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MYCentre4IR And World Economic Forum Position ASEAN As Global Voice In The Intelligent Age

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7 months ago

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The Co-Hosted With The World Economic Forum, The Summit Is Set To Launch Regional Initiatives on Sustainable and Safe AI and the Transitioning Industrial Cluster

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 7 October 2025 – The Malaysia Centre for the Fourth Industrial Revolution (MYCentre4IR) together with the World Economic Forum (WEF) will co-host the Powering the Intelligent Age: Driving Innovation with Southeast Asia and Beyond Summit, taking place on 28 October 2025 at Sasana Kijang, Kuala Lumpur. The Summit marks a key moment under the ASEAN-Malaysia Chairmanship 2025, bringing together policymakers, business leaders, technologists and academics to define how the region will navigate the Intelligent Age through common rules, scalable pilots, and cross-border partnerships.

Innovation will take centre stage as the catalyst to drive growth and collaboration across Southeast Asia and globally. Specifically, the focus will be on advancing shared frameworks for AI governance, clean industrial pathways and inclusive digital growth, ensuring that the region not only adapts to the Intelligent Age but also leads in setting global standards for innovation and cooperation. The Summit’s programme is designed to move from high-level perspectives to concrete initiatives, providing both policy direction and practical pathways for implementation.

“Malaysia is proud to advance with our fellow ASEAN nations into the Intelligent Age. Our partnership and joint efforts go beyond technology implementation; we are instead focused on shaping an inclusive and resilient future for the people of ASEAN. Together, through focused efforts on AI governance, clean industry, and energy transition, we are ensuring that innovation uplifts every community and positions our region as a global leader,” said Minister of Digital, YB Gobind Singh Deo.

The Intelligent Age signals a shift beyond the Fourth Industrial Revolution, where AI and converging technologies are reshaping societies, economies and industries in real time. With adoption accelerating and risks already evident, ASEAN is positioning itself as a convener to ensure innovation becomes a driver of inclusive growth, trusted governance and sustainable energy transition.

MYCentre4IR’s partnership with the WEF and being part of its global 4IR network adds further avenues for Malaysia to align its digital and energy initiatives with international best practices and frameworks, in turn expanding networks for ASEAN’s broader efforts in these areas.

The Summit will also feature high-level participation and showcase regional initiatives. YB Gobind Singh Deo will deliver the Opening Remarks, followed by a Keynote Address by ASEAN Secretariat. The Minister will also join the Leaders Dialogue: Malaysia’s AI Ambitions moderated by Cathy Li, Head of the Centre for AI Excellence, WEF.

In addition, the event will highlight key initiatives such as the ASEAN AI Safety Network (ASEAN AI SAFE), the Sustainable AI White Paper, and the Transitioning Industrial Clusters (TIC) initiative. Spearheaded by Malaysia, the ASEAN AI SAFE will serve as a regional platform to institutionalise AI governance and ethics, aligned with the ASEAN Responsible AI Roadmap (2025–2030). It aims to harmonise AI safety policies, promote responsible AI adoption, and foster collaboration across governments, industry, academia, and civil society, while also connecting with global AI safety institutes. A formal declaration is expected at the 47th ASEAN Leaders Summit in October 2025, ahead of its operational launch in 2026.

Meanwhile, TIC will make its official debut at the World Economic Forum Annual Meeting in Davos in January 2026, marking Sarawak’s entry onto the global stage. The summit’s discussions will also cover crucial topics such as industrial transformation, digitalisation and ESG, resilient ecosystems and regional energy cooperation, including the ASEAN Power Grid and nuclear readiness.

Jeremy Jurgens, Managing Director , World Economic Forum, said:”The Intelligent Age will be defined not only by the technologies we create, but by the responsibility we share in how they are applied. The World Economic Forum, through its 4IR Network, is proud to support ASEAN in bringing together government, industry and academia to shape trusted AI governance and drive industrial transformation that benefits all.”

The Powering the Intelligent Age Summit will set the stage to move from principles to implementation, driving innovation that resonates within Southeast Asia and extends its influence globally. By translating policy into action and regional adoption, the Summit will highlight how Malaysia and ASEAN can pioneer AI governance, clean industry transitions, and inclusive digital ecosystems. In doing so, the region would strengthen its competitiveness and also contribute to shaping global standards and charting pathways towards a more innovative, sustainable and connected future for all. To know more, visit https://www.centre4ir.my/poweringintelligentage .

