Russian military-linked hackers have hijacked vulnerable internet routers to steal passwords, authentication tokens and other sensitive data, according to a new warning from the UK’s National Cyber Security Centre, which said the activity was tied to APT28, a group long associated with Moscow’s GRU military intelligence unit 26165. British officials said the campaign worked by altering router settings so internet traffic could be redirected through malicious Domain […]
The head of the International Monetary Fund on Monday defined the direction of glbal economic travel with unusual clarity. “All roads now lead to higher prices and slower growth,” said managing director Kristalina Georgieva in an interview. The IMF had expected global growth of 3.3% in 2026. Six weeks of war centred on Iran and the disruption of the Strait of Hormuz have already forced a rethink. […]
Strategy has bought another 4,871 Bitcoin for $329.9 million, extending the company’s long-running cryptocurrency accumulation plan and taking its total holdings to 766,970 BTC as of April 5, according to a regulatory filing released on April 6. The company said the latest purchases were made at an average price of $67,718 per Bitcoin, lifting its aggregate spend on the token to about $58.02 billion since it […]
Microsoft has warned that a threat actor it tracks as Storm-1175 is exploiting vulnerabilities in internet-facing systems at high speed to deliver Medusa ransomware, in some cases moving from initial access to data theft and encryption within 24 hours. The alert points to a pattern that security teams have feared for months: a shrinking window between vulnerability disclosure, exploitation and full-scale ransomware deployment. The group, described […]
Strong earnings, expanding EV infrastructure and a growing digital user base reflect OR’s ongoing transformation from traditional fuel retail to integrated mobility and lifestyle services — with OR positioning itself as a scalable platform for regional partnership across Asia.
BANGKOK, THAILAND – Media OutReach Newswire – 7 April 2026 – PTT Oil and Retail Business Public Company Limited (OR), Thailand’s largest energy and lifestyle retail operator, reported 2025 EBITDA of 20,357million baht (approximately USD 645 million), a 15.2% increase year-on-year, as net profit rose 47.8% to 11,304 million baht (approximately USD 357 million) despite a 9.0% decline in total revenue. The results reflect stronger cost management and a continued shift in the company’s growth strategy toward ecosystem-led expansion across mobility, retail and digital services.
To support that expansion, OR has committed 58,000 million baht (approximately USD 1.84 billion) under a five-year investment plan running from 2026 to 2030. The plan prioritizes mobility infrastructure development, lifestyle platform enhancement, EV charging network expansion, and innovation investment — with the aim of consolidating OR’s position as an integrated mobility and consumer ecosystem operator across the region.
OR’s existing infrastructure provides a significant base from which to execute that strategy. The company’s nationwide service station network currently serves 3.9 million users per day, one of the consumer touchpoint frequencies in Thailand, with a target to reach 5 million daily users by 2030. The network integrates fuel retail, EV charging under the EV Station PluZ brand, food and beverage, health and wellness, and lifestyle services. Café Amazon, OR’s coffee chain, operates more than 4,600 outlets in Thailand and international markets, contributing to sustained consumer traffic across the network. Most recently, OR announced a joint venture with Centara to develop budget hotels at PTT Stations, targeting 70 to 80 rooms per site alongside existing amenities — a move that extends the network’s role from daily convenience into overnight hospitality.
OR is expanding EV Station PluZ further in step with its existing fuel network as electric vehicle uptake accelerates across Southeast Asia. The move reflects both the region’s shifting policy landscape and growing infrastructure demand, with OR positioning the mobility transition as a long-term growth opportunity and a gateway for partnership-driven market entry across the region.
OR’s digital platform reinforces the physical network’s reach. The blueplus+ loyalty application has accumulated 9.3 million registered members, with a target of 14 million by 2030. Beyond driving repeat visits, the platform gives OR granular visibility into consumer behavior across its entire ecosystem — enabling personalized engagement, cross-selling across business lines, and new revenue streams that a purely physical network could not unlock. With membership scale still growing, OR sees the model as a strong foundation for data-led consumer engagement as it pursues regional expansion across Asia.
OR is also in discussions regarding cross-border expansion models that would allow regional dealers, investors and operators to access its ecosystem infrastructure. OR is positioning itself to potential partners not as a conventional energy retailer but as an integrated lifestyle and mobility platform with the operational scale and digital capabilities to support localized deployment across diverse Asian markets.
“Our strategy is simple: to integrate and create synergy through a scalable and sizable model. We’ve built a profitable digital-physical ecosystem and are now seeking strategic partners to unlock growth in Asia’s fast-moving mobility and consumer sectors.,” said M.L. Peekthong Thongyai, Chief Executive Officer of PTT Oil and Retail Business Public Company Limited.
The issuer is solely responsible for the content of this announcement.
