Month: 2025-10

- The Hong Kong Trade Development Council (HKTDC) and Hong Kong Science and Technology Parks Corporation (HKSTP) teamed up to stage two tech pavilions at GITEX Global 2025 in Dubai, helping Hong Kong exhibitors break into the Middle East market.- Multiple pitching sessions were held along with a networking dinner to help Hong Kong's I&T enterprises establish local business connections.- Hong Kong exhibitors achieved fruitful results, with one exhibitor set to sign a Memorandum of Understanding with the authorities from Oman after the event.HONG KONG, Oct 21, 2025 - (ACN Newswire via SeaPRwire.com) – GITEX Global 2025 concluded successfully last Friday. The Hong Kong Trade Development Council (HKTDC) joined hands with the Hong Kong Science and Technology Parks Corporation (HKSTP) to stage two pavilions featuring 22 exhibitors showcasing the latest applications and solutions in AI and robotics, IoT and greentech. The HKTDC also helped organise pitching sessions and a networking dinner to help Hong Kong’s I&T enterprises establish local business connections.During the exhibition, exhibitor Robocore Technology Limited was in discussion with a multinational outdoor advertising company that was actively considering purchasing Robocore’s advertising robots for global use. Roy Lam, CEO of Robocore Technology, said: “GITEX marks our fourth overseas exhibition this year with the Hong Kong Trade Development Council, following CES in Las Vegas, USA, the Mobile World Congress (MWC) in Barcelona, Spain, and Viva Technology (VivaTech) in Paris, France. We established connections with more than 250 Middle Eastern companies over the five-day exhibition in GITEX. Many buyers expressed interest in purchasing our robots or becoming local distributors. We are also delighted to have met with the authorities from Oman again at GITEX and confirmed that we are signing a Memorandum of Understanding (MoU) in Hong Kong this Thursday, aimed at co-establishing an AI and Robotics Center in Oman, advancing localised talent training and certification, and implementing cross-departmental pilot projects.” He is very pleased to see the strong demand for Hong Kong's I&T products and services in the Middle East market and will continue to actively expand into the region.To help Hong Kong exhibitors establish a stronger network with the Middle East and international markets, the HKTDC hosted a networking dinner on 14 October together with the Hong Kong Economic and Trade Office (ETO) in Dubai. Around 100 industry representatives attended from Hong Kong, the local region and beyond. Hong Kong exhibitors were able to connect with local counterparts to explore business opportunities. Winnie Leung, founder of exhibitor WYNI Technology, shared after the dinner: “The HKTDC has bridged the gap between Hong Kong’s I&T enterprises and the Middle East market by helping us to establish contacts locally to understand the diverse opportunities and challenges in the Middle East market, and by connecting us with local banks and companies to advance business expansion efforts in the region.” Moving forward, WYNI Technology will follow up further to solidify potential partnerships and continue expanding in the Middle East market.Another exhibitor, Canpanion Group Limited, engaged with a local education company during the networking dinner. Both parties are exploring ways to integrate Canpanion’s technology into inclusive education. They also established contact with relevant local authorities and will further explore collaboration opportunities through the help of the ETO in Dubai. Additionally, another local educational institution expressed interest in partnering with them and the government to establish an AI school, thereby fostering an ecosystem for smart education.Start-up and investor event Expand North Star took place from 12 to 15 October at Dubai Harbour, where HKSTP set up a Pavilion showcasing innovative solutions from its 10 park companies. The Hong Kong Polytechnic University also participated in the exhibition.The HKTDC continues to lead Hong Kong businesses in participating in major international tech exhibitions, helping local start-ups expand overseas and reinforcing Hong Kong’s position as a global innovation and technology hub. Following GITEX Global 2025, the HKTDC will once again organise the Hong Kong Tech Pavilion next year at CES in Las Vegas, USA in January, the MWC 2026 in Barcelona, Spain in March