XIAMEN, CHINA – Media OutReach Newswire – 12 Jun 2026 – On June 12, the 7th Cross-Strait Financial Forum and Taiwan-Funded Enterprise Development Forum was held in Xiamen.The event was jointly organized by the Fujian Provincial Financial Regulatory Administration, the Xiamen Municipal Financial Regulatory Administration, and the Association of Taiwan Investment Enterprises on the Mainland, hosted by Xiamen Jinyuan Investment Group, and executed by Jinyuan Uni-President Securities. Under the theme “Three Years of Integration Embarking on a New Journey, United Development Writing a New Chapter,” the forum focused on cross-strait financial cooperation, expanded financing channels for Taiwan-funded enterprises, industrial transformation and upgrading, and financial innovation between Fujian and Taiwan. It aimed to support Fujian’s efforts to accelerate the development of the first-choice home for Taiwan compatriots and Taiwan-funded enterprises on the mainland.
This year’s forum is an important supporting event of the 18th Cross-Strait Forum. During the event, nine Fujian-Taiwan financial integration projects were signed, with a total value of RMB 9.1 billion. The projects cover a wide range of financial services across areas including cross-strait industrial cooperation, water supply security for public welfare, capacity upgrades for long-established Taiwan-funded enterprises, technology and innovation industries, and modern agriculture. These initiatives continue to unlock the benefits of financial policies, promote shared access to financial resources for Taiwan compatriots and Taiwan-funded enterprises, and inject new momentum into industrial integration between Fujian and Taiwan.
At the forum, the Cross-Strait Wealth and Asset Management Cross-Sector Alliance was officially inaugurated. Supported by Jinyuan Group and jointly proposed by its affiliated financial institutions, the alliance was co-founded by Xiamen International Trust, Jinyuan Uni-President Securities, Yuanxin Yongfeng Fund, Fubon Bank (China), Junlong Life Insurance, and Xiamen Chang Gung Hospital, among others. Centered on serving the wealth management and asset management needs of people on both sides of the Taiwan Strait, the alliance aims to build a one-stop service platform covering asset allocation for Taiwan compatriots and Taiwan-funded enterprises on the mainland, family trusts and wealth succession planning, pension finance, and healthcare protection solutions.
The forum also unveiled a series of innovative financial achievements related to Taiwan. The banking industry’s first group standard dedicated to Taiwan-related financial services on the mainland, the “Specification for Taiwan-Related Financial Services of Banking Financial Institutions,” was officially released. At the same time, the “Bailufen” Taiwan Compatriot Financial Service Platform was introduced, further enhancing financial services for Taiwan compatriots living in Fujian and supporting the development of Taiwan-funded enterprises.
Hashtag: #StraitsFinancialForum
The issuer is solely responsible for the content of this announcement.
Taiwan is moving to anchor its alliance with Paraguay through a data-centre project expected to require at least $200 million in its first phase, tying diplomatic survival to artificial intelligence, clean energy and strategic infrastructure.
The plan, centred on a sovereign AI computing facility in Paraguay, gives Taipei a rare large-scale investment platform in South America as Beijing intensifies pressure on Asunción to cut formal ties. Paraguay remains Taiwan’s only diplomatic partner on the continent and one of just 12 governments worldwide that maintain official relations with Taipei.
The project emerged from a memorandum signed in Taipei during President Santiago Peña’s visit to Taiwan, where he met President Lai Ching-te and senior technology officials. The proposed centre is intended to combine Taiwan’s computing and semiconductor expertise with Paraguay’s abundant hydroelectric power, a resource the Peña administration wants to convert into higher-value digital services.
Paraguay’s authorities have described the first stage as a 10-megawatt data centre focused largely on state use, including secure processing of public records, health data, tax systems and other sensitive government information. Investment for that phase has been estimated at between $200 million and $300 million. Officials have also outlined broader ambitions for later stages that could lift power demand to 100 megawatts and eventually 1,000 megawatts, though those targets remain politically and commercially demanding.
The initiative is being framed by both governments as a sovereign AI project rather than a conventional colocation facility. That distinction is important for Asunción, which wants to avoid being seen merely as a low-cost power host for foreign cloud companies. The official pitch is that Paraguay would retain strategic use of the computing capacity while Taiwan helps provide technology, financing channels and international credibility.
For Taiwan, the political stakes are clear. Paraguay established diplomatic relations with Taipei in 1957 and has resisted repeated calls to recognise Beijing. China claims Taiwan as part of its territory and rejects any formal state-to-state relationship with the island. Taipei rejects Beijing’s sovereignty claim and has sought to hold its remaining partners by shifting assistance from grants and symbolic diplomacy towards trade, investment, technology and education.
Peña has defended the relationship as one based on democracy, freedom and institutions, saying the partnership must produce tangible opportunities for Paraguayans. During the Taipei visit, he also reiterated support for Taiwan’s participation in international organisations and criticised pressure directed at the island. Beijing responded sharply, urging Paraguay to “stand on the right side of history” and sever ties with Taipei.
The diplomatic contest has domestic resonance in Paraguay. Agribusiness exporters and some opposition figures have long argued that formal ties with Taiwan limit access to China’s vast market, particularly for soybeans and beef. Peña’s government is trying to counter that argument by showing that the Taiwan relationship can deliver higher-value investment, technology transfer and market access, including Taiwan’s decision to open its market to Paraguayan poultry.
