DUBAI, May 2025 — In a bold move to reshape the digital economy, Meta Earth has unveiled its vision for ME Network, a modular public blockchain infrastructure designed to support scalable Web3 applications and enable a self-sustaining, decentralized global Unconditional Basic Income (UBI) system. As automation and artificial intelligence disrupt traditional labor markets worldwide, Meta Earth offers a blueprint for a more equitable digital future.
The founder of Meta Earth, Patrick Oerer, brings over two decades of experience in global finance, having served at UBS and as European Managing Director at Boston-based BMFN. Now, Oerer is applying his financial expertise to blockchain to tackle one of the 21st century’s most pressing challenges: wealth inequality. “Technology should not widen the gap between rich and poor,” he said. “We’re building ME Network to create a decentralized, inclusive economic system where every user can participate and benefit.”
Modular Blockchain for a Scalable Future
At the heart of Meta Earth’s strategy is ME Network, a next-generation modular blockchain that separates core functions—such as consensus, execution, data availability, and settlement—into independent modules. This design dramatically increases scalability, security, and flexibility, allowing the network to handle high transaction volumes while maintaining low gas fees.
Key features of ME Network include:
High Throughput: Optimized consensus mechanisms and parallel processing enable high transactions-per-second (TPS), supporting large-scale decentralized applications.
Low Gas Fees: Efficient resource allocation reduces the cost of transactions, promoting mass adoption and financial accessibility.
Cross-Chain Interoperability: ME Network is compatible with major blockchain ecosystems, ensuring smooth integration and liquidity across platforms.
These capabilities make ME Network a robust foundation for real-world Web3 applications across finance, entertainment, commerce, and social networking.
Empowering Users Through ME ID and Blockchain-Based UBI
A major innovation within Meta Earth’s ecosystem is ME ID, a decentralized digital identity system built using advanced cryptographic technologies such as Fully Homomorphic Encryption (FHE) and Zero-Knowledge Proofs (ZKPs). Through the ME Pass app, users undergo a one-time KYC process to receive a tamper-proof, privacy-preserving identity.
This digital ID unlocks access to Meta Earth’s blockchain-based UBI model, where each verified user receives a permanently staked MEC token. This token, while non-transferable, generates daily yield—a sustainable form of “on-chain permanent basic income” that doesn’t rely on government subsidies or philanthropic funding.
The MEC token supply is capped at 20 billion units, with 50% locked permanently and the remaining 50% gradually released via staking rewards, halving annually. Users also earn additional rewards by contributing to the ecosystem, aligning individual participation with network growth.
Building a Self-Sustaining Digital Economy
Unlike traditional UBI initiatives that face scalability and funding limitations, Meta Earth’s model is designed for long-term viability. By combining a high-performance blockchain infrastructure with a verified identity system and a utility-based token economy, Meta Earth enables a self-reinforcing economic loop: users engage with applications, earn rewards, and reinvest in the ecosystem.
This vision extends beyond token distribution. Meta Earth is laying the groundwork for a functional, equitable digital economy where decentralized finance (DeFi), social platforms, e-commerce, and even virtual worlds are interconnected through ME Network.
“We are not just building a blockchain—we are creating a fairer future,” said Oerer. “ME Network represents a leap forward in digital infrastructure, but more importantly, it represents a shift in mindset: from centralized control to user empowerment, from extraction to inclusion.”
The Road Ahead
As Web3 evolves, Meta Earth stands at the frontier of technological and economic transformation. Its modular blockchain infrastructure and decentralized identity system offer a promising pathway to address both technological scalability and global income disparity.
Meta Earth’s decentralized UBI initiative is not merely a theoretical concept—it is an operational system with real-world potential. Over the coming months, the team will continue rolling out the ME Network framework, onboarding users, developers, and global partners who share the vision of a borderless, self-sustaining digital economy.
