A newly documented malware framework has exposed how attackers are turning open-source offensive tools into stealthy intrusion platforms capable of screen control, browser data access and Windows privilege escalation. The framework, tracked as TencShell, was detected during an attempted attack on a global manufacturing organisation through a third-party connection at its India site. The operation was blocked before attackers could establish lasting control, but the technical evidence […]
The premier music festival will play host to 16 K-pop, regional and Malaysian stars including, in performance order: Day 1 – NexT1DE, Aina Abdul, Belle Sisoski, Win Metawin, NMIXX, WINNER, DAESUNG, KUN. Day 2 – Uriah See, Firdhaus, Butterbear, 82MAJOR, STAYC, CRAVITY, TWS, CxM
SINGAPORE – Media OutReach Newswire – 14 May 2026 – Your next major K-pop experience is just a savings goal away as HL Bank Singapore (“HLB Singapore”) bridges the gap between financial wellness and the front row. In an exclusive collaboration designed for the ultimate music enthusiast, the bank is offering fans the chance to secure a pair of sought-after AsiaTop Music Festival 2026 tickets, valued at up to RM1,098 (approx. S$355), simply by growing their wealth.
HL Bank Singapore is giving music fans the chance to redeem exclusive passes to the AsiaTop Music Festival 2026, featuring top Asian acts, through its iSavings Reward Campaign.
This unique initiative stems from the regional synergy between Hong Leong Bank (“HLB”) and Tencent Music Entertainment Group (JOOX and QQ Music). By aligning with Visit Malaysia Year and Visit Selangor Year 2026, HLB is transforming the traditional banking experience into a gateway for premium entertainment. Scheduled for 30 and 31 May 2026 at the iconic Sepang International Circuit, the festival promises a high-octane weekend featuring an elite lineup of Asian superstars, including the largest K-pop showcase in the ASEAN region.
Securing a spot at the heart of the action has been streamlined through the iSavings Reward Campaign, running from 9 May 2026 to 18 May 2026. To participate, fans first decide on their preferred festival experience, selecting either a pair of Standard Passes with a S$5,000 deposit or the high-energy, nearer-to-the-stars Rockzone Passes with a S$8,282 deposit for their chosen day.
Once a tier is selected, customers can register by depositing the qualifying funds into an iSavings account via FAST or Links transfer. To validate their entry, customers must include the specific Comment Code, such as PALLIR1 for Day 1 Rockzone, within the funds transfer description. The qualifying balance must be maintained within the account for a six-month (182 days) earmarked period.
With only 88 pairs of tickets available for this exclusive campaign, the stakes are high. Allocation is limited to 22 pairs per day for each ticket category and will be awarded strictly on a first-come, first-served basis. Fans are encouraged to act quickly to ensure their savings work as hard as they do while securing a premier seat at the musical event of the year.
The issuer is solely responsible for the content of this announcement.
HL Bank Singapore
HL Bank Singapore is the Singapore branch of Hong Leong Bank Berhad, a leading digital-centric Malaysia-based financial services institution with a rooted heritage in the country spanning over 120 years. Operating under a Full Bank Licence in Singapore, HL Bank offers a comprehensive range of financial services to our business, retail and high networth customers through our 4 core business segments – Business & Corporate Banking, Personal Financial Services, Private Wealth Management and Global Markets.
Arabian Post Staff -Dubai M42 has launched kidney. com, a free AI-powered kidney health assistant aimed at widening access to reliable education for people living with, or at risk of, chronic kidney disease across several international markets. The platform has gone live in the UAE, France, Germany, Portugal and the UK, with further country launches planned. It combines M42’s artificial intelligence, health technology and genomics capabilities with […]
Meta has begun rolling out an incognito chat mode for WhatsApp users who want to speak with its AI assistant without leaving a stored conversation trail, marking a significant privacy shift as technology companies compete to make generative AI feel safer for everyday use. The new feature, called Incognito Chat with Meta AI, is being introduced on WhatsApp and the Meta AI app over the coming months. […]
By Dr. Gyan Pathak A closer look at the just released quarterly PLFS data for last quarter of 2025-26, January-March 2026, shows that salaried employment in India remains stagnant at 25.5 per cent, while casual employment has declined to 18.7 per cent from 20.1 per cent in the first quarter April-June 2025. Self-employment has risen […]
SINGAPORE – Media OutReach Newswire – 14 May 2026 – Veritickets, a global event ticketing platform, has become the first brand to sell overseas concert and sports tickets on Tmall Global, China’s largest cross-border e-commerce platform, following its recent debut on the site.