The data-centre proposal fits into a wider push to position Paraguay as a digital infrastructure hub. The country draws most of its electricity from major hydroelectric assets, including Itaipú and Yacyretá, giving it one of the cleanest power profiles in the region. That advantage is attracting interest from data-centre developers, crypto-mining firms and AI infrastructure companies seeking cheap, low-carbon electricity at a time when demand for computing power is rising worldwide.
Yet the plan faces serious tests. Data centres require not only electricity, but firm grid delivery, fibre connectivity, cooling systems, specialised construction, cybersecurity rules and skilled engineers. Paraguay’s digital workforce remains limited, and critics have questioned whether the country can support an AI facility on the scale described by officials. Energy planners also face pressure to balance industrial demand against future domestic consumption and export commitments.
Regional experience offers both encouragement and caution. Latin America is drawing heavier investment from cloud and AI companies because of renewable energy, growing digital markets and geopolitical diversification. Brazil, Chile, Mexico and Uruguay have advanced faster because they combine power access with deeper telecoms networks, larger technology labour pools and clearer regulatory pathways. Paraguay’s advantage lies in energy supply, but its success will depend on whether infrastructure, governance and talent can catch up.
Arabian Post Staff -Dubai Dubai Future Foundation has graduated 160 students from the second cohort of the Dubai TKS – Knowledge Society programme, marking a sharp expansion of the emirate’s effort to build early-stage talent in artificial intelligence, robotics, climate technology, biotechnology and advanced computing. The students, aged 13 to 17 and drawn from a range of nationalities, completed the 10-month programme at a ceremony held at […]
Elon Musk is on the brink of becoming the world’s first trillionaire as SpaceX prepares to open trading on Nasdaq after pricing the largest initial public offering on record, a deal that places one of the most strategically important technology companies at the centre of a debate over wealth, markets and power. Space Exploration Technologies Corp. priced 555,555,555 Class A shares at $135 each, raising about $75bn […]
Zed has launched a digital wallet offering 15 per cent cashback on every ride in Dubai, escalating competition in a transport market where app-based booking, loyalty incentives and faster fleet access are becoming central to commuter choice. The Dubai-built ride-hailing platform said the Zed Wallet will credit cashback automatically after each eligible journey, with rewards capped at Dh20 per trip and redeemable against future rides booked through […]
Mistral AI is in talks to raise about €3 billion at a valuation of roughly €20 billion, a potential deal that would sharply lift the Paris-based artificial intelligence company’s standing among Europe’s most valuable private technology groups. The discussions remain fluid and may still change in size, timing or investor composition. If completed near the terms being discussed, the financing would mark another significant jump for a […]
HAMILTON, BERMUDA – Media OutReach Newswire – 12 June 2026 – Verdant Rock Limited has received a BBB+ Long-Term Insurer Financial Strength Rating with a Stable Outlook from Fitch Ratings effective 12 June 2026. Combined with a Class 3B Insurer license from the Bermuda Monetary Authority (BMA), effective 6 May 2026, the company is in a strong position to extend financial guarantees on bonds and loans in emerging markets for beneficiaries globally. We provide irrevocable, unconditional, on-demand financial guarantees designed to qualify as eligible credit protection under Basel and major insurance solvency regimes. We are focused on private liabilities and do not cover sovereigns, municipalities or provinces. Bonds and loans issued by emerging market corporations and banks, structured financings, asset-backed (ABS) and mortgage-backed (MBS) exposures in securities or loan format, and project finance are all within the Company’s remit.
“The infrastructure and capital markets we are targeting have been systematically underserved over the past decade. Verdant Rock enters this space with an investment grade rating, a strong capital position, the regulatory standing, the technical capability, and the long-term commitment that issuers and their advisers have been unable to find elsewhere.”
— Tolga Uzuner, Co-Founder, Chief Executive Officer, Verdant Rock Limited
Verdant Rock’s Class 3B registration can be verified via the BMA’s register of regulated entities (search “Verdant Rock”): https://www.bma.bm/regulated-entities
This announcement is (i) for information only; (ii) not an offer or solicitation to buy or sell any security, insurance product, or financial guarantee; and (iii) not for distribution in any jurisdiction where to do so would be unlawful. Forward-looking statements are not guarantees of future results, and Verdant Rock undertakes no obligation to update them. A credit rating is not a recommendation to buy, sell or hold any security and may be subject to revision, suspension or withdrawal at any time by the assigning rating agency.
Hashtag: #VerdantRock
The issuer is solely responsible for the content of this announcement.
ABOUT VERDANT ROCK
Verdant Rock Limited is a Bermuda-based insurance company, regulated by the Bermuda Monetary Authority, providing Basel III and Solvency II compliant financial guarantees in emerging markets, designed to qualify as eligible credit protection under Basel and major insurance solvency regimes, for the benefit of institutions globally.
SINGAPORE – Media OutReach Newswire – 12 June 2026 – LVL Music Academy has introduced a structured beginner string learning method designed to support students who are starting violin or cello lessons for the first time.
The framework brings together lesson planning, posture development, instrument handling, basic technique, and instrument setup guidance. It was developed in response to common challenges faced by beginner string students, including discomfort while holding the instrument, poor bow grip, inconsistent sound production, unsuitable instrument sizing, and difficulty building good practice habits in the early stages of learning.