About OR
PTT Oil and Retail Business Public Company Limited (OR) is a leading Thai energy and retail company with operations across 10 countries. OR operates through four core business groups: Mobility Business, providing energy solutions via PTT Station, PTT Lubricants, PTT LPG, and EV Station PluZ; Lifestyle Business, featuring Café Amazon, one of Asia’s largest coffee chains, along with convenience stores and space management; Global Business, driving international growth with over 400 PTT Stations and over 300 Café Amazon outlets; and OR Innovation Business, developing new ventures and sustainable solutions through technology and innovation.
Arabian Post Staff -Dubai UAE businesses are sharply increasing their use of artificial intelligence to cut costs, raise output and strengthen resilience, with AI-related spending rising 521 per cent over the past 13 months, according to a new market snapshot based on corporate payment data. The findings point to a shift from trial use to operational deployment, particularly among smaller businesses seeking quicker productivity gains in a […]
Iran-linked hackers mounted a coordinated password-spraying operation against Microsoft 365 tenants across the Middle East in March, with Israel and the United Arab Emirates emerging as the main targets in a campaign that cyber researchers say shows how regional conflict is increasingly being mirrored in the cloud. Check Point Research said the activity came in three waves on March 3, March 13 and March 23, hitting more […]
Israel has warned civilians across Iran to avoid trains and railway lines, signalling a new phase in its expanding campaign against Iranian infrastructure as the conflict entered a more dangerous stage on Tuesday. The Israeli military issued the message in Persian on its official account, telling people not to travel by rail or go near railway tracks until 9pm local time, and saying their presence there could […]
DAMAC Properties said it led Dubai’s property market by transaction volume in March, reporting sales of 3.12 billion dirhams across 1,106 transactions, a performance that put it ahead of Emaar Properties on 795 deals and Binghatti Holding on 578, according to Property Monitor data cited by the developer. The figures place DAMAC at the front of one of the Gulf’s busiest real-estate markets at a time when […]
Arabian Post Staff -Dubai Jazeera Airways has postponed a decision on its cash dividend for 2025, saying the move reflects caution rather than financial weakness as the Kuwait-based low-cost carrier responds to mounting regional disruption. In a board decision disclosed on 6 April, the airline said it had amended its recommendation to shareholders and would instead revisit the payout after first-quarter 2026 results, with the annual general […]
OpenAI has asked the attorneys general of California and Delaware to investigate Elon Musk, accusing the billionaire and his associates of improper and anti-competitive conduct as a legal fight over the company’s structure moves towards a jury trial in Oakland later this month. The dispute marks a sharp escalation in a feud that has come to symbolise the wider struggle over who controls advanced artificial intelligence and […]
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 7 April 2026 – The ACES Institute has officially released its latest comprehensive research publication titled “Doing Things Right, Doing the Right Things: The Scramble for the Soul of an Organisation.” The study provides a rigorous analysis of the modern corporate dilemma between operational efficiency and ethical conviction, introducing a leadership framework designed to help global organizations navigate increasingly fragmented stakeholder expectations.
Ren Li, Founder and CEO of Letright Industrial Corp., Ltd., whose commitment to ‘doing the right things’ led the company’s pivotal shift toward sustainable materials long before it became an industry standard.
The research, authored by Research Strategist Ager Freddy, Senior Researcher Timothy Benson, and ACES Institute President Dr. Shanggari Balakrishnan, argues that the phrase “doing the right thing” is frequently invoked in business discourse as a universal moral ideal, yet it is rarely examined through the lens of operational cost and strategic trade-offs. The study identifies that what is considered “right” varies significantly depending on the stakeholder ranging from regulatory compliance for governments and governance standards for investors to fair wages for employees and responsible resource use for environmental advocates.
The 4Cs Framework and Institutional Resilience
Central to the publication is the introduction of the 4Cs leadership framework: Creativity, Conscientiousness, Constancy, and Collaboration. According to the ACES Institute, these four pillars are essential for embedding ethical considerations directly into an organization’s product design, engineering processes, and corporate culture. The researchers suggest that by moving beyond surface-level corporate social responsibility and toward an institutionalized philosophy, companies can build a foundation for long-term differentiation and resilience.
The study acknowledges that this values-driven approach often necessitates difficult decisions that may carry significant short-term costs. Organizations pursuing deep sustainability or ethical strategies may face higher production expenses, skepticism from traditional market analysts, and resistance from consumers who express support for sustainability in theory but remain sensitive to price in practice. Furthermore, the research explores how global economic and political dynamics, such as shifting regulations and differing sustainability standards across international markets, complicate the efforts of leaders to maintain a consistent ethical stance.
Case Study Analysis: Letright Industrial Corp., Ltd.
