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Arabian Post Staff -Dubai Iran and Oman have moved towards a temporary arrangement to restore safer commercial shipping through the Strait of Hormuz, proposing a jointly managed navigation corridor and mine-clearing operation while negotiations continue on a permanent system for the strategic waterway. Foreign Minister Abbas Araghchi and his Omani counterpart Badr Albusaidi discussed the phased framework during talks in Tehran on Tuesday, August 25. The proposal […]

Arabian Post Staff -Dubai Abu Dhabi Islamic Bank’s board has approved plans to raise up to Dh1.75 billion through a rights issue, strengthening its capital base as the lender pursues faster expansion under its Vision 2035 strategy. The proposed transaction will involve the issuance of as many as 106.38 million new ordinary shares at Dh16.45 each. The subscription price represents a discount of about 28.8 per cent […]

METRO MANILA, PHILIPPINES – Media OutReach Newswire – 25 August 2026 – Green GSM, an all-electric ride-hailing platform, today officially launched Premium Taxi, an upscale seven-seat taxi service in the Philippines. With an all-electric fleet of sophisticated and spacious VinFast Limo Green vehicles, the service is designed to deliver a comfortable and convenient travel experience, setting a new standard for the high-end electric taxi segment in the market.

Green GSM launches its Premium Taxi service in the Philippines.
Green GSM launches its Premium Taxi service in the Philippines.

As Green GSM’s second service tier in the Philippines after Green GSM Car, Premium Taxi offers a new mobility option for groups of up to six passengers, families, business travellers, passengers carrying multiple pieces of luggage, and customers seeking a smooth ride in a pleasant and relaxing environment.

The entire Limo Green fleet is finished in black to reflect its high-end positioning, making it easily recognisable and distinguishable from the existing Green GSM Car service, which features a cyan color scheme. Alongside its modern exterior design and spacious seven-seat configuration with three rows, each Limo Green is equipped with amenities including automatic air conditioning, dedicated air vents for the two rear rows, and an air filtration system that helps keep the cabin pleasant and fresh.

Green GSM's Premium Taxi fleet exclusively uses VinFast Limo Green.
Green GSM’s Premium Taxi fleet exclusively uses VinFast Limo Green.

Alongside the three signature benefits of electric vehicle-zero emissions, no fuel odour and no engine noise-Green GSM’s Premium Taxi also delivers a five-star service experience through carefully-selected drivers who have received high ratings for service quality. Fares are transparently displayed through in-vehicle meters and on the Green GSM app, allowing customers to conveniently track their fares and trip information.

During its initial phase, Premium Taxi will operate in Makati, Taguig, Mandaluyong and Pasig City, serving travel needs across key business districts, commercial centres, hotels and transport hubs in Metro Manila. Customers can book through the Green GSM app, hail an available vehicle on the street, or contact the customer service hotline at 02-7777-8080.

VinFast Limo Green offers a spacious seven-seat configuration and a modern exterior design.
VinFast Limo Green offers a spacious seven-seat configuration and a modern exterior design.

Ms. Le Thi Thu Trang, CEO of Green GSM Philippines, said: “Premium Taxi is not simply about providing more space. It is designed for journeys where comfort and attention to detail matter, from family trips and airport transfers to business engagements and special occasions. By combining the spacious interior of the VinFast Limo Green with professional drivers and Green GSM’s five-star service standards, we aim to give Filipino customers a high-end mobility option that is thoughtfully-delivered from the moment they book until the journey ends.”

With Premium Taxi, Green GSM expands its all-electric mobility portfolio in the Philippines to better meet customers’ diverse needs. Going forward, Green GSM will continue to enhance service quality while consistently upholding its “5 Green Promises”, with standards of professionalism, transparency and attentive customer care, thereby contributing to greener urban transportation.

Hashtag: #GreenSM

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

GREEN GSM IN THE PHILIPPINES

As of March 31, 2026, Green GSM had completed nearly five million trips and more than 32.6 million kilometres in all-electric vehicles in the Philippines. These journeys are estimated to have contributed to reducing approximately 6,263 tonnes of CO₂ emissions, equivalent to the amount absorbed by nearly 289,000 trees in one year, demonstrating the cumulative value of everyday green mobility choices.

Arabian Post Staff -Dubai France and Saudi Arabia have unveiled a €6 billion leisure development near Paris that is expected to include three theme parks, with a flagship attraction built around the Dragon Ball manga and anime universe. The project will be developed around Cergy-Pontoise, about 30 kilometres northwest of the French capital, and is expected to create about 22,000 direct jobs. Qiddiya Investment Company, the Saudi […]

Arabian Post Staff -Dubai Saudi Aramco has signed agreements with French companies carrying a potential combined value of more than $3.7 billion, expanding cooperation in drilling equipment, specialised oilfield products and industrial artificial intelligence. The agreements were announced during a Saudi-French investment roundtable in Paris on Monday, August 24, attended by Aramco president and chief executive Amin H. Nasser. They form part of a broader push by […]

Bitcoin climbed back above $79,000 on Monday, extending a powerful rebound that has restored bullish momentum after weeks of pressure across cryptocurrency markets. The world’s largest digital asset briefly traded around $79,200 before encountering resistance near the psychologically important $80,000 level. The move capped a sharp recovery from levels near $63,400 earlier in the week, representing a gain of more than 20% from the trough. Bitcoin subsequently […]

Standard Chartered has become the first bank to distribute a regulated Hong Kong dollar stablecoin, opening access to Anchorpoint Financial’s HKDAP for eligible institutional clients and partners as Hong Kong pushes tokenised money deeper into mainstream financial services.

The London-headquartered banking group said it will help qualifying customers integrate HKDAP into financial and commercial operations. Planned applications include money-market fund subscriptions, settlements with asset managers, transfers between entities within the bank’s international network and cross-border payments.

The move gives HKDAP a major banking distribution channel less than two weeks after Anchorpoint began its limited institutional rollout on August 12. The stablecoin, whose name stands for HKD At Par, is designed to maintain a one-to-one value with the Hong Kong dollar and is currently available through a controlled beta programme.

