Press Release
GPAP Questions Pan Shiyi’s U.S. Legitimacy Network
Group says philanthropy, elite affiliations and iconic assets may help foreign billionaire families reshape public identity
WASHINGTON, D.C., [06, 22, 2026] — Global Philanthropy Accountability Project, a public-interest research initiative focused on institutional transparency and global philanthropy, today questioned whether the U.S. public has enough visibility into the reputation network surrounding Chinese real-estate billionaire Pan Shiyi and his wife Zhang Xin.
The organization said Pan and Zhang’s U.S. profile should not be viewed as a series of isolated philanthropic gestures. Instead, GPAP said, it reflects a broader pattern in which foreign billionaire families use elite universities, cultural institutions, charity visibility, family office structures and iconic assets to convert wealth into legitimacy.

“Pan Shiyi’s U.S. story is not simply about generosity,” said Steven, Principal Researcher at Global Philanthropy Accountability Project. “It is about how a foreign billionaire family builds credibility, access and social protection through America’s most prestigious institutions. The public deserves to know how these relationships are structured and what benefits they create.”
Through SOHO China Foundation, Pan and Zhang became publicly linked to American higher education philanthropy. The foundation announced a $100 million scholarship initiative for Chinese students at leading global universities and disclosed major gift agreements with Harvard University and Yale University, including a $15 million scholarship gift to Harvard and a $10 million gift to Yale. Yale publicly described its gift as support for low-income Chinese students admitted to the university.
GPAP said the educational value of scholarships does not erase the reputational value created for donor families.
“A gift to Harvard or Yale is never just a gift,” Steven said. “It places the donor inside a powerful symbolic system. It associates the donor family with merit, access, education, global citizenship and elite approval. That reputational value should be part of the public conversation.”
The organization said Pan and Zhang’s U.S.-facing reputation network extends beyond university philanthropy. Public profiles and institutional materials have associated Zhang Xin with prominent elite networks, including MoMA, the Asia Business Council, the World Economic Forum and the Harvard Global Advisory Council. Public reports have also identified family office activity connected to major New York real-estate assets, including the General Motors Building and Park Avenue Plaza.
“These connections matter,” Steven said. “Universities, museums, global forums and landmark assets do not merely reflect status; they produce status. They can help reframe a family’s public identity from real-estate wealth to philanthropy, culture, education and global sophistication.”
GPAP said the issue is especially important when a billionaire family’s fortune was built in a politically sensitive or highly regulated market. The organization said U.S. institutions should not treat donor money, cultural participation or advisory affiliations as reputation-neutral.
“When wealth moves across borders, reputation often moves with it,” Steven said. “Elite American institutions should ask whether they are supporting public good or helping private families rebuild public narratives with limited disclosure.”
Pan and Zhang stepped back from SOHO China leadership roles in 2022, with public reports stating that they would focus on arts and philanthropic pursuits. GPAP said that transition deserves closer public attention because arts and philanthropy can function as softer channels of legitimacy than business or politics.
“Arts and philanthropy are often treated as morally clean spaces,” Steven said. “But they can also serve as reputation infrastructure. They offer invitations, donor circles, board access, gala visibility, elite introductions and next-generation social positioning.”
The organization said it is not alleging criminal wrongdoing. Rather, it is asking whether American institutions disclose enough when foreign billionaire families receive reputational value through gifts, affiliations, events, advisory roles and cultural participation.
GPAP identified several questions that elite U.S. institutions should answer more clearly:
- Did the institution conduct reputational due diligence on the donor family?
- Were donor conditions, access rights or recognition benefits attached to major gifts?
- Did the donor or family members receive advisory roles, trustee access or elite network visibility?
- Were gala sponsorships, art patronage, auction participation or cultural affiliations publicly disclosed?
- Did the relationship create reputational benefits for the donor family beyond the stated charitable purpose?
- Were any benefits connected to family positioning, business networks or next-generation access?
“Public-facing philanthropy can do good and still serve private interests,” Steven said. “Both can be true. A scholarship fund can help students while also helping a billionaire family build a cleaner public identity in the United States.”
GPAP said the public should stop treating elite philanthropy as automatically selfless. Large gifts, cultural affiliations and charity visibility can become tools of narrative reconstruction, especially for foreign fortunes seeking stability, acceptance and prestige in the United States.
“Modern reputation-building is not crude,” Steven said. “It is not only about buying property or writing checks. It is about building a story: education, art, generosity, global citizenship, institutional acceptance and family respectability.”
