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Shiba Inu has begun to recover momentum in the cryptocurrency market as traders focus on a key technical threshold that could determine the token’s next direction. The digital asset has been trading around $0.0000059, approaching a resistance level near $0.0000062 that analysts say could trigger a stronger bullish move if broken. Market participants have increasingly highlighted the importance of this price band following weeks of consolidation that […]

Bitcoin has pushed firmly above its 50-day moving average, signalling strengthening bullish momentum in the digital asset market as traders and institutional investors watch for confirmation of a sustained upward trend. The move above the widely followed technical benchmark is viewed by market participants as a sign that buying pressure is building after months of volatile trading. Analysts say the development could encourage additional inflows into the […]

Arabian Post Staff -Dubai Compact convertible laptops continue to attract professionals and students seeking portability without sacrificing premium build quality. Dell’s XPS 13 2-in-1 7390, introduced as part of the company’s flagship ultraportable lineup, remains a point of reference in discussions about whether older high-end devices can still compete in a rapidly evolving laptop market. Dell launched the XPS 13 2-in-1 7390 as a redesigned convertible within […]

  • 63 percent of industrial leaders in Malaysia have already invested in energy efficiency and a further 33 percent plan to within 12 months – yet results remain fragmented and uneven
  • Energy consumes 25 percent of operating costs in Malaysia, and 61 percent say rising costs threaten profitability – but barriers have shifted since 2022, from cost to data, skills and organizational silos
  • Digital readiness in Malaysia reaches 84 percent, and 85 percent agree total cost of ownership should guide investment in energy efficiency – however, only 42 percent consistently apply this approach

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 16 March 2026 – Energy efficiency has become a board‑level margin and risk issue, but many industrial organizations in Malaysia are struggling to turn intent into sustained results, according to a new report from ABB.

Based on a survey of 2,700 senior decision‑makers across 15 countries and 15 industries, the study, developed in partnership with Sapio Research, finds that 63 percent of respondents in Malaysia have already invested in energy efficiency and a further 33 percent plan to within the next 12 months. Yet, progress is increasingly constrained by execution gaps.

Energy accounts for 25 percent of operating costs on average in Malaysia, and 61 percent of companies say rising energy costs continue to threaten profitability. For executives, the challenge has shifted from reacting to price spikes to managing persistent price volatility and structural exposure.

Compared to the global average, Malaysia shows an average energy cost burden (25% vs 25% globally), above-average profitability threat perception (61% vs 59% globally), and the highest level globally of digital readiness (84% vs 67% globally).

“Energy efficiency has become a foundation for business continuity, compliance, and long-term value creation. It’s a condition for market access,” explains S Kanavati, Vice President, Motion Services, ABB Malaysia Sdn Bhd. “Today, leaders care about optimizing energy use. What they struggle with is deployment, at scale, and over time.”

Execution, not intent, is now the differentiator

The study shows that digital readiness in Malaysia has reached 84 percent, with respondents already using or ready to deploy digital energy‑management tools. However, readiness alone does not guarantee results. Only 42 percent of Malaysia companies consistently apply total cost of ownership (TCO) when making investment decisions – despite 85 percent agreeing it should guide purchasing.

At the same time, responsibility for energy efficiency remains fragmented across executive management, operations, sustainability, maintenance and finance, with no single function clearly accountable.

“The barriers to energy efficiency have fundamentally changed,” adds Pearl Ong, Regional Service Manager, Asia, Motion Services, ABB Malaysia Sdn Bhd. ” Cost is no longer the main blocker for many organizations globally – it has fallen from 50 percent to 43 percent since 2022. What’s holding companies back now are organizational silos, skills gaps and a lack of usable data. That’s a critical inflection point. It tells us the challenge is helping businesses turn intent into repeatable execution.”

In Malaysia, the most significant barriers to energy efficiency are the costs (54%), the potential for downtime and disruption (44%), and a lack of specialist resource (36%).

Renewables alone are not enough

The research also points to a growing risk of ‘post‑renewables complacency’. Among organizations in Malaysia that have switched to renewable energy sources (43% of respondents), 37 percent report a reduced focus on energy efficiency.

While renewables lower the carbon intensity of energy, they do not reduce the volume consumed – meaning significant efficiency gains remain untapped, even for companies that have already secured green power. As a result, opportunities to strengthen resilience, control long‑term costs and reduce exposure to volatility are being left on the table.

When asked about their primary reasons for investing in energy efficiency, respondents in Malaysia said reducing energy costs (63%), complying with regulations (53%), and improving their resilience and competitiveness (49%).

The next phase of the industrial energy transition will be defined by delivery capability. While activity levels are high across businesses in Malaysia and globally, efforts remain shallow, lacking coordination and long‑term structure.