Standard Chartered is the majority shareholder in Anchorpoint, which was established with HKT and Animoca Brands. The venture received one of Hong Kong’s first stablecoin issuer licences in April, alongside HSBC, following the introduction of the territory’s Stablecoins Ordinance in August 2025.

Standard Chartered’s role as distributor is distinct from Anchorpoint’s function as issuer. Under Anchorpoint’s business-to-business-to-consumer model, authorised distributors provide access to the token after conducting customer onboarding and know-your-customer checks. That structure is intended to connect regulated tokenised money with banks, exchanges, asset managers, companies and, eventually, individual users.

Access remains restricted during the beta stage to corporates and professional investors. Anchorpoint aims to broaden availability to retail users as early as the end of 2026, subject to operational and market readiness.

HKDAP currently operates on the Ethereum mainnet. Its reserves are held under a trust arrangement for token holders, with Standard Chartered Trustee acting as trustee. The token does not pay interest and is not positioned as an investment product. Instead, it is designed as digital cash for payments, settlement and movement of funds.

Early activity remains deliberately limited. Anchorpoint disclosed circulation of HK$522,000 and transaction volume of HK$658,160 as of August 19, with reserve assets of about HK$1.62 million. Issuance over the preceding 30 days totalled HK$524,130, while HK$4,170 had been redeemed. The small amounts reflect the controlled institutional testing phase rather than a mass-market launch.

The distribution agreement nevertheless represents an important step towards commercial use. Standard Chartered plans to introduce additional HKDAP applications over the coming month, expanding beyond experiments into transactions that could demonstrate whether regulated stablecoins can reduce settlement times and connect conventional banking infrastructure with blockchain-based markets.

The bank has been accelerating its digital-asset strategy across several areas. It already provides institutional trading in deliverable spot Bitcoin and Ether, has expanded digital-asset custody services and has developed blockchain-based settlement and collateral arrangements. In July, it also launched integrated institutional access to Circle’s USDC minting and redemption infrastructure.

Standard Chartered’s scale could give HKDAP a distribution advantage. The group operates across 55 markets and reported total assets of about $993.4 billion at the end of June 2026, up from roughly $920 billion at the end of 2025. First-half operating income reached a record $11.6 billion, while pre-tax profit rose to $4.8 billion.

Hong Kong’s regulated stablecoin experiment is taking shape cautiously. The monetary authority has imposed capital, reserve-management, redemption, governance, anti-money-laundering and risk-management requirements on licensed issuers, seeking to distinguish supervised fiat-backed tokens from the less regulated stablecoins that dominate global cryptocurrency trading.

HSBC, the other initial licensed issuer, is preparing its own Hong Kong dollar stablecoin for launch during the second half of 2026. The entrance of two globally significant banks places Hong Kong among the jurisdictions attempting to develop regulated alternatives to dollar-denominated tokens such as USDT and USDC, which account for the overwhelming majority of global stablecoin activity.

HKDAP’s first commercial targets centre on areas where settlement speed can offer measurable benefits. Tokenised investment products can potentially be subscribed to and redeemed using programmable money without waiting for traditional banking hours. Cross-border corporate transactions and intragroup treasury transfers could similarly move continuously while maintaining a direct link to regulated fiat reserves.

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Bitcoin held close to $78,000 on Monday after its strongest weekly advance in more than three years, while gold climbed to a three-month high and major alternative cryptocurrencies paused after sharp gains. The largest cryptocurrency was trading around $77,000-$78,000 after gaining about 23% over the week ended August 23. Bitcoin briefly rose above $79,000 during the surge, its highest level in roughly three months, before profit-taking and […]

BEIJING, CHINA– Media OutReach Newswire – 24 August 2026 – The 2nd World Humanoid Robot Games opened yesterday at Beijing’s National Speed Skating Oval, also known as the “Ice Ribbon.” As another real-world validation of 5G Capital in robotics and embodied AI, China Unicom Beijing and Huawei have built an integrated digital foundation powered by a 5G-A GigaUplink network, supporting intelligent event operations, robot competition, and spectator experiences. The deployment also lays a connectivity foundation for humanoid robots to move beyond the arena and into everyday life. Across Beijing, 5G Capital’s region-wide GigaUplink network is providing ubiquitous, secure, and reliable connectivity for a growing range of cultural tourism, embodied AI, and Mobile AI applications and events.

China Unicom Beijing and Huawei Power the 2nd World Humanoid Robot Games with 5G-A GigaUplink
China Unicom Beijing and Huawei Power the 2nd World Humanoid Robot Games with 5G-A GigaUplink

This year’s Games feature major upgrades in both scale and competition design. A total of 1,301 competitions across 51 events will see 2,056 humanoid robots from 666 teams worldwide take part. The number of events has nearly doubled from 26 in the inaugural Games to 51 this year, with new high-intensity head-to-head events such as table tennis and kickboxing. Scenario-based competitions have also expanded into real-world settings including industrial production, hotels, homes, and logistics, while dance events place greater emphasis on synchronized movement across multiple robots. More autonomous competition formats and significantly higher task complexity are placing stringent demands on networks for high-capacity uplink, millisecond-level responsiveness, and high reliability, supporting real-time robot telemetry, precise control signaling, and multi-robot coordination.

To meet these requirements, China Unicom Beijing and Huawei deployed a dedicated 100 MHz network, complemented by a 300 MHz LampSite ultra-wideband indoor network, to support real-time robot telemetry and precise signaling exchange. A dedicated 5QI 7 slice combined with carrier isolation keeps end-to-end latency for humanoid robots within 30 milliseconds, supporting millisecond-level decision-making and response while helping ensure the precision of multi-robot coordination, obstacle avoidance, and fine-motion control.

By further integrating the dedicated network with BeiDou RTK (Real-Time Kinematic) positioning, the solution delivers decimeter- to sub-decimeter-level positioning accuracy, supporting autonomous navigation, agile obstacle avoidance, and precision racing in complex environments. On-site tests recorded a peak uplink speed of 1 Gbps, with average latency below 30 milliseconds.