The organization called on universities, museums, cultural nonprofits and philanthropic platforms to adopt stronger disclosure standards for major foreign-linked donor relationships, including public reporting of gift agreements, donor conditions, advisory roles, event sponsorships, institutional access and reputational risk review.
“Transparency is not anti-philanthropy,” Steven said. “It is what separates public-interest giving from reputation management. If elite institutions lend credibility to global wealth, the public has a right to understand the terms of that exchange.”
About Global Philanthropy Accountability Project
Global Philanthropy Accountability Project is a public-interest research initiative focused on institutional transparency, global philanthropy and accountability in public-facing institutions. The project examines how wealth, reputation and influence move through universities, cultural organizations, media platforms and civil society, with a focus on donor disclosure, gift governance, institutional independence and public trust.
Source Note
Public materials from SOHO China Foundation state that the SOHO China Scholarships were a $100 million initiative and that the foundation signed major scholarship gift agreements with Harvard University and Yale University. Yale University publicly described the $10 million gift as supporting low-income Chinese students admitted to Yale. Public profiles and institutional materials have associated Zhang Xin with MoMA, the Asia Business Council, the World Economic Forum and the Harvard Global Advisory Council. Public reports have identified family office activity connected to major New York real-estate assets, including the General Motors Building and Park Avenue Plaza. Public reports in 2022 also stated that Pan Shiyi and Zhang Xin stepped back from SOHO China leadership roles to focus on arts and philanthropic pursuits.
Media Contact
Julian Hayes
Global Philanthropy Accountability Project
media@gpaccountability.org
https://gpaccountability.org
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Malaysia’s AI Future Takes Centre Stage as World AI Show Returns for Its 48th Global Edition
Kuala Lumpur, 13 August 2026, ZEX PR WIRE — Artificial intelligence has moved beyond being an emerging technology to become a defining pillar of Malaysia’s economic and digital ambitions. As the country accelerates investments in AI infrastructure, sovereign cloud capabilities, and enterprise-wide transformation, the focus has shifted from experimentation to execution. Against this backdrop, World AI Show Malaysia returns for its 48th Global Edition on 9–10 September 2026 at DoubleTree by Hilton Kuala Lumpur, Malaysia, convening the policymakers, enterprise leaders, technology pioneers, investors, and innovators who are shaping the country’s next chapter of AI-led growth.
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Presented by Trescon, World AI Show Malaysia carries this year’s tagline, “Where Malaysia’s AI Decisions Get Made.” As the country transitions into a strategic AI hub for Southeast Asia and organisations across both the public and private sectors define their AI roadmaps, modernise digital infrastructure, and establish governance frameworks for responsible innovation, the event will provide an executive platform dedicated to meaningful dialogue, strategic partnerships, and commercially relevant outcomes.
The programme has been curated to address the opportunities and complexities surrounding enterprise AI adoption, sovereign cloud, intelligent infrastructure, cybersecurity, data governance, and responsible AI implementation. Over two days, attendees will engage through keynote addresses, executive panel discussions, fireside conversations, invitation-only boardroom sessions, technology showcases, curated networking engagements, and business meetings designed to facilitate knowledge exchange and cross-sector collaboration.
The conference will feature an impressive line-up of distinguished government and industry leaders, including:
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Budiman Bujang, Deputy Chief Digital Officer, Johor Corporation
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Ts. D. Jackson Raao, Principal Assistant Secretary, Ministry of Science, Technology and Innovation (MOSTI)
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Jamie Tan, Managing Director, JLL Malaysia
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Ganeshbabu Nagarajan, Executive Director – Transformation Programmes, Standard Chartered Bank
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Chua Yong Howe, Chief Digital Officer, UEM Edgenta Berhad
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Shahrin Oli Mohamed, Group Chief Technology Officer, Pos Malaysia Berhad
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Keeratpal Singh, Chief AI and Data Officer (APAC Financial Services), Worldline
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Dr. Sadesh Manikam, Executive Vice President, Enterprise Data Office & Data Protection Officer, Bursa Malaysia
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Ts. Zairil Anuar Ahmad, Chief Technology Officer, Co-opbank Pertama
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Ahmad Faiz, Head – Data & AI, Global Technology Unit, BASF
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Raunak Mehta, Chief Executive Officer, Igloo
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Muhammad Najib Masdan, Senior Vice President, Khazanah Nasional Berhad
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Ts. Narayanan Chidambaram, Head Project Engineering Pod (Technology & Digital PE&T – Digital Project Management) PETRONAS
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Mohamed Aafrin, Director of Engineering, DKSH
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Sudeep Srivastava, Head – KL IT Center SLB (Schlumberger)
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Hong H. Ong, Director of Digital Technology, Labuan Financial Services Authority
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Mohd Hanapi Bisri, Senior Digital Industry Leader- Oil & Gas
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Dario Bianchi, Chief Product Officer, Mindvalley
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G Saravanan, Chief Information Officer, National Cancer Society Malaysia
Reflecting on Malaysia’s AI trajectory, Ts. D. Jackson Raao, Principal Assistant Secretary, MOSTI, said:
“Malaysia is at a pivotal stage where artificial intelligence is becoming a key driver of national transformation. As we accelerate AI adoption across industries, our focus must remain on responsible innovation, robust governance, strong cybersecurity, and developing a future-ready talent ecosystem. By doing so, Malaysia is well-positioned to emerge as a trusted regional leader in safe and sustainable AI innovation.”
