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MVGX and World Free Zones Organization Partner to Advance Sustainability in Free Zones Worldwide

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SINGAPORE, March 4, 2025 /PRNewswire/ — MVGX Tech Pte Ltd (MVGX), a subsidiary of Alpha Ladder Group and a leader in sustainability solutions, and the World Free Zones Organization (WFZO), the global body representing 1,600 free zones and industrial parks, have signed a landmark agreement to accelerate sustainability adoption across Free Zones worldwide.

Through this collaboration, Free Zones will gain access to internationally recognised sustainability frameworks, enabling them to implement robust sustainability management systems and attain the Sustainable Industrial Park (Free Zone) Certification, a key benchmark for green industrial park development. Aligned with ISO 37101, the Management System for Sustainable Development in Communities, and PAS IP 8848, the framework for Sustainable Industrial Park management systems, this initiative underscores a commitment to fostering sustainable, future-ready industrial ecosystems.

The signing ceremony in Dubai signals a major push towards sustainable transformation, as Free Zones worldwide move to align with global environmental, social, and governance (ESG) standards and future-proof their operations.

Helping Free Zones Achieve Global Sustainability Standards

As part of this partnership, MVGX and WFZO will champion the adoption of the Sustainable Industrial Park (Free Zone) Standard (PAS 8848:2024), encouraging WFZO members to integrate structured sustainability practices within their operations. To facilitate this, MVGX will provide capacity-building programs, consulting services, and hands-on certification support, equipping Free Zones with the expertise needed to implement effective sustainability management systems. The initiative will also help Free Zones secure dual certification in ISO 37101 (Sustainable Development in Communities) and PAS IP 8848 (Sustainable Industrial Park Free Zone Standard), reinforcing their commitment to globally recognized sustainability benchmarks.

Defining the Path to Sustainability: WFZO and MVGX’s Roles

Under this partnership, WFZO will take the lead in promoting the Sustainable Industrial Park (Free Zone) Standard across its global network, encouraging Free Zones to integrate sustainability into their operations. It will organize capacity-building events and workshops, providing Free Zones with the knowledge and resources needed to participate in the certification process. Additionally, WFZO will serve as the key liaison between MVGX and Free Zones, ensuring seamless communication and coordination.MVGX, on the other hand, will drive the technical execution by developing specialized training programs, sustainability assessments, and improvement roadmaps for Free Zones. It will provide hands-on consulting, guiding Free Zone teams through gap analyses, sustainability project implementation, and certification preparation. From documentation support to third-party certification reviews, MVGX will ensure Free Zones meet globally recognized sustainability standards.

Why This Matters to Free Zones and the Global Economy

Free Zones and Industrial Parks play a critical role in global trade, contributing to economic growth, industrial development, and cross-border commerce. However, as sustainability becomes a defining factor in investment decisions, supply chain partnerships, and regulatory compliance, Free Zones that do not embrace sustainability risk falling behind.

Ms Lily Hong, Chief Executive Officer and Co-Founder of MVGX, emphasized the importance of the partnership, stating, “This agreement underscores our shared commitment to sustainability in industrial zones. By leveraging MVGX’s expertise in sustainability consulting and WFZO’s extensive global network, we aim to provide Free Zones with the necessary tools and guidance to achieve internationally recognized sustainability certifications. This partnership is a critical step in accelerating the transition to greener industrial practices worldwide.”

“This collaboration marks a significant step toward integrating carbon markets within free zones, enabling enterprises to actively participate in global carbon reduction efforts,” said Dr. Samir Hamrouni, Chief Executive Officer of World Free Zones Organization. “By establishing unified carbon credit standards and digital trading systems, we are fostering a more sustainable and economically resilient future for free trade zones worldwide.”

This partnership between MVGX and WFZO provides Free Zones with a clear roadmap to sustainability compliance, strengthening their appeal to global investors and businesses. By offering direct access to cutting-edge sustainability knowledge and best practices, it empowers Free Zones to future-proof their operations while aligning with global ESG regulations. With sustainability now shaping the future of trade, this collaboration ensures Free Zones remain competitive, resilient, and positioned for long-term success.

