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The young chefs also showcased their skills at an exclusive VIP lunch and the Bhutan Flavour Fair, attended by DSP officials and Lee Kum Kee Sauce representatives.

Dasho Tashi Wangyal, an Eminent Member of the National Council of Bhutan and a member of the DSP Steering Committee, said, “Our young chefs are receiving valuable exposure at the Chinese Culinary Institute through immersion in professional Asian cuisine, modern culinary techniques and global kitchen standards. I would like to extend our heartfelt appreciation to Lee Kum Kee for the vision, partnership and commitment to nurturing the next generation of culinary professionals.”

Hashtag: #LeeKumKee #LKK

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About Lee Kum Kee

Lee Kum Kee is the global gateway to Asian culinary culture, dedicated to promoting Chinese culinary culture worldwide. Since 1888, it has brought people together over joyful reunions, shared traditions and memorable meals. Beloved by consumers and chefs alike, Lee Kum Kee’s range of more than 300 sauces and condiments sparks creativity in kitchens everywhere, inspiring professional and home chefs to experiment, create and delight. Headquartered in Hong Kong, China and serving over 100 countries and regions, Lee Kum Kee’s rich heritage, unwavering commitment to quality, sustainable practices and “Constant Entrepreneurship” combine to enable superior experiences through Asian cuisine for people worldwide. For more information, please visit www.LKK.com.

About De-suung Skilling Programme

The De-suung Skilling Programme (DSP) is a Royal Project initiated by His Majesty The King of Bhutan in 2021. As envisioned by His Majesty, DSP imparts a series of short-term high-quality trainings to unemployed Bhutanese youths who have mostly completed high school and are in their early or mid-20s. These youths have all undergone the De-suung training, which is a valued-based personal development programme intended to encourage active citizenry in the process of nation-building. DSP provides short-term training in various fields to Bhutanese youths entering the job market with varying degrees of educational qualification. For more information, please visit www.dsp.org.bt.

About Chinese Culinary Institute

The Chinese Culinary Institute (CCI) is one of the 14 member institutions of Vocational Training Council (VTC). It was established in 2000 as one of the Millennium Projects of the HKSAR Government. CCI endeavours to provide systematic training in Chinese cuisine for beginners and practicing chefs who wish to obtain or upgrade their professional qualifications. It also aims to elevate the professional standard and status of Chinese Chefs in order to strengthen Hong Kong’s reputation as the “Culinary Capital of Asia”. Furthermore, CCI strives to establish Hong Kong as a regional training and accreditation centre in Chinese cuisine by introducing “One Trade Test Two Certificates” system. To promote the deep-rooted heritage of the Chinese culinary art, CCI offers culinary interest courses for locals and tourists alike. For more information, please visit cci.edu.hk/en.

While half of Malaysian small businesses report improved profitability from their technology investments over the past two years, the proportion generating more than 10 per cent of revenue from online sales declined from 74 per cent in 2024 to 62 per cent in 2025.

Digital payment usage has also declined in 2025 with 74 per cent of small businesses receiving more than 10 per cent of their sales through digital payment platforms such as GrabPay, Touch ‘n Go and Boost, compared to 78 per cent in 2024.

Priya Terumalay, CPA Australia’s Regional Head for Southeast Asia, said while government initiatives have helped support technology adoption, these efforts have yet to drive significant uptake of deeper productivity-enhancing technologies, such as artificial intelligence, process automation, data analytics and systems integration.

“Technology investment remains concentrated in computer hardware and customer-facing functions like mobile apps and payments, while structural constraints continue to limit more transformative approaches,” Priya said.

“With cost pressures remaining a persistent challenge compressing margins, policy priorities should focus on addressing structural constraints such as re-orienting digital support towards automation, systems integration, and data use along with support for productivity-enhancing responses rather than short-term relief.”

Businesses making technology investments must include adequate protection measures to minimise cyber risk exposure as 35 per cent of small businesses lost time or money due to a cyber-attack in 2025.

Only 39 per cent reviewed their cybersecurity protections over a six-month period, the second lowest result among the 11 markets surveyed.

