JPMorgan Chase has evaluated launching its own stablecoin as major banks reconsider their approach to blockchain-based money amid growing demand for digital payments and clearer US regulation. The deliberations mark a potential shift for the world’s largest bank by market capitalisation, which has so far concentrated on tokenised bank deposits rather than issuing a conventional stablecoin. JPMorgan already operates JPM Coin, a dollar-denominated deposit token designed for […]
The Linux Foundation has taken TRACE, an open specification designed to create hardware-backed evidence of how artificial intelligence agents operate, under vendor-neutral governance as companies seek stronger controls over increasingly autonomous AI systems. TRACE, short for Trust, Runtime Attestation and Compliance Evidence, creates cryptographically verifiable records showing what software executed, the policies governing it, the class of data it accessed and the tools it called. The initiative […]
Issac John Uzbekistan has emerged from the three-day Silk Road Finance & Technology Forum with an audacious ambition: to establish Tashkent as Central Asia’s financial technology gateway and, increasingly, as a bridge between the region and the $6 trillion global Islamic finance industry. The question is whether this is achievable — or is it just another aspirational hub strategy in an increasingly crowded financial geography. There […]
Arabian Post Staff -Dubai WETEX 2026 will give greater prominence to advanced water technologies as Dubai seeks to strengthen water security, expand efficient desalination and accelerate the use of artificial intelligence in utility networks. The 28th Water, Energy, Technology and Environment Exhibition, organised by Dubai Electricity and Water Authority, will run from 20 to 22 October at the Dubai World Trade Centre. The exhibition is being held […]
SHANGHAI, CHINA – Media OutReach Newswire – 26 August 2026 – From tapping into the metro and paying at local shops to claiming tax refunds, booking family stays and unlocking dining benefits, Shanghai Summer 2026 is introducing visitor-focused products designed to make exploring the city easier for international travellers.
Running from July to October under the theme “Shanghai Summer, Join the Family Fun,” the international consumption season brings together payment networks, banks, hospitality groups and mobility providers to improve the visitor journey.
As a global strategic partner of Shanghai Summer, Visa is expanding its payment-friendly network across the city. Visa’s contactless “Tap to Pay” experience covers dining, accommodation, transport, tourism, shopping and entertainment. Visa data shows that in the first quarter of 2026, offline card spending by international visitors in Shanghai increased by more than 50% year-on-year, while transaction volumes rose by more than 60%.
China UnionPay is expanding its support for international visitors through the Nihao China App, an all-in-one digital platform combining payments, transportation, travel information and multilingual services. Available in more than 160 countries and regions, the app allows users to top up with international Visa or Mastercard cards and pay via UnionPay QR codes at more than 100,000 merchant locations. It also supports metro and bus travel in Shanghai, real-time translation, navigation and instant tax-refund services.
Bank of China Shanghai Branch has launched an upgraded Tax Refund 2.0 programme during Shanghai Summer. The initiative expands tax-refund services into hotels, supermarkets, restaurants, attractions and international talent service centres, supported by integrated POS refund functions and self-service tax-refund machines.
For travellers navigating the city, Shanghai Pass combines transportation, sightseeing and merchant benefits in one product. The card can be used across Shanghai’s metro, buses, ferries, suburban railways, Maglev services and taxis, while cardholders can access privileges at nearly 150 merchants.
Jin Jiang International is taking a similar integrated approach through its “2026 Jin Jiang ∞ Journey, Shanghai Summer” programme, combining hotels with cultural attractions, dining, guided city experiences and family entertainment. Its Shanghai Gourmet Passport 2.0 also connects dining, hotels and cultural experiences for international travellers.
Together, these products are making payment, transport, tax refunds, hotels, dining and attractions more connected — helping international visitors move more freely, pay more simply and experience more of Shanghai.
Hashtag: #ShanghaiSummer
The issuer is solely responsible for the content of this announcement.
OpenAI has disclosed performance results for its first custom artificial intelligence chip, saying the processor beat Nvidia’s leading systems on key measures of inference speed and energy efficiency. The chip, called Jalapeño, was developed with Broadcom as part of OpenAI’s push to gain greater control over the computing infrastructure powering ChatGPT and its other artificial intelligence services. Tests released on Tuesday showed the processor delivering between 1.5 […]
HONG KONG SAR – Media OutReach Newswire – 25 August 2026 – Knitup, a design-to-manufacturing platform, is introducing a flexible production model tailored to the rapidly expanding global creator economy. As online creators move beyond basic print-on-demand merch, Knitup bridges the gap by offering custom, high-end knitwear with low barriers to entry.
Over 45% of online creators are diversifying revenue through direct product launches, but the creator apparel industry is still stuck in cheap screen-printed blanks that dilute premium IP. Top creators want to build fashion-grade consumer brands, but traditional fashion manufacturers requires high MOQs, long lead times, and technical literacy. High-end creators face a trade-off: basic promotional blanks or massive inventory risk on fashionable products. Knitup solves this by enabling creators with no technical know-how to go from idea to premium products with no minimum requirement. With the advantage of full creative freedom, zero inventory liability, and rapid replenishment cycles, creators can target the premium segment with offerings of BCI Cotton and sustainable merino wool sweaters and beanies, or even step into the luxury tier segment with cashmere cardigan, dresses and blankets.
“We created Knitup to empower the next generation of creators by making the capabilities of a fashion design house accessible,” said Dorothy Pun, Founder of Knitup. “Creators and designers are enabled to make better products with minimal capital outlay. Brands and the planet are saved the burden of inventories. The world sees more creativity and innovation.”
Knitup addresses bottlenecks around mass customization for any knitted products by automatically turning digital design into knitting data that goes straight to knitting machines. What usually takes hours can now take minutes.
Since launching its online design platform in 2022, Knitup has grown to serve over 1,000 brands, ranging from emerging labels to established global names. Key capabilities include:
No Minimums: Produce exactly what the market demands, precisely when it wants it, helping eliminate excess inventory.
Design Expression: Bring visuals to life, from detailed custom jacquards to classic solid stitches and crisp embroidery.
Creation Process, Edited: Styles are visualized using high fidelity virtual samples. No waste even if users over-design and kill many styles. All costed instantly. Guilt-free and simple. Also a perfect tool to get consumers’ feedback on social media.
Sustainable Yarns: Access to environmental friendly materials that deliver both quality and great hand-feel.
Agile Manufacturing: A frictionless three-week production lead time that allows brands to restock rapidly, introduce new styles at speed, or launch limited capsule collections in weeks.
From bold statement graphics to quiet luxury, Knitup makes conscious fashion accessible without sacrificing speed, quality, or creative expression. Hashtag: #Knitup #CreatorCommerce #PremiumKnitwear
The issuer is solely responsible for the content of this announcement.
About Knitup
Knitup is a new kind of design-to-manufacturing platform that caters to everyone, from visionary artists and makers to small businesses and even large global corporations.
We bridge the gap between creativity and commerciality by enabling easy access to a complex knitwear supply chain. Our deep heritage in manufacturing, combined with cutting-edge technology and extensive know-how, unlocks a world of possibility for a creator, brand, or business.
Ultimately, we believe in the power of self-expression. By providing the tools and resources for anyone to bring to life high-quality and sustainable products, we enable creativity to flourish everywhere. From fostering vibrant communities built on shared stories and collaboration, to established corporations venturing out into new avenues.
METRO MANILA, PHILIPPINES – Media OutReach Newswire – 25 August 2026 – Green GSM, an all-electric ride-hailing platform, today officially launched Premium Taxi, an upscale seven-seat taxi service in the Philippines. With an all-electric fleet of sophisticated and spacious VinFast Limo Green vehicles, the service is designed to deliver a comfortable and convenient travel experience, setting a new standard for the high-end electric taxi segment in the market.
Green GSM launches its Premium Taxi service in the Philippines.
