News related to
watch

This year’s Olympic Day event was themed “Run with Hong Kong Athletes” and was held at Hong Kong Science Park. It featured three categories: the 4km Individual Run, the 2km Family Fun Run and the 2km Aichi-Nagoya Asian Games Fun Run. The venue also offered a variety of sports experiences and interactive zones. Among them, TCL set up the “SQD Advantage Challenge”, where participants experienced TCL’s SQD-Mini LED display technology through a fun ball-toss game and won Olympic-themed gifts. The lively atmosphere attracted many families and members of the public to take part and enjoy the energy and excitement of Olympic Day.

In addition to receiving commemorative gifts upon completing the event, runners could also enter a lucky draw using their bib numbers. TCL offered several smart TV prizes, with the highlight being the TCL flagship 75-inch X11L SQD-Mini LED TV, valued at HK$44,900. This model delivers peak brightness of up to 10,000 nits and features 20,736 precise local dimming zones for detailed reproduction of high dynamic range scenes. With Super QLED, WHVA 2.0 Ultra panel technology, and Ultra Colour Filter, it achieves 100% BT.2020 full-scenario wide colour gamut, ensuring vivid colour performance even in bright environments. Whether for watching the Olympics or everyday entertainment, the X11L recreates an immersive viewing experience at home, allowing the public to relive the excitement and emotion of sport.

Mr Roger Gao, General Manager of TCL Hong Kong Branch, said: “As a Worldwide Olympic Partner, TCL firmly believes that both technology and sport have the power to inspire and unite communities. By supporting the ‘2026 Olympic Day cum Aichi-Nagoya Asian Games Fun Run’, we are demonstrating TCL’s commitment to promoting sports culture through innovation. We hope to extend the Olympic spirit from the sporting arena into everyday life.”

TCL and the International Olympic Committee announced a global partnership in 2025, with the collaboration running through 2032. TCL became the official Worldwide Olympic and Paralympic Partner in the Home Audiovisual Equipment and Home Appliances category.
Hashtag: #TCL

https://www.tcl.com/hk/en

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

TCL

Founded in 1981, TCL is committed to delivering forward-looking technology experiences and smart, healthy living solutions. TCL stands for “The Creative Life”, reflecting the brand’s belief in using creativity to inspire life. TCL operates in more than 160 countries and regions worldwide.

There is much to celebrate. This year marks the 50^th anniversary of the Hong Kong International Dragon Boat Races as well as 35^th anniversary of both the co-organiser, Hong Kong China Dragon Boat Association, and the sanctioning body, International Dragon Boat Federation (IDBF). The IDBF added to the occasion by announcing earlier this year the relocation of its headquarters back to Hong Kong.

Riding on the wave of excitement, the organiser, Hong Kong Tourism Board (HKTB), extended the annual Hong Kong International Dragon Boat Festival period to 13 days (June 19 – July 1), beginning on the historic Tuen Ng Festival (Dragon Boat Festival) and concluding on July 1, which is the 29^th anniversary of the Establishment of the Hong Kong Special Administrative Region (HKSAR).

As the headline international flagship event of “Hong Kong Summer Fun”, Dr Peter Lam, Chairman of the HKTB, said the Festival not only ran over a longer period, but also featured a stronger race line-up and more vibrant entertainment programmes than in previous years, offering an experience found only in Hong Kong for locals and visitors, while showcasing Hong Kong’s position as the Events Capital of Asia.

More than 220 teams from 16 countries and regions will compete for top honours in the world‑renowned setting of Victoria Harbour. This year’s event also introduces the special 50^th Anniversary Fishermen Invitational Cup and the 50^th Anniversary Championship, paying tribute to the traditional spirit of dragon boat racing.

Visitors will be able to enjoy a series of thematic activities along the Avenue of Stars, including a 22-metre traditional wooden dragon boat, a dragon boat-themed installation in collaboration with the new film Minions & Monsters, live music performances and a line-up of intangible cultural heritage performances, including martial art Wing Chun, Chinese juggling diabolo, traditional musical instruments ruan and guzheng.

