Hundreds of Countries, Thousands of Cities, Ten Thousand Events’ Cloud Taiji Global Flash Mob Held at Wudang Mountain in Shiyan, China

Source: Media Outreach

SHIYAN, CHINA – Media OutReach Newswire – 22 March 2026 – On March 21, the world’s first “International Taijiquan Day,” jointly organized by the Wushu Sports Administration Center of the General Administration of Sport of China, the Chinese Wushu Association, the Hubei Provincial Department of Culture and Tourism, the Hubei Provincial Sports Bureau, and the Shiyan Municipal People’s Government, officially opened. As one of China’s four main venues, Shiyan staged a themed performance at Wudang Mountain under the banner “Wudang of the World; Taiji for Humanity,” and simultaneously launched the “Hundreds of Countries, Thousands of Cities, Ten Thousand Events” Cloud Taiji global flash mob, inviting Taijiquan enthusiasts worldwide to perform Taiji together and witness this historic moment.

At 9:00 a.m., nearly a thousand guests, inheritors and Taiji culture enthusiasts from across China and abroad gathered at the foot of Wudang Mountain. Landmark sites around the world—Times Square in New York, the Eiffel Tower in Paris, the Sydney Opera House, the Egyptian Pyramids, and others—joined via video link to “dance the charm of Taiji” in unison. Taijiquan practitioners of all ages, genders and ethnicities synchronized to lift the creatively conceived global flash mob “Hundreds of Countries, Thousands of Cities, Ten Thousand Events.” Correspondingly, Yuzhen Palace—covering nearly 60,000 square meters—was transformed into a sea of Taiji: 1,000 practitioners dressed in white performed the nine postures of Wudang Taijiquan together, creating an unprecedented global relay of Taiji culture and a crossocean cultural resonance, vividly illustrating the profound meaning of ” civilizations have become richer and more colorful with exchanges and mutual learning.”

That day also saw the global release of the “Meet Wudang; Practice Taiji” Wudang Taiji Nine Postures tutorial video, with live demonstration by Yang Qunli—Chinese wushu 9thgrade, creator of the Wudang Taiji Nine Postures, and representative inheritor of the provincial intangible cultural heritage Wudang martial arts project. The Taiji cultural performances included a grand thousandperson Taiji exhibition, the combined songandmartial performance “Taiji of the World Meets Wudang,” the martialrooted “Quest for Wudang,” a Wudang Taiji costume show and global release of design results, and the strongly traditional “Ode to Wudang Taiji,” together offering the world a splendid Taiji cultural feast.
On November 5, 2025, the UNESCO General Conference designated March 21 as “International Taijiquan Day.” This is the first UNESCO international day named for a martial art, marking Taijiquan—an invaluable part of Chinese traditional culture—as formally recognized global shared cultural heritage.

Wudang Mountain is an important birthplace of Taiji culture. Today, Wudang has established 57 martial arts promotion centers domestically and internationally, attracting over 3 million Taijiquan practitioners from more than 150 countries and regions as “foreign disciples,” and helping promote Taijiquan practice to over 500 million people worldwide. Every year tens of thousands of international visitors come to Wudang to study, practice martial arts and pursue health. Shiyan has successively hosted large events including the International Wudang Taiji Culture Festival, the Wudang Taiji International Fellowship Competition, the World Taijiquan Health Conference, and the World Traditional Wushu Festival.

In recent years, Shiyan has leveraged Wudang Taiji cultural heritage to accelerate breakthroughs in Hubei tourism and Wudang development, extend industrial chains, and vigorously develop industries such as pilgrimage tourism and ecological wellness. The city is building globally influential tourism products and internationally aligned tourism environments, forging “Wudang of the World, Taiji for Humanity” into an important emblem of Chinese traditional culture in external exchanges. At the same time, Shiyan is actively promoting public Taijiquan classes into communities, schools, government agencies and enterprises so that this thousandyearold martial art “enters ordinary households.”

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

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/22/hundreds-of-countries-thousands-of-cities-ten-thousand-events-cloud-taiji-global-flash-mob-held-at-wudang-mountain-in-shiyan-china/

Watch: Nicola Willis visits fuel import terminal at Marsden Point

Source: Radio New Zealand

Finance Minister Nicola Willis on Sunday afternoon will be visiting Channel Infrastructure’s Marsden Point Energy Precinct.

The visit comes amid fears of an energy crisis, with the global price of oil skyrocketing in the wake of the US and Israel’s attack on Iran.

Iran’s response has included threatening ships passing through the Strait of Hormuz, a key channel for the transportation of fuel exports from the Middle East, and strikes on US-friendly neighbours’ energy infrastructure.

Marsden Point is New Zealand’s fuel import terminal, and until 2022 also had an oil refining facility. New Zealand now relies on imported refined fuels, without a facility to refine raw products.

Senior coalition politicians are at odds over whether the facility should have been closed.

Marsden Point. RNZ / Peter de Graaf

Willis told Morning Report on Friday price increases were extremely tough and affecting all New Zealanders, but some were feeling it more than others.

“I can’t solve the pain for everyone. The cost of doing that would potentially involve levels of spending that would drive inflation higher, and certainly would put us in a more fragile position in terms of debt.

“So what we are looking at, is there something very targeted and temporary that we could do to assist those workers in particular who are most acutely impacted by these household budget squeezes?”

IRD and Treasury have been asked to come up with a package that could be implemented with urgency ahead of the Budget.

Willis will talk to the media at 2pm – watch it live here.

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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://livenews.co.nz/2026/03/22/watch-nicola-willis-visits-fuel-import-terminal-at-marsden-point/

Shellfish biotoxin warning for Canterbury

Source: NZ Ministry for Primary Industries

New Zealand Food Safety is advising the public not to collect or consume shellfish gathered from the northern side of Banks Peninsula due to the risk of paralytic shellfish toxins causing illness, says New Zealand Food Safety deputy director general Vincent Arbuckle.  

The warning extends from New Brighton to the northern side of Hickory Bay. As the weather changes, this bloom could spread wider.  

“Do not gather and eat shellfish from this area because anyone doing so could get sick. Affected shellfish include bivalve shellfish such as mussels, oysters, tuatua, pipi, toheroa, cockles and scallops, as well as pūpū (cat’s eyes) and Cook’s turban.  

“It’s important to know that cooking the shellfish does not remove the toxin, so shellfish from this area should not be eaten.”  

 A visible bloom at the head of Port Levy has extremely high numbers of paralytic shellfish toxin producing algae.  

“We are monitoring this algal bloom in Port Levy and the wider area. This algae, called Alexandrium pacificum, produces a dangerous toxin and when shellfish filter-feed, these toxins can accumulate in their gut and flesh. Generally, the more algae there are in the water, the more toxic the shellfish get.”  

Symptoms of paralytic shellfish poisoning usually appear within 10 minutes to 3 hours of eating and may include:  

  • numbness and a tingling (prickly feeling) around the mouth, face, hands, and feet  
  • difficulty swallowing or breathing  
  • dizziness and headache  
  • nausea and vomiting  
  • diarrhoea  
  • paralysis and respiratory failure and, in severe cases, death.

Shellfish biotoxin alerts

“Pāua, crab and crayfish may still be eaten if the gut has been completely removed prior to cooking, as toxins accumulate in the gut. If the gut is not removed, its contents could contaminate the meat during the cooking process.   

“Finfish are not affected by this public health warning, but we advise gutting the fish and discarding the liver before cooking,” says Mr Arbuckle. 

New Zealand Food Safety has had no notifications of associated illness.  

Anyone who becomes ill after eating shellfish from an area where a public health warning has been issued should phone Healthline for advice on 0800 61 11 16, or seek medical attention immediately. Please also contact your nearest public health unit and keep any leftover shellfish in case it can be tested.  

“New Zealand Food Safety is monitoring shellfish in the region and will notify the public of any changes to the situation,” says Mr Arbuckle.   

Commercially harvested shellfish – sold in shops and supermarkets or exported – is subject to strict water and flesh monitoring programmes by New Zealand Food Safety to ensure they are safe to eat.

Find out more  

Shellfish biotoxin alert webpage

Subscribe toshellfish biotoxins to receive email alerts

See signage in the affected area  

Podcast about shellfish contamination

Collecting Shellfish and Keeping Them Safe [PDF, 3.2 MB]

Causes and symptoms of toxic shellfish poisoning

About toxic algal blooms

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/22/shellfish-biotoxin-warning-for-canterbury/

Mahurangi oyster farmers call for more transparency on Watercare’s compensation calculations

Source: Radio New Zealand

Mahurangi Oysters owner Jim Aitken. Nick Monro

A group of North Auckland oyster farmers are calling for more transparency on how Watercare came to its final calculation on compensation over a sewage spill into the Mahurangi River last year, that contaminated tens of thousands of oysters during the businesses’ peak season.

Wastewater poured into the Mahurangi River for over 17 hours, after a power surge tripped up the pumps at Watercare’s Warkworth Street wastewater plant in late October.

Reviews found that a faulty surge protection component at the plant meant the pumps could not restart, and a critical overflow alarm that was not working had delayed the discovery of the overflow.

