Towngas Lifestyle secures strategic funding from Oriza FOFs and FountainVest to enhance products and services
Towngas Lifestyle, a wholly-owned subsidiary of The Hong Kong and China Gas Company Limited (Towngas), responsible for extended business operations, recently held a signing ceremony for its strategic funding round. The investment, jointly led by investment institutions Oriza FOFs and FountainVest, will help Towngas Lifestyle accelerate business expansion, enhance product competitiveness, and strengthen its AI and IoT platform capabilities, advancing its strategic vision of becoming the most trusted lifestyle platform for customers. As leading investment institutions, Oriza FOFs and FountainVest bring extensive industry experience and a broad network of resources. Their support demonstrates strong market confidence in Towngas Lifestyle’s business model and growth potential, laying a solid foundation for the company’s nationwide expansion. Speaking at the ceremony, Mr Peter Wong Wai-yee, Managing Director of Towngas, expressed that he hopes this strategic funding would help replicate Hong Kong’s successful extended business model in the vast market of the Chinese mainland. “As a century-old enterprise, Towngas began exploring extended business opportunities 60 years ago, designing and manufacturing appliances suited to Hong Kong users’ needs, as well as developing a home merchandise business and premium kitchen cabinets. Today, we’ve earned an excellent reputation and market share in Hong Kong through customised gas appliances and professional services. With 45 million household gas customers across the Chinese mainland and Hong Kong, serving nearly 120 million people, the market potential is enormous. This funding round confirms investors’ confidence in Towngas Lifestyle’s direction and business prospects, and we look forward to providing more families with superior products and services.” Ms Xu Qing, Managing Partner of Oriza FOFs, noted that this collaboration represents more than just a union of capital and industry – it demonstrates a collective commitment to digital home consumption upgrade. “We believe Towngas Lifestyle can carve out new territory in the mainland market, which is our shared goal. The market is changing rapidly, creating more opportunities, so I’m very confident about this partnership.” Mr Frank Tang Kui, Founder, Chairman and CEO of FountainVest, praised Towngas as a reputable company that has consistently provided reliable, customer-focused products and services, making it a trustworthy partner. “Beyond its traditional business, Towngas has fostered innovative and pioneering companies like Towngas Lifestyle, generating additional revenue and profit streams whilst serving millions of households. We hope to leverage our networks, resources and teams to accelerate Towngas Lifestyle’s growth.” Mr Yang Jun, Chief Operating Officer – Extended Business of Towngas and Executive Director & General Manager of Towngas Lifestyle, emphasised that this funding marks just the beginning: “We must maintain our entrepreneurial spirit in facing challenges, drawing on Hong Kong’s experience to enhance our overall service standards. Moving forward, Towngas Lifestyle will stay close to customers whilst taking major strides in development. Through our investment partners’ resources, we’ll transform from a traditional sales model to a comprehensive user-centric service model, providing one-stop lifestyle solutions that create greater value for customers.” Marking Towngas Lifestyle’s tenth anniversary this year, this funding round signals the company’s entry into a new phase of development. Towngas Lifestyle will seize this opportunity to work with partners in delivering smarter, more convenient products and services to customers. - END - Press photos: Photo 1: Witnessed by Mr Peter Wong Wai-yee (centre, back row), Managing Director of Towngas; Ms Xu Qing (2nd from left, back row), Managing Partner of Oriza FOFs; Mr Frank Tang Kui (2nd from right, back row), Founder, Chairman and CEO of FountainVest (back row, second right); Mr Edmund Yeung Lui-ming (1st from right, back row), Executive Director and Chief Financial Officer of Towngas; and Mr Alan Chan Ying-lung (1st from left, back row), Executive Director and Chief Investment Officer of Towngas, the funding agreement is signed by Mr Yang Jun (centre, front row), Chief Operating Officer – Extended Business of Towngas and Executive Director & General Manager of Towngas Lifestyle; Mr Xu Zhenyu (left, front row), Investment Director of Oriza FOFs (front row, left); and Mr Evan Chen (right, front row), Managing Director of FountainVest. Photo 2: Mr Peter Wong Wai-yee, Managing Director of Towngas, expresses that he hopes this strategic funding will help replicate Hong Kong’s successful extended business model in the vast market of the Chinese mainland. Photo 3: Ms Xu Qing, Managing Partner of Oriza FOFs, notes that this collaboration represents more than just a union of capital and industry – it demonstrates a collective commitment to digital home consumption upgrade, and believes Towngas Lifestyle can carve out new territory in the mainland market. Photo 4: Mr Frank Tang Kui, Founder, Chairman and CEO of FountainVest, hopes to leverage FountainVest’s networks, resources and teams to accelerate Towngas Lifestyle’s growth. Photo 5: Mr Yang Jun, Chief Operating Officer – Extended Business of Towngas and Executive Director & General Manager of Towngas Lifestyle, states that through the investment partners’ resources, Towngas Lifestyle’s business will transition from a traditional sales model to a user-centric service model, offering one-stop lifestyle solutions. Ms May Tam Assistant Corporate Affairs Manager Tel: 2963 3475 / 9192 0062 Email: [email protected] Mr Julius Chow Senior Corporate Affairs Officer Tel: 2963 3471 / 6969 1360 Email: [email protected] Media Enquiries For media enquiries, please contact our Corporate Affairs Department. Corporate Affairs Department The Hong Kong and China Gas Company Limited 21/F, 363 Java Road North Point, Hong Kong WhatsApp: (852) 6702 6449 Email: [email protected]
Thailand’s First “Fossil Park” Launches at Hatch Dome, Asiatique The Riverfront Destination—A Sustainability-Led Experiences Featuring Real Dinosaur Fossils Created by AWC in partnership with MNRE,the experience starts on August 8 with free admission
ikhlas.com unveils a bold new chapter in Muslim-friendly travel
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- July 31, 2025Business
CATL and BASF Battery Materials Sign a Framework Agreement for Cathode Active Materials
CATL and BASF have signed a framework agreement for cathode active materials. Under the agreement, BASF will cooperate with CATL on a global scale. CATL has selected BASF as its important supplier. BASF will support CATL's global layout through its global production network. BASF is a leading global chemical company with deep expertise in materials science and sustainability. As a global leader in advanced cathode active materials for lithium-ion batteries, BASF Battery Materials business combines cutting-edge R&D with a strong production network to deliver high-performance, tailored solutions that meet the high standards of industry leaders like CATL. "We are proud to work with CATL, a global market leader in battery technology. Our diversified and local production footprint for innovative cathode materials will support CATL's global business development," said Dr. Daniel Schönfelder, President of BASF's Battery Materials division. "We are committed to the global battery industry and continue leveraging partnerships like the one between CATL and BASF Battery Materials." This agreement builds on the collaborative foundation laid in 2021, when the two companies entered into a strategic partnership on battery materials solutions, including cathode active materials and battery recycling, with the shared goal of developing a sustainable battery value chain.
