Media OutReach
Happitat redefines a new paradigm to become a new destination of happiness, bringing people, nature, and imagination together in one place — the first prototype of Destination Creation on Bangna-Trad Road.
- Happitat is strategically located in the heart of Bangna’s new economic center, offering both joy and opportunity. Spanning over 200,000 sq.m., it harmoniously blends nature, technology, and unique experiences, and is gearing up for its grand celebration in April 2026.
- Reinforcing its strength as Bangna’s new economic hub, the project has received strong interest from partners and aims for an 85% retail occupancy rate in its first year of operation.
- Introducing “The Magical Destination of Happiness,” a one-of-a-kind concept never seen before. The project showcases a multi-layered happiness experience and invests in a Phygital Experience to deliver seamless engagement across both the physical and digital worlds.
- For the first time in Thailand, a Happiness Index will be implemented using AI Camera technology to measure customer happiness and satisfaction.
BANGKOK, THAILAND – Media OutReach Newswire – 1 October 2025 – Happitat, the magical destination of happiness and the new landmark of Bangna, is a project under Axtra Happitat Co., Ltd. Built on the pioneering concept of the “New Destination Paradigm”, Happitat seamlessly integrates people, nature, and imagination into a singular space of learning, leisure, creativity, and celebration. Envisioned as a hub for family activities and premium office spaces, Happitat will be Thailand’s first true destination of its kind—set to attract both domestic and international visitors, drive economic growth in business, lifestyle, and real estate, and strategically connect to the country’s major economic centers.
Mr. Sompong Rungnirattisai, Group Chief Retail Business Officer and Group Chief Mall & Property Office CP Axtra Public Company Limited said, “Today, Bangna is emerging as one of Bangkok’s most promising districts, home to over 1.19 million residents and supported by comprehensive infrastructure—expressways, skytrain, and industrial zones. This makes Bangna not only a residential center but also an essential economic hub. Happitat stems from our vision to create a true Destination of Happiness for Thailand. As the pioneer of The Magical Destination of Happiness, it will become a new hub for families and communities in Bangna, a district of immense potential and a gateway to the Eastern Economic Corridor. We believe that a great destination not only attracts people, but also connects the economy, society, culture, and quality of life—just like world-class urban developments. We are confident that Thailand, especially Bangkok and the Bangna district, is moving along the same path.”
“With our long-standing experience in the retail business, we aim to go further—not merely selling products but creating a new S-curve for the retail industry. Through the Happitat project, our goal is to bring a new dimension of happiness to the community, positioning it as a Smart & Happy Community Center and shaping it into a Destination of the Future—one that fulfills people’s lives through happiness, relationships, and connection with nature, ultimately fostering lasting well-being. In addition, we will leverage our expertise as the country’s leading hypermarket operator to curate only the finest products for consumers, while preparing to launch a new concept marketplace that brings together high-quality goods carefully sourced from leading producers both in Thailand and abroad.
Happitat is also driven by a team of experts in Destination Creation and Experiential Marketing, dedicated to designing and delivering unique and distinctive experiences. We are confident that Happitat will become a powerful economic engine for the Bangna district, reinforcing its growth as a major hub.” Mr. Sompong Added
Mr. Visit Udomkitchote, Executive Vice President of Happitat, said, “The highlight of Happitat is its Destination of Happiness, comprising 3 buildings with distinct concepts that are harmoniously interconnected. Inspired by nature, the architecture and interior design bring this vision to life, offering visitors experiences that are both close to nature and enriched with imagination. For the architectural and building design, We have engaged Foster + Partners, one of the world’s leading design firms, in collaboration with F&P (Thailand) Co., Ltd., to serve as design, master planning, and architectural consultants for the project. Their expertise ensures that our buildings embody cutting-edge standards while aligning with principles of sustainability. On the interior, visitors will experience spaces inspired by the beauty of nature, with each floor offering a unique design. This vision has been masterfully crafted in collaboration with BUG Studio, creating a truly seamless blend of creativity and wonder.
Another defining feature of Happitat is its Journey & Experience Design, developed together with Mr. Bill Coan, the visionary behind world-renowned theme park planning. As Happitat’s Journey Designer, he ensures that every part of Happitat truly delivers happiness to everyone. From the moment visitors arrive, they will encounter an atmosphere and vibe unlike anywhere else. At opening, we target 85% rental occupancy rate in its first year of operation, with the official launch scheduled for April 2026. With its prime location and unique offerings, Happitat expects to welcome no fewer than 19 million visitors annually comprising 60% families, 30% working professionals, and 10% active young-old (YOLD).” Mr. Visit added.
Happitat is a landmark project under Axtra Happitat Co., Ltd., covering more than 200,000 sq.m., the development features 3 iconic buildings.
1. Bloominas – A premium community of lifestyle, destination of happiness, featuring unique retail and dining concepts, along with a new marketplace of quality products carefully sourced from leading producers in Thailand and abroad.
