By Saifur Rahman GCC financial wealth is projected to grow by roughly 4.7–5.2 percent annually, reaching US$3.5 trillion by 2026–2027, up from US$2.7–US$2.8 trillion in 2021–2022, driven by high oil prices, robust IPO activity in the UAE and Saudi Arabia, and a rising influx of high-net-worth individuals, according to a report by Boston Consulting Group. The recently announced plans by the UAE Government to automate 50 per […]
The company recently marked its eighth consecutive participation at Indo Intertex Expo in Jakarta, where it showcased new opportunities for viscose and lyocell fibres and strengthened relationships across the textile value chain. The exhibition brought together suppliers and buyers seeking new product ideas and business opportunities, giving APR a platform to deepen collaboration and expand market connections.
Central to APR’s Jakarta presence was a showcase featuring seven partner companies spanning spinning, weaving, knitting and garment manufacturing. By presenting these partners together, APR, a member of the RGE group of companies founded by Sukanto Tanoto, demonstrated the interconnected ecosystem underpinning Indonesia’s textile sector and the shared value created through close collaboration between fibre producers and downstream manufacturers.
A highlight of the showcase was a dedicated display of lyocell fabrics designed for batik applications. Batik, the wax-resist dyeing craft recognised by UNESCO as part of Indonesia’s cultural heritage, remains central to the nation’s textile identity. Lyocell’s compatibility with traditional dyeing methods offers artisans the opportunity to combine heritage craftsmanship with modern fibre innovation.
Building on this momentum, APR continued its engagement in India through participation in the Fibers & Yarns Expo in Mumbai, one of India’s premier textile trade fairs and a vital networking platform for the country’s extensive supply chain. The event enabled APR to deepen market engagement, forge new partnerships and reconnect with a rapidly expanding customer base.
At the Mumbai exhibition, APR introduced BVF, a finer denier viscose engineered for fine count spinning applications and targeting premium segments such as high-end fashion, athleisure, intimate apparel and home textiles. The Indian market continues to present significant growth potential as manufacturers seek reliable fibre supply, consistent product quality and proactive technical support to meet evolving consumer demands both domestically and internationally.
Sachin Malik, Commercial Head, Asia Pacific Rayon, said: “In the current market scenario, success is not a solo pursuit. It is about how effectively we integrate into our customers’ reality. Our strategy in Indonesia and India demonstrates that fibre producers must align their growth with the success of customers and the wider textile value chain.”
As regional supply chains face increasing pressure to become more resilient, APR’s exhibition strategy underscores a clear message: in textiles, competitive advantage is built not through scale alone, but through trusted partnerships that deliver stability, technical expertise and shared progress.
Hashtag: #RGE #APR #viscose #rayon #Indonesia #India
The issuer is solely responsible for the content of this announcement.
Asia Pacific Rayon (APR), based in Indonesia, is Asia’s first fully integrated viscose rayon producer, from plantation to fibre. APR, which has a capacity of 325,000 tons per year, is located in Pangkalan Kerinci, Riau Province, Indonesia. APR is committed to becoming a leading viscose staple fibre producer with the principles of sustainability, transparency and operational excellence, and serving the interests of the community, country and climate, while providing value to customers. APR is part of the RGE group of companies.
A Vision Rooted in Sustainable Tourism
Guided by its corporate vision to grow sustainably across all dimensions of Environmental, Social, and Governance (ESG), Proud Group aims to set the benchmark for quality tourism that is responsible to the planet — balancing long-term business growth with the preservation of natural resources for generations to come.
Highlight Activity: Returning Ten Sea Turtles to the Wild
This year, the project hosted its signature event — the release of 10 sea turtles back into the wild on Saturday, 25 April 2026, from 09:00 to 10:00 hrs, at the Wedding Pavilion, InterContinental Phuket Resort by IHG.
As part of the event, Proud Group presented a donation of THB 200,000 to the Mai Khao Marine Turtle Foundation, raised through Reefuel drinking water sales and a curated collection of eco-friendly merchandise, including reusable cups, Sarang-Pu fisherman dolls, sea turtle bracelets, sea turtle keychains, and dugong-patterned hats.
