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By Arun Srivastava CEC Gyanesh Gupta on September 26, in the eye of the biggest-ever electoral scandal to rock the country, covertly confessed to have committed the criminal misdemeanour of massive voter deletions and electoral manipulation, at the full member meet of the Election Commission of India. As a temporary reprieve, he used the full […]

The article Nationwide Agitation Seeking Sacking Of CEC Gyanesh Kumar Intensifies appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Founded in 2022, Skyro has already established a strong presence in the Philippines, where it uses an AI-powered credit-scoring model designed to serve customers who may be underserved by traditional banks. Since its founding, the company has disbursed more than USD 600 million in loans, expanded its user base to more than 7 million and reached operating break-even in the first half of 2026.

Skyro plans to adapt the business model that has proven successful in the Philippines to the Malaysian market. The company enters Malaysia as the country’s consumer credit sector is undergoing significant regulatory reform, following the introduction of the Consumer Credit Act 2025 and the establishment of the Consumer Credit Commission.

Arsen Liametov, Co-founder and Co-CEO of Skyro, said:

“We use advanced AI-based scoring tools to provide convenient and intuitive credit products to people underserved by traditional banks. Our success in the Philippines gives us confidence in this approach, which we plan to adapt for other markets across Southeast Asia and beyond.”

With a population of around 35 million, Malaysia represents an important market for the expansion of digital financial services. While most of the population has access to bank accounts, consumers with limited credit histories or without verified income may find it difficult to obtain traditional bank loans. In the Philippines, Skyro uses AI and alternative data to assess creditworthiness, and it intends to apply a similar approach in Malaysia that has been adapted to local conditions and regulatory requirements.

Nasim Aliev, Co-founder and Co-CEO of Skyro, said:

“Ambitions shouldn’t have to wait. Across Southeast Asia, we see the same pattern: hardworking people are held back not by a lack of effort but by a temporary cash gap standing between them and a real opportunity. In Malaysia, we plan to develop credit products that give people a solution to this challenge while ensuring full control and transparency over their spending.”

Skyro plans to enter the Malaysian market with cash loans and intends to introduce further credit products in Malaysia over time. Skyro has also announced plans to expand into other markets, including Saudi Arabia, and to build an ecosystem of financial products.

Hashtag: #Skyro

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About Skyro

Skyro is a high-growth, digital-first fintech group delivering scalable, responsible financial access across high-potential emerging markets. Powered by proprietary data science, AI-driven credit decisioning, and alternative-data scoring, the company combines a mobile-native experience with modular fintech architecture to serve underserved client segments at scale.

As of 2026, Skyro has a registered user base of more than 7 million and a credit portfolio exceeding USD 200 million. The company’s ambition is to become a leading full-spectrum financial services group across high-potential markets by combining capability proven at scale with a commitment to building each business around the needs of the market it serves.

https://www.skyro.io/skyro-story

Banyan Group Residences records 900 per cent year-on-year rise in luxury sales value, underlining the widening gap between prime and mass-market residences

PHUKET, THAILAND – Media OutReach Newswire – 28 September 2026 – Phuket’s residential property market is becoming increasingly polarised. Genuinely differentiated luxury residences continue to attract strong demand, while lower-priced, investment-led segments are showing signs of saturation and, in some areas, oversupply. Banyan Group Residences, whose luxury sales value in Phuket rose 900 per cent year-on-year to nearly US$50 million, illustrates the resilience of well-located, high-quality residences even as conditions become tougher elsewhere in the market.

The divide is becoming more pronounced. There is a clear distinction between genuinely differentiated luxury residences and more commoditised products built for short-term speculation. Premium buyers continue to commit capital to prime locations, trusted brands and long-term lifestyle value, while a wave of new, commoditised supply aimed largely at short-term investment has outpaced demand at the lower end, intensifying competition and, in some cases, leaving units unsold.

Among Banyan Group Residences’ results, sales of the exclusive luxurious Banyan Tree Beach Residences projects Oceanus, Varuna, Aegir and Nammu have recorded an increase in sales of 900 percent year-on-year including what is believed to be the most expensive condominium transaction recorded in Phuket to date.