Watercare estimated that half of the 1200 cubic metres of overflow went into the Mahurangi River, while the remaining was contained to the plant.

It announced on Thursday its last tranche of compensation payment – $750,000 – for Mahurangi oyster famers and the wider aquaculture industry, which came on top of the $2 million already paid to eight affected oyster farms.

It said part of the $750,000 was for a ninth oyster farmer who made a subsequent claim, and part of it would go towards Aquaculture New Zealand (AQNZ) for it to distribute to all impacted oyster farmers.

AQNZ, representing the affected farmers, said the “full and final settlement” did not cover lost income, cancelled sales, reputational harm and ongoing disruption to production.

An AQNZ spokesperson said the organisation was offered half a million in the final round of compensation, but had not accepted the money yet, as it felt Watercare had not made it clear how that money should be used.

Its CEO Teena Hale-Pennington said in a statement that farmers needed to see how Watercare assessed the losses and reached those final figures.

“At this stage, neither AQNZ nor individual farmers have received the independent assessment findings for their farms, nor information outlining the assumptions used in Watercare’s assessment.

“Without access to this material, farmers are unable to fully understand how assessments were undertaken or how conclusions were reached,” she said.

Meanwhile, Watercare maintained that its processes were robust.

“We commissioned an independent loss assessment to understand the financial impact of the October event on oyster farmers, resulting in the farms being shut down by MPI (Ministry for Primary Industries) during a critical part of their harvesting season.

“This process has informed Watercare’s approach to resolving the claims,” said its chief operating officer Mark Bourne, who added that the total compensation covered the losses attributed to the event.

Watercare chief operating officer Mark Bourne. Jessie Chiang

Hale-Pennington said it was frustrating that Watercare’s decision had been described as final, without the agreement of those most affected.

Tim Aitken, whose family business – Mahurangi Oysters – lost a large portion of its 80,000 dozen of oysters following the event, said they had been treated “like muppets” by Watercare.

“They haven’t entered into the conversation in a transparent way, they’ve treated us quite badly, I believe,” he said.

Aitken said he and other oyster farmers have handed Watercare five years’ worth of income and expenditure, in the hope of entering into a transparent negotiation.

Aitken said none of Watercare’s assessors had chatted with him in person about how they came to those compensation figures.

He said the $200,000 he received in compensation was just enough to cover staff wages.

Aitken said the reputational damage and ongoing impacts such as the loss of clients, were not being factored into the compensation.

“We sell weekly to chefs, and we sell fresh oysters, so everytime we get closed we lose a chef, we lose a restaurant because we can’t guarantee supply.

“Our business right now is hanging on, but only just,” he said.

Aitken said these days, they were struggling to sell oysters due to the lost trust by their clients.

“People now talk to us and say ‘we don’t wanna buy your oysters, they’re the ones that are in the shit harbour’.”

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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/03/22/mahurangi-oyster-farmers-call-for-more-transparency-on-watercares-compensation-calculations/

Fitch outlook reaffirms case for fiscal discipline

Source: New Zealand Government

Global economic volatility makes the Government’s programme of fiscal consolidation more important than ever, Finance Minister Nicola Willis says.

“Fitch Rating’s decision to place New Zealand’s AA+ long-term credit rating on negative outlook is a reminder of why fiscal discipline is so important. 

“Over the past two years, this Government has pursued a balanced fiscal strategy – lifting investment in frontline services like health, education, and law and order, while charting a credible path back to surplus. That has required hard decisions: $43 billion of savings across the last two Budgets, with further savings planned in Budget 2026.

“The Government remains committed to achieving its three fiscal goals – reducing spending as a proportion of GDP, returning the headline operating balance measure to surplus and bending the debt curve down. 

“Treasury’s preliminary economic forecasts — prepared before the latest volatility in the Middle East — showed New Zealand’s economic recovery gaining momentum, with growth of around 3 per cent by early 2027 and a corresponding improvement in revenue that would support a more positive fiscal outlook

“Those forecasts will now need to be revised. Energy market disruption adds real uncertainty, and that is precisely why careless spending is off the table.

“My focus remains on a balanced approach: investing in frontline services like health, education and law and order and keeping debt at prudent levels.

“Increasing borrowing, spending and debt, as some political parties have proposed, would damage New Zealand’s reputation for responsible fiscal management and lead to increased borrowing costs for all Kiwis.”

 

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/21/fitch-outlook-reaffirms-case-for-fiscal-discipline/

Wealth for Good in Hong Kong Summit to be held next Tuesday to chart new milestone in global family office succession

Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 20 March 2026 – The Government announced that the Wealth for Good in Hong Kong (WGHK) Summit will return next Tuesday (March 24). Under the theme “Building Lasting Legacies”, this year’s summit in its fourth edition highlights the wave brought by continuous growth of family office assets and generational wealth transition in recent years. In addition to serving as an exchange platform for overseas, Mainland and local family office decision-makers and successors, the WGHK Summit is also an occasion for them to experience firsthand how Hong Kong leverages its solid financial foundation to facilitate wealth succession and value appreciation.

Co-organised by the Financial Services and the Treasury Bureau and Invest Hong Kong (InvestHK), the WGHK Summit will once again convene influential family office decision-makers and successors from around the world in Hong Kong. Participants from Asia, Europe, the Americas, Oceania, the Middle East, and Africa will join attendees from the Chinese Mainland and Hong Kong in insightful sharing. This year’s summit is going to showcase Hong Kong’s profound strengths and development potential through three core themes: “Strategic Asset Management for Family Legacy”, “Cultural Value Foundation for a Thriving Market”, and “Smart Tech Innovation Driving Capital Appreciation”. A number of heavyweight speakers will inspire the participants with their visionary thinking on the future of the family office ecosystem.

Nowadays, quite a number of family offices are deepening their philanthropic endeavours. Taking advantage of Hong Kong’s diverse and vibrant philanthropic ecosystem, a special fireside chat on “Sports and Philanthropy” is set for the summit to explore how sports and philanthropy can work together to create positive value for society.

The Secretary for Financial Services and the Treasury, Mr Christopher Hui, said, “The global landscape is evolving fast these days with geopolitics getting more complex. There has never been a better time for hosting the WGHK Summit than now to give family offices looking for diversified allocation and risk dispersion an occasion to connect with each other and explore opportunities. Hong Kong offers a highly favourable development environment with numerous potential and predictability for family offices, underpinned by our diversified international financial markets coupled with resilience, robust and transparent legal and tax systems, world-class financial and professional services, and well-developed ecosystems for philanthropy, arts, and innovation. The WGHK Summit is a flagship event hosted by our Government to showcase to the global wealth owners the unique advantages of this city. We will continue to consolidate Hong Kong’s leading position as a family wealth hub in the Asia-Pacific region, and adopt a multipronged approach to keep fostering the development of the family office sector through measures in areas such as tax concessions, talent attraction, investment facilitation and building of an ecosystem. All these will make Hong Kong even more attractive in all aspects to global family capital, positioning this city as the most preferred platform for ultra-high-net-worth families worldwide to manage their cross-border wealth.”

The Director-General of Investment Promotion at InvestHK, Ms Alpha Lau, noted, “According to the latest market study, the number of single-family offices in Hong Kong surpassed 3 380 by the end of 2025, reflecting a growth of over 25 per cent in two years – a testament to Hong Kong’s attractiveness as a global family office hub. The WGHK Summit serves as a pivotal platform for Hong Kong to deepen connections with the global family office community and foster cross-border collaboration. Against the backdrop of increasing trend of reallocation of global capital toward Asia, alongside rising trade protectionism and geopolitical uncertainty, Hong Kong will continue to leverage its unique advantage of enjoying strong support from the motherland and being closely connected to the world. We will provide global families with a predictable, one-stop environment for establishing a presence and operating in Hong Kong, helping them capture growth opportunities on the Chinese Mainland and in Asia, and steadily advancing long-term investment and multi-generational succession through diversified asset allocation and professional risk management.”

The WGHK Summit will feature a distinguished line-up of guest speakers:

  • Dr Han Bicheng – Founder and Chief Executive Officer (CEO), BrainCo
  • Mr Maximilian Kaufmann – Representative of Major Shareholder of Leica Camera AG
  • Mr William Heinecke – Founder and Chairman, Minor International PCL
  • Mr François Pictet – Managing Partner, Pictet Group
  • Mr Yao Ming – Founder of Yao Foundation; Former Chairman of Chinese Basketball Association; NBA All-Star
  • Mr Qiu Heng – Chief Marketing Officer, AgiBot
  • Ms Irene Lee – Chairman, Hysan Development Company Limited
  • Dr Ren Feng – Co-CEO and Chief Scientific Officer, Insilico Medicine
  • Mr Wesley Ng – CEO and Co-founder, CASETiFY
  • Mr Winfried Engelbrecht-Bresges – CEO, The Hong Kong Jockey Club; and
  • Mr Michael Wilding – Group Chief Operating Officer, ZURU Group

Beyond the WGHK Summit, the Milken Institute and Bloomberg LP (Bloomberg) will also host the Global Investors’ Symposium (March 23) and the Family Office Forum (March 25) respectively in the same week, focusing on wealth management and global investment trends. The synergy generated by these three major forums will showcase Hong Kong’s unique charm in the family office landscape to the fullest to international capital, allowing participants to interact, exchange ideas, and explore opportunities together in Hong Kong.