The activity was made possible through close collaboration with the Department of Marine and Coastal Resources (DMCR), via the Upper Andaman Marine and Coastal Resources Research Center, whose expertise ensured each turtle was fully prepared for release. This cross-sector partnership contributed to tangible conservation outcomes, supporting sea turtle survival rates and strengthening the long-term resilience of marine ecosystems.
Building on Four Years of Progress
Since its inception in 2022, the “Go Zero Waste, Save Our Ocean Project“ has steadily expanded its impact. In 2024, the project successfully released 5 sea turtles back into the wild — three in the first release and two in the second — contributing to the recovery of marine ecosystems in Phuket. The initiative also champions plastic reduction through its Reusable Cup campaign, with proceeds and ongoing support from Andamanda Phuket channeled directly into long-term conservation efforts.
A Portfolio of Ongoing Sustainability Initiatives
Over the years, Proud Group and its affiliates have implemented a comprehensive portfolio of sustainability programs:
Toward a Shared, Sustainable Future
The “Go Zero Waste, Save Our Ocean Project 2026” reflects the collective intention of Proud Group and its partners to drive responsible tourism — balancing business growth with environmental conservation and sustainable community development. Proud Group invites everyone, locally and globally, to embrace small, meaningful changes in everyday life, creating positive impact that endures for our planet.
Hashtag: #Andamandaphuket #CSR #Sustainable #GoZeroWasteSaveOurOcean #EarthWeek2026 #ProudGroup #AndamandaPhuket #InterContinentalPhuket #Reefuel #SustainableTourism #Phuket
https://www.andamandaphuket.com
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Proud Group is a leading developer of integrated entertainment and resort destinations in Thailand, with a portfolio that includes hospitality, real estate, water parks, and lifestyle retail. Anchored in the principles of sustainable business, the group is committed to building experiences that elevate communities, protect natural resources, and inspire conscious travel.
By Nantoo Banerjee Only six months in power, Japan’s first female prime minister, Sanae Takaichi, has emerged as the world’s most powerful woman reshaping the country’s domestic social and economic policies and international relations, taking a hard line on China. Takaichi has taken a firm stance on China suggesting that a “Taiwan contingency is a […]
The article Japan’s Pro-India Takaichi Is The World’s Most Powerful Lady appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
POL remained under selling pressure over the past 24 hours as traders struggled to rebuild momentum despite Polygon Labs’ deeper push into stablecoin payments, leaving the token below key intraday recovery levels and close to the lower end of its short-term trading range. The Polygon ecosystem token traded near $0.09 on 26 April, with market capitalisation hovering below $1bn and daily sentiment still cautious after failed rebounds […]
Arabian Post Staff -Dubai Qatar’s media-sector push has gained fresh momentum after Media City Qatar and the International Association for MediaTech entered a Platinum Partnership designed to raise the country’s profile as a regional centre for media, technology and content creation. Announced in Doha on 26 April 2026, the agreement gives Media City Qatar wider access to IAMT’s international platforms, industry events, market intelligence and training […]
Arabian Post Staff -Dubai Nokia has chosen Egypt as its support hub for the Middle East and Africa, setting up a centralised operational centre in Cairo to handle regional support activities and customer services across one of the world’s most diverse telecoms markets. The move places Egypt at the centre of Nokia’s service delivery model for operators, enterprises and public-sector customers across the region. The Cairo hub […]
Arabian Post Staff -Dubai Gulf Bank has renewed its long-term strategic collaboration with Mastercard, strengthening a payments alliance aimed at expanding digital banking services, improving transaction security and responding to changing customer behaviour across Kuwait’s financial sector. The renewed agreement gives Gulf Bank continued access to Mastercard’s payment technologies, digital solutions and global expertise, with a focus on contactless payments, mobile wallet services, card security, customer convenience […]
Dubai has moved to link social policy with high-end retail employment after the Community Development Authority signed an agreement with Louis Vuitton aimed at opening more career pathways for Emiratis and People of Determination across fashion, retail and craftsmanship. The memorandum of understanding, announced on 22 April, sets out training and employment tracks that officials say are designed to convert inclusion goals into long-term jobs rather […]
The survey shows that 68 per cent of Hong Kong SMEs recorded growth in 2025, up from 65 per cent in 2024 and marking the highest result on record. This positive momentum is expected to continue this year, with 71 per cent of SMEs expecting their businesses to grow and 76 per cent anticipating growth in the local economy — both at record highs. Customer loyalty and a strong workforce were identified as key drivers behind SMEs’ solid performance last year.
