A publicly released exploit for a critical cPanel and WebHost Manager flaw has intensified pressure on hosting companies and website operators after monitoring groups reported tens of thousands of likely compromised internet-facing systems. The vulnerability, tracked as CVE-2026-41940, allows unauthenticated attackers to bypass login controls and obtain administrative access to affected cPanel & WHM environments. The weakness carries a CVSS severity score of 9.8, placing it among […]
By K Raveendran Election-season restraint on fuel pricing is giving way to a harsher economic reality, and Indian consumers are likely to feel the impact first through the everyday costs that rarely appear as headline inflation until they have already entered household budgets. Petrol, diesel and cooking fuel are not merely energy products in India; […]
BANGKOK, THAILAND – Media OutReach Newswire – 1 May 2026 – Prof. Dr. Yodchanan Wongsawat, Deputy Prime Minister and Minister of Higher Education, Science, Research and Innovation (MHESI), led the National Innovation Agency (Public Organization) or NIA, along with Thai Union Group PCL, Mahidol University, and leading corporate partners including Thai Beverage PLC, Nestlé (Thai) Ltd., and new partner Foodland Ventures from Taiwan, to launch “SPACE-F Year 7”. This is Thailand’s first global foodtech startup incubator and accelerator program, continuing the success of solving food industry challenges through sustainable innovation.
SPACE-F Batch 7
Prof. Dr. Yodchanan spoke about elevating “SPACE-F Batch 7” to the policy level and building awareness, stating that MHESI aims to present food innovation products from the startups in this batch at the upcoming Cabinet meeting. This will allow the Prime Minister to taste them, raising awareness that FoodTech is the nation’s new future. The products will be presented to the Cabinet in the next two weeks.
Regarding the core concept of combining technology with “Thai taste,” Prof. Dr. Yodchanan emphasized that no matter how advanced the technology is, it must maintain the “Nice taste of Thailand.” He cited a “high-tech omelet” he previously tasted as an example, noting that there is still room for improvement to make it taste closer to an authentic Thai omelet so that the technology can truly win over consumers’ hearts.
The MHESI Minister continued that regarding food innovation under the Wellness Economy, this year focuses on using the Wellness Economy as a New Growth Engine. This is not limited strictly to food but includes AI, ICT, and software, aiming to push Thailand into a global Wellness Tourism Hub with support from the BOI in connecting investment opportunities.
Prof. Dr. Yodchanan further stated that regarding the use of biodiversity and quality ingredients (Biodiversity & GI), startups will be encouraged to utilize Thailand’s rich biodiversity and GI products as substitutes for imported raw materials. This will help reduce costs and create a unique identity.
“As for connecting the ‘Thinker’ with the ‘Doer,’ this program emphasizes linking startups with large industrial corporations and investors. This helps startups in the Accelerator group advance toward Series A or B funding, while helping the Incubator group learn business and pitching experiences from their seniors to cross the business ‘Death Valley.’ Furthermore, regarding food and nutrition security in the era of war: in the current global conditions facing wartime situations, Food Security and Nutrition Security are vital. This program is an opportunity for startups to create innovations that help solve problems for the whole world, with the government working closely with SPACE-F to create new services and products,” the MHESI Minister said.
However, “SPACE-F Batch 7” features 20 participating startups from 10 countries, focusing on the Proof of Concept (POC) strategy to ensure they can tangibly grow toward commercialization on an international scale.
Dr. Krithpaka Boonfueng, Executive Director of the National Innovation Agency (NIA), stated that NIA aims to strengthen the potential of startups and innovative entrepreneurs to overcome business crises and grow commercially in a tangible way. Over the past 6 years, the SPACE-F program has concretely reinforced its role as a regional food innovation hub by incubating and accelerating over 100 startups from 18 countries worldwide, generating a total funding value of over 5.1 billion THB. For the SPACE-F Year 7 program, it marks another major milestone of leapfrog growth, setting a new international record with an all-time high of 204 applicants, continuously increasing from 156 in Cohort 6 and 148 in Cohort 2, reflecting the confidence of global startups in the program’s potential. Concurrently, the program has significantly expanded its international reach, with applicants from 57 countries worldwide, up from 34 countries in the previous cohort, affirming that SPACE-F is a truly global platform connecting and driving world food innovation.
“The SPACE-F program is considered a vital mechanism in driving the development of a strong and comprehensive foodtech startup ecosystem by systematically connecting knowledge, technology, and the industrial sector together. Particularly, it provides opportunities for startups to co-develop and test real products (Proof of Concept: POC) with large corporate partners, as well as access expert networks and world-class infrastructure. This includes testing protein innovations focused on appearance, freshness, and taste with Thai Union; developing modern health and nutrition solutions with ThaiBev and Nestlé; utilizing deep-tech research laboratories from Mahidol University; and enhancing fundraising capabilities from Foodland Ventures, which plays a crucial role in reducing business risks and effectively increasing the chances of commercialization. For SPACE-F Year 7, it aims to elevate startup development through 2 main programs: the Incubator Program, which focuses on laying business foundations and developing prototypes into market-ready products, and the Accelerator Program, which focuses on accelerating business expansion through connections with strategic partners and investors. This covers 7 key areas of the food industry: 1) Personalized Nutrition, 2) Future Protein, 3) Circular Food Systems, 4) Smart Manufacturing, 5) Sustainable Production, 6) Food Safety, and 7) Novel Consumer Experience, to build high-potential startups capable of developing quality new products that directly meet market demands, ready to compete and grow sustainably on the global stage.”
Ms. Sirichit Jiraruangkiat, Senior Director – Group Innovation at Thai Union Group PCL, revealed, “As a co-founding partner of the SPACE-F program, Thai Union Group PCL continues to drive the development of Thailand’s foodtech startup ecosystem. We aim to support breakthrough growth by promoting the development and testing of innovations at the industrial level, particularly through the Proof of Concept (POC) process, to elevate the standards of future protein products to compete internationally. Thai Union prioritizes the application of modern food production and preservation technologies, covering everything from maintaining product quality and freshness and developing appealing appearances to sensory research to create textures and flavors that effectively meet the demands of global consumers. Simultaneously, the SPACE-F program remains committed to a ‘No Equity Taken’ approach, allowing startups to retain full ownership of their innovations, maintain business agility, and grow independently and sustainably in the long term.”
Assoc. Prof. Dr. Pasit Pakawatpanurut, Deputy Dean for Research and Innovation, Faculty of Science, Mahidol University, further added, “With expertise in food science, nutrition, biotechnology, and related fields, Mahidol University serves as an academic powerhouse and innovation infrastructure, providing startups with access to advanced laboratories, pilot plants, and modern research equipment. They also receive in-depth consultation from a team of expert researchers to successfully transition research into products that truly meet global market demands (Lab-to-Market). This collaboration is therefore a key mechanism in driving sustainable food innovation and enhancing Thailand’s competitiveness as a global foodtech hub. Mahidol University’s involvement in the SPACE-F program also plays a vital role in strengthening the country’s foodtech startup ecosystem in the long run.”
