​Helical Fusion Named a Final Candidate for Japan’s METI Fusion Power Demonstration Program

Image of Helix HARUKA, Helical Fusion’s Integrated Demo Device(left), and Helix KANATA, Helical Fusion’s Fusion Pilot Plant(right)

Milestone-based government program supports multiple fusion approaches toward power demonstration and commercialization

TOKYO, Sept 1 (Bernama-BUSINESS WIRE) -- Helical Fusion Co., Ltd., a fusion energy company developing a Helical Stellarator toward commercially viable fusion power, has been named a final candidate for Japan’s Ministry of Economy, Trade and Industry (METI) program supporting the demonstration of fusion power generation.

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The program is designed to accelerate fusion power demonstration in the 2030s under Japan’s national energy and fusion strategies. It supports private-sector technology development across multiple fusion approaches, including tokamak, stellarator and laser fusion, with approximately JPY 60 billion in total government support anticipated over the three years through 2028.
The amount to be awarded to Helical Fusion will be announced following the formal grant decision.

For Helical Fusion, the selection represents an important step in advancing the Helix Program, its development roadmap toward fusion power generation in the 2030s.

Japan Accelerates Fusion from Research toward Industrial Deployment

Japan has strengthened its commitment to fusion energy as both a next-generation energy source and a strategic industry.

Under Japan’s national fusion strategy, the government aims to achieve fusion power demonstration in the 2030s while encouraging the development of multiple technological approaches. The METI program supports private-sector developers pursuing this goal through a milestone-based framework, under which progress is evaluated against defined technical and commercialization objectives.

The program calls for projects not only to demonstrate the technical feasibility of fusion power generation, but also to establish fundamental knowledge required for future commercial power plants. Safety, appropriate safety measures and engagement with host communities are also incorporated into the framework.

Against this backdrop, Helical Fusion is advancing a development strategy centered on the requirements that ultimately determine whether fusion can function as a power plant: steady-state operation, net electricity generation and maintainability.

Why Helical Fusion Is Pursuing the Stellarator

Helical Fusion is developing a Helical Stellarator, building on approximately 70 years of Helical Stellarator research and engineering in Japan.

Unlike pulsed approaches, the Helical Stellarator is designed for inherently steady-state operation. Helical Fusion believes this architecture offers a credible path toward simultaneously achieving the three requirements essential for commercially viable fusion power:

* Steady-state operation — stable operation capable of supporting continuous electricity generation
* Net electricity — generating sufficient electricity to deliver net power outside the plant
* Maintainability — enabling maintenance necessary to achieve high plant availability

The company was founded in 2021 as a spin-out leveraging research originating from Japan’s National Institute for Fusion Science (NIFS), one of the world’s leading research institutions in stellarator fusion.

NIFS has accumulated extensive experimental knowledge through the Large Helical Device (LHD), including plasma operation lasting 3,268 seconds, plasma temperatures exceeding 100 million degrees Celsius, and advanced plasma control technologies.

Helical Fusion is translating this scientific foundation into engineering and hardware through the Helix Program.

The Helix Program: From Integrated Demonstration to Fusion Power

The Helix Program is Helical Fusion’s roadmap toward commercially viable fusion power in the 2030s.

The company is first developing and demonstrating two critical technology systems: high-temperature superconducting (HTS) magnets and an integrated blanket/divertor system.

These technologies will be brought together in Helix HARUKA, the Integrated Demonstration Device, followed by Helix KANATA, the company’s first power-generating fusion plant.

Manufacturing and construction for the HTS magnet demonstration using Helix HARUKA are already underway in Helical Fusion’s dedicated workspace on the NIFS campus in Toki, Gifu Prefecture.

More than 30 companies across Japan are already contributing to the development of key components for Helix HARUKA. They include manufacturers with world-class precision machining and engineering capabilities, companies with deep expertise in integrating and refining complex technologies, and some of Japan’s leading heavy electrical equipment manufacturers with decades of experience in large-scale energy infrastructure.

By bringing together these industrial capabilities with Japan’s accumulated expertise in stellarator research, Helical Fusion is building an engineering and manufacturing foundation for commercially viable fusion power.

Comment from Takaya Taguchi, Co-Founder & CEO of Helical Fusion

“As global competition to bring fusion energy into real-world use accelerates, we believe Japan has reached a critical moment: one where we must make the fullest use of the outstanding knowledge and technological capabilities built by generations before us, while at the same time evaluating the best path forward from first principles.

