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Singapore leads the region in maturity but faces critical scaling bottlenecks.

SINGAPORE – Media OutReach Newswire – 15 April 2026 – ST Telemedia Global Data Centres (STT GDC), one of the world’s fastest-growing data centre colocation service providers headquartered in Singapore, today announced the findings of a new regional research study, Mind the Gap: Bridging the AI Infrastructure Readiness Divide, examining how organisations across Asia are progressing from AI ambition to execution. Commissioned by STT GDC with research partner Ecosystm, the study surveyed more than 600 enterprise and digital-native leaders across nine Asian markets: India, Indonesia, Japan, Malaysia, the Philippines, Singapore, South Korea, Thailand and Vietnam.

High adoption, limited readiness across Asia

The report reveals that AI ambition across Asia is high, with nearly 90% of organisations having embarked on their AI journeys. However, a significant 71% remain in the “Builder” stage of maturity, where initial AI pilots struggle to scale into production environments capable of delivering consistent and measurable return on investment (ROI). In contrast, only 17% of organisations are considered “future ready”, having invested in scalable infrastructure, mature data governance and specialised operational expertise, highlighting a widening readiness gap across the region.

Challenges faced by the Builders

Across Asia, the research identifies a reinforcing cycle that keeps many organisations stuck in pilot mode. AI initiatives are often launched on infrastructure that cannot scale to production, limiting their ability to demonstrate measurable ROI and making it harder to justify further investment in purpose-built, high-density environments. This challenge is compounded by gaps in in-house expertise, with many organisations lacking the specialist operational skills required to manage increasingly complex AI infrastructure at scale.

“Across Asia, organisations are moving quickly from experimentation to implementation, but many are discovering that AI success now depends less on training models and more on foundations,” said Chris Street, Group Chief Revenue Officer of ST Telemedia Global Data Centres. “Without scalable infrastructure and operational readiness in place, it becomes difficult to convert early AI ambition into consistent business value.”

The Sustainability Blind Spot

Despite rising energy and cooling demands driven by AI workloads, sustainability considerations remain secondary for most organisations when evaluating infrastructure options. Although 27% of organisations say ESG goals will actively shape or be central to their future plans, 64% of organisations across Asia continue to prioritise performance or cost, even as power density, thermal efficiency and long‑term total cost of ownership become increasingly critical factors in scaling AI responsibly.

A disconnect between what organisations want and what they need

The study also highlights a persistent disconnect between how organisations evaluate infrastructure partners and the capabilities they actually need to scale AI. Across Asia, organisations continue to prioritise baseline requirements like security and reliability, despite identifying operational expertise, scalability and cost efficiency as their most significant challenges.

Singapore: ahead of the region, but facing a new constraint

These challenges are visible across the region, but they manifest differently in more mature markets. Singapore stands out against the regional baseline with a significantly larger share of organisations having progressed beyond early-stage pilots. While only 17% of organisations across Asia are considered future‑ready, 40% of Singapore organisations have reached the Integrator stage, reflecting stronger early execution and deployment capability.

However, the study also finds that the final step to leadership remains the most difficult. Only 3% of Singapore organisations have reached the “Leader” stage of AI infrastructure maturity, signalling that even in Asia’s most mature AI market, the transition from integration to full leadership remains difficult.

Scaling, not adoption, is now the key challenge

In Singapore, where adoption is more advanced, the constraints have shifted. Limited infrastructure headroom, shortages in specialised operational expertise and continued investment discipline are now emerging as the primary barriers to scaling AI workloads and sustaining leadership.

“For Singapore, AI adoption is relatively mature; the defining challenge now is scaling deployments fast enough to support real‑world demand,” said Mingcheng Lim, Country Head – Singapore, ST Telemedia Global Data Centres. “Whether the country can maintain its lead in the region will depend on whether infrastructure capacity, specialist expertise and investment approaches can evolve at the same pace as AI workloads.”

Sustainability awareness has yet to shape infrastructure choices

In Singapore, regulatory expectations have driven relatively high awareness of sustainability issues. However, sustainability continues to rank among the lowest priorities when organisations evaluate infrastructure providers, highlighting a gap between awareness and action, even as power density, thermal efficiency and long‑term cost efficiency become increasingly important to scaling AI responsibly.

The mismatch between wants and needs persists

As with the wider region, Singapore organisations continue to evaluate infrastructure providers based on familiar baseline criteria, even as their scaling challenges point to a growing need for specialist expertise, speed to scale and sustainable, high‑density infrastructure capability.

These findings suggest that Asia’s next phase of AI progress will be defined not by ambition alone, but by execution capability. For Singapore, sustaining regional leadership will depend on infrastructure strategies that support scale, resilience and speed, enabling organisations to convert early AI momentum into enduring competitive advantage.

To download the report, Mind the Gap: Bridging the AI Infrastructure Readiness Divide, please visit: https://www.sttelemediagdc.com/resources/ai-readiness-assessment-report.Hashtag: #STTelemedia #STTGDC

The issuer is solely responsible for the content of this announcement.

