Private foreign investment in Saudi Arabia’s private markets reached SR20 billion in 2025, making overseas capital a dominant force in the Kingdom’s fast-expanding private investment landscape as reforms, larger deal pipelines and stronger exit prospects draw more global fund managers to Riyadh. The Saudi Venture Capital Company said foreign inflows accounted for about 60 per cent of total private investments last year, putting the overall market near […]
Aflac Life Insurance Japan has disclosed a major cyber incident affecting about 4.38 million customers, with personal, policy and some banking information exposed after unauthorised access to its customer portal and related systems. The breach, announced on June 30 and updated on July 1, involved systems including Aflac Yorisou Net, a policyholder website used for checking contract details and carrying out account changes. The company said the […]
Investors heading into the second half of 2026 face an uncomfortable reality: the global economy is changing faster than many portfolios are adapting to it. The forces reshaping markets today are structural. AI is triggering one of the largest capital investment booms in modern history. Digital assets have crossed into mainstream finance. Meanwhile, geopolitical conflict, sovereign debt and valuation risk continue to create significant uncertainty. As the […]
Kuwait has opened a $4.25 billion three-year term loan to a wider group of lenders, using the Kuwait Investment Authority as borrower on behalf of the Ministry of Finance in a transaction that underlines the Gulf state’s broader return to international financing markets. The facility has moved into general syndication after a group of major international banks was appointed to lead the deal. Mizuho Bank, HSBC, Standard […]
Abu Dhabi Investment Authority has emerged as a cornerstone investor in Luxshare Precision Industry’s planned $3.1 billion Hong Kong listing, giving the Apple supplier heavyweight backing as the city’s equity market stages its strongest first-half fundraising run in five years. The Shenzhen-listed electronics manufacturer opened the Hong Kong public offer on Tuesday, seeking to sell 383.5 million H shares at a maximum price of HK$63.28 each. At […]
Arabian Post Staff -Dubai Dubai’s property boom is giving way to a more measured investment cycle as buyers shift attention from quick capital gains to developer strength, delivery quality and long-term asset performance. A new investor confidence survey points to a market that remains broadly optimistic about Dubai’s prospects but less willing to chase rapid price appreciation after a long rally. The findings suggest that investors are […]
The MoU appoints DOE-licensed MNA Metal Resources as preferred collector for used automotive batteries, strengthening traceability across BateriHub and Global Energy Battery’s nationwide battery ecosystem.
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 1 July 2026 – BateriHub, operated by Battery4U Sdn. Bhd., together with Global Energy Battery Sdn. Bhd., has signed a Memorandum of Understanding with MNA Metal Resources to strengthen the responsible collection, documentation and recycling of used automotive batteries in Malaysia.
Under the MoU, MNA Metal Resources will serve as the preferred used battery collector, either directly or through transporters appointed by MNA, for scrap batteries collected through BateriHub and Global Energy Battery’s operations. The arrangement is designed to ensure that used batteries are channelled through proper, licensed and documented collection and recycling processes.
“This MoU matters because every battery replacement has an afterlife,” said Stanly Ng, General Manager of BateriHub. “When a customer replaces a car battery with us, the old battery should not disappear into an unknown chain. It should be collected, recorded and handled by the right people. For customers, the promise is simple: when you choose BateriHub, we take care of the replacement quickly, and we take care of the used battery responsibly.”
The partnership comes as Malaysia’s automotive sector continues to expand. According to the Malaysian Automotive Association, Malaysia recorded 820,752 new vehicle sales in 2025, its second consecutive record year. While this MoU focuses on used lead-acid automotive batteries, it also comes amid wider national attention on battery waste management, with The Star reporting growing attention on regulated recycling, safe disposal pathways and battery traceability as Malaysia’s vehicle ecosystem evolves.
As Malaysia’s largest direct-owned automotive battery retailer, BateriHub plays a critical role at the point of replacement, where old batteries are handed over by customers at branches or during on-demand battery delivery services. Global Energy Battery, which focuses on battery wholesale, supply and distribution, contributes additional collection volume through its wider business network.
Together, BateriHub and Global Energy Battery have channelled approximately 280,000 used batteries, equivalent to around 4,200 tonnes, through formal disposal and recycling channels over the past three years. MNA Metal Resources is a licensed lead-acid battery recycler and smelter under the Department of Environment, with operations covering the collection, movement and processing of scheduled waste.
“As a company involved in the supply and distribution of batteries, we recognise that responsibility does not end at the point of sale,” said Sandy Yap, Chief Operating Officer of Global Energy Battery. “A sustainable battery industry requires proper collection, proper documentation and proper recycling. This partnership allows us to support that responsibility across our business network.”
“We are pleased to partner with BateriHub and Global Energy Battery to support a more transparent and responsible battery recycling ecosystem in Malaysia,” said Genly Villa Olaguer, Fleet Manager of MNA Metal Resources. “Proper handling of used batteries is essential to protect the environment and ensure that valuable materials can be recovered safely through licensed facilities.”
