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CGTN: Waiting for the Boats to Return: A Fisherman's Family in the South China Sea

Fri, 13 Nov 2026 07:00:00 +0700

BEIJING, Nov. 11, 2026 (GLOBE NEWSWIRE) --

In 1975, a fishing boat carrying 30 men went out to sea. It never returned.

Among those lost was Su Xianli, the husband of Fu Yuhua. More than half a century later, she still keeps the only portrait she has of him.

"The three children were still young back then. They had already lost their father. What would they do if they lost their mother, too?" recalls Fu Yuhua.

Her son, Su Biaowei, grew up to become a fisherman. When he heads out to sea, Fu and her daughter-in-law, Lu Chunxiang, wait on shore.

"I do worry about him, especially when the weather is bad or the sea gets rough," says Lu Chunxiang.

For this family, the sea has brought both a livelihood and loss. The same disaster also took the life of Lu Chunxiang's father. She and Su Biaowei were both five years old when they lost their fathers. Years later, they married and built a life shaped by the same sea.

Today, another generation still goes out to fish. And the family still waits.

A Life Shaped by the Sea

This pattern of departure and waiting is not unique to one family. In Tanmen, a fishing town in southern China's Hainan Province, generations of fishermen have made their living from the South China Sea.

Some inherited the routes and skills of their elders. Su Chengfen began going to sea with his grandfather at the age of 13. The traditional navigation books he kept, known as Genglubu, recorded routes used by fishermen long before satellite navigation.

"If we want to know which course to take to a particular reef, we just look it up in the Genglubu," said Su Chengfen, who died in 2021.

Others continue to dive among the reefs to catch fish, using skills learned over years of practice. But catches have declined, and fewer young people are taking up the traditional method.

On Jinqing Island, fishermen are adapting in other ways. Larger vessels carry smaller fishing boats farther offshore. Feng Ping, whom the documentary crew first met 12 years ago, now also transports supplies between islands.

"The sea we sail has not changed much. What has changed are the people," says Feng Ping.

Their lives are different, but the connection remains. The sea is where they work, where knowledge passes between generations and where every departure and return is part of family life.

The Meaning of Home

As a child, Wang Zhenzhong would go to the shore with his mother to wait for his father's boat. In those days, families had little way of knowing when the fishermen would return.

"We saw a tiny dot on the horizon, slowly getting bigger. A boat was coming back. But when it reached the harbor, it wasn't ours. So, we had to keep waiting," recalls Wang Zhenzhong.

His memory echoes the story of Fu Yuhua and her family. Across generations, fishermen have gone out to sea, while their families have waited for them to return.

These are among the stories told in The Sea We Call Home, a CGTN documentary featuring five stories of islanders and fishermen in the South China Sea. Through their lives, the film explores traditional navigation, changing fishing practices and the ties between people and the sea.

For these fishermen, the sea is more than a place to earn a living. It carries the knowledge of their elders, the memory of those they have lost and the hope of seeing loved ones return.

"Men venture far out to sea. They do it for home. Women wait for them and raise their children. That is home. When the children grow up, they follow in their fathers' footsteps. That, too, is home," says Wang Zhenzhong.

Teva Shares Innovative Pipeline Updates and Unveils Path to Future Growth at R&D Day, Targeting $6-7 Billion in Innovative Medicines Revenue by 2030

Fri, 13 Nov 2026 06:51:00 +0700

The Company has more than doubled revenue from innovative medicines since launching Pivot to Growth in 2023, demonstrating sustained execution and the growing strength of its high-velocity biopharma model

A live webcast of the event and presentation materials will be available on Teva's Investor Relations website at Events and Presentations, with the webcast beginning at 8:30 a.m. EST today and concluding at 12:30 p.m. EST.

A dedicated media Q&A with Teva leadership will follow the webcast. The session is intended for members of the media, who can register to participate here.

TEL AVIV, Israel and PARSIPPANY, N.J., Nov. 11, 2026 (GLOBE NEWSWIRE) -- Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) today will host its first-ever R&D Day, outlining the next phase of the company's growth and its ambition to generate $6-7 billion in innovative medicines revenue by 2030.

President and CEO Richard Francis, together with members of Teva's executive leadership and R&D teams, will highlight Teva's advancing pipeline, differentiated R&D model and the potential to launch one innovative medicine per year over the next five years.

"With our Pivot to Growth strategy, we set out to transform Teva," said Richard Francis, Teva's President and CEO. "Since then, we have more than doubled our innovative medicines revenue, built a pipeline with more than $10 billion in peak sales potential, and returned to investment grade. We've made meaningful progress, driven by teams that are bringing together the speed and agility of a biotech with the scale and capabilities of a global biopharmaceutical company. Our R&D engine and commercial excellence are designed to translate proven science into new medicines, with the potential for one new launch annually through 2030, driving revenue growth, margin expansion and strong cash generation."

Teva will provide updates on its differentiated R&D approach, late-stage growth drivers and early-stage pipeline assets, in-house antibody discovery capabilities, as well as its commercial and financial capabilities to support its upcoming next wave of innovation and longer-term shareholder value creation. The next wave of growth drivers supporting Teva's growth ambition beyond 2030:

Anti-IL-15: Phase 2a study in Celiac disease met its primary endpoint, with a Phase 2b study expected to begin in the second half of 2027. In vitiligo, TEV-'408 is advancing into a Phase 2/3 study building on encouraging Phase 1b results. Teva is also evaluating the potential of TEV-'408 in additional indications, including alopecia.

Anti-PD-1/IL-2 ATTENUKINE: The investigational asset is currently in Phase 1 development in advanced cancer, with early efficacy signals and a favorable safety profile observed to date.

Next Generation antibodies: Teva is advancing its early-stage pipeline with next-generation precision antibodies, including anti-TSLP/IL-13 and anti-TL1A/IL-23, applying its antibody-engineering capabilities and understanding of disease biology with a potential to build potential new treatments in in asthma and inflammatory bowel disease.

The presentation is grounded in the fundamentals that enable Teva's journey:

Differentiated R&D approach: Focuses on proven science from internal or external sources enabling accelerated development. This aims to build assets with best-in-class potential, including a late-stage pipeline with a potential of more than $10 billion in combined peak sales, subject to regulatory approvals.

Disciplined decision-making and capital allocation: Fast, data-driven decisions and allocating capital into high-return opportunities. Its targeted and strategic partnerships allow it to expand and accelerate its pipeline.

Strong commercial capabilities: Deep patient and healthcare understanding, strong analytics and access experience, combined with expertise to drive launch excellence, build markets and help innovative medicines reach the patients who need them.

Financial strength and capital allocation: In 2026, Teva has returned to an investment grade credit rating. Its disciplined and focused reinvestment funds the pipeline, launches and business development in areas of focus, to continue to create shareholder value.

This approach has already accelerated timelines across our late-stage pipeline, including WELTRUZATM going directly from Phase 1 into Phase 3, ecopipam receiving FDA priority review and advancing anti IL-15 in vitiligo as a seamless Phase 2/3 program later this year.

A biopharma company, by the numbers

Since launching its Pivot to Growth strategy in 2023, Teva has delivered on the commitments with Teva's revenue from innovative medicines more than doubling, with its three key innovative products AUSTEDO (deutetrabenazine) AJOVY (fremanezumab-vfrm) and UZEDY (risperidone) expected to grow more than 125% by the end of 2026. In addition, Teva has recently launched WELTRUZA (olanzapine).

Innovative medicines now make up more than 20% of Teva's revenue, gross margin has improved to 55%1, and Teva has seven late-stage pipeline assets with high-value potential. The innovative pipeline has grown to ten programs, including two clinical antibodies discovered in-house. Teva's generics business has been stabilized in recent years, its revenue from biosimilars is expected to double from 2024 to 2026, and Teva has generated more than $6 billion in free cash flow from 2023 to 2025. Teva's return to investment grade credit ranking provides Teva the financial foundation to fund Teva's next phase.

Financial outlook through 2030:

Innovative revenue potential of $6-7 billion by 2030

Innovative gross margins target of above 75%, with the mix shift driving margin expansion

Total revenue: mid-single-digit growth from 2026 to 2030

Free cash flow target of more than $3.5 billion by 2030

Leverage: a clear path to net debt to adjusted EBITDA of 2.0x by the end of 2027

Capital allocation: a disciplined framework funds the pipeline, launches and business development, along with shareholder returns

Presenters include:

Richard Francis, President and Chief Executive Officer

Eric Hughes, MD, PhD, EVP, Global R&D and Chief Medical Officer

Steffen Nock, PhD, Chief Scientific Officer and Head of Global Discovery and Human Translational Science

David Gardiner, MD, SVP, Head of Innovative Medicines and Clinical Development

Chris Fox, EVP, U.S. Commercial and Global Innovative Medicines

Eli Kalif, EVP, Chief Financial Officer

Webcast and materials

A live webcast and the presentation materials will be available on Teva's Investor Relations website at ir.tevapharm.com/Events-and-Presentations. An archived version will be posted within 24 hours of the event. An interactive digital magazine and press kit is available on tevapharm.com.

Pipeline products are investigational and subject to clinical development and regulatory approval. Peak sales figures are non-risk-adjusted and indicative. Financial measures other than revenue are non-GAAP.

About Teva

Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) is a global biopharmaceutical company, enabled by a world-class generics business. For over 120 years, Teva's commitment to bettering health has never wavered. From innovating in the fields of neuroscience and immunology to providing complex generic medicines, biosimilars, and pharmacy brands worldwide, Teva is dedicated to addressing patients' needs, now and in the future. At Teva, We Are All In For Better Health. To learn more about how, visit www.tevapharm.com.

Teva Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which are based on management's current beliefs and expectations and are subject to substantial risks and uncertainties, both known and unknown, that could cause our future results, performance or achievements to differ significantly from that expressed or implied by such forward-looking statements. You can identify these forward-looking statements by the use of words such as "should," "expect," "anticipate," "estimate," "target," "may," "project," "guidance," "intend," "plan," "believe" and other words and terms of similar meaning and expression in connection with any discussion of future operating or financial performance.

Important factors that could cause or contribute to such differences include risks relating to: our ability to become a high-velocity biopharmaceutical company and to achieve the potential revenue growth from innovative medicines; our ability to deliver on the ambitions and targets for the development of our pipeline assets; our ability to achieve the financial targets for 2030 included in this press release and in the R&D Day presentation; our ability to successfully compete in the marketplace, including our ability to develop and commercialize additional pharmaceutical products; our ability to successfully execute our Pivot to Growth strategy, including to expand our innovative and biosimilar medicines pipeline and profitably commercialize the innovative medicines and biosimilar portfolio, whether organically or through business development, and to sustain and focus our portfolio of generic medicines and to execute on our organizational transformation and to achieve expected cost savings; our significant indebtedness, which may limit our ability to incur additional indebtedness, engage in additional transactions or make new investments, and our potential need to raise additional funds in the future, which may not be available on acceptable terms or at all; our business and operations in general, including: the impact of global geopolitical, economic conditions and other macroeconomic developments and the governmental and societal responses thereto, and our exposure to changes in international trade policies; and other factors discussed in our Quarterly Report on Form 10-Q for the third quarter of 2026 and in our Annual Report on Form 10-K for the year ending December 31, 2025, including in the sections captioned "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements."

Forward-looking statements speak only as of the date on which they are made, and we assume no obligation to update or revise any forward-looking statements or other information contained herein, whether as a result of new information, future events or otherwise. You are cautioned not to put undue reliance on these forward-looking statements.

Non-GAAP Financial Measures

This press release includes certain non-GAAP financial measures as defined by SEC rules. These non-GAAP financial measures, including, but not limited to, non-GAAP operating margin, non-GAAP gross profit margin, adjusted EBITDA and free cash flow, are presented in order to facilitate investors' understanding of our business. Please see our press release reporting our financial results for the third quarter of 2026, as well as our latest Annual Report on Form 10-K filed with the SEC, for a reconciliation of the non-GAAP financial measures to their nearest GAAP equivalents.

Management believes that such non-GAAP financial measures provide useful information to investors to facilitate their understanding of our business because the non-GAAP financial measures are used by Teva's management and board of directors, in conjunction with other performance metrics, to evaluate the operational performance of the company, to compare our results against the company's work plans and budgets, and ultimately to evaluate the performance of management; the company's annual budgets are prepared on a non-GAAP basis; and senior management's annual compensation is derived, in part, using non-GAAP measures. Investors should consider the non-GAAP financial measures in addition to, and not as replacements for, or superior to, measures of financial performance prepared in accordance with GAAP.

We are not providing the most comparable forward-looking GAAP measures for non-GAAP metrics included in our financial outlook or a quantitative reconciliation of forward-looking non-GAAP financial measures to the most directly comparable GAAP measures because we are unable to predict with reasonable certainty the ultimate outcome of certain significant items including, but not limited to, the amortization of purchased intangible assets, legal settlements and loss contingencies, impairment of long-lived assets and goodwill impairment, without unreasonable effort. These items are uncertain, depend on various factors, and could be material to our results computed in accordance with GAAP. Revenues and CAPEX are presented on a GAAP basis.

YYForce Issues US$70 Million Revenue Guidance for FY2026

Fri, 13 Nov 2026 06:46:00 +0700

Outlook implies approximately 22% year-over-year growth from audited FY2025 revenue of US$57.2 million

SINGAPORE, Nov. 11, 2026 (GLOBE NEWSWIRE) -- YYForce Inc. (Nasdaq: YFOR) ("YYForce" or the "Company"), an AI-enabled enterprise workforce and robotics technology platform, today issued its financial guidance for the fiscal year ending December 31, 2026, projecting full-year revenue of US$70.0 million.

The outlook represents approximately 22% year-over-year revenue growth compared to audited fiscal year 2025 revenue of US$57.2 million.

The projected US$12.8 million increase in revenue reflects growing enterprise demand for the Company's proprietary Workforce OS platform, continued commercial robotics deployments, and expanding recurring software-and-service contracts across Southeast Asia, as well as expected contributions from businesses acquired or established in 2026.

Key Financial & Operating Highlights

FY2026 Revenue Guidance: Targeted at US$70.0 million, representing approximately 22% year-over-year growth.

FY2025 Revenue Baseline: Audited benchmark of US$57.2 million.

Projected Revenue Increase: Projected US$12.8 million increase in revenue.

Margin Expansion: AI matching algorithms and automated service deployment continue to drive operating leverage across regional operational hubs.

Balance Sheet Discipline: Funded expansion supported by positive operating cash flow generation and a streamlined capital structure.

Executive Commentary

"Growing the US$57.2 million FY2025 benchmark toward a projected US$70.0 million in FY2026, representing approximately 22% year-over-year growth, reflects continued enterprise adoption of our AI-enabled operating architecture," said Mike Fu, Chief Executive Officer of YYForce. "By embedding proprietary dispatch software and commercial service robotics directly into enterprise workflows, YYForce seeks to deliver cost efficiency to our clients while supporting revenue growth. Based on our current Southeast Asian pipeline, we remain focused on executing our commercial expansion strategy for the remainder of fiscal 2026."

About YYForce Inc.

YYForce Inc. (Nasdaq: YFOR) is a technology-enabled provider of workforce solutions and integrated facility management services. The Company is developing a future workforce ecosystem integrating human talent, artificial intelligence, humanoid and service robotics, IoT technologies, and digital facility-management platforms.

Through its workforce operations, integrated facility-management capabilities, 24iFM platform, and emerging robotics initiatives, YYForce seeks to support the transition toward technology-enabled, human-and-machine collaborative service delivery.

For more information, visit www.yyforce.ai.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on the Company's current expectations, assumptions and information available to it as of the date of this release. Forward-looking statements can be identified by words such as "may," "will," "should," "expects," "anticipates," "plans," "intends," "believes," "estimates," "potential" or similar expressions, or the negative of these terms.

Forward-looking statements in this release include, but are not limited to, statements regarding the Company's projected revenue of US$70.0 million for the fiscal year ending December 31, 2026 and the anticipated year-over-year growth rate; expected demand for the Company's workforce, facility management, software and robotics services; the timing and volume of customer contracts and deployments; operating margins and cash flow; and the Company's strategy, investment priorities and operating objectives.