- July 30, 2025Business
CLCT posts 1H 2025 net property income of RMB580.3 million
CapitaLand China Trust (CLCT) reported a net property income (NPI) of RMB580.3 million for the six months ended 30 June 2025 (1H 2025). NPI was impacted by lower gross revenue, partially mitigated by a 2.5% year-on-year (y-o-y) reduction in operating expenses across CLCT’s overall portfolio. In 1H 2025, CapitaLand China Trust enhanced its portfolio by upgrading three retail malls, transforming former anchor supermarket spaces into higher-yielding concepts. CapitaMall Xuefu in Harbin (as pictured) had its space reconfigured to house a local supermarket operator, B.U.T., alongside an animation, comics and gaming street. Within a month of the supermarket’s June opening, mall tenant sales rose by more than 33% y-o-y. The decrease in gross revenue was attributed to lower contributions from the retail portfolio, largely due to ongoing supermarket upgrades at three retail malls, and lower occupancy at the business parks portfolio. This was partially offset by stronger performance from the logistics parks portfolio, which recorded a 2.0% y-o-y increase. CLCT’s 1H 2025 Distribution Per Unit (DPU) was 2.49 Singapore cents. The lower DPU resulted from a decline in NPI and the weakening of the Renminbi (RMB) against the Singapore Dollar (SGD), which was partially offset by savings in finance costs. Including distributions from CapitaMall Yuhuating, which were retained1 in view of its divestment to CapitaLand Commercial C-REIT (CLCR) as a seed asset, the DPU would have been 2.59 Singapore cents. On 29 July 2025, CLCT obtained Unitholders’ approval for the divestment of CapitaMall Yuhuating to CLCR for no less than the minimum floor price of RMB748 million (approximately S$134.9 million) and CLCT’s subscription for a 5% strategic stake in CLCR. With Unitholders’ approval received, CLCT, together with its sponsor CapitaLand Investment and CapitaLand Development, who are joint strategic investors in CLCR, will proceed to seek the local authorities’ approval for the listing of CLCR targeted around 3Q/4Q 2025. CLCT’s receipt of the gross proceeds from the divestment is subject to and shall take place after the completion of the CLCR offering. Mr Gerry Chan, CEO of CLCTML, the manager of CLCT, said: “Despite ongoing economic headwinds in China, our portfolio continues to demonstrate resilience. Our retail occupancy remained high at 96.9% in 1H 2025, while we increased the occupancy of our business parks and logistics portfolio by proactively attracting tenants in key sectors aligned with China’s technology ambitions. In 2025, we are prioritising the repositioning of our retail malls with unique and customer-centric offerings to address changing shopper preferences. By focusing our business parks and logistics parks on sectors aligned with the government’s priorities, we are well-positioned to capture policy-driven opportunities as China pursues high-quality growth.” “We remain focused on seizing opportunities in China’s domestic market, including our strategic participation in the C-REIT, which offers new capital recycling pathways and attractive growth potential. The divestment of CapitaMall Yuhuating will unlock value from a mature retail asset, enhance our financial flexibility and strengthen our balance sheet. Through CLCT’s strategic stake in CLCR, we will continue to enhance long-term, sustainable returns for our Unitholders." "As part of our disciplined capital management, we have leveraged the easing interest rates in China to increase our RMB-denominated debt. The RMB share of total debt rose from 27% in 1H 2024 to 41% in 1H 2025, and we remain on track to meet our 50% target by end 2025. This strengthens our natural hedging position, mitigates foreign exchange fluctuations and optimises funding costs,” added Mr Chan. Mr Gerry Chan, CEO of CLCTML CapitaMall Wangjing Operating performance As at 30 June 2025, CLCT’s retail portfolio occupancy stood at 96.9%. Footfall across the retail portfolio increased by 1.0% y-o-y, while tenant sales rose by 0.1% y-o-y, moderated by ongoing asset enhancement initiatives. Excluding sales from supermarkets in CapitaMall Xuefu in Harbin, and CapitaMall Wangjing and CapitaMall Xizhimen in Beijing, where upgrades are underway, tenant sales would have increased by 2.5% y-o-y. Sales in key trade sectors such as Toys & Hobbies, Jewellery & Watches and Information & Technology increased by 46.0%, 18.0% and 17.8% y-o-y, respectively. This was mainly due to the government’s policies supporting domestic consumption, the rising popularity of the collectible toy market, as well as the continued demand for gold products. Occupancy of CLCT’s business parks grew from 83.7% as at 31 March 2025 to 86.9% as at 30 June 2025, matching or outperforming sub-market levels despite oversupply. CLCT’s logistics parks continued to demonstrate resilience with occupancy rate rising to 96.6% as at 30 June 2025 from 95.7% as at 31 March 2025. Three out of four logistics assets are fully leased. Asset enhancement initiatives In 2025, CLCT is focused on converting traditional anchor supermarket areas in CapitaMall Xuefu, CapitaMall Wangjing and CapitaMall Xizhimen into higher-yielding, customer-centric retail concepts to unlock higher rental value. These conversions aim to enhance the trade mix and improve shopper experience. CapitaMall Xizhimen At CapitaMall Xuefu , approximately 8,700 sqm has been reconfigured to house a leading local supermarket operator, B.U.T., alongside an animation, comics and gaming street designed to attract younger shoppers. The conversion has increased total rent by approximately 13.1%. Within one month of the supermarket’s opening on 18 June 2025, mall tenant sales rose by more than 33% y-o-y. The themed street is scheduled to launch in 3Q 2025 and is already fully leased. Approximately 8,800 sqm of space at CapitaMall Wangjing is being transformed to introduce a new retail concept, 7Fresh by JD.com, and 17 popular retail and F&B outlets. The revitalised area is expected to open in 4Q 2025, with a target return on investment of approximately 10%. CLCT has secured close to 78% pre-leasing commitment for the converted space (by net lettable area), with an additional 9% under advanced negotiations, reflecting robust market interest. At CapitaMall Xizhimen , approximately 10,100 sqm will be converted to house a premium supermarket, multi-brand boutiques targeted at mid- to high-end consumers, and curated social spaces. The completion of the converted space is targeted for 4Q 2025. Proactive capital management As part of its disciplined capital management strategy, CLCT continued to maintain a strong balance sheet with a well-staggered debt maturity profile and diversified sources of funding. As at 30 June 2025, CLCT’s cost of debt stood at 3.42% per annum, reflecting a reduction of 9 basis points from 31 March 2025. CLCT maintained a healthy interest coverage ratio of 2.9 times, while gearing remained stable at 42.1%, below the regulatory limit of 50%. CLCT completed the refinancing of all loans due in FY 2025. As at 30 June 2025, the average term to maturity of its borrowings was 3.6 years. To mitigate interest rate fluctuations, 87%2 of CLCT’s total debt is on fixed interest rates. In April 2025, CLCT issued a RMB600 million bond due 2028 at 2.88% per annum. As at 30 June 2025, the proportion of its RMB denominated loan facilities stood at 41% of its total debt, on track to meeting its 50% target by end 2025. Sustainability initiatives In line with CLCT’s commitment to sustainability, it has obtained LEED Gold certification for the R&D blocks of Ascendas Xinsu, a business park in Suzhou. This increased CLCT’s green-certified properties to 68% of its total portfolio as at 30 June 2025. The proportion of CLCT’s sustainability-linked loans increased from 33% as at 30 June 2024 to 51% as at 30 June 2025, reflecting the Trust’s continued focus on sustainable financing. Distribution schedule CLCT’s record date for 1H 2025 income distribution is 7 August 2025. The payment date for 1H 2025 DPU of 2.49 Singapore cents is 24 September 2025. -------------------------------- 1. The amount retained refers to the distribution contributed from CapitaMall Yuhuating from 1 April 2025 to 30 June 2025 (2Q 2025) attributable to CLCR, assuming that the initial PRC valuation date pertaining to the divestment to CLCR is 31 March 2025. 2. Assuming RMB debts are fixed.