About MVGX

MVGX, a subsidiary of Alpha Ladder Group and headquartered in Singapore, is a pioneer in sustainability compliance solutions across seven key markets in Asia-Pacific, with a growing presence. We offer a comprehensive suite of services, including digital Measurement, Reporting, and Verification (MRV), regulatory compliance reporting, carbon credit advisory and trading, capacity building, and access to green finance.

Leveraging proprietary AI inference models and the region’s most extensive emissions factor database, MVGX streamlines sustainability compliance, making it simpler, scalable, and seamless. Our plug and play solutions enable businesses to lower the cost of regulatory compliance while unlocking capital —whether by securing green finance or monetising carbon credits.

Discover how MVGX is shaping the future of sustainability compliance at www.mvgx.com.

About WFZO

The World Free Zones Organization (WFZO) is an international, non-profit organization established to promote and advocate for the global free zones ecosystem. Founded with the aim of fostering cooperation, innovation, and sustainable development within free zones worldwide, WFZO acts as a key facilitator for stakeholders in the free zone industry. These include governments, regulatory bodies, investors, and business operators. The World FZO was launched in Dubai, UAE, in May 2014, by its 14 founding members and under the auspices of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai. WFZO serves as a central platform that connects over 3,000 free zones globally, providing them with the resources, knowledge, and support needed to thrive in an increasingly competitive global economy. Its mission is to elevate the free zone sector by sharing best practices, facilitating networking opportunities, and advocating for policies that stimulate economic growth, trade, and innovation.

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SOURCE MVGX Tech

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2026 Canton Fair Design Award Winners Showcase China’s Innovation Strength

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GUANGZHOU, China, Oct. 19, 2026 /PRNewswire/ — As the 140th Canton Fair opens, the winners of the 2026 Canton Fair Design Award (CF Award) have also been announced. Winning products are now on display in Area D of the Canton Fair Complex, offering visitors a closer look at some of the latest advances in Chinese manufacturing and industrial design.

Among this year’s top honorees, a domestically developed high-performance sport motorcycle and an intelligent navigation capsule robot gastric endoscopy system received the Best of the Best Award, the competition’s highest recognition.

The Canton Fair also enhanced the visitor experience with a themed showcase area within the award exhibition. Built around four application-oriented concepts, namely Outdoor Pleasure, Smart Living, Cozy Home and Kitchen Elegance, the immersive displays demonstrate how innovative designs can be integrated into everyday life, helping visitors better understand the practical value behind these award-winning products.

This year, 4,218 products from 2,112 companies competed for the award. Following multiple rounds of evaluation, 222 products from 174 companies were selected.

The award-winning products reflect several key trends shaping the next stage of Chinese manufacturing. Innovation remains a defining theme, with breakthrough technologies ranging from upper limb motor function assistance and enhancement system to exoskeleton robots, underscoring the growing momentum of high-end manufacturing.

Meanwhile, intelligent technologies continue to gain traction across industries. Smart products account for more than 30% of this year’s winners, with AI-powered glasses, intelligent conference terminals and smart healthcare devices extending AI applications across home, office, medical and outdoor environments.

Sustainability is also becoming increasingly embedded throughout the product lifecycle. Green products represent over 40% of the winning entries, while innovations such as integrated energy-saving panels and sugarcane paper demonstrate how environmentally conscious practices are being incorporated into product design, materials selection and manufacturing processes.

Established in 2013, the Canton Fair Design Award is widely regarded as a benchmark for design innovation in China’s foreign trade sector. The award recognizes products that combine design excellence with commercial value, promoting the transformation and upgrading of Chinese manufacturing and supporting high-quality trade development. Entries are evaluated across five dimensions: innovation, quality, functionality, aesthetics and sustainability.

