Uber’s push into autonomous vehicles hinges on a complex sensor ecosystem that is increasingly central to how the company positions itself in the future of transportation, even as it pivots from building self-driving systems internally to orchestrating partnerships across the sector. The ability of vehicles to perceive, predict and respond to real-world conditions depends on the performance, redundancy and cost of the sensors that sit at the […]
UAE is steadily positioning itself as a global reference point for pharmaceutical innovation, backed by regulatory maturity, public-private collaboration and an explicit policy commitment to advancing healthcare, senior executives at Novartis say. The assessment reflects a broader shift in how multinational drugmakers view the Gulf state, not merely as a sales market but as a base for development, manufacturing and clinical collaboration. Valued at about $4.15bn, the […]
Arabian Post Staff -Dubai Riyadh Air, the new full-service carrier backed by the Public Investment Fund of Saudi Arabia, has entered into a strategic partnership with Mastercard that both companies say is designed to reshape how travellers and businesses engage with airlines, payments and digital services. The agreement, announced as Riyadh Air advances preparations for its first commercial flights, signals an attempt to integrate financial technology into […]
By T N Ashok NEW YORK: For seven decades, American diplomats danced around Kashmir with the precision of tightrope walkers, carefully avoiding any gesture that might suggest the United States had chosen sides in South Asia’s most intractable territorial dispute. Maps were scrubbed of political meaning. Statements were lawyered into studied neutrality. From Truman to […]
Millennium Hotels and Resorts is sharpening its expansion strategy by placing the Middle East, North Africa and Turkey at the centre of its global growth plans, using the region’s aviation reach, investment climate and tourism depth to connect Asia with a wider set of international markets. Executives at the Singapore-based hospitality group say the MENAT region has moved beyond being a strong operating base to become a […]
Dubai-based property developer Binghatti has priced a $500 million five-year sukuk after attracting demand that significantly exceeded the issue size, underscoring sustained investor appetite for higher-yield Gulf credit despite tighter global financial conditions. The Islamic bond was priced on Thursday with a profit rate of 8.375 per cent, equivalent to a spread of 461.3 basis points over US Treasuries, according to transaction details. Orderbooks climbed beyond $2.2 […]
Today’s biggest stars express individuality and confidence with natural diamonds
LOS ANGELES, US – Media OutReach Newswire – 6 February 2026 – At this year’s GRAMMY Awards, the Red Carpet sparkled with natural diamonds punctuating the looks of today’s most celebrated music artists.
Natural diamonds take center stage on the red carpet at the Grammy Awards. From left to right: Addison Rae, Bad Bunny, Justin Bieber and Hailey Bieber, Olivia Dean
Leading artists, performers and presenters showed up for music’s biggest night in diamond jewelry looks that spoke to creativity, individuality, glamour and power. From nominees Olivia Dean and Sabrina Carpenter to presenter Keltie Knight’s choices, natural diamonds expressed not only the timeless glamour and brilliance they’re known for, but their ability to amplify personal style. Natural diamonds were spotted in a range of tones from icy whites to deep whiskeys, and in settings from platinum to rose gold. Just as Hollywood stars are hitting the Red Carpet this year in Desert diamonds, the biggest new trend in natural diamonds, musical artists are experimenting with a bolder diamond palette, creating a more personality-driven red carpet.
Desert diamonds Desert diamonds, ranging from warm whites to deep whiskeys, were spotted everywhere, including on presenter Keltie Knight, who opted for unique diamond and yellow gold hoops by RENNA, as well as a smattering of yellow gold, fancy-shaped diamond solitaire rings from the brand. Highlights also included power player J Balvin who chose a clean and classic tuxedo paired with a large cushion cut yellow diamond ring that added a nice balance to the traditionally masculine look.
