Media OutReach
Singapore Residents’ Year End and Lunar New Year Travel Spending Hit New Highs: Visa
Shopping and Dining Remain Top Spend Categories during December Year-End Travel
Visa’s data highlights that shopping and dining remain top priorities for Singapore travellers, accounting for 61 per cent of their travel spend, while lodging and airline bookings saw strong year-on-year growth as consumers plan ahead for travel. Retail spend recorded a 14 per cent year-on-year increase, while spending on restaurants and fast food surged by 27 and 30 per cent, respectively. These figures underscore the enduring appeal of overseas shopping and dining experiences for Singapore travellers.[1]
Malaysia, Japan, and Thailand have emerged as the leading travel corridors for cross-border outbound spending, closely followed by South Korea and Australia during the year-end holidays last year. The implementation of visa-free travel to China has significantly boosted travel demand, resulting in an 86 per cent year-on-year increase in travel spend in China. This reflects a broader trend of increased regional travel, facilitated by relaxed entry requirements and strong economic ties.
Malaysia has always been the top travel destination for Singapore residents all-year round. Based on Visa’s International Travel platform, the top cities that Singaporeans visited include Kuala Lumpur, Johor Bahru, Cameron Highlands, Bangkok, Bali and Kota Tinggi (Johor). Last year, Singapore travellers’ card spending in Japan also grew 138 per cent compared to pre-pandemic levels.[2]
Visa’s data also highlighted the evolving destination preferences for Singapore residents. Compared to December 2023, Japan and Thailand have secured their place as key travel destinations, while long-haul markets such as the UK, US, and France continue to attract high-spending travellers. South Korea and Thailand are also emerging as healthcare-driven travel destinations, with increasing numbers of Singapore residents seeking medical services abroad. In fact, South Korea saw a 58 per cent rise in healthcare-related travel spending.
Japan and Thailand experienced the highest travel spend growth, recording 42 and 29 per cent year-on-year increase respectively. Meanwhile, Malaysia saw the strongest growth in food and groceries spending at 75 per cent year-on-year, reinforcing its position as a key travel and consumption hub.
“Travel continues to be a key category of spend for Visa cardholders in Singapore. Based on a Visa study[3], travel is a top priority for Singapore travellers, surpassing other big-ticket spending items such as vehicles, property, healthcare and luxury goods in terms of importance. This finding is aligned with what we’re seeing from our data, where there is strong cross-border spend growth during year-end and festive periods. We continue to see interest in consumers using cards that can earn airline miles for their spend, and other propositions such as zero FX and multi-currency offerings. With the vast data that we see, we can work with our partners to share these key insights and create relevant benefits for our cardholders, making the payment experience seamless and secure when they travel and pay with Visa”, said Adeline Kim, Visa Country Manager for Singapore & Brunei.
As travel planning becomes more strategic, Singapore travellers are making early bookings to manage costs and secure better deals. Spending on alternative airline carriers, including European and Middle Eastern airlines, rose by 15 per cent year-on-year, indicating a growing preference for diverse flight options. In addition, online lodging bookings increased by 16 per cent year-on-year in December last year.
Top travel destinations during Lunar New Year holiday similar to year-end of 2024
The top travel destinations during this year’s Lunar New Year holiday are similar to the year-end break, with the exception of Indonesia taking the fourth spot, replacing South Korea. During the Lunar New Year holiday week, Singapore travellers took the opportunity to spend the week travelling, with a strong spike in cross-border spend at 22 per cent growth compared to the week of Lunar New Year in 2024. eCommerce spend also grew by close to 30 per cent compared to the previous year during the festive period, showing that people were spending more to purchase online, given this year’s Lunar New Year coincides with February 2.
Malaysia continues to be the top travel corridor, with payments volume growing at 57 per cent compared to the previous Lunar New Year week. The top growing category in Malaysia was jewellery stores, showing over 220 per cent growth compared to the previous year. Japan comes in second as a preferred destination for Singaporeans. During this ski season, Visa saw a 36 per cent growth on cross-border spend compared to the same festive period the year before. Thailand’s healthcare spend also grew at over 59 per cent.[4]
[1] VisaNet data as of December 2024 and December 2023
[2] Visa International Travel Platform- data as of Q2 – 2024
[3] Visa Green Shoots Radar Survey 2024 (June)
[4] VisaNet data as of CNY week in 2025 (27 January – 2 February) compared to CNY week in 2024 (10-16 February).
