economy,” the summit redefined the traditional conference format—transforming it into a dynamic, emotionally resonant platform that celebrated not only innovation and thought leadership, but also the human impact behind sustainability and ESG transformation.A Powerful Opening: Redefining ESG in a Changing WorldThe summit commenced with an inspiring Opening Keynote by Dr Richard David Hames, Founder & Executive Director, Centre for the Future; Fellow, World Academy of Art & Science.In his address, “Resetting ESG in the New Economy,” Dr Hames challenged conventional ESG paradigms, urging leaders to rethink sustainability in the context of rapid AI advancement, geopolitical shifts, and accelerating energy transitions. He emphasized that ESG must evolve beyond compliance frameworks into a values driven, adaptive system, integrating technological innovation with human-centric leadership and redefining how organizations create long-term value in a rapidly transforming global economy.Navigating Global Complexity: ESG in a New Political and Economic EraThis was followed by an insightful presentation from Prof. Dr Geoffrey Williams, Founder & Director, Williams Business Consultancy Sdn Bhd.In his session, “Sustainability and ESG in the Time of Trump – How AI and Global Changemakers Can Respond,” Prof. Williams explored the evolving intersection of politics, global trade dynamics, and sustainability priorities, examining how shifting geopolitical landscapes and policy uncertainties are reshaping ESG commitments worldwide and influencing corporate strategy, investment flows, and regulatory alignment across regions.Industry Leaders Drive Dialogue on AI, Energy & TransitionThe summit brought together an exceptional lineup of global experts and industry leaders who engaged in high-level discussions across critical ESG themes. These included:Mr Aru David, Director, ASSIST Mekong Region (Vietnam, Cambodia & Thailand)Ms Nikita Asthana, Global Head, Sustainability & Operations Finance, Olam Global Agri Pte LtdMr Amarjit Sandhu, Corporate Vice President, Micron Technology (Singapore & Malaysia)Dr Butra Boonliang, Head of ESG Strategy & Integration, SCGC ThailandMr Alexandre Salesse, Partner, Boston Consulting Group (BCG)Ms Natthatida Tancharoen, Associate Director, Climate Change & Sustainability, KPMG ThailandDr Ely Rashid, Head of Sustainability & Country Manager’s Office, PTTEP Malaysia AssetMr Yoon Tien Ming, Head of CEO Office & Sustainability, Solarvest Holdings BerhadMr Rachit Agarwal, Principal, Boston Consulting Group (BCG)Mr Justin Nga, Director, Decarbonization, APAC, Software & Controls Solutions, GE VernovaMr Poonsit Wongthawatchai, Executive Vice President, Corporate Affairs Division, Bank of Ayudhya Public Company LimitedMs Winnie Khor, Senior Regional Advisor, Resource Development, World Vision East AsiaMr Sukamal Mondal, Vice President, Operations, Sustainability and Community Engagement, Amari Thailand and Oriental Residence BangkokMr Chayathorn Chanruangvanich, ESG & Corporate Sustainability Leader, PwC ThailandMr K Ganesan Kolan De Velu, Partner, Sustainability & Emerging Assurance Leader, Deloitte Southeast AsiaAcross keynote presentations, fireside chats, and panel discussions, speakers explored AI-driven ESG transformation, decarbonisation strategies, sustainable finance, and the balance between technological growth and environmental responsibility, reinforcing the importance of collaboration and innovation in shaping the future of ESG.A Visionary Closing: The Next EconomyThe summit concluded with a powerful Closing Keynote by Summit Chairman Matthias Gelber, Co-Founder and International Ambassador, Dorod Sdn Bhd.In his address, “The Next Economy: AI, Carbon, Food Security & the Human Spirit,” Mr Gelber presented a compelling vision of a rapidly evolving global landscape shaped by technological advancement, climate imperatives, and shifting socio-economic dynamics. He highlighted the interconnectedness of AI innovation, carbon transition, and food security, while emphasizing the importance of human values, resilience, and collective responsibility in navigating the complexities of the next economic era. His address served as a powerful and inspiring conclusion to the summit, leaving delegates with a renewed sense of purpose and direction.Celebrating Excellence: Global CSR & ESG Awards 2026The day culminated in the prestigious Global CSR & ESG Awards™ 2026, recognizing outstanding organizations and leaders driving sustainability excellence worldwide.Opening remarks were delivered by:Ms Anupa Rimal Lamichhane, Lead Regional Environment & Climate Specialist for Asia and the Pacific, IFADMr Srinivasa Popuri, Chief, UN-Habitat Multi-Country Office (MCO), ThailandTheir remarks highlighted the importance of continued collaboration, innovation, and commitment in advancing global ESG agendas.A Cultural Finale: Experiencing the Heart of BangkokOn 24 April 2026, delegates participated in a curated cultural tour across Bangkok, where they experienced a scenic long-tail boat journey along the Chao Phraya River and Bangkok’s historic canals, visited Baan Silapin (The Artist’s House), explored the majestic Wat Paknam Phasi Charoen, immersed themselves in the vibrant atmosphere of Pak Khlong Talat (Flower Market), and enjoyed a guided walk through Bangkok’s historic Chinatown, discovering its rich cultural heritage and dynamic community.About the Global CSR & ESG Summit & Awards™The Global CSR & ESG Summit & Awards™ is a premier international platform dedicated to advancing sustainability, corporate responsibility, and ESG leadership, bringing together global policymakers, business leaders, and innovators to shape the future of responsible business in a rapidly evolving world.Results for the Global CSR & ESG Awards™ 2026Award Categories 2026:Best Environmental Excellence AwardBest Community Programme AwardExcellence in Provision of Literacy & Education AwardEmpowerment of Women AwardBest Workplace Practices AwardCSR & ESG Leadership AwardBest CEO AwardBest Corporate Communications & Investor Relations Team AwardBest Product Excellence AwardBest Country Excellence AwardWinners by Award, Market Capitalization & AchievementBest CEO AwardsPT PLN Indonesia Power UBP Suralaya — Up to USD 500 Million in Market Capitalization — PlatinumAdvanta Enterprises Limited — USD 1 Billion and above in Market Capitalization— PlatinumPT Pertamina EP Zona 7 — USD 1 Billion and Above in Market Capitalization — GoldChevron Thailand Exploration and Production, Ltd. — USD 1 Billion and Above in Market Capitalization — PlatinumBest Corporate Communications & Investor RelationsGodrej Consumer Products Indonesia — Up to USD 500 Million in Market Capitalization — PlatinumBest Environmental Excellence AwardsUp to USD 500 Million in Market CapitalizationPertamina EP Cepu Region 4 – Papua Field — BronzePT Pertamina Hulu Sanga Sanga — Bronze, SilverPertamina EP Cepu Region 4 – Sukowati Field — SilverShinec Joint Stock Company — GoldPT PLN Indonesia Power UBP Suralaya — GoldPT Pertamina Patra Niaga RU III Plaju — GoldPT Kalimantan Prima Persada Jobsite INDE — GoldPertamina EP Cepu Region 4 – Donggi Matindok Field — PlatinumPacific Seeds Thailand (A subsidiary of Advanta Enterprises Ltd) — PlatinumUSD 500 Million to USD 1 Billion in Market CapitalizationPT Maruwai Coal (Alamtri Minerals Indonesia) — PlatinumUSD 1 Billion and Above in Market CapitalizationIndonesia Morowali Industrial Park (IMIP) — BronzePT PLN Indonesia Power UBP Cilegon — BronzePT Pertamina Patra Niaga Aviation Fuel Terminal Supadio — BronzeMicron Technology Malaysia — SilverChevron Thailand Exploration and Production, Ltd. — SilverHirdaramani Vietnam - Fashion Garments Limited — SilverNagaWorld — SilverPT Chandra Asri Pacific Tbk — GoldPTTEP Indonesia — GoldCharoen Pokphand Foods Public Company Limited — GoldPT Pertamina EP Zona 7 — GoldPT Astra International Tbk — GoldPertamina International Shipping — PlatinumBest Community Programme AwardsUp to USD 500 Million in Market CapitalizationPT Pertamina EP Sangatta Field — BronzeBHG Retail REIT — BronzePT Pertamina Patra Niaga FT Maos — BronzePT PLN Indonesia Power UBP Suralaya — BronzePT Pertamina Patra Niaga Integrated Terminal Semarang — SilverPT Pertamina Patra Niaga AFT Sepinggan — SilverPT Pertamina Hulu Energi Jambi Merang — SilverPT PLN Indonesia Power UBP Jateng 2 Adipala — SilverPT Pertamina Patra Niaga AFT Syamsudin Noor — SilverPT Tangkas Cipta Optimal (TACO) — GoldGreenio Company Limited — GoldPertamina EP Cepu Region 4 – Sukowati Field — GoldPT Badak NGL — GoldPT Kalimantan Prima Persada Jobsite INDE — GoldPT Pertamina Patra Niaga Integrated Terminal Banjarmasin — GoldPT Pertamina EP Sangasanga Field — PlatinumUSD 500 Million to USD 1 Billion in Market CapitalizationVNG Group — BronzePhilippine Manufacturing Co. of Murata, Inc. — SilverPT Pertamina Patra Niaga Fuel Terminal Tarakan — SilverPT Pertamina Geothermal Energy Tbk Area Ulubelu — GoldPT Hengjaya Mineralindo — GoldPT Amazon Data Services Indonesia — GoldPertamina EP Cepu Region 4 – Cepu Field — PlatinumUSD 1 Billion and Above in Market CapitalizationIndonesia Morowali Industrial Park (IMIP) — BronzePT Pertamina EP Zona 7 — BronzePT Pertamina Patra Niaga Integrated Terminal Ampenan — BronzeNagaWorld Limited — SilverPT Pertamina Patra Niaga Aviation Fuel Terminal Supadio — SilverPT Chandra Asri Pacific Tbk — SilverPT PLN Indonesia Power Unit Bisnis Pembangkitan Semarang — SilverManulife (Vietnam) Limited — SilverJOB Pertamina-Medco E&P Tomori Sulawesi — SilverCentral Retail — GoldChevron Thailand Exploration and Production, Ltd. — GoldCharoen Pokphand Foods Public Company Limited — GoldPT Petrosea Tbk — GoldPT Pamapersada Nusantara — GoldPT Pertamina Patra Niaga Refinery Unit IV Cilacap — GoldPhu Nhuan Jewelry Joint Stock Company (PNJ) — GoldMicron Technology Malaysia — GoldPT Pertamina EP Zona 7 — GoldAdvanta Enterprises Limited — GoldPertamina International Shipping — GoldPTTEP Energy Development Company Limited the subsidiary of PTT Exploration and Production Public Company Limited — PlatinumExcellence in Provision of Literacy & Education AwardUp to USD 500 Million in Market CapitalizationPacific Seeds Thailand (A subsidiary of Advanta Enterprises Ltd)— BronzePT PLN Indonesia Power UBP Suralaya — SilverPT Kalimantan Prima Persada Job Site BDMA — GoldPT Pertamina Hulu Mahakam — PlatinumUSD 500 Million to USD 1 Billion in Market CapitalizationDole Philippines Inc. - Stanfilco Division — BronzePT Saptaindra Sejati — SilverPT Amazon Data Services Indonesia — GoldPTTEP International Limited (Yangon Branch) — PlatinumUSD 1 Billion and Above in Market CapitalizationIndonesia Morowali Industrial Park (IMIP) — BronzePT Pertamina EP Zona 7 — SilverPT Pertamina Patra Niaga Aviation Fuel Terminal Supadio — SilverTata Consultancy Services Limited — GoldNagaWorld Limited — GoldVinUniversity — GoldViettel Group — PlatinumEmpowerment of Women AwardUp to USD 500 Million in Market CapitalizationPT Pertamina Patra Niaga Integrated Terminal Pontianak — BronzeBHG Retail REIT — SilverPT Mustika Indah Permai — SilverPertamina EP Cepu Region 4 – Sukowati Field — GoldAmazon Development Centre (India) Private Limited — GoldEvermos — PlatinumUSD 500 Million to USD 1 Billion in Market CapitalizationPertamina EP Tanjung Field — PlatinumUSD 1 Billion and Above in Market CapitalizationPT Pertamina Patra Niaga Aviation Fuel Terminal Supadio — SilverPT Pertamina EP Zona 7 — GoldPT Pertamina EP Jambi Field — PlatinumBest Workplace Practices AwardMicron Technology Malaysia — USD 1 Billion and Above in Market Capitalization — PlatinumProduct Excellence AwardsUp to USD 500 Million in Market CapitalizationPT PLN Indonesia Power UBP Suralaya — SilverPertamina EP Cepu Region 4 – Cepu Field — GoldCoMem Natural Cosmeceutics Joint Stock Company — PlatinumUSD 1 Billion and Above in Market CapitalizationPT Pertamina Patra Niaga Aviation Fuel Terminal Supadio — GoldPT Pertamina EP Zona 7 — PlatinumCSR & ESG Leadership AwardsUp to USD 500 Million in Market CapitalizationPertamina EP Cepu Region 4 – JOB Tomori — BronzeCoMem Natural Cosmeceutics Joint Stock Company — SilverPTTEP Sarawak Oil Limited — GoldPT PLN Indonesia Power UBP Suralaya — GoldViettel IDC — GoldNikita Asthana, Olam Global Agri Pte Ltd — PlatinumUSD 500 Million to USD 1 Billion in Market CapitalizationPT Hengjaya Mineralindo — GoldCP Axtra Public Company Limited — PlatinumUSD 1 Billion and Above in Market CapitalizationPertamina Geothermal Energy Area Kamojang — BronzeKasikornbank PCL — SilverHirdaramani Vietnam – Fashion Garments Limited — SilverPT Pertamina EP Zona 7 — SilverBank of Ayudhya Public Company Limited — GoldPT Chandra Asri Pacific Tbk — GoldMicron Technology Malaysia — GoldTata Consultancy Services Limited — GoldChevron Thailand Exploration and Production, Ltd. — PlatinumBest Country Excellence AwardsPTTEP Energy Development Company Limited the subsidiary of PTT Exploration and Production Public Company Limited — Thailand — PlatinumIndonesia Morowali Industrial Park (IMIP) — Indonesia — GoldPT Lami Packaging Indonesia — Indonesia — PlatinumCoMem Natural Cosmeceutics Joint Stock Company — Vietnam — PlatinumMicron Technology Malaysia — Malaysia — PlatinumNagaWorld Limited — Cambodia — PlatinumFor media inquiries, please contact:Eric Khoo (Mr.)Head of Global Events and PartnershipsSustainable Technology CentreEmail: eric.khoo@pinnaclegroup.globalTel: +65 8383 2480 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Taozhu New Creation Bureau Expands into Beijing’s Core Commercial Districts, Accelerating Shoucheng Holdings’ (697.HK) Robotics Ecosystem into Mainstream Consumer Scenarios ACN Newswire

