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Taicang Day in Munich: Celebrating 18 Years of Sino-German Industrial Innovation

Source: Media Outreach

MUNICH, GERMANY – Media OutReach Newswire – 17 April 2026 – The 18th edition of “Taicang Day” successfully convened at the BMW Welt Auditorium on April 16, marking nearly two decades of continuous economic and cultural exchange between the Chinese port city and Germany’s industrial heartland. The event attracted nearly 300 political and business leaders to explore new paths for bilateral collaboration. Since its inception in Stuttgart in 2008, “Taicang Day” has evolved from a simple investment briefing into a multi-dimensional platform integrating technology, education, and sports.

The event featured a distinguished lineup of speakers who shared their insights on deepening cooperation. Gudrun Weidmann, Director for Internationalization at the Bavarian Ministry of Economic Affairs; Zhai Qian, Minister Counselor of the Chinese Embassy in Germany; Chen Xiaodong, Deputy Director of the Jiangsu Provincial Department of Commerce; Dr. Christian Scharpf, Deputy Mayor of Munich and Head of the Department of Labor and Economic Affairs, and Michaela Schenk, Chair of the Foreign Trade Committee of the Chamber of Commerce and Industry for Munich and Upper Bavaria, delivered opening remarks. The proceedings were moderated by Stefan Geiger, Chairman of the China-Western Bavaria Business and Cultural Association.

18th Taicang Day in Munich

Chen Gao, Secretary of the CPC Taicang Municipal Committee, delivered a keynote address titled “Green, Innovation, and Integration: Establishing a Model for Sino-German Cooperation.” In his speech, Chen drew a poetic parallel between Munich and Taicang’s home region of Suzhou, describing both as paragons of the perfect fusion between tradition and modernity where cutting-edge technology and modern industry coexist harmoniously with rich cultural heritage.

Reflecting on 33 years of deep engagement with Germany, Chen emphasized that Taicang’s bilateral cooperation has reached a historic turning point, transitioning from merely attracting foreign capital to fostering two-way investment, and from industrial supply-chain support to the co-creation of a complete industrial ecosystem. The Secretary highlighted three flagship Taicang projects recently included in the official achievement list of the high-level Sino-German summit—the Schaeffler Humanoid Robot Digital Factory, the Sino-German Taicang Zero-Carbon Park, and the Taicang Rhine-Neckar Innovation Center. These milestones vividly demonstrate Taicang’s momentum in pivoting toward green transformation, collaborative innovation, and deep bilateral integration. Taicang’s strategy remains built on the philosophy of long-termism, with Chen reaffirming the city’s dedication to optimizing a market-oriented, law-based, and internationalized business environment while reinforcing its brand identity as a “home away from home” for German community.

Following these addresses, the event yielded several milestone agreements aimed at facilitating practical cooperation, including the official inauguration of the VDE China representative office in Taicang and the signing of a new batch of German scientific innovation projects. To further support the internationalization of local firms, the Taicang Enterprise Overseas Service Center was officially unveiled, alongside a dedicated matchmaking session for Chinese companies expanding into global markets. Furthermore, State Grid Taicang Power Supply Company presented its latest initiatives in Green Compliance and Environmental Sustainability, a presentation that received widespread acclaim for aligning industrial power solutions with international ESG standards.

Taicang’s strategic appeal is rooted in its premier location adjacent to Shanghai and its world-class infrastructure. Situated within a 30-minute commuting radius of central Shanghai, the city offers rapid access to Hongqiao Airport in 20 minutes and Pudong International Airport in just over an hour. Its maritime gateway, the Port of Taicang, features a 12.5-meter deep-water channel and ranks 8th in China and 20th globally, with an annual throughput exceeding 10 million TEUs. This logistics network supports a robust industrial ecosystem of over 5,000 enterprises, where 70% of vehicle components can be sourced locally.

Widely recognized as the “Home of German Enterprises” in China, Taicang now hosts over 560 German firms, including 60 “hidden champion” companies. This specialized cluster represents more than 10% of all German manufacturing enterprises in China. The city’s collaborative success is further evidenced by projects mentioned above in Chen Gao’s speech such as the Schaeffler Humanoid Robot Digital Factory and the Sino-German Taicang Zero-Carbon Park, and the Taicang Rhine-Neckar Innovation Center, all of which were included in the official achievement list of the German Chancellor’s visit to China.

To support its growing international community, Taicang has developed a sophisticated service ecosystem. The city’s Foreigner Service Center integrates 73 specialized services, supported by the “Hi Taicang” card which provides foreign residents with enhanced convenience in healthcare, education, and transportation. Complemented by cultural landmarks like the Rothenburg-themed street and authentic German bakeries, Taicang has created an environment where international partners can truly root themselves for long-term success.

Hashtag: #TIZ

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/2026/04/17/taicang-day-in-munich-celebrating-18-years-of-sino-german-industrial-innovation/

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Asian Sports and Leisure Online Exhibition 2026: Connecting Global Buyers with the Future of Sports and Leisure

Source: Media Outreach

TAIPEI, TAIWAN – Media OutReach Newswire – 16 April 2026 – The Asian Sports and Leisure Online Exhibition 2026 (ASLE 2026) will officially open on April 16, 2026, offering global buyers a one-stop sourcing platform to connect with verified Asian suppliers across the sports, fitness, and leisure industries. Running until August 31, 2026, the exhibition adopts a hybrid online and offline integration model, providing nearly five months of continuous sourcing opportunities and business engagement.

The exhibition focuses on connecting Asian suppliers with global importers and exporters, streamlining cross-border procurement processes, enhancing supply-demand matching efficiency, and enabling businesses to expand into international markets more effectively.

Since its debut in 2022, ASLE, co-organized by AsianNet and TradeAsia (www.e-tradeasia.com), has consistently attracted high-quality international buyers. With strong performance in precise matchmaking, inquiry conversion, and actual order generation, it has become one of Asia’s most representative online B2B trade exhibitions.

Global Exhibition Synergy and Expanded Scale

The 2026 edition will feature a significant scale upgrade and run concurrently with several leading international exhibitions, including the FIBO Germany International Fitness and Wellness Expo, Techtextil Frankfurt, the Outdoor Retailer and Outdoor Design and Innovation Expo in the USA, ISPO USA, and the India International Sports Goods Expo.

By aligning with global exhibition schedules and integrating cross-platform resources, ASLE 2026 consolidates international buyer traffic and enables procurement professionals to efficiently complete supplier selection, product comparison, and sourcing decisions. This approach significantly shortens decision-making cycles and improves procurement accuracy.

Centered on high-efficiency matching, targeted traffic, and conversion-driven results, the exhibition establishes a comprehensive B2B business connection ecosystem. It enhances exhibitors’ global exposure, improves inquiry quality, and effectively drives order conversion and market expansion.

Showcasing Verified Suppliers and Diverse Product Categories

ASLE 2026 will feature a strong lineup of leading Asian manufacturers, demonstrating the depth and innovation of the region’s sports and leisure industry. Participating companies include JIH KAO ENTERPRISE, FLYWELL INTERNATIONAL, YI CHI HSIUNG, and HSIN HAO HEALTH MATERIALS.

These suppliers will showcase a wide range of products, including fitness equipment, sports gear, functional textiles, outdoor and camping products, and health-related solutions, providing buyers with diverse sourcing options across multiple categories.

ASLE 2026 highlights core sports categories such as Sports and Game Equipment, Sport Ball Equipment and Gear, Fitness and Body Building, Skateboarding and Skating Equipment, and Water Sports Equipment and Supply. The exhibition also features sports accessories, sportswear, and technical textiles, as well as lifestyle segments including Outdoor and Camping Recreation, Sporting and Travel Goods, and Indoor Games and Leisure. Health and Wellness and health food products further extend the exhibition’s cross-industry integration.

By integrating technological innovation with practical applications, ASLE 2026 provides a high-efficiency B2B sourcing environment that enables global buyers and industry partners to expand markets, accelerate procurement decisions, and establish long-term business relationships.

Digital Features Enhancing Efficient Sourcing

The Asian Sports and Leisure Online Exhibition 2026 introduces a range of advanced digital features, including dedicated exhibitor pages, e-catalogs, and integrated online exhibition interfaces. Fully integrated with the TradeAsia platform, these tools significantly enhance supplier visibility and maximize sourcing efficiency.

In addition, the exhibition incorporates an efficient business matching mechanism, enabling buyers to quickly identify suitable suppliers based on their sourcing needs. International buyers can access the exhibition anytime, explore detailed supplier information, and utilize online inquiry functions to accelerate procurement decision-making.

This hybrid model effectively eliminates time and geographical barriers while delivering a cost-efficient and results-driven global sourcing experience.

Start Sourcing Now

Explore suppliers, discover products, and send inquiries directly through the official exhibition platform:
https://www.e-tradeasia.com/online-show/44/Asian-Sports-and-Leisure-Online-Exhibition-2026.html

Hashtag: #TradeAsia

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/2026/04/16/asian-sports-and-leisure-online-exhibition-2026-connecting-global-buyers-with-the-future-of-sports-and-leisure/

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WoF and CoF A changes to save Kiwis billions

Source: New Zealand Government

New Zealand’s Warrant of Fitness (WoF) and Certificate of Fitness A (CoF A) light vehicle inspection requirements will soon be significantly reformed, saving Kiwis time and money, Transport Ministers Chris Bishop and James Meager say.

