Amazon Web Services has patched three high-severity vulnerabilities in its open-source Research and Engineering Studio platform, closing weaknesses that could have allowed authenticated users to run commands on key systems or gain broader permissions inside cloud environments used for scientific and engineering work. The flaws affected AWS Research and Engineering Studio, known as RES, a web-based portal that helps administrators build and manage controlled research and engineering […]
HUA HIN, THAILAND – Media OutReach Newswire – 10 April 2026 – Hua Hin is undergoing a historic transformation. Long recognized as Thailand’s elite seaside retreat, this coastal gem is now ranked among the world’s top real estate growth markets, offering world-class Branded Residences that deliver yields of 7–9%, outperforming non-branded counterparts by 50–80%, according to CBRE Thailand. Ideally positioned around three hours from Bangkok, the capital city, Hua Hin is being elevated into a “Heaven City” and a premier global destination for high-end living and strategic real estate investment. Driven by massive infrastructure development and a shift toward world-class well-being, it has become the top choice for High-Net-Worth Individuals seeking pristine nature, tranquility, and modern luxury within reach of major international metropolises.
The “Heaven City” vision is underpinned by a clear state roadmap, including an operational double-track railway by 2026, the M8 Motorway, and Hua Hin Airport’s international expansion by 2027. Strategically bridging Bangkok and the Southern Economic Corridor, Hua Hin is emerging as a Global Wellness Tourism Hub and a Safe Haven for HNWIs and discerning investors.
Beyond infrastructure, Hua Hin delivers a lifestyle ecosystem, from a world-class Medical Hub with multilingual healthcare and Elite International Education, to a Golfer’s Paradise with championship courses, a world-class vineyard estate, vibrant art scenes, and creative night markets. Anchored by luxury malls and international water parks, it is a sanctuary for every generation, making Branded Residences in Hua Hin increasingly coveted assets among both local and international buyers.
The pinnacle of this evolution is Dusit Ajara Hua Hin. Developed by Dusit Estate, under Dusit International, a globally recognized hospitality brand, this ultra-luxury branded residence builds on Dusit’s vision of redefining luxury living through integrated, hospitality-led experiences, as reflected in its mixed-use flagship development in Bangkok, Dusit Central Park. It sits on a prime nearly 8-acre site, featuring 96 exclusive residences with privileged beach access, nestled within the grounds of Dusit Thani Hua Hin. Designed for multi-generational living, it stands as the first low-rise residential project in Asia developed under the Fitwel: Low Rise Residential standard, a leading evidence-based global certification focused on enhancing health and well-being through optimized indoor environments. With its low-density approach, the project champions sustainable well-being. Its signature “Bridging Oasis” concept delivers over 60% green space, seamlessly connecting seven buildings through lush landscaping. Residents enjoy a full suite of amenities, including a five-zone aquatic experience, clubhouse, wellness studio, kids’ world, and entertainment spaces.
Dusit Ajara Hua Hin‘s true distinction lies in its Gracious Hospitality. Backed by Dusit’s 77-year legacy, professional property management ensures long-term value, translating into high asset liquidity and a reliable Lifestyle Dividend, supported by a dedicated rental management team.
Dusit Ajara Hua Hin is more than a residence. It is a “Limited Edition Collection” – a low-risk, high-growth asset offering timeless luxury living and sustainable long-term value for a limited collection of families.