Taozhu New Creation Bureau Expands into Beijing’s Core Commercial Districts, Accelerating Shoucheng Holdings’ (697.HK) Robotics Ecosystem into Mainstream Consumer Scenarios

HONG KONG, May 4, 2026 - (ACN Newswire via SeaPRwire.com) - Commercial competition in the robotics industry is shifting from technology showcases to real-world consumer applications. Taozhu New Creation Bureau, a robotics technology experience brand under Shoucheng Holdings (697.HK), has recently accelerated its rollout in Beijing’s core commercial districts. Following the official opening of its Beijing apm store on April 30, the brand’s Chaoyang Hopson One outlet also debuted on May 1, further strengthening the company’s offline robotics experience network.At the Beijing apm store, Taozhu New Creation Bureau continues to embody its brand philosophy of “reimagining tradition through innovation,” creating an immersive smart living space that integrates product showcases, hands-on experiences, interactive engagement, product sales, and maintenance services. Consumers can interact up close with humanoid robots, companion robots, smart wearable devices, and other products, experiencing how robotics technology is moving from being merely “watchable” to genuinely “usable” across scenarios such as household service assistance, entertainment interaction, and smart living trials.The Chaoyang Hopson One store further enhances Taozhu New Creation Bureau’s commercial appeal within high-traffic retail districts. Centered on the theme of “empowering commerce through technology and driving consumption through innovation,” the store will introduce products from ecosystem partners including Unitree Robotics, Booster Robotics, Vbot, and others. Its product offerings cover quadruped robotic dogs, educational programming robots, smart wearables, smart home devices, and other intelligent equipment. Through robot performances, technology and innovation interactions, science education courses, themed events, and holiday-limited activities, the store aims to attract young consumers, parent-child families, and technology enthusiasts, while converting experiential engagement into consumption. It is positioned as a benchmark project for robotics technology consumption experiences and is expected to support the upgrade of traditional commercial districts into integrated “technology + commerce” scenarios.From the perspective of its Beijing footprint, Taozhu New Creation Bureau has now covered locations including Shougang Park, Beijing Capital International Airport, Beijing apm, and Chaoyang Hopson One, forming a multi-dimensional robotics consumption network that connects industrial landmarks, transportation hubs, and core commercial districts. Shougang Park serves as a venue for industrial showcase and technology experience, the airport store reaches high-mobility traveler groups, while Beijing apm and Hopson One tap into core urban retail consumption scenarios. Together, these locations form the front-end platform for showcasing, experiencing, and selling Shoucheng Holdings’ robotics products.Meanwhile, Taozhu New Creation Bureau is also promoting nationwide replicability. The brand previously made its debut in Chengdu’s Chunxi Road commercial district, leveraging a key consumption landmark in Southwest China to test a consumer pathway combining immersive interaction, on-site experience, and instant purchase. As the brand expands into more core commercial districts in major cities, Taozhu New Creation Bureau is expected to replicate its Beijing model across the national market.For Shoucheng Holdings, Taozhu New Creation Bureau will further complete its robotics commercialization value chain. The company invests in high-quality robotics enterprises at the front end, introduces products into diversified scenarios such as industrial parks, airports, and commercial districts at the midstream level, and completes a closed loop of experience, sales, maintenance, and services through offline stores at the back end. As the robotics industry enters a phase of accelerated application deployment, Taozhu New Creation Bureau is becoming Shoucheng Holdings’ robotics consumption gateway closest to users, orders, and cash flow. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Taozhu New Creation Bureau Launches Dual-Store Rollout, Accelerating Shoucheng Holdings’ (697.HK) Robotics Ecosystem Toward the Consumer Market ACN Newswire