and VivaTech in Paris, France, providing an effective platform for I&T companies to showcase their cutting-edge technologies.Photo download: https://bit.ly/3WQ6eVWHong Kong I&T enterprises showcased their latest solutions at GITEX Global 2025Robocore Technology Limited established connections with over 250 Middle Eastern enterprises during the five-day exhibition, which has helped them expand into the Middle East market. The HKTDC hosted a networking dinner with the Hong Kong Economic and Trade Office in Dubai on 14 October, helping Hong Kong's I&T enterprises establish local business connections.Websites:https://exhibitors.gitex.com/gitex-global-2025/Exhibitor/ExbDetails/hong-kong-trade-development-councilMedia enquiriesFor enquiries, please contact HKTDC’s Communications & Public Affairs Department:Katy WongTel: (852) 2584 4524Email: katy.ky.wong@hktdc.orgMedia Room: http://mediaroom.hktdc.comAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the Chinese Mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

- Over 620 exhibitors from 21 countries and regions will showcase alcoholic, low-alcohol and non-alcoholic beverages including beer, brandy, Chinese baijiu, Japanese sake, whisky, wine, and vodka,- Inaugural “World of Spirits” zone features spirits from 13 countries and regions, helping international brands go global and tap into new markets, leveraging the opportunities brought by the reduction in liquor duty- Homegrown brands are on the rise, and the Wine and Spirits Fair offers a platform for Hong Kong brands to showcase their creativity and strength while exploring and seizing international market expansion opportunities- The Wine and Spirits Fair continues to host blind tasting sessions led by three experts, who will select a list of their favourite wines and spiritsHONG KONG, Oct 21, 2025 - (ACN Newswire via SeaPRwire.com) – The 17th edition of the Hong Kong International Wine & Spirits Fair (the Wine & Spirits Fair), organised by the Hong Kong Trade Development Council (HKTDC), will be held on 6-8 November at the Hong Kong Convention and Exhibition Centre. The event will showcase beer, sake, spirits, wines, low- and non- alcoholic beverages to industry professionals and buyers. This year, 620 exhibitors from 21 countries and regions will participate, with a significant increase in Chinese baijiu exhibitors. The rise of homegrown brands, combined with fine wines from around the world, highlights Hong Kong’s role as a hub for the wine and spirits trade and meets the market’s demand for diverse alcoholic beverages.With a growing market demand for spirits and the HKSAR Chief Executive’s announcement in last year’s Policy Address regarding the reduction in liquor duty, Hong Kong continues to strengthen its role as an international trade platform, helping spirits brands go global.Jenny Koo, Deputy Executive Director of HKTDC, said: “The reduction of duty on high end liquor had a positive impact on the industry and encouraged diversified development in the spirits market. At this year’s Wine & Spirits Fair, there is a new World of Spirits zone where buyers and visitors can explore the rich variety of flavours of spirits from around the world. Some 20 activities will further promote the diverse development of the spirits market.”Strong exhibitor line-up with global selectionsExhibitors represent Hong Kong and various provinces and cities on the Chinese Mainland, including Fujian, Guizhou, Hubei, Sichuan, Jiangsu, Xinjiang, and Zhejiang (Zhuji) as well as Taiwan. International exhibitors include those from Argentina, Australia, Belarus, Brazil, Chile, Czechia, France, Germany, India, Ireland, Israel, Italy, Japan, Portugal, Russia, South Korea, Spain and the United States.The inaugural “World of Spirits” zone features spirits from 13 countries and regions, including Chinese baijiu, brandy, gin, rum, tequila, vodka and whisky. Chinese baijiu is a highlight, with six of the “Top 10 Chinese Baijiu Brands” participating, including Kweichow Moutai, Jiangsu Yanghe, and Wuliangye, Luzhou Laojiao, Jiannanchun, Langjiu from Sichuan.Kweichow Moutai will showcase its iconic “Flying Fairy” Moutai and the award-winning “Golden Prince” Moutai Prince, which was recognised as a "2024 Annual Golden Case” in Activity Marketing. Luzhou Laojiao, the brand inscribed in the First National Intangible Cultural Heritage List of China, will present a Luzhou Laojiao Antique Edition and Guojiao 1573, and