Despite the challenges, business sentiment on the Malaysian economy remains positive with 75 percent of small businesses expecting the economy to grow in 2026.

A strong 77 per cent also anticipate business growth this year, although improved access to effective finance, especially for investment will be important to enable deeper digital transformation and build resilience.

“This is particularly crucial for outward-oriented small businesses navigating global supply chain pressures and trade policy uncertainty that could weigh on growth, especially firms integrated into regional supply chains.” Priya said.

About the survey

CPA Australia’s 17th annual Asia-Pacific Small Business Survey was conducted among small business owners/senior managers during November and December 2025 to identify the characteristics of successful small businesses across the region. The findings for the survey come from 4,166 small businesses in 11 markets. From the commencement of the survey in 2009, we have surveyed over 50,000 small businesses across the region. These include Australia, Mainland China, Hong Kong, India, Indonesia, Malaysia, New Zealand, Philippines, Singapore, Taiwan and Vietnam.
Hashtag: #SmallBusiness #CPAAustralia #MalaysiaBusinesses

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About CPA Australia

CPA Australia is one of the world’s largest professional accounting bodies, with more than 175,000 members in over 100 countries and regions, including more than 21,000 members in Southeast Asia. As we mark our 140th anniversary, we also celebrate 70 years of presence in Malaysia. With offices in Malaysia, Singapore, Indonesia and Vietnam, we are the largest Australian accounting body in the region providing education, training, technical support and advocacy. CPA Australia provides thought leadership on issues affecting the accounting profession and the public interest. We engage with governments, regulators and industries to advocate policies that stimulate sustainable economic growth and have positive business and public outcomes. A CPA is a Certified Practising Accountant. More at cpaaustralia.com.au

The project is a collaboration between Wycombe Abbey, BE Education, and Rabbit Holdings, a subsidiary of BTS Group Holdings Public Company Limited, reflecting the continued expansion of global education networks into Asia and Thailand’s growing relevance as a destination for international schooling.

Founded in 1896 in Buckinghamshire, Wycombe Abbey is widely recognised for its academic excellence and long-standing reputation for combining rigorous British curricula, including IGCSEs and A Levels, with a holistic approach to student development. The model emphasises intellectual curiosity, leadership, and a global perspective.

Wycombe Abbey also represents a rare example of a historic global institution that has successfully maintained its academic standards while expanding internationally. Its schools in Hong Kong and major cities across China have demonstrated the ability to uphold the same quality of education, driven by close collaboration and strict academic oversight from Wycombe Abbey UK. This approach ensures consistency in teaching standards, student outcomes, and the overall educational experience across its international network.

The school’s entry into Thailand comes amid sustained growth in the country’s international education sector. Thailand currently hosts more than 250 international schools serving approximately 70,000 to 80,000 students. The market is valued at over 80 billion baht and continues to expand at an annual rate of around 10%, driven by rising demand from both Thai and expatriate families seeking globally recognised education pathways.

Bangkok’s appeal as an education destination is supported by its quality of life, safety, regional connectivity, and relatively competitive cost of living, positioning the city as a potential regional hub for international families.

Wycombe Abbey’s international network already spans Hong Kong and multiple cities in China, including Changzhou, Hangzhou, and Nanjing. Bangkok will serve as one of its newest strategic locations, with further expansion planned in Singapore and South Korea, strengthening cross-border academic connections and student mobility within Asia.

William Vanbergen, Founder and Chairman of BE Education and Chairman of the Wycombe Abbey International Advisory Board, said the expansion represents more than a geographic extension.

“Wycombe Abbey isn’t just expanding. It is bringing one of the UK’s most respected educational traditions into Asia, while creating a multi-campus network that connects students across locations through shared experiences and collaboration,” he said.

Chotchawal Leetrairong, representing BTS Group Holdings and serving as financial advisor, said the investment aligns with a broader vision of urban development.

“World-class education is a fundamental component of a global city. Our investment reflects a long-term commitment to strengthening Bangkok’s position by supporting international education, talent attraction, and economic development,” he said.