While safeguarding mission-critical connectivity for the robots, China Unicom has also made the network experience of on-site spectators a priority. To address the high-density, heavy-traffic demands of large crowds, network resources and service assurance policies are dynamically adjusted according to different phases and areas of the event, including admission, waiting, competition, and departure. Core services such as instant messaging, ticket inquiries, QR-code admission, and mobile payments are prioritized for stable access, while the network also accommodates data-intensive services such as photo uploads, short-video sharing, and live streaming. This allows spectators to stay connected, interact seamlessly, and share highlights in real time even during peak traffic periods.

On the operations side, China Unicom has also developed China’s first embodied AI robot management platform designed for event scenarios. Through a unique network ID assigned to each robot, event staff can monitor its location within the venue, competition status, and operational metrics in real time, creating a closed-loop operations and management system.

China Unicom and Huawei Together Advancing the 5G Capital initiative
China Unicom and Huawei Together Advancing the 5G Capital initiative

Yang Lifan, Deputy General Manager of China Unicom Beijing, said: “This network deployment is not only a real-world test of China Unicom’s network capabilities; it will also help us accumulate valuable network assurance experience for the large-scale deployment of embodied AI. China Unicom will continue to build on the experience gained through the 5G Capital initiative and turn technological innovation into tangible and replicable network capabilities for the Mobile AI era. In doing so, we aim to support industrial innovation and help bring Chinese solutions to the world with China Unicom’s expertise.”

David Li, President of Huawei’s Wireless TDD Product Line, said: “The 2nd World Humanoid Robot Games have provided a compelling real-world validation of the 5G-A 100 MHz GigaUplink network based on 3.5 GHz 2CC + 2.1 GHz SUL for embodied AI scenarios. Looking ahead, Huawei will continue to work with China Unicom Beijing to strengthen uplink capabilities and advance spectrum coordination, building multidimensional network capabilities with tiered and differentiated service assurance for multimodal device-to-cloud transmission. This will enable real-time interaction and precise control across a wide range of embodied AI scenarios.

“Networks are about more than speed. Low latency, high reliability, and ubiquitous coverage are equally important. Building on these capabilities, we will further advance the 5G Capital initiative, continue to expand the boundaries of network performance, and lay a solid foundation for the Mobile AI era, working with industry partners to enable an intelligent future.”

Hashtag: #Huawei #WorldHumanoidRobotGames

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

Dubai has added a new community shopping and lifestyle destination with the opening of The Grand at Nad Al Sheba Gardens, bringing grocery, retail and everyday services to the expanding residential district. The two-storey centre began its phased opening on August 19 and is anchored by the first Waitrose & Partners supermarket in Nad Al Sheba. The initial line-up also includes MMI, Heart Cottage Lane, Maple Bear […]

Gyan Pathak Jharkhand has just witnessed a multi group agitation of students, which ended on August 18 with an agreement reached between student leaders and the state government, and Devendra Nath Mahto ended his 16 days hunger strike. Jharkhand government, as per the agreement reached, notified cancellation of 22 recruitment examinations on August 19 and […]

The article Jharkhand may witness a more complicated students movement appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Arabian Post Staff -Dubai Galva Hub Metal Coating is moving towards commissioning one of the UAE’s biggest hot-dip galvanising facilities after receiving 825 tonnes of zinc at its plant within Metal Park in Khalifa Economic Zones Abu Dhabi. The zinc delivery represents a key step before the large galvanising kettle can enter commercial operation. The metal will be melted inside the facility’s main processing bath, allowing Galva […]

Navigating Market Cycles with Operational Resilience, Core Business Stabilizes and Rebounds, Marking a Strategic Turnaround and New Growth Phase

HONG KONG SAR – Media OutReach Newswire – 20 August 2026 – ZJLD Group Inc. (“ZJLD” or the “Company”, together with the Company’s subsidiaries, collectively the “Group”) (SEHK stock code: 06979.HK), a flagship enterprise in China’s baijiu industry and the first baijiu company listed on the Hong Kong Stock Exchange, is pleased to announce its interim financial results for the six months ended 30 June 2026 (“FY 2026 1H” or the “Period”)

In the first half of 2026, the broader baijiu industry operated within a demanding macroeconomic environment characterized by structural adjustments and sluggish consumer demand. In response to cyclical headwinds during the Period, the Group proactively optimized its operational strategies, strengthened healthy channel management, and accelerated digital innovation, resulting in comprehensive stabilization and an operational rebound. The year 2026 marks a pivotal strategic inflection point for ZJLD, signaling the completion of a two-year industry-driven consolidation and the onset of a new high-quality growth cycle.

The key financial and business highlights are as follows:

FY 2026 1H

(for the six months ended June 30, 2026)

(RMB‘000)

FY 2025 1H

(for the six months ended June 30, 2025)

(RMB‘000)

Changed by
Revenue 2,546,069 2,497,106 +2.0%
Gross profit 1,520,856 1,474,284 +3.2%
Gross profit margin 59.7% 59.0% +0.7percentagepoints
Profit attributable to equity holders of the Company 580,717 574,771 +1.0%
Net cash generated from/(used in) operating activities (234,035) (322,274) –27.4%
Adjusted net profit (non-IFRS measure) 626,064 613,202 +2.1%
Adjusted net profit margin (non-IFRS measure) 24.6% 24.6% —


Optimized Product Mix Drives Profitability; Multi-Brand Synergy Amplifies Resilience