Screenshot of Veritickets’ storefront on Tmall Global.
The move established a new category for international live entertainment ticketing within China’s import e-commerce market, with Tmall Global positioning Veritickets as a specialist overseas brand addressing an underserved market.
Ahead of Tmall Global’s annual 618 shopping festival, Veritickets will offer tickets to all 104 FIFA World Cup matches, alongside global tour tickets for leading Chinese-language artists including Jay Chou, Stefanie Sun, and Mayday. The platform will also feature K-pop tours across Asia, enabling fans to secure seats for performances by groups such as EXO, BTS, and i-dle.
The move comes as outbound demand for live entertainment continues to rise among Chinese consumers, driven by a packed calendar of international sporting events, including the FIFA World Cup, UEFA Champions League and Premier League, as well as a broader recovery in concerts across the Asia-Pacific region.
Veritickets aims to address longstanding difficulties in cross-border ticket purchasing. Consumers buying overseas event tickets have typically faced challenges ranging from language barriers and complex payment processes to uncertainty over ticket authenticity and availability. The platform was designed to resolve these issues for international buyers.
The platform commits to issuing confirmed, in-stock tickets in as fast as 12 hours and provides multilingual interfaces and multi-currency payment options. It also offers a “100% verified tickets” guarantee backed by a consumer-protection policy that provides a full refund, plus additional compensation of up to the ticket price, if tickets are not delivered.
Tickets are available through the Veritickets website or mobile app. The platform accepts major international credit cards, including Visa, Mastercard and JCB, and is also an officially certified partner of Alipay, China’s leading digital payments and services platform.
To enhance transparency and reduce search friction, Veritickets aggregates official and vetted ticket inventory into a single interface, allowing users to compare offerings with real-time availability and pricing. An all-in pricing model is used to limit hidden charges and last-minute price adjustments.
Event recommendations are tailored using a preference-based engine, while dedicated customer support and real-time transaction verification form part of the platform’s service and supervision standards.
Initially focused on Hong Kong, Macau and Southeast Asia, Veritickets plans to strengthen its footprint across the Asia-Pacific region, with phased expansion into additional international markets.
The platform is currently recruiting internationally qualified ticketing agents, requiring valid operating licenses, strong credit records and proven professional service capabilities. All agents must comply with stringent requirements, including real‑time ticket updates, instant transaction validation and round-the-clock customer support, ensuring a consistent and reliable experience for buyers worldwide.
Hashtag: #Veritickets
The issuer is solely responsible for the content of this announcement.
China’s search for safer gas supplies has pushed energy to the centre of Xi Jinping’s talks with Donald Trump in Beijing, where the war involving Iran has sharpened pressure on both sides to repair a trade channel that collapsed under tariffs. The discussions come as disruption around the Gulf has unsettled fuel markets, tightened liquefied natural gas flows into Asia and revived the commercial logic of United […]
Seoul apartment prices accelerated at their fastest weekly pace in more than three months, sharpening the policy dilemma facing the Bank of Korea as stronger housing demand, firm rental costs and hotter inflation narrow the case for near-term monetary easing.
Apartment prices in the capital rose 0.28 per cent in the week through May 11, up from 0.15 per cent a week earlier, marking the steepest gain since late January. The increase extended Seoul’s run of weekly advances to 67 weeks, while nationwide apartment prices rose 0.06 per cent, underscoring a widening gap between the capital and the rest of the country. All 25 districts in Seoul posted gains, with Gangnam returning to positive territory after a 12-week decline and jeonse prices also climbing 0.28 per cent.
The renewed strength has added pressure on policymakers before the Bank of Korea’s May 28 rate-setting meeting, the first under Governor Shin Hyun-song. The central bank held its base rate at 2.50 per cent in April, citing rising inflation pressures, weaker growth risks and financial-market volatility linked to the Middle East conflict. Shin has signalled that policy will remain cautious and flexible, with price stability and financial stability both central to the bank’s calculations.