Fiona Angel, Founding Executive Headteacher of Wycombe Abbey International School Bangkok, said the school will focus on developing well-rounded students equipped for a rapidly evolving global environment.

The school will offer a continuous 15-year education pathway from Nursery to Year 13 (ages 2–18), with both day and boarding options. Boarding will remain a central element of the educational model, designed to foster independence, responsibility, and leadership within a structured learning community.

Located near Thana City on Bangna-Trad Road, the campus will span over 66 acres, positioning it among the largest international school campuses in Bangkok. Facilities will include an Olympic-standard swimming pool, FIFA-standard football field, tennis and golf facilities, basketball courts, a full athletics track, and a 1,000-seat stadium, supporting both academic and co-curricular development.

The combination of Wycombe Abbey’s academic reputation and the school’s strategic location is expected to further strengthen Bangkok’s position as an emerging Asian education hub. Situated just 10 minutes from Suvarnabhumi Airport, the campus offers convenient regional access for international families, while its high-quality boarding facilities are designed to meet the needs of students and parents across Asia. This positioning is expected to attract a growing number of families seeking world-class education within the region.

Wycombe Abbey has consistently delivered strong academic outcomes. Over the past decade, 28% of its graduates have secured places at Oxford and Cambridge, with many progressing to leading universities worldwide. Across its international network, 38% of students in its Hong Kong and China campuses have been admitted to QS Top 10 universities, while 74% have gained entry to QS Top 50 institutions globally.

With its established academic track record, international network, and large-scale campus, Wycombe Abbey International School Bangkok aims to position itself as a leading provider of British-curriculum education in Southeast Asia, while contributing to Bangkok’s long-term development as a global education destination.

For more information, please visit https://wycombeabbeyinternational.com/schools/bangkok/

Hashtag: #WycombeAbbey

https://wycombeabbeyinternational.com/schools/bangkok/

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By Dr. Gyan Pathak While world’s untaxed wealth of the richest 0.1 per cent hidden offshore surpasses entire wealth of the poorest half of the humanity, India remains the receiver of the highest number of the regressive tax recommendations by the International Monetary Fund (IMF) that increases tax burden on the lower-income households more than […]

The article India Gets Highest Number IMF’s Advice To Tax Lower-Income Households More appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Ingdan Posts Landmark Full-Year Results with 50.1% Revenue Growth, Backed by Robust AI Chip Demand and Expanding Proprietary Product Portfolio

Highlights of the Annual Results for the Year Ended December 31, 2025:

• Robust Revenue Growth: Group revenue surged by 50.1% year-on-year to RMB15,206.7 million, driven by heightened demand for AI computing power and a strategic expansion into high-growth AI application markets.
• Strong Profitability: Gross profit increased by 24.1% to RMB1,104.2 million. Net profit was approximately RMB310.2 million, up 13.4%; profit attributable to equity shareholders of the Company grew by a robust 13.1% to RMB214.8 million, demonstrating effective monetization of its platform and operational efficiency.
• Building on the substantial investments made in large-scale AI computing power and proprietary products in 2025, the Company is confident that its revenue growth trajectory will accelerate in 2026.

HONG KONG SAR – Media OutReach Newswire – 1 April 2026 – Ingdan, Inc. (“Ingdan” or the “Company,” Stock Code: 400.HK; together with its subsidiaries, the “Group”), an innovative technology services platform group, today announced its audited consolidated results for the year ended December 31, 2025 (“2025” or “the Year”). The results reflect a landmark year of performance, further cementing the Company’s position at the core of the AI industry value chain. The Group serves as an ecosystem services platform anchored in AI chips, with a strategic focus on AI computing power centers and AI smart terminals. The Company is dedicated to building an AI industry connector with broad industrial linkages. Its core positioning is to bridge upstream AI chip technology with the needs of downstream innovation enterprises. The Group has established deep partnerships with world-leading chip manufacturers including NVIDIA, Xilinx, Intel, AMD, and SanDisk. Leveraging chip distribution as its gateway, the Group provides customers with an integrated, full-chain service covering technology solutions, supply chain services, technical training, and after-sales operation and maintenance — connecting the ecosystem service chain from chip supply to end-application deployment, and empowering the industrialization of AI technology.