“To close the execution gap, ABB combines diagnostics with targeted modernization of motor‑driven systems, software‑based optimization tools, outcome‑based financing and lifecycle services,” concludes Pearl Ong. “End-to-end energy intelligence is another way we help industries outrun, leaner and cleaner – turning isolated initiatives into sustained performance gains.”

For the full report, visit this page.

Hashtag: #ABB

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

About ABB

ABB is a global technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. By connecting its engineering and digitalization expertise, ABB helps industries run at high performance, while becoming more efficient, productive and sustainable so they outperform. At ABB, we call this ‘Engineered to Outrun’. The company has over 140 years of history and around 110,000 employees worldwide. ABB’s shares are listed on the SIX Swiss Exchange (ABBN) and Nasdaq Stockholm (ABB).

ABB Motion, a global leader in motors and drives, is at the core of accelerating a more productive and sustainable future. We innovate and push the boundaries of technology to contribute to energy efficient, decarbonizing and circular solutions for customers, industries and societies. With our digitally enabled drives, motors and services we support our customers and partners to achieve better performance, safety and reliability. To help the world’s industries outrun – leaner and cleaner, we deliver motor-driven solutions for a wide range of applications in all industrial segments. Building on over 140 years of domain expertise in electric powertrains, our more than 23,000 employees across 100 countries learn and improve every day.

SINGAPORE – Media OutReach Newswire – 16 March 2026 – Months before the current geopolitical crisis hit global markets, Asia Pacific (APAC) executives had begun shielding their businesses by shortening supply chains and focusing on regional trade. Forvis Mazars’ C-suite barometer 2026: Adapting in uncertainty shows this proactive approach, alongside with efficiency-driving AI investments, is now key to navigating today’s global challenges.
While the number of APAC leaders expecting revenue growth had dropped to 67% (down from 80% in 2025) ahead of this year, underlying business confidence had notably strengthened to 41% (up from 30% in 2025). This contrast, lower growth expectations yet stronger confidence, highlights a resilience paradox: leaders are separating financial outlook from global turmoil, actively reinventing their operations to endure anticipated shocks rather than waiting for conditions to improve.
Key findings for APAC:
  • Measured confidence amidst geopolitical volatility: Amidst ongoing geopolitical volatility, APAC leaders remain acutely aware of the shifting landscape. Notably, 29% cite geopolitical instability and social unrest as a top trend impacting their organisation over the next 12 months, outpacing the global average of 26% and tying with regulatory pressures. Consequently, growth expectations are tempered: while 83% still anticipate positive growth in 2026, this trails the global average of 92% and marks a decline from 84% in 2025.
  • Expansion turns inward: Driven by geopolitical and tariff risks, expansion plans have shifted to regional neighbours, with China (36%), Australia (29%) and Hong Kong (29%) as the top destinations.
  • AI is a net job creator: Defying global displacement fears, 43% of APAC leaders say AI has created new roles in their organisation, significantly outpacing the 28% who say it replaced them.
  • The sustainability gap: While 91% are confident in meeting reporting compliance, only 73% feel prepared to manage the actual physical impacts of climate change.
The APAC resilience paradox: Building structural resilience despite lower revenue expectations
The anticipated dip in revenue expectations was primarily driven by converging pressures that have only intensified: economic uncertainty, political instability and intensifying competition. Yet, this foresight did not dampen investment. In a clear sign that businesses are fortifying their foundations, investment in human capital remains strong across the region, with 63% of APAC respondents plan to increase spending on acquiring new talent and 68% intend to upskill their workforce.
APAC’s underlying optimism is supported by a high level of operational readiness. Even as geopolitical instability remains a top concern, 76% of executives express confidence in their organisation’s preparedness to manage it. This sentiment extends to navigating supply chain challenges (85%) and new regulatory requirements (91%), showing that leaders are turning global disruptors into manageable areas of control.

Rick Chan, Managing Partner Singapore, Head of Audit & Assurance APAC and Member of Group Governing Board, Forvis Mazars, observed, “Asia Pacific has always had to move fast. The region’s businesses are built on agility – on reading the market, adjusting quickly and staying close to customers. That DNA is proving invaluable right now. The data shows leaders are transitioning from short-term firefighting to building lasting resilience. By investing in localised supply chains and AI, they are taking highly practical steps to insulate their operations against escalating geopolitical risks and secure long-term growth.”
The strategic pivot: strengthening intra-regional trade
The barometer reveals a fundamental change in how APAC firms plan to grow. Rather than facing global trade barriers head-on, executives are pivoting to markets closer to home. The top three expansion destinationsareChina (36%), Australia (29%) and Hong Kong (29%).
This inward shift is a direct, data-driven response to rising global tensions. A striking 67% of APAC leaders who revised their expansion plans this year cited geopolitical instability as the primary driver, making it the top catalyst for changing global strategies. Furthermore, 42% cite costs and operational issues due to tariffs as their biggest challenge when entering new markets. Facing these dual threats, APAC businesses have pragmatically shortened their supply chains to secure growth in neighbouring markets where geopolitical and tariff risks are more manageable.

