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DL Securities’ formal approval as a licensed virtual asset service provider means that the sizeable digital asset and real-world asset (RWA) tokenization landscape being built by the Group will be delivered to global investors through a compliant, secure, and efficient channel — representing a critical step toward the inclusive-finance vision of “Investing Made Simple.”

Following the license upgrade, DL Securities plans to open omnibus accounts with OSL — one of the SFC-licensed virtual asset trading platforms in Hong Kong — to provide professional investors with secure and efficient execution services, including virtual asset trading and conversion between virtual assets and fiat currencies. The Company will implement stringent Know-Your-Customer (KYC) and Anti-Money Laundering (AML) procedures, perform continuous monitoring and risk assessment together with the platform, and conduct knowledge assessments for clients to ensure that services operate under the highest compliance standards.

To ensure prudence and regulatory alignment, DL Securities will strictly follow the additional conditions of the SFC and conduct virtual asset transactions via omnibus accounts on SFC-licensed platforms. Meanwhile, services will primarily target professional investor clients within its existing Type 1 regulated activity (securities dealing). This demonstrates that while embracing digital-finance innovation, DL Securities will continue to uphold Hong Kong’s rigorous regulatory framework and remain committed to delivering secure and compliant virtual asset services to high-net-worth clients.

Ahead of many licensed brokers whose roles remain focused only on “distribution,” DL has already established forward-looking strategic layouts in both asset digitalization and digital-asset investment, building a solid asset foundation for future business expansion. In terms of innovative RWA tokenization, the HK$500 million DL Tower located in Hong Kong’s Central district has formally commenced tokenization, with an initial tranche valued at HK$60 million. At the same time, the Group has completed the tokenization plan for its HK$312 million equity interest in the ultra-luxury U.S. real estate project ONE Carmel, aiming to pioneer an innovative shareholder-return mechanism. In addition, the Group has completed tokenization of nearly HK$40 million equity stakes in leading technology companies such as ByteDance and Kraken, enriching the diversity and growth potential of its digital-asset portfolio.

In terms of strategic investment in digital assets, the Group has likewise advanced its deployment. In computing power, nearly ten thousand high-performance mining rigs have been procured, generating close to two Bitcoins per day. The Group has also mapped out an additional HK$800 million digital-asset investment pathway, including HK$560 million into computing power and HK$240 million into tokenized gold assets. Cooperation with digital-asset asset-management platform Antalpha has achieved substantive progress, with an initial allocation of nearly HK$40 million in gold tokens completed. Meanwhile, continued investment in the fintech platform NeuralFin has delivered outstanding results — the platform’s valuation has reached HK$546 million and it has officially initiated preparations for U.S. listing, further strengthening the Group’s integrated digital-finance ecosystem.

Approval of the virtual-asset license provides crucial regulatory support for DL Securities to introduce the Group’s scarce, high-quality virtual-asset and RWA products to the broader investment market in a compliant and secure manner. Going forward, DL Securities will be able to offer professional and institutional investors compliant trading and professional advisory services covering mainstream digital assets such as BTC and ETH, as well as proprietary real-estate and equity-type RWA products. High-quality physical assets and frontier digital assets — once characterized by high thresholds and low liquidity — can now be transformed into fractional, tradeable digital rights, allowing broader groups of investors to share in the dividends of technological and asset-value growth.

Against the backdrop of global asset digitalization, RWA tokenization is becoming a key direction of financial innovation. While Chinese Mainland remains prudent toward such businesses, Hong Kong SAR — guided by a clear, stable, and internationally aligned regulatory framework — is actively assuming the role of a “testing ground.” Seizing this window of opportunity, DL has leveraged its deep understanding of the Hong Kong market, completed its virtual-asset deployment ahead of peers, and successfully obtained a pivotal license. This not only reflects DL’s strategic foresight but also its active participation in building Hong Kong into a global virtual-asset hub — firmly capturing first-mover advantages.

Mr. Andy Chen, Chairman and Chief Executive Officer of DL Holdings Group, stated:”This approval of our virtual-asset license is a milestone that has come naturally. DL has long ceased to be a bystander waiting for the license—we are already deeply engaged, holding substantial high-quality digital assets and RWAs. The license is a key — it opens the door for us to provide compliant services to investors worldwide. Looking ahead, DL will fully leverage our capital strength, asset reserves, and ecosystem advantages to become a trusted bridge connecting traditional finance and the digital-finance world.”

This license upgrade represents an important milestone in the Group’s deepening digital-finance strategy and embrace of fintech innovation. It is expected not only to significantly enhance business diversification and revenue potential but also to position the Company strongly in the digital-asset markets of Hong Kong and the Asia-Pacific region. Through rigorous compliance frameworks, professional teams, and deep collaboration with licensed platforms, DL Securities will provide professional investors with secure, efficient, and transparent virtual-asset financial services. Following the upgrade of Type 1 to include virtual-asset trading, the upgrade procedure for its Type 4 license (advising on securities) is also currently under final SFC review.