Hashtag: #WorldEconomicForum

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

About World Economic Forum

The World Economic Forum (WEF) is the International Organisation for Public-Private Cooperation. It engages leaders from government, business, academia, and civil society to shape global, regional, and industry agendas. Headquartered in Geneva, Switzerland, the Forum is committed to improving the state of the world by fostering dialogue, driving systems change, and advancing solutions on critical global issues including energy transition, climate action, technology governance, and inclusive economic development.

About Malaysia Centre for the Fourth Industrial Revolution (MYCentre4IR)

Hosted by MyDIGITAL Corporation, the Malaysia Centre for the Fourth Industrial Revolution (MYCentre4IR) is part of the World Economic Forum (WEF) global network of Centre 4IR. It is the 1st centre in Southeast Asia and 19th in WEF’s global network of Centre for Fourth Industrial Revolution. It is a dynamic and forward-thinking platform designed to ignite innovation, facilitate policy development, and drive collaboration on a global scale. The partnership with the Forum provides access and connection to a vast pool of knowledge, best practices, and global insights from a network of like-minded organisations and countries, enabling learning and collaboration on cutting-edge projects.

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About Transitioning Industrial Clusters (TIC)

The Transitioning Industrial Clusters (TIC) initiative was first introduced by the World Economic Forum (WEF) as a global framework to accelerate the energy transition and digital transformation of industries. In Malaysia, TIC is driven by the Malaysia Centre for the Fourth Industrial Revolution (MYCentre4IR) hosted by MyDIGITAL Corporation, in collaboration with WEF and local partners, positioning the country as a regional leader and testbed for industrial transformation.

TIC enables industries to adopt advanced technologies such as digital twins, data platforms, and artificial intelligence to decarbonise operations while unlocking new opportunities for competitiveness, innovation, and sustainability.

Malaysia’s first pilot, TIC Sarawak in Bintulu, focuses on petrochemical and resource-intensive industrial clusters. Leveraging Sarawak’s role as a key energy producer, the pilot integrates clean energy solutions with digital technologies to reduce emissions, optimise efficiency, and strengthen regional and national competitiveness. Insights from TIC Sarawak will serve as measurable, replicable, and scalable playbooks that can be applied across industries and regions, supporting Malaysia’s national priorities under the NETR, MDEB, NIMP and RMK13 while advancing ASEAN’s collective climate and innovation agenda.

Through TIC and its pilots, Malaysia is contributing to a global movement championed by WEF to build a more sustainable, innovative, and resilient future by laying the foundation for leadership in the Intelligent Age.

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Hong Kong Company Formations Surge 40.5% in 2025, Outpacing Regional Competitors

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7 hours ago

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15/05/2026

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Air Corporate data reveals 9 in 10 founders incorporated in Hong Kong do so remotely, driven by a 20% surge in Middle Eastern entrepreneurs seeking cost-effective operational alternatives to Dubai.

HONG KONG SAR – Media OutReach Newswire – 15 May 2026 – Air Corporate registered a 40.5% increase in Hong Kong incorporations in 2025, with the first quarter of 2026 already up 48% year-over-year. This data indicates that Hong Kong is reasserting itself as the leading Asian jurisdiction for company formation, fueled by a new wave of remote founders from the Middle East, North Africa, and Europe.

The prevailing narrative over the past five years suggested that Singapore was eclipsing Hong Kong; however, recent incorporation volumes challenge this. According to city-wide official figures cited by Vivian, Founder of Air Corporate, approximately 195,000 companies were registered in Hong Kong in 2025, compared to around 77,000 in Singapore.

“There was a lot of fuss about Singapore taking over Hong Kong as preferred jurisdiction over the last few years, but for 2025 alone, around 195,000 companies were formed in HK, vs around 77,000 for Singapore,” said Vivian. While city-wide registrations rose roughly 35% in 2025, incorporations at Air Corporate specifically grew by 40.5%. Vivian added, “With a 35% increase in the number of companies registered in 2025, Hong Kong is definitely back in the game as the top jurisdiction to start a company.”

The reality of Hong Kong company formation is increasingly global, lean, and founder-led. Nine in ten founders incorporated in Hong Kong with Air Corporate do not live there.

