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Record-breaking Global Participation: Final Call to Join the TERA-Award by 9 April
This year’s competition has already seen 417 applications, highlighting the growing global momentum in energy innovation. Among them, renewable energy leads with 112 submissions, followed by smart city solutions and intelligent energy systems, showcasing the industry’s global focus on sustainable infrastructure and next-generation energy management.
Mr Alan Chan Ying-lung, Executive Chairman of the TERA-Award Organising Committee, noted that the surge in participation reinforces the TERA-Award’s role as a truly global platform for energy solutions. He emphasised that the competition continues to attract innovators from around the world, demonstrating a universal commitment to tackling energy and climate challenges. By bringing together startups, investors, and industry leaders, the TERA-Award acts as a catalyst for breakthrough innovations, helping to accelerate the energy transition through real-world applications.
Chan also highlighted the competition’s track record of helping startups scale their technologies through funding and strategic industry partnerships. He pointed to past winners such as i2Cool, which has expanded the application of its electricity-free cooling coatings across global projects, and Luquos Energy, which, after securing investment from Towngas, launched a sulfur-based flow battery energy storage demonstration project in Shenzhen, marking an important step toward industrialisation.
Beyond the competition, Towngas and Full Vision Capital have long been committed to startup incubation, backing companies that have since grown into major industry players. EcoCeres, for instance, has become a global leader in Sustainable Aviation Fuel, while EnerVenue, founded by Stanford Professor Cui Yi, is pioneering metal-hydrogen battery energy storage solutions and was recently named one of America’s Top GreenTech Companies by TIME Magazine and Statista, soaring from #136 to #10 in just one year. These successes underscore the strength of the TERA-Award ecosystem, which provides not only financial support but also mentorship, industry connections, and the resources needed to accelerate commercial deployment.
As the competition enters its final stretch, startups and innovators worldwide are encouraged to seize this opportunity to gain industry recognition, secure strategic partnerships, and turn their groundbreaking ideas into reality.
Applications can be submitted through the TERA-Award’s official website.
Hashtag: #TERA-Award
The issuer is solely responsible for the content of this announcement.
About the TERA-Award Energy Innovation Competition
The TERA-Award Energy Innovation Competition, organised by Towngas and empowered by Full Vision Capital, aims to discover and develop innovative technologies and solutions in climate technology. It promotes zero-carbon technology development by bringing together global innovative technological forces to advance climate technology innovation and application. The competition serves as an international acceleration platform, matching climate technology entrepreneurs with investors and application scenario providers to help early-stage climate technology companies grow rapidly and drive the realisation of a green, smart, and sustainable future.
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PTT Oil and Retail Business Posts Record Q1 2025 Profit, Extends Regional Growth with ESG-Led Expansion

The company posted THB 182.4 billion in revenue for the quarter, with net profit rising to THB 4.38 billion—a 46% increase from the previous quarter and 17.6% higher year-on-year. EBITDA climbed to THB 6.48 billion, up 32.7% quarter-on-quarter and 5.0% year-on-year, driven by gains in its Global and Lifestyle businesses alongside cost discipline and margin improvements in key segments.
Higher gross profit per liter and operational efficiency, particularly in Laos, the Philippines, and Cambodia, helped lift EBITDA by THB 311 million compared to the same period last year. Consumer resilience and sharper cost control also buoyed margins in OR’s Lifestyle segment. While Mobility margins were pressured by softer spreads—especially in aviation fuel—overall performance held firm on reduced personnel and outsourcing costs.
Equity investment gains added THB 657 million, contributing to the bottom line and further affirming the group’s diversified growth engine.
“This quarter’s performance reflects the resilience of our business model and the clarity of our long-term direction,” said M.L. Peekthong Thongyai, Chief Executive Officer of OR. “We are expanding with purpose—delivering value for people, prosperity for communities, and care for the planet.”
At the center of that strategy is OR’s People-Performance-Planet framework, which underpins its approach to investment, innovation, and regional growth.
The expansion of EV Station PluZ, now present in all 77 provinces of Thailand, underscores the company’s commitment to clean mobility. At the same time, OR’s signature brand Café Amazon continues to scale across Southeast Asia, with 391 outlets outside Thailand and over 112 million cups sold in Q1 alone.
OR’s Global Business segment reported a 30.8% year-on-year increase in sales volume, with EBITDA rising 81.5%. The company now operates 415 PTT Stations and 391 Café Amazon outlets across Asia, including Cambodia, Laos, Philippines, Vietnam, Malaysia, Oman, Saudi Arabia, Bahrain, and Japan
“This isn’t just about selling fuel or coffee,” Peekthong said. “It’s about building platforms that empower local economies, foster entrepreneurship, and deliver long-term, sustainable growth.”
The strategy echoes OR’s “They Grow, We Grow” philosophy, which emphasizes empowering local partners as the foundation of international expansion.
Outside the energy sphere, OR continues to sharpen its lifestyle and digital businesses. Non-oil operations contributed 27.5% of Q1 EBITDA, led by strong performance in retail, food & beverage, and franchising. The company is also investing in circular economy models, digital platforms, and sustainable products to reinforce long-term value creation.
Looking ahead, OR is positioning for entry into the virtual banking sector, leveraging its wide-reaching commercial network and extensive customer database to offer personalized, accessible financial services. The move is seen as a natural extension of its strategy to become a daily-life platform for consumers.
The company’s financial health remains solid. TRIS Rating reaffirmed OR’s corporate credit rating at AA+ with a stable outlook for the third consecutive year, reflecting both financial discipline and strategic continuity.
Armed with that momentum, OR is pushing deeper into ASEAN and new frontier markets through a blend of organic expansion, joint ventures, and strategic alliances. The ambition to transform from a national champion into a future-ready regional enterprise at the nexus of energy, retail, and sustainability.
Hashtag: #OR
The issuer is solely responsible for the content of this announcement.
About OR
PTT Oil and Retail Business Public Company Limited (OR) is a leading Thai energy and retail company with operations across 10 countries. OR operates through four core business groups: Mobility Business, providing energy solutions via PTT Station, PTT Lubricants, PTT LPG, and EV Station PluZ; Lifestyle Business, featuring Café Amazon, one of Asia’s largest coffee chains, along with convenience stores and space management; Global Business, driving international growth with over 415 PTT Stations and 391 Café Amazon outlets; and OR Innovation Business, developing new ventures and sustainable solutions through technology and innovation.
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HeySara Expands its Regional Footprint with the Acquisition of ILS (Hong Kong)