In addition, another key partner is Thai Beverage Public Company Limited, which places great importance on continuous research and development, believing it to be essential for startups. As a sponsor of the SPACE-F program, they are pleased to be part of an ecosystem that enhances the potential of foodtech startups and provides business and technological guidance to help startups discover solutions that truly meet the needs of the global food market.
Ms. Jenica Conde Cruz, Business Manager – Cereal Partners Worldwide & Incubator at Nestlé (Thai) Ltd., also stated, “Nestlé, a global leader in food and beverages, plays a vital role as a strategic partner of the SPACE-F program. We aim to elevate foodtech startups through the transfer of Research & Development (R&D) knowledge and product development experience under the ‘Good food, Good life’ concept. Nestlé also provides in-depth consultation to support the development of products that meet Nutrition, Health, and Wellness needs, while promoting the use of innovation to tackle global food industry challenges. In parallel, Nestlé also drives the development of innovations that align with sustainability goals by opening opportunities for startups to learn together with experts from our global research center network, in areas of food preservation technology, eco-friendly packaging, and responsible sourcing.”
Victor Chen, CEO of Foodland Ventures Co. closed with, “Foodland Ventures, a leading Venture Capital firm and Accelerator from Taiwan, has joined as a strategic partner in the SPACE-F program to push foodtech startups to expand their businesses into international markets. We aim to act as a bridge connecting innovation from Taiwan with food industry networks in Thailand and Southeast Asia. With expertise in key technologies such as Restaurant Automation, Alternative Protein, and Smart Supply Chain, Foodland Ventures is ready to support startups through access to the Taiwanese market and resources, providing investment and business strategy consultation, and connecting them with the industrial sector to test solutions in real-world environments. This collaboration marks a significant step in building a ‘FoodTech Corridor’ between Thailand and Taiwan to elevate startup potential and drive the food industry toward a sustainable global future.”
The “SPACE-F Year 7” program also introduced 20 startups from 10 countries worldwide: South Korea, Spain, Canada, USA/Argentina, Australia, Singapore, UK, Saudi Arabia, Taiwan, and Thailand, selected for this year’s program. All will have the opportunity to co-develop and test real innovations with leading industry partners, covering product development, industrial-level testing, and commercialization in the real market
Such collaboration is a key highlight of the program, providing startups the opportunity to test technology and innovations in real-world environments, reducing development limitations, and increasing the chances of creating business models that accurately meet market demands.
10 FoodTech Startups Joining the Accelerator Program
Terra Bioindustries Inc (Canada): Upcycles agricultural and food industry waste into high-value ingredients such as sugar, protein, and fiber for use in the food, biotech, and chemical industries.
Nucaps (Spain): Develops functional protein ingredients using microencapsulation technology to wrap active substances and probiotics, enhancing nutritional value, reducing costs, and improving taste to effectively promote consumer health.
BeNatureBioLab (South Korea): Develops functional ingredients using nano and microencapsulation technology from natural proteins to wrap active substances and probiotics, increasing the stability, absorption, and efficiency of substances in food, supplements, and health products.
Kinava (South Korea): Converts food waste into biofertilizer, biochar, and biogas within hours using HydroThermal Carbonization (HTC) technology, which reduces odor, energy use, and emissions.
ComexSoft (Spain): A near real-time market intelligence platform that collects and organizes retail data, matching similar products specifically developed for accurate decision-making.
PROTINOS (Thailand): High-protein noodles made from egg whites and soybeans containing complete essential amino acids, created using enzyme incubation techniques, serving as food to help care for and protect health.
SicPama (South Korea): A QR ordering and payment platform with a CRM system that links social media with actual service usage and repeat visits, helping restaurants measure returns and increase revenue.
Nourish Ingredients (Australia): High-performance animal-free fats created via precision fermentation to solve the taste and texture issues of plant-based alternative foods by mimicking the key fats found in meat and dairy products.
Kresko RNAtech (USA/Argentina): Nutrients from biological RNA found in natural foods, developed by AI and biotechnology to be more stable and better absorbed, for use in dietary supplements and health products.
Agrifreeze (Singapore): Develops freezing technology using Electromagnetic Fields (EMF) to control the formation of small ice crystals, reducing food damage and maintaining quality close to fresh products.
10 FoodTech Startups Joining the Incubator Program
Eatwellconcept (Thailand): An AI-powered personalized therapeutic diet platform for NCD patients, offering real-time nutritional guidance by dietitians to improve health and quality of life.
AmaranthLab (UK): Protein ingredients from amaranth for GLP-1 (Glucagon-Like Peptide-1) nutrition to control blood sugar levels and satiety, for use in various functional food products.
Openfarming (Saudi Arabia): An AI operating system for food distributors that converts orders from multiple channels into real-time data, enabling automated demand forecasting and dynamic inventory management without changing existing workflows.
Zuppar Reborn (Thailand): Biodegradable fruit and bakery stickers made from pineapple waste, replacing plastic labels with an alternative that can decompose into fertilizer.
VeriPura (Thailand/Singapore): An AI and Blockchain platform for automated document management and product traceability, making food exports to Europe easier and more compliant with regulations (EU).
YiXingYuan (Taiwan): A modular small-scale fruit processing factory (Factory-in-a-box) utilizing High Voltage Electric Field (HVEF) technology to process fruits directly at the source, preserving product quality while reducing energy use, costs, and spoilage.
JOLA (Thailand): Vitamin-infused jelly pet food that develops DIY treat products, such as jellies for dogs and cats, focusing on natural ingredients, good nutrition, and creating a shared experience between owners and pets.
UPLI (UK): A precision fermentation platform to create functional proteins with characteristics similar to human breast milk, used to increase nutritional value in food at an industrial scale.
Emerald Plast (Thailand): Biodegradable food materials and packaging made from starch and bioplastics to replace traditional plastics, reducing environmental impact and enhancing sustainability image.
Squizify (Thailand): A digital food safety platform integrating software and IoT devices to automatically track, monitor, and manage food business standards, complete with real-time data analysis.