- July 30, 2025Business
JD.com Ranks 44th in 2025 Fortune Global 500, Marking a Decade of Value Creation
JD.com is pleased to announce its ranking at 44th on the Fortune Global 500 list for 2025, climbing three spots from the previous year. This achievement marks a decade of JD’s inclusion on the list and underscores its consistent growth, highlighting its standing among the world’s largest companies by revenue. Since joining the Fortune Global 500 in 2016, JD.com has achieved a series of impressive milestones. The company has quadrupled its customer base and expanded its network of brand and merchant partners by over tenfold. Its workforce has grown from 100,000 to approximately 900,000 employees by Q1 2025, including delivery couriers, customer service teams, and other vital roles. These achievements reflect JD.com’s unwavering commitment to delivering value, driving innovation, and enhancing lives through technology and collaboration. Recently, JD.com has accelerated its global expansion through the 10 Billion Growth Plan for its cross-border e-commerce business. The project aims to introduce 1,000 new overseas brands to China over the next three years and reach over 10 billion RMB ($1.4 billion) in sales growth. JD’s European online retail platform operates locally in the Netherlands, France, the UK and more locations with warehouses and staff to offer swift delivery of high-quality products and reliable services to local customers. Additionally, JD Logistics plans to double its overseas warehouse capacity by the end of 2025, further strengthening its global supply chain to meet increasing demand. Guided by its vision to be the most trusted company in the world and its mission to make life better through technology, JD.com is dedicated to building an innovative, inclusive, and sustainable ecosystem. We invite customers, partners, and communities worldwide to join us in creating a brighter, more connected future. ([email protected])
- July 30, 2025Business
Towngas Lifestyle secures strategic funding from Oriza FOFs and FountainVest to enhance products and services
Towngas Lifestyle, a wholly-owned subsidiary of The Hong Kong and China Gas Company Limited (Towngas), responsible for extended business operations, recently held a signing ceremony for its strategic funding round. The investment, jointly led by investment institutions Oriza FOFs and FountainVest, will help Towngas Lifestyle accelerate business expansion, enhance product competitiveness, and strengthen its AI and IoT platform capabilities, advancing its strategic vision of becoming the most trusted lifestyle platform for customers. As leading investment institutions, Oriza FOFs and FountainVest bring extensive industry experience and a broad network of resources. Their support demonstrates strong market confidence in Towngas Lifestyle’s business model and growth potential, laying a solid foundation for the company’s nationwide expansion. Speaking at the ceremony, Mr Peter Wong Wai-yee, Managing Director of Towngas, expressed that he hopes this strategic funding would help replicate Hong Kong’s successful extended business model in the vast market of the Chinese mainland. “As a century-old enterprise, Towngas began exploring extended business opportunities 60 years ago, designing and manufacturing appliances suited to Hong Kong users’ needs, as well as developing a home merchandise business and premium kitchen cabinets. Today, we’ve earned an excellent reputation and market share in Hong Kong through customised gas appliances and professional services. With 45 million household gas customers across the Chinese mainland and Hong Kong, serving nearly 120 million people, the market potential is enormous. This funding round confirms investors’ confidence in Towngas Lifestyle’s direction and business prospects, and we look forward to providing more families with superior products and services.” Ms Xu Qing, Managing Partner of Oriza FOFs, noted that this collaboration represents more than just a union of capital and industry – it demonstrates a collective commitment to digital home consumption upgrade. “We believe Towngas Lifestyle can carve out new territory in the mainland market, which is our shared goal. The market is changing rapidly, creating more opportunities, so I’m very confident about this partnership.” Mr Frank Tang Kui, Founder, Chairman and CEO of FountainVest, praised Towngas as a reputable company that has consistently provided reliable, customer-focused products and services, making it a trustworthy partner. “Beyond its traditional business, Towngas has fostered innovative and pioneering companies like Towngas Lifestyle, generating additional revenue and profit streams whilst serving millions of households. We hope to leverage our networks, resources and teams to accelerate Towngas Lifestyle’s growth.” Mr Yang Jun, Chief Operating Officer – Extended Business of Towngas and Executive Director & General Manager of Towngas Lifestyle, emphasised that this funding marks just the beginning: “We must maintain our entrepreneurial spirit in facing challenges, drawing on Hong Kong’s experience to enhance our overall service standards. Moving forward, Towngas Lifestyle will stay close to customers whilst taking major strides in development. Through our investment partners’ resources, we’ll transform from a traditional sales model to a comprehensive user-centric service model, providing one-stop lifestyle solutions that create greater value for customers.” Marking Towngas Lifestyle’s tenth anniversary this year, this funding round signals the company’s entry into a new phase of development. Towngas Lifestyle will seize this opportunity to work with partners in delivering smarter, more convenient products and services to customers. - END - Press photos: Photo 1: Witnessed by Mr Peter Wong Wai-yee (centre, back row), Managing Director of Towngas; Ms Xu Qing (2nd from left, back row), Managing Partner of Oriza FOFs; Mr Frank Tang Kui (2nd from right, back row), Founder, Chairman and CEO of FountainVest (back row, second right); Mr Edmund Yeung Lui-ming (1st from right, back row), Executive Director and Chief Financial Officer of Towngas; and Mr Alan Chan Ying-lung (1st from left, back row), Executive Director and Chief Investment Officer of Towngas, the funding agreement is signed by Mr Yang Jun (centre, front row), Chief Operating Officer – Extended Business of Towngas and Executive Director & General Manager of Towngas Lifestyle; Mr Xu Zhenyu (left, front row), Investment Director of Oriza FOFs (front row, left); and Mr Evan Chen (right, front row), Managing Director of FountainVest. Photo 2: Mr Peter Wong Wai-yee, Managing Director of Towngas, expresses that he hopes this strategic funding will help replicate Hong Kong’s successful extended business model in the vast market of the Chinese mainland. Photo 3: Ms Xu Qing, Managing Partner of Oriza FOFs, notes that this collaboration represents more than just a union of capital and industry – it demonstrates a collective commitment to digital home consumption upgrade, and believes Towngas Lifestyle can carve out new territory in the mainland market. Photo 4: Mr Frank Tang Kui, Founder, Chairman and CEO of FountainVest, hopes to leverage FountainVest’s networks, resources and teams to accelerate Towngas Lifestyle’s growth. Photo 5: Mr Yang Jun, Chief Operating Officer – Extended Business of Towngas and Executive Director & General Manager of Towngas Lifestyle, states that through the investment partners’ resources, Towngas Lifestyle’s business will transition from a traditional sales model to a user-centric service model, offering one-stop lifestyle solutions. Ms May Tam Assistant Corporate Affairs Manager Tel: 2963 3475 / 9192 0062 Email: [email protected] Mr Julius Chow Senior Corporate Affairs Officer Tel: 2963 3471 / 6969 1360 Email: [email protected] Media Enquiries For media enquiries, please contact our Corporate Affairs Department. Corporate Affairs Department The Hong Kong and China Gas Company Limited 21/F, 363 Java Road North Point, Hong Kong WhatsApp: (852) 6702 6449 Email: [email protected]
- July 30, 2025Business
Thailand’s First “Fossil Park” Launches at Hatch Dome, Asiatique The Riverfront Destination—A Sustainability-Led Experiences Featuring Real Dinosaur Fossils Created by AWC in partnership with MNRE,the experience starts on August 8 with free admission