About ST Telemedia Global Data Centres

ST Telemedia Global Data Centres (STT GDC) is one of the fastest-growing data centre providers with a global platform serving as a cornerstone of the digital ecosystem that helps the world to connect. Powering a sustainable digital future, STT GDC operates across Singapore, the UK, Germany, India, Italy, Thailand, South Korea, Indonesia, Japan, the Philippines, Malaysia and Vietnam, providing businesses an exceptional foundation that is built for their growth anywhere. For more information, visit.

  Slate Auto, the electric vehicle start-up backed by Jeff Bezos, has raised $650 million as it pushes towards launching an affordable electric pickup priced in the mid-$20,000 range, handing the company one of the bigger funding rounds in a US EV market that has turned markedly harsher for newcomers. The company said the money will support the rollout of its first vehicles later this year, with […]

Saudi Arabia has pledged an additional $3 billion in support for Pakistan and agreed to extend a $5 billion deposit for a longer period, giving Islamabad fresh breathing space as it works to manage external financing pressures and a looming $3.5 billion repayment obligation to the United Arab Emirates this month. Pakistan’s finance minister, Muhammad Aurangzeb, disclosed the support in Washington, and the arrangement was confirmed by […]

The International Monetary Fund, World Bank and International Energy Agency are moving towards scheduled calls every two weeks as they deepen coordination over the economic and energy fallout from the war in the Middle East, with officials warning that prolonged disruption could sharpen inflation, weaken growth and hit poorer energy-importing countries hardest. The three bodies first set up a joint coordination group at the start of April […]

Amazon has struck an $11.57 billion deal to buy Globalstar, a move that would give the technology group a sharper edge in satellite communications, deepen its rivalry with SpaceX’s Starlink and place it at the centre of the next phase of smartphone connectivity, including services tied to future iPhone and Apple Watch models. The proposed acquisition, announced on April 14, would fold Globalstar’s satellites, spectrum assets and […]

Goldman Sachs has moved further into digital assets with a filing for the Goldman Sachs Bitcoin Premium Income ETF, a proposed fund designed to give investors exposure to bitcoin-linked products while generating income by selling call options. The preliminary prospectus was filed with the US Securities and Exchange Commission on April 14, and sets out a strategy aimed at current income alongside capital appreciation rather than a […]

Losses from hacks, phishing and other Web3 security incidents climbed to about $482.6 million in the first quarter of 2026, even as projects expanded audits, compliance work and other defensive controls. The biggest change was not simply the amount lost, but where attackers found success: away from pure code exploits and deeper into off-chain operations, user manipulation and privileged access. Data published by security firm Hacken shows […]

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Super Typhoon Sinlaku battered Saipan and Tinian in the Northern Mariana Islands on Wednesday, ripping away roofs, toppling power lines and flooding homes as one of the fiercest storms to strike the Western Pacific this year swept across the remote U. S. territory. Officials said residents were told to remain in reinforced shelters and concrete buildings as dangerous winds and heavy rain continued long after the eye […]

Reserve Bank officials have opened discussions with commercial lenders on how to attract larger and more stable deposits, as the banking system grapples with a widening mismatch between loan growth and deposit mobilisation. The push comes as households channel a bigger share of savings into equities and mutual funds, leaving banks under pressure to compete harder for retail money and rely more on costlier wholesale funding.

The backdrop is a funding strain that has become harder for lenders to ignore. Data cited in market reports show credit growth has continued to outpace deposit growth, with loans rising 14.5% year on year as of late February against deposit growth of 11.9%. By mid-March, the system credit-deposit ratio had climbed above 83%, a level analysts describe as historically stretched, underscoring how aggressively banks have had to deploy funds to sustain lending across retail, corporate and small business segments.

That imbalance is feeding directly into banks’ funding costs. Lenders have increasingly turned to certificates of deposit, a short-term market instrument used to raise money from institutional investors, because traditional deposit inflows have not kept pace with credit demand. Reuters reported that outstanding certificates of deposit had risen to a record 6.64 trillion rupees by February 28, while the premium banks were paying over comparable treasury bill yields had widened to levels last seen during the Covid-era funding stress of 2020.

Senior bankers have acknowledged the pressure. Indian Bank managing director and chief executive Binod Kumar told Reuters that some lenders had already raised fixed deposit rates, but that strong credit growth meant funding pressure was likely to persist. That suggests the central bank’s consultations are not merely precautionary; they reflect a structural concern inside the financial system over the quality and stability of bank liabilities, especially at a time when competition for household savings is no longer confined to rival banks.

A key reason lies outside the banking sector. The Economic Survey for 2025-26 said the share of equity and mutual funds in annual household financial savings had risen from about 2% in FY12 to more than 15.2% in FY25, a sharp reallocation that captures how retail investors are moving towards market-linked products. The same survey said individual investors’ share in equity ownership had reached 18.8% by September 2025, while household equity wealth had expanded by about 53 lakh crore rupees between April 2020 and September 2025.