“Compared to other countries, New Zealand has very frequent inspections for light vehicles. Modern light vehicles are significantly safer and more reliable, but our rules haven’t kept pace, imposing unnecessary costs on motorists. Other countries including Ireland, Germany, Japan, and Australia inspect every one to two years or at ownership change and achieve comparable or better safety outcomes,” Mr Bishop says.

“The Government’s changes mean that most light vehicles under 14 years old will move to two-yearly WoF inspections (up from yearly), and new vehicles will go four years before their second WoF. Older vehicles, motorcycles, and light rental vehicles will move from six-monthly to yearly inspections.

“These simple changes will deliver massive benefits for Kiwis. The cost-benefit analysis shows the changes are expected to deliver between $2.6 billion and $4.1 billion in net benefits over 30 years through reduced inspection fees, less time spent on compliance, and fewer unnecessary repairs.

“I know many people will welcome these changes, especially when many households are feeling pressure due to high petrol and diesel prices due to the conflict in the Middle East.

“Overall, the Government’s changes align inspection effort with actual safety risk, meaning fewer unnecessary inspections, lower costs for vehicle owners, and less time spent jumping through administrative hoops – while still ensuring the cars on our roads are safe to drive.

“The Government consulted on these changes last year, with 74 per cent of respondents in support of reducing inspections for lower-risk vehicles.”

Under the new settings, changes will come into effect in two stages. Implementation is subject to the completion of the Order in Council process.

From 1 November 2026:

  • New light vehicles will require their second WoF after four years instead of three.
  • Light vehicles over 14 years, and motorcycles registered before 1 January 2000, will move to annual WoF inspections (up from six‑monthly for some vehicles).
  • Light rental vehicles will move from six monthly to yearly inspections.
  • WoF and CoF A inspections will be expanded to include certain Advanced Driver Assistance Systems (ADAS) features.
  • Light vehicles aged 4-14 years, and registered on or after 1 November 2019, will transition from annual to two yearly WoF inspections

From 1 November 2027:

  • Light vehicles aged 4-14 years, and registered on or after 1 November 2013, will transition from annual to two yearly WoF inspections.

“The changes mean that compulsory inspections will be focused where they make the biggest difference to safety – older and higher-risk vehicles. Data on safety risk shows an increase in crashes where vehicle factors were recorded for vehicles from about 15 years of age,” Mr Meager says.

“We’re confident that the changes will not come at the expense of road safety. Inspections are being expanded to include modern safety systems, and the Government will also strengthen penalties for non-compliance and increase public education.

“Modelling conservatively suggests there could be an estimated 0.6 to 1.3 per cent increase in defect-related crashes. However, New Zealand crash data shows defects identified during inspections contribute to a small proportion of death and serious injury crashes (3.5 per cent), far less than other factors like speed, alcohol and drugs (23 per cent and 34 per cent respectively).”

These changes deliver on commitments under the Government’s Land Transport Rules Reform programme, which is focused on modernising outdated rules, reducing red tape, and supporting a safer, more productive transport system.

MIL OSI

LiveNews: https://livenews.co.nz/2026/04/16/wof-and-cof-a-changes-to-save-kiwis-billions/

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Africa – Record number of people displaced into neighbouring countries as Sudan conflict marks three years – Oxfam

Source: Oxfam Aotearoa

As Sudan’s gruelling conflict enters its fourth year, a record number of people have now been displaced by the world’s worst humanitarian and displacement crisis, accelerating hunger and suffering.
More than 30 million people – over half the population – in Sudan urgently need humanitarian support. Nearly 14 million people have been forced from their homes since the conflict began in April 2023. Almost a third – 4.5 million – fled to neighbouring countries Chad, the Central African Republic, Egypt, Ethiopia, Libya and South Sudan; countries already struggling with under-funded emergencies.
The crisis is compounded by the decimation of lifesaving support from the UN and humanitarian agencies, including Oxfam, who have been forced to either stop or scale back programmes across the region due to funding cuts. Some aid agencies have closed entirely, while those still operating are now only able to assist only a fraction of those in need.
More than 1.3 million people have crossed the border to South Sudan, a country already grappling with hunger and insecurity with over 300,000 displaced by renewed fighting in Jonglei state. In Renk, the main transit centre is now operating at more than four times its capacity.
Oxfam staff in Renk have reported that, families are having to sleep out in the open areas as spaces run out. Water and food rations have significantly reduced with families receiving less than half of their monthly food rations while access to clean water has dropped leaving thousands to rely on unsafe water sources. 26 deaths were also reported since January linked to severe malnutrition and shortages of medical supplies.
Oxfam in Africa Director, Ms Fati N’Zi-Hassane said:
“This is a damning political failure. It is devastating that millions of people are in desperate need across so many countries, at a time when aid cuts have drastically reduced support. It’s completely unacceptable.
“In Renk, before the funding cuts, Oxfam was supporting over 40,000 people with lifesaving assistance, including water, food and cash assistance. That number has dropped to just over 7,000 people and no longer includes food support. Families are having to survive on five litres of water a day and a latrine that once supported 28 people is now used by over 70, more than double the maximum standard.”
Hamdi, a mother of three who recently arrived in Renk said to Oxfam staff:
“I lost most of my family to the conflict in Sudan. I walked for days to get to South Sudan but until now I have not managed to get a space for my three children in the transit center, we had to set up a makeshift home in the open area which is not safe for us all. The food we are getting is not enough but at least we are safe from the war for now.”
Chad alone has taken in over one million refugees from Sudan – more than in the previous two decades combined – while an estimated 3 million people in the country will need food assistance at the peak of the upcoming lean season from July to September with Sudanese refugees in the eastern province being the hardest hit.
Yet funding to Chad continue to drop. U.S. contributions to the refugee crisis dropped from $87.5 million in 2024 to $39.9 million in 2025 – covering only 9.8% of requirements in 2025 even as the number of refugees continues to increase, stretching the response.
Germany and the African Union have confirmed plans to co-host the third international Sudan conference in Berlin on 15 April. The meeting aims to support peace efforts and mobilize humanitarian aid amid ongoing conflict.
Ms N’Zi-Hassane said:
“As leaders gather In Berlin, they must go beyond boardroom discussions and ensure real progress towards both peace and an urgent funding increase for the crisis. Sudanese people and their neighbours have suffered long enough. They cannot afford more meetings that do nothing to both end the conflict and the misery millions are being forced to endure.”
Notes:
  • Oxfam is supporting refugee response in Chad and South Sudan with clean water and hygiene facilities, food, cash assistance and protection services.
  • In 2025, Sudan Regional Refugee Response plan was only 25% funded, leaving critical gaps in lifesaving support.
  • 4.5 million people fled to neighbouring countries according to UNHCR
  • FEWS NET estimates that nearly 3 million people will need food assistance at the height of the lean season in Chad – see here –  Food insecurity deteriorates in Chad due to effects of refugee influx and conflict | FEWS NET
  • Food Insecurity and malnutrition in South Sudan remain extremely high according to the IPC with 7.5 million people -53% projected to experience high level of food insecurity (IPC Phase 3 or above)
  • US contribution to UNHCR Chad Refugee Response
  • Emergency standards recommend no more than 50 people per latrine at the onset of a crisis, improving to 20 over time. In Renk, South Sudan that has risen to 70 or more per latrine-pushing facilities beyond safe limits and increasing the risk of outbreaks such as cholera and dysentery.
  • For water, Sphere standards set a minimum of 7.5 litres per person per day in water-scarce emergency contexts, with an ideal target of 20 litres.

MIL OSI

LiveNews: https://livenews.co.nz/2026/04/15/africa-record-number-of-people-displaced-into-neighbouring-countries-as-sudan-conflict-marks-three-years-oxfam/

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XEV Dismantles the Dealership Model: New “Hardware + Service” Ecosystem Separates Vehicle Cost from Power and Slashes EV Entry Prices in Europe

Source: Media Outreach

TURIN, ITALY – Media OutReach Newswire – 14 April 2026 – The traditional automotive model is obsolete. It is rigid, capital-heavy, and dependent on massive dealership inventories that drive up costs for the consumer. XEV is now challenging that legacy structure with the rollout of its Customer-to-Manufacturer (C2M) ecosystem. By launching the world’s first mass-customization project for micro electric vehicles, including the flagship XEV YOYO, the company allows European drivers to order personalized vehicles directly. This approach eliminates the inventory burden and introduces a “Battery-as-a-Service” model that removes the two biggest barriers to EV adoption. Those barriers are high upfront costs and residual value risk.

XEV


Decoupling the Battery from the Price Tag

For decades, the battery has been the most expensive single component of an electric car. It is also the component most likely to depreciate. XEV’s innovative business model fundamentally alters this equation by separating the vehicle (hardware) from the battery (service).

Customers purchase the car but lease the energy capacity. This strategy significantly lowers the initial purchase price. It makes premium urban mobility accessible to a broader demographic. This ranges from young professionals seeking their first vehicle to fleet operators managing tight margins.

“We are not just manufacturing cars. We are redefining vehicle ownership,” says the XEV leadership team. “Our goal is to make car production as flexible as smartphone manufacturing. We give users exactly what they need for city living without the financial weight of traditional ownership.”