Arabian Post Staff -Dubai Jazan Municipality has put 28 development projects worth SR546 million into the Farasan Islands pipeline, combining completed works with schemes still under construction as authorities step up efforts to improve infrastructure, add hospitality capacity and expand housing across one of the Red Sea’s most distinctive island groups. The municipality said 19 projects valued at SR398 million have been completed, while nine more worth […]
UAE authorities are advancing a Dh6 billion federal highway project designed to ease chronic congestion on the Dubai-Sharjah-Ajman corridor, pressing ahead with what officials describe as a strategic expansion of the national road network as population growth and commuting demand intensify. The scheme, reviewed this week by the UAE Infrastructure and Housing Council, centres on the Fourth Federal Corridor, a planned road of about 68 kilometres with […]
Dubai International Financial Centre has rolled out a temporary package of economic support measures for businesses and retailers, offering flexible payment plans, licence-fee instalments and grace periods on selected administrative charges as the emirate’s financial hub seeks to cushion companies from a turbulent regional operating environment. The steps took effect immediately and were presented by the centre as a way to reduce short-term financial and operational pressure […]
Moscow has opened a 33-kilometre tram corridor branded T2, a cross-city route that Mayor Sergei Sobyanin says is now the world’s longest urban tram diameter, linking Chertanovskaya metro station in the south with Novogireevo on Moscow Central Diameter line D4 in the east. The launch marks the second stage of the capital’s tram-diameter programme and extends a surface-rail strategy designed to ease pressure on the underground network […]
Bank of Korea left its benchmark interest rate unchanged at 2.50 per cent on Friday, extending its policy pause to a seventh straight meeting as policymakers confronted a harder mix of rising price pressures, a weak won and a growth outlook darkened by higher energy costs and disruption linked to conflict in the Middle East.
The seven-member Monetary Policy Board said uncertainty had intensified and judged it appropriate to hold the base rate while assessing how the conflict, financial-market volatility and foreign-exchange swings feed through to the domestic economy. The central bank’s statement made clear that the policy dilemma has sharpened: inflation risks are moving up even as growth is expected to slow more than earlier forecast.
Governor Rhee Chang-yong, speaking after what Reuters reported was his final press conference before his term ends on April 20, said supply-side shocks from the Middle East were especially damaging for Asian economies reliant on imported energy. That matters acutely for South Korea, where policymakers are trying to prevent a renewed inflation cycle without choking activity at a time when sentiment has softened and some industries are already facing production constraints.
The rate hold had been widely anticipated. Reuters said all 31 economists in its poll expected no move at this meeting, reflecting a market consensus that the central bank had little room to ease and few grounds to tighten immediately. Instead, the decision underscored how monetary authorities in export-driven Asian economies are being forced to navigate a narrow path between external shocks and domestic fragilities.
At the centre of the debate is inflation. Official data showed consumer prices in March rose 2.2 per cent from a year earlier, up from 2.0 per cent in February, while core inflation, which excludes food and energy, also stood at 2.2 per cent. The Bank of Korea said petroleum prices had risen sharply and noted that short-term inflation expectations among the public edged up to 2.7 per cent. It now expects consumer inflation this year to exceed its February projection of 2.2 per cent by a meaningful margin, with core inflation also likely to come in above the earlier 2.1 per cent forecast.
That shift is important because the central bank had been able for months to argue that price growth was gradually stabilising near target. The worsening external backdrop has disrupted that narrative. The board said inflation is likely to move into the mid- to upper-2 per cent range as global oil prices and supply constraints lift import costs, though government price-stabilisation measures may soften part of the blow. Reuters reported that Seoul’s fuel-price caps, introduced last month for the first time in decades, helped restrain March inflation but are unlikely to provide a lasting shield if energy costs stay elevated.
Growth, meanwhile, is losing momentum. The central bank said the economy had been supported by strong exports, firmer consumption and continued job gains, but warned that downside pressure had increased since the outbreak of the Middle East conflict. It expects expansion this year to come in below the 2.0 per cent forecast issued in February, as higher energy prices and supply bottlenecks offset support from semiconductor exports and a supplementary budget. That combination leaves the Bank of Korea confronting an uncomfortable form of policy tension: weaker activity alongside stronger inflation.
The won has added to the pressure. The central bank said the currency weakened into the 1,500-won range against the US dollar as investors moved into safer assets and foreign investors sold domestic equities, before recovering some ground after a temporary ceasefire between the United States and Iran. A softer currency raises the local-currency cost of imported fuel and raw materials, complicating the inflation picture and limiting the case for any near-term rate cuts.
Financial markets reflected that cautious tone. Reuters reported that South Korea’s policy-sensitive three-year treasury bond futures erased early gains during the governor’s press conference, suggesting investors interpreted the message as more alert to inflation risks than to immediate growth support. Analysts cited by Reuters said the rebound in energy prices and the won’s weakness have narrowed the central bank’s room for manoeuvre, even if domestic demand still needs close watching.
