A tentative deal between Iran and Oman on shipping through the Strait of Hormuz is being treated in some quarters as the moment the year’s biggest energy risk finally eases. I believe that investors would be wise to treat it with considerably more caution than that. The scale of what is at stake in this waterway is hard to overstate. In a normal year, roughly 20 million […]
Bitcoin miners are facing an intensifying profitability crisis as the average cost of producing one coin approaches $78,000, leaving about one-fifth of the global mining fleet operating at a loss. Bitcoin was trading near $64,500 on Thursday, roughly 17% below the estimated industry-wide production cost. The gap has persisted for several months, forcing operators to shut down older machines, sell cryptocurrency reserves and redirect capital towards artificial […]
HONG KONG SAR – Media OutReach Newswire – 6 August 2026 – The Chinese University of Hong Kong (CUHK) today (6 August) unveiled its new five-year strategic plan, titled “CUHK 2026–2030: Leaping to Greatness” (the “CUHK 2026-2030“), outlining the University’s development priorities and strategic direction for the next five years. With the ambition to create greater impact on humanity and global communities, CUHK adheres to its vision of becoming a first-class comprehensive research university whose scholarly output, bilingual and multicultural education, and community contributions consistently meet global standards of excellence. As a publicly funded university, CUHK will leverage its strengths in talent cultivation, knowledge innovation and global engagement to contribute to the development of China and the Hong Kong SAR in alignment with priorities in the national 15th Five-Year Plan and the city’s first five-year planning.
The “TIGER” action framework of CUHK 2026–2030 forms five interconnected strategic directions. It reflects a united, well-coordinated and actionable commitment from the entire University to progressively realise our vision of “Leaping to Greatness” that symbolises CUHK’s continued evolution to pursue purpose-driven excellence, impact-oriented outcomes and lasting societal contributions with innovation, rigour and responsibility.
The five interconnected strategic pillars in CUHK 2026–2030 include:
Embracing the new vision with agility characterised in the spirit of a tiger
In his remarks, Professor Dennis Lo Yuk-ming, Vice-Chancellor and President of CUHK, said: “The five key areas of the Strategic Plan form the ‘TIGER’ action framework that embodies courage, agility and drive, underscoring CUHK’s development vision which will be realised through precise planning and rigorous execution. CUHK will continue to drive breakthroughs in life and health sciences, artificial intelligence (AI), quantum science and other frontier fields, and participate in national scientific research initiatives, leveraging Hong Kong’s unique advantages and position as China’s most international city, with an aim of cultivating world-class talent and new knowledge that benefit the world.”
Aligning with the strategic planning of China and the Hong Kong SAR
Professor Lo said: “CUHK 2026–2030is the first five-year strategic plan formulated since I assumed office in 2025. It marks a major milestone in the University’s development in timely alignment with the five-year planning of China and the Hong Kong SAR. At a time of profound global transformation, technological advances are reshaping the world and redefining the role of universities in society. CUHK has joined the world’s top 20 for the first time in the latest Quacquarelli Symonds (QS) World University Rankings, rising to the 18th place. This is a testament to the University’s progress in the past 63 years signifying our global academic influence.”
Professor John Chai Yat-chiu, Chairman of the CUHK Council; Professor Dennis Lo Yuk-ming, Vice-Chancellor and President of CUHK, Professor Isabella Poon Wai-yin, Provost of CUHK, Professor Anthony Chan Tak-cheung, Pro-Vice-Chancellor (Alumni / Community Engagement & Institutional Advancement), Professor Jiang Liwen, Pro-Vice-Chancellor (Research & External Affairs) and Mr Albert Chow Hing-pong, Vice-President (Administration), together with other members of the University’s senior management, attended the media luncheon today to mark the official launch.
Creating value to benefit humanity
Professor Isabella Poon Wai-yin, Provost of CUHK, introduced the University’s priority areas and said: “In face of global challenges such as the AI revolution, sustainable development and climate change, universities carry an unprecedentedly vital mission. A truly impactful university does not merely respond to the present needs of the era, but will also actively shape the direction of our future. Through interdisciplinary, cross-regional and cross-sector collaborations, we aim to translate CUHK’s deep academic foundation, unique collegiate system and global network into a driving force for social progress and innovation.”
