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  • Safety and Shipping Review 2026: Vessel and cargo value in region shows importance of maritime chokepoints. Managing geopolitical disruptions is now a top priority for shipowners and cargo operators.
  • Geopolitical tensions challenge shipping’s ongoing long-term safety improvements. Incidents fell 16% to fewer than 3,000 globally in 2025, while fire remains a major loss driver with over 200 incidents, the second highest total in a decade.
  • More complex and volatile risk landscape enforces need for greater operational resilience versus cost efficiency.
SINGAPORE – Media OutReach Newswire – 24 June 2026 – Given that 90% of international trade is transported across oceans, maritime safety and stable shipping trading routes are critical. According to Allianz Commercial’s latest Safety and Shipping Review, incidents like the closure and reported mining of the Strait of Hormuz are the latest in a series of recent disruptions to have impacted shipping. They signal a transition toward a “new maritime order” defined by escalating security risks along strategic shipping corridors, the disruption of established trade routes, persistent uncertainty, higher risk premiums, and a greater strategic emphasis on resilience over pure cost efficiency.

In addition to geopolitical uncertainty, traditional risks for the shipping industry remain a major concern, although the numbers of total vessel losses and incidents have continued to decline in recent years. Machinery damage or failure and fires are among the main loss drivers in this regard, leading to significant economic and insured losses.

“Our analysis shows the shipping industry has made significant improvements in maritime safety in recent years. However, it has also undergone a fundamental transformation, from decades of relative stability, defined by steady trade flows and largely predictable operating conditions to becoming increasingly complex and volatile. The Middle East conflict and Strait of Hormuz closure is just the latest in a series of severe interruptions to hit shipowners and cargo operators. Resilience, geopolitics, and efficiency must be balanced in an increasingly unpredictable world, where the cost of uncertainty is reshaping the shipping industry,” explains Thomas Lillelund, CEO of Allianz Commercial.

Geopolitical uncertainty becomes top risk for shipping industry
The conflict in the Middle East paralyzed the Strait of Hormuz, a critical global oil trade route. Allianz Research data shows that around 1,150 cargo-carrying vessels (over 100GT*) with an estimated vessel and cargo value of approximately $125 billion, a volume of 29 million GT, and as many as 20,000 seafarers are in the Persian Gulf waiting to resume operations following recent diplomatic breakthroughs. This underscores the structural importance of maritime chokepoints and how critical they are for shipping and international trade, while also highlighting the severe disruptions to vessel operations and mental strain that has been placed on those seafarers who have endured months on board facing the threat of attack.

Marine insurance cover has been available throughout the conflict, albeit at increased hull and cargo premiums. However, the real issue for shipowners has been more about the risk to the crew and the vessel when transiting a conflict zone, rather than pure insurance considerations. Even if the US and Iran agreement holds and the Strait of Hormuz is reopened, solid assurances of safe passage will be required, involving the international community, particularly if traffic is to return to its pre-war levels, up to as many as 140 vessels a day.

“We are seeing growing uncertainty around shipping routes. Any type of event – a conflict, pandemic or a grounded vessel blocking a key port or shipping canal – can potentially cause a major disruption to shipping and supply chains. The events in the Middle East have been more impactful than many would have expected. The closure of the Strait of Hormuz sets a dangerous precedent and raises questions around the long-term future of this and other critical chokepoints. What is becoming clear is that we have to pay a price for uncertainty, shifting from ‘just-in-time’ to ‘just-in-case’ supply chains, and prioritizing resilience over cost efficiency,” says Captain Rahul Khanna, Global Head of Marine Risk Consulting at Allianz Commercial.

Total loss and incident numbers decline despite industry headwinds
The review’s latest analysis shows that there have been more than 900 total losses reported over the past decade (vessels over 100GT). Between 2016 and the end of 2020, there were 555, an average of 111 per year. This number declined to 350 between 2021 and the end of 2025, an average of 70 (37% down on the previous five-year period), reflecting the positive effect of an increased focus on safety measures over time – 43 total losses have been reported in 2025, with more than 30 of these vessels over 500GT. The South China, Indochina, Indonesia, and the Philippines region is the main loss hotspot globally over the past year, and the past decade (255). A huge volume of imports and exports flow through the region, resulting in high levels of shipping traffic, which is reflected in the number of incidents.

