On 8 November 2025, Dubai hosted Russian Design Forum 4, the only professional forum for Russian-speaking interior designers and architects in the Middle East. The event was part of Dubai Design Week, which highlighted its importance for the regional design industry and strengthened the position of the Russian-speaking community in the professional environment of the UAE. The forum, organised by Olga Melnikova, founder of the Russian-speaking design […]
BARCELONA, SPAIN – Media OutReach Newswire – 20 January 2026 – In 2025 alone, more than 10 major power outages disrupted electricity supplies worldwide, affecting over 1.2 billion people. Ensuring system stability has remained a top priority for global power companies.
Jason Li, President of Global Marketing & Solutions, Electric Power Digitalization BU, Huawei
Stability is not their only concern, however; the drive toward carbon neutrality is accelerating the adoption of renewable energy and electrification. Integrating large amounts of new energy sources and managing unpredictable new loads requires flexibility from power systems.
Jason Li, President of the Marketing & Solution Sales Dept of Huawei Electric Power Digitalization BU, explained that “In the past, we relied mostly on automation to address issues in power grids. In the future, however, power grids will transform from mere transmission systems into pivotal players in the energy transition. Digitalization and AI are shifting from optional upgrades to essential elements in core power generation. Together with automation, they form the key drivers for modernizing power grids.”
He added, “We believe that deeply integrating digital technologies into power scenarios and reshaping production and operations with telecommunications and AI will enable grids to achieve both ultimate stability and flexibility.”
Intelligent Electric Power Booth
The large-scale integration of distributed PV, energy storage, and charging piles into the grid, coupled with growing user interaction and potential load-side transactions, presents new challenges for maintaining the balance, stability, and security of distribution networks.
“The breakthrough for future power systems lies in the distribution network,” Jason noted. “And the key to addressing distribution challenges is transparency at the 400 V low-voltage level. To achieve this, Huawei and partners have jointly developed the intelligent distribution solution (IDS) for transparent low-voltage management.”
At Mobile World Congress 2026 in Barcelona, Huawei will showcase its latest AI applications in power digitalization, including innovative solutions for intelligent power distribution, substations, and power plant inspections. To explore successful digital transformation in the power sector, visit the Huawei booth at stand 1H50, Fira Gran Via Hall 1.
Hashtag: #Huawei
The issuer is solely responsible for the content of this announcement.
Pioneering Logistics Data Connectivity to Empower SME Financing
HONG KONG SAR – Media OutReach Newswire – 19 January 2026 – In response to the evolving global trade landscape and accelerating digital transformation, Hong Kong is consolidating its strength and reinforcing its position as an International Trade Centre while driving industry digitalisation. PAO Bank Limited (“PAObank”) has actively support the HKSAR Government’s initiatives to promote data-sharing infrastructure and financial technology development. PAObank adopted data from “Port Community System” (“PCS”), serving as a pilot case to explore the potential of the PCS data in replacing traditional freight documentation. PAObank has been invited to join PCS Rollout Ceremony, sharing professional insights on leveraging cargo data to promote digital trade finance.
The PCS enables interoperability of logistics data across sea, land and air transport, establishing a comprehensive and reliable logistics footprint for cargo transiting through Hong Kong. PAObank, as the first digital bank to participate in the Commercial Data Interchange initiative, has become a leader in harnessing alternative data to streamline financing process. PAObank was invited to PCS Rollout Ceremony on 16 January to share its practical experience in utilising PCS for trade finance. The real-time import/export customs declaration and cargo data provided by PCS empower banks to better understand the trade and capital flows of SMEs, thereby reducing credit costs and enhancing the efficiency of trade finance.
Mr. Ambrose Wong, Alternate Chief Executive & Chief Risk Officer of PAObank, remarked in the panel discussion, “As one of the Ping An Group’s integrated financial platforms in Hong Kong, PAObank is driven by the vision of empowering finance through technology. We are at the forefront of utilising alternative data to simplify SME financing and establishing industry benchmarks. Traditional port information is often fragmented, and banks lack access to consolidated trade data, making it difficult to assess business operations and credit risks in a timely and accurate manner, which affects financing efficiency. PCS provides unified, reliable, and comprehensive logistics data, further breaking down industry data barriers. This enables banks to access real-time data, quickly and accurately evaluate SME business conditions, and conduct more precise credit approvals to meet SMEs’ funding needs and help them seize business opportunities.”
Mr Ambrose Wong continued, “PAObank is honoured to serve as one of the pilot cases for the PCS, contributing to system optimisation and the realisation of cross-sector data sharing. PAObank will continue to support the HKSAR Government in jointly promoting the digitalisation of trade finance, deepening application scenarios, and enabling more SMEs to benefit from robust data-sharing infrastructure, contributing to strengthening Hong Kong’s position as an international financial and trade centre.”
Looking ahead, as part of Ping An Group’s integrated financial platforms in Hong Kong, PAObank will continue to strengthen its commercial data utilisation, integrating diverse data from trade, logistics and finance to unlock data potential. The bank will continue to be the trade partner, offering banking services including foreign currency deposits, cross-border remittance, and foreign currency exchange to help SMEs unlock their business potential. In addition, PAObank is actively developing innovative financial technologies to provide more diversified services for SMEs and individual customers, working together to promote the sustainable and healthy development of Hong Kong’s economy. Hashtag: #PAObank #PCS #TradeFinancing
The issuer is solely responsible for the content of this announcement.
PAO Bank Limited
PAO Bank Limited (“PAObank”), a wholly-owned subsidiary of Lufax Holding Ltd (“Lufax”) (SEHK: 6623; NYSE: LU) and a member of Ping An Insurance (Group) Company of China, Ltd. (“Ping An”) (SEHK: 2318; SSE: 601318), is committed to fostering financial inclusion and establishing a digital banking ecosystem by leveraging its extensive experience in SME banking services and its leading financial technology advantages. PAObank was granted a banking licence by the Hong Kong Monetary Authority in May 2019 to offer banking services via virtual channels. PAObank is expanding diverse business segments including retail banking and SME banking, serving customers in Hong Kong and the Greater Bay Area, establishing itself as one of the Ping An Group’s comprehensive financial platforms in Hong Kong.