Unlike some instruments where students can begin with fewer setup considerations, the violin and cello require careful attention to posture, hand position, bow control, instrument fit, and tuning stability from the start. For young beginners in particular, an instrument that is too large, poorly adjusted, or difficult to play can affect both progress and confidence.
LVL Music Academy’s method aims to make the early learning process more structured by connecting what happens in the lesson room with the physical condition and suitability of the instrument itself. The academy’s in-house luthier support allows teachers and staff to assess factors such as instrument size, bridge height, string condition, peg function, bow quality, and general playability where needed.
“Many beginner students struggle not because they are not musical, but because the instrument is difficult to manage or the early foundations are not clear enough,” said a spokesperson for LVL Music Academy. “For violin and cello, comfort, posture, instrument setup, and lesson structure all affect how a student learns. This method is designed to address those areas together rather than treating them separately.”
The beginner framework covers several core areas: posture and body awareness, correct instrument hold, bow hold development, left-hand position, rhythm, note reading, tone production, listening skills, and home practice guidance. Students are also guided on how to care for their instrument, tune safely with support, and understand when an instrument may need adjustment.
The approach is intended for children and adult beginners who are new to string instruments. It also provides parents with clearer guidance on what to expect during the early stages of violin or cello learning, including how to support practice at home and how to recognise whether an instrument is suitable for the student’s size and level.
LVL said the framework is part of its wider effort to make beginner string education more practical and better supported. By combining teaching, instrument guidance, and luthier knowledge under one roof, the academy hopes to reduce common early-stage barriers that can affect motivation and long-term progress. Hashtag: #LVLMusicAcademy
The issuer is solely responsible for the content of this announcement.
About LVL Music Academy
LVL Music Academy is a Singapore-based music school, string instrument shop, and in-house luthier workshop located in Bukit Timah. The academy provides violin, cello, piano, viola, and music theory lessons for children and adults, alongside instrument sales, rentals, repairs, restoration, and professional setup support.
Founded with a focus on practical music education and proper instrument care, LVL Music Academy supports students from beginner to advanced levels through structured lessons, performance opportunities, examination preparation, and access to luthier guidance under one roof.
Arabian Post Staff -Dubai Dubai has established the Dubai Longevity Authority under Law No. 17 of 2026, setting up a dedicated regulator to oversee one of the fastest-growing areas of healthcare, wellness and life sciences as the emirate seeks to build a global hub for advanced medicine and healthy ageing. The law was issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime […]
Investors have become so focused on AI software that many are overlooking the industries making the boom possible. I believe this could prove to be an expensive mistake. The dominant investment narrative has revolved around the companies building AI models, designing advanced chips and providing cloud-computing services. Investors have poured huge amounts of capital into firms such as NVIDIA, Microsoft, Amazon, Alphabet and Meta Platforms. Those businesses […]
On the afternoon of May 29th, in Singapore, partnership signed at the Vietnam–Singapore Tech Connect Forum, witnessed by the highest-level government delegations from both nations, combining QuantumTX’s breakthrough MitoCharge technology with Kaopiz’s end-to-end software, AI, and IoT engineering capabilities
SINGAPORE – Media OutReach Newswire – 12 June 2026 – Kaopiz Holdings and QuantumTX announced a strategic Memorandum of Understanding (MOU) to co-develop next-generation preventive healthcare solutions powered by Artificial Intelligence, IoT engineering, and advanced health data platforms.
Kaopiz × QuantumTX sign MOU at Vietnam–Singapore Tech Connect Forum to co-develop next-generation healthcare solutions
The agreement was signed at the Vietnam–Singapore Tech Connect Forum held at Raffles City Convention Centre, Singapore, in the presence of Mr. To Lam, General Secretary and President of Vietnam, and Dr. Tan See Leng, Minister for Manpower and Minister-in-Charge of Energy and Science & Technology (MTI), Singapore – underscoring the partnership’s significance at the highest levels of Vietnam-Singapore bilateral cooperation.
Combining Hardware Innovation with Full-Stack Software & AI Engineering
QuantumTX contributes its proprietary MitoCharge technology – a clinically researched muscle-mitochondria activation system that delivers the physiological benefits of exercise without physical stress – purpose-built for the world’s rapidly aging population.
Kaopiz Holdings brings a 1,000-strong team of software engineers and IoT specialists with a proven delivery track record across healthcare, medical technology, and enterprise digital transformation. The combined capability spans:
End-to-end IoT device control software and embedded systems integration
AI-driven health data collection, processing, and analytics platforms
Cross-platform mobile applications for personalized health companion experiences
Cloud-based remote device management and real-time monitoring systems
Healthcare data security compliance aligned with applicable international standards
“Partnering with Kaopiz accelerates our next-generation product development while opening the door for MitoCharge technology to reach users across Vietnam and Southeast Asia.” – Mr. Ivan Goh, CEO, QuantumTX
Three Strategic Pillars of Collaboration
1. IoT Device & Software Development
Kaopiz will research, design, develop, and maintain software solutions deeply integrated with QuantumTX’s IoT medical devices, targeting the healthcare and rehabilitation sector.