Forward-looking statements involve inherent risks and uncertainties, and the forward-looking events discussed in this press release may not occur. Actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about the Company and a number of factors, including, among others, the Company's history of net losses and the substantial doubt about its ability to continue as a going concern; its ability to obtain financing on acceptable terms; and its ability to integrate recently acquired businesses. For a more detailed discussion of risk factors, please refer to the Company's filings with the U.S. Securities and Exchange Commission, including the "Risk Factors" section of the Company's most recent annual report on Form 20-F, as amended, and its subsequent filings with the SEC.

The revenue guidance reflects management's current estimates as of the date of this release, has not been reviewed or audited by the Company's independent auditors, and should not be relied upon as a prediction of actual results. YYForce undertakes no obligation to update these statements except as required by applicable law.

The 27th China International Education Annual Conference held a cloud dialogue, where Yin Yuzhen and Saikaos discussed the exchange of folk ecological education

Thu, 12 Nov 2026 09:00:00 +0700

Photo: On August 24th, after 26 years, 'Saikai Si' returned to the Maowusu Desert and planted saplings again with Yin Yuzhen and her husband. After planting trees with Yin Yuzhen (left), 'Saikai Si' sniffed the saplings.

BEIJING, CHINA - Media OutReach Newswire - 11 November 2026 - The 27th China Annual Conference & Expo for International Education (CACIE) hosted a "CACIE Talk" session in Beijing on October 30, where Yin Yuzhen, a Chinese anti-desertification pioneer, Bai Fan, head of the Luoyang No. 2 Foreign Language School Education Group, and their American friend Sakolsky, whose full name is Ronald Sakolsky, reconnected via video link. The brief conversation added a new footnote to a cross-border green story now spanning 26 years.

In the video link, Sakolsky said he had launched preparations on October 1 to establish the Sakolsky Foundation. He plans to work with the China Education Association for International Exchange to build a platform for exchanges between Chinese and American teachers and students, using people-to-people exchanges to bridge cultural divides. Communication and understanding, he said, are important bridges to a peaceful future for young people in the global village we all share.

Bai Fan also noted that face-to-face cross-border educational exchanges can help young people learn tolerance and respect, and see a real, multi-dimensional China. Yin Yuzhen responded with a simple observation that resonated with the audience: planting trees and nurturing people both come down to perseverance.

The friendship had its origins in the Maowusu Sandy Land. In 1999, Sakolsky, then teaching in Luoyang, was moved by Yin Yuzhen's story of taking root in the desert to control desertification, and raised $5,000 himself to support her afforestation efforts. Yin invested the entire sum in the sandy land, planted some 50,000 saplings, erected a stone marker bearing her friend's name, and kept one dollar as a memento.

The two then lost touch for more than two decades. Yin kept up her sand-control work day after day while thinking of her friend far away. In May 2026, she posted a video appeal to find him and located Sakolsky within 26 hours. In August that year, the two met in person in Ordos and walked together into the forest that now stands there.

For more than four decades, Yin Yuzhen and her husband have remained committed to the Maowusu, bringing a total of 70,000 mu (about 4,667 hectares) of barren sand under control. The shifting dunes that once rolled with yellow dust have gradually become woodland and pasture. Today, 85 percent of the Maowusu Sandy Land in Uxin Banner has been treated, and the transformation of this sandy expanse is regarded as a model case in reversing land degradation worldwide. Over the years, the area has continued to attract volunteers from many countries to take part in desertification control, and people-to-people cooperation on environmental protection has continued to grow.

The goodwill that began with sand control has long gone beyond a single stretch of sandy land. On October 15 this year, Yin Yuzhen was named one of the inaugural "100 Women Heroes in Agrifood Systems and Rural Development" at the headquarters of the Food and Agriculture Organization of the United Nations (FAO) in Rome. There she joined Sakolsky and FAO Director-General Qu Dongyu in planting a crape myrtle as a symbol of friendship, sharing China's experience in desertification control on the international stage. Windblown sand respects no borders, and a shared commitment to ecological conservation has carried the story of two ordinary people out of the desert and onto the international multilateral platform.

The thread of people-to-people friendship clearly runs from the saplings in the Maowusu to the crape myrtle as a mark of friendship in Rome, and now to the conversation in Beijing about exchanges among young people. Sakolsky's plan to establish the foundation is meant to carry forward the goodwill that began in the desert: starting from an ecological commitment, using educational exchange as a bond, and helping more young people build connections and pass on the power of goodness and beauty.

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

Axi joins Babypips as an advertising partner through its Trusted Partner programme

Thu, 12 Nov 2026 08:56:00 +0700

The arrangement gives Axi an opportunity to introduce its trading services to Babypips' established global audience through its advertising platform

SYDNEY, Nov. 11, 2026 (GLOBE NEWSWIRE) -- Axi, a global online FX and CFD broker, has joined Babypips as an advertising partner through its Trusted Partner programme, providing an opportunity to increase brand visibility among an established audience of forex traders and those looking to learn more about financial markets.

Founded in 2005, Babypips has become an established online destination for forex education, helping millions of readers understand the foreign exchange market. Its accessible learning resources explain forex trading and the economic forces that influence currency prices and wider financial markets.

Its educational offering includes the School of Pipsology, a structured, self-paced programme with free courses covering forex basics and technical analysis. Its Premium curriculum goes further into price action, macro fundamentals, intermarket analysis, global liquidity and trading plan development, with a strong emphasis on risk management. Babypips also offers market commentary, trading tools, quizzes and a community forum.

Through the Trusted Partner programme, Axi will be featured as an advertising partner on Babypips, giving readers the opportunity to discover more about the broker and its trading services through designated promotional placements. The arrangement provides Axi with access to a relevant audience while allowing Babypips to maintain a distinction between advertising partnerships and its independent educational and editorial content.

"Babypips has built an established presence within the forex education space, reaching an audience interested in understanding and participating in financial markets. Becoming an advertising partner through its Trusted Partner programme gives Axi an opportunity to increase our visibility among this audience and introduce more traders to our offering," said Julie Sharova, Global Head of Marketing at Axi.

To support traders at every stage, the School of Pipsology has continually evolved beyond introductory forex into advanced market study. Its latest curriculum updates feature specialised modules on price action trading, macro fundamentals, global liquidity, and a practical prop firms 101 guide. Alongside these structured lessons, the platform's active community forums provide an open space for traders around the world to debate strategy, analyse market movements, and share ideas in real time.

About Axi

Axi is a global online FX and CFD broker, providing thousands of clients across 100+ countries with access to financial markets through intuitive trading platforms, advanced tools, and educational resources. Its product suite includes forex, CFDs, and perpetual futures, with availability varying by region and entity.

About Babypips

Founded in 2005, Babypips is one of the world's most trusted online resources for retail traders. The platform is best known for its flagship School of Pipsology. Beyond education, Babypips empowers market participants with MarketMilk, an intuitive visual technical analysis and screening tool, and daily market commentary authored entirely by its veteran in-house editorial team.

The team covers forex, equities, commodities like gold and oil, and broader financial markets. Backed by an active global trading community, Babypips equips millions of readers each month with clear, actionable insights to navigate modern investing. For more information, visit www.babypips.com.

The savings that cost more: new report puts a number on Europe's innovation choice

Thu, 12 Nov 2026 08:50:00 +0700

This release is intended for the general public, healthcare professionals, policymakers and other healthcare decision-makers, plus pharmaceutical, policy and trade media.

New analysis of five EU countries as well as Canada, Japan and the UK quantifies what governments stand to gain or lose by 2035 under pro- and contra-innovation policy choices

Europe risks falling further behind the US and China on R&D investments, clinical trials and access to new medicines

Cutting investments into medical innovation today could lead to raising overall healthcare spending tomorrow

Attractive market conditions for new medicines are as much a prerequisite for strategic healthcare autonomy as research and manufacturing

Ingelheim, Germany - EY today released "Innovation at a Crossroads," a report commissioned by Boehringer, on how policy choices could shape the economy, healthcare systems and strategic autonomy in the EU until 2035. The report assesses France, Germany, Italy, Poland and Spain, as well as EU-level policy, and compares them with Canada, Japan and the UK.

The EY report finds that Europe has significant strengths to draw upon but that policymakers continue to balance a range of competing challenges. These include rising healthcare demand and constrained public finances, as well as the need to strengthen competitiveness, reduce external dependencies and respond to intensifying geopolitical tensions and global competition for investment. Since 2010, EU pharmaceutical R&D spending has grown 4.4% a year, against 5.5% in the US and 20.7% in China, and the European Economic Area's share of commercially sponsored clinical trial starts fell from 22% in 2013 to 12% in 2023. The report concludes that the EU is not losing its science edge as such but is facing challenges in creating the commercial and regulatory conditions required to allow science to translate into economic growth and value.

To explore the consequences of different policy choices, the report sets out two scenarios. In a pro-innovation scenario, governments create predictable conditions through stable intellectual property frameworks, efficient regulation, competitive reimbursement, and support for commercialization. In a contra-innovation scenario, governments introduce cost containment measures that may ease budget pressures in the short run but create higher healthcare costs in the mid- to long-term. The scenarios illustrate the upside and downside of today's policy choices to quantify what countries could gain or lose under different trajectories.

Key findings include:

Economy: Weaker innovation incentives could impact economic competitiveness and healthcare resilience. R&D investment is fragile and depends on predictable pricing, strong IP protection and efficient regulation. For example, France's corporate R&D expenditure in pharmaceuticals would rise only 14% in the contra-innovation scenario, compared with 66% in the pro-innovation scenario.

Healthcare: Pharmaceutical innovation can help reduce future healthcare costs, so it should be treated as a long-term investment, not simply as an expense. As an example, in 2035, a pro-innovation path would leave German healthcare spending about 3.1 percentage points of GDP lower than a contra-innovation path, saving around EUR124 billion.

Strategic autonomy: Creating the right conditions to support the launch of new pharmaceuticals in Europe is critical to allow Europeans to benefit from the latest medical innovation. To be effective, research & development and local manufacturing capacity should be supported by a commercial environment that retains, scales innovation in domestic markets. The analysis shows that in France, Germany and Italy, a pro-innovation policy path could result in around 390 additional Life Sciences companies being founded per year by 2035 compared with a contra-innovation path, strengthening Europe's domestic innovation ecosystem.

"Pharmaceutical innovations should not be seen simply as a cost for healthcare systems. Innovation allows us to prevent disease, reduce hospital stays, and keep economies productive. This report shows that affordability and innovation are not competing goals but need to be addressed together," said Shashank Deshpande, Chairman of the Board of Managing Directors, Boehringer Ingelheim.

The report highlights that a coordinated approach, aligning healthcare, industrial, innovation and economic policy, relies on the following requirements: predictable and transparent pricing frameworks, strong and reliable intellectual property protection, and efficient and timely regulatory pathways.

Download the report here: https://www.ey.com/en_uk/industries/life-sciences-innovation-at-a-crossroads

About the "Innovation at a Crossroads" report

The report was commissioned by Boehringer to consider policy developments and their impacts in order to provide a strategic assessment of the policy landscape, rather than a precise quantitative forecast. Based on analysis by EY, the report's policy assessment covers measures introduced or proposed between 2022 and June 2026. The assessment and scenarios rely on a set of assumptions and judgements regarding the potential impact of policies, which are inherently uncertain.

Boehringer Ingelheim

Boehringer Ingelheim is a biopharmaceutical company active in both human and animal health. As one of the industry's top investors in research and development, the company focuses on developing innovative therapies that can improve and extend lives in areas of high unmet medical need. Independent since its foundation in 1885, Boehringer takes a long-term perspective. Our approximately 54,300 employees serve over 130 markets to build a healthier tomorrow. Learn more at https://www.boehringer-ingelheim.com (Global) or https://www.boehringer-ingelheim.com/uk (UK).

HKSTP Achieves Fruitful Success at Inaugural Participation in Singapore Urban Mobility Week 2026

Thu, 12 Nov 2026 08:44:00 +0700

Source: Hong Kong Science and Technology Parks Corporation

Leading 10 Park Companies to Expand Overseas and Deepen Collaboration with Singapore

HONG KONG SAR - Media OutReach Newswire - 11 November 2026 - Hong Kong Science and Technology Parks Corporation (HKSTP) has successfully concluded its inaugural participation at Singapore Urban Mobility Week 2026 (SUMW 2026), organised by the Land Transport Authority (LTA) of Singapore from 4-6 November 2026. This mission also marked HKSTP's first dedicated overseas pavilion focused on the theme of "Smart Mobility".

Leading a delegation of 10 outstanding park tech ventures, HKSTP showcased Hong Kong's cutting-edge R&D capabilities in smart transit, autonomous driving, passenger experience, and intelligent transport solutions. The initiative actively unlocked international partnerships and commercial opportunities, reinforcing Hong Kong's firm positioning as an international innovation and technology hub.

Through this delegation, HKSTP further solidified its strategic partnership with Singapore government authorities while expanding multifaceted collaborations with local commercial partners across land transport operators, urban rail networks, and major transport hubs.

Notably, Mr. Ng Lang, Chief Executive of the Land Transport Authority (LTA) of Singapore, visited the HKSTP Pavilion, acknowledging the immense potential of park ventures to integrate into Singapore's smart mobility ecosystem. Additionally, HKSTP hosted the "HKSTP Global Mixer ? Mobility & Logistics in Singapore" networking event, gathering over 100 representatives from the Hong Kong Economic and Trade Office in Singapore, InvestHK, HKTDC, park ventures, and Singaporean industry leaders to foster multi-party dialogue and cross-border exchange.

Mr Terry Wong, Chief Executive Officer of HKSTP, said: " HKSTP is committed to empowering tech ventures to scale globally. Debuting our first overseas smart mobility pavilion provides a targeted strategy that opens doors for park companies to connect directly with local authorities, industry leaders, academia, and investors. This initiative highlights Hong Kong's unique role as a gateway for cross-border collaboration and a 'super-connector' and 'super value-adder'. HKSTP will continue to expand its network across Southeast Asia and deepen long-term collaboration between Hong Kong and Singapore in smart city and transport technologies, reinforcing Hong Kong's position as an international innovation and technology hub."

HKSTP has been actively driving cross-regional collaborations in recent years to provide comprehensive support for park ventures expanding into Southeast Asia and international markets, delivering remarkable results. Moving forward, HKSTP will continue to leverage its strength as a "two-way gateway" to lead more outstanding tech ventures beyond Hong Kong, deepen global commercial and technical matchmaking, and empower them to achieve tangible business breakthroughs in overseas markets.

Click here to download high-res photos

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

Hashtags: #HKSTP #HongKongScienceandTechnologyParksCorporation

Holafly launches Global eSIM & Travel Report 2026-2027, revealing how the way we travel is changing

Thu, 12 Nov 2026 08:36:00 +0700

DUBLIN, Nov. 11, 2026 (GLOBE NEWSWIRE) -- Travel is changing, and not simply because people are going abroad more often; as travellers, we are rethinking where we go, how we plan our journeys and what we expect along the way. What was considered a luxury just a few years ago is now a must-have, while things we could hardly have imagined have become part of everyday life.

Think back to when finding a taxi in an unfamiliar city meant having to call for one, something most travellers would hardly think of doing today.

To understand these changes and how travel continues to evolve, Holafly has launched the second edition of its Global eSIM & Travel Report 2026?2027, bringing together the experiences and expectations of 5,220 international travellers across 13 countries to explore the forces shaping travel today and tomorrow.

The report looks at how people travelled in 2026, where they are planning to go in 2027 and how technology and sustainability are influencing their decisions. It also explores the evolution of business travel and how travel eSIMs are changing the way we use our phones abroad. Rather than focusing on a single trend, it brings these perspectives together to understand what travellers increasingly expect from their journeys.

