Arabian Post Staff -Dubai Abu Dhabi University said an associate professor and a former student have been granted a patent for an artificial-intelligence application designed to translate between sign language and spoken or written language in real time, marking a push by the institution into assistive technology with a clear accessibility focus. The university identified the inventors as Dr Modafar Ati, associate professor of computer science and […]
Alchemy, the blockchain infrastructure company often described in the sector as a crypto equivalent of cloud back-end provider AWS, has launched AgentPay, a new tool aimed at solving a fast-emerging problem in machine commerce: AI payment systems are being built on different rails and often cannot work with one another. The company says AgentPay gives merchants and service providers a single integration layer so they can accept […]
BANGKOK, THAILAND – Media OutReach Newswire – 8 April 2026 – SC has announced its first major rebrand in 20 years, repositioning the brand as “Beyond Residential”. The company is moving forward with the strategy “Reform to Perform” to rebalance its business portfolio through three business engines, diversifying revenue sources, increasing recurring income, and building new S-curves for future growth. SC has set a total revenue target of THB 25.5 billion for 2026 and aims to achieve a new profit high by 2030.
Mr. Nuttaphong Kunakornwong, Chief Executive Officer of SC Asset Corporation Public Company Limited or SC, said that the fragile global economic environment has prompted the company to proactively adapt over the past two to three years. These efforts include organizational restructuring, financial discipline, expanding joint investment partnerships, and initiating new businesses in line with its risk diversification strategy. The company has gradually reshaped its business structure into a portfolio built around three business engines. These include Engine 1 Residential Property, Engine 2 Recurring Income Property, and Engine 3 New Businesses for a Better Future.
SC is also targeting to increase the profit contribution from Engine 2 and Engine 3 to more than 30 percent in order to drive the company’s overall profit to reach a new high again by 2030, while ensuring that all businesses continue to create value for people and the planet.
In 2026, the company will implement a comprehensive rebrand, including a new logo and refreshed corporate identity, marking its first such transformation in 20 years. The move reinforces SC’s position as “Beyond Residential,” supported by a more flexible and diversified portfolio, enabling the company to engage more effectively with customers, employees, partners, investors, and stakeholders.
2026 Business Targets and Plans
– Low-rise housing: Revitalizing of eight single-detached home series across 17 projects under a concept focused on deeply understanding life needs.
– Condominium: Launch of a new ultra-luxury branded residence and a new riverside project, with a combined value of THB 25.5 billion across two projects.
– Introduction of “GenSCription” (Living Subscription Program by SC), responding to the growing shift toward renting instead of homeownership among younger generations, increasing accessibility and flexibility in housing.
– Expansion of hospitality portfolio by 450 rooms in key seaside destinations such as Pattaya and Phuket.
– Development of an additional 170,000 square meters of warehouse space in the Bangna–EEC zone.
– Investment in alternative energy businesses to support data center growth under SCX 360.
– After-sales services will expand from 150 projects to 260 projects, alongside the launch of LINTON, a concierge service designed for ultra luxury residents.
– SC has allocated an investment budget of THB 1 billion over the next three years to support the growth of this business segment.
– The company continues to operate in accordance with international sustainability assessment standards of FTSE Russell.
– SC is advancing its greenhouse gas reduction efforts in line with its five-year target of reducing 100,000 tons of carbon emissions from 2025 to 2030.
– The company is also introducing SC Green Mark, a green building development standard covering environmental performance and residents’ quality of life, which will be applied across all engines and projects.
“Brands are like living things. They survive through evolution, and brands that fail to adapt will eventually become extinct. SC therefore continues to evolve. Rebranding and organizational reform are part of that evolution. A more flexible and diversified business portfolio will enable SC not only to survive but to grow sustainably in the highly volatile and challenging real estate industry, while creating greater value for people more broadly,” Nuttaphong said.
Hashtag: #SC #SCisQuality #SCBusinessDirection2026 #ReformtoPerform
The issuer is solely responsible for the content of this announcement.