As Green GSM’s second service tier in the Philippines after Green GSM Car, Premium Taxi offers a new mobility option for groups of up to six passengers, families, business travellers, passengers carrying multiple pieces of luggage, and customers seeking a smooth ride in a pleasant and relaxing environment.
The entire Limo Green fleet is finished in black to reflect its high-end positioning, making it easily recognisable and distinguishable from the existing Green GSM Car service, which features a cyan color scheme. Alongside its modern exterior design and spacious seven-seat configuration with three rows, each Limo Green is equipped with amenities including automatic air conditioning, dedicated air vents for the two rear rows, and an air filtration system that helps keep the cabin pleasant and fresh.
Green GSM’s Premium Taxi fleet exclusively uses VinFast Limo Green.
Alongside the three signature benefits of electric vehicle-zero emissions, no fuel odour and no engine noise-Green GSM’s Premium Taxi also delivers a five-star service experience through carefully-selected drivers who have received high ratings for service quality. Fares are transparently displayed through in-vehicle meters and on the Green GSM app, allowing customers to conveniently track their fares and trip information.
During its initial phase, Premium Taxi will operate in Makati, Taguig, Mandaluyong and Pasig City, serving travel needs across key business districts, commercial centres, hotels and transport hubs in Metro Manila. Customers can book through the Green GSM app, hail an available vehicle on the street, or contact the customer service hotline at 02-7777-8080.
VinFast Limo Green offers a spacious seven-seat configuration and a modern exterior design.
Ms. Le Thi Thu Trang, CEO of Green GSM Philippines, said: “Premium Taxi is not simply about providing more space. It is designed for journeys where comfort and attention to detail matter, from family trips and airport transfers to business engagements and special occasions. By combining the spacious interior of the VinFast Limo Green with professional drivers and Green GSM’s five-star service standards, we aim to give Filipino customers a high-end mobility option that is thoughtfully-delivered from the moment they book until the journey ends.”
With Premium Taxi, Green GSM expands its all-electric mobility portfolio in the Philippines to better meet customers’ diverse needs. Going forward, Green GSM will continue to enhance service quality while consistently upholding its “5 Green Promises”, with standards of professionalism, transparency and attentive customer care, thereby contributing to greener urban transportation.
Hashtag: #GreenSM
The issuer is solely responsible for the content of this announcement.
GREEN GSM IN THE PHILIPPINES
As of March 31, 2026, Green GSM had completed nearly five million trips and more than 32.6 million kilometres in all-electric vehicles in the Philippines. These journeys are estimated to have contributed to reducing approximately 6,263 tonnes of CO₂ emissions, equivalent to the amount absorbed by nearly 289,000 trees in one year, demonstrating the cumulative value of everyday green mobility choices.
HONG KONG SAR– Media OutReach Newswire – 25 August 2026 – The Hong Kong Designers Association (HKDA) hosted the Hong Kong Design Summit cum BDA Brand Award 2026 Presentation Ceremony Gala Dinner at The Fullerton Ocean Park Hotel Hong Kong, bringing together an elite audience of 180 leading professional designers, creative industry pioneers, and corporate executives, this year’s flagship event serves as an authoritative platform celebrating excellence in design application, cross-sector matching, and strategic design-tech partnerships.
The Summit was honored to have Miss Yvonne Ip, Acting Commissioner for Cultural and Creative Industries, as the Guest of Honour. In her address, Miss Ip highlighted the power of design to drive business growth and emphasized that the Hong Kong Design Summit, now in its third year, has become a key platform for industry exchange and collaboration, bringing design talent and enterprises together through flagship initiatives like DesignMatch, to turn creative ideas into commercial results. The Hong Kong Designers Association has been a pioneering force in the local design ecosystem for half a century, and CCIDA is proud to partner with HKDA to nurture design professionals, accelerate industrialization, and help local enterprises expand into international markets — advancing Hong Kong’s creative economy together.
Chairman’s Welcome: Driving Real Impact Through Strategic Focus
Opening the evening gala, Ms. Mui Kinoshita, Chairman of HKDA, delivered a heartfelt welcoming address reflecting on the Association’s post-pandemic transformation and strategic vision.
Reflecting on the Association’s post-pandemic vision, Ms. Kinoshita highlighted HKDA’s core strategy—”Two Awards, One Summit, One Platform“—designed to deliver tangible benefits by recognising individual design excellence, honoring corporate design investment, and driving commercial partnerships through DesignMatch. She celebrated HKDA’s expansion from 900 to over 1,300 members, calling it a testament to industry trust. Honoring the Association’s 50-year legacy, she paid tribute to founding pioneers whose dedication laid the foundation for Hong Kong’s creative sector. She concluded with a passionate call for open dialogue and unified collaboration to build a stronger, more caring design industry for the next generation.
Star-Studded Gathering of Design Icons and Industry Leaders
The Gala Dinner was anchored by an extraordinary gathering of creative heavyweights, founding pioneers, and distinguished guests across the design, creative sectors, and corporate leaders. Joining Guest of Honour Miss Yvonne Ip and Officiating Guests, including Dr. Kan Tai-Keung, SBS, BBS, Former Chairman of HKDA (Tenure: 1986, 1987, 1988), Mr. Steve Leung, BBS, Chairman of Hong Kong Design Centre, Mr. Alan Cheung, MH, Chairman of Hong Kong Design Council, Federation of Hong Kong Industries, Mr. Kevin Yeung, Chairman of Hong Kong Fashion Designers Association, were celebrated global design icons and industry leaders who attended in strong support of the Summit, including Ms. Vivienne Tam, Designer and Founder, Vivienne Tam Fashion House, Mr. Tino Kwan, Founder and Principal Consultant of the Tino Kwan Lighting Consultants Limited, and Mr. Gu Wei, Head of AIGC Design Business, Alibaba International Digital Commerce Group. The evening was further graced by prominent design masters, industry executives, and organisational representatives. Their presence, alongside premier corporate partners and judging leaders, underscored the unified strength and collective vision of Hong Kong’s creative community.
The annual event unfolds in two key segments: the Hong Kong Design Summit, featuring the Kick-off Ceremony, DesignMatch business matching, and a landmark MOU signing; followed by the BDA Brand Award 2026 Presentation Ceremony.
Hong Kong Design Summit 2026
The opening segment convenes industry leaders and creative professionals to foster commercial growth and educational innovation:
1. DesignMatch Business Matching Sessions: An exclusive, high-impact B2B networking initiative designed to bridge corporations and design professionals, driving immediate business opportunities and accelerating the translation of creative capital into commercial success.
2. Award-Winning Brands Showcase: A curated, high-visibility showcase where outstanding design firms and corporate awardees demonstrate successful project outcomes and share strategic market insights.
3. Strategic Tripartite MOU Signing: A milestone collaboration between School of Design, The Hong Kong Polytechnic University, Alibaba International Design, and Hong Kong Designers Association. The parties intend to explore opportunities for collaborative initiatives in design and AI-related education in the creative industry, as well as strategic collaboration for industry development across Hong Kong and the Greater Bay Area (GBA). Key potential areas of collaboration include: A) Joint development and delivery of academic and professional training courses (with AI courses as the initial program collaboration); B) Industry–academia partnerships to foster design-tech innovation and applied research; C) Co-organisation of training courses, flagship events, forums, and summits to promote design excellence and cross-sector collaboration.
BDA Brand Award 2026 Presentation Ceremony
The second part of the event highlights design leadership and commercial results through an elite evening program, the BDA Brand Award 2026 Presentation Ceremony. An elite gathering celebrating outstanding brand design applications and recognizing excellence across diverse industries. This year’s competition attracted 150 brand entries from diverse industries, further solidifying BDA’s authoritative position as one of Hong Kong’s top brand awards. The BDA Brand Award invites nominations from professional designers or organizations, with submissions evaluated by a panel of experts based on three aspects: brand story, development, and achievements. Additionally, five assessment criteria are considered: 1) Environmental & Social Impact, 2) Cultural Impact, 3) Innovation & Technology, 4) Brand Image, Identity & User Experience and 5) Market Performance & Value.