For more information about Meta Earth and ME Network, visit: mec.me
- The 5th Asia Summit on Global Health launches new Silver Health Chapter, focusing on innovations in anti-ageing and enhancing healthcare for the elderly.- The 16th Hong Kong International Medical and Healthcare Fair serves as a comprehensive platform to foster global collaborations, attracting some 300 exhibitors to showcase cutting-edge medical technologies, gerontechnology and green solutions.HONG KONG, May 15, 2025 - (ACN Newswire via SeaPRwire.com) – The fourth International Healthcare Week (IHW), coordinated by the Hong Kong Trade Development Council (HKTDC), will take place from 26 May to 15 June. The IHW’s flagship events, the Asia Summit on Global Health (ASGH), jointly organised by the HKSAR Government and HKTDC, will be held at the Hong Kong Convention and Exhibition Centre (HKCEC) on 26 and 27 May while the Hong Kong International Medical and Healthcare Fair (Medical Fair), organised by the HKTDC and co-organised by the Hong Kong Medical and Healthcare Device Industries Association (HKMHDIA), will run concurrently from 26 to 28 May, highlighting Hong Kong’s position as a leading regional healthcare hub.Margaret Fong, Executive Director of the HKTDC, said: “As a global hub for medical innovation, Hong Kong serves as both a ‘super-connector’ and a ‘super value-adder’, driving regional collaboration to advance healthcare innovation and foster new quality productivity in biopharmaceutical technologies. At the same time, there are pressing global public health challenges, such as an ageing population and the rising prevalence of chronic diseases, which are intensifying healthcare demand. To address these challenges, the industry is actively embracing innovative technologies to upgrade and transform the healthcare sector. This year’s ASGH introduces a dedicated Silver Health Chapter, with both ASGH and the Medical Fair highlighting healthy ageing and elderly health innovations. The HKTDC will continue to serve as a platform for cross-sector collaboration supporting industry-academia-research partnership in fields including biotechnology, digital healthcare, and smart elderly wellness. We look forward to bringing together local and global experts, investors, enterprises, and institutions through ASGH and Medical Fair, injecting new vitality into the Asian healthcare industry and shaping the future of the medical sector.”Global expertise shapes the future of healthcareThemed Fostering Global Collaboration for a Shared Future, the 5th ASGH reaffirms Hong Kong’s pivotal role as a leading MedTech hub in the region. Through diverse elements such as the ASGH Business Hub, ASGH connects global healthcare innovators, investors, and project owners on a single platform, acting as a catalyst for potential partnerships. Government officials and organisations, research pioneers, investors, and business leaders from the global healthcare sector will also share insights on industry trends and explore collaboration opportunities among Hong Kong, Mainland China, and global enterprises in healthcare investment and innovation.Dr Peter K N Lam, Chairman of the HKTDC, will deliver welcome remarks, while John Lee, Chief Executive of the HKSAR will give opening remarks, and Prof Cao Xuetao, Vice-Minister of the National Health Commission of the People’s Republic of China, will give special remarks on the first day of ASGH.The first session of the ASGH Plenary Sessions will commence on the opening day and focus on building a more equitable and sustainable healthcare system and explore how innovative policymaking and strengthened international collaboration can foster healthcare systems that are both resilient and inclusive to address emerging global health challenges. Prof Lo Chung-mau, HKSAR Government’s Secretary for Health, will deliver the special remarks and will be joined by an esteemed panel of speakers, including Prof Tsui Lap-chee, Chairman of the University of Hong Kong Foundation for Educational Development and Research; Prof Nancy Ip, President of the Hong Kong University of Science and Technology; Mr Frédéric Rimattei, Special Envoy for International Affairs of the President of French University Hospitals National Association; Dr Wu Xiaobin, Vice President of China Pharmaceutical Innovation and Research Development Association; and Mr Martin Taylor, Representative to China of World Health Organisation.At the second plenary, speakers will examine how global stakeholders can collaborate to navigate the current economic and healthcare innovation landscape while identifying new investment and market opportunities in the health sector. The session will be chaired by Mr Victor Chu, Chairman & CEO of First Eastern Investment Group, featuring Ambassador George Hara, Group Chairman and CEO of DEFTA Partners; Prof Ng Siew-chien, Croucher Professor in Medical Sciences and Associate Dean (Research) of Faculty of Medicine of the Chinese University of Hong Kong; Dr Hiroaki Ueno, Representative Director of Mitsubishi Tanabe Pharma Corporation and Dr Prem Kumar Nair, Group Chief Executive Officer of IHH Healthcare Berhad.During the Dialogue with Global Pioneer in Health session, Prof John Hardy, Chair of Molecular Biology of Neurological Disease of UCL Queen Square Institute of Neurology, will share his insights on his groundbreaking work on emerging therapeutic approaches to neurodegenerative diseases. Prof Hardy was awarded the Breakthrough Prize and received the Brain Prize for "groundbreaking research on the basis of Alzheimer's disease”.Inaugural Silver Health Chapter: Navigating ageing's challenges & opportunitiesAmidst the global demographic shift toward ageing populations, this year's ASGH proudly inaugurates a dedicated "Silver Health Chapter" aimed at critically examining the multifaceted challenges and transformative opportunities presented by ageing societies. On the second day, a session titled Surfing the Silver Tsunami: Advancements in Geriatrics and Longevity Technology, will bring together experts including Prof Jean Woo, Director of CUHK Jockey Club Institute of Ageing of the Chinese University of Hong Kong; Dr Donald Li, Chairman of Elderly Commission; Dr Alexandra Bause, Co-Founder & Venture Partner of Apollo Health Ventures; Mr Olivier Dessajan, General Manager of China Merchants Colisée; Prof James L. Kirkland, Director of Center for Advanced Gerotherapeutics of Cedars-Sinai; and Dr Sanja Tomovska, Founder and CEO of Quant Biomarkers. This distinguished assembly will present groundbreaking developments in geroscience, while critically evaluating emerging investment paradigms within the global longevity economy.On the same day, global industry leaders will convene for a dedicated session titled The Next Wave of Innovations in Neuroscience, examining cutting-edge advancements and emerging trends in neurological science, including novel