Hashtag: #DLHoldings #DLSecurities #SFC #LicensedBroker #RWATokenization #TokenizedAssets

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

Saudi Arabian Mining Company, widely known as Saudi Arabian Mining Company, has outlined plans to establish a joint venture with Midana Exploration Pay Ltd to advance minerals exploration, development and mining across licensed areas of the kingdom, in a move that underscores the country’s push to expand its non-oil resource base.

Under the proposed structure, the joint venture will be capitalised initially at $5 million, with Maaden holding a controlling 50.1% stake and Hancock owning the remaining 49.9%. The vehicle is expected to focus on early-stage exploration as well as the development and eventual sale of mineral resources identified within approved concession blocks, subject to regulatory clearances.

The announcement comes as Saudi Arabia accelerates efforts to map and commercialise its estimated multi-trillion-dollar mineral endowment, a pillar of the Vision 2030 strategy aimed at diversifying fiscal revenues and building domestic industrial supply chains. Officials and industry executives have repeatedly highlighted underexplored deposits of gold, copper, zinc, phosphate, bauxite and rare earth elements as areas of strategic interest.

Maaden, majority owned by the Public Investment Fund, has over the past decade evolved from a single-commodity operator into a diversified mining champion spanning gold, aluminium, phosphate fertilisers and industrial minerals. The proposed partnership with Hancock signals a renewed emphasis on upstream exploration, an area that demands specialised geological expertise, patient capital and risk-sharing arrangements.

Hancock, through its local exploration arm, has built a portfolio of prospecting licences and geological data across several regions of the kingdom. Industry observers say its familiarity with Saudi Arabia’s licensing framework and field operations complements Maaden’s balance sheet strength, project development experience and access to downstream markets.

According to people familiar with the matter, the joint venture is designed to move swiftly from desktop studies to on-ground surveys, including geophysical mapping and targeted drilling. Any commercial discoveries would then be evaluated for standalone development or integration into Maaden’s existing asset base, depending on scale, mineral type and infrastructure considerations.

The modest initial capital reflects the early-stage nature of the venture, with provisions allowing for additional funding rounds as projects advance. Mining analysts note that exploration budgets often expand sharply once priority targets are identified, particularly for metals linked to energy transition technologies such as copper and battery minerals.

Saudi Arabia has spent heavily on geological surveying over the past few years, releasing high-resolution data to attract private and foreign investors. The Ministry of Industry and Mineral Resources has also reformed the mining law to streamline licensing, strengthen environmental oversight and provide longer concession terms, measures that have been welcomed by global miners.

Within this policy backdrop, Maaden’s majority stake ensures strategic alignment with national priorities while allowing its partner operational flexibility. The 50.1-49.9 split also gives Maaden consolidation rights over any successful projects, a factor likely to reassure lenders and potential offtake partners at later stages.

Market participants see the joint venture as part of a broader trend of collaborative exploration models in the kingdom, where state-backed entities pair with specialised firms to spread risk and accelerate discovery timelines. Similar structures have been adopted in other resource-rich jurisdictions seeking to build domestic mining ecosystems without shouldering all the geological risk alone.

Environmental and social governance considerations are expected to feature prominently as projects move forward. Saudi regulators have tightened requirements around land rehabilitation, water use and community engagement, and Maaden has publicly committed to aligning new developments with international sustainability benchmarks.

A “One-of-a-Kind” Branded Asset on the Global Map

Speaking at the seminar “Advancing to the Sea with ESG++ Mega-Cities: A Strategy for Sustainable Investment,” Dr. Le Xuan Sang, Deputy Director of the Vietnam Institute of Economics and World Economy, emphasized that for investors, a “branded real estate asset” must meet four criteria: An unmatched location, elevated development standards, limited supply, and a compelling story recognized by global markets. “Vinhomes Green Paradise meets all four,” Sang shared.

He highlighted the integrated ecosystem of the Vinhomes Green Paradise urban development, where affluent residents can enjoy a full spectrum of experiences within one cohesive environment, from work, leisure, wellness, and recreation to business trips and retirement living. When every component reaches a premium standard, the project’s merits speak for themselves.

In Southeast Asia, he noted, it is exceptionally difficult to find a coastal megacity of comparable scale that not only aligns with ESG++ benchmarks but is also connected to high-speed infrastructure and backed by a powerhouse metropolis like Ho Chi Minh City.

“It is entirely justified to call this a rare, hard-to-find branded real estate asset,” he said.

Supporting this viewpoint, Associate Professor Dr. Architect Hoang Manh Nguyen, Chairman of the Institute for Green Urban Science & Technology, highlighted Can Gio’s unparalleled ecological advantage, “backed by forest, facing the sea”, a combination almost impossible to replicate globally and one that carries immense economic value.

