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Founded in 2019 by Jaylon Lim and Joshua Luah, both of whom cut their teeth working part-time at an events rental company, The Carnival Fair was built on a simple observation: Singapore’s events scene had genuine appetite for a specialist who took carnival experiences seriously, from properly maintained equipment to staff who know how to run a booth and hold a crowd.

That foundation has since grown into a catalogue spanning carnival classics such as ring toss and bouncy castle rental, themed booth setups with custom props and backdrops, and a tech-forward lineup including claw machine rental, racing simulators and VR/AR stations. Clients looking to rent carnival games for a single booth or an entire event footprint can now draw from one of the broadest catalogues in the local market, with carnival food rental options available to round out the experience for guests. The breadth was on full display at flagship events such as the City Harvest Church Christmas Carnival at Suntec City, which drew around 10,000 attendees across a multi-day operation, and the Biotronik “Carnival Around the World” celebration, which paired globally themed food stations with bespoke branding to mark a genuine company milestone.

Underpinning the growth is a price-match guarantee, ensuring clients who find a comparable like-for-like quote from another Singapore provider are never short-changed on price or quality.

Reaching 1,200 events reflects sustained demand from Singapore’s businesses, schools and families for carnival experiences done properly, and marks just the beginning as the company moves further into full event planning rather than rentals alone.

With demand continuing to grow across corporate, education and private segments, The Carnival Fair is expanding its interactive and technology-driven offerings, including holographic claw machines, racing simulators, VR/AR stations and interactive digital games, while deepening partnerships with venues and recurring corporate clients.

Hashtag: #TheCarnivalFair

https://www.thecarnivalfair.com.sg/
https://www.facebook.com/TheCarnivalFairSG/
https://www.instagram.com/thecarnivalfairsg/?hl=en

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

About The Carnival Fair

The Carnival Fair is a Singapore-based carnival event and rental company offering bouncy castle rental, carnival games, inflatables, food stations, photo experiences and interactive tech installations for corporate, school and private events. Businesses and families can rent carnival games and equipment individually or as part of a full carnival package, backed by a price-match guarantee. The company has served more than 700 clients since 2019.

By R Suryamurthy The 2026 New Delhi Declaration arrives at a revealing moment for BRICS: two decades after the grouping emerged as a shorthand for the rising economic weight of the Global South, it is no longer merely demanding a larger seat at the table of global governance, but is beginning to construct the institutional […]

The article BRICS is not building a new order, but a hedge against the old one appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Reinsurance panel carries an average A+ financial strength rating from AM Best or S&P; treaty deepens security behind each financial guarantee Verdant Rock issues and unlocks capacity for future growth

HAMILTON, BERMUDA – Media OutReach Newswire – 14 September 2026 – Verdant Rock Limited (“Verdant Rock”), a Bermuda‑based Class 3B insurer and financial guarantor focusing on emerging markets, has closed a 30% quota share reinsurance treaty with a panel of leading global reinsurers. The panel carries an average financial strength rating of A+ from either AM Best or S&P, marking a significant milestone for the company less than a year after receiving its Class 3B insurance license from the Bermuda Monetary Authority.

The treaty supports Verdant Rock’s portfolio of irrevocable, unconditional and on-demand financial guarantees on private corporate, structured and project finance exposures across emerging markets. By sharing 30% of risk with highly rated capacity providers, Verdant Rock further strengthens its balance sheet, diversifies its capital base and enhances scalability for future growth.

“Securing a reinsurance panel of this caliber, rated A+ on average, at this stage of our development is a strong validation of our underwriting framework and our approach to governance. Every guarantee Verdant Rock issues now carries an additional layer of security from counterparties that have spent time understanding and believing in what we are building. We are grateful to each panel member for their confidence in us.” — Tolga Uzuner, Co-Founder, Chief Executive Officer, Verdant Rock Limited

This announcement is (i) for information only; (ii) not an offer or solicitation to buy or sell any security, insurance product, or financial guarantee; and (iii) not for distribution in any jurisdiction where to do so would be unlawful. Forward-looking statements are not guarantees of future results, and Verdant Rock undertakes no obligation to update them. A credit rating is not a recommendation to buy, sell or hold any security and may be subject to revision, suspension or withdrawal at any time by the assigning rating agency.