therapeutic approaches for Parkinson's disease and related disorders. Concurrently, the InnoHealth Showcase will feature healthcare investment projects specifically designed to address the needs of ageing populations, presenting data-driven approaches to mitigate the challenges of demographic ageing.During ASGH, Ms Anita Ou, Managing Director and Head of Enterprise Banking of HSBC; Dr Kenneth Tsang, Regional Chief Executive Officer of IHH Healthcare North Asia and Chief Executive Officer of Gleneagles Hospital Hong Kong; Prof Zhang Weixiong, Associate Director of Academy for Interdisciplinary Research (PAIR) of The Hong Kong Polytechnic University; Dr Sarah Salvilla, Group Chief Health Officer of FWD Group, will share their insights on achieving "Healthy China 2030," the high quality development of the healthcare industry, data-driven healthcare, and new collaborative models for the healthcare sector. ASGH will also address trending topics in the healthcare industry, including the prospects of gene and cell therapies, women's health, the convergence of Chinese and Western medicine, cancer treatment, orphan drugs, and rare diseases.ASGH, in collaboration with the Hong Kong University of Science and Technology, will host two sessions under the overarching theme “Shaping the Future of Healthcare”. These sessions will focus on the potential of artificial intelligence in the medical field and how innovative technologies can drive breakthroughs in healthcare. Featured speakers include Dr Alex Ng, President of Tencent Healthcare; Prof Graham Cooke, Vice-Dean (Research) of the Faculty of Medicine of Imperial College London; Prof Chen Hao and Prof Bonnie Zhu, Assistant Professors of the Hong Kong University of Science and Technology.ASGH deal-making bridges investors and project ownersThe ASGH deal-making facilitates one-on-one meetings both online and offline, aiming to connect investors and projects in the healthcare sector from around the world to promote global collaborations. Participating investors represent a diverse range of backgrounds, including angel investors, venture capital, corporate venture capital, private equity, family offices and more. Investment interests span pharmaceuticals, medical devices and diagnostics, AI and digital health, and community health and wellness.The ASGH Business Hub features more than 170 innovative technology companies from 13 countries and regions, including dedicated pavilions from the mainland (Shanghai and Xiamen), Australia, and Thailand. The InnoHealth Showcase area highlights more than 70 healthcare start-ups and projects, many of which have received awards, and is led by the Innovation and Technology Commission in collaboration with six local universities and Cyberport.Medical Fair facilitates industry collaborationThemed as the Innovations Boosting Smart Health Experience, the 16th Medical Fair will be held from 26 to 28 May, and welcomes some 300 exhibitors from 13 countries and regions. In addition to pavilions and exhibitors from Hong Kong, Mainland China, Taiwan, Japan, Korea and Hungary, there are also pavilions from Israel, Thailand, and the United Kingdom participating for the first time, along with debut exhibitors from Germany, Italy, Luxembourg and Singapore..The Medical Fair serves as an excellent platform for professionals worldwide, encompassing research and development institutions, manufacturers, public healthcare organisations, hospitals, clinics, distributors, and healthcare practitioners. This event facilitates the establishment of global business connections and provides valuable insights into the latest trends in the healthcare industry. The exhibition features the HKMHDIA Pavilion, as well as Biotechnology, Hospital Equipment, Rehabilitation and Elderly Care Products, and Startup zones.This year's Medical Fair highlights three major areas: cutting-edge medical technologies, gerontechnology, and green solutions, featuring the latest medical health devices, products, and applications, with a particular emphasis on medical diagnostics, innovations in smart hospitals, and digital health solutions.One exhibitor will showcase a solution that uses advanced computer vision and artificial intelligence to analyse data from patients with facial paralysis and swallowing difficulties. By matching patients with the most suitable rehabilitation programmes from a database of more than 400 training exercises, the solution provides therapists personalised treatment suggestions to refine and adopt. Another exhibitor introduces medical-grade digital therapy solutions for cognitive impairments, leveraging AI to assess patient conditions and deliver customised rehabilitation programs. Further innovations include a handheld medical device for cervical examinations, which analyses cervical tissue to aid in the detection and prevention of preterm births.The Hong Kong Council of Social Service will make its inaugural participation at the Medical Fair, presenting age-friendly technologies and products including rehabilitation and mobility aids, cognitive impairment support systems, and smart home innovations. Additionally, other exhibitors will showcase sustainable products, such as eco-conscious eating bibs crafted from recycled plastic bottles and biodegradable medical trays.The Medical Fair features a strong line-up of leading research and academic institutions, including seven local universities, over 30 innovative technology companies at the Hong Kong Science and Technology Parks Corporation (HKSTP) pavilion, and more than 20 medical enterprises brought by the Hong Kong Medical and Healthcare Device Industries Association (HKMHDIA). The event will actively promote innovation and collaboration across government, industry, academia, research and investment sectors.Multiple activities will be held during the Medical Fair to help industry professionals expand their knowledge of the latest market information. The HKMHDIA Medical Fair Forum themed “The MedTech Nexus of the Greater Bay Area” features industry experts sharing their insights on topics such as intellectual property protection strategies for biomedical innovation, cross-border financial solutions for medical enterprises, the development of cross-border health data, and successful experiences in promoting medical technology in the Greater Bay Area. “The Latest Development of Regulatory Collaboration on Medical Devices in the Greater Bay Area” seminar will bring together representatives from the Greater Bay Area Center for Medical Device Evaluation and Inspection of the National Medical Products Administration, the Department of Health, and industry leaders to discuss the latest developments, administrative systems, and regulations.Using the HKTDC EXHIBITION+ hybrid model, the physical fair from 26 to 28 May is complemented by the Click2Match smart business matching platform, via which buyers can extend