- Fashion & Lifestyle / Dining & Cafe: From Pocket Gardens to Rooftop Restaurants.
- Health & Wellness: Introducing Wellbe Fitness, an international fitness and wellness brand debuting in Thailand, with an all-new holistic wellness concept designed for the entire family.
- Grand Stairs Digital Screen: A world-class immersive digital landmark showcasing global content on a spectacular scale.
2. Wonderwild – Places for Families, envisioned as a “ultimate destination for family activities”, combining educational play spaces for children, creative workshops, premium office space, and a vibrant Lotus’s Eatery. Key highlights include:
- Whimsical Market: A fantasy landmark of happiness, highlighted by a three-story-tall tree, illuminated with light, color, and sound, and adorned with moving sculptures that feel alive, evoking the wonder of a theme park.
- Daily Delicious: A Michelin-level food hall featuring curated restaurants that cater to all generations.
- Family Play Time: A sky-high playground and creative activity space for joyful family moments.
- Edutainment Zone: The largest and most advanced edutainment center in Bangna, offering workshops, skill-enhancement programs, and interactive learning activities for both children and adults, in classrooms and outdoor natural spaces.
- The Hilltop Offices – The Premium Office with Nature View: A 10-floor office tower (floors 6–15) designed to global standards, balancing workplace well-being with natural surroundings, certified to LEED Gold and WELL Gold standards.
3. Festie Town – Happening Space for All, a center of celebration and entertainment, offering year-round events, live performances, exhibitions, and showcases, ensuring every day feels like a festival of happiness. The semi-outdoor design welcomes natural light and features Duplex and Triplex flagship stores that highlight each brand’s unique identity. Highlights include:
- Lumis Theater Hall: A performance hall with a capacity of up to 400 people, designed for theatrical productions, live shows, events, conferences, seminars, exhibitions, and special celebrations.
- Signature Retail Concepts: Including bookstores, floral shops, cafes, dining venues ranging from quick dine-in options to a Rooftop Urban Farm.
- Lotus’s Prive’ Lifestyle Supermarket alongside a 7-11 convenience store.
- Pet Destination: A comprehensive premium pet hub offering healthcare services, wellness, and lifestyle products for beloved companions.
“Beyond being The Magical Destination of Happiness, where every element is purposefully designed to create experiences for people of all ages, the activities at Happitat are envisioned as ‘Together Activities’—moments that families can truly enjoy side by side. Moreover, the fun and excitement are not limited to the physical layer alone. Happitat integrates a Multi-Layer of Happiness, offering visitors new discoveries across both the real and virtual worlds through phygital gamification, including Augmented Reality, Virtual Reality, and AI Assistance.
Happitat is also the first project in Thailand to adopt happiness as its KPI. Here, happiness is not viewed as an abstract idea, but as something tangible. Using AI Camera technology, we apply a Happiness Index that measures visitors’ smiles as indicators of emotion, satisfaction, and feedback. These insights are then analyzed and transformed into meaningful data to benefit our partners and customers, helping us continuously enhance our services and elevate Happitat into a destination that delivers greater joy and unforgettable experiences. At Happitat, the magic of happiness comes to life every day.” Mr. Visit concluded.
For more information, please visit https://www.happitatthailand.com/th For leasing inquiries from tenants, retailers, or organizations, please contact: co*****@**************nd.com
Hashtag: #Happitat
The issuer is solely responsible for the content of this announcement.
This year’s forum is an important supporting event of the 18th Cross-Strait Forum. During the event, nine Fujian-Taiwan financial integration projects were signed, with a total value of RMB 9.1 billion. The projects cover a wide range of financial services across areas including cross-strait industrial cooperation, water supply security for public welfare, capacity upgrades for long-established Taiwan-funded enterprises, technology and innovation industries, and modern agriculture. These initiatives continue to unlock the benefits of financial policies, promote shared access to financial resources for Taiwan compatriots and Taiwan-funded enterprises, and inject new momentum into industrial integration between Fujian and Taiwan.
At the forum, the Cross-Strait Wealth and Asset Management Cross-Sector Alliance was officially inaugurated. Supported by Jinyuan Group and jointly proposed by its affiliated financial institutions, the alliance was co-founded by Xiamen International Trust, Jinyuan Uni-President Securities, Yuanxin Yongfeng Fund, Fubon Bank (China), Junlong Life Insurance, and Xiamen Chang Gung Hospital, among others. Centered on serving the wealth management and asset management needs of people on both sides of the Taiwan Strait, the alliance aims to build a one-stop service platform covering asset allocation for Taiwan compatriots and Taiwan-funded enterprises on the mainland, family trusts and wealth succession planning, pension finance, and healthcare protection solutions.