Taozhu New Creation Bureau Launches Dual-Store Rollout, Accelerating Shoucheng Holdings’ (697.HK) Robotics Ecosystem Toward the Consumer Market

HONG KONG, May 4, 2026 - (ACN Newswire via SeaPRwire.com) - Taozhu New Creation Bureau, the robotics technology experience brand under Shoucheng Holdings (697.HK), is accelerating its entry into core consumer scenarios. On April 30, Taozhu New Creation Bureau’s Beijing apm store officially commenced operations; on May 1, its Beijing Chaoyang Hopson One store subsequently made its debut. The coordinated launch of two stores in prime commercial districts not only expands the brand’s offline consumer touchpoints, but also marks the further extension of Shoucheng Holdings’ robotics industry strategy from the investment and industrial ends to the mass consumer market.Built around the brand philosophy of “reimagining tradition through innovation,” Taozhu New Creation Bureau targets robotics technology experiences and future lifestyle consumption scenarios. It has created a multifunctional smart living space that integrates robotics displays, immersive experiences, interactive engagement, product sales, after-sales maintenance services, and industrial ecosystem exchange. At the Beijing apm store, demonstrations such as robotic dog walking displays, companion robot Q&A sessions, and smart wearable trials transform cutting-edge technology from static showcases into real consumer experiences, encouraging consumers to move from “watching technology” to “trying technology” and ultimately “buying technology.”Following the Beijing apm store’s role in opening up consumer touchpoints through immersive interaction, the launch of the Beijing Chaoyang Hopson One store further introduces this experience model into high-frequency commercial scenarios, amplifying its value in commercial conversion and scenario validation. Located in the core CBD area, Hopson One benefits from high foot traffic, a young consumer demographic, and strong family consumption frequency. This collaboration is not merely a single-store opening, but a cross-sector upgrade between a commercial district operator and a robotics industry platform. Through robot performances, technology and innovation interaction experiences, holiday-limited promotions, science education courses, and themed events, the two parties aim to create a new traffic engine for “commercial district + technology.” For the commercial district, Taozhu New Creation Bureau can help generate buzz, aggregate foot traffic, and extend customer dwell time. For robotics companies, it provides channels for real user feedback, market validation, sales conversion, and after-sales reach, supporting the transition of cutting-edge robotics products from exhibitions and laboratories into high-frequency consumer scenarios.From the perspective of Shoucheng Holdings’ overall robotics footprint, the significance of Taozhu New Creation Bureau lies in completing the commercialization loop. In recent years, Shoucheng Holdings has continued to deepen its presence across embodied intelligence, humanoid robots, medical robots, service robots, and other fields. Its investment portfolio now includes a number of companies such as Unitree Robotics, Galbot, Narwal Robotics, Xinghaitu, Songyan Dynamics, Weici Technology, and R-robot. The robotics industry is currently at a critical stage of moving from technological breakthroughs toward scaled applications. Companies generally require support from real-world scenarios, sales channels, user data, and after-sales systems. Taozhu New Creation Bureau is therefore assuming the dual role of both an “industrial outlet” and a “consumer gateway.”More notably, leveraging its accumulated capabilities in infrastructure asset operations, industrial space management, fund investment, and the REITs ecosystem, Shoucheng Holdings is building an “investment + application + consumption” industrial model. At the front end, the company secures high-quality robotics enterprises through fund investments; at the midstream level, it promotes technology deployment through industrial spaces and application scenarios; and at the back end, it reaches users and forms a closed loop of transactions and services through consumer channels such as Taozhu New Creation Bureau.For the capital market, the expansion of Taozhu New Creation Bureau offers a new window through which to assess the execution quality of Shoucheng Holdings’ robotics strategy. The long-term value of the robotics industry depends not only on technological advancement, but also on whether products can enter real-life scenarios, generate stable orders, and support sustained repeat purchases. As diversified scenarios such as Shougang Park, Beijing Capital International Airport, Beijing apm, and Hopson One are gradually rolled out, Shoucheng Holdings is advancing its robotics ecosystem from “investing early and investing accurately” toward “selling effectively, being practically usable, and delivering ongoing services.” Market participants noted that Taozhu New Creation Bureau is expected to become one of the closest links to cash flow, users, and scenarios within Shoucheng Holdings’ robotics industry layout. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Professional Investment Advisory Services’ Management Successfully Completes Change in Ownership ACN Newswire

Professional Investment Advisory Services’ Management Successfully Completes Change in Ownership

SINGAPORE, May 4, 2026 - (ACN Newswire via SeaPRwire.com) - Professional Investment Advisory Services Pte Ltd (“PIAS”) today announced that its management has completed the acquisition of PIAS from Singapore Life Limited (“Singlife”), through the purchase of all its shares in Professional Advisory Holdings Limited (“PAH”), PIAS’s holding company.The change in ownership, approved by the Monetary Authority of Singapore (“MAS”), took effect on 1 May 2026 and was mutually agreed between PIAS management and Singlife. Singlife continues to be a key product provider and partner to PIAS.Singlife will continue to support PIAS in its mission to grow and offer more choice to consumers. PIAS' management team will assume full ownership of the business and shape its next phase of growth.PIAS representatives will continue to serve clients as usual, with no impact on existing servicing arrangements. Day-to-day operations continue as normal.Following the change in ownership, PIAS will continue to expand its suite of providers and partners across savings, protection and investment solutions. With increasing longevity, a broader range of financial solutions will better position PIAS to support clients along their financial planning journey.About Professional Investment Advisory Services Pte Ltd (PIAS)Professional Investment Advisory Services Pte Ltd (“PIAS”) is a financial advisory firm in Singapore, established in 2001 and licensed by the Monetary Authority of Singapore.As a pioneering financial advisory firm in Singapore, PIAS has close to 25 years of operating experience, having navigated multiple market cycles. It has served over 200,000 families, supporting their financial planning needs across different life stages.PIAS has a network of financial adviser representatives providing advice across savings, insurance and investment planning.For more information, visit www.pias.sg. Media contact:Kamal Samuel Managing Director, Financial PR kamal@financialpr.com.sgRishika Tiwari Senior Consultant, Financial PR rishika@financialpr.com.sg Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Sensiba Names Monic Ramirez as Managing Partner Amid Firm-Wide Transformation ACN Newswire