Simple Drops Simple drop earrings emerged as a quiet standout at the GRAMMYs, proving that restraint can be just as impactful as large statement pieces. Addison Rae and Madison Beer leaned into effortless glamour, choosing sleek diamond drops that framed the face with subtle movement and modern elegance. Billie Eilish brought her signature edge, using pared-back diamond drops to balance her bold black and white suiting. Kelsea Ballerini elevated the look in Sabyasachi, where refined diamond drops added softness and romance, while Reba McEntire turned to Martin Katz for timeless brilliance, opting for classic diamond drops that were sure to catch the eye.
Diamond Hoops for Men Men are increasingly embracing minimalist yet impactful diamond hoop earrings as a refined accessory choice. Bad Bunny paired his sharp Schiaparelli tuxedo with a single diamond hoop earring, bringing a subtle but polished sparkle to his look that perfectly balanced his experimental sartorial vibe. Kaytranada’s red carpet presence and inclination for understated yet stylish accessories suggest that simple diamond hoops align naturally with his fashion-forward aesthetic. This trend points to a broader moment in men’s red carpet jewelry: pared-back diamond hoops that provide polished shine without overpowering the rest of the ensemble, signaling a move toward jewelry that feels personal, versatile, and modern.
Rings Rings at the GRAMMYs reflected a dual trend of bold expression and refined delicacy, underscoring natural diamonds’ versatility. Sabrina Carpenter complimented her look in Chopard, opting for diamond rings that delivered impact without overpowering her look, while Sombr also made a striking impression with a diamond ring that was perfect high-jewelry shine to go with his existing sequined ensemble. In contrast, Olivia Dean showcased a more delicate approach in Cartier High Jewelry, layering elegant diamond rings that emphasized timeless sophistication perfectly echoing her Chanel gown. Miley Cyrus made perhaps the boldest ring statement of the night with several diamond rings stacked and worn over leather gloves.
Necklaces Necklaces at the GRAMMYs showcased how natural diamonds can define both quiet refinement and bold presence on the red carpet. On the delicate end of the spectrum, Charlotte Lawrence in Messika exemplified understated luxury with a finely crafted diamond necklace that traced the neckline proving that less is more. In contrast, Hailey and Justin Bieber turned heads with matching Lorraine Schwartz statement diamond neck pieces that anchored their looks. Tate McRae also grabbed attention with a 50 carat Lorraine Schwartz necklace, while Pharrell Williams elevated his ensemble with a striking diamond necklace that blended artistry and scale. Together, these moments underscored a versatile necklace trend: from minimalist diamonds that whispered elegance to oversized, expressive pieces that commanded attention. Natural diamonds continue to serve as dynamic anchors in personal style storytelling.
The issuer is solely responsible for the content of this announcement.
About De Beers Group
Established in 1888, De Beers Group is the world’s leading diamond company with expertise in the exploration, mining, marketing and retailing of diamonds. Together with its joint venture partners, De Beers Group employs more than 20,000 people across the diamond pipeline and is the world’s largest diamond producer by value, with diamond mining operations in Botswana, Canada, Namibia and South Africa. Innovation sits at the heart of De Beers Group’s strategy as it develops a portfolio of offers that span the diamond value chain, including its jewellery houses, De Beers London and Forevermark, and other pioneering solutions such as diamond sourcing and traceability initiatives Tracr and GemFair. De Beers Group also provides leading services and technology to the diamond industry in the form of education and laboratory services and a wide range of diamond sorting, detection and classification technology services.
De Beers Group is committed to ‘Building Forever,’ a holistic and integrated approach to sustainability that underpins our efforts to create meaningful impact for the people and places where our diamonds are
discovered. Building Forever focuses on three key areas where, through collaborations and partnerships around the globe, we have an enhanced ability to drive positive impact; Livelihoods, Climate and Nature. De Beers Group is a member of the Anglo American plc group. For further information, visit www.debeersgroup.com.
