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BEIJING, March 29, 2025 /PRNewswire/ -- The Boao Forum for Asia (BFA) Annual Conference 2025 opened in Boao, a small town in China's southernmost province of Hainan, on March 25.  Wisdom Without Borders: Sugarcane grows from the same stalk, and lemongrass thrives in clusters Since its establishment over two decades ago, the BFA has been committed to promoting economic cooperation and shared development in Asia and the wider world. Themed Asia in the Changing World: Towards a Shared Future, this year's conference, which concluded on March 28, focused on promoting multilateralism, fostering openness and growth, and addressing global challenges with a special emphasis on Asia's development. "Sugarcane grows from the same stalk, and lemongrass thrives in clusters." In 2022, Xi quoted this Indonesian saying twice--once in his address at the opening ceremony of the BFA Annual Conference in April and again at the First Session of the 17th Summit of the Group of 20 in Bali, Indonesia, in November. The quote underscores a fundamental truth: Only through unity can we achieve shared prosperity. The global community must recognize that division and rivalry benefit no one, and that only by pursuing solidarity and common development can we stay on the right path. Since the dawn of this century, Asia has enjoyed relative stability as well as sustained and rapid economic growth. The region has also seen accelerated economic integration, deepening cultural ties and expanding cooperation in technological innovation, as well as the robust development of digital and green economies. Meanwhile, continuous upgrades in both policies and infrastructure have strengthened connectivity across the continent. Through the collective commitment of Asian nations and their peoples, the region has solidified its position as a powerhouse of global development and an oasis of peace. The world is undergoing a pivotal transition. However, despite all the great shifts and uncertainties, Asia remains a key driver of global economic growth. As the world looks to the region for continued momentum, it is imperative that Asia does not become a battleground for great power rivalry. Instead, it should stand as a model for international cooperation. A key member of the Asian family, China has solidified its role as a pillar of the region's stability, an engine driving economic growth and a cornerstone of regional security. The world can only thrive when Asia prospers. To build Asia into a better place to live in, fully leverage its resilience, wisdom and strength, and make the continent an anchor of peace, a source for growth and a new frontier for cooperation, all Asian countries should work in tandem to address shared challenges. As we all inhabit the same planet, we should work toward a community with a shared future for humanity by championing the ideals of peace, development, cooperation and mutual benefit and by standing united against all difficulties. Asian nations should come together more closely than ever to set the stage for further growth and continue to drive the universal pursuit of peace and progress. Comments to zhangshsh@cicgamericas.com TikTokhttps://www.tiktok.com/@cachinachic/video/7486427163676265758?is_from_webapp=1&sender_device=pc&web_id=7227134149436605995 Xhttps://x.com/BeijingReview/status/1904811562936000933 Facebookhttps://www.facebook.com/share/v/1DkNTXcoF9/ YouTubehttps://youtu.be/XYrErl8wK3s Weibohttps://weibo.com/1719349955/PklgTv3kR Websitehttps://www.bjreview.com/Multimedia/Video/Wisdom_Without_Borders/202503/t20250327_800396656.html
In full year 2024, achieved ₩1,956 billion in consolidated revenue and ₩91 billion in operating profit Strong performance across all business segments, driven by user growth and engagement on the Superapp — now focused on profitable growth SEOUL, South Korea, March 28, 2025 /PRNewswire/ -- Viva Republica, the operator of financial Superapp "Toss," announced its financial results for the full year 2024, reporting record-high revenue on a consolidated basis, while also achieving first-ever annual net profit in its history. Consolidated revenue was ₩1,956 billion, up 43% year-over-year. The growth was driven by an expanding user base and its increasing engagement on the Superapp, as well as strong performance across all Consumer services, including Toss Pay, Ads, Trading, Financial Marketplace, and E-commerce. Under its Superapp strategy, Toss continues to offer competitive products across all business segments, generating strong synergy among products. Leveraging its platform-based business model, Toss was also able to rapidly accelerate the growth of its business customer count across advertisers, merchants, sellers, financial institutions, and more. Consolidated operating profit came in at ₩91 billion and net profit at ₩21 billion, marking the company's first full-year of net profitability. This was driven by increased contribution of high-margin Consumer services, as well as the operating leverage Toss has built over the years — a key characteristic it will continue to benefit from as its platform business scales. As of the end of 2024, the number of Monthly Active Users (MAU) on the Toss Superapp reached 25 million (based on WiseApp data), representing a 29% increase year-over-year. The expanding user base led to higher user engagement across all key Consumer services. On a standalone basis, Toss recorded ₩587 billion in revenue—which represents a strong year-over-year growth of 75%. It posted operating profit of ₩12 billion and net profit of ₩48 billion — achieving its first-ever full-year net profit on a standalone basis. "Our achievements this year are a result of the priority shift towards monetization of our platform business. Toss has now structurally transitioned into a stable business generating recurring profit." said SG Lee, CEO of Toss. "Well rounded growth across all business segments and expanding user base have created a two sided growth flywheel, laying the foundation for profitable growth. We've just begun our journey in driving financial growth with business customers and going forward, we will continue to focus on both growth and profitability through user-centric product innovation and platform expansion."