Mr Cliff Ip, Councillor of CPA Australia’s Greater China Divisional Council, said Hong Kong’s improving business environment played a critical role in supporting SME growth. “Hong Kong’s business confidence and economic growth strengthened last year, supported by robust capital markets, a recovery in tourism and consumption, and signs of stabilisation in the property market,” said Mr Ip. “Against this stable and supportive backdrop, small businesses not only benefited from increased business activity, but were also able to expand in a healthy and sustainable manner.”
Looking ahead, Mr Ip noted that while global geopolitical tensions and external uncertainties pose rising challenges, Hong Kong’s underlying strengths remain a key advantage for SMEs. “Rising geopolitical risks are likely to create headwinds for many sectors such as trade and logistics through higher fuel costs and supply chain disruptions. However, I remain confident about Hong Kong’s overall business outlook this year,” he said. “As many regions become more unpredictable or less secure, Hong Kong’s stable and consistent business environment, together with supportive policy settings including the city’s low and simple tax regime stand out as important advantages in attracting international companies and investors.”
Mr Ip added that these developments also present new opportunities for local SMEs, particularly as increased international interest creates scope to build partnerships, expand networks and tap into new markets. “This environment also creates favourable conditions for younger entrepreneurs to explore emerging markets and pursue new business opportunities,” he said.
Improved business performance has strengthened the solvency of many local SMEs. The share of businesses reporting difficulty paying debts fell sharply from 22 per cent in 2024 to just 3 per cent in 2025, while only 4 per cent expect to face difficulties this year, down markedly from 26 per cent previously. As a result, Hong Kong small businesses are now the least likely among the surveyed businesses to report solvency concerns.
Mr Ip said, “The solvency of many SMEs has notably improved, driven by stronger cash flow from improved business growth, a robust capital market and a recovering property market over the past year. This healthier cashflow has both supported easier access to external finance and reduced the need for such finance.”
Hong Kong SMEs have also strengthened their capability to invest in technology that delivers rapid improvements in profitability. In 2025, 64 per cent of SMEs reported that their technology investment in that year helped improve profitability, up from 59 per cent in 2024. Two in five Hong Kong SMEs invested in artificial intelligence (AI) last year, making it the leading technology investment among local SMEs, followed by customer relationship management (CRM) software.
At the same time, cyber protection has improved, with the share of Hong Kong businesses reporting losses from cyber incidents falling sharply from 72 per cent in 2024 to 43 per cent in 2025. However, as digitalisation accelerates, cyber risks remain elevated, with nearly three in five SMEs expecting to face cyber threats this year, above the survey average 42 per cent.
Mr Davy Leung, Deputy Chairperson of CPA Australia’s SME and Entrepreneurship Committee of Greater China, said the growing maturity and availability of AI tools is helping SMEs enhance productivity, reduce operating costs and improve customer experience.
“However, rising digital fraud, wider AI adoption and SMEs’ increasing reliance on digital banking have prompted the Hong Kong Government to significantly strengthen banking security and cybersecurity resilience over the past year. This includes the rollout of low-cost and practical initiatives such as the Cybersec One Programme and the continued implementation of the ‘9+5’ SME support measures. The decline of cyberattack-related losses reported in the survey in part reflects the effectiveness of these measures.
“As cybersecurity threats and digital fraud risks continue to escalate, SMEs should make better use of these available resources, including free website risk assessments and vulnerability identification services, to strengthen their defence capabilities and safeguard business operations.”
Mr Leung also suggested that the Government consider revamping the Technology Voucher Programme to support broader digitalisation efforts, including the adoption of both AI and non-AI technologies. He added that enhanced training support would help SMEs identify and implement modern tools to drive innovation, improve efficiency and strengthen long-term competitiveness.