The growth engine: AI as a workforce catalyst
In an environment where operational margins are under pressure, AI has become a critical tool for efficiency. Notably, the data indicate that AI is a net job creator in the region. 43% of APAC C-suite leaders report that AI has already prompted the creation of new roles, compared to 28% who report job replacements.

While 47% of executives rank AI as their top technology priority, their approach is disciplined. APAC leaders are prioritising high-impact applications such as forecasting (65%), knowledge acquisition, banking and retrieval (61%), client services, recommendations, relationships (61%), and operational efficiency, including automation (60%). Interestingly, they are achieving these gains with leaner investment; 41% (versus 35% globally) allocate less than 10% of their budget to AI, suggesting a focus on cost-effective, high-return AI adoption.
The blind spot: the sustainability gap – compliance versus operational resilience
While the report highlights strategic maturity in technology and trade, it reveals a critical disconnect in sustainability. Although 91% of APAC executives express confidence in meeting sustainability reporting compliance, only 73% feel prepared to manage the actual physical and operational impacts of climate change. This disparity indicates that while they are confident in meeting regulatory expectations, the priority now is to bridge the gap between compliance and reality, specifically by strengthening supply chains and building physical resilience against tangible climate risks.
Chester Liew, Partner, Head of Risk Consulting & Sustainability, Forvis Mazars in Singapore, said, “High confidence in reporting compliance is an encouraging baseline, but paperwork does not protect operations. The foresight APAC leaders are demonstrating in navigating geopolitical risks must now be urgently applied to climate risks. With regulatory timelines providing some breathing room, the prudent next step is to pivot resources from disclosure to physical defence – ensuring that supply chains and physical assets can actually withstand extreme weather and emerging environmental shocks.”
Forvis Mazars’ 2026 C-suite barometer survey captures insights from 3,012 senior executives worldwide prior to the US-Israeli war with Iran in February 2026. This independent research was conducted in October and November 2025 and captures the views of C-suite leaders at for-profit organisations with annual revenues of over US$1 million across 40 countries, including 260 respondents from seven markets in the Asia-Pacific region: Australia, China, Hong Kong, India, Japan, Singapore and South Korea. Findings reflect executive sentiments at the time of fieldwork.

Hashtag: #ForvisMazars #ForvisMazarsSingapore #APACBusiness #BusinessOutlook2026 #ExecutiveInsights #LeadershipTrends #AIAdoption #DigitalTransformation #Sustainability #ClimateResilience




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

Forvis Mazars in Singapore

About Forvis Mazars in Singapore
Forvis Mazars Group SC is an independent member of Forvis Mazars Global, a leading professional services network. Operating as an internationally integrated partnership in over 100 countries and territories, Forvis Mazars Group specialises in audit, tax and advisory services. The partnership draws on the expertise and cultural understanding of over 40,000 professionals across the globe to assist clients of all sizes at every stage in their development. Forvis Mazars in Singapore is part of the Forvis Mazars Group. Our clientele benefits from the combined expertise of 400+ Singapore-based professionals and our international team.

About Forvis Mazars APAC
Present in Asia Pacific since 1997, Forvis Mazars operates in more than 15 countries and territories in the region and draws on the expertise of over 10,100 professionals in more than 60 offices. We work as one integrated team, leveraging expertise, scale and cultural understanding to deliver exceptional and tailored services in audit and accounting, as well as tax, financial advisory, outsourcing, consulting, sustainability and legal services.

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HONG KONG SAR – Media OutReach Newswire – 16 March 2026 – Professional credit management firms CollectForU Expert and Debt Hunter today jointly released a comprehensive industry observation report regarding the financial health of local enterprises. The report indicates that small and medium enterprises (SMEs) in Hong Kong are currently facing significant liquidity risks as payment cycles across supply chains continue to lengthen. This trend has resulted in a critical imbalance between recorded profits and actual cash flow.

CollectForU Expert and Debt Hunter Jointly Report Critical Credit Risk Management Gaps Among Hong Kong SMEs
CollectForU Expert and Debt Hunter Jointly Report Critical Credit Risk Management Gaps Among Hong Kong SMEs

Widespread Absence of Credit Defense Mechanisms
According to the findings, more than 70% of Hong Kong SMEs lack robust credit defense mechanisms. The report highlights that many businesses fail to perform in-depth credit due diligence on new clients or establish firm payment thresholds.

Alex Yeung, founder of CollectForU Expert, noted that a high percentage of SMEs remain in a state of low defense regarding credit management. Yeung emphasized that bad debts in B2B transactions often have a domino effect. He stated that if a company focuses solely on gross margins while ignoring the operational stability of a counterparty, a single large-scale default could potentially eliminate an entire year of net profit. He recommends that businesses establish standardized defense systems including background checks, credit limit settings, and continuous monitoring to ensure operational safety.