launch a new baijiu on the first day of the Wine & Spirits Fair. Wuliangye and Yanghe demonstrate the trend of integrating innovative technologies into the baijiu industry, aiming for younger and more diverse markets, injecting new energy into the sector.Hong Kong Actor Timmy Hung’s brand Hongjiaban Maotai blends traditional brewing techniques with Hong Kong-style flavours and action movie culture, while strictly following Maotai's ancient brewing methods.Austria’s Martin & Ann Arndorfer Anina Verde, a top-tier Austrian natural wine will be featured in the Wine and Spirits Fair. Italy’s Don Carlo features a unique brewing process that takes over three years, offering a balanced structure and rich layers.Hyakusyun Junmai Daiginjo from Japan uses locally grown “Mino Nishiki” sake rice cultivated through natural farming methods and is unfiltered, preserving its original flavour, aroma, richness, and natural effervescence.With rising demand for low-alcohol beverages, Punch Club OÜ, an Estonian craft cocktail brand, specialises in organic, low-sugar, ready-to-drink cocktails for health-conscious consumers.The Wine & Spirits Fair also features the “Friends of Wine” zone, which showcases gourmet foods designed to complement alcoholic beverages.Spirits-related activities help the industry seize new opportunitiesTo help the spirits industry seize new opportunities in the market, nearly half of this year’s activities are spirits-related, including the 2025 China Baijiu Culture International Promotion Asia Forum, co-hosted by the China Alcoholic Drinks Association and the HKTDC on 6 November. 2025 Hong Kong International Spirits Challenge Awards Ceremony on 7 November, organised by the Hong Kong General Chamber of Wine & Spirits, will honour outstanding Chinese baijiu brands. Tomy Fong, Experienced Chinese Baijiu Connoisseur, will present “Baijiu – The Rising Trend” on the same day to explore the current trends of Chinese Baijiu. Baijiu 101 Class on the last day of the Wine & Spirits Fair, organised by VTC, will also allow the public to experience baijiu culture and tasting methods, and learn about its 12 aroma types.Three Masters of Wine will host several major events: Debra Meiburg will lead the Cathay Global Wine & Spirits Awards Asia Presentation Ceremony, Wine Industry Conference: AI in Wine Business, and Austrian Wine and Local Sauce Pairing Workshop. Jennifer Docherty will share insights in a seminar titled Off the beaten path, gems from unsung regions. Xing Wei will host Tasting Chinese Terroir Wines, and join Carlito Chiu, an award-winning sommelier, along with Calvin Choi, a certified sommelier, in the blind tasting event. They will select their favourite wines and spirits as reference for industry buyers, to be announced on the first of the Fair.Other competitions and food pairing events including HK Best Spirits Awards 2025, Hong Kong International Mixology Showdown 2025 and Mixology Party. Several exciting pairing sessions have been added, including WINE LUXE Hong Kong TOP 10 Wine Pairing Restaurant Awards Presentation Ceremony 2025 on the second day of the Fair and Sake-Chinese Food Pairing on the final day.Public Day welcomes wine loversOn the final day, the “Wine Fiesta” Zone will be open to public ticket holders aged 18 or above to sample and buy a range of wines and spirits, while enjoying wine tasting experiences through several activities. Regular tickets are priced at HK$220, with specially priced tickets at HK$128 available from 22 October to 7 November via CTG Bus, GoByBus, HK Liquor Store, HK01, HKGO, KKDay, KLOOK, lankwaifong.com, Trip.com, Winenow, Wai Shing Wine International CO., Ltd. and Trans-Island Chinalink. Ticket buyers will receive a Lucaris crystal wine glass on a first-come, first-served basis.Photo download: http://bit.ly/3L1lqwSAt the press conference, HKTDC Deputy Executive Director Jenny Koo (centre) announced that the 16th International Wine & Spirits Fair will bring together more than 620 exhibitors from 20 countries and regions Debra Meiburg MW (left), Master of Wine, and Tomy Fong (right), Experienced Baijiu Connoisseur, also analysed industry trends at the press conferenceJenny Koo, HKTDC Deputy Executive Director (front row centre), Debra Meiburg MW, Master of Wine (front row third left), Tomy Fong, Experienced Chinese Baijiu Connoisseur (front row third right) and representatives from consulates and industry organisations attended the 17th HKTDC