Omoda and Jaecoo are preparing to introduce an AI-powered driverless parking system in the UAE, bringing automated valet-style functions to selected models as the country accelerates its push into smart mobility, artificial intelligence and autonomous transport. The system, called VPD, or Valet Parking Driver, enables a vehicle to identify a vacant bay, navigate through complex parking areas and park itself without the driver remaining inside or standing […]
Greenlogue/AP Green GSM Philippines has secured a strategic financing and digital banking partnership with Philippine National Bank, giving the all-electric ride-hailing operator fresh support for fleet expansion, driver payroll and nationwide growth as the Philippines accelerates its shift towards cleaner urban transport. The partnership centres on P2 billion in credit facilities extended by PNB to finance the acquisition of electric vehicles and support working capital requirements. The […]
MANILA, PHILIPPONES – Media OutReach Newswire – 1 June 2026 –Green GSM Philippines and Philippine National Bank (PNB) officially announced a strategic partnership in financial and digital banking services to support the operations and expansion of Green GSM’s all-electric ride-hailing ecosystem in the Philippines. The agreement marks the next step in Green GSM’s strategy to develop the infrastructure supporting its electric mobility model, as the company continues to expand across major urban areas and gradually build a sustainable long-term operating ecosystem in the Philippine market.
Mr. Edwin R. Bautista, President and Chief Executive Officer of Philippine National Bank (third from left); Ms. Thuy Vu Dropsey, Chief Corporate Development & Strategic Finance Officer at Vingroup (third from right); and Mr. Dao Quy Phi, Managing Director of Green SM Southeast Asia (far right), together with representatives of the parties at the partnership signing ceremony between Green GSM and Philippine National Bank. Under the partnership, PNB provided a PHP 2 billion credit facility to support Green GSM’s operational expansion and fleet growth in the Philippines. The facility supported Green GSM’s fleet expansion and operating capacity in the Philippines.
Alongside the credit facility, the two parties also implemented digital account management and payment systems for Green GSM’s driver network. Through PNB’s corporate banking platform and digitized onboarding processes, account opening and activation times are significantly reduced, helping Green GSM strengthen operational management as it expands driver network.
As cities continue to seek lower-emission transport solutions, financial systems, digital payments, driver management and operating standards are becoming increasingly important to supporting mobility platforms at scale.
In the Philippines, Green GSM is building mobility model through the integration of technology, an all-electric fleet, and standardized operating systems. Following its strategic partnership with Xentro Group in 2025 and the launch of the Green Xentro fleet in Rizal earlier this year, the company continues to expand its presence through long-term collaborations with local partners and domestic financial institutions.
“We appreciate Green GSM’s long-term development direction in the Philippines, not only in advancing low-emission mobility, but also in the way the company is building an operating model with scalability and clear governance foundations,” said Mr. Edwin R. Bautista, President and Chief Executive Officer of PNB. “The transition toward sustainable transport will require ecosystems capable of supporting stable long-term growth, together with the financial and operational foundations needed to enable that expansion.”
Ms. Le Thi Thu Trang, Chief Executive Officer of Green GSM Philippines, said: “For Green GSM, developing an all-electric mobility model is not only about expanding the fleet, but also about building an operating system that is stable, standardized, and capable of sustainable long-term growth. Our partnership with PNB will help strengthen the financial and operational foundations needed to enhance service quality and support Green GSM’s continued expansion in the Philippines.”
Green GSM develops its all-electric mobility model through the combination of technology, standardized operating systems, and professionally trained drivers. The platform is supported by real-time monitoring and operational systems designed to maintain service consistency across major urban areas.
The partnership with PNB further reinforces Green GSM’s long-term direction in the Philippines, where the company continues to strengthen its operating foundations, service standards, and driver support systems in order to maintain service quality as operations scale further.
Hashtag: #GreenSM
The issuer is solely responsible for the content of this announcement.
