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ICONSIAM Hosts Spectacular Chinese New Year 2025 Celebration to Commemorate 50 Years of Thai-Chinese Relations

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The Chinese New Year Festival has been Recognized as Part of UNESCO’s Intangible Cultural Heritage of Humanity

A 150-Million-Baht (US$ 4.35 Million) Investment to Honor the 50-Year Milestone, Featuring Breathtaking Sculpture Exhibition, Cultural Displays and Performances, and a Vibrant Chinese Street Market.

BANGKOK, THAILAND – Media OutReach Newswire – 17 January 2025 – ICONSIAM, a global landmark on the banks of the Chao Phraya River, developed by Siam Piwat Group, Magnolia Quality Development Corporation, and Charoen Pokphand Group is commemorating the 50th anniversary of diplomatic relations between Thailand and the People’s Republic of China with unparalleled Chinese New Year 2025 celebration. With an investment of over 150 million Baht (US$ 4.35 million), ICONSIAM is hosting two monumental events to kick off 2025—a groundbreaking “Lancang to ChaoPhraya” sculpture exhibition starting from January 15, 2025. In addition, a grand Chinese New Year celebration, set to captivate millions of visitors from around the world, will feature, for the first time, the enshrinement of 60 Tai Sui deities—guardians of fortune representing all birth years—allowing visitors to seek blessings for the Year of the Snake. Attendees can also enjoy the special “Dragon of Two Lands” performance, symbolizing the unity of the Naga and the Dragon, along with a cultural dance from Changsha, China. The festivities will unfold amidst the “Little China” street market, offering over 35 famous shops from across Thailand with food, travel and shopping for 10 days from January 24 to February 2, 2025. The event is expected to attract over 2 million visitors worldwide.

ICONSIAM A Prosperous Chinese New Year 2025

Mr. Supoj Chaiwatsirikul, Managing Director of ICONSIAM Co., Ltd., stated “This year marks a significant milestone in Thai-Chinese relations, celebrating the 50th anniversary of diplomatic ties. ICONSIAM, in collaboration with its partners, presents the exhibition “Lancang to Chao Phraya,” showcasing masterful sculptures that convey the cultural and spiritual connections from the Chinese river to the Chao Phraya river.

The exhibition celebrates this momentous occasion by fostering Thai-Chinese cultural exchange through world-class artwork. Running from January 15 to February 28, 2025, at River Park, ICONSIAM, the highlight of this exhibition is the masterpiece sculpture ‘Chubby Woman with Dragon & Naga,’ created through the first-ever collaboration between Thailand’s National Artist ‘Dr. Preecha ThaoThong’ and a prominent Chinese artist ‘Mr. Xu Hong Fei,’ famous for his iconic “chubby woman” sculptures. This exceptional creation symbolizes the deepening bond between the two nations, offering a complete and profound cultural exchange,” said Mr. Supoj.

Furthermore, ICONSIAM has also joined forces with government entities, including the Ministry of Culture and the Tourism Authority of Thailand (TAT), as well as private partners such as KASIKORNBANK, SOOKSIAM, and leading Chinese associations, solidifying its reputation as a Global Destination that attracts visitors from around the world for every festival.

“ICONSIAM is investing over 150 million baht (US$ 4.35 million) in celebrating these two significant occasions. Kicking off the first quarter of the year, the events commemorate the 50th anniversary of Thai-Chinese diplomatic relations and the Chinese New Year. It is expected that 2 million visitors, including both Thais and tourists from around the world, will attend the 10-day event, with a projected 20% increase in consumer spending within the shopping complex compared to the previous year,” Mr.Supoj concluded.

The ICONSIAM A Prosperous Chinese New Year 2025 Key Highlights Include:

  • A Grand Performance to Celebrate 50 Years of Thai-Chinese Diplomatic Relations
    This grand celebration will dazzle with a spectacular performance honoring the strong ties between the two nations. The auspicious occasion begins with a special performance featuring the majestic “Drums of Prosperity,” followed by the breathtaking “Two Nations Dragon Dance,” symbolizing the union of the Naga and the Dragon, in honor of the 50th anniversary of the establishment of diplomatic relations between Thailand and China. Witness an extraordinary cultural performance from Changsha City, a nationally acclaimed showcase from the People’s Republic of China. Enjoy exclusive entertainment activities and surprises, including an exclusive opening ceremony performance by the hottest on-screen duo, Zee and Nunew, on Friday, January 24, 2025, starting at 5:00 PM.
  • Blessings and Prayers for Prosperity from the 60 Deities of Tai Sui
    For the first time ever, the 60 deities of Tai Sui, guardians of fortune representing all birth years from the historic Renwei Temple in Guangzhou, China, over a thousand years old. Each deity corresponds to a specific birth year and is believed to bring good fortune when properly honored. Visitors can pay respects and seek blessings for a smooth and prosperous year ahead.
  • “Little China” – A Traditional Chinese Walking Street with Over 35 Famous Stalls
    Visitors can explore the “Little China” walking street, where they can enjoy a variety of auspicious foods along the Chao Phraya River’s most scenic dragon bend. Notable Michelin Guide restaurants, such as Hia Wan Khao Tom Pla, will offer their celebrated dishes, including crab porridge, salmon salad, and grilled squid. Delight in dishes from nine different Chinese associations in Thailand, such as Hokkien buns, dim sum, and dumplings.
  • Food for Good Fortune from Thailand’s Four Regions at “SOOKSIAM”
    Savor symbolic dishes representing good fortune, including “Roast Pig,” a symbol of abundance and gratitude, “Roast Duck” for wealth and sincere love, and “Longevity Noodles” for long life. Other delicious offerings include “Golden Pork” (crispy pork), and “Steamed Grouper with Lime.” Guests can also enjoy cultural performances such as face-changing mask performance, Chinese dance, a unique blend of Muay Thai and Chinese acrobatics performance, and a Lion Dance are just some of the spectacular performances to enjoy.
  • A Must-Visit Photo Spot at ICONSIAM’s River Park
    Visitors are invited to take photos in the dazzling Chinese lantern displays at River Park, where ICONSIAM has transformed the area into three stunning lantern rooms:
    1. Harmonious Prosperity and Longevity: Featuring red lanterns symbolizing prosperity and happiness, adorned with Thai floral patterns.
    2. Harmonious Heritage and Future: A fusion of Thai-Chinese heritage, with immersive lighting and the elements of earth, water, wind, and fire.
    3. Harmonious Blessings and Fortune: A reflective lantern room featuring auspicious blessings in Thai, Chinese, English, Korean, Japanese, and Arabic.

The public is invited to experience this breathtaking celebration and take unforgettable photos from today until March 15, 2025.

Be part of the Chinese New Year celebration at the “ICONSIAM A PROSPEROUS CHINESE NEW YEAR 2025: A Festive Celebration of 50 Years of Thai-Chinese Relations” from January 24 to February 2, 2025, at River Park, ICONSIAM. Stay updated via ICONSIAM’s Facebook: www.facebook.com/ICONSIAM/ or on ICONSIAM’s official LINE account: @ICONSIAM. For further inquiries, please call 1338.
Hashtag: #ICONSIAMCNY2025 #ICONSIAMaProsperousChineseNewYear2025 #ICONSIAM

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

About ICONSIAM

Located on the Chao Phraya River in Bangkok, ICONSIAM is a global landmark and a major force in strengthening Bangkok’s position as one of the world’s most desirable destinations. This mega city project includes two glamorous retail complexes, two world-class waterfront residential condominium buildings and the ‘Seven Wonders at ICONSIAM’.

ICONSIAM combines the best of the world with the best of what Thailand has to offer, bringing together, art, culture, global luxury lifestyle pursuits, fine dining, ultra-luxury residences, and the ultimate shopping experience into a single destination. Developed by Siam Piwat group, Magnolia Quality Development Corporation, and Charoen Pokphand Group, it opened in 2018 and has since been driven by the core values of ‘co-creation and shared value for sustainability’ — creating value for all stakeholders through mutual business growth.

To learn more about ICONSIAM, please visit:

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Global Wellness Forum 2026 Set for June 23 in Kuala Lumpur as Malaysia’s Nutraceutical Industry Embarks on Next-Gen Transformation

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KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 16 June 2026 – Malaysia’s wellness market is moving beyond traditional competition over ingredients, dosage, and pricing toward product-format experience, sustained use, and differentiated innovation. The Global Wellness Consumer & Product Trends Forum 2026 will hold a forum on June 23, 2026, in Kuala Lumpur. Under the theme “Defining the Next Generation of Health Industry,” the event will bring together Malaysian trade associations, leading distribution channels, and Taiwanese R&D teams to jointly explore market opportunities.