Hong Kong International Wine & Spirits Fair press conferenceThis year's Wine & Spirits Fair will bring exhibitors from Hong Kong and Chinese Mainland, and overseas exhibitors from around the world.The Wine & Spirits Fair showcases fine wines and spirits from around the world as well as related products and services to trade visitors and buyers, promoting Hong Kong as a regional trading hub for wine and spiritsKweichow Moutai showcases its iconic “Flying Fairy” Moutai and the award-winning “Golden Prince” Moutai PrinceHong Kong Actor Timmy Hung’s brand Hongjiaban Maotai blends traditional brewing techniques with Hong Kong-style flavours and action movie culture, while strictly following Maotai's ancient brewing methods.The champion of the Hong Kong International Mixology Showdown 2024 –HK region, Yvonne from the Hong Kong Jockey Club Clubhouse, created a signature cocktail named “Secret”.The champion of the Hong Kong International Mixology Showdown 2024 – GBA, Kenneth from the Hong Kong Jockey Club Clubhouse, created a signature cocktail named “Harmony”.WebsiteHong Kong International Wine & Spirits Fair: https://www.hktdc.com/event/hkwinefair/enMedia enquiriesPlease contact the HKTDC’s Communications & Public Affairs Department:Katy WongTel: (852) 2584 4524Email: katy.ky.wong@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the Chinese Mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

MINNEAPOLIS, MN, Oct 21, 2025 - (ACN Newswire via SeaPRwire.com) - Air T, Inc. (NASDAQ:AIRT) has entered into a Sale and Implementation Deed (SID) with the Administrators of Regional Express Holdings Limited (Administrators Appointed) and certain of its subsidiaries (Rex), which operates the leading regional airline in Australia. Air T expects to close the acquisition of Rex by year-end if creditor and other approvals are obtained.Air T has been working closely with the Administrators and the Australian Government, Rex's secured lender, to develop a solution that best serves the interests of all stakeholders. To support the implementation of the acquisition, Air T and the Commonwealth of Australia have entered into an agreement pursuant to which Rex's financing arrangements will be restructured in connection with the acquisition.The proposed acquisition contemplates a continuation and growth of Rex's regional airline business and continuing employment for its workforce.Rex plays an essential role in connecting regional Australian communities. Approximately 50% of Rex's routes are not serviced by any other airline. Air T likes the Rex Saab 340 program and will be funding Rex's engine renewal program and returning its fleet to service.Air T will work to ensure Rex will continue to operate on a sustainable basis, thereby providing critical services to regional Australians. Air T believes it was selected to acquire the company in part because of its long-term investment horizon, experience in regional aircraft, and commitment to stabilizing and growing Rex.The transaction remains subject to certain other approvals, including approval by Rex's creditors and the Federal Court of Australia.Further disclosure regarding the implementation of the transaction will be provided as the transaction progresses. Air T remains committed to transparency and will share information about the transaction during this process.About AIR T, INC.Established in 1980, Air T, Inc. is a portfolio of powerful businesses and financial assets, each of which is independent yet interrelated. Its core segments are overnight air cargo, ground support equipment, commercial aircraft, engines and parts, and digital solutions. We seek to expand, strengthen and diversify Air T's after-tax cash flow per share. Our goal is to build Air T's core businesses, and when appropriate, to expand into adjacent and other industries. We seek to activate growth and overcome challenges while delivering meaningful value for all stakeholders. For more information, visit www.airt.com. The information on our website is available for informational purposes only and is not incorporated by reference into this press release.FORWARD-LOOKING STATEMENTSCertain statements in this press release, including those contained in "Overview," are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to the Company's financial condition, results of operations, plans, objectives, future performance and business. Forward-looking statements include those preceded by, followed