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CGTN: Five decades on, China and Malaysia to accelerate building a community with a shared future

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BEIJING, June 19, 2024 /PRNewswire/ — Construction of the East Coast Rail Link (ECRL), a mega rail project under the Belt and Road Initiative in Malaysia being built by the China Communications Construction Company, is in full swing. 

The project, 60 percent of which was completed in March, is expected to greatly enhance connectivity and bring more balanced growth to Malaysia by linking its less-developed region on the east coast to the economic heartland on the west coast upon completion.

China is willing to work with Malaysia to steadily advance the construction of major projects, such as the East Coast Rail Link and the “Two Countries, Twin Parks” project while expanding the scale of trade and investment and promoting cooperation, Chinese Premier Li Qiang said on Wednesday while meeting with Malaysian Prime Minister Anwar Ibrahim. Li is on an official visit to Malaysia from June 18 to 20.

China’s model of partnership featuring amity, sincerity, mutual benefit and inclusiveness is no doubt a refreshing alternative brought to the table of multilateral cooperation in Southeast Asia. The dividends accrued were translated into a tailwind upon which the BRI is riding to triumph in the region where Malaysia is one of the key beneficiaries, Ong Tee Keat, president of the BRI Caucus for Asia Pacific and former transport minister of Malaysia, wrote in an article published on Wednesday.

China has been Malaysia’s largest trading partner for 15 consecutive years, and Malaysia has long been China’s second-largest trading partner in the Association of Southeast Asian Nations (ASEAN). 

Last year, Chinese President Xi Jinping and Prime Minister Anwar reached an important consensus on jointly building a ChinaMalaysia community with a shared future.

During Li’s visit, China and Malaysia agreed to accelerate building a ChinaMalaysia community with a shared future, maintain close high-level exchanges and deepen cooperation in various sectors. The two sides also agreed to promote the high-quality implementation of the Regional Comprehensive Economic Partnership and conclude the negotiations for version 3.0 of the China-ASEAN Free Trade Area as soon as possible.

Strengthening people-to-people bonds

This year marks the 50th anniversary of the establishment of diplomatic relations between China and Malaysia and the “China-Malaysia Friendship Year.” The past 50 years have seen China and Malaysia tightening people-to-people bonds.

In 2023, Malaysia received around 1.4 million Chinese tourists, making Chinese tourists one of the top six inbound tourist groups to the country. The recent visa-free travel waiver has significantly boosted people-to-people exchanges. “We are positive about reaching over 5 million tourists from China,” said Tourism Malaysia Director-General Manoharan Periasamy in April.

During the visit, Li also called on the two sides to deepen people-to-people and cultural exchanges in areas such as culture, tourism and education, as well as between the youths of the two nations and at the subnational level to further facilitate personnel exchanges between the two countries.

https://news.cgtn.com/news/2024-06-19/China-Malaysia-to-step-up-building-a-community-with-a-shared-future-1uyN4pXEwF2/p.html

View original content:https://www.prnewswire.com/news-releases/cgtn-five-decades-on-china-and-malaysia-to-accelerate-building-a-community-with-a-shared-future-302177450.html

SOURCE CGTN

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BC Token Hits $0.02, Setting a New All-Time High

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$BC has risen nearly 70% since April as BC Engine continues to expand the token‘s utility across the BC.GAME ecosystem

BELIZE CITY, Belize, July 22, 2026 /PRNewswire/ — BC Token ($BC), the ecosystem token of BC.GAME, reached $0.02 on July 23, setting a new all-time high and extending its recent upward price movement.

According to CoinGecko, $BC reached the $0.02 milestone after moving steadily into a higher price range over the past several weeks. The token previously recorded a high of around $0.01561 on July 17 before continuing its upward movement.

Compared with its price of approximately $0.01181 on April 12, $BC has increased by nearly 70%. The latest milestone is also part of a series of new price records reached by the token since the launch of BC Engine in April.

Alongside the price growth, BC.GAME has continued to expand the practical use of $BC across its platform ecosystem.

Through BC Engine, users can allocate eligible $BC to the platform’s reward system and receive BCD rewards distributed on an hourly basis. Users can also view their allocated tokens, accumulated rewards and participation data directly through the BC Engine interface.

The system is designed to connect $BC participation with activity generated by products and partners across the wider BC.GAME ecosystem.