The 90-Day Recovery Threshold
The joint report identifies the 90-day mark as a critical watershed for the successful recovery of overdue accounts. Many SME owners hesitate to take action during the early stages of delinquency to preserve client relationships, which inadvertently increases the risk of asset dissipation or insolvency proceedings by the debtor.

Obis Tsang, founder of Debt Hunter and a professional mediator, stated that the success rate of commercial debt recovery is inversely proportional to the duration of the delinquency. Once a debt is overdue by more than 90 days, the probability of recovery decreases significantly. Tsang suggested that early intervention by specialized third parties should be viewed as a rational tool for commercial negotiation. Engaging mediation-focused professionals can facilitate viable repayment plans and prevent the loss of claims due to excessive delays.

Strategic Recommendations for SMEs
In response to the current economic environment, both institutions advise SMEs to adopt a proactive approach to credit defense rather than waiting for defaults to occur:

  • Strengthen Pre-Contract Screening: Implement standardized credit assessments before finalizing commercial agreements.
  • Establish Warning Mechanisms: Define clear payment deadlines and take immediate action when clients breach these thresholds.
  • Seek Timely Professional Assistance: Introduce expert third-party advice early in the delinquency period to stabilize cash flow.

CollectForU Expert and Debt Hunter intend to continue their collaboration to standardize credit management practices and enhance the financial resilience of Hong Kong SMEs.
Hashtag: #CreditManagement #AccountsReceivable #CollectForU #DebtHunter #DebtCollection #HongKongSMEs




Wechat: DebtHunterHK

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

About Debt Hunter

Debt Hunter is a commercial debt resolution agency founded by professional mediator Obis Tsang. The firm prioritizes negotiation and mediation as its core service philosophy. Debt Hunter was awarded the “Mediate First” Pledge Star Logo Award by the Hong Kong Department of Justice, in recognition of its commitment to mediation practices. Recognized by HackerNoon as a “Startups of the Year 2023” in Hong Kong, the firm employs a strategy involving legal compliance, behavioral insights, and big data to resolve commercial disputes. The agency has processed over 10,000 commercial cases to provide rational asset protection for its clients.

Website:

About CollectForU Expert

CollectForU Expert was founded by Alex Yeung, who possesses over 15 years of practical experience in commercial debt recovery and credit management. The firm provides integrated solutions ranging from credit risk early-warning systems to accounts receivable recovery, with a focus on maintaining corporate reputation and long-term partnerships. CollectForU Expert utilizes behavioral psychological analysis and commercial negotiation techniques to resolve complex financial disputes and helps SMEs optimize internal credit processes.

Website:

Switzerland’s federal government is preparing to determine how much additional capital UBS Group AG must hold as regulators complete a major overhaul of banking rules following the collapse of Credit Suisse. The decision, expected in April, will set the tone for one of the most significant regulatory shifts in the country’s financial sector since the emergency takeover that reshaped Swiss banking. Authorities are weighing stricter capital requirements […]

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Stalled software development for the F-35 Lightning II has drawn scrutiny from Pentagon auditors, even as the stealth fighters continue to fly operational missions linked to tensions with Iran, underscoring a widening gap between battlefield deployment and technological modernisation. An annual assessment by the Pentagon’s weapons testing office found that efforts to introduce new software capabilities for the aircraft failed to produce additional combat functionality during the […]

Central Board of Secondary Education has cancelled all Class 12 board examinations scheduled between March 16 and April 10 across several Middle Eastern countries, citing security concerns linked to the widening conflict involving Iran and regional powers.

The decision affects CBSE-affiliated schools in Bahrain, Iran, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates, where thousands of expatriate students were preparing for the final phase of the 2026 board examination cycle. The board said all remaining and previously postponed examinations for Class 12 in these locations stand cancelled and that an alternative evaluation method for students will be announced separately.

Officials indicated that safety considerations were the primary factor behind the move as tensions and military activity across parts of West Asia disrupted normal operations, including international travel and school schedules. Schools across the region had already reported logistical difficulties, uncertainty among students and disruptions to classroom teaching as governments issued security advisories and airlines altered flight routes.

The cancellation marks the culmination of a series of escalating measures by the board over the past weeks. Earlier in March, several examinations scheduled for overseas centres in the region were first postponed following a review of the geopolitical situation. Papers scheduled between March 9 and March 11 were delayed, with authorities saying conditions would be reassessed before deciding whether to continue with the examination calendar.

Subsequent circulars extended the postponement to additional dates as regional uncertainty deepened, affecting exam centres that serve large expatriate student communities in Gulf states. The board had already cancelled Class 10 examinations in the region earlier in the month, indicating that authorities were increasingly concerned about the ability of schools to conduct secure and orderly examinations during the conflict.