Circle Internet Group shares slid nearly 10 per cent on Thursday, closing at $85.10, after a fresh Wall Street “sell” call added to investor unease over the stablecoin issuer’s margins and over criticism of its handling of funds tied to the Drift Protocol exploit. Market data showed the stock ended the session down 9.89 per cent, extending a volatile stretch for one of crypto’s most closely watched […]
Tesla is developing a smaller, lower-cost electric sport utility vehicle in a move that could reopen its path into the mass market after years of focusing investor attention on autonomy, robotics and premium technology bets. People familiar with the plan told Reuters the company has approached suppliers in the past few weeks to discuss a compact SUV that would sit below its current line-up on size and […]
A cross-border espionage campaign that targeted journalists, civil society figures and some government-linked entities across the Middle East and North Africa between 2023 and 2024 has been tied by researchers to BITTER, a long-tracked South Asian threat actor, marking what investigators describe as the first documented case linking the group to attacks on civil society in the region. The attribution remains qualified rather than definitive: Lookout said […]
Al Habtoor Group said on 9 April it will invest more than AED 5 billion in a new commercial tower at Al Habtoor City on Sheikh Zayed Road, a move that adds fresh weight to Dubai’s office-led development pipeline at a time when demand for premium business space remains firm and developers are racing to capture it. The company described the scheme as a landmark addition to […]
CoreWeave has expanded its artificial intelligence infrastructure relationship with Meta to $21 billion, extending a partnership that underlines how the biggest technology groups are leaning on specialist cloud providers to secure the computing power needed for the next phase of AI development. The enlarged agreement, announced on April 9, runs through December 2032 and builds on a prior deal valued at about $14 billion struck in September. […]
Polygon’s token remained under pressure on Thursday even as the network’s stablecoin business gathered pace, highlighting a widening gap between on-chain usage growth and investor sentiment around POL, the token that replaced MATIC on Polygon’s mainnet in September 2024. POL was down about 4.7% over seven days on CoinGecko as of April 9, while Polygon continued to market itself as infrastructure for global payments and stablecoin settlement. […]
Greenlogue/AP Abu Dhabi’s 2PointZero Group has moved deeper into the renewable energy market in India through a new joint venture between its subsidiary ePointZero RSC and Adani Green Energy, extending a relationship between the two business groups and underscoring continued Gulf interest in large-scale clean power assets on the subcontinent. The venture will be executed through Minerva Holding, ePointZero’s renewable development platform in India, according to statements […]
Arabian Post Staff -Dubai Saudi medical devices distributor ProMedEx has renewed an 84 million riyal Islamic financing package with Riyad Bank for one year, extending a facility the company says will be used to fund existing projects and back expansion plans as healthcare suppliers across the kingdom continue to seek working capital for inventory, imports and contract execution. The facility is equivalent to about $22.4 million. The […]
HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 9 April 2026 – Within the context of a new global growth cycle, Vietnam is cementing its position as a strategic hub for global institutional capital. At the ‘Inbound Capital Flows’ forum, analysts underscored that Vinhomes is making a significant contribution to shaping the next generation of urban development and also addressing critical mass challenges in the Asian property sector. Through ‘urban marvels’ like Vinhomes Green Paradise, Vietnam is effectively repositioning itself as a leader in large-scale, infrastructure-led real estate on the world map.
Experts at the ‘Inbound Capital Flows’ forum discuss Vietnam’s growing resilience and its strategic role as a hub for global institutional capital, underpinned by political stability, legal reforms, and massive infrastructure investment.
Vietnam’s Macroeconomic Resilience Amid Global Volatility
Amid global volatility, geopolitical fragmentation, and monetary tightening cycles, Vietnam has distinguished itself as a rare convergence of macroeconomic stability and long-term growth potential. International analysts now recognize the country as a strategic hub for institutional capital.
Political consistency is the bedrock of Vietnam’s appeal. The country’s high-growth trajectory is underpinned by strong governance coherence, with a unified government that minimizes execution risk. Over the past five years, a series of legal reforms have strengthened land valuation transparency, financial discipline, and environmental compliance. These regulatory improvements systematically align Vietnam’s real estate market with international institutional standards.