Team spirit of CUHK leadership in co-creating the development blueprint
The formulation of CUHK 2026–2030 was a year-long collaborative effort overseen by the Strategic Plan Steering Committee chaired by Professor Lo with support from the senior management team and consultation from the broad CUHK community, from conceptualisation, drafting to visual design. This multi-faceted collaboration fully demonstrates the team spirit of the CUHK community in propelling the University toward a new chapter. The visual design of the Strategic Plan agenda features circular lines and patterns representing the letters “C” and “U” for CUHK. The concentric-circle motif also symbolises CUHK members coming together like concentric circles, uniting their strengths to work towards common goals. The visual palette centres on the university colours of purple and gold, representing passion and loyalty (purple), alongside perseverance and resolve (gold). For details of the Strategic Plan, please refer to https://www.cuhk2030.cuhk.edu.hk.
Key Initiatives
Establishing the 10th College for postgraduates
CUHK will establish a postgraduate college as its 10th college. This initiative will extend the University’s long-standing collegiate system to the postgraduate community, creating a vibrant, international environment for cross-disciplinary dialogue, holistic development and lifelong networking.
In addition, CUHK will develop flagship international undergraduate programmes and signature schemes embedding innovation, entrepreneurship and concepts of sustainability into the curriculum. It will also strengthen industry-academia collaboration and knowledge transfer to attract and nurture outstanding local and international innovative talents. CUHK will also revitalise its General Education curriculum with national and global perspectives. Moreover, the University will strengthen collaboration with CUHK-Shenzhen and other institutions in the GBA and expand opportunities for exchange and internships abroad to support students’ holistic development and lifelong learning.
Attracting global talent and expanding international impact
CUHK will leverage its strengths as an international research university to attract outstanding students, scholars and researchers from around the world, fostering a diverse and inclusive academic community. Currently, approximately 56% of CUHK’s professors come from outside Hong Kong while the University achieved a perfect score in the QS international faculty ratio indicator, demonstrating its success in attracting top academic talent globally.
This year, applications from non-local students increased by about 20% compared with last year. Applications from regions outside the Chinese Mainland rose even more significantly, by 75%, with most applicants coming from Southeast Asia and the Middle East, reflecting CUHK’s growing international appeal. To attract exceptional students, CUHK launched the Fenghuang Scholarship this year. The scholarship offers outstanding students who achieve excellent results in local and overseas public examinations financial support, together with overseas exchange opportunities. Through this initiative, the University aims to attract high-calibre young talent and nurture future leaders with a global vision, innovative capabilities and a strong sense of social responsibility.
Driving interdisciplinary research to address global challenges
CUHK will seize opportunities arising from the Northern Metropolis, the Hetao Cooperation Zone and the Guangdong-Hong Kong-Macao Greater Bay Area, while focusing on frontier fields including life and health technologies, AI, quantum science and green technology. The University will further integrate into the national research and innovation ecosystem and actively participate in major scientific initiatives spanning space, polar research and deep-sea studies, fostering comprehensive development from Antarctic expeditions and space missions to the translation of world-class innovations.
In recent years, CUHK has been actively demonstrating its research excellence. Notable achievements include the successful launch of CUHK Sat-1, the world’s first AI satellite dedicated to urban sustainable development, and leading the development of the laser heterodyne spectrometer selected for the nation’s Tianwen-3 Mars exploration mission. These accomplishments underscore the University’s pivotal role in supporting national strategic science and technology development. Furthermore, the Hong Kong Centre for Logistics Robotics, an InnoHK centre established by CUHK, founded Hong Kong’s first full-stack embodied intelligence laboratory in 2026 to drive frontier technologies in embodied AI and robotics, further consolidating Hong Kong’s position as an international innovation and technology hub.
Hashtag: #CUHK #2026-2030 #five-year #strategicplan
https://www.cuhk.edu.hk/
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https://www.instagram.com/thechineseuniversityofhongkong/
https://www.youtube.com/user/CUHKchannel
The issuer is solely responsible for the content of this announcement.