That shift has continued into this year. Reuters reported that inflows into equity mutual funds rose 56% in March to 404.5 billion rupees, the highest in eight months, while monthly SIP contributions climbed to a record near 321 billion rupees. Data published by the Association of Mutual Funds in India separately showed total SIP collections of 32,087 crore rupees in March. Together, those figures point to a household investor base that remains willing to keep allocating money to market instruments even during volatile trading conditions.

For banks, the result is a more expensive contest for deposits. Lenders have already been raising term deposit rates in pockets of the market, particularly where they need to defend margins or maintain funding for loan books growing faster than system averages. Yet higher deposit rates carry their own cost, squeezing net interest margins at a time when analysts are already warning that wholesale funding dependence and tighter liability conditions could drag on profitability.

The RBI is trying to contain the wider liquidity effects while keeping monetary transmission orderly. In its April monetary policy communication, the central bank said it wanted the weighted average call rate, its operative rate, to stay close to the 5.25% repo rate. It indicated that maintaining liquidity surplus in a range of 0.6% to 1.1% of deposits would help keep the spread between the call rate and the policy rate within 5 to 10 basis points. Banking system liquidity surplus has already risen above 4 trillion rupees this month, giving lenders some immediate relief even as the deeper deposit challenge remains unresolved.

SoftBank Group’s push to raise broader backing for a $40 billion loan tied to its investment in OpenAI is drawing fresh attention to how far global lenders are willing to support Masayoshi Son’s debt-heavy bet on artificial intelligence. More banks are being approached to join the financing, extending a syndication effort that began after SoftBank secured the bridge facility in March, in what has become a major […]

Arabian Post Staff -Dubai Global smartphone shipments fell in the first quarter, ending the run of growth that had followed the sector’s rebound from its 2023 downturn, as a squeeze in memory supply and higher component prices forced brands to trim volumes, raise prices and rethink launch plans. IDC said worldwide shipments declined 4.1 per cent in the January-March period, while Samsung and Apple were the only […]

First-ever joint campaign for credit card unlocks enhanced digital investment solutions and exclusive lifestyle privileges for clients

HONG KONG SAR – Media OutReach Newswire – 15 April 2026 – As part of its strategy to lead in digital wealth, Citi is leveraging fintech to enhance its client value proposition. Citi is committed to driving Hong Kong’s fintech ecosystem by playing a unique role as both a strategic investor and a collaborator. This approach is exemplified by our partnership with Endowus, a leading digital wealth advisory and investment platform. After Citi Ventures invested in the platform in August 2023, this collaboration now sets the stage for our latest joint initiative.

Building on their established relationship, Citi Hong Kong and Endowus recently launched the “Invest with Clarity, Live in Prestige” campaign, their inaugural joint credit card promotion. Through this initiative, eligible Endowus clients who successfully apply for a new Citi Prestige Card and meet specific requirements during the promotion period will receive a HK$4,000* cash reward. This offer seamlessly integrates a rewarding investment journey with the elevated dining, travel and lifestyle privileges that come with the Citi Prestige Card.

This partnership marks a key milestone, and both Citi and Endowus look forward to exploring further collaborations, including expanding the campaign to other Citi Credit Cards and across a broader spectrum of products, aiming to continuously drive financial innovation and enhance client experience.

Sarah O, Head of Digital Growth & Cards and Unsecured Lending Sales, Citi Hong Kong, said, “Our strategic collaboration with Endowus exemplifies Citi’s commitment to harnessing the power of the fintech ecosystem to drive growth and innovation within our wealth business. The expanded partnership with Endowus showcases our unique, full-circle commitment to the fintech community. We are excited about the ongoing potential of this partnership to unlock even more innovative solutions for our clients.”

Steffanie Yuen, Managing Director and Head of Hong Kong, Endowus said, “Citi’s strategic backing as our shareholder, and recognition of our vision to help people invest with clarity significantly reflects a shared commitment to raising the bar for wealth management in Hong Kong. By pairing best-in-class digital investment tools with the lifestyle rewards of the Citi Prestige Card, we’re making it easier than ever for clients to invest well and live well. We look forward to deepening our partnership to build even more innovative experiences together for the clients we serve.”

Click HERE to download the photo
Photo: Sarah O, Head of Digital Growth & Cards and Unsecured Lending Sales, Citi Hong Kong (Left) and Steffanie Yuen, Managing Director and Head of Hong Kong, Endowus (Right)

*For new Citi Prestige Card clients only. Terms and conditions for the promotion apply. Details: https://endowus.com/en-hk/campaigns/terms-conditions-for-endowus-x-citi-prestige-collaboration-promotion-2026

Hashtag: #Citi

The issuer is solely responsible for the content of this announcement.

About Citi

Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in more than 180 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.