Arabian Post Staff -Dubai Sharjah’s cultural publishing push is being highlighted at one of the Arab world’s most prominent literary gatherings, with more than 1,000 publications showcased by the Sharjah Institute for Heritage at the 57th edition of the Cairo International Book Fair, opening on January 21 and running until February 3, 2026. Sharjah Institute for Heritage is presenting a wide-ranging catalogue that reflects decades of research […]
Dubai has opened its first Ramadan-themed market of 2026 with the launch of Ramadan Souq in Deira, positioning the initiative as both a cultural showcase and a seasonal retail platform ahead of the fasting month expected to begin on February 19, based on astronomical calculations. The market, located at the Grand Souq in Deira, began welcoming visitors this week and will run until February 15, operating daily […]
Greenlogue/AP Abu Dhabi’s flagship Al Dhafra Solar Photovoltaic Independent Power Plant has secured long-term refinancing through a major green bond issuance worth US$870.75 million, underscoring the emirate’s ambition to anchor clean energy financing in global capital markets. The transaction was announced during Abu Dhabi Sustainability Week 2026 by a consortium led by Abu Dhabi National Energy Company PJSC, working alongside Emirates Water and Electricity Company, Abu Dhabi […]
Starkey Middle East and Africa used the Emirates Otolaryngology Conference and Exhibition in Dubai to spotlight Omega AI, a hearing-aid platform positioned around clearer user feedback, discreet design and expanded connectivity, as manufacturers compete to make assistive devices easier to live with day to day. The showcase underlined how incremental hardware cues and software intelligence are becoming central to adoption, not just clinical performance. At the stand […]
Accelerated overseas strategy as an integral part of brand transformation
HONG KONG/BANGKOK – EQS Newswire – 16 January 2026 – Chow Tai Fook Jewellery Group Limited (“Chow Tai Fook Jewellery Group”, the “Group” or the “Company”; SEHK stock code: 1929), the global Chinese luxury group built on a nearly-century old legacy of trust and innovation, announces the opening of a key strategic store in Bangkok, Thailand, within the iconic Siam Paragon, as well as the appointment of acclaimed Chinese actor Yang Yang as its Global Brand Ambassador. These initiatives mark significant milestones in the Group’s brand transformation journey as it redefines global luxury through Chinese craftmanship and artistry.
The Group, which operates over 5,000 stores globally with a market capitalisation of approximately HK$122 billion, equivalent to US$16 billion, (as of 31 December 2025), is strengthening its presence in luxury destinations across international markets as part of its brand transformation. The new store at a Southeast Asian luxury retail landmark showcases Chow Tai Fook Jewellery’s blend of modern sophistication with the richness imbued by cultural heritage.
In addition, the appointment of Global Brand Ambassador Yang Yang reflects the commitment to engaging new audiences and deepening emotional resonance with overseas consumers. Yang Yang, a renowned globally recognised Chinese actor, is set to strengthen the brand’s presence in key international markets, positioning it as a modern, elegant embodiment of Chinese luxury on the world stage.
A New Expression of Heritage and Modern Luxury
The new Siam Paragon store features the brand’s iconic “Chow Tai Fook Timeless Red” throughout. The space celebrates the beauty of Chinese craftsmanship and artistry with the use of refined materials and thoughtful lighting that create a warm, gallery-like ambience. To build connections and emotional resonance, the Group is introducing a selection of Thai-exclusive pieces that honour local culture.
“As we advance our dynamic brand transformation journey, curating exceptional retail experiences in international markets is pivotal in Chow Tai Fook Jewellery’s overseas expansion strategy. This expansion is part of our ambition to establish Chow Tai Fook Jewellery as a leading force in global luxury, while reinforcing our legacy of innovation, excellence, and cultural resonance,” said Ms Sonia Cheng, Vice-chairman of Chow Tai Fook Jewellery Group.
She further remarked: “Another key aspect of our strategic vision is the appointment of Yang Yang as our Global Brand Ambassador. Through this alliance, we will cultivate a refined and contemporary identity for a Chinese luxury brand on the world stage.”
Accelerating Global Reach to Redefine Luxury Across Borders
Chow Tai Fook Jewellery’s international business expansion is guided by a two-pronged approach: revitalising key existing markets and expanding into high-potential new territories for sustainable growth. With around 60 points of sales across international markets in 1HFY2026 (April to September 2025), the Group’s retail sales in Other Markets segment (including China duty-free) grew nearly 17% year-on-year.
The opening of the Siam Paragon store follows the debut of the Group’s first newly designed store in Southeast Asia, which opened at Singapore Changi Airport in November 2025. Building on this momentum, Chow Tai Fook Jewellery is set to further expand its international retail network, with plans to open its first store in Australia and an additional store in Canada by the end of June 2026. The Group also intends to expand into the Middle East market within two years.
Redefining Global Luxury Through Chinese Artistry
In celebration of its 95th anniversary, the Group embarked on a brand transformation journey in 2024 to redefine global luxury. By blending heritage with contemporary iconic designs, the Group showcases the beauty of China to the world through exquisite jewellery that honours tradition while embracing modern elegance.
Chow Tai Fook Jewellery is the first Chinese jewellery brand to appoint a Creative Director with international perspectives and exposure, underscoring its commitment to innovative design and narrative-driven branding. Led by Creative Director of High Jewellery, Nicholas Lieou, the Group introduced its signature collections, including the CTF Rouge and CTF Joie Collections.
Hashtag: #ChowTaiFook
The issuer is solely responsible for the content of this announcement.
SINGAPORE – Media OutReach Newswire – 15 January 2026 – Franchising & Licensing Asia (FLAsia), Asia’s leading franchising and licensing trade event, will return from 13–15 August 2026 at Sands Expo and Convention Centre, Singapore.
Organised by MP Singapore, and presented by the Franchising & Licensing Association (Singapore), FLAsia 2026 marks a new chapter for the long-running industry event as it enters its 21st edition under a new organiser partnership. The appointment of MP Singapore brings expanded regional reach, deeper industry engagement and a strengthened focus on business outcomes for exhibitors and visitors across Asia.
FLAsia 2026 is expected to welcome more than 7,000 trade visitors and over 250 exhibiting brands from franchising, licensing, character IP, retail concepts and emerging business models. The event will continue to serve as a central marketplace for brand owners, franchisors, licensors, investors and entrepreneurs to connect, explore partnerships and identify expansion opportunities across regional and international markets.
Building on the momentum from previous edition, the Brand Licensing Village will return in 2026. The dedicated zone will spotlight locally developed intellectual property that has already been successfully commercialised, offering visitors a focused platform to discover market-ready IP, connect with licensing experts and explore collaboration opportunities across categories. The Licensing Village reinforces FLAsia’s role in supporting IP growth and brand extension within the region’s licensing ecosystem.
On the franchising front, the Chinese Franchise Conference will make a return, reflecting continued interest from Chinese brands and investors seeking expansion opportunities across Southeast Asia and beyond. Curated in collaboration with key industry stakeholders, the conference will provide targeted insights, market perspectives and networking opportunities for Chinese franchise brands and regional partners.
FLAsia 2026 will also feature international pavilions and brand participation from key markets, with brands from Korea, Thailand and other regional economies expected to be present, further strengthening the show’s international profile. Alongside the exhibition showcase, the event will include curated business sessions, industry sharing, talent and career touchpoints, and dedicated zones highlighting innovation, IP development and brand growth, reinforcing FLAsia’s position as a leading gateway for franchising and licensing opportunities in Asia.
“Partnering with MP Singapore marks a dynamic leap forward for FLAsia. Together, we’re amplifying the event’s influence and reach, ensuring the franchising and licensing community thrives as the industry surges across Asia.” Mr Gan Shee Wen, President, Franchising & Licensing Association (Singapore).