Hashtag: #WGHK

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

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/21/wealth-for-good-in-hong-kong-summit-to-be-held-next-tuesday-to-chart-new-milestone-in-global-family-office-succession/

Phuket Strengthens Position as a Secure International Residential Destination for Global Families

Source: Media Outreach

Growing international demand, strengthened long-haul connectivity, and the continued evolution ofLaguna Phuket are reinforcing Thailand’s largest island as a stable, private, and internationally accessible place to live and invest.

PHUKET, THAILAND – Media OutReach Newswire – 20 March 2026 – Phuket’s evolution from a world-renowned holiday island into a mature international residential community is entering a new phase, supported by expanding long-haul connectivity and sustained global confidence in Thailand as a safe and welcoming destination.

The island has recorded consistent growth in long-term residents and international property buyers, reflecting a broader shift among globally mobile families seeking stability, quality of life and secure residency pathways. Phuket offers privacy, natural beauty and international-standard infrastructure within a country known for hospitality and political stability.

Thailand welcomed more than 35 million international visitors in 2025. Long-haul arrivals exceeded 11 million, rising 13% year-on-year and generating approximately 668 billion baht in tourism revenue. Despite short-term geopolitical fluctuations, long-term demand for Thailand as a stable and accessible destination has remained resilient.

Connectivity continues to strengthen with new direct long-haul services from Europe, including Paris, London and Scandinavia. Improved access is driving interest in extended stays, family relocation and residential investment, as visitors increasingly explore long-term living options.

Phuket offers international-standard healthcare, leading international schools, yacht marinas, championship golf courses and well-developed infrastructure. High-speed connectivity and direct air links to more than 80 cities ensure seamless access to global business and travel networks while maintaining privacy and lifestyle comfort.

Industry research ranks Phuket among the world’s leading destinations for branded residences, alongside Dubai, Miami and New York. Foreign buyers account for more than 60% of condominium purchases, underscoring sustained international confidence.

Thailand’s structured long-term visa framework provides renewable residency pathways for retirees, investors, entrepreneurs and remote professionals. For buyers of select premium residences, Banyan Group facilitates Thailand Elite long-term residency visas, offering multi-year entry privileges.

At the centre of this evolution is Laguna Phuket, developed by Banyan Group. Over 35 years it has grown into one of Asia’s most established integrated resort and residential communities. Spanning more than 1,000 acres along Bang Tao Beach, Laguna Phuket includes six hotels, an award-winning golf course, wellness facilities, RAVA beach club and more than 3,000 branded residences linked by scenic lagoons. Residents from over 70 nationalities call it home.

The next phase includes approximately 5,000 additional residences across Laguna Phuket and neighbouring Laguna Lakelands, reflecting sustained confidence in Phuket’s long-term residential future.

Banyan Group Residences, ranked fifth worldwide and number one in Asia in branded residences, plans to launch approximately US$1 billion in new residential projects in Phuket, reinforcing its commitment to the island’s continued development.

Phuket today represents more than a luxury retreat. It has matured into a secure, internationally integrated residential market offering stability, privacy and long-term clarity for globally minded families.

Hashtag: #BanyanGroup

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

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/21/phuket-strengthens-position-as-a-secure-international-residential-destination-for-global-families/

Phuket Sees Increasing Number of Americans Looking to Buy Property for Lifestyle and Investment

Source: Media Outreach

Growing international demand, strengthened long-haul connectivity, and the continued evolution ofLaguna Phuket are reinforcing Thailand’s largest island as a secure, globally connected and structurally mature place to live and invest.

PHUKET, THAILAND – Media OutReach Newswire – 20 March 2026 – Phuket’s transformation from a leisure destination into an established international residential market continues to gain momentum, supported by expanding air connectivity and rising interest from globally mobile investors and families.

The island has seen steady growth in long-term residents and international property buyers, reflecting a broader shift toward geographic diversification and lifestyle-driven asset allocation. Increasingly, Americans are exploring markets that combine quality of life with infrastructure reliability and clear long-term residency pathways.

Compared with many major U.S. coastal cities, Phuket offers significantly lower living costs while maintaining international-standard healthcare, hospitality infrastructure and strong global connectivity.

Thailand welcomed more than 35 million international visitors in 2025, including approximately 1.2 million from the United States. Long-haul arrivals exceeded 11 million, up 13% year-on-year and generating approximately 668 billion baht in tourism revenue, underscoring continued international confidence.

Thailand is accessible from the U.S. via major hubs including Tokyo, Seoul, Hong Kong, Singapore and Bangkok, with travel times comparable to many trans-Pacific routes. Expanding airline networks are further improving access through key Asian gateways.

Improved connectivity is driving interest in extended stays, remote work flexibility and international property ownership, with more visitors exploring long-term residency alongside leisure travel.

Phuket offers international-standard healthcare, leading international schools, yacht marinas, championship golf courses, premium retail and dining, and reliable high-speed connectivity. The island combines resort-style living with the infrastructure required for full-time residence.

Industry research ranks Phuket among the world’s leading destinations for branded residences, alongside Dubai, Miami and New York. Foreign buyers account for more than 60% of prime condominium purchases, reflecting broad global participation. Direct air links to more than 80 cities reinforce integration into global travel networks.

Thailand’s long-term visa framework provides renewable pathways for retirees, investors, entrepreneurs and remote professionals. For buyers of select premium residences, Banyan Group facilitates Thailand Elite long-term residency visas, aligning property ownership with multi-year entry privileges.

At the centre of this evolution is Laguna Phuket, developed by Banyan Group. Over 35 years it has grown into one of Asia’s most established integrated resort and residential communities. Spanning more than 1,000 acres along Bang Tao Beach, it includes six hotels, an award-winning golf course, wellness facilities, RAVA beach club and more than 3,000 branded residences. Approximately 5,000 additional residences are planned across Laguna Phuket and neighbouring Laguna Lakelands.

Banyan Group Residences, ranked fifth worldwide and number one in Asia in branded residences, plans to launch approximately US$1 billion in new residential projects in Phuket.

Phuket today represents more than a resort destination. It has matured into a stable, internationally integrated residential market offering infrastructure reliability and long-term growth potential for American families and investors seeking global diversification.

Hashtag: #BanyanGroup

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

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/21/phuket-sees-increasing-number-of-americans-looking-to-buy-property-for-lifestyle-and-investment/

China’s 2026 Government Work Report Indicates a New Cycle of Quality Enhancement for Commercial Real Estate Stock

Source: Media Outreach

Cushman & Wakefield Interpretation Report Highlights Eight Impact Areas for Real Estate Market

HONG KONG SAR – Media OutReach Newswire – 20 March 2026 – Global real estate services firm Cushman & Wakefield has released its China’s Two Sessions 2026: Interpreting the Government Work Report publication. Against a backdrop of increasingly complex domestic and international conditions, the 2026 government work report outlines more flexible and adaptive targets for national economic development. These policy directions will have a profound influence on the real estate sector. The market’s transition from focusing on incremental expansion to revitalizing and optimizing existing assets — combined with the accelerating integration of artificial intelligence across industries —will reshape market structures, redefine asset values, and reconfigure spatial development patterns in far-reaching ways.

Macroeconomic Stability Strengthens the Foundation for Commercial Real Estate Stabilization

China’s core economic targets for 2026 are clearly defined, with GDP growth set between 4.5%–5%, balancing the dual objectives of stabilizing growth and adjusting structure. This forms a strong macro foundation for the stabilization and gradual recovery of the commercial real estate sector. Between 2024 and 2025, GDP growth remained steady at around 5.0%. For 2026, the fiscal deficit ratio is maintained at a relatively high 4.0%, with RMB4.4 trillion in local special‑purpose bonds. The quota for ultra‑long‑term special treasury bonds is further expanded to RMB1.3 trillion. Coordinated fiscal and monetary policies will continue to support leasing demand recovery and improved business sentiment in the commercial property market.

Accelerated Industry Transformation Sees Quality Enhancement of Existing Assets Become the Core Theme

The report emphasizes a three‑pronged approach of “city‑specific policies to control new supply, reduce inventory, and improve quality”, while encouraging diverse channels to revitalize existing housing stock and advancing the construction of “good homes.” This marks an accelerated shift from incremental expansion to quality enhancement of existing assets. In 2024, China’s real estate value‑added as a proportion of GDP was just 6.3%, far below the 12.56% average of developed economies. This reflects a structural imbalance characterized by heavy investment in development and insufficient focus on services and leasing. The ongoing transition will make asset management, property services, and leasing operations increasingly central to asset valuation.

