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Mitrade Names Timur Konsky EU CEO to Lead European Retail Expansion as Group’s Global Trading Volume Surges 148%

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LIMASSOL, Cyprus, Aug. 20, 2026 /PRNewswire/ — Mitrade EU Ltd has appointed Timur Konsky CEO to lead its next growth phase in European retail trading, building on momentum across the Mitrade Group. In the first seven months of 2026, the Group’s active trading clients grew by more than half, while total lots traded increased 148.4% compared with the same period in 2025.

Konsky brings more than two decades of fintech experience across European markets, spanning product development, marketing and leadership within regulated brokerages. His leadership philosophy centres on staying close to day-to-day operations and drawing on first-hand insight from product, compliance and client-facing teams, particularly in European markets where trading behaviours and expectations vary by country.

European policymakers are seeking to broaden retail participation in capital markets while preserving strong investor protection. At the same time, firms offering complex products such as CFDs are facing increasing scrutiny over how these products are distributed to retail clients. As part of a 2026 common supervisory action, CySEC will examine conflicts of interest involving digital platforms, staff remuneration and the distribution of investment products. That scrutiny turns client focus from a marketing claim into an operating test.

“‘Trader-centric’ is one of the most overused phrases in brokerage marketing. That claim only carries weight if a growing company can continue to understand and respond to what traders need. Europe may share a regulatory framework, but it is not a single retail market. Each country has its own market dynamics, trading habits, product preferences and expectations around pricing, support and credibility,” said Timur Konsky, CEO of Mitrade EU Ltd.

“At Mitrade EU, that means maintaining a direct feedback loop between traders and the teams shaping the product, using those insights to adapt market by market and allowing the product to speak for itself. Scale also brings responsibility. The reality is that 80% of retail investor accounts lose money when trading CFDs with us. That risk warning is mandatory, but responsible communication should go beyond a disclosure. It means being willing to tell traders what they may not want to hear. That risk-management tools have limitations, that losses can exceed expectations, and that not every market condition or product is right for every trader. Ultimately, growth should never distract from the fundamental purpose of a broker: understanding what traders need and building an experience around those needs.”

Building on the group’s rapid global growth and established international presence, Mitrade EU will initially prioritise Germany as it expands across Europe. Feedback across the full German client journey, from onboarding and cost information to platform use, risk management and support, will guide local product decisions and inform the company’s expansion into other European markets.

About Mitrade

Mitrade is a CFD trading platform operating in eligible EEA markets through Mitrade EU Limited, a CySEC-authorised investment firm (CIF438/23). Other entities within the international group are regulated by ASIC (AFSL398528), CIMA (SIB1612446), FSCA (FSP54842), FSC (GB20025791), and CMA (20200000397).

Globally, the brand connects 7M+ traders to 1,000+ CFDs on indices, forex, commodities, shares, ETFs and more. The platform is designed to provide fast execution, flexible leverage, competitive spreads and an intuitive interface accessible across multiple devices.

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Visit https://www.mitrade.eu for more information.

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CX Summit 2026 returns Bigger and Bolder.

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Malaysia’s premier customer experience summit brings more industries into the room than ever.

KUALA LUMPUR, Malaysia, Oct. 12, 2026 /PRNewswire/ — The 11th Customer Experience (CX) Summit is set to return to Kuala Lumpur this November, bringing together CX leaders, business executives, innovators, and transformation champions from across the region.

Organized by CX Malaysia, this year’s Summit carries the theme “CX – Connected by Intelligence”, exploring how organizations can harness the combined power of Artificial Intelligence, Human Intelligence, and Business Intelligence to deliver exceptional customer experiences in an increasingly connected world.

Renowned as one of Malaysia’s leading CX gatherings, the Summit will feature compelling thought leadership, real-world transformation stories, practical case studies, and the latest innovations shaping the future of customer experience. Delegates can expect valuable insights from industry pioneers, global experts, and leading organizations that are redefining how customers engage with brands.

A major highlight of the Summit will be the unveiling of the 3rd Edition of The State of CX in Malaysia Report, including the announcement of the Top 100 CX Brands in Malaysia and the 2026 National CX Index. The Summit will also showcase some of Asia’s most inspiring CX transformation journeys through its exclusive “Best of Asia” CX Transformation Stories segment.