Key demographic and operational insights from Air Corporate’s client base include:

  • Approximately 90% of founders operate remotely from abroad, while 10% or less are based in Hong Kong.
  • Entrepreneurs aged 35 to 44 represent the largest age cohort at 38%, demonstrating that Hong Kong attracts founders in their prime career years rather than just younger digital nomads.
  • Serial entrepreneurs make up 60% of Air Corporate’s client mix, utilizing Hong Kong as an operational base for multiple companies, while first-time founders account for the remaining 40%.
  • A total of 89% of new companies are launched by solo founders (58%) or small teams of two to five individuals (31%).
  • Mainland China, Hong Kong, Turkey, India, the UAE, Australia, France, and Morocco rank among the top source markets for these founders.

Furthermore, 73% of new Hong Kong incorporations are directly tied to physical goods trade with China. This consists of e-commerce and dropshipping businesses (38%) and the trading of goods (35%). The recovery of in-person trade flows, including events, such as the Canton Fair and various industrial fairs, is pulling foreign founders back into the Greater China orbit and establishing Hong Kong as the natural entry point and financial layer over the world’s largest manufacturing base.

Air Corporate’s data recorded a 20% year-over-year growth in founders originating from the Middle East. This shift highlights a reverse migration where founders previously incorporated in Dubai are now choosing Hong Kong. Based on Vivian’s observations, founders often arrive in Dubai expecting fast incorporation and low costs, but discover that incorporation and maintenance are significantly more expensive than in Hong Kong, and banking remains difficult. Consequently, many founders move to Hong Kong after 12 to 24 months in the UAE, a trend accelerated by the Hong Kong government’s strategic outreach to the region.

For lean, remote-first businesses, speed-to-market is a critical factor. A founder located anywhere in the world can incorporate in Hong Kong and open a working bank account in approximately 7 days using digital banking partners. Currently, 90% of Air Corporate’s clients utilize these digital banking partners.

“Hong Kong and Singapore are the only places in Asia where you can set up your company, get a corporate account, and be in business in less than a week,” concluded Vivian.

Air Corporate is a service provider facilitating company formation and incorporation in Hong Kong for serial entrepreneurs, first-time founders, and remote-first business owners operating globally.

Media Inquiries
To learn more about Hong Kong company formation, visit Air Corporate’s website or contact their team directly.

Hashtag: #AirCorporate

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

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Natural Diamonds Sparkle on The Red Carpet at The 2026 Met Gala Celebrating “Costume Art”

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7 hours ago

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15/05/2026

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Today’s biggest stars express individuality and confidence with natural diamonds

NEW YORK, US – Media OutReach Newswire – 15 May 2026 – The 2026 Met Gala celebrating “Costume Art” took place May 4th at the Metropolitan Museum of Art in New York City, bringing together leading figures from across the globe for an unforgettable evening. These tastemakers showcased the most classic, refined and distinctive diamond jewelry looks of the season. Below, A Diamond is Forever highlights the standout trends from the event.

Desert diamonds

Desert diamonds emerged as a striking throughline on the Met Gala carpet, with a range of hues in distinctive settings taking focus.

Rihanna led the trend in a pair of exceptionally rare old Moghul Golconda fancy brown-yellow diamond earrings by Glenn Spiro, featuring two pear-shaped natural diamonds totaling 51.9 carats. Doja Cat offset her all nude look with a pair of large Leviev Diamonds floral-shaped earrings while Paloma Elsesser made a statement in a 29.5-carat diamond necklace by Bernard James, centered around a 15-carat fancy light yellow pear-shaped natural diamond. Cara Delevingne wore a De Beers London Forces of Nature High Jewelry ring, featuring marquise yellow diamonds set as eyes, while Emma Chamberlain opted for yellow and white diamond earrings by Chopard, underscoring the continued allure of warm diamond hues.

Magnificent Diamond Earrings

A wide variety of captivating silhouettes defined the natural diamond earrings on the Met Gala carpet. Zoë Kravitz delivered a modern twist with oversized diamond flower earrings by Jessica McCormack. Chase Sui Wonders opted for Jean Schlumberger by Tiffany & Co. Sea Fan earrings, bringing an element of sculptural artistry to the look. Gracie Abrams selected gently dangling Chanel earrings, adding understated fluidity, while Connor Storrie selected simple hoop earrings from Tiffany & Co., reinforcing the clean and enduring appeal of natural diamonds.

