Saudi Arabia has sold about 60 million barrels of crude for loading in September and October from Ras Tanura, with cargoes crossing the Strait of Hormuz before being transferred ship-to-ship off Oman’s Sohar port, according to multiple trade sources. The sales are lifting Saudi Aramco’s crude exports from Gulf terminals back to an average of about 1 million to 1.5 million barrels a day, around or slightly […]
Matein Khalid I never thought a routine telegraphed 0.25% a rate hike at a FOMC conclave would make September 16, 2026 one of the scariest days in my investing career, right up there with September 15, 2008 (the Tuesday Lehman died), September 11, 2001 the day the WTC Feng Shui twin sentinels of Manhattan died or Black Wednesday September 15 1992, when my Magyar idol George Soros […]
Washington’s rare purchase of Japanese yen has put currency intervention, US Treasury stability and global risk appetite into the same market equation, with implications extending to bitcoin and other digital assets. The US Treasury joined Japan on July 31 in buying yen to counter what Tokyo described as excessive volatility and disorderly moves in the currency. Japan’s Ministry of Finance confirmed the coordinated operation on August 3, […]
Arabian Post Staff -Dubai Fasset will become the first platform worldwide to list DDSC, the UAE dirham-backed stablecoin, under a new collaboration that will also allow users to swap the token with major dollar-backed stablecoins including USDC and USDT. The arrangement expands DDSC’s distribution beyond its initial institutional use and follows regulatory approvals that opened the way for the token to appear on selected platforms overseen by […]
SINGAPORE – Media OutReach Newswire – 16 September 2026 – Following DHL Express’s introduction of Heavy Weight Express (HWX) this year, DHL Express recorded a 16% growth in its Time Definite International Weight per Day in Asia Pacific (excluding China) between January and July2026. This reflects how DHL’s Smart Industrial Growth Strategy is yielding positive outcomes as businesses are moving heavier, critical components, machinery, and industrial equipment across borders.
The heavyweight market has been gaining traction in recent years. Industry research shows that an estimated 10.2 million tons of heavyweight shipments¹ are being moved in Asia Pacific (excluding China) each year. Many companies have spent years reducing inventory and improving efficiency across their supply chains. However, companies today operate in a far less predictable environment marked by trade disruptions, manufacturing bottlenecks, and fluctuating demand. The rise in heavyweight shipment volumes mirrors a shift in how businesses are managing supply chain risks, as they increasingly turn to express logistics not only to handle sudden shifts in demand but also to have greater agility, certainty and control over timelines.
“Behind the numbers is a simple reality: Businesses are shipping heavy when timing matters and when it’s critical,” said Ken Lee, CEO for Asia Pacific, DHL Express. “As companies continue to navigate a complex landscape where uncertainty has become the norm, speed and reliability have also become part of the business decision. Customers are making deliberate decisions on what they ship through our network. Our Heavy Weight Express solution helps companies avoid downtime, protect working capital and keep operations moving when supply chains don’t go exactly as planned.”
Technology, Engineering & Manufacturing, and Automotive top Asia Pacific’s heavyweight contributors
Across the region, high-value, technology-related cargo, such as computer chips and semiconductors, accounts for the largest share of DHL Express’s heavyweight segment at over 34%, driven by rapid investment in data centers to support the growing demandfor computing capacity, data storage, cloud services, as well as artificial intelligence. This has fueled demand for technology-related shipments, from semiconductors and servers to cooling systems and electrical infrastructure. However, a data center crunch is creating supply chain bottlenecks as demand for semiconductor manufacturing outpaces infrastructure supply. As a result, express logistics services are urgently activated to move critical components quickly and efficiently, helping to keep projects on schedule.
The other main contributors to the heavyweight segment are businesses in engineering & manufacturing as well as the automotive industry.
Automotive is the fastest growing sector
HWX service is also gaining strong momentum in the automotive sector, with its shipment weight increasing at a rate of nearly 20%. As the leading export region for this sector, Asia Pacific is also seeing a surge in Asian automotive brands, particularly Electric Vehicle (EV) manufacturers from China and Southeast Asia. As these brands expand into new markets, they are also moving vehicle parts sourced from different suppliers and manufacturers across borders. This has created the appetite for expedited shipments to keep production running. In this sector, a single late or failed shipment could instantly cost automotive manufacturers millions of dollars.