Additional information may be found at | X: | LinkedIn: | YouTube: | Facebook:

Paper tubes, cartons and bamboo-based alternatives are gaining commercial ground across Asia as the war-linked disruption to petrochemical supplies pushes plastic costs higher and leaves manufacturers, retailers and consumer brands scrambling for substitutes. What began as a supply shock tied to oil and chemical flows from the Middle East is now rippling through supermarket shelves, cosmetics counters and factory floors, giving an unexpected opening to packaging formats […]

More than 100 Chrome extensions presented as harmless tools for games, social media sidebars and translation have been tied to a coordinated data-harvesting operation that security researchers say exposed user identities, browser sessions and browsing activity through a shared command-and-control network. The campaign, uncovered by Socket’s Threat Research Team and independently checked in part by BleepingComputer, involved 108 extensions listed under five publisher identities and accounted for […]

What looked like a nuisance adware issue inside managed IT environments has emerged as a broader cyber-security warning, after Huntress said software signed by Dragon Boss Solutions LLC exposed more than 25,000 endpoints to a supply-chain style compromise through an insecure update mechanism that could have been hijacked for the price of a cheap domain registration. Huntress published its findings on April 14, saying the software was […]

Arabian Post Staff -Dubai Saudi Arabia’s Public Investment Fund has stepped up its backing of Lucid Group with a fresh $550 million investment through affiliate Ayar Third Investment Company, extending the sovereign wealth fund’s role as the electric vehicle maker’s financial anchor at a time when Lucid is trying to stabilise cash burn, repair operational strains and broaden its commercial reach. The commitment forms part of a […]

VinoBuzz closed angel round at US$10M valuation, gained 1,000+ registered users in two weeks of beta, and redefines wine discovery with 10‑second matching, 1‑minute event planning, and hour‑delivery of over 4,000 wines.

HONG KONG SAR – Media OutReach Newswire – 15 April 2026 – VinoBuzz, the Hong Kong’s first AI‑agent and marketplace for wine, today announced it has raised an angel investment round at a US$10 million valuation. In just two weeks since its beta launch, the platform has already attracted over 1,000 registered users – a feat rarely seen in Hong Kong’s traditional, offline‑first wine industry. VinoBuzz is rapidly becoming the go‑to solution for busy professionals who demand speed, transparency, and personalization.

A technology revolution is sweeping Hong Kong. For food and dining, the city has Foodpanda and Keeta. For transportation, it has Uber. But for drinks – specifically wine – less than 10% of purchases are made online. The wine market remains one of the least digitized sectors in Hong Kong. VinoBuzz is changing that. As the leading tech platform for wine, the company is delivering a brand‑new experience built for the smart living era. Its tagline: “Drink Different.”

By combining AI agents with a unified multi‑merchant marketplace, VinoBuzz eliminates the three biggest pain points of wine buying: lack of knowledge, time-consuming, and opaque pricing. The platform offers three industry‑first features:

  • 10‑Second Wine Matching – Users simply tell the AI their taste, occasion, and budget. In 10 seconds, VinoBuzz recommends the perfect bottle – no wine knowledge required.
  • 1‑Minute Event Planning – For parties, corporate gatherings, or private dinners, input pax, theme, budget, and preferences. The AI instantly curates a complete beverage list and places the order.
  • Direct Wine Research (No Filter) – The fastest, smartest way to search any bottle available in Hong Kong. Users get unbiased, transparent information – no sales pressure, no hidden agenda.

“Hong Kong’s wine market is world‑class, but the buying experience has remained stuck in the last century – overwhelming, time‑consuming, and often intimidating,” said Zack Chen, CEO and Founder of VinoBuzz. “We built VinoBuzz to be the first true AI agent for wine: a personal sommelier that learns your taste, finds the perfect bottle in seconds, and delivers it within hours. This US$10 million valuation validates our vision and proves that the market is ready for a disruptor.”

VinoBuzz already lists over 4,000 unique wine SKUs from Hong Kong’s top importers and merchants, as one of Hong Kong’s top wine marketplaces. Orders are delivered via temperature‑controlled logistics as fast as 4 hours – making it one of the fastest and most convenient online wine purchasing options in the city. The platform’s rapid user acquisition, with 1,000+ registered users in only two weeks, expending its SKU to over 4000 wine bottles, signals a pent‑up demand for a modern, AI‑native wine marketplace in Hong Kong.

Hashtag: #VinoBuzz #AIwine #Technolgy



The issuer is solely responsible for the content of this announcement.

VinoBuzz Limited

It combines a conversational AI sommelier with a unified multi‑merchant checkout and fast, temperature‑controlled delivery, making wine discovery and purchasing effortless for everyone – from complete beginners to seasoned collectors.

SINGAPORE – Media OutReach Newswire – 15 April 2026 – The first 30 days of university can shape everything that follows, from academic confidence and friendships to a student’s overall sense of belonging. Recognising this pivotal transition, SIM Global Education (SIM GE) has introduced a “First 30 Days” guide designed to help new students settle in quickly, build strong habits, and make the most of their university experience from day one.

Starting university is an exciting milestone, but it also comes with new expectations, from independent learning to navigating a new social environment. With early access to academic support, peer networks and wellbeing resources, SIM GE aims to ensure that students do not have to navigate this transition alone.