Rising costs remain a key challenge for Hong Kong SMEs in 2025, with 29 per cent reporting it having a negative impact on their business. However, this was the second‑lowest level among all surveyed markets, underscoring Hong Kong’s relatively low inflationary environment last year. Notably, the share of SMEs citing staff costs as a negative factor rose from 35 per cent to 42 per cent, making it the most significant cost pressure for Hong Kong businesses in 2025. This increase may help explain why the proportion of SMEs hiring additional staff declined from 42 per cent to 38 per cent last year.
Mr Leung said, “Increasing costs remain a significant barrier for many SMEs across Asia‑Pacific region, but Hong Kong’s relatively low inflation has helped cushion the impact on local small businesses,” Mr Leung said.
Mr Leung added that while headcount growth has moderated, overall staff costs have continued to rise as businesses invest in higher‑value talent. “Greater digitalisation and automation have helped ease labour constraints in Hong Kong. When SMEs do add staff, they are increasingly recruiting employees with digital and AI capabilities, or creating new roles to support business transformation. These positions typically command higher salaries, which has contributed to higher overall staff costs despite slower hiring growth.”
The annual survey collected the views of 4,166 small businesses across 11 Asia-Pacific markets, including Singapore, the Chinese Mainland, and Australia, with 305 respondents from Hong Kong.
Hashtag: #CPAAustralia
The issuer is solely responsible for the content of this announcement.
CPA Australia is Australia’s leading professional accounting body and one of the largest in the world. We have more than 176,000 members in over 100 countries and regions. Our core services include education, training, technical support and advocacy. CPA Australia provides thought leadership on local, national and international issues affecting the accounting profession and public interest. We engage with governments, regulators and industries to advocate policies that stimulate sustainable economic growth and have positive business and public outcomes. A CPA is a Certified Practising Accountant. More at cpaaustralia.com.au
MACAU SAR – Media OutReach Newswire – 23 April 2026 – Banco Well Link, S.A. (“Well Link Bank”) and FWD Macau (“FWD”) today announced a bancassurance partnership in Macau, marked by an official launch ceremony. The collaboration enables Well Link Bank to offer a broader range of insurance products and services to customers in Macau, including high‑net‑worth individuals, further strengthening the Bank’s wealth proposition. Leveraging Well Link Bank’s strong client base and extensive branch network in Macau, together with FWD’s customer-led and tech-enabled approach, the partnership will deliver cutting-edge insurance solutions and more convenient experiences for Macau residents and visitors, supporting customers in achieving their wealth appreciation and legacy planning goals.
This year marks Well Link Bank’s 30th anniversary and FWD Macau’s 26th, underscoring both companies’ longstanding commitment to excellence in wealth management. Through consistently delivering professional, high-quality products and services, the two companies continue to create value for customers and steer market development.
Huang Ruisheng, Executive Director and CEO, Well Link Bank, said: “Well Link Bank is committed to providing diversified and forward-looking wealth management solutions in Macau. Establishing this bancassurance partnership with FWD Macau is a significant milestone in our wealth management roadmap. We firmly believe that through close collaboration that leverages the Bank’s strong local customer network and FWD’s strengths in product innovation and technology, we can deliver more personalised and effective insurance solutions with higher growth potential. Looking ahead, Well Link Bank will continue to harness innovation and professional expertise to contribute to Macau’s diversified economic growth and the prosperity of its financial market.”
Ken Lau, Managing Director of Greater China and Hong Kong Chief Executive Officer, FWD, said: “FWD Macau is delighted to establish this bancassurance partnership with Well Link Bank in Macau. By combining the professional edge and corporate strength of both companies, we are committed to changing the way people feel about insurance in the Macau market. We look forward to working closely with Well Link Bank to help customers achieve their wealth appreciation and legacy planning goals through FWD’s prudent, customer-led insurance solutions, thereby creating long-term value. This partnership not only enhances our product distribution capabilities but also represents an important step in expanding our footprint in Macau and with Macau visitors.”
Hashtag: #WellLinkBank #FWD
The issuer is solely responsible for the content of this announcement.
Banco Well Link, S.A. (hereinafter referred to as WLB) is a fully licensed commercial bank registered in Macao. Upholding the “bridge” spirit, WLB is committed to serve as a bridge to success for clients, serves enterprises and individuals, promotes the country’s development and contributes to our mutual benefit society.
