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Hashtag: #ECOVACS

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Held under the theme “Run · Build · Protect: Driving the Future with the Power of AI,” the forum showcased how enterprises across Asia Pacific are rethinking traditional infrastructure strategies and adopting integrated cloud platforms designed to simplify operations, strengthen security, and support long-term AI-driven growth.

A major focus throughout the event was the growing market demand for VMware alternatives following industry-wide changes to licensing and infrastructure costs. Sessions explored how organizations are seeking more flexible, cost-efficient virtualization platforms that can support both traditional enterprise workloads and future AI-driven operations. Discussions also highlighted SCMT (Sangfor Cloud Management Tool), designed to support seamless VMware migration to Sangfor Cloud.

During the forum, Sangfor showcased its integrated cloud infrastructure platform, combining compute, storage, networking, organization , and built-in cybersecurity into a unified architecture designed to reduce operational complexity and simplify migration from legacy virtualization environments.

The event also highlighted Sangfor’s AI-ready infrastructure capabilities, including support for virtual machines, containers, AI workloads, and integrated storage management through a single platform.

Keith Lee, Cloud Business Director, Sangfor Technologies, said: “Across the region, organizations are reassessing legacy virtualization strategies and looking for platforms that can provide greater flexibility, operational simplicity, and long-term scalability. Businesses today need infrastructure that combines cloud, security, AI readiness, operational efficiency and friendly licensing policies within a single platform. This is driving growing interest in next-generation VMware alternatives that can support both current enterprise requirements and future AI-driven growth.”

Lee added that Sangfor continues to expand investment across Southeast Asia, with Thailand identified as one of the company’s fastest-growing markets in the region.

The forum also featured discussions around infrastructure resilience, cloud-native applications, Zero Trust security strategies, and AI-powered operations, alongside customer case studies and live demonstrations showcasing enterprise transformation initiatives across both public and private sectors.

Sarayut Siragulthiraphong, Presales Consultant, Sangfor Thailand, added: “Successful AI adoption requires more than just AI applications themselves. Organizations also need infrastructure that is secure, scalable, and capable of supporting evolving workloads.”

Sangfor was joined by partners including Cohesity, Veeam, Sundray, IT Green, VR Comm, VST ECS, and TechHub, highlighting a collaborative ecosystem supporting enterprise transformation across Asia Pacific.

Sangfor will continue the Executive Forum series across key markets in the region, with upcoming events planned:

• 5/6/2026 Turkey (Istanbul)
• 5/7/2026 Thailand
• 5/10/2026 Saudi Arabia (Jeddah)
• 5/14/2026 Turkey (Ankara)
• 5/12-15/2026 Middle East & Africa (Shenzhen)
• 5/17/2026 Saudi Arabia (Riyadh)
• 5/21/2026 Malaysia
• 6/3/2026 Philippines
• 6/5/2026 Vietnam
• 6/9/2026 Europe (Italy)
• 6/11/2026 Indonesia
• 6/24/2026 Hong Kong

For more information, please visit https://www.sangfor.com

Hashtag: #SangforTechnologies

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ABOUT SANGFOR TECHNOLOGIES

Sangfor Technologies is a global provider of cloud infrastructure and cybersecurity solutions, headquartered in Shenzhen (China). Founded in 2000, the company serves over 100,000 customers worldwide across 22+ countries and regions. Sangfor delivers AI-enabled cloud infrastructure that integrates compute, storage, network and built-in security into a unified platform, helping organizations simplify digital and AI transformation.

With a strong focus on innovation and customer success, Sangfor is also recognized as a proven VMware alternative, offering enterprise-grade solutions for infrastructure modernization, migration, and operational efficiency.

For more information, visit https://www.sangfor.com

By Nantoo Banerjee India’s continuous hesitancy to curb the retail oil consumption pattern despite a worldwide surge in fuel prices is inexplicable, if not unacceptable. The government, the biggest benefactor of large domestic fuel use by way of imposition of levies close to 50 percent of the retail oil prices, is not prepared to ration […]

The article India Needs To Curb Oil Consumption appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

The sharpest pressure has fallen on long-dated Japanese government bonds, where the 30-year yield has climbed above 4 per cent, reaching a record since the maturity was introduced in 1999. The 10-year yield has also risen to around 2.8 per cent, its highest level in nearly three decades, marking a decisive break from the low-yield era that defined Japan’s markets for much of the post-deflation period.

The selloff has rippled across global debt markets. US Treasury yields have moved higher, with the 30-year yield testing levels above 5 per cent, while Germany’s benchmark bonds and UK gilts have also weakened. Bond prices move inversely to yields, meaning the surge in yields reflects heavy selling by investors who are demanding greater compensation for inflation, fiscal risk and uncertain central bank policy.