A “First 30 Days” Guide for New Students

To help students hit the ground running, the guide focuses on four key pillars: administration, academics, community and wellbeing, offering a clear roadmap for a confident and well-rounded start to university life.

Getting setup from Day One

The first week is all about laying the groundwork. Students are encouraged to attend orientation, activate essential academic systems and familiarise themselves with campus resources that will support their journey ahead. For international students arriving in Singapore, SIM GE provides dedicated onboarding through its International Student Office (ISO). From pre-departure preparation and Student’s Pass guidance to accommodation support and buddy programmes, students are guided every step of the way. Welcome receptions and orientation activities also offer early opportunities to build connections, helping students feel at home even before classes begin.

Establishing academic habits early

As classes begin, students quickly discover that understanding expectations early can make all the difference. The guide encourages students to review module outlines, plan ahead for assessments and actively seek support when needed. SIM GE offers a range of academic resources, including workshops and consultations focused on writing, research, presentations and effective study strategies. These resources are designed not just to support learning, but to help students develop the confidence and skills needed to thrive in a university environment.

Finding community beyond the classroom

Unversity life extends far beyond lectures. In their first month, students are encouraged to explore co-curricular activities (CCAs), student clubs and peer networks that enrich their overall experience. Programmes such as student ambassador initiatives and peer mentoring provide valuable opportunities for students to learn from seniors, gain practical insights and form meaningful friendships. By getting involved early, students can build a strong sense of belonging and become part of a vibrant campus community.

Prioritising wellbeing during the transition

Adjusting to university life can be both exciting and challenging. Recognising this, SIM GE places strong emphasis on student wellbeing, providing access to counselling and wellness services that support mental health and personal development. These services help students manage academic pressures, build resilience and maintain balance, ensuring they are well equipped to navigate both the highs and challenges of university life.

Supporting students every step of the way

SIM Global Education believes that a strong start can make a lasting difference. By encouraging students to actively engage with academic resources, peer support and wellbeing services from the outset, the institution aims to create an environment where students can grow with confidence, both academically and personally.

References:

  1. SIM – International Students Onboarding – https://www.sim.edu.sg/degrees-diplomas/admissions/international-students-onboarding
  2. SIM Global Education – International Student Office – https://regional.simge.edu.sg/en/international-student-office/
  3. SIM GE – International student support and buddy programmes – https://regional.simge.edu.sg/en/navigating-the-transition-to-studying-abroad/
  4. SIM GE CCA – https://www.sim.edu.sg/degrees-diplomas/life-at-sim/co-curricular-activities
  5. SIM GE Student Ambassadors – https://www.sim.edu.sg/degrees-diplomas/life-at-sim/student-ambassadors
  6. SIM Student Care – https://www.sim.edu.sg/degrees-diplomas/life-at-sim/student-care

Hashtag: #SIMGlobalEducation #SIMGE #GlobalEducation #InternationalDegree #CareerReady #FutureSkills

The issuer is solely responsible for the content of this announcement.

About SIM Global Education

SIM Global Education (SIM GE) is a leading private education institution in Singapore and the region. We offer more than 140 academic programmes ranging from diplomas and graduate diploma programmes to bachelor’s and master’s degree programmes with some of the world’s most reputable universities from Australia, Canada, Europe, United Kingdom, and the United States. SIM GE’s cohort is made up of 17,000 full- and part-time students and adult learners, of which approximately 41% are international students hailing from over 50 countries.

SIM GE’s holistic learning approach and culturally diverse learning environment aim to equip students with knowledge, industry skills and employability competencies, as well as a global perspective to succeed as future leaders in a fast-changing, technologically driven world.

For more information on SIM Global Education, visit .

TURIN, ITALY – Media OutReach Newswire – 14 April 2026 – The traditional automotive model is obsolete. It is rigid, capital-heavy, and dependent on massive dealership inventories that drive up costs for the consumer. XEV is now challenging that legacy structure with the rollout of its Customer-to-Manufacturer (C2M) ecosystem. By launching the world’s first mass-customization project for micro electric vehicles, including the flagship XEV YOYO, the company allows European drivers to order personalized vehicles directly. This approach eliminates the inventory burden and introduces a “Battery-as-a-Service” model that removes the two biggest barriers to EV adoption. Those barriers are high upfront costs and residual value risk.

XEV
XEV


Decoupling the Battery from the Price Tag

For decades, the battery has been the most expensive single component of an electric car. It is also the component most likely to depreciate. XEV’s innovative business model fundamentally alters this equation by separating the vehicle (hardware) from the battery (service).

Customers purchase the car but lease the energy capacity. This strategy significantly lowers the initial purchase price. It makes premium urban mobility accessible to a broader demographic. This ranges from young professionals seeking their first vehicle to fleet operators managing tight margins.

“We are not just manufacturing cars. We are redefining vehicle ownership,” says the XEV leadership team. “Our goal is to make car production as flexible as smartphone manufacturing. We give users exactly what they need for city living without the financial weight of traditional ownership.”

