Caracas has become an unlikely stop for financiers, oil executives and restructuring advisers as Venezuela’s attempt to reopen its economy turns a once-quiet luxury hotel into a meeting point for dealmaking. The Cayena, a boutique property in the capital’s La Castellana district where rooms start at about $400 a night, spent much of its 13 years operating in a market cut off by sanctions, political conflict and […]
SINGAPORE – Media OutReach Newswire – 21 May 2026 – Synology today announced the general availability of PAS7700, the company’s first active-active, all flash NVMe storage system. Built for mission-critical workloads, PAS7700 delivers enterprise-grade performance, uninterrupted resilience, and optimized operational efficiency.
Synology PAS7700 delivers ultra-high performance, active-active availability and sub-millisecond latency for mission-critical workloads.
As AI, data analytics, and virtualization platforms continue to reshape how Singapore enterprises operate their IT infrastructure, storage is no longer merely a place to keep data. It has become the foundation behind core operational applications. As a result, organizations are placing greater demands on access speed, service continuity, and long-term operational stability. This is also why enterprises are increasingly seeking high-performance storage platforms that can maintain reliable operations over time.
“PAS7700 reflects Synology’s 25+ years of experience in storage and our close collaboration with enterprise customers to address evolving requirements for high availability, performance, and scalability,” said Bie-i Chu, Executive Vice President of the Synology NAS Group. “After a year of extensive real-world validation through our enterprise proof-of-concept program, PAS7700 is field-proven to deliver high reliability and performance, while helping customers lower total cost of ownership (TCO).”
A Storage Platform for Mission-Critical Systems PAS7700 is equipped with dual controllers and 48 NVMe SSD bays in a 4U chassis, and can scale up to 1.65 PB of raw storage capacity with up to seven expansion units. The system supports both file and block storage and offers broad protocol support, including NVMe-oF, iSCSI, Fibre Channel, SMB, and NFS.
With up to 2,048 GB of memory* and 100GbE networking, PAS7700 delivers up to 2 million IOPS, latency of under 1 millisecond and sequential throughput of up to 30 GB/s.
PAS7700 is designed for environments that require real-time data processing, such as virtualization, databases and large-scale data processing environments. It also targets performance-intensive and always-on workloads such as VDI, EDA and AI.
In addition, the solution is well suited for organizations operating data-intensive infrastructure in sectors such as data centers, manufacturing, semiconductor design, game development, and healthcare. These environments typically process large volumes of data concurrently and require systems that can sustain consistent performance and continuous service availability.
Designed to Minimize System Disruption One of PAS7700’s most notable strengths is its active-active architecture, which enables both controllers to operate simultaneously rather than relying on a traditional active-standby model. If one controller or a network component fails, the system can continue delivering services, significantly reducing the risk of business disruption.
The system is built with multiple protection layers to ensure high availability, including triple-parity RAID, mirrored write cache protection, IP failover, and automatic failover mechanisms.
PAS7700 also includes Continuous Availability Manager that enables enterprise IT teams to visually monitor the health status of each system component and detect and address issues quickly before they affect services.
Multi-Layer Data Protection for Enterprises Synology places strong emphasis on enterprise data protection. PAS7700 supports Self-Encrypting Drives (SEDs), providing hardware-level protection without compromising system performance.
The system also supports WORM folders and immutable snapshots, allowing snapshots to remain protected from unauthorized modification or deletion after creation, thereby reducing the risk of tampering and unauthorized data interference.
In addition, PAS7700 features Snapshot Replication and Hyper Backup that enable enterprises to build multiple layers of backup and recovery between production environments and secondary systems. This helps strengthen cyber resilience and improve data recoverability in the event of incidents or cyberattacks.
Lower Cost, Greater Efficiency Beyond performance, Synology also addresses the challenge of optimizing long-term storage investment for enterprises. As many businesses in Singapore continue expanding their data infrastructure, virtual machines and internal AI workloads, the cost of high-speed storage is exerting increasing pressure on IT environments.
PAS7700 supports both inline and offline deduplication technologies to help reduce unnecessary data usage and extend SSD lifespan. This mechanism can significantly improve storage efficiency in large-scale data environments.
In the near future, the system will also support Synology Tiering, which automatically moves infrequently accessed data to high-capacity storage systems. This helps free up high-speed NVMe resources for active applications and hot data.