About GSM & Green SM
GSM (Green Smart Mobility) is a pioneering multi-platform company operating all-electric ride-hailing services. With a focus on sustainable transport development, GSM operates a mobility model powered entirely by VinFast electric vehicles, combining technology, service standards, and operational ecosystems to support the future of low-emission urban mobility.
Green GSM is GSM’s official brand in the Philippines and is part of the broader Green SM global ecosystem, alongside Xanh SM in Vietnam and Laos, and Green SM in Indonesia. Across all markets, the brand focuses on delivering modern mobility experiences through VinFast electric vehicles, professional drivers, and operating systems built around safety, consistency, and service quality.
About Philippine National Bank (PNB)
Philippine National Bank (PNB) is one of the Philippines’ largest private commercial banks in terms of assets and deposits. The bank provides a full range of financial and banking services to individual customers, businesses, institutions, and overseas Filipino communities. With a history spanning more than a century, PNB continues to focus on growth strategies driven by digital transformation, operational efficiency, and sustainable development in the financial sector.
Positron AI has opened its first office outside the United States at Dubai International Financial Centre, placing the AI infrastructure developer inside one of the region’s fastest-growing technology and financial ecosystems. The move gives the US-based company a licensed presence in DIFC as it seeks to expand demand for AI inference systems across the Middle East, Africa and South Asia. Positron AI has raised more than $300 […]
A destructive cyber campaign tied to Iran-linked operators has targeted organisations in the Middle East and abroad, deleting virtual machines, databases, partitions and backup repositories in attacks designed to cripple recovery as well as disrupt daily operations. The activity has been linked by forensic investigators to infrastructure and tactics associated with Black Shadow, a long-running threat group assessed by Israeli authorities and private researchers as operating on […]
Millions of Ethiopians began voting on Monday in the country’s 7th General Election, a high-stakes parliamentary and regional contest expected to consolidate Prime Minister Abiy Ahmed’s ruling Prosperity Party while testing public confidence in the electoral process. More than 50 million people are registered to vote across Africa’s second most populous country, where polling stations opened after months of voter registration, candidate nominations, political campaigns, public debates […]
Amazon Web Services has begun replacing parts of its data centre networking system with a flatter, quasi-random architecture aimed at moving cloud traffic faster while reducing the amount of equipment, electricity and physical cabling needed inside its facilities. The shift marks a notable change in the way one of the world’s largest cloud operators builds the internal networks that connect servers, storage systems and routers across its […]
Hackers are using fake Signal support messages to trick users into handing over backup recovery keys, opening a new front in attacks against one of the world’s most trusted encrypted messaging platforms. The campaign centres on messages sent inside Signal from accounts posing as “Signal Support”. Targets are warned that their backed-up chats and media face permanent loss because of a supposed sync problem. They are then […]
Global economic leaders have warned that the Middle East war is tightening energy supplies, disrupting trade routes and placing the heaviest burden on poorer economies already struggling with inflation, debt and food-security pressures. The heads of the International Energy Agency, International Monetary Fund, World Bank and World Trade Organization issued the warning on Friday as the U. S.-Israel war on Iran continued to unsettle commodity markets and […]
Arabian Post Staff -Dubai Finnish-listed Hiab has agreed to buy Labrie Environmental Group for $1.04 billion, moving into North America’s refuse collection vehicle market through one of the sector’s established manufacturers and adding a higher-margin platform to its load-handling equipment business. The all-cash acquisition values Labrie at $1.035 billion on a cash- and debt-free basis, equivalent to about €890 million using end-May European Central Bank exchange rates. […]
Arabian Post Staff -Dubai Tehran has warned it will reject any settlement with Washington unless the agreement delivers verifiable protection for the rights and interests of its people, sharpening the terms around negotiations aimed at ending the conflict with the United States. Mohammad Bagher Ghalibaf, Iran’s Parliament speaker and a central figure in talks with Washington, said no agreement would be approved without certainty that Iran had […]
Playstack is set to come under the majority ownership of Integrated Media Company in a deal that values the Balatro publisher at about £125 million, marking one of the more closely watched transactions in the independent games market this year. TruFin, the London-listed fintech and investment group that owns 84.5 per cent of Playstack, has agreed to sell its holding to VantageCo Limited, an indirect wholly owned […]
TAIPEI, TAIWAN – Media OutReach Newswire – 1 June 2026 – Asian Safety & Security Online Exhibition 2026 (ASSOE 2026) officially opens today, launching a five-month online exhibition dedicated to the global safety and security industry. Running through October 31, 2026, the exhibition connects international buyers with qualified suppliers across a wide range of safety, security, industrial protection, workplace safety, and smart security sectors.