their sourcing journey from 19 May to 4 June.Aside from ASGH and the Medical Fair, IHW also features the Hospital Authority Convention, among many other industry events.Asia Summit on Global HealthDate26-27 May 2025 (Monday to Tuesday)TimeThe Opening Session will begin at 10:00 am on 26 MayVenueHong Kong Convention and Exhibition Centre (HKCEC) Hall 5FGHong Kong International Medical and Healthcare FairDate26-28 May 2025 (Monday to Wednesday)VenueHong Kong Convention and Exhibition Centre (HKCEC) Hall 3FGPhoto download: https://bit.ly/3F1aoFpThe Asia Summit on Global Health held last year was a great successProf John Hardy, Chair of Molecular Biology of Neurological Disease of UCL Queen Square Institute of Neurology, is one of the featured keynote speakers at the Asia Summit on Global HealthThe ASGH Business Hub features more than 170 innovative technology companies, including more than 70 healthcare start-ups and projects led by the Innovation and Technology Commission, Cyberport, and six local universities, many of which have received awardsThis year’s Hong Kong International Medical and Healthcare Fair has attracted some 300 exhibitors from 13 countries and regions. The Medical Fair marks the debut participation of exhibitors from Singapore, Germany, Italy and Luxembourg, as well as debut pavilions from Israel, Thailand, and the United Kingdom. The picture shows the bustling scene from the Fair last yearThis year’s Medical Fair features the HKMHDIA Pavilion, as well as Biotechnology, Hospital Equipment, Rehabilitation and Elderly Care Products, and Startup zonesWebsitesInternational Healthcare Week: https://internationalhealthcareweek.hktdc.com/enAsia Summit On Global Health: https://www.asiasummitglobalhealth.com/conference/asgh/enProgramme: https://www.asiasummitglobalhealth.com/conference/asgh/en/programmeSpeakers: https://www.asiasummitglobalhealth.com/conference/asgh/en/speakerHong Kong International Medical and Healthcare Fair:https://www.hktdc.com/event/hkmedicalfair/enList of products: https://www.hktdc.com/event/hkmedicalfair/en/productActivity schedule: https://www.hktdc.com/event/hkmedicalfair/en/intelligence-hubMembers of the media interested in interviewing ASGH speakers, please send requests to tleung@yuantung.com.hk on or before 20 May 2025Media enquiriesFor enquiries, please contact Yuan Tung Financial Relations Limited:Louise SongTel: (852) 3428 5691Email: lsong@yuantung.com.hkTiffany LeungTel: (852) 3428 2361Email: tleung@yuantung.com.hkHKTDC’s Communications & Public Affairs Department:Asia Summit on Global HealthSharon HaTel: (852) 2584 4575Email: sharon.mt.ha@hktdc.orgKaty WongTel: (852) 2584 4524Email: katy.ky.wong@hktdc.orgJane CheungTel: (852) 2584 4137Email: jane.mh.cheung@hktdc.orgHong Kong International Medical and Healthcare FairKelly ShekTel: (852) 2584 4537Email: kelly.yt.shek@hktdc.orgClayton LauwTel: (852) 2584 4472Email: clayton.y.lauw@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 Mainland China, 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 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.
TOKYO, May 15, 2025 - (JCN Newswire via SeaPRwire.com) - Honda R&D Co., Ltd., a Honda subsidiary specializing in research and development, and Quemix Inc., a group company of TerraSky Co., Ltd. specializing in the research and development of quantum computer algorithms and software, have jointly developed a new, world’s first quantum state readout technology.As part of its initiatives toward the realization of carbon neutrality for all of its products and corporate activities by 2050, Honda has been conducting research on various energy components, which requires analysis of various materials. Performing computations necessary for material analysis on classical (binary) computers requires vast computational resources, therefore Honda has been exploring the possibility of using quantum computers which enable high-speed computations. However, one of the major challenges in performing computations on a quantum computer is that the quantum state tends to collapse during the readout process, which increases the number of readouts and consequently the time required for computations.In an effort to address this challenge, Honda R&D and Quemix have successfully developed a new quantum state readout technology that only “scans” information (features) such as the intensity and shape, which characterizes the classical data from the X-ray absorption fine structure (XAFS) spectral data stored in the quantum computer as quantum state. This new technology eliminates the need to perform a direct “readout” of the quantum state itself and thereby enables high-speed and efficient quantum state readouts, opening the door to a wide range of applications in the field of quantum computer-based simulation.Moreover, Honda R&D and Quemix have achieved a successful XAFS computation using an actual quantum computer. This is the world’s first* case where practical computation for materials development was successfully performed on logical qubits using an actual quantum computer. The two companies realized this XAFS computation on an actual quantum computer by performing the computation by combining quantum and classical computers and leveraging their respective characteristics.The construction of a XAFS computation algorithm and development of techniques for reducing the number of required logical qubits and gate operation counts toward the use of an actual quantum computer will enable not only the development of quantum algorithms, but also the accumulation of practical know-how for the use of quantum computers in the future and the development of technologies for bit and gate operation reduction. It is expected that future advancement of hardware and an increase in the number of logical qubits will enable the application of quantum computing to solve more complex problems.Honda R&D and Quemix are planning to present the achievements and more details related to this new technology at the Q2B 2025 Tokyo, an international conference in the field of quantum technology.Through the utilization of quantum computers and XAFS in its research and development, Honda is aiming to build a technological foundation for the future research and exploration of energy materials that contribute to the enhancement of performance, longevity and other features of battery materials. Honda is taking on various challenges with a multifaceted approach that includes, but is not limited to, the electrification of mobility products, working toward its goal to realize carbon neutrality by 2050.About the Q2B 2025 TokyoVenue: Grand Hyatt Tokyo (6-10-3 Roppongi, Minato-ku, Tokyo, 106-0032, Japan)Dates: May 15 - 16, 2025Official website: https://q2b.qcware.com/conference/2025-tokyo*As of May 13, 2025, based on Honda internal survey of publicly available research papers. Copyright 2025 JCN Newswire via SeaPRwire.com.