Hashtag: #VerdantRock

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

ABOUT VERDANT ROCK

Verdant Rock Limited is a Bermuda‑based insurance company regulated by the Bermuda Monetary Authority as a Class 3B Insurer. The company currently holds a BBB+ Long‑Term Insurer Financial Strength Rating with a Stable Outlook from Fitch Ratings. It provides Basel and ICS-family Solvency regimes compliant, investment‑grade financial guarantees on private credit exposures in emerging markets, designed to qualify as eligible credit protection under Basel and major insurance solvency regimes for banks, insurers and institutional investors globally. The company focuses on private liabilities and does not cover sovereigns, municipalities or provinces. Its remit covers bonds and loans issued by emerging market corporations and banks, structured financings, asset-backed (ABS) and mortgage-backed (MBS) exposures in securities or loan format, and project finance.

The revised Beijing Unmanned Aircraft Management Regulations, approved by the municipal legislature this month, designate the entire municipality as controlled airspace and prohibit individuals and organisations from keeping drones or key components unless they fall within specified exemptions. Transporting or carrying such equipment into Beijing will also be barred.

The rules mark a significant escalation from restrictions introduced on May 1, when Beijing prohibited drone sales and rentals, required real-name registration and made all outdoor flights subject to approval. Existing owners were previously allowed to retain registered aircraft, but that arrangement will end when the amended regulations take effect.

Authorities have opened several channels for residents to dispose of devices before the deadline. Owners may sell drones at government-approved buyback points, surrender them for recycling, send them outside Beijing by post or carry them out of the municipality themselves. Subsidies are available to individuals whose drones had completed the required police information verification.

For buybacks completed between September 12 and October 31, the subsidy is set at 30 per cent of the transaction price, capped at 3,000 yuan per drone. The rate falls to 15 per cent, with a 1,500-yuan ceiling, for transactions from November 1 to November 14. Scrapping payments are 200 yuan per drone before November and 100 yuan during the first two weeks of November, while eligible postal transfers outside Beijing are free.

The regulations retain exemptions for activities judged necessary for counter-terrorism, emergency rescue, major events, teaching, scientific research, industrial production, agriculture and certain sporting purposes. Such users must undergo security assessment and operate under designated safeguards, while authorised flights remain subject to national aviation requirements.

Beijing’s move follows the June 26 crash of a two-seat Sunward SA 60L Aurora light sport aircraft into Citic Tower, also known as China Zun, in the capital’s central business district. The aircraft struck the 528-metre tower shortly before 6pm after departing from an airfield roughly 50 kilometres east of central Beijing.

The pilot, the only person aboard, was killed and 13 people were injured. Chaoyang district authorities later said the aircraft had left its approved flying area during a solo flight and lost contact with the airport before hitting the skyscraper.

Investigators described the episode as a public-safety incident caused by personal factors involving the pilot. Authorities said he had suffered long-term insomnia and anxiety and that writings recovered during the investigation contained references to ending his life. The finding drew attention to how a light aircraft was able to enter tightly controlled airspace over the capital.

Citic Tower, headquarters of state-owned Citic Group, stands in Beijing’s Chaoyang district near the East Third Ring Road. The impact damaged the building’s glass facade, triggered an evacuation and scattered debris around the surrounding business area.

Beijing had already classified its full administrative territory as controlled airspace for unmanned aircraft. Under the May rules, outdoor drone flights required prior approval from air-traffic authorities, while sales, rentals and the establishment of new storage sites were restricted. Police also introduced information-verification requirements for existing owners, a process that ended on July 31.

The amended framework removes the general option for ordinary residents to keep registered drones inside the municipality. Once the November rules take effect, police will be authorised to inspect storage arrangements, confiscate unlawfully held equipment and impose penalties on individuals and organisations that breach the controls.