WLB unceasingly strengthens its technology leadership, enhancing the capability to offer comprehensive services to customers through optimization of financial technology, making full use of its advantages of featured finance and professional services, and mapping a financial ecology. WLB, acting as an inclusive finance practitioner, devotes itself to small and medium customers and personal consumption operations.
WLB’s products and services include: Savings Deposit & Time Deposit, Transfer, Credit Card & Debit Card, Personal Loan; Services by channels: ATM, STM, Mobile Banking and Online Account Opening; Personal Banking services: Well Link Securities Service, Insurance Agency, Payroll Service and Tax Rebate.
For more information about Well Link Bank, please visit the Bank’s website at https://www.wlbank.com.mo/.
FWD Macau is part of the FWD Group (1828.HK), a pan-Asian life and health insurance business that serves more than 38 million customers across 10 markets, including BRI Life in Indonesia. FWD Macau provides a suite of life and medical insurance products.
FWD’s customer-led and tech-enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance. FWD Group is listed on the main board of the Hong Kong Stock Exchange under the stock code 1828.
For more information about FWD Macau, please visit www.fwd.com.mo.
GamesIndustry. biz is set to return to Brazil next week to cover Gamescom Latam in São Paulo, as the event prepares for a five-day run from April 29 to May 3 at the Anhembi District, with April 29 reserved as a VIP day before the main public programme opens. The trip places the publication back at one of the gaming sector’s fastest-expanding regional gatherings, at a time […]
The Gentlemen ransomware operation is building momentum across the cybercrime market, drawing in more affiliates, broadening its toolset and sharpening its focus on corporate targets as security researchers trace a faster pace of attacks through the opening months of 2026. Check Point said the group has publicly claimed more than 320 victims, with about 240 of those listed this year, a pattern that points to rapid affiliate […]
Arjavi Indraneesh While demand for shisha smoking is steadily going up, air quality regulations, fire safety concerns and the operational burden of managing charcoal-based systems have historically presented challenges to hospitality venues. Ronan Barry, Chief Legal and Corporate Affairs at AIR, the global leader in hookah and pioneer in advanced inhalation technologies, spoke to the Arabian Post on the emerging shisha trends and the company’s future plans. […]
Building on last year’s theme “Super Every Moment”, this year’s edition introduces a brand-new Super Video category alongside expanded support programs offering creators more visibility and professional support. This year’s competition also includes a total prize pool of $76,500 distributed across the various prize categories.
“Over the past four years, the OPPO Photography Awards has evolved into a truly global platform that empowers mobile creators everywhere to express their inspiration effortlessly through OPPO’s powerful imaging capabilities,” said Ling Liu, Overseas CMO at OPPO. “Championing young creators has always been central to the Awards, and this year, we are taking this further by creating more opportunities for the next generation to be seen, supported, and recognized. Smartphone users have always embraced video as a powerful tool for mobile storytelling, and through our advanced imaging technologies and long-term partnership with Hasselblad, we hope to empower more creators worldwide to tell rich and authentic stories with their mobile devices.”
New Categories Celebrate New Possibilities in Mobile Imaging
The OPPO Photography Awards 2026 introduces two new categories—Super Video and Super Zoom—as part of an updated six-category lineup that also includes Journey, Me, Live, and Snap.
Marking the first dedicated video category in OPPO Photography Awards history, the Super Video category aims to highlight the growing influence of video alongside photography as a distinct medium for mobile storytelling. With life’s meaningful moments taking place not only in static frames but the dynamic motion and emotions that unfold between them, OPPO is empowering storytellers from all walks of life to capture this motion through the latest innovations in mobile videography. Building on its longstanding focus on video, OPPO continues to deliver industry-leading capabilities across its product portfolio, enabling both enthusiasts and professionals to fully embrace the fun of creation.
Beyond offering cutting-edge technology, OPPO is equally committed to enhancing how these creations are shared. OPPO and Meta are closely collaborating to optimize the video-sharing experience on Instagram. OPPO Find X9 Ultra users can now achieve near-lossless video quality from capture to share. Videos shared on Instagram will retain quality virtually indistinguishable from the original footage, achieving the industry’s highest standards and ensuring that every shared moment remains true to the original creation. This reflects OPPO’s continued focus on optimizing the entire creative lifecycle for a truly seamless user experience.