“This year’s CX Summit is not to be missed,” said Vigneswaran Sivalingam, President of CCAM and Chairperson of CX Malaysia. 

“CX Summit has evolved beyond being a conference. It is where the Malaysian CX community comes together to learn, collaborate, and turn ideas into action. The future of customer experience will not be defined by technology alone, but by how effectively organizations connect intelligence, empathy, and execution.”

With a strong lineup of speakers, strategic partners, and industry-leading sponsors, CX Summit 2026 is expected to be the largest and most impactful edition to date, reinforcing Malaysia’s growing position as a leading hub for customer experience excellence in the region.

Event Details
Date: 25-26 November 2026
Venue: Sunway Resort Hotel, Kuala Lumpur
Website: https://cxsummit.com.my/register-2/

For registration and enquiries, please visit https://cxsummit.com.my/register-2/

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/cx-summit-2026-returns-bigger-and-bolder-302903311.html

SOURCE Contact Centre Association of Malaysia (ccam)

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Yude Solar and SEDAYUSolar Form Strategic Joint Venture to Develop Solar Projects in Indonesia

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JAKARTA, Indonesia, Oct. 12, 2026 /PRNewswire/ — Yude Solar Technologies (“Yude Solar”), a subsidiary of GoodWe Group, and PT Selaras Daya Utama (“SEDAYUSolar”), an established Indonesian solar engineering, procurement and construction (EPC) company, announced on October 6 a strategic joint venture to develop, invest in, build and operate commercial and industrial (C&I) and utility-scale solar projects across Indonesia.

The partnership combines Yude Solar’s international project development, investment and technology capabilities with SEDAYUSolar’s local EPC experience and market expertise. Together, the companies aim to establish an integrated platform covering the solar project lifecycle—from development and financing through engineering, construction and long-term operation.

Businesses and energy-sector partners interested in exploring solar development and investment opportunities in Indonesia can learn more atwww.yudesolar.com.

Combining Global Scale with Local Expertise

The joint venture will focus on C&I rooftop solar, ground-mounted systems and larger utility-scale projects across Indonesia. The partners will also explore the integration of battery energy storage systems (BESS) where appropriate to improve renewable energy utilization and strengthen energy resilience.

Yude Solar has developed and commissioned more than 3 GW of residential and C&I solar projects, while SEDAYUSolar, established in 2009, has delivered more than 250 solar projects across Indonesia.

By combining Yude Solar’s development, investment and technology capabilities with SEDAYUSolar’s local engineering and execution experience, the joint venture aims to create a scalable platform connecting project development, capital, technology, EPC execution and long-term operations.

Executive Perspectives

“This partnership represents an important step in Yude Solar’s international development,” said Bryan Bao, Chief Executive Officer of Yude Solar. “By combining our project development, investment and technology capabilities with SEDAYUSolar’s strong local expertise and execution experience, we aim to build a long-term platform that can support the development of high-quality solar projects across Indonesia.”

“For more than 17 years, SEDAYU has been committed to developing reliable and sustainable solar energy solutions for Indonesia,” said Fendi Liem, Founder & CEO of SEDAYUSolar. “Our partnership with Yude Solar brings together local knowledge and execution capabilities with investment, technology and international project development experience. We believe this collaboration can create long-term value for customers and partners across Indonesia.”

“Indonesia is a strategic renewable energy market for Yude Solar and an important part of our long-term expansion in Southeast Asia,” said Milan Koev, General Manager Southeast Asia of Yude Solar. “Our objective is not simply to build individual projects, but to establish a sustainable platform capable of developing, financing, constructing and operating a portfolio of C&I and utility-scale solar assets.”

About Yude Solar

Yude Solar Technologies, a subsidiary of GoodWe Group, was established in 2021 and is one of China’s leading rooftop solar developers. The company operates across more than 20 provinces in China and has developed and commissioned more than 3 GW of residential and C&I solar projects. Yude Solar is expanding across Southeast Asia through solar project development, investment, energy storage and smart energy solutions.

For more information, please visit www.yudesolar.com.