When we focus on what it truly takes to make fusion energy a reality, we are convinced that developing the Helical Stellarator has an essential role to play.

We strongly support the purpose of this program and its commitment to advancing the deployment of fusion energy ahead of the world. As one team, we will dedicate ourselves fully to delivering on that ambition.”

About Helical Fusion

Helical Fusion Co., Ltd. is developing a Helical Stellarator to realize commercially viable fusion power. Founded in 2021 as a spin-out leveraging research originating from the National Institute for Fusion Science (NIFS), the company is building on decades of Japanese stellarator research while integrating technologies from industry, academia and public research institutions.

Through the Helix Program, Helical Fusion is developing the technologies required for steady-state operation, net electricity generation and maintainability, with the goal of advancing fusion power generation in the 2030s.

The company is currently manufacturing and constructing key systems for Helix HARUKA, its Integrated Demonstration Device, in collaboration with more than 30 industrial partners across Japan.

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Contact

Media Contact
Communication Design Office
Helical Fusion Co., Ltd.
contact@helicalfusion.com 

Source : Helical Fusion Co., Ltd. 

--BERNAMA 

CGTN: China-Egypt Ties Deepen Through Trade, Investment

KUALA LUMPUR, Sept 3 (Bernama) -- China-Egypt cooperation has expanded beyond major industrial projects to encompass broader trade, investment and strategic ties, with the Suez Economic and Trade Cooperation Zone emerging as a key example of bilateral economic collaboration, according to an article published by China Global Television Network (CGTN).

A decade after the launch of its second phase, the China-Egypt TEDA Suez Economic and Trade Cooperation Zone has grown into an industrial cluster of nearly 200 companies, creating about 10,000 jobs and attracting cumulative investment of more than US$4.7 billion, according to CGTN in a statement. (US$1=RM4.03)

The zone hosts companies in building materials, petroleum equipment, electrical equipment and machinery, linking China’s Belt and Road Initiative with Egypt’s development strategy for the Suez Canal Corridor.

The development reflects a broader evolution in bilateral ties from individual infrastructure projects towards cooperation spanning investment, employment and markets. During talks with Egyptian President Abdel Fattah El-Sisi recently, Chinese President Xi Jinping called for deeper cooperation and continued efforts to build a China-Egypt community with a shared future.

The Suez zone has also expanded into solar projects and circular economy initiatives, while Chinese-invested projects have supported Egypt’s power supply and provided training for local workers. At a joint venture between China XD Electric and Egyptian-owned EGEMAC, Egyptian employees account for 97 per cent of the workforce.

Trade is increasingly flowing in both directions, with China’s trade with Egypt reaching 95.19 billion Chinese yuan (US$14.16 billion) in the first seven months of 2026, up 18.7 per cent year on year. Chinese exports to Egypt rose 17.5 per cent, while imports from Egypt increased 49.4 per cent. 

Agricultural products have been a key driver of Egyptian exports to China, with Chinese imports of Egyptian agricultural products rising 82.6 per cent in the first seven months of 2026. Egypt was China’s largest source of frozen strawberries and third-largest source of flax during the period, while fresh Egyptian oranges are also gaining traction among Chinese consumers.

The two countries are marking 70 years of diplomatic ties, with cooperation extending into culture, education, science and technology, health and other fields. Egypt’s position as a major Arab and African country also gives the relationship broader regional significance, including through coordination in multilateral frameworks such as the United Nations and BRICS.

The partnership comes amid persistent instability in the Middle East, with Xi calling for greater regional autonomy in security, comprehensive approaches to regional hotspots, development to underpin security and stronger international coordination.

-- BERNAMA

Coastal Protection Begins with Awareness: Yayasan PETRONAS Brings Communities and Students Together at Seberang Takir, Terengganu

TERENGGANU, Sept 2 (Bernama) -- Yayasan PETRONAS brought together volunteers and local communities at Pantai Seberang Takir to raise awareness of coastal protection and foster a shared responsibility for safeguarding Malaysia’s marine ecosystems.

In collaboration with the Terengganu State Education Department (JPNT), Kuala Terengganu City Council (MBKT), Green Growth Asia Foundation (GGAF) and the Seberang Takir community, the initiative was anchored on environmental education and community participation. It consisted of a beach clean-up and educational talks as practical platforms to help participants better understand the importance of healthy coastlines, marine biodiversity and responsible waste management.

The beach clean-up session involved 30 volunteers and 50 students from schools participating in the Eco-Schools programme, a GGAF initiative supported by Yayasan PETRONAS.