The forum also unveiled a series of innovative financial achievements related to Taiwan. The banking industry’s first group standard dedicated to Taiwan-related financial services on the mainland, the “Specification for Taiwan-Related Financial Services of Banking Financial Institutions,” was officially released. At the same time, the “Bailufen” Taiwan Compatriot Financial Service Platform was introduced, further enhancing financial services for Taiwan compatriots living in Fujian and supporting the development of Taiwan-funded enterprises.
Hashtag: #StraitsFinancialForum
The issuer is solely responsible for the content of this announcement.
Media OutReach
Verdant Rock Receives BBB+ Long-Term Insurer Financial Strength Rating with a Stable Outlook from Fitch Ratings
“The infrastructure and capital markets we are targeting have been systematically underserved over the past decade. Verdant Rock enters this space with an investment grade rating, a strong capital position, the regulatory standing, the technical capability, and the long-term commitment that issuers and their advisers have been unable to find elsewhere.”
— Tolga Uzuner, Co-Founder, Chief Executive Officer, Verdant Rock Limited
The Fitch Ratings report can be accessed here:
Fitch Rates Verdant Rock at ‘BBB+’; Outlook Stable
Verdant Rock’s Class 3B registration can be verified via the BMA’s register of regulated entities (search “Verdant Rock”): https://www.bma.bm/regulated-entities
Notes to editors: For the May 2026 licensing announcement, see https://bernews.com/2026/05/walkers-supports-verdant-rock-licensing/
This announcement is (i) for information only; (ii) not an offer or solicitation to buy or sell any security, insurance product, or financial guarantee; and (iii) not for distribution in any jurisdiction where to do so would be unlawful. Forward-looking statements are not guarantees of future results, and Verdant Rock undertakes no obligation to update them. A credit rating is not a recommendation to buy, sell or hold any security and may be subject to revision, suspension or withdrawal at any time by the assigning rating agency.
Hashtag: #VerdantRock
The issuer is solely responsible for the content of this announcement.
ABOUT VERDANT ROCK
Verdant Rock Limited is a Bermuda-based insurance company, regulated by the Bermuda Monetary Authority, providing Basel III and Solvency II compliant financial guarantees in emerging markets, designed to qualify as eligible credit protection under Basel and major insurance solvency regimes, for the benefit of institutions globally.
Online viewers praised the translation quality, with comments including “The quality of this real-time translation is amazing,” “The translation is incredibly fast,” and “The live speech recognition quality is surprisingly good.” Some viewers assumed the subtitles came from NVIDIA’s official translation team.
The achievement demonstrates how Taiwan’s media industry is adapting to AI-driven transformation. TVBS is positioning itself as a leader in integrating proprietary AI development with real-world broadcast applications. The company completed optimization and deployment of the system in just nine days — a process that traditionally requires months of dedicated training, according to Andy Yang, manager of TVBS AI Future Technology Department.
Yang explained that the biggest challenge in real-time translation lies in balancing “content accuracy” with “reading fluency” under extremely tight time constraints. Huang’s speaking style is highly improvisational and frequently switches between English, Mandarin and Taiwanese, while audience applause and cheering often occur simultaneously.
Applying standard off-the-shelf translation software in such an environment would likely result in sentence segmentation errors and unclear semantic interpretation, Yang said. Rather than pursuing “zero-latency” translation at all costs, TVBS designed a subtitle presentation mechanism specifically tailored to the keynote format.
Prior to the event, the TVBS team conducted extensive cross-platform testing on multiple AI translation models, evaluating latency and error rates. By introducing a carefully calibrated broadcast delay, the system gained additional time to process semantic meaning and contextual alignment. This approach enabled smoother subtitles matching natural Chinese reading habits, Yang said.
The team also built a dedicated knowledge base for NVIDIA GTC Taipei, compiling AI industry terminology, product names and technical keywords in advance. This significantly improved translation quality and the accuracy of professional content delivery. TVBS’s real-time translation system can be customized based on different broadcasting scenarios, Yang noted.
Yang emphasized that the key to the rapid nine-day deployment was cross-department collaboration. Engineering teams handled hardware tuning and signal integration, while internal technical and content teams managed ongoing model training and refinement. TVBS established a collaborative workflow integrating both technology and editorial expertise.
Through continuous iteration and adjustment, the team incorporated Taiwanese linguistic nuances and natural Chinese phrasing into the system. This enhanced fluency and readability beyond what generic AI models alone could achieve, ultimately shaping what Yang called a distinct “TVBS AI style.” The approach reflects the company’s “3T” philosophy — Truth, Trust and Technology.
In his keynote at the Taipei Music Center, Huang focused on AI infrastructure, next-generation computing platforms and NVIDIA’s latest technological roadmap. GTC Taipei 2026 attracted significant international attention as AI continues to reshape global industries. Through its own transformation journey, TVBS hopes to help lead Taiwan’s media industry into a new era shaped by AI.
Hashtag: #TVBS
The issuer is solely responsible for the content of this announcement.
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