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Owner-Operated Serviced Office CoWorkSpace Opens at 6 Raffles Quay Level 16, Offering Members Stable Pricing in a Landlords’ Market

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As Singapore CBD office rents rise for a fifth consecutive quarter and vacancy hits a record low, CoWorkSpace aims to shield members from rent increases that flex operators typically pass through.

SINGAPORE – Media OutReach Newswire – 26 May 2026 – CoWorkSpace is conveniently located at 6 Raffles Quay #16-01, occupying an entire floor within the office tower and comprising more than 50 private suites designed for startups, SMEs, and established corporations across shipping, financial intermediaries, family offices, professional services, business consultancy, technology, and trade-related industries.

The building is linked to both Raffles Place and Downtown MRT stations via fully sheltered underground walkways, allowing members and their visitors to reach the office without exposure to Singapore’s heat or rain.
Unlike other industry players, CoWorkSpace owns the property it operates from. This owner-operated model provides members with the option of medium to long-term price stability and reduces the risks commonly associated with leased coworking spaces, such as sudden closures, forced relocations, and aggressive rental increases.
The facility is configured mainly as private suites, with no hot-desks and no virtual office members. Members on dedicated-desk arrangements are situated within private suites, providing greater privacy and a more professional working environment.
Each suite is equipped with electronic height-adjustable desks, modern office chairs, and pedestal cabinets according to the suite configuration. Data points are also included within each suite.
Shared facilities include an expansive business lounge, business-grade internet, reception services, meeting rooms and call booths, printing, scanning and shredding facilities, and utilities.
In addition, CoWorkSpace operates an in-house IT team that manages its network and infrastructure directly, enabling faster response and turnaround times for IT-related matters without relying on third-party vendors.

Hashtag: #ServicedOffice #Coworking #CoworkingSpace #RafflesQuay #RafflesPlace #SingaporeCBD #SGCBD #PrivateOffice #PrivateSuites #OwnerOperated #FlexibleWorkspace #BusinessAddress #SMESingapore #SGBusiness #CoWorkSpace


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JOYY Reports First Quarter 2026 Financial Results: Total Revenue YoY Growth Hits Multi-Year High

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SINGAPORE – Media OutReach Newswire – 26 May 2026 – JOYY Inc. (NASDAQ: JOYY) (“JOYY” or the “Company”), a leading global technology company, today announced its unaudited financial results for the first quarter ended March 31, 2026.

In the first quarter, JOYY’s total revenues reached US$555.7 million, up 12.4% year over year, representing the Company’s highest year-over-year growth rate in recent years. Social entertainment revenue increased 3.2% year over year to US$400.4 million. BIGO Ads ad tech and SHOPLINE e-commerce, the second growth engine of the Company, maintained strong growth momentum. BIGO Ads revenue reached US$124.8 million, up 55.6% year over year, while SHOPLINE contributed US$30.5 million, up 16.1% year over year.

In the first quarter, the Company’s non-GAAP1 operating income increased 22.5% year over year to US$38.0 million, while non-GAAP1 EBITDA grew 13.2% year over year to US$45.7 million. Operating cash inflow for the quarter was US$46.0 million. Net cash as of March 31, 2026 stood at US$3.18 billion.

Simultaneously, JOYY announced a new share repurchase program, under which the Company is authorized to repurchase up to US$600 million of its shares until the end of 2028, and a new quarterly dividend program, under which a total of approximately US$900 million in cash will be distributed on a quarterly basis between 2026 and 2028. The new shareholder return program amounts to approximately US$1.5 billion, underscoring JOYY’s confidence in its long-term growth potential.

  1. This press release includes certain non-GAAP financial measures as additional clarifying items to aid investors in further understanding the Company’s performance and the impact that these items and events had on the financial results. The non-GAAP financial measures provided above should not be considered as a substitute for, or superior to, the measures of financial performance prepared in accordance with GAAP. For details of the non-GAAP measures, including the reconciliations of GAAP measures to non-GAAP measures, please refer to the press release titled “JOYY Reports First Quarter 2026 Unaudited Financial Results” issued by the Company on May 26, 2026.