Organized jointly by AsianNet and the global B2B marketplace TradeAsia (www.e-tradeasia.com), ASSOE 2026 provides suppliers with long-term international exposure while helping buyers efficiently discover products, compare suppliers, and submit sourcing inquiries online. Through TradeAsia’s B2B matchmaking platform, the exhibition supports cross-border procurement opportunities and strengthens business connections between global buyers and Asian manufacturers.
Expanding International Sourcing Opportunities Through Global Industry Exposure
To increase global visibility and sourcing opportunities, ASSOE 2026 aligns its exhibition period with several major international industry events, including INTERSCHUTZ 2026, Expo Seguridad México, NSC Safety Congress & Expo, SECURITY ESSEN, and FISP. By running alongside major international industry exhibitions, ASSOE 2026 helps increase global exposure for participating suppliers and creates more sourcing opportunities for international buyers.
Through the ASSOE 2026, buyers can review supplier information, browse product catalogs, and directly contact exhibitors for sourcing inquiries. ASSOE 2026 helps suppliers increase global exposure while giving buyers convenient access to qualified manufacturers and a wide range of safety and security solutions.
Comprehensive Product Categories Across the Safety & Security Industry
These exhibitors showcase a diverse range of products and applications covering smart security technologies, industrial safety equipment, protective products, automotive safety solutions, access control systems, and related safety and security applications.
Supporting Global B2B Trade Through Digital Sourcing Solutions
Powered by TradeAsia’s B2B platform, ASSOE 2026 provides exhibitors with online product showcases, supplier profiles, and digital e-catalogs designed to increase international exposure and sourcing opportunities.
International buyers can browse products and communicate with suppliers online regardless of location or time zone, making it easier to compare products, evaluate supplier capabilities, and submit inquiries efficiently. The exhibition’s long-term online format also enables participating companies to maintain continuous visibility throughout the five-month exhibition period.
By integrating online sourcing, digital promotion, and buyer-supplier matchmaking services, ASSOE 2026 creates an efficient environment for global B2B trade and international procurement across the safety and security industry.
The issuer is solely responsible for the content of this announcement.
About TradeAsia
The web-based marketplace located at www.eTradeAsia.com functions as an essential vehicle for global B2B matchmaking by prioritizing transactional outcomes for procurement professionals and corporate vendors worldwide. This expansive network unifies an extensive audience of millions of registered buyers alongside more than 600,000 active manufacturing entities within a constantly evolving product database. Beyond its digital architecture, the enterprise leverages formal partnerships with hundreds of transnational trade federations and industrial expo organizers. This strategic framework merges cloud-based positioning with on-site promotional operations to optimize international market penetration and drive high-impact marketing results across geopolitical boundaries.