Around the world, the number of shipping incidents declined over the past year by around 16% (2,818 in 2025 compared to 3,353 in 2024). The East Mediterranean and Black Sea region saw the highest number (622), followed by the British Isles (619), which is also the location of the most incidents over the past decade. Machinery damage or failure was the major cause of shipping incidents globally, accounting for over half (1,505), followed by vessel collision (260). Fires on large vessels, including container ships and car carriers, remain a worry. There were more than 200 incidents on large vessels reported during 2025, down from 2024, but still the second highest total over the past decade, with at least nine total losses reported.

The increasing size of vessels is also driving a trend for a rise in general average claims, where the shipowner and cargo interests share losses or expenditure to save the whole venture in an emergency. Such claims are typically complex and large. Contributions to cover losses can be as high as 50% of the cargo value, which if a vessel is carrying a few thousand electric cars, for example, could easily be over US$100mn.

“Insurance markets react quickly to crises, but the real challenge for companies is understanding how risks are interconnected. That’s why resilience and risk management are becoming just as important as insurance coverage. The shipping industry is facing turbulent times, not only from geopolitical instability, but also from traditional hull and machinery risks, where we see claims costs continue to rise, as well as from decarbonization and fleet renewal challenges. Our role as an insurer is to support our clients as both a risk carrier and a resilience partner to mitigate risks before they become a damaging loss event,” says Justus Heinrich, Global Product Leader Marine Hull at Allianz Commercial.

Geopolitics and high demand drive trend for older vessels
The average age of the global fleet increased to 23 years in 2025, up from around 20 years old just before the Covid-19 pandemic, as shipowners retain vessels for longer due to the volatile geopolitical climate. Conflict in the Middle East has seen tankers and container ships stranded and rerouted around the Cape of Good Hope, for example, resulting in longer transit times and a squeeze on existing fleet capacity.

Older vessels pose significant safety risks at sea, with vessels over 20 years old accounting for over half of all safety incidents, analysis shows. As ships age, the likelihood of incidents increases due to structural, mechanical, and technological obsolescence, creating risks for crew, cargo, and the environment.

“Shipowners are under pressure to scrap older vessels and replace them with new, more efficient, safer and compliant ships. However, the recent pushback against net zero targets and full order books at the major Asian shipyards are other factors which could ensure the average age of vessels is likely to remain elevated in the near term,” says Captain Nitin Chopra, Senior Marine Risk Consultant, Allianz Commercial.

Hashtag: #Allianz

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

About Allianz Commercial

Allianz Commercial is the center of expertise and global line of Allianz Group for insuring mid-sized businesses, large enterprises and specialist risks. Among our customers are the world’s largest consumer brands, financial institutions and industry players, the global aviation and shipping industry as well as family-owned and medium enterprises which are the backbone of the economy. We also cover unique risks such as offshore wind parks, infrastructure projects or film productions. Powered by the employees, , and network of the world’s #1 insurance brand, we work together to help our customers prepare for what’s ahead: They trust us in providing a wide range of traditional and risk transfer solutions, outstanding and services as well as seamless handling. Allianz Commercial brings together the large corporate insurance business of Allianz Global Corporate & Specialty (AGCS) and the commercial insurance business of national Allianz Property & Casualty entities serving mid-sized companies. We are present in over 200 countries and territories either through our own teams or the Allianz Group network and partners. In 2025, the integrated business of Allianz Commercial generated around €17.3 billion in gross premium globally.