The awards celebrated winners across multiple categories, including 1) Best Branding Image Award, 2) Best Cultural & Heritage Award, 3) Best ESG Award, 4) Best Innovation & Technology Award, 5) Best Media & Communication Award, as well as Best Award, Grand Award, and the prestigious Best of the Best Award.
A professional jury panel comprised of esteemed first-round judges—Prof Anthony Kong (Assistant Professor, School of Design, The Hong Kong Polytechnic University), Mr. Kirin Leung (Founder, Kirin+lab), Mr. Joe Wong (Founder, Joe Wong Design), Mr. Kenny Li (Founder, FM+ Concepts & FAVEbyKennyLi), and Mr. Jay Leung (Founder, Starz Group) as well as final-round judges—Ms. Mui Kinoshita (Chairman, HKDA), Prof. Viveca Chan (Founder and Chairman, WE Marketing Group), Ms. Hilda Chan (Chief Marketing Officer, HKSTP), Mr. Bosco Leung (Social Responsibility Lead, MTR Corporation Limited), and Mr. Jimmy Li (Head of Brand Partnership, Harvey Nichols Hong Kong). The judges meticulously assessed submissions through a rigorous process, including an initial online evaluation and live presentations.
From a pool of 150 exceptional brand entries, the jury evaluated each brand’s overall excellence, market impact, and alignment with the selection criteria in their respective fields. It is with great pleasure that we announce Sino Group「GoCircular」as the winner of the Best of the Best Award and fwah! as the winner of the Best of the Best Award (Startups). These brands have demonstrated unparalleled excellence, and their selection as winners is a testament to their outstanding achievements.
Additionally, 14 outstanding brands have been recognized with the Grand Award, including (in alphabetical order)
1. a²CIRCLE x TENKA TAIHEI
2. Bone Studio骨子裡
3. BrainX
4. Cohere Design柏納遨天
5. DCH Living 大昌行生活
6. Gridword Communications Ltd
7. HKUST International Summer Campus
8. ISABELLE.C 伊裳
9. Leo Paper Group 利奧紙品集團
10. LOUDER
11. Mini Greeny Heroes
12. Jumbo Kingdom – Tai Pak Floating Restaurant 珍寶王國 – 太白海鮮舫
13. The Living Art
14. Tiger Circle
The full winner list of BDA Brand Award 2026 is listed on Appendix A.
Fostering Strategic Synergies and Future Growth
The 2026 Summit reinforces HKDA’s commitment to elevating design as a core commercial driver while empowering the next generation of designers through AI-driven education and regional integration. Through structured business matching, strategic academia-industry partnerships, and award recognition, the event continues to solidify Hong Kong’s position as a premier global hub for commercial design innovation.
For more details on the event and program updates, please visit the official website at https://www.hkda.hk/
Appendix A – BDA Brand Award 2026 Winners (*in Alphabetical order)
3. ESG VISA – The Global Passport for Sustainable Business
4. PARTYDAY
5. Silver Innovation
6. Starry Learning
7. Xinera by FoodTrack
Startups – Best ESG Award
1. ESG Visa
Startups – Best Cultural & Heritage Award
1. Tu by Tu
Startups – Best Branding Image Award
1. Excelsior interior design limited
2. EyeComfi
3. LegalOne Global Limited
4. 非遺美食 INTANGIBLE CULTURAL HERITAGE FOOD
5. Renovation Guide Consultant Limited
6. Ripple & Co.
Hashtag: #HKDA #BDABrandAward #BDA品牌大獎
The issuer is solely responsible for the content of this announcement.
About Hong Kong Designers Association (HKDA)
Established in 1972, the Hong Kong Designers Association (HKDA) was the first of its kind in Hong Kong and is a founding member of the Hong Kong Design Centre. Its core mission is to promote design’s public interest, cultivate young designers, and elevate the professional status of practising designers across sectors.
HKDA’s flagship programmes include the Global Design Award (GDA) (formerly known as Asia Design Awards), which has been celebrating outstanding global designs biennially since 1975; the Hong Kong International Poster Triennial (HKIPT), which has been documented the development of local and international poster design through competition, exhibition and symposium since 2000; the Sponsorship for International Design Awards (SIDA), a distinguished funding scheme for local designers and design-applying enterprises who are winners of international design awards, which has been running since 2011; Design X Technology (DXT), a progressive programme that integrates design and technology as core components in business strategy to drive innovation and competitive advantage since 2020; and BDA Brand Award (BDA) (formerly known as BDA Brand Design Awards), this award evaluates outstanding brand performance through a professional design lens, honoring long-term strategic commitment to design excellence, and was debuted in 2023, also other strategic initiatives including the Hong Kong Design Summit and the DesignMatch business matching programme connect design professionals directly with market demand across government, commercial, and industrial sectors.
With over 1,300 individuals and corporations in its diverse membership base, HKDA offers a wide range of membership options for professionals, associates, affiliates, students, and corporations that cover six design disciplines: Graphics, Spatial, Product, Digital, Fashion, and Education. Prioritising design excellence, education, technology integration, sustainability, business support, diversity, and inclusivity, HKDA has established itself as a vital platform for its members, as well as designers, businesses, and organisations throughout the Asia-Pacific region. Through its commitment to advancing these key areas, HKDA provides valuable resources, networking opportunities, and expert guidance to its members while also serving as a hub for innovation and collaboration in the design industry.
HKDA is committed to raising public awareness of the value and importance of design in society. It partners and collaborates with other design organisations and institutions worldwide, such as the World Design Organization (WDO) and International Council of Design (ico-D), to promote global design excellence, cultural diversity, and international design exchanges. By working with other design organisations on a global scale, HKDA aims to contribute to the development and advancement of the design industry, both locally and internationally.
Flipkart has emerged as a serious challenger to India’s established quick-commerce platforms two years after launching Minutes, with daily orders surging past one million and its fulfilment network expanding rapidly across large and smaller cities.
The Walmart-owned company’s rapid-delivery service is handling an estimated 1.1 million to 1.2 million orders a day, compared with roughly 390,000 to 400,000 in November. That has brought Flipkart Minutes within striking distance of Swiggy Instamart, which is processing about 1.4 million daily orders.
Blinkit remains well ahead, with estimated daily volumes of roughly 3.4 million to 3.6 million orders, while Zepto handles about 2.4 million to 2.6 million. The gap nevertheless underlines the speed with which Flipkart has transformed itself from a late entrant into a major force in one of the country’s fastest-growing retail segments.
Flipkart Minutes was launched in August 2024, several years after Swiggy introduced Instamart and after Zepto established itself around ultra-fast grocery delivery. Blinkit’s origins stretch further back to Grofers, which began as an online grocery service before moving towards the dark-store model.
Flipkart has compensated for that late start with an aggressive infrastructure build-out. Minutes crossed 1,000 micro-fulfilment centres in June and now covers more than 130 cities and 8,000 pin codes. The company plans to expand its network to about 1,500 centres by the end of 2026. Orders have increased fivefold year on year.
The expansion is increasingly focused beyond the largest metropolitan markets. Around 90 cities added to the Minutes network over the past year are in smaller urban centres, where demand is growing from a relatively low base. Flipkart says its tier-two and tier-three business has expanded 42-fold compared with a year earlier.
That strategy distinguishes Flipkart from competitors that built much of their quick-commerce scale in affluent metropolitan neighbourhoods. The company can draw on an established e-commerce customer base, logistics infrastructure and merchant relationships while extending instant delivery to places where dark-store penetration remains lower.
Average baskets also offer Flipkart another competitive lever. Its average order value has been estimated at about ₹700, reflecting efforts to broaden rapid delivery beyond groceries into electronics, beauty products, wellness items and lifestyle merchandise. Fruits and vegetables remain important, but the average order value within that category has risen about 30% as customers become more comfortable buying larger baskets through Minutes.