“FLAsia is a well-established platform with strong industry trust, and we are pleased to be organising the event for the first time. By leveraging on MP’s global network, we will connect brands, partners and stakeholders in a way that will foster an environment that encourages collaboration, supports quality participation and drives tangible outcomes for both exhibitors and visitors. We are excited to grow FLAsia alongside the industry in the years ahead.” Jason Ng, Managing Director of MP Group.
Franchising & Licensing Asia has, over the years, established itself as a key business platform for brands seeking growth, market entry and partnership opportunities in Asia. With Singapore as its springboard, the event continues to attract regional and international participation, reinforcing its role as a gateway to Asian markets.
The issuer is solely responsible for the content of this announcement.
About FLAsia
Franchising & Licensing Asia (FLAsia) – 21st Edition – Asia’s leading marketplace for franchising and licensing, FLAsia brings together reputable brand owners, business leaders, investors, and entrepreneurs to create a dynamic platform for accelerating business growth, expanding professional networks, and increasing brand visibility across the vibrant Asian market. FLAsia provides the chance for exhibitors to showcase unique business concepts, engage in face-to-face meetings with high quality visitors and create meaningful business connections. Visitors get to connect directly with brand owners, franchisors, licensors, industry experts, and like-minded leaders, attend insightful conferences, and access high quality business opportunities.
About Franchising and Licensing Association (Singapore)
Franchising and Licensing Association (FLA Singapore), one of the founding members of the World Franchise Council, was established in 1993 with the mission to nurture and develop Singapore’s franchising industry. An essential component of Singapore’s knowledge-based economy, FLA Singapore promotes and facilitates the use of franchising, licensing and branding as a growth strategy for Singapore enterprises, thus contributing to turning Singapore into a regional franchise and license hub.
Through its partnership with Singapore government agencies and international franchise and license bodies, FLA Singapore also assists its members in their international development programmes. With an active growing membership of close to 150 companies, representing more than 250 strong brands, FLA (Singapore) is led and managed by a dedicated team of advisors, committee members and a full-time secretariat with the goal of supporting Singapore companies to expand internationally.
About MP Singapore
The MP Singapore (MP) is a global full-service agency that specialises in connecting and building eco-systems, industry engagement, events management and marketing. Established since 1987, MP embodies more than a quarter century of event building, marketing and management experience in both Eastern and Western cultures, practices, and business philosophies. We bring world-class talent, industry expertise, and incredible enthusiasm into the design and management of extraordinary online-to-offline experiences for your organisation.
MP is part of Pico Group, a global group of agencies specialising in engaging people, creating experiences and activating brands for businesses, institutions and governments. As part of the Pico group, MP has unlimited access to a wide network of industry contacts and resources. Pico Far East Holdings has been listed on the Hong Kong Stock Exchange since 1992.
CASABLANCA, MOROCCO – EQS Newswire – 14 January 2026 – ORUN, a subsidiary of African Currency Network (https://ORUN.Africa), announces the launch of the first edition of Heirs of Greatness Day, a foundational initiative that brought together key players from the cultural and creative industries (CCI) in Casablanca.
Conceived as a structuring activation,Heirs of Greatness Day is part of the deployment of a strategic platform combining vision, method, and action. The initiative aims to position CCIs as levers for sustainable development, cultural sovereignty, and African soft power.
Held in a continental context marked by the Africa Cup of Nations and heightened international attention on the continent, the event affirms Casablanca as a symbolic crossroads where creation, transmission, and global projection converge.
At the heart of this activation is The Sovereign Code, the foundational methodology developed by ORUN, structured around three complementary pillars: Memory, Structure, and Transmission. Serving as a true reference framework, The Sovereign Code informs all ORUN programs and seeks to transform African cultural heritage into sustainable value-creation systems that are measurable and enduring.
Heirs of Greatness Day gives concrete expression to this methodology by highlighting the seven Houses of Art: Weaving, Foundry, Crochet, Tannery, Dyeing, Ceramics, and Tailoring. Designed as spaces for transmission, experimentation, and structuring, these Houses bring together master artisans, designers, and partners around a shared ambition: to create a dialogue between ancestral know-how and contemporary standards of creativity, quality, and responsibility.
On this occasion, Roméo Moukagny (Gabon, Senegal), Kader Diaby (Ivory Coast), Anil Padia (Kenya), Jennifer Mulli (Kenya), Henri Philippe Maidou (Central African Republic), Sonia Ahmimou (Morocco, France), and Lucette Holland (Senegal, France) presented works and approaches embodying a rigorous vision of African creation, deeply rooted in local territories while fully oriented toward the international stage.
The day’s program was designed as an immersive and narrative experience, blending institutional sequences, artistic installations, editorial exchanges, and symbolic moments. The evening featured the presence of Her Majesty Queen Temitope Morenike Enitan-Ogunwusi, Queen of the Yoruba People in Nigeria; Olivia Yacé, Miss Ivory Coast, Miss World Africa 2022, 2nd Runner-up Miss World 2022 and Miss Universe nominee; as well as singer Singuila, all coming together to celebrate greatness and exemplify the dialogue between cultural heritage, contemporary creation, and international influence..
The Sovereign Code – Build to outlast time
This cultural showcase reflects ORUN’s commitment to anchoring Heirs of Greatness Dayin a continuity that goes beyond a single event. It was also the occasion for ORUN to receive ISO 20121 certification, attesting to its commitment to responsible and sustainable event management aligned with international standards.
This sustainability policy aligns with ORUN’s mission, The Sovereign Code (Memory, Structure, Transmission), and the core values guiding its action: Transmission, Responsibility, Inclusion and Equity, Excellence and Rigor, Local Anchoring and Lasting Impact, Integrity and Transparency. These principles structure all of ORUN’s commitments and its relationships with partners and stakeholders.
The initiative also benefited from significant diplomatic and institutional support, highlighting the growing recognition of cultural and creative industries as strategic sectors in Africa’s development trajectories. The presence of personalities from cultural, institutional, and international spheres reinforces the symbolic reach and credibility of this first edition.
Finally, Heirs of Greatness Day is part of an ambitious trajectory led by ORUN toward 2025-2030: structuring cultural sectors, building the capacities of designers and artisans, creating skilled employment, developing local value chains, and promoting African talent on the global stage.
This first edition thus marks the starting point of a movement set to establish a lasting presence in the continent’s cultural and economic ecosystem.
Distributed by APO Group on behalf of ORUN, part of African Currency Network (ACN).
