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July 30, 2025

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, 2025

Business

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, 2025

Business

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, 2025

Business

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, 2025

Games & 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, 2025

Business

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, 2025

Business

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, 2025

Travel & 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

July 23, 2025

Business

Asiatique The Riverfront Destination Receives “Mall of the Year - Thailand” Award from the Retail Asia Awards 2025, Strengthening AWC’s Vision for Iconic Global Sustainable Tourism Destinations

Asset World Corporation (AWC) , Thailand’s leading integrated lifestyle real estate group, has once again demonstrated regional excellence by receiving the prestigious “Mall of the Year – Thailand” award for Asiatique The Riverfront Destination at the Retail Asia Awards 2025 . As one of AWC’s Lifestyle Destinations, Asiatique The Riverfront Destination reaffirms its status as the country’s largest riverfront ‘Retail-Tainment’ hub. Offering the best travel experiences for family-friendly of all ages from morning to night under the concept of “All Day Everyday Happiness” , blending shopping, cultural heritage, and culinary innovation with world-class immersive attractions to meet modern lifestyle demands. Building on this momentum, the destination is set to launch Jurassic World: The Experience on 8 August 2025 , alongside the Jurassic World: The Experience Hatch Dome , which will feature AWC’s 4D sustainability experience “Better World, Better Future” . These new offerings further strengthen Bangkok’s position as a world-class Retail-Tainment hub and reflect AWC’s commitment to delivering long-term value through experience-led development, while reinforcing Thailand’s position as a global sustainable tourism destination. Mr. Michael Hariz, Chief Commercial Officer of Asset World Corporation (AWC), stated: “We are truly honored to receive the ‘Mall of the Year – Thailand’ award for Asiatique The Riverfront Destination and extend our appreciation to our valued customers, tenants, local and global partners whose continued support has made this achievement possible. This recognition reaffirms the success of AWC’s Lifestyle Destination strategy, which focuses on creating iconic, experience-led destinations that meet evolving lifestyle needs while enhancing Thailand’s tourism appeal. As Thailand’s leading Retail-Tainment destination, we remain committed to bringing world-class experiences to visitors through three key creative pillars - introducing globally acclaimed immersive experience under the Festival Village concept, including the upcoming Jurassic World: The Experience and ‘Better World, Better Future’ AWC’s 4D sustainability initiative; expanding our position as the largest food and beverage destination with highlights such as the first-ever Jurassic World restaurant outside of a theme park; and curating a vibrant Lifestyle Market featuring a diverse mix of leading brands and local favorites—guided by our mission of ‘Building Better Future For All.’” The Retail Asia Awards, organized annually by Retail Asia magazine for more than two decades, celebrate outstanding organizations across the Asia-Pacific region that play a prominent role in shaping the future of the retail industry. The awards recognize excellence in innovation, customer experience, sustainability, and positive contributions to society and the economy. The Mall of the Year - Thailand award reflects AWC’s continued success in shaping Asiatique The Riverfront Destination into an internationally recognized landmark. The project is also a key part of the AWC River Journey Project, which connects cultural and tourism destinations along the Chao Phraya River. Situated on a historically significant site that once served as Thailand’s first cargo port during the reign of King Rama V, the area has been thoughtfully revitalized by AWC into a vibrant, contemporary destination. Blending historical significance with modern experiences, the destination offers a dynamic mix of riverside dining, cultural engagement, retail, and global-scale entertainment, guided by the concept of ‘All Day Everyday Happiness’. Asiatique The Riverfront Destination continues to energize Thailand’s global tourism landscape with the forthcoming launch of ‘Jurassic World: The Experience’ , the world’s latest immersive experience of its kind for families and visitors of all ages. Nearby, the Jurassic World: The Experience Hatch Dome will house AWC’s “Better World, Better Future” , a groundbreaking Liminal 4D Experience that connects the extinction of dinosaurs to environmental awareness today. AWC has also expanded its strategic partnerships with numerous allies, including government agencies, global partners, and world-renowned hotel chains, introducing new riverside culinary and service experiences through a curated selection of exceptional restaurants. These include the Jurassic World: The Experience Fossil & Flame Restaurant , the first-ever Jurassic World restaurant outside of a theme park, where cinematic storytelling meets immersive dining through themed menus and environments inspired by the beloved franchise. ‘Asiatique Ancient Tea House’ , a refined dim sum venue that tells the story of Siam’s historical global connections. ‘The Crystal Grill House’ , a premium steakhouse and seafood grill inspired by Siam’s trade history during the reign of King Rama V, and closely linked to the story of the ‘Sirimahannop’, a replica of the last three-masted sailing ship officially used by The Royal Thai Navy that brought prosperity from the western world to the Kingdom of Thailand. ‘Okura Cruise’ , the world’s first luxurious Kaiseki and Teppanyaki dining cruise by Okura, blending authentic Japanese culinary traditions and modern interpretations along the Chao Phraya River. All these experiences have been warmly embraced by both Thai and international visitors. Guided by AWC’s Lifestyle Destination vision, which is designed to cater to every aspect of modern life, AWC is committed to developing landmark projects that support Thailand’s emergence as a global leader in sustainable tourism. This commitment is anchored in the company’s mission of Building Better Future For All.