2. Technical Support & Information Exchange
Kaopiz will embed advanced AI, Cloud Computing, and Data Analytics capabilities into QuantumTX’s medical device ecosystem, enabling predictive health insights, personalized rehabilitation guidance, and remote patient monitoring at scale.
3. Joint Market Development
Both companies will co-promote combined solutions to partners and customers across Vietnam, Singapore, and international markets, and will co-participate in healthcare technology projects, conferences, and exhibitions in the region.
“Population aging is a shared challenge that both Vietnam and Singapore must solve, and we believe technology is the key. Kaopiz is committed to leveraging our full expertise in software, AI, and IoT to co-develop next-generation healthcare solutions with QuantumTX, serving millions of people worldwide.” – Mr. Le Van Hoang, CEO, Kaopiz Holdings
A Milestone in Vietnam – Singapore Technology Cooperation
The MOU signing took place as part of the State Visit to the Republic of Singapore, at a forum co-organized by Vietnam’s Ministry of Foreign Affairs, Ministry of Science & Technology, Ministry of Finance, VSIP, and Enterprise Singapore. The forum brought together government leaders, research institutions, and enterprises from both nations to advance cooperation in science, technology, innovation, and sustainable development.
This partnership marks a tangible step in translating government-level bilateral commitment into commercial technology co-development, with a direct focus on healthcare innovation that addresses one of the most pressing demographic challenges shared by both Vietnam and Singapore.
The issuer is solely responsible for the content of this announcement.
About QuantumTX Pte. Ltd.
QuantumTX is a Singapore-based health technology company specializing in stress-free muscle activation devices backed by rigorous scientific R&D and clinical research. Its flagship MitoCharge technology activates muscle-mitochondria pathways to deliver physiological benefits equivalent to exercise, without physical exertion – designed specifically for aging populations, rehabilitation patients, and preventive health consumers. QuantumTX is committed to making healthy aging accessible and scalable across global markets.
About Kaopiz Holdings
Kaopiz is a global IT outsourcing and software development company with 12 years of experience and a core development center in Vietnam. With 1,000+ highly skilled engineers across software development, IoT solutions, AI integration, Cloud computing, Data engineering, and digital transformation, Kaopiz serves major enterprises in Japan, Singapore, and international markets across healthcare, finance, education, logistics, and manufacturing sectors, and more.
Kaopiz’s Singapore office is located at 1 Raffles Place, One Raffles Place Tower 2.
Launches VocSageX Agent Development Platform to Accelerate Commercial Adoption of Trustworthy AI
HONG KONG SAR – Media OutReach Newswire – 12 June 2026 – Voicecomm Technology Co., Ltd. (“Voicecomm Technology” or the “Company“, Stock Code: 2495.HK), a core technology provider and ecosystem operator of trustworthy conversational AI in China, announces that it has officially signed an ecosystem cooperation agreement with Huawei Cloud during the 2026 Huawei Cloud INSPIRE. The two parties will engage in in-depth collaboration across trustworthy artificial intelligence, industry AI agents, cloud computing infrastructure, and ecosystem development, with the shared goal of accelerating the large-scale deployment of enterprise AI applications.
At the conference, Voicecomm Technology also officially unveiled its next-generation enterprise AI product, the VocSageX Agent Development Platform, further strengthening the Company’s product portfolio in the trustworthy interactive intelligence sector.
Deepening Collaboration with Huawei Cloud to Build a Trustworthy AI Ecosystem Under the agreement, both parties will leverage their respective strengths in artificial intelligence technologies, industry applications, and cloud infrastructure to jointly drive innovation in enterprise AI solutions. Together, they will explore integrated solutions centered on large language models (LLMs), the VocSageX Agent Platform, and the Company’s proprietary “Intelligent Graph” system across both domestic and international markets.
Going forward, the two companies will continue to deepen cooperation in technology, computing power, market expansion, and ecosystem development. The partnership will accelerate the nationwide rollout and overseas deployment of mature solutions in areas such as smart cities and digital government, while fostering business growth for both organizations.
This collaboration marks a natural progression of an already established relationship built on long-term mutual trust. In January 2026, Voicecomm’s self-developed “Intelligent Graph” system officially passed the technical certification of Huawei’s Ascend AI basic software and hardware platform, completing preliminary validation in platform compatibility and algorithm integration.
Launch of VocSageX: A Trustworthy Foundation for Enterprise AI Speaking at the conference, Mr. Zheng Bo, Vice General Manager of Voicecomm Technology, noted that enterprises commonly face several challenges when deploying AI, including insufficient trustworthiness, high deployment costs, fragmented systems, and hallucination issues associated with large language models.
To address these challenges, Voicecomm launched the VocSageX Agent Development Platform, a comprehensive lifecycle management system covering agent design, training, deployment, orchestration, operations, maintenance, and asset management. The platform is built around five core capabilities: Trustworthy, Dedicated, Controllable, Collaborative, and Evolvable. It enables enterprises to rapidly develop customized industry-specific AI agents and realize multi-agent collaboration at scale.
Mr. Zheng added: “VocSageX is more than a development tool—it is a comprehensive AI agent operations platform designed for medium and large enterprises. Trustworthy AI that everyone can use is the true driver of productivity.”