One of the clearest findings is that the appetite for international travel remains strong, with 49% of respondents travelling more frequently than they did two years ago and 75% expecting to take at least two international trips in 2027, up from 67% last year. Travellers are also becoming more independent, with solo travel rising from 20% to 24% over the past year.

The way travellers access the internet abroad is changing rapidly, with 29% of respondents now using eSIMs as their main way of accessing mobile data abroad, up from 17% in 2025, while 44% frequently use AI to plan their trips, an increase of 13 percentage points. What once felt like an added convenience is now becoming something travellers expect to have at their fingertips.

"The interesting thing about travel is how quickly our expectations change. A few years ago, managing almost everything from your phone felt like a convenience; today, we simply expect it to work, wherever we are. What matters is not the technology itself, but what it allows people to do. This report helps us understand how those everyday changes are transforming the way we experience the world," said Alfonso Mata, Head of Strategy at Holafly.

The Holafly Global eSIM & Travel Report 2026-2027 offers a broader picture of an industry evolving alongside its travellers. While the desire to discover new places remains much the same, how we plan, experience and think about our journeys continues to change.

Valeura Energy Inc.: Exploration, Development, and Production Success in Q3 2026

Thu, 12 Nov 2026 08:35:00 +0700

SINGAPORE, Nov. 11, 2026 (GLOBE NEWSWIRE) -- Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) ("Valeura" or the "Company") reports its unaudited financial and operating results for the three and nine month periods ended 30 September 2026.

The complete quarterly reporting package for the Company, including the unaudited financial statements (the "Interim Financial Statements") and associated management's discussion and analysis ("MD&A") are being filed on SEDAR+ at www.sedarplus.ca and posted the Company's website at www.valeuraenergy.com.

Q3 Highlights

Oil production of 2.036 million bbls, averaging 22,128 bbls/d(1);

Oil sales of 2.013 million bbls;

Price realisations averaged US$97.4/bbl, resulting in revenue of US$196.1 million;

Adjusted EBITDAX of US$115.8 million(2) and adjusted cashflow from operations of US$93.6 million(2);

Net cash of US$384.9 million(3), with no debt.

Exploration discovery on Block G1/48(4) ? the Suraphi oil field;

Final investment decision ("FID") on the first phase of development of the Bussabong gas field, on Block G3/65(5); and

Milestone cumulative production of 100 million bbls of oil from the Jasmine/Ban Yen field on Block B5/27(6) as of 21 September 2026.

Recent Achievements

Early completion and installation of the new Wassana central processing platform ("CPP") on Block G10/48(6).

(1) Working interest share production, before royalties.

(2) Non-IFRS financial measure or non-IFRS ratio ? see "Non-IFRS Financial Measures and Ratios" section.

(3) Includes restricted cash of US$15.8 million.

(4) 70% operated working interest.

(5) 40% non-operated working interest.

(6) 100% operated interest.

Dr. Sean Guest, President and CEO commented:

"Across the entire spectrum including exploration, development, and production, our performance in Q3 2026 provides strong examples of how we are delivering value for our stakeholders. We are firing on all cylinders.

Our exploration discovery at Suraphi creates a line of sight to a longer life for the G1/48 Block by unlocking both new and stranded oil accumulations in the vicinity. Our Wassana redevelopment project demonstrates our ability to execute high value offshore developments efficiently, underscored by our two-month acceleration of the CPP installation. Our FID of the first phase of development at the Bussabong field lays a framework for us to diversify our portfolio and to build materiality from gas development over time. All of this was delivered safely, and while recording high-margin oil production exactly in line with our plan.

From a financial perspective, our Q3 performance illustrates how our portfolio is pre-disposed to turning high oil prices into a formidable stream of cash flow. As a result, by the end of Q3 our balance sheet had grown to US$385 million in cash, with no debt. This position, together with our undrawn credit facility, provides the wherewithal for us to pursue our inorganic growth ambitions in Thailand and elsewhere in the region. We are excited by the opportunity set before us and see the potential for Valeura to deliver transformational growth."

Financial and Operating Results Summary

		Three months ended			Nine months ended
		30 September 2026	30 September 2025	Delta (%)	30 September 2026	30 September 2025	Delta (%)
Oil Production(1)	(願 bbls)	2,036	2,114	-4%	6,075	6,210	-2%
Average Daily Oil Production(1)	(bbls/d)	22,128	22,976	-4%	22,254	22,743	-2%
Average Realised Price	($/bbl)	97.4	72.1	+35%	93.5	72.9	+28%
Oil Volumes Sold	(願 bbls)	2,013	2,160	-7%	5,861	5,943	-1%
Oil Revenue	($'000)	196,106	155,651	+26%	548,126	432,996	+27%
Profit before income taxes	($'000)	48,690	23,689	+106%	149,813	76,681	+95%
Net Income	($'000)	25,646	15,813	+62%	84,695	35,335	+140%
Adjusted EBITDAX(2)	($'000)	115,814	80,710	+43%	320,274	230,306	+39%
Adjusted Pre-Tax Cashflow from Operations(2)	($'000)	109,779	77,667	+41%	294,486	202,536	+45%
Adjusted Cashflow from Operations(2)	($'000)	93,558	73,616	+27%	268,988	197,034	+37%
Operating Costs	($'000)	52,704	49,093	+7%	142,413	131,741	+8%
Adjusted Opex(2)	($'000)	57,118	52,525	+9%	166,847	158,830	+5%
Operating Costs per bbl	($/bbl)	25.9	23.2	+12%	23.4	21.2	+10%
Adjusted Opex per bbl(2)	($/bbl)	28.1	24.8	+13%	27.5	25.6	+7%
Adjusted Capex(2)	($'000)	40,861	52,355	-22%	150,739	134,189	+12%
Weighted average shares outstanding ? basic	(願 shares)	106,271	106,219	+0%	106,028	106,339	-0%

		As at
		30 September 2026	31 December 2025	Delta (%)
Cash and cash equivalents(3)	($'000)	384,941	305,738	+26%
Adjusted net working capital(2)	($'000)	366,513	261,498	+40%
Shareholder's equity	($'000)	630,716	542,796	+16%

(1) Working interest share production before royalties.

(2) Non-IFRS financial measure or non-IFRS ratio - see "Non-IFRS Financial Measures and Ratios" section.

(3) Includes restricted cash.

Financial Update

The Company's Q3 2026 financial performance reflects ongoing production operations at all four of its operated fields in the offshore Gulf of Thailand, and was influenced by continuing high realised prices during the quarter, coupled with sales volumes essentially equivalent to production volumes.

Valeura's working interest share production before royalties averaged 22,128 bbls/d, resulting in a total of 2.036 million bbls produced during Q3 2026, which was approximately 4% lower than Q3 2025. Production was above the Company's expectations for the quarter, and continues to support its production guidance outlook for the full year 2026 as set out in its Revised Guidance (September 2026).

Oil sales totalled 2.013 million bbls during Q3 2026, which was approximately the same as production, and therefore resulted in crude oil inventory being unchanged from the beginning of the quarter. Realised prices during Q3 2026 averaged US$97.4/bbl, a 35% increase over Q3 2025, and a reflection of higher global oil benchmark prices as a result of the conflict in the Middle East.

Q3 2026 revenue was US$196.1 million, an increase of 26% over Q3 2025 revenue, primarily as a result of higher realised prices. Revenue in Q3 2026 includes crude oil receivables of US$22.6 million at 30 September 2026(2), in respect of oil sales just prior to the end of the quarter. Consequently, these particular sales are included in revenue for Q3 2026, but are not reflected in the Company's cash position as at 30 September 2026.

Valeura's cost of operations in Q3 2026 was influenced by continuing high prices for refined fuel products, notably diesel, which is consumed across the Company's portfolio and comprises a material proportion of the operating budget. Operating costs for the quarter totalled US$52.7 million, equating to US$25.9/bbl of oil produced. As previously disclosed, in describing its cost of ongoing operations Valeura focuses primarily on operating costs, which is an IFRS measure.

However, the Company continues to provide information on Adjusted opex, a non-IFRS measure(1), for historical comparative purposes. To derive Adjusted opex, the Company adjusts for (1) the cost of leases, relating primarily to floating infrastructure used in its operations, which totalled US$6.0 million in Q3 2026; and (2) the capitalisation of inventory, amounting in Q3 2026 to (US$1.6) million. These adjustments thereby result in Adjusted opex of US$57.1 million, or US$28.1/bbl of oil produced in Q3 2026. Management estimates that the increase in the price of diesel has resulted in an addition of approximately US$3.7/bbl to its Q3 2026 Adjusted opex versus its original plan.

Valeura generated adjusted cashflow from operations(1) of US$93.6 million in Q3 2026, which was 27% higher than in Q3 2025, reflecting higher cash flow margins which were driven by higher revenue more than offsetting increases in operating costs.

Valeura had no cash tax payments during Q3 2026. Following the Company's cash tax payments in Q2 2026, no further Special Remuneratory Benefit ("SRB") obligations or Petroleum Income Taxes ("PITA") cash payments are anticipated for the rest of 2026. SRB and PITA for 2026 production will be paid in May 2027. PITA accrued for Q3 2026 (relating to the Nong Yao, Wassana, and Manora fields) was fully offset by the application of tax loss carry-forwards.

Valeura made cash outlays in respect of its operating expenses and capex of US$93.6 million in Q3 2026, and generated Other Income, primarily related to its overriding royalty on the Rossukon field and interest income, of US$5.0 million. As a result, the Company's performance was additive to its financial position. As at 30 September 2026, cash had increased to US$384.9 million, including restricted cash of US$15.8 million. Valeura's adjusted net working capital(1) increased to US$366.5 million as at 30 September 2026, an increase of 40% from 31 December 2025.

(1) Non-IFRS financial measure or non-IFRS ratio - see "Non-IFRS Financial Measures and Ratios" section.

(2) Excludes Value Added Tax.

Operations Update

During Q3 2026, Valeura had ongoing production operations at all four of its operated Gulf of Thailand fields. One drilling rig was on contract during the quarter, until demobilisation from its final Valeura drilling operation on 18 September 2026.

Jasmine / Ban Yen

Oil production before royalties from the Jasmine/Ban Yen field, in Licence B5/27 (100% operated interest) averaged 8,238 bbls/d during Q3 2026.

Production rates reflect the impact of a successful drilling campaign which was completed during the quarter. Valeura drilled two new wellbores from the Jasmine-C platform and two from Jasmine-D. The drilling programme included two horizontal development wells and two dual-objective deviated wells drilled for both development and appraisal targets.

In addition to increasing production, the drilling programme's multi-objective wells successfully appraised several new zones, which are being studied as potential future development candidates.

During Q3 2026, cumulative oil production from the Jasmine/Ban Yen field reached a milestone of 100 million bbls produced, substantially exceeding the original production estimates for the field.

Nong Yao

Working interest share oil production before royalties from the Nong Yao field, in Licence G11/48 (90% operated working interest) averaged 9,255 bbls/d during Q3 2026.

In addition to routine production and maintenance operations in Q3 2026, Valeura advanced its project to add four additional well slots to the Nong Yao A platform and completed it in October 2026. The Company has since mobilised its new drilling rig to the Nong Yao field, where it plans to drill three wells from the new slots in Q4 2026.

Wassana

Oil production before royalties from the Wassana field, in Licence G10/48 (100% operated interest), averaged 2,484 bbls/d during Q3 2026. No wells were drilled on the licence in Q3 2026, and no further wells are planned to be drilled from the field's original production facility, the Mobile Offshore Production Unit ("MOPU") Ingenium.

Onshore construction of the Wassana field's new CPP facility progressed ahead of schedule in Q3 2026 and was fully completed on 01 October 2026. The CPP facility's jacket structure and the CPP itself were mobilised to the field in October and safely installed on location. Hook up and commissioning of the facility has commenced and Valeura plans to begin development drilling from the CPP later in Q4 2026.

In accordance with the project plan, installing the CPP will require a shutdown of production from the field's existing production facilities for approximately two months, to execute upgrades to the field's floating storage and offloading vessel. This shutdown is scheduled to begin in mid-November 2026.

Manora

Working interest share oil production before royalties from the Manora field, in Licence G1/48 (70% operated working interest), averaged 2,148 bbls/d during Q3 2026.

During Q3 2026 Valeura drilled the Manora-9 open water exploration well, approximately 4.5 km to the northeast of the Manora-A platform. The well, along with follow-up sidetracks, identified several oil-bearing sandstone intervals within separate fault blocks, thereby constituting a new field on the licence, to be known as Suraphi. Valeura's management believes the discovery is likely to justify a satellite facility development on the block. The Company is evaluating whether to pursue a fast-track development of the Suraphi field, or to first conduct further appraisal drilling in the vicinity, with a decision anticipated by the end of 2026.

Block G1/65 and G3/65

In September 2026, the Cabinet of the Government of Thailand granted executive approval for the transfer of interest from PTTEP Energy Development Company Limited ("PTTEP"), a subsidiary of PTT Exploration and Production Public Company Limited to Valeura, in connection with the Company's strategic farm-in to Blocks G1/65 and G3/65. Valeura expects to complete the administrative steps to close the transfer of 40% non-operated working interest in each of the blocks before the end of 2026.

Also in September 2026, Valeura and PTTEP took a final investment decision to proceed with an initial gas development at the Bussabong gas field on Block G3/65. The project will be Valeura's first organic gas development in its Thailand portfolio and entails two gas wellhead platforms tied in to nearby processing infrastructure. Valeura anticipates first production from the Bussabong field at approximately year-end 2028.

In addition, Valeura and PTTEP are continuing to plan the next phases of appraisal and exploration on several focus areas in both Block G1/65 and G3/65, guided by 3D seismic data, which was acquired in 2025.

T?rkiye

On the West Thrace Production Leases and the West Thrace Exploration Licence, Transatlantic has satisfied the earning requirements entitling it to a 50% undivided working interest, but in Q3 2026, notified Valeura of its intent to relinquish its earning rights. Accordingly, Valeura's interest remains 63% in these blocks and 100% in the Banarli Licence.

The Company intends to seek a new farm-in partner to pursue the next phases of exploration and appraisal on its tight gas play in T?rkiye.

Valeura's management remains primarily focused on executing to add value through its growth-oriented strategy in the Asia-Pacific region, but continues to see the T?rkiye tight gas play as a potentially significant source of value in the longer term.

Guidance

Full year 2026 production is expected to be above the guidance mid-point despite a planned shutdown of the Wassana field now planned to begin in November 2026 rather than in 2027, in accordance with the accelerated redevelopment work plan.

Operating Costs and Adjusted opex continue to be affected by higher than anticipated oil prices and the flow through effect to the cost of diesel fuel. Prices have remained at elevated levels throughout both Q2 and Q3, and are continuing into Q4 2026. As a result, the Company now anticipates its full year Adjusted opex being just above the top end of its Revised Guidance (September 2026) range. Accordingly, Valeura is adjusting its guidance on Adjusted opex as indicated in the Revised Guidance (November 2026) figures below.

All capital projects associated with Valeura's original 2026 work programme, and those added by way of its Revised Guidance, as announced in May and September 2026, remain on budget.

Original Guidance	Revised Guidance (May 2026)	Revised Guidance (September 2026)	Revised Guidance (November 2026)
Production(1)	(願 bbls)	19,500 ? 22,500	19,500 ? 22,500	20,000 ? 22,000	20,000 ? 22,000
Adjusted opex(2)	(US$ million)	190 ? 220	190 ? 220	190 ? 220	225 ? 235
Adjusted capex(2) (including exploration spend)	(US$ million)	175 ? 195	195 ? 215	220 ? 235	220 ? 235

(1) Working interest share production before royalties.

(2) Non-IFRS financial measure or non-IFRS ratio ? see "Non-IFRS Financial Measures and Ratios" section.

The Company intends to fund its Adjusted opex and Adjusted capex spending from ongoing cash flow.

Webcast

Valeura's management team will host an investor and analyst webcast tomorrow, Thursday, 12 November 2026 at 08:00 Calgary / 14:00 London / 21:00 Bangkok / 22:00 Singapore to discuss this announcement. The live audio and video feed can be accessed via the link below. Written questions may be submitted through the webcast system or by email to IR@valeuraenergy.com.

