
China's Open Door Amplified: the Upcoming Eighth CIIE Cements Role as Global Business Gateway
The first batch of over 300 exhibitors has been officially announced, with more than 100 companies having engaged in every edition since the inaugural CIIE. Currently, an exhibition area of over 250,000 square meters has been booked for this year's CIIE, and more buyers along the industrial chains, including small and medium-sized enterprises (SMEs), will be encouraged to participate.
Sector-Specific Synergy
A dedicated business matchmaking session for the food and agricultural sectors on April 18 demonstrated CIIE's operational effectiveness. 41 international exhibitors—including Dole, Goodfarmer, and Theland—who engaged in business talks with over 150 Chinese buyers such as Sinopec Shanghai Easy Joy, Bailian Group, and Eastern Airlines Food Co.
Global Endorsements
International policymakers continue to recognize the CIIE's value. Malaysia's Minister of Transport, Anthony Loke, highlighted the CIIE's strategic importance as an important gateway for Malaysian businesses, especially SMEs, to gain new impetus and fruitful results through deepened cooperation. Echoing this sentiment, State Secretary of the Ministry of Trade, Industry and Fisheries of Norway, Janicke Andreassen Hirstad, recognized the CIIE's effectiveness in connecting Norwegian companies in agriculture, shipping, and maritime sectors with Chinese consumer demand.
Intellectual Engagement
Held alongside the CIIE, the eighth Hongqiao International Economic Forum (HQF) is finalizing its agenda, with guest invitations progressing steadily. The eighth HQF will align closely with current global economic dynamics, focusing on key topics such as multilateral trade governance, digital empowerment, green development, new quality productive forces, institutional openness, Global South cooperation, and inclusive development, reinforcing its role as a high-level dialogue platform.
As the upcoming China–Central Asia Summit highlights the growing momentum for regional and global cooperation, the eighth CIIE and HQF present a valuable platform for international enterprises to integrate into China's market and explore new opportunities in Chinese dynamic economy.
Don't miss the chance to be part of these significant global events—visit https://www.ciie.org/zbh/en/ for the latest updates and participation details.
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Cision Canada
3 hours ago
- Cision Canada
DayOne Signs Landmark CRESS Agreement with TNB to Secure Up to 500MW of Renewable Energy
SINGAPORE and KUALA LUMPUR, Malaysia , June 12, 2025 /CNW/ -- DayOne Data Centers, a global pioneer in digital infrastructure platforms, announced on June 11 th the signing of a Corporate Renewable Energy Supply Scheme (CRESS) agreement with Tenaga Nasional Berhad (TNB), a leading Malaysian utility company in Asia. The agreement enables DayOne to secure up to 500 megawatts of renewable energy over a 21-year term to support its data center operations in Malaysia. This makes DayOne the first corporate to execute a Bilateral Energy Supply Contract (BESC) under the national CRESS framework, setting a new benchmark for large-scale corporate green energy adoption in the country. The renewable energy will be backed by new solar generation capacity developed and operated by TNB Renewables, a wholly owned subsidiary of TNB. DayOne's operations in Malaysia currently include two hyperscale campuses in Nusajaya Tech Park (NTP) and Kempas Tech Park (KTP). "This partnership with TNB marks a bold step forward in our decarbonization journey," said Jamie Khoo, CEO of DayOne. "It reflects the ambitious collaboration needed to power the AI-driven digital economy sustainably—and to do so at scale. We are proud to lead by example in Malaysia through the country's first CRESS agreement. Sustainability is core to how we build, operate, and grow. At DayOne, we are not only transitioning our campuses to renewable energy—we are working to embed ESG principles into every part of our value chain." DayOne is deeply committed to