As a core component, James Pereira, general manager of MADSA, will share insights on Malaysian health industry regulations. Adrian Toh, CEO & Executive Director of R Pharmacy, will provide frontline retail channel observations regarding shifting consumer demands. Alex Liao, General Manager of Welbloom Bio-Tech, will represent Taiwan to share how format innovation effectively responds to brand differentiation, consumption experiences, and market compliance needs.

Faced with brands’ attention toward differentiated experiences, Welbloom Bio-Tech will showcase its proprietary, Halal-certified FRESH-Jelly® technology on-site, demonstrating the innovative application to make supplements more food-like. Through ingredient payload capacities, zero- or low-sugar designs, and customized flavor development, FRESH-Jelly® allows supplements to maintain functionality while becoming more enjoyable to consume regularly, providing Malaysian brands with a distinctive option beyond capsules and tablets.

With the rapid rise of Malaysia’s wellness consumer market, its mature distribution channels and exceptional potential for regional expansion are accelerating the country’s growth as a critical hub for the Southeast Asian health industry. Welbloom Bio-Tech states that this forum is a bridging platform connecting Taiwan’s manufacturing capabilities with Malaysian market insights, aiming to unlock commercially viable partnerships for both regions.

The event is organized by The PAGE, co-organized by Welbloom Bio-Tech and SEAbizs, and supported by NTBSA, MATRADE, R Pharmacy, and MADSA.

Event Information】
Time: June 23, 2026, 09:30 – 14:00
Venue: The Zenith – Connexion Conference & Event Centre, Kuala Lumpur

Hashtag: #WelbloomBioTech

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

About Welbloom Bio-Tech

Welbloom Bio-Tech focuses on health supplement R&D, manufacturing, and dosage form innovation. Through forward-looking market foresight and robust R&D technologies, it provides one-stop services from formulation design and flavor development to manufacturing, assisting clients in Malaysia and Singapore to build highly competitive health supplements.

To learn more, please search “Welbloom” or click the link:

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Doing Good Index 2026: Asia’s US$753 Billion Philanthropic Potential Remains Unrealized

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In the 2026 edition of its flagship policy report the Doing Good Index, the Centre for Asian Philanthropy and Society (CAPS) finds that Asia’s capacity to deploy private capital for social good is not keeping pace with its potential.

  • Asia’s social sector is under strain: 78% of the 2,166 social delivery organizations (SDOs) surveyed report insufficient domestic funding.
  • Asia is one of the fastest-growing regions for wealth creation, yet the policies and incentives needed to channel it toward social good are not keeping pace.
  • Singapore has become the first economy to enter the “Doing Excellent” category, demonstrating what alignment across regulations, tax incentives, government partnerships and efforts to create a culture of giving can achieve.
  • 84% of Asian SDOs surveyed apply the UN Sustainable Development Goals (SDGs) in their operations, pointing to their enduring value as a shared framework for coordination and collective action beyond 2030.

HONG KONG SAR – Media OutReach Newswire – 16 June 2026 – Asia’s social needs are intensifying, and official development assistance is declining. Yet, while the region’s wealth is growing dramatically, the policies, incentives and partnerships needed to channel private capital toward social good are not keeping pace. That is a key finding of the Doing Good Index 2026, the fifth edition of CAPS’s flagship policy report, which assesses the enabling environment for private social investment across 17 Asian economies.

The report finds that while the enabling environment for private social investment is in place across much of the region, its effectiveness remains uneven. Improvements in registration processes and accountability mechanisms have been accompanied by persistent barriers, including restrictions on foreign funding, regulatory complexity, and inconsistent government engagement. In many cases, policies exist on paper but are not fully implemented in practice, limiting their impact.

At the same time, although trust in SDOs remains high across the region, broader ecosystem conditions, such as media sentiment, talent pipelines, and institutional support, are showing signs of strain. 81% of SDOs struggle to secure unrestricted funds for their work, while 73% report difficulty recruiting staff, constraining the sector’s ability to turn trust into impact.

“Asia has the wealth, the will, and in many economies, the foundations of a strong enabling environment. What is needed now is concerted, aligned effort to bring them together. The potential is enormous,” said Ruth Shapiro, Co-Founder and CEO, Centre for Asian Philanthropy and Society.

Unlocking Asia’s US$753 Billion Philanthropic Potential

Even as Asia’s wealth continues to grow, the region faces significant and intensifying challenges across climate, education and health. Official development assistance is declining, and there is increasing pressure on domestic resources at precisely the moment demand for social services is rising.

