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The eight ASEAN cement-producing member countries, at the AFCM Special Council meeting in Kuala Lumpur, Malaysia, unanimously the election of Dr. Chana Poomee, Chairman of TCMA to hold AFCM Presidency from 2025-2027.

TCMA’s longstanding commitment and tangible progress in advancing Thailand’s cement industry toward net-zero carbon emissions by 2050 have been recognized by all sectors as a role model in various aspects. TCMA’s initiatives and actions, including the Thailand 2050 Net Zero Cement and Concrete Roadmap, the successful promotion of low-carbon hydraulic cement, an innovative ecosystem the Public-Private-People Partnership (PPP) model-SARABURI SANDBOX LOW CARBON CITY, the partnership with local cement manufacturers and prestigious international organizations, have set a benchmark for sustainable industry practices.

“I am deeply honoured by the trust placed in me by all AFCM member countries, who have unanimously voted for Thailand through TCMA to assume this leadership role for ASEAN Federation of Cement Manufacturers (AFCM). During my tenure, Mr. Montri Nithikul will serve as AFCM Secretary-General, with TCMA Office acting as the AFCM Secretariat, ensuring close coordination among member countries with the support of TCMA members to push carbon reduction initiatives and advance ASEAN’s cement industry toward a low-carbon future,” said Dr. Chana.

Four Key Strategies for AFCM towards Decarbonization

Dr. Chana outlined the direction of his work as the AFCM President, which requires coordination from all eight member countries by associations in each country, include 1) Brunei represented by Heidelberg Materials Butra Sdn Bhd, 2) Indonesia represented by Indonesia Cement Association, 3) Malaysia represented by the Cement and Concrete Association of Malaysia, 4) the Philippines represented by Cement Manufacturers’ Association of the Philippines, 5) Singapore represented by Cement and Concrete Association of Singapore,
6) Vietnam represented by Vietnam National Cement Association, 7) Thailand represented by Thai Cement Manufacturers Association or TCMA, and entering into new membership
8) Cambodia represented by Cambodian Cement Manufacturing Association.

The following four strategic priorities for the next two years have been set to guide AFCM’s efforts in decarbonization, considering each of the eight-member country’s policies, regulatory frameworks, and level of readiness.

1. Accelerate the Development of the AFCM Decarbonization Roadmap, establishing a structured framework for AFCM member countries to collaborate with their respective governments in reducing carbon emissions within the cement industry.
2. Regional integration for collective action, leveraging the unique strengths and capabilities of each AFCM member countries to ensure a unified and dynamic approach to sustainable industry practices while keeping abreast with global trends.
3. Strengthen Cooperation with ASEAN, enhancing cooperation with government is the key mechanisms for progress.
4. Engaging with world-class organizations, i.e. the Global Cement and Concrete Association (GCCA), the United Nations Industrial Development Organization (UNIDO), Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH., and the World Economic Forum, etc. to facilitate technology transfer, innovation, and access to green funding for decarbonization projects in ASEAN.

Dr. Chana reiterated that his tenure as AFCM President presents a pivotal opportunity for Thailand to convince the regional cement industry toward a shared decarbonization goal through the co-created AFCM Decarbonization Roadmap. This mission will require comprehensive policy support, cross-sector collaboration and implementation, and collaborative action from cement manufacturers in each AFCM member country by aligning with world-class best practices, the effort will be able to achieve tangible progress, ensuring long-term competitiveness and sustainability.
Hashtag: #TCMA #ThaiCementManufacturersAssociation

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

Strengthening Global Trade Financial Solutions

NEW YORK, US – Media OutReach Newswire – 24 February 2025 – XTransfer, a leading global B2B cross-border trade payment platform, continues solidifying its regulatory presence in the United States by acquiring five new payment licenses in Illinois, Iowa, New Mexico, Idaho, and South Carolina. This milestone follows the company’s recent expansion into New Hampshire, the District of Columbia, Utah, Georgia, and Arizona, further enhancing its ability to serve businesses engaged in global trade.

This recent development builds upon XTransfer’s existing success in the United States market, bolstering its capacity to support local SMEs navigating the complexities of international trade—particularly with China, which remains a linchpin of global supply chains.

The move comes as U.S. SMEs increasingly rely on Chinese suppliers and markets despite geopolitical tensions. According to the U.S. Census Bureau, bilateral trade between the U.S. and China reached $758 billion in 2024, with electronics, machinery, and consumer goods dominating exchanges. Yet, SMEs often face hurdles in cross-border payments, including compliance risks, currency conversion inefficiencies, and delayed settlements.

