By Anjan Roy Clearly under massive pressure to bring the war to a close and on honourable terms, Iran has utilised the United Nations General Assembly session in New York to turn the tables on the United States. The American blockade of the Strait of Hormuz and any exit for the Iranians into the broader […]
Banyan Group Residences records 900 per cent year-on-year rise in luxury sales value, underlining the widening gap between prime and mass-market residences
PHUKET, THAILAND – Media OutReach Newswire – 28 September 2026 – Phuket’s residential property market is becoming increasingly polarised. Genuinely differentiated luxury residences continue to attract strong demand, while lower-priced, investment-led segments are showing signs of saturation and, in some areas, oversupply. Banyan Group Residences, whose luxury sales value in Phuket rose 900 per cent year-on-year to nearly US$50 million, illustrates the resilience of well-located, high-quality residences even as conditions become tougher elsewhere in the market.
The divide is becoming more pronounced. There is a clear distinction between genuinely differentiated luxury residences and more commoditised products built for short-term speculation. Premium buyers continue to commit capital to prime locations, trusted brands and long-term lifestyle value, while a wave of new, commoditised supply aimed largely at short-term investment has outpaced demand at the lower end, intensifying competition and, in some cases, leaving units unsold.
Among Banyan Group Residences’ results, sales of the exclusive luxurious Banyan Tree Beach Residences projects Oceanus, Varuna, Aegir and Nammu have recorded an increase in sales of 900 percent year-on-year including what is believed to be the most expensive condominium transaction recorded in Phuket to date.
Bangtao and the wider Laguna Phuket area have emerged as the island’s most sought-after residential locations, combining west-coast beaches with an established international community and a growing concentration of restaurants, schools, wellness and lifestyle amenities – characteristics of a mature international market rather than an emerging one.
Continued interest from high-net-worth buyers seeking to diversify wealth into tangible, personally enjoyable assets amid currency depreciation, inflation and market volatility is also supporting demand at the top of the market. Today’s luxury buyer is acquiring a home that supports their family’s lifestyle and serves as a long-term store of value – not a speculative purchase based on short-term rental projections, the kind of buying that has fuelled much of the oversupply at the lower end.
Thailand’s political stability, established tourism economy and relative distance from regional conflicts continue to support demand from buyers across Europe, Asia, the Middle East and beyond, though unevenly across price tiers.
As supply increases across the wider market, buyers are expected to place greater emphasis on developers’ track record, construction quality, professional management and reputable services. The market is not weakening uniformly – it is becoming more polarised, with well-positioned luxury developments continuing to perform strongly while oversupplied, lower-tier projects face a longer period of adjustment, encouraging higher standards, greater transparency and a stronger focus on sustainable development across the industry.
Banyan Group Residences will continue to focus on prime locations, distinctive high-quality design and the creation of residential communities that deliver lasting value for owners.
Singapore’s Temasek has acquired a 9% strategic minority stake in the management company of Milan-based private equity investor FSI, extending a longstanding investment relationship and committing additional capital to the firm’s future funds.
Financial terms of the transaction were not disclosed. The companies said on Monday that the partnership would combine FSI’s access to Italy’s mid-market businesses with Temasek’s sector expertise and international network, with a focus on helping companies expand into new markets.
FSI manages about €5 billion and concentrates on growth investments in mid-sized businesses. Temasek has previously invested in FSI funds and will make further commitments to future vehicles, including FSI Scale-up Capital Solutions, a fund aimed at high-growth small and medium-sized enterprises.
Nagi Hamiyeh, president of Temasek Global Investments, said Italy was “an integral part” of Temasek’s European strategy. He said the Singapore investor had built its portfolio and relationships in the country over more than a decade, with the pace of investment accelerating in the past few years.
“Our partnership with FSI extends this commitment to the mid-market,” Hamiyeh said, adding that Temasek could use its sector capabilities and global networks to support Italian companies seeking international expansion and long-term growth.
The transaction builds on a relationship that began with Temasek’s investment in FSI funds in 2018. Temasek was an investor in FSI I, which closed in 2019, and FSI II, which closed in 2024. It is also participating in the Scale-up Capital Solutions vehicle launched this year.
FSI’s website says its flagship FSI I and FSI II funds have commitments of €1.4 billion and €1.6 billion respectively, while Scale-up Capital Solutions extends its investment strategy into the lower mid-market. The new vehicle is targeting businesses with growth potential, including companies seeking capital for expansion, acquisitions or international development.