Consumption‑Driven Momentum Creates a New Growth Window for Retail Properties

Consumption‑boosting policies are injecting new vitality into the retail property market. The government work report allocates RMB250 billion of ultra‑long‑term special treasury bonds to support product upgrades and replacement, complemented by RMB100 billion in coordinated fiscal‑financial funds — creating a RMB350 billion consumption stimulus package. In 2025, China’s total retail sales of consumer goods exceeded RMB50 trillion, with per‑capita GDP reaching USD13,953, signaling a critical inflection point where service‑oriented consumption accelerates. With services currently accounting for just 46.1% of consumption, there remains significant room for growth. Policies promoting “high‑quality service consumption” and “new consumption scenarios,” combined with the promotion of staggered school holidays in spring and autumn, will create opportunities for high‑quality shopping centers focused on experiential and social retail formats.

AI‑Powered Intelligent Economy Drives an Upgrade in Office Market Demand

The rapid evolution of the intelligent economy is reshaping office market demand. The work report calls for expansion of “AI+,” wider deployment of intelligent agents, and accelerated development of large‑scale computing clusters, indicating the transition of AI into commercialized and scaled applications. In 2025, China’s core digital economy industries accounted for more than 10.5% of GDP, with the target set at 12.5% during the 15th Five‑Year Plan. AI‑related companies are expected to become key new leasing drivers in 2026. This will also stimulate a fresh investment cycle for data centers and industrial parks, with core computing hub cities — in the Beijing‑Tianjin‑Hebei region, Yangtze River Delta, and the Guangdong‑Hong Kong‑Macao Greater Bay Area — set to benefit first.

Capital Market Reforms Expand, Enabling a Full “Investment–Financing–Management–Exit” Cycle for Commercial Real Estate

Capital market reforms continue to support expansion in commercial real estate investment. The work report calls for deepened reform of comprehensive investment and financing mechanisms, expanded exit channels for private equity and venture capital, and accelerated growth of the public REITs market. By 2025, China’s public REITs issuance exceeded RMB210 billion, making it the largest REITs market in Asia. In 2026, commercial public REITs enter their first year of development, with pilots extended to hotels and commercial offices. This establishes a “dual‑engine” landscape of “infrastructure + commercial real estate” and enables a more complete investment‑financing‑management‑exit cycle

Further Opening‑Up Boosts Cross‑Border Logistics and Foreign Investment Demand

China’s opening‑up objectives in 2026 feature two core characteristics: expanding services sector openness to attract foreign investment, and promoting standardized, high‑quality development of cross‑border e‑commerce. In 2025, China’s cross‑border e‑commerce imports and exports totaled RMB2.75 trillion, with growth outpacing overall trade for the fourth consecutive year. The sector’s demand for high‑specification warehouses — characterized by high density and rapid turnover —continues to rise. Cushman & Wakefield data shows that the warehouse market is experiencing volume growth alongside price adjustment, with notable regional differences. As cross‑border e‑commerce becomes more regulated, and cold‑chain logistics demand continues to expand, green‑certified, intelligent high‑spec warehouses are expected to gain a competitive advantage.

Advancement of New Urbanization Brings Opportunities for Urban Clusters and Urban Renewal

A notable highlight among 2026 urbanization policies is the first‑ever proposal to build “innovation‑driven industrial communities and business communities.” This concept breaks the traditional boundary between industrial parks and business districts, fostering integrated complexes that combine office, commercial, and residential functions. The report also supports the development of world‑class city clusters in the Beijing‑Tianjin‑Hebei region, the Yangtze River Delta, and the Greater Bay Area, while enhancing the dual‑city Chengdu‑Chongqing Economic Circle and accelerating growth in the middle‑Yangtze city cluster — further intensifying regional differentiation in the commercial property market. Urban renewal and revitalization of existing stock assets are core pillars of the current urbanization strategy. Policies promoting the reuse of existing land and idle buildings align closely with efforts to revitalize existing housing stock. For owners and operators of prime urban assets, regeneration projects offer strategic opportunities for repositioning and value enhancement.

Green Transformation Prompts Sustainability Certifications to Become a Key Competitive Advantage

The work report dedicates a standalone section to the green transition, announcing dual controls on total carbon emissions and intensity, as well as new policy tools such as zero‑carbon parks and a national low‑carbon transition fund. In 2025, China’s national carbon market saw 235 million tons of allowances traded, with transaction value reaching RMB14.63 billion, up approximately 24% year‑on‑year. Carbon costs have become an increasingly important factor in corporate leasing and location decisions. With 97.9% of newly built urban buildings in 2024 meeting green standards, green retrofits of existing buildings are gaining momentum. Commercial properties certified under LEED, WELL, and China’s Green Building Label standard enjoy notable advantages in rental premiums and tenant attraction.

Sabrina Wei, Chief Policy Analyst and Head of Research, North China, Cushman & Wakefield, said, “The 2026 government work report outlines a clear development vision for commercial real estate characterized by macroeconomic stability, targeted policies, and structural transformation. A GDP growth rate of 4.5%-5% will provide market stability, a RMB350 billion consumption stimulus will activate demand for retail properties, “AI+” will reshape the office market; capital market reforms and public REITs will enable a full “Investment–Financing–Management–Exit” cycle, urban renewal will unlock values of existing assets, and green certification will define new competitiveness for the industry. As the real estate industry transitions from a construction‑focused model to one centered on operations and services, institutions with strong capabilities in asset management and high‑quality operational service delivery will be best positioned to capture the emerging opportunities of this transformative new cycle.”

To access the full report please click here.

Hashtag: #CushmanWakefield

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LiveNews: https://livenews.co.nz/2026/03/20/chinas-2026-government-work-report-indicates-a-new-cycle-of-quality-enhancement-for-commercial-real-estate-stock/

CGTN: Tackling the TB epidemic: From local innovation to global cooperation

Source: Media Outreach

BEIJING, CHINA – Media OutReach Newswire – 20 March 2026 – China’s multifaceted strategy to end the tuberculosis epidemic—ranging from high-tech local innovations to global humanitarian missions—is providing a new blueprint for international public health. CGTN published an article analyzing how this integrated prevention model, highlighted by Peng Liyuan, wife of Chinese President Xi Jinping and also the WHO goodwill ambassador for tuberculosis (TB) and HIV/AIDS, leverages AI-driven screening in provinces like Jiangsu and the expertise of Chinese medical teams abroad to transform the vision of a TB-free world into a tangible reality.

In a written statement to a virtual event commemorating the World Health Organization (WHO) World Tuberculosis Day 2026 on Wednesday, Peng Liyuan, wife of Chinese President Xi Jinping and also the WHO goodwill ambassador for tuberculosis (TB) and HIV/AIDS, called for international support and participation in global TB prevention and treatment.

Peng said that the event’s theme, “Led by countries, powered by people,” is of great significance for facilitating joint international action against TB as a public health challenge.

Peng noted that with a firm commitment to protecting people’s health and the goal of ending the TB epidemic, the WHO has done a great deal of effective work and reversed the recent upward trend in global cases. She highlighted that China’s progress is rooted in a multi-sectoral approach, leveraging technological innovation and a comprehensive healthcare network serving over 1.4 billion people.

This year also marks the 15th year of China’s large-scale volunteer campaign for TB prevention and control, involving over 1 million volunteers who have carried out over 80,000 programs.

“I have been joining many of them on visits to local neighborhoods, schools and healthcare facilities,” Peng said, adding that she is a “proud witness” to their compassion and the progress made in China’s fight against TB. She called on people from all walks of life to share warmth and care to “build a community of health for all.”

A proven model for incidence decline

China’s progress is exemplified by the practical efforts in Jiangsu Province, where the reported TB incidence rate fell to 21.17 per 100,000 in 2025. A key factor in this progress is a smart screening system that brings advanced technology to the grassroots level.

“In the past, we had to review every single record manually. Now, AI-assisted screening has drastically improved our diagnostic efficiency,” Wang Yangzhu, deputy chief physician of radiology at a community health center in Nanjing’s Jiangning District, told China Media Group (CMG).

Beyond AI-assisted diagnostics, which now cover over 100 medical institutions in the province, Jiangsu has pioneered a new short-course treatment that slashes the recovery period for drug-resistant TB from 18 months to just six. Complementing this technology is a robust policy safety net: the government provides free drug-resistance screening for all suspected cases and free second-line medications for those in need, ensuring patients can afford the care they require.

This localized practice is a reflection of a broader national achievement. Since 2012, both the incidence and mortality rates of TB in China have dropped by approximately 30%, a decline rate nearly double the global average, according to the National Disease Control and Prevention Administration. With a treatment rate consistently above 90%, China has transitioned into the ranks of countries with moderate-to-low TB prevalence while continuing to refine its integrated prevention and control system.

Global responsibility and humanitarian action

China’s expertise is also being shared through its commitment to international medical aid. Recently, the 23rd Chinese medical team in Zimbabwe successfully treated a 22-year-old patient suffering from TB with pleural effusion. By combining standard protocols with Traditional Chinese Medicine (TCM) to alleviate side effects and boost immunity, the team provided a practical model for TB control in resource-limited settings.

This assistance is part of a long-standing commitment to international humanitarian aid. In 2025, the Chinese government dispatched 1,061 medical personnel to 57 countries, serving over 2.06 million patients, according to China’s National Health Commission.