Used lead-acid batteries require proper handling because they contain materials such as lead and sulfuric acid, which can harm soil, waterways and communities if leaked, dumped or processed irresponsibly. Through this partnership, the companies aim to improve accountability in the movement of scrap batteries from retail and supply channels to licensed recycling facilities.
BateriHub said the MoU reflects its broader effort to make responsible waste management part of its core retail promise, not just a back-end operational process. Hashtag: #BateriHub
The issuer is solely responsible for the content of this announcement.
About BateriHub
BateriHub is Malaysia’s largest direct-owned car battery retailer, operating a nationwide network of 200 branches supported by centralised training, service standards, and technician operations. Since 2011, the company has served over 1.0 million customers, received over 70,000 positive reviews across Google, Facebook, and e-commerce platforms, employs more than 5000 staff, and covers 500+ service areas across 11 states. Learn more at https://baterihub.com/
World Cup Fever Returns: Learning Emotional Management on the Pitch
HONG KONG SAR – Media OutReach Newswire – 30 June 2026 – The four-yearly World Cup is in full swing, and the football fever once again sweeps the globe. The pitch has long been known as a “proving ground” for heroes; even for world-class players with years of experience, the joy of scoring a goal is often balanced by the sight of others in tears, frustrated by a defeat. The prowess of these players will be etched into the hearts of countless children, inspiring a lifelong love for the sport.
Save the Children Hong Kong firmly believes that the football pitch is more than just a venue for competition—it is an ideal classroom for Social-emotional Learning. For eight-year-old Kai-long, the setbacks and failures experienced on the pitch have proven far more vital to his personal growth than mastering technical skills or perfecting “step-overs”.
The Play to Thrive programme empowers children to master emotional management and communication skills while staying active in sports. Compared to a “Zidane turn”, these are the skills that will truly serve them for a lifetime.
On the training ground, eight-year-old Kai-long’s skills are clearly “a cut above the rest”. From the way he carries the ball to the power of his strikes, he already carries himself like a mini professional. During internal matches, he frequently finds the back of the net, scoring multiple goals for his side.
However, the moments that truly bring a smile of approval to the coaches and teachers are not Kai-long’s technical displays, but his small yet heart-warming gestures. For instance, he is seen helping teammates by steadying the inflatable goalposts during shooting drills. Even when knocked down during a match, if the coach does not blow for a foul, Kai-long doesn’t complain; he simply brushes it off with a smile and gets straight back to chasing the ball.
When Excellence Becomes a Burden: Children Trapped by the Need to Win
“He has a personality that tends to be quite fixated on winning and losing. Because of his own performance, or because his classmates’ performance didn’t meet his expectations, he would sometimes experience emotional ups and downs,” explains Mr. Lui, the PE teacher. He admits that while Kai-long’s football skills are outstanding, his stubborn nature previously caused friction with teammates and classmates. Mr. Lui noted that since Kai-long was already a member of the school’s reserve team, he recommended him for the Play to Thrive programme not to “learn football”, but in the hope that he would learn how to get along with others.
Consequently, what moved Mr. Lui the most was not Kai-long’s “goal-scoring show”, but his reaction during a match when other students deliberately moved the inflatable goalposts. Instead of complaining or losing his temper as he might have done in the past, Kai-long continued to play with a smile on his face. “Previously, he might have called it unfair or had an emotional outburst, but today he didn’t complain; he even found it quite funny. He is no longer fixated on winning or losing.”
In the eyes of his father, Chung, Kai-long has been a child with extremely high expectations of himself and a drive for perfection since he was young. “Whether it is schoolwork or his behaviour, he hopes to be a good role model and be very well-behaved.” However, Chung also mentioned that this perfectionist streak serves as a source of pressure for Kai-long.
Interpersonal Skills Are More Important Than Footballing Ability
Chung admits that Kai-long used to be very fixated on winning and losing: “In the past, if he lost a game of football against his elder brother, he would be resentful; when he was younger, he even tried to hit him.” While it is natural to crave goals and seek victory on the pitch, Chung also believes that how one treats others and interacts with peers is a vital part of growing up, which is why he enrolled Kai-long in Play to Thrive.
“Football is a natural educational tool,” says Ms. Wong Shek Hung, Director of Hong Kong Programmes at Save the Children Hong Kong. She explains that experiencing victory, defeat, and frustration is inevitable in sports, providing the perfect opportunity for children to learn emotional management. She adds that Play to Thrive originated from a community football programme developed by Save the Children UK for children in Jordan and Indonesia.
The core of the programme lies in integrating Social-emotional Learning into football training to help children build five core competencies: self-awareness, self-management, social awareness, relationship skills, and responsible decision-making. Furthermore, the programme is open to all children regardless of gender, ethnicity, or background, allowing them to master self-awareness, emotional regulation, and team communication skills within a diverse and inclusive environment.
No Ordinary Football Training
As this is unlike conventional football training, every coach is required to undergo professional training covering “Child Safeguarding” and emotional support knowledge. Ms. Wong Shek Hung notes that during the “debriefing” session at the end of each practice, coaches guide the children to reflect on their experiences on the pitch, attempting to translate these moments into emotional literacy. The ultimate goal is “to let children learn how to become ‘masters of their own emotions’.”