Arabian Post Staff -Dubai Passenger rail travel in the UAE will enter a new stage on 30 June 2026 when Etihad Rail begins an introductory operational phase between Abu Dhabi and Fujairah, reducing the journey to one hour and 45 minutes and opening the first public route on the country’s national passenger network. The service will start from Mohamed bin Zayed City Passenger Train Station in Abu […]

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Upscale AI has secured $190 million in fresh financing, lifting its valuation to $2 billion as investors intensify their hunt for companies solving the networking bottlenecks inside artificial intelligence data centres. The Santa Clara, California-based company said the Series A-1 extension brings its total funding to $500 million, less than a year after it emerged with a seed round of more than $100 million. The latest round […]

ALMATY, KAZAKHSTAN – Media OutReach Newswire – 23 June 2026 – Green SM has officially launched its all-electric ride-hailing service in Kazakhstan, marking the company’s first presence in Central Asia. The launch also represents Green SM’s expansion into its sixth international market, reinforcing its long-term global growth strategy.

Green SM officially launches all-electric ride-hailing service in Kazakhstan

The launch ceremony was held in Almaty with the attendance of Mr. Nguyen Thanh Le, Appointed Ambassador of Viet Nam to Kazakhstan; Mr. Berikbol Shatabayevich Mandibayev, Head of the Department of Entrepreneurship and Investment of Almaty; along with representatives of the Government of Kazakhstan, the Embassy of Vietnam in Kazakhstan, and strategic partners, businesses and organizations across the transportation, energy, technology, finance, infrastructure and service sectors.

In its initial phase, Green SM will operate in Almaty with a fleet of VinFast VF 6 Eco vehicles, an all-electric SUV designed to meet the needs of everyday urban travel. Combining quiet operation, a comfortable cabin, and modern safety features, the VinFast VF 6 Eco is expected to provide residents and visitors in Almaty with a more convenient, reliable, and enjoyable mobility experience.

Alongside its electric vehicle fleet, Green SM continues to invest in the development of its Green Drivers through comprehensive training programs covering operations, safety, and customer service. This forms part of the company’s ongoing efforts to maintain consistent service standards and deliver safe and dependable transportation experiences for users in Kazakhstan.

To celebrate the launch, Green SM is offering a promotion of 26%, up to KZT 2,626 for customers booking rides through the Green SM application. Users in Kazakhstan can now access Green SM services via the Green SM app, available on both the App Store and Google Play.

In parallel with the service launch, Green SM has established partnerships with five strategic partners across the transportation, tourism, technology, and service sectors through the Green Alliance Frontier initiative. The initiative serves as a platform connecting organizations that share a commitment to sustainable development and creating positive impacts for local communities across multiple markets.

Mr. Nguyen Quoc Tuan, Global Chief Executive Officer of GSM, said: “Kazakhstan is a market with strong potential, dynamic growth, and rising expectations for modern services. We come to Kazakhstan with respect for the market, a long-term commitment to investment, and a desire to work alongside local partners in developing high-quality mobility solutions that meet the everyday needs of the community. At Green SM, we believe sustainable growth must be built on trust and meaningful value for society. That is the foundation we hope to build together with our customers, partners, and the people of Kazakhstan in the years ahead.”

Kazakhstan is experiencing the rapid development of modern urban centers alongside rising expectations for quality of life and better services. Green SM’s presence in Kazakhstan reflects the company’s long-term vision of bringing all-electric mobility solutions closer to users in more regions around the world. Green SM enters Kazakhstan with the aspiration of contributing to better mobility experiences for local communities: quieter journeys along busy city streets, more comfortable travel in everyday life, and greater reliability through service standards that are consistently maintained across every trip.

Founded in Vietnam in 2023, Green SM currently operates a green mobility ecosystem across Vietnam, Laos, Indonesia, the Philippines, India, and Kazakhstan. With an all-electric fleet, a technology-driven platform, and consistently applied operational standards, Green SM is steadily expanding its green mobility ecosystem across international markets, with the goal of providing modern, safe, and sustainable transportation solutions for communities around the world.