BC Originals, Croco Gaming and sports betting technology provider BETBY have already been integrated as Engine Nodes. Contributions from participating products and partners help support the BC Engine reward pool, creating a direct connection between platform activity, user participation and token utility.

“Reaching $0.02 is an important milestone for $BC, but price is only one part of the ecosystem’s continued development,” a BC.GAME spokesperson said. “Our focus remains on expanding the token‘s practical uses and connecting it more closely with products, rewards and user participation across the platform.”

The $BC ecosystem also includes separate buyback and token-burning mechanisms.

A portion of the tokens acquired through BC.GAME’s ongoing buyback activity may be redistributed to eligible active users through features such as Instant Bonus. The buyback programme operates separately from the token-burning mechanism.

Token burning is primarily connected to the BC Engine unlocking process. When users unlock $BC less than seven days after allocating it to BC Engine, 1% of the unlocked amount is permanently burned. Users who wait at least seven days can unlock the full amount without triggering a burn.

BC.GAME plans to introduce additional products and Engine Nodes while continuing to improve the visibility of reward distributions, token burns and other related on-chain activity.

The platform will also explore further uses for $BC across original games, sports betting and digital-asset reward experiences as the ecosystem continues to develop.

More information about BC Engine and the $BC ecosystem is available at bc.game/bc.

View original content to download multimedia:https://www.prnewswire.com/news-releases/bc-token-hits-0-02–setting-a-new-all-time-high-302832793.html

SOURCE BC.GAME

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BinBase Enhances 2026 USA BIN Intelligence for Durbin Compliance, Debit Network Routing, and Level 2/3 Interchange Savings

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BinBase updates its US payment dataset with advanced Durbin Regulation flags, ATM/Debit network routing indicators, and Level 2/3 commercial card markers to help merchants significantly reduce processing fees.

MIAMI, July 22, 2026 /PRNewswire-PRWeb/ — BinBase, a leading provider of card issuing and payment analytics data, has announced major US-focused updates to its 2026 BIN Database. Designed specifically for payment facilitators (PayFacs), US acquiring banks, and enterprise e-commerce merchants, the updated dataset targets one of the largest operational costs in payment processing: transaction interchange fees.

In the competitive US payment ecosystem, a fraction of a percent in interchange savings translates to millions of dollars for merchants. BinBase provides the exact data needed for dynamic cost-optimizing routing.

Processing credit and debit cards in the United States requires navigating complex regulatory framework and network rules. A critical element is the Durbin Amendment, which caps interchange fees on debit cards issued by regulated US banks (institutions with $10 billion or more in assets). Without precise, updated BIN-level data, payment gateways frequently misidentify unregulated cards, leading to suboptimal routing and higher processing fees.

The updated BinBase dataset addresses this challenge by providing dedicated attributes for US processing optimization:

Durbin Regulation Identification: Instant Y/N status markers allowing payment gateways to dynamically detect US regulated debit cards and apply appropriate cost structures.US Debit & ATM Network Routing: Granular routing indicators for major US PIN-debit and PINless networks, including STAR, NYCE, Pulse, and Accel, empowering payment routing engines to choose the most cost-effective path.Commercial Data Eligibility (Level 2 / Level 3): Precise identification of corporate, business, and purchasing cards eligible for Level 2/3 line-item processing, helping B2B merchants lower interchange rates on corporate transactions.Personal vs. Commercial Usage Classification: Clear distinction between consumer and corporate card ranges to prevent fee misclassification at checkout.

“In the competitive US payment ecosystem, a fraction of a percent in interchange savings translates to millions of dollars annually for high-volume merchants,” said a spokesperson for Damiko Inc. “By combining Durbin status with US debit network data and extended 8-to-11-digit precision, BinBase provides payment engineers with the exact surgical data needed to build smart, cost-optimizing routing engines.”

To evaluate the US-specific data attributes and test integration compatibility, developers can inspect the schema and download the free 2026 sample dataset on GitHub.

For complete commercial licensing, custom data exports, and enterprise integration details, visit BinBase at https://binbase.com.

About Damiko Inc

Damiko Inc is a US-based fintech data provider specializing in card issuer analytics, payment routing data, and global BIN database solutions. Operating through its flagship product, BinBase.com, the company supplies high-precision transaction intelligence to help merchants and payment facilitators worldwide optimize approval rates and mitigate processing fees.

