Connect with us

Media OutReach

Da Nang Investment Forum 2025 Showcases Vietnam’s Rise as a Financial Hub

Published

on

Strengthening Vietnam-Singapore Financial Ties: Unlocking New Investment Opportunities in Banking, Fintech, and Green Finance

SINGAPORE – Media OutReach Newswire – 5 March 2025 – The Da Nang Investment Forum 2025, held on 3 March 2025 at The Ritz-Carlton, Millenia Singapore, underscored Vietnam’s strategic ambition to position itself as a key financial hub in Southeast Asia and commitment to regulatory innovation and international collaboration. Organised by the People’s Committee of Da Nang City in collaboration with Terne Holdings, the forum brought together close to 200 government leaders, global investors, and financial experts to explore the city’s transformation into a dynamic financial center and the opportunities it presents for Singapore international investors.

Pictured: H.E. Nguyen Van Quang, Secretary of the Da Nang Municipal Party Committee giving his, Opening Remarks at The Da Nang Investment Forum 2025

The forum, a key highlight of Da Nang’s high-level delegation visit to Singapore, was officiated by H.E. Mr. Nguyen Van Quang, Secretary of the Da Nang Municipal Party Committee and Head of the National Assembly Delegation of Da Nang City, alongside H.E. Tran Phuoc Anh, Ambassador of Vietnam to Singapore. Ambassador Tran Phuoc Anh delivered the opening remarks, setting the stage for discussions on Da Nang’s economic development, investment-friendly policies, and its role in Vietnam’s broader financial growth strategy. Moderated by Dr. Chua Hak Bin, Co-Head of Macro Research at Maybank, the forum featured an interactive dialogue with Da Nang’s leadership, offering firsthand insights into the city’s dynamic investment climate and ambitious future.

Positioning Da Nang as Vietnam’s Next Economic Powerhouse

As one of Vietnam’s six centrally governed cities, Da Nang is emerging as a key regional growth hub, driven by world-class infrastructure, innovation-driven industries, and progressive economic policies. The city has identified two key drivers for future development: the Da Nang International Financial Centre and the Da Nang Free Trade Zone. Strategically positioned at the crossroads of major ASEAN economies, Da Nang plays a vital role in the economic, political, and national defense landscape of both the Central region and Vietnam. With a strong regulatory framework and significant infrastructure investments, the city aims to attract financial institutions, asset managers, and fintech firms looking to expand into the ASEAN market.

“Da Nang is rapidly developing and actively embracing scientific advancements to drive its growth. As Vietnam pursues its ambition of becoming an international financial center in Southeast Asia, Da Nang plays a crucial role in realizing this vision by creating value-driven opportunities in the financial sector. shared in the welcome remarks of H.E. Tran Phuoc Anh, Ambassador of Vietnam to Singapore. “Singapore, already one of Vietnam’s largest investors, is poised to strengthen its economic ties further. With a commitment to increasing bilateral trade by 10% annually, both nations are working towards reaching a trade volume of over $31 billion, solidifying their strategic economic partnership.”

Several key advantages bolster Da Nang’s investment appeal:

  • Strategic Connectivity: With direct air links to over 15 countries, a modern international airport, and the upcoming Lien Chieu Port—Vietnam’s future global transshipment hub—Da Nang offers seamless access to regional and international markets.
  • Thriving Innovation & high Technology Hub: The city is a leader in high-tech manufacturing, artificial intelligence, blockchain, and semiconductor industries, boasting one of Vietnam’s three national high-tech parks.
  • A World-Class Destination for Investment & Living: Recognized by Forbes as one of the world’s top beach destinations, Da Nang combines a high-quality urban environment with investor-friendly policies, making it an attractive choice for both businesses and residents.

Da Nang International Financial Center (DNIFC): A Regional Financial Hub in the Making

Following Politburo approval in November 2024, Da Nang is advancing plans to establish Vietnam’s first regional financial center, positioning itself as a key player in the global financial landscape. DNIFC will serve as a strategic hub for:

  • International Trade & Green Finance – Facilitating cross-border investment, sustainable finance, and capital markets to support Vietnam’s commitment to responsible economic growth.
  • FinTech & Digital Economy – Providing a regulatory sandbox for blockchain innovations, AI-driven financial services, and digital payments, fostering a dynamic financial technology ecosystem.
  • Commodity Trading Hub – Establishing a structured exchange for agriculture, minerals, and metals, seamlessly integrating with Da Nang’s expanding logistics network.