Asset World Corporation (AWC), Thailand’s leading integrated lifestyle real estate group, together with the Department of Mineral Resources and the Department of National Parks, Wildlife and Plant Conservation under the Ministry of Natural Resources and Environment (MNRE), has signed a memorandum of academic cooperation to launch “Fossil Park”, a sustainability-led experience and an educational space dedicated to geology and paleontology, featuring authentic fossils discovered across Thailand. AWC led by Mrs. Wallapa Traisorat (5th left), Chief Executive Officer and President, Asset World Corporation, together with Ministry of Natural Resources and Environment through the Department of Mineral Resources led by Mr. Pichit Sombatmak (4th left), Director-General and Mr. Somsak Watthanaprida (7th left), Director of Fossil Protection Division, along with the Department of National Parks, Wildlife and Plant Conservation led by Mr. Attapol Charoenchansa (6th left), Director-General and Mr. Chalerm Poommai (far right) Director of the Wildlife Conservation Office, will soon unveil “Fossil Park”, a sustainability-led experience and an educational space dedicated to geology and paleontology, featuring authentic fossils discovered across Thailand. AWC in collaboration with the Department of Mineral Resources and the Department of National Parks, Wildlife and Plant Conservation, introduces “Fossil Park,” a new edutainment zone that raises awareness of sustainability through Thailand’s prehistoric fossil heritage, promoting accessibility to scientific knowledge and cultivating a conservation mindset among youth and the general public with free admission for all. Fostering pride among the public about Thailand’s geological heritage and biodiversity through the display of authentic fossils and a life-sized model of Phuwiangosaurus sirindhornae, while providing knowledge and passing on a special experience to travelers from around the world, to encounter over 14 species of dinosaurs and flying reptiles found only in Thailand, brought to life with engaging and easy-to-understand 3D technology for all ages. The “Fossil Park” is a key feature of the Hatch Dome, an edutainment hub dedicated to sustainability, following the immersive journey of Jurassic World: The Experience, it reflects AWC’s unwavering commitment to advancing education and promoting sustainable tourism in Thailand in alignment with its mission of “Building Better Future For All.” Located within the Hatch Dome at Asiatique The Riverfront Destination, Fossil Park showcases real fossil specimens alongside informative exhibits on geology, environmental conservation, and Thailand’s once-abundant forests and wildlife. As an extension following the immersive Jurassic World: The Experience, this initiative aims to inspire youth and families through engaging, hands-on learning that raises awareness around environmental preservation. The project promotes eco-tourism and highlights Thailand’s rich geological heritage, reflects AWC’s commitment to “Building Better Future For All” and supporting the country’s journey toward becoming a global leader in sustainable tourism. The Fossil Park will open to the public free admission starting August 8, alongside the global immersive Jurassic World: The Experience. Mr. Pichit Sombatmak, Director-General of the Department of Mineral Resources, Ministry of Natural Resources and Environment, stated, “This collaboration with AWC reflects our mission to promote paleontology and geology to the public in innovative ways. Through this project, visitors will learn about Thailand’s rich fossil heritage, including real dinosaur fossils, and gain insights into how the Earth has evolved. It will also connect to Thailand’s geological and fossil tourism sites in the northeast, reinforcing our national and regional significance.” Mr. Attapol Charoenchansa, Director-General of the Department of National Parks, Wildlife and Plant Conservation, Ministry of Natural Resources and Environment, said, “We are delighted to collaborate with AWC on the ‘Fossil Park’. This is an important step toward bringing conservation closer to the people, especially the younger generation. The experience showcases Thailand’s biodiversity and protected ecosystems, helping instill a deep appreciation for forest areas, wildlife, and natural resources in an accessible, imaginative format.” Mrs. Wallapa Traisorat, Chief Executive Officer and President of Asset World Corporation (AWC), said, “AWC is honored to collaborate with leaders of Thailand’s inspiring public organizations working in conservation like the Department of Mineral Resources and the Department of National Parks, Wildlife and Plant Conservation, under Ministry of Natural Resources and Environment, to create this immersive and meaningful experience. The ‘Fossil Park’ combines the wonder of science with the urgency of sustainability. We believe this unique attraction will spark curiosity, build environmental awareness, and nurture a new generation of eco-conscious global citizens. It is a proud reflection of AWC’s commitment to ‘Building Better Future For All’ and to strengthening Thailand as a global hub for sustainable tourism and learning.” The “Fossil Park” is an educational sustainability-led experience dedicated to paleontology, created to cultivate knowledge, understanding, and pride in Thailand’s geological resources and biodiversity. The space features both life-sized models and real fossil specimens discovered across the country, along with hands-on workshops for children to experience fossil excavation and learn what it’s like to be a young paleontologist. The exhibition also highlights the vital roles of the Department of Mineral Resources in the study and preservation of fossils, and the Department of National Parks, Wildlife and Plant Conservation in protecting Thailand’s natural ecosystems, flora, and wildlife—helping pass on essential knowledge to future generations. A major highlight of the park is a life-sized replica of Phuwiangosaurus sirindhornae, a gigantic herbivorous dinosaur discovered in Khon Kaen Province, measuring over 15 meters in length. The dinosaur was named in honor of Her Royal Highness Princess Maha Chakri Sirindhorn. Visitors will also find significant real fossils on display, such as Buddhabutrensis, an ancient fish species, among many other remarkable finds unearthed by paleontologists. Thailand is considered one of the most important dinosaur fossil sites in Southeast Asia due to its unique geological features, particularly in the northeastern region. Key excavation sites include Phu Wiang in Khon Kaen Province, Phu Kum Khao and Phu Noi in Kalasin Province, and Phu Faek in Maha Sarakham Province, earning the country the title “Land of Dinosaurs.” To date, fossils of at least 14 species of dinosaurs and prehistoric animals have been discovered in Thailand. These include Siamotyrannus isanensis, a formidable predator; Kinnareemimus khonkaennsis, a nimble, bipedal dinosaur inspired by the Thai myth of the Kinnaree; Isanosaurus attavipachi, the world’s oldest known sauropod; Siamraptor suwati, one of the most complete carnivorous dinosaurs ever found in Thailand; Minimocursor phunoiensis, one of the oldest known herbivorous dinosaurs in Southeast Asia, and Garudapterus buffetauti, Thailand’s first officially named pterosaur species, and a recent discovery of great scientific significance. Visitors can explore all 14 species through interactive 3D models, accessible via QR codes that link to simplified academic information—designed to engage youth, students, and the general public alike. The exhibition promotes paleontological education while instilling pride in Thailand’s natural heritage. The “Fossil Park” is part of the Hatch Dome, a striking dome-shaped structure within Asiatique The Riverfront Destination, continuing the journey from the world-class Jurassic World: The Experience. The Hatch Dome is Thailand’s first edutainment venue focused on sustainability, bringing together real fossil discoveries and immersive dinosaur-themed experiences to inspire awareness of conservation and climate change. Inside, visitors will find the official Jurassic World: The Experience Retail Store, “Better World, Better Future” —Asia’s largest Liminal 4D sustainability experience, “Fossil Park” showcasing Thailand’s geological legacy, “Snake Garden” exploring reptilian evolution from the dinosaur era to modern day, and “The Gallery Art of Giving, Giving Art Community Project Hatch Dome” —a social enterprise store featuring limited-edition dinosaur-themed community collections under the concept “From The Earth Before Time”. Items include keychains, tote bags, and dinosaur dolls made from traditional Thai “Pha Khao Ma” fabric, handcrafted by weaving groups from Ban Dong Noi and Dinothinsun Community in Kalasin Province. Proceeds from the shop will support local communities surrounding the Sirindhorn Museum network and Thailand’s dinosaur excavation sites. “Fossil Park” will officially open to the public with free admission starting August 8, 2025, alongside the immersive experience of Jurassic World: The Experience at Asiatique The Riverfront Destination.