Asia affirms role as a vital trading hub
In Asia Pacific (excluding China), the fastest growth in heavyweight shipments for the first seven months of the year came from India, the Philippines, Vietnam, Japan and Hong Kong. These markets reflect two of the region’s strongest trade corridors – Southeast Asia’s firm role as a manufacturing and sourcing base, and North Asia’s strategic position as a hub for high-value technology, industrial and automotive supply chains. Additionally, India, the Philippines, and Vietnam are also recognized as key markets of the geographic tailwinds initiative.
“As companies continue to manufacture out of Asia, balancing project timelines and building more resilient and agile supply chains become a priority. To maintain production continuity and ensure certainty, they are consolidating goods into heavier shipments. These non-negotiable conditions are also “urgency drivers” that put us at an advantage to help deliver our customers’ shipments at a definite time,” said Ken Lee, CEO for Asia Pacific, DHL Express.
In recent years, DHL Express has added several new infrastructures across the region, including an expanded global hub in Hong Kong, facilities near Cebu and Manila airports, gateway at Christchurch airport, Hanoi gateway near Noi Bai airport, as well as Delhi gateway, culminating in approximately 1,000 facilities in the Asia Pacific region. This is further supported by a robust aviation network of around 810 flights per day.
¹McKinsey/IHS Markit (2024)
Hashtag: #DHLExpress #GlobalTrade #HeavyWeightExpress
The issuer is solely responsible for the content of this announcement.
DHL is the leading global brand in the logistics industry. Our DHL divisions offer an unrivaled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With approximately 389,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global sustainable trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, engineering, manufacturing & energy, auto-mobility and retail, DHL is decisively positioned as “The logistics company for the world”.
DHL is part of DHL Group. The Group generated revenues of approximately 82.9 billion euros in 2025. With sustainable business practices and a commitment to society and the environment, the Group makes a positive contribution to the world. DHL Group aims to achieve net-zero emissions logistics by 2050.
Arabian Post Staff -Dubai Dubai has introduced a round-the-clock service at Dubai International Airport allowing eligible UAE citizens and residents to obtain an International Driving Permit within five minutes before travelling abroad. The service is available at the Customer Happiness Centre in Terminal 3 Arrivals and is open to people holding a valid UAE driving licence. It brings permit issuance directly into the airport environment, giving travellers […]
Arabian Post Staff -Dubai Al-Futtaim Motors has begun two safety recall campaigns covering 6,933 Lexus LX500 and LX600 sport utility vehicles in the UAE, addressing separate engine software and transmission defects in models built in Japan between 2021 and 2024. The larger programme is being conducted in coordination with the Ministry of Economy and Tourism and requires affected owners to have their vehicles inspected or reprogrammed without […]
Arabian Post Staff -Dubai Wall Street is preparing for the Federal Reserve to raise interest rates this week for the first time since July 2023, after another surge in oil prices and stubborn inflation pushed market expectations decisively towards tighter policy. Interest-rate futures on Monday assigned roughly a 90% probability to a quarter-point increase at the Federal Open Market Committee’s September 15-16 meeting. A move of 25 […]
Chevron’s Australia president expects liquefied natural gas prices to remain elevated for about six months as war-driven disruption to Middle East supply keeps the global market tight. Balaji Krishnamurthy, who leads Chevron’s Australian operations, said at the Gastech conference in Bangkok on Monday that higher prices were likely to persist while the market adjusts to reduced Qatari exports and constrained shipping through the Strait of Hormuz. He […]
Calls by leading artificial intelligence executives to slow development of advanced models pressured Asian semiconductor shares on Monday, but investors and strategists said robust spending on computing infrastructure was likely to keep the longer-term AI investment cycle intact. Samsung Electronics fell as much as 4.1% in early trading, while South Korea’s SK Hynix dropped 5.8%. Japan’s Advantest declined 4.7% and Kioxia Holdings slid 9.3% as markets assessed […]
North Korea fired multiple short-range ballistic missiles towards the East Sea on Saturday, a day after South Korea, the United States and Japan completed a five-day trilateral military exercise. South Korea’s Joint Chiefs of Staff said the missiles were detected at about 5.20am from the Wonsan area on North Korea’s east coast. They flew roughly 250 kilometres before falling into the sea, while South Korean and US […]
Japan’s Digital Agency is investigating unauthorised access to its servers after warning that personal information linked to about 246,000 people may have been exposed. The agency said the incident involved servers under its control and that it was examining the scope of the intrusion, the information potentially affected and whether data had been taken outside its systems. The disclosure raises fresh questions over the security of government-held […]
The caution comes after the Japanese currency surged to its strongest levels since February, helped by mounting conviction that the central bank will lift its policy rate at its September 17-18 meeting and by speculation that major domestic investors will shift more money out of overseas assets. The dollar fell below 153 yen this week before recovering some ground.