The entire platform runs on DSM Enterprise, Synology’s operating system developed specifically for enterprise storage, and is designed for environments that require high performance while maintaining intuitive management and operational simplicity.
PAS7700 is now available globally through Synology’s network of partners and distributors.
*Memory module is upgradable to 1,024GB per node; 2,048GB for the whole PAS7700 system.
Hashtag: #Synology, #PAS7700
The issuer is solely responsible for the content of this announcement.
About Synology
Founded in Taiwan in 2000, Synology is a technology company specializing in network-attached storage (NAS), data backup and recovery, video surveillance, and networking solutions for businesses and individuals worldwide. Over the past two decades, Synology has continuously expanded its ecosystem to help users manage, protect, and unlock the value of data more effectively in the era of cloud, AI, and big data.
Synology’s core philosophy is to build a comprehensive hybrid-cloud ecosystem that enables businesses to protect, synchronize, and manage data through a centralized, intuitive, and easy-to-operate platform. From enterprise storage, data backup, file sharing, and collaboration to video surveillance and network infrastructure, Synology’s solutions are designed to simplify IT management and accelerate digital transformation.
Alongside ongoing technology innovation, Synology also focuses strongly on long-term stability, security, and scalability for data infrastructure. More than half of Fortune 500 companies use Synology solutions, reflecting the brand’s credibility and ability to support large-scale data operations worldwide.
MANILA, PHILLIPINES – Media OutReach Newswire – 21 May 2026 – State Street Corporation (NYSE: STT), one of the world’s leading providers of financial services to institutional investors, today announced the establishment of a new office in Manila, the Philippines.
The new Manila office, scheduled to open in the second half of 2026, will further strengthen State Street’s global operating model and expand its processing capabilities, complementing the firm’s existing operations across the Asia Pacific region.
“The Asia Pacific region is critical to our longterm growth strategy,” said Ann Fogarty, chief operating officer for Investment Services, State Street. “The expansion into Manila is an important step in the continued evolution of our global operating model as we continue to support significant client growth in the region.”
Manila offers access to a young, diverse and highly educated workforce, drawing talent from the city’s wellestablished University Belt and its strong pipeline of graduates with financial services and operations expertise.
With USD54.5 trillion1 in assets under custody and/or administration, State Street services more than 12% of the world’s assets2. The firm operates in more than 100 geographic markets and employs approximately 51,000 people worldwide. State Street established its presence in Asia Pacific more than 40 years ago and today operates 16 offices across the region.
1As of March 31, 2026
2Represents State Street AUC/A of USD$54.5T as of March 31, 2026, divided by Global Financial Assets, including Global Equity, Global Debt Securities and Global Broad Money (M3), as of December 31, 2024. Sources: SIFMA Markets Factbook, 2025; Organisation for Economic Co-Operation (OECD), World Bank. Hashtag: #StateStreetCorporation #Manila #GlobalOperatingModel
The issuer is solely responsible for the content of this announcement.
About State Street Corporation
State Street Corporation (NYSE: STT) is one of the world’s leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading. With US$54.5 trillion in assets under custody and/or administration and US$5.6 trillion* in assets under management as of March 31, 2026, State Street operates globally in more than 100 geographic markets and employs approximately 51,000 worldwide. For more information, visit State Street’s website at www.statestreet.com.
*Assets under management as of March 31, 2026 includes approximately US$184 billion of assets with respect to SPDR® products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State Street Investment Management are affiliated.
BEIJING, CHINA – Media OutReach Newswire – 19 May 2026 – During Donald Trump’s high-profile diplomatic visit to China, a state-level welcome banquet was hosted in Beijing, assembling global industry leaders from the semiconductors, consumer electronics, new energy and intelligent manufacturing sectors. Beyond diplomatic protocol, the banquet’s strategic seating arrangement sparked extensive industry discussion, with a dedicated elite tech table becoming the focal point of global industrial attention. Jia Shaoqian, Chairman of Hisense Group, was invited to the exclusive tech table, seated alongside iconic U.S. tech figures including Elon Musk, Tim Cook, Jensen Huang, and Tyson Jacob. The premium seating objectively validates Hisense’s worldwide technological prowess and authoritative industrial discourse power.