Vermont farmer Anne O’Connor expected two lambs from Teemu, a Finnsheep at Clover & Bee Farm in Underhill. Instead, the ewe delivered six healthy lambs, turning an ordinary spring lambing into an unusually large birth for the small wool-focused farm. The sextuplets arrived earlier this month after a check-up had suggested Teemu was carrying twins. O’Connor, who runs the farm with her husband, Gunnar, had suspected the […]
Attackers are shifting credential theft campaigns towards QR codes, fake CAPTCHA pages and ClickFix-style prompts, turning familiar security checks into tools for large-scale account compromise. Fresh threat telemetry for the first quarter of 2026 shows email-based phishing remains vast in scale, with about 8.3 billion threats detected between January and March. Although monthly volumes eased from 2.9 billion in January to 2.6 billion in March, the composition […]
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By Dr. Gyan Pathak The theme of May Day 2026 focuses on “Ensuring a Healthy Psychosocial Working Environment” which reminds us how the working environment has deteriorated in recent times. In India, the recent workers unrests in April in Noida and the states in the National Capital Regions, show it. Protesting workers demanded chiefly two […]
America’s four largest AI spenders are pushing capital outlays towards a record level this year, betting that demand for computing power will justify one of the most expensive investment cycles in corporate history. Microsoft, Amazon, Alphabet and Meta are preparing to spend roughly $680 billion to more than $700 billion on data centres, chips, servers, networking equipment and related infrastructure in 2026, after quarterly earnings showed […]
Global internet reliability came under sharper pressure in the first quarter of 2026 as shutdowns, war damage, power failures and cable incidents disrupted connectivity across several regions, exposing a widening risk for enterprises that depend on cloud platforms, cross-border data flows and always-on digital services. Cloudflare’s review of disruptions from January to March showed that the most damaging incidents were not dominated by software faults alone. Political […]
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Samsung’s next free Android upgrade is set to sharpen security controls on Galaxy phones, even as some owners of flagship models complain of battery drain, overheating and shorter screen-on time after April software patches. One UI 8.5, Samsung’s Android 16-based interface, is expected to expand a package of privacy and anti-theft protections across supported Galaxy devices after debuting on the Galaxy S26 series. The update is expected […]
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KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 1 May 2026 – One issue has long persisted across the lingerie industry: most women are wearing the wrong bra size without realising it, often for years at a time. To address this gap, XIXILI’s 3D Avatar Try-On Tool brings the precision of an in-store fitting into the home, combining technology with the personalised guidance women have traditionally only been able to access in person.
XIXILI 3D Avatar fitting feature and the typical lifestyle of a woman seeking a comfortable fit.
A Problem Hiding in Plain Sight
Bra fit is one of the most overlooked aspects of everyday wellness. Many women buy from memory rather than measurement, reordering the same size out of habit even as their bodies naturally change. Weight shifts, hormonal cycles, pregnancy, and age all influence fit, yet these changes rarely prompt a fresh measurement.
Part of the reason the problem persists is that there is no natural moment to recheck. Unlike shoe size or clothing size, which get reassessed with every new purchase, bras are often bought in the same style and size across entire life stages, with the original fitting, if there ever was one, long forgotten. The consequences build up slowly, contributing to back, neck, and shoulder strain, skin chafing, and a quiet shift in posture over the years. Where Technology Meets the Tape Measure
XIXILI’s 3D Avatar Try-On Tool was developed to close exactly this gap. Using it is straightforward. Women enter a few key details, including height, bust size, hip size, and body shape, and the tool builds a personalised 3D avatar that mirrors their proportions. Any bra or panty in the XIXILI range can then be virtually fitted onto the avatar, turning sizing into something women can see, rather than guess.
“Women often come to us convinced they need a different cup size, when the real issue is that no one has ever measured them properly,” says Tara Tan, Marketing Director at XIXILI. “The 3D Avatar Tool was built to give every woman that kind of guidance, whether she is in our boutique or shopping from her sofa.”
For women who want to start with the basics, learning how to measure bra size at home is the first step. XIXILI’s bra size chart walks women through the two measurements that matter, the underbust and the topbust, before they step into the avatar experience. A Small Shift With a Lasting Difference
The difference a correctly fitted bra makes is felt from the moment it is worn. Clothes sit better, shoulders ease back, and the low-level discomfort many women have learned to live with simply falls away. By placing fitting expertise into the hands of every shopper, XIXILI is making that shift more accessible than ever.
For more information and to explore XIXILI’s full collection, visit www.xixili-intimates.com. Hashtag: #XIXILI #MYLingerie
The issuer is solely responsible for the content of this announcement.
About XIXILI
A homegrown Malaysian brand, XIXILI offers beautiful fashion lingerie and shapewear in Malaysia that prioritises fit and comfort. With an extensive range of bra sizes from A to I and bands 65 to 110cm, XIXILI caters to women of all shapes and sizes. Expert fitters are dedicated to helping each customer find the perfect bra, boosting confidence and enhancing silhouettes.
XIXILI became the first Malaysian lingerie brand to introduce a Try-On in 3D avatar tool, allowing customers to virtually try on XIXILI lingerie using a 3D avatar tailored to their specific body type and measurements. Whether for everyday wear or something special, XIXILI ensures women always look and feel amazing.
A malicious npm dependency slipped into an AI-assisted crypto trading project has exposed how automated coding tools can be manipulated into importing software that steals credentials, wallet data and source code. The campaign, named PromptMink by security researchers, centres on the npm package @validate-sdk/v2, which presents itself as a utility for hashing, validation, encoding, decoding and random generation. Its actual function is to harvest secrets from infected […]
By Nitya Chakraborty Just two weeks before the scheduled summit of U.S President Donald Trump with the Chinese President Xi Jinping in Beijing on May 14-15, the report of the World Intellectual Property Organisation (WIPO) on the status of AI related applications, has unnerved the U.S. administration as the latest Chinese supremacy in robot related […]
With Leisure Plus, Redefining Hong Kong’s Bathroom Experience Through AI Smart Toilets and Bathroom Cabinets for a New Era of Intelligent Living
HONG KONG SAR – Media OutReach Newswire – 30 April 2026 – As urban life in Hong Kong places growing emphasis on efficiency, health and space utilisation, a truly future-facing bathroom brand has officially arrived. Leisure Plus Building Products Company Limited, which has been rooted in Hong Kong for nearly three decades, has officially announced its appointment as the Hong Kong sole agent for global bathroom leader JOMOO. Together, the two companies are bringing world-renowned premium smart bathroom products to the Hong Kong market, using JOMOO’s leading AI-powered digital technology to deliver innovative bathroom solutions tailored to the city’s unique living environment. This partnership not only marks the arrival of a heavyweight international brand in Hong Kong’s bathroom market, but also signals a new AI-driven era for local homes and commercial spaces.
For Hong Kong people, the bathroom has never been a purely functional space. Within a limited footprint, it carries cleansing, grooming, care, storage, and the rhythm of how each day begins and ends. Space is compact, humidity is high, storage must be efficient, and expectations for the user experience keep rising. JOMOO’s arrival in Hong Kong answers the city’s pursuit of efficiency, comfort, health and aesthetics with world-leading AI bathroom technology. The brand is also introducing several smart toilets and innovative bathroom mirror cabinets for their Hong Kong debut, showing how bathroom AI can move from concept into daily life and become a real part of improving everyday living.
Leisure Plus Building Products said: “Bringing JOMOO to Hong Kong reflects Leisure Plus’s deep insight into the future of living. We see Hong Kong’s premium bathroom market moving beyond traditional hardware into a new stage that combines smart technology, health management, space integration and sensory experience. By partnering with JOMOO, Leisure Plus is bringing globally leading AI smart bathroom technology to Hong Kong, not only adding an international-calibre brand to the market, but also redefining daily life through technology, enabling the bathroom to evolve from a single-function space into a core living space that delivers comfort, efficiency and wellness value.”