Housing is becoming a harder constraint for monetary policy because Seoul’s property market has moved in the opposite direction from the broader economy. Growth has been facing pressure from external demand uncertainty, higher energy costs and weaker household spending, yet the capital’s housing market continues to draw buyers who expect limited supply and further rental increases. That combination reduces the room for rate cuts, as easier financial conditions could feed more leverage into an already expensive market.
Consumer inflation reached 2.6 per cent in April, the highest reading since July 2024, after rising from 2.2 per cent in March. Transport costs, housing and utilities were among the categories adding pressure, while oil-linked effects from the Middle East conflict have complicated the central bank’s effort to bring inflation back towards its 2 per cent target. A departing board member, previously seen as dovish, warned this week that inflation control should remain the bank’s priority even at the cost of weaker growth.
The property upturn is also being reinforced by South Korea’s jeonse system, under which tenants provide large lump-sum deposits instead of monthly rent. Tight supply of rental homes and rising jeonse costs have encouraged some households to shift towards buying, particularly in Seoul districts where demand remains resilient despite lending controls. Housing rental prices have been moving higher since early 2024, and rent carries significant weight within services inflation, making it a sensitive issue for both the central bank and fiscal authorities.
Government measures have so far produced uneven results. Authorities tightened trading rules in wealthy Seoul districts last year, including Gangnam, Seocho, Songpa and Yongsan, after speculation returned quickly when permit requirements were eased. They also moved to fast-track housing supply in the capital region, where limited available land and slow redevelopment approvals have kept pressure on prices. Apartment prices in Seoul climbed nearly 9 per cent in 2025 despite those interventions, leaving policymakers wary that demand-side restrictions alone may not be enough.
The latest move comes after a brief moderation linked partly to tax policy expectations. Earlier this year, the central bank said price increases in Seoul and surrounding areas had slowed under the government’s plan to end the temporary suspension of higher capital gains taxes on multiple-home owners. The rebound in May suggests buyers may be adapting to policy changes rather than retreating, particularly in areas where expectations of long-term scarcity remain strong.
Financial stability concerns remain central because household debt is closely tied to housing prices. South Korea’s mortgage market has long made the property cycle a major channel for monetary policy, and a renewed rise in Seoul apartments could encourage more borrowing at a time when real incomes remain under pressure. A stronger won and improved equity sentiment linked to semiconductor demand may ease some external strains, but they also add complexity by supporting domestic confidence.
Fiscal policy is moving in a more expansionary direction, supported by strong tax revenue from the artificial intelligence and semiconductor cycle. Fitch has said South Korea has room for active spending because chip-sector strength has improved the revenue outlook, while monetary policy may need to stay restrictive because of inflation risks. That divergence places greater responsibility on the central bank to prevent housing and price pressures from becoming embedded.
Arabian Post Staff -Dubai Zimbabwe’s export map is shifting sharply towards the Gulf, with the United Arab Emirates emerging as the country’s largest overseas market as trade, minerals sales and investment talks deepen between Harare and Dubai. Bilateral trade reached about US$4.1 billion last year, driven mainly by mineral exports and reinforced by a new pipeline of investment discussions covering mining, renewable energy, manufacturing, agriculture and logistics. […]
Foxconn has confirmed a cyberattack on some of its North American factories after the Nitrogen ransomware group claimed it stole 8 terabytes of data and more than 11 million files from the world’s largest electronics contract manufacturer. The company said its cybersecurity team activated response measures to protect production and deliveries, with affected factories returning to normal operations. The statement did not identify the number of sites […]
Gulf banks are preparing to lean more heavily on private placements and syndicated loans as the Iran conflict continues to unsettle public debt markets and reshape funding plans across the region. Fitch Ratings said lenders in the Gulf Cooperation Council are likely to use quieter, negotiated channels if market volatility keeps public bond windows narrow. Private placements by Gulf banks have already exceeded $4.3 billion this year, […]
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 14 May 2026 – Kenanga Futures Sdn Bhd (“Kenanga Futures“) is proud to launch its inaugural 2026 campaign, “Shining in Global Futures,” running until 31 July 2026. More than just a campaign, this initiative calls on the new-gens of investors to broaden their access to global derivatives markets through selected Chicago Mercantile Exchange (“CME“) futures products with lower entry barriers and enhanced learning support.