Webcast link: https://events.teams.microsoft.com/event/643f46a0-dd8c-4bd1-a230-7c4286f43037@a196a1a0-4579-4a0c-b3a3-855f4db8f64b?source=copyLinkLegacyShareLinkDialog

An audio only feed of the event is available by phone using the Conference ID and dial-in numbers below.

Conference ID: 115 585 132#

Dial-in numbers:

Canada: 833-845-9589

Singapore: +65 6450 6302

Thailand: +66 2 026 9035

T?rkiye: 0800 142 034779

United Kingdom: 0800 640 3933

United States: (833) 846-5630

For further information, please contact:

Valeura Energy Inc. (General Corporate Enquiries) +65 6373 6940

Sean Guest, President and CEO

Yacine Ben-Meriem, CFO

Contact@valeuraenergy.com

Valeura Energy Inc. (Investor and Media Enquiries) +1 403 975 6752

Robin James Martin, SVP, Communications and Investor Relations

IR@valeuraenergy.com

Contact details for the Company's advisors, covering research analysts and joint brokers, including ATB Cormark Capital Markets, Auctus Advisors LLP, Beacon Securities Limited, Canaccord Genuity Ltd (UK), Research Capital Corporation, Roth Canada Inc., and Stifel Nicolaus Europe Limited, are listed on the Company's website at www.valeuraenergy.com/investor-information/analysts/.

About the Company

Valeura Energy Inc. is a Canadian public company engaged in the exploration, development and production of petroleum and natural gas in Thailand and T?rkiye. The Company is executing a growth-oriented strategy, reinvesting into its producing asset portfolio while deploying capital toward further organic and inorganic growth across Southeast Asia. Valeura is committed to delivering value-accretive growth for all stakeholders, underpinned by high standards of environmental, social and governance responsibility.

Additional information relating to Valeura is also available on SEDAR+ at www.sedarplus.ca.

Unaudited Financial Information

Certain anticipated financial and operating results for Q3 2026 in this news release, including free cash flow, are preliminary estimates based on unaudited financial information. These preliminary figures have not been audited or reviewed by the Company's auditor and remain subject to change, which changes could be material, upon completion of the Company's unaudited Interim Financial Statements for the three and six months ended 30 September 2026 and management's final review.

Non-IFRS Financial Measures and Ratios

Adjusted EBITDAX: is a non-IFRS financial measure which does not have a standardised meaning prescribed by IFRS Accounting Standards. This non-IFRS financial measure is included because management uses the information to analyse the financial performance of the Company. Adjusted EBITDAX is a non-IFRS and non-standardised variant of EBITDAX, adjusted to remove non-cash items as well as certain non-recurring costs including severance payments and other one-off items in relation to the Company's recent acquisitions. Adjusted EBITDAX is calculated by adjusting profit for the period before other items as reported under IFRS Accounting Standards to exclude the effects of other income, exploration, SRB, finance income and expense, depletion, depreciation & amortisation ("DD&A"), other costs, and certain non-cash items (such as impairments, foreign exchange, unrealised risk management contracts, reassessment of contingent consideration and gains or losses arising from the disposal of capital assets). In addition, share-based compensation is excluded from adjusted EBITDAX, as the expenses are not indicative of the underlying financial performance of the Company.

Three months ended			Nine months ended
$'000	Unaudited	Unaudited		Unaudited	Unaudited
$'000	30 September 2026	30 September 2025		30 September 2026	30 September 2025
Profit for the period before other items	48,498	23,516		149,205	76,081
Other income	(5,027)	(3,386)		(15,109)	(14,496)
Exploration	1,459	201		2,031	3,692
SRB	13,904	3,582		14,277	3,778
Finance costs	4,875	5,941		13,944	16,388
DD&A	48,934	49,951		143,732	139,701
Share-based compensation (1)	3,171	905		12,194	5,162
Adjusted EBITDAX	115,814	80,710		320,274	230,306

(1) Items are not shown in the Company's Interim Financial Statements ? see the Adjusted G&A Expenses section for more details.

Adjusted opex and adjusted opex per barrel: are a non-IFRS financial measure and a non-IFRS financial ratio respectively, which do not have standardised meanings prescribed by IFRS Accounting Standards. This non-IFRS financial measure and ratio are included because management uses the information to analyse cash generation and financial performance of the Company. Operating cost represents the operating cash expenses incurred by the Company during the period including the leases that are associated with operations, such as bareboat contracts for key operating equipment, such as FSOs, floating production, storage, and offloading vessels ("FPSO"), MOPUs, and warehouses. Adjusted opex is calculated by effectively adjusting non-cash items from the operating cost and adding lease costs.

Adjusted opex is divided by production in the period to arrive at adjusted opex per barrel. Valeura calculates adjusted opex per barrel to provide a more consistent indication of the cost of field operations. Adjusted opex, as opposed to operating expenses, excludes the impacts of non-recurring, non-cash items such as prior period adjustments, and adds back lease costs in relation to FSOs, FPSOs, MOPU, and other facilities.

Three months ended			Nine months ended
$'000	Unaudited	Unaudited		Unaudited	Unaudited
$'000	30 September 2026	30 September 2025		30 September 2026	30 September 2025
Operating Costs(1)	52,704	49,093		142,413	131,741
Adjustment of accounting related to inventory capitalisation(2)	(1,565)	(4,751)		5,533	2,306
Leases(3)	5,979	8,183		18,901	24,783
Adjusted Opex	57,118	52,525		166,847	158,830
Production Volumes during the period (mbbls)	2,036	2,114		6,075	6,210
Adjusted Opex per Barrel(2) ($/bbl)	28.1	24.8		27.5	25.6

(1) Operating costs, derived from the Interim Financial Statements, are presented net of crude oil inventory capitalisation
(2) The item is not shown in the Interim Financial Statements. The cost of crude inventory is capitalised from operating costs. As a result, the Company has excluded the effect of crude inventory capitalisation.
(3) In accordance with IFRS 16 Leases, the Company recognised cost related to its operating leases ? attributed to FSO and FPSO vessels and MOPU used at its Jasmine/Ban Yen, Nong Yao, Manora, and Wassana fields, as well as onshore warehouse facilities costs to its balance sheet and finance cost in the profit and loss statement. In order to report a more relevant lifting cost, the Company has included costs associated with these leases in the adjusted operating cost calculation. This will be a recurring adjustment.

Adjusted G&A expenses: is a non-IFRS financial measure, which does not have standardised meanings prescribed by IFRS Accounting Standards. This non-IFRS financial measure is included because management uses the information to analyse cash generation and financial performance of the Company. G&A expenses represent the administrative expenses incurred by the Company during the period, including personnel and office expenses, share-based compensation, severance, IT licences and consultancy and professional services. To analyse the Company's cash generation and financial performance, adjusted G&A expenses is calculated by deducting non-cash items such as the provision for severance, and share-based compensation, from the G&A expenses reported in the financial statements.

	Three months ended		Nine months ended
$'000	Unaudited	Unaudited	Unaudited	Unaudited
$'000	30 September 2026	30 September 2025	30 September 2026	30 September 2025
Personnel and office costs	3,871	5,372	15,190	14,886
Share-based compensation	3,171	905	12,194	5,162
Severance	157	229	605	93
IT hardware and software licences	-	90	-	342
Consultancy and professional services	745	1,398	2,966	2,988
Total G&A expenses	7,944	7,994	30,955	23,471
Non-cash items	(1,550)	(1,294)	(10,840)	(4,481)
Adjusted G&A expenses(1)	6,394	6,700	20,115	18,990

(1) Adjusted G&A expenses are newly presented in the current period.

Adjusted cashflow from operations and adjusted cashflow from operations per barrel: are a non-IFRS financial measure and a non-IFRS financial ratio respectively, which do not have a standardised meaning prescribed by IFRS Accounting Standards. This non-IFRS finance measure and ratio are included because management uses the information to analyse cash generation and financial performance of the Company. Adjusted cashflow from operations is calculated using two methods which generate the same figures: a) by subtracting from oil revenues, adjusted opex, royalties, general and administrative costs which are adjusted for non-recurring charges (generating the adjusted pre-tax cashflow), and accrued PITA taxes and SRB expenses, and b) to enhance and facilitate to the reader a reconciliation of this non-IFRS measure, the Company also presented the adjusted cash flow from operations by calculating from cash generated from (used in) operating activities in the consolidated statement of cash flows, adjusting with non-cash items, adjusted opex, general and administrative costs which are adjusted for non-recurring charges (generating the adjusted pre-tax cashflow), and accrued PITA tax and SRB expenses.

Adjusted cashflow from operations is divided by production in the period to arrive at adjusted cashflow from operations per bbl. Valeura calculates adjusted cashflow from operations per barrel, to provide a more consistent indication of cashflow generated from operations by the Company.

	Three months ended		Nine months ended
$'000	30 September 2026	30 September 2025	30 September 2026	30 September 2025
Oil revenues	196,106	155,651	548,126	432,996
Royalties	(22,815)	(18,759)	(66,678)	(52,640)
Adjusted opex	(57,118)	(52,525)	(166,847)	(158,830)
Adjusted G&A expenses(1)	(6,394)	(6,700)(1)	(20,115)	(18,990)(1)
Adjusted pre-tax cashflow from operations	109,779	77,667(3)	294,486	202,536(3)
Income tax / PITA tax	(2,317)	(469)	(11,221)	(1,724)
SRB	(13,904)	(3,582)	(14,277)	(3,778)
Adjusted cashflow from operations	93,558	73,616(3)	268,988	197,034(3)
Production during the period (mbbls)	2,036	2,114	6,075	6,210
Adjusted cashflow from operations per barrel ($/bbl)	46.0	34.8(3)	44.3	31.7(3)

	Three months ended		Nine months ended
$'000	30 September 2026	30 September 2025	30 September 2026	30 September 2025
Net cash generated from operating activities	134,462	76,419	294,122	156,199
Change in non-cash working capital	(33,602)	2,356	26,358	49,533
Non-cash and other adjustments(2)	72,431	58,117	160,968	174,624
Adjusted opex	(57,118)	(52,525)	(166,847)	(158,830)
Adjusted G&A expenses(1)	(6,394)	(6,700)(1)	(20,115)	(18,990)(1)
Adjusted pre-tax cashflow from operations	109,779	77,667(3)	294,486	202,536(3)
Income tax / PITA tax	(2,317)	(469)	(11,221)	(1,724)
SRB	(13,904)	(3,582)	(14,277)	(3,778)
Adjusted cashflow from operations	93,558	73,616(3)	268,988	197,034(3)
Production during the period (mbbls)	2,036	2,114	6,075	6,210
Adjusted cashflow from operations per barrel ($/bbl)	46.0	34.8(3)	44.3	31.7(3)

(1) Adjusted G&A expenses are newly applied to present adjusted cash flow from operations.
(2) Includes non-cash items and other adjustments, including taxes paid, decommissioning expenditures and restricted cash movements, to align with net cash from operating activities.
(3) Prior year adjusted pre-tax cashflow from operations and adjusted cashflow from operations are revised to align with the current period's presentation.

Free cash flow: is a non-IFRS financial measure which does not have a standardised meaning prescribed by IFRS Accounting Standards. This non-IFRS finance measure is included because management uses the information to analyse cash generation of the Company. Free cash flow is calculated by starting with adjusted cash flow from operations, subtracting adjusted capex, and exploration expenses, adding other income, and excluding any effects of foreign exchange gains or losses.

	Three months ended		Nine months ended
$'000	30 September 2026	30 September 2025	30 September 2026	30 September 2025
Adjusted cashflow from operations	93,558	73,616(1)	268,988	197,034(1)
Adjusted capex	(40,861)	(52,355)	(150,739)	(134,189)
Exploration expenses(2)	(7,489)	(267)	(9,177)	(4,266)
Other income	5,027	3,386	15,109	10,496(3)
Foreign exchange (gain) loss	39	(218)	(266)	(3,122)
Free cash flow	50,274	24,162(4)	123,915	65,953(4)

(1) Prior year adjusted pre-tax cashflow from operations and adjusted cashflow from operations are revised to align with the current period's presentation
(2) Exploration expenses include exploration expenses in profit and loss and exploration and evaluation assets ("E&E assets").
(3) Prior year Free cash flow is revised to align with the current period's presentation.

Outstanding debt and net cash: are non-IFRS financial measures which do not have a standardised meaning prescribed by IFRS Accounting Standards. These non-IRFS financial measures are provided because management uses the information to a) analyse financial strength and b) manage the capital structure of the Company. These non-IFRS measures are used to ensure capital is managed effectively in order to support the Company's ongoing operations and needs.

$'000	30 September 2026	31 December 2025
Outstanding Debt	-	-
Cash and cash equivalents	369,155	282,739
Restricted cash (Current)	8	8
Restricted cash (Non-current)	15,778	22,991
Cash balance	384,941	305,738
Net cash	384,941	305,738

Net working capital and adjusted net working capital: are non-IFRS financial measures which do not have a standardised meaning prescribed by IFRS Accounting Standards. These non-IFRS financial measures are included because management uses the information to analyse liquidity and financial strength of the Company. Net working capital is calculated by deducting current liabilities from current assets. Adjusted net working capital is calculated by adding back the current leases liabilities and including non-current restricted cash in net working capital.

The leases are associated with operations, such as bareboat contracts for key operating equipment, such as FSOs, FPSOs, MOPU, and warehouses which are included in the Company's disclosed adjusted opex (and adjusted opex guidance). Management believes the adjusted net working capital provides a useful data point to the reader to ascertain the business' next-twelve-months surplus or deficit capital requirement. It is also a data point that management uses for cash management.

$'000	30 September 2026	31 December 2025
Current assets	495,546	382,253
Current liabilities	(166,956)	(180,695)
Net working capital	328,590	201,558
Current lease liabilities	22,145	36,949
Restricted cash (Non-current)	15,778	22,991
Adjusted net working capital	366,513	261,498

Adjusted capex: is a non-IFRS measure which does not have a standardised meaning prescribed by IFRS Accounting Standards. Adjusted capex is defined as the addition in capital expenditure for capital work-in-progress, drilling, brownfield, and other PP&E. Management uses this non-IFRS measure to analyse the capital spending of the Company and assess investments in its assets.

	Three months ended		Nine months ended
$'000	30 September 2026	30 September 2025	30 September 2026	30 September 2025
Capital work-in-progress(1)	18,333	16,258	51,542	26,421
Drilling	15,625	31,647	74,003	88,210
Brownfield	5,784	3,432	17,201	16,284
Other PP&E(2)	1,119	1,018	7,993	3,274
Adjusted Capex	40,861	52,355	150,739	134,189

(1) Capital work-in-progress represents expenditures related to the Wassana redevelopment project incurred prior to the commencement of production.

(2) Other PP&E includes office equipment and spare parts movement during the year.

Advisory and Caution Regarding Forward-Looking Information

Certain information included in this news release constitutes forward-looking information under applicable securities legislation. Such forward-looking information is for the purpose of explaining management's current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes, such as making investment decisions. Forward-looking information in this news release includes, but is not limited to: the potential for a longer life for the G1/48 block; the Company's expectation that FID of the first phase of development at the Bussabong field will build materiality from gas development over time; the Company's cash and credit facility providing the wherewithal for it to pursue inorganic growth; no further PITA or SRB cash tax payments being anticipated in 2026; timing for future drilling campaigns; the potential for the Suraphi discovery to justify a satellite facility development on the G1/48 block; timing to decide between fast-track development or further appraisal on the G1/48 block; timing to complete the administrative steps to close the transfer of 40% non-operated working interest in Blocks G1/65 and B3/65; Valeura's plans to begin development drilling from the CPP at the Wassana field and the expected timing thereof; the expected timing of first production from the Bussabong field; and the potential for the T?rkiye tight gas play to be a significant source of value in the longer term.