Demonstrating Personal Growth and Cultivating Leadership Skills
Mr. Lui noticed that after joining the programme, Kai-long not only showed progress in his personal emotional management but also learned how to consider things from others’ perspectives. During PE lessons, Kai-long has become more willing to take the initiative to help his classmates and has learned to accept teammates with different abilities, even proactively coaching others. “He gets along with his classmates much more harmoniously now; the barriers that existed before have disappeared,” Mr. Lui remarked. He further revealed that Kai-long’s form teacher, having observed this growth, officially appointed him as a class monitor for the second term.
His father, Chung, observed that since joining the programme, Kai-long has demonstrated a level of resilience rarely seen before. He recalled a match where Kai-long served as both captain and goalkeeper; even when facing conceded goals and falling behind, “his first instinct wasn’t to feel discouraged, but rather to keep encouraging his teammates from the back to keep running and keep attacking.”
Ms. Wong Shek Hung reaffirmed that this is precisely the philosophy of Play to Thrive: “We emphasise ‘Football Second, Growth First’, ensuring that even if children lose a match, they learn to handle their emotions, communicate, and cooperate throughout the process.”
Building Resilience: Transforming Lives Through Football
Ms. Kalina Tsang, CEO of Save the Children Hong Kong, stated that she has always believed football is a powerful tool for building resilience in children: “We have always been concerned about children’s physical and mental well-being. Football is more than just a sport; beyond honing technical skills, it can be used to build a child’s resilience. By combining football training with Social-emotional Learning, and under the guidance of professionally trained coaches, Play to Thrive ensures that the sweat shed by children on the pitch is transformed into self-awareness and emotional management skills.” Ms. Tsang also noted that Kai-long’s growth perfectly embodies the programme’s success. She said, “We are deeply gratified to see Kai-long progress from initial emotional fluctuations to confidently cooperating with teammates and facing victory or defeat positively—improving both on a personal level and in his interactions with peers.”
As for Kai-long himself, it is difficult for an eight-year-old to describe his transformation in detail. But when asked what was different about him, he said with an innocent smile, “I used to blame my teammates for not passing the ball, but now I’ve learned not to. I tell them: ‘It’s okay, pass it again next time. We’ll win the ball back together.'”
Launched in Hong Kong in 2023, the Play to Thrive programme is a service that integrates Social-emotional Learning with football training. It aims to create a safe and supportive space for schoolchildren, promoting their physical, social, and mental health through sport. The programme currently operates across various districts in Hong Kong, including community teams in areas such as Sham Shui Po and Tin Shui Wai. The school-based project collaborates with over 30 primary schools across the territory, integrating football training into school life to help students recognise and manage their emotions, build healthy interpersonal relationships, and enhance their confidence and resilience. In response to the current situation where up to 39% of primary and secondary students in Hong Kong face mental health challenges, the programme places special emphasis on SEL to help children master effective communication and emotional management both on and off the pitch.
In 2025 alone, the community and school projects of Play to Thrive held a total of 744 training sessions, with total service hours exceeding 1,000 hours. The programme reached 1,120 children and their families across Hong Kong, establishing close partnerships with 32 schools and 4 non-profit organisations. In terms of impact assessment, participant satisfaction was high, with satisfaction rates for the community and school projects reaching 80% and 75%, respectively.
The issuer is solely responsible for the content of this announcement.
Save the Children Hong Kong
Save the Children believes every child deserves a future. In Hong Kong and around the world, we do whatever it takes – every day and in times of crisis – so children can fulfil their rights to a healthy start in life, the opportunity to learn and protection from harm. With over 100 years of expertise, we are the world’s first and leading independent children’s organisation – transforming lives and future.
Established in 2009, Save the Children Hong Kong is part of the global movement which operates in around 100 countries. We work with children, families, schools, communities and our supporters to deliver lasting change for children in Hong Kong and around the world.
Arabian Post Staff -Dubai Dubai’s Roads and Transport Authority has opened the prequalification stage for contractors and consortiums seeking to build the Dubai Metro Gold Line, moving the Dh34 billion project from planning into the procurement phase. The authority has issued requests for qualification for the fully underground line, with interested contractors required to submit qualification documents by 17 August. The process follows an expression-of-interest stage launched […]
Reaffirming Thailand’s status as a world destination for the luxury residences market
BANGKOK, THAILAND – Media OutReach Newswire – 30 June 2026 – CG Capital Advisory Limited (CG Capital), Thailand’s leading investment manager from Central Group specializing in real estate and hospitality investment, today announced a major strategic investment milestone under the leadership of Mr. Phoom Chirathivat, Managing Partner and Co-Founder of CG Capital. The company unveiled its forward-looking vision for the luxury residential and hospitality markets in Thailand, alongside the official launch of the sales gallery for InterContinental Residences Bangkok Asoke. The project carries a total development value of THB 5.5 billion, with two-bedroom units starting from THB 44.8 million. Reservations have already surpassed 60% ahead of the project’s official public launch, a clear sign of confidence in CG Capital’s strategy and its world-class standards.CG Capital’s Vision: Reading Global Volatility, Positioning Thailand as a World Destination.