Alice Yao, Chief Risk Officer and Co-Founder of XTransfer, emphasized the strategic timing of the expansion: “The acquisition of these licenses underscores our commitment to bridging financial gaps for SMEs engaged in global trade and it also means our financial solutions are designed to simplify cross-border transactions while ensuring full compliance with U.S. regulations.”

With these new licenses, XTransfer now holds 13 payment licenses across various states in the United States, further solidifying its commitment to meeting the highest standards of compliance and security in the financial industry. It can now onboard local SMEs in 18 states, offering cross-border remittances to global market. This also makes XTransfer a crucial enabler for American SMEs looking to tap into China’s vast manufacturing ecosystem, which accounts for nearly 30% of global output, according to the World Bank.

The expansion also reflects broader trends in U.S.-China commerce. While tariffs and export restrictions have reshaped some trade flows, SMEs still depend on Chinese suppliers for cost competitiveness and scale. A 2024 National Small Business Association survey revealed that 68% of U.S. SMEs importing goods rely on Chinese suppliers, with cross-border payment friction cited as a top operational hurdle.

XTransfer’s infrastructure addresses these pain points through partnerships with institutions like J.P. Morgan, DBS Bank, Barclays and Deutsche Bank, offering multi-currency clearing and AI-driven anti-money laundering systems. Its platform reduces the costs in global trade by up to 10%, and accelerates processing times—a critical advantage for SMEs balancing tight margins.

XTransfer’s global financial infrastructure is designed to meet the unique needs of SMEs, offering secure, fast, and cost-effective cross-border payment solutions. Through partnerships with leading financial institutions such as J.P. Morgan, DBS Bank, Deutsche Bank, and Barclays, XTransfer has built a robust multi-currency clearing network and an advanced anti-money laundering risk control system powered by data and technology.

“For SMEs, trade with China isn’t optional—it’s economic reality,” said Michael Carter, an American customer from XTransfer. “Platforms like XTransfer are becoming essential intermediaries for us, offering the seamless payment experience that traditional banks often lack.”

Founded in 2017, the company is headquartered in Shanghai and has branches in Hong Kong SAR, the United Kingdom, the United States, Canada, Australia, Singapore, Vietnam, Thailand, Malaysia, the Philippines, the UAE, Nigeria, etc. The company remains committed to expanding its global footprint and strengthening partnerships worldwide.

As XTransfer eyes further growth in Latin America, Africa, the Middle East and Southeast Asia, its U.S. expansion signals a broader mission: Making SME financial services simple and accessible.

Hashtag: #XTransfer #Crossborder #US #Payment #License #SMEs

https://www.xtransfer.com/
https://www.linkedin.com/company/xtransfer.cn/
https://x.com/xtransferglobal
https://www.facebook.com/XTransferGlobal/
https://www.instagram.com/xtransfer.global/

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Bupa introduces a prestigious VHIS plan with enhanced protection, personalised health concierge services, and dedicated health expertise for those who seek the best

HONG KONG SAR – Media OutReach Newswire – 24 February 2025 – For people in Hong Kong who want to safeguard what matters most with a plan that goes beyond, Bupa is now welcoming a new Voluntary Health Insurance Scheme (VHIS) plan into its portfolio: the Global Prestige VHIS Plan (Signature).

As a leader in the insurance industry, Bupa stands out by providing extensive options within its VHIS plans. Developed under the established requirements of the Hong Kong Government’s VHIS, Global Prestige VHIS Plan (Signature) is a premium VHIS-certified plan which invites customers into a prestigious network of care that is connected, making it seamless and convenient for customers. Global Prestige VHIS Plan (Signature) offers comprehensive benefits, bespoke assistance, and enhanced protection in Hong Kong and worldwide—all in line with Bupa’s commitment to deliver seamless, integrated healthcare experiences.

