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LG CNS to Launch Smart Building DX Business in the U.S.

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LG CNS plans to incorporate Smart Building Technology into SomeraRoad U.S. real estate development projects to enhance their valueUtilizes the proprietary ‘Cityhub Building’ platform to develop data-driven smart buildingsDelivers unique digital transformation (DX) solutions including blockchain-based mobile access card and smart pole

SEOUL, South Korea, Dec. 2, 2024 /PRNewswire/ — LG CNS, a leading digital transformation (DX) company, announced its entry into the DX technology sector for U.S. buildings by signing a Memorandum of Understanding (MOU) with SomeraRoad, a U.S.-based opportunistic real estate investment and development firm, and Mastern America, the U.S. branch of Korea’s prominent alternative investment1) company, Mastern Investment Management.

The MOU signing ceremony took place at SomeraRoad’s headquarters in New York City, attended by Moon Keun Choi, Senior Vice President of LG CNS; Ian Ross, Founder and Managing Partner of SomeraRoad; Fergus Campbell, Managing Partner of SomeraRoad; and Joseph Oh, CEO of Mastern America.

SomeraRoad is an opportunistic real estate investment and development firm that takes an entrepreneurial and opportunistic approach to commercial real estate across a wide spectrum of asset classes, geographies, investment products, and risk profiles, while Mastern America has a proven track record of developing major office buildings in big cities, including One Madison Avenue in New York City’s Manhattan district.

Under the MOU, the three corporations will collaborate on smart real estate initiatives, incorporating DX technologies such as AI, IoT, and automation to transform building management efficiency and enhance user experiences. The initiative will focus on investment and development of smart technology into SomeraRoad projects including hotels and luxury condo projects, multi-family residential properties, within mixed-use projects in Kansas City (Missouri), Nashville (Tennessee), and other locations. Additionally, they will explore projects that implement DX technology in smart aviation infrastructure, with the aim of expanding and diversifying their business models.

LG CNS will oversee the implementation of DX technology in SomeraRoad and Mastern America’s U.S. real estate development projects, starting with utilizing its ‘Cityhub Building’ platform to transform hotels, resorts, multi-family residential properties, and office buildings into smart buildings. ‘Cityhub Building’ is an integrated building management platform offering various functions like data collection, facility control, and energy management for large structures such as office buildings and factories. The platform optimizes building operations through data-driven insights and the simultaneous monitoring and management of multiple buildings across different locations and time zones. One of its standout features is its ability to centralize the management of various equipment and systems in different buildings globally.

LG CNS provides DX services for employees, visitors, and managers of smart buildings. This includes blockchain technology that can be used to create mobile access cards or digital employee IDs, replacing traditional plastic cards for a more convenient way to verify someone’s identity and grant access to offices, meeting rooms, and amenities via smartphone. Users can also enjoy greater convenience by making payments at restaurants and cafes, accessing photocopiers, and boarding commuter buses seamlessly. The mobile access cards/employee IDs are equipped with blockchain-based Decentralized ID (DID) technology to ensure secure mobile identity and credential authentication, safeguarding personal privacy and preventing hacking or data leaks.

LG CNS also provides a Content Management System (CMS) for digital media that enables the simultaneous delivery and management of various types of signage in large buildings. This innovative system lets smart building users tailor their digital content to their unique space and can even deliver important information in emergencies.

LG CNS will further introduce smart poles as well that collect city data in outdoor areas to support the development of smart cities. These advanced streetlights leverage AI-powered CCTV and IoT sensors to accurately monitor vehicle flow and pedestrian count, enabling more effective traffic management. They can also track environmental factors like air pollution, temperature, and humidity in real-time, helping cities better manage urban conditions.

“With demand for smart buildings in the U.S. on the rise, we plan to expand our smart building DX business nationwide, starting in Kansas City and Nashville, and extending to New York and other locations,” said Moon Keun Choi, Senior Vice President at LG CNS. “We also aim to broaden our efforts to include smart cities as another way of delivering even greater value to our clients across the U.S.”

※Terms

1) Alternative Investments: Investments in assets like real estate, jewelry, and art as opposed to more traditional investments such as stocks, bonds, and cash.

About LG CNS

LG CNS is a leading Korean digital transformation (DX) company that continues to pioneer various emerging technologies such as the cloud, generative AI, big data, smart factory, smart city, smart logistics and digital marketing. The company is also leading the market through innovative system integration (SI) and system management (SM) projects in finance, manufacturing, the public sector and various other industries. For more information, please visit www.lgcns.com.

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SOURCE LG CNS

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JA Solar Summit Highlights Shift Toward Solar-Storage Integration as Global Demand Holds Firm

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BEIJING, April 20, 2026 /PRNewswire/ — The 5th Global Solar and Energy Storage Summit 2026, hosted online by JA Solar, brought together over 20+ senior representatives from leading international organizations and industry players to share insights on the accelerating energy transition. The summit featured keynote speeches and panel discussions with influential voices from the IRENA, S&P Global, BloombergNEF, SolarPower Europe, TÜV NORD, as well as prominent utilities, developers, investors, and technology companies worldwide. With a global audience exceeding 20,000 participants from 30+ countries, the event highlighted the growing integration of solar and energy storage as central to a cleaner, smarter, and more resilient energy future.