  • During the Period, the Group recorded revenue of RMB 2,546.1 million, representing a 2.0% year-on-year increase. Gross profit increased by 3.2% to RMB 1,520.9 million, while Adjusted Net Profit reached RMB 626.1 million, up 2.1% year-on-year. Benefiting from an expanded revenue contribution of Sub-premium products and the Li Du brand, alongside streamlined production efficiencies, the Group’s gross margin expanded by 0.7 percentage points to 59.7%. Net cash operation cash outflow narrowed significantly by 27.4%, underscoring rigorous cash flow management and prudent risk control.
  • Zhenjiu (Flagship Brand): Generated RMB 1,342.4 million in revenue during the Period, accounting for 52.7% of total revenue. The Group exercised disciplined control over channel fulfilment ahead of the launch of the next-generation Zhen 15 to safeguard channel pricing integrity. Meanwhile, the strategic flagship product “Da Zhen” achieved strong growth and explosive nationwide expansion across 31 provinces and 280 cities, driving Zhenjiu’s gross margin up to 59.8%.
  • Li Du (Second Growth Engine): Accelerated its growth momentum, recording revenue of RMB 788.0 million, sharply up 28.9% year-on-year. Driven by the national expansion of its Sub-premium and Mid-tier product portfolio, such as Li Du Sorghum 1975 (李渡高粱 1975), Li Du Sorghum * Changyin Collection Series (李渡高粱酒 · 暢飲珍藏版), and the Li Du King Series (李渡王系列), Li Du demonstrated formidable, explosive market penetration and volume growth.
  • Xiangjiao & Kaikouxiao (Regional Powerhouse): Maintained solid market share within Hunan Province, generating RMB 282.8 million, up 2.0% year-on-year, and RMB 81.8 million, up 1.0% year-on-year, respectively in revenue, both delivering sustained market stabilization and modest growth.
  • Sub-Premium Baijiu Segment: Delivered exceptional performance, achieving revenue of RMB 1,366.1 million, up 39.1% year-on-year. The segment’s contribution to overall revenue surged from 39.3% to 53.7%, reflecting the Group’s agile realignment with evolving consumer shifts toward rational spending and banquet occasions (e.g., weddings and celebrations), successfully capturing growth opportunities in the sub-premium segment.
  • The Board of Directors does not recommend the declaration of an interim dividend for the six months ended 30 June 2026 (FY 2025 1H: nil).


Strategic Agility: Pioneering Channel Innovation & Digital Synergy as Dual-Engine

The Group’s proprietary “Premier Retailers Alliance” model and the Monthly Profit-sharing Model (“月月分利模式”) designed for the 5th Generation Zhen 15 have effectively resolved long-standing industry pain points, such as price inversion and distributor margin compression. By establishing competitive monthly margins, automating online ordering, and offering a share-linked sales incentive plan with certain distributors, the Group successfully attracted and retained high-calibre distributors with strong group-selling capabilities and direct access to end consumers. As of 30 June 2026, the Group’s distributor network expanded to 8,993 partners, an increase of 710 from the end of 2025.

Complementing this channel evolution, the Group adopted an omnichannel marketing framework combining “Community Penetration + Digital Empowerment”. Chairman Wu Xiangdong’s executive video channel (“Wu Jindong – ZJLD, 吳金東-珍酒李渡“) and regional cultural livestreams topped the “Entrepreneur Video IP 100 List” (企業家視頻IP100榜單) for seven consecutive months, averaging over one million views per broadcast. This sparked widespread co-created content with members of the Premier Retailers Alliance (萬商聯盟), creating a powerful online-to-offline traffic funnel. Simultaneously, Zhenjiu’s brand value rose to RMB 34.685 billion, a 103% gain over five years, solidifying among China’s top three sauce-aroma baijiu brands.

Forward-Looking AI Integration and Enterprise Digitization
The Group anchors its digital transformation strategy on operational capability and sustainable value creation. During the Period, in partnership with China Unicom, the Group developed an “AI + Expert Blending” framework powered by Large Language Models (LLMs). This synthesis of traditional heritage and advanced AI enables intelligent blending, elevating consistency, efficiency and craft precision. Furthermore, the Group upgraded Da Zhen‘s digital coding system to a “Six-Code” integration architecture, incorporating NFC anti-counterfeiting and ceramic jar storage metrics, as well as an RFID smart case labelling system to track and ensure precise volumetric measurement and end-to-end lifecycle traceability for every Da Zhen product. Zhenjiu was also awarded the national Data Management Capability Maturity Model (DCMM) Level 3 (Robust) accreditation, further validating its AI deployment and digital leadership.

Deepening Operational Foundations to Drive the New High-Quality Growth Cycle
Looking ahead to the second half of 2026 and beyond, ZJLD will maintain strategic poise by extending proven operational frameworks, such as the “Premier Retailers Alliance” and “Monthly Profit-sharing Model” to Zhen 30 and other core product lines. This initiative will precisely activate high-end and mid-tier markets while strengthening portfolio synergies across all price ranges. Concurrently, the Group will deepen its operation-sales decoupling (營銷分離) mechanism, rigorously monitor channel pricing, protect distributor profitability, and prioritize storage facility construction across its five major production facilities, namely Zhen Jiu Mao Tai Shuang Long (茅台鎮雙龍), Zhen Jiu Bai Yan Gou (白岩溝), Zhen Jiu Zhao Jia Gou (趙家溝), Li Du Zheng Jia Shan (鄭家山) and Xiang Jiao Jiang Bei (江北) to reinforce its long-term competitive moat.

Mr. Wu Xiangdong, Founder and Chairman of ZJLD Group, remarked, “Baijiu is a business that demands patience and reverence—time speaks through quality, and authentic fragrance endures. Over two years of industry rebalancing, our distributor partners and we have navigated genuine challenges and hardships; yet this period offered an invaluable window for reflection, consolidation, and self-reinvention. The deeper the valley, the more vital it is to stay grounded and focus on disciplined execution. Our stabilization in the first half of 2026 is the natural reward of diligent work and marks the dawn of a new growth phase. There are no shortcuts in business—only an uncompromising pursuit of quality, continuous market exploration, and adaptability in the face of change. In times of adversity, we chose to brew finer liquor, preserve channel profitability, and deliver utmost sincerity to our consumers. The launch of the ‘Premier Retailers Alliance’ and ‘Monthly Profit-sharing Model’ models ensures that every partner who trusts ZJLD enjoys security, clarity, and equitable rewards amid challenging conditions.

Engaging directly with consumers and merchants through digital broadcasts has reinvigorated my entrepreneurial passion and joy, which I felt when I first entered the baijiu industry. The consumers’ appreciation for fine baijiu remains undiminished, and their yearning for a better life remains passionate. 2026 serves as ZJLD’s springboard for a renewed journey. We remain a dedicated team of idealistic distillers, honoring nature’s harvest, grateful for the passage of time, and optimistic about the industry’s future. ZJLD will move forward with resilience, innovation, and an open heart alongside all our companions—cheers to bright moments and the journey ahead.”

Hashtag: #ZJLDGroup

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

About ZJLD Group Inc.