Sensiba Names Monic Ramirez as Managing Partner Amid Firm-Wide Transformation

SAN JOSE, CA, May 2, 2026 - (ACN Newswire via SeaPRwire.com) - Sensiba, a leading accounting, tax, and consulting firm, today announced the appointment of Monic Ramirez as Managing Partner, beginning today, the start of their fiscal year. Ramirez succeeds John Sensiba, who served 18 years in the position. The announcement is part of a broader series of leadership and strategic milestones that position Sensiba for its next chapter of growth."Monic's ascent from college graduate to Managing Partner exemplifies what Sensiba stands for - talent, tenacity, and a genuine commitment to our clients and our people. She is the right leader to carry our firm into the future."- John Sensiba, Partner, SensibaRamirez joined Sensiba as a staff associate and rose steadily through the ranks - from Senior Manager to Partner to Tax Partner-in-Charge - building a reputation for technical excellence, client advocacy, and a forward-thinking approach to advisory services. Her promotion to Managing Partner reflects both her individual accomplishments and the firm's commitment to developing and elevating exceptional talent from within."I am honored to be stepping into the role of Managing Partner at Sensiba. We have always been grounded in relationships - how we show up for our clients, our people, and our communities. As we look ahead, I am committed to building on that foundation while continuing to grow and evolve together."- Monic Ramirez, Managing Partner, SensibaRamirez's appointment is accompanied by significant organizational momentum. The firm continues to strengthen leadership diversity, with 13 of 30 equity partners identifying as female (43%) and 6 of 30 (20%) identifying as individuals of color.Last year, the firm acquired AssuranceLab, an Australia-based compliance automation firm specializing in SOC 2 and ISO 27001, thereby expanding Sensiba's reach across North America, Europe, and the Asia-Pacific region. In that acquisition, Sensiba appointed Nick Lew Ton as Chief Growth Officer, James Andrew Smith as Chief Product Officer, and Patrick Hegarty as Sr. Director of International Services and Growth to its executive team. These roles are dedicated to driving market expansion and building proprietary AI-powered products that reduce manual tasks and increase client efficiency. As part of its continued growth, Sensiba has also transitioned its headquarters from San Ramon to San Jose, reflecting the firm's expanding presence in Silicon Valley.Sensiba also welcomes four new partners: Anna Baker, Carson Chen, William Confer, and Chris Roe. Evan Stephens has been promoted to Tax Partner-in-Charge, succeeding Ramirez in the role and ensuring continuity of leadership across the firm's tax practice. John Sensiba will remain actively involved with the firm, mentoring new partners and supporting strategic initiatives.About SensibaSensiba is a top 75 global accounting and consulting firm with a 50-year legacy of delivering deep industry expertise across venture capital, technology, manufacturing, real estate, and sustainability sectors. The Silicon Valley firm has driven growth for more than 10,000 companies by focusing on continuous assurance. Sensiba is an independent member of Morrison Global and AICPA. For more information, visit www.sensiba.com.Contact: press@sensiba.com | +1 (925) 271-8700SOURCE: Sensiba LLP Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Indonesia’s ITS Develops Scalable, High-Efficiency Palm-Based Biogasoline Production Technology ACN Newswire

Indonesia’s ITS Develops Scalable, High-Efficiency Palm-Based Biogasoline Production Technology

SURABAYA, INDONESIA, May 2, 2026 - (ACN Newswire via SeaPRwire.com) - Institut Teknologi Sepuluh Nopember (ITS) has developed an innovative technology known as Benwit (Palm Gasoline), enabling the conversion of crude palm oil (CPO) into high-quality biogasoline, and presenting a promising alternative for reducing Indonesia’s substantial dependence on imported petroleum and foreign extraction technologies.Geopolitical tensions have continued to disrupt the global oil market and threaten energy supply security across Southeast Asia, thus emerging economies such as Indonesia are placing greater emphasis on energy sovereignty to safeguard national interests against the volatility of fossil fuel supply chains. Dr Eng Hosta Ardhyananta ST MSc explained the process and results of producing Palm Oil Gasoline using the "Benwit" method he discovered.The research, funded by the Indonesian Oil Palm Plantation Fund Management Agency (BPDPKS), applies an advanced catalytic cracking method developed by ITS expert Dr. Eng. Hosta Ardhyananta, S.T., M.Sc., and his team. This method is designed to decompose large triglyceride molecules in crude palm oil (CPO) into lighter hydrocarbon fractions that are suitable for use in combustion engines.Hosta's team successfully optimized the reaction by introducing a bimetallic catalytic composed of Nickel Oxide (Nio) and Copper Oxide (CuO). This catalytic synergy enabled a substantial reduction in operating temperature, from 380°C to 320°C, while simultaneously increasing the biogasoline yield from 60% to an impressive 83%.The resulting fuel consists of short-chain hydrocarbons (C5–C11), closely resembling the chemical composition of commercial gasoline. In addition to the primary fuel product, the process reflects a zero-emission approach, in which gaseous byproducts are recycled as a heat source for the reactors, while liquid residues are repurposed as fuel for industrial or household stoves.Hosta noted that the innovation has been applied with agricultural machinery, but testing has been underway since April with conventional internal combustion engines through a blending method with fossil fuels and will continue to enable Benwit as a primary fuel for conventional vehicles, in line with the Indonesian government's plan to implement B50 biodiesel in July.This innovation aligns with several of the United Nations Sustainable Development Goals (SDGs), particularly Goal 7 on affordable and clean energy, and Goal 12 on responsible consumption and production. A comprehensive Life Cycle Assessment (LCA) conducted by the research team indicates that the production process generates a minimal carbon footprint in comparison with conventional fossil fuels.The development of Benwit has also received full support from the Indonesian Minister of Agriculture, Amran Sulaiman. In the near future, collaboration with PT Perkebunan Nusantara (PTPN) PalmCo IV is expected to commence following the signing of a Memorandum of Understanding (MoU) with ITS.Prof. Dr. (HC) Ir. Bambang Pramujati, S.T., M.Sc.Eng., Ph.D., and Rector of ITS, underscored the timeliness of Benwit, noting that the current global situation offers a strategic opportunity for the government to accelerate the transition toward alternative energy sources, while the use of domestic palm oil reserves could help mitigate the effects of external fuel crises.Benwit bio-based fuel products, for agriculturl machinery and for convetional vehicles, represent a potentially significant policy instrument for advancing the transition to renewable energy, while working to reinforce national energy security.About ITSEstablished in 1960, Institut Teknologi Sepuluh Nopember (ITS) is one of Indonesia’s leading universities, with a strong emphasis on science, engineering, and innovation. Based in Surabaya, ITS is committed to advancing global sustainable development through cutting-edge research, technological innovation, and collaboration with industry. Visit www.its.ac.id/newsMedia Contact:ITS Public Relations (HUMAS)Email: humas@its.ac.idInstagram: its_campusFacebook: Institut Teknologi Sepuluh NopemberTwitter, Line: @its_campusYoutube: Institut Teknologi Sepuluh Nopember Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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LemonBottle Concludes FACE & BODY 2026, Secures Latin America Foothold ACN Newswire

LemonBottle Concludes FACE & BODY 2026, Secures Latin America Foothold

SEOUL, S.KOREA, May 1, 2026 - (ACN Newswire via SeaPRwire.com) - Global aesthetic brand LemonBottle has strengthened its presence in Latin America after showcasing its products at FACE & BODY 2026 in Mexico.Featuring core products including 'REBOOT,' focused on fundamental skin recovery and balance.Local Mexican physicians share hands-on treatment insights and expertise, engaging in live Q&A sessionsDiscussions on official distribution agreements with local partners, with several contracts successfully signedFACE & BODY 2026 is a leading international event that brings together professionals from the global aesthetic and medical beauty industries, serving as a platform to share the latest trends, technologies, and products. It is particularly regarded as a key gateway for entering the Latin American market.At the event, LemonBottle presented its core product range, including REBOOT, a treatment focused on skin recovery and balance, alongside its Ampoule Solution for body contouring and Skin Booster, aimed at enhancing skin condition and delivering immediate visible results.Mexican physicians with hands-on experience using the products took part in live discussions at the booth, sharing treatment insights and answering questions from practitioners. Topics ranged from application techniques to expected results, reflecting growing interest in clinically driven aesthetic solutions. In particular, there was strong interest in the combined skincare program using Ampoule Solution and Skin Booster, as well as continued inquiries about the new product, REBOOT.In addition, LemonBottle held multiple meetings with local partners during the event, securing several distribution agreements as part of its continued expansion strategy. The company successfully finalized several contracts, laying a solid foundation for practical market entry.Operated by Korea-based aesthetic company SID MEDICOS, LemonBottle has sold more than 4 millions vials globally and built a network of over 450 official partners. Backed by zero reported cases of adverse effects, LemonBottle is strengthening its position in the aesthetic industry. The brand has particularly gained recognition in key markets including the UK, as well as across Europe and Asia.Building on the success of this event, LemonBottle plans to accelerate its expansion into the Latin American market. The company aims to rapidly strengthen its market presence through expanded local partnerships and distribution networks, while continuing to introduce next-generation product lines aligned with global trends.A company representative said the response in Mexico confirmed the region's strong potential, adding that LemonBottle will continue to expand its local partnerships and distribution network in Latin America. As the global aesthetic market evolves, the brand is focusing on treatments that go beyond short-term results, with increasing emphasis on skin recovery, conditioning and long-term outcomes.For more information about LemonBottle and its products, please visit the official website and or call them at +82 02-571-1110Social LinksWhatsapp: https://api.whatsapp.com/send?phone=821095298006Media contactBrand: SID MEDICOS (Brand: LemonBottle)Contact: Media teamWebsite: https://www.lemonbottle.net Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Global Experts call for Paradigm Shift in Medicine, Health and Education to Save Lives and Fight Escalating Health Crisis ACN Newswire