Strategically located on a 6.17-hectare prime site, DNIFC will feature luxury office spaces, fintech hubs, and investment support services, with future expansion planned across 62 hectares. This initiative aims to position Da Nang as a premier financial gateway, attracting global investors and reinforcing its role in Vietnam’s rapidly evolving financial sector.

Mr. Andy Khoo, General Director of Terne Holdings, stated, “Da Nang’s strategic location near key trade routes of the Regional Comprehensive Economic Partnership (RCEP) and the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP), along with its proximity to Tien Sa and Lien Chieu ports, positions it as a natural hub for trade finance. SMEs in ASEAN, one of the most underserved markets, face an annual unmet trade finance demand of $200 billion. DNIFC can bridge this gap by introducing innovative trade finance solutions and enabling seamless cross-border capital movement. Today’s event marks a significant opportunity for Da Nang to capitalise on this potential.”

Da Nang Free Trade Zone (DNFTZ): A Game-Changer for Vietnam’s Trade & Logistics

As Vietnam’s first pilot Free Trade Zone, DNFTZ is set to accelerate high-value exports, smart logistics, and next-generation manufacturing. The development will feature:

  • Advanced Manufacturing & Supply Chain Hubs: Focused on semiconductors, biotech, medical devices, and renewable energy, positioning Da Nang as a key player in high-value industries.
  • Multimodal Logistics & Global Trade: Seamless integration with Lien Chieu Port and Da Nang Airport, enhancing Vietnam’s regional trade links and strengthening supply chain efficiency.
  • Digital Economy & Smart Industries: A specialised ecosystem for AI, cloud computing, e-commerce, and blockchain technologies, driving innovation and economic transformation.

With strong government backing and investor-friendly policies, DNIFC and DNFTZ will cement Da Nang’s status as a strategic investment gateway, reinforcing its role in the Asia-Pacific economy and solidifying its position as a financial and technological powerhouse in the region.

Strengthening Vietnam-Singapore Financial Collaboration

The forum also highlighted the growing financial and economic ties between Vietnam and Singapore, reinforced by the recent in-principal agreement to establish a Comprehensive Strategic Partnership. With Singapore serving as a key financial gateway for ASEAN, investors and financial institutions are well-positioned to explore new opportunities in Vietnam’s banking, fintech, and green finance sectors.

“Vietnam and Singapore share a strong and dynamic financial partnership, built on mutual trust and a shared vision for sustainable economic growth. As Singapore continues to serve as a key financial gateway for ASEAN, enhanced collaboration in banking, fintech, and green finance will unlock new investment opportunities and drive innovation across our financial sectors,” H.E. Tran Phuoc Anh further adds. “By deepening our cooperation, we can accelerate Vietnam’s financial integration into global markets, strengthen regulatory frameworks, and create a resilient, future-ready financial ecosystem that benefits businesses and investors in both nations.”

The event successfully reinforced Da Nang’s position as a rising financial center and showcased Vietnam’s readiness to collaborate with global investors in shaping the next phase of ASEAN’s financial evolution. With strong government support and a clear vision for financial sector development, Da Nang is poised to become a strategic investment destination in Asia.Hashtag: #DaNangInvestmentForum

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

About The Da Nang City

Da Nang, the largest city in Central Vietnam, is one of six centrally governed cities. Da Nang is emerging as a new growth pole in the Central area, serving as the core urban area in the dynamic urban chain of the North Central and Central Coastal regions with a population of 1.3 million people (2024) covering an area of 1,285 km2.

Nestled at the crossroads of major economies in the ASEAN region, Da Nang holds a strategically vital position in the economic, political, and national defense landscape of both the Central region and Vietnam as a whole.

Media OutReach

New Battery-Operated Bluetooth® Controller Enables Truly Mobile, Plug-and-Play Access

Published

on

HONG KONG SAR – Media OutReach Newswire – 30 July 2026 – Power limitations, tight spaces, and complex security setups have traditionally made Bluetooth® access hardware difficult to implement—especially in mobile, retrofit, or remote environments. Southco’s new Battery-Operated Single Output Bluetooth® Controller eliminates these barriers with a fully self-contained, plug-and-play solution that delivers long battery life, simplified installation, and secure mobile access.