Infrastructure investment serves as another structural catalyst. With public investment reaching approximately 7% of GDP, Vietnam is undertaking one of the region’s most aggressive infrastructure expansion programs. Flagship projects such as Long Thanh International Airport, Cai Mep deep-sea port, and metropolitan ring roads are not merely improving connectivity, they are fundamentally reshaping spatial economics and unlocking new real estate frontiers.
Urbanization further amplifies this trajectory. Unlike many regional peers that have reached saturation, Vietnam remains in an early-to-mid stage of urban transformation, creating a sustained demand pipeline for residential, commercial, and mixed-use developments. From a capital markets perspective, Vietnam demonstrates stronger growth across key indicators compared to neighboring countries, with robust FDI inflows and a favorable demographic profile positioning it as a top-tier emerging market in Asia’s real estate investment landscape.
Vinhomes Green Paradise (Can Gio): A New Urban Wonder of Asia
As global investor preferences shift from fragmented, single-asset developments toward integrated urban ecosystems, Vinhomes has emerged as a master developer capable of delivering internationally competitive megaprojects. At the center of this evolution is Vinhomes Green Paradise in Can Gio, a coastal development that international experts describe as unmatched in Asia.
Infrastructure plays a catalytic role in unlocking such projects. The transformation driven by Long Thanh Airport and Cai Mep Port significantly improves accessibility to Can Gio, redefining peripheral land into high-value development corridors. Vietnam’s coastal real estate, long overlooked, now offers a unique opportunity to develop globally competitive destinations, provided they are master-planned and executed at scale.
The defining factor is achieving critical mass. A large-scale integrated development that combines education, healthcare, entertainment, and residential zones within a single master plan is what truly differentiates a project. This philosophy is embedded from inception in Vinhomes’ development model. From an international vantage point, investors are increasingly looking for “urban wonders”, destinations that act as economic engines and catalysts for regional development. Vinhomes Green Paradise is regarded as truly a wonder, featuring world-class infrastructure and amenities.
Stephen Higgins, representing Cushman & Wakefield, emphasized the project’s unique positioning: “There is currently nowhere else in Asia delivering a project like Vinhomes Green Paradise in Can Gio, located adjacent to an existing major city.”
When benchmarked against global icons such as Marina Bay Sands and Palm Jumeirah, the project signals Vietnam’s emergence as a new frontier for landmark urban developments. In this paradigm, Vinhomes transcends the role of a conventional developer, positioning itself as a place-maker that engineers destination ecosystems, an increasingly critical concept in global real estate investment strategy.
Competitive Advantages of Scale, Pricing, and a Strategic Entry Point
A defining characteristic of Vietnam’s real estate market is the rare combination of high growth potential and relatively attractive pricing at scale. With a population of 100 million and a median age of 32, ideal within the region, Vietnam benefits from a demographic dividend that underpins long-term housing demand, absorption rates, and market liquidity.
Vietnam’s strategic geographic positioning near major economic hubs such as China, Singapore, and Hong Kong enhances its role within regional supply chains and capital flows. Importantly, the country can deliver world-class developments at a much more competitive price point. This pricing arbitrage creates significant upside potential as the market continues to mature and converge toward regional benchmarks.
Scale is another decisive factor. Mega-scale developments exceeding 1,000 hectares provide a rare opportunity to design entirely new urban environments. Globally, such large contiguous land parcels are increasingly scarce, making Vietnam one of the few markets capable of delivering next-generation master-planned cities. Within this landscape, Vingroup stands out as a dominant force, with Vinhomes at the forefront of executing these large-scale visions. By integrating residential, commercial, and smart-city infrastructure within a unified master plan, Vinhomes is not merely supplying real estate, it is institutionalizing a new asset class for global investors.
Highlighting the requirements for market competitiveness, Troy Griffiths from Savills stated: “Vietnam must compete through pricing, quality, and the value delivered within a master-planned estate.“ When these three pillars converge, real estate evolves from a transactional asset into a long-term value platform.