Hashtag: #GreenSM

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

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SpaceX’s market value has fallen by more than $600 billion in three trading sessions, a reversal that has tested investor confidence in one of the year’s biggest public listings and drawn a sharp contrast with bitcoin’s steadier performance under the same market pressure. Shares of the Elon Musk-led space and technology group extended their decline after the company moved into the bond market for the first time […]

BANGKOK, THAILAND – Media OutReach Newswire – 23 June 2026 – Prime Minister Anutin Charnvirakul formally launched Thailand FastPass at Government House, mobilizing over USD 21 billion (approximately 700 billion baht) in strategic high-tech investment. The program integrates eight government agencies to cut regulatory approval timelines by up to 50 percent, accelerating approved investments from license to operating factory.

Thailand Launches FastPass Program

FastPass targets high-value sectors including advanced electronics, aerospace technology, precision machinery and automation systems, and recycled plastics.

By coordinating eight key government agencies—including Thailand’s Board of Investment (BOI), the Department of Industrial Works, the Customs Department, the Office of Natural Resources and Environmental Policy and Planning (ONEP), the Industrial Estate Authority of Thailand (IEAT), the Energy Regulatory Commission, the Metropolitan Electricity Authority, and the Provincial Electricity Authority—the initiative removes historical friction in permitting, environmental approvals, and infrastructure connectivity.

Thailand FastPass

At the ceremony, the eight agencies formalized their coordination by signing a memorandum of understanding (MOU) committing to reduce approval and licensing timelines by 20 to 50 percent across key investment milestones, including factory permits, free-zone processing, environmental impact assessments, and power grid connections.

The ceremony drew more than 300 attendees, including foreign diplomats, international chambers of commerce, and multinational executives.

“In today’s global economy, speed is the ultimate competitive differentiator,” said Mr. Anutin Charnvirakul, Prime Minister of Thailand. “The Thai government is shifting from regulator to active business facilitator. By removing regulatory hurdles, increasing speed, and ensuring policy transparency, we are driving physical investments that will generate next-generation employment and secure Thailand’s long-term regional competitiveness.”

The push to turn approved projects into physical factories follows a historic surge in investment applications. BOI received a record USD 54.5 billion (approximately 1.8 trillion baht) in investment applications in 2025. Momentum has carried into 2026, with first-quarter applications already exceeding USD 30.3 billion (approximately 1 trillion baht).

The USD 21 billion total spans two FastPass cohorts. In the first phase, FastPass resolved regulatory bottlenecks for 76 previously approved projects valued at over USD 14.4 billion (approximately 474 billion baht). Today’s ceremony launched the second cohort: 25 projects from 23 companies worth USD 6.7 billion (approximately 223 billion baht), each receiving a formal Thailand FastPass certificate.

“We are focusing heavily on ‘realized investment’ entering the actual economy,” said Mr. Ekniti Nitithanprapas, Deputy Prime Minister and Minister of Finance. “The FastPass mechanism is designed to deliver immediate, concrete economic results in the short term, while laying down long-term structural benefits that will distribute wealth across our broader economy. These 25 pilot projects from 23 companies are projected to generate over 13,000 high-skilled jobs. Combined with the 76 projects cleared under FastPass in the preceding phase, total investment mobilized by the program exceeds 700 billion baht.”

This mechanism converts corporate capital into domestic benefits across five key dimensions: driving investment-led GDP growth, generating high-skilled careers, transferring technical know-how, integrating local SMEs, and creating localized economic multipliers within regional communities.

“The FastPass program fundamentally changes how Thailand works with global investors,” said Mr. Narit Therdsteerasukdi, Secretary-General of the BOI. “We put eight agencies into one pipeline. Permit timelines that once stretched for months can now be cut by up to half. That gets factories built, creates high-skilled jobs, and pulls Thai suppliers into global supply chains.”

Global corporations participating in the FastPass program cited Thailand’s strategic location, modern infrastructure, robust supply chains, skilled workforce, and favorable investment policies as the key drivers for their expansion.