Maurizio Tamagnini, FSI’s chief executive and managing partner, said Temasek had been a founding investor in the firm’s funds and that the two teams had worked together beyond those commitments to identify opportunities across Italian companies of different sizes.
“Today’s step therefore builds on a shared investment culture, experience and deep mutual trust between the leadership of the two institutions,” Tamagnini said. He described FSI as a channel connecting global institutional capital with Italy’s small and medium-sized businesses.
Temasek’s investment also increases its exposure to Italy, where it has invested for more than a decade. Its holdings include interests in luxury groups Ermenegildo Zegna, Golden Goose and Moncler, giving the Singapore company an established presence in one of Italy’s prominent consumer sectors.
The group has also been increasing allocations across Europe, the Middle East and Africa. It aims to invest between €14 billion and €17 billion in the region by 2029 and deployed about €13 billion there during the two financial years ended March 31, 2026.
Temasek reported a net portfolio value of S$518 billion for the year ended March 31, 2026. The company is wholly owned by Singapore’s Minister for Finance, but operates commercially and makes investment decisions independently of the government, according to Singapore’s Ministry of Finance and Temasek’s governance framework.
For FSI, the investment brings a major global institutional investor directly into its management company while preserving the firm’s focus on Italian businesses. FSI says its team has invested more than €3 billion in 25 companies over 15 years and completed more than 50 acquisitions.
Temasek’s move does not give it control of FSI’s management company. The investment is structured as a minority holding, while the additional fund commitments place capital alongside other institutional investors. The arrangement expands the relationship at both the management-company and investment-fund levels without altering FSI’s investment mandate.
Its investment model targets businesses where fresh equity and strategic support can finance expansion without relying primarily on leverage. The firm identifies family-owned companies, fragmented domestic industries and businesses with limited access to capital markets among the areas where it sees opportunities.
Dubai Comedy Festival will bring Zarna Garg’s Million Dollar Excuses to Dubai Opera on October 16, adding her family-centred stand-up to a 10-day programme of international and regional comedy across the city. Garg’s English-language performance is scheduled for 6.30pm, with tickets starting at Dh195. The show forms part of the seventh edition of the festival, which runs from October 9 to 18 and spreads performances across Dubai […]
Global government bond yields ended a turbulent week near multi-decade highs after a sharp sell-off pushed borrowing costs in the United States and Japan to levels unseen since before the global financial crisis.
The US 10-year Treasury yield eased to about 5.16% on Friday after touching 5.2297%, its highest level since 2007. The 30-year yield climbed as high as 5.5319%, a level last recorded in 2004, before retreating as falling oil prices offered bond markets some relief.
Japan experienced an equally striking move. The benchmark 10-year Japanese government bond yield reached 3.121% on Friday, its highest since 1996, extending a rise that has challenged assumptions about the pace at which the country can adjust to higher borrowing costs after decades of exceptionally loose monetary policy.
The surge came despite the Bank of Japan raising its policy rate this month. The central bank lifted the overnight call-rate target to around 1.25%, with the new setting taking effect from September 24, as policymakers continued withdrawing monetary accommodation amid persistent inflation pressures.
Bond prices move inversely to yields, meaning the sharp rise reflected heavy selling by investors. The moves have increased financing costs for governments and businesses and strengthened the transmission of tighter monetary policy into mortgages, corporate debt and other forms of credit.
Pressure has spread across major developed markets rather than remaining concentrated in the United States. Five of the Group of 10’s leading central banks raised rates during September, while others signalled possible further tightening or warned that inflation risks remained elevated. That broad shift has forced investors to reassess expectations that borrowing costs would decline quickly.
Energy prices have been an important driver. Oil’s advance during the Middle East conflict revived fears that higher fuel and transport costs would feed into broader inflation, reducing the appeal of fixed-income securities and increasing expectations that central banks may have to keep policy restrictive for longer.
Some of that pressure eased on Friday as oil prices fell roughly 3% amid hopes of progress towards a US-Iran truce. The retreat helped stabilise Treasuries and encouraged modest declines in some yields, but it did not erase the week’s dramatic repricing.
The scale of the turbulence was reflected in the ICE BofA MOVE Index, a widely followed gauge of US bond-market volatility, which jumped roughly 30% over the week, its biggest weekly increase since the tariff-related market turmoil of April 2025.
