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Vertical villa-style condominium positioned to capture surging investor demand

PHUKET, THAILAND – Media OutReach Newswire – 9 April 2026 – Phuket, a world-class tourist destination, is emerging as one of Southeast Asia’s hottest residential and real estate investment hubs. In 2025, over 10 million international tourists visited Phuket, generating nearly 546 billion baht in tourism revenue.

Image Botanica Luxury Villas Rides Phuket's Rise as Global Luxury Property Hub with HYTHE by Botanica

The condominium market has seen significant growth. Colliers Thailand reports that in 2025, 23 new condominium projects launched in Phuket, totaling over 8,372 units worth more than 47.349 billion baht. A key driver keeping Phuket’s rental market buoyant is the attractive yield of 7–11% per year in prime locations.

Botanica Luxury Villas, a leader in Phuket’s luxury property market with over two decades of experience, has grown its portfolio to meet shifting demand, entering the condominium market for the first time with HYTHE by Botanica. Drawing on its pool villa expertise, Botanica has developed the project under the Vertical Villa concept—combining the privacy and generous space of a villa with the convenience of condo living. Prices start at 10.8 million baht*. The project occupies a prime position in the heart of Laguna Phuket, one of the most sought-after areas among investors, just 6 minutes from Layan Beach and 20 minutes from Phuket International Airport.

Mr. Attasit Intarachooti, Chief Executive Officer of Botanica Luxury Phuket Co., Ltd., said: “HYTHE by Botanica is built to meet the growing demand in Phuket as a global destination for long-term living and investment. The Vertical Villa concept delivers a living and investment experience unlike anything currently on the market. We project rental yield of 5–7%* per year in a location with consistent capital appreciation.”

HYTHE by Botanica comprises four six-story residential buildings with 276 units in total, plus a clubhouse, set across over 21 rai of lush greenery. Units start from 57 sq.m., with options ranging from one to three bedrooms, duplexes with pool access, and penthouses. HYTHE by Botanica is part of Botanica Grand Avenue, a mega project offering a full suite of on-site amenities.

For investors, the project comes with comprehensive after-sales support, including Botanica’s service and maintenance programs. Show units are now open for viewing at the sales gallery, Botanica Grand Avenue, Phuket. For more information, visit botanicaluxuryvilla.com, Facebook: BOTANICA Luxury Villa, or call +66 81 324 2999 and +66 94 636 2836.

Hashtag: #BotanicaLuxuryVillas

The issuer is solely responsible for the content of this announcement.

U. S. authorities have dismantled the domestic arm of a cyber-espionage network that officials say was run by APT28, the Russian military intelligence hacking group also known as Fancy Bear and Forest Blizzard, after it hijacked vulnerable internet routers to redirect traffic, steal credentials and sift victims for higher-value targets. The Justice Department said the FBI used a court-authorised technical operation to identify compromised routers on U. […]

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 […]

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 […]

Lumen Technologies has used its latest letter from chief executive Kate Johnson to sharpen a message it has been building for more than a year: the company wants investors, customers and partners to see it less as a legacy telecom carrier and more as a high-capacity digital networking platform built for artificial intelligence workloads. In the letter, Johnson said 2025 was a “pivotal year”, set out plans […]

Google has begun rolling out vertical tabs and an upgraded reading mode to the desktop version of Chrome, adding two widely requested features aimed at users juggling large numbers of open pages and those seeking a cleaner full-screen reading experience. The company said the changes are arriving for Chrome on desktop platforms including Windows, macOS, Linux and ChromeOS, with availability expanding gradually rather than landing for all […]

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 […]

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Commercial Bank of Dubai will redeem $600 million of perpetual additional tier 1 securities on April 21 and seek to cancel their listings on Euronext Dublin and Nasdaq Dubai once the repayment is completed, marking the planned exit of a capital instrument the lender issued in 2020 as Gulf banks were strengthening balance sheets during a volatile funding period. The securities were issued on October 21, 2020 […]

S&P Global Ratings has lowered the Philippines’ outlook to stable from positive, while affirming its long-term sovereign credit rating at BBB+, saying the war in the Middle East has raised the risks facing the country’s external accounts and public finances. The move keeps the nation within investment-grade territory but signals that a near-term upgrade is now less likely as higher energy costs, inflation pressure and a weaker peso complicate the policy outlook.