Global Experts call for Paradigm Shift in Medicine, Health and Education to Save Lives and Fight Escalating Health Crisis

INNSBRUCK, AUSTRIA, May 1, 2026 - (ACN Newswire via SeaPRwire.com) - A global consortium of 64 experts (72 entities, 5 continents) unveiled two coordinated consensus plus policy brief reports, outlining a science‑driven roadmap to confront escalating health crises and to tackle the growing burden of noncommunicable diseases (NCDs-including cardiovascular diseases, cancer, diabetes, etc.: 75% of global deaths; 82% in low-/middle income countries; 90% of all death in European region).The centerpiece is HEAL-Healthy Eating & Active Living, ideally whole‑food plant‑predominant/vegetarian-vegan diets & daily exercise outdoors/active mobility-as the minimum, first‑line standard in health and care. The authors urge immediate action on Prevention-over-Treatment and reforming education and human‑relevant science (drug failure rate from animal studies is 90-95%, and as high as 99.6% for Alzheimer disease), with a rapid shift from disease‑centered reaction to person‑centered, lifestyle‑first cure and care.Figure 1. HEAL means choosing a whole-food, plant-predominant (ideally vegan) diets coupled with daily exercise outdoors/in nature to kick-start better health. Credit: iStock/LightFieldStudios."Sustainable health is for free but cannot be downloaded or prescribed-it must be lived daily and earned across lifetime through informed lifestyle choices, with HEAL as starting point. As childhood-entrenched health literacy lasts a lifetime; embedding HEAL from primary to tertiary education is the policy priority of our generation." -Lead author Katharina Wirnitzer | PHT, University of Innsbruck & CCCTIMFigure 2. Katharina Wirnitzer/Keynote on Vegan Diet in Sports. Credit: ©Katharina Wirnitzer.Why change is imperativeThe paradox: Despite rising health spending and scientific advances, public health gains lag while ever-growing NCDs. The expert panel offers 101 consensus statements and a 10‑step policy roadmap to act across the lifespan-from individual behavior to population‑level change.Why HEAL, and why now: HEAL combines Healthy Eating (whole‑food, plant‑predominant; preferably vegetarian/vegan) with Active Living (regular, ideally daily, including outdoor activity and active mobility). Evidence shows synergistic benefits beyond either alone, reducing reliance on drugs and surgery while improving resilience and sustainability of health systems.Prevention-First (3:1): The reports recommend prioritizing prevention, health maintenance, and health promotion over treatment by 3:1 (Figure 3), making healthy choices the easy, first‑line intervention and reserving medicalized treatment for specific indications.Education and workforce: Embed HEAL from primary through tertiary education and continuously upskill healthcare and education professionals to deliver evidence‑based lifestyle counseling, routine assessment, and monitoring. Improve meal standards and support active mobility in schools and public spaces.Human‑relevant science: Accelerate the transition to non‑animal, human‑relevant methods for basic and preclinical research and for efficacy, safety and toxicity testing through funding priorities, validation, and regulatory adoption.Policy roadmap: Apply Health in All Policies (HiAP) to link individual choices with systemic supports (Figure 4); invest in supportive defaults (healthy public catering, active transport, public‑space design, community HEAL programs); embed HEAL in curricula; and track outcomes with robust evaluation to scale what works."Every dollar/euro invested in evidence-based prevention saves multiples in treatment. HEAL is the smartest first investment a health system can make." -Bernd Haditsch | ÖGK - Austrian Health Insurance Fund, Prevention Unit"Obesity is a disease with powerful drivers. HEAL gives every patient a proven, first-line foundation to reclaim their health." -Fatima Cody Stanford | Harvard Medical School & MGH"A doctor who cannot counsel patients on the Power of Lifestyle, especially on food and movement, is only half-equipped. Lifestyle education in medical school is the missing foundation of modern medicine. Helping our patients to eat a more plant-strong diet is the most powerful healing medicine we can prescribe." -Michael Klaper | Moving Medicine Forward"Plant-forward diets provide a powerful opportunity to concurrently improve health and wellbeing for people, farmed animals and the environment." -Andrew Knight | Griffith UniversityFigure 3. Four areas-of-action, balanced 3:1, to achieve lifelong health. Credit: ©Katharina Wirnitzer."Given its cost-effectiveness, Traditional, Integrative, and Complementary Medicine will be the evidence-based mainstream of tomorrow's global healthcare." -Tomáš Pfeiffer | ITCIM & SANATOR"Treatment alone will not sustain health systems. HEAL connects prevention, lifestyle medicine and integrative care to advance salutogenesis on a planetary scale. We must invest far more in creating health." -Georg Seifert | WHO CC & CCCTIM, Charité Universitäts mediz in Berlin"The science clearly shows that, when it comes to human health, animal protection is a win-win. Given human health's complexity, and since animal testing virtually fails to cure human diseases, human-relevant methods already outperform animal experimentation and must therefore be implemented with priority in science, with funds going to human-focused research. Citizens in the EU and US have spoken clearly in favor of this transition. HEAL can prevent many diseases, avoiding the need for animal studies altogether." -Merel Ritskes-Hoitinga | Universities Aarhus & Utrecht; Doris Wilflingseder | Vetmed Uni Vienna, Aysha Akhtar | Center for Contemporary Sciences, Corina Gericke & Gaby Neumann | Doctors Against Animal ExperimentsFigure 4. Systemic application of HEAL to reach target groups and improve personal and public health across micro (individuals/families), meso (communities), and macro (state/government/federal policy) levels, ensuring optimal vertical and horizontal permeability and integration. Credit: ©Katharina Wirnitzer.Key Actions at a Glance.Make HEAL the universal starting point and minimum, first‑line prevention standard.Implement lifestyle‑first counseling before routine prescriptions.Prioritize Prevention-over-Treatment with an 3:1 balance.Mandate lifestyle education in schools; embed HEAL across tertiary programs.Continuously upskill professionals for evidence‑based lifestyle counseling and monitoring.Accelerate adoption of human‑relevant methods to end animal experiments in research, education and regulatory testing.Figure 5. The Power of Lifestyle: Start with the dual HEAL approach across 6 interconnected areas to improve health and well-being. Credit: ©ACLM. Graphic modification: ©Katharina Wirnitzer (permission: 24.11.2021).Contact for further information:Katharina C. Wirnitzer - Professor for Sports Public Health with a special focus on Child Public HealthEmail: katharina@wirnitzer.atCell: +43 (650) 5901794University College of Teacher Education Tyrol (PHT), Innsbruck, AustriaSOURCE: Institut für SekundarpädagogikRelated Documents:global-pr-engmedia-prfinal28april2026global-pr-engmedia-prfinal28april2026 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Formerra Appoints Matt Borowiec as Chief Commercial Officer ACN Newswire

Formerra Appoints Matt Borowiec as Chief Commercial Officer

CLEVELAND, Ohio, May 1, 2026 - (ACN Newswire via SeaPRwire.com) - Formerra, a leading distributor of performance materials, today announced the appointment of Matt Borowiec as Chief Commercial Officer (CCO). Borowiec will lead the company's commercial organization to support continued growth and global expansion while strengthening sales execution and customer success.Borowiec is a seasoned executive with over 25 years' experience in operations, commercial and P&L roles across resin manufacturing, specialty compounding, and distribution, including leadership roles at GE Plastics, PolyOne (now Avient), Transcendia, Celanese, and Kinsley Group. With this background, he is well positioned to lead Formerra's commercial strategy at this important time in the company's evolution."Matt brings a unique combination of producer‑side and distribution experience that positions him well to strengthen alignment between our suppliers, customers, and commercial teams," said Tom Kelly, Chief Executive Officer at Formerra. "His customer‑centric mindset, informed perspective, and hands‑on leadership style will help accelerate our commercial performance and support Formerra's continued progress."In his role as CCO, Borowiec will focus on enabling the commercial organization to perform at an elevated level by reinforcing sales effectiveness and consistency, while prioritizing customer needs and supplier collaboration.About FormerraFormerra is a preeminent distributor of engineered materials, connecting the world's leading polymer producers with thousands of OEMs and brand owners across healthcare, consumer, industrial, and mobility markets. Powered by technical and commercial expertise, it brings a distinctive combination of portfolio depth, supply chain strength, industry knowledge, service, leading e-commerce capabilities, and ingenuity. The experienced Formerra team helps customers across multiple industries to design, select, process, and develop products in new and better ways - driving improved performance, productivity, reliability, and sustainability. To learn more, visit www.formerra.com.Media ContactJackie MorrisMarketing Communications Manager, Formerrajackie.morris@formerra.com+1 630-972-3144SOURCE: Formerra Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Datavault AI and CyberCatch Announce Signing of Binding Letter of Intent for Datavault AI to Acquire CyberCatch to Accelerate AI-Driven, Quantum-Resistant Cyber Risk Mitigation Solutions ACN Newswire