Founded in 1963, The Chinese University of Hong Kong (CUHK) is a leading comprehensive research university with a global reputation and world-leading rankings. Located in the heart of Asia, CUHK has a vision and a mission to combine tradition with modernity, and to bring together China and the West. Under the University’s unique collegiate system, the programmes and activities offered by its nine colleges complement the formal curricula by delivering whole-person education and pastoral care. The University has eight faculties: Arts, Business Administration, Education, Engineering, Law, Medicine, Science, and Social Science. Together with the Graduate School, the University offers over 300 undergraduate and postgraduate programmes. All faculties are actively engaged in research in a wide range of disciplines, with an array of research institutes and research centres specialising in interdisciplinary research of the highest quality.
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Dubai has ranked second worldwide in Boston Consulting Group’s inaugural Intelligent Cities Index, placing behind London and ahead of New York, Washington and Amsterdam. The benchmark assessed 61 major cities across 39 countries on how effectively they use artificial intelligence and digital technology to serve residents and businesses. Dubai received an overall score of 80, compared with London’s 85, and was classified among the five cities demonstrating […]
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Leaked Google Pixel 11 promotional material has revealed a rear notification system called HiLight while casting doubt on an eye-catching claim that one model can reach 55% battery capacity after five minutes of charging. The apparently official marketing images describe HiLight as a discreet illumination feature that activates when the handset is placed face down. It is expected to signal calls from selected contacts and interactions with […]
WASHINGTON — SpaceX has launched three AST SpaceMobile satellites designed to deliver high-speed cellular broadband directly to ordinary smartphones, expanding a constellation intended to connect users beyond the reach of terrestrial mobile towers. A Falcon 9 rocket lifted off from Space Launch Complex 40 at Cape Canaveral Space Force Station in Florida at 3.49 am Eastern Time on Wednesday, carrying the BlueBird 11, 12 and 13 spacecraft […]
Google is concentrating more of its artificial intelligence leadership and development work at its Mountain View headquarters as it seeks faster decisions, tighter product integration and a stronger response to Anthropic and OpenAI. The shift places Koray Kavukcuoglu, Alphabet’s chief AI architect, at the centre of the company’s effort to turn advanced research into widely used products. Kavukcuoglu has moved full-time from London to California after previously […]
Arabian Post Staff -Dubai BNW Developments plans to build about 10,000 homes across Dubai and Ras Al Khaimah over the next four years, marking a significant expansion of its residential and hospitality-led property portfolio in the UAE. The developer is preparing projects ranging from branded residences and waterfront apartments to mixed-use communities and hotels. Its current pipeline comprises 12 developments at different stages of planning and construction, […]
US Defence Secretary Pete Hegseth has rejected a report that the military has exhausted nearly 80 per cent of its principal high-altitude missile interceptors during the war with Iran, insisting that American forces retain the weapons required to sustain operations. Hegseth described the account as untrue after CNN reported that the Pentagon had used almost four-fifths of the interceptor inventory for the Terminal High Altitude Area Defense […]
The Development Bank of Southern Africa has backed a major financing package to rehabilitate and expand Angola’s Lobito railway, strengthening a trade route designed to connect Central Africa’s copper and cobalt-producing regions with Atlantic markets. The bank is providing up to $200 million in senior debt alongside $553 million from the US International Development Finance Corporation. The $753 million package has reached financial close, allowing work to […]
Zhongji Innolight dropped about 10% in both Shanghai and Hong Kong, while Eoptolink Technology also lost 10%. Suzhou TFC Optical Communication declined roughly 6%. The CSI 300 Telecommunication Services Index fell as much as 9% during early trading before trimming some losses.
The sell-off followed disclosures that the administration of US President Donald Trump is drafting a measure that would bar imports of new Chinese optical transceiver models on national security grounds. The Federal Communications Commission is working on the proposed restrictions and is seeking to publish them before the end of the year.
No final decision has been announced, and the proposed rules could be altered, delayed or abandoned. Neither the White House nor the FCC has publicly detailed the measure.
Optical transceivers are essential components in modern data centres. They convert electrical signals into light and allow vast volumes of information to move at high speed through fibre-optic cables connecting servers, switches and computing clusters.