Forward-looking information is based on management's current expectations and assumptions regarding, among other things: political stability of the areas in which the Company is operating; continued safety of operations and ability to proceed in a timely manner; continued operations of and approvals forthcoming from governments and regulators in a manner consistent with past conduct; future drilling activity on the required/expected timelines; the prospectivity of the Company's lands; the continued favourable pricing and operating netbacks across its business; future production rates and associated operating netbacks and cash flow; decline rates; future sources of funding; future economic conditions; the impact of inflation of future costs; future currency exchange rates; interest rates; the ability to meet drilling deadlines and fulfil commitments under licences and leases; future commodity prices; the impact of the ongoing conflicts between the U.S.-Israel and Iran, and between Russia and Ukraine; royalty rates and taxes; future capital and other expenditures; the success obtained in drilling new wells and working over existing wellbores; the performance of wells and facilities; the availability of the required capital to fund its exploration, development and other operations, and the ability of the Company to meet its commitments and financial obligations; the ability of the Company to secure adequate processing, transportation, fractionation and storage capacity on acceptable terms; the capacity and reliability of facilities; the application of regulatory requirements respecting abandonment and reclamation; the recoverability of the Company's reserves and contingent resources; future growth; the sufficiency of budgeted capital expenditures in carrying out planned activities; the impact of increasing competition; the ability to efficiently integrate assets and employees acquired through acquisitions; global energy policies going forward; future debt levels; and the Company's continued ability to obtain and retain qualified staff and equipment in a timely and cost efficient manner. In addition, the Company's work programmes and budgets are in part based upon expected agreement among joint venture partners and associated exploration, development and marketing plans and anticipated costs and sales prices, which are subject to change based on, among other things, the actual results of drilling and related activity, availability of drilling, offshore storage and offloading facilities and other specialised oilfield equipment and service providers, changes in partners' plans and unexpected delays and changes in market conditions. Although the Company believes the expectations and assumptions reflected in such forward-looking information are reasonable, they may prove to be incorrect.

Forward-looking information involves significant known and unknown risks and uncertainties. Exploration, appraisal, and development of oil and natural gas reserves and resources are speculative activities and involve a degree of risk. A number of factors could cause actual results to differ materially from those anticipated by the Company including, but not limited to: the ability of management to execute its business plan or realise anticipated benefits from acquisitions; the risk of disruptions from public health emergencies and/or pandemics; competition for specialised equipment and human resources; the Company's ability to manage growth; the Company's ability to manage the costs related to inflation; disruption in supply chains; the risk of currency fluctuations; changes in interest rates, oil and gas prices and netbacks; potential changes in joint venture partner strategies and participation in work programmes; uncertainty regarding the contemplated timelines and costs for work programme execution; the risks of disruption to operations and access to worksites; potential changes in laws and regulations, the uncertainty regarding government and other approvals; counterparty risk; the risk that financing may not be available; risks associated with weather delays and natural disasters; and the risk associated with international activity. See the Company's most recent annual information form and the MD&A for a detailed discussion of the risk factors.

Certain forward-looking information in this news release may also constitute "financial outlook" within the meaning of applicable securities legislation. Financial outlook involves statements about Valeura's prospective financial performance or position and is based on and subject to the assumptions and risk factors described above in respect of forward-looking information generally as well as any other specific assumptions and risk factors in relation to such financial outlook noted in this news release. Such assumptions are based on management's assessment of the relevant information currently available, and any financial outlook included in this news release is made as of the date hereof and provided for the purpose of helping readers understand Valeura's current expectations and plans for the future. Readers are cautioned that reliance on any financial outlook may not be appropriate for other purposes or in other circumstances and that the risk factors described above or other factors may cause actual results to differ materially from any financial outlook.

The forward-looking information contained in this new release is made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless required by applicable securities laws. The forward-looking information contained in this new release is expressly qualified by this cautionary statement.

This news release does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction, including where such offer would be unlawful. This news release is not for distribution or release, directly or indirectly, in or into the United States, Ireland, the Republic of South Africa or Japan or any other jurisdiction in which its publication or distribution would be unlawful.

Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

Huawei Launches LUTERRA S2, Redefining the Future of Residential Energy Systems with Three Ultimate Innovations

Thu, 12 Nov 2026 08:15:00 +0700

Steve Zhang delivering the speech

PALMA, SPAIN - Media OutReach Newswire - 11 November 2026 - Huawei announced the launch of HUAWEI LUTERRA S2, an all-in-one residential energy system that integrates a hybrid inverter, storage, and AI-powered energy management in one stackable unit. Designed for easy deployment, LUTERRA S2 can be installed and commissioned in minutes.

Available in single-phase (3-10 kW) and three-phase (5- 20 kW) configurations, LUTERRA S2 is the industry's first all-in-one residential energy system built on Huawei's proprietary full-SiC (silicon carbide) architecture, delivering exceptional efficiency, power density, and reliability.

"We are thrilled to introduce HUAWEI LUTERRA S2, our next-generation all-in-one residential energy system," said Steve Zhang, President of Huawei Distributed PV & BESS Business. "By combining full-SiC architecture, AI-driven energy management, and industry-leading safety, LUTERRA S2 is designed to be smaller, lighter, quieter, safer, smarter and more powerful than ever before."

As solar, storage, EV charging, and home energy management continue to converge, homeowners are looking for solutions that go beyond power and capacity to deliver greater intelligence, efficiency, and safety.

To meet these evolving needs, Huawei introduces HUAWEI LUTERRA S2, a breakthrough residential energy system built on three defining pillars: Ultimate Experience, Ultimate Intelligence, and Ultimate Safety.

Ultimate Experience: From Core Technology to Everyday Experience

LUTERRA S2 combines high power density and compact design, delivering 20 kW-class power in a streamlined form factor. Powered by Huawei's proprietary full-SiC architecture and ANPC topology, it achieves up to 99% efficiency. Built-in energy optimizers enable up to 5.0 MWh/kWh of lifetime usable energy and a design lifespan of more than 15 years.

Beyond technical performance, LUTERRA S2 is designed to integrate naturally into modern homes. Its art-inspired design, Red Dot Award-winning hardware, App 3.0, and intelligent breathing light create a seamless blend of technology and lifestyle.

The industry's first 20 kW-class all-natural cooling design eliminates the need for external fans and maintains operating noise below 29 dB.

Ultimate Intelligence: From Automation to Active Decision-Making

Through the AI Energy Management 2.0 platform, LUTERRA S2 brings intelligence to energy planning, operation, and value optimization.

By integrating weather forecasts, electricity prices, household loads, and energy status, the platform intelligently coordinates photovoltaic systems, energy storage, EV charging, heat pumps, and virtual power plants (VPPs). This coordination maximizes the value of every kilowatt-hour generated, stored, and consumed.

For homeowners, the AI Assistant turns complex energy management into simple, conversational interactions, enabling users to make informed energy decisions with ease. For installers, AI 3D modeling simplifies planning and design by identifying roof structures and installation environments. AI-powered diagnostics and remote support further enhance operation and maintenance efficiency.

Ultimate Safety: From Cell-Level Protection to End-to-End Safety

Safety is built into every layer of LUTERRA S2, from battery cells to system-level operations.

Each battery cell incorporates an independent protective isolation structure, supported by Huawei-developed safety components and localized non-propagation design to help contain thermal risks. An intelligent smoke-duct design enables directional pressure relief, smoke evacuation, and cooling, while continuous AC and DC terminal temperature detecting provides proactive detection and protection of critical connections.

LUTERRA S2 has been validated against relevant EU Battery Regulation requirements and complies with key international standards, including IEC 63027 AFCI. It has also undergone T?V Rheinland safety testing, including a cell thermal runaway test, a 20-minute fire test at 1,000C, and a 20% hydrogen explosion test, as well as UL 9540A validation.LUTERRA S2 has received the highest-level Safety Mark certification from T?V Rheinland, backed by the industry's first cell-level thermal insulation design, safety venting design, and full-link terminal over-temperature protection.

Leading the Future of Residential Energy Systems

More than an energy storage system, LUTERRA S2 connects intelligent technology, enhanced quality of life, and sustainable living. Huawei is setting a new benchmark for next-generation residential energy and accelerating the transition toward a smarter, more sustainable future.

Technical highlights:

Inverter	Up to 3 inverters in parallel, 60kW (20*3) max
Battery	Up to 48 packs in parallel, 336kWh (443*7) max
Efficiency	Maximum efficiency of 99%
Backup	Switchover under 10 ms; up to 20 kW off-grid load
Cooling and noise	Fanless natural cooling; below 29 dB
Operating range	?25?C to +60?C; IP66; up to C5-M corrosion protection
Connectivity	EEBUS, SG-Ready, OCPP, Modbus-TCP
Safety validation	T?V Rheinland testing; UL 9540A; AFCI to IEC 63027

More information is available at https://solar.huawei.com/en/products/luterra-s2-xl-xm/

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

Hashtags: #Huawei

HKTB Spreads Seasonal Joy with Biggest-Ever Hong Kong WinterFest

Thu, 12 Nov 2026 08:02:00 +0700

Winter Wonderlands in Central, Tsim Sha Tsui, and Causeway Bay Plus Over 100,000 Offers to Boost Spending Making Hong Kong Asia's Top Destination for Winter Celebrations

HONG KONG, Nov. 11, 2026 (GLOBE NEWSWIRE) -- The Hong Kong Tourism Board (HKTB) will stage its annual flagship festive event, Hong Kong WinterFest, from 18 November 2026 to 5 January 2027.

Larger in scale and richer in content than ever before, this year's event will, for the first time, extend its signature "Hong Kong Wonderland" programme to three major tourism hotspots - Central, Tsim Sha Tsui and Causeway Bay - each featuring light shows with a different theme. The HKTB is also teaming up with industry partners to roll out 100,000 winter offers across the city to boost festive spending.

As the year-end grand finale, the New Year countdown fireworks display will be themed around the 30th anniversary of the establishment of the Hong Kong Special Administrative Region and staged on a larger scale than ever. This spectacular and unforgettable celebration will ring in the new year for locals and visitors alike, further reinforcing Hong Kong's position as Asia's top destination for winter celebrations.

HKTB Chairman Dr Peter Lam, said, "Over the years, Hong Kong WinterFest has brought a joyful festive atmosphere to the public. Last year, we partnered with Hongkong Land for the first time to present Hong Kong Winter Wonderland in Central, along with an immersive light show staged in collaboration with a number of Central landmarks, which proved hugely popular with locals and visitors alike.

"Building on that success, this year we are expanding Winter Wonderland to Tsim Sha Tsui and Causeway Bay, with "Hong Kong Winter Wonderland ? Tsim Sha Tsui", title-sponsored by Prudential Hong Kong, and "Hong Kong Winter Wonderland ? Causeway Bay", presented in collaboration with Hysan. Together with citywide winter offers and vibrant festive events across every neighbourhood, these highlights will encourage more locals and visitors to stay and spend in Hong Kong, immerse themselves in Hong Kong's unique winter experiences, and discover the festive charm found 'Only in Hong Kong'."

Three Hong Kong Winter Wonderlands Presents Different Themed Light Shows

1) Hong Kong Winter Wonderland in Central: "The World of Christmas Adventure"

Tallest-ever 22-Metre Outdoor Christmas Tree Takes Centre Stage as Winter Landmark

The HKTB and Hongkong Land are joining forces again this year to transform Statue Square Garden into Hong Kong Winter Wonderland in Central, themed "The World of Christmas Adventure".

Hong Kong Winter Wonderland in Central will be transformed into a European-style train station. A 12-metre-long classic steam train, prancing reindeer, vintage toy hot-air balloons and other festive installations will fill the Wonderland, offering plenty of photo spots for locals and visitors. Towering 22 metres above the Wonderland, the HKTB's tallest-ever outdoor Christmas tree will be an awe-inspiring seasonal landmark, while Santa Claus, a favourite with young and old alike, will make surprise appearances from time to time at the Christmas Post Office.

A number of distinctive chalets will recreate the ambience of a European Christmas market, where locals and visitors can shop for festive gifts, food and drinks. A special Holiday Treasure Market will also offer nostalgic Christmas collectibles from years past for charity sale, spreading warmth and festive blessings, with proceeds going to charitable causes. Visitors can also stop by the Christmas Mailing Corner, as well as write postcards at the postcard corner to send seasonal wishes to family and friends. Together with sparkling lights and decorations along Chater Road, these offerings will fill the heart of Central's business district with a rich festive atmosphere.

Central Landmarks Become the Canvas for an Eight-Act Immersive Light Show

Every evening from 7pm during the campaign, a brand-new light show will be projected onto the facades of iconic buildings around Statue Square Garden, including Bank of China Building, Bank of China Tower, Court of Final Appeal Building, Hong Kong City Hall High Block, Hong Kong Club Building, HSBC Main Building, Prince's Building, Standard Chartered Bank Building and Mandarin Oriental, Hong Kong. The eight-act show follows a classic steam train on a magical journey through a snowy wonderland, a toy world and a candy kingdom, passing iconic Hong Kong landmarks such as the Peak Tram along the way. As the journey unfolds, the giant Christmas tree and photo installations in the Wonderland will change colour in time with the lights and music, creating an immersive sensory experience.

2) Prudential Hong Kong Winter Wonderland in Tsim Sha Tsui

Double Delight for the Senses with a Joyful Concert and Enchanting Northern Lights

The seasonal spirit will also light up the Kowloon side of Victoria Harbour in Tsim Sha Tsui, where several landmarks will stage themed light shows, creating Hong Kong Winter Wonderland in Tsim Sha Tsui around a series of light show experiences.

The Tsim Sha Tsui Clock Tower and the Hong Kong Cultural Centre will become a stage of light for "The Stars of Christmas Concert", a performance brimming with seasonal experience. Locals and visitors can enjoy the show from the Cultural Centre's Viewing Deck, where cute cartoon friends, such as penguins and squirrels, will switch on a magical jukebox one by one, playing popular Christmas songs reimagined as energetic pop dance tracks and lively swing jazz. Through the interplay of dazzling lights and dynamic music, the waterfront will come alive with festive energy.

A stroll along the waterfront will lead visitors into an entirely different, romantic world of light and colour. The fa?ades of the Hong Kong Museum of Art and the Hong Kong Space Museum will present "Northern Lights". The Hong Kong Museum of Art will be bathed in the dreamlike colours of the aurora, evoking an enchanting world of ice and brilliant light, while the front of the Hong Kong Space Museum will be transformed into a giant crystal ball, with snowflakes swirling through the sky and adorable reindeers flying gracefully alongside. Together with a sea of more than 7,000 light orbs changing colours in time with the music, the display will create a mystical winter landscape where visitors can embrace their loved ones and make wishes together beneath the giant crystal ball.

3) Hong Kong Winter Wonderland in Causeway Bay

Adorable Elves Cast Winter Magic, with Light Show Stories and a Sea of Lights Adding to the Festive Atmosphere

The HKTB is collaborating with Hysan Development Company Limited (Hysan) to create Hong Kong Winter Wonderland in Causeway Bay. Inspired by a magical encounter between Santa Claus and six adorable elves, the event will transform Causeway Bay into an elf village.

During the event, the fa?ades of two buildings on Lan Fong Road and Pak Sha Road will stage a light show that tells the story of the elves busily preparing gifts in Santa's Christmas factory. Yun Ping Road and Hysan Avenue will also be lit up with twinkling lights and festive decorations, adding a rich winter atmosphere to the bustling district. Hysan Avenue will also be home to "Elves' Night Out", a brand-new 40-metre-long outdoor bar offering a relaxing retreat in the heart of the city, where locals and visitors can enjoy signature drinks and spend a joyful evening together. They can also join a series of guided tours of Causeway Bay and cultural experiences at local upstairs shops to discover the neighbourhood's unique appeal.

In addition, Hong Kong Winter Wonderland in Causeway Bay will host a Christmas market and a series of Christmas workshops from mid-December and will offer a wide range of festive retail and dining privileges.

HKTB Teams Up with Industry Partners to Launch "Winter Wonder Deals" to Boost Spending in Hong Kong

To further boost consumer spending and enrich travel experiences, the HKTB has teamed up with AlipayHK, Alipay and Alipay+ to launch a large-scale spending promotion from 18 November 2026 to 5 January 2027.