Image (8): https://apo-opa.co/4b4KZIB Caption: Olivia Yacé, Miss Cote d’Ivoire & Habyba Thiero, Founder CEO of Orun Image (9): https://apo-opa.co/3LAtpBB Caption: Olivia Yacé, Miss Cote d’Ivoire – Her Regal Majesty Olori Temitope Enitan-Ogunwusi, the Queen (Olori) of the Yoruba kingdom of Ife in Nigeria – SINGUILA, Singer
Image (10): https://apo-opa.co/4qtR5Hm Caption: Massamba, the renowned Rwandan singer, accompanied by his group Hoba Massamba
Image (11): https://apo-opa.co/4pC7nfS Caption: Her Regal Majesty Olori Temitope Enitan-Ogunwusi, the Queen (Olori) of the Yoruba kingdom of Ife in Nigeria & Habyba Thiero, Founder of Orun (1)
Image (12): https://apo-opa.co/4jZ2PiF Caption: Her Regal Majesty Olori Temitope Enitan-Ogunwusi, the Queen (Olori) of the Yoruba kingdom of Ife in Nigeria & Habyba Thiero, Founder of Orun(2)
Image (13): https://apo-opa.co/4qlGjCP Caption: Her Regal Majesty Olori Temitope Enitan-Ogunwusi, the Queen (Olori) of the Yoruba kingdom of Ife in Nigeria & Habyba Thiero, Founder of Orun (3)
The issuer is solely responsible for the content of this announcement.
About ORUN:
Backed by African Currency Network (ACN) and a member of the Kigali International Financial Centre, ORUN is a Pan-African organization dedicated to structuring cultural and creative industries (CCI) as levers for sustainable development, cultural sovereignty, and soft power for the African continent.
As a true strategic tool serving African economies, ORUN is engaged in transforming territories by showcasing the continent’s talent and know-how. At the crossroads of creation, design, craftsmanship, and transmission, ORUN converts African professions, stories, and talents into sustainable cultural, economic, and symbolic assets capable of generating local value while engaging with strategic partners and international platforms.
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 14 January 2026 – Running shoes brand Xtep has announced that it will form a joint venture with Bonia, a distributor with over 50 years of market expertise in Malaysia, to jointly develop the Malaysian market. Analysts indicate that this move will accelerate Xtep’s drive to become the leading running brand in Southeast Asia. Notably, this new strategic direction also involves an adjustment to Xtep’s previous business cooperation model in Malaysia. In line with Xtep Group’s overall strategic shift, the company’s business model in Malaysia will be upgraded from a single exclusive distribution arrangement to a muti-channel setup. The former exclusive distributor, VGO, will transition to a “non-exclusive distributor” and remain a key partner for Xtep in deepening its local market presence. Before Xtep’s partnership with Bonia, VGO served as Xtep’s exclusive partner in Malaysia. As the initial partner facilitating Xtep’s entry into the Malaysian market, VGO laid a solid foundation for the brand’s successful entry. Xtep will continue its collaboration with VGO to advance the Xtep brand’s development through channels where VGO holds particular strength. Meanwhile, Bonia will focus on maximizing Xtep’s brand visibility in Malaysia’s core commercial districts and running brand hubs.
Xtep Expands Overseas: Deep Restructuring of Malaysian Channels Marks Entry into Intensive Global Strategy Phase
Chinese media reports highlight Malaysia as Xtep’s springboard for expansion into Southeast Asia, emphasizing that this business model transformation is crucial for implementing the “Chinese Root, World-Class Running Shoes” strategy proposed in 2022. Bonia’s sales network spans Malaysia, Singapore, Indonesia, Thailand, and other Southeast Asian markets. The company maintains strong, stable relationships with major shopping centers in these countries, possesses deep insights into local consumer needs, and has solid cross-border retail operation capabilities.
The first store under Xtep’s partnership with Bonia opened in Mid Valley Megamall, Kuala Lumpur. According to Xtep, this3,262-square-foot professional running flagship store displays performance running products by function and features services such as a trial running zone and foot shape and gait analysis, allowing runners to experience world-class running technology. This store also showcases stories of local runners and photos from local running events to enhance runners’ sense of belonging.
Running culture in Malaysia is maturing. Data from the World Bank and Euromonitor International shows that Malaysia has the largest sportswear and footwear market in Southeast Asia. The Malaysian Sports Culture Index 2023 survey revealed that 63% of respondents cited jogging as their favorite sport. In terms of road racing popularity, the 2024 Kuala Lumpur Standard Chartered Marathon attracted over 40,000 participants.
Xtep entered the Malaysian market in 2024 and has consistently employed an operational strategy of “Professional-to-mass influence” coupled with a cultural strategy of “adapting to local conditions”. The brand has connected with local consumers through events and running communities. During its partnership with VGO, Xtep organized several large-scale running events in Malaysia, including the “10KM Time Challenge” held in Penang in August 2024, which attracted top athletes from Indonesia, Singapore, Uganda and Kenya. With Malaysia emerging as a strategic hub for international growth, Xtep envisions the country as both a blueprint for overseas expansion and a dynamic showcase of its running heritage.
Hashtag: #Xtep
The issuer is solely responsible for the content of this announcement.
Colombo, Sri Lanka – Media OutReach Newswire – 12 January 2026 – From January 7 to 9, Gem Sri Lanka 2026 was successfully held at the Shangri-La Hotel in the heart of Colombo, the capital of Sri Lanka. Her Excellency Dr. Harini Amarasuriya, Prime Minister of Sri Lanka, attended the official opening ceremony as the distinguished guest. From its beginnings as a specialized industry exhibition, GEM SRILANKA has grown into a landmark international event.
Gem Sri Lanka 2026 Concludes Successfully: Platinum Sponsor GUILD Propels Industry Growth
GEM SRILANKA is organized by the Ceylon Gem and Jewellery Traders Association (CGJTA).It has over 2,000 members covering key gem-producing regions in Sri Lanka, including Beruwala, Ratnapura, and Galle, providing a professional platform for gemstone industry professionals worldwide to network, collaborate, and explore the world of gemstones in depth.
The exhibition set new records in both scale and attendance
This edition of the exhibition featured a total of 150 booths, attracting a large number of local and international buyers. Mr. Sunil Handunnetti, Minister of Industry and Enterprise Development of Sri Lanka; Rizwan Naeem, Vice Chairman of CGJTA,Mr. Andrew Lucas, President of GUILD Gemology Education and active field gemologist, Ms Ruby Liu, President of GUILD Gem Laboratories, and other distinguished guests attended the event.
At the Gem Sri Lanka 2026 gemstone exhibition, exhibitors comprehensively showcased their professional expertise across all stages of the gemstone industry value chain. Covering key areas such as mining, cutting, polishing, and heat treatment, the exhibition was guided by the core values of integrity and transparency, ensuring consistently high professional standards throughout. At the same time, this edition presented an immersive experience showcasing the long and diverse history of Sri Lanka’s gemstone industry, with detailed introductions to the country’s renowned sapphires and star sapphires. A dedicated premium exhibition zone was also curated to highlight exceptional sapphires and high-end colored gemstone collections.
According to data from GUILD Gem Laboratories, the number of gemstone samples submitted during the exhibition reached a new record high, directly reflecting the strong activity of the Sri Lanka trading market and further indicating a recovery trend in the global gemstone market at the beginning of the year.”The colored gemstone market in 2025 continues to evolve in terms of supply chains and color preferences. Although the market faced numerous supply-side challenges in 2024, against the backdrop of current conditions in the diamond market and rising gold prices, colored gemstones still demonstrate strong potential to gain increased market share.”Andrew Lucas noted in the opening of the GUILD 2025 Colored Gemstone Market Report.