Azila Abdul Aziz, Chief Executive Officer/ Executive Director and Head of Listed Derivatives, Kenanga Futures Sdn Bhd
Powered by interactive tools, strategic insights and guided learning, “Shining in Global Futures” equips participants with practical tools, market insights and guided learning to better understand and navigate global futures trading. Aligned with Kenanga Futures’ motto of “Building a Smart Derivatives Trading Community”, the campaign combines education, risk awareness and seamless market access to promote confident and responsible engagement in CME-listed derivatives.
“As global markets become increasingly dynamic, navigating volatility requires more than just access, it demands insights, discipline, and confidence. Against this backdrop, ‘Shining in Global Futures’, aims to make global futures markets more accessible while equipping traders with the K-Economy they need to manage risk and participate more effectively in,” said Azila Abdul Aziz, Chief Executive Officer/ Executive Director and Head of Listed Derivatives of Kenanga Futures.
To encourage broader participation, account opening fees during the campaign period are reduced to a nominal RM10, significantly lowering the barrier of entry for newcomers to capitalise on the current market landscape. Participants will also stand a chance to win prizes with a total value of up to RM20,000 across all winners.
The first 20 participants with successful account openings who trade a minimum of 30 CME products will be entitled to RM500 Poh Kong Gold cash vouchers, while the top three traders with the highest trading volumes exceeding 100 CME contracts will be rewarded with a cumulative total of RM9,000 worth of Poh Kong Gold cash vouchers.
In addition, the campaign introduces a virtual trading challenge conducted on the enhanced Kenanga Futures Virtual Trading platform (“KFVT“), which allows participants to experience real‑time market conditions and compete for rewards without incurring actual trading risk. Designed with accessibility in mind, KFVT also provides a practical and engaging entry point for new traders to gain hands‑on exposure, test strategies, and build confidence in navigating global markets. As part of this challenge, the top 10 participants who achieve the highest simulated profits will receive RM100 e‑shopping vouchers.
Looking ahead, Kenanga Futures plans to expand this initiative over the next year with the inclusion of advanced modules, collaborative learning opportunities and partnerships with industry leaders, as it continues its commitment to creating a thriving community of informed, confident and future-ready traders. Visit https://www.kenangafutures.com.my/shining-in-global-futures/ to start your trading journey today.
-Terms and conditions apply.
Hashtag: #KenangaFutures
The issuer is solely responsible for the content of this announcement.
KENANGA FUTURES SDN BHD
Kenanga Futures Sdn Bhd is an award-winning Malaysian listed derivatives broker regulated under the Securities Commission Malaysia and Bursa Malaysia Berhad. The company offers clients electronic market access to trade listed products on Bursa Malaysia Derivatives and CME Group. Apart from being a direct member of Bursa Malaysia Derivatives Berhad and the clearinghouse, the company is also a registered broker with the U.S. CFTC and was granted exemption relief pursuant to Commission Regulation 30.10 which enables the company to paper directly with entities in the U.S. On the domestic front, the company has an extensive network with 16 branches nationwide licensed to trade listed derivatives.
Clients can access both U.S. and Malaysian listed derivatives on a single trading platform via the company’s trademarked real-time customised online trading solution, KDF TradeActive™. KDF TradeActive™ is available on both desktop and mobile devices, giving clients easy access to real-time market data and flexibility to trade on-the-go.
This Press Release was issued by Kenanga Group’s Marketing, Communications & Sustainability Department.