Federal Reserve policy expectations have also shifted. Markets have increasingly priced the possibility of further rate increases as policymakers confront inflation risks linked to energy costs and an economy that has remained resilient enough to complicate hopes for easier monetary conditions.
The Federal Reserve raised its target range by 25 basis points this month to 3.75%-4.00%. The combination of tighter policy expectations and persistent inflation concerns has pushed yields higher across the Treasury curve, increasing the government’s cost of refinancing debt and lifting benchmark rates used throughout global markets.
Japan presents a different but connected challenge. Rising domestic yields are changing the economics for investors accustomed to negligible returns at home. Higher Japanese yields can make domestic bonds more attractive relative to overseas assets, potentially affecting international capital flows at a time when US and European governments face substantial financing requirements.
The yen strengthened against the dollar on Friday as yields eased from their peaks, with the US currency falling to around 157.22 yen. Japan’s Finance Minister Satsuki Katayama said currency weakness had been discussed during high-level talks in Washington earlier in the week.
Equity markets nevertheless remained comparatively resilient. US shares advanced on Friday, supported by renewed enthusiasm around artificial intelligence companies, while the broader global equity index also rose. That divergence underscored how investors were separating strong corporate themes from the pressure building in sovereign debt markets.
European bonds have faced similar strains as investors weigh inflation alongside fiscal risks. Earlier in the week, benchmark 10-year yields in Germany, France and Britain remained elevated, while France’s borrowing premium over Germany widened amid concern about its budget outlook.
Arabian Post Staff -Dubai Sharjah Islamic Bank has completed a $500 million five-year sukuk after attracting $1.3 billion of orders, giving the Sharia-compliant lender demand equal to 2.6 times the issue size. The sukuk was priced at a final yield and periodic distribution rate of 5.85 per cent, equivalent to a spread of 105 basis points over five-year US Treasuries. The transaction was priced at par and […]
By R. Suryamurthy The most consequential question arising from Washington’s latest sanctions legislation is not whether the United States can impose a 100 percent tariff on countries buying Russian oil. It is whether India can continue to conduct an independent energy policy when access to its largest export market is increasingly being linked, directly or […]
Global maritime trade is being redrawn by geopolitical disruption, climate pressures, trade-policy changes and the spread of manufacturing to new regions, increasing the need for more flexible shipping and logistics networks, DP World has said. The Dubai-based ports and logistics group set out the assessment in a Marine Services whitepaper, Navigating the Future of Maritime Trade, issued for World Maritime Day on September 24. It said more […]
By Nitya Chakraborty Donald Trump-Xi Jinping summit on September 24 in Washington has not led to a major breakthrough in resolving the issues of bilateral trade, AI’s future, West Asia wars and Taiwan’s fate, but the visible bonhomie between the two leaders has laid the ground for a firm understanding that the world’s two biggest […]
By Ashok Nilakantan Ayers NEW YORK: September 24, 2026, the third day of the high-level General Debate of the 81st UN General Assembly, turned the UN podium into something of a geopolitical courtroom on Thursday, with Iran’s war with the United States and Israel, Gaza, terrorism, sovereignty and the credibility of the international system crowding […]
Arabian Post Staff -Dubai Iran has presented the United States with a proposed regional ceasefire framework that would halt attacks on Arab states, gradually reopen the Strait of Hormuz and set a timetable for broader negotiations aimed at ending the conflict, according to officials briefed on the diplomatic effort. The proposal, conveyed during talks around the United Nations General Assembly in New York, envisages a ceasefire lasting […]
Pope Leo XIV will use his first visit to France as pontiff to underscore solidarity with eastern Christian communities, including those in the Arab world, during a four-day apostolic journey beginning in Paris on Friday. The Pope is due to pray at Notre-Dame Cathedral on September 25, where a chapel dedicated to eastern Christians has become a visible symbol of links between western Catholicism and ancient churches […]
HONG KONG SAR – Media OutReach Newswire – 11 September 2026 – The 11th Belt and Road Summit was successfully held at the Hong Kong Convention & Exhibition Centre (September 9–10), attracting over 6,200 political and business elites from more than 70 countries and regions under the Belt and Road Initiative (BRI) and beyond, exploring co-operation opportunities for mutually beneficial development.
During the two-day event, more than 60 Memoranda of Understanding (MoUs) and bilateral co-operation agreements were witnessed. The total value of these MoUs, together with new projects and deals finalised before and during the Summit, is over US$3.1 billion.