Global Prestige VHIS Plan (Signature) not only adheres to the well-defined standards of the Scheme but also goes above and beyond to deliver personalised support across cutting-edge digital tools and caring in-person provision. The plan’s ample benefits and features[i] include:

• Extraordinary full coverage up to a high annual benefit limit, with no lifetime benefit limit at the standard private room level worldwide, for more peace of mind
• A unique flat premium within specific age groups up to 69 years old, for easier planning of finances
• A dedicated Care Manager to support customers through treatment and recovery
• An expansive range of optional benefits, including clinical, dental and optical, so customers can tailor their plan to meet personalised needs
• Daily wellness tools to promote early intervention and lasting health, via the Blua Health app
• Cashless service at designated private hospitals and Bupa appointed clinics in Hong Kong, for a more seamless and convenient healthcare experience
• Direct support to help book appointments, choose a care facility or find a second opinion
• Deductible waivers for cancer treatment so expenses are covered straightaway
• Enhanced cover including unknown pre-existing conditions
• Free access to 24/7 medical support via Bupa’s Worldwide Assistance Programme

Yuman Chan, General Manager of the Bupa Insurance Business in Hong Kong, said, “As the insurer in Hong Kong purely dedicated to health, with leading positions across health insurance and health services, Bupa is ‘Together for Your Health’ and can exclusively cater to discerning VHIS healthcare customers who seek robust coverage and round-the-clock assistance. Under Bupa’s Connected Care commitment, customers have access to a well-rounded team that is available to help customers navigate their unique healthcare journey, wherever it may lead.”

The enhanced benefits of Global Prestige VHIS Plan (Signature) are made possible by Bupa Insurance and Quality Healthcare to jointly serve customers as one united team across both health insurance and health provision, powered by the digital health app Blua Health. “Together for Your Health” is Bupa’s promise to work as one seamless team of specialists and professionals to create a connected healthcare journey.

Yuman added, “Global Prestige VHIS Plan (Signature) is an investment in long-term health, offering stability, reliability and flexibility for evolving needs. Staying healthy is the greatest commitment we can make to ourselves and our family. As Hong Kong’s healthcare specialist, we are proud to use our credibility and expertise to deliver an enhanced VHIS plan which connects customers to deeply coordinated care and interactive wellness support, no matter where in the world they may be.”

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[i] This product summary is intended for reference only. Please refer to the Policy for detailed coverage, general exclusions, terms and conditions.

Hashtag: #Bupa #VHIS #GlobalPrestige #ConnectedCare

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

Bupa – A health insurance specialist

Bupa is an international healthcare group dedicated to helping people live longer, healthier, happier lives and making a better world for over 70 years. We serve more than 38 million customers worldwide. With no shareholders, we reinvest our profits into enhancing healthcare for the benefit of current and future customers.

Bupa has been a health insurance specialist in Hong Kong since 1976, offering one-stop solutions across domestic and international health insurance, and healthcare services. Our comprehensive medical insurance schemes are tailored to meet individual needs, and we provide health solutions for companies of all sizes. We also have a team of registered nurses, health management professionals, and doctors who provide various expert healthcare support.

Our healthcare provision arm, Quality HealthCare Medical Services (QHMS), became part of Bupa in October 2013. QHMS offers Western Medicine, Traditional Chinese Medicine, Diagnostics & Imaging, Dental, Physiotherapy, Mental Health and Wellness services via a network of over 1,650 provider service points in Hong Kong.

For more information, visit www.bupa.com.hk/en/.

Customers can take advantage of significant savings while experiencing industry-leading protection and peace of mind, with features like crystal-clear 4K video, two-way audio, night vision, and AI-powered detection.

The Recommended Retail Price repositioning will include the key products as shown in the table below (in HKD).

Arlo understands the importance of feeling secure in your own home and believes that no one should compromise safety during times of economic uncertainty. By lowering the R.R.P. of security cameras, Arlo aims to ease the financial pressures on families while providing them with the reliable security solutions they need.

Security cameras are now available for purchase at the Recommended Reduced Retail Prices on the Arlo website and through authorised retailers.

For more information, visit www.arlo.com/asia/.

Hashtag: #Arlo

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

Arlo Technologies, Inc.

Arlo is an award-winning, industry leader that is transforming the ways in which people can protect everything that matters to them with advanced home, business, and personal security solutions. Arlo’s deep expertise in AI- and CV-powered analytics, cloud services, user experience and product design, and innovative wireless and RF connectivity enables the delivery of a seamless, smart security experience for Arlo users that is easy to set up and interact with every day. Arlo’s cloud-based platform provides users with visibility, insight, and a powerful means to help protect and connect in real-time with the people and things that matter most, from any location with a Wi-Fi or a cellular connection. Arlo has recently launched several categories of award-winning connected devices, software, and services. These include wire-free, smart Wi-Fi and LTE-enabled security cameras, video doorbells, floodlights, security system, and Arlo’s subscription services: Arlo Secure and Arlo Safe.