Arabian Post Staff -Dubai Badrgo, a homegrown ride-hailing and mobility platform, has wrapped up its participation at Web Summit Qatar 2026, using the global technology gathering in Doha to signal its ambitions as competition intensifies across the region’s urban transport market. The company said its presence at the event underscored a shift from early-stage experimentation to operational execution, with a sharper focus on scale, regulatory alignment and […]
Dubai-based luxury property developer Binghatti Holding Limited has instructed banks to arrange a series of fixed income investor calls starting Tuesday, 3 February 2026, as it prepares the ground for a benchmark-sized, five-year, US dollar-denominated sukuk offering, according to transaction details communicated to the market. The planned issuance will take the form of a Regulation S senior unsecured sukuk under the $1.5 billion Trust Certificate Issuance Programme […]
Arabian Post Staff -Dubai Abu Dhabi has added a new regulated player to its financial landscape with the formal launch of EmCoin, positioned as the country’s first onshore, Capital Market Authority-regulated multi-asset investment platform. The company says the platform allows investors to access crypto assets, foreign exchange, equities and other asset classes through a single, domestically licensed structure, marking a notable step in the UAE’s effort to […]
Arabian Post Staff -Dubai ADNOC Distribution has delivered record financial performance for 2025, underpinned by higher fuel volumes, steady network expansion and improving non-fuel revenues across its regional footprint, according to figures disclosed by the company. Full-year earnings before interest, tax, depreciation and amortisation rose 11.1 per cent year on year to $1.166 billion, while net profit climbed 15.4 per cent to $761 million, marking the […]
Arabian Post Staff -Dubai UAE and Ecuador have formalised a new layer of institutional cooperation aimed at strengthening public accountability, audit standards and anti-corruption frameworks, signing a set of memoranda of understanding that officials on both sides say are designed to translate political intent into operational coordination between oversight bodies. The agreements, concluded between the UAE Accountability Authority and Ecuador’s national audit institutions, seek to improve information-sharing, […]
Theme: Leading with Purpose — Fair and Sustainable Insurance
HONG KONG SAR – Media OutReach Newswire – 3 February 2026 – 10Life held its annual 5-Star Insurance Awards on Jan. 29, 2026, at Rosewood Hong Kong, reaffirming its commitment to helping consumers identify quality insurance through independent ratings. The event drew a record-breaking turnout of more than 70 senior executives from 11 insurers — a testament to the Awards’ growing influence in driving higher standards across the industry.
Award-winning insurers in attendance included AXA, BOC Group Insurance, BOC Life, Blue Cross, FWD, Generali, Hang Seng Insurance, Manulife, MSIG, Sun Life and YF Life.
This year’s theme, “Leading with Purpose: Fair and Sustainable Insurance,” brought together industry leaders to address a critical question: with increasingly complex risks and diverse consumer needs, how can insurers keep protection both adequate and affordable for the long term? The answer, 10Life believes, lies in building a fairer, more customer-centric insurance ecosystem.
Independent Selection of Top 10% 5-Star Insurance Products
10Life was founded with a singular mission — to make insurance fair. Each year, 10Life raises its 5-Star rating standards to ensure only the best products earn recognition. Its actuaries and data scientists analyse coverage scope, policy terms and fine-print details across thousands of data points. Only the top 10% of products earn 5-Star certification, helping consumers cut through marketing noise to find genuine quality protection.
“The 10Life 5-Star Awards has upheld one principle above all: independence,” said Dennis Lun, Co-founder and CEO of 10Life. “We rate every product on its merits, and our results are never influenced by commercial partnerships. More than 2.3 million users rely on 10Life annually, and independent research shows that 87% trust our ratings when making insurance decisions.”
Mr. Lun added: “The insurance landscape is evolving rapidly. People are living longer and need sustained wealth and health protection. Medical inflation is testing affordability. Advances in diagnostic technology mean pre-existing conditions are detected earlier — challenging traditional underwriting norms. As Hong Kong integrates more deeply with the Greater Bay Area, cross-border protection needs are surging. 10Life’s role is to hold insurers accountable and help Hong Kong consumers access fair, sustainable protection.”