Barclays’ assessment challenges the increasingly bullish market view that the yen has entered a durable appreciation phase. The bank said the latest move has been driven by powerful expectations rather than a fully established change in capital flows or monetary policy, leaving the currency vulnerable if either catalyst disappoints.
Markets have moved close to fully pricing a quarter-point Bank of Japan increase to 1.25 per cent this month. Expectations strengthened after policymakers signalled greater concern over inflation and currency weakness. Board member Kazuyuki Masu said on Thursday that the central bank could be forced to raise rates more rapidly if underlying inflation accelerates, while stressing that decisions would depend on incoming data.
A survey of economists published this week also showed a broad expectation that the Bank of Japan will raise rates to 1.25 per cent in September, with further tightening projected during 2027. That outlook has encouraged investors to unwind positions built around Japan’s comparatively low borrowing costs and has increased demand for the yen.
The second pillar of the rally is the prospect that Japanese pension funds and other large institutions will direct more capital into domestic bonds and equities. Finance Minister Satsuki Katayama said in July that the government wanted pension funds, including the Government Pension Investment Fund, to make substantially greater investments in Japanese financial assets.
That statement triggered speculation that the GPIF, one of the world’s largest pension managers, could reduce its foreign exposure. Its portfolio stood at about 320.4 trillion yen at the end of June, with 25.59 per cent in domestic bonds, 24.48 per cent in domestic equities, 24.60 per cent in foreign bonds and 25.33 per cent in foreign equities, official data show.
A major change in those allocations could generate significant yen buying because foreign assets would have to be sold or currency exposure reduced. Rising Japanese government bond yields have strengthened the argument for keeping more capital at home. The 10-year government bond yield has reached levels not seen for decades, increasing the relative attraction of domestic fixed-income holdings.
Fitch Ratings said this week that higher Japanese yields could encourage banks, insurers and other institutional investors to retain more funds domestically. It also expects Bank of Japan policy rates to rise faster than markets had previously assumed, though it has not projected a wholesale withdrawal from overseas markets.
Evidence of repatriation has nevertheless remained mixed. The GPIF’s June-quarter figures showed domestic bond holdings rising in value while their portfolio share remained close to the fund’s 25 per cent strategic target. Foreign assets still accounted for roughly half of the portfolio, underscoring the scale of adjustment that would be required for pension flows to become a sustained source of yen demand.
The currency’s rise has also been reinforced by the unwinding of yen-funded carry trades, in which investors borrow cheaply in Japan to purchase higher-yielding assets elsewhere. Cross-border yen borrowing reached about 360 trillion yen in March, making abrupt changes in exchange-rate expectations capable of producing sizeable market moves.
The yen had fallen to around 164 per dollar in July before authorities in Japan and the United States intervened jointly in the foreign-exchange market. Its subsequent recovery accelerated this month as traders attached greater weight to tighter monetary policy and domestic capital repatriation.
Arabian Post Staff -Dubai Dubai Municipality has signed a cooperation agreement with Singapore’s BCA International after a high-level visit focused on modern building methods, green construction, digital technologies and regulatory practices that could support Dubai’s expanding built environment. The delegation, led by Director-General Marwan Ahmed bin Ghalita, concluded the official visit after meetings with government bodies, construction specialists and technology companies, alongside site inspections examining how Singapore […]
US Treasury yields climbed on Wednesday as oil prices pushed above $100 a barrel, intensifying concern that higher energy costs could keep inflation elevated and persuade the Federal Reserve to raise interest rates at its September 15-16 meeting. The benchmark 10-year Treasury yield moved above 4.8%, touching its highest level since late 2023, while longer-dated yields remained under pressure as investors reassessed the inflation outlook and the […]
North Korea’s newly appointed defence minister has warned that Pyongyang will take strong countermeasures if the United States and its allies provoke a new military confrontation, as Washington, Seoul and Tokyo conduct their five-day Freedom Edge exercise. Kim Song-gi, appointed defence minister late last month, issued the warning in a statement carried by the Korean Central News Agency on Monday. He said the US-led exercises were creating […]
HONG KONG SAR – Media OutReach Newswire – 7 September 2026 – HUAFULI, a high-end decorative panel brand under the Shanghai Stock Exchange main board listed company “Dongguan Huali Industries Co., Ltd.” (Stock Code: 603038.SH), has leveraged its 30 years of brand heritage and formidable R&D and supply chain strength to achieve a rapid growth of over 50% against recent market downturns! Backed by a robust brand history, HUAFULI served as a supporting furniture materials supplier for top-tier international events, including the 2008 Beijing Olympics, the 2010 Guangzhou Asian Games, and the 2011 Shenzhen Summer Universiade, earning national-level recognition for its quality.
