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Siam Piwat redefines global retail with NEXTOPIA, a future prototype where sustainability is a transformative force for business, people, and the planet
Chief Executive Officer Chadatip Chutrakul introduced the project during The Economist’s 5th annual Sustainability Week Asia, recently held in Bangkok, positioning NEXTOPIA as more than a response to necessity but as a genuine driver of business leadership and vision.
The vision for the future of retail is built on three interconnected pillars: co-creation with founders and partners, collaboration with tenants and communities, and customers. Together, they redefine retail as a platform shaped by shared purpose, creativity, and participation. This extends to redefining customer relationships through trust, inspiring customers to visit more often, spend more time, and deepen engagement within our ecosystem.
“Sustainability is no longer optional,” Chutrakul said. “We must accelerate and make a bold move. Real, lasting impact is never created alone. It requires co-creation across industries, united by purpose, in a place that captures the world’s attention and inspires change for the greater good.”
Launched in November 2025, the 15,000-square-meter attraction at Siam Paragon, a global landmark that draws more than 200,000 visitors daily, including a significant share of international tourists aims to move sustainability “beyond awareness into joyful and engaging experiences in everyday life,” she added.
Developed with more than 50 partners, NEXTOPIA operates under the theme “Co-creating Communities for a Better World.” It features infrastructure contributions from companies including B.Grimm, SCG, Indorama and Kasikornbank, incorporating solar energy, sustainable materials, advanced water systems, and cooling and clean air technologies.
The project has achieved zero waste to landfill, cut energy consumption by 47%, reduced water use by 34% and lowered carbon emissions from construction materials by 59%. Within a year, water savings are projected to be equivalent to the volume of an Olympic-sized swimming pool. Over two years, decarbonization efforts will deliver the environmental benefit of creating a vast urban park.
NEXTOPIA is Thailand’s first multi-tenant retail building to earn EDGE Advanced certification for resource efficiency and a two-star Fitwel rating. It also received the Best in Building Health Award 2026 from Fitwel, achieving top scores for its design and quality-of-life features.
Tenants must adhere to some 50 sustainability criteria covering waste management and value chain practices, with many exceeding standard industry benchmarks. Siam Piwat developed the framework over three years to help partners adopt sustainable practices quickly while cutting costs and unlocking new value.
Interactive elements at NEXTOPIA invite visitors to participate directly, with kinetic floors and bicycles that generate electricity for redeemable rewards, alongside exhibits featuring Thailand’s largest collection of recycled art, created by artists from waste collected nationwide. ECOTOPIA, the country’s biggest eco-store, stocks more than 110,000 sustainable products, many recycled or upcycled, sourced from around 300 Thai communities and small businesses.
The project has also brought together more than 30 local communities and global organizations, including the United Nations, World Food Programme, UNDP Biofin and WWF, to exchange knowledge and ideas.
More than a shopping destination, NEXTOPIA functions as a living laboratory for experimenting and exchanging ideas that retail and real estate developers worldwide could adapt. It marks a strategic evolution for Siam Piwat, transforming the company from a premier retail developer into what it describes as “a global sustainability platform” that links businesses, people and innovation.
This shift aligns with intensifying global pressure on companies to meet their sustainability commitments under the Paris Agreement, as brands and consumers increasingly demand verifiable environmental action.
With NEXTOPIA, Siam Piwat is betting that the future of retail lies not just in selling goods, but in creating spaces where sustainability feels tangible, measurable and above all inspiring.
Setting a new benchmark for co-created, revolutionary retail, NEXTOPIA offers a scalable model that delivers both business value and meaningful impact – one that can be adopted globally.
Hashtag: #SiamParagon #NEXTOPIA #Sustainability #PrototypeCity #NetZero #TheEconomist #SustainabilityWeekAsia
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About Siam Piwat
Siam Piwat is a leading retail and real estate developer behind Bangkok’s most iconic destinations, including Siam Paragon, Siam Center, Siam Discovery, ICONSIAM, and Siam Premium Outlets Bangkok, globally recognized for pioneering experiential destinations.
For over six decades, Siam Piwat has been renowned for creating iconic destinations and world-class experiences, continuously redefining Bangkok’s retail landscape through award-winning developments that set new global benchmarks. Guided by creativity, innovation, and sustainability, the company continues to lead with a bold vision s that inspire, engage, and delight customers from around the world, while creating long-term value for society, businesses, and future generations.