Hosted by the Hong Kong Special Administrative Region (HKSAR) Government since 2016, the summit remains the premier business and investment platform for Hong Kong’s participation in and contribution to the BRI.
Noting that the BRI is a shared blueprint for the future, rooted in a rich history of cross-cultural collaboration, HKSAR Chief Executive John Lee said: “Hong Kong, as a place where East meets West, is where capital, talent, businesses and opportunities converge. In addition to strengthening our relations with traditional partners, Hong Kong continues to expand our network of friends along the Belt and Road.”
Under the theme “Advancing High-quality Development · Embarking on a New Journey”, business and government leaders discussed co-operation across trade and commerce, legal services, green technology, logistics, artificial intelligence and new quality productive forces.
The summit explored new co-operation landscapes and emerging opportunities in trade, investment and development across Belt & Road markets and other regions, with a special focus on ASEAN, Central Asia and the Middle East, underscoring Hong Kong’s unique role as a “super connector” and “super value-adder”.
Mr Lee has led high-level business delegations to explore opportunities in 13 Belt and Road countries across ASEAN, the Middle East and Central Asia, delivering a total of over 250 MoUs and other agreements. These covered policy coordination, trade and investment, expanded connectivity and support for companies, underlining Hong Kong’s focus on opening new markets, forming new partnerships and advancing regional co-operation.
This year’s summit featured three newly-added special chapters – the GoGlobal Chapter, Central Asia Chapter and Middle East Chapter. The GoGlobal Chapter offered a one-stop platform for exchange and matchmaking for Chinese Mainland enterprises looking to tap new markets overseas, while the Central Asia and Middle East chapters invited local officials and business leaders to share investment opportunities.
“In light of the shifting geopolitics, rising trade protectionism and the reshaping of global supply chains, businesses going global is no longer simply an option; it is an increasingly important strategy for Chinese Mainland enterprises to diversify risks, strengthen resilience and pursue new growth opportunities,” said the HKSAR Government’s Secretary for Commerce and Economic Development, Mr Algernon Yau.
A freshly integrated University Zone highlighted Hong Kong universities’ R&D strengths and their capabilities in technology commercialisation across the Belt & Road region, consolidating Hong Kong’s position as an international education hub. The Summit also introduced a debut Dialogue for Future session, promoting think-tank exchanges on “The Belt and Road Initiative and Asia-Pacific Co-operation in a Changing Global Landscape”.
Through the Project Investment Session, Belt and Road Deal-Making, and Exhibition Zones, this year’s event showcased over 300 investment projects, and arranged more than 800 one-on-one deal-making meetings, helping enterprises connect with potential partners.
Arabian Post Staff -Dubai Saudi Arabia is driving a $90 billion hotel and resort development pipeline across the Gulf and North Africa, accounting for about 110,000 of nearly 200,000 rooms planned across the region, new HVS data show. The pipeline would expand the region’s existing hotel room supply by about 27 per cent, underlining the scale of investment continuing across major tourism markets despite a more selective […]
Arabian Post Staff -Dubai Morgan Stanley has moved to contain the fallout from an accidental disclosure of a confidential investment-banking deal list, with regulators and market participants assessing the implications of the breach. The document, sent by email from Hong Kong on Tuesday, contained details of more than 100 transactions the bank was pitching, monitoring or discussing across Asia and some other regions. It included prospective initial […]
Arabian Post Staff -Dubai Microsoft plans to invest more than $10 billion across the United Arab Emirates, Saudi Arabia, Qatar and Kuwait by 2030, extending its cloud and artificial intelligence infrastructure while placing digital resilience at the centre of its Gulf strategy. The spending programme will cover continued infrastructure development and a broader expansion of Microsoft’s operations across the four countries, Vice Chair and President Brad Smith […]
Arabian Post Staff -Dubai Abu Dhabi-listed MAIR Group has agreed to acquire a 70 per cent stake in Eslab, owner of Turkish-origin specialty coffee chain Espressolab, marking the investment group’s first international acquisition since its stock-market listing. The company said it had signed a share purchase agreement for 70 per cent of Eslab’s issued share capital. Eslab’s founders and existing shareholders will retain the remaining 30 per […]
Arabian Post Staff -Dubai Huspy has acquired Italian credit intermediary Integra Finance and committed $86 million to Italy, marking the UAE-founded property technology company’s entry into its fourth market and a stage in its European expansion. The Dubai-based company said the investment, equivalent to about AED315 million, will support plans to build a mortgage finance and real estate business in Italy by combining Integra’s distribution network with […]
VIENNA, AUSTRIA – EQS Newswire – 23 September 2026 – AUSTRIACARD HOLDINGS has produced and delivered the first Jaywan payment cards for Wio Bank PJSC, supporting the continued expansion of the UAE’s domestic card scheme and strengthening the country’s payments infrastructure.