HUAFULI today officially announced its full-scale entry into the Hong Kong market, establishing its presence in the heart of Lockhart Road, Wan Chai—renowned as “Hong Kong’s Building Materials Street.” A grand opening ceremony was held for its brand-new 2,800 sq. ft. flagship exhibition hall, the “HUAFULI Hong Kong Home Art Gallery”. The brand offers an Integrated Door-Wall-Cabinet solution and localized services, using Hong Kong as a strategic pivot to expand into the global market!
The ceremony, themed “Huafuli: A New Chapter in Hong Kong”, was officiated by management representatives, including Mr. Jacky Tan Xujie, Vice Chairman of Dongguan Huali Industries Co., Ltd., Mr. Xie Zhikun, CEO and Co-founder of Dongguan Huali Industries Co., Ltd., Mr. Lu Xuqiu, Co-founder of Dongguan Huali Industries Co., Ltd., Mr. Wang Tangxin, Co-founder of Dongguan Huali Industries Co., Ltd., Mr. Ji Juntao, Vice President of Dongguan Huali Industries Co., Ltd., and Mr. Ken So, Sales Manager of the Hong Kong Region, Huafuli. The event also featured a heavyweight guest, three-time TV King, renowned artist, and Brand Spokesperson Mr. Wayne Lai, who attended the ribbon-cutting and conducted a live contract signing ceremony, witnessing this significant milestone in HUAFULI’s development in Hong Kong.
30 Years of Dedication: From Single-Product Champion to System Service Provider; Executive President Xie Zhikun Reveals Deep “Hong Kong Ties”
Founded in 1995, Huali Shares was listed on the SSE main board in 2017. In its early years, the brand took the lead in breaking foreign technological monopolies, spearheading the formulation of China’s furniture edge banding industry standards, and achieving the highest national sales for ten consecutive years. Over 30 years of development, the brand has successfully upgraded from an edge banding sales champion to a whole-house system service provider encompassing decorative panels, edge banding, and home hardware. Amid the transformative challenges faced by the home building materials industry in recent years, HUAFULI has defied market trends with a robust growth of over 50%, demonstrating remarkable business resilience and market leadership.
During his opening speech, Mr. Xie Zhikun, CEO and Co-founder of Dongguan Huali Industries Co., Ltd., shared emotionally: “Thirty years ago, we started with a single edge banding strip, proactively formulating the industry standards for furniture edge banding in China and maintaining the number one sales position nationwide for thirty consecutive years. With this dedication, we successfully upgraded from a ‘single-product champion’ to a complete system covering decorative panels, edge banding, and home hardware. Even when the industry faced challenges recently, HUAFULI still achieved a 50% growth against the trend. In fact, our connection with Hong Kong began back in 2008 when we established a subsidiary here. Hong Kong people are extremely particular about home quality, placing special emphasis on eco-friendliness, moisture resistance, and health, which are precisely HUAFULI’s strengths. The ‘HUAFULI Hong Kong Home Art Gallery’ unveiled today is not just an ordinary showroom, but a home art gallery that offers peace of mind and lifestyle aesthetics. In the future, we will collaborate with all sectors in Hong Kong using solid products, a professional team, and localized services, opening a new chapter where quality and craftsmanship parallel each other—basing ourselves in Hong Kong, connecting with the Mainland, and radiating globally!”
Mr. Ken So, Sales Manager of the Hong Kong Region, Huafuli, Addresses Three Industry Pain Points, Eliminates Northbound Travel Hassles, and Sets a HK$100 Million Sales Target
In an exclusive media interview, Mr. Ken So, Sales Manager of the Hong Kong Region, Huafuli, deeply analyzed the business logic and localized strategy behind the brand’s entry into Hong Kong:
Global Debut of German-Japanese Nano-Microcrystalline EBH Technology; Dual Ultimate Eco-certifications Lead New Trends in HK Building Materials
With Hong Kong’s increasingly stringent requirements for green buildings, indoor air quality, and ESG standards, HUAFULI brings a high-specification product system suitable for the Hong Kong environment:
Star Spokesperson Mr. Wayne Lai Yiu Cheung Attends the Event, Heavily Endorses Dual Ultimate Eco-friendliness at Contract Signing
The atmosphere at the grand opening ceremony was vibrant, with traditional auspicious lion eye-dotting and lion dance performances kicking off the splendid prologue for the “HUAFULI Hong Kong Home Art Gallery.” Brand Spokesperson Mr. Wayne Lai Yiu Cheung conducted a grand contract signing ceremony on site and joined management guests for a celebratory group toast and photo.
