Media OutReach
CTF Life’s Carbon Reduction Targets Validated by SBTi Reinforcing the Company’s Commitment to Climate Action
In October last year, CTF Life demonstrated leadership in advancing sustainability through science-based targets aligned with the Paris Agreement and became the first company from the Banks, Diverse Financials and Insurance sector that primarily operates in the Greater Bay Area to submit a carbon reduction commitment letter to the SBTi, a corporate climate action organisation that enables businesses worldwide to play their part in combating the climate crisis.
CTF Life targets to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 37.8% by financial year (FY) 2029 (from the FY2023 base year).
Additionally, within its Scope 3 emissions, CTF Life commits the following which covers 65% of its total investment and lending by assets:
- To reduce the GHG emissions per MWh from the electricity generation sector within its listed equity and corporate bond portfolio by 59% by FY2029 (from the FY2023 base year), and
- To have at least 44.8% of the invested value in its listed equity and corporate bond portfolio allocated to companies that set SBTi-validated targets by FY2029.
Man Kit Ip, Executive Director and Chief Executive Officer of CTF Life, said: “At CTF Life, we recognise that climate action is both a critical responsibility and a powerful opportunity to inspire and drive meaningful change. CTF Life has been collaborating closely with CTFS to align our overall Net Zero 2050 ambition; the validation of our targets underscores our unwavering commitment to reducing emissions across our operations and investment portfolio. This milestone reaffirms our dedication to building a sustainable future while creating value beyond insurance for our stakeholders.”
CTF Life will implement the following strategy and actions to achieve its targets:
Decarbonisation levers for Scope 1 and 2 operational emissions:
- Electric vehicles (EV) transition: Replace leased/owned fleet with EVs.
- Energy efficiency: Explore opportunities to improve energy efficiency in the office buildings.
- Purchase of renewable energy certificates: With priority focuses on exploring EV transition and energy efficiency, CTF Life may also explore the sourcing and purchase of renewable energy or renewable energy certificates (REC) from local energy suppliers, or International Renewable Energy Certificate (I-RECs) from Asia or other oversea markets to reduce the residual Scope 2 operational emissions, if no options are available within the same market.
Levers for Scope 3 category 15 emissions:
- Active ownership and engagement strategy: Implement engagement strategy with a phased approach to facilitate real world reductions.
- Climate financing: Explore ESG-related products and climate financing opportunities.
- Strategy and governance: Establish robust governance structure to drive climate actions.
- Policy and advocacy: Explore opportunities for collaboration and partnership to scale impacts.
CTF Life selected these actions because the above-mentioned decarbonisation levers are expected to have the most direct impacts on the company’s climate transition journey.
As of June 2024, the company had already reduced its investment portfolio carbon footprint by more than 15% compared to baseline figures from June 2023. Additionally, CTF Life has invested over HKD3.5 billion in ESG-labelled bonds and decarbonisation impact funds, primarily focused on Asia, to support the region’s transition to a greener economy.
Hashtag: #CTFLife
The issuer is solely responsible for the content of this announcement.
About CTF Life
Chow Tai Fook Life Insurance Company Limited (“CTF Life”) is proud of its rich, 40-year legacy in Hong Kong. CTF Life is a wholly-owned subsidiary of CTF Services Limited (“CTFS”) (Hong Kong Stock Code: 659) and one of the most well-established life insurance companies in Hong Kong. As a member of Chow Tai Fook Enterprises Limited, CTF Life consistently strengthens its collaboration with the diverse conglomerate of the Cheng family (“Chow Tai Fook Group” or “the Group”) to support customers and their loved ones in navigating life’s journey with personalised planning solutions, lifelong protection and diverse lifestyle experiences. By leveraging the Group’s robust financial strength and strategic investments across the globe, CTF Life aspires to become a leading insurance company in Asia while continuously creating value beyond insurance.
Media OutReach
Trend Micro Delivers AI-Powered Threat Detection with AWS Infrastructure Support and NVIDIA Integration

Proactive security with AI-powered model built for modern enterprise workloads
HONG KONG SAR – Media OutReach Newswire – 7 May 2025 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced new AI-powered threat detection capabilities designed specifically for enterprises embracing AI at scale. This effort brings together Trend’s deep security expertise with NVIDIA accelerated computing and NVIDIA AI Enterprise software, leveraging AWS infrastructure to support scalable, enterprise-ready deployment.
The solution is built to help organizations secure AI-driven workloads and business processes without compromising performance or flexibility. As enterprises scale their AI ambitions from generative AI (GenAI) to agentic AI, new attack surfaces emerge, including threats of data theft, sabotage, and disruption.
To head off the threat of data theft, sabotage, and disruption, Trend is launching a new AI Detection Model leveraging the NVIDIA Morpheus AI framework, part of NVIDIA AI Enterprise, deployed on scalable, high-performance AWS cloud infrastructure.