South Africa’s rand firmed in early Wednesday trade as investors turned their attention to Beijing, where talks between U. S. President Donald Trump and China’s President Xi Jinping were expected to influence appetite for emerging-market assets, commodities and risk-sensitive currencies. By 0749 GMT, the rand was trading at 16.4517 against the dollar, about 0.4% stronger than its previous close. The move followed a weaker session on Tuesday, […]
South Africa’s retailers are paying a widening price for weak security systems, with losses now extending beyond stolen stock to staff safety, customer confidence, delivery costs, insurance premiums and already thin operating margins. Shrinkage has become a boardroom issue rather than a store-level irritation. Retailers are dealing with shoplifting, employee theft, fraud, vandalism, armed robberies, cyber intrusions and organised syndicates that target goods with established resale value. […]
Jeep’s Rubicon badge has crossed one million global sales, strengthening the off-road marque’s standing in the Middle East as demand for high-capability SUVs continues to be shaped by desert driving, enthusiast communities and the enduring appeal of the Wrangler and Gladiator nameplates. The milestone covers Rubicon versions of the Jeep Wrangler and Jeep Gladiator, two models positioned at the most capable end of the brand’s factory-built 4×4 […]
Arabian Post Staff -Dubai Abu Dhabi’s arbitration centre has recorded a 38 per cent rise in cases between its first and second years of operation, signalling stronger business reliance on the emirate’s formal dispute resolution framework as cross-border commerce expands. The Abu Dhabi International Arbitration Centre, known as arbitrateAD, has administered 105 matters since it began accepting cases in February 2024. The growth was disclosed in its […]
Discord Nitro subscribers will receive a starter edition of Xbox Game Pass at no additional charge under a new partnership with Microsoft, adding a substantial gaming benefit to the paid chat and community service as both companies compete for deeper engagement among players. The offer gives eligible Nitro members access to more than 50 PC and console games, along with 10 hours of Xbox Cloud Gaming each […]
HKUST Led Project Marks Hong Kong’s First Scientific Payload on the National Space Station
HONG KONG SAR – Media OutReach Newswire – 13 May 2026 – The world’s first lightweight, high‑resolution, high‑precision synergistic observatory for carbon dioxide (CO₂) and methane (CH₄) emission point sources – named “MUSICO”, Multi‑Spectral Imaging Carbon Observatory, led by The Hong Kong University of Science and Technology (HKUST) – was successfully launched aboard the Tianzhou‑10 cargo spacecraft on May 11 and has arrived at China’s Tiangong Space Station. This is not only Hong Kong’s first scientific payload deployed on the national space station, but also a historic breakthrough for the city in the development of high‑end aerospace instruments. The project fully demonstrates Hong Kong’s strong capability to build national‑level cutting-edge scientific payloads, to participate in long‑term space station missions, and to play a key role in addressing global climate change while serving the nation’s strategic “carbon peak and carbon neutrality” goals.
The project is led by an interdisciplinary research team from HKUST, comprising experts from the Department of Civil and Environmental Engineering, the Division of Emerging Interdisciplinary Areas, the Division of Environment and Sustainability, the Department of Computer Science and Engineering, and the Division of Public Policy. In late 2024, the project received formal approval from the Technology and Engineering Center for Space Utilization of the Chinese Academy of Sciences (CSU.CAS), the general research center for the Space Utilization System. It is jointly developed with the CAS Changchun Institute of Optics, Fine Mechanics and Physics, and funded by the Special Call (Aerospace Technology) of the Innovation and Technology Support Program under the Innovation and Technology Commission of the HKSAR Government.
MUSICO is a lightweight, high‑resolution, high‑precision greenhouse gas point‑source detection payload capable of accurately measuring CO₂ and CH₄ — two major greenhouse gases — from space. Smaller than a domestic washing machine, the instrument maintains extra-high spectral resolution and one hundred‑meter spatial resolution. By analyzing intensity changes of sunlight over specific spectral bands as it passes through the atmosphere and reflects off the Earth’s surface, MUSICO identifies gas‑specific absorption features to determine gas concentrations and pinpoint individual emission sources, enabling effective monitoring of key facilities such as power plants and landfills.
Prof. SUN Dong, Secretary for Innovation, Technology and Industry of the HKSAR Government, remarked, “This HKUST led project represents Hong Kong’s first scientific payload aboard the Tiangong Space Station, a major milestone for Hong Kong in the nation’s space missions. The national 15th Five Year Plan identifies accelerating green and low carbon transition, building a space powerhouse, and achieving carbon peak as key priorities. The successful deployment of a payload autonomously developed by a Hong Kong research team on Tiangong powerfully demonstrates that Hong Kong scientists possess top tier research and technology translation capabilities in frontier fields such as aerospace technology and green low carbon science, providing the nation with high quality, verifiable scientific data to accelerate the realization of the dual carbon goals.”
Prof. Nancy IP, President of HKUST, said, “We are deeply honored that our HKUST research team can participate in scientific missions on the national space station, and we sincerely thank the nation and the HKSAR Government for their long‑standing trust and support. This project not only highlights HKUST’s accumulated strengths in aerospace engineering, satellite remote sensing, and environmental engineering, but also proves that Hong Kong’s research capabilities can make substantial contributions on the nation’s highest‑level aerospace platforms. As the world’s first lightweight high‑precision greenhouse gas point‑source detection payload, MUSICO will continue to operate on the national space station, providing autonomous, controllable, high‑reliability CO₂ and CH₄ emission monitoring data that directly support the nation’s dual‑carbon goals and provide scientific backing for the ‘Beautiful China’ initiative and global climate governance.”