Demonstrating Industry AI Applications Across Multiple Sectors In addition to the platform launch, Voicecomm showcased a range of industry AI agent applications at the conference, covering smart government services, smart elderly care, intelligent manufacturing, customer service, and enterprise digital transformation.
To date, the Company’s trustworthy AI agents have been widely deployed across sectors including city management and administration, automotive and transportation, telecommunications, finance, healthcare, and energy management.
Dr. Tang Jinghua, Chairman of Voicecomm Technology, said: “The AI industry is transitioning from the era of large language models to the era of AI agents. Enterprise demand for trustworthy, secure, and sustainable AI capabilities will continue to grow. Leveraging our proprietary trustworthy intelligence technology framework and strategic partnerships with leading ecosystem players such as Huawei Cloud, Voicecomm Technology is well positioned to capture the opportunities emerging in the enterprise AI market and accelerate the commercialization and value creation of AI technologies across a broader range of industries.”Hashtag: #VoicecommTechnology
The issuer is solely responsible for the content of this announcement.
About Voicecomm Technology Co., Ltd.
Founded in 2005 and headquartered in Wuhan, Voicecomm Technology is one of the leading core technology providers and ecosystem operators of trustworthy conversational AI listed on the Main Board of the Hong Kong Stock Exchange, and obtained the qualification as National-level SRDI, Technology Little Giant and High-Tech Enterprise. Leveraging its proprietary trustworthy Agent，the Company overcomes pain points in the commercialization of large language models, such as hallucinations and compliance issues, ensuring AI is usable, manageable, and controllable in enterprise environments. For enterprise-level customers, the Company provides AI services covering the entire process of “communication –decision – execution”. Its trustworthy Agent solutions have been widely deployed across multiple scenarios, including City management and administration, Automotive and transportation, Telecommunications, Finance, Healthcare, and Energy management, and it is dedicated to empowering the intelligent transformation of diverse industries.
SINGAPORE – Media OutReach Newswire – 12 June 2026 – Enterprise AI spending is climbing rapidly, with boards racing to deploy the technology faster than they can measure whether it works. According to the latest IDC InfoBrief, commissioned by Expereo*, around 70% of organizations are investing in AI, motivated by its potential or by the fear of falling behind the competition, but they lag in disciplined ROI evaluation, and one in five (20%) admit they are investing aggressively in AI with little evaluation, driven by the fear of being left behind.
In Asia Pacific (APAC), that pressure is even more pronounced as 37% of organizations admit investing aggressively with little evaluation – nearly double the global average, and well ahead of the US (10%) and Europe (13%). The pressure is most acute in Australia (45%) and Vietnam (44%), while in Singapore, more than one in three organizations admit the same.
The IDC InfoBrief, based on a survey of 800 technology leaders across APAC, Europe, and the US, found that AI has become one of the most prioritized technology investments globally, with 51% of organizations planning to prioritize AI or machine learning investment over the next 12 months – rising to 61% across APAC. However, returns are failing to keep pace with the hype. Just 19% of global organizations surveyed say their AI implementations have exceeded expectations, and only 5% report they have significantly exceeded them1.
Across APAC, 40% say implementations have exceeded or significantly exceeded expectations – ahead of the global average but still leaving the majority falling short. Globally, the most-cited reasons for underperformance are inadequate or poor-quality training data (51%), higher-than-expected costs or ROI not achieved (47%), and AI not performing as well as expected (46%). For APAC specifically, the picture is broadly similar – though costs bite harder: 49% cite poor-quality training data, 54% cite cost overruns or ROI not achieved (rising to 80% in Malaysia), and 46% say AI has simply not performed as expected.
Where organizations have the right foundations in place, the results speak for themselves. Across APAC, 87% report productivity improvements in the business units most affected by AI, and 82% say quality of work has improved.
Underpinning many of these challenges is also a network and infrastructure readiness gap. Globally, 26% of organizations whose AI implementations have failed to meet expectations cite inadequate network or connectivity performance as a contributing factor. Looking ahead, 54% of organizations say they need more flexible and scalable networks to thrive in an AI-driven environment, and 51% need greater resilience and reliability to maximize uptime2. In APAC, the gap is acute as only 9% of organizations describe their network infrastructure as fully ready to support new AI, cloud, and digital initiatives, and 37% say it will need upgrading or replacing soon. The need is most acute in Thailand (74%) and Singapore (58%), both of which rank above the regional average on demand for flexible, scalable networks. In Indonesia, nearly half of all organizations (48%) say their infrastructure will need upgrading or replacing soon.
Ben Elms, CEO, Expereo, says: “Every enterprise we speak to is investing in AI, yet the data shows a clear gap opening up between AI ambition and AI outcomes. More often than not, that gap comes down to the network underneath. AI only delivers on its promise when the infrastructure carrying it is built to support it.
Without resilient, scalable, cloud-optimized networks, even the most well-funded AI programs will struggle to deliver ROI. Getting the network right is no longer an IT decision; it is one of the most important conversations happening in the boardroom today to help fulfill AI ambition.”
APAC is also leading on adoption, with 35% of organizations reporting extensive AI use across the business, against a global average of 25%3. Yet adoption alone is not enough without the right foundations beneath it.