The ratings agency said elevated oil prices are likely to widen the current-account deficit this year and weaken external buffers, even as it still expects the economy to expand at a healthy pace and the fiscal deficit to narrow over the next two years. S&P projected growth of 5.8% in 2026 after the economy expanded 4.4% in 2025, with softer momentum in the first half and a rebound later in the year.

The decision lands at a delicate moment for Manila. The Bangko Sentral ng Pilipinas warned this week that higher fuel costs were already feeding into broader prices after March inflation accelerated to 4.1%, above the central bank’s 2% to 4% target band and sharply higher than February’s 2.4%. Transport costs were the main driver, with diesel prices up 59.5% from a year earlier and gasoline up 27.3%, while core inflation also edged higher, suggesting second-round effects may be starting to build.

That inflation pulse helps explain why S&P has become more cautious. A country that depends heavily on imported fuel is especially exposed when conflict disrupts Middle East energy flows, and the Philippines has been among the Asian economies hit hardest by the latest oil shock. Reuters reported that Brent crude had risen 55% since the Iran war began on February 28, while the Philippine peso slid to record lows against the dollar, adding another layer of imported inflation pressure.

The external vulnerability is not new, but the conflict has made it harder to ignore. Philippine officials have been scrambling to secure energy supplies, including seeking assurances over safe passage for Philippine-flagged ships and fuel cargoes through the Strait of Hormuz. Manila has also explored alternative sources of crude and emergency measures to protect domestic supply, underlining how quickly a geopolitical crisis can turn into a ratings issue for an energy-importing economy.

For investors, the key point is that S&P did not cut the rating itself. The agency kept the BBB+ grade in place, indicating that it still sees underlying strengths in the economy, including growth potential, remittance support and expectations of gradual fiscal repair. That distinction matters. An outlook change signals rising risk over the medium term, but it is not the same as a downgrade, and it leaves room for the sovereign to stabilise if external pressures ease and macroeconomic management holds firm.

Still, the downgrade in outlook will sharpen attention on the government’s fiscal path. The Philippines has already lowered its medium-term growth targets to reflect the impact of Middle East tensions and shifts in US trade policy. Official forecasts now put 2025 growth at 5.5% to 6.5%, down from 6% to 8%, while targets for 2026 to 2028 have been narrowed to 6% to 7%. That softer growth backdrop makes deficit reduction harder, particularly if the state is forced to spend more on fuel relief, transport support or other measures to cushion households and businesses.

There are signs, however, that the fiscal picture is not uniformly worsening. Treasury data showed the budget deficit in February narrowed marginally from a year earlier, while year-to-date figures improved sharply because of stronger revenues and earlier remittance of dividends. S&P’s own statement suggests it still expects fiscal metrics to improve, even if the war has made that path more vulnerable to setbacks.

Beyond the government balance sheet, the social cost of the energy spike is becoming harder to miss. Reuters reported that some farmers in Benguet province were abandoning harvests because higher fuel, labour and transport costs made it uneconomic to bring produce to market. That kind of strain matters for credit analysis because it shows how an oil shock can move from shipping lanes and currency markets into household spending, food supply chains and political pressure for intervention.

Palo Alto Networks has issued a high-priority security update for a flaw in its Cortex XSOAR and Cortex XSIAM platforms that could allow an unauthenticated attacker to access and alter protected resources through the Microsoft Teams integration, adding fresh pressure on security teams to review third-party connectors that sit inside core incident response systems. The vulnerability, tracked as CVE-2026-0234, was published on April 8 and affects Microsoft […]

With robust lineup of medical conventions in 2026

HONG KONG SAR – Media OutReach Newswire – 9 April 2026 – Marking yet another milestone as the World’s Meeting Place, Hong Kong became the first city outside Chinese Mainland to host the nation’s largest conference on chest pain centres – the 15th China Chest Pain Centers Congress (CCPCC 2026), thanks to the effort of Hong Kong Convention Ambassador (HKCA) appointed by the Hong Kong Tourism Board (HKTB).

The 15th China Chest Pain Centers Congress

The 15th China Chest Pain Centers Congress

Together with two other high-profile and hugely successful medical congresses – the 41st Asia Pacific Academy of Ophthalmology Congress in February and the 17th Asian Congress of Oral & Maxillofacial Surgery in March, Hong Kong’s medical science events space was off to a strong start in 2026.