by or that include the words "believes", "pending", "future", "expects," "anticipates," "estimates," "depends" or similar expressions. These forward-looking statements involve risks and uncertainties. Actual results may differ materially from those contemplated by such forward-looking statements, because of, among other things, potential risks and uncertainties, such as:An inability to finance our operations through bank or other financing or through the sale of issuance of debt or equity securities;Economic and industry conditions in the Company's markets;The risk that contracts with FedEx could be terminated or adversely modified;The risk that the number of aircraft operated for FedEx will be reduced;The risk that GGS customers will defer or reduce significant orders for deicing equipment;The impact of any terrorist activities on United States soil or abroad;The Company's ability to manage its cost structure for operating expenses, or unanticipated capital requirements, and match them to shifting customer service requirements and production volume levels;The Company's ability to meet debt service covenants and to refinance existing debt obligations;The risk of injury or other damage arising from accidents involving the Company's overnight air cargo operations, equipment or parts sold and/or services provided;Market acceptance of the Company's commercial and military equipment and services;Competition from other providers of similar equipment and services;Changes in government regulation and technology;Changes in the value of marketable securities held as investments;Mild winter weather conditions reducing the demand for deicing equipment;Market acceptance and operational success of the Company's commercial jet engines and parts segment or its aircraft asset management business and related aircraft capital joint venture; andDespite our current indebtedness levels, we and our subsidiaries may still be able to incur substantially more debt, which could further exacerbate the risks associated with our substantial leverage.A forward-looking statement is neither a prediction nor a guarantee of future events or circumstances, and those future events or circumstances may not occur. We are under no obligation, and we expressly disclaim any obligation, to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise.CONTACTTracy KennedyChief Financial Officer704-264-5102SOURCE: Air T, Inc. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

BANDUNG, INDONESIA, Oct 21, 2025 - (ACN Newswire via SeaPRwire.com) - Through PT Bio Farma (Persero), Indonesia has played a strategic and sustained role in the Developing Countries Vaccine Manufacturers' Network (DCVMN), working to ensure equitable access to safe, high-quality, and affordable vaccines. Since DCVMN's founding in 2000, Bio Farma has been a key driver in advancing vaccine self-reliance and public health capacity in developing countries.Collaboration between Bio Farma and DCVMN has been established since the inception of the network. At the first DCVMN Annual General Meeting in Noordwijk in 2000, Bio Farma was one of ten founding members dedicated to advancing vaccine collaboration. In April 2001, Bio Farma in Bandung hosted the 2nd AGM, where the network formalized the DCVMN's structure and governance. Chaired by then-President Director Thamrin Poeloengan, this meeting established Indonesia as a hub for vaccine collaboration and knowledge-sharing among developing countries.Shadiq Akasya, current President Director of Bio Farma, stated that the company's participation in DCVMN reflects Indonesia's commitment to contributing to global health beyond national interests."Bio Farma's involvement in DCVMN since its establishment is not merely about representation, but about making a tangible contribution toward global vaccine self-reliance. Through collaboration and innovation, we are committed to delivering equitable and sustainable health solutions for all," said Shadiq."We believe that the true strength of the developing countries' vaccine industry lies in collaboration. Through our active role in DCVMN, we aim to ensure that every nation has access to safe, high-quality, and affordable vaccines, a real manifestation of Indonesia's contribution to global health security," he added.In 2004, Bio Farma, together with other DCVMN members, played a vital role in expanding access to the pentavalent (DPT-HepB-Hib) vaccine through a technology-transfer