Demand for the devices has surged as technology groups build larger facilities for training and operating artificial intelligence models. These systems require thousands of advanced processors to communicate rapidly, making optical networking a critical part of the AI supply chain.
Chinese manufacturers have secured a substantial position in the global market by combining high-volume production with competitive pricing. Zhongji Innolight holds an estimated 27% share of the global data-centre transceiver market and is among the leading suppliers of high-speed products used in AI computing systems.
The company derived 62% of its revenue from the United States during the first quarter of 2026. It has previously warned that an escalation in trade tensions could produce a steep decline in earnings or lead to losses.
Eoptolink is similarly exposed, generating about 96% of its sales from overseas markets. TFC Optical also depends heavily on foreign customers, leaving all three companies vulnerable to any restriction affecting shipments to US cloud-computing operators.
The proposed action would mark a further expansion of Washington’s technology controls. Earlier measures concentrated mainly on preventing China from acquiring advanced semiconductors, chipmaking equipment and other technologies with potential military applications.
US policy is now extending towards limiting Chinese companies’ access to the domestic market. The FCC has already imposed or prepared restrictions covering telecommunications equipment, drones, routers, connected power inverters and advanced robots.
Under the plan being considered, the agency could initially prohibit imports of all new optical transceiver models and then grant exemptions to suppliers outside China. Existing devices may remain unaffected, although the scope of any final regulation has yet to be established.
US officials are concerned that foreign-made components embedded in data centres could enable data theft, malware installation or service disruption. Supporters of tighter controls argue that Washington should act before Chinese equipment becomes deeply integrated into critical AI infrastructure.
The approach reflects lessons drawn from Huawei, whose telecommunications equipment became widely installed before security restrictions were introduced. Removing or replacing those systems proved costly and complicated for network operators.
A ban would also create challenges for US cloud-computing companies. Amazon Web Services and other operators may have to shift orders to suppliers such as Coherent and Lumentum, potentially increasing procurement costs and slowing the expansion of data-centre capacity.
Shares of US optical-networking companies rose after details of the proposal emerged. Lumentum gained about 7%, Coherent climbed 11% and Applied Optoelectronics advanced 18%, as investors anticipated greater demand for non-Chinese products.
Industry specialists have cautioned that US suppliers may lack the manufacturing scale required to replace Chinese vendors quickly. Any abrupt change could tighten global supplies of high-speed transceivers at a time when technology groups are spending heavily on AI infrastructure.
Some market analysts also viewed Wednesday’s declines as excessive. They said the proposal could serve as a negotiating tool before an expected visit by Chinese President Xi Jinping to the United States in September.
Trade relations remain shaped by mutual dependence. Washington relies on China for rare-earth minerals used in electronics and optical systems, while Chinese technology companies depend on US customers, processors and specialised equipment.
Abu Dhabi’s luxury housing market is entering a more discerning phase as affluent buyers increasingly favour design quality, liveability and enduring value over short-term price gains. The shift is unfolding alongside strong market activity. Property transactions across the emirate reached about AED117 billion during the first half of 2026, while foreign direct investment in real estate rose to AED13.8 billion. International demand has broadened as Abu Dhabi […]
The UAE’s non-oil private sector expanded at its strongest pace in four months during July, supported by a revival in customer demand, improving exports and smoother regional trade flows. The seasonally adjusted S&P Global UAE Purchasing Managers’ Index rose to 52.7 from 50.8 in June, moving further above the 50-point threshold that separates expansion from contraction. The increase marked a sharp recovery from June, when business conditions […]
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Arabian Post Staff -Dubai The global oil market has lost more than 2.6 billion barrels since the US-Israeli war with Iran began on February 28, Saudi Aramco chief executive Amin Nasser has said, warning that depleted inventories will take more than a year to rebuild. The cumulative loss is equivalent to nearly one month of worldwide oil consumption and reflects the prolonged disruption of shipping through the […]
The certification recognizes the substantial progress Vinhomes Green Paradise has made in advancing its smart city development in alignment with international standards. WCCD acknowledged that the project has achieved remarkable progress in its design, planning, and development strategy. This WCCD Certification serves as an important foundation for the project as it advances toward Full Certification upon commencement of operations.