Bangtao and the wider Laguna Phuket area have emerged as the island’s most sought-after residential locations, combining west-coast beaches with an established international community and a growing concentration of restaurants, schools, wellness and lifestyle amenities – characteristics of a mature international market rather than an emerging one.

Continued interest from high-net-worth buyers seeking to diversify wealth into tangible, personally enjoyable assets amid currency depreciation, inflation and market volatility is also supporting demand at the top of the market. Today’s luxury buyer is acquiring a home that supports their family’s lifestyle and serves as a long-term store of value – not a speculative purchase based on short-term rental projections, the kind of buying that has fuelled much of the oversupply at the lower end.

Thailand’s political stability, established tourism economy and relative distance from regional conflicts continue to support demand from buyers across Europe, Asia, the Middle East and beyond, though unevenly across price tiers.

As supply increases across the wider market, buyers are expected to place greater emphasis on developers’ track record, construction quality, professional management and reputable services. The market is not weakening uniformly – it is becoming more polarised, with well-positioned luxury developments continuing to perform strongly while oversupplied, lower-tier projects face a longer period of adjustment, encouraging higher standards, greater transparency and a stronger focus on sustainable development across the industry.

Banyan Group Residences will continue to focus on prime locations, distinctive high-quality design and the creation of residential communities that deliver lasting value for owners.

Hashtag: #BanyanGroupResidences

https://www.banyangroupresidences.com/

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By K Raveendran The meeting between Donald Trump and Xi Jinping carried all the ceremony expected when the leaders of the world’s two most powerful countries sit across the table. On artificial intelligence, however, the encounter produced little that matched either the scale of the technology’s advance or the urgency surrounding its risks. The two […]

The article AI Rivalry Eclipses Safeguards And Regulation At Trump-Xi Summit appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

By Nitya Chakraborty Iswar Chandra Vidyasagar, whom Rabindranath Tagore had hailed as the symbol of ‘ajeya paurasha, akhanda manushyatva’ meaning invincible manliness and indelible humanism, was the tallest among the social reformers and educators in 19th century Bengal. His 71-year-long life from September 26, 1820 to July 27, 1891 was the story of an unparalleled […]

The article Decoding Iswar Chandra Vidyasagar On His 206th Birth Anniversary appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

By R. Suryamurthy The most consequential question arising from Washington’s latest sanctions legislation is not whether the United States can impose a 100 percent tariff on countries buying Russian oil. It is whether India can continue to conduct an independent energy policy when access to its largest export market is increasingly being linked, directly or […]

The article India’s Russian Oil Dilemma Is Bigger Than Just 100 Percent Tariff appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

The 2026 edition marked an important evolution of the MIHAS Awards, with a stronger emphasis on future-ready business practices, emerging technologies, digitalisation, sustainability and inclusive growth. The awards recognised companies not only for what they have achieved, but also for how they are innovating, adapting and creating sustainable value in an increasingly competitive and technology-driven global marketplace.

A total of 13 awards were presented across three core flagship categories, namely the Excellence Awards; Innovation, Sustainability & Digitalisation Awards; and, for the first time, the Women in Export (WiEX) Awards.

Introduced for the first time in 2026, the WiEX Awards recognise exceptional women-led businesses across the Excellence and Innovation, Sustainability & Digitalisation categories, reinforcing MIHAS’s commitment to promoting greater inclusivity and recognising the important contributions of women entrepreneurs and business leaders to the growth and internationalisation of the halal economy.

The 2026 awards placed greater emphasis on innovation, sustainability and digitalisation as drivers of competitiveness. In particular, the assessment recognised businesses that are leveraging digital solutions and emerging technologies, including artificial intelligence (AI), to enhance products and services, improve business processes, strengthen market reach, and create new sources of value.

This broader approach reflects the changing nature of the global halal industry, where competitiveness increasingly extends beyond product quality and commercial performance to encompass technology adoption, responsible business practices, innovation capability and the ability to respond to rapidly changing market demands.