With a mission to bring users peace of mind, Arlo is as passionate about protecting user privacy as it is about safeguarding homes and families. Arlo is committed to implementing industry standards for data protection designed to keep users’ personal information private and in their control. Arlo provides enhanced controls for user data, supports privacy legislation, keeps user data safely secure, and puts security at the forefront of company culture.

Generali Hong Kong’s DE&I initiatives extend across LGBTQI+ inclusion, women empowerment, neurodiversity, disability support, and the impactful The Human Safety Net program. As part of the LGBTQI+ inclusion initiatives, a series of LGBTQI+ educational and awareness videos, successfully launched to foster a more inclusive society through engaging and heartfelt storytelling, has surpassed 5 million views and received overwhelmingly positive feedback.

LGBTQI+ is an initalism for Lesbian, Gay, Bisexual, Transgender, Questioning (or Genderqueer/Queer), and Intersex, while the “+” represents other diverse gender identities and orientations.

Launched just six months ago, the LGBTQI+ video series was originated by Generali Hong Kong and produced in collaboration with G Dot TV, a Hong Kong-based media platform dedicated to empowering the LGBTQI+ community. Throughout the production process, the series brought together community members and allies to share their authentic stories, shed light on the challenges they face and raise public awareness.

Globally, Generali supports LGBTQI+ inclusion through a range of initiatives, including its employee resource group (ERG), WE PROUD. This ERG is dedicated to promoting insight-sharing and fostering collaboration across Generali’s global markets. It also stimulates and supports local business units in their participation in Pride events and local initiatives. Its work is part of a broader strategy to create inclusive workplaces and communities, reflecting Generali’s ongoing commitment to DE&I.

Ady Law, Chief Distribution and Marketing Officer of Generali Hong Kong, shared, “At Generali Hong Kong, we are committed to fostering a workplace culture that encourages innovation, celebrates diversity, and empowers talent to thrive. This video series reflects Generali’s value of building an inclusive society where everyone feels valued and supported to express their true selves.”

Cammy Kwok, Director of G Dot TV, added, “We deeply appreciate Generali Hong Kong’s efforts to involve the community in producing this video series to promote diversity, equity, and inclusion. As a community-based media platform, we are committed to amplifying the voices of the LGBTQI+ community, and we are grateful that Generali Hong Kong shares our values. Throughout the production process, their team demonstrated a strong commitment to understanding the community’s needs and authentic stories, enabling us to connect with community members and public in meaningful ways. Their actions truly embody the spirit of diversity and inclusion.”

Generali Hong Kong’s efforts to create an inclusive workplace have been recognized with prestigious industry awards, including the Grand Award winner in the ‘Outstanding Corporate Social Responsibility’ category at the Hong Kong Insurance Awards, the Corporate Social Responsibility – Excellence Performance award at the Bloomberg Businessweek (Chinese Edition) Financial Institution Awards and the Top Insurance Employer by Insurance Business Asia.

Hashtag: #GeneraliHongKong

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

Generali Hong Kong

In 1981, Assicurazioni Generali S.p.A. was first registered as an authorised insurer in Hong Kong, with the business extending into the life insurance sector in 2016 with Generali Life (Hong Kong) Limited. With a combination of local knowledge and Generali Group’s global expertise, we develop unique and innovative life insurance, general insurance, specialty insurance, and employee benefits solutions to meet the needs of our customers.
www.generali.com.hk

Generali Group

Generali is one of the largest global insurance and asset management providers. Established in 1831, it is present in over 50 countries in the world, with a total premium income of € 82.5 billion in 2023. With around 82,000 employees serving 70 million customers, the Group has a leading position in Europe and a growing presence in Asia and Latin America. At the heart of Generali’s strategy is its Lifetime Partner commitment to customers, achieved through innovative and personalised solutions, best-in-class customer experience and its digitalised global distribution capabilities. The Group has fully embedded sustainability into all strategic choices, with the aim to create value for all stakeholders while building a fairer and more resilient society.

• PT Bukit Makmur Mandiri Utama (BUMA), a subsidiary of PT Delta Dunia Makmur Tbk (Delta Dunia Group, IDX: DOID), offers its inaugural Sukuk Ijarah, marking another historic milestone in its financial diversification strategy.
  
• The Sukuk, with a maximum amount of Rp2 trillion, is offered in three series with tenors of 370 days, 3 years, and 5 years, providing flexible investment options.
  
• Proceeds will be allocated evenly: 50% for heavy mining equipment and 50% for working capital, driving sustained long-term growth.
  