LUGANO, Switzerland, March 28, 2025 /PRNewswire/ -- On March 25, BE OPEN visited Thailand, as The Economist Group's signature sustainability summit returned to Bangkok for the fourth time. Sustainability Week Asia rounds off a series of global conferences - from Cape Town to New York - which bring together the world's foremost experts and industry leaders shaping the transition to a more sustainable future. Opening with keynote addresses by high-ranking officials from Thailand's Prime Minister, Ministry of Foreign Affairs and Ministry of Industry, this year's event welcomed more than 900 delegates from across Asia and beyond. It also marked BE OPEN's first time participating in this important summit to witness conversations about banks driving the ongoing green vehicle transition, providing subsidised financing options for green auto consumption; Asian manufacturers adapting to 'net zero' goals, the region's brightest architects revolutionising sustainable living, and many more. The founder of BE OPEN Elena Baturina focused on the value of the conference for the foundation: "We are happy to become part of the event that connects businesses, investors and innovators to achieve a more sustainable future. Annually for our sustainability competitions we collect hundreds of outstanding creative projects from young people all over the world, and do our best to promote them to the public and private sector. Educating and motivating young people to become leaders of sustainable change is the best way forward. That is why we keep trying to do more by offering them a platform for pitching, discussion and exchange of ideas boosting their confidence and helping them to see that they matter." Since its inception, BE OPEN has tried to identify the evolving needs of the future, offering a platform for the enterprising young leaders of tomorrow to realise their potential as they work to design, create and innovate for the betterment of the planet. As BE OPEN believes in the power of human creativity to push the boundaries, it values such opportunities to share insights and derive inspiration from the cutting-edge developments taking shape in Asia. BE OPEN is a global initiative to foster creativity and innovation, a think-tank whose mission is to promote people and ideas today to build solutions for tomorrow. It is a cultural and social initiative supported by Austria-based international philanthropist and businessperson Elena Baturina.
PHNOM PENH, Cambodia, March 28, 2025 /PRNewswire/ -- Cambodia Investment Review, in partnership with the International Business Chamber of Cambodia, has officially launched the Cambodia Leadership Review – 50 International Voices 2025. Now in its second edition, the publication highlights 50 of the most influential international business leaders and innovators contributing to Cambodia's dynamic economic landscape. Following the success of the inaugural edition in 2024, this year's Leadership Review showcases individuals who continue to drive growth, investment, and innovation across a wide range of sectors, including banking, finance, real estate, education, technology, manufacturing, and consulting. Each leader was selected for their outstanding professional contributions, leadership qualities, and efforts to enhance Cambodia's international business environment. Visionary Leadership And Industry Collaboration Remains Critical Cambodia is forecast to achieve economic growth of between 5.8% and 6.2% in 2025, driven by its young population, growing middle class, and increasing foreign direct investment. As the Kingdom pushes towards its 2030 target of achieving upper-middle-income status, the need for visionary leadership and industry collaboration remains critical. The Cambodia Leadership Review also reflects the growing importance of personal branding and influence, recognizing that today's business leaders are not only driving results within their organizations but are also shaping broader conversations around industry development and social impact. Harrison White, Editor of the Cambodia Leadership Review, commented: "This second edition continues to celebrate the diversity, expertise, and leadership of Cambodia's international business community. These 50 voices represent a snapshot of the individuals shaping the country's economic future, inspiring the next generation, and ensuring Cambodia remains an attractive destination for global investment." 