3 Minutes to Full Power: Solving the Charging Crisis

Range anxiety remains a critical hurdle for European EVs. This is particularly true for drivers without private home charging infrastructure. XEV addresses this with its proprietary battery swapping network.

The XEV YOYO and the upcoming XEV XPRESSION are engineered with a modular battery system. Instead of waiting hours at a charging point, drivers pull into a dedicated station. They complete a fully automated battery replacement in approximately three minutes.

This “SWAPPING” technology does more than save time. It improves operational efficiency for commercial users and ensures the vehicle is immune to battery degradation. Since the driver does not own the battery, they never have to worry about the cell’s lifespan affecting the car’s resale value. This creates a “Zero Usage Anxiety” experience for the owner.

Data-Driven Customization: The End of “One Size Fits All”

The XEV lineup is purpose-built for the narrow streets and high congestion of European cities. With a compact footprint of roughly 2.5 meters, the YOYO navigates historic city centers with ease. However, small size does not mean limited options.

Unlike legacy automakers that push stock inventory, XEV utilizes a data-driven C2M model. Users configure their vehicles via an online platform. They select distinct exterior colors, interior materials, wheel designs, and specific features. This user input triggers a flexible production process that creates a customizable car tailored to specific tastes. XEV uses the massive data generated from these customization choices to refine future designs and forecast market trends with precision.

Commercial Application: Powering the Last-Mile Economy

The flexibility of the XEV platform extends well beyond personal commuting. It is designed to serve the booming last-mile economy. The platform supports last-mile delivery vehicles and shared mobility fleets.

XEV provides specialized enclosed cargo options for logistics companies. The vehicle can even be customized for small business applications, such as mobile coffee carts or retail trucks. For small business owners, the vehicle serves as a mobile asset that can be configured for specific trades, effectively lowering the barrier to entry for entrepreneurs.

XEV has already initiated pilot projects with major European logistics firms to prove the model’s viability for high-frequency urban commuting and commercial delivery. For car-sharing services, the high utilization rates and low maintenance needs of the YOYO make it an ideal asset for time-based rental fleets. The modular design further supports this eco-friendly lifecycle by facilitating easy repair and part upgrades. This extends the product lifespan and reduces waste compared to traditional vehicles that are often scrapped when a single major system fails.

A Strategic Supply Chain for a New Era

XEV achieves this level of flexibility through a strategic manufacturing model. The company adopts a capital-light approach that relies on deep collaboration with mature Asian automotive supply chains. This ensures rigorous quality control and cost efficiency without the bloating of traditional manufacturing.

Simultaneously, XEV is committed to European localization. The company is currently establishing assembly hubs and battery swapping networks across Europe to better serve local demand. This dual approach allows XEV to combine global manufacturing power with local market responsiveness. It ensures that while the technology is global, the support and infrastructure are local.

Availability

Sales and deliveries of the XEV YOYO have commenced in selected European markets, including Italy and Germany. The company continues to expand its infrastructure to support the growing network of users who demand a smarter and cleaner way to move through their cities.

For more information on the YOYO and the battery-swapping network, visit https://www.xev-global.com/yoyo or explore the upcoming XPRESSION model at https://www.xev-global.com/xpression.

Hashtag: #XEV

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/2026/04/15/xev-dismantles-the-dealership-model-new-hardware-service-ecosystem-separates-vehicle-cost-from-power-and-slashes-ev-entry-prices-in-europe/

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Vingroup Launches Hanoi – Quang Ninh High-Speed Railway Project

Source: Media Outreach

QUANG NINH, VIETNAM – Media OutReach Newswire – 12 April 2026 – The People’s Committee of Quang Ninh Province, in coordination with Vingroup and the People’s Committees of Hanoi, Hai Phong, and Bac Ninh, today officially launches the Hanoi– Quang Ninh high-speed railway project, which is expected to be completed by the end of 2028. With a maximum design speed of up to 350 km/h, the project will shorten travel time between the two localities by five to seven times, to approximately 23 minutes.

Rendering of Ha Long terminal station at Vinhomes Global Gate Ha Long urban area (Quang Ninh).

The launch ceremony for the Hanoi – Quang Ninh high-speed railway project is part of a series of activities celebrating the successful election of deputies to the 16th National Assembly and People’s Councils at all levels for the 2026-2031 term, aimed at creating momentum for a new phase of development.

The event was attended by Mr. Le Minh Hung, Politburo Member and Prime Minister; Mr. Pham Minh Chinh, former Politburo Member and former Prime Minister; Mr. Pham Gia Tuc, Politburo Member and Standing Deputy Prime Minister; Mr. Nguyen Hoa Binh, former Politburo Member and former Standing Deputy Prime Minister; Mr. Luong Tam Quang, Politburo Member and Minister of Public Security; along with leaders of central ministries, agencies, and localities.

The Hanoi – Quang Ninh high-speed railway project is developed by VinSpeed High-Speed Railway Investment and Development Joint Stock Company, a member of Vingroup, with a total investment of over VND 147 trillion, equivalent to more than USD 5.6 billion, excluding land clearance costs.

The project spans four localities: Hanoi, Bac Ninh, Hai Phong, and Quang Ninh, with a total length of 120.2 km. It is designed as a double-track, standard-gauge (1,435 mm), fully electrified railway, with a maximum operating speed of up to 350 km/h. The section passing through Hanoi will operate at a maximum speed of 120 km/h. The project is expected to deploy the latest generation of high-speed trains, alongside world-class signaling, communications, and equipment systems supplied by Siemens Mobility (Germany), with a roadmap for technology transfer to VinSpeed during operations.

The starting point of the line will be at Co Loa Station, located within the Vietnam National Exhibition Center, Vinhomes Global Gate Hanoi urban area. The terminal station will be Ha Long Station, located within Globe Forest Park, Vinhomes Global Gate Ha Long, Quang Ninh. The route will include three intermediate stations at Gia Binh (Bac Ninh), Ninh Xa (Hai Phong), and Yen Tu (Quang Ninh), as well as one depot located at the Ha Long terminal station.

Prime Minister Le Minh Hung and delegates perform the project launch ceremony for the Hanoi – Quang Ninh high-speed railway project.

According to plan, the project is expected to be completed and enter commercial operation in 2028, reducing travel time from Hanoi to Quang Ninh by five to seven times, from over two hours to approximately 23 minutes.

Speaking at the ceremony, Mr. Bui Van Khang, Deputy Secretary of the Provincial Party Committee and Chairman of the People’s Committee of Quang Ninh Province, stated: “The Hanoi – Quang Ninh high-speed railway is a mega-project that carries significant expectations. It demonstrates the capacity and strong commitment of the investor, and stands as clear evidence of the increasingly deep participation of the private sector in critical national infrastructure. We are committed to continuing close coordination with central ministries and the investor throughout project implementation; proactively addressing any arising challenges; and ensuring land clearance, resettlement, and all necessary conditions are in place for the project to be delivered on schedule and to the highest quality standards.”

As the first inter-regional high-speed railway project to be implemented in Vietnam, the Hanoi –Quang Ninh line is expected to create strong momentum for the Northern Key Economic Region, while marking a significant step toward a new era of accelerated development, contributing to the realization of the Party’s and Government’s determination to enhance national competitiveness.

Representing the investor, Mr. Nguyen Viet Quang, Vice Chairman and Chief Executive Officer of Vingroup, shared: “Today’s launch ceremony for the Hanoi – Quang Ninh high-speed railway affirms Vingroup’s strong commitment to contributing to infrastructure development, steadily building a modern, internationally-standardized transport infrastructure system, thereby supporting socio-economic growth and improving the quality of life for the Vietnamese people.”

Mr. Michael Peter, Global CEO of Siemens Mobility, shared: “We are committed to bring to Vietnam the world’s most advanced, safest, and most efficient high-speed rail system with proven track record across the globe. Every day, our trains run around one million kilometers, three times the distance to the moon, with an unbeaten safety record. Each train is developed fully digitally, delivering maximum energy efficiency and a superior passenger experience. Siemens is committed to deliver a close and sustainable partnership with Vingroup, where we envision a true win-win partnership, including an extensive technology transfer program. We will build and service these trains together, creating a new railway ecosystem in Vietnam.”

The Hanoi – Quang Ninh high-speed railway is the second project undertaken by VinSpeed. In December 2025, VinSpeed officially broke ground of the Ben Thanh – Can Gio railway line in Ho Chi Minh City, which is also expected to be completed in the fourth quarter of 2028.

The consecutive rollout of two high-speed railway projects in both the northern and southern regions not only affirms VinSpeed’s strong execution capabilities, but also lays the foundation for the development of a multi-billion-dollar railway and supporting industries ecosystem, contributing to elevating Vietnam’s position and competitiveness on the global stage.