The high-end roundtable establishes a premium communication channel bridging Chinese manufacturing and U.S. hard technology. While U.S. representatives cover artificial intelligence, advanced semiconductors and new energy vehicles, Hisense represents China’s sophisticated technology manufacturing with a multi-dimensional technological layout. Shattering the long-standing stereotype of a conventional home appliance maker, the company has built inimitable technological barriers in high-end display and smart home sectors, maintaining sustained technological iteration and undisputed global technological advantages in 2026.
Empowered by its end-to-end industrial chain capability, Hisense occupies an apex position in the global display industry. The company’s self-developed RGB-Mini LED technology achieves comprehensive leadership in R&D, mass production and technological iteration. Equipped with the pioneering Linglong 4-Core True Colour Backlight system and independently developed Hi-View AI image processing chip, Hisense’s 2026 latest UX series features 110% BT.2020 ultra-wide colour gamut, 10,000 nits peak brightness and 134-bit high-precision colour control, reproducing over 120 million distinct colours. With these innovations, Hisense now has a one-year technological head start over its competitors, enabling the enterprise to set industrial benchmarks and secure rule-making authority within the global display ecosystem.
Hisense remains an undisputed global pioneer in laser display technology, holding full independent intellectual property rights covering laser light sources, optical modules and terminal devices. Continuous investment in underlying optical research enables superior imaging performance with ultra-high contrast, eye-friendly visual comfort and wide colour gamut. The persistent technological edge reinforces Hisense’s dominant market share in the global laser TV industry, consolidating its status as an indispensable Chinese technological powerhouse in the high-end display landscape.
Beyond display technologies, Hisense expands its technological frontier in premium smart home appliances. The self-developed heat pump washing machine adopts an innovative four-in-one integrated heat pump structure, delivering low-temperature fabric-friendly washing and drying while significantly cutting energy consumption. As an original global energy-saving home appliance solution, it embodies Hisense’s green manufacturing philosophy and diversified R&D strength beyond display technology.
During the banquet, Jia Shaoqian engaged in in-depth dialogues with international tech elites regarding technological innovation, transnational industrial collaboration and eco-friendly intelligent manufacturing. The high-level face-to-face communication enhances mutual trust and cooperation potential between Chinese and U.S. technology enterprises. Adhering to a globalised development strategy, Hisense maintains steady overseas revenue and robust independent brand influence, with its technology-oriented products widely recognised across mainstream international markets.
The prestigious seating arrangement serves as compelling proof of global recognition for China’s high-end manufacturing industry. As a leading Chinese tech enterprise, Hisense has obtained equal diplomatic-level dialogue status within the world’s top technological circle. Moving forward, Hisense will consistently invest in independent R&D, continuously iterate RGB-Mini LED, laser display and heat pump appliance technologies, and actively explore global industrial cooperation. Committed to technological empowerment, Hisense will further strengthen the global influence and industrial voice of Chinese high-end manufacturing.
Visit hisense.sg to learn more about Hisense’s innovative products available now in Singapore.
Disclaimer: This article is an objective industrial observation without exaggerated promotional statements. All technical parameters are sourced from Hisense’s official 2026 product releases.
Hashtag: #Hisense
The issuer is solely responsible for the content of this announcement.
About Hisense
Founded in 1969, Hisense is a global technology group operating in 160+ countries, with a strong portfolio across TVs, home appliances, air-conditioning and commercial solutions. Recognised as one of the Top 2 TV brands worldwide, Hisense continues to strengthen its global presence through innovation, quality manufacturing and major international partnerships, including its role as an Official Sponsor of the FIFA World Cup 2026™
Afreximbank’s partnership with Plot Enterprise Ghana is placing cocoa processing, rural employment and African creative exports at the centre of a wider push to keep more value from the continent’s resources within local economies. The collaboration, highlighted through the bank’s impact programming, links Ghana’s cocoa belt to global markets at a time when volatile cocoa prices, climate shocks and financing strains are reshaping one of West Africa’s […]
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Mineral Resources will restart operations at its wholly owned Bald Hill lithium mine in Western Australia, moving to bring back production after an 18-month shutdown as stronger prices revive confidence across parts of the battery metals sector. The Perth-based diversified miner said site activity will begin ramping up in late May, with crushing and mining operations scheduled to start in June and first spodumene concentrate production expected […]
Abu Dhabi technology group G42 and the Government of India have formalised terms to deploy Condor Galaxy India, an 8-exaflop artificial intelligence supercomputing cluster designed to strengthen the country’s sovereign AI infrastructure and widen access to advanced computing for research, public services and industry. The agreement, witnessed by UAE President Sheikh Mohamed bin Zayed Al Nahyan and Prime Minister Narendra Modi during Modi’s official state visit to […]
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Cape Town to host continent’s largest energy gathering as focus shifts from aspiration to execution
CAPE TOWN, SOUTH AFRICA – EQS Newswire – 14 May 2026 – The Africa Energy Forum (https://apo-opa.co/4ugdl9y) returns from 16-19 June 2026, bringing together the companies, investors and governments driving Africa’s move from energy access to industrial-scale infrastructure.