Zhen Jiu was established in 1975 in Zunyi, Kweichow, China’s primary production area of sauce-aroma baijiu. In 1988, it was honored with the National Quality Award at the 5th National Wine Appreciation Conference. In the same year, it was announced by the Protocol Department of the Ministry of Foreign Affairs, the Communication Department of the Ministry of Economy and Trade, and the Great Hall of the People Management Bureau to become one of the two sauce-aroma baijiu served at state banquets. It is also known as one of the “Three Representative Baijiu Brands in Kweichow”.

ZJLD Group Inc. is a leading baijiu group in China devoted to offering premium baijiu products, including sauce-aroma, mixed-aroma, and strong-aroma varieties. According to Frost & Sullivan statistics, the flagship brand Zhenjiu has maintained its position for two consecutive years (2023 and 2024) as the fourth-largest sauce-aroma baijiu brand in China and the third-largest in Guizhou Province, by revenue. The Company operates four baijiu brands in China, including two national baijiu brands, Zhen Jiu and Li Du, and two regional brands, Xiangjiao and Kaikouxiao. ZJLD prides itself on inheriting the time-honored baijiu-brewing techniques and reinvigorating them to develop iconic products. It strives to create a wide variety of aromatic and mellow baijiu products to meet consumers’ diverse preferences, seize broader market opportunities, and promote traditional Chinese baijiu culture.

HONG KONG SAR – Media OutReach Newswire – 20 August 2026 – Allianz Trade in Asia Pacific is pleased to announce Scott Munafò has been appointed China CEO with effect from 1 September 2026. He will be based in Shanghai.

Scott Munafò to lead next phase of growth in China.
Scott Munafò to lead next phase of growth in China.

Mr Munafò joined Allianz Trade in 2015 as part of the Multinationals team and has spent over a decade shaping the company’s commercial strategy across four regions. Rising through key account management roles spanning MMEA, APAC, and Northern Europe – including his appointment as Regional Account Director for Northern Europe in 2021 – he was named Group Head of Broker Management and Partnerships in 2025, where he was responsible for defining and executing Allianz Trade’s global commercial and distribution strategy and strengthening broker partnerships across multiple regions. Mr Munafò holds an MBA from POLIMI Graduate School of Management (Politecnico di Milano) and a degree in Law from Università Bocconi with a major in Public Sector and Law.

On this appointment, Rodrigo Jimenez, Regional CEO at Allianz Trade in Asia Pacific, says: “Over the past decade, Scott has built extensive experience across various regions, demonstrating a strong track record in growing commercial portfolios, building strategic partnerships, and maintaining exceptional customer retention. His international experience, commercial leadership, and deep understanding of our business make him exceptionally well positioned to lead our China operations. I am confident that, together with the local management team, Scott will successfully drive our growth ambitions and deliver continued success in this important and fast-growing market.”

Mr Munafò remarks: “Allianz Trade has been part of China’s trade story for nearly two decades – built on the strength of our team, our partners, and our customers who have trusted us through every cycle. I am honoured to be entrusted with what so many have built together. My commitment is simple: to keep listening, to keep creating lasting value and to ensure the next chapter sets a new standard.”
Hashtag: #allianztrade #tradecreditinsurance


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

About Allianz Trade

Allianz Trade is the global leader in trade credit insurance and a recognized specialist in the areas of surety, collections, structured trade credit and political risk. Our proprietary intelligence network is based on instant access to data of 289 million corporates. We give companies the confidence to trade by securing their payments. We compensate your company in the event of a bad debt, but more importantly, we help you avoid bad debt in the first place. Whenever we provide trade credit insurance or other finance solutions, our priority is predictive protection. But, when the unexpected arrives, our AA credit rating means we have the resources, backed by Allianz to provide compensation to maintain your business. Headquartered in Paris, Allianz Trade is present in over 40 countries with 5,900 employees. In 2025, our consolidated turnover was EUR4 billion and insured global business transactions represented EUR1,400 billion in exposure. For more information, please visit .

HONG KONG SAR – Media OutReach Newswire – 19 August 2026 – The annual Digital Entertainment Leadership Forum 2026 (DELF 2026), organised by Cyberport, will be held from 28 to 30 August 2026 at Cyberport. Under the theme “The Dreamatic Circus” DELF 2026 brings together creators, experts and industry leaders to explore how artificial intelligence (AI) is unleashing boundless creativity and redefining digital entertainment and content creation experiences.

Over the three-day event, more than 60 distinguished leaders and professionals from the technology, entertainment and creative sectors in Hong Kong, the Chinese Mainland and around the world will discuss how AI, immersive technologies and cutting-edge innovations are reshaping content creation and entertainment experiences. As AI continues to lower the barriers to creation, the content industry is rapidly evolving from content production toward the development of the IP economy. This year’s forum will focus on how AI empowers creators and enterprises to build globally competitive original intellectual properties (IPs), while examining how Cyberport’s AI infrastructure, innovation ecosystem and international network can help transform innovative ideas into commercialised products, brands and globally recognised IPs, further strengthening Hong Kong’s position as a leading digital entertainment and IP innovation hub in Asia.

Dr Rocky Cheng, Chief Executive Officer of Cyberport, said: “Artificial intelligence is reshaping the cultural and creative industries, opening up unprecedented opportunities for creators, businesses and society. DELF 2026 brings together technology, creativity and business to foster cross-sector collaboration, advance original content creation, support IP incubation and accelerate commercial applications. Leveraging its AI infrastructure, industry ecosystem and global partnership network, Cyberport will continue to support innovative enterprises and original IP creators in seizing the opportunities of the AI era and expanding into international markets.”

Today, Cyberport also hosted a special panel discussion titled “From AI Creation to Global IP: New Opportunities for the Entertainment Industry,” bringing together industry experts to explore emerging opportunities in content creation, IP incubation and commercialisation in the age of AI. Moderated by Ir Eric Chan, Chief Public Mission Officer of Cyberport, the discussion featured Mr Frankie Tam, Creative Director of Ultra Instinct Limited; Ms Polly Yeung, Chief Executive Officer of Gudo Inc.; and Ms Louie Cheng, Director of AI Education and OPC Entrepreneurship Incubation at FizzDragon. Panellists agreed that AI is not only significantly enhancing content creation efficiency but is also accelerating the transition of the content industry into the era of the IP economy, creating broader commercial and international development opportunities for Hong Kong’s original IPs.

