HCMC, VIETNAM – Media OutReach Newswire – 8 January 2026 – For years, ESG occupied an ambiguous position in the global discourse. It was widely acknowledged, frequently discussed, yet often postponed, something to be integrated gradually, when conditions allowed. Today, that ambiguity has vanished. ESG has become a hard requirement for cities, assets, and investments that aim to survive in a rapidly changing world.
According to research by Knight Frank, demand for sustainable real estate is being led decisively by younger generations. A significant majority of respondents in its Next Generation Survey indicated they are willing to pay up to 20 percent more for environmentally friendly products. More importantly, this preference is already translating into action: 63 percent of Millennials have invested in sustainable portfolios, compared with just 35 percent of Baby Boomers.
At the very top of the wealth pyramid, ultra-high-net-worth individuals are setting explicit targets to reduce their personal carbon emissions. Real estate, among the most carbon-intensive and capital-heavy asset classes, is therefore under direct pressure to evolve. At the same time, institutional investors are placing growing emphasis on social outcomes, from workplace wellbeing to broader community health. Assets that fail to meet these expectations increasingly face liquidity risk.
In this context, ESG is now widely understood as a form of future-proofing. Like a massive ship altering course in open waters, the global real estate industry may take time to visibly change direction. But once the new trajectory is set, those that fail to adapt will inevitably be left behind.
The Limits of Retrofitted Sustainability
Yet most cities were never designed for this moment. Built for speed, density, and economic efficiency, they now struggle to reconcile legacy structures with contemporary ESG demands. The prevailing response has been retrofitting, adding green technologies, improving energy efficiency, or introducing pockets of open space where possible.
These measures are necessary, but they reveal a fundamental limitation. ESG, when layered onto an outdated urban model, can only go so far. There is a ceiling to how sustainable a city can become if its foundations were never meant to support that vision.
This raises a more radical question: What if ESG were not an upgrade, but the starting point? What if a city were conceived entirely around environmental balance, social wellbeing, and long-term governance from its very first blueprint?
An answer to that question is emerging, not from Europe or North America, but from Vietnam.
Vinhomes Green Paradise and the Idea of “ESG++ from the Ground Up”
On the southern edge of Ho Chi Minh City, where land meets sea, Vingroup is developing what many observers consider one of the world’s rare examples of a truly next-generation urban model, Vinhomes Green Paradise.
This is not a conventional large-scale real estate project with sustainability features added along the way. It is a city built entirely on the logic of ESG, what some experts have begun to describe as “ESG++ from the ground up”.
The location itself tells the first chapter of that story. Vinhomes Green Paradise is framed by the East Sea and a vast mangrove ecosystem recognized by UNESCO as a World Biosphere Reserve. Spanning more than 75,000 hectares, the Can Gio mangrove forest is one of Southeast Asia’s most important natural assets, functioning as a carbon sink, a biodiversity haven, and a natural coastal defense system.
Rather than pushing against this environment, the project is shaped by it.
Covering 2,870 hectares, Vinhomes Green Paradise maintains a construction density of just 16 percent. The overwhelming majority of land is dedicated to green space and water. A 121-kilometer coastline defines the city’s interface with the sea, while at its heart lies an 800-hectare natural seawater lagoon, an ecological and civic centerpiece rarely seen even among the world’s most ambitious coastal cities.
Here, nature is not an amenity. It is infrastructure.
A Global Contender for the Cities of the Future
Because of this foundational approach, Vinhomes Green Paradise is increasingly viewed as a strong Asian contender, often described as a “hidden gem”, in global initiatives recognizing future-ready urban developments.
Environmental integration alone, however, does not define the project. Its aspiration extends equally to technology, governance, and human experience.
Designed as a fully integrated smart city, Vinhomes Green Paradise applies IoT, big data, and artificial intelligence across urban management, operations, and environmental monitoring. The objective is not technological spectacle, but a city that operates intelligently, efficiently, and transparently, one that adapts in real time to how people live, move, and interact.
If the environment forms the foundation and technology provides the nervous system, people are unmistakably at the center of Vinhomes Green Paradise.
The project’s social infrastructure is planned as a cohesive ecosystem rather than a collection of isolated amenities. Healthcare is anchored by Vinmec, in collaboration with Cleveland Clinic, bringing international clinical standards into everyday urban life. Education is delivered through Vinschool alongside Brighton College, ensuring continuity from early education to globally benchmarked schooling.
The city’s vision extends across generations. Purpose-built senior living, cultural venues, and public spaces are seamlessly integrated. A seven-hectare waterfront theater establishes a cultural anchor, while sports and recreation are elevated through two championship 18-hole golf courses designed by firms founded by Tiger Woods and Robert Trent Jones. Large-scale entertainment and lifestyle destinations further contribute to a city that is not only sustainable, but vibrant.
According to Arnaud Ginolin, Managing Director of Boston Consulting Group in Vietnam, Vinhomes Green Paradise brings together all the elements required to establish a new global benchmark, one that balances sustainability with dynamism and ESG principles with holistic human experience.
Vietnam’s Statement to the World
In the first nine months of 2025, Vietnam recorded more than 58,000 successful real estate transactions, doubling year on year. In Hanoi and Ho Chi Minh City, primary residential prices have reached historic highs, compressing opportunities and pushing investors toward new frontiers.
Can Gio has emerged as one of those frontiers. Once viewed as a geographic dead end, the district is now being repositioned as Ho Chi Minh City’s strategic gateway to the sea. Search interest has surged, and capital flows from northern Vietnam are increasingly directed southward.
Infrastructure is the catalyst behind this transformation. Planned high-speed rail will connect central Ho Chi Minh City to Can Gio in just minutes. The long-awaited Can Gio Bridge is set to remove persistent bottlenecks. New interregional road links, port developments, and proximity to Long Thanh International Airport are integrating the area into regional and global trade networks.
What was once peripheral is becoming strategic.
In an era when many of the world’s great cities are struggling to reinvent themselves, Vietnam is offering a different answer: Build differently from the start. Use ESG not as a corrective tool, but as a foundation.