Since 1963, China has sent a total of 31,000 medical team members to 77 countries and regions, treating an estimated 300 million people. These teams have also helped strengthen local medical capacity, including performing first-of-their-kind laparoscopic procedures in countries such as Equatorial Guinea and Djibouti, enabling access to modern minimally invasive surgical techniques.

Extending their reach beyond hospital walls, Chinese medical teams frequently travel to remote, resource-scarce regions to provide essential care. In Simandou, the team provided health check-ups, hygiene training and medical lectures to thousands of Chinese and Guinean employees. They also visited a local orphanage, performing physical exams for over 70 children and donating essential school supplies.

“We go deep into remote areas, bringing much-needed health knowledge and infectious disease prevention methods to help establish a long-term barrier against illness,” Wang Bin, captain of the 31st Chinese medical team to Guinea, told CMG.

By integrating innovative technology with grassroots volunteerism and international aid, China continues to work alongside the global community to transform the goal of a TB-free world into a tangible reality.

For more information, please click here:
https://news.cgtn.com/news/2026-03-19/Tackling-the-TB-epidemic-From-local-innovation-to-global-cooperation-1LDNzGeLwdO/p.html

Hashtag: #CGTN

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Qianhai Launches OPC Mavericks Program to Empower Global AI Solopreneurs

Source: Media Outreach

SHENZHEN, CHINA – Media OutReach Newswire – 20 March 2026 – On March 18, Qianhai, a flagship hub for institutional opening-up, high-end services and technological innovation in southern China, officially opened the application portal for the Qianhai OPC (One-Person Company) International Community and launched its global OPC Mavericks Program. Adhering to the philosophy of “All Innovation, Zero Distraction”, the initiative aims to build the world’s leading ecosystem for AI-driven one-person companies.

Qianhai OPC (One-Person Company) International Community officially opens for applications

Widely recognized as a pioneering zone for China’s institutional opening-up and a key innovation node in the Guangdong-Hong Kong-Macao Greater Bay Area, Qianhai leads the country in piloting cross-border cooperation, regulatory innovation and business-friendly reforms. It has grown into a highland for advanced services, tech research and development, and entrepreneurial ecosystems, connecting global talents, capital and technologies with the massive market of the Greater Bay Area.

The OPC Mavericks Program targets six elite groups: academic pioneers, tech veterans, global AI competition winners, elite prodigies, influential open-source contributors, and outstanding graduates in AI and computer science. Eligible projects should leverage generative AI, large language models, AI agents and automation to build sustainable closed-loop businesses.

As the world’s first vertical accelerator dedicated to OPCs, the community provides a tailor-made AI launchpad with the SENSE ecosystem and the “Eight Zeros” guarantee to remove startup barriers: supported office space up to 200㎡ for two years, talent housing up to 50㎡ per person, annual free computing power up to 50P, free LLM trials, Greater Bay Area market access, collateral-free loans, high-risk-tolerance seed funding, annual talent rewards up to 600,000 RMB, and one-stop services for visas, finance, IP, taxation and global internet access.

To help global innovators experience opportunities in the region, Qianhai offers the Shenzhen-Hong Kong 72-Hour Experience Pass, which was officially launched in 2025. This pass provides streamlined entry arrangements, guided visits to tech platforms, enterprises and research institutions in both cities, and on-site insights into the OPC entrepreneurship environment. It serves as a key channel for global talents to fully explore cooperation and development prospects in the Greater Bay Area.

The program supports AI solopreneurs to turn ideas into scalable businesses. Qualified applicants can submit core founder resumes and project pitch decks to inqianhai@qhidg.com to join the program and embrace new opportunities in the Greater Bay Area.

Hashtag: #Qianhai #GreaterBayArea #AIInnovation #GenerativeAI #StartupEcosystem #AIEntrepreneurship

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Chuangxin Industries Posts a 33% Profit Jump as “Cost Leadership”

Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 20 March 2026 – Chuangxin Industries Holdings Limited (Chuangxin Industries, 02788.HK), a dominant leader in China’s fully integrated aluminum value chain, announced a stellar financial performance for the fiscal year 2025 this week. Despite a complex global macroeconomic environment, the company reported revenue of RMB 18.68 billion, representing a robust 23.2% year-on-year increase. Profit attributable to owners of the company surged by an impressive 32.8% to RMB 2.731 billion. Basic earnings per share rose to RMB 1.75 from RMB 1.37 in 2024. In a move that underscores its strong balance sheet and commitment to shareholder returns, the Board has proposed a final dividend of HK$ 0.77 per share.

The global aluminum landscape in 2025 was defined by extreme volatility in London Metal Exchange (LME) prices and escalating energy costs across traditional smelting hubs. Chuangxin Industries showcased notable resilience, underpinned by its fully integrated electrolytic aluminum industrial chain. The company’s revenue was anchored by its core electrolytic aluminum business, which contributed RMB13.62 billion (72.92% of total), while alumina and related products added RMB4.42 billion.

Central to Chuangxin Industries’ outperformance is its 100% self-sufficiency in alumina and power, the twin pillars of its strategic “cost moat.” This vertically integrated footprint is anchored by a 788.1 kt/a electrolytic aluminum smelter and a dedicated captive power plant in Huolinguole, Inner Mongolia, complemented by a 1.2 million t/a alumina refinery in Binzhou, Shandong, which is strategically positioned near import ports. This tightly coordinated infrastructure allows the Group to exert precision control over core input costs. Consequently, the Group ranks as a top-tier cost leader in China, possessing a structural advantage that serves as both a defensive shield during commodity downcycles and a powerful lever for earnings elasticity during market recoveries.

The Chuangxin Industries’ March 9 entry into the Hong Kong Stock Connect opens the door to mainland investors. Expected Southbound liquidity should enhance market depth and catalyze a valuation recovery. Analysts view its structural cost moat and green manufacturing leadership as a compelling, cash-flow-resilient proposition for long-term investors navigating today’s high-interest-rate environment.

Looking ahead, Chuangxin Industries is focusing on green growth and global expansion.

Domestically, Chuangxin Industries is rapidly building 1,750 MW of wind and solar capacity in Inner Mongolia, aiming to source over 50% of its power from renewable sources by the end of 2026, reducing both carbon emissions and long-term energy costs.

Internationally, Chuangxin Industries’ planned 500 kt/a aluminum smelting facility in Saudi Arabia will leverage Saudi Arabia’s competitive energy costs and port logistics to serve regional demand and diversify its production base beyond China. By establishing a footprint abroad, Chuangxin Industries is hedging against geopolitical barriers while enhancing its global edge through competitive energy costs in the Middle East.

Chuangxin Industries is cementing its status as a world-class green aluminum leader. Its synergy of integrated efficiency and global expansion offers investors a resilient, sustainable play at the heart of the sector’s high-growth future.

Hashtag: #ChuangxinIndustries

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LiveNews: https://livenews.co.nz/2026/03/20/chuangxin-industries-posts-a-33-profit-jump-as-cost-leadership/

Tourism Authority of Thailand invites global travellers to rediscover balance through “Healing Journey Thailand” campaign.

Source: Media Outreach

Campaign highlights wellness, culture and meaningful travel across the Kingdom featuring international creators including British singer-songwriter Henry Moodie.

BANGKOK, THAILAND – Media OutReach Newswire – 20 March 2026 – The Tourism Authority of Thailand (TAT) invites travellers worldwide to rediscover balance through the global Healing Journey Thailand campaign, guided by the communication concept Healing is the New Luxury. Launched in January 2026, the campaign reflects Thailand’s tourism strategy focused on high-value, wellness-led, purpose-driven travel, positioning the Kingdom as a destination where travellers reconnect with themselves through cultural encounters and restorative journeys.

Henry Moodie plays a central role, with his storytelling shaping the campaign narrative. His journey, featured in the campaign film premiered at The Cinema at Selfridges London, follows travels through Krabi and Trang, from Ko Muk and Ko Kradan to the Na Muen Sri community, highlighting Thailand’s living culture and spirit.

The campaign presents creator-led experiences in the Kingdom, reflecting a global shift in luxury from material to meaningful engagement.

In southern Thailand, Swedish creators Malin & Jules (@Malinandjules) explored “hidden luxury” in Chumphon and Ranong through slow living, coffee culture, island life on Ko Phayam, hot springs and a garden lunch.

In northern Thailand, Casey Pickup (@howtotravelfulltime) and Kseniia Kalenyk (@kseniia.journey) explored Chiang Mai‘s heritage through Lanna arts and craft workshops, including Nuat Fon, Lanna massage inspired by Fon Leb dance, Yam Khang massage, concluding with a Ping River dinner cruise and sound healing meditation.

In the historic Sukhothai, Aytan Abbasli (@aytanabbasil) and Mia Emilie Persson (@miaemiliepersson) explored UNESCO-listed sites, Sukhothai silver craftsmanship, Tin Chok textiles and community life at Baan Na Ton Chan, concluding with merit-making at Wat Traphang Thong.

Nature and adventure shaped the Khao Yai journey of Naziha Banu Fathima (@the_fatimablejournal) and Khaled Mohamed Abdulla Hamad Aljneibi (@alsinaani_khalid000), combining sustainability with outdoor activities including park trekking, forest glamping and dialogue at Khao Yai Art Forest.