Thousands of households across southeast England were left without water or struggling with low pressure after record-breaking temperatures collided with a dry spring, placing renewed scrutiny on the resilience of Britain’s ageing water network and the performance of South East Water. The disruption reached more than 20,000 people at its height, with about 8,000 affected in Whitstable, Kent, where residents queued for bottled water and some businesses […]
Cash App has opened USDC payments to eligible customers, giving one of America’s largest consumer finance apps a stablecoin payments rail while keeping Bitcoin at the centre of its digital assets strategy. The Block-owned platform now allows users to send and receive USD Coin without managing a separate stablecoin wallet. USDC sent into Cash App is converted automatically into US dollars, while outgoing payments can be made […]
A malicious NuGet package posing as a Sicoob software development kit has exposed sensitive banking authentication data, intensifying concerns over attacks that exploit trust in open-source developer ecosystems. The package, published as Sicoob. Sdk, was presented as a C# SDK for integrations with Sicoob, one of Brazil’s largest cooperative financial systems. Versions 2.0.0 to 2.0.4 were found to collect client IDs, PFX passwords and base64-encoded PFX certificate […]
Russia-linked cyber operators tracked as GREYVIBE have used generative artificial intelligence tools including ChatGPT and Google Gemini to widen cyber-espionage operations against Ukraine-linked targets, signalling a shift in how lower-skilled threat groups can build lures, malware and infrastructure at speed. The activity, active since at least August 2025, has targeted military, government, civilian and business-related organisations through phishing emails, fake verification pages, fraudulent websites and custom malware. […]
Global energy markets face mounting strain heading into the northern hemisphere summer as the prolonged closure of the Strait of Hormuz threatens fuel availability, price stability and wider economic resilience across oil-importing economies. Warnings from the International Monetary Fund, the International Energy Agency and the World Bank have sharpened concern that emergency inventories are being depleted at an unusually rapid pace after weeks of disruption to one […]
Several Americans were injured and two MQ-9 Reaper drones were badly damaged after an Iranian ballistic missile aimed at Kuwait’s Ali Al Salem Air Base was intercepted by Kuwaiti air defences, sharpening doubts over a fragile US-Iran ceasefire as President Donald Trump weighs whether to extend the truce. The Fateh-110 missile was brought down before reaching its target, but falling debris struck the air base, causing minor […]
Washington has sharply criticised a United Nations decision to place Israel’s armed and security forces on a blacklist linked to conflict-related sexual violence, calling the move “ridiculous” as the report deepened tensions between Israel, the UN leadership and Western capitals over the conduct of the Gaza war. The annual report by UN Secretary-General António Guterres added Israeli forces to a list of parties “credibly suspected” of committing […]
Arabian Post Staff -Dubai Gulftainer’s 35-year Port Canaveral concession has become a durable foothold for UAE-linked port capital in the United States, with the Florida terminal now tied to cargo handling, bonded warehousing and commercial space logistics at one of America’s most strategically located maritime gateways. The agreement, signed in 2014 between Port Canaveral and GT USA, Gulftainer’s United States subsidiary, gave the company responsibility for operating […]
OpenRouter has raised $113 million in Series B funding, marking one of the strongest investor endorsements yet for the fast-growing layer of artificial intelligence infrastructure that helps developers and companies route work across competing AI models rather than rely on a single provider. CapitalG, Alphabet’s independent growth fund, led the round, with participation from NVentures, the venture capital arm of NVIDIA, as well as ServiceNow Ventures, MongoDB […]
China-linked hacking groups have used the Middle East war to intensify cyber-espionage attempts against maritime, energy and political targets across the Gulf, exposing how regional conflict is being turned into an intelligence-gathering opportunity for rival powers. The activity, tracked between October 2025 and March 2026, shows threat actors aligned with Beijing moving quickly around geopolitical shocks, particularly after the escalation involving Iran from late February. Maritime affairs, […]
Australia’s Fair Work Commission is overhauling its procedures after generative AI tools helped fuel a sharp rise in workplace claims, adding pressure to a tribunal already dealing with record demand across dismissal and general protections matters. The national workplace tribunal has moved to review how applications are filed, screened and managed as self-represented workers increasingly use AI systems to prepare claims, submissions, witness statements and appeal notices. […]
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