Vinhomes Green Paradise is therefore a statement, about where the next ideas in urban living may come from, and how sustainability, human wellbeing, and long-term value can be aligned rather than traded off.
While the ESG conversation has long been dominated by Western capitals, one of its most ambitious realizations is taking shape in Southeast Asia, guided by willingness to rethink the fundamentals of urban life.
Arabian Post Staff -Dubai Economic momentum across the UAE is building faster than earlier projections, with gross domestic product expected to expand by about 5% this year, outpacing the global average and reinforcing the country’s position as one of the strongest performers among emerging and developed markets alike. The revised outlook reflects resilient trade flows, deep banking liquidity and sustained expansion across non-oil sectors that have insulated […]
The latest addition to Kenanga Investors’ flagship series follows the same proven investment objective and philosophy to meet the evolving needs of today’s investors.
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 8 January 2026 – Kenanga Investors Berhad (“Kenanga Investors“) has announced the launch of the Kenanga Growth Fund Series 3 (“KGFS3” or “the Fund“), its third fund in its flagship conventional fund series.
Datuk Wira Ismitz Matthew De Alwis, Executive Director and Chief Executive Officer of Kenanga Investors Berhad.
KGFS3 utilises the asset manager’s proven investment objective and philosophy whilst driven by a differentiated strategy to meet the evolving needs of investors. The Fund seeks to provide capital growth over a medium to long term investment horizon. It will be managed with an active investment strategy depending on the market conditions and outlook, combining a top-down asset and sector allocation process with a bottom-up stock selection methodology.
Lee Sook Yee, Chief Investment Officer of Kenanga Investors Berhad.
“Kenanga Growth Fund Series 3 continues our commitment to disciplined growth and investor-focused solutions. Instead of reinventing the wheel, we believe in refining our methods. As a result, the Fund builds on a proven philosophy that has delivered consistent value to our investors, while adapting to today’s market realities. We prefer to stay practical and to apply what works to continue earning the trust of our investors. Simultaneously, the Fund provides investors flexibility and accessibility while benefiting from a professionally managed, mandate-style investment strategy”, said Datuk Wira Ismitz Matthew De Alwis, Executive Director and Chief Executive Officer of Kenanga Investors.
Since the inception of the Kenanga Growth Fund on 17 January 2000, followed by Series 2 in 2018, both funds have displayed consistent performance. As of November 2025, both funds have surpassed RM1 billion in assets under management*, a testament to the fund house’s disciplined investment approach and commitment to long-term value creation.
While equities remain the central focus for KGFS3, the investment team will strategically allocate the remaining net asset value into other permitted asset classes, guided by market conditions and potential growth prospects, ensuring a well-balanced and opportunistic portfolio.
“Our asset allocation decisions are driven by a comprehensive review of macroeconomic trends across global economies. Particularly, we look at key indicators such as GDP growth direction, interest rate movements, inflation patterns and government policies. We believe these factors are critical to determine corporate earnings, allowing us to identify predictable trends that inform our sector selection. This structured approach helps keep us nimble, responsive and grounded in fundamentals”, explained Lee Sook Yee, Chief Investment Officer of Kenanga Investors Berhad.
The minimum initial investment amount is RM10,000 while subsequent investments are at a minimum of RM5,000. The Fund will be measured against a benchmark of 8% growth per annum. It is suitable for Sophisticated Investors who have a high-risk tolerance, have a medium to long term investment horizon; and are looking to achieve high returns through investments in multi-assets.
Kenanga Investors is known for its investment offerings and expertise within the equities space, making this latest launch a strategic addition for its product expansion efforts. The Hong Kong-based Asia Asset Management’s 2025 Best of the Best Awards recognised Kenanga Investors under the following categories, Malaysia Best Retail Asset Management Company and Malaysia Best Equity Manager. The FSMOne Recommended Unit Trusts Awards 2025/2026 awarded the Kenanga Growth Fund Series 2 with the “Sector Equity — Malaysia Focused” award for the fourth consecutive year since 2022.
The issuer is solely responsible for the content of this announcement.
Kenanga Investors Berhad 199501024358 (353563-P)
We provide investment solutions ranging from collective investment schemes, portfolio management services, alternative investments, as well as wills and trusts for retail, corporate, institutional, and high net worth clients via a multi-distribution network.
The Morningstar Awards 2025 has recognised the Kenanga Blue Chip Fund as Best Malaysia Large-Cap Equity Fund. The Bursa Excellence Awards 2024 awarded KIB’s exchange-traded funds’ arm, Eq8 Capital Sdn Bhd with the Special Award – Thought Leadership for launching Eq8WAQF, the world’s first Waqf-featured Exchange Traded Fund. Introduced under a newly established category, the award highlights innovations that are reshaping the investment landscape.
At the LSEG Lipper Fund Awards Malaysia 2025, KIB received awards for the Kenanga DividendEXTRA Fund (“KDEF”) under the Best Equity Malaysia Diversified – Malaysia Funds over 3 years, Kenanga Malaysian Inc Fund (“KMIF”) under the Best Equity Malaysia Diversified – Malaysia Provident Funds over 10 years, Kenanga Balanced Fund (“KBF”) under the Best Mixed Asset MYR Balanced – Malaysia Provident Funds over 10 years, Kenanga Managed Growth Fund (“KMGF”) under Best Mixed Asset MYR Flexible – Malaysia Provident Funds over 10 years, and Kenanga SyariahEXTRA Fund (“KSEF”) under the Best Mixed Asset MYR Balanced – Malaysia Islamic Funds Awards over 10 years.
The Hong Kong-based Asia Asset Management’s 2025 Best of the Best Awards awarded KIG under the following categories, Malaysia Best Impact Investing Manager, Best Impact Investing Manager in ASEAN, Malaysia Best Equity Manager, Malaysia CEO of the Year (Co-Winner), Malaysia CIO of the Year, Malaysia Best House for Alternatives, Malaysia Best ESG Engagement Initiative, Malaysia Fund Launch of the Year, and Malaysia Best Retail Asset Management Company.