Standout Diamond Moments

Natural diamonds appeared in personal, unconventional and eye-catching ways, offering moments of surprise and awe. Power couple Beyoncé and Jay-Z embodied this trend with Beyoncé wearing Chopard’s Queen of Kalahari necklace, named after the rare 342-carat diamond that provided 23 stones for Chopard’s Garden of Kalahari collection. Jay-Z contributed to the narrative with a vintage diamond brooch by Briony Raymond worn at the collar as an unexpected placement that underscored the piece’s versatility. Isha Ambani made the styling of diamonds an art form in itself, wearing her own diamond jewelry featuring approximately 150 carats of old mine-cut diamonds, including a three-strand necklace and chandelier earrings, while also incorporating diamonds sewn directly into the bodice of her sari to represent significant moments in her life.

Together, these looks highlighted a shift toward natural diamonds as vessels of personal expression, styled with intention, individuality, and a sense of the unexpected.

Hashtag: #MetGala #RedCarpet #ADiamondisForever #NaturalDiamonds #Diamonds





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Turn Your Savings into a Front-Row Experience: HL Bank Singapore Offers Exclusive Passes to AsiaTop Music Festival 2026

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19 hours ago

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14/05/2026

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The premier music festival will play host to 16 K-pop, regional and Malaysian stars including, in performance order: Day 1 – NexT1DE, Aina Abdul, Belle Sisoski, Win Metawin, NMIXX, WINNER, DAESUNG, KUN. Day 2 – Uriah See, Firdhaus, Butterbear, 82MAJOR, STAYC, CRAVITY, TWS, CxM

SINGAPORE – Media OutReach Newswire – 14 May 2026 – Your next major K-pop experience is just a savings goal away as HL Bank Singapore (“HLB Singapore”) bridges the gap between financial wellness and the front row. In an exclusive collaboration designed for the ultimate music enthusiast, the bank is offering fans the chance to secure a pair of sought-after AsiaTop Music Festival 2026 tickets, valued at up to RM1,098 (approx. S$355), simply by growing their wealth.

HL Bank Singapore is giving music fans the chance to redeem exclusive passes to the AsiaTop Music Festival 2026, featuring top Asian acts, through its iSavings Reward Campaign.

This unique initiative stems from the regional synergy between Hong Leong Bank (“HLB”) and Tencent Music Entertainment Group (JOOX and QQ Music). By aligning with Visit Malaysia Year and Visit Selangor Year 2026, HLB is transforming the traditional banking experience into a gateway for premium entertainment. Scheduled for 30 and 31 May 2026 at the iconic Sepang International Circuit, the festival promises a high-octane weekend featuring an elite lineup of Asian superstars, including the largest K-pop showcase in the ASEAN region.

Securing a spot at the heart of the action has been streamlined through the iSavings Reward Campaign, running from 9 May 2026 to 18 May 2026. To participate, fans first decide on their preferred festival experience, selecting either a pair of Standard Passes with a S$5,000 deposit or the high-energy, nearer-to-the-stars Rockzone Passes with a S$8,282 deposit for their chosen day.

Once a tier is selected, customers can register by depositing the qualifying funds into an iSavings account via FAST or Links transfer. To validate their entry, customers must include the specific Comment Code, such as PALLIR1 for Day 1 Rockzone, within the funds transfer description. The qualifying balance must be maintained within the account for a six-month (182 days) earmarked period.

With only 88 pairs of tickets available for this exclusive campaign, the stakes are high. Allocation is limited to 22 pairs per day for each ticket category and will be awarded strictly on a first-come, first-served basis. Fans are encouraged to act quickly to ensure their savings work as hard as they do while securing a premier seat at the musical event of the year.

For full terms & conditions, and further details, please visit: www.hlbank.com.sg/AsiaTop2026

Hashtag: #HLBankSingapore

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

HL Bank Singapore

HL Bank Singapore is the Singapore branch of Hong Leong Bank Berhad, a leading digital-centric Malaysia-based financial services institution with a rooted heritage in the country spanning over 120 years. Operating under a Full Bank Licence in Singapore, HL Bank offers a comprehensive range of financial services to our business, retail and high networth customers through our 4 core business segments – Business & Corporate Banking, Personal Financial Services, Private Wealth Management and Global Markets.

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