collaboration with the Netherlands Vaccine Institute. This achievement demonstrated that Bio Farma's contributions within the DCVMN network are not symbolic but deeply technical and practical.Global trust in Bio Farma has continued to grow. In 2012, Indonesia once again hosted the 13th DCVMN AGM in Bali. Mahendra Suhardono, one of Bio Farma's directors at the time, was elected President of the Executive Committee for the 2013 - 2014 term.Indonesia's leadership was further recognized when Bio Farma was entrusted to serve as Chair of the Board of DCVMN for the 2023-2025 period, acting as a bridge between network members and global strategic priorities, while showcasing Indonesia's capacity to lead the vaccine industry in developing countries.Bio Farma's commitment to innovation goes far beyond collaboration. In 2020, its nOPV2 vaccine became the first to receive an Emergency Use Listing from the World Health Organization, enabling faster deployment of vaccines during global health emergencies. This achievement reflected not only Bio Farma's scientific and technical excellence but also effective coordination and communication among multiple international stakeholders, including funders, scientists, academic researchers, policymakers, global vaccine advocates, and vaccine manufacturers. Such collaboration enabled the rapid development, approval, and rollout of nOPV2 during a critical moment for global public health.This milestone demonstrated that a developing-country manufacturer can achieve world-class innovation, meeting the highest international standards of safety, quality, and efficacy recognized by the WHO. Beyond being a scientific breakthrough, nOPV2 represents technological self-reliance and global confidence in Indonesia's capability to contribute meaningfully to international health security. Bio Farma's success serves as an inspiration to all DCVMN members to continue strengthening their research, development, and production capacity in pursuit of achieving vaccine self-sufficiency and global health resilience across developing countries.With a production capacity of more than 3.5 billion doses per year, Bio Farma supplies vaccines to over 150 countries and holds WHO Prequalification certification for 12 types of vaccines. As the Center of Excellence for the Organization of Islamic Cooperation (OIC) in vaccine development, production, and distribution, Bio Farma continues to strengthen Indonesia's strategic role in the global health landscape.The upcoming 26th DCVMN Annual General Meeting, to be held in Bali on 29–31 October 2025, marks an important moment for Indonesia to reaffirm its leadership in global health diplomacy. Through this forum, Bio Farma is committed to advancing innovation, collaboration, and vaccine self-reliance worldwide, toward a more resilient and equitable global health ecosystem.About DCVMNThe Developing Countries Vaccine Manufacturers Network (DCVMN) is a global alliance of 46 vaccine manufacturers from 17 developing countries, established in 2000 to strengthen public health through equitable access to high-quality vaccines.DCVMN promotes collaboration among its members through advocacy, capacity building, professional training, and joint research initiatives, aimed at enhancing global immunization programs.Working closely with international organizations such as WHO, UNICEF, GAVI, CEPI, PATH, CHAI, and the Gates Foundation, DCVMN strives to ensure that every nation has the capability to produce and supply affordable, life-saving vaccines. For further information, please visit www.dcvmn.org.About Bio FarmaPT Bio Farma (Persero) is Indonesia's state-owned life science company and the largest vaccine manufacturer in Southeast Asia.Founded in 1890 and headquartered in Bandung, Bio Farma produces and supplies vaccines to more than 150 countries, while playing an active role in biotechnology research, innovation, and global health security.As a member of DCVMN, Bio Farma continues to contribute to international collaboration to ensure equitable vaccine access and improved global public health. For further information, please visit www.biofarma.co.id.Contact UsPT Bio Farma (Persero)Corporate CommunicationJl. Pasteur No.28 Bandung,Jawa Barat Indonesia 40161Website: www.biofarma.co.idEmail: corcom@biofarma.co.id DCVMNRoute de Crassier, 7CH-1262 Nyon, SwitzerlandWebsite: www.dcvmn.org Email: info@dcvmn.net Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com