He further underscored the “expensive” and “highly complex” nature of ESG++ coastal reclamation cities. Vinhomes Green Paradise being recognized by New7Wonders as the first official participant for the “7 Wonders of Future Cities” title is, in his view, strong evidence that it represents a new global benchmark in urban innovation.

“This places Vinhomes Green Paradise among the world’s truly ‘singular’ real estate assets, naturally becoming a prime target for elite residents and discerning investors,” he stated.

From a legal and institutional perspective, Associate Professor Dr. Nguyen Quang Tuyen, Vice Chairman of the University Council and Head of the Faculty of Economic Law at Hanoi Law University, noted that the distinction of “branded real estate” lies in clear legal frameworks, stable planning, and professional operations, attributes that can withstand the test of time and policy shifts. These are precisely the strengths of Vinhomes Green Paradise, further reinforced by the credibility of the Vingroup brand.

ESG++ Assets: A Long-Term “Safe Harbor” with 25–30% Appreciation Potential

Discussing the issue in greater depth, Associate Professor Dr. Hoang Manh Nguyen asserted that urban livability is the key determinant of real estate value. Locations with cleaner air, lower noise levels, better mobility, richer landscapes, and more refined amenities will always command higher prices and more sustainable appreciation. ESG++ urban models elevate quality of life to a new tier, not only “green” in terms of vegetation and water bodies but green in energy, operations, and lifestyle.

“With these advantages, Vinhomes Green Paradise is not only a pioneer in the development of green coastal cities but also has tremendous potential to preserve and grow value over time,” he noted.

Vinhomes Green Paradise has been described as a “precious gem”, a unique asset on the global real estate map.

Aligning with this view, Dr. Le Xuan Sang added that globally, capital is shifting clearly toward asset classes that deliver growth, sustainability, and climate resilience. Beyond ESG++, the added layers of regeneration and climate adaptation make qualifying assets exceedingly rare.

The demand for ESG++ coastal cities will grow strongly, while supply will remain extremely limited, representing less than 1% of global inventory over the next 10-20 years. This scarcity ensures enduring value and makes speculative fears, such as panic buying or price collapse, highly unlikely.

“When supply is extraordinarily low while demand from the global middle and upper class continues to surge, ESG assets naturally become a ‘blue-chip’ category, scarce, highly valued, and exceptionally defensive across economic cycles,” he explained.

“Today, this elite and exceptionally scarce asset may appear expensive relative to average incomes. But securing a property like the one in Can Gio will be an extraordinary challenge in five to ten years, as the economy expands and incomes rise,” Nguyen Quang Tuyen said.

He added that in OECD countries, urban areas meeting ESG standards are often the focus of state investment in core infrastructure, public services, and high-quality social amenities, creating a robust value foundation. Once this foundation stabilizes, real estate values in these areas tend to rise steadily, often outpacing comparable non-ESG locations.

Multiple international reports show that ESG cities typically achieve 25-30% appreciation, sometimes at a rate 1.5-2 times faster than neighboring districts. Consequently, securing a position in Vinhomes Green Paradise at this stage offers investors a primary-market advantage, akin to sourcing raw value directly from the origin before it reaches the broader retail market.
Hashtag: #Vinhomes

https://vinhomes.vn/en

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By Nantoo Banerjee It does not make sense for India to deplete its hard-earned foreign currency reserves to temporarily protect the Rupee’s exchange value. In fact, Indian Rupee’s downturn vis-à-vis other major currencies has not adversely impacted the country’s impressive economic growth, at least for the present. On the contrary, it has made exports cheaper […]

The article Rupee Decline May Not Be Bad For Economy Now appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

The recognition of MIR Holding subsidiaries at FO.GE.CA illustrates the potential of African companies to establish themselves beyond their domestic markets

DAKAR, SENEGAL – EQS Newswire – 29 December 2025 – In the margins of the 18th edition of the Forum of Operators for the Guarantee of Economic Emergence in Africa (FOGECA), held from 18 to 20 December 2025 in Dubai, several subsidiaries of MIR Holding SAS (https://MIRHolding.Odoo.com) were recognized for the quality of their achievements, their operational structuring, and their ability to operate sustainably in demanding international economic environments.

FOGECA has established itself as a high-level economic forum bringing together each year business leaders, investors, financial institutions and public decision- makers from Africa, the Middle East, Europe and Asia. The distinctions awarded during the forum aim to recognize companies that demonstrate, beyond discourse, a genuine capacity for execution, strong governance, and measurable, long-term value creation.

Three companies recognized across strategic sectors

Among the MIR Holding group entities recognized this year are three companies operating in key strategic sectors:

JC Maclean International, specializing in high-end fit-out and interior design for residential, commercial and corporate projects. Based in Dubai, the company has distinguished itself through its technical rigor, its ability to manage complex projects, and its strict adherence to international standards in quality, timelines and safety.