With global capital increasingly reallocating toward markets with structural growth and scalable opportunities, Vietnam is transitioning from an emerging destination to a strategic investment hub.
As a central figure in this transition, Vinhomes is playing a significant role in evolving Vietnam’s urban landscape and elevating the nation’s standing within the global real estate sector.
Dubai’s public parking operator Parkin has launched “Spots for Shops”, a scheme designed to let motorists recover parking fees when they spend at participating neighbourhood businesses, in a move that links curbside parking more directly to street-level retail trade. Under the pilot, customers park in a paid Parkin bay, pay the normal tariff, make a qualifying purchase set by the merchant, and then have the fee validated […]
DataBank and Goodman Group have formed a 50-50 joint venture to build a 32MW data centre in Vernon, California, betting that one of the most capacity-starved digital infrastructure markets in the United States will stay tight as demand from artificial intelligence, cloud and enterprise customers keeps rising. The project is due to begin operations in December 2026 with an initial 6MW, with the remaining capacity scheduled to […]
Google’s handling of API keys has come under fresh scrutiny after security researchers said Android applications are exposing credentials that can now unlock parts of the Gemini AI platform, potentially allowing unauthorised access to files, cached data and billable AI services. The latest warning, published by CloudSEK on April 7, says 32 hardcoded Google API keys were found across 22 popular Android apps and that the issue […]
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 9 April 2026 – Kenanga Investors Berhad (“Kenanga Investors“) has swept four accolades at the LSEG Lipper Fund Awards 2026 (“the Awards“).
Xav Feng, Asia Pacific Research director, LSEG Lipper, Christopher Kok, Head of Equities, Kenanga Investors Berhad, Lee Sook Yee, Chief Investment Officer, Mohd Faiz Hamsidi, Fixed Income Fund Manager, and Kuek Ser Kwang Zhe, Wealth editor, The Edge Malaysia.
The firm was recognised across various categories, a testament to its continued outperformance:
Kenanga Growth Fund (“KGF“) – Best Equity Malaysia – Malaysia Provident Funds over 5 Years
Kenanga Growth Fund Series 2 MYR Class (“KGFS2“) – Best Equity Malaysia Diversified – Malaysia Provident Funds over 3 Years
Kenanga Malaysian Inc Fund (“KMIF“) – Best Equity Malaysia Diversified – Malaysia Provident Funds over 10 Years
Kenanga Managed Growth Fund (“KMGF“) – Best Mixed Asset MYR Balanced Malaysia – Malaysia Provident Funds over 10 Years
Datuk Wira Ismitz Matthew De Alwis, Chief Executive Officer and Executive Director said, “We are honoured to be recognised by LSEG Lipper for our consistent performance in 2025 against a backdrop of volatility, underpinned by heightened trade wars. During the year, geopolitical risks and trade tensions caused sudden swings in sentiment, which affected small- and mid-cap stocks. We steered clear of headlines and focused on sustainable earnings. This allowed us to selectively position ourselves for when valuations turned compelling while reducing exposure when risks escalated which proved effective and underscores our expertise in Malaysian equities”.
Since the launch of KGF in 2000 and KGFS2 in 2018, both funds have demonstrated consistent performance. As of December 2025, each has surpassed RM1 billion in assets under management1, underscoring Kenanga Investors’ disciplined investment approach and commitment to long term value creation. This year’s Awards also mark KGF’s sixth Lipper title while KGFS2 celebrates its inaugural win.
Lee Sook Yee, Chief Investment Officer, elaborated on the firm’s approach, “We maintained a disciplined bottom‑up stock‑picking strategy anchored in company fundamentals, giving us the conviction to stay invested in high quality businesses with strong balance sheets and structural growth drivers. This was supported by a strict risk management framework focused on sector diversification, prudent buffers, and incremental rebalancing. In 2026, we will emphasise themes such as artificial intelligence and data centre expansion, infrastructure, utilities, and selective REITs, while remaining true to our investment philosophy”.