Battery Operated Bluetooth Controller

Powerful Performance from Just Four AA Batteries

Powered by only four AA batteries, the controller delivers over two years of operation when driving a 12VDC latch, dramatically reducing maintenance compared to typical battery-powered systems. Its high-efficiency internal buck/boost technology ensures optimal power delivery while using fewer batteries than conventional approaches.

Redundant Power for Critical Access

When batteries eventually require replacement, Southco has designed built-in redundancy to avoid downtime. A power override port—compatible today with a 9V battery and adaptable for future power inputs—provides temporary power so users can unlock the enclosure, replace batteries, and restore full operation quickly.

Smart Monitoring Through the Keypanion® App

Battery health is continuously monitored through Southco’s Keypanion® App, which alerts users well before battery replacement is needed, reducing the likelihood of emergency access situations.

For Original Equipment Manufacturers building their own mobile apps, Southco also offers a Software Development Kit (SDK), enabling seamless integration between the controller and customers’ existing digital ecosystems.

Designed for Real-World Enclosures

A removable battery pod allows fast, frustration-free battery changes—especially valuable in tight, hard-to-reach installations. Users can slide out the cartridge, load all batteries at once, and reinsert it without navigating cramped enclosure spaces.

The controller also features true plug-and-play installation. Simply insert the four AA batteries, plug in the latch, and the system is ready to operate—no wire splicing, no external power, and no additional electronics required.

Mobile Access Without Security Infrastructure

With the Keypanion® App, users can activate, manage, and share access directly from a mobile device. There is no server setup, no IT overhead, and no wiring required. Permissions can be granted or revoked instantly, replacing physical keys with secure digital control.

New Possibilities for Remote and Unpowered Applications

This combination of self-contained power, Bluetooth® connectivity, and mobile access expands what designers can do in environments once considered too challenging for electronic access. Ideal applications include:

  • Remote and public installations without external power
  • Retrofit upgrades for existing unpowered enclosures
  • Critical infrastructure such as fiber optic boxes requiring secure, monitored access

By eliminating the need for solar panels, power drops, or complex security systems, Southco’s Battery-Operated Bluetooth® Controller reduces material costs and gives OEMs far greater design freedom.

A Flexible, Future-Ready Solution

Beyond immediate use cases, the power override port helps engineers address mechanical override considerations by providing a reliable method to restore power and gain entry when traditional power sources fail—a major benefit noted by early customer feedback.

The Battery-Operated Single Output Bluetooth® Controller provides a strong foundation for the next generation of remote access solutions, delivering convenience, efficiency, and security in one streamlined device.

For more information, please visit www.southco.com or email Southco’s 24/7 customer service team at in**@*****co.com.

Hashtag: #Southco

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

About Southco

Southco, Inc. is the leading global designer and manufacturer of engineered access solutions. From quality and performance to aesthetics and ergonomics, we understand that first impressions are lasting impressions in product design. For over 80 years, Southco has helped the world’s most recognized brands create value for their customers with innovative access solutions designed to enhance the touch points of their products in transportation and industrial applications, medical equipment, data centers and more. With unrivalled engineering resources, innovative products and a dedicated global team, Southco delivers the broadest portfolio of premium access solutions available to equipment designers throughout the world.

Southco Asia Limited
2401, Tower 2, Ever Gain Plaza
88 Container Port Road, Kwai Chung
Hong Kong

Continue Reading

Media OutReach

OTIC Hearing Unveils New Audiological Milestones In Hong Kong: Launching The Award-Winning Oticon Zeal And The Pediatric Oticon Play SI Platforms

Published

on

HONG KONG SAR – Media OutReach Newswire – 30 July 2026 – OTIC Hearing, the leading hearing care clinical network and sole distributor of Oticon A/S in Hong Kong, has announced the launch of two breakthrough hearing solutions: Oticon Zeal™ and Oticon Play SI™.

Developed to mimic natural brain sound processing, these platforms represent a major leap forward in treating hearing loss across all ages. Together, the Oticon Zeal and Oticon Play SI lines bring the next evolution of BrainHearing™ technology to Hong Kong. Headlining this release is the custom-molded Oticon Zeal, which recently won the 2026 Red Dot Design Award—one of the world’s most prestigious international seals of design quality and innovation. By introducing these dual systems, OTIC Hearing effortlessly bridges the gap between invisible aesthetics for image-conscious adults and robust learning support for developing children.