Ms Marilyn Tham, General Manager of Mega Events, MICE & Cruise of the HKTB said, “Hong Kong’s leading edge in medical sciences coupled with the city’s world-class venues and destination appeal have enabled notable success for internationally significant medical events. CCPCC 2026 is one of the large-scale medical conventions confirmed for 2026. Such robust lineup reflects event organisers’ confidence in Hong Kong as a premier hub for advancing global exchanges on medical sciences.”

Over 10 medical conventions have secured a spot in Hong Kong this year, spanning diverse disciplines, from cytology to oncology, antimicrobial resistance and more (see full list below). The breadth and depth of the events reflects Hong Kong’s growing appeal as the premier convention hub where global medical minds meet.

Globalising Chest Pain Leadership from Hong Kong

Held on 3-4 April 2026 at the Hong Kong Convention and Exhibition Centre with a concurrent venue in Shenzhen, CCPCC 2026 converged 3,000 healthcare leaders, physicians, nurses, researchers, policymakers and industry experts from Hong Kong, Chinese Mainland, the Belt and Road countries and beyond. The rich topics explored across two days encompassed cutting-edge healthcare innovations, AI-assisted clinical decision-making, intelligent emergency response systems and international accreditation standards.

Co-organised by Hospital Authority (HA) of Hong Kong, the National Clinical Research Center for Interventional Medicine, the Guangdong Chest Pain Centers Association, the Chinese Cardiovascular Association (CCA) and Oriental Huaxia Cardiovascular Health Research Institute (OHCHRI), Suzhou Industrial Park, CCPCC 2026 showcased conducive partnership.

Mr. Wenming Zeng, Secretary-General of OHCHRI, remarked, “The global influence of CCPCC has been growing over the years. Thanks to Hong Kong’s strategic location, leading medical standing and its unique role bridging Chinese Mainland and the world, this year’s congress has drawn even wider global participation, giving the event greater international significance. Hong Kong has helped showcase our event to the world, taking cardiovascular emergency intervention to a new height globally.”

Mr. Wenming Zeng, Secretary-General of OHCHRI

A Launchpad for Mainland-spearheaded International Standards

Capitalising on Hong Kong’s strengths as a super-connector for fostering globalisation, CCPCC 2026 released for the first time the “International Standards on Chest Pain Center Construction and Accreditation”, marking Mainland’s global leadership in cutting-edge cardiovascular emergency intervention. Leveraging Hong Kong’s internationalisation, the efforts to foster global policy support and implementation of the standards will contribute to fair, accessible and timely intervention for cardiovascular emergencies around the world.

Another Significant Win for HKCA Programme on its 5th Anniversary

Hong Kong Convention Ambassador Networking Cocktail 2026

Hong Kong Convention Ambassador Networking Cocktail 2026

Hong Kong Convention Ambassador Networking Cocktail 2026

As a HKTB-appointed HKCA, Prof Lu Shi-Juan, who is a Member of Hainan Medical Association Cardiovascular Professional Committee, played an instrumental role in bringing CCPCC 2026 to Hong Kong. This marked the latest success story of the HKCA programme, as HKTB celebrated the programme’s milestone 5th anniversary with a HKCA Networking Cocktail Event on 31 March, 2026.

Prof Lu noted, “As a Hong Kong International Convention Ambassador, I have worked closely with the HKTB to bring CCPCC to Hong Kong, which is a gateway to the global stage. Hosting the conference here showcases how Hong Kong can elevate Mainland conferences internationally, foster cross‑border knowledge exchange and help shape the future development of the broader medical and professional community.”

Prof Lu Shi-Juan, Committee Member of Hainan Medical Association Cardiovascular Professional Committee

The HKCA programme bands together over 170 local and mainland sector leaders of 13 industries and academics to champion Hong Kong as the World’s Meeting Place. Their initiative and connections have helped Hong Kong secure 50 convention wins that have brought in nearly 100,000 high-value overnight MICE visitors.

Strong Medical Events Lineup in 2026

Over 10 medical conventions will be held in 2026 across various disciplines, including ophthalmology, oncology, antimicrobial resistance and cytology.