Over the five‑year period ended 31 December 2025, KGF delivered a total return of 48.82%, significantly outperforming its benchmark2 of 3.25%. Similarly, KGFS2 achieved a robust 49.92% return compared to its benchmark’s3 46.93%. KMIF also recorded solid results with a 32.67% return against a benchmark4 of 5.26%, while KMGF posted a commendable 25.88% return, exceeding its benchmark’s5 11.32%.
The firm also recently introduced the Kenanga Growth Fund Series 3 (“KGFS3“), the third fund within its flagship conventional fund series. The KGFS3 utilises the firm’s proven investment philosophy and is 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.
The LSEG Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. This year’s achievements will serve to strengthen Kenanga Investors’ market leadership and drive its focus on creating enduring value for its investors.
For more information about Kenanga Investors, please visit kenangainvestors.com.my.
1 Source: Lipper, 31 December 2025
2 Benchmark: FTSE Bursa Malaysia KLCI CR
3 Benchmark: 8% p.a.
4 Benchmark: FTSE Bursa Malaysia Top 100 CR
5 Benchmark: FTSE Bursa Malaysia Top 100 Index (50%) & All MGS Index by RAM Quant Shop (50%)
Hashtag: #Kenanga
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 LSEG Lipper Fund Awards 2026 recognised four funds under the Malaysia Provident Funds category; Kenanga Growth Fund was named Equity Malaysia (5 Years), Kenanga Growth Fund Series 2 was awarded Equity Malaysia Diversified (3 Years), Kenanga Malaysian Inc Fund was awarded Equity Malaysia Diversified (10 Years) while Kenanga Managed Growth Fund was recognised with the title Mixed Asset MYR Balanced – Malaysia (10 Years).
The Hong Kong-based Asia Asset Management’s (“AAM“) 2026 Best of the Best Awards awarded Kenanga Investors 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 and Malaysia Best ESG Engagement Initiative.
At the AAM ETF Awards 2026, Kenanga Investors received an accolade under the category Malaysia Leverage and Inverse ETF of the Year for the Kenanga KLCI Daily 1x Inverse ETF. The IFN Investor Awards 2025 awarded the Kenanga Islamic Balanced Fund under the categories of “IFN Investor Best Balanced Mixed Assets Fund in Malaysia — MYR 2025”, “IFN Investor Best Balanced Mixed Assets Fund in Asia Pacific 2025”, and “IFN Investor Best Global Balanced Mixed Assets Fund 2025”.
The FPAM Financial Planning Leadership Award 2025 presented Kenanga Investors with the Platinum Award under the Charter Member Category, highlighting our dedication to shaping the future of financial planning. 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. For the ninth consecutive year, we were affirmed an investment manager rating of IMR-2 by Malaysian Rating Corporation Berhad, since first rated in 2017. The IMR rating on reflects the fund management company’s well-established investment processes and sound risk management practices.
This Press Release was issued by Kenanga Group’s Marketing, Communications & Sustainability department.
Targets Over 30% Profit from Non-Residential Businesses by 2030 Strong Backlog Supports 2026 Revenue Target of THB 25.5 Billion
BANGKOK, THAILAND – Media OutReach Newswire – 8 April 2026 – SC has announced its first major rebrand in 20 years, repositioning the brand as “Beyond Residential”. The company is moving forward with the strategy “Reform to Perform” to rebalance its business portfolio through three business engines, diversifying revenue sources, increasing recurring income, and building new S-curves for future growth. SC has set a total revenue target of THB 25.5 billion for 2026 and aims to achieve a new profit high by 2030.
Mr. Nuttaphong Kunakornwong, Chief Executive Officer of SC Asset Corporation Public Company Limited or SC, said that the fragile global economic environment has prompted the company to proactively adapt over the past two to three years. These efforts include organizational restructuring, financial discipline, expanding joint investment partnerships, and initiating new businesses in line with its risk diversification strategy. The company has gradually reshaped its business structure into a portfolio built around three business engines. These include Engine 1 Residential Property, Engine 2 Recurring Income Property, and Engine 3 New Businesses for a Better Future.
SC is also targeting to increase the profit contribution from Engine 2 and Engine 3 to more than 30 percent in order to drive the company’s overall profit to reach a new high again by 2030, while ensuring that all businesses continue to create value for people and the planet.