- July 30, 2025Business
ikhlas.com unveils a bold new chapter in Muslim-friendly travel
Ikhlas Com Travel & Umrah Sdn Bhd (ikhlas.com) unveils a bold new chapter in how journeys are imagined and experienced. At an exclusive relaunch event curated exclusively for travel journalists, editors, content creators and storytellers, ikhlas.com Travel offers a first glimpse into its thoughtfully redesigned approach to travel — one that resonates deeply with the needs of modern Muslim travellers. Built on the values of affordability, inclusivity and comfort, ikhlas.com Travel offers curated travel packages, seamless booking mechanics and comprehensive Muslim-friendly itineraries that go beyond the typical tourist trail. From halal-certified and Muslim-friendly accommodations and local cuisines to prayer-friendly stops and culturally immersive experiences, the platform is poised to reshape how Muslims explore the world. Chief Executive Officer of ikhlas.com, Ikhlas Kamarudin said: “Travel today is about more than just destinations — it’s about how we connect, reflect and return as better Muslims. At ikhlas.com , our travel services offer unforgettable experiences with the best value for comfort, convenience and peace of mind as Muslims. “What makes us different is the depth of detail behind every journey. Each package is designed, personally experienced and refined by travel experts who have been to the destination multiple times. Our guides speak the local language, know where to go and include unique highlights — from viral cafés and thrift markets to curated halal cuisine and activities — often missing in typical itineraries.” Every group trip is intentionally small, designed for comfort and personalisation, with special care given to elderly travellers and families with young children. Prayer obligations are prioritised between activities with proper prayer facilities and all meals are either halal-certified, Muslim-friendly or vegetarian, verified in advance by the ikhlas.com Travel experts. Ikhlas adds: “Booking is entirely digital — no office visits required. Travellers can consult via chat or call, customise their itinerary, submit documents digitally and pay in flexible tranches via online transfer or using AirAsia Reward points. We are happy to announce that a new interactive “Travel Guide” feature will soon be launched within the ikhlas.com app, featuring local info, halal dining tips, weather updates, currency exchange rates and curated articles for each city.” Ahead of each departure, travellers receive a full digital pre-trip briefing including packing checklists, halal-friendly points of interest (POI), prayer guides, itinerary overviews and optional city navigation tips for free-and-easy days. In-depth blog content also offers destination highlights, halal cuisine reviews and price breakdowns for optional activities for travellers to explore the city on their own. “While we aim to serve the digital-savvy traveller, ikhlas.com Travel is always ready to serve those who prefer offline arrangements. Rest assured we will be with you every step of the way, from pre-departure (airport assistance, pre-checked in flights and hotels) to all your travel handling essentials.” To celebrate the relaunch of ikhlas.com Travel, ikhlas.com is lowering the prices of its super affordable packages with special promotions including the Buy 1, Free 1 for private trips within South East Asia or RM1,000 off for couple bookings to non-SEA destinations. Travellers can also enjoy a RM2,000 discount for 4 pax on any group packages including to Japan, South Korea and Kazakhstan! Launched at the height of the pandemic in October 2020, ikhlas.com is a Muslim-friendly lifestyle and travel platform designed to make it easier for Muslims to fulfill their religious obligations. In addition to ikhlas.com Umrah and Muslim-friendly Travel offerings in collaboration with subsidiary airline, AirAsia, ikhlas.com also makes it easier for Muslims to perform Zakat, Sadaqah, Aqiqah, Fidyah, Qurban and more. For more information, visit ikhlas.com or download the mobile app through the Apple App Store and Google Play Store .
- July 29, 2025Business
Delta Electronics (Thailand) Honored on CDP’s 2024 Supplier Engagement “A” List for the Second Time
Delta Electronics (Thailand) PCL ., a global leader in power management and smart green solutions, has been selected for the 2024 CDP Supplier Engagement “A” List for the second time, reaffirming its leading performance in climate-conscious supply chain management. This distinction places Delta Thailand among the top 6% of companies worldwide recognized for driving climate action through supplier engagement. Mr. KK Chong, Head of Sustainable Development at Delta Electronics (Thailand), said, “We believe real climate action happens when we move together with our suppliers in implementing actionable ESG strategy to build the foundation for a net-zero emissions future. This recognition validates the hard work of our teams and partners worldwide who are committed to accelerating decarbonization in the value chain.” The CDP’s Supplier Engagement Assessment (SEA) evaluates how effectively companies work with suppliers to manage climate risks, science-based targets, and encourage emissions reductions. Delta is focused on good governance and clear momentum in supplier engagement, climate data transparency, and upstream emissions reduction. As part of its net-zero strategy, Delta has committed to reducing Scope 3 greenhouse gas (GHG) emissions by 25% by 2030 and achieving a 90% absolute reduction by 2050, using 2021 as a base year. To drive these outcomes, Delta consistently works with its key suppliers through a combination of off-site reviews and on-site environmental audits, evaluating emissions, energy use, and potential impacts on biodiversity. Furthering its circular economy goals, the company is working closely with suppliers of metals and thermoplastics to incorporate greater volumes of certified recycled content. Materials such as steel, aluminum, copper, PE, PC, PBT, and corrugated board cartons are now increasingly sourced in compliance with Global Recycled Standard (GRS) and Recycled Claim Standard (RCS) certifications. Throughout 2024, Delta continued to strengthen its environmental performance across regional operations. In Thailand, India, and Slovakia, the company increased its use of renewable electricity Delta recorded measurable improvement in electricity intensity, supporting its target of a 20% reduction by 2025 compared to 2020 levels. Simultaneously, progress in reducing direct operational emissions (Scope 1 & 2) remained on track, with incremental reductions contributing toward the company’s ambitious goal of a 90% cut by 2030 from a 2021 baseline. As a global corporate citizen, Delta Thailand remains committed to expanding clean energy use, strengthening supplier partnerships, and maintaining transparency in climate performance. Looking ahead, the company continues to focus on creating long-term value through sustainable innovation and contributing to a more resilient, low-carbon future.