Hashtag: #HUAFULI
The issuer is solely responsible for the content of this announcement.
Founded in 1995, Huali Shares was listed on the main board of the Shanghai Stock Exchange in 2017 (Stock Code: 603038.SH). Starting from the field of decorative composite materials, the company has adhered to integrity and innovation, inherited the spirit of craftsmanship, and over the past 30 years, has developed into a comprehensive holding enterprise encompassing home building materials, smart water affairs, membrane filtration materials, and industrial digital intelligence businesses. It is committed to leading industry progress through high-level R&D, satisfying people’s aspirations for a better life through technological innovation, and empowering industrial upgrades through digital and intelligent technologies. Its home building materials business primarily focuses on edge banding, decorative panels, and home hardware, mainly used in panel furniture, interior decoration, and commercial space construction. It is the first domestic home materials manufacturing enterprise to break the German technological monopoly and possess independent intellectual property rights, and is the leading formulator of important industry standards for edge banding in China.
Kiana Khansmith’s independently created series Pretty Pretty Please I Don’t Want to Be a Magical Girl has released a fully animated first episode on YouTube, with Canada’s Mercury Filmworks providing animation for the 11-minute production. The episode, titled I Don’t Want to Be a Magical Girl, became freely available on September 4 and marks a significant production upgrade for a project that first drew an audience through […]
The Japanese currency traded around 155.7 per dollar after a volatile session, having surged sharply earlier in the week as investors increased bets that the Bank of Japan could tighten policy faster than previously anticipated. The move brought the yen close to levels last seen after joint US-Japan currency intervention in July.
US nonfarm payrolls increased by 162,000 in August, well above the 56,000 gain economists had expected, while the unemployment rate held at 4.1 per cent, according to the Bureau of Labor Statistics. June and July payroll figures were also revised higher by a combined 55,000 jobs.
Employment gains were concentrated in food services and drinking places, which added 62,000 jobs, and local government education, which gained 42,000. Construction added 22,000 positions and manufacturing 16,000, while information employment declined. The average private-sector workweek edged up by 0.1 hour to 34.4 hours during August, official data showed.
The dollar initially strengthened after the release as traders raised the probability of a Federal Reserve rate increase at its September 15-16 meeting. Fed funds futures implied roughly a 59 per cent chance of a quarter-point rise after the data, up from about 50 per cent beforehand.
Those gains faded as investors turned attention to next week’s inflation figures, which are expected to play a decisive role in the Fed’s assessment. Producer-price data are due on Thursday, followed by consumer-price figures on Friday. Economists expect annual core consumer inflation to ease to 2.4 per cent from 2.5 per cent in July.
The dollar index, which tracks the US currency against six major peers, was up about 0.1 per cent at 99.10 later in the session. The euro was little changed around $1.162, while sterling held near $1.35 after showing limited reaction to the US employment report.
The yen’s weekly strength has been driven primarily by expectations of further Bank of Japan tightening. Markets were pricing a high probability of a 25-basis-point increase at the central bank’s September 17-18 meeting after policy board member Hajime Takata said officials should act nimbly to counter intensifying inflation pressures rather than adhere to a predictable schedule.
Speculation about a larger or faster sequence of rate increases has also encouraged investors to unwind short-yen positions that had accumulated while Japan maintained substantially lower borrowing costs than other major economies.
Japan’s top currency diplomat, Atsushi Mimura, said on Friday that authorities remained alert to exchange-rate movements, maintaining Tokyo’s warning that it was prepared to respond to excessive volatility. Officials have repeatedly stressed that intervention is aimed at disorderly market moves rather than defending a specific exchange rate.
The yen had approached 155.21 per dollar, the strongest level reached after July’s coordinated intervention. A sustained break beyond that level would put the currency at its strongest point since early May.
The broader policy outlook remains finely balanced. Fed Governor Christopher Waller said on Thursday that he was inclined to support unchanged rates if incoming data confirmed that inflation pressures were cooling, tempering expectations of an imminent increase before the payrolls figures were released.