Sri Lanka — a world-renowned gemstone trading hub
Sri Lanka has a thriving and highly valuable trade in precious and semi-precious gemstones, earning international recognition for its high-quality gemstones as well as its exceptional cutting and finishing craftsmanship. The gemstones produced in Sri Lanka consistently meet—and often exceed—the highest industry standards.
The country has long occupied a pivotal position in the global gemstone industry, serving as an integrated global hub encompassing mining, cutting, treatment, and trade. Buyers from major markets such as Japan, India, and China continue to travel to Sri Lanka, where they can observe the entire colored gemstone supply chain. Supported by a deep-rooted gemstone culture, extensive expertise, and an innovative mindset, Sri Lanka has developed a keen understanding of global market dynamics.
In recent years, by combining rough gemstone sourcing from Africa, Madagascar, and Southeast Asia with its renowned local cutting craftsmanship, Sri Lanka has further strengthened its position in the global gemstone industry.
GUILD Made a Dual-Booth Appearance at Gem Sri Lanka
As an internationally recognized gemstone testing authority, GUILD has long been committed to the study of field gemology, collecting A-type reference samples from major mining regions around the world to provide global industry professionals with accurate, authoritative, and efficient testing services. Since the inception of the exhibition, GUILD has served as a Platinum Sponsor of Gem Sri Lanka for three consecutive editions. At this year’s event, GUILD made its first-ever dual-booth appearance, featuring both GUILD Gem Laboratories and GUILD Gemology Education.
At the GUILD Gem Laboratories booth, a team of senior gemologists from GUILD Beruwala offered 24–48 hour rapid testing services to exhibitors and buyers, covering gemstone identification, treatment detection, and related services, providing reliable support for global gemstone trading and procurement. During the exhibition, the 2025 GUILD Colored Gemstone Market Report was also launched in limited quantities, serving as an important reference for industry trends and market direction.
Making its debut, the GUILD Gemology Education booth focused on the knowledge needs of professionals from both domestic and international markets, comprehensively presenting GUILD’s education and training programs as well as its overseas study tours. The booth showcased the English editions of Journey of Gems, professional color charts, and the combined volume of Microscopic Wonders: A Gemstone Inclusion Atlas, all of which were warmly received by industry professionals from around the world.
Focusing on a global perspective, driving the advancement of industry development
GUILD will continue to deepen its presence in the international gemstone market, leveraging its professional expertise to support the transparency and standardization of the global gemstone industry. Working together with industry peers, GUILD aims to explore new possibilities in source-origin trade and looks forward to even more highlights at the next edition of Gem Sri Lanka.
The issuer is solely responsible for the content of this announcement.
Photon HQ has released an open-source iMessage Kit that allows developers to automate Apple’s messaging system on macOS, a move that broadens access to a platform long guarded by Apple’s tightly controlled ecosystem. The toolkit enables programmatic interaction with iMessage through local databases and system scripting, opening the door to AI-driven assistants, workflow automation and experimental messaging tools that previously sat beyond the reach of independent developers. […]
Arabian Post Staff -Dubai Nintendo has opened preorders for a new Light Purple and Light Green Joy-Con 2 controller set priced at $100, expanding the accessory line-up for the forthcoming Switch 2 ahead of a February 12 release. The controllers are listed across major retailers including Amazon, Best Buy, Target and GameStop, signalling a coordinated retail push as Nintendo prepares the next phase of its hardware cycle. […]
Avowed, the fantasy role-playing game developed by Obsidian Entertainment, is set to arrive on PlayStation 5 on February 17, 2026, extending the title’s reach beyond its original Xbox Series X/S and PC launch. The move underscores Microsoft’s evolving approach to platform exclusivity, with one of its high-profile studio releases heading to Sony’s console less than a year after debut. The announcement came during the New Game+ Showcase, […]
Arabian Post Staff -Dubai Lenovo has lifted the curtain on a self-charging keyboard and mouse concept that draws power entirely from indoor light, a move that signals how peripheral design is being rethought as offices push for lower energy use and reduced electronic waste. Unveiled at CES 2026, the concept pair dispenses with disposable batteries and charging cables, relying instead on ambient illumination common to workplaces and […]
Google is developing a “try before you buy” option for paid games on the Play Store, a shift that would allow users to sample full versions before committing to a purchase. The feature, surfaced through analysis of unreleased Play Store code, points to time-limited trials that preserve progress, giving players a realistic sense of gameplay, performance and value before payment. Details embedded in the code indicate that […]
Porsche Carrera Cup Middle East will stage its opening rounds of the 2026 season at Dubai Autodrome on 24 and 25 January, bringing one of the region’s most competitive one-make racing championships back to the United Arab Emirates after an interval away from the circuit. The event will be hosted by Porsche Centre Dubai and Northern Emirates, part of Al Nabooda Automobiles, and is expected to draw […]
Record-breaking Hong Kong Tech Pavilion showcases three award-winning innovative technologies, highlighting the city’s leading role as an International I&T Hub
HONG KONG SAR – Media OutReach Newswire – 8 January 2026 – Hong Kong Science and Technology Parks Corporation (HKSTP) and Hong Kong Trade Development Council (HKTDC), supported by the Hong Kong Electronic Industries Association (HKEIA), led the largest ever delegation of 61 Hong Kong tech companies to the annual Consumer Electronics Show (CES) in Las Vegas from January 6-9. In just the first two days, the Hong Kong Tech Pavilion drew visits from dozens of international brands, industry leaders and investors to explore the latest innovations, and potential collaboration opportunities. The participation enables local tech firms to access markets overseas, and by showcasing their strengths in R&D, underscores the city’s role as a leading international innovation and technology (I&T) hub.
The largest-ever Hong Kong Tech Pavilion featured 61 tech companies at CES 2026.
The Hong Kong Tech Pavilion featured innovations spanning across areas in advanced materials & sustainable technology, AI & data, digital transformation, electronics & robotics, and life & health. Meanwhile three of the city’s rising stars were recognised at the prestigious annual CES Innovation Awards 2026, with Widemount Dynamics Tech leading the way with its Smart Firefighting Robot named as the Best of Innovation for Product in Support of Human Security for All with its. Meanwhile, Eieling and PointFit were honored under the Digital Health category, with the world’s first intelligence-driven compact fatty liver diagnostic device FattaLab® and patented ultra-thin biomarkers tracking wearable PF-Sweat Patch.
Terry Wong, CEO of HKSTP, said: “We believe in catalysing tomorrow’s world and this celebration of Hong Kong’s I&T via the global platform like CES demonstrates our city’s unique convergence of cutting-edge R&D, global talent and capital, and enablers such as HKSTP is connecting innovators with resources, markets and opportunities, propelling their success to the world stage.”