• BUMA has secured an A+ Syariah rating from Pemeringkat Efek Indonesia (Pefindo) and Fitch Ratings, underscoring its financial strength and operational stability.
  

JAKARTA, INDONESIA – Media OutReach Newswire – 24 February 2025 – PT Bukit Makmur Mandiri Utama (BUMA), the principal subsidiary of PT Delta Dunia Makmur Tbk (Delta Dunia Group, IDX: DOID), announces the offering of Sukuk Ijarah I BUMA 2025 (the Sukuk), its inaugural Sukuk. With a maximum amount of Rp2 trillion, the Sukuk offering marks another historic milestone in the Group’s financial diversification strategy, expanding the Group’s investor base into Sharia financial markets.

Sukuk, often referred to as an Islamic bond, is a Sharia-compliant financial instrument similar to conventional bonds but structured to generate returns from underlying asset performance instead of interest, ensuring adherence to Sharia financial principles. The Sukuk Ijarah I BUMA 2025 is offered in three series: Series A with a duration of 370-day tenor, Series B with a 3-year tenor, and Series C with a 5-year tenor, starting from the issuance date. Quarterly Ijarah Fee payments will begin on June 20, 2025, with final bullet payments upon maturity in March 2026, 2028, and 2030. The bookbuilding period takes place from February 24 to March 7, 2025.

Iwan Fuad Salim, Director of Delta Dunia Group, stated, “The offering of Sukuk Ijarah I BUMA 2025 marks another key milestone in our financing strategy, diversifying our financing sources while enhancing operational capabilities. The strong investor demand for our recently oversubscribed BUMA II 2024 Bond underscores confidence in BUMA’s financial strength and disciplined execution. The Sukuk offering further reinforces our credibility and ability to secure diverse funding sources for sustained growth.”

The global Sukuk market continues to expand, driven by rising demand for Sharia-compliant financial instruments and increased government and corporate issuances. Southeast Asia—particularly Indonesia and Malaysia—continues to be a key region, benefiting from a mature Sharia financial ecosystem, strong regulatory frameworks, and established financial institutions. With the global Sukuk market projected to surpass $1 trillion in outstanding assets by 2025, Indonesia is expected to play a major role in sustaining this momentum [1], offering significant opportunities for issuers and investors alike.

“By tapping into the growing Sharia financial market, the Group builds on its diversified financing sources, strengthens its capital structure, broadens its investor base, and reinforces its commitment to financial resilience and operational excellence,” Iwan added.

BUMA successfully secured an A+ Syariah rating from PT Pemeringkat Efek Indonesia (Pefindo) and Fitch Ratings, reflecting the company’s financial stability and low default risk profile.

Silfanny Bahar, Director of BUMA, added, “The proceeds from Sukuk Ijarah I BUMA 2025 will be strategically allocated to support BUMA’s long-term growth in Indonesia—50% for capital expenditures, particularly heavy equipment, and 50% for working capital. This initiative strengthens financial resilience while ensuring operational efficiency. BUMA is committed to seizing this momentum to enhance its overall competitive advantage. With a well-defined strategy that expands into mine ownership, commodities, and diversified financing sources, we remain confident in generating long-term value for our stakeholders.”

The Sukuk Ijarah I BUMA 2025 offering is supported by leading arrangers PT BCA Sekuritas, PT BNI Sekuritas, and PT Sucor Sekuritas, with PT Bank Rakyat Indonesia as the trustee.

[1] https://www.fitchratings.com/site/pr/10296561
Hashtag: #DeltaDuniaGroup

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

About PT Delta Dunia Makmur Tbk (Delta Dunia Group):

Established in 1990, PT Delta Dunia Makmur Tbk (Delta Dunia Group) is a prominent holding company operating in Indonesia, Australia, and USA. Our principal subsidiary, PT Bukit Makmur Mandiri Utama (BUMA), is a leading provider of mining services to some of the largest miners in Indonesia and Australia (through BUMA Australia Pty Ltd). In June 2024, through PT Bukit Makmur Internasional (BUMA International), it acquired Atlantic Carbon Group, Inc. (ACG) and became the leading producer of ultra-high-grade anthracite in the USA, further strengthening the Group’s global footprint in the mining industry.

In 2023, Delta Dunia Group expanded its portfolio with the addition of two new subsidiaries: PT Bukit Teknologi Digital (BTech), developing AI deep learning technologies to improve operational efficiency, reduce emissions, and minimize Occupational Health and Safety (OHS) operational risks and PT BISA Ruang Nuswantara (BIRU), a social enterprise dedicated to education, vocational schools, and fostering circular economy.