Ir Eric Chan, Chief Public Mission Officer of Cyberport, said: “AI is unlocking unprecedented creative possibilities and injecting fresh momentum into Hong Kong’s cultural and creative industries. As the industry enters a new phase of transformation, our focus should go beyond encouraging the creation of original content. We must also help promising IP develop long-term value, progressing from creative ideas to practical applications, and from individual works to recognised brands. Cyberport will continue to advance its public mission by connecting technology, creativity, talent and industry resources, empowering more local creators and enterprises to harness AI and turn Hong Kong’s creativity into market-ready outcomes with international potential.”

Over the three days, the forum will feature discussions on a wide range of topics, including AI collaboration, IP ecosystem development, the cultural and creative economy, smart cities, and future living. Speakers and representatives from organisations such as the University of Southern California (USC), The Hong Kong Academy for Performing Arts, TVB Plus, GGWP, Mei Ah Entertainment, and Xi’an XR Film Industry Base will share insights on how AI is driving innovation, commercialisation and globalisation across the creative industries.

In addition, the interactive experience zone will feature four themed areas and more than 35 experiential activities, showcasing diverse digital entertainment and smart living scenarios powered by AI, immersive technologies and other advanced innovations.

The four themed zones include:

  • Arts & Culture – featuring the immersive interactive art exhibition Another World: RADIANCE, Cyberport’s original immersive cultural exhibition The Reveries of Ancient Egypt, Hong Kong’s first XR 6D experience Harbour Dreams: Hong Kong XR Adventure, and the complete VR experience Versailles: The Lost Gardens of the Sun King VR experience.
  • Digital Entertainment – showcasing innovative projects including Nikopicto’s interactive skateboard experience SkateAway Circus, TVB Music Money Monster System, and the FizzDragon AI Short Drama Creation Platform.
  • Smart Living & Business – featuring products such as Genesis One’s 3D & AI Smart Fashion Platform, allowing visitors to experience how technology is transforming everyday life.
  • Robotics & Drones – presenting consumer robotics innovations such as combat robots and AI interactive smart vehicles developed by Jin Technology, alongside the “Charting the Future: eVTOL Inaugural Test Flight,” highlighting the latest developments in interactive technology, the low-altitude economy and smart mobility.

To encourage visitors to explore the diverse digital entertainment experiences, DELF 2026 will launch a special “Play-to-Earn” campaign that combines gamification and rewards. Participants can collect stamps by completing designated tasks across the four themed zones and redeem gifts, while those who complete all challenges will have a chance to receive limited-edition merchandise from the Hong Kong original animation IP Another Worlds.

The event will also feature AI interactive workshops under the Cyberport Academy: DELF 2026 – AI Cultural & Creative Micro-Academy, where participants can learn creative skills such as concept art design and video production. In addition, the event will feature a special movie screening programme showcasing a Mars-themed AIGC sci-fi short drama from Singapore, selected works from the 3rd AI-assisted animation production support scheme, and 2nd HKUST AI Film Festival. Complemented by a live performance from popular K-pop band XODIAC and an indoor drone cirque, the programme will deliver an immersive experience that brings together artificial intelligence, digital entertainment and creative technology.

For more information about DELF 2026 and the speaker lineup, please visit: https://delf.cyberport.hk.

Please click HERE to download the high-resolution press photos.

Photo 1: Dr Rocky Cheng, Chief Executive Officer of Cyberport (centre); Ir Eric Chan, Chief Public Mission Officer of Cyberport (third from right); Mr Terence Leung, Curator of the Digital Entertainment Leadership Forum at Cyberport (second from left); Mr Frankie Tam, Creative Director of Ultra Instinct Limited (second from right); Ms Polly Yeung, Chief Executive Officer of Gudo Inc. (first from right); and Ms Louie Cheng, Director of AI Education and OPC Entrepreneurship Incubation at FizzDragon (first from left), posed for a group photo at the DELF 2026 press conference, previewing the forum to be held at Cyberport from 28 to 30 August and highlighting a series of exciting upcoming programmes and activities.
Photo 2: Dr Rocky Cheng, Chief Executive Officer of Cyberport, said that AI is reshaping the cultural and creative industries, opening up unprecedented opportunities for creators, businesses and society. Leveraging its AI infrastructure, industry ecosystem and global partnership network, Cyberport will continue to support innovative enterprises and original IP creators in seizing the opportunities of the AI era and expanding into international markets.
Photo 3: Ir Eric Chan, Chief Public Mission Officer of Cyberport (first from left), moderates the panel discussion “From AI Creation to Global IP: New Opportunities for the Entertainment Industry,” joined by Mr Frankie Tam, Creative Director of Ultra Instinct Limited (second from left); Ms Polly Yeung, CEO of Gudo Inc. (second from right); and Ms Louie Cheng, Director of AI Education and OPC Entrepreneurship Incubation at FizzDragon (first from right), discussing how AI is reshaping content creation and driving the growth of the IP economy.
Photo 4: Mr Terence Leung, Project Curator, Digital Entertainment Leadership Forum,

Cyberport, introduces the key highlights of DELF 2026 to the media.

Photo 5: Mr Terence Leung, Curator of the Digital Entertainment Leadership Forum at Cyberport (second from left); Mr Frankie Tam, Creative Director of Ultra Instinct Limited (first from right); Ms Polly Yeung, Chief Executive Officer of Gudo Inc. (first from left); and Ms Louie Cheng, Director of AI Education and OPC Entrepreneurship Incubation at FizzDragon (second from right), posed for a group photo with “Gudo” (centre), a character from Another World, at the DELF 2026 press conference.
Photo 6 – 11: Multiple booths on display at the DELF 2026 press conference, including Genesis ONE (photo 6), HTC HK Limited (photo 7), Jin Technology Limited (photo 8), Gudo Inc (photo 9), FizzDragon (photo 10) and Hong Kong Blind Union (photo 11).