Hashtag: #Vingroup #VinSpeed

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/2026/04/12/vingroup-launches-hanoi-quang-ninh-high-speed-railway-project/

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XEV Will Launches A New “Hardware + Service” EV Model in Europe, Cutting Entry Costs and Expanding Access to Battery Swapping

Source: Media Outreach

TURIN, ITALY – Media OutReach Newswire – 11 April 2026 – XEV today announced the European rollout of its new Customer-to-Manufacturer (C2M) ecosystem, a direct-order model designed to lower the cost of entering the electric vehicle market by separating vehicle ownership from battery service. Through the program, customers can purchase an XEV vehicle while leasing its battery capacity, reducing upfront costs and addressing two of the biggest barriers to EV adoption in Europe: high purchase prices and concerns over battery depreciation and residual value. XEV is currently in discussions with capable partners, and many well-known large enterprises are hoping to get an early foothold in the new energy industry. This move will allow them to quickly enter the new energy sector.”

XEV Will Launches A New “Hardware + Service” EV Model in Europe, Cutting Entry Costs and Expanding Access to Battery Swapping

The launch marks a major shift from the traditional dealership model, which relies on costly inventory and standardized vehicle stock. With XEV’s C2M approach, drivers can configure vehicles directly online, enabling personalized production while reducing the capital burden typically built into retail pricing.

“We are not just manufacturing cars. We are redefining vehicle ownership,” says the XEV leadership team. “Our goal is to make car production as flexible as smartphone manufacturing. We give users exactly what they need for city living without the financial weight of traditional ownership.”

Built for European cities, customized by users

XEV’s vehicles are designed specifically for dense urban environments. With a compact footprint of approximately 2.5 meters, the YOYO is built to navigate narrow streets and congested city centers while still offering a high degree of personalization.

Through XEV’s online platform, customers can configure their vehicles by selecting exterior colors, interior materials, wheel designs, and other features. These choices feed into XEV’s flexible production model, which supports mass customization rather than one-size-fits-all inventory.

3 Minutes to Full Power: Solving the Charging Crisis

Range anxiety remains a critical hurdle for European EVs. This is particularly true for drivers without private home charging infrastructure. XEV addresses this with its proprietary battery swapping network.

The XEV YOYO and the upcoming XEV XPRESSION are engineered with a modular battery system. Instead of waiting hours at a charging point, drivers pull into a dedicated station. They complete a fully automated battery replacement in approximately three minutes.

This “SWAPPING” technology does more than save time. It improves operational efficiency for commercial users and ensures the vehicle is immune to battery degradation. Since the driver does not own the battery, they never have to worry about the cell’s lifespan affecting the car’s resale value. This creates a “Zero Usage Anxiety” experience for the owner.

Commercial Application: Powering the Last-Mile Economy

The flexibility of the XEV platform extends well beyond personal commuting. It is designed to serve the booming last-mile economy. The platform supports last-mile delivery vehicles and shared mobility fleets.

XEV provides specialized enclosed cargo options for logistics companies. The vehicle can even be customized for small business applications, such as mobile coffee carts or retail trucks. For small business owners, the vehicle serves as a mobile asset that can be configured for specific trades, effectively lowering the barrier to entry for entrepreneurs.

XEV has already initiated pilot projects with major European logistics firms to prove the model’s viability for high-frequency urban commuting and commercial delivery. For car-sharing services, the high utilization rates and low maintenance needs of the YOYO make it an ideal asset for time-based rental fleets. The modular design further supports this eco-friendly lifecycle by facilitating easy repair and part upgrades. This extends the product lifespan and reduces waste compared to traditional vehicles that are often scrapped when a single major system fails.

A Strategic Supply Chain for a New Era

XEV achieves this level of flexibility through a strategic manufacturing model. The company adopts a capital-light approach that relies on deep collaboration with mature Asian automotive supply chains. This ensures rigorous quality control and cost efficiency without the bloating of traditional manufacturing.

Simultaneously, XEV is committed to European localization. The company is currently establishing assembly hubs and battery swapping networks across Europe to better serve local demand. This dual approach allows XEV to combine global manufacturing power with local market responsiveness. It ensures that while the technology is global, the support and infrastructure are local.

Availability

Sales and deliveries of the XEV YOYO have commenced in whole European markets, including major countries of Italy and Germany, Spain and France and Argentina of South America, Peru of Africa etc.. The company continues to expand its infrastructure to support the growing network of users who demand a smarter and cleaner way to move through their cities.

For more information on the YOYO and the battery-swapping network, visit https://www.xev-global.com/yoyo or explore the upcoming XPRESSION model at https://www.xev-global.com/xpression.

Hashtag: #XEV

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/2026/04/11/xev-will-launches-a-new-hardware-service-ev-model-in-europe-cutting-entry-costs-and-expanding-access-to-battery-swapping/

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Lau Yee-Wa Wins First Chommanard International Literary Award

Source: Media Outreach

BANGKOK, THAILAND – Media OutReach Newswire – 10 April 2026 – At Elite+ magazine’s 12th anniversary gala dinner on Friday, 3 April 2025, held at the Chatrium Hotel Riverside Bangkok, Lau Yee-Wa of Hong Kong was named the inaugural Chommanard International Literary Award grand prize winner for Lau Yee-Wa’s debut novel, Tongueless. The selection was made after almost a year from the call for submissions by female authors from ASEAN member states and East Asian region, including China, Hong Kong and Taiwan.

Nearly 70 books from 47 publishers representing 10 countries were submitted for this competition. But, for the past 15 years, Praphansarn Publishing, with the sponsorship of Bangkok Bank, has been organising the Chommanard Book Prize, which is given annually for the best book written by a Thai female writer, the winner receiving a cash prize of 100,000 baht and the publication of her book translated into English.

Mr Arthorn Techatada, the Award Program Director, explained, “After holding the Chommanard Book Prize for 15 years, it now seemed this was the right time to expand our programme to include ASEAN and China Region female writers as it is very important to promote outstanding female literary talent throughout the region and the world beyond as Asian female writers don’t get the deserved recognition, and fortunately, Bangkok Bank agreed.”

Mr Arthorn then with the assistance of Associate Professor Dr Trisilpa Boonkhachorn of the Faculty of Arts, Chulalongkorn University, invited and formed a panel of judges from Thailand, Indonesia, Hong Kong, Malaysia, the Philippines, France and Germany. All were given the arduous task of reading every submission, followed by deciding on a longlist and then shortlist and country winners from which the grand prize winner would be selected.

The shortlist winners included Li Zi Shu, an award-winning Chinese language writer from Malaysia, for her book, The Age of Goodbyes; Thuận, a Vietnamese author based in Paris who writes in both Vietnamese and French, for her novel, Chinatown. She was also recognised by The New Yorker Best Books 2023. Next are the acclaimed Thai writer Veeraporn Nitiprapha, a two-time winner of the SEA Write Award for her novel, Memories of the Memories of the Black Rose Cat; Isna Marita, an Indonesian author and Environmentalist for her first novel, Mountain More Ancient; Dr Nguyễn Phan Quế Mai of Viet Nam, who has written 13 books in Vietnamese and English, for her book, The Mountains Sing; Leila S Chudori, an award-winning journalist and novelist, for her novel, The Sea Speaks His Name; Yáng Shuāng-zǐ, a writer of fiction, essays, manga and video game scripts, for her novel, Taiwan Travelogue, and Lau Yee-Wa of Hong Kong, who studied Chinese literature and philosophy, for her debut novel, Tongueless.

The two country winners, who along with the shortlisted authors, attended over a week of activities centred around the Bangkok International Book Fair organised by PUBAT (Publishers and Booksellers Association of Thailand) and visits to important media organisations. They include Jemimah Wei of Singapore for her debut novel, The Original Daughter, which was a Good Morning America Book Club selection and New York Times Editors’ pick, and Marga Ortigas, an award-winning journalist from the Philippines, for her novel, The House on Calle Sombria.

When Associate Professor Dr Trisilpa Boonkhachorn, jury chairperson, announced Lau Yee-Wa as the grand prize winner, the audience and especially the shortlisted and country winners erupted in loud cheers and applause. Then, after receiving a 500,000 baht prize presented by Mr Chartsiri Sophonphanich, President of Bangkok Bank, Ms Lau Yee-Wa gave the keynote speech for the gala celebration on the topic, “Deschooling Society for Global Peace”.

Ms Lau Yee-Wa began, “I never expected to receive such an award or to have my novel translated into so many languages, including Thai. I thought the story, written in Cantonese, was too colloquial and based on such a local Hong Kong context, it would be difficult to understand.”

Later, the winning author went on, “Then, I realized I was not writing fiction. I was documenting a quiet, invisible form of violence that happened every day in the classroom, workplace and even daily life in the whole world. This violence is called deschooling, which the philosopher Ivan Illich warned us about more than 50 years ago.”

Ms Lau Yee-Wa closed by saying, “I believe that Tongueless is my own small, stubborn act of deschooling. I refused to wrap the story in comforting, official language. I let the pain, the vanity, the quiet rebellion, and the flnal demand for choice speak in their rawest form. In doing so, I rediscovered my own voice—and I hope every reader who finishes the book begins to hear theirs again.”

The guidelines for submissions for the Chommanard Book Prize for Thai writers writing in Thai and the Chommanard International Women’s Literary Award for writers from ASEAN member and China region countries will be announced in the coming months. You can find additional information by visiting the Chommanard International Women’s Literary Award website @ https://virf.io/chommanard/home or by contacting virf@elitecreative.co.th.