The participants collectively removed approximately 305 kilogrammes of waste and marine debris from the coastline.

Yayasan PETRONAS Chief Executive Officer, Hajah Shariah Nelly Francis, said, “Protecting the environment is a shared responsibility that requires the collective efforts of communities, educators, institutions and individuals. Through initiatives such as this, we hope to deepen understanding of the important role that coastal ecosystems play in supporting both people and nature, while encouraging practical actions that could contribute to healthier and more resilient coastlines for future generations.”

The outreach effort also saw educational talks and engagement sessions by Universiti Putra Malaysia, Persatuan Pemuliharaan dan Kajian Marin Malaysia and Geng Plastik Ija where experts shared insights to better understand how collective action, from reducing waste to protecting coastal habitats, can contribute to healthier and more resilient coastlines.

Issued by Yayasan PETRONAS

SOURCE: Yayasan PETRONAS

FOR MORE INFORMATION, PLEASE CONTACT:
Yayasan PETRONAS
Name: Low Jia Yin
Email: low.jiayin@petronas.com

--BERNAMA

MoneyHero Group to Announce Second Quarter 2026 Results

HONG KONG and SINGAPORE, Sept 1 (Bernama-GLOBE NEWSWIRE) -- MoneyHero Limited (Nasdaq: MNY) (“MoneyHero” or the “Company”), a leading tech- and AI-powered personal finance aggregation and comparison platform and a digital insurance brokerage provider in Greater Southeast Asia, today announced that it will release its second quarter 2026 results on Friday, September 11, 2026 before market opens and will hold a related conference call to discuss the results at 8:00 a.m. EDT (or 8:00 p.m. Hong Kong / Singapore time) on the same day.

Investors and other interested parties may listen to the call by clicking on the registration link for the webcast or audio conference at:

Webcast:
https://edge.media-server.com/mmc/p/xwtrskos
Conference call:
https://register-conf.media-server.com/register/BI214539fed1c440429ce5c56522b13799

The webcast replay will be available on the Investor Relations website for 12 months following the event.

About MoneyHero Group
MoneyHero Limited (NASDAQ: MNY) is a tech- and AI-powered personal finance aggregation and comparison platform that provides consumers with actionable insights to discover, compare, and choose the best financial products with confidence — bringing data intelligence and seamless digital access across insurance and banking solutions. The Company operates in Singapore, Hong Kong, Taiwan and the Philippines. Its brand portfolio includes B2C platforms MoneyHero, SingSaver, Money101, Moneymax and Seedly, as well as the B2B platform Creatory. The Company also retains an equity stake in Malaysian fintech company, Jirnexu Pte. Ltd., parent company of Jirnexu Sdn. Bhd., the operator of RinggitPlus, Malaysia’s largest operating B2C platform. MoneyHero had over 270 commercial partner relationships as at March 31, 2026, and had approximately 3.9 million Monthly Unique Users across its platform for the three months ended March 31, 2026. The Company’s backers include Peter Thiel—co-founder of PayPal, Palantir Technologies, and the Founders Fund—and Hong Kong businessman, Richard Li, the founder and chairman of Pacific Century Group. To learn more about MoneyHero and how the innovative fintech company is driving APAC’s digital economy, please visit www.MoneyHeroGroup.com.

For inquiries, please contact:

Investor Relations:
MoneyHero IR Team
IR@MoneyHeroGroup.com

Media Relations:
MoneyHero PR Team
Press@MoneyHeroGroup.com

SOURCE: MoneyHero Limited

--BERNAMA

BOOMI ACCELERATES BAKERS DELIGHT’S DIGITAL ROLLOUT

Bakers Delight Modernises Digital Marketing Systems and Accelerates Deployment Times With Boomi

KUALA LUMPUR, Sept 2 (Bernama) -- Boomi, the data activation company for artificial intelligence (AI), announced that Bakers Delight has modernised its digital marketing systems using the Boomi Enterprise Platform, significantly reducing the time required to roll out new systems.

In a statement, Boomi said the deployment has also given the Australian-owned bakery franchise greater agility to respond to changing market conditions.

Boomi Chief Technology Officer (CTO), APJ, David Irecki said Bakers Delight’s approach demonstrates how integration can serve as a strategic business capability to accelerate innovation and improve agility.

Meanwhile, Bakers Delight CTO, Keng Ng said the company needed a foundation that could support rapid, low-cost deployment of new systems while eliminating the cost and complexity of repeatedly re-engineering integrations.