For more convenient attendance, please click here for pre-registration:
https://buyer.cantonfair.org.cn/register/buyer/email?source_type=16

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/2026-canton-fair-design-award-winners-showcase-chinas-innovation-strength-302911954.html

SOURCE Canton Fair

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InstaMall Launches Same-Day Fashion Delivery Experience, Bringing 80+ Brands to Shoppers’ Doors in Miami

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First-of-its-kind shopping app pairs artificial intelligence with same-day delivery, bringing luxury
and contemporary brands directly to customers’ doorsteps 

Featured luxury and contemporary brands include AllSaints, John Varvatos and Aritzia

MIAMI, Oct. 19, 2026 /PRNewswire/ — InstaMall, a first-of-its-kind shopping app offering same-day delivery and access to real-time inventory across luxury and contemporary fashion, launches today in Miami, Florida. Now available via iOS and Android, InstaMall provides access to more than 80 contemporary and luxury fashion brands across Miami’s five premier retail clusters, including Balmain, Louis Vuitton, Bottega Veneta, Ganni, Coach, Diesel, Reformation, Aritzia, Cult Gaia, Prada and more. InstaMall will add more brands within the app in the coming weeks and seasons. 

Sitting at the intersection of fashion, technology and commerce, InstaMall brings inspiration and purchase together through a more dynamic way to discover and shop for fashion. The experience combines access to luxury and contemporary brands with the convenience of same-day delivery, bringing the speed customers have come to expect across categories like food and groceries to fashion while maintaining the brand experience retailers and shoppers expect.

Within the app, customers will have access to InstaMall’s AI-powered stylist and virtual try-on features, making it easier to browse, discover and shop styles online. InstaMall’s AI Stylist serves as an intelligent shopping assistant that responds to customers’ preferences in real time. Customers can use the AI Stylist to receive product recommendations, build outfits, ask questions and discover new styles, while its virtual try-on feature allows them to visualize select items on themselves before making a purchase.

“InstaMall was founded on the belief that the convenience customers have come to expect from same-day delivery should extend to the way they shop for fashion,” said Elliot Aboud, Founder and CEO of InstaMall. “As fashion and technology continue to evolve together, we saw an opportunity to create a more seamless shopping experience that brings customers closer to the brands they love, combining a curated assortment, AI-powered styling and virtual try-on with the ease and convenience of same-day delivery.”

Prior to founding InstaMall, Elliot Aboud helped build the Aroma360 and Hotel Collection brands, overseeing the launch of the first retail store and expanding the retail footprint to more than 30 stores across the United States and two in Dubai. InstaMall is bringing fashion and luxury to the next generation with its seamless shopping experience and wide selection of brands.

Customers can download InstaMall through the Apple App Store or Google Play, or by going to instamall.co.

About InstaMall 

InstaMall is a same-day fashion shopping and discovery app reimagining how consumers shop for luxury and contemporary brands. Sitting at the intersection of fashion, technology and commerce, InstaMall brings inspiration and purchase together in an experience that gives consumers a more dynamic way to discover and shop. Where on-demand delivery has long existed for categories like food and groceries, InstaMall brings that same convenience to luxury fashion for the first time, delivering the same day without compromising the brand experience fashion retailers and their customers expect. The company launched publicly in Miami on October 16, 2026, and plans to expand nationally. For more information, please visit instamall.co.

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SOURCE InstaMall

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PTC to Announce Fourth Fiscal Quarter and Full Year 2026 Results on Wednesday, November 4, 2026

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BOSTON, Oct. 19, 2026 /PRNewswire/ — PTC (NASDAQ: PTC) will release its fiscal 2026 fourth quarter and full year results on Wednesday, November 4th after the stock market closes. As previously announced on October 5th, 2026, PTC entered into a definitive agreement to be acquired by Schneider Electric. In light of the pending transaction, PTC is suspending quarterly earnings conference calls and is no longer providing quarterly or annual guidance.

The earnings press release and accompanying financial data tables will be accessible on the Investor Relations section of the company’s website at PTC Investor Relations.

About

PTC (NASDAQ: PTC) is a global software company that enables manufacturers and product companies to digitally transform how they design, manufacture, and service the physical products the world relies on. Headquartered in Boston, Massachusetts, PTC employs over 7,000 people and supports more than 30,000 customers globally. For more information, please visit www.ptc.com.

Investors

Michael Maguire
mmaguire@ptc.com
investor@ptc.com

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SOURCE PTC Inc.

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