Launched by Al Etihad Payments under the Central Bank of the UAE’s National Payment Systems Strategy, Jaywan is the UAE’s domestic card scheme, built to enhance the resilience, efficiency and sovereignty of the country’s payments infrastructure — part of the UAE’s broader vision to advance digital payments and strengthen its national financial ecosystem.
The cards were manufactured at AUSTRIACARD’s Bucharest production facility and combine the company’s secure payment card manufacturing expertise with Wio Bank’s digital-first banking platform, giving Wio customers access to payment products issued under the Jaywan scheme.
The milestone extends AUSTRIACARD’s support for financial institutions participating in the UAE’s national payments ecosystem, reflecting the company’s commitment to secure, high-quality payment solutions and marking a further step in its growth across the Gulf region — and in the shared ambition of AUSTRIACARD and Wio Bank to build a resilient, efficient, locally anchored payments landscape in the UAE.
Burak Bilge, EVP Türkiye, Middle East and Africa, AUSTRIACARD HOLDINGS, said:
“National card schemes are becoming a defining feature of payments across the Middle East and Africa and supporting them is a strategic priority for AUSTRIACARD. Adding Jaywan to the portfolio that already spans international and domestic schemes strengthens what we can offer every issuer we serve. We are pleased to take this step with Wio Bank, the UAE’s first platform bank and one of the region’s fastest-growing digital banks, and we look forward to contributing to the growth of Jaywan and the wider UAE card market.”
Prateek Vahie, Chief Commercial Officer at Wio Bank said:
“At Wio Bank, our focus is on giving customers seamless access to the payment infrastructure that matters most to them. Partnering with AUSTRIACARD to bring Jaywan-issued cards to our customers reflects our commitment to the UAE’s national payments strategy, and it’s another step in building the kind of digital-first banking experience our customers expect.”
About Wio Bank PJSC:
Wio Bank PJSC is the UAE’s leading financial platform, reimagining banking for individuals and businesses. Headquartered in Abu Dhabi and fully regulated by the Central Bank of the UAE, Wio is backed by ADQ, Alpha Dhabi Holding, e& and First Abu Dhabi Bank. By combining advanced technology with a human-centric approach, Wio delivers seamless, personalised financial solutions.
For personal banking, Wio offers smart tools and insights to help individuals and families take control of their finances, enabling them to save, spend and grow with ease. For businesses, Wio provides entrepreneurs and SMEs with a comprehensive digital platform designed to streamline operations, unlock growth opportunities and simplify financial management.
Wio is redefining the banking landscape as a market leader in Banking-as-a-Service (BaaS) and embedded finance, delivering innovative solutions that empower people, businesses, and communities with the infrastructure they need to access long-term wealth creation.
Wio Bank has been widely recognised through regional and international industry awards and rankings, including Forbes Middle East, Fast Company Middle East and Finance Middle East.
AUSTRIACARD HOLDINGS AG leverages over 130 years of experience in information management, printing, and communications to deliver secure and transparent experiences for its customers. They offer a comprehensive suite of products and services, including payment solutions, identification solutions, smart cards, card personalization, digitization solutions, and secure data management. ACAG employs a global workforce of 2,360 people and is publicly traded on both the Euronext Athens and Vienna Stock Exchanges under the symbol ACAG.