Rooted in craft, the showcase explores how Taiwan’s materials, techniques, cultural heritage, and contemporary design can respond to modern lifestyles and international markets. Working across wood, leather, ceramics, paper mulberry bark fibre, mixed media, lighting, and furniture, the seven brands reveal a craft culture that is culturally grounded, adaptable, and forward-looking.

KIMU reinterprets East Asian culture through its concept of “The New Old,” transforming familiar memories and aesthetics into contemporary objects.

Based in southern Taiwan, Lumamiling works with Indigenous barkcloth traditions and paper mulberry fibre, translating ancient techniques into lighting, furniture, and objects relevant to sustainability and contemporary living.

MOTOR design, guided by “An Eastern Soul in a Western Form,” combines mixed materials, cultural perspectives, and advanced manufacturing, with all design and production based in Taiwan.

Inspired by Taiwan’s mosaic tiles and architectural heritage, Pan Pan Hua develops handcrafted ceramic tiles for objects, interiors, architecture, and bespoke spatial applications.

TOMO celebrates the warmth and individuality of wood through close attention to grain, proportion, construction, and the tactile qualities of handcraft.

Furniture brand UMAMI balances materials, proportions, function, and detail like ingredients in cooking, creating adaptable furniture for residential, commercial, and public spaces.

Working primarily with leather, WÈI CRAFT explores material, structure, and storytelling through handcrafted objects designed to evolve beautifully through time and use.

Through Maison&Objet Paris, TAIWAN CRAFTS & DESIGN expands the meaning of “Made in Taiwan”—connecting craftsmanship, cultural depth, design innovation, and production expertise with international designers, architects, buyers, retailers, galleries, and creative professionals.

From Taiwan to the world, the initiative aims not only to make Taiwanese craft visible, but to make it part of the way the world lives.

MAISON&OBJET Pulse
Paris · 10–14 September 2026
TAIWAN CRAFTS & DESIGN PAVILION · Hall 5A · Stand A91
Hashtag: #TaiwanCraftsDesign #NTCRI #MaisonObjet

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

The leaders met on Sunday as Egypt pressed for faster progress on a trade goal first set during El-Sisi’s state visit to New Delhi in January 2023. Egypt’s presidency said the discussions covered measures to strengthen the strategic partnership, increase commerce and encourage more investment from India in sectors including manufacturing, technology, clean energy and the automotive industry.

El-Sisi stressed the importance of translating the economic relationship into projects and commercial flows capable of taking trade to the $12 billion target. The two sides also reviewed opportunities for companies from India to expand their presence in Egypt, which Cairo has promoted as a production and export base serving markets in Africa, the Middle East and Europe.

Bilateral merchandise trade stood at about $6.5 billion in the 2025-26 financial year, according to figures cited by India’s embassy in Cairo. That leaves the two countries seeking almost to double the current level if they are to reach the objective discussed by their leaders.

Investment formed a central part of the meeting. Egypt highlighted manufacturing, information technology, renewable and clean energy, and vehicle production as areas where it wants to attract additional capital. Cairo has also sought greater participation by overseas companies in the Suez Canal Economic Zone and other industrial centres as it works to raise exports and secure more foreign currency.

Modi and El-Sisi reviewed the broader strategic partnership and discussed cooperation in economic and commercial fields, along with regional and international developments. Their meeting came as New Delhi hosted the September 12-13 BRICS summit under the theme of resilience, innovation, cooperation and sustainability.

Egypt joined BRICS at the start of 2024 and has since used the grouping to widen economic links with major emerging economies. The New Delhi summit brought together an expanded bloc whose agenda included trade, finance, technology, energy, climate issues and greater use of national currencies in cross-border transactions.

The trade push also builds on institutional contacts between Cairo and New Delhi. Egypt’s Foreign Minister Badr Abdelatty said during BRICS ministerial meetings in May that the two countries wanted to raise bilateral trade to $12 billion over five years and strengthen cooperation in investment, technology and other economic sectors.

El-Sisi and Modi upgraded relations to a strategic partnership in 2023, creating a framework for closer coordination across trade, investment, defence, energy and political consultation. The latest talks focused more narrowly on turning the economic component of that partnership into measurable gains, particularly through private-sector investment and expanded market access.