Vivian Chan, Associate Director of Business Development, Exhibitions and Digital Business of HKTDC pinpointed that, “Having participated in CES for over 40 years, HKTDC is committed to facilitating more technology-driven, cross-border business deals and investments riding on our global network with over 50 offices, reinforcing Hong Kong’s position as a regional and global innovation hub.”
The Hong Kong Tech delegation continues to leverage the growing global innovation momentum from CES, to engage in talent traction, encourage investments, and explore market opportunities to support the mission of entrepreneurs to go global, while demonstrating the pivotal role of Hong Kong in connecting the region, and contributing to the global tech landscape. Hashtag: #HKSTP #HKTDC
The issuer is solely responsible for the content of this announcement.
HKSTP
More information about HKSTP is available at www.hkstp.org.
SINGAPORE – Media OutReach Newswire – 8 January 2026 – MOONTON Games, the international video game company behind Mobile Legends: Bang Bang (MLBB), has announced a multi-year strategic partnership with 1Play, a rising brand in youth-focused cultural collectibles. As the Official Trading Card Partner of the M7 World Championship (M7), 1Play will roll out a multi-year lineup of M Series collectible cards that pays homage to the tournament’s qualified teams. Featuring M Series teams, players, key competitive moments and more, the launch aims to enrich the MLBB Esports experience by allowing fans to relive the tournament’s legacy through physical collectibles.
1Play and MOONTON Games Introduce First Official M Series Trading Card Collection in Multi-Year Strategic Partnership
Designed to bring fans closer to the competitive action, the partnership extends MLBB Esports engagement beyond viewership. Through the collectible cards, the title’s passionate fanbase will be able to connect with the M Series, its teams, and its players both during and outside of tournament periods.
According to Esports Charts, MLBB emerged as 2024’s most popular mobile esports title with over 475 million Hours Watched (HW). At the heart of the MLBB Esports circuit stands the M Series, the title’s flagship international tournament. Uniting players and fans from across the world, the M Series has become the main competitive stage for the world’s best MLBB teams and a driver of the game’s global esports ecosystem. In previous editions, the M6 and M5 reached 4.13 million and 5.06 million Peak Concurrent Viewers (PCV) respectively. The tournaments ranked ninth and sixth amongst the most-watched esports events of all time, according to Esports Charts. Backed by millions of viewers and a seven-year legacy of competitive excellence, the M Series has established itself amongst the biggest names in global sports and entertainment.
Just as trading cards have been a cornerstone of fan culture in traditional sports such as the National Basketball Association (NBA), English Premier League (EPL), and the FIFA World Cup—the MLBB Official Trading Card collection brings this longstanding tradition to MLBB Esports. It celebrates the game’s competitive excellence while giving fans a tangible way to connect with the M Series, commemorate iconic moments, and honour the players who define its legacy. Its launch also extends a global, time-honoured collectibles tradition into MLBB Esports, creating a new avenue for the community to engage with the tournament beyond the screen.
Through this partnership, MOONTON Games and 1Play will introduce the M Series’ first official trading card system, which includes:
All 22 participating teams and all players competing at the M7
A premium lineup of Player Signature Cards, Jersey & Materials Cards, and Match Moments Cards
Two flagship product lines for the M7: the Super Series and the Elite Series
Fans will be able to purchase the collections through 1Play’s official platforms and participate in offline retail experiences, pop-up events, card-trading sessions, exclusive onsite drops, and other interactive activities at future M Series editions. By integrating digital touchpoints with offline engagement, the partnership aims to strengthen the presence of MLBB Esports in global mainstream culture through an immersive collectibles experience for fans.
At the same time, as 1Play’s key strategic retail and offline experience partner across Southeast Asia and other core markets, OH!SOME will establish a long-term and stable collaboration framework with 1Play, playing a deep role in the overall planning and ongoing development of offline showcasing, retail infrastructure, and fan engagement experiences for the official M Series esports trading card collection. 1Play and OH!SOME will work closely across product presentation, spatial design, and user experience, jointly defining new standards for esports collectibles within offline consumer and cultural spaces.
With over 180 stores across Asia—including Indonesia, Singapore, Thailand, Hong Kong of China, Malaysia, Vietnam, Cambodia, and the Philippines—OH!SOME has developed into a beloved and widely recognized regional retail brand. Leveraging OH!SOME’s established regional retail network and its strategic presence in major urban consumer hubs, 1Play will collaborate with OH!SOME to advance the rollout of offline experiences. Fans will be able to purchase, showcase, and engage with official 1Play card packs and trading cards at selected OH!SOME locations, achieving an explosive market presence for M Series collectibles across core cities.
Adrian Cher, Global Head of Partnerships, MLBB Esports at MOONTON Games, said: This partnership with 1Play marks a strategic step in how we extend MLBB Esports beyond the screen and into the everyday lives of our fans. As trading cards gain renewed traction among younger audiences, this partnership allows us to connect with the next generation through an avenue that reflects their interests and self-expression. By bringing the M Series into physical collectibles, we’re not only enriching the M7 experience, but also reinforcing MLBB’s place alongside traditional sports ecosystems where memorabilia plays a central role in fan culture. The upcoming collectibles launch reflects our long-term commitment to building MLBB Esports as a global sports and entertainment IP.”
AnJie, Founder & CEO of 1Play, said: “1Play is dedicated to creating collectible items that resonate with young audiences and express cultural identity. Our partnership with MOONTON Games represents a milestone in the development of esports collectibles. We aim to build a defining collectible ecosystem for this era—one that allows every fan to record their passion, celebrate their heroes, and collect the moments that matter.”
The 1Play × M Series Official Trading Card Collection is scheduled to launch during the M7, with its first edition dedicated to the tournament. Additional experiences—including team collaborations, onsite exclusives, signing sessions, and community-driven fan events—will be rolled out to further expand the cultural reach of MLBB esports.
Google has extended its partnership with Xreal, elevating the China-founded augmented reality specialist to lead hardware collaborator for Android XR as the two companies work towards launching consumer AR glasses in 2026. The move signals a sharper push by Google to translate its advances in artificial intelligence and spatial computing into a mass-market wearable, while positioning Xreal at the centre of a growing Android-based ecosystem. The alliance […]
Tackle rising business costs and trade barriers with a unified digital platform for Free Trade Agreements as well as build stronger economic partnerships.
Bridge AI adoption gaps by co-funding shared data pools and introducing a regional “Trusted AI” mark to drive innovation and governance.
Future-proof the workforce with targeted work visas for global experts, job transformation roadmaps, and advanced leadership programmes.
SINGAPORE – Media OutReach Newswire – 7 January 2026 – KPMG in Singapore and the Singapore Institute of Directors (SID) are pleased to announce the release of a joint Budget 2026 Proposal, titled “Prospering in a New Global Landscape”.
