South Africa’s net foreign reserves fell to $73.19 billion at the end of March from $75.84 billion in February, as the country’s gross reserves also dropped to $77.76 billion from $81.06 billion, according to central bank data released on Thursday. The decline came after a stronger February reading and marks a pullback from levels that had been supported earlier this year by higher reserve values and foreign-exchange […]
Arabian Post Staff -Dubai Mubadala Capital has closed its biggest Brazil-focused investment vehicle at about $900 million, exceeding its original $750 million target in a sign that large overseas investors still see room for opportunistic deals in Latin America’s biggest economy despite a tougher global fundraising climate. The fund, Brazil Special Opportunities Fund III, was backed by a $250 million anchor commitment from Mubadala Capital, the investment […]
Jardines embeds sustainability within its value creation strategy and applies a rigorous lens to investment and capital allocation decisions. There are clear sustainability expectations for our diverse portfolio of market‑leading businesses with the aim to build resilience and mitigate emerging risks.
Earlier, Jardines announced its strategic repositioning from owner-operator to an investment company with a focus on sustainable, top-quartile Total Shareholder Return. Jardines is also committed to active portfolio value creation, talent development, world-class governance and sustainability improvements across its portfolio.
In 2025, Jardine Matheson delivered strong progress on its ‘Building Towards 2030’ sustainability strategy:
Ben Keswick, Executive Chairman of Jardine Matheson said, “Sustainability is foundational to how we protect and enhance economic value and build long-term resilience across Jardine Matheson – it is an essential value that every business in our portfolio must commit to and that guides the investment decisions we make. We will continue to embed sustainability in our strategy and portfolio management decisions, with a clear focus on decarbonisation, by setting clear commitments, measuring progress against our roadmaps, and applying disciplined governance across our portfolio.”
Decarbonisation is top priority
Contributing to a sustainable, low-carbon future is a strategic priority for Jardines. In 2025, the Group delivered an 8% reduction in total scope 1 and 2 emissions, reflecting steady progress across its diversified portfolio. This was supported by a continued shift away from fossil-fuel energy, with renewable energy accounting for 45% of total energy consumption, alongside an overall reduction in energy use.
Jardines’ decarbonisation approach is structured around two pathways: a Decarbonisation Pathway, and a Transition Pathway for mining and energy businesses.
In 2025, Jardines’ portfolio companies began formal reporting on climate risks and opportunities to their audit committees, following the integration of climate risks into existing ERM processes the prior year. Alongside, Jardines is also integrating sustainability factors into investment due diligence and decision-making, ensuring material sustainability-related aspects of an investment are considered as Jardines continues to unlock value creation for its stakeholders.
Looking forward
Looking ahead, Jardines will continue to embed sustainability as a core value driver across its portfolio by setting clear commitments and prioritising decarbonisation. The Group will continue to strengthen governance and incentives to drive accountability and deliver on scope 1 and 2 emissions reduction pathways.
To access the Sustainability Report 2025, please visit sustainability.jardines.com/2025/ or click here to download the PDF.
Hashtag: #JardineMatheson
https://www.jardines.com
https://www.linkedin.com/company/jardine-matheson/
The issuer is solely responsible for the content of this announcement.
Jardine Matheson (Jardines) is a diversified, Asia-focused investment company. Founded in China in 1832, Jardines creates value for our stakeholders by building lasting, scalable businesses in Asia that produce sustainable returns and market leading services and products.
We ensure highly-qualified boards and leadership teams are in place across the Group, with incentives aligned to driving shareholder value. At the holding company level, we aim for decisive portfolio management built on disciplined capital allocation and strong investment expertise.
At Jardines, we value integrity and long-term partnerships. We ensure global best practice in risk management and governance is embedded across our portfolio, and coupled a strong balance sheet with excellent access to low-cost funding from banks and the capital markets.
Since our founding, Jardines has benefitted from the role of family shareholders who act as long term stewards of our values and commitments – which includes embedding sustainability across our portfolio companies and doing right by our communities for the long term. We are proud to build value for shareholders while also making a positive contribution to the communities we serve.
Jardine Matheson holds interests in Hongkong Land (54.7%), DFI Retail Group (77.5%), Mandarin Oriental (100%), Jardine Pacific (100%), Jardine Cycle & Carriage (JC&C) (85.7%), and Zhongsheng (21.4%). JC&C in turn has a 50.1% shareholding in Astra.