Leveraging Alipay's vast Chinese Mainland user base, AlipayHK's more than five million active users in Hong Kong and the Alipay+ network of overseas partner e-wallets, the promotion allows locals and visitors to simply scan a designated QR code at participating merchants to join the promotion and receive more than 100 selected dining and retail offers, which can be used at any merchant that accepts AlipayHK, Alipay or Alipay+.

Chinese Mainland Alipay users and users of designated Alipay+ overseas partner e-wallets can enjoy additional exclusive privileges, including 100,000 spending offers, a chance to win spending rewards of up to HK$500 or RMB500, or to enjoy 20% off the total bill (up to a maximum discount of HK$100 or RMB100) at participating merchants under the Quality Tourism Services (QTS) Scheme. These rewards and offers can be used at any merchant that accepts Alipay or Alipay+. Offers are available on a first-come, first-served basis while stocks last.

The HKTB is also working with the industry to curate a selection of "Only in Hong Kong" delicacies and local souvenirs, giving visitors the opportunity to sample Hong Kong's unique flavours and experience its winter charm while taking part in festive activities.

Finally, the New Year Countdown fireworks display will be the grand finale of Hong Kong WinterFest, as locals and visitors welcome the new year together. Themed around the 30th anniversary of the establishment of the Hong Kong Special Administrative Region, the display's full details will be announced shortly. The HKTB has launched a one-stop Hong Kong WinterFest platform on Discover Hong Kong (http://www.discoverhongkong.com/winterfest), bringing together details of all the programmes and offers at festive hotspots across the city, so that locals and visitors can make the very most of the celebrations.

Appendix 1

Hong Kong WinterFest -Winter Wonderlands

1) Hong Kong Winter Wonderland in Central
Highlights	A 22-metre giant outdoor Christmas tree, equivalent to a six-storey building, together with a classic steam train and Christmas Market.
Opening Period	18 November 2026 to 5 January 2027
Opening Period	Christmas Market 18 November 2026 to 3 January 2027 (Thursdays to Sundays)
Opening Hours	Opening Day: 18 November 2026 8:00pm to 11:30pm Regular Season: 19 November to 22 December 2026; 27 December to 30 December 2026; 3 January 2027 to 5 January 2027 Monday to Friday: 4:00pm to 11:30pm Saturday and Sunday: 11:00am to 11:30pm Festive Late Nights: 23 December 2026 11:00am to 11:30pm 24 December to 26 December 2026; 31 December 2026 to 2 January 2027 11:00am to 1:30am (the following day)
Opening Hours	Christmas Market Thursday: 4:00pm to 8:00pm Friday: 4:00pm to 9:00pm Saturday, Sunday & Public Holidays: 12:00 noon to 10:00 p.m. 21 December to 23 December 2026 4:00pm to 8:00pm 24 December 2026 11:00 am to 1:00am (the following day) 25 December 2026 11:00am to 12:00 midnight
Venue	Statue Square Garden (North and South), Central

* Crowd control measures may be implemented during the festive period. Please follow the instructions of police officers and event staff on-site.

Light Show within Hong Kong Winter Wonderland in Central
Event Period	18 November 2026 to 5 January 2027
Show Time	7:00pm to 11:00pm (Shows run every 30 minutes) * 24 December to 26 December 2026; 31 December 2026 to 2 January 2027 Extended to 1:00 am (the following day)
Recommended Viewing Location	Statue Square Garden (South), Central
Participating Buildings	Bank of China Building, Bank of China Tower, the Court of Final Appeal Building, Hong Kong City Hall High Block, Hong Kong Club Building, HSBC Main Building, Prince's Building, Standard Chartered Bank Building and Mandarin Oriental, Hong Kong

2) Prudential Hong Kong Winter Wonderland in Tsim Sha Tsui
Highlights	Dual winter light shows themed "The Stars of Christmas Concert" and "Northern Lights".
Event Period	18 November 2026 - 5 January 2027
Show Time	Opening Day: 18 November 2026 8:45pm to 11:00pm Regular Season: 19 November 2026 to 5 January 2027 7:00pm - 11:00pm Special Arrangements: 24 December to 27 December 2026; 1 January to 2 January 2027 Extended to 1:00am (the following day) 28 December to 30 December 2026 The show will be partially suspended 31 December 2026 All shows are suspended for the New Year Countdown event
Participating  Buildings	Hong Kong Cultural Centre Cluster (Hong Kong Cultural Centre, Clock Tower, Hong Kong Museum of Art, Hong Kong Space Museum)

* Crowd control measures may be implemented during the festive period. Please follow the instructions of police officers and event staff on-site.

3) Hong Kong Winter Wonderland in Causeway Bay
Highlights	Elves cast winter magic, with projection mapping stories and a sea of lights adding to the festive mood. Inspired by a magical encounter between Santa Claus and six adorable elves, it will transform Causeway Bay into an elf village, including: Light Show, "Elves' Night Out" Outdoor Bar, Christmas Market, Exclusive Dining Offers and twinkling lights and festive decorations - all coming together to bring rich holiday warmth to the bustling city centre.
Event Period	25 November 2026 to 3 January 2027
Opening Hours	Light Show 25 November 2026 to 3 January 2027 7:00pm to 10:00pm "Elves' Nigh Out" Outdoor Bar 25 November 2026 8:00pm to 10:00pm 26 November 2026 to 3 January 2027 5:30pm to 10:00pm Christmas Market Mid-December 2026
Venue	Lee Gardens area (Hennessy Road to Leighton Road), Causeway Bay

Appendix 2

Selected QTS Privileges for Locals & Visitors

Merchant name	Merchant offer
Dining
Bangkok Thai Restaurant	Enjoy a HK$100 cash voucher at Bangkok Thai Restaurant
City Cafe	Enjoy Buy 1 Get 1 Free on Buffet Breakfast at City Cafe (original price HK$130 per person, plus 10% service charge)
FINDS - The Luxe Manor	Enjoy Steak Frites For 2 at a special price of HK$500 at FINDS - The Luxe Manor
McDonald's Hong Kong	[Buy One Get One] Big Mac Meal
Nabe One	Enjoy a HK$20 discount upon purchasing the A5 Kagoshima Wagyu beef all-you-can-eat buffet after 5pm (Mon -Thu) at Nabe One
Noah's Kitchen	Enjoy 50% off on one 12-inch pizza at Noah's Kitchen (original price HK$168).
Petit Jardin	Enjoy 15% off on dine-in main menu items and regular set menus at Petit Jardin
Porterhouse	Enjoy a HK$10 coupon upon spending HK$100 or above on food items at Porterhouse
Sakurada Japanese Restaurant	Enjoy a special price of HK$330 for selected Boston Lobster Teppanyaki Lunch Set at Sakurada Japanese Restaurant
Tai Hing	Enjoy HK$10 off upon spending HK$100 or above on dinner dine-in at Tai Hing
Retails
City Chain Co Ltd	Receive a free CASIO watch worth HK$240 upon purchasing a watch at HK$1,500 or above at City Chain Co Ltd
Hong Kong Duty Free	Enjoy up to 25% off on selected Bowmore products at Hong Kong Duty Free
Hung Fook Tong	Enjoy Buy 1 Get 1 Free on Mango Deluxe at Hung Fook Tong
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HGC Appoints Dr Frederic Schepens as Chief Executive Officer

Thu, 12 Nov 2026 07:25:00 +0700

Dr Frederic Schepens appointed as Chief Executive Officer of HGC

Source: HGC Global Communications

HONG KONG SAR - Media OutReach Newswire - 11 November 2026 - HGC Global Communications("HGC" or the "Group"), a Hong Kong-based digital infrastructure, connectivity and ICT solutions provider with international reach, today announced the appointment of Dr Frederic Schepens (Fred) as Chief Executive Officer, effective 1 November 2026.

Fred succeeds Andrew Kwok, who has decided that the time is right to begin the next chapter of his career outside the Group and will support a smooth handover to ensure continuity.

Fred will lead HGC's next phase of growth, overseeing the Group's strategy and operations across its enterprise, consumer, carrier and international businesses. With Hong Kong as its home market, HGC will continue to serve local households and businesses while strengthening the city's role as an international digital hub connecting Asia and the world.

Fred is a seasoned telecoms leader with 30 years of international experience across Europe, Asia, the Middle East and Africa. He founded and led Bayobab, MTN Group's open-access digital infrastructure business. He previously held senior carrier leadership roles at Vodafone and BICS.

Darrin Webb, Executive Vice Chairman of HGC, said, "Fred has built and grown digital infrastructure businesses and knows how to work with customers and partners across markets. That experience is a strong fit for HGC as we expand our businesses and deepen our partnerships in Hong Kong, across Asia and beyond. We are delighted to welcome Fred as CEO. I also want to thank Andrew for his leadership and for the trust he and the team have earned over the years."

Andrew Kwok said, "Leading HGC has been a true privilege. Through years of rapid industry change and challenging market conditions, our talented and dedicated team has shown remarkable resilience, and HGC has evolved and grown stronger as a result. I am deeply grateful to our colleagues, customers and partners for their trust and support. I look forward to continuing to contribute to the industry in a new capacity. Fred brings exceptional international experience across networks, carrier services and digital infrastructure, and I am confident he will lead HGC to even greater success."

Dr Frederic Schepens, Chief Executive Officer of HGC, said, "I am proud to join HGC and build on the expertise of our people and the trust of our customers. My focus is clear: to strengthen our core businesses and bring our connectivity, digital infrastructure and ICT capabilities closer together to help customers operate securely and adopt AI with confidence. We will be ambitious in our thinking and disciplined in our execution. I look forward to working closely with our people, customers and partners to turn these priorities into practical results."

About HGC Global Communications Limited

HGC Global Communications Limited (HGC) is a Hong Kong and international telecommunications operator and ICT solutions provider. The company owns extensive network infrastructure in Hong Kong and overseas, with 19 global offices and a staff presence in 33 cities worldwide. HGC provides telecommunications infrastructure services to other operators, as well as connectivity, ICT solutions and broadband services to enterprises, SMEs and households in local and international markets. HGC owns and operates an extensive fibre-optic network and five cross-border telecommunications routes integrated with tier-one operators in Chinese Mainland, and connects with hundreds of international telecommunications operators.

The company continues to invest in its infrastructure, technologies and services. In 2019, HGC Group acquired Macroview Telecom Limited (Macroview), a digital technology solutions and managed services provider, strengthening the Group's ICT and digital services capabilities. HGC is a portfolio company of I Squared Capital, an independent global infrastructure investment manager focused on energy, utilities, transport, social infrastructure, digital infrastructure and environmental infrastructure in North America, Europe, Latin America and Asia.

To learn more, please visit HGC's website at: www.hgc.com.hk

LinkedIn: Linkedin.com/company/hgc-global-communications/

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

Hashtags: #HGC

https://www.hgc.com.hk/

https://hk.linkedin.com/company/hgc-global-communications/

SCG Outlines Vision to Strengthen ASEAN Industrial Competitiveness, Accelerating Business Transformation Through Innovation, Technology and Strategic Collaboration at Fortune Southeast Asia 500 Summit 2026

Thu, 12 Nov 2026 07:20:00 +0700

Photo: Mr. Thammasak Sethaudom, President and CEO of SCG, shares his vision for strengthening ASEAN's industrial competitiveness at the Fortune Southeast Asia 500 Summit 2026 in Vietnam.

Source: SCG

HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 11 November 2026 - SCG outlined its ASEAN industrial competitiveness vision in the "Climbing Up the Value Chain" session at Fortune Southeast Asia 500 Summit 2026.

Thammasak Sethaudom, President and CEO of SCG, called for "a shift from volume-driven growth to value creation through innovation, technology, and productivity improvements." He emphasized AI & Robotics to enhance efficiency and create business opportunities, workforce development, sustainable business under Inclusive Green Growth and supply-chain collaboration among governments, businesses, partners and small and medium-sized enterprises (SMEs), connecting national strengths and helping SMEs access innovation.

For 9M/2026, Adjusted Cash EBITDA reached 57,357 MB, up 19% year on year and exceeding full-year 2025's 55,012 MB. Reported Profit was 20,143 MB. Restructuring, cost management and efficient capital allocation supported these results amid global volatility.

Expecting petrochemical recovery from two-year lows, SCG Chemicals (SCGC) is pursuing four initiatives: 1) managing production, sourcing feedstock and aligning product allocation with customer needs and target market demand amid uncertainty over Middle East conflict, while increasing the share of High Value-Added Products (HVA); 2) accelerating the ethane feedstock enhancement project at Vietnam's Long Son Petrochemicals (LSP) complex, expected to save more than US$250 million annually, with operations expected to resume in Q2/2027 ahead of schedule; 3) managing its investment portfolio through the completed sale of a 14.86% stake in Indonesia's PT Chandra Asri Pacific Tbk. to reduce financial burdens and fund strategic investments; and 4) bringing together the strengths of SCGC's and GC's olefins and polyolefins businesses in Thailand to strengthen the Thai petrochemical industry's global competitiveness. Other initiatives include expanding Low Carbon Cement across ASEAN, a platform serving building materials markets, and ASEAN consumer packaging expansion.

Kulachet Dharachandra, President and Country Director - Vietnam, joined the Ho Chi Minh City Investment Cooperation Forum's "Dialogue between City Leaders and Investors" on "Investment Needs and Potential for Cooperation." He emphasized economic growth, environmental stewardship, resource efficiency and workforce development to strengthen existing investors' confidence, attract investment and grow with Vietnamese businesses.

SCG also received an award recognizing its No. 22 ranking in the 2026 Fortune Southeast Asia 500, marking its third consecutive year on the list. SCG's participation in forums reflects its commitment to building long-term partnerships with businesses across ASEAN and creating lasting shared value.

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

Hashtags: #SCG

BAIC FOTON Memperkenalkan Strategi Pengisian Daya Supercepat untuk Memajukan Ekosistem Energi Pintar Global

Thu, 12 Nov 2026 07:16:00 +0700

BEIJING, Nov. 11, 2026 (GLOBE NEWSWIRE) -- Pada 6 November, BAIC FOTON menggelar acara peluncuran Strategi Pengisian Daya Supercepat di Beijing yang dihadiri oleh jajaran eksekutif perusahaan, mitra industri, pelanggan, dan perwakilan media.

Perusahaan memperkenalkan strategi pengisian daya supercepat terintegrasi serta meluncurkan secara perdana di tingkat global truk ringan AUMARK Z dengan teknologi pengisian daya supercepat dan truk berat dengan teknologi pengisian daya supercepat berkapasitas megawatt, yang memajukan ekosistem "Kendaraan?Pengisi Daya?Jaringan Listrik?Cloud" miliknya.

Pengelolaan Energi Terintegrasi dan Teknologi Pengisian Daya Supercepat

Qin Zhidong, Wakil Presiden BAIC FOTON, menguraikan strategi tersebut dengan menyoroti berbagai peluang dalam layanan pengisian daya, pembangkit listrik virtual, penyewaan baterai, dan penggunaan kembali baterai.

Arsitektur terintegrasi ini menghubungkan kendaraan, stasiun pengisian daya, jaringan listrik, dan platform cloud untuk mendukung pengelolaan energi yang terkoordinasi. Didukung oleh lebih dari 3,5 juta kendaraan yang terhubung, pemrosesan data harian sebesar 3 PB, dan 770.000 terminal pengisian daya, sistem ini memungkinkan operasional berbasis data.

Arsitektur 800 V pada kendaraan ini mampu mendukung tegangan hingga 1.000 V, daya pengisian sebesar 1,5 MW, dan arus hingga 1.600 A melalui konektor ganda. Didukung teknologi manajemen termal, baterainya menawarkan tingkat pengisian daya di atas 4C, efisiensi sebesar 95%, dan masa pakai lebih dari 6.500 siklus.