An ecosystem of public sector and technology organisations is supporting this year’s edition. CyberSecurity Malaysia joins as the Supporting Partner, reinforcing the importance of building a secure and trusted digital ecosystem.
Datadog joins as the Lead Sponsor, Magure as the Platinum Sponsor, Bitdeer AI as the Gold Sponsor, and Alibaba Cloud and Unison Consulting Sdn Bhd as Bronze Sponsors. The exclusive CXO Boardroom sessions will be powered by Zoom and Datadog, while CloudSpace will participate as an exhibitor, showcasing cloud and AI capabilities to enterprise decision-makers.
Designed exclusively for senior executives, government representatives, and technology leaders, World AI Show Malaysia 2026 will provide a platform where strategic priorities are translated into actionable partnerships, investment opportunities, and real-world AI deployments. As Malaysia continues to strengthen its position within the regional AI landscape, the summit is set to become a key meeting point for organisations shaping the future of intelligent enterprise across Southeast Asia.
CLAIM YOUR DELEGATE PASS: Click here
For sponsorship opportunities, speaking engagements, or attendance information, please contact:
Shrikanth Prabhu
Commercial Director
Email: prabhu@tresconglobal.com
Mobile: +91 8660115892
Media Contact:
Reeha Haris
Media & PR Executive
Email: reeha@tresconglobal.com
Mobile: +91 8848655312
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Phomemo Expands Tattoo Stencil Printer Solutions to Support Professional Artists Evolving Workflows
New York, New York, United States, 13th Aug 2026 – Phomemo, a global creative printing brand specializing in thermal printing solutions, has expanded its tattoo stencil printer lineup with two new solutions — the Phomemo TA81 Large-Format Tattoo Stencil Printer and Phomemo L85 Smart Touchscreen Tattoo Stencil Printer — designed to support the evolving needs of professional tattoo artists.
From large-scale body art preparation to everyday studio workflows, different tattoo projects require different printing solutions. While some artists prioritize portability and flexibility, others need tools that can handle full-length designs, customized layouts, and more efficient preparation processes.
Alongside established models including the M08F-WS and M08F Plus, Phomemo’s expanded tattoo printer lineup provides artists with multiple options based on their creative style, workflow, and studio needs.

Choosing the Right Tattoo Stencil Printer Matters
For tattoo artists, stencil preparation is an important step between digital design and the final artwork on skin. A reliable tattoo stencil printer can help artists maintain design accuracy, reduce preparation time, and create a smoother workflow before each session.
However, different tattoo styles create different challenges.
Artists specializing in fine details may prioritize clear and portable printing solutions, while those creating sleeves, back pieces, or large-scale compositions often face a different challenge: preparing oversized stencils without manually assembling multiple sections.
Phomemo’s tattoo stencil printer solutions are designed around these different creative scenarios.
Phomemo TA81: A Large-Format Tattoo Stencil Printer Built for Complex Designs

For artists who regularly create full sleeves, back pieces, legs, or other large-scale tattoo projects, stencil preparation can become one of the most time-consuming parts of the workflow.
Traditionally, oversized tattoo designs often require artists to print multiple stencil sheets, trim edges, align different sections, and carefully transfer the assembled design onto the skin. While this approach can work, maintaining accuracy across a large composition can add extra preparation steps and increase the risk of misalignment.