President Ip added, “In recent years, HKUST has been deepening its efforts in deep‑space exploration and low‑orbit satellite technology — following the successful launch of Hong Kong’s first higher‑education satellite in 2023, we are now actively participating in the nation’s Chang’e‑8 lunar exploration mission. Looking ahead, HKUST will continue to leverage its strengths in artificial intelligence, robotics, and materials science to accelerate the translation of space‑related technologies and nurture high‑end talent, contributing to the nation’s accelerated drive to build a space powerhouse and achieve green, low‑carbon, high‑quality development.”
Prof. SU Hui, Project Lead, Chair Professor of the Department of Civil and Environmental Engineering and Global STEM Professor at HKUST, said, “The development of MUSICO involved overcoming multiple critical technical challenges — namely, how to achieve high spectral resolution, fine spatial resolution, and synergistic multi‑gas observation under strict size and weight constraints. The team conducted extensive testing and optimization in optical design, precision manufacturing, and system integration to ensure the instrument can deliver reliable, accurate greenhouse gas data over long periods under high‑speed operation and extreme space environments. Successfully integrating these key technologies into a lightweight payload represents a landmark engineering and scientific achievement, demonstrating that the technology has reached internationally advanced standards.”
Prof. ZHANG Limin, Co‑Project Lead, National Engineer Awardee and Head of the Department of Civil and Environmental Engineering at HKUST, emphasized, “MUSICO’s observational coverage spans most land and ocean areas across low‑to‑mid‑latitude regions, providing consistent and comparable greenhouse gas monitoring data for different regions. The project’s results will be shared with government agencies and research institutions, supporting scientific research and practical applications in the Guangdong‑Hong Kong‑Macao Greater Bay Area and in other parts of China. They will also provide a scientific basis for cross‑regional climate research and emission reduction efforts along the Belt and Road, contributing to the global response to climate change. This is both a vivid example of HKUST’s research strength serving national strategy and a concrete practice of Hong Kong’s research capabilities contributing to global climate governance.”
The research project is co‑led by Prof. SU Hui, Chair Professor of the Department of Civil and Environmental Engineering and Global STEM Professor at HKUST, and Prof. ZHANG Limin, Chair Professor and Head of the same department. Prof. ZHAI Chengxing, Associate Professor of the Division of Emerging Interdisciplinary Areas serves as the mission system engineer. Other team members include: Senior Scientific Officer Dr. RONG Pingping, Prof. ZHANG Jize, and Prof. WANG Zhe from HKUST’s Department of Civil and Environmental Engineering; Prof. NING Zhi, Prof. SHI Xiaoming, and Prof. GU Dasa from the Division of Environment and Sustainability; Prof. MA Xiaojuan from the Department of Computer Science and Engineering; Prof. ZHU Pengyu from the Division of Public Policy; Prof. GAO Meng from Hong Kong Baptist University; and Prof. LI Jia from Lingnan University.
The project has also garnered strong industry support, including funding from HKUST-incubated startup Stellerus Technology Limited. Meanwhile, CLP Power Hong Kong Limited will collaborate with the project team to explore leveraging the data collected by MUSICO to complement its relevant assessments.
Hashtag: #HKUST
The issuer is solely responsible for the content of this announcement.
