By Asad Mirza In today’s fractured world, fissures caused mostly by the ongoing Trumpomania, every nation is working post haste to forge new alliances particularly focussed on trade. The best example of this is the India-EU partnership FTA, to be formalized on January 27.. The enhanced partnership is going to eliminate tariffs on more than […]
HANOI, VIETNAM & TEL AVIV, ISRAEL – Media OutReach Newswire – 27 January 2026 – VinFast and Autobrains, a leading AI innovator in the automotive industry, today announced a strategic partnership on developing autonomous driving technology L2++ and a new autonomous vehicle architecture capable of transforming virtually any car into a self-driving “robo-car.” The collaboration underscores its growing technological strength and reinforces the commitment to advancing autonomous solutions that deliver cutting-edge yet accessible vehicle technology for people everywhere.
The strategic collaboration focuses on the research and development of enhanced L2++ autonomous driving technologies for future VinFast electric vehicles.
The strategic collaboration focuses on the research and development of enhanced L2++ autonomous driving technologies for future VinFast electric vehicles. VinFast’s current EV passenger lineup is equipped with Level 2 driving assistance features, and the upgraded L2++ system is already undergoing pilot testing on the VF 8 and VF 9 models. This partnership establishes a strong foundation for VinFast to progressively integrate more advanced autonomous capabilities across its full product portfolio, underscoring the company’s commitment to delivering safer, smarter, and more intuitive mobility experiences for customers worldwide.
In addition, the partnership will explore and develop the “Robo-Car” system — a first-of-its-kind AI architecture that eliminates the need for costly LiDAR, radar arrays, or HD maps. Instead, the system leverages seven standard cameras and a compact, high-performance computing chip capable of processing approximately 20 trillion operations per second, enabling advanced autonomous functionality at a fraction of the cost and complexity of traditional systems.
The Robo-Car system is powered by Autobrains’ Agentic AI architecture, which adapts to real-time driving scenarios with humanlike precision while minimizing computational demand and removing the need for costly hardware. Combined with Autobrains’ Air-to-Road localization, a camera-based mapping technology that fuses real-time visual data with satellite imagery to eliminate HD map dependence, this foundation enables a scalable and affordable Level 4 autonomous solution for both emerging and advanced markets. VinFast and Autobrains are now testing the Robo-Car in controlled zones in Hanoi, with plans to expand trials to larger cities and international markets.
Prof.-Dr. Nguyen Van Duong, Global Deputy CEO of VinFast and Director of ADAS/AD Research Institute, said:”VinFast’s strategic partnership with Autobrains is helping shape a disruptive approach to affordable autonomous driving that fits our long-term vision for global mobility. We aim to move advanced driving technology from early adopters to everyday drivers. VinFast is committed to making autonomous mobility safe, affordable, and available to all.”
Mr. Igal Raichelgauz, CEO of Autobrains, said: “The Robo-Carwe’re developing with VinFast is performing autonomous driving in real traffic with confidence and precision. It marks meaningful progress toward a future where drivers everywhere can enjoy safety, comfort, and freedom through autonomy. It also reflects our shared mission of making advanced autonomous capability accessible to everyone.”
VinFast is accelerating its global growth by expanding production capacity, broadening its product portfolio, and strengthening its presence in key international markets. The company continues to build momentum by working with leading local and international partners to integrate advanced technologies, enhance service quality, and elevate the overall vehicle experience. These collaborations allow VinFast to combine global expertise with its own rapid innovation, supporting the company’s mission to deliver high-quality, intelligent, and accessible electric vehicles to customers worldwide.
Hashtag: #VinFast
The issuer is solely responsible for the content of this announcement.
About VinFast
VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure-play electric vehicle (“EV”) manufacturer with the mission of making EVs accessible to everyone. VinFast’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses.
VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe, the Middle East and Asia.
Autobrains is a leading AI company in the automotive industry. The company developed a paradigm-shifting AI technology called Agentic AI, backed by more than 300 patents addressing core autonomous driving challenges. Autobrains’ solutions for ADAS and autonomous driving offer advanced perception capability, low compute requirements, and sensor and SoC flexibility. The company is supported by strategic investors including Temasek, Knorr-Bremse AG, BMW i Ventures, Toyota Ventures, VinFast, Continental AG, and Autel.
Arabian Post Staff -Dubai Kuwait has cancelled nine upstream oil tenders with a combined value approaching $10 billion after bids submitted by overseas contractors exceeded the approved budget by a wide margin, signalling a pause in the country’s near-term expansion plans and a reset of procurement expectations across the energy sector. The tenders were issued by the state-owned Kuwait Oil Company, the upstream investment arm tasked with […]
HONG KONG SAR – Media OutReach Newswire – 26 January 2026 – The 19th Asian Financial Forum (AFF), opened this morning (January 26) at the Hong Kong Convention and Exhibition Centre with more than 3,600 influential leaders from over 60 countries and regions joining the two-day summit, the region’s first major international financial event of 2026.
Co-organised by the Hong Kong Special Administrative Region (HKSAR) Government and the Hong Kong Trade Development Council (HKTDC), this year’s AFF, themed “Co-creating New Horizons Amid an Evolving Landscape”, takes on added significance being the first such event of China’s 15th Five-Year Plan period (2026-2030).
“Featuring more than 150 prominent speakers, from Hong Kong, throughout the Asian region and around the world, the Forum will inspire insight and innovation, create partnerships and explore fresh business opportunities,” John Lee, Chief Executive of the HKSAR, said in his opening remarks at the Forum.
Mr Lee also spoke of the boundless opportunities for Hong Kong under the unique principle of “one country, two systems”, that assures Hong Kong of the unwavering support of China, while continuing to expand its global markets and reach.
“This unparalleled positioning solidifies our institutional strengths: the rule of law, a judiciary that exercises its power independently, an open and transparent market, the free flow of capital and a low and simple tax regime,” Mr Lee said.
Mr Lee later witnessed the signing of a co-operation agreement between the Financial Services and the Treasury Bureau and the Shanghai Gold Exchange, marking a new milestone in deepening co-operation between the gold markets of Hong Kong and Shanghai.
The agreement was signed by the Secretary for Financial Services and the Treasury, Christopher Hui, and the Chairman of the Shanghai Gold Exchange, Yu Wenjian.
“The agreement just now signed is far more than a formal document,” said Mr Hui.
“It represents a resolute commitment to advancing the synergistic development of Hong Kong and Shanghai as premier international financial and gold markets. It reflects our joint determination to deepen the integration and complementary strengths of Hong Kong and Shanghai, so that together we can expand our share and influence in the global gold market, and better support Renminbi internationalisation.”
Mr Hui outlined the strategic significance of the agreement and the overall development blueprint for Hong Kong’s gold market.
“In recent years, amid heightened geopolitical uncertainty, inflationary pressures, and ongoing restructuring of the international monetary system, the strategic importance of gold has become even more pronounced,” Mr Hui said.
The agreement covers two major forward-looking areas of co-operation: establishing a high-level, collaborative governance structure for Hong Kong’s new gold central clearing system; and opening new avenues for physical infrastructure synergy and market interconnectivity.
“The signing of this agreement with the Shanghai Gold Exchange marks the dawn of a new chapter—one in which Hong Kong and Shanghai join forces to shape the future of global gold markets,” Mr Hui said.
A discussion session on gold trading themed “Global Spectrum – Gold Exchange” features expert panelists invited to examine recent market developments and share insights on Hong Kong’s role, potential and opportunity as a world-class gold trading centre. Speakers include overseas experts James Emmett, Chief Executive Officer, MKS PAMP SA and David Tait, Chief Executive Officer, World Gold Council.
Other highlights on day one of the AFF include a keynote luncheon speech by Dr José Manuel Barroso, former President of the European Commission, former Prime Minister of Portugal, and current Chairman of Goldman Sachs International Advisory Board, to share his insights on the current global landscape and macro‑level challenges.
Other notable speakers today include Zou Jiayi, President of Asian Infrastructure Investment Bank; Scott Morris, Vice-President (East and Southeast Asia, and the Pacific) of the Asian Development Bank; Mehmet Şimşek, Minister of Treasury and Finance of Türkiye; Klemen Boštjančič, Deputy Prime Minister and Minister of Finance of Slovenia; H.E. Waleed Saeed Abdul Salam Al Awadhi, Chief Executive Officer of Securities and Commodities Authority of United Arab Emirates; Burkhard Balz, Member of the Executive Board of the Deutsche Bundesbank; Rhee Chang-yong, Governor of the Bank of Korea; and Gokul Laroia, Chief Executive Officer Asia of Morgan Stanley.
The AFF serves as the opening event of the International Financial Week in Hong Kong, featuring over 10 partner activities covering a range of global financial and business topics, including ASEAN opportunities, asset and wealth management, and artificial intelligence.
Arabian Post Staff -Dubai Casagrand has begun construction of Casagrand Hermina at Dubai Islands, signalling the Chennai-headquartered developer’s formal entry into the emirate’s premium waterfront housing market and marking a strategic expansion beyond South Asia. The ground-breaking ceremony, held at the project site, brings Casagrand’s development playbook to one of Dubai’s most closely watched island clusters, where large-scale regeneration plans are reshaping the northern coastline. Casagrand Hermina […]
Arabian Post Staff -Dubai The United Arab Emirates is set to make its first appearance at the Winter Olympic Games, marking a significant expansion of the country’s sporting footprint beyond its traditional strengths in summer and indoor disciplines. The UAE has qualified to compete at the Milano Cortina 2026 Winter Olympics, scheduled for February 2026 in Italy, becoming the first Gulf nation to debut at the Winter […]
Advancing R&D, talent development and the region’s energy transition
SINGAPORE – Media OutReach Newswire – 26 January 2026 – ST Telemedia Global Data Centres (STT GDC), one of the world’s fastest growing data centre colocation providers headquartered in Singapore, today announced two significant initiatives that strengthen Singapore’s position in the global digital and energy transition: the launch of the FutureGrid Accelerator, Southeast Asia’s first live High Voltage Direct Current (HVDC)-powered AI infrastructure testbed; and a suite of strategic Memoranda of Understanding (MOUs) with four Institutes of Higher Learning (IHLs) to advance skills development and expand internship and early career pathways for Singaporeans entering the workforce. These initiatives align with national efforts to support talent graduating into a challenging job market, while building the specialised capabilities required for next generation power and digital infrastructure.
Celebrating the official launch of the FutureGrid Accelerator; a new benchmark for HVDC-powered AI infrastructure in the region.
[Pictured from left to right] Lim Kian Tiong, Chief Financial Officer, LITEON; Bruno Lopez, President & Group Chief Executive Officer, ST Telemedia Global Data Centres; Minister Gan Siow Huang, Minister of State, Ministry of Foreign Affairs & Ministry of Trade and Industry; Professor Lam Khin Yong, Vice President (Industry), Nanyang Technology University Singapore; Brian Dow, Chief Executive Officer, Amperesand.
Officiated by Ms Gan Siow Huang, Minister of State for Foreign Affairs and Trade & Industry, the announcement underscores a national push to build capabilities not only for AI-ready data centres, but also for the wider energy ecosystem, as Singapore and the region pursue net-zero ambitions.
FutureGrid Accelerator: HVDC innovation for AI and the wider energy transition Located at the Nanyang Technological University, Singapore (NTU Singapore) Electrification and Power Grids Centre (EPGC) on Jurong Island, the FutureGrid Accelerator is a pioneering initiative jointly developed by STT GDC and LITEON, supported by the Energy Research Institute @ NTU (ERI@N) and NTU deep-tech spinoff Amperesand. It is the region’s first live testbed demonstrating HVDC integration with real AI workloads, addressing the high-density and high-resiliency requirements of next-generation AI computing.
While central to the future of AI data centre architecture, HVDC represents a broader opportunity: it is a foundational technology that supports more efficient, resilient and integrated power systems. This is critical for Singapore’s long-term energy strategy, its transition to low-carbon energy grids and the region’s increasing need for sustainable power delivery.
Why HVDC Matters: A scalable platform beyond the data centre As AI and high-performance computing workloads scale, traditional alternating current (AC) power systems face inherent limitations. HVDC overcomes these constraints and delivers several transformative benefits:
Up to 30% overall energy savings compared to conventional AC systems
A reduction of up to 400 tonnes of CO2 equivalent (CO2e) per megawatt per year
45% lower copper consumption and a 30–40% smaller power-infrastructure footprint
The ability to support ultra-high-density racks exceeding 1,000kW, with higher reliability and lower cost
Native compatibility with renewable power sources able to feed directly to the direct-current system, avoiding inefficient power conversions
“The FutureGrid Accelerator is a strategic investment in Singapore’s long-term digital leadership,” said Bruno Lopez, President and Group Chief Executive Officer, ST Telemedia Global Data Centres. “By bringing together global industry leaders like LITEON with local deep-tech talent such as Amperesand, we are building infrastructure that is ready for future AI workloads while pioneering sustainable practices and setting new benchmarks for energy efficiency and carbon-conscious innovation. This initiative reflects our commitment to future-ready technologies and reinforces Singapore’s position as a global Centre of Excellence for advanced sustainable digital infrastructure. It is a bold step forward in shaping the future of data centres and accelerating energy transition across the region.”
Ms Gan Siow Huang, Minister of State for Foreign Affairs & Trade and Industry, said: “The FutureGrid Accelerator demonstrates how industry and academia can work together to drive innovation and strengthen Singapore’s global leadership in cutting-edge technologies. I also welcome STT GDC’s partnerships with ITE and SP, which will add to the suite of training options for the rapidly growing areas of AI and energy-efficient systems.”
The FutureGrid Accelerator will validate HVDC system performance at power loads of at least 325kW, incorporating the latest AI servers. The environment incorporates LITEON’s data centre reference architecture with Amperesand’s Solid State Transformer (SST) technology—an enabling innovation for next-generation HVDC deployment. STT GDC plans to deploy this technology in future data centres in Singapore and progressively scale adoption across its global operations.
“LITEON is committed to advancing the frontier of power management efficiency, and our collaboration with STT GDC and Amperesand is key to establishing the next standard for sustainable AI infrastructure in Asia,” said Jason Tsao, Head of Direct Current Microgrid at LITEON. “By deploying an end-to-end data centre reference architecture and integrated power management system in a live environment with STT GDC and partners, we are validating a high-density, energy-saving solution ready to meet the extreme demands of global technology leaders.”
“The FutureGrid Accelerator underscores NTU’s role as a strategic partner in shaping the future of sustainable AI infrastructure”, said Prof Lam Khin Yong, NTU’s Vice President (Industry). “By integrating cutting-edge HVDC technologies with our research capabilities and the entrepreneurial drive of NTU spin-offs like Amperesand, we are advancing impactful solutions that can significantly enhance energy efficiency and grid resilience. This collaboration showcases how universities can drive transformative innovations at the intersection of energy, digitalisation and sustainability.”
“Amperesand is obsessed with revolutionising Medium Voltage to critical load power delivery for next-generation AI data centres, defence, and other essential electrified assets. We focus on first principles to achieve market leading power density, efficiency, and reliability,” said Brian Dow, CEO and Co-Founder of Amperesand. “In this era of AI data centre and other critical power systems becoming economic and national security interests for many countries, Amperesand’s MV SST Platform enables in-country cyber-secure controls and data, regionally available supply chains, and low CAPEX intensity local manufacturing. Our solution is an intelligent, universal Medium Voltage power source that works on-and-off grid to improve critical infrastructure resilience as new large electrical loads come online.”
Developing Energy-Ready Skills: Partnerships with ITE, SP, NTU and NUS STT GDC signed MOUs with the Institute of Technical Education (ITE), Singapore Polytechnic (SP), NTU Singapore and National University of Singapore (NUS). These partnerships will benefit more than 8,000 Singaporeans over five years through industry-aligned training in AI infrastructure and sustainable energy systems. This ensures the scaling of HVDC—and the broader energy transition—is matched by the transformation and availability of skills, jobs and talent development pathways.
Mr Lopez added, “Talent is the decisive enabler as we advance AI and sustainability infrastructure. These partnerships build a skilled workforce needed to strengthen Singapore as a global hub for advanced digital and energy systems.”
Key initiatives and impact:
Building a talent pipeline: STT GDC will provide internship placements across ITE, SP, NTU and NUS over the next five years, with support from Enterprise Singapore. The programme offers immersive, hands-on experience in data centre operations and corporate functions such as IT, sustainability, finance and marketing, supported by mentoring from industry professionals. In addition, STT GDC will offer 100 sponsorships for Data Centre Foundation Certificate (DCFC®) offered by EPI, a global certification body for data centre facilities, data centre operations and industry professionals, accelerating entry into the sector.
Developing industry-ready talent with ITE: The collaboration with ITE will benefit approximately 800 students annually — totalling 2,400 students over three years — from ITE’s engineering and information and communications technology (ICT)-related Higher Nitec and Work-Study Diploma courses. Key initiatives include co-developing industry-relevant curricula for full-time and Continuing Education & Training (CET) courses in data centre operations and sustainability; deploying a data centre virtual reality system at the ITE Extended Reality Centre for immersive training; supporting lecturer attachments and student internships; and enabling students to pursue the sponsored DCFC® course.
Sustainability leadership with SP: The partnership with SP develops expertise in environmental sustainability and green data centre solutions. Initiatives include joint exploration of green technologies and practices; industry seminars and events to promote sustainable solutions; and targeted programmes for training, mentorship, applied projects and internships.
Innovation and research leadership with NTU: The partnership with NTU combines cutting-edge joint R&D of solutions for AI data centres powered by direct current sources; training, curriculum and talent development for the AI data centre sector; industry and career talks; and internship opportunities across STT GDC’s group of companies.
Graduate pathways with NUS: STT GDC’s collaboration with NUS supports accessible entry points for graduates through internships, training opportunities and ongoing career and industry engagement to raise awareness of digital infrastructure pathways.
The issuer is solely responsible for the content of this announcement.
About ST Telemedia Global Data Centres
ST Telemedia Global Data Centres (STT GDC) is one of the fastest-growing data centre providers with a global platform serving as a cornerstone of the digital ecosystem that helps the world to connect. Powering a sustainable digital future, STT GDC operates across Singapore, the UK, Germany, Italy, India, Thailand, South Korea, Indonesia, Japan, the Philippines, Malaysia and Vietnam, providing businesses an exceptional foundation that is built for their growth anywhere. For more information, visit https://www.sttelemediagdc.com/
Appendix: Partner Quotes
Mr Peter Lam, Chief Executive Officer, Institute of Technical Education (ITE): “At ITE, our focus is on equipping our students with future-ready skills for Singapore’s evolving economy. Through the partnership with STT GDC, our students gain valuable real-world training and exposure to advanced tools in data centre operations. This strengthens our efforts to prepare career-ready students and develop talent for Singapore’s growing digital infrastructure sector.”
Mr Soh Wai Wah, Principal and CEO of SP: “Singapore Polytechnic is committed to developing a future-ready workforce that can support Singapore’s growing demand for sustainable and resilient data centre operations. This partnership with STT GDC brings together our strengths in training, applied learning and industry collaboration to nurture talent in environmental sustainability and green solutions for data centres. Through co-developed programmes, mentorship, student projects and internships, we will build deeper capabilities and broaden pathways for learners to contribute to this important sector. SP looks forward to advancing this effort with STT GDC to support Singapore’s long-term industry and sustainability goals.”
Professor Lam Khin Yong, Vice President (Industry), Nanyang Technological University: “STT GDC is a partner that shares our commitment to advancing impactful research and developing future-ready talent. Leveraging NTU’s strengths in artificial intelligence, energy-efficient systems and translational innovation, this partnership will accelerate the co-development of next-generation AI data centre technologies while providing our students and researchers with valuable real-world experience. Together, we are helping to build a robust pipeline of skilled professionals who will support Singapore’s ambitions in sustainable and AI-driven digital infrastructure.”
Ms Joan Tay, Senior Director, NUS Centre for Future-ready Graduates: “NUS’ partnership with STT GDC is timely, as demand grows for skilled professionals to manage complex, high-density AI infrastructure. Through internships, training, industry engagement and access to recognised certification, we bridge education and industry to equip students with the skills and experience needed to thrive in today’s fast-evolving digital infrastructure space.”
US lawmakers have called on the Federal Trade Commission to take an expansive and rigorous look at the proposed roughly $55 billion acquisition of Electronic Arts by a consortium led by the Saudi Arabian Public Investment Fund, urging scrutiny of its potential impact on workers, studios and competition across the video-game sector. Leaders of the Congressional Labor Caucus and a broader group of House Democrats warned that […]
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Mubadala Investment Company has sold its minority holding in Arcadia Consumer Healthcare, completing its exit from the United States-based consumer health and wellness platform alongside the company’s acquisition by funds managed by Bansk Group. The transaction marks a change in ownership for Arcadia and reflects shifting investment strategies across the global consumer health sector, where private equity interest has intensified amid consolidation and portfolio reshaping. Arcadia, headquartered […]
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HONG KONG SAR – Media OutReach Newswire – 26 January 2026 – Dachser, a global logistics provider with over 90 years of experience, recently hosted a customer event in Bangkok, Thailand, bringing together customers and industry stakeholders to discuss the 2026 air and sea freight market outlook and the role of Supply Chain Optimization in navigating a challenging global trade environment.
Philipp Ramsbacher, Team Leader Supply Chain Optimization at Dachser, says today’s supply chains are too complex to rely on assumptions or past patterns. Data-driven simulation, rather than guesswork, helps create transparency, align expectations, and design logistics networks.
The event highlighted key developments shaping international trade flows, including geopolitical tensions, evolving sourcing strategies, capacity dynamics, and cost developments across air and sea freight markets. The discussions also underscored the growing importance of structured Supply Chain Optimization as companies adapt their logistics networks to changing market conditions.
“After several years of volatility, the air freight market is gradually moving toward a more balanced environment,” said Daniel Chua, Head of Air Freight, Air & Sea Logistics Asia Pacific at Dachser. “While demand fundamentals remain positive, careful capacity planning and realistic forecasting will be increasingly important as the market continues to normalize.”
In air freight, Dachser expects demand in 2026 to grow at a single-digit rate, supported by moderate capacity expansion and a normalization of rate patterns. While stable yields are anticipated, growth will continue to be driven by e-commerce, electronics – particularly AI-related components – and pharmaceuticals, alongside a structural shift of trade lanes toward Southeast Asia.
In sea freight, Dachser forecasts global demand growth to slow below three percent in 2026, despite continued strength in intra-Asia trade and Asia-Europe volumes. While fleet growth remains significant, supply and demand are relatively balanced, supported by blank sailings and vessel scrapping. Freight rates are expected to stabilize into early 2026, although uncertainty remains due to high operating costs and ongoing geopolitical developments.
“Even as rates soften, the market remains far from predictable,” said Eunice Yu, Head of Ocean Freight, Air & Sea Logistics Asia Pacific at Dachser. “Flexibility, diversified routing options, and realistic lead-time planning are essential for building resilient supply chains in the year ahead.”
Beyond outlooks: enabling resilience through Supply Chain Optimization
Beyond market analysis, Dachser sees that supply chains increasingly depend on structured, data-driven planning by taking a Supply Chain Optimization approach, which supports customers in analyzing, modeling, and redesigning logistics networks based on real operational data.
Philipp Ramsbacher, Team Leader of Supply Chain Optimization at Dachser says, “By applying Supply Chain Optimization with data-driven simulation, Dachser enables customers to evaluate scenarios, align stakeholders, and develop optimized and implementable supply chain solutions. These solutions help design logistics networks that are robust, efficient, and sustainable.”
Projects showcased during the event demonstrated measurable improvements, including cost savings, reduced CO₂ emissions, and enhanced delivery performance, underscoring the value of a structured Supply Chain Optimization approach.
With integrated air, sea, and contract logistics solutions and its strong presence across Asia Pacific as well as a well-established European road logistics backbone, Dachser continues to support customers navigate changing market conditions while strengthening long-term supply chain performance.
Hashtag: #Dachser
The issuer is solely responsible for the content of this announcement.
About Dachser
Dachser, a family-owned company headquartered in Kempten, Germany, provides transport logistics, warehousing, and customized services in two business fields: Dachser Air & Sea Logistics and Dachser Road Logistics. The latter consists of two business lines: Dachser European Logistics and Dachser Food Logistics. Comprehensive contract logistics services and industry-specific solutions round out the company’s range. A seamless shipping network—both in Europe and overseas—and fully integrated IT systems ensure intelligent logistics solutions worldwide.
Thanks to some 37,300 employees at 433 locations all over the globe, Dachser generated consolidated net revenue of approximately EUR 8 billion in 2024. The same year, the logistics provider handled a total of 83.2 million shipments with a tonnage of 44.1 million metric tons. Country organizations represent Dachser in 43 countries. For more information about Dachser, please visit dachser.com
In the DACHSER magazine, you will regularly find up-to-date reports, articles, and interviews on topics that concern us today and tomorrow: magazine.dachser.com
Arabian Post Staff -Dubai Ras Abu Fontas Power, the company behind one of Qatar’s key power and water infrastructure projects, has secured a financing agreement worth about $990 million with the Japan Bank for International Cooperation, strengthening the long-term funding base for the Facility E power and desalination project south of Doha. The JBIC funding represents part of a larger co-financing package totalling approximately $2.97 billion, assembled […]
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Abu Dhabi National Oil Company has become the first Emirati brand to secure a spot among the world’s 100 most valuable brands, highlighting its expanding global footprint and brand strength. The Brand Finance annual league table shows ADNOC’s brand value climbed 11 per cent year-on-year to US$21.13 billion for 2026, marking growth of more than 350 per cent since 2017 and placing it ahead of a number […]
US President Donald Trump has launched a high-stakes $5 billion legal challenge against JPMorgan Chase & Co. and its chief executive, Jamie Dimon, claiming that the country’s largest bank cut off banking services to him and his businesses for political reasons. The lawsuit, filed in Miami-Dade County, Florida, alleges the bank closed multiple accounts in 2021 and placed the president and his companies on an informal “blacklist” […]
India’s largest information technology services firms together reported a net reduction of close to 3,000 employees in the third quarter of the 2025–26 financial year, underscoring a structural shift in hiring as companies rebalance workforces around artificial intelligence, cloud platforms and higher-value digital engineering.
Quarterly disclosures showed that headcount at several bellwether firms edged lower despite stable deal pipelines. The combined net decline, modest by historical standards, contrasted sharply with the aggressive campus hiring and broad-based workforce expansion that defined the sector for more than a decade. Executives and analysts pointed to a “barbell” pattern in demand, with strong hiring at the high end for niche digital and AI skills and limited intake, or attrition-led pruning, in legacy application maintenance and commoditised services.
At Tata Consultancy Services, the country’s largest IT services exporter by revenue, total employee strength slipped during the quarter as voluntary attrition stayed elevated in certain service lines and fresh hiring remained selective. Infosys also reported a marginal fall in headcount, reflecting a focus on utilisation, internal redeployment and productivity improvements rather than large-scale lateral recruitment. Wipro and HCLTech posted similar trends, with management teams emphasising skill transformation over volume growth.
The net reduction came even as revenue growth stabilised sequentially for most firms, helped by cost optimisation deals, vendor consolidation and demand for cloud migration. Industry executives said the hiring slowdown was not a signal of weakening fundamentals but a recalibration after years of overcapacity built during the post-pandemic surge in digital spending.
What is different this cycle, analysts argue, is the depth of the technology shift reshaping delivery models. Generative AI tools, low-code platforms and automation frameworks are beginning to decouple revenue growth from headcount expansion. Routine coding, testing and support tasks are increasingly automated, reducing the need for large teams, while boosting productivity per employee.
This dynamic has produced the barbell model now widely discussed in boardrooms. On one end, firms are competing fiercely for specialists in data engineering, AI model deployment, cybersecurity, semiconductor design services and advanced cloud architecture. On the other, demand for entry-level roles tied to traditional application development and infrastructure support has softened, leading to fewer campus offers and limited backfilling of exits.
Management commentary during earnings calls reinforced this shift. Several chief executives highlighted large internal reskilling programmes, with tens of thousands of employees undergoing training in AI, machine learning and cloud-native technologies. The emphasis has moved from hiring for scale to building depth in targeted capabilities that command higher billing rates and longer-term client commitments.
Client behaviour has also played a role. Enterprises in North America and Europe, which account for the bulk of export revenues, continue to scrutinise technology budgets amid macroeconomic uncertainty. Discretionary projects have faced delays, while spending has been redirected toward efficiency-led initiatives where automation is central. This has compressed demand for traditional staff-augmentation models that once absorbed large numbers of engineers.
Despite the headline job losses, the sector remains a major employer, with total headcount across the top firms still running into the millions. Analysts caution against interpreting the quarterly decline as a broad-based contraction. Instead, they see a transition phase in which workforce pyramids are being reshaped to align with evolving client needs and delivery economics.
Wage dynamics reflect the same adjustment. Salary hikes have been measured, variable pay has been linked more closely to utilisation and skill relevance, and onsite deployments have been rationalised. At the same time, niche talent continues to command premiums, widening pay dispersion within firms.
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GameStop has moved bitcoin valued at about $420 million to Coinbase Prime, triggering market speculation over whether the videogame retailer is preparing to sell part of its digital asset holdings or repositioning them for custody and treasury management. Blockchain tracking firms flagged the transfer after a series of transactions shifted thousands of bitcoins from wallets associated with GameStop into addresses linked to Coinbase Prime, the institutional platform […]
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Dubai’s First-Time Home Buyer programme has delivered a sharp lift to residential ownership, with more than 2,000 residents buying their first home within six months and generating over Dhs3.25bn in property transactions, according to figures released by the Dubai Land Department. The take-up underscores the initiative’s early traction and signals a policy-driven broadening of access to ownership across the emirate’s diverse resident base. Launched in July 2025, […]
Arabian Post Staff -Dubai Abu Dhabi has moved to reinforce its ambitions as a regional hub for medical tourism by convening a specialised forum examining the legal and regulatory foundations that underpin the sector, with a focus on aligning local legislation with international best practice while safeguarding patient rights and encouraging sustainable investment. Hosted virtually by the Abu Dhabi Judicial Department, the forum brought together legal […]
Strong international validation for India’s ambitions in semiconductors and artificial intelligence has emerged during Union minister Ashwini Vaishnaw’s visit to Veldhoven, the Netherlands, where he held discussions centred on advanced manufacturing technologies and long-term collaboration. Vaishnaw described the engagement as a major opportunity to understand cutting-edge systems and align partnerships that could accelerate India’s high-technology ecosystem.
The visit to Veldhoven, home to the world’s most sophisticated chipmaking equipment capabilities, comes at a time when New Delhi is pushing to anchor itself more firmly in global semiconductor supply chains while building domestic capacity. Vaishnaw indicated that interlocutors acknowledged India’s policy direction and scale as compelling factors for deeper cooperation across semiconductors and artificial intelligence, two areas that are increasingly intertwined in next-generation computing and industrial automation.
Discussions during the trip focused on lithography technologies, supply-chain resilience and skills development, according to people familiar with the engagements. India’s pitch rests on a combination of policy incentives, a large engineering workforce and expanding demand from electronics, automotive and data-driven sectors. Officials accompanying the minister underlined that partners in Europe see India as a credible long-term manufacturing and innovation base rather than merely a consumption market.
The Netherlands occupies a critical position in the global chip industry because of its dominance in extreme ultraviolet lithography, a technology essential for producing advanced semiconductors. India’s engagement with Dutch stakeholders is therefore viewed as strategically important, particularly as countries and companies diversify supply chains amid geopolitical and commercial pressures. Vaishnaw’s meetings sought to map pathways for collaboration spanning equipment ecosystems, materials, precision engineering and research linkages.
Artificial intelligence featured prominently in the conversations, reflecting the convergence between advanced chips and AI workloads. Executives and policymakers discussed how specialised processors, high-performance computing and data infrastructure underpin AI deployment across sectors such as healthcare, mobility, energy management and public services. Indian officials emphasised the country’s growing base of AI startups, public digital platforms and applied research, arguing that closer alignment with global technology leaders would strengthen both sides.
The endorsement referenced by Vaishnaw also reflects broader international assessments of India’s semiconductor strategy, which combines fiscal incentives with infrastructure support and regulatory facilitation. Several fabrication and assembly projects have been announced across different states, while partnerships with global firms aim to address gaps in design, packaging and testing. Industry analysts note that execution risks remain, including timelines, talent depth in specialised manufacturing and integration into mature supply networks, yet acknowledge that momentum has improved.
From the Dutch perspective, collaboration with India offers access to a fast-growing market and diversification beyond traditional hubs. European technology firms have been recalibrating their engagement with Asia, balancing commercial interests with strategic considerations. India’s emphasis on trusted partnerships and standards-based cooperation resonates in this context, particularly in areas linked to critical technologies.
Vaishnaw’s visit also included interactions with research institutions and industry representatives to understand best practices in precision manufacturing and workforce training. Officials highlighted the importance of skilling programmes that align academic curricula with industry needs, a factor seen as decisive for sustaining semiconductor operations. India has been expanding such initiatives, including specialised training for chip design and manufacturing processes.
The talks in Veldhoven are part of a broader diplomatic and industrial outreach aimed at positioning India within high-value segments of global technology chains. Previous engagements with partners in East Asia and North America have similarly stressed co-development, supply assurance and innovation partnerships rather than transactional sourcing. The Netherlands visit adds a European dimension to that strategy.
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