3 Minutes to Full Power: Solving the Charging Crisis

Range anxiety remains a critical hurdle for European EVs. This is particularly true for drivers without private home charging infrastructure. XEV addresses this with its proprietary battery swapping network.

The XEV YOYO and the upcoming XEV XPRESSION are engineered with a modular battery system. Instead of waiting hours at a charging point, drivers pull into a dedicated station. They complete a fully automated battery replacement in approximately three minutes.

This “SWAPPING” technology does more than save time. It improves operational efficiency for commercial users and ensures the vehicle is immune to battery degradation. Since the driver does not own the battery, they never have to worry about the cell’s lifespan affecting the car’s resale value. This creates a “Zero Usage Anxiety” experience for the owner.

Data-Driven Customization: The End of “One Size Fits All”

The XEV lineup is purpose-built for the narrow streets and high congestion of European cities. With a compact footprint of roughly 2.5 meters, the YOYO navigates historic city centers with ease. However, small size does not mean limited options.

Unlike legacy automakers that push stock inventory, XEV utilizes a data-driven C2M model. Users configure their vehicles via an online platform. They select distinct exterior colors, interior materials, wheel designs, and specific features. This user input triggers a flexible production process that creates a customizable car tailored to specific tastes. XEV uses the massive data generated from these customization choices to refine future designs and forecast market trends with precision.

Commercial Application: Powering the Last-Mile Economy

The flexibility of the XEV platform extends well beyond personal commuting. It is designed to serve the booming last-mile economy. The platform supports last-mile delivery vehicles and shared mobility fleets.

XEV provides specialized enclosed cargo options for logistics companies. The vehicle can even be customized for small business applications, such as mobile coffee carts or retail trucks. For small business owners, the vehicle serves as a mobile asset that can be configured for specific trades, effectively lowering the barrier to entry for entrepreneurs.

XEV has already initiated pilot projects with major European logistics firms to prove the model’s viability for high-frequency urban commuting and commercial delivery. For car-sharing services, the high utilization rates and low maintenance needs of the YOYO make it an ideal asset for time-based rental fleets. The modular design further supports this eco-friendly lifecycle by facilitating easy repair and part upgrades. This extends the product lifespan and reduces waste compared to traditional vehicles that are often scrapped when a single major system fails.

A Strategic Supply Chain for a New Era

XEV achieves this level of flexibility through a strategic manufacturing model. The company adopts a capital-light approach that relies on deep collaboration with mature Asian automotive supply chains. This ensures rigorous quality control and cost efficiency without the bloating of traditional manufacturing.

Simultaneously, XEV is committed to European localization. The company is currently establishing assembly hubs and battery swapping networks across Europe to better serve local demand. This dual approach allows XEV to combine global manufacturing power with local market responsiveness. It ensures that while the technology is global, the support and infrastructure are local.

Availability

Sales and deliveries of the XEV YOYO have commenced in selected European markets, including Italy and Germany. The company continues to expand its infrastructure to support the growing network of users who demand a smarter and cleaner way to move through their cities.

For more information on the YOYO and the battery-swapping network, visit https://www.xev-global.com/yoyo or explore the upcoming XPRESSION model at https://www.xev-global.com/xpression.
Hashtag: #XEV

The issuer is solely responsible for the content of this announcement.

About XEV

XEV is an innovative electric vehicle company committed to transforming the way cars are designed, built, and owned. Through its direct-to-consumer (DTC) online customization platform and a flexible production system, XEV integrates personalized user demand with modular smart manufacturing. The company’s mission is to make electric vehicles accessible and lifestyle-aligned for everyone. It drives the transition toward sustainable and personalized mobility. XEV positions itself not just as a manufacturer but as a global leader in urban electric mobility solutions.

  • Hongkong Land and Gammon Construction introduce CarbonCure’s CO₂ mineralisation technology in Tomorrow’s CENTRAL project, a first for Hong Kong.
  • Injecting captured CO₂ into concrete reduces cement use by up to 7%.
  • Supporting Hongkong Land’s goal of cutting Scope 3 carbon intensity 22% by 2030, positioning Tomorrow’s CENTRAL as a sustainability leader.
  • Buildings Department approval of the CarbonCure concrete mix sets the stage for wider industry adoption.
HONG KONG SAR – Media OutReach Newswire – 14 April 2026 – Hongkong Land and Gammon Construction have partnered to introduce CarbonCure to Hong Kong. Through this strategic collaboration, the companies are deploying the patented CO₂ mineralisation technology in Tomorrow’s CENTRAL project, marking its first use in Hong Kong. This alliance pioneers low-carbon building materials in the city and accelerates the wider industry’s transition.