The FSMOne Recommended Unit Trusts Awards 2025/2026 has awarded the Kenanga Growth Fund Series 2 with the “Sector Equity – Malaysia Focused” award for the fourth consecutive year since 2022. We were also recognised at The BrandLaureate BestBrands Awards 2024 – Brand of the Year under the category Wealth Management & Investment Solutions. For the ninth consecutive year, KIB was affirmed an investment manager rating of IMR-2 by Malaysian Rating Corporation Berhad, since first rated in 2017.
This Press Release was issued by Kenanga Group’s Marketing, Communications & Sustainability department.
A landmark agreement between Caracas and Washington will see up to $2 billion worth of Venezuelan crude oil exported to the United States under terms announced by President Donald Trump, marking a major shift in energy geopolitics and offering a potential reprieve to Venezuela’s embattled oil sector. The arrangement, underscored by negotiations that could divert barrels previously bound for China, elevates the United States into a key […]
TDK has unveiled STRIDE, a low-power, real-time positioning software platform aimed at wearables and connected IoT devices, marking a push to strengthen its presence in software-defined sensing alongside its established sensor hardware business. The launch positions the Tokyo-based electronics group to compete more directly in applications where accurate location tracking must operate continuously on constrained batteries, such as smartwatches, fitness bands, asset tags and industrial monitoring devices. […]
Tackle rising business costs and trade barriers with a unified digital platform for Free Trade Agreements as well as build stronger economic partnerships.
Bridge AI adoption gaps by co-funding shared data pools and introducing a regional “Trusted AI” mark to drive innovation and governance.
Future-proof the workforce with targeted work visas for global experts, job transformation roadmaps, and advanced leadership programmes.
SINGAPORE – Media OutReach Newswire – 7 January 2026 – KPMG in Singapore and the Singapore Institute of Directors (SID) are pleased to announce the release of a joint Budget 2026 Proposal, titled “Prospering in a New Global Landscape”.
From Left to Right: Yong Jiahao, Partner, Infrastructure, Government & Healthcare (IGH) & Industrial Manufacturing, Tax, KPMG; Ajay Kumar Sanganeria, Partner and Head of Tax, KPMG; Lee Sze Yeng, Managing Partner, KPMG; Max Loh Khum Whai, Vice-Chair, Singapore Institute of Directors; Edwin Lee, Deputy CEO, Singapore Institute of Directors
By fostering resilient economic linkages, embedding digital trust, and cultivating world-class talent and leadership with cross-domain expertise, Singapore can ensure its businesses and economy remain secure, innovative, and competitive in an uncertain global landscape.
This Proposal outlines strategies to position Singapore as a critical hub for global flows, covering three crucial areas:
A new global order: Resilience as a pivotal growth strategy
The Intelligent Age: Smart solutions for an innovative era
The recommendations in the proposal are also supported by data-driven insights from a survey recently conducted by KPMG and SID. More than 1,000 professionals, managers, executives and technicians (PMETs) and business owners were surveyed on the challenges they face and the kinds of Budget 2026 support they hoped to see. [For more information, please refer to the deck with the full survey results: https://kpmg.com/sg/en/campaigns/kpmg-singapore-budget.html ]
Empowering businesses to leverage Singapore’s trusted role as a global connector
Global commerce is rapidly transforming amid rising protectionism, shifting trade rules, evolving tax regimes, and geopolitical tensions. Singapore’s long-term prosperity in the new global order depends on its ability to lead as a trusted connector and aggregator of the flows of goods, capital, data, and talent.
Singapore must strengthen its economic linkages, build secure and interoperable digital platforms, cultivate a workforce equipped with cross-domain expertise, and equip boards with essential skills to navigate emerging risks and opportunities. Trusted and resilient economic linkages will ensure the seamless movement of goods, services, and investments, while interoperable digital platforms will play a critical facilitation role in enabling cross-verification of information, streamlining compliance, and fostering trust across borders. These efforts are especially important in helping businesses cope with shifting regulations. KPMG and SID’s survey found that 51 percent of respondents identified increased business costs as the main challenge to cross-border expansion, followed by higher tariffs (26 percent) and supply chain difficulties (25 percent). To address these challenges, 43 percent of respondents want stronger economic and trade partnerships to overcome trade barriers.
KPMG and SID recommend:
a) Developing a unified digital platform for Free Trade Agreement (FTA) management (page 7) to help businesses navigate complex procedures and unlock the full benefits of FTAs. This would be seamlessly integrated with government systems, making it more seamless and cost-effective for businesses to comply with FTA requirements. This would enable firms to leverage Singapore’s extensive FTA network to gain footholds in new markets, further enhancing Singapore’s regional and global competitiveness.
b) Increasing access to working capital to accelerate local enterprises’ strategic transformation and implementing industry-specific governance frameworks (page 7). With geopolitical shifts driving a more complex regulatory landscape, increased and dedicated funding would enable businesses to transform for the future while responding effectively to evolving governance standards. Such funding should be complemented by industry-specific governance playbooks to equip boards with essential tools to strengthen agility and resilience.
c) Enhancing Singapore’s government-backed trade platform with blockchain and AI (page 6). The global economy has seen an increase in supply chain disruptions amid geopolitical and trade uncertainties. An enhanced Government-backed trade platform would enable Singapore to further facilitate the flow of trusted payments, making it even easier for businesses to validate transactions and act on smart recommendations to elevate supply chain efficiency. Amid a more fragmented world, the enhanced platform would also reinforce Singapore’s position as a reliable hub for global commerce, by promoting increased supply chain transparency for critical industries like semiconductors, pharmaceuticals, and advanced manufacturing.
d) Introducing progressive carbon taxes to reward decarbonisation and establish performance-based pathways for large emitters (page 9). Singapore’s carbon taxes must evolve to consider unique business needs and companies’ decarbonisation plans. Progressive carbon tax rates post-2030 – based on facility emissions volume, emissions per unit of output, and sectoral abatement potential – could be accompanied by permanent conditional tax rebates for energy-intensive, trade-exposed sectors. These rebates could be based on set criteria such as verified year-on-year reductions in carbon intensity and investments in low-carbon technology. To strengthen these efforts, Singapore could also establish an ASEAN Environmental Data Exchange to facilitate the sharing of standardised and interoperable environmental data between Singapore and its regional trade partners (page 8). The exchange would improve the flows of green trade and green capital, enabling Singapore to be a regional hub for environmental data harmonisation. Organisations like the Singapore Institute of Directors could play a catalytic role by building board-level capability, aligning disclosure expectations and promoting best practices through director education, guidance frameworks and peer learning on a regional scale, helping boards to lead initiatives like progressive carbon taxation.