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The 1st Taiwan International Plant-Based Festival Launches in Singapore: Showcasing Taiwan’s Sustainable and Creative Farming and Aesthetics Through Mango Pineapples and Orchids
The Ministry of Agriculture stated that the festival’s first wave debuted from May 30 to June 1 during the “2026 Singapore Vesak Day Celebrations”. In partnership with Fo Guang Shan (Singapore), this initiative successfully integrated Taiwanese agricultural products into a religious, cultural, and festive setting for a cross-domain showcase. The event especially highlighted Taiwan’s new agricultural innovation, the “Mango Pineapple (Tainung No. 23)“. Celebrated for its delicate flesh and intense aroma, it blends a tropical mango-like fragrance with the perfect sweet-and-sour pineapple flavor, demonstrating Taiwan’s achievements in fruit breeding and quality research. On-site tasting sessions drew crowds of local residents, allowing Singaporean consumers to directly experience the sweet, juicy, and distinctive charm of Taiwan’s mango pineapples.
In addition to the featured fruits, Taiwanese floriculture emerged as a major highlight of the event. Premium Taiwanese Phalaenopsis (moth orchids) adorned the official Vesak Day banquet venue, with their elegant shapes, diverse colors, and exceptional longevity, proudly demonstrating the global competitiveness of Taiwan’s orchid industry in breeding and cultivation. Concurrently, Taiwanese Oncidium orchids—also known as dancing lady orchids—were seamlessly integrated into the decor at Fo Guang Shan (Singapore). This harmony of floral artistry and festive space beautifully presented a refined, elegant, and culturally rich aesthetic image of Taiwanese agriculture.
The Ministry of Agriculture noted that Singapore is Taiwan’s 9th-largest export market for agricultural products, with the export value reaching USD 130 million in 2025 (Year 114), making it a vital hub for Taiwan’s expansion into Southeast Asia and global high-end markets. The “Taiwan International Plant-Based Festival” is far more than a standard agricultural promotion; it is a premium brand showcase centered on plant-based dining, sustainable agriculture, and exquisite fruits and flowers. Through these festive experiences, culinary applications, and curated exhibitions, the initiative aims to deepen the Singaporean market’s recognition of and appreciation for Taiwanese agricultural products.
Hashtag: #MinistryofAgriculture #YMSpring
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Vinpearl Expands Partnerships In The Philippines, Strengthening Brand Presence Across Southeast Asia
The MoUs were signed during the Vietnam–Philippines Business Forum, held as part of the official visit by Party General Secretary and President Tô Lâm to the Republic of the Philippines.
The partnership with CAITO aims to enhance Vinpearl’s brand awareness within the Philippines’ travel trade community while creating additional opportunities to develop hospitality, entertainment and MICE offerings in Nha Trang, Phu Quoc and Da Nang. CAITO is currently one of the Philippines’ leading tourism organizations, with an extensive network of travel businesses across the region.
With Klook, one of Asia’s leading travel experience platforms, Vinpearl and VinWonders aim to expand their strategic collaboration across distribution, communications and tourism promotion in key international markets, particularly the Philippines and broader Southeast Asia. The partnership is expected to expand the presence of the Vinpearl–VinWonders ecosystem in major international markets, while further elevating Vietnam’s tourism image across global travel and digital media platforms.
Ms. Ngo Thi Huong, Chief Executive Officer of Vinpearl, shared: “Through these agreements in the Philippines, alongside a series of partnership initiatives in Thailand and Singapore, Vinpearl aims to drive high-quality inbound tourism to Vietnam, strengthen connectivity among ASEAN markets, and enhance the competitiveness of Vietnam’s tourism industry. With an integrated ecosystem spanning hospitality, entertainment, golf, and commercial services, Vinpearl remains committed to pioneering world-class experiences that contribute to positioning Vietnam as a leading destination in the Asia-Pacific region.”
Mr. Michelle Ho, Chief Executive Officer of Klook Philippines, said: “Vinpearl currently operates one of the region’s most distinctive tourism and entertainment ecosystems, with strong capabilities in integrating hospitality, theme parks and premium leisure experiences. We believe our partnership with Vinpearl will further enhance the appeal of Nha Trang, Phu Quoc and Da Nang among travelers across the region.”