About SEDAYUSolar

PT Selaras Daya Utama (SEDAYUSolar) is an Indonesian renewable energy EPC company established in 2009. The company has delivered more than 250 solar projects across Indonesia, with experience spanning C&I rooftop solar, utility projects, off-grid and hybrid power systems.

For more information, please visit www.sedayu.com.

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SOURCE Yude Solar Technologies

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PFPFA Raises S$100,000 for The Straits Times School Pocket Money Fund at Charity Night 2026

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SINGAPORE, Oct. 12, 2026 /PRNewswire/ — PFPFA Pte Ltd (“PFPFA”), the financial advisory arm of SingWealth Holdings Pte Ltd (“SingWealth”), continued its longstanding support for The Straits Times School Pocket Money Fund (STSPMF), raising S$100,000 during its Annual Charity Night held on 10th October 2026 at SAFRA Toa Payoh, underscoring its commitment to making a meaningful difference in the community.

The funds raised build on PFPFA’s multi-year support for the cause, helping children and youths from lower-income families cover essential schooling expenses.

Themed “Beyond Giving, Towards Change,” Charity Night 2026 brought together PFPFA’s wealth associates, employees and business partners around a shared purpose through a night of inspiring stories, meaningful conversations, and live performances.

As PFPFA enters its fifth year in 2026, Charity Night serves as a meaningful reflection of the firm’s journey and its continued commitment to giving back. Beyond marking this milestone, it reinforces PFPFA’s belief that progress is measured not only by business achievements, but also by the positive impact it creates within the wider community.

Mr Jeffrey Chow, Chief Executive Officer of PFPFA, said: “Giving back has always been an important part of our journey. Over the years, our relationship with STSPMF has grown, and we are grateful to continue supporting its efforts to help children and youths from lower-income families. ‘Beyond Giving, Towards Change’ reflects our belief that making a difference goes beyond a single occasion. It is about coming together, giving consistently and creating a positive impact that lasts.”

PFPFA’s commitment to the community extends beyond its longstanding partnership with STSPMF. In August 2026, PFPFA participated in a Group-wide corporate social responsibility initiative organised by SingWealth Holdings in collaboration with MINDS Regional Hub (Queenstown), which included an excursion to River Wonders for its beneficiaries.

Through Charity Night and year-round community initiatives, PFPFA continues to turn its commitment into meaningful action, supporting positive impact across local communities.

About PFPFA Pte Ltd

Established in 2020 and licensed by the Monetary Authority of Singapore (MAS) in January 2021, PFPFA Pte. Ltd. has grown into a well-recognised financial advisory firm in Singapore. Offering a comprehensive suite of services—including investment advisory, insurance solutions, and estate planning and business succession planning—PFPFA is committed to supporting individuals, families, and businesses in making informed long-term financial decisions.

At PFPFA, we believe in fostering lasting relationships built on trust, expertise, and a deep understanding of our clients’ evolving financial goals. With a commitment to excellence and innovation, we empower clients to navigate their financial futures with confidence.

PFPFA Pte Ltd is a wholly owned subsidiary of SingWealth Holdings Pte Ltd.

For more information, visit www.pfp-fa.com.

For more information about SingWealth Holdings Pte Ltd, visit www.singwealthholdings.com.

The Straits Times School Pocket Money Fund (STSPMF)

The Straits Times School Pocket Money Fund (STSPMF) was started in 2000 as a community project initiated by The Straits Times that provides pocket money to children from low-income families to help them through school.

Since the project inception in 2000, STSPMF has helped more than 230,000 cases of children and youths in need and disbursed more than $110m. They come from families whose per capita gross monthly household income is not more than $1000. Funds raised go towards school pocket money disbursements and support of the social and educational development of the children and youths. 

A primary school pupil receives $65 a month, while a secondary school pupil receives $100 a month. Students from ITE, Junior Colleges and Polytechnics receive $125 a month.

STSPMF was established as a Trust on 20 October 2010 and received charity status on 14 November 2011 with Institution of A Public Character (IPC) status effective from 1 January 2012. It is governed by a Board of Trustees. It was awarded the Charity Transparency Award 2022 for the fund’s good transparency and governance standards. For more information, please visit www.spmf.org.sg

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SOURCE PFPFA Pte Ltd

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