By Ashok Nilakantan Ayers NEW YORK: External Affairs Minister S Jaishankar arrived at the 81st UN General Assembly with an unusually broad diplomatic canvas before him. In meetings with European, Ukrainian, Arab, Asian and other counterparts, India was simultaneously talking to countries that sit on opposite sides of some of the world’s sharpest geopolitical divides. […]
BlackRock expects Gulf investors to redirect as much as $100 billion towards their home markets, creating opportunities in infrastructure and assets opened to private capital. The figure is an estimate of capital that might otherwise have flowed overseas, according to the BlackRock Investment Institute. It is not a commitment by BlackRock to invest $100 billion, despite that interpretation appearing in a report on the firm’s regional outlook. […]
Stars from Korea, Japan and Hong Kong Perform at the Moon-Met Indigenous Voices Concert, Opening a Season of Sustainable Tourism
HUALIEN, TAIWAN – Media OutReach Newswire – 23 September 2026 – Hualien, a destination on Taiwan’s east coast known internationally for its mountain and ocean scenery, will host its major annual music event, the 2026 Hualien Moon-Met Indigenous Voices Concert, on September 26 and 27. This year’s performers include NIEL, lead vocalist of the popular Korean boy band TEEN TOP; Aisa Senda, a Ryukyuan singer from Okinawa, Japan; Sheron Tan, an Indigenous singer from Sabah, Malaysia; and William So, Hong Kong’s “King of Love Songs.” Spanning K-pop, Austronesian culture and Mandopop, the concert will be held at Hualien’s well-known Dongdamen Square and reflects Hualien’s long-standing openness to diverse cultures.
Hear Hualien over the Mid-Autumn Festival holiday: the Moon-Met Indigenous Voices Concert will be held at Dongdamen Square on the evenings of September 26 and 27. (Photo courtesy of the Hualien Indigenous Peoples Department)
A Gift from Nature: Hualien’s Mountains, Coastline and Indigenous Culture
With the towering gorges of Taroko National Park, the blue Pacific coastline and a pleasant climate throughout the year, Hualien has long been a first choice for international travelers exploring Taiwan’s natural scenery. In addition to its natural landscapes, Hualien has a rich Taiwanese Indigenous cultural heritage. This year’s concert is combined with an Indigenous-themed market, allowing visitors from abroad to explore the mountains, coastline and Indigenous communities during the day, then walk in the moonlight in the evening, sample local night market food and try Indigenous handicrafts, with music and nature as the backdrop.
A Full Second Half of the Year: A Different Theme Each Month
As autumn sets in, Hualien is presenting a series of international themed events in the second half of the year, inviting travelers from around the world to experience Hualien in every season:
September – Moon-Met Indigenous Voices Concert: Artists from Korea, Japan, Hong Kong and Taiwan come together for an international concert celebrating the Mid-Autumn Festival.
October – Indigenous Culture and K-Pop Crossover Festival: Continuing the momentum, October brings a crossover concert that combines traditional Taiwanese Indigenous culture with Korean pop music (K-pop), bringing together striking visuals and sound.
November – Hualien Pacific Hot Spring Festival: With winter approaching, the Hot Spring Festival in November invites visitors to enjoy Hualien’s high-quality natural hot springs and relax in a mountain setting for a restorative break.
December – Hualien Pacific Tourism Festival (New Year’s Eve Concert): The final major event of the year, Hualien’s New Year’s Eve celebration attracts tens of thousands of visitors annually and is an excellent opportunity for international travelers to experience New Year’s Eve in Taiwan.
An Ideal Destination for International Travelers: Countdown Celebrations and Relaxing Travel
In addition to well-developed tourism facilities and abundant natural and cultural resources, Hualien offers subsidy programs specifically for international travelers, and its range of themed events in the second half of the year provides an excellent opportunity to experience Taiwanese culture in depth. The New Year’s Eve celebration in December is particularly well suited to travelers planning a year-end holiday abroad, offering the chance to welcome the new year amid Hualien’s mountain and ocean scenery and festive atmosphere.
Hualien warmly invites travelers from around the world to take advantage of the peak travel season in the second half of the year and plan a trip to experience its natural scenery, rich culture and international performances.
By Ashok Nilakantan Ayers NEW YORK: After months of courtroom confrontation, political pressure, Hollywood lobbying and increasingly tense negotiations, Paramount Skydance and Warner Bros. Discovery have finally found a settlement with California and 11 other states that removes the biggest obstacle to their proposed $110 billion merger. It is not quite the closing of the […]
Focusing on “Nature-Positive” Concept: Inviting the Education Sector to Co-Create a Vision for Green Building
HONG KONG SAR – Media OutReach Newswire – 22 September 2026 – To enhance public understanding and awareness of green buildings, the Hong Kong Green Building Council (HKGBC) has launched “My Green Space” Student Competition since 2011. The Competition encourages students to unleash their creativity and integrate green building concepts into real life, thus creating ideal green spaces.
The 2026-2027 edition, solely sponsored by Chinachem Group, explores “The Ideal Nature-Positive Built Environment“. It seeks to inspire the younger generation to reimagine the relationship between cities and nature through creative thinking and to nurture future green building pioneers.