This year’s other new category, Super Zoom, seeks to explore the creative potential made possible through OPPO’s long-term investment in advanced telescope zoom technology. By pushing the boundaries of mobile imaging, OPPO has brought smartphone zoom capabilities closer than ever to those of traditional standalone cameras, allowing users to capture unseen details with precision and explore life’s hidden beauty from completely new perspectives.
Committed to Supporting Young Creators
OPPO is committed to supporting young creative talents and amplifying their voices globally. Through the 2026 Awards, this commitment is taken even further with several new programs designed to empower creators’ long-term growth through professional guidance and coaching.
In partnership with Discovery Channel, OPPO has launched the Filmmaker Accelerator Program, offering young creators exclusive mentorship from industry professionals. Creators who submit videos to the Super Video category will have the chance to be invited to produce a short film with end-to-end creative support and potential broadcast opportunities, alongside a grant provided by OPPO.
OPPO is also extending support to the wider creator community through a range of accessible learning resources. Among them, the new OPPO Imaging Academy features a series of tutorial videos designed to help users tap into the full power of OPPO’s cutting-edge technology to transform creative inspiration into artistry.
In addition to these initiatives, the OPPO Creators program further expands visibility and creates more professional development opportunities for young creators. Through the program, outstanding works will be showcased across various OPPO platforms, and creators will also gain priority invitations to flagship launches and collaboration opportunities, along with complimentary professional equipment to support their ongoing development.
Opening Diverse Pathways for Creators Worldwide
As part of efforts to recognize a wider range of creators and expand participation in the Awards, the OPPO Photography Awards 2026 introduces a diverse awards program that gives creators more opportunities to gain global exposure and showcase their work on a bigger stage.
In addition to the Gold, Silver, and Bronze Awards up for grabs in the main competition, participants can also earn recognition and generous incentives through Honorable Mentions, Regional Awards, and the Audience Choice Awards. A total of 38 different awards or acknowledgements are on offer recognizing outstanding creators across all categories, with a total prize pool of $76,500.
The year’s judging panel also brings together renowned industry professionals in both photography and cinematography, including Tina Signesdottir Hult and Wang Jianjun, Hasselblad Masters; Vikram Channa, Vice President, Co-Lead, and Editorial Chief at Warner Bros. Discovery; Zhu Jiong, Professor at the School of Visual Media and Communication, Beijing Film Academy; Pete Lau, Senior Vice President and Chief Product Officer at OPPO; and Joy Cheng, Director of Imaging Cognition at OPPO.
To further encourage participation, the 2026 Awards also introduces a new monthly contest format. Through the new format, young creators can receive feedback and more visibility on an ongoing basis, while also having the opportunity to progress into the main competition.
Global Competition Submissions Open Until December 31
Submissions for the OPPO Photography Awards 2026 and the first round of monthly contests are now open. Creators worldwide are invited to submit their entries and showcase their creativity and storytelling visions captured on OPPO, OnePlus or realme devices.
Entries for the global competition will remain open until 24:00 (UTC+8), December 31, 2026. Submissions for all categories can be made via the official OPPO Photography Awards website. Submissions for the Super Video category can also be made through Instagram and TikTok using the hashtags #SuperVideo and #ShotOnOPPO.
Entries for the first global monthly contest can be submitted via the official website or on Instagram with the hashtags #SuperEveryMoment and #ShotOnOPPO. Upcoming monthly contests will feature different themes, with future submissions accepted through both social platforms and the official website.
For more information on the OPPO Photography Awards 2026 and the monthly contests, please visit the official website at https://lumo.oppo.com/en/.
Hashtag: #OPPO
The issuer is solely responsible for the content of this announcement.
Hashtag: #ECOVACS
The issuer is solely responsible for the content of this announcement.