The MIHAS Awards 2026 were open to eligible Malaysian and international exhibitors participating in MIHAS 2026. Entries underwent a comprehensive and structured evaluation process, comprising pre-assessment and pitching sessions before an independent panel of judges. The pitching component provided applicants with an opportunity to demonstrate their business achievements, innovation capabilities, sustainability initiatives and use of digital technologies and emerging solutions.

To further strengthen the integrity, transparency and credibility of the awards, an independent external auditor was appointed to observe and validate the evaluation process.

The winners were announced at the official MIHAS Awards 2026 ceremony under the following award categories:

• Product / Service Excellence Awards;
• Product / Service Emerging Star Awards;
• Product / Service Innovation, Sustainability and Digitalisation Awards;
• WiEX Product / Service Excellence Awards; and
• WiEX Product / Service Innovation, Sustainability and Digitalisation Awards.

Chairman of MATRADE, YB Dato’ Seri Reezal Merican Naina Merican, said the evolution of the MIHAS Awards reflects the changing priorities of the global halal industry and the need for businesses to remain future-ready.

“The MIHAS Awards are no longer only about recognising excellence achieved today. They are also about recognising the capabilities that will shape the halal industry of tomorrow. This year, we have placed greater emphasis on innovation, sustainability, digitalisation and emerging technologies because these are increasingly important to how businesses compete and create value globally.

“The winners recognised today have demonstrated the resilience, creativity and forward-thinking capabilities needed to navigate a rapidly changing global marketplace. Through the MIHAS Awards, we hope to inspire more companies to innovate, embrace technology, compete internationally and contribute meaningfully to the continued growth of the global halal economy,” he said.

Chief Executive Officer of MATRADE, YBhg. Dato’ Indera Abu Bakar Yusof, said the quality and diversity of entries reflected the increasing sophistication and maturity of businesses within the halal ecosystem.

“The entries received this year demonstrate that businesses in the halal ecosystem are continuously evolving, innovating and adapting to meet the demands of a rapidly changing global market. What stood out this year was the increasing recognition of sustainability, digitalisation and emerging technologies as integral components of business competitiveness and long-term growth”.

“The introduction of the WiEX Awards and the strengthened assessment framework further broaden the scope of the MIHAS Awards, while the independent validation of the evaluation process by an external auditor, reinforces our commitment to credibility and transparency. Congratulations to all the winners and finalists for their outstanding achievements and for demonstrating the dynamism and diversity of the global halal industry,” he said.

Looking ahead, the MIHAS Awards will continue to evolve in line with developments across the global halal ecosystem, with greater recognition for businesses that demonstrate measurable impact, technological adoption, responsible and sustainable growth, innovation and international market potential.

The awards will continue to serve not only as a platform to celebrate achievement, but also as a catalyst for businesses to raise their standards, embrace new technologies, pursue sustainable growth and strengthen their global competitiveness.

The MIHAS Awards 2026 therefore marks more than a celebration of this year’s achievements. It represents a continued commitment to shaping a more innovative, sustainable, digitally enabled and inclusive halal economy – and to recognising the businesses that are helping to build it.

Hashtag: #MIHAS

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Malaysia International Halal Showcase (MIHAS) 2026

Since it began in 2004, the Malaysia International Halal Showcase (MIHAS) has grown into a major platform for halal trade and has helped strengthen the global industry’s position in halal standards, governance, and market access.

Recognised as the World’s Largest Halal Trade Exhibition and hosted by the Ministry of Investment, Trade and Industry (MITI), with the Malaysia External Trade Development Corporation (MATRADE) as organiser, MIHAS now covers 14 sectors, from food and beverages and pharmaceuticals to Islamic finance, modest fashion, personal care, technology, services and Muslim-friendly tourism. The 22nd edition of MIHAS, themed “Shaping Trust, Driving Resilience”, focused on regulated-by-design governance and technology-enabled trade.