If Asian economies were to contribute just 2% of GDP to philanthropy, as the United States does, it could generate an estimated US$753 billion annually for social good. That represents 15 times the official development assistance flowing into the region, and almost half the financing needed to hit the UN’s SDGs in Asia. But realizing that potential depends on strengthening the policies, incentives and partnerships that enable private capital to flow toward social good. The Doing Good Index 2026 finds that across much of Asia, those conditions are not yet in place.

“The world has changed dramatically, and Asia can no longer rely on others to address its social challenges. The Doing Good Index 2026 shows the region has the potential to meet this moment, but only if governments and philanthropists act together to build the conditions that make it possible,” said Ronnie Chan, Chairman, Centre for Asian Philanthropy and Society.

Singapore Shows What Alignment Can Achieve
Singapore has, for the first time, entered the top “Doing Excellent” category in the Doing Good Index 2026, reflecting years of deliberate effort to build a strong culture of philanthropy and civic engagement. Clear regulations, generous tax incentives, openness to foreign funding, and close collaboration between government and the social sector have created a strong enabling environment.

Singapore’s achievement demonstrates that when regulations, fiscal policy, ecosystem conditions and procurement work in concert, the outcomes are stronger. While no two economies will follow the same path, Singapore’s experience highlights the conditions that matter, such as the active promotion and alignment of philanthropy and giving across the whole of society.

The SDGs: Falling Short but Still Relevant in Asia
In the run-up to 2030, global progress toward the SDGs has fallen short of ambition, and Asia is no exception. Yet the Doing Good Index 2026 finds that 84% of SDOs continue to apply the SDGs in their work. Further, the rise of Environmental, Social and Governance (ESG) reporting has not displaced them, because most SDOs see the two frameworks as complementary rather than competing.

As the deadline approaches, the Index points to their enduring value not as a target but as a shared framework for strategy, coordination and collective action in the years ahead.

Other Findings from the Report

  • Talent shortages persist for Asia’s social sector: more than 70% of SDOs face difficulty recruiting and retaining staff across Asia.
  • AI adoption is happening, but usage remains limited: only 13% of surveyed SDOs report using AI regularly.
  • 39% of SDOs say claiming tax benefits is difficult, suggesting administrative barriers may be limiting the impact of existing incentives for giving.

Hashtag: #CAPS #DoingGood #PrivateCapital #PublicGood #Philanthropy #Impact

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

About the Doing Good Index

Released biennially and now in its fifth edition, the Doing Good Index is CAPS’s flagship policy research that assesses the enabling environment for doing good in Asia: the systems, policies and practices that facilitate or constrain philanthropic giving and the deployment of this capital.

CAPS’s research team surveyed 2,166 social delivery organizations (SDOs) and conducted 132 interviews with sector experts across 17 Asian economies to provide a comparative, evidence-based view of where environments are supportive, where gaps persist, and how systems can be strengthened to better mobilize private resources for public good.

The Index looks at indicators under four sub-indexes: regulations, tax and fiscal policy, ecosystem, and government procurement, which provide an understanding of the specific measures economies have taken to catalyze philanthropic giving and promote social sector development.

Since its inception, the Index has been an essential resource for policymakers, philanthropists, and nonprofit leaders seeking to understand and improve the conditions for giving across the region.

For more information, and visit .

About the Centre for Asian Philanthropy and Society (CAPS)

Established in 2013 and working across more than 17 economies in Asia, the Centre for Asian Philanthropy and Society (CAPS) is a nonprofit organization committed to improving the quantity and quality of philanthropic and private giving throughout Asia. Our mission is to maximize private capital for public good, conducting research, advisory, convening and capacity building to engage philanthropists, foundations, family offices, corporates, government bodies, social sector organizations and experts on best practices, models, policies and strategies to facilitate private giving and social investment in the region. For more information, visit and .

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Frost & Sullivan White Paper Names Phancy Rise vGPU a Tier 1 Leading Platform

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Rise vGPU + ModelHub Power China’s AI into the Heterogeneous Orchestration Era

HONG KONG SAR – Media OutReach Newswire – 15 June 2026 – Frost & Sullivan, a globally renowned growth consulting firm, has released its “2026 AI Infrastructure Orchestration Platform White Paper”. The report recognizes Phancy Group’s Rise vGPU as a Tier 1 Leading Platform, the highest maturity tier in heterogeneous GPU orchestration. Phancy’s ModelHub also achieved the highest Overall Score in the enterprise-grade model management platform evaluation. This marks a significant endorsement of Phancy’s technological capability in heterogeneous AI infrastructure.