(From left to right) Mr. Eddie Tse, Group Sustainability Manager, Gammon Construction; Ms. Ka Yan Chu, Assistant Technical Manager, Concrete Technology Services, Gammon Construction; Ms. Grace Lam, Senior Sustainability Manager, Hongko
(From left to right) Mr. Eddie Tse, Group Sustainability Manager, Gammon Construction; Ms. Ka Yan Chu, Assistant Technical Manager, Concrete Technology Services, Gammon Construction; Ms. Grace Lam, Senior Sustainability Manager, Hongko

Reducing cement‑related emissions without compromising performance

Embodied carbon accounted for 70% of Hongkong Land’s total carbon emissions in 2025, with industry research indicating that more than 80% of the embodied carbon in a typical new commercial building is associated with concrete, brick and steel. Cement production generates about 7% of global CO₂ emissions, more than three times that of civil aviation, making it a critical decarbonisation priority.
CarbonCure offers one of the most effective solutions, reducing cement content by 4–7% without compromising concrete quality or performance. The new technology injects captured CO₂ into fresh concrete during mixing, where it undergoes a chemical reaction to form a mineral, permanently trapping carbon within the material. When combined with a low-carbon concrete mix containing approximately 40% Ground Granulated Blast-Furnace Slag (GGBS), a 34% carbon emissions reduction is achieved compared to traditional non-green concrete.

Implementing this innovative technology supports Hongkong Land’s target of achieving a 22% reduction in Scope 3 carbon intensity by 2030. It also aligns with Tomorrow’s CENTRAL project’s sustainability objectives, including using 100% low carbon concrete, 100% green rebar, and 100% sustainable timber during construction, and to divert 75% of construction waste.

Tomorrow’s CENTRAL: a project with sustainability at its core

Tomorrow’s CENTRAL is Hongkong Land’s bold three-year plan to transform the LANDMARK retail portfolio. Announced in June 2024, the project is ambitious in its scope, encompassing extensive façade enhancements, retail renovations and office lift-lobby relocations From inception, sustainability has been the project’s guiding principle.
The CarbonCure concrete mix technology was deployed by Hongkong Land and Gammon in November 2025 after it was approved by the Buildings Department in September 2025 following a rigorous 18-month testing and preparation period.

Michael T. Smith, Group Chief Executive of Hongkong Land, said: “Sustainability is a key business priority for Hongkong Land. Using lower carbon concrete on Tomorrow’s CENTRAL helps to advance the goals of our Sustainability Framework 2030. As the first developer to apply this technology in Hong Kong’s premium commercial sector, we continue to demonstrate our commitment to innovation and encourage wider industry uptake.”

Eddie Tse, Group Sustainability Manager, Gammon Construction, said: “We are delighted to partner with Hongkong Land on Hong Kong’s first application of CarbonCure concrete. Their strong commitment to sustainability and openness to pioneering solutions have been instrumental in making this milestone possible. By permanently mineralising carbon within building materials and reducing cement use, lower carbon concrete represents a meaningful step forward in embodied‑carbon reduction. With this successful deployment, we look forward to extending similar innovations across the industry and collaborating with more clients to drive low‑carbon construction in Hong Kong.”

Hashtag: #HongkongLand

The issuer is solely responsible for the content of this announcement.

Hongkong Land

Hongkong Land is a major listed property development, investment and management group. It focuses on developing, owning and managing premium and ultra-premium mixed-use real estate in Asian gateway cities, featuring Grade A office, luxury retail, residential and hospitality products. With over US$50 billion in assets under management, Hongkong Land’s ultra-premium mixed-use real estate footprint spans over 1.97 million sq. m. lettable area in operation and 1.43 million sq. m. lettable area under development, with flagship mixed-use projects in Hong Kong, Singapore and Shanghai. Its properties hold industry leading green building certifications and attract the world’s foremost companies and luxury brands. Established in 1889, Hongkong Land takes a long-term view, investing significantly alongside its capital partners and concentrating its portfolio where it can create the most value for tenants, customers and investors. Hongkong Land Holdings Limited has a primary listing on the London Stock Exchange, with secondary listings in Singapore and Bermuda. Hongkong Land is a member of the Jardine Matheson Group.

UAE authorities have rolled out a nationwide school nutrition guide that bans sugary drinks, fried foods, sweets, chocolate products, processed meats, tea and coffee across educational institutions, widening a health drive that officials say is aimed at improving children’s diets, sharpening concentration in class and cutting obesity. The framework applies across public, private, independent and vocational schools, as well as centres for People of Determination, and sets […]

By Dr. Gyan Pathak Election Commission of India (ECI) has caused miscarriage of democracy in West Bengal, which is rejoiced by the Union Government of India led by PM Narendra Modi and RSS-BJP clan, lamented by millions of voters whose names were deleted from the electoral roll under Special Intensive Revision (SIR), and strongly resisted […]

The article ECI Caused Miscarriage Of Democracy In West Bengal appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

HONG KONG SAR – Media OutReach Newswire – 14 April 2026 – DFIQ Media Hong Kong, the retail media arm of leading Asian retailer, DFI Retail Group, today announced a strategic partnership with WPP Media Hong Kong that brings the power of Open Intelligence for Commerce to Hong Kong for the first time. The partnership establishes a new, privacy-first foundation for retail media collaboration in the market, enabling brands to activate high-value audiences and deliver more relevant, impactful advertising across DFI’s extensive retail ecosystem.