InterContinental Residences Bangkok Asoke Building Head
Mr. Phoom Chirathivat, Managing Partner and Co-Founder of CG Capital, said that despite a difficult global economic backdrop, marked by slowing markets, geopolitical conflict, and volatility in traditional capital markets, CG Capital sees Thailand’s luxury real estate market moving in the opposite direction. Driving this is a major shift in the behaviour of the world’s wealthiest individuals: a wave of global wealth migration. Data from Henley & Partners shows the number of high-net-worth individuals (HNWIs) relocating globally has surged from 51,000 in 2013 to 142,000 in 2025, a 178% increase over 12 years.
Mr. Phoom Chirathivat, Managing Partner and Co-Founder of CG Capital
“Global markets are slowing down, but Thailand is holding its position as a world destination. Demand from HNWI buyers, both Thai and international, hasn’t dropped off. If anything, these buyers have become more selective about the assets they choose. That tracks with what we’re seeing from Thailand’s Board of Investment, which has approved Long-Term Resident visas for more than 6,000 wealthy global citizens since 2022. Thailand isn’t just a tourism destination anymore. It’s become a place HNWIs choose for long-term residence and investment,” said Mr. Phoom.
Claiming the Asian Crown: The “Right Brand, Right Partners, Right Product” Strategy
Rising demand for high-end residences has pushed CG Capital’s investment strategy toward branded residences, the fastest-growing segment of the market. Thailand currently holds the largest market share of branded residences in Asia at 23.3% of the region’s USD 26.6 billion total market value, ahead of the Philippines (17.3%) and South Korea (11.6%). CBRE’s Global Branded Residences report ranks Thailand 4th in the world by number of projects, with Bangkok and Phuket sitting among the world’s top 10.
Mr. Phoom Chirathivat added:”The success of InterContinental Residences Bangkok Asoke comes down to understanding global trends. What sets us apart is ‘Right Brand, Right Partners, Right Product,’ paired with Bangkok’s best location, Sukhumvit. We’re not chasing a trend. We’re reading the market and building on the long-term confidence we have in this country.”
From Private Equity DNA to World-Class Product Development
What sets CG Capital apart, as the largest private equity fund manager in Thailand’s real estate and hospitality sector, is the way it applies institutional investment thinking to every part of development. Long-term asset value gets weighed through two lenses at once: capital appreciation and living experience.
CG Capital’s Next Steps and the Official Sales Gallery Launch
Looking ahead, Mr. Phoom said CG Capital will keep pursuing new investment opportunities in the hospitality segment, setting new standards for Thailand’s real estate industry. “Reservations above 60% so far are a clear vote of confidence in CG Capital. Now that the sales gallery is open to the public, we’re confident the design and craftsmanship on display will help the project move quickly toward its sales target, further cementing CG Capital’s position as Thailand’s leading branded residences developer,” he said.
InterContinental Residences Bangkok Asoke welcomes visitors to view show units at the sales gallery from 4–5 July onward. Interested parties may schedule an exclusive private appointment via https://residencesasoke.com/ or Tel: 092-989-2616
Expanding the Reach: Bringing the Project to International Buyers
Alongside the sales gallery opening in Bangkok, CG Capital continues to take InterContinental Residences Bangkok Asoke directly to international buyers. The project will next be featured at “Thailand: A New Chapter Begins,” an exclusive showcase hosted by CBRE Thailand in collaboration with Taiwan Sotheby’s International Realty in Taipei on 3 – 4 July 2026, from 1:30 p.m. – 5:00 p.m. at W Taipei (Strategy Room 1).
Taiwan is a market CG Capital sees as a promising source of long-term residence demand. According to CBRE Thailand and Real Estate Information Center (REIC), Taiwanese buyers now rank as the fourth-largest group of foreign buyers in Thai property market, with transaction value growing an average of 27% a year between 2023 and 2025. Thailand’s appeal to this group comes down to geographic proximity, competitive entry pricing, and a lifestyle suited to long-stay living.
For CG Capital, the event is also a chance to read first-hand how Taiwanese HNWIs are thinking about long-term residence and investment in Thailand. Interested parties in Taiwan may get in touch, please contact Taiwan Sotheby’s International Realty 0800.887.288 (Taiwan) or CBRE Thailand +66(0) 81 742 6624 (Thailand).
The issuer is solely responsible for the content of this announcement.
About CG Capital
CG Capital Advisory Limited manages private equity investments for blue-chip domestic and international institutional and UHNW investors with an inaugural fund size of THB 10 billion, investing primarily in Thailand’s hospitality, tourism, and real estate sectors through greenfield, brownfield, and turnaround strategies. Its diversified portfolio includes hotels, branded residences, condominiums, amusement and water parks, and mixed-use developments, focusing on Thailand’s leading travel destinations such as Bangkok, Phuket, Koh Samui, and Pattaya.
Led by Mr. Phoom Chirathivat, Managing Partner and Co-Founder of CG Capital, the firm combines deep expertise in investment and hospitality with a strong conviction in Thailand’s tourism potential—particularly within the luxury and lifestyle segments.