The market itself continues to expand sharply. The six largest quick-commerce platforms together are now processing more than nine million orders a day. Blinkit, Zepto and Instamart still account for nearly four-fifths of that volume, but the accelerating expansion of Flipkart and Amazon is changing a market once dominated almost entirely by venture-backed start-ups.
Amazon is scaling its Now service while Reliance and other retailers are also seeking a larger share of instant commerce. Competition is increasingly shifting from simply entering new cities to placing additional fulfilment centres inside already-served pin codes, shortening delivery distances and expanding product selection.
For Swiggy, the pressure comes as Instamart concentrates increasingly on economics rather than network growth alone. The platform operates more than 1,200 dark stores across over 130 cities and serves more than 14 million monthly transacting users. Its gross order value reached ₹7,907 crore in the first quarter of fiscal 2027, rising 40% year on year, while its contribution-margin loss narrowed to 0.2% of gross order value. More than 45% of its dark-store network is contribution-margin positive.
Swiggy is also moving Instamart towards an inventory-led structure after changes to its foreign ownership arrangements, a model designed to improve purchasing efficiency, reduce wastage and give the company greater control over assortment and margins.
Walmart’s financial strength gives Flipkart considerable capacity to sustain investment while the quick-commerce business scales. Walmart International reported a 19% increase in e-commerce sales in its fiscal second quarter, while its operating income benefited partly from lower e-commerce losses. Flipkart’s advertising operations also remained a growth driver for the international division.
Partnership creates new pathways for accountancy students in Guangdong to pursue the Singapore Chartered Accountant Qualification and gain professional exposure in Singapore
SINGAPORE – Media OutReach Newswire – 25 August 2026 – The Institute of Singapore Chartered Accountants (ISCA) and Guangdong University of Foreign Studies (GDUFS) have signed a Memorandum of Understanding (MOU) to strengthen Singapore–Guangdong collaboration in accountancy education and talent development, creating greater opportunities for GDUFS students in Guangdong to connect with the accountancy profession and pursue international professional pathways.
The MOU was signed in Singapore in conjunction with the 16th Singapore-Guangdong Collaboration Council (SGCC) Meeting, underscoring the strategic significance of the partnership and the growing links between Singapore and Guangdong in education, professional services and talent development.
Under the partnership, GDUFS’ Accounting, Auditing and Financial Management programmes will apply for accreditation under the Singapore Chartered Accountant Qualification (SCAQ) programme. Once accredited, graduates of these programmes will be eligible for fee waivers relating to five SCAQ Foundation Programme modules, providing a more streamlined pathway towards attaining the Chartered Accountant of Singapore, or CA (Singapore) designation upon fulfilling the remaining SCAQ requirements.
The partnership will also provide GDUFS students with opportunities to connect with ISCA and the wider accountancy profession, which includes industry and professional networks, events and activities. Students will have access to relevant ISCA membership opportunities and the relevant benefits, while those pursuing the SCAQ pathway will receive study support and opportunities such as internship and job-matching recommendations, SCAQ scholarships and access to ISCA’s publications.
The partnership reflects ISCA and GDUFS’s shared commitment to developing the next generation of accountancy professionals with the capabilities, professional networks and international exposure to contribute across markets.
The two institutions will also collaborate on professional learning and development, including guest lectures, workshops and seminars for GDUFS faculty, students and alumni, as well as access to ISCA publications and online resources. Continuous professional development collaboration via ISCA’s specialisation programmes in financial forensics, sustainability and subscription-based online learning platforms for accounting professionals will ensure GDUFS graduates remain updated on evolving industry standards and best practices.
ISCA President Mr Lee Boon Teck said: “Our partnership with GDUFS is about building stronger links between Singapore and Guangdong in accountancy education and talent development. By connecting students with professional pathways, networks and industry exposure and opportunities in Singapore, we hope to equip the next generation of accountancy professionals with the capabilities and international exposure ready to contribute in an increasingly interconnected business environment.”
Professor Yu Pengyi, Dean of the School of Accountancy at GDUFS, said: “This partnership with ISCA marks an important milestone in our internationalisation journey, creating new professional pathways and opportunities for our students. By combining our strengths in language and accounting education with ISCA’s professional expertise and networks, we look forward to developing globally minded accounting professionals who can contribute across markets.”
The five-year partnership provides a framework for ISCA and GDUFS to further develop cooperation in accountancy education, professional development and engagement with the accountancy profession. Hashtag: #ISCA #CharteredAccountants #DifferenceMakers #Accounting #Accountancy #MOU #GDUFS
The issuer is solely responsible for the content of this announcement.
Institute of Singapore Chartered Accountants (ISCA)
The Institute of Singapore Chartered Accountants (ISCA) is the national accountancy body of Singapore. Established in 1963, ISCA administers the Singapore Chartered Accountant Qualification programme and is the designated entity by the Singapore Ministry of Finance to confer the Chartered Accountant of Singapore [CA (Singapore)] designation.
ISCA supports over 46,000 members across industries in Singapore and globally, with members in more than 40 countries. With a growing international presence, ISCA has 12 overseas chapters, 7 offices across 10 countries and a network of over 150 strategic partners, strengthening professional connections and opportunities across borders. ISCA is also a member of Chartered Accountants Worldwide, a global network representing more than 1.8 million Chartered Accountants and students across over 190 countries.
ISCA advances professional development and lifelong learning through ISCA Academy, its training arm and drives community impact through ISCA Cares, its charity arm.
TAIPEI, TAIWAN & SINGAPORE – Media OutReach Newswire – 25 August 2026 – Empyrion Digital has closed a significant financial package for TW1, its 7MW data centre in Neihu, Taipei, with E.Sun Bank.
The financing is a key milestone for TW1 Empyrion Digital’s strategy of developing high-quality digital infrastructure across Asia’s key markets.
Located in Neihu, Taipei, TW1 is a carrier-neutral colocation facility designed to meet Taiwan’s growing demand for reliable, scalable and well-connected digital infrastructure. The facility will offer colocation solutions to enterprise, cloud and digital infrastructure customers with the capacity and connectivity to support AI deployment alongside their evolving compute needs.
Teruo Iwamoto, Chief Financial Officer of Empyrion Digital, said:
“Closing this financing is another important step in our growth in Taiwan. It reflects the strong fundamentals of TW1 and our financing partner’s confidence in the project and Taiwan’s broader digital infrastructure market. We thank E.Sun Bank, our advisers and all our partners for their support throughout the financing process.”
E.Sun Bank, said:
E.Sun Bank is pleased to support Empyrion Digital in the financing of TW1. As AI, cloud computing and digital services continue to grow, resilient and high-quality digital infrastructure is becoming increasingly important to Taiwan’s digital economy. E.Sun Bank is committed to leveraging its financial expertise to support quality infrastructure projects with long-term development potential. We look forward to building a strong partnership with Empyrion Digital as TW1 progresses.”
The financing underpins the continued development of TW1 as Empyrion Digital advances its data centre portfolio across Asia. The company remains focused on delivering strategically located, high-quality colocation infrastructure to meet the region’s growing demand for AI, cloud, connectivity and data-intensive applications.
Empyrion Digital thanks E.Sun Bank, its advisers and the wider project team for their contributions to the successful completion of this financing.
The issuer is solely responsible for the content of this announcement.
About Empyrion Digital
Empyrion Digital is a next-generation digital infrastructure platform committed to sustainable practices and operational excellence. Green-by-design, we develop and operate scalable, carrier-neutral AI-capable data centres for hyperscale and enterprise customers across Asia.
Headquartered in Singapore, Empyrion Digital is a portfolio company of Seraya Partners, a leading Asia infrastructure fund with USD 2.7 billion of assets under management.
For more information, visit www.empyriondigital.com.
Arjavi Indraneesh Iraq’s proposal for a joint security council bringing Saudi Arabia and Iran into a formal mechanism is more than another attempt at regional mediation. It reflects Baghdad’s growing conviction that diplomatic contact between the two powers, while valuable, is no longer sufficient to prevent security crises from spilling across borders. National Security Adviser […]
Alibaba Cloud has opened its third data centre in South Korea, increasing local computing capacity as businesses accelerate investment in artificial intelligence, cloud applications and data-intensive services.