Record-Breaking Renewable Deployment in 2025

IRENA’s Ilina Stefanova opened the summit by underscoring the scale and urgency of the global energy transition. “2025 marked a record year for renewable energy, with 692 GW of new capacity deployed globally, and solar contributing 75% of the total,” she said. However, she emphasized the need for stronger policy and investment frameworks to sustain this momentum and meet 2030 climate targets.

S&P Global’s Holly Hu followed with the latest market outlook, noting that global solar installations reached 617 GW in 2025, driven by robust activity in China, Europe, and North America. While she acknowledged potential growth moderation in 2026, Hu emphasized an industry shift from scale-dominated competition to smarter, more value-driven strategies.

Solar + Storage + X: The Future of Energy Solutions

Dr. Zi Ouyang, President of Product and Solution R&D Centre and CTO of JA Solar, delivered a keynote on how integrated solutions are shaping the next phase of clean energy deployment. He introduced “Solar + Storage + X” as the industry’s path forward, where combined technologies create new opportunities across utility-scale, commercial, and residential markets.

“The future of energy lies in integration,” said Dr. Ouyang. “Standalone solar PV systems are no longer sufficient to meet today’s increasingly complex demands. By integrating storage and advanced solutions, we can unlock significant value and provide the flexibility necessary for tomorrow’s global energy systems.” He also highlighted JA Solar’s expertise in enabling scenario-specific solutions, including AI-powered data centers, industrial parks, and remote microgrids.

Driving Value Creation Across Global Markets

Two panel discussions explored the changing dynamics of solar and storage integration.

The first, “Global Perspectives: New Value Drivers and Growth Opportunities,” discussed the industry’s pivot toward value-based development. Panelists emphasized how system efficiency, long-term performance, and financial optimization are replacing cost as priorities, with integrated solutions emerging as critical to capturing project value and market flexibility.

The second panel, “Energy Transformation Across Every Scenario: From Deserts to Cities,” explored the application of solar and storage in emerging sectors such as AI Data Centers (AIDC), mining, modern agriculture, and transportation infrastructure. Panelists highlighted innovations addressing diverse energy demands while tackling challenges like system resilience in extreme environments, from remote deserts to urban microgrids.

JA Solar’s Global Leadership in Integrated Energy Growth

The summit reflected the industry’s transition into a transformative phase defined by integration, intelligence, and scenario diversity. As the event organizer and a leading global innovator in solar technology, JA Solar reaffirmed its commitment to accelerating the adoption of high-performance, sustainable energy solutions.

“At JA Solar, we believe collaboration and innovation are fundamental to building a sustainable energy future,” said Dr. Zi Ouyang. “Through advanced technologies and strong partnerships, we aim to deliver scalable, resilient solutions that meet the evolving needs of customers worldwide.”

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SOURCE JA Solar Technology Co., Ltd.

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Ascentium Acquires Dezan Shira & Associates, Expanding its Footprint to 27 Markets and Strengthening Corporate Services Capabilities

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SINGAPORE, April 21, 2026 /PRNewswire/ — Ascentium, a leading global business services platform headquartered in Singapore, has completed its acquisition of Dezan Shira & Associates (“Dezan Shira”), a multi-disciplinary professional services firm with more than three decades of experience advising foreign investors across Asia.

This strategic move significantly expands Ascentium’s reach and capabilities across Asia, the United States, and Europe, enabling the group to guide businesses from pre-investment market assessment through long-term operations, while further deepening its advisory expertise for international businesses operating across these regions.

Expanding cross-border capabilities

With this acquisition, Ascentium now operates in 27 markets, including new locations such as Mongolia, Poland, Germany and Italy, thereby enhancing its ability to support clients with cross-border investments and multi-jurisdictional operations. The addition of Dezan Shira’s network complements Ascentium’s existing footprint in Southeast Asia, positioning the group as one of the most extensive on-the-ground advisory platforms supporting foreign investment in Asia.

This expansion further enables Ascentium to serve clients on the Chinese mainland more effectively, especially foreign investors seeking to enter or scale in this dynamic market.  Added to the established network of InCorp International, an Ascentium Company, the incorporation of Dezan Shira contributes three new offices in Suzhou, Tianjin, and Zhongshan, extending Ascentium’s presence across the Chinese mainland to 15 locations.

With a network spanning major commercial hubs including Beijing, Shanghai, Shenzhen, Guangzhou, and Tianjin, Ascentium delivers clear answers and hands-on support to help businesses navigate regulatory complexity and build a strong, compliant presence with confidence.

Deepening advisory and intelligence capabilities

Dezan Shira brings over three decades of experience advising foreign investors in Asia, with recognised strengths in regulatory analysis, business intelligence, investment structuring, tax advisory and technology-enabled solutions. These capabilities complement Ascentium’s established services in incorporation, multi-country HR and payroll, ESG and tax advisory, and fiduciary – creating an integrated platform that supports clients from market entry through long-term growth. 