Hashtag: #Elite+ #ChommanardInternationalLiteraryAward

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/2026/04/10/lau-yee-wa-wins-first-chommanard-international-literary-award/

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Death by aid cuts: Oxfam reaction to OECD preliminary data on aid spending in 2025

Source: Oxfam Aotearoa

In response to the publication today of the Organization for Economic Cooperation and Development’s (OECD) preliminary data on Official Development Assistance (ODA) for 2025, Oxfam Aotearoa’s Advocacy and Policy Lead Nick Henry said:
“This report shows New Zealand aid fell by 12.8% in 2025. This is a huge problem for our Pacific neighbours who face an accelerating climate crisis.
Now more than ever, New Zealand should be standing with our Pacific neighbours with support for climate adaptation and sustainable development. But the New Zealand Government has not renewed our climate funding commitment for the Pacific and has not increased other aid enough to make up for the shortfall.
Unfortunately, this means New Zealand is now part of the problem.
Oxfam has previously praised the good work done through New Zealand’s support for climate action in the Pacific. We call on the New Zealand Government to restore and extend that support to our Pacific neighbours in this year’s budget.”
Meanwhile Oxfam’s Development Finance Lead Didier Jacobs said:
“Wealthy governments are turning their backs on the lives of millions of women, men and children in the Global South with these severe aid cuts. They collectively slashed aid by 23% in 2025. Based on aid’s crucial role in combating diseases like HIV-AIDS and malaria, the Institute of Global Health of Barcelona estimated that global aid cuts of such magnitude would kill hundreds of thousands of people in 2025 alone. If this trend continues, aid cuts could kill over 9 million people by 2030.
At a time where aid cuts are already driving instability and fostering greater inequality, government donors are cutting life-saving aid budgets while financing conflict and militarization. Cuts from donors including Germany, France and the UK will be felt by the world’s poorest. The United States shut down USAID and recklessly cut aid by $37 billion in 2025, and the Trump administration has been preparing to ask Congress for tens of billions in additional funding for bombs, ammunition, and other military equipment relating to its unlawful war against Iran.
Governments must restore their aid budgets and shore up the global humanitarian system that faces its most serious crisis in decades. There are other ways to find tens of billions of dollars, such as by taxing the $2.84 trillions of dollars that the super-rich hide in tax havens.”
Notes
The OECD preliminary data shows the DAC countries’ aid spending for 2025 was $174.3 billion, a cut of 23% from 2024.
The Institute of Global Health in Barcelona released a study in Lancet Journal (February 2026) that evaluated the impact of ODA on mortality rates around the world. It estimates that aid cuts in 2025 alone, assuming a 21% aid cut, would be responsible for 695,238 excess deaths, and that, if the aid cut trend continued, it could kill 9,416,417 by 2030.
The US Administration is reportedly planning to seek a war appropriation of $80-$100 billion from Congress.
Oxfam estimates that the top 0.1% richest people worldwide hide $2.84 trillion in tax havens. Even a small tax on that wealth would yield much more than the amount of aid cuts.

MIL OSI

LiveNews: https://livenews.co.nz/2026/04/10/death-by-aid-cuts-oxfam-reaction-to-oecd-preliminary-data-on-aid-spending-in-2025/

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Innomotics Accelerates Electrification and Efficiency in Next‑Generation Data Centers

Source: Media Outreach

  • Innomotics expands its portfolio of high‑efficiency motor, drive, and generator systems for hyperscale and AI‑optimized data centers
  • Innomotics accelerates the electrification and efficiency of mission‑critical cooling, power, and safety infrastructure
  • Solutions deliver significant operational, environmental, and financial benefits for operators facing rising power densities and cooling demands
  • Supports global digitalization and the transition toward sustainable, resilient data center ecosystems

NUREMBERG, GERMANY – Newsaktuell – 9 April 2026 – Innomotics, a globally leading supplier of electric motors and large drive systems, is strengthening its role as a strategic partner for the rapidly growing data center industry.

Inside a data center infrastructure/ AI-generated image

As AI and high-performance computing drive unprecedented increases in power density, cooling demand, and energy consumption, Innomotics is expanding its portfolio of high-efficiency motors, medium-voltage drives, and generator systems tailored for mission-critical data center environments.

The global data center market is entering a major investment cycle, with spending expected to reach up to USD 3 trillion by 2030. Electricity demand is projected to grow from ~415 TWh in 2024 to nearly 945 TWh by 2030, while AI racks already require 40–100 kW per rack, with next‑generation systems exceeding 130 kW. Cooling alone accounts for up to 40% of total energy consumption, and approximately 55% of all energy entering a data center is ultimately dissipated as heat, highlighting the need for highly efficient infrastructure solutions.

Data center animation highlighting the role of Innomotics solutions across key applications/ Innomotics

Innomotics provides a comprehensive portfolio of high- and low-voltage motors, medium-voltage drives, and high-voltage generators that ensure reliable and efficient operation of cooling systems, power generation, UPS, and safety infrastructure. Designed for continuous operation, these systems enable precise load control, high energy efficiency, and maximum availability in demanding environments.

High-efficiency motors and variable-speed drives reduce operating costs, improve energy efficiency, and enhance system reliability. At the same time, low harmonic distortion and high power quality protect sensitive equipment, while robust, long-life components ensure continuous 24/7 operation.

Michael Reichle, CEO of Innomotics, highlights the company’s strategic vision:

“Data centers are becoming the backbone of the global digital economy and their infrastructure must be engineered with the same rigor as high‑performance industrial plants. Our vision is to be the leading partner for reliable and efficient data center infrastructure, enabling operators to secure uptime in an increasingly complex and high‑density environment.”

He continues, “Operators face the challenge of balancing availability, scalability, and sustainability. With our high‑efficiency motors, drives, and generator systems, we help customers reduce energy consumption, improve power quality, and ensure the reliability required for 24/7 operation. This is how we support the next wave of AI‑driven growth.”

Additional eLNG materials:
Innomotics Data Center Portfolio
Data Center Expert Interview
LinkedIn Spotlight Series

For more information, visit
https://www.innomotics.com/hub/en/applications/data-center

Follow us on LinkedIn: www.linkedin.com/company/innomotics

For more information, visit www.innomotics.com.

Innomotics GmbH, Communication
Head: Julia Ebenberger, Vogelweiherstr. 1-15, 90441 Nuremberg, Germany

Hashtag: #Innomotics

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/2026/04/09/innomotics-accelerates-electrification-and-efficiency-in-next-generation-data-centers/

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Fastener Taiwan 2026: A Global Hub for Sustainable Innovation and Strategic Sourcing

Source: Media Outreach

TAIPEI, TAIWAN – Media OutReach Newswire – 2 April 2026 – The eighth edition of the Taiwan International Fastener Show is scheduled to take place from April 22 to 24, 2026, at the Kaohsiung Exhibition Center. As global supply chains face unprecedented cost pressures and industrial structure shifts, this premier event serves as an essential platform for international buyers to connect with the world’s most resilient manufacturing clusters. Industry professionals are strongly encouraged to pre-register online now at the official website (www.fastenertaiwan.com.tw) to secure their entry and explore the latest innovations from over 300 exhibitors.

Being the only B2B international fastener trade show in Taiwan, Fastener Taiwan showcases a comprehensive spectrum of products and services, including finished fasteners, fastener machines and materials, molds and tooling, inspection instruments, and hand tools.

Innovative and value-added solutions can be found from key participants including Sheh Fung, a leader in high-end painted screws; ZYH YIN, the primary screw supplier to IKEA; TAIWAN SHAN YIN, providing dental implants and automotive components, and SPEC, a qualified supplier for global brands like Tesla and Mercedes-Benz. Additionally, Taiwan Steel Group (TSG) will present integrated solutions for the aerospace and renewable energy industries, while machinery giants like JERN YAO and CHIEN TSAI will debut energy-efficient forging and thread-rolling technologies.

International brands are increasingly drawn to Taiwan’s growing markets, with exhibitors like Germany’s Dörken Coatings and Achilles Seibert, Japan’s Fukae Spring, and Korea’s HAWERS utilizing the show to expand their global reach.

Beyond the abundant display, Fastener Taiwan features the Global Fastener Forum, where industry experts discuss industry development and analyze regional regulations and opportunities. The Procurement Policy and Market Briefing will host leaders from major European distributor associations- EFDA, BIAFD and FDS, to discuss the implications of the EU CBAM and evolving procurement standards. To offer a deeper perspective, the Site Visit program provides buyers with exclusive access to local factories to witness fastener production process firsthand, while One-on-One Sourcing Meetings offer opportunities to discuss specific enquiries.

Fastener Taiwan 2026 is more than a trade show; it is where global industry leaders gather to forge the next decade of success. We invite professionals from all sectors, especially the aerospace, semiconductor, infrastructure, medical, and construction sectors, to register for visit now (https://reurl.cc/O6XXD9) to empower your business through fastening innovation.

Hashtag: #FastenerTaiwan2026

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

LiveNews: https://livenews.co.nz/2026/04/02/fastener-taiwan-2026-a-global-hub-for-sustainable-innovation-and-strategic-sourcing/

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HKSTP Presents ‘Global Connect – Global Innovation Exchange’

Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 1 April 2026 – Hong Kong Science and Technology Parks Corporation (HKSTP) celebrated the launch of ‘Global Connect – Global Innovation Exchange (GIE),’ a platform that creates a pull for innovation and technology (I&T) ecosystems from the World to Hong Kong, to pour collective efforts into maximising exposure and impact of emerging startups and solutions.