Datavault AI and CyberCatch Announce Signing of Binding Letter of Intent for Datavault AI to Acquire CyberCatch to Accelerate AI-Driven, Quantum-Resistant Cyber Risk Mitigation Solutions

PHILADELPHIA, PA, May 1, 2026 - (ACN Newswire via SeaPRwire.com) - Datavault AI Inc. ("Datavault AI" or the "Company") (NASDAQ:DVLT), a provider of data monetization, credentialing, digital engagement, and real-world asset ("RWA") tokenization technologies, and CyberCatch Holdings, Inc. ("CyberCatch") (TSXV:CYBE) (OTCQB:CYBHF), a cybersecurity company offering a patented, AI-enabled platform for continuous compliance and cyber risk mitigation, today announced they have entered into a binding letter of intent (the "LOI") under which Datavault AI and CyberCatch will enter into a definitive agreement for Datavault AI to acquire 100% of CyberCatch in an all-stock transaction structured as a court-approved plan of arrangement under the Business Corporations Act (British Columbia).Under the LOI and subject to a definitive agreement, Datavault AI will acquire 100% of CyberCatch's issued and outstanding common shares (being approximately 26.8 million shares) in exchange for approximately 49.9 million newly issued shares of Datavault AI common stock (the "Datavault AI Shares") at CAD $5.11 per CyberCatch share, which implies an aggregate value to CyberCatch's issued and outstanding common shares of CAD $136,843,820. All issued and outstanding CyberCatch securities convertible into or exercisable for CyberCatch common shares will be exchanged for Datavault AI Shares on a cashless exercise basis at a deemed value of USD $2.00 per Datavault AI Share. Upon closing of the transaction, subject to customary board, stock exchange, and any necessary regulatory and shareholder approvals, it is anticipated that Datavault AI stockholders will hold approximately 92.48% and CyberCatch shareholders approximately 7.52% of the equity of Datavault AI, on a non-fully diluted basis. It is anticipated that CyberCatch will operate as a subsidiary of Datavault AI from San Diego, California, and CyberCatch founder, Chairman, and Chief Executive Officer Sai Huda will serve as President of the subsidiary, reporting to Nathaniel T. Bradley, CEO of Datavault AI.Strategic RationaleThe combination is positioned at the intersection of two of cybersecurity's largest secular markets. According to Gartner, worldwide end-user spending on information security is projected to reach $240 billion in 2026, and Gartner separately projects the AI-amplified security segment will reach $160 billion by 2029, up from $49 billion in 2025. According to IBM's 2025 Cost of a Data Breach Report, the average U.S. data breach now costs $10.22 million, with a global average of $4.44 million.Regulatory tailwinds are converging with that demand picture. Phase 1 of the U.S. Department of Defense's Cybersecurity Maturity Model Certification ("CMMC") program took effect on November 10, 2025, with mandatory third-party C3PAO assessments for Level 2 contracts beginning in November 2026 and full enforcement extending across approximately 220,000 Defense Industrial Base contractors and subcontractors. CyberCatch's platform is purpose-built to address that mandate in defense, HIPAA in healthcare, NIST 800-171 in manufacturing, NIST CSF 2.0 in financial services, among others.The combination is also positioned for the post-quantum security era. Google has set 2029 as its internal deadline to migrate authentication systems to quantum-resistant cryptography. Separately, Google Quantum AI research demonstrated that the elliptic curve cryptography protecting many digital signatures and authentication systems could be broken by a superconducting quantum computer with fewer than 500,000 physical qubits, an order of magnitude lower than previous estimates. CyberCatch is converting its patent-pending, multi-authority, attribute-based encryption with revocation ("MARS-MABE") technology to attain quantum-resistance, and combining MARS-MABE with continuous agentic AI penetration testing creates a next-generation cybersecurity stack applicable across healthcare, defense, manufacturing, financial services, and energy.About CyberCatch's Platform and LeadershipCyberCatch's patented, AI-enabled continuous cybersecurity compliance and risk mitigation solution:Uses generative AI to ensure all legally required controls are in place and calculates a Cyber Hygiene ScoreUses agentic AI to continuously simulate threat-actor tactics, techniques, and procedures to perform penetration tests and calculates a Cyber Breach ScoreDetects gaps for prompt remediation before a threat actor can exploit and be successfulThe platform tests cybersecurity controls continuously from three dimensions, outside-in, inside-out, and social engineering, mapping to NIST CSF 2.0, NIST 800-171, CMMC 2.0, ISO 27001, HIPAA, PCI DSS, and other regulated frameworks, replacing once-a-year manual penetration tests with continuous agentic AI penetration testing using specialized skill-set agents.MARS-MABE provides several distinct advantages over current RSA and AES-256 encryption, such as:Access to data is provided only if fine-grained user attributes are metAccess to users can be limited to fine-grained data subsetsInstant revocation of user access to data subsets, eliminating the need to re-encrypt the entire data set and providing speed and significant cost savingsCyberCatch is led by founder, Chairman, and Chief Executive Officer Sai Huda, a globally recognized cybersecurity expert, author of the bestselling Next Level Cybersecurity, co-author of Canada's National Cybersecurity Standard, and inventor of USPTO Patent No. 11,297,094, "Automated and Continuous Cybersecurity Assessment with Measurement and Scoring." He is the former founder and CEO of Compliance Coach, which was acquired by FIS, a FORTUNE 500 company, where he served as GM, Risk, Information Security, and Compliance Solutions.CyberCatch's board and advisory board include:Tom Ridge, former special assistant to U.S. President, first Secretary of the U.S. Department of Homeland Security and two-term Governor of PennsylvaniaDr. Marv Langston, former Director of Information Systems at U.S. DARPA and Cybersecurity Chief, U.S. NavyScott Tait, former U.S. Navy Commander and National Security Advisor at the Joint Chiefs at the U.S. PentagonCyberCatch's customers span the U.S. defense supply chain, healthcare, financial services, manufacturing, education, and public sectors, and the Company's capabilities were extended through the February 2026 acquisition of multi-authority attribute-based encryption technology, now branded MARS-MABE, and through 2026 reseller and referral partnerships such as with Speridian Technologies and other multiple reseller partners to U.S. government agencies.Added Strategic Benefit: Platform Integration and Cyber Defense Layer Across the Datavault AI StackFollowing closing, CyberCatch's AI-enabled Software-as-a-Service platform is also expected to operate as the cybersecurity and continuous-compliance layer across Datavault AI's existing technology suite, including:DataValue®, DataScore®, and Information Data Exchange® (IDE®) running natively on Available Infrastructure's SanQtum AI quantum-resistant, zero-trust edge platform across 1,000 urban micro-edge neocloud sites planned in 100+ U.S. cities by year-end 2026Acoustic Sciences division technologies (WiSA®, ADIO®, Sumerian®) and IDE® deployments serving sports, entertainment, biotech, education, fintech, real estate, healthcare, and energy customersFederal and regulated-industry customer workloads where continuous compliance attestation against NIST, CMMC, ISO 27001, SOC 2, HIPAA, and PCI DSS frameworks is increasingly a precondition for procurement, audit, and renewalThe proposed acquisition is intended to give Datavault AI customers and partners an integrated path from secure compute through AI-driven data analytics, with continuous attestation at every layer.Management Commentary"Cybersecurity is no longer a separate stack from data and AI - it is the precondition for both. CyberCatch's continuous compliance platform is expected to provide another strategic advantage by adding to DataValue®, DataScore®, and the IDE® a real-time risk and compliance signal at every node of our quantum-secured edge fleet, from federal contractors to enterprise data customers," said Nathaniel T. Bradley, CEO of Datavault AI."Datavault AI's quantum-ready edge platform is exactly the next-generation infrastructure our customers and the marketplace in critical sectors such as in defense, healthcare, and financial services need cybersecurity built into. Joining Datavault AI gives them a clear path to a unified secure-data platform with continuous compliance and cyber risk mitigation built in," said Sai Huda, founder, Chairman, and Chief Executive Officer of CyberCatch.Transaction OverviewUnder the binding LOI, holders of CyberCatch's common shares will receive newly issued common shares of Datavault AI as described above, with CyberCatch becoming a wholly-owned subsidiary of Datavault AI. The Datavault AI Shares to be issued are anticipated to be issued in reliance on the exemption from registration under the United States Securities Act of 1933, as amended (the "Securities Act"), provided by Section 3(a)(10), and applicable state securities law exemptions.The transaction is subject to negotiation and execution of a definitive agreement, completion of due diligence, board approvals of both companies, requisite CyberCatch shareholder approval, applicable court approval of the plan of arrangement (British Columbia), and approvals of The Nasdaq Stock Market and the TSX Venture Exchange, as well as other customary closing conditions. The parties have agreed to negotiate a definitive agreement during a 45-day mutual exclusivity period.About Datavault AIDatavault AI™ (NASDAQ:DVLT) is a pioneer in AI-driven data experiences, valuation, and monetization of assets in the Web 3.0 environment. The Company's cloud-based platform delivers comprehensive solutions across its Acoustic Sciences and Data Sciences divisions.Datavault AI's Acoustic Sciences division features WiSA®, ADIO®, and Sumerian® patented technologies for spatial and multichannel wireless, high-definition sound transmission. The Data Science Division harnesses Web3 and high-performance computing to enable experiential data perception, valuation, and secure monetization across industries, including sports & entertainment, biotech, education, fintech, real estate, healthcare, energy, and more.The Information Data Exchange® (IDE®) is a token exchange technology powered by Nasdaq Financial Infrastructure. The Company owns and operates exchanges powered by its patented technology, including but not limited to International Elements Exchange (IEE), Sports Illustrated Exchange (SIx), New York Interactive Advertising Exchange (NYIAX), and American Political Exchange (APE). The Company is headquartered in Philadelphia, PA. Learn more at https://www.dvlt.ai.About CyberCatchCyberCatch Holdings, Inc. (TSXV:CYBE) (OTCQB:CYBHF) provides a proprietary, AI-enabled Software-as-a-Service (SaaS) solution that provides continuous compliance and cyber risk mitigation to organizations in critical segments, so they can be safe from cyber threats. The CyberCatch platform focuses on solving the root cause of why cyberattacks are successful: security holes from control deficiencies. It first helps implement all mandated and necessary controls, then the platform automatically and continuously tests the controls from three dimensions (outside-in, inside-out and social engineering) to find control failures so one can fix them promptly to stay compliant and safe from attackers. Learn more at: https://www.cybercatch.com.