Jardine Matheson Holdings Limited is a listed company with a primary listing on the London Stock Exchange and a secondary listing in Singapore.
Alchemy, the blockchain infrastructure company often described in the sector as a crypto equivalent of cloud back-end provider AWS, has launched AgentPay, a new tool aimed at solving a fast-emerging problem in machine commerce: AI payment systems are being built on different rails and often cannot work with one another. The company says AgentPay gives merchants and service providers a single integration layer so they can accept […]
The head of the International Monetary Fund on Monday defined the direction of glbal economic travel with unusual clarity. “All roads now lead to higher prices and slower growth,” said managing director Kristalina Georgieva in an interview. The IMF had expected global growth of 3.3% in 2026. Six weeks of war centred on Iran and the disruption of the Strait of Hormuz have already forced a rethink. […]
Romania is poised to keep borrowing costs unchanged as a fresh oil shock clouds the inflation outlook and leaves policymakers wary of loosening monetary conditions too early. The National Bank of Romania is widely expected to leave its benchmark interest rate at 6.5 per cent, preserving one of the European Union’s highest policy rates while consumer prices remain far above target and fiscal strains continue to weigh […]
Iran-linked hackers mounted a coordinated password-spraying operation against Microsoft 365 tenants across the Middle East in March, with Israel and the United Arab Emirates emerging as the main targets in a campaign that cyber researchers say shows how regional conflict is increasingly being mirrored in the cloud. Check Point Research said the activity came in three waves on March 3, March 13 and March 23, hitting more […]
Security leaders are being told to treat “vibe coding” as a governance issue, not merely a productivity trend, as AI assistants move deeper into software development and expose organisations to flaws ranging from insecure dependencies to credential leakage and command injection. Guidance from standards bodies and security groups now points towards a simple principle: code produced with AI should be handled as untrusted until it has passed […]
Tokenisation of financial assets could pull some of the crypto market’s most destabilising traits into mainstream finance, the International Monetary Fund has warned, saying the same technology that promises faster settlement and lower costs may also magnify volatility, fragment liquidity and leave regulators with less time to respond in a crisis. The IMF set out the warning in an April note by Tobias Adrian, its financial counsellor, […]
LinkedIn is facing mounting privacy questions after an investigation branded “BrowserGate” alleged the Microsoft-owned professional network scans thousands of browser extensions and gathers detailed device information from visitors without clear consent, raising fresh scrutiny over how large platforms monitor users and enforce their rules. Independent testing by a cybersecurity news outlet said it confirmed that LinkedIn’s site loads code able to detect more than 6,000 extensions in […]
By Nantoo Banerjee The Reserve Bank of India and the government may officially deny or even pretend to ignore the adverse impact of the continuous downhill journey of the Indian Rupee against the US Dollar on the economy, the disturbing trend, if not contained, is bound to lead the heavily import-reliant nation to high inflation […]
The article Indian Rupee’s Continuous Downtrend Is A Big Concern appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
The project is a collaboration between Wycombe Abbey, BE Education, and Rabbit Holdings, a subsidiary of BTS Group Holdings Public Company Limited, reflecting the continued expansion of global education networks into Asia and Thailand’s growing relevance as a destination for international schooling.
Founded in 1896 in Buckinghamshire, Wycombe Abbey is widely recognised for its academic excellence and long-standing reputation for combining rigorous British curricula, including IGCSEs and A Levels, with a holistic approach to student development. The model emphasises intellectual curiosity, leadership, and a global perspective.
Wycombe Abbey also represents a rare example of a historic global institution that has successfully maintained its academic standards while expanding internationally. Its schools in Hong Kong and major cities across China have demonstrated the ability to uphold the same quality of education, driven by close collaboration and strict academic oversight from Wycombe Abbey UK. This approach ensures consistency in teaching standards, student outcomes, and the overall educational experience across its international network.
The school’s entry into Thailand comes amid sustained growth in the country’s international education sector. Thailand currently hosts more than 250 international schools serving approximately 70,000 to 80,000 students. The market is valued at over 80 billion baht and continues to expand at an annual rate of around 10%, driven by rising demand from both Thai and expatriate families seeking globally recognised education pathways.