sustainability and responsible growth. The company is working toward full renewable energy use across its operations and is taking concrete steps to reduce Scope 1 and 2 emissions, while helping its customers decarbonize their digital infrastructure. This landmark agreement not only advances DayOne's ESG strategy, but also demonstrates how green energy adoption and digital transformation can go hand in hand to build future-ready infrastructure for Malaysia. The signing ceremony was officiated by YB Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Minister of Investment, Trade and Industry. Minister Zafrul commented, "The formalization of the partnership between DayOne and Tenaga Nasional Berhad clearly demonstrates the private sector's confidence in Malaysia's reindustrialization and clean energy visions. Such policy clarity, as laid out in the New Industrial Master Plan 2030 and the National Energy Transition Roadmap, has also sent a strong signal to the world: Malaysia is open for business, with focused execution on the investor's journey to lead the next wave of sustainable digital growth, high-quality jobs, and a future-ready development that will benefit our people and our economic expansion." Datuk Ir. Megat Jalaluddin Megat Hassan, President/CEO of Tenaga Nasional Berhad, emphasized that the agreement is more than just a power contract—it reflects a shared ambition for a smarter, cleaner, and more sustainable future. "As the first CRESS agreement to deliver up to 500 megawatts of green energy, this partnership is a powerful signal of how a strategic collaboration can unlock reliable and scalable clean energy solutions for Malaysia's most demanding digital infrastructures, including hyperscale data centers." "TNB is proud to lead in this transition—not only by supplying renewable energy, but by building the grid resilience, energy infrastructure, and digital backbone that enable AI, cloud, and high-performance workloads. Through initiatives like the TNB Green Lane Pathway and One-Stop Center (OSC) for data centers, we are supporting Malaysia's 70% RE target and net-zero ambition, while driving inclusive growth and job creation." The Corporate Renewable Energy Supply Scheme (CRESS), introduced by Malaysia's Ministry of Energy Transition and Water Transformation (PETRA), allows medium and high-voltage corporate consumers to directly access renewable energy through TNB's grid system. CRESS supports Malaysia's transition toward a greener and more sustainable energy ecosystem by enabling businesses to procure clean energy efficiently. In October 2024, DayOne and TNB strengthened their partnership through the signing of the fourth Electricity Supply Agreement (ESA) and a Memorandum of Understanding (MoU), under the Green Lane Pathway Initiative and One-Stop Center (OSC) for Data Centers. This collaboration advances key green initiatives, including rooftop solar via GSPARX, dark fiber connectivity through ALLO, and renewable energy solutions under CRESS. As Malaysia accelerates its energy transition and digital infrastructure development, DayOne is committed to being a long-term partner in building a low-carbon, future-ready, and globally competitive digital infrastructure platform. About DayOne DayOne is a data center pioneer that develops and operates next-gen digital infrastructure for industry leaders who demand reliable, cost-effective, and quickly scalable solutions. Our cutting-edge facilities empower hyperscalers and large enterprises to achieve rapid deployment and enhance connectivity, driving transformative engagement and innovation as we shape the future of industries. DayOne's data centers are located across tier-one and emerging markets, including Singapore, Johor (Malaysia), Batam (Indonesia), Greater Bangkok, Hong Kong SAR, Tokyo, and beyond. Headquartered in Singapore, DayOne's leadership team draws on over two decades of industry experience and a track record of building Asia's largest data center business. With DayOne, they have created the SIJORI (Singapore, Johor, and Riau Islands) market as a global data center hub.