Dua Model Kendaraan dengan Pengisian Daya Supercepat Debut Secara Global

Ma Lu, Presiden Divisi Bisnis FOTON AUV dan AUMARK, memperkenalkan AUMARK Z, yang diklaim sebagai truk ringan pertama di dunia dengan teknologi pengisian daya supercepat yang dibangun di atas platform khusus kendaraan listrik. Dengan tingkat pengisian daya 8C dan daya puncak 1,05 MW, kendaraan ini dapat mengisi daya baterai dari 20% hingga 80% dalam delapan menit.

Chen Peng, Wakil Presiden Litbang FOTON AUMAN, memperkenalkan truk berat dengan teknologi pengisian daya berkapasitas megawatt yang mencakup seri AUMAN GALAXUS dan CAVAN BEACON. Pengisian daya selama enam menit memungkinkan kendaraan menempuh jarak sekitar 100 kilometer sehingga mendukung operasional logistik ekspres, transportasi rantai dingin, kegiatan pelabuhan, dan pengangkutan kargo curah.

Memperluas Ekosistem Pengisian Daya Supercepat Global

BAIC FOTON tengah mengembangkan stasiun pengisian daya yang terintegrasi dengan sistem tenaga surya dan penyimpanan energi. Stasiun ini memiliki input AC 10 kV dan output DC 1.000 V serta menggabungkan pembangkitan listrik, penyimpanan energi, dan pengelolaan energi.

Bersama CATL, Sunwoda, TELD, dan Hunan Jingneng, BAIC FOTON meluncurkan Aliansi Ekosistem Industri Pengisian Daya Supercepat, dengan target pembangunan 5.000 stasiun pengisian daya terintegrasi yang terstandardisasi.

Dengan memanfaatkan jaringan operasionalnya di lebih dari 140 negara dan wilayah, BAIC FOTON berencana memperluas infrastruktur pengisian daya di Asia Pasifik, Amerika Latin, Afrika, dan Eropa, dengan target lebih dari 3.000 unit pengisian daya di luar negeri pada tahun 2027.

Melalui kolaborasi dalam ekosistem kendaraan, baterai, dan energi, BAIC FOTON bertujuan meningkatkan efisiensi logistik, mengurangi biaya operasional, serta mendukung transportasi komersial yang lebih ramah lingkungan di seluruh dunia.

Robotika Humanoid dan Alur Kerja Pelatihan VLA YYForce Tampil dalam Program Meeting AI di Mediacorp

Thu, 12 Nov 2026 06:54:00 +0700

Liputan televisi ini menampilkan robot humanoid Unitree G1 bersama teknologi teleoperasi yang melibatkan manusia dan pelatihan AI Vision-Language-Action (VLA). Liputan tersebut juga menyoroti visi YYForce dalam membangun tenaga kerja masa depan yang didukung oleh teknologi

SINGAPURA, Nov. 11, 2026 (GLOBE NEWSWIRE) -- YYForce Inc. (Nasdaq: YFOR) ("YYForce" atau "Perusahaan"), penyedia solusi tenaga kerja teknologi dan layanan pengelolaan fasilitas terpadu berbasis teknologi, hari ini mengumumkan bahwa inisiatif pelatihan robotika humanoid miliknya telah ditampilkan dalam sebuah tayangan televisi khusus yang diproduksi dan disiarkan oleh Mediacorp di Singapura.

Liputan tersebut ditayangkan pada 6 November 2026 dalam program teknologi dan isu terkini Mediacorp 8world, Meeting AI (《遇见AI》), dalam episode berjudul "Bisakah AI Belajar Hanya dalam Satu Sesi?" (《AI-教就会？》).

Tonton tayangan lengkapnya di YouTube: https://youtu.be/QdH6VVlspYI

Dipandu oleh presenter berpengalaman Zhang Haijie, tayangan televisi ini memberikan pemirsa wawasan mendalam mengenai perkembangan teknologi robotika humanoid melalui demonstrasi langsung, serta alur kerja pelatihannya untuk penerapan komersial. Dalam tayangan tersebut, presenter berpartisipasi langsung dalam demonstrasi teleoperasi (pengendalian jarak jauh) robot humanoid Unitree G1. Demonstrasi ini menggunakan perangkat VR yang dikenakan di kepala serta lima sensor pelacak presisi yang dipasang pada kepala, tangan, dan kaki. Sistem ini memetakan gerakan dan kecepatan manusia ke dalam gerakan robot secara langsung secara real time. Selain itu, sistem merekam sudut sendi, posisi kinematik, dan data visual dari kamera untuk menghasilkan set data pelatihan AI fisik dengan fidelitas tinggi.

Alur Kerja Teknis Utama yang Ditampilkan dalam Tayangan:

Demonstrasi Manusia & Pencatatan Data Kinematik: Operator manusia memperagakan tugas fisik standar secara berulang untuk merekam aktivitas pergerakan sendi dan feed visual tanpa memerlukan pelabelan koordinat secara manual.

Pembersihan & Penyaringan Data: Data lintasan gerakan dan aliran data sensor yang telah direkam diseleksi dan disaring untuk menghilangkan anomali dalam pelaksanaan tugas serta sampel hasil percobaan yang kurang optimal.

Pelatihan Vision-Language-Action (VLA): Seperti yang ditunjukkan dalam tayangan, proses melatih robot humanoid agar mampu mengenali, menggenggam, dan memindahkan cangkir secara mandiri memerlukan 40 kali demonstrasi oleh manusia dan pembersihan data. Proses ini lalu dilanjutkan dengan pelatihan jaringan neural menggunakan model VLA canggih selama sekitar delapan jam hingga robot mampu menjalankan tugas tersebut secara mandiri.

Tayangan tersebut menggambarkan kenyataan di balik kecerdasan buatan terwujud. Agar robot layanan dapat beroperasi secara efektif dan aman di lingkungan komersial nyata yang tidak terstruktur, prosesnya harus dimulai dengan pembelajaran terstruktur dari para pekerja manusia di lini depan.

Menghadirkan Robotika dalam Lingkungan Layanan Nyata

YYForce mengembangkan strategi robotikanya dengan berfokus pada penerapan komersial yang praktis, bukan sekadar demonstrasi teknologi robotika. Perusahaan tengah menjajaki penerapan robot humanoid dan robot khusus di berbagai bidang, termasuk perhotelan, pengelolaan fasilitas terpadu, layanan kebersihan komersial, pengantaran, keamanan, serta lingkungan layanan lainnya yang padat karya.

Inisiatif robotika YYForce mencakup pelatihan robot humanoid dan pengumpulan data untuk berbagai tugas, seperti pembersihan kamar hotel dan toilet serta penerapan dalam layanan perhotelan. Selain itu, inisiatif ini juga mencakup robot komersial khusus yang dirancang untuk menjalankan tugas pembersihan, pengantaran, dan fungsi operasional lainnya.

Perusahaan meyakini bahwa perpaduan tenaga kerja manusia dengan sistem berbasis AI dan teknologi robotika dapat menciptakan model baru dalam penempatan tenaga kerja. Dalam model ini, teknologi membantu menangani tugas-tugas yang berulang, terstandardisasi, dan menuntut kemampuan fisik. Sementara itu, pekerja manusia berfokus pada aktivitas yang memerlukan komunikasi, pertimbangan, dan interaksi dengan pelanggan.

Membangun Infrastruktur untuk Kolaborasi Manusia dan Robot

YYForce tengah mengembangkan berbagai kemampuan yang bertujuan mendukung adopsi teknologi robotika secara lebih luas dalam lingkungan layanan di dunia nyata. Di Singapura, Perusahaan telah membangun fasilitas demonstrasi dan pelatihan robotika yang memungkinkan robot humanoid dan robot layanan khusus untuk diperkenalkan, dilatih, dan dievaluasi dalam berbagai skenario operasional.

Inisiatif ini bertujuan membantu YYForce memahami bagaimana teknologi robotika dapat diintegrasikan ke dalam operasional tenaga kerja dan pengelolaan fasilitas yang sudah ada. Selain itu, inisiatif ini juga bertujuan mengembangkan keterampilan dan proses operasional yang diperlukan untuk penerapannya di masa mendatang.

Komentar Manajemen

Mike Fu, Chief Executive Officer YYForce, mengatakan:

"Ditampilkan dalam tayangan Mediacorp memberikan kesempatan bagi kami untuk menunjukkan kepada khalayak yang lebih luas betapa pesatnya perkembangan teknologi robotika, dari tahap konsep menuju penerapan praktis. Tayangan tersebut menunjukkan kenyataan di balik AI fisik: agar robot dapat beroperasi secara andal di lingkungan komersial, robot harus terlebih dahulu belajar langsung dari pengalaman manusia."

"Visi kami bukanlah menggantikan manusia dengan robot. Kami tengah mengembangkan model operasional yang memungkinkan manusia, AI, robot humanoid, dan robot layanan khusus bekerja sama, dengan masing-masing menjalankan fungsi yang dapat memberikan nilai manfaat terbesar."

"Bidang perhotelan dan pengelolaan fasilitas menyediakan lingkungan yang praktis untuk mengembangkan kemampuan ini karena mencakup beragam tugas yang berulang, membutuhkan aktivitas fisik, dan berorientasi pada layanan. Metode pelatihan berbasis praktik langsung ini merupakan komponen penting dalam Visi YYForce 2030 kami, yang terus mendorong kami untuk Melangkah Maju Bersama (Forging Forward Together) menuju masa depan dunia kerja."

Dari Penyedia Tenaga Kerja Menuju Platform Solusi Tenaga Kerja Masa Depan

Tayangan Mediacorp tersebut mencerminkan transformasi YYForce yang lebih luas, dari bisnis layanan tenaga kerja dan fasilitas tradisional menuju platform solusi tenaga kerja masa depan berbasis teknologi.

Melalui Visi YYForce 2030, Perusahaan tengah mengembangkan ekosistem yang menyatukan:

Tenaga kerja manusia dan kemampuan penyediaan tenaga kerja sesuai permintaan;

Kecerdasan buatan dan teknologi tenaga kerja;

Robot humanoid dan robotika layanan khusus;

Pelatihan robotika, pengumpulan data, dan penerapan robot dalam kegiatan operasional;

IoT, sensor, dan teknologi bangunan pintar; serta

Platform pengelolaan fasilitas terpadu 24iFM milik YYForce.

Tujuan jangka panjangnya adalah memungkinkan tenaga kerja manusia, AI, dan teknologi robotika bekerja sama dalam ekosistem penyediaan layanan yang saling terhubung.

Tentang YYForce Inc.

YYForce Inc. (Nasdaq: YFOR) adalah perusahaan penyedia solusi tenaga kerja dan layanan pengelolaan fasilitas terpadu berbasis teknologi. Perusahaan tengah mengembangkan ekosistem tenaga kerja masa depan yang memadukan sumber daya manusia, kecerdasan buatan, robot humanoid dan robot layanan, teknologi IoT, serta platform pengelolaan fasilitas digital.

Melalui operasional tenaga kerja, kemampuan pengelolaan fasilitas terpadu, platform 24iFM, dan inisiatif robotika yang sedang dikembangkan, YYForce berupaya mendukung transisi menuju penyediaan layanan berbasis teknologi yang mengedepankan kolaborasi antara manusia dan mesin.

Untuk informasi lebih lanjut, kunjungi www.yyforce.ai.

Pernyataan Berwawasan ke Depan

Siaran pers ini memuat pernyataan berwawasan ke depan sebagaimana dimaksud dalam Pasal 27A Undang-Undang Sekuritas Tahun 1933, sebagaimana telah diubah, dan Pasal 21E Undang-Undang Perdagangan Sekuritas Tahun 1934, sebagaimana telah diubah. Pernyataan-pernyataan ini didasarkan pada ekspektasi dan asumsi Perusahaan saat ini, serta informasi yang tersedia bagi Perusahaan per tanggal rilis siaran pers ini. Pernyataan berwawasan ke depan dapat dikenali melalui penggunaan kata-kata seperti "mungkin", "akan", "seharusnya", "memperkirakan", "mengantisipasi", "merencanakan", "bermaksud", "meyakini", "mengestimasi", "potensi", atau ungkapan serupa, maupun bentuk negatif dari istilah-istilah tersebut.

Pernyataan berwawasan ke depan dalam siaran pers ini termasuk, tetapi tidak terbatas pada, strategi dan Visi 2030 YYForce, pengembangan, pelatihan, integrasi, serta adopsi komersial solusi AI dan robotikanya, termasuk robot humanoid, kolaborasi manusia dan robot, permintaan pelanggan, prioritas investasi, serta tujuan operasional.

Pernyataan berwawasan ke depan mengandung risiko dan ketidakpastian yang melekat, dan peristiwa mendatang yang dibahas dalam siaran pers ini mungkin tidak terjadi. Peristiwa dan hasil aktual dapat berbeda secara signifikan serta bergantung pada risiko, ketidakpastian, dan asumsi terkait Perusahaan dan sejumlah faktor lainnya.

Untuk pembahasan lebih terperinci mengenai faktor-faktor risiko, silakan merujuk pada dokumen yang diserahkan Perusahaan kepada Komisi Sekuritas dan Bursa AS (SEC), termasuk bagian "Risk Factors" (Faktor Risiko) dalam laporan tahunan terbaru Perusahaan pada Formulir 20-F, sebagaimana diubah. YYForce tidak berkewajiban untuk memperbarui pernyataan ini kecuali sebagaimana diwajibkan oleh hukum yang berlaku.

Informasi yang terdapat dalam atau dapat diakses melalui tayangan Mediacorp maupun situs web apa pun yang disebut dalam siaran pers ini tidak disertakan dan tidak menjadi bagian dari siaran pers ini.

KAIYI X7 Hybrid Delivers Comprehensive Protection for Family Journeys

Thu, 12 Nov 2026 06:49:00 +0700

YIBIN, China, Nov. 10, 2026 (GLOBE NEWSWIRE) -- KAIYI Auto is currently hosting X7 Hybrid test-drive events worldwide. In South America, a fleet of X7 Hybrids in Bolivia will travel from Santa Cruz to La Paz from November 9 to 14, crossing the Andean highlands and covering 1,075 km.

In the Middle East, Eastern Europe and Southeast Asia, dealers are working with automotive influencers on urban roads, intercity highways and mountain routes with a full load. These activities reflect the X7 Hybrid's strengths in hybrid power, range, driving dynamics, and active and passive safety.

Comprehensive Active Safety for Everyday Driving

The X7 Hybrid integrates 12 active-safety systems. Adaptive Cruise Control (ACC) maintains a following distance and can bring the vehicle to a stop behind the vehicle ahead; if traffic stops briefly-up to three seconds-it can resume automatically with traffic, helping reduce pedal fatigue. If a frontal collision risk is detected, Autonomous Emergency Braking (AEB) applies braking to help avoid or mitigate a rear-end collision.

For lane changes and merging, Blind Spot Detection (BSD) and Lane Change Assist (LCA) monitor traffic to the side and rear. A 540? surround-view camera activates automatically during parking to reduce blind spots, while Safe Exit Assist (SEA) alerts occupants to approaching vehicles and cyclists. Lane Departure Warning (LDW), Forward Collision Warning (FCW) and Rear Collision Warning (RCW) provide alerts for lane departure, forward collision risk and rear collision risk. These systems provide early warnings and timely intervention at critical moments.

Reinforced Safety for Occupant Protection

The X7 Hybrid features an integrated cage-style body structure. Hot-formed steel is used in areas, including the A/B pillars, sills and mid-floor crossmembers, while high-strength steel accounts for 65% of the body structure. The roof can withstand approximately three times the vehicle's weight, and key structures around the cabin are reinforced. Complementing this protection, the vehicle features six airbags with a response time of 0.03 seconds. These help cushion occupants in collisions, enhancing occupant protection.

Validated in Real-World Driving Conditions

For KAIYI, safety is never just about adding features-it is a responsibility to every user and every journey. From integrated active and passive protection to real-world validation, the X7 Hybrid embeds user-centric safety into every detail, helping customers set out confidently and arrive safely-whether on highland long-distance drives, urban commutes or family trips.