Media Contact
Fedor Lavrikoff, BinBase, 1 7866133333, sales@binbase.com, www.binbase.com

View original content:https://www.prweb.com/releases/binbase-enhances-2026-usa-bin-intelligence-for-durbin-compliance-debit-network-routing-and-level-23-interchange-savings-302829300.html

SOURCE BinBase

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InfiMotion Technology Makes Public Debut, Showcasing Full-Stack E‑Drive Capabilities at Wuxi Event

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WUXI, China, July 22, 2026 /PRNewswire/ — InfiMotion Technology (InfiMotion), a global innovator in intelligent e‑drive systems, hosted a technology showcase event in Wuxi on July 16, marking its first public appearance as an independent supplier to the global automotive industry. The event demonstrated the company’s end‑to‑end capabilities spanning global R&D, extreme validation, and micron‑precision manufacturing – solidifying its position as a rising force in the new‑energy vehicle (NEV) drivetrain sector.

“Let the world know InfiMotion” said Joe Lin, CEO of InfiMotion Technology. “We have spent years perfecting our e‑drive technology for leading global automakers, and we are now ready to stand on our own as a trusted partner for the wider market.”

Cloud-Synced Global R&D: Engineering Without Borders

InfiMotion’s R&D network spans Wuxi, Shanghai, Ningbo, Hangzhou, and Gothenburg, with over 1,000 engineers – including a Swedish team of over 100 people – collaborating in real time via the cloud. This global footprint is built around real-world extremes: high-load endurance on European autobahns, Nordic cold starts, and tropical full-load operation in Southeast Asia – scenarios that directly shape InfiMotion’s globalization DNA.

A Track Record of Industry “Firsts”

InfiMotion’s technical pedigree speaks for itself:

2021: Pioneered China’s first self-developed 400V SiC EDU for ZEEKR 001.2024: Launched the world’s first 11-in-1 domain-controlled EDU, achieving over 90% CLTC efficiency on a 400V IGBT platform.2025: Released the world’s first mass-produced magnesium-aluminum alloy dual-motor EDU and the world’s first 900V high-performance magnesium-alloy coaxial EDU – delivering 5,200 Nm peak torque at just 77 kg net weight.

The company has also pioneered Umini-pin winding, 0.2mm ultra-thin silicon steel laminations, embedded and three-level PCM technologies, and is leading the formulation of industry standards for amorphous alloy materials.

Tested to the Extreme – Certified for Global Trust

InfiMotion adheres to ASPICE Level 3 processes and ASIL-D (ISO 26262) certification. Its validation system includes temperature cycling from -60°C to 140°C, 1,500-hour salt-spray tests, and 2,500-hour comprehensive endurance runs – with over 9,000 individual test items required for one European premium brand. The company’s CNAS-accredited testing center houses the world’s first 30,000 rpm motor test bench.

Manufacturing at Micron-Level Precision

InfiMotion operates five smart manufacturing bases across China (Wuxi, Hangzhou, Ningbo, Quzhou, and Jiaxing), with motor line automation reaching 95%. SMT accuracy is held to ±25μm, measurement instruments resolve down to 0.1μm, and an AI-driven visual inspection system detects defects as small as 20μm.

From Wuxi to the World

Today, InfiMotion supplies e-drive systems across the full voltage spectrum (400V–900V) for all vehicle classes, from A0 to supercars. Its global network spans China, Europe, and Malaysia, with vertical integration from key components to complete system. In the first half of 2026, the company ranked among China’s top three suppliers for both motor and inverter shipments, with volume production already serving Geely, Volvo, and JLR.

The InfiMotion Era Has Just Begun

As the global NEV industry undergoes profound transformation, InfiMotion remains committed to full-stack in-house R&D, global collaborative synergy, and open-win partnerships – delivering proven, traceable, and mass-producible Chinese e-drive solutions to the world.

About InfiMotion Technology

InfiMotion Technology is a global leader in the R&D and manufacturing of advanced electric drive systems and components for new energy vehicles. Committed to innovation, performance, and sustainability, InfiMotion provides comprehensive solutions empowering automakers to create the next generation of efficient, powerful, and intelligent electric vehicles.

For more information, please visit: www.infimotion.com

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