Wage data offered some support for that argument despite the stronger hiring numbers. Average hourly earnings rose 0.3 per cent in August and were 3.1 per cent higher than a year earlier, the weakest annual increase since June 2021.
Higher Japanese government bond yields have also fuelled speculation that domestic investors could shift some overseas holdings back to Japan. Market participants have focused particularly on insurers and pension funds with large foreign-asset portfolios as relative returns on Japanese debt improve.
Pessimism sells. It always has. But investors who let fear set their strategy this year are, I believe, about to miss one of the more compelling setups markets have offered in some time. Eveywhere I look, the mood among investors feels heavier than the numbers actually justify. There is talk of central bank brinkmanship, and a market supposedly one bad news day away from falling apart, among […]
A dispute over the term “non-market” lay at the centre of the breakdown between China and the United States at this week’s Group of 20 finance meeting, where Beijing withheld support for a consensus statement backed by the other members. The disagreement emerged during negotiations in Asheville, North Carolina, over language addressing global economic imbalances. People familiar with the talks said the sharpest argument focused on whether […]
Workshop: “Eyes from Space: Solving Everyday Problems with Satellite Data”
After live quizzes on satellites, Yasuo Shirai, Vice President of Engineering, showed how optical, thermal-infrared and radar satellites observe water, farmland, forests and disasters — including Tenchijin’s own KnoWaterleak. In a hands-on challenge, students acting as a city mayor decided where to build a new hospital by combining satellite and ground data. His closing message: satellite data becomes truly powerful only when paired with local knowledge and human ideas.
Yasuo Shirai – VP of Engineering, Tenchijin Inc | Japan
“The energy of the 400 students in that hall was extraordinary. Their questions on water, agriculture and the environment are exactly the problems we tackle with satellite data every day. Co-hosting with MYSA showed that the distance between an Asian classroom and space technology is far shorter than students imagine, and I hope some of them will one day build this industry with us.”
Hashtag: #Tenchijin #KnoWaterLeak #ScienceCastle #leaveanest
https://tenchijin.co.jp/
https://www.linkedin.com/company/tenchijin/
https://x.com/tenchijin_pr
The issuer is solely responsible for the content of this announcement.
Tenchijin Inc. is a space technology company developing satellite-data solutions for infrastructure management. Its flagship product, Tenchijin COMPASS KnoWaterleak, combines satellite data and AI to detect and prevent water leaks, achieving up to 65% cost reduction and 85% time savings in field tests, and received the Minister of Health, Labour and Welfare Prize at the 7th Infrastructure Maintenance Grand Prize.
https://knowaterleak.space/
HONG KONG SAR – Media OutReach Newswire – 3 September 2026 – Wellcome, Hong Kong’s longest established supermarket chain with the largest store network, has announced a strategic partnership with CJ Foods, South Korea’s largest food company and a leading force in the globalisation of K-food with its bibigo™ brand. Marked by a signing ceremony in Seoul, the collaboration will further strengthen Wellcome’s Korean food offering, bringing a wider selection of authentic Korean favourites to customers across the stores at Wellcome and Market Place stores across Hong Kong.
The collaboration is expected to generate more than US$22 million in sales, and will significantly expand the Korean product assortment at Wellcome and Market Place across key categories, including groceries, chilled foods, Korean-inspired ready meals, snacks, frozen meals and healthy meals.
The partnership aligns with Wellcome’s ongoing strategy to broaden its international product assortment, drive innovation and stay attuned to evolving consumer tastes, while bringing more sought-after global brands to customers in Hong Kong. To mark the partnership, over 30 products have been featured in Wellcome’s popular Everyday Value price-lock programme, reinforcing Wellcome’s commitment to delivering quality products at great value for customers.
Bringing Over 100 Korean Products to Hong Kong Customers
As demand for Korean food continues to grow in Hong Kong, spanning everyday grocery essentials, frozen meals and ready-to-eat favourites, Wellcome continues to strengthen its international product range, bringing sought-after global brands and greater choice to customers.
Through the partnership with CJ, Wellcome will introduce new products across multiple categories and targets bringing over 100 Korean food products from CJ Foods to its store network in phases. The expanded range will give customers greater access to authentic Korean flavours and a wider variety of quality food choices.
Among the exclusive products launching at Wellcome are the Bibigo tofu and Bibigo kimchi. Made using traditional Korean recipes with carefully fermented napa cabbage, the kimchi offers a versatile Korean side dish that combines authentic flavours with everyday convenience.