Fostering an ecosystem of Trusted AI in the Agentic Era
The rise of artificial intelligence (AI) is reshaping global competitiveness, with agentic AI—capable of autonomous decision-making—introducing both transformative opportunities and significant challenges. While agentic AI can drive innovation, optimise operations, and unlock new efficiencies, it also raises critical concerns around accountability, ethical deployment, and governance.
A critical enabler of AI’s potential is data sharing, yet this often proves difficult due to competition, concerns over intellectual property, and a lack of trust between organisations. Businesses—particularly smaller enterprises—also face cost constraints in accessing high-quality data, and many also lack the strategic clarity and workforce competencies to identify where AI can augment their operations.
KPMG and SID’s poll found that 54 percent of respondents cited talent and skills gaps as the top challenge for adopting AI, followed by high costs of technology adoption (52 percent) and a lack of clear AI adoption strategies (48 percent). By addressing these concerns, Singapore will be able to fully leverage the vast potential of AI and data to reinforce its status as a hub across various sectors.
KPMG and SID recommend:
a) Co-funding sector-specific shared data pools in partnership with trade associations and industry stakeholders (page 15). These shared, anonymised data pools would enable businesses to access high-quality datasets without incurring prohibitive costs. Tailored to specific sectors such as logistics and retail, these pools would facilitate benchmarking, model training, and experimentation under a trusted framework that safeguards data privacy and protects intellectual property. Shared data initiatives should be paired with guided AI adoption support to help businesses understand how AI can enhance specific parts of their value chain. For example, targeted support could help logistics firms optimise supply chains or assist retailers in leveraging AI to personalise customer experiences. This dual approach would enable broader AI adoption and accelerate innovation across industries.
b) Enhancing the public-private partnership (PPP) framework to accelerate AI adoption (page 15). As firms navigate high costs and limited guidance around AI adoption, there is an opportunity for the Government to provide greater access to infrastructure to lower barriers for AI experimentation and deployment. The enhanced framework would create positive spillover effects from existing AI initiatives, as government agencies, academia and industry stakeholders collaborate to strategically integrate AI solutions into business strategies. The framework could also promote cross-sector collaboration in key industries, fostering a culture of open innovation in AI. To bolster digital trust, Singapore could also establish a regional “Trusted AI” mark to drive harmonisation and innovation (page 12). Although Singapore’s Model AI Governance Framework provides a strong foundation for responsible AI deployment, there is still a largely untapped opportunity for Singapore to champion an assurance label that shows firms have AI controls aligned with recognised AI governance standards. By pushing regionalrecognition of this mark, Singapore could accelerate cross-border innovation and trade. The mark would build on initiatives like AI Verify and Project Moonshot, which have helped to promote Trusted AI in Singapore.
c) Supporting hands-on AI governance training for board members and executives (page 13) through a dedicated fund. This would complement existing SkillsFuture programmes which focus primarily on AI awareness, by expanding the emphasis to address strategic and operational gaps at the leadership level – covering ethical deployment, change management and cross-domain applications.
Building globally relevant leaders with cross-domain skills
To fulfil its role as a hub for global flows, Singapore must enable its businesses to navigate a complex web of governance requirements, trade rules, tax policies, and tariffs. While compliance with governance standards will bring higher upfront costs, it also provides a foundation for businesses to lead in innovation and competitiveness. For instance, businesses that embrace sustainability compliance can innovate in areas like green finance, carbon accounting, and environmental data exchange.
Yet, none of this is possible without specialised talent and leadership. Singapore needs professionals and board leaders with expertise in areas such as supply chain management, AI governance, and sustainability strategy. These individuals must be able to connect the dots across domains, such as linking data governance with trade compliance or integrating sustainability goals into business operations. The need for enhanced talent development also emerged from KPMG and SID’s survey findings. Forty-nine percent of respondents want more skills development and upskilling courses. Meanwhile, 42 percent hope for more support for workforce transformation and job redesign, such as higher grants. In addition, 37 percent of respondents want more leadership and management development initiatives, especially in the areas of mentorship and coaching for emerging leaders and advanced leadership programmes.
KPMG and SID recommend:
a) Creating a dedicated work-pass category for “master trainers” and mentors (page 18). The work-pass would encourage international professionals to join local companies, public agencies and training institutions to lead structured upskilling or leadership development programmes. This would accelerate skills transfer, expose workers to global best practices, and build a robust pipeline of talent capable of driving strategic transformation and competitiveness in a rapidly evolving global landscape. Structured leadership development programmes could also include peer-sharing platforms (page 21) aimed at promoting transformation training among C-suite leaders. Backed by the public sector and industry stakeholders, such platforms could foster the exchange of best practices, promote collective learning on key sustainability capabilities and empower leaders to proactively redesign roles and workflows ahead of market shifts.
b) Setting up job transformation roadmaps with co-funded training and certification initiatives (page 19) tied closely to sector-specific needs. As rapid technological developments shape industry demand for skills, job transformation roadmaps would be beneficial in outlining sector-specific disruptions, challenges and opportunities. These roadmaps could be accompanied by industry-recognised certification, and programmes backed by both the public and private sectors. Tailored to sectoral needs, certifications could help to assess whether workers have acquired the necessary skills to perform in transformed roles, especially in fast-evolving sectors where traditional qualifications may no longer suffice.
c) Establishing a $100 million fund to advance social impact reporting (page 9). As Singapore pursues long-term resilience, it must also ensure that economic growth is sustainable and inclusive. The fund could be used to train professionals and board directors in the reporting of social metrics, support academic modules in social sustainability and certify social auditors and advisers. It could also be complemented by broader efforts to enhance environmental, social and governance (ESG) competencies among businesses’ top leadership. Singapore could establish a national registry of certified sustainability committee members (page 20) who can be matched to boards and committees across sectors. This would help to expand access to qualified board resources, especially for local enterprises.