Highlighting Hong Kong’s reputation as the birthplace of modern international dragon boat racing, as well as its strengths as a global hub city, the IDBF has taken a significant step in its long‑term global strategy with the formal incorporation of International Dragon Boat Federation Limited in Hong Kong on 29 April 2026.

“Incorporation in Hong Kong is not a conclusion, but a beginning. It anchors our Federation in the city where our international story started and strengthens our ability to serve our members and the global dragon boat family,” said Claudio Schermi, President of the IDBF.

As part of this new chapter, the IDBF has applied for funding under “the Pilot Scheme to Strengthen the Presence of Hong Kong in Asian and International Sports Associations”, which was recently introduced by the HKSAR Government’s Culture, Sports and Tourism Bureau. The Pilot Scheme is an initiative designed to support Asian and international sports associations establishing their headquarters or regional headquarters in the city.

The Dragon Boat Festival has a long and colourful history dating back more than two thousand years. Held each year on the fifth day of the fifth lunar month, the day commemorates the patriotic poet Qu Yuan.

According to legend, Qu committed suicide for his beliefs by throwing himself into the Luo River. The villagers nearby raced out on their dragon boats, banging gongs and drums to scare away fish and other underwater creatures to stop them from eating Qu’s body. The tradition continues to this day, with dragon boat competitions taking place at locations across Hong Kong, each reflecting the unique characteristics of its neighbourhood.

Traditional dragon boat treats feature prominently during the festival, notably zongzi. These glutinous rice dumplings, traditionally wrapped in bamboo leaves and steamed or boiled, are widely available during the festive period.

Hashtag: #hongkong #brandhongkong #asiasworldcity #dragonboatraces #dragonboatfestival

https://www.brandhk.gov.hk/
https://www.linkedin.com/company/brand-hong-kong/
https://x.com/Brand_HK/
https://www.facebook.com/brandhk.isd
https://www.instagram.com/brandhongkong

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

Power2Drive Europe is a leading international exhibition for charging infrastructure and e-mobility. It brings together global players in EV charging and sustainable mobility, making it a key platform for industry exchange and innovation.

Showcasing Advanced Charging Technologies

Highlighting its PTB-certified technologies, EVB presented charging solutions for residential, commercial, fleet, and public applications.

1. Floor-mounted AC EV Charger: Featuring a 21-inch LCD touch screen, POS payment, and ISO 15118-2 certification, it combines EV charging and digital advertising for retail, parking, and urban charging hubs.
2. Liquid-Cooled DC Charger: With up to 480 kW output and a modular design that supports independent operation, it is built for high-demand public and commercial charging scenarios, delivering reliable performance with easier operation and maintenance.
3. Split MW DC Charger: A 2 MW high-power charging solution for electric trucks, logistics fleets, ports, and industrial applications, supporting MCS/CCS interfaces, smart power sharing, and expandable DC outputs.

EVB also showcased its award-winning BUDC Ultra Fast Charger 150 kW, an ultra-thin dual-gun charger honored with Red Dot and iF Design Awards. Featuring a 75 kW liquid-cooled module and a slim 100 mm body, it delivers reliable, low-noise fast charging for space-limited scenarios.

Integrated PV, Storage and Charging Solutions

Beyond EV charging products, EVB showcased integrated PV, energy storage, and charging solutions for diverse application scenarios. By combining solar power, energy storage, and charging infrastructure, EVB helps customers improve energy efficiency, optimize power use, and reduce operating costs.