To provide empirical evidence for these findings, the report examines the multi-decade journey of Letright Industrial Corp., Ltd., a manufacturer of premium outdoor living products. Under the leadership of founder and CEO Ren Li, the company made a pivotal decision in the early 2000s to abandon wood then the dominant material in the industry in favor of recyclable materials such as aluminum. This decision was driven by personal conviction regarding environmental impact rather than immediate market demand or regulatory requirements.
The case study illustrates the “Constancy” pillar of the ACES framework, noting that the move initially triggered significant resistance. During this period, customers continued to prefer traditional materials, employees questioned the strategic shift, and management warned of the financial consequences of declining orders. However, the research highlights that by persisting through this uncertainty, Letright successfully transitioned from an original equipment manufacturer (OEM) to an original design manufacturer (ODM). This shift allowed the company to build its own intellectual property, eventually leading to the development of the Ombra solar smart pergola, which integrates photovoltaic technology for renewable energy generation.
Executive Perspective on Global Leadership
“Organisations today operate in a landscape where expectations rarely align,” stated the authors of the study. “What appears responsible to one group may be viewed as inadequate or even harmful by another. Ultimately, ethical leadership does not mean achieving universal approval or avoiding difficult decisions. Instead, it requires organisations to define their own principles and align strategy, operations, and innovation around those values.”
The publication concludes that while “doing the right things” does not guarantee universal agreement, organizations that clearly define their values and consistently act on them are statistically more likely to build lasting relevance and resilience in an increasingly complex business environment. This research forms a key part of the ACES Institute’s ongoing mission to examine the intersection of leadership, sustainability, and responsible corporate transformation across global industries. Hashtag: #ACESInstitute #LetrightIndustrial
The issuer is solely responsible for the content of this announcement.
About ACES Institute
ACES Institute is a Kuala Lumpur-based research and thought leadership organisation focused on responsible leadership, sustainability, and organisational transformation. Through industry research, case studies, and strategic insights, the institute works with global companies and experts to explore how organisations can create long-term value while addressing complex economic, social, and environmental challenges.
About Letright Industrial Corp., Ltd. | Ombra Brand
Letright Industrial Corp., Ltd. is a global manufacturer of premium outdoor living solutions, specialising in innovative pergolas, outdoor furniture, and lifestyle products. Headquartered in Hangzhou, China, the company combines design innovation, advanced engineering, and environmentally responsible materials to deliver sustainable outdoor experiences for residential and commercial markets worldwide.
Dubai’s Roads and Transport Authority has opened a new Al Mutakamela vehicle testing and registration centre in Al Qusais, adding fresh capacity to a part of the city with heavy residential and commercial traffic and extending access to licensing services for motorists in the eastern districts. The facility began operations on 6 April and is intended to ease processing for both private vehicle owners and business customers. […]
A malware campaign targeting organisations in South Korea is using weaponised Windows shortcut files and GitHub’s infrastructure to slip past standard network defences, according to threat researchers who say the operation relies on native Windows tools, hidden scripts and trusted web traffic to keep a low profile. Technical analysis published over the past few days shows the attackers embedding or decoding malicious PowerShell from LNK files, then […]
Paramount Skydance is moving to shore up financing for its planned takeover of Warner Bros Discovery with nearly $24 billion in equity commitments from three Gulf sovereign wealth funds, a step that would strengthen funding for one of the biggest media deals ever attempted and deepen Middle East capital’s role in reshaping Hollywood. The Wall Street Journal reported on Sunday that Saudi Arabia’s Public Investment Fund is […]
Arabian Post Staff -Dubai ADNOC Gas said its domestic supply chain remains intact after damage at part of the Habshan complex on April 3, with gas demand inside the UAE being met through other facilities and no disruption to customer supply. The company told the Abu Dhabi Securities Exchange that the affected area had been isolated and that a full assessment of damage to the Habshan train […]
Google DeepMind has warned that autonomous AI agents face a widening security risk from malicious web content designed not for humans, but for machines that browse, interpret and act online. The threat, described by researchers as “AI Agent Traps”, centres on adversarial web pages and digital resources crafted to mislead, hijack or exploit AI systems as they move beyond chatbot functions into tasks such as handling email, […]
Bit Reactor founder Greg Foertsch has praised Lucasfilm Games and Respawn Entertainment for backing Star Wars Zero Company, saying the decision to build a turn-based tactics title around one of entertainment’s biggest franchises stood out at a time when much of the games business is leaning towards safer, more familiar ideas. Foertsch said the two companies showed “vision and the courage and the conviction” by trusting a […]
Drift Protocol has said the theft of about $270 million to $286 million from its platform was the result of a six-month operation by North Korea-linked actors who built trust slowly, posed as a legitimate trading firm and used face-to-face meetings, capital deposits and carefully timed social engineering to prepare the strike. The Solana-based exchange’s account adds a new layer to an attack that security researchers had […]
Italy has introduced temporary jet fuel limits at four airports as supply strains tied to the Middle East conflict begin to hit European aviation, raising the prospect of operational disruption just as airlines prepare for heavier spring and summer traffic. Notices to airmen issued for Bologna, Milan Linate, Venice and Treviso said Jet A1 availability from Air BP Italia was limited, with restrictions running between April 2 […]
Federal agents in the United States have arrested a woman identified by Washington as the niece of slain Iranian commander Qassem Soleimani, along with her daughter, after Secretary of State Marco Rubio revoked their lawful permanent resident status, according to statements issued on April 4. The pair are now in the custody of US Immigration and Customs Enforcement, marking the latest step in a wider campaign against […]
Tata Steel has been served with a demand notice of ₹17.55 billion by the District Mining Office in Ramgarh, Jharkhand, over alleged excess coal extraction at its West Bokaro Colliery, adding another legal challenge to the steelmaker’s long-running mining disputes in eastern India. The company said it received the notice on April 3, a day after the end of the financial year, and would contest it through judicial or quasi-judicial forums.