Lee Sze Yeng, Managing Partner, KPMG in Singapore, said:
“Leadership today isn’t just about mastering AI or acquiring specialised skills—it’s about navigating the intersections of cross-border trade, technology, and sustainability. To remain competitive, leaders must move beyond the basics, using AI and data to drive real business outcomes while building governance frameworks that inspire trust. At the same time, they need the courage to take calculated risks and collaborate across ecosystems to unlock new opportunities. Initiatives like co-funding sector-specific shared data pools and guided AI adoption support are critical to overcoming barriers and equipping leaders with the tools to thrive. As disruptions grow increasingly cross-border and cross-domain, Singapore’s ability to cultivate leaders who can turn complexity into opportunity will define its success as a global flows hub.”
Ajay Kumar Sanganeria, Partner, Head of Tax, KPMG in Singapore, said:
“Singapore’s position as a global hub—connecting trade, data, and capital—offers businesses significant opportunities to grow and compete globally. Grants and platforms are vital enablers, but they must be part of a broader solution that simplifies complexities and empowers businesses to focus on innovation. Future-ready approaches, such as managing governance and compliance in a more consolidated or ‘as-a-service’ mode, can reduce burdens on enterprises. A unified digital platform for Free Trade Agreement (FTA) management, enhanced with blockchain and AI, could streamline compliance and unlock the full benefits of Singapore’s FTA network. Co-funded training programmes and shared governance frameworks can further help businesses pool resources and build capabilities. By combining grants, platforms, and smarter ways of working, Singapore strengthens its role as a trusted global connector and equips businesses to lead with confidence in an evolving world.”
Yeoh Oon Jin, Chair, Singapore Institute of Directors, said:
“Singapore’s future as a global hub for connectivity and commerce will be shaped by how boards of directors evolve to lead with resilience and trust. Budget 2026 is an opportunity to strengthen governance frameworks that embed sustainability, cyber trust and accountability into every organisation’s agenda. By empowering directors to champion innovation, sustainability and digital assurance, organisations can grow with confidence while reinforcing Singapore’s position as a secure and trusted connector for goods, capital, data and talent in an increasingly complex global landscape.” Hashtag: #KPMG #SID
The issuer is solely responsible for the content of this announcement.
About KPMG in Singapore
KPMG in Singapore is part of a global organization of independent professional services firms providing Audit, Tax and Advisory services. We operate in 142 countries and territories with more than 275,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.
About SID
The Singapore Institute of Directors (SID) is Singapore’s national association for company directors. Established in 1998, our mission is to transform boards and empower board directors to be champions of good governance. SID works with regulators and partners to serve as the voice for directors and facilitates consultations and feedback sessions on regulatory matters. In advocating for good governance, SID advances thought leadership and benchmarking research and indices on corporate governance and directorship issues.
SID builds competencies and capabilities to enhance boardroom skills of directors for informed decision-making. An accreditation programme serves to set standards for and showcase best practices of good governance. The organisation supports members on their directorship journey with courses, workshops, advanced masterclasses, forum discussions and pit-stops. SID connects and strengthens the ecosystem with initiatives such as mentoring and networking. The Governance for Good Alliance is an initiative by SID to bring together key stakeholders who help advance our vision for every board director to be a champion of good governance.
RAKBANK has secured in-principle approval from the Central Bank of the UAE to issue an AED-backed payment token, marking one of the clearest signals yet that regulated stablecoins are moving from concept to execution within the federation’s banking system. The Ras Al Khaimah-based lender said the approval allows it to proceed with development and testing of a dirham-denominated digital token designed for payments and settlement, subject to […]
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LAS VEGAS, UNITED STATES – Media OutReach Newswire – 7 January 2026 – Amidst a CES 2026 landscape dominated by AI headlines and humanoid robots, a quiet corner of the Lens Technology booth has unexpectedly become a focal point for commercial space analysts.
There are no flashy RGB lighting effects here, only a sheet of glass as thin as a cicada’s wing, being repeatedly rolled and unrolled like a tape measure. This is the public debut of Lens Technology’s aerospace-grade UTG (Ultra-Thin Glass) photovoltaic encapsulation solution. This technology marks the official entry of the manufacturing titan—best known as a giant in the Apple supply chain—transferring its precision manufacturing capabilities from consumer electronics to humanity’s next trillion-dollar market: space infrastructure.
As leading global satellite companies begin the mass deployment of third-generation (V3) satellites, the Low Earth Orbit (LEO) internet race is entering a “second half” defined by heavy payloads, long lifespans, and low costs. Lens Technology’s entry aims to untie the knot that has long plagued the aerospace industry: the trade-off between flexibility and durability.
Farewell to the “Plastic Feel”: The Material Battle in Space
At the Lens Technology booth, engineers demonstrated the core contradiction to the audience: Traditional aerospace solar cell covers are either heavy Cerium-doped Glass (CMG) or expensive Fused Silica, typically ranging from 100μm to 500μm in thickness. They are robust, but too heavy and impossible to bend.
To adapt to the massive power demands of next-generation satellites (such as those supporting direct-to-cell services), solar wing designs are rapidly evolving from rigid panels to Roll-Out Solar Arrays (ROSA-like structures). This shift forced designers to temporarily turn to polymer materials like transparent Polyimide (CPI).
“However, polymers have a fatal weakness in space,” explained a Lens Technology on-site technical lead. “The LEO environment is filled with high-energy Atomic Oxygen (AO) and strong UV radiation. Under long-term exposure, polymer molecular chains break, causing the material to yellow, become brittle, and suffer a drastic drop in light transmission. This efficiency decay was tolerable for early satellites with 5-7 year lifespans, but for the new generation of mega-constellations pursuing higher commercial returns, it is unacceptable.”