Previously, during its business engagements in Thailand and Singapore, Vinpearl also entered into MoUs with Agoda, AirAsia MOVE, BeMyGuest and GlobalTix to expand international distribution channels for its hospitality, resort and travel experience offerings.
Together with the agreements established in the Philippines, this series of partnerships with leading regional players across aviation, travel trade, digital tourism, and travel distribution reflects Vinpearl’s ongoing efforts to build a comprehensive international market development network across Southeast Asia.
Beyond expanding its partner ecosystem, these collaborations provide a foundation for Vinpearl to strengthen its presence in key markets, engage more effectively with international travelers, and enhance the competitiveness of Vietnam’s tourism industry within the region.
Hashtag: #Vinpearl
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About CAITO
CAITO (Calabarzon Alliance of Independent Tour Operators, Inc.) ONE CALABARZON is an association of independent travel businesses and tourism partners in the Philippines, established in 2020. With a rapidly expanding member network and close collaboration with the Philippines Department of Tourism (DOT), CAITO has become one of the country’s most dynamic tourism organizations, playing an active role in tourism promotion, business connectivity and international collaboration, particularly in the areas of MICE and B2B. The organization is anchored in a vision to promote Philippine destinations, tourism products, cultural heritage, cuisine, and services while strengthening the country’s tourism identity through collaboration, shared promotion, and collective growth.
About Klook
Klook is one of the leading travel experience platforms in the Asia-Pacific region, offering attractions, tours, transportation, accommodation, and travel services on a global scale. To date, Klook has recorded more than 65 million bookings across over 200 markets, supporting more than 40 payment methods alongside e-ticketing services and 24/7 customer support.
The platform currently operates a community of more than 30,000 content creators across 88 markets, helping promote tourism and inspire exploration for millions of travelers worldwide.
About Vinpearl
Vinpearl is Vietnam’s leading tourism, hospitality and entertainment brand, currently operating 60 properties across 20 provinces and cities nationwide. Its ecosystem includes a network of five-star hotels and resorts with more than 17,500 rooms; 16 VinWonders theme parks offering a wide range of attractions for all audiences; six world-class golf courses; and three international-standard convention centers and theaters under the VinPalace brand. The ecosystem also features two semi-wildlife conservation and care parks, an equestrian academy, and million-dollar live-action shows in Nha Trang and Phu Quoc, attracting millions of visitors each year.
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HKUST Announces the Appointment of Prof. King Li as the Founding Dean of Medicine
Following a rigorous global search, Prof. Li was selected for his exceptional track record in academic leadership, medical education, and biomedical innovation, as well as his unique experience in founding a new medical school.
Prof. Li previously served as Founding Dean of the Carle Illinois College of Medicine at the University of Illinois Urbana-Champaign (UIUC) from 2016 to 2021—one of the world’s pioneering engineering-based medical schools. During his tenure, he played a pivotal role in developing a technology-oriented curriculum, recruiting founding faculty, and building academic-clinical partnerships. Under his leadership, the College’s early graduating cohorts achieved a 100% pass rate in licensing examinations, reflecting the outstanding quality and rigorous standards of the programme.
An internationally distinguished physician-scientist and biomedical innovator, Prof. Li currently holds the titles of Dean Emeritus and Professor Emeritus at the Carle Illinois College of Medicine, as well as Adjunct Professor of Radiology at Stanford University School of Medicine. His career spans leading institutions including Stanford University, the U.S. National Institutes of Health, Weill Cornell Medical College, Wake Forest School of Medicine, and UIUC. He holds a Doctor of Medicine (with Honours) from the University of Toronto and an MBA from San José State University.
Prof. Li’s appointment comes at a pivotal moment as HKUST advances its plans to establish a new School of Medicine. The School will offer a four-year graduate-entry MBBS programme, with its inaugural cohort expected to commence in the 2028/29 academic year.
His experience aligns closely with HKUST’s vision to develop a future-ready medical school that integrates clinical excellence with engineering, data science, and emerging technologies. His proven approach to training physician-innovators—combining strong clinical foundations with interdisciplinary expertise—will provide a robust foundation for the School’s development, while being adapted to HKUST’s unique strengths in science and technology.