Moustev Limousine Dubai, a premium VTC and chauffeur-driven transport company, recognized for its integrated approach and its capacity to support corporate clients in managing their mobility needs, particularly in multicultural and multi-country contexts. Its model is built on service reliability, operational responsiveness and adaptability to both local and international environments.

Majestic Living Properties, a real estate platform focused on development, marketing and investment advisory for residential and commercial assets. The company was recognized for its vision of real estate investment, combining transparency, asset quality and customer experience, particularly across Africa–Middle East investment flows.

A recognition rooted in long-term structuring

For MIR Holding SAS, these distinctions are not an end in themselves but rather the outcome of a long-term structuring process. They reflect the ability of companies originating from an African group to grow, attract talent and operate successfully within major global economic hubs, while maintaining a pragmatic and disciplined understanding of markets.

Present in Dubai during the forum, Mouhamad Dieng, Founder and CEO of MIR Holding and President of the Mouhamad Rassoul Dieng Foundation, emphasized that this trajectory is above all the result of entrepreneurial discipline, method and long- term vision.

“These distinctions primarily recognize the work of committed teams and the strength of business models built to last. They demonstrate that starting from local realities, and remaining demanding in terms of structuring and governance, it is possible to build companies capable of operating at the highest international level,” he stated.

Originally from Senegal, Mouhamad Dieng highlighted that this international recognition also carries a message of inspiration for young Senegalese and African entrepreneurs, illustrating a path to success grounded in hard work, rigor and the ability to think globally without renouncing one’s roots.

A strong signal for Senegal’s economic ecosystem

At a time when Senegal is seeking to strengthen the role of its private sector within regional and international value chains, the recognition of MIR Holding subsidiaries at FOGECA illustrates the potential of African companies to establish themselves beyond their domestic markets.

Through its various entities, MIR Holding SAS continues to pursue a development strategy based on the structuring of robust companies, the upgrading of service offerings, and expansion into high-value markets, particularly between Africa and the Middle East.

The distinctions awarded in Dubai are part of a broader dynamic in which credibility is built through results, consistency and the ability to generate tangible economic impact.

Distributed by APO Group on behalf of MIR Holding.

Hashtag: #MIRHolding

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

The United Arab Emirates is on course to generate more than one million additional jobs by 2030, placing it among the world’s fastest-expanding labour markets as economic diversification, technology adoption and population growth intensify demand for skilled workers, according to a workforce outlook released by ServiceNow.

The projection underscores the scale of change under way in the UAE’s employment landscape, where public and private sector investment is being channelled into advanced industries, digital services, clean energy, logistics and financial technology. Policymakers have positioned job creation as a central pillar of national economic strategy, linking employment growth to productivity gains, innovation and long-term competitiveness.

ServiceNow’s analysis indicates that the strongest employment momentum is emerging in technology-led roles, particularly in cloud computing, artificial intelligence operations, cybersecurity, data analytics and enterprise software services. Demand is also rising for professionals who can combine technical skills with business process expertise, reflecting the increasing automation of workflows across government entities, banks, energy companies and logistics firms.

This expansion is unfolding alongside steady population growth driven by immigration, as professionals from Asia, Europe and Africa relocate to the UAE for work opportunities. Labour market specialists say the inflow of skilled workers has become an economic asset, helping employers fill gaps in high-value roles while supporting consumption and domestic demand.

Beyond technology, job creation is expected to be broad-based. Construction and real estate continue to absorb labour as infrastructure spending remains strong, while tourism, hospitality and aviation are benefitting from sustained visitor growth and expanding airline capacity. Healthcare and education are also projected to add sizeable numbers of jobs as authorities invest in social infrastructure to support a larger and more diverse population.

The digital transformation of government services has emerged as a significant employment driver. Federal and emirate-level entities are accelerating the shift towards paperless operations, data-driven decision-making and AI-enabled public services. This has increased demand for systems architects, digital policy specialists and programme managers who can oversee complex technology deployments while ensuring regulatory compliance and data security.

Employers are also rethinking workforce structures as automation changes how tasks are performed. Routine administrative roles are increasingly being replaced or augmented by software platforms, while new positions are emerging in system oversight, process design and user experience management. Analysts say this transition is not eliminating jobs at scale but reshaping them, with a premium placed on adaptability and continuous learning.

Education and training institutions are responding by expanding programmes focused on digital skills, coding, data science and cyber resilience. Partnerships between universities, vocational institutes and multinational firms are becoming more common, aimed at aligning curricula with labour market needs. Corporate upskilling initiatives are also gaining traction as employers seek to retrain existing staff rather than rely solely on external hiring.

Wage dynamics are expected to reflect these shifts. Salaries in high-demand technology and specialist roles have been rising faster than the broader market, while competition for experienced professionals has intensified. Human resources consultants note that non-salary benefits, including flexible working arrangements, career progression pathways and residency incentives, are increasingly important in attracting and retaining talent.

