News related to
Japan

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.

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/

Strategic Collaboration Targets Over US$22 Million in Sales

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.

Wellcome

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

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

• 90% of investors targeting Hong Kong are actively pursuing repositioning or change-of-use strategies
• Student accommodation and conversion-led strategies continue to drive Living sector investment activity in Hong Kong
• 85% of investors across APAC expect to increase Living investment over the next five years

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.

Hashtag: #Cushman&Wakefield

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

About Cushman & Wakefield

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).

• Benefiting from sustained strong chip demand across the AI data center (“AIDC”), storage and robotics sectors, the Group’s revenue increased by approximately 98.4% year-on-year to approximately RMB13,249.2 million;

• The Group recorded gross profit of approximately RMB799.7 million and net profit of approximately RMB373.0 million. Profit attributable to equity shareholders of the Company amounted to approximately RMB278.9 million, representing a year-on-year increase of approximately 111.1%;

• The Group has strategically upgraded from an “AI hardware distributor” into a “Token computing power operator”, opening up a second growth curve; and

• The Group has formally entered into Token computing power services contracts worth more than US$1 billion, with delivery expected to commence in the fourth quarter of 2026.

HONG KONG SAR – Media OutReach Newswire – 31 August 2026 – Ingdan, Inc. (“Ingdan” or the “Company”; Stock Code: 400.HK, together with its subsidiaries, the “Group”), an ecosystem services platform anchored in artificial intelligence (“AI”) chips and principally engaged in the businesses of “Comtech” and “Ingdan” today announced its unaudited interim results for the six months ended June 30, 2026 (the “First Half of 2026” or the “Period”).

Financial Highlights for the First Half of 2026

During the Period, benefiting from sustained strong chip demand across the AIDC, storage and robotics sectors, the Group recorded revenue of approximately RMB13,249.2 million, representing an increase of approximately 98.4% from approximately RMB6,676.5 million for the corresponding period in 2025.

The Group’s gross profit amounted to approximately RMB799.7 million, representing a year-on-year increase of approximately 36.5%. Operating profit was approximately RMB517.2 million, representing a year-on-year increase of approximately 87.7%. Net profit after tax amounted to approximately RMB373.0 million, representing a year-on-year increase of approximately 96.3%.

Business Review

Strategic Upgrade Milestone: Token Factory Order Formally Secured, Opening Up a Second Growth Curve

During the First Half of 2026, the Group achieved a landmark breakthrough in its AI-driven strategic upgrade. The previously disclosed intent service orders exceeding US$1 billion have now been formalized into services contracts. Delivery is expected to commence in the fourth quarter of 2026, with the contracts expected to generate aggregate service revenue of more than US$1 billion over the next five years. This milestone signifies a fundamental evolution in the Group’s growth model—from “selling chips” to “selling computing power”—and its formal upgrade into an “Token computing power operator”, presenting a compelling new value proposition to the capital markets.

Three Growth Drivers for Rapid Expansion

The Group’s performance growth is supported by three core drivers:

• AI computing power: The accelerating development of global data centers continues to drive strong demand for GPUs and CPUs. The Group provides full-stack computing power support, from chips to application solutions, and is deeply involved in the development of cloud-based intelligent computing centers;
• Storage cycle: Surging demand for AI foundation model training and inference is driving expansion in the memory chip market. Leveraging the resources of leading global suppliers, the Group ensures a reliable supply of memory chips and complementary solutions; and
• Embodied intelligence and robotics: As humanoid robots enter the mass-production stage, the Group is strengthening its full-stack deployment, from edge AI computing solutions built around platforms such as NVIDIA Jetson to enterprise-level computing clusters.

Full-Chain Technology Services Platform

As a technology services platform based on AI chips, the Group connects upstream AI chip technologies with the needs of downstream innovative enterprises. Leveraging the resources of leading global chip manufacturers, including NVIDIA, Intel, AMD and SanDisk, the Group has established a comprehensive product portfolio covering GPUs, CPUs, FPGAs, ASICs, memory chips and software ecosystems. With chip distribution serving as its entry point, the Group provides customers with integrated, full-chain services encompassing technology solutions, supply chain management, technical training, and after-sales operation and maintenance. Its services cover a broad range of application scenarios, including cloud-based intelligent computing centers, edge AI, robotics, drones and enterprise-level computing power services.

Global Computing Power Network Deployment

To support the large-scale delivery of its Token factory business, the Group is accelerating the development of a global computing power network. In the near term, it plans to expand its computing centers footprint into multiple Asian countries, with total planned computing capacity exceeding 100 megawatts. Through its proprietary Token computing power scheduling platform, the Group provides one-stop services encompassing computing power scheduling, cluster operation and maintenance, and Token computing power services. Its customers include leading internet cloud service providers and market-leading enterprises in vertical robotics segments, demonstrating the commercial viability of the Group’s business model.