Hashtag: #Visa
The issuer is solely responsible for the content of this announcement.
About Visa
Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at www.visa.com.sg
Media OutReach
From PolyU Research to Geneva Global Debut: GOOD Vision oka³y! ™ Redefines Precision in Freeform Orthokeratology
Beyond Traditional Toric Lenses: The Future of Freeform Orthokeratology
With myopia expected to affect 50% of the world’s population by 2050, demand for effective management is high. While Ortho-K is a highly effective strategy, traditional symmetric and spherical/ toric designs often underestimate corneal shape complexity, causing lens decentration and poor visual outcomes.
The oka³y!™ freeform technology, incorporating the company’s proprietary FAST-360 and CORe Technology, surpasses traditional lens design. AI-based FAST-360 reconstructs missing corneal data for faster scans, while CORe ensures precise alignment with the visual axis, leading to 3.1 times greater stability.
Precision Myopia Correction and Control for High Astigmatism and Asymmetric Corneas
For optometrists and clinic owners, oka³y!™’s key benefit is improving workflow by automating complex mathematics, cutting chair time by 64%. This boosts myopia management capacity without extra staff or lengthy training. “As a registered optometrist in Hong Kong and a researcher in one of the world’s leading optometric institutes, I witnessed a growing gap between the number of patients seeking Ortho-K and the limited range of conventional products available to treat them,” says Dr. Kin Ho Chan, Ken, the lead inventor of oka³y!™. “By focusing on the ‘3A’: AI-guided, Astigmatism, and Asymmetry, and working alongside The Hong Kong Polytechnic University (Poly U), we have developed a design that not only delivers superior vision but also enhances safety by reducing corneal staining. We are turning a frustrating, manual trial-and-error process into a predictable one-click adjustment.”
From Niche Specialty to Global Enterprise: Scaling the Future of Eye Care
As myopia rates reach epidemic levels, GOOD Vision partners with PolyU, harnessing its research strengths and support from its startup ecosystem PolyVentures, to redefine primary eye care by transforming a niche specialty into a scalable global enterprise. By replacing manual OK lens design with oka³y!™, the company has created a technology bridging clinical complexity and scalability. This transition enables practitioners to manage myopia, high astigmatism, and asymmetrical cases precisely, removing barriers to modern refractive error management.
“By embedding and automating the complex mathematics of lens design, we provide clinicians with the tools to treat ‘difficult’ patients who were previously considered unsuitable for Ortho-K,” added Professor Chea-su Kee, Founder of GOOD Vision. “This is about elevating the global standard of care and ensuring that precision myopia management is accessible to the next generation on a global scale.”
Experience the Future of Myopia Control
GOOD Vision invites investors, distributors, and practitioners to a live demonstration of the oka³y!™ at the International Exhibition of Inventions Geneva:
- Location: PolyU Delegation Booth, Hall 2, Palexpo, CP 112, Route François-Peyrot 30, 1218 Le Grand-Saconnex, Geneva, Switzerland
- Dates: 11–15 March 2026
Hashtag: #GOODVision
The issuer is solely responsible for the content of this announcement.
About GOOD Vision Technologies Co., Limited
GOOD Vision, a Hong Kong-based startup nurtured by PolyU, is dedicated to advancing the field of corneal reshaping technologies. With a focus on innovation, efficiency, and affordability, the company develops innovative solutions to empower eye practitioners and enhance the quality of eye care worldwide.
For additional details about GOOD Vision and their innovative offerings, please visit https://www.linkedin.com/company/goodvisiontech
Central Landmark Set for Revitalization with International Expertise
HONG KONG SAR – Media OutReach Newswire – 9 March 2026 – In a vote of confidence in Hong Kong’s vibrant and enduring business environment, Nexxus Building, a landmark Grade‑A commercial property in Central’s prestigious CBD, has been acquired by a leading figure in the technology sector. Trivium Asset Management (“Trivium”), an Asian real estate investment and asset management firm, has been appointed as Nexxus Building’s Asset Manager (“AMC” or Asset Management Company), taking charge of the asset’s comprehensive management and operations.
Under new ownership, Nexxus Building is set to undergo a forward‑looking transformation integrating next‑generation technologies with world‑class professional management. The revitalization aims to redefine the building’s market positioning, enhance its tenant experience, and reinforce its status as an iconic and premier Grade‑A property in the heart of Hong Kong’s CBD.