Eric Wong, President, APAC, Expereo, says: “Asia Pacific is moving aggressively on AI adoption, but many organizations are discovering that scaling AI successfully requires more than just investment in applications and models. The underlying network, cloud connectivity, and operational readiness matter just as much. Across the region, we are seeing enterprises reassess whether their infrastructure is truly ready to support AI at scale, particularly around performance, resilience, governance, and visibility. Organizations that address those foundations early are generally seeing stronger outcomes and faster operational impact from their AI initiatives.”
Boardrooms are also waking up to the longer-term risks of unchecked AI investment. According to the survey, 54% of global tech leaders cite the creation of new security risks as a significant potential future threat for their organization’s use of AI, while 39% globally are concerned about losing track of AI-related costs and ROI once the technology is embedded across the business4. In APAC, that concern is sharper still as 41% of technology leaders in the region are worried about losing oversight of AI-related costs and ROI as adoption deepens – a figure that rises to 54% in Malaysia. Digital sovereignty is also moving up the strategic agenda, with 38% of APAC organizations rating it a high or top priority as they look to retain control over data and navigate an increasingly complex regulatory landscape.
For the full IDC InfoBrief, commissioned by Expereo, “Enterprise Horizons 2026: Where Innovation Meets Reality“ (doc #EUR154457526-IB, May 2026) please visit: [LINK]
The issuer is solely responsible for the content of this announcement.
Expereo
Expereo is a world-leading Managed Network as a Service provider that connects people, places, and things anywhere. Solutions include Global Internet, SD-WAN/SASE, and Enhanced Internet. With an extensive global reach, Expereo is the trusted partner of 60% of Fortune 500 companies. It powers enterprise and government sites in more than 190 countries, with the ability to connect to any location worldwide, working with over 2,300 partners to help customers improve productivity and empowering their networks and cloud services with the agility, flexibility, and value of the Internet, with optimal network performance.
Expereo was acquired in Feb 2021, by Vitruvian Partners which acquired a majority shareholding from Seven2.
Wall Street’s AI trade came under pressure as investors reassessed stretched technology valuations before SpaceX’s planned market debut, with Alphabet, Microsoft, Meta Platforms and Oracle losing more than $200 billion in combined market value during the session. The sell-off hit some of the largest companies tied to artificial intelligence spending, cloud infrastructure and data-centre expansion. Alphabet fell about 2.5 per cent, Microsoft lost nearly 2.7 per cent, […]
A UAE-focused tourism session in Moscow drew one of the largest audiences at the Let’s Travel International Tourism Forum, underscoring the expanding role of travel in the broader economic relationship between the Emirates and Russia. The panel, titled “UAE-Russia Tourism Dialogue: Successful Stories”, was organised by the Russia-UAE Business Council in cooperation with the Embassy of the United Arab Emirates in the Russian Federation. Held during the […]
General Motors has moved deeper into the power business by enabling vehicle-to-grid functions for some electric-vehicle customers, positioning its bidirectional EV fleet as a distributed energy resource while pursuing sodium-ion batteries for grid-scale storage. The announcement, made at GM Empower 2026 in San Francisco, centres on a software update that expands the capability of GM’s vehicle-to-home energy system. The update allows eligible users to send electricity from […]
Arabian Post Staff -Dubai Hafeet Rail has completed 40 per cent of the Oman-UAE railway link, moving the Gulf’s first cross-border rail connection into a more advanced construction phase as work accelerates across tunnels, bridges, earthworks and logistics facilities along the corridor. The company, a joint venture between Etihad Rail, Oman Rail and Mubadala Investment Company, said the milestone covers civil works and major structures on the […]
Shin-Etsu Chemical plans to build a new rare-earth refining facility in Fukui Prefecture as Japan accelerates efforts to protect critical mineral supply chains from disruption caused by China’s export controls.
The project marks the company’s first new rare-earth refining facility since 2008 and comes as demand for high-performance magnets rises across electric vehicles, hard disk drives, robotics, wind power systems, defence equipment and advanced electronics. The investment is expected to exceed ¥35 billion, with ¥17.5 billion to be covered by government subsidy support, although the final cost and production schedule have not yet been fixed.
The new facility is intended to reinforce supplies for Shin-Etsu’s rare-earth magnet business and strengthen access to raw materials used in neodymium-based magnets. Heavy rare earths such as dysprosium, terbium and yttrium are particularly important because they improve magnet performance in high-temperature and high-stress applications, including vehicle motors and precision industrial systems.
Shin-Etsu already operates rare-earth refining facilities in Japan and has long been one of the country’s most important producers in the sector. Its rare-earth operations are centred in Fukui Prefecture, where it smelts materials and manufactures magnets at its plant in Echizen. The company says it works from raw materials through production to provide stable quality and supply, while also pursuing recycling and resource diversification.
The planned expansion reflects a broader shift in Japan’s industrial policy after months of tightening access to critical minerals. Chinese shipments of several heavy rare earths and gallium to Japan have been severely restricted since late 2025, heightening concerns among manufacturers that depend on these materials for magnets, semiconductors and other precision components. China continues to dominate mining, separation and refining capacity across the rare-earth value chain, giving Beijing considerable leverage over downstream industries.
Japan remains the largest rare-earth magnet producer outside China, but its manufacturers are still exposed to bottlenecks in the supply of heavy rare earths. The country has built stockpiles, backed overseas projects and encouraged recycling since the 2010 rare-earth shock, when diplomatic tensions with China exposed the risk of overdependence on one supplier. Those measures have improved resilience, but they have not removed the vulnerability.