50 International Voices for 2025 (Alphabetical Order by First Name) Andy Hewson – Managing Director, Heineken Cambodia Antoine Fontaine – Partner, Anant Law Firm Arnaud Darc – Chairman, THALIAS Group Ashley Irving – Principal, ACE Cambodia Askhat Azhikhanov – CEO, ABA Bank Blaise Kilian – Co-Director, SOSORO Museum Benilda Fernando – Director, PwC Cambodia Casey Barnett – President, CamEd Business School Cécile Dahome – Founder & CEO, Sevea Consulting Clint O'Connell – Partner, DFDL Cambodia Cyril Girot – Managing Director, Cambodia Airports Dalton Wong – Chairman, Speedwind Daniel Simon – Managing Director, Rosewood Phnom Penh Darren O'Shaughnessy – Country Manager, Hongkong Land Limited Dinah Kumar – Country Chair, TotalEnergies Cambodia Emily Yu – Chair, Canadian Chamber of Commerce Cambodia Ermine De-Rose Norodom – Founder, Shanty Town Spirit Evangeline Liu – General Manager, Jardine Schindler Cambodia Han Kyung Tae – Managing Director, Yuanta Securities (Cambodia) Hugh Darwell – Managing Director, Acclime Cambodia James Roberts – Partner, KPMG Cambodia Jason Harrison – Co-Founder & GM, Intercare Hospital Jay Cohen – Partner, Tilleke & Gibbins Cambodia Jonathan Goldsmid – CEO, IAAC Cambodia Katherine McLean – Executive Director, International Business Chamber Cambodia (IBC) Manu Rajan – Division CEO, Wing Cambodia Matt Rendall – Managing Director, Sok Siphana & Associates Max Thornton – Co-Founder & Chairman, Satori Giants | Co-Host, Rising Giants Podcast Michael Tan – CEO, Aquarii BD Cambodia Ong Ming Teck – CEO/Executive Director, Cambodian Public Bank Pablo Alonso Caprile – Co-Founder & CFO, iCare Group Parth Borkotoky – Founder & CEO, Azaylla Paul Clements – Chairman, International Business Chamber Cambodia (IBC) Pauline Tan – CEO, Sing-Specialists Medical Centre Ratana Phurik-Callebaut – Board Director, Private Sector & ACLEDA University Chair Raymond Sia – CEO, Canadia Bank Ross Wheble – Country Head, Knight Frank Cambodia Simon Perkins – CEO, Cellcard & Ezecom Soreasmey Ke Bin – Founder & CEO, Confluences Stephen Higgins – Co-Founder & MD, Mekong Strategic Capital Sven Callebaut – Co-Founder Concorde / MoC Advisor Tao Guangyao – CEO, Huawei Technologies Cambodia Teong Hoon Ong – Director, Phillip Bank Thierry Tea – Vice President, OCIC | Vice Chairman, Federation of Cambodian Startups Thomas O'Sullivan – CEO, Realestate.com.kh Thomas Schings – General Manager, Royal Group Funds Tom Edwards – Co-Founder, Mad Monkey Hostels Trevor Sworn – Chair, Cambodian Institute of Directors (Cam-IoD) Vernon Little – General Manager, Imperial Brands Cambodia Ziad Shatara – CEO, Smart Axiata Download the Full Cambodia Leadership Review 2025 The full Cambodia Leadership Review – 50 International Voices 2025 publication is now available for free download, providing exclusive insights, expert commentary, and profiles of all 50 leaders. To down the full PDF click here. https://cambodiainvestmentreview.com/2025/03/25/cambodia-leadership-review-top50-2025/
DUBAI, UAE, March 28, 2025 /PRNewswire/ -- The Crypto Content Creator Campus (CCCC) is set to launch a special pilot edition in Bali from April 10 to 13, 2025. Exclusively sponsored by Bybit, the event marks CCCC's official debut in Asia Pacific and will center on the theme: Build Crypto Ark, Bit by Bit. Hosted in one of Asia's most iconic destinations, CCCC Bali 2025 will bring together around 150 top crypto content creators in Asia Pacific. Alongside them, five prominent speakers will deliver insights into creator growth, audience conversion, and sustainable monetization in the Web3 space. This exclusive, two-day experience will unite some of the biggest names in crypto, content creation, and blockchain for a high-energy, invite-only gathering packed with expert insights, networking, and entertainment. From Dubai to Bali: Crypto Content Creator Campus Continues to Empower the Crypto Content Ecosystem High-profile crypto influencers and key opinion leaders are expected to attend, including RTA, Head of Trading at RTA Business School; Gong Youchai, co-founder of ANGELAB Quantitative and Blackwater Holding; and MoMo, a leading on-chain arbitrage trader. Other well-known figures with massive online followings — such as Phyrex, BITWU, and Little Penguin — will also share their expertise and engage with the community. "Following the successful CCCC Dubai 2024, we're thrilled to extend our vision to the vibrant Asia-Pacific crypto community - a place bursting with energy, ambition, and an insatiable appetite for crypto knowledge," said Phoebe Peng, Managing Director of CCCC. "This upcoming event will foster collaboration and equip content creators with creativity to monetize their passion." Bali was chosen as the launchpad for CCCC's APAC debut not only for its vibrant crypto community, but also for its unique blend of natural beauty and cultural richness — a perfect backdrop to inspire creativity, collaboration, and meaningful storytelling. CCCC aims to empower Asia-Pacific creators in a setting that fuels both imagination and impact. About Crypto Content Creator Campus (CCCC)CCCC is a team of industry experts and visionaries committed to shaping the future of content creation within the Web3 and crypto sphere. Driven by a shared passion for creating a high-value community, we've curated a campus that promises an experience unlike any other. For more details about CCCC, please visit: https://www.cccc.buzz/ For inquiries, please contact: hello@cccc.buzz Instagram | X