CBSE-affiliated institutions in the Gulf represent a significant segment of the overseas education network linked to the board’s curriculum. More than 150 schools operate across West Asia under CBSE affiliation, serving children of expatriate professionals working in sectors ranging from construction and healthcare to technology and finance. These schools follow the same academic calendar and examination framework as institutions in India, with board examinations playing a decisive role in university admissions.

Students and parents across the region had been closely monitoring official notifications as the situation evolved. The postponements earlier triggered confusion among candidates preparing for key subjects, particularly because board examinations typically determine eligibility for higher education programmes both in India and internationally.

Education administrators say the uncertainty surrounding examinations has added pressure on students who had spent months preparing for the crucial assessments. Community organisations representing expatriate families in Gulf countries had appealed to authorities for a decision that would prioritise student welfare and minimise academic disruption.

School leaders in the United Arab Emirates and Saudi Arabia described the board’s decision as a difficult but necessary step given the circumstances. Administrators had warned that maintaining examination schedules amid heightened security concerns could expose students, invigilators and school staff to unnecessary risks, especially in locations where travel advisories or temporary airspace restrictions complicated logistics.

Education experts note that examination cancellations in overseas centres remain rare, reflecting the exceptional circumstances affecting the region. Board examinations are normally conducted simultaneously across India and international centres to maintain standardised assessment procedures.

Authorities are now expected to announce a mechanism for evaluating the performance of affected students. Education analysts say possible options could include internal assessment scores, practical examination results or a formula combining school-based evaluations with earlier academic performance. Similar methods have been used during extraordinary disruptions in the past to ensure students are not disadvantaged in university admissions.

Universities and higher-education institutions that admit CBSE students are also monitoring developments closely. Admission timelines in many countries coincide with the board examination season, making timely declaration of results critical for students applying to degree programmes abroad.

Parents and teachers say clarity on the evaluation process will be essential in the coming days. Many schools have begun counselling sessions and online support programmes to help students manage anxiety and remain focused on academic planning despite the upheaval.

Arabian Post Staff -Dubai Aluminium Bahrain BSC, operator of the world’s largest single-site aluminium smelter, has begun a phased shutdown of part of its production capacity in an effort to conserve dwindling raw-material supplies as shipping routes in the Gulf face severe disruption. The company, widely known as Alba, confirmed that it has taken three production lines offline, representing about 19 per cent of its annual output […]

Chainlink’s native token LINK climbed more than 2 per cent as Bitcoin surged beyond the $73,000 threshold, reinforcing a broader recovery across the cryptocurrency market and drawing renewed attention to blockchain infrastructure projects tied to decentralised finance. Market data shows LINK trading near $9.2–$9.3 during the rally, giving the token a market capitalisation of roughly $6.5 billion and placing it among the leading digital assets by value. […]

OpenAI is preparing to expand the capabilities of its widely used chatbot by bringing advanced video-generation technology from its Sora model into ChatGPT, a move that could transform how users interact with artificial intelligence and reshape the competition among global AI platforms. Plans under discussion within the company involve integrating Sora’s text-to-video generation system directly into ChatGPT, allowing users to create short videos simply by typing prompts […]

  • Four new Changan models debuted in Mexico: CHANGAN Alsvin PLUS, CS35 MAX, new CS55 PLUS, and CS75 PLUS.
  • With responsive powertrains, intelligent safety and spacious interiors, the four models delivered proven performance and comfort.

MEXICO CITY, MEXICO – Media OutReach Newswire – 15 March 2026 – Changan has launched four all-new upgraded models in Mexico—the CHANGAN ALSVIN PLUS sedan and three SUVs: the CS35 MAX, CS55 PLUS, and CS75 PLUS—responding to growing market demand for vehicles that integrate technology and efficiency.

Following the launch, more than 150 dealers, investors, and media had a 287-km test drive across Yucatán Peninsula as part of the 2026 Changan Global Testing Season. The route, from Cancún to Playa del Carmen via Chiquilá and Holbox, spanned highways, coastal roads, and rural paths, where stability, intelligence, safety, and long-distance comfort were proven.

Performance Meets Comfort: New Models for Every Journey

Powered by the BlueCore 3.0 engine and 7-speed DCT, the new CHANGAN CS55 PLUS delivered responsive performance across the route. Its Ark Cage body structure combined with 12 intelligent safety features, including IACC, LCC, FCW, and AEB, and 540° camera assist, provided reassuring protection on the rugged and windy jungle roads and coastal highways.

The ADAS system was also integrated into the CS75 PLUS to reduce driver fatigue, while the 37-inch triple-screen display provided easy access to navigation and entertainment. The ventilated front seats ensured comfort in temperatures exceeding 30°C, and the zero-gravity passenger seat enhanced relaxation with a massage function during extended drives.