The Phomemo TA81 was designed to address this challenge with continuous, variable-length stencil printing.
Unlike standard sheet-based printing methods, the TA81 uses a roll-fed system that allows artists to print large tattoo designs in one continuous piece. For full sleeves, back pieces, spine designs, or other extended compositions, artists can create a complete stencil without manually cutting and joining multiple sections.
This one-piece printing workflow helps maintain design continuity and makes stencil preparation more efficient for complex tattoo projects.
Beyond size capability, the TA81 focuses on reducing waste during professional workflows. Its variable-length printing system allows artists to print only the required length for each design rather than relying on fixed-size sheets. For busy studios handling multiple projects, this can help optimize transfer paper usage during daily operations.
The TA81 also features Phomemo’s wrinkle-resistant printing technology, designed to help keep transfer paper flat during longer printing processes. Combined with an upgraded print head and edge-stabilizing design, the printer helps deliver consistent and clear stencil lines throughout the entire design.
With Bluetooth and USB connectivity support, the TA81 can connect with smartphones, tablets, laptops, and desktops across Android, iOS, Windows, macOS, and ChromeOS systems, giving artists flexibility when preparing designs.
Through the Phomemo App, artists can adjust designs, preview tattoo layouts, split large images, manage transfer settings, and prepare files before printing.
Phomemo L85: Smart Touchscreen Control for a More Customized Workflow

While large-scale artists may prioritize printing size and efficiency, other tattoo professionals look for a more interactive and customizable stencil preparation experience.
The Phomemo L85 is designed for artists who prefer a smarter workflow with direct control through an integrated touchscreen.
Featuring a 5-inch touchscreen with six language options, the L85 allows artists to manage printing tasks directly from the device. Functions such as template selection, brightness adjustment, print mileage tracking, battery information display, timer settings, sensor calibration, and self-testing can be accessed without relying entirely on another device.
For artists working with different tattoo styles and design formats, flexibility is also important. The L85 supports multiple print sizes, including Letter, A4, B5, A5, and additional width options, allowing artists to prepare different stencil layouts based on their projects.
The L85 also works with the Phomemo App ecosystem, providing creative and editing tools such as image transformation, tattoo extraction, line-art conversion, tattoo preview, and large-image splitting.
Optional AI-assisted features, including AI image generation and tattoo extraction, are designed to support artists during the preparation stage by helping explore ideas, refine concepts, and improve workflow efficiency — while keeping the artist’s own creativity and craftsmanship at the center of the design process.
Portable Tattoo Stencil Solutions: M08F-WS and M08F Plus

For artists who prioritize mobility, Phomemo also offers portable tattoo stencil printer solutions designed for flexible everyday workflows.
The Phomemo M08F-WS provides a lightweight wireless printing solution for artists who need a compact setup. Supporting Bluetooth connectivity and multiple operating systems, it allows artists to prepare tattoo stencils from smartphones, tablets, laptops, and desktops.
The Phomemo M08F Plus builds on this portable concept with a smarter touchscreen experience. Its built-in touchscreen supports functions including brightness adjustment, auto shutdown, calibration, and self-test printing, helping artists complete basic operations directly from the printer.
With thermal printing technology, both models eliminate the need for ink cartridges while providing a convenient solution for tattoo stencil preparation. Through the Phomemo App, artists can access editing tools, stencil generation, previews, and other workflow features designed to simplify the transition from digital artwork to physical stencil.
Choosing the Right Phomemo Tattoo Stencil Printer
Every tattoo artist has a different creative workflow, and the ideal tattoo stencil printer depends on the type of work being created. All can be found on Phomemo’s official site.
Artists working on large-scale compositions such as sleeves and back pieces may benefit from the Phomemo TA81’s continuous full-length printing capability.
Artists looking for a smart, customizable printing experience can explore the Phomemo L85 with touchscreen control and flexible print options.
Artists who need a portable solution for everyday stencil preparation can choose between the lightweight M08F-WS and the upgraded M08F Plus.
By developing tattoo stencil printers for different artistic scenarios, Phomemo continues to help tattoo professionals simplify preparation, improve efficiency, and focus more on the creative process.
About Phomemo
Phomemo is a global creative printing brand dedicated to making everyday printing simple, enjoyable, and accessible. Backed by over 12 years of expertise in thermal printing technology and trusted by over 40 million users worldwide, Phomemo continues to develop the evolution of smart printing. From home organization to global e-commerce, Phomemo lowers the barrier to professional results, enabling ideas and commerce to flow freely.