Representatives of consulates and chambers of commerce from 17 countries were in attendance in supporting the cause of the ‘Global Innovation Exchange’ network.

The GIE was designed to bridge for China-HK-International with I&T developments, where year-long international engagement activities are in the works, including a curated series of country-and market-focused networking events, with UK, France, and Germany lined up from April to June, as well as success story sharing sessions, opportunity overviews, and potential partnership projects examinations, building as a two-way gateway enabling overseas innovators leverage the city as a springboard into the vast opportunities in the Greater Bay Area (GBA) opportunities, while supporting companies moving from the Chinese Mainland to Hong Kong and onward to international markets.

Representatives of 17 countries were in presence, apart from local bodies, in supporting the cause that tech ventures are to be introduced to markets overseas, and vice versa. Maurits ter Kuile, Consul General of the Netherlands in Hong Kong and Macao, stated: “Hong Kong is an interesting spot for Dutch companies that are looking to explore the Chinese market. Language, regulations, taxes and an international orientation, are part of the attraction. As a Dutch government body that is looking to support them, we would say that the GIE looks like an appealing concept to give them a leg up.”

Panel discussions on Hong Kong’s unique position on the world stage as a multicultural anchor for the flow of capital in and out of Asia, echoed the notion. Johannes Hack, Chairman of European Chamber of Commerce, said “One of the challenges when setting up a partnership is understanding the other side’s value drivers. Only when you truly match what each side expects can the joint business flourish. Hong Kong is an excellent place to establish common ground and HKSTP is a great partner to support finding a shared vision.”

Terry Wong, CEO of HKSTP, said “We introduced ‘Global Connect – Global Innovation Exchange’ with heart full of confidence that it will bring convergence of all efforts under one platform, so that international networks, delegations, and I&T communities are able to connect better with more seamless access to even broader resources.”

The Network represented not an event, but an enunciation of commitment to contribute in driving an influx of cross-border business matching and investment opportunities, further strengthening the city’s appeal as an international I&T hub, and continuing the momentum of technological advancement in the GBA and beyond.

Hashtag: #HKSTP

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/2026/04/01/hkstp-presents-global-connect-global-innovation-exchange/

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Phuket Strengthens Appeal for UK Families as Secure International Residential Destination

Source: Media Outreach

Growing demand from British buyers, strengthened long-haul connectivity, and the continued evolution ofLaguna Phuket are reinforcing the appeal of Thailand’s largest island as a secure and globally connected place to live and invest.

PHUKET, THAILAND – Media OutReach Newswire – 31 March 2026 – Phuket’s transformation from world-renowned holiday destination into a fully established international residential hub is entering a new phase, supported by rising long-haul arrivals and improving access from the United Kingdom and Europe.

UK buyers represent one of the fastest-growing segments of Phuket’s European residential market, alongside France, Germany, Switzerland and Scandinavia. The island’s year-round climate, quality of life, international schools, structured long-term residency pathways and expanding long-haul connectivity are key factors driving interest from British families and investors.

Thailand welcomed more than 35 million international visitors in 2025, underscoring global confidence in the country as a safe and accessible destination. Long-haul arrivals exceeded 11 million, rising 13% year-on-year and generating approximately 668 billion baht in tourism revenue. The Tourism Authority of Thailand continues to prioritise sustainable, high-value travel, targeting 14 million quality international visitors annually under a value-over-volume strategy.

International connectivity continues to strengthen. European flight capacity increased by more than 16% year-on-year and now stands approximately 5% above pre-pandemic levels. According to Immigration Bureau data, European arrivals reached approximately 7.8 million in 2025, up from 7.2 million in 2024. Direct services from London and Paris, alongside new Scandinavian routes, are reinforcing Phuket’s accessibility for UK travellers.

Improved access is translating into extended stays, remote working flexibility and lifestyle-driven property ownership. Increasingly, visitors are returning not only for holidays, but to explore long-term residency and residential investment opportunities.

Beyond its island setting and established hospitality sector, Phuket offers international-standard healthcare, leading international schools, yacht marinas, championship golf courses and reliable high-speed connectivity. The island combines year-round resort living with the infrastructure required for full-time residence and professional activity.

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, reflecting sustained international confidence in the market. Direct air links to more than 80 cities further support its global integration.

At the centre of this residential evolution is Laguna Phuket, developed by Banyan Group. Over 35 years, it has become 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, RAVA beach club and more than 3,000 branded residences. Residents from over 70 nationalities call it home within a master-planned environment supported by on-site education and comprehensive lifestyle amenities.

With approximately 5,000 additional residences planned across Laguna Phuket and neighbouring Laguna Lakelands, Phuket’s long-term residential trajectory continues to strengthen.

Phuket today represents more than a holiday destination. It has matured into a secure, internationally connected residential market offering stability, accessibility and enduring value for globally-minded UK families.

Hashtag: #BanyanGroup

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

LiveNews: https://livenews.co.nz/2026/03/31/phuket-strengthens-appeal-for-uk-families-as-secure-international-residential-destination/

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Changhong and Grundig Announce Strategic Partnership

Source: Media Outreach

NUREMBERG, GERMANY – Media OutReach Newswire – 30 March 2026 – Changhong, a leading Chinese home appliance brand, has announced a strategic partnership with European brand Grundig. Under the agreement, Changhong will obtain brand license for Grundig across multiple core product categories and key regional markets, and will be responsible for the brand’s international operations and development. The partnership represents an important step in Changhong’s global and multi-brand strategy.

The cooperation covers major product categories including consumer electronics, large home appliances, air conditioners, and selected small domestic appliances. The licensed markets include Europe (excluding Türkiye), the Asia-Pacific region, the CIS, and China. Leveraging its global industrial capabilities, Changhong will oversee the full value chain for Grundig, spanning product development, design, manufacturing, sales, logistics, and customer service, with localized strategies tailored to different markets.

With more than 60 years of industry experience, Changhong has built strong capabilities in smart home appliances, supported by robust R&D strength, a vertically integrated supply chain, and a global manufacturing and operations network. Its overseas business covers core markets such as Europe, Australia, Southeast Asia, the Middle East, and Latin America, with manufacturing bases in countries including the Czech Republic, Indonesia, and Vietnam. These strengths provide a solid foundation for supporting the long-term development of international brands.

Founded in 1945 and headquartered in Nuremberg, Germany, Grundig is a well-established European home appliance brand with a long history in consumer electronics and household appliances. The brand joined Türkiye-based Arçelik Group in 2004 and today operates in more than 55 countries and regions worldwide, maintaining strong brand recognition across Europe.

As part of Changhong’s multi-brand international strategy, its owned brand CHiQ has made steady progress in the European market in recent years. Positioned toward mass and younger consumer segments, CHiQ has expanded through localized channel development, product launches, and brand communication, gradually building market presence across key European countries.

With its strong European heritage and mid-to-high-end positioning, Grundig will complement CHiQ’s role within Changhong’s brand portfolio, enabling clear brand differentiation and synergy. Together, the two brands are expected to strengthen Changhong’s channel coverage, market reach, and overall competitiveness in Europe and global markets.

Changhong stated that it will advance the partnership with a long-term and sustainable development perspective, continuously strengthening product, channel, marketing, and service capabilities to support the stable growth of the Grundig brand internationally.

Hashtag: #Changhong #Grundig

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/2026/03/30/changhong-and-grundig-announce-strategic-partnership/

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Valle Venia presents: LPS feat. Natalia Sarsgard: J’ai dû m’arrêter

Source: Media Outreach

NEUSTADT AN DER WEINSTRASSE, GERMANY – Newsaktuell – 27 March 2026 – The song by Leo Philipp Schmidt and Valle Venia captures the feeling of losing oneself in a world that is growing ever louder and faster, where restlessness and superficiality cause relationships, friendships, and connections to dissolve and be sacrificed.

J’ai dû m’arrêter LPS feat. Natalia Sarsgard/Leo Philipp Schmidt

With emotional depth, singer Natalia Sarsgard describes the path to finding oneself again, to gathering one’s thoughts, to remaining silent, to withdrawing—in order to reflect in the silence, in the comfort, and in the seclusion, to feel and reconnect with ourselves and others.

Through her multifaceted voice, Natalia Sarsgard’s interpretation of the song conveys how strength and courage can arise from deep vulnerability. Without even realizing it, one is accompanied by the confidence that what was thought to be lost can be found again.

Youtube: https://youtu.be/CINjhTHtmno

J’ai Du M’arreter – LPS, https://open.spotify.com/intl-de/album/6BvbJ0VAAvMwciCD7q7BC8
https://shop.valle-venia.de/products/different-ways
https://www.amazon.de/Different-Ways-feat-Various-Artist/dp/B0CMJVQV2M
https://valle-venia.de/30S/JaiDuMarreter.mp4

www.valle-venia.com

Hashtag: #ValleVenia

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

LiveNews: https://livenews.co.nz/2026/03/28/valle-venia-presents-lps-feat-natalia-sarsgard-jai-du-marreter/

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Innomotics is market leader for turbine replacement technology

Source: Media Outreach

  • Innomotics wins several orders to provide motor and drive technology for turbine replacement projects, totaling a volume in the higher double-digit million EUR range
  • Environmental, operational and financial benefits for many industries and industrial applications
  • Geographic diversity underlines market potential

NUREMBERG, GERMANY – Newsaktuell – 26 March 2026 – Innomotics, a globally leading supplier of electric motor and large drive systems, has won several major orders for turbine replacement projects on nearly every continent. The total volume for all orders is in the higher double-digit million EUR range.