Hashtag: #DELF #Cyberport

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

About Hong Kong Cyberport

Wholly owned by the Hong Kong Special Administrative Region (HKSAR) Government, Cyberport is Hong Kong’s digital tech hub and AI accelerator, with a vision to empower industry digitalisation and intelligent transformation, to promote digital economy and AI development, and to foster Hong Kong to be an international AI, innovation and technology (I&T) hub. Cyberport gathers over 2,400 companies, including 29 listed companies and 10 unicorns. One-third of onsite companies’ founders come from 28 countries and regions, while Cyberport companies have expanded to over 35 global markets.

Cyberport, with Hong Kong’s largest AI Supercomputing Centre and AI Lab as the engine, has been building the AI ecosystem with industry-leading AI companies and over 500 AI and data science start-ups. Through development of tech clusters, namely AI, data science, blockchain and cybersecurity, Cyberport empowers industries across smart city and government, banking and finance, digital entertainment, culture and tourism, healthcare, education and training, property management, construction, transportation and logistics, green environment and more, while hosting Hong Kong’s largest FinTech community. Commissioned by the HKSAR Government, Cyberport has implemented proof-of-concept and sandbox schemes, subsidisation for digital tech adoption, industry tech training and start-up incubation, to drive technology R&D, translation and commercialisation, thus propelling digital transformation and intelligent upgrade across industry and society.

Also as “State-level Scientific and Technological Enterprise Incubator” and Hong Kong’s key incubator, Cyberport supports entrepreneurs with funding and office space, extensive networks of enterprises, investors, technology corporations and professional services for business growth and expansion to Chinese Mainland and overseas markets, all-round facilitation for landing in Hong Kong, talent attraction and cultivation, ready as a launchpad to take start-ups in any stages of development to the next level.

For more information, please visit .

Malaysia’s palm oil research agency is advancing a bio-based immersion coolant for data centres as the country searches for ways to curb the heavy water and electricity demands created by its fast-growing artificial intelligence infrastructure.

The Malaysian Palm Oil Board has developed Sawit EcoTherm, a non-conductive dielectric fluid made largely from palm-derived materials that allows servers and other computing components to be immersed directly in coolant. The technology eliminates the need for conventional evaporative cooling towers and is being positioned for AI and hyperscale facilities where rising processor densities are producing substantially more heat.

Sawit EcoTherm remains at the pre-commercial stage, with pilot projects, technical validation and partnerships with data centre operators among the steps required before widespread deployment. Researchers say the fluid could reduce cooling-related energy consumption by about 30% to 50%, largely by removing server fans and transferring heat directly from electronic components.

MPOB estimates that conventional water-based cooling across Malaysia’s expanding data centre industry could eventually require as much as 876 million litres of water a day. Other projections based on currently identified developments are lower, illustrating the uncertainty surrounding future capacity and cooling configurations. Data centres planned across Selangor, Johor and Negeri Sembilan have been estimated to require more than 445 million litres daily if projected demand materialises.

The pressure is particularly acute in Johor, which has become one of Asia’s fastest-growing data centre clusters because of its proximity to Singapore, available industrial land and established power and connectivity infrastructure. Water availability and grid capacity have increasingly become constraints as developers seek to commission large AI facilities.

Malaysia’s data centre and cloud computing investment approvals reached RM144.4 billion between 2021 and the middle of 2025. Global technology and infrastructure groups including Microsoft, Amazon, Google, ByteDance, Equinix and AirTrunk have committed billions of dollars to expanding computing capacity in the country.

AirTrunk announced plans this year to invest about $3 billion in two additional hyperscale campuses in Johor, adding more than 280 megawatts of capacity. Equinix separately unveiled an investment exceeding $190 million for another Kuala Lumpur facility designed to support more than 2,200 cabinets and equipped for advanced liquid cooling.

Those developments are accelerating interest in alternatives to traditional air and water cooling. AI servers can generate several times more heat than conventional computing equipment, making direct liquid cooling and immersion systems increasingly attractive as rack power densities rise.

Sawit EcoTherm uses palm-derived ester formulations engineered to provide electrical insulation while absorbing heat from processors, memory, power supplies and graphics processing units. MPOB has developed two formulations, EcoTherm 5s and EcoTherm 8s, both with dielectric breakdown strength exceeding 75 kilovolts.

The fluids are designed for single-phase immersion systems, where coolant remains liquid while circulating through a closed loop. The 8s formulation has a minimum flash point of 200 degrees Celsius, while the 5s version has a minimum of 160 degrees. Their characteristics are intended to combine thermal performance with relatively low pumping requirements.

Palm-derived material can also offer a cost advantage. Commercial synthetic and petroleum-based immersion fluids can cost about RM50 to RM80 per kilogram, while the raw-material cost for producing the palm formulation has been estimated at roughly RM20 to RM25 per kilogram. Final commercial pricing has not been announced.

MPOB says up to 95% of the material used in Sawit EcoTherm can come from renewable bio-based sources. The formulations are biodegradable and free from PFAS, a class of persistent chemicals that has attracted growing regulatory scrutiny because of its resistance to environmental degradation.

The technology nevertheless carries broader sustainability questions because expansion of oil-palm cultivation has historically been associated with deforestation, biodiversity loss and pressure on wildlife habitats. The environmental case for palm-based coolant will therefore depend partly on traceable sourcing, lifecycle emissions and whether demand can be met without encouraging additional land conversion.

Immersion cooling itself is not new. Vegetable-derived, mineral-oil and synthetic dielectric fluids are already available, while many operators developing AI facilities favour direct-to-chip liquid cooling because it can be integrated into server architectures without fully submerging equipment. Commercial success for Sawit EcoTherm will depend on compatibility with hardware, long-term fluid stability, maintenance requirements and acceptance by server manufacturers.