Egypt has been courting manufacturers as it seeks to increase domestic production and exports, while companies from India already operate in industries including chemicals, textiles, food processing and manufacturing. Cairo’s investment campaign has emphasised projects that can supply the domestic market while using Egypt’s trade agreements and transport links to reach neighbouring regions.

The two leaders also discussed international and regional issues, according to Egypt’s presidency, without announcing a separate bilateral agreement during the meeting. Their talks were among a series of leader-level engagements held around the BRICS gathering as member states sought to advance economic cooperation alongside the summit’s wider diplomatic agenda.

For Egypt, the $12 billion goal provides a benchmark for a relationship that has expanded beyond traditional merchandise trade into investment-led cooperation. For India, stronger commercial ties with Egypt offer access to a major Arab and African market and to production locations close to the Suez Canal, one of the world’s principal shipping routes.

Some local branches of the State Administration of Foreign Exchange have urged lenders to encourage businesses to increase hedging, extending a campaign that has pushed corporate derivatives use to record levels. The guidance targets companies with sizeable foreign-currency receipts or payments as the yuan trades near three-year highs.

The push reflects Beijing’s preference for companies to manage exchange-rate risk through forwards, swaps and options. SAFE has repeatedly promoted what it calls an exchange-rate risk-neutral approach, arguing that companies should focus on their underlying business and use hedging tools to reduce the effect of currency movements on earnings.

Corporate hedging has risen sharply this year. SAFE said enterprises used foreign-exchange derivatives covering 35.3 per cent of their currency transactions in the first half of 2026, up 5.3 percentage points from the full-year level in 2025. The contracted value of derivatives used for exchange-rate risk management reached nearly $1.4 trillion, an increase of about 40 per cent from a year earlier.

The regulator has also broadened access to hedging services. About 130 major domestic and foreign-funded banks can provide foreign-exchange derivatives to companies, while a SAFE database shared with lenders covers about 290,000 foreign-trade enterprises. Authorities have encouraged banks to expand online dealing channels and improve credit and margin arrangements for smaller businesses.

The effort also seeks more balanced corporate behaviour. The latest local instructions add to earlier informal guidance from the central bank and SAFE asking some lenders to lift corporate hedging ratios. Such measures are part of a wider effort to prevent companies from building large unprotected positions after periods when many exporters assumed the yuan would remain weak or move gradually.

That behaviour became more costly as the currency strengthened. The yuan has appreciated this year against the dollar and was trading near a three-and-a-half-year high last week, while global currency markets have been unsettled by changing interest-rate expectations, higher energy prices and geopolitical tensions. Exporters receiving dollars can suffer valuation losses when the yuan rises unless they hedge future receipts.

Beijing has simultaneously tried to avoid an excessive or disorderly rise in the currency. The People’s Bank of China removed a 20 per cent foreign-exchange risk reserve requirement on forward dollar purchases from March 2, lowering the cost of buying dollars forward after a strong yuan rally. The move gave companies and banks more flexibility while signalling that policymakers wanted to discourage one-sided appreciation expectations.

SAFE data show that China’s foreign-exchange market remains supported by large trade and capital flows. Banks recorded a $271.2 billion surplus in foreign-exchange settlement and sales in the first half. The regulator said the ratio measuring companies’ willingness to convert foreign-currency earnings into yuan stood at 65 per cent, while the ratio reflecting demand to purchase foreign currency was 61 per cent.

Foreign-exchange reserves rose to $3.438 trillion at the end of August from $3.419 trillion a month earlier. The yuan gained 0.49 per cent against the dollar during August, while the dollar weakened against a basket of major currencies, contributing to valuation changes in China’s reserve holdings.

Officials have stressed that greater hedging is intended to strengthen corporate resilience rather than direct the yuan toward a particular level. SAFE has said exchange rates are determined by market supply and demand and are difficult to predict, making risk management more important as two-way fluctuations become more common.

The regulator has reduced some transaction costs for smaller companies and encouraged financial institutions to simplify documentation for derivatives. Banks have been asked to use enterprise data to identify firms with foreign-currency exposure and offer products suited to their cash flows rather than promote speculative positions.