Oticon Zeal: Setting a New Standard for Invisible Hearing Technology

For many adults experiencing mild-to-moderate hearing impairment, the social stigma of traditional behind-the-ear devices remains a major deterrent to seeking intervention. Oticon Zeal rewrites this narrative with its NXT In-the-Ear (ITE) style.

Individually sculpted to fit deeply within the user’s ear canal, Oticon Zeal achieves absolute invisibility when viewed from a frontal profile, presenting an ultra-compact faceplate only when observed directly from the side. This is achieved via advanced 3D modeling and laser-sculpting technology, which integrates complex components into an exceptionally small shell without compromising on features.

Overcoming a historic limitation of invisible hearing aids, the frequent changing of tiny disposable batteries; Oticon Zeal introduces an integrated lithium-ion rechargeable power cell. The system delivers up to 20 hours of continuous battery life on a single charge. Every device pairs with a desktop SmartCharger that functions as a mobile power bank. For urgent situations, a fast-charging protocol provides four hours of operational power from a brief 15-minute charge.

Deep Neural Network 2.0 Processing

At the core of Oticon Zeal’s processing is an on-chip, second-generation AI engine. Driven by an updated Deep Neural Network (DNN) 2.0 and a SuddenSound Stabilizer, the processor scans and balances the surrounding soundscape hundreds of times per second.

Standard digital hearing systems often rely on narrow, directional microphones that isolate a single speaker while dampening peripheral noise. This artificial restriction deprives the brain of essential contextual audio, creating cognitive strain and mental fatigue.

In contrast, Oticon Zeal’s AI preserves a natural, 360-degree open soundscape. By suppressing sudden background noises by up to 12 decibels while actively enhancing speech clarity by up to 6 decibels, the platform allows the brain to naturally choose which sound source to focus on, even within high-volume environments like corporate meetings or crowded restaurants.

Oticon Play SI: Purpose-Built Pediatric Care for Growing Minds

Alongside the adult-focused Oticon Zeal, OTIC Hearing is introducing Oticon Play SI to deliver specialized auditory care tailored directly to the unique developmental requirements of growing children. The Oticon Play SI family is optimized to deliver a rich, high-fidelity sound stream essential for language acquisition, academic success, and social confidence.

Children live dynamic lives, moving rapidly from quiet homes to noisy classrooms and playgrounds. Oticon Play SI addresses this volatility by becoming the industry’s first pediatric family to combine a second-generation AI processing core with integrated 4D user-intent sensors.

These sensors track physical head movements, body activity levels, and localized acoustic shifts. The system automatically adjusts its processing parameters in real time, ensuring the child remains clearly connected to teacher instructions, parental guidance, and peer interactions.

To withstand childhood adventures, Oticon Play SI features an IP68-certified robust housing, offering maximum protection against dust, moisture, and debris. This fully sealed architecture safeguards delicate internal circuitry from sweat, rain, and accidental spills. Available in versatile miniRITE R and miniBTE R styles, the lineup offers a broad array of 12 expressive color choices, seven colored ear-hook options, and custom decorative stickers, empowering children to wear their devices with personal pride.

Advanced Digital Connectivity

To seamlessly interface with today’s digital environment, both Oticon Zeal and Oticon Play SI feature state-of-the-art streaming protocols. Utilizing advanced Bluetooth® LE Audio technology, both product families deliver low-energy direct audio streaming from smartphones, tablets, laptops, and smart televisions, keeping users connected without draining device batteries.

Hashtag: #OTIC

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

About OTIC Hearing

Established in 2005, OTIC Hearing (Otic Hearing & Speech Centre) is one of the largest, most trusted hearing care clinical groups in Hong Kong. Guided by a corporate philosophy of “People First”, OTIC Hearing manages a comprehensive network of eight specialized service centers strategically distributed across Hong Kong Island, Kowloon, and the New Territories. Clinics are located in Central, Causeway Bay, Jordan, Tsim Sha Tsui, Kwun Tong, Shatin, Tsuen Wan, and Yuen Long.

As the exclusive distributor of Oticon A/S in Hong Kong, OTIC Hearing pairs world-leading technology with an elite team of clinical audiologists and technical hearing specialists. Every facility is fully outfitted with advanced diagnostic and testing instrumentation, allowing the clinical team to deliver precise hearing assessments, custom-fitting protocols, and specialized pediatric auditory rehabilitation. OTIC Hearing maintains a strict commitment to ongoing professional training, ensuring that every client receives a supportive, accurate rehabilitation journey designed to restore lifestyle confidence.