Bangkok’s appeal as an education destination is supported by its quality of life, safety, regional connectivity, and relatively competitive cost of living, positioning the city as a potential regional hub for international families.
Wycombe Abbey’s international network already spans Hong Kong and multiple cities in China, including Changzhou, Hangzhou, and Nanjing. Bangkok will serve as one of its newest strategic locations, with further expansion planned in Singapore and South Korea, strengthening cross-border academic connections and student mobility within Asia.
William Vanbergen, Founder and Chairman of BE Education and Chairman of the Wycombe Abbey International Advisory Board, said the expansion represents more than a geographic extension.
“Wycombe Abbey isn’t just expanding. It is bringing one of the UK’s most respected educational traditions into Asia, while creating a multi-campus network that connects students across locations through shared experiences and collaboration,” he said.
Chotchawal Leetrairong, representing BTS Group Holdings and serving as financial advisor, said the investment aligns with a broader vision of urban development.
“World-class education is a fundamental component of a global city. Our investment reflects a long-term commitment to strengthening Bangkok’s position by supporting international education, talent attraction, and economic development,” he said.
Fiona Angel, Founding Executive Headteacher of Wycombe Abbey International School Bangkok, said the school will focus on developing well-rounded students equipped for a rapidly evolving global environment.
The school will offer a continuous 15-year education pathway from Nursery to Year 13 (ages 2–18), with both day and boarding options. Boarding will remain a central element of the educational model, designed to foster independence, responsibility, and leadership within a structured learning community.
Located near Thana City on Bangna-Trad Road, the campus will span over 66 acres, positioning it among the largest international school campuses in Bangkok. Facilities will include an Olympic-standard swimming pool, FIFA-standard football field, tennis and golf facilities, basketball courts, a full athletics track, and a 1,000-seat stadium, supporting both academic and co-curricular development.
The combination of Wycombe Abbey’s academic reputation and the school’s strategic location is expected to further strengthen Bangkok’s position as an emerging Asian education hub. Situated just 10 minutes from Suvarnabhumi Airport, the campus offers convenient regional access for international families, while its high-quality boarding facilities are designed to meet the needs of students and parents across Asia. This positioning is expected to attract a growing number of families seeking world-class education within the region.
Wycombe Abbey has consistently delivered strong academic outcomes. Over the past decade, 28% of its graduates have secured places at Oxford and Cambridge, with many progressing to leading universities worldwide. Across its international network, 38% of students in its Hong Kong and China campuses have been admitted to QS Top 10 universities, while 74% have gained entry to QS Top 50 institutions globally.
With its established academic track record, international network, and large-scale campus, Wycombe Abbey International School Bangkok aims to position itself as a leading provider of British-curriculum education in Southeast Asia, while contributing to Bangkok’s long-term development as a global education destination.
For more information, please visit https://wycombeabbeyinternational.com/schools/bangkok/
Hashtag: #WycombeAbbey
https://wycombeabbeyinternational.com/schools/bangkok/
The issuer is solely responsible for the content of this announcement.