- July 29, 2025Business
CapitaLand Ascott Trust achieves 6% increase in gross profit with stronger operating performance
CapitaLand Ascott Trust (CLAS) achieved a 6% increase in gross profit year-on-year (y-o-y), reaching S$182.5 million for 1H 2025. Revenue was also up 3% y-o-y to S$398.5 million. The higher gross profit and revenue were mainly attributed to stronger operating performance, CLAS’ portfolio reconstitution strategy and asset enhancement initiatives (AEI). On a same-store basis, both gross profit and revenue grew 4% y-o-y in 1H 2025. Citadines Holborn-Covent Garden London (pictured) is one of the six asset enhancement initiatives CapitaLand Ascott Trust completed in 2024. Additionally, AEI for ibis Ambassador Seoul Insadong was completed in 2Q 2025. In 2025 and 2026, CLAS has planned four more AEIs to drive future growth. CLAS’ revenue per available unit[1] (REVPAU) for 1H 2025 rose 3% to S$150, compared to 1H 2024. CLAS’ REVPAU for 2Q 2025 also saw a 3% increase y-o-y to S$159 on the back of higher average occupancy rates. Most of CLAS’ key markets registered REVPAU growth. Driven by the operating performance of the portfolio, CLAS’ total core distribution[2] for 1H 2025 increased by 1% y-o-y to S$91.6 million. Total distribution remained at S$96.5 million. Core Distribution per Stapled Security[2] (DPS) and DPS remained relatively stable at 2.40 cents and 2.53 cents respectively. CLAS is committed to distributing stable core distributions, through enhancing core distribution income from operating performance and distributing non-periodic and/or divestment gains when appropriate. Mr Lui Chong Chee, Chairman of CapitaLand Ascott Trust Management Limited and CapitaLand Ascott Business Trust Management Pte. Ltd. (the Managers of CLAS), said: “CLAS continues to deliver consistent growth, achieving higher revenue and gross profit in 1H 2025. Despite global uncertainties, CLAS remains resilient, supported by our diversified portfolio across geographies, lodging asset classes and contract types. In 1H 2025, 66% of CLAS’ gross profit was from stable income sources, of which 16% of the gross profit was contributed by CLAS’ assets in the living sector[3]. The remaining 34% of the gross profit came from growth income sources. We continue to seek opportunities to reconstitute and enhance our portfolio. By divesting properties at the optimal stage of their life cycle, we are able to reinvest the proceeds into higher-yielding acquisitions, AEIs or other value-accretive uses to deliver stable and sustainable returns to Stapled Securityholders.” CapitaLand Ascott Trust’s higher gross profit and revenue were mainly attributed to stronger operating performance, CLAS’ portfolio reconstitution strategy and asset enhancement initiatives. CLAS completed the acquisition of lyf Funan Singapore (pictured) in December 2024. Ms Serena Teo, Chief Executive Officer of the Managers of CLAS, said: “As part of our proactive portfolio management strategy, we have planned to undertake three additional AEIs in 2025 and 2026, bringing the total number of AEIs to five[4]. One of the additional AEIs, for ibis Ambassador Seoul Insadong, was successfully completed in 1H 2025. The total capital expenditure to upgrade the remaining four properties in the pipeline is approximately S$205 million. These AEIs will enhance the value proposition of our properties located in key gateway cities, enabling them to better capture lodging demand and, uplift both profitability and asset value.” “These AEIs complement our growth strategy through portfolio reconstitution. In January 2025, CLAS redeployed divestment proceeds to acquire two freehold limited-service hotels in Japan, ibis Styles Tokyo Ginza and Chisun Budget Kanazawa Ekimae, for a total of JPY21 billion (S$178.5 million[5]). This acquisition has a DPS accretion of 1.6%[6], and will more than replace the income from our four previously divested properties in Japan[7]. We continue to strengthen the quality and earnings resilience of CLAS’ portfolio, positioning us for future growth,” added Ms Teo. Asset enhancement and development projects to drive future growth CLAS completed six AEIs in 2024[8]. In 2025 and 2026[9], CLAS has planned to undertake three additional AEIs, on top of The Cavendish London in the United Kingdom and Sydney Central Hotel in Australia which were announced previously. The three additional properties are ibis Ambassador Seoul Insadong in South Korea, Citadines République Paris in France, and Sotetsu Grand Fresa Osaka-Namba in Japan. Of the three, the AEI for ibis Ambassador Seoul Insadong began in 1Q 2025 and was completed in 2Q 2025. The total capital expenditure for the four remaining AEIs is approximately S$205 million, of which CLAS’ investment is approximately S$145 million. The remaining will be funded by the master lessee or operator of the properties. CLAS is also redeveloping its 192-unit Somerset serviced residence at Clarke Quay in Singapore. Development work is slated for completion in 2026, with the property commencing operations in 2027. CLAS remains in strong financial position CLAS continues its active and prudent capital management approach. CLAS’ gearing is at 39.6% as at 30 June 2025. This is well below the 50% gearing limit allowable under the property funds appendix issued by the Monetary Authority of Singapore. CLAS also increased its fixed-rate borrowings from about 76% as at 31 March 2025 to about 82% as at 30 June 2025. CLAS’ average cost of debt remains low at 2.9% per annum as at 30 June 2025 and is expected to be stable. The weighted average debt to maturity is 3.4 years. Interest cover is also healthy at 3.1 times. CLAS has a total of approximately S$1.46 billion in cash on-hand and available credit facilities. Notes: [1] Revenue per available unit of properties excludes master leases, rental housing and student accommodation. [2] Excluding non-periodic items relating to realised exchange gain arising from repayment of bank loans in 1H 2025 and (2) realised exchange gain arising from settlement of cross currency interest rate swaps in 1H 2024. [3] Refers to CLAS’ rental housing and student accommodation properties. [4] ibis Ambassador Seoul Insadong, Citadines République Paris, The Cavendish London, Sydney Central Hotel and Sotetsu Grand Fresa Osaka-Namba. [5] Based on an exchange rate of JPY1 to S$0.0085. [6] On a FY 2024 pro forma basis. [7] The four divested properties in Japan are Infini Garden, a rental housing property in Fukuoka and three hotels in Osaka – Hotel WBF Honmachi, Hotel WBF Kitasemba East and Hotel WBF Kitasemba West. [8] The Robertson House by The Crest Collection in Singapore, Citadines Les Halles Paris, Citadines Kurfürstendamm Berlin, La Clef Tour Eiffel Paris, Citadines Holborn-Covent Garden London and Temple Bar Hotel Dublin by The Unlimited Collection. [9] Timelines of the AEIs are subject to change. AEI schedules may be adjusted as appropriate in view of macroeconomic situation, lodging demand and renovation costs.