TOKYO, May 15, 2025 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Electric Building Solutions Corporation (MEBS, Head Office: Chiyoda-Ku, Tokyo; President: Iwao Oda) today announced that it has developed of a new projection-type lantern for use in elevator halls for overseas markets, and that this product will be launched on May 20, 2025.Combining industry-first innovation with a simple, minimalist design that emphasizes functionality while blending in with the existing architecture, the new hall lantern will meet a variety of customer needs and contribute to increasing the value of buildings.Main Features1) Featuring a new projection method that realizes more flexible use of architectural space- The new hall lantern adopts a new method of projecting light symbols from a compact body to indicate the direction of elevator travel. This cutting-edge idea enables greater flexibility in the use of architectural space. 2) Designed to Reduce the Construction Burden and Contribute to Sustainability- Compared to conventional wall-embedded hall lanterns, the amount of wall space taken up by the new wall lantern is minimized and the impact on the wall is reduced. In addition, the new hall lantern is 90% lighter than a conventional product, which contributes to sustainability through improved manufacturing and transportation efficiency*2.3) Contributing to increasing the value of buildings with design variations that meet diverse needs- Projector case covers are available in a wide variety of colors, materials, and finishes. Projection signs can also be customized to meet customer needs*3 and harmonize with various architectural styles and interiors.Development BackgroundElevators, which play an important role in the architecture of buildings, are increasingly required to incorporate innovative designs and functions that blend in with the architectural space, in addition to facilitating ease of installation and minimizing their environmental impact. In overseas elevator markets as well, there are diverse needs in terms of flexible optimization of specifications to match the architecture, new user experiences, and reduced installation work, while keeping costs down.To help meet these needs, MEBS has developed a new projection-type hall lantern. As the industry's first elevator direction display that makes use of projection, it delivers a novel and advanced user experience. Moreover, its compact case cover and customizable design ensure compatibility with a wide variety of architectural styles.In addition to being advanced and sophisticated, the lightweight and compact design also saves on installation work. Compared to conventional wall-embedded hall lanterns, it reduces the impact on the building wall by minimizing the need to drill holes, while also shortening the installation time. What’s more, it contributes to a reduced environmental impact by improving manufacturing and transportation efficiency.Product DetailsSales AreasApplicable ModelsSizePriceAll overseas regionsAll elevator models manufactured by MEBSWidth 90 mm / Depth 85 mm / Height 40 mmBy quote *1 *2 According to MEBS’s own research, as of April 2025*3 Customization of the casing cover type and signature characters is available as an option or through special orders.About Mitsubishi Electric Building Solutions CorporationMitsubishi Electric Building Solutions Corporation is a consolidated subsidiary of Mitsubishi Electric Corporation established in April 2022 that conducts a comprehensive range of operations in the building systems business, from development and manufacturing to maintenance and renewal. As a building solutions provider, we support the economic and social infrastructure through one-stop integrated solutions that combine a wide range of building-related products and services, including elevators, escalators, air conditioning and refrigeration equipment, and building systems, as well as with our extensive experience in building operation and management, and advanced digital technology. From buildings to building complexes and even entire cities, we contribute to enriching human life in buildings and urban spaces by solving a wide variety of issues that are closely linked to people and society, with the ultimate aim of realizing smart cities. For more information, please visit www.mebs.com/ Customer Inquiries Corporate Planning Department, Global Business GroupMitsubishi Electric Building Solutions Corporationbod.inquiry@rk.MitsubishiElectric.co.jp Media InquiriesCorporate Communication DivisionMitsubishi Electric Building Solutions Corporationa_mebs_press@meltec.co.jp Press Release: https://www.acnnewswire.com/docs/files/20250515.pdf Copyright 2025 JCN Newswire via SeaPRwire.com.
-- Promoting Research and Development of CO₂ Capture Technologies to Further Strengthen Competitiveness --- Demonstration of next-generation CO2 capture technologies being developed jointly with ExxonMobil- State-of-the-art R&D facility to meet diverse customer needs in addition to reductions in greenhouse gas emissionsTOKYO, May 14, 2025 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) has installed a new CO2 capture pilot plant at the Himeji No.2 power plant in Hyogo Prefecture owned by The Kansai Electric Power Co., Inc. (KEPCO), and today held a ceremony at the site to coincide with the start of operations. The pilot plant was established to conduct research and development for CO2capture technologies using flue gas from gas turbines at the power plants. The plant has a capture capacity of approximately five tons per day, and through demonstration of innovative CO2 capture technologies for the next generation, will strengthen the competitiveness of the carbon dioxide capture, utilization and storage (CCUS) business.MHI has been researching and developing innovative CO2 capture technologies in collaboration with KEPCO since 1990. The operation of this new plant will strengthen that R&D structure, and enable demonstration tests using state-of-the-art equipment. As a result, MHI will be able to respond more precisely to the diverse needs of customers in addition to reducing greenhouse gas emissions, such as countermeasure for environmental pollutions.In 2022, MHI announced an alliance with U.S. firm ExxonMobil, which enables the companies to offer an end-to-end carbon capture and storage solution.The next-generation CO2 capture technology currently being developed jointly with ExxonMobil will be demonstrated at this pilot plant, accelerating R&D for reducing environmental loads and costs. MHI will also implement the "ΣSynX Supervision" remote monitoring system, one of its ΣSynX (Sigma Synx) digital innovation brands.MHI Group has formally declared its commitment to achieving carbon neutrality by 2040 (MISSION NET ZERO), and the Company is now working strategically to decarbonize both the energy demand and supply sides. A core element of the Company's "Energy Transition," which targets decarbonization on the energy supply side, is the development of a CCUS value chain integrating diverse sources of carbon emissions with modes for carbon storage and utilization. Going forward, MHI Group will continue to proactively promote its CCUS business worldwide, applying its proprietary CO2 capture technologies, contributing as a solutions provider to reducing greenhouse gas emissions on a global scale, and developing further solutions that contribute to environmental protection.For details on the technology alliance with ExxonMobil, see the following press release: www.mhi.com/news/22113001.htmlAbout MHI Group's CO2 capture technologiesMHI Group has been developing the "KM CDR Process™" (Kansai Mitsubishi Carbon Dioxide Recovery Process) and the "Advanced KM CDR Process™" in collaboration with the Kansai Electric Power Co., Inc. since 1990. As of May 2025, the Company has delivered 18 plants adopting these processes. The "Advanced KM CDR Process™" adopts the "KS-21™" solvent, which incorporates technological improvements over the amine-based "KS-1™" and offers superior regeneration efficiency and lower deterioration than the "KS-1™", and it has been verified to provide excellent energy saving performance, reduce operation costs, and result in low amine emissions.For further information on MHI Group's CO2 capture plants: www.mhi.com/products/engineering/co2plants.htmlAbout MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2025 JCN Newswire via SeaPRwire.com.