July 23, 2025

Business

CapitaLand Malaysia Trust posts 4.2% increase in 1H 2025 distribution per unit

CLMT's stronger operating performance was driven by higher revenue across most of its properties due to positive rental reversions as well as income recognition from Glenmarie Distribution Centre. Summary of CLMT’s results Kuala Lumpur, 21 July 2025 – CapitaLand Malaysia Trust (CLMT) announced a distributable income of RM71.9 million for the period 1 January 2025 to 30 June 2025 (1H 2025), 7.4% higher than the RM66.9 million for the same period last year. The distribution per unit (DPU) for 1H 2025 grew 4.2% year-on-year (y-o-y) to 2.46 sen. Net property income (NPI) for 1H 2025 increased by 7.3% y-o-y to RM138.8 million, primarily driven by higher revenue across most of its properties due to positive rental reversions as well as income recognition from Glenmarie Distribution Centre which commenced in January 2025. Excluding a one-off compensation of RM3 million recorded in 1H 2024 from the early termination of a lease contract, NPI for the period grew 9.8% y-o-y. Ms Yong Su-Lin, CEO of CapitaLand Malaysia REIT Management Sdn. Bhd. (CMRM), the manager of CLMT Ms Yong Su-Lin, CEO of CapitaLand Malaysia REIT Management Sdn. Bhd. (CMRM), the manager of CLMT, said: “We are encouraged by CLMT’s strong performance in 1H 2025, driven by resilient demand across our diversified portfolio and proactive asset management strategies. Our strategic expansion into the industrial and logistics sectors, coupled with ongoing enhancements to our retail assets, positions us well to capture sustainable growth and deliver consistent value to our unitholders.” “We continue to elevate the appeal of our portfolio with family-oriented lifestyle offerings at 3 Damansara and The Mines that cater to evolving shopper preferences and strengthen the tenant mix. With these additions, shoppers will be able to enjoy a more wholesome experience at our malls and we are confident that our tenants can also benefit from the increase in footfall and sales.” “On the industrial and logistics front, we expanded our presence in Johor through the acquisition of three industrial properties in Senai Airport City. Alongside these properties, we expect the DPU-accretive acquisition of three industrial properties at Nusajaya Tech Park in Iskandar Johor and a modern automated logistics facility in Selangor to contribute positively to CLMT’s earnings in 2H 2025 upon completion. Collectively, 76%1 of these properties are leased to established tenants in the logistics and life science sectors, enhancing CLMT’s tenant base and income resilience. Increasing the industrial and logistics segment to approximately 8% of our total assets under management aligns with our long-term strategy to capitalise on the robust demand driven by Malaysia’s growing manufacturing and supply chain sectors,” added Ms Yong. Proactive portfolio management As at 30 June 2025, CLMT’s retail occupancy improved to 92.6% from 91.8% as at 31 March 2025. Including its two fully leased logistics properties, the overall portfolio occupancy stood at 93.3%. CLMT’s retail properties registered positive rental reversions of 10.8% for 1H 2025. Shopper traffic decreased slightly by 1.0% y-o-y, while tenant sales per sq ft grew 0.5% y-o-y. Prudent capital management On 3 June 2025, CLMT proposed a placement2 to raise gross cash proceeds of up to RM250 million. The proceeds will primarily be used to repay the existing bank borrowings incurred for the acquisitions of nine industrial and logistics assets, at a total cost of approximately RM400 million. This includes the completed acquisitions of Valdor Logistics Hub and Glenmarie Distribution Centre which are already contributing to income. The proposed placement is part of the manager’s prudent capital management strategy to optimise CLMT’s financing structure, enhance balance sheet flexibility and create additional headroom for future growth opportunities. The issuance of new placement units will increase the number of units in circulation, thereby enhancing CLMT’s trading liquidity. A Unitholders’ Meeting is scheduled for 22 July 2025 to obtain approval for the proposed placement. As at 30 June 2025, CLMT’s gearing ratio stood at 43.0%, and is expected to decrease to 39.6% upon completion of the placement in 3Q 2025. As at 30 June 2025, CLMT maintained a well-spread debt maturity profile with an average term to maturity of 4.1 years. Its year-to-date average cost of debt was 4.41%. 79% of its total borrowings are on fixed interest rates to mitigate exposure to interest rate movements. Sustainability initiatives CLMT continues to be recognised for its commitment to sustainable business practices. In June 2025, it was included in the FTSE4Good Bursa Malaysia (F4GBM) Index, which measures the performance of public listed companies with strong environmental, social and governance practices. CLMT also remains a constituent of the FTSE Bursa Malaysia MidS Cap Index3, which forms part of the FTSE Bursa Malaysia EMAS Index. In addition, CLMT was awarded a 4-star FTSE4Good ESG rating, reflecting marked improvements across multiple categories, including environmental supply chain, social supply chain, labour rights as well as human rights and community engagement, compared to its 2023 assessment. Distribution details As CLMT’s DPU is paid out on a half-yearly basis, unitholders can expect to receive a DPU of 2.46 sen for the period from 1 January 2025 to 30 June 2025. The book closure date for the first income distribution will be on 5 August 2025 and payable on 19 August 2025. Notes: Based on net lettable area Fundraising announcement Comprises constituents from the FTSE Bursa Malaysia EMAS Index with full market capitalisation between MYR200 million and less than MYR2 billion.

