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AVPN Announces New Strategy to Mobilise Capital for Asia’s USD 26-Trillion Social and Environmental Transformation

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Strategy underscores its call for Asia’s leaders to shift from participation to leadership in advancing Asia-led solutions

SINGAPORE, July 1, 2026 /PRNewswire/ — AVPN, Asia’s largest platform for social impact, today announced a strategic evolution of its products and community models, in response to shifts in the global macro landscape and the growing urgency in Asia’s impact needs. The region faces a USD 26-trillion financing need through 2030 to maintain growth, eradicate poverty and respond to climate changes. AVPN is calling on Asia’s philanthropists, capital holders, and government leaders to take transformative action by shaping an Asia-led framework for how capital must be designed, deployed and coordinated – to meet Asia’s social and environmental needs. Entering its 15th year of moving capital towards Impact for Asia, this evolution affirms AVPN’s role as an Asia-led platform that builds an impact ecosystem rooted in on-ground realities, drives a more prosperous and inclusive Asia, and strengthens the region’s influence on global impact action.

“Asia can no longer be a passive participant in global impact conversations,” said Achal Agarwal, Chair, AVPN. “This USD 26‑trillion gap is not just a financing shortfall; it is an opportunity for Asia to design its own playbook and lead with frameworks grounded in our realities, while shaping global approaches for a more equitable, inclusive and prosperous future.”

Asia’s impact landscape is entering a phase of greater complexity and urgency, with capital pools growing, but deployment remaining fragmented across markets, sectors and stakeholder priorities. Official Development Assistance (ODA) fell by 23.1% in 2025 with a further decline projected for 2026, even as needs continue to rise. Global frameworks, while useful, often fail to capture Asia’s diversity, complexity and context. Within the region’s broader financing need, it also faces a USD 1.5 trillion annual SDG financing gap, underscoring the need for more coordinated capital.

AVPN’s strategic evolution introduces its community model, previously known as membership tiers, redesigned for impact at scale. This is to expand its engagement with the impact ecosystem, such that coordination and collaboration can be multiplied.

The Vantage and Discovery pathways are designed to balance breadth with depth.

Vantage: A paid, relationship-led experience designed for organisations seeking deeper strategic engagement, dedicated support, curated connections, and leadership opportunities.Discovery: A flexible engagement pathway that enables organisations to access the AVPN ecosystem and engage through a combination of complimentary and pay-per-use opportunities.

AVPN’s product portfolio remains focused around four thematic priorities – Climate Action, Health Impact, Gender Equality and Economic Inclusion, which will be activated through dynamic cross‑cutting levers such as AI, policy, impact investing and faith‑based giving. These impact levers ensure AVPN and its impact ecosystem continually unlock new forms of capital and innovation to meet the rising needs of the region.

The new strategy reinforces AVPN’s mission of translating intent into impact by bringing together people, ideas and resources for Asia, and its vision of a thriving impact ecosystem that drives a prosperous and inclusive Asia. AVPN delivers this strategy through flagship convenings such as the AVPN Global Conference and summits, pooled funds, policy dialogues and thematic‑specific initiatives, AVPN will amplify community voices, connect unlikely allies and catalyse coalitions that can drive systems‑level change. Current initiatives include partnerships with Indonesia on health impact, with India on energy transition, collaborations with the ASEAN Business Advisory Council on corporate CSR, and work with ASEAN Ministries of Education on economic inclusion enabled by AI and technology.

“When Asia leads with its own frameworks, informed by local realities and grounded in trust, partnership and mutuality, we can turn challenges into opportunities for generations to come. Asia’s leaders must now step up. There is no time to waste. We should not be participants in our own region; we need to be architects of our Asia-led blueprint for impact. And, AVPN’s role as a trusted impact ecosystem is to provide the connective tissue that allows capital to move with confidence across borders, sectors and instruments, so that ambition becomes action,” added Naina Subberwal Batra, CEO, AVPN.

Solving Asia’s social and environmental challenges demands the full continuum of capital, where grants, debt, and equity are intentionally aligned to move solutions from innovation to scale. Asia needs more than just diverse forms of capital but also shared accountability among partners that reduces perceived risk and enables actors across sectors to converge around collective outcomes. With over 700 organisations across 43 markets, and a 15-year track record of building Asia’s impact ecosystem, AVPN is committed to meet this challenge with clarity and purpose for the hundreds of millions of people whose futures depend on the region getting this right.

-END-

About AVPN

AVPN is Asia’s largest platform for social impact, where over 700 resource providers, innovators and intermediaries from across 43 markets collaborate to mobilise capital.  Grounded in deep regional expertise and partnerships, AVPN is building a thriving ecosystem that accelerates measurable progress toward inclusive growth, empowering Asia to lead the way in global impact. AVPN’s mission is to translate intent into impact by bringing together people, ideas, and resources for Asia. We do this by strengthening partnerships, fostering open collaboration, and enabling the coordinated flow of resources across markets and borders. Together with our community, AVPN is building a thriving impact ecosystem that drives a prosperous and inclusive Asia.

For more information about AVPN and our work, please visit our website and read our latest Annual Review.

 

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SOURCE AVPN

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

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October 19, 2026

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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

 

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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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October 19, 2026

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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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October 19, 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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