JOMOO: Reshaping the Bathroom Experience with AI and Unrivalled Global Leadership
Founded in 1990, JOMOO has long ranked No.1 in China’s bathroom industry and among the world’s top three. With technology-driven bathroom living at its core, the brand combines R&D, intelligent manufacturing and innovative design, and is committed to redefining premium living through AI. As the pioneer behind the “AI BATH” scene-based brand, JOMOO breaks away from conventional product thinking with pioneering motorised flip-and-discharge cleansing technology that significantly improves performance while achieving library-level quietness. Combined with AI robotic self-cleaning and contact-free health sensing technologies, it deeply integrates artificial intelligence, biosensing and everyday bathroom use, delivering more proactive and thoughtful health support for users.
In this high-profile move into Hong Kong, JOMOO is guided by the strategy “Tech Bathroom, Global JOMOO”, bringing not only products but also a lifestyle upgrade powered by AI. Tailored to Hong Kong’s compact and humid living environment, the brand offers smart, space-saving and health-enhancing bathroom solutions, helping lift the overall standard of bathroom living in the city.
From Smart Toilets to Bathroom Cabinets: A Powerful New AI Bathroom Lineup Arrives in Hong Kong
G06 and G08 Smart Digital Toilets
In Hong Kong’s space-constrained homes, bathroom spaces often face multiple challenges, including limited room, humidity and restricted functionality. Tailored specifically for Hong Kong homes, JOMOO is introducing two flagship smart toilets and one smart bathroom cabinet that use AI-powered digital technology to resolve the tension between space and functionality in one stroke, bringing consumers a world-leading premium smart bathroom experience. The G06 Smart Digital Toilet is an entry choice that balances intelligence, comfort and practicality, while the G08 Smart Digital Toilet comes with an upgraded digital display and a more comprehensive smart feature set, taking comfort, convenience and technology to a new level.
To address the common problem of compact bathrooms in Hong Kong, both products are equipped with features such as “triple foot-sensing control”, “smart wireless control” and “auto-flush on departure”. Users do not need to twist sideways or make unnecessary movements, and can enjoy a freer, smoother toilet experience even in narrower bathroom spaces. With an IPX4 water-resistance rating, the products also handle Hong Kong’s humid environment with ease, delivering reassurance and durability in everyday use.
Product highlights: – Triple foot-sensing control with automatic lid opening for elegant use even in narrow spaces – AI smart temperature sensing and adjustment for lasting comfort – High-definition digital display showing water and seat temperature at a glance – Multiple cleansing modes with antibacterial nozzle and warm-air drying system – Soft-glow night light and backup flushing during power outages – IPX4 high-efficiency water resistance for humid environments
Pricing: – G06 Smart Digital Toilet: Original price HK$5,980; promotional price HK$4,980
– G08 Smart Digital Toilet: Original price HK$8,580; promotional price HK$5,980
Revolutionary Smart Bathroom Cabinet: VERA Jinci Series
Addressing the core issue of limited bathroom space in Hong Kong’s mainstream residential developments, JOMOO will soon launch the suspended VERA Jinci Series Smart Bathroom Cabinet. Powered by AI technology, it integrates three major functions – beauty-product preservation, dedicated wash care, and smart mirror features – so that every inch of space delivers greater value and daily routines become more precise, smoother and more relaxed, completely reinventing the bathroom experience.
Product highlights: – 998x532x1900mm suspended golden-ratio structure with zero hygiene blind spots – Built-in cosmetics fridge with AI-controlled constant temperature and humidity for skincare freshness – Built-in 0.8kg mini drum washer with six cleansing modes tailored for small items – Mirror with touch-control natural-light ambience and one-touch defogging – High colour-rendering mirror for true-to-tone makeup application – Moisture-resistant eco solid-wood body suited to Hong Kong’s maritime climate
The VERA Jinci Series Smart Bathroom Cabinet is scheduled to officially launch in Hong Kong in mid-2026. Consumers will be able to experience its intelligent features firsthand at JOMOO’s Hong Kong experience store. (Price to be announced)
The issuer is solely responsible for the content of this announcement.
About Leisure Plus Building Products Company Limited
Established in 1997, Leisure Plus specialises in building products and design solutions for developers, architects and designers. Its services cover the supply of bathroom and kitchen equipment, design consultancy, logistics, technical support and installation. Since entering Mainland China in 2003, the company has established subsidiaries in Shanghai and Hubei and participated in a number of landmark projects, including Vanke Zhongxing Road No.1, Shanghai Sheshan Shimao InterContinental Hotel and Wuhan Tianhe Airport Terminal 3. This sole-agency partnership with JOMOO reflects Leisure Plus’s forward-looking vision: embracing the smart home wave, understanding Hong Kong people’s living needs, and combining its extensive project experience with world-class smart bathroom technology to further enhance living quality and health experiences. (Website: https://leisureplushk.com/)
About JOMOO
Founded in 1990, JOMOO is an international fully integrated enterprise centred on smart digital bathroom solutions, firmly holding a leading global position as “No.1 in China, Top 3 in the World”. The brand has been jointly certified by Frost & Sullivan and Euromonitor as both the “World’s No.1 Smart Toilet Brand by Sales Volume” and the “No.1 Smart Toilet Brand in China”. It operates 16 R&D centres and 15 green lights-out factories worldwide, has accumulated more than 20,000 patents, and invests over 10% of annual sales revenue in R&D, continuously driving the intelligent transformation of the global bathroom industry. Its design strength has earned repeated international recognition, including the Red Dot: Best of the Best and the iF Design Award. JOMOO products are sold in more than 120 countries and regions and are installed in over 300 global landmark projects, including Emirates Palace Abu Dhabi, Burj Al Arab Dubai, The Peninsula Hong Kong and Beijing National Stadium (Bird’s Nest). JOMOO’s arrival in Hong Kong not only expands its global footprint, but also brings the market a new bathroom benchmark defined by technology, scenario-driven design and premium lifestyle quality. (Website: https://www.ejomoo.com.hk/)
Porsche Design Tower Bangkok has intensified competition in Southeast Asia’s branded residence market after being presented to global yacht collectors at the Singapore Yachting Festival 2026 as a limited-edition property aimed at ultra-high-net-worth buyers seeking design pedigree, privacy and collectible real estate.
The 21-storey tower, rising 95 metres on Sukhumvit 38 in Bangkok’s Thonglor district, is being developed through a collaboration between Porsche Design and Ananda Development. It is the first Porsche Design Tower in Asia and the third worldwide after projects linked to Miami and Stuttgart, placing Bangkok within a small group of cities being used by luxury lifestyle brands to extend their reach beyond products and into residential property.
The project will comprise only 22 duplex and quadplex Sky Villas, with residences ranging from about 525 to 1,135 square metres. Prices have been positioned from about $15 million to $40 million, making the development one of the most expensive residential offerings in Thailand’s capital. Construction is scheduled to begin before completion targeted for the end of 2028, while the show suite in Bangkok is available by private appointment.