Strengthening Global Partnerships

The exhibition enabled EVB to strengthen partnerships and explore new collaborations, with discussions focused on fleet electrification, commercial deployment, and integrated energy infrastructure.
Hashtag: #ZhejiangBenyiNewEnergyCo

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

About EVB

EVB is a global provider of smart EV charging solutions.Backed by over 100 patents and international certifications, EVB has a presence in nearly 70 countries and has delivered more than 25,000 projects worldwide, providing reliable, high-speed, and eco-friendly charging infrastructure to support the clean energy transition.

For more information, please visit www.evb.com or contact [email protected].

Video: https://www.youtube.com/watch?v=pl9NZ6j_JcA

At Cemtech Asia 2026, SCG demonstrated its commitment to advancing the cement industry through tangible low-carbon cement innovations. Mr. Surachai Nimlaor, President of SCG Cement and Green Solutions, stated:

“As the region’s leader in the low-carbon cement industry, SCG is dedicated to developing breakthrough innovations that minimize resource consumption and maximize eco-friendliness. By steadily reducing carbon dioxide emissions, we directly address the evolving demands and adaptation challenges of the construction industry across ASEAN and global markets.”

Alongside showcasing its cutting-edge LC3 low-carbon cement prototype at the exhibition, SCG hosted an exclusive site visit to its Ta Luang Cement Plant in Saraburi Province for global delegates. Key highlights of the showcase and tour included:

• SCG LC3 Structural Cement: Developed from limestone, calcined clay, and specialized additives, this next-generation low-carbon cement reduces CO2 emissions by up to 30–40%. Its production process incorporates up to 40% biomass alternative fuels (such as rice husks and straw) and over 35% renewable energy. This is achieved without compromising any product performance or structural integrity, with its environmental performance independently verified through an Environmental Product Declaration (EPD).
• Rondo Heat Battery: SCG has pioneered ASEAN’s first installation of the Rondo Heat Battery at the Ta Luang Cement Plant. Developed in collaboration with Rondo Energy, this breakthrough thermal energy storage solution converts intermittent renewable power into high-temperature thermal energy, storing it at up to 1,500°C in thermal media. With an exceptional energy recovery efficiency of up to 97% and a lifespan exceeding 40 years, the system provides a continuous 24/7 supply of clean heat, supporting the decarbonization of industrial manufacturing processes.

• Refractory Solutions by The Siam Refractory Industry Co., Ltd. (SRIC): As a leading global refractory solutions provider, SRIC showcased its advanced technologies and innovative solutions designed to enhance operational efficiency, reliability, and sustainability, including:
  1. Anti-Hydration Brick: The world’s first Anti-Hydration brick, extending shelf life from 6 to 24 months. This breakthrough innovation helps minimize material degradation, reduce production downtime, and improve overall operational efficiency.
  2. Thermal Media for Heat Battery: Co-developed with Rondo Energy, these high-performance heat storage blocks deliver up to 97% thermal efficiency, enabling reliable 24-hour energy availability and supporting the transition toward cleaner industrial energy solutions.
     • Solar Floating: Installed at the Ta Luang Cement Plant, this floating solar array generates 16.6 million kWh of clean electricity annually, cutting greenhouse gas emissions by over 8,000 tons of CO₂ equivalent per year. By repurposing the plant’s industrial reservoirs, the system optimizes resource efficiency and highlights SCG’s integration of green energy into heavy industry.

As co-host of Cemtech ASIA 2026, SCG reaffirmed its role as a trusted industry leader on the global stage. The event served as a major catalyst for expanding business networks and facilitating high-level technology and knowledge exchanges with world-class industry players. Moving forward, SCG is dedicated to cultivating global alliances to propel Thailand’s cement industry toward a Net Zero pathway, solidifying its position as ASEAN’s cement leader.

Watch the video:

CEMTECH ASIA 2026 | SCG Driving ASEAN’s Cement Industry Towards Net Zero

https://youtu.be/wCvSYeumGLY?si=nFle1kClP8sYR9z3

Hashtag: #SCG

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

The debate has sharpened as enterprises test AI systems for strategy modelling, risk alerts, market forecasting, compliance reviews and scenario planning. These tools promise faster decisions and broader analysis, but they also raise questions over directors’ duties, audit trails and responsibility when algorithmic advice shapes corporate choices.