July 22, 2025

Business

Seven announces senior content team appointments

The Seven Network today announced the appointment of Kate Amphlett as Director of Communications and Marketing and Blake Barillaro as Director of Audience Measurement and Research. Both are newly created roles and report to Seven’s Chief Content Officer, Brook Hall. Ms Amphlett has been an integral part of Seven’s content and publicity teams for almost 20 years. She was appointed Director of Communications earlier this year and recently streamlined Seven’s communications function around the core content pillars of entertainment and 7plus, news and current affairs, and sport. Working closely with Seven’s Marketing, Creative and Social teams, Ms Amphlett has been behind campaigns for some of Australia’s biggest entertainment, drama, reality and lifestyle shows, as well as playing an instrumental role in major corporate events and brand initiatives. Ms Amphlett said: “Bringing together Communications and Marketing gives us the opportunity to unify our messaging, sharpen our strategy and enhance our experience for Seven’s audiences across multiple platforms. We’re fortunate to have some of the most creative minds in the industry at Seven, and I’m excited to continue collaborating with them as we shape the next chapter of our brand.” Mr Barillaro joined Seven from Nine in 2021 as Insights Manager, before being promoted to Head of Digital Audience Data in 2024. He has been integral in the rollout of Australia’s audience currency measurements, including VOZ and Ipsos iris, and has effectively built out the reporting of Seven’s cross-platform content ratings. As Director of Audience Measurement and Research, Mr Barillaro will oversee the reporting capabilities of all ratings and research insights and collaborate with the industry on future data products and technologies to continue to enhance how our audiences are measured nationally. Mr Barillaro said: “Over the past few years, we have seen a transformation of our ratings reporting, with the need to accurately identify how viewing behaviours continue to evolve and the full scope of our content’s ability to reach Australians. I am excited to continue to enhance the capabilities of this department in providing actionable insights for our teams across Seven West Media.” Mr Hall said: “Seven’s content team continues to impress with its depth and talent. Kate and Blake have been an integral part of our team for many years, and it’s fantastic to see them stepping into these important roles. “Television truly is in Kate’s DNA. Over the past 20 years, she’s been a driving force behind some of Seven’s most iconic shows and events. Her passion for the industry, combined with her understanding of Seven’s people and audiences, makes her an exceptional strategic leader within our business. "Blake has been instrumental in reshaping how we capture and interpret audience data at Seven, delivering more insights into viewer behaviour than we’ve had before. He is always thinking one step ahead and we can’t wait to see what he does next,” he said. Today’s announcement rounds out several recent senior appointments in Seven’s content team, which also includes: • Head of Communications, Entertainment and 7plus: Alison Booth • Head of Communications, Sport: Emma Francis • Head of Communications, News and Current Affairs, Partnerships and Community: Brittany Stack • Head of Marketing, Entertainment and 7plus: Kerstin Hennessy • Head of Marketing, News, Current Affairs and Sport: Chantelle Hugo • Communications and Marketing Manager, Queensland: Laura Allen-Ducat • Communications and Marketing Manager, Victoria: Robyn Smith • Head of Audience Insights: Thomas Fernance • Head of Research and Effectiveness: Ashley Spinks For more information, please contact: Kaycie Bradford Communications Director, Corporate M: 0400 002 664 E: [email protected] About the Seven Network The Seven Network is part of Seven West Media (ASX: SWM), one of Australia’s most prominent media companies, with a market-leading presence across broadcast television, publishing and digital. The Seven Network alone reaches about 17.5 million people a month. Seven West Media owns some of Australia’s most renowned media businesses and platforms, including the Seven Network and its affiliate channels 7two, 7mate, 7flix and 7Bravo; 7plus; 7NEWS.com.au ; The West Australian; The Sunday Times ; PerthNow ; The Nightly ; and Streamer . The Seven Network is home to Australia’s most loved news, sport and entertainment programming, including 7NEWS, 7NEWS Spotlight, Sunrise, The Morning Show, The Voice, Home and Away, Australian Idol, My Kitchen Rules, Dancing With The Stars, Farmer Wants A Wife, The Chase Australia, Better Homes and Gardens, RFDS, The 1% Club and the TV WEEK Logie Awards . The Seven Network is also the broadcast partner of the AFL, Cricket Australia and Supercars.

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