In 2026, the company will implement a comprehensive rebrand, including a new logo and refreshed corporate identity, marking its first such transformation in 20 years. The move reinforces SC’s position as “Beyond Residential,” supported by a more flexible and diversified portfolio, enabling the company to engage more effectively with customers, employees, partners, investors, and stakeholders.
2026 Business Targets and Plans
SC targets total revenue of THB 25.5 billion in 2026, representing 21% growth year-on-year, with a capital expenditure budget of THB 8 billion to drive all three business engines. The Interest-Bearing Debt to Equity ratio (IBD/E) is expected to decline to below 1.2 times.
Engine 1: Residential Property, targeting sales of THB 27 billion, up approximately 33% from 2025, and transfers of THB 23 billion, with backlog of more than THB 18.5 billion as of end-2025, of which around 40% is expected to be recognized in 2026.
– Low-rise housing: Revitalizing of eight single-detached home series across 17 projects under a concept focused on deeply understanding life needs. – Condominium: Launch of a new ultra-luxury branded residence and a new riverside project, with a combined value of THB 25.5 billion across two projects.
– Introduction of “GenSCription” (Living Subscription Program by SC), responding to the growing shift toward renting instead of homeownership among younger generations, increasing accessibility and flexibility in housing.
Engine 2: Recurring Income Property, covering operations across hotels, warehouses, office buildings, and rental apartments in the U.S. The business targets revenue growth of around 70 percent to THB 2 billion.
– Expansion of hospitality portfolio by 450 rooms in key seaside destinations such as Pattaya and Phuket. – Development of an additional 170,000 square meters of warehouse space in the Bangna–EEC zone. – Investment in alternative energy businesses to support data center growth under SCX 360.
Engine 3: New Businesses for a Better Future, covering after-sales services, digital platforms, and health related businesses. The company targets revenue of THB 400 million this year, representing growth of around 60 percent from 2025.
– After-sales services will expand from 150 projects to 260 projects, alongside the launch of LINTON, a concierge service designed for ultra luxury residents. – SC has allocated an investment budget of THB 1 billion over the next three years to support the growth of this business segment.
SC also introduced “SC Green Mark,” a green building development standard encompassing environmental performance and residents’ quality of life. The standard will be applied across all engines and projects to ensure sustainable growth aligned with long-term environmental responsibility.
Sustainable business operations
– The company continues to operate in accordance with international sustainability assessment standards of FTSE Russell. – SC is advancing its greenhouse gas reduction efforts in line with its five-year target of reducing 100,000 tons of carbon emissions from 2025 to 2030. – The company is also introducing SC Green Mark, a green building development standard covering environmental performance and residents’ quality of life, which will be applied across all engines and projects.
“Brands are like living things. They survive through evolution, and brands that fail to adapt will eventually become extinct. SC therefore continues to evolve. Rebranding and organizational reform are part of that evolution. A more flexible and diversified business portfolio will enable SC not only to survive but to grow sustainably in the highly volatile and challenging real estate industry, while creating greater value for people more broadly,” Nuttaphong said. Hashtag: #SC #SCisQuality #SCBusinessDirection2026 #ReformtoPerform
The issuer is solely responsible for the content of this announcement.
Fresh Laundry Ranked #37 Among the Fastest Growing Companies in Singapore by The Straits Times 2026
Compiled by The Straits Times and global research firm Statista, the annual Singapore business growth ranking evaluates companies based on revenue growth performance across a defined assessment period. Fresh Laundry’s placement among the high-growth companies in Singapore underscores its strong performance and growing influence in the laundromat sector.
Recognition in The Straits Times Singapore’s Fastest Growing Companies 2026
The Straits Times ranking identifies businesses that have achieved significant growth while demonstrating resilience and adaptability in Singapore’s competitive business environment. Companies included in the list represent diverse industries ranging from technology and logistics to consumer services.
Fresh Laundry’s position within this business growth ranking reflects its consistent expansion and operational development within the laundromat sector in Singapore. The company’s growth trajectory highlights increasing demand for modern, convenient laundry services as lifestyles evolve and urban living spaces prioritise efficiency and accessibility.