Wison Engineering has secured a contract worth about $4.04 billion from ADNOC Gas to build a major natural gas processing train and associated power infrastructure at Habshan in Abu Dhabi, marking the biggest engineering, procurement and construction award in the company’s history. The core EPC contract for Phase 2 of ADNOC Gas’s Rich Gas Development project is valued at $3.9 billion. Wison will also construct a 220-kilovolt […]

Arabian Post Staff -Dubai XRG has entered Venezuela’s energy sector after securing an interest in the offshore Loran gas licence, extending Abu Dhabi National Oil Company’s international investment arm deeper into Latin America’s natural gas and liquefied natural gas market. The Abu Dhabi-based company will participate alongside BP and UCC Oil and Gas Holding in the second phase of Loran, a large offshore gas resource within Venezuela’s […]

Google Cloud has set the end of 2027 as its first major deadline for protecting customer workloads and sensitive data flows against attacks enabled by future quantum computers, marking a significant step in its wider plan to make its cloud infrastructure post-quantum ready by 2029. The timetable places so-called “store now, decrypt later” attacks at the front of the company’s security migration. Under that threat model, attackers […]

Firebird has opened a large-scale artificial intelligence computing facility in Armenia, launching an ambitious expansion that is expected to deploy more than 70,000 NVIDIA Blackwell and Rubin GPUs by the end of 2027. The facility at Hrazdan marks the operational debut of Firebird’s international AI infrastructure platform. The company plans to expand the Armenia operation to 300 megawatts of computing capacity through a three-phase programme, potentially establishing […]

DP World plans to invest about $3 billion during 2026 as the Dubai-based ports and logistics group expands capacity across the UAE, Britain, the Democratic Republic of Congo, India and Saudi Arabia while navigating disruption to Middle East trade routes. The investment programme will focus on port capacity, terminal development and logistics infrastructure. Major projects include Jebel Ali Port and EZ World in the UAE, London Gateway […]

Arabian Post Staff -Dubai Oil prices edged higher on Friday as Washington’s warning that it could maintain a naval blockade of Iran indefinitely revived fears of tighter crude supplies, countering pressure from a sharp rise in US inventories and a weaker global demand outlook. Brent crude futures were up 1 cent at $87.08 a barrel by 0247 GMT, while US West Texas Intermediate crude rose 6 cents […]

Arabian Post Staff -Dubai Specialist salvage vessels, aircraft and pollution-control equipment are being deployed off Oman as crews race to contain a widening Russian crude oil spill that has reached the country’s mainland coast and threatens one of the Arabian Sea’s most sensitive marine ecosystems. The operation centres on the Caroline Bezengi, a 247-metre oil tanker that ran aground near Qabiliyah Island after suffering damage linked to […]

Veteran insurance leader to accelerate growth, strengthen partnerships and drive customer-focused innovation

SINGAPORE – Media OutReach Newswire – 14 August 2026 – Etiqa Insurance Singapore today announced the official appointment of Claudia Soh as its Chief Executive Officer (CEO), effective 14 Aug 2026. Over the past six months, while serving as Acting Chief Executive Officer and continuing in her role as Chief Financial Officer, Claudia has led Etiqa Insurance Singapore through a period of sustained growth and transformation, strengthening the company’s foundations while driving initiatives focused on innovation, operational excellence, and customer-centricity. Her appointment reflects the Board’s confidence in her leadership and vision as the company embarks on its next phase of growth.

Etiqa Insurance Singapore Appoints Claudia Soh as Chief Executive Officer to Lead Next Chapter of Growth

With more than 20 years of experience in the financial services and insurance industry, Claudia brings extensive expertise across finance, strategic planning, risk management, mergers and acquisitions, investor relations and auditing. Her career spans both the public and private sectors, including experience at the Monetary Authority of Singapore (MAS) and senior leadership roles within the insurance industry.

During her tenure at Etiqa, Claudia has helped build on the company’s strong momentum by supporting its growth agenda while advancing new initiatives. Her collaborative leadership approach and focus on long-term value creation have contributed to strengthening Etiqa’s capabilities for the future. She has also been an advocate for transforming the finance function from a traditional support role into a strategic business partner that helps create stronger outcomes for customers, employees and stakeholders.

“We are delighted to formally appoint Claudia Soh as CEO of Etiqa Insurance Singapore,” said Kamaludin, Group Chief Executive Officer, Etiqa Insurance and Takaful. “Claudia has demonstrated strong leadership, strategic clarity, operational excellence and resilience. Her ability to drive innovation, build strong teams and adapt to changing customer needs will continue to strengthen our market position in Singapore to deliver long-tern value for our customers, employees and stakeholders”

On her appointment, Claudia said, “I am honoured to undertake the role of CEO at Etiqa Insurance Singapore at a time of significant change for our industry. As customer expectations continue to evolve, we must remain agile, innovative and focused on delivering purposeful value. By combining digital innovation, data-driven insights and strong partnerships, we will continue to enhance the customer experience and help more individuals and businesses build financial confidence and resilience.”

Deepening Partnerships and Empowering Financial Readiness

As a leading composite insurer, Etiqa Insurance Singapore will continue to deepen its distribution capabilities and ecosystem partnerships to make protection more accessible and relevant to customers. Beyond its longstanding bancassurance partnership, Etiqa will work closely with Maybank to deliver more integrated financial and protection solutions, leveraging the strength of the Maybank network and customer ecosystem. Etiqa will also continue collaborating with partners across Singapore to develop innovative solutions that support customers’ evolving protection, savings and financial wellness needs.
Hashtag: #EtiqaInsuranceSingapore

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

About Etiqa Insurance Pte. Ltd. (Etiqa Insurance Singapore)

Protecting customers since 1961, Etiqa Insurance Pte. Ltd. (EIPL) is a life and general insurance company licensed and regulated by the Monetary Authority of Singapore and governed by the Insurance Act 1966. Having protected customers in Singapore since 1961 under the name United General Insurance Co. Sdn. Bhd., the company transitioned into the Singapore branch of Etiqa Insurance Berhad in 2009. Today, EIPL in Singapore stands as the pivotal operating entity of Etiqa Insurance Group, a leading insurance and takaful provider in ASEAN.

EIPL offers a comprehensive range of life and general insurance products accessible through its diverse distribution channels, including bancassurance, agents, brokers, financial advisers, partnerships, direct and online sales via Tiq by Etiqa. Etiqa is rated ‘A’ by credit rating agency Fitch for the group’s ‘Favorable’ business profile. The company is a member of the Maybank Group.

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