Continue Reading

Media OutReach

Pacific Century Premium Developments Limited announces interim results for six months ended June 30, 2026

Published

on

HONG KONG SAR – Media OutReach Newswire – 29 July 2026

2026 Interim Results – Financial Highlights

(Figures for the corresponding period in 2025 are shown in brackets)

  • Consolidated revenue: HK$593 million (HK$ 636 million)
  • Consolidated net loss attributable to equity holders of the Company: HK$189 million (HK$ 249 million)
  • Basic loss per share: 9.28 HK cents (12.23 HK cents)
  • No interim dividend (No interim dividend)

Pacific Century Premium Developments Limited (“PCPD”, SEHK: 00432) announced its interim results for the six months ended June 30, 2026.

The consolidated revenue of PCPD and its subsidiaries (together, the “Group”) amounted to HK$ 593 million, compared to HK$ 636 million for the corresponding period of 2025.

The Group’s consolidated loss attributable to equity holders of the Company for the first six months of 2026 totalled HK$ 189 million, compared to a net loss of HK$249 million for the corresponding period last year. Basic loss per share for the six months ended June 30, 2026 was 9.28 Hong Kong cents, compared to a loss per share of 12.23 Hong Kong cents for the corresponding period of 2025.

The Board of Directors did not declare an interim dividend for the first half of 2026.

For the first half of 2026, the Group delivered encouraging results as we built on our core strengths and benefited from resilient demand across the markets in which we operate. During the period, we also took steps to enhance our portfolio, including the disposals of two investment assets. These initiatives are expected to strengthen the Group’s financial position and reinforce its long-term growth.

Our operations in Japan performed well despite some moderation in tourism demand, shaped by changes in the composition of international visitors and fluctuations in travel demand. Park Hyatt Niseko, Hanazono, our hospitality business in Niseko, Hokkaido, delivered a stable performance with healthy occupancy and room rates, while our ski operations remained a key contributor to the Group’s results. Earnings from our recreational facilities, ski lifts, equipment rentals, “Hanazono EDGE” (a restaurant and entertainment centre) and Niseko International Snowsports Schoolcontinued togrow year-on-year. We will stay focused on establishing Niseko Hanazono Resort as a world-class, all-season luxury destination and remain optimistic about its long-term development.

On March 16, 2026, the Group announced the sale of its entire interest in Pacific Century Place, Jakarta (“PCP Jakarta”) in Indonesia. The transaction, at a total consideration of US$400 million, was completed on June 8, 2026. Notwithstanding the disposal, the Group will continue to provide property management services in respect of PCP Jakarta.

On February 13, 2026, the Group announced the sale of its entire interest in Midtown Niseko. The transaction, at a total consideration of US$80 million, was completed on May 31, 2026.

The Group formed a strategic alliance with Hotel Properties Limited in Singapore to bring a Four Seasons Resort and Branded Residences to Aquella, a large-scale integrated resort development in Phang Nga. The move represents a significant milestone in PCPDs long-term vision of transforming Aquella into an integrated resort destination that effortlessly blends luxury living, recreation and exceptional service.

Central Residence by the Park in Hong Kong was launched for sale in January 2026. As at the end of June, 90.9% of the total available units of the luxury residential project had already been sold. The project will be completed in the latter half of 2026.

Mr. Benjamin Lam, PCPD’s Deputy Chairman and Group Managing Director, said: “The first half of 2026 presented a challenging global environment, characterised by geopolitical tensions including the conflict in the Middle East, inflation, trade uncertainties and concerns over monetary policies. Despite the headwinds, global growth was relatively resilient, while international tourism in many parts of Asia continued to perform steadily. The Group’s core markets in Asia generally remained solid during the period. Tourism demand continued to support Japan and Thailand despite a slightly more measured pace of growth. Improving sentiment in Hong Kong’s property market also provided a more favourable backdrop for our luxury residential development.

In the second half of the year, we will continue to enhance the value of our existing assets while positioning the Group to capitalise on opportunities that support our long-term strategy and create value for our stakeholders.”

Hashtag: #PacificCenturyPremiumDevelopments

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

About PCPD

Pacific Century Premium Developments Limited (“PCPD” or the “Group”, SEHK: 00432) is principally engaged in the development and management of premium-grade property and infrastructure projects as well as premium-grade property investments. PCCW Limited (“PCCW”, SEHK: 00008) is the single largest shareholder of the Group.

Continue Reading