Legal disclaimer Sixteen Residences Limited, being the current owner and developer of InterContinental Residences Bangkok Asoke, is solely responsible for the development, marketing, and sale of the Units. The Units are not owned, developed or sold by InterContinental Hotels Group PLC or its affiliates (collectively “IHG”). There exists no joint venture, partnership, ownership or similar relationship between Sixteen Residences Limited and IHG. IHG is not responsible for the content presented in this press release.
Hawaii’s effort to turn discarded fishing nets and household plastic into asphalt has moved from laboratory promise to road trials, offering the island chain a possible new use for marine debris while researchers test whether the material can be used without worsening microplastic pollution. The project, led by researchers at the Center for Marine Debris Research at Hawaiʻi Pacific University with the Hawaii Department of Transportation and […]
XI’AN, CHINA – Media OutReach Newswire – 29 June 2026 – The world’s first commercial multimodal large language model (LLM) for cultural tourism, called BoGuan, has entered broad application in Xi’an, China. This model generates commercial returns by supporting the creation of digital IP for intangible cultural heritage, the development of cultural tourism applications, and the improvement of short drama production. This is injecting new momentum into both China’s heritage preservation initiatives and the cultural tourism industry.
A visitor tries out the BoGuan-powered AI photography app
Xi’an is one of China’s oldest cities and one of its most popular international tourist destinations. Shaanxi Culture Industry Investment Group (SCG) is working with partners like Huawei, China Telecom Shaanxi, and China West Airport Group (CWAG) to promote cultural tourism using digital technologies including AI and 5G-A.For example, BoGuan is used to support a new AI travel companion agent that had been made available to over 4 million users by March of this year.
In September 2025, SCG and Huawei unveiled the BoGuan Large Model, the world’s first commercial multimodal LLM for cultural tourism. It is also China’s first industry-specific model dedicated to the preservation of cultural heritage. This model is built on intelligent computing infrastructure and a high-quality dataset. The dataset has over 1.2 PB of data, including 31 million images, 4.4 million minutes of video footage, 2.18 million minutes of audio recordings, 510 3D models, and 960 million pieces of structured text.
BoGuan can generate highly-accurate multimodal content, such as museum-quality content about cultural relics. This allows it to support the creation of new digital relic presentations, the digitalization and preservation of traditional craftsmanship, and the creation of digital IP for intangible cultural heritage. Zhang Beiyuan, a dough sculpture artisan, said, “With this model, I can complete a dough sculpture that used to take two or three months in less than a week.” BoGuan is also used to create digital IP like the popular cartoon character Tang Biaobiao, which is designed by integrating local cultural heritage elements with the stone carvings of the Six Steeds of Zhao Mausoleum. The sales of related digital collectibles and creative products have exceeded CNY2 million.
In addition to supporting cultural heritage preservation, BoGuan has been used to develop a range of cultural tourism apps, such as AI photography and AI travel companion agent. Visitors can directly talk with this agent on the GO-SHAANXI app to create and adjust travel itineraries and get real-time performance recommendations at attractions. The Zhiying Camera mini program provides paid services that instantly integrate user photos with AI-generated scenes from history, allowing visitors to “travel back to ancient times.” These new consumption options unlock the business value of quality cultural tourism data. Furthermore, SCG is using BoGuan to integrate short drama production with cultural tourism and improve production efficiency and quality in Xi’an, a renowned short drama hub.
Additionally, China Telecom Shaanxi and Huawei have deployed a 5G-A network based on three component carrier aggregation (3CC) technology at Xi’an’s Grand Tang Mall, a popular tourist attraction. The network delivers peak uplink and downlink rates of 600 Mbps and 3.5 Gbps, respectively, about 10 times faster than common 5G networks. During the 2026 May Day holiday, this network supported concurrent access for 23,000 users, guaranteeing smooth video watching and social media experiences. Furthermore, 5G-A-powered HD live streaming at the Grand Tang Mall has become an important way for the attraction to bring in new visitors. According to public data, the average user dwell time of these live streams has nearly doubled and the average transaction value has increased by 62%.
Edric Chu, General Manager of Huawei’s Shaanxi Rep Office, giving a speech
Edric Chu, General Manager of Huawei’s Shaanxi Rep Office, said, “Artificial intelligence is not simply a stack of technologies. It has become a key enabler that can activate thousands of years of cultural heritage, reshape travel experiences, and inject new momentum into the industry. Moving forward, Huawei will continue working with our partners to enhance cultural heritage preservation with digital and intelligent technologies, and stimulate development within the cultural tourism industry.”
Hashtag: #Huawei
The issuer is solely responsible for the content of this announcement.
Cincinnati has long been recognized as one of Ohio’s most dynamic cities, blending a strong business community with historic neighborhoods, growing startups, major healthcare systems, and family-owned enterprises. As the city continues to evolve, legal needs have expanded in areas such as estate planning, family law, business formation, criminal defense, employment disputes, and personal injury. The city’s legal community includes firms that have spent decades serving local […]
BINZHOU, CHINA – Media OutReach Newswire – 29 June 2026 – Recently, the Ministry of Industry and Information Technology and the Ministry of Finance jointly released the list of China’s third batch of pilot cities for the new technological transformation of the manufacturing sector. Binzhou City in Shandong Province has successfully been selected and is eligible for up to 300 million yuan in national fiscal incentives.