Lens Technology’s answer is Aerospace-Grade UTG. As an inorganic material, glass possesses innate “immunity” to Atomic Oxygen and UV aging, ensuring high light transmission throughout the satellite’s lifecycle. More importantly, its dense structure provides an effective barrier against water vapor and micrometeoroids, offering physical protection for delicate ultra-thin HJT or future Perovskite batteries.
The 30-Micron “Moat”: A Perfect Match for Next-Gen Satellites
In the demo area, a piece of glass only 30μm-50μm thick is bent to an astonishing radius of R1.5mm. This level of flexibility drew gasps from the audience.
This is exactly the characteristic most coveted by top global satellite companies today. To reduce the cost per launch, next-generation mega-satellites must be stowed with origami-like efficiency inside the rocket fairing. Lens Technology’s UTG solution allows solar wings to be tightly wound like a tape measure during launch, and instantly recover to a flat state upon orbital deployment.
However, making glass thin is the first step; keeping it from shattering during the violent vibration of a rocket launch is the real challenge.
Analysts point out that Lens Technology’s core competitiveness lies in its proprietary chemical strengthening processes and laser/diamond wire cutting technologies. Glass fractures often originate from micro-cracks invisible to the naked eye. Leveraging processes honed on foldable smartphones, Lens has significantly reduced the density of micro-defects on the glass edges and surfaces. This means that even under immense tension and vibration, this “glass skin” remains tough and resilient.
Dimensional Strike: Reshaping Aerospace Costs with “Consumer-Grade” Capacity
If technical specifications are the ticket to entry, then capacity and cost control are Lens Technology’s ultimate weapons.
“The logic of commercial space has changed; it is now the era of industrial mass production,” commented an industry analyst at the scene. Compared to the small-batch, lab-grade customization model of traditional aerospace glass manufacturers, Lens Technology brings the scale of consumer electronics manufacturing.
Facing the grand ambition of global satellite leaders planning to launch tens of thousands of satellites annually, supply chain elasticity is critical. Lens Technology stated that it has the capability to rapidly expand existing pilot lines or flexibly retrofit mass production lines. This potential for “ten-thousand-satellite scale” delivery and yield control can significantly lower the BOM (Bill of Materials) cost per satellite—addressing the most sensitive pain point for commercial space giants today.
Outlook: The New Cornerstone of Next-Gen Space Energy
At CES, Lens Technology also “spoiled” its future technology roadmap.
As Perovskite/Silicon tandem cells are viewed as the mainstream for future satellite power, UTG will serve not just as a cover, but as an encapsulation substrate. Lens Technology revealed it is developing next-generation composite UTG integrated with Anti-Static (ESD) coatings and Selective Radiation coatings, which will not only protect chips from electrostatic discharge damage but also assist in regulating battery temperature.
Although this business currently accounts for a tiny fraction of Lens Technology’s massive revenue and is in a period of intensive validation with global top-tier photovoltaic component manufacturers (Tier 2) and top commercial space clients (Tier 1), its signal significance cannot be ignored.
From smartphone screens to satellite wings, Lens Technology is proving that in the era of scaled expansion for space infrastructure, ground-based industrial giants possessing extreme craftsmanship and mass manufacturing capabilities will be indispensable “pavers” for the interstellar journey.
Hashtag: #LensTechnology
The issuer is solely responsible for the content of this announcement.
By Nitya Chakraborty India’s isolation from Global South on the issue of Trump’s invasion of Venezuela is now complete. Prime Minister Narendra Modi claims himself as the leader of Global South. Both at the SCO summit and BRICS meeting last year, Modi was active in articulating the aspirations and the programmes of the developing and […]
World leaders have mounted robust diplomatic resistance against Washington’s unprecedented military operation that ousted Venezuelan President Nicolás Maduro and brought him to the United States to face federal charges. Amid escalating rhetoric from President Donald Trump’s administration about extending U. S. influence beyond Venezuela, governments in Latin America, Europe and Asia have criticised what they view as a breach of international norms and a threat to national […]
Uncertainty has gripped Cuba after claims circulated that Venezuelan President Nicolás Maduro had been captured following a United States strike in Venezuela, a development that, if confirmed, would shake the island’s most important political and economic partnership. Cuban authorities have offered no confirmation of the reports, while state media has urged calm and emphasised continuity in Havana’s foreign policy, underscoring the fog surrounding events that residents say […]
Dubai World Trade Centre has confirmed plans to host 71 events during the first half of 2026, underscoring the emirate’s position as a regional hub for global exhibitions, conferences and large-scale trade gatherings. The schedule reflects a familiar rhythm for the venue, with activity slowing during Ramadan before resuming after Eid. According to the centre, the post-Eid calendar will open with the Dubai International Pharmaceutical and Technologies […]
Canada’s airline sector is bracing for sharper competition after Ottawa moved to widen market access for carriers from the Middle East, a shift that industry executives and analysts say could force domestic airlines to improve pricing, punctuality and onboard service as more long-haul capacity enters the market. The policy change, announced through updated air transport arrangements, gives carriers based in the Gulf greater flexibility to add frequencies […]
Caracas has slipped into an uneasy calm as Venezuelans await signals about the direction their country will take, with political negotiations stalled, economic pressures unresolved and social tensions simmering beneath the surface. “There is a strange lull,” said Benigno Alarcón Deza, a long-time resident of the capital, describing a sense of collective anticipation that has settled over daily life. “People are waiting, watching, unsure of what comes […]
United Arab Emirates will assume the presidency of the Middle East and North Africa Financial Action Task Force in 2026, placing the country at the centre of regional efforts to strengthen safeguards against money laundering, terrorist financing and the proliferation of illicit funds. The appointment comes at a time when the bloc is seeking tighter coordination among member states as cross-border financial flows grow in scale and complexity.
MENAFATF brings together 21 jurisdictions across the Middle East, North Africa and neighbouring regions, representing a combined gross domestic product estimated at more than $3 trillion. The organisation functions as the regional body aligned with the global Financial Action Task Force standards, conducting peer reviews, issuing guidance and supporting members as they implement international rules designed to protect financial systems from abuse.