The facility, launched on August 18, expands the company’s Korea region only about 14 months after its second data centre began operating. Alibaba Cloud established its first South Korean data centre in 2022 after entering the market in 2016, reflecting a faster infrastructure build-out as demand for generative AI and enterprise AI agents increases.
The third site adds capacity for computing, storage, networking, databases, security, containers and cloud-native services. It will also support workloads requiring lower latency and stronger disaster-recovery arrangements, while giving customers more options to distribute applications across separate facilities.
Alibaba Cloud has not disclosed the new centre’s power capacity, investment cost, number of graphics processing units or current utilisation rate. The company has indicated that additional computing equipment can be installed as customer demand expands.
Operating three data centres also changes the resilience of Alibaba Cloud’s South Korean infrastructure. With two facilities, disruption at one centre could leave the remaining location handling workloads alone. The addition of a third allows applications to remain distributed between two facilities if another suffers an outage.
The expanded configuration has enabled Alibaba Cloud to raise the service-level availability commitment for its Korea region from 99.95% to 99.99%, strengthening its pitch to companies running business-critical applications and AI services.
Enterprise AI is becoming an increasingly important part of that strategy. Alibaba Cloud is introducing six agentic AI services in South Korea covering development, testing, deployment, operations and cybersecurity. They include AgentRun, STAROps, ACS Agent Sandbox, Agent Security Center, AI Security Guardrails 2.0 and Agentic SOC.
The services are aimed at companies seeking to move AI agents from experimental projects into production environments, where governance, reliability and security become more demanding. Enterprises are increasingly looking beyond access to large language models towards infrastructure capable of operating autonomous or semi-autonomous software agents at scale.
Alibaba Cloud is pairing those services with its broader full-stack AI offering, including infrastructure, development platforms and the Qwen family of AI models. Qwen models have recorded more than 3 billion downloads globally, while developers have created more than 300,000 derivative models based on the family.
South Korean companies are already using parts of Alibaba Cloud’s AI ecosystem. Gwangju-based Gendive has integrated Alibaba models including Wan for video generation and HappyHorse for image generation into its DevDive enterprise automation platform. NAVER Z’s ZEPETO platform also uses Alibaba Cloud infrastructure to support real-time 3D avatar generation and immersive services across Asian markets.
Alibaba Cloud has built local partnerships with companies including Megazone Soft and Team Sparta, seeking to combine its infrastructure with consulting, implementation and industry-specific services. Such alliances are important in a South Korean cloud market where global hyperscalers compete with strong domestic technology groups.
Data sovereignty is another factor shaping cloud investment. Businesses handling sensitive information increasingly want workloads hosted within national borders, particularly as regulators pay greater attention to cybersecurity, resilience and governance surrounding AI systems. Alibaba Cloud says its South Korean infrastructure is designed to comply with applicable local data-protection and cybersecurity requirements.
The Korea expansion forms part of Alibaba’s wider commitment to spend about 380 billion yuan, roughly $53 billion when the programme was announced, on AI and cloud infrastructure over three years. The group has already committed substantial capital to computing capacity, chips and AI development as it attempts to establish cloud services as a larger growth engine.
Alibaba Cloud revenue rose sharply in the April-June quarter of 2026, with cloud and AI-related sales reaching about 48.4 billion yuan and growing 45% from a year earlier. The expansion has come at a cost: Alibaba’s quarterly capital expenditure climbed to nearly 67.7 billion yuan as spending on computing infrastructure and semiconductor components increased.
The company has also expanded cloud infrastructure in France, Japan, Malaysia and Mexico. With the new South Korean facility, Alibaba Cloud says its global network has reached 104 availability zones across 30 regions.
Onix is pushing a specialised model of artificial intelligence that gives individual experts control over AI systems trained on their own work, betting that trust, privacy and domain knowledge can offer an alternative to general-purpose chatbots. The Montreal-based company, co-founded by David Bennahum and Nicholas Nadeau, has concentrated initially on health and wellness, where users can interact with AI versions of recognised specialists whose knowledge bases are […]
More than 9,300 Amazon Web Services access keys exposed publicly over four years remained usable this month, including hundreds capable of giving an intruder unrestricted control of corporate cloud accounts. Security researchers examining AWS credentials exposed between August 2022 and August 2026 re-tested 10,616 complete key pairs on August 10. Some 9,308, or about 88%, still authenticated successfully, pointing to a persistent failure by organisations and developers […]
Cybersecurity investigators have linked a supply-chain attack on three widely used Rust software packages to infrastructure associated with North Korean threat actors, raising fresh concerns over attempts to compromise developers before applications are even built. Malicious versions of arrayref, internment and append-only-vec were published on crates. io, the official package registry for the Rust programming language, on August 20. The altered releases introduced a dependency called proc-macro1, […]
BEIJING, CHINA– Media OutReach Newswire – 24 August 2026 – The 2nd World Humanoid Robot Games opened yesterday at Beijing’s National Speed Skating Oval, also known as the “Ice Ribbon.” As another real-world validation of 5G Capital in robotics and embodied AI, China Unicom Beijing and Huawei have built an integrated digital foundation powered by a 5G-A GigaUplink network, supporting intelligent event operations, robot competition, and spectator experiences. The deployment also lays a connectivity foundation for humanoid robots to move beyond the arena and into everyday life. Across Beijing, 5G Capital’s region-wide GigaUplink network is providing ubiquitous, secure, and reliable connectivity for a growing range of cultural tourism, embodied AI, and Mobile AI applications and events.
China Unicom Beijing and Huawei Power the 2nd World Humanoid Robot Games with 5G-A GigaUplink
This year’s Games feature major upgrades in both scale and competition design. A total of 1,301 competitions across 51 events will see 2,056 humanoid robots from 666 teams worldwide take part. The number of events has nearly doubled from 26 in the inaugural Games to 51 this year, with new high-intensity head-to-head events such as table tennis and kickboxing. Scenario-based competitions have also expanded into real-world settings including industrial production, hotels, homes, and logistics, while dance events place greater emphasis on synchronized movement across multiple robots. More autonomous competition formats and significantly higher task complexity are placing stringent demands on networks for high-capacity uplink, millisecond-level responsiveness, and high reliability, supporting real-time robot telemetry, precise control signaling, and multi-robot coordination.
To meet these requirements, China Unicom Beijing and Huawei deployed a dedicated 100 MHz network, complemented by a 300 MHz LampSite ultra-wideband indoor network, to support real-time robot telemetry and precise signaling exchange. A dedicated 5QI 7 slice combined with carrier isolation keeps end-to-end latency for humanoid robots within 30 milliseconds, supporting millisecond-level decision-making and response while helping ensure the precision of multi-robot coordination, obstacle avoidance, and fine-motion control.
By further integrating the dedicated network with BeiDou RTK (Real-Time Kinematic) positioning, the solution delivers decimeter- to sub-decimeter-level positioning accuracy, supporting autonomous navigation, agile obstacle avoidance, and precision racing in complex environments. On-site tests recorded a peak uplink speed of 1 Gbps, with average latency below 30 milliseconds.
While safeguarding mission-critical connectivity for the robots, China Unicom has also made the network experience of on-site spectators a priority. To address the high-density, heavy-traffic demands of large crowds, network resources and service assurance policies are dynamically adjusted according to different phases and areas of the event, including admission, waiting, competition, and departure. Core services such as instant messaging, ticket inquiries, QR-code admission, and mobile payments are prioritized for stable access, while the network also accommodates data-intensive services such as photo uploads, short-video sharing, and live streaming. This allows spectators to stay connected, interact seamlessly, and share highlights in real time even during peak traffic periods.
On the operations side, China Unicom has also developed China’s first embodied AI robot management platform designed for event scenarios. Through a unique network ID assigned to each robot, event staff can monitor its location within the venue, competition status, and operational metrics in real time, creating a closed-loop operations and management system.