Trend selected AWS for its global availability, integrated security, and compliance-ready architecture, while NVIDIA provides advanced AI frameworks and the computing power needed to run detection models with unmatched speed and precision. This tightly integrated architecture enables real-time analysis of vast data streams for faster, more precise threat detection.
Chris Grusz, Managing Director, Technology Partnerships for AWS: “Built on AWS’s cloud-native infrastructure, Trend’s platform takes full advantage of NVIDIA AI software and accelerated computing capabilities to power scalable, low-latency threat detection. With AWS’s global footprint and integrated services, Trend can securely process telemetry at scale, adapt detection models to evolving threats, and support customers worldwide—all while accelerating time to value.”
Beyond this integration, other elements of the Trend Vision One™ platform also leverage AWS AI services such as Amazon Bedrock, supporting Workbench Insights to improve investigation workflows and provide deeper context for SOC teams during incident response.
Kevin Simzer, COO at Trend Micro: “AI is reshaping the enterprise, and security has to evolve just as fast. We’re bringing together best-in-class partners in both cloud and AI to deliver something truly differentiated. AWS’s secure and resilient infrastructure gives us the scale, performance, and global availability needed to meet the always-on demands of today’s enterprises. So our customers can detect and respond to threats faster, with confidence.”
To meet these challenges, Trend’s new anomaly detection capability applies AI models built on NVIDIA Morpheus to identify never-before-seen patterns in telemetry and logs. Powered by AWS, the solution rapidly scales across massive data sets, enabling Trend Vision OneTM to build customer-specific detection models that prioritize the most critical events for faster response by security teams.
Strategic technology highlights include:
- NVIDIA Morpheus Digital Fingerprinting: Identifies subtle anomalies to enable proactive detection of unknown threats.
- NVIDIA RAPIDS: Accelerate large-scale data classification, enabling real-time detection and prevention of sensitive information leakage.
- AWS Cloud-Native Architecture: Trend Vision One platform runs natively on AWS, benefiting from the elasticity, global availability, and built-in security of AWS services. This foundation allows for continuous innovation in AI-powered detection while meeting enterprise performance and compliance requirements.
Robert Miller, VP of Corporate Security at Sierra-Cedar: “We’re dealing with an increasingly complex environment with more data. Trend stands out as it doesn’t just provide threat intelligence, it helps make sense of it. Our team can access Trend’s AI-powered platform directly via AWS Marketplace, streamlining procurement and deployment across global cloud environments. This powerful combination allows us to strengthen our security posture and identify threats much faster than we could manually.”
To learn more about Trend Micro’s AI security strategy, please visit: https://documents.trendmicro.com/assets/white_papers/wp-security-for-ai-blueprint-for-your-datacenter-and-cloud.pdf
https://www.trendmicro.com
www.TrendMicro.com
Media OutReach
TDCX retains rank as the top Southeast Asian outsourced CX provider

Among top 17 globally in OA500 Index that evaluates BPO firms worldwide
SINGAPORE – Media OutReach Newswire – 7 May 2025 – TDCX, a leading global business process outsourcing (BPO) company for technology and blue-chip companies, has retained its rank as the top Southeast Asian BPO in the Outsource Accelerator (OA) 500 2025 Index. The company also moved up in global rankings to 17th this year.
Ms. Angie Tay, Group Chief Operating Officer, TDCX, said, “In a world increasingly defined by volatility and uncertainty, customer experience is one of the most powerful trust builders for brands. When done well, it strengthens relationships, drives loyalty, and enhances customer lifetime value—making it a key lever for growth.
“At TDCX, we invest continually in the capabilities and talent needed to help our clients deliver exceptional CX at scale. Our acquisition of Open Access BPO and expansion of AI-driven solutions reflect this commitment. Outsource Accelerator’s recognition of TDCX being among the top firms globally for outsourced CX is a testament to our commitment to providing excellent CX services and a tribute to our 20,000-strong team who are delivering world-class support every day. We thank Outsource Accelerator for this honor.”
Mr. Derek Gallimore, Founder and CEO of Outsource Accelerator, said, “What sets TDCX apart from other BPOs is its remarkable ability to blend technological innovation with human expertise, delivering superior results for their clients. TDCX exemplifies the gold standard in outsourcing that modern enterprises increasingly depend on in today’s digital-first business environment.”
TDCX AI recently rolled out an AI enablement program for a batch of customer experience agents to learn about machine learning fundamentals, natural language processing, and AI ethics. In the course of the lessons hosted by Google Cloud Skills Boost, agents who completed the program were granted a professional certification, establishing TDCX professionals as qualified AI practitioners in the industry. This initiative aligns with TDCX’s broader goal of cultivating a future-ready workforce skilled in leveraging AI tools for enhanced efficiency and extracting actionable insights from business intelligence data.