MATRADE

The Malaysia External Trade Development Corporation (MATRADE) is the national trade promotion agency under the Ministry of Investment, Trade and Industry (MITI), mandated to develop and promote Malaysia’s exports to the world. Through its network of domestic and overseas offices, MATRADE supports Malaysian companies in building export capabilities, accessing new markets, and strengthening Malaysia’s position in international trade.

By Ashok Nilakantan Ayers NEW YORK: The second day of the 81st United Nations General Assembly saw diplomatic spotlight shifting from the opening-day clash of competing worldviews to the harder business of finding common ground — over Gaza, Ukraine, Iran, development, climate, artificial intelligence and the future of multilateral institutions. For India, this was an […]

The article UNGA 81: India Positions Itself As A Bridge Across A Fragmenting World appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

By Dr. Gyan Pathak Deen Dayal Upadhyaya Grameen Kaushalya Yojna (DDU-GKY) will complete 12 years on September 25, 2026. It was launched by PM Narendra Modi led government with great fanfare on September 25, 2014 under the National Rural Livelihood Mission. The chief objective was to equip rural youth with relevant skills and access to […]

The article Skilling And Placement Of Rural Youth Under DDU-GKY Is Dismal appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

During the two-day event, more than 60 Memoranda of Understanding (MoUs) and bilateral co-operation agreements were witnessed. The total value of these MoUs, together with new projects and deals finalised before and during the Summit, is over US$3.1 billion.

Hosted by the Hong Kong Special Administrative Region (HKSAR) Government since 2016, the summit remains the premier business and investment platform for Hong Kong’s participation in and contribution to the BRI.

Noting that the BRI is a shared blueprint for the future, rooted in a rich history of cross-cultural collaboration, HKSAR Chief Executive John Lee said: “Hong Kong, as a place where East meets West, is where capital, talent, businesses and opportunities converge. In addition to strengthening our relations with traditional partners, Hong Kong continues to expand our network of friends along the Belt and Road.”

Under the theme “Advancing High-quality Development · Embarking on a New Journey”, business and government leaders discussed co-operation across trade and commerce, legal services, green technology, logistics, artificial intelligence and new quality productive forces.

The summit explored new co-operation landscapes and emerging opportunities in trade, investment and development across Belt & Road markets and other regions, with a special focus on ASEAN, Central Asia and the Middle East, underscoring Hong Kong’s unique role as a “super connector” and “super value-adder”.

Mr Lee has led high-level business delegations to explore opportunities in 13 Belt and Road countries across ASEAN, the Middle East and Central Asia, delivering a total of over 250 MoUs and other agreements. These covered policy coordination, trade and investment, expanded connectivity and support for companies, underlining Hong Kong’s focus on opening new markets, forming new partnerships and advancing regional co-operation.

This year’s summit featured three newly-added special chapters – the GoGlobal Chapter, Central Asia Chapter and Middle East Chapter. The GoGlobal Chapter offered a one-stop platform for exchange and matchmaking for Chinese Mainland enterprises looking to tap new markets overseas, while the Central Asia and Middle East chapters invited local officials and business leaders to share investment opportunities.

“In light of the shifting geopolitics, rising trade protectionism and the reshaping of global supply chains, businesses going global is no longer simply an option; it is an increasingly important strategy for Chinese Mainland enterprises to diversify risks, strengthen resilience and pursue new growth opportunities,” said the HKSAR Government’s Secretary for Commerce and Economic Development, Mr Algernon Yau.

A freshly integrated University Zone highlighted Hong Kong universities’ R&D strengths and their capabilities in technology commercialisation across the Belt & Road region, consolidating Hong Kong’s position as an international education hub. The Summit also introduced a debut Dialogue for Future session, promoting think-tank exchanges on “The Belt and Road Initiative and Asia-Pacific Co-operation in a Changing Global Landscape”.

Through the Project Investment Session, Belt and Road Deal-Making, and Exhibition Zones, this year’s event showcased over 300 investment projects, and arranged more than 800 one-on-one deal-making meetings, helping enterprises connect with potential partners.