“Thailand possesses the talent, infrastructure, and policy support necessary for next-generation industries,” said Mr. Simon Gwozdz, CEO of Equatorial Space (Thailand) Co., Ltd., a developer of low-Earth orbit space launch vehicles. “The BOI’s one-stop coordination significantly reduces regulatory complexity.”

“The availability of raw materials, infrastructure, and proactive government support were critical in our decision to anchor our regional operations here,” said Mr. Donald Carpenter, CFO of U.S.-based PureCycle Technologies, Inc. “The FastPass mechanism directly improves our operational efficiency.”

“The speed of obtaining factory licenses under the scheme has accelerated our operational readiness, creating a smoother path to scale,” said Mr. Larry Foo of SAM Precision (Thailand), a Malaysia-based manufacturer of precision components for the semiconductor industry.

“The depth of Thailand’s electronics supply chain and supportive state policies were critical to our investment decision,” said Mr. Kris Leetavorn, Director of Advanced Connection Technology, a high-density printed circuit board (PCB) manufacturer. “The FastPass program drastically simplifies state coordination, allowing us to hit aggressive deployment timelines.”

To demonstrate Thailand’s readiness for advanced industries, the government showcased technologies currently being deployed or manufactured in Thailand, including humanoid robotics, LiDAR sensor systems, aerospace technology, and advanced electronics.

“Thailand FastPass proves what is possible when all agencies move in the same direction—approved investments actually get built,” Mr. Narit concluded. “The world is reshuffling supply chains. Investors need clarity and speed. Thailand is ready to deliver both. We will keep expanding FastPass to cover more permits and more strategic industries, creating quality jobs, strengthening supply chains, and raising Thailand’s long-term competitiveness.”


USD conversion based on a reference exchange rate of approximately 33 baht per USD (Bank of Thailand, June 2026).

Hashtag: #BIO #Thailand #FastPassProgram

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

Thailand Board of Investment

Established in 1966, the Office of the Board of Investment (BOI) has continuously played an essential role for over 60 years in promoting value-adding investment for the country, from both foreign and Thai investors, to enhance national competitiveness and drive sustained economic growth and long-term national competitiveness.

Investment Services Center, PR Section, The Office of the Board of Investment (BOI)

555 Vibhavadi-Rangsit Road, Chatuchak Bangkok 10900 Tel. +66 (0) 2553 8111, Fax: +66 (0) 2553 8222

Emaar Properties has pushed back the tendering process for Dubai Creek Tower by about three to four months, delaying the next major step in one of Dubai’s most closely watched landmark projects as port closures disrupt construction-material costs and pricing assumptions. The postponement affects the main tender for the redesigned tower at Dubai Creek Harbour, a project that has been on the market’s radar since its original […]

Simultaneous Launch of the New Fo Tan Campus: Introducing One-Stop Academic Consulting and Private Candidate Programs, Championing an “Individualized Teaching” Tutoring Philosophy to Solve the “Transition Gap” for Cross-Border Students

HONG KONG SAR – Media OutReach Newswire – 23 June 2026 – As the Hong Kong government’s various talent admission schemes continue to deepen, a significant wave of high-achieving elite families has settled in the city. Latest official data from the Labour and Welfare Bureau[1] reveals that more than 410,000 applications have been approved under these admission schemes over the past three years. Among the approved cases, the “Top Talent Pass Scheme” (TTPS), which targets high-income individuals or graduates of top-tier global universities, recorded over 120,000 successful applications. Notably, nearly 40% of approved applicants in Categories B and C graduated with bachelor’s degrees from top international universities, possessing strong, insightful mindsets and professional capabilities. This significant intake of highly educated “New Hong Kong” families has enriched the local talent pool while directly accelerating substantial demand for international education and curriculum transitions.

According to the Q2 market trends observation by For You Education, an esteemed tutoring and admissions consulting institution in Hong Kong, TTPS parents demonstrate highly strategic foresight in planning their children’s education. Most favor international schools or a “dual-track” pathway via Direct Subsidy Scheme (DSS) schools, triggering an exponential increase in consultation and registration volumes for international examinations such as IB, IGCSE, and A-Level. For You Education identifies three core reasons behind this phenomenon: first, parents view studying abroad as a critical pathway to cultivating a global worldview and expanding horizons; second, international curricula offer rigorous academic depth, allowing students to focus on their strengths and achieve higher academic merit; third, international examinations feature flexible pacing and allow retakes, granting students greater autonomy in their preparation.