The index evaluates more than 3,200 BPO companies worldwide based on their global network strength and commitment to excellence. Assessment factors include geographic footprint alongside qualitative metrics such as online prominence and reputation – measured through employee reviews, LinkedIn engagement, and comprehensive third-party analysis from Crunchbase, Glassdoor and Zoom Info.
Hashtag: #TDCX
https://www.tdcx.com
https://sg.linkedin.com/company/tdcxgroup
The issuer is solely responsible for the content of this announcement.
About TDCX
Singapore-headquartered TDCX is a leading global business process outsourcing (BPO) company that provides customer experience (CX) solutions, sales and digital marketing services, and content moderation for clients across various industries. These include digital advertising and social media, e-commerce, fintech, gaming, healthtech, media, technology and, travel and hospitality.
With a focus on helping companies enable the future, TDCX’s smart, scalable approach—driven by innovation and operational precision—positions it as a key partner for companies targeting tangible outcomes. With more than 20,000 employees across 39 locations worldwide, TDCX provides its clients with comprehensive coverage in Asia, Europe and the United States. For more information, please visit www.tdcx.com.
Media OutReach
BNM’s Policy Rate Call Looms: Octa Broker Highlights Inflation, Exchange Rate and Trade Challenges

On Thursday, 8 May, Bank Negara Malaysia (BNM), the nation’s central bank, will reveal its policy rate decision. Like most other central banks around the world, BNM strives to maintain a balance between low inflation and sustainable economic growth. Its key monetary policy instrument is the Overnight Policy Rate (OPR). By adjusting the OPR, BNM influences interest rates throughout the Malaysian economy, impacting borrowing costs for businesses and consumers and ultimately influencing economic activity and inflation.

BNM has kept its OPR stable since May 2023, when it surprisingly raised it to 3.00% in response to persistently high inflation amid solid household spending and tight labour market conditions. Since then, the economy has not really slowed much, so BNM has kept its base rate unchanged for almost two years now. This stance distinguishes it from its regional counterparts – Bank Indonesia, the Bank of Thailand, the Philippine central bank, and the Bank of Korea – all of which have lowered interest rates to stimulate economic growth.
In fact, the latest official figures showed that Malaysia’s economy showed surprising strength in Q4 2024. Gross domestic product (GDP) outperformed both official estimates and market expectations, growing by 5% year-on-year in Q4 2024. According to BNM, the GDP growth was driven by robust domestic demand, strong investment, and recovering exports. Meanwhile, national inflation has continued to decelerate, with Consumer Price Index (CPI) hitting a three-year low of just 1.4% in March 2025. Indeed, even with reduced government subsidies for diesel, electricity, and chicken, overall inflation has been successfully managed, potentially allowing the BNM to cut its base rate later this year. However, an overwhelming majority of economists polled by Reuters see no policy change this year, suggesting the central bank will wait and see how external and domestic factors unfold.
“The Malaysian economy is doing rather well, but major risks lie ahead, particularly stemming from its high degree of openness. With global trade tensions rising, Malaysia interconnectedness and integration into the global supply chain could exert a negative impact on GDP”, says Kar Yong Ang, a financial market analyst at Octa Broker. Indeed, according to the latest report from the Ministry of Investment, Trade and Industry (MITI), Malaysia recorded a trade surplus of 24.72 billion ringgit in March, well above the poll forecast of a 13.8 billion ringgit surplus. Most importantly, Malaysia’s exports to the United States rose to a record high of 22.66 billion ringgit ($5.14 billion) in March, a 50.8% increase from a year earlier, buoyed by strong demand for electrical and electronics products. However, with the United States introducing import duties on Malaysia as well as on Malaysia’s key trading partners – particularly, China – the strong pace of exports may not last. BNM has recognized this risk in its latest statement: “The growth outlook is subject to downside risks from an economic slowdown in major trading partners amid heightened risk of trade and investment restrictions, and lower-than-expected commodity production”.
Although the market largely expects the BNM to keep its base rate unchanged for the 11th consecutive time on Thursday, Octa Broker analysts argue that the chances of a rate cut have increased particularly because the U.S. Federal Reserve (Fed) may also be willing to cut the rates soon. “With inflation subdued, USDMYR trading at a seven-month low, and rising expectations for a dovish Fed, I think BNM is seriously thinking about when it may need to cut the rates”, says Kar Yong Ang. Indeed, after last week’s U.S. GDP data came below expectation, the risk of recession in the U.S. has increased and the market is now pricing in a 47% of 50 basis points (bps) worth of rate cuts by the Fed by the end of Q3 2025. The dovish Fed may put an additional bearish pressure on USDMYR, highly improving the probability of an eventual BNM rate cut.
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Hashtag: #Octa
The issuer is solely responsible for the content of this announcement.
Octa
Octa is an international CFD broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.
The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.
In Southeast Asia, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.
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