Singapore has positioned itself as one of Asia’s most active AI governance centres, combining public investment, industry adoption programmes and voluntary frameworks rather than sweeping legislation. The approach is designed to encourage innovation while keeping human accountability at the centre of AI deployment. That balance is now being tested as companies examine whether AI can move beyond back-office functions and become a structured part of board deliberations.

The issue has gained urgency because AI systems are no longer limited to producing summaries or automating routine workflows. Newer agentic AI tools can plan tasks, reason across data, trigger actions and interact with software systems with limited human intervention. For corporate boards, such capability creates both opportunity and exposure. A system that can flag liquidity pressure, supply-chain disruption or reputational risk may improve oversight. A system that gives flawed recommendations based on incomplete data, hidden bias or weak assumptions may deepen governance failures.

Singapore’s corporate law framework continues to place responsibility on human directors. Directors are expected to act honestly, use reasonable diligence and discharge their duties in the company’s interests. That obligation does not shift to software vendors, consultants or internal AI teams merely because a board relied on machine-generated analysis. If directors accept AI output without challenge, the legal and reputational risk remains with the board.

Regulators have therefore focused on controls rather than replacement. Financial institutions already face sharper expectations because AI is being used in credit, insurance, fraud detection, wealth management and customer engagement. The fairness, ethics, accountability and transparency principles promoted for data-driven finance have helped shape how firms assess AI systems, particularly where customer outcomes may be affected. Proposed AI risk-management guidance for the sector points towards stronger board oversight, model governance, validation, monitoring and escalation procedures.

For non-financial companies, the same discipline is becoming harder to avoid. Listed companies must show that boards oversee strategy, risk and management performance. As AI begins to influence capital allocation, workforce planning, cyber-risk management and mergers, directors may need to demonstrate that they understand what the tools can and cannot do. Board papers generated by AI may require clear labelling, version control and records of the human judgement applied before decisions are approved.

The government’s wider AI strategy has added momentum. Singapore has refreshed national AI priorities, expanded support for enterprises and set out plans to help thousands of businesses adopt AI meaningfully. Public investment in AI research, computing capacity and talent is intended to strengthen national competitiveness, while partnerships with major technology firms are drawing more AI activity into the city-state.

Corporate leaders are watching these moves closely. Singapore’s appeal as a trusted business hub depends partly on whether it can offer companies a stable governance environment for AI adoption. The city-state has avoided a heavily prescriptive regime, preferring practical frameworks, testing tools and assurance mechanisms. That has helped businesses experiment, but it also means boards cannot simply wait for detailed rules before acting.

A growing concern is explainability. Board decisions often involve judgement under uncertainty, but directors must still be able to justify their reasoning. AI tools can generate polished recommendations without revealing how conclusions were reached or which data points carried the most weight. That creates problems for audit committees, external auditors and regulators when a decision later comes under scrutiny.

Another risk is over-reliance. Directors may treat AI output as neutral because it appears data-driven, even when the underlying model reflects skewed training data, weak prompts or commercial assumptions built by vendors. Smaller enterprises face an added challenge because they may lack internal expertise to test systems independently. For them, AI adoption can depend heavily on third-party products whose limitations are not always clear.

Singapore’s emerging answer is likely to rest on disclosure, assurance and accountability. AI “nutrition labels” under discussion would help users understand intended uses and limitations of AI products. Testing frameworks and accredited evaluation bodies could make it easier for companies to compare tools and identify risks before deployment. These measures would not remove directors’ obligations, but they could give boards a clearer basis for responsible adoption.