The award of the WCCD Interim Custom ISO 37122 Smart City Certification follows a comprehensive assessment conducted by the WCCD and based upon the customized indicators framework WCCD specifically developed for greenfield development projects. The framework incorporates the core principles of ISO 37122, one of the world’s most respected international standards for measuring and evaluating smart city performance.
Dr. Patricia McCarney, President & CEO of the World Council on City Data (WCCD) and Director of Standardized Urban Metrics (SUM), stated: “This WCCD InterimCustom ISO 37122 Smart City Certification recognizes Vinhomes’ long-term vision and commitment to developing a smart, sustainable, and future-ready urban model. The Vinhomes Green Paradise – Can Gio urban development project is now equipped with a powerful baseline of data designed to propel success, providing a strong foundation for year-over-year monitoring of development goals in smart urban governance, infrastructure development, technology adoption and sustainability, ensuring Full ISO 37122 Certification once operations commence. We congratulate Vinhomes on this important certification milestone, a global first, setting a new precedent for greenfield developments in cities worldwide.“
Mr. Chulse Oh, Head of AX Group at Korea Management Association Consultants (KMAC), commented: “The award of the WCCD Interim Custom ISO 37122 Smart City Certification marks an important milestone in realizing the vision of a world-class smart city in Vietnam. KMAC will continue to support the project in developing smart city solutions and implementation strategies and refining the criteria for a comprehensive smart city model during the operational phase.”
In March 2026, Vinhomes Green Paradise officially launched its Smart City Certification Project in partnership with WCCD, SUM, and KMAC. Under the agreed roadmap, the Interim Custom Certification represents the first major milestone in the process of assessing and refining the criteria for a comprehensive smart city model aligned with international standards.
Vinhomes Green Paradise benefits from a unique geographical setting, overlooking the Can Gio Sea and adjacent to the UNESCO-recognized Can Gio Mangrove Biosphere Reserve, which spans over 75,000 hectares. The development features a total area of 2,870 hectares, and a construction density of only 16%. Vinhomes is pioneering the project under its enhanced ESG++ model, structured around five pillars: Environment, Social, Governance, Regeneration, and Climate Adaptation.
Upon full operation, the entire urban management system will be greened, with the goal of utilizing 100% clean electricity generated from renewable energy sources and achieving 100% net-zero emission transportation. In addition to strict compliance with environmental protection standards, the project places a strong emphasis on biodiversity conservation and ecosystem regeneration, aligned with Ho Chi Minh City’s climate adaptation strategy.
To support these efforts, a Forest Regeneration and Climate Adaptation Fund will be established to finance research, restoration, and long-term resilience initiatives. A key focus of the fund is the regeneration of the Can Gio mangrove ecosystem, helping to create a protective green belt for the entire development.
With its pioneering ESG++ vision, Vinhomes Green Paradise has become the first Official Participant in the “7 Wonders of the Future Cities” campaign initiated by New7Wonders.
The award of the WCCD Interim Custom ISO 37122 Smart City Certification further reinforces Vinhomes Green Paradise’s pioneering vision in advancing a smart and sustainable urban model that meets international standards, while progressing toward becoming a benchmark future city for the region and the world.
Hashtag: #Vinhomes
The issuer is solely responsible for the content of this announcement.
Vinhomes is Vietnam’s leading real estate investment, development, and management company. It currently operates 32 urban developments while expanding its portfolio of flagship projects across strategically important provinces and cities nationwide. By integrating Environmental, Social, and Governance (ESG) principles with modern, highly connected infrastructure, Vinhomes is creating world-class integrated townships and megacities that are redefining Vietnam’s real estate market, driving sustainable development, and elevating the country’s urban landscape to international standards.
Established in Canada in 2014, the World Council on City Data (WCCD) is committed to helping cities and communities of all sizes globally embrace ISO standardized, independently verified, and globally comparable city data. The organization facilitates data-driven decision-making processes in management, planning, and investment, enabling cities to become more sustainable, safe, resilient, prosperous, inclusive, and smart.