New Two Way Trade Momentum Highlighted at China-Africa Cooperation Forum in Yiwu

Thu, 12 Nov 2026 06:39:00 +0700

Photo: 2026 Forum on China-Africa Economic, Trade and Cultural Cooperation Opens in Yiwu, Jinhua

Source: Yiwu Information Office

YIWU, CHINA - Media OutReach Newswire - 10 November 2026 - On November 7, the 2026 Forum on China-Africa Economic, Trade and Cultural Cooperation was held in Yiwu, a commercial hub in central Zhejiang, east China.

As a key supporting event under the framework of the Forum on China-Africa Cooperation (FOCAC), the gathering drew statesmen, diplomats and hundreds of Chinese and foreign business participants.

Building on eight years of accumulated progress and over 140 signed projects, the forum keeps focusing on delivering outcomes from the FOCAC Beijing Summit and aligning with the 10 partnership action plans.

Once again, it shined the global spotlight on Yiwu - a city with no seacoast nor border access, yet a pivotal hub for people-to-people China-Africa trade.

Inside the Yiwu International Expo Center, a three-day China-Africa trade exhibition opened ahead of the forum. Within its 10 000-square-metre hall sit 400 well-arranged booths, bringing together 186 enterprises from 15 countries.

Import-zone shelves are stocked with Ethiopian coffee, Ghanaian shea butter and Zimbabwean handicrafts. Meanwhile, a wide array of Chinese-made goods for household use, stationery, cultural-creative products and beauty cosmetics are ready to reach households across Africa.

More than two decades ago, Chinese and African merchants had to travel far and wide to source goods and secure buyers. Today, complete warehousing, customs-declaration and cross-border logistics allow exhibits to move straight from booths onto ocean-going vessels, closing the full loop from display to delivery.

Transformations extend well beyond exhibition halls.

Twenty years ago, most African traders in Yiwu acted purely as purchasers: they would fill shipping containers with selected goods and ship them back home.

On May 1 this year, China implemented zero-tariff treatment for 53 African diplomatic partners, further reshaping Sami's business landscape. Trade is no longer a one-way "sell-out" model. Seizing this policy dividend, he began importing local Ugandan specialties such as coffee beans and chili peppers into China. Via Yiwu's hub, these goods are then distributed to broader markets aboard the China-Europe Yiwu-Xinjiang-Europe Railway Express.

"Zero tariffs give young Africans direct access to the Chinese market and make two-way trade far more actionable," Ugandan businessman Sami said, hoping more African traders will leverage Yiwu as a platform to bring African products to the wider world.

Like Sami, many entrepreneurs from diverse African nations regard Yiwu as their second home and serve as living, human-scale bridges connecting the two continents.

Official statistics bear witness to this shift. Between January and September 2026, Yiwu's exports to Africa reached 135.903 billion yuan, marking a year-on-year rise of 30.18 percent.

Historically, China-Africa trade largely featured Chinese goods flowing one-way toward Africa. Today trade chains are evolving into two-way pathways. African coffee, honey and avocados are finding growing room in China's consumer market. At the same time, Chinese enterprises are no longer content with merely delivering cargo to African ports.

Many firms are pushing supply-chain operations deeper into African local contexts. Local Yiwu-based supply-chain operators have set-up exhibition halls and 15 000-square-metre overseas warehouses in Senegal.

Conventional export business often concluded once goods departed Chinese ports. Now, end-to-end services including bulk procurement, overseas warehousing, local distribution and brand internationalisation travel alongside merchandise into Africa.

To date, Yiwu has established 28 overseas warehouses across 12 African countries. Together with offshore sub-markets and national-buyer service centers, a network spanning procurement, warehousing and distribution is taking shape, bridging Chinese supply capacity and African consumer demand.

In Yiwu, China-Africa cooperation finds tangible expression in shipping containers, grassroots commercial orders and ordinary people's pursuit of success.

Though land-locked, Yiwu links countless towns across the African continent. The Chinese city bears witness to China-Africa trade advancing past simple commodity transactions, entering a new era of co-built supply chains, mutual market access and people-to-people cultural bonds.

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

Construction begins on massive underground neutrino experiment designed to unlock the secrets of the universe

Wed, 11 Nov 2026 11:04:00 +0700

Nearly a mile underground in South Dakota, scientists are building a world-leading experiment to study neutrinos and investigate some of the universe's greatest mysteries, including how the universe took shape after the Big Bang and if neutrinos are the reason our world is predominantly made of matter. Currently, crews from Fermilab, CERN and SURF are assembling large steel beams to form the outer structure of the neutrino experiment's massive detector modules.

Batavia, Illinois, Nov. 10, 2026 (GLOBE NEWSWIRE) -- Installation crews with the U.S. Department of Energy's (DOE) Fermi National Accelerator Laboratory (Fermilab) and CERN, the European Organization for Particle Physics, are working alongside the Sanford Underground Research Facility (SURF) to begin building massive cryostats, giant insulated containers designed to hold liquid argon at an extremely cold temperature, for the leading-edge Deep Underground Neutrino Experiment (DUNE).

The work is happening nearly a mile underground at SURF in Lead, South Dakota, where thousands of red steel beams were meticulously transported, one by one, from the surface down to the assembly area. Once installed, the beams will form the outer structures of the experiment's two detector module cryostats. Each will house approximately 17,000 tons of liquid argon maintained at approximately minus 300 degrees Fahrenheit.

"DUNE is Fermilab's top priority," said Norbert Holtkamp, director of Fermilab. "The entire organization is thrilled to see this work begin. Once underway, DUNE has the potential to help us broaden our fundamental understanding of our universe, as well as potentially open the door to new technological advances."

Once operational, Fermilab will send a beam of neutrinos 800 miles (1,300 kilometers) through Earth to DUNE's liquid-argon detectors in South Dakota. A second detector near the neutrino beam source at Fermilab will measure the particles before they begin their journey. Together, the facilities at Fermilab and the underground site in South Dakota form the Long-Baseline Neutrino Facility.

DUNE is an international collaboration of over 1,500 researchers hosted by Fermilab, including five DOE Office of Science Laboratories. The more than 6,200 tons of steel being used on the cryostat modules are an in-kind contribution from CERN. CERN is leading the design, construction planning, logistics and installation of DUNE's massive cryostats, working with a Minnesota-based structural steel contractor to assemble the structures deep underground in South Dakota.

"We have been lucky to see several milestones occur recently, such as the arrival of steel for both cryostats in Rapid City from Houston, to the celebration earlier this year marking the start of steel being lowered underground in Lead," said Jolie Macier, project manager for the far detectors and cryogenics of DUNE. "This brings us one step closer to science."

The DUNE experiment marks the first time CERN has made such significant contributions to an experiment happening outside of Europe.

"Collaboration is in CERN's DNA, and our contribution to DUNE is a brilliant example of cross-organizational partnership," said Mark Thomson, director general of CERN. "After years of planning and careful coordination, I am thrilled to see that we are ready to start installation."

CERN is a leader in particle physics technologies, including the design of the unique cryostats for DUNE. Using its Neutrino Platform facility, CERN developed and built the ProtoDUNE detector, the first prototype of the two detector technologies that will be used in the DUNE far detector modules.

"The work that has been done is a full contribution of CERN's expertise," said Llu?s Miralles, Neutrino Platform principal project engineer at CERN. "Not only did we contribute our technical know-how, but also the project management capabilities of the organization. CERN demonstrates here how, by design, we have in-house competencies to address requirements and challenges at all levels of the project."

Each cryostat measures 216 feet long (65.8 meters), 62 feet wide (18.9 meters) and 60 feet high (18.3 meters). To illustrate the enormous size of the cryostats, each one is longer than a Boeing 747 airplane, and each one will stand a full story taller than the iconic Hollywood sign in Los Angeles.

"SURF is proud to support this world-class research 4,850 feet (1,478 meters) below ground level. This massive experiment is slated to run into the late 2040s, with the potential to impact science for generations. In the process, it's creating a home for some of the best and brightest scientific minds in the world and a range of high-paying jobs right here in the Black Hills," said Mike Headley, SURF laboratory director and executive director of the South Dakota Science and Technology Authority.

A total of 2,600 red steel beams will be used to build DUNE's two cryostat modules. SURF is responsible for shaft operations and logistics, ensuring that each of these steel beams - and other necessary installation equipment - is safely transported underground to the work site.

In addition to the installation work underway in the South Cavern, SURF crews have begun lowering steel components for the second cryostat into the North Cavern, where assembly is expected to begin next year.

"This marks an incredible milestone for the collaboration and reflects the cross-continental partnerships between CERN, Fermilab, and SURF that are essential to realizing this project," said Sowjanya Gollapinni, co-spokesperson for DUNE. "This synergy is at the core of how big international collaborations work. We are thrilled to take this major step forward as we move closer to the transformative science that DUNE will deliver."

The underground space of DUNE is planned to be completed by 2029, and the detector apparatus in 2030. From that date, a 1,500-strong worldwide team of researchers will begin probing the laws of nature more deeply than ever before, observing particles from the Sun and outer space. Using Fermilab's PIP-II accelerator upgrade, the terrestrial neutrino beam is expected to be sent to the underground detectors in South Dakota by 2031, enabling DUNE's long-term scientific program.

Fermi National Accelerator Laboratory is America's national laboratory for particle physics and accelerator research. Fermi Forward Discovery Group manages Fermilab for the U.S. Department of Energy Office of Science. Visit Fermilab's website at www.fnal.gov and follow us on social media.

VinFast Launches the All-New VF 8 in the Philippines

Wed, 11 Nov 2026 11:00:00 +0700

Source: VinFast

MANILA, PHILIPPINES - Media OutReach Newswire - VinFast officially launches the All-New VF 8 and announces its pricing in the Philippines. With comprehensive upgrades to its design, technology and driving dynamics, the all-electric D-segment SUV is an ideal choice for Filipino families seeking an enhanced driving experience and customers making the switch to electric vehicles.

In the Philippines, the all-electric D-segment SUV has a list price of PHP 1,548,000 with a battery subscription and PHP 1,799,000 with the battery included. The first customer deliveries are expected to begin in November 2026.

The All-New VF 8 is developed to combine the comfort and convenience of a family SUV with the technology and performance of an electric vehicle. Comprehensive upgrades span its design, chassis, electrical and electronic architecture, and vehicle systems, reflecting VinFast's investment in research and development to deliver a smoother, more responsive and more comfortable driving experience.

Guided by the "Tech Fluid" design philosophy, the vehicle features a modern, dynamic exterior with a focus on everyday practicality. Measuring 4,701 mm in length, 1,872 mm in width and 1,670 mm in height, with a wheelbase of 2,840 mm, the five-seat SUV provides space for family travel. Its 170 mm ground clearance and 19-inch wheels support driving across varied road conditions.

The cabin features an intuitive layout that puts key controls within easy reach. A 12.9-inch central infotainment display integrates the vehicle's main functions, complemented by a display behind the steering wheel that provides essential driving information. A steering-column-mounted gear selector simplifies operation for added convenience in everyday use.

The All-New VF 8 is powered by an electric motor delivering a maximum output of 170 kW and peak torque of 330 Nm, paired with front-wheel drive and three driving modes: Eco, Normal and Sport. Its 60.13 kWh battery provides a range of 480 km on a full charge under the NEDC standard. The vehicle supports super-fast charging from 10% to 70% in under 30 minutes, allowing drivers to fit charging stops into their travel plans.

VinFast offers customers the choice of purchasing the vehicle with the battery included or opting for a battery subscription to suit their needs and financial plans. The All-New VF 8 comes with a vehicle warranty of seven years or 160,000 km and a high-voltage battery warranty of 10 years or 200,000 km, whichever comes first in each case.

Mr. Antonio "Toti" Zara III, CEO of VinFast Philippines, said: "The launch of the All-New VF 8 marks another milestone in VinFast's long-term commitment to the Philippines and our vision for the future of electric mobility. Comprehensive improvements to its design, driving dynamics and technology reflect our continued investment in research and development to deliver a smoother, more comfortable and more intelligent driving experience. We believe the All-New VF 8 will strengthen VinFast's premium electric vehicle lineup in the Philippines, offering a compelling choice that meets the increasingly diverse mobility needs of Filipino consumers."

The selection of the Philippines as the first international market to launch the All-New VF 8 further highlights the country's role in VinFast's product expansion. Alongside its increasingly diverse electric vehicle lineup, the company is developing its dealership network, aftersales services and charging infrastructure with the support of V-Green and local partners. By combining its products with comprehensive ownership support, VinFast aims to meet real-world mobility needs and help Filipino families make the switch to electric vehicles with greater convenience and confidence.

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

Hashtags: #VinFast

Zoom's new AI Launchpad offers up to $150K in complimentary credits to build next-gen apps

Wed, 11 Nov 2026 10:54:00 +0700

*New program helps AI-native startups build and scale with Zoom's industry-leading speech, language, and voice AI Services, no equity stake required; applications open today

SAN JOSE, Calif., Nov. 10, 2026 (GLOBE NEWSWIRE) -- Zoom Communications, Inc. (NASDAQ: ZM) today announced AI Launchpad, a new grant program offering eligible startups up to $150,000 in Zoom AI Services credits to build and scale next-gen AI-native applications - completely equity-free.

Removing the costly barrier posed by multi-vendor APIs, the program provides founders with access to the AI technology used in Zoom's own products, plus technical support to accelerate go-to-market growth.

"AI startups should spend time solving real problems, not stitching together infrastructure," said X.D. Huang, chief technology officer at Zoom. "AI Launchpad gives founders the same industry-leading AI technology that powers our own products, plus resources to move faster and focus their engineering talent where it matters most."

Building AI-powered products often forces startups to stitch together a patchwork of expensive third-party providers for speech, language, and decision-making. AI Launchpad helps eliminate this hurdle by providing a unified platform, so developers can spend more time building their products and less time managing the technology behind them.

The program builds on Zoom AI Services, which delivers Zoom's AI capabilities to developers through standalone APIs. These services span speech recognition, summarization, translation, voice AI, and decision intelligence, so developers can build applications that better understand conversations, generate responses, and take action. AI Launchpad extends Zoom's investment in AI infrastructure to emerging companies developing new products across industries.

Helping startups build with Zoom AI Services

AI Launchpad gives startups access to Zoom AI Services, a platform that brings speech, language, and decision-making capabilities together without requiring developers to build and manage each component themselves.

Startups can use Zoom's APIs to develop a range of AI-powered products, including:

Voice AI and customer service agents that understand spoken requests, generate natural responses, and support customer interactions.

Conversation intelligence applications that transcribe and summarize calls, meetings, and other audio to surface useful information and support follow-up workflows.

Multilingual experiences that use translation and speech capabilities to help people communicate across languages.

AI-powered workflows that use the Decisions API to analyze information, classify requests, and help determine the next action.

The program offers three tiers based on a startup's stage, technical needs, and eligibility:

TIER	API CREDITS	BENEFITS
Launch	$5,000	Community resources Technical office hours
Scale	$50,000	Engineering support Co-marketing opportunities
Propel	$150,000	Advanced technical guidance Early feature access Go-to-market collaboration

Credits are available for up to 12 months. Participating startups may also receive engineering guidance, opportunities to showcase their products through Zoom's developer channels, and introductions to potential enterprise customers.

Applications now open

AI Launchpad is designed for startups developing software products with speech, language, or conversational AI at their core. Applicants will be evaluated based on their product, team, technical approach, traction, and plans to build with Zoom AI Services.

Applications will be reviewed on a rolling basis, with a limited number of startups accepted into the program.

To learn more about AI Launchpad and apply, visit https://zoom.ai/ai-launchpad.

About Zoom

Zoom (NASDAQ:ZM) is a system of action for modern work, turning live collaboration into completed results. From entrepreneurs to global enterprises, customers choose Zoom to seamlessly collaborate, communicate, and drive outcomes across meetings, phone, contact center, and more - all with the built-in assistance of Zoom AI. Founded in 2011, Zoom is headquartered in San Jose, CA. For more information, visit zoom.com.