SINGAPORE, March 28, 2025 /PRNewswire/ -- Justin Sun, Global Advisor of HTX and Founder of TRON, has been featured on the daily cover of Forbes digital assets, marking a significant milestone in the blockchain industry. Sun becomes the second Chinese entrepreneur, after Jack Ma, and the fourth crypto exchange figure, following CZ, SBF, and Brian Armstrong, to achieve this prestigious recognition. Forbes profiles Sun as a "Crypto Billionaire Who Helped The Trumps Make $400 Million," highlighting his distinct influence and global vision. Justin Sun, Global Advisor of HTX and Founder of TRON Sun's Crypto Empire: From Disruptor to Industry Leader The Forbes feature portrays Sun as a figure of "youth, controversy, and immense wealth." Born in 1990, Sun has built a reputation for bold, unconventional moves within the blockchain space. "In my 20s I was just trying everything," Sun shares, illustrating his hands-on, entrepreneurial approach to innovation. Over the past decade, Sun has developed a comprehensive crypto ecosystem encompassing public chains, payment networks, exchanges, and decentralized finance (DeFi). His flagship project, TRON, ranks among the fastest-growing blockchain networks in the world, with over 300 million users and daily transaction volumes exceeding ten million. This achievement underscores his vision for a "global payment system" and reflects the increasing mainstream adoption of blockchain technologies. As Global Advisor of HTX, Sun has helped steer the exchange to new heights. HTX was recently recognized by Forbes as one of the "Top 25 World's Most Trustworthy Crypto Exchanges of 2025". Under Sun's leadership, HTX has championed compliance, security, and user experience, setting a benchmark for the convergence of traditional finance and crypto innovation. The synergy between HTX and TRON, facilitated by Sun's strategic guidance, is driving seamless resource integration through technological interoperability. Forbes Cover Recognition: A Testament to Global Leadership Sun's appearance on the Forbes cover underscores his growing influence on the global crypto stage. He joins a short list of visionary leaders from the crypto exchange world, alongside CZ, SBF, and Brian Armstrong, who have earned this recognition. In a post on X, Sun remarked, "From a visionary to a global force — honored to be featured on Forbes as Crypto's Billionaire Barker." Previously, Forbes Portugal included Sun in its "40 Notable Blockchain Entrepreneurs to Watch" list, where he ranked second—only behind Ethereum co-founder Vitalik Buterin. Notably, Sun was the only Chinese entrepreneur in the top three, representing the highest placement ever for a Chinese figure in a global blockchain ranking. Forbes has also consistently named Sun in its "30 Under 30 Asia" lists and has noted his wide-ranging interests, including art collection, gaming, investment, philanthropy, and space exploration. In late 2024, Justin was appointed as Prime Minister of the Republic of Liberland, aiming to redefine the crypto space with principles of freedom and innovation. Strategic Collaborations and Industry Mission: Mainstreaming Crypto The Forbes article also highlights Sun's collaboration with the Trump family, a partnership that reportedly generated over $400 million. His $75 million investment in the Trumps' World Liberty Financial (WLFI) project demonstrates how crypto can be strategically deployed to integrate with mainstream business initiatives. This bold move showcases Sun's ability to identify emerging trends and leverage blockchain across cultural IP, social media, and digital asset markets. Addressing the industry's volatility and credibility challenges, Sun emphasizes the importance of a "long-term vision" in his Forbes interview. Both HTX and TRON now prioritize transparency, open-source development, and community governance. Sun's appearance on the Forbes cover signals not only personal success but the rising global influence of crypto innovation. Through HTX and TRON, Sun is helping bridge the gap between traditional finance and Web3, accelerating the shift toward a transparent, efficient, and inclusive digital economy. As Forbes concludes, "This Eastern crypto pioneer is redefining global rules with code and consensus." About HTX Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses. As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of "Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance," HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide. To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX on X, Telegram, and Discord.
Banking/Financial Service
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