UBS and five other banks in Switzerland have joined Swiss Stablecoin AG to test potential uses for a Swiss franc stablecoin, marking one of the clearest signs yet that established lenders in the country want a bigger role in tokenised finance. The initiative, announced on Wednesday, creates a live sandbox rather than a full public launch, meaning the project remains in a controlled testing phase through 2026. […]
Greenlogue/AP VinFast has rolled out a vehicle rental programme for commercial drivers in Indonesia and the Philippines, expanding beyond outright sales as it tries to deepen its position in two fast-developing Southeast Asian electric vehicle markets. The company said the scheme will let service drivers lease Green-series vehicles through authorised dealers in Greater Jakarta and Metro Manila, with daily rates starting at 312,500 rupiah in Indonesia and […]
Afreximbank has been confirmed as a partner for African Energy Week 2026, due to run from October 12 to 16 in Cape Town, in a move that places one of the continent’s most active trade financiers at the centre of discussions over how African-led capital can support oil, gas, power and infrastructure projects. The partnership also signals how the event is seeking to position itself less as […]
Kuka is stepping up its push into the United States and Asia as its leadership warns that too many manufacturers in Europe are moving too slowly on artificial intelligence, creating an opening for competitors in markets where automation spending and industrial policy are advancing at a quicker pace. The shift, outlined by chief executive Christoph Schell, comes as the Augsburg-based robotics group tries to reposition itself around […]
Google has quietly introduced a free iPhone app that pushes its on-device AI ambitions further into everyday productivity, offering voice dictation that works without a network connection while automatically cleaning up spoken text into more polished prose. The app, Google AI Edge Eloquent, is listed on Apple’s App Store as a Google-developed productivity tool for iPhone, described as free and built around local processing using the […]
Sony Interactive Entertainment has entered an agreement to acquire Cinemersive Labs, a UK-based machine learning and computer vision company, in a move that signals a deeper push into AI-driven graphics, rendering and visual tools for PlayStation. Sony said the team will join its Visual Computing Group and help advance visual computing inside games, with work aimed at enhancing gameplay visuals, improving rendering techniques and raising visual fidelity […]
GoDaddy has teamed up with LegalZoom to launch a system designed to give AI agents a verifiable identity on the open web, as companies move from chatbots towards software that can act, transact and communicate with other systems with less human intervention. The tie-up, announced on 2 April, centres on GoDaddy’s Agent Name Service, or ANS, which uses domain name system records and public key infrastructure certificates […]
Strategy has bought another 4,871 Bitcoin for $329.9 million, extending the company’s long-running cryptocurrency accumulation plan and taking its total holdings to 766,970 BTC as of April 5, according to a regulatory filing released on April 6. The company said the latest purchases were made at an average price of $67,718 per Bitcoin, lifting its aggregate spend on the token to about $58.02 billion since it […]
BANGKOK, THAILAND – Media OutReach Newswire – 7 April 2026 – PTT Oil and Retail Business Public Company Limited (OR), Thailand’s largest energy and lifestyle retail operator, reported 2025 EBITDA of 20,357million baht (approximately USD 645 million), a 15.2% increase year-on-year, as net profit rose 47.8% to 11,304 million baht (approximately USD 357 million) despite a 9.0% decline in total revenue. The results reflect stronger cost management and a continued shift in the company’s growth strategy toward ecosystem-led expansion across mobility, retail and digital services.
To support that expansion, OR has committed 58,000 million baht (approximately USD 1.84 billion) under a five-year investment plan running from 2026 to 2030. The plan prioritizes mobility infrastructure development, lifestyle platform enhancement, EV charging network expansion, and innovation investment — with the aim of consolidating OR’s position as an integrated mobility and consumer ecosystem operator across the region.
OR’s existing infrastructure provides a significant base from which to execute that strategy. The company’s nationwide service station network currently serves 3.9 million users per day, one of the consumer touchpoint frequencies in Thailand, with a target to reach 5 million daily users by 2030. The network integrates fuel retail, EV charging under the EV Station PluZ brand, food and beverage, health and wellness, and lifestyle services. Café Amazon, OR’s coffee chain, operates more than 4,600 outlets in Thailand and international markets, contributing to sustained consumer traffic across the network. Most recently, OR announced a joint venture with Centara to develop budget hotels at PTT Stations, targeting 70 to 80 rooms per site alongside existing amenities — a move that extends the network’s role from daily convenience into overnight hospitality.
OR is expanding EV Station PluZ further in step with its existing fuel network as electric vehicle uptake accelerates across Southeast Asia. The move reflects both the region’s shifting policy landscape and growing infrastructure demand, with OR positioning the mobility transition as a long-term growth opportunity and a gateway for partnership-driven market entry across the region.