The ServiceNow report places the UAE’s projected job growth ahead of many mature economies, where ageing populations and slower productivity gains are constraining employment expansion. By contrast, the UAE’s relatively young workforce, openness to foreign talent and willingness to adopt new technologies are seen as structural advantages.

Challenges remain, particularly around ensuring that job creation keeps pace with population growth and that skills mismatches do not widen. Economists warn that without sustained investment in education and training, shortages could emerge in critical areas, potentially pushing up labour costs and slowing project delivery. There is also a need to integrate more nationals into private-sector roles, a long-standing policy objective supported by wage subsidies, training schemes and regulatory measures.

BNW Developments has unveiled the Tonino Lamborghini Residences on Al Marjan Island, marking the first time the Italian luxury lifestyle brand has anchored a residential project in Ras Al Khaimah and setting a new benchmark for branded waterfront living in the northern emirate. The launch positions the privately held developer behind what it describes as Ras Al Khaimah’s largest private real estate venture at the centre of a market drawing growing international investor interest.

The project brings together BNW Developments and Tonino Lamborghini, the brand founded by the son of the legendary Italian carmaker, to deliver a design-led residential community that blends Italian heritage with contemporary coastal architecture. Planned as a large-scale, master-planned development, the residences are set on Al Marjan Island, a man-made archipelago that has emerged as the emirate’s most prominent tourism and lifestyle hub.

Executives involved in the announcement said the collaboration reflects a deliberate strategy to move beyond conventional luxury offerings towards globally recognised branded residences that command long-term value. For Ras Al Khaimah, the development underscores a shift towards higher-end projects aligned with the emirate’s tourism and economic diversification agenda, particularly as hospitality, leisure and residential segments converge along the coastline.

The Tonino Lamborghini Residences are being positioned as ultra-luxury waterfront homes, with interiors inspired by Italian craftsmanship and modern European aesthetics. Design elements are expected to reflect the brand’s signature language, incorporating bespoke materials, curated finishes and lifestyle-focused amenities. While detailed specifications and unit pricing have not been formally disclosed, the developer has indicated that the project targets high-net-worth buyers seeking branded homes with strong rental and capital appreciation potential.

BNW Developments has expanded rapidly within Ras Al Khaimah’s real estate sector, capitalising on policy reforms, infrastructure spending and rising tourism flows. Al Marjan Island, in particular, has become a focal point for premium residential and hospitality investments, supported by new resorts, entertainment attractions and improved connectivity. Property consultants tracking the market say branded residences on the island are increasingly appealing to overseas buyers from Europe, Asia and the wider Middle East, drawn by comparatively attractive entry prices and long-term growth prospects.

The arrival of Tonino Lamborghini adds another internationally recognised name to the island’s evolving skyline, reinforcing a trend in which global lifestyle brands are lending their identity to residential projects across the UAE. Analysts note that branded developments typically command a premium over non-branded counterparts, supported by perceived quality assurance, curated services and brand-driven design consistency.

Industry observers also point to Ras Al Khaimah’s regulatory environment and measured approach to development as factors supporting sustained demand. Unlike more saturated markets, the emirate has emphasised phased growth, balancing tourism expansion with residential supply. This has helped maintain pricing discipline while attracting developers focused on differentiated offerings rather than volume-led construction.

For BNW Developments, the Tonino Lamborghini partnership is intended to elevate its profile beyond a regional developer into a player capable of executing globally benchmarked luxury projects. Company officials have described the residences as a long-term investment in brand equity, aligning the developer with an internationally known lifestyle name while contributing to the emirate’s ambition to compete with established luxury destinations.

Tonino Lamborghini’s leadership has framed the project as a natural extension of the brand’s presence in hospitality, accessories and interior design, translating its identity into a residential environment shaped by coastal living. The brand’s involvement is expected to extend beyond naming rights to include design oversight and lifestyle integration, a factor often scrutinised by buyers in the branded residences segment.

IonQ has confirmed plans to deliver a next-generation 100-qubit quantum computing system to South Korea, reinforcing the company’s push into Asia’s accelerating quantum ecosystem and extending a strategic partnership with the Korea Institute of Science and Technology Information. The deployment is positioned as a milestone for the country’s national research infrastructure, giving scientists and industrial users local access to higher-capacity trapped-ion quantum hardware designed for advanced simulations and algorithm development.

The system is scheduled to be installed at facilities operated by Korea Institute of Science and Technology Information, which manages high-performance computing resources for universities, laboratories and government programmes. IonQ said the platform will integrate with existing supercomputing assets, enabling hybrid classical-quantum workflows that are increasingly seen as the most practical near-term use of quantum machines. Officials involved in the project describe the installation as part of a broader effort to ensure domestic capability in a field viewed as strategically significant for science, security and economic competitiveness.