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.No Offer or SolicitationThis press release is for informational purposes only and is not intended to and does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any offer, solicitation or sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act, or an exemption therefrom.Forward-Looking StatementsThis press release contains "forward-looking statements" (within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and other securities laws) about Datavault AI Inc. ("Datavault AI," the "Company," "us," "our," or "we") and CyberCatch and our industry that involve risks and uncertainties. In some cases, you can identify forward-looking statements because they contain words, such as "may," "might," "will," "shall," "should," "expects," "plans," "anticipates," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential," "goal," "objective," "seeks," "likely" or "continue" or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions. The absence of these words does not mean that a statement is not forward-looking. Such forward-looking statements, including, but not limited to, statements regarding future events; the proposed acquisition of CyberCatch Holdings, Inc. by Datavault AI and the structuring of that acquisition as an all-stock transaction by way of a court-approved plan of arrangement under the Business Corporations Act (British Columbia); the negotiation, execution, and consummation of a definitive agreement implementing the terms of the LOI; the receipt of all required board, shareholder, court, regulatory, and stock exchange approvals (including those of The Nasdaq Stock Market and the TSX Venture Exchange); the anticipated reliance on the exemption from registration under Section 3(a)(10) of the Securities Act, and applicable state securities law exemptions; the post-closing equity ownership split between Datavault AI and CyberCatch shareholders; CyberCatch's continued operation as a San Diego-based subsidiary; the integration of CyberCatch's AI-enabled continuous compliance platform across Datavault AI's DataValue®, DataScore®, Information Data Exchange® (IDE®), and Acoustic Sciences division technologies and across the Available Infrastructure SanQtum AI edge platform; the expected conversion of CyberCatch's MARS-MABE encryption technology to post-quantum cryptography; the anticipated commercial, technical, regulatory, and operational benefits of the proposed combination, including positioning against the CMMC, NIST, ISO 27001, SOC 2, HIPAA, and PCI DSS regulatory frameworks; and the expected operational, technical, and commercial outcomes of the Company's commercial strategy, and the projected direction and market impacts of regulatory changes with respect to digital assets and post-quantum cryptography, are necessarily based upon estimates and assumptions that, while considered reasonable by the Companies and its management, are inherently uncertain.Readers are cautioned not to place undue reliance on these and other forward-looking statements contained herein.Actual results may differ materially from those indicated by these forward-looking statements as a result of various risks and uncertainties including, but not limited to, the following: the risk that the parties do not negotiate or execute a definitive agreement on the terms contemplated by the LOI or at all; the risk that one or more conditions to closing are not obtained or are obtained on terms unacceptable to the parties; integration risk associated with the proposed acquisition of CyberCatch and its operations, customer base, and personnel; risks relating to the availability of the Section 3(a)(10) exemption from registration; the dilutive effect of the issuance of the Datavault AI Shares as transaction consideration; the Company's ability to execute on the integration of CyberCatch's continuous compliance platform across the Company's existing technology suite and SanQtum-secured edge fleet; risks relating to the conversion of MARS-MABE encryption to post-quantum cryptography and the broader transition timeline for post-quantum security; competitive conditions in the AI computing, enterprise data services, and cybersecurity markets; the Company's ability to attract and retain customers and strategic partners; financing availability; technological development and integration risks; changes in market demand for Datavault AI's services and products; changes in economic, market, or regulatory conditions; risks relating to evolving regulatory frameworks applicable to tokenized assets, digital assets, and cybersecurity compliance; and other risks and uncertainties as more fully described in Datavault AI's filings with the U.S. Securities and Exchange Commission, including the Risk Factors section of the Company's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, available at www.sec.gov, and CyberCatch's filings on SEDAR+ at www.sedarplus.ca, and could cause actual results to vary from expectations.The forward-looking statements made in this press release relate only to events as of the date on which the statements are made. Datavault AI and CyberCatch undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law.Datavault AI and CyberCatch may not actually achieve the plans, intentions, or expectations disclosed in its forward-looking statements, and you should not place undue reliance on such forward-looking statements. Datavault AI's and CyberCatch's forward-looking statements do not reflect the potential impact of any future acquisitions, mergers, dispositions, joint ventures, or investments it may make.Industry and Market DataWithin this press release, we reference information and statistics regarding the market for our products. We have obtained some of this information and statistics from various independent third-party sources, including independent industry publications, reports by market research firms and other independent sources. Some data and other information contained in this press release are also based on management's estimates and calculations, which are derived from our review and interpretation of internal surveys and independent sources. Data regarding the industries in which we compete and our market position and market share within these industries are inherently imprecise and are subject to significant business, economic and competitive uncertainties beyond our control, but we believe they generally indicate size, position and market share within this industry. While we believe such information is reliable, we have not independently verified any third-party information. While we believe our internal company research and estimates are reliable, such research and estimates have not been verified by any independent source. In addition, assumptions and estimates of our and our industries' future performance are necessarily subject to a high degree of uncertainty and risk due to a variety of factors. These and other factors could cause our future performance to differ materially from our assumptions and estimates. As a result, you should be aware that market, ranking and other similar industry data included in this press release, and estimates and beliefs based on that data, may not be reliable.Trademarks, Trade Names, Service Marks and CopyrightsWe own or have rights to use various trademarks, tradenames, service marks and copyrights, which are protected under applicable intellectual property laws. This press release also contains trademarks, tradenames, service marks and copyrights of other companies, which are, to our knowledge, the property of their respective owners. Solely for convenience, certain trademarks, tradenames, service marks and copyrights referred to in this press release may appear without the ©, ®, and ™ symbols, but such references are not intended to indicate, in any way, that we will not assert, to the fullest extent under applicable law, our rights or the rights of the applicable licensors to these trademarks, tradenames, service marks and copyrights. We do not intend our use or display of other parties' trademarks, tradenames, service marks or copyrights to imply, and such use or display should not be construed to imply a relationship with, or endorsement or sponsorship of us by, these other parties.Datavault AI ContactsMedia Contact:marketing@dvlt.aiInvestor Contact:Edward BargerVP, Investor Relationsebarger@dvlt.ai | ir@dvlt.aiCyberCatch ContactsInvestor Contact:Investor Relations, CyberCatch Holdings, Inc.Phone: 1-866-756-2923Email: info@cybercatch.comSOURCE: Datavault AI Inc Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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6 Factors to Consider Before Choosing a Credit Card That Matches Your Lifestyle ACN Newswire