Known for his commitment to interdisciplinary collaboration, Prof. Li has consistently bridged fields such as radiology, bioengineering, computer science, and nanotechnology—an approach that will be instrumental in shaping HKUST’s innovative model of medical education.
Beyond medical education, Prof. Li is a highly accomplished innovator. He is a Fellow of the US National Academy of Inventors and has received the Gold Medal of the Association of University Radiologists. He is also a Fellow of several leading professional bodies, including the American College of Radiology, the American Institute for Medical and Biological Engineering, and the International Society for Magnetic Resonance in Medicine. He holds 20 issued patents across the United States, Australia, and Europe, and has founded a company based on his translational research.
Prof. Harry SHUM, Chairman of HKUST Council, said, “I would like to extend my warmest welcome to Prof. Li on his appointment as our Founding Dean of the School of Medicine. His proven expertise and experience are invaluable to the University as we plan to develop a distinctive model of medical education for the future. We have full confidence in his exceptional leadership in spearheading our medical school, which is one of the most significant undertakings in HKUST’s 35‑year history. The Council is committed to giving its support to ensure the success of the School.”
Prof. Nancy IP, President of HKUST, said, “Prof. Li brings a rare combination of founding dean experience, academic excellence, and a forward-looking vision for technology-driven medical education. His leadership will be central to building a medical school that is globally competitive, locally relevant, and impactful for Hong Kong and the wider region. We warmly welcome Prof. Li to the University and look forward to his leadership in the establishment of the HKUST School of Medicine, as well as in shaping a new generation of medical professionals and advancing innovation in healthcare. I also extend our sincere appreciation to the Search Committee, chaired by Ms. Edith SHIH (Vice-Chairperson of the Council), and its members including Prof. FOK Tai-Fai and Prof. Raymond LIANG for their dedication and diligence in completing this important international recruitment process.”
Prof. King Li, Founding Dean of the School of Medicine, said,”I am deeply honoured to be appointed as the Founding Dean of HKUST’s new School of Medicine. Returning to Hong Kong—where my roots are—to take on this role at HKUST and having the chance to give back through the place I grew up, is deeply meaningful to me. HKUST has a remarkable track record of turning bold visions into reality, and I am excited to build a medical school that reimagines physician training through the integration of engineering, data science, and biomedical innovation. Drawing on my experience and working closely with our partners in Hong Kong and the Greater Bay Area, I look forward to nurturing a new generation of physician-innovators who will transform healthcare for the benefit of patients and society.”
Born and raised in Hong Kong, Prof. Li brings with him a strong personal commitment to advancing Hong Kong as an international hub for medical education and innovation. He has long-standing ties with the local academic and medical communities.
The University community is expected to provide its full support to Prof. Li as he expands partnerships with teaching hospitals, the government, industry, and the global medical community, and further strengthens connections with the Greater Bay Area and other regions.
Hashtag: #HKUST
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About The Hong Kong University of Science and Technology
The Hong Kong University of Science and Technology (HKUST) (
https://hkust.edu.hk/) is a world-class university known for its innovative education, research excellence, and impactful knowledge transfer. With a holistic and interdisciplinary pedagogy approach, HKUST was ranked 6th in the QS Asia University Rankings 2026, 3rd in the Times Higher Education’s Young University Rankings 2024, and 19th globally and 1st in Hong Kong in the Times Higher Education’s Impact Rankings 2025. Eleven HKUST subjects were ranked among the world’s top 50 in the QS World University Rankings by Subject 2026. In addition, in the Times Higher Education World University Rankings by Subject 2026, HKUST’s Computer Science discipline which encompasses areas such as artificial intelligence and machine learning, has been ranked No. 1 in Hong Kong for ten consecutive years. Our graduates are highly competitive, consistently ranking among the world’s top 30 most sought-after employees. In terms of research and entrepreneurship, over 80% of our work was rated “internationally excellent” or “world leading” in the Research Assessment Exercise 2020 of the Hong Kong’s University Grants Committee. As of May 2026, HKUST members have founded over 1,900 active start-ups, including 11 Unicorns and 22 exits (IPO or M&A).
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