Outlook

Mr. Jeffrey Kang, Chairmanand CEO of Ingdan, Inc., commented: “As demand across AIDC, storage, robotics and AI Token services continue to grow, the Group’s strategic positioning as a ‘Token computing power operator’ has been further strengthened. We expect robust customer demand in the second half of the year, while the AI Token factory business is expected to become the Group’s second growth curve. This will further enhance the capital market’s recognition of the visibility of the Company’s growth and its long-term development potential.”

Cautionary Statement

The information contained in this document has not been independently verified. Neither the Company nor any of its affiliates, advisers or representatives makes any express or implied representation, undertaking or warranty as to the fairness, accuracy, completeness or correctness of the information or opinions presented or contained herein. No person should rely on this document as a basis for any decision.

The information contained in this document should be considered in the context of the circumstances prevailing at the relevant time and is subject to change without notice. The Company undertakes no obligation to update the information contained herein to reflect any developments occurring after the date of this document. This document is not intended to provide, and should not be relied upon as providing, a complete or comprehensive analysis of the Company or its financial or operating condition or prospects. Neither the Company nor any of its affiliates, advisers or representatives shall have any obligation or accept any liability, whether in negligence or otherwise, for any loss arising from any use of this document or its contents or otherwise arising in connection with this document.

This document may contain statements reflecting the Company’s current intentions, beliefs and expectations regarding the future as of the relevant dates indicated herein. Such forward-looking statements do not constitute guarantees of future performance. They are based on certain assumptions concerning the Company’s operations and on factors beyond the Company’s control, and are subject to significant risks and uncertainties. Accordingly, actual results may differ materially from those described in such forward-looking statements. Neither the Company nor any of its affiliates, advisers or representatives has any obligation or undertakes to update any forward-looking statement to reflect events or unforeseen circumstances arising after the relevant date.

Hashtag: #Comtech #Ingdan #AI #AIDC #TokenFactory #IC #Chips #humanoid #Intel #AMD #Sandisk #NVIDIA #Tech #RevenueGrowth #TechGrowth #AIInvestment #ProprietaryProducts #KeplerLab #Comtech #IngdanTechnology #IngdanAcademy #AIAcceleration #TechTransformation

https://ingdangroup.com/

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

Ingdan, Inc.

Ingdan, Inc. (Stock Code: 400.HK) is an ecosystem services platform anchored in artificial intelligence (“AI”) chips. The Group captures the rapidly growing demand across numerous industries, from AI computing centers to AI-powered intelligent terminals, by converting AI chip resources into a broad range of rapidly deployable application solutions that provide the core driving force for customers’ intelligent upgrade. Through its proprietary AI technologies, large models and specialized industry knowledge bases, the Group provides customers with advanced chip application technology solutions and efficient supply chain management services.

Headquartered in Shenzhen, the Group operates offices and branches across major cities in China, including Hong Kong, Beijing, Shanghai, Guangzhou, Hangzhou , Suzhou, Wuhan and Chengdu, as well as operations in Singapore and Japan. The Group’s core businesses are Comtech — a technology services platform for the chip industry; and Ingdan — a platform providing Artificial Intelligence of Things (“AIoT”) technology and services.

For further information, please refer to the Company’s website at www.ingdangroup.com

By Nantoo Banerjee The Indian Space Research Organisation (ISRO) is going great guns. The country’s national space agency plans to launch its own independent orbital outpost, named the Bharatiya Antariksha Station (BAS) by 2035. If it succeeds, India will be the only country after China to have an independent space station. Neither the US nor Russia […]

The article India plans own orbital space outpost, second after China appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

J-HRTI, short for Japan Humanoid Robot Training & Implementation, opened its Kanto Data Factory in Narashino on August 26 with 35 humanoid robots across about 1,400 square metres. The centre can expand to 40 machines and is designed to generate, label and test the physical data needed to train robots for practical industrial work.

The consortium says the facility is Japan’s first physical-AI and robot data factory operated by a group composed solely of private companies. Its model is intended to reduce the cost and duplication involved when manufacturers try to build large robot-training systems independently, while allowing participating businesses to share common training data and testing infrastructure.

Operators telecontrol the humanoids to create imitation-learning data from tasks such as gripping, moving and handling objects. Cameras mounted on the robots record movements while motor parameters are also collected. Specialist staff then annotate the footage and motion information so AI systems can distinguish actions, errors and acceptable performance before the robots are tested in environments designed to resemble participating companies’ workplaces.

J-HRTI says members divide the cost of equipment and data generation while contributing real-world tasks from their own operations. Common datasets can be reused across companies, reducing the thousands or tens of thousands of training repetitions that an individual business might otherwise need to undertake from scratch. Sensitive company-specific work can be handled separately in a secure area, where information is not shared with other members.