Listed on the Indonesia Stock Exchange (IDX Code: DOID), Delta Dunia Group is headquartered in Jakarta, Indonesia, and is supported by a workforce of over 16,000 employees across Indonesia, Australia, and USA. In June 2024, Delta Dunia Group was recognized among the Top 200 in the inaugural FORTUNE Southeast Asia 500 rankings, a prestigious list that identifies the region’s largest companies by revenue.

M.L. Nathasit Diskul, President of Bangkok Aviation Fuel Services Public Company Limited (BAFS), stated that BAFS and its subsidiaries (BAFS Group) demonstrated robust and consistent business growth in 2024, leading to the company’s first profitable year since the COVID-19 outbreak in 2019, with a net profit of THB 102.9 million—a 175% increase from the previous year. This growth was primarily attributed to a surge in aviation fuel refueling volume, which reached 5.047 billion liters, exceeding expectations, along with a significant increase in northern pipeline oil transportation to 1.226 billion liters. These factors drove total revenue to THB 3.507 billion, reflecting a 14% year-over-year increase, in line with the recovery of the tourism sector. EBITDA also grew by 21% year over year, reaching THB 1.594 billion.

In Q4 2024, BAFS Group recorded total revenue of THB 955.4 million, a 19% year-over-year increase, with EBITDA of THB 343.9 million, supported by higher gross profits resulting from increased aviation fuel sales. Operating expenses rose by 1% while net finance costs decreased by 9% due to scheduled debt repayments to financial institutions and lower interest rates on commercial bank loans. The company recognized a Q4 loss due to a fair value adjustment of its investment in a Japanese power plant and an impairment of goodwill from a domestic power plant. Additionally, it wrote off deferred tax assets (DTA) that were deemed unlikely to be utilized in the future. These accounting adjustments had no cash flow impact and resulted in a Q4 net loss attributable to shareholders of THB 49.8 million.

Following its strong performance in 2024, the Board of Directors approved a dividend payout of THB 0.30 per share for 2024. This includes an interim dividend of THB 0.10 per share, paid on September 3, 2024, and a final dividend of THB 0.20 per share, scheduled for payment on May 22, 2025. The final dividend is subject to approval at the company’s 2025 Annual General Meeting.

BAFS Group will continue its commitment to sustainable growth in 2025, targeting an 8% revenue increase. With over THB 1 billion allocated for strategic investments, the company will collaborate with partners to explore new business opportunities while enhancing Thailand’s energy transportation infrastructure. A key project is the extension of the northern oil pipeline connecting Ang Thong and Saraburi led by BAFS Pipeline Transportation Co., Ltd. Construction is set to begin in Q1 2025, with commercial operations expected to commence in 2026. Once completed, the total length of the pipeline system will exceed 726 kilometers, making it the longest and most advanced oil transportation pipeline in Thailand and the longest in Southeast Asia.

Amid the ongoing energy transition and its challenges, BAFS Group remains committed to sustainable value creation and energy security. The company’s five-year strategic plan (2025-2029) focuses on three key pillars. The first pillar, Solid Financials for Uplifting Asia, involves expanding investments across Asia, leveraging BAFS Group’s capabilities to seek investment and growth opportunities in the Asian market. Two key contributors are BAFS INTECH Co., Ltd., which is driving the expansion of the aviation refueling truck market in Southeast Asia, and BAFS Clean Energy Corporation Co., Ltd., which is currently advancing investments in Mongolia.

The second pillar, Sustainability and Governance for a Thriving Future, focuses on supporting the transition of society and the aviation industry to a sustainable energy era, primarily by preparing for the adoption of sustainable aviation fuel (SAF). Last year, BAFS began SAF refueling services at Samui and Suvarnabhumi International Airports and recently obtained ISCC-CORSIA certification in the logistic center scope for its aviation fuel storage and refueling stations at Don Mueang and Suvarnabhumi Airports.

The third pillar, Re-imagining the Future of Work for Human Empowerment, emphasizes building a future-ready workforce by enhancing employees’ skills in generative AI and digital literacy to ensure adaptability to changes. BAFS is also assessing and preparing its IT infrastructure to provide employees with secure and convenient access to generative AI tools to boost efficiency.