The Market Online
3 hours ago
- The Market Online
Almonty Industries – NASDAQ listing, Pentagon, world-class mine, critical raw materials: ride the perfect wave
Tungsten – hard, heat-resistant, indispensable for rockets, semiconductors, and high-tech tools. However, the global supply chain for this critical metal is on the verge of collapse. China's export restrictions have choked the market, and Western stockpiles are depleting rapidly. In this volatile situation, one company is increasingly stepping into the spotlight: Almonty Industries. With the imminent commissioning of the world's largest tungsten mine outside of China and its unique vertical integration, the Canadian company is no longer just a mine operator – it is becoming the architect of Western raw material security. Here is why investors should take a closer look. Geopolitical earthquake: China's grip on critical raw materials The West's dependence on Chinese raw materials is becoming a strategic Achilles' heel. Since 2023, Beijing has been systematically tightening exports of key metals – most recently tungsten. The justification: 'national security' and 'dual-use' risks, mirroring the arguments often made by the West. The impact is devastating. Experts such as Martin Hotwagner from Steel & Metals Market Research warn that supplies in Europe and the US are rapidly running out. Every vehicle contains up to 300 grams of tungsten, most of which is irretrievably lost once it reaches the end of its life cycle. The consequences can already be seen: a dramatic price increase of over 25% for ammonium paratungstate (APT) since February 2025. In the midst of this crisis, the West is desperately searching for resilient alternatives – and Almonty Industries (TSX:AII), long a niche player, is suddenly emerging as a beacon of hope. Sangdong: The game changer on the verge of take-off At the heart of Almonty's rise is the Sangdong mine in South Korea. After almost a decade of development, the project is nearing operational launch. Sangdong is no ordinary mine. It is one of the world's largest and highest-grade tungsten deposits, with ore grades three times higher than the market average. Over 90 years of proven reserves offer unparalleled long-term prospects. But Almonty is thinking further ahead. In parallel with the first production phase, Phase 2 and its own tungsten smelter are already in preparation. There are also plans for a tungsten oxide production plant. This vertical integration makes Almonty the only fully integrated tungsten producer in a transparent legal system anywhere in the world. In doing so, the Company has effectively created a monopoly, which is a fundamental value driver in a billion-dollar market. Tungsten visible in the mine. (Source: Almonty Industries) Financial resilience: No blind gamble Other mining projects fail due to financing difficulties or price fluctuations. Almonty has deliberately established protective mechanisms: Offtake agreements with a safety net : Long-term purchase agreements with fixed minimum prices protect against slumps. At the same time, the Company benefits if tungsten prices continue to rise. A new addition is an exclusive agreement with US defense contractor Tungsten Parts Wyoming (TPW) and Israeli processor Metal-Tech. TPW has secured at least 40 tons of tungsten oxide per month, which is intended exclusively for US defense applications such as missiles and drones. The minimum prices ensure predictable revenues with unlimited upside potential. : Long-term purchase agreements with fixed minimum prices protect against slumps. At the same time, the Company benefits if tungsten prices continue to rise. A new addition is an exclusive agreement with US defense contractor Tungsten Parts Wyoming (TPW) and Israeli processor Metal-Tech. TPW has secured at least 40 tons of tungsten oxide per month, which is intended exclusively for US defense applications such as missiles and drones. The minimum prices ensure predictable revenues with unlimited upside potential. Favorable capital : The project financing of USD 75.1 million was provided by KfW IPEX-Bank, which had confidence in the project and the management team. This secured low interest rates. : The project financing of USD 75.1 million was provided by KfW IPEX-Bank, which had confidence in the project and the management team. This secured low interest rates. Strategic flexibility: Over 50% of Korean production is not tied to long-term contracts. The purchase agreements for tungsten production in Portugal also only run until the end of the year. This agility allows the Company to make the most of market opportunities. US anchor: More than just a move Almonty's relocation of its headquarters from Canada to the US is not a bureaucratic act. It is a strategic commitment. 99.6% of shareholders voted in favor. The goal is to position Almonty as a reliable supplier and trusted partner in the field of critical raw materials. Recognition came promptly. A formal letter from the influential US Congressional Committee on Strategic Competition with China underscored Almonty's strategic importance to the US. The committee highlighted: • Sangdong will become the largest tungsten producer outside China. • Almonty will become the only US-based company with commercial tungsten production. The committee signaled its interest in cooperation, including inclusion in the national defense reserve. This political backing is worth its weight in gold. It paves the way for a NASDAQ listing, which should attract institutional investors and increase liquidity. Team of experts: A Door opener in Washington The appointment of Alan Estevez, former Under Secretary of Commerce for Industry and Security, to the Board of Directors highlights the Company's ambitions. Estevez is no mere figurehead. He is considered an expert in national security, defense