From Left to Right: Yong Jiahao, Partner, Infrastructure, Government & Healthcare (IGH) & Industrial Manufacturing, Tax, KPMG; Ajay Kumar Sanganeria, Partner and Head of Tax, KPMG; Lee Sze Yeng, Managing Partner, KPMG; Max Loh Khum Whai, Vice-Chair, Singapore Institute of Directors; Edwin Lee, Deputy CEO, Singapore Institute of Directors
By fostering resilient economic linkages, embedding digital trust, and cultivating world-class talent and leadership with cross-domain expertise, Singapore can ensure its businesses and economy remain secure, innovative, and competitive in an uncertain global landscape.
This Proposal outlines strategies to position Singapore as a critical hub for global flows, covering three crucial areas:
A new global order: Resilience as a pivotal growth strategy
The Intelligent Age: Smart solutions for an innovative era
The recommendations in the proposal are also supported by data-driven insights from a survey recently conducted by KPMG and SID. More than 1,000 professionals, managers, executives and technicians (PMETs) and business owners were surveyed on the challenges they face and the kinds of Budget 2026 support they hoped to see. [For more information, please refer to the deck with the full survey results: https://kpmg.com/sg/en/campaigns/kpmg-singapore-budget.html ]
Empowering businesses to leverage Singapore’s trusted role as a global connector
Global commerce is rapidly transforming amid rising protectionism, shifting trade rules, evolving tax regimes, and geopolitical tensions. Singapore’s long-term prosperity in the new global order depends on its ability to lead as a trusted connector and aggregator of the flows of goods, capital, data, and talent.
Singapore must strengthen its economic linkages, build secure and interoperable digital platforms, cultivate a workforce equipped with cross-domain expertise, and equip boards with essential skills to navigate emerging risks and opportunities. Trusted and resilient economic linkages will ensure the seamless movement of goods, services, and investments, while interoperable digital platforms will play a critical facilitation role in enabling cross-verification of information, streamlining compliance, and fostering trust across borders. These efforts are especially important in helping businesses cope with shifting regulations. KPMG and SID’s survey found that 51 percent of respondents identified increased business costs as the main challenge to cross-border expansion, followed by higher tariffs (26 percent) and supply chain difficulties (25 percent). To address these challenges, 43 percent of respondents want stronger economic and trade partnerships to overcome trade barriers.
KPMG and SID recommend:
a) Developing a unified digital platform for Free Trade Agreement (FTA) management (page 7) to help businesses navigate complex procedures and unlock the full benefits of FTAs. This would be seamlessly integrated with government systems, making it more seamless and cost-effective for businesses to comply with FTA requirements. This would enable firms to leverage Singapore’s extensive FTA network to gain footholds in new markets, further enhancing Singapore’s regional and global competitiveness.
b) Increasing access to working capital to accelerate local enterprises’ strategic transformation and implementing industry-specific governance frameworks (page 7). With geopolitical shifts driving a more complex regulatory landscape, increased and dedicated funding would enable businesses to transform for the future while responding effectively to evolving governance standards. Such funding should be complemented by industry-specific governance playbooks to equip boards with essential tools to strengthen agility and resilience.
c) Enhancing Singapore’s government-backed trade platform with blockchain and AI (page 6). The global economy has seen an increase in supply chain disruptions amid geopolitical and trade uncertainties. An enhanced Government-backed trade platform would enable Singapore to further facilitate the flow of trusted payments, making it even easier for businesses to validate transactions and act on smart recommendations to elevate supply chain efficiency. Amid a more fragmented world, the enhanced platform would also reinforce Singapore’s position as a reliable hub for global commerce, by promoting increased supply chain transparency for critical industries like semiconductors, pharmaceuticals, and advanced manufacturing.
d) Introducing progressive carbon taxes to reward decarbonisation and establish performance-based pathways for large emitters (page 9). Singapore’s carbon taxes must evolve to consider unique business needs and companies’ decarbonisation plans. Progressive carbon tax rates post-2030 – based on facility emissions volume, emissions per unit of output, and sectoral abatement potential – could be accompanied by permanent conditional tax rebates for energy-intensive, trade-exposed sectors. These rebates could be based on set criteria such as verified year-on-year reductions in carbon intensity and investments in low-carbon technology. To strengthen these efforts, Singapore could also establish an ASEAN Environmental Data Exchange to facilitate the sharing of standardised and interoperable environmental data between Singapore and its regional trade partners (page 8). The exchange would improve the flows of green trade and green capital, enabling Singapore to be a regional hub for environmental data harmonisation. Organisations like the Singapore Institute of Directors could play a catalytic role by building board-level capability, aligning disclosure expectations and promoting best practices through director education, guidance frameworks and peer learning on a regional scale, helping boards to lead initiatives like progressive carbon taxation.
Fostering an ecosystem of Trusted AI in the Agentic Era
The rise of artificial intelligence (AI) is reshaping global competitiveness, with agentic AI—capable of autonomous decision-making—introducing both transformative opportunities and significant challenges. While agentic AI can drive innovation, optimise operations, and unlock new efficiencies, it also raises critical concerns around accountability, ethical deployment, and governance.
A critical enabler of AI’s potential is data sharing, yet this often proves difficult due to competition, concerns over intellectual property, and a lack of trust between organisations. Businesses—particularly smaller enterprises—also face cost constraints in accessing high-quality data, and many also lack the strategic clarity and workforce competencies to identify where AI can augment their operations.
KPMG and SID’s poll found that 54 percent of respondents cited talent and skills gaps as the top challenge for adopting AI, followed by high costs of technology adoption (52 percent) and a lack of clear AI adoption strategies (48 percent). By addressing these concerns, Singapore will be able to fully leverage the vast potential of AI and data to reinforce its status as a hub across various sectors.
KPMG and SID recommend:
a) Co-funding sector-specific shared data pools in partnership with trade associations and industry stakeholders (page 15). These shared, anonymised data pools would enable businesses to access high-quality datasets without incurring prohibitive costs. Tailored to specific sectors such as logistics and retail, these pools would facilitate benchmarking, model training, and experimentation under a trusted framework that safeguards data privacy and protects intellectual property. Shared data initiatives should be paired with guided AI adoption support to help businesses understand how AI can enhance specific parts of their value chain. For example, targeted support could help logistics firms optimise supply chains or assist retailers in leveraging AI to personalise customer experiences. This dual approach would enable broader AI adoption and accelerate innovation across industries.
b) Enhancing the public-private partnership (PPP) framework to accelerate AI adoption (page 15). As firms navigate high costs and limited guidance around AI adoption, there is an opportunity for the Government to provide greater access to infrastructure to lower barriers for AI experimentation and deployment. The enhanced framework would create positive spillover effects from existing AI initiatives, as government agencies, academia and industry stakeholders collaborate to strategically integrate AI solutions into business strategies. The framework could also promote cross-sector collaboration in key industries, fostering a culture of open innovation in AI. To bolster digital trust, Singapore could also establish a regional “Trusted AI” mark to drive harmonisation and innovation (page 12). Although Singapore’s Model AI Governance Framework provides a strong foundation for responsible AI deployment, there is still a largely untapped opportunity for Singapore to champion an assurance label that shows firms have AI controls aligned with recognised AI governance standards. By pushing regionalrecognition of this mark, Singapore could accelerate cross-border innovation and trade. The mark would build on initiatives like AI Verify and Project Moonshot, which have helped to promote Trusted AI in Singapore.
c) Supporting hands-on AI governance training for board members and executives (page 13) through a dedicated fund. This would complement existing SkillsFuture programmes which focus primarily on AI awareness, by expanding the emphasis to address strategic and operational gaps at the leadership level – covering ethical deployment, change management and cross-domain applications.