10 Life Co-founder and CEO Dennis Lun delivers a keynote address.
Why Fairness and Sustainability Go Hand in Hand
Mark Saunders, President of the Actuarial Society of Hong Kong, delivered the keynote address on building a fair and sustainable insurance ecosystem.
“The insurance industry must evolve from passive claims payer to proactive risk prevention partner,” said Mr. Saunders. “Traditionally, insurers compensate after misfortune strikes. But the future lies in prevention — delaying or mitigating adverse events benefits society, individuals and the sustainability of insurance itself.”
He added: “Fairness is the bedrock of trust. Only when consumers believe the system is fair will they confidently participate in risk-sharing. Sustainability ensures insurers can honour their promises across generations — so policyholders and their families can rely on their coverage when it matters most.”
Trust, Mr. Saunders noted, is not built when premiums are collected — it is built when claims are honoured.
Mr. Mark Saunders, President of the Actuarial Society of Hong Kong, delivers a speech at the event.
Recognising Excellence Across Products and Insurers
5-Star Awards were presented across seven product categories: Medical Insurance, Critical Illness Insurance, Savings Insurance, QDAP (Tax-Deductible Annuity), Immediate Annuity, Whole Life Insurance and Travel Insurance. The 5-Star Innovative Product Award was newly introduced this year to spotlight products offering industry breakthroughs in customer-centric features, coverage and value.
In recognition of overall excellence, 10Life also presented four insurer-level awards. FWD was honoured with the Health Insurer of the Year Award for excellence in medical and critical illness protection. BOC Life received the Wealth Insurer of the Year Award for outstanding savings and retirement solutions. Manulife was honoured with the GBA Insurer of the Year Award, newly introduced to recognise insurers best equipped to serve cross-border protection needs between Hong Kong and the Greater Bay Area. Sun Life was named Insurer of the Year for achieving 5-Star ratings across six product categories, demonstrating the strongest all-round performance.
The issuer is solely responsible for the content of this announcement.
About 10Life
10Life is Hong Kong’s leading independent insurance comparison platform, founded by insurance professionals with a single purpose: to make insurance fair. Powered by technology and guided by consumer interest, 10Life delivers fair products, fair advice and fair claims support. Its pioneering product rating system empowers more than 2.3 million users annually to compare insurance with confidence. A team of in-house advisors provides recommendations based solely on customer needs with no hard sell. Independent claims specialists advocate for policyholders, navigating the claims process and challenging insurers when necessary to secure fair outcomes. To learn more or compare insurance products, visit 10Life.com
First-of-its-kind multi-region study on the perceptions of ageing and ageing well officially launched at the Intercontinental Alliance for Integrated Care (IAIC) gala dinner.
The study featured insights from five member regions to advance support for ageing.
The Alliance welcomed seven new members, strengthened its local chapters and handed over 2026 hosting duties to the United Kingdom.
SINGAPORE – Media OutReach Newswire – 21 November 2025 – The Intercontinental Alliance for Integrated Care (IAIC), hosted by the Singapore University of Social Sciences (SUSS), today launched its first-ever multi-region study on the perceptions of ageing and ageing well. Now in its second edition, the Alliance’s annual flagship event IAIC 2025 brought together partners from across Asia, Europe, and North America, including new members from Estonia, India, Japan, Malaysia, South Korea, and Chinese Taipei, to advance new knowledge, partnerships and innovations shaping the future of ageing and integrated care.
Launch of the IAIC Multi-Region Study Report
Led by SUSS and co-developed with IAIC members, the multi-region study – A Study on Perceptions of Ageing and Ageing Well: Exploring Older Adults’ Experiences and Coping Strategies Across Regions – draws insights from five regions: Singapore, Canada, Mainland China, Hong Kong SAR and the United Kingdom. It examines how older adults across different societies understand ageing, navigate later-life transitions and define what it means to age well.