EVelution Energy has moved closer to anchoring a domestic US cobalt supply chain after signing a memorandum of understanding with Democratic Republic of Congo’s state cobalt buyer and Trafigura for long-term shipments of cobalt hydroxide to its planned Arizona refinery. The agreement brings together EVelution Energy, Entreprise Générale du Cobalt and Trafigura in a framework that could channel Congolese cobalt to the United States for processing into […]
Dubai Basketball will face Buducnost VOLI in the ABA League semi-finals after the Podgorica club beat U-BT Cluj-Napoca 112-81 in the decisive third game of their quarter-final series, setting up a high-stakes meeting between the regular-season leaders and one of the competition’s most established sides. Buducnost secured the tie at Morača Sports Hall in Podgorica, turning a finely balanced series into a one-sided finish with a dominant […]
By Nitya Chakraborty The developments in eastern and north eastern parts of India are getting increasing attention from Washington in the context of China’s planned moves to expand its control in Bangladesh and Myanmar, the two countries bordering the Indian states.US President Donald Trump’s unusual message sent to the Indian Prime Minister Narendra Modi on […]
Set opposite Ben Thanh Market, One Central Saigon is a landmark mixed-use destination where luxury living, hospitality, retail and business converge at the centre of Ho Chi Minh City. The project also marks The Ritz-Carlton hotel brand’s debut in Vietnam, alongside The Ritz-Carlton Residences, Saigon, Grade A+ offices, curated retail, services and fine dining.
HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 13 May 2026 – Masterise Homes, a member of Masterise Group, has officially launched One Central Saigon, Vietnam’s first mixed-use landmark destination, marking the arrival of a new address where international standards of living, hospitality, retail, business and services come together in Ho Chi Minh City.
One Central Saigon brings together The Ritz-Carlton, Saigon, The Ritz-Carlton Residences, Saigon, Grade A+ offices, curated retail, dining and lifestyle experiences in central Ho Chi Minh City.
The launch event was attended by representatives of Ho Chi Minh City government authorities, senior leaders from Masterise Group, Masterise Homes and Marriott International, as well as leading experts in real estate, economics and tourism.
Over the past decade, the centre of gravity of the global economy has shifted decisively towards Asia, with Vietnam emerging as one of the region’s most compelling growth stories. Ho Chi Minh City, the country’s economic engine, is entering a new phase of development as a dynamic, deeply connected metropolis.
Around the world, certain developments have helped shape how cities are recognised internationally, from Hong Kong’s IFC and Singapore’s Marina Bay Sands to Kuala Lumpur’s Petronas Twin Towers and Dubai’s Burj Khalifa. These projects did more than create striking skylines. They helped shape how the world sees their cities and countries. One Central Saigon is positioned within this tradition of city-shaping developments, with a vision that combines international standards, Vietnamese identity and long-term urban value.
“We believe Vietnam has reached the moment where it is ready for a development of the calibre of One Central Saigon,” said Ms Nguyen Thi Minh Phuong, Managing Director, Southern Region, Masterise Group. “The project has been present in Ho Chi Minh City for some time and has passed through several phases of development. Today, it is being introduced with a clearer vision. With a sense of responsibility to contribute to the nation’s development journey in a new era, Masterise Group aspires to continue building an iconic landmark where the world’s highest experiential standards converge with the identity, energy and ambition of the city. This is also how we contribute to projecting the image of a modern, confident and culturally rich Vietnam onto the international stage.”
A rare address in the city’s historic core For more than a century, Ben Thanh Market has been one of Ho Chi Minh City’s great urban constants: a place of trade, arrival and encounter, and one of the few landmarks instantly recognised across Vietnam and beyond.
Its clock tower, market halls and surrounding streets are woven into the city’s daily rhythm and public memory, giving the area a significance that extends far beyond location. Set directly opposite the market, with four rare frontages along Pham Ngu Lao, Calmette, Le Thi Hong Gam and Pho Duc Chinh streets in the former District 1, One Central Saigon holds one of the city’s most strategic locations and shares a unique connection with Ho Chi Minh City’s historic urban core.
One Central Saigon will rise as two towers above a retail and commercial podium on an 8,537 sqm site, with 19,990 sqm of commercial space across seven above-ground levels and six basement floors. The retail centre is envisioned as a destination for luxury retail, curated services and fine dining, with brands and experiences selected for both international appeal and the evolving needs of Vietnamese customers. Its basement levels will connect directly to Ben Thanh Metro Station via an underground link, integrating the project with the city’s public transit network.
Together with Grade A+ offices, The Ritz-Carlton, Saigon and The Ritz-Carlton Residences, Saigon, the development forms a seamless mixed-use ecosystem for luxury living, hospitality, retail, business, services and lifestyle experiences at the centre of Ho Chi Minh City.
Song Long Ngậm Ngọc: Vietnamese symbolism, global expertise The architecture of One Central Saigon is inspired by Song Long Ngậm Ngọc, or Twin Dragons Playing with a Pearl, a Vietnamese cultural motif associated with strength, prosperity and wisdom. The two towers rise and converge around a central point, creating a contemporary architectural expression of Vietnamese identity within the Ben Thanh district.