The decision for the UAE to lead the organisation follows its expanding role in financial regulation and enforcement across the region. Federal authorities have invested heavily in strengthening supervision of banks, exchange houses, designated non-financial businesses and professions, while also expanding cooperation with international counterparts. Officials involved in the process describe the presidency as recognition of the country’s progress in aligning domestic frameworks with global benchmarks and its capacity to convene consensus among diverse economies.
During its term, the UAE is expected to steer MENAFATF’s strategic agenda, including the scheduling of mutual evaluations, thematic studies and capacity-building programmes. These initiatives are central to helping member states address gaps identified in national risk assessments and respond to emerging typologies such as the misuse of virtual assets, trade-based money laundering and complex ownership structures.
Regulatory specialists say the presidency carries influence beyond administrative oversight. The chair country plays a pivotal role in shaping discussions on policy priorities, coordinating technical assistance and representing the region in dialogue with global standard-setters. This places added scrutiny on how effectively the bloc can balance the varied economic structures and legal systems of its members while maintaining consistent application of standards.
The UAE has signalled that cooperation and practical implementation will be key themes of its tenure. Policymakers have spoken about deepening information-sharing among financial intelligence units, enhancing public-private partnerships and supporting jurisdictions that face capacity constraints. Such measures are viewed as essential for raising overall compliance levels and reducing vulnerabilities that can be exploited across borders.
MENAFATF members span hydrocarbon-rich Gulf economies, large consumer markets in North Africa and smaller states with developing financial sectors. This diversity has historically posed challenges in achieving uniform progress. Analysts note that leadership will need to balance ambition with pragmatism, ensuring that reforms are realistic and tailored to local contexts while still meeting international expectations.
The presidency also coincides with broader shifts in the region’s financial landscape. Digital payments, fintech platforms and virtual assets have expanded rapidly, creating new opportunities for inclusion but also new risks. Addressing these developments requires updating supervisory tools, training regulators and fostering dialogue with technology providers. Observers expect the UAE to push for clearer regional guidance in these areas, building on its own experience in regulating emerging financial services.
Another area likely to feature prominently is the effectiveness of enforcement. While many jurisdictions have strengthened legal frameworks, translating laws into successful investigations and prosecutions remains uneven. MENAFATF’s peer review process increasingly emphasises outcomes, not just technical compliance. Under UAE leadership, the organisation is expected to encourage members to demonstrate tangible results in asset recovery, sanctions and international cooperation.
Diplomats familiar with the process say the appointment also reflects confidence in the UAE’s ability to engage constructively with both regional partners and global institutions. The country has positioned itself as a bridge between markets, hosting multinational financial institutions and acting as a hub for trade and investment. That role brings responsibilities, particularly in ensuring that financial openness is matched by robust controls.
Ghana’s cedi closed 2025 as the fourth best performing currency in Africa, reflecting a year of relative stability after prolonged volatility and placing the unit among the continent’s stronger exchange rates against the United States dollar. The cedi finished the year at about GH¢10.93 to the dollar, a level that contrasted sharply with the steep depreciation seen in earlier periods and underscored the impact of tighter macroeconomic […]
Washington’s move to detain Nicolás Maduro has sharpened the White House’s focus on Venezuela’s vast petroleum reserves, with President Donald Trump signalling that access to crude exports is now a strategic priority. The shift marks a harder edge in US policy towards Venezuela, but it also exposes legal, logistical and market obstacles that complicate any rapid redirection of oil flows. The administration’s intent has been framed as […]
Arabian Post Staff -Dubai Belkin has unveiled a wireless HDMI adapter that removes the need for Wi-Fi networks, aiming to simplify screen sharing in offices, classrooms and homes where reliability and security often trump convenience. Introduced at CES 2026, the ConnectAir Wireless HDMI Adapter promises stable, low-latency transmission over distances of up to 130 feet, positioning it as a practical alternative to software-based casting systems that depend […]
The Gulf Cooperation Council has moved closer to a fully integrated regional market with the launch of the first phase of an electronic customs data linkage system, enabling member states to securely exchange customs declaration information in real time. Approved by the Gulf Cooperation Council Customs Union Authority, the initiative marks a structural shift in how goods move across the bloc, replacing fragmented national processes with a shared digital framework.
Under the new system, customs authorities across the six-member bloc can access standardised declaration data as shipments cross borders, reducing repetitive checks and administrative bottlenecks that have long affected intra-GCC trade. Officials involved in the rollout describe the project as foundational to the Customs Union’s original objectives, which include the free movement of goods produced within the bloc and the consistent application of common external tariffs.
Trade flows within the Gulf have expanded steadily alongside diversification efforts that aim to reduce reliance on hydrocarbons. Manufacturing, re-export activity, food security logistics and e-commerce have all increased the volume and complexity of cross-border shipments. The electronic linkage is designed to keep pace with these changes by allowing authorities to verify origin, valuation and compliance details instantly, rather than relying on physical documentation and sequential clearance at each border.
Technically, the system connects national customs platforms through a secure digital interface governed by agreed data standards. Each declaration submitted in one member state becomes visible to others, allowing advance risk assessment and coordinated inspection decisions. This approach is expected to shorten clearance times, lower costs for traders and improve the predictability of supply chains, particularly for time-sensitive goods such as perishables and pharmaceuticals.
Customs officials familiar with the project say the first phase focuses on core declaration data and risk indicators, with future stages expected to expand into areas such as duty settlement, exemptions and post-clearance audits. The phased approach reflects the complexity of aligning legacy systems and legal frameworks across six jurisdictions while maintaining data security and national sovereignty.
For governments, the linkage strengthens oversight and revenue protection by reducing opportunities for misdeclaration or tariff arbitrage between borders. Shared data allows authorities to track consignments throughout their journey in the region, improving enforcement of customs rules and trade remedies. The system also supports broader efforts to combat illicit trade by enhancing visibility over cargo movements and identifying anomalies earlier in the process.