Hashtag: #BAFS #BAFSGroup

https://www.bafsthai.com
https://th.linkedin.com/company/bafsthai
https://www.facebook.com/BAFSGROUP

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

The Study UK Alumni Awards are a testament to the power of education and collaboration in tackling common challenges and finding lasting solutions to these.

The 2025 Awards celebrated winners across four categories, each recognising the transformative impact of UK-educated Singaporean professionals:

• Business and Innovation Award – Wen Si Chow, for promoting inclusion and equal opportunities for women in the STEM industry.
• Culture and Creativity Award – Chong Soon Khong, for significant contributions to Singapore’s creative music landscape.
• Science and Sustainability Award – Stephanie Choon Xia Liaw, for impactful work in energy transition and sustainability.
• Social Action Award – Shalom Lim Ern Rong, for exceptional efforts in driving inclusion and positive change in society.

UK universities consistently excel in world rankings, with four featured in the 2025 QS World University Rankings top ten. The strength, depth and diversity of the UK higher education sector – from small conservatoires to large metropolitan universities – has always attracted students from all parts of the world, including close to 7000 students from Singapore who choose to pursue higher education in the UK every year.

The Study UK Alumni Award winners exemplify the value of their world-class UK education, using their expertise to drive innovation, address pressing challenges, and contribute to Singapore’s progress.

Speaking at the event, H.E. Nik Mehta OBE, British High Commissioner to Singapore, commended the awardees: “All four Singapore winners inspire me because they are making a difference to our world in fields ranging from science and sustainability to culture, social engagement, and business innovation. Their stories illustrate how higher education can be a life-changing experience – shaping minds, values, ambitions, and futures”.

On 9 August 1965, the UK was the first country to establish diplomatic relations with the newly independent Singapore. As Singapore celebrates its 60^th birthday this year, the 2025 Awards hold special significance, underscoring the profound and enduring

educational and cultural ties between the UK and Singapore, cemented over these 60 years.

As Lissy Vadakel, Country Director for British Council Singapore, commented: “Through these Awards, we celebrate the achievements of outstanding UK alumni in Singapore. This is also an occasion for us to come together as a community, with at least one commonality: in one way or another, be that through our educational experiences, our professional lives, or our personal and social connections, we are part of the Singapore-UK fabric”.

The High Commissioner also reflected on the lasting impact of UK-educated Singaporeans in growing and strengthening bilateral relations: “At the heart of our countries’ partnership are our people, who have forged lifelong professional and personal connections in our communities. These ties contribute to the mutual trust and understanding between our countries today and will do so for years to come”.

The British Council remains committed to supporting and celebrating the aspirations of UK alumni worldwide, ensuring their achievements continue to inspire future generations.

For the editor

Recipients of Study UK Alumni Awards Singapore 2025

BUSINESS AND INNOVATION AWARDS

Hashtag: #BritishCouncilSingapore

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

About the British Council

The British Council is the UK’s international organisation for cultural relations and educational opportunities. We support peace and prosperity by building connections, understanding and trust between people in the UK and countries worldwide. We do this through our work in arts and culture, education and the English language. We work with people in over 200 countries and territories and are on the ground in more than 100 countries. In 2022–23 we reached 600 million people.

www.britishcouncil.org

Redefining Cake Shopping with Advanced Technology

As retail trends shift towards technology-driven solutions, Cakebar emerges as a fresh contender with its automated cake kiosk, aiming to make a dent in the confectionery market. At its core, this transformative kiosk integrates advanced IT and engineering solutions with robust security measures, including long-distance remote monitoring, real-time alerts, and CCTV surveillance, along with continuous online tracking of refrigeration temperatures to ensure optimal food safety and quality.

Extending beyond the boundaries of typical cake shopping experiences, Cakebar’s technology-driven service is fully integrated with online ordering. Eliminating traditional shopping constraints, this self-pickup service offers unmatched convenience, allowing customers to skip the queues, order and pick up their cakes and desserts anytime—day or night. With a simple online ordering process, customers can choose the 24/7 pickup option at Cakebar Katong and retrieve their orders on-site in a few taps. Whether it’s a same-day pickup for orders placed before 2PM, or a next-day pickup, Cakebar ensures that every celebration or spontaneous craving is met with ease.

Enhancing Convenience with Future Service Innovations

Celebrated for its pioneering technology and creative solutions, Cakebar is set to further enhance its proprietary 24-hour service model by introducing a self-service vending machine. This future addition aims to provide not only cake pickups but also a selection of celebration essentials, such as party plates, flowers, and greeting cards—all available around the clock.