Multinational enterprises, regional headquarters, and growth-oriented businesses will benefit from greater scale, deeper regulatory expertise, and a unified service platform designed to navigate complex cross-border business environments.

Asia Briefing: Business intelligence and market insights platform

The acquisition also brings Asia Briefing, Dezan Shira’s business intelligence and research arm, into Ascentium’s ecosystem. Through its Doing Business guides, digital publications, and daily regulatory analysis, Asia Briefing is the leading source for insights on market entry, compliance, regulatory developments, and business news across Asia.

The Asia Briefing platform strengthens the combined group’s ability to pair on-the-ground advisory services with timely, region-wide intelligence to support informed decision-making.

Alberto Vettoretti, Managing Partner of Dezan Shira & Associates, said, “Joining Ascentium marks an exciting new chapter for Dezan Shira & Associates. By combining our expertise with Ascentium’s global platform and execution capabilities, we can deliver even greater value to clients looking to expand and succeed in multiple markets.”

Lennard Yong, Founding Management and Group CEO of Ascentium, added, “This acquisition brings us closer to a fully connected advisory platform across Asia and beyond. With Ascentium’s execution strength and Dezan Shira’s market intelligence and regulatory expertise, we can guide businesses through every stage of expansion, from pre-investment assessment through sustained operations, whether they are entering one new market or scaling across multiple jurisdictions.”

About Ascentium

Ascentium is a leading global business services platform dedicated to helping businesses and individuals scale greater heights. Headquartered in Singapore, we drive extraordinary growth through expert people, purpose-led technology, and an unwavering commitment to service excellence.

With over 2,600 professionals across 46 cities in 23 markets globally, we deliver integrated solutions in corporate services, finance and accounting, fund administration, human resources, and fiduciary and trust services. Serving more than 63,000 client entities across diverse industries, Ascentium combines specialised expertise with innovative, technology-enabled solutions to help clients navigate complexity and unlock new opportunities for sustainable growth.

For more information, visit: ascentium.com

About Dezan Shira & Associates

Founded in 1992, Dezan Shira & Associates is a professional services firm advising foreign investors and multinational enterprises entering and operating across Asia.

The firm provides business intelligence and market entry, corporate establishment and licensing, accounting, tax advisory, payroll and HR administration, internal audit and risk advisory, as well as technology-enabled financial software and ERP solutions.

With more than 300 professionals operating from 27 offices globally, Dezan Shira & Associates maintains one of the region’s most extensive integrated advisory platforms dedicated to foreign direct investment and cross-border operations.

 

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SOURCE Ascentium

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Thunes Launches Real-Time Payments into New Zealand

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Members of Thunes’ Direct Global Network can now send real-time payments to bank accounts in New Zealand, further strengthening the company’s presence in the Asia-Pacific region.

BANGKOK, April 21, 2026 /PRNewswire/ — Thunes, the Smart Superhighway to move money around the world, today announced the expansion of its Direct Global Network with the launch of direct, real-time Pay-to-Bank services into New Zealand.

This expansion enhances Thunes’ cross-border payment capabilities in the Asia-Pacific region, providing Members of the Thunes Direct Global Network with faster and more transparent payment solutions for both consumer and business transactions. With this launch, users can easily transfer NZD directly to New Zealand bank accounts. Transactions can be made either through a direct API integration to Thunes or by leveraging existing Swift connectivity.

New Zealand is increasingly focused on upgrading its financial infrastructure to support real-time digital trade and the burgeoning gig economy. As the nation transitions to a next-generation payments ecosystem, real-time transactions are forecasted to grow at a CAGR of 21.3% through 2027.

Eugene Chua, Head of Network, APAC, at Thunes, said: “At Thunes, we’re dismantling the legacy friction that creates barriers to the global digital economy. Asia Pacific is where the Thunes story began, so we are especially pleased to be strengthening our reach in a high-growth market like New Zealand. Geography should never hinder ambition, and we are proud to be the engine driving financial connectivity, providing the infrastructure that supports and empowers businesses and individuals to benefit from international money movement and participate more fully in the global economy.”

With this expansion, Thunes reinforces its position as a leading provider of real-time cross-border payments. Its Direct Global Network leverages Thunes’ in-house SmartX Treasury System for AI-driven forecasting and real-time liquidity management, and its Fortress Compliance Platform, which benefits from over 50 licences worldwide. This ensures every payment is executed with the highest levels of security, compliance, and operational efficiency.

NOTES TO EDITORS:

Thunes will be attending Money20/20 Asia in Bangkok from April 21-23, 2026, located at booth 6005. Schedule a meeting here.

For more information about Thunes, visit: https://www.thunes.com/

Logo – https://mma.prnewswire.com/media/2831061/5891541/Thunes_Logo.jpg

 

View original content:https://www.prnewswire.co.uk/news-releases/thunes-launches-real-time-payments-into-new-zealand-302746205.html

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