China Unicom and Huawei Together Advancing the 5G Capital initiative
Yang Lifan, Deputy General Manager of China Unicom Beijing, said: “This network deployment is not only a real-world test of China Unicom’s network capabilities; it will also help us accumulate valuable network assurance experience for the large-scale deployment of embodied AI. China Unicom will continue to build on the experience gained through the 5G Capital initiative and turn technological innovation into tangible and replicable network capabilities for the Mobile AI era. In doing so, we aim to support industrial innovation and help bring Chinese solutions to the world with China Unicom’s expertise.”
David Li, President of Huawei’s Wireless TDD Product Line, said: “The 2nd World Humanoid Robot Games have provided a compelling real-world validation of the 5G-A 100 MHz GigaUplink network based on 3.5 GHz 2CC + 2.1 GHz SUL for embodied AI scenarios. Looking ahead, Huawei will continue to work with China Unicom Beijing to strengthen uplink capabilities and advance spectrum coordination, building multidimensional network capabilities with tiered and differentiated service assurance for multimodal device-to-cloud transmission. This will enable real-time interaction and precise control across a wide range of embodied AI scenarios.
“Networks are about more than speed. Low latency, high reliability, and ubiquitous coverage are equally important. Building on these capabilities, we will further advance the 5G Capital initiative, continue to expand the boundaries of network performance, and lay a solid foundation for the Mobile AI era, working with industry partners to enable an intelligent future.”
Hashtag: #Huawei #WorldHumanoidRobotGames
The issuer is solely responsible for the content of this announcement.
Iran’s rial plunged through the psychologically important barrier of two million to the US dollar on Monday, setting a record low as tighter sanctions, accelerating inflation and dwindling access to foreign currency intensified pressure on the economy. The currency traded at about 2.02 million rials per dollar on the open market, extending a sharp sell-off that has gathered pace during August. The fall marks another milestone in […]
From surging sports interest to last-minute purchase, Hong Kong users are eager for greater access to live entertainment experiences
HONG KONG SAR – Media OutReach Newswire – 24 August 2026 – With the excitement of football events and chart-topping concerts still reverberating across the city, Hong Kong is carrying the momentum into a vibrant summer of live entertainment. Capturing the pulse of the moment, MoreTickets, Asia’s No.1* live event ticket resale platform, releases Hong Kong’s top international and local live events[1] scheduled for the summer period (July and August), alongside consumer insights into platform users’ ticket-buying behavior.
Concerts Top Summer Searches as Sports Interest Surges
MoreTickets offers a wide range of live entertainment events worldwide, including popular concerts, sporting events, theatre performances and many more. Concerts continue to drive the summer entertainment landscape, capturing the majority of user interests. According to MoreTickets data1, the “Concert” category accounts for nearly two-thirds of all searches for live events or shows scheduled in July and August, reinforcing the city’s demand for major headline acts. Interest in “Sports” category is also rising, with searches up about 150% year on year, reflecting heightened appetite for major matches and global tournament moments this summer.
Top 10 Most–Searched Live Events Scheduled for July and August[1]:
Rank
Event Name
Category
Location
Show Date
1
AXA Presents: You & Mi Sammi Cheng Live at Hong Kong Kai Tak Stadium 2026
Concert
Hong Kong
July 10-12, 2026
2
MC Cheung E=MC² Concert 2026
Concert
Hong Kong
July 7-11, 2026
3
Hong Kong Football Festival (HKFF) 2026
Sports
Hong Kong
July 31-August 5, 2026
4
FIFA World Cup 2026
Sports
Overseas
June 11-July 19, 2026
5
CTF Life Title-sponsors: 2026 TMElive International Music Awards
Award Ceremony
Hong Kong
August 22-23, 2026
6
NMIXX 1ST WORLD TOUR <EPISODE 1: ZERO FRONTIER> IN HONG KONG
Concert
Hong Kong
July 25-26, 2026
7
The Music of Chan Fai Young: King of Pop
Concert
Macau
July 24-26, 2026
8
Hins Cheung UNPLUGGED 2 Second Movement Concert
Concert
Macau
July 24-26, 2026
9
LiSA – LiVE is Smile Always~15~ in Hong Kong
Concert
Hong Kong
July 18, 2026
10
ILLIT LIVE ‘PRESS START’ in HONG KONG
Concert
Hong Kong
August 22-23, 2026
Local Hong Kong artists and city-based performances remain highly searched, representing more than 70% of total searches, led by Sammi Cheng and MC Cheung, two renowned local singers who appeal spans generations. Fueled by global FIFA World Cup fever, the Hong Kong Football Festival emerged as a breakout hit, ranking the third among the top searches.
Hong Kong Live Event Goers Made Last-Minute Purchase, and Rise in Single-Ticket Purchases
In Hong Kong, MoreTickets users are deciding closer to the event date. MoreTickets purchase data[2] shows that nearly two out of five ticket transactions were made within seven days of the show (37%), signaling a more spontaneous approach to live entertainment planning. This last-minute pattern is strongest in event categories such as pop music concerts (55%) and fan meetings (40%). Among those last-minute buyers, 60% of the purchases opted for single-seat tickets, underscoring strong eagerness to attend live shows, supported by the platform’s real-time availability andtransparent pricing. MoreTickets helps users compare across the spectrum and secure the best fit with confidence.
Top 10 Events Purchased Within 7-Days of Event Date in May 2:
Rank
Event Name
Category
Location
Show Date
1
FAMA (Nongfu): The Funniest Concert in All Hong Kong
Concert
Hong Kong
May 8-10, 2026
2
Sun Life Presents: SANDY LAM RESONANCE
Concert
Hong Kong
May 16-17, 2026
3
Laufey: A Matter of Time Tour in Hong Kong
Concert
Hong Kong
May 12, 2026
4
Hang Seng Insurance Presents: 25+ EEG Family Concert
Concert
Hong Kong
May 3-4, 2026
5
b.balance Presents Live Band Concert|<3 symbol of love | MC Cheung x CONSTANCE x Gareth.T
Concert
Hong Kong
May 16, 2026
6
K-SPARK in MACAU
Music Festival
Macau
May 2, 2026
7
EXO PLANET #6 – EXhOrizon in MACAU
Concert
Macau
May 22-23, 2026
8
IVE WORLD TOUR <SHOW WHAT I AM> IN MACAO
Concert
Macau
May 23-24, 2026
9
2025-26 TREASURE TOUR [PULSE ON] in Hong Kong
Concert
Hong Kong
May 9, 2026
10
UFC Fight Night Macau and Road to UFC
Sports
Macau
May 28-30, 2026
A Safer Way to Find Tickets with MoreTickets
As live entertainment demand becomes more immediate and fragmented, many consumers still struggle when trying to secure tickets through various channels. MoreTickets offers an alternative as a safer platform with real-time availability, transparent-priced listing, and a secure refund guarantee, making it a reliable choice for live-event goers. It operates with two core safeguards – vetted sellers supported by a verified ticket-sourcing network, and escrow-based payment held until successful event entry.
Trusted by millions of users, MoreTickets helps users secure ticket access safely, ensuring they can enjoy the live entertainment moments that matter.
[1] The analysis is based on H1 2026 search activity on MoreTickets platform, filtered to events scheduled in July and August 2026.
[2] The analysis is based on purchase activity during 1 to 31 May 2026 on MoreTickets platform.
Hashtag: #MoreTickets
The issuer is solely responsible for the content of this announcement.
About MoreTickets
MoreTickets is Asia’s No.1* live event ticket resale platform, dedicated to providing convenient, secure, and hassle-free ticketing services. The platform covers a wide range of live entertainment, including popular concerts, sporting events, theatre performances, and more. To date, MoreTickets is trusted by millions of users in Hong Kong and Macau, with its ticket sourcing network spanning major global live events across Hong Kong, Macau, Taiwan, as well as Japan, South Korea, Southeast Asia, Australia, Europe and the Americas.