Businesses operating across the Gulf stand to benefit from lower compliance burdens and faster market access. Logistics providers have long argued that differences in documentation requirements and clearance practices add hidden costs to regional trade. A unified digital channel reduces the need for duplicate submissions and manual reconciliations, making it easier for firms to scale operations across multiple markets within the bloc.
The initiative aligns with national digital transformation agendas that place trade facilitation at the centre of economic policy. Several member states have invested heavily in smart ports, automated clearance systems and single-window platforms over the past decade. The customs data linkage builds on this foundation by connecting these national efforts into a regional network, rather than treating borders as isolated endpoints.
From a strategic perspective, the project supports the Gulf’s ambition to position itself as a global logistics and re-export hub linking Asia, Europe and Africa. As international supply chains increasingly depend on data-driven decision-making, regions with interoperable customs systems are better placed to attract investment and high-value trade flows. The ability to offer predictable, transparent and rapid clearance across multiple countries is viewed by policymakers as a competitive advantage.
Economic analysts note that the linkage also enhances resilience by allowing authorities to respond more effectively to disruptions. Shared data enables coordinated responses to surges in demand, rerouting of shipments or regulatory changes, reducing the risk of congestion at individual borders. This coordination has become more important as global trade patterns adjust to geopolitical shifts and evolving production networks.
Japan’s push to fold crypto-linked products into mainstream finance has gained political momentum, with senior government figures signalling support for digital assets trading on regulated exchanges as the country positions 2026 as a milestone year for its digital economy.
Speaking at a New Year gathering at the Tokyo Stock Exchange, Satsuki Katayama, a prominent member of the ruling Liberal Democratic Party known for her advocacy of financial innovation, outlined a vision in which tokenised assets and crypto-linked exchange-traded products operate alongside equities and commodities. While Katayama does not hold the finance minister portfolio, her remarks reflected broader policy debates underway in Tokyo over how far Japan should go in embracing digital finance within its tightly regulated markets.
The comments arrive as global asset managers press Asian regulators to open the door to crypto exchange-traded funds, following approvals in the United States and growing institutional interest in Europe. Japan has long taken a cautious stance after high-profile exchange failures earlier in the past decade, but officials now argue that clearer rules and stronger custody standards make broader participation possible without undermining investor protection.
Within government circles, 2026 is being framed as a symbolic inflection point. Lawmakers and regulators have increasingly referred to the year as a moment when legacy systems and digital infrastructure converge, particularly in capital markets settlement, identity verification and cross-border payments. Katayama described it as the start of a “digital era” for finance, a phrase that has been echoed in policy discussions tied to Japan’s broader digital transformation agenda.
Regulatory authority for any crypto-linked listings ultimately rests with the Financial Services Agency, which oversees exchanges and approves new financial products. The agency has already moved to modernise rules for security tokens and stablecoins, creating a framework that allows banks and trust companies to issue yen-backed digital currencies under strict supervision. Officials familiar with the discussions say the same principles—segregation of client assets, disclosure standards and market surveillance—would apply to crypto ETFs or similar instruments.
Market operators have begun preparing for that possibility. The Tokyo Stock Exchange’s parent group has invested heavily in trading and clearing systems capable of handling tokenised securities, while major brokerage houses are expanding digital asset teams to service institutional clients. Commodity exchanges have also explored how blockchain-based contracts could streamline settlement and reduce counterparty risk, particularly for energy and metals trading.
Japan’s interest in crypto-linked exchange products also reflects competitive pressure from regional peers. Hong Kong has positioned itself as a hub for virtual asset trading, approving spot crypto ETFs and encouraging global issuers to list in the city. Singapore, while more conservative on retail access, has built a reputation for regulatory clarity that attracts institutional capital. Policymakers in Tokyo are wary of ceding ground, especially as domestic pension funds and insurers look for diversified investment options in a low-yield environment.
Still, scepticism remains within Japan’s policy establishment. Some lawmakers and consumer groups warn that crypto markets remain volatile and vulnerable to manipulation, arguing that wider access through stock exchanges could expose unsophisticated investors to sharp losses. Regulators have responded by stressing that any approved products would likely be limited initially to professional investors, with strict marketing controls and suitability requirements.
Industry executives counter that regulated exchange-traded products may actually reduce risk by shifting activity away from offshore platforms toward transparent, supervised venues. They point to Japan’s experience with security tokens, where pilot issuances have proceeded without major incidents under a clear legal framework.
The debate has also revived questions about taxation and accounting. Crypto gains in Japan are currently taxed as miscellaneous income, a structure critics say discourages long-term investment and innovation. Government panels have been reviewing whether a shift toward capital gains treatment is warranted, particularly if digital assets become embedded in mainstream portfolios through ETFs and listed funds.
MEXC has launched a month-long promotional campaign aimed at boosting user engagement and trading volumes, unveiling its “Galaxy Quest” trading event with rewards of up to 1,000 USDT for eligible participants. The initiative, which began on January 2 and runs until January 29, 2026, underscores intensifying competition among global digital asset exchanges seeking to retain active traders amid shifting market conditions. The campaign offers users the chance […]
U. S President Donald Trump intensified geopolitical tensions by openly warning of possible military action against Colombia following a dramatic U. S. operation that resulted in the capture of Venezuela’s president, Nicolas Maduro. Trump made the comments aboard Air Force One, accusing Colombian President Gustavo Petro of presiding over a “sick” government and suggesting Colombia could be targeted if illicit drug and security concerns were not addressed, […]
Washington moved to recalibrate its public posture on Venezuela as Secretary of State Marco Rubio outlined a strategy centred on economic coercion rather than direct governance, while President Donald Trump repeated assertions that the United States would be “in charge” following the removal of Nicolás Maduro. The contrasting messages underscored tensions inside the administration over how far Washington should go in reshaping the oil-rich South American […]
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By Nitya Chakraborty India’s isolation from Global South on the issue of Trump’s invasion of Venezuela is now complete. Prime Minister Narendra Modi claims himself as the leader of Global South. Both at the SCO summit and BRICS meeting last year, Modi was active in articulating the aspirations and the programmes of the developing and […]