In its stock exchange disclosure dated April 4, Tata Steel said the notice, dated March 30, alleges extraction of about 162.4 million tonnes of mineral coal beyond permissible limits during the period from FY2000-01 to FY2006-07. The company said the demand had been framed on grounds similar to those examined by the Supreme Court in the Common Cause versus Union of India litigation, a landmark case that hardened official scrutiny of mining done beyond environmental or statutory limits.
The scale and vintage of the claim are striking. By reaching back more than two decades, the notice underscores how historical mining records, clearances and production caps remain exposed to reinterpretation by regulators long after the ore or coal has been extracted. For Tata Steel, which has spent years simplifying its structure and strengthening its balance sheet while managing volatile steel demand, the notice also revives a regulatory risk investors know well: mining-linked liabilities that can surface suddenly and run into hundreds or thousands of crores.
Tata Steel has taken a firm line in response. In its filing, management said the claim “lacks justification and substantive basis” and indicated it would pursue legal remedies. That wording suggests the company does not see the notice as an immediately payable liability, but as a disputed demand that will have to be tested through litigation or administrative review. Bloomberg, citing the company statement, reported the amount at about $189 million.
The case fits into a wider pattern. Tata Steel’s annual reports already describe other significant Jharkhand mining disputes, including older claims tied to alleged unlawful iron ore extraction after the expiry of lease renewals. In those disclosures, the company said a demand of ₹3,568.31 crore had been challenged before the Jharkhand High Court, while another ₹421.83 crore notice had also been disputed and partly paid under protest after transit permits were halted. Tata Steel said in that filing that it believed it was remote the state’s demand would ultimately survive.
That history matters because it shows the latest notice is not an isolated compliance issue but part of a broader tension between mining companies and state authorities over how production limits, lease terms and environmental permissions should be interpreted. The Common Cause rulings sharpened the legal and financial consequences of excess extraction, especially where production outstripped environmental clearance or statutory approvals. Courts and regulators have since shown a greater willingness to revisit older conduct and calculate compensation on a far more punitive basis than companies had anticipated years ago.
For Jharkhand, one of the country’s key mining belts, such claims carry a dual message. They show the state remains determined to pursue compensation linked to alleged over-extraction, while also signalling to miners that legacy operations are not beyond review. For the industry, the episode is another reminder that captive mines, often central to cost control for steelmakers, bring legal and policy exposure alongside raw material security. The business logic of owning mineral assets remains strong, but it comes with increasingly intense compliance scrutiny.
The timing is also notable. Tata Steel has faced other mining-related claims over the past year, including a demand from Odisha in July 2025 linked to mineral dispatch issues at the Sukinda Chromite Block. While the factual basis of that case differs from the West Bokaro matter, the accumulation of notices across jurisdictions suggests large resource companies remain under close watch from state mining departments even as policymakers push for higher domestic output of minerals and metals.
Ethereum’s main non-profit steward has moved sharply deeper into staking, depositing 45,034 ether worth about $93 million in a single day and taking its cumulative staked holdings to roughly 67,500 ETH, or about $143 million at current prices. The move leaves the Ethereum Foundation just short of the 70,000 ETH level it set out in February as part of a broader treasury strategy intended to generate on-chain […]
du said its National Hypercloud has received certification and endorsement from the UAE Cybersecurity Council, a step the company described as making it the first compliant, secure and sovereign cloud infrastructure approved for deployment across both public and private sectors in the UAE. The announcement places the telecom group at the centre of a fast-moving contest over where sensitive data is stored, who controls the infrastructure, and […]