Hashtag: #JOYY

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“Made in Binzhou” Heads to Tianzhou-10 Cargo Spacecraft——Binzhou Sci-Tech Power Embarks on a Hardcore Space Mission

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BINZHOU, CHINA – Media OutReach Newswire – 25 May 2026 – On May 11, experimental samples for the project “Study on the Effect of Rotating Magnetic Field on the Solidification Process of Aluminum-based Lightweight High-entropy Alloys under Space Microgravity Conditions” were officially launched aboard the Tianzhou-10 cargo spacecraft. Co-developed with the Metal Materials Center of Binzhou Weiqiao UCAS Advanced Technology Research Institute, these samples are now en route to China’s Manned Space Station to begin their on-orbit scientific journey in a microgravity environment.

Researchers conducting project experiments

This initiative is a collaborative effort involving the University of Chinese Academy of Sciences (UCAS), the National Space Science Center of the Chinese Academy of Sciences, and the Binzhou Weiqiao UCAS High Technology Research Institute. The successful launch marks a historic “zero-to-one” breakthrough, representing the first time private sci-tech forces from Binzhou and indeed Shandong province have reached space. It also stands as China’s first in-space experiment to study the solidification of lightweight high-entropy alloys under the dual-field coupling of “microgravity and rotating magnetic fields.”

As a national-level “space laboratory,” the manned space station hosts world-class research facilities and serves as a core platform for disruptive innovation in new materials. This successful deployment not only highlights the institute’s cutting-edge research capabilities but also signifies a deep integration between corporate scientific research and national aerospace engineering. Looking ahead, the institute will continue its deep dive into frontier fields such as space materials and lightweight alloys. By strengthening collaborative innovation across industry, academia, and research, they aim to empower the upgrading of the new materials industry with technological innovation, contributing both wisdom and strength to the development of China’s manned space program and the cultivation of new quality productive forces.
Hashtag: #BinzhouInformationOffice

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Rainforest Tea Culture from Wuzhishan, China, Debuts in Rome

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ROME, ITALY – Media OutReach Newswire – 26 May 2026 – The Rainforest Children’s Choir and Rainforest Large-Leaf Tea from Wuzhishan, Hainan, China, took centre stage at the International Tea Day event held at the UN Food and Agriculture Organization (FAO) headquarters in Rome on May 21, becoming the occasion’s most sought-after presence.

The Rainforest Children’s Choir performed an original song “Lishan Tea Song” and the Italian classic “O Sole Mio”. Photo by: UN Food and Agriculture Organization (FAO)

The children performed an original song “Lishan Tea Song” and a rendition of the beloved Italian classic “O Sole Mio,” drawing a captivated crowd. Among the audience were Qu Dongyu, Director-General of the FAO, and Zhang Lubiao, China’s Ambassador and Permanent Representative to the UN Agencies in Rome.

The Rainforest Children’s Choir performed an original song "Lishan Tea Song" and the Italian classic "O Sole Mio". (Photo by: Wuzhishan Informaition Office)
The Rainforest Children’s Choir performed an original song “Lishan Tea Song” and the Italian classic “O Sole Mio”. (Photo by: Wuzhishan Informaition Office)

“It is the first time a Chinese delegation has performed in this banquet hall. I feel very proud,” Zhang said at the event. “The Wuzhishan delegation will leave an important mark in the history of the FAO.”

The day marked the seventh International Tea Day, and the FAO hosted a tea tasting gathering at its Rome headquarters. Countries including China, Indonesia, Canada, Kenya, Azerbaijan, Russia, Sri Lanka, and Türkiye showcased their signature teas and cultural traditions, sharing tea as a bridge of friendship.

The Wuzhishan delegation set up a display area featuring Rainforest Large-Leaf Tea and ethnic cultural products. Tea masters brewed tea for international guests, and the large-leaf black tea, known for its “amber liquor and honey aroma,” was widely appreciated.

Hainan Large-Leaf Tea is a distinct species of the Camellia genus that evolved independently on Hainan Island and possesses rich genetic diversity. The research findings, published on the journal Agrobiodiversity on May 17, 2024, further enhance the tea’s unique appeal.

The delegation also held business talks with Italian companies, exploring tea product exports and cross-border e-commerce cooperation, and mapping out pathways for Hainan’s tea industry to enter the international market.

The International Tea Day is a UN observance initiated by China, aimed at promoting global tea culture exchange and the sustainable development of the tea industry. Through song and tea, the Wuzhishan delegation showcased the unique cultural charm of the Hainan Free Trade Port, injecting fresh energy into China-Italy cultural exchanges.
Hashtag: #WuzhishanInformationOffice

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