OR’s digital platform reinforces the physical network’s reach. The blueplus+ loyalty application has accumulated 9.3 million registered members, with a target of 14 million by 2030. Beyond driving repeat visits, the platform gives OR granular visibility into consumer behavior across its entire ecosystem — enabling personalized engagement, cross-selling across business lines, and new revenue streams that a purely physical network could not unlock. With membership scale still growing, OR sees the model as a strong foundation for data-led consumer engagement as it pursues regional expansion across Asia.
OR is also in discussions regarding cross-border expansion models that would allow regional dealers, investors and operators to access its ecosystem infrastructure. OR is positioning itself to potential partners not as a conventional energy retailer but as an integrated lifestyle and mobility platform with the operational scale and digital capabilities to support localized deployment across diverse Asian markets.
“Our strategy is simple: to integrate and create synergy through a scalable and sizable model. We’ve built a profitable digital-physical ecosystem and are now seeking strategic partners to unlock growth in Asia’s fast-moving mobility and consumer sectors.,” said M.L. Peekthong Thongyai, Chief Executive Officer of PTT Oil and Retail Business Public Company Limited.
Hashtag: #OR
The issuer is solely responsible for the content of this announcement.
PTT Oil and Retail Business Public Company Limited (OR) is a leading Thai energy and retail company with operations across 10 countries. OR operates through four core business groups: Mobility Business, providing energy solutions via PTT Station, PTT Lubricants, PTT LPG, and EV Station PluZ; Lifestyle Business, featuring Café Amazon, one of Asia’s largest coffee chains, along with convenience stores and space management; Global Business, driving international growth with over 400 PTT Stations and over 300 Café Amazon outlets; and OR Innovation Business, developing new ventures and sustainable solutions through technology and innovation.
Arabian Post Staff -Dubai BNW Developments, which describes itself as Ras Al Khaimah’s largest private developer, has entered Dubai’s off-plan market with Orvessa Residences by Michel Adam, a branded residential scheme in Al Furjan that marks the company’s latest push beyond its fast-growing base in the northern emirate. The move extends BNW’s branded-homes strategy at a time when Dubai continues to draw both end-users and investors […]
Arabian Post Staff -Dubai UAE businesses are sharply increasing their use of artificial intelligence to cut costs, raise output and strengthen resilience, with AI-related spending rising 521 per cent over the past 13 months, according to a new market snapshot based on corporate payment data. The findings point to a shift from trial use to operational deployment, particularly among smaller businesses seeking quicker productivity gains in a […]
Arabian Post Staff -Dubai Jazeera Airways has postponed a decision on its cash dividend for 2025, saying the move reflects caution rather than financial weakness as the Kuwait-based low-cost carrier responds to mounting regional disruption. In a board decision disclosed on 6 April, the airline said it had amended its recommendation to shareholders and would instead revisit the payout after first-quarter 2026 results, with the annual general […]
Khalifa Economic Zones Abu Dhabi has secured five new industrial and logistics projects worth AED147 million across Al Ain and Abu Dhabi, adding more than 84,000 square metres of development space and an estimated 500 jobs as the emirate presses ahead with its manufacturing and supply-chain expansion plans. Four of the projects are earmarked for KEZAD Al Ain, where they account for just over 37,400 square metres, […]
The research, authored by Research Strategist Ager Freddy, Senior Researcher Timothy Benson, and ACES Institute President Dr. Shanggari Balakrishnan, argues that the phrase “doing the right thing” is frequently invoked in business discourse as a universal moral ideal, yet it is rarely examined through the lens of operational cost and strategic trade-offs. The study identifies that what is considered “right” varies significantly depending on the stakeholder ranging from regulatory compliance for governments and governance standards for investors to fair wages for employees and responsible resource use for environmental advocates.
The 4Cs Framework and Institutional Resilience
Central to the publication is the introduction of the 4Cs leadership framework: Creativity, Conscientiousness, Constancy, and Collaboration. According to the ACES Institute, these four pillars are essential for embedding ethical considerations directly into an organization’s product design, engineering processes, and corporate culture. The researchers suggest that by moving beyond surface-level corporate social responsibility and toward an institutionalized philosophy, companies can build a foundation for long-term differentiation and resilience.