Rising oil prices are the immediate catalyst. Brent crude has moved above $100 a barrel as geopolitical tensions in the Middle East disrupt energy flows and heighten concerns over import costs for major economies. For Japan, which relies heavily on imported energy, the oil shock carries a particularly direct inflationary threat. A weaker yen has amplified the impact, increasing the local-currency cost of fuel, food and other imported goods.

Japan’s inflation backdrop has become more difficult for policymakers. Consumer prices have remained above the Bank of Japan’s 2 per cent target for an extended period, while corporate goods prices have shown persistent pressure from energy, raw materials and logistics costs. Investors are now pricing in a greater chance that the central bank will raise interest rates again, possibly as early as its next policy meetings, after years of extraordinary accommodation.

Fiscal concerns are adding to the strain. Tokyo is preparing additional spending to cushion households and businesses from rising fuel and utility costs, but fresh borrowing could worsen concerns over debt sustainability. Japan’s public debt is already among the highest in the developed world, making long-term bond investors more sensitive to any increase in issuance. The prospect of larger supply has hit demand for longer maturities, where insurers, pension funds and banks traditionally played a stabilising role.

The Bank of Japan faces a delicate balance. Raising rates too quickly could unsettle growth and worsen losses in bond portfolios held by financial institutions. Moving too slowly could allow inflation expectations to become entrenched and place further pressure on the yen. The central bank has already scaled back its dominance of the bond market compared with the period of yield-curve control, leaving prices more exposed to market forces.

Global investors are also reassessing the role of government bonds as a safe asset. During earlier market shocks, US Treasuries, German Bunds and Japanese government bonds often rallied as investors sought protection. The current episode is different because the shock is inflationary rather than deflationary. Higher energy prices reduce household purchasing power, raise business costs and complicate the task of central banks that had hoped to cut rates or keep policy steady.

The selloff has implications beyond financial markets. Higher sovereign yields raise funding costs for governments already facing pressure from defence spending, ageing populations, energy subsidies and climate-related investment. They also affect mortgage rates, corporate borrowing and equity valuations. Technology shares and other growth-sensitive assets tend to come under pressure when long-term yields climb, because future earnings are discounted more heavily.

Japan’s shift is especially important because its low yields long encouraged domestic investors to buy overseas bonds. As yields rise at home, insurers and pension funds have less incentive to take currency risk abroad, potentially reducing demand for US and European debt. That repatriation effect could intensify volatility in global markets if Japanese institutions continue to rebalance portfolios.

Tech Giants Microsoft, Adobe, BytePlus, HP, and iFLYTEK Headline the Event; Over 10,000 Professional Visits Expected to Bridge the “Deployment Gap” through High-Impact Exhibitions, Strategic Summits, and Hands-on Skills Labs

HONG KONG SAR – Media OutReach Newswire – 18 May 2026 – 2026 represents a definitive turning point as Artificial Intelligence transitions from experimental “pilot” phases to industrialized, enterprise-scale implementation. AI+ Power 2026, Hong Kong’s premier exhibition & conference for commercial AI applications, returns to the Hong Kong Convention and Exhibition Centre (HKCEC) from 4-5 Jun 2026. Now in its sixth edition, the event actively responds to the HKSAR Government’s “AI+” development strategy. Under the theme “AI+ Power in Action,” the expo focuses on how AI creates value and unlocks new market opportunities for enterprises. By showcasing a diverse array of AI solutions on-site, the event empowers businesses to remain competitive in an increasingly challenging business environment.

The 2026 Enterprise Imperative: Beyond Prompting – Agentic AI Enters the Era of Autonomous Execution

For today’s business leaders, the challenge is no longer understanding AI — it is choosing the right tools and applying them effectively. According to Gartner’s 2026 Strategic Trends, the enterprise landscape has moved beyond the initial GenAI hype into the era of Agentic AI — autonomous systems capable of independent decision-making and workflow execution. While most enterprises have begun AI deployment, the ultimate differentiator for 2026 is achieving the transition from “conversation to execution” and securing a measurable Return on Investment (ROI).

Culsin Li, Founder and Chief Visionary Officer of AI+ Power, noted: “In 2026, the most critical executive skill is becoming leaders who can strategically direct AI adoption. With AI applications entering the ‘no-code’ era, technical implementation is no longer the primary hurdle; the focus for leadership returns to the core of business: identifying operational pain points and defining strategic needs. AI+ Power 2026 serves as a premier platform where attendees can gain insights from expert-led case studies and source ready-to-deploy AI solutions to immediately resolve bottlenecks. We provide a comprehensive one-stop ecosystem, enabling decision-makers to transition seamlessly from strategic inspiration to procurement and final implementation.”