Event

(*first-ever in Hong Kong)

Date / Venue Highlights
The 41st Asia-Pacific Academy of Ophthalmology Congress 2026 5-8 Feb,

HKCEC

The largest and most authoritative ophthalmology congress in APAC, returning to HK for the fifth time, with record-breakingattendance of 11,000+ participants from 111 countries and regions.
The 17th Asian Congress on Oral and Maxillofacial Surgery 2026 27-29 Mar,

HKCEC

Held in Hong Kong for the second time, bringing together internationally acclaimed speakers, globally renowned experts and young surgeons to foster academic exchange and professional development.
The 15th China Chest Pain Centers Congress 3-4 Apr,

HKCEC

Chinese Mainland’s largest conference on chest pain centres, hosted for the first time outside Chinese Mainland.
*Asian Federation of Cytology Societies Conference 2026 8-10 May,

Postgraduate Education Centre, Prince of Wales Hospital

First edition in Hong Kong, bringing together regional and international cytology experts for academic exchange and collaboration.
International Symposium on Antimicrobial Agents and Resistance 2026 12-14 Jun,

HKCEC

A key international platform for academic exchange on infectious diseases and antimicrobial resistance.
European Society of Medical Oncology Targeted Anticancer Therapies Asia 2026 12-14 Jun,

Kerry Hotel

A key Asia-Pacific platform for showcasing the latest advances in early-phase oncology drug development, targeted therapies and precision oncology.
Federation of Asian and Oceanian Biochemists and Molecular Biologists Conference 2026 10-13 Aug,

Cheung Kung Hai Conference Centre, The University of Hong Kong

A major regional scientific meeting in biochemistry and molecular biology, bringing together researchers, educators and professionals from across Asia and Oceania for academic exchange and collaboration.
* 2026 World Cancer Congress 24-26 Sep,

HKCEC

A leading global forum advancing cancer control and research.
2026 Asia-Pacific Longevity Medicine International Summit 1-4 Oct,

TBC

A leading international platform and regional collaborative hub dedicated to longevity medicine and innovation, attracting top longevity scientists, medical experts, cross-industry entrepreneurs and investors from over 50 countries.
10th Asia Cornea Society Scientific Meeting 2026 11-13 Dec,

TBC

A key regional forum for cornea specialists to exchange the latest clinical insights, diagnostics and treatments, and to strengthen collaboration across the Asia-Pacific ophthalmology community.
Association of Pacific Rim Universities (APRU) Global Health Conference 2026 7-9 Dec,

Henry Cheng International Conference Centre, CUHK

Third time in Hong Kong, convening leading academics, policymakers and practitioners to address critical global health challenges through interdisciplinary collaboration and innovation.

Hashtag: #HongKongTourismBoard #MEHK #MeetingsandExhibitionsHongKong #HongKong #MICE #Medical #Convention #Conference #Event


The issuer is solely responsible for the content of this announcement.

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.
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:

  1. Kenanga Growth Fund (“KGF“) – Best Equity Malaysia – Malaysia Provident Funds over 5 Years
  2. Kenanga Growth Fund Series 2 MYR Class (“KGFS2“) – Best Equity Malaysia Diversified – Malaysia Provident Funds over 3 Years
  3. Kenanga Malaysian Inc Fund (“KMIF“) – Best Equity Malaysia Diversified – Malaysia Provident Funds over 10 Years
  4. 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.

Matein Khalid The US-Israel war with Iran has now stretched beyond five weeks, inflicting extensive damage on energy infrastructure, airports, ports and commercial and technology hubs across the six GCC states. The closure of the Strait of Hormuz to Gulf oil and gas exports is, in itself, an economic catastrophe. It forces the GCC to conclude that energy export security is not national security. Drone and missile attacks triggered a sharp […]

By Asad Mirza It seems that President Trump’s Tuesday morning Truth Social post, which threatened “a whole civilisation will die tonight” and raised the spectre of nuclear war, has jolted the American lawmakers, and it has begun a chorus of calls either for Trump’s impeachment or for his removal via the invocation of the 25th […]

The article Irrespective Of Two Week Ceasefire, Demand For Impeachment Of Trump Grows In U.S. Congress appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Fresh academic work is pushing back against some of the louder claims surrounding quantum computers and Bitcoin, arguing that one feared route of attack — using a quantum machine to dominate mining — remains so physically demanding that it would require energy on an astronomical scale. A separate paper has cast doubt on headline-grabbing “quantum factoring breakthroughs”, arguing with deliberate sarcasm that many such claims can be […]

Arabian Post Staff -Dubai Space42 said Thuraya’s services and infrastructure remained fully operational after a missile strike hit an administrative building linked to the satellite communications company in Sharjah, as the UAE’s air defences continued intercepting ballistic missiles and drones launched during the wider regional conflict. The company said there had been no disruption for customers or partners despite the incident. Authorities in Sharjah said two Pakistani […]

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 […]

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.