Hashtag: #HongKong #Belt&Road #BRI #Summit #Global #Business #Opportunities

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By Ashok Nilakantan Ayers NEW YORK: External Affairs Minister S Jaishankar arrived at the 81st UN General Assembly with an unusually broad diplomatic canvas before him. In meetings with European, Ukrainian, Arab, Asian and other counterparts, India was simultaneously talking to countries that sit on opposite sides of some of the world’s sharpest geopolitical divides. […]

The article Jaishankar’s Speech At UNGA: Multilateralism, Not ‘Choosing Camps’ appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

A first of its scale for a Southeast Asian-founded company, the collaboration marks a major milestone that will significantly boost Southeast Asia’s profile in the global AI ecosystem. By combining Aolani’s capabilities and NVIDIA’s technology, the strategic collaboration will unlock financing that will further accelerate and democratise access to AI compute in Asia for global AI natives, sovereigns, and local enterprises and SMEs.

This collaboration brings Aolani’s total AI factory capacity to more than 100 megawatts (MW). 22,000 GPUs are expected to be deployed across two AI factories in Malaysia and the Philippines in early 2027. This will bring Aolani’s total deployment to over 48,000 GPUs.

An NVIDIA Cloud Partner since 2023, Aolani will be deploying NVIDIA Blackwell Ultra GPUs, a leading AI system designed to help organisations build and scale advanced AI workloads today.

Aolani will deliver NVIDIA-powered cloud services to AI-native companies, enterprises, startups, developers and institutions across Southeast Asia. A revenue-sharing and credit-support model will align infrastructure deployment with customer demand, helping broaden access to large-scale accelerated computing while giving Aolani a capital-efficient path to scale its AI factories across the region.

Driving Southeast Asia as a leading global powerhouse for AI innovation

Southeast Asia is one of the most robust AI markets in the world, with AI adoption rates among companies demonstrating stronger momentum than global average^[1]. With more than US$50 billion invested by global hyperscalers in AI-ready data centres and cloud infrastructure^[2], the region’s growth is driven by its emerging position as a global arena for cloud and AI innovation.

While Malaysia has established itself as one of Asia’s premier AI factory hubs, the Philippines represents a high-potential emerging market for AI infrastructure. Aolani’s deployment in the Philippines is expected to be among the first large-scale AI infrastructure platforms in the country, broadening access to advanced AI compute and supporting the buildout of essential AI infrastructure in Asia.

Nicholas Chia, Chief Executive Officer at Aolani said: “This collaboration with NVIDIA marks a defining moment in Aolani’s mission to deliver world-class AI compute at the speed that matches the pace of AI development, and on infrastructure that is compliant, accountable, and trusted to perform. Southeast Asia is rapidly emerging as a key global node for the next wave of global AI buildout, and we are well-positioned to lead this. We are excited to work with new partners and customers to build the Southeast Asian AI ecosystem and cement the region’s central role in the global AI landscape.”

Media Contact

H/Advisors on behalf of Aolani
[email protected]

Sources:

[1] McKinsey & Company, “AI in Southeast Asia: An Era of Opportunity,” 2024, https://www.mckinsey.com/featured-insights/future-of-asia/ai-in-southeast-asia-an-era-of-opportunity

[2] Singapore Economic Development Board, “AI in Southeast Asia: An Era of Opportunity,” https://www.edb.gov.sg/en/business-insights/market-and-industry-reports/ai-in-southeast-asia-an-era-of-opportunity.html

https://www.aolani.com
https://sg.linkedin.com/company/aolani-cloud

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About Aolani

Where AI gets built in Asia. Headquartered in Singapore and founded in 2023, Aolani is backed by compliant and purpose-built infrastructure to deliver the performance capabilities for next-generation AI. Aolani’s AI factories enable organisations to build with confidence, scale ambitiously, and move at hyper-speed in the world’s fastest-growing AI market.

For more information, visit www.aolani.com and follow @AolaniCloud on LinkedIn.