DFIQ Media Hong Kong and WPP Media Hong Kong announced a strategic partnership that brings the power of Open Intelligence for Commerce to Hong Kong for the first time. Pictured are Wee Lee Loh, Group Chief Digital & yuu Rewards Officer, DFI Retail Group (left) and Michael Beecroft, CEO of WPP Media North East Asia (right).
DFIQ Media Hong Kong and WPP Media Hong Kong announced a strategic partnership that brings the power of Open Intelligence for Commerce to Hong Kong for the first time. Pictured are Wee Lee Loh, Group Chief Digital & yuu Rewards Officer, DFI Retail Group (left) and Michael Beecroft, CEO of WPP Media North East Asia (right).

The partnership brings together DFIQ Media’s extensive omnichannel retail media ecosystem with WPP Media’s advanced programmatic and predictive intelligence capabilities. By integrating customer audience insights through InfoSum – WPP’s privacy-first, no-data-movement collaboration platform – advertisers can activate high-value audiences while ensuring strict data privacy and regulatory compliance.

Through this initiative, advertisers will gain access to aggregated customer insights from the yuu loyalty ecosystem and retail platforms across DFI Retail Group banners, enabling more precise and effective targeting strategies. These audience segments can be securely matched and activated via WPP Media’s Open Intelligence, and delivered through WPP Open – WPP’s agentic marketing platform. This enables brands to unlock new growth audiences, improve targeting accuracy, and access deeper performance insights across digital and in-store environments, including incremental sales, new-shopper contribution, and audience-level effectiveness.

“Retail media is the fastest growing media channel globally and rapidly becoming one of the most important channels for brands to connect with consumers in meaningful and measurable ways,” said Wee Lee Loh, Group Chief Digital & yuu Rewards Officer from DFI Retail Group. The partnership also includes WPP Media’s investment in DFIQ Media’s omnichannel retail media inventory. This includes digital advertising opportunities across the e-commerce and mobile apps of yuu, Wellcome, 7-Eleven, and Mannings, as well as DFIQ Media’s in-store digital screen network of more than 6,000 screens across these retail locations in Hong Kong. “Our collaboration with DFIQ Media represents an important step in shaping the future of commerce-driven media in Hong Kong,” said Michael Beecroft, CEO of WPP Media North East Asia.

Collectively, these retail touchpoints generate more than 60 million store visits every month, giving brands a powerful platform to connect with consumers across the full shopping journey — from digital discovery to in-store purchase.

“By partnering with WPP Media and leveraging privacy-safe technology from InfoSum, we are unlocking the next phase of retail media in Hong Kong – one that combines powerful first-party data with omnichannel activation across digital and physical retail environments,” said Chandana Sunder, Group Retail Media Director from DFI Retail Group.

WPP Media will also bring its advanced programmatic advertising, predictive modelling, and Open Intelligence capabilities to the partnership, enabling automated buying, real-time optimization, and sophisticated audience targeting powered by DFIQ Media’s retail signals.

“By connecting DFIQ Media’s rich retail audiences with our Open Intelligence framework, we can deliver high-yield, privacy-safe, and outcome-driven advertising solutions that reduce waste and drive measurable growth for brands,” said Kenny Ip, Vice President, Media and Partnership Management at WPP Media Hong Kong.

Together, DFIQ Media and WPP Media aim to push the boundaries of retail media innovation – building a more advanced and future-ready retail media landscape in Hong Kong. The partnership marks a significant milestone in next-generation retail media development, combining privacy-first data collaboration, predictive intelligence, and large-scale omnichannel activation to create new opportunities for brands to engage shoppers and measure incremental impact.
Hashtag: #DFIRetailGroup #DFIQ #yuuRewards #Mannings #7-Eleven #Wellcome

The issuer is solely responsible for the content of this announcement.

DFI Retail Group

DFI Retail Group is a leading Asian retailer driven by its purpose to ‘Sustainably Serve Asia for Generations with Everyday Moments’. As at 31 December 2025, the Group and its associates operated 7,580 outlets and employed more than 79,000 people across 12 markets. The Group is committed to delivering quality, value and service to consumers across the region through trusted brands, strong local market positions, and a broad retail ecosystem supported by extensive store networks, digital capabilities and efficient supply chains. DFI Retail Group and its associates operate a portfolio of well-known brands across five key divisions: health and beauty, convenience, food, home furnishings and restaurants.

DFIQ Media is the retail media arm of DFI Retail Group, connecting brands with millions of shoppers through a powerful omnichannel ecosystem that spans loyalty, e-commerce, and in-store media across leading retail banners. Established in 2025, it aims to deliver everyday omnichannel customer experience through full funnel media solutions powered by first party data intelligence.

Chevron has struck new agreements with Venezuela to expand oil production in the Orinoco Belt, tightening its focus on the country’s vast extra-heavy crude reserves at a time when Caracas is trying to pull foreign capital back into its energy sector and Washington has loosened some restrictions on dealings with the country’s oil industry. The agreements, reached with state oil company PDVSA, give Chevron a larger position […]

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