That approach could widen access to humanoid development beyond the largest manufacturers, although J-HRTI has not published membership fees or a standard deployment price for factories. Claims that the system makes humanoids broadly affordable for mid-sized manufacturers therefore remain difficult to quantify. What is established is that participating companies can spread investment and technical risk rather than financing a dedicated data facility alone.

The operating group includes machinery trader Yamazen, pharmaceutical manufacturer Tsumura, direct-mail and logistics company DMS and Fuyo General Lease, alongside another participant that was not publicly identified in the August 26 announcement. INSOL-HIGH serves as the consortium secretariat and operates the data platform and overall system design.

J-HRTI’s programme is aimed initially at straightforward industrial duties. The group plans to place humanoids into workplaces for tasks such as material transport during the 2026 financial year, which ends in March 2027. It then intends to broaden the range of tasks and improve autonomy as more operational data becomes available.

The consortium is also developing a physical-AI foundation model using data collected at the Chiba site. Several thousand datasets had already been accumulated and annotated by the time full operations began, according to INSOL-HIGH officials. Participating companies are expected to use the model and return additional operating data and feedback, creating a cycle in which the shared training resource is continually updated.

Plans call for the data-factory network to expand to 10 locations nationwide during the 2027 financial year. The Chiba facility is intended to serve as the first “mother” site, with future centres positioned closer to industries that can supply specialised tasks and operational conditions. J-HRTI has said those regional facilities could also support maintenance after robots are deployed.

By the 2028 financial year, the group aims to provide foundation models specialised for sectors including manufacturing and logistics. The timetable remains a target rather than a guaranteed commercial rollout, and performance will depend on whether robots trained in controlled environments can operate safely and reliably in varied workplaces.

The Kospi closed 1.79% lower at 6,788.88, shedding 123.49 points and snapping a three-session advance. Samsung Electronics dropped 3.38% to 257,000 won, while SK hynix fell 4.45% to 1.653 million won as investors locked in gains following an earlier technology rally fuelled by strong results from Nvidia. Foreign and institutional investors sold a combined 2 trillion won of Seoul-listed shares, while retail investors were net buyers.

The retreat highlighted growing caution over valuations in artificial intelligence-linked stocks. Nvidia had jumped nearly 9% in the previous Wall Street session after delivering strong quarterly results and indicating that spending on artificial intelligence infrastructure remained robust. The performance initially lifted technology stocks across the region, but enthusiasm faded in Seoul as attention shifted towards interest rates and the outlook for global bond yields.

Warsh’s first keynote address as Federal Reserve chair at the annual Jackson Hole symposium became the central focus for markets. Investors were looking for guidance on how the central bank would respond to persistent inflation pressures and whether policymakers were moving closer to raising borrowing costs. Interest-rate futures before the speech indicated roughly a one-third probability of an increase at the September meeting, with markets pricing in a move by December.

Bond markets have become particularly sensitive to Federal Reserve communication after longer-term Treasury yields climbed amid concerns that inflation could remain above target. The 30-year US Treasury yield was around 5.2% on Friday after briefly exceeding 5.3%, its highest level since 2007. The 10-year yield stood near 4.67%, while the two-year yield was about 4.23% before Warsh addressed the gathering.

Elsewhere in Asia, market performances were mixed. Japan’s Nikkei advanced around 0.5%, supported by technology shares and inflation data that reinforced expectations of further monetary tightening by the Bank of Japan. Tokyo consumer inflation for August remained close to the central bank’s 2% objective, keeping expectations of another interest-rate increase alive.

Taiwanese shares gained about 1.2%, benefiting more directly from Nvidia’s strong performance because of the island’s extensive semiconductor supply chain. Hong Kong shares moved slightly lower during part of the session, while mainland Chinese equities traded in a narrow range. The CSI 300 slipped about 0.1% at one stage and the Shanghai Composite edged higher, with investors also preparing for purchasing managers’ index data due next week.

Australia’s ASX 200 gained around 0.5%, while Singapore’s Straits Times Index advanced modestly. The Nifty 50 also moved higher as technology shares supported a rebound after two sessions of losses. Regional investors nevertheless avoided large positions as the direction of US monetary policy remained the dominant influence on risk appetite.

Currency markets were similarly restrained. The dollar index hovered around 99.1 and was on course for a weekly gain. The Australian dollar performed strongly after hotter inflation data led traders to reassess the interest-rate outlook, touching a three-month high near $0.72 and extending what was set to become a ninth consecutive weekly advance.

Oil prices provided some relief for equities after falling sharply during the week. Brent crude traded around $89.6-$89.7 a barrel and was heading for a weekly decline of more than 5%, partly reflecting developments involving Iran and Oman over administration of traffic through the Strait of Hormuz. Lower energy prices eased one source of inflation concern, although geopolitical risks remained embedded in commodity markets.