KUALA LUMPUR — The United Arab Emirates National Pavilion opened strongly at DSA and NATSEC Asia 2026 in Kuala Lumpur on Monday, drawing senior military, government and industry visitors as Gulf defence manufacturers used one of Asia’s largest security exhibitions to press for deeper commercial ties, technology partnerships and export growth in South-East Asia. The pavilion is part of the four-day event being held from 20 to […]
Arabian Post Staff -Dubai UAE officials used the World Bank Group and IMF Spring Meetings in Washington to press a broader case for stronger multilateral coordination, flexible fiscal policy and wider financial partnerships, as the gatherings unfolded against a darker global backdrop of slower growth, energy-market strain and rising uncertainty. The delegation, led by Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, said the […]
At the centre of the Manila discussions was Mohammad Ali Rashed Lootah, President and Chief Executive of Dubai Chambers, who met Ferdinand A. Ferrer, president of the Philippine Chamber of Commerce and Industry, and Donald Lim, president of the Management Association of the Philippines. According to Dubai Chambers, the conversations focused on trade facilitation, investment promotion and business partnerships, with particular attention to artificial intelligence, digital transformation and smart cities. Separate talks were also held with leading Filipino companies, where Dubai’s advantages were presented in areas including the digital economy, real estate investment and retail.
The Manila visit was not an isolated diplomatic stop. It followed the formal launch of Dubai International Chamber’s office in Manila on April 14, part of Dubai’s wider effort to build a larger global commercial footprint. Dubai Chambers says the office will serve both sides of the relationship: helping Filipino companies study opportunities in Dubai and use the emirate as a platform for expansion, while also supporting Dubai-based companies looking to enter the Philippine market through local intelligence, commercial introductions and help with market entry.
The commercial backdrop helps explain the urgency. Non-oil trade between Dubai and the Philippines reached AED3.58 billion in 2025, a 17 per cent increase from 2024, according to Dubai Chambers. By the end of December 2025, 2,592 Filipino companies were registered as active members of Dubai Chamber of Commerce, up 23.3 per cent year on year, while 856 new Filipino companies joined during 2025. Those figures point to a relationship that is moving beyond labour and remittance links into a more formalised business corridor involving services, trade intermediation, investment and corporate expansion.
That momentum has been building for some time. In May 2025, Dubai Chamber of Commerce organised a trade mission to the Philippines involving representatives from 17 Dubai-based private-sector companies. The mission produced 180 bilateral business meetings and included a Manila forum, “Doing Business with the Philippines”, attended by 314 participants. During that forum, Dubai Chambers signed a memorandum of understanding with the Philippine Chamber of Commerce and Industry to strengthen cooperation and explore new avenues for trade and investment. January 2026 brought another symbolic marker when First Lady Louise Araneta-Marcos visited Dubai Chambers headquarters, adding political visibility to what has become a more structured economic relationship.
For Dubai, the Manila initiative fits a larger policy design. The chamber says the office forms part of the “Dubai Global” initiative, which aims to establish 50 representative offices worldwide by 2030 and support expansion into 30 priority markets. That strategy is designed to attract foreign direct investment into Dubai while helping companies based there expand overseas. The Philippines, with its large consumer market, growing digital economy and active private-sector institutions, offers Dubai an opening not only into Southeast Asia but also into sectors where urban development, technology adoption and service-led growth are accelerating.
For the Philippines, the significance lies in access. Dubai positions itself as a gateway market linking Asia, the Gulf, Africa and Europe, and Filipino businesses looking for a wider regional or global footprint may see value in that proposition. The chamber has framed Manila’s new office as a bridge that can lower information barriers, connect firms with partners and convert general goodwill into bankable deals. Sectors identified during the talks suggest where both sides believe there is room to move fastest: AI and digital transformation for future-oriented growth, smart cities for infrastructure and urban services, and real estate and retail for more immediate commercial activity.