Guest-of-Honour, Mdm Halimah Yacob, Chancellor, SUSS, at the official launch of the IAIC Multi-Region study.
Placing the lived experiences of older adults at its core, the study offers a clearer picture of what ageing well means to them and underscores the role of families, communities and care systems in shaping those experiences. It provides a cross-cultural view of older adults’ aspirations and coping strategies, revealing how social, economic and policy contexts influence their day-to-day realities. Insights from Brunei and Thailand will be incorporated in the next phase and shared progressively.
Across regions, the findings highlight a common theme: ageing is shaped not only by biological changes, but also by social and cultural contexts. A recurring paradox emerges – despite physical decline, many older adults continue to experience purpose, connection and well-being.
Singapore Chapter: Local Insights into Ageing Well
Within this broader landscape, the Singapore chapter adds depth to how these themes manifest locally, drawing on responses from about 1,000 survey respondents and 15 in-depth interviews. Several key insights emerged on how older Singaporeans understand and experience ageing. For instance:
Women aged 75–84 placed higher value on family and close relationships than men of the same age bracket, underscoring the central role of social bonds. Staying socially connected helps them remain emotionally engaged and supported by strong community ties. Men, by contrast, are more vulnerable to isolation after retirement, particularly when their identities were closely tied to work.
The study also highlighted “mastery” – the belief that one can still influence the course of one’s life – as a strong predictor of successful ageing. Older adults with a strong sense of mastery tend to stay socially connected, feel more satisfied, and continue pursuing activities that bring purpose and joy. They remain active not simply because they are physically stronger, but because they believe their actions continue to matter.
Associate Professor Justina Tan, Vice President of Strategic Partnership and Engagement at SUSS and Principal Investigator for the study, shared “As Singapore becomes ‘super-aged’ next year, the multi-region study aims to provide us with invaluable insights to guide more targeted policies and interventions. By understanding the unique needs and aspirations of our older adults, we can design programmes that not only preserve autonomy and foster meaningful conversations but also ensure that support is tailored to help every senior thrive in their own way.”
Following today’s launch, the IAIC partners will move into the implementation phase, where each country will adapt insights into on-the-ground pilot initiatives within their local care systems.
IAIC 2025: Beyond Borders, Beyond Age
Themed “Beyond Borders, Beyond Age: Shaping Tomorrow’s Tapestry of Integrated Care”, IAIC 2025 convened like-minded partners such as academic institutions, care providers, policymakers, and innovators across regions to shape care systems that transcend geographical, generational, and institutional boundaries.
Across the two-day programme, delegates took part in discussions, learning journeys and collaborative sessions focused on integrated care and healthy ageing. A key highlight was a visit to TOUCHpoint@AMK 433 this morning, where participants learned about Singapore’s community-based approaches to ageing well and supporting seniors to age in place.
The event culminated in a gala dinner at Conrad Singapore Marina Bay, where Guest-of-Honour, Mdm Halimah Yacob, Chancellor, SUSS, witnessed the official launch of the multi-region study together with IAIC representatives from Singapore, Canada, Mainland China and the United Kingdom.
In her address, Mdm Halimah said “Ageing is not a burden to be managed. It is a season of life to be respected, supported, and reimagined, where every person, regardless of age, continues to have value, voice, and belonging.” She added, “As we look to the future, the challenge of ageing will test every society’s capacity for compassion, creativity, and courage. It also offers a profound opportunity to redefine what it means to live and age well, and to reaffirm our shared humanity.”
Alliance Expansion and New Local Chapters
IAIC 2025 also marked a significant milestone for the Alliance with the addition of seven new member institutions, welcomed through a symbolic handprint ceremony. Led by SUSS, the IAIC is supported by 12 founding members across Asia, Europe and North America, each contributing expertise in ageing and integrated care.