AI+ Power 2026 features six high-impact pillars designed to accelerate AI adoption:

Pillar 1: AI+ Summit – Strategic Roadmaps for Vertical Transformation

The AI+ Summit features a formidable roster of global pioneers, including Microsoft, HP, Adobe, BytePlus, and iFLYTEK, who will dissect the shift from smart office revolutions to autonomous AI agents.

To address the critical pillars of corporate governance and financial practice, the Summit has curated two flagship strategic forums:

• CEO Panel: AI Transformation for Hong Kong’s Legacy Leaders — Moderated by Dr. Toa Charm, Chairman of the Data and AI Literacy Association (DALA), this session explores how C-suites navigate AI strategy and talent governance while balancing technological innovation with business value creation. It also examines how leaders can accelerate the scalable adoption of AI across Hong Kong, the Greater Bay Area (GBA), and Asia to ensure AI visions translate into tangible organizational impact.
• FinTech 2.0: From Future of Work to Agentic Workflows — Moderated by Mr. Peter Koo, Convenor, FinTech Specialist Group of Hong Kong Computer Society. Partners from the “Big 4” (EY, Deloitte, KPMG, and PwC) will share the stage for a rare joint session to dismantle how Agentic AI automates KYC and risk monitoring, and explores “Data-to-Revenue” pathways. The forum will also address the convergence of AI with Tokenisation, Stablecoins, Digital Assets, and RegTech.

The Summit will also cover MarTech, enterprise productivity, retail, and education, featuring leaders from MTR Lab, HSBC, Maxim’s Group, Hong Yip, HKT, PrimeCredit, and Logitech, alongside academic representatives.

Pillar 2: AI+ Expo – The Modern Workplace & Smart Living Revolution

Industry leaders Canon HK, Logitech, Shure, and iFLYTEK will demonstrate how AI-driven hardware eliminates operational friction, allowing teams to focus on core creativity.

Pillar 3: AI+ Skills Lab — Zero-Barrier Mastery for Decision Makers

To address the enterprise talent gap, the AI+ Skills Lab has been launched this year to provide hands-on, practical training. Led by a team of veteran practitioners including Arik Chan from GDG HK (CISSP-certified), Frankie Wu from GDG HK and also Founder of Nexamind AI, and Roland Leung, Director of Datality Lab, the lab is tailor-made for non-technical decision-makers. It emphasizes a “small-class, laptop-ready” approach; featured highlights include OSINT-driven fraud detection using Google Gemini, the deployment of privacy-safe enterprise AI agents, and rapid AI-powered commercial video creation using Seedance 2.0 and KlingAI 3.0. This practical experience empowers participants to “Learn Today, Apply Tomorrow,” transforming AI into real-world productivity.

Pillar 4: Embodied AI & Robotics — The First “Smart Living Experience Zone”

Breaking away from pure software solutions, the event debuts the first “Smart Living Experience Zone,” presenting the physical manifestation of AI integrated with robotics in environmental management, medical rehabilitation, and gerontech. Highlights include environmental robots capable of automatic waste classification and autonomous cleaning; medical assistant systems for physical therapy and ward delivery; and non-invasive “passive fall detection” care solutions. These innovations are setting new benchmarks for automated operations across the property management, healthcare, and social welfare sectors.

Pillar 5: AI Strategic Advisory Hub & Industry Networking — Unlocking New Business Opprtunities

The event proudly presents the “AI Strategic Advisory Hub,” a flagship initiative designed to disrupt the traditional one-way nature of business matching. Technical experts from leading providers will transform into “Consultants”, offering decision-makers immediate diagnostics and tailored deployment advice. Navigating a vast array of technical choices can be overwhelming; this “Advisory Hub” is dedicated to helping enterprises pinpoint high-ROI implementation pathways, ensuring that technology investments translate directly into tangible profitability. Furthermore, the two-day event features exclusive industry networking sessions to foster deep dialogue and strategic exchanges between technology pioneers and enterprise leaders.

Pillar 6: AI+ Power Awards 2026 — Recognizing the Future Leaders of Commercial AI

The AI+ Power Awards 2026, a highly anticipated flagship event, returns to honor the region’s most innovative, impactful, and commercially viable AI applications. This year has seen an unprecedented level of competition, and the first-round finalists have officially been announced. Shortlisted organizations in key categories such as “AI+ in Business” and “AI+ Project of the Year” include industry pioneers such as Maxim’s Group, CITIC Telecom CPC, iFLYTEK, ASTRI, and Lingnan University. The final winners will be grandly unveiled in late May.

Capturing the Momentum of AI Scaling: Building a New Era for Innovation

AI+ Power 2026 responds proactively to the HKSAR Government’s “AI+” strategy, embodying the core spirit of “AI+ Power in Action.” We are committed to transforming policy vision into commercial reality, helping enterprises successfully transition from AI “observers” to “active practitioners.”