In Phang-Nga, Patrick James Mitchell and Meghan Celina McPhee (@megsandpat) experienced harmony with nature at Samed Nangshe Viewpoint, Surin Islands diving, bamboo rafting, and in Khao Lak with a fire show and sound healing by the Andaman Sea.

Together, these journeys reflect Thailand’s identity, where travel is shaped by quality and sustainability. Guided by Healing is the New Luxury, the campaign advances TAT’s Value over Volume strategy, encouraging travellers to engage with landscapes, culture and communities, fostering support for sustainable tourism growth.

Hashtag: #Healingjouneythailand #Healingisthenewluxury #Amazingthailand

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Global Talent Summit Week Looks Ahead to the Future Workplace in the AI Era

Source: Media Outreach

Nobel Laureate affirms Hong Kong’s strengths in attracting global high-calibre talent, contributing to the country’s drive to become a high-technology hub

HONG KONG SAR – Media OutReach Newswire – 20 March 2026 -The Labour and Welfare Bureau of the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Talent Engage (HKTE) are jointly hosting the Global Talent Summit Week (GTS Week) in Hong Kong. The two flagship events — the International Talent Forum and the CareerConnect Expo — were held over the past two days, drawing over 10,000 participants and 170,000 live-stream views. Through a series of keynote sessions, panel discussions and networking opportunities, the events further solidified Hong Kong’s dual advantages as an international talent hub and the country’s gateway for talent.

The Chief Executive, Mr John Lee, attended the Global Talent Summit Week. Photo shows (front row, from third left) the Secretary for Labour and Welfare, Mr Chris Sun; Nobel Laureate and Regius Professor of Economics of the Department of Economics of London School of Economics, Professor Christopher A Pissarides; Vice Minister of Human Resources and Social Security Mr Yu Jiadong; Mr Lee; the President of Peking University, Professor Gong Qihuang, and other guests at the ceremony.

Among the distinguished speakers at the International Talent Forum was Professor Christopher A Pissarides, 2010 Nobel Laureate in Economic Sciences. In his keynote address, he said that Hong Kong possesses clear strengths in traditional industries such as finance and commerce, and is home to a world-class education system. With the rapid development of advanced technology across the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) — in particular its proximity to Shenzhen as a hub for innovation hardware and industrial artificial intelligence (AI) — Hong Kong is well placed to develop into a regional high-tech hub, further strengthening its appeal to global talent.

“Hong Kong possesses a vibrant service-based economy, a high-quality talent pool and productivity, proactive government policies, and a thriving entrepreneurial culture. These strengths define Hong Kong’s unique role within the GBA and will be key to its continued ability to attract international talent,” he said.

Professor Pissarides emphasised that AI is having a comprehensive impact across all areas of production and work. He stressed that AI should be positioned as a tool to complement human resources — designed to enhance productivity and improve employee well-being, rather than to replace the workforce. He anticipated that proficiency in AI development and application, such as engineers and data analysts, would be at the forefront of the coming wave of global talent competition.

Hong Kong’s Unique Advantages Attracting Global Talent to Thrive with Confidence

Mr John Lee, the Chief Executive of the HKSAR, officiated at the opening ceremony of the GTS Week and delivered the opening address at the Hong Kong Convention and Exhibition Centre(HKCEC) on the 18th March. He said that Hong Kong is fast rising as an international talent hub, driven by a comprehensive and forward-looking strategy that integrates talent development with economic transformation, technological advancement and regional co-operation. Such efforts have been widely recognised, with Hong Kong rising to fourth globally and first in Asia in the International Institute for Management Development’s World Talent Ranking 2025.

Mr Lee said that Hong Kong will continue to uphold openness, deepen international engagement and align closely with national development strategies. Policies in education, innovation and infrastructure will be further refined to ensure Hong Kong remains a fertile ground for ideas and enterprises, where global talent feels welcomed, valued and supported. He stressed that while economic indicators and technological achievements are important, human development remains the ultimate goal, and Hong Kong will continue to place people at the centre of its vision for the future.

At a critical juncture in the global transformation of innovation, technology and talent development, Hong Kong — positioned as a regional nexus for high-calibre talent — is leveraging the GTS Week to foster international talent collaboration, showcase diverse development opportunities and garner insights from government, business and academic leaders on future talent trends.

Centred on the integrated development of education, technology and talents, the GTS Week includes a series of discussions and exchanges across multiple sessions. Speakers so far have included Mr Winfried Engelbrecht-Bresges, Chief Executive Officer of The Hong Kong Jockey Club, and Mr Joe Ngai, Chairman of McKinsey & Company Greater China, who discussed the evolving demand for skilled professionals and how innovation is reshaping China’s talent development landscape.

Experts and Leaders Envision the Future Landscape of Education, Technology and Talents

The Forum also held panel discussions on education, technology and talents, bringing together industry leaders including Professor Gong Qihuang, President of Peking University; Dr Lin Dahua, Co-founder and Chief Scientist of SenseTime Group Limited; and Ms Ruchee Anand, Vice President of Talent Solutions of Asia Pacific at LinkedIn. They examined the emerging talent ecosystem and explored how cross-border and cross-sector collaboration could nurture future-ready talent.

During the GTS Week, HKTE welcomed around 100 government representatives responsible for talent development in the Chinese Mainland and the Macao SAR, as well as delegates from leading universities in the Mainland to take part. They shared valuable experiences from various regions in talent attraction, retention, nurturing and recruitment, and explored strategies for talent attraction and development under the National 15th Five-Year Plan.

In recent years, the HKSAR Government has introduced a series of talent admission measures to attract and facilitate talent from around the world to develop their careers in Hong Kong, and settle down in the city.

Another highlight of this year’s GTS Week was the CareerConnect Expo, held concurrently with the Forum at the HKCEC. The Expo brought together around 70 corporations, educational and technology institutions, and government departments across five thematic zones, presenting Hong Kong’s latest talent admission policies and industry information, settlement support services, and career prospects across the GBA.

GTS Week continues until March 29, with nine satellite events covering regional conferences, career fairs and corporate award ceremonies, establishing a comprehensive platform for professional networking and information exchange. These include the signing of a cooperation agreement between HKTE and Junior Chamber International Hong Kong (JCIHK). Leveraging JCIHK’s network of over 150,000 young leaders and members across 114 countries and regions worldwide, HKTE will reach out and invite global talent to explore development opportunities in Hong Kong and the GBA.

Building on the success of its inaugural edition in 2024, this year’s GTS Week has expanded into a series of events, themed around the integrated development of education, technology and talents. The GTS Week follows Hong Kong’s historic ascent to the top position in Asia on the International Institute for Management Development (IMD) World Talent Ranking 2025, fully demonstrating Hong Kong’s strong appeal to global talent.

To learn more about the highlights of the GTS Week and Professor Pissarides’ insightful views, please visit gts.hkengage.gov.hk/en/video-gallery or follow HKTE on social media.

Hashtag: #HongKongTalentEngage

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LiveNews: https://livenews.co.nz/2026/03/20/global-talent-summit-week-looks-ahead-to-the-future-workplace-in-the-ai-era/

CREGIS Empowers Hong Kong Custodians and Trustees to Build a Solid Foundation for Digital Asset Governance

Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 20 March 2026 – CREGIS, a leading Hong Kong-based digital asset infrastructure provider, recently announced that its privatized deployment solution, CREGIS Nexus, has officially been honored with the “Excellent Brand of Enterprise Digital Asset Infrastructure” award. The award was presented by Mr. Joseph Chan Ho-lim, Under Secretary for Financial Services and the Treasury of the Government of Hong Kong, to CREGIS Founder and CEO, Shawn Yan. This distinction not only recognizes CREGIS’s technical prowess but also marks its standing alongside industry leaders such as HSBC, AXA Hong Kong, ICBC (Asia), Bank of China(Hong Kong), and CITIC Bank (International) in driving innovation within Hong Kong’s financial ecosystem.

CREGIS Nexus awarded “Excellent Brand of Enterprise Digital Asset Infrastructure.

In the convergence of traditional finance and digital assets, fiduciaries—represented by custodian banks and trust companies—have long faced challenges regarding security, compliance, and high technical barriers. Relying solely on third-party services often means forfeiting critical control, while building internal systems entails prohibitive costs and risks. The CREGIS Nexus solution provides global licensed custodians, trust companies, and professional trustees with institutional-grade infrastructure that aligns with existing compliance and risk control frameworks, ensuring they maintain absolute “Asset Control.”

“We are standing at a turning point in the evolution of financial infrastructure,” said Shawn Yan, Founder and CEO of CREGIS. “For institutions bearing fiduciary responsibilities, asset security and compliant governance are paramount. Privatized deployment offers the highest level of autonomy, transparency, and business resilience.”

CREGIS serves over 3,500 corporate clients and manages over $300 billion in transaction assets. The company has maintained a record of zero incidents over the years, with its business among financial institution clients growing at an annual rate of over 50%. This is because “Security Autonomy” and “Compliance Controllability” are at the core of CREGIS’s mission.