This year, the Alliance expanded its network with the following new members:
Jeonbuk National University (South Korea)
Center for Sports Science and Healthy Aging, National Cheng Kung University (Chinese Taipei)
National Mental Health and Welfare Commission (South Korea)
Public Health Foundation India (India)
Tallinn University (Estonia)
Teikyo University (Japan)
Universiti Pendidikan Sultan Idris (Malaysia)
SUSS also formalised two new Local Chapter Memoranda of Understanding (MOUs) with Presbyterian Community Social Services Limited and Singapore Hospice Council. These partnerships seek to strengthen community-based initiatives, pilot projects and workforce development in integrated care, while advancing applied research and fostering innovation to better serve community needs.
Intergenerational Fashion Runway Featuring Seniors and Young Designers
A highlight of the gala dinner was a vibrant intergenerational fashion showcase co-created by seniors from Lions Befrienders and student-designers from the Nanyang Academy of Fine Arts (NAFA), University of the Arts Singapore (UAS), in partnership with SUSS.
Themed “Tapestry of Style: Weaving Generations Together through Fashion,” the showcase brought together lived experience, creativity and technical skill as seniors and students co-designed each ensemble. It celebrated seniors as active creators, spotlighting their stories, perspectives and style while demonstrating the value of intergenerational collaboration.
Passing the Baton
IAIC 2025 drew to a meaningful close with a symbolic handover ceremony, where SUSS formally passed hosting duties to Royal Holloway, University of London, which will host IAIC 2026. After two years of stewardship in Singapore, the Alliance now continues its journey of learning and collaboration beyond Singapore’s shores.
The handover highlighted IAIC’s rotating stewardship model and its commitment to continuity, shared leadership and cross-border knowledge exchange. It reaffirmed the Alliance’s vision of a global community working together to advance integrated care through partnership, research and collective progress.
Professor Tan Tai Yong, President, SUSS, said “The Intercontinental Alliance for Integrated Care reinforces a collective commitment across regions to rethinking how societies can better support ageing populations. SUSS is proud to take the lead in convening this year’s Alliance and in spearheading the multi-region study with our partners. The intergenerational elements woven into this year’s edition – from the study’s findings to the collaborative fashion showcase with Lions Befrienders and the Nanyang Academy of Fine Arts – remind us that strengthening care systems requires the voices, creativity and participation of all ages.” Hashtag: #IAIC2025 #SUSS #HealthyAgeing #IntegratedCare #ActiveAgeing #SeniorsWellbeing #PublicHealth #SocialCare #Gerontology #AgeFriendlySociety
The issuer is solely responsible for the content of this announcement.
About Singapore University of Social Sciences
At SUSS, we have a singular vision to be a university that inspires learning for life and impacts lives, regardless of age, background or life path. Our university is a vibrant tapestry of ages and experiences. From recent JC and polytechnic graduates to seasoned professionals, parents seeking new horizons and individuals redefining their careers in their golden years—our diverse community comes together for one common goal: to empower themselves with an education that impacts lives and society.
We offer more than 110 undergraduate and graduate programmes, available in full- and part-time study modes which are flexible, modular and interdisciplinary, catering to both fresh school leavers and adult learners. SUSS also offers a broad range of continuing education and training modular courses for the professional skills upgrading of Singapore’s workforce.
Our programmes and courses are offered by our six schools:
S R Nathan School of Human Development
School of Business
School of Humanities & Behavioural Sciences
School of Law
School of Science & Technology
School of Social Work & Social Development
Since becoming an Autonomous University in 2017, over 25,000 graduates have experienced our unique brand of education. More than 19,000 students are currently pursuing their full- and part-time studies with us.
The Institute for Adult Learning (IAL), as part of SUSS, leads in the field of research on adult and workplace learning and training of adult educators to build capabilities of the training and adult education sector in Singapore and beyond.
For more information about SUSS, please visit www.suss.edu.sg.