Google DeepMind has warned that autonomous AI agents face a widening security risk from malicious web content designed not for humans, but for machines that browse, interpret and act online. The threat, described by researchers as “AI Agent Traps”, centres on adversarial web pages and digital resources crafted to mislead, hijack or exploit AI systems as they move beyond chatbot functions into tasks such as handling email, […]
Patients with dangerously hard-to-control blood pressure may be moving closer to a new treatment option after late-stage evidence showed baxdrostat can cut systolic pressure in people who do not respond adequately to standard medicines. The once-daily pill, developed by AstraZeneca, works by blocking aldosterone synthase, an enzyme involved in producing the hormone aldosterone, which drives salt and water retention and can keep blood pressure elevated despite multiple […]
Greenlogue/AP Parched hillsides and a sharply weaker winter rain pattern are putting Darjeeling tea under fresh strain, with planters warning that the famed first flush harvest is again under pressure and that the flavour profile underpinning the tea’s global prestige is becoming harder to preserve. Rainfall deficits across eastern and north-eastern parts of the country were severe through early February, and Darjeeling itself was reported to have […]
Researchers at the Institute of Semiconductor Physics of the Siberian Branch of the Russian Academy of Sciences say they have developed and patented a wearable sensor designed to attach to the arm and track stress through compounds found in sweat, adding a new Russian entrant to a fast-moving global race to turn biochemical signals into consumer-friendly health data. According to the official account carried by Emirates News […]
Arabian Post Staff -Dubai Kingdom Holding Company has agreed to buy Prince Alwaleed bin Talal AlSaud’s stake in Breakthrough Energy Ventures for 255 million riyals, or about $68 million, in a deal that pushes the Riyadh-listed investment firm further into climate-focused venture capital while underlining the growing role of Gulf capital in technology bets beyond conventional energy. The company disclosed the transaction on 2 April and said […]
Greenlogue/AP TotalEnergies and Abu Dhabi Future Energy Company PJSC – Masdar have signed a binding agreement to create a $2.2 billion joint venture that will combine their onshore renewable energy activities across nine Asian markets, in a move that underlines how large energy groups are shifting capital towards power demand growth in the region. The partners said the new platform will be owned equally, based in Abu […]
Arabian Post Staff -Dubai A three-way alliance between the International Monetary Fund, the World Bank Group and the International Energy Agency has opened a new front in the battle against the widening energy and economic turmoil linked to the war in the Middle East, with the institutions agreeing to form a coordination group to help governments manage price shocks, funding strains and supply disruptions. The move, announced […]
US-based Patel Family Office and Dammam-headquartered Abdel Hadi A. Al-Qahtani & Sons have signed a $1 billion agreement to build 50 business hotels across Saudi Arabia by 2029, betting that the Kingdom’s fast-growing corporate travel market now needs more standardised mid-market accommodation than luxury-led supply can offer. The partners said the platform, branded AYARA, was signed at the FII PRIORITY Summit in Miami and is expected to […]
Arabian Post Staff -Dubai Dubai’s off-plan apartment market has continued to draw buyers despite geopolitical turbulence, with sales in March reaching AED 17.5 billion, or about $4.8 billion, and transaction volumes climbing to 7,983 deals, according to an analysis of Dubai Land Department data. The figures suggest that investor appetite in the emirate’s residential market has so far remained intact even as regional conflict has unsettled broader […]
Global energy markets are facing a supply shock more severe than the oil crises of 1973 and 1979 combined with the gas disruption that followed Russia’s 2022 invasion of Ukraine, according to International Energy Agency executive director Fatih Birol, who said mounting losses of oil and liquefied natural gas from the Middle East were set to intensify through April. Birol said more than 12 million barrels of […]
Questions over staffing and tower procedures at New York’s LaGuardia Airport have intensified after documents indicated air traffic control roles may have been combined before the time allowed under local operating rules on the night an Air Canada regional jet collided with a fire truck, killing both pilots. The collision took place at about 11:37 pm local time on March 22, when Air Canada Express Flight 8646, […]
Highlights of the Annual Results for the Year Ended December 31, 2025:
HONG KONG SAR – Media OutReach Newswire – 1 April 2026 – Ingdan, Inc. (“Ingdan” or the “Company,” Stock Code: 400.HK; together with its subsidiaries, the “Group”), an innovative technology services platform group, today announced its audited consolidated results for the year ended December 31, 2025 (“2025” or “the Year”). The results reflect a landmark year of performance, further cementing the Company’s position at the core of the AI industry value chain. The Group serves as an ecosystem services platform anchored in AI chips, with a strategic focus on AI computing power centers and AI smart terminals. The Company is dedicated to building an AI industry connector with broad industrial linkages. Its core positioning is to bridge upstream AI chip technology with the needs of downstream innovation enterprises. The Group has established deep partnerships with world-leading chip manufacturers including NVIDIA, Xilinx, Intel, AMD, and SanDisk. Leveraging chip distribution as its gateway, the Group provides customers with an integrated, full-chain service covering technology solutions, supply chain services, technical training, and after-sales operation and maintenance — connecting the ecosystem service chain from chip supply to end-application deployment, and empowering the industrialization of AI technology.