For IonQ, the agreement deepens a relationship that began with earlier access to its systems through cloud services and collaborative research. The 100-qubit platform represents a step up from earlier machines made available to Asian partners, with IonQ highlighting gains in algorithmic performance driven by longer coherence times and high-fidelity gates inherent to its trapped-ion approach. The company argues that these characteristics allow useful problem sizes to be tackled with fewer physical qubits than some rival architectures.

The project comes as South Korea accelerates state-backed investment in quantum science. Government roadmaps call for expanded talent development, dedicated funding lines for hardware and software, and closer links between public laboratories and industry. KISTI’s role as a national computing hub makes it a focal point for these ambitions, with the new system expected to support work ranging from materials discovery and chemistry to optimisation and machine learning. Researchers anticipate that local access will shorten development cycles compared with reliance on overseas cloud resources.

IonQ executives frame the delivery as part of a long-term regional strategy rather than a one-off sale. Asia has become a key battleground for quantum providers as countries seek sovereign capabilities while remaining connected to global research networks. China, Japan and South Korea are all funding large-scale programmes, and regional universities are increasing output in quantum algorithms and error-mitigation techniques. By embedding hardware within national facilities, vendors aim to secure early loyalty among researchers who may later influence commercial adoption.

Competition in the sector is intensifying. Superconducting-qubit systems from established technology firms and photonic approaches backed by start-ups are all vying for attention, each claiming advantages in scalability or manufacturability. IonQ’s bet on trapped ions prioritises precision and stability, though critics note challenges in scaling to very large numbers of qubits. The company counters that its roadmap focuses on algorithmic qubits and error-corrected performance rather than raw counts, a metric increasingly favoured by parts of the research community.

The South Korean installation also reflects a broader trend toward hybrid computing. Rather than replacing classical supercomputers, quantum systems are being linked to them to tackle specific sub-problems where quantum effects offer potential speed-ups. KISTI engineers are working on software layers to manage job scheduling and data movement between systems, an area seen as critical to extracting value from early quantum machines.

Commercial implications are closely watched. South Korean conglomerates in electronics, chemicals and logistics have signalled interest in quantum applications, and access to domestic hardware could encourage pilot projects. Analysts caution that widespread industrial impact remains some distance away, but note that early experimentation helps firms build expertise ahead of future breakthroughs.

Positioning Vietnam as Production-Export Hub to Global Markets, with SCGD Leading Decorative Surface Materials and Ceramic Tiles Market Ready to Drive Cement Business Expansion of Low-Carbon Products to Global Markets

HCMC, VIETNAM – Media OutReach Newswire – 25 December 2025 – SCG continues its Regional Optimization strategy, positioning Vietnam as a Strategic Hub in the ASEAN region for manufacturing and exports to global markets. SCG Decor (SCGD) supports PRIME GROUP in expanding production capacity for high-quality tiles to meet growing demand. The cement and building materials business in Vietnam is accelerating development of low-carbon cement for both domestic sales and global exports under the Green Building policy
to create sustainable growth while enhancing quality of life.

Mr. Kulachet Dharachandra, Country Director – Vietnam, SCG, stated: “Vietnam is a strategically important country for SCG, with total investments exceeding 7 billion US dollars across 28 companies, representing 28% of SCG’s total assets. This covers chemicals, cement, building materials, packaging, and logistics businesses to serve both domestic and export market demands, enhancing competitive capabilities and building comprehensive production and supply chain potential.

Under the Regional Optimization strategy, SCG combines the strengths of Thailand and Vietnam in digital technology, artificial intelligence and automation, safety standards, and plant management, as well as social, environmental, and governance practices following ESG principles. Vietnam is a high-growth potential market due to its economy, government infrastructure policies, and increasing Green Building trends. It also has consumers with purchasing power for high-quality products and a large consumer base of over 100 million people, plus export potential with efficient production costs, which strengthens sustainable business growth and elevates quality of life in the region.”

SCGD supports PRIME GROUP, Vietnam’s Number One Market Leader of Decor Surface

PRIME GROUP, the flagship business in which SCG acquired shares in 2012, is the market leader of decorative surface materials in Vietnam and will be a key force strengthening SCGD toward its goal of becoming ASEAN leader.

Mr. Numpol Malichai, The Chief Executive Officer and President of SCG Decor Public Company Limited, stated: “Vietnam’s economy is growing, the middle class is expanding, and the real estate market is recovering in mid-range to premium residential projects that favor Glazed Porcelain (GP) tiles, leading to continuously increasing demand for these products.

PRIME has sales revenue of approximately 5,500 million baht with total production capacity of around 80 million square meters. The company plans to invest in expanding GP tile production capacity from 19 million square meters in 2025 to 25.6 million square meters in 2026, targeting expansion to 45 million square meters by 2030 to align with increasing demand. PRIME can also manage and control production costs of GP tiles to be able to competitive with the products from world-class competitors. This cost advantage supports PRIME to become the strategic production and export base of SCGD, strengthening the Regional Optimization strategy for sustainable growth.