6 Factors to Consider Before Choosing a Credit Card That Matches Your Lifestyle

SINGAPORE, May 1, 2026 - (ACN Newswire via SeaPRwire.com) - Choosing from the many Credit Cards available in Singapore can feel overwhelming, especially when each option highlights different rewards, fees, and benefits. A card that aligns with your lifestyle can help you manage expenses better while offering value through rewards, convenience, and flexibility. Whether your spending leans towards dining, travel, shopping, or daily essentials, understanding a few key factors can help narrow down choices that match how you live and spend.Here are some important factors that can help you evaluate Credit Cards based on real lifestyle needs rather than just promotional offers.1. Understand your monthly spending patternsBefore comparing Credit Cards, it can help to look closely at where your money usually goes each month. Some Singaporeans may opt to spend on dining and food delivery, while others may prioritise groceries, transport, or online shopping. Identifying these patterns can help you shortlist Credit Cards that reward the categories you use most often. This approach can make rewards feel more relevant, rather than spread across benefits you rarely use.2. Evaluate rewards structure and earning ratesCredit Cards offer rewards in different forms, such as cashback, reward points, or air miles, and each structure suits different spending habits. Cashback Cards may appeal to those who prefer straightforward savings, such as earning rebates on eligible categories, often capped at a monthly limit. Rewards or miles cards may suit frequent travellers or shoppers who enjoy redeeming points later.It's also worth checking the base earn rate, which is what you earn on regular spending, and the bonus earn rates offered for certain categories like dining, travel, or online shopping. Many cards also set bonus caps, meaning the higher rewards only apply up to a certain amount of spending each month. Understanding these details can help you see how much you can realistically earn based on your usual spending.3. Consider annual fees versus actual benefitsAnnual fees for Credit Cards in Singapore can range from around SGD 150 to over SGD 500. Some premium cards offer perks such as lounge access, dining privileges, or travel insurance. However, these additional benefits provide better value if you use them often enough to offset the higher fee. Many cards also provide fee waivers for the first year, which can help users test whether the card fits their lifestyle. Comparing the annual fee against how realistically you will use the perks can help determine whether the overall value feels balanced for your spending habits.4. Assess eligibility and income requirementsIn Singapore, most Credit Cards have minimum annual income requirements, usually starting from SGD 30,000 for citizens and permanent residents, and higher for foreigners. Premium cards may require annual incomes of SGD 120,000 or more. Understanding eligibility early can help avoid unnecessary applications and credit checks. Choosing a card aligned with your income range can also help ensure smoother approval and manageable credit limits that fit comfortably within your financial situation.5. Review interest rates and repayment flexibilityWhile Credit Cards can offer convenience and rewards, interest rates in Singapore often range between 25% and 28% per annum if balances are not paid in full. Some cards offer repayment features, such as instalment plans that split larger purchases into smaller monthly payments, or balance transfer options that can help consolidate existing credit card outstanding balances at a lower interest rate for a promotional period. Looking at repayment features, interest calculations, and payment flexibility can help support responsible usage, especially during months with higher expenses or unexpected costs.6. Check overseas usage and foreign currency feesFor those who travel or shop internationally, foreign currency transaction fees are an important consideration. Most Credit Cards in Singapore charge around 3.25% on overseas transactions. Some travel-focused cards may offer lower fees or even 0% FX fees on eligible transactions, while others may provide higher miles earn rates for foreign spend. Evaluating how often international spending occurs can help decide whether such features can add value or if a general-purpose card works just as well.Final thoughtsChoosing the right Credit Card is less about chasing the biggest offer and more about finding a match for your lifestyle and spending habits. By considering rewards, fees, perks, and usability through a practical lens, Credit Cards can become a supportive financial tool rather than a confusing product. Taking time to compare options thoughtfully can help ensure the card you select continues to add value as your lifestyle evolves.Disclaimer: This content is published by iQuanti Singapore Pte. Ltd., an external marketer engaged and compensated by UOB Ltd.Contact Information:Name: Sonakshi MurzeEmail: Sonakshi.murze@iquanti.comJob Title: ManagerSOURCE: iQuanti Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Representatives from More Than 40 Countries Discuss New Models of Global Growth in Moscow ACN Newswire

Representatives from More Than 40 Countries Discuss New Models of Global Growth in Moscow

MOSCOW, May 1, 2026 - (ACN Newswire via SeaPRwire.com) - The 2nd Open Dialogue "The Future of the World: A New Platform for Global Growth" took place in Russia, bringing together experts and young researchers from more than 40 countries who proposed ideas on the development of the economy, technology, education, and the environment. The key unifying principle of the event was a focus on people, international cooperation, and the search for new models of global growth through dialogue and the practical implementation of ideas. The large-scale three-day program at the Russia National Centre has concluded, combining expert discussions, presentations by authors of the best essays from around the world, and informal communication with experts.According to the official remarks, the Open Dialogue has achieved a global footprint that covers the entire planet."Experts, business leaders, and researchers from 120 countries took part in the essay and creative works competition, including representatives from Asia, Africa, the Middle East, Europe, Australia, North and South America. All authors and researchers, with diverse experiences and perspectives, were united by a strong and bold idea: to form a shared understanding of the future — the future of a world entering an era of profound structural change. It is evident that no country can develop in isolation, at the expense of other states or to their detriment. Furthermore, modern global challenges require a joint response and collective efforts. This means that the model of global development will be sustainable and fair only if it is based on the principles of equality and mutual respect, and takes into account the interests of all countries," the honorary guest of the event stated.According to the Russian leader, a multipolar architecture of global development is being formed before our eyes. Within it, an important role is played by states that understand and value national sovereignty.The results of the large-scale event were summarized by Russian economist Maxim Oreshkin: "Russia, in a number of areas, is an advanced country in terms of the development of digital platform solutions. Our approach is one of joint development. When Russian digital platforms enter other countries' markets, they bring data localization, local partner involvement, training for local personnel, and the development of their own competencies in platform solution development. Russia comes to develop together, not to collect colonial rent from countries that lack access to technological solutions. We are in favor of developing together."Maxim Oreshkin noted that the reach of the Open Dialogue will continue to grow each year. According to him, significant attention is being paid to the stage of implementing the ideas proposed in the essays. A mentorship format has been introduced — Russian businesses and international companies are beginning to work with essayists, involve them in their projects, and help bring their ideas to life.At the 2nd Open Dialogue, the best essay authors were identified in four areas: "Investing in People," "Investing in Connectivity," "Investing in Technology," and "Investing in the Environment."The winner in the "Investing in Technology" track was Aya Arfaoui, a student of Mohammed V University in Rabat, Morocco. She raised the issue of the digital sovereignty of developing countries. According to her, international institutions do not provide sufficient influence in regulating the digital space.Solomon Gardie, a postgraduate student at Addis Ababa University in Ethiopia, became the winner in the "Investing in Connectivity" track. His essay focused on connectivity and the mobility of sovereign data. He proposed a system in which data is processed and anonymized before cross-border transfer, and only in this form can it be used for the common good. He also noted that, within cooperation in the BRICS+ framework, one of the first areas could be healthcare, particularly epidemiological monitoring and disease control.In the "Investing in the Environment" track, the winner was Soumya Bhowmick, a research fellow at the Observer Research Foundation (India). In his presentation, he stated that for almost 100 years, the world has focused on measuring GDP, which does not reflect a country's real wealth.The winner of the "Investing in People" track was Lubinda Haabazoka from Zambia. In his speech, he noted that for real convergence among countries of the Global South, not only declarations of multipolarity are needed, but also practical changes in key systems of interaction — primarily in education, which directly affects opportunities for cooperation and knowledge exchange.The future should be built around the individual, their health, agency, and a long, meaningful life, rather than around technologies and outdated systems, believes Dr. Selina Neri, co-founder, CEO, and dean of Future Readiness Academy (UAE), and an expert of the 2nd Open Dialogue in the "Investing in People" track. According to her, this requires new approaches to education, work, and technology development that focus on human flourishing, sovereignty, and the practical implementation of ideas rather than copying ineffective models.More than 1,600 authors from all continents submitted their works to participate in the 2nd Open Dialogue. Seventy-five essay authors hold academic degrees. The conclusions drawn from the discussions will be reviewed at the St. Petersburg International Economic Forum and will be reflected in its business program. Essayists and experts will also be engaged in activities within the BRICS platform and involved in preparations for the Russia–Africa Summit.Social LinksTelegram: https://t.me/gowithRussiaMedia ContactsBrand: Russia National CentreContact: Media teamEmail: pressa@russia.ruWebsite: https://en.russia.ru Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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