Wind Power Industry
Along the banks of the Yellow River, Binzhou in Shandong Province is witnessing a surge in industrial development. In the smart workshops of Weiqiao Pioneering Group, robotic arms move with precision and agility; at the command center of Chambroad Holdings, data from pipelines spanning thousands of miles updates in real time; at the port terminals, high-end aluminum products and fine chemical goods are continuously loaded onto vessels, setting sail for global markets.
This industrial hub boasts 37 out of the country’s 41 industrial categories, forming six trillion-yuan-level industrial clusters, including high-end aluminum, fine chemicals, and smart textiles. A total of 82 products rank among the top in China or hold leading global market shares. Binzhou has been listed among China’s Top 100 Advanced Manufacturing Cities for four consecutive years.
Weiqiao Textile Green Smart Manufacturing Plant
In 2025, the industrial enterprises above designated size in Binzhou achieved operating revenue exceeding RMB 1.06 trillion, crossing the trillion threshold for the second consecutive year. Total profits reached RMB 77.73 billion, with a profit margin of 7.3%, both ranking first in Shandong Province. Value-added industrial output above designated size accounted for 38.9% of the city’s GDP growth, cementing industry as a key pillar of economic development.
Binzhou’s transformation has been driven by extending technological upgrading from individual enterprises to entire industrial chains. From 2023 to 2025, three clusters, i.e., lightweight aluminum new materials, intelligent textiles, and functional nutritional products, were successively selected as provincial-level advanced manufacturing clusters. The proportion of R&D investment in GDP has remained the highest in Shandong for five consecutive years. Six national-level excellent smart factories, 32 provincial-level advanced smart factories, and 66 green factories above the provincial level have taken root here, turning intelligent manufacturing and green transformation from blueprints into reality.
From an industrial city to an intelligent manufacturing powerhouse, Binzhou is steadily advancing on the path of new industrialization with practical actions, writing a new chapter of high-quality development.
Hashtag: #BinzhouInformationOffice
The issuer is solely responsible for the content of this announcement.
Seven in 10 expatriates living in the UAE were found to have insufficient life insurance cover during comprehensive financial reviews conducted by deVere Acuma over the past 12 months, exposing a major financial protection gap among one of the world’s largest and most affluent expatriate populations. The findings emerged from financial planning assessments undertaken with prospective and newly onboarded clients across the UAE in the last year […]
By Nantoo Banerjee West Bengal’s first ever Bharatiya Janata Party (BJP) government’s resolve to rebuild the state to its “old glory” sounds good though reversing decades of economic stagnation and industrial decline remains an incredibly difficult challenge. Economically, West Bengal’s rank among Indian states has dropped from No.1 till the mid-1960s to below 10 now. […]
Spacebiz in Hong Kong – a golden opportunity for Professional Services and STEM
HONG KONG SAR – Media OutReach Newswire – 29 June 2026 – Space Economy Association (Hong Kong) Ltd, or “SEA”, officially formed in the midst of the space economy boom. It is an independent membership-based non-government organisation dedicated to connecting and facilitating space-related industries, businesses, investors, educators, experts, and governments worldwide in their pursuit for businesses and technology in commercial space. SEA helps establish Hong Kong as a super-connector hub in the international space ecosystem by capitalising on our professional services, led by finance.
The new renaissance is in the space economy. The US$630 billion global space economy is set to triple to US$1.8 trillion[1] by 2035. With launch costs dropping 10-fold in the last 20 years, private and public sectors will soar with all humanity set to benefit. Space economy is ubiquitous and creating value beyond rocketry and satellites, everyone will flourish as the space economy grows 9% per annum. China is the world’s second largest player in space, highlighting it as one of the four emerging strategic industries in its 15th National Five-Year Plan. Its commercial space sector has already launched 81 rockets and 336 satellites into orbit, with over 100 space start-ups and companies raising around US$6.5 billion. Hong Kong, as a key international financial centre practicing Common Law with international arbitration system and robust insurance, data and intellectual property protection capabilities, uniquely stands to serve China and other countries to pursue capital, business, technology and talent in commercial space.
“From Hong Kong’s perspective, the NewSpace economy is not simply about rockets or satellites; it is about the commercial possibilities they create for our professional services community. As the nation advances its aerospace ambitions, Hong Kong’s strengths in finance, insurance, law and related fields equip the city to support activities ranging from project financing and initial public offerings to risk management and crossborder transactions. Our bankers, insurers, accountants and lawyers are ideally positioned to help turn space initiatives into viable enterprises — and to participate directly in the value they generate.” said the Honourable Bernard Charnwut Chan, GBM, GBS, JP. Patron of SEA.
“Hong Kong’s top-class professional services would facilitate the processes from research and innovation to startup, scale-up and successful space business. Besides a hub for IPOs, Hong Kong offers funding from seed and angel, to private equity, venture capital, mergers and acquisitions, in debt, equity, and lease financing. This space economy would contribute plentiful job and business opportunities to become a key pillar of Hong Kong in terms of economy and quality opportunities for our young generation,” said Professor Richard Leung, Chairman of SEA. “SEA’s global network of partners grows beyond Asia, North America and Europe to include the UNOOSA ecosystem. SEA is a platform that empowers astropreneurs to launch towards humanity’s collective space dream.”