Crypto firms expanded hiring through 2025, with job openings rising 6% to 1,801, as companies pivoted towards compliance, business development and operations roles, signalling a maturation of the sector beyond its engineering-heavy origins. The increase came despite volatile digital asset prices and tighter oversight across major markets, underscoring how crypto businesses are adapting to regulatory scrutiny and a broader push for institutional credibility. While software engineers and […]
Gulf Warehousing Company has stepped onto a global technology stage with its debut at Web Summit Qatar 2026, signalling how logistics groups in the Gulf are repositioning themselves around data, automation and artificial intelligence. The Doha-based firm announced a partnership with Apify, a European cloud platform known for web data extraction, automation tools and AI-driven workflows, during the four-day summit held from 1 to 4 February in […]
Arabian Post Staff -Dubai Qatar Islamic Bank has entered into an exclusive partnership with Alfardan Automotive to roll out a bespoke, Shari’a-compliant vehicle financing programme aimed at reshaping premium car ownership in Qatar, a move that aligns banking innovation with the country’s high-end automotive retail market. The agreement brings together one of Qatar’s largest Islamic lenders and a dominant luxury automotive group, covering financing solutions across Alfardan […]
Kenya is set to host its first public cloud region after iXAfrica Data Centres confirmed a partnership with Oracle, a move that places Nairobi at the centre of East Africa’s fast-expanding digital infrastructure map. The initiative, announced in January 2024, brings Oracle Cloud Infrastructure services to locally based facilities operated by iXAfrica, allowing businesses and public institutions to store and process data within the country rather than […]
Los Angeles — Fashion, rather than trophies alone, commanded attention at the 2026 Grammy Awards, as artists, influencers and designers turned the red carpet into a statement on evolving celebrity style, global luxury branding and the music industry’s widening cultural reach. From sculpted minimalism to revived classic tailoring, the evening underscored how awards-season fashion has become as closely scrutinised as the performances themselves. Sabrina Carpenter emerged as […]
HANOI, VIETNAM – Media OutReach Newswire – 30 January 2026 – Alternative finance provider F88 continued its strong growth momentum in the fourth quarter of 2025, reporting higher profits, expanding lending operations and surpassing its full-year business targets, reinforcing its position in Việt Nam’s non-traditional financial services market.
F88 continued to expand across three main channels: its nationwide transaction office network, partnerships and digital services via the My F88 application. — Photo courtesy of F88
The company announced pre-tax profit of VNĐ304 billion (US$12 million) for the final quarter, up 47 per cent year-on-year. For the whole year, pre-tax profit reached VNĐ907 billion, more than doubling 2024’s figure and exceeding the annual plan by 35 per cent.
These results highlight F88’s rapid expansion in serving mass-market customers who remain underserved by traditional banking institutions.
As of December 31, outstanding customer loans totalled VNĐ7.2 trillion, up 57 per cent from the beginning of the year, reflecting rising demand and the company’s growing operational capacity.
Disbursements in the fourth quarter alone reached nearly VNĐ5 trillion, up 40 per cent year-on-year and marking the highest quarterly level since the firm’s establishment. Total disbursements for 2025 rose 37 per cent to VNĐ16.5 trillion.
Revenue growth also accelerated. Fourth-quarter revenue climbed 53 per cent to nearly VNĐ1.21 trillion. Lending activities remained the main driver, contributing VNĐ1.05 trillion, or 86.4 per cent of total revenue, up 51 per cent. Insurance services generated VNĐ149 billion, surging 62 per cent and accounting for 12.2 per cent.
This diversified income structure has helped the company reduce reliance on a single revenue stream, while improving overall resilience.
Alongside expansion, F88 maintained a focus on risk management and portfolio quality. The on-time repayment rate remained stable at around 84 per cent. Net write-offs in the fourth-quarter stood at 3.1 per cent of average outstanding loans, slightly higher than previous quarters due mainly to prolonged storms and flooding through November, which temporarily affected borrowers’ repayment ability in impacted regions.