Through high-level summit exchanges, immersive exhibition experiences, step-by-step practical training, and prestigious award recognition, we empower every attendee to seize first-mover advantages in the age of AI scaling. Together, we are driving Hong Kong’s evolution into the premier Asia-Pacific hub for commercial AI innovation.

Secure Your Advantage: Register Now

Online pre-registration for AI+ Power 2026 is now officially open. Trade visitors and industry professionals are invited to register for free admission and pre-book seats for keynote summits and hands-on Skills Lab workshops. Please note that workshop seating is limited and available on a first-come, first-served basis.

Register Now: https://bit.ly/3R9W3fC

Event Details:

• Date: 4-5 June 2026 (Thursday–Friday)
• Venue: Hall 5FG, Hong Kong Convention and Exhibition Centre (HKCEC)
• Admission: Free for trade visitors (Pre-registration required; group registration available)
• Official Website: www.aipluspower.com

Hashtag: #AIPower #AIPower2026

https://www.aipluspower.com/

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About AI+ Power’s Organizer – Baobab Tree Event Management Co., Ltd.

Baobab Tree Event Management Co., Ltd. (BTE) is a Hong Kong–based event and exhibition organizer founded in 2011, with offices in Guangzhou, Shanghai, and Beijing. With over 20 years of industry experience, the company specializes in event management, exhibition operations, marketing, sales, and on-site delivery.

The company manages the delivery of Hong Kong’s signature mega events, including the Hong Kong Chinese New Year Parade and the Hong Kong Wine & Dine Festival, both organized by the Hong Kong Tourism Board, while also developing and managing professional exhibitions across multiple industry sectors such as AI and digital technology, Food & Beverage, Veterinary, Non-Woven, Professional AV, and PCB & electronics manufacturing, serving regional and international markets.

Committed to sustainable development, the company integrates ESG principles into its operations and has completed an independent ESG assessment, achieving Level 1 status under an assessment framework developed by the The University of Hong Kong and ESG Development Co., Ltd.

Official website: www.baobab-tree-event.com

No passenger casualties or injuries were reported after railway staff stopped the Delhi-bound train and moved passengers out of coach B-1, where flames and smoke were detected during the journey through the Kota division. The incident involved train number 12431, a premium Rajdhani service linking Kerala’s capital with Hazrat Nizamuddin in Delhi.

Railway officials said the fire was reported at about 5.15am while the train was travelling between Luni Richha and Vikramgarh Alot stations, a section falling under West Central Railway’s Kota division. The affected coach was carrying 68 passengers, all of whom were removed within minutes. Staff then separated the coach from the rest of the rake as a precaution while fire and emergency teams were alerted.

Passengers from the damaged coach were accommodated in other coaches so the train could continue its journey towards Kota. Railway authorities planned to attach an additional coach at Kota to restore seating capacity and reduce disruption for those travelling to the national capital. The train had left Thiruvananthapuram on Friday and was scheduled to arrive at Hazrat Nizamuddin on Sunday afternoon.

Initial response focused on preventing the blaze from spreading to adjoining coaches. The fire was brought under control after the affected portion of the train was isolated, while railway protection personnel, operating staff, divisional officials and local emergency teams coordinated evacuation and safety checks. The cause of the fire had not been established by Sunday afternoon, and a technical inquiry was ordered.

Movement on the Mumbai–Delhi route was affected as the emergency response unfolded. Several trains were delayed or regulated because the incident occurred on a busy trunk section used by long-distance passenger and freight traffic. Railway control rooms worked to restore operations while ensuring that the damaged coach, track section and overhead systems were inspected before normal movement resumed.

A separate emergency vehicle carrying railway personnel to the site met with an accident while responding to the incident, injuring several staff members. Their vehicle reportedly overturned while rushing towards the affected section. The injuries added another layer of concern to an incident that otherwise saw passengers escape harm.

Coach fires on long-distance trains draw close scrutiny because air-conditioned coaches have sealed windows, electrical fittings, bedding, luggage spaces and pantry-linked movement that can complicate evacuation. Rajdhani trains are among the highest-priority services in the passenger network, and safety drills require rapid coordination between onboard staff, train controllers, station teams and local responders.

Sunday’s evacuation appeared to have benefited from the early detection of smoke and quick action by train staff. Detaching the affected coach helped limit damage and prevented panic from escalating. Passengers were moved away from the coach before the fire could threaten adjoining sections, while the remaining rake was assessed before arrangements were made for onward travel.

The incident is expected to renew attention on electrical audits, onboard fire-detection systems, maintenance checks and emergency readiness on premium services. Rail safety officials have pushed for tighter inspection of wiring, battery systems, air-conditioning equipment and onboard power units after earlier fire incidents across the passenger network. Long-distance trains pose particular risks because they operate overnight, carry sleeping passengers and often pass through remote stretches where emergency access can be slower.