The company, which operates more than 700 stores across Australia, New Zealand, Canada and the United States under the Bakers Delight and COBS Bread brands, is preparing for a major technology renewal in early 2027.

Bakers Delight implemented Boomi’s Data Hub and API Management capabilities across customer, product, store location, promotion, coupon and order processes, creating a reusable integration architecture that connects its digital marketing platforms without requiring major changes to core enterprise resource planning and point-of-sale systems.

The reusable architecture helped accelerate deployments of Klaviyo, Shopify and Talon.One, which went live in three, four and nine months respectively across the company’s global franchise network. Centralised integration and master data also enabled Bakers Delight to respond quickly to cost fluctuations in early 2026 by revising prices consistently across systems.

Boomi’s consulting support helped establish the integration programme, while the company’s internal data engineering capabilities and technology vendors supported subsequent implementations.

The integration platform is expected to support further digital expansion by enabling richer enterprise data collection and laying the foundation for the use of AI and AI agents across the business.

-- BERNAMA

PEREGRINE COLD LOGISTICS ENTERS INDONESIA WITH JOINT VENTURE

KUALA LUMPUR, Sept 1 (Bernama) -- Peregrine Cold Logistics (Peregrine), Asia’s unified cold storage and logistics platform, has entered Indonesia through a joint venture with Indonesian real estate developer Sinar Primera to acquire and develop tier-one cold storage assets across the country.

The partnership combines the acquisition of an existing Sinar Primera-owned facility in Pluit with a new greenfield development in Narogong, expanding Peregrine’s cold chain footprint in Southeast Asia’s largest economy.

Peregrine co-founder and chief executive officer, Jeff Hogarth said the Indonesia entry marks a significant milestone in the company’s strategy to build an integrated international cold chain platform.

“Our objective is not simply to build capacity in Indonesia, but to connect the market into our broader ASEAN and Gulf Cooperation Council (GCC) network, creating a more integrated logistics solution for customers and a platform for long-term growth across the region,” he said in a statement.

Meanwhile, Sinar Primera Group head, Hong Kah Jin said the partnership combines Peregrine’s cold chain expertise and international client base with Sinar Primera’s local market execution and infrastructure capabilities, supporting Indonesia’s growing demand for temperature-controlled infrastructure.

The partnership builds on Peregrine’s existing cold chain platform in the Philippines and is aimed at addressing rising demand for modern cold storage infrastructure in Indonesia, driven by rising incomes, urbanisation and increasingly sophisticated food and retail sectors.

The Pluit facility is strategically positioned to serve customers across northern and western Jakarta, while the new Narogong facility will feature semi-automated freezer and chiller capacity meeting global standards and anchor a hub-and-spoke network.

Together, the facilities are expected to support food producers, importers and exporters, fast-moving consumer goods (FMCG) companies and quick-service restaurant (QSR) chains, while strengthening food safety and security across Indonesia’s supply chains.

The joint venture will leverage Sinar Primera’s local market development expertise, land access and execution capabilities alongside Peregrine’s international cold chain network and operational experience to scale its Indonesian platform.

-- BERNAMA

SIGENERGY LAUNCHES ALL-IN-ONE SMART ENERGY SOLUTION IN THAILAND

KUALA LUMPUR, Sept 1 (Bernama) -- Sigenergy has launched its latest all-in-one smart energy solution, SigenStor NEO, in Thailand, expanding its smart energy solutions business in the country.

In a statement, the company said the launch event at Capella Bangkok drew more than 600 attendees and marked the official introduction of the system, including its pricing.

Sigenergy Managing Director of Asia Pacific, Allen Zhang, said the company aims to drive the growth of the energy market through artificial intelligence (AI)-powered technology while enhancing the consumer experience.

Meanwhile, Sigenergy Thailand Managing Director, Tanakrit Chotipetch said the launch reflects the company's commitment to providing Thai consumers with smart energy technology that is easy to use, convenient to install and delivers long-term value.

SigenStor NEO integrates energy control, generation, storage and backup power into a single platform, designed to simplify installation and system management. Its compact, modular architecture allows battery capacity to be expanded according to individual household energy needs.

The system features Smart Port, Backup Port and Grid Port connectivity, as well as a built-in Battery Optimiser. Users can manage the system through the mySigen app, which uses AI technology to analyse, plan and optimise energy consumption.

The Thailand launch marks another step in Sigenergy's expansion of smart residential energy solutions, giving households greater flexibility and efficiency in managing energy consumption.

-- BERNAMA