2025 Full Year Financial Highlights
Benefiting from continued robust AI computing power demand and a significant uptick in chip requirements across AI technology-related industries, the Group’s revenue for the year reached approximately RMB15,206.7 million, comprising 62.6% from technology solutions, 37.0% from distribution business, and 0.4% from proprietary products — representing a year-on-year increase of approximately 50.1% from RMB10,129.1 million in 2024. The Group’s gross profit was approximately RMB1,104.2 million, up 24.1% year-on-year. Operating profit was approximately RMB532.4 million, up 24.4% year-on-year. Net profit after tax was approximately RMB310.2 million, up 13.4% year-on-year. Profit attributable to equity shareholders of the Company was approximately RMB214.8 million, up 13.1% year-on-year.
As at December 31, 2025, the Group’s cash and bank balances (including pledged deposits) amounted to RMB1,264.3 million, bank loans stood at RMB2,628.0 million. The total number of issued ordinary shares was 1,644,262,732 shares, with basic weighted average shares of 1,582,928,000 shares.
Deepening AI Computing Power Supply Chain: Comtech Continuously Empowering Industry Innovation
In the current strategic growth phase of the global semiconductor industry, the synergistic evolution of AI, cloud computing, and IoT technologies — combined with breakthroughs in humanoid robotics — is driving exponential growth in global computing power demand. This trend is not only spurring iterative demand for high-performance computing chips such as GPUs and ASICs, but also accelerating technological upgrades across the entire industry chain, including high-speed storage chips and intelligent networking equipment.
Against this backdrop, the Group’s core business unit, Comtech (“Comtech”) — a technology services platform for the chip industry — serves as a core supplier in the AI computing power supply chain, and is deeply engaged in the development of global computing power networks, with its service coverage spanning data centers, AI servers, AI switches, optical modules, and a wide range of AI application sectors. Comtech collaborates closely with leading global chip manufacturers, acting as an authorized distributor for over 80 core suppliers, including NVIDIA, Xilinx, Intel, AMD, and SanDisk, and many leading domestic chipmakers.
Leveraging years of deep market expertise, Comtech has accumulated extensive technical experience and industrial resources, enabling it to provide chip application solutions and supply chain management services to tens of thousands of downstream clients. Utilizing proprietary AI technologies, large language models (LLMs), and specialized knowledge bases, Comtech delivers intelligent and automated solutions in chip selection, hardware design, software development, and system integration, significantly enhancing product performance and reliability.
Comtech’s proprietary product line is entering a new era of AI acceleration. The Company holds multiple proprietary intellectual property rights in AI chip applications and intelligent supply chain, including an intelligent algorithm library, industry-specific large language models, an intelligent hardware design platform, an adaptive system architecture, and a broad portfolio of innovative technology patents. Its subsidiary, Kepler Lab, has successfully developed SOM-level proprietary products based on core chips including NVIDIA Jetson and Xilinx FPGA. Benchmarked against international advanced standards, these domestically developed AI edge computing products have achieved mass shipments to customers including customs authorities and banks, and are being actively expanded into emerging sectors such as robotics, medical devices, and autonomous driving. With high gross margins and a customer base that naturally overlaps with the Company’s traditional distribution business, this proprietary product line is poised to establish a second growth curve — marking the Company’s strategic transformation from a supply chain service provider to a technology value-added service provider, and opening compelling new possibilities for the Group’s long-term value creation.
As at December 31, 2025, Comtech’s adjusted distribution cost (“ADC”) inventory amounted to approximately RMB772.0 million. For the year ended December 31, 2025, ADC inventory turnover for Comtech was approximately 21 days.
Ingdan Technology Accelerates Strategic Positioning: AI Servers and Talent Development Advancing in Tandem
AI Computing Center Business: Precisely Capturing Domestic Computing Power Demand
In view of accelerating global AI technological advancement and sustained growth in domestic computing power demand, universities, medical schools, and research institutions have an increasingly urgent need for self-controllable, high-performance AI computing power. The Group’s intelligent computing power technology and services platform Ingdan Technology (“Ingdan Technology”), is capitalizing on the import-substitution opportunity by strategically deploying its AI server business and making large-scale investments in AIDC (AI Data Center) computing power center operations and proprietary product development.