This milestone marks a valuable and meaningful step in HeySara’s regional journey, bringing the company’s presence into the vibrant city of Hong Kong! With the integration of ILS (Hong Kong), HeySara strengthens its ability to deliver professional, responsive, and client-focused Corporate & Fiduciary Services across key jurisdictions, including Singapore, Malaysia, Hong Kong, Mainland China, the British Virgin Islands (BVI), and the Cayman Islands.
Mr. Ng Su Kai, Founder of HeySara, shared his thoughts on this exciting development:
“We’re absolutely delighted to welcome ILS (Hong Kong) to the HeySara family. This represents a significant step in our regional expansion journey. With our growing footprint across Greater China, we’re better positioned than ever to support our global clients with broader, smarter, and faster corporate service solutions.”
With this acquisition, HeySara now proudly serves more than 2,600 clients worldwide — a reflection of its commitment to making cross-border business setup and growth simpler, smoother, and more human. This partnership is not just about expansion — it’s about unlocking new possibilities, creating meaningful connections, and building a brighter future together.
Hashtag: #HeySara
The issuer is solely responsible for the content of this announcement.
About HeySara
HeySara is a next-generation, technology-driven Corporate Service Provider (CSP) dedicated to helping small and medium-sized businesses grow across Asia. Headquartered in Singapore with offices in Malaysia and Hong Kong, HeySara empowers over 2,600 clients worldwide through a unique blend of digital innovation and deep local expertise.
What sets HeySara apart is its comprehensive, one-stop suite of corporate services—including Corporate Secretarial, Accounting, Tax, Human Resource, Immigration, and Audit services.
Whether your business operates in a single market or spans multiple jurisdictions such as Singapore, Malaysia, Hong Kong, China, BVI, or the Cayman Islands, HeySara is your trusted partner for seamless cross-border corporate management. To learn more, visit www.heysara.sg.
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INIU to Launch All-New Pocket Rocket P50 on July 7, Redefining Fast-Charging Portability

Measuring just 3.3×2.0×1.0in/ 8.3×5.2×2.6cm and weighing only 5.6oz / 160±10g—roughly the size of two stacked macarons—the Pocket Rocket P50 slips easily into a pocket, handbag, or suitcase corner while delivering powerful output. With 45W fast charging, it powers your phone from low battery to 73% in just 25 minutes.The device also fully recharges in just two hours and can power up to three devices simultaneously, meeting modern demand for fast, multi-device charging on the go.
Packed with cutting-edge tech, the P50 features an upgraded TinyCell Pro battery and the industry’s first multi-tab cell for better heat control and faster, more efficient charging. A high-performance NVIDIA-grade inductor boosts battery life and shrinks overall size—making the power bank lighter and more compact. The ultra-thin 0.5mm Genius display keeps users informed with real-time power. With 18 layers of safety protection, it safeguards your device from overheating, overcharging, and other common risks.
In addition to performance, the P50 excels in energy efficiency and sustainability. Its Tinycell Pro and precision components minimize energy waste and extend lifespan, reducing replacements and electronic waste. The detachable fast-charging cable passed over 11,000 bend tests, and its integrated E-Marker chip ensures stability, wide compatibility, and support for Samsung Super Fast Charge 2.0—ready to use anytime.
Since its founding in 2014, INIU has focused on delivering high-quality portable power solutions and has served over 40 million users across 174 countries and regions. The company has received international accolades such as the iF Design Award, Red Dot Award, and CES Innovation Award. The new P50 is a technological breakthrough and a further step in INIU’s mission to provide reliable energy for users and families worldwide.
As mobile device usage grows, users demand more from their charging gear in terms of performance, portability, and safety. The debut of the Pocket Rocket P50 directly responds to this trend and is set to spark a new global wave in the fast-charging portable power revolution.
Hashtag: #INIU
The issuer is solely responsible for the content of this announcement.
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