Anticipating future expansions, this Singaporean-run company is exploring ways to extend this innovative service model across its entire network of outlets, potentially offering the full customer experience 24/7 at all its locations—unmanned. This move highlights Cakebar’s ongoing efforts to marry baking with cutting-edge service innovation, anticipating new convenient ways to satisfy local customer needs in the confectionery space.
Hashtag: #Cakebar

https://cakebar.com.sg/
https://www.facebook.com/Cakebar.fb/
https://www.instagram.com/cakebar.instag/

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

Cakebar

Cakebar is a distinguished artisan cake shop specialising in premium cakes and pastries that delight the senses with every bite. Renowned for its indulgent creations, Cakebar offers a diverse selection of desserts crafted with the finest ingredients. This online cake shop also ensures seamless home delivery across Singapore, catering to every celebration and craving, with four outlets offering either grab-and-go or dine-in options. For more information, please visit: https://cakebar.com.sg/

Delivering unrivalled experiences with its thin and light design, the largest inner screen of any book-style foldable, class-leading battery life and next-generation AI-powered performance, Find N5 redefines foldable excellence.

Thin, Light, and Durable

The OPPO Find N5 is the world’s thinnest book-style foldable, measuring just 8.93mm and weighing only 229g. It combines premium design with a secure, tailored grip, featuring flat sides and a contoured metal frame. The Cosmos Ring design highlights the Hasselblad Master Camera System. Offered in Cosmic Black and Misty White, it is the first foldable with IPX9 water resistance. Its 7000-series aluminum alloy frame and ultra-durable nanocrystal glass enhance structural integrity and drop resistance.

Two Large Displays

The OPPO Find N5 features the largest inner display of any book-style foldable, measuring 8.12″ when open, and a 6.62″ cover display with a 20.7:9 ratio when closed. Its Dual Shielded Flexible Screen offers nine layers, increasing impact resistance by 70%. With a smooth 1-120Hz refresh rate, over 2000 nits peak brightness, and TÜV Rheinland’s Minimized Crease Certification, the Find N5 provides an immersive, high-performance experience. Additionally, the device supports OPPO Pen for enhanced creativity.

The Best Battery Life of Any Foldable

The OPPO Find N5 boasts the best battery life of any foldable phone, thanks to its 5600mAh dual-cell battery and next-gen OPPO Silicon-Carbon Battery. With 80W SUPERVOOCTM and 50W AIRVOOCTM charging, it charges quickly, providing hours of usage in minutes. Wireless charging is supported with an OPPO magnetic case.

Power, Privacy and Photography

The first foldable to launch with a Qualcomm Snapdragon 8 Elite Mobile Platform, Find N5 boasts exceptional AI performance with a 45% boost from its Hexagon NPU. Its versatile Hasselblad Master Camera System includes a 50MP periscope camera for tele-macro shots, while Hasselblad Portrait Mode and Dolby Vision 10-bit video ensure stunning photography and video quality.

Ultra-Smart Big-Screen Experiences

Launching with Android 15, Find N5 will receive five years of security updates for long-lasting peace of mind and will be powered by ColorOS 15, bringing the latest generation of OPPO experiences and AI capabilities to foldables. It features Boundless View for multi-tasking, AI Search[1] for efficient searches, AI Call Summary for transcribing and summarizing calls, and dual-screen translation for seamless communication. With AI tools like AI Eraser, AI Clarity Enhance, and AI Unblur, photo editing is easier than ever.

ColorOS 15 also introduces Circle to Search[2] with Google. Just circle to search anything on your phone, without switching apps. And with the Google Gemini[3] app, your AI assistant from Google, you can get help learning in new ways, writing emails, planning events and more.

Next-Level Cross-OS Support

OPPO bridges the gap between MacOS computers and Find N5.

With the O+ Connect app for Mac installed, seamlessly share photos, videos and files with super fast speed across devices. O+ Connect even supports remote access, so you can easily pull files from your computer to your Find N5 remotely, or take control of your Mac interface when on the go and your Mac is miles away. Touch to Share also delivers one-touch sharing and receiving from iOS and iPadOS devices with your ColorOS smartphone.

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About OPPO

OPPO is a leading global smart device brand. Since the launch of its first mobile phone – “Smiley Face” – in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find and Reno series. Beyond devices, OPPO also provides its users with ColorOS operating system and internet services. OPPO has footprints in more than 70 countries and regions, with more than 40,000 employees dedicated to creating a better life for customers around the world.