The study acknowledges that this values-driven approach often necessitates difficult decisions that may carry significant short-term costs. Organizations pursuing deep sustainability or ethical strategies may face higher production expenses, skepticism from traditional market analysts, and resistance from consumers who express support for sustainability in theory but remain sensitive to price in practice. Furthermore, the research explores how global economic and political dynamics, such as shifting regulations and differing sustainability standards across international markets, complicate the efforts of leaders to maintain a consistent ethical stance.
Case Study Analysis: Letright Industrial Corp., Ltd.
To provide empirical evidence for these findings, the report examines the multi-decade journey of Letright Industrial Corp., Ltd., a manufacturer of premium outdoor living products. Under the leadership of founder and CEO Ren Li, the company made a pivotal decision in the early 2000s to abandon wood then the dominant material in the industry in favor of recyclable materials such as aluminum. This decision was driven by personal conviction regarding environmental impact rather than immediate market demand or regulatory requirements.
The case study illustrates the “Constancy” pillar of the ACES framework, noting that the move initially triggered significant resistance. During this period, customers continued to prefer traditional materials, employees questioned the strategic shift, and management warned of the financial consequences of declining orders. However, the research highlights that by persisting through this uncertainty, Letright successfully transitioned from an original equipment manufacturer (OEM) to an original design manufacturer (ODM). This shift allowed the company to build its own intellectual property, eventually leading to the development of the Ombra solar smart pergola, which integrates photovoltaic technology for renewable energy generation.
Executive Perspective on Global Leadership
“Organisations today operate in a landscape where expectations rarely align,” stated the authors of the study. “What appears responsible to one group may be viewed as inadequate or even harmful by another. Ultimately, ethical leadership does not mean achieving universal approval or avoiding difficult decisions. Instead, it requires organisations to define their own principles and align strategy, operations, and innovation around those values.”
The publication concludes that while “doing the right things” does not guarantee universal agreement, organizations that clearly define their values and consistently act on them are statistically more likely to build lasting relevance and resilience in an increasingly complex business environment. This research forms a key part of the ACES Institute’s ongoing mission to examine the intersection of leadership, sustainability, and responsible corporate transformation across global industries.
Hashtag: #ACESInstitute #LetrightIndustrial
The issuer is solely responsible for the content of this announcement.
Bitcoin pushed back above the $70,000 mark on Monday, offering a measure of relief to a market that has been battered by volatility, geopolitical tension and doubts over whether institutional buying is strong enough to absorb selling by large holders. The move was modest rather than decisive, with live pricing showing bitcoin at about $69,728 on Tuesday in Asia after an intraday high of $70,240, underscoring […]
Dubai’s Roads and Transport Authority has opened a new Al Mutakamela vehicle testing and registration centre in Al Qusais, adding fresh capacity to a part of the city with heavy residential and commercial traffic and extending access to licensing services for motorists in the eastern districts. The facility began operations on 6 April and is intended to ease processing for both private vehicle owners and business customers. […]
Saudi Arabia’s non-oil private sector slipped into contraction in March, with business conditions deteriorating for the first time since August 2020 as conflict across the Middle East disrupted supply chains, delayed exports and hit customer demand. The Riyad Bank Saudi Arabia Purchasing Managers’ Index fell to 48.8 in March from 56.1 in February, dropping below the 50-point threshold that separates growth from contraction. Data for the […]
This marks the first time an Asia-wide environmental hackathon exclusively for undergraduate and master’s students is held in Vietnam. The competition aims to identify and develop technology-driven solutions to pressing environmental challenges, while fostering innovation and interdisciplinary collaboration among the younger generation.
Participants will advance through three main stages: Registration & Preliminary (April 6 – May 17, 2026); Online Training Phase (June 2 – June 28, 2026); and Final Round & Hackathon at VinUniversity (July 2 – July 5, 2026, tentative).
During the Registration & Preliminary Round, participants register online in teams of up to four members. Eligible applicants must be current undergraduate or master’s students at universities across Asia.
Application materials include an idea proposal and an introductory video. Based on evaluation by the Technical Board, the Top 30 teams will be selected to advance to the next stage.
The competition encourages interdisciplinary ideas that integrate multiple fields—including technology, environmental sciences, economics, and social sciences—with the aim of creating solutions that are innovative, feasible, and socially impactful.