- July 29, 2025Games & Entertainment
AirAsia Champions Game Developers Dreams through Dream It: Vol. 2
The third iteration of RedGames jam returned this year with the grand prize winners, Team Glep, taking home an all-expenses-paid trip to the 2025 Tokyo Game Show as part of the AirAsia Dream It brand experience , which recently wrapped up in Kuala Lumpur. This team participated in last year’s edition and came back stronger this year to emerge as champions. Photo caption : (From left): Amir Azlan, Manager, Games/ Interactive Media, Malaysia Digital Economy Corporation (MDEC) with the 4 winners (Lee Chong Wei, Shawna Lim Jie Yi, Chuan Wei Yin and Kenny Yeow Kai Jie) from Team Glep and IP Development Manager, Abby Yao from AirAsia brand co. Hosted by AirAsia for the past three years to highlight regional game development talent, this latest iteration is included in the Dream It brand experience, which aims to give a bigger highlight to the region’s thriving games community. The game will potentially be playable on AirAsia MOVE via the ‘ RedGames ’ tile on the app. The Grand Prize winners produced a game called ‘Tappy’s Time Off’ which revolves around AirAsia’s own IP, AirAsia Buds. The game follows Tappy the Tapir, who finds himself juggling work duties while secretly planning his dream vacation. Players must help Tappy navigate a series of hilarious office distractions, all while avoiding detection from his ever-watchful boss. Izal Azlee, Head of IP Development at AirAsia brand co (Abc.), said : “After three years of RedGames Jam working with the community, I would say that this is the biggest turnout that we’ve had. From SEGA to Asia Pacific University, we are again providing a chance for budding game developers to experience the Tokyo Game Show. This year’s competition is especially meaningful, as it forms part of AirAsia’s broader brand campaign, The Colour of Connection (TCOC). The initiative falls under the Dream It banner, which aims to unite and empower specific communities through creativity, collaboration and shared experiences.” Kenny Yeow, the team lead of Team Glep said : “My teammates and I are proud of this achievement and RedGames Jam is an event that we look forward to every year. The opportunities that AirAsia presents to us, game developers, is life-changing and we highly encourage other aspiring game developers to be part of future editions of this great event." Assoc. Prof. Ts. Dr. Tan Chin Ike, Head of School, Asia Pacific University (APU) said: "I strongly believe that great games start with great talent. Through this exciting partnership with AirAsia, we are providing an opportunity for young talents and aspiring game developers to not only showcase their creativity and flex their technical muscles but also gain a life-changing level-up by building confidence, receiving mentorship and power-ups from industry practitioners and taking meaningful steps toward a future in the game development industry." The first runner-up, Team LOGIC - Greybox from Binus University, Indonesia, took home cash prizes and AirAsia merchandise, together with tickets to gamescom asia x Thailand Game Show and return flights to Bangkok, Thailand, to experience the 3-day video games convention. Together with the Top 10 entrants of RedGames Jam , they will be presented with the opportunity to showcase their games at Level Up KL, a premier Southeast Asia Game Developers Conference organised by Malaysia Digital Economy Corporation (MDEC). With RedGames Jam being the entry point to the Dream It experience, the grand prize winners will be given the opportunity to explore Tokyo’s vibrant gaming and cultural hotspots, gaining insights, inspiration and a broader perspective on the global video games industry. This is part of AirAsia's ongoing commitment in championing dreams and fostering Asean talent through People, Places and Passion. Photo caption : The top 3 winners from RedGames Jam 2025 pose for a group photo with the AirAsia brand co. team. ABOUT REDGAMES JAM 2025 RedGames Jam is a team-based competition where teams of up to 5 members have to create a playable game within a limited 48-hour time frame. Held from 11-13 July 2025 at Asia Pacific University of Technology and Innovation (APU), Bukit Jalil, Malaysia, this year’s iteration saw a total of 36 teams participating. The theme for this year’s game jam was hypercasual with progression elements featuring the AirAsia Buds characters. Following the game jam, judges representing AirAsia brand co., SEGA Corporation, Albrite Studios, Larian Studios, CtrID Studio, Passion Republic and MDEC had one week to score the top 10 game submissions. AIRASIA DREAM IT EXPERIENCE & THE COLOUR OF CONNECTION AirAsia’s ‘ Dream It ’ is an ongoing brand experience under The Colour of Connection (TCOC) campaign, created to bridge the gap between aspiring creators and industry leaders across Asean. As part of AirAsia’s broader brand journey, it is a platform that connects rising Asean talent with leading voices, collectives and or brands through meaningful experiences. Download the AirAsia MOVE app today to play these games and follow other ‘Dream It ’ stories on our Instagram page at @airasia !
- July 28, 2025Business
JD.com Announces “10 Billion Growth Plan” to Introduce 1,000 Overseas Brands to China over Next Three Years
In China, two things are true in commerce: Firstly, when it comes to Chinese consumers, they know exactly what they want and in recent years it’s clear there has been a growing demand for international products. The second thing that’s true is that JD.com (also known as JINGDONG), with customers at the heart of everything it does, always goes over and above to provide consumers what they want, when they want it. So it’s not surprising that JD.com, a global leading technology and service enterprise with supply chain at its core and China’s largest retailer by revenue, has announced an ambitious “ 10 Billion Growth Plan ” to introduce 1,000 new brands from overseas through cross-border e-commerce over the next three years. Leveraging its strong cross-border import supply chain capabilities, JD.com is committed to serve as the gateway in connecting global brands with the growing demand for international products from Chinese consumers. It’s a win-win for everyone, with these overseas brands achieving a total sales growth of 10 billion RMB. The “ 10 Billion Growth Plan ” will be supported by three major initiatives: “ Centennial Brands ,” “ National Pavilions ,” and “ Global Goods Recruitment .” Here’s what’s involved: Centennial Brands Initiative: JD.com is teaming up with iconic international brands that have been around for over 100 years but have not yet entered the Chinese market. As part of this effort, JD.com will introduce a “Global Centennial Pavilion,” providing a dedicated space to highlight these legendary brands. Additionally, special “Centennial Brand Days” will be organized to give Chinese consumers a chance to discover and experience the rich history and craftsmanship of these time-honored names, all from the comfort of their own homes. National Pavilion Initiative : JD.com’s National Pavilions have quickly become a dynamic cultural hub, offering a window into the traditions, customs, and unique products of different countries. These pavilions, officially backed by embassies and trade chambers, are not just a platform for sales, but a way for consumers to experience the spirit of global cultures. Currently, JD.com operates 140 National Pavilions across its platform, and in the next three years, the company plans to expand this network to cover almost all countries in Europe, offering even greater access to distinctive, high-quality products overseas. Global Goods Recruitment Initiative : JD.com will invite consumers to be part of the process of sourcing and bringing high-quality, international products to China, with a focus on health-conscious, organic, and locally produced items. If consumers know of international products they’d love to see available in China, JD.com’s team will actively work to bring those items to the platform. The initiative aims to expand the variety and quality of imported goods, helping to meet the growing and diverse needs of Chinese shoppers. European brands have long been favored by Chinese consumers. In 2024, sales of European brand products on JD.com exceeded 740 million units, with total sales amount surpassing 87 billion RMB. In the first half of 2025, European brand sales on JD.com exceeded 390 million units, with sales amount exceeding 46 billion RMB. Brands like Danone and Nestlé from France, Adidas from Germany, and Fila from Italy all achieved double-digit year-on-year growth on JD.com. ( [email protected] )
- July 28, 2025Business