By K Raveendran The new FCRA rules may look like an administrative tightening of India’s foreign funding regime, but their political effect is likely to be far larger than their legal wording suggests. On paper, the framework is simple: organisations receiving foreign donations must be more precise about what they do, where they operate, and […]

The article Strained Atmosphere Adds To Suspicion About New FCRA Rule Changes appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

The SoftBank-backed company has been evaluating a US listing that could raise as much as $500 million and value the business at more than $3 billion, though the size, timing and venue of the offering remain subject to market conditions. A confidential filing would allow Carro to begin regulatory engagement without immediately disclosing detailed financial information to the public.

The move would test investor appetite for a profitable, asset-heavy digital commerce platform at a time when equity markets have become more selective about technology listings. Carro’s case is likely to be watched closely because it combines online vehicle transactions, financing, insurance, after-sales services and data-driven pricing across multiple Asia-Pacific markets.

Founded in 2015 by Aaron Tan, Aditya Lesmana and Kelvin Chng, Carro has grown from an online used-car platform into a broader automotive ecosystem. Its operations cover Singapore, Malaysia, Indonesia, Thailand, Japan, Taiwan and Hong Kong, with Australia also identified as an expansion market. The company uses artificial intelligence and proprietary data tools to inspect, price, finance and sell vehicles, a model designed to reduce friction in a fragmented second-hand car market.

Carro’s financial profile has strengthened ahead of the possible listing. The company posted FY2025 revenue of S$1.2 billion, gross profit of S$149 million and EBITDA of S$43 million, while total assets stood at S$1.3 billion. The results marked its fifth consecutive year of positive EBITDA, offering a contrast with earlier generations of venture-backed marketplaces that pursued scale while absorbing heavy operating losses.

The prospective IPO would come after a series of private funding rounds that brought in heavyweight investors. SoftBank Vision Fund 2 led a US$360 million Series C round in 2021, helping Carro reach unicorn status. Other backers include Temasek, GIC, EDBI, B Capital, Woori Venture Partners and Cool Japan Fund, which led a US$60 million strategic investment last year to support demand for Japanese vehicles across Asia-Pacific.

Carro’s listing plans also reflect a changing market for used cars in Southeast Asia. Rising new-vehicle prices, tighter household budgets, longer replacement cycles and growing acceptance of online purchases have supported demand for certified pre-owned vehicles. Digital platforms are trying to capture this shift by offering inspection guarantees, financing, insurance and warranty products that traditional dealers often provide unevenly.

The company’s expansion into financing is a central part of its investment story. Its fintech arm, Genie Financial Services, has built a loan book while keeping non-performing loans below 0.5 per cent in previously disclosed figures. That lending capability gives Carro an additional revenue stream, but it also exposes the company to credit risk, interest-rate movements and regulatory oversight across several markets.

A US IPO would place Carro in front of investors familiar with listed online auto retailers such as Carvana, whose turnaround has helped restore interest in the sector. Stronger US used-car platform earnings have improved sentiment, but investors remain cautious about businesses that carry inventory, require working capital and depend on financing conditions. Carro would need to show that its marketplace margins, ancillary services and regional scale can offset those pressures.

The offering would also be significant for Southeast Asia’s start-up ecosystem. A successful listing could become one of the largest US debuts by a company from the region since Sea’s 2017 flotation and may encourage other late-stage technology firms to revisit overseas listing plans. Traveloka, Carsome and Xendit have all been viewed as potential public-market candidates, though each faces different timing, valuation and profitability considerations.

For SoftBank, Carro’s progress would add to efforts to demonstrate exits from its later-stage technology portfolio after several years of volatile valuations. Public-market investors have become more disciplined in assessing growth companies, favouring businesses that can show durable margins, strong cash generation and clearer paths to profitability.

Carro’s final decision is not guaranteed. Market volatility, valuation expectations, disclosure requirements and investor demand could alter the timetable or push the company towards another private financing round before any listing. A confidential filing would mark an important step, but the formal IPO process would still depend on roadshow feedback, regulatory review and broader equity-market conditions.