The core advantage of the CREGIS Nexus solution lies in its reshaping of the underlying trust model. It deeply integrates TEE (Trusted Execution Environment) technology and seamlessly incorporates bank-grade Hardware Security Modules (HSM) compliant with FIPS 140-2/3 standards. This ensures that private keys are never exposed throughout their lifecycle, and all critical computations are completed within a client-controlled physical environment or a hardware-protected TEE secure zone, eliminating single points of failure and external interference.

CREGIS also addresses the complexities of operational and governance compliance. Its unique Declarative Intent Gateway (DIG) technology allows institutions to transform internal risk policies, compliance mandates, and trust agreement terms into programmable, immutable business logic. This ensures that every asset operation is not only cryptographically secure but also automatically executed at the business intent and compliance levels, with full auditability. This “Rules-as-Code” capability aligns perfectly with Hong Kong’s maturing digital asset regulatory regime.

As a company with its global strategic headquarters in Hong Kong, CREGIS has introduced a “Tripartite Oversight” logical architecture for licensed institutions. This framework technically separates asset operational rights, ownership, and audit supervision rights, providing custodians and trustees with a ready-to-use digital upgrade solution that meets licensing requirements.

“CREGIS is closely monitoring the legislative progress of the licensing regime for digital asset custody service providers by the Financial Services and the Treasury Bureau(FSTB) and the Securities and Futures Commission(SFC),” Yan added. “Once the relevant regulatory framework is formally implemented, we plan to officially submit our application for a Hong Kong digital asset custody service license, leveraging the institutional-grade security and compliance capabilities built upon the CREGIS Nexus solution.”

https://www.cregis.com
https://www.linkedin.com/company/cregis
https://x.com/0xCregis

Hashtag: #cregis #cregisnexus #CEOShawnYan

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For sale Slipper Island expected to fetch more than $10 million

Source: Radio New Zealand

Supplied / Paul C Schrader

Slipper Island, an exclusive chunk of land off the Coromandel Coast is up for grabs.

It is estimated that it could sell for more than $10 million.

It is one of fewer than two dozen private islands in Aotearoa.

Slipper Island is a short boat ride from Pauanui, with white sand beaches and resort style accommodation.

Supplied / Paul C Schrader

Diana Cussen is selling the property through Barfoot and Thompson and also lives on the island.

She told Checkpoint the island offers clear waters, along with white and pink sand beaches.

Supplied / Paul C Schrader

“It’s absolutely magical, just imagine just coming up in your boat… you can dive in and it just makes you feel fabulous.”

The island is being sold alongside a number of different accommodation options, all set up for holiday accommodation.

The sale will include an old style lodge, a two bedroom chalet, two one bedroom chalets, along with two safari style tents.

“All you need is your food and your favourite bikini and a towel and you’re away.”

Supplied / Paul C Schrader

With such a high price, the buyer pool may be small, but Cussen expects it will be a local that ends up calling Slipper Island their own.

“Kiwis are pretty good at making waves in the world and all the technology and their businesses. So more than likely, you know, it’s going to be a local, local Kiwi and there is a bit of money around in New Zealand.”

“But it’s going to come down to who would love to be the next custodian of Slipper Island.”

Supplied / Paul C Schrader

The government’s introduction of the ‘golden visa’ scheme means overseas investors could also easily buy the property.

The scheme offers a fast tracked residency process to investors willing to spend at least $5 million.

Supplied / Paul C Schrader

“There are checkpoints in place there to make sure that if there was an overseas buyer… what would they contribute to the community? How they would look after the island?”

There are 10 properties on the island, including the ones for sale now.

Across the island’s 217 hectares, seven hectares are shared across nine lots, which feature five houses and five semi-permanent residents.

Getting to the island only takes around 20 minutes by boat from Tairua or Pauanui, and if the buyer has a little more change in their pocket, they can take an half an hour plane ride from Auckland, Hamilton or Tauranga.

Slipper Island is being sold by tender, which will close on 15 April.

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LiveNews: https://nz.mil-osi.com/2026/03/20/for-sale-slipper-island-expected-to-fetch-more-than-10-million/

Du Val property group collapse: Forensic accountants continue to find ‘areas of concern’

Source: Radio New Zealand

Du Val co-founder Kenyon Clarke. kenyonclarke.com

Forensic accountants are continuing to find “areas of concern” as they look into the accounts of the failed Du Val Group.

Statutory managers have released their latest six-month report into the group of about 70 entities that collapsed in 2024 owing more than $300 million to hundreds of people.

Its founders Charlotte and Kenyon Clarke have had their personal assets and passports frozen.

In the latest report, the statutory managers said they could not give many details about their latest discoveries because they did not want to prejudice any formal action that may come later.

The Financial Markets Authority was also investigating the group and had the power to pursue charges if warranted.

Today’s report showed the statutory managers still had many unanswered questions – the Clarkes had refused to be interviewed and had gone to the Court of Appeal seeking the right to refuse.

The managers said extensive forensic accounting analysis needed to continue partly because of the group’s “materially incomplete” accounting records.

“While investigations have progressed and further related issues have been identified for analysis, to ensure that any potential subsequent formal action is not prejudiced, no further information is currently able to be disclosed regarding our ongoing investigations into these areas of concern,” they said.

Broad concerns identified in earlier reports remained, including about GST transactions and the lack of clarity about goods paid for by the company but possessed by the Clarkes.

Since the last report, the debt owed by the group had fallen from $268 million to $226 million.

That was partly because some of its property developments had been sold including the Earlsworth, Sunnyvale and Edmonton residential projects.

None has been sold for a high enough price to cover the debt owing on them.

Investors in Du Vals Build to Rent Fund were likely to receive about 41 cents in the dollar on their investment after the sale of the fund’s residential properties in May last year, the report said.

Work was underway to sell to more developments, it said.

The report also gave an update on a British legal case against some Du Val entities that had wound up in New Zealand’s courts.

The British courts ordered Du Val to pay $1.35m (NZD) in damages and $164,205 (NZD) in costs.

The person awarded the costs was seeking to have the judgement recognised in New Zealand but the statutory managers opposed that in the High Court, the report said.

The judgement was pending.

The statutory managers are John Fisk, Stephen White and Lara Bennett.

They had previously been working under the PWC banner but the company sold its business restructuring arm to the global firm Teneo earlier this year.

The Authority said today it could not provide any update on where its investigation was at for “legal and confidentiality” reasons.

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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/03/20/du-val-property-group-collapse-forensic-accountants-continue-to-find-areas-of-concern/

PFIS Group Announces Global Rebranding to Alpina Legacy: A Strategic Evolution Grounded in Swiss Excellence

Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 20 March 2026 – PFIS Group, a Swiss-rooted wealth structuring advisory firm, today announced a comprehensive rebranding to Alpina Legacy. This strategic transformation marks a significant milestone in the firm’s history, aligning its corporate identity with its profound Swiss heritage and its core mission of safeguarding cross-generational wealth.

Mr. Samy Reeb, CEO of Alpina Legacy

Refining our Identity After Years of Strategic Growth

Since its inception, PFIS Group has undergone an extraordinary journey of expansion. What began as a specialised boutique advisory practice in cross-border insurance has evolved into a formidable international platform. Today, the firm operates 8 offices worldwide, holds intermediation licenses in 34 countries, and has successfully advised on the structuring and restructuring of over USD 1 billion in private wealth.

“After years of rapid international expansion and hundreds of complex client engagements, we realised that our identity needed to catch up with our evolution,” said Mr. Samy Reeb, CEO of Alpina Legacy. “This rebranding comes at a pivotal moment. After establishing a robust global footprint, we are returning to our roots—not by shrinking our horizons, but by deepening the Swiss values that have always been the bedrock of our success.”

A Name that Bridges Heritage and Future

The new name, Alpina Legacy, was meticulously chosen to reflect the dual pillars of the firm’s value proposition:

  • Alpina: A tribute to the firm’s Swiss foundation. It symbolises the precision, discretion, and unwavering regulatory discipline associated with the Swiss financial tradition. In an increasingly volatile global landscape, “Alpina” represents the stability and rigour that the firm’s institutional partners and clients rely upon.
  • Legacy: Defines the firm’s ultimate purpose. It underscores a commitment to helping internationally mobile families, entrepreneurs, and investors protect and transmit their wealth across jurisdictions and generations through compliant, sophisticated insurance solutions.

Strengthening Partnerships and Roots

The transition to Alpina Legacy also reinforces the firm’s commitment to its global network of private banks, asset managers, and institutional partners.

“Our business partners are the lifeblood of our operation. By rebranding to Alpina Legacy, we are signalling our long-term commitment to the standards they expect from a Swiss-rooted firm,” added Samy Reeb. “As we look back on our years in operation, we recognise that our growth was only possible because we remained close to our roots while remaining agile in the face of complex regulatory environments.”

A New Chapter in Wealth Structuring

While the name and visual identity have changed, Alpina Legacy’s dedication to excellence remains constant. The firm will continue to provide bespoke cross-border planning and international insurance solutions, ensuring that the wealth created today becomes the enduring legacy of tomorrow.