Being recognised as one of the fastest-growing companies in Singapore also signals the increasing relevance of service-driven businesses that address everyday needs through scalable models and operational innovation.
Growth of the Laundromat Industry in Singapore
The rise of the coin-operated laundry sector in Singapore has been shaped by changing urban lifestyles and the growing demand for convenient household services. Many households today value time-saving solutions that allow them to complete daily tasks efficiently.
Self-service laundry outlets provide a practical option for individuals and families seeking accessible washing and drying facilities without the need for large household appliances. This has contributed to steady growth in the sector, positioning laundromats as an essential service in densely populated cities.
Fresh Laundry’s inclusion among high-growth companies reflects how the industry continues to evolve to meet modern consumer expectations. By combining reliable machines, accessible locations, and streamlined operations, laundromats have become a key part of the neighbourhood service ecosystem.
Fresh Laundry’s Growth Journey
Fresh Laundry’s expansion over the years reflects a strategic focus on building a scalable and sustainable business model. From establishing reliable laundromat outlets to strengthening operational efficiency, the company has steadily developed its footprint across Singapore.
The brand’s progress within the urban self-service laundry segment in Singapore has been supported by careful planning, operational consistency, and an understanding of changing consumer needs. As demand for convenient laundry solutions continues to grow, Fresh Laundry has focused on maintaining quality while expanding its presence.
Being recognised as one of the fastest growing company in Singapore highlights the scalability of service-based businesses like Fresh Laundry, especially when driven by strong operational discipline, a focus on customer convenience, and carefully planned strategic expansion.
A Growing Interest in the Coin Laundry Industry
The growing popularity of laundromats has also sparked increasing interest in entrepreneurship within the sector. Many aspiring business owners are exploring opportunities in the coin laundry industry, recognising its potential as a service-oriented venture that caters to everyday needs.
As more individuals research starting a laundromat, industry visibility continues to grow. The sector’s accessibility and practical service offering have made it an attractive option for entrepreneurs looking to enter a stable consumer services market.
Fresh Laundry’s presence among fast-expanding companies demonstrates how the laundromat sector has matured into a recognised segment of the local service economy.
Looking Ahead
Fresh Laundry’s inclusion in The Straits Times Singapore’s Fastest Growing Companies 2026 marks an important milestone in the company’s journey. As a recognised fastest-growing company in Singapore, the brand continues to strengthen its position within the laundromat sector in Singapore while supporting the broader development of the industry.
The recognition highlights not only Fresh Laundry’s growth, but also the continued evolution of neighbourhood services that support modern lifestyles. As the industry progresses, laundromats remain a vital part of urban living by providing accessible, convenient solutions for everyday needs.
For individuals interested in the sector, understanding the fundamentals of the coin laundry business and the considerations involved in getting started can provide valuable insights into how this everyday service has developed into a scalable and growing industry.
The issuer is solely responsible for the content of this announcement.
About Fresh Laundry
Fresh Laundry is a Singapore-based laundromat operator focused on providing modern, convenient self-service laundry solutions for local communities. Operating within the growing laundromat sector, the company has built a network of coin-operated laundry outlets designed to support busy urban lifestyles with accessible washing and drying facilities.
Through a scalable and service-driven model, Fresh Laundry continues to expand its presence across neighbourhoods, supporting the increasing demand for reliable laundry services. The company also shares industry insights for individuals exploring opportunities in the coin laundry business or considering entering the laundromat market, reflecting its broader involvement in Singapore’s evolving self-service laundry ecosystem.
Fresh Laundry’s recent recognition in The Straits Times Singapore’s Fastest Growing Companies 2026 further highlights its progress as a fastest-growing company in Singapore, reinforcing its role within the country’s developing laundry services sector.
Greenlogue/AP VinFast has rolled out a vehicle rental programme for commercial drivers in Indonesia and the Philippines, expanding beyond outright sales as it tries to deepen its position in two fast-developing Southeast Asian electric vehicle markets. The company said the scheme will let service drivers lease Green-series vehicles through authorised dealers in Greater Jakarta and Metro Manila, with daily rates starting at 312,500 rupiah in Indonesia and […]
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. […]
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