logistics, and strategic trade. ' Alan's firsthand experience in procurement, contracting, and supply chain will be particularly important as we expand our position as a key allied supplier of tungsten ,' said Black. Also joining the board of directors in March was General Gustave F. Perna, who has expertise in global logistics and supply chain strategies and an extensive military network. This is complemented by a membership in the Critical Minerals Forum (CMF), a think tank funded by the US Defense Advanced Research Projects Agency (DARPA). Access to AI-powered forecasting models for commodity demand and prices gives Almonty a strategic information advantage. Molybdenum: The silent wild card While the Sangdong tungsten deposit is in the spotlight, another asset is waiting in the wings. The high-grade molybdenum deposit is also located on the Sangdong property. It is fully approved and benefits from the infrastructure already in place for the tungsten project. This offers additional upside potential in another critical metal, and here, too, there is a purchase agreement with SeAH Group, a SpaceX supplier, guaranteeing USD 19 per pound. A NASDAQ listing is planned for the future. GBC Research recently raised its price target for the share to CAD 5.50, citing expectations of higher tungsten prices. Previously, Sphene Capital had already issued a price target of CAD 5.40. The share is currently trading at CAD 3.23. The chart of Almonty Industries, as of June 10. (Source: Refinitiv) Almonty Industries is no longer a pure mining company. It is transforming into a vertically integrated, systemically important supplier to the West in the midst of a unique geopolitical situation. The one-of-a-kind combination of the world-class Sangdong mine, which is about to begin production, a robust financial structure with price guarantees, political backing from the US, and a planned NASDAQ listing creates an unparalleled investment profile. The extreme market shortage and rising prices have come at the perfect time. In addition, there are expansion opportunities, such as the tungsten smelter, the oxide plant, and the molybdenum deposit. For investors focused on critical raw materials and strategic value creation, Almonty offers a compelling long-term growth story. The foundations have been laid, and production in Sangdong is about to begin. Conflict of interest Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as 'Relevant Persons') currently hold or hold shares or other financial instruments of the aforementioned companies and speculate on their price developments. In this respect, they intend to sell or acquire shares or other financial instruments of the companies (hereinafter each referred to as a 'Transaction'). Transactions may thereby influence the respective price of the shares or other financial instruments of the Company. In this respect, there is a concrete conflict of interest in the reporting on the companies. In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships. For this reason, there is also a concrete conflict of interest. The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies. Risk notice Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such. The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between Apaton Finance GmbH and its readers or the users of its offers, as our information only refers to the company and not to the investment decision of the reader or user. The acquisition of financial instruments involves high risks, which can lead to the total loss of the invested capital. The information published by Apaton Finance GmbH and its authors is based on careful research. Nevertheless, no liability is assumed for financial losses or a content-related guarantee for the topicality, correctness, appropriateness and completeness of the content provided here. Please also note our Terms of use. This is sponsored content issued on behalf of Apaton Finance GmbH, please see full disclaimer here.


Winnipeg Free Press
6 hours ago
- Winnipeg Free Press
Innovation takes a backseat at small companies as tariffs become a full-time preoccupation
NEW YORK (AP) — Toy robots that teach children to code. Sneakers made in America. Mold-resistant kitchen gadgets. The three items are among new products that have gotten stuck in the pipeline due to President Donald Trump's unpredictable trade policies, according to the brand founders behind the stalled items. They say that instead of fostering U.S. innovation, Trump's tariffs are stifling it with extra costs and unexpected work. At Learning Resources in Vernon Hills, Illinois, Made Plus in Annapolis, Maryland, and Dorai Home in Salt Lake City, research and development have taken a backseat to recalculating budgets, negotiating with vendors and tracking shipments in the shifting tariff environment. 'If we don't have enough cash to cover just the restocks of the things that we know we need, do we want to take a risk on this new thing when we don't know how well it will sell yet?' Dorai Home founder Kelsey O'Callaghan said. O'Callaghan started the eco-friendly home goods company with a stone bath mat and now offers about 50 kitchen and bathroom accessories, which are made in China with a non-toxic material that dries quickly. New launches are critical to increasing sales and attracting customers, she said. As Trump increased the tariff on Chinese goods to 20% and as high as 145% before reducing the import tax rate to 30% for 90 days, Dorai Home postponed introducing new merchandise. O'Callaghan said she had to lay off the CEO as well as the head of product development, who helped the company jump on new trends. 'I haven't really put the time or the emphasis on (innovation) because I'm covering too many other people's roles,' she said. The company paused shipments from China in early April but resumed some on a staggered basis after the president's rate reduction. On Wednesday, Trump touted progress in U.S.