SC Unveils Bold Rebrand, Shifts “Beyond Residential” to Three-Engine Growth Model

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.

Arabian Post Staff -Dubai Dubai shares posted their strongest one-day rise in more than a decade on Wednesday after a two-week ceasefire between the United States and Iran eased fears over a wider regional conflict, soothed concern over energy shipping routes and triggered a broad relief rally across Gulf markets. Dubai’s benchmark index jumped as much as 8.5% intraday, while Abu Dhabi’s main market also recorded its […]

BEIJING, CHINA – Media OutReach Newswire – 8 April 2026 – On March 31, 2026, China Mobile hosted the 2026 China Mobile Digital Empowerment Cooperation Conference for Chinese Enterprises Going Global in Beijing. The conference focused on the needs for digital and intelligent development of Chinese enterprises going global, jointly exploring new trends in digital and intelligent empowerment for the global development of Chinese enterprises, and it was broadcast live simultaneously around the world. Zhang Feng, Secretary of the CPC Chinese Institute of Electronics Committee, and Guo Hao, President of the China Association of Communications Enterprises, attended the event, among others. Li Huidi, Executive Vice President of China Mobile attended the conference and delivered a speech.

1

Li Huidi pointed out that artificial intelligence is currently reshaping the ways of production and life with unprecedented speed and breadth, deeply restructuring the competitive landscape of global industries. AI is already the core engine driving the leap in social productivity and leading the transformation of the global industrial system. The overseas development of Chinese enterprises is undergoing a comprehensive upgrade from the traditional export of products and production capacity to the synergistic development of digital capabilities and industrial chains driven by AI.

Li Huidi stated that, in the face of a new round of technological revolution and industrial transformation, China Mobile is accelerating the transition from a “telecommunications operator” to a “technology services enterprise.” With the vision of building a world-class technology services enterprise, it comprehensively promotes the integrated innovation of communication technologies, information technologies, and AI technologies, in order to strengthen, optimize, and expand the three major businesses of “communications services, computing services, and AI services.” China Mobile will deeply integrate its AI capabilities into the entire chain of its three core businesses, paving a digital and intelligent highway for globalization, featuring the integration of networks and intelligence, safety and reliability, and universal access across all domains for Chinese enterprises going global:

First, China Mobile will strengthen communications services and empower “AI connectivity”, weaving a dense network of global intelligent interconnection. The scale of China Mobile’s international information infrastructure continues to grow. China Mobile have expanded the capacity of submarine and terrestrial cables, bringing total international transmission bandwidth to 406T and Points of Presence (PoPs) to 446. Notably, the eastern section of 2Africa, the largest submarine cable system in the world circling Africa, has been activated. The sections are expected to be completed and put into operation in the first half of this year. Spanning a total length of approximately 45,000 kilometers, this submarine cable is laid along the coastline of the African continent. It connects 33 countries and regions across the Middle East, Asia, and Europe, providing high-quality, low-latency international communication services for a population of roughly 3 billion along its route. This major information artery, which connects six continents and four oceans, provides safe and reliable guarantees for end-to-end connections. It supports the scheduling of transnational AI applications and the integration of global business for enterprises going global. Global roaming is now available in 268 destinations, and the total number of users for the JegoTrip app has exceeded 90 million. China Mobile’s international ecological cooperation continues to expand, and the “Hand-in-Hand Program” covers over 3 billion users worldwide. China Mobile have consecutively hosted events such as the Southeast Asia Cooperation Conference and the China Mobile Digital Empowerment Cooperation Conferences for Chinese Enterprises Going Global. These events have been widely praised and have strengthened China Mobile’s influence within the global ecosystem. In recent years, China Mobile’s revenue from international business has consistently maintained a trend of high-speed, double-digit growth.