The companies gathering in Cape Town are deploying capital into transmission infrastructure, building mining corridors that will define trade routes for decades, financing baseload capacity that can power heavy industry, and developing renewable projects that will anchor Africa’s manufacturing future. Forum Sponsor Sun Africa leads a group of sponsors whose projects and investments are already shaping how the continent builds its industrial base.
“I am looking forward to joining the conversation in Cape Town this June. What excites me about this year’s Summit is the calibre of capital and commitment in the room — companies that are financing baseload capacity for heavy industry, building mining corridors that will define trade routes for decades, and deploying renewable projects that will anchor Africa’s manufacturing future. That is the kind of long-term, structural thinking that Sun Africa has always believed this continent deserves, and it is exactly the conversation we need to be having.” Sun Africa, CEO, Adam Cortese.
ACWA Power, Infinity Power and AMEA Power are building gigawatt-scale renewable capacity across the continent. Globeleq and TotalEnergies are financing and operating projects that demonstrate how private capital can deliver industrial-grade infrastructure. British International Investment and IFC are structuring deals that blend concessional and commercial finance to unlock sovereign wealth fund participation. Nedbank CIB is providing the sustainable finance structures that allow projects to reach financial close.
“As Africa moves from aspiration to execution, this year’s agenda focuses on the hardware of industrialisation – the steel, concrete and transmission lines that will define Africa’s industrial future,” said Simon Gosling, Managing Director of EnergyNet.
The companies driving this shift face common challenges: structuring bankable projects where perceived risk exceeds actual performance, moving critical minerals from extraction to processing, building transmission corridors that serve both mines and cities, and deploying patient capital into long-term infrastructure.
Cape Town provides the right setting. South Africa is navigating private transmission investment, energy trading, mining-driven renewable deployment, and tensions between industrial growth and climate commitments – challenges the rest of the continent will face. The city’s reforms offer a live case study.
The agenda reflects where these companies are focusing their resources. Critical minerals receive a two-day dedicated stream exploring downstream processing, transport corridors and value capture from reserves representing over 30% of global supply. Sessions examine the Lobito Corridor, Liberty Corridor and Simandou infrastructure as models for large-scale project finance.
Transmission and baseload themes address grid expansion, private investment structures and 24/7 availability for data centres and manufacturing. Energy trading sessions explore how sponsors are transforming project finance through creditworthy off-take, whole technology discussions will cover AI for revenue protection, data centre supply chains and CBAM compliance.
More broadly, the forum structure supports deal-making. The speaker programme includes closed-door roundtables bringing together DFIs, sovereign wealth funds, Middle East ministers, utilities, regulators and the private sector for frank discussions on capital deployment.
This will bring together senior public and private sector leadership, with notable speakers including H.E. Honourable Dr. Kgosientsho Ramokgopa, Minister of Electricity & Energy, South Africa; H.E. Honourable Samantha Graham-Marè, Deputy Minister of Electricity & Energy, South Africa; Dan Marokane, GCE, Eskom, South Africa; H.E. Honourable Jeremiah Kpan Koung, Vice President, Liberia; H.E. Honourable Dr. Kgosientsho Ramokgopa, Minister of Electricity & Energy, South Africa; H.E. Honourable Lerato Mataboge, African Union Commissioner for Infrastructure and Energy; Precious Edward, Head, IPP Office, South Africa; Obaïd Amrane, CEO, Ithmar Capital, Morocco, Chair, Africa Sovereign Investors Forum (ASIF) & Chair, International Forum of Sovereign Wealth Funds (IFSWF); Mike Teke, Group CEO, Seriti Resources; and Jonathan Hoffman, CEO, Globeleq.