Arabian Post Staff -Dubai The Integrated Transport Centre, an affiliate of Abu Dhabi’s Department of Municipalities and Transport, has held its annual ceremony to honour strategic partners, using the event to spotlight the role of public-private collaboration in shaping the emirate’s transport ambitions. The gathering in Abu Dhabi came as the transport authority continues to widen its work with technology firms, mobility operators and infrastructure partners […]
To support its planned product launch in June 2026, VinFast has continued to partner with leading motorcycle distributors in the Philippines, including Wheeltek Motor Sales Corporation; Gentrade International Phils., Inc. (Transcycle); Superbikes Corporation; Motoxpress Sales Corporation; FMN Industrial Corp.; Eduhome Enterprise, Inc.; Keymotors Incorporated; Motorpro by Abenson Ventures Inc. and Aserco; Moto Atelier Inc.; Ciclo Suerte; HG Motorzone; HGC Main Marketing (Motorboy); BLC Cycle Parts Supply; and Auto Ten Trade & Services Corp. Similar to the partners signed in January 2026, these partners have extensive networks, demonstrate strong operational capabilities, and possess longstanding experience in the motorcycle business, alongside a clear orientation toward the green transition.
VinFast and its partners will collaborate to rapidly roll out a showroom network across the market, with many outlets expected to be launched in parallel at the time of product introduction, laying the foundation for accelerated expansion of nationwide sales and after-sales services. The showrooms will be developed in high-demand areas with strong potential for green transition such as Metro Manila, Metro Davao, Rizal, Laguna, Cavite, Batangas, Metro Cebu, Bulacan, and other major urban provinces, and will adhere to VinFast’s global standards for operations and brand identity.
In the initial phase, the network will distribute a portfolio of swappable-battery e-scooters, including Evo, Feliz II, Viper, and other models expected to be launched in the near future, alongside upcoming models that will be further adapted to local infrastructure conditions and consumer usage patterns in the Philippines.
The Philippines is one of Southeast Asia’s largest motorcycle markets, characterized by strong demand for personal mobility and rapid urbanization. Amid fuel price volatility and a growing shift toward sustainable solutions, e-scooters are emerging as a promising pathway, particularly when supported by an integrated ecosystem.
VinFast is pioneering the development of a comprehensive e-scooter ecosystem in the Philippines, encompassing dealer networks, after-sales services, financing solutions, and energy infrastructure. Notably, the company aims to deploy approximately 30,000 battery-swapping stations nationwide in the near term, in collaboration with infrastructure partners, to deliver a convenient and flexible user experience.
Earlier in 2026, VinFast announced plans to expand its e-scooter business across five key international markets, including the Philippines, Indonesia, India, Thailand, and Malaysia, as part of its global strategy to scale a green mobility ecosystem.
Ms. Vo Thi Cam Tu, Managing Director of VinFast E-Scooters Overseas Market, said: “Our partnerships with 14 major dealers in the Philippines mark an important step in rapidly establishing a strong distribution and service foundation from the outset. We are not only introducing products tailored to local needs, but also developing an integrated ecosystem, from battery-swapping infrastructure to after-sales services, enabling consumers to access and adopt e-scooters in a convenient, efficient, and sustainable manner.”
In recent years, VinFast has steadily built its presence across key Southeast Asian markets, including the Philippines, through a diverse electric vehicle portfolio and strategic partnerships in infrastructure and services. The expansion into e-scooters further completes its green mobility ecosystem in the market and the region, while providing consumers with more flexible options in the transition to sustainable transportation.
Hashtag: #VinFast
The issuer is solely responsible for the content of this announcement.
Polygon has launched a native liquid staking token called sPOL, a move designed to free up roughly $330 million worth of staked POL for use across decentralised finance, while drawing fresh market attention to whether the network can convert technical upgrades into stronger token demand. The launch gives users who stake POL on Polygon’s proof-of-stake network a liquid token in return, allowing them to keep earning staking […]
World Bank has launched a new strategy for small states, promising a more tailored approach for countries that face outsized economic risks from isolation, narrow domestic markets and repeated external shocks. The plan, unveiled on Friday by World Bank President Ajay Banga during the spring meetings in Washington, puts jobs, private investment and more flexible financing at the centre of support for small island economies and other […]
Bhutan has moved another 250 bitcoin worth about $18.5 million, extending a steady disposal of the digital asset that has cut the kingdom’s publicly tracked holdings to roughly 3,500 BTC and raised fresh questions over how long one of the world’s best-known sovereign crypto stockpiles can last. The transfer, flagged by Arkham Intelligence and widely followed across crypto markets, came as bitcoin traded near $77,000 on April […]