AirAsia strengthens position as airline with largest network between Malaysia and Indonesia, launching two direct routes to Pontianak in West Kalimantan
AirAsia Malaysia (flight code AK) today reaffirmed its position as the airline with the largest network between Malaysia and Indonesia by launching two new direct routes connecting Kuala Lumpur and Kuching to Pontianak, the capital city of West Kalimantan, Indonesia with AirAsia as the only airline operating international flights to the city starting 12 September 2025. KV_Combine KV EN.jpg This expansion follows AirAsia’s rapid growth in Indonesia including the recent launch of the Kuala Lumpur-Palembang route in July and the upcoming Kuala Lumpur-Semarang in September. With the introduction of Pontianak, AirAsia Malaysia will operate to a total of 17 destinations in Indonesia through 223 weekly flights between the two countries, solidifying its position as the airline with the widest network serving Indonesia. The launch of these new routes strengthens regional connectivity and supports both government targets, including Malaysia’s goal to attract 4.3 million Indonesian tourists in 2025 and Sarawak’s target of five million visitor arrivals by year-end. It also aims to contribute to Indonesia’s national target of 16 million international arrivals with Malaysia remaining one of its top source markets. The new routes were unveiled during the Sarawak Travel Fair organised by the Sarawak Tourism Board in Pontianak, which was officially launched by the Governor of West Kalimantan Bapak Drs. Ria Norsan. Bapak Drs. Ria Norsan, West Kalimantan Governor said: “We are delighted with AirAsia’s decision to further connect West Kalimantan with Kuala Lumpur and Kuching. These new direct routes will not only facilitate easier access for travellers but also bolster trade, investment and tourism flows. West Kalimantan stands ready to welcome more Malaysian visitors while providing convenient access for Indonesians seeking business opportunities, leisure travel and medical services in Sarawak and Kuala Lumpur.” Azizul Zekri bin Abd Rahim, Consul of Malaysia in Pontianak said: “This new connectivity marks a pivotal moment in fostering stronger bilateral ties between Malaysia and Indonesia, particularly West Kalimantan. With Visit Malaysia 2026 on the horizon, this expansion comes at the perfect moment to further boost tourism, foster cultural exchange and enhance regional ties between both nations. It will ease the movement of people, stimulate bilateral business growth and offer cultural enrichment between both countries.” Dato’ Captain Fareh Mazputra, AirAsia Malaysia CEO said: “As the low-cost airline with the widest international network operating in Indonesia, we are proud to further expand our extensive network with these direct connections to Pontianak. The strong demand for travel between Malaysia and West Kalimantan has driven us to enhance connectivity, making it easier and more affordable for people to travel for business, tourism and medical purposes. By launching flights from our main hub in Kuala Lumpur and Kuching, we are providing greater convenience and flexibility for our guests, while contributing to the tourism growth and economic development of both Malaysia and Indonesia.” Sharzede Datu Hj Salleh Askor, Sarawak Tourism Board CEO said: “Sarawak’s increasing demand, particularly in health tourism, makes this direct route even more valuable for Indonesians seeking affordable, quality healthcare. Previously, travellers had to transit through Jakarta or Kuala Lumpur leading to longer hours and higher cost. This new route Kuching-Pontianak connection will help drive visitor growth, create new business opportunities and further strengthen Sarawak’s role as the gateway to Borneo. It is a win-win for both sides of the border. The people of Kalimantan and Sarawak deserve seamless connectivity and the prospect of mutual growth.” In celebration of the launch, AirAsia is offering special promotional fares for flights from Kuala Lumpur to Pontianak starting from just RM159* all in one way. Flights from Pontianak to Kuala Lumpur are also available from IDR499,000* all in one way starts from today onwards until 3 August 2025, for travelling between 12 September 2025 and 28 March 2026. Meanwhile, flights from Kuching to Pontianak start from just RM149* all in one way, while flights from Pontianak to Kuching are available from IDR467,371* all in one way. Guests can book their flights from today onwards until 3 August 2025, for travelling between 12 September 2025 and 28 March 2026, available on the AirAsia MOVE app and airasia.com . Flight Schedule between Kuala Lumpur (KUL) and Pontianak (PNK): Flight Schedule between Kuching (KCH) and Pontianak (PNK): *All-in fares are quoted for one-way travel only, including passenger service charges, regulatory service charges, fuel surcharges, and other applicable fees. Terms and conditions apply.
- July 24, 2025Travel & Leisure
EVT expands extensive room offerings, unveiling Atura’s innovative new experiences
EVT Hotels & Resorts recognised the opportunity to enter and innovate in the lifestyle-budget accommodation market, with the development of the LyLo brand and now the introduction of new room experiences under the Atura brand, cleverly designed to meet the needs of modern travellers. Maximising assets is a strategic goal at EVT, by continually assessing ways to generate additional earnings from real estate to grow asset value. At Atura Adelaide Airport, 28 additional rooms consisting of three new experiences - Snuggy, Snuggy Plus, and a Family room have been opened to compliment the current spacious room experiences. Recognising global trends in the new way to stay, these smaller room experiences offer character that truly emulate the saying ‘there is a place for everything and everything in its place’. Snuggy: At 12m2, these compact and comfy rooms are ideal for overnight stays with all that you need in a new way. Inspired by LyLo’s social accommodation model, yet upscaled based on Atura customer insights and brand design, the new contemporary rooms offer clever design features and essential amenities at an affordable price. Whilst compact in their cabin-like design, a great night’s sleep is still the highest priority and each room includes a King Dream Bed nestled with slimline window for uninterrupted shuteye, cocooned in your own private sanctuary. Compact ensuites flooded with deep green hues feature Mr Smith amenities, luggage storage and a foldaway desk shaped like a vintage suitcase, sees function transform into play for those that need to work remotely. A choice of Snuggy Room with or without a television, helps unplug at the end of the day. Snuggy Plus: Taking things up a notch at 18m2, Snuggy Plus include a television and comfy two-seater lounge chair surrounded by pops of Atura’s signature design, perfect before an early flight or relaxing after a long one. Family: Families need more room to relax and play. The new 40m2 Atura Family design includes a King Dream bed and bunkbeds for the perfect night’s sleep. Spread out on the built-in lounge or table and chairs, the perfect space to play the included kid's games, before you top off the night with a movie. The ensuites Mr Smith amenities ensure you have everything you need. So convenient, you may be swayed to stay a few more days. These innovative new room types ensure EVT has a room design catering to every guest and budget, from LyLo and their pods, right through to the luxury of QT Hotels & Resorts spacious suites. As owners and operators of Hotels, recognising new traveller trends and delivering greater returns from hotel assets is fundamental. Callum Kennedy, Group General Manager Operations, EVT said of the new Atura room offerings, “Atura’s new rooms represent our commitment to innovation in meeting the diverse needs of our guests. By leveraging our expertise and customer insights across our EVT portfolio, we've created a unique offering that combines affordability with essential amenities, all while fostering a sense of community. This innovation creates flexibility for future Atura developments, setting Atura apart in the Australian market and underscoring our dedication to evolving with the needs of modern travellers.” Atura’s new rooms are available at Atura Adelaide Airport now. For more information or to make a reservation, visit aturahotels.com
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- Xraised Selects Anthony Tse as a Top Career Coach for Leadership and Transformation
- Xraised Honours Shak Schiff: The Leading Force in Digital Assurance Excellence
- Boerger Consulting Named Top Choice by Xraised for Software, Asset, and Compliance Leadership
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