Bridging the Dual Gap of “Language and Academic Depth”: Comprehensively Enhancing the Support System via “Private Candidate Programs”

When transitioning into the Hong Kong or international education systems, cross-border students often encounter two major hardships: the “language adaptation period” of moving from a Chinese-medium to an all-English teaching environment, and the “systemic differences” in curriculum breadth and depth between mainland and international examinations. Taking International A-Level (IAL) as an example, though it offers fewer subjects than the Mainland National Higher Education Entrance Examination (Gaokao), it requires deeper academic exploration and a higher degree of self-directed study within specific disciplines.

Traditional mainland education focuses heavily on intensive test-drilling, whereas international curricula (such as IB and IAL) emphasise critical thinking and research writing, such as IB’s Extended Essay. Unlike the high-stakes Gaokao, which allows students to take the exam only once, international tracks offer greater subject flexibility and an elevated margin for error. For instance, GCE A-Level allows students to choose three to four specific subjects based on their personal strengths for deep focus, while permitting modular retakes, resulting in significantly greater autonomy in preparation.

For You Education observes that many TTPS families discover that, after relocation, their local schools do not offer international curricula such as IB or IAL. Consequently, despite students’ willingness to sit, they lack institutional support and resources within their schools. To address this market gap, For You Education has carefully designed its “Private Candidate Programs” to fully support students registering for international public examinations as private candidates. Through comprehensive curriculum structuring and pre-exam coaching, the team helps students overcome institutional barriers and seamlessly transition to top global universities.

Official Opening of Fo Tan Campus: One-on-One and High-Efficiency Group Tutoring Aimed Directly at Return on Investment (ROI) in Education

To better serve newly arrived TTPS families, For You Education announced the official opening of its new branch campus in Fo Tan this quarter. The new campus features upgraded teaching facilities and a centralized team of core professional tutors. Most For You Education tutors possess prestigious international academic backgrounds and extensive cross-border teaching experience, equipping them with a nuanced understanding of the linguistic, psychological, and academic blind spots faced by mainland students transitioning to Hong Kong. Following a comprehensive service upgrade, the center offers an array of solutions encompassing Hong Kong international school admissions, IB tutoring, IGCSE curriculum, and A-Level subject selection.

For You Education opened a new campus in Fo Tan
For You Education opened a new campus in Fo Tan

In response to growing parental expectations regarding the Return on Investment (ROI) of international education, the new Fo Tan campus will prioritize personalized one-on-one and high-efficiency small-group teaching models. Practicing a modern philosophy of “individualized teaching,” the tutoring team assists students in precisely selecting subjects aligned with their personality traits and academic strengths (such as guiding suitable students to pivot from DSE to IAL tracks where they can better leverage their core academic capabilities). Over the past few years, the institution has successfully guided numerous cross-border and local students through their academic transition periods, securing placements at top global institutions across the UK, the US, and Hong Kong.

Cultivating Critical Thinking in the AI Era: “Learning Supplement” Rather Than “Replacement”

Global education frameworks are undergoing a paradigm shift, and the rise of AI technology has introduced parental anxiety regarding future academic majors and career landscapes. Addressing these concerns, Mr. Terry Lo, the Founder and Director of For You Education, stated:

“In the AI era, the core assessment metrics of international examinations like the IB program are shifting away from pure knowledge transmission toward ‘critical thinking’ and ‘knowledge application’. While consolidating our foundation in traditional academic tutoring, For You Education actively guides students on how to properly leverage advanced AI tools to assist their preparation and enhance learning efficiency. However, AI can never replace a tutor’s emotional care, the discovery of a student’s unique potential, or intellectual mentorship. We believe that learning to master AI tools to boost personal productivity is vital today, and we look forward to exploring this boundary alongside our students. We aim to utilize technological advantages to shorten students’ adaptation phases while maintaining close communication with parents who care about educational cost-effectiveness, ensuring children steadily build adaptability and competitiveness along their admissions journey.”