-China trade talks. With details still sketchy and a deal not finalized, entrepreneurs interviewed by The Associated Press said they viewed the tariffs war as an ongoing threat. Tariffs and American innovation The potential stunting of innovation follows an economic slowdown during the coronavirus pandemic, when companies also had to put projects on hold. Some experts think the on-again-off again tariffs may have more enduring consequences because they rewire markets and upend business strategies. 'When executive attention shifts from innovation to regulatory compliance, the innovation pipeline suffers. Companies end up optimizing for the political landscape rather than technological advancement,' economists J. Bradford Jensen, a nonresident senior fellow at the Peterson Institute for International Economics, and Scott J. Wallsten, president of the Technology Policy Institute think tank, wrote in an April blog post. Trump has argued that curtailing foreign imports with tariffs would help revive the nation's diminished manufacturing base. Analysts and various trade groups have warned that fractured trade ties and supply chains may depress R&D activity of U.S. tech and health care companies that rely on international partnerships or foreign suppliers. Small companies, which often drive the innovations that create jobs and economic growth, already are under strain. With fewer people on staff and tighter budgets compared to large corporations, entrepreneurs say they are spending more time on cutting costs, suspending or arranging orders, and deciding how much of their tariff-related costs to charge customers. That means they're spending less time thinking of their next big ideas. Schylling Inc., a Massachusetts company that produces modern versions of Lava lamps, Sea-Monkeys, My Little Pony and other nostalgic toys, has its products made in China. As part of its strategy to account for tariffs, the company put a group of employees on temporary unpaid leave last month to reduce expenses. Marketing director Beth Muehlenkamp said she and other furloughed workers typically would have been planning products for the final months of 2026. But Schylling isn't focusing on designing new products given the unstable trade outlook. 'It's really hard to focus on innovation and creativity when you're consumed with this day-to-day of how we're just going to balance the books and deal with the changing rates,' Muehlenkamp said. An uneven product pipeline Even some companies that do their manufacturing in the U.S. are scaling back investments in new products. Made Plus, a Maryland company that makes athletic shoes at a small factory in the state capital, put a planned golf line on hold because two key components — a foam insole and the tread for the bottom of the shoe — currently are made in China, founder Alan Guyan said. The company customizes its shoes on demand and charges $145 to $200 a pair. The footwear is made from recycled plastic bottles with advanced knitting, 3D printing and computerized stitching techniques. It's looking into getting components from Vietnam instead of China. Embracing new technology is essential to restoring manufacturing capability in the U.S. and competing with Asia, Guyan said. But given ongoing trade frictions, he said he does not want to invest time or money evaluating the latest embroidery and knitting machines, which come from Germany, Italy, China and the U.S. 'We're just battening down the hatches a little bit and just hoping that there's enough influence in the community of footwear that it will somewhat change and get resolved and we can move forward,' he said of the tariff roller coaster. In contrast, many big companies are forging on. Google parent Alphabet confirmed late last month that it still planned to spend $75 billion on capital expenditures this year, with most of the money going toward artificial intelligence technology. What's next for R&D? Sonia Lapinsky, a managing director at consulting firm AlixPartners, has advised her clients to limit tariff discussions to a small group of executives and to keep their product creation cycles in motion. Businesses have an even greater imperative to come up with attention-grabbing innovations when consumers may be reluctant to open their wallets, she said. Yet smaller companies may struggle to wall off tariff discussions from the rest of the business. Monday Mornings The latest local business news and a lookahead to the coming week. Learning Resources CEO Rick Woldenberg said that roughly 25% to 30% of the 350 employees at the educational toy company's headquarters, including product developers, are working at least part-time on tariff-related tasks. The company usually develops 250 different products a year and expects to get half that many off the drawing board for 2026, Woldenberg said. While exploring factories in countries besides China, he said, Learning Resources is delaying the next generation of its interactive robots that help children develop computer programming skills through games and other activities. The family-run business and Woldenberg's other toy business, hand2Mind, are locked in a legal battle with the Trump administration. The jointly owned companies filed a lawsuit accusing the president of exceeding his authority by invoking an emergency powers law to impose tariffs. A federal judge ruled in favor of the two companies last month, and the administration has appealed the decision. Woldenberg said he's ready to take the case to the U.S. Supreme Court. 'It's a win at the Supreme Court that we need,' he said. 'And so until then, there will be no certainty. Even then, if the government is bound and determined to keep us in an uncertain situation, they'll be able to do that.'