Gold slipped towards $4,590 an ounce as traders awaited clearer signals on US rates. The broader MSCI Asia-Pacific index outside Japan was little changed, showing how the powerful Nvidia-led technology trade was being offset by uncertainty over monetary policy, elevated chip valuations and higher bond yields.

• IFPHK x YF Life: Hong Kong–Macau Retirement Expense Indexrises to 131.6 — Monthly Spending Reaches HK$15,090
• Retiree Living Costs Have Risen Nearly 3 Times Faster Than General Inflation Since 2020

HONG KONG SAR – Media OutReach Newswire – 27 August 2026 – The Institute of Financial Planners of Hong Kong (IFPHK), in collaboration with YF Life Trustees Ltd. (YF Life Trustees), today launched the “IFPHK x YF Life: Hong Kong–Macau Retirement Expense Index” (Index). While the Index has been tracking retiree living expenses since its inception in 2020, this year marks the first time IFPHK and YF Life Trustees have partnered to expand the study to cover both Hong Kong and Macau, providing a broader regional benchmark.

The findings show that retiree inflation in Hong Kong has continued to outpace general inflation. The Index rose to 131.6 in 2026, up from 127.0 in 2023 and 100 in 2020, while average monthly spending increased to about HK$15,090 in 2026. On an annualised basis, the Hong Kong Retirement Expense Index grew by more than 5% per annumfrom November 2020 to May 2026, compared with about 1.8% per annum for Hong Kong’s Composite CPI over the same period, showing that retiree living costs have effectively appreciated close to three times faster than Hong Kong’s general Composite CPI over the same period, underscoring how retirement-specific inflation — driven by travel and dining — is materially outpacing headline price trends.

Furthermore, the study reveals that more than 72% of retirees carry at least one regret regarding their retirement preparation. Most commonly, respondents feel they should have started saving or investing earlier and learned about financial planning sooner, while many continue to express concerns about medical costs, inflation, longevity risk and the risk of outliving their savings.

Dr. Paris Yeung, Chief Executive Officer of IFPHK, stated: “The findings show that satisfaction alone does not mean retirees are fully prepared. More than 72% say they have regrets, and the most common regrets point clearly to the need to start saving, investing and planning earlier. At the same time, retiree inflation has been rising faster than headline inflation, which means future retirees need more robust and flexible plans to protect their purchasing power over time. Through this expanded collaboration with YF Life, we aim to provide deeper regional insights to help future retirees plan with greater confidence.”

He added: “Turning regret into action requires starting earlier, integrating healthcare protection into retirement planning, viewing MPF as a steady retirement paycheck, and engaging qualified financial planners to address estate planning gaps. More importantly, retirement planning should shift from a rigid, set-and-forget approach to a flexible plan that adapts to each retiree’s evolving needs—what we call moving from a ‘fixed plan’ to a ‘flexible, evolving strategy’. Our goal is to help future retirees achieve sustainable and wellplanned golden years.”

Mr. Alvin Tse, Chief Executive Officer of YF Life Trustees, stated: “As the exclusive Project Sponsor of this expanded regional study, YF Life is proud to collaborate with IFPHK on this critical benchmark for Hong Kong and Macau. The 2026 data clearly shows that while retirees desire active lifestyles, they are heavily squeezed by medical inflation and the fear of outliving their wealth. To bridge this gap, retirees must shift away from viewing retirement savings as a static lump sum. By maximizing the flexibility of the MPF through phased withdrawals and mixed-asset strategies, alongside pairing them with lifetime annuity-style income streams and robust medical protection, individuals can effectively convert accumulated assets into a predictable, lifelong paycheck. True financial peace of mind comes from building an integrated fortress that safeguards against both market volatility and longevity risk.”

Key Highlights of the Study:

• Retiree Inflation Has Outpaced General Inflation: The Index rose from 100 in 2020 to 131.6 in 2026, with average monthly retiree expenses increasing to about HK$15,090 and the Index growing at more than 5% per annum versus about 1.8% for Hong Kong’s Composite CPI for the same period. This escalation is driven partly by travelling and cross‑boundary transport—with roughly four out of five retirees visiting GBA Mainland cities and spending about RMB 1,100 per trip. This suggests that general inflation figures may understate retirees’ actual cash‑flow needs, highlighting the importance of planning for inflation‑protected retirement income and periodically rebasing budgets using a retiree‑specific living expense index rather than general CPI so they can maintain their intended post‑retirement lifestyle.
• Retirees’ Satisfaction Masks Ongoing Financial Anxiety and Planning Gaps: Although many retirees report being satisfied with their current retirement life, concerns remain widespread, with 51% worrying about unexpected medical expenses, 41% about inflation and 77% still lacking any form of estate or asset planning. This suggests that retirees should turn present satisfaction into future resilience by building healthcare and contingency reserves, setting clear drawdown rules to manage longevity risk, and putting in place basic estate and incapacity documents such as wills, enduring powers of attorney and advance directives well before potential health or family crises arise.
• Conservative Spending but Widespread Regret—Especially Among Asset‑Rich Retirees
  Actual retirement spending remains conservative, with average retirement expenses in 2026 equal to about 49% of pre‑retirement income. Yet more than 72% of retirees say they would have done something differently in preparing for retirement, most notably saving or investing earlier, learning financial planning earlier and communicating more openly with family about money and care needs. This pattern emphasizes that future retirees should start disciplined saving, investing and family financial discussions much earlier, even when their asset position appears comfortable.
• MPF Transitioning Toward Income Support: While most eligible retirees still treat MPF as a lump sum, with about 76% having fully withdrawn their benefits in 2026, the scheme is gradually shifting toward an income‑support role, as 22% now use MPF to fund monthly expenses, up from 12% in 2023. Retirees are encouraged to treat MPF as part of a structured retirement income strategy, considering phased withdrawals, annuity‑style income solutions, and planned drawdowns rather than a single cash‑out, converting accumulated MPF assets into a more predictable and sustainable retirement paycheck.