The latest project is significant because it targets refining and processing rather than simply raw-material procurement. Mining deposits alone do not solve the supply challenge; rare earths require complex separation, purification and alloy processing before they can be turned into magnets. China’s advantage lies not only in reserves but also in decades of accumulated processing capacity, cost efficiency and industrial integration.
Shin-Etsu’s move also fits into a wider network of partnerships being pursued by Japan with Australia, France and the United States. Tokyo has backed alternative producers, supported offtake arrangements and encouraged private-sector investment in midstream processing. Australia-based Lynas has become a key non-China supplier, but output of heavy rare earths remains far below the volumes needed to replace Chinese supply in full.
The pressure is not limited to Japan. Manufacturers in the United States and Europe have faced similar supply uncertainty as export licensing delays affect rare earths used in aerospace, defence, clean energy and electronics. Companies exposed to the restrictions are searching for alternative suppliers, but industry executives warn that rebuilding a fully independent supply chain will take years.
For Shin-Etsu, the business case rests on both security and demand. Permanent magnets are central to electrification and digital infrastructure. Electric vehicles require compact, powerful motors; data centres and hard disk drives depend on precision magnetic components; wind turbines need high-strength magnets to improve efficiency. Demand growth has made the magnet supply chain a strategic concern for governments as well as manufacturers.
The company’s project is unlikely to eliminate Japan’s reliance on imported feedstock, especially for heavy rare earths where global non-China supply remains thin. It could, however, give domestic manufacturers greater control over processing, quality assurance and emergency production planning. That matters for customers in sectors where delivery delays can disrupt production lines and where material specifications are tightly controlled.
The government subsidy underscores how rare earths have moved from a specialist materials issue to a national industrial priority. Public support reduces the financial burden on companies undertaking technically demanding projects with long payback periods. It also signals that Tokyo is prepared to use industrial policy to keep strategic capabilities onshore.
AI coding agents can be manipulated into running attacker-chosen code through ordinary-looking bug reports, exposing a fresh security gap in the fast-expanding market for autonomous software development tools. Tenet Security researchers have described a technique they call “agentjacking”, in which a hostile actor plants malicious instructions inside a fake software error report and waits for a coding agent to read it during routine debugging. The attack does […]
Universities face mounting pressure to redesign coursework and examinations after a large study of undergraduates found that generative artificial intelligence is now embedded in student assignments and is being used by a measurable minority to cheat. The research, based on survey responses from 95,513 students across 20 major public research universities in the US, found that about two-thirds had used generative AI during the 2023-24 academic year, […]
Abu Dhabi’s L’IMAD Holding has deepened its grip on TAQA after its subsidiary Abu Dhabi Power Corporation bought a further 8.09 per cent stake in the listed power and water utility, lifting its holding to 98.12 per cent. The transaction, disclosed on Wednesday, involved the acquisition of 9.1 billion TAQA shares from Two Point Zero Group. Based on TAQA’s closing share price that day, the stake was […]
Partnership with Korea Green Foundation and FIRA will help restore seagrass meadows off Geoje Island, supporting marine biodiversity, blue carbon habitats and local communities
BUSAN, SOUTH KOREA – Media OutReach Newswire – 11 June 2026 – DP World has launched its first global seagrass restoration initiative on Geoje Island in South Korea, supporting efforts to restore 2.4 hectares of coastal marine habitat over the next four years and enhancing marine biodiversity.
DP WORLD Seagrass restoration South Korea
The initiative in South Korea was formalised through a Memorandum of Understanding (MOU) between DP World, Korea Green Foundation and the Korea Fisheries Resources Agency (FIRA). The MOU establishes a long-term collaboration focused on ongoing monitoring of seagrass meadows, the development of restoration approaches informed by scientific research, and continued cooperation between public, private and community stakeholders in the coastal waters of Dadae Village on Geoje Island.
The partnership was launched on World Ocean Day, with representatives from DP World, Korea Green Foundation, FIRA and the local fishing community helping to transplant approximately 6,000 seagrass shoots along the Dadae coastline. The project aims to restore up to 2.4 hectares of seabed over the next four years and is expected to benefit local communities by supporting marine productivity and fish catch potential.
Glen Hilton, CEO & Managing Director, Asia Pacific, DP World, said: “Healthy oceans are essential to sustainable trade and thriving coastal communities. By restoring seagrass meadows in Geoje, we are helping protect one of nature’s most effective blue-carbon ecosystems while supporting marine biodiversity and local livelihoods. Together with the Korea Green Foundation and FIRA, we are supporting research, restoration and community engagement efforts that can deepen our understanding of these valuable marine ecosystems to strengthen the resilience of our coasts for future generations.”
Jung Tae-yong, Secretary General, Korea Green Foundation, said: “Seagrass meadows are an invaluable presence in supporting coastal ecosystems. They store carbon, help prevent coastal erosion and act as a breakwater for the ecosystem. This project goes beyond simple environmental protection, bringing together businesses, public institutions and local communities to expand practical marine-conservation models and public awareness of the importance of climate action.”