Organised by the Hong Kong Green Building Council (HKGBC) and solely sponsored by Chinachem Group, the “My Green Space” Student Competition 2026-2027 explores “The Ideal Nature-Positive Built Environment”. The Competition seeks to inspire the younger generation to reimagine the relationship between cities and nature through creative thinking and to nurture future green building pioneers.
Aligning with Policy: Urban Transformation and Ecological Balance
Natural ecosystems and biodiversity are essential foundations of human well-being and sustainable development. Amid escalating climate challenges, transforming cities into more sustainable built environments is paramount to balancing human development with nature conservation.
The Biodiversity Strategy and Action Plan (BSAP) updated by the Government of the HKSAR, underscores the urgency of protecting local biodiversity to foster the harmonious coexistence between humans and nature, as well as between urban development and ecological conservation. The Hong Kong Nature-based Solutions Design Guidelines (HKNbSDG) provides a localised framework in this regard for designing and implementing solutions to enhance climate resilience, promote biodiversity and coexistence of development and nature conservation.
This year’s Competition invites students to present their vision of a liveable, regenerative, zero-waste and circular built environment through the lenses of design, planning, engineering, climate-resilient strategies and nature-based solution, to help drive society toward a carbon-neutral and nature-positive future.
Open to Primary, Secondary and Tertiary Students with Comprehensive Support and Learning Experiences
The Competition features five divisions covering different learning stages: Junior Primary,Senior Primary, Junior Secondary, Senior Secondary, and Tertiary. To foster cross-regional collaboration, the Tertiary category welcomes student teams from across the Greater Bay Area.
Participants may submit entries in the form of 2D artworks (for the Junior Primary and Senior Primary Divisions only), 3D models, multimedia works, or proposals. Each entry must include at least one building of any type, allowing participants to explore the possibilities of green building through different creative formats.
To equip participants with fundamental knowledge of green building, HKGBC will organise “Green Building Tour and Training Workshop” to impart relevant knowledge. “The Companion Scheme” will also be launched, under which young green building practitioners from the “Green Building Young Leaders (GBYLs)” Programme will answer participants’ technical questions on a voluntary basis and provide professional advice throughout the Competition.
Entries will be assessed on four criteria: application of sustainability from the environment, economics and social aspects or green building concepts, originality, creativity and innovation, effectiveness of presentation, and feasibility of implementation. Participants who join the “Green Building Tour and Training Workshop” and complete the designated questionnaires will receive bonus marks.
Attractive Prizes and Development Opportunities to Help Students Build Careers
Each category offers Champion, First Runner-up, Second Runner-up and Merit awards, with cash prizes of up to HK$8,000, trophies and certificates. As the sole sponsor, Chinachem Group will also offer special awards to demonstrate its ongoing commitment to nurturing future talent. Full award details will be announced later.
Beyond cash prizes and certificates, HKGBC offers diverse extra recognition and development opportunities. Winning entries will be exhibited at D．PARK , further showcasing participants’ creativity and achievements and enriching their personal portfolios.
Tertiary winners may also be invited to internship interviews with Chinachem Group, Arup, and other leading green building organisations, thereby laying a solid foundation for future careers in green building and sustainable development.
Details of “My Green Space” Student Competition 2026-2027：
The Competition is open to students from local primary and secondary schools or local and Greater Bay Area Tertiary Institutions in the academic year 2026/27.
Students can participate as individuals or in groups of up to 6 members. Each participant can join one group only.
Each entrant or group is allowed to submit 1 entry only.
The issuer is solely responsible for the content of this announcement.
About the Hong Kong Green Building Council (HKGBC)
The Hong Kong Green Building Council (HKGBC) is a non-profit, member-led organisation established in 2009 and has become a public body under the Prevention of Bribery Ordinance since 2016. The HKGBC strives to promote the standard and development of sustainable buildings in Hong Kong. The HKGBC also aims to raise green building awareness by engaging the government, the industry and the public, and to develop practical solutions for Hong Kong’s unique, subtropical built environment of high-rise, high density urban area, leading Hong Kong to achieve carbon neutrality by 2050 and to become a world’s exemplar of green building development. The Founding Members of the HKGBC include the Construction Industry Council (CIC), the Business Environment Council (BEC), the BEAM Society Limited (BSL) and the Professional Green Building Council (PGBC).
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