Hashtag: #IFPHK #YFLife #RetirementPlanning

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

About “IFPHK x YF Life: Hong Kong–Macau Retirement Expense Index”

The “IFPHK x YF Life: Hong Kong–Macau Retirement Expense Index” was jointly launched in 2026 by the Institute of Financial Planners of Hong Kong (IFPHK) and YF Life Insurance International Limited. Since 2020, the Index has been the only long-term, retirement-specific benchmark tracking retirees’ actual living expenses. As the first study of its kind by IFPHK, the Index tracks and measures long-term changes in retirees’ actual living expenses with reference to the Composite Consumer Price Index (CPI) and the expenditure weightings published by the Government.

In the Hong Kong survey conducted in June 2026, NielsenIQ (NIQ) interviewed 304 retirees aged 55 to 74 with monthly personal income of at least HK$20,000 before retirement and not receiving means-tested social security or charitable support.

About IFPHK

IFPHK was established in June 2000 as a non-profit organization for the fast–growing financial industry. The Institute is the sole licensing body in Hong Kong authorized by Financial Planning Standards Board Limited to grant the much-coveted and internationally recognized CFP® certification and AFP® certification to qualified financial planning professionals in Hong Kong and Macau. Currently there are more than 236,000 CFP certificants in 29 regions; the majority of these professionals are in the U.S., China, Japan, Canada and Brazil. As at 28 February 2026, Hong Kong had approximately 3,238 CFP certificants.

At present, IFPHK has 5,298 members in Hong Kong including 956 Qualified Retirement Adviser (QRA) holders; and represents financial planning practitioners in diverse professional backgrounds such as banking, insurance, independent financial advisory, stock broking, accounting, and legal services.

About YF Life Trustees Ltd. & YF Life

YF Life Trustees is a member of YF Life Insurance International Limited (YF Life), and was among the first group of institutions approved as a Mandatory Provident Fund (MPF) scheme trustee. The company specializes in providing MPF services and is committed to creating long-term value for its scheme members.

The major indirect shareholders* of YF Life Insurance International Limited (“YF Life”) include Massachusetts Mutual Life Insurance Company (“MassMutual”), which itself has over 170 years of experience and is one of the Five Largest US Life Insurance Companies**, as well as Yunfeng Financial Holdings Limited, among others. YF Life is a long-term strategic partner of Barings. We stay at the forefront of Hong Kong’s insurance industry with our superior global investment capabilities, extensive partnership network, and fintech innovation.

* MassMutual and Yunfeng Financial Holdings Limited have indirect shareholdings in YF Life.
** The “Five Largest US Life Insurance Companies” are ranked according to the results of “Insurance: Life, Health (Mutual)” and “Insurance: Life, Health (Stock)”on total revenues for 2025, and based on the FORTUNE 500 as published on June 3, 2026.

Project integrates UNESCO-recognized Can Gio mangrove forest as core climate infrastructure, expanding ESG to include Regeneration and Climate Adaptation

HANOI, VIETNAM – Media OutReach Newswire – 26 August 2026 – Vinhomes Green Paradise, the 2,870-hectare coastal urban development in Can Gio, has become the first greenfield project worldwide to receive the Interim Custom ISO 37122 Smart City Certification from the World Council on City Data (WCCD), even before the arrival of its first residents.

The milestone reinforces Vinhomes’ pioneering “ESG++” model for the project, a framework that moves beyond traditional environmental, social and governance pillars to explicitly incorporate Regeneration and Climate Adaptation as core design principles.

By placing the adjacent UNESCO-recognized Cần Giờ Mangrove Biosphere Reserve at the center of its urban strategy, rather than treating it as peripheral landscape, Vinhomes is demonstrating that large-scale coastal development can simultaneously address biodiversity loss, carbon sequestration and long-term climate resilience.

A measured response to the global urban health crisis

The urgency of rethinking urban models is underscored by global health data. According to the Health Effects Institute’s State of Global Air 2025 report, air pollution was linked to 8.1 million deaths worldwide in 2021, overtaking tobacco to become the second-leading global risk factor for death and the leading cause of death for children under five after malnutrition. The World Health Organization estimates that approximately 89% of the 4.2 million annual premature deaths attributed to outdoor air pollution occur in low- and middle-income countries, precisely the regions experiencing the fastest urban growth.

This reality has redirected global capital flows. Grand View Research projects the global smart-city market to reach USD 3.76 trillion by 2030, compounding at nearly 30% annually, one of the fastest expansion rates across any industry sector. In this context, the question is no longer whether smart cities are worth building, but which developments can demonstrate independently verifiable performance.

Vinhomes Green Paradise has addressed this global benchmark through its Interim Custom ISO 37122 Smart City Certification, awarded by the World Council on City Data (WCCD), which validates its smart infrastructure and data-driven urban governance against international standards.

Moving beyond conventional standards, the project operates under an elevated philosophy known as ESG++, integrating two commitments that extend well past standard corporate reporting: Regeneration and Climate Adaptation. Under the pillar of Regeneration, the development goes beyond traditional conservation by actively restoring local coastal ecosystems through targeted mangrove reforestation, biodiversity preservation and community environmental education.

Concurrently, its Climate Adaptation strategy re-engineers urban infrastructure to proactively withstand long-term environmental hazards such as sea-level rise, storm surges and coastal erosion, ensuring the city is built for future resilience rather than simply reacting to present conditions.

Community perspectives reflect the broader appeal of this approach. Ho Chi Minh City-based content creator FABO Nguyen, speaking to CNBC, described his affection for the city’s dynamism alongside growing concerns about air quality and congestion. For him, and for many urban residents weighing similar trade-offs, the Vinhomes Green Paradise model offers a forward-looking alternative that does not require leaving the region, but instead redefines what a sustainable, livable urban environment can look like.

Mangrove forests as climate infrastructure

What sets Vinhomes Green Paradise apart from most coastal megaprojects globally is not merely its size, but its ecological adjacency. The development borders the Can Gio Mangrove Biosphere Reserve, a UNESCO-recognized site spanning over 75,000 hectares, one of southern Vietnam’s most valuable natural assets.

Recent scientific research has revalued the role of mangroves in climate regulation. A study published in Nature Communications indicates that while mangroves account for just 0.36% of global forest area, they sequester carbon per hectare at nearly four times the rate of mature terrestrial forests, making them among the most efficient natural carbon sinks on Earth. According to the Blue Carbon Initiative, a single hectare of mangrove forest can store carbon equivalent to approximately 1,500 tons of CO₂, a figure no concrete structure can replicate.

Against a backdrop where global mangrove cover has declined by as much as 67% in some estimates, Vinhomes has adopted a preservation-first strategy. The Vinhomes Green Paradise master plan limits building density to just 16% of the total area and establishes a dedicated Forest Regeneration and Climate Adaptation Fund. These measures treat the adjacent mangrove ecosystem not as passive scenery but as active, natural defensive infrastructure against coastal erosion and storm surges, precisely the approach that climate scientists are urging coastal cities worldwide to adopt.

This ecological commitment aligns with measurable economic value. JLL’s research across Asia Pacific, based on an analysis of nearly 3,100 Grade A office buildings in 14 cities, shows that green-certified buildings can command rental premiums as high as 28% over non-certified equivalents in the region’s tightest markets, with supply continuing to lag behind occupier demand. Sustainability, in other words, has ceased to be simply a virtue and has become a measurable asset class.

Similarly, the global energy transition reinforces the viability of Vinhomes Green Paradise’s renewable-energy targets. The Global Wind Energy Council forecasts offshore wind capacity to nearly triple from 83 GW in 2024 to approximately 238 GW by 2030, while the International Energy Agency projects global renewable capacity to grow by 4,600 GW over the same period, equivalent to adding the combined current generation capacity of China, the European Union and Japan. Against this backdrop, Vinhomes Green Paradise’s ambition to run on offshore wind, solar and battery storage reflects a broader global trajectory rather than an isolated pledge.

A blueprint for 21st-century urbanization

Taken together, the ISO 37122 certification, the ESG++ framework, the strategic integration of the Can Gio mangrove ecosystem and the economic revaluation of green assets, Vinhomes Green Paradise presents a coherent response to a defining question in contemporary real estate: how to build cities that are both worth living in and built to endure.

The project’s recognition as the first Official Participant in New7Wonders’ global “7 Wonders of Future Cities” campaign further underscores its international relevance. Vinhomes Green Paradise serves as a notable reference point for coastal urban development, illustrating how economic growth and ecological preservation can be integrated in regional contexts.

Hashtag: #Vinhomes

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

About Vinhomes

Vinhomes is Vietnam’s largest residential real estate and integrated township developer. The company pioneers the development of synchronized, modern large-scale townships, delivering premium living standards and unlocking sustainable investment opportunities for domestic and international clients.

By Subrata Majumder In the post Japanese Yen appreciation era, Japanese overseas investment shifted to China and ASEAN for low-cost manufacturing, leaving India behind. The trajectory is now witnessing movement in the reverse gear, owing to US President Trump’s high reciprocal tariff. Japanese investment has surged in India, leaving China and ASEAN behind. While Japanese […]

The article Trump’s high-tariff regime revives Japanese investment in India appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

The facility, launched on August 18, expands the company’s Korea region only about 14 months after its second data centre began operating. Alibaba Cloud established its first South Korean data centre in 2022 after entering the market in 2016, reflecting a faster infrastructure build-out as demand for generative AI and enterprise AI agents increases.

The third site adds capacity for computing, storage, networking, databases, security, containers and cloud-native services. It will also support workloads requiring lower latency and stronger disaster-recovery arrangements, while giving customers more options to distribute applications across separate facilities.

Alibaba Cloud has not disclosed the new centre’s power capacity, investment cost, number of graphics processing units or current utilisation rate. The company has indicated that additional computing equipment can be installed as customer demand expands.

Operating three data centres also changes the resilience of Alibaba Cloud’s South Korean infrastructure. With two facilities, disruption at one centre could leave the remaining location handling workloads alone. The addition of a third allows applications to remain distributed between two facilities if another suffers an outage.

The expanded configuration has enabled Alibaba Cloud to raise the service-level availability commitment for its Korea region from 99.95% to 99.99%, strengthening its pitch to companies running business-critical applications and AI services.

Enterprise AI is becoming an increasingly important part of that strategy. Alibaba Cloud is introducing six agentic AI services in South Korea covering development, testing, deployment, operations and cybersecurity. They include AgentRun, STAROps, ACS Agent Sandbox, Agent Security Center, AI Security Guardrails 2.0 and Agentic SOC.

The services are aimed at companies seeking to move AI agents from experimental projects into production environments, where governance, reliability and security become more demanding. Enterprises are increasingly looking beyond access to large language models towards infrastructure capable of operating autonomous or semi-autonomous software agents at scale.

Alibaba Cloud is pairing those services with its broader full-stack AI offering, including infrastructure, development platforms and the Qwen family of AI models. Qwen models have recorded more than 3 billion downloads globally, while developers have created more than 300,000 derivative models based on the family.

South Korean companies are already using parts of Alibaba Cloud’s AI ecosystem. Gwangju-based Gendive has integrated Alibaba models including Wan for video generation and HappyHorse for image generation into its DevDive enterprise automation platform. NAVER Z’s ZEPETO platform also uses Alibaba Cloud infrastructure to support real-time 3D avatar generation and immersive services across Asian markets.

Alibaba Cloud has built local partnerships with companies including Megazone Soft and Team Sparta, seeking to combine its infrastructure with consulting, implementation and industry-specific services. Such alliances are important in a South Korean cloud market where global hyperscalers compete with strong domestic technology groups.

Data sovereignty is another factor shaping cloud investment. Businesses handling sensitive information increasingly want workloads hosted within national borders, particularly as regulators pay greater attention to cybersecurity, resilience and governance surrounding AI systems. Alibaba Cloud says its South Korean infrastructure is designed to comply with applicable local data-protection and cybersecurity requirements.

The Korea expansion forms part of Alibaba’s wider commitment to spend about 380 billion yuan, roughly $53 billion when the programme was announced, on AI and cloud infrastructure over three years. The group has already committed substantial capital to computing capacity, chips and AI development as it attempts to establish cloud services as a larger growth engine.

Alibaba Cloud revenue rose sharply in the April-June quarter of 2026, with cloud and AI-related sales reaching about 48.4 billion yuan and growing 45% from a year earlier. The expansion has come at a cost: Alibaba’s quarterly capital expenditure climbed to nearly 67.7 billion yuan as spending on computing infrastructure and semiconductor components increased.

The company has also expanded cloud infrastructure in France, Japan, Malaysia and Mexico. With the new South Korean facility, Alibaba Cloud says its global network has reached 104 availability zones across 30 regions.

From surging sports interest to last-minute purchase, Hong Kong users are eager for greater access to live entertainment experiences

HONG KONG SAR – Media OutReach Newswire – 24 August 2026 – With the excitement of football events and chart-topping concerts still reverberating across the city, Hong Kong is carrying the momentum into a vibrant summer of live entertainment. Capturing the pulse of the moment, MoreTickets, Asia’s No.1* live event ticket resale platform, releases Hong Kong’s top international and local live events[1] scheduled for the summer period (July and August), alongside consumer insights into platform users’ ticket-buying behavior.

Concerts Top Summer Searches as Sports Interest Surges

MoreTickets offers a wide range of live entertainment events worldwide, including popular concerts, sporting events, theatre performances and many more. Concerts continue to drive the summer entertainment landscape, capturing the majority of user interests. According to MoreTickets data1, the “Concert” category accounts for nearly two-thirds of all searches for live events or shows scheduled in July and August, reinforcing the city’s demand for major headline acts. Interest in “Sports” category is also rising, with searches up about 150% year on year, reflecting heightened appetite for major matches and global tournament moments this summer.

Top 10 Most–Searched Live Events Scheduled for July and August[1]:

Local Hong Kong artists and city-based performances remain highly searched, representing more than 70% of total searches, led by Sammi Cheng and MC Cheung, two renowned local singers who appeal spans generations. Fueled by global FIFA World Cup fever, the Hong Kong Football Festival emerged as a breakout hit, ranking the third among the top searches.

Hong Kong Live Event Goers Made Last-Minute Purchase, and Rise in Single-Ticket Purchases

In Hong Kong, MoreTickets users are deciding closer to the event date. MoreTickets purchase data[2] shows that nearly two out of five ticket transactions were made within seven days of the show (37%), signaling a more spontaneous approach to live entertainment planning. This last-minute pattern is strongest in event categories such as pop music concerts (55%) and fan meetings (40%). Among those last-minute buyers, 60% of the purchases opted for single-seat tickets, underscoring strong eagerness to attend live shows, supported by the platform’s real-time availability andtransparent pricing. MoreTickets helps users compare across the spectrum and secure the best fit with confidence.

Top 10 Events Purchased Within 7-Days of Event Date in May 2:

A Safer Way to Find Tickets with MoreTickets

As live entertainment demand becomes more immediate and fragmented, many consumers still struggle when trying to secure tickets through various channels. MoreTickets offers an alternative as a safer platform with real-time availability, transparent-priced listing, and a secure refund guarantee, making it a reliable choice for live-event goers. It operates with two core safeguards – vetted sellers supported by a verified ticket-sourcing network, and escrow-based payment held until successful event entry.

Trusted by millions of users, MoreTickets helps users secure ticket access safely, ensuring they can enjoy the live entertainment moments that matter.

Hashtag: #MoreTickets

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

About MoreTickets

MoreTickets is Asia’s No.1* live event ticket resale platform, dedicated to providing convenient, secure, and hassle-free ticketing services. The platform covers a wide range of live entertainment, including popular concerts, sporting events, theatre performances, and more. To date, MoreTickets is trusted by millions of users in Hong Kong and Macau, with its ticket sourcing network spanning major global live events across Hong Kong, Macau, Taiwan, as well as Japan, South Korea, Southeast Asia, Australia, Europe and the Americas.

By integrating comprehensive event information and ticket sources, MoreTickets helps users quickly search and compare options while offering end-to-end services, including secure payment, order protection, and post-sale support. The platform is committed to delivering a seamless, intuitive, and reliable ticketing experience, ensuring users never miss out on their most anticipated shows.

*Measured by GMV of live event ticket resale platform in Asia in 2025 (According to Frost & Sullivan’s research on the live event resale platform industry in Asia, as of May 2026

For more information, please visit https://www.moretickets.com/.

Local Franchise Model to Enhance Operational Efficiency and Support Sustainable Growth

SINGAPORE – Media OutReach Newswire – 20 August 2026 – International Housewares Retail Company Limited (“IH Retail” or the “Group”, stock code: 1373), the parent company and owner of the “Japan Home” brand in Singapore, is pleased to announce that all “Japan Home” stores in Singapore have resumed operations and are open for business.

Following the completion of the transition arrangements, all relevant stores have reopened on 20 August 2026.

On 13 August 2026, an indirect subsidiary of the Group entered into a three-year master franchise agreement with the Singapore master franchisee, Radha Export Pte. Ltd (“Radha”), the company which is the engine behind the ABC and Valu$ stores in Singapore, and completed the handover of the existing stores on 19 August 2026. The agreement grants the master franchisee the exclusive right to operate the “Japan Home” business in Singapore, including through sub-franchisees, and to establish additional outlets at suitable locations.

Radha combines extensive experience in consumer goods and wholesale distribution with strong local operational expertise and a well-established supply chain network. By leveraging the Radha’s local capabilities, the Group expects to enhance store operating efficiency, improve its responsiveness to market demand and maintain strong brand awareness in Singapore. The local franchise model is also expected to support the continued expansion of the “Japan Home” brand’s reach and influence in Singapore and across the Southeast Asian market over the next three years.

This strategic restructuring represents an important step in optimizing the Group’s regional business structure, improving operational quality and enhancing efficiency. The Group remains confident in the long-term development of the Singapore market and is committed to ensuring customers continue to enjoy shopping at “Japan Home” stores in Singapore.

Hashtag: #JapanHome

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