MELBOURNE, May 14, 2025 - (ACN Newswire via SeaPRwire.com) - With geopolitical tensions, inflation uncertainty, and global capital flows still shifting in response to the Trump administration's renewed sanctions, fixed income continues to emerge as the strategic asset class for long-term investors. Quotient Capital Pty Ltd has released its 2025 mid-year outlook, showcasing how Australian fixed income is delivering security, stability, and consistent real returns in a turbulent global environment.Australian Fixed Income: A Beacon of Stability in Volatile MarketsGlobal markets have been shaken by widespread sanctions introduced by the second Trump administration, prompting turbulence across equities, commodities, and even traditional safe havens. Yet Australia's fixed income market remains a pillar of strength.The Reserve Bank of Australia (RBA) forecasts inflation to moderate toward the 2-3% target range by late 2025. Coupled with Australia's sound credit environment, strong institutional frameworks, and fiscal stability, this positions the domestic bond market as one of the most attractive globally.Key research insights from Quotient Capital include:Australian private credit grew by 14% year-on-year (2024-2025).Domestic corporate bond issuance surged 22% in Q1 2025.Liquidity across the investment-grade bond market is at its strongest in over a decade."Fixed income is no longer just a defensive allocation - it's a proactive, yield-focused wealth strategy," said Tom McCallister, Senior Fixed Income Advisor at Quotient Capital."In this cycle, investors are demanding capital protection, income certainty, and inflation resilience - and Australian bonds deliver all three."Geopolitical Shifts and Global Capital ReallocationThe global ripple effects of U.S. sanctions have disrupted cross-border capital flows and credit availability across multiple regions - driving a recalibration among asset allocators.Australia is benefitting as a preferred destination for investors seeking:Political neutralityRobust regulatory governanceHigh-grade credit assets"Private wealth, family offices, and institutions are reallocating to Australia with growing conviction," said James Harrington, Senior Fixed Income Advisor at Quotient Capital."We offer a unique mix of economic resilience and institutional-grade product access, which is proving incredibly attractive."Bringing Institutional Access to Private InvestorsQuotient Capital bridges the gap between institutional-grade opportunities and private capital - making it possible for high-net-worth individuals and SMSFs to access premium fixed income products, previously restricted to larger funds.Tailored solutions include:Infrastructure-linked debt instrumentsInflation-linked corporate bond portfoliosPrivate credit notes focused on essential service sectorsAll offerings are underpinned by detailed credit analysis, transparent structuring, and clear maturity horizons. Minimum investments typically start at $50,000 AUD.Strategic Outlook: Where the Smart Capital Is Going in 2025Continued demand for floating-rate notes (FRNs) as inflation hedgesGrowth in infrastructure and essential services-backed bondsRising private investor flows into corporate and hybrid debt marketsSMSFs and family offices driving long-term allocations toward predictable yield strategies"In today's macro climate, fixed income isn't a side allocation anymore - it's the core of the modern portfolio," McCallister adds.About Quotient CapitalQuotient Capital Pty Ltd is a privately-owned wealth advisory firm based in Melbourne, Australia. Specialising in fixed income and private market strategies, the firm empowers sophisticated investors - including SMSFs, family offices, and high-net-worth individuals - with direct access to institutional-grade opportunities backed by deep research, transparency, and personalised advisory.Office Address:Collins Square Tower 5, 727 Collins Street, Melbourne VIC 3008Phone: +61 3 9111 2441Email: info@quotient-capital.comWebsite: www.quotient-capital.comMedia ContactFor interviews, commentary, or speaker engagements on global fixed income, Australian credit markets, or private debt access:Media Enquiries: pr@quotient-capital.comPhone: +61 3 9111 2441SOURCE: Quotient Capital Pty Ltd Copyright 2025 ACN Newswire via SeaPRwire.com.