By integrating comprehensive event information and ticket sources, MoreTickets helps users quickly search and compare options while offering end-to-end services, including secure payment, order protection, and post-sale support. The platform is committed to delivering a seamless, intuitive, and reliable ticketing experience, ensuring users never miss out on their most anticipated shows.
*Measured by GMV of live event ticket resale platform in Asia in 2025 (According to Frost & Sullivan’s research on the live event resale platform industry in Asia, as of May 2026
Autonomous AI Attack-and-Defence Demonstrates Next-Generation Cybersecurity Talent and Advance Regional Digital Security Talent Development
HONG KONG SAR – Media OutReach Newswire – 23 August 2026 – The AI x Cybersecurity Challenge, jointly organised by the Digital Policy Office of the Hong Kong Special Administrative Region Government, the Chinese Academy of Cyberspace Studies, the Hong Kong Cybersecurity Professional Association, and China Mobile Hong Kong Company Limited, and co-organised by Hong Kong Cyberport Management Company Limited, the Cyber Security and Technology Crime Bureau of the Hong Kong Police Force, the Hong Kong Productivity Council, Venustech Group Inc., and Hong Kong Cloud Peak Technology Co., Limited, held the Finals today.
Following a 12-hour online qualifying round, a total of 40 teams advanced to the Final Competition, including 20 teams from the Chinese Mainland, 18 from Hong Kong, and two from overseas regions. The Challenge adopts an innovative AI-Driven Dual (AID) competition format, in which artificial intelligence (AI) executes the competition and enables autonomous defence by AI agents. Teams of up to three members showcase their capabilities in leveraging AI technologies for automated vulnerability discovery and exploitation, competing for total prize money of HK$180,000.
The event brings together representatives from Government, industry, academia and research organisations to witness the latest developments in AI-powered cybersecurity innovation. Officiating guests at the Opening Ceremony included Professor SUN Dong, JP, Secretary for Innovation, Technology and Industry, Mr LI Shuguang, Director-General of the General Office of the Liaison Office of the Central People’s Government in the HKSAR, Mr WANG Jiang, Director-General of the Chinese Academy of Cyberspace Studies, Mr Daniel CHEUNG, JP, Acting Commissioner for Digital Policy, Mr WANG Minwei, Deputy Director of the Cyberspace Administration of Guangdong Province, Dr Rocky CHENG, JP, President of the Hong Kong Cybersecurity Professional Association, and Ms SHI Xiaoping, Director and Chief Executive Officer of China Mobile Hong Kong Company Limited.
In his opening remarks, the Secretary for Innovation, Technology and Industry, Professor Sun Dong, said that AI is reshaping every aspect of people’s life at a breathtaking speed. He noted that although innovation may at times bring new threats, these same technologies can also spur defensive capabilities. As such, the Government champions an “AI versus AI” strategy, leveraging AI to forge the strongest shields to effectively manage risks associated with the use of AI.
Professor Sun added that the Government is continuously strengthening related policies, guidelines and ethical frameworks, as well as conducting regular cyber-attack-and-defence drills to better prepare for cybersecurity readiness. Through multi-pronged efforts, the Government hopes to guide society to apply AI responsibly, foster a healthy ecosystem, and strengthen city-wide resilience in face of cyber attacks.
Addressing AI-Era Cybersecurity Challenges Through Talent Development
The rapid advancement of AI is reshaping the global cybersecurity landscape. AI has evolved from a supporting tool for security analysis and threat monitoring into a technology capable of autonomously constructing attack chains and bypassing existing defence mechanisms. This has significantly lowered the technical barriers to cyberattacks, making sophisticated attack techniques more automated and accessible. Threat actors can leverage AI for intelligent vulnerability discovery, automated penetration testing, and even the creation of highly convincing deepfake content, enabling stealthier and more persistent cyberattacks.
As emerging threats such as model security risks, data poisoning, model theft, phishing attacks, supply chain vulnerabilities and automated exploitation continue to evolve, the demand for interdisciplinary talent with expertise in both AI and cybersecurity is becoming increasingly urgent. In response, the organisers aim to promote the practical application of AI technologies through this hands-on competition while cultivating a new generation of cybersecurity professionals equipped with cross-disciplinary expertise.
AI-Driven Attack-and-Defence Competition Platform
Unlike traditional Capture the Flag (CTF) competitions, this year’s Challenge adopts an innovative AI-Driven (AID) competition format. Participating teams leverage AI-powered automated systems to analyse the competition environment provided by the organisers, identify vulnerabilities and exploit them. The automated capabilities of the AI agents include information gathering, vulnerability discovery and flag submission. The competition environment incorporates both vulnerabilities found in real-world scenarios and simulated zero-day vulnerabilities that may exist in software systems.
The challenge design draws on concepts from international cybersecurity competitions and incorporates practical operating scenarios as well as simulated zero-day attack-and-defence environments, testing participants’ ability to apply AI technologies to real-world cybersecurity challenges. The Challenge aims to enhance participants’ practical attack-and-defence experience and innovation capabilities, promote the research and application of AI security technologies, and nurture a new generation of cybersecurity talent equipped with both strategic vision and practical expertise. Through these efforts, the competition seeks to strengthen capabilities in addressing AI-driven cyber threats.
Government, Industry, Academia and Research Communities Join Forces to Advance AI Security
This year’s Challenge brings together stakeholders from government, industry and research institutions to drive innovation in AI security technologies, strengthen cybersecurity capabilities and cultivate future talent.
Mr Wang Jiang, Director-General of the Chinese Academy of Cyberspace Studies, said, “AI technologies are reshaping the global cyber attack-and-defence landscape. While they lower the barriers to cyberattacks, they also drive the evolution of security protection from reactive response to proactive and intelligent defence. In this technological contest, using technology to counter technology has become an inevitable trend. By focusing on practical AI attack-and-defence capabilities, this competition aims to identify emerging talent and contribute to building a more trustworthy and intelligent cyberspace.”
Ms Shi Xiaoping, Director and Chief Executive Officer of China Mobile Hong Kong Company Limited, said, “As one of the organisers of this competition, China Mobile Hong Kong has devoted substantial resources to building an innovative AI attack-and-defence competition platform. Through continuous technology investment and ecosystem development, we actively fulfil our corporate social responsibility while showcasing Hong Kong’s innovation and leadership in AI cybersecurity to the world.”
Dr Rocky CHENG, JP, President of the Hong Kong Cybersecurity Professional Association, concluded, “AI-driven cyberattacks and agentic AI-related risks have emerged as some of the most significant cybersecurity threats today. Against this backdrop, cultivating interdisciplinary talent with expertise in AI system design, development and practical attack-and-defence capabilities has become an important pillar in strengthening Hong Kong’s overall cyber resilience.”
The Awards Presentation Ceremony will be held in late September 2026 during the China Cybersecurity Week to recognise teams that have demonstrated outstanding performance in the competition. The organisers encourage enterprises and organisations to continuously strengthen their cybersecurity governance, regularly review information system risks, enhance data protection measures and improve cyber incident response capabilities. Young talents are also encouraged to pursue opportunities in artificial intelligence and cybersecurity, developing their expertise through training, professional certifications and hands-on competitions. Members of the public and organisations may also make use of the cybersecurity information, training programmes and support services provided by the Hong Kong Computer Emergency Response Team Coordination Centre (HKCERT) and other relevant organisations, helping to foster a safer, more secure and trustworthy digital ecosystem.
1. The Finals of the AI x Cybersecurity Challenge.
2. Officiating guests, including Dr Rocky CHENG, JP, President of the Hong Kong Cybersecurity Professional Association,Mr Daniel CHEUNG, JP, Acting Commissioner for Digital Policy, Mr LI Shuguang, Director-General of the General Office of the Liaison Office of the Central People’s Government in the HKSAR, Professor SUN Dong, JP, Secretary for Innovation, Technology and Industry, Mr Wang Jiang, Director-General of the Chinese Academy of Cyberspace Studies, Mr WANG Minwei, Deputy Director of the Cyberspace Administration of Guangdong Province and Ms Shi Xiaoping, Director and Chief Executive Officer of China Mobile Hong Kong Company Limited (from left to right) preside over the launch ceremony of the AI x Cybersecurity Challenge, marking the official commencement of the competition.