Through deep collaboration with Huawei and leveraging the Ascend 910 chip, Ingdan Technology has launched the DeepSeek all-in-one workstation to precisely address the core computing power needs of scientific researchers. The DeepSeek all-in-one workstation features stable computing performance, robust data security, and full technological autonomy — achieving a distinctive competitive advantage through the combination of leading manufacturer endorsement and customized services.
Ingdan Academy: Talent Development Surges More Than Fourfold, Supporting National Semiconductor Strategy
Leveraging the Group’s extensive resources and technological expertise in the chip industry, Ingdan Academy introduces world-leading chip application technologies and is dedicated to developing talent in chip application and AI. To date, Ingdan Academy has cumulatively trained over 9,000 chip application engineers — surpassing the previous milestone of 2,000 by more than fourfold — serving over 1,200 enterprises and supplying a large number of high-quality professionals to the chip and AI industries. Through continuous talent training and technical support, Ingdan Academy is working to help Shenzhen become a global center for chip application and AI, contributing to the development of the nation’s semiconductor industry.
Chief Executive Officer’s Outlook
Mr. Jeffrey Kang, Chairmanand CEO of Ingdan, Inc., commented: “2025 has been a year of profound milestone significance in the Company’s development journey. Building on the substantial investments made in large-scale AI computing power and proprietary products throughout 2025, we are confident that our revenue growth trajectory will accelerate in 2026.The astonishing growth in AI computing power demand has fully validated the Group’s forward-looking strategic positioning across the AI chip application value chain.Looking ahead, we anticipate significant performance improvement driven by robust and sustained growth in demand for AI chips, GPUs, and storage networking chips. Supported by a robust bank financing framework, we expect sales to major customers to grow substantially — injecting powerful momentum into the Group’s exceptional performance growth in 2026 and laying a solid foundation.
We are full of confidence in the Group’s future development, and we extend our sincere gratitude to every shareholder, customer, and business partner for their continued trust and support.”
Cautionary Statement
The information contained herein has not been independently verified. No representation, warranty or undertaking, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or the opinions contained herein by the Company or any of its affiliates, advisers or representatives. The information contained herein should be considered in the context of the circumstances prevailing at the time and is subject to change without notice. The Company does not undertake to update the information contained herein to reflect events or circumstances occurring after the date hereof.
This document is not intended to provide, and you should not rely upon it for, a complete or comprehensive analysis of the Company’s financial or operating condition or prospects. Neither the Company nor any of its affiliates, advisers or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this document or its contents or otherwise arising in connection therewith.
This document may contain forward-looking statements that reflect the Company’s current intentions, beliefs and expectations regarding future events as of the dates indicated herein. Such forward-looking statements are not guarantees of future performance and are based on numerous assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future, and are subject to significant risks and uncertainties. In light of these risks, uncertainties and assumptions, actual results may differ materially from those expressed or implied by such forward-looking statements. The Company and its affiliates, advisers and representatives undertake no obligation and make no commitment to update any forward-looking statements to reflect events or circumstances occurring after the relevant date.
Hashtag: #Comtech #Ingdan #AI #IC #Chips #humanoid #Intel #AMD #Sandisk #NVIDIA #Tech #RevenueGrowth #TechGrowth #AIInvestment #ProprietaryProducts #KeplerLab #Comtech #IngdanTechnology #IngdanAcademy #AIAcceleration #TechTransformation
The issuer is solely responsible for the content of this announcement.
Ingdan, Inc. (Stock Code: 400.HK) is an ecosystem services platform anchored in AI chips, with a strategic focus on AI computing power centers and AI smart terminals. The Company is dedicated to building an AI industry connector with broad industrial linkages. Its core positioning is to bridge upstream AI chip technology with the needs of downstream innovation enterprises. Leveraging chip distribution as its gateway, the Company provides customers with an integrated, full-chain service covering technology solutions, supply chain services, technical training, and after-sales operation and maintenance — connecting the ecosystem service chain from chip supply to end-application deployment, and empowering the industrialization of AI technology.
Headquartered in Shenzhen, the Group operates offices and branches across major cities in China, including Hong Kong, Shanghai, Beijing, Wuhan, Chengdu, Nanjing, Hangzhou, and Xi’an, as well as representative offices in Singapore and Japan. The Group’s core businesses are Comtech — a technology services platform for the chip industry; and Ingdan Technology — a platform providing intelligent computing power technology and services.