To assist parents in staying up to date with the latest trends in international education, the new Fo Tan campus of For You Education is now open for consultations. Parents are welcome to visit in person or browse online for successful case studies and academic consulting (admissions advice) assessment services, tailoring the optimal breakthrough path for their children’s inclusive education.

Hashtag: #foryoueducation #education #TTPS #internationaleducation




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

For You Education

Founded in 2013, For You Education is a premier, highly experienced subject-specialist tutoring institution in Hong Kong. For years, the Center has championed an “efficient learning model” to deliver high-quality educational services to students from prestigious local and international schools across Hong Kong. Classes are conducted primarily through one-on-one and high-efficiency small-group formats to address the personalized learning needs of each student.

In addition to local school curriculum support, For You Education specializes in international examinations, including the International Baccalaureate (IB), International General Certificate of Secondary Education (IGCSE/GCSE), GCE A-Level, and SAT. It uniquely provides core academic guidance for Internal Assessments (IA), Extended Essays (EE), Theory of Knowledge (TOK), and Individual Oral Commentaries (IOC). For You Education currently operates three major campuses across Hong Kong: the Hong Kong Island Main Campus (Causeway Bay), the Kowloon Branch (Yau Ma Tei), and the newly completed Fo Tan Branch, establishing a comprehensive bridge to global educational excellence.

Official Website:

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HONG KONG SAR – Media OutReach Newswire – 20 June 2026 – Bringing a refreshing wave to a beloved cultural tradition, Swire Coca-Cola HK has become the Official Beverage Sponsor for the “2026 Sun Life Hong Kong International Dragon Boat Races”, organised by the Hong Kong Tourism Board. Running from 19 June to 1 July, the brand is set to energise athletes, locals, and tourists alike with thirst-quenching beverages and an eye-catching festive photo spot.

Giant Festive Installation at the Avenue of Stars.
Giant Festive Installation at the Avenue of Stars.

Deeply rooted in the city for over six decades, Swire Coca-Cola HK is driven by its brand purpose “to deliver refreshment to the communities we call home” and has proudly been part of many of Hong Kong’s defining moments. From local festivities and cultural events to large-scale sports and tourism experiences, the brand has long connected with the community, dedicated to supporting Hong Kong’s vibrant mega-event economy. Serving as the Official Beverage Sponsor of the event this year represents another milestone in its mission to share joy and create unforgettable summer memories.

Festive Photo Spot: Two-Metre Giant Coca-Cola® Bottle on the Avenue of Stars

To amplify the festive spirit, a giant, two-metre-tall Coca-Cola® bottle, accompanied by a dragon boat-themed installation, will land on the Avenue of Stars. Set against the dazzling backdrop of Victoria Harbour, this striking display will be available from 19 June to 1 July, offering the compelling photo spot for the public to capture memorable moments while enjoying the thrilling races.

Festive-Themed Combo Meals: Redeem Limited-Edition Mystery Gifts

Echoing the culinary excitement of the event’s special “Dragon Boat Food Lane”, Swire Coca-Cola HK is partnering with designated kiosks and stalls along the Avenue of Stars to launch festive-themed combo meals. During the race days on 27 and 28 June, consumers who purchase a designated meal set featuring Swire Coca-Cola HK products, or buy two or more selected Swire Coca-Cola HK products, will receive a redemption voucher. This voucher can be used to redeem the brand’s mystery gift at the redemption counter at specified timeslots, available on a first-come, first-served basis.

Boosting Energy and Keeping Paddlers Hydrated

Given the intense physical demands of dragon boat racing, the brand is also throwing its full support behind the local and international paddlers. Multiple bonaqua® water stations will be set up across the event venue to ensure over 4,500 athletes stay hydrated. Additionally, electrolytes replenishment drink Aquarius® will be provided to offer a vital energy boost, helping paddlers power through to the finish line.