The presentation in Singapore marked a sharper effort to reach buyers whose interests overlap with luxury mobility, yachting, design and private collections. Rather than selling the tower as a conventional condominium, the marketing places it in the category of a scarce lifestyle asset. That approach reflects a wider shift in luxury property, where affluent buyers are increasingly drawn to homes that combine brand identity, service standards, security and membership-like exclusivity.
A defining feature of the Bangkok tower is the “Passion Space” concept, a private garage and display area attached to each residence. These spaces are designed for car collections, private gatherings or personal pursuits, and are accessed through a central spiral car ramp known as “The Loop”. The arrangement gives the building its most distinctive automotive link, turning the owner’s vehicle collection into part of the residential experience rather than a separate amenity.
The tower’s design also draws on Porsche cues. Its automated terrace system is inspired by the movement of the Porsche 911 Targa roof, while the exposed “X-Frame” structure takes references from the Mission R concept car. A lit crown at the top of the building is intended to create a night-time signature on Bangkok’s skyline. The interior proposition includes private lifts, large entertainment areas, wellness zones, pools and high-end kitchen and bathroom fittings.
Chanond Ruangkritya, president and chief executive of Ananda Development, has positioned the tower as a project that embeds Porsche’s design language into the structure rather than merely attaching a name to a luxury address. The developer is betting that a small pool of regional and international buyers will pay a premium for scarcity, brand association and the ability to personalise large-scale residences in a prime district.
Bangkok provides a strong setting for that strategy. Thonglor remains one of the capital’s most established luxury neighbourhoods, with restaurants, retail, wellness services and transport links that appeal to wealthy local residents, expatriates and regional buyers. The city has also become an important hub for branded residences, helped by tourism, medical services, international schools and its role as a base for high-net-worth families across Asia.
The project arrives as Thailand’s luxury property market shows a split trend. Mass-market condominium developers have faced weaker purchasing power, tighter lending and slower absorption, while the highest end of the market has remained more resilient because buyers are less dependent on mortgages. Limited freehold land in central Bangkok, rising construction costs and demand for larger, service-rich homes have supported pricing in prime locations.
The ultra-luxury segment, however, is not without risk. A 22-unit tower reduces supply pressure but also narrows the buyer base sharply. Sales depend on a small number of wealthy purchasers who must accept not only high upfront prices but also long-term maintenance costs associated with specialised amenities, private garages and brand-level service expectations. Foreign ownership limits for condominiums in Thailand also restrict the share available to non-Thai buyers.
Arabian Post Staff -Dubai Damac International has launched Harir Residences inside its Damac Hills Baghdad master community, adding twin premium residential towers to a capital city property market increasingly shaped by private developers, affluent buyers and demand for planned urban living. The project comprises two 12-storey towers with 210 apartments, offering one-, two- and three-bedroom units. The towers are positioned within a larger community near Baghdad International […]
Having led 100+ Hong Kong tech firms to SE Asia over the past year, accelerating global expansion through strategic collaboration
HONG KONG SAR – Media OutReach Newswire – 30 April 2026 – Hong Kong Science and Technology Parks Corporation continues to deepen its innovation and technology (I&T) collaboration with Southeast Asia, actively playing an orchestrating role in supporting Hong Kong’s tech firms go global. HKSTP debuted as an official exhibitor at Southeast Asia’s largest public safety conference, Milipol TechX Summit 2026 (MTX 2026). Under the theme “Supercharging Innovation for Our Safer Tomorrow”, MTX 2026 is a strategic platform to advance business opportunities through government-backed collaboration. HKSTP showcased 10 park companies presenting breakthrough public safety solutions and signed a Memorandum of Understanding (MoU) with Singapore’s TechX Ventures (TechX, a private subsidiary by the HTX – Home Team Science and Technology Agency of Singapore) — HKSTP’s first MoU signed with an organization in Southeast Asia — establishing a structured framework to advance cross-border innovation partnerships focused on practical applications in public safety.
HKSTP debuted as an official exhibitor at Southeast Asia’s largest public safety conference, Milipol TechX Summit 2026 (MTX 2026). Eric Or, Chief Ecosystem Development Officer and Gladys Oon, Director of Partnerships and Account Management of HKSTP, officiated the opening of HKSTP Pavilion.
Singapore and Hong Kong share a substantive relationship, grounded in regular high-level engagement. These include the Prime Minister of Singapore’s official visit to Hong Kong last month, during which he met with the Chief Executive of the Hong Kong Special Administrative Region and visited the Hong Kong Park of the Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone (the Hong Kong Park in the Loop). The I&T connection also features HKSTP-led delegations to Singapore platforms such as Singapore Week of Innovation and Technology (SWITCH) and SLINGSHOT 2025, etc. Over the past year, more than 100 HKSTP park companies explored Southeast Asian opportunities, securing over HK$25 million in confirmed business deals with additional potential contracts exceeding HK$20 million directly supported by HKSTP.
Eric Or, Chief Ecosystem Development Officer, HKSTP, said, “At HKSTP, we enable innovators to solve real public safety challenges where trust and demonstrated results matter most. Collaborating with TechX and Singapore’s Public Safety ecosystem gives ventures faster access to decision-makers, enables solution testing in operational environments, and supports scaling validated technologies across Asia.”
Eric Chua, Chief Executive Officer, TechX Ventures said: “SPINN District was designed to be more than a startup village — it is a proving ground where bold founders showcase innovations that matter. Seeing HKSTP’s park companies engage meaningfully with the global public safety ecosystem at MTX 2026 reflects exactly the kind of cross-border momentum we built this platform for. This MoU marks the beginning of something lasting: a structured pipeline that turns innovation into operational impact, as we work together to build a safer world.”
The collaboration between HKSTP and TechX is aimed to establish a comprehensive framework to identify, co-create, and validate operational public safety solutions. Under the partnership, HKSTP and its counterparts will move from identified needs to real deployment through annual solution scouting visits to Hong Kong Science Park, funding of around HK$600,000 (S$100,000) per company for proof-of-concept trials with Singapore Public Safety experts, and an ongoing exchange of challenges and insights. This demand-led model accelerates problem-solution fit and reinforces HKSTP’s leadership in regional safety technology collaboration.
The HKSTP Pavilion, themed “Hong Kong’s Technology for Public Safety and Security — Global Application and Global Impact,” featured 10 park companies showcasing solutions proven in deployments across Hong Kong enforcement departments, the Greater Bay Area, and Singapore-related projects. Cutting-edge public safety technologies were showcased across AI-Driven & Robotics, Network & Communications Infrastructure, and Drones, Unmanned Aerial Vehicle (UAV) & Low-altitude Economy (LAE). MTX is the largest public safety conference in Southeast Asia, the HKSTP pavilion is strategically positioned within the startup-centric SPINN District, effectively facilitated targeted engagements, secured curated matching opportunities with Singapore government agencies for each participating company, and advanced pilot projects and partnerships.