2025 Full Year Financial Highlights

Benefiting from continued robust AI computing power demand and a significant uptick in chip requirements across AI technology-related industries, the Group’s revenue for the year reached approximately RMB15,206.7 million, comprising 62.6% from technology solutions, 37.0% from distribution business, and 0.4% from proprietary products — representing a year-on-year increase of approximately 50.1% from RMB10,129.1 million in 2024. The Group’s gross profit was approximately RMB1,104.2 million, up 24.1% year-on-year. Operating profit was approximately RMB532.4 million, up 24.4% year-on-year. Net profit after tax was approximately RMB310.2 million, up 13.4% year-on-year. Profit attributable to equity shareholders of the Company was approximately RMB214.8 million, up 13.1% year-on-year.

As at December 31, 2025, the Group’s cash and bank balances (including pledged deposits) amounted to RMB1,264.3 million, bank loans stood at RMB2,628.0 million. The total number of issued ordinary shares was 1,644,262,732 shares, with basic weighted average shares of 1,582,928,000 shares.

Deepening AI Computing Power Supply Chain: Comtech Continuously Empowering Industry Innovation

In the current strategic growth phase of the global semiconductor industry, the synergistic evolution of AI, cloud computing, and IoT technologies — combined with breakthroughs in humanoid robotics — is driving exponential growth in global computing power demand. This trend is not only spurring iterative demand for high-performance computing chips such as GPUs and ASICs, but also accelerating technological upgrades across the entire industry chain, including high-speed storage chips and intelligent networking equipment.

Against this backdrop, the Group’s core business unit, Comtech (“Comtech”) — a technology services platform for the chip industry — serves as a core supplier in the AI computing power supply chain, and is deeply engaged in the development of global computing power networks, with its service coverage spanning data centers, AI servers, AI switches, optical modules, and a wide range of AI application sectors. Comtech collaborates closely with leading global chip manufacturers, acting as an authorized distributor for over 80 core suppliers, including NVIDIA, Xilinx, Intel, AMD, and SanDisk, and many leading domestic chipmakers.

Leveraging years of deep market expertise, Comtech has accumulated extensive technical experience and industrial resources, enabling it to provide chip application solutions and supply chain management services to tens of thousands of downstream clients. Utilizing proprietary AI technologies, large language models (LLMs), and specialized knowledge bases, Comtech delivers intelligent and automated solutions in chip selection, hardware design, software development, and system integration, significantly enhancing product performance and reliability.

Comtech’s proprietary product line is entering a new era of AI acceleration. The Company holds multiple proprietary intellectual property rights in AI chip applications and intelligent supply chain, including an intelligent algorithm library, industry-specific large language models, an intelligent hardware design platform, an adaptive system architecture, and a broad portfolio of innovative technology patents. Its subsidiary, Kepler Lab, has successfully developed SOM-level proprietary products based on core chips including NVIDIA Jetson and Xilinx FPGA. Benchmarked against international advanced standards, these domestically developed AI edge computing products have achieved mass shipments to customers including customs authorities and banks, and are being actively expanded into emerging sectors such as robotics, medical devices, and autonomous driving. With high gross margins and a customer base that naturally overlaps with the Company’s traditional distribution business, this proprietary product line is poised to establish a second growth curve — marking the Company’s strategic transformation from a supply chain service provider to a technology value-added service provider, and opening compelling new possibilities for the Group’s long-term value creation.

As at December 31, 2025, Comtech’s adjusted distribution cost (“ADC”) inventory amounted to approximately RMB772.0 million. For the year ended December 31, 2025, ADC inventory turnover for Comtech was approximately 21 days.