All four models feature multi-screen smart cockpits with wireless CarPlay/Android Auto, voice control, OTA updates, and remote app control. Spacious interiors and the BlueCore 3.0 powertrain system also extend to the Alsvin PLUS and CS35 MAX, delivering a blend of performance and comfort.

Growth in Action: Changan’s Local Commitment to Mexico

In 2025, Changan achieved over 56% sales growth in Latin America, with Mexico growing 184%. In terms of local operations, a new 8,000+ m² parts warehouse, operational in early 2026, will further enhance service capacity and parts supply. Mexico has become increasingly central to Changan’s global footprint.

This commitment was on full display in Yucatán. The route captured the country’s iconic landscapes while reflecting real-world driving conditions: unpredictable weather and varied terrain. Changan’s expanded portfolio reaffirms its dedication to delivering products that combine global innovation with local needs.
Hashtag: #Changan

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

Bitcoin surged past the $72,000 mark on 13 March, buoyed by a sustained inflow of institutional capital into spot exchange-traded funds and improving market sentiment following a volatile start to the year. The rally lifted the world’s largest cryptocurrency to its highest level in more than a week, strengthening a rebound that has unfolded alongside growing interest from large investors and asset managers. Market data showed Bitcoin […]

Former UK prime minister Boris Johnson has triggered a sharp debate across financial and technology circles after describing Bitcoin as a “giant Ponzi scheme”, drawing swift rebuttals from leading cryptocurrency advocates including MicroStrategy chairman Michael Saylor and other industry figures. Johnson made the remarks in a newspaper column in which he questioned the long-term value of cryptocurrencies, arguing that their prices rely heavily on a continuous influx […]

Dubai-based technology firm Solstice Data has signed a memorandum of understanding with the Kerala government to invest ₹52,600 crore in a large-scale data infrastructure project at the KINFRA Industrial Park in Mattannur, marking one of the biggest technology investments proposed for the state’s digital economy. The agreement envisions the development of advanced artificial intelligence-driven high-performance computing data centres on approximately 100 acres of land in Kannur district, a move officials say could reshape the region’s industrial profile.

The MoU was exchanged in Thiruvananthapuram between Raj Babu Thulaseedharan, Solstice Data’s country head for India, and Santhosh Koshy Thomas, managing director of Kerala Industrial Infrastructure Development Corporation, commonly known as KINFRA. The signing ceremony took place in the presence of Industries Minister P Rajeev and Director of Industries P Vishnuraj, signalling strong administrative backing for the project.

Solstice Data, headquartered in Dubai, specialises in designing and operating high-performance computing facilities that support artificial intelligence applications, cloud services and large-scale data processing. The company has overseen more than sixty data-centre projects internationally, including facilities in North America. The planned Kerala campus is expected to incorporate similar advanced infrastructure, supporting large computing workloads used by artificial intelligence developers, research institutions and global technology companies.

Officials involved in the negotiations describe the proposed facility as a strategic attempt to position Kerala within the expanding global data-centre ecosystem. The investment is scheduled to be implemented over a five-to-seven-year period, with phased development of computing infrastructure and supporting utilities. Such projects typically require heavy investments in power systems, cooling technology, fibre-optic connectivity and advanced cybersecurity frameworks, all of which are considered essential to attract international technology firms that rely on reliable data-processing capacity.

Mattannur’s KINFRA Industrial Park was selected as the project site after infrastructure upgrades created additional industrial land within the complex. The park covers about 175 acres, with roughly 123 acres designated for industrial use after internal roads, power supply and other facilities were developed. Officials said the Solstice Data project will occupy the remaining 100 acres currently available for new enterprises within the park, effectively completing the industrial allocation of the site.

Kerala’s industry department has framed the project as part of a broader push to attract technology-driven investments beyond the state’s established IT corridors. While cities such as Kochi and Thiruvananthapuram host major software parks and technology campuses, northern districts have been seeking large industrial anchors to stimulate employment and infrastructure development. Officials believe a data-centre cluster could generate both direct and indirect jobs, ranging from engineering and maintenance roles to specialised positions in artificial intelligence research and cloud-computing operations.

Industries Minister P Rajeev said the planned facility is expected to open significant digital opportunities for the state’s technology ecosystem. According to government officials, the project will be developed in collaboration with local partners, potentially creating links with educational institutions, startups and software companies working in artificial intelligence and data analytics. The state has promoted digital innovation as a key pillar of its industrial strategy, aiming to expand sectors such as fintech, health-tech and data science.

Data-centre investments have gathered momentum globally as demand for computing power rises with the growth of artificial intelligence models, streaming services and cloud-based applications. Major technology companies have been building hyperscale facilities capable of handling vast quantities of data, often requiring reliable electricity supply and extensive fibre-optic connectivity. Industry analysts say regions that provide stable power networks, regulatory clarity and strong connectivity stand to attract significant investments from technology infrastructure firms.