Among the tallest twin towers in Vietnam and the region, One Central Saigon is a structurally complex undertaking that requires significant investment, precision, and attention at every stage of execution. The project brings together an international design and construction team, including Arquitectonica as design architect, HBA for interior design, B+H, a member of Surbana Jurong Group, as executive architect, and Turner for project management.
International operational standards add another defining layer of value to One Central Saigon. With more than a century of heritage in luxury hospitality, The Ritz-Carlton brings refinement, attention to detail, privacy and highly personalised service to the project’s ultra-luxury positioning.
The Ritz-Carlton Residences, Saigon opens a new chapter in ultra-luxury living, while The Ritz-Carlton, Saigon marks the hotel brand’s debut in Vietnam, reflecting Ho Chi Minh City’s growing appeal to international travellers, investors, entrepreneurs and high-net-worth individuals.
The Grade A+ office component is designed for global corporations and forward-thinking business leaders seeking a workplace within a 5-star international ecosystem. Vietnam’s luxury momentum accelerates The launch comes as Vietnam continues to attract global capital, international brands and a rising generation of high-net-worth consumers. Official data showed real GDP growth of 8.02% in 2025, up from 7.09%, while foreign direct investment reached a record US$27.62 billion.
Tourism is adding further momentum. Vietnam welcomed nearly 21.2 million international visitors in 2025, its strongest year for inbound tourism, while Ho Chi Minh City received nearly 8.6 million international visitors, up 40.3% year on year.
Branded residences are following the same trajectory. Savills reports that branded residences in Asia Pacific increased by 55% over the past five years, while C9 Hotelworks’ Asia Branded Residences Market Review 2025 points to Vietnam as one of the region’s most important future supply markets.
For Masterise Group, One Central Saigon extends an international branded real estate portfolio that includes Grand Marina, Saigon, featuring Marriott and JW Marriott-branded residences, and The Ritz-Carlton Residences, Hanoi at The Grand. It also gives Vietnam’s ultra-luxury real estate growth story tangible form beside one of Ho Chi Minh City’s most prized historical sites.
As the city enters a new phase of development, expanding in both scale and quality, thoughtfully planned and professionally operated integrated developments such as One Central Saigon are expected to enrich the city’s tourism, services and urban experience ecosystem. The project is positioned to create lasting value for the community and elevate the standing of Ho Chi Minh City and Vietnam on the international stage. Hashtag: #MasteriseGroup
The issuer is solely responsible for the content of this announcement.
About Masterise Group
Masterise Group is an international real estate development group, pioneering a comprehensive ecosystem spanning residential and hospitality developments, as well as urban infrastructure and logistics. Founded in 2007 as Thao Dien Investment and officially rebranded as Masterise Group in 2019, Masterise Group sees real estate as more than buildings; it is the foundation for a nation’s future, providing infrastructure for connection, momentum for progress, elevated living and generational legacy. With a long-term vision, Masterise Group continuously pushes boundaries, creates sustainable value, elevates quality of life and contributes to strengthening Vietnam’s new era of growth and global ambition.
Masterise Homes is a member of Masterise Group and manages and develops all of the group’s residential real estate brands. As Vietnam’s pioneer in branded real estate development, Masterise Homes’ mission goes beyond delivering architectural landmarks with refined design and integrated amenities. Masterise Homes strives to craft comprehensive living spaces where residents experience a standard of living that goes beyond the basic function of a home.
Circle’s first-quarter results have sharpened investor focus on whether its planned Arc network can turn USDC’s growing scale into a broader valuation story beyond reserve income. The stablecoin issuer reported total revenue and reserve income of $694 million for the first quarter of 2026, up 20 per cent from a year earlier, while USDC in circulation reached $77 billion at quarter-end. The operating picture, however, was more […]
Arabian Post Staff -Dubai Nisus Finance Services Co Limited has announced a strategic push into the UAE construction market through New Consolidated Construction Company Limited, positioning the newly acquired contractor as a regional platform for infrastructure, real estate and specialised asset delivery across the Gulf. The move brings NCCCL into one of the region’s busiest project markets, where construction, transport, utilities, housing and technology-led infrastructure continue to […]