- A delegation led by Mr John Lee, Chief Executive of the Hong Kong Special Administrative Region, visited Kuwait as part of a broader high-level visit to the Middle East- The delegation explored the Middle Eastern market and supported high-quality Belt and Road cooperation while promoting Hong Kong’s unique role as a superconnector and super value-adder- A total of 59 MoUs and announcements were facilitated during the mission, cultivating deeper partnerships between Hong Kong, the mainland, Qatar, and KuwaitKuwait City, Kuwait, May 14, 2025 - (ACN Newswire via SeaPRwire.com) – A business delegation led by Mr John Lee, Chief Executive of the Hong Kong Special Administrative Region (HKSAR), and organised by the Hong Kong Trade Development Council (HKTDC) visited Kuwait City on 12-15 May, successfully concluding a five-day mission to Qatar and Kuwait.A total of 59 MoUs and announcements were facilitated during the mission with the aim to cultivate deeper partnerships and create new opportunities for synergy between Hong Kong, the mainland, Qatar, Kuwait and the broader Middle Eastern market. The mission also successfully enhanced collaboration between Hong Kong and the mainland, enabling mainland companies to partner with Hong Kong businesses to expand into the Middle East and beyond.Over the past few days, the delegation, comprising over 50 business leaders from Hong Kong and enterprise representatives from seven mainland provinces and cities, explored the Middle Eastern market and supported high-quality Belt and Road cooperation while promoting Hong Kong’s unique role as a superconnector and super value-adder.During the visit to Kuwait, 24 memoranda of understanding (MoUs) and announcements were facilitated in trade and investment promotion, finance, law, transport and logistics, innovation and technology (I&T), agriculture, education and sport.The delegation met with senior executives and key members of the Kuwait Investment Authority (KIA), conglomerate Bukhamseen Group Holding and the Kuwait Chamber of Commerce and Industry (KCCI) to discuss investment opportunities and potential collaborations.The delegation also met with several representatives from the Kuwait Direct Investment Promotion Authority (KDIPA) to gain an in-depth understanding of the operations of Kuwait’s free trade zones. The meeting explored potential cooperation opportunities in areas such as logistics, manufacturing, distribution, and technology.The delegation visited the Sheikh Abdullah Al Salem Cultural Centre to gain a comprehensive overview of Kuwaiti history, culture and achievements.To foster cooperation, the Hong Kong Economic and Trade Office (HKETO) and Hong Kong Trade Development Council (HKTDC) organised a high-level business luncheon, which was attended by some 270 business leaders and key officials.Concluding the Middle East mission, Mr Lee said the delegation, comprising Hong Kong and mainland business leaders, had achieved three key objectives: 1. To strengthen government-to-government relations; 2. To find new areas of collaboration; and 3. To make friends, and expand networks. “Over the past four days, I have observed that both Qatar and Kuwait are experiencing rapid development, supported by substantial investment and continually expanding economies. In meetings with leaders and officials, I appreciated their forward-looking vision and understanding of Hong Kong’s unparalleled advantages under ‘one country, two systems’ as a bridge between the mainland and the world. As Middle Eastern countries seek diversification of risk and look for opportunities in China and the Hong Kong SAR to join the tide of the global economic shift towards the East, Hong Kong has boundless opportunities.”He pointed out that this visit will elevate the relationship between Hong Kong and Qatar and Kuwait to a new level, bringing more business opportunities to Hong Kong, and noted, “We will continue to strive to explore new opportunities and frontiers for Hong Kong.”Dr Peter K N Lam, Chairman of the HKTDC, said: “Over the past few days, we engaged in high-level government and business meetings, hosted business luncheons and visited key development projects in Qatar and Kuwait. We explored how Qatari and Kuwaiti businesses can leverage Hong Kong's advantages in finance, innovation and technology and professional services to advance intiatives in finance, energy transformation and smart infrastructure projects, contributing to the Qatar National Vision 2030 and Kuwait Vision 2035.”“Following the visits, the HKTDC will continue to invite business leaders from the Middle East to visit Hong Kong. We welcome them participating in our international events, such as the Belt and Road Summit and Asian Financial Forum to explore opportunities in Hong Kong, Mainland China and beyond,” Dr Lam added.24 MoUs and announcements were facilitated in Kuwait by the government and the following members of the delegation:1.Invest Hong Kong and Kuwait Direct Investment Promotion Authority (KDIPA)2.Agriculture, Fisheries and Conservation Department and Marine Science Centre of Kuwait University (Announcement)3.Agriculture, Fisheries and Conservation Department and Public Authority of Agriculture Affairs and Fish Resources (Announcement)4.Hong Kong Customs and Excise Department and Kuwait General Administration of Customs (Announcement)5.Airport Authority Hong Kong (AAHK) and Kuwait Airways (Announcement)6.Belt and Road General Chamber of Commerce and Kuwait Chamber of Commerce & Industry (KCCI)7.Federation of Hong Kong Industries (FHKI) and Kuwait Chamber of Commerce & Industry (KCCI)8.Hong Kong General Chamber of Commerce (HKGCC) and Kuwait Chamber of Commerce & Industry (KCCI)9.Hong Kong Trade Development Council (HKTDC) and Kuwait Chamber of Commerce & Industry (KCCI)10.Hong Kong Trade Development Council (HKTDC) and Kuwait Direct Investment Promotion Authority (KDIPA)11.Sports Federation & Olympic Committee of Hong Kong, China and Olympic Council of Asia12.The Chinese Manufacturers’ Association of Hong Kong (CMA) and Kuwait Chamber of Commerce & Industry (KCCI)13.The Law Society of Hong Kong and Kuwait Bar Association14.Financial Services Development Council (FSDC) and Capital Market Authority in Kuwait (CMA) (non-delegate)15.City University of Hong Kong and Ministry of Higher Education16.City University of Hong Kong and Kuwait University17.Templewater and Blue Ocean Company18.Deloitte China and Baoye Hubei Construction Engineering Group Co., Ltd19.Deloitte China and PCI Technology Co., Ltd20.HSBC and PCI Technology Co., Ltd21.HSBC and Meetsocial Group22.Templewater and Shanghai Westwell Technology23.Templewater and Shanghai Fengling Renewables Co., Ltd24.Dongchao Information Technology (Shanghai) Co., Ltd and Kuwait Direct Investment Promotion Authority (KDIPA)Earlier during the mission, 35 MoUs and announcements were facilitated in Qatar:1.Federation of Hong Kong Industries (FHKI) and Qatar Chamber of Commerce & Industry (QCCI)2.Hong Kong General Chamber of Commerce (HKGCC) and Qatar Chamber of Commerce & Industry (QCCI) 3.Hong Kong Tourism Board (HKTB) and Qatar Airways4.Hong Kong Trade Development Council (HKTDC) and Invest Qatar5.Hong Kong Trade Development Council (HKTDC) and Qatari Businessmen Association (QBA)6.Hong Kong Trade Development Council (HKTDC) and Qatar Chamber of Commerce & Industry (QCCI)7.Hong Kong Trade Development Council (HKTDC) and Qatar Financial Centre (QFC) 8.The Chinese Manufacturers’ Association of Hong Kong (CMA) and Qatari Businessmen Association (QBA)9.The Hong Kong Associations of Bank and Qatar Chamber of Commerce & Industry (QCCI)10.The Law Society of Hong Kong and Qatar International Center for Conciliation and Arbitration (QICCA)11.The Law Society of Hong Kong and Qatar Lawyers Association12.Financial Services Development Council (FSDC) and Qatar Financial Centre (QFC) (non-delegate)13.Hang Seng Indexes Company Limited and Qatar Financial Centre (QFC)14.MTR Corporation Limited and Qatar National Bank15.Belt and Road General Chamber of Commerce and Luyi Industrial Park16.Hong Kong Productivity Council and Shanghai Westwell Technology17.Hong Kong Productivity Council and EHang Intelligent Equipment (Guangzhou) Co., Ltd18.Bank of China (Hong Kong) and Shanghai Westwell Technology19.Baoye Group and Luyi Industrial Park20.Deloitte China and Glodon Technology Co., Ltd21.Deloitte China and WeBank22.HSBC and PCI Technology Co., Ltd23.HSBC and Meetsocial Group 24.Standard Chartered and Fosun International25.Templewater and WeBank26.Center International Group Co., Limited and Luyi Industrial Development QFZ27.Luyi Industrial Park and Qatar Development Bank28.Goldford Group and WeBank and Klickl Technology L.L.C.29.Development Bureau and Public Works Authority ‘Ashghal’ of Qatar 30.Invest Hong Kong and Qatar Chamber of Commerce & Industry 31.Invest Hong Kong and Qatari Businessmen Association (QBA)32.Department of Justice and Ministry of Justice of the State of Qatar (Announcement)33.Hong Kong Customs and Excise Department and Qatar Customs (Announcement)34.Security Bureau (Announcement)35.Trade and Industry Department and Ministry of Commerce and Industry of the State of Qatar (Announcement on progress of IPPA’s negotiation)Photo download: https://bit.ly/4mfLVgfDr Peter K N Lam, Chairman of the Hong Kong Trade Development Council (HKTDC) addressed a business luncheon, organised by the HKETO and HKTDC to deepen economic and cultural links between Hong Kong and Kuwait. He said: “We are committed to a sustainable tomorrow, just like Kuwait. From energy efficiency and green buildings to green transport and waste reduction, our aim is to be carbon neutral by 2050.”Mr John Lee, Chief Executive of Hong Kong Special Administrative Region (HKSAR), said: “The ties between Hong Kong and the Middle East continue to grow and diversify. They include the launching of the Middle East’s first two exchange-traded funds tracking Hong Kong stocks. Hong Kong is partnering with a Middle East sovereign wealth fund, too. Together, we are committed to jointly establishing a US$1 billion fund investing in companies connected to Hong Kong and the Guangdong-Hong Kong-Macao Greater Bay Area.”Some 270 business leaders and key officials attended a business luncheon in Kuwait organised by HKETO and HKTDC, during which an exchange of MoUs and announcements took placeThe delegation visited the Sheikh Abdullah Al Salem Cultural CentreThe delegation met with several representatives from the Kuwait Direct Investment Promotion Authority (KDIPA) to gain an in-depth understanding of the operations of Kuwait’s free trade zones. The meeting explored potential cooperation opportunities in areas such as logistics, manufacturing, distribution, and technology. Dr Peter K N Lam (second right), Hong Kong Trade Development Council Chairman, expressed his delight at the business delegation’s success. He said HKTDC will continuously promote cooperation and support the Hong Kong and mainland business community in expanding into international markets.Media enquiriesHKTDC’s Communications & Public Affairs Department:Snowy ChanTel: (852) 2584 4525Email: snowy.sn.chan@hktdc.orgSam Ho Tel: (852) 2584 4569Email: sam.sy.ho@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 Mainland China, 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 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.