Kerala has gradually positioned itself as a destination for knowledge-based industries through investments in IT parks, research institutions and digital-skills programmes. Earlier technology initiatives in the state have involved collaborations with global companies and overseas investors. Observers see the Solstice Data project as another example of cross-border partnerships shaping technology infrastructure, particularly with firms based in the Gulf that maintain commercial ties with southern states.

Local authorities in Kannur district view the project as a potential catalyst for broader economic activity around Mattannur, an area already connected by road networks and the nearby Kannur International Airport. Industrial planners say large technology campuses often stimulate the creation of ancillary industries including power equipment suppliers, cooling system manufacturers and digital-services firms.

Solstice Data’s decision to establish an artificial-intelligence-focused data-centre campus also reflects the intensifying competition among regions seeking to host digital infrastructure. Governments across Asia have introduced policies aimed at attracting such projects through land allocation, tax incentives and investments in high-capacity electricity grids.

Arabian Post Staff -Dubai Firefighters and emergency teams contained a blaze in the emirate of Fujairah after debris from an intercepted drone fell in the area on Saturday, authorities said, with no injuries reported. Officials confirmed that air-defence systems intercepted the unmanned aerial vehicle before it reached its intended target, but fragments from the interception landed on the ground and ignited a fire. Civil defence crews responded […]

  • Long range, premium comfort, and five-star safety—the CHANGAN DEEPAL S05 delivers a high-tech electric driving experience.
  • Cutting-edge EV technology that brings together global design, engineering, and manufacturing.

BIRMINGHAM, UK – Media OutReach Newswire – 14 March 2026 – Changan UK has launched the all-electric CHANGAN DEEPAL S05, a compact C-SUV blending premium design, intelligent technology, and everyday practicality.

“The CHANGAN DEEPAL S05 is designed for people who want an electric SUV that fits effortlessly into everyday life,” Nic Thomas, Managing Director of Changan UK, said, “It delivers reassuring performance, thoughtful comfort, and technology that simply works—all without the premium price tag. ”

The CHANGAN DEEPAL S05: Range, Comfort, Safety

Powered by a 68.8kWh LFP battery, the CHANGAN DEEPAL S05 delivers WLTP ranges of up to 303 miles (RWD) and 278 miles (AWD). Inside, the aircraft-inspired cockpit features vegan leather heated and ventilated front seats, including a full-recline zero gravity passenger seat. A 15.4-inch rotating touchscreen, AR-HUD, 14-speaker audio system, and wireless smartphone connectivity complete the high-tech cabin.

Safety is central to the CHANGAN DEEPAL S05, earning it a five-star Euro NCAP rating. It comes standard with 17 intelligent driver assistance systems, enabling L2 autonomous driving through a network of cameras, radars, and ultrasonic sensors—including a 540-degree surround-view camera system.

More Than a Model: How the CHANGAN DEEPAL S05 Embodies a Global Vision

Changan is now present in 16 European markets, with launches in Italy, Spain, and Poland coming soon. The UK anchors this footprint as a strategic hub for local development. Leading this momentum is the CHANGAN DEEPAL S05, a model built on a truly global foundation. Designed at Changan Design Center Europe in Turin and calibrated at the Changan UK R&D Centre in Birmingham, it has been meticulously tuned for local roads.

For the UK market, the CHANGAN DEEPAL S05 is produced at Changan Rayong Factory in Thailand—established in 2023 as a dedicated hub for global right-hand drive markets. With approximately 60% local sourcing, the facility ensures consistent quality, testing, and supply, while its strategic location enables worldwide logistics. More than a new model, the S05 stands as a testament to Changan’s global ambitions—integrating design, engineering, and production across continents to deliver a truly international electric vehicle.

Hashtag: #Changan

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

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Featuring Over 40 Interactive and Game Booths Showcasing Engineering Innovation

HONG KONG SAR – Media OutReach Newswire – 14 March 2026 – To celebrate its 50th Anniversary, The Hong Kong Institution of Engineers (hereafter “the HKIE”) has organised “The HKIE ‘Together we RISE’ Carnival” (hereafter “the Carnival”) at High Lawn, Art Park, WestK. The opening ceremony took place today, officiated by Ms Bernadette LINN Hon Ho, JP, Secretary for Development of the HKSAR Government; Mr YE Shuiqiu, Deputy Director-General of the Department of Educational, Scientific and Technological Affairs of the Liaison Office of the Central People’s Government in the Hong Kong Special Administrative Region; Ir Ricky LAU Chun Kit, JP, Permanent Secretary for Development (Works); and Ir The Hon Aaron BOK Kwok Ming, Legislative Council Member (Functional Constituency – Engineering) cum Past President of the HKIE. They were joined by Ir Alice CHOW, President of the HKIE; Ir Prof Frank CHAN Fan, GBS, JP, Senior Vice President of the HKIE; Ir Rupert LEUNG Kwok Yiu, Vice President of the HKIE; Ir William LUK Wai Lam, Vice President of the HKIE and Ir Prof Alfred SIT Wing Hang, GBS, JP, Chief Executive and Secretary of the HKIE to kick off this two-day event.