Hashtag: #AlpinaLegacy

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

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/20/pfis-group-announces-global-rebranding-to-alpina-legacy-a-strategic-evolution-grounded-in-swiss-excellence/

SIM Global Education Highlights Integrated Undergraduate Experience, Combining Academic Learning and Career Preparation

Source: Media Outreach

SINGAPORE – Media OutReach Newswire – 20 March 2026 – Undergraduate education today extends beyond academic instruction, with institutions increasingly emphasising the development of practical skills, career readiness and personal growth. At SIM Global Education (SIM GE), the undergraduate experience is structured to combine academic learning with career preparation and student engagement, reflecting the evolving expectations of higher education.

Through partnerships with universities in the United Kingdom, the United States and Australia, SIM GE provides access to internationally recognised degree programmes delivered in Singapore. Students are supported by a learning environment that integrates classroom instruction with opportunities for applied learning and professional development.

A Structured Undergraduate Experience
A typical weekday at SIM GE reflects a balance between academic commitments and broader developmental activities.

Mornings are generally dedicated to lecture preparation and collaborative study, with students making use of campus facilities designed for both individual and group learning. Formal classes, including lectures, seminars and case discussions, typically take place later in the morning. These sessions often incorporate group-based assignments and presentations, enabling students to apply theoretical knowledge in practical contexts.

Midday periods frequently involve informal collaboration, with students using shared spaces to coordinate group work and prepare for assessments. This collaborative approach reinforces teamwork and communication skills, which are essential in professional environments.

Afternoons may include academic support activities, such as consultations and workshops offered through the Student Learning Centre. These resources are designed to strengthen competencies in areas including academic writing, research methodologies and presentation skills.

Career development forms an integral component of the undergraduate experience. SIM GE provides access to career advisory services, networking opportunities and industry engagement initiatives, allowing students to gain insights into employer expectations and explore potential career pathways prior to graduation.

Beyond academic and career-focused activities, students are encouraged to participate in co-curricular engagements. With a wide range of student clubs, interest groups and volunteering initiatives available, these activities provide opportunities to develop leadership, interpersonal skills and cross-cultural understanding within a diverse student community.

Evenings are often dedicated to independent study, assignment completion and preparation for upcoming classes, reflecting the balance between structured learning and self-directed development.

Supporting Holistic Student Development
The undergraduate experience at SIM GE is designed to support both academic progression and personal development. Through a combination of structured coursework, academic support services, career preparation and student-led activities, learners are able to build a broad set of competencies relevant to both further education and employment.

This integrated approach enables students to develop practical skills, expand professional networks and gain exposure to diverse perspectives, contributing to a more comprehensive preparation for the demands of the global workforce.

References:
1. Devanshi Soni student story –
https://timesofindia.indiatimes.com/education/news/from-new-delhi-to-singapore-how-sim-global-education-shaped-devanshi-sonis-global-journey/articleshow/122850280.cms

2. SIM GE Student Ambassador Yong Kunyada story –
https://regional.simge.edu.sg/philippines/en/scholar-student-ambassador-yong-shares-her-experiences-of-learning-and-thriving-in-sim/

3. SIM Student Learning Centre – https://www.sim.edu.sg/degrees-diplomas/life-at-sim/learning-support

Hashtag: #SIMGlobalEducation #SIMGE #GlobalEducation #InternationalDegree #CareerReady #FutureSkills

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

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/20/sim-global-education-highlights-integrated-undergraduate-experience-combining-academic-learning-and-career-preparation/

SEEK’s AI Lead Speaks at Global Talent Summit: How responsible AI is helping connect candidates and hirers with trust in an increasingly noisy hiring market

Source: Media Outreach

Jobsdb by SEEK hosts “The Hong Kong HR Awards 2025/26” celebrating industry excellence

HONG KONG SAR – Media OutReach Newswire – 20 March 2026 – Mr Grant Wright, Group Executive, Artificial Intelligence at SEEK, the parent company of Jobsdb, spoke at the “Global Talent Summit Week – Hong Kong’s International Talent Forum” on 18 March 2026, organised by the Labour and Welfare Bureau and Hong Kong Talent Engage. At the panel titled “Thriving in a dynamic talent landscape – Sustaining skills and fostering resilience”, Mr Wright addressed the challenge of increasing noise in the recruitment market and outlined how SEEK is leveraging its responsible AI framework and automated verification tools to help employers identify authentic talent signals.

Mr Grant Wright, Group Executive, Artificial Intelligence at SEEK, the parent company of Jobsdb, spoke at the “Global Talent Summit Week – Hong Kong’s International Talent Forum” on 18 March 2026

Building trust with Responsible AI and verification

At the forum, Mr Wright described the current global talent landscape as increasingly noisy with the rise of AI agents and the use of large language models in the recruitment process making it harder to assess candidates fit and motivation without the right tools.

“In a world where AI allows every candidate to put their best foot forward, traditional signals like the CV and cover letter tell us less than they used to,” said Mr Wright. “Simply applying for a role is no longer necessarily a signal of motivation or suitability. In this noisier AI environment, marketplaces play a critical role to connect interested and high-fit candidates and hirers faster, and to add more trust to the process.

SEEK established a dedicated Responsible AI team in 2017 to address fairness and bias in AI-driven matching. Mr Wright outlined the company’s core principles for ensuring technology empowers rather than excludes.

“AI makes predictions, which means by definition it can be wrong. We must consider the impact of those predictions on individuals,” Mr Wright added.

“Humans can be biased in recruitment, and we need to recognise that exists in the system and in the data we train on. Our responsible AI team and processes aim to ensure AI improves outcomes for everyone and creates opportunity.”

SEEK has invested in AI to improve customer experiences for over a decade, building one of Asia Pacific’s most established AI teams. Beyond making job hunting and hiring simpler, SEEK is focused on using AI to add trust and efficiency into our marketplace. This proprietary technology powers every stage of the hiring process:

  • Enhanced targeting for high-fit candidates: SEEK identifies which candidates are a high fit for a role. This allows us to predict a candidate’s likelihood of being shortlisted for any given job ad. High-fit candidates are three times more likely to be shortlisted.
  • Enhanced Efficiency and Search Experience: Features like AI-assisted ad writing help employers create compelling job descriptions, while AI-powered analytics provide real-time insights to optimise ad performance. At the same time, candidates can use natural, everyday language to describe what they’re looking for, and personalised search models match them to the most relevant roles.
  • Responsible AI and Trust: SEEK’s dedicated Responsible AI framework focuses on fairness, transparency and bias mitigation in AI‑driven matching. To combat market friction and build confidence, SEEK has also introduced automated verified credentials, reducing verification times from days to seconds, increasing hirer trust in the integrity of matches and helping candidates stand out.
  • Voice AI Refence Checks: SEEK also leverages natural language AI to transform the reference checking experience. SEEK’s voice AI assistant allows referees to complete checks through natural conversation with SEEK’s Voice AI service. This cuts completion time for hirers in half, from 24 to 12 minutes, while capturing more data than traditional reference checking methods.

When asked about his vision for Hong Kong’s workforce over the next five years, Mr Wright highlighted that while Hong Kong has always been exceptional at attracting talent, the automation of entry-level tasks could pose a risk to traditional learning curves.

“I would like to see Hong Kong focus on the development problem for the future workforce,” said Mr Wright. “If you take away entry-level jobs, you remove the safe space for newcomers to ‘fail fast’ and learn how an organisation works. That would be a real challenge, and I hope to see Hong Kong find a solution to bridge this gap for the betterment of organisations and future talent.”

Celebrating excellence in HR

The dialogue on the future of work continued later that day as Jobsdb celebrated industry excellence at ‘The Hong Kong HR Awards 2025/26’. With the theme ‘Empowering Talent and Technology Towards Tomorrow’, the awards recognised 70 companies, for their excellence in talent acquisition and management strategies. The ceremony was attended by approximately 450 guests, witnessing the industry’s achievements in integrating technology with talent development.

Mr Bill Lee, Managing Director, Hong Kong, Jobsdb by SEEK, stated, “Now in its fifth year, The Hong Kong HR Awards are once again dedicated to celebrating the exceptional organisations and visionary individuals who are reshaping the future of people strategy in Hong Kong. This year’s winners demonstrate how forward‑thinking employers are transforming talent attraction, development and engagement through the smart use of data and technology. We are also proud to introduce the inaugural SEEK APAC Employer of the Year Award, recognising excellence across our Asia markets plus Chinese Mainland and reinforcing Hong Kong’s role as a hub for talent in Asia Pacific. At Jobsdb, we are committed to providing the tools and insights to help the local workforce navigate this transformation and unlock new possibilities for growth.”

For the full list of winners and more details, please visit:
https://hk.employer.seek.com/page/the-hong-kong-hr-awards-2025-26-winners

Hashtag: #Jobsdb #AI #SEEK

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

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/20/seeks-ai-lead-speaks-at-global-talent-summit-how-responsible-ai-is-helping-connect-candidates-and-hirers-with-trust-in-an-increasingly-noisy-hiring-market/