Park companies eSIX and Weitu AI participated in the signature global innovation challenge Dimension X Cohort 6 and the inaugural cohort of the In-Beta tech verification capability programme organized by Hatch, the innovation centre of Singapore’s HTX, achieving significant success. These companies were the only Hong Kong representatives selected for the programmes, underscoring the global competitiveness and real-world impact of Hong Kong’s innovation ecosystem. eSIX, which delivers patented high-speed networking for Industrial IoT and 5G-enabled remote machine control, was awarded a place at Dimension X. The company received S$100,000 in prize money to complete a four-month proof-of-concept and was invited to showcase its solutions. Weitu AI, which provides world-leading multimodal video understanding for fast, accurate analysis across industries was awarded a place at In-Beta, received S$30,000 in prize money with opportunities to verify their promising tech through rapid experimentation and onsite demo.
Building on existing engagement across the region, HKSTP will continue to strengthen collaboration with regional partners, expand support for park companies, and promote technology‑driven solutions that enhance safety and resilience. The initiative reflects HKSTP’s ongoing commitment to fostering sustained innovation and regional cooperation.
Hashtag: #HKSTP
The issuer is solely responsible for the content of this announcement.
About Hong Kong Science and Technology Parks Corporation
Hong Kong Science and Technology Parks Corporation (HKSTP), established in 2001, has built a thriving innovation and technology (I&T) ecosystem in Hong Kong, supporting 12 unicorns, nurturing over 17,000 research talents, and hosting more than 2,500 technology companies from 26 countries and regions specializing in biomedicine, AI and robotics, fintech, and smart city development. HKSTP is dedicated to positioning Hong Kong as an international I&T hub.
To align with Hong Kong’s future development, HKSTP is committed to attracting and cultivating I&T talent, accelerating the commercialization of innovative outcomes, and providing comprehensive support for technology companies and professionals on their innovation journey. Its vibrant I&T ecosystem continues to grow, encompassing Hong Kong Science Park in Pak Shek Kok, InnoCentre in Kowloon Tong, and three InnoParks in Tai Po, Yuen Long, and Tseung Kwan O. These facilities drive advancements in applied technology, focusing on industries such as advanced manufacturing, micro- electronics, and biotechnology, steering Hong Kong toward new industrialization.
Hong Kong Science Park Shenzhen Branch, located in Futian, Shenzhen, leverages the strategic advantage of “support of the Motherland, connecting to the world.” It serves as a bridge for “bringing in and going global,” actively fostering cross-border I&T collaboration. The Shenzhen Branch supports global technology companies and professionals by providing research and collaboration spaces, with a focus on enterprises in seven key sectors: Medtech, big data and AI, robotics, new materials, microelectronics, fintech, and sustainable development.
HKSTP is dedicated to advancing Hong Kong’s I&T development by providing research infrastructure, startup and enterprise support services, professional investment and business expertise, fostering partnership networks, and attracting top talent. These efforts drive innovation as a new engine for economic growth for Hong Kong.
More information about HKSTP is available at www.hkstp.org.
About TechX Ventures
TechX Ventures is a wholly owned subsidiary of Singapore’s Home Team Science & Technology Agency (HTX) that operates at the intersection of government mandate and entrepreneurial drive. TechX serves as the engine behind a thriving innovation ecosystem where cutting-edge science and technology are put to work protecting people.
At the heart of it, TechX is established to connect global innovators and partners in advancing public safety innovation. Guided by our Safer World philosophy — the belief that progress means nothing if it doesn’t safeguard public safety — TechX approaches safety not as a sector, but as a shared mission. This conviction shapes every partnership forged, every programme designed, and every measure of success. Safety, at TechX, is our purpose.
TechX delivers its mission through two core areas of expertise: to build and to connect. TechX designs and develops innovation initiatives and programmes alongside partners from across the globe, including flagship platforms such as HTX’s Innovation Centre, Hatch — a structured innovation centre that gives frontier deep-tech a clear pathway to validate and deploy solutions for real public safety challenges. TechX also bridges industry, startups, and government agencies into a global network, producing landmark events such as Millipol TechX, and bringing international communities like DEF CON® to Singapore for the first time.
With active partnerships spanning over 30 ecosystems globally — from Hong Kong to South Korea, and the United States, TechX sits at the heart of a growing worldwide alliance united by one ambition: Bringing Together a Safer World.
New strategy highlights synergy among Global Payment, Global Account and Inclusive and Embedded Finance services built on progress in AI and interoperability.
As a foundation to the business, Ant International’s global payment services support over 300 payment methods, including more than 10 national QR systems and 50 digital wallets and bank apps, and exceed 20 million daily transactions on average.
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 30 April 2026 – Ant International now connects over 150 million global merchants with more than 2 billion user accounts globally, the company disclosed at its flagship MoMents 2026 fintech executive forum in Kuala Lumpur, Malaysia.
Ant International CEO Peng Yang shares the company’s global strategy for the era of AI commerce
Ant International is a leading global digital payment, digitisation and financial technology provider. The company now supports 300+ payment methods in over 220 markets, including all card schemes, 50 mobile payment partners and more than 10 national QR systems, including Singapore’s SGQR, Malaysia’s DuitNow, South Korea’s ZeroPay, Thailand’s PromptPay, Indonesia’s QRIS, Sri Lanka’s LankaPay, and more. It recently onboarded more leading global e-wallets and bank apps such as iFAST Global Bank from the UK, KBank and SCB from Thailand, barq from Saudi Arabia and ShopeePay from Southeast Asia.
With an average of over 20 million transactions daily, Ant International is building broader market reach through new licenses and partnerships in Asia, Latin America and EMEA. In Vietnam, it partners with NAPAS and Vietcombank to roll out cross-border QR payment service, and is also working with the Ho Chi Minh City government on the development of an international financial centre. In Latin America, it formed a strategic partnership with Mexican fintech company R2 in late 2025, supporting the expansion of SME lending across the region. In the Middle East, Ant International collaborates with the Saudi Central Bank (SAMA) and national payment network mada, with plans to introduce Alipay+ cross-border QR payments in 2026. Its recent initiatives also include plans to roll out Islamic finance programs in Southeast Asia and other emerging markets.
While serving businesses in their global expansion, Ant International also ranks in first place in terms of the number of global accounts it has been managing for businesses, particularly SMEs, engaged in cross-border commerce.
“New models of financial interoperability and AI commerce give us powerful tools to help global giants as well as mom-and-pop shops to increase resilience and expand revenue streams,” said Peng Yang, CEO, Ant International. “A broader and deeper network means we can work with more partners on more levels to deliver more innovative, trusted, and high ROI fintech solutions in the world’s fastest growing markets.”
Layered solutions for enterprises, SMEs and emerging markets to achieve inclusive growth
Yang underlined a strategy to combine the forces of its four main businesses – Alipay+, Antom, Bettr and WorldFirst – to offer more connected growth solutions for businesses of all sizes.
Global payment: Making payments a growth engine for businesses of all sizes to thrive in the global digital economy.
Global account: Enabling AI-powered borderless global accounts for businesses of all sizes, and serving as the ticket to digital trade and commerce. This makes ‘born global’ a reality for all businesses from day one.