Operating efficiency improved, with the cost-to-income ratio declining to 45.3 per cent from 48.7 per cent a year earlier.
The combination of stronger scale, tighter risk controls and cost optimisation underpinned the company’s record annual performance.
Customer growth was another key driver. Nearly 76,700 new borrowers were added during the quarter, up 26 per cent year-on-year. New contracts almost doubled to 269,000. The proportion of repeat customers increased significantly, with returning borrowers accounting for 67 per cent of contracts, compared to 58 per cent in the first quarter, indicating rising customer trust and satisfaction.
F88 continued to expand across three main channels: its nationwide transaction office network, partnerships and digital services via the My F88 application. The blend of technology and physical outlets has enabled the company to scale while maintaining control over operations.
By the end of the year, the firm operated 950 transaction stores nationwide, up 82 from the start of the year and exceeding its 2025 target.
Strategic partnerships also strengthened distribution. Cooperation with e-wallet provider MoMo now allows more than 30 million users to directly access F88’s secured lending services through the MoMo app. Meanwhile, collaboration with Military Bank (MB) has enabled F88 to operate a agent banking model at all transaction points, processing over 100,000 transactions for MB customers during the year.
F88 Chairman Phùng Anh Tuấn said the results reflected the company’s consistent strategy of balancing expansion with financial discipline.
“Our fourth-quarter and full-year performance demonstrates our commitment to sustainable growth, customer-centric services and prudent risk management,” Tuấn said.
“In 2026, we will continue selective expansion, improve portfolio quality, develop complementary financial services and deepen strategic partnerships to reinforce our leadership in Việt Nam’s alternative finance sector.”
Beyond its business performance, F88 also gained recognition for corporate governance and workplace standards. The company was named a Best Managed Company by Deloitte Private and ranked among the top 100 best places to work nationwide by Anphabe and the Việt Nam Chamber of Commerce and Industry. Hashtag: #F88
Nvidia Corp chief executive Jensen Huang has pushed back against suggestions that the chipmaker had lined up a $100 billion investment in OpenAI, saying any such figure was never a firm commitment and that the company would assess participation in funding rounds on their individual merits. The remarks seek to clarify Nvidia’s role at a moment when expectations around financing for advanced artificial intelligence models are reshaping […]
Abu Dhabi’s main stock exchange and Italy’s bourse have taken a formal step towards closer capital-market integration, signalling ambitions that extend beyond headline listings to the plumbing of cross-border settlement and custody. The Abu Dhabi Securities Exchange Group, ranked among the world’s top 20 exchanges by market capitalisation, and Borsa Italiana, part of the Euronext group, signed a letter of intent during the Abu Dhabi Investment Forum […]
OpenNebula Systems has formalised a collaboration with OVHcloud that places European digital sovereignty at the centre of enterprise cloud deployment, as the open-source cloud platform becomes available through OVHcloud’s infrastructure under the Hosted OpenNebula Cloud – Ready Certification Program. The move reflects mounting demand from public bodies and regulated industries for cloud environments that guarantee data residency, jurisdictional control and operational transparency within Europe. The partnership allows […]
Arabian Post Staff -Dubai Dubai Electricity and Water Authority has received five awards from the British Safety Council for 2025, reinforcing its standing in occupational health, environmental management and organisational wellbeing, according to official announcements from the utility and the London-based safety body. The awards include the Sword of Honour for Health and Safety, the Globe of Honour for Environmental Management and the Shield of Honour, […]
By T N Ashok NEW YORK: For seven decades, American diplomats danced around Kashmir with the precision of tightrope walkers, carefully avoiding any gesture that might suggest the United States had chosen sides in South Asia’s most intractable territorial dispute. Maps were scrubbed of political meaning. Statements were lawyered into studied neutrality. From Truman to […]
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