Business

Hong Kong: Independent committee to conduct comprehensive and in-depth review following major fire

HONG KONG SAR – Media OutReach Newswire – 2 December 2025 – The Hong Kong Special Administrative Region (HKSAR) Government is going all out to support victims and investigate the cause of a massive fire that engulfed seven out of eight high-rise residential blocks at Wang Fuk Court in Tai Po, Hong Kong, on November 26. The tragedy prompted an …

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XTransfer Launches Industry-First Whitepaper on Unified Global B2B Trade Settlement and Risk Control Network

HONG KONG SAR – Media OutReach Newswire – 2 December 2025 – XTransfer, World’s Leading B2B Cross-Border Trade Payment Platform, announces the publication of the industry’s first Unified Global B2B Trade Settlement Network and Risk Control Platform Whitepaper (the “X-Net Whitepaper”). The whitepaper presents an end-to-end framework designed to resolve long-standing inefficiencies in B2B cross-border payments and establish a secure, …

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Africa Finance Corporation Raises Record US$524m in Dual-Currency Samurai Loan Facility

LAGOS, NIGERIA – EQS – 2 December 2025 – Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has closed a landmark US$524 million equivalent dual-currency Samurai term loan facility. The transaction marks AFC’s largest Samurai loan to date and reinforces the Corporation’s growing footprint in Japan’s capital markets amid rising investor confidence in its credit fundamentals. The …

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AIA Hong Kong Expands Support for Customers Impacted by the Tai Po Fire with an Additional HKD20 Million to Ease Financial Pressures and Maintain Protection, Bringing Total Assistance to HKD40 Million

HONG KONG SAR – Media OutReach Newswire – 2 December 2025 – Following last week’s HKD20 million donation for emergency relief and community recovery efforts, AIA Hong Kong is now allocating an additional HKD20 million to further demonstrate solidarity and provide dedicated support to customers and their families during this challenging time. With a total of HKD40 million in financial …

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Hang Lung Opens Application for Transitional Accommodation Program from HK$11 Million Relief Fund for Tai Po Wang Fuk Court Residents

Hang Lung Group Limited (SEHK stock code: 00010) has been engaged in real estate development since 1960. Through its subsidiary Hang Lung Properties Limited (SEHK stock code: 00101), the Group manages a portfolio of over 3.5 million square meters of retail, office, residential, and hotel properties across Hong Kong and mainland China. The Group’s diverse portfolio in Hong Kong includes …

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UnionPay International Pilot Launches Cross-Border QR Payment Program Between China and Vietnam

HANOI, VIETNAM – Media OutReach Newswire – 2 December 2025 – In December 2025, UnionPay International (UPI) and the National Payment Corporation of Vietnam (NAPAS) officially launched a pilot program for cross-border QR payments connecting China and Vietnam. This program aims to further enhance the mobile payment experience for Chinese tourists in Vietnam and foster closer economic, trade, and cultural …

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SOZO and KADOKAWA Announce Major Strengthening of Strategic Alliance to Expand Japanese Pop Culture Experiences in Asia

SINGAPORE – Media OutReach Newswire – 2 December 2025 – SOZO Pte Ltd has announced a major milestone in its strategic alliance with KADOKAWA Corporation (KADOKAWA), as a consolidated subsidiary of KADOKAWA’s global group network. This collaboration will strengthen efforts to bring high-quality Japanese pop culture experiences to fans across Asia, combining SOZO’s expertise in large-scale event production with KADOKAWA’s …

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German Adventurer Selects Taipei as Her 80th Destination, Praising Safety and Cultural Depth

TAIPEI, TAIWAN – Media OutReach Newswire – 2 December 2025 – German explorer Jana Alessa Bittner, currently on a solo mission to visit all 197 countries and become the youngest German woman to achieve this milestone, recently selected Taipei as the 80th stop on her global journey. Her early November visit highlighted the city’s reputation as a safe, welcoming and …

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ACES Awards 2025 Day Two Celebrates Asia’s Most Visionary Leaders and Transformational Institutions

BALI, INDONESIA – Media OutReach Newswire – 2 December 2025 – The ACES Awards 2025 concluded its two-day celebration in Bali with Day Two shining a spotlight on Asia’s most inspiring leaders, transformative institutions, and organisations driving meaningful impact across the region. ACES Awards 2025 Day Two Honours Asia’s Most Inspiring Leaders in Bali While Day One focused on sustainability …

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SCG Partners with Rondo Energy To Launch ‘Southeast Asia’s First Industrial Heat Battery’, Unlocking 24-Hour Clean Energy Storage for Industry

BANGKOK, THAILAND – Media OutReach Newswire – 2 December 2025 – SCG, through its subsidiary SCG Cleanergy, has joined hands with Rondo Energy, a leading U.S. developer of industrial heat battery technology, to launch Southeast Asia’s first industrial heat battery at SCG’s cement plant in Saraburi Province. This breakthrough innovation enables continuous 24-hour clean energy storage and usage in industrial …

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