The Innomotics HV Series HS-modyn built at Dynamowerk in Berlin, setting standards when it comes to the availability of compressor drives: due to the unique rotor design it has the highest degree of reliability and minimum maintenance costs./Innomotics

With increased electrification of industrial applications, significant operational cost efficiency and CO₂ reduction can be gained by changing existing turbines with an electric drive system, the so-called Turbine Replacement Technology. This can be used for high-speed pump applications (centrifugal pumps) as well as for high-power compressor systems in refineries, petrochemicals, or oil and gas.

Especially the need for supplying large-scale turbine driven boiler feed pump applications in power plants with high voltage motors becomes increasingly important, as it significantly saves energy consumption, CO₂ and operational costs.

The transition to electric drive technology for rotating equipment is an important part of the overall plant electrification and decarbonization pathway, reducing the use of costly and environmentally harmful carbon fuels.

By sourcing the power from a renewable source such as wind, solar or hydro, CO₂ emissions can be practically eliminated. This is especially relevant for energy-intensive industries and industrial applications. Beyond ecological aspects, the use of high-speed motor systems offers significant benefits to customers, such as increasing efficiency, reducing operational costs and maintenance requirements as well as easy construction and start-up.

“Replacing existing gas and steam turbines with electrical motor and drive systems is a complex task. Thanks to our highly motivated and skilled team, Innomotics is thought leader and pace setter for turbine replacement technology for more than 25 years now and with more than 70 Turbine Replacement projects globally realized. Our outstanding portfolio sets standards: The reliability and availability of our advanced High-speed High Voltage Motor system technology is unrivaled in the field, due to our unique rotor design. Additionally, our Medium Voltage Drive technology includes extended redundancy measures such as cell by-pass systems for maximum uptime”, says Michael Reichle, CEO of Innomotics.

Operators of turbine-driven systems currently face high operational costs, which can be significantly reduced or even eliminated through turbine replacement technology. For example, in a project with Repsol in Spain, Innomotics helped avoid 68,000 tons of CO₂ emissions per year and reduce energy consumption by around 25 percent.

Recently awarded Turbine Replacement Projects

Electric Drive Upgrade for INA Refinery in Croatia:
 INA is modernizing its refinery in Rijeka to improve efficiency and reduce emissions. As part of this transformation, steam turbines used to operate compressors are being replaced with electric drive systems. This reduces reliance on fossil fuels, lowers maintenance requirements, and increases overall energy efficiency.

To implement this upgrade within an operating refinery, INA partnered with Innomotics and Siemens Energy. The project includes four electric drive train systems, combining HV and HS-Modyn motors ranging from 1.8 MW to 6 MW with Innomotics Perfect Harmony GH180 variable frequency drives.

The solution ensures high reliability through redundant system design and enables fast installation on existing foundations with minimal construction effort. As a result, INA reduced significantly CO₂ emissions by 96,000 tons, reduced operating costs, total high-pressure steam production reduced by around 25%, and improved availability.

Turbine Replacement Technology for Repsol Industrial Complex in Spain:
Repsol has electrified a gas compressor at its Puertollano Industrial Complex by replacing a steam turbine with an electric motor solution from Innomotics. This upgrade improves energy efficiency by 25 percent and reduces CO₂ emissions by approximately 68,000 tons per year. The solution includes a High Voltage Motor combined with a Perfect Harmony GH180 Medium Voltage Drive, delivering 8.25 MW at 5,800 rpm. Designed for high reliability and continuous operation, the system enables maintenance intervals of up to five years. With this electrification project, Repsol strengthens its commitment to achieving net zero emissions by 2050 while significantly improving operational efficiency and system availability.

Turbine Replacement Technology for Chemicals Park in the Netherlands:
The owner and operator of a chemicals park in the Netherlands aims to accelerate the energy transition of the Dutch chemical industry. One of their three major goals is to achieve net zero emissions within ten years. Therefore, Innomotics was awarded for a turbine replacement project in a propylene plant. The order amounts a considerable value for Innomotics and includes a 25MW as well as an 8.6MW high-speed induction motor together with two Innomotics Medium Voltage GH150 drives. The order also includes comprehensive services.

Turbine Replacement Technology for Power Plants in Republic of Korea:
A Korean energy producer and provider awarded Innomotics an order to replace the previous turbine technology with a 12.5MW electric Innomotics High-speed High Voltage Motor and Medium Voltage Drives. With that replacement the company benefits from higher energy efficiency of at least 20 percent and the associated energy savings as well as reduced CO₂ emissions. The Innomotics solution therefore contributes directly to the customer’s net zero carbon strategy. The parallel operation of three Medium Voltage Drives ensures a particularly uninterrupted and stable power supply.

Turbine Replacement for a propane dehydrogenation (PDH) plant in Spain:
At the top of its agenda, a German chemicals and plastics giant, has placed the motto: “Net Zero Emissions by 2050”. One measure the company takes accordingly is replacing steam production at co-generation plants with heat pumps and e-driven compressors. Therefore, the Spanish site, has started a turbine replacement project in their propylene production at a propane dehydrogenation (PDH) plant. The order for Innomotics amounts to a double digit million Euros and includes a 23.3MW High-speed High Voltage induction motor, together with a Medium Voltage Drives and a converter transformer.

Turbine Replacement for Indian natural gas company:
Furthermore, Innomotics has won a pilot order to replace one out of eight installed gas turbines for a state-owned energy corporation in the state of Madhya Pradesh (India). This order creates a new benchmark in the gas turbine replacement market to the extent that the proposed solution will consist of an Innomotics High Voltage HV-M Motor, together with a gearbox and an Innomotics Medium Voltage Drive instead of a High-speed High Voltage Motor system.

Additional Turbine Replacement materials:
Whitepaper on Turbine Replacement
Expert Video concerning Turbine Replacement
Operational savings calculator, reference projects and success stories
Podcast episode on Spotify
Explore the 3D visualization in our virtual world: Innomotics Electrosphere

For more information, visit https://www.innomotics.com/hub/en/applications/turbine-replacement

Follow us on LinkedIn: www.linkedin.com/company/innomotics
For more information, visit www.innomotics.com.

Hashtag: #Innomotics

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/2026/03/27/innomotics-is-market-leader-for-turbine-replacement-technology/

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Bertelsmann Stiftung BTI Survey 2026: More Autocracies Worldwide – But Democratic Resistance Is Growing

Source: Media Outreach

Democracy is on the defensive. This is shown by the Bertelsmann Stiftung’s Transformation Index 2026 (BTI). The BTI was first surveyed twenty years ago, when democracies were still in the majority. Today, 56 percent of the 137 countries surveyed by the BTI are ruled autocratically. However, this rarely leads to better governance. Autocracies are more susceptible to corruption, less capable of shaping the future, and less consensus-oriented. However, examples such as Poland and Brazil show that social resistance and political competition can pave the way back to democracy.

GÜTERSLOH, GERMANY – Newsaktuell – 26 March 2026 – A majority of 77 of the 137 states surveyed by the BTI are now ruled autocratically and are taking increasingly repressive action against the opposition, the media and civil society. Of these countries, 52 are hard-line autocracies in which fundamental rights are completely disregarded – more than at any time since the survey began in 2006. But autocratic tendencies are also gaining ground in numerous democracies. “Many elected governments have undermined core democratic institutions in order to stay in power, and this paves the way for autocracy,” says democracy expert Sabine Donner.

In 54 percent of the countries, elections no longer meet minimum standards. In some countries, such as Gabon or Niger, they were suspended after military coups, while in Belarus, Russia and Rwanda they are strictly controlled legitimizating rituals. However, numerous free and fair elections also led to peaceful changes of government. In Madagascar, Tanzania and Venezuela, mass protests following rigged elections were violently suppressed, but strengthened political mobilization beyond the election date.

Examples such as El Salvador, Serbia and Turkey show that the repeatedly touted promise of authoritarian efficiency is rarely fulfilled. Corruption is insufficiently combated in more than 100 countries, two thirds of which are autocracies. “In autocracies, loyalty must be rewarded and positions secured,” says BTI expert Hauke Hartmann. “The supposed efficiency of authoritarian regimes is a myth.”

However, persistent grievances continue to ensure that protests by dissatisfied citizens show no sign of abating. In Bangladesh, Nepal and Sri Lanka, protests forced a democratic opening, while a democratic turnaround was achieved in Brazil and Poland. “The BTI shows how much pressure democratic institutions are coming under – at the same time, we are seeing remarkably lively resistance to their erosion in many places,” says Daniela Schwarzer, Member of the Executive Board, Bertelsmann Stiftung. “This ability to mobilize, which comes above all from an active civil society, is a key potential for democratic renewal.”

www.bti-project.org

Additional information:
 Since 2006, the Bertelsmann Stiftung’s Transformation Index has analyzed the quality of democracy, market economy and governance in 137 countries every two years. Currently, 23 OECD countries, such as Germany and the USA, are not part of the study. The study was carried out between February 1, 2023 and January 31, 2025.