Ingdan Technology Accelerates Strategic Positioning: AI Servers and Talent Development Advancing in Tandem

AI Computing Center Business: Precisely Capturing Domestic Computing Power Demand

In view of accelerating global AI technological advancement and sustained growth in domestic computing power demand, universities, medical schools, and research institutions have an increasingly urgent need for self-controllable, high-performance AI computing power. The Group’s intelligent computing power technology and services platform Ingdan Technology (“Ingdan Technology”), is capitalizing on the import-substitution opportunity by strategically deploying its AI server business and making large-scale investments in AIDC (AI Data Center) computing power center operations and proprietary product development.

Through deep collaboration with Huawei and leveraging the Ascend 910 chip, Ingdan Technology has launched the DeepSeek all-in-one workstation to precisely address the core computing power needs of scientific researchers. The DeepSeek all-in-one workstation features stable computing performance, robust data security, and full technological autonomy — achieving a distinctive competitive advantage through the combination of leading manufacturer endorsement and customized services.

Ingdan Academy: Talent Development Surges More Than Fourfold, Supporting National Semiconductor Strategy

Leveraging the Group’s extensive resources and technological expertise in the chip industry, Ingdan Academy introduces world-leading chip application technologies and is dedicated to developing talent in chip application and AI. To date, Ingdan Academy has cumulatively trained over 9,000 chip application engineers — surpassing the previous milestone of 2,000 by more than fourfold — serving over 1,200 enterprises and supplying a large number of high-quality professionals to the chip and AI industries. Through continuous talent training and technical support, Ingdan Academy is working to help Shenzhen become a global center for chip application and AI, contributing to the development of the nation’s semiconductor industry.

Chief Executive Officer’s Outlook

Mr. Jeffrey Kang, Chairmanand CEO of Ingdan, Inc., commented: “2025 has been a year of profound milestone significance in the Company’s development journey. Building on the substantial investments made in large-scale AI computing power and proprietary products throughout 2025, we are confident that our revenue growth trajectory will accelerate in 2026.The astonishing growth in AI computing power demand has fully validated the Group’s forward-looking strategic positioning across the AI chip application value chain.Looking ahead, we anticipate significant performance improvement driven by robust and sustained growth in demand for AI chips, GPUs, and storage networking chips. Supported by a robust bank financing framework, we expect sales to major customers to grow substantially — injecting powerful momentum into the Group’s exceptional performance growth in 2026 and laying a solid foundation.

We are full of confidence in the Group’s future development, and we extend our sincere gratitude to every shareholder, customer, and business partner for their continued trust and support.”

Cautionary Statement

The information contained herein has not been independently verified. No representation, warranty or undertaking, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or the opinions contained herein by the Company or any of its affiliates, advisers or representatives. The information contained herein should be considered in the context of the circumstances prevailing at the time and is subject to change without notice. The Company does not undertake to update the information contained herein to reflect events or circumstances occurring after the date hereof.

This document is not intended to provide, and you should not rely upon it for, a complete or comprehensive analysis of the Company’s financial or operating condition or prospects. Neither the Company nor any of its affiliates, advisers or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this document or its contents or otherwise arising in connection therewith.

This document may contain forward-looking statements that reflect the Company’s current intentions, beliefs and expectations regarding future events as of the dates indicated herein. Such forward-looking statements are not guarantees of future performance and are based on numerous assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future, and are subject to significant risks and uncertainties. In light of these risks, uncertainties and assumptions, actual results may differ materially from those expressed or implied by such forward-looking statements. The Company and its affiliates, advisers and representatives undertake no obligation and make no commitment to update any forward-looking statements to reflect events or circumstances occurring after the relevant date.

Hashtag: #Comtech #Ingdan #AI #IC #Chips #humanoid #Intel #AMD #Sandisk #NVIDIA #Tech #RevenueGrowth #TechGrowth #AIInvestment #ProprietaryProducts #KeplerLab #Comtech #IngdanTechnology #IngdanAcademy #AIAcceleration #TechTransformation

https://ingdangroup.com/

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

About Ingdan, Inc.