Leveraging Trivium’s extensive expertise, the enhancement programme will incorporate smart‑building management systems and sustainability‑driven upgrades designed to meet the evolving needs of global tenants. The reimagined Nexxus Building aims to attract financial institutions, fintech platforms, and technology enterprises, reaffirming Central’s position as Asia’s dynamic financial and innovation hub.
Mr. Wilfred Ma, Managing Partner of Trivium Asset Management, said, “Trivium is honored to be entrusted with the role of Asset Manager (“AMC” or Asset Management Company) for Nexxus Building, one of Hong Kong’s most iconic commercial landmarks. Drawing on our track record in real estate investment and operations across Hong Kong and Japan, we are committed to implementing forward‑thinking strategies that enhance tenant value, optimize building performance, and unlock Nexxus Building’s full potential as a commercial anchor in the city’s core.”
Originally built in 1962 as the former headquarters of Hang Seng Bank, Nexxus Building has been a witness to Hong Kong’s rise as a global financial centre. Following a major renovation in 2008 and the addition of a direct footbridge to IFC and the Airport Express in 2020, the building continues to host multinational corporations, leading financial institutions and professional services firms, and premium retail tenants – including the iconic Hong Kong Bankers Club – reinforcing its status as one of Central’s most distinguished Grade‑A office towers.
Hashtag: #TriviumAssetManagement
The issuer is solely responsible for the content of this announcement.
About Trivium Asset Management
Founded in 2022, Trivium Asset Management is a Hong Kong‑based real estate investment and asset management firm overseeing assets valued at over US$900 million across Asia. Trivium serves institutional investors, financial institutions, and family offices through integrated investment and asset management, value‑creation strategies, and technology integration. The firm’s mission is to maximize long‑term value and promote sustainable growth for clients and communities alike.
Media OutReach
HOFA Announces the Second Edition of the Digital Art Awards, in Collaboration with Exhibition Partner PhillipsX in Hong Kong, proudly backed by Lightyear
The awards ceremony will take place on 24 March 2026, featuring the four key categories of Still Image, Moving Image, Innovation and Experiential and followed by a private sale exhibition hosted by Phillips in Hong Kong, from 25–28 March 2026.
As a highlight of Hong Kong’s spring art calendar, the awards celebrate the growing cultural significance of digital art and spotlights the visionary artists redefining visual culture through cutting-edge technologies.
Thirty two international finalists will be selected for their work pushing the boundaries of digital creativity. Each of the four category winners will receive a $10,000 USDC commission towards a new artwork.
The thirty two finalists include several prominent figures in digital and generative art, such as Erick Calderon (Snowfro) Founder of Art Blocks, Botto, Sarah Meyohas, William Mapan, Sasha Stiles and Mario Klingemann – underscoring the calibre of talent the awards are already attracting with over two hundred applications across more than fifty countries.
Refik Anadol is nominated for the Honorary Career Award for Sense of Healing, an AI Data Sculpture that emerges from Refik Anadol Studio’s long-term research into creating meditative art based on neurological data.
Finalists and winners will be selected by a panel of leading experts in art, hospitality and technology, including Irini Mirena Papadimitriou, Exhibitions Director at Diriyah Art Futures, Thomas Heyne, Co-Founder and CEO at Scorpios, Dorothy di Stefano, Art Curator and Creative Strategist at Molten Immersive Art, Danielle So, Hong Kong Head of Auction, Modern & Contemporary Art, Phillips, Sebastien Borget, Co-Founder & Global of The Sandbox, SANDchain, President of Blockchain Game Alliance and Co-Founder of Artverse, Jean-Michel Pailhon, Co-Founder and Chief Investment Officer at Grailcapital, Simonida Pavicevic, Co-Founder and Curator at HOFA, Justin Gilanyi, Founder of WhereArt.Works and Curator at SILK, and Matt Zhang, Founder and Managing Partner at Hivemind Capital.
The Digital Art Awards are proudly backed by Lightyear, a subsidiary of Hivemind Digital Group. A full-stack digital culture partner, Lightyear provides infrastructure, liquidity and market expertise, and hands-on delivery for digital ownership and engagement across physical and digital experiences. Lightyear is committed to championing artists and organizations pushing the boundaries of digital culture.
Hashtag: #HOFA #PhillipsX
The issuer is solely responsible for the content of this announcement.
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