In response to market change and maintain competitive level, PRIME invested in Biomass Gasifier systems at the Pho Yen plant to replace fossil fuel with biomass, thereby reducing energy costs and greenhouse gases, supporting Vietnam to become the strategic export hub to ASEAN and other countries. Furthermore, PRIME’s products meet customers’ needs of all market segments with product offering that covers innovative design and health and safety functions that are well-recognized throughout the Asian region. This supports business growth along with environmental care enhancement. Additionally, SCGD grows bathroom business and strengthens COTTO brand in the ASEAN market with over 44 distributors appointed in Vietnam, as well as growing Complementary products such as adhesive and grout, and others.”

SCG Low-Carbon Cement Supports Vietnam’s Infrastructure and Green Cities, Advancing Its Role as a Global Export Hub

SCG Cement and Building Materials has operated in Vietnam for more than 20 years, with 11 companies across the cement, roofing, and building materials businesses. With production bases located in the central and southern regions, the company supports domestic market growth while also serving as a strategic manufacturing hub for exports to global markets.

Mr. Wichet Chuchaeu, Country Director – Vietnam, SCG Cement and Building Materials Business, stated: “Vietnam’s economy continued to expand in 2025, driven by growth in the industrial and construction sectors. Accelerated government infrastructure investment has supported a steady recovery in demand for building materials and cement—especially low-carbon cement, whose growth aligns with national policies such as the 2050 Net Zero Emission commitment and the Green City policy, which targets that by 2050 at least 50% of new urban areas and 10% of all cities nationwide must meet government-defined green city criteria.”

The cement business has an annual production capacity of 3 million tons of clinker and 4 million tons of cement. Vietnam is the best-managed production-cost base among SCG’s regional cement operations, positioning the country not only as a strong domestic supply base but also as a key hub for exports. SCG currently exports both low-carbon cement and clinker to America, Europe, Africa, Oceania, and Asia.

SCG Cement continues to enhance environmental performance through the use of alternative and recycled materials, reduced coal consumption via alternative fuels such as biomass and refuse-derived fuel (RDF), and the implementation of Waste Heat Recovery (WHR) systems that significantly reduce natural resources, lower energy consumption and reduce CO2 emission.

These initiatives have earned SCG recognition through international environmental standards, including Singapore Green Building Product certification and International Environmental Product Declaration (EPD) System certification—affirming sustainability from production through to finished products.

“Our investment strategy and production cost optimization under the Regional Optimization concept have strengthened SCG’s competitiveness. Vietnam is now positioned as a central hub for manufacturing and exporting quality products to global markets. This supports growing demand for high-quality surface materials and environmentally friendly building materials, contributing to green city development and sustainably enhancing the quality of life for people in Vietnam and the region.”, Mr. Kulachet concluded.

Hashtag: #SCGCement

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

By K Raveendran As 2026 approaches, the global oil market is heading into a year that could decisively reshape price dynamics, fiscal planning in producing states, and energy security calculations for importing economies. The defining feature of the coming year is not demand destruction or geopolitical shock, but the growing weight of surplus supply. Market […]

The article 2026 Would Be A Year Of Lower Oil Prices And Crude Oversupply appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Thailand is moving quickly to reshape the digital map of Southeast Asia, with a surge in data centre construction and artificial intelligence investment shifting the country from a long-standing data transit role to a regional convergence point. New facilities clustered around Bangkok, Chonburi and the Eastern Economic Corridor are altering traffic flows, shortening latency across borders and drawing cloud, AI and content providers seeking scale outside established hubs.

The expansion reflects a change in how data moves across the region. Historically, much east-west traffic between South Asia, Greater China and the Pacific routed through Singapore before fanning out. With hyperscale campuses multiplying in Thailand, workloads are increasingly being processed and stored closer to end users, easing congestion and improving resilience. Network operators say the shift is visible in peering arrangements and cross-border fibre utilisation, with Bangkok emerging as a preferred interconnection point.

Policy has been a key driver. Authorities have offered investment incentives, fast-tracked permits and clarified power and land-use rules to attract large campuses. Grid upgrades and new renewable capacity have been prioritised to address the energy intensity of AI-ready facilities. The strategy aligns with a broader push to anchor higher-value digital services domestically, from cloud platforms and analytics to language models and industry-specific AI tools.

Global technology firms are responding. Cloud providers including Google, Microsoft and Amazon Web Services have expanded or announced investments to serve regional customers from Thai infrastructure, while chipmakers and systems integrators are working with local partners to deploy accelerated computing suited to AI training and inference. Industry executives cite Thailand’s central geography, improving power availability and maturing regulatory environment as decisive factors.