Media Contact
Organization: Phomemo
Contact Person: Alicia Chen
Website: https://phomemo.com
Email:
influencerscenter@phomemo.com
City: New York
State: New York
Country:United States
Release id:48084
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About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
SBCFX to Showcase Trading Innovation, Regional Growth Strategy, and Future Vision at iFX EXPO Asia 2026
Hong Kong, Hong Kong, August 13th, 2026, FinanceWire
SBCFX has announced its participation in iFX EXPO Asia 2026, one of the leading B2B exhibitions for the online trading, fintech, and financial services sectors.
Scheduled to take place on 8–9 October 2026 at the Hong Kong Convention and Exhibition Centre (HKCEC), the event is expected to attract a diverse range of industry stakeholders, including brokers, traders, investors, Introducing Brokers (IBs), affiliates, fintech companies, liquidity providers, and financial services professionals from across Asia and beyond.
As part of its ongoing international expansion strategy, SBCFX will showcase its integrated trading ecosystem, including the MetaTrader 5 (MT5) platform, multi-asset CFD trading capabilities, institutional-grade liquidity services, and its latest digital trading solutions. The company will also use the exhibition as a platform to share its growth strategy, technology roadmap, and long-term vision for the evolving global trading landscape.
“iFX EXPO Asia represents an important opportunity for SBCFX to strengthen its engagement with the Asian trading community and further expand its regional network,” said David, CEO of SBCFX.
“Our ambition is to become one of the most trusted global trading brands by bridging technology, education, and market access. We believe the future of online trading is not only about faster execution and better tools, but also about creating an ecosystem where traders, partners, and institutions can grow together. iFX EXPO Asia provides the perfect platform for us to share this vision and connect with the industry.”
Driving Innovation While Building a Sustainable Trading Ecosystem
Technology and innovation remain central to SBCFX’s long-term development strategy. The company continues to invest in digital infrastructure, trading technology, and client-focused solutions designed to enhance trading efficiency and improve user experience across global markets.
Alongside its trading services, SBCFX will soon introduce a new mobile trading application that will provide clients with convenient access to account management, market information, trading tools, and platform services through a unified interface. The upcoming launch reflects the company’s ongoing efforts to improve accessibility and streamline the trading experience for users worldwide.
Looking ahead, SBCFX remains focused on developing innovative solutions that support traders at every stage of their journey while strengthening connections between retail investors, institutional partners, and the broader financial ecosystem. By combining advanced technology with a client-centric approach, the company aims to create a smarter, more connected trading environment that adapts to the evolving needs of modern market participants.
During the two-day event, SBCFX representatives will engage with prospective clients, Introducing Brokers, institutional partners, and technology providers to explore strategic collaborations and support the company’s continued growth across Asia.
Meet SBCFX at Booth 37
SBCFX welcomes individual traders, Introducing Brokers, affiliates, fintech firms, liquidity providers, institutional investors, and technology partners to visit Booth 37 and learn more about the company’s products, services, and strategic development plans.
Visitors to the booth will have the opportunity to meet members of the SBCFX team, explore the company’s latest initiatives, and receive a selection of exclusive SBCFX promotional gifts and event merchandise available throughout the exhibition while supplies last.
To facilitate more in-depth discussions and personalised consultations, attendees are encouraged to schedule a one-on-one meeting with the SBCFX team in advance via the following booking link:
https://forms.cloud.microsoft/r/QwRd66ZmQa
Event Details
Event: iFX EXPO Asia 2026
Date: 8–9 October 2026
Time: 10:00 AM – 6:00 PM
Venue: Hong Kong Convention and Exhibition Centre (HKCEC), Hong Kong
Booth: 37
For media enquiries or further information, please contact SBCFX at cs@sbcfx.com.
About SBCFX
SBCFX is a global financial services provider committed to delivering innovative online trading solutions supported by advanced technology, institutional-grade liquidity, and exceptional client service. Through continuous investment in technology, regulatory compliance, and strategic partnerships, SBCFX provides access to a wide range of global financial markets while empowering traders, Introducing Brokers, affiliates, and institutional partners to achieve long-term success.
With a vision to become a trusted global brokerage, SBCFX remains dedicated to transparency, innovation, and sustainable growth, delivering world-class trading solutions to clients around the world.
Contact
Marketing Executive
Kit Cheung
SBCFX
marketing@sbcfx.com
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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