The WCCD team of professionals spearheaded the development and implementation of three international standards on city data, which have been published by the International Organization for Standardization (ISO) in Geneva. These standards, referred to as the WCCD ISO 37120 Series on City Data, encompass ISO 37120 (Indicators for Sustainable Cities), ISO 37122 (Indicators for Smart Cities), and ISO 37123 (Indicators for Resilient Cities).
Since its inception, the WCCD has been expanding its global network of cities dedicated to high-caliber data. The WCCD collaborates with more than 125 cities across 40 different countries.
About Standardized Urban Metrics (SUM):
Cities worldwide are taking centre stage in the drive toward sustainable development and the prosperity of nations. Standardized Urban Metrics (SUM) is designed to build on the strengths of its rapidly expanding global network of city leaders, senior levels of government officials, private capital market professionals and key international organizations and industry innovators dedicated to securing a better future for cities.
SUM’s service provision spans services connected to the ISO 37120 Series (ISO 37120 – Indicators for City Services and Quality of Life, ISO 37122 – Indicators for Smart Cities and ISO 37123 – Indicators for Resilient Cities) in partnership with the World Council on City Data (WCCD). The SUM team work with city leaders and private developers to customize these ISO certifications for new greenfield developments – new cities, new business districts and new communities.
SUM houses a new global first – the ISO 37125 International Standard on Environmental, Social and Governance (ESG) Indicators for Cities and Regions. The SUM ISO 37125 certification protocol supports cities to report ESG city level data in conformity with the ISO globally standardized definitions and methodologies. SUM’s third-party verification process ensures the highest calibre data for cities across the globe. This Standard provides city leaders, governments, and the private sector with a robust, data-driven framework to guide ESG initiatives, drive infrastructure investment, attract investment, create and implement strategic planning decisions, propel innovation, and ensure socially inclusive planning and management. SUM is welcoming cities to join an exciting global cohort of World Premiere Cities – the first ISO 37125-certified cities.
SUM establishes a global hub for innovative learning partnerships among leaders of cities and private capital markets. Together, SUM and its partners foster innovation, imagine alternative futures, and create more livable cities. Certification by SUM underscores a collective commitment to a sustainable and prosperous future for cities and regions.
For more information, please contact:
Dr. Patricia McCarney
President & CEO, World Council on City Data (WCCD) and
Director, Standardized Urban Metrics (SUM)
[email protected]
About KMAC
Korea Management Association Consultants (KMAC) is one of Asia’s leading management consulting firms, delivering end-to-end capabilities from strategy formulation and transformation design to operational implementation and performance improvement. For decades, KMAC has served as a trusted innovation partner to the Korean government, public institutions, and leading private-sector enterprises, helping shape and execute initiatives that strengthen national competitiveness, modernize industries, and advance digital and AI transformation, sustainability, and organizational excellence. By combining deep sector expertise, rigorous strategic insight, and proven execution capabilities with an extensive regional network, KMAC enables clients to convert ambitious visions into actionable roadmaps, measurable operational outcomes, and sustainable growth across Asia and global markets.
For more information, please contact:
Mr. Young Hwan Park
Team Lead of Asia Business Center,
Korea Management Association Consultants (KMAC)
[email protected]
Etihad Rail will open passenger stations in Dubai and Al Dhaid on September 30 as the UAE’s national railway operator accelerates a phased expansion supported by strong early demand.The two openings will mark the formal launch of the wider passenger network, three months after introductory services began between Mohamed bin Zayed City in Abu Dhabi and Fujairah on June 30. More than 70,000 tickets have been sold […]
US President Donald Trump has made Saudi Arabia’s entry into the Abraham Accords a condition for advancing a civil nuclear cooperation agreement, adding a major political hurdle to a partnership designed to reshape energy and security ties between Washington and Riyadh. Trump said the proposed programme would be confined to civilian purposes and would not permit uranium enrichment. His intervention came after the two governments signed a […]
Dubai has established a committee to coordinate the emirate’s media narrative across government, semi-government and private sector organisations, seeking greater consistency in how its development, policies and ambitions are communicated worldwide. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai and Chairman of the Dubai Media Council, issued Council Decision No. 16 of 2026 establishing the Dubai Media Narrative Committee. The committee will […]