Strategic value boosters: Leveraging innovation and technology to deliver embedded financing, credit and treasury solutions that power inclusive growth.
Innovation and technology leadership: Grounded in extensive expertise in supporting global payments and businesses of all sizes, Ant International’s leading AI and blockchain solutions are co-developed with customers, partners and regulators to deliver real impact while ensuring security and compliance.
Go-to-market FinAI solutions for real-world problem solving
Working with top LLMs, card schemes and other fintechs, Ant International builds out FinAI capacities and solutions for merchants and financial institutions to tackle real-world growth and security challenges. Key examples include:
Agentic Mobile Protocol (AMP)
At MoMents 2026, Ant International has introduced the open-sourced AMP – the world’s first agentic payment framework designed for mobile interfaces – to help drive AI commerce. The protocol enables secure, AIOps-native agentic payment connection to mobile services including digital wallets, banking apps, super apps, and mobile portals from phones to wearable devices.
AI-as-a-Service Platform
Ant International’s AI-as-a-Service platform GenAI Cockpit equips fintech partners with tools to build a wide range of agentic solutions, from customer-service assistants to sales copilots. Malaysia’s leading e-wallet TNG eWallet, and easypaisa, Pakistan’s first digital bank, are using the platform to deliver better customer experiences with AI.
AI SHIELD
Ant International’s 3-in-1 risk management transformer maintains trust in the ecosystem by providing a robust security layer underpinning all transactions processed by the company. The model is supported by over 7 billion parameters, and combines graph, sequential and tabular data to identify high-risk transactions with over 95% precision, while improving payment success rates by up to 13.5%.
Falcon TST AI FX model
The industry-first MoE-based AI FX model makes long-term forecasts with prediction accuracy of up to 93%, leveraging over 8.5 billion parameters. Deployed internally at Ant International to manage cashflow and FX exposure on an hourly, daily and weekly basis, Falcon TST has helped to cut the company’s FX costs by up to 60%. The model was open-sourced in 2025 to expand access to its capabilities and invite collaboration to advance time-series learning.
EPOS360
A pioneering AI-powered SME app, EPOS360 integrates practical AI tools with POS system, payments, banking, financing and growth operations for small businesses. The suite of AI-powered tools and payment capabilities was launched in Singapore, and is also available to merchants in Malaysia as a mini-programme via TNG eWallet.
Antom Copilot
Antom Copilot provides automation and assistance for merchants based on learnings from real-world cases, improving efficiency of services such as chargeback dispute handling by up to 46%. Within a year of its launch, 72% of Antom-onboarded merchants completed self-service payment integration with the copilot.
At the MoMents 2026 fintech executive forum held in Kuala Lumpur, Malaysia, executives from global payment networks, banks, fintechs, tech companies, and governors came together to discuss the future of financial services in the era of AI commerce. Conversations focused on new forms of payment transformation, multi-layer global interoperability, super app evolution with AI-native tech, innovation of Islamic financing and initiatives around trust and security.
Ant International launched its Digital Business Center in Kuala Lumpur in 2024. Hashtag: #AntInternational
The issuer is solely responsible for the content of this announcement.
About Ant International
Ant International is a leading global digital payment, digitisation and financial technology provider. Through collaboration across the private and public sectors, our unified techfin platform supports financial institutions and merchants of all sizes to achieve inclusive growth through a comprehensive range of cutting-edge digital payment and financial services solutions. To learn more, please visit https://www.ant-intl.com/
Arabian Post Staff -Dubai Dubai has lowered a key entry barrier for property-linked residency, allowing sole owners of completed real estate to apply for a two-year visa without meeting the previous Dh750,000 minimum property value threshold. The revised criteria, published through the Dubai Land Department’s Cube platform, shift the visa framework away from a single asset-value test and towards ownership structure. Sole owners can now seek the […]
BEIJING, CHINA – Media OutReach Newswire – 29 April 2026 – Auto China 2026 officially opened in Beijing. Under the theme of “Commitment & Integrity,” GWM unveiled its comprehensive global localization strategy for the first time. Backed by a compelling product lineup and cutting-edge technology, the GWM booth quickly became one of the most talked-about highlights of the show.
Left — GWM ONE Platform; Center — GWM CEO Mu Feng Delivers Keynote Speechat Auto China 2026; Right — High-Performance V8
In his speech, GWM CEO Mu Feng emphasized that commitment and integrity are essential to accelerating high-quality growth. Guided by the GWM ONE (Guiyuan) philosophy, GWM continues to focus on real user needs, building solid product strength, technological excellence, and global brand value.
“Trust built on commitment and integrity is the strongest foundation in business,” Mu said. From a global perspective, he reaffirmed GWM’s commitment to deepening its roots in international markets, constructing a complete business ecosystem, and advancing what he called “ecosystem-based globalization.” Based on respect, long-term dedication, and genuine local cultivation, the company aims to forge lasting bonds of trust with users worldwide.
A Robust Portfolio Defining Elevated Product Excellence
At Auto China 2026, GWM showcased a comprehensive portfolio spanning six major lineups. From family SUVs to premium off-road vehicles, from urban commuting to long-distance motorcycle touring, the offerings are thoughtfully engineered to meet the diverse demands of today’s mainstream global consumers.
The WEY V9X is the first flagship model built on the GWM ONE S Platform. With its spacious six-seat layout, native AI agent, and Super Hi4 hybrid architecture, the V9X was developed not just for China, but as a global model for users worldwide.
The all-new TANK 700 made a strong impression with dual-flagship powertrain options: 3.0 Hi4-T and 2.0 Hi4-Z, making it the first body-on-frame model to integrate a VLA large model. The GWM P300 Hi4-T adopts the Hi4-T hardcore off-road super hybrid architecture, equipped with the Coffee OS 3 smart cockpit and high-power external discharge, delivering intelligence, reliability, and all-scenario adaptability. The P500 Hi4-T offers higher performance and greater luxury, ushering pickups into a new 4.0 era of “all-scenario, intelligent, and new energy.”
For key markets such as Australia and Thailand, where off-road culture is deeply rooted, these two models powerfully demonstrate GWM’s localized product expertise.
Designed for young users seeking individuality and a lifestyle-oriented mobility experience, the GWM ORA 5 Sport has already generated strong interest in Europe and Southeast Asia. During the auto show, overseas media also took part in in-depth test drives, allowing the product itself to prove GWM’s technological claims.
The entire SOUO Motorcycles lineup stole the spotlight with the world’s only 2,000 cc horizontally opposed eight-cylinder engine, redefining the premium long-distance motorcycle touring experience. Within GWM’s brand matrix, SOUO is the clearest expression of the brand’s “confidence in driving culture.”
Behind every compelling vehicle lies deep technological strength. The GWM technology zone drew large crowds eager to explore the company’s latest R&D advancements firsthand.