Delivering Greater Value Through Everyday Value
At Wellcome, providing customers with quality products at great value remains a key priority. Since its launch in 2025, the Everyday Value price-lock programme has demonstrated Wellcome’s commitment to helping customers better manage their everyday grocery spending while enjoying dependable quality.
Over 30 products from CJ Foods have been featured in the Everyday Value programme, with prices locked. The initiative allows customers to enjoy popular Korean products at stable, competitive prices without compromising on quality.
Darren Chan, Managing Director, Food, Hong Kong & Macau, DFI Retail Group, said: “At Wellcome, we are committed to offering customers quality products from around the world while delivering exceptional value every day.
Korean food has become an increasingly important category for Hong Kong consumers, reflecting growing interest in both Korean cuisine and culture. Through our partnership with CJ, we are bringing trusted Korean brands closer to our customers, while leveraging our extensive store network and Everyday Value programme to make these products more accessible than ever.”
Teresa Bae, Chief Business and Strategy Officer, CJ Foods, said: “This partnership marks a new foothold for the growth of our K-food business in Hong Kong, one of the world’s leading global business hubs. With delicious bibigo products, we will deliver the distinctive flavors of K-food to Hong Kong consumers.”
From 4 Sep to 17 Sep, 2026, CJ products will be available at the Korean Food Fair at Wellcome and Market Place.
Hashtag: #WellcomeHK #CJFoods #StrategicPartnership
https://www.wellcome.com.hk/https://www.linkedin.com/company/wellcome-hong-kong/
https://www.facebook.com/wellcome.supermarket
https://www.instagram.com/hkwellcome/
The issuer is solely responsible for the content of this announcement.
Established in 1945, Wellcome is Hong Kong’s longest established supermarket chain with the largest store network. Since 1964, the company has been wholly owned by DFI Retail Group and serves as the Group’s key supermarket brand in its food business. Together with Market Place, 3hreesixty and Oliver’s, Wellcome operates a network of over 325 stores serving more than 14 million customers every month.
With the mission of “Always Fresh, Always Value and Always Here for You”, we take pride and passion in providing a quality range of fresh and grocery products, great value and an exciting shopping experience to help our customers save more and enjoy more. As a market-leading supermarket, Wellcome constantly innovates to serve our communities better. In 2021, it introduced a new format, Wellcome Fresh, which offers great value and high-quality fresh produce in an environment that combines the atmosphere of a wet market with the convenience of a supermarket. In 2025, Wellcome launched “Everyday Value” price commitment, locking prices on over 500 fresh & grocery essentials for customers. More recently, it has accelerated its e-Commerce development, enhancing the omnichannel customer journey by offering a more convenient, flexible and personalised grocery shopping experience. For more information about Wellcome, please visit http://www.wellcome.com.hk.
CJ Foods, a business unit of CJ CheilJedang, is a global food company delivering a variety of products ranging from food ingredients and frozen/chilled foods to appetizers. Established as Korea’s first sugar manufacturer in 1953, CJ Foods has grown to become the country’s largest food company. Today, it is leading the global food industry with its renowned Korean food brand, “bibigo.” The company operates in multiple regions worldwide including South Korea, the U.S. (as CJ Schwan’s), Japan, China, Southeast Asia, Europe, and Oceania. For more information, visit https://www.cj.co.kr/en/aboutus/business/food
HONG KONG SAR – Media OutReach Newswire – 2 September 2026 – Hong Kong ranked fifth among Asia Pacific’s (APAC) preferred Living investment destinations in Cushman & Wakefield’s inaugural APAC Living Investor Survey 2026, with investors increasingly pursuing student accommodation, repositioning and conversion opportunities to gain exposure to the sector’s long-term growth prospects.
Among respondents who ranked Hong Kong among their preferred investment destinations, 90% are actively considering repositioning or change-of-use opportunities, highlighting the growing importance of conversion-led strategies in addressing the city’s Living sector supply constraints.
Rosanna Tang, Deputy Managing Director & Head of Research, Hong Kong at Cushman & Wakefield, said: “In Hong Kong, recent market transactions show that investors are approaching the Living sector through a value-add lens, particularly through conversion opportunities and student accommodation assets. Since 2021, the market has recorded US$1.63 billion (HK$12.8 billion) of student housing conversion related transactions across 24 deals, including US$739.9 million (HK$5.8 billion) from 10 deals in the first seven months of 2026, involving a broad spectrum of investors. This strong momentum reflects renewed interest from institutional capital, including the return of real estate funds, as investors seek exposure to resilient, education-linked residential assets underpinned by the city’s persistent accommodation shortage and growing student population.”