Regional fireside chats, meanwhile, will spotlight opportunities across North, East, South and West Africa. Day One features ministerial sessions with participation from Sierra Leone’s Ministry of Energy and The Gambia’s Ministry of Environment, Climate Change & Natural Resources.
Additional sponsors driving the programme include AKSA as Exhibitor Sponsor, with lead sponsor support from Synergy Consulting, ATIDI, Engie, European Investment Bank, Standard Bank, Red Rocket, USP&E Global and Sungrow.
On the final day, YES! (Youth Energy Summit) takes place as part of the aef stream under the theme ‘Empowering Today’s Entrepreneurs – Building Tomorrow’s Industrialists’. Here, impact leaders will present scalable initiatives creating entrepreneurship opportunities in Africa’s energy sector, while industry partners lead interactive workshops building practical skills for 600 young people in attendance.
Distributed by APO Group on behalf of EnergyNet Ltd..
Arabian Post Staff -Dubai Zimbabwe’s export map is shifting sharply towards the Gulf, with the United Arab Emirates emerging as the country’s largest overseas market as trade, minerals sales and investment talks deepen between Harare and Dubai. Bilateral trade reached about US$4.1 billion last year, driven mainly by mineral exports and reinforced by a new pipeline of investment discussions covering mining, renewable energy, manufacturing, agriculture and logistics. […]
BANGKOK, THAILAND – Media OutReach Newswire – 14 May 2026 – Charoen Pokphand Foods Public Company Limited (CPF) and NH Foods Ltd. today announced that their joint venture, CPF NH Foods Co., Ltd., has officially commenced production at its modern manufacturing facility in Chachoengsao, Thailand, alongside the launch of a new premium brand, CP Nippon.
The start of operations follows the successful establishment of the joint venture in late 2025, combining CPF’s fully integrated supply chain and regional distribution network with NH Foods’ advanced food processing technologies and product development expertise. The facility now serves as the production hub for a new generation of high-quality processed meat products, targeting both domestic and export markets including Japan, Hong Kong, Singapore, and other key Asian destinations.
Prasit Boondoungprasert, Chief Executive Officer of CPF, said “Starting production and introducing CP Nippon brand mark an important milestone in our partnership with NH Foods. This collaboration enables us to move beyond primary production to premium processed products, creating greater value for Thailand’s pork industry while strengthening its position as a key exporter across Asia.”
The manufacturing facility integrates advanced production systems and stringent quality assurance processes aligned with international standards, reinforcing both companies’ commitment to food safety, traceability, and sustainability. By leveraging CPF’s high-quality raw material sourcing and NH Foods’ precision manufacturing know-how, the joint venture aims to set new benchmarks in processed meat production.
Fumio Maeda, President and Chief Executive Officer of NH Foods, added “The commencement of production represents a key milestone in our collaboration with CPF. By combining our strengths in technology and product innovation with CPF’s operational excellence, we are bringing together the rich culinary traditions of Japan and Thailand to deliver refined, high-quality food experiences to consumers across Asia.”
The product range under CP Nippon brand reflects NH Foods’ Japanese culinary expertise—rooted in the craftsmanship of ryōrinin—combined with CPF’s strength in high-quality sourcing and production.
Beyond product innovation, CPF NH Foods is committed to sustainable manufacturing practices, including efficient resource utilization and environmentally responsible operations, in line with CPF’s “Kitchen of the World” vision and both companies’ long-term sustainability goals.
The issuer is solely responsible for the content of this announcement.
About Charoen Pokphand Foods Plc (CPF)
Charoen Pokphand Foods Plc (CPF) is a leading global agro-industrial and food company, operating in 17 countries and exporting to more than 50 markets worldwide. Guided by its “Kitchen of the World” vision, CPF focuses on delivering safe, high-quality, and nutritious food through a vertically integrated business model. The company integrates technology and innovation across its operations while advancing sustainability and working toward a low-carbon, resilient food system that supports global food security.
About NH Foods NH Foods Ltd., operates in the food industry with a focus on meat products and related processed foods. The group conducts its business globally, and targets both domestic and international markets for its diversified protein and food solutions portfolio.
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