SEA is governed by a Board of 19 members and supported by nine committees. SEA is also strongly supported by a Patron and five Fellows who share the vision to position Hong Kong as a leading hub in the international space economy. The Honourable Bernard Charnwut Chan, GBM, GBS, JP is SEA’s Patron with Fellows Dr. Anthony Neoh, KC, SC, JP, Chairman, Asian Academy of International Law, Prof. Jin-Guang Teng, BBS, JP, President, The Hong Kong Polytechnic University, Mr. Jimmy Tsang, General Manager, Goldlion, Mr. Roger Tong, Chief Executive Officer, AsiaSat, and Prof. Gregg Li, Adjunct Professor at the Laboratory for Space Research, The University of Hong Kong.
As this new economy requires education first, SEA began as the Orion Astropreneur Space Academy or OASA, with an aim to herald and teach this new economy. OASA was formed in 2020 to accelerate the awakening of young executives and professionals through action-learning and Artificial Intelligence, preparing them for the NewSpace economy. OASA has made important strides in advancing NewSpace awareness, talent development, and ecosystem building. It has engaged more than 200,000 visits, worked with over 50 partner organisations, and organised more than 60 courses and activities. As OASA evolves into SEA, the OASA remains the brand for school development programmes and youth-focused education.
SEA membership is a community of 100 co-founders, 150+ active members, 250+ student members, and 40+ industry partners shaping the future of NewSpace in the Greater Bay Area. Members connect with leading innovators, world-class institutions, global mentors, and industry leaders at the forefront of the commercial space. SEA provides a trusted platform for dialogue, collaboration, and engagement through events and direct connections. Members can access closed-door industry dialogues, international delegations, early opportunities for partnerships, and connect with an internationally respected network.
SEA’s membership framework has full, associate, and fellow membership options to serve this diverse community. All members benefit from preferential event rates, networking opportunities, curated market intelligence, professional development, and selected business support services. Full Members enjoy governance rights at general meetings, while higher-tier and charter members receive additional recognition and priority access.
[1] World Economic Forum, Insight Report, April 2024 – “Space: The $1.8 Trillion Opportunity for Global Economic Growth“
Hashtag: #SpaceEconomyAssociation #SEA
The issuer is solely responsible for the content of this announcement.
About Space Economy Association (Hong Kong) Ltd
Space Economy Association (Hong Kong) Ltd (SEA) is an independent, membership-based NGO dedicated to connecting and facilitating space-related industries, businesses, investors, educators, experts, and governments worldwide in their pursuit of commercial space business and technology. SEA aims to help establish Hong Kong as a super-connector hub within the international space ecosystem by capitalising on its strengths in professional services, led by finance. SEA’s membership comprises a community of 100 co-founders, over 150 active members, more than 250 student members, and 40+ industry partners, all contributing to shaping the future of NewSpace in the Greater Bay Area. Members benefit from access to closed-door industry dialogues, international delegations, early partnership opportunities, and connections with a respected global network, including the UNOOSA ecosystem. SEA’s growing global network of partners spans Asia, North America, and Europe.
HONG KONG SAR – Media OutReach Newswire – 29 June 2026 – Organised by the Hong Kong Institute of Construction Managers (HKICM / the Institute), the biennial flagship event of the construction industry—the 6th Construction Management Awards (the Awards)—is now open for nominations. Since its debut in 2016, the Awards have received enthusiastic support from the industry, successfully gathering outstanding construction professionals. By recognizing the cornerstone professionals of the construction sector—such as construction managers, site managers, and engineers—the Awards acknowledge their practices and exceptional contributions in their professional fields, actively driving the professional development of the industry while nurturing and attracting younger generations of talent.
Deepening “Corporate Leadership, On-Site Implementation” to Reflect Excellent Governance Standards
Entering its sixth edition, the Awards continue to uphold their mission of creating a credible exchange platform for industry elites. In recent years, with society’s high emphasis on occupational safety and health, along with the widespread application of smart construction technologies, site safety has gone far beyond the traditional, rigid mindset of “checking in and re-inspecting”. The Institute thoroughly understands that excellent site safety performance does not rely solely on the routine compliance execution of frontline sites; it must stem from the forward-looking vision and comprehensive policy drive of corporate management.
To this end, this year’s Awards have comprehensively enhanced the judging criteria. Building upon the existing award categories, the judging perspective has been extended from frontline construction management to the macro corporate level, significantly increasing the weight of the “Safety” element in scoring to elevate industry standards. This edition will more comprehensively and deeply review the effectiveness of corporations in formulating and implementing safety management policies. In addition to frontline execution capabilities, the judging panel will place greater emphasis on how corporations promote an excellent construction safety culture from a policy level, including integrating tech solutions like Smart Site Safety Systems (SSSS) into long-term development strategies to safeguard site safety. Furthermore, special emphasis is placed this year on how corporations establish long-term accident prevention and continuous improvement mechanisms through institutional frameworks, embedding safety concepts into the core of corporate governance to lead a comprehensive transformation of the safety culture in Hong Kong’s construction industry.