Ingdan, Inc. (Stock Code: 400.HK) is an ecosystem services platform anchored in AI chips, with a strategic focus on AI computing power centers and AI smart terminals. The Company is dedicated to building an AI industry connector with broad industrial linkages. Its core positioning is to bridge upstream AI chip technology with the needs of downstream innovation enterprises. Leveraging chip distribution as its gateway, the Company provides customers with an integrated, full-chain service covering technology solutions, supply chain services, technical training, and after-sales operation and maintenance — connecting the ecosystem service chain from chip supply to end-application deployment, and empowering the industrialization of AI technology.

Headquartered in Shenzhen, the Group operates offices and branches across major cities in China, including Hong Kong, Shanghai, Beijing, Wuhan, Chengdu, Nanjing, Hangzhou, and Xi’an, as well as representative offices in Singapore and Japan. The Group’s core businesses are Comtech — a technology services platform for the chip industry; and Ingdan Technology — a platform providing intelligent computing power technology and services.

The adviser search points to a shift in how school systems with substantial reserves are treating their balance sheets. What might once have been handled more conservatively through deposits and internal oversight is now increasingly being managed with the same disciplines used by foundations, family offices and other long-horizon institutions. In ESF’s case, the task appears especially significant because the group’s endowment is no longer a marginal reserve but a material financial resource that can influence scholarships, strategic projects, property decisions and resilience during periods of market or enrolment volatility.

ESF’s own disclosures show why the mandate matters. In its 2023/24 annual report, the foundation said its endowment includes both a residential property portfolio and investments held in ESF Investments Limited. It reported that the fair value of investments held in that vehicle rose 13.4% to HK$587.7 million from HK$518.2 million a year earlier, while finance and investment committees continued to focus on asset performance monitoring and strategic asset allocation. The same report said three companies had been set up to restructure the holding of residential assets within the ESF endowment, with a new operating model expected to launch in the first half of 2025.

That helps explain why an external adviser would be attractive now. Once a fund reaches this scale, the main challenge is not simply preserving capital. It is deciding how much risk an education group should take, how liquid the portfolio needs to be, whether alternative assets belong alongside traditional holdings, and how to align returns with liabilities such as campus upgrades, technology spending and support programmes. For a school operator, there is also a reputational dimension: parents and staff expect prudence first, even when boards are under pressure to extract higher returns from idle capital.

ESF’s finances show both stability and constraints. The group reported total operating income of HK$2.85 billion in 2022/23, with tuition fees accounting for 84.3% of operating income and government grants 5.3%. It also said the long-running phase-out of government subvention, which began in 2016/17, was continuing, with the phase-out for secondary schools having started in 2022/23. By 2023/24, ESF said strong interest income had allowed it to seed a HK$10 million scholarship fund and a HK$30 million development fund, including support for a project researching the use of AI in teaching and learning.

Those figures matter because they show that investment income is becoming more relevant to the group’s strategic flexibility even as tuition remains the dominant revenue line. They also suggest that endowment governance is no longer peripheral to education policy inside ESF. A stronger investment framework could help smooth cyclical swings in income, but it could also expose the group to debate over mandate design, manager selection and tolerance for drawdowns in volatile markets. Educational institutions globally have wrestled with that trade-off for years: conservative portfolios can struggle to keep pace with inflation and capital needs, while more ambitious allocations can attract scrutiny when markets turn.

The Hong Kong backdrop adds another layer. Authorities are trying to reinforce the city’s appeal as an asset and wealth management centre, with proposed tax reforms aimed at making it easier to attract managers and capital. The Securities and Futures Commission said total assets under management in Hong Kong’s asset and wealth management business rose 13% to HK$35.1 trillion at the end of 2024, while the number of firms licensed for asset management increased 4% to 2,212. That means ESF is seeking advice in a market that is both deep and actively competing for institutional mandates.

Founded by ordinance in 1967, ESF occupies an unusual place in Hong Kong’s education landscape: a statutory body with a large footprint, significant fee income and a legacy of government support that is being phased out over time. Its latest public materials describe a group with more than 18,500 students and a broad mix of Hong Kong permanent residents and overseas passport holders, reflecting its role as a major English-medium provider in the city. That scale means any change in how it manages long-term capital is likely to be watched closely by school operators, fund managers and policymakers alike.