According to the white paper, as large model applications scale rapidly, China’s AI industry is facing structural challenges stemming from multi-chip coexistence. These include hardware heterogeneity, fragmented software stacks, persistently low GPU utilization (generally below 30%), and rising model adaptation complexity — all of which have become major bottlenecks for enterprise-scale AI deployment.

The report highlights a fundamental shift in AI infrastructure competitiveness – moving away from “single-chip performance” toward “cluster-scale system coordination.” At this critical juncture, Phancy has positioned itself as a leader in advanced orchestration through its full-stack AI infrastructure platform, offering a proven solution to heterogeneous compute challenges and helping drive China’s AI industry from “compute accumulation” into a new era of “compute orchestration.”

Phancy Rise vGPU: Tier 1 Leading Platform

In its assessment of mainstream AI infrastructure platforms, Frost & Sullivan defined Tier 1 criteria across three core dimensions: heterogeneous support, fine-grained control, and production-grade execution. Phancy Rise vGPU meets all three standards and has been recognized as a Tier 1 Leading Platform.

Rise vGPU transforms AI infrastructure from fragmented, low-efficiency device-level management to a unified software-defined control plane. Its key technology breakthroughs include:

  • Comprehensive Heterogeneous Management: Unified onboarding and management across more than 10 mainstream GPU/NPU vendors, including NVIDIA, Ascend, Cambricon, Hygon, and others.
  • Ultra-Fine Resource Partitioning: Industry-leading sub-GPU level compute and MB-level memory granularity slicing.
  • Significant Utilization Improvement: Through safe oversubscription and time/space multiplexing, GPU utilization is increased from industry averages below 30% to 70%-90%.
  • Intelligent Precision Scheduling: Multi-dimensional scheduling algorithms based on priority, topology, load, and resource awareness to achieve optimal compute allocation.
  • Production-Grade SLA Assurance: The Deterministic Execution Layer delivers committed and auditable SLA guarantees for critical inference workloads.
  • Full Lifecycle Operability: Comprehensive monitoring, metering, and cost allocation capabilities that turn GPU resources into truly operable digital assets.

Model Hub: Highest Overall Score in Model Management Platform Evaluation

Beyond compute orchestration, the report underscores the strategic importance of enterprise-grade model management platforms. As a powerful complement to Rise vGPU, Phancy ModelHub enables enterprises to build a complete full-stack AI infrastructure — from compute to models and from resource scheduling to business delivery.

The white paper notes that Phancy ModelHub delivers leading performance in key areas such as Model & Chip Compatibility, Execution Stability & Performance, and Model-GPU Coordination & Scheduling, achieving the highest Overall Score. Through its unified model management and execution platform, ModelHub creates a seamless closed-loop process covering model onboarding, deployment optimization, inference services, and version governance — significantly lowering the barrier to model deployment and accelerating AI innovation.

Dr. Dai Wenyuan, Founder & CEO of Phancy, said: “The Frost & Sullivan white paper accurately captures the inflection point in AI infrastructure development. The recognition of Rise vGPU as a Tier 1 Leading Platform and ModelHub’s top Overall Score provide important authoritative validation of Phancy’s technology strategy and product strength. As a full-stack AI cloud service platform, Phancy believes the next wave of competitiveness in the AI industry will come from systematic improvements in compute orchestration efficiency. We will continue to focus on heterogeneous compute unified scheduling and model ecosystem operations, working closely with customers and industry partners to advance China’s AI industry from ‘compute accumulation’ to a true ‘compute orchestration’ era.”

Hashtag: #PhancyGroup

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

About Phancy Group

Phancy Group (6682.HK) is a leading full-stack AI cloud services platform, providing comprehensive solutions for the AI 2.0 era. Our offerings include Rise vGPU, ModelHub and SageAIOS, delivering efficient and scalable AI infrastructure with end-to-end capabilities. We provide a complete solution from heterogeneous compute resource management and optimization to the deployment of intelligent agent models. These solutions empower digital transformation across a wide range of industries, supporting our vision of building a large-scale and efficient “Token Factory.”

Guided by the mission of “AI for Everyone” and positioned as the “Navigator of AI,” Phancy Group is committed to becoming a global leader in Artificial General Intelligence.

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