Group Photo of officiating guests at the Opening Ceremony, including Ms Bernadette LINN Hon Ho, JP, Secretary for Development(4th right); Mr YE Shuiqiu, Deputy Director-General of the Department of Educational, Scientific and Technological Affairs of the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region(4th left); Ir Ricky LAU Chun Kit, JP, Permanent Secretary for Development (Works) (3rd left); Ir The Hon Aaron BOK Kwok Ming, Legislative Council Member (Functional Constituency - Engineering) cum Past President of the HKIE(3rd right); Ir Alice CHOW, President of the HKIE(middle); Ir Prof Frank CHAN Fan, GBS, JP, Senior Vice President of the HKIE (2nd left); Ir Rupert LEUNG Kwok Yiu, Vice President of the HKIE(2nd right); Ir William LUK Wai Lam, Vice President of the HKIE(1st right); and Ir Prof Alfred SIT Wing Hang, GBS, JP, Chief Executive and Secretary of the HKIE(1st left).
Group Photo of officiating guests at the Opening Ceremony, including Ms Bernadette LINN Hon Ho, JP, Secretary for Development(4th right); Mr YE Shuiqiu, Deputy Director-General of the Department of Educational, Scientific and Technological Affairs of the Liaison Office of the Central People’s Government in the Hong Kong Special Administrative Region(4th left); Ir Ricky LAU Chun Kit, JP, Permanent Secretary for Development (Works) (3rd left); Ir The Hon Aaron BOK Kwok Ming, Legislative Council Member (Functional Constituency – Engineering) cum Past President of the HKIE(3rd right); Ir Alice CHOW, President of the HKIE(middle); Ir Prof Frank CHAN Fan, GBS, JP, Senior Vice President of the HKIE (2nd left); Ir Rupert LEUNG Kwok Yiu, Vice President of the HKIE(2nd right); Ir William LUK Wai Lam, Vice President of the HKIE(1st right); and Ir Prof Alfred SIT Wing Hang, GBS, JP, Chief Executive and Secretary of the HKIE(1st left).

With the theme “Together we RISE”, the Carnival aims to highlight the engineering profession’s outstanding contributions to social progress, technological innovation, and sustainable development. Running from 14-15 March, the Carnival features over 40 interactive booths and game zones designed by various organisations and HKIE divisions. The booths showcase exciting innovations including robot and robot dog demonstrations, model displays, VR experiences, UAV flight simulators, a water pumping robot, and more, offering enjoyable, hands-on exploration of the diversity and fun of engineering for the whole family over the weekend.

The Carnival also features a travelling exhibition, “Engineering Legacy: 50 Years of Excellence”, celebrating 19 excellent engineering projects honoured with The HKIE 50th Anniversary Legacy Award. The exhibition highlights the remarkable achievements and milestones that have shaped Hong Kong’s engineering landscape over the past five decades. In addition, the winning entries from the “Together we RISE” school competition held by the HKIE earlier will be showcased, reflecting the creativity and imagination of the younger generation in building sustainable and innovative cities.

Ir Alice CHOW, President of The Hong Kong Institution of Engineers, remarked, “The Hong Kong Institution of Engineers has grown alongside Hong Kong over the past 50 years, witnessing and contributing to many of the city’s landmark infrastructure and urban development projects. Through the Carnival, we hope the public can gain a deeper understanding of the vital role engineers play in society, while inspiring the younger generation’s interest and creativity in the engineering profession. ‘Together we RISE’ is not just a theme; it also expresses our commitment to fostering innovation, uniting the industry, and building the future, leveraging Hong Kong’s unique advantages of being ‘backed by our motherland and connected to the world’!”

The HKIE 50th Anniversary “Together we RISE” Carnival

Date and time: 14 March 2026 (Sat) 10am-6pm

15 March 2026 (Sun) 10am-6pm

Location: High Lawn, Art Park, WestK
Fee: Free of charge

Hashtag: #HKIE

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

About the HKIE

The Hong Kong Institution of Engineers (HKIE) – previously The Engineering Society of Hong Kong – was founded in 1947. In 1975, the HKIE was incorporated under The Hong Kong Institution of Engineers Ordinance, Chapter 1105 of the Laws of Hong Kong. Today the HKIE has over 32,000 members, of which around 17,000 are Corporate Members.

The Institution aims to bring together engineers of different disciplines for their common good. The HKIE is committed to upholding the quality of membership, and sets standards for the training and admission of engineers from 22 engineering disciplines. It also has strict rules governing members’ conduct and is dedicated to raising the ethical standards of professional engineers in Hong Kong. For more information about the HKIE, please visit

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