Domestic players are also scaling up. Telecom operators and property developers have formed joint ventures to build carrier-neutral sites, while energy companies are pairing data centres with solar and gas assets to stabilise supply. Universities and research institutes are increasing AI programmes to address talent gaps, with a focus on data engineering, cybersecurity and model governance. The goal is to ensure that infrastructure growth translates into local capability rather than pass-through capacity.

Competition across the region remains intense. Singapore retains strengths in finance, regulation and dense interconnection, but land and power constraints have pushed expansion elsewhere. Malaysia and Indonesia are adding capacity to serve fast-growing domestic markets, while Vietnam is drawing manufacturing-linked digital workloads. Against that backdrop, Thailand is positioning itself as a neutral aggregation point serving multiple neighbours within ASEAN, balancing scale with proximity.

Connectivity improvements underpin the shift. New submarine cable routes landing on both coasts, alongside terrestrial links to neighbouring countries, are diversifying paths and reducing dependence on a single choke point. Operators say this redundancy matters as enterprises distribute AI workloads across regions for cost, performance and regulatory reasons. Financial services, e-commerce and media firms are increasingly adopting multi-cloud strategies that favour locations offering reliable interconnection.

AI demand is shaping design choices. Facilities are being built with higher power densities, advanced cooling and space for accelerated hardware to support model training, while edge nodes closer to population centres handle inference and latency-sensitive tasks. This layered approach is changing how content delivery, language services and real-time analytics are deployed across Southeast Asia.

Boeing has appointed Omar Arekat as vice-president for the Middle East, Gulf and North Africa, a senior leadership move that places a long-serving regional executive at the helm of one of the company’s most strategically important markets. The appointment comes as aircraft demand across the region continues to be shaped by fleet expansion, widebody replacement cycles and sustained defence procurement.

Arekat, who will be based in Dubai, takes charge of Boeing’s commercial and defence engagement across a region where the aerospace group employs more than 700 people and supports over 30 commercial airline customers alongside 12 armed forces. His remit covers government relations, industrial partnerships, customer support and business strategy across markets ranging from the Gulf to North Africa.

The leadership change underscores Boeing’s intention to maintain continuity in a region that has long been central to its widebody sales, particularly for long-haul aircraft. Airlines in the Gulf operate some of the world’s largest fleets of twin-aisle jets, while carriers in North Africa are increasingly modernising fleets to support tourism recovery and regional connectivity. Defence ties, including fighter aircraft, rotorcraft, training systems and sustainment contracts, also form a significant pillar of Boeing’s regional presence.

Arekat is widely regarded within the industry as a seasoned regional hand. Before taking on the vice-presidential role, he held senior commercial positions within Boeing’s Middle East operations, working closely with airline leadership teams, civil aviation authorities and defence ministries. His career has been closely tied to the region’s aviation growth story, particularly the expansion of hub-based carriers and the emergence of maintenance, repair and overhaul ecosystems in the Gulf.

Boeing’s Middle East footprint extends beyond sales offices. The company has invested heavily in training, engineering and supply-chain partnerships, working with local firms on aerostructures, composites and advanced manufacturing. These initiatives are often framed as part of national industrial diversification strategies pursued by several Gulf states, where aerospace has been identified as a priority sector.

The appointment takes place against a complex commercial backdrop for Boeing globally. The manufacturer continues to navigate production stabilisation, regulatory scrutiny and supply-chain constraints, particularly in its narrowbody programmes. While these issues have been most visible in North America, their implications are closely watched by Middle East carriers, many of which have large order backlogs and tightly planned delivery schedules.

Industry analysts note that leadership continuity and strong regional relationships are especially important for Boeing in this market. Gulf airlines tend to place large, long-term orders, often timed around major fleet renewals or network expansion phases. Any disruption to deliveries can have cascading effects on capacity planning, route launches and leasing strategies, making senior-level engagement critical.

Defence remains another key dimension of Boeing’s regional strategy. Several armed forces across the Middle East and North Africa operate Boeing platforms, including fighter aircraft, transport planes, helicopters and surveillance systems. The company’s regional leadership is typically involved in government-to-government frameworks, offset arrangements and long-term sustainment planning, areas that require deep familiarity with local regulatory and security environments.

Arekat’s appointment also reflects a broader trend among global aerospace firms to elevate executives with strong regional expertise rather than rotating leadership from headquarters. This approach is seen as a way to navigate increasingly complex geopolitical, regulatory and industrial landscapes, particularly in regions where aviation policy, defence procurement and industrial strategy are closely intertwined.

Boeing has indicated that the Middle East and North Africa will remain a growth priority over the coming decade, driven by air traffic growth above the global average and continued investment in defence modernisation. The company’s market outlooks have consistently pointed to strong demand for both single-aisle aircraft, supporting intra-regional travel, and widebodies for long-haul connectivity linking the region to Asia, Europe and the Americas.