Seagrass meadows provide habitat for a wide range of marine species and contribute to the health of coastal ecosystems. They are recognised as an important blue carbon ecosystem because of their ability to absorb and store carbon naturally, making their protection and restoration an area of growing interest among researchers and conservation organisations.
The project will include ongoing monitoring and evaluation activities led by FIRA, alongside community engagement initiatives designed to support long-term stewardship of the restoration site. The partners also intend to build on the Geoje initiative through continued research, community engagement and public awareness activities that support understanding of marine ecosystems and coastal conservation.
This initiative builds on DP World’s broader sustainability efforts to support environmental stewardship and community resilience across Asia Pacific. From our flagship mangrove ecosystem restoration programme in Indonesia — aligned with DP World’s global commitment to restore and protect 280 hectares of mangroves by 2030 — to watershed rehabilitation initiatives in the Philippines and coral reef restoration in Australia, these efforts reflect a regional commitment to protecting the natural environments that are most critical to local communities.
Through partnerships with governments, non-governmental organisations and local communities, DP World continues to explore practical ways to contribute to the long-term sustainability of the environments in which it operates. Hashtag: #DPWORLD
The issuer is solely responsible for the content of this announcement.
DP World
DP World is reshaping the future of global trade to improve lives everywhere. Operating across six continents with a team of over 125,000 employees, we combine global infrastructure and local expertise to deliver seamless supply chain solutions. From Ports and Terminals to Marine Services, Logistics and Technology, we leverage innovation to create better ways to trade, minimising disruptions from the factory floor to the customer’s door.
In Asia Pacific, DP World employs over 11,000 people across 22 geographies. We operate 17 ports and terminals, complemented by a comprehensive suite of end-to-end supply chain solutions – to connect the region to the rest of the world.
TOKYO, JAPAN – Media OutReach Newswire – 11 June 2026 – Industry expert Jason Gerlis has been appointed as the Chief Revenue Officer at GoGlobal – the global expansion business – bolstering the leadership team’s strength and depth at a time of accelerated growth.
With more than 15 years’ experience in helping businesses to scale internationally, his role will be to drive revenue growth at GoGlobal, align this to delivery excellence and add long-term value to those companies looking to expand and operate overseas.
“I’m delighted to welcome Jason into the fold,” states Jeremy Wastall, CEO at GoGlobal. “His extensive industry knowledge and global corporate services background support our strategy to deliver best‑in‑class business expansion and operational solutions to clients looking to enter new markets compliantly, and at speed.”
His appointment is also in-line with the company’s aim to build a business where cultural fit and mindset are just as important as experience.
“Alongside his impressive experience, Jason’s approach to leadership aligns with our brand values. I have full confidence in his ability to create a world-class environment where his teams will grow and excel,” adds Jeremy.
The move follows a series of recent senior hires and strategic investments designed to enhance GoGlobal’s ambitious growth plans, which include greater geographic reach, deeper technology capabilities and the continued development of market-winning solutions for clients.
Independence and long‑term focus
Explaining what drew him to GoGlobal, Jason points to the company’s independence and investment strategy.
“GoGlobal’s independence is a real strength,” he states. “It gives the business the freedom to invest in what genuinely matters to clients and focus on building sustainable, future growth. That long‑term perspective leads to better client outcomes, stronger partnerships and a more engaged, motivated workforce.”
Jason also highlights the company’s culture which is deeply grounded in servicing clients’ needs as a reason to join the business. He notes: “Understanding, consistency, collaboration and responsiveness are at the foundation of GoGlobal’s approach to client service, all of which resonate with me.
“And it’s these values and business ethics that truly set GoGlobal apart,” he concludes.
Strengthening global networks
Based in Charlotte, USA, Jason will spend his first months in the role engaging closely with GoGlobal’s global clients and partner ecosystem, while helping shape the company’s long‑term commercial strategy.
“I’m excited to work with clients across the full spectrum — from fast‑growing start‑ups and venture / private equity‑backed businesses to large multinationals — as we continue to build GoGlobal’s future roadmap,” he states.
Prior to joining GoGlobal, Jason spent five years as Global Head of Corporate Services at Ocorian and held several senior leadership roles at TMF Group over seven years, including Global Head of Consulting and Regional Director for North America and the Caribbean.
The issuer is solely responsible for the content of this announcement.
GoGlobal
GoGlobal – the global expansion business – helps companies set up and manage global operations compliantly and confidently. By combining global expertise with local execution, GoGlobal supports market entry, M&A activity and vendor consolidation through a single point of accountability.
Founded eight years ago in 2018, GoGlobal has grown from a startup into a fully decentralized global organization, supporting thousands of clients with their own growth stories.
It now has over 450 internal employees, operating across 85+ countries, and has enabled more than 1,000 clients to establish and manage their global operations across 145 markets.
Services include entity setup, compliance and management; accounting and tax services; HR and payroll support; Employer of Record (EOR); and Independent Contractor Solutions (ICS).
GoGlobal is headquartered in Tokyo but the leadership and operational teams are worldwide, enabling seamless support across time zones.
Golden Bridge Real Estate is proud to announce its highly anticipated Back to Business summer event, unveiling an exclusive collection of summer offers for The Caden by Prescott, located in one of the most in-demand locations of Dubai – Meydan Horizon community. The event is designed to bring together Dubai’s brokers and investors under one roof, marking one of the most compelling real estate offers of the […]
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