3. Officiating guests and representatives of the organisers and co-organisers, including Hong Kong Productivity Council, pose for a group photo at the Opening Ceremony, demonstrating their shared commitment to advancing innovation in AI and cybersecurity and nurturing regional AI security talent.
4. Professor Sun Dong, JP, Secretary for Innovation, Technology and Industry, delivers a speech at the Opening Ceremony, pointing out that AI is reshaping every aspect of people’s life at a breathtaking speed. He noted that although innovation may at times bring new threats, these same technologies can also spur defensive capabilities. As such, the Government champions an “AI versus AI” strategy, leveraging AI to forge the strongest shields to effectively manage risks associated with the use of AI.
5. The 40 finalist teams showcase innovative AI-driven cybersecurity technologies by independently designing and deploying autonomous AI agents to compete in a simulated attack-and-defence environment.
The issuer is solely responsible for the content of this announcement.
About Hong Kong Computer Emergency Response Team Coordination Centre
Managed by the Hong Kong Productivity Council (HKPC), Hong Kong Computer Emergency Response Team Coordination Centre (HKCERT) is the centre for coordination of computer security incident response for local enterprises and Internet Users. Its missions are to facilitate information disseminating, provide advices on preventive measures against security threats and to promote information security awareness.
HKCERT collaborates with local bodies to collect and disseminate information, and coordinate response actions. HKCERT is also a member of the Forum of Incident Response and Security Teams (FIRST) and the Asia Pacific Computer Emergency Response Team (APCERT). We exchange information with other CERTs and act as a point of contact on cross-border security incidents.
About the Hong Kong Productivity Council
The Hong Kong Productivity Council (HKPC) is a statutory body established in 1967, dedicated to enhancing the productivity and competitiveness of Hong Kong enterprises through world-class applied R&D, innovative technology services, and integrated manufacturing solutions. As a market-oriented, international R&D organisation, HKPC leverages its deep expertise and extensive industry experience in key areas such as AI, advanced manufacturing, life and health technology, green technology and new energy to drive new industrialisation and support the growth of emerging and future industries.
HKPC focuses on addressing businesses challenges and industrial technology needs, promoting the full integration between technological and industrial innovation. Through technology transfer, product innovation, intellectual property protection and commercialisation of R&D outcomes, the Council fosters collaboration with the local business community as well as top global R&D institutions, delivering added value to industries and advancing the development of new productive forces. HKPC’s world-class R&D achievements have been widely recognised over the years, winning an array of local and overseas accolades, reinforcing Hong Kong’s role as an international innovation and technology centre and a smart city.
To help enterprises capitalise on Hong Kong’s strengths in international connectivity to expand into global markets, HKPC offers comprehensive overseas expansion services tailored to critical areas including product development, technology, manufacturing, and management, enabling businesses to successfully go global from Hong Kong.
HKPC is also committed to providing timely and practical support to SMEs and startups with timely and practical , assisting them in accessing Government funding programmes. Through its FutureSkills training initiatives, HKPC helps both industry and academia stay ahead in latest digital and STEM technologies, nurturing a future-ready talent pool for Hong Kong.
For more information, please visit HKPC’s website: www.hkpc.org/en.
TDCX has opened a second campus in Hyderabad as the global customer experience company scales its operations in the country after increasing its local workforce by more than 600% over three years.
The new facility at Meenakshi Eco Park strengthens Hyderabad’s position within TDCX’s international delivery network and makes the country its fourth-largest operations base. The expansion is aimed at supporting global technology and digital economy clients requiring customer experience, sales, digital support and technology-enabled services.
The campus was formally opened on August 20 by TDCX founder and chief executive Laurent Junique, alongside Group chief information officer and executive vice-president Byron Fernandez and country director Ananth Premkumar.
The move marks a substantial expansion from TDCX’s initial entry into the market in 2022, when it established a 45,000 sq ft operation at Skyview 20 in Hyderabad’s technology corridor. That facility was designed both as a customer experience delivery centre and a digital innovation hub, with the company initially targeting specialists in software development and emerging technologies.
TDCX said the expansion reflects strong demand for services delivered from Hyderabad and the availability of skilled employees across technology, sales and customer operations. Its local business has developed from a relatively small start-up operation into a significant delivery centre serving international accounts.
The company’s growth also points to a wider shift in the outsourcing sector. Customer experience providers are increasingly moving beyond conventional voice-based support towards higher-value work covering digital sales, content operations, artificial intelligence-assisted customer service, trust and safety and technical support.
Hyderabad has benefited from that transition because of its established technology ecosystem and large pool of engineering and multilingual talent. Global technology, financial services and digital businesses have expanded operations in the city, while major property transactions during 2026 have underlined continued demand for large technology campuses.
TDCX operates in sectors including technology, e-commerce, digital advertising, financial services, travel, gaming and social media. Its services range from customer acquisition and sales to customer support and online community protection, placing its delivery centres at the intersection of the business process outsourcing and technology services industries.
The company currently operates dozens of locations across Asia-Pacific, Europe and the Americas and has more than 20,000 employees globally. Its network has expanded beyond its traditional Southeast Asian strongholds as clients seek greater geographic diversification and access to specialised talent.
The Hyderabad investment comes as the outsourcing industry adapts to rapid advances in generative artificial intelligence. Automation is increasingly handling routine customer queries, prompting service providers to focus employees on more complicated interactions, sales activity, problem resolution and specialist support.
Rather than eliminating the need for large delivery centres, the shift is changing the skills expected within them. Providers are investing in analytics, automation tools, AI-assisted workflows and employee training while competing for workers capable of managing sophisticated customer interactions.
For TDCX, the scale-up in Hyderabad offers access to a workforce that can support those higher-value functions while maintaining the cost and operating advantages associated with major outsourcing locations. The company has previously identified the city’s technology talent as a factor behind its decision to establish its first operation there.
The new campus also gives TDCX additional capacity as global companies review the resilience of their service networks. Businesses increasingly spread operations across several locations to reduce concentration risks and ensure uninterrupted customer support across different time zones.
That trend has strengthened the position of established technology hubs capable of handling large international accounts. Hyderabad competes with Bengaluru, Chennai, Pune and the National Capital Region for investment from technology companies, global capability centres and business services providers.
TDCX’s expansion is significant because its workforce growth in the country has occurred even as parts of the global technology and outsourcing industries have faced pressure to improve productivity and restrain costs. The company has continued to build capacity in markets where it sees demand for specialised digital customer experience services.
The Meenakshi Eco Park operation will complement the existing Hyderabad facility rather than replace it, giving TDCX a larger local platform from which to support international clients.
The company is also positioning workplace design and employee development as elements of its expansion strategy as competition for skilled customer experience and technology professionals intensifies. Its campuses combine operational delivery areas with training and collaborative spaces intended to support technology-enabled working.
Artificial intelligence is accelerating both cyber attacks and defensive capabilities across India’s securities market, prompting the Securities and Exchange Board of India to warn that gaps in technology, skills and third-party security could expose the wider financial ecosystem. SEBI Executive Director Avneesh Pandey has described cybersecurity as an escalating contest in which attackers repeatedly probe financial systems while gaining access to increasingly sophisticated AI-enabled tools. The technology […]
xAI’s Grok chatbot has begun producing nonsensical strings of words for some users, exposing a reliability problem at a time when the company is rapidly expanding the capabilities and reach of its artificial intelligence models. The malfunction has affected a subset of people using Grok Lite through Grok. com, with complaints emerging from Wednesday, August 19. Instead of answering prompts normally, the chatbot has returned paragraphs consisting […]