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/2026/03/26/bertelsmann-stiftung-bti-survey-2026-more-autocracies-worldwide-but-democratic-resistance-is-growing/

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Emborg Emmentaler cheese recalled due to possible presence of Listeria

Source: NZ Ministry for Primary Industries

New Zealand Food Safety is supporting Goodfood Group Limited in its recall of a specific batch of Emborg Emmentaler cheese (200g) due to the possible presence of Listeria. 

“The concern with this product is that it may contain Listeria, a foodborne bacterium that could make you sick,” says New Zealand Food Safety deputy director-general Vincent Arbuckle. 

“These products should not be eaten. You can return them to the place of purchase for a refund. If that’s not possible, throw it out.”

Emborg Emmentaler 200g with a best before 05.11.26 is affected by this recall. 

The affected product was imported from Germany and sold at supermarkets nationwide.  

Visit New Zealand Food Safety’s recall page for up-to-date information and photographs of the affected product. 

Emborg Emmentaler Cheese

“Listeriosis infection can be serious among vulnerable groups, such as pregnant women and their unborn babies, newborns, the elderly, and those with weakened immune systems,” says Mr Arbuckle. 

“Listeria differs to other harmful bacteria in that it can grow at refrigerator temperatures, so you have to be very careful about the foods you eat, or provide to others, if you or they are in a vulnerable group.  

“It is particularly dangerous during pregnancy because it can cause miscarriage, premature labour or stillbirth, and infection in the new-born baby.”

Listeriosis infection in healthy adults is unlikely to be severe, at most causing mild diarrhoea and flu-like symptoms within a few days of eating contaminated food. For those in the vulnerable groups, it usually takes 2 to 3 weeks – or even longer – before symptoms appear. 

If you have consumed any of this product and are concerned for your health, contact your health professional, or call Healthline on 0800 611 116 for free advice. 

New Zealand Food Safety has not received any notifications of associated illness.   

The products have been removed from store shelves and have not been re-exported. 

The products under recall were identified through routine testing, and New Zealand Food Safety has not received any reports of associated illness.  

“As is our usual practice, New Zealand Food Safety will work with Goodfood Group Limited to understand how the contamination occurred and prevent its recurrence,” says Mr Arbuckle. 

The vast majority of food sold in New Zealand is safe, but sometimes problems can occur.  Help keep yourself and your family safe by subscribing to our recall alerts. Information on how to subscribe is on the New Zealand Food Safety food recall page.   

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/22/emborg-emmentaler-cheese-recalled-due-to-possible-presence-of-listeria/

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International travel: January 2026 – Stats NZ information release

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/14/international-travel-january-2026-stats-nz-information-release/

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The Art Basel and UBS Global Art Market Report 2026: Global art sales rose 4% to USD 59.6 billion in 2025

Source: Media Outreach

The global art market returned to growth in 2025, led by renewed confidence at the high end, with dealer sales up 2% year‑on‑year and public auction sales rising 9% by value.

HONG KONG SAR – Media OutReach Newswire – 12 March 2026 – The Art Basel and UBS Global Art Market Report 2026, authored by Dr. Clare McAndrew, Founder of Arts Economics, provides a comprehensive benchmark analysis of the global art market in 2025. Co‑published by Art Basel and UBS, the tenth edition of the report examines the performance of key market segments, including galleries and dealers, auction houses, and art fairs, against the backdrop of shifting economic conditions, evolving buyer behavior, and changes in global wealth. The publication is the most comprehensive data-driven overview of the forces shaping today’s art market.

Clare McAndrew, Founder, Arts Economics, said: “The market welcomed a shift in direction in 2025, from the contraction of previous years to modest growth. However, it continued to operate in a volatile geopolitical environment, particularly regarding cross-border trade, the full implications of which are still unfolding in 2026. While some categories of art were relatively insulated from the direct effects of tariffs, broader policy uncertainty and trade fragmentation created challenges for businesses, affecting pricing and supply. A wider shift toward protectionism and more domestically focused sales also poses longer-term risks, as the art trade relies heavily on international circulation and access to global audiences. Early indicators suggest cross-border trade in art remained broadly stable in 2025, but how these flows evolve will be critical to the market’s future growth.“

Adrian Zuercher, Co‑Head Global Asset Allocation and Co‑Head Global Investment Management APAC, UBS Global Wealth Management CIO, said: “The Art Basel and UBS Global Art Market Report 2026 highlights a nuanced picture across Asia Pacific. China maintained its position as one of the world’s leading art markets while Hong Kong continues to play a central role in the Asia art ecosystem with several high‑value sales and early signs of macroeconomic stabilization this year. Singapore sustained its trajectory as a growing regional hub. Against a backdrop of moderating inflation and improving regional fundamentals, these dynamics reinforce Asia Pacific’s growing importance on the global art market stage.”

Noah Horowitz, CEO, Art Basel, said: “2025 marked a return to growth for the art business and a strategic inflection point in its continued evolution. Over the year, dealers refined their programs and client engagement strategies with clear intentionality, while art fair-related sales strengthened. Although elevated costs, geopolitical uncertainty, and tariff concerns are still affecting business, buyer confidence improved as the year progressed and the year closed with a succession of dynamic sales moments. As the market recalibrates within a more disciplined range, sustained growth will depend on bringing exceptional works to market, deepening client relationships, and broadening participation across the global ecosystem – priorities that are guiding our focus in 2026.”

The key findings include:

  • Global sales: The global art market returned to growth in 2025, with sales increasing by 4% year-on-year to an estimated USD 59.6 billion. Aggregate sales in the dealer sector rose to USD 34.8 billion (up 2%) and public auction sales increased to USD 20.7 billion (up 9%), while reported auction house private sales declined to just under USD 4.2 billion (down 4%). The volume of transactions reached an estimated 41.5 million in 2025 (up 2%).
  • Leading art markets: The United States, the United Kingdom, and China accounted for 76% of global art sales by value, in line with last year. The US remained the largest market with a 44% share, followed by the UK at 18% and China at 14%. France increased its global share by one percentage point to 8%, consolidating its position as the fourth‑largest market and the largest within the EU.
  • Mixed regional market performance:
    • Sales in the United States reached USD 26 billion (up 5% year-on-year), with a strong rebound at the high-end of the auction market and despite trade unpredictability.
    • UK sales increased to USD 10.5 billion (up 2% year-on-year), driven by growth in public auctions.
    • In China, sales increased to USD 8.5 billion (up just over 1% year-on-year). The market stabilized despite the real estate downturn and other economic concerns that weighed on consumer confidence.
    • France saw sales rising to USD 4.5 billion (up 9% year-on-year), driven by strong performance in both the auction and dealer sectors. That performance lifted the market above its 2019 level.
    • Across Europe and Asia, performance year-on-year was mixed, with growth in markets such as Switzerland (up 13%), Austria (up 13%), Spain (up 6%), and South Korea (up 6%), and slower conditions in Germany (down 10%), Italy (down 2%), and Japan (down 1%).
  • Dealer market recovery: Global dealer sales reached USD 34.8 billion (up 2% year-on-year). While 42% of dealers reported higher sales, rising operating costs (up an average5%) continued to weigh on profitability. Lower‑end dealers (turning over less than USD 500,000) recorded the strongest growth, while sales among mid‑market dealers (turnover between USD 1 million and USD 10 million) softened slightly. At the top end, dealers with turnover above USD 10 million returned to growth.
  • Dealer resilience and business longevity: A review of published gallery activity based on media announcements showed despite high‑profile gallery closures in 2025, there was no evidence that closures outpaced openings overall. Gallery launches represented 42% of reported activity, compared with 25% closures, underscoring continued adaptation and resilience within the dealer sector.
  • Gender representation: Female artist representation strengthened further in 2025, reaching 50% of total artists among primary market galleries and 45% across all dealers. Works by female artists accounted for 37% of sales by value (up from 28% in 2018), although disparities persist at the highest revenue levels.
  • Growing importance of art fairs: Art fair sales increased to 35% of dealer turnover (up 4% year-on-year), their highest level since 2022. Overseas fairs accounted for the majority of sales, though growth was recorded at both international and local events, particularly among mid‑sized dealers.
  • Auction market dynamics: Combined public and private auction sales reached USD 24.8 billion. Public auction sales increased to USD 20.7 billion (up 9% year-on-year), driven by the ultra-high‑end sales above USD 10 million (up 30%) and record prices in the second half of the year, while private sales declined to just under USD 4.2 billion (down 5%).
  • Online sales moderation: Online art sales declined to USD 9.2 billion (down 11% year-on-year), their lowest level since 2019, as high‑value transactions shifted back to in‑person channels. Online‑only sales accounted for 15% of total market value, down 3% in share year-on-year, remaining an important channel for engaging new buyers.
  • Improving outlook: Confidence strengthened heading into 2026, with 43% of dealers expecting sales to improve and 38% anticipating stable performance. Sentiment also improved among mid-tier auction houses, reflecting greater optimism despite ongoing economic and geopolitical uncertainty.

Links
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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/2026/03/12/the-art-basel-and-ubs-global-art-market-report-2026-global-art-sales-rose-4-to-usd-59-6-billion-in-2025/