Proposed ideas should address one of three key challenge areas: Renewable Energy and Low-Carbon Mobility; Urban Air Quality and Climate Resilience; Water Resources and Climate-Resilient Agriculture.
During the Online Training Round, the Top 30 teams will participate in a series of intensive training sessions and expert consultations with multidisciplinary specialists. These sessions are designed to equip teams with deeper domain knowledge and up-to-date insights on sustainability trends and relevant technologies, enabling them to further refine and expand their proposed solutions.
During the Final Round and Award Ceremony, all travel and accommodation expenses for the Top 30 teams will be fully covered. The teams will take part in a 24-hour hackathon at VinUniversity (Hanoi), where they will further develop and refine their technology-driven solutions before presenting them to the Judging Panel. Based on this evaluation, the Top 9 teams will be selected to advance to the final assessment round, from which the winning team will be determined.
The Chair of the Judging Panel is Prof. Duong Nguyen Vu, Vice Provost of Graduate Education at VinUniversity and Chief Scientific Officer at the Center for AI Research. He had been a Professor of Aerospace Engineering at Nanyang Technological University (NTU), Singapore until July 2025, where he served as Scientific Director at the Air Traffic Management Research Institute (ATMRI). Under his leadership—as Executive Director until 2025—the institute has emerged as a global leader in air traffic management research, thanks in large part to the scientific foundation he helped establish. Before joining NTU, Prof. Vu was the founding Director of the John von Neumann Institute at Vietnam National University Ho Chi Minh City, spearheading university-industry collaborations and championing innovation and entrepreneurship in education.
Prior to returning to Vietnam in 2010, he was Head of Innovative Research and Senior Scientific Advisor at the European Organisation for the Safety of Air Navigation (EUROCONTROL). He also advised Vietnam’s Minister of Planning and Investment on innovation strategy, contributing to the establishment of the National Innovation Center.
The competition offers a total prize pool of USD 24,000, comprising one First Prize of USD 8,000, one Second Prize of USD 5,000, two Third Prizes of USD 3,000 each, and five Consolation Prizes of USD 1,000 each. Beyond the awards, participating teams will gain valuable opportunities to engage with leading experts from across the region, expand their professional networks, and strengthen their access to the broader innovation ecosystem.
Dr. Le Thai Ha, Managing Director of the “For Green Future” Foundation and Head of the Organizing Committee, shared: “We believe that ideas with the power to shape the future do not always emerge from large laboratories or well-established institutions; they often arise from the insight, initiative, and determination of young people to make a difference. Through the Asian Hackathon for Green Future, we seek to create a platform where students across the region can transform their environmental awareness into tangible, innovative solutions that deliver meaningful impact for communities and the future.”
The Asian Hackathon for Green Future is expected to foster innovation aligned with sustainable development, while contributing to the development of a new generation of young talents capable of cross-border collaboration to create solutions with lasting, positive impact across the region.
Interested candidates may register for the competition via: https://forms.gle/o3L5BVLExUYKQtGJA
For any inquiries, please contact the Organizing Committee at hackathon@foundationforgreenfuture.com for further assistance.
Hashtag: #ForGreenFutureFund
The issuer is solely responsible for the content of this announcement.
Al Hudayriyat Island has emerged as one of Abu Dhabi’s clearest statements of how urban expansion, tourism strategy and lifestyle planning are being fused into a single waterfront destination, as the emirate pushes to raise liveability, broaden its non-oil economy and create new high-value districts beyond its traditional city core. Developed by Modon, the island’s evolution has moved well beyond a beach-and-leisure concept into a much […]
Bit Reactor founder Greg Foertsch has praised Lucasfilm Games and Respawn Entertainment for backing Star Wars Zero Company, saying the decision to build a turn-based tactics title around one of entertainment’s biggest franchises stood out at a time when much of the games business is leaning towards safer, more familiar ideas. Foertsch said the two companies showed “vision and the courage and the conviction” by trusting a […]
Telegram has rolled out a broad product update that adds a private AI writing tool, a major expansion of polling functions, support for Live Photos and Motion Photos, and a new system that lets bots create and manage other bots, in a move that sharpens the platform’s push into AI-assisted messaging and developer automation. The update was announced on March 31, 2026, with related bot-management changes […]