High-Performance V8: At the auto show, GWM introduced a new high-performance powertrain architecture headlined by an all-new in-house high-performance V8 engine — a major step forward in GWM’s powertrain capabilities. The company also showcased a world-class lightweight solution featuring extensive carbon fiber, as well as a newly adopted mid-engine layout designed to deliver exceptional handling performance.
GWM ONE Platform: In intelligent technology, GWM has built a formidable competitive moat across data, algorithms, and computing power. Its VLA assisted-driving large model and other intelligent technologies have received wide acclaim. The GWM ONE Platform supports five powertrain variants: PHEV, HEV, BEV, FCEV, and ICE. It enables one platform to support multiple powertrains, product categories, body styles, and global markets. Built on native AI, the platform integrates dual VLA large models and creates a native full-stack intelligent agent. It also uses AI to redefine safety logic, deeply fusing active and passive safety systems and reinforcing GWM’s commitment to safety.
GWM Hi4 has evolved into a comprehensive powertrain family tailored to different driving scenarios and user needs. The new-generation Hi4 technology continues to deliver “the performance of four-wheel drive with the energy consumption of two-wheel drive,” making advanced all-wheel-drive capability more accessible than ever. Hi4-Z is designed for general off-road scenarios, while Hi4-T is for hardcore off-road demands, each bringing distinctive strengths and further consolidating GWM’s leadership in off-road mobility.
GWM also presented its forward-looking diesel hybrid technology for demanding off-road and towing scenarios. The new powertrain is expected to cut urban fuel consumption by 15% while boosting acceleration performance by 40%.
Ecosystem-Based Globalization Builds Stronger Global Brand
At Auto China 2026, the GWM booth attracted large numbers of overseas visitors, media journalists, dealers, and investors, becoming a key platform connecting GWM with global users. The invitation of 1,500 media and dealers reflects GWM’s growing global appeal. According to some overseas media reports, Chinese automakers are reshaping industry norms through shorter R&D cycles, innovative concepts, and well-coordinated supply chains.
Amid rising complexities and tariff barriers, GWM is shifting its global strategy from simple product exports toward comprehensive local ecosystem development — an approach increasingly recognized across the industry. The future of global competition will no longer be about exporting products, but about the coordinated global expansion of technology standard-setting, supply chains, and brand value as an entire ecosystem.
At Auto China 2026, GWM showcased core technologies including the super V8, Hi4 Hybrid, and ADAS — technologies that will help the company participate in setting global industry standards and building a lasting brand moat.
Reliable products remain GWM’s promise to users. Accessible technology is its contribution to the industry. Ecosystem-based globalization is its commitment to local communities. GWM is taking root and growing in every aspect of its global operations — from technical architecture and product definition to manufacturing, after-sales service, compliance, and cultural integration. While the industry remains focused on overseas sales growth, GWM has already elevated “deep localization” as a new benchmark for global success, building a shared future with users through genuine, long-term commitment.
Hashtag: #GWM
The issuer is solely responsible for the content of this announcement.
By K Raveendran Abu Dhabi’s decision to walk away from OPEC marks more than a dispute over barrels. It signals a recalibration of Gulf power, energy strategy and security alignments at a moment when the Iran war has exposed the limits of regional consensus. For decades, the UAE operated inside a cartel system dominated by […]
Hong Kong recorded its widest visible trade deficit since comparable records began in 1952, as imports outpaced a powerful export rebound driven by demand for artificial intelligence-related electronics and high-value technology goods.
The city’s merchandise trade gap widened to HK$89.1 billion in March 2026, equal to 12.6 per cent of the value of imports. Total exports rose 35.8 per cent year on year to HK$618.4 billion, while imports jumped 41.2 per cent to HK$707.5 billion, underscoring the unusual scale of the surge in cross-border goods flows through one of Asia’s main trading hubs.
The figures point to a mixed signal for Hong Kong’s externally oriented economy. Export growth was the strongest since early 2021, reflecting robust global demand for electronic components, telecommunications equipment, semiconductors and related supply-chain goods. Yet the sharper rise in imports left the city with a deficit larger than any monthly gap recorded over more than seven decades, highlighting the pressure created by front-loaded purchases, supply-chain repositioning and higher input costs.
For the first quarter of 2026, total exports climbed 32 per cent from a year earlier, while imports increased 37 per cent. The visible trade deficit for the quarter reached HK$168.4 billion, equivalent to 9.8 per cent of imports. On a seasonally adjusted basis, exports rose 18.4 per cent from the previous quarter, while imports advanced 20 per cent.
The most striking gains came from technology-linked categories. Exports of electrical machinery, apparatus, appliances and related parts rose by HK$99.8 billion, or 47.9 per cent, in March from a year earlier. Telecommunications and sound recording equipment exports increased by HK$40.2 billion, or 94.7 per cent, while non-ferrous metals shipments rose by HK$10.2 billion, or 175.9 per cent.
Imports showed a similar pattern, but with larger absolute increases in several categories. Purchases of electrical machinery and related parts grew by HK$106.2 billion, or 49.5 per cent. Telecommunications and sound recording equipment imports rose by HK$45.3 billion, or 93 per cent. Non-ferrous metals imports surged by HK$30.4 billion, a rise of more than 400 per cent, suggesting strong demand for materials used in electronics, data-centre infrastructure and advanced manufacturing supply chains.
The widening deficit also reflects Hong Kong’s role as a re-export centre rather than a conventional manufacturing economy. Goods imported into the city often move onwards to mainland China, Southeast Asia, the United States and Europe after financing, logistics, testing, repackaging or redistribution. During periods of strong global technology demand, import values can rise faster than exports if companies build inventories, reroute shipments or accelerate procurement to avoid transport delays.
Geopolitical tensions have added another layer of volatility. The war in the Middle East has pushed up energy prices, raised shipping risks and complicated trade routes linking Asia with Europe and the Gulf. Higher freight and insurance costs can lift the recorded value of imports, while uncertainty over maritime routes may encourage companies to bring forward shipments or diversify logistics channels. Hong Kong, with its deep financial links and dense regional supply-chain networks, is exposed to those shifts even when final demand originates elsewhere.
The export destination data showed broad-based strength across Asia and beyond. Shipments to Singapore more than doubled, while exports to Malaysia, Thailand, Taiwan and mainland China recorded strong gains. Exports to the United States also rose sharply, reflecting resilient demand for electronics and technology-linked goods despite continuing trade friction and tariff risks. Shipments to the United Kingdom declined, indicating uneven demand across advanced markets.
On the import side, increases were recorded from most major suppliers. Purchases from the United Kingdom, Korea, India, Vietnam, the United States and mainland China all rose substantially, underlining the geographically diverse nature of the procurement surge. Mainland China remained central to the city’s trade flows, both as a supplier and destination, while Southeast Asian economies continued to gain prominence in electronics and component supply chains.
The data suggest that Hong Kong is benefiting from the global investment race in artificial intelligence, cloud computing and advanced electronics, but the gains come with greater exposure to external shocks. Demand for AI servers, chips, networking equipment and related components has lifted trade volumes across Asia, while higher energy prices and shipping uncertainty are adding costs and complicating timing decisions for importers.
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