Building globally relevant leaders with cross-domain skills
To fulfil its role as a hub for global flows, Singapore must enable its businesses to navigate a complex web of governance requirements, trade rules, tax policies, and tariffs. While compliance with governance standards will bring higher upfront costs, it also provides a foundation for businesses to lead in innovation and competitiveness. For instance, businesses that embrace sustainability compliance can innovate in areas like green finance, carbon accounting, and environmental data exchange.
Yet, none of this is possible without specialised talent and leadership. Singapore needs professionals and board leaders with expertise in areas such as supply chain management, AI governance, and sustainability strategy. These individuals must be able to connect the dots across domains, such as linking data governance with trade compliance or integrating sustainability goals into business operations. The need for enhanced talent development also emerged from KPMG and SID’s survey findings. Forty-nine percent of respondents want more skills development and upskilling courses. Meanwhile, 42 percent hope for more support for workforce transformation and job redesign, such as higher grants. In addition, 37 percent of respondents want more leadership and management development initiatives, especially in the areas of mentorship and coaching for emerging leaders and advanced leadership programmes.
KPMG and SID recommend:
a) Creating a dedicated work-pass category for “master trainers” and mentors (page 18). The work-pass would encourage international professionals to join local companies, public agencies and training institutions to lead structured upskilling or leadership development programmes. This would accelerate skills transfer, expose workers to global best practices, and build a robust pipeline of talent capable of driving strategic transformation and competitiveness in a rapidly evolving global landscape. Structured leadership development programmes could also include peer-sharing platforms (page 21) aimed at promoting transformation training among C-suite leaders. Backed by the public sector and industry stakeholders, such platforms could foster the exchange of best practices, promote collective learning on key sustainability capabilities and empower leaders to proactively redesign roles and workflows ahead of market shifts.
b) Setting up job transformation roadmaps with co-funded training and certification initiatives (page 19) tied closely to sector-specific needs. As rapid technological developments shape industry demand for skills, job transformation roadmaps would be beneficial in outlining sector-specific disruptions, challenges and opportunities. These roadmaps could be accompanied by industry-recognised certification, and programmes backed by both the public and private sectors. Tailored to sectoral needs, certifications could help to assess whether workers have acquired the necessary skills to perform in transformed roles, especially in fast-evolving sectors where traditional qualifications may no longer suffice.
c) Establishing a $100 million fund to advance social impact reporting (page 9). As Singapore pursues long-term resilience, it must also ensure that economic growth is sustainable and inclusive. The fund could be used to train professionals and board directors in the reporting of social metrics, support academic modules in social sustainability and certify social auditors and advisers. It could also be complemented by broader efforts to enhance environmental, social and governance (ESG) competencies among businesses’ top leadership. Singapore could establish a national registry of certified sustainability committee members (page 20) who can be matched to boards and committees across sectors. This would help to expand access to qualified board resources, especially for local enterprises.
Lee Sze Yeng, Managing Partner, KPMG in Singapore, said:
“Leadership today isn’t just about mastering AI or acquiring specialised skills—it’s about navigating the intersections of cross-border trade, technology, and sustainability. To remain competitive, leaders must move beyond the basics, using AI and data to drive real business outcomes while building governance frameworks that inspire trust. At the same time, they need the courage to take calculated risks and collaborate across ecosystems to unlock new opportunities. Initiatives like co-funding sector-specific shared data pools and guided AI adoption support are critical to overcoming barriers and equipping leaders with the tools to thrive. As disruptions grow increasingly cross-border and cross-domain, Singapore’s ability to cultivate leaders who can turn complexity into opportunity will define its success as a global flows hub.”
Ajay Kumar Sanganeria, Partner, Head of Tax, KPMG in Singapore, said:
“Singapore’s position as a global hub—connecting trade, data, and capital—offers businesses significant opportunities to grow and compete globally. Grants and platforms are vital enablers, but they must be part of a broader solution that simplifies complexities and empowers businesses to focus on innovation. Future-ready approaches, such as managing governance and compliance in a more consolidated or ‘as-a-service’ mode, can reduce burdens on enterprises. A unified digital platform for Free Trade Agreement (FTA) management, enhanced with blockchain and AI, could streamline compliance and unlock the full benefits of Singapore’s FTA network. Co-funded training programmes and shared governance frameworks can further help businesses pool resources and build capabilities. By combining grants, platforms, and smarter ways of working, Singapore strengthens its role as a trusted global connector and equips businesses to lead with confidence in an evolving world.”
Yeoh Oon Jin, Chair, Singapore Institute of Directors, said:
“Singapore’s future as a global hub for connectivity and commerce will be shaped by how boards of directors evolve to lead with resilience and trust. Budget 2026 is an opportunity to strengthen governance frameworks that embed sustainability, cyber trust and accountability into every organisation’s agenda. By empowering directors to champion innovation, sustainability and digital assurance, organisations can grow with confidence while reinforcing Singapore’s position as a secure and trusted connector for goods, capital, data and talent in an increasingly complex global landscape.” Hashtag: #KPMG #SID
The issuer is solely responsible for the content of this announcement.
About KPMG in Singapore
KPMG in Singapore is part of a global organization of independent professional services firms providing Audit, Tax and Advisory services. We operate in 142 countries and territories with more than 275,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.
About SID
The Singapore Institute of Directors (SID) is Singapore’s national association for company directors. Established in 1998, our mission is to transform boards and empower board directors to be champions of good governance. SID works with regulators and partners to serve as the voice for directors and facilitates consultations and feedback sessions on regulatory matters. In advocating for good governance, SID advances thought leadership and benchmarking research and indices on corporate governance and directorship issues.
SID builds competencies and capabilities to enhance boardroom skills of directors for informed decision-making. An accreditation programme serves to set standards for and showcase best practices of good governance. The organisation supports members on their directorship journey with courses, workshops, advanced masterclasses, forum discussions and pit-stops. SID connects and strengthens the ecosystem with initiatives such as mentoring and networking. The Governance for Good Alliance is an initiative by SID to bring together key stakeholders who help advance our vision for every board director to be a champion of good governance.
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Apple’s next-generation CarPlay, unveiled for market release in 2025 through a high-profile partnership with Aston Martin, has entered showrooms with ambitions that go far beyond dashboard mirroring, yet its wider rollout is encountering resistance from parts of the global car industry that see strategic and commercial risks in the software’s reach. The updated CarPlay system is designed to extend across multiple vehicle screens, integrating deeply with core […]
Franchising & Licensing Asia (FLAsia)