Investor Conviction Remains Strong Across APAC
Beyond Hong Kong, investor conviction across the APAC Living sector remains strong, with 85% of investors planning to increase Living investment over the next five years and respondents collectively indicating an estimated US$33.2 billion (HK$260.28 billion) of Living-sector deployment over the same period.
The survey found that Living is becoming an increasingly important real estate allocation across the region, supported by resilient demand fundamentals and investor preference for stabilised, income-producing assets. Notably, a third of respondents with diversified real estate portfolios expect Living to account for more than 30% of their real estate portfolio within five years, underscoring the sector’s growing importance in institutional investment strategies.
Conal Newland, International Director, Head of Living, APAC at Cushman & Wakefield, said: “Our inaugural APAC Living Investor Survey reinforces the growing institutionalisation of the sector across the region. Despite heightened economic and geopolitical uncertainty, investors continue to view Living as a long-term strategic allocation supported by resilient demand fundamentals, defensive income characteristics and strong structural growth drivers. The fact that 85% of respondents intend to increase Living investment over the next five years highlights how Living is evolving from an alternative investment strategy into a core institutional real estate allocation.”
Australia and Japan Lead Investor Preferences
Australia/New Zealand and Japan emerged as the region’s most preferred Living investment destinations, ranking clearly ahead of other APAC markets. Japan’s position reflects its scale, liquidity and status as APAC’s most mature institutional multifamily market, while Australia’s housing undersupply and strong rental fundamentals continue to underpin long-term growth potential. Singapore, South Korea and Hong Kong form the next tier of preferred markets, although deployment continues to be constrained by scale, regulation and pricing.
Demand for Stabilised Assets Outpaces Supply
The survey also found that investors are increasingly favouring stabilised, income-producing and defensive Living assets. Recent market volatility has prompted 50% of respondents to report a greater preference for stabilised assets, yet the availability of standing institutional-grade stock remains limited across much of APAC.
This supply-demand imbalance is increasingly pushing investors towards alternative routes to market. Nearly three-quarters (73%) of respondents are actively considering repositioning or change-of-use strategies, while joint ventures emerged as the most likely deal structure over the next one to three years. Office and hotel conversions are also becoming an increasingly important source of Living supply in markets such as Singapore and Hong Kong.
Josh Rose-Nokes, Director, Living Research, APAC at Cushman & Wakefield, said: “What stands out is not a shortage of capital, but a shortage of investable stock. Investors increasingly want stabilised, income-producing Living assets, yet much of APAC lacks sufficient institutional-grade product to satisfy that demand. This mismatch is driving greater competition for stabilised assets and accelerating interest in repositioning, conversions and partnership-led deployment strategies.”
The gap between buyer and seller expectations was identified as the leading investment challenge by 44% of respondents, followed by development viability at 29%. Limited transaction evidence and inconsistent market transparency were also highlighted as barriers to pricing assets accurately and deploying capital efficiently.
About the Survey
The inaugural APAC Living Investor Survey 2026 draws on insights from institutional investors, fund managers, listed property groups and specialist Living-sector participants across APAC, representing approximately 224,000 units or beds. For the purposes of this survey, diversified respondents refer to investors with exposure across multiple real estate sectors and exclude Living-only specialists. The survey was fielded in Q2 2026 during the Middle East hostilities and provides insights into investor sentiment, capital allocation trends and investment priorities across the APAC Living sector. Estimated five-year capital deployment figures were derived from banded responses using midpoints.
For more information and to download the report, please click here.
About Cushman & Wakefield’s Living Platform
Cushman & Wakefield’s Living platform provides integrated advisory services to investors, developers, and operators across the residential investment spectrum, including multifamily, build-to-rent, purpose-built student accommodation, co-living, and senior living. The team delivers integrated advisory across capital markets, valuation, development consultancy, and asset strategy, supported by proprietary research and a region-wide Asia Pacific network, as well as dedicated research and consultancy professionals who provide strategic insights and execution capabilities across the region. Click here for additional information.
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Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for occupiers and investors with approximately 53,000 employees in over 350 offices and nearly 60 countries. In Greater China, a network of 23 offices serves local markets across the region. In 2025, the firm reported revenue of $10.3 billion across its core services of Valuation, Consulting, Project & Development Services, Capital Markets, Project & Occupier Services, Industrial & Logistics, Retail, and others. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.hk or follow us on LinkedIn (www.linkedin.com/company/cushman-&-wakefield-greater-china).