Inaugural “Excellent Construction Safety Culture Award” with a Dedicated Judging Panel Establishes Industry Authority
Cr Alfred TANG, President of the Hong Kong Institute of Construction Managers, stated: “Site safety has always been the core focus most valued by the Government and the Institute. The Institute firmly believes that ‘Corporate Leadership, Safety Implementation, Everyone’s Responsibility’ is the key to driving industry transformation. To encourage more developers, main contractors, and stakeholders to actively play a top-down driving role, this year’s Awards have introduced the ‘Excellent Construction Safety Culture Award’, supported by an independent ‘Dedicated Safety Judging Panel’ composed of top senior safety experts and consultants in the industry to review the long-term effectiveness of corporate safety policies from the most rigorous and professional perspective. We firmly believe that this brand-new award and dedicated judging mechanism will effectively drive continuous progress in Hong Kong’s construction industry, laying a solid foundation for building a sustainable, safe, and highly efficient future.”
The “Construction Management Awards 2026” is opening for nominations from today until 31 August 2026. For details about the Awards, nomination forms, and judging criteria, please visit the Awards website (www.hkicm-cma.com).
Award Categories Overview
Award Categories
Team / Corporate Awards
Corresponding Individual Award Categories
Building Project
Excellent Construction Team Award (Building Project)
A) Construction Manager Award B) Site Manager Award C) Engineer Award D) EHS Officer Award E) Construction Supervisor Award
Civil Project
Excellent Construction Team Award (Civil Project)
A) Construction Manager Award B) Site Manager Award C) Technical Manager Award D) Engineer Award E) EHS Officer Award F) Construction Supervisor Award
Corporate Project
A) Excellent Construction Safety Culture Award B) Excellent Construction Innovation Enterprise
/
Individual Project
/
Young Construction Manager Award
Jury Panel
Chairman of the Judging Panel (Building Project): Mr HO Chun Hung, JP, Director of Buildings, Buildings Department, HKSARG
Members of the Judging Panel (In apathetical order of surnames):
Ir CHAN Siu Chung, Cedric, Chairman of Building Division, The Hong Kong Institution of Engineers
Prof CHAN, Isabelle Y. S., Associate Dean of the Faculty of Architecture; Associate Professor at the Department of Real Estate and Construction, The University of Hong Kong
Cr TANG Yu-chi, Alfred, President, The Hong Kong Institute of Construction Managers
Sr WAN Wai Ming, Tony, President, The Hong Kong Institute of Surveyors
Ir Prof Michael C. H. YAM, Head of Department of Building and Real Estate, The Hong Kong Polytechnic University
Mr Emil YU Chen-on, President, The Hong Kong Federation of Electrical & Mechanical Contractors Limited
Chairman of the Judging Panel (Civil Project): Mr HO Ying Kit, Tony, JP, Deputy Secretary for Development (Works) 3, Development Bureau, HKSARG
Members of the Judging Panel (In apathetical order of surnames):
Ir Benjamin CHAN, JP, Project Manager (West), Civil Engineering and Development Department, HKSARG
Cr CHAN Chi-man, Vice President, The Hong Kong Institute of Construction Managers
Ir CHAN Ho-yee, Vice chairperson of Civil Division, The Hong Kong Institution of Engineers
Prof Jack Chin Pang CHENG, Associate Head of Civil and Environmental Engineering, The Hong Kong University of Science and Technology
Mr HO Kwing-kwong, Alex, Director – Industry Development, Construction Industry Council
Mr NG Wai-hong, Patrick, Project Manager/Major Works, Highways Department, HKSARG
Prof Songye ZHU, Interim Head of Department of Civil and Environmental Engineering, The Hong Kong Polytechnic University
Members of the Excellent Construction Safety Culture Award Judging Panel (In alphabetical order of surnames):
Prof Dr Daron Wai Kwong LEUNG, Safety Adviser, The Hong Kong Institute of Construction Managers
Dr Winson YEUNG, Principal Consultant, Occupational Safety & Health Council
Hashtag: #HKICM
The issuer is solely responsible for the content of this announcement.
About HKICM
Established in 1997 with the sovereignty handover, Hong Kong Institute of Construction Managers (“Institute” or “HKICM”) is the only local professional institution representing the construction management profession in Hong Kong. The Institute has developed rapidly, with its members reached 3,439, of which 1,285 were Corporate Members (including Fellows and Members).
Our objectives are to secure the advancement and facilitate the acquisition of knowledge and expertise which constitutes and promotes the practice of and professionalism in construction management. The works of the Institute include setting standards for professional services and performance, establishing rules of conduct, promoting Registered Construction Managers and Construction Supervisors and promulgating the recognition of professional site supervisors. We believe that all construction sites need to be managed by registered professional construction managers to ensure compliance of operation with government laws, safety and environmental protection requirements. In order to improve the professional standard of technical personnel in an orderly manner, the government needs to register and recognize the professional qualifications of site supervisors.
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