Paddling Towards a Greener Future

Beyond the excitement of the races, Swire Coca-Cola HK also brings sustainable practices to the celebration. In collaboration with local social enterprise V Cycle, the brand will set up multiple plastic bottle recycling stations during the race days on 27 and 28 June. Collected bottles will be transported to New Life Plastics, Hong Kong’s largest food-grade-ready plastic bottle recycling facility. The recyclables will be processed into recycled PET (rPET) materials and reintroduced into the supply chain to create new bottles. This “bottle-to-bottle” initiative highlights a successful circular economy model by giving recycled plastic a second life, making environmental stewardship a core part of the event experience.

As the “2026 Sun Life Hong Kong International Dragon Boat Festival” unfolds, Swire Coca-Cola HK is excited to celebrate this summer spectacular with the locals and tourists. Through refreshing drinks, interactive fun, and recycling actions, the brand hopes to create lasting memories for all.

Hashtag: #SwireCoca-ColaHK #Dragonboat


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

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The performance-focused smartphone will support tournament-level mobile gameplay with stable performance, responsive controls and sustained power.

DONGGUAN, CHINA – Media OutReach Newswire – 19 June 2026 – iQOO, a smartphone brand built for high-performance mobile gaming experiences, today announced that the iQOO 15R has been named the Official Gaming Phone for the 2026 Asian Games Esports Qualifiers: Honor of Kings.

iQOO
iQOO

As an official esports title of the Asian Games, Honor of Kings brings together competitive mobile esports players from across the region. Through this partnership, iQOO will support the Qualifiers with a device designed for competitive mobile gaming, reinforcing the brand’s commitment to supporting powerful, stable and immersive experiences for players and fans.

Supporting Tournament-Level Mobile Esports

Competitive mobile esports requires more than peak performance. Players often rely on consistent frame rates, responsive touch control and reliable power throughout extended matches. With the iQOO 15R serving as the Official Gaming Phone for the Qualifiers, iQOO aims to bring its performance-driven technology into a professional tournament setting and support players with a device built for speed, control and sustained gameplay.

Built for Stable, High-Intensity Gameplay

Designed as a performance-focused smartphone, the iQOO 15R is equipped to support the high demands of mobile gaming. Powered by the Snapdragon® 8 Gen 5 Mobile Platform and Monster HyperCore Engine, the device is engineered to help deliver stable frame rates and responsive gameplay during extended sessions.

The Supercomputing Chip Q2 is designed to enhance visual clarity for a more immersive gaming experience, while the Super Touch Control Chip is designed to improve input accuracy and control response. In addition, the advanced cooling system and large-capacity Silicon Anode Battery with fast charging help provide the sustained performance and power required for tournament-level play.
Hashtag: #iQOO

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

About iQOO

iQOO, a sub-brand of vivo, differentiates itself in performance and Esports experience. iQOO leverages the research, quality assurance and after-sales service expertise of vivo, and follows the brand ethos of i Quest On and On to push boundaries, innovate boldly and share the excitement of exploring future technology. With products offering Esports-standard capabilities, iQOO aims to become the top choice of consumers who are passionate about performance and gaming.

For more information, please visit .

About Honor of Kings

Developed by TiMi Studio Group, Honor of Kings has become the world’s most-played MOBA. In 2025, the combined MAU of Honor of Kings titles surpassed 260 million. Featuring highly detailed and diverse character and battlefield design plus music created by world renowned composers including Hans Zimmer, Joe Hisaishi, and Howard Shore, Honor of Kings immerses players in a unique and colorful universe. Honor of Kings prides itself on being free to play and fair to win, with success determined by players’ skills and tactics. Honor of Kings is also home to a thriving esports ecosystem supporting competitive play from grassroots amateurs to elite professionals. To learn more about Honor of Kings, follow on , , , , or visit the official of Honor of Kings.

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA