Crypto exchange OKX has cut a significant portion of staff from its institutional business as part of a wider global restructuring, people familiar with the matter said, marking one of the most substantial internal overhauls at the company since it began expanding beyond retail trading. According to one source with knowledge of the changes, roughly one-third of the institutional sales team has exited, either through redundancies or […]
Arabian Post Staff -Dubai Aldar Properties PJSC has priced $1 billion of subordinated dated hybrid notes, securing long-term capital to support its expansion plans as demand for Gulf real estate assets continues to draw global investors. The Abu Dhabi-based developer said the transaction was met with strong interest from international institutional accounts, reflecting confidence in its balance sheet and strategy at a time when funding costs […]
UGREEN has moved deeper into the artificial intelligence race for consumer storage with the unveiling of its NASync iDX 6011 and iDX 6011 Pro at CES 2026, positioning the devices as a rethink of how people search for and manage personal and small-business data. Rather than relying on folder structures, filenames or rigid metadata, the new network-attached storage systems introduce an AI-driven search layer designed to surface […]
Arabian Post Staff -Dubai Abu Dhabi Fund for Development has unveiled a new financing push aimed at reshaping how water projects are funded and delivered across developing economies, signalling a shift towards larger-scale capital mobilisation and technology-led solutions. The initiative, branded as the Abu Dhabi Global Water Platform, sets out to mobilise $2 billion from domestic and international financiers to back projects that improve water access, […]
Arabian Post Staff -Dubai Turkish Airlines has broken ground on a broad package of infrastructure projects valued at more than 100 billion lira, signalling a long-term commitment to expand capacity, resilience and training as global aviation demand continues to normalise. The carrier said the programme, equivalent to about $2.3 billion at prevailing exchange rates, spans eight new facilities across several locations in Türkiye and is designed to […]
Republic of Korea delivered its largest current account surplus ever recorded for a November, underpinned by a sharp rebound in exports led by semiconductors, according to data released by the central bank, reinforcing signs that Asia’s fourth-largest economy is benefiting from a global technology upcycle.
Figures published by Bank of Korea showed the surplus widened markedly from a year earlier, driven primarily by goods exports as overseas demand for memory chips and advanced components strengthened. The milestone November result adds to a sequence of solid monthly balances this year and signals improving external resilience after a period of volatility linked to energy prices and weaker global trade.
Exports rose at a double-digit pace year on year, with semiconductors once again the dominant contributor. Chip shipments, which had slumped during the global downturn in memory prices, rebounded strongly as inventories normalised and orders increased from data-centre operators and manufacturers deploying artificial intelligence workloads. Analysts said demand for high-bandwidth memory and advanced logic chips has been particularly supportive for Korean producers.
The current account surplus, which measures the balance of trade in goods and services alongside income flows, was also supported by a narrower energy import bill. Lower prices for crude oil and liquefied natural gas compared with last year reduced the cost of imports, amplifying the positive effect of export growth. Services remained in deficit, reflecting outbound travel by residents, but the shortfall was smaller than earlier in the year.
Economists link the export recovery to the improving cycle in global technology spending. Korean chipmakers, led by Samsung Electronics and SK Hynix, have benefited from rising prices for dynamic random-access memory and NAND flash products, as well as from long-term contracts tied to AI infrastructure. Both firms have announced higher capital expenditure plans focused on advanced memory and packaging technologies, moves that are already filtering through trade data.
Beyond semiconductors, shipments of automobiles, machinery and petrochemical products also contributed positively. Vehicle exports remained robust despite softer demand in some advanced economies, reflecting competitive pricing and the growing popularity of electric and hybrid models produced by Korean manufacturers. Machinery exports gained from infrastructure and energy projects across the Middle East and parts of Southeast Asia.
Income from overseas investments added another layer of support. Dividend and interest receipts from Korean companies’ foreign assets increased, offsetting profit repatriation by foreign firms operating domestically. This helped keep the overall current account firmly in surplus despite the persistent services deficit.
Policy makers view the November outcome as confirmation that the economy is on a steadier footing. The central bank has previously signalled that a sustained export-led recovery would ease pressure on monetary policy, even as it remains cautious about household debt and property-market risks. A strong external balance also provides a buffer against currency volatility, a concern earlier in the year when the won weakened amid global interest-rate uncertainty.
Still, officials and analysts warn that risks remain. The export outlook is closely tied to the durability of the global technology rebound and to geopolitical developments that could disrupt supply chains or dampen investment sentiment. Slower growth in major trading partners or renewed trade frictions could weigh on momentum in coming months. Services exports, particularly tourism, have yet to return to levels seen before the pandemic, limiting diversification of the external balance.
France’s trade deficit widened to €4.2 billion in December 2025, reversing some of the narrowing seen earlier in the quarter as imports accelerated faster than exports, according to official customs data released this week. The shortfall, up from a revised €3.5 billion in November, broadly matched market expectations and underscored the uneven recovery in external trade as domestic demand picked up while overseas sales faced mixed conditions. […]
Internet access and telephone networks across Iran were cut late on Thursday after crowds poured onto streets and residents shouted from rooftops in multiple cities, according to witnesses and digital rights monitors, marking a sharp escalation in nationwide unrest. Demonstrations flared after an appeal by exiled crown prince Reza Pahlavi for a coordinated show of defiance, prompting gatherings in the capital Tehran and other urban centres. Within […]
Arabian Post Staff -Dubai Humid and changeable conditions are set to prevail across the UAE from Friday through Tuesday, with partly cloudy skies, the possibility of mist or light fog during early hours, and a chance of isolated rainfall, particularly over eastern and northern areas. Forecast guidance points to elevated humidity levels during the night and early morning, increasing the likelihood of reduced visibility in some inland […]
Discord has taken a decisive step towards becoming a publicly traded company, confidentially filing paperwork for an initial public offering that could come as early as March and valuing the platform at about $15 billion, according to people familiar with the matter. The move places one of the world’s most influential online communities at the centre of a tentative revival in technology listings after a prolonged […]
SharpLink has moved $170 million worth of Ether into restaking arrangements on Linea, using Anchorage Digital as its custody and staking partner, signalling a calculated effort to extract yield from a growing corporate Ethereum treasury while leaning on regulated infrastructure to manage risk. The deployment represents a defined slice of SharpLink’s wider Ethereum holdings, which the company has disclosed at about $2.7 billion in value. By placing […]
SINGAPORE – Media OutReach Newswire – 8 January 2026 – Primech Holdings Ltd. (Nasdaq: PMEC), a technology-driven facilities services and robotics company, today announced a $4.0 million strategic investment from WELLE Environmental Group Co., Ltd. (SZSE: 300190), reinforcing Primech’s acceleration into autonomous robotics, AI-powered cleaning systems, and scaled global facilities operations.
The investment highlights growing market confidence in Primech Holdings’ long-term growth strategy and its expanding role at the intersection of autonomous robotics and technology-enabled facilities services. Leveraging the deep operational expertise of its facilities services subsidiary, Primech A&P Pte. Ltd., alongside its robotics subsidiary, Primech AI Pte. Ltd., the capital will support accelerated robotics development, enhanced production capabilities, and the continued commercialization of Hytron, Primech’s flagship autonomous restroom cleaning robot.
“This investment validates the momentum we are building across autonomous robotics and intelligent facilities operations,” said Ken Ho, Chairman and Chief Executive Officer of Primech Holdings. “Partnering with WELLE strengthens our ability to scale faster, deploy more broadly, and execute on the growing demand for AI-powered automation in real-world environments. We are entering 2026 with a clear strategy, strong execution capabilities, and the capital to accelerate growth across international markets.”
Proceeds from the investment are expected to be deployed to expand robotics research, development, and production capacity, strengthen operational and manufacturing readiness, and support broader deployment of Hytron across commercial environments. The investment will also bolster working capital to support the continued expansion of Primech Holdings’ core facilities management business.
The transaction further deepens the strategic alignment between Primech Holdings and WELLE, building on their previously announced cooperation initiatives in robotics and intelligent operations. By combining Primech’s autonomous robotics platform and facilities expertise with WELLE’s environmental technology footprint and operational scale, the collaboration is positioned to accelerate intelligent automation and sustainable infrastructure solutions across industrial and commercial markets.
Additional details regarding the investment are included in Primech Holdings’ Form 6-K filed with the U.S. Securities and Exchange Commission on January 6, 2026.
Hashtag: #Primech
The issuer is solely responsible for the content of this announcement.
WELLE Environmental Group Co., Ltd. (300190.SZ) is a technologically advanced enterprise specializing in energy conservation and environmental protection. With strong core technical capabilities and continuous innovation, WELLE operates across environmental governance and bioenergy sectors, including food waste and kitchen waste resource utilization, high-concentration wastewater treatment, biogas and biomethane development, and biofuel production. With extensive project experience and diversified application scenarios, WELLE is committed to promoting energy efficiency, carbon reduction, and circular resource utilization.
Primech AI is a leading robotics company dedicated to pushing the boundaries of innovation in technology. With a team of passionate individuals and a commitment to collaboration, Primech AI is poised to revolutionize the robotics industry with groundbreaking solutions that make a meaningful impact on society. For more information, visit 
www.primech.ai.
About Primech Holdings Limited
Headquartered in Singapore, Primech Holdings Limited (Nasdaq: PMEC) is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.
US Treasury Secretary Scott Bessent has intensified pressure on the Federal Reserve to expand interest rate reductions as policymakers and markets grapple with divergent views on the path of monetary policy. Bessent has framed his stance around concerns that ongoing high borrowing costs are weighing on key sectors of the economy and that more aggressive rate cuts are necessary to support growth and stability, a perspective that […]
Ripple has no plans to pursue a public listing in the near term, its president Monica Long has said, pushing back against market speculation that the blockchain payments company could tap equity markets following a surge in private valuations and growing institutional interest. Long said the San Francisco-based firm is focused on building products and expanding its global payments footprint rather than preparing for an initial public […]
Cocos, the long-running developer of cross-platform game technology, has moved its Cocos 4 game engine from a proprietary model to full open source, a step that reshapes its relationship with developers and signals a strategic shift in the competitive middleware market. The company confirmed that the entire Cocos 4 engine codebase is now available under an open-source licence, allowing studios and independent developers to inspect, modify and […]
By Nitya Chakraborty The two and half day visit by the union home minister Amit Shah to Kolkata during 2025 year end to explain to the West Bengal party leaders his new strategy to take on the ruling Trinamool Congress in the assembly elections scheduled in March-April 2026, has given a boost to the state […]
The article Amit Shah’s New Strategy For 2026 Bengal Assembly Polls Worries TMC appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
According to research by Knight Frank, demand for sustainable real estate is being led decisively by younger generations. A significant majority of respondents in its Next Generation Survey indicated they are willing to pay up to 20 percent more for environmentally friendly products. More importantly, this preference is already translating into action: 63 percent of Millennials have invested in sustainable portfolios, compared with just 35 percent of Baby Boomers.
At the very top of the wealth pyramid, ultra-high-net-worth individuals are setting explicit targets to reduce their personal carbon emissions. Real estate, among the most carbon-intensive and capital-heavy asset classes, is therefore under direct pressure to evolve. At the same time, institutional investors are placing growing emphasis on social outcomes, from workplace wellbeing to broader community health. Assets that fail to meet these expectations increasingly face liquidity risk.
In this context, ESG is now widely understood as a form of future-proofing. Like a massive ship altering course in open waters, the global real estate industry may take time to visibly change direction. But once the new trajectory is set, those that fail to adapt will inevitably be left behind.
The Limits of Retrofitted Sustainability
Yet most cities were never designed for this moment. Built for speed, density, and economic efficiency, they now struggle to reconcile legacy structures with contemporary ESG demands. The prevailing response has been retrofitting, adding green technologies, improving energy efficiency, or introducing pockets of open space where possible.
These measures are necessary, but they reveal a fundamental limitation. ESG, when layered onto an outdated urban model, can only go so far. There is a ceiling to how sustainable a city can become if its foundations were never meant to support that vision.
This raises a more radical question: What if ESG were not an upgrade, but the starting point? What if a city were conceived entirely around environmental balance, social wellbeing, and long-term governance from its very first blueprint?
An answer to that question is emerging, not from Europe or North America, but from Vietnam.
Vinhomes Green Paradise and the Idea of “ESG++ from the Ground Up”
On the southern edge of Ho Chi Minh City, where land meets sea, Vingroup is developing what many observers consider one of the world’s rare examples of a truly next-generation urban model, Vinhomes Green Paradise.
This is not a conventional large-scale real estate project with sustainability features added along the way. It is a city built entirely on the logic of ESG, what some experts have begun to describe as “ESG++ from the ground up”.
The location itself tells the first chapter of that story. Vinhomes Green Paradise is framed by the East Sea and a vast mangrove ecosystem recognized by UNESCO as a World Biosphere Reserve. Spanning more than 75,000 hectares, the Can Gio mangrove forest is one of Southeast Asia’s most important natural assets, functioning as a carbon sink, a biodiversity haven, and a natural coastal defense system.
Rather than pushing against this environment, the project is shaped by it.
Covering 2,870 hectares, Vinhomes Green Paradise maintains a construction density of just 16 percent. The overwhelming majority of land is dedicated to green space and water. A 121-kilometer coastline defines the city’s interface with the sea, while at its heart lies an 800-hectare natural seawater lagoon, an ecological and civic centerpiece rarely seen even among the world’s most ambitious coastal cities.
Here, nature is not an amenity. It is infrastructure.
A Global Contender for the Cities of the Future
Because of this foundational approach, Vinhomes Green Paradise is increasingly viewed as a strong Asian contender, often described as a “hidden gem”, in global initiatives recognizing future-ready urban developments.
Environmental integration alone, however, does not define the project. Its aspiration extends equally to technology, governance, and human experience.
Designed as a fully integrated smart city, Vinhomes Green Paradise applies IoT, big data, and artificial intelligence across urban management, operations, and environmental monitoring. The objective is not technological spectacle, but a city that operates intelligently, efficiently, and transparently, one that adapts in real time to how people live, move, and interact.
If the environment forms the foundation and technology provides the nervous system, people are unmistakably at the center of Vinhomes Green Paradise.
The project’s social infrastructure is planned as a cohesive ecosystem rather than a collection of isolated amenities. Healthcare is anchored by Vinmec, in collaboration with Cleveland Clinic, bringing international clinical standards into everyday urban life. Education is delivered through Vinschool alongside Brighton College, ensuring continuity from early education to globally benchmarked schooling.
The city’s vision extends across generations. Purpose-built senior living, cultural venues, and public spaces are seamlessly integrated. A seven-hectare waterfront theater establishes a cultural anchor, while sports and recreation are elevated through two championship 18-hole golf courses designed by firms founded by Tiger Woods and Robert Trent Jones. Large-scale entertainment and lifestyle destinations further contribute to a city that is not only sustainable, but vibrant.
According to Arnaud Ginolin, Managing Director of Boston Consulting Group in Vietnam, Vinhomes Green Paradise brings together all the elements required to establish a new global benchmark, one that balances sustainability with dynamism and ESG principles with holistic human experience.
Vietnam’s Statement to the World
In the first nine months of 2025, Vietnam recorded more than 58,000 successful real estate transactions, doubling year on year. In Hanoi and Ho Chi Minh City, primary residential prices have reached historic highs, compressing opportunities and pushing investors toward new frontiers.
Can Gio has emerged as one of those frontiers. Once viewed as a geographic dead end, the district is now being repositioned as Ho Chi Minh City’s strategic gateway to the sea. Search interest has surged, and capital flows from northern Vietnam are increasingly directed southward.
Infrastructure is the catalyst behind this transformation. Planned high-speed rail will connect central Ho Chi Minh City to Can Gio in just minutes. The long-awaited Can Gio Bridge is set to remove persistent bottlenecks. New interregional road links, port developments, and proximity to Long Thanh International Airport are integrating the area into regional and global trade networks.
What was once peripheral is becoming strategic.
In an era when many of the world’s great cities are struggling to reinvent themselves, Vietnam is offering a different answer: Build differently from the start. Use ESG not as a corrective tool, but as a foundation.
Vinhomes Green Paradise is therefore a statement, about where the next ideas in urban living may come from, and how sustainability, human wellbeing, and long-term value can be aligned rather than traded off.
While the ESG conversation has long been dominated by Western capitals, one of its most ambitious realizations is taking shape in Southeast Asia, guided by willingness to rethink the fundamentals of urban life.
Hashtag: #VinhomesGreenParadise
The issuer is solely responsible for the content of this announcement.
Greenlogue/AP Dubai-based Alcazar is edging closer to acquiring Egypt’s Gabel El-Zeit wind farm after submitting the highest bid among contenders, according to people familiar with the negotiations. Discussions are under way with the country’s sovereign wealth fund and the Ministry of Electricity and Renewable Energy on a transaction valued at about $350 million, with officials indicating that talks could be wrapped up before the end of the […]
BlueFive Capital has been appointed as the first General Partner for a newly established fund-of-funds created by CICC Capital, marking a strategic partnership that brings together global asset management expertise with Chinese industrial capital. The mandate also reflects the involvement of HBIS Group, one of the world’s largest steelmakers, whose industrial priorities will shape the investment direction of the vehicle. The fund-of-funds structure is designed to deploy […]
Arabian Post Staff -Dubai Abu Dhabi’s Ethmar International Holding has partnered with Guggenheim Brothers Media to launch a multi-million-dollar investment fund aimed at backing emerging media and technology companies, positioning the venture at the intersection of capital, content and digital innovation. The new fund, announced by the two groups, is designed to provide growth capital to early- and mid-stage firms developing technologies and platforms that serve film, […]
Arabian Post Staff -Dubai Economic momentum across the UAE is building faster than earlier projections, with gross domestic product expected to expand by about 5% this year, outpacing the global average and reinforcing the country’s position as one of the strongest performers among emerging and developed markets alike. The revised outlook reflects resilient trade flows, deep banking liquidity and sustained expansion across non-oil sectors that have insulated […]
A landmark agreement between Caracas and Washington will see up to $2 billion worth of Venezuelan crude oil exported to the United States under terms announced by President Donald Trump, marking a major shift in energy geopolitics and offering a potential reprieve to Venezuela’s embattled oil sector. The arrangement, underscored by negotiations that could divert barrels previously bound for China, elevates the United States into a key […]
Dubai Aerospace Enterprise Ltd has moved to the international debt markets with plans for a benchmark-sized, dollar-denominated Regulation S senior unsecured bond with a seven-year tenor, as the aircraft leasing and aviation services group looks to extend its maturity profile amid steady demand for high-quality aviation credit. The proposed notes will be issued through DAE Funding LLC under the company’s Global Medium Term Note Programme and are […]
Aldar Properties PJSC, Abu Dhabi’s largest property developer and real estate asset manager by total assets, has appointed a syndicate of global and regional banks for a planned US dollar-denominated hybrid notes issuance, a move that underscores the company’s intention to strengthen its capital structure while retaining balance-sheet flexibility. The company, which carries a Baa2 rating with a Stable outlook from Moody’s, has mandated Citi as sole […]