Second, China Mobile will optimize computing services and drive “AI Computing”, building a globally integrated computing network across the world.As a builder of computing infrastructure, China Mobile will comprehensively increase its investment in Artificial Intelligence Data Centers (AIDC), accelerate the supply of computing, and enhance its operational capabilities for Tokens. China Mobile’s 100-megawatt-level Global Intelligent Center (GIC) in Hong Kong has officially opened, and China Mobile will deploy more nodes for AI computing along the “Belt and Road” initiative in the future. China Mobile have already established a cluster for AI computing with a capacity of 92.5 EFLOPS in China. By linking this with over 1,300 resources from self-owned and cooperative data centers overseas, China Mobile are constructing a global network for computing. China Mobile will promote Mobile Cloud to integrate high-quality global models and streamline the service chain where “Agents use Tokens, Tokens drive Computing, and Computing consumes Electricity.” This will forge a solid foundation of computing for Chinese enterprises going global.

Third, China Mobile will expand AI services and reshape digital services, stimulating new momentum across all domains for enterprises going global.As a promoter of applications for artificial intelligence, China Mobile continuously iterates the capabilities of its “Jiutian” large model. China Mobile have accumulated industrial data exceeding 20 trillion Tokens and independently developed more than 50 industrial large models. This promotes the deep integration of AI agents into the entire process of production and operations for enterprises. Overseas, China Mobile translate its leading domestic AI capabilities into a “smart engine” for Chinese enterprises expanding abroad. Targeting the pain points of enterprises going global, China Mobile have tailored a “1+8” system of products and solutions for all scenarios, which has already served tens of thousands of Chinese enterprises in their global layout. By combining the advantages of Chinese manufacturing and 5G solutions, China Mobile achieve deep integration with local ecosystems overseas. In regions including Europe, Latin America, and the Asia-Pacific, and have successfully established over a thousand benchmark cases of “AI+” digital and intelligent transformation, such as smart factories, smart ports, and smart IoV. This makes the fruits of China’s innovation in AI benefit the global market.

Looking toward the vast blue ocean of the AI era, Li Huidi proposed four initiatives: First, China Mobile will jointly build AI infrastructure to forge a solid “new foundation” for AI+ global development. China Mobile will join hands with global industry partners to accelerate the construction of global communication networks, computing networks, and intelligent networks. China Mobile will jointly optimize the layout of global submarine and terrestrial cables as well as hubs for computing, achieving mutually beneficial cooperation along the “Belt and Road” initiative and around the world. By building more high-standard Artificial Intelligence Data Centers, China Mobile will provide low-latency, highly reliable, high-performance, and widely covered infrastructure of computing networks for Chinese enterprises marching into the world. Second, China Mobile will jointly establish AI standards to build a “new consensus” on intelligence within the industry. China Mobile will continue to promote China’s full-stack AI technologies and standards to the world, covering the entire chain of computing foundations, large models, and industrial applications. This will contribute Chinese wisdom, Chinese solutions, and Chinese standards to the construction of an open, inclusive, and interoperable system of global rules for AI technology. Third, China Mobile will jointly expand AI scenarios to release “new quality productive forces” across thousands of industries. China Mobile will continuously open up China Mobile’s technological foundation and experience in various scenarios, collaborating with enterprises going global to unearth high-value industrial scenarios. By providing exclusive resources for AI computing and support for Tokens, China Mobile will empower the accelerated release of new quality productive forces through AI innovation. In key regions along the “Belt and Road” initiative, China Mobile will create more replicable and promotable benchmark projects of “AI+” digital and intelligent transformation for overseas development. Fourth, China Mobile will jointly cultivate a win-win AI ecosystem to expand the “new circle of friends” for global cooperation. China Mobile will continuously upgrade the cooperative ecological system of the “iSTAR Program. Relying on the three core pillars of “AI+ applications, cloud and AI computing, and connectivity,” China Mobile will unite the strengths of global industries, academia, research, and application. This will help build a more open, inclusive, and mutually beneficial globalized digital and intelligent ecosystem. China Mobile will jointly incubate “AI+” solutions for overseas development across more than 150 scenarios, providing intelligent escorts across the entire chain and full life cycle for Chinese enterprises going global.

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At the conference, using full-stack digital and intelligent capabilities to escort Chinese enterprises going global, China Mobile released a series of “AI+” full-stack digital and intelligent infrastructure, products, and services. Together with its ecological partners, China Mobile jointly released the “White Paper on the Digital and Intelligent Ecosystem of the